Hello Money Voyeurs! It's your favorite time of the month, the part where we bear it all (financially speaking of course)!
This month was a pretty crazy month as I attempted to adjust to staying home with kids (still on FMLA), waking up in the middle of the night (not often thankfully), and life as a family of four. As you can tell from the benign neglect on the blog, writing for myself hasn't been my top priority. I wish to make writing a higher priority, but I have limited kid free time, and I have alternative pursuits that vye for top spot.
Right now, the winning pursuits are exercise (feel the burn with HIIT workouts!), writing for other people, and sleeping. Some lesser pursuits include volunteering with a career exploration camp and spending time with friends. Writing for my own blog fell to the bottom of the heap, and I'm trying to decide if I'm okay with that or not. I suspect that I'm not, but I need a few more weeks of new baby time before I make a call one way or the other.
Now, onto the money reveal!
April 2016 Spending $4068.68
In April, we spent* $4068.68.
The largest portion (nearly $2500) went towards medical expenses which included the character revealing trip to the physical therapist, long overdue trips to the dentist for me and Kenny ($398 combined), and the bulk of the expenses associated with Shelley's birth. We still owe a few hundred to my OBGYN for a bevy of tests and a follow up appointment (need to get the bill first), and we owe some amount to the pediatrician, but my insurance hasn't sent me new insurance cards, so... healthcare.
We also purchased insurance for our car, home and rental property, and I haven't yet received refunds for the paid portion of the home/rental property (I interrupted writing the post to send an email to our previous insurer).
The only other major purchase this month was an action camera that Rob mounted on his helmet. He wants to record nature on his daily bike ride and catch the bad guys on the greenway (the bad guys are anyone who dirt bikes on the greenway). I made him sell our old mattress and a few odds and ends around the house before agreeing to spend money on the camera. I'm not sure that counts as a couples decision making, but I feel that everyone wins in such an arrangement. What do you think?
*Spending does not include giving, taxes, work related expenses, or healthcare premiums that come directly from my check.
April 2016 Net Worth $510K
Our net worth creeped up by $4K this month, mainly due to investment growth. We now sit at $510K
Our net worth is comprised of two real estate properties (25% of net worth), cash in various accounts (6.7% of net worth), and investments (67% of net worth).
We keep the properties at their purchase price for two reasons. The first is that we believe that our rental property is worth approximately the original purchase price. The second is that the value of our house is hard to estimate since we've overbuilt the neighborhood, but it's a rapidly gentrifying area.
April 2010- I had a net worth of approximately $8500. I know because the next month, I bought a $6000 car and had $2500 left in the bank until I got my first paycheck from my glamorous first job after college (I worked as the "night shift manager" at a warehouse. I managed nobody but myself). I was running a blog about Urban Economics in Asia.
April 2011- I met Rob's family for the first time. His sister was super awkward about it because that's how she is (hi Emily :)). I'm guessing that my net worth was around $35-$40K. I know for a fact that my 401(k) had $11K in it (this was from my second post college job). I was running a blog about Business Intelligence trends.
April 2012- I closed on my first house. It was the Condo that Rob and I lived in, and we got a quick claim deed a few months after we were married. I assume Rob and I had a combined net worth of around $175K. I wasn't actively running any blog.
April 2013- I house hunted by myself in Raleigh on two different occaisions this month. We closed on a house remotely a few months later. Our net worth was likely around $225K. I was running an economic policy blog (I was much smarter about ideas then v. now).
April 2014- This was our first month formally tracking our net worth. (Up until this point, we only tracked cash on hand). We had a net worth of $306K which included an underwater condo in Minneapolis, our first Raleigh house, and various investments. Although I was eight months past giving birth, this was the period of post-partum depression (yes, it's a real thing to be depressed up to a year later). I was running a cooking blog. Kenny started pulling himself up this month though he wouldn't start walking until he was 13 months old. It was also this month that we discovered he loved meat!
April 2015- This blog was a wee little baby blog. Our net worth was $466,653. Kenny was nearly two and was quite a talker already (though his words were unclear, and his vocabulary was limited). I just packed up some of the clothes he wore at this age, and it's hard to believe he was ever such a small toddler. Shelley was not yet a twinkle in my eye, but we started talking about adding to the brood around this time.
I'm a wife, a mom, an employee, and a personal finance nerd who is devoted to spreadsheeting my way through life.