Author Topic: Race from 100 to 250k  (Read 149486 times)

MichaelB

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Re: Race from 100 to 250k
« Reply #1150 on: August 01, 2017, 08:45:19 AM »
Feb 29 2016: $79,516.82
March 31 2016: $83,734.70
April 30 2016: $87,137.39
May 31 2016: $89,555.65
June 30 2016: $93,641.14
July 31 2016: $101,134.66
Aug 31 2016: $104,093.75
Sept 30 2016: $105,485.80
Oct 31 2016: $109,245.15
Nov 30 2016: $107,889.49
Dec 31 2016: $112,056.39

Jan 31 2017: $118,069.75
Feb 28 2017: $122,510.00
March 31 2017: $127,153.94
April 30 2017: $128,416.64
May 31 2017: $132,481.64
June 30 2017: $134,088.17
July 31 2017: $139,083.07

Good month for the markets, plus a medical bill refund, plus no large unexpected expenses. Second best month this year!

DarkandStormy

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Re: Race from 100 to 250k
« Reply #1151 on: August 01, 2017, 09:36:19 AM »
5/1/17 - $115,775  //  $92,843
6/1/17 - $132,067  //  $96.095
7/1/17 - $134,078  //  $96,404
8/1/17 - $142,711  //  $100,068

*Updated for NW //  Invested Assets
« Last Edit: August 03, 2017, 07:20:16 AM by DarkandStormy »
The Chase Trifecta:

Earn 50,000 Ultimate Rewards points with Chase Sapphire Preferred - $4k spending in 3 months.
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afuera

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Re: Race from 100 to 250k
« Reply #1152 on: August 01, 2017, 09:56:03 AM »
1/1/2017: INV-$107,733.74     NW-$188,244.05
2/1/2017: INV-$117,155.67     NW-$199,327.18
3/1/2017: INV-$130,755.36     NW-$209,268.66
4/1/2017: INV-$150,924.22     NW-$231,298.12
5/1/2017: INV-$161,757.38     NW-$240,471.22
6/1/2017: INV-$171,173.97     NW-$248,728.12
7/1/2017: INV-$191,558.47     NW-$269,949.18
8/1/2017: INV-$210,017.87     NW-$288,580.05

Another big jump this month.  For reasons that I don't entirely understand, my Pension cash out value jumped up 6K since last month (total value ~13K).  Maybe just market performance?  I feel okay counting this number because based on phone conversations I've had with Fidelity, this is an accurate amount if I quit tomorrow and asked for a check that day.  Other than that, we had a friend move in with us so we have an extra $800/mo to invest since he is paying rent.
Plan on staying in this thread until investments reach $250K which should be before the end of the year.

« Last Edit: August 02, 2017, 08:26:36 AM by afuera »
"The price of anything is the amount of life you exchange for it" - Henry David Thoreau

6/2017: INV-3.4x, NW-5.0x
Projected FIRE date: 2025
Journal.

AK

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Re: Race from 100 to 250k
« Reply #1153 on: August 01, 2017, 10:20:19 AM »
Hit ~$219K today. Had a baby, bought a new vehicle, and other things so it dragged down growth a bit. Hoping to graduate later this year or early next.

Check2400

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Re: Race from 100 to 250k
« Reply #1154 on: August 01, 2017, 10:32:34 AM »

Jan. 1, 2017 - 103,000
Feb. 1, 2017 - 106,500
Mar. 1 2017  - 102,500
Apr. 1  2017 -  110,000
May 1  2017 -  112,500
June 1 2017 -  113,500
July  1 2017 -  120,500
Aug. 1 2017 -  131,000


Things are back on track!  This is the first month I haven't had to put money into the new house, and I had some escrow refunds hit on the old house that was sold.  Current house (so many houses!) just got a contract offer, so by the 10th of September it looks like we'll have it sold, and be moved in and getting settled on the new forever home.

Excited to normalize spending, even if it is with a new higher mortgage. 

The plan for now is to sock away as much cash for the higher safety reserve while figuring out the new monthly budget, then fund the 529. 

Weird to think that 4 years ago I had no house, $65,000 in debt, had yet to even meet my now wife, and almost no retirement savings.  Now it feels like I have stopped clicking up the rollercoaster and am tilting over the top.  College savings, a "new" car, and the mortgage payoff are bumps along the way, but I feel like I've passed the uphill climb in life. (knocks on wood, no jinx).


Bart1ma3u5

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Re: Race from 100 to 250k
« Reply #1155 on: August 01, 2017, 01:02:37 PM »

7/1/2014     $(5,000.00)
1/1/2015     $6,200.00
7/1/2015     $16,873.00
1/1/2016     $45,436.00
7/1/2016     $59,000.00
1/1/2017     $77,441.00           
7/1/2017  $100,056
8/1/2017    $105,261

Cornel_Westside

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Re: Race from 100 to 250k
« Reply #1156 on: August 01, 2017, 01:12:49 PM »
03/2017 - $130,500
04/2017 - $133,780 (+3280 - Saved $2500, Market Gains $780, Savings Ratio 48.2%)
05/2017 - $138,157 (+4377 - Saved $2835, Market Gains $1542, Savings Ratio 54.4%)
06/2017 - $144,144 (+5987 - Saved $3265, Market Gains $2731, Savings Ratio 61.9%)
07/2017 - $147,452 (+3308 - Saved $2039, Market Gains $1269, Savings Ratio 39.1%)
08/2017 - $152,993 (+5541 - Saved $2961, Market Gains $2580, Savings Ratio 54.3%)

Disappointing month in the ratio, but it's because I bought a bike. It wasn't particularly expensive, but I didn't have any of the necessary bike accessories, etc. I expect it to save me money long term, although right now my wrist hurts from a ride yesterday, so I may have to work up to using it for longer rides.

BeautifulDay

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Re: Race from 100 to 250k
« Reply #1157 on: August 01, 2017, 06:23:49 PM »

Mar 2016     $28,361
Apr 2016     $31,751
May 2016     $38,742
Jun 2016     $40,970
Jul 2016     $61,657 (added my HSA of about 9k into Mint)
Aug 2016     $64,120
Sep 2016     $66,961
Oct 2016     $70,179
Nov 2016     $73,125
Dec 2016     $80,499
Jan 2017     $87,257
Feb 2017     $93,080
Mar 2017     $99,766
Apr 2017     $97,334
May 2017     $100,755
Jun 2017     $102,562
Jul 2017     $107,429




SquirrelStache

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Re: Race from 100 to 250k
« Reply #1158 on: August 02, 2017, 05:22:01 AM »
June 2017 - $100,579
July 2017 - $103,003

August 2017 - $106,713

Imustacheyouaquestion

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Re: Race from 100 to 250k
« Reply #1159 on: August 02, 2017, 06:19:17 AM »
Aug 2016      $104,410.00
Sept 2016    $106,084.00   
Oct 2016       $107,559.00
Nov 2016      $103,227.00
Dec 2016      $107,460.00
Jan 2017       $111,400.00
Feb 2017       $145,239.58
Mar 2017       $154,141.21
Apr 2017        $160,150.58
May 2017       $156,334.39
June 2017      $162,557.18
July 2017       $170,357.32

Google doc link: https://docs.google.com/spreadsheets/d/1Z8OcegKpbeNJoqSI0nzoBuypFKqDD7BT2SS60oFEeCw/edit#gid=0

Just got back from a 10-day vacation on a budget (road trip, staying with friends/family) and noticed a nice jump for July. I think my goal for 2017 was to hit $150k, which obviously wasn't ambitious enough :)

neo von retorch

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Re: Race from 100 to 250k
« Reply #1160 on: August 02, 2017, 06:28:55 AM »
4/30/2016$165,578
5/31/2016$159,279
6/30/2016$163,891
7/31/2016$165,478
8/31/2016$173,545
9/30/2016$176,398
10/31/2016$179,665
11/30/2016$183,765
12/31/2016$192,094
1/31/2017$199,569(+$7475)
2/28/2017$203,367(+$3798)
3/31/2017$218,745(+$15378)
4/30/2017$221,556(+$2821)
5/31/2017$225,372(+$3816)
6/30/2017$218,253(-$7119)
7/31/2017$218,926(+$653)

Paid off a bunch of revolving credit card balances, reducing liquid assets a bit but improving net worth. Things should pick up from here (assuming the markets don't wreak havoc.)

aneel

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Re: Race from 100 to 250k
« Reply #1161 on: August 02, 2017, 06:48:38 AM »
+$25k this month.  Its hard for me to realize that this is not just optics, but actual gains - we're tracking only invested funds here.  We sold our house for a profit last month and moved into a rental (temporarily).  We kept liquid the most we'll need for our next down payment, and put the rest ($26k) into our investments.  Also dumped my old 401k costing me ~$3k in non-vested ghost balance.  I'm starting to feel like we may actually reach our goals!

dignam

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Re: Race from 100 to 250k
« Reply #1162 on: August 02, 2017, 06:50:02 AM »
$112k today.  My house is going up for sale so that number is bound to fluctuate depending on what's offered.  It is a complete seller's market in this area however; there is literally nothing for sale within $50k of what I'm asking; anything that goes up is sold usually within a week or two.  Kind of excited!

06/30/2017  $112k
07/31/2017  $115k

turketron

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Re: Race from 100 to 250k
« Reply #1163 on: August 02, 2017, 08:24:03 AM »
April 2015: $98k
May 2015: $111k
June 2015: $112k
July 2015: $113k
Aug 2015: $113k
Sept 2015: $116k
Nov 1 2015: $120,330.91
Dec 1 2015: $138,810.56

Jan 1 2016: $141,251.00
Feb 1 2016: $135,573.00
Mar 4 2016: $138,331.39
Apr 1 2016: $146,788.37
May 1 2016: $149,149.52
Jun 1 2016: $161,205.21
July 1 2016: $165,947.80
Aug 1 2016: $176,198.00
Sep 1 2016: $178,840.37
Oct 1 2016: $184,372.64
Nov 1 2016: $181,625.28
Dec 1 2016: $187,972.57

Jan 1 2017: $193,414.19
Feb 1 2017: $200,758.63
Mar 1 2017: $211,677.78
Apr 1 2017: $217,643.71
May 1 2017: $225,773.04
Jun 1 2017: $232,222.09
July 1 2017: $235,779.19
Aug 1 2017: $244,461.55

tarheeldan

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Re: Race from 100 to 250k
« Reply #1164 on: August 02, 2017, 11:02:30 AM »
Aug 1 2017: $244,461.55

Almost!!!

I love this thread, getting to see everyone's progress :-)

___________________________________________________________
Another great month! Up $5,632.14 or 3.2% to $180,150.06!!
This is despite some pretty big spending (thank you, market!):
  • $920 - car repairs (front brakes, brake fluid, serpentine belt, filters, etc.)
  • $450 - veterinarian (ultrasound to check on heart murmur, annual checkup and vaccines)
  • $300 - new mattress - IKEA Sultan from 2008 has had it ; on the plus side, fixed the slats on my Malm bed with $1.75 of wood and help from a really friendly dude at Home Depot!

Some of us are tracking our progress here, feel free to join in:
https://docs.google.com/spreadsheets/d/1Z8OcegKpbeNJoqSI0nzoBuypFKqDD7BT2SS60oFEeCw/edit#gid=0

Slinky

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Re: Race from 100 to 250k
« Reply #1165 on: August 02, 2017, 12:36:39 PM »
Aug 2017 - $135,550

We'll see how the rest of this year turns out considering my husband quit his job with nothing lined up. I guess we've reached the point of having FU money.

moonpalace

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Re: Race from 100 to 250k
« Reply #1166 on: August 02, 2017, 12:53:18 PM »
Jan 2017           $42,000
February 2017   $51,000
March 2017   $57,500
April 2017           $62,500
May 2017           $71,546
June 2017           $80,500
July 2017           $88,597
August 2017   $97,618

(joining a few hours early - I'll hit $100k at about 5:00 a.m. tomorrow when my paycheck gets deposited!)

marcela

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Re: Race from 100 to 250k
« Reply #1167 on: August 02, 2017, 02:06:38 PM »
Jan 2017           $42,000
February 2017   $51,000
March 2017   $57,500
April 2017           $62,500
May 2017           $71,546
June 2017           $80,500
July 2017           $88,597
August 2017   $97,618

(joining a few hours early - I'll hit $100k at about 5:00 a.m. tomorrow when my paycheck gets deposited!)
Welcome to the board! You look like you are off to a fantastic start!

marshdesign

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Re: Race from 100 to 250k
« Reply #1168 on: August 02, 2017, 04:54:34 PM »

Starting out at --->
June  2017     $125,500
JULY  2017     $126,500


1,000 bucks this month, not very impressive. House value went up but I do not count that in this net worth value. Waiting on a distribution from an investment that should boost me up next month hopefully.


Starting out at --->
June  2017     $125,500
JULY  2017     $126,500
AUGUST  2017 $128,300

+$1800 Not bad. A couple of random one time wins.

Won a free share of facebook ($164) signing up for Robinhood, thanks to someone who recommended it on a MMM fourm.

My side hustle teaching design and freelance on Skillshare is paying off! Had a few referrals as well as getting paid for people viewing my classes. +$220!  Not bad for having fun!

+200 credit card bonus came through! wells fargo cash wise, getting my husbands next month :)

+50 doing some product reviews for G2, they keeping asking me to fill out more reviews, I get 10 bucks or an amazon card each. I guess they like my reviews, not sure everyone gets invited to do more than one.
« Last Edit: August 02, 2017, 04:57:13 PM by marshdesign »
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Side Hustle #1
Teaching graphic design online on Skillshare. Wish me luck!
https://www.skillshare.com/user/marshdesign

moonpalace

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Re: Race from 100 to 250k
« Reply #1169 on: August 03, 2017, 03:54:35 AM »
Jan 2017           $42,000
February 2017   $51,000
March 2017   $57,500
April 2017           $62,500
May 2017           $71,546
June 2017           $80,500
July 2017           $88,597
August 2017   $97,618

(joining a few hours early - I'll hit $100k at about 5:00 a.m. tomorrow when my paycheck gets deposited!)
Welcome to the board! You look like you are off to a fantastic start!

Thanks! I wish the fantastic start had come about ten years earlier, but I'm really happy with where we are now!! :-)

tarheeldan

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Re: Race from 100 to 250k
« Reply #1170 on: August 03, 2017, 07:20:26 AM »
August 2017   $97,618

(joining a few hours early - I'll hit $100k at about 5:00 a.m. tomorrow when my paycheck gets deposited!)

Welcome!!

Mazzinator

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Re: Race from 100 to 250k
« Reply #1171 on: August 03, 2017, 07:40:10 AM »
Does not include real estate.

5/3/16 - $100,825
6/3/16 - $104,923
7/6/16 - $106,848
8/3/16 - $116,321
9/5/16 = $127,594
10/4/16 = $134,384
11/1/16 = $136,144
12/6/16 = $146,890

1/2/17 = $156,358
2/3/17 = $167,434
3/3/17 = $181,696
4/4/17 = $158,601 hubs bought a car ($184,967 with car as asset)
5/4/17 = $165,972 ($191,951 with car as asset)
6/3/17 = $173,407 (NW = $198,839 with car as asset)
7/4/17 = $170,047
8/3/17 = $176,704

Missed a month, and decided not to add in car.
"This is the life I chose or rather the life that chose me." - Jay-Z

SpareChange

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Re: Race from 100 to 250k
« Reply #1172 on: August 03, 2017, 08:57:50 AM »
Jan 2017           $42,000
February 2017   $51,000
March 2017   $57,500
April 2017           $62,500
May 2017           $71,546
June 2017           $80,500
July 2017           $88,597
August 2017   $97,618

(joining a few hours early - I'll hit $100k at about 5:00 a.m. tomorrow when my paycheck gets deposited!)

Come on in! Looks like you're doing great!

SpareChange

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Re: Race from 100 to 250k
« Reply #1173 on: August 03, 2017, 10:45:31 AM »
Aug 1 2017: $244,461.55

Almost!!!

I love this thread, getting to see everyone's progress :-)

___________________________________________________________
Another great month! Up $5,632.14 or 3.2% to $180,150.06!!
This is despite some pretty big spending (thank you, market!):
  • $920 - car repairs (front brakes, brake fluid, serpentine belt, filters, etc.)
  • $450 - veterinarian (ultrasound to check on heart murmur, annual checkup and vaccines)
  • $300 - new mattress - IKEA Sultan from 2008 has had it ; on the plus side, fixed the slats on my Malm bed with $1.75 of wood and help from a really friendly dude at Home Depot!

Some of us are tracking our progress here, feel free to join in:
https://docs.google.com/spreadsheets/d/1Z8OcegKpbeNJoqSI0nzoBuypFKqDD7BT2SS60oFEeCw/edit#gid=0

Isn't it great to see expenses like those become mere blips in the numbers? Great month!

MrStash

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Re: Race from 100 to 250k
« Reply #1174 on: August 03, 2017, 11:28:16 AM »
$76,681.12 - Jan 2016
$78,394.20 - Feb 2016
$82,651.23 - Mar 2016
$84,554.86 - Apr 2016
$86,839.45 - May 2016
$92,097.50 - Jun 2016
$96,841.10 - Jul 2016
$77,947.65 - Aug 2016
$83,571.41 - Sep 2016
$86,421.49 - Oct 2016
$91,967.15 - Nov 2016
$96,764.63 - Dec 2016

$102,739.32 - Jan 2017
$110,530.30 - Feb 2017
$115,337.66 - Mar 2017
$120,434.93 - Apr 2017
$124,915.92 - May 2017
$131,400.73 - Jun 2017
$135,978.44 - Jul 2017

Increase of about $4,500 last month.

moonpalace

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Re: Race from 100 to 250k
« Reply #1175 on: August 03, 2017, 12:45:35 PM »
Some of us are tracking our progress here, feel free to join in:
https://docs.google.com/spreadsheets/d/1Z8OcegKpbeNJoqSI0nzoBuypFKqDD7BT2SS60oFEeCw/edit#gid=0

Just joined! Really love the spreadsheet!

I'm in last place for now, but really excited just to be in on this!

Haselbacher

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Re: Race from 100 to 250k
« Reply #1176 on: August 03, 2017, 06:57:53 PM »


I am also in. All investments combined.
Projected graduation date: July 2021. Let’ go!

Jan 2017 - 104.349,70 €
Feb 2017 - 107.347,94 €
Mar 2017 - 109.555,88 €
Apr 2017 - 114.946,86 €
May 2017 - 116.421,26 €
July 2017 - 117.381,18 €

Aug 2017 - 115.849,52€

This is going to be a long bumpy ride...

Nairobi

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Re: Race from 100 to 250k
« Reply #1177 on: August 03, 2017, 08:32:58 PM »
I graduated from 100k thread at the end of July and I will jump in and hopefully the good times will continue to roll. I'm excited to have made it this far since discovering Mr. MM in Dec 2016.

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).

Pizzabrewer

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Re: Race from 100 to 250k
« Reply #1178 on: August 03, 2017, 09:33:45 PM »
Jan 1:  $170,881  (start of tracking)
Feb 1:  $183,768 
Mar 1:  $197,020 
Apr 1:  $202,363 
May 1: $223,229
Jun 1:  $244,355
Jul 1:   $249,532 
Aug 1:  $262,500

Woo hoo!  Looks like we've graduated!! 

Our investments continue to power our NW growth.  I was surprised how well we did, it sure didn't feel like such a big jump until I ran the numbers. 

Doing a happy dance!

DarkandStormy

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Re: Race from 100 to 250k
« Reply #1179 on: August 04, 2017, 07:28:49 AM »
Jan 1:  $170,881  (start of tracking)
Feb 1:  $183,768 
Mar 1:  $197,020 
Apr 1:  $202,363 
May 1: $223,229
Jun 1:  $244,355
Jul 1:   $249,532 
Aug 1:  $262,500

Woo hoo!  Looks like we've graduated!! 

Our investments continue to power our NW growth.  I was surprised how well we did, it sure didn't feel like such a big jump until I ran the numbers. 

Doing a happy dance!

Very impressive.  Congrats!

With just a touch of market luck you could be upwards of $300K at 12/31! Wow.
The Chase Trifecta:

Earn 50,000 Ultimate Rewards points with Chase Sapphire Preferred - $4k spending in 3 months.
https://www.referyourchasecard.com/6/2MOVOLZCEJ

Earn a $150 bonus with Chase Freedom Unlimited - only $500 spending needed in 3 months.
https://www.referyourchasecard.com/18/ENYF0FTS66

Earn a $150 bonus with Chase Freedom - only $500 spending needed in 3 months.
https://www.referyourchasecard.com/2/DBOP9XI9XT

SpareChange

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Re: Race from 100 to 250k
« Reply #1180 on: August 04, 2017, 09:20:51 AM »
Jan 1:  $170,881  (start of tracking)
Feb 1:  $183,768 
Mar 1:  $197,020 
Apr 1:  $202,363 
May 1: $223,229
Jun 1:  $244,355
Jul 1:   $249,532 
Aug 1:  $262,500

Woo hoo!  Looks like we've graduated!! 

Our investments continue to power our NW growth.  I was surprised how well we did, it sure didn't feel like such a big jump until I ran the numbers. 

Doing a happy dance!

Awesome!!! Congrats!

richmadethis

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Re: Race from 100 to 250k
« Reply #1181 on: August 05, 2017, 06:36:35 PM »
01/02/17   : 101,101
01/03/17   : 104,109
01/04/17   : 106,512
01/05/17   : 109,202
01/06/17   : 112,457
01/07/17   : 115,417
01/08/17   : 118,425

Looks like I should get to the 120s next month.

Vertical Mode

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Re: Race from 100 to 250k
« Reply #1182 on: August 05, 2017, 06:59:21 PM »
End Q4 2016: $146,500

Just over 100k to go!

Up to $173,500. Hoping to break through the $200k mark by October.
"That is why you will never be a good detective, Cato. It's so obvious, it cannot POSSIBLY be a trap..."

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smithandwestern

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Re: Race from 100 to 250k
« Reply #1183 on: August 07, 2017, 12:08:49 AM »
Hi All,

Just graduated to the new class,

July 2017
Shares: $60,423
Cash: $50,000
Superannuation: ~ $40,000

Slowly switching cash across to shares till it is at a more reasonable level whilst trying to save at least 50% of my income. Currently a split between IOZ & VGS (Australian Stock Exchange)


Looking forward to joining the journey with you.



Cheers


felixbf

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Re: Race from 100 to 250k
« Reply #1184 on: August 07, 2017, 02:00:56 AM »
@ 111064 July.
« Last Edit: August 10, 2017, 02:57:35 AM by felixbf »

TryingtoFIREinNYC

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Re: Race from 100 to 250k
« Reply #1185 on: August 07, 2017, 08:04:21 PM »
5/01/2017:  $198,456
5/15/2017:  $200,404   
5/31/2017:  $207,044
6/15/2017:  $213,996
7/05/2017:  $219,933
7/17/2017:  $225,853
8/01/2017:  $228,504 (had to buy a (old used) car so mostly market gains this time around - should be back on track next month!)

Closer2theSKY

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Re: Race from 100 to 250k
« Reply #1186 on: August 08, 2017, 06:42:37 AM »
Hello fellow mustachians!  I'm excited to join this thread! 
I've just recently been bit by the MMM bug and feeling motivated. My last few months are unusual due to larger paychecks during the summer months, but hoping to keep the momentum on the way to 250k.
3/5/2017   $88,713
4/5/2017   $95,007
5/5/2017   $101,009
6/5/2017   $106,504
7/5/2017   $113,934
8/5/2017   $128,690

mrteacher

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Re: Race from 100 to 250k
« Reply #1187 on: August 08, 2017, 07:24:52 AM »
4/1/16: $100,869
5/1/16: $104,268
6/1/16: $107,087
7/1/16: $112,489
8/1/16: $118,328
9/1/16: $120,838
10/1/16: $124,626
11/1/16: $126,949
12/1/16: $132,846
1/1/17: $141,336
2/1/17: $145,890
3/1/17: $152,308
4/1/17: $155,552
5/1/17: $160,430
6/1/17: $165,384
7/1/17: $174,224 (three paycheck month, a few stipends pay out in June)

Some big expenses coming up over the next couple months: an out-of-state move, my wedding, and furnishing our new place. I should be able to 'hold the line' at around $175,000. If I manage to hit $180,000 on 9/1, though, that would be wonderful.

8/1: $175,435

It's a wonderful thing when I'm disappointed by a 'mere' $1,000 increase in NW! Just as it's a wonderful thing that TarHeelDan's major expenses become, as SpareChange says, a 'blip in the numbers'. That's exactly what I noticed this month with moving expenses, initial up-front costs of renting a new place, furnishing said place, etc.
« Last Edit: August 08, 2017, 07:30:51 AM by mrteacher »

MVal

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Re: Race from 100 to 250k
« Reply #1188 on: August 10, 2017, 08:20:29 AM »
4/1/16: $100,869
5/1/16: $104,268
6/1/16: $107,087
7/1/16: $112,489
8/1/16: $118,328
9/1/16: $120,838
10/1/16: $124,626
11/1/16: $126,949
12/1/16: $132,846
1/1/17: $141,336
2/1/17: $145,890
3/1/17: $152,308
4/1/17: $155,552
5/1/17: $160,430
6/1/17: $165,384
7/1/17: $174,224 (three paycheck month, a few stipends pay out in June)

Some big expenses coming up over the next couple months: an out-of-state move, my wedding, and furnishing our new place. I should be able to 'hold the line' at around $175,000. If I manage to hit $180,000 on 9/1, though, that would be wonderful.

8/1: $175,435

It's a wonderful thing when I'm disappointed by a 'mere' $1,000 increase in NW! Just as it's a wonderful thing that TarHeelDan's major expenses become, as SpareChange says, a 'blip in the numbers'. That's exactly what I noticed this month with moving expenses, initial up-front costs of renting a new place, furnishing said place, etc.

I know the feeling. My savings rate has taken a hit this year since moving a few months ago. I've tried to keep expenses down, but I have had to buy a lot items, start paying utility bills on my own, make adjustments in insurance, etc. I'm hoping to get more in a regular groove soon as far as monthly expenses becoming more routine and predictable.
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.

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RetroFIRE

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Re: Race from 100 to 250k
« Reply #1189 on: August 11, 2017, 05:42:08 PM »
Awesome! A band I fit into!

Very much looking forward to crossing that $200K barrier. Turning that straight 1 into a crooked 2 is going to be mighty sweet.

2017 August - $191,527 (15.51% to goal)

Nick_Miller

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Re: Race from 100 to 250k
« Reply #1190 on: August 15, 2017, 08:39:43 PM »
Jan 2016     $80,165.78
Feb 2016     $88,372.39
March 2016 $101,768.81
April 2016   $106,876.35
May 2016    $106,529.21
June 2016   $109,892.28
July 2016   $115,035.02
Aug 2016   $125,235.44
Sept 2016  $126,076.92
Oct 2016    $129,441.04
Nov 2016   $135,152.36
Dec 2016   $138,352.17
Jan 2017    $147,729.69
Feb 2017    $150,339.59
Mar 2017    $140,835.79
April 2017  $140,805.57
May 2017   $149,690.19
June 2017  $154,227.47
July 2017   $157,768.24
Aug 2017  $163,185.74

Solid August! Maxed out IRAs for the year! Bam! $180K MAY be possible by year's end, if the market stays hot. However, we have to start cash flowing braces payments for one kiddo and some medical testing for the other, so progress might slow a bit.
« Last Edit: August 16, 2017, 04:01:06 AM by Nick_Miller »

dystopic

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Re: Race from 100 to 250k
« Reply #1191 on: August 16, 2017, 11:27:41 PM »
16th March 2017 - $156,970.56
14th April 2017 - $172,158.80 (+$15,188.24)
18th May 2017 - $187,986.35 (+$15,827.55)
18th June 2017 - $219,742.03 (+$31,755.68) Whatever small amount I had in cryptocurrencies went bonkers 😳
14th July 2017 - $200,846.03 (-$18,896) - Vanguard dropped over 5% and the crypto portfolio dropped 34%. Additionally I paid for house renovation, moving, bond, and prepaid the rent. So the drop may look dramatic but it's really where it was 6 weeks ago. Also I own way more Vanguard units now than during the last update.
17th August 2017 - $228,106.09 (+$27,260.06) Back on track, although I still have some big expenses coming up in the near future. Hoping to graduate by the end of October 2017.

moonpalace

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Re: Race from 100 to 250k
« Reply #1192 on: August 17, 2017, 09:13:08 AM »
Just topped $100k this morning, thanks to 457 plan contribution! Basically $120k invested, $18k in cash/checking, $70k student loans, $32k home equity.

That's based on a very conservative estimate of home equity. A more realistic estimate would have put me over $100k a couple months ago, but since I have no plans to sell for at least 10 years, I want to underemphasize the role home equity plays in my thinking.

How do the rest of you factor home equity into NW calculations?

DarkandStormy

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Re: Race from 100 to 250k
« Reply #1193 on: August 17, 2017, 09:57:13 AM »
How do the rest of you factor home equity into NW calculations?

Also not planning on moving in 8+ years.

I use "owner page" estimates from Redfin and Zillow and then take a look at the comps every month or so - a site that just aggregates data is bound to get one or two wrong now and then.  So I follow what the market is doing in my area for similar houses as mine (about once a month), check that against the Redfin and Zillow estimates (note - Zestimates are terrible, but their owner page is fairly accurate), and then use a $/sq ft I think my house would sell for.

I started breaking out Total NW and Invested Assets, or stash.  I figure home equity isn't as relevant to FIRE until we sell, but even then it'll just go to the next house purchase.
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martyconlonontherun

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Re: Race from 100 to 250k
« Reply #1194 on: August 17, 2017, 11:01:24 AM »
I'm about 3 years away from this thread but like to look at it for comparisons. Why don't more people post their income/age for becnhmarking purposes on this thread? I know it is personal, but so is NW. It would be really helpful to see if the 6k jump every month is based on savings/market jumping or just a pay raise.

I added context to my tally on the Race to 10k but would appreciate if more people were willing to share more information for context for newbies looking into the future. IE. I probably wont race through this thread in 1 year like the guy making $250k a year, but I would be comparable to the woman making 80k with a mortgage.

Pooperman

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Re: Race from 100 to 250k
« Reply #1195 on: August 17, 2017, 11:18:55 AM »
I'm about 3 years away from this thread but like to look at it for comparisons. Why don't more people post their income/age for becnhmarking purposes on this thread? I know it is personal, but so is NW. It would be really helpful to see if the 6k jump every month is based on savings/market jumping or just a pay raise.

I added context to my tally on the Race to 10k but would appreciate if more people were willing to share more information for context for newbies looking into the future. IE. I probably wont race through this thread in 1 year like the guy making $250k a year, but I would be comparable to the woman making 80k with a mortgage.

Check out my numbers, then. My wife and I are fairly similar since we combine for between 90k and 100k/yr with a mortgage and the rest of that. In this thread, I've also broken it down by savings and market gains. The 10k-100k has the rest of the numbers easily accessible (as does my journal!).

marcela

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Re: Race from 100 to 250k
« Reply #1196 on: August 17, 2017, 11:27:10 AM »
I'm about 3 years away from this thread but like to look at it for comparisons. Why don't more people post their income/age for becnhmarking purposes on this thread? I know it is personal, but so is NW. It would be really helpful to see if the 6k jump every month is based on savings/market jumping or just a pay raise.

I added context to my tally on the Race to 10k but would appreciate if more people were willing to share more information for context for newbies looking into the future. IE. I probably wont race through this thread in 1 year like the guy making $250k a year, but I would be comparable to the woman making 80k with a mortgage.
Hi Marty, I think I did post that on my thread. It can help a ton to see where people are coming from on these threads.
I'm 29, husband is 30, we've got no kids and we rent in a LCOL area (I think? I'm not quite sure how one determines LCOL vs. MCOL). My husband just recently starting working after years of us being a single income family while he was in school. My salary progression is in my posts and I also do a little summary of the past month. I hope this helps!

martyconlonontherun

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Re: Race from 100 to 250k
« Reply #1197 on: August 17, 2017, 12:01:45 PM »
I'm about 3 years away from this thread but like to look at it for comparisons. Why don't more people post their income/age for becnhmarking purposes on this thread? I know it is personal, but so is NW. It would be really helpful to see if the 6k jump every month is based on savings/market jumping or just a pay raise.

I added context to my tally on the Race to 10k but would appreciate if more people were willing to share more information for context for newbies looking into the future. IE. I probably wont race through this thread in 1 year like the guy making $250k a year, but I would be comparable to the woman making 80k with a mortgage.
Hi Marty, I think I did post that on my thread. It can help a ton to see where people are coming from on these threads.
I'm 29, husband is 30, we've got no kids and we rent in a LCOL area (I think? I'm not quite sure how one determines LCOL vs. MCOL). My husband just recently starting working after years of us being a single income family while he was in school. My salary progression is in my posts and I also do a little summary of the past month. I hope this helps!

Thanks! It is quite impressive how you moved up especially the early years on 1 lower income. Really making progress now.

moonpalace

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Re: Race from 100 to 250k
« Reply #1198 on: August 17, 2017, 02:32:44 PM »

I use "owner page" estimates from Redfin and Zillow and then take a look at the comps every month or so - a site that just aggregates data is bound to get one or two wrong now and then.  So I follow what the market is doing in my area for similar houses as mine (about once a month), check that against the Redfin and Zillow estimates (note - Zestimates are terrible, but their owner page is fairly accurate), and then use a $/sq ft I think my house would sell for.

I started breaking out Total NW and Invested Assets, or stash.  I figure home equity isn't as relevant to FIRE until we sell, but even then it'll just go to the next house purchase.

This all makes good sense. I've got Total NW (just over $100k) and Invested Assets ($120k) broken out as well. Total NW growing by ~$8700/month, Invested Assets growing by about $4k/month + or - market activity.

Oh, for martyconlonontherun, my wife and I are basically 40, two kids 8 & 12. MCOL? Combined gross is like $170k. Large mortgage payment ($2600/month for 15-year at 2.75%) and just over $1k/month in student loan payments.

martyconlonontherun

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Re: Race from 100 to 250k
« Reply #1199 on: August 17, 2017, 02:46:01 PM »
Thanks!
Oh, for martyconlonontherun, my wife and I are basically 40, two kids 8 & 12. MCOL? Combined gross is like $170k. Large mortgage payment ($2600/month for 15-year at 2.75%) and just over $1k/month in student loan payments.
Looks like you are ramping it up $8-9k  consistently out of $15K/mth gross with 2 kids and high SLoans is pretty solid!