Net worth, the options wheel, budgeting, and the real numbers behind your money.
Every expired call and every lot called away is a taxable event, and none of it is long-term. What that does to a weekly wheel, and the two dates I watch now.
I ran AMD monthly and SOFI weekly with the same strategy in the same account. One took a minute to record. The other quietly ate my Sundays.
She counts the transfer into savings as the expense. I count the spending in Hawaii. We are both right, because we are reading different statements.
A bank feed gives you a merchant, a date, and an amount. It cannot tell you what you actually bought, which is the question your budget depends on.
How the options wheel works, from cash-secured puts to assignment to covered calls, and why a brokerage statement can't tell you what it's really earning.
The part of me that wants to VTI and chill, the part that wants to do something, and how the options wheel satisfied both until tracking it by hand fell apart.
How my idea of wealth grew up, from a kid picturing a pool of gold coins, to assets minus debt, to just wanting one honest number I could watch climb over time.
How my budgeting grew up with me, from covering the car payment to a category-and-goal system that finally got too heavy to manage by hand.
I was tired of piecing my family's financial picture together across spreadsheets, brokerage statements, and a dozen browser tabs. So I built one tool.
Occasional writing on net worth, the options wheel, and budgeting. No spam, unsubscribe anytime.
