
Well, we finally made it through fog of August and came out over $1.4MM officially. The stock vest I referenced in the last net worth update recovered almost $10/share by the time the actual vest event occurred, which was thrilling. My strategy is, and has always been, to sell immediately upon vest (as in – I wake up at 7:15 am on vest day, pick up my phone, and immediately sell all eligible shares before I do anything else) and this month was no different. This time, I had a little regret, as our stock price continued to climb about $4/share within the next couple of days, but I didn’t regret it last vest month when our stock took a beating in the weeks that the trading window was open, so it balances out. You win some, you lose some.
| Category | September 2024 | Change |
|---|---|---|
| Savings | $132,859 | +4% |
| Investments | $384,782 | +2.4% |
| Cars | $55,231 | -0.6% |
| House | $599,419 | +0.4% |
| Retirement | $582,357 | +3% |
| Mortgage | -$353,833 | -0.2% |
| Credit Cards | -$743 | -21% |
| Car Loans | $0 | 0% |
| Net Worth | $1,400,072 | +2.6% |
| Invested Assets | $967,139 | +3% |
Every month, I pay off a proportionally bigger chunk of that 0% credit card promo, and every month, I become more and more tempted to just get rid of it. I’ll hold fast, though, as it will be paid off by December, freeing up that cashflow in time for the dark gap between the new 401k/IRA limits on January first and the February 28th paycheck that has my yearly raise attached to it.
With this stock vest, I refilled some of our vacation bucket, I fully filled our Christmas spending bucket, and I shuffled some money into and then immediately out of our car repair bucket when my car needed new tires. I save $5000/year for repairs for our three cars and while that’s normally plenty, this year our daughter’s car has had a series of not ruinous but also not particularly cheap issues that had to be addressed. This month, one of my goals is to start putting money back into the car repair bucket and hopefully keep it there.
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