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 $7,558. Made a little extra money this month by accident!
Expenses total right at $1,875.
I saved $6,360 this month. That is right around a 69% savings rate!
- $4,500 Money Market Account
- $1,860 TSP
Check out CC hacking it saves me a ton of money!
Side Hustle Income: $1,500
This month I made $1,500 in side hustle money. I also am now earning interest in my BlockFI crypto account. Not sure if I count that as a side hustle though.
Net Worth: $496,549
That is a +$30,227 gain since last month’s net worth update for February was $466,322.
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.
Not a bad month for my FIRE journey! Over $30,000 increase for doing nothing at all. All because I stuck to my plan and followed what the math says. The more you keep your emotions especially fear out of investing the weather you become.
A great month for side hustle income. Well, the truth is a lady hit my truck on the highway. She only damaged my tail light and put a little ding in my metal bumper. The body shop said it would cost $1,500 in parts and labor. My insurance company would not even help me file the claim against her, even though she was at fault. But they sure as hell told me I could pay my deductible and they would get it fixed. I did a claim through her insurance company which was Geico. They made it hell for me to file and it took weeks but they sent me $1,500 cash to my bank account. Bought the tail light for $40 online and installed it myself.
I recently decided on something big that I will announce in a few months if I get the green light on it. It’s scary and exciting all at the same time. It will be a huge change for my life, blog, and career. Fingers crossed on this.
Well hopefully everyone enjoyed this month’s update. Keep on keeping on the journey.
For this blog, I only show my portfolio and don’t show our combined portfolio. I’ll leave it at that we are doing very well and way above average. Which makes going to work that much harder every day! But I plan to pull the RE card in the summer of 2024.
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, “I have to take on this passion project.”
One of my desires this year is to get and build more community! Here is the Barista and Coast FIRE group HERE.
Join us in our no judgment FIRE group
No gym, weights, or fancy gear for over a year! I’m slaying this fitness routine. It’s Fun, Simple, and Works. I’m 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 Empower. 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.