Race from 10 to 100k!!

[starjay]

May update!
January 2017:  54,765.72
February 2017: 58,616.88
March 2017:    62,304.54
April 2017:    63,589.66
May 2017:      65,736.47

[starjay]

Date	Networth
9/1/2014	$14,865.26
10/1/2014	$17,982.66
11/1/2014	$17,949.24
12/1/2014	$19,967.23
1/1/2015	$25,504.84
2/1/2015	$28,305.81
3/1/2015	$30,322.90
4/1/2015	$33,248.29
5/1/2015	$34,786.85
6/1/2015	$36,579.20
7/1/2015	$33,108.30
8/1/2015	$35,569.17
9/1/2015	$37,759.70
10/1/2015	$41,566.54
11/1/2015	$53,256.44
12/1/2015	$55,006.39
1/1/2016	$57,428.23
2/1/2016	$49,870.20
3/1/2016	$51,558.33
4/1/2016	$57,205.08
5/1/2016	$61,094.49
6/1/2016	$62,583.92
7/1/2016	$63,773.08
8/1/2016	$61,092.88
9/1/2016	$57,409.45
10/1/2016	$61,749.82
11/1/2016	$61,600.48
12/1/2016	$64,511.60
1/1/2017	$70,030.75
2/1/2017	$72,661.12
3/1/2017	$78,557.23
4/1/2017	$95,995.00
5/1/2017	$98,922.26
5/15/2017	$100,200.00

Graduation!

Whoo-hoo! Congrats!

[starjay]

Finally able to join! Hopefully it'll continue to snowball.

2/1/2017 - ($6,832)
3/1/2017 -   $66
4/1/2017 - $ 6,298
5/1/2017 - $12,179

This is great progress! Go you!

[Slow&Steady]

I only really track my 401k balance (at end of month) and only for the last couple years. 

In my 20s I put something like 10% in and thought I was doing great (better than average), we also tackled 1 student loan, 2 car loans, credit card debt, and bought our 1st home (now a rental).  For the last several years I have only been putting 6% (plus a company match) into the 401k, while we saved for a wedding, down payment on a house, started a family, went to 1 steady income and 1 self employed income, and are continuing the last student loan.  We are still working on paying off my last student loan and building the self employed income but I am really hoping to hit $100k in the 401k sometime in 2018, if the self employed income starts taking off and we can contribute more to an IRA I will add that into the calculations too.

I did do a quick back of the envelope net worth calculation that included debt, primary and rental home value, and vehicle value and that put net worth around $150k, but since I don't regularly track that stuff I don't want to join the next group until the retirement accounts are above $100k.

I have been watching my 401K closer than usual because I was so close to that $80k mark and man has it gone up and down all month but today I crossed it!  I know that it might go back under that mark tomorrow but for today it is over it, and next week when my contribution goes in it should be over it for good!!

                    401K          IRA          Total
Dec 2013:   $43,660     $0           $43,660
Dec 2014:   $52,943     $0           $52,943
Dec 2015:   $55,622     $0           $55,622
Dec 2016:   $68,870     $700       $69,570
Feb 2017:   $74,784      $700       $75,484
 4/11/17:    $76,834     $1002      $77,836
Apr 2017:   $78,946      $1026     $79,972
 5/24/17:    $80,007     $1040      $81,047

[MVal]

Sitting at $99,500 today...I'm just a day's market jump or two away from the moment I've been waiting three years for. Could even be today! I wonder how I'll celebrate...I'm tempted to have a fancy dinner or buy something nice for myself, but wonder if that would be antithetical to the victory, lol.

[Trifele]

That is great, MVal!!!  As a mustachian it is hard to know how to celebrate such things, ha ha.  At the very least you can post it here and know that your fellow mustachians are celebrating with you.

[HabitualLineStepper]

I am happy to join this race from 10 to 100k! 

Here is my current standing.

Other savings: $1,920.22
Emergency fund: $,15,000.00
IRA: $9,294.88
Debts: $0

Net worth: $26,215.10

Game on!

[Trifele]

Welcome HLS!   

[Mezzie]

I graduated!

$102,235

🎉

[SingleMomDebt]

I graduated!

$102,235

Woo hoo! Congrats.

[Trifele]

I graduated!

$102,235

Woo hoo! Congrats.

Yay!!  You rock!!! 

[frugalwitch]

Currently at 86k but I'm going to buy a cruise and get my wisdown tooths out so it's going to go down next month :(. 78k to 86k since january !

Did the cruise (2250$), got my wisdom tooths out (1350$). NW is now at 87k.  Got a second job so I'm hoping I'll be able to increase my income a bit.

[dreadmoose]

2016-10-01    $51,413
2016-11-01   -$25,621*
2016-12-01   -$25,405
2017-01-01   -$25,189
2017-02-01   -$24,977
2017-03-01   -$21,759
2017-04-01   -$15,838 [Quit Job - Started Consulting Business]
2017-05-01    $7,477
2017-06-01    $16,623

A great progress month, starting focusing on reducing spending. No tangible benefits yet but a slow strategy/ mind-shift is in the works.

Future:

Contemplating taking profits out of the business weekly instead of bi-weekly to increase time in market
Researched a bit about the Smith Manoeuvre to use the equity from the condo once I am done in TFSA/RRSP investments

[BeautifulDay]

I've been over and under $100k all month.  But I didn't want to post here until I knew for sure that I could end the month over the magic number.  I'm going to scrape by at $100,421 for the end of May. So excited to be working towards $250k.

[Trifele]

I've been over and under $100k all month.  But I didn't want to post here until I knew for sure that I could end the month over the magic number.  I'm going to scrape by at $100,421 for the end of May. So excited to be working towards $250k.

Congratulations, Beautiful Day!!! 

[felixbf]

So close... 97 582 ...Company bonus next week should put me way over 100 000 ..

[cashmoney]

I want to get into this race.  My current net worth is $82,123.14 as of today.  I think I can get to $100,000 by the end of the year.

5/31/2017: $83,416.85

That is a growth of $1,293.71.  Which puts me on pace to reach $92,500ish by the end of the year.  BUT I get a big 401k contribution in July and 2 bonuses (June and December) which should put me over the 100k mark.  That's exciting.

[lamil]

March 2016: 8152.00
April 2016: 10915.00
Today(April 26th): $19516.00
May 31, 2016: $22,693
June 30, 2016: $27,496
July 31, 2016: $31,297
August 31, 2016: $34,286
September 30, 2016: $32,870 *new driveway
October 31, 2016: $36,980
November 30, 2016: $41,765
December 31st, 2016: $44,852
January 31st, 2017: $49,533
February 28th, 2017: $53,250
March 31st, 2017: $71,742
April 28th, 2017: $75,857

May 31st, 2017: $79,166

[merlin7676]

Mmmm a lot of graduates this month. Pleased to say I'm one of them as well!
Good Luck to the rest of you and I'll see you in the 100K-250K soon I hope!

Dec-15   $47,513.96
Jan-16   $44,058.68
Feb-16   $46,830.84
Mar-16   $58,923.60
Apr-16   $62,829.27
May-16   $64,177.27
Jun-16   $65,378.17
Jul-16   $70,092.21
Aug-16   $70,534.23
Sep-16   $73,742.76
Oct-16   $74,282.52
Nov-16   $77,284.23
Dec-16   $80,583.50
Jan-17   $84,085.00
Feb-17   $88,759.35
Mar-17   $93,104.53
Apr-17   $97,055.03
May-17   $100,655.06

As always this doesn't include my house as I don't consider it an asset unless/until I sell it.

[ingrownstudentloans]

January 1,2017: (10,116.43) - artificially low by about $5,000 due to missing Mint account
February 1, 2017: 12,032.52 - bonus plus tax return (married in late 2016 but had been withholding as single for most of the year) plus adding some accounts to Mint
March 1, 2017: 15,032.52
April 1, 2017: 20,214.77
May 1, 2017: 26,821.87

June 1, 2017: 32,073.88

[FIREGuy]

Missed a couple months but back in the swing of things now. Some more home repairs but things have leveled out for now.

Oct 2016 - $17,457
November 2016 - $35,747
December 2016 - $39,657
January 2017 - $45,491
February 2017 - $47,327
March 2017 - ?
April 2017 - ?
May 2017 - $62,565

[starjay]

Mmmm a lot of graduates this month. Pleased to say I'm one of them as well!
Good Luck to the rest of you and I'll see you in the 100K-250K soon I hope!

Dec-15   $47,513.96
Jan-16   $44,058.68
Feb-16   $46,830.84
Mar-16   $58,923.60
Apr-16   $62,829.27
May-16   $64,177.27
Jun-16   $65,378.17
Jul-16   $70,092.21
Aug-16   $70,534.23
Sep-16   $73,742.76
Oct-16   $74,282.52
Nov-16   $77,284.23
Dec-16   $80,583.50
Jan-17   $84,085.00
Feb-17   $88,759.35
Mar-17   $93,104.53
Apr-17   $97,055.03
May-17   $100,655.06

As always this doesn't include my house as I don't consider it an asset unless/until I sell it.

Congrats on your graduation! Have fun over in the next thread! :)

[LawBookstore]

First time checking in! Here's what the last few months have looked like:

1/1/17: $50,628
2/1/17: $54,828
3/1/17: $56,100
4/1/17: $60,393
5/1/17: $63,775
6/1/17: $67,020

I may have an expensive summer coming up (buying a car for the first time, moving long-distance, possible break between jobs), but here's hoping I can stay on track for my goal of $80k at year's end. And then $100k before my 27th birthday in 2018!

[SingleMomDebt]

Woohoo, I am #1 on the spreadsheet (temporarily, of course. let me bask in my glory for a few moments. LOL). I updated spreadsheet so you can enter your 5/31/17 NW # - see post #1 for link to doc)

[LurkerStache]

Sep 2016: 51598.42
Oct 2016: 54210.76
Nov 2016: 57821.07
Dec 2016: 59471.44
Jan 2017: 63,813.13
Feb 2017: 66,722.32
Mar 2017: 70,782.46
Apr 2017: 73,027.41
May 2017: 76,803.28

[Bart1ma3u5]

7/1/2014    $(5,000.00)
8/1/2014    $(4,172.00)
9/1/2014    $(1,028.00)
10/1/2014    $27.00
11/1/2014    $1,499.00
12/1/2014    $3,965.00
1/1/2015    $6,200.00
2/1/2015    $9,608.00
3/1/2015    $13,460.00
4/1/2015    $13,621.00
5/1/2015    $16,002.00
6/1/2015    $18,752.00
7/1/2015    $16,873.00
8/1/2015    $27,693.00
9/1/2015    $28,364.00
10/1/2015    $31,000.00
11/1/2015    $36,549.00
12/1/2015    $38,978.00
1/1/2016    $45,436.00
2/1/2016    $44,712.00
3/1/2016    $47,800.00
4/1/2016    $53,205.00
5/1/2016    $57,500.00
6/1/2016    $57,100.00
7/1/2016    $59,000.00
8/1/2016    $60,000.00
9/1/2016    $63,288.00
10/1/2016    $64,200.00
11/1/2016    $66,165.76
12/1/2016    $69,165.00
1/1/2017    $77,441.00
2/1/2017    $80,546.00
3/1/2017    $86,211.00
4/1/2017    $91,562.00

$93,012 Wedding expenses cut into a large amount of this months savings. Hopefully I should still be able to make it by June or July.

$95,556 Still moving forward but not as much as I expected or would like due to more spending than anticipated.

Woohoo, I am #1 on the spreadsheet (temporarily, of course. let me bask in my glory for a few moments. LOL). I updated spreadsheet so you can enter your 5/31/17 NW # - see post #1 for link to doc)

Thanks for keeping that updated! I was wondering who was doing it. I took the #1 spot from you but hopefully will move on and leave it wide open to you soon!

[mustache you a question]

Jan 2017 - 9,926
Feb 2017 - 15,869
March 2017 - 21,618
April 2017 - 22,738
May 2017 - 29,255
June 2017 - 30,880

Little less growth than I would have liked this month, mainly due to 2 different trips that I took in May.  Already had cash saved up for those trips though, so overall not terrible!

[Middlesbrough]

May-14   $6,441.86
Jun-14   $12,840.96
Jul-14   $14,228.51
Aug-14   $16,568.94
Sep-14   $16,405.37
Oct-14   $17,647.11
Nov-14   $19,157.57
Dec-14   $24,216.76
Jan-15   $23,530.54
Feb-15   $27,169.76
Mar-15   $28,499.94
Apr-15   $33,976.39
May-15   $36,996.25
Jun-15   $37,354.83
Jul-15   $38,049.54
Aug-15   $41,356.71
Sep-15   $37,125.71
Oct-15   $43,377.98
Nov-15   $44,193.60
Dec-15   $51,724.61
Jan-16   $44,780.99
Feb-16   $49,644.72
Mar-16   $57,134.73
Apr-16   $60,206.90
May-16   $61,049.20
Jun-16   $63,487.87
Jul-16   $67,345.32
Aug-16   $74,569.29
Sep-16   $75,910.62
Oct-16   $75,328.98
Nov-16   $79,324.56
Dec-16   $85,756.02
Jan-17   $91,589.01
Feb-17   $92,770.78
Mar-17   $97,514.61
Apr-17   $98,337.84
May-17   $100,028.41

I have graduated! I took a hard dip at the end of the month and almost didn't make it.

Keep up the good work everyone!

[Epor]

Congrats to all graduates!

My update:

(RothIra + 401k + Mutual Funds)   
3/1/2017   58135.00
4/1/2017   60236.00
5/1/2017   62819.00
6/1/2017   67033.00

[MVal]

YAASSSSS! I made it! Graduation!!

NW balances at the beginning of each month this year:

Jan 2017 - 84,200
Feb 2017 - 88,000
March 2017 - 92,800
April 2017 - 93,500
May 2017 - 97,800
May 31st, 2017 - 100,200

At the beginning of the year, I projected I would hit $100K by mid June, but I managed to hit it by the last day in May! So happy! Well, on to the next level, see you all there soon!

[Rodgers12]

07/31/2015: $36,978
08/31/2015: $34,949
09/30/2015: $35,722
10/31/2015: $37,797
11/30/2015: $39,424
12/31/2015: $42,763
01/31/2016: $44,656
02/29/2016: $47,521
03/31/2016: $51,770
04/30/2016: $55,260
05/31/2016: $58,756
06/30/2016: $58,646
07/31/2016: $64,525
08/31/2016: $66,682
09/30/2016: $68,877
10/31/2016: $68,616
11/30/2016: $69,541
12/31/2016: $74,813
01/31/2017: $89,057  - Large Increase was due to purchasing a house and was gifted 9k in equity.
02/28/2017: $90,528
03/31/2017: $97,483
04/30/2017: $98,749
05/31/2017: $101,116

Haven't felt this accomplished since I paid off all of my student loans almost 2 years ago! Next up the 100 to 250k goal!
Congrats to everybody who graduated this month and Keep up the good work everyone!
Hope to see you all in the next thread.

[Pooperman]

Seems like May 2017 was a large graduation month (and not just for college folks)!

[seventytimes7]

Great job to everyone who graduated! It helps put it all in perspective for those of us just starting out.

My growth is on the right track, but a little less than I wanted for the month. I have a bunch of outstanding work reimbursements that should hit next week, all of which will go into savings.

2/1/2017 - ($6,832)
3/1/2017 -   $66
4/1/2017 - $ 6,298
5/1/2017 - $12,179
6/1/2017 - $17,418

[starjay]

Woohoo, I am #1 on the spreadsheet (temporarily, of course. let me bask in my glory for a few moments. LOL). I updated spreadsheet so you can enter your 5/31/17 NW # - see post #1 for link to doc)

Whoo for the (temporary) #1 spot! :) And thanks for the reminder...I just added myself to the spreadsheet.

[Trifele]

Congratulations grads!!! 

[onecoolcat]

I'll throw down.

June 1, 2017 - $51,115 [$83.8k in investments and $32.7k in 0% liabilities (loan from wife & monthly credit card balance)]

I expect it will be a crawl for the next few months due to having a 4 month old and my wife being a stay at home mom (by choice) for the foreseeable future. 

[Milkm4n]

May Update

Dec 2017 - 45,241
Jan 2017 - 55,143
Feb 2017 - 58,239
Mar 2017 - 69,145
Apr 2017 - 74,332
May 2017 - 77,876

Pretty standard month for me. No major amount of overtime. A little electrical work done, but no other unusual expenses. Company shares did well, but eventually would like to switch over to etfs as they account for over half of my net worth right now.
Congrats to all the recent graduates 👍

[Epor]

May Update

Dec 2017 - 45,241
Jan 2017 - 55,143
Feb 2017 - 58,239
Mar 2017 - 69,145
Apr 2017 - 74,332
May 2017 - 77,876

Pretty standard month for me. No major amount of overtime. A little electrical work done, but no other unusual expenses. Company shares did well, but eventually would like to switch over to etfs as they account for over half of my net worth right now.
Congrats to all the recent graduates 👍

OMG! You added 32k in 6 months! You will be in the next race in no time, it's awesome.

[Milkm4n]

Thanks Eporedia :)
My increases have been driven by massive amounts of overtime and a nice tax return this year. Monthly gains should slow down over the summer months. Goal is to hit 100k by the end of the year, with a stretch goal of 110k.

[beantown]

Dec 2017: $16.4K
Jan 2017: $21.8K
Feb 2017: $28.8K
Mar 2017: $35.1K
Apr 2017: $40.9K
May 2017: $47.9K

Good month in the markets and continued my usual savings despite the 2 week vacation I just took. Yay to YNAB for planning and smoothing sporadic spending.

[JuicyCrab]

Sounds fun!

Invested Liquid Assets

Mar-16    $1,906
Apr-16    $5,579
Jun-16    $17,900
Jul-16    $18,614
Aug-16    $22,242
Sep-16    $22,789
Oct-16    $20,703
Nov-16    $27,893
Dec-16    $33,855
Jan-17    $38,492
Feb-17    $40,308
Mar-17    $45,551
Apr-17    $51,170
May-17    $58,076

[ptgearguy]

Going to jump into the race. Feels great to be working up for a change :)
I am currently only counting invested assets and savings and not counting house as it is my home and not really very liquid :)

May 5th, 2017 Questrade: 18534; Tangerine: 2054 RRSP and 4482 in savings: Total: 25070

June 3, 2017: 28360

[ptgearguy]

Just wanted to add and say congrats to all those that made it to the 100k mark in the last week :D. I hope I see you guys in the next thread :)

[prickly_turing]

Jan 1 2017   $53743
Feb 1 2017   $59995
Mar 1 2017   $65150
Apr 1 2017   $70592
May 1 2017   $76536
Jun 1 2017.  $84427

Greater than average increase was due to RSU vesting.  Next month should be back to the usual.  Its looking like I may reach 100k around September 1.

[Trifele]

Sounds fun!

Invested Liquid Assets

Mar-16    $1,906
Apr-16    $5,579
Jun-16    $17,900
Jul-16    $18,614
Aug-16    $22,242
Sep-16    $22,789
Oct-16    $20,703
Nov-16    $27,893
Dec-16    $33,855
Jan-17    $38,492
Feb-17    $40,308
Mar-17    $45,551
Apr-17    $51,170
May-17    $58,076

Welcome JuicyCrab! Man, you have picked up the pace month over month. Nice job!

[Slow&Steady]

I only really track my 401k balance (at end of month) and only for the last couple years. 

In my 20s I put something like 10% in and thought I was doing great (better than average), we also tackled 1 student loan, 2 car loans, credit card debt, and bought our 1st home (now a rental).  For the last several years I have only been putting 6% (plus a company match) into the 401k, while we saved for a wedding, down payment on a house, started a family, went to 1 steady income and 1 self employed income, and are continuing the last student loan.  We are still working on paying off my last student loan and building the self employed income but I am really hoping to hit $100k in the 401k sometime in 2018, if the self employed income starts taking off and we can contribute more to an IRA I will add that into the calculations too.

I did do a quick back of the envelope net worth calculation that included debt, primary and rental home value, and vehicle value and that put net worth around $150k, but since I don't regularly track that stuff I don't want to join the next group until the retirement accounts are above $100k.

My goal is $90k by the end of year, I am starting to think I might actually hit that goal.

                    401K          IRA          Total
Dec 2013:   $43,660     $0           $43,660
Dec 2014:   $52,943     $0           $52,943
Dec 2015:   $55,622     $0           $55,622
Dec 2016:   $68,870     $700       $69,570
Feb 2017:   $74,784      $700       $75,484
 4/11/17:    $76,834     $1002      $77,836
Apr 2017:   $78,946      $1026     $79,972
 5/24/17:    $80,007     $1040      $81,047
 6/05/17:    $82,048     $1057      $83,105

[viverl]

06/2014  2.500€
09/2016  43.882,85
12/2016: 48.143,58
01/2017: 50.380 €

update:
06/2017: 57.191,37

[monstermonster]

3/1/2016: $10,106
4/1/2016: $10,624
5/1/2016: $14,504
6/31/2016: $18,193
7/30/2016: $19,296
8/30/2016: $21,334
10/23/2016: $18,326 <-- Quit job, started business
11/31/2016: $16,259
12/31/2016: $18,386
1/31/2017: $17,583
2/28/2017: $24,430
3/31/2017: $23,243
4/30/2017: $22,071
5/30/2017: $22,459
6/03/2017: $22,803 <--- took my first paycheck from my own business(!) $1000

This graph is pretty fun, bare in mind that I'm making about $25,000 annually right now, highest income in past 2 years was $3,750/month gross for 3 months last year.

[BeautifulDay]

6/03/2017: $22,803 <--- took my first paycheck from my own business(!) $1000

Congrats! Quite the milestone.

[JuicyCrab]

Sounds fun!

Invested Liquid Assets

Mar-16    $1,906
Apr-16    $5,579
Jun-16    $17,900
Jul-16    $18,614
Aug-16    $22,242
Sep-16    $22,789
Oct-16    $20,703
Nov-16    $27,893
Dec-16    $33,855
Jan-17    $38,492
Feb-17    $40,308
Mar-17    $45,551
Apr-17    $51,170
May-17    $58,076

Welcome JuicyCrab! Man, you have picked up the pace month over month. Nice job!

Thanks dude!

When all seems grim the MMM forums give a lot of financial support (both application and mentally), these types of threads are awesome.