August 2016 Financial Statement

According to my Integrity Policy, I want to let you know that this post contains Personal Capital referral links. Personal Capital is a free service. They are looking for high-net worth individuals as possible customers for their financial advisory services, but the expense tracking and retirement planning tools that I recommend are free of charge.

February 2016 Financial Statement

It’s all about the Benjamins. And Jacksons. And Lincolns. And Washingtons.

Well, all things considered, the fact that we got married and the net worth still moved in the right direction is probably pretty good.

AccountLast MonthBalanceChange
Personal Checking$5,332.83$10,145.41$4,812.58
Business Checking$2,799.63$530.39-$2,269.24
Real Estate Operating Account$1,244.10$1,461.83$217.73
Real Estate Cash Flow Account$7.03$1,012.12$1,005.09
Credit Cards-$11,995.38-$16,502.15-$4,506.77
Retirement - HSA$2,752.91$2,799.62$46.71
Retirement - After Tax$47,353.04$47,909.36$556.32
Retirement - 401(k)$101,775.01$104,664.86$2,889.85
Retirement - Roth IRA$9,103.05$9,126.56$23.51
Asset - Home$500,000.00$500,000.00$0.00
Asset - Rental 1$42,112.00$43,043.00$931.00
Asset - Rental 2$66,240.00$66,240.00$0.00
Asset - Rental 3$85,065.00$88,949.00$3,884.00
Mortgage - Home-$381,386.67-$381,140.81$245.86
Mortgage - Rental 1-$44,320.62-$44,260.62$60.00
Mortgage - Rental 2-$47,980.85-$47,915.14$65.71
Mortgage - Rental 3-$57,830.73-$57,756.43$74.30
Student Loan 1-$21,969.99-$21,819.88$150.11
Student Loan 2-$13,657.13-$13,563.83$93.30
Student Loan 3-$4,401.27-$4,302.18$99.09
Net Worth$280,241.98$288,621.11$8,379.17

On our August 2016 financial statement, our net worth increased by 2.98%!

This month’s big expenses were a few finishing touches for the wedding, and my last Dental Tourism trip to Thailand!

August was a bit of a quiet month for the blog, though we did turn one, so the blog is now officially a toddler! I wasn’t idle all month, though. No, I was working on my super-important, ultra-secret project which, with a little luck, I should be announcing this month! It’s very, very exciting, and I’m pretty sure blog regulars are going to love it. A few of you may even have previewed it already, so feel free to tease your fellow readers in the comments!

Blog Income

As I mentioned in my Integrity Policy, I want to make sure I share any and all professional relationships and compensation I make as a part of this blog.

In August, I earned the following:

  • $27.85 in Google Ad Income
  • $5.33 in Dorco Affiliate payments

This month, the blog made $33.88! Not too shabby, considering how little I managed to write this month. I think next month could be, as they say, “Yuge!” At least, it might be if you guys like what I’m cooking up. Lord knows I’ve already spend countless hours playing with… well, with whatever it is. No spoilers!

If you’re looking to start your own blog or web site, please consider using my referral link for BlueHost. I’ll get a little cash to help pay hosting expenses, and you’ll get a great hosting provider (the same one I use) starting at about $3.95 per month.

Retirement Update

Our net worth is up $8,379.17 this month. The rest of the year should be a nice, even steam towards a higher net worth, and I’m hoping we will cross the $300,000 threshold this coming month.

With equity and bond accounts totaling $164,500.40 at the end of August, a 4% Safe Withdrawal Rate would allow us to take out $548.33 per month. Our rental properties, after all expenses, vacancies, and short and long term maintenance are considered, produce $986.00 of safe cash flow every month.

Safe Monthly Income:  $1,534.33 (+$11.72 to Last Month)

% to Goal: 30.69% (+0.24% to Last Month)

Want to Know How to Track Your Expenses?

It’s really easy. Sign up for a Personal Capital account, which is completely free. It’s how I track my balances across time, and allows me to project all my retirement progress without doing any work at all. As a disclaimer, if you sign up with Personal Capital, this site may get a referral fee depending on the size of your portfolio.

7 thoughts on “August 2016 Financial Statement

    1. The Vagabond Post author

      Thanks, Vicki! It was a completely perfect day. We wouldn’t change a single thing about it. As to the project, you won’t be waiting long… the list of things to do is only a post-it note long now, though it will still be a week or two. Stay tuned!

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