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2016 Stats

May 15th, 2016 at 06:46 am

I wanted to do a reality check on our spending for this year. I just had to spend a minute or two running reports in Quicken to gleam the following.

2016 Stats through April 30th:

--Spending is $15,580 for 1/3 of the year.

This is $3,132 less spending than same time frame last year.

Major difference is that we paid $3k for Japan trip in spring 2015.

I'd say we are pretty consistent. The Japan trip was clearly a one-off.

One thing I was concerned about is if we were justifying more spending with dh working. I'd say the answer is no.

In fact...

--Gross Income is up a mere $326. Versus the same time period last year.

Factoring taxes, I'd say our net income is lower.

Is dh working for the money? Clearly no.

{I made less OT money and didn't chase as many credit card type rewards}.

Other Stats:

--Net Worth is up $20,000, from January 1.

--If we paid off our mortgage today we'd have $125,000 left in savings/investments.

I think we have crossed the line to feasible. This would leave our Traditional IRAs and kids' college money (gifted) intact.

Is not something we will consider until we can do so without raiding our ROTHS. But, we are getting there... It's starting to snowball down the hill. We went from $0 to $125k in just 3 years, and that should just continue to accelerate.

3 Responses to “2016 Stats”

  1. LivingAlmostLarge Says:

    Good spending. I know we're at $24k/year about $6k burn rate.

  2. Joan.of.the.Arch Says:

    That's cool that you can compare this point 2016 to this point 2015.

  3. FrugalTexan75 Says:

    Neat!

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