Financial Update – March 2023

Background

Each month I will post an update on my finances to both give you, the reader, some insight into my situation and to give me markers of my progress on my financial journey. My updates include both spending and net worth.

  • Spending is divided into joint and individual spending. My husband gets $600 a month and I get $150 a month for our own individual spending as an “allowance” which go into our personal bank accounts.
  • I don’t include charitable contributions in our numbers below, but we allocate 10% of our post-tax income to this each year.
  • Our net worth goal tracked using undisclosed units of money. Our goal is to hit “Financial Equilibrium”, based on Thomas J. Anderson’s book The Value of Debt in Building Wealth. This is fairly close to our FIRE number.

Spending

Net Worth

Monthly Update

Lots of big expenses hit this month, including:

  • medical costs from baby’s delivery
  • replacing our broken gas stove with induction
  • local healthy meal delivery service to get us by while we’re time-strapped with a newborn
  • bunch of last-minute baby stuff and home goods shipped to our house

Right now I’m not really thinking about money— I’m more than happy to throw money at my problems. Whatever it takes to get sleep and just enjoy my maternity leave with Little Bub.

How was your March?

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