A Trip to Target and My May Financial Update with Net Worth

How did I spend less than $700 last month? Check out my latest financial update! Find my net worth, income, expenses, and savings totals here.Welcome to May’s Financial Update!

I love writing these financial updates because they’re kinda like a scrapbook of my life.  I can look back and read the updates and remember where I was at a certain time in my life.  They show how far I’ve come!

I can’t believe it’s June already!  We are officially on vacation, even though we haven’t left yet.  It’s just nice to relax at home before we start our travels to ARUBA!!!  I’m planning to do a recap of the vacation after we return, so look out for that!

Even though I’m 36, I’ve traveled so rarely that I have never had a need to buy my own luggage.  I’ve always just borrowed luggage from my parents when I’ve needed it in the past.  I was talking with Mr. Frugal Turtle and we plan to do quite a bit of traveling over the coming years.  So, I splurged on some luggage.  We were at Target and I found a nice luggage set that wasn’t too expensive.  It seems like it’s decent quality, so hopefully it lasts quite a while!

While we were at Target I picked up a present for my one year old nephew.  My sister and I went in together and got him a little indoor/outdoor slide.  When he opened it at the party he was too scared to go down it, but hopefully he warms up to it!

I also paid for some clothes for Mr. Frugal Turtle and I at Target.  He found a couple of t-shirts and a pair of shorts, while I left with a couple of dresses and a new belt.  It was an expensive trip to Target!

Also in May I treated Mr. Frugal Turtle to a movie date!  We went to the cheaper, local movie theater instead of the expensive one in the city and saved about $10 on the tickets, pop and popcorn!  Guardians of the Galaxy was awesome and I highly suggest you check it out if you haven’t yet.

On to the Numbers!

May Net Worth

I ended May with a net worth of $124,175.58.

My goal for this year is to end the year with a net worth of $150k.  If I can reach $125k by the end of June I think I have a good shot of reaching that goal.  I’m getting really close to $125k!

My net worth includes my retirement accounts and my regular savings account.

I use Personal Capital (affiliate link) to keep track of my net worth.  Personal Capital is really easy to use and I have to admit, I’m kinda addicted.  You can link your credit cards, banks, and investment accounts to this site and it updates all the time.  I log in and check my net worth almost every single day.  It also has a pretty sweet retirement planner that tells you what you can work on to make your retirement even better. Continue reading “A Trip to Target and My May Financial Update with Net Worth”

We’re going to Aruba! and My April Financial Update with Net Worth

I’m coming for you Aruba!

I’m super excited to finally be writing this April financial update!

After staying in the great state of Minnesota all last year, Mr. Frugal Turtle and I decided it was time to get away.  Work has been hell for both of us lately and a vacation has been desperately needed.

After much hemming and hawing for a couple of weeks and getting recommendations from family members, we finally decided on a beautiful all-inclusive resort in Aruba.  There will be more details in a future post and I can’t wait to share them!

Frugal Turtle Earns Money!

Not me.  The website!  A few of you awesome people took my advice and clicked on a referral link.  Thanks to you this site earned $60 last month.  Thank you so much!

It’s pretty good timing because I have some website related expenses coming up that I can put that referral money towards.  Again, thanks for supporting this blog!

Making Sense of Affiliate Marketing

I love reading Michelle Gardener’s blog Making Sense of Cents.  I’ve been reading it for years.  I find her life fascinating.  Her blog is really interesting and I drool over her monthly income reports.

Out of curiosity (and a growing desire to make money blogging) I invested in her course Making Sense of Affiliate Marketing (not an affiliate link, yet.  I want to finish the course first).  I’m super excited about it.  Unfortunately, my day job has been pretty demanding and I haven’t done more than scan through the material.

I bought the course when Michelle had a sale going on, so I got it for $169.  That’s a pretty big one time expense for me, but I’m really happy that I did it.  I have no regrets and I can’t wait until I have more time to dive into the material!

Groceries, Groceries, and more Groceries

So, I’m not sure what happened in April, but I spent a ton of money on groceries.

Actually, I do have a theory on what happened, I did ALL the grocery shopping myself.  Mr. Frugal Turtle and I usually go grocery shopping on Saturdays, which is our normal day off together.  We try to split the grocery bills fairly evenly, but we really don’t keep track.  Unfortunately, our mutual employer has gotten really busy lately and we no longer both have Saturdays off together.

Since Mr. Frugal hates grocery shopping (especially alone), and I actually enjoy it (I know, I’m weird), I went grocery shopping on my days off.  And did all the shopping for the month of April.  And somehow spent over $300 on groceries.

I realize that’s probably about average for a frugal couple who hates to waste food, but I didn’t think we spent that much!  It’s really got me curious as to what we both spend on groceries each month.  I think I’m going to keep track of all grocery store receipts for both of us for a few months just to see what we actually average on grocery expenses.

On to the numbers!

April Net Worth

I ended April with a net worth of $121,995.71.

My goal for this year is to end the year with a net worth of $150k.  If I can reach $125k by the end of June I think I have a good shot of reaching that goal.

My net worth includes my retirement accounts and my regular savings account.

I use Personal Capital (affiliate link) to keep track of my net worth.  Personal Capital is really easy to use and I have to admit, I’m kinda addicted.  You can link your credit cards, banks, and investment accounts to this site and it updates all the time.  I log in and check my net worth almost every single day.  It also has a pretty sweet retirement planner that tells you what you can work on to make your retirement even better. Continue reading “We’re going to Aruba! and My April Financial Update with Net Worth”

A Movie Date! and The March Financial Update with Net Worth

March was the second month in a row where I kept my expenses under $1k. In this update I also talk about my net worth, income and how much I saved.Welcome to my March Financial Update!

I can’t believe it’s April already!  I love it!  The sun is setting later and later every day.  It’s slowly warming up.  Migrating birds are flying in from the south.  Summer is just around the corner!

March was a pretty good month for me, financially.  I had my second month in a row with expenses under $1,000.  You can read last month’s financial update here.  Income was also strong due to a three paycheck month.  Don’t you love those?

Mr. Frugal Turtle and I had a rare date night in March.  We went out to dinner (he paid) and then we went to a movie.  He paid for the movie as well (what a guy!).  I paid for the drink and snack.  It’s always a shock to the wallet when I have to pay close to $15 for one tub of popcorn and one soda.  Oh well, we had a great night and really enjoyed the movie (Logan).

Taxes are done!

I spent one joyous night early in March filling out my taxes and was refunded a total of $602 from federal and state.  I qualify for the free e-file so I took advantage of that.  I’ve used TaxAct the past couple of years and they seem to make doing taxes a little easier than most tax programs I’ve tried.  I’m not an affiliate for them, I just use and like their program enough to recommend it!

As soon as both the federal and state tax refunds were deposited into my checking account they were transferred to my IRA.  It was such a great feeling to transfer $602 to my retirement account!

On to the numbers!

March net worth

I ended March with a net worth of $118,030.34.  My goal for this year is to end the year with a net worth of $150k.  If I can reach $125k by the end of June I think I have a good shot of reaching that goal.

My net worth includes my retirement accounts and my regular savings account.

I use Personal Capital (affiliate link) to keep track of my net worth.  Personal Capital is really easy to use and I have to admit, I’m kinda addicted.  You can link your credit cards, banks, and investment accounts to this site and it updates all the time.  I log in and check my net worth almost every single day.  It also has a pretty sweet retirement planner that tells you what you can work on to make your retirement even better. Continue reading “A Movie Date! and The March Financial Update with Net Worth”

A Birthday Meal and My February Financial Update with Net Worth

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One of my best financial updates yet! I managed to keep my expenses super low in February. Also check out the post to see my income, savings and net worth!I’ve been looking forward to writing this February financial update ever since the month ended!  February ended up being a month where I had very low expenses.  It helped that the month was shorter than normal.  If only I could have low expenses like this every month!

Mr. Frugal Turtle Turns a Year Older

February was Mr. Frugal Turtle’s birthday month!  He took the day off from work and we spent the day together on his birthday.  I didn’t get him anything for his birthday.  We usually don’t do gifts for any occasion, so this is normal.

I did, however, take him to a Mexican Restaurant that gives free meals on birthdays.  Several of his siblings and their significant others were able to join us for the grand occasion.  There’s no better way to spend your birthday than surrounded by loved ones!

What Else Happened In February?

I ended up getting a nasty cold in the beginning of the month and it took a couple of weeks before I was feeling better.  I’m just happy Mr. Frugal Turtle never ended up getting it.  It had me completely down for the count for an entire weekend!

A new grocery store opened up in the area!  Fresh Thyme opened up late in January and I finally got to go there in February.  For someone who actually enjoys grocery shopping this was a big deal!  There was so much hype about this store that I couldn’t wait to see what the big deal was.

The verdict: it’s cheaper than other grocery stores on some items.  Other items they are more expensive.  Just like every other store.  It just goes to show you that you have to pay attention to prices no matter where you are.

On to the numbers!

February Net Worth

I ended February with a net worth of $115,121.53.  My goal for this year is to end the year with a net worth of $150k.  If I can reach $125k by the end of June I think I have a good shot of reaching that goal.

My net worth includes my retirement accounts and my regular savings account.

I use Personal Capital (affiliate link) to keep track of my net worth.  Personal Capital is really easy to use and I have to admit, I’m kinda addicted.  You can link your credit cards, banks, and investment accounts to this site and it updates all the time.  I log in and check my net worth almost every single day.  It also has a pretty sweet retirement planner that tells you what you can work on to make your retirement even better. Continue reading “A Birthday Meal and My February Financial Update with Net Worth”

If You Want to Retire Early, Start Doing These 12 Things Right Now

If you can implement some or all of the items on this list your journey to early retirement will be short and sweet. The hardest part is actually starting.“The thing to do is to make so much money that you don’t have to work after the age of twenty-seven. In case this is impracticable, stop work at the earliest possible moment, even if it is at a quarter past eleven on the morning of the day when you find you do have enough money.”-Robert Benchley

Dreaming of Early Retirement

While I won’t retire by the time I’m 27(I’m 36), I’m hoping to retire before I’m 45.  I’m getting more and more antsy at work.  I pretty much daydream about early retirement whenever there’s downtime.

Even though I’m not retired yet, the following list are things that I have done or currently do to help me reach early retirement as fast as possible.  If you follow this list, or do only some of the items on the list, it should help you reach early retirement as well!

Max Out Your 401k and IRA if Possible

Look, I know it’s really hard to save that much money.  Start small!  It was only 4 years ago that I was putting in 3% every paycheck.  3% was the amount I needed to contribute to get the match.  I wanted to pay down my debts before I really started investing.

Once I was debt free I slowly started contributing more and more until I was comfortable contributing the max amount.  I’m pretty sure I changed my contribution amount like four times in one year!

Pay Off Debt

Some people suggest paying off all debt before investing anything.  When I was in debt, I saved enough to get the 401k match and then focused on paying off my debts.  Making sure that my emergency fund was fully funded when I was paying off my debt was also a high priority for me.

I kept a fully funded emergency fund because I had been laid off before at a time when I wasn’t in a secure financial situation and IT SUCKED! Thanks to parental help, I made it through, but it’s a situation that I never wanted to be in again. Continue reading “If You Want to Retire Early, Start Doing These 12 Things Right Now”