State of the Bear Cave – March 2017
Sorry that it’s been a little quiet over here at the Bear Cave. With Grizzly Mom’s recent departure from the working world, we’ve actually had a lot of very exciting things happening. In our expenses this month, there are a couple line items for special ‘projects’. We’re calling them Project Eagle and Project Buffalo for now. We’ll be writing a number of posts on each one. But for now they remain a secret 🙂
But, beyond those little projects, it’s time to take a look at our monthly progress to see how we’re doing.
State of the Bear Cave
Total income was a wooping $59k this month. This was due primarily to three factors: (1) quarter options vesting for me of about $13k, (2) Grizzly Mom quitting her job and getting a payout for seven years of unused vacation, (3) full max on our 401ks to minimize taxes on all of it.
Our net worth ticked up again. Total net worth rose to around $1.3M while investable net worth after our move continued to climb back to around $800k.
|Student Loan Interest||$0|
|Home Owner’s Insurance||$0|
|Cleaning Service/Lawn Care||$250|
|Total, Non Housing/Childcare||$5,911|
|Annual, Non Housing/Childcare||$70,932|
A number of interesting things in here.
First, childcare dropped off significantly. We pulled Baby Bear out of daycare to stay home with Grizzly Mom. Huge savings of almost $2000 as a result. We’ll eventually get childcare again, but at a much reduced schedule and price.
Second, we had a couple celebrations for Grizzly Mom’s freedom from corporate law which explains the high grocery and restaurant bills. Not the norm going forward.
Third, hundred thousand mile maintenance on Grizzly Mom’s car was a bit pricy, but the care is in great shape and should last another 100k miles.
Forth, we bought Grizzly Mom a new laptop now that she’s self employed. We’ll eventually be able to expense this to the Grizzly Law Office, but we’re including for now. We went with a great little Dell, continuing our flight from Apple.
Finally, you have the special projects we mentioned. These are both either one time events or will be reimbursable eventually. So we stripped them out for final expense numbers to give a better sense of the trend.
Despite the extra coming from the first four we still managed to come in spending about $70k in our final number stripped of mortgage payments and childcare. Not great, but also a weird month so not concerning.