For 2024, I completed all of my goals save for the savings goal. For the last few months I had to pause savings as I was spending so much money due to the new home & move.

I did not get my eye surgery this year & I am expecting to have a surgery for my fibroids so some of my FSA money will probably go towards that. I will reassess having eye surgery. I got contacts, but I am not happy with them yet.

2024 Goals:

$23,000 TSP ✅

$6,000 TSP employer match ✅

$7,000 IRA ✅

$6,000 brokerage ✅

$12,000 savings ❌

$2,600 FSA (to fund my vision surgery) ✅

My Net Worth increased by $316,569 in 2024.

2023 Net Worth $1,489,227

2024 Net Worth $1,805,796

TSP $1,274,564

IRA $368,934

Brokerage $8,447

Investments Sub-total $1,651,945

Savings $14,851

Home Equity $139,000

December 2024 Net Worth Total $1,805,796

November 2024 Net Worth Total $1,858,899

Monthly Loss/Gain -$53,103

Other Assets:

Car $11,000

Checking $4,071

Wishing you and your loved ones a happy, healthy, and prosperous 2025! 🎇 🎆 

I am currently in Maryland as my sister had surgery yesterday, but when I get home I will post my December 2024 Net Worth entry, as well as my 2024 Year End review.

Happy New Year! 2024 was good to me, despite health challenges for myself and my mom, who spent a month as an inpatient between the hospital & rehab. I have great expectations for 2025. 

My financial goals for 2025 have not changed much. I am readjusting my budget & cash flow after building my home.

1. Max out TSP: $23,500

2. Max out Roth IRA: $7,000

3. Max out FSA: $3,300

4. Contribute $500 monthly to brokerage: $6,000

5. Begin to replenish my savings re-starting with $100 monthly contributions: $1,200

6.  Rebuild cash cushion in checking to at least $10,000.

7. Automatic contributions to church & charity. 

8. My TSP match will be $6,300.

Total Investments $1,629,864

Savings $20,931

Home Equity $138,700

September 2024 Net Worth $1,789,495

August 2024 Net Worth $1,760,970

Monthly Gain/Loss $28,525

September was so very expensive: moving, new home, new furniture, a lot of home supplies & services purchased. I'm looking forward to settling into a more normal or routine schedule as far as expenses goes.

Good Morning and Happy July! It's been over a week since I've seen the house. I'm headed there this morning for doctor appointments and will stop by to see the updates. I'm antsy to see whatever progress they've made. I don't get nearly enough pictures. 🏡 

TSP $1,169,909

IRA $342,831

Brokerage $4,946

Investments Total $1,517,686

Savings $138,710

June Net Worth $1,656,396

May Net Worth $1,624,404

Monthly Gain/Loss $31,992

Checking $13,428

Car Value $10,000-16,000

TSP $1,146,260

IRA $337,601

Brokerage $4,305

Total Investments  $1,487,166

Savings $137,238

May 2024 Net Worth $1,624,404

April 2024 Net Worth $1,549,558

Monthly Gain/Loss $74,846

Checking $13,490

Car Value $10,000-16,000

I decided to cash out the majority of my brokerage account. I sold $100k of $103k. This is my house down payment so I wanted to put it somewhere stable. This plus the $35k I had saved in savings will be my house down payment. If my mom can afford to give me the $25k that will push it up to $160k, but I'm not relying on it after her medical bills starting coming in.

TSP $1,093,655

IRA $321,527

Brokerage $98,438

Investments $1,513,620

Savings $35,938

April 2024 Net Worth $1,549,558

March 2024 Net Worth $1,612,782

Monthly Gain/Loss -$63,224

Checking $10,779

Today is Good Friday and the markets are closed. I can update my investments, but will have to wait until Monday to add my savings & cash, and calculate my total monthly gain.

TSP $1,141,985

IRA $333,541

Brokerage $102,440

Investments $1,577,966

Savings $34,816

March 2024 Net Worth $1,612,782

Monthly Gain Loss $53,939

Checking $19,155

My brokerage account is earmarked for my downpayment on my home, which is scheduled to be completed 6 months from now. I'm glad to have 6 more months to accumulate savings. I know they say that a downpayment shouldn't be invested aggressively, but I don't want to pull the money prematurely.

TSP $1,103,630

IRA $322,758

Brokerage $98,764

Total Investments $1,525,152

Savings $33,691

February 2024 Net Worth $1,558,843

January 2024 Net Worth $1,481,220

Monthly Loss/Gain $77,623

Other Assets:

Checking $19,386

Car $10,575-16,372 (estimates)

I added my VIN to Monarch & got a vastly different car value than the one estimated from Credit Karma. Interesting. I really don't look at my car like true asset, but it does have value. However, if I had to replace my car I'd definitely be out more money. 

I am sticking with Monarch. Mint was free, but I paid $50 for the year. I think it's worth it. I think it's the closest to replicating what Mint was. Still keeping Credit Karma as well.

Piling up cash as I really get serious about looking at houses is a big priority. I want to be back in my hometown by Christmas. So if I'm building I need to start soon.

Of course, I owe money again this year. I think my former part-time employer did not take out enough in federal taxes. Since we transitioned to the new company this year I can see that my federal taxes paid has increased. Hopefully, I won't owe as much next year.

I did move from the 22% marginal tax rate bracket to 24%.

Federal tax bill $2,941

State tax bill $694

Total owed $3,635

Thankful for the surplus I always seem to accumulate in my checking accounts. It will come in handy.

Investments $1,448,641

Cash Savings $32,579

January 2024 Net Worth $1,481,220

December 2023 Net Worth $1,470,019

Monthly Gain/Loss $11,201

I don't include the below in my net worth.

Checking accounts $17,979

Car value $11,000

My 2024 pay has posted & we received a 4.7% raise. This translates into $5,456 for the year, $2.61 per hour, and $208.80 biweekly. I will receive a step increase in June. That increase will be another $1.77 raise per hour. I'm always grateful for whatever increases I receive. I have already increased savings & contributions for the year so there are no plans to make any further increases.

At the end of December I had about $19k in my checking account, which is about double my goal of $10k. So I decided to up my savings goal to $1000 a month from $500. I continue to end up with more money in my checking account at the end of the year than I need. In 2022 I did a transfer to my brokerage account at the end of December. Since I'm looking to buy or build a home this year I'll keep that money & just increase my monthly contributions. 

Now my revised goals look like:

$23,000 TSP

$6,000 TSP employer match

$7,000 IRA

$6,000 brokerage

$12,000 savings

$2,600 FSA (to fund my vision surgery)

Investments $1,438,561

Savings $31,458

December Total $1,470,019

November Total $1,388,506

Monthly Gain/Loss $81,513

Not included, but worth mentioning. Checking accounts were $19,208 total & car value at lowest estimate is $11k. This puts me at $1.5 million net worth for the first time.

2023 Q4 is done for the year:

TSP $1,040,872

IRA $306,280

Brokerage $91,409

Total Investments $1,438,561

For comparison, 2022 Q4:

TSP $810,864

IRA $243,949

Brokerage $79,994

Total Investments $1,134,888

ANNUAL Gain/Loss $303,673

A few this and that as the year comes to a close.

I upped my monthly IRA contribution to $575 per month, which would bring my annual contribution to $6,900 annually. I'll put in an order for $100 on January 1st to get me to $7,000.

I increased my biweekly TSP contribution to $900 which will max me out for the year at $23,000. They reduce the last paycheck's contribution automatically.

Based on tax efficiency I got out of the high dividend yield fund at Vanguard and exchanged to the tax managed capital appreciation fund. VTCLX return was much better than VHYX this year. I could kick myself for not making this change earlier, but c'est la vie, non?

My last paycheck was about $800 higher than usual so I must have been paid for my performance award. My other paycheck was higher as well after working extra hours on my last weekend.

I'm excited & ready for 2024, but enjoying time spent with family this Christmas.

Yesterday my Thrift Savings Plan balance crossed $1 million for the first time. $1,001,824.87 to be exact. 

My Roth IRA balance is $295,011.92. If this holds steady I can expect to cross $300k next year. 

I signed up again for YNAB. I had done the free trial back in 2016 or 2017 and was throughly confused so after the free trial I let it go. I've been looking for something to replace Mint & signed up for Credit Karma, but I haven't been impressed. I have an account with Empower, but don't care for how they are always trying to sell me their services. I guess that's fair since the service is free. They have to make their money some way. So, I decided to try YNAB again and to my surprise I qualified for another free trial. So far, so good. I feel like they've improved some things as I'm not quite as confused as I was last time. There's still a learning curve, though.

Contribute $23,000 to my Thrift Savings Plan. My match will be a little over $6,000. 💰

Contribute $7,000 to my Roth IRA. 💰

Contribute $2,600 to my Flexible Spending Account. 💰

Save $6,000 in my brokerage account. 💰

Save $6,000 in my savings account. 💰

Buy or build a new home with $100,000 down. 🏡 

Keep dancing! 💃🏾 

Cherish every moment & memory made. 💗

One of my CDs pays the monthly dividend on the 1st so I'm always a day late.

TSP $980,827

IRA $290,549

Brokerage $86,295

Total Investments $1,357,671

Cash Savings $30,835

Total Net Worth $1,388,506

Monthly Gain/Loss +$117,446

Checking $16,841 (included this month just to give an idea of what I usually have for cash flow, not included in my net worth calculation)

Car $15,062 (checked Kelley Blue Book value this morning, also not included in my net worth calculation)

My investments gained another $14,000 just one day later. I'm less than $9,000 away from reaching one million in my TSP. So close!

I had an alert set on my phone to open another CD at Capital One today, but have been thinking that I would just keep it liquid while looking for a house. I have two CDs maturing on January 2nd and February 1st and those are both set to transfer to savings rather than renew. That will give me a nice cushion for the new home purchase. Also, I checked rates this morning and the 5.30% 10 month CD is now 4.30%, which is what their savings account is paying. I can go to 12 months for 5.00%, but I think it's better to hold on to cash.

Net worth looks great for November. I'll post final numbers today or tomorrow. Investments are almost to July 2023 numbers. I have exceeded the high of 2021 Q4, but only because of added contributions. I am on track to max out my retirement plans.

When my auto insurance renewed in Septmember my rate was raised by 30% with no changes to my driving record. I know that USAA has never been cheap, but this rate is almost triple what I get when I look at Geico or Progressive. So after 23 years solely with USAA I am thinking about leaving them. Who do you have auto insurance with and what do you think about their service?

October was not a good month financially, but I had a lot of fun. I vacationed in Napa Valley & Lake Tahoe. I got back to dancing again with salsa & bachata lessons. I walked regularly. I lost weight. I looked at future homes. I still worry & pray about my mom, but I had more to sustain & relax me.

Investments $1,240,842

Cash Savings $30,218

Total $1,271,060

Monthly Gain/Loss -$35,869

My net worth dipped below $1.3 million, but I'm not worried.  I don't know what the markets will do short term, but I have faith in investing long term. Next month I will have another $10,000 to ladder into a CD. Capital One is paying 5.3% for a 10 month CD. And my checking account is paying 5.25%.

Investments $1,277,331

Cash Savings $29,599

Total $1,306,930

Monthly Loss/Gain -$55,424

Quarterly Loss/Gain -$33,096

July was such a promising month, but it's been downhill since then. At least the interest rates on savings is paying a little more. I may lock in some more money in CDs before interest rates start dropping.

I charged the balance owed on my vacation next month to my American Airlines credit card. I wrote & mailed a check, but somehow they also debited my checking account. So o paid twice. Rather than wait on a reimbursement check I'm just going to switch all my credit card purchases to this credit card. I also charged a couple of Trader Joe's grocery runs to my new Kohl's Capital One card in order to get a $15 credit promotion. 

I also started to use my debit card on my new chocking account so I'll start earning 5.25% interest.  I'm trying to be smarter about taking advantage of all promotions & interest requirements.

Not much to say about the stock market. I hit my high July 31st & it's been down since then. Oh well.

Looks like my cash surplus will be double what it was at the end of last year so I'm starting to think what I should do with it. Fully fund my IRA in January or pad my home down payment? I could do both actually.

I am looking forward to Napa Valley & Lake Tahoe. Flights & hotel have been booked. I booked the rental car yesterday. Now just to reserve the wine train.

For those that have been to either destination, what did you enjoy doing?

The 18 month CD rate at Capital One is now 5.15%. I don't know if I want to lock up my cash right now as I think about buying a home, but it's very tempting. I don't quite have the $10k that I like to have as I ladder my CDs. I'm at right about $8k. If they still a have this rate at the end of the year I may consider the longer term. Right now I have two 11 month CDs at 5.0%.

July is shaping up to be an expensive month, but I am enjoying myself. I had my trip to NYC earlier this month, I attended an Alicia Keys concert this Sunday, and I just booked a trip for October to Napa Valley & Lake Tahoe yesterday. I'm really looking forward to it. 

Since the laboratory where I PRN at may be bought out by the end of the year, I may not have a second job beyond December. That is fine by me. I will have more time to visit home. I have started to look at new homes being built. I supposed I should also look at existing homes, but I am excited about the idea of picking out just what I like in my home. My lease ends in one year so I would like to time my next move around the end of my lease.

I really want to encourage my parents to get a house cleaner at least every two weeks. My dad has so much on him as caregiver. I will bring it up this weekend. I might have to call in the troops (my sisters) for support.

My investments & net worth are at an all time high of $1.361 million and $1.429 million respectively. I just want to see $1 million in my TSP. Just once, even if it doesn't stay there. I am at $982k so I'm close.