Here's an updated look at our numbers.
INVESTMENTS: Up $13k – we'll take it! Not that it means anything, but it is fun to see that number over $300k for the first time. We haven't made any changes to our allocations and keep contributing to my 401k. I like to keep this pretty boring, if you haven't noticed.
CARS/HOUSE: Nothing really to report here – over time, I expect cars to depreciate and real estate to appreciate and they both moved in the expected directions this month.
Speaking of real estate – while letting the kids get some energy out at a playground near our London apartment, I struck up a conversation with some teenagers who lived nearby and were hanging out at the park. They found me to be a novelty (an American staying in their neighborhood instead of a more 'posh' part of town), and I found them to be pretty remarkable too (teenagers who were incredibly informed about the world around them, including the American political system and even the platforms of our current candidates). The topic of real estate came up and they asked me how much I thought a particular nearby house would cost if it were located in my home town. It was a smallish condominium similar to the one we were renting and I guessed that it would be worth a few hundred thousand dollars in an expensive part of town. I just about lost my lunch when they told me that it had recently sold for 1.5 million pounds! That's like $2 million and we were nowhere near the 'posh' part of town. I seriously don't understand how families can afford to live there.
MORTGAGE: We still paid a little extra on our mortgage this month but reduced the extra to make sure we didn't have to dip into savings for some of the other large expenses. Our current expected payoff for the mortgage is June 2022, but that has been creeping forward as we continue to increase the extra payments we are making.
It's nice to back on this side of the pond and back to reality. We are blessed to be able to have experiences like our recent trip while still working towards our other financial goals and not at their expense as I'm afraid is more common. We've come a long way but still have a ways to go for full financial freedom.