July 2016 Financial Update

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Thanks July, you were great. Can you tell August to keep doing the same thing please? Our net worth continued to climb throughout July to an all time high of $1,633,000. Spending was very low at $1,190 while income was a bit higher for the month at $2,336.

We just returned home from our three and a half week road trip to Canada and it was a huge success! Some of those travel expenses are included in this post, however I hope to have a separate post outlining our trip and the travel budget later in August.

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June 2016 Financial Update

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On a day to day basis, our net worth in June zipped around like a spooked jackrabbit chased by a wolf. That rabbit didn’t know the wolf’s name was Brexit. By the end of the month, nothing much changed, with our net worth increasing very slightly by $1,000 to $1,566,000. Income remained strong at $7,614 thanks to dividend payments at the end of the second quarter. Expenses continued to be low in spite of a hefty estimated tax bill coming due in June. Overall, our early retirement finances are looking great and our cash buffer account keeps growing.

The start of summer was remarkably mild here in North Carolina and we have enjoyed numerous days with temperatures in the 70’s. I expect we are escaping the heat just in time as we’re about to depart on a three and a half week road trip to Canada.

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A Night at the Focus Group

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When I received a call one evening promising $75 in exchange for participating in a two hour focus group, I figured “easy money”. It turns out it’s not only easy money but a fun time if you’re into observing humans and watching the industrial marketing machine at its finest.

At the end of May I left the house a couple minutes past 5:00 pm destined for the office building where the focus group session was being held. Since I was traveling during rush hour I allowed a few extra minutes to reach my destination that, according to Google Maps, was supposed to be 12 minutes away during normal traffic.

I’ll be honest. I hardly ever drive in rush hour traffic (I’m retired). The drivers next to me gently reminded me it’s hell, or at least a scalding hot version of purgatory. Within a mile of my house, my minivan was almost the victim of insane aggressive driving not once, but twice. Where are all these people going in such a hurry? I bet commuting is the worst part of the work day for a large minority of employees.

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May 2016 Financial Update

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May proved to be another good month financially for us. Our net worth continued its upward march with a $13,000 addition, bringing total net worth to $1,565,000. Our income ballooned to $10,826 while our spending increased slightly to $2,979 to almost match our monthly spending target.

Summer sneaked up on us this year. The hot, humid air that just appeared in North Carolina is a reminder that spring is no longer with us. Fortunately, we’re escaping the heat by heading north to Canada for a couple of weeks. Our kids have four more days of school before they are out for the summer, which means us parents get to sleep in seven days per week.

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