As of December 4, 2014, we are $14,000 in debt without a mortgage to speak of (yet). We currently have $536,285.88 in assets. Our investment accounts are at $423,630.36. Our Net Worth is $522,285.88, up from $504,813.87 last month (3.46% increase).
November was a relatively quiet month. We spent more than usual because we bought all our Christmas gifts (but it was only about $600 more than usual), but still quite low spending for us (yay no house!). We’re paying storage fees at the moment, and our mortgage plus “escrow” will be almost twice the storage fees.
Dad had his annual review a few days ago and will be getting a nice bonus and 2.something% raise. We might open a Roth for 2014 for him if our AGI allows us to. Or we might use it to fully fund our HSA at the beginning of the year. Dad doesn’t get to contribute to his HSA via payroll deductions, so we have to manually contribute after-tax dollars and then claim the deduction on our taxes. I’m debating on whether to contribute to the HSA his company uses (Optum bank) or open our own separate one for our contributions. We can’t get access to the investment options or documents until we open the account, and we can’t open the account until 2015 when we’re covered by the new plan – not that I’ve been able to find anyway. Anyone have an HSA “bank” they’re particularly happy with?
Debt (in the order we’re paying it down):
Line of credit (8.75%): $0.00
- Chase (4.99% for life): $ 0.00
- Student loans (aggregated 4.21%): $0.00
- Car loan (0%): $14,000 (-500.00)
Mortgage (4.125%): $0.00
Total paid off in November: $500