Missed the January 2024 update, between my last day of work, buying a home, and having a baby, finding time to post was impossible but we’re back! Jan’s net worth came out to $123,673. February 2024 net worth marks a small decline. Mostly due to the expenses that come with purchasing a home (earnest money and inspection fees) coupled with a decline in stocks valuations.
Yesterday marked the last official paycheck from my day job. Moving forward, we’re on one income for the next few months and anxiously awaiting the arrival of our first child due in just 3 days.
We’re also anxiously awaiting the seller’s response to our negotiation request. We entered a contract for a home that is perfect for our lifestyle but the inspection report came back with around 30k of work, 18k of which would need completed in the first month of purchase to ensure the safety and integrity of the property. We’re asking 11k off purchase price plus a 4k seller credit. Not sure when we’ll hear back but hopefully it’ll be sometime today or tomorrow. We find it weird that it’s taking so long. In Nebraska we negotiated inspections at both the purchase and sale of our home in under an hour. It’s not that hard of a choice, say yes or no and/or counter offer. It’s not like we’re asking for the seller to complete the repairs. He’ll literally get off with no work on his end.
Overall, the February 2024 net worth decline wasn’t dramatic or something to worry over as we had valid causes behind it. Check out our prior net worth post here.
