Income & Expenses For February 2020: Saved $13,190.39, 97.98% of After-Tax Income

Since 2014, I have been tracking my monthly income and expenses. You can see a breakdown of every penny I earn and spend. For perspective, this budget is for a household of two in a small US city. 

By documenting my journey, I aim to demonstrate the feasibility of saving a significant portion of your income and provide some ideas and inspiration for your own budget.

Below are my income and expenses for February 2020. You can see all my monthly budgets here.

	Feb 2020
Income
Wages	$13,857.81
Dividends	$324.04
Other Income	$849.33
Total Income	$15,031.18
Expense
Federal Income Tax	$969.18
Federal Tax Pmt/(Refund)
FICA-SS	$485.57
FICA-Medicare	$113.56
Housing
Student loan repayment	$46.41
Food	$43.92
Car Insurance	127.59
Water	$29.84
Gas/Heating	$24.32
Total Expense	$1,840.39
Surplus/(Deficit)	$13,190.79
Before Tax Saving Rate	87.76%
After Tax Income	$13,462.87
Ex-Tax Total Expense	$272.08
After Tax Saving Rate	97.98%
Goal	95.00%

Net Worth Update February 2020: $1,669,100.45 (-$130,243.25, -7.24%)

Welcome to my monthly net worth update! Here is how my assets, liabilities, and net worth have changed over the past month:

	Beginning balance on 2/1/2020	+ Cash inflow /(outflow)	+ $ P/L	= Ending Balance on 2/29/2020	% P/L	% Equity
ASSETS
Current assets
Cash	(6,451.52)	(18,792.99)	0.00	(25,244.51)	0.00%	-1.51%
Bonds	25,240.92	(128.07)	754.48	25,867.33	2.99%	1.55%
Stocks	1,369,097.05	20,997.30	(106,608.66)	1,283,485.69	-7.79%	76.90%
Total current assets	1,387,886.45	2,076.24	(105,854.18)	1,284,108.51	-7.63%	76.93%
Tax-deferred retirement account	257,988.70	3,759.26	(20,639.60)	241,108.36	-8.00%	14.45%
Roth IRA	101,410.76		(9,689.40)	91,721.36	-9.55%	5.50%
Home	41,000.00		0.00	41,000.00	0.00%	2.46%
Gold	17,113.53		(32.31)	17,081.22	-0.19%	1.02%
Other non-current assets	368.08		10.33	378.41	2.81%	0.02%
Total assets	1,805,767.52	5,835.50	(136,205.16)	1,675,397.86	-7.54%	100.38%
LIABILITIES & EQUITY
Liabilities
Current liabilities	817.87	(90.66)	0.00	727.21		0.04%
Long-term liabilities
Student loan	5,605.95	(35.75)	0.00	5,570.20		0.33%
Other non-current liabilities	0.00	0.00	0.00	0.00		0.00%
Total liabilities	6,423.82	(126.41)	0.00	6,297.41		0.38%
Equity (net worth)	1,799,343.70	5,961.91	(136,205.16)	1,669,100.45	-7.57%	100.00%

Net worth: Bottom line up front, my net worth decreased by $130,243.25, -7.24% this month due to marked-to-market investment losses (-$136,205.16, -7.57%), partially offset by net cash inflow ($5,961.91, 0.33%).

Here is the breakdown of my balance sheet: