When I relocated to the new apartment, very close to StartupVille’s offices, my girlfriend moved in with me.
I never would have guessed it, but best part about this development is we eat dinner together almost every evening. There’s something about good food and companionship at the end of the day that makes things feel right in the world.
After a few months, we realize it’s working out even better than we anticipated, and we start thinking about buying a home together. This means we’re suddenly interested in real estate, checking out open houses on weekends, gauging the market.
Toward the end of 2007, we’re close to making a purchase.
And life keeps rolling along.
Net Worth at Start: +265K
Net Worth at End (early 2008): +331K
- I took a vacation payout from FinancialCompany of three weeks, which amounted to about 6K of extra saving after taxes — a nice bonus.
- The S&P is very volatile this year, starting in January 2007 around 1400, peaking around 1550, and dropping back down to 1400 by Jan of 2008 — an approximate wash for the year. However, since we earned about 2% of dividends, we still had a net gain in the market this year of perhaps 5K.
- I contributed the max to my Roth IRA for the fourth consecutive year.
- I made about 96K this year (105K salary pro-rated over 11 months of employment.) I estimate that I took home 73-74K of this after taxes, and saved a touch over 50K between the Roth and my taxable accounts.
- I went January of 2007 without income.
- I didn’t make any 401(k) contributions this year. My new employer did not make any contributions on my behalf (i.e. no match) and I decided I wanted to hold more cash in preparation for a home purchase.
- It’s obvious that my net worth is not going up as quickly since I’m no longer receiving FinancialCompany’s ridiculous yearly payouts.