Progress Update – April 2017

Every month I’ll post an update on my finances from the last month, with a focus on increasing income, spending less, and maintaining a high savings rate.  You can see previous updates here.

Results – April 2017

April was a “normal” month – 2 paychecks, a tame stock market, and flat expenses.  My net worth increased, I paid off some debt, and I paid my 6 month car insurance bill (I really did save 15% or more by switching to Geico…).…

Monthly Update – March 2017

Every month I’ll post an update on my finances from the last month, with a focus on increasing income, spending less, and maintaining a high savings rate.  You can see previous updates here.

Results – March 2017

March is finally over, which means I’m about to enter Financial Hibernation – basically the first 3 months of the year are awesome in terms of financial progress for me due to lots of extra income.  …

Monthly Update – February 2017

Every month I’ll post an update on my finances from the last month, with a focus on increasing income, spending less, and maintaining a high savings rate.  You can see previous updates here.

A quick note: I’ve updated how I’ll show my results.  For one, I’ve gotten rid of the “carryover” category.  I’m going to focus on tracking my Savings Rate over the course of the year.  

2016 Spending Review (and My 1st Full Year of Budgeting)

Despite being obsessed with all things personal finance for the last couple of years, 2016 was the first time I tracked my spending for an ENTIRE YEAR!  On a related note, I also made bigger gains in my net worth than any other year.  Coincidence?  I think not.

How I Feel About Budgets

As I’ve mentioned before, for the last couple of years I’ve used You Need A Budget (YNAB).  …

The One Where I Post My Net Worth

A couple years ago I downloaded the app Mint, synced my accounts and was presented with a rather depressing number:

-$43,000

That’s not the exact number but a pretty close estimate.  I was in my mid twenties, had a job making $36,000 a year, had just bought a newish car, and still had around $50,000 in student loan debt.  …