Net Worth Comparison

Ikeh89's Profile

Currency
United States Dollar - USD
Date Joined
12/16/2020
Salary Range
80,000 - 89,999
Occupation
Government
Age Range
30-34
Cost Of Living
High Cost Of Living (HCOL)
About Me
Federal Employee. Married w/ Kids. Just trying to get by!

Goals:
07/2023 - Reach 1 million dollar total net worth by January 1, 2033
02/2024 - Reach 1 million dollars in my TSP account by January 1, 2040

Milestones:
01/2024 - $500K net worth (34-me/28-wife, years old)
02/2024 - $100K in TSP Retirement (87 months since opened)


Salaries: (Mike+Wife)
Started with NWS
2016: 35K+20K
2017: 42K+25K
2018: 47K+50K(Wife got new job)
---Moved & Switched jobs--
Started with FAA-Wife decided to stay at home.
2019: 50K
2020: 78K
2021: 81K
2022: 84K
2023: 89K
---Moved & Switched jobs--
Started with DoD
2024: 86K
Why I Joined
Compare and track. I also use Personal Capital, but due to dual authorization and security of banking sites, its getting harder to use without hassle.
Best Financial Decision
Invest. Invest. Invest. I started investing small amounts at 18. But started really heavily investing at 26.
Worst Financial Decision
When I bought my house with a VA loan I paid extra to buy a lower interest rate, then refinanced anyway 1 year later.
Current Investing Strategy
Invest in TSP and Roth IRA. I also have a little bit in crypto. But as I am 33, I'm >90% Stocks, Aggressive Growth.

January 1, 2024 - I'm at 9%(5% Traditional, 4% Roth) of income in my TSP, also getting a 5% match. I have paused my Vangard IRA investing ATM.
How do you manage your finances?
I follow the Baby Steps, Currently on Steps 4-5-6.
What tools do you use?
Personal Capital, Excel
I need financial help with...
Future Prospects, Plan for the future, Taxes
Favorite Authors
Dave Ramsey, The Money Guy Show, Caleb Hammer
Favorite Books
Total Money Makeover, Everyday Millionaires, Smart Money Smart Kids, Strong Fathers, Strong Daughters
Reading List:
07/11/2023 - The Landlords Troubleshooter
Website
https://www.sofi.com/invite/money?gcp=b1160b9e-012b-4436-a42c-e7edfdcc2905&isAliasGcp=false
Last Login
2/22/2024
Budget
View Budget
Net Worth Entries
All values shown in USD ($)
2024 - February $521,517 $9,635 $511,882
2024 - January $522,844 $15,439 $507,405
2023 - December $512,675 $18,875 $493,800
2023 - November $495,234 $18,734 $476,500
2023 - October $480,962 $8,463 $472,499
2023 - August $619,917 $151,613 $468,304
2023 - July $607,094 $152,855 $454,239
2023 - June $593,049 $154,787 $438,262
2023 - May $586,725 $152,584 $434,141
2023 - April $527,582 $156,134 $371,448
2023 - March $519,533 $157,941 $361,592
2023 - February $519,239 $159,834 $359,405
2022 - January $549,871 $200,000 $349,871
2021 - January $485,047 $225,000 $260,047
2020 - January $449,197 $240,000 $209,197
2019 - January $161,559 $0 $161,559
2018 - January $106,424 $0 $106,424