Race from 10 to 100k!!

[nmitb]

	2019	2020	2021	2022
Jan	-$7,248	$35,632	-	-
Feb	-$6,093	$32,925	-	-
Mar	-$1,081	$32,425	-	-
Apr	$1,221	$25,737	-	-
May	$4,418	$26,441	-	-
Jun	$5,562	$28,440	-	-
Jul	$7,408	$30,601	-	-
Aug	$9,255	$31,579	-	-
Sept	$25,361	$34,167	-	-
Oct	$27,333	-	-	-
Nov	$31,211	-	-	-
Dec	$33,422	-	-	-

With some luck i will break even this year...

[Feivel2000]

I have to boost my income. I don't even make what you guys add to your stache each month...

[Lelyy]

Hello everyone! I don’t post very often but I really like to see the monthly updates and decided I’d give it a try. Here it goes:

2016: $6,222
2017: $25,604
2018: $42,277
2019: $75,560

2020
1/1/2020: $75,560
2/1/2020: $75,958 (+$398)
3/1/2020: $70,838 (-$5120)
4/1/2020: $60,843 (-$9,995)
5/1/2020: $69,088 (+$8,245)
6/1/2020: $77,048 (+$7,960)
7/1/2020: $80,663 (+$3,616)
8/1/2020: $86,713 (+$6,049)
9/1/2020: $93,441 (+$6,728)

*457/401k only*

[Gingersnaps]

01/07/2020 - £75,523.86
01/08/2020 - £76,466.46
01/09/2020 - £79,690.65

I say this every month but I'm still missing my husbands updated pension figure, he did attempt to get this but log in details stumped him. Going to stand over him until it's done!
If that looks good then we could potentially have £100k within grasp by the end of the year.

ETA: Whoops forgot some nice news, we also found out this month we have a mini moustache on the way next year. Need to maximise those savings now while we can!

Looks like there's some amazing progress this month - can only see a few but @Lelyy hope to see you graduate this month!
@Feivel2000 making more income is great but this month I've added more through market gains and employer pensions contributions than I've saved myself, it soon starts ramping up so don't feel disheartened
@Stubblestache nice to see some fellows £s, great gains this month!

[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
7/31/2020: $65,792

8/31/2020: $71,970

I wish that the percentage gains could look like this forever. I know they will most likely slow down at some point but you have to love the market gains that have been happening the last few months.

As always don't forget to update the spread sheet.
https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit#gid=0

[mckaylabaloney]

6/1/2020: $19,606.73
7/1/2020: $26,480.37
8/1/2020: $40,657.65
9/1/2020: $52,868.32

Geez. It is crazy to see my net worth grow this much in one month, mostly from market gains, and know that I am really just at the beginning of my journey -- I can't quite imagine what a month like this will do to my NW when my stash is much larger. I know how exponential growth works but seeing it start to happen is another thing entirely! (And no doubt I will look back at this comment someday and laugh...)

Big personal milestone this month in that my investments (all in tax-advantaged accounts) surpassed the amount left on my student loans (which is still a six-figure number, so it feels rather meaningful). I've been prioritizing maxing out my tax-advantaged accounts before paying extra on my loans and it is definitely paying off already.

[Manchester]

I have to boost my income. I don't even make what you guys add to your stache each month...

Don't get disheartened looking at other people's gains.  Firstly, a lot of American posters usually earn very high salaries compared to people in Europe and are taxed less.  That isn't the case for all, but a lot of the people adding $5k dollars to their N/W will usually be extremely high earners.  Secondly, the markets have risen so much over the past few months.  I've actually got less cash available to me, but my N/W is rising due to markets recovering.  If you're not heavily in the market, you might not notice the rises that someone like myself has done. 

I think it's useful for everyone to consider how to raise their income.  Do you have a case study or journal?  It could be worth creating one so fellow posters can offer advice?

[Manchester]

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
July: €15345,09
August: €16444,46

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

Another good month, financially speaking! My wealth has been increasing by €1000/ month over the last 6 months! That's just incredible, considering that my average income over the past 6 months has been around €2350 after taxes. So that's a 42,5% savings rate, actually a little bit more if you count the principal part of the mortgage as savings. Not too bad!

I feel a bit guilty that the pandemic is making me so rich. I get most of my food from independent stores now and have had more food delivered over the past 6 months than in my whole pre-pandemic life, I ordered several big orders of craft supplies from local retailers, I've purchased online classes from local teachers. I've been consciously spending to help support the businesses I value, but I'm still just saving so much money. And I haven't even started my new job yet!

My friend is in a very difficult position where she doesn't really have a place to live - a fixed low income due to disability, living with a partner she needs to leave, doesn't qualify for any place on the private market due to her income, is on the waiting list for a council flat but that's going to take years. Before moving in with her partner she lived in a shelter-type accommodation that was extremely unsafe - and both of us are used to living in places that are kind of rough, she wasn't overreacting. I wish I could help her somehow. I have lots of money but not enough to be any kind of help. She's not the type that's looking for a handout at all, she'd never ask, but I wish I was able to buy a cheap apartment in her town and rent it to her for a fair price. I've explored the options and even though it would benefit both of us financially, I just won't be able to afford it for probably the next 2 years at least. For now, I'm just helping her write complaints about every landlord who has rejected her on the grounds of her disability, because that's actually illegal. Not hopeful that's going to achieve anything though.

Great work!  It's exciting to see your N/W increase quite quickly before you've started the new job. 

Obviously, no-one is happy about the pandemic, but you've built a certain lifestyle that means you've been able to react to the pandemic and the issues that have arisen.  You're like Noah, building your ark.  Eventually, the worlds flooded and you're alright - but it's because of the hard work you've put in beforehand.

It's a shame about your friend.  I can't offer much advice other than to try and avoid tying yourself into any financial responsibility with her.  As horrible as that seems, you don't want to end up paying off a second mortgage and receiving nothing in return.

[LittleWanderer]

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
July 2020 - $42,207

August 2020 - $44,045

Stock market is bonkers.  I mean, this can't go on like this...but who the hell knows with anything anymore.

[Optimiser]

I have to boost my income. I don't even make what you guys add to your stache each month...

I don't either, my stache has been growing like crazy this year, far in excess of my salary. Last month my NW went up by about twice what my salary was for the month. Most of my gains are due to increases in the value of my house and retirement accounts, not due to savings. I know it won't always be like that, and it blows my mind every single month when I see how much my net worth has gone up. It wasn't long ago that my net worth was negative and it was a real uphill battle. Now that I have a tailwind at my back it feels really good.

Edit: It looks like my NW increase for the last 12 months is approximately equal to my salary for the last 12 months, but my savings rate is nowhere near 100%!

[Imma]

@Feivel2000 when I first joined I made about €1200. I've doubled my income since! I had no idea that was possible but it was. And the market helps a lot.

For reference: I transfer €300/month to one of my investment accounts, but the market added an extra €300 in gains. That's 3% in a month. That's unsustainable for the long term and I fear a correction will happen soon. But it sure looks good in my monthly update now.

@Manchester, I've had those thoughts as well. But this is someone I know very well, and I also know quite a bit about her finances because of helping her with legal/tax stuff over the years. And we both have the same mustachian values. I wouldn't do it for my own sister, but my gut feeling says this could work out. And in the worst case, after 3 months of non-payment you can get someone evicted. For now it's still a pipe dream anyway. I haven't discussed it with her.

 I've been in her situation, low income due to disability, no landlord wanted to rent to me. I found someone willing to co-sign the lease and be a pretend-roommate (I could afford it but landlords just don't want disabled tenants). Eventually a miracle drug allowed me to go back to work. I could co-sign a lease with her too, but in the worst case scenario that would be a bigger liability from a financial perspective. I'm just so angry that if you are a disabled or chronically ill young person and you don't have family with money to support you, you're basically just kicked on the street by the government. My main motivation to become FI is to be able to fend for myself if/when my health declines again.

[Stubblestache]

@Gingersnaps thanks! The market has been up up up this month, I can't really believe how much it has grown myself. Congratulations on your lovely mini stache news!

@Feivel2000 It can be pretty disheartening early on, but the snowball effect is real. I was over the moon to get to 50k at the start of Aug and I've added over 5k to that, mostly from market gains.

I remember when I started out reading about 22 year olds with 150k invested fretting that they didn't have enough and thinking that if they think that then what chance do I have?!

I just stuck with it and tried not to focus on what other people were doing because at the end of the day, it's not their money I'm going to be relying on later in life. When I was earning less, I was saving and investing less BUT I also had fewer outgoings because I always lived within my means (my saving rate has been at least 50% for a long time, so I guess it's more accurate to say I live well within my means). If you're living within your means and investing a decent chunk of your wages, it does not matter so much what the absolute figure is because it is relative to your expenditure. Just my 2p worth, but I found this line of thinking helpful when I was disheartened.

[shrimpwd]

                  401K   NW
1-1-2018     6455   24k
12-1-2018   9518   37k
4-1-2019    10960  49k
11-6-2019   13466  53k -start of race
12-29-19     14460   56k
2-02-20       14991  57k
3-01-20       14632   58k
4-01-20       13884   58k
5-01-20       17011   63k
6-01-20       19255   66.5k
7-01-20       20358   68.4k
8-01-20.      21993   70k

9-01-20        23312    72.3k

The numbers don't look as nice this month, but that's just because Thursday is payday. I actually think I'll see 25k invested by the end of the month! I wasn't expecting that before the end of the year. I suppose I'm a bit speechless.

Congrats to everyone moving up to the next challenge! Hope to join you in 2-3 years!

[Feivel2000]

Thank you @Imma, @Stubblestache and all.
What I am missing yet is the track record, the prove of my ever growing stache. That's why I am here.

[Runningtuff]

Paid off my student loan this month - it was 0% but still a nice milestone.

Also got the government retirement credit of $500 for the year, so currently sitting at $22,800, from $16,600 a year and a bit ago. It's encouraging to see it add up with just small steps.

I think I got deleted at some point due to absence, but thought I'd pop back and report that I technically 'graduated' this month...5 years on. Not quick, but still satisfying. :D
I'm including the deposit I put into the house we bought last year and some paid-off principle in the maths. Next goal - get to 100k outside the house.

[Stubblestache]

@Feivel2000 have you seen the race to 10k thread? It's probably the most important of all the "Race to...X" threads because it gets people in the zone and sets the right behaviour patterns for everything that follows. Might be worth checking out if you haven't?

[Feivel2000]

@Feivel2000 have you seen the race to 10k thread? It's probably the most important of all the "Race to...X" threads because it gets people in the zone and sets the right behaviour patterns for everything that follows. Might be worth checking out if you haven't?

Thank you, I am late to the party, but had my first post here two months ago and I were super surprised that I "start" at ~85k.

[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
15 July 2020 - 90,232
1 August 2020 - 92,917
15 August 2020 - 95,320

2 September 2020 - 100,406

MADE IT to 100k! Payday, tax return and some help from the market run. I have cash until the next pay and $406 to spare so I will claim graduation now. To answer to the people who complain about things being slow; compounding does really work, I am playing with AUD, I have a high income.
Having said that, the main reason behind being relatively fast  for me is having a simple life with cornerstone habits (no car, no new clothes, shop for cheap, etc.).

I do expect the market to correct eventually, but hopefully I'll be well settled into the next thread by then. Otherwise I'll see you all in 15 days 😂 Enough self congratulations for now, onwards to 250k!

Good luck to everyone else, keep up the good work.

[Stubblestache]

@Feivel2000 gosh, well I should be taking tips from you then! :)
@Evasion Woop woop congratulations!

[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.
August 6, 2020        - $ 89,237.00 (+$6,555.86)   Bonus at work and market gains
September 2, 2020  - $ 93,346.17 (+$4,109.17)  This must be all market craziness.

I am interested to see how this plays out into January of 2021.  I think I have attached significance to the new year in that if we are still increasing savings, then it might be real.

[Feivel2000]

@Feivel2000 gosh, well I should be taking tips from you then! :)

Don't think so... not a big accomplishment... I saved ~220€/month (less than 10% of my income, in a high fee insurance wrapper... the break-even point after costs was just one or two years ago) for 15 years and got a ~20k severance package.

[YarnBudget]

EOY 2019 = $32,211.58
Jan 2020 = $33,874.65 (+ $1,663.07)
Feb 2020 = $36,738.94 (+ $2,864.29)
Mar 2020 = $31,221.02 (- $5,517.92)
April 2020 = $41,641.53 (+ $10,420.51)
May 2020 = $45,506.49 (+ $4,864.96)
June 2020 = $49,273.35 (+ $2,766.86)
July 2020 = $55,277.20 (+ $6,003.85)
August 2020 = $62,157.20 (+$6,880.00)

Wow, I only contributed a little under $2300 last month, so this is mostly market gains...

[dizzy]

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)
mid July 2020- $31724 (got the rest of the backpay, woohoo!)
7/31/20- $33340
9/2/20- $36366

Good- I got hired for two new jobs, both of which will or might pay more per hour than the one I have now!  Crazy, as the vast majority of my friends don't have a job right now at all (STILL!) unless they are teaching.  Even my bf is just doing deliveries, he hasn't had a job job since end of Feb.

Bad- it's now been 7 weeks since I got any payment from unemployment.  I'm about to not need it anymore, but it's still annoying that I didn't get what I was owed yet.  Our state is massively backlogged with issues related to identity verification that need a certified examiner to look at them.  As of today I'm owed roughly $3850.  I do want it but also acknowledge I'm in very good shape, have a roof over my head, not struggling, and saving.

My market gains have kinda sucked since I was doing a value investing ETF scheme...didn't sell anything except the 10% I had in bonds at the market bottom, which I bought more equities with...rode everything back to pretty close where they were (excepting REITs and SLYV which have done TERRIBLE).  I have been putting new funds in gold/silver/miners, and commodities, and also have a small position in bitcoin staking/USD coin staking (about $750 right now, I did it for some sign up bonuses but am leaving the coins for now) and GBTC (like $200, will DCA that).  I also started a small growth portfolio, only $2k which % is very small part of my stash.  All of these have gained more than the market so far, so I am pleased.

Finally got my solo401k open so looking forward to working on that.

[kaposzta]

July 12, 2019: $66,565
Aug 1, 2019: $68,207 (+2.47%, +$1,642)
Aug 29, 2019: $69,931 (+2.53%, +$1,724)
Sept 29, 2019: $71,138 (+1.73%, +$1,207)
Oct 31, 2019: $71,517 (+0.53%, +$379)
Nov 29, 2019: $73,138 (+2.27%, +$1,621)
Jan 01, 2020: $74,276 (+1.56%, +$1,138)
Feb 06, 2020: $73,621 (-0.88%, -$655)
March 05, 2020: $74,517 (+1.22%, +$896)
No data for April, I lost my interest seeing the losses :)
May 05, 2020: $68,620 (-8.59%, -$5,897)
June 04, 2020: $70,345 (+2.51%, +$1,725)
July 02, 2020: $72,483 (+3.04%, +$2,138)
August 05, 2020: $74,655 (+3.00%, +$2,172)
Sept 03, 2020: $75,241 (+0.78%, +$586)

While SR was over 68% in August, my investments were down by ~1%.
I had a $150 domain sale last month, but I haven't received the funds yet, I'm also waiting for a $90 installment on a former domain sale.
I'm content with the fact that my net worth is now higher than in March (before the time I lost 10% on my investments), and hopefully I'll be able to pass the 80k mark still in 2020.

[eav]

January 2020: 69,751
February 2020: 76,776
March 2020: $81,737
April 2020: Scary
May 2020: 81,624
June 2020: 88,147
July 2020: 94,654
August: $100,788

So I did make it to 100k, but it does seem rather precarious with this market. We'll see if I stay over 100 for next month's spreadsheet day, and if I do...good luck to everyone! I feel like this has to be the most exciting race of them all!

[slowstart]

Big lull in updates:

Dec 2019: 64,220.99
Jan 2020: 67,932.57
Feb 2020: 80,369.63
Mar 2020: 80,329.80
Sep 2020: 123,374

Made it! Thanks for the motivation to keep saving even in times of uncertainty.  See you all on the next thread! Good luck everyone!

[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)
08.2020 - £75,051 (+3,117)
09.2020 - £77,109 (+2,058)

Assets = £79,751
Student loans = (£2,642)

[Rosy]

Big lull in updates:

Dec 2019: 64,220.99
Jan 2020: 67,932.57
Feb 2020: 80,369.63
Mar 2020: 80,329.80
Sep 2020: 123,374

Made it! Thanks for the motivation to keep saving even in times of uncertainty.  See you all on the next thread! Good luck everyone!

@slowstart - CONGRATS, you are awesome!, but wait, what? how in the world did you get here this fast?
Just curious and a little envious too how you made it through this thread in record time.

@eav - yay - you made it - fingers crossed it holds till October!
It will be a while before I see you in the next thread.

@kaposzta - it all adds up. You are doing great!
You might hit $80K sooner than you think.

2020 has been a wild ride.
My initial projection for 2020 was for $70K, then $75K, then 78K now I'm looking at a new projection of $86K by EOY 2020.
Makes me wonder what I could do to find an extra $4K in the next almost four months - $90K sounds and looks so much better:).
Surreal.

[jdhansen]

Progress continues on building up the savings.  Not as quite impressive as others have done this last month but progress is progress.

6/14/2020  $50,099
7/1/2020    $51,768
8/1/2020    $56,146
9/5/2020    $59,010

Solid progress this month.  Also started a side gig this week that should help the progress keep going.

[DieHard_772]

Progress continues on building up the savings.  Not as quite impressive as others have done this last month but progress is progress.

6/14/2020  $50,099
7/1/2020    $51,768
8/1/2020    $56,146
9/5/2020    $59,010

Solid progress this month.  Also started a side gig this week that should help the progress keep going.

Good job, @jdhansen .  Others on here have reminded me that each of us has our own individual
journey, and your own progress is all that matters.  Adding nearly $10k to your networth
in less than three months  is far better than most people, notwithstanding the unusual
savings environement on this site ;)  Cheers

[DieHard_772]

Our Investments and Savings (not including checking accounts)

9/28/18  - $22,949
10/28/18 - $23,952
11/28/18 - $27,878
1/28/19 - $28,853
2/28/19 - $31,682
3/28/19 - $32,684
4/28/19 - $35,011
5/28/19 - $35,838
6/28/19 - $38,276
7/28/19 - $40,607
8/28/19 - $40,508
9/28/19 - $42,168
10/28/19 -$42,209
11/28/19 - $44,478
12/28/19 -$46,408
1/28/20 - $49,115
2/28/20 - $50,466
3/28/20 - $48,609
4/28/20 - $55,026
5/28/20 - $59,256
6/28/20 - $60,807
7/28/20 - $64,342
8/28/20 - $65,454
9/7/20 -  $66,364

If you squint at the numbers, we basically tripled our networth in 2 years ($22k to $66k)  :)
Very satisfied overall, and eager for more.

Onward and upward!!

[jdhansen]

Progress continues on building up the savings.  Not as quite impressive as others have done this last month but progress is progress.

6/14/2020  $50,099
7/1/2020    $51,768
8/1/2020    $56,146
9/5/2020    $59,010

Solid progress this month.  Also started a side gig this week that should help the progress keep going.

Good job, @jdhansen .  Others on here have reminded me that each of us has our own individual
journey, and your own progress is all that matters.  Adding nearly $10k to your networth
in less than three months  is far better than most people, notwithstanding the unusual
savings environement on this site ;)  Cheers

Thanks @DieHard_772 , you make a solid point about our progress and when I look at it that way we are doing fantastic.  Congratulations on your progress as well, at this rate we will all be in the next thread in no time.

[Dutch Comfort]

Tracking investments, emergency fund and additional pension investments (all to be used to retire together with SO!)
(not tracking company pension investments, house value and current accounts)

15 May 2020: EUR 17,034
15 Jun 2020: EUR 18,160
15 July 2020: EUR 18,809
5 August 2020: EUR 18,332
10 September 2020: EUR 18,999

Recovered nicely from the holiday indulgence and school expenses for our daughter. Now up we go!!!!
Congrats to all who graduated! Very impressive!

[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

Monthly update:

Student loan - ($24,307.94)



Savings - $2500
HSA - $3,074
Checking - $460
401K - $31,708
Roth IRA - $1,113.71

Total -  14,548

Two months later:

Student loan - ($24,307.94)



Savings - $2500
HSA - $3,525.77
Checking - $240
401K - $34,670.73
Roth IRA - $1,214.71

Total -  17,843.27

[Feivel2000]

90.473 €
+ 2.484 €
(more like + 1.484 €)

I saved 1.331 € last month, the additional ~1.150 € in increased NW mostly came from re-evaluate the worth of my flat. I always wanted to use what I paid for it in the statistic... Now I realised that I have mistyped or something... it should always have been 84.000 €.

"100k by the end of the year" is still possible... if the market goes up a little and if the fonds in my Unit-Linked Life Insurance did reasonable good this year.

	2020	2021	2022	2023
Jan	-	-	-	-
Feb	-	-	-	-
Mar	-	-	-	-
Apr	-	-	-	-
May	-	-	-	-
Jun	-	-	-	-
Jul	86.134 €	-	-	-
Aug	87.989 €	-	-	-
Sept	90.473 €	-	-	-
Oct	-	-	-	-
Nov	-	-	-	-
Dec	-	-	-	-

Spoiler: show

Assets		Debts
Flat	+ 84.000 €	Mortage	-76.607 €
Unit-Linked Life Insurance	+ 47.304 €
Fixed-Term Deposit	+ 2.000 €
ETFs	+ 23.121 €
Stockpicks	+ 5.867 €
Peer-To-Peer	+ 2.506 €
Crypto	+ 2.282 €

[dizzy]

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)
mid July 2020- $31724 (got the rest of the backpay, woohoo!)
7/31/20- $33340
9/2/20- $36366
9/17/20 - $42978

Good- FINALLY PUA UNFROZE AND PAID ME AGAIN!!! It's been 2 and a half months.
Also (same as last time) I got hired for two new jobs!  Been tarting to see people all of a sudden for astrology consults, in cash.

Bad- neither new job started yet!  One job told me two days before that 3 staff were diagnosed the day before with COVID...they were gonna get back to me in a couple weeks...yeah, y'all can take your sweet time getting back to me k thx.  Other job (more organized and safe hopefully) will start next week.  No idea on number of patients and it's 50-50 split!  I guess we'll see...


Finally got my solo401k open so looking forward to working on that.  I put $3k in it but didn't get to invest it yet.  I have a bunch more of stash but since the market's been shitty and kickfurther's been good, might concentrate my efforts there before dumping it into 401k at year end.

[Manchester]

September update:

My N/W grew by £808.09 to a new total of £34,991.32.

Same as the previous six months.  I've been contributing my usual amounts to my ISA and pension, but due to COVID related reductions in earnings, I'm not making as much progress as I should have.  Markets also seem to have slipped back the past few days (which is good as I'm due to buy more stocks at the end of this week). 

Determined the break the £35k mark next month.  I've got rid of my car, which will save me some extra money each month.  I might need to get another one in the future, but in the current environment, there's no point paying for one.

I started my journey exactly 3 years ago today with a N/W of -£1,382.07.  In that time I've doubled my earnings (although not over the last 6 months lol) and decreased my spending.  I still have a long way to go and I'm far from the most frugal person on these forums, but I'm very happy with the progress I made and I'm a much happier/healthier person as a result of my financial position today.

[snorr]

September update:

My N/W grew by £808.09 to a new total of £34,991.32.

Same as the previous six months.  I've been contributing my usual amounts to my ISA and pension, but due to COVID related reductions in earnings, I'm not making as much progress as I should have.  Markets also seem to have slipped back the past few days (which is good as I'm due to buy more stocks at the end of this week). 

Determined the break the £35k mark next month.  I've got rid of my car, which will save me some extra money each month.  I might need to get another one in the future, but in the current environment, there's no point paying for one.

I started my journey exactly 3 years ago today with a N/W of -£1,382.07.  In that time I've doubled my earnings (although not over the last 6 months lol) and decreased my spending.  I still have a long way to go and I'm far from the most frugal person on these forums, but I'm very happy with the progress I made and I'm a much happier/healthier person as a result of my financial position today.

Nice increases (considering it is EU(/UK ;)) and table. Is that excel? I love the bottom graph with the colours, how did you make that?

[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
$ 75,600 Aug 2020 - YAY! I broke $75K!
$ 80,000 Sep 2020
 
Someone pinch me, I saved $30K since this January. That's just so surreal.
Let's hope the last three months of 2020 turn out to be uncommonly good for us all:).

[okisok]

Ugh, still close but not quite there.

July 1: $94,885
August 1: $99,157
September 1: $96,161
Current: $92,650

Had surgery in July that affected the savings account. Had a large purchase at the beginning of this month that hasn't come off the credit card statement yet. By the end of the year I should have graduated to the next thread.

[Manchester]

@snorr

Thanks - I'd like to be making better progress, but there's a lot going on in the world a the moment and I feel lucky that I'm continuing to grow my net worth during these strange times.

I've used an excel graph called a '2D stacked column'.  I highlight all data in my graph excluding the 'total' column, select 'insert', then select the icon for 'insert column or bar chart' and it's available there.  Hope that helps. :)

[Manchester]

@Rosy You're smashing it!  You'll be out of here in no time.  There are still 3 months left and you're already clear of your previous best year!

@okcisok I'm sure you'll graduate in no-time.  I often find (albeit with much smaller figures than yours) that my N/W stagnates for a few months and then suddenly jumps forward, despite little changing in my habits or expenses.

[Stubblestache]

I'm having one of those spells where I'm getting frustrated and feeling like this is going to take forever, but just had a read through this thread and it's given me the boost I needed. So wanted to say thanks to everyone for your updates! Keep on truckin'

[Manchester]

I'm having one of those spells where I'm getting frustrated and feeling like this is going to take forever, but just had a read through this thread and it's given me the boost I needed. So wanted to say thanks to everyone for your updates! Keep on truckin'

It can get like that sometimes.  You've been smashing it so far this year.  Trust the process and keep going.  It's a marathon, not a sprint and you'll be ahead of 99% of people who aren't aiming for FIRE.

[Dutch Comfort]

I'm having one of those spells where I'm getting frustrated and feeling like this is going to take forever, but just had a read through this thread and it's given me the boost I needed. So wanted to say thanks to everyone for your updates! Keep on truckin'

Same here...... it feels like this will take forever. (feeling like a toddler: I want it and I want it NOW.....).

[Stubblestache]

Thanks @Manchester and @Dutch Comfort - good to know it's not just me.

Doing this is an excellent exercise in discipline!

[Stubblestache]

July 2018: £20,385
October 2018: £24,504
January 2019: £25, 295
April 2019: £33,844
July 2019: £38,667
October 2019: £38,588
January 2020: £43,260
April  2020:  £38,094
July 2020: £49,062.35
August 2020: £50,172 just over halfway! :)
Sept 2020: £55,556
Oct 2020 : £56,424

[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
$ 75,600 Aug 2020 - YAY! I broke $75K!
$ 80,000 Sep 2020 - Someone pinch me, I saved $30K since this January.
 
Projected total for October $81,800 - I'm taking a break from super saving and spending some money on the garden and projects, helping out family and in general just being a bit more indulgent with myself.
November projection is $1800 savings max - possibly less.
Dec? - who knows, maybe $1K - maybe zero... I'm not pushing the envelope for the rest of the year.

Life is good. Despite the title of this thread I don't want to race past my own enjoyment and experience of life.
It is more of a marathon than a race - endurance and persistence pay off in the long run, racing is too exhausting.
I find a period of rest and appreciating our accomplishments is a good thing.
Then we feel recharged and ready to go on - sometimes we just need to rethink our strategies, reflect or change course. 

[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
July: €15345,09
August: €16444,46
September: €17108,60

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

Still going in the right direction, but a bit slower due to the market + some spending. I only had 2 pairs of proper shoes left and both have high heels. So I bought a pair of flat shoes and I'm also on the lookout for boots. I've also bought a winter coat. My old coat wore through on the shoulders last winter. I'm a 30 year old professional woman. I'm not the type for diamonds and designer handbags, but I don't want to turn up looking like a broke student. I know it doesn't influence the quality of my work but most people don't look past their first impression. I'm not super interested in fashion - I know what I like and I"ll happily wear it until it falls apart - but my experience is nice clothing is an investment in my career.

I'll also need a new laptop soon since the one I use belongs to my employer and in my new job I can't use my work laptop for private purposes. So @Rosy I totally get what you mean! Sometimes we need to spend a bit to make our lives or the lives of our loved ones a bit more comfortable.

@Manchester well done getting rid of your car! Every month you don't own one you'll save money. And there are probably tons of rental and car share options over there as well if you need one just for a day. New job requires me to learn how to drive so that's going to be something else I'm going to be spending money on. Not looking forward to it as the cost of learning to drive is astronomically high here (€2000-€2500).

By the way, my friend has a place! It's a temporary situation and not great but at least for now she has a place to live.

[LittleWanderer]

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
July 2020 - $42,207
August 2020 - $44,045

September 2020 - $44,514

Anndddddd my 401K is back down.  Lol.  I feel like the shrug emoji guy would go well here right now.  Just staying the course, as usual.