Author Topic: Defeat the Net Debt  (Read 37178 times)

talltexan

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Re: Defeat the Net Debt
« Reply #200 on: March 04, 2020, 08:06:07 AM »
You won't regret feeding the Roth, nice progress!

frugalecon

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Re: Defeat the Net Debt
« Reply #201 on: March 04, 2020, 04:39:17 PM »
You won't regret feeding the Roth, nice progress!

Slow and steady wins the race...

Kierun

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Re: Defeat the Net Debt
« Reply #202 on: March 10, 2020, 12:04:11 PM »
09/19 - ~(573k)
10/19 - ~(572k)
11/19 - ~(563k)
12/19 - ~(558k)
01/20 - ~(563k)
02/20
Mortgage: ~375k
Mortgage: ~351k

Taxable: ~170k

Net: ~(556k)
03/20
Mortgage: ~374k
Mortgage: ~350k

Taxable: ~152k

Net: ~(572k)

An Unassuming Moose

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Re: Defeat the Net Debt
« Reply #203 on: March 17, 2020, 06:48:41 AM »
March update:

$32000 > $31900
$154800 > $154800
$259900 > $259900

$160100 > $117900

Totals $117900 - $446600 = $328700

Sept 2019: $318800
Oct 2019: $306600
Nov 2019: $296300
Jan 2020: $289200
Feb 2020: $286600
Mar 2020: $328700

New Game +.
Looking forward to the challenge. It was getting too easy.

Bettersafe

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Re: Defeat the Net Debt
« Reply #204 on: March 17, 2020, 07:56:21 AM »
Nice progress here!

frugalecon

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Re: Defeat the Net Debt
« Reply #205 on: April 02, 2020, 05:58:19 PM »
Total Debt: $182,587
Total Taxable Assets: $142,866

Net Debt:

[04.02.2020] ($39,721) (global pandemic made the car go in reverse)
[03.01.2020] ($36,672)
[02.01.2020] ($38,955)
[01.06.2020] ($44,380) (Transferred out of taxable for backdoor Roth)
[12.22.2019] ($40,825) (Alas, had to withdraw $$ from taxable to pay for some home repairs)
[12.02.2019] ($33,885)
[11.02.2019] ($37,740)
[10.07.2019] ($43,292)
[9.06.2019] ($46,479)
[8.03.2019] ($47,514)
[7.02.2019] ($49,990)
[6.01.2019] ($53,091)
[5.03.2019] ($57,000)
[4.03.2019] ($58,280)
[3.02.2019] ($62,770)
[2.02.2019] ($68,065)
[1.03.2019] ($76,999)
[12.03.2018] ($80,591)
[11.30.2018] ($83,584)
[11.01.2018] ($90,537)
[09.03.2018] ($96,664)
[07.28.2018] ($103,664)
« Last Edit: April 08, 2020, 02:10:07 PM by frugalecon »

Kierun

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Re: Defeat the Net Debt
« Reply #206 on: April 08, 2020, 11:33:50 AM »
10/19 - ~(572k)
11/19 - ~(563k)
12/19 - ~(558k)
01/20 - ~(563k)
02/20 - ~(556k)
03/20
Mortgage: ~374k
Mortgage: ~350k

Taxable: ~152k

Net: ~(572k)
04/20
Mortgage: ~372k
Mortgage: ~350k

Taxable: ~143k

Net: ~(579k)

paulkots

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Re: Defeat the Net Debt
« Reply #207 on: April 10, 2020, 06:35:19 AM »
04/01/2019: $23,593.99
05/06/2019: $17,737.44
06/04/2019: $18,693.47
07/30/2019: $6,753.27
09/03/2019: $7,110.79

Wasteful month, didn't tell myself no enough. Now that roommates moved out things will slow down.

04/10/2020: $21,466.73

Slide back and it had nothing to do with the current world problem. Glad I am considered essential, with this lockdown but expenses went down significantly.

Taran Wanderer

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Re: Defeat the Net Debt
« Reply #208 on: April 13, 2020, 09:21:48 PM »
Stumbled upon this thread.  I really like this idea.  Once the tax-deferred amounts are fully funded and the account balances, get big, the market has a bigger impact than the contributions, so tracking gets dull.  Paying down debt feels good, but with low interest rates (3.79% for us), it doesn't make a lot of sense to pay down a mortgage.

I gathered my numbers to see where we stand for this thread, and... we already beat the net debt (depending on how I look at the assets).  If I take out our cash (checking/savings) and the kids' 529 accounts, then we're short about $70k.  That's a good target to aim for.

Thanks for the inspiration!

An Unassuming Moose

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Re: Defeat the Net Debt
« Reply #209 on: April 15, 2020, 05:50:00 AM »
April update:

$0 > $5900
$31900 > $31900
$154800 > $154800
$259900 > $259800

$117900 > $137900

Totals $137900 - $452400 = $314500

Sept 2019: $318800
Oct 2019: $306600
Nov 2019: $296300
Jan 2020: $289200
Feb 2020: $286600
Mar 2020: $328700
April 2020: $314500

A small loan from my LoC last month to top up my tax-sheltered accounts while everything was on sale. First priority is to kill it back off. Expenses have plummeted, income holding steady. Luck is on my side this time.

The market is lifting back up, and making it look like I progressed this month, but I know what the real story is. I slipped back. Making it up next month. Double-time, go.

frugalecon

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Re: Defeat the Net Debt
« Reply #210 on: May 01, 2020, 08:03:36 PM »
Total Debt: $179,451
Total Taxable Assets: $147,010

Net Debt:

[05.01.2020] ($32,441)
[04.02.2020] ($39,721) (global pandemic made the car go in reverse)
[03.01.2020] ($36,672)
[02.01.2020] ($38,955)
[01.06.2020] ($44,380) (Transferred out of taxable for backdoor Roth)
[12.22.2019] ($40,825) (Alas, had to withdraw $$ from taxable to pay for some home repairs)
[12.02.2019] ($33,885)
[11.02.2019] ($37,740)
[10.07.2019] ($43,292)
[9.06.2019] ($46,479)
[8.03.2019] ($47,514)
[7.02.2019] ($49,990)
[6.01.2019] ($53,091)
[5.03.2019] ($57,000)
[4.03.2019] ($58,280)
[3.02.2019] ($62,770)
[2.02.2019] ($68,065)
[1.03.2019] ($76,999)
[12.03.2018] ($80,591)
[11.30.2018] ($83,584)
[11.01.2018] ($90,537)
[09.03.2018] ($96,664)
[07.28.2018] ($103,664)

ItsALongStory

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Re: Defeat the Net Debt
« Reply #211 on: May 02, 2020, 10:28:14 AM »
Could this move very quick now, @frugalecon . Assuming the markets continue to recover that is ...

frugalecon

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Re: Defeat the Net Debt
« Reply #212 on: May 03, 2020, 11:20:35 AM »
Could this move very quick now, @frugalecon . Assuming the markets continue to recover that is ...

@ItsALongStory in truth, Iím not terribly optimistic that the markets will help out that much for the rest of the year, though I would be delighted to be proven wrong.

Dicey

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Re: Defeat the Net Debt
« Reply #213 on: May 03, 2020, 11:35:58 AM »
Just chiming in to say steady as she goes...it's likely to be a bumpy ride for a good long while, but eventually it will smooth out. Keep your eyes on the horizon and you'll get there.

frugalecon

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Re: Defeat the Net Debt
« Reply #214 on: May 03, 2020, 07:16:08 PM »
Just chiming in to say steady as she goes...it's likely to be a bumpy ride for a good long while, but eventually it will smooth out. Keep your eyes on the horizon and you'll get there.

@Dicey Iím all about slow and steady, just chugging along. Incidentally, I could necropost in my old thread about my unemployed older acquaintance who couldnít keep it together to keep a job. He has definitely not defeated his net debt, but it has been surprising how he has managed to string together what he needed to avoid out and out homelessness. Now that I am out of the free $$ business with him I just take it all in. It is a bit of a window into how someone very different from me makes decisions.

paulkots

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Re: Defeat the Net Debt
« Reply #215 on: May 08, 2020, 04:37:10 PM »
04/01/2019: $23,593.99
05/06/2019: $17,737.44
06/04/2019: $18,693.47
07/30/2019: $6,753.27
09/03/2019: $7,110.79
04/10/2020: $21,466.73

Slide back and it had nothing to do with the current world problem. Glad I am considered essential, with this lockdown but expenses went down significantly.

05/08/2020: $9,994.30

A few purchases were returned and being considered essential showed a benefit. Making myself tighten my belt so I can get this done by July.

RWD

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Re: Defeat the Net Debt
« Reply #216 on: May 08, 2020, 05:13:59 PM »
Mortgage: $145k
Cars: $31k
Total debt: $176k

Vanguard brokerage: $231k

[5/8/2020] Net: $55k
[3/23/2019] Net: $1k
[3/1/2019] Net: ($10k)
[2/1/2019] Net: ($17k)
[1/4/2019] Net: ($31k)
[12/4/2018] Net: ($28k)
[11/1/2018] Net: ($31k)
[10/1/2018] Net: ($21k)
[9/4/2018] Net: ($36k)
[8/2/2018] Net: ($37k)

Coming back after over a year to see if the market brought our net debt back into the red. Looks like a resounding "nope!"

An Unassuming Moose

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Re: Defeat the Net Debt
« Reply #217 on: May 15, 2020, 08:14:39 AM »
May update:

$5900 > $3100
$0 > $10700
$31900 > $59700
$154800 > $136600
$0 > $140300
$259800 > $259700

$0 > $137600
$137900 > $138300

Totals $275900 - $610100 = $334200

Sept 2019: $318800
Oct 2019: $306600
Nov 2019: $296300
Jan 2020: $289200
Feb 2020: $286600
Mar 2020: $328700
April 2020: $314500
May 2020: $334200

Hi, my name is Moose and I'm a leveraging addict. When I get an opportunity like the one the market is providing, I just can't help myself... Shuffled some stuff around for ease of accounting and interest rate arbitraging. Also put a little bit into a private investment, which is high risk so I'm not including it here. It accounts for most of the drop this month.

frugalecon

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Re: Defeat the Net Debt
« Reply #218 on: May 15, 2020, 04:05:37 PM »
Total Debt: $179,454
Total Taxable Assets: $149,459

Net Debt:

[05.15.2020] ($29,995)
[05.01.2020] ($32,441)
[04.02.2020] ($39,721) (global pandemic made the car go in reverse)
[03.01.2020] ($36,672)
[02.01.2020] ($38,955)
[01.06.2020] ($44,380) (Transferred out of taxable for backdoor Roth)
[12.22.2019] ($40,825) (Alas, had to withdraw $$ from taxable to pay for some home repairs)
[12.02.2019] ($33,885)
[11.02.2019] ($37,740)
[10.07.2019] ($43,292)
[9.06.2019] ($46,479)
[8.03.2019] ($47,514)
[7.02.2019] ($49,990)
[6.01.2019] ($53,091)
[5.03.2019] ($57,000)
[4.03.2019] ($58,280)
[3.02.2019] ($62,770)
[2.02.2019] ($68,065)
[1.03.2019] ($76,999)
[12.03.2018] ($80,591)
[11.30.2018] ($83,584)
[11.01.2018] ($90,537)
[09.03.2018] ($96,664)
[07.28.2018] ($103,664)

frugalecon

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Re: Defeat the Net Debt
« Reply #219 on: June 01, 2020, 03:49:58 AM »
Total Debt: $173,950
Total Taxable Assets: $149,967

Net Debt:

[06.01.2020] ($23,983)
[05.15.2020] ($29,995)
[05.01.2020] ($32,441)
[04.02.2020] ($39,721) (global pandemic made the car go in reverse)
[03.01.2020] ($36,672)
[02.01.2020] ($38,955)
[01.06.2020] ($44,380) (Transferred out of taxable for backdoor Roth)
[12.22.2019] ($40,825) (Alas, had to withdraw $$ from taxable to pay for some home repairs)
[12.02.2019] ($33,885)
[11.02.2019] ($37,740)
[10.07.2019] ($43,292)
[9.06.2019] ($46,479)
[8.03.2019] ($47,514)
[7.02.2019] ($49,990)
[6.01.2019] ($53,091)
[5.03.2019] ($57,000)
[4.03.2019] ($58,280)
[3.02.2019] ($62,770)
[2.02.2019] ($68,065)
[1.03.2019] ($76,999)
[12.03.2018] ($80,591)
[11.30.2018] ($83,584)
[11.01.2018] ($90,537)
[09.03.2018] ($96,664)
[07.28.2018] ($103,664)

Kierun

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Re: Defeat the Net Debt
« Reply #220 on: June 15, 2020, 12:52:59 PM »
11/19 - ~(563k)
12/19 - ~(558k)
01/20 - ~(563k)
02/20 - ~(556k)
03/20 - ~(572k)
04/20 - ~(579k)
05/20 -
Mortgage: ~371k
Mortgage: ~349k

Taxable: ~175k

Net: ~(545k)

06/20
Mortgage: ~369k
Mortgage: ~349k

Taxable: ~174k

Net: ~(544k)

An Unassuming Moose

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Re: Defeat the Net Debt
« Reply #221 on: June 15, 2020, 07:43:18 PM »
June update:

$3100 > $1000
$10700 > $10700
$59700 > $59700
$136600 > $136600
$140300 > $140000
$249800 > $249700


$137600 > $158500
$138300 > $146800

Totals $305300 - $597700 = $292400

Sept 2019: $318800
Oct 2019: $306600
Nov 2019: $296300
Jan 2020: $289200
Feb 2020: $286600
Mar 2020: $328700
April 2020: $314500
May 2020: $324200
June 2020: $292400

Picked up some steam this month, and a summer contract that will hopefully be lucrative.

terrifictim

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Re: Defeat the Net Debt
« Reply #222 on: June 16, 2020, 10:43:58 AM »
Saw this thread from DPOYM Club and thought I would join as well for motivation:

10/1/18
Mortgage: 197,600
Taxable: 29,922
Net Taxable: 167,678
Retirement: 162,233
Net Retirement: 5,445

4/1/19
Mortgage 1: 194,859
Mortgage 2 (Income Producing Rental but Still Debt): 214,044
Taxable: 39,184
Net Taxable: 369,719
Retirement: 184,669
Net Retirement: 185,050

6/1/19
Mortgage 1: 193,934
Mortgage 2 (Income Producing Rental but Still Debt): 212,909
Taxable: 42,489
Net Taxable: 364,354
Retirement: 198,262
Net Retirement: 166,092

Doing this really helps with the motivation. It's tempting to focus on the debt side and see how slowly it is reducing - but to see the asset side continue to increase and know I'm buying more "perpetual money-making machines" keeps me staying the course.

8/1/19
Mortgage 1: 193,004
Mortgage 2 (Income Producing Rental but Still Debt): 212,147
Taxable: 46,884
Cash/EF: 46,473
Net Taxable: 311,794
Retirement: 216,119
Net Retirement: 95,675

Some nice market gains + realizing I hadn't been including my EF. It's cool to know I could knock out one of the mortgages in a moment if I had to - and will be even better when I have enough that I could knock out both.

6/1/20
Mortgage 1: 188,262
Mortgage 2 (Income Producing Rental but Still Debt): 208,263
Taxable: 55,912
Cash/EF: 33,796
Net Taxable: 306,817
Retirement: 265,942
Net Retirement: 40,875

Cool to see the progress over the last year. Even with DW going to part time this year - and then going to no time soon (Kid # 1 in Aug!) been able to put $50k in retirement while continuing to slowly whittle down both mortgages. Goal is be in the green in Net Retirement by next year. 

frugalecon

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Re: Defeat the Net Debt
« Reply #223 on: July 01, 2020, 04:08:02 AM »
Total Debt: $169,656
Total Taxable Assets: $154,846

Net Debt:

[07.01.2020] ($14,810)
[06.01.2020] ($23,983)
[05.15.2020] ($29,995)
[05.01.2020] ($32,441)
[04.02.2020] ($39,721) (global pandemic made the car go in reverse)
[03.01.2020] ($36,672)
[02.01.2020] ($38,955)
[01.06.2020] ($44,380) (Transferred out of taxable for backdoor Roth)
[12.22.2019] ($40,825) (Alas, had to withdraw $$ from taxable to pay for some home repairs)
[12.02.2019] ($33,885)
[11.02.2019] ($37,740)
[10.07.2019] ($43,292)
[9.06.2019] ($46,479)
[8.03.2019] ($47,514)
[7.02.2019] ($49,990)
[6.01.2019] ($53,091)
[5.03.2019] ($57,000)
[4.03.2019] ($58,280)
[3.02.2019] ($62,770)
[2.02.2019] ($68,065)
[1.03.2019] ($76,999)
[12.03.2018] ($80,591)
[11.30.2018] ($83,584)
[11.01.2018] ($90,537)
[09.03.2018] ($96,664)
[07.28.2018] ($103,664)

paulkots

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Re: Defeat the Net Debt
« Reply #224 on: July 01, 2020, 05:15:20 AM »
04/01/2019: $23,593.99
05/06/2019: $17,737.44
06/04/2019: $18,693.47
07/30/2019: $6,753.27
09/03/2019: $7,110.79
04/10/2020: $21,466.73
05/08/2020: $9,994.30
06/01/2020: $8,018.36

A few purchases were returned and being considered essential showed a benefit. Making myself tighten my belt so I can get this done by July.

07/01/2020: $4,370.98

Could have done better but I bought a few very unnecessary things. Looks like I may be done in August now.

Kierun

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Re: Defeat the Net Debt
« Reply #225 on: July 09, 2020, 01:39:23 PM »
01/20 - ~(563k)
02/20 - ~(556k)
03/20 - ~(572k)
04/20 - ~(579k)
05/20 - ~(545k)
06/20
Mortgage: ~369k
Mortgage: ~349k

Taxable: ~174k

Net: ~(544k)
07/20
Mortgage: ~368k
Mortgage: ~348k

Taxable: ~180k

Net: ~(536k)

An Unassuming Moose

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Re: Defeat the Net Debt
« Reply #226 on: July 16, 2020, 11:19:38 AM »
$1000 > $0
$10700 > $10700
$59700 > $59700
$136600 > $133500
$140000 > $140400
$249700 > $249700

$158500 > $160500
$146800 > $153200

Totals $313700 - $594000 = $280300

Sept 2019: $318800
Oct 2019: $306600
Nov 2019: $296300
Jan 2020: $289200
Feb 2020: $286600
Mar 2020: $328700
April 2020: $314500
May 2020: $324200
June 2020: $292400
July 2020: $280300

I was thinking about what this metric really means. I use leveraging quite heavily, and don't intend to stop as long as the interest rates allow me to continue profitably. But leveraging cancels out, because for each liability there is an asset to counterbalance. So I can continue to reduce the net debt, but remain leveraged. This is great news!

Examined another way, the net debt is debt incurred to either fill taxable accounts, or for non-stock purchases.

Anyway, good month, according to this metric.

Arbitrage

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Re: Defeat the Net Debt
« Reply #227 on: July 16, 2020, 01:02:13 PM »
Mortgage: $(375.8k)
Student Loan: $(28.7k)
Taxable: $212.7k

Net: $(191.8k)


Jan 2019: ($290.2k)
Apr 2019: ($278.4k)
Sep 2019: ($248.7k)
Dec 2019: ($217.3k)
Jul 2020: ($191.8k)

ItsALongStory

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Re: Defeat the Net Debt
« Reply #228 on: July 18, 2020, 09:59:10 PM »
Thanks for the clarification, in that case we are way way behind defeating the net debt.

Mortgage: $161k @ 3.625% (no PMI)
2nd mortgage: $49.5k @ 4.89%
Car loan: $18.5k @ 0%

Taxable: $14k

Total: $(215k)

At my current rate we are paying off $1300 in principal each month and saving about $1400 a month on the taxable side so about a $2700 swing each month. I guess without any market impact that means 79.63 months. I am eligible for a bonus and intend to put that towards the 2nd mortgage this year and next. My wife isn't in on the FIRE idea but our joint account is used to pay all 3 of these debts, I am solely contributing to my taxable account.
Maxed out my IRA for 2019 today so that dropped my taxable account to just below 10k but it's for a solid reason.

Sent from my Pixel 2 XL using Tapatalk

Had the wrong balance for our mortgage so we took a step back in debt as well as in taxable due to filling Roth for 2019.

Mortgage: $164.7k @ 3.625% (no PMI)
2nd mortgage: $49.3k @ 4.89%
Car loan: $15.5k @ 0%

Taxable: $11k

Total: $(218.5k)


Sent from my Pixel 2 XL using Tapatalk

Mortgage: $164037 @ 3.625% (no PMI)
2nd mortgage: $48659 @ 4.89%
Car loan: $14725 @ 0%

Taxable: $17634

Total: $($209787)

Almost a 10k drop in 2 months, I'll take that. Can't wait for my bonus (post 401k) that will go squarely towards the 2nd mortgage. Hoping for a nice chunk there.
Got a sweet raise that takes effect next month and should be a great sign for my bonus too. Excited to bump up my taxable savings starting June.

One thing I could also consider is post-tax Roth with conversions as time goes on. My plan offers it but not sure of the benefits if that vs brokerage. Time to do some more research.

Edit: seems like after-tax 401k with conversion is a no brainer so I will go that route. I actually dropped my standard pre-tax percentage so it won't get filled up until closer to the end of the year (it's irrelevant for our match) in favor of a higher after-tax 401k deduction.

Sent from my Pixel 2 XL using Tapatalk
Bonus gets paid this month so u switched to high pretax 401k, will move back to lower pre and high post tax 401k starting next month. Next year I'll plan it a little more aggressively.

As far as this thread is concerned I gave not made a ton of progress unfortunately.

Sent from my Pixel 2 XL using Tapatalk

Sold our house and my car earlier this month, we are officially debt free! Feels great to not have nearly as many recurring bills.

Kierun

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Re: Defeat the Net Debt
« Reply #229 on: July 20, 2020, 01:33:56 PM »
Congrats on being debt free!

MickeyFinn

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Re: Defeat the Net Debt
« Reply #230 on: July 21, 2020, 02:14:13 PM »
I'll join in this one...

Total Debt: $597,000
Total Taxable Assets: $439,620

Net Debt:
[07.2020] ($157,380)

Dutch Comfort

  • 5 O'Clock Shadow
  • *
  • Posts: 23
  • Location: Europe
Re: Defeat the Net Debt
« Reply #231 on: July 22, 2020, 05:44:46 AM »
Nice one, I'll join!

Mortgage (EUR 333K)
Assets EUR 19K

Net debt
July 2020 (EUR 314K)

Long way to go!!!!
« Last Edit: July 22, 2020, 05:58:23 AM by Dutch Comfort »

paulkots

  • 5 O'Clock Shadow
  • *
  • Posts: 61
Re: Defeat the Net Debt
« Reply #232 on: July 22, 2020, 05:59:04 AM »
04/01/2019: $23,593.99
05/06/2019: $17,737.44
06/04/2019: $18,693.47
07/30/2019: $6,753.27
09/03/2019: $7,110.79
04/10/2020: $21,466.73
05/08/2020: $9,994.30
06/01/2020: $8,018.36
07/01/2020: $4,370.98

Could have done better but I bought a few very unnecessary things. Looks like I may be done in August now.

07/21/2020: $1,499.88

Finished just a bit earlier since my check showed up earlier and also sold a few things I didn't need on eBay. Birthday helped since a few people didn't want to go shopping so they gave cash.

RWD

  • Magnum Stache
  • ******
  • Posts: 4174
  • Location: Mississippi
Re: Defeat the Net Debt
« Reply #233 on: July 22, 2020, 07:20:09 AM »
04/01/2019: $23,593.99
05/06/2019: $17,737.44
06/04/2019: $18,693.47
07/30/2019: $6,753.27
09/03/2019: $7,110.79
04/10/2020: $21,466.73
05/08/2020: $9,994.30
06/01/2020: $8,018.36
07/01/2020: $4,370.98

Could have done better but I bought a few very unnecessary things. Looks like I may be done in August now.

07/21/2020: $1,499.88

Finished just a bit earlier since my check showed up earlier and also sold a few things I didn't need on eBay. Birthday helped since a few people didn't want to go shopping so they gave cash.

Congrats!

Kierun

  • Bristles
  • ***
  • Posts: 451
  • Location: HI
Re: Defeat the Net Debt
« Reply #234 on: July 22, 2020, 05:29:58 PM »
04/01/2019: $23,593.99
05/06/2019: $17,737.44
06/04/2019: $18,693.47
07/30/2019: $6,753.27
09/03/2019: $7,110.79
04/10/2020: $21,466.73
05/08/2020: $9,994.30
06/01/2020: $8,018.36
07/01/2020: $4,370.98

Could have done better but I bought a few very unnecessary things. Looks like I may be done in August now.

07/21/2020: $1,499.88

Finished just a bit earlier since my check showed up earlier and also sold a few things I didn't need on eBay. Birthday helped since a few people didn't want to go shopping so they gave cash.
Congrats!

frugalecon

  • Pencil Stache
  • ****
  • Posts: 572
Re: Defeat the Net Debt
« Reply #235 on: August 01, 2020, 04:18:35 AM »
Total Debt: $167,266
Total Taxable Assets: $156,651

Net Debt:

[08.01.2020] ($10,615)
[07.01.2020] ($14,810)
[06.01.2020] ($23,983)
[05.15.2020] ($29,995)
[05.01.2020] ($32,441)
[04.02.2020] ($39,721) (global pandemic made the car go in reverse)
[03.01.2020] ($36,672)
[02.01.2020] ($38,955)
[01.06.2020] ($44,380) (Transferred out of taxable for backdoor Roth)
[12.22.2019] ($40,825) (Alas, had to withdraw $$ from taxable to pay for some home repairs)
[12.02.2019] ($33,885)
[11.02.2019] ($37,740)
[10.07.2019] ($43,292)
[9.06.2019] ($46,479)
[8.03.2019] ($47,514)
[7.02.2019] ($49,990)
[6.01.2019] ($53,091)
[5.03.2019] ($57,000)
[4.03.2019] ($58,280)
[3.02.2019] ($62,770)
[2.02.2019] ($68,065)
[1.03.2019] ($76,999)
[12.03.2018] ($80,591)
[11.30.2018] ($83,584)
[11.01.2018] ($90,537)
[09.03.2018] ($96,664)
[07.28.2018] ($103,664)

Dicey

  • Senior Mustachian
  • ********
  • Posts: 13312
  • Age: 62
  • Location: NorCal
Re: Defeat the Net Debt
« Reply #236 on: August 02, 2020, 11:11:13 AM »
Total Debt: $167,266
Total Taxable Assets: $156,651

Net Debt:

[08.01.2020] ($10,615)
[07.01.2020] ($14,810)
[06.01.2020] ($23,983)
[05.15.2020] ($29,995)
[05.01.2020] ($32,441)
[04.02.2020] ($39,721) (global pandemic made the car go in reverse)
[03.01.2020] ($36,672)
[02.01.2020] ($38,955)
[01.06.2020] ($44,380) (Transferred out of taxable for backdoor Roth)
[12.22.2019] ($40,825) (Alas, had to withdraw $$ from taxable to pay for some home repairs)
[12.02.2019] ($33,885)
[11.02.2019] ($37,740)
[10.07.2019] ($43,292)
[9.06.2019] ($46,479)
[8.03.2019] ($47,514)
[7.02.2019] ($49,990)
[6.01.2019] ($53,091)
[5.03.2019] ($57,000)
[4.03.2019] ($58,280)
[3.02.2019] ($62,770)
[2.02.2019] ($68,065)
[1.03.2019] ($76,999)
[12.03.2018] ($80,591)
[11.30.2018] ($83,584)
[11.01.2018] ($90,537)
[09.03.2018] ($96,664)
[07.28.2018] ($103,664)
So close!  Great progress, frugalecon!

frugalecon

  • Pencil Stache
  • ****
  • Posts: 572
Re: Defeat the Net Debt
« Reply #237 on: August 02, 2020, 07:35:57 PM »
Total Debt: $167,266
Total Taxable Assets: $156,651

Net Debt:

[08.01.2020] ($10,615)
[07.01.2020] ($14,810)
[06.01.2020] ($23,983)
[05.15.2020] ($29,995)
[05.01.2020] ($32,441)
[04.02.2020] ($39,721) (global pandemic made the car go in reverse)
[03.01.2020] ($36,672)
[02.01.2020] ($38,955)
[01.06.2020] ($44,380) (Transferred out of taxable for backdoor Roth)
[12.22.2019] ($40,825) (Alas, had to withdraw $$ from taxable to pay for some home repairs)
[12.02.2019] ($33,885)
[11.02.2019] ($37,740)
[10.07.2019] ($43,292)
[9.06.2019] ($46,479)
[8.03.2019] ($47,514)
[7.02.2019] ($49,990)
[6.01.2019] ($53,091)
[5.03.2019] ($57,000)
[4.03.2019] ($58,280)
[3.02.2019] ($62,770)
[2.02.2019] ($68,065)
[1.03.2019] ($76,999)
[12.03.2018] ($80,591)
[11.30.2018] ($83,584)
[11.01.2018] ($90,537)
[09.03.2018] ($96,664)
[07.28.2018] ($103,664)
So close!  Great progress, frugalecon!

Thanks, @Dicey , slow and steady wins the race, right?