Author Topic: Race from 10 to 100k!!  (Read 180367 times)

felixbf

  • 5 O'Clock Shadow
  • *
  • Posts: 9
Re: Race from 10 to 100k!!
« Reply #1150 on: March 05, 2017, 10:36:47 PM »
Dec 53,572.89
Jan 63,000.00

Finished all my debt off last year really helped increasing my savings ratio.

67,658.50

Eporedia

  • 5 O'Clock Shadow
  • *
  • Posts: 23
  • Just a gal in NW WI
Re: Race from 10 to 100k!!
« Reply #1151 on: March 06, 2017, 10:53:21 AM »
Welcome Eporedia and Prickly_Turing!  2017 is going to be one fine year . . .

I sure hope so. I want to get rid of some of my debt:

1. About 4k in hospital/clinic bills (My son tonsillectomy and then my girl fell and hit her chin). Insurance covered some, but between deductibles/etc I still have about 4k. I'm paying about 400/mo for now so they do not send me to collections (they do not charge any interest on this one).

2. Finish paying my car (mustache alert -> got the car used, after my 600$ car heating system died. I live in NW Wisconsin). I still owe 4900 on it, 3.49% interest.

Good news for the year:
1. Received a modest 3% increase that will be all applied to my 401k.
2. Small bonus coming - probably 2k. I plan to put 500 on kids 529 college + 500 on car payment and the rest on mutual funds.

Thank you for always keeping us honest!
« Last Edit: March 10, 2017, 04:01:28 PM by Eporedia »

monstermonster

  • Magnum Stache
  • ******
  • Posts: 2753
  • Age: 29
  • Location: The People's Republic of Portland (Oregon)
Re: Race from 10 to 100k!!
« Reply #1152 on: March 06, 2017, 05:37:31 PM »
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


This thread was getting depressing for a bit for me as I started my business, but things are finally starting to look up. Starting a business is hard on the income for a bit :-/
« Last Edit: March 06, 2017, 05:41:41 PM by monstermonster »
Bikes, bowie, and business: using glitter to double my net worth by 30 the new journal- with 68 less pages than the old journal!

I have a brand new podcast about money stress & glitter- check it out (and maybe leave a review so the iTunes gods love me?)

BeautifulDay

  • Stubble
  • **
  • Posts: 159
Re: Race from 10 to 100k!!
« Reply #1153 on: March 06, 2017, 08:17:28 PM »
This thread was getting depressing for a bit for me as I started my business, but things are finally starting to look up. Starting a business is hard on the income for a bit :-/

Glad to hear things are looking up, and after only a few months.  I think that's great progress.   I've enjoyed reading about your self employment adventure, but need to catch up after a break from the forum. 

DH and I are planning to start our own self employ venture within the next year.  Hopefully we will be as fortunate (hardworking) as you.

LurkerStache

  • 5 O'Clock Shadow
  • *
  • Posts: 3
Re: Race from 10 to 100k!!
« Reply #1154 on: March 07, 2017, 01:55:34 AM »
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

Trifele

  • Bristles
  • ***
  • Posts: 369
  • Location: US
Re: Race from 10 to 100k!!
« Reply #1155 on: March 07, 2017, 04:01:23 AM »
Nice progress LurkerStache!!

@Eporedia -- shout out to Wisconsin!  I lived there for many years.  Just moved away last year.

Nederstash

  • Stubble
  • **
  • Posts: 172
Re: Race from 10 to 100k!!
« Reply #1156 on: March 08, 2017, 04:15:44 AM »
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 (** finally checked my house value again, thus the extra 10k increase)
Mar 17: 43989

Was disappointed to see only 1140 increase... but then I remembered I also paid 840 in taxes last week.

BCpuppy

  • 5 O'Clock Shadow
  • *
  • Posts: 29
Re: Race from 10 to 100k!!
« Reply #1157 on: March 11, 2017, 12:42:00 PM »
Starting now!
Feb 2016 39,500
March 41,627

NicoleO

  • Stubble
  • **
  • Posts: 180
Re: Race from 10 to 100k!!
« Reply #1158 on: March 13, 2017, 09:15:17 AM »
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.

Dec 2013: $43,660
Dec 2014: $52,943
Dec 2015: $55,622
Dec 2016: $68,870
Feb 2017: $74,784

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.

rg422

  • 5 O'Clock Shadow
  • *
  • Posts: 15
  • Age: 32
Re: Race from 10 to 100k!!
« Reply #1159 on: March 16, 2017, 10:14:42 AM »
New member to the forum, but I'll join, considering only our investment/cash.
4/2015  - $7,000 total savings!! (we were living like there's no tomorrow, but new job matched 100% up to 6%, so this was our  trigger to start saving)
12/2015 - $13,000
4/2016  -  $25,000 (started maxing out my 401K)
12/2016 - $52,000
3/17      - $84,000

Starting 2017, my wife and I will be contributing max to our 401Ks, ROTH and HSA (me only) so we should, hopefully, accumulate pretty fast.

- Richard


3/16/17 - 95500. I was fortunate enough to receive a pretty decent (to me) bonus last week, plus the first 6% my company matched 100% into my 401K, so our number has risen quite a bit in a couple weeks time. Hoping we cross the 100K threshold next month. I'm pretty excited.

Stay the course, everyone!!
Goal - FIRE 2035 at 50...

"Don't look for the needle in the haystack. Just buy the haystack!" - John Bogle

Trifele

  • Bristles
  • ***
  • Posts: 369
  • Location: US
Re: Race from 10 to 100k!!
« Reply #1160 on: March 16, 2017, 11:54:16 AM »
RG422 -- way to go!  You are almost there!  Very nice job

MVal

  • Pencil Stache
  • ****
  • Posts: 648
  • Age: 34
  • Location: Missouri
Re: Race from 10 to 100k!!
« Reply #1161 on: March 17, 2017, 07:33:39 AM »
Happy St. Patrick's Day, my fellow green Mustachians! I'm happy to report me 401K pot o' gold just crossed $60K, bringing my total NW to over $93K! Just a few more months until I graduate to the next level!

We are champions!
Proverbs 13:4
The soul of the sluggard craves and gets nothing, but the soul of the diligent is made fat.

Proverbs 13:11
Wealth obtained by fraud dwindles, but the one who gathers by labor increases it.

https://tickers.TickerFactory.com/ezt/t/wGp3WGH/savings.png

starjay

  • 5 O'Clock Shadow
  • *
  • Posts: 11
Re: Race from 10 to 100k!!
« Reply #1162 on: March 17, 2017, 01:12:10 PM »
Hi folks, I'm new to the boards, though I've been lurking for a month or so, and thought I'd jump into this thread (I'll go introduce myself in the welcome thread, too). Nice to meet y'all!

I've only started tracking my net worth this year, so:

January 2017:  $54,765.72
February 2017: $58,616.88
March 2017:     $62,304.54

I've been digging myself out of CC and other consumer debt for the past few years, and will be completely out from under the credit cards by the fall equinox - and then I anticipate seeing these numbers really take off.

Trifele

  • Bristles
  • ***
  • Posts: 369
  • Location: US
Re: Race from 10 to 100k!!
« Reply #1163 on: March 18, 2017, 03:58:56 AM »
Welcome to the group Starjay!   Your snowball is looking great already, and will really take off in the fall!

BeautifulDay

  • Stubble
  • **
  • Posts: 159
Re: Race from 10 to 100k!!
« Reply #1164 on: March 25, 2017, 11:57:32 AM »
One year of tracking with Mint.  Started at about $37,300 (including HSA).  Now I am just short of $100k. 

Next month we buy a house. So I'll be sticking around this thread a bit longer.  Just cool to see how much progress we've made in a year.

March 2016      $28,361.48
April 2016              $31,751.53
May 2016              $38,742.00
June 2016              $40,970.43
July 2016              $61,657.51 (added in  my HSA of about 9k into Mint)
August 2016      $64,120.62
September 2016.  $66,961.32
October 2016      $70,179.38
November 2016      $73,125.54
December 2016      $80,499.21
January 2017      $87,257.39
February 2017      $93,080.00
March 2017      $99,766.09

Overflow

  • 5 O'Clock Shadow
  • *
  • Posts: 68
  • Age: 27
  • Location: Mid-Michigan
Re: Race from 10 to 100k!!
« Reply #1165 on: March 27, 2017, 08:29:17 AM »
One year of tracking with Mint.  Started at about $37,300 (including HSA).  Now I am just short of $100k. 

Next month we buy a house. So I'll be sticking around this thread a bit longer.  Just cool to see how much progress we've made in a year.

March 2016      $28,361.48
April 2016              $31,751.53
May 2016              $38,742.00
June 2016              $40,970.43
July 2016              $61,657.51 (added in  my HSA of about 9k into Mint)
August 2016      $64,120.62
September 2016.  $66,961.32
October 2016      $70,179.38
November 2016      $73,125.54
December 2016      $80,499.21
January 2017      $87,257.39
February 2017      $93,080.00
March 2017      $99,766.09

Wow, great work BeautifulDay! You made some big jumps in there.

I added my NW to my sig line, but I wanted to participate in this journal as well. We have some big expenses coming up in the next month or two (repairs/improvements around the house), so it will take a little step back.

Might be hanging out in this thread for a while.

Current Net worth (excluding equity):
12/16 - $33,456
1/17 - $32,817
2/17 - $33,360
3/17 - $41,224

Mortgage :
12/16 - $153,968.72
1/17 - $153,713.39
2/17 - $153,457.21
3/17 - $153,200.17

Forum Journal:
http://forum.mrmoneymustache.com/journals/the-mitten-life-discipline-not-dreams/

NickleNurser

  • 5 O'Clock Shadow
  • *
  • Posts: 11
Re: Race from 10 to 100k!!
« Reply #1166 on: March 28, 2017, 07:46:39 PM »
19,799 Jan 2016
18,990 Feb
21,803 Mar
34,510 April
37,172 May
40,277 June
47,027 July
47,772 Aug
51,071 Sept
53,397 Oct
59,326 Nov
64,142 Dec
69,685 January 2017
71,722 Feb
75,795 Mar

felixbf

  • 5 O'Clock Shadow
  • *
  • Posts: 9
Re: Race from 10 to 100k!!
« Reply #1167 on: March 28, 2017, 10:40:17 PM »
Dec 53,572.89
Jan 63,000.00

Finished all my debt off last year really helped increasing my savings ratio.

67,658.50

77,011 March

Trifele

  • Bristles
  • ***
  • Posts: 369
  • Location: US
Re: Race from 10 to 100k!!
« Reply #1168 on: Today at 03:18:11 AM »
19,799 Jan 2016
18,990 Feb
21,803 Mar
34,510 April
37,172 May
40,277 June
47,027 July
47,772 Aug
51,071 Sept
53,397 Oct
59,326 Nov
64,142 Dec
69,685 January 2017
71,722 Feb
75,795 Mar

Wow NickleNurser -- nice progress.  You have the pedal to the metal!