May Total Income:
Another month with our income on the lower side. I’ve honestly probably never been happier in the past few months despite a decent pull back in our income. Having moved to half time clinical shifts in the emergency department allows me to get out of night shifts (which I hate). Most recently, I got offered an extra $1000 cash to work a night shift (thus about $4,000 total) for a single night shift and happily turned it down.
I’ve got a spend a ton of time with my wife and son, doing lots of weekend trips and adventures together which has been a lot of fun. With the stock market ripping the last two months, our net worth continues to climb despite a drop in income.
Expenses
Last month, we went on an all-inclusive Caribbean vacation so we had a lot of extra expenses related to that. The trip was amazing and probably cost about $15,000 in total. This is the big reason our credit card bill are so large and total expenses almost $16k for the month. I had some licensing fees I had to take care under business expenses.
Investments
$3 million!!!! Crazy how much our accounts have grown over the past three years. The market continued to go nuts in May and we finally breached $3 million. Crypto/bitcoin has taken a large dip from last year.
My wife continues to work on her 457 contributions. Otherwise, I am now saving up cash for end of year tax payments and other big expenses (S corp taxes, property taxes, school tuition, etc)
Investment Accounts:
A net positive change of $171k for the month. Compound interest has taken over.
My Financial Goals for 2026
- Hit $3 million in investments: We did this, June 1st!!!!!
- Pay down mortgage and recast – DONE – 260k extra payment (family gift) and mortgage recast done, payment changed from $3,759 $2,450
- Obtain umbrella insurance – DONE! We finally obtained a $1 mil policy.
-AMJ