Ikeh89's Net Worth for May 2024


Assets Value Change ($) Change (%)
Cash $27,266 ($938) (3.33%)
Emergency Fund $15,214 $56 0.37%
Kids Savings $9,586 $46 0.48%
Stocks and Crypto $38,840 ($2,865) (6.87%)
TSP $106,302 ($2,841) (2.60%)
Vanguard IRA $72,725 ($1,726) (2.32%)
Home $225,000 $5,000 2.27%
Personal Property $3,800 $200 5.56%
Cars $41,500 ($250) (0.60%)
Silver $2,865 ($53) (1.82%)
$543,098 ($3,371) (0.62%)
 
Debts Value Change ($) Change (%)
SoFi Credit Card $3,192 ($992) (23.71%)
New Furnace $4,814 ($162) (3.26%)
Furniture $1,265 ($310) (19.68%)
Total Debts $9,271 ($1,464) (13.64%)
Net Worth $533,827 ($1,907) (0.36%)
*All values shown in USD ($)
Notes:
May 3rd Update: Been working on our fence and it is almost complete. I looked up the value of adding a fence and adjusted my homes value accordingly. Otherwise I don't like to change that number. Obviously the stock market and crypto market have been dropping so that was the significant mover for this month. My daughter, who is being homeschooled, graduated Kindergarten and has started 1st grade! To continue the brag on my 1st grader, her Granny sent $5 but instead of spending it she wanted in her savings so, and I quote my 6-year-old " I want it to grow so I have lots of money when I get older" Increased personal property because I bought some tools for building the fence.

This coming month we have the payment for car insurance for the next 6 months (in March it was homeowners not car insurance)

Debt info:
CC - Revolving paid in full every month
Furnace - 0% interest until October 2026
Furniture - 0% interest until October 2024

Silver Price (Oz): $26.78 (107)

Stock adjustments:
Sold:
NONE
Bought:
ATT

Comments

5/30/2024 8:48:20 AM BirdNole
Congrats on your success thus far. You are well on your way - keep grinding.
6/1/2024 12:08:40 PM jwxman
Hey, thanks for the comment on my May post. It's cool that you caught the "wx" part...as yes I am a meteorologist and have worked in the NWS for 20 years. Great to see a fellow Fed and former NWSer on here. Looks like you've been quite disciplined to buy your last house with cash! All my debt bumps are from buying progressively larger homes after about a year of being mortgage-free. You have pretty detailed notes for your updates. I should do more of that too. My big swings were from leveraged trading. Worked great for gains during the pandemic, but then I got caught being long treasuries when interest rates rose. Been more cautious since learning that expensive lesson. Keep up the saving!
6/2/2024 10:01:02 AM Ikeh89
@jwxman, Yeah man its been hard at times but being disciplined and being very focused on the "end goals" has been so key. My realtor struggled to understand why I wouldn't want to get a small mortgage for a bigger, better, newer home. My closing costs on my cash home were like 300-400 bucks versus with a mortgage it would be thousands, take longer to close and id owe interest, seems pretty simple to me. Anyway, good luck brother and keep on doing what you're doing because it's working.