Author Topic: Race from 10 to 100k!!  (Read 1338476 times)

adizb

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Re: Race from 10 to 100k!!
« Reply #1250 on: July 02, 2017, 01:47:27 PM »
hey i'd like to join =) do we still use the spreadsheet on OP ? can i just plop myself in there?

SingleMomDebt

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Re: Race from 10 to 100k!!
« Reply #1251 on: July 02, 2017, 02:13:33 PM »
hey i'd like to join =) do we still use the spreadsheet on OP ? can i just plop myself in there?

Yup. Just plop yourself there. :)

beantown

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Re: Race from 10 to 100k!!
« Reply #1252 on: July 02, 2017, 02:33:00 PM »
Dec 2017: $16.4K
Jan 2017: $21.8K
Feb 2017: $28.8K
Mar 2017: $35.1K
Apr 2017: $40.9K
May 2017: $46.9K
June 2017: $51.8K

Finished the first half the year above $50K. Halfway to $100K!

seventytimes7

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Re: Race from 10 to 100k!!
« Reply #1253 on: July 03, 2017, 09:14:15 AM »
2/1/2017 - ($6,832)
3/1/2017 -   $66
4/1/2017 - $ 6,298
5/1/2017 - $12,179
6/1/2017 - $17,418
7/1/2017 - $21,303

Epor

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Re: Race from 10 to 100k!!
« Reply #1254 on: July 03, 2017, 10:28:26 AM »
3/1/2017   58135.00
4/1/2017   60236.00
5/1/2017   62819.00
6/1/2017   67020.00
7/1/2017   69557.55

Epor

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Re: Race from 10 to 100k!!
« Reply #1255 on: July 03, 2017, 01:49:36 PM »
Dec 2017: $16.4K
Jan 2017: $21.8K
Feb 2017: $28.8K
Mar 2017: $35.1K
Apr 2017: $40.9K
May 2017: $46.9K
June 2017: $51.8K

Finished the first half the year above $50K. Halfway to $100K!

Wow! 30k in 6 months... That is amazing!

Trifle

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Re: Race from 10 to 100k!!
« Reply #1256 on: July 03, 2017, 05:52:57 PM »
Belated welcome to you Nairobi!   You also will not be with us long, looks like.   Great job!

Beantown and 70times7 -- you are both killing it.  Wow -- very nice progress!

prickly_turing

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Re: Race from 10 to 100k!!
« Reply #1257 on: July 03, 2017, 06:37:41 PM »
Jan 1 2017   $53743
Feb 1 2017   $59995
Mar 1 2017   $65150
Apr 1 2017   $70592
May 1 2017   $76536
Jun 1 2017   $84427
Jul 1 2017    $89247

Had unexpected dental bills in June.  Given the historical trend this year, it'll be tight getting to 100k on Sept 1.  It may be plus or minus a few hundred dollars.  Sounds like a good excuse for strategic frugality.

JuicyCrab

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Re: Race from 10 to 100k!!
« Reply #1258 on: July 03, 2017, 07:00:22 PM »
Liq invested assets month ending

Dec-15    $5,000.00
Jan-16    $4,775.00
Feb-16    $2,329.00
Mar-16    $1,900.00
Apr-16    $5,560.00
May-16    $12,000.00
Jun-16    $17,841.00
Jul-16    $18,552.00
Aug-16    $22,168.00
Sep-16    $22,713.00
Oct-16    $20,634.00
Nov-16    $27,800.00
Dec-16    $33,743.00
Jan-17    $38,364.00
Feb-17    $40,174.00
Mar-17    $45,400.00
Apr-17    $51,000.00
May-17    $57,883.00
Jun-17    $64,332.00
« Last Edit: July 03, 2017, 07:02:56 PM by JuicyCrab »

Nairobi

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Re: Race from 10 to 100k!!
« Reply #1259 on: July 03, 2017, 10:22:21 PM »
Belated welcome to you Nairobi!   You also will not be with us long, looks like.   Great job!

Beantown and 70times7 -- you are both killing it.  Wow -- very nice progress!

Thank you Trifele! I originally predicted to hit 100k at the end of September but I was being conservative. I did not account for market gain, employer match to 401k, or overtime. I decided to chase FI due to unstable job. However, I'm glad the job is unstable because that uncomfortable feeling continues to be a great motivator for me.

Congrats to everyone and I look forward to seeing more graduates soon.

senorpanqueque

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Re: Race from 10 to 100k!!
« Reply #1260 on: July 04, 2017, 05:34:53 PM »

Oct-15   $11,131.65   -$4,622.42   $6,509.23
Nov-15   $12,323.24   -$778.01   $11,545.23
Dec-15   $16,413.13   -$1,417.11   $14,996.02
Jan-16   $18,947.19   -$1,221.32   $17,725.87
Feb-16   $22,788.60   -$941.23   $21,847.37
Mar-16   $28,447.46   -$992.92   $27,454.54
Apr-16   $29,448.18   -$673.97   $28,774.21
May-16   $30,988.20   -$725.81   $30,262.39
Jun-16   $35,289.11   -$2,514.94   $32,774.17
Jul-16   $34,759.85   -$510.30   $34,249.55
Aug-16   $33,835.72   -$2,317.61   $31,518.11
Sep-16   $33,315.41   -$2,654.75   $30,660.66
Oct-16   $34,976.88   -$204.94   $34,771.94
Nov-16   $37,357.68   -$28.09   $37,329.59
Dec-16   $41,144.84   -$734.62   $40,410.22
Jan-17   $42,809.53   -$949.66   $41,859.87
Feb-17   $44,034.74   -$175.49   $43,859.25
Mar-17   $49,400.65   -$922.46   $48,478.19
Apr-17   $49,922.15   -$136.41   $49,785.74
May-17   $51,267.21   -$201.61   $51,065.60
Jun-17    $51,146.77   -$545.98   $50,600.79
Jul-17     $54,751.58   -$522.02   $54,229.56

icbatbh

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Re: Race from 10 to 100k!!
« Reply #1261 on: July 05, 2017, 04:01:29 AM »
Hi all,

Long time lurker who's just signed up, so this is actually my first post.

My current NW:

June 2017: £35,080.50 (+£1,077.60)

Trifle

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Re: Race from 10 to 100k!!
« Reply #1262 on: July 05, 2017, 04:18:49 AM »
Welcome to the forum and the thread Icbatbh! You're among fine people here, all building the foundation for their 'stache.   

Sweet update, Senor P.  Great progress, plus nice that you've kept such good records.

Bart1ma3u5

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Re: Race from 10 to 100k!!
« Reply #1263 on: July 06, 2017, 09:18:51 AM »


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
5/1/2017     $93,012.00             
6/1/2017     $95,556.00             


7/1/2017  $100,056 After exactly 36 months, I have finally gone from -$5,000 to just barely squeeze past $100,000!!! Off to the $250K thread, good luck to everyone here, and hopefully see you again soon!

Trifle

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Re: Race from 10 to 100k!!
« Reply #1264 on: July 06, 2017, 09:27:51 AM »
Ding ding ding!!!  Woo hoo and congrats Bart1!!  Huge, huge accomplishment.
« Last Edit: July 06, 2017, 09:29:38 AM by Trifele »

Bateaux

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Re: Race from 10 to 100k!!
« Reply #1265 on: July 07, 2017, 01:52:04 AM »
Come on up to the next level guys.  Your heads are above water now and you can see your future.  Awesome job.

lampstache2

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Re: Race from 10 to 100k!!
« Reply #1266 on: July 07, 2017, 08:45:25 AM »
Jan -  $23,175
Feb -  $27,655
Apr -  $27,386
May - $26,492
Jun -  $30,464
Jul -   $34,337

givemesunshine

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Re: Race from 10 to 100k!!
« Reply #1267 on: July 09, 2017, 08:57:43 PM »
I'm moving slowly - slower than planned due to medical expenses which are unfortunately ongoing.

I haven't included my pension savings and they're also slowly improving. I'll get to that 100K goal one day!

Trifle

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Re: Race from 10 to 100k!!
« Reply #1268 on: July 10, 2017, 04:57:01 AM »
I'm moving slowly - slower than planned due to medical expenses which are unfortunately ongoing.

I haven't included my pension savings and they're also slowly improving. I'll get to that 100K goal one day!

Yes, you will Zinny!   I started way in the hole and clawed my way into positive NW, then slowly built up the stache.   Now I'm in the $500k - $1M thread.   The bigger the stache gets, the faster it goes.  Don't let the challenges get you down.  You've got this!     

Nederstash

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Re: Race from 10 to 100k!!
« Reply #1269 on: July 10, 2017, 12:11:21 PM »
Aug 15: 5327 (found MMM)
Sep 15: 5775
Oct 15: 6964
Nov 15: 8551
Dec 15: 12085
Jan 16: 12700
Feb 16: 13691
Mar 16: 14818
Apr 16: 16220
May 16: 17510
Jun 16: 21149
Jul 16: 22024
Aug 16: 23325
Sep 16: 24285
Oct 16: 25400
Nov 16: 26932
Dec 16: 31121
Jan 17: 31444
Feb 17: 42849
Mar 17: 43989
Apr 17: 45143
May 17: 46766
Jun 17: 49646
Jul 17: 52567

starjay

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Re: Race from 10 to 100k!!
« Reply #1270 on: July 16, 2017, 08:37:41 PM »
Slow progress this month. I quit the second job (the stress was not worth the extra income) and then had unexpected expenses. Nonetheless, some progress was made!

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
June 2017:       69,081.97
July 2017:        69,837.03

OrangeCanadian

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Re: Race from 10 to 100k!!
« Reply #1271 on: July 17, 2017, 06:54:30 PM »
Hi!

I've been tracking my NW for the past few months, but just stumbled on this post.  I'm a few years behind on the race, but it will still be a good practice in accountability.  Here's my NW since last year, when it took a kicking from a loss on the sale of my house.  I'm in the military and I was posted, so I had to cover the cost of a rental at my new posting as well as the mortgage and other costs (basement flooded during all of this).

Sept 16: -7058.34
Oct 16: -3375.27
Nov 16: 343.78
Dec 16: 343.78
Jan 17: 2,269.17
Feb 17:
Mar 17: 11,363.97 (Left over money from the cost of my move added to my RRSP)
Apr 17: 17,631.15
May 17: 14,158.77
June 17: 18,708.61

Trifle

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Re: Race from 10 to 100k!!
« Reply #1272 on: July 18, 2017, 04:31:48 AM »
Welcome, OrangeCanadian!   You're not behind in the race -- you're right on time.  Lots of folks at all stages.  Great crowd here cheering each other on.

andy85

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Re: Race from 10 to 100k!!
« Reply #1273 on: July 18, 2017, 07:36:47 AM »

Jan 16   $39,550
Feb 16   $41,468
Mar 16   $47,974
Apr 16   $51,484
May 16   $52,730
Jun 16   $53,694
Jul 16   $55,669
Aug 16   $56,725
Sep 16   $58,793
Oct 16   $58,748
Nov 16   $60,551
Dec 16   $61,253
Jan 17   $64,001
Feb 17   $66,905
Mar 17   $71,221
Apr 17   $73,018
May 17   $71,772
Jun 17   $69,832



Did a big kitchen reno that started in May, hence the NW drop as i tapped into some cash savings. Will be a stretch to hit 80k by the end of the year. 100k in 2018 should still be a go though.

Slow&Steady

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Re: Race from 10 to 100k!!
« Reply #1274 on: July 21, 2017, 07:53:34 AM »
I only really track my 401k balance 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.  I must have missed early July update but I happened to check my 401K balance today and was pleasantly surprised, considering that my July contribution does not get made until the end of the month.  OH, AND I BUMPED MY CONTRIBUTION BACK UP TO 10%!!

                    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
 7/21/17:    $84,508     $1075      $85,583
« Last Edit: July 21, 2017, 07:55:34 AM by NicoleO »

L2

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Re: Race from 10 to 100k!!
« Reply #1275 on: July 23, 2017, 08:39:29 PM »
I am in! The goal is to get to 100k net worth by the end of 2018. Currently at ~21k. I have been pretty good at my goals so far. Starting out after college in Dec. 2013, I believe I had about a negative net worth of 65k. My first financial goal was to get a net worth of zero by the time I received my tax refund this year and I hit it at the end of January. My second goal was to have my private student loan (6.6%) paid off by the end of July. I made it at the end of June. Next I am hoping to have the car paid off by the end of the year. Currently have a 10k balance left on that loan.

My soft goal for the end of 2017 is 35k in net worth, only because I think I'll need it to be close to that to meet the 100k goal at the end of 2018. I have not done any hard calcs at this point, but in the mean time, I should be getting annual raises of approx. 5k beginning 11/1 for 2017 and 2018. I will also be maxing out my 401k in 2018 and hopefully the ROTH IRA as well.

Trifle

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Re: Race from 10 to 100k!!
« Reply #1276 on: July 24, 2017, 03:50:47 AM »
Welcome L2!  You've made some nice progress, and looks like you have some solid plans for the future.  Onward!

Wanttobehome

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Re: Race from 10 to 100k!!
« Reply #1277 on: July 25, 2017, 12:02:17 PM »
Nov 2016 18595+1,296            = 19,891
Dec 2016 19,091+1,425            = 20,516
Jan 2017 19,586+1590             =  21,176
Feb 2017 20,081+1,673            = 21,754
Mar 2017 20,576+1,828            = 22,404
Apr 2017  21,071+1,890+2300  =25,261
May 2017                                   =25,779
June 2017                                  =£26,319
July 2017                                    =£27,023
August 2017                               =£27,618



Nairobi

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Re: Race from 10 to 100k!!
« Reply #1278 on: July 26, 2017, 08:44:50 PM »
In late December 2016/early Jan, I found myself searching how to save a $100k. That is how I found the thread "how hard was your first $100k?" and people on the thread kept mentioning the phrase "since I discovered money mustache..." I googled Mr. MM and discovered a new way of life. Here is to the first $100k!

Jan  2017     $45K
Feb  2017     $62k (sold one car, paid 5k CC debt).
March  17     $69k
April 2017     $77k (frugal month)
May  2017     $83k
June 2017     $93k (3 paychecks month)
July 2017      $101.1k (frugal month and the market helped a little bit).

Holly cow!! I was not sure I would be lucky enough to graduate this month (I was expecting August).  It has been a frugal year and I'm glad to see it pay off (I did have to give up an expensive hobby of modifying sport cars...money pits). As for the stash, it is 40% cash (downpayment for a house) and 60% is in retirement accounts. My next goal is to save $10k Emergency fund. After that, I will try to  hit 100K in investments. Hoping to see more graduates soon.
« Last Edit: July 26, 2017, 11:11:22 PM by Nairobi »

Tlaquepaque

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Re: Race from 10 to 100k!!
« Reply #1279 on: July 26, 2017, 10:49:20 PM »
Couldn't wait until I had a months end NW over 10k, so I'm taking the plunge to join this thread! I was first introduced to MMM last year but it took me until now to rediscover the site and mustachian community. Here's to my first steps in becoming financially independent!!

June 2017: $9346

JuicyCrab

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Re: Race from 10 to 100k!!
« Reply #1280 on: July 27, 2017, 04:22:10 AM »
Couldn't wait until I had a months end NW over 10k, so I'm taking the plunge to join this thread! I was first introduced to MMM last year but it took me until now to rediscover the site and mustachian community. Here's to my first steps in becoming financially independent!!

June 2017: $9346

Welcome sir, MMM forums are the best place to be for encouragement and sensible monetary thinking!

Trifle

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Re: Race from 10 to 100k!!
« Reply #1281 on: July 27, 2017, 06:16:57 AM »
In late December 2016/early Jan, I found myself searching how to save a $100k. That is how I found the thread "how hard was your first $100k?" and people on the thread kept mentioning the phrase "since I discovered money mustache..." I googled Mr. MM and discovered a new way of life. Here is to the first $100k!

Jan  2017     $45K
Feb  2017     $62k (sold one car, paid 5k CC debt).
March  17     $69k
April 2017     $77k (frugal month)
May  2017     $83k
June 2017     $93k (3 paychecks month)
July 2017      $101.1k (frugal month and the market helped a little bit).

Holly cow!! I was not sure I would be lucky enough to graduate this month (I was expecting August).  It has been a frugal year and I'm glad to see it pay off (I did have to give up an expensive hobby of modifying sport cars...money pits). As for the stash, it is 40% cash (downpayment for a house) and 60% is in retirement accounts. My next goal is to save $10k Emergency fund. After that, I will try to  hit 100K in investments. Hoping to see more graduates soon.

Congrats Nairobi!!   Excellent job.  So are you jumping to the next thread now, or going to stick around here until the investments cross over?  (Nice mustachian 'dilemma' to have.  :))

Nairobi

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Re: Race from 10 to 100k!!
« Reply #1282 on: July 27, 2017, 09:35:54 AM »
In late December 2016/early Jan, I found myself searching how to save a $100k. That is how I found the thread "how hard was your first $100k?" and people on the thread kept mentioning the phrase "since I discovered money mustache..." I googled Mr. MM and discovered a new way of life. Here is to the first $100k!

Jan  2017     $45K
Feb  2017     $62k (sold one car, paid 5k CC debt).
March  17     $69k
April 2017     $77k (frugal month)
May  2017     $83k
June 2017     $93k (3 paychecks month)
July 2017      $101.1k (frugal month and the market helped a little bit).

Holly cow!! I was not sure I would be lucky enough to graduate this month (I was expecting August).  It has been a frugal year and I'm glad to see it pay off (I did have to give up an expensive hobby of modifying sport cars...money pits). As for the stash, it is 40% cash (downpayment for a house) and 60% is in retirement accounts. My next goal is to save $10k Emergency fund. After that, I will try to  hit 100K in investments. Hoping to see more graduates soon.

Congrats Nairobi!!   Excellent job.  So are you jumping to the next thread now, or going to stick around here until the investments cross over?  (Nice mustachian 'dilemma' to have.  :))


Thank you Trifele! It is a nice dilemma to have. I thought about hanging around until I cross the 100k invested but that won't be a true representation of the net worth. For the sake of the momentum, I will join the next race and keep on rolling.

beantown

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Re: Race from 10 to 100k!!
« Reply #1283 on: July 30, 2017, 03:17:32 PM »
Dec 2017: $16.4K
Jan 2017: $21.8K
Feb 2017: $28.8K
Mar 2017: $35.1K
Apr 2017: $40.9K
May 2017: $46.9K
June 2017: $51.8K
July 2017: $55.3K

I had a pretty expensive month with multiple weekend trips and also became the sole earner in our household of 2. But it was good to see it's still on the up and up. Still hoping to make my goal of reaching $75K by EOY.


LurkerStache

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Re: Race from 10 to 100k!!
« Reply #1284 on: July 30, 2017, 03:27:53 PM »
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
Jun 2017: 78,061.77
Jul 2017: 81,104.24

JuicyCrab

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Re: Race from 10 to 100k!!
« Reply #1285 on: July 30, 2017, 06:05:20 PM »
    Invested Liq Assets
Dec-15    $5,000
Jan-16    $4,775
Feb-16    $2,329
Mar-16    $1,900
Apr-16    $5,560
May-16    $12,000
Jun-16    $17,841
Jul-16    $18,552
Aug-16    $22,168
Sep-16    $22,713
Oct-16    $20,634
Nov-16    $27,800
Dec-16    $33,743
Jan-17    $38,364
Feb-17    $40,174
Mar-17    $45,400
Apr-17    $51,000
May-17    $57,883
Jun-17    $64,332
Jul-17    $66,557

The grind is real... :(
I guess the process doesn't matter, its the end result that matters!

Tlaquepaque

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Re: Race from 10 to 100k!!
« Reply #1286 on: July 30, 2017, 10:03:18 PM »
Couldn't wait until I had a months end NW over 10k, so I'm taking the plunge to join this thread! I was first introduced to MMM last year but it took me until now to rediscover the site and mustachian community. Here's to my first steps in becoming financially independent!!

June 2017: $9346

Welcome sir, MMM forums are the best place to be for encouragement and sensible monetary thinking!

Thank you JuicyCrab. I've been spending my free time reading through the different threads and getting motivation from those that have reached and are reaching financial independence.

July 2017: $10,684

icbatbh

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  • Location: UK
Re: Race from 10 to 100k!!
« Reply #1287 on: July 31, 2017, 03:54:08 AM »
June 2017: £35,080.50
July 2017: £37.089.54

cashmoney

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  • Age: 40
  • Location: Indianapolis, IN
Re: Race from 10 to 100k!!
« Reply #1288 on: July 31, 2017, 06:05:20 AM »
4/28/17 $82,123.14 start of competition
5/31/17 $83,416.85 an increase of $1,293.71
6/30/17 $88,646.63 an increase of $5,229.78!
7/31/17 $97,939.57 an increase of $9,2929.94

July is always going to be my best month.  My company makes an annual contribution to my 401k which accounts for the majority of my bump this month.  Funny thing happened this month, I logged into Mint and saw my net worth at $110k.  Zillow had increased my rental house value by about $15k over night.  It was accurate but still hypothetical until I sell it (which won't be for awhile) so I manually lowered it back down to what I paid for it.  I figure it's a fair trade since I'm not fully vested in my 401k yet.  Next month could be the month I break $100k.

mustache you a question

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Re: Race from 10 to 100k!!
« Reply #1289 on: July 31, 2017, 07:22:24 AM »
01/17 - 9,926
02/17 - 15,869
03/17 - 21,618
04/17 - 22,738
05/17 - 29,255
06/17 - 30,880
07/17 - 40,255
08/17 - 44,722

Another good month.  The graph keeps going up and to the right, which is the way it's supposed to be :)


dreadmoose

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  • Compounding
Re: Race from 10 to 100k!!
« Reply #1290 on: July 31, 2017, 11:26:47 AM »
2016-10-01    $51,413
2016-11-01   -$25,621 (bought a condo, not included in net worth calculation)
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]
2017-05-01    $7,477
2017-06-01    $16,623
2017-07-01    $27,638
2017-08-01    $39,025

Another great month (+$11,386), it's getting hard in the summer here (weddings / bachelor parties) but I'm covering it in overtime hours and some side work.

Far off Future:

Smith Manoeuvre once TFSA/RRSP are full.
« Last Edit: July 31, 2017, 02:10:19 PM by dreadmoose »

SarkastikNinja

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Re: Race from 10 to 100k!!
« Reply #1291 on: July 31, 2017, 12:54:38 PM »

15-01-31   :           -12,050.05
15-02-28   :             -9,013.04   (+3,037.01)
15-03-31   :             -8,373.63   (+   639.41)
15-04-30   :              3,957.65   (+4,415.98)
15-05-31   :              6,155.15   (+2,197.50)
15-06-30   :              4,161.27   (- 1,993.88)
15-07-31   :              9,940.39   (+5,779.12)
15-08-31   :            11,086.93   (+1,146.54)
15-09-30   :            13,411.39   (+2,324.46)
15-10-31   :            21,753.13   (+8,341.74)
15-11-30   :            23,540.19   (+1,787.06)
15-12-31   :            25,039.14   (+1,498.95)
               
16-01-31   :            31,418.13   (+6,378.99)
16-02-29   :            33,247.02   (+1,828.89)
16-03-31   :            37,241.82   (+3,994.80)
16-04-30   :            47,305.81   (+10,063.99)
16-05-31   :            47,145.83   (-    159.98)
16-06-30   :            46,076.20   (-    838.38)
16-07-31   :            47,098.02   (+1,021.82)
16-08-31   :            46,307.45   (-    709.57)
16-09-30   :            48,762.90   (+2,455.45)
16-10-31   :            50,601.65   (+1,838.75)
16-11-30   :            52,677.91   (+2,076.26)
16-12-31   :            57,227.20   (+4,549.29)
               
17-01-31   :            58,540.40   (+1,313.20)
17-02-28   :            64,183.38   (+5,642.98)
17-03-31   :            75,197.12   (+11,013.74)
17-04-30   :            75,589.36   (+   392.24)
17-05-31   :            83,478.46   (+7,889.10)
17-06-30   :            83,208.21   (-    270.25)

17-07-31   :            84,674.77   (+1,466.56)

Headed in the right direction again, although only slightly. Market falls again this month and some travelling. Sucks seeing money your just transferred into investments immediately offset by falls in the market, but need to try and remember that I'm in it for the long haul and am getting these ETFs on sale.
« Last Edit: August 01, 2017, 06:02:36 PM by SarkastikNinja »

ryder6

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Re: Race from 10 to 100k!!
« Reply #1292 on: July 31, 2017, 02:50:21 PM »
Hey all, mind if I join in?

First discovered MMM ~4 years ago. It's been a long roundabout journey but I'm back and ready to buckle down.

Jul 2017: $9,729

Milkm4n

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Re: Race from 10 to 100k!!
« Reply #1293 on: July 31, 2017, 03:59:15 PM »
July Update
 
Dec 2016 - 45,241
Jan 2017 - 55,143
Feb 2017 - 58,240
Mar 2017 - 69,145
Apr 2017 - 74,332
May 2017- 77,877
Jun 2017 - 82,443
Jul 2017 - 85,688

A little over 3k increase in net worth for July. Which I consider pretty good as I contributed $2500 to investment accounts and  my total investment balance only increased $60 😤.

Trifle

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Re: Race from 10 to 100k!!
« Reply #1294 on: July 31, 2017, 04:54:28 PM »
Welcome aboard Ryder6!  :)

seventytimes7

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Re: Race from 10 to 100k!!
« Reply #1295 on: August 01, 2017, 04:37:41 AM »
2/1/2017 - ($6,832)
3/1/2017 -   $66
4/1/2017 - $ 6,298
5/1/2017 - $12,179
6/1/2017 - $17,418
7/1/2017 - $21,303
8/1/2017 - $28,136

Making progress!

Epor

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  • One day at the time
Re: Race from 10 to 100k!!
« Reply #1296 on: August 01, 2017, 07:35:56 AM »


                total          saved       market gain/loss
3/1/2017   67163.00   1800.00   
4/1/2017   68457.00   1190.50     103.50
5/1/2017   70223.00     921.10     844.90
6/1/2017   73782.00   2941.60     617.40
7/1/2017   76009.00   1559.60     667.40
8/1/2017   78615.00   1271.20   1334.80

Of note: this is the first time ever that the market gains added more to the stash than I did with my savings.

Steelers1982

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Re: Race from 10 to 100k!!
« Reply #1297 on: August 01, 2017, 12:54:06 PM »
Not starting under $10k... But hopefully I can join anyways.  My wife and I are 32 and 34 respectively, and are expecting our first child in October!

Not counting home equity($100k-ish):

My Personal RRSP: $9800(All in XAW)
My Work RRSP: 7500(Misc Sun Life Canadian Equity Index Funds)
Wife RRSP: $9900(currently in cash, in the process of transferring banks)
Chequing: $8900
Credit Card: -$3600(big credit card month partly due to eventual baby, it's paid off monthly)
Total: $32,500
Not counted: Expected tax return due to RRSP Contributions thus far: $4400

My wife will be on Mat Leave for a year starting in October, so the trek to $100k might be a slow one. During her year off, we can only save about $1k per month.  Will be able to save around $3000/month once she's back to work.

I'm going to set our $100k goal for the end of 2019.

July 31 - $36,150 (not including $4400 tax return accrual)

Slow&Steady

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Re: Race from 10 to 100k!!
« Reply #1298 on: August 02, 2017, 08:25:14 AM »
I only really track my 401k balance 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.

                    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
 7/21/17:    $84,508     $1075      $85,583
 8/02/17:    $85,737     $1075      $86,812

We are now expecting a new family member in early 2018 and I haven't decided if we are going to divert anything from 401k to savings for medical/maternity leave yet.
 I really don't want to since I just bumped it back up but we will have to see how the self employment goes.  I wasn't actually able to check the IRA because I have managed to completely forget the password for now, so I just used the same number as the last check. 

OrangeCanadian

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Re: Race from 10 to 100k!!
« Reply #1299 on: August 03, 2017, 09:22:57 AM »
Sept 16: -7058.34
Oct 16: -3375.27
Nov 16: 343.78
Dec 16: 343.78
Jan 17: 2,269.17
Feb 17:
Mar 17: 11,363.97
Apr 17: 17,631.15
May 17: 14,158.77
June 17: 18,708.61
July 17: 21,276.75

Still plugging away.  I'm less than a month away from being completely debt free.  I have $1600.00 on my line of credit that will be wiped out, then I can make contributions to my investments again.  I withdrew a bit from my emergency fund to help a friend with groceries and new clothes after a house fire.  I don't expect if back, it was a gift.  I do have some vehicle repairs coming up, so I may need to dip into the E-fund again, but this is what I have it for.  I'm in the military and my job is very stable, so I'm not too concerned for the short-term withdrawal from the emergency fund.
« Last Edit: August 03, 2017, 09:27:14 AM by OrangeCanadian »

 

Wow, a phone plan for fifteen bucks!