FatStacks' Net Worth for May 2022

Assets	Value	Change ($)	Change (%)
Cash	$5,885	($615)	(9.46%)
Stocks	$304	($41)	(11.88%)
Company equity	$21,789	($4,571)	(17.34%)
HSA	$12,569	$571	4.76%
Cars	$61,597	-	-
Home	$210,000	$38,701	22.59%
Cryptocurrency	$20,527	($1,699)	(7.64%)
401k (old employer)	$134,932	$2,926	2.22%
401k (older employer)	$174,665	($280)	(0.16%)
Profit Sharing (spouse)	$59,183	-	-
Boat	$45,000	-	-
Total Assets	$746,451	$34,992	4.92%

Debts	Value	Change ($)	Change (%)
Home Mortgage (15yr 3%)	$117,264	($619)	(0.53%)
Student Loans (2.8%)	$5,900	($134)	(2.22%)
CC (0% pay off evry mnth)	$3,082	($379)	(10.95%)
Car Loan (72mo 3.82%)	$58,703	($801)	(1.35%)
Furniture (0%)	$4,223	($118)	(2.72%)
HELOC (8.25%)	$30,105	-	-
Total Debts	$219,277	($2,051)	(0.93%)
Net Worth	$527,174	$37,043	7.56%
^*All values shown in USD ($)

Notes:
We received an unexpected $4,571 disbursement from company equity this month. Added $4,813.03 to Crypto this month (almost entirely funded by disbursement). All-in for $20,765.37. I'm pretty much at the max comfort level for what I'm willing to lose in the market, so I don't expect to contribute any more at this time. HELOC rate adjusted from 3.25 to 3.75% this month due to the increased Fed rate. $1300 taken out to pay for the remainder of boat repairs. Also probably spent another $1000 or so in parts/random crap to get the boat ready for summer. With that said, I'm in a weird "interim" period where I started my new job but not quite eligible for 401k, so the extra cash that'd normally go into my 401k is super helpful right now. When I am finally eligible, I'm going to increase my contributions to ensure I still max it out. 529: $55,137.03 FICO: 830 I also raised our home value to be more inline with the market (although still quite conservative, I think).

Notes:

We received an unexpected $4,571 disbursement from company equity this month.
Added $4,813.03 to Crypto this month (almost entirely funded by disbursement). All-in for $20,765.37. I'm pretty much at the max comfort level for what I'm willing to lose in the market, so I don't expect to contribute any more at this time.

HELOC rate adjusted from 3.25 to 3.75% this month due to the increased Fed rate.

$1300 taken out to pay for the remainder of boat repairs. Also probably spent another $1000 or so in parts/random crap to get the boat ready for summer.

With that said, I'm in a weird "interim" period where I started my new job but not quite eligible for 401k, so the extra cash that'd normally go into my 401k is super helpful right now. When I am finally eligible, I'm going to increase my contributions to ensure I still max it out.

529: $55,137.03
FICO: 830

I also raised our home value to be more inline with the market (although still quite conservative, I think).

Comments

5/20/2022 10:02:55 PM Appliedvalueinvestor
Curious how come your AGI did not grow, but instead actually dropped in the past decade being in computer programming..
5/23/2022 10:22:10 AM FatStacks
Two main contributors. 1) I worked for the same company for the last 9 years and salary was very stagnant (105k-->135k). Looking back on it, I can't believe I stayed that long. 2) In 2019 we finally started contributing more to 401k/HSA which dropped our AGI.
5/23/2022 10:32:13 AM FatStacks
I should note that from 2010-2019'ish my wife was a stay at home mom, so that 2009 AGI was high because it included both our salaries.
7/3/2022 12:33:00 AM slipperymodem
We have about that saved for our kids' college. They're 16 and 13.
7/24/2022 2:46:07 PM JayManC
Nice summary of your NW update. Thanks for sharing.
8/1/2022 12:43:57 PM FatStacks
@slipperymodem, Thanks for sharing! We're not too far off from each other. @JayManC, Thanks! It helps to look back and remember how/why we got to where we are.