Starting Net Worth: $33,692
In July, we kept our focus on building up our wedding fund, doing everything we could to stockpile cash for the upcoming expenses. At the same time, we secured our wedding venue, which took a significant chunk out of what we had saved so far.
On the investment side, we also made additional contributions to our Roth IRAs, seeing 2022 as a great opportunity to buy while the stock market was down. While the timing of our contributions wasn’t perfect, as the market continued its downward trend into the Fall, it’s a good reminder that trying to time the market is where many people go wrong. The best approach is to take advantage of opportunities when they present themselves, rather than waiting for the "perfect" moment. As I look back at this from 2025, I think about how I wish I could have invested more into the market at the time, rather than wishing I had held off and tried to time the market.
Ending Net Worth: $38,899
None of the above information is a recommendation. This blog is purely intended as commentary on things that have happened along our financial journey.