Author Topic: Race from 10 to 100k!!  (Read 1328318 times)

connor

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Re: Race from 10 to 100k!!
« Reply #750 on: March 14, 2016, 06:13:08 AM »
hit 25k USD this week, although I should probably stick to my own currency, 17.8k GBP. My road to 100k will be in bursts rather than a steady increase, though, as I'm a college student just trying to find little moneymaking schemes here and there rather than having an actual income.

carozy

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Re: Race from 10 to 100k!!
« Reply #751 on: March 16, 2016, 01:22:27 PM »
hit 25k USD this week, although I should probably stick to my own currency, 17.8k GBP. My road to 100k will be in bursts rather than a steady increase, though, as I'm a college student just trying to find little moneymaking schemes here and there rather than having an actual income.

$25K for a college student is pretty good!

Mr.Bubbles

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Re: Race from 10 to 100k!!
« Reply #752 on: March 16, 2016, 02:03:27 PM »
I know i'm late for the party but....

3/16/16- $10,515 USD

time to go!

tomita

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Re: Race from 10 to 100k!!
« Reply #753 on: March 16, 2016, 07:21:00 PM »
I hope this is doable
16 Mar 2016 ....investments $64300   debt $13200 (for DH & me)

CanIndian

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Re: Race from 10 too 100k!!
« Reply #754 on: March 20, 2016, 07:05:07 PM »

Not much progress in Feb too. While the Canadian holdings increased by ~2500, due to forex fluctuations the oversees numbers are trending lower in CAD. But we are back to the 35-40% savings levels and are plugging away at the investments.
Aug 2015: $73,900
Sep 2015: $78,300
Oct 2015: $86,014
Nov 2015: $88,620
Dec 2015: $88,329
Jan 2016: $90,032
Feb 2016: $90,600
Early update this months as the year-end bonus and a hefty tax refund gave a definitive push over the line, with a paycheck still remaining in the month. Took me 27 months to go from 10-100.

Dec 2013: ~10,000
Dec 2014: ~50,000
July 2015: $74,250
Aug 2015: $73,900
Sep 2015: $78,300
Oct 2015: $86,014
Nov 2015: $88,620
Dec 2015: $88,329
Jan 2016: $90,032
Feb 2016: $90,600
Mar 20th  2016: $107,112

Steaming along to the next goalpost.
Good luck everyone on your journeys and see you soon on the other thread.

Imustacheyouaquestion

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Re: Race from 10 to 100k!!
« Reply #755 on: March 25, 2016, 06:58:56 AM »
1/31/16: 71,733
2/29/16: 74,225
3/25/16: 80,361

Need to pay just over $1k in taxes, so my increase next month will be a bit smaller. But forward progress is good!

Nederstash

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Re: Race from 10 to 100k!!
« Reply #756 on: March 25, 2016, 11:49:23 AM »
Joining! My NW won't grow as fast as everyone else here and I don't expect to hit 100k very soon... but that won't discourage me! Numbers are in euro btw (which is 1.09 dollar atm).
Aug 15: 5327 (found MMM)
Sep 15: 5775
Oct 15: 6964
Nov 15: 8551
Dec 15: 12085
Jan 16: 12700
Feb 16: 13691
Mar 16: 14818

Hope to see you at the 100k mark before I'm old and grey!

Just did some conservative calculations and I should hit 100k at the end of 2020. Mind you, this includes zero interest or dividends, so it will hopefully be sooner. I've set myself a goal. I want to be at 100k at the end of 2018. I will need to get serious about side hustles though! What's life without a little challenge!

monstermonster

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Re: Race from 10 to 100k!!
« Reply #757 on: March 26, 2016, 10:31:17 AM »
Joining! My NW won't grow as fast as everyone else here and I don't expect to hit 100k very soon... but that won't discourage me! Numbers are in euro btw (which is 1.09 dollar atm).
Aug 15: 5327 (found MMM)
Sep 15: 5775
Oct 15: 6964
Nov 15: 8551
Dec 15: 12085
Jan 16: 12700
Feb 16: 13691
Mar 16: 14818

Hope to see you at the 100k mark before I'm old and grey!

Just did some conservative calculations and I should hit 100k at the end of 2020. Mind you, this includes zero interest or dividends, so it will hopefully be sooner. I've set myself a goal. I want to be at 100k at the end of 2018. I will need to get serious about side hustles though! What's life without a little challenge!

I'm with you, too! I'm looking at a NW of maybe $100K in 2020 if I'm really lucky! But side hustles are the key. :-)

newkanye

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Re: Race from 10 to 100k!!
« Reply #758 on: March 28, 2016, 10:11:53 PM »
1st post! My stretch goal is 125K by the end of the year if I get lucky with the market. I will be about 23.5 years old (sidenote: I can't believe I'm turning 23). More realistically I will probably hit 105k-110k barring any illnesses/family issues/injuries etc.

Me: Single male, 22 years old, NYC
Started at -12k in student debt when i graduated in 2015. During college, I paid down ~8k from earnings in college/internships.

Current stats:
Cash on hand: 20k. 15k is in the savings account to maintain the credit card. I have an additional 5k for instant liquidity (rent, paying the monthly credit card balance) without disrupting my long-term investment positions and getting slapped the 35% capital gains tax.
ETF: 10k
Cash for Investments (dry powder): 37k
401k: 5.5k - the match doesn't activate until I've stayed with the firm for 2-3 years so I'm ignoring the additional +5.5k match.
Traditional IRA: 5.5k as soon as I cash in the tax refund. It's sitting at home with my parents.

Total: 78K
Year-End Goal: 125K
62% there!


steveo

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Re: Race from 10 to 100k!!
« Reply #759 on: March 29, 2016, 02:19:35 AM »
Okay - time to join this one. I want to make this past 100k this year and we (wife and myself) should be able to do that easily mainly because the mortgage is about to be paid off. I'm not including home equity or super (Australian retirement account that you can't access until 60).

4th January 2016 : 55k.

An update for close to the end of the quarter: 58k.

So this is pretty pathetic but the returns haven't been good for us plus we have only made one investment in the market. In stating that we invested 10k and we've moved forward 3k. I suppose it's interesting to think about how poor returns can impact me. I think over the longer term we will still come out ahead so I'm not really that stressed.

We also have close to 10k in cash. I'm not including this because I'm only including invested assets. I expect to invest another 20k during the next quarter and we will see how we go.

dogboyslim

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Re: Race from 10 to 100k!!
« Reply #760 on: March 29, 2016, 04:08:45 PM »

merlin7676

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Re: Race from 10 to 100k!!
« Reply #761 on: March 31, 2016, 08:28:54 AM »
Well this quarter hasn't been great return wise but I did sell my car which helps increase my net worth plus my bonus at work helped to pay down the last CC and will be finished either end of May or beginning of June.
My yearly raise should be effective April 15th and tax return is due any day now so I expect another big jump from March to April as well.

12/31/15   47,513.96
01/31/16   44,058.68
02/29/16   46,830.84
03/31/16   58,923.60

**I don't include my home value since we plan to stay in it forever. This is only IRA and 401K and savings and taxable accounts****
« Last Edit: April 01, 2016, 08:28:18 AM by merlin7676 »

CanyonMan

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Re: Race from 10 to 100k!!
« Reply #762 on: March 31, 2016, 02:41:15 PM »
I've never posted in this thread, but I've been keeping tabs on it for a long time. Not at 100k in Mint due to a technicality, but hit it for the first time during this month.

Dates   Net                           Notes
Nov-10   $1,849.03
Dec-10   $2,524.99
Jan-11   $2,418.43
Feb-11   $1,937.37
Mar-11   $2,689.13
Apr-11   $2,689.13
May-11   $2,689.13
Jun-11   $2,689.13
Jul-11   $2,689.13
Aug-11   $1,663.30
Sep-11   $1,785.26
Oct-11   $3,787.75
Nov-11   $5,486.26
Dec-11   $5,514.02
Jan-12   $6,296.77
Feb-12   $4,949.08
Mar-12   $4,264.70
Apr-12   $5,262.42
May-12   $5,200.87
Jun-12   $5,716.61
Jul-12   $8,004.74
Aug-12   $8,047.28
Sep-12   $6,510.59
Oct-12   $17,477.46      Sold a bunch of stuff in an attempt to simplify my life. (extra vehicles, electronics, spare tools)
Nov-12   $16,354.48    
Dec-12   $16,352.56    
Jan-13   $14,079.47    
Feb-13   $17,556.49    
Mar-13   $17,305.82    
Apr-13   $18,831.80    
May-13   $20,113.63    
Jun-13   $13,348.21    
Jul-13   $14,967.44    
Aug-13   $15,772.28    
Sep-13   $17,146.63    
Oct-13   $19,077.32    
Nov-13   $20,537.92    
Dec-13   $21,903.85          Finished college. Graduated with zero debt thanks to spending the majority of my degree at a community college and working 40+ hours a week the whole time.
Jan-14   $24,028.75    
Feb-14   $25,475.82    
Mar-14   $26,480.62    
Apr-14   $32,071.04           Started reading MMM.
May-14   $32,166.76    
Jun-14   $35,030.11    
Jul-14   $39,832.53    
Aug-14    $41,600.72    
Sep-14   $43,536.95    
Oct-14   $46,353.34    
Nov-14   $51,066.46           Moved 1500 miles for Job, big growth spurt came from advance for moving expenses.
Dec-14   $50,852.04    
Jan-15    $56,661.62    
Feb-15    $63,155.09    
Mar-15   $64,334.44    
Apr-15   $52,588.68             Home Purchase - Down Payment on house
May-15   $55,631.95    
Jun-15   $57,427.62    
Jul-15   $79,110.25             Home equity added to mint. $10k in instant equity due to finding a deal on a foreclosure owned by a bank that didn't know the local market.
Aug-15   $79,679.80    
Sep-15   $81,828.87    
Oct-15   $87,487.43    
Nov-15   $87,519.89    
Dec-15   $87,267.01    
Jan-16   $85,533.09    
Feb-16   $89,507.62    
Mar-16   $99,265.54           Actually hit 100K during this month! Net was brought back under by a mortgage payment that has been withdrawn, but not reflected in the equity yet.


A couple stats and factoids.

Age: 25
Asset breakdown: 16% cash/savings. 26% investments, 31% Retirement account, 27% home equity.
Debt: Nothing other than mortgage. Watched my parents destroy any hope of retirement with credit cards.
Field: Public sector I.T. (Decent pay, but far from the 6 figure salaries that seem to be common around here)



Time to go start lurking in the 6 figure thread!
« Last Edit: March 31, 2016, 02:45:15 PM by CanyonMan »

mrteacher

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Re: Race from 10 to 100k!!
« Reply #763 on: March 31, 2016, 06:15:08 PM »
I made it! Closed in March comfortably over $100,000!

9/1: $78,487.07
10/1: $81,428.69
11/1: $87,887.66
12/1: $90,220.55
1/1: $93,782.59
2/1: $91,959.06
3/1: $93,145.64
4/1: $100,869.59

On to $250k!

Keep on keeping on, everyone!

carozy

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Re: Race from 10 to 100k!!
« Reply #764 on: March 31, 2016, 07:22:35 PM »
I made it! Closed in March comfortably over $100,000!

9/1: $78,487.07
10/1: $81,428.69
11/1: $87,887.66
12/1: $90,220.55
1/1: $93,782.59
2/1: $91,959.06
3/1: $93,145.64
4/1: $100,869.59

On to $250k!

Keep on keeping on, everyone!

Congrats!  You had some big jumps there too :)

andy85

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Re: Race from 10 to 100k!!
« Reply #765 on: April 01, 2016, 06:28:09 AM »
Somehow i just now saw this thread...and it is one i can actually not feel out of place :)

(2010-2013 amounts are my best guess. Didn't start tracking until 2014)

End of Year: Amount
2010: -$7,500
2011: $7,500
2012: $8,500 (bought a car - hence the relatively flat NW)
2013: $24,000
2014: $36,285 (Found MMM in October)
2015: $40,655 (Peaked at $48k, but then I liquidated some savings to buy a house)
Today: $48,000

There is a very slim chance i could hit 100k by the end of 2017...should get there in 2018 for sure.
« Last Edit: April 01, 2016, 07:01:50 AM by andy85 »

Rodgers12

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Re: Race from 10 to 100k!!
« Reply #766 on: April 01, 2016, 06:42:50 AM »
7/31/2015: $36,978
8/31/2015: $34,949
9/30/2015: $35,722
10/31/2015: $37,797
11/30/2015: $39,424
12/31/2015: $42,763
01/31/2016: $44,656
02/29/2016: $47,521
03/31/2016: $51,770

March was a good month for me. Between my employer simple IRA company match being deposited, the market gains in general, and also some privately held company stock that I own increased the share price by 7%, I have seen a very nice jump in my net worth! Little bit of a milestone for me surpassing the $50k mark. Slow and steady my progress has been but finally crossing the half way mark is giving me extra motivation to stay the course.

Glad to see we have a bunch of new people joining in on the race! Good luck everyone and I am excited to watch your progress along the way!

SGontour

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Re: Race from 10 to 100k!!
« Reply #767 on: April 01, 2016, 08:51:30 AM »
January 2015: CHF 49,805
...
November 2015: CHF 66,524
December 2015: CHF 67,473
January 2016: CHF 78,098
February 2016: CHF 81,995
March 2016: CHF 78,422

Down more than 3k... no new investments, weak USD and markets mostly sideways.


celticmyst08

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Re: Race from 10 to 100k!!
« Reply #768 on: April 01, 2016, 10:19:38 AM »
12/2014:   20,639.31
01/2015:   22,508.74
02/2015:   30,778.55
03/2015:   34,001.91
04/2015:   36,607.49
05/2015:   38,382.26
06/2015:   42,838.00
07/2015:   48,495.61
08/2015:   46,205.22
09/2015:   49,753.59
10/2015:   54,243.55
11/2015:   59,392.35
12/2015:   63,067.27
01/2016:   60,170.84
02/2016:   64,960.54
03/2016:   73,705.82   +13.43%

Woohoo! We are still looking on track to hit $100k in November or so. Considering we totally overshot our goal of hitting $50k in 2015, I'm hoping we will smash this one too.
« Last Edit: April 01, 2016, 10:47:25 AM by celticmyst08 »

katthjul

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Re: Race from 10 to 100k!!
« Reply #769 on: April 01, 2016, 11:25:01 AM »
EOY 2015: €16,728
Jan 2016: €15,895
Feb 2016: €17,250
Mar 2016: €19,597

Saved a bit more than I usually manage.

Woodro85

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Re: Race from 10 to 100k!!
« Reply #770 on: April 01, 2016, 11:40:02 AM »
Damn, all of you are really impressive!
Real good looking progress CanyonMan, you are MILES ahead of nearly every other 25 year old out there, killin' it!

My update is as follows:

1/1/2016   $70,395.59
2/1/2016   $74,587.69
3/1/2016   $77,683.18
4/1/2016   $81,670.69

Most of this NW is in equity/Pension/retirement accounts so I'm just focusing on getting a larger Emergency Fund for the next few months as I've always gone a little light on cash in the bank.

tarheeldan

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Re: Race from 10 too 100k!!
« Reply #771 on: April 02, 2016, 03:37:09 PM »
Mar 20th  2016: $107,112

Steaming along to the next goalpost.
Good luck everyone on your journeys and see you soon on the other thread.

Congratulations!! See you there :-)

1st post! My stretch goal is 125K by the end of the year if I get lucky with the market. I will be about 23.5 years old (sidenote: I can't believe I'm turning 23). More realistically I will probably hit 105k-110k barring any illnesses/family issues/injuries etc.

Welcome!


02/29/16   46,830.84
03/31/16   58,923.60

Past the half-way mark!

I made it! Closed in March comfortably over $100,000!
4/1: $100,869.59

On to $250k!

Keep on keeping on, everyone!

Congratulations! :-)

2/29/2016: $105,360
3/31/2016: $101,978
Logged quarterly market movement. Does not include $11k deposit on new house or rental house real estate value. Going to have to figure out new plan for tracking net worth or I'm about to take a really big hit on paper :) Looks like I'm still officially a graduate even after paying for inspections and deposit!

Congrats!


As for myself, *so close*! $99,781.52 :-)
« Last Edit: April 02, 2016, 03:43:49 PM by tarheeldan »

SpareChange

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Re: Race from 10 too 100k!!
« Reply #772 on: April 03, 2016, 06:38:48 AM »
As for myself, *so close*! $99,781.52 :-)

Give those sofa cushions another shake!

Nederstash

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Re: Race from 10 to 100k!!
« Reply #773 on: April 04, 2016, 09:35:24 AM »
Aug 15: 5327 (found MMM)
Sep 15: 5776
Oct 15: 6965
Nov 15: 8551
Dec 15: 12085
Jan 16: 12700
Feb 16: 13961
Mar 16: 14854
Apr 16: 16220

Slow and steady makes me incredibly impatient!

carozy

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Re: Race from 10 to 100k!!
« Reply #774 on: April 05, 2016, 11:55:20 AM »
I like the run-down, makes it easier to see my progress.  I'll start updating this every month.

May 14 - $6,590
Jun 14 - $6,590
Jul 14 - $7,267
Aug 14 - $8,902
Sep 14 - $10,162
Oct 14 - $11,419
Nov 14 - $12,826
Dec 14 - $14,319

Jan 15 - $5,657
Feb 15 - $8,830
Mar 15 - $19.745
Apr 15 - $21,361
May 15 - $22,183
Jun 15 - $23,114
Jul 15 - $23,835
Aug 15 - $24,567
Sep 15 - $17,037
Oct 15 - $19,906.58
Nov 15 - $22,432.54
Dec 15 - $24,483.03

Jan 16 - $25,329.42
Feb 16 - $27,698.48
Mar 16 - $30,131.47

charis

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Re: Race from 10 to 100k!!
« Reply #775 on: April 07, 2016, 07:56:37 AM »
October 1, 2015: ~$40K
February 2016: ~$65K

April 2016 (so far): $71K

coolistdude

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Re: Race from 10 to 100k!!
« Reply #776 on: April 07, 2016, 09:12:23 AM »
Count me in! I simply must grow out this peach fuzz!

As of March:

No debts!
$13k EF
$1.5k house down
$10k retirement

$24.5k savings. EF is complete. Of savings, 2/3 goes to retirement and 1/3 goes to house down. Or about $1050/retirement and $500 house a month. So, my journey may take awhile. Hoping to get a raise or two, but my savings % is currently only 36%.

CanyonMan

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Re: Race from 10 to 100k!!
« Reply #777 on: April 08, 2016, 11:51:23 AM »
Damn, all of you are really impressive!
Real good looking progress CanyonMan, you are MILES ahead of nearly every other 25 year old out there, killin' it!

My update is as follows:

1/1/2016   $70,395.59
2/1/2016   $74,587.69
3/1/2016   $77,683.18
4/1/2016   $81,670.69

Most of this NW is in equity/Pension/retirement accounts so I'm just focusing on getting a larger Emergency Fund for the next few months as I've always gone a little light on cash in the bank.

Thanks. I was fortunate enough to have a combination a desire to work, and the luck to be in the right place at the right time to get a stable job to carry me through college. I started working half time during my first semester of college, and full time during the first summer and never stopped. Hopefully it will pay off in a decade and I can sit back and enjoy FIRE while the people I envied back then look at retirement dates 30-40 years in the future.

You're looking pretty good yourself Woodro.

druth

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Re: Race from 10 to 100k!!
« Reply #778 on: April 15, 2016, 09:06:43 AM »
September 15 is one year from when I started working out of college, and it took me that long to buy a house and get my net worth high enough to make up for my student loans, so for the year before that it's all over the place, and for everything before that it's just paycheck to paycheck/tuition payment to tuition payment so nothing notable.  Looking at this it's going faster than I realized it was.  Average is about 4k a month to savings, but it will slow down since I don't get any side income or bonuses during the summer.  Should end up saving about 35k this year.  I'm sort of thinking about if there is anything I could do for extra money in the weekend/evenings during summer, which would help to up it.  Might just focus on doing some writing and hope that pays off eventually, and work on spending less, of course..

Sep-15   $6,657.20
Oct-15   $10,846.07
Nov-15   $13,419.84
Dec-15   $19,983.09
Jan-16   $23,828.58
Feb-16   $27,482.23
Mar-16   $33,831.34
Apr-16   $38,873.65
« Last Edit: April 30, 2016, 01:20:54 PM by druth »

AcftW

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Re: Race from 10 too 100k!!
« Reply #779 on: April 15, 2016, 10:57:06 AM »
$40,061 - Dec 2015
$43,153 - Jan 2016
$47,634 - Feb 2016
$50,404 - Mar 2016
$53,733 - Apr 2016

Had some issues with my pay, and some unexpected expenses.  Still managed to save though, which can only mean I'm on the right track.


MVal

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Re: Race from 10 to 100k!!
« Reply #780 on: April 15, 2016, 11:04:06 AM »
1st post! My stretch goal is 125K by the end of the year if I get lucky with the market. I will be about 23.5 years old (sidenote: I can't believe I'm turning 23). More realistically I will probably hit 105k-110k barring any illnesses/family issues/injuries etc.

Me: Single male, 22 years old, NYC
Started at -12k in student debt when i graduated in 2015. During college, I paid down ~8k from earnings in college/internships.

Current stats:
Cash on hand: 20k. 15k is in the savings account to maintain the credit card. I have an additional 5k for instant liquidity (rent, paying the monthly credit card balance) without disrupting my long-term investment positions and getting slapped the 35% capital gains tax.
ETF: 10k
Cash for Investments (dry powder): 37k
401k: 5.5k - the match doesn't activate until I've stayed with the firm for 2-3 years so I'm ignoring the additional +5.5k match.
Traditional IRA: 5.5k as soon as I cash in the tax refund. It's sitting at home with my parents.

Total: 78K
Year-End Goal: 125K
62% there!

Good Lord, I wish I'd been in your position when I was your age! Wait until you can't believe you're turning 33... I'll be 34 this year and I'm on track to hit $80K NW by the end of the year.

tomita

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Re: Race from 10 to 100k!!
« Reply #781 on: April 17, 2016, 06:44:21 PM »
16 Mar 2016     $64300 - $13200 = $51300
17 Apr 2016     $103500 -$45600 = $57900

ardrum

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Re: Race from 10 to 100k!!
« Reply #782 on: April 21, 2016, 10:12:48 AM »
Nice thread!

1/1/16 - ~$2000
2/1/16 - $4793
3/1/16 - $10108
4/1/16 - $14574

MVal

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Re: Race from 10 to 100k!!
« Reply #783 on: April 21, 2016, 03:57:35 PM »
I'm going to try to track my NW monthly this year to chart my progress. Starting 2016, I had a NW of $50,000. I'm hoping to grow it to over $75K.
Once I get to $100K, I think I will give myself permission to move into my own apartment, as I've spent the last 8 years living with the same roommate--saving a ton of money, but not getting as much privacy as I'd like.

Jan 2016 - $50,000
April 2016 -$57,000
May 2016 - $60,000
June 2016 - $63,000
July 2016 - $69,000 (profit sharing, plus market doing better - so glad I front loaded this year!)
Aug 2016 - $72,000
Sept 2016 - $74,000 (markets down, same deposits though)
Oct 2016 - $74,000 (uggghhh...)
Nov 2016 - $78,000 :D
Dec 2016 - $84,000 (Wooooo! Dale tu cuerpo a alregria, Macarena...!)

« Last Edit: January 03, 2017, 07:38:11 AM by MVal »

dogboyslim

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Re: Race from 10 to 100k!!
« Reply #784 on: April 21, 2016, 08:27:43 PM »
As of 3/8: $20,818
As of 3/29: $23,784

4/21: $26,650

burrowsrw

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Re: Race from 10 to 100k!!
« Reply #785 on: April 25, 2016, 08:11:57 PM »
Add me if you are still accepting newcomers

Oct $52,000
Apr $62,000

notarealdoctor

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Re: Race from 10 to 100k!!
« Reply #786 on: April 25, 2016, 08:34:07 PM »
I've gotta get in on this.

April 2016: $22,500

Goal for 2016 is to break $40k, ideally $50k

Grog

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Re: Race from 10 too 100k!!
« Reply #787 on: April 26, 2016, 12:54:39 AM »
Me too I'm racing towards 100k, but I didn't initially posted since I was already at more than 10k when I started reading MMM (January 2014). Anyway I've decided to put down my progression to both keep track and analyze what I did.
I am in full mustachian mode since august 2014 (biking everywhere, homemade lunch, no shopping for materialistic shit, and so on).

My total assets in middle september 2012, when I finished my master (I'm now 29, working and living in Switzerland) and started working as a researcher at my university, was 11k chf:
1k swiss franc in a cash account
10k gold bullion inherited by my grandfather, never known him, it's actually the only thing I have left of him.

After ~28 months I've now a total of 66k swiss francs (switch job in between, started working in industry for a small bump in pay):
16k company pension plan
15k retirement account
10k bullion (I struggle to sell it, there is my fucking name engraved in it! from my grandpa!)
25k taxable account investment

I'm very happy for the moment (+55k in 28 months, ~2k/month in switzerland is very difficult), but is amazing to see that my total at the end of 2014 was 35k, and I did manage to save 31k only in the last 12 months.....

By end of 2015 I should reach 100k, also +89k in 40 months. It's amazing only to think about it :)

So I didn't post my progression for like 1.5 years :D cool to be looking back of what I thought was possible. Back then (january 2015) I already knew I was going to be a father, but woah what a change. I love my little baby daughter, but with my wife going back to 50 % part time job I had to provide more to our joint account.
Right now I'm at 91k, so I'm really near and I think I'll be there in September :) 9 months later then expected, but so many changes and my new job in august will provide another huge bump in pay that will speed things along nicely.

so middle september 2012 (11k) to end september 2016. 4 years (switzerland, avg salary after taxes 60k). And this without counting the emergency fund of ~8k which will put me theoretically at 99k :DDD

lamil

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Re: Race from 10 to 100k!!
« Reply #788 on: April 26, 2016, 08:48:04 AM »
27, late start in tracking finances.

March 2016: 8152.00
April 2016: 10915.00
Today(April 26th): 19516.00
« Last Edit: May 02, 2016, 09:06:56 AM by lamil »

senorpanqueque

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Re: Race from 10 to 100k!!
« Reply #789 on: April 29, 2016, 07:30:28 AM »
Been meaning to add my numbers, but still have to figure out a couple numbers.

Namely, what value should I give to a pension (teacher's pension)? I'm sure there is a how to around here somewhere, just haven't come across it.


Pooperman

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Re: Race from 10 to 100k!!
« Reply #790 on: April 29, 2016, 07:38:26 AM »
Been meaning to add my numbers, but still have to figure out a couple numbers.

Namely, what value should I give to a pension (teacher's pension)? I'm sure there is a how to around here somewhere, just haven't come across it.

NPV?

senorpanqueque

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Re: Race from 10 to 100k!!
« Reply #791 on: April 29, 2016, 07:53:20 AM »
Would that be the same as "if you were to "sell" it today, it would be worth this much" value?

Pooperman

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Re: Race from 10 to 100k!!
« Reply #792 on: April 29, 2016, 07:54:57 AM »
Would that be the same as "if you were to "sell" it today, it would be worth this much" value?

It's Net Present Value. Taking the future monthly income and turning it into a lump sum now by undoing inflation and market gains over that time period.

merlin7676

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Re: Race from 10 to 100k!!
« Reply #793 on: April 29, 2016, 08:45:24 AM »
First off I just want to say great job to all of us guys and girls that are working very hard on this goal.  I know I'm very proud of me and I'm proud of you all too. Love seeing all the numbers go up no matter how little or how much it does.
I'm 62% of the way there and looking forward to graduating to the next level.

06/30/15   $43,137.96
07/31/15   $44,941.13
08/31/15   $42,043.10
09/30/15   $38,770.91
10/31/15   $44,941.34
11/30/15   $46,401.01
12/31/15   $47,513.96
01/31/16   $44,058.68
02/29/16   $46,830.84
03/31/16   $58,923.60
04/30/16   $62,829.27



athiker10

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Re: Race from 10 to 100k!!
« Reply #794 on: April 29, 2016, 06:27:36 PM »
I discovered MMM only a few weeks ago and it's like my world has opened up. I know I don't make a lot-I live comfortably but I can't imagine saving at the rates I'm seeing some of you save monthly.

Starting with April NW:  $38,442.00 This is going to plummet in september as I start an 18 month grad program that I'm paying for out of pocket + any grants/scholarships/tuition reimbursement I can get my hands on.

katthjul

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Re: Race from 10 to 100k!!
« Reply #795 on: April 30, 2016, 06:55:22 AM »
EOY 2015: €16,728
Jan 2016: €15,895
Feb 2016: €17,250
Mar 2016: €19,597
Apr 2016: €20,332

Did not save as much as I wanted, but it is going in the right direction. Less happy about having to change the ETFs I use in my portfolio.

Rodgers12

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Re: Race from 10 to 100k!!
« Reply #796 on: April 30, 2016, 07:24:04 AM »
7/31/2015: $36,978
8/31/2015: $34,949
9/30/2015: $35,722
10/31/2015: $37,797
11/30/2015: $39,424
12/31/2015: $42,763
01/31/2016: $44,656
02/29/2016: $47,521
03/31/2016: $51,770
04/30/2016: $55,260

$40Kby40

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Re: Race from 10 to 100k!!
« Reply #797 on: April 30, 2016, 07:25:08 AM »
30 Oct - $30,648
30 Nov - $32,564
30 Dec - $37,354
30 Jan - $38,789
29 Feb - $42,435
30 Mar - ?
30 Apr - $52,411

Guess I forgot to post for Mar. From now on, I'm going to breakdown savings vs debt in my update.

Apr:
$70,285 savings
$17,874 debt

celticmyst08

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Re: Race from 10 to 100k!!
« Reply #798 on: April 30, 2016, 10:06:17 AM »
12/2014:   20,639.31
01/2015:   22,508.74
02/2015:   30,778.55
03/2015:   34,001.91
04/2015:   36,607.49
05/2015:   38,382.26
06/2015:   42,838.00
07/2015:   48,495.61
08/2015:   46,205.22
09/2015:   49,753.59
10/2015:   54,243.55
11/2015:   59,392.35
12/2015:   63,067.27
01/2016:   60,170.84
02/2016:   64,960.54
03/2016:   73,705.82
04/2016:   81,933.67 +11.16%

I can see the finish line... if only I didn't have ~$9k of tuition to be paid this year. We'd hit $100k in September probably. At this point I estimate we'll hit it in November.

SGontour

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Re: Race from 10 to 100k!!
« Reply #799 on: April 30, 2016, 10:33:28 AM »
January 2015: CHF 49,805
...
November 2015: CHF 66,524
December 2015: CHF 67,473
January 2016: CHF 78,098
February 2016: CHF 81,995
March 2016: CHF 78,422
April 2016: CHF 84,996

I should get to 100k invested also around November.
In summer, I will renew around half of my mortgage (200k out of 480k).
-> Old interest rate: 1.75% and the new interest will be around a tenth of that. Thus, around 0.18%... will boost my savings a bit :)


 

Wow, a phone plan for fifteen bucks!