June Wrap Up

Welcome to The Smart Fi June Wrap Up.

This is a chance to see what the site has accomplished in the past month and a chance for me to share with you, the progress our family is making as we march towards financial independence.

If this is your first time to thesmartfi.com and you are not familiar with our family’s story check out my About Page. 

For The Smart Fi Blog, June was dedicated to the June Weight Loss Challenge. I created this challenge to inspire my friends and fellow bloggers to remember the importance of health while also hustling with the personal finance game.

There is no point in reaching FI or retiring early if you get there by sacrificing your health. Interestingly enough, I have found the same people that are motivated to attain financial independence are also motivated to live a healthy life.

There were a total of 6 posts that I published in the Healthy June series.

 

Financially speaking June was another average month. With the arrival of summer and much nicer weather here in the Pacific Northwest, I have not worked any extra shifts at work. This is reflected in the decreased contributions to our investment accounts. But, I’m alright with enjoying the summer.  Trips to the beach and barbecuing in the evenings make work seem a little less palatable this time of year.

Cliff notes version.  I didn’t save as much in June because I didn’t work as much.

Twitter And Instagram

  • Current Twitter followers 1220. Follow me on twitter here. 
  • You can also follow me on Instagram here.

The Smart Fi Traffic

Thesmartfi.com had 1,746 page views in June. This was a month over month increase of 46.7% over May. June is my new high water mark for page views. Rumor on the street is that blogging traffic tends to dip in the summer. With increased outdoor activities and nicer weather, people are just not as interested in reading about my financial journey. In June, I believe I was able to buck this trend by increasing the number of posts I published.

I have anticipated that traffic will fluctuate up and down throughout the year. I plan to continue writing blog posts that I think will help solve financial problems for readers.

The Smart Fi website had 1,746 page views for June. An increase of 556 page views over May. This is 58.2 pageviews per day on average.

  • Friday, June 22, was the busiest page view day of the month with 87 page views. There were no days in June that broke the century page view mark. Boo!

Income Report

I had $33.59 from Google Adsense in June. $33 of blog income was an anomaly. I usually receive around $5 per month in Adsense income, so I was shocked to see I earned 6 times that amount.

I’m not sure what happened but I’m grateful for the extra income. My one income goal for this blog in 2018 was to earn enough to cover the cost of keeping the website operating into 2019.

The funny thing about Google Adsense is that you don’t receive any money until you cross the $100 threshold. I am about half way there and I hope to get my first $100 check around the same time I have to pay for the annual web hosting fee to keep this website up and running. I have about 5 more months to come up with $50 to break even on expenses. Adsense is currently the only source of income for the blog. If you clicked on an advertisement in June, you are a generous soul, because that is how this blog earns money.

Challenges

Buy nothing challenge

I have been able to maintain my Buy Nothing Challenge for 2018. Really it should be called the Buy Nothing for myself  Challenge.

For Fathers Day my wife bought Apple Bluetooth ear pods for me. My wife’s love language is gifting. She knew I have been wanting wireless ear pods for over a year but would probably never buy them for myself.  She worked extra hours at work to pay for my gift. So no more earbuds ripped out of my ear when I catch the cord with my hands while running. I hate that!

Back in May, I was featured in an interview on the blog Count Down to Tranquility. In the interview, I detailed my progress in the 2018 Buy Nothing Challenge. You can read my Count Down to Tranquility interview by clicking here.

Healthy June Challenge

I have hosted two fitness challenges in my young life as a blogger, the February Plank Challenge, and the June Weight Loss Challenge. They both have been so much fun, but the June fitness challenge takes the cake. I love interacting with other bloggers and the crowd-sourced motivation. I was able to lose 7.8 pounds in June through increased exercise, and eating healthier. I am not sure what or when the next fitness challenge will come but I’m sure I will think of something.

5 million Step Challenge

We are just over the halfway mark in the 5 million step challenge hosted by the blog mysonsfather.com. I racked up 524,756 steps in June. For 2018 (through June 30th) I have 2,560,993. I am on pace to hit the 5 million steps goal but there will be no room for slacking.

2018 Financial Goals Reviewed

January first, I laid out my lofty financial goals for  2018. Here they are:

  1. Max out both Mrs. Smartfi’s  and my  401 k’s = $37,000*
  2. Max out both Mrs. Smartfi’s and my Roth IRA = $11,000
  3. Max out family HSA = $6900**
  4. Contribute $10,000 to taxable brokerage account at Vanguard for my hybrid mortgage payoff plan.
  5. Add $300 dollars per month to the mortgage payment. This gets me to $20,000 of mortgage principle pay down per year. Current mortgage balance $235,000.

* 401k and 403b contribution limit increased $500 for 2018 to $18,500 in 2018.

** HSA limit increased $150 for 2018 to $6900 for a family for 2018.

Let’s add this up

37,000 + 11,000 + 6,850 + 10,000 + 3,600 = $68,450 savings/investments in 2018

In June this is where I allocated our family’s capital:

  • $3,312.03 to 403b’s
  • $846.12 to Roth IRA’s
  • $440 to HSA
  • $900 to Vanguard taxable account
  • $2,749.76 paid towards mortgage principal
 May ContributionRunning 2018 Total Contribution2018 Goal
403b's$3,312.03$28,721$37,000
Roth IRA's
$1,269.18$5,499.24$11,000
HSA$440$4,239$6,850
Vanguard Taxable account
$900$9,006$10,000
Mortgage principal$2,749.76$13,030.16$20,000
monthly savings rate (%)47.2%

Our family is on pace to knock down our 2018 financial goals like dominos.

Featured blog

Welcome Tread Lightly Retire Early and quite possibly, the nicest blogger on the internet.

Angela is a fellow Pacific Northwest native who hates most seafood, loves to garden, cook, hike, camp, run, read, and explore, while lightening my impact on the planet in everything I do. She leads by example and chooses to run to work, (6 miles) one day each week.

Angela focuses on financial independence and the freedom it affords but is not necessarily concerned about retiring early.

Tread Lightly Retire Early blog just turned one year old. You can read her one-year anniversary post by clicking here.

Inspiration comes in many forms and Tread Lightly Retire Early will provide you with loads of inspiration to be a better version of yourself.

 

 

6 thoughts on “June Wrap Up

  1. Ah I may just use this recap about my blog here on out because you’ve recapped me better than I ever have 😂😂

    And I have no idea how Adsense works – do you get money paid out just for someone clicking on the ad, or do they have to stick around/do something beyond that?

    1. The actual 50% mark remains elusive for our family. We get very close, mostly through increased income by working OT and then saving it or paying down our home mortgage. Honestly, if you just get in the habit of banking raises and or bonuses the increased savings rate grows faster than you would imagine.

    1. Thank you BBSS, you are very kind. The text color can be changed in word press in the toolbar above the text area while composing your post. If you can’t figure it out, send me an email and I can take some screen shots for you.

Leave a Reply

Your email address will not be published. Required fields are marked *