Race from 10 to 100k!!

[katthjul]

EOY 2014: €0
EOY 2015: €16,728
EOY 2016: €41,467
EOY 2017: €64,929
Jan 2018: €67,989
Feb 2018: €69,128
Mar 2018: €66,962
Apr 2018: €72,421
May 2018: €75,002
Jun 2018: €77,356
Jul 2018: €80,826
Aug 2018: €84,390

At the current pace, I could with some effort reach 100k by the end of the year.

[ASW]

1/1/2018: $38,800
2/1/2018: $49,800
3/1/2018: $55,707
4/1/2018: $64,352
5/1/2018: $68,097
6/1/2018: $72,976
7/1/2018: $80,555
8/1/2018: $85,858
9/1/2018: $90,137

Saved about $3,300 this month, so I got a little help from the market.  This is the first time that my projections have me reaching $100k in November instead of December.  I may graduate a month early!

Congrats to everyone who is continuing to grow the stache through big life changes!

[Jim Fiction]

Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

June ended around 36,000 (estimate, was too busy to exactly keep track). July ends with my NW up to $38,676.

Happy with my progress, though I've been spendier than I should.  On a plus side, it looks like I'll be taking a new job which should see a ~20% bump in pay, plus a nice sign on bonus. So my NW should begin to grow more quickly! Ohh and my commute will be dropping from 42 miles down to 2.5 miles! As a result I'll be saving a ton on gas and wear and tear on my car.

9/29/17 - $11,511 (First post in thread)
6/30/18 - $36,000
7/31/18 - $38,676
8/31/18 - $40,277

Decided to clean up my thread/format.

August Notes
I did in fact take the new job, pay bump was close to 25%. Very happy with the change thus far.

Got a nice fat final check from my prior employer, which included all of my remaining vacation time.

Sadly, the check quite nearly matched the car repair bill that I incurred a few weeks ago. Hopefully it'll be good for a while, its at almost 190K miles and I have no intention of getting another car ever anytime soon.

[L2]

End of July NW: 84,495
End of Year projected NW: 104,324

End of August NW: 88,430.58
End of Year projected NW: 105,233.73

[lexde]

3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
06/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62

8/31/2018: $27,393.30

[JAYSLOL]

I haven't updated this in ages, here's how my year is going

Jan - 63.8k
Feb - 64.0k
Mar - 65.0k
Apr - 65.4k
May - 67.5k
June - 69.5k
July - 72.3k
Aug - 74.0k
Sept - 76.7k

Started slow, looking like a stronger finish though.  Was hoping to hit 100k by the end of the year, which was a little optimistic, shooting for 90 now.  Graduation, spring/summer 2019

[SansSkill]

January: €3068.76
February: €3965.75
March: €4758.99
April: €7103.66
May: €7508.32
June: €10068.37

July:
Checking account: €2046.63
Emergency Fund: €5000.00
Amortization Fund: €54.18
Goal Fund: €500.00
Investment: €3706.89
Total: €111307.7

August:
Checking account: €1490.19
Emergency Fund: €5000.00
Amortization Fund: €257
Deductible Fund: €885.00
Holiday Fund: €0.00
Investment: €3773.15
Total: €11405.34

Due to medical issues I decided to quit my part time job and focus fully on my studies, as such I also made some changes to my account structure, I changed the Goal Fund to the Deductible Fund in anticipation of having to pay that, and added a new savings account for my holiday. Didn't used to be such a fun but went on two week and half long vacations this summer and I really enjoyed it. Current goal is €800 for that, which I intend to reach with 8x €100 months. Regardless I'll probably not grow too much, being only able to save €100-200 a month at most, and as such am mostly depended on the continuation of the bull market for any gains for the next year and a half. Which if fine, my body is worth more to me then an extra year of investments.

[adamsputnik]

1/18/18 - 18,350.00
3/15/18 - 20,267.70
5/17/18 - 19,930.00
8/31/18 - 25,908.00

Making some real progress finally.

[peppermint]

01/2018: $40796.81
02/2018: $41337.51
03/2018: $42682.42
04/2018: $46138.41
05/2018: $48761.77
06/2018: $51084.06
07/2018: $56155.54
08/2018: $55622.63
09/2018: $62036.49

Forgot that I got my academic calendar paycheck spread over all 12 months!! That was a nice surprise. That means that even with some emergencies over the summer, I'm in good shape.

[Old Ball Coach]

This includes all our retirement and personal accounts for assets. It includes our credit cards, student loan, and mortgage for liabilities. It DOES NOT include our home value.

April 2018 - $52,917.42
May 2018  - $58,400.19
June 2018 - $59,686.34
July 2018  - $65,798.53
August 2018 - $72,231.70

Another great month for investments. I am also paying down our credit card total. It's down under $10k! Am planning on having that paid off in about 6 months. It'll be wonderful, and the wheels will start moving much faster!

[zygote]

Hello! I am new to MMM. I'm 28, recently married, and we maintain separate finances. The goal is to be in a strong financial position to maintain flexibility in the future, not necessarily RE. I have a job that I love with amazing benefits, so I am not in a hurry to retire. But as you all know, that could always change.

I have always lived below my means in that I have never held any debt, but I've never really saved. I was a grad student living on a lean stipend in a HCOL city until a year and a half ago. I'm still in the same HCOL city, but now I have a real salary, a defined contribution retirement plan, and access to 403b and 457 accounts.

Current net worth: $48,533.91
Breakdown below...
Cash: $17,747.04
Retirement plan: $18,702.39
403b: $679.16 (Just opened this 1/1/18)
Roth IRA: $11,736.04 (Did not open this until 2016 tax year)
Credit card: -$330.72 (Use this for normal expenses, pay off in full every month)

I was over $50k a week ago, but of course the stock market is going down at the moment. Shares on sale!

3/18: $48,533.91
4/18: $53,215.13 (+4,681.22 - extra paycheck)
5/18: $55,433.65 (+2,218.52)
6/18: $57,041.95 (+1,572.27)
7/18: $59,753.49 (+2,711.54)
8/18: $63,816.19 (+4,062.70)
9/18: $70,101.27 (+6,285.08 - extra paycheck)

This was a three paycheck month so I was expecting to save a lot, but I had no idea I was going to save this much. I felt like I spent a ton. My tracking says otherwise. Wow.

[druth]

I did the thing!

It took me longer than I thought, but I'm happy to have made it. :)

[L2]

I did the thing!

It took me longer than I thought, but I'm happy to have made it. :)

congrats! See you in the next thread soon!

[dutty]

12/15 -£2,610
12/16  £5,250   (+£7,860 ~ +301%)
12/17  £10,810 (+£5,560 ~ +106%)

01/18  £21,300  (+£10,490 ~ +97%)
02/18  £25,500  (+£4,200 ~ +20%)
03/18  £48,800  (+£23,300 ~ +91%)
04/18  £50,620   (+£1,820 ~ +4%)
05/18  £50,200   (-£420 ~ -1%)
06/18  £49,940   (-£260 ~ -0.5%
07/18  £56,320   (+£6380 ~ +13%)

08/18  £60,400 (+£4080 ~ +7% )


I've just moved out of my parents home into a house share so I will now start incurring some larger regular expenses (mainly rent and groceries). It's reassuring to know that I have 86 months worth of rent payments saved for a rainy day :)

I did the thing!

It took me longer than I thought, but I'm happy to have made it. :)

Nice, well done.

[Slanhirn]

Tracking net worth.

EOY 12.2017 - £4,360
01.2018 - £6,895 = + £2,535
02.2018 - £7,943 = + £1,048
03.2018 - £8,754 = + £811
04.2018 - £10,331 = + £1,577
05.2018 - £31,777 = + £21,446 (received an inheritance)
06.2018 - £33,386 = + £1,609
07.2018 - £35,086 = + £1,700
08.2018 - £36,571 = + £1,485
09.2018 - £38,818 = + £2,247

Assets = £49,626
Student loans = (£10,808)

[iTellStories]

Aug 1, 2017: $31,378
Sep 1, 2017: $33,723
Oct 1, 2017: $37,296
Nov 1, 2017 $42,930
Aug 3, 2018: $62,456
Sep 3, 2018: $66,859

I may be purchasing a house this fall, so it might impact how fast this 'stache grows in the future.  Weighing my options, as I don't want to be priced out of my neighborhood in the next few years.  I'm currently renting in a small part of the city that's so close to work and I love it here.

[MommyCake]

Joining!  Hi Everyone!  I "graduated" from Rosy's Race to 50k where I tracked my TSP account.  For this challenge I'll be tracking all investments (instead of total NW).  My goal is to have 100k in invested assets by June 2019.

9/4/18  73,600

[Nederstash]

Aug 15: 5327 (found MMM)
Jan 16: 12700
Jan 17: 31444
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Apr 18: 75766
May 18: 77414
Jun 18: 81980
Jul 18: 82825
Aug 18: 82665
Sep 18: 84098

Going up again... gotta keep that momentum going.

[andy85]

Andddddd done.

$106,793

• $85,203 - investments
• $7,604 - cash
• $5,050 - vehicle
• $8,936 - home equity

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
Jul 17	$72,166
Aug 17	$73,360
Sep 17	$76,497
Oct 17	$77,675
Nov 17	$80,642
Dec 17	$82,238

Jan 18

$86,553

Feb 18

$85,058

Mar 18

$92,587

Apr 18

$92,392

May 18

$93,023

Jun 18

$94,575

Jul 18

$98,373

Aug 18

$106,793

[ASW]

Nice job @andy85 and congratulations on your huge last month!

[Trifle]

Woo Hoo @andy85 !!

[politenessman]

Aug   $ 81,356
Jul   $ 66,521
Jun   $ 64,243
May   $ 60,386
Apr   $ 56,284
Mar   $ 55,824
Feb   $ 55,756
Jan   $ 51,828

Update time:
Sep   $ 88,159
Aug   $ 81,356
Jul   $ 66,521
Jun   $ 64,243
May   $ 60,386
Apr   $ 56,284
Mar   $ 55,824
Feb   $ 55,756
Jan   $ 51,828

[UnexpectedExpenseExpector]

Way to go @andy85 and @druth !

Here is my update:

2014 Jan: (129,703.05)
2015 Jan: (115,355.51)
2016 Jan: (82,545.00)
2017 Jan: 2,693.77

2018
Jan: 48,429.84
Feb: 39,863.96 (Acquired new to us mini-van at low end of our price range and at low end of mileage for vehicles in our price range)
Mar: 44,139.97
Apr: 44,650.91 
May: 48,082.98 (Awesome month for the networth despite getting to pay rent on two places and waiting on the return of one security deposit. Thank you Mr. Market!)
June: 52,774.50  (Cue up the Bon Jovi!)
July: 56,756.98 (Welcome Baby #3)
August: 63,139.77
...
2018 Dec: 68,000 (GOAL)
...
2019 Jul: 100,000 (GOAL)

Happy to have ticked up that 5th digit again.  We are actually almost to 100k in assets but the 30k of student loan debt is still holding this number down, but that is back in the crosshairs!  The December goal is looking very doable at this point provided the market continues to climb.

[FI45RE]

First MMM Forum Post! Found MMM in late December 2017. Made immediate changes. Been reading the forum for awhile now...

Investments + 403b/401k:

12/2017: $38,165 (previously sitting and earning a measly 1.35% in savings) (Before investing/pre-MMM)
01/2018: $39,072
02/2018: $47,432
03/2018: $53,824 (as of 3/12)

My spreadsheet indicates that I will reach $100k by 1/1/2019

Still plugging along...

9/13/2018 Update: $77,976

Should still be on track for an end of the year $100k goal!

[UnexpectedExpenseExpector]

Awesome job @FI45RE ! I hope you beat your target!

[lexde]

3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
06/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30

9/14/2018: $28,138.60

[ItsALongStory]

3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
06/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30

9/14/2018: $28,138.60

$16k in 6 months is pretty awesome, I know how slow it goes in the beginning.

[lexde]

3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
06/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30

9/14/2018: $28,138.60

$16k in 6 months is pretty awesome, I know how slow it goes in the beginning.

Thanks! I just secured a 10k bonus with a lateral transfer so hopefully it goes faster soon!

[11ducks]

You guys are so impressive! This is me (Excluding superannuation and house)

Dec 17 - $16500
Jan 18 - $19000
Feb 18 - $20100
Mar 18 - $21120
Apr 18 - $22090
May 18 - $23700
Jun 18 - $26400
July 18 - $28400
Aug 18 - $29400

I've picked up a second job - goal is $40k by end of 2018!

[QuillScroll]

Update for this month -

30-Apr-18         37941
24-May-18     40069
18-Jun-18       41679
16-Jul-18       46413
13-Aug-18       52974
17-Sep-18       58683

[zeli2033]

Mid-month NW update

8/31/18: $12,784
9/17/18: $14,547

[PassMMM]

Update: Looking like I'll be about 1 month away, so should hit my goal of 100k before 2019 with room to spare! See you all on the 100-250 thread!

April - 41k
May - 48k
June - 55k
July - 66k
Aug-  74k
Sept - 83k
End Sept/NOW (should be same 10/1) - 94k

[ASW]

@PassMMM Geez those are huge chunks.  Congrats!

[adamsputnik]

1/18/18 - 18,350.00
3/15/18 - 20,267.70
5/17/18 - 19,930.00
8/31/18 - 25,908.00
9/21/18 - 28,115.00

One big credit card balance paid off, even if it was at 0%. Those promo periods don't last forever...

Now one more to go. She'll be done in a couple of months.

[Hirondelle]

Jan 2018 €16.000
Feb 2018 €17.050 (+1050)
Mar 2018 €17.300 (+250)
Apr 2018 €18.600 (+1300)
May 2018 €21.200 (+2600)
June 2018 €23.300 (+2100)
July 2018 €24.400 (+1100)
Aug 2018 €25.700 (+1300)
Sept 2018 €26.100 (+400)

Slow month as I went on a 3 week vacation. Still going upwards though :)

[LittleWanderer]

November 2017 - $10,267
December 2017 - $11,208
January 2018 - $10,713
February 2018 - $11,869
March 2018 - $14,175
April 2018 - $14,330
May 2018 - $14,592
August 2018 - $19,246

September 2018 - $20,031

[Serendip]

Dec 18/17    18,146
Jan 19/18     23,607
Feb 20/18     27,000
Mar 31/18     29,008
Apr 19/18     30,100
May 29/18    35,030
June28/18    36,700
July 25/18    39,000
Aug 26/18    40,150
Sept 27/18   42,500

Unavoidable large expenses coming up this month, as well as going to visit family and I just had over two weeks off which will now catch up with me. Am trying to add a few shifts here & there to account for part of it but might have a dip into savings unless I can really pick it up a couple of notches!

[zeli2033]

End of September update

8/31/18: $12,784
9/17/18: $14,547
9/28/18: $$22,476

A couple positive things gave us a bump this month (and going into next month). DH got a bonus and will be getting a raise that takes effect starting in the next month. I will likely get a small bonus as well next month. So progress!

[Spruit]

Hello, there! I just graduated out of the 0 to 10k group, so thought I'd join here. With current income and spending I'm guessing it'll take me 10 years to reach 100k. Let's try to speed it up a bit.

I take home around 1800 euros a month (income's a bit variable: sometimes 1700, sometimes 2100 euros)
My spending hovers around 1000 euros a month, which leaves me 800 to save up and invest. Currently saving up for a house, but also investing for long term gains.

Me and my partner share some expenses and save up for those together on a seperate bank account. I'll just track my private assets in this thread.

Current NW: 12,056 k

[lexde]

3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
06/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60

9/28/2018: $30,242.60

Broke 30k!

[jasert39]

I've been using Personal Capital to track our net work for a few months, this will be a fun place to keep track and more importantly keep ourselves on the saving path!  I've only used the site to factor investment/retirement accounts against mortgage and car loan balance, I have cash set aside for home improvements\emergency so I didn't want that money to show a inflated NW, also have not used homes value to factor into the calculation.


September 1, 2018 - $16,853

[Hirondelle]

Welcome Spruit; congrats on the graduation!

Lexde; well done on crossing 30k! You're jumping forward so fast!

[JAYSLOL]

Jan1 - 63.8k
Feb1 - 64.0k
Mar1 - 65.0k
Apr1 - 65.4k
May1 - 67.5k
June1 - 69.5k
July1 - 72.3k
Aug1 - 74.0k
Sept1 - 76.7k
Oct1 - 79.6k

Updating this slightly early.  Decent month, looking like I could pass 90k by the end of the year without too much work, or get darn close to graduating if I really put in the effort. 

[snoot]

January              67,602
February             72,789
March                 75,413
April                    75,770   
May                    73,933   
June                   77,260
July                    77,632   
August               79,049
September         83,381 
October.             88,081

Well done, everyone!

Sent from my moto g(6) using Tapatalk

[ASW]

1/1/2018:   $38,800
2/1/2018:   $49,800
3/1/2018:   $55,707
4/1/2018:   $64,352
5/1/2018:   $68,097
6/1/2018:   $72,976
7/1/2018:   $80,555
8/1/2018:   $85,858
9/1/2018:   $90,137
10/1/2018: $93,806

This month I focused on asset allocation, and I think I've got something that I'm comfortable going forward with.  Next month my goal is to finalize my investment policy statement.  I did some analysis and realized that I'm paying very little in taxes, and so I'm going to make all my retirement contributions Roth from here on out.  Also, I liquidated the 529s I had with USAA and moved that money into VTSAX at Vanguard, so now all my investments are in low-cost index funds. 

Welcome to all the newcomers!

[ItsALongStory]

1/1/2018:   $38,800
2/1/2018:   $49,800
3/1/2018:   $55,707
4/1/2018:   $64,352
5/1/2018:   $68,097
6/1/2018:   $72,976
7/1/2018:   $80,555
8/1/2018:   $85,858
9/1/2018:   $90,137
10/1/2018: $93,806

This month I focused on asset allocation, and I think I've got something that I'm comfortable going forward with.  Next month my goal is to finalize my investment policy statement.  I did some analysis and realized that I'm paying very little in taxes, and so I'm going to make all my retirement contributions Roth from here on out.  Also, I liquidated the 529s I had with USAA and moved that money into VTSAX at Vanguard, so now all my investments are in low-cost index funds. 

Welcome to all the newcomers!

What a difference a year makes, you have basically already tripled your investments since January.

[Steeze]

Count us in!

May 2018: $55,766

June 1 2018 - $60,028

July 1 2018 - $66,306

Aug 1 2018 - $74,667

Sept 1 2018 - $83,868

Oct 1 2018 - $93,108

Had a spendy month with too much eating out than is warranted - luckily DW had a Guzheng gig at a wedding that made up for it !

On track for graduation next month, 2 months ahead of schedule !

[ASW]

1/1/2018:   $38,800
2/1/2018:   $49,800
3/1/2018:   $55,707
4/1/2018:   $64,352
5/1/2018:   $68,097
6/1/2018:   $72,976
7/1/2018:   $80,555
8/1/2018:   $85,858
9/1/2018:   $90,137
10/1/2018: $93,806

This month I focused on asset allocation, and I think I've got something that I'm comfortable going forward with.  Next month my goal is to finalize my investment policy statement.  I did some analysis and realized that I'm paying very little in taxes, and so I'm going to make all my retirement contributions Roth from here on out.  Also, I liquidated the 529s I had with USAA and moved that money into VTSAX at Vanguard, so now all my investments are in low-cost index funds. 

Welcome to all the newcomers!

What a difference a year makes, you have basically already tripled your investments since January.

Haha yeah...that's what discovering the FIRE concept will do.  Pre MMM, 10 years of working = $38k of savings.  Post MMM, 10 months of working = $55k of savings.

[zeli2033]

1/1/2018:   $38,800
2/1/2018:   $49,800
3/1/2018:   $55,707
4/1/2018:   $64,352
5/1/2018:   $68,097
6/1/2018:   $72,976
7/1/2018:   $80,555
8/1/2018:   $85,858
9/1/2018:   $90,137
10/1/2018: $93,806

This month I focused on asset allocation, and I think I've got something that I'm comfortable going forward with.  Next month my goal is to finalize my investment policy statement.  I did some analysis and realized that I'm paying very little in taxes, and so I'm going to make all my retirement contributions Roth from here on out.  Also, I liquidated the 529s I had with USAA and moved that money into VTSAX at Vanguard, so now all my investments are in low-cost index funds. 

Welcome to all the newcomers!

What a difference a year makes, you have basically already tripled your investments since January.

Haha yeah...that's what discovering the FIRE concept will do.  Pre MMM, 10 years of working = $38k of savings.  Post MMM, 10 months of working = $55k of savings.

THIS. December 2017, our net worth was -$48k. As of today, our net worth is +$25k. What a difference MMM makes.

Nice job getting yourself to this point!!!

[jasert39]

I've been using Personal Capital to track our net work for a few months, this will be a fun place to keep track and more importantly keep ourselves on the saving path!  I've only used the site to factor investment/retirement accounts against mortgage and car loan balance, I have cash set aside for home improvements\emergency so I didn't want that money to show a inflated NW, also have not used homes value to factor into the calculation.


September 1, 2018 - $16,853
October 1, 2018 - $20,234