2019 Year In Review

Starting Net Worth: -$22,984
Ending Net Worth: -$5,589
Net Worth Increase: +$17,395

Starting Debt: $34,548
Ending Debt: $28,582
Debt Paid: $5966
Debt payment rate: 21% of Net Income

Net Income savings rate: 12.63%
Net Income savings rate + Roth 401k contributions 15.63%

HSA Contribution: MAXED! $3500
Roth Contributions: $328

Wow! What a year! The one thing at first glance I noticed is that my Roth contributions were $500 less than 2018. But this was my first year with a full HSA! And I have over $2,000 of the $3500 invested (my HSA requires a $2100 cash before I can invest). But that debt paydown and net worth. Damn I’m proud. Have a happy new year all!

2019 Spending
Rent: $5886 – 25.6%
Student Loans: $4457 – 19.3%
Phone: $2658 – 11.5%
Groceries: $2615 – 11.4%
Car Loan:  $1770 – 7.7%
General Merchandise: $1550 (Non groceries or cleaning) – 6.7%
Electric: $1112 – 4.8%
Restaurants: $787 – 3.4%
Gas: $674 – 2.9%
Storage Shed: $421 (uncategorized) – 1.8%
Internet: $303 – 1.3%
Clothing & Shoes $192 – 0.8%
Entertainment $171 – 0.7%
Personal Care $160 (gym & 1 haircut) – 0.7%
Automotive: $152 (oil change & tags)  – 0.7%
Service Charges: $32 (401k fees) – 0.1%
Pet Care: $30 – 0.1%
Postage & Shipping: $30 – 0.1%
Domain: $12 (google) – 0.1%
Office supplies: $12 – 0.1%

Total spending: $23,017 I didn’t include cash transfers/gifts to people.