http://www.thefinancialladder.blogspot.com The Financial Ladder: Wow, that long?!

The Financial Ladder
Climbing for a better future




Wednesday, March 10, 2010

Wow, that long?!

It's really been over 4 years since I started this blog?! I suppose it doesn't really mean much since I only updated it on a regular basis for a little over a year and a half after it was started. But, we're still making and spending money, so I guess we still have much to write about.

My wife and I are still with the same companies in the same positions. We still live in our house we recently purchased in mid 2008. The big addition to our family occurred 4 months ago today, with the arrival of our daughter. It seems we've become a typical middle class American family. A marriage, house, two children and a dog. Oh, and a picket fence in the backyard.

My wife has been on maternity and family leave for the past 4.5 months, so we haven't been saving any money. In fact, we're losing ground on the savings front. We've built up a good amount of credit card debt in the past year, but that includes a new furnace and central air unit. I've been doing our taxes for past 2 years using turbo tax, and it seems this is a good year. Last year we had to pay almost 3k between federal and state. Most likely due to my wife's job not taking enough out. They got hit by the feds for all kinds of tax violations last year.

We're looking to get a little over 5k this year. That return is much needed! Our net worth has been stagnate for the past year and a half or so. Hm, I think that's most of the more important financial info for now. I'll have to calculate our current net worth soon, but I'm afraid to do it. Adios for now.

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