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
I hit FIRE in 2023 at age 38! Stay consistent and keep investing like it’s going out of style.
Income
My income totaled $6,343. This combines passive income from my military retirement and VA compensation.
Expenses
My expenses totaled $6,196. A big expense month for me.
Savings
Now that I am retired, the focus is not on a high savings rate. This month, I saved $147.
- $147 Money Market Account
Check out CC hacking, it saves me a ton of money!
Side Hustle
Side Hustle Income: $0
Net Worth: $952,541
My net worth does not account for my passive income. I only account for my liquid investments, cash, paid-off RV, and truck. However, I put my RV for far less than NADA says it’s worth and less than similar models on the used market. I eventually might take the RV and truck off completely, but as of today, it accounts for $400 of my total net worth.
That is a +$30,100 gain since my last net worth update for August 2025 was $922,441.
I love using Empower to track my Wealth.
Final Thoughts
September was another great month for my wealth stash. It was also my first month in my new apartment. I am loving it so far, but I had a big feeling I would. I mean, what is there not to love about renting? I get bad ass amenities, carefree living with no worry about things breaking or having to upgrade things, and I am minutes from everything I could want location-wise. The only downside has been having to shop for furniture for the place. I would say I am probably 95% done with furnishing the place.
I still have a few odds and ends to take care of, like better organization. But overall, yeah, It feels great being a renter again and not having to do renovations or fixing things. I have started to clean up the RV, and next I have to organize all my RV tools/supplies to see what I plan to keep with the RV and what I will sell or donate. I’m still unsure if I will keep the RV or just sell it.
But to be honest, I still am not sure if this is my forever location. I still have no idea how people pick a forever location. I enjoy this area enough, but there are just so many great places in this big world. I have been surprised that so far I have been able to cash flow all of my purchases for the new place, even with having to pay 3rd quarter taxes this month. I have about $40K sitting in cash that I have been holding for far too long. First, it was to splurge on a new truck, but I decided to get a loan because the APR was low enough for me. Then it was going to be for a new luxury RV, but ended up going the apartment route instead. Now I kept it for furniture or perhaps a big toy like a boat or sports car. Yet the more I think about buying either of those items, I just think about all the extra upkeep they will cost me both in time and money. I’ve started to look at purchases like these not just in monetary ways but in time. Like a boat takes a shit ton of upkeep, that is time I lose. At this point, I think I’d rather rent a boat or sports car and let someone else deal with the upkeep.
My Passive Income
It’s cool that I make $76,116 annually without even touching my investments. That is the equivalent of $2,511,828 million invested at a 3% SWR. If you add my investment portfolio, I could have around $103K-$131K a year in passive income with around a 3%-6% SWR.
As you can see, I don’t have any reason to hustle for more money. Though this does not mean I might not ever make more money, as I have thought about starting to house hack or get into rentals.
It does feel incredible knowing that I can spend up to $131,000 a year and never have to work at a job to do so. It’s all passive income that I get, no matter what I do that year or where I live.
Those of you who 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
Fitness
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, and 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 2023?
- 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 they inspire you to keep going!
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