Author Topic: Saving to $10K  (Read 157729 times)

DS

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Re: Saving to $10K
« Reply #1200 on: February 05, 2019, 07:37:54 AM »
I haven't visited this thread as much since I "graduated" last year, BUT it looks like I am about to buy a house, which will firmly put me back into this thread.  Wayyyy back into it, lol.

So just posting to make sure I'm getting updates and to say Hello Again!

Estimated Net Worth once I close on the house: -$70,000.

the market value of the house (minus expenses to sell) should be included in the NW calculation, which means it should have barely any effect on NW.

JanetJackson

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Re: Saving to $10K
« Reply #1201 on: February 05, 2019, 07:48:45 AM »
I haven't visited this thread as much since I "graduated" last year, BUT it looks like I am about to buy a house, which will firmly put me back into this thread.  Wayyyy back into it, lol.

So just posting to make sure I'm getting updates and to say Hello Again!

Estimated Net Worth once I close on the house: -$70,000.

the market value of the house (minus expenses to sell) should be included in the NW calculation, which means it should have barely any effect on NW.

I dunno, I am one of those people who is very very very debt averse, so I consider money I don't have but owe, a negative balance.  :::Shrug:::
Regardless, after the Down Payment and Closing Costs I'll be back in the under 10k club.

haypug16

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Re: Saving to $10K
« Reply #1202 on: February 05, 2019, 09:01:40 AM »
Hopefully paying off my loans by the middle of 2020 (depending on if I land a new job that I am currently interviewing for, and likely near the point of receiving a job offer).

Good luck with the job offer!


haypug16

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Re: Saving to $10K
« Reply #1203 on: February 15, 2019, 06:20:28 AM »
February 15 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)
9/30/2018 $(2,990.84)
10/31/2018 $(4,180.43)
11/30/2018 $(1,495.30)
12/31/2018 $(1,524.93)
1/31/2019 $1,935.70
2/15/2019 $4,624.02 +2,688.32 increase

A very nice mid month increase. Not sure how the second half of the month will be because I'll be on vacation next week but other than that not too much expenses that I can think of. A little over $5k to go to finish this race.

ItsALongStory

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Re: Saving to $10K
« Reply #1204 on: February 15, 2019, 10:12:51 AM »
Going to jump in here, looking to build our EF back up to $10k although I am guessing it'll be slow going.

Feb-15-19: $3216
« Last Edit: February 15, 2019, 09:30:55 PM by ItsALongStory »

TyGuy

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Re: Saving to $10K
« Reply #1205 on: February 15, 2019, 08:10:07 PM »
Hopefully paying off my loans by the middle of 2020 (depending on if I land a new job that I am currently interviewing for, and likely near the point of receiving a job offer).

Good luck with the job offer!

Thank you, I received a conditional offer yesterday, I just have to jump through the last few hoops and I'll be in!

efree

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Re: Saving to $10K
« Reply #1206 on: February 16, 2019, 02:04:53 PM »
I haven't visited this thread as much since I "graduated" last year, BUT it looks like I am about to buy a house, which will firmly put me back into this thread.  Wayyyy back into it, lol.

So just posting to make sure I'm getting updates and to say Hello Again!

Estimated Net Worth once I close on the house: -$70,000.

the market value of the house (minus expenses to sell) should be included in the NW calculation, which means it should have barely any effect on NW.

I dunno, I am one of those people who is very very very debt averse, so I consider money I don't have but owe, a negative balance.  :::Shrug:::
Regardless, after the Down Payment and Closing Costs I'll be back in the under 10k club.
I agree with DS. I personally only track my investments + emergency fund for the purposes of this thread and similar ones. Many people also include their house value minus mortgage amount. But to include the mortgage without including the house value doesn't make any sense IMO.

Yasha

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Re: Saving to $10K
« Reply #1207 on: February 16, 2019, 06:15:04 PM »
Debt freeeeeeeeeeee~

ItsALongStory

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Re: Saving to $10K
« Reply #1208 on: February 16, 2019, 10:24:04 PM »
Debt freeeeeeeeeeee~
Now that snowball will really pick up speed. Congrats!

Sent from my Pixel 2 XL using Tapatalk


Trifele

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Re: Saving to $10K
« Reply #1209 on: February 17, 2019, 03:44:39 AM »
Debt freeeeeeeeeeee~

Congrats @Yasha!!   Fantastic!

mckaylabaloney

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Re: Saving to $10K
« Reply #1210 on: February 17, 2019, 11:11:41 AM »
ahhhh so happy for you @Yasha !!

dilemma

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Re: Saving to $10K
« Reply #1211 on: Today at 03:05:13 AM »
Hi all!

I don't 100% belong in this thread but hopefully you don't mind me hanging out!

I'm working full-time and paying my way through university at the minute - mature student problems. I'd really like to pay my tuition in cash from now until I graduate. My annual fees are a little under 6k and I took out loans for a little over three quarters of that last year and paid for the rest in cash. I'm hoping to get through to graduation without taking out more loans. I know taking out loans from student finance in the UK is generally viewed a little differently to normal debt but if I can, I'd rather avoid it. I get irritated  enough thinking about what I've already taken out!

My next fees are due around September so I need to be done by then. The aim is to save what I can for February and March and then 1300/month after that.

Imma

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Re: Saving to $10K
« Reply #1212 on: Today at 05:18:37 AM »
Hi @dilemma ! You're still welcome here - everyone tracks what they want to track. I don't 100% belong here either. I just track savings and investments, not student loans or home equity.

Like you I'm a mature student. I avoided loans during undergrad, which is good because I learnt to be frugal and without loans I was able to get a mortgage at 24. I went back to grad school this year and chose to get loans this time around. They are about 0% interest and repayment is based on income. When I am done I'll have 10k in loans. As your tuition is so much higher than mine I totally understand why you're not comfortable borrowing so much.

bcbaseballman

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Re: Saving to $10K
« Reply #1213 on: Today at 07:07:47 AM »
Yay @Yasha !!