|taxable assets – debts||$70,600||$75,400||$73,800||+$1,600
|$ until FI||$845,000||$713,200||$785,600||+$72,400
Well, the stock market reversed my net worth loss from January. I had no income in February as I spent most of the month in New Zealand. I did get an update from a real estate agent from the firm who helped me buy my condo and they confirmed that my place is worth about what the other real estate agent had told me last spring. We’ll see what this upcoming spring brings in that area!
Expenses: I spent $5,579 in February including the mortgage or $4,552 without it. Some of my controllable expenses broke down as follows:
- $587 Clothing – Ahem. Some of this was in New Zealand buying cute summer clothes and some of it was some online shopping to stock up on some shorts and a new skirt after we got back, some of which I will be returning. So, estimate: $59 on three tops, $168 on three dresses, $18 for a pair of shorts in New Zealand, $74 for a new skirt in NZ, $X for hemming a pair of pants I bought in January, $42 on a new skirt that I’m 80% likely to keep, and $214 on some shorts in a bunch of sizes via online shopping of which I’ll probably keep 1-2, so $60 worth, so I really only spent $437 on clothing this month?
- $31 Entertainment/Social [average so far this year: $146, average last year: $211] – Wasn’t here for most of February, so not much spending here.
- $0 Eating out by myself [average so far this year: $6, average last year: $18]
- $89* Groceries [average so far this year: $89, average last year: $185] – This was low since we were gone for most of the month. We somehow managed to spend exactly $0.09 more on groceries in February than in January, after spending $0.55 less in January than in December. That is crazy!
- $6 Work lunches [average so far this year: $25, average last year: $147] – There weren’t too many work days in February :)
- $96* Electricity – December/January [$240 at this time last year]
- $5* Household goods – stocking up on Kleenex
- ($16)* Internet – Negative because I overpaid in January.
- $8 Toiletries [average so far this year: $15.5, average last year: $33] – vitamins
- $22 Recreation – yoga
- $X* Costco membership – we decided to try it for a year
- $39 Fuel [$0 at this time last year]
- $10 Taxis – home from dinner with a friend
- $5 Tolls
- $3,640 Travel – the rest of our New Zealand trip
* indicates expenses that were in the joint account. I calculate my expenses by tallying up all of my individual expenses for the month, adding in my mortgage payment, and adding in half of the joint expenses.
Savings: $42,200 (down $100)
These funds are spread across a checking account that gets free ATM fees anywhere in the world, my health savings account, a savings account at my credit union, and a bit of a buffer in my credit union checking account.
This is down from an ATM withdrawal in New Zealand. It should be down a bit more, but I didn’t transfer the money to my checking account to cover my March spending until March 1st.
Investments: $176,500 (up $7,900 or +4.7%)
This includes my 401(k) from my former employer: Roth, Traditional, and employer matching (fully vested!), my Roth IRA, my taxable investments including stock index funds and Series I Savings Bonds.
The change here comes from:
- My former employer depositing the matching money I missed out on – I was not expecting this!
- Some healthy gains in the stock market
My former employer 401(k) account is back above $100,000! And my Roth IRA is now worth just over $40,000! Woo!
Mortgage: $141,500 (down $800 or -0.6%)
Some statistics here:
- 2.5%: the interest rate on my 5/1 ARM
- January 2018: when the interest rate on my mortgage is set to reset, possibly to 7.5%
- 0: months of payments eliminated with this month’s pre-payments
- $0: extra payments made on the mortgage this month
- $0: interest this month’s extra payments will save me on the next regular payment
- 28.9%: portion of my regular payment went to interest (originally was 59%; down 0.1 percentage points)
- 60.5%: amount of equity in my condo, assuming purchase price (up 0.2 percentage points)
- 50.5%: amount of the mortgage I’ve paid down (up 0.3 percentage points)
- $24,500: amount extra remaining to pay to be on track at the end of 2015 to pay the mortgage off before the rate resets in 2018 (no change from last month)
I’m just letting the regular, automatic payment go for now. Nothing special to see here.
TOTAL: $533,800 (up $3,800 or +0.7%)
I ended 2014 with a net worth of $531,600, so I’ve seen a change of +$2,200 or +0.4% so far this year. I’m going to set the y-axis on this graph to $650,000 so we can see how my net worth grows towards that throughout the year. The graph is still boring, but I’ll post it once it gets interesting.