Find the most recent net worth posting here.
My long-term goal is to be some what financially independent by the age of 43. This doesn’t mean we wont work it just means we can choose what we want to do for a living instead of letting our finances dictate our careers.I plan to do this by paying for our home in cash. My husbands current job causes us to move often so it doesn’t make sense for us to buy a home at this point in our lives. My short-term goal is to increase our net worth by at least 25k a year for the next three years.
We just recently moved so my budget isn’t exactly perfect yet but this is the breakdown of my current savings goals.
Husbands Roth $270 UPDATE** November increased to $300
My Roth IRA $100
House Fund $1,000
Stock market $100
Kids College $60 UPDATE** November increased to $30 for the 2 younger kids and $60 for the oldest
That will bring us to around $18000 of savings in 12 months and our goal is 25k so we may need to adjust and also hope the market does well. ***Bringing the savings to $19,200
Mid-October Net Worth
- Assets
Checking $1,543
Emergency Fund $14,807
House Fund $58,796
College kid #1 $5,305
College Kid #2 $5,740
College Kid #3 $498
CD’s $6,194
Stock’s $10,362
Roth IRA $7,137
Roth Spouses $17,737.21
Total $128,119.21
- Liabilities
Credit Card -$1,378
Total Assets $126,741.21
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