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February 2016 Net Worth – $482,540

Make it rain! This net worth has been built almost entirely from blogging and working online, that's so cool. I love looking at people's net worths, to see how they're held, where the income comes from and what  their growth looks like over time. Looking at other people's finances is so motivating and fascinating to me.

It’s that time again! I like to use monthly net worth updates for motivation. Posting them pushes me to try harder, I am forced to actually work the numbers, and I started blogging so I could share with all of you and get feedback.

My Backstory for New Readers

I worked in a dead end cubicle job from when I graduated from college in 2005 through July 2011. I could never be promoted within my department and $35,500 was the highest salary I ever received. My plan was to stay there for 30 years and retire. That plan went to crap for two main reasons. First, I wanted to truly connect with people. Secondly, I finally realized the position was the definition of “dead end”.

That led me to creating Budgeting in the Fun Stuff in February 2010 even though I had zero professional writing experience, and I had just been a blog reader and commenter for a few months. It grew faster than I expected (thank you!), and I have been fully self-employed since July 2011. BFS itself has made more than $100,000 since I started. My husband and I live on the income we earn through our online business, professional pet sitting, and our first house which is now our rental property. We bring in $80,000-$140,000 each year – 100% self-employed. If you’d like to start your own site, I worked out a special lower price for my readers with Bluehost (lower rates on all 12+ month packages – I switched over to them too). I also just republished a free three part series to help:

Or if blogging isn’t your schtick, check out any of my other money making posts! I’ve personally done all sorts of things including being a jewelry reseller from online to pawn shops in my late teens, being a cow mascot in my early 30’s, selling my hair for $100+, and starting my own professional pet sitting business in 2014. Email me any time for ideas as well since side hustles and entrepreneurship have become my whole life!

Onto this month’s update!!!

Net Worth Update – February 2016


Cash (in all checking and savings accounts) – $89,000 (-$18,000)
Stocks – $16,900 (-$825)
Retirement – $139,300 (+$3630)
Home – $306,000 (same)
Rental House – $122,000 (same)
Cars – $16,000 (same)


Home – $195,360 ($640)
Car – $11,300 ($400)

Total Net Worth = $482,540
Last Month



Total Change: -$5710

My Thoughts

Honestly, I expected worse.  We took a huge cash hit because we paid estimated quarterly taxes ($4500), fully funded our 2016 Roth IRA’s ($11,000), had dental bills for hubby ($1500), and paid our December credit card bills which were higher than usual thanks to our traveling and Christmas shopping.

Even if cash wasn’t swallowed up, I expected the stock market to hurt us hard.  But I threw my $5500 into my target date mutual fund near the lowest part of the latest decline, so it’s already bounced back.

Overall, I’m optimistic for 2016.  I’m aiming for at least $500,000 by the end of the year with the BIG goal set at $550,000.

Our home values are pretty spot on right now thanks to the official evaluations we just had done. Our car values are based off of Kelley Blue Book and what I see on Craigslist.

How have you been doing lately? What are your short-term and long-term financial goals?

4 thoughts on “February 2016 Net Worth – $482,540”

  1. Charlotte

    I really enjoy these posts; motivates me to keep saving since I put off retirement for so long due to challenges that come with living abroad.

    If you are open to it, I’d love to read a post about your retirement investments. What is the money in? Hubby and I have conflicting opinions about it; and he says the “Chinese” way of investing is different. Mostly he wants more of our money in low risk things like CDs. And China has CDs that give 4-5% for five year terms. But I’m willing to take the risk and put in our mutual funds which have great track records. Would love more input to present him with.

  2. Revanche

    We are starting 2016 off with a lower NW than we closed out 2015 with because the markets hit us relatively hard but that’s to be expected. It’s also good motivation for me to keep diversifying our assets and investment portfolio. Right now, we have a brokerage account, our retirement accounts, and the rental. It might be a good idea to expand the rental empire in the next year or two since the stock market isn’t a happy place to hold the majority of our long-term savings. 🙂

  3. Buffy

    Y’all give me hope that it is possible to have the life you want on your terms! Very well done! Am so proud of you!!!! 🙂

  4. Crystal @ BFS

    @Charlotte, our retirement savings is in 3 parts right now. My old 401k, which I really need to roll over into something better now. My Roth IRA, which is doing really well in the Fidelity Freedom 2045 target date mutual fund, and my husband’s Roth IRA which he uses to invest in individual dividend-yielding stocks like Johnson & Johnson and stuff like that. I really do hope to get my old 401k stuff handled this year…I’m just procrastinating out of ignorance of what’s the best next move with it…

    @Revanche, it’s so hard for me to really, really latch onto anything. Stocks, SEP IRA, rentals…so many decisions.

    @Buffy, hey, lady! You seem to live life on your own terms really well too!

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