Income Report

June 2018 – Detailed Financial Report #42 – Net Worth $806,918 | Income $41,466

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Reading Time: 10 minutesWow, June was a doozy of a month. I felt like I traveled all around the world in 30 days. That might be a bit of an exaggeration but I did travel for half the month. I made it to Toronto, San Francisco, New York, Lake Mead, and Dana Point. The good news is Mrs. GYFG was with me for three out of the five trips and on those we got to really relax. I got bored on one of my flights and decided to pay an extra $5,000 towards the principal balance on our mortgage. You have to love being able to get Wifi from 30,000 feet up in the air. A few short days later I was walking …

Income Report

May 2018 – Detailed Financial Report #41 – Net Worth $791,370 | Income $34,208

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Reading Time: 11 minutesI have that feeling again – like something bad is going to happen. Around this time last year, I wrote about how things were going too well and contemplated what would happen when the music stops (everyone should have a back up plan). When I wrote that post our net worth had just reached $551,510 and our trailing twelve months (TTM) income was $347,539. Things have only continued to surpass my wildest expectations. Our net worth has increased $249,860 since then and our TTM income finished May at $417,214. Mind blowing!!! As you will see below, we are deploying capital at a very aggressive pace. In the long run we will be thankful we did, but I get the sense …

Income Report

April 2018 – Detailed Financial Report #40 – Net Worth $754,208 | Income $33,587

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Reading Time: 12 minutesAnother month ticks by, and with it brings another financial update. Based on the prior two posts I published, you will notice that April was a time for reflection and self-correction. It’s easy to get swallowed up and consumed by the wealth building game. I had to remind myself not to get so consumed building wealth that I forget to build a life. I also had the epiphany that there was no point in being wealthy if I wasn’t both happy and healthy. During that reflective time, I reminded myself why I got into the game in the first place, which was to build enough wealth to get to a point where money was no object. When money is no object, …

Income Report

March 2018 – Detailed Financial Report #39 – Net Worth $738,718 | Income $33,691

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Reading Time: 12 minutesWow! I can’t believe that 25% of the year is now behind us. Has anyone figured out how to squeeze more than 24 hours out of a day? Or extract more than 31 days out of a month? Every crossed-out calendar page is a tangible reminder of how fleeting time is. Truly, it is THE most scarce and valuable resource we have, way more precious than money. You see, money can be SPENT or SAVED. But time, on the other hand, can only be SPENT. You may develop increased efficiencies in utilizing it, but you can never stockpile it. Once you spend it, it’s gone forever. This blog spends a lot of time talking about money, but at the end of the day, …

Income Report

February 2018 – Detailed Financial Report #38 – Net Worth $724,974 | Income $74,190

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Reading Time: 11 minutesHere we are again! Although February was a short month, the GYFG household still managed to get a lot done. From a health perspective, I was able to drop 10 lbs and get into a daily rhythm of meditation. I’m still dealing with two bulging discs, but I was finally able to start an eight-week program that uses a machine that is supposed to help re-align the disk (they call it the DRX 9000). The short of it is that this machine does Decompression Reduction Extraction (also known as nonsurgical spinal decompression) and the goal of each DRX session is to remove the bulging disc pressure from the nerve root. From what I’ve read, the studies show an 80% to 90% success …

January 2018 Income Report

January 2018 – Detailed Financial Report #37 – Net Worth $674,336 | Income $26,935

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Reading Time: 10 minutesIf you blinked, you missed January, as it was gone in a blink of an eye (at least for me). I hope that 2018 is off to a good start for each and every one of my readers. I also hope that you have already been taking steps to improve your financial future (I outlined 12 ideas here). Here, January was a mix of work, play, and much-needed relaxation. The busiest time of year for us starts mid-October and runs through mid-January. It was nice to end the last half of January in South Lake Tahoe. We rented a condo and made an eight-hour drive to it with our dogs in tow for ten glorious days of downtime. As is typical, …

Crushed 2017

December 2017 – Detailed Financial Report #36 – Net Worth $664,391 | Income $30,682

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Reading Time: 10 minutesHappy New Year! And just like that, 2017 is now completely behind us. It’s hard to comprehend that the entire year can now only be viewed from the rearview mirror. How did the year pass by so quickly? From an achievement standpoint, it was another GREAT year, but it was one of the more challenging years that I can recall. I’m not one to get anxious or overly stressed, but I admit that 2017 pushed all the right buttons to test my resolve. In the end, I emerged a stronger and more resilient person. It is through adversity that we come to appreciate our blessings and success in the short time we have on this amazing planet. It’s a reminder that sometimes …

November 2017 Report

November 2017 – Detailed Financial Report #35 – Net Worth $644,406 | Income $26,212

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Reading Time: 10 minutesLast month, after 33 consecutive months of the same format of my Detailed Financial Reports, I decided to shake things up, starting with report #34 (October 2017 Financial Report). However, the introduction will still repeat from month to month, because 50% of my readers are new every month, and I want to offer them all the content in my initial intro. That said, I will still plan to modify the intro periodically when appropriate. If you’re a regular reader and only want to read the new content then feel free to just skip the intro (no harm, no foul). Intro Mission Statement: To Humanize Finance, Build Wealth, and Reach Financial Freedom. For those of you new around this corner of the …

October 2017 – Detailed Financial Report #34 – Net Worth $632,168 | Income $25,282

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Reading Time: 9 minutesIt’s time to shake things up with this month’s financial update. There hasn’t been much change to the format or content for 33 straight months, and I feel like the time has finally come to inject fresh life into this report and content. Mission Statement: To Humanize Finance, Build Wealth, and Reach Financial Freedom. For those of you that are new around this corner of the internet, these monthly reports are about full transparency. They are just as much for me as they are for you. It’s a hard decision to make all of your financial details public, but it’s also a very motivating one. The process I go through every month to produce these reports has been enlightening and life-changing. I published …

September 2017 Income Report

September 2017 – Detailed Financial Report #33 – Net Worth $630,223 | Income $25,616

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Reading Time: 11 minutesGYFG here checking in for the September monthly financial report. If you have been reading these reports for a while you will notice that I have the same intro month after month. I do this for two reasons; a) for the newbies to the site (which make up about 50% of the site’s traffic), and b) to remind everyone what these reports are all about. By all means, if you have read the intro at least once, then please feel free to skip down to the “Summary of September 2017” section where the new content begins. For those of you that are new around this corner of the internet, I wanted to fill you in as to what these reports …