I want to explain why I do a monthly net worth update.
- Keep me accountable
- Track my journey
- Prove that anyone can become a millionaire
- Prove that FIRE works
Another month and I’m still inching my way closer to FIRE! Stay consistent and keep investing like it’s going out of style.
This month I made $7,201.
Expenses total right at $2,409.
This month I saved $6,111 which is right around a 69% savings rate.
- $1,811 TSP
- $4,300 Crypto Account
Checkout CC hacking it saves me a ton of money!
This month’s side hustle income was zero! I had a pretty busy schedule and did not really focus on it.
Side Hustle Income: $0
Net Worth: $383,827
That is a +$20,104 gain since last month’s net worth update for February was $363,686
This is where it gets a little sticky now. My net worth posted on Personal Capital in the sleek graph below is wrong. Still, have some of that crypto that would not link to Personal Capital.
I love using Personal Capital to track my Wealth.
The wealth domination is moving forward at increasing rates! My crypto stash is growing at a nice rate. My risk allocation is still not at 10% of my portfolio. The faster you start investing the better your flexibility is in life. Because you just never know what opportunities or shortfalls will show up in your life.
It’s crazy to think about 5-6 years ago I was lost, confused not sure If I could ever retire. Now today not only have I built a $380,000 portfolio, I have plan, I’m taking action, and I will hit FIRE in the summer of 2024. From lost to FIRE in less than 10 years with no fancy six figure income.
I have finally found a deal and put in an offer to buy here in San Diego!!!! That is right I might be adding real estate to my portfolio. But it’s not your average REI deal. Well what really is ever average with me and my finances lol. So I could not find a house that would work great for house hacking here in San Diego.
The market here is HOT! So hot in fact we kept getting forced to not even bid because there would be a bid war on a house that my wife would dean as a “pig with lip stick” of course in her French accent.
What we found is a good deal on 8 acres of land in the beautiful area of Ramona. It’s a small town vibe where all the best hikes are here in San Diego. I’m hoping by the time this article posts I will be a owner of 8 acres. The hacking part is pretty incredible so much so I will be writing about it in a separate post.
Let’s just say how I am buying it and living on it takes financial hacks to a new level.
Time + Consistency = Wealth Domination
More outdoor adventures! Love how much we get out and see things for free. It’s great for our health, body, and mind. Such beautiful views on our hike to some waterfalls.
Still practicing stoicism and gratitude every day. It seems to help me a lot with my daily activities at work, life, and with family. Here is a nice shot of the waterfall. While we were sitting there a kid decided to slide down it. I was impressed that he enjoyed it so much he went back and did it multiple times. Kids have no fear.
I have been running more and put a system in place for that and it’s working great. Need to figure out a better one for the guitar and language practice to get it more consistent still.
For those of you that have been following my Net Worth Updates can probably skip the rest of this post.
Barista and Coast FIRE group.
I have created a FIRE group for Barista and Coast FIRE people. I saw there was a gap in the community and these paths seem like the more enjoyable path. So I said, “why the hell not take on this as a passion project?”
One of my desires this year is to really get and build more community! Here is the Barista and Coast FIRE group HERE.
Join us in our no judgement FIRE group
No gym, weights, or fancy gear for over a year! I’m literally slaying this fitness routine. It’s Fun, Simple, and Works. I’m literally gaining flexibility, strength, endurance it’s incredible. Mind you this is with me having multiple injuries from the Marine Corps. I have learned I never needed that gym anyway.
On top of that, I have started to cultivate a Facebook Fitness group where anyone is welcome to come to join us. I set Bootcamp challenges to get everyone motivated and active.
Do you have a fitness goal for 2021?
- Get stronger
- Lose stubborn body fat
- Get a more defined six-pack
- Be more active without being judged
Join my FREE no judgment fitness FB group HERE. The goal is to build a community and help positively impact your health for FREE.
Hopefully, you enjoy these updates and it inspires you to keep going!
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My favorite free financial tool to manage my net worth is Personal Capital. You get a $20 Amazon gift card for signing up.
My favorite free investing platform is M1 Finance. You get $10 for signing up. No trading or management fees plus you can buy fractional shares.
My favorite phone service is Mint Mobile. You get a $15 renewal credit for signing up. I get a year of phone service for a rock bottom price of $240. As a guy who travels and lives in an RV full-time, this service has been amazing.