You may have noticed that it’s been two whole months since my last savings update. After a year of tracking monthly, I feel the practice required too much of my attention on the numbers. I’m in this for the long haul and I don’t want to spend so much time watching (and potentially worrying about) the normal fluctuations that occur when investing. So I’m taking a step back and will now update bimonthly to see how that feels.
Having changed jobs in December, I just made the call to roll over the old 401k into my traditional IRA (which is still in progress). I’m now contributing 18% to my new 401k and have added it to my accounts below. Overall, I’m down a bit from the beginning of the year. I am happy to report that I’ll receive a nice windfall in the coming weeks between my tax return refund and a bonus at work! Nearly all of that will be saved, but I’m still figuring out how to allocate that money.
Home value: $391,150
Current net worth: $310,994