Considering that I crunched these numbers a solid three days ago, I'm feeling pitifully late in updating my spending and net worth. In my defense, I had some looming deadlines on Sunday/Monday, and then I decided to get the stomach flu which meant that I did nothing but sleep, vomit, and throw myself a pity party.
Anyhow, I'm back in the saddle, ready for baby girl to be born (well, technically I would prefer she wait until we actually get her new mattress), and wrapping up life at the major retailer as best as possible.
In the meantime, I will indulge the financially curious among you (but first two pictures from a wedding).
February 2016 Spending $3646.76
Our February 2016 spending ($3646) came in about $1100 below our trailing 12 month average. Interestingly, our spending composition looked different this month as compared to other months.
First of all, our miscellaneous spending was $1159 which included the costs to attend a friends wedding, some date night childcare, and the heavy hitter a new mattress (from OnPurple.com). The mattress is already worth every penny. Rob wakes up and is able to move around immediately, and at 8.5 months pregnant, I'm sleeping through the night.
We also saw higher than normal grocery spending this month (after a pantry challenge last month). This is mainly due to some stocking up, a few more convenience foods, and a bit more entertaining than usual.
Most of our low spending came from the fact that we spent $10 on our home (compared $1620/month in our trailing average), and $0 on our rental (because apparently being two months ahead is frowned upon, so our check was returned, and our second check didn't get cashed until March 1st).
Looking ahead, I expect to see high medical expenses in March (come on baby, it's time to join the world!), and low expenses in most other categories.
Net Worth $475,453 (+$5,866)
Our net worth increased by $5866 to $475K in February. The majority of the increase came in the form of cash because Rob needs to invest his Roth IRA.
I've recently started using a tool called DIY.Fund to track our investments. It's a great tool that helps Rob and I become more intelligent investors (full disclosure, I also write for their blog, but this isn't an affiliate link). I'm also hopeful that Rob will hop off the all equities position in his investment accounts as result of the insights he's finding from the tool. So far, no dice.
We might still be on track for our Balls to Walls Savings Experiment in 2016, but we won't make too much additional progress in March. We will wait on non-scheduled investments until we've paid any taxes we owe, and our medical expenses associated with baby.
Our goal was to Max out one 401K, two Roth IRAs, two ESAs, and as much of an HSA as is allowed. To date, we have maxed one Roth IRA, one ESA, contributed $6400 to a 401k and $1000 to our HSA. These amounts are in line with our expectations, but we will have to either hustle or keep expenses low to actually hit the goals. We will see if we can do one or the other.
I'm a wife, a mom, an employee, and a personal finance nerd who is devoted to spreadsheeting my way through life.