Denali Northern Expenditure

January 2019 Plan Update

I CANNOT BELIEVE WE’VE PAID OFF THE MORTGAGE! Nothing else major is happening in January. It’s been a good month.

The Numbers:

Want to know how easy it is for us to write these every month? I literally just log into my Personal Capital and revel in all the numbers being in one place. Do you like checking numbers? Do you like graphics? Do you like playing with calculators like retirement calculators and how much your fees are costing you? Then, you should obviously use my affiliate link to Sign up here to help yours truly speed toward financial independence! (Also feel free to read my more in-depth review of Personal Capital.)

Our mortgage is now at $ZERO! I haven’t yet decided if I am going to include this in every single plan update from now until the end of time or if you will all get annoyed by that. 🙂 NO MORTGAGE BABY. NONE. ZERO. Read the story of our mortgage pay-off here.

Investments have moved to $222,960. To be honest, I haven’t really been tracking this for the past year. I mean, I’ve been updating the numbers correctly and adding them here, but I haven’t really cared. Now that the mortgage is gone, I feel so free with so many possibilities. I have already upped Mr. T’s 401k contributions to the maximum he can get with work rules ($18,600) and I’ve upped my 401k contributions to the maximum of 50% of my pay (which will only end up being like $10,000). And without a mortgage, there’s STILL money left to save! I can’t wait to see this investments number rise this year even if the market tanks.

2018 Financial Goals Update:

  • KILL THE MORTGAGE – DONE! Please eat chocolate in my honor.
  • Merch Challenge Update (paying for our 27-night Europe trip and our extra mortgage payments with t-shirt sales) â€“ WE DID IT!!!
  • Max out Mr. T’s 401k – We got to $18,000 – His work has weird administrative rules, so we were only able to get $18,000 in there last year and we’ll hit $18,600 in 2019.
  • Stretch Goal: Put $5500 into My Roth IRA – NOPE. But there’s still time for 2018’s contributions!
  • Market-Based Goal: $250,000 in investments by the end of 2018 â€“ Nopety nope. But as we know, market-based goals are always just for fun. We have no control over the market.

INTRODUCING: 2019 Financial Goals!

  • Max Out My 2018 Roth IRA ($5,500) – I didn’t manage to put a penny into my account in 2018, but I still have until April 15th to make up for it! $5,500 by April 15th with no mortgage seems totally doable. ANYTHING seems doable these days!
  • Max Out My 2019 Roth IRA ($6,000) – Self-explanatory.
  • Max Out Mr.T’s 2019 Roth IRA ($6,000) – Self-explanatory.
  • Replenish Emergency Fund ($5,000) – I’ve depleted all cash resources around here because when the mortgage got low enough that being mortgage-free was in our sights, I lost all sense of reason and sanity and started throwing everything at it possible. I’m coming clean that I don’t have an emergency fund anymore and I plan to remedy that in 2019.
  • Extra Investments ($10,000) – I haven’t figured out what this will look like yet (ie: brokerage, self-employment account etc.) because our income sources and amounts will impact that, but the goal is to invest another $10k.

If we manage to hit ALL of our goals this year, in addition to the 401k savings, we’ll be saving a total of $61,100! That’s NUTS! Fingers crossed!

Notable Expenses This Month: The Story Our Money Tells:

These are expenses that tell an interesting story. A peek into our lives through our pocketbook:

  • $367.20 – I signed Lui up for preschool Parkour classes. It lets him run around in a safe space for an hour a week and he loves it. It’s HILARIOUS to watch. He basically just slams him body against the walls and flails around. Classic.
  • $35.90 – Mr. T and I were FINALLY able to see Crimes of Grindlewald. We had tickets for the day after the earthquake and the movie theater was closed because of damages. So, we finally saw it this week and the local brewpub theater. Yummy pizza and root beer. So good.
  • $35 â€“ Took the whole family to see the new Mary Poppins. I enjoyed it greatly.
  • $8.23 â€“ I had to order my parents gifts from Amazon FOUR TIMES. They kept refunding me and then I’d have to reorder. With credits and refunds, I think I had to repay this much this month. Good news is they finally got them the third week of January. Sheesh.
  • $1,199 – Plane tickets to family in the Northwest and explore some Alaskan islands this summer.

Financial Phrases:

These are things said by actual people that were either talking to me or near me enough that I could hear them:

  • “We moved into an apartment so my husband could change jobs and put our house up for rent.”
  • “I think the pressure to buy his wife expensive gifts really motivated his career.”
  • “I went through Hell to pay off my student loans. They better not forgive everyone’s loans now!” Though I prefer Matt Lane’s (over at Optimize Your Life) response:


The Mortgage is DEAD!


February 2019 Plan Update


  1. I love that your mortgage is dead and your Merch Challenge is golden. You are killing it! Happy 2019 indeed, friend!

  2. I bow before your financial acumen! You rock, Maggie. Cheers.


    Re: Amazon, did you firmly scold them for the many mistakes? If not, I suggest you spend 5 minutes on chat to admonish them and get $10-20 in credit.

  4. Abigail

    I’m with Revanche that you can probably get a little something from Amazon for your hassle. Glad there’s now so much more money left over at the end of the month. I’ll be excited to see what you do with it!

  5. Nice job on the mortgage! Glad to see you hit this! Alaska is on our list, looks like an amazing place!

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