Author Topic: Race to Positive Net Worth  (Read 2871 times)

BobTheBuilder

  • 5 O'Clock Shadow
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  • Posts: 29
Re: Race to Positive Net Worth
« Reply #50 on: July 04, 2017, 11:00:20 AM »
Oh man, this one hurts.

Assets: $25.6K (I count my car, I shouldn't, but it's the only thing that keeps me sane. And it's paid off.)
Loans: $42.1K

Net Worth: -$16.5K

Goal: $0NW (with $24Kish in loans remaining) by 12/31/17
Goal: debt-free by 05/31/18
Per YNAB, June 2016 ended me up at -12,532.
In the first half of this year I have increased my NW by $12,928.66. So that puts me on track to hit $0 by 12/31/17 with a few dollars to spare.

That is impressive! Keep going, year's end is going to be awesome :-)

recklesslysober

  • Bristles
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  • Posts: 431
  • Age: 29
  • Location: BC, Canada
Re: Race to Positive Net Worth
« Reply #51 on: July 05, 2017, 12:39:56 PM »
04/2017: -$90,326.48
05/2017: -$88,772.73

+$1,553.75 (1.7%)

Not the best month, but happy to be moving in the right direction and to see the -$90s gone.

Also hit $20K increase in net worth for the year!

June was better.

06/2017: -$86,517.85

+$2,254.88 (2.5%)

Bateaux

  • Pencil Stache
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  • Posts: 676
  • Location: Port Vincent
Re: Race to Positive Net Worth
« Reply #52 on: July 07, 2017, 02:02:51 AM »
Soon your paycheck pays YOU.   Imagine the power that brings.   Every month you're virtually hiring an employee to do part of the heavy lifting once you're net positive.  Eventually they will do all the work.
“Perfection is achieved, not when there is nothing more to add, but when there is nothing left to take away.”
 ― Antoine de Saint-

Class of 2019

Optimiser

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  • Posts: 217
  • Age: 34
  • Location: PNW
Re: Race to Positive Net Worth
« Reply #53 on: July 19, 2017, 07:40:55 AM »
January: -57,500
February: -58,300
March: -50,400
April: -43,900
May: -46,300

June: -38,200

June was a great month for us. July won't be as good on the income side of things, probably not as good for expenses either, as we were on vacation for 2 weeks and had some car repairs done.