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Showing posts from July, 2025

Update on 2025 Goals

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  1. Pay mortgage down to under $120k. I currently owe just over $135k I am paying an extra $500 a month on my mortgage. I also hope to get a bigger year end bonus and apply a portion of that to the mortgage this year.  I am now down to $124,000 and something (need to find the exact number) on my mortgage. 2. Increase contribution to 401k to 10% from 8% I currently am contributing 8% of my $168k salary. I expect a 5% raise to $176k. I will increase my 401k contribution to 10% of my new salary.  My raise was to $175K. I increased my 401k contributions to 10%. 3. Increase savings account (Marcus) to $50k, currently at approximately $40k  I've always had anxiety over job loss. I hope to keep a $50k savings account for my emergency fund and household expenses.  My savings account is over $50k now. 4. Max out Back door Roth Contributions Complete! 5. Lose 30lbs Ugh! 6. Read 12 books I need to get a count on books read. 7. Take one trip Done! My friend paid for everyt...

Net Worth Update July 2025

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   Here's where the numbers stand. Savings $5,172 Ally Savings Account (The roof and the hot water heater has been replaced!) $50,411 Marcus Savings Account   $93,196 Retirement- Roth IRA  111,558 Taxable Brokerage (Retirement) $23,234 Former Employer 401k $24,982.23 Current Employer 401k $15,000 Private Investment  $5,000 Private Investment  $25,697 Bank Account  Home- $434,300 per zillow               Total (not including home): $354,250               Total (including home): $788,550 Liabilities- Mortgage $126,197                                  Total (not including mortgage): $0                     Total (including mortgage): -$126,197           Total Net Worth(not including mortgage/home...