Net Worth, Personal History

Net Worth Update – October, 2017

Almost! Almost hit 200k last month! Helped by the market, my net worth increased by $6,177.03 last month to $199,392.83! I was hoping to change that first digit, but it looks like that will have to wait until the next update (unless the market takes a turn, and stocks go on sale, of course!). With a 4% safe withdrawal rate, this…

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Uncategorized

Net Worth Update – September, 2017

Another Big Jump Last Month! At some point, stocks will have to go on sale again, but for now the rally continues! My net worth jumped up by $7,421.13 last month! Stock market rallies make the accumulation phase much more exciting and motivating, but actually it would be better to be investing during market declines. Can’t time the market though! Spending…

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Net Worth

August Net Worth Update

Russia Turned Light Green! It is very encouraging to see the colors shift on the map, as the size of my investment portfolio increases. I had another great month, despite booking that flight to Japan in the spring, and also taking a trip down to Florida to visit family. I am blessed with a wonderful, kind family, and it was…

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Budget Series

The Budget Series – Part 1: Housing

Housing is Typically the Largest Item on a Budget …so it makes sense to optimize here as soon as possible! What is the common thing to do? Buy as much house as possible because “real estate always goes up!” Let’s see what that would look like for me: This calculator, based on my income and a $30,000 down payment, tells…

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Budget Series, Saving

The Budget Series

How to Save Money Step 1 – Spend Less Than You Earn Step 2 – There is no step 2 2017 Budget I earn a salary, with no bonuses, so aside from an annual elective contribution from my employer to my 401(k) – or a side hustle of some kind – the income side of my savings equation is fixed:…

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Food, Saving

Slow Cooker –> Grocery Savings

Crock pots can help save both time and money! I don’t spend my time only optimizing personal finances, but also my use of time. My background is in economics, and that is the study of the allocation of scarce resources, and in microeconomics we spent a lot of time doing maximization/minimization problems with budget constraints. To start with, crock pots are…

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Travel

Travel Hacking: Chase Sapphire Reserve

I just booked a flight to Japan! I know, this is supposed to be about saving, and frugality, and, and….why is this guy now getting excited about a luxury splurge on international travel? Well, it’s not until March of next year and it’s my annual trip to visit with my parents who live in Bangkok. We’ll be meeting up in Japan to…

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Net Worth, Personal History

Net Worth Update – May, 2017

It was another great month!  My net worth increased by $5,119.84 to $168,006.69. The chart below shows my progress since 5/10/2010: Using a 4% withdrawal rate, this is sufficient to generate $6,720.27 per year which is close to the median household income in Mauritania, and is as high or higher than the median household income in the dark green countries…

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