February 2018 Net Worth Update (-$47,198)




Highlights for February

  • Finally some sanity kicked in and markets were all over the place in February. Who knows where the markets are headed now, but I still think they are richly valued.
  • Ive started working on my taxes and realized I need to continue to work on my property ladder. Ive got 3 rental properties and now only one with a mortgage, I need to refinance and plan to grow our investments.
  • I snagged a cruise on MSC cruises for us in the Fall when our daughters are out of school. I had been looking for a cruise for awhile and had almost given up on the thought of finding an affordable cruise, but this deal popped up with the kids sailing free (just paying port taxes) in my email one day and I booked it.
  • I also signed up for another Barclays travel plus credit card promotion with a bonus equivalent of a $400 credit for future travel spend. I will plan to use it to offset some of our upcoming cruise costs.


January 2018 Net Worth Update (+$43,834)




Highlights for January

  • January was another incredible month of growth for our net worth growth kicking of 2018 with a nice start.
  • Only a few days into the new year and I had to unexpectedly replace a HVAC system at a rental property for $4,400. That is what our cash/emergency funds are for.
  • For the first time in a long time I got *close* to an overdraft situation in my checking account. My primary mortgage company somehow withdrew my January mortgage payment twice in January and then I had a multitude of Dec bills withdrawing from my account in early December. Its thrown my monthly cash flow cycle of income/payments off for a bit and Im still shuffling money around my cash accounts to re-adjust.
  • Late January we got into vacation planning mode planning a short Spring break trip on the Virginia coast (using hotel points), and a week in the NC Outerbanks during the summer (renting a condo for a week).
  • Our monthly spend still seems high. Its the new normal it seems, and I keep talking about reducing our spending run rate, but no progress. With healthy net worth growth its more palatable for me.


December 2017 Net Worth Update (+$32,893)




Highlights for December

  • December was another good month of growth for our net worth growth bringing 2017 to a close. Our net worth grow over $245k USD in 2017! Its hard to complain about that kind of YoY growth. If the market were to continue like 2017 we'd hit out financial goals in the next 1-2 years.
  • I am in the process of paying off our equity line on House #1 as I received a letter reminding me it matures in July 2018. I sent a check in for $5.5k USD to pay it down and plan to get it paid off in the next month or so.


November 2017 Net Worth Update (+$31,585)




Highlights for November

  • November was another good month with our net worth still growing at a healthy clip.
  • Ive decided to go ahead and payoff our equity line on House #1 as I received a letter reminding me it matures in July. I sent a check n for $10k USD to pay it down and plan to get it paid off in the next 1-2 months.
  • Otherwise November was a quiet month on the financial front.


October 2017 Net Worth Update (+$14,082)




Highlights for October

  • October still had healthy gains after a significant bump in September.
  • We spent the first part of October on a Disney family vacation. I had a lot of heartburn about the expense of this trip for several months, but I came back convinced it was the right decision for our family. It was a magical (and exhausting) time for the whole group. In the end our entire trip cost us under $4,000 USD for our family of four for 6 nights/6 days in parks.
  • I also had another 2 week international business trip in October. I foresee work travel slowing down soon (I hope).
  • My wife and I celebrated our 10 year anniversary in late October! Hard to believe how fast time flies. I did buy my wife a gemstone necklace to mark the occasion and we celebrated with a nice kid-free dinner out.


Last 15 Personal Finance Entries


10/24/2017 | September 2017 Net Worth Update (+$40,835)
09/05/2017 | August 2017 Net Worth Update (+$3,767)
09/05/2017 | July 2017 Net Worth Update (+$25,312)
07/21/2017 | June 2017 Net Worth Update (+$26,879)
07/21/2017 | May 2017 Net Worth Update(+$12,231)
07/21/2017 | April 2017 Net Worth Update (+$8,354)
07/21/2017 | March 2017 Net Worth Update (+$9,582)
03/08/2017 | February 2017 Net Worth Update (+$32,457)
02/24/2017 | 2016 Passive Income: Dividends
02/20/2017 | January 2017 Net Worth Update (+$12,144)
02/04/2017 | December 2016 Net Worth Update (+$19,452)
10/03/2016 | August 2016 Net Worth Update (+$27,077)
10/03/2016 | July 2016 Net Worth Update (+$33,703)
07/10/2016 | June 2016 Net Worth update (+7,831)
07/10/2016 | May 2016 Net Worth Update (+$12,330)

About 2millionblog.com

A personal finance weblog of my journey to reach my goal of $2 million + the value of my primary residence.
Current Net Worth: $1,819,644

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