Net Worth Breakdown
The Neighborhood Finance Guy stays accountable and transparent. This page provides all of his household's monthly net worth statement breakdowns and total expenses too. Every Million dollar net worth starts with one dollar.
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How to Overcome Red Halloween? A Massive Financial Surprise in October!
Financial Scares, Inflation issues and High price frights. Alas we made it through October. Just maybe we can survive to end 2022.
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How We are Paying Down Our Debt Since 2019
Time to pay down the debt that we picked up. As always we are tracking this via an Excel sheet with validation from the Empower app. The app is FREE. It used to be known as Personal Capital. When it comes to wealth-building, half of the equation requires that you pick up assets. The other half requires that you pay off liabilities. Every month, we track our net worth. This includes two mortgages, one auto loan, and credit card debt. We also track your investments via the link, if you click on the photo below. For me, it’s therapeutic and helps keep my mind sharper. Most people run away from…
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Our Net Worth Performance Was Great Until Bloody September!
The post outlines a tumultuous financial year marked by inflation, depleted savings, and high expenses. Despite challenges, there were job transitions and a move to Florida with relocation costs. It discusses the importance of financial strategies like dollar-cost-averaging, reduced monthly expenses, increased investments, and emergency funds. The net worth rebounded in September, emphasizing resilience and long-term goals, including home renovations and a new savings plan. Financial literacy and adapting to changes are key themes for achieving stability and growth.
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Changing the Narrative of Wealth by Valuing Time
Investment thunderstorms, repairs and vet bills. Building wealth has never been harder but we can make it through. Going beyond F.I.R.E.
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Investments surpassed $900,000. Time to Celebrate in Texas?
A small but meaningful TNFG July celebration is in order. We survived the Great Stock Rotation. We don't expect much from Q3 so here's hoping for a solid year end close out of +5% to +11% growth.
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Tracking Our Million Dollar Investment Portfolio Since 2020
You have to have some investment if you want to excel in a capitalist system. Without capital assets, you are merely falling behind. Here’s every single month of tracking our investment portfolio since 2020. Links are also available for the full net worth breakdown for that month. Although we started to track our net worth in 2012, we didn’t start writing blog posts until June 2020 when the website was created. Things that helped our investment grow? I’m not a fan of people sharing their final investment numbers without a full context. It’s only fair to paint a real picture. For one, although my wife and I didn’t come from money,…
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Why Tracking Your Wealth Matters. Our Monthly Net Worth Since 2020
A monthly net worth breakdown can help you understand your finances and how you can increase your net worth. To calculate your net worth, you can subtract your total liabilities from your total assets: Factors affecting our Net Worth? I also wanted to add that we are a dual-income family with no kids (but a dog) living in the DMV. The DMV is a tri-state area comprised of the District of Columbia, Maryland, and Virginia. It’s one of those areas where the median income is typically higher than the rest of the nation. Although we don’t have high-powered C-suite careers, we were fortunate enough to land jobs with great pay. The…
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250k Reasons Why A Mid-Year Financial Review is So Powerful
The stock market tumbled in 2022, however just like that it rebounded through the first half of 2024. You really can't time the market. Stay invested!
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Still Not Debt Free but We are Pushing Toward a $1.5 Million Net Worth
Hooray we all made it through May and the Pandemic. Just six months left to reach your Financial Goals.
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How to Maximize Your 401k Contributions. My 10-year Gains Exceeded $150,000, on Track to Reach Over $1 Million
If you told me back in 2014 that I would be able to reach even $1 million in investments, I would have likely dismissed it. Social media is filled with misinformation about 401ks, the proof is way more impressive.
