Net Worth March 2016

The stock market is still a bit rough only gained $3,540.11 in our net worth although we saved $8k :-/

We decided to purchase Florida prepaid for our 3 year old daughter in February. The 2 year community college plan was about $6k cheaper than purchasing the first 2 years at a University, so no brainier we went with that option. We are planning to buy the next 2 years one at a time. Each year runs about $7,217 for her. I am hoping we will be able to pay for her 1st year at a University by the time she is 7 yrs old. Our son has $3,511 saved and he is 1 yrs old so hoping by the time he is 3 we can also buy his first 2 years of colleges.

Below is a snap shot of our income and expenses for January and February. We spent almost $5k on vacations that we will be taking in June and September. In June we are going on a Mediterranean cruise leaving out of Barcelona, Spain and in September we are taking our daughter to Disney Paris for her 4th birthday ­čÖé Super excited about both trips!

Note: Income/expenses is from January/February

financialHere is a quick snapshot of our March 1st, 2016 Net Worth

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April 2nd 2015 Net Worth

I can’t believe it’s Spring time! Man this year is just flying by and I can’t wait for the weather to get better! So our investments didn’t do too good but we are still working our way up to $150,000 which we should hit as soon as we get our tax return back. We are getting back $4,330 in federal and around $670 in state. We have decided to put all of the state return in my Roth IRA and the federal we are splitting among the kids college accounts. We’ll still have 2,330 after that and are undecided if we should add it to the house fund or to our car fund? Technically, the 2 CD’s we have which equal around $6,200 is for a newish car and I think we should add to that because in a┬ácouple of years when we move home we’ll need to buy one but on the other hand my husband thinks we should just add it to the house fund. Any suggestions?

april1st