Spreadsheet day! Spreadsheet day! You KNOW I gotta have my spreadsheets! I figured on top of the weekly review, we’d have a monthly one since I plug in all the numbers anyway and have the data, and so we can see our overall monthly spending and progress.
Lets run the numbers…
Due to the wife’s bonus we broke our monthly NW increase record. Starting July 1st our NW was at $57,547 and today it is at $66,312! That’s an increase of $8,765 (+15.23%). Hot dang!
If every month was like last month we’d hit our target FI number of $1.2m in 8 years (disregarding inflation). That’s a lot of cheese burgers! More realistically I’m estimating monthly increases in the 5k range to our NW for the time being. But the more the better! We should be on track to easily break 100k by the end of the year, something I hadn’t thought we’d reach until mid next year, so that’s awesome! high five
Here’s what our spending looked like:
|Groceries & Household||578.20|
|Alcohol & Bars||135.44|
|Gifts & Donations||35.77|
Obviously a HUGE chunk of that was student loans. Without that it comes to about $5553. And that’s including our trip and car repairs. I feel like we weren’t really worried about spending too much and still had lots of fun, with lots of cash money left over!
Our income for the month was $11,818.75, $1275 of which was side-income. We’re on the right track and future looks bright!