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June 2017 Goals and Financial Update

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June 2017 Financial UpdateThe year is more than half over! I hope you’re enjoying summer as much as I am. RB40Jr is out of school and we’ve been doing fun activities around town. I never go out to lunch when I’m alone, but it’s nice to go try something new from a food cart with a tasting partner. So far, RB40Jr’s favorite lunch is the lamb gyro. Summer is great, but there are some downsides too. The first is that my exercise schedule crashed and burned. I haven’t been able to workout much at all. Second is that it’s tough to blog. Kindergarten was great because it gave me more time to myself. Now, it’s a lot more difficult to get a post published on schedule. That’s all right, though. Summer is supposed to be a lot of fun. Work and exercise can take the back seat for a few months.

On the financial front, June was an awesome month. Our income was great, but our expenses were a little higher than usual. The high income more than made up for it, though. Our monthly expense was higher than usual because we paid for our flight to visit California. There are other expenses, but travel was the big budget buster in June. You can see the detail in the cash flow section below.

Okay, let’s go over the 2017 goals first and then see the details of our cash flow in June.

Disclosure: We may receive a referral fee if you sign up with a service through the links on this page.

2017 Goals – half year review

At the end of June, the year is 50% over! Wow, time flies. It’s been a great 6 months and we have done very well with our goals. It’s time to do our half-year check up and see where we need to improve.

Here is my goal tracking spreadsheet. We’re looking really good except for the Pinterest goal. I’ll probably give up on that one unless Mrs. RB40 helps me out.

June 2017 Goal Sheet

Financial Goals

  1. Save $50,000 in our tax advantaged account– We’re doing very well here and have saved $35,925 into our 401(k) and the 529 college fund. I contributed $5,500 to each of our Roth IRAs in June. This bumped up our tax advantaged savings quite a bit and we should complete this one ahead of schedule.
  2. Dividend Income $11,500– I’ll update our passive income post next week and you can see the details there. In the first 6 months of 2017, we received $5,742 in dividend. We’re right at the 50% mark. The second half of the year is usually better than the first half so I’m very optimistic that we’ll meet this goal.
  3. FI ratio > 78% – This is passive income divided by expense. Currently, our FI ratio is 94%.That’s way ahead of our target and I’m quite happy with it. Hopefully, we can keep it up in the 2nd half of 2017.
  4. Net worth gain > VFORX– Our net worth gained 7.3% so far in 2017. That’s really good for just 6 months. However, it is 2% behind our benchmark. The VFORX (Vanguard’s 2040 fund) is up 9.3%. That’s nuts! We’re behind, but I’m not going to worry about it. Next year, I probably won’t bench mark our net worth against anything.
  5. Move RB40Jr’s 529 plan to Vanguard – Finished! You can read about our 529 plan transfer here.
  6. Move Mrs.RB40’s IRAs to Vanguard – Finished!

Blog Goals

  1. Online income > $36,000/year– Our online income has been incredible this year and we made $38,619 so far. Woohoo! This goal is done. I made more in 6 months than the whole 2016 blog income. I’m really grateful to you, our readers. Thank you!
  2. Redesign Retire by 40– This one is a huge job and it is very daunting. I did some investigation in May, but couldn’t find a layout I liked. I’ll keep working on this. The redesign will be put on ice for the summer because I don’t have time to work on it.
  3. Pinterest > 25,000 visits– This one is a bust for sure. I haven’t been able to grow our Pinterest traffic and I’m getting discouraged. Pinterest is not fun for me at all.

Personal Goals

  1. Fitness – June was a bad month for fitness. RB40Jr is out of school so I can’t go the gym much. We have been going to the pool often, but it’s not quite enough of a work out. In June, I walked about 7,040 steps per day. That’s just enough to pass my goal of 7,000 steps per day. Oh well, I’ll resume working out regularly when school starts in September.
  2. Start a new site – I started a new site with a focus on fitness– Fit by 40. There isn’t much traffic, but that’s okay. I’m using it mostly for self motivation. It’s working really well and I’m much more active this year than in 2016. I don’t know why blogging helps so much, but it works for me. I haven’t updated the site much since summer started. It will pick back up in September.
  3. Join Toastmasters – This one is scheduled for the 2nd half of the year after school starts.
  4. RB40Jr’s after school programs – RB40Jr is now going to Wushu (Chinese martial art) classes and soccer practice. He doesn’t like these activities because group activities are difficult for him. He’d rather stay home and goof off, but he needs to learn to be a part of a team. I hope these activities will help him develop more grit.

Fun Goals

  1. See the total solar eclipse– I reserved a campsite at the beach and we’re set for August. I’m really looking forward to this trip.
  2. National Park– We visited Fort Vancouver National Monument over spring break. Joshua Tree National Park is next. It’s pretty close to where we’re going for vacation.
  3. International Trip– We plan to visit Mexico in November. It should be a cheap trip because we have plenty of reward points to use on flights and accommodations. We got 4 free nights at a Hyatt so I’m going to book a room at the Hyatt Ziva. I’ve never been to an all inclusive resort before so it’d be interesting to see if we like it. Normally, we like to mingle with the locals.

Net Worth (+7.3% YTD)

I’ve been tracking our net worth since 2006 and it is very motivating to see the progress we’ve made. For 2017, I’ll benchmark our progress with the Vanguard Target Retirement 2040 Fund, VFORX. Their current allocation is about 52% US equity, 35% international equity, and 13% bonds. I thought this was a good measuring stick and we should be able beat it. Now that we’re half way through 2017, we are way behind at -2%! The international sector did great in the first half of 2017.

Anyway, our net worth is up 7.3% in the first half of 2017. That’s really good at this stage of our life. I’d be extremely happy to get 10% gain in 2017. We are a bit behind VFORX, but it isn’t a big deal to me. Next year, we’ll probably just avoid benchmarking altogether. It doesn’t seem to add anything useful.

Here is the picture of our net worth over the first half of 2017 on Personal Capital. Our stock investment had minimal gain in June. I’m anxious to see how the rest of 2017 is going to turn out. Our properties did quite well in June and helped increase our net worth.

The big movements are the 529 plan and Mrs. RB40’s accounts being transferred.

June 2017 Net Worth

If you need help keeping track of your finances, try using Personal Capital to help manage your investment accounts. We have many accounts and Personal Capital shows me the big picture. Also, I’m a huge fan of their awesome retirement calculator. You can read my review here – The Best Free Retirement Calculator.

June 2017 Cash Flow

June 2017 Cash Flow

We had another great month with our cash flow. We spent more than usual, but our income was really good. Let’s go over the details.

Take Home Income (target > $5,000)

Our take home income target is $5,000 and we came in above that at $13,027. Our income streams were firing on all cylinders and we just need to keep this up.

Mrs. RB40’s paycheck: $5,630. Mrs. RB40 is doing very well at her day job. She got a raise earlier this year and she is bringing in great income and benefits. That’s one reason why she isn’t ready to quit working full time yet. She also doesn’t want to deal with health insurance uncertainties at this point. Her employer sponsored health plan is working really well for us.

Rental income: $966. I installed a new bathtub drain lever and did some minor clean up around the duplex.

Online Income: $7,928. Our online income was great in June. This year I’m focusing on increasing our income so Mrs. RB40 can retire sooner. I’m placing more affiliate links and focusing on writing relevant articles that will be helpful to investors. Here is how we generated online income last month.

  • Banner ads: $2,000. These are the banner ads you see on Retire by 40. I hope to make about $1,500/month from these ads.
  • Affiliates: $6,098. These are referral fees from affiliate links. If a reader signs up for a service through our affiliate link, then we sometimes earn a referral fee. One example is the Personal Capital link at the net worth section above.
  • Brand promotion: $0. I’m cutting way back and probably won’t make any money in this category going forward.
  • Expenses: -$169. Internet, email service, CDN, cell phone, meals, etc…

Starting a blog is a great way to build your brand and generate some extra income. Thank you for your support! 

Dividend income: $1,296. Dividend income was great in June. You can see our dividend portfolio here.

Interest: $17.

Crowdfunding: $80.

  • P2P lending: $80. I’m slowing getting out of P2P lending. I just don’t think they will do well when the economy turns south.
  • Realty Shares:$0. I funded my first deal at RealtyShares earlier this year. It’s a commercial property in Arizona. I like RealtyShares and I’ll try to invest in another property when we have some cash.
  • KickFurther: $0. I invested about $1,300 at Kickfuther. Kickfurther is similar to P2P lending, but investors lend to small businesses instead of individual borrowers. The big difference here is the money will be used to fund inventory. The investors own the inventory and we can vote to liquidate the inventory if the business can’t sell it. You can read more about them next week when I go over our passive income.

Misc: $0

Pre-tax savings: -$2,890. I sent $1,500 to my solo 401k. Mrs. RB40 saved $1,390 in her retirement account. We did not contribute to our kid’s Oregon 529 plan in June.

Expense (target < $4,500)

Our monthly expense target was $4,500 per month and we spent $5,098. The big expense was the flight tickets to visit California in July. RB40Jr also had some camps and other summer activities. Summer is a bit more expensive for us because of vacation and other fun activities.

Housing: $2,289. This includes the mortgage, HOA, and property tax. Housing is a huge part of our monthly expense. We may have to move to a cheaper location to reduce this expense.

Cash Allowance: $0

Groceries: $444. This is good for a family of 4. My mom is staying with us for a while. I’m pretty happy as long as we keep it under $500.

Transportation: $29. This is for gasoline and parking. We share one car and don’t drive much.

Pet: $0.

Kid: $366. This includes the RB40Jr’s Wushu lessons, ice cream, new shirts, summer camp, and a birthday present for a friend.

Bills: $236. Electricity and insurance (auto, home, term life, and umbrella).

Healthcare/Medical: $120. Mrs. RB40 lost her prescription sunglasses and had to get a new pair.

Entertainment: $52. We ate out just once in June, great job! This category also includes my gym membership fee.

Travel: $1,204. Three tickets to southern CA. We used the companion fare ticket from Alaska airline for this and the bill is pretty expensive. I thought flying is supposed to be cheap this year.

Clothing: $357. Mrs. RB40 purchased a nice dress and a few other things.

Misc: $0.

YTD Extra Savings: $38,318

June was a great month and we saved $7,929 in addition to our tax advantaged savings. Our income exceeded our expenses by a large margin and it felt great! This is when you feel rich – plenty of positive cash flow. So far in 2017, we saved $38,318 extra. This is already more than the whole 2016 so we’re doing really well this year.

I just sent $11,000 of this fund to our Roth IRA. I stashed the rest in VNQI to be used for Mrs. RB40 early retirement fund.

Can Mrs. RB40 retire?

This is a new section I added for 2017. I want to see what happens if Mrs. RB40 stops working full-time. Basically, I will remove Mrs. RB40’s income from our spreadsheet and stop contributing to our tax-advantaged accounts.

Drum roll please … for June 2017, Mrs. RB40 could retire early! We had another great month and it would be awesome if we can keep this up for the rest of the year.

If we remove Mrs. RB40’s income from the spreadsheet, we’d still be ahead $5,189 in June! This is due to our excellent online income. 2017 is looking really good so far.

June 2017 wrap up

June 2017 was another solid month at the RB40 household. Our income streams were firing on all cylinders. Our expenses were higher than usual, but not by a huge margin. Everything is just going really well this year. We haven’t had a great streak like this in a long time so we feel good. Usually, our finance has more ups and downs.

July is looking much slower on the online income front. Traffic is down and our affiliate income is slowing down accordingly. Our expense should be under budget, though. We already paid for our flights and hotel so our travel bill shouldn’t be too high.

*Oh yeah, if you’re going to retire early, summer is the best time to do it. There are a ton of fun activities to do. Retiring in the winter is the pits. You’ll be stuck at home all day and that’s not a good way to transition into what should be a fun phase of life.

Did you have a good June? What’s your plan for the summer?

Bonus: Cheap Eats

Gai Yang

Gai Yang, Som Tum carrot salad, and Thai sticky rice. This is classic Thai food.

Gai Yang is grilled chicken marinated in coconut milk, curry powder, sugar, ground pepper, minced lemongrass, cilantro stems, and garlic. There are many recipes of Gai Yang on the internet and it is easy to make. Try it out! The great dipping sauce to the right is Mai Ploy sweet chili sauce. You can see the bottle on Amazon, but probably should buy it locally. The price is very high on Amazon.

The Gai Yang is usually eaten with Som Tum, a green papaya salad. We used carrot instead because our grocery store doesn’t carry green papaya. This meal would be great with regular steam rice, but the Thai sticky rice made it awesome. I really can’t describe why I love Thai sticky rice so much. It just elevated the whole meal for me. So delicious!

This meal is very affordable because all the ingredients are cheap. The chicken drumsticks are the cheapest part of chicken for some reason. Carrots and sticky rice are also very affordable. Four servings of this meal cost less than $5.

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{ 59 comments… add one }
  • Mr. Tako July 10, 2017, 12:43 am

    Wow, what a great month Joe! I’m impressed! $13k in income is fantastic! Your online income is very impressive — $2k in banner ads alone….whew!

    I could only dream of numbers like that! I’m happy if my blog is able to cover the monthly hosting costs, despite doing this for a couple years now.

    Congrats on your success!

    • retirebyforty July 10, 2017, 11:58 am

      The banner ads are doing very well since I switched to AdThrive. It is slowing down a bit with traffic, but still much better than previously. There are more ads and I’d like, but hopefully readers don’t mind too much. Keep at it!

      • Sam @ Financial Samurai July 10, 2017, 1:44 pm

        Speaking of Adthrive, their RPMs are incredibly high. I just don’t understand how they made it so good. It’s like 4-5.5X higher than Adsense. I do like how they are always contacting to figure out how to optimize. Everything is worth a test. Trying a static desktop horizontal banner ad at the bottom now. Why not.

        • Anil July 10, 2017, 4:18 pm

          Looks like AdThrive requires 100,000 hits per month to even register. That’s a very high barrier to entry for new bloggers. Anything else out that that’s more reasonable but still has similar quality?

          • retirebyforty July 10, 2017, 9:06 pm

            You can try Investing Channel. Their requirement is less, but the pay rate is less as well.

  • K.P @ Hungry Being July 10, 2017, 1:34 am

    Big movements. Summer is moving along quite nicely. Congrats on the new fitness venture

  • Lazy Man and Money July 10, 2017, 1:45 am

    This is really inspirational stuff. That blog income is going great.

    However, I’m equally envious by RBjr’s taste in food. I wish mine would eat “non-kid” food every once in awhile.

    • retirebyforty July 10, 2017, 12:01 pm

      I’m very happy with our blog income so far. 2017 has been our best year yet. Hopefully I can keep it up for a few year, but I’m not too optimistic on that front. Usually, it slows down after a big year.
      RB40Jr’s taste is pretty interesting. He like Gyros, sushi, and the usual kid stuff. We just try to keep making him eat different food. He’s really lucky to live in a city with a great food culture.

  • Ernie Zelinski July 10, 2017, 1:59 am

    So your blog goals are;

    * Online income > $36,000/year
    * Redesign Retire by 40
    * Pinterest > 25,000 visits

    Your online income has already reached $38,000. To me, this means you don’t have to redesign your blog. Stick with what works. Keep in mind that $100 ugly websites can make a lot more money than $100,000 professionally designed websites. Marketing guru Seth Godin wrote a great blog post about this recently. Insofar as Pinterest, scrap it. Read Seth Godin’s book “The Dip: A Little Book That Teaches You When to Quit (and When to Stick)”.

    You ask, “Did you have a good June?” Yes, I did. The highlight was making the keynote address about “The Joy of Not Working” to 1,200 career experts at the National Career Development Association annual convention in Orlando, FL on June 29. Much to the disappointment of my many critics, I did not die from a heart attack due to the pressure and stress. In fact, I did very well and felt a great deal of satisfaction from having done so well in front of 1,200 professionals. That same week my “How to Retire Happy, Wild, and Free” for some unknown reason reached the sales rank of 669 on Amazon.com. After the sales figures were available, I calculated that I earned $11,000 in pretax profits that week from book sales and from the keynote address.

    One more note: On my way home from Orlando, I stopped in Montreal for three nights to take in the Montreal Jazz and Blues Festival. I chose a suite at Le Saint Sulpice Hotel in Old Montreal. With taxes, the rate was around $285 per night. The suite was high class and in a great location. I am glad that I splurged instead of cheaping out like a lot of poverty conscious people would do. I intend to go back to Montreal next summer for three to five nights and stay at the same hotel simply because I deserve it. In short, ultimately there is only one reason for money — and that is to spend it!

    • retirebyforty July 10, 2017, 12:03 pm

      I think you’re right. I’ll scale back and update the site just a little. Changing it completely is too hard for me anyway. I’ll have to hire someone to do it. I’m giving up on Pinterest and haven’t done much there since June. It’s not fun for me.
      Great job with the keynote. I hope you had a great time with it. I think at this point, you should enjoy the money. I’m still cheap, but I’m sure we’ll loosen up once we’re a bit older.

  • Grant @ Life Prep Couple July 10, 2017, 2:39 am

    Wow, you are killing it with your online income. $2,000+ just from banner ads? I think it is high time for the wife to join you. I’m not sure if you disclose this but approximately how many views do you get per month?

    If you aren’t going to the gym as much get pull up bar for your doorway. Do some circuits of squats, push ups, pull ups, planks/crunches. I still want to see that 20 rep pull up video 😉

    • retirebyforty July 10, 2017, 12:05 pm

      We usually get about 150k view per months. The problem is that it’s not growing anymore. Traffic has been pretty flat for us.
      It’s hard to work out when the kid is at home. He needs a lot of attention. And a pull up bar doesn’t fit on our doors. Our condo is a bit strange with duct work and tight corners. That’s too bad.

  • Sam @ Financial Samurai July 10, 2017, 3:20 am

    Congrats Joe on the bigger bucks!

    The Mrs can definitely retire!

    Make the move end of this year! She will not regret it although sing for 24 hours a day is an adjustment 🙂

    • retirebyforty July 10, 2017, 12:06 pm

      Thanks! She still isn’t quite ready. She’ll really consider it next year. I think that will work pretty well for us.

      • Sam @ Financial Samurai July 10, 2017, 1:42 pm

        Oh no! She is suffering from the “One More Year Syndrome”! Tell her to read my post! 😛

        I SWEAR to you, she will not regret leaving early. She may start regretting not doing it once she does years from now. But you should know this.

        Your online income will CONTINUE to rocket higher once both of you are gone b/c you will be that much more motivated (and a little fearful). I have no doubts Joe. Let’s go!

        • retirebyforty July 10, 2017, 9:04 pm

          I’ll tell her to read this comment. 🙂

  • The Green Swan July 10, 2017, 3:48 am

    Great update, Joe. International has been a boon to us so far this year. It’s about time though after all the disappointing years recently. But it’s also offset by the lackluster small cap performance so far but that’s diversification at its finest. I’ll take the good with the bad.

    • retirebyforty July 10, 2017, 12:06 pm

      You’re right about international equity being a disappointment for years. We had some and they were always lagging the US.

  • Mustard Seed Money July 10, 2017, 3:48 am

    I’m trying to convince my wife we should go on a vacation to the beach before baby# 2 arrives. I’m not sure she’ll go along because she’s always tired and hot. So sitting at the beach isn’t that appealing.

    That is awesome news with your blog income and sounds like you are really starting to snowball. Awesome job.

    • retirebyforty July 10, 2017, 12:08 pm

      Maybe go for some other location. Give her some options. 🙂
      Thanks! Blog income was great in June, but we’re seeing the summer slowdown now. Hopefully, it will pick back up in the fall.

  • Mrs. Adventure Rich July 10, 2017, 4:29 am

    Wow! You crushed your online income goal!!! Great job with the progress and keep up the good work! I really enjoy your articles 🙂

  • Ms. Frugal Asian Finance July 10, 2017, 4:43 am

    Wow congrats on the overall income and especially the online income! I don’t know when I’ll be able to get to that level, but I will keep trying. Joe is one of my motivations to try harder at blogging hehe.

    When I mentioned the food cart, I seriously thought you were going to say dim sum. I love dim sum, hot pot, and Korean BBQ ?

  • Dylan @ Trail to FI July 10, 2017, 5:03 am

    I have also slacked off on exercise this summer, which is odd because I have more free time. Maybe I’ve filled it with more of the things I want to do rather than just focusing on work.

    Your blog income is amazing! Thanks for your recommendation and post to start a blog. That was one of the factors that encouraged me to start my own.

    Congrats to Mrs. RB40! That’s awesome.

    • retirebyforty July 10, 2017, 8:53 pm

      The gym is a lot less crowded now. I think people have more things to do so they don’t have as much time to go workout.
      Good luck with your blog!

  • Ms. Montana July 10, 2017, 5:50 am

    One of the reasons we picked our gym (other than low monthly fees) was because they had childcare. We both really like working out, and it’s just a bugger to do without that childcare. We get out and about more in the summer, hiking, walking ect. But it’s hard to replicate the weight training. Although I have been remodeling a rental this month and just painted the ceilings in the whole house….that is a bit of a shoulder workout!

    • retirebyforty July 10, 2017, 8:55 pm

      There is a gym nearby with childcare, but there are not enough parking spots. It’s just too frustrating to go to that gym. I’ll just have to go back to working out regularly after the school year begins. Enjoy remodeling. 🙂

  • Friendly Russian July 10, 2017, 6:56 am

    Summer is fun time indeed, but as you motioned it’s harder to get the job done. I’ve started waking up at 5 am just to have enough time working on my blog and other side gigs. I have to tell you this, sir, IT WORKS.

    When you have 2-3 hrs that you can spend without being bothered, you can achieve a lot.

    We are planning to go to Mexico this fall/autumn as well, I hope we have enough points. If we don’t, we will skip this year and will try to go the next one.

    Are you going to buy a hotel and tickets separately or as a package though you Credit Card’s reward system?

    • retirebyforty July 10, 2017, 8:56 pm

      I’m just not a morning person. It’s much easier for me to stay up late and work on the blog. We’ll get flights and hotel separately. We have enough for flight. The hotel will be 4 nights at Hyatt and maybe 4 nights at an Airbnb.

  • Dads Dollars Debts July 10, 2017, 7:08 am

    Big update! Nice work. We have some similar goals. I just restarted kung fu (Wu Shu) and as soon as my son is old enough he will be joining me. Definitely going to check out the solar eclipse. As for finances. I am trucking along. Not quite as successful as you yet, but working towards it. Appreciate the update because it provides motivation for the rest of us.

    • retirebyforty July 10, 2017, 8:57 pm

      Great! Wu shu looks like fun. There are no sparring so it’s pretty easy for the kids. We might change to something else when he’s a bit older.

  • Mrs. Picky Pincher July 10, 2017, 7:10 am

    Gah, sorry about those fitness goals. But hey, we can’t win ’em all, huh? I know it’s easier said than done, but are there ways to incorporate fitness goals with your little one? Maybe riding bikes in the park together or going to a climbing wall?

    • retirebyforty July 10, 2017, 8:58 pm

      Well, we go to playground and play frisbee and ride bike. That kind of thing. I’ll try to do more.

  • Al July 10, 2017, 8:10 am

    Beyond excellent. Where is your bride exit plan?

    For probabilities to be significant, you need six samples.

    Metrics tell only one side of the story so learn,to enjoy the fruits of your labor. Also be prepared psychologically for when your bride comes home. Things will change.

    Good luck and best wishes.

    • retirebyforty July 10, 2017, 8:59 pm

      I’m not exactly sure at this point. She hasn’t specified the criteria yet. She’s just not as driven to retire as I was.

  • Duncan's Dividends July 10, 2017, 8:59 am

    Wow great year for the blog, congrats on the milestone. You’re going to be earning more than the average American Family just from the site which is amazing. Keep up the inspirational work!

    • retirebyforty July 10, 2017, 9:00 pm

      Thanks! I appreciate your support. 2017 has been a really good year for us.

  • The One In Debt July 10, 2017, 9:55 am

    Do you find Pinterest to be valuable in the personal finance realm? I’ve had great success with food and fitness blogs. But am curious if it actually works in driving traffic in the pf realm.

    • retirebyforty July 10, 2017, 9:01 pm

      Pinterest seems to work extremely well for some PF bloggers. I haven’t been able to get it going for us, though. I’m just not very good with social media in general.

  • Tim Kim @ Tub of Cash July 10, 2017, 11:11 am

    Nice online income Joe! I think you’re one of the few PF bloggers who actually make money. Other than Sam, Michael, and MAYBE a couple of others, I don’t think people make anything. I’m not sure what the secret sauce is. It can’t be just traffic. Because I get a ton of traffic, but I doubt once I switch the income button (ads, etc), money will start flowing in. We’ll see. I haven’t monetized yet. But I don’t see blogging as something that’ll be a big money maker for me personally. I don’t want to say never, but 100% fact I can make more money TODAY doing more of what I do on the side other than spending time blogging. But blogging is actually fun, and very therapeutic for me (which are completely different benefits). Again, congrats!

    • retirebyforty July 10, 2017, 9:02 pm

      I think a lot of established bloggers make more than I do. Traffic is a lot of it. You need to have good traffic to see conversions. Thanks!

  • Congrats on your progress. I posted mine a couple of days ago, but I didn’t increase my net worth or investments as much as you did. Hat’s off!

  • Darren July 10, 2017, 3:59 pm

    I’m starting to notice something. I’m paying too much on food! You only spent $444? Wow!

    What a great month in blogging income, Joe! I agree with Ernie, don’t pay for a website update. There’s got to be more ways you can optimize your site to squeeze out a few more bucks…

    • retirebyforty July 10, 2017, 9:05 pm

      $444 is groceries. We ate out once in June. 🙂

      • Darren July 11, 2017, 5:14 pm

        That’s dedication! My wife is cooking a whole lot more, but we eat out at least five times a month as a family, not including our solo excursions to grab lunch. Maybe by posting this monthly, I’ll start getting on track. The only reason this bothers me is that eating out doesn’t always taste good.

  • stephen July 10, 2017, 4:05 pm

    Great month! Are you going to be over the Roth IRA contribution income limits?

    • retirebyforty July 10, 2017, 9:05 pm

      I seriously doubt we’ll be over the Roth IRA income limit. We have various deductions so our gross income should be under the limit.

  • Mr. Need2Save July 10, 2017, 5:21 pm

    I’m still amazed by that blog income. I’m also interested to see how your RealtyShares income works out in the future. I’m giving some consideration to RealtyShares and PeerStreet.

    In regards to the drop off in fitness, maybe you could just to shoulder presses using RB40JR as the weight 🙂

    • retirebyforty July 10, 2017, 9:07 pm

      I’m thinking about PeerStreet too. I might try them out next.
      RB40Jr can’t stay still enough for that. He is really active.

  • The Grounded Engineer July 10, 2017, 7:38 pm

    Spending quality time with RB40 Jr definitely trumps working out. So don’t feel bad about that!! Keep up the great work, Joe. You are an inspiration for me when the blogging gets difficult.

    • retirebyforty July 10, 2017, 9:07 pm

      Thanks! I’ll just take it easy this summer and get back to serious workout in the fall.

  • GYM July 10, 2017, 9:47 pm

    Wow you did amazing this month! That’s so great that your online income has surpassed your wife’s active income. Also the picture of that dish looks amazing, you should start a Thai food blog! Or maybe start up another edition of Pok Pok in Portland.

  • Turning Point Money July 11, 2017, 6:33 am

    Great Job! Your online income is very inspiring. I can’t agree more that summer is the best time to retire early as I just pulled the trigger. We have many beach adventures with the kids in store this summer.

  • Dividend Diplomats July 11, 2017, 7:48 pm

    I mean, you are crushing your goals out of the park. And I love that you are successful in all facets of your goals and not just one aspect. Financial goals are in great shape and I can’t believe how much you have been able to contribute to tax advantaged accounts so far. It is great that you will knock that huge milestone out of the way. Also, I’m jealous of your trip to see the eclipse and I’m looking forward to seeing the pictures (You better post some!)

    The blog income is very impressive. I’ve read the comments about the banner ads and I don’t think the views on a monthly basis to receive a payment, but it is great to know there are alternative ad networks out there. Also – that is a crazy amount for affiliate income as well. Congrats on finding products that provide strong affiliate marketing programs!

    Keep up the great work and keep on motivating us.

    Bert

    • retirebyforty July 12, 2017, 9:16 pm

      Thanks! June was a really great month for us. July is much slower. Summer usually means slow traffic and less income.
      I don’t think I can photograph the eclipse. I will do some research.

  • Derek @ Money by Dad July 12, 2017, 9:46 am

    Great results so far! Hearing your success is super inspiring as our goal is to get to exactly where you are. Earn enough from alternative income streams to be a stay at home dad and let our lives dictate our work rather than work dictating our lives.

    Also love how you’ve laid out your goal tracking. Working as a commodity trader currently I recognize the psychological value of seeing the green vs red on a daily basis.

  • SMM July 12, 2017, 1:57 pm

    I’m not feeling Pinterest too much either. I’m trying to find a way to automate it more so I don’t have to manually pin. I know there’s a way. I just need to carve out time and learn it. Let me know if you figure out any tips and great job in June!

    • retirebyforty July 12, 2017, 9:14 pm

      I’m giving on the Pinterest goal. I just don’t know how to drive traffic from that platform.

  • Dividend Daze July 24, 2017, 1:19 pm

    I really need to open up some social media platforms. Pinterest seems promising from talking to others but I don’t like the concept. I have heard mixed reviews on it. Haven’t started on yet but who knows. Just need to get over the learning curve. Worth a shot right just to say you tried it?

    • retirebyforty July 24, 2017, 2:34 pm

      Yeah, try it out. I gave it a shot, but it just didn’t work out. Not enough bandwidth to give it 100%. Pinterest seems to work very well for female bloggers.

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