The Horizon's Monthly Savings-May 2018

Updated: Jul 8, 2018

Percent Total Monthly Income Saved: 205.9%



Monthly Contributions:

Tax Advantage Account Savings (401K + employer match, IRA): $14,501

Brokerage Account Savings (Vanguard Index Funds, Betterment, Lending Club): $7640



Monthly Piggy Bank Growth: $25,079



End of Month Percent to Final FI Goal: 16.1%



Monthly Successes:

This month Mrs. Horizon finally rolled over an old 401K that wasn’t accounted for last month. Mr. Horizon closed a CD and invested it in index funds. This explains the ridiculous numbers this month! We also went on a relatively inexpensive backpacking trip (more to come!).


Monthly Shortcomings:

We realized that we have been overpaying for insurance this month. We are investigating new options so that we can change over in the next few months. Mr. Horizon got the pleasure of taking a defensive driving course… that we had to pay for of course! Once again, eating out wasn’t good for us this month but we are continuing to focus on this shortcoming.


Comments:

Once again, May was also a strange month for us. We moved some old accounts around to align with our goals which created a larger jump than normal. We also got an accepted offer on a house! So we are expecting that to impact savings rates over the next few months. Maybe sometime soon we will have a normal month on the books…


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Crossing the Event Horizon

mrandmrshorizon@gmail.com