By The Numbers
Comparison By Age
($75,726)
$4,287,338
Comparison By Occupation
$79,422
$5,510,000
Comparison By Education
($158,649)
$6,637,900
Comparison By Salary
($69,386)
$5,616,600

mrmoney2's Profile

Date Joined
3/1/2018
Salary Range
70,000 - 79,999
Occupation
Government
Age Range
35-39
About Me
Completed a Bachelors degree in 2007 (General Business) Completed a Masters degree in 2013 (Public Administration)
Why I Joined
Track my networth as Networth IQ is not working so well. Keep statistics on my savings behavioral patterns.
Best Financial Decision
I took a position running my Fraternity House in 06/2007 that has allowed me to live rent free and utility free up until 08/2013. I left this position in the middle of August 2013. While doing this I realized my potential to save heavily for my retirement. I also began modestly saving for another vehicle (for when mine dies) and a house for the future. This position has enabled me to finally max out my TSP government retirement (similar to a 401k plan) in 2010 as well as max out my Vanguard Roth IRA for 2011. I began contributing into my government TSP account is 07/2008 and maxed it out in 2010 at $16,500 with a 5% matching. I opened a Vanguard Roth IRA in August 2009 and I started maxing out Roth IRA at the $5000 limit as of 2011. As of 2013 the Roth IRA contribution limit was increased to $5500, which I have been maxing out in contributions. I was saving for a house but my fiancé purchased one in 2015 and I am assisting in the mortgage payments (we will be marries 06/30/2018). I am currently saving $114 for another car (even though mine works fine) so I can pay almost the whole cost of the car rather than take an automobile loan out. I did this when I bought my current car in 05/2015. Also I paid off my student loans within 9 months (November 2007 to July 2008) as not to have any long-term debt! I am also prepay my car excise tax every year to get a 2% discount from the town. I pay my car insurance in full every 6 months to receive a very large discount.
Worst Financial Decision
Not opening up a Roth IRA while I was in college.
Current Investing Strategy
SAVE, SAVE, SAVE! Save all change and roll it! Return bottles for the redemption money!
How do you manage your finances?
On a bi-weekly basis utilizing 32 different bank accounts while using my credit cards solely for their financial benefits and cash back discounts.
What tools do you use?
I use Mint.com and net worth calculator from Personal Capitol (www.personalcapital.com) now to get a daily numbers rundown!!!! Online bank accounts (separate long and short term funds with different bank accounts), managing my budgets and allocation of money on paper (yes with ink and paper, will start using excel one day), and almost daily or every other day analyzing my credit card statements, TSP and Vanguard statements, and bank accounts.
I need financial help with...
Managing money with my spouse once I get married. This will be a little more challenging.
Favorite Authors
Authors of "The Millionaire Next Door", Garrison Keillor (Host of A Prairie Home Companion radio show)
Favorite Books
Nineteen Eighty-Four, Fahrenheit 451, and Casino Royale
Favorite Movies
1984, Fahrenheit 451, and Catch Me If You Can, Awakenings
Last Login
7/17/2018
Net Worth Entries
2018 - July $375,148 $2,508 $372,640
2018 - June $377,643 $20,526 $357,117
2018 - May $367,162 $2,587 $364,575
2018 - April $364,338 $3,051 $361,287
2018 - March $361,790 $2,347 $359,443
2018 - February $362,661 $886 $361,775
2018 - January $368,584 $439 $368,145
2017 - December $354,061 $803 $353,258
2017 - November $346,858 $1,406 $345,452
2017 - October $339,321 $862 $338,459
2017 - September $332,711 $682 $332,029
2017 - August $324,123 $1,470 $322,653
2017 - July $324,731 $1,012 $323,719
2017 - June $320,242 $965 $319,277
2017 - May $316,224 $2,520 $313,704
2017 - April $311,958 $1,753 $310,205
2017 - March $305,109 $1,730 $303,379
2017 - February $299,851 $1,576 $298,275
2017 - January $301,067 $2,017 $299,050
2016 - December $292,777 $2,137 $290,640
2016 - November $286,345 $2,082 $284,263
2016 - October $281,771 $2,103 $279,668
2016 - September $283,856 $691 $283,165
2016 - August $279,941 $968 $278,973
2016 - July $276,975 $628 $276,347
2016 - June $266,252 $684 $265,568
2016 - May $265,938 $836 $265,102
2016 - April $264,971 $752 $264,219
2016 - March $261,026 $425 $260,601
2016 - February $246,776 $47 $246,729
2016 - January $245,536 $103 $245,433
2015 - December $250,100 $439 $249,661
2015 - November $251,778 $550 $251,228
2015 - October $249,983 $512 $249,471
2015 - September $236,285 $427 $235,858
2015 - August $241,952 $445 $241,507
2015 - July $252,715 $1,372 $251,343
2015 - June $246,170 $2,013 $244,157
2015 - May $255,060 $7,900 $247,160
2015 - April $249,648 $311 $249,337
2015 - March $244,451 $396 $244,055
2015 - February $243,263 $233 $243,030
2015 - January $232,455 $249 $232,206
2014 - December $230,692 $798 $229,894
2014 - November $230,355 $377 $229,978
2014 - October $224,923 $583 $224,340
2014 - September $219,283 $434 $218,849
2014 - August $220,163 $236 $219,927
2014 - July $211,819 $898 $210,921
2014 - June $212,263 $361 $211,902
2014 - May $205,734 $479 $205,255
2014 - April $203,213 $435 $202,778
2014 - March $199,588 $265 $199,323
2014 - February $196,657 $381 $196,276
2014 - January $187,000 $607 $186,393
2013 - December $187,356 $1,396 $185,960
2013 - November $181,343 $603 $180,740
2013 - October $176,645 $599 $176,046
2013 - September $167,383 $944 $166,439
2013 - August $160,563 $1,410 $159,153
2013 - July $159,991 $1,019 $158,972
2013 - June $149,202 $521 $148,681
2013 - May $151,216 $663 $150,553
2013 - April $147,114 $471 $146,643
2013 - March $142,403 $2,144 $140,259
2013 - February $133,538 $881 $132,657
2013 - January $130,791 $571 $130,220
2012 - December $128,862 $494 $128,368
2012 - November $124,199 $414 $123,785
2012 - October $119,903 $337 $119,566
2012 - September $117,295 $617 $116,678
2012 - August $111,572 $138 $111,434
2012 - July $110,478 $688 $109,790
2012 - June $106,965 $245 $106,720
2012 - May $102,217 $638 $101,579
2012 - April $106,208 $389 $105,819
2012 - March $103,996 $1,013 $102,983
2012 - February $96,799 $585 $96,214
2012 - January $94,736 $926 $93,810
2011 - December $89,554 $276 $89,278
2011 - November $87,167 $370 $86,797
2011 - October $84,187 $269 $83,918
2011 - September $76,604 $424 $76,180
2011 - August $81,028 $498 $80,530
2011 - July $82,562 $335 $82,227
2011 - June $80,686 $358 $80,328
2011 - May $80,251 $342 $79,909
2011 - April $79,303 $305 $78,998
2011 - March $73,286 $417 $72,869
2011 - February $68,667 $600 $68,067
2011 - January $65,175 $300 $64,875
2010 - December $61,123 $182 $60,941
2010 - November $57,779 $22 $57,757
2010 - October $56,518 $165 $56,353
2010 - September $51,715 $48 $51,667
2010 - August $46,111 $246 $45,865