Probably because of the training exemption that I mentioned.
With a 120k training exemption and only -13k weekly loss, it's definitely the training exemption preventing overextension.
Whether the soon to be 45k trainer is worth that money is probably the biggest question the OP needs to consider. If he's comfortable with the 888k reserves he has and the slow burn he's undergoing (once out of the Cup), there's no need for concern.