January 2016 Net Worth


Well, we have completed the first month of 2016, and it’s time for the TOL’s favorite post…the Net Worth update!  This is the time where you get to see how much work we have (or haven’t) put in and how nice the markets were (or weren’t) to our bottom line numbers.  No lie, we were nervous about what the final number would be, even though we finished out 2015 with a great net worth gain.  Our thought was that the numbers would not be as good as we would like due to the volatility of the market.  A large percentage of our assets are tied to our retirement and brokerage accounts, and we all know what Mr. Market did during January!   Without further ado, here are the numbers… more “January 2016 Net Worth”

Financial Independence Milestones

MilestonesWhen the TOL’s are at our respective places of employment, we are usually given tasks, projects, or assignments to complete by our supervisors or bosses. These tasks are usually given with a deadline to have the task completed.  We find that the best way to complete a given task is to break it up into sections and as you complete the individual sections, we mark them off as complete and move to the next section.  To us these are called “milestones”, and we cannot move on to the next “milestone” until the previous one is completed.  When they are all met and checked off, we are then able to turn in our assignment to our bosses fully completed.

This is how we have decided to approach our road to financial independence. We are not relying on just a wish and a dream, but a detailed list of milestones that we check off that will notate our progression towards FI.  We can also pull this list up and look at where we have come from and how far we have to go.  I believe this will motivate us to stay the course and never give up.  Each time we are able to cross a milestone off the list, we know that we are one step closer to the independence that we greatly desire.

We have broken our milestones down into individual areas of our finances, social media and blog activity. more “Financial Independence Milestones”