Author Topic: Race from 10 to 100k!!  (Read 1138837 times)

shrimpwd

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Re: Race from 10 to 100k!!
« Reply #3800 on: July 01, 2022, 12:52:44 AM »
                       2018                2019                2020                2021                2022               
January$6,455-$14,460$34,473$77,625
February--$14,991$36,257$83,384
March--$14,632$38,256$85,694
April-$10,960$13,884$47,021$93,539
May--$17,011$52,533$86,952
June--$19,255$54,094$89,131
July--$20,358$55,927$83,281
August--$21,993$58,821-
September--$23,312$67,274-
October--$24,777$67,897-
November-$13,466$26,407$72,781-
December$9,518-$30,697$73,730-

Dutch Comfort

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Re: Race from 10 to 100k!!
« Reply #3801 on: July 01, 2022, 01:47:37 AM »
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 / special project savings)

15 May 2020: EUR 17,034 (started tracking)
15 December 2020: EUR 23,325
31 December 2021: EUR 37,355

31 January 2022: EUR 36,735
28 February 2022: EUR 36,356
31 March 2022: EUR 37,500
30 April 2022: EUR 35,592
31 May 2022: EUR 38,248
30 June 2022: EUR 36,852

(2022 goal: EUR 45-50K)

A slight backwards move..... as could be expected with the current stock markets. I'm saving and investing as usual and really keep reminding myself that I'm in for the long.....long.....long..... run and I'm buying stocks on sale.
Next month will be backwards as well, since we have holiday plans (3 weeks to France...... not bad....) and I need to buy all school supplies. It will be an expensive one this year since the youngest will go to middle school and needs some expensive stuff (laptop, sports gear etc.).
Let's hope for a better 2nd half of the year!

Tass

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Re: Race from 10 to 100k!!
« Reply #3802 on: July 03, 2022, 06:45:57 PM »
201720182019202020212022
January$12.1k$24.7k$49.0k$76.2k$95.4k
February$13.6k$27.2k$46.5k$79.0k$95.0k
March$15.1k$29.3k$42.7k$82.6k$96.4k
April$16.6k$31.3k$47.5k$87.3k$90.3k
May$17.7k$31.5k$50.6k$88.2k$89.7k
June$18.5k$33.3k$53.5k$90.3k$84.4k
July$6.2k$20.2k$35.1k$58.5k$92.0k
August$6.8k$20.8k$36.7k$63.0k$94.4k
September   $8.2k$22.2k$38.6k$63.2k$93.1k
October$9.0k$21.7k$40.2k$62.9k$97.1k
November$9.9k$22.5k$42.6k$69.9k$95.1k
December$11.1k   $22.4k   $44.6k   $75.0k   $100.3k

Eventually I'll get back to 100k. Until then, cheap stocks!

comicguy

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Re: Race from 10 to 100k!!
« Reply #3803 on: July 04, 2022, 05:35:13 AM »
June update:

01/26/22  Round Up 642.33   Investment  9911.44  Total 10553.77
02/26/22  Round Up 752.42   Investment 12408.26 Total 13160.680
03/25/22  Round UP 897.57   Investment 17291.64 Total 18189.21
04/30/22  Round up 971.36   Investment 18713.79  Total 19685.15
05/29/22  Round up 1083.32 Investment 20117.98  Total 21201.30
06/30/22  Round up 1132.77 Investment 21500.10  Total 22632.87

Very little increase for June even, but at least I bought some good stocks on sale!

Manchester

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Re: Race from 10 to 100k!!
« Reply #3804 on: July 06, 2022, 03:25:24 AM »
Seems like everyone is in the same boat. 

It's a marathon, not a sprint - we were overdue a bit of blip weren't we? :')

Stubblestache

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Re: Race from 10 to 100k!!
« Reply #3805 on: July 06, 2022, 05:29:45 AM »
201720182019202020212022
January$12.1k$24.7k$49.0k$76.2k$95.4k
February$13.6k$27.2k$46.5k$79.0k$95.0k
March$15.1k$29.3k$42.7k$82.6k$96.4k
April$16.6k$31.3k$47.5k$87.3k$90.3k
May$17.7k$31.5k$50.6k$88.2k$89.7k
June$18.5k$33.3k$53.5k$90.3k$84.4k
July$6.2k$20.2k$35.1k$58.5k$92.0k
August$6.8k$20.8k$36.7k$63.0k$94.4k
September   $8.2k$22.2k$38.6k$63.2k$93.1k
October$9.0k$21.7k$40.2k$62.9k$97.1k
November$9.9k$22.5k$42.6k$69.9k$95.1k
December$11.1k   $22.4k   $44.6k   $75.0k   $100.3k

Eventually I'll get back to 100k. Until then, cheap stocks!

I've stubbornly refused to leave the 100-250k race after dipping below 100lk, but another month like this and I might need to accept defeat and come back to this thread :D

Ze Stash

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Re: Race from 10 to 100k!!
« Reply #3806 on: July 06, 2022, 08:38:09 AM »
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 )
01/08/2020: 23.859,77 (+3.868,42 )
01/09/2020: 27.705,58 (+3.845,81 )
01/10/2020: 28.348,92 (+   643,34 )
01/11/2020: 29.975,77 (+1.626,85 )
01/12/2020: 32.157,81 (+2.182,04 )
01/01/2021: 37.536,36 (+5.378,55 )
01/02/2021: 39.128,65 (+1.592,29 )
01/03/2021: 43.488,25 (+4.359,60 )
01/04/2021: 50.227,75 (+6.739,50 )
01/05/2021: 50.942,27 (+   714,52 )
01/06/2021: 45.969,23 (- 4.973,04 )
01/07/2021: 47.887,98 (+1.918,75 )
01/08/2021: 50.361,49 (+2.473,51 )
01/09/2021: 55.538,44 (+5.176,95 )
01/10/2021: 55.405,64 (-    132,80 )
01/11/2021: 62.397,76 (+6.992,12 )
01/12/2021: 62.957,50 (+   559,74 )
01/01/2022: 62.444,54 (-    512,96 )
01/02/2022: 57.130,55 (- 5.313,99 )
01/03/2022: 59.780,50 (+2.649,95 )
01/04/2022: 63.814,15 (+4.033,65 )
01/05/2022: 60.816,35 (- 2.997,80 )
01/06/2022: 55.643,44 (- 5.172,91 )

01/07/2022: 49.784,34 (- 5.859,10 )

Another month in the wrong direction due to markets. Savings were roughly 1k. The next months should be less spendy, so savings should improve again until the end of the year.


TyGuy

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Re: Race from 10 to 100k!!
« Reply #3807 on: July 07, 2022, 11:17:46 AM »
Student Loan Debt:

01/12/19: $43,762
05/04/20: $21,456
05/04/21: $21,456
05/01/22: $21,456
06/01/22: $21,456
07/01/22: $21,456 (Loans have remained in forbearance)


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739
06/05/20: $18,006 ($7,267)
07/05/20: $8,594 (-$9,412)
08/05/20: $9,084 ($490)
09/01/20: $13,497 ($4,413)
10/01/20: $12,283 (-$1,214)
11/01/20: $15,692 ($3,409)
12/05/20: $19,528 ($3,836)
01/01/21: $21,735 ($2,207)
02/03/21: $21,870 ($135)
03/01/21: $23,417 ($1,547)
04/02/21: $33,080 ($9,663)
05/04/21: $36,424 ($3,344)
06/01/21: $39,976 ($3,552)
07/03/21: $47,349 ($7,373)
08/02/21: $52,292 ($5,044)
09/02/21: $57,319 ($5,027)
10/01/21: $58,555 ($1,236)
11/01/21: $60,397 ($1,842)
12/01/21: $59,891 (-$506)
01/01/22: $63,049 ($3,148)
02/02/22: $64,213 ($1,164)
03/02/22: $69,640 ($5,427)
04/01/22: $74,568 ($4,928)
05/01/22: $70,648 (-$3,920)
06/01/22: $74,612 ($3,964)
07/01/22: $69,696 (-$4,916)

Paid cash for several large, planned expenses last month, while also managing to buy in the dip. Looking forward to significantly less spending in July!

LobsterLuke

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Re: Race from 10 to 100k!!
« Reply #3808 on: July 12, 2022, 06:36:35 AM »
Hey everyone! So excited to make it to this thread finally. Here are my numbers as of this morning.

3/4/2022: $12,100 cash + $1,034 investments - $0 debt = $13,134 NW


7/12/2022: $14,300 cash + $2,450 investments - $0 debt = $16,750 NW

Finally graduated college at the ripe old age of 27 and landed a good job, so I'm looking forward to watching my stache grow at a faster rate!

I had hoped to be closer to $20K in net worth this time of year, but I spent a dumb amount of money furnishing my new apartment with brand new stuff.

I was walking through Goodwill yesterday and realized I would've been just as happy with the used furniture, dishes and appliances they were selling. I still have a lot to learn but I've been learning a lot by devouring every episode of the Mad Fientist podcast. Really interested in maxing my 401k and IRA somehow.

Manchester

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Re: Race from 10 to 100k!!
« Reply #3809 on: July 22, 2022, 09:50:18 AM »
My N/W grew by 2,846.97 to a new total of 54,453.44.
My N/W grew by 1,721.56 to a new total of 56,175.
My N/W grew by 2,262.53 to a new total of 58,437.53.
My N/W grew by 3,196.03 to a new total of 61,633.56.
My N/W grew by 2,080.14 to a new total of 63,713.70.
My N/W grew by 189.35 to a new total of 63,903.05.
My N/W grew by 2,046.07 to a new total of 65,949.12.
My N/W grew by 2,489.81 to a new total of 68,438.93.
My N/W grew by 2,948.26 to a new total of 71,387.19.
My N/W decreased by 1,267.07 to a new total of 70,120.12.
My N/W grew by 73.15 to a new total of 70,193.27.

July Update:

My N/W grew by 2,885.54 to a new total of 73,078.81.

It would have been a more significant increase if I hadn't paid for a posh holiday abroad - but life is for living!

Speaking of which, I have quite an unmustacian itch in the back of my mind tempting me to move to a bigger, posher house in a nicer area.  I can definitely afford a higher mortgage, and I'm getting sick of my current house (the location primarily - not the house itself).  However, upgrading to a new house would reduce my cash flow and tie up more money in a non-liquid asset.

Can't really decide what the best plan is, but considering I spend 95% of my life at home, I feel like it wouldn't really be 'wasted' money.

Anyway, that's my post for the month.  Hope everyone is doing well. 

triple7stash

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Re: Race from 10 to 100k!!
« Reply #3810 on: July 28, 2022, 07:47:48 PM »
Tracking investing in SPN (which doesn't include roth)

12/28/2020 - $62,783
1/28/2021 - $67,335
2/28/2021 - $69,404
3/28/2021 - $71,869
4/28/2021 - $77,861
5/31/2021 - $79,885
6/30/2021 - $82,843
7/28/2021 - $85,130
8/29/2021 - $87,558
9/30/2021 - $87,127
10/28/2021 - $92,699
11/28/2021 - $95,021
12/28/2021 - $96,703
2/2/2022 - $93,977
2/28/2022 - $91,712
3/28/2022 - $96,748
4/28/2022 - $90,642
5/28/2022 - $91,036
6/29/2022 - $89,116
7/28/2022 - $92,360

LittleWanderer

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Re: Race from 10 to 100k!!
« Reply #3811 on: July 29, 2022, 03:08:11 PM »
July 2021 - $64,082
August 2021 - $66,248
September 2021 - $64,221
October 2021 - $67,968
November 2021- $67,412
December 2021 - $70,758
January 2022 - $67,992
February 2022 - $69,486
March 2022 - $73,422
April 2022 - $68,808
May 2022 - $67,948
June 2022 - $63,619

July 2022 - $67,137

Up and down we go on this rollercoaster. 

shrimpwd

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Re: Race from 10 to 100k!!
« Reply #3812 on: July 29, 2022, 10:40:00 PM »
I began the race from 10k to 100k with only a 401K balance. When the time came to add a ROTH, I started to include that in my race number. This month, I made my first I-Bond purchase, and as such, I'm going to add them to this number. I feel it almost as a cheat, but it is money towards my retirement/FI total, and I still don't include cash/savings to this number. Is this crazy? Am I only doing this so that I can graduate? Thoughts? Either way, I may still be visiting a few times throughout the remainder of 2022.

                       2018                2019                2020                2021                2022               
January$6,455-$14,460$34,473$77,625
February--$14,991$36,257$83,384
March--$14,632$38,256$85,694
April-$10,960$13,884$47,021$93,539
May--$17,011$52,533$86,952
June--$19,255$54,094$89,131
July--$20,358$55,927$83,281
August--$21,993$58,821$101,031
September--$23,312$67,274-
October--$24,777$67,897-
November-$13,466$26,407$72,781-
December$9,518-$30,697$73,730-

comicguy

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Re: Race from 10 to 100k!!
« Reply #3813 on: July 30, 2022, 05:59:07 AM »
July update:

01/26/22  Round Up 642.33   Investment  9911.44  Total 10553.77
02/26/22  Round Up 752.42   Investment 12408.26 Total 13160.680
03/25/22  Round UP 897.57   Investment 17291.64 Total 18189.21
04/30/22  Round up 971.36   Investment 18713.79  Total 19685.15
05/29/22  Round up 1083.32 Investment 20117.98  Total 21201.30
06/30/22  Round up 1132.77 Investment 21500.10  Total 22632.87
07/30/22  Round up 1372.95 Investment 22042.54  Total 23415.49
« Last Edit: September 05, 2022, 06:03:50 PM by comicguy »

Dutch Comfort

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Re: Race from 10 to 100k!!
« Reply #3814 on: August 01, 2022, 01:00:21 AM »
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 / special project savings)

15 May 2020: EUR 17,034 (started tracking)
15 December 2020: EUR 23,325
31 December 2021: EUR 37,355

31 January 2022: EUR 36,735
28 February 2022: EUR 36,356
31 March 2022: EUR 37,500
30 April 2022: EUR 35,592
31 May 2022: EUR 38,248
30 June 2022: EUR 36,852
31 July 2022: EUR 36,718

(2022 goal: EUR 45-50K)

The decrease in cash funds was (fortunately) almost equal to the increase in investments.
As from now, I'm just hoping for continued market recovery and no unexpected expenses for the remainder of the year.

Ze Stash

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Re: Race from 10 to 100k!!
« Reply #3815 on: August 01, 2022, 03:01:35 AM »
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 )
01/08/2020: 23.859,77 (+3.868,42 )
01/09/2020: 27.705,58 (+3.845,81 )
01/10/2020: 28.348,92 (+   643,34 )
01/11/2020: 29.975,77 (+1.626,85 )
01/12/2020: 32.157,81 (+2.182,04 )
01/01/2021: 37.536,36 (+5.378,55 )
01/02/2021: 39.128,65 (+1.592,29 )
01/03/2021: 43.488,25 (+4.359,60 )
01/04/2021: 50.227,75 (+6.739,50 )
01/05/2021: 50.942,27 (+   714,52 )
01/06/2021: 45.969,23 (- 4.973,04 )
01/07/2021: 47.887,98 (+1.918,75 )
01/08/2021: 50.361,49 (+2.473,51 )
01/09/2021: 55.538,44 (+5.176,95 )
01/10/2021: 55.405,64 (-    132,80 )
01/11/2021: 62.397,76 (+6.992,12 )
01/12/2021: 62.957,50 (+   559,74 )
01/01/2022: 62.444,54 (-    512,96 )
01/02/2022: 57.130,55 (- 5.313,99 )
01/03/2022: 59.780,50 (+2.649,95 )
01/04/2022: 63.814,15 (+4.033,65 )
01/05/2022: 60.816,35 (- 2.997,80 )
01/06/2022: 55.643,44 (- 5.172,91 )
01/07/2022: 49.784,34 (- 5.859,10 )

01/07/2022: 56.777,07 (+6.992,73 )

Finally a good month again both due to the market recovery and higher savings. Hoping savings for the rest of the year will keep pace, then it should be a good ending to the year. Year on year from 01.08.2021 to 01.08.2022 savings were 14 k , while net worth gain was only roughly 6,5 k . But I guess this early during the accumulation phase it's a good thing to have downward markets.

regenaeb

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Re: Race from 10 to 100k!!
« Reply #3816 on: August 01, 2022, 07:49:40 AM »
8/21/21 - SEP + Roth $ 27,113.71
9/30/21 - SEP + Roth $ 27,063.71
10/29/21 - SEP + Roth $ 29,254.43
11/30/21 - SEP + Roth $ 30,055.54
12/31/21 - SEP + Roth $ 31,239.32

1/31/22 - SEP+401K+Roth $ 30,322.94
2/28/22 - 401K + Roth $ 30,620.77 (SEP-IRA rollover to 401K complete)
3/31/22 - 401K + Roth $ 32,862.61
4/30/22 - 401K + Roth $ 31,324.59
5/31/22 - 401K + Roth $ 32,310.61
6/30/22 - 401K + Roth $ 29,261.11
7/31/22 - 401K + Roth $ 32,205.00

Finally, some upward movement. I did not add funds this month because I was off work 2 weeks enjoying some family vacation time. Being self-employed means, I don't work, I don't get paid. August will be a better month where I can add more fund to the accounts. Hoping the second half of the year continues to improve.

Rimu05

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Re: Race from 10 to 100k!!
« Reply #3817 on: August 02, 2022, 12:39:04 PM »
JAN 2022: 40,699.37
MAR 2022: 87,840.41
JUN 2022:  86,153.42

Switched to an easier way of tracking. Goal is to get to 100K, get my emergency fund to 20K, and just cruise.

I bizarrely have spent less since becoming debt free. I've been cooking at home, and only eating out once a week. This has been a good balance for me. I still though both make coffee at home and buy it largely from studying at Starbucks. I'll try and get a hario for work.

It seems I've just made it to 100K because of the recent market rally

87285.79   401K
6,722.64   HSA
308.07   Checking
3511    Roth
-2250   debt
5034           Savings
100,611.5   

JAN 2022: 40,699.37
MAR 2022: 87,840.41
JUN 2022:  86,153.42
AUG 2022: 100,611.5

Imma

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Re: Race from 10 to 100k!!
« Reply #3818 on: August 02, 2022, 01:52:38 PM »
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 2019: 11128.59
November 2019: 11227,46
December 2019: 11991,27
January 2020: 12576,72
February 2020: 11904,39
March 2020: 10425,32
April 2020: 11830,70
May 2020: 12154,67
June 2020: 14634,19
July 2020: 15345,09
August 2020: 16444,46
September 2020: 17108,60
October 2020: 16687,93
November 2020: 17762,62
December 2020: 19386,94
January 2021: 20649.69
February 2021: 22021,64
March 2021: 22763,55
April 2021: 23866,70
May 2021: 25689.77
June 2021: 25659.61
July 2021: 26434.48
August 2021: 28512.33
September 2021: 29243.37
October 2021: 30357,48
November 2021: 32537,78
December 2021: 33194,68
January 2022: 32912,87
February 2022: 33483,33
March 2022: 32467,16
April 2022: 33360,09
May 2022: 33804,92
June 2022: 33276,84
July 2022: 34735,50

Goals for 2022:
Savings: 15.000
Investments: 30.000

@Manchester so far I'm not worried about the economic changes at all. Or maybe a better way to put it, I'm concerned about all sorts of geopolitical and economic developments, but I'm not worried about my own financial situation. When I log in to my brokerage account, I don't have feelings about the number on the screen. It's also not really that bad, I'm at -9% in 2022 but 2021 ended at +17%. I guess my investments feel more like Monopoly money to me than actual money. In my head, only my regular savings account feels "real". I have about 10k in that account and that's more than anyone I know irl.

I have a very steady job, the type of job that only gets more steady in times of economic uncertainty. I have more luxury in my life than I had 5 years ago when I made 1200 a month, but still a lot less than people with a similar income. And we still have the skills to go back to hardcore frugal living if we had to.

With regards to your housing situation, I think it's worth the time to figure out why exactly you want to move and whether this is the right timing. Is it a "status" thing, living in a nicer house? Or more a safety issue? How would it change your life? Would there be any downsides, like more use of a car and less walking?

We live in a terraced house on a council estate with a bad reputation. But it's actually quite a nice place to live, so we make do with the small-ish house. It's very green with mature trees, a nice highstreet with independent shops within walking distance, and most importantly, extremely safe. I can't guarantee all my neighbours pay their taxes, but it's safe for kids to play outside, people keep an eye out for our house when we're not here, drug dealers and wife beaters are chased away. If you're in a more rough neighbourhood, I can imagine moving to a nicer area would be a good decision for a young family, especially if decent schools and shops are within walking distance so you don't have to drive as much.

In the current economic climate I wouldn't feel secure moving "just" for status reasons, though, but that's up to you of course. One thing I've heard from friends with kids who have moved to"nicer" areas is they underestimated the impact on their kids. All the other parents drive expensive cars, go to Ibiza in summer, the kids wear expensive brands. If you're trying to live a mustachian life, you're going to stand out a lot. For you that's a choice but for kids it might be easier to have friends with a similar lifestyle. And my friends aren't even extremely frugal, I'm talking about people who drive a Civic or a Prius instead of a BMW and still going on foreign vacations, just not as interested in consumerism.

Turtle

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Re: Race from 10 to 100k!!
« Reply #3819 on: August 03, 2022, 07:10:05 AM »
My N/W grew by 2,846.97 to a new total of 54,453.44.
My N/W grew by 1,721.56 to a new total of 56,175.
My N/W grew by 2,262.53 to a new total of 58,437.53.
My N/W grew by 3,196.03 to a new total of 61,633.56.
My N/W grew by 2,080.14 to a new total of 63,713.70.
My N/W grew by 189.35 to a new total of 63,903.05.
My N/W grew by 2,046.07 to a new total of 65,949.12.
My N/W grew by 2,489.81 to a new total of 68,438.93.
My N/W grew by 2,948.26 to a new total of 71,387.19.
My N/W decreased by 1,267.07 to a new total of 70,120.12.
My N/W grew by 73.15 to a new total of 70,193.27.

July Update:

My N/W grew by 2,885.54 to a new total of 73,078.81.

It would have been a more significant increase if I hadn't paid for a posh holiday abroad - but life is for living!

Speaking of which, I have quite an unmustacian itch in the back of my mind tempting me to move to a bigger, posher house in a nicer area.  I can definitely afford a higher mortgage, and I'm getting sick of my current house (the location primarily - not the house itself).  However, upgrading to a new house would reduce my cash flow and tie up more money in a non-liquid asset.

Can't really decide what the best plan is, but considering I spend 95% of my life at home, I feel like it wouldn't really be 'wasted' money.

Anyway, that's my post for the month.  Hope everyone is doing well.

Do you own or rent your current place?  If you moved, would you be able to rent the current place out for enough to cover the mortgage on it? 

Tass

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Re: Race from 10 to 100k!!
« Reply #3820 on: August 04, 2022, 06:49:46 PM »
201720182019202020212022
January$12.1k$24.7k$49.0k$76.2k$95.4k
February$13.6k$27.2k$46.5k$79.0k$95.0k
March$15.1k$29.3k$42.7k$82.6k$96.4k
April$16.6k$31.3k$47.5k$87.3k$90.3k
May$17.7k$31.5k$50.6k$88.2k$89.7k
June$18.5k$33.3k$53.5k$90.3k$84.4k
July$6.2k$20.2k$35.1k$58.5k$92.0k$92.4k
August$6.8k$20.8k$36.7k$63.0k$94.4k
September   $8.2k$22.2k$38.6k$63.2k$93.1k
October$9.0k$21.7k$40.2k$62.9k$97.1k
November$9.9k$22.5k$42.6k$69.9k$95.1k
December$11.1k   $22.4k   $44.6k   $75.0k   $100.3k

I'm almost done with graduate school and now fielding job offers - it seems likely I'll finish before re-achieving $100k. Can I still say I saved $100k in grad school?

Imma

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Re: Race from 10 to 100k!!
« Reply #3821 on: August 05, 2022, 03:20:44 AM »
201720182019202020212022
January$12.1k$24.7k$49.0k$76.2k$95.4k
February$13.6k$27.2k$46.5k$79.0k$95.0k
March$15.1k$29.3k$42.7k$82.6k$96.4k
April$16.6k$31.3k$47.5k$87.3k$90.3k
May$17.7k$31.5k$50.6k$88.2k$89.7k
June$18.5k$33.3k$53.5k$90.3k$84.4k
July$6.2k$20.2k$35.1k$58.5k$92.0k$92.4k
August$6.8k$20.8k$36.7k$63.0k$94.4k
September   $8.2k$22.2k$38.6k$63.2k$93.1k
October$9.0k$21.7k$40.2k$62.9k$97.1k
November$9.9k$22.5k$42.6k$69.9k$95.1k
December$11.1k   $22.4k   $44.6k   $75.0k   $100.3k

I'm almost done with graduate school and now fielding job offers - it seems likely I'll finish before re-achieving $100k. Can I still say I saved $100k in grad school?

Sure! You just can't say "I saved $100.000 in grad school twice. "

Good luck with the job offers, you've done yourself a massive favour building up this kind of stash at your age. You can skip the "it-pays-the-bills" job phase and go straight to finding the job you really want. If you need to move, you can afford to move, if you need to accept a slightly lower pay, you can afford to take that pay cut. You can walk out of a job if you're being mistreated. You've trained your frugal muscle. You're 15 years ahead of your peers.

Manchester

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Re: Race from 10 to 100k!!
« Reply #3822 on: August 09, 2022, 03:44:29 AM »


@Manchester so far I'm not worried about the economic changes at all. Or maybe a better way to put it, I'm concerned about all sorts of geopolitical and economic developments, but I'm not worried about my own financial situation. When I log in to my brokerage account, I don't have feelings about the number on the screen. It's also not really that bad, I'm at -9% in 2022 but 2021 ended at +17%. I guess my investments feel more like Monopoly money to me than actual money. In my head, only my regular savings account feels "real". I have about 10k in that account and that's more than anyone I know irl.

I have a very steady job, the type of job that only gets more steady in times of economic uncertainty. I have more luxury in my life than I had 5 years ago when I made 1200 a month, but still a lot less than people with a similar income. And we still have the skills to go back to hardcore frugal living if we had to.

With regards to your housing situation, I think it's worth the time to figure out why exactly you want to move and whether this is the right timing. Is it a "status" thing, living in a nicer house? Or more a safety issue? How would it change your life? Would there be any downsides, like more use of a car and less walking?

We live in a terraced house on a council estate with a bad reputation. But it's actually quite a nice place to live, so we make do with the small-ish house. It's very green with mature trees, a nice highstreet with independent shops within walking distance, and most importantly, extremely safe. I can't guarantee all my neighbours pay their taxes, but it's safe for kids to play outside, people keep an eye out for our house when we're not here, drug dealers and wife beaters are chased away. If you're in a more rough neighbourhood, I can imagine moving to a nicer area would be a good decision for a young family, especially if decent schools and shops are within walking distance so you don't have to drive as much.

In the current economic climate I wouldn't feel secure moving "just" for status reasons, though, but that's up to you of course. One thing I've heard from friends with kids who have moved to"nicer" areas is they underestimated the impact on their kids. All the other parents drive expensive cars, go to Ibiza in summer, the kids wear expensive brands. If you're trying to live a mustachian life, you're going to stand out a lot. For you that's a choice but for kids it might be easier to have friends with a similar lifestyle. And my friends aren't even extremely frugal, I'm talking about people who drive a Civic or a Prius instead of a BMW and still going on foreign vacations, just not as interested in consumerism.

I agree so much with your first paragraph.  It doesn't feel like 'real' money does it?  Starting out in a precarious financial position (and being feeling stressed day in and day out about my lack of money) to where I am now is crazy.  I don't 'think' about money at all, other than to check whether it's gone up or down once a month.

The area I live in is actually quite nice/desirable.  Suburb, good transport links, low crime, good schools in an amazing City.  I don't live in Hale Barns or Alderly Edge (Posh places in MCR), but it's definitely one of the nicest areas in the city. 

The main issue I have with where I live is that our house is on the main road.  It's noisy and inconvenient and now that I have a baby I'm worried that it's dangerous (cars doing double the speed limit etc).  There's another issue where it can smell.  We're not too far from the water treatment plant.  It happens maybe once or twice a year, but it's enough to stop us from hosting garden parties - just in case.  Recently we had to have our windows closed despite the heat.

The house itself is lovely - just the immediate position that's the problem.   If we could pick it up and move it onto a side road it would be perfect.  When we were buying, we were both early 20s and this was the top end of what we could afford - we went for a nicer house in a worse location rather than the other way around and I don't regret that.  But mentally, I just feel ready to move.

Manchester

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  • Location: UK
Re: Race from 10 to 100k!!
« Reply #3823 on: August 09, 2022, 03:55:51 AM »
My N/W grew by 2,846.97 to a new total of 54,453.44.
My N/W grew by 1,721.56 to a new total of 56,175.
My N/W grew by 2,262.53 to a new total of 58,437.53.
My N/W grew by 3,196.03 to a new total of 61,633.56.
My N/W grew by 2,080.14 to a new total of 63,713.70.
My N/W grew by 189.35 to a new total of 63,903.05.
My N/W grew by 2,046.07 to a new total of 65,949.12.
My N/W grew by 2,489.81 to a new total of 68,438.93.
My N/W grew by 2,948.26 to a new total of 71,387.19.
My N/W decreased by 1,267.07 to a new total of 70,120.12.
My N/W grew by 73.15 to a new total of 70,193.27.

July Update:

My N/W grew by 2,885.54 to a new total of 73,078.81.

It would have been a more significant increase if I hadn't paid for a posh holiday abroad - but life is for living!

Speaking of which, I have quite an unmustacian itch in the back of my mind tempting me to move to a bigger, posher house in a nicer area.  I can definitely afford a higher mortgage, and I'm getting sick of my current house (the location primarily - not the house itself).  However, upgrading to a new house would reduce my cash flow and tie up more money in a non-liquid asset.

Can't really decide what the best plan is, but considering I spend 95% of my life at home, I feel like it wouldn't really be 'wasted' money.

Anyway, that's my post for the month.  Hope everyone is doing well.

Do you own or rent your current place?  If you moved, would you be able to rent the current place out for enough to cover the mortgage on it?

We own our current house.  We owe roughly 200k on the mortgage, but it's worth 335k - 350k.

Theoretically, we could rent out our current house and cover the mortgage, but I'd be reluctant to become a landlord.  The red-tape and work put me off.  I'm not convinced the money I'd earn would be worth it.

With our finances, we'd have a top-end budget of 600k which would buy a very nice house in our area - but we'd be paying considerably more each month (at least double our current payments of 850).  We both have decent jobs and a lot of disposable income. 


M5

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  • Location: Nevada
Re: Race from 10 to 100k!!
« Reply #3824 on: August 11, 2022, 02:45:16 PM »
Trying to get back on the wagon after not tracking this for a couple years. A lot has changed since then, including our first child and my wife being thrust into the stay at home parent role due to lack of available childcare. Quite a change going from dual to single income, especially when you didn't really plan for it. I used to track total net worth (currently $320k), but this time I'm just going to track investments since the equity in our home accounts for a large chunk of our NW and we don't have any plans to move out of it for a long time, if ever. Not including cash on hand in checking/savings either. Shouldn't spend too long here before graduating to the 100-250k thread once again.

8/11/22: $95,366

Manchester

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Re: Race from 10 to 100k!!
« Reply #3825 on: August 22, 2022, 05:43:53 AM »
My N/W grew by 2,846.97 to a new total of 54,453.44.
My N/W grew by 1,721.56 to a new total of 56,175.
My N/W grew by 2,262.53 to a new total of 58,437.53.
My N/W grew by 3,196.03 to a new total of 61,633.56.
My N/W grew by 2,080.14 to a new total of 63,713.70.
My N/W grew by 189.35 to a new total of 63,903.05.
My N/W grew by 2,046.07 to a new total of 65,949.12.
My N/W grew by 2,489.81 to a new total of 68,438.93.
My N/W grew by 2,948.26 to a new total of 71,387.19.
My N/W decreased by 1,267.07 to a new total of 70,120.12.
My N/W grew by 73.15 to a new total of 70,193.27.
My N/W grew by 2,885.54 to a new total of 73,078.81.

August update:

My N/W grew by 5,780.77 to a new total of 78,859.58.

Comfortably my biggest monthly increase since I've started tracking.  I didn't really do anything different, just the markets recovering that helped.

Dutch Comfort

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Re: Race from 10 to 100k!!
« Reply #3826 on: August 22, 2022, 05:51:41 AM »
OK..... officially admit it...... lost my spreadsheet which tracked my progress due to an error on my side...... now trying to recover it, so I might miss some data somewhere......
Otherwise I need to rebuild it...... which I DO NOT like....



Manchester

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Re: Race from 10 to 100k!!
« Reply #3827 on: August 22, 2022, 06:01:13 AM »
OK..... officially admit it...... lost my spreadsheet which tracked my progress due to an error on my side...... now trying to recover it, so I might miss some data somewhere......
Otherwise I need to rebuild it...... which I DO NOT like....

Nightmare!

Hopefully, you'll recover it.  If not, see it as an opportunity to make the spreadsheet better than it was.

Imma

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Re: Race from 10 to 100k!!
« Reply #3828 on: August 23, 2022, 02:56:57 AM »
@Manchester wow, that's a big increase!

I think wanting to move away from a dangerous road with a young family is a pretty sensible thing to do. I don't know what house prices are doing in Manchester, but here, even in a very overheated market full of expats with , there's a noticeable stagnation. Properties still sell but there are less bidding wars, and it takes much longer to sell a house. Especially the slightly more expensive homes are taking much longer to sell. 6 months ago most properties were on the market for less than two weeks, now a few nice houses in my neighbourhood have been for sale for the entire summer. One of them was flipped recently, and it looks like they're probably not going to make a profit on it. Asking price is only 50k more than what they bought it for and they put in new flooring, new kitchen and bathroom. Turns out that with the current energy prices a 1920s property with single glazed windows doesn't sell no matter how trendy it looks on the inside.

But for someone like you, with a lot of equity in your current home, selling a more modest home and interested in a more expensive home, this could be a good time to buy. Especially if you set aside some money to make your house more energy efficient rightaway (or look for a house that's already had that work done). We're renovating next winter, it was all arranged before energy prices skyrocketed, but we believe energy is not going to get cheaper and we don't think we're ever going to regret becoming at least 75% self sufficient for energy.

Dutch Comfort

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Re: Race from 10 to 100k!!
« Reply #3829 on: August 24, 2022, 03:37:01 AM »
OK..... officially admit it...... lost my spreadsheet which tracked my progress due to an error on my side...... now trying to recover it, so I might miss some data somewhere......
Otherwise I need to rebuild it...... which I DO NOT like....

Nightmare!

Hopefully, you'll recover it.  If not, see it as an opportunity to make the spreadsheet better than it was.

No chance at recovery. I'm now in the process of rethinking my definitions and rebuilding a sheet. Sometimes it is good to start with a fresh clean sheet!

Manchester

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Re: Race from 10 to 100k!!
« Reply #3830 on: August 24, 2022, 03:42:24 AM »
OK..... officially admit it...... lost my spreadsheet which tracked my progress due to an error on my side...... now trying to recover it, so I might miss some data somewhere......
Otherwise I need to rebuild it...... which I DO NOT like....

Nightmare!

Hopefully, you'll recover it.  If not, see it as an opportunity to make the spreadsheet better than it was.

Sorry to hear that.   At least you have a lot of the data stored in this thread. 

No chance at recovery. I'm now in the process of rethinking my definitions and rebuilding a sheet. Sometimes it is good to start with a fresh clean sheet!

Manchester

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Re: Race from 10 to 100k!!
« Reply #3831 on: August 24, 2022, 04:01:17 AM »
@Manchester wow, that's a big increase!

I think wanting to move away from a dangerous road with a young family is a pretty sensible thing to do. I don't know what house prices are doing in Manchester, but here, even in a very overheated market full of expats with , there's a noticeable stagnation. Properties still sell but there are less bidding wars, and it takes much longer to sell a house. Especially the slightly more expensive homes are taking much longer to sell. 6 months ago most properties were on the market for less than two weeks, now a few nice houses in my neighbourhood have been for sale for the entire summer. One of them was flipped recently, and it looks like they're probably not going to make a profit on it. Asking price is only 50k more than what they bought it for and they put in new flooring, new kitchen and bathroom. Turns out that with the current energy prices a 1920s property with single glazed windows doesn't sell no matter how trendy it looks on the inside.

But for someone like you, with a lot of equity in your current home, selling a more modest home and interested in a more expensive home, this could be a good time to buy. Especially if you set aside some money to make your house more energy efficient rightaway (or look for a house that's already had that work done). We're renovating next winter, it was all arranged before energy prices skyrocketed, but we believe energy is not going to get cheaper and we don't think we're ever going to regret becoming at least 75% self sufficient for energy.

Thanks.  It is a big increase.  I'd like to pretend I did something special to have achieved it - but no, it's just my boring old index funds doing weird market things.

The housing market has gone crazy here.  Every house in my area has been listed as 'offers over X'.  They do a house viewing party and ask potential buyers to submit their 'best and final' offers before going with the highest.   There are houses that have sold for 20% over the asking price!  It seems now that the market is starting to slow down (due to interest rates and cost of living rises).  I think you could be right and hopefully, it will be a good time for people in my position to 'upgrade'.

Funnily enough I was looking into Solar panels/heat pumps etc the other day.  Now with the prices constantly rising they're starting to make more economical sense - but still not quite there yet.  Our house is well insulated and we tend to be conservative with our heating (though that will probably change this winter with the baby).   I'm so happy I started getting my financial act together when I did - I can imagine it's very stressful for people living pay-check to pay-check right now.

Ze Stash

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Re: Race from 10 to 100k!!
« Reply #3832 on: August 31, 2022, 05:18:55 AM »
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 )
01/08/2020: 23.859,77 (+3.868,42 )
01/09/2020: 27.705,58 (+3.845,81 )
01/10/2020: 28.348,92 (+   643,34 )
01/11/2020: 29.975,77 (+1.626,85 )
01/12/2020: 32.157,81 (+2.182,04 )
01/01/2021: 37.536,36 (+5.378,55 )
01/02/2021: 39.128,65 (+1.592,29 )
01/03/2021: 43.488,25 (+4.359,60 )
01/04/2021: 50.227,75 (+6.739,50 )
01/05/2021: 50.942,27 (+   714,52 )
01/06/2021: 45.969,23 (- 4.973,04 )
01/07/2021: 47.887,98 (+1.918,75 )
01/08/2021: 50.361,49 (+2.473,51 )
01/09/2021: 55.538,44 (+5.176,95 )
01/10/2021: 55.405,64 (-    132,80 )
01/11/2021: 62.397,76 (+6.992,12 )
01/12/2021: 62.957,50 (+   559,74 )
01/01/2022: 62.444,54 (-    512,96 )
01/02/2022: 57.130,55 (- 5.313,99 )
01/03/2022: 59.780,50 (+2.649,95 )
01/04/2022: 63.814,15 (+4.033,65 )
01/05/2022: 60.816,35 (- 2.997,80 )
01/06/2022: 55.643,44 (- 5.172,91 )
01/07/2022: 49.784,34 (- 5.859,10 )
01/08/2022: 56.777,07 (+6.992,73 )

01/09/2022: 56.724,00 (- 53,07 )

Basically no movement. Savings were roughly 1,3k .

Imma

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Re: Race from 10 to 100k!!
« Reply #3833 on: August 31, 2022, 12:32:13 PM »
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 2019: 11128.59
November 2019: 11227,46
December 2019: 11991,27
January 2020: 12576,72
February 2020: 11904,39
March 2020: 10425,32
April 2020: 11830,70
May 2020: 12154,67
June 2020: 14634,19
July 2020: 15345,09
August 2020: 16444,46
September 2020: 17108,60
October 2020: 16687,93
November 2020: 17762,62
December 2020: 19386,94
January 2021: 20649.69
February 2021: 22021,64
March 2021: 22763,55
April 2021: 23866,70
May 2021: 25689.77
June 2021: 25659.61
July 2021: 26434.48
August 2021: 28512.33
September 2021: 29243.37
October 2021: 30357,48
November 2021: 32537,78
December 2021: 33194,68
January 2022: 32912,87
February 2022: 33483,33
March 2022: 32467,16
April 2022: 33360,09
May 2022: 33804,92
June 2022: 33276,84
July 2022: 34735,50
August 2022: 36496,61


Goals for 2022:
Savings: 15.000
Investments: 30.000


Did the same thing I always do but this month I finally saw a nice result!

@Manchester I was newly an adult during the Great Recession and I struggled for years. I had a low income, was going from one temp job to another, making ends meet by being extremely frugal. I always knew I should do everything to avoid debt, but gaining wealth was not something I knew a lot about. I didn't know anyone with money. After we bought the house in 2015 I started learning about financial planning and investing. My goal was to make sure I had all my ducks in a row when a new recession happened. I had no idea it was even possible for things to work out as well as they did. I had no idea a 'normal' person could make as much money as I do now (when I started tracking I made 1200 after tax, I think). If I was still in that 1200 job with only COL raises, I don't know if I'd still be able to put food on the table right now. 

regenaeb

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Re: Race from 10 to 100k!!
« Reply #3834 on: August 31, 2022, 12:52:14 PM »
8/21/21 - SEP + Roth $ 27,113.71
9/30/21 - SEP + Roth $ 27,063.71
10/29/21 - SEP + Roth $ 29,254.43
11/30/21 - SEP + Roth $ 30,055.54
12/31/21 - SEP + Roth $ 31,239.32

1/31/22 - SEP+401K+Roth $ 30,322.94
2/28/22 - 401K + Roth $ 30,620.77 (SEP-IRA rollover to 401K complete)
3/31/22 - 401K + Roth $ 32,862.61
4/30/22 - 401K + Roth $ 31,324.59
5/31/22 - 401K + Roth $ 32,310.61
6/30/22 - 401K + Roth $ 29,261.11
7/31/22 - 401K + Roth $ 32,205.00
8/31/22 - 401k + Roth $ 32,250.37

Tass

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Re: Race from 10 to 100k!!
« Reply #3835 on: August 31, 2022, 04:02:15 PM »
201720182019202020212022
January$12.1k$24.7k$49.0k$76.2k$95.4k
February$13.6k$27.2k$46.5k$79.0k$95.0k
March$15.1k$29.3k$42.7k$82.6k$96.4k
April$16.6k$31.3k$47.5k$87.3k$90.3k
May$17.7k$31.5k$50.6k$88.2k$89.7k
June$18.5k$33.3k$53.5k$90.3k$84.4k
July$6.2k$20.2k$35.1k$58.5k$92.0k$92.4k
August$6.8k$20.8k$36.7k$63.0k$94.4k$89.6k
September   $8.2k$22.2k$38.6k$63.2k$93.1k
October$9.0k$21.7k$40.2k$62.9k$97.1k
November$9.9k$22.5k$42.6k$69.9k$95.1k
December$11.1k   $22.4k   $44.6k   $75.0k   $100.3k

I've spent a lot recently - and will continue for a while yet - on two weddings I'm attending this fall. I have been slowly saving for them for several years, so all that spending is coming out of a dedicated pot, but the numbers are still wild and the pot is finally running low. My spreadsheet says my savings for this month is $0.12. Maybe around November I will finally start to see the benefit of the lower cost apartment I moved into in June?

That said, I'm still putting $800 per month into stocks.

Dutch Comfort

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Re: Race from 10 to 100k!!
« Reply #3836 on: September 01, 2022, 12:52:11 AM »
OK, I'm starting with a new spreadsheet and new definitions. However, the outcome is in the same range......

Tracking cash savings and liquid investments (so excluding pensions and house value and my DH cash savings, since he has his own account which I'm not tracking)

August 2022: EUR 45,309

Goal for 2022: EUR 50K

The month was full of back to school spending, paying the yearly school fees and DS starting a new sport, so we bought his sports gear and paid his yearly fee to the club.
Hopefully September will be a lot better and I can get to my goal for this year (still hoping for a year end bonus from my employer.....).

LittleWanderer

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Re: Race from 10 to 100k!!
« Reply #3837 on: September 01, 2022, 08:45:28 AM »
August 2021 - $66,248
September 2021 - $64,221
October 2021 - $67,968
November 2021- $67,412
December 2021 - $70,758
January 2022 - $67,992
February 2022 - $69,486
March 2022 - $73,422
April 2022 - $68,808
May 2022 - $67,948
June 2022 - $63,619
July 2022 - $67,137

August 2022 - $67,643

Really kind of sad to look at how much I've bounced around in the same spot for the past year, but I guess that's just how these things go!  I've been contributing the same amount in the market, but I really need to buckle down and save more cash too. 

triple7stash

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Re: Race from 10 to 100k!!
« Reply #3838 on: September 01, 2022, 11:27:39 AM »
Tracking investing in SPN (which doesn't include roth)

12/28/2020 - $62,783
1/28/2021 - $67,335
2/28/2021 - $69,404
3/28/2021 - $71,869
4/28/2021 - $77,861
5/31/2021 - $79,885
6/30/2021 - $82,843
7/28/2021 - $85,130
8/29/2021 - $87,558
9/30/2021 - $87,127
10/28/2021 - $92,699
11/28/2021 - $95,021
12/28/2021 - $96,703
2/2/2022 - $93,977
2/28/2022 - $91,712
3/28/2022 - $96,748
4/28/2022 - $90,642
5/28/2022 - $91,036
6/29/2022 - $89,116
7/28/2022 - $92,360
9/1/2022 - $92,750

comicguy

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Re: Race from 10 to 100k!!
« Reply #3839 on: September 02, 2022, 04:32:36 AM »
August update:

01/26/22  Round Up 642.33    Investment  9911.44  Total 10553.77
02/26/22  Round Up 752.42    Investment 12408.26 Total 13160.68
03/25/22  Round UP 897.57    Investment 17291.64 Total 18189.21
04/30/22  Round up 971.36    Investment 18713.79  Total 19685.15
05/29/22  Round up 1083.32  Investment 20117.98  Total 21201.30
06/30/22  Round up 1132.77  Investment 21500.10  Total 22632.87
07/30/22  Round up 1372.95  Investment 22042.54  Total 23415.49
08/31/22  Round up 1459.92  Investtment 23530.05 Total 24989.97
« Last Edit: September 05, 2022, 06:03:00 PM by comicguy »

Serendip

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Re: Race from 10 to 100k!!
« Reply #3840 on: September 04, 2022, 07:35:05 AM »


Really kind of sad to look at how much I've bounced around in the same spot for the past year, but I guess that's just how these things go!  I've been contributing the same amount in the market, but I really need to buckle down and save more cash too.

I feel you @LittleWanderer --I just have to accept that this year has not played out as I hoped/anticipated..however it's all still very much okay and I've actually had a few great trips so can't feel down about it.

Serendip

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Re: Race from 10 to 100k!!
« Reply #3841 on: September 04, 2022, 07:39:33 AM »
Dec '17    18,146
Jan '18     23,607
Dec '18    48,380
Dec '19    60,746

Jan '20     63,186
May '20    62,300
June '20   63,000
July '20    58,562
Oct '20     60,900
Dec '20   62,900

Jan '21    65,400
Feb '21    67,600
Mar '21    68,750
Apr '21    72,858
May '21   75,068
June '21  77,013
July '21   79,020
Aug '21   82,801
Sept '21  81,077
Oct 21   83,500
Nov 21   82,700

Dec 21   84,800
Jan '22   83,500
Feb '22   86,900
Mar '22  88,775

Apr '22  78,000 **

Aug '22  83,006

** This was a a big hit but then I've bounced around up and mostly down. Need to assess where I can be more diligent,  I've been travelling and spending willy-nilly so I can't point the finger anywhere. Would like to at least bump this up a few thousand by the end of the year as well as pay $5000 in tax instalments. Finances haven't been a priority for the last year or two and it SHOWS :)

M5

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Re: Race from 10 to 100k!!
« Reply #3842 on: September 07, 2022, 08:02:25 AM »
8/11/22: $95,366
9/7/22: $90,774 (-4592)

Smaller balance is all due to the current market.


TyGuy

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Re: Race from 10 to 100k!!
« Reply #3843 on: September 07, 2022, 10:29:16 AM »
Student Loan Debt:

01/12/19: $43,762
05/04/20: $21,456
05/04/21: $21,456
05/01/22: $21,456
06/01/22: $21,456
07/01/22: $21,456
09/01/22: $21,456 (These will disappear at the end of the month as I qualify for $20,000 in forgiveness!)


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739
06/05/20: $18,006 ($7,267)
07/05/20: $8,594 (-$9,412)
08/05/20: $9,084 ($490)
09/01/20: $13,497 ($4,413)
09/02/21: $57,319 ($5,027)
10/01/21: $58,555 ($1,236)
11/01/21: $60,397 ($1,842)
12/01/21: $59,891 (-$506)
01/01/22: $63,049 ($3,148)
02/02/22: $64,213 ($1,164)
03/02/22: $69,640 ($5,427)
04/01/22: $74,568 ($4,928)
05/01/22: $70,648 (-$3,920)
06/01/22: $74,612 ($3,964)
07/01/22: $69,696 (-$4,916)
09/01/22: $77,432 ($7,736)

I did not post an update for August, but glad to be moving upward once again! I will likely move onto the next thread in the next month or two when my student loans are forgiven, but I am excited to finish the year strong with few planned expense in the forecast.

Turtle

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Re: Race from 10 to 100k!!
« Reply #3844 on: September 13, 2022, 01:31:39 PM »
Congratulations @TyGuy - that's great!


triple7stash

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Re: Race from 10 to 100k!!
« Reply #3845 on: September 28, 2022, 12:45:41 PM »
Tracking investing in SPN (which doesn't include roth)

12/28/2020 - $62,783
1/28/2021 - $67,335
2/28/2021 - $69,404
3/28/2021 - $71,869
4/28/2021 - $77,861
5/31/2021 - $79,885
6/30/2021 - $82,843
7/28/2021 - $85,130
8/29/2021 - $87,558
9/30/2021 - $87,127
10/28/2021 - $92,699
11/28/2021 - $95,021
12/28/2021 - $96,703
2/2/2022 - $93,977
2/28/2022 - $91,712
3/28/2022 - $96,748
4/28/2022 - $90,642
5/28/2022 - $91,036
6/29/2022 - $89,116
7/28/2022 - $92,360
9/1/2022 - $92,750
9/28/2022 - $85,710

Imma

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Re: Race from 10 to 100k!!
« Reply #3846 on: September 30, 2022, 09:40:11 AM »
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 2019: 11128.59
November 2019: 11227,46
December 2019: 11991,27
January 2020: 12576,72
February 2020: 11904,39
March 2020: 10425,32
April 2020: 11830,70
May 2020: 12154,67
June 2020: 14634,19
July 2020: 15345,09
August 2020: 16444,46
September 2020: 17108,60
October 2020: 16687,93
November 2020: 17762,62
December 2020: 19386,94
January 2021: 20649.69
February 2021: 22021,64
March 2021: 22763,55
April 2021: 23866,70
May 2021: 25689.77
June 2021: 25659.61
July 2021: 26434.48
August 2021: 28512.33
September 2021: 29243.37
October 2021: 30357,48
November 2021: 32537,78
December 2021: 33194,68
January 2022: 32912,87
February 2022: 33483,33
March 2022: 32467,16
April 2022: 33360,09
May 2022: 33804,92
June 2022: 33276,84
July 2022: 34735,50
August 2022: 36496,61
September 2022: 35576,83

Goals for 2022:
Savings: 15.000
Investments: 30.000

Frankly, it could have been worse so I'm actually not too unhappy.

I've made a big decision though. I cancelled my monthly direct debit for my investment account. First time I've done that since Jan 2016. We are doing some necessary maintenance on our house and this will cost a ton of money. The most part of it is financed at 1,8% (we managed to fix that interest rate for a long time before the rates went crazy) but we'll also have to pay some things cash. We had planned to include those purchases in our monthly budget over the period of a couple of months, but due to inflation, to be on the safe side, we're going to hoard some extra cash just in case. The month to month inflation rate in September was 17,1% here.

Building materials and other luxury purchases aren't really affected yet - I'm going to buy new shoes tomorrow and they still cost exactly the same as the previous pair in September 2020, and it seems this is a good market to buy tiles and paint etc. But general COL (groceries, public transit and especially heating and electricity) have gone up a lot. We both got a nice raise recently but it's by far not enough to even keep our purchase power on the same level as it was last year. It's only a couple of years since we were low income so luckily we still have plenty of tricks up our sleeves. We've adapted the recipes we eat frequently so our weekly shop isn't as it expensive now as it would have been otherwise.

Tass

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Re: Race from 10 to 100k!!
« Reply #3847 on: September 30, 2022, 11:19:02 AM »
201720182019202020212022
January$12.1k$24.7k$49.0k$76.2k$95.4k
February$13.6k$27.2k$46.5k$79.0k$95.0k
March$15.1k$29.3k$42.7k$82.6k$96.4k
April$16.6k$31.3k$47.5k$87.3k$90.3k
May$17.7k$31.5k$50.6k$88.2k$89.7k
June$18.5k$33.3k$53.5k$90.3k$84.4k
July$6.2k$20.2k$35.1k$58.5k$92.0k$92.4k
August$6.8k$20.8k$36.7k$63.0k$94.4k$89.6k
September   $8.2k$22.2k$38.6k$63.2k$93.1k$81.4k
October$9.0k$21.7k$40.2k$62.9k$97.1k
November$9.9k$22.5k$42.6k$69.9k$95.1k
December$11.1k   $22.4k   $44.6k   $75.0k   $100.3k

This month was my second most expensive ever! And four trips still to go this year...

Still putting the same amount into stocks every month, at least!

LittleWanderer

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Re: Race from 10 to 100k!!
« Reply #3848 on: September 30, 2022, 03:02:27 PM »
September 2021 - $64,221
October 2021 - $67,968
November 2021- $67,412
December 2021 - $70,758
January 2022 - $67,992
February 2022 - $69,486
March 2022 - $73,422
April 2022 - $68,808
May 2022 - $67,948
June 2022 - $63,619
July 2022 - $67,137
August 2022 - $67,643

September 2022 - $64,126

comicguy

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Re: Race from 10 to 100k!!
« Reply #3849 on: October 01, 2022, 05:19:55 AM »
September update
01/26/22  Round Up 642.33    Investment  9911.44  Total 10553.77
02/26/22  Round Up 752.42    Investment 12408.26 Total 13160.68
03/25/22  Round UP 897.57    Investment 17291.64 Total 18189.21
04/30/22  Round up 971.36    Investment 18713.79  Total 19685.15
05/29/22  Round up 1083.32  Investment 20117.98  Total 21201.30
06/30/22  Round up 1132.77  Investment 21500.10  Total 22632.87
07/30/22  Round up 1372.95  Investment 22042.54  Total 23415.49
08/31/22  Round up 1459.92  Investtment 23530.05 Total 24989.97
09/30/22  Round up 1448.77  Investment  23662.64 Total 25111.41
« Last Edit: October 02, 2022, 05:40:38 AM by comicguy »