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.

Related in Net Worth:

December 2017 Net Worth Update (+$32,893) (Feb 04, 2018) Highlights for DecemberDecember 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...

November 2017 Net Worth Update (+$31,585) (Jan 15, 2018) Highlights for NovemberNovember 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...

October 2017 Net Worth Update (+$14,082) (Jan 07, 2018) Highlights for OctoberOctober 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,...

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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: $1,701,144


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