August Net Worth Update

If you’re just joining, our family of four is on a three-year journey to double our net worth and become location independent so we can move. Each month(ish), I’ll keep you apprised of our progress. This year, we’ve got some major goals, including paying off our outstanding debt (car and apartment in Chile), replacing our roof, AND saving around $70,000. As of July, we were roughly 20% of the way to doubling our net worth.

We are now in September. School has started, my work has started, and we have weathered the transition pretty well, for being a week and a half in. I’ve focused on making our morning routine for school better, and so far it’s been great. Both our boys have focus medication they take, so I’ve started giving it to them right as they wake up. Then, it has time to kick in and they can actually get their clothes on, come down to eat breakfast, and get their teeth brushed without a zillion reminders, getting distracted with Legos, or staring off into space for half an hour. Better yet, I’m not yelling at them all morning.

August Net Worth Update--www.thethreeyearexperiment.com

That may sound like crazy talk to people who don’t have kids with attention problems, but it’s our reality. I was talking to a teacher this morning, and she (who also has ADHD) said she noticed the kids in her class whose parents yelled in the morning. “Anytime I raise my voice in the slightest,” she said, “they’ll reflectively wince, like they’re hyper-attuned to yelling.” I gulped. I’ve seen my kids do that in the past. Hurts my heart that I was yelling that much. But I’m so grateful that we’ve changed things up, and they’re taking their medicine earlier. They’re able to get dressed, get their breakfast, brush their teeth, and pack their bags, with minimal reminders. And they’re so proud of themselves. With zero yells and lots of “great job this morning!” It feels so awesome. So my fingers are crossed that our mornings keep going so well.

Summer flew by. August was a relaxed month. Each kid had one week of camp, and we spent our days outside, enjoying the summer, inside, putzing around the house, and visiting friends and family. I never wanted the summer to end, but it did, and everyone has reluctantly returned to a steady routine.

Each time summer ends, I’m reminded why location independence is so appealing. While we love routines, and I think we’d enjoy a routine in a new place, having the freedom to explore, visit with family, and plan our days in the moment is a beautiful way to live. Routine weighs us down. Summer lightens us up, gives us travel wings.

Water wings--www.thethreeyearexperiment.com
Summer gives you water wings… um, I mean, travel wings.

Speaking of wings, we booked our flights to Santiago this weekend. So we’re officially booked for South America during Christmas and New Year’s. We’re debating whether to AirBnB our house while we’re gone, as a way to earn some extra spending money for the trip.

August brought us a small up-tick in our net worth. Our Personal Capital Net Worth is actually showing higher than our own Excel spreadsheet, since Zillow has decided to increase the value of our house significantly in the last few weeks. I don’t know if it’s the new roof we put on or an increase in the local market (I suspect it’s the latter) but they’ve upped the Zestimate of our house by about 5%. I’m ignoring it, though, as I only update our house and car estimates at the beginning of each year.

Continue reading “August Net Worth Update”

July Net Worth Update

If you’re just joining, our family of four is on a three-year journey to double our net worth and become location independent so we can move. Each month(ish), I’ll keep you apprised of our progress. This year, we’ve got some major goals, including paying off our outstanding debt (car and apartment in Chile), replacing our roof, AND saving around $70,000. As of June, we were roughly 18% of the way to doubling our net worth.

August has arrived. The ThreeYear family has been reunited, after the boys and I were away for the month of July in North and South Carolina. New England has a decidedly cool, rainy bent this month and, to my utter frustration (repeated every year at this time), tops of the trees are starting to change colors, and little red leaves are falling down all over my driveway. “I’m not ready for fall!” I always think, but it is coming, nevertheless.

The month of July was fantastic, in terms of deepening family relationships and making lifetime memories. It was not fantastic in terms of spending less and saving more, as I’d hoped. Our income always drops in the summers, since I’m not teaching, and while we were away, we spent a lot more than normal on eating out. Plus, we had the other half of our new roof to pay for. Still, thanks to the bull market that just won’t quit, our net worth continued northwards.

July Net Worth Update--www.thethreeyearexperiment.com

 

Continue reading “July Net Worth Update”

June Net Worth Update

If you’re just joining, our family of four is on a three-year journey to double our net worth and become location independent so we can move abroad. Each month, I’ll keep you apprised of our progress. This year, we’ve got some major goals, including paying off our outstanding debt (car and apartment in Chile), replacing our roof, AND saving around $70,000. As of April, we were roughly 16.5% of the way to doubling our net worth.

It’s now mid-summer (sigh! can summer go a bit more slowly, please?). The junior ThreeYears and I are currently on a month-long road trip in the Southeastern US, visiting family, and Mr. ThreeYear just flew back to New Hampshire, having joined us at the beach for a lovely, sun-burned week.

June Net Worth--www.thethreeyearexperiment.com

Part of Mr. ThreeYear’s plans upon return will be overseeing the replacement of our roof. Unfortunately, our thirteen-year-old roof had defective shingles, and so must be replaced. For most of April and May, we priced out having new roofs put on, having previously exhausted our options of using the warranty (it was invalid since we were the second owners of the home) and seeing what the builders of our home would do (nothing). All over our little town, homeowner after homeowner is having to replace his or her roof earlier than expected because of this particular brand of defective shingles. Our freeze/thaw climate is very hard on shingles, and this brand did not pass muster.

That “little” purchase, which we’ve been saving for all year, and will cost, all told, $14,000, was big enough that our net worth was negatively affected. While we didn’t count the money we’d saved toward the roof in our net worth calculations, we did have to take some money out of savings, which meant our number dipped down, very slightly, from the month before.

Continue reading “June Net Worth Update”

February Net Worth Update

If you’re just joining, our family of four is on a three-year journey to double our net worth and become location independent so we can move abroad. Each month, I’ll keep you apprised of our progress. This year, we’ve got some major goals, including paying off our outstanding debt (car and apartment in Chile), replacing our roof, AND saving around $70,000. (Wow, that is scary to type all those goals out in one place). In January, we made some solid progress toward those goals, and got 7% of the way to doubling our net worth.

crazy snow--www.thethreeyearexperiment.com
This all melted a week later. No lie.

Ah, February. Month of heavy snowfall and rampant sickness Continue reading “February Net Worth Update”