This past year I decided to try something new. I had read that I could be more focused if I just chose one goal and really bore down on it for a whole month. It sounded interesting and logical. It sounded like I would get more, deeper work done.
It’s net worth update time. When I first posted my net worth out for the world to see, I wasn’t so sure how I felt about it. I’ll be honest I’m still a bit paranoid about the whole thing. It’s probably not a surprise that I feel like I am leaving myself a bit exposed.
While I am not sharing my net worth here monthly I do track it regularly. Finally, I decided that giving a yearly snap shot was probably not so bad. (& since Mr. Roamer is on board, then all engines go)
It is officially 2017 and it’s time to use that new years motivation to tackle exciting tasks.
This month the Roamer clan is participating in the Frugalwood’s Uber Frugal month challenge. When Mrs. Frugalwoods first mentioned it, I was intrigued. But because we are trying our hand at travel hacking. Or credit cards rewards, I wasn’t sure we would be participating. Our 3 month deadline to meet spending is Jan 14. That is 14 days, where we would be more worried about spending rather then saving.
I’ve wanted to travel the world for a long time. Now, I am finally taking steps to make that a reality. I am very excited about next year’s 3 month adventure. But I remember when I was in high school and learned about this wonderful thing.
A speaker came to my high school, and informed me that I could go to school, work on my degree. Then a year or two later, take time to go to a different country and visit, all while continuing to work on my degree. Say what? That is amazing! I was sold! And I have to admit that it was one of the main reasons why I wanted to go to university.
But life happened, and I never got the chance to live out that dream. So I never research how to even fund it.
Still, travel and the lure of exploring other cultures never left me. Now I’m here with 2 kids and a husband planning an international trip.
Still I know there are lots of people out there who still have a chance to study abroad. So today we have a guest post from Andrew of ScholarshipFly.com. Andrew’s site is a great resource for anyone wanting or needing scholarship information. Study abroad or just normal school funding.
After that amazing feature on Rockstar Finance and all the eyes that viewed my post about Big Savings and Happiness. I thought I should shed some more light on the details. You can get a general idea by looking at our yearly spend but I’m getting really detailed here.
Maybe your a Californian and your jaw dropped by last years numbers. Its California! it’s super expensive! Or maybe you live in the Midwest and still are spending more then us.
How do we do it? Well, we do a lot of things the common American does. Like watch movies, and more movies. But we have a few areas where we are very different. Here’s the list of things we don’t spend money on. This doesn’t mean we never, ever, ever spend money in these areas but it means that they are not monthly fixtures in our budget and when we do spend on it is rare. Continue reading What we don’t spend on, and how it maximizes our Saving Potential→
So it’s about time for another net worth update. When I first posted my net worth out for the world to see, I wasn’t so sure how I felt about it. Being transparent about you financials is a bit Taboo. It’s probably not a surprise that as the sharer I feel like I am leaving myself a bit exposed.
While I am not sharing my net worth here monthly it is something I keep and eye on. I decided that I felt that giving a yearly snap shot was probably not so bad. But I am running behind as these snap shots should be coming out during January. While I didn’t get the post out I did make sure to record my stats.
So in this post I will be sharing the growth we saw in the 12 month period since the last net worth post.
Also before putting this post out there I wanted to talk about our savings. Now that I’ve finally posted how much we saved last year I can finally share our new net worth. So if you haven’t read about our savings I highly recommend you head there first then come back here. Read about last years savings at Big Savings & Happiness: Can you have both?
Today we are already in May and that means this year is almost half over. Time seems to run right through our fingers so making big changes can seem so daunting. But a lot can change in just one year if you put your mind to it. That is the story behind our net worth growth.
I stared at the stack of 18 papers in front of me.
What am I going to do?
Maybe 18 pages doesn’t sound that scary, but think about it this way. If you had to read and 18 page medical journal and then present on it to prove that you understood it, well I’m sure your probably feeling overwhelmed right now too.
That’s what it is after all to most people. Ask them to read a 401K rollover document from their 401K provider and you might as well tell them to go rent a physics book from the library. Not only do they have no interest in reading on the topic. It’s also seen as so high level that you’re intimidated before you even start.