Author Topic: Saving to $10K  (Read 122037 times)

Dicey

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Re: Saving to $10K
« Reply #950 on: August 24, 2018, 07:34:45 PM »
So I apologize for disappearing and not updating.  I left my avatar the same, but I decided to change my forum name to be more anonymous.  I used my old handle on other places on the web and I decided that was a bad idea. 

Anyway, remember when I said things couldn't get worse after my dog died and we finally finished moving?  Well, things got worse.  My boyfriend of 4 years decided to break up with me.  We had an extremely happy relationship.  I really wanted to spend my life with him.  He decided he wanted to be alone and forge his own path through the world without me and without anymore.  He just wants to be totally alone.  I don't understand it at all.  This is not a 20 something year old needing to find himself.  The man is in his 50s.  But, hey, I still have my job?  (Uhhh, knock on wood?) 

I didn't visit here for a while after that.  Coming here just reminded me that my dreams were shattered and I was now a single person with one income.  But it's time to start again. 

I'm currently crashing at my parent's house.  I will move into a 1 bedroom apartment on Sept 1st.  (And will be paying $300/mo more in rent than I was paying before with the boyfriend.  Ouch.)  I feel like I'm just bleeding money right now.  I found a nice used couch on Craigslist.  Now I need to find a coffee table.  I just bought a vacuum, a toaster, garbage bins, a bathroom scale, etc.  I'll need to make a major Target run to stock up on TP, paper towels, toothpaste, etc.  Stupid little stuff that just adds up.  I also flew out to Washington and went backpacking with a friend for a week.  But I needed to do that.  I don't regret spending that money. 

So I'm here again.  The ol' e-fund actually went up a little through all this, due to August being a 3 paycheck month and I didn't have to pay rent anywhere either. 

Anyway, that's my update.   Emergency fund: $5398

Oh boy. At least he waited until your dog was gone to heaven? ? ? You're buying so much stuff. Did he keep everything?

Unless something drastic happens (car accident, job loss, break up) I don't see what else can go wrong financially.  (Knock on wood?)  So relentless forward motion.
Okay honey, you're speaking my language. This is a path I know well. I dated my ass off and didn't find my prince until I was 54. I think, based on the quote above, that some part of you might have seen this coming, even if you didn't fully realize it. Here it is in a nutshell: He's gone for now, maybe forever. Assume the latter and get every part of him in your rearview mirror asap. He wasn't your prince after all. I promise you, your happy ending is out there. I didn't find mine until I was ancient. It was worth every bump, bruise and utterly devastating heartbreak I experienced to get to where I am now. Your good man will come, I promise. Hang in there and welcome back.

LittleWanderer

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Re: Saving to $10K
« Reply #951 on: August 25, 2018, 09:18:35 AM »

Oh boy. At least he waited until your dog was gone to heaven? ? ? You're buying so much stuff. Did he keep everything?

Okay honey, you're speaking my language. This is a path I know well. I dated my ass off and didn't find my prince until I was 54. I think, based on the quote above, that some part of you might have seen this coming, even if you didn't fully realize it. Here it is in a nutshell: He's gone for now, maybe forever. Assume the latter and get every part of him in your rearview mirror asap. He wasn't your prince after all. I promise you, your happy ending is out there. I didn't find mine until I was ancient. It was worth every bump, bruise and utterly devastating heartbreak I experienced to get to where I am now. Your good man will come, I promise. Hang in there and welcome back.

Well, I have a bed and a dresser and a TV stand.  He's giving me the TV and buying a new one.  (As well he should, considering I gave my old TV that had been sitting in our space bedroom for years to one of his kids a few months ago.)  I need to buy a couch (done) and a coffee table (still looking.)  He told me to take whatever, but the vacuum was his and the toaster was his and blah blah blah.  All in all, I'm probably spending less than $1000 on "house" stuff.  I was so sure about our relationship that I just went all in.  I'd never done that before.  We didn't need two of everything and a lot of my stuff was old/used, so I ditched a lot of stuff when we moved in together.  Maybe that was a mistake, maybe it wasn't.  But it sure seemed silly at the time to keep a bunch of old, unused stuff when you're both convinced you want to be together forever. 

And thank you, Dicey.  I think I've read your story somewhere else on the forum.  I'm only in my mid-late 30s (we had an age difference), so I guess I'm still kind of young.  I'm doing my best to move forward.  I won't even think about dating for a long time. 

Spruit

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Re: Saving to $10K
« Reply #952 on: August 26, 2018, 07:54:42 AM »
Have you tried freecycle, Buy Nothing Project or similar groups via Facebook etc? Don't be asshamed to ask for house stuff there, there's so much stuff gathering dust that people love to make someone else happy with.
If you're not too picky you can get all of it for free.

Otherwise, thriftstores. For a small fee they bring it to your door if transport is a problem.

Spruit

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Re: Saving to $10K
« Reply #953 on: August 29, 2018, 01:38:41 PM »
NW numbers:
Dec (2-12-17): 4171
Dec (22-12-17): 5937
Jan (1-1-18): 4398
Feb (5-2-18): 5067
Feb (23-2-18): 6445
March (30-3-18): 6032
May (29-5-2018): 7682
June (30-6-2018): 8000
July (6-8-2018): 8997
August (29-8-2018): 9810

So close! New job's salary is in, and since I apparently get my extra overtime paid out (I expected it to be sort of averaged out over the whole year, if that makes sense), it was a lot more than expected.

Other than that, no significant things happened this month. Car needed a part replaced, but since that's a joint expense it doesn't impact my numbers here. Fingers crossed for no financial hiccups and I'll be in the 10k zone by the end of the year :o

Manchester

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Re: Saving to $10K
« Reply #954 on: August 30, 2018, 05:03:11 AM »
NW numbers:
Dec (2-12-17): 4171
Dec (22-12-17): 5937
Jan (1-1-18): 4398
Feb (5-2-18): 5067
Feb (23-2-18): 6445
March (30-3-18): 6032
May (29-5-2018): 7682
June (30-6-2018): 8000
July (6-8-2018): 8997
August (29-8-2018): 9810

So close! New job's salary is in, and since I apparently get my extra overtime paid out (I expected it to be sort of averaged out over the whole year, if that makes sense), it was a lot more than expected.

Other than that, no significant things happened this month. Car needed a part replaced, but since that's a joint expense it doesn't impact my numbers here. Fingers crossed for no financial hiccups and I'll be in the 10k zone by the end of the year :o

Nice work!  You're SO close. 

We're going to be losing a lot of good posters over the coming months! :')

Trifele

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Re: Saving to $10K
« Reply #955 on: August 30, 2018, 05:57:17 AM »
We're going to be losing a lot of good posters over the coming months! :')

And the $10k - $100k thread will be gaining all of you great folks!

DieHard_772

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Re: Saving to $10K
« Reply #956 on: August 30, 2018, 12:42:32 PM »
We're going to be losing a lot of good posters over the coming months! :')

I graduated from this thread awhile ago, yet I still enjoy looking at it...

haypug16

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Re: Saving to $10K
« Reply #957 on: August 31, 2018, 06:58:25 AM »
August 2018 Update
3/31/2017 (52,848.85)
4/30/2017 (48,076.67)
5/31/2017 (47,110.22)
6/30/2017 (46,540.28)
7/31/2017 (44,354.10)
8/31/2017 (47,236.39)
9/30/2017 (42,436.10)
10/31/2017 (33,346.78)
11/30/2017 $(28,911.53)
12/31/2017 $(24,424.13)
1/31/2018 $(20,454.43)
2/28/2018 $(18,221.63)
3/31/2018 $(14,916.69)
4/30/2018 $(9,800.88)
5/31/2018 $(7,375.85)
6/30/2018 $(5,735.59)
7/31/2018 $(7,109.58)
8/31/2018 $(6,439.93) +$669.65 Increase

Managed to pull this month around and come out ahead. I've had to readjust my timeline going forward but I think I can hit zero by November and then $10K by March 2019. Uber frugal August helped me get back on track with my spending and I'm joining the spendless September gauntlet as well to keep the momentum going.

Imma

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Re: Saving to $10K
« Reply #958 on: August 31, 2018, 07:34:00 AM »
Savings:
July 31:                 2400
August 30:            2000
September 27:       1300
October 30:           1400
November 30:        1600
December 29:        1100
February 1:            1100
February 28:          1300
March 29:              1300
April 30:                  800
May 29:                 2300
June 28:                3500
July 31:                 3250
August 31:             3700

Investments:
July 31:                 1985.37
August 30:             2095.00
September 27:       2253
October 30:           2461
November 30:        2622.06
December 29:        2661.50 (didn't do the monthly transfer yet)
February 1:            3021,56
February 29:          3101,58
March 29:              3160,54
April 30:                3439.66
May 29:                 3729.27
June 29:                3890.53
July 31:                 4106.20
August 31:             4278.05

Total:
July 31:                  4385.37
August 30:              4095.00
September 27:        3553
October 30:             3861
November 30:          4222.06
December 29:          3761,50 (+ 740 unpaid salary = 4501.50 )
February 1:             4121,60
February 29:           4401,58
March 29:               4460,54 
April 30:                 4239.66
May 29:                  6029.27
June:                      7390.53
July 31:                  7356.20 ( + 70 on my credit card, so really 7426.20)
August 31:              7978.05

Goals for 31 December 2018:

Savings:            3000 5000
Investments:     4500
Total:                7500    9500

I reached my old total net worth goal this month! Good thing I changed my goals a few months ago. I found a new job that I will start October 1st! I will both increase my wage per hour and the amount of hours I work every week, my new company has a pension scheme and they will pay me to get a certain certificate. The company will not contribute to my pension, I will contribute 2,5% of my income out of my own pocket, but I'm still happy. Where I live there are limited options for tax-deferred retirement accounts, you can only contribute a small percentage of your income over 16000. That means you can't save much on a low income. Through this company pension scheme I can contribute 2,5% over my entire income. I don't want to rely on a company pension so I'll always save privately as well, but pension funds are heavily regulated and fairly reliable, so I'm not worried the money will be gone when I'm old.
If nothing strange happens, I should be able to end this year with 5k in investments and 6k in savings - I should be able to graduate in november or december!

Dicey

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Re: Saving to $10K
« Reply #959 on: August 31, 2018, 08:07:54 AM »
We're going to be losing a lot of good posters over the coming months! :')

I graduated from this thread awhile ago, yet I still enjoy looking at it...
Heck, I'm nearly six years post-FIRE and this is one of my favorite threads. It is so hard to get started, but once you do, the sky's the limit. Congratulations to everyone who is participating and/or has flown the coop!

zeli2033

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Re: Saving to $10K
« Reply #960 on: August 31, 2018, 08:51:13 AM »
Nice job on progress, Haypug! I'll be seeing you in Spendless September.

Imma, wonderful news on reaching a previous milestone and congratulations on the new job!!!

And for all of you graduates who still pop by to say hello: Thank you for continuing to motivate us beginners! It was always encouraging to see/read :)

zeli2033

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Re: Saving to $10K
« Reply #961 on: August 31, 2018, 08:58:26 AM »
It looks like we now get to join the ranks of fellow graduates!

12/11/17: (47,400)
12/26/17: (42,469)
12/29/17: (39,190)
1/31/18: (28,165)
2/15/18: (26,399)
2/28/18: (21,735)
3/16/18: (19,339)
3/30/18: (16,099)
4/15/18: (13,183)
4/30/18: (11,771)
5/31/18: (6,744)
6/16/18: (3,153)
6/30/18: (1,596)
7/13/18: 394
7/31/18: 4,624
8/15/18: 7,093
8/31/18: $12,784

Assets [401ks, IRAs, HSA, Cash]: $66,874
Student Loan/CCs: (54,090)

It feels a little surreal but we're so excited to have seen the hard work pay off. Posting here consistently and seeing everyone's progress over the last 8 months was so motivating. Congratulations to everyone on progress - keep up the great work and I'll see you in the next thread!

Imma

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Re: Saving to $10K
« Reply #962 on: August 31, 2018, 09:12:21 AM »
We're going to be losing a lot of good posters over the coming months! :')

I graduated from this thread awhile ago, yet I still enjoy looking at it...
Heck, I'm nearly six years post-FIRE and this is one of my favorite threads. It is so hard to get started, but once you do, the sky's the limit. Congratulations to everyone who is participating and/or has flown the coop!

I've not even graduated from this thread and I already really feel that "sky's the limit" feeling. Both my s/o and I are going to quit our long term, steady, boring jobs this month and start a new job, at the same time. We would never have dared to take that risk a few years ago. My bare-bones spending would be around 700 (that includes my part of the joint bills) so we both have about 1 year's worth of expenses saved up. We feel so free now.

Trifele

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Re: Saving to $10K
« Reply #963 on: August 31, 2018, 09:34:49 AM »
It looks like we now get to join the ranks of fellow graduates!

12/11/17: (47,400)
12/26/17: (42,469)
12/29/17: (39,190)
1/31/18: (28,165)
2/15/18: (26,399)
2/28/18: (21,735)
3/16/18: (19,339)
3/30/18: (16,099)
4/15/18: (13,183)
4/30/18: (11,771)
5/31/18: (6,744)
6/16/18: (3,153)
6/30/18: (1,596)
7/13/18: 394
7/31/18: 4,624
8/15/18: 7,093
8/31/18: $12,784

Assets [401ks, IRAs, HSA, Cash]: $66,874
Student Loan/CCs: (54,090)

It feels a little surreal but we're so excited to have seen the hard work pay off. Posting here consistently and seeing everyone's progress over the last 8 months was so motivating. Congratulations to everyone on progress - keep up the great work and I'll see you in the next thread!

Congrats @zeli2033 !!!  That is fantastic.  Onward and upward!

Imma

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Re: Saving to $10K
« Reply #964 on: August 31, 2018, 09:40:26 AM »
It looks like we now get to join the ranks of fellow graduates!

12/11/17: (47,400)
12/26/17: (42,469)
12/29/17: (39,190)
1/31/18: (28,165)
2/15/18: (26,399)
2/28/18: (21,735)
3/16/18: (19,339)
3/30/18: (16,099)
4/15/18: (13,183)
4/30/18: (11,771)
5/31/18: (6,744)
6/16/18: (3,153)
6/30/18: (1,596)
7/13/18: 394
7/31/18: 4,624
8/15/18: 7,093
8/31/18: $12,784

Assets [401ks, IRAs, HSA, Cash]: $66,874
Student Loan/CCs: (54,090)

It feels a little surreal but we're so excited to have seen the hard work pay off. Posting here consistently and seeing everyone's progress over the last 8 months was so motivating. Congratulations to everyone on progress - keep up the great work and I'll see you in the next thread!

Congrats @zeli2033 !!!  That is fantastic.  Onward and upward!

Yes, congrats @zeli2033 !
And well done @haypug16 for getting yourself back on track.

mckaylabaloney

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Re: Saving to $10K
« Reply #965 on: September 01, 2018, 09:06:41 AM »
1/1/2018: $(170,956.12)
2/1/2018: $(166,849.63)
3/1/2018: $(161,395.88)
4/1/2018: $(156,590.44)
5/1/2018: $(152,997.61)
6/1/2018: $(149,175.48)
7/1/2018: $(143,748.22)
8/1/2018: $(138,734.38)
9/1/2018: $(135,043.66)

Still chugging along! This is actually not fully reflective of my progress this month because my 401k contribution hasn't hit my account yet. My goal for next month is to get into the -120Ks.

Congrats @zeli2033 on graduating!!

zeli2033

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Re: Saving to $10K
« Reply #966 on: September 01, 2018, 10:16:04 AM »
Thanks for the warm sendoffs, everyone!!

Trifele

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Re: Saving to $10K
« Reply #967 on: September 02, 2018, 04:37:20 AM »
1/1/2018: $(170,956.12)
2/1/2018: $(166,849.63)
3/1/2018: $(161,395.88)
4/1/2018: $(156,590.44)
5/1/2018: $(152,997.61)
6/1/2018: $(149,175.48)
7/1/2018: $(143,748.22)
8/1/2018: $(138,734.38)
9/1/2018: $(135,043.66)

Still chugging along! This is actually not fully reflective of my progress this month because my 401k contribution hasn't hit my account yet. My goal for next month is to get into the -120Ks.


Great progress @mckaylabaloney!  You've got this. There are lots of us who started in the hole, and we are cheering for you!

SansSkill

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Re: Saving to $10K
« Reply #968 on: September 02, 2018, 05:30:06 AM »
1/1/2018: $(170,956.12)
2/1/2018: $(166,849.63)
3/1/2018: $(161,395.88)
4/1/2018: $(156,590.44)
5/1/2018: $(152,997.61)
6/1/2018: $(149,175.48)
7/1/2018: $(143,748.22)
8/1/2018: $(138,734.38)
9/1/2018: $(135,043.66)

Still chugging along! This is actually not fully reflective of my progress this month because my 401k contribution hasn't hit my account yet. My goal for next month is to get into the -120Ks.

Congrats @zeli2033 on graduating!!

Damn, your killing it!
 -120Ks next month? That's 40k in 10 months, at that rate you'd be out of the hole and graduated within the next 2 to 3 years! Keep it up!

Moonwaves

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Re: Saving to $10K
« Reply #969 on: September 02, 2018, 06:19:44 AM »
BoI savings a/c: 80.00
DiBa ETF: 772.38
CmzBank savings a/c: 850.00
Total:  1,702.38

BoI savings a/c: 125.00
DiBa ETF: 910.07
CmzBank savings a/c: 950.00
Total:  1,985.07

Well, it's hard to stay positive sometimes but I'm still plugging away. My annual expenses accounts have been almost wiped out but payday was Friday and I'm starting to rebuild yet again, 330 so far. I know it happens every year in August (that's the month I moved here, so a lot of my annual bills fall due then) and along with my trip at the beginning of the month it's really not too bad that by the start of September I'm more or less recovered and moving on. It just feels so much like standing still. I transferred 100 straight to my EF account, although that leaves me a little bit short for this month (I transferred it before adding something to my budget spreadsheet that I'd forgotten would be due). However, I'm swamped with sideline work at the moment so if I can just get the head down and get through one more week of doing way too much, I should have a few hundred to add to savings and will get the EF up to 1,000 finally. Weird feeling really, since I've been talking about doing that but never quite managing it for such a long time.

Imma

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Re: Saving to $10K
« Reply #970 on: September 03, 2018, 02:09:06 AM »
BoI savings a/c: 80.00
DiBa ETF: 772.38
CmzBank savings a/c: 850.00
Total:  1,702.38

BoI savings a/c: 125.00
DiBa ETF: 910.07
CmzBank savings a/c: 950.00
Total:  1,985.07

Well, it's hard to stay positive sometimes but I'm still plugging away. My annual expenses accounts have been almost wiped out but payday was Friday and I'm starting to rebuild yet again, 330 so far. I know it happens every year in August (that's the month I moved here, so a lot of my annual bills fall due then) and along with my trip at the beginning of the month it's really not too bad that by the start of September I'm more or less recovered and moving on. It just feels so much like standing still. I transferred 100 straight to my EF account, although that leaves me a little bit short for this month (I transferred it before adding something to my budget spreadsheet that I'd forgotten would be due). However, I'm swamped with sideline work at the moment so if I can just get the head down and get through one more week of doing way too much, I should have a few hundred to add to savings and will get the EF up to 1,000 finally. Weird feeling really, since I've been talking about doing that but never quite managing it for such a long time.

Going from 1700 to approx. 2000 in two months might feel like a small increase, compared to people who might have added thousands to their net worth instead of hundreds, but don't forget you are up 15!!!! % from early July. That's no small achievement. I know what it's like to only make baby steps every month, but believe me, it gets easier. Every 1000 after the first 1000 is slightly easier to achieve.

For a long time I felt like I was going nowhere, but I've been on a roll for the last couple of months and then you really start to feel all the effort was worth it. I know everyone says that, but everyone says it because it's true. It's also great to see you're working on a side hustle. All the big increases in my net worth are due to short periods of working an insane amount of overtime. One more week of working very hard and then you'll get the reward in the form of the 1000 EF! Hope to see your here next month with 4 digits in your savings account :)

Manchester

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Re: Saving to $10K
« Reply #971 on: September 03, 2018, 06:48:40 AM »
@zeli2033

Congratulations!  Over $60k in less than a year?  That's utterly ridiculous.  Hopefully I'll see you in the next thread soon - unless you've moved onto the 250k race by that point.

Manchester

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Re: Saving to $10K
« Reply #972 on: September 03, 2018, 07:15:32 AM »
@Imma    Nice work. Let us all know how your new job goes.  I hope the transition between old/new is smooth and I'm sure you'll feel the benefit soon. 



@Moonwaves   Your N/W has risen 15%!!  That's brilliant considering your most expensive part of the year is behind you now.  N/W looks set to fly past 2k next month and you're still unhappy... That says to me that you're committed and I'm sure you'll make even more progress soon.  Just remember that standing still isn't necessarily bad - it's a lot better than falling down!  around a year ago your N/W was 407.  That's a 488% increase in less than 1 year.   


@mckaylabaloney  You're smashing it.  Are you noticing the difference in interest?  I'd presume being the best part of 40k better off is having a serious impact?  Does that still count as snowballing?  Reverse snowballing?  :P

@haypug16   I'm starting to think these uber-frugal months are just going to continue forever.  We'll have to call you uber-frugalHaypug16 at this rate. :')  You're going to be out of here in no time.

@Trifele @Dicey @DieHard_772   It's nice to know we're loved.   Kudos to you all.  Taking an interest in peoples posts/threads can really motivate them.  I know it works with me. 

Candace

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Re: Saving to $10K
« Reply #973 on: September 03, 2018, 08:54:49 AM »
We're going to be losing a lot of good posters over the coming months! :')

I graduated from this thread awhile ago, yet I still enjoy looking at it...
Heck, I'm nearly six years post-FIRE and this is one of my favorite threads. It is so hard to get started, but once you do, the sky's the limit. Congratulations to everyone who is participating and/or has flown the coop!

I'm with Dicey. I FIRE'd last year and I find this thread inspirational. Seeing the progress made month by month, by people who are committed to your futures, reminds me that with that discipline, it's possible for many people to be powerful who might have not been. You are all such strong people and this is a wonderful community.

SeaKayEl

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Re: Saving to $10K
« Reply #974 on: September 03, 2018, 02:38:57 PM »
Decided since I read this thread, I might as well post (I’m also in the Race to Positive Net Worth thread):

Currently at -$43,134.64
Dec 31, 2018 goal is -$35,000
$10,000 goal is Mar 2020

Spruit

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Re: Saving to $10K
« Reply #975 on: September 03, 2018, 10:39:19 PM »
Welcome SeaKayEl!

bcbaseballman

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Re: Saving to $10K
« Reply #976 on: September 04, 2018, 07:45:08 AM »

2018
1/31 : (5949.05)
2/28 : (5288.30)
3/31 : (4273.93)
4/30 : (2592.07)
5/31 : (629.70)
6/30 : 1,206.77
7/31 : 2,703.97


8/31: 5,651.70

Forgot to get this updated before the holiday weekend.
It was another great month here. Debt went down by another $730. Investments went up by $2,125, and my EF went up by $84. I am hoping to hit that $10,000 mark in November is all works out as it should.

Want to give a shout out again to @haypug16 for running the uber frugal august. this help out allot.

Congrats @zeli2033 hope to be with you in the next step here before to long!



haypug16

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Re: Saving to $10K
« Reply #977 on: September 04, 2018, 08:19:45 AM »

@haypug16   I'm starting to think these uber-frugal months are just going to continue forever.  We'll have to call you uber-frugalHaypug16 at this rate. :')  You're going to be out of here in no time.


That's a name I would be very proud to be called :)

mckaylabaloney

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Re: Saving to $10K
« Reply #978 on: September 04, 2018, 08:53:55 AM »
@Trifele @SansSkill @Manchester Thank you all! My student loan mountain feels so big that it is easy to forget I really am making progress. This thread is so helpful and encouraging!

Manchester -- not sure if you mean a decrease in the interest on my loans or an increase in the interest on my investments, but yes as to the latter, at least, especially in the last few months. For most of this year, since the market plummeted in early February, my accounts were mostly holding steady from month to month (other than my contributions). But in the last couple of months they have actually started growing again and it is definitely exciting to watch the numbers rise! About $2500 of my NW gain this year so far is from gains on my retirement accounts -- and while I feel really good about the amounts in those accounts, all things considered, that kind of growth definitely makes me excited for when they are 10 times as big and pulling in much, much more :)

fluffmuffin

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Re: Saving to $10K
« Reply #979 on: September 07, 2018, 11:49:18 AM »
7/13/2017: $2,238.41
8/1/2017: $2,771.40
8/16/2017: $3,071.40
9/1/2017: $3,202.61
9/15/2017: $3,502.63
10/2/2017: $3,807.67
10/16/2017: $4,021.00
11/1/2017: $4,121.00
11/16/2017: $4,208.73
12/1/2017: $4,267.73
12/15/2017: $4,532.82
12/30/2017: $4,864.78
1/16/2018: $8,114.78
2/2/2018: $8,424.59
2/19/2018: $8,431.24
3/30/2018: $8,614.89
4/16/2018: $8,742.36
5/1/2018: $8,905.80
5/16/2018: $9,005.80
6/14/2018: $9,020.38
7/1/2018: $9,112.55
7/16/2018: $9,421.18
8/1/2018: $9,545.20
8/15/2018: $9,545.20

9/7/2018: $9,587.61

Late update--work has been super-busy and I've barely had time to eat lunch this week, let alone post online about my financial goals.

WEDDINGS, UGH. When I was blithely like "I'll get to $10k and then think about the wedding stuff!" I wasn't realizing how many things would need deposits. But it's another paycheck in the right direction, and I don't think I have anything out of the ordinary coming up for my mid-September pay cycle.

Hooray for all the grads! And everyone who keeps showing up and making progress every month!

haypug16

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Re: Saving to $10K
« Reply #980 on: September 17, 2018, 07:04:07 AM »
Mid-September 2018 Update
3/31/2017 (52,848.85)
4/30/2017 (48,076.67)
5/31/2017 (47,110.22)
6/30/2017 (46,540.28)
7/31/2017 (44,354.10)
8/31/2017 (47,236.39)
9/30/2017 (42,436.10)
10/31/2017 (33,346.78)
11/30/2017 $(28,911.53)
12/31/2017 $(24,424.13)
1/31/2018 $(20,454.43)
2/28/2018 $(18,221.63)
3/31/2018 $(14,916.69)
4/30/2018 $(9,800.88)
5/31/2018 $(7,375.85)
6/30/2018 $(5,735.59)
7/31/2018 $(7,109.58)
8/31/2018 $(6,439.93)
9/15/2018 $(5,227.70) +$1,212.23 increase

I seem to be back to having a "normal" month. :) I hope to end the month around -$4k then hitting zero before the end of this year and graduating from here before the end of the winter.

DieHard_772

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Re: Saving to $10K
« Reply #981 on: September 17, 2018, 11:26:52 AM »
Mid-September 2018 Update
3/31/2017 (52,848.85)
4/30/2017 (48,076.67)
5/31/2017 (47,110.22)
6/30/2017 (46,540.28)
7/31/2017 (44,354.10)
8/31/2017 (47,236.39)
9/30/2017 (42,436.10)
10/31/2017 (33,346.78)
11/30/2017 $(28,911.53)
12/31/2017 $(24,424.13)
1/31/2018 $(20,454.43)
2/28/2018 $(18,221.63)
3/31/2018 $(14,916.69)
4/30/2018 $(9,800.88)
5/31/2018 $(7,375.85)
6/30/2018 $(5,735.59)
7/31/2018 $(7,109.58)
8/31/2018 $(6,439.93)
9/15/2018 $(5,227.70) +$1,212.23 increase

I seem to be back to having a "normal" month. :) I hope to end the month around -$4k then hitting zero before the end of this year and graduating from here before the end of the winter.

That is incredible progress @haypug16.  Nice job :)

haypug16

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Re: Saving to $10K
« Reply #982 on: September 17, 2018, 11:39:13 AM »
Thanks DieHard. It's so funny how I used to think I didn't make enough money even though my salary nearly doubled in about 6 years. Now I feel like I make so much. If I didn't have my Student Loans I would be saving like 50-60% easily.

Imma

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Re: Saving to $10K
« Reply #983 on: September 17, 2018, 02:09:56 PM »
Thanks DieHard. It's so funny how I used to think I didn't make enough money even though my salary nearly doubled in about 6 years. Now I feel like I make so much. If I didn't have my Student Loans I would be saving like 50-60% easily.

Well done!! You're so close to positive net worth now! It's really inspiring to see your massive progress.

Trifele

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Re: Saving to $10K
« Reply #984 on: September 17, 2018, 06:16:28 PM »
Thanks DieHard. It's so funny how I used to think I didn't make enough money even though my salary nearly doubled in about 6 years. Now I feel like I make so much. If I didn't have my Student Loans I would be saving like 50-60% easily.

Haypug -- I hope you will post something big and splashy in the 'Celebrations' thread when you cross into positive territory this winter!   I love hearing your updates. You are doing a fantastic job!

haypug16

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Re: Saving to $10K
« Reply #985 on: September 18, 2018, 07:37:46 AM »
Thanks everyone. I love this thread so much. Everyone is so supportive, it's great!

Great idea Trifele. I will have to remember to post in the Celebration thread when I cross over to the other side :)

comicguy

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Re: Saving to $10K
« Reply #986 on: September 19, 2018, 03:55:08 AM »
I would like to join. A few years ago we got real serious about getting our finances in order. Current debt is a car loan at .9% (1 year left) and mortgage (10 years left of "regular" payments). We have accounts for vacation (4,000 and still adding) and Emergency fund (15,000 and still adding) Both the wife and I have pensions that will pay 60% of FAS (retire in 14 years) and we both have a 403b's (fully funded by end of year and every year going forward through payroll deductions).

I have been wanting a corvette since I was a kid! Finally in a position where I could actually make that happen in a few years. These accounts will be with any extra "found" money, or money left over at the end of the month. As a result it will not grow quickly but it will grow. One example of "found money" is I completed three online classes this summer (cost $500) but it will give me a salary boost of 700 extra every year until retirement! So that averages out to an extra 20/paycheck or an additional $9800 by the time I retire!

Date           Corvette   Roth - 1   DRIP Stock      Total
 9/18/18   1760.03   1000           3423.11           6183.14
   

Manchester

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Re: Saving to $10K
« Reply #987 on: September 21, 2018, 04:34:19 AM »
Hi Everyone, 

Really positive month for me!  My Net Worth increased by 1,740.41!  Comfortably my best month to date.

It was my birthday, so I asked for cash from everyone rather than presents, because there isn't really anything I want/need that badly?  I've been called a stinge for it...  :')

I also completed my remortgage and withdrew 20k worth of equity.  We have this money boxed off for other things so I'm not including it in my N/W.

I paid my car insurance for the year and managed to save over 250 compared to what I paid last year (hence the credit card being up). 

I've stopped withdrawing money from bookie accounts to let that grow.  I don't need the cash, and the extra money in my accounts helps me take on more offers.  I'm thinking that a 5k account will be enough to do everything, so I'll try and not withdraw a penny until I reach that target.  I've made over 1k profit doing matched betting now. :)


I have a stag do and a European trip to watch my football team in-between now and Christmas.  As well as a wedding!  This time of the year gets very expensive so I'm going to try my best to be frugal!





haypug16

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Re: Saving to $10K
« Reply #988 on: September 21, 2018, 08:20:12 AM »
Great job Manchester! So close to graduating.

Imma

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Re: Saving to $10K
« Reply #989 on: September 21, 2018, 01:22:52 PM »
That's some impressive progress over the last couple of months, Manchester!