Home > Archive: August, 2021

Archive for August, 2021

August Update

August 7th, 2021 at 02:34 am

Hard to believe that August is here and school is just around the corner.  I worked summer school (special ed, grades 1 and 2, in the RISE program (Reaching Independence through Strucuted Environment). It was overall a debacle - 20 days of understaffed classrooms with no access to curriculum and the bright idea that THIS was the summer to track IEP goals).  The only good thing about it is that I made enough money for a makeover of my fireplace - $330 for the tile and $970 labor.  

Our money life remains on autopilot since were mortgage free now.  SO's net salary covers all of our expenses in the following broad spending categories: $1,425 for all bills (utilities/insurance/HOA, etc), $1,025 for all living (groceries/gas/miscellany), $1,000 for property taxes on two properies, and $1,000 for Short-Term Expenses.  Our short term expenses for August so far have been $556 for an auto repair (I broke the axel on my 2012 Nissan Versa) and $400 toward travel for SO to go our to the West Coast to visit our daughter.  We have one dependent under 17, so we qualify for the $250 and that's going toward his back to school expenses and tuition.   Our other income (passive from rental property) is going to savings as well as any other money we make from property management for my father.  

Our net worth is somewhere arounde $650K.  Property values are $284K on the townhome and $290K on the rental property.  Our investments are at $100K.  My goal is starting in September to invest $3,000 per month.  We've accomplished a lot of what we wanted to for home improvements to the new place.  We will need to upgrade our vehicles though: one in a 2007 Honda Odyssey and the other is the Versa.

That's about all that is new here.