Author Topic: Race to 50K  (Read 15842 times)

QuillScroll

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Re: Race to 50K
« Reply #150 on: May 24, 2018, 02:00:58 PM »


Update time -

30-Apr-18     $37941
24-May-18   $40069

40K milestone reached. YAY !!!

Rosy

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Re: Race to 50K
« Reply #151 on: May 24, 2018, 06:31:02 PM »


Update time -

30-Apr-18     $37941
24-May-18   $40069

40K milestone reached. YAY !!!

You are killing it @QuillScroll - Milestone celebration time:).

haypug16

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Re: Race to 50K
« Reply #152 on: May 25, 2018, 08:01:58 AM »
Nice Job @QuillScroll ! You'll be at 50K in no time.

Serendip

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Re: Race to 50K
« Reply #153 on: May 26, 2018, 03:50:56 PM »
Great work @QuillScroll, always nice to hit a milestone!
I also feel good after a big push to keep spending low, even though we went on a vacation (but camped, hiked, booked 2 nights at a cabin and had pre-paid ferry cards so costs were reasonably low)

Dec 18/17    $ 18,146
Jan 03/18     $ 20,624
Feb 06/18     $ 25,073
Mar 30/18     $ 29,008
Apr 16/18     $ 30,000
May 14/18    $ 33,005
May 26/18    $ 35,013

haypug16

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Re: Race to 50K
« Reply #154 on: May 31, 2018, 08:35:15 AM »
May Update
10/9/2017  - $26,382.82
10/31/2017 - $27,019.09
11/30/2017 - $28,401.58
12/31/2017 - $29,448.59
1/31/2018 - $31,351.25
2/28/2018 - $30,681.69
3/31/2018 - $30,392.51
4/30/2018 - $31,328.20
5/31/2018 - $32,200.97 +872.77 increase

Had another nice month. Will be increasing my 401K contribution for June up to 10% (from 8%) these 2% increases have been good as I don't really notice much of a change per paycheck. At least not yet. :)

I have $17,799.03 left to save in my Retirement accounts to hit my goal by the end of the year. That's about $2,500 a month! We'll see. I am throwing most "extra" money at Student Loans since I have a big one with a rate of 5.25%. If it was under 5% I might consider shifting any "extra" cash to retirement but 5.25% is still a little too high for me.

MommyCake

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Re: Race to 50K
« Reply #155 on: May 31, 2018, 09:29:41 AM »
Congrats Quillscroll for hitting 40K!!!!!!!!!!!!!!

Here's my update, I increased my account by 2k this month!  Cheers Rosy to a full year of working on this goal!  Thanks for getting this started or I'd probably still be mostly ignoring my retirement account.  I have my contributions set to a percentage that I will about max for the year. 

6/9/17     29,000
7/7/17     29,500
7/19/17   30,000
8/2/17     30,500
9/5/17     31,000
9/29/17   32,000
10/30/17 33,100
12/1/17   34,300
1/2/18     35,700
2/1/18     38,500
3/6/18     39,600
3/30/18   39,700
5/2/18     40,800
5/31/18   42,800

Getting closer!

Rosy

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Re: Race to 50K
« Reply #156 on: May 31, 2018, 12:19:26 PM »
You are all absolutely rocking it!!!:)


MommyCake - thank you for the kind words - we can all use a bit of motivation from time to time and it is fun to see yourself moving forward even if it is as slow as molasses in the wintertime - in my case anyway:)
All things considered, I am just happy to be here - I am inspired when I see that others stick to their goals too - persistence pays off in the end!:)

« Last Edit: June 01, 2018, 10:45:25 AM by Rosy »

Rosy

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Re: Race to 50K
« Reply #157 on: June 01, 2018, 10:43:57 AM »
PROGRESS REPORT BY MONTH

  *** 2017 ***

$  4,588.92  June
$  8,221.92  July
$ 10,000.00  Aug
$ 10,042.00  Sep
$ 10,064.00  Oct
$ 10,092.00  Nov
$ 10,117.00  Dec

  *** 2018 ***

$ 10,715.84 Jan
$ 13,873.10 Feb
$ 16,026.77 Mar
$ 20,054.06 Apr
$ 20,093.95 May

$ 29,906.05 to go to reach $50K - projected timeline Dec 2019

2018
Taking time out from goal#1 to finish goal #2 for this year - $10K save for travel fund.
Total $8,740 Jan-May

$1,260 to go by July 2018.
« Last Edit: June 01, 2018, 10:48:56 AM by Rosy »

haypug16

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Re: Race to 50K
« Reply #158 on: June 15, 2018, 09:20:11 AM »
Had a nice little jump in my account the first half of the month, $811.45 to be exactly. That's nearly the same amount it increased in all of May so I have hope yet that I can reach my $50K goal by the end of the year. Just keep plugging away and increasing my contributions. :)

QuillScroll

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Re: Race to 50K
« Reply #159 on: June 18, 2018, 08:54:38 AM »
Here's my update -

30-Apr-18     $37941
24-May-18    $40069
18-Jun-18       $41679

Lots of planned expenses this month as well as lots of eating out, so progress will be less.

Serendip

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Re: Race to 50K
« Reply #160 on: June 22, 2018, 07:16:53 PM »
Good work everyone!

I have had a bit of a slower spring but c'est la vie--- I haven't spent a lot just haven't been working so much.
Would like to be at $40,000 savings by the end of summer if possible

Dec 18/17    $ 18,146
Jan 03/18     $ 20,624
Feb 06/18     $ 25,073
Mar 30/18     $ 29,008
Apr 16/18      $ 30,000
May 14/18     $ 33,005
May 26/18     $ 35,013
June 22/18    $ 36,535
« Last Edit: June 22, 2018, 08:56:01 PM by Serendip »

Rosy

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Re: Race to 50K
« Reply #161 on: June 24, 2018, 09:30:21 AM »
We are all hanging in there - yay!

PROGRESS REPORT BY MONTH

  *** 2017 ***

$  4,588.92  June
$  8,221.92  July
$ 10,000.00  Aug
$ 10,042.00  Sep
$ 10,064.00  Oct
$ 10,092.00  Nov
$ 10,117.00  Dec

  *** 2018 ***

$ 10,715.84 Jan
$ 13,873.10 Feb
$ 16,026.77 Mar
$ 20,054.06 Apr
$ 20,093.95 May

$ 29,906.05 to go to reach $50K - projected timeline Dec 2019

UPDATE
2018
Taking time out from goal#1 to finish goal #2 for this year - $10K save for travel fund.
Total $8,740 Jan-May

$1,260 to go by July 2018. - GOAL #2 reached - I made it to $10K

Re-engaging GOAL #1 - $50K

Although, goal #1 will remain on ice - except for interest, until I return in Sep. Active savings will re-commence in October.
Min $5K projected but I'd prefer to see $7K or $8K total added by EOY instead.

Rosy

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Re: Race to 50K
« Reply #162 on: July 02, 2018, 07:00:42 AM »
UPDATE:
Final numbers for June 2018: $20,132.64

A bit of good news: I may have gone a bit overboard in my projections for my upcoming trip expenses, so there is a fair possibility that I'll be able to contribute around $1500+ to my stash when I return in Sep. Too early to tell. 

How are you progressing with your stash goals? Any hiccups or triumphs to report?
« Last Edit: July 02, 2018, 07:06:59 AM by Rosy »

MommyCake

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Re: Race to 50K
« Reply #163 on: July 05, 2018, 09:55:08 AM »
6/9/17     29,000
7/7/17     29,500
7/19/17   30,000
8/2/17     30,500
9/5/17     31,000
9/29/17   32,000
10/30/17 33,100
12/1/17   34,300
1/2/18     35,700
2/1/18     38,500
3/6/18     39,600
3/30/18   39,700
5/2/18     40,800
5/31/18   42,800
7/5/18    45,665

It's getting so close!  Glad to see everyone is staying on track :)

haypug16

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Re: Race to 50K
« Reply #164 on: July 09, 2018, 10:59:53 AM »
June Update
10/9/2017  - $26,382.82
10/31/2017 - $27,019.09
11/30/2017 - $28,401.58
12/31/2017 - $29,448.59
1/31/2018 - $31,351.25
2/28/2018 - $30,681.69
3/31/2018 - $30,392.51
4/30/2018 - $31,328.20
5/31/2018 - $32,200.97
6/30/2018 - $33,004.02 +$803.05 increase

I ended up with a similar increase from last month. I set my 401k contribution to 12% (up from 10%) to take place this month. I will also get a small raise this month which will cause my contribution to be higher and my employers match to be higher :) I still have roughly $17K to save by the end of the year with only 6 months left to do it in. In August I'll have some money free'd up so I can throw more at this but not sure If I'll hit $50K but I'm gonna keep pluggin' away the best I can.

nice job MommyCake!

QuillScroll

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Re: Race to 50K
« Reply #165 on: July 19, 2018, 09:22:48 AM »
July Update

I have been not tracking expenses as tightly this month due to a very tight work schedule resulting in high stress, less time and a lot of eating out. Nevertheless, am on track with the savings/investment part as it's automated. 

Big gain this month due to unexpected bonus which went straight to my retirement fund.
 
30-Apr-18     $37941
24-May-18    $40069
18-Jun-18     $41679
19-Jul-18      $46413

MommyCake

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Re: Race to 50K
« Reply #166 on: July 20, 2018, 10:28:05 AM »
QuillScroll you are doing great! Love that you put your bonus into your retirement instead of spending it!

QuillScroll

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Re: Race to 50K
« Reply #167 on: Today at 05:58:28 AM »
Thanks Mommycake. I have more bonus which will be disbursed in little amounts through out the rest of the year, I'm hoping to atleast save 80% of it.