Race from 10 to 100k!!

[jps]

Thought I would introduce myself to the challenge, thanks to a tip from @JCGreen .

Have investments totaling ~$45,000 between DW and I, split in a few Roth IRA's and a 401k.

I haven't seen anyone else mention, so I'll ask - I'm not including any equity in my home, right? Purchased for $248K and have $168K in equity, but I'm not counting that as part of my NW for SWR calculations.

Hope to be able to make some serious headway here and reach this goal by 12/2020!

As of 6/1/2020, we are at $93K invested. I totally forgot that I had posted here a year ago. Honestly, I thought that hitting 100K by 12/2020 would be a long shot when I posted it, but I'll hit it in another month. INSANE. I can't believe how well it works just to be on autopilot - we have our automatic investments every month, and I haven't even thought about it in, well, like a year, judging by my last post.

Just wanted to say keep at it everyone!

[Rosy]

For some reason this got lost over the course of this year. I have updated it and I hope this helps people who really liked this(me being one haha).

https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit#gid=0

Thanks @bcbaseballman - since I'm not good with spreadsheets I really appreciate this.

[bcbaseballman]

For some reason this got lost over the course of this year. I have updated it and I hope this helps people who really liked this(me being one haha).

https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit#gid=0

Thanks @bcbaseballman - since I'm not good with spreadsheets I really appreciate this.

You are Welcome @Rosy feel free to go in and fill out the rest of this year if you want to know your percentages from year to date. just fill out on the right side of the sheet. don't change anything on the left side!

[DieHard_772]

..A silver lining to  today's market drop...
We "lost" (on paper, that is) somewhere in the neighborhood of $2000 today.

It feels fantastic that we have enough money invested to say that ;)

Onward... no matter what!

[FIRE_guy]

So close!


1/1/2019   $58,510.45
2/1/2019   $57,956.00
3/1/2019   $64,999.54
4/1/2019   $67,995.31
5/1/2019   $67,087.75
6/1/2019   $68,470.09
7/1/2019   $75,814.13
8/1/2019   $79,447.74
9/1/2019   $79,958.65
10/1/2019   $82,594.49
11/1/2019   $86,949.23
12/1/2019   $88,888.31
1/1/2020   $92,576.18
2/1/2020   $93,078.86
3/1/2020   $94,480.94
4/1/2020   $86,361.09
5/1/2020   $87,837.39
6/1/2020   $97,928.35

[jdhansen]

 New Graduate from the Race to 10K thread here.  Want to thank @Trifele @Bettersafe @TyGuy @DieHard_772 and @SwordGuy for the good wishes and congratulations at my graduation.  There is no way we would have accomplished our goals without the support of that thread.

When DW and I started our goal was to get out of debt and back to saving for our futures.  Now that the debts are gone we thought we could add back in all the previous savings we had done over the prior years for retirement before we changed our ways.

6/14/2020  $50,099

I look forward to joining everyone on the next leg of the race and supporting everyone as we make this journey together.

[Evasion]

20 Dec 18 - 37,800
Mid March 2019 - 45,815
20 June 2019 - 50,890
Mid September 2019 - 57,608
15 December 2019 - 65,794
15 February 2020 - 76,452
1 April 2020 - 71,465
15 April 2020 - 77,936
15 May 2020 - 80,396
1 June 2020 - 86,248
15 June 2020 - 85,996

Obviously I never enjoy going backwards, but not too unhappy with this one. Invested a little extra in the dip, splurged a fair bit, which means flat net worth. That's okay considering the previous big jump.
90k before EOFY will be complicated but I should come very close at least.

[Manchester]

Yay @mckaylabaloney it's so great to see more 10k graduates here! Like @LittleWanderer I believe - I'm not at my highest net worth ever, but after today's gains my investments are at it's highest ever.

I haven't seen @Manchester and @Hirondelle for a while I think, how are you guys doing?

Hey @Imma - All good (if not still a bit strange) here.

I've not made much progress financially as I'm furloughed and losing out on a few hundred £'s per month.  Before May payday I'd increased my N/W by £700 which I'm very happy with - but attribute mostly to markets bouncing back.  Not expecting much this month either, but really enjoying being furloughed, reduced work-related stress.  I've completely tuned out of the news, reducing social media, not using my laptop as much and my head feels very clear!  It's reinforced my desire to FIRE.

My wedding has been postponed from the end of July until March 21.  On the bright side, it gives us an extra 7 paydays before, so the wedding really shouldn't affect our cash flow.  We've decided against a honeymoon abroad and instead plan on visiting Scotland and staying in the same place where we became engaged.

We've also done a hell of a lot of work in the house/garden.  We've still got a few jobs we need to pay to have done, like new interior doors throughout.  I wanted to give it a go myself, but looking through the various youtube tutorials I just don't have the right equipment or skill-set to do it.  I didn't realise how expensive joiners were though!

How are you?  Are The Netherlands still badly affected by the pandemic or are things returning to normal there?  My family in Greece are quite comfortable now, bars and cafes have re-opened and they're allowed back to the Islands from Athens, so they can sit by the beach all day - not that I'm jealous or anything.

[Trifle]

New Graduate from the Race to 10K thread here. 

Welcome @jdhansen!  Loads of recent 10k grads here.  Onward!

[Imma]

@Manchester we're in a pretty similar position. We still have jobs and aren't furloughed but there's little to do. I'm in my 15th week of work from home and I've been logged into work since 8am and I've done about 45 minutes of actual work so far. Unfortunately I've heard there's a 50/50 chance my job contract will not be renewed in October. But I've had tons of time for crafting, reading, DIY, gardening. Our house and garden have never looked better and my health has improved from less stress. I've lost nearly 10 kgs too - I wasn't obese before but I could do with losing a bit of weight. Instead of being away from home 12 hours a day and eating food on the go (homemade food, not convenience food, but a limited selection of easy-to-transport food) I now eat 3 sit-down meals a day. I actually bought a proper set of china and got rid of the chipped and damaged remains of the Ikea set I bought when I went to uni. I feel a bit like Hyancinth Bucket now :) Didn't go over the top though, just plates and bowls. I grow veggies in the garden and eat fresh salads every day. Minus a pandemic going on I could live like this forever.

We've flattened the curve since March, there are now only a handful of new cases every day. Schools, bars and restaurants are open again. It looks like Covid-19 was going around under the radar in my part of the country for about a month before the official first case. No idea how that happened but it explains the huge amount of cases in my hometown early in March. But as soon as the government finally started acting, the infection rate slowed down very much. Daily life feels very normal here now. Is that also the case in Manchester? I've got friends in London who still talk about empty shelves in stores and long lines. That doesn't happen here anymore.

[Dutch Comfort]

Hi all,
Newbie here, although lurking for a few months.
Discovered MMM a few years ago. Starting to look at our financials, but could not really get my SO on board for the extreme savings (fortunately he is not real big spender either). However, my now defined goal is to be able to retire together with him, so for this, I need at least EUR 150K. The first step is to get to that famous EUR 100K. I just started saving in my own account and have some investments in ETF's. In 2 years time, I went from 0 to EUR 18K at the moment, but I would like to gain a little momentum and have you guys supporting me to get to the 6 figure number.
English is not my first language, so any spelling mistakes can be blamed on that.

[Imma]

Hi all,
Newbie here, although lurking for a few months.
Discovered MMM a few years ago. Starting to look at our financials, but could not really get my SO on board for the extreme savings (fortunately he is not real big spender either). However, my now defined goal is to be able to retire together with him, so for this, I need at least EUR 150K. The first step is to get to that famous EUR 100K. I just started saving in my own account and have some investments in ETF's. In 2 years time, I went from 0 to EUR 18K at the moment, but I would like to gain a little momentum and have you guys supporting me to get to the 6 figure number.
English is not my first language, so any spelling mistakes can be blamed on that.

Welcome! Where are you from, do you happen to be Dutch? If yes, there are a few of us in this thread :)

[Dutch Comfort]

Hi all,
Newbie here, although lurking for a few months.
Discovered MMM a few years ago. Starting to look at our financials, but could not really get my SO on board for the extreme savings (fortunately he is not real big spender either). However, my now defined goal is to be able to retire together with him, so for this, I need at least EUR 150K. The first step is to get to that famous EUR 100K. I just started saving in my own account and have some investments in ETF's. In 2 years time, I went from 0 to EUR 18K at the moment, but I would like to gain a little momentum and have you guys supporting me to get to the 6 figure number.
English is not my first language, so any spelling mistakes can be blamed on that.

Welcome! Where are you from, do you happen to be Dutch? If yes, there are a few of us in this thread :)

Definitely Dutch 😏

[Imma]

Hi all,
Newbie here, although lurking for a few months.
Discovered MMM a few years ago. Starting to look at our financials, but could not really get my SO on board for the extreme savings (fortunately he is not real big spender either). However, my now defined goal is to be able to retire together with him, so for this, I need at least EUR 150K. The first step is to get to that famous EUR 100K. I just started saving in my own account and have some investments in ETF's. In 2 years time, I went from 0 to EUR 18K at the moment, but I would like to gain a little momentum and have you guys supporting me to get to the 6 figure number.
English is not my first language, so any spelling mistakes can be blamed on that.

Welcome! Where are you from, do you happen to be Dutch? If yes, there are a few of us in this thread :)

Definitely Dutch 😏

Yay! There are about 5 of us in this thread and there's a special Dutch language thread too in case you have any specific questions. We're a small country but it seems mustaches are popular here.

[Manchester]

@Manchester we're in a pretty similar position. We still have jobs and aren't furloughed but there's little to do. I'm in my 15th week of work from home and I've been logged into work since 8am and I've done about 45 minutes of actual work so far. Unfortunately I've heard there's a 50/50 chance my job contract will not be renewed in October. But I've had tons of time for crafting, reading, DIY, gardening. Our house and garden have never looked better and my health has improved from less stress. I've lost nearly 10 kgs too - I wasn't obese before but I could do with losing a bit of weight. Instead of being away from home 12 hours a day and eating food on the go (homemade food, not convenience food, but a limited selection of easy-to-transport food) I now eat 3 sit-down meals a day. I actually bought a proper set of china and got rid of the chipped and damaged remains of the Ikea set I bought when I went to uni. I feel a bit like Hyancinth Bucket now :) Didn't go over the top though, just plates and bowls. I grow veggies in the garden and eat fresh salads every day. Minus a pandemic going on I could live like this forever.

We've flattened the curve since March, there are now only a handful of new cases every day. Schools, bars and restaurants are open again. It looks like Covid-19 was going around under the radar in my part of the country for about a month before the official first case. No idea how that happened but it explains the huge amount of cases in my hometown early in March. But as soon as the government finally started acting, the infection rate slowed down very much. Daily life feels very normal here now. Is that also the case in Manchester? I've got friends in London who still talk about empty shelves in stores and long lines. That doesn't happen here anymore.

Wow sound's like you're smashing it - and I'm definitely going to refer to you as Imma 'bouquet' moving forward.

I agree with you.  If life carried on like this I'd be very happy (but that's very easy to say having not been affected by the virus).

I definitely think that COVID-19 was prevalent across Europe in February.  I know so many people who've had terrible flu in Feb and early March, but were never tested for COVID-19.  They're starting to roll out antibody tests here so people can see if they've had the virus or not.  They ran a study last month and found roughly 1 in 4 people in London had caught it and around 1 in 20 throughout the rest of the UK.  In urban areas like Manchester, they estimate it was more like 1 in 8, but the numbers were skewed by more remote areas where the virus is less likely to spread.  IMO the British government have handled the outbreak terribly.  With hindsight, we should have gone into lockdown weeks earlier and tens of thousands of lives should have been saved. 

Life is returning to normal here.  Legally we can now visit non-essential stores on the high street (if it's possible to keep a 2m distance whilst inside).  We can have friends around to visit in the garden etc.  Most people are being sensible and adhering to the rules, but over the past few weeks, Manchester has had 2 or 3 large scale BLM protests (one with easily over 100k attendees) a BLM counter-protests (still trying to get my head around why anyone would attend something like that).  We had 3 illegal raves on Saturday attracting over 7k people - and now our 'R-rate' is over 1, which means COVID is increasing in Manchester rather than decreasing.  We're being threatened with further lockdowns, but implementing restrictions will be very difficult as the public is growing increasingly tired of the constraints. 

We still don't have bars, pubs, restaurants, cafes etc yet.  Even though it's behind closed doors our football is back tomorrow and I'll be watching City in my dad's back garden (assuming we don't have another storm like last night) :')

[Serendip]

For some reason this got lost over the course of this year. I have updated it and I hope this helps people who really liked this(me being one haha).

https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit#gid=0

Thanks for the reminder--I loved this spreadsheet (although 2020 has NOT been a prime saving year for me)
 

[Serendip]

Dec '17    18,146
Jan '18     23,607

Dec '18    48,380
Dec '19    60,746

Jan '20     63,186
Apr '20     62,030
May '20    62,300
June '20   63,000

* not even back to where I was 6 months ago. What a strange year!
(*but I know we have also been lucky in some regards)

I am glad that these savings haven't been decimated with living costs. I've had no work for many months but even before that I had been sick following overseas travel so didn't really work in February either. It's been almost 5 months off of work..unreal. Starting back today, for two days/week. Won't be much but it's a start.

Should be a quiet summer. Will try to keep the cost of living low as the garden and CSA will be producing..

[Rimu05]

I just graduated the Race to 10K thread so joining this one. :)

Student loan - ($24,307.94)
Credit card - ($240)


Savings - $2300
Checking - $240
401K - 31,017
Roth IRA - 1,063.71

Total -  10,073

[Trifle]

Way to keep at it @Serendip!

Welcome @Rimu05!!

[lexde]

3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46
3/1/2019: $44,391.15
3/15/2019: $45,689.39
3/31/2019: $48,303.11
05/25/2019: $53,145.15
06/07/2019: $54,674.68
06/21/2019: $57,532.15
07/03/2019: $58,718.06
07/19/2019: $60,172.27
08/02/2019: $60,058.32
08/16/2019: $62,923.68
01/06/2020: $69,508.25
01/17/2020: $73,128.38
01/31/2020: $77,313.16
02/16/2020: $80,269.73
02/28/2020: $77,245.88
03/13/2020: $70,222.54 (-$7,023.34)
04/03/2020: $72,480.14 (+$2,257.6)
04/10/2020: $80,296.56 (+$7,816.42)
05/14/2020: $86,077.33 (+$5,870.77)
05/22/2020: $89,931.92 (+$3,854.59)
06/05/2020: $95,094.67 (+$5,162.75)

06/19/2020: $97,312.23 (+$2,217.56)

Small gains, so I'm assuming the market dropped a little. Not super concerned about it. Inching my way to 100k, and I should be there by mid-July! Super excited!

[Sanitary Stache]

May 31, 2020    - $ 72,426.81
June 19, 2020   - $ 82,681.14 (+$10,254.33)  About $7,000 back as tax refund/credits.

[Manchester]

Monthly Update:

Net Worth (minus house equity) increased £1,257.21 to £32,854.38 which is my new highest N/W to date.

All gains completely down to the market recovering.  I've been investing my usual amounts into my pension and ISA, but due to ongoing pandemic, my earnings are quite a bit lower than normal.  After investments and regular monthly bills, I'm not making any real progress.  But if I come out of this period with a higher NW than before I'll be very happy.

An ambitious aim is to reach £40k by December 31st.

Graphs and visual data attached.

[bonbonbaron]

American Funds: $10,824
Robinhood: $18,200 (but fluctuating +/500 these days)
Edward Jones: $28,070
House equity: $58,000

Mortgage balance: $97,000

Total: ~$17,000

Kinda anxious to pay down the mortgage, especially since even more money can flow into investments that way. Calculations seem to indicate that throwing my stocks into the mortgage after I reach that level will net me more in the long term than paying it down at my current monthly rate of $1170 at 4.5% interest. I should probably redo those calculations under a refinancing scenario though.

[catorbe]

American Funds: $10,824
Robinhood: $18,200 (but fluctuating +/500 these days)
Edward Jones: $28,070
House equity: $58,000

Mortgage balance: $97,000

Total: ~$17,000

Kinda anxious to pay down the mortgage, especially since even more money can flow into investments that way. Calculations seem to indicate that throwing my stocks into the mortgage after I reach that level will net me more in the long term than paying it down at my current monthly rate of $1170 at 4.5% interest. I should probably redo those calculations under a refinancing scenario though.

If you have $58,000 in house equity and a mortgage of $97,000, then I assume your house is currently valued at $155,000. Along with your other assets of $57,094 that puts your total assets at $212,094. Less the mortgage of $97,000 is actually a net worth of $115,094. I'm sure you have a reason to list it the way you do, but i'm not sure what it is because as it's stated you're double discounting yourself with that mortgage. Care to elaborate? :)

[Manchester]

American Funds: $10,824
Robinhood: $18,200 (but fluctuating +/500 these days)
Edward Jones: $28,070
House equity: $58,000

Mortgage balance: $97,000

Total: ~$17,000

Kinda anxious to pay down the mortgage, especially since even more money can flow into investments that way. Calculations seem to indicate that throwing my stocks into the mortgage after I reach that level will net me more in the long term than paying it down at my current monthly rate of $1170 at 4.5% interest. I should probably redo those calculations under a refinancing scenario though.

Is 4.5% a normal rate in the USA? 

Seems astronomically high to me (in Britain).  Mine is at 1.8% which is high (and will hopefully be re-negotiated and reduced next September).

[Optimiser]

American Funds: $10,824
Robinhood: $18,200 (but fluctuating +/500 these days)
Edward Jones: $28,070
House equity: $58,000

Mortgage balance: $97,000

Total: ~$17,000

Kinda anxious to pay down the mortgage, especially since even more money can flow into investments that way. Calculations seem to indicate that throwing my stocks into the mortgage after I reach that level will net me more in the long term than paying it down at my current monthly rate of $1170 at 4.5% interest. I should probably redo those calculations under a refinancing scenario though.

Is 4.5% a normal rate in the USA? 

Seems astronomically high to me (in Britain).  Mine is at 1.8% which is high (and will hopefully be re-negotiated and reduced next September).

It's a bit higher than current rates. I refinanced at 3.0% with a 30 year fixed rate mortgage a few months ago.

[Manchester]

American Funds: $10,824
Robinhood: $18,200 (but fluctuating +/500 these days)
Edward Jones: $28,070
House equity: $58,000

Mortgage balance: $97,000

Total: ~$17,000

Kinda anxious to pay down the mortgage, especially since even more money can flow into investments that way. Calculations seem to indicate that throwing my stocks into the mortgage after I reach that level will net me more in the long term than paying it down at my current monthly rate of $1170 at 4.5% interest. I should probably redo those calculations under a refinancing scenario though.

Is 4.5% a normal rate in the USA? 

Seems astronomically high to me (in Britain).  Mine is at 1.8% which is high (and will hopefully be re-negotiated and reduced next September).

It's a bit higher than current rates. I refinanced at 3.0% with a 30 year fixed rate mortgage a few months ago.

30 year fixed rates seem really risky for both banks and homeowners.  In the UK we usually fix the rate for 2/3 years before refinancing (or going onto a 'variable' rate, which are usually the national interest rate + x%).  Surprised there isn't a bank in America offering something similar, but then again, what do I know. :')

[Sugaree]

American Funds: $10,824
Robinhood: $18,200 (but fluctuating +/500 these days)
Edward Jones: $28,070
House equity: $58,000

Mortgage balance: $97,000

Total: ~$17,000

Kinda anxious to pay down the mortgage, especially since even more money can flow into investments that way. Calculations seem to indicate that throwing my stocks into the mortgage after I reach that level will net me more in the long term than paying it down at my current monthly rate of $1170 at 4.5% interest. I should probably redo those calculations under a refinancing scenario though.

Is 4.5% a normal rate in the USA? 

Seems astronomically high to me (in Britain).  Mine is at 1.8% which is high (and will hopefully be re-negotiated and reduced next September).

It's a bit higher than current rates. I refinanced at 3.0% with a 30 year fixed rate mortgage a few months ago.

30 year fixed rates seem really risky for both banks and homeowners.  In the UK we usually fix the rate for 2/3 years before refinancing (or going onto a 'variable' rate, which are usually the national interest rate + x%).  Surprised there isn't a bank in America offering something similar, but then again, what do I know. :')

We have that.  It's called an ARM mortgage.  It's one of the things that caused a lot of problems in 2008/2009.

[Optimiser]

American Funds: $10,824
Robinhood: $18,200 (but fluctuating +/500 these days)
Edward Jones: $28,070
House equity: $58,000

Mortgage balance: $97,000

Total: ~$17,000

Kinda anxious to pay down the mortgage, especially since even more money can flow into investments that way. Calculations seem to indicate that throwing my stocks into the mortgage after I reach that level will net me more in the long term than paying it down at my current monthly rate of $1170 at 4.5% interest. I should probably redo those calculations under a refinancing scenario though.

Is 4.5% a normal rate in the USA? 

Seems astronomically high to me (in Britain).  Mine is at 1.8% which is high (and will hopefully be re-negotiated and reduced next September).

It's a bit higher than current rates. I refinanced at 3.0% with a 30 year fixed rate mortgage a few months ago.

30 year fixed rates seem really risky for both banks and homeowners.  In the UK we usually fix the rate for 2/3 years before refinancing (or going onto a 'variable' rate, which are usually the national interest rate + x%).  Surprised there isn't a bank in America offering something similar, but then again, what do I know. :')

We have that.  It's called an ARM mortgage.  It's one of the things that caused a lot of problems in 2008/2009.

I've always heard people say to avoid variable rate mortgages because they are risky. With a fixed rate you know exactly what you will need to pay every month for the rest of the loan. If interest rates were really high right now, I might consider a variable rate. Right now though, with rates as low as they are, I was more than happy to to lock in 3% for the next 30 years.

[Imma]

American Funds: $10,824
Robinhood: $18,200 (but fluctuating +/500 these days)
Edward Jones: $28,070
House equity: $58,000

Mortgage balance: $97,000

Total: ~$17,000

Kinda anxious to pay down the mortgage, especially since even more money can flow into investments that way. Calculations seem to indicate that throwing my stocks into the mortgage after I reach that level will net me more in the long term than paying it down at my current monthly rate of $1170 at 4.5% interest. I should probably redo those calculations under a refinancing scenario though.

Is 4.5% a normal rate in the USA? 

Seems astronomically high to me (in Britain).  Mine is at 1.8% which is high (and will hopefully be re-negotiated and reduced next September).

It's a bit higher than current rates. I refinanced at 3.0% with a 30 year fixed rate mortgage a few months ago.

30 year fixed rates seem really risky for both banks and homeowners.  In the UK we usually fix the rate for 2/3 years before refinancing (or going onto a 'variable' rate, which are usually the national interest rate + x%).  Surprised there isn't a bank in America offering something similar, but then again, what do I know. :')

In the Netherlands fixed rates are very common, due to mortgage lending rules. If you have a variable rate, the mortgage lender needs to calculate affordability based on a fictional interest % , way higher than the current rates. If you get a 10+ years fixed rate the lender can calculate the affordability based on the real payment (and the customer gets the highest possible loan). We are 5 years into a 10-year fixed rate of 2,25% which seemed extremely low at that time. When the interest rates started to get really low, banks stopped offering 20 and 30-year terms. I think from a financial point of view, variable is the cheapest loan you can get (Euribor + a set percentage) so I think we'll switch to that after this fixed term is over, unless we could fix long-term at something lower than 3%-ish.

[Slanhirn]

Tracking net worth.

EOY 12.2016 - (-£10,250)
EOY 12.2017 - £4,360
EOY 12.2018 - £40,620
EOY 12.2019 - £62,523
01.2020 - £64,537 (+2,314)
02.2020 - £65,716 (+1,179)
03.2020 - £66,908 (+1,192)
04.2020 - £67,146 (+238)
05.2020 - £69,691 (+2,545)
06.2020 - £70,554 (+863)
07.2020 - £71,934 (+1,432)

Assets = £75,016
Student loans = (£3,082)

[BobTheBuilder]

Jan 22,634
Feb 24,893
Mar 23,454
April 28,515
May 34,893
June 37,667... can't belive it just keeps climbing with that pace. 375€ of that was re-imbursement for cancelled flights due to the pandemic. Still waiting for ~150€ for the return flight.

Approx. 11k in illiquid items and my half of our car.
This month is awesome, but only temporarily, since the vacation time bonus is coming due, but we have nowhere to go. So yeah I will probably block that for a brighter future.

15k+ in 6 months during a pandemic. I am blessed and feel the need to return that blessing soon.

[Evasion]

20 Dec 18 - 37,800
Mid March 2019 - 45,815
20 June 2019 - 50,890
Mid September 2019 - 57,608
15 December 2019 - 65,794
1 April 2020 - 71,465
15 May 2020 - 80,396
15 June 2020 - 85,996
1 July 2020 - 89,300

Onwards.. Pretty happy I'm almost at 90k for the end of financial year. Graduation planned for September. Made myself a plan for 200k before mid 2022, so far I'm on track. Will be interesting to see the July dividends soon. 

[scapegote]

May 31, 2020: $13,889.71
May 31, 2020: $14,889.84
June 30, 2020: $16,337.43 (+1447.59)

Forgot my $1k emergency fund account in May. Movement is a bit of debt pay-down and a smaller than normal year-end bonus. 401k/Pension were pretty flat this month.

[haypug16]

June 2020 Update
3/31/2017 (52,848.85) - Found MMM
3/31/2018 $(14,916.69) - 1 year in
3/31/2019 $9,917.20 - 2 years in
4/30/2019 $19,835.78
5/31/2019 $21,498.65
6/30/2019 $17,825.45
7/31/2019 $19,232.60
8/31/2019 $18,295.57
9/30/2019 $20,402.75
10/31/2019 $24,417.80
11/30/2019 $29,601.50
12/31/2019 $36,186.69
1/31/2020 $37,375.31
2/29/2020 $33,536.65
3/31/2020 $22,896.16 - 3 years in
4/30/2020 $32,841.74
5/31/2020 $41,382.08
6/30/2020 $49,125.78 +$7,743.70 increase!

Oh so close to the halfway mark. Fingers crossed I'll hit the $50ks by next month.

[Ze Stash]

Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-    137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)

01/07/2020: 19.991,35 € (+2.143,84 €)

Just barely missed 20k for the first time. Still didn't manage to find a buyer for my old motorbike, but it has inspired me to list a bunch of old junk on Ebay which netted ~300 € and cleared out the small basement a bit. Overall low spend month and investments also did ok. Wouldn't complain if it keeps going up like this.

Also my job just became a lot more secure/demanding suddenly. This also provides lots of upside potential as well though. A coworker quit yesterday to move to another larger company and I'm supposed to take over most of his responsibilities. I'm still early in my career and not really qualified for these tasks yet to be honest, so the learning curve in the next months should be pretty steep which I view as a plus. Also we're a small firm and him leaving frees up a lot of budget which I will use to try and negotiate a raise along with the additional responsibilities.

[Imma]

April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October: €11128.59
November: €11227,46
December: €11991,27
January: €12576,72
February: €11904,39
March: €10425,32
April: €11830,70
May: €12154,67
June: €14634,19

Goals for 2020:
Savings: €5250
Investments: €14750

Incredibly, despite everything, I just about reached my mid-year goal of 15k! So I'm on track for 20k by the end of the year. And that was an aspirational goal that I never expected to reach. Who knows what the second half of this year will bring but so far it's (financially) going well.

[LittleWanderer]

June 2019 - $27,758
July 2019 - $29,419
August 2019 - $29,884
September 2019 - $30,602
October 2019 - $31,770
November 2019 - $33,081
December 2019 - $34,820
January 2020 - $36,392
February 2020 - $35,701
March 2020 - $32,466
April 2020 - $36,157
May 2020 - $38,540

June 2020 - $39,514

Ugh, so close yet so far from the 40s.  My 401K has been bouncing around like crazy, obviously. 

[Optimiser]

Mar 2019 $14,000
Apr 2019 $12,700
May 2019 $9,500
Jun 2019 $11,500
Jul 2019 $17,000
Aug 2019 $19,900
Sep 2019 $19,900
Oct 2019 $26,200
Nov 2019 $34,500
Dec 2019 $37,200
Jan 2020 $43,700
Feb 2020 $45,400
Mar 2020 $45,300
Apr 2020 $52,800
May 2020 $59,400

Jun 2020 $63,400

[Tasse]

Jul 17	$6.2k
Aug 17	$6.8k
Sept 17	$8.2k
Oct 17	$9.0k
Nov 17	$9.9k
Dec 17	$11.1k
Jan 18	$12.1k
Feb 18	$13.6k
Mar 18	$15.1k
Apr 18	$16.6k
May 18	$17.7k
Jun 18	$18.5k
Jul 18	$20.2k
Aug 18	$20.8k
Sept 18	$22.2k
Oct 18	$21.7k
Nov 18	$22.5k
Dec 18	$22.4k
Jan 19	$24.7k
Feb 19	$27.2k
Mar 19	$29.3k
Apr 19	$31.3k
May 19	$31.5k
Jun 19	$33.3k
Jul 19	$35.1k
Aug 19	$36.7k
Sep 19	$38.6k
Oct 19	$40.2k
Nov 19	$42.6k
Dec 19	$44.6k
Jan 20	$49.0k
Feb 20	$46.5k
Mar 20	$42.7k
Apr 20	$47.5k
May 20	$50.6k

Jun 20: $53.5k

Mostly just keepin' on. Unusual spending this month, most of which will be reimbursed, but already offset by finally  getting my stimulus check. My roommates plan to move out, and I just re-reached 10% of my minimum FI # taking that into account. Hoping to still scrape a 50% savings rate for the year.

[Dutch Comfort]

Here we are:

May 2020: EUR 17,034
Jun 2020: EUR 18,160

Next months will be a little slower with holiday time coming up and one child starting a new school, so she will need some supplies (Chromebook etc....).

[Dutch Comfort]

April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October: €11128.59
November: €11227,46
December: €11991,27
January: €12576,72
February: €11904,39
March: €10425,32
April: €11830,70
May: €12154,67
June: €14634,19

Goals for 2020:
Savings: €5250
Investments: €14750

Incredibly, despite everything, I just about reached my mid-year goal of 15k! So I'm on track for 20k by the end of the year. And that was an aspirational goal that I never expected to reach. Who knows what the second half of this year will bring but so far it's (financially) going well.

You will surprise yourself in the second half of the year. Keep up the good work!

[Dutch Comfort]

Also my job just became a lot more secure/demanding suddenly. This also provides lots of upside potential as well though. A coworker quit yesterday to move to another larger company and I'm supposed to take over most of his responsibilities. I'm still early in my career and not really qualified for these tasks yet to be honest, so the learning curve in the next months should be pretty steep which I view as a plus. Also we're a small firm and him leaving frees up a lot of budget which I will use to try and negotiate a raise along with the additional responsibilities.

Always try to negotiate a raise with the additional work and responsibilities. I did so in January (finally, after 2-3 years in my new role) and succeeded. That is why my 20% COVID payroll cut did not hurt that much!

[mckaylabaloney]

6/1/2020: $19,606.73
7/1/2020: $26,480.37

I realized this month that my automated monthly payments -- my minimum student loan principal payment, my mortgage principal payment, and my regular monthly contributions to my 401k and HSA -- increase my net worth by more than $4000 every month (well, unless my investment contributions lose value in the market, but that's temporary), even if I don't manage to save another cent. That's a really good feeling!

[bcbaseballman]

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
9/31: 8,039.01
10/31: 7,803.49
11/30: 9,531.28
12/31: 9,296.79

2019
1/31/19: 13,493.35
2/28/2019: 15,766.50
3/31/2019: 19,286
4/30/2019: 19,283
5/31/2019: 18,676
6/30/2019 :22,362
7/31/2019: 24,646
8/30/2019: $27,199
9/31/2019: $30,664
10/31/2019: $33,343
11/30/2019: $35,249
12/31/2019: $39,079

2020
1/31/2020: $44,514
2/29/2020: $48,891
3/31/2020: $46,104
4/30/2020: $52,720
5/31/2020: $55,177

6/30/2020: $59,720

So close to the 60k mark. My goal it to get up to 75k by year end.

Don't forget to update your net worth in the spread sheet.

https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit#gid=0

[Rosy]

GOAL: $100K by Dec 31, 2021

$  4,588 June 2017
$ 10,117 Dec 2017
       
$ 10,715 Jan 2018
$ 31,034 Dec 2018
       
$ 31,094 Jan 2019
$ 50,000 Dec 2019

$ 53,000 Jan 2020
$ 56,000 Feb 2020
$ 58,000 Mar 2020
$ 64,000 Apr 2020
$ 67,000 May 2020
$ 70,000 Jun  2020
$ 73,100 Jul   2020

Note:
July figures incl $500 extra savings

*** Projected for Aug $75,5K ***
Really looking forward to seeing $75K on my balance sheet next month - a new record:) and a major stepping stone toward that coveted $100K.
Fingers crossed...

There is no telling how this pandemic might impact our lives - we've been fortunate so far to experience no financial impact.

[mckaylabaloney]

@Rosy at this rate you are going to totally obliterate that goal! Way to go.

[dizzy]

Really just getting started here- 38, I did not start saving for retirement until last Oct.

Oct 2019- $1000
Nov 2019- $2340
Dec 2019- $2779
Jan 2020- $5658
Feb 2020- $5539
Mar 2020- $5024
Apr 2020- $5444
May 2020- $8302  (wherein I finally got some of unemployment)
June 2020- $20864 (wherein I got more unemployment plus the EIDL)

I got my COL down a bit despite buying a car in May (moved to bf's house in suburbs) and am hoping to stash as much of PUA/EIDL (now that I got them!  I swear it was a full time job calling and researching everything) as possible eventually.  It seems the best way tho is not to actually put it in until end of year and in the meantime earn bank bonuses and such.  My work has been slowly reopening but it will be slow, but I will start dialing up the hustle after July and the $600/weekly ends.

In June this includes opening a SEP IRA which it wasn't too late for with >$5k.  I have hedged 20% of my portfolio rn in commodities (mostly gold/silver).  Others is a split of 50% stock etfs (half foreign half domestic) and cash waiting to be deployed during the next downturn.

I also have another $5k in an investment due in 1.5 months, should make $130 or so off of it in addition to 5k MR points (and signup bonus of 10k points) which are already in my account and will eventually get cashed to my Schwab account @ 1.25 cents/point

[jdhansen]

Progress continues slowly but steadily.  Nice to see everyone else making progress as well.

6/14/2020  $50,099
7/1/2020    $51,768

[Ze Stash]

Don't forget to update your net worth in the spread sheet.

https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit#gid=0

I just backfilled my NW in the spreadsheet to January 2019 and converted my NW in € to $ using today's exchange rate. That might misrepresent past NW numbers in $, but provides better comparability to the progress of others in the spread sheet I guess.