Author Topic: Race from 10 to 100k!!  (Read 234994 times)

starterstache

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Re: Race from 10 too 100k!!
« Reply #550 on: August 01, 2015, 08:24:41 AM »
Just crossed the $50K mark yesterday!  $50,255 to be exact :)  Hope to be reaching the 100K mark by the end of next year.  Great work everyone :)

johnny847

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Re: Race from 10 too 100k!!
« Reply #551 on: August 01, 2015, 10:31:29 AM »
Jan 2015: 69.8k
Feb 2015: 73.8k (Back over 70k!)
March 2015: 76.6k
April 2015: $82.7k
May 2015: $85.1k
June 2015: $85.9k

July 2015: $88.9k

I"m paid biweekly and had a 3 paycheck month so that helped quite a bit.
I've moved to my new place now, which sadly costs about $400/month more.

I should cross $90k next month!

SpareChange

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Re: Race from 10 too 100k!!
« Reply #552 on: August 01, 2015, 05:31:50 PM »
Yaay, I broke $80k this month!
$80,183.66, up $3,800 or 5% :-)

ETA: Also found a new apartment with 1 more bedroom AND closer to work for $170/mo less! Moving in in October. And, switching from Verizon to Project Fi ($60/mo to $30/mo) in the next 4-8 weeks!

Sweet! Accelerating into the home stretch!

Congrats to our new grad, Bokonon! Looks like more good progress across the board. I was up $4900. Can't complain. Getting an unexpected 2% col raise this month, in addition to the usual one in the fall.


Eristheunorganized

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Re: Race from 10 too 100k!!
« Reply #553 on: August 01, 2015, 08:37:47 PM »
Congratulations everybody!

CanIndian

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Re: Race from 10 too 100k!!
« Reply #554 on: August 02, 2015, 07:00:25 AM »
...

Nov 2011: -15,000 (debt -35,000)
Dec 2012: 1,000 (debt -30,000) hit positive NW.
Dec 2013: 10,200 (debt -20,000) moved to Canada mid 2013 and had our first child as well, and then the NW journey really took off with a promotion.
May 2014: 36,500 (0 debt) SO and I now vowed that the only debt we may ever consider is a mortgage
Dec 2014: 48,500 (had our second child, I know MMM proposes 1, but 2 is our number)

And in the last 2 months
May 2015: $63,000
June 2015: ~$65,550
...

Deceivingly high NW gains this month. Net savings were only $2000(27%), but some market gains, Forex gains due to loonie falling and recalculation and consolidation of all offshore accounts put the NW gains at $8700.
On track to hit 90k by Dec 2015 and 100K by Mar 2016.

May 2015: $63,000
June 2015: $65,550
July 2015: $74,250

psinguine

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Re: Race from 10 too 100k!!
« Reply #555 on: August 02, 2015, 04:29:15 PM »
I was really excited to get in on the race. But then I started adding things up.

Assets

My 1st Chequing - $165
My 2nd Chequing - $2850
My Wife's Chequing - $4150
My Short Term Savings - $3850
My Pension - $3000
My Wife's Pension - $4500
My Wife's TFSA - $1500
My Wife's RRSP - $1500
Our Primary Residence - $150,000
Our Secondary Property - $55,000

Total Assets - $225,515

Liabilities

Wife's Dental Loan - $7150
Primary Mortgage - $15,000
Secondary Mortgage - $48,500

Total Liabilities - $70,650

Total Net Worth - $155,865


I have to admit, I am incredibly surprised. I thought we were doing a lot worse than that. Sadly, however, that also means that I graduated from this race before I even started. And the next jump (to a quarter million) seems so impossibly far away.

zinny1

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Re: Race from 10 too 100k!!
« Reply #556 on: August 02, 2015, 04:49:58 PM »
Hi all,

Better month for me - up $3,650 now that an end to medical expenses is in sight.

I am only counting immediately accessible assets for this challenge but have reached a milestone in my Super (Australian Retirement Savings accessible after 65) - now over $150K.

Keep it up all!

Pooplips

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Re: Race from 10 too 100k!!
« Reply #557 on: August 04, 2015, 11:27:44 AM »
I was really excited to get in on the race. But then I started adding things up.

Assets

My 1st Chequing - $165
My 2nd Chequing - $2850
My Wife's Chequing - $4150
My Short Term Savings - $3850
My Pension - $3000
My Wife's Pension - $4500
My Wife's TFSA - $1500
My Wife's RRSP - $1500
Our Primary Residence - $150,000
Our Secondary Property - $55,000

Total Assets - $225,515

Liabilities

Wife's Dental Loan - $7150
Primary Mortgage - $15,000
Secondary Mortgage - $48,500

Total Liabilities - $70,650

Total Net Worth - $155,865


I have to admit, I am incredibly surprised. I thought we were doing a lot worse than that. Sadly, however, that also means that I graduated from this race before I even started. And the next jump (to a quarter million) seems so impossibly far away.

Join the 100K to 250k thread! onward and upward

johnny847

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Re: Race from 10 to 100k!!
« Reply #558 on: August 04, 2015, 03:03:25 PM »
5/31/2014: -$14,743
6/30/2014: -$7196
7/31/2014: $2017
8/31/2014: $5508
9/30/2014: $10,128
10/31/2014: $14,610
11/30/2014: $21,118
12/31/2014: $24,603
1/31/2015: $22,583
2/28/2015: $27,828
3/31/2015: $35,302
4/30/2015: $41,762
5/31/2015: $47,324
6/30/2015: $50,866
7/31/2015: $38,419

Well I'm glad most of you are making solid progress! Let me be the cautionary waisty-pants buffoon this month. Last July I downgraded my car and saw a big leap in net worth. This July, I gave in to temptation and bought a car from my credit union's repossession auction (for $4k under KBB). So there you see the huge dip in net worth!

Can't you just turn that around and sell it for ~$4k profit?

JLee

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Re: Race from 10 too 100k!!
« Reply #559 on: August 05, 2015, 12:05:19 PM »
I was really excited to get in on the race. But then I started adding things up.

Assets

My 1st Chequing - $165
My 2nd Chequing - $2850
My Wife's Chequing - $4150
My Short Term Savings - $3850
My Pension - $3000
My Wife's Pension - $4500
My Wife's TFSA - $1500
My Wife's RRSP - $1500
Our Primary Residence - $150,000
Our Secondary Property - $55,000

Total Assets - $225,515

Liabilities

Wife's Dental Loan - $7150
Primary Mortgage - $15,000
Secondary Mortgage - $48,500

Total Liabilities - $70,650

Total Net Worth - $155,865


I have to admit, I am incredibly surprised. I thought we were doing a lot worse than that. Sadly, however, that also means that I graduated from this race before I even started. And the next jump (to a quarter million) seems so impossibly far away.
You're over halfway there already!

FrugalShrew

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Re: Race from 10 too 100k!!
« Reply #560 on: August 05, 2015, 01:01:19 PM »
I was really excited to get in on the race. But then I started adding things up.

Assets

My 1st Chequing - $165
My 2nd Chequing - $2850
My Wife's Chequing - $4150
My Short Term Savings - $3850
My Pension - $3000
My Wife's Pension - $4500
My Wife's TFSA - $1500
My Wife's RRSP - $1500
Our Primary Residence - $150,000
Our Secondary Property - $55,000

Total Assets - $225,515

Liabilities

Wife's Dental Loan - $7150
Primary Mortgage - $15,000
Secondary Mortgage - $48,500

Total Liabilities - $70,650

Total Net Worth - $155,865


I have to admit, I am incredibly surprised. I thought we were doing a lot worse than that. Sadly, however, that also means that I graduated from this race before I even started. And the next jump (to a quarter million) seems so impossibly far away.
You're over halfway there already!

And you're only 5k further from 250k than those of starting this race at 10k are from 100k :D

MEJG

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Re: Race from 10 too 100k!!
« Reply #561 on: August 06, 2015, 12:52:41 PM »
5/31/2015: -$59,533
6/30/2015: -$55,028
7/31/2015: -40,621

Huge jump this month!  Had some interest from a large loan forgiven.  We certainly don't expect 5 figure changes every month :)

ohyonghao

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Re: Race from 10 too 100k!!
« Reply #562 on: August 06, 2015, 12:57:25 PM »
5/31/2015: -$59,533
6/30/2015: -$55,028
7/31/2015: -40,621

Huge jump this month!  Had some interest from a large loan forgiven.  We certainly don't expect 5 figure changes every month :)

Nice!  That's fantastic progress.  Keep it going and you'll be at the starting line in no time.

kpd905

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Re: Race from 10 too 100k!!
« Reply #563 on: August 07, 2015, 05:12:04 PM »
Well, we got married 2 weeks ago and spent way less on the wedding than I was prepared for, so I maxed out both of our traditional IRAs for the year.  This brings us up to about $92,400 in investments.  I am hoping that we will hit $100k sometime in October or early November.
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Woodro85

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Re: Race from 10 too 100k!!
« Reply #564 on: August 13, 2015, 08:51:52 PM »
29M in Canada, 82k salary. Newbie to the forum, and started my Journey with MMM just a couple months ago. I certainly was living a similiar path trying to get out of student loan and clown-car debt, but MMM definitely helped me realize the possibilities and how to get there! NW was negative for many years before this start date. I've done what feels like tremendous work and halfway to the 100k networth now IF I include my Defined benefits pension (what are peoples thoughts on including this? i've read conflicting theories).

Anyway, since the start of this "race":
6/1/2014   $2,412.33
7/1/2014   $4,975.97
8/1/2014   $7,970.02
9/1/2014   $8,705.61
10/1/0204   $12,429.31
11/1/2014   $14,805.83
12/1/2014   $16,910.20
1/1/2015   $19,405.41
2/1/2015   $22,499.52
3/1/2015   $20,136.84
4/1/2015   $19,879.58
5/1/2015   $23,874.52
6/1/2015   $30,000.00
7/1/2015   $37,946.41
8/1/2015   $52,700.00

tarheeldan

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Re: Race from 10 too 100k!!
« Reply #565 on: August 14, 2015, 10:09:51 AM »
Welcome Woodro85! Looks like you saved just about 55% of gross over the past 12 months. Awesome!

fb132

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Re: Race from 10 too 100k!!
« Reply #566 on: August 14, 2015, 10:14:32 AM »
29M in Canada, 82k salary. Newbie to the forum, and started my Journey with MMM just a couple months ago. I certainly was living a similiar path trying to get out of student loan and clown-car debt, but MMM definitely helped me realize the possibilities and how to get there! NW was negative for many years before this start date. I've done what feels like tremendous work and halfway to the 100k networth now IF I include my Defined benefits pension (what are peoples thoughts on including this? i've read conflicting theories).

Anyway, since the start of this "race":
6/1/2014   $2,412.33
7/1/2014   $4,975.97
8/1/2014   $7,970.02
9/1/2014   $8,705.61
10/1/0204   $12,429.31
11/1/2014   $14,805.83
12/1/2014   $16,910.20
1/1/2015   $19,405.41
2/1/2015   $22,499.52
3/1/2015   $20,136.84
4/1/2015   $19,879.58
5/1/2015   $23,874.52
6/1/2015   $30,000.00
7/1/2015   $37,946.41
8/1/2015   $52,700.00
I include all my pre tax investments, for example, at work, 45$ each pay is automatically deducted towards my work RRSP and my employers pay also 45$ each pay towards my work RRSP. Therefore it is like I receive 90$ of income and 90$ of that income goes towards investments...then my paycheck also goes towards income category, and my money invested with Questrade is also added in my investment categories....so yes you should include them because you are afterall investing with the difference that it is done automatically from your paycheck instead of manually doing it yourself.
« Last Edit: August 14, 2015, 10:18:56 AM by fb132 »

Pooperman

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Re: Race from 10 too 100k!!
« Reply #567 on: August 14, 2015, 10:16:33 AM »
29M in Canada, 82k salary. Newbie to the forum, and started my Journey with MMM just a couple months ago. I certainly was living a similiar path trying to get out of student loan and clown-car debt, but MMM definitely helped me realize the possibilities and how to get there! NW was negative for many years before this start date. I've done what feels like tremendous work and halfway to the 100k networth now IF I include my Defined benefits pension (what are peoples thoughts on including this? i've read conflicting theories).

Anyway, since the start of this "race":
6/1/2014   $2,412.33
7/1/2014   $4,975.97
8/1/2014   $7,970.02
9/1/2014   $8,705.61
10/1/0204   $12,429.31
11/1/2014   $14,805.83
12/1/2014   $16,910.20
1/1/2015   $19,405.41
2/1/2015   $22,499.52
3/1/2015   $20,136.84
4/1/2015   $19,879.58
5/1/2015   $23,874.52
6/1/2015   $30,000.00
7/1/2015   $37,946.41
8/1/2015   $52,700.00
I include all my pre tax investments, for example, at work, I pay 45$ each pay towards my work RRSP and my employers pay also 45$ each pay towards my work RRSP. There for I receive 90$ of income and 90$ of investments...then my paycheck also goes towards income, and my investments with Questrade is also added in my investment categories....so yes you should include them because you are afterall investing with the difference that is done automatically from your paycheck instead of manually doing it yourself.

I agree. Count it. I only count the vested portion for these sorts of things.

JLee

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Re: Race from 10 too 100k!!
« Reply #568 on: August 14, 2015, 10:54:33 AM »
I'm so close...got paid again, 401k contribution is out of my check but hasn't hit Vanguard yet, so I'm adding it anyway.

$7725.02 net cash (zeroing current CC balance)
$38912.77 house equity
$3085.31 employer stock
$3136.02 Franklin Templeton
$43,068.59 Vanguard

$96,975.13

SO CLOSE!!!  I even spent ~$450 I wouldn't have normally spent this month...definitely makes me want to curb spending even more so I break 100k, hahaha...

TonyPlush

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Re: Race from 10 too 100k!!
« Reply #569 on: August 17, 2015, 08:52:00 AM »
I calculated my net worth for the first time in months today: $98,060.

So close...
Calculated it today: $104K!!!

Feels pretty damn good.

tarheeldan

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Re: Race from 10 too 100k!!
« Reply #570 on: August 17, 2015, 09:02:04 AM »
Congratulations, TonyPlush!!

fb132

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Re: Race from 10 too 100k!!
« Reply #571 on: August 17, 2015, 10:45:50 AM »
I calculated my net worth for the first time in months today: $98,060.

So close...
Calculated it today: $104K!!!

Feels pretty damn good.
Congrats :) Now you can join the 100-250K club.

FrugalShrew

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Re: Race from 10 too 100k!!
« Reply #572 on: August 17, 2015, 10:57:24 AM »
I calculated my net worth for the first time in months today: $98,060.

So close...
Calculated it today: $104K!!!

Feels pretty damn good.

Congratulations!! :)

jooles

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Re: Race from 10 too 100k!!
« Reply #573 on: August 17, 2015, 11:58:20 AM »
Added 1k to the savings this week.

celticmyst08

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Re: Race from 10 too 100k!!
« Reply #574 on: August 17, 2015, 12:34:06 PM »
Belated July NW post, since we've been on vacation and busy with the end of the summer semester etc.

July: $48,495.61, +13.21%

Pretty sure we'll reach $60k by the end of the year! (There will be a ~$5.6k tuition payment coming up so that will set us back a little.)
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Pooperman

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Re: Race from 10 too 100k!!
« Reply #575 on: August 17, 2015, 01:56:20 PM »
So, my old company was bought (which is part of why I left). As a result, I got my match vested when it otherwise wouldn't be. Networth + $1,250 :D. Should be just a bit higher than $38k at the end of this month, depending on how much is spent over the next two weeks and whether or not the paycheck comes on the 31st or 1st. It's good to be on the way up after floundering for the last few months!

FIPurpose

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Re: Race from 10 too 100k!!
« Reply #576 on: August 18, 2015, 09:23:04 AM »
I also have now finished the competition! I am only counting liquid investments in my number. My current goal is to make to $500k by mid 2019, and then slow travel the globe for a year.

Summary:
05/2014 - $17k
06/2014 - $18k
07/2014 - $25k
08/2014 - $32k
09/2014 - $34k
10/2014 - $38k
11/2014 - $44k (wife changed jobs and about doubled her pay)
12/2014 - $47k
01/2015 - $55k (nice money from bonus time)
02/2015 - $63k
03/2015 - $69k
04/2015 - $75k
05/2015 - $80k
06/2015 - $89k (wife got a nice bonus!)
07/2015 - $95k
08/2015 - $100k (as of the 18th)

Here's to getting to $500k quickly!
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SpareChange

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Re: Race from 10 too 100k!!
« Reply #577 on: August 18, 2015, 11:27:22 AM »
Good job, TonyPlush and Flyingcircle!!!

ranchingretirement

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Re: Race from 10 too 100k!!
« Reply #578 on: August 21, 2015, 09:05:37 PM »
I've read MMM for about a year now, but I'm new to the forums. I was recently promoted at work and my family and I are making a cross-country move as part of the transfer. My wife and I are 27, with no children and no student loan debt. We do carry a significant amount of CC debt (all at 0% with the use of balance transfer checks (2-3% per transaction)). We are currently trying to max out all tax-advantaged accounts (~50k/year, primary) while also paying down the CC debt (secondary). Our current goal is to reach $100k in net worth by June 2016 and $250k by her 30th birthday, with an eye towards FIRE sometime in our late 30s. We are also wanting to raise a family, but aren't planning on having children anytime in the next few years. Below is our net worth trajectory over the past 6 months:

March 2015: $36,337
April 2015: $38,120
May 2015: $42,347
June 2015: $47,346
July 2015: $56,109
August 2015: $59,985

Looking forward to hearing other stories as we all reach towards $100k!

celticmyst08

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Re: Race from 10 too 100k!!
« Reply #579 on: August 21, 2015, 09:43:29 PM »
Welcome! Sounds like you guys are well on your way! We're shooting for $100k by mid-2016 too :D
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fb132

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Re: Race from 10 too 100k!!
« Reply #580 on: August 24, 2015, 04:20:50 PM »
I haven't calculated my networth of August yet, but I could already tell my networth will go down for the second time this year because of the stock market. On one side, I am super happy that I will buying some shares on sale when September hits (unless there's an amazing recovery)...but on the other hand, it is sad when you see your networth go down.

JLee

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Re: Race from 10 too 100k!!
« Reply #581 on: August 24, 2015, 06:35:25 PM »
Yeah...I don't anticipate posting many updates here in the near future.  :P

CanIndian

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Re: Race from 10 too 100k!!
« Reply #582 on: August 31, 2015, 05:44:36 AM »
May 2015: $63,000
June 2015: $65,550
July 2015: $74,250
Not a great month, August. The markets, the exchange rate and some unplanned home expenses cropping up leading to the first negative month in 2015. Sept might be worth looking forward to, with a small hike and the expenses at the home stabilizing.

May 2015: $63,000
June 2015: $65,550
July 2015: $74,250
Aug 2015: $73,900

ahueston

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Re: Race from 10 too 100k!!
« Reply #583 on: August 31, 2015, 08:33:43 AM »
Just wanted to say good luck everyone in this tread.  I enjoy reading all of your success stories.

Keep it up!

FXF

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Re: Race from 10 too 100k!!
« Reply #584 on: August 31, 2015, 10:34:22 AM »
So the market is being the market.
However as one of the last steps we took in consolidating our joint finances I added my so's life insurance to YNAB, bringing our net worth up quite a bit. :D

Pooperman

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Re: Race from 10 too 100k!!
« Reply #585 on: August 31, 2015, 02:29:41 PM »
Despite the headwinds, initial calculations show a new worth of $37,759.70 (up from $35,569.17). Much of this is due to a combination of not spending everything we earned this month and getting the 401k match that wasn't vested when I moved it over to an IRA. I ended up with this money (about $1200) due to the previous company being acquired by another at the time of my leaving and moving 401k providers. Finally passed the old high-water mark set in May ($36,579.20). Hopefully future months are better to our net worth than the past few have been!

frogger

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Re: Race from 10 too 100k!!
« Reply #586 on: August 31, 2015, 08:37:11 PM »
Hmm, tough summer. Not getting paid for three months, plus moving, plus some adventures makes for a trend in the wrong direction.

Jun 30: $20,200
Jul 31: $19,250
Aug 31: $15,350

Ouch. First paycheck at the new job arrives in ~two weeks. Looking forward to starting in the right direction again!

SpareChange

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Re: Race from 10 too 100k!!
« Reply #587 on: September 01, 2015, 12:09:20 AM »
Up $1,744. Slowest month on the spreadsheet for me I believe, despite earning a decent amount of overtime. The market giveth, and the market taketh away....

Pooplips

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Re: Race from 10 too 100k!!
« Reply #588 on: September 01, 2015, 06:16:37 AM »
3/9/15 - PC Net Worth $53,877
4/1/2015 - $60,080.00
5/1/2015 - $63,589.00
6/1/2015 - $65,962.00
6/26/2015 - $70,181.00
7/31/2015 - $72,988.00


9/1/2015 - $73,706.00

Still moving up!

fb132

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Re: Race from 10 too 100k!!
« Reply #589 on: September 01, 2015, 07:32:23 AM »
2015 Net worth:
January: 61 647,49$
February: 63 787,57$
March: 64 489,46$
April: 65 584,07$
May: 69 863,33$
June: 69 561,33$
July: 72 747,51$
August: 71 906,04$

For the second time this year, my networth is down from the previous month. I managed to invest 717,55$ this month, but it wasn't enough for my networth to go up because of the stock market small correction. It was the biggest drop this year and all my investments took a hit.
« Last Edit: September 01, 2015, 12:41:56 PM by fb132 »

seanc0x0

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Re: Race from 10 too 100k!!
« Reply #590 on: September 01, 2015, 09:54:26 AM »
Forgot to do last month, as I was on vacation, so this reflects two of months.

The big news is I found an RRSP account I had at a job I had 10 years ago that I'd forgotten about, which has just under 16k in it! The other investments are down due to the market, and I've been paying off the concrete we had to replace in July so not as much money going into the FI fund.

The good news is we managed the concrete without debt by saving up for it, which is a nice change from old spendy me. I do need to put some money back in a few budget categories we pillaged to avoid debt, though, so it'll slow down capital deployment for a few more months.

Since June, we've gone from $17,736.00 to $33,380, a jump of 88%! (Just wish I could keep that up!)

Woodro85

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Re: Race from 10 too 100k!!
« Reply #591 on: September 01, 2015, 10:54:39 AM »

8/1/2015   $52,700.00

Was able to do pretty well last month all things considered! Actually hoping for a decent, much better than inflation raise this month too. But that's still hoping and unconfirmed. If it happens, I will split 50/50 of the raised amount to a debt and into increasing my TFSA contributions.

Up to
9/1/2015 - $57,358.64

fb132

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Re: Race from 10 too 100k!!
« Reply #592 on: September 01, 2015, 12:43:55 PM »
Forgot to do last month, as I was on vacation, so this reflects two of months.

The big news is I found an RRSP account I had at a job I had 10 years ago that I'd forgotten about, which has just under 16k in it! The other investments are down due to the market, and I've been paying off the concrete we had to replace in July so not as much money going into the FI fund.

The good news is we managed the concrete without debt by saving up for it, which is a nice change from old spendy me. I do need to put some money back in a few budget categories we pillaged to avoid debt, though, so it'll slow down capital deployment for a few more months.

Since June, we've gone from $17,736.00 to $33,380, a jump of 88%! (Just wish I could keep that up!)
How do you forgot something important like an RRSP lol...I am sure your newly found RRSP has gone through the roof since it hasn't been touched. Plus, usually you have to send your RRSP slips when doing your tax returns, I am surprised that no one mentionned it.

Eristheunorganized

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Re: Race from 10 too 100k!!
« Reply #593 on: September 01, 2015, 12:54:46 PM »
I went from $64,710.93 at the 1st to $64,194.10. Ouch. As my net worth grows I have to get used to the fact that the market will have a bigger and bigger impact.

seanc0x0

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Re: Race from 10 too 100k!!
« Reply #594 on: September 01, 2015, 02:47:35 PM »
Forgot to do last month, as I was on vacation, so this reflects two of months.

The big news is I found an RRSP account I had at a job I had 10 years ago that I'd forgotten about, which has just under 16k in it! The other investments are down due to the market, and I've been paying off the concrete we had to replace in July so not as much money going into the FI fund.

The good news is we managed the concrete without debt by saving up for it, which is a nice change from old spendy me. I do need to put some money back in a few budget categories we pillaged to avoid debt, though, so it'll slow down capital deployment for a few more months.

Since June, we've gone from $17,736.00 to $33,380, a jump of 88%! (Just wish I could keep that up!)
How do you forgot something important like an RRSP lol...I am sure your newly found RRSP has gone through the roof since it hasn't been touched. Plus, usually you have to send your RRSP slips when doing your tax returns, I am surprised that no one mentionned it.

It was with a firm I never check (not even set up for online access), and so it was easy to forget about when it came to this. Also, no contributions and no withdrawals means nothing for taxes, so it's easy to overlook.  I wasn't at that job very long, as they closed the local office I was employed at about a year after I started.

The MER is no good (~2%) and the options are somewhat limited, so I'll be transferring it into my other RRSP.

mrteacher

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Re: Race from 10 too 100k!!
« Reply #595 on: September 01, 2015, 04:58:57 PM »
Jumping in!

My financial year goes from 9/1 to 8/31, as I am a teacher and my salary change kicks in during September. It makes more sense for me that way. So, here we go:

Roth IRA: $33,598.33
VTSAX: $12,199.90
Savings/Checking: $20,408.84
Pension: $5,280
Car: ~$7,000

9/1/2015: $78,482.07

I'd like to hit $100,000 by next summer, given that I am saving/investing roughly $1400-$1800/month.

tarheeldan

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Re: Race from 10 too 100k!!
« Reply #596 on: September 01, 2015, 05:04:04 PM »

8/1/2015$52,700.00

Was able to do pretty well last month all things considered! Actually hoping for a decent, much better than inflation raise this month too. But that's still hoping and unconfirmed. If it happens, I will split 50/50 of the raised amount to a debt and into increasing my TFSA contributions.

Up to
9/1/2015 - $57,358.64
Good luck on the raise!

tarheeldan

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Re: Race from 10 too 100k!!
« Reply #597 on: September 01, 2015, 05:05:25 PM »
Jumping in!

My financial year goes from 9/1 to 8/31, as I am a teacher and my salary change kicks in during September. It makes more sense for me that way. So, here we go:

Roth IRA: $33,598.33
VTSAX: $12,199.90
Savings/Checking: $20,408.84
Pension: $5,280
Car: ~$7,000

9/1/2015: $78,482.07

I'd like to hit $100,000 by next summer, given that I am saving/investing roughly $1400-$1800/month.
Welcome!

Middlesbrough

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Re: Race from 10 too 100k!!
« Reply #598 on: September 01, 2015, 08:25:50 PM »
Company match came in later than the last couple years. Help offset market downturns.

Rodgers12

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Re: Race from 10 too 100k!!
« Reply #599 on: September 02, 2015, 06:21:52 AM »
Well just like most people the market brought my net worth down in August. First time this year my net worth decreased. The good news is it wasn't self inflicted (ie creating debt). Hopefully I can save even more the next few months to capitalize on lower stock prices and keep making my net worth climb north.

7/31/2015: $36,978
8/31/2015: $34,949