Post by: isaacfcb1 on June 09, 2014, 10:50:28 PM
https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?usp=sharing
Post by: Tieke on June 10, 2014, 03:41:13 AM
I'm well under the 10K mark currently. If you count my Kiwisaver fund (NZ's equivalent to a 401K) as well as the last of my student debt, I'm worth about a whole $2000. So I'm starting behind and I presume we're dealing in different currencies etc, but nothing like a race to get a bit fired up about making progress!
Post by: dusty on June 13, 2014, 06:56:59 PM
not counting my Super which is at 130k.
I currently have a $12,711 share portfolio, focusing on dividend yields.
I add to it each month and will provide updates to see who reaches 100k first :)
Best of luck to you. happy to share the road to FIRE
Post by: Thegoblinchief on June 13, 2014, 07:14:44 PM
Post by: isaacfcb1 on June 14, 2014, 12:02:45 PM
Post by: Suit on June 14, 2014, 01:16:53 PM
Post by: Runge on June 14, 2014, 02:59:18 PM
Post by: isaacfcb1 on June 14, 2014, 06:24:25 PM
Post by: Middlesbrough on June 15, 2014, 12:24:13 AM
Post by: dusty on June 15, 2014, 03:38:23 AM
I'm 19 years old in the American military and current net worth is about $8,000 ha I try to save about 80% of every paycheck and throw it all into my Vanguard index fund!!!
Hey Isaac I have been in the Australian military since i was 19 (i am now 33) but it was only last year that I got on board with ERE. So I will now retire in 10 years time at 43. If only I had started at your age I would be retired by now.
I did what most other thoughtless kids do in the military found myself at a young age with a salary so went and bought the car, easy finance lead to more stupid borrowing until I was ready for a face punch. paid all that abck now and am investing regularly thankfully.
Anyway, I hope this encourages you to keep at it mate- see you in retirement :P
Post by: Stachesquatch on June 15, 2014, 12:12:18 PM
Is there a way to handicap this? Some folks have a substantial head start or deficit, most races start from a starting line.
At any rate, it is a race that everyone wins because even if someone else hits their mark (good for them!) before you, you will still have made progress that you can build on. Love it and keep up the efforts!
Post by: Suit on June 15, 2014, 12:33:01 PM
Post by: fidgiegirl on June 15, 2014, 12:52:36 PM
Post by: isaacfcb1 on June 15, 2014, 05:50:16 PM
I'm 19 years old in the American military and current net worth is about $8,000 ha I try to save about 80% of every paycheck and throw it all into my Vanguard index fund!!!
Hey Isaac I have been in the Australian military since i was 19 (i am now 33) but it was only last year that I got on board with ERE. So I will now retire in 10 years time at 43. If only I had started at your age I would be retired by now.
I did what most other thoughtless kids do in the military found myself at a young age with a salary so went and bought the car, easy finance lead to more stupid borrowing until I was ready for a face punch. paid all that back now and am investing regularly thankfully.
And yes net worth!
Anyway, I hope this encourages you to keep at it mate- see you in retirement :P
It definitely does add a level of encouragement Dusty! I appreciate that, and yes no where else do i see such horrible spending habits and divulging into unnecessary costs then those of my brothers in arms! foolish but can't blame most of them they've never been shown any other way of life! i plan on being in for 4 more years then getting out and transitioning to the civilian sector, haha maybe we can retire at the same time! Anyways good luck on your path and thanks for the motivation!
As far as a handicap for the race if anyone has any input on how we can do that it would be greatly appreciated! I created this race geared more from those starting from the near bottom, in order to add motivation and a tracker since it's widely known that the first 100k is generally the hardest since the power of compounding hasn't had that much time to snowball :)
Post by: SpareChange on June 24, 2014, 11:31:00 AM
Post by: Mazzinator on June 25, 2014, 01:03:36 AM
Savings $75k
Student loans -$71k
Net worth $4k
I already have a journal, if you really want to see just how crazy i am ;) otherwise...good luck!!!
Post by: Frugal Father on June 25, 2014, 11:57:37 AM
Post by: Stachesquatch on June 25, 2014, 03:11:47 PM
This is one of my favorite threads on here, the kind of discourse I found on this site that opened my eyes to the rewards of changing ones financial relationship for the better.
You can only 'win' this race no matter where you place... Just being in it is a win- It is great having others go along with you. I'm early in the race on to the next level (add another zero) and in hindsight would have gotten to the $100,000 mark YEARS earlier if I had peers at the time who were also trying to increase their savings. I don't think I would have had the perspective to try to go after a million if it wasn't for discovering this site.
This is one of the few places that I can fully support crowd mentality, where that crowd is striving for financial freedom.
Post by: viverl on June 26, 2014, 05:22:00 AM
I am currently at ~ 10.000 on daily benefit (?) account
plus 5.000 belonging to my sister and me together just stored in my other account.
I have around 8.000-10.000 student debt I am only allowed to pay back in 3 years.
I just opened my first depot account and I am waiting for the final documents to arrive so that I can start with indices etc.
Post by: Bart1ma3u5 on June 30, 2014, 09:19:47 AM
Post by: Frugal Father on June 30, 2014, 09:40:28 AM
Finally joined the site to commit to joining this race! Started my first job about a year ago and currently have about $14,000 between TSP, Roth IRA, Emergency fund. Minus the $19,000 I'm a car clown fresh out of college Car loan... (face meet fist)At least you already know it's an emergency. ;)
Post by: Runge on June 30, 2014, 08:48:04 PM
2014 Q2: $12,601.45
Here's to hoping this number increases quickly, although I'm currently just contributing a measly $550/mo. We're likely getting raises soon (score!), so I plan on upping my simple ira contribution to $500/mo which will get me to roughly $825/mo.
Looking forward to everyone else's progress! Keep 'em coming and let those Washingtons get to work for you!
Post by: Middlesbrough on June 30, 2014, 09:11:46 PM
$12,809.82
First off, huge jump in the number from just a couple weeks ago. I landed the jackpot of free money by way of employer match on 401(k) contributions for 2013!
Hope to see some more updates from everyone!
Post by: SpareChange on June 30, 2014, 11:27:15 PM
$11,962.93
Looong ways to go!
Post by: Lord Cashmoney on July 01, 2014, 12:20:35 AM
Lord Cashmoney joins this friendly race!
Official End of June Number:
$-23,237.77
Since I'm just jumping in here, I should give a little current standings on the current Cashmoney holdings...
(Liabilities)
Student Loan Debts: $-34,623.03
Credit Cards: $-11,335.51
(Assets)
Cash: $7,791.68
Investments: $11,929.09
Let's see how quickly that debt melts away and assets start piling up! :)
Post by: Tieke on July 01, 2014, 03:28:21 AM
My initial figure was off, but my updated figure for the end of June is $4046. The breakdown for this is:
Debt:
$-11095 (student loan)
Assets:
$15141 kiwisaver
$0 cash reserves
My cash situation is dire so my hair is definitely on fire right now... But on the bright side, this blog has finally badgered me into buying a bike, so I feel richer every time I pedal out of my driveway!
Post by: TJ79 on July 01, 2014, 09:58:22 AM
Assets: 114,788
Liabilities: -108,277
Total: 6,511
Post by: Frugal Father on July 01, 2014, 10:52:49 AM
Official End of June Number:Same here! My employer match is only a paltry 1.5%, but I'll definitely take the free money. :P
$12,809.82
First off, huge jump in the number from just a couple weeks ago. I landed the jackpot of free money by way of employer match on 401(k) contributions for 2013!
Hope to see some more updates from everyone!
Post by: Middlesbrough on July 01, 2014, 05:30:58 PM
They force me to be mustachian because to get it all I have to contribute 15% of my pay to get all of the employer match.Official End of June Number:Same here! My employer match is only a paltry 1.5%, but I'll definitely take the free money. :P
$12,809.82
First off, huge jump in the number from just a couple weeks ago. I landed the jackpot of free money by way of employer match on 401(k) contributions for 2013!
Hope to see some more updates from everyone!
Post by: Suit on July 01, 2014, 06:55:06 PM
Post by: Frugal Father on July 02, 2014, 12:15:48 PM
Mine only requires 6% to get it, but I'm thinking of upping the contribution some this year with my raise. Either that, or it'll go towards an IRA.They force me to be mustachian because to get it all I have to contribute 15% of my pay to get all of the employer match.Official End of June Number:Same here! My employer match is only a paltry 1.5%, but I'll definitely take the free money. :P
$12,809.82
First off, huge jump in the number from just a couple weeks ago. I landed the jackpot of free money by way of employer match on 401(k) contributions for 2013!
Hope to see some more updates from everyone!
Post by: mjb90 on July 07, 2014, 03:23:44 PM
Here's some progress from the last year
End of June 2013:
Student Loans -$12,800
Savings $2,350
Net Worth -$10,450
End of June 2014:
Student Loans -$1,700
Savings $7,900
Retirement Accts $17,900
Net Worth $24,100
My goal is to cross 100k in 2 more years
Post by: Runge on July 07, 2014, 03:29:42 PM
Finally created an account to jump in on this.
Here's some progress from the last year
End of June 2013:
Student Loans -$12,800
Savings $2,350
Net Worth -$10,450
End of June 2014:
Student Loans -$1,700
Savings $7,900
Retirement Accts $17,900
Net Worth $24,100
My goal is to cross 100k in 2 more years
Nice! That's some serious progress!
Post by: frogger on July 07, 2014, 03:58:58 PM
I'm going to predict -$1000 around November 2014. And let's go with -$100, $0, and $100 in December, $1000 in February, and $10,000 in May 2015.
Post by: seanc0x0 on July 08, 2014, 03:11:02 PM
Post by: SpareChange on July 09, 2014, 12:14:08 AM
Finally created an account to jump in on this.
Here's some progress from the last year
End of June 2013:
Student Loans -$12,800
Savings $2,350
Net Worth -$10,450
End of June 2014:
Student Loans -$1,700
Savings $7,900
Retirement Accts $17,900
Net Worth $24,100
My goal is to cross 100k in 2 more years
Great job!! Awesome feeling watching those student loans tick down, isn't it? Congrats.
Post by: Imustacheyouaquestion on July 09, 2014, 12:57:21 PM
I really like this challenge because it's about celebrating success stories while they're still in the making. Here we go!
Post by: Frugal Father on July 09, 2014, 04:19:44 PM
Woohoo, this thread is more my speed! My current net worth is -$8250, so I'll celebrate every order of magnitude from here to 100K.So I guess you won't be reporting back between 10k and 100k then? ;)
I'm going to predict -$1000 around November 2014. And let's go with -$100, $0, and $100 in December, $1000 in February, and $10,000 in May 2015.
Post by: ohyonghao on July 10, 2014, 04:17:15 PM
Current NW is $48,621.62. This is broken down thus:
House: $26,976.33 (updated monthly, not sure how to do added equity)
Stocks: $16,277.04 (updated monthly)
Cash: $ 5,368.25 (includes current months spending money)
So far I have added ~$12k this year and hope to add another $12k by years end, getting me up to $60k. At this rate I'm looking at about 2 more years to break $100k, milestone I very much look forward to.
Post by: frogger on July 10, 2014, 08:32:27 PM
Haha, I suppose. I figure I'll do a big celebration at 10K, and then keep updating monthly or so. But it will take years to get to 100K, so lots of reporting back in the mean time. :PWoohoo, this thread is more my speed! My current net worth is -$8250, so I'll celebrate every order of magnitude from here to 100K.So I guess you won't be reporting back between 10k and 100k then? ;)
I'm going to predict -$1000 around November 2014. And let's go with -$100, $0, and $100 in December, $1000 in February, and $10,000 in May 2015.
Post by: Mazzinator on July 11, 2014, 02:07:02 AM
Savings $75k
Student loans -$71k
Net worth $4k
Savings $79k
Student loans -$69k
Net worth $10k
Post by: ohyonghao on July 11, 2014, 02:33:42 PM
Way to go Mazzinator, increasing networth by $6,000 in just over two weeks! I'm happy with my slow, slow pace of $2,000 a month. Keep it up and you'll catch up to me in no time at all.Savings $75k
Student loans -$71k
Net worth $4k
Savings $79k
Student loans -$69k
Net worth $10k
Post by: Mazzinator on July 12, 2014, 01:47:42 AM
Way to go Mazzinator, increasing networth by $6,000 in just over two weeks! I'm happy with my slow, slow pace of $2,000 a month. Keep it up and you'll catch up to me in no time at all.Savings $75k
Student loans -$71k
Net worth $4k
Savings $79k
Student loans -$69k
Net worth $10k
Thanks!! It's for the entire month. I only calculate this once a month (for sanity) so it's for a whole month, not just two weeks!! Shit, i was i could increase $6k every two weeks ;)
But thanks!!! I need all the positive vibes i can get!!
And $2k a month is nothing to sneeze at!! Great work!
Post by: Frugal Father on July 14, 2014, 12:46:44 PM
I was gonna say... $6k * 26 biweekly periods would have been $156k in a year. Still, though, that rate gets you $72k in a year. Very impressive. Was there anything specific that contributed this month, or is that your typical monthly saving?Way to go Mazzinator, increasing networth by $6,000 in just over two weeks! I'm happy with my slow, slow pace of $2,000 a month. Keep it up and you'll catch up to me in no time at all.Savings $75k
Student loans -$71k
Net worth $4k
Savings $79k
Student loans -$69k
Net worth $10k
Thanks!! It's for the entire month. I only calculate this once a month (for sanity) so it's for a whole month, not just two weeks!! Shit, i was i could increase $6k every two weeks ;)
But thanks!!! I need all the positive vibes i can get!!
And $2k a month is nothing to sneeze at!! Great work!
Post by: Mazzinator on July 15, 2014, 02:53:46 PM
I was gonna say... $6k * 26 biweekly periods would have been $156k in a year. Still, though, that rate gets you $72k in a year. Very impressive. Was there anything specific that contributed this month, or is that your typical monthly saving?Way to go Mazzinator, increasing networth by $6,000 in just over two weeks! I'm happy with my slow, slow pace of $2,000 a month. Keep it up and you'll catch up to me in no time at all.Savings $75k
Student loans -$71k
Net worth $4k
Savings $79k
Student loans -$69k
Net worth $10k
Thanks!! It's for the entire month. I only calculate this once a month (for sanity) so it's for a whole month, not just two weeks!! Shit, i was i could increase $6k every two weeks ;)
But thanks!!! I need all the positive vibes i can get!!
And $2k a month is nothing to sneeze at!! Great work!
Typical month is ~$5k, depends on our spending/visitors. Seriously, we live in Hawaii and have endless guests. I calculate NW after the first few days of the month. Here's my numbers. It seems like there was also a nice big market gain...or i did some bad math ;)
June
-$71,621 debt
$76,051 savings
$4,430 NW
$11,414 income
-$1,600 tsp (savings same as 401k, no match)
-$400 SL (auto SL payment)
-$2,700 SL ("extra" SL payment)
-$4,700 (total)
41% "savings rate"
July
-$68,803 debt
$79,349 savings
$10,546 NW
At this rate $100k NW should happens in ~18 months...however, we are mving back to VA next summer, we have a trip to Aussie next summer before we move and i plan on buying a used car next summer too. So lots of expenses planned.
Good luck everyone!!!
Post by: carozy on July 15, 2014, 04:06:42 PM
Right now my net worth is $6590.
I don't know how long it'll take me to get to $100,000, but I'll do my best. :)
Post by: peppermint on July 15, 2014, 05:28:15 PM
Post by: HairyUpperLip on July 16, 2014, 10:35:30 AM
NW End Of June = $27,482.44
I think it will drop for End of July due to some expenses that came up. :(
Best of luck to everyone!
Post by: samburger on July 19, 2014, 03:54:46 PM
It took us 10 months to get here from $0, but things are slowing down as we start paying my wife's tuition in full. I don't expect to hit $100k for another three years, but who knows?
Post by: tyler1215 on July 20, 2014, 10:31:34 PM
NW from Personal Capital: $3,026
Employer 401(k): $4,949
Total NW for July: $7,975
Post by: lpep on July 21, 2014, 12:55:07 AM
https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?usp=sharing
I'm a nerd, and I love making spreadsheets. Please update your own info! For people who have already commented, I added you already. Please feel free to change your own info. Percentages will automatically count themselves. There's a few lines for people who want to add themselves.
Isaac, maybe add this link in the top post? :)
Post by: tyler1215 on July 21, 2014, 07:51:21 PM
I'm in, AND I made a SPREADSHEET!!!
Ipep,
Nice spreadsheet!
Might I suggest that the total percent change be calculate by the change from last Monty's total instead of a sum of everyone's percent change. Just a suggestion. Still, job well done and thanks!
Post by: lpep on July 22, 2014, 12:33:54 AM
I'm in, AND I made a SPREADSHEET!!!
Ipep,
Nice spreadsheet!
Might I suggest that the total percent change be calculate by the change from last Monty's total instead of a sum of everyone's percent change. Just a suggestion. Still, job well done and thanks!
Thanks!!
Aaand I was trying to figure out what to put there! I agree, it wasn't very useful before. Now it's the change in the monthly total, and the average underneath remains the average!
Post by: isaacfcb1 on July 22, 2014, 09:30:06 PM
Post by: Middlesbrough on July 22, 2014, 09:38:42 PM
Haha thanks for the link! Let's see everyone's snowballs roll!Don't tell me what to do with my snowball!
Post by: ohyonghao on July 25, 2014, 11:52:55 AM
Post by: Runge on July 25, 2014, 01:36:01 PM
I'm getting excited for the end of the month, when I get to recalculate my net worth. Been watching my index funds go insane each month this year, in line to make 20%. Everything else is going fine, with my new diet our food budget has been lasting, and if we continue this pace we'll be spending less than $200 a month for 2 people. Just another week then I can post my changes.
Same here! I'm looking forward to calculating my update, as well as seeing everyone else's progress! Although It's looking like my number will be lower than last month, due to a specific electric car company stock prices falling... :P
Post by: CabinetGuy on July 25, 2014, 04:30:26 PM
5k in savings
5500 in IRA
1000 in SEP IRA
-10k credit card debt (0%, will pay off by October)
11k (work truck). Can't call it a clown car, I'm a carpenter and need it. Money maker.
Roughly 12500k net worth...
As of now:
16,000k in savings
-8500 credit car debt.
5500 IRA
1000 Sep IRA
11k (work truck)
Roughly 25k NW.
Putting 1500 away per month and not breaking a sweat. Time to up it...
Really like this thread!
Jon
Post by: SpareChange on July 25, 2014, 11:12:51 PM
I'm in, AND I made a SPREADSHEET!!!
https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?usp=sharing
Welcome! And thanks...that's a great idea!
Post by: isaacfcb1 on July 26, 2014, 07:22:05 PM
*Ipep any advice on how to edit our data?
Post by: lpep on July 26, 2014, 11:35:26 PM
Post by: Suit on July 27, 2014, 12:09:47 PM
Post by: Suit on July 27, 2014, 12:45:49 PM
Post by: frogger on July 27, 2014, 08:02:26 PM
I will be worth nothing, and it will feel wonderful!!!Indeed, I am very excited to be worth nothing, hopefully around the new year, give or take, depending on where my new job places me on the salary scale for fall (I just finished all my paperwork, so now waiting to hear).
In the mean time I'm going to be a little farther from $0 in the bad direction going into August, though not as far as I'd originally thought, thanks to some extra income this month. Y'all don't hate when I drag the collective % change down a little the next couple of months. I'll make up for it after that!
Post by: SpareChange on July 27, 2014, 08:44:53 PM
Post by: lpep on July 27, 2014, 09:47:50 PM
You can just drag the calculation down like in excel, I did it for you. Impressive rate!
Thanks!
It messes up the average % calculation to have empty cells, so yeah - copy/paste is the way to go (If anyone knows how to change this... I'm not a master of spreadsheets, so let me know or feel free to change it!).
I'll keep an eye on things once the 31st hits, but I'm in Asia so might be sleeping while most of the action is happening :)
Post by: Runge on July 27, 2014, 10:14:56 PM
You can just drag the calculation down like in excel, I did it for you. Impressive rate!
Tada. It's been updated. Now it will automagically populate the % change cell with a "" if there is no number in the adjacent cell to the left. Also, once you enter in a number, the % will appear correctly.
Thanks!
It messes up the average % calculation to have empty cells, so yeah - copy/paste is the way to go (If anyone knows how to change this... I'm not a master of spreadsheets, so let me know or feel free to change it!).
I'll keep an eye on things once the 31st hits, but I'm in Asia so might be sleeping while most of the action is happening :)
Tada. It's been updated. No more need to copy and paste for new people.
Post by: lpep on July 27, 2014, 10:17:58 PM
I'm thinking of adding a "ranks" column, so as the months go by we can have "previous rank" and "current rank" and see how the standings change... opinions?
Post by: peppermint on July 28, 2014, 08:39:26 PM
My % savings rate has not been that high. A lot of what I do have was wisely socked away while working before grad school, awhile ago. But we'll see :)
Post by: tarheeldan on July 29, 2014, 12:17:48 PM
Assets: 53,480.25
Liabilities: 21,438.33
Net Worth: 32,041.92
Post by: ohyonghao on July 29, 2014, 02:24:10 PM
AWESOME!!!!I was thinking when you first said "ranks" that it would be on the size of our stash. It would be interesting perhaps to suggest a few names on our way towards our first $100,000.
I'm thinking of adding a "ranks" column, so as the months go by we can have "previous rank" and "current rank" and see how the standings change... opinions?
<$0 New pack of razors
$0 Putting down the razor
$1-$10,000 Peach Fuzz
$10,000-$25,000 5 o'clock shadow
$25,000-$50,000 Second day no shave
$50,000-$99,999 Pencil stash
$100,000+ Handle Bars
Or something like that. I'm sure someone else could come up with better ranks. Then we graduate to the race to $1 million thread :-D
Post by: Runge on July 29, 2014, 02:31:45 PM
AWESOME!!!!I was thinking when you first said "ranks" that it would be on the size of our stash. It would be interesting perhaps to suggest a few names on our way towards our first $100,000.
I'm thinking of adding a "ranks" column, so as the months go by we can have "previous rank" and "current rank" and see how the standings change... opinions?
<$0 New pack of razors
$0 Putting down the razor
$1-$10,000 Peach Fuzz
$10,000-$25,000 5 o'clock shadow
$25,000-$50,000 Second day no shave
$50,000-$99,999 Pencil stash
$100,000+ Handle Bars
Or something like that. I'm sure someone else could come up with better ranks. Then we graduate to the race to $1 million thread :-D
Love it, and it would be super easy to implement (at least for me... :P)
Post by: isaacfcb1 on July 29, 2014, 06:39:13 PM
Post by: lpep on July 30, 2014, 12:34:20 AM
Love it, and it would be super easy to implement (at least for me... :P)
You're doing things I never knew a spreadsheet could do.
You're in charge. I'll pass the torch to you, if you want it!
Post by: Runge on July 30, 2014, 06:58:56 AM
Love it, and it would be super easy to implement (at least for me... :P)
You're doing things I never knew a spreadsheet could do.
You're in charge. I'll pass the torch to you, if you want it!
I wouldn't mind keeping an eye on things.
Spreadsheets are simply amazing things. Only reason I know how to do various things is by having a need/want for a spreadsheet, and then looking through the function list while using my imagination. If someone knows a better way of doing what I've done, please let me know. I'm all for learning more efficient way of spreadsheeting.
Post by: MoneyRx on July 30, 2014, 08:01:52 AM
Post by: ohyonghao on July 30, 2014, 10:28:12 AM
Had to join the forums for this challenge!
Welcome here, a great place to get motivation from many others who are in similar situations. Wish you the best.
Post by: brisbella on July 31, 2014, 01:30:38 AM
I just hope I haven't messed up the spreadsheet!
Post by: Imustacheyouaquestion on July 31, 2014, 09:22:11 AM
Post by: ohyonghao on July 31, 2014, 12:21:42 PM
I know Mint uses Zillow to calculate home value, and I suspect it grossly overestimates, but for consistency sake, I just go with it.
My goal for 2014 for Net Worth was a whopping -$37K. My stretch goal was -$30K. I might make it!
My experience so far is that it underestimated, but this is my anecdotal evidence of 1 house purchase. Our house was listed on Zillow at $216k, we paid $219k, but the appraisal came in at $225k. It has now gone up to $223k. YMMV
Post by: seanc0x0 on July 31, 2014, 08:11:33 PM
Post by: Suit on July 31, 2014, 09:09:25 PM
Also, bad end of the month for my stocks :/ At least they're on sale for my next purchases, right?
Post by: SpareChange on July 31, 2014, 11:25:53 PM
Also, bad end of the month for my stocks :/ At least they're on sale for my next purchases, right?
Haha, I noticed that too when I logged in to my 401k and IRA today to crunch for this thread. Today was not a good day to calculate NW. ;).
Post by: Paulie on August 01, 2014, 01:25:19 AM
Wishing you all good luck!
Post by: Runge on August 01, 2014, 08:29:26 AM
My percent increase didn't calculate itself, I looked at the formula but couldn't figure out why anyone else know why?
Also, bad end of the month for my stocks :/ At least they're on sale for my next purchases, right?
Suit, your percent increase did calculate itself from what I can see. Although someone may have fixed it before I could check. :D
Post by: ohyonghao on August 01, 2014, 11:17:30 AM
Stocks falling at the end of the month give me a bitter-sweet feeling, it hurts my net worth count, but it also means I can buy more shares on the 1st than I would have been able to!
Post by: ohyonghao on August 01, 2014, 11:18:38 AM
Post by: lpep on August 01, 2014, 06:16:46 PM
Suit, your percent increase did calculate itself from what I can see. Although someone may have fixed it before I could check. :D
Yeah, I got it.
Quote
Stocks went on sale the last two days of the month resulting in a small loss.
I LOVE THIS. I just threw another $1k into my IRA to take advantage of the sale :)
Post by: isaacfcb1 on August 01, 2014, 09:41:13 PM
Post by: Tieke on August 01, 2014, 10:18:45 PM
Post by: SpareChange on August 02, 2014, 12:41:18 AM
Post by: peppermint on August 02, 2014, 11:36:49 AM
Post by: The knitter on August 02, 2014, 12:12:35 PM
It looks like anyone with a mortgage is including the value of their home in the networth calculation? I don't typically do that (because the big negative numbers motivate me more), but for purposes of comparison I'll do that here with my numbers.
Also, it's my numbers joint with my husband because it's just easier to track for us.
Liabilities:
(Mortgage, remaining car loan): $215,289.72
Assets:
(Home value (estimated at about 20k less than what Zillow lists), IRAs, 401Ks, Index Funds, bank accounts): $264,334.2
Net Worth: $49,044.48
This doesn't feel like an accurate number to me, because I owe so much on my house still and I can't use retirement accounts to pay the mortgage payments. Does it throw off your numbers if i use my networth without including my home value? It seems more realistic to me.
(It would also make me last, with -150,000~)
Post by: tyler1215 on August 02, 2014, 02:48:46 PM
Post by: Runge on August 02, 2014, 04:07:17 PM
My IRA contribution increase goes into effect this month, so hopefully I'll start climbing faster.
$12,178.92
Post by: Lord Cashmoney on August 02, 2014, 06:49:37 PM
Official Beginning-of-August Number: July
$-16,657.94 $-23,237.77
(Liabilities)
Student Loan Debts: $-34,190.76 $-34,623.03
Credit Cards: $-8,012.43 $-11,335.51
(Assets)
Cash: $6255.71 $7,791.68
Investments: $19,289.54 $11,929.09
A pretty good month, if I do say so myself! Credit card debt is down by $3,323.08, and student debt by $432.27. Markets were also down though, and I'm currently biased towards Amazon.com stock by virtue of employment. Market reaction to Amazon's financials report wasn't kind. I did gain a significant $7,128.63 boost by remembering to count a "forgotten" investment this month though! Next month should see an equally large drop in credit card debt. I would be shocked it I can't have it fully taken care of by October's end. Maybe a better idea would be to redirect some of the non-401(k) investment money towards obliterating it completely by September.
Keep up the good work everyone! This is a truly amazing race!
Post by: SpareChange on August 02, 2014, 10:05:30 PM
Saw My NW drop off about $500, but I finally paid off the last credit card. I'm now debt free and can only go up. Feels weird :/
Awesome. It'll be nice when I get to the point that I only have to use the + to calculate NW.
Post by: ohyonghao on August 04, 2014, 01:24:03 PM
Saw My NW drop off about $500, but I finally paid off the last credit card. I'm now debt free and can only go up. Feels weird :/
I'm curious as to why your net worth would drop by paying off a credit card? Credit cards are liabilities that should already be calculated into your net worth. Paying off the credit card would just be a transfer of assets and wouldn't affect your net worth. I generally run between $500-$2,000 on my credit cards through a month and those are all factored into my net worth, this way I'm not robbing Peter to pay Paul.
Post by: Mazzinator on August 05, 2014, 01:16:21 AM
Savings $75k
Student loans -$71k
Net worth $4k
Savings $79k
Student loans -$69k
Net worth $10k
Aug
Savings $80,613
Student loans -$67,363
Net worth $13,250
Edit: could someone update the doc for me??? I only have an ipad and can't figure out how to update my numbers using it. Thanks!!
Post by: Runge on August 05, 2014, 07:25:33 AM
Aug
Savings $80,613
Student loans -$67,363
Net worth $13,250
Edit: could someone update the doc for me??? I only have an ipad and can't figure out how to update my numbers using it. Thanks!!
Done!
Post by: tyler1215 on August 05, 2014, 05:22:47 PM
Just found out that my wife has $10k in some sort of investment in her home country which yields about 5% a year, this is going to boost my number up for next month.Saw My NW drop off about $500, but I finally paid off the last credit card. I'm now debt free and can only go up. Feels weird :/
I'm curious as to why your net worth would drop by paying off a credit card? Credit cards are liabilities that should already be calculated into your net worth. Paying off the credit card would just be a transfer of assets and wouldn't affect your net worth. I generally run between $500-$2,000 on my credit cards through a month and those are all factored into my net worth, this way I'm not robbing Peter to pay Paul.
You are right. It baffled me at first. I did see my investments decide to take a nose-dive at the end of the month. That seems like it always happens LOL
Post by: MoneyRx on August 07, 2014, 09:32:55 AM
Is it too late to join in?
It looks like anyone with a mortgage is including the value of their home in the networth calculation? I don't typically do that (because the big negative numbers motivate me more), but for purposes of comparison I'll do that here with my numbers.
Also, it's my numbers joint with my husband because it's just easier to track for us.
Liabilities:
(Mortgage, remaining car loan): $215,289.72
Assets:
(Home value (estimated at about 20k less than what Zillow lists), IRAs, 401Ks, Index Funds, bank accounts): $264,334.2
Net Worth: $49,044.48
This doesn't feel like an accurate number to me, because I owe so much on my house still and I can't use retirement accounts to pay the mortgage payments. Does it throw off your numbers if i use my networth without including my home value? It seems more realistic to me.
(It would also make me last, with -150,000~)
Since the document is tracking net worth, you would add in your home value and be at 49k, not -150k. You owe on your house, but if you had to, you could sell the house and erase the debt.
Post by: NBBay7 on August 07, 2014, 10:31:28 AM
NW at beginning of 2014: -8,000
NW end of June: about 3000
NW now: about 5000
I discovered MMM in June and haven't looked back!
Thank you for spearheading this challenge, let's keep it going!!
Post by: SpareChange on August 07, 2014, 12:32:46 PM
I'm in :O Must kill student loans!!!
NW at beginning of 2014: -8,000
NW end of June: about 3000
NW now: about 5000
I discovered MMM in June and haven't looked back!
Thank you for spearheading this challenge, let's keep it going!!
Yes. Student loans must die! And, welcome!
Post by: ohyonghao on August 07, 2014, 01:36:40 PM
Is it too late to join in?
It looks like anyone with a mortgage is including the value of their home in the networth calculation? I don't typically do that (because the big negative numbers motivate me more), but for purposes of comparison I'll do that here with my numbers.
Also, it's my numbers joint with my husband because it's just easier to track for us.
Liabilities:
(Mortgage, remaining car loan): $215,289.72
Assets:
(Home value (estimated at about 20k less than what Zillow lists), IRAs, 401Ks, Index Funds, bank accounts): $264,334.2
Net Worth: $49,044.48
This doesn't feel like an accurate number to me, because I owe so much on my house still and I can't use retirement accounts to pay the mortgage payments. Does it throw off your numbers if i use my networth without including my home value? It seems more realistic to me.
(It would also make me last, with -150,000~)
Since the document is tracking net worth, you would add in your home value and be at 49k, not -150k. You owe on your house, but if you had to, you could sell the house and erase the debt.
I agree with MoneyRx on this, you should include the house. If you wanted to not include the house then you shouldn't include the debt from it either, it doesn't make sense to only include the debt and not the asset (except in the case of cars because they depreciate too fast and you are basically underwater with them very soon after driving off the lot).
Post by: apfroggy0408 on August 09, 2014, 10:01:53 AM
Post by: SpareChange on August 09, 2014, 03:16:20 PM
just added myself to sheet, been going down in NW since mint didn't track my student loan, but those are gone and so should start going up.
Welcome to the "Sheet"!! Ironically, I was reading your journal when you posted. Good for you on the student loans...I hope to be there in another year or so too.
Post by: Tieke on August 09, 2014, 04:12:16 PM
Post by: SpareChange on August 09, 2014, 11:34:53 PM
Just hit my first 10K this week - SUPER excited! Since I'm 39, it's kind of terrible that this is the highest net worth I've ever had, but at least progress is all going in the right direction now.
Congrats! And don't feel too bad...I'm also 39, and my net worth is also at it's highest (~15k). :)
Post by: Tieke on August 11, 2014, 03:43:35 AM
Just hit my first 10K this week - SUPER excited! Since I'm 39, it's kind of terrible that this is the highest net worth I've ever had, but at least progress is all going in the right direction now.
Congrats! And don't feel too bad...I'm also 39, and my net worth is also at it's highest (~15k). :)
Thanks for the moral support! Now for the next 10K, and a good bit faster this time... :)
Post by: ohyonghao on August 11, 2014, 10:40:40 AM
Just hit my first 10K this week - SUPER excited! Since I'm 39, it's kind of terrible that this is the highest net worth I've ever had, but at least progress is all going in the right direction now.
Congrats! And don't feel too bad...I'm also 39, and my net worth is also at it's highest (~15k). :)
Thanks for the moral support! Now for the next 10K, and a good bit faster this time... :)
What's great about a positive net worth is that your dollars start to work for you and you Snowball. That 10k you have this year might make 700-1200 next year on top of what you put in then. Keep it up!
Post by: Tieke on August 13, 2014, 03:37:35 AM
What's great about a positive net worth is that your dollars start to work for you and you Snowball. That 10k you have this year might make 700-1200 next year on top of what you put in then. Keep it up!
Good point! I've actually got about 16K (the 10K net worth is because I have to subtract a debt) in a fund that's consistently earning around 12% interest so that'll help a good bit with the snowball effect. Hopefully the fund won't start tanking too severely anytime soon because I could use the extra boost.
Post by: MoneyRx on August 13, 2014, 07:59:00 AM
Post by: Wiggle on August 13, 2014, 09:12:49 AM
Snap Shot at end of July:
Debts: $0
Savings: $7,250
Retirement Accts: $29, 876
NW: $37, 126
Post by: Fonzico on August 13, 2014, 09:45:19 AM
Liabilities: Zero
Assets: TFSA @ 1.3% $2,111.94
TFSA index funds: $1,293.20
Net Worth: $3,405.14 Whoohoo! Rolling in it, amiright!?
On average, adding about $1,500/mo to this. But trying to get our side gig to be more profitable (running a sign/decal/t-shirt business out of our basement). It's in the black, at least, and hopefully we'll be able to start pulling some actual income from it soon.
We should most definitely be able to reach our house downpayment goal by May 2016. Maybe this competition will help us reach it sooner :)
Post by: ohyonghao on August 13, 2014, 02:42:15 PM
I'd love to hop in on this. I'm starting above 10k but 100k is a good medium term goal for me.
Snap Shot at end of July:
Debts: $0
Savings: $7,250
Retirement Accts: $29, 876
NW: $37, 126
As long as you are below $100k no problem being added here. The goal here is to eventually graduate to the $1million NW thread, although some of us may not need $1million to retire.
Now that I'm officially out of the Negatives, I'm excited to join! My networth is paltry, but at least it's going in the right direction! $100,000 is still very far away, so my intermediate goal is the $30,000 we need to buy a house, but it will be fun to be in on a long-term tracking race :)
Liabilities: Zero
Assets: TFSA @ 1.3% $2,111.94
TFSA index funds: $1,293.20
Net Worth: $3,405.14 Whoohoo! Rolling in it, amiright!?
On average, adding about $1,500/mo to this. But trying to get our side gig to be more profitable (running a sign/decal/t-shirt business out of our basement). It's in the black, at least, and hopefully we'll be able to start pulling some actual income from it soon.
We should most definitely be able to reach our house downpayment goal by May 2016. Maybe this competition will help us reach it sooner :)
Just as with Wiggle as long as you are below $100k NW we're glad to have you here. Some here are still bleeding. A house is a great first goal, the purchase may have you take a hit to your NW but that's just the cost of doing business, it'll rebound in no time as you continue to save. Good luck on the side business, they can be fun.
Another thread to checkout is the Long Term NW Goal (http://forum.mrmoneymustache.com/throw-down-the-gauntlet/gauntlet-long-term-net-worth-goals/) thread started by one of our awesome moderators. It's fun to work out your numbers and see what you think you can achieve in the long term and push yourself to make it happen. Not as much activity there as most update annually or semi-annually and participate in the other shorter term threads.
Post by: tyler1215 on August 13, 2014, 06:24:00 PM
Should we add age to the spreadsheet? Not that this is a competition between anyone but myself, but I think it would be beneficial for me to see where people are in their lives.
I wouldn't mind if we were all more transparent with each other. Knowing something like age, occupations, salaries, savings rate (we will need a uniform formula that everyone uses). That would give us all some comparisons perhaps something to look forward to if one of us is making six-figures and saving 80%. Plus we could come up with a possible handicap to make the race fair, but I'm one for taking every advantage I can get.
We will get to know each other pretty well over the next couple of years.
Post by: lpep on August 14, 2014, 07:37:26 AM
Plus, the spreadsheet took all the numbers out of the linear posts, so this CAN be more of a conversationy area.
Post by: ohyonghao on August 14, 2014, 12:52:56 PM
I'm a software engineer, 30 years old, married, and a single income family. I make roughly $90k a year, which has increased so far every year for the past 3 or 4 years. After taxes and healthcare deductions our take home is $4600 a month + 4 5th week paychecks. General savings is $1100 into IRA's (will be $916 next year, but due to the move we started late), and an extra $250 towards principle on the mortgage. Including principle on the mortgage, and evenly distributing extra savings from the 5th pay check, total savings each month is roughly $2000. We expect to get a good tax return due to the IRA cotributions, which spread out over 12 months would increase our monthly savings to $2500. This is all without counting increased stock values or dividend income. We are roughly at a 50% savings rate.
Our first milestone after $100k is $300k. At $300k we have the option to move back to Taiwan and retire due to the ridiculously low cost of living. At that point I would say that we have enough fuck you money. Extended goals would be to add more buffer into that number, and continue working as long as it is fun and to ease into retirement possibly by going less full time. If we can save up to $500k, or $600k that would be ideal, we could then choose living in the States or back in Taiwan. With some smart planning I can continue to make money working some part time gigs teaching English in Taiwan to pay for some luxuries.
I am interested in trying to lower our cost of living here. We are living pretty well, but the largest expense is still the car. Thinking of switching to something more fuel efficient and cheaper to insure than our BMW (2002, 130k miles bought 2 years ago for $8k, no with 163k miles and worth $4k(not included in NW) and have only added about 2500 miles this year since moving close to work).
Post by: tyler1215 on August 14, 2014, 04:18:19 PM
I am interested in trying to lower our cost of living here. We are living pretty well, but the largest expense is still the car. Thinking of switching to something more fuel efficient and cheaper to insure than our BMW (2002, 130k miles bought 2 years ago for $8k, no with 163k miles and worth $4k(not included in NW) and have only added about 2500 miles this year since moving close to work).
I may want to help you out with that BMW. What model is it?
Post by: ohyonghao on August 14, 2014, 04:57:01 PM
I am interested in trying to lower our cost of living here. We are living pretty well, but the largest expense is still the car. Thinking of switching to something more fuel efficient and cheaper to insure than our BMW (2002, 130k miles bought 2 years ago for $8k, no with 163k miles and worth $4k(not included in NW) and have only added about 2500 miles this year since moving close to work).
I may want to help you out with that BMW. What model is it?
It's a 525i with winter and maybe Sports package (has the M/// on the steering wheel). Interior is immaculate, I don't believe in storing things in the car and from my road trip hippy days I was used to keeping a garbage bag around the stick and throwing it out every chance I got.
Post by: brisbella on August 17, 2014, 11:29:38 PM
I also work around 25hrs a week as a paralegal.
I earn approximately $35,000 - $40,000 per year before taxes.
In my earlier years I dropped out of high school and worked full time in hospitality and promo work.
All of my peers have graduated uni and are working their career-jobs now, so I do feel like I'm behind sometimes.
I live with my partner of 4.5years in a house owned by him and his brother. I pay for all of our food and he pays his mortgage. I've gotten pretty good at keeping our food bill under $100 a week.
My net worth as at 31 July 2014 is comprised of:
Shares: $9938.88
Cash: $6242.96
Superannuation: $5101.52
Vanguard Index Fund: $15603.27
and my car: $5000.00 which I didn't include in the spreadsheet.
I've always been good at savings and have learnt a lot from my parents, both of whom have RE.
My current goal is to save $300 a week, which is hard as my take-home during school term is about $550.00/week. Been going pretty well with it though.
Don't have a retirement age or goal picked out yet, but I know I will need at least a million. I also have a personal goal which is to own a block of apartments / townhouses. Right now my savings are going to my bank account which is earning 3.8%, my index fund, and i'm also trying to get together a deposit so I can buy a cab licence.
Look forward to reading other people bios :)
Post by: Apples on August 19, 2014, 01:18:38 PM
Post by: tarheeldan on August 19, 2014, 01:52:57 PM
Is it Dec 31for the start y'all? I assumed it was May 30
Post by: Apples on August 19, 2014, 02:24:56 PM
Post by: lpep on August 20, 2014, 04:46:51 AM
Welcome, Apples, and best wishes!
Is it Dec 31for the start y'all? I assumed it was May 30
Fellow Tar Heel here :) Hark the sound!
Post by: Wiggle on August 22, 2014, 01:13:30 PM
I'd love to hop in on this. I'm starting above 10k but 100k is a good medium term goal for me.
Snap Shot at end of July:
Debts: $0
Savings: $7,250
Retirement Accts: $29, 876
NW: $37, 126
No more contributions for rest of month so here is my end of August update:
Debts: $0
Savings: $7,250
Retirement Accts: $31, 248
NW: $38, 498 (increase of $1,372).
Post by: Apostrophe on August 25, 2014, 07:56:12 PM
$50,646 as of 8/1/14.
Just found this site recently, and have really enjoyed many of the ideas. Reducing consumption and increasing happiness go hand in hand... who knew?!
Christopher
Post by: LearningFromMistakes on August 25, 2014, 09:45:58 PM
While I have only been reading MMM for a few weeks, I have had Mint for years document all of the mistakes :-)
Since thread start:
June 9th 2014: (-$34,619)
July 1st 2014: (-$35,437)
August 1st 2014: (-$24,516)
Today (August 25th 2014): $7,548
Post by: SpareChange on August 26, 2014, 09:29:04 AM
I'm in for this.
$50,646 as of 8/1/14.
Just found this site recently, and have really enjoyed many of the ideas. Reducing consumption and increasing happiness go hand in hand... who knew?!
Christopher
Welcome to our humble thread!
Post by: SpareChange on August 26, 2014, 09:31:06 AM
New here, but interested in playing along. I find tracking helps a lot.
While I have only been reading MMM for a few weeks, I have had Mint for years document all of the mistakes :-)
Since thread start:
June 9th 2014: (-$34,619)
July 1st 2014: (-$35,437)
August 1st 2014: (-$24,516)
Today (August 25th 2014): $7,548
Doesn't look like you've made any mistakes in Aug so far :). Welcome!
Post by: Imustacheyouaquestion on August 29, 2014, 06:40:39 AM
I had about $500 of medical expenses last month, paid out of my emergency fund. It will take about 6 months until my HSA has enough contributions to pay back the EF.
Post by: seanc0x0 on August 29, 2014, 02:31:52 PM
Hopefully September will be more fruitful, as I am planning to sell some unused radio equipment and plow that money into the investments.
Post by: ohyonghao on August 29, 2014, 04:15:54 PM
Plus I've added my Wife's secret fund: ~$10,000, it's in her native country currency, some sort of annuity, or something of their local equivalent. This sort of artificially boosts our NW number for this month, not every month are we going to increase by finding $10k+, oh and a 5th paycheck too.
July: $48,615.09
August: $63,372.03
Post by: frogger on August 29, 2014, 05:49:11 PM
Liabilities reduced by $650
Assets reduced by $1750
NW for the end of August: -$9700
Bummer, but this is my last month of going backward. The new school year started this week which means I'll get paid again and be making progress from here on!
Post by: tyler1215 on August 30, 2014, 03:17:04 PM
Added in my HSA account. Will be seeing my saving slow down with school starting up, but I view that as the ultimate investment with a guaranteed rate of return on a better life.
Waiting on some work reimbursement for travelling in August and more planned travel later this year. Spent the last two weeks fighting with an "Administrative Assistant" because I booked my own travel and used my card to pay for everything instead of going through her. Now she's dragging her feet on processing my expense reports. Just another reason why I want to retire early and be done with BS like this...or get promoted to manager and replace her with someone that can actually do the job correctly. Not a good end of the month for me.
Post by: carozy on August 31, 2014, 09:20:38 AM
Post by: SpareChange on August 31, 2014, 10:55:04 AM
UPDATE! Arbitrary personal financial goal met!
I started reading MMM last spring, and by the end of the year was able to increase my net worth by 30K, from -$97K to -$67K. So, at the beginning of the year I set the goal of increasing my net worth by another 30K (to a net worth of -$37K) in 2014. My stretch goal was to make it to a net worth of -$30K in 2014.
As of August 31 2014, my base goal for 2014 has been met!!!! As you can see on the spreadsheet, I am at -$36,964.00! I know that could change at the whim of the markets, but I am stoked. I have no doubt I will meet my stretch goal, which means a net worth of zero in 2015 is totally possible! That also means that my net worth has increased 60K in the last 18 months thanks to MMM! I should send them some cookies.
Congrats! That's really very impressive, HF.
Post by: Runge on August 31, 2014, 01:56:03 PM
Got a bigger than normal boost this month because my IRA contributions were delayed a month due to a brokerage change, so this time I got last month's contribution plus this month's. I also increased my IRA (Simple) personal contribution from 171/mo to 500/mo, that will definitely help move things along. The markets doing well naturally always helps too.
$14,695.15 for August, up $2,515.53 from last month. Woot!
Post by: Apples on August 31, 2014, 07:12:07 PM
Anyway: 7/31 $51,177.95
8/31 $55,797.75
Woohoo! The markets were certainly a help in making that large leap. This is both the greatest % change and absolute $ change of any two months this year! And that's all the longer that I've been tracking our NW, so that's all the data I have. We use August's pay in September, so we will see the benefit of the 5 paycheck month next month, so I'm expecting another good leap then! Assuming, of course, that no emergencies hit. After that everything will calm down again.
Post by: brisbella on August 31, 2014, 08:40:38 PM
Overall not as nice as last month's tax windfall. Would like to see next month's balance increasing by at least $1200 instead of just $700ish.
Looks like almost everyone is doing well this month :)
Post by: ohyonghao on August 31, 2014, 11:32:29 PM
My networth went up a bit since I had an extra surprise check this month from overpaying for braces a couple of years back, plus the three paycheck month. However, my net worth will be going down soon because I'm going to pay for the Macbook Air I bought with my Discover card. Hopefully my checks for September will even things out. I have some other expenses coming soon also, but I'll try to keep spending to a minimum. I'm glad we are tracking things here as it gives me something to aim for each month.
You're net worth doesn't change when you pay off a credit card because net worth is asset - liability, and your credit card is a liability. Whenever my friend talks about just putting stuff on the card I want to give him a MMM face punch.
Post by: carozy on September 01, 2014, 04:42:53 AM
My networth went up a bit since I had an extra surprise check this month from overpaying for braces a couple of years back, plus the three paycheck month. However, my net worth will be going down soon because I'm going to pay for the Macbook Air I bought with my Discover card. Hopefully my checks for September will even things out. I have some other expenses coming soon also, but I'll try to keep spending to a minimum. I'm glad we are tracking things here as it gives me something to aim for each month.
You're net worth doesn't change when you pay off a credit card because net worth is asset - liability, and your credit card is a liability. Whenever my friend talks about just putting stuff on the card I want to give him a MMM face punch.
You're right. I didn't realize Personal Capital deducts the credit card from the cash/retirement (assets) for me. But now it makes sense, networth = assets - liabilities.
I bumped my cash back up over $20 with that laptop purchase, so now I can get my cash back rewards out! :) I think I'll just apply it to the balance though.
Post by: Paulie on September 01, 2014, 08:11:23 AM
Post by: SpareChange on September 01, 2014, 01:49:15 PM
Look forward to reading other people bios :)
I've worked as a radiographer in a hospital in Fort Worth for just over 2 years, FT for about 6 months now. I enjoy my career and job for the most part, although doing it FT can be exhausting at times. Also have a BA in Econ.
I rent a small apt, and only include financial items in my NW (not that anything else I own would budge the number much :)). I have one student loan left, which is the only debt I have. I refinanced it a few months ago at a lower, albeit variable, rate. I have a 401k and an IRA. My investment mix is 60/40 stocks/bonds, and 60/40 domestic/international stocks. Leaning towards just paying off the loan as fast as I can even though it's at a low IR. Haven't decided whether to add an HSA or Roth to the mix.
Post by: Runge on September 01, 2014, 08:57:27 PM
OK here's my 6/30 and 7/31 net worth including retirement accounts but excluding the (theoretical) value of my home.
6/30/2014: -$6922
7/31/2014: $2291 (yay positive! - downgraded car, don't expect $9k every month!)
8/31/2014: $5896
Added a line for my entry to the spreadsheet, but not quite sure how you're doing all the determinations of rank, etc so there are a few columns in my row that I did not touch.
No worries. I got ya set up. Glad to have you join!
Post by: Suit on September 02, 2014, 06:35:27 PM
Post by: Mazzinator on September 04, 2014, 02:19:19 PM
Sept 2014Savings $75k
Student loans -$71k
Net worth $4k
Savings $79k
Student loans -$69k
Net worth $10k
Aug
Savings $80,613
Student loans -$67,363
Net worth $13,250
Savings $86,540
Student loans -$67,927 (wait, what? This went up??)
Net Worth
$18,613
Post by: TJ79 on September 08, 2014, 01:54:02 PM
I found this blog in the spring, and have been trying to reconcile a deep love for food and travel with a MMM mindset. We've already made a bunch of improvements to our budgeting/spending, but know we still have a long way to go. Looking forward to the journey together!
Assets: ~121,000
Liabilities: ~(104,000)
Post by: Middlesbrough on September 09, 2014, 08:36:19 PM
I currently have college debt from public university because I paid for my education. All money I "save" goes toward student debt.
Post by: tyler1215 on September 10, 2014, 03:57:02 PM
Prior to all of this, I worked for an engineering firm in a large city that paid me below market but claimed to make up for it with "crazy bonuses". I worked 60-80 hours a week with no life and deteriorating health. I lived less than 4 miles from work and I drove and it always took me at least 30 minutes to get to the office. I left the company in the big city to live in the hill country. I drastically reduced my expenses and got a raise to go with the new job.
Now I'm debt-free, saving 50% of my income, and growing my career at a pace that makes my old coworkers jealous. Their "crazy bonuses" don't even keep up with my base salary. I invest my savings in myself first at 40% (education), 10% to cash savings accounts, 30% to stock mutual funds, and the remaining 20% to Vanguard ETF Index funds. I'm working on a side hustle as a fee-only investment adviser by preparing for the Series 65 Exam. If that can take off and I finish an MBA by the time I'm 30, then I may try to pursue the world of investment banking, but that's my stretch goal for the moment.
Post by: givemesunshine on September 13, 2014, 10:49:56 PM
My Super is 12.75% from my employer + 5% from me plus I also contribute a further 2.15% on top (all pre-tax) - I am happy with this current level of contribution and keep a fairly close eye on the investment path. I am just going to leave this as is for a while why I try to save and invest from my take home pay.
So, in June 2013 I had;
Savings: $0.00
Student Loan: -$2100.00
I paid my car off in June 2013 too (and will be keeping said car for the rest of it's life!).
Today;
Savings: $17,390
No liabilities.
NET WORTH: $17,390
I have a surgery in October (about $2750 out of pocket) but every other dollar is being saved. I aim to save at least $1700 per month - my stretch goal is $2000.
Best of luck to all!
NB - I have added myself to the spreadsheet with my NW from 08/31/14 to fit in with the monthly system.
Post by: SpareChange on September 14, 2014, 11:49:38 PM
I'd like to join - my total net worth including Superannuation (pension) is already over 100K but as I am unable to access my pension until I am 65 I'd like to focus more on my 'accessible' net worth.
My Super is 12.75% from my employer + 5% from me plus I also contribute a further 2.15% on top (all pre-tax) - I am happy with this current level of contribution and keep a fairly close eye on the investment path. I am just going to leave this as is for a while why I try to save and invest from my take home pay.
So, in June 2013 I had;
Savings: $0.00
Student Loan: -$2100.00
I paid my car off in June 2013 too (and will be keeping said car for the rest of it's life!).
Today;
Savings: $17,390
No liabilities.
NET WORTH: $17,390
I have a surgery in October (about $2750 out of pocket) but every other dollar is being saved. I aim to save at least $1700 per month - my stretch goal is $2000.
Best of luck to all!
NB - I have added myself to the spreadsheet with my NW from 08/31/14 to fit in with the monthly system.
Happy to have you Zinny! Hope to join you with no liabilities sometime next year.
Post by: MoneyRx on September 18, 2014, 03:22:36 PM
Looks like we have a few engineers! Anybody else work in healthcare?
Pharmacist here. Currently on a resident salary, but trying to save up ~30k between me and my wife for a down payment after I finish next June. Its tough to calculate my net worth as my wife and I currently have separate finances so I created some rules in how I calculate it.
Will be a lot more clear when I go to full salary, and my wife quits working. I want her to quit now, but she won't do it. Weird huh?
Post by: RyeWhiskey on September 20, 2014, 09:23:34 PM
Current assets: $43,715
Current liabilities: $20,500 (all student loans)
Current net worth: $23,215
My personal goal is to have the loans paid off before the grace period ends (approx. March 2016).
Post by: SpareChange on September 21, 2014, 02:07:15 PM
Looks like we have a few engineers! Anybody else work in healthcare?
Pharmacist here. Currently on a resident salary, but trying to save up ~30k between me and my wife for a down payment after I finish next June. Its tough to calculate my net worth as my wife and I currently have separate finances so I created some rules in how I calculate it.
Will be a lot more clear when I go to full salary, and my wife quits working. I want her to quit now, but she won't do it. Weird huh?
Haha, sounds like a keeper! Pharmacy is a long track. Congrats on being so close to the finish line! Good luck with your goals.
Post by: SpareChange on September 21, 2014, 02:48:19 PM
I'll join. 28 years old, make ~$24,000/year after taxes.
Current assets: $43,715
Current liabilities: $20,500 (all student loans)
Current net worth: $23,215
My personal goal is to have the loans paid off before the grace period ends (approx. March 2016).
Let me be the first to welcome anyone with whiskey in their username :).
Post by: Wiggle on September 23, 2014, 03:30:07 PM
No more contributions for rest of month so here is my end of August update:
Debts: $0
Savings: $7,250
Retirement Accts: $31, 248
NW: $38, 498 (increase of $1,372).
No more contributions this month and had some unexpected expenses. Either way I still made some gains:
Debts: $0
Savings: $7,750
Retirement Accts: $31, 637
NW: $39, 387 (increase of $889)
For those who wanted to know, I am a 29 y/o Electrical Engineer. Only started taking money a bit more seriously in last two years.
Post by: coffeefueled on September 26, 2014, 11:01:05 AM
TSP: $41,0740
VTSMX: $4,368
Student loan: -$43,403
Car: -$8,292 <----my pre-MMM face punch
NW:$1,500
Post by: givemesunshine on September 26, 2014, 11:27:53 PM
I've updated my September numbers (as I've already been paid 'til end of month and I'm away with work for 2 weeks). Happy to be up $2.5K due in no small part to this and the ideas/support of the members.
I'm a 37 year old scientist for those interested.
Post by: Paulie on September 30, 2014, 03:08:39 AM
Post by: carozy on September 30, 2014, 10:42:45 AM
Post by: Frugal Father on September 30, 2014, 12:50:26 PM
Post by: tyler1215 on September 30, 2014, 04:15:00 PM
Congratulations on the new baby Frugal Father!
Post by: Apples on September 30, 2014, 04:27:06 PM
Also: Frugal Father, I wouldn't consider a full month of your wife not working, and a special time with a new child bad! Congrats! That's the complete opposite of embarrassing!
Post by: Bart1ma3u5 on September 30, 2014, 05:14:18 PM
For anyone interested in the bios I am a mechanic engineer and will turn 25 at the end of October, my original goal when joining this post was to be positive NW before then, and it looks like that will be the case :).
Post by: seanc0x0 on September 30, 2014, 06:30:11 PM
Anyway, numbers:
Net Worth $6678.72, up 10.9% from $6066.70 last month.
And now, since we're doing brief bios:
I'm a 36yr old father of 1 (soon to be 2) beautiful daughters. I work in IT support at a major Canadian university. Just got the fire for FIRE last winter after starting to use YNAB realizing how much I was wasting, then finding MMM. Started with a NW of about -$15000 last January, so progress is being made!
Post by: frogger on September 30, 2014, 07:31:57 PM
Liabilities reduced by $600
Assets increased by $1200
NW for the end of September: -$7900
Finally movement in the right direction! Next month is a three paycheck month, so I'm already looking forward to a big increase.
Bio: 31, single, teaching college part time as my first official gig out of graduate school (and salary pretty variable). Finally starting to pay down my undergrad loans (and the car) and save everything else, while I look for future work.
Post by: tarheeldan on September 30, 2014, 07:49:26 PM
I love seeing all this stashing we are doing!
NW didn't go up as much this month with stocks going on sale, but I'm still happy with the 6.2% increase.
I turned 30 a month ago - so old! hahaha - and work as an OTC commodity options trader for a small shop.
Post by: Middlesbrough on September 30, 2014, 09:14:15 PM
Two sides to a coin...
Post by: LearningFromMistakes on September 30, 2014, 11:21:41 PM
Since thread start:
June 9th 2014: (-$34,619)
July 1st 2014: (-$35,437)
August 1st 2014: (-$24,516)
Today (August 25th 2014): $7,548
October 1st 2014: $24,413
Post by: SpareChange on October 01, 2014, 12:20:06 AM
Post by: ohyonghao on October 01, 2014, 05:58:04 PM
Current NW $65268.23
Old NW $63372.03
Difference: +$1896.2
That was basically all the house. We spent $1200+ on finally installing the French Door. Added another $1000 to stocks when they were on sale at the beginning of last month which now appear to be an closeout bargain bin sale this month.
Post by: SpareChange on October 01, 2014, 11:44:28 PM
Yikes. Sort of painful month. I was super excited to pass my 2014 NW goal last month, and now I still have a ways to go. This month is all about fluctuation in Zillow estimates for my house. I went from -$37 to -$42 in one month. Thanks Zillow. I know it's all fake anyway, but still.
I even hit a 55% savings rate this month, and if you don't include the house, my networth actually increased. But I started out including the house, so I need to stick with it. Hopefully it will rebound and I will still make my 2014 NW goal (a modest -$37K).
As far as bio: 36, single, attorney, paying off student loans like it's going out of style, while simultaneously trying to save for retirement.
Good grief. Apparently, Zillow is more volatile than microcap stocks.
Post by: Mazzinator on October 02, 2014, 01:38:39 AM
Savings $89,520
SL -$67,477
NW $22,043
Congrats on the baby!! I'm due in 4 weeks, with my third. I'm a sahm, my hubby is an army lawyer (JAG) and we live on Oahu.
Also, could someone please please please update my numbers every month??? Please :-) I have no clue how to update from my ipad. Thanks!!! And thanks to Runge for doing this last time!!!
Post by: MoneyRx on October 03, 2014, 11:03:31 AM
It is really amazing how many people are starting out this journey with a negative net worth. Just want to encourage those people that paying off the debt is the best way to build NW. It frees up cash flows and provides guaranteed returns.
Well, there is still the debate of whether or not to pay off low interest debt first (student loans/mortgage) or invest in the market.
Personally, this year I am saving for a down payment on a house rather than maxing paying off student loans/investing. My loans range from 2.08%-6.8%. I want to own a house next year rather than throwing my money away on rent.
Post by: peppermint on October 03, 2014, 11:05:48 AM
Post by: carozy on October 03, 2014, 11:17:42 AM
Down a little bit this month, due to animal medical bills (my cat got diagnosed with cancer :(((( )
Sorry to hear about your cat.
Post by: Runge on October 04, 2014, 09:52:15 AM
Like everyone else, my investments were on sale, but the good thing is that I was able to buy another $2k worth of VTSAX, so that's cool. A certain electric auto-maker is also screwing with my numbers, but ya know, that's cool too I suppose. Right now I'm just trying to get my asset allocation set up properly.
quick bio: 25 y/o Mechanical Engineer. Just bought a house 6 months ago, so I've got plenty of money being spent on fixing it up and such, but such is life. This month has been EXTREMELY busy at work, and it's not looking like it'll let up any time soon...maybe I can negotiate a pay increase for the extra stress/time?
Here's the official quarterly numbers:
Total NW
2014Q2: $12600.37
2014Q3: $14534.10 (+15.3%)
Post by: Tieke on October 09, 2014, 01:57:08 AM
My bio: single 40 year old university teacher. Low salary at the moment (in proportion to a lot of other university teaching jobs) but this is somewhat balanced by having no kids. I'm unlikely to see a significant pay rise in the next 5 years owing to the scarcity of jobs in my field, so the moustache is all important...
Post by: Apples on October 09, 2014, 06:38:27 AM
Post by: Primm on October 09, 2014, 04:18:41 PM
Post by: Tieke on October 09, 2014, 08:52:54 PM
KatyNZ congrats on paying off your student loan! That's a great accomplishment! I can't wait until we can do that next year :)
Thanks Apples! :) Sounds like you're nearly there if yours is lined up for 2015. Hope you enjoy watching the finish line coming into view - it's a great feeling when you get there!
Post by: tyler1215 on October 14, 2014, 05:09:49 PM
I am assuming that everyone includes their 401(k) in the NW calc, I do. In doing my research into The Roth 401(k), I realized that the Roth 401(k) would have a smaller value than a traditional 401(k) because the traditional has not had the taxes withheld yet. So now I'm thinking that some of us my have some apples (traditional) and others have oranges (Roths), so to speak.
I don't think it's really a big deal in the grand scheme, but I thought it was interesting that you could be a millionaire with a traditional 401(k) then no longer be a millionaire once the taxes hit.
Post by: VirginiaBob on October 14, 2014, 05:20:31 PM
Post by: VirginiaBob on October 14, 2014, 05:22:03 PM
Post by: SpareChange on October 14, 2014, 11:25:15 PM
KatyNZ congrats on paying off your student loan! That's a great accomplishment! I can't wait until we can do that next year :)
You and I both! Congrats KatyNZ/RovingKiwi!
Post by: SpareChange on October 14, 2014, 11:34:08 PM
Just added my details to the spreadsheet. I haven't included retirement accounts (untouchable until I'm 65), or house value / mortgage. Just personal bank accounts and credit cards. Unfortunately right now I'm in the red by a considerable amount still, but since my starting amount was considerably worse than today when I first started reading MMM (only 7 months ago? That's gone quick!) I figure it will only take me a little while to at least get back to zero. Then I can start building!
Welcome to the thread, Primm!
Post by: SpareChange on October 14, 2014, 11:42:32 PM
Wow, I just won the lucky lotto for 250k at 7:22 pm on 14-October. I guess I win.
A 2 minute mustache? I'm...jealous, Bob. Congratulations!
Post by: Tieke on October 15, 2014, 01:02:01 AM
KatyNZ congrats on paying off your student loan! That's a great accomplishment! I can't wait until we can do that next year :)
You and I both! Congrats KatyNZ/RovingKiwi!
Thanks, SpareChange - hope your own loan disappears at rapid pace! And good spotting on the name change - just thought I'd move to something slightly more anonymous. NZ is a very small place...
Post by: Paulie on October 15, 2014, 07:15:26 AM
Wow, I just won the lucky lotto for 250k at 7:22 pm on 14-October. I guess I win.
What were you doing buying lotto tickets?
No I'm just kidding, that's amazing! Congratulations!!
Post by: SpareChange on October 16, 2014, 01:08:05 AM
KatyNZ congrats on paying off your student loan! That's a great accomplishment! I can't wait until we can do that next year :)
You and I both! Congrats KatyNZ/RovingKiwi!
Thanks, SpareChange - hope your own loan disappears at rapid pace! And good spotting on the name change - just thought I'd move to something slightly more anonymous. NZ is a very small place...
...as is the world, I'm afraid. I have an old friend who married an expat Kiwi :).
Bio update. Several people have posted their ages, family status, etc. I suppose I should own up to being about 3 weeks from turning 40. Single, no kids. Should earn about $70k next year. Hoping to save about $41.5k of that.
Post by: MoneyRx on October 16, 2014, 09:05:12 AM
I would hate to be "that guy" but this just occurred to me while I was researching 401(k) Roth options.
I am assuming that everyone includes their 401(k) in the NW calc, I do. In doing my research into The Roth 401(k), I realized that the Roth 401(k) would have a smaller value than a traditional 401(k) because the traditional has not had the taxes withheld yet. So now I'm thinking that some of us my have some apples (traditional) and others have oranges (Roths), so to speak.
I don't think it's really a big deal in the grand scheme, but I thought it was interesting that you could be a millionaire with a traditional 401(k) then no longer be a millionaire once the taxes hit.
This is a good point and I am sure there are other things as well that wouldn't exactly allow us to compare apples to apples. (Some have mentioned counting/not counting assets such as car, boat, etc., counting a spouses 401k, and others)
I would point out though, that a lot of people planning on early retirement will be attempting to successfully remove funds from 401k tax free through roth conversion, so although it isn't immediately available at the current value, it may still actually be worth what is in the account.
Post by: SpareChange on October 16, 2014, 10:36:56 AM
I would hate to be "that guy" but this just occurred to me while I was researching 401(k) Roth options.
I am assuming that everyone includes their 401(k) in the NW calc, I do. In doing my research into The Roth 401(k), I realized that the Roth 401(k) would have a smaller value than a traditional 401(k) because the traditional has not had the taxes withheld yet. So now I'm thinking that some of us my have some apples (traditional) and others have oranges (Roths), so to speak.
I don't think it's really a big deal in the grand scheme, but I thought it was interesting that you could be a millionaire with a traditional 401(k) then no longer be a millionaire once the taxes hit.
I agree with what Money said. It is a good point. It's just a little too hard to predict future tax rates, when you will withdraw the money, will you do Roth conversions, etc for us to know which is the apple and which is the orange. My own 401k and IRA are the pretax versions. I'm confident I'll end up paying a lower tax rate on the money than I would have in the present.
Post by: ash7962 on October 16, 2014, 01:33:40 PM
Anwyay, my NW at the beginning of July was 30,284$. I found MMM in June, read all the posts like an woman obsessed, then started my slow way towards reducing my expenses and moving more towards investing. So, I'm a 25 yr old software developer (degree in Comp Sci), and I work in the financial industry. I was lucky enough to start out life with no loans (thank you parents), so I have given myself a goal of retiring by the time I am 35! I'm not sure that I'll make it but I think its good to have something to push for. Mid last month I updated my 401k contributions to 729$/pay period so that I will max out the 401k next year. I expect to be contributing about 1458-1900 every month. Stupid crazy Chicago rent is killing my budget, but I plan on moving in with my SO after next year so hoping that will go down! If that doesn't pan out I will probably move myself further out of the city since Chicago has pretty great public transit options. Anyway, love the thread and good luck to everyone!
Post by: trailrated on October 16, 2014, 02:12:26 PM
Post by: ChickenMonster7 on October 16, 2014, 04:03:05 PM
Post by: VirginiaBob on October 16, 2014, 08:35:15 PM
I would hate to be "that guy" but this just occurred to me while I was researching 401(k) Roth options.
I am assuming that everyone includes their 401(k) in the NW calc, I do. In doing my research into The Roth 401(k), I realized that the Roth 401(k) would have a smaller value than a traditional 401(k) because the traditional has not had the taxes withheld yet. So now I'm thinking that some of us my have some apples (traditional) and others have oranges (Roths), so to speak.
I don't think it's really a big deal in the grand scheme, but I thought it was interesting that you could be a millionaire with a traditional 401(k) then no longer be a millionaire once the taxes hit.
I'm starting to wonder if a Roth has any benefit at all over a traditional. As long as your deductions/exemptions equals your withdrawals, your taxes on the traditional will be $0. So enjoy the tax benefits of the traditional now in your high earning years and don't pay any taxes later. Win win.
Post by: Pooperman on October 17, 2014, 08:27:27 AM
Post by: ohyonghao on October 20, 2014, 01:22:05 PM
I would hate to be "that guy" but this just occurred to me while I was researching 401(k) Roth options.
I am assuming that everyone includes their 401(k) in the NW calc, I do. In doing my research into The Roth 401(k), I realized that the Roth 401(k) would have a smaller value than a traditional 401(k) because the traditional has not had the taxes withheld yet. So now I'm thinking that some of us my have some apples (traditional) and others have oranges (Roths), so to speak.
I don't think it's really a big deal in the grand scheme, but I thought it was interesting that you could be a millionaire with a traditional 401(k) then no longer be a millionaire once the taxes hit.
I'm starting to wonder if a Roth has any benefit at all over a traditional. As long as your deductions/exemptions equals your withdrawals, your taxes on the traditional will be $0. So enjoy the tax benefits of the traditional now in your high earning years and don't pay any taxes later. Win win.
This assumes that all your income in retirement is under deductions/exemptions. Standard deduction for married plus 2 exemptions is 12,400 + 3,950 + 3,950 = $20,300 for 2014. When you consider regular 401k has minimum withdraw plus maybe some income from hobbies plus maybe some rental income plus SSI it would be easy to be over $20,300 in income in retirement. Also don't forget the taxes on growth! Look at scenario below
Regular 401k: contribute $17,500; taxes -$4,375
- wait 40 years at 11%
- Balance $1,397,104
- Potential taxes @ 15% = $209,566
Roth 401K: contribute $17,500; taxes $0
- wait 40 years at 11%
- Balance $1,397,104
- Potential taxes @ 15% = $0
Your numbers there again are assuming that you withdrawl the entire 401k at once, rather than over a period of time, and doesn't include the current tax savings which then gets invested into non-tax advantaged accounts. Since the $4,375 in savings would then go towards other investments here is how the example should work out:
Regular 401k: contribute $17,500; taxes -$4,375
- wait 40 years at 11%
- Balance of 401k $1,397,104
- Balance from investing the tax savings $349,276
- Potential taxes @ 15% = $258912 *note long terms capital gains currently around 10%, but just keeping the example simple, also you forgot to exclude the $20,300 deduction from your original calculations
- Total Balance after $1,487,468
Roth 401K: contribute $17,500; taxes $0
- wait 40 years at 11%
- Balance $1,397,104
- No investment of tax savings
- Potential taxes @ 15% = $0
- Total Balance $1,397,104
Difference $90,364
That is without any optimizations in withdrawal, such as doing roth conversions during low earning years, and taking advantage of long term capital gains taxes being lower. This is a per year example, so bring this over a 10 year working period and suddenly we are looking at possibly an extra million dollars or more.
Post by: dusty on October 31, 2014, 06:36:22 AM
I initially joined in with the challenge on day one then went to sea with my boat and have been busy. Anywho, a lot of time at sea has allowed me to save / invest + a little bump from the market and my net worth is now 28k, up from 12k in july!!!!!! More money than I have ever been worth!
Keep at it all, I would love to see a total of combined worth of everyone at the end of the year to see the money retained in individuals pocket's
Post by: Primm on October 31, 2014, 07:57:15 AM
Post by: carozy on October 31, 2014, 09:51:27 AM
A little about me: I work in admin at a funeral home. I like to write on the side and hope to some day self-publish and increase my income that way too. I work in SF but I'm staying out of the city with my parents for a few months to save up money, and then I'll probably move back to the city. Rent is cheaper out of the city but then I have to factor in commuting cost and time on Bart.
Because of MMM I've gotten myself out of debt and am saving up my emergency fund. My goal for 2015 is to start investing regularly.
Post by: SpareChange on October 31, 2014, 11:19:32 AM
-$13,008. Goddam it, I wish I'd noticed that in time to take my change jar (containing $50+) to the bank today, and push me into the -$12k amount. Oh well, next time. :)
Hey now, don't short yourself...those coins count the same whether they're in a bank account or between your couch cushions. :)
Post by: SpareChange on October 31, 2014, 11:21:44 AM
I'm really glad we're tracking. It's good to see it grow! I'm at $11,419 now, up from about $7,267 when we started.
A little about me: I work in admin at a funeral home. I like to write on the side and hope to some day self-publish and increase my income that way too. I work in SF but I'm staying out of the city with my parents for a few months to save up money, and then I'll probably move back to the city. Rent is cheaper out of the city but then I have to factor in commuting cost and time on Bart.
Because of MMM I've gotten myself out of debt and am saving up my emergency fund. My goal for 2015 is to start investing regularly.
Sounds like you have a solid plan. You're doing great. Slow and steady!
Post by: Pooperman on October 31, 2014, 11:25:27 AM
Post by: MWM1220 on October 31, 2014, 11:56:26 AM
Post by: SpareChange on October 31, 2014, 12:08:11 PM
Is it too late to join in???? I know i won't "Win" but it will be fun to track?
Of course you can join! Tracking really does help. Welcome!
Post by: SpareChange on October 31, 2014, 12:14:58 PM
Post by: frogger on October 31, 2014, 06:37:04 PM
Oct.: -$7900
Nov.: -$3100
Up $4800. Next month I'll be able to do the less than (more than? damn negative numbers) -$1000 dance!
Post by: givemesunshine on October 31, 2014, 11:10:00 PM
I'm up $2750 this month. Next month I have some out of pocket medical expenses to cover so will probably go backwards (or hopefully just stay at this level). Can't be helped!
Good luck to all and keep it up!
Post by: ohyonghao on November 01, 2014, 02:56:00 AM
Sep: $65,263.85
Oct: $70,999.50
Increase: $5,735.65
Been really happily surprised about how fast this is going up now. Compound interest is great. Also I hit my first $10,000 in a single Vanguard Index fund and changed to Admiral Shares. Looks like I may have been a little too pessimistic in the long term net worth thread.
Next month my Sister in Laws are paying us back (we live in different countries and often trade favors in each others currency until we have some other reason to transfer money, then balance the books, some things are just cheaper here).
Is it too late to join in???? I know i won't "Win" but it will be fun to track?
It's never too late to join, this is just the qualifying rounds for the $1 Million Net Worth thread :-P.
Post by: engineerbell on November 01, 2014, 09:11:16 AM
Post by: Runge on November 01, 2014, 11:56:49 AM
Here's my update:
$15,784.94, up $1,250.84 from last month!
Awesome, especially since my employer switched from a bi-monthly pay cycle to every two weeks while also introducing a 2-week lag in pay. So my monthly budget has been effectively reduced and while this past month only had 1 full paycheck instead of two. So yay...but now I'm a part of the every other week crowd, so that's cool I guess. Do y'all have cookies?
Post by: tyler1215 on November 02, 2014, 02:51:42 PM
$14,585.04, up by $2,599.04
My huge bump is a bit misleading, I got reimbursed for a trip I took at the end of September. I still need to file my expense reports for the month of October, so that's holding me back.
Good news, I got my raise in October and went straight to HR to double my 401(k) contributions.
Bad news, I test drove a Porsche yesterday and I'm very tempted. Wouldn't really affect my financial lifestyle if I did it though.
Post by: Paulie on November 03, 2014, 03:43:29 AM
Post by: seanc0x0 on November 03, 2014, 07:59:24 AM
Decent month. Up from ~$6680 to ~$7825, +17.19%. Nice not to fight the market, though I got about $28 of dividends, which helped counter the market instability.
Post by: tarheeldan on November 03, 2014, 11:29:42 AM
Post by: kickel on November 04, 2014, 03:42:16 PM
As of today my investment and cash accounts minus all liabilities are at $68,109 (64,109 invested, and 4,000 cash). My goal is to reach $75,000 by the end of the year, which with some good market returns and a few extra gigs could be plausible.
Post by: trailrated on November 05, 2014, 11:34:13 AM
Post by: Wiggle on November 06, 2014, 08:28:10 AM
Debts: $0
Savings: $7,750
Retirement Accts: $31, 637
NW: $39, 387 (increase of $889)
End of October Update:
Cash/Savings: $2,633
Mutual Funds (non-retirement, house savings): $10,139
Work Retirement Accounts: $28,508
NW: $41,280 (increase of $1893)
Post by: Hummer on November 06, 2014, 09:20:39 AM
Post by: Pooperman on November 06, 2014, 09:54:30 AM
Where is this spreadsheet everyone is talking about? I can't find it.
Page 1 Post 1.
Post by: MWM1220 on November 07, 2014, 12:30:17 PM
I noticed rank is just "how close we are to 100k" which, I guess, is consistent with the idea! But I thought it'd be interesting to see, instead, improvement in net worth from the beginning, so I created a new sheet called "Growth." It's a rough start, and I suspect one of the worksheet wizards could do a lot to improve it, but if you like the idea, please jump in and make some improvements.
Or if you think this pollutes the whole contest irreparably, delete the sheet! :)
*Some might notice the odd coincidence that the creator of this new sheet is the best ranked. Totally... weird... coincidence ;)
GREAT IDEA! Love this. Thanks for doing!
Post by: ohyonghao on November 07, 2014, 12:38:33 PM
6/30/2014: -$6922
7/31/2014: $2291 (yay positive! - downgraded car, don't expect $9k every month!)
8/31/2014: $5896
9/30/2014: $11,201
Changing jobs, I got a vacation payout, and a shift in when I'm paid. I also logged my quarterly changes in investment returns/dividends. Despite some (paper) losses from a rocky stock market, good dividend returns and gains in some places. If only every month was so positive!
10/31/2014: $14,610
I actually deleted some old "escrow" account information from my tracking software, which decreased my "apparent" net worth several hundred dollars, but the numbers going forward will be correct. Just a minor "apparent" setback. Not a bad month. I moved some money from savings into stocks during the 5% dip, and was pleased to see the values climb from there! Excited for 2015. Next month I can start contributing to my 401k pre-tax, plus get 4% employer match!
That's pretty awesome! I've been just dollar cost averaging with the same amount every month, watching the stocks go on sale two months in a row. I'm also happy to see the values coming back up.
Post by: Mazzinator on November 12, 2014, 03:28:29 AM
Oct 2014
Savings $89,520
SL -$67,477
NW $22,043
Congrats on the baby!! I'm due in 4 weeks, with my third. I'm a sahm, my hubby is an army lawyer (JAG) and we live on Oahu.
Also, could someone please please please update my numbers every month??? Please :-) I have no clue how to update from my ipad. Thanks!!! And thanks to Runge for doing this last time!!!
Nov 2014
Debt 67,460
Savings 92,845
NW 25,385
This is as of the beginning of the month, when i normally calculate it. I'm just now getting around to posting it. I had my baby girl..yay!!!
Also, i actually got a windfall inheritance!! I still can't believe it..but it's true!!!
$20k, so next month is going to look awesome.. I'm going to change my race to $120k, because i feel like i'm cheating with a windfall..
Post by: FoundPeace on November 12, 2014, 05:59:44 AM
May: $19,822
October: $28,781
This isn't sustainable for me because I am getting an extra $1,000 per month for Per Diem while traveling for work. Also, This isn't including my 401(k) or HSA yet. I need to get that tied into my software.
Sadly, I imagine most of this money is in cash right now and will hopefully be a down payment on a house next year. Is anyone including equity or their mortgage in their net worth?
Post by: Runge on November 12, 2014, 06:35:23 AM
I may have broken the spreadsheet... I'll see if I can get it fixed.
Post by: Runge on November 12, 2014, 07:09:16 AM
Post by: FoundPeace on November 12, 2014, 07:23:07 AM
Post by: Runge on November 12, 2014, 07:27:13 AM
Sorry, I was trying to add the current NW column and make it self-updating. I got a little carried away and tried to make it too complicated for my skill level. Thanks for making it happen.
No worries at all! I don't think it was you though, haha. I tried to add the ArrayFormula() function to the IF/Thens column and it blew up, haha.
Post by: eyePod on November 12, 2014, 08:57:06 AM
Alright. I'll bite. I'm currently at $12k only counting my investment accounts. I was up around 25k, but buying a house will really cut into that. Will we come back and update our original post, or just post a new one when we have an update?
Just as an FYI, you do lose the closing costs but the down payment gets transferred to equity, so you should only see a small dip in NW = to closing costs.
Post by: Mazzinator on November 12, 2014, 09:40:40 AM
Post by: Pooperman on November 12, 2014, 10:16:14 AM
Can someone explain to me how to update the chart from my ipad??? Please...
Hold down the power button for a few seconds. Swipe across the screen. Walk over to a non-mobile device, turn it on. Navigate your way to this thread and open the google doc. Now it's editable!
Post by: SpareChange on November 12, 2014, 11:14:09 AM
This is as of the beginning of the month, when i normally calculate it. I'm just now getting around to posting it. I had my baby girl..yay!!!
Congratulations!
Post by: FoundPeace on November 12, 2014, 11:44:44 AM
Can someone explain to me how to update the chart from my ipad??? Please...
Hold down the power button for a few seconds. Swipe across the screen. Walk over to a non-mobile device, turn it on. Navigate your way to this thread and open the google doc. Now it's editable!
Or you could just download the google sheets app. https://itunes.apple.com/us/app/google-sheets/id842849113?mt=8 (https://itunes.apple.com/us/app/google-sheets/id842849113?mt=8)
Personally, I'm a fan of the computer though...
Post by: Mazzinator on November 12, 2014, 02:50:40 PM
Can someone explain to me how to update the chart from my ipad??? Please...
Hold down the power button for a few seconds. Swipe across the screen. Walk over to a non-mobile device, turn it on. Navigate your way to this thread and open the google doc. Now it's editable!
Hahaha!!!
Jerk ;-)
Post by: Pooperman on November 12, 2014, 03:10:53 PM
Can someone explain to me how to update the chart from my ipad??? Please...
Hold down the power button for a few seconds. Swipe across the screen. Walk over to a non-mobile device, turn it on. Navigate your way to this thread and open the google doc. Now it's editable!
Hahaha!!!
Jerk ;-)
It maaaay have come off a bit more asshole-y than intended, at least it was taken as I meant it :).
Post by: Mazzinator on November 13, 2014, 12:12:52 PM
Can someone explain to me how to update the chart from my ipad??? Please...
Hold down the power button for a few seconds. Swipe across the screen. Walk over to a non-mobile device, turn it on. Navigate your way to this thread and open the google doc. Now it's editable!
Hahaha!!!
Jerk ;-)
It maaaay have come off a bit more asshole-y than intended, at least it was taken as I meant it :).
Nah, it's all good...i was just beginning to think that maybe i was just to stoopid to figure out how to edit it..so i thought i'd ask. I don't have a pc, just my ipad. I think i'll try the app, thanks FPeace.
Post by: Pooperman on November 29, 2014, 09:01:04 AM
Only saved 21% this month with a slew of yet more moving expenses (furniture is expensive when you have none or so I've discovered). Everything is furnished, but next month I've got the 6 month auto insurance bill of $550 + xmas gift cards so it won't be perfect, but it is getting better.
Post by: Runge on November 29, 2014, 09:09:33 AM
Post by: frogger on November 29, 2014, 12:14:59 PM
I'm going to predict -$1000 around November 2014. And let's go with -$100, $0, and $100 in December, $1000 in February...I almost didn't make it, but a market bump, car value bump, and bonus for opening a Capital One 360 account put me at $150 for the end of the month. I have joined the land of the positive net worth! I could totes use a dancing emoticon right now!
Two more paychecks in December will put me well past $1000 by the end of the year. Peach fuzz, here I come! :D :D :D
Post by: MWM1220 on November 29, 2014, 01:25:59 PM
Anyway, went from a $6100 net worth to about $11,500! Not too shabby!
Post by: Primm on November 29, 2014, 04:14:01 PM
Is anyone else having trouble with the spreadsheet? Mine isn't autocalculating my change and in the growth tab my user is next to completely different numbers.
Anyway, went from a $6100 net worth to about $11,500! Not too shabby!
Yeah, it won't even open for me. If someone could update my November numbers to -$11,503.84 that would be awesome, thank you!
Post by: ohyonghao on November 30, 2014, 01:15:57 PM
Oct: $70,999.50
Nov: $73,869.62
Saved: $2,870.12
Next month our new high deductible health plan starts taking premiums, which will mean a bit of savings for us along with the adjustment done on my W-4, we should see our savings accelerate.
Post by: FoundPeace on November 30, 2014, 03:35:00 PM
Oct. $28,781
Nov. $35,983
Even discounting the 401k, it was a great month!
Post by: givemesunshine on November 30, 2014, 05:42:35 PM
Down $1050 this month compared to last month but had some expensive medical bills (almost $5K) so not too disheartened. Back to normal savings rate now.
I haven't been including my Super (retirement) savings but they are steadily growing also (up $6K in 2 months)
Post by: Primm on November 30, 2014, 05:46:18 PM
Hi all,
Down $1050 this month compared to last month but had some expensive medical bills (almost $5K) so not too disheartened. Back to normal savings rate now.
I haven't been including my Super (retirement) savings but they are steadily growing also (up $6K in 2 months)
I don't include my Super either, if I did I wouldn't be eligible for this challenge. It's just stuff I've personally saved/invested that I count.
Post by: kickel on December 01, 2014, 10:17:26 AM
The spreadsheet seems to be working fine for me. I bought a nice road bike this month, so savings weren't quite what they would have been, but I got a hell of a deal on the bike. Used on Craigslist for $1,000, the MSRP is $4,200, has all the components I would like and came with clipless pedals and a pair of shoes.
Oct: $70,999.50
Nov: $73,869.62
Saved: $2,870.12
Next month our new high deductible health plan starts taking premiums, which will mean a bit of savings for us along with the adjustment done on my W-4, we should see our savings accelerate.
Sounds like a steal for the bike, well done! On another note, ohyonghao I'm right on your tail! This month I had a multi paycheck month with bonuses and commissions paying out so I saw a significant jump in savings. Since I've started taking this challenge seriously it has become easier and easier to save. Keep up the good work all!
Post by: seanc0x0 on December 01, 2014, 10:53:24 AM
Post by: Wiggle on December 01, 2014, 02:10:04 PM
End of October Update:
Cash/Savings: $2,633
Mutual Funds (non-retirement, house savings): $10,139
Work Retirement Accounts: $28,508
NW: $41,280 (increase of $1893)
End of November Update:
Cash/Savings: $3,092
Mutual Funds (non-retirement, house savings): $10,294
Work Retirement Accounts: $28,650
NW: $42,036 (increase of $756)
Not terrible, I saved a bit of cash and added my normal amount to my work RRSPs but didn't really make any gains on those with the fluctuations.
Post by: Runge on December 01, 2014, 02:23:15 PM
Is anyone else having trouble with the spreadsheet? Mine isn't autocalculating my change and in the growth tab my user is next to completely different numbers.
Anyway, went from a $6100 net worth to about $11,500! Not too shabby!
I only monitory the Net Worth tab, so I haven't really looked into the growth tab and related. I did make a few changes last month that utilized Google's ArrayFormula() formula, but it seems like it really bogs down the whole spreadsheet. I've reverted them back to normal formulas, so that should help.
Post by: carozy on December 01, 2014, 04:35:13 PM
Pretty spendy lately.
Post by: lpep on December 02, 2014, 07:04:39 AM
Is anyone else having trouble with the spreadsheet? Mine isn't autocalculating my change and in the growth tab my user is next to completely different numbers.
Anyway, went from a $6100 net worth to about $11,500! Not too shabby!
I only monitory the Net Worth tab, so I haven't really looked into the growth tab and related. I did make a few changes last month that utilized Google's ArrayFormula() formula, but it seems like it really bogs down the whole spreadsheet. I've reverted them back to normal formulas, so that should help.
Thanks Runge! On my (slow, janky, on-its-last-legs) computer, the net worth tab opens fine but the others are wonky - think it might be the chart.
Post by: SpareChange on December 02, 2014, 01:06:15 PM
Post by: Mazzinator on December 02, 2014, 06:37:31 PM
Oct 2014
Savings $89,520
SL -$67,477
NW $22,043
Nov 2014
Debt 67,460
Savings 92,845
NW 25,385
$20k, so next month is going to look awesome.. I'm going to change my race to $120k, because i feel like i'm cheating with a windfall..
Dec 2014
Debt 56,171
Savings 107,209
NW 51,038
Post by: Fonzico on December 06, 2014, 01:15:08 PM
Post by: carozy on December 11, 2014, 03:42:48 PM
Post by: kpd905 on December 11, 2014, 07:20:50 PM
July: -2460
Aug: 1780
Sept: 9409
Oct: 10594
Nov: 17052
Dec: 21525
This comes from maxing out a 401k, a really really generous employer contribution, and huge student loan overpayments. I tend to pay my student loans in large chunks every few months.
I am starting a new job in a month, and my 401k contributions will be dialed back to only hit their match (8% to get 4%), while I pay as much as possible to my loans with the goal of getting rid of them by December 2015.
Post by: ohyonghao on December 11, 2014, 09:47:33 PM
Why didn't I find this thread earlier? I just hit $0 net worth back around July, here are my net worth numbers:
July: -2460
Aug: 1780
Sept: 9409
Oct: 10594
Nov: 17052
Dec: 21525
This comes from maxing out a 401k, a really really generous employer contribution, and huge student loan overpayments. I tend to pay my student loans in large chunks every few months.
I am starting a new job in a month, and my 401k contributions will be dialed back to only hit their match (8% to get 4%), while I pay as much as possible to my loans with the goal of getting rid of them by December 2015.
Welcome to the thread. It's a fun place to be, I find it exciting and encouraging to be with other people in a similar stage on the road to FIRE. Things are looking up, I get all excited with each paycheck (paid weekly) to see my networth number grow throughout the month.
Happy Savings!
Post by: Runge on December 12, 2014, 06:39:45 AM
Can anyone fix the spreadsheet? It crashes in Firefox and Safari continually and automatically for me. I want to add in my November net worth ($12,826). And see how far I've come. Thanks.
I tinkered with the spreadsheet some. Let me know if you're still having issues.
Post by: carozy on December 12, 2014, 09:52:36 AM
Post by: Runge on December 12, 2014, 10:18:11 AM
Post by: Primm on December 13, 2014, 11:43:32 PM
Post by: Runge on December 14, 2014, 09:11:44 AM
Post by: seanc0x0 on December 14, 2014, 05:10:05 PM
Still not working on FF or Safari on a Mac. It appears to load but then crashes immediately on loading.
It also crashes for me in Safari, but works 100% in Chrome. Don't have FF installed on this box. I'm running MacOS 10.9.5.
Not a huge deal for me since I usually use Chrome, but there seems to be some incompatibility with something in the spreadsheet for Safari/FF. It's not likely a cache issue, since I can't remember the last time I fired up Safari on this machine (probably when it was Snow Leopard ;) )
Post by: SpareChange on December 14, 2014, 05:50:05 PM
Post by: Runge on December 15, 2014, 07:14:09 AM
Still not working on FF or Safari on a Mac. It appears to load but then crashes immediately on loading.
It also crashes for me in Safari, but works 100% in Chrome. Don't have FF installed on this box. I'm running MacOS 10.9.5.
Not a huge deal for me since I usually use Chrome, but there seems to be some incompatibility with something in the spreadsheet for Safari/FF. It's not likely a cache issue, since I can't remember the last time I fired up Safari on this machine (probably when it was Snow Leopard ;) )
Well maybe people should be just using Chrome. :D Kidding of course. I've got it loaded up in IE, but it's super sluggish. Not sure what's going on.
I'm going to make a copy of the whole spreadsheet and then delete all of the pages except the net worth. I'll then add back in one page at a time. Maybe this will help pin-point the problem. Let me know if you still have trouble loading it.
Post by: carozy on December 15, 2014, 11:30:48 AM
Post by: Wiggle on December 23, 2014, 07:21:36 AM
End of November Update:
Cash/Savings: $3,092
Mutual Funds (non-retirement, house savings): $10,294
Work Retirement Accounts: $28,650
NW: $42,036 (increase of $756)
Not terrible, I saved a bit of cash and added my normal amount to my work RRSPs but didn't really make any gains on those with the fluctuations.
Got paid early and won't be making anymore big financial moves this year so here is my end of December/end of 2014 update:
Cash/Savings: $3,805
Mutual Funds (non-retirement, house savings): $10,240
Work Retirement Accounts: $29,092
NW: $43,137 (increase of $1,101)
Post by: McStache on December 25, 2014, 09:48:00 PM
Post by: tarheeldan on December 26, 2014, 12:30:47 AM
Post by: trailrated on December 29, 2014, 04:51:53 PM
Post by: Paulie on December 31, 2014, 02:21:01 AM
Post by: Pooperman on December 31, 2014, 06:05:10 AM
Post by: tarheeldan on December 31, 2014, 06:20:41 AM
Post by: frogger on December 31, 2014, 05:02:44 PM
Liabilities Jan. 2015: $33,850
Net Worth Jan. 2015: $3350
Net Worth Jan. 2014: ($13,300)
Up $3200 from last month and $16,950 from last year!
Post by: ohyonghao on December 31, 2014, 09:35:43 PM
This Month: $77,388.38
Feel pretty good about the progress made this year. In our budget I see we started the year at $32,700.35 and slowly climbed our way up to $77,388.38, a difference of $44,688.03. We've learned so much this year about investing and look forward to the progress we can make in 2015. Hopefully next year will be the last year we're in this part of the race and we can graduate to the $1mil thread (though our FIRE goal is actually much lower than $1mil).
Some of our plans for 2015 include maxing out Traditional IRA's (no match on my 401k, so I figure Trad. IRA's where I get to choose which bank (Vanguard) is better than whatever one struck a deal with my out sourcing company since we haven't been able to set aside more than the IRA max anyway), and maxing out our new HSA, which gets us up to what a 401k could have. Another goal is to refinance our house from a 30 year FHA mortgage to a lower rate conventional 15 year mortgage. The one large foreseeable event for next year is painting our house's exterior.
Here's to wishing you all a fantastic 2015, now put down those razor blades and bring out the beard wax.
Post by: carozy on January 02, 2015, 03:52:55 PM
$14,319
I'd appreciate it. The spreadsheet will open but won't let me record my net worth.
Thanks and happy new year!
Post by: JLee on January 02, 2015, 04:35:24 PM
Post by: SingleMomDebt on January 02, 2015, 08:50:27 PM
I ended the year right under 30K. Least it is going up!
Post by: SpareChange on January 03, 2015, 05:04:46 PM
Post by: Mazzinator on January 05, 2015, 12:13:33 AM
Savings $75k
Student loans -$71k
Net worth $4k
End of dec
Savings $111k
Student loans -$56k
NW $55k
Post by: Runge on January 05, 2015, 07:21:24 AM
I'm at 16837.97 for the end of the year, up 2.07% from last month. Most of the gains was due to contributions though as the majority of my portfolio lost value, but that's no problem. It allowed me to buy a few things on sale. .
Congrats to everyone who's been participating in this. It's awesome to see everyone's progress, even the slow ones like me. :D Here's to an even more successful 2015!
| Month| | NV| | Change| | % Change |
| May 2014| | 11,192.56| | --| | -- |
| June 2014| | 12,600.36| | 1,407.80| | 12.58% |
| July 2014| | 12,179.92| | -420.44| | -3.34% |
| August 2014| | 14,695.45| | 2,515.53| | 20.65% |
| September 2014| | 14,534.07| | -161.38| | -1.10% |
| October 2014| | 15,774.94| | 1240.87| | 8.61% |
| November 2014| | 16,496.95| | 722.01| | 4.51% |
| December 2014| | 16,837.97| | 341.02| | 2.07% |
Post by: seanc0x0 on January 05, 2015, 09:53:58 PM
Numbers: $9700 or thereabouts. I was hoping to break $10000 by the end of the year, but the market gods were not kind. I'll hit it a month late, though, so it's all good. :)
Post by: kickel on January 06, 2015, 02:22:57 PM
Post by: Grog on January 07, 2015, 12:13:57 AM
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 :)
Post by: givemesunshine on January 28, 2015, 09:06:05 PM
My Super (Australian pension scheme - inaccessible before 65 years old, so not included in this challenge) is also up $3.5K in a month (and $27.5K over 12 months) so happy with my overall progress.
Looking forward to seeing some good results from other challengers next week!
Post by: trailrated on January 29, 2015, 11:57:38 AM
Post by: Pooperman on January 30, 2015, 06:41:51 AM
*ignores some numismatic investments (silver), and some other things with a total combined value of around $2k.
Post by: SingleMomDebt on January 30, 2015, 09:28:01 AM
With a bit of a downward fluctuation in stocks, I didn't think it was going to surpass, but it did :) I'm so proud of myself. Godspeed to 100K!
Post by: ohyonghao on January 30, 2015, 11:41:23 AM
I did it! I surpassed the $30K line in Networth ($30,781).
With a bit of a downward fluctuation in stocks, I didn't think it was going to surpass, but it did :) I'm so proud of myself. Godspeed to 100K!
Congratulations! That's an exciting mark to reach. It's bitter sweet at the end of the month to be seeing the market drop. On one hand it lowers my networth, on the other hand it allows me to buy more stock at the beginning of the month :-D
Post by: FoundPeace on January 30, 2015, 11:43:35 AM
January was also my last month living rent-free, so I shouldn't be increasing my NW by such leaps and bounds anymore :(. Still, not bad for 1 year of a full-time job after graduation.
Post by: ohyonghao on January 30, 2015, 04:32:14 PM
Dec: $77,499.77
Jan: $82,878.52
Increase of $5,378.75
Post by: Runge on January 30, 2015, 04:44:14 PM
Dec 2014: 16837.97
Jan 2015: 17374.40
Not much of an increase and mainly due to contributions. Glad to start seeing every one else's numbers.
Post by: frogger on January 30, 2015, 09:08:17 PM
Assets: 39,050
Liabilities: 33,150
Feb. NW: 5900
Jan. NW: 3350
Post by: SpareChange on January 31, 2015, 12:11:37 AM
Post by: McStache on January 31, 2015, 08:12:05 AM
Post by: Middlesbrough on January 31, 2015, 10:53:06 AM
Post by: carozy on January 31, 2015, 05:42:51 PM
Post by: tarheeldan on February 01, 2015, 04:15:58 PM
Broke the 50K mark!
Congratulations! Halfway, woohoo!!
I juuuust missed the mark in Jan but should be there very soon!
Post by: kickel on February 02, 2015, 09:27:41 AM
Post by: ash7962 on February 02, 2015, 11:13:12 AM
Post by: ohyonghao on February 02, 2015, 01:35:00 PM
Great month! Up 6607.29, to just over 40K. Received my 401k match. Worked some OT. Paid off my last student loan. Debt free now :).
Congratulations! Great being debt free. Now you'll be making the interest rather than paying it.
Post by: SpareChange on February 02, 2015, 11:59:46 PM
Great month! Up 6607.29, to just over 40K. Received my 401k match. Worked some OT. Paid off my last student loan. Debt free now :).
Congratulations! Great being debt free. Now you'll be making the interest rather than paying it.
Thanks! It is a great feeling.
Post by: Kananas on February 03, 2015, 01:32:55 AM
This seems like a good group for me. I don't know the exact number of our net worth when this thread was started, but I guess it was somewhere around 30000. At the beginning of Jan 2015 our net worth was 51469 and up 2387 from Dec 2014. I will post our Feb 2015 stats as soon as my latest deposits are shown at my index fund accounts.
I'm hoping to reach that magical 100k at the end of 2016.
Post by: seanc0x0 on February 03, 2015, 10:29:33 AM
I'm hoping to have a much larger contribution next month, as I'll have the parental leave benefits pay from EI and the top-up (to 90% of my salary, I love academia!) from my employer.
Post by: Mazzinator on February 05, 2015, 03:59:00 PM
End of dec
Savings $111k
Student loans -$56k
NW $55k
Current totals..
Savings $114k
SL -$55
NW $59k
Post by: Kananas on February 06, 2015, 01:33:52 AM
53219
up 1750 from Jan.
Looks like I'm little behind you Mazzinator. Checked your previous posts (saw your income) and looks like I'm gonna stay behind you too. :)
Post by: Wiggle on February 06, 2015, 04:29:26 AM
Got paid early and won't be making anymore big financial moves this year so here is my end of December/end of 2014 update:
Cash/Savings: $3,805
Mutual Funds (non-retirement, house savings): $10,240
Work Retirement Accounts: $29,092
NW: $43,137 (increase of $1,101)
End of January update:
Cash/Savings: $3,823
Mutual Funds (non-retirement, house savings): $10,697
Work Retirement Accounts: $31,979
NW: $46,499 (increase of $3,362)
I should have a pretty juicy tax return as well next month (yes I know this indicates I need to adjust my deductions).
Post by: tyler1215 on February 06, 2015, 01:52:58 PM
Post by: Guizmo on February 13, 2015, 06:04:02 PM
Post by: SingleMomDebt on February 13, 2015, 09:25:15 PM
I crossed the 100k mark last month. Woo hoo!Congrats, Guizmo!!
Post by: tarheeldan on February 13, 2015, 10:31:16 PM
I crossed the 100k mark last month. Woo hoo!Congratulations!!
Post by: johnny847 on February 14, 2015, 12:15:18 AM
(These are all end of month figures)
05/13: 33.1k
06/13: 33.3k
07/13: 35.4k
08/13: 35.2k
09/13: 38.1k
10/13: 40.1k (whoo hit 40k!)
11/13: 41.5k
12/13: 44.9k
01/14: 44.7k
02/14: 47.7k
03/14: 50.6k (whoo hit 50k!)
04/14: 53.5k
05/14: 51.4k
06/14: 57.0k
07/14: 61.1k (whoo hit 60k!)
08/14: 61.2k
09/14: 63.5k
10/14: 65.1k
11/14: 67.5k
12/14: 72.7k (whoo hit 70k!)
01/15: 69.8k (damn dipped just below 70k =P)
Some notes:
I pay rent and school fees three times a year: August, January, and May (but not May 2013). Hence, my net worth tends to drop during those months.
I was by Mustachian standards spendy through 12/13. Fortunately, I still spent well within my means.
I found Bogleheads and started investing 03/14. I started being frugal, but not MMM frugal.
I'm pretty sure I found MMM around June 2014. I then raised my frugality to MMM standards.
I got paid quite a bit of overtime June and July 2014.
I was supposed to be paid $2750 in 01/15, but I got paid 12/14 instead, resulting in a sizeable drop in NW 01/15.
So far this month, my NW is $71.5k, mostly because of some nice investment gains but also because of one paycheck.
Post by: ohyonghao on February 17, 2015, 02:01:42 PM
I'll join in. But, I didn't start off at 10k because I received a large gift from my parents once I started grad school 06/13 (though I still had some of my own savings):
(These are all end of month figures)
05/13: 33.1k
06/13: 33.3k
07/13: 35.4k
08/13: 35.2k
09/13: 38.1k
10/13: 40.1k (whoo hit 40k!)
11/13: 41.5k
12/13: 44.9k
01/14: 44.7k
02/14: 47.7k
03/14: 50.6k (whoo hit 50k!)
04/14: 53.5k
05/14: 51.4k
06/14: 57.0k
07/14: 61.1k (whoo hit 60k!)
08/14: 61.2k
09/14: 63.5k
10/14: 65.1k
11/14: 67.5k
12/14: 72.7k (whoo hit 70k!)
01/15: 69.8k (damn dipped just below 70k =P)
Some notes:
I pay rent and school fees three times a year: August, January, and May (but not May 2013). Hence, my net worth tends to drop during those months.
I was by Mustachian standards spendy through 12/13. Fortunately, I still spent well within my means.
I found Bogleheads and started investing 03/14. I started being frugal, but not MMM frugal.
I'm pretty sure I found MMM around June 2014. I then raised my frugality to MMM standards.
I got paid quite a bit of overtime June and July 2014.
I was supposed to be paid $2750 in 01/15, but I got paid 12/14 instead, resulting in a sizeable drop in NW 01/15.
So far this month, my NW is $71.5k, mostly because of some nice investment gains but also because of one paycheck.
Welcome to this thread! There isn't really a requirement on where to start, but the goal is to exceed $100k.
Post by: johnny847 on February 17, 2015, 02:04:19 PM
Welcome to this thread! There isn't really a requirement on where to start, but the goal is to exceed $100k.Oh haha I guess I missed that part.
Depending on how the market does, I'm hoping to hit $100k first quarter next year, but we shall see....
Post by: misschedda on February 26, 2015, 09:14:37 AM
07/14: $29.2k
08/14: $33.3k (big lump paycheck from a previous job)
09/14: $35.5k
10/14: $37.1k
11/14: $39.7k
12/14: $50.4k (second big lump paycheck from previous job, plus stock market runup)
01/15: $51.0k
My progress should usually be more "slow and steady" than this trend implies--my usual monthly increase in net worth should be ~$1.3k.
Post by: hexdexorex on February 26, 2015, 03:55:56 PM
Hi all! I've been lurking for a while and finally decided to throw my hat into the ring for some motivation and accountability. I started tracking my accounts and net worth in Summer 2014.
07/14: $29.2k
08/14: $33.3k (big lump paycheck from a previous job)
09/14: $35.5k
10/14: $37.1k
11/14: $39.7k
12/14: $50.4k (second big lump paycheck from previous job, plus stock market runup)
01/15: $51.0k
My progress should usually be more "slow and steady" than this trend implies--my usual monthly increase in net worth should be ~$1.3k.
Wow great progress I didn't reach that NW till a couple years out of college.
Looking back through my mint history (since 2007) it is amazing how long it takes to get to 100k.
Post by: SpareChange on February 26, 2015, 04:50:48 PM
Post by: ohyonghao on February 26, 2015, 06:36:44 PM
My best month yet! Up $7750, largely due to the boatload of overtime I've had the opportunity to put in. I'll keep digging the gold as long as the mine stays open. ;)
That's great progress! They closed the mine here at my work a long time ago. I'm having a bump this month anyways due to tax return. I adjusted my withholdings at the end of the year last year so I expect to not get anything back next year.
Post by: seanc0x0 on February 27, 2015, 02:41:37 PM
Post by: Pooperman on February 27, 2015, 03:08:03 PM
As predicted, a big increase this month. Jumped up ~25% to $12750! Expecting to go back to the slower, more consistent growth for the next few months.
Awesome! Unexpected things slowed Pitagirl and I down this month. 25% savings rate instead of the usual ~50%. Sad times.
Post by: frogger on February 27, 2015, 07:49:37 PM
Mar. NW: 9300
Next paycheck I should be able to do the 10K happy dance!
Post by: johnny847 on February 27, 2015, 08:47:24 PM
Feb. NW: 5600*raises glass* Here's to next month!
Mar. NW: 9300
Next paycheck I should be able to do the 10K happy dance!
EDIT: Wait you mean January and February, not February and March...?
Post by: johnny847 on February 27, 2015, 08:52:29 PM
Feb 2015: 73.8k (Back over 70k!)
A larger than expected increase this month, with $2200 of rise in net worth coming from my investments (that's 55% of the growth coming from investments).
Post by: frogger on February 27, 2015, 09:04:04 PM
*raises glass* Here's to next month!Oh, yeah, I guess I kind of count forward a bit. Current NW is end of Feb./Mar. 1st number.
EDIT: Wait you mean January and February, not February and March...?
And I get paid in a week, so I'll be back between monthly updates to do the happy dance!
Post by: Pooperman on February 28, 2015, 04:37:33 AM
Post by: Suit on February 28, 2015, 11:30:53 AM
Post by: trailrated on February 28, 2015, 12:24:46 PM
Post by: SingleMomDebt on February 28, 2015, 12:27:59 PM
Will update spreadsheet when I get to my laptop.
Post by: givemesunshine on February 28, 2015, 10:02:14 PM
Hope March is a good month for you all!
Post by: ohyonghao on February 28, 2015, 11:39:12 PM
I hit positive net worth this month!
Congratulations! It gets more intense from that point and you really start to see the numbers grow.
Our numbers for February were bolstered by tax returns coming in, and an appraisal on our house. We'll probably see less increase next month, though a refinance deal will certainly shake things up a bit. Shouldn't hit any negative growth, but hard to saw how all the numbers work out in the end.
Jan: $82,878.52
Feb: $92,666.05
Total Increase: $9,787.53
If these numbers keep up we'll clear $100k mid year.
Post by: SpareChange on February 28, 2015, 11:53:01 PM
I hit positive net worth this month!
Always a great landwark to achieve. Well done!
Post by: SpareChange on February 28, 2015, 11:54:34 PM
Our numbers for February were bolstered by tax returns coming in, and an appraisal on our house. We'll probably see less increase next month, though a refinance deal will certainly shake things up a bit. Shouldn't hit any negative growth, but hard to saw how all the numbers work out in the end.
Jan: $82,878.52
Feb: $92,666.05
Total Increase: $9,787.53
If these numbers keep up we'll clear $100k mid year.
Gettin' close! I hope to be you in another year!
Post by: bokonon on March 01, 2015, 06:58:41 AM
Hard to believe how much progress my family has made since we hit $0 NW in April of 2014. I am hoping for $100k in early to mid summer which is unbelievable.
I wonder how much net worth MMM is directly responsible for helping build through his blog... it has to be millions and always growing. Kind of cool to think about.
This thread is so positive - everyone is doing awesome.. Keep up the good work all!
Post by: Pooperman on March 01, 2015, 07:38:12 AM
Between the stock market doing so well and tons of winter overtime (40 hours of paid OT so far in 2015), February was one of our best months yet!
Hard to believe how much progress my family has made since we hit $0 NW in April of 2014. I am hoping for $100k in early to mid summer which is unbelievable.
I wonder how much net worth MMM is directly responsible for helping build through his blog... it has to be millions and always growing. Kind of cool to think about.
This thread is so positive - everyone is doing awesome.. Keep up the good work all!
Nice! We'll have at least 2 people completing the race this year! I expect to cross the line some time next year.
Post by: johnny847 on March 01, 2015, 09:24:35 AM
My old home computer crashes each time I try to update the spreadsheet, but here are my numbers for February:I recharacterized also! I ended up in the 25% bracket, even after a recharacterization. Regardless, that saved me $1705 for my 2014 taxes (of course, that just means I'll owe tax on this money later...but it should be at a lower rate - Roth conversion pipeline).
Networth: -31,726.00
Slow progress! I did my taxes yesterday and after playing around with the numbers I decided to recharacterize my Roth contributions and then take some of my Emergency Fund to fully fund a Traditional IRA for 2014. Not only am I getting a 1K larger tax refund, but I also got myself into the 15% tax bracket!! I am super excited!!
Post by: johnny847 on March 01, 2015, 01:25:03 PM
My old home computer crashes each time I try to update the spreadsheet, but here are my numbers for February:I recharacterized also! I ended up in the 25% bracket, even after a recharacterization. Regardless, that saved me $1705 for my 2014 taxes (of course, that just means I'll owe tax on this money later...but it should be at a lower rate - Roth conversion pipeline).
Networth: -31,726.00
Slow progress! I did my taxes yesterday and after playing around with the numbers I decided to recharacterize my Roth contributions and then take some of my Emergency Fund to fully fund a Traditional IRA for 2014. Not only am I getting a 1K larger tax refund, but I also got myself into the 15% tax bracket!! I am super excited!!
Woo-hoo! That is awesome! I am not too worried about the taxes later, as you noted. But it was shocking what a difference the recharacterization made! I feel like I just solved the puzzle or something! I know everyone debates the merits of Roth v. Traditional, but I had never actually done the numbers. This year I am maxing my 403B and I am going to try my damnedest to fully fund the Traditional as well. I am trying to take a new perspective on low-interest debt (student loans in my case) and play the long game....
Haha that's basically what happened to me. I mean, I knew that it would be a tax break of 25% fed + 6% state. But until I actually went to calculate my taxes, for me there was a bit of a mental disconnect between a 31% tax deduction, and that 0.31*5500 = $1705.
What's the interest rate on your loans? And congrats on making maxing your 403b a priority! (I would say congrats on maxing your 403b, but it's only March and I assume you haven't done that yet...=P)
Post by: johnny847 on March 01, 2015, 02:04:14 PM
Nice. Yea the numbers don't lie! Though your true after tax student loan interest rate is not 3.1% b/c of the student loan interest deduction (but you have to make sure to keep your AGI under the limit - phaseout of the deduction starts at a MAGI of 65k, and is completely phased out at 80k). By contributing to a traditional 403b or traditional IRA, you will lower your MAGI for the student loan interest deduction.My old home computer crashes each time I try to update the spreadsheet, but here are my numbers for February:I recharacterized also! I ended up in the 25% bracket, even after a recharacterization. Regardless, that saved me $1705 for my 2014 taxes (of course, that just means I'll owe tax on this money later...but it should be at a lower rate - Roth conversion pipeline).
Networth: -31,726.00
Slow progress! I did my taxes yesterday and after playing around with the numbers I decided to recharacterize my Roth contributions and then take some of my Emergency Fund to fully fund a Traditional IRA for 2014. Not only am I getting a 1K larger tax refund, but I also got myself into the 15% tax bracket!! I am super excited!!
Woo-hoo! That is awesome! I am not too worried about the taxes later, as you noted. But it was shocking what a difference the recharacterization made! I feel like I just solved the puzzle or something! I know everyone debates the merits of Roth v. Traditional, but I had never actually done the numbers. This year I am maxing my 403B and I am going to try my damnedest to fully fund the Traditional as well. I am trying to take a new perspective on low-interest debt (student loans in my case) and play the long game....
Haha that's basically what happened to me. I mean, I knew that it would be a tax break of 25% fed + 6% state. But until I actually went to calculate my taxes, for me there was a bit of a mental disconnect between a 31% tax deduction, and that 0.31*5500 = $1705.
What's the interest rate on your loans? And congrats on making maxing your 403b a priority! (I would say congrats on maxing your 403b, but it's only March and I assume you haven't done that yet...=P)
My private loans are variable but are hovering around 3.1% for the last few years. I hope that will remain the trend. I have a 50K balance so it's hard to prioritize investing, but the numbers don't lie! I also have about 90K in federal loans but I am on IBR so reducing my AGI is a double whammy, since my payment on those is based on AGI. I have about 6 years left on PSLF...I know people might yell at me for relying on PSLF, but I think it's the best for me.
This is my first year maxing the 403b....I might reevaluate if loan rates change or circumstances change.
Post by: SpareChange on March 01, 2015, 07:29:36 PM
I wonder how much net worth MMM is directly responsible for helping build through his blog... it has to be millions and always growing. Kind of cool to think about.
This thread is so positive - everyone is doing awesome.. Keep up the good work all!
This. Just looking at the progress made by those who have kept updating is amazing...and it hasn't even been a year since we started this sheet.
Post by: Wiggle on March 05, 2015, 05:20:58 AM
End of January update:
Cash/Savings: $3,823
Mutual Funds (non-retirement, house savings): $10,697
Work Retirement Accounts: $31,979
NW: $46,499 (increase of $3,362)
End of February update:
Cash/Savings: $4,317
Mutual Funds (non-retirement, house savings): $10,703
Work Retirement Accounts: $32,968
NW: $47,988 (increase of $1,489)
Almost to the 50% mark (50k) :) This month I am getting my tax refund which will easily shoot me over the mark and then my normal savings on top of that. It's funny that I had just started making money seriously a couple years ago and even having 100k saved impossible but now I can really see it being attainable.
Post by: misschedda on March 05, 2015, 05:46:52 AM
Post by: tarheeldan on March 05, 2015, 09:53:09 AM
I wonder how much net worth MMM is directly responsible for helping build through his blog... it has to be millions and always growing. Kind of cool to think about.
This thread is so positive - everyone is doing awesome.. Keep up the good work all!
This. Just looking at the progress made by those who have kept updating is amazing...and it hasn't even been a year since we started this sheet.
I know! After a year we should tally up the collective increase in NW that would be sweet to see!
Hi racers! I just put all my info in the spreadsheet. Does it automatically reorder the rows or do I have to do something to trigger that?
Nice! Another in the ranks of Pencil Stash. I don't know if you sorted it but it looks like your data is in the right place now.
Post by: Pooperman on March 05, 2015, 10:30:31 AM
Post by: SpareChange on March 06, 2015, 04:49:33 AM
This. Just looking at the progress made by those who have kept updating is amazing...and it hasn't even been a year since we started this sheet.
I know! After a year we should tally up the collective increase in NW that would be sweet to see!
Agreed!
Post by: johnny847 on March 06, 2015, 07:46:59 AM
This. Just looking at the progress made by those who have kept updating is amazing...and it hasn't even been a year since we started this sheet.
I know! After a year we should tally up the collective increase in NW that would be sweet to see!
Agreed!
Hm....should we start a spreadsheet for this like the cycling challenge? I'd be up for maintaining it.
Post by: queenie on March 06, 2015, 08:30:50 AM
We were at $5,981 on January 1st, and I'm so excited to see that number grow!!
Post by: misschedda on March 06, 2015, 08:44:20 AM
I estimate I'll hit $100k net worth in 12/2016, and $100k invested assets in 1/2017.
Pooperman! We're living parallel lives! We both just got engaged and I'm aiming for $100k net worth 12/2016 as well.
Post by: frogger on March 06, 2015, 09:12:17 AM
Post by: SingleMomDebt on March 06, 2015, 09:16:39 AM
Payday today. I did it! I did it! 10,000 NW! I can officially start the race now, LOL!Congrats Frogger!
Post by: Pooperman on March 06, 2015, 09:17:24 AM
I estimate I'll hit $100k net worth in 12/2016, and $100k invested assets in 1/2017.
Pooperman! We're living parallel lives! We both just got engaged and I'm aiming for $100k net worth 12/2016 as well.
Let me guess, you got your first real job in the summer of 2013 also? You've got a 3 year head start!
Post by: tarheeldan on March 06, 2015, 10:14:35 AM
Is it okay if I jump in and I'm over $10k to start?Yes! Welcome :-) Jump in the spreadsheet too!
Post by: johnny847 on March 06, 2015, 10:30:45 AM
And I'm a complete moron who didn't notice that there is such a spreadsheet in the OP. /face palmThis. Just looking at the progress made by those who have kept updating is amazing...and it hasn't even been a year since we started this sheet.
I know! After a year we should tally up the collective increase in NW that would be sweet to see!
Agreed!
Hm....should we start a spreadsheet for this like the cycling challenge? I'd be up for maintaining it.
Post by: ash7962 on March 06, 2015, 02:06:08 PM
Post by: queenie on March 06, 2015, 02:59:22 PM
Is it okay if I jump in and I'm over $10k to start?Yes! Welcome :-) Jump in the spreadsheet too!
Awesome!! Here are my starting numbers:
Liabilities
Mortgage $153,622.64
Car Loan $19,360.61
Braces $6,120.00
Total Liabilities $179,102.85
Assets and Savings
RESP $2,538.39
RRSP GIC $592.01
TFSA #1 $716.67
TFSA #2 $716.97
Chequing Accounts $806.91
Vacation Pay Accrued $12,442.86
Savings Accounts $4,494.48
Primary Residence $175,000.00
Total Assets and Savings $197,309.29
Net Worth $18,206.44
I'm really feeling motivated now looking at everyone's numbers. I know that there is no way to win this contest and be the first to $100k, but I still want to beat some of you. :) I'm starting to feel hyper aware of how every single penny of inflow and outflow affects this number and impacts us in a very real way. And so I feel really motivated to make sure as much goes in as possible and as little comes out as possible. My personal goal is going to be $50k net worth by the end of 2015.
Post by: tarheeldan on March 06, 2015, 03:56:13 PM
I know that there is no way to win this contest and be the first to $100k, but I still want to beat some of you. :)
We all win :-) This whole thread is full of win!
Post by: queenie on March 06, 2015, 04:14:41 PM
Post by: MoneyRx on March 08, 2015, 02:07:16 PM
Post by: Kananas on March 09, 2015, 02:05:56 AM
Net worth 6th of Feb:
53219
up 1750 from Jan.
Net worth 6th of Mar:
56762
up 2335 from Feb.
I forgot one 1200+ account from last months calculations, so last months net worth was really 54427.
Post by: SpareChange on March 09, 2015, 02:51:57 AM
Damn it, all these new contestants are making me drop like a rock in the spreadsheet, I was on 12 just a few days ago, now I'm on 17.
I guess I'll have to step up my game. :p
Murphy's Law of the Spreadsheet...every contestant that joins after you will have a larger starting NW than your current one :).
A hearty welcome to all the new rows on the 'sheet!
Post by: MoneyRx on March 09, 2015, 09:46:57 AM
Damn it, all these new contestants are making me drop like a rock in the spreadsheet, I was on 12 just a few days ago, now I'm on 17.
I guess I'll have to step up my game. :p
Murphy's Law of the Spreadsheet...every contestant that joins after you will have a larger starting NW than your current one :).
A hearty welcome to all the new rows on the 'sheet!
That and the law of averages that if you are near the bottom (and below the stated start of 10k), others joining will likely be ahead of you. Just more motivation though!
Post by: Pooplips on March 09, 2015, 10:23:41 AM
Time to join:
3/9/15 - PC Net Worth $53,877
Post by: xander92 on March 12, 2015, 03:22:10 PM
PC net worth: $12,368
Cash: $4.0k
Investments: $18.1k
Credit: -$0.46k
Student Loan: -$9.3k
Post by: FIPurpose on March 12, 2015, 04:28:04 PM
Post by: ohyonghao on March 12, 2015, 05:56:04 PM
I like the way people are encouraging in this thread so I'd like to join. I've said elsewhere on this forum that I expect to hit 100k in investments this year. Right now we're floating around $64k. Down about 1.5k from the recent stock slip. Looking to put away about $5200 a month. So we're hoping to hit our goal around September time.
Welcome to the thread! We've experienced a little setback this month too with the stock market fluctuation, abnormally high from last month due to tax refund, and an unexpected dental emergency that is leading to a trip to Taiwan now. But $5200/mo, that's awesome!
Post by: SpareChange on March 13, 2015, 07:02:50 PM
Welcome to the thread! We've experienced a little setback this month too with the stock market fluctuation, abnormally high from last month due to tax refund, and an unexpected dental emergency that is leading to a trip to Taiwan now. But $5200/mo, that's awesome!
Sorry to hear that. Hope it's not too serious.
Post by: Runningtuff on March 13, 2015, 11:19:01 PM
Everyday: 300
Emergency fund: 5100
Retirement: 12,000
Student loan: -800 (0%)
Net worth: $16600
Post by: Wiggle on March 20, 2015, 04:39:05 AM
End of February update:
Cash/Savings: $4,317
Mutual Funds (non-retirement, house savings): $10,703
Work Retirement Accounts: $32,968
NW: $47,988 (increase of $1,489)
Done moving moving around for this month so time for another snapshot, end of March:
Cash/Savings: $8,271
Mutual Funds (non-retirement, house savings): $10,756
Work Retirement Accounts: $33,506
NW: $52,533 (increase of $4,545):)
Big increase this month thanks to a ridiculous tax return (I will adjust for next year) and some lower expenditures. I am now over half way to the 100k mark!
Post by: tarheeldan on March 20, 2015, 04:48:29 AM
I am now over half way to the 100k mark!
Congratulations!
Post by: misschedda on March 31, 2015, 06:47:16 AM
Post by: givemesunshine on March 31, 2015, 05:17:23 PM
I'm down as expected due to medical expenses - they're all paid off now so the only way is up (I hope)!
My retirement savings (not included in this challenge) are doing well so my true NW is moving along nicely.
Good luck to all!
Post by: johnny847 on March 31, 2015, 11:04:31 PM
Jan 2015: 69.8k
Feb 2015: 73.8k (Back over 70k!)
A larger than expected increase this month, with $2200 of rise in net worth coming from my investments (that's 55% of the growth coming from investments).
March 2015: 76.6k
Had a good month.
Found a new place to live that will cut my housing costs in half. That starts May 1st.
Post by: tarheeldan on April 01, 2015, 04:42:08 AM
Found a new place to live that will cut my housing costs in half. That starts May 1st.
Badass! That'll speed your way to the finish line
Post by: johnny847 on April 01, 2015, 07:10:23 AM
Found a new place to live that will cut my housing costs in half. That starts May 1st.
Badass! That'll speed your way to the finish line
Oh hell yes. I'm pretty excited to be moving out =)
It involves a 8.8 mile RT bike commute, which I'm also excited about. That's over 2000 miles that I will put on my bike from just commuting!
Post by: Pooplips on April 01, 2015, 09:44:09 AM
Time to join:
3/9/15 - PC Net Worth $53,877
4/1/2015 - $60,080.00
Big jump from that bonus money.
Post by: seanc0x0 on April 01, 2015, 11:11:07 AM
Post by: tarheeldan on April 01, 2015, 12:45:20 PM
Post by: ohyonghao on April 01, 2015, 01:47:42 PM
Do we have any graduates yet? Where's ohyonghao?Just getting in the numbers for March. Due to refinancing and a dental emergency we went down a little bit in net worth. As the refinance settles out with getting the escrow payment back, skipping a month in payments, and having $400 extra going from interest to principal every month we should see our net worth savings accelerate again.
Feb: $92,666.05
Mar: $88,667.04
Total Increase: -$3,999.01
Post by: SpareChange on April 01, 2015, 11:49:07 PM
Jan 2015: 69.8k
Feb 2015: 73.8k (Back over 70k!)
A larger than expected increase this month, with $2200 of rise in net worth coming from my investments (that's 55% of the growth coming from investments).
March 2015: 76.6k
Had a good month.
Found a new place to live that will cut my housing costs in half. That starts May 1st.
Nice! You'll be @ 100k in no time. My own rent goes up 5% in June unfortunately.
Post by: Pooperman on April 02, 2015, 06:45:45 AM
Aw shucks, my 3/31 401k contribution didn't land until 4/1 - you'll see it in next month's figure ;)
I always count things as they've been paid for. When I got paid on 3/31, the 401k and HSA won't hit until around 4/6, but I count it because the money has been sent that direction as of 3/31.
Post by: SMCx3 on April 02, 2015, 07:02:13 AM
Appreciate the post!
Post by: frogger on April 02, 2015, 08:56:50 AM
Feb 28, 2015: 9300
Mar 31, 2015: 12,650
Up 3350 from last month.
Up 23,650 from last year.
Post by: johnny847 on April 02, 2015, 09:06:48 AM
I always count things as they've been paid for. When I got paid on 3/31, the 401k and HSA won't hit until around 4/6, but I count it because the money has been sent that direction as of 3/31.
I've been debating that. I use my own home-brewed software, and I mark transactions as "posted" when they are "finished." So the money I spent on 3/31 at the grocery store on my Amex wasn't counted in my 3/31 net worth figure. It doesn't show up on the special report I have for that, because they weren't yet marked as "posted." Same with the 401k numbers. For consistency, I think I'm stuck waiting until I mark them.
EDIT: Plus point of interest... last quarter, big dividend payout went into Betterment investment/retirement 12/31, but this month it's going in ~today (i.e. late.)
Heh. I use a slightly different approach. My rule is that anything that has tax implications must be tax accurate. Which usually means I need to use the post date.
But for purchases there are no tax implications (at least, not for me - I think this might matter if I owned a business or something). So for purchases I usually go by transaction date, not post date.
It really doesn't matter how you do it so long as you keep it consistent and it is providing you data the way you want to use it.
Post by: tarheeldan on April 02, 2015, 09:16:16 AM
Combined NW increase: $715,151.15
Post by: Pooperman on April 02, 2015, 09:43:23 AM
I always count things as they've been paid for. When I got paid on 3/31, the 401k and HSA won't hit until around 4/6, but I count it because the money has been sent that direction as of 3/31.
I've been debating that. I use my own home-brewed software, and I mark transactions as "posted" when they are "finished." So the money I spent on 3/31 at the grocery store on my Amex wasn't counted in my 3/31 net worth figure. It doesn't show up on the special report I have for that, because they weren't yet marked as "posted." Same with the 401k numbers. For consistency, I think I'm stuck waiting until I mark them.
EDIT: Plus point of interest... last quarter, big dividend payout went into Betterment investment/retirement 12/31, but this month it's going in ~today (i.e. late.)
Heh. I use a slightly different approach. My rule is that anything that has tax implications must be tax accurate. Which usually means I need to use the post date.
But for purchases there are no tax implications (at least, not for me - I think this might matter if I owned a business or something). So for purchases I usually go by transaction date, not post date.
It really doesn't matter how you do it so long as you keep it consistent and it is providing you data the way you want to use it.
It comes down to when your net worth actually changes vs when taxes are calculated. Example: you buy a 10lb bag of rice, like the mustachian you are, on 12/31. You've agreed to buy it at the given price, so you have a debt to the store (your net worth has changed). It doesn't post until 1/2, so as far as taxes go, that's the date to use. Net worth date is 12/31, tax date is 1/2.
As you said, consistency and personal preference.
Post by: Suit on April 02, 2015, 07:16:05 PM
Just for kicks - for the 25 people on the spreadsheet that have a starting May, 2014 NW and a current March, 2015 NW:
Combined NW increase: $715,151.15
This is just awesome! Thank you for calculating it, I can't wait to see what we all can do with another 2 months!
Post by: FIPurpose on April 04, 2015, 06:21:49 PM
I like the way people are encouraging in this thread so I'd like to join. I've said elsewhere on this forum that I expect to hit 100k in investments this year. Right now we're floating around $64k. Down about 1.5k from the recent stock slip. Looking to put away about $5200 a month. So we're hoping to hit our goal around September time.
April 1 ~71k
Looking to hit about 76 by EOM. And SO's bonus review should be coming soon. Fingers crossed!
Post by: starterstache on April 05, 2015, 12:27:47 PM
Post by: JLee on April 20, 2015, 12:48:33 PM
I just started MMM-ing in January- curious how quickly I'll reach 100k!
Post by: Middlesbrough on April 20, 2015, 02:26:33 PM
Post by: tarheeldan on April 20, 2015, 02:31:16 PM
Post by: SpareChange on April 24, 2015, 12:49:03 AM
I might be at 50k now! I am waiting to get information on a mutual fund I opened when I was a kid, so I am hoping there's a couple thousand in there. Other investments just crossed 35k and I have about $13k liquid (should drop more into Vanguard, but I may use it to float living expenses so I can max my 401k this year). :)
I just started MMM-ing in January- curious how quickly I'll reach 100k!
Cool. Halfway there! I hit 50k just last month myself. :)
Post by: JLee on April 24, 2015, 11:33:36 AM
Post by: Two9A on April 24, 2015, 02:04:37 PM
- I'm in England, so figures will need to be in pounds instead;
- I'm also rewinding a month or two, because I started climbing past 10k in February;
- I'm not counting payments against my mortgage principal, just investments.
Mar 1: 13k.
Apr 1: 15k, hitting the tax-free savings limit for the year.
Apr 6: 33k, by taking excess cash out of the LLC, filling the limit for the next financial year.
I might need to open up a taxable account...
Post by: Hey It's Me on April 25, 2015, 06:18:04 AM
Post by: JLee on April 25, 2015, 01:58:11 PM
Just hit $10K - hoping to be at $40K by end of 2015.Awesome - congratulations!
Post by: Eristheunorganized on April 25, 2015, 02:37:11 PM
Post by: tomita on April 25, 2015, 05:12:13 PM
(47600 invested
21500 SL
10300 credit card debt)
Post by: Hey It's Me on April 25, 2015, 06:38:17 PM
6/30/2014: -$6922
7/31/2014: $2291
8/31/2014: $5896
9/30/2014: $11,201
10/31/2014: $14,610
11/30/2014: $21,534
12/31/2014: $24,703
1/31/2015: $22,583
2/28/2015: $27,906
Ah yes back in the right direction. Despite a nearly $1400 repair, I'm doing well. Holiday bonus and a separate company wide bonus gave me a little edge. S.O. has paid me back some for our trip plans. New 401k kicked in and I bumped up my HSA contributions. Also got a big credit card bonus. ($200 from Chase.)
How cool is it to see your net worth increase by over $35K in just 8 months? Imagine if someone had a summary of your life to date; they would be scratching their heads about what happened in June of 2014. Ha!
Post by: SpareChange on April 26, 2015, 10:49:18 PM
Just hit $10K - hoping to be at $40K by end of 2015.
Excellent.
Post by: SpareChange on April 26, 2015, 10:51:41 PM
I just hit 40k, which is more money than I've ever made in a year. Every 10k feels great to a lower income earner like me.
It should feel great! Awesome job!
Post by: celticmyst08 on April 28, 2015, 11:58:40 AM
Post by: misschedda on April 28, 2015, 12:34:03 PM
It's going to dip for awhile, though, because in May we are paying ~$3k for tuition, and then another ~$6k in the fall, with a continual $1700/month being saved for future tuition (through 2017). $1500-$2000/month or so will be going to investments. We originally wanted to have $50k invested by the end of the year but with school I'm not sure that's feasible unless the stock market does insanely well. :P I think we'll shoot for $40k. I'll be pretty happy if we can pull that off. :)
Welcome! And it's nice to know that tuition is also an investment in human capital, so at least that money you aren't putting into investments is still working to make you richer!
Post by: celticmyst08 on April 28, 2015, 02:55:40 PM
Honestly I'm just super happy we don't have to take out any more student loans. We have about $4500 left on my husband's student loan and then we'll be free and clear.
Post by: SpareChange on April 30, 2015, 11:07:56 AM
Post by: misschedda on April 30, 2015, 11:13:07 AM
Hey guys! Up about $4k. I opened an HSA this month and funded it for the year. Nothing else too special about April...just steady as as she goes. OT dried up for this month, unfortunately. Hope everyone did well!
Wow SpareChange! In the past two months you sped right past me. Keep up the good work.
Post by: tarheeldan on April 30, 2015, 11:18:09 AM
Up about $4k. I opened an HSA this month and funded it for the year.$4k is awesome! NW +7.4% Good stuff!
Post by: tarheeldan on April 30, 2015, 11:20:23 AM
Wow SpareChange! In the past two months you sped right past me. Keep up the good work.
You had a sweet 6.3% jump too!
Post by: seanc0x0 on April 30, 2015, 02:49:54 PM
Post by: ohyonghao on April 30, 2015, 05:19:08 PM
March: $88,667.04
April: $94,786.61
+$6119.57
Will be out of country for 2 weeks which might stifle our progress. One thing that held us back this month was paying next months mortgage early due to testing out a new system and not wanting to muck up our mortgage payment. Figure if we do it a few weeks early if anything goes wrong we have that much more time to fix the issue.
Hoping by July we'll break $100k! (May is a 5th paycheck month, so that should help bolster our reserves :-)).
Post by: frogger on April 30, 2015, 05:33:31 PM
Apr 30, 2015: 15,750
Up 3100 from last month.
Post by: tarheeldan on May 01, 2015, 05:25:53 AM
Hit 70k last month, 14.14% to FI and hoping to hit 100k by EOY :-)
Post by: misschedda on May 01, 2015, 09:58:22 AM
Hit 70k last month, 14.14% to FI and hoping to hit 100k by EOY :-)
Hoping by July we'll break $100k! (May is a 5th paycheck month, so that should help bolster our reserves :-)).
Psyched to see the first graduates of this challenge!
Post by: celticmyst08 on May 01, 2015, 11:33:21 AM
April: $34,384
+12.7%!! Woohoo!!
Post by: SpareChange on May 01, 2015, 11:55:49 AM
$4k is awesome! NW +7.4% Good stuff!
Wow SpareChange! In the past two months you sped right past me. Keep up the good work.
Thanks for being so supportive. I'll try to keep it up! Glad to see you guys doing so well too.
Post by: Pooplips on May 01, 2015, 12:07:57 PM
3/9/15 - PC Net Worth $53,877
4/1/2015 - $60,080.00
5/1/2015 - $63,589.00
The climb continues!
Post by: Middlesbrough on May 01, 2015, 03:12:04 PM
Post by: Hey It's Me on May 03, 2015, 10:10:22 PM
Post by: Wiggle on May 04, 2015, 05:57:28 AM
Paid for some car repairs this month and a little bit of indulgence too. Nothing too crazy but going to tighten down a bit this month.
Done moving moving around for this month so time for another snapshot, end of March:
Cash/Savings: $8,271
Mutual Funds (non-retirement, house savings): $10,756
Work Retirement Accounts: $33,506
NW: $52,533 (increase of $4,545):)
Big increase this month thanks to a ridiculous tax return (I will adjust for next year) and some lower expenditures. I am now over half way to the 100k mark!
Beginning of May update:
Cash/Savings: $7,772
Mutual Funds (non-retirement, house savings): $10,686
Work Retirement Accounts: $35,726
NW: $54,184 (increase of $1,651)
Post by: Apples on May 04, 2015, 07:40:56 AM
Post by: tarheeldan on May 04, 2015, 08:45:20 AM
Post by: lpep on May 04, 2015, 08:12:19 PM
Post by: tlps on May 06, 2015, 04:04:07 PM
My starting point as @ 6 May 2015
Credit Cards: -£7680.22
Checking & savings account: £2785.19
Company Pension plan: £7148.73
Personal pension account: balance unknown - will be transferring balance to other pension if possible??
Net worth: £2253.70 (i have put this amount in the end of Apr column on the spreadsheet - hope this is correct - if not please move to right place!)
First goal is to pay off the credit cards, then start saving........ good luck everyone
Post by: JLee on May 07, 2015, 11:59:51 AM
Current-
$3000.26 - Franklin Templeton
$2809.98 - ESP
$24,982.41 - tIRA
$8,215.80 - 401k
~$11k liquid
I just crossed $50k! Halfway there! I have $1461.50/mo going to my 401k right now, so I should be pushing $60k easily by the end of the year.
I'm not counting house equity or cars, but if I did I'd be getting really close to 100k!
Post by: tarheeldan on May 07, 2015, 12:02:15 PM
Post by: givemesunshine on May 12, 2015, 10:02:47 PM
Post by: SpareChange on May 12, 2015, 11:10:15 PM
Slowly making headway - more medical expenses last month ($5K) so happy I could absorb them and still make some savings. Hopefully only $1K more to outlay and then I can save, save, save!
I feel ya on the medical expenses. Glad you've almost got them in the rear view mirror.
Post by: Pooperman on May 13, 2015, 04:15:51 AM
Post by: tarheeldan on May 13, 2015, 04:36:39 AM
Post by: Pooperman on May 13, 2015, 05:16:47 AM
Congratulations on the new job, Pooperman!
Thank you! New commute should be about ththe same, but working hours should be less in addition to the bump in salary. It will also allow me to do consulting on the side where I was forbidden from doing so due to the job I currently hold. I'll be glad when the wedding stuff is over. So much money spent on stuff (invitations, dress, suit, DJ, rings, etc). We're still positive most months (this one may be an exception), but our expenses would be lower if we weren't spending $500 every month on wedding related stuff. :/ hopefully the result of the wedding is a decent addition to our stache and the start of a downpayment fund for a house/rental.
Post by: SpareChange on May 13, 2015, 09:15:36 AM
Thank you! New commute should be about ththe same, but working hours should be less in addition to the bump in salary. It will also allow me to do consulting on the side where I was forbidden from doing so due to the job I currently hold. I'll be glad when the wedding stuff is over. So much money spent on stuff (invitations, dress, suit, DJ, rings, etc). We're still positive most months (this one may be an exception), but our expenses would be lower if we weren't spending $500 every month on wedding related stuff. :/ hopefully the result of the wedding is a decent addition to our stache and the start of a downpayment fund for a house/rental.
More money for less work. Good deal!! That should 'roid up the ole stash in short order.
Post by: Treesworth on May 20, 2015, 11:35:42 PM
I have just recently started my path to FIRE: $14,556 31/3/2015,$16,002.42 30/4/2015. Projecting a finishing date around... end of 2018.
Post by: ash7962 on May 21, 2015, 09:29:13 AM
Post by: jooles on May 21, 2015, 09:50:10 AM
Does anyone have a goal for when they are trying to reach 100k?
Post by: seanc0x0 on May 21, 2015, 02:57:20 PM
I suppose I should be glad that thanks to saving up, I only have to hit my line of credit for about 40% of the total cost, but the idea of paying interest again grates. So I guess I'll be ploughing the money I've been investing into that to get it out ASAP. Just a minor setback, really, but irritating none the less.
Post by: FoundPeace on May 22, 2015, 11:48:53 AM
Sadly it will take me a few more years to reach $100k because I'm planning on sinking about $50k into a down payment for a house next year.
Post by: tarheeldan on May 22, 2015, 11:56:54 AM
Are you talking about net worth or the specific balance of a savings or investment account?
Does anyone have a goal for when they are trying to reach 100k?
Not everyone's racing the same way, I'm going by NW, and I know at least one or two others are going by investment accounts only
I think I'll be there in 2016Q1 but hoping to get as close as possible by the end of the year :-) I would hope new racers keep joining all the time, so there's always someone near your starting point to race against and people ahead to try to catch up to!
It's been a busy month, but I just crunch my numbers from April: $50,742.21. I passed 50k! Halfway there
Congratulations, FoundPeace! I don't see why buying the home would slow your progress too much though, you'd count home value less loan value in your NW number right?
Post by: KzooKendrick on May 24, 2015, 10:39:50 AM
I've been tracking my net worth since I had to start paying back student loans in October 2012. Started at ($3,185) and am currently at $27,713.
I'm definitely joining this challenge and have already updated my information in the spreadsheet! My goal is to hit $100K NW by mid 2017. Love this "competition"!
Post by: khotte on May 24, 2015, 10:52:19 AM
Post by: Pooperman on May 24, 2015, 11:10:03 AM
Post by: SpareChange on May 25, 2015, 12:10:12 AM
My own goal is to hit 100k by Feb 1, 2016. Difficult, but achievable I think.
Post by: FoundPeace on May 28, 2015, 11:54:40 AM
Congratulations, FoundPeace! I don't see why buying the home would slow your progress too much though, you'd count home value less loan value in your NW number right?
tarheeldan, that's a good idea. I've been trying to figure out a good way to deal with the mortgage and home values. I have been thinking about just counting my housing as an expense rather than an asset; I have a hard time counting my equity and mortgage as a part of my net worth because that is money that I will likely never see again.
Post by: tarheeldan on May 28, 2015, 01:50:31 PM
My personal preference would be to include it.
So the home equity doesn't produce the X% real ROR that we hope invested assets will average out to. Instead, it'll keep up with inflation probably - but I don't see that as a reason not to count it. It's part of your total portfolio, right? So you pick your asset allocation including this chunk of very high specific risk, extra illiquid, likely 0% real return (I'm just teasing here) real estate. It would be weird to ignore a large chunk of your wealth in your asset allocation.
At any time you could theoretically sell the home for equity less transactions costs and then buy up some VTSAX.
Post by: ash7962 on May 28, 2015, 02:02:59 PM
Post by: Treesworth on May 28, 2015, 06:19:09 PM
Post by: SpareChange on May 29, 2015, 11:08:58 AM
Looking towards recording end of month NW and it looks like I've gone backwards. I'm pretty bummed, its the first time I've experienced a backward step. The worst part is that it is not any special expenses or changed spending. It's just a spike in my investments at the end of last month and a drop this month combined with the timing of my pay. Hopefully the market stays down a bit and I can get a boost with a 3 pay check month.
Sounds like you'll be fine. Nothing to worry about. Investing is a marathon, not a sprint, as much as we would love it to be at times :).
Up 5k for May. OK for a 3 paycheck month with renter's and auto insurance due.
Post by: TonyPlush on May 29, 2015, 08:41:41 PM
So close...
Post by: bokonon on May 30, 2015, 04:17:47 AM
I should mention the number I put in here is the combined net worth of my wife and myself. We have totally merged finances so this is how I think of my net worth. I also count the cash I am saving for a home down payment, and if I had a home I would probably count equity minus transaction costs because you could get that money out if you required it. I don't count my cars because if I sold one I would have to replace it immediately.
Post by: tarheeldan on May 30, 2015, 05:50:36 AM
Treesworth - no worries! At some point stocks will *really* go on sale and NW will drop, but with share balances still increasing it'll be sweet on the upswing
Post by: Pooperman on May 30, 2015, 06:07:40 AM
This month marks the end of one year of this challenge. How did you all fare? For me, I went from ~$8k to ~$36k. At this rate, it would take me 2 more years to hit $100k, but compounding should cut that down to about 1.5 years provided the market doesn't explode (about 50% chance it will). Of the $36k, about $24k is investments, so it won't compound as quickly as others who are taking this challenge with investments only.
Post by: fb132 on May 30, 2015, 06:31:51 AM
January 1st 2012 net worth: 14 481.83$
January 1st 2013 net worth: 28 918.47$ Difference from the previous year: +14 436.64$
January 1st 2014 net worth: 45 459.98$ Difference from the previous year: +16 541.51$
January 1st 2015 net worth: 57 617.73$ Difference from the previous year: +12 157.75$
May 29th 2015 net worth: 69 810.94$ Difference between January1st 2015 net worth and May 29th): +12 193.21$
How much I need to reach 100K$: 30 189.06$
I started learning about MMM and saving more aggressively at the end of 2014 and it shows, I already amassed 12K$ in the last 5 months, so I am pretty confident I will save a minimum 7 K$ (as long as my investments don't go down) by the end of the year which would easily break my personal best of saving up 16K$ in one year in 2013. If things go well, I should hit 100K$ by 2017 (Hopefully before, but it all depends on how the stock mrket behaves in the next 2 years and if I don't get hit with high unexpected expenses). I am proud of myself, because I never thought I would ever come close of reaching it, especially with my low salary.
I just can't wait to hit the 100K$, hopefully the following 100K$ won't be as long.
For those who hit 100K$, how did you celebrate that achievement, I am planning to celebrate it by buying myself a treat, 2 lobsters to eat (I love eating lobster, but so expensive) :)
Post by: Pooperman on May 30, 2015, 06:39:59 AM
This is a cool thread and a good motivator too to reach 100K$ ASAP. Now let's see my numbers. I have written down my networth since January 1st 2012,so I would say I had started really saving in 2011, before that my net worth hovered around 0$, I would never go in debt, but I wouldn't be saving anything really except by putting 25$ per month in my retirement account which is peanuts. Here are some stats:
January 1st 2012 net worth: 14 481.83$
January 1st 2013 net worth: 28 918.47$ Difference from the previous year: +14 436.64$
January 1st 2014 net worth: 45 459.98$ Difference from the previous year: +16 541.51$
January 1st 2015 net worth: 57 617.73$ Difference from the previous year: +12 157.75$
May 29th 2015 net worth: 69 810.94$ Difference between January1st 2015 net worth and May 29th): +12 193.21$
How much I need to reach 100K$: 30 189.06$
I started learning about MMM and saving more aggressively at the end of 2014 and it shows, I already amassed 12K$ in the last 5 months, so I am pretty confident I will save a minimum 7 K$ by the end of the year which would easily break my personal best of saving up 16K$ in one year in 2013. If things go well, I should hit 100K$ by 2017 (Hopefully before, but it all depends on how the stock mrket behaves in the next 2 years and if I don't get hit with high unexpected expenses). I am proud of myself, because I never thought I would ever come close of reaching it, especially with my low salary.
I just can't wait to hit the 100K$, hopefully the following 100K$ won't be as long.
For those who hit 100K$, how did you celebrate that achievement, I am planning to celebrate it by buying myself a treat, 2 lobsters to eat (my favorite dish) :)
If you celebrate hard enough, you can relive hitting that $100k over and over again... with more celebrations each time!
Post by: ohyonghao on May 30, 2015, 10:10:07 AM
For those who hit 100K$, how did you celebrate that achievement, I am planning to celebrate it by buying myself a treat, 2 lobsters to eat (I love eating lobster, but so expensive) :)
I'll let you know in a couple days :-D
Post by: Suit on May 30, 2015, 12:41:59 PM
This month marks the end of one year of this challenge. How did you all fare?
I'm up about $48k since this started! At this rate I'll likely see 100k NW in 2017.
Post by: McStache on May 30, 2015, 03:16:29 PM
Post by: bye-bye Ms. FancyPants on May 30, 2015, 05:05:05 PM
Post by: SpareChange on May 30, 2015, 09:24:25 PM
I'll let you know in a couple days :-D
Haha. Quite fitting for the 1 year anniversary of the 'sheet. Congratulations!! :)
This month marks the end of one year of this challenge. How did you all fare? For me, I went from ~$8k to ~$36k. At this rate, it would take me 2 more years to hit $100k, but compounding should cut that down to about 1.5 years provided the market doesn't explode (about 50% chance it will). Of the $36k, about $24k is investments, so it won't compound as quickly as others who are taking this challenge with investments only.
I actually started tracking my NW in June, but the one year increase should be 53-54K, about 10k more than I thought I could muster!
Post by: Hey It's Me on May 31, 2015, 07:20:58 AM
Post by: tlps on May 31, 2015, 09:07:34 AM
from £2326.44 to £3087.92 increase of 32.7%.........3.1% of the way to £100k
Post by: SpareChange on May 31, 2015, 10:04:12 AM
Just graduated this Thursday, and ended May with a $16.5K net worth, an increase of roughly 4.1K per month since I started working in February. My salary is 3.5K per month gross... It's been a good first half of the year!!
Excellent start. Congrats on graduating!
Post by: Hey It's Me on May 31, 2015, 11:16:39 AM
Just graduated this Thursday, and ended May with a $16.5K net worth, an increase of roughly 4.1K per month since I started working in February. My salary is 3.5K per month gross... It's been a good first half of the year!!
Excellent start. Congrats on graduating!
Thank you! All thanks to MMM and the community :D
Post by: Wiggle on June 01, 2015, 04:54:31 AM
Beginning of May update:
Cash/Savings: $7,772
Mutual Funds (non-retirement, house savings): $10,686
Work Retirement Accounts: $35,726
NW: $54,184 (increase of $1,651)
Beginning of June update:
Cash/Savings: $7,698
Mutual Funds (non-retirement, house savings): $10,651
Work Retirement Accounts: $37,383
NW: $55,732 (increase of $1,548)
Post by: Pooperman on June 01, 2015, 05:15:46 AM
Post by: Pooplips on June 01, 2015, 06:38:39 AM
3/9/15 - PC Net Worth $53,877
4/1/2015 - $60,080.00
5/1/2015 - $63,589.00
6/1/2015 - $65,962.00
Post by: ohyonghao on June 01, 2015, 10:17:51 AM
---
4/30/15: $94,786.61
5/31/15: $100,323.89
Monthly Increase for May: $5,537.28
Yearly Increase since last May: $52,269.80
I more than doubled my net worth in a year. Here's to doing it again this year :-D
It was close this month, we had 2 weeks in Taiwan visiting family. A fifth paycheck last month helped to boost us over the 100k mark while also making an early payment on our mortgage. I could have delayed the payment a couple days and boosted our numbers more, but I did enjoy the drive to reduce spending more knowing that I had only $x before dipping below $100k.
For celebration, well, we didn't really plan anything ahead of time, but I did have a beer at a restaurant while singing to myself:
"I'm mister fancy pants with a networth of $100k,
I'm mister fancy pants, sipping a $6 beer
which I could have bought at the store for $1.50
ohhhhhh, yeahhhh
I'm mister fancy pants."
But really, how do people justify getting not just one beer, but multiple beers at a restaurant, which I did witness there? And not just on a special occasion, like hitting a new high on net worth, but at nearly every dinner out? I couldn't stop thinking of the fact that I could nearly have bought a 6 pack for the price of a single beer, and at one table the cost of their drinks was more than our meal, which we also took home and had for dinner with some rice and veggies that night.
Congratulations to everyone else who has been building their net worth. It's been an amazing year to watch all these numbers going up, and the encouragement every month seeing people reach for new heights.
Post by: seanc0x0 on June 01, 2015, 10:29:32 AM
Small but respectable increase this month, given all the things trying to suck up my gains. Up by ~$650 to $17 750, a gain of about 3.15%.
I've been trying to cut expenses without overly impacting the stuff I enjoy, but man is it getting hard. Especially with my wife on mat leave, the free cash flow is pretty tight.
Also, congrats ohyonghao for 'graduating'!
Post by: tarheeldan on June 01, 2015, 12:01:04 PM
5/31/15: $100,323.89
Congratulations to everyone else who has been building their net worth. It's been an amazing year to watch all these numbers going up, and the encouragement every month seeing people reach for new heights.
Congratulations, ohyonghao!!!
Post by: tarheeldan on June 01, 2015, 07:19:03 PM
This month marks the end of one year of this challenge. How did you all fare?
Net Worth went up 45k this year, and now over 14% of the way towards FI!
Post by: Suit on June 01, 2015, 07:28:39 PM
4/30/15: $94,786.61
5/31/15: $100,323.89
Woot! Well done! Plan to join the 100k-250k posting now?
Post by: celticmyst08 on June 02, 2015, 10:14:43 AM
5/31/14: $48,054.09
---
4/30/15: $94,786.61
5/31/15: $100,323.89
CONGRATS!! What an awesome achievement!
Our May numbers are in and:
March: 33,929.50, +11.15%
April: 36,544.04, +7.71%
May: 38,327.20, +4.88%
Our increase this month wasn't as big as I would have liked, but we paid ~$3k in tuition, so that's an expense that's worth it. :)
I had to go back and revise our NW for the year so far since I was getting conflicting numbers based on which software I used. I ended up just making a spreadsheet to track it manually. The March/April numbers I posted here previously were actually too low.
Next month we'll definitely hit the big 4-0! Exciting!
Post by: Wiggle on June 03, 2015, 05:51:15 AM
Seems to be very consistent wiggle!
Thanks :) My month to month comes in pretty consistent but would still love to improve things especially after seeing the month to month progress some others in this thread are making.
Post by: Pooperman on June 03, 2015, 07:27:40 AM
Seems to be very consistent wiggle!
Thanks :) My month to month comes in pretty consistent but would still love to improve things especially after seeing the month to month progress some others in this thread are making.
Fiancee and I are gaining about what you are every month. It's about $2000 +/- market gains/losses. I think I will have some free time to devote to some side work in a couple of months that might help increase this number, but we'll see of course :).
Post by: tarheeldan on June 04, 2015, 11:00:15 AM
my networth has gone from -$52745 to -$23,782.18 in one year!
Stashing just around 29k in a year is awesome! Congrats!
Post by: tarheeldan on June 04, 2015, 11:03:05 AM
In the year ending May 31, 2015 the 30 'stachers with up-to-date NW in the spreadsheet:
Cumulatively stashed $1,089,612.54 !!!
The most improved (largest absolute increase) goes to bokonon (83,473)!
The average (mean) increase was 36,320.42
The median increase was just a hair lower at 32,476.67
Post by: link_417 on June 04, 2015, 11:59:24 AM
Stats time!
In the year ending May 31, 2015 the 30 'stachers with up-to-date NW in the spreadsheet:
Cumulatively stashed $1,089,612.54 !!!
Congrats to everyone! I look forward to joining the race January 1.
Post by: khotte on June 05, 2015, 08:37:05 AM
5/31/14: $48,054.09
---
4/30/15: $94,786.61
5/31/15: $100,323.89
Monthly Increase for May: $5,537.28
Yearly Increase since last May: $52,269.80
I more than doubled my net worth in a year. Here's to doing it again this year :-D
It was close this month, we had 2 weeks in Taiwan visiting family. A fifth paycheck last month helped to boost us over the 100k mark while also making an early payment on our mortgage. I could have delayed the payment a couple days and boosted our numbers more, but I did enjoy the drive to reduce spending more knowing that I had only $x before dipping below $100k.
For celebration, well, we didn't really plan anything ahead of time, but I did have a beer at a restaurant while singing to myself:
"I'm mister fancy pants with a networth of $100k,
I'm mister fancy pants, sipping a $6 beer
which I could have bought at the store for $1.50
ohhhhhh, yeahhhh
I'm mister fancy pants."
But really, how do people justify getting not just one beer, but multiple beers at a restaurant, which I did witness there? And not just on a special occasion, like hitting a new high on net worth, but at nearly every dinner out? I couldn't stop thinking of the fact that I could nearly have bought a 6 pack for the price of a single beer, and at one table the cost of their drinks was more than our meal, which we also took home and had for dinner with some rice and veggies that night.
Congratulations to everyone else who has been building their net worth. It's been an amazing year to watch all these numbers going up, and the encouragement every month seeing people reach for new heights.
Congrats ohyonghao! Now you can graduate to the: http://forum.mrmoneymustache.com/throw-down-the-gauntlet/race-from-100-to-250k/ (http://forum.mrmoneymustache.com/throw-down-the-gauntlet/race-from-100-to-250k/) race!
Post by: MEJG on June 05, 2015, 08:56:48 AM
End of May: -$59,533.84
Post by: SpareChange on June 05, 2015, 10:00:01 AM
I've been on a LONG Hiatus from MMM.... Can I join even at negative NW?
End of May: -$59,533.84
Of course! :)
Post by: ohyonghao on June 05, 2015, 06:09:13 PM
5/31/14: $48,054.09
---
4/30/15: $94,786.61
5/31/15: $100,323.89
Congrats ohyonghao! Now you can graduate to the: http://forum.mrmoneymustache.com/throw-down-the-gauntlet/race-from-100-to-250k/ (http://forum.mrmoneymustache.com/throw-down-the-gauntlet/race-from-100-to-250k/) race!
Sweet, I was wondering what to do next, the $1million NW isn't very interesting to me since my long term plan includes moving to a place with a cost of living that can be sustained on a 4% SWR with $300k :-D
Post by: khotte on June 05, 2015, 06:39:00 PM
Sent from my iPhone using Tapatalk
Post by: kpd905 on June 05, 2015, 06:50:16 PM
Post by: bokonon on June 06, 2015, 07:53:24 AM
5/31/14: $48,054.09
---
4/30/15: $94,786.61
5/31/15: $100,323.89
Monthly Increase for May: $5,537.28
Yearly Increase since last May: $52,269.80
I more than doubled my net worth in a year. Here's to doing it again this year :-D
Congratulations to you ohyonghao and to all of us on an incredible year. We saved over $1 million together! I almost think it would be cool to keep updating your networth in the spreadsheet even after you hit 100k...imagine what our group numbers would look like after 10 years.
I'm proud to be part of such an awesome group, keep up the good work everyone!
Post by: SpareChange on June 06, 2015, 08:41:35 PM
I'm proud to be part of such an awesome group, keep up the good work everyone!
+1
Post by: Mazzinator on June 08, 2015, 06:35:19 PM
I'm in!! End of may was around $4k net worth. Hoping for $100k in 18-24 months.
Savings $75k
Student loans -$71k
Net worth $4k
I already have a journal, if you really want to see just how crazy i am ;) otherwise...good luck!!!
1 year update... (I "quit" tracking because i can't update the google doc)
Savings $135k
Student loans -$54k
NW $81k
Great job everybody!!! And congrats to those who already made it!!
Post by: JLee on June 09, 2015, 02:15:53 PM
Liquid:
$6544.47
Vanguard:
$40,099.03
Franklin Templeton:
$3075.61
Home equity, assuming $160k value:
$32,635.23
Total $82354.34. 401k contributions are about $1600 a month and none have gone out for June yet. That should be roughly $11,200 (plus $1300+ in principal payments towards my house), putting me at $94854.34 plus market changes by year's end. :)
Post by: Wiggle on June 26, 2015, 05:23:53 AM
Beginning of June update:
Cash/Savings: $7,698
Mutual Funds (non-retirement, house savings): $10,651
Work Retirement Accounts: $37,383
NW: $55,732 (increase of $1,548)
End of June Update:
Cash/Savings: $6,614
Mutual Funds (non-retirement, house savings): $10,568
Work Retirement Accounts: $39,193
NW: $56,375 (increase of $643)
Bad month for me. Fair amount of spending, some of it necessary but admittedly some of it frivolous (new DIY speaker kits I bought to build, going to rationalize it as a learning experience in woodworking and building skills but still not ideal). I am glad to know however that even in a bad month for me I am still increasing networth. Most people I know having a bad month means taking on more debt.
Post by: Pooplips on June 26, 2015, 07:01:23 AM
3/9/15 - PC Net Worth $53,877
4/1/2015 - $60,080.00
5/1/2015 - $63,589.00
6/1/2015 - $65,962.00
Updating today because I will be out of town next week.
6/26/15 - $70,181
Making some serious progress now!
Post by: jooles on June 26, 2015, 04:21:50 PM
Aaand we're off!
Post by: Eristheunorganized on June 29, 2015, 02:29:13 PM
Post by: johnny847 on June 29, 2015, 02:35:56 PM
By looking at the ETF versions of the mutual funds I hold, it looks like my portfolio will drop today by about 60% of my take home pay for the month.
This is why I like to focus more on savings rate as opposed to net worth - at least while I'm quite a ways away from my FIRE number.
Post by: Eristheunorganized on June 29, 2015, 03:17:37 PM
Post by: johnny847 on June 29, 2015, 04:01:09 PM
Good for me, bad for my portfolio's self esteem.
Pfft screw that guy. Who cares about his self esteem ;)
Post by: fb132 on June 29, 2015, 04:20:51 PM
Ah Greece.My net worth will get a huge hit when I compile all my investments thanks to Greece, I am not sure yet (I will find out about it tomorrow), but I have a feeling it will be the first month this year where my net worth will be lower than the previous month simply because of what's going on in Greece *sigh*...the only positive spin in all of this is that I will be buying stocks next week at major rebate.
By looking at the ETF versions of the mutual funds I hold, it looks like my portfolio will drop today by about 60% of my take home pay for the month.
This is why I like to focus more on savings rate as opposed to net worth - at least while I'm quite a ways away from my FIRE number.
Post by: Pooperman on June 30, 2015, 07:29:49 AM
Post by: celticmyst08 on June 30, 2015, 11:15:28 AM
Post by: CanIndian on June 30, 2015, 09:31:08 PM
My professional life has been a mix of various financial mistakes. But a more serious NW journey started in a third world country post a grand wedding in 2011, with multiple debts totaling ~$35,000 (with interest rates ranging 13-18%) and a net worth of -15,000. I suppose marriage brings its own responsibilities and we started budgeting everything and tracking where we are spending, but were still conservative in our savings approach. DW and I started feeling our hair on fire and seriously attacked debt only in 2013 and cleared all the debt by Apr 2014. We hit positive NW in Dec 2012. This is how things went.
Nov 2011: -15,000 (debt -35,000)
Dec 2012: 1,000 (debt -30,000) hit positive NW.
Dec 2013: 10,200 (debt -20,000) moved to Canada mid 2013 and had our first child as well, and then the NW journey really took off with a promotion.
May 2014: 36,500 (0 debt) SO and I now vowed that the only debt we may ever consider is a mortgage
Dec 2014: 48,500 (had our second child, I know MMM proposes 1, but 2 is our number)
And in the last 2 months
May 2015: $63,000
June 2015: ~$65,550
So thats where things stand.
Half of it is in third world investments in RE(a land 25% under water due to some unexplainable political machinations), mutual funds (growing at a handsome 23%/annum) and govt pension schemes (growing at 8%).
Canadian NW stands at 30,500.
Inv: 29000
Cash like: 3500
CC Bal: 2000 (paid in full every month)
I thought I would track the Canadian NW part alone, with the overall NW makes more sense to see how far I am along on FIRE target. If things go to plan I should hit the 100K mark in mar 2016 and hit 50K in Canadian investment accounts by Jan 2016. i.e. if the Greece melt down proves a no starter, who knows how deep the cut is if Greece is to exit the EU.
Phew!! thats a long first post. I promise to keep it simple from next week.
Post by: SpareChange on June 30, 2015, 11:20:45 PM
Looks like Greece is taking a dump on much of our sheet this month, my row included. Still managed to be up 3350 despite the headwind.
Post by: Bart1ma3u5 on July 01, 2015, 04:21:17 AM
Post by: fb132 on July 01, 2015, 05:25:10 AM
January: 61 647,49$
February: 63 787,57$
March: 64 489,46$
April: 65 584,07$
May: 69 863,33
June: 69 561,33
For the first time this year, as predicted, my networth went down from the previous month and all this despite having saved 62,75% of my income. Like I predicted, my investments went down big time this month because of what's going on in Greece. I think I lost 1K$ this month if I combine all my investments.
Post by: MEJG on July 01, 2015, 05:47:05 AM
NW June 30, 2015: -55,028.72
Change: +4,505.12
Zwillow says my house appreciated 5,000 this month, I don't buy that so I'm holding my house value steady rather than changing it. NW change reflects savings, debt pay off and very very slight gains in some of our retirement accounts.
Goal for the year is to average 5,000 change per month. Going to have to focus a bit more to achieve that.
Post by: johnny847 on July 01, 2015, 08:22:52 AM
June 2015: $85.9k
July 2015: $89k
August 2015: $87.8k
Mr. Market dropped my net worth by $5493.77. I never like seeing my net worth drop, but hey, in this case it also means I bought my investments at lower prices this month! I also tax loss harvested $4914.45 of losses. So that's a $3000 tax deduction at my 25% fed + 6% state marginal tax rates this year, and I carry forward $1914.45 of losses to next year (where I expect not to have any capital gains, so it will again be deducted against income).
Saved 64.8% of my income this month, but this is one of two months of the year that I get paid more than normal.
Post by: tarheeldan on July 01, 2015, 03:00:16 PM
Anyway, congrats to all on progress!
Also seeing the market headwinds, but still ended the month up 4.5% and above the 3/4 mark :-)
Post by: Treesworth on July 02, 2015, 12:05:04 AM
I'm loving the market at the moment especially with a triple pay month. Getting a big jump next month too with a few grand windfall and a dividend payment coming in, expecting to easily break 20,000.
Post by: ash7962 on July 02, 2015, 12:18:44 PM
Post by: Apples on July 05, 2015, 10:25:59 AM
Post by: hope2retire on July 05, 2015, 06:49:46 PM
H2R
Post by: KzooKendrick on July 05, 2015, 06:56:45 PM
The only thing a salary column wouldn't capture is changes in salary as it would be a static number - not sure if anyone cares to get down to that level, but thought I'd point it out.
Sent from my iPhone using Tapatalk
Post by: seanc0x0 on July 06, 2015, 10:46:07 AM
At least we'll have a new driveway this month without having to go into debt, but it does hurt the savings. I also look forward to not worrying about the shovel catching on the driveway and nutting myself next winter! :)
Post by: frogger on July 11, 2015, 04:40:29 PM
May 31st: 21300
June 30th: 20200
Post by: MVal on July 14, 2015, 10:37:23 PM
I'm aiming to be worth $75K by the end of next year, and hopefully 100K the year after that!
Post by: SpareChange on July 15, 2015, 12:08:06 AM
Oh boy, this is great! A thread for us "newbies" to ER! It can seem so out of reach sometimes reading about all the achievements of Mustachians about to FIRE with a million sacked away; it's really nice to read posts from people just starting out on their ER journey. This is the first year I'm really getting into it and my net worth should be around $45K by the end of the year between 401K, Roth and personal savings.
I'm aiming to be worth $75K by the end of next year, and hopefully 100K the year after that!
Yes, this thread is perfect for those getting started. Stick with it, and good luck!
Post by: Rodgers12 on July 17, 2015, 09:13:54 PM
Found the MMM website about a month ago, was already a mini mustachian without even knowing it. Have been sitting on the sidelines reading a bunch of the threads but as this particular topic is a current goal of mine, I decided this maybe just the thing to help keep me focused on the goal to 100K. Current NW is $$35,596. Projected year end NW should be about $45k.
Post by: SpareChange on July 17, 2015, 10:07:55 PM
Hello Fellow Mustachian's,
Found the MMM website about a month ago, was already a mini mustachian without even knowing it. Have been sitting on the sidelines reading a bunch of the threads but as this particular topic is a current goal of mine, I decided this maybe just the thing to help keep me focused on the goal to 100K. Current NW is $$35,596. Projected year end NW should be about $45k.
Hello and welcome!
Post by: Runningtuff on July 24, 2015, 02:30:09 PM
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.
Post by: tarheeldan on July 24, 2015, 10:25:12 PM
Paid off my student loan this month
Congratulations!!
Sent from my Nexus 6 using Tapatalk
Post by: markbike528CBX on July 26, 2015, 02:34:56 PM
Too old to participate, but i'm following to be able to show others
IT CAN BE DONE!
Post by: JLee on July 27, 2015, 01:05:58 PM
$55,337.49 investments/deposit accounts
-$148.84 CC balance waiting for payoff
$37,193.16 home equity using Zillow (which is hopefully less than optimistic)
NW: $92,381.81
Not factoring in cars at all, but if I did I could add ~$15k.
$7,618.19 to go! I'm sending roughly $1900/mo to my 401k, so I should clear 100k in November-ish!
Post by: tarheeldan on July 30, 2015, 02:51:31 PM
I'm getting there!
I should clear 100k in November-ish!
Nice! You are killing it!
Yaay, I broke $80k this month!
$80,183.66, up $3,800 or 5% :-)
ETA: Also found a new apartment with 1 more bedroom AND closer to work for $170/mo less! Moving in in October. And, switching from Verizon to Project Fi ($60/mo to $30/mo) in the next 4-8 weeks!
Post by: FrugalShrew on July 30, 2015, 03:27:49 PM
Post by: tarheeldan on July 30, 2015, 05:23:14 PM
That being said, it is nice to finally be at the start line of this gauntlet.Congrats!
It's funny what a psychological drag debt can be.I know the feeling! But it sounds like you're listening to reason rather than emotion which is good! Unlike me - I paid off my 1.9% APR car way too fast and I know that was an expensive way to get rid of that psychological drag.
Post by: FrugalShrew on July 30, 2015, 06:04:07 PM
That being said, it is nice to finally be at the start line of this gauntlet.Congrats!It's funny what a psychological drag debt can be.I know the feeling! But it sounds like you're listening to reason rather than emotion which is good! Unlike me - I paid off my 1.9% APR car way too fast and I know that was an expensive way to get rid of that psychological drag.
Luckily/unluckily, even though my student loans are federal, they are still at 6.8% interest (and now-paid-off ones were at 7.9%), so focusing on paying them down has given me a solid ROI. But it's hard to be rational. It was difficult putting money into my 401(K) (most of my current assets) with the student loans hanging over my head. I knew I should not pass up the tax-advantaged space, but it was not easy!
I know many here advocate holding low interest debt, such as a mortgage, and investing the funds elsewhere to reap greater returns, but I would definitely have a psychological hurdle to overcome to take on even low interest debt in the future.
Post by: Pooplips on July 31, 2015, 07:47:48 AM
3/9/15 - PC Net Worth $53,877
4/1/2015 - $60,080.00
5/1/2015 - $63,589.00
6/1/2015 - $65,962.00
6/26/2015 - $70,181.00
7/31/2015 - $72,988.00
My raise will be kicking in next Pay period hope to see this number jump bigtime.
Post by: JLee on July 31, 2015, 08:50:09 AM
I'm getting there!
I should clear 100k in November-ish!
Nice! You are killing it!
Yaay, I broke $80k this month!
$80,183.66, up $3,800 or 5% :-)
ETA: Also found a new apartment with 1 more bedroom AND closer to work for $170/mo less! Moving in in October. And, switching from Verizon to Project Fi ($60/mo to $30/mo) in the next 4-8 weeks!
Recurring monthly savings are the best! Congrats!
I'm getting there!
$55,337.49 investments/deposit accounts
-$148.84 CC balance waiting for payoff
$37,193.16 home equity using Zillow (which is hopefully less than optimistic)
NW: $92,381.81
Not factoring in cars at all, but if I did I could add ~$15k.
$7,618.19 to go! I'm sending roughly $1900/mo to my 401k, so I should clear 100k in November-ish!
Zillow's valuation of my house went up a little, and I got paid again...factoring in the mortgage payment and 401k contributions that should hit tomorrow-ish, I'm looking at $95,072.38. I might hit 100k in September or October! :D
My paychecks are scary small with my 401k running at 40%, but I'm going to see if I can stretch it to the end of the year to get as much into my 401k as possible. Now that I have a pay stub to look at, I have $2094.84/mo going to my 401k (including match). This would put my final year end contributions (excluding match) at $15597.63. Not quite max, but it should be next year.
In other good news, after certain roommates leaving, installation of a programmable thermostat, and a variable speed pool pump, my projected August electric bill is less than half of what the bill was last year ($396 -> $190). Huge difference!
Post by: ohyonghao on July 31, 2015, 11:36:20 AM
I'm getting there!
I should clear 100k in November-ish!
Nice! You are killing it!
Yaay, I broke $80k this month!
$80,183.66, up $3,800 or 5% :-)
ETA: Also found a new apartment with 1 more bedroom AND closer to work for $170/mo less! Moving in in October. And, switching from Verizon to Project Fi ($60/mo to $30/mo) in the next 4-8 weeks!
Recurring monthly savings are the best! Congrats!I'm getting there!
$55,337.49 investments/deposit accounts
-$148.84 CC balance waiting for payoff
$37,193.16 home equity using Zillow (which is hopefully less than optimistic)
NW: $92,381.81
Not factoring in cars at all, but if I did I could add ~$15k.
$7,618.19 to go! I'm sending roughly $1900/mo to my 401k, so I should clear 100k in November-ish!
Zillow's valuation of my house went up a little, and I got paid again...factoring in the mortgage payment and 401k contributions that should hit tomorrow-ish, I'm looking at $95,072.38. I might hit 100k in September or October! :D
My paychecks are scary small with my 401k running at 40%, but I'm going to see if I can stretch it to the end of the year to get as much into my 401k as possible. Now that I have a pay stub to look at, I have $2094.84/mo going to my 401k (including match). This would put my final year end contributions (excluding match) at $15597.63. Not quite max, but it should be next year.
In other good news, after certain roommates leaving, installation of a programmable thermostat, and a variable speed pool pump, my projected August electric bill is less than half of what the bill was last year ($396 -> $190). Huge difference!
That's awesome. I just recently got going with the 401k goodness too, though admittedly a little low at 12%, but my employer doesn't do matches and I have other tax advantaged accounts I'm filling. Long term view is to switch to filling the 401k first, then filling my other buckets.
Keep it up and I'll see you in the 100k-250k thread soon.
Post by: Eristheunorganized on July 31, 2015, 09:35:15 PM
Also- I'm planning on selling my motorcycle, but have been lazy about it.
Post by: bokonon on August 01, 2015, 05:56:05 AM
This has been my favorite thread during the last year. Fantastic idea and so encouraging to see everyone having so much success. There are no fancy secret tips to my personal journey. My gross family income is around $140k. For our investments we max our our 401ks in vanguard (she gets a 6% match, I get 1%) and we are saving cash in a GE online account earning ~1% trying to save for a 20% house down payment. You know what they say - slow and steady wins the race! That's the MMM way!
Congratulations everyone for the awesome progress and the awesome thread!
Post by: tarheeldan on August 01, 2015, 06:19:32 AM
Well, we did it :)! My wife and I have settled in above the $100k mark!!!
Congratulations!! You guys ran this race at a hell of a pace
. Keep it up and see you in the 100-250k thread 
Post by: fb132 on August 01, 2015, 06:48:10 AM
January: 61 647,49$
February: 63 787,57$
March: 64 489,46$
April: 65 584,07$
May: 69 863,33$
June: 69 561,33$
July: 72 747,51$
July was a great month, I had my lowest spending of the year and unlike June where my investments took a big hit, July saw the market go way up, I believe I made approx. 2K$ from my investments alone and that is without counting the 900 something dollars I had invested during the month. 27 252,49$ left to go for the magical 100K$ :)
Post by: Pooperman on August 01, 2015, 07:44:27 AM
Post by: starterstache on August 01, 2015, 08:24:41 AM
Post by: johnny847 on August 01, 2015, 10:31:29 AM
Jan 2015: 69.8k
Feb 2015: 73.8k (Back over 70k!)
March 2015: 76.6k
April 2015: $82.7k
May 2015: $85.1k
June 2015: $85.9k
July 2015: $88.9k
I"m paid biweekly and had a 3 paycheck month so that helped quite a bit.
I've moved to my new place now, which sadly costs about $400/month more.
I should cross $90k next month!
Post by: SpareChange on August 01, 2015, 05:31:50 PM
Yaay, I broke $80k this month!
$80,183.66, up $3,800 or 5% :-)
ETA: Also found a new apartment with 1 more bedroom AND closer to work for $170/mo less! Moving in in October. And, switching from Verizon to Project Fi ($60/mo to $30/mo) in the next 4-8 weeks!
Sweet! Accelerating into the home stretch!
Congrats to our new grad, Bokonon! Looks like more good progress across the board. I was up $4900. Can't complain. Getting an unexpected 2% col raise this month, in addition to the usual one in the fall.
Post by: Eristheunorganized on August 01, 2015, 08:37:47 PM
Post by: CanIndian on August 02, 2015, 07:00:25 AM
...
Nov 2011: -15,000 (debt -35,000)
Dec 2012: 1,000 (debt -30,000) hit positive NW.
Dec 2013: 10,200 (debt -20,000) moved to Canada mid 2013 and had our first child as well, and then the NW journey really took off with a promotion.
May 2014: 36,500 (0 debt) SO and I now vowed that the only debt we may ever consider is a mortgage
Dec 2014: 48,500 (had our second child, I know MMM proposes 1, but 2 is our number)
And in the last 2 months
May 2015: $63,000
June 2015: ~$65,550
...
Deceivingly high NW gains this month. Net savings were only $2000(27%), but some market gains, Forex gains due to loonie falling and recalculation and consolidation of all offshore accounts put the NW gains at $8700.
On track to hit 90k by Dec 2015 and 100K by Mar 2016.
May 2015: $63,000
June 2015: $65,550
July 2015: $74,250
Post by: psinguine on August 02, 2015, 04:29:15 PM
Assets
My 1st Chequing - $165
My 2nd Chequing - $2850
My Wife's Chequing - $4150
My Short Term Savings - $3850
My Pension - $3000
My Wife's Pension - $4500
My Wife's TFSA - $1500
My Wife's RRSP - $1500
Our Primary Residence - $150,000
Our Secondary Property - $55,000
Total Assets - $225,515
Liabilities
Wife's Dental Loan - $7150
Primary Mortgage - $15,000
Secondary Mortgage - $48,500
Total Liabilities - $70,650
Total Net Worth - $155,865
I have to admit, I am incredibly surprised. I thought we were doing a lot worse than that. Sadly, however, that also means that I graduated from this race before I even started. And the next jump (to a quarter million) seems so impossibly far away.
Post by: givemesunshine on August 02, 2015, 04:49:58 PM
Better month for me - up $3,650 now that an end to medical expenses is in sight.
I am only counting immediately accessible assets for this challenge but have reached a milestone in my Super (Australian Retirement Savings accessible after 65) - now over $150K.
Keep it up all!
Post by: Pooplips on August 04, 2015, 11:27:44 AM
I was really excited to get in on the race. But then I started adding things up.
Assets
My 1st Chequing - $165
My 2nd Chequing - $2850
My Wife's Chequing - $4150
My Short Term Savings - $3850
My Pension - $3000
My Wife's Pension - $4500
My Wife's TFSA - $1500
My Wife's RRSP - $1500
Our Primary Residence - $150,000
Our Secondary Property - $55,000
Total Assets - $225,515
Liabilities
Wife's Dental Loan - $7150
Primary Mortgage - $15,000
Secondary Mortgage - $48,500
Total Liabilities - $70,650
Total Net Worth - $155,865
I have to admit, I am incredibly surprised. I thought we were doing a lot worse than that. Sadly, however, that also means that I graduated from this race before I even started. And the next jump (to a quarter million) seems so impossibly far away.
Join the 100K to 250k thread! onward and upward
Post by: johnny847 on August 04, 2015, 03:03:25 PM
5/31/2014: -$14,743
6/30/2014: -$7196
7/31/2014: $2017
8/31/2014: $5508
9/30/2014: $10,128
10/31/2014: $14,610
11/30/2014: $21,118
12/31/2014: $24,603
1/31/2015: $22,583
2/28/2015: $27,828
3/31/2015: $35,302
4/30/2015: $41,762
5/31/2015: $47,324
6/30/2015: $50,866
7/31/2015: $38,419
Well I'm glad most of you are making solid progress! Let me be the cautionary waisty-pants buffoon this month. Last July I downgraded my car and saw a big leap in net worth. This July, I gave in to temptation and bought a car from my credit union's repossession auction (for $4k under KBB). So there you see the huge dip in net worth!
Can't you just turn that around and sell it for ~$4k profit?
Post by: JLee on August 05, 2015, 12:05:19 PM
I was really excited to get in on the race. But then I started adding things up.You're over halfway there already!
Assets
My 1st Chequing - $165
My 2nd Chequing - $2850
My Wife's Chequing - $4150
My Short Term Savings - $3850
My Pension - $3000
My Wife's Pension - $4500
My Wife's TFSA - $1500
My Wife's RRSP - $1500
Our Primary Residence - $150,000
Our Secondary Property - $55,000
Total Assets - $225,515
Liabilities
Wife's Dental Loan - $7150
Primary Mortgage - $15,000
Secondary Mortgage - $48,500
Total Liabilities - $70,650
Total Net Worth - $155,865
I have to admit, I am incredibly surprised. I thought we were doing a lot worse than that. Sadly, however, that also means that I graduated from this race before I even started. And the next jump (to a quarter million) seems so impossibly far away.
Post by: FrugalShrew on August 05, 2015, 01:01:19 PM
I was really excited to get in on the race. But then I started adding things up.You're over halfway there already!
Assets
My 1st Chequing - $165
My 2nd Chequing - $2850
My Wife's Chequing - $4150
My Short Term Savings - $3850
My Pension - $3000
My Wife's Pension - $4500
My Wife's TFSA - $1500
My Wife's RRSP - $1500
Our Primary Residence - $150,000
Our Secondary Property - $55,000
Total Assets - $225,515
Liabilities
Wife's Dental Loan - $7150
Primary Mortgage - $15,000
Secondary Mortgage - $48,500
Total Liabilities - $70,650
Total Net Worth - $155,865
I have to admit, I am incredibly surprised. I thought we were doing a lot worse than that. Sadly, however, that also means that I graduated from this race before I even started. And the next jump (to a quarter million) seems so impossibly far away.
And you're only 5k further from 250k than those of starting this race at 10k are from 100k :D
Post by: MEJG on August 06, 2015, 12:52:41 PM
6/30/2015: -$55,028
7/31/2015: -40,621
Huge jump this month! Had some interest from a large loan forgiven. We certainly don't expect 5 figure changes every month :)
Post by: ohyonghao on August 06, 2015, 12:57:25 PM
5/31/2015: -$59,533
6/30/2015: -$55,028
7/31/2015: -40,621
Huge jump this month! Had some interest from a large loan forgiven. We certainly don't expect 5 figure changes every month :)
Nice! That's fantastic progress. Keep it going and you'll be at the starting line in no time.
Post by: kpd905 on August 07, 2015, 05:12:04 PM
Post by: Woodro85 on August 13, 2015, 08:51:52 PM
Anyway, since the start of this "race":
6/1/2014 $2,412.33
7/1/2014 $4,975.97
8/1/2014 $7,970.02
9/1/2014 $8,705.61
10/1/0204 $12,429.31
11/1/2014 $14,805.83
12/1/2014 $16,910.20
1/1/2015 $19,405.41
2/1/2015 $22,499.52
3/1/2015 $20,136.84
4/1/2015 $19,879.58
5/1/2015 $23,874.52
6/1/2015 $30,000.00
7/1/2015 $37,946.41
8/1/2015 $52,700.00
Post by: tarheeldan on August 14, 2015, 10:09:51 AM
Post by: fb132 on August 14, 2015, 10:14:32 AM
29M in Canada, 82k salary. Newbie to the forum, and started my Journey with MMM just a couple months ago. I certainly was living a similiar path trying to get out of student loan and clown-car debt, but MMM definitely helped me realize the possibilities and how to get there! NW was negative for many years before this start date. I've done what feels like tremendous work and halfway to the 100k networth now IF I include my Defined benefits pension (what are peoples thoughts on including this? i've read conflicting theories).I include all my pre tax investments, for example, at work, 45$ each pay is automatically deducted towards my work RRSP and my employers pay also 45$ each pay towards my work RRSP. Therefore it is like I receive 90$ of income and 90$ of that income goes towards investments...then my paycheck also goes towards income category, and my money invested with Questrade is also added in my investment categories....so yes you should include them because you are afterall investing with the difference that it is done automatically from your paycheck instead of manually doing it yourself.
Anyway, since the start of this "race":
6/1/2014 $2,412.33
7/1/2014 $4,975.97
8/1/2014 $7,970.02
9/1/2014 $8,705.61
10/1/0204 $12,429.31
11/1/2014 $14,805.83
12/1/2014 $16,910.20
1/1/2015 $19,405.41
2/1/2015 $22,499.52
3/1/2015 $20,136.84
4/1/2015 $19,879.58
5/1/2015 $23,874.52
6/1/2015 $30,000.00
7/1/2015 $37,946.41
8/1/2015 $52,700.00
Post by: Pooperman on August 14, 2015, 10:16:33 AM
29M in Canada, 82k salary. Newbie to the forum, and started my Journey with MMM just a couple months ago. I certainly was living a similiar path trying to get out of student loan and clown-car debt, but MMM definitely helped me realize the possibilities and how to get there! NW was negative for many years before this start date. I've done what feels like tremendous work and halfway to the 100k networth now IF I include my Defined benefits pension (what are peoples thoughts on including this? i've read conflicting theories).I include all my pre tax investments, for example, at work, I pay 45$ each pay towards my work RRSP and my employers pay also 45$ each pay towards my work RRSP. There for I receive 90$ of income and 90$ of investments...then my paycheck also goes towards income, and my investments with Questrade is also added in my investment categories....so yes you should include them because you are afterall investing with the difference that is done automatically from your paycheck instead of manually doing it yourself.
Anyway, since the start of this "race":
6/1/2014 $2,412.33
7/1/2014 $4,975.97
8/1/2014 $7,970.02
9/1/2014 $8,705.61
10/1/0204 $12,429.31
11/1/2014 $14,805.83
12/1/2014 $16,910.20
1/1/2015 $19,405.41
2/1/2015 $22,499.52
3/1/2015 $20,136.84
4/1/2015 $19,879.58
5/1/2015 $23,874.52
6/1/2015 $30,000.00
7/1/2015 $37,946.41
8/1/2015 $52,700.00
I agree. Count it. I only count the vested portion for these sorts of things.
Post by: JLee on August 14, 2015, 10:54:33 AM
$7725.02 net cash (zeroing current CC balance)
$38912.77 house equity
$3085.31 employer stock
$3136.02 Franklin Templeton
$43,068.59 Vanguard
$96,975.13
SO CLOSE!!! I even spent ~$450 I wouldn't have normally spent this month...definitely makes me want to curb spending even more so I break 100k, hahaha...
Post by: TonyPlush on August 17, 2015, 08:52:00 AM
I calculated my net worth for the first time in months today: $98,060.Calculated it today: $104K!!!
So close...
Feels pretty damn good.
Post by: tarheeldan on August 17, 2015, 09:02:04 AM
Post by: fb132 on August 17, 2015, 10:45:50 AM
Congrats :) Now you can join the 100-250K club.I calculated my net worth for the first time in months today: $98,060.Calculated it today: $104K!!!
So close...
Feels pretty damn good.
Post by: FrugalShrew on August 17, 2015, 10:57:24 AM
I calculated my net worth for the first time in months today: $98,060.Calculated it today: $104K!!!
So close...
Feels pretty damn good.
Congratulations!! :)
Post by: jooles on August 17, 2015, 11:58:20 AM
Post by: celticmyst08 on August 17, 2015, 12:34:06 PM
July: $48,495.61, +13.21%
Pretty sure we'll reach $60k by the end of the year! (There will be a ~$5.6k tuition payment coming up so that will set us back a little.)
Post by: Pooperman on August 17, 2015, 01:56:20 PM
Post by: FIPurpose on August 18, 2015, 09:23:04 AM
Summary:
05/2014 - $17k
06/2014 - $18k
07/2014 - $25k
08/2014 - $32k
09/2014 - $34k
10/2014 - $38k
11/2014 - $44k (wife changed jobs and about doubled her pay)
12/2014 - $47k
01/2015 - $55k (nice money from bonus time)
02/2015 - $63k
03/2015 - $69k
04/2015 - $75k
05/2015 - $80k
06/2015 - $89k (wife got a nice bonus!)
07/2015 - $95k
08/2015 - $100k (as of the 18th)
Here's to getting to $500k quickly!
Post by: SpareChange on August 18, 2015, 11:27:22 AM
Post by: ranchingretirement on August 21, 2015, 09:05:37 PM
March 2015: $36,337
April 2015: $38,120
May 2015: $42,347
June 2015: $47,346
July 2015: $56,109
August 2015: $59,985
Looking forward to hearing other stories as we all reach towards $100k!
Post by: celticmyst08 on August 21, 2015, 09:43:29 PM
Post by: fb132 on August 24, 2015, 04:20:50 PM
Post by: JLee on August 24, 2015, 06:35:25 PM
Post by: CanIndian on August 31, 2015, 05:44:36 AM
May 2015: $63,000Not a great month, August. The markets, the exchange rate and some unplanned home expenses cropping up leading to the first negative month in 2015. Sept might be worth looking forward to, with a small hike and the expenses at the home stabilizing.
June 2015: $65,550
July 2015: $74,250
May 2015: $63,000
June 2015: $65,550
July 2015: $74,250
Aug 2015: $73,900
Post by: ahueston on August 31, 2015, 08:33:43 AM
Keep it up!
Post by: Pooperman on August 31, 2015, 02:29:41 PM
Post by: frogger on August 31, 2015, 08:37:11 PM
Jun 30: $20,200
Jul 31: $19,250
Aug 31: $15,350
Ouch. First paycheck at the new job arrives in ~two weeks. Looking forward to starting in the right direction again!
Post by: SpareChange on September 01, 2015, 12:09:20 AM
Post by: Pooplips on September 01, 2015, 06:16:37 AM
3/9/15 - PC Net Worth $53,877
4/1/2015 - $60,080.00
5/1/2015 - $63,589.00
6/1/2015 - $65,962.00
6/26/2015 - $70,181.00
7/31/2015 - $72,988.00
9/1/2015 - $73,706.00
Still moving up!
Post by: fb132 on September 01, 2015, 07:32:23 AM
2015 Net worth:August: 71 906,04$
January: 61 647,49$
February: 63 787,57$
March: 64 489,46$
April: 65 584,07$
May: 69 863,33$
June: 69 561,33$
July: 72 747,51$
For the second time this year, my networth is down from the previous month. I managed to invest 717,55$ this month, but it wasn't enough for my networth to go up because of the stock market small correction. It was the biggest drop this year and all my investments took a hit.
Post by: seanc0x0 on September 01, 2015, 09:54:26 AM
The big news is I found an RRSP account I had at a job I had 10 years ago that I'd forgotten about, which has just under 16k in it! The other investments are down due to the market, and I've been paying off the concrete we had to replace in July so not as much money going into the FI fund.
The good news is we managed the concrete without debt by saving up for it, which is a nice change from old spendy me. I do need to put some money back in a few budget categories we pillaged to avoid debt, though, so it'll slow down capital deployment for a few more months.
Since June, we've gone from $17,736.00 to $33,380, a jump of 88%! (Just wish I could keep that up!)
Post by: Woodro85 on September 01, 2015, 10:54:39 AM
8/1/2015 $52,700.00
Was able to do pretty well last month all things considered! Actually hoping for a decent, much better than inflation raise this month too. But that's still hoping and unconfirmed. If it happens, I will split 50/50 of the raised amount to a debt and into increasing my TFSA contributions.
Up to
9/1/2015 - $57,358.64
Post by: fb132 on September 01, 2015, 12:43:55 PM
Forgot to do last month, as I was on vacation, so this reflects two of months.How do you forgot something important like an RRSP lol...I am sure your newly found RRSP has gone through the roof since it hasn't been touched. Plus, usually you have to send your RRSP slips when doing your tax returns, I am surprised that no one mentionned it.
The big news is I found an RRSP account I had at a job I had 10 years ago that I'd forgotten about, which has just under 16k in it! The other investments are down due to the market, and I've been paying off the concrete we had to replace in July so not as much money going into the FI fund.
The good news is we managed the concrete without debt by saving up for it, which is a nice change from old spendy me. I do need to put some money back in a few budget categories we pillaged to avoid debt, though, so it'll slow down capital deployment for a few more months.
Since June, we've gone from $17,736.00 to $33,380, a jump of 88%! (Just wish I could keep that up!)
Post by: Eristheunorganized on September 01, 2015, 12:54:46 PM
Post by: seanc0x0 on September 01, 2015, 02:47:35 PM
Forgot to do last month, as I was on vacation, so this reflects two of months.How do you forgot something important like an RRSP lol...I am sure your newly found RRSP has gone through the roof since it hasn't been touched. Plus, usually you have to send your RRSP slips when doing your tax returns, I am surprised that no one mentionned it.
The big news is I found an RRSP account I had at a job I had 10 years ago that I'd forgotten about, which has just under 16k in it! The other investments are down due to the market, and I've been paying off the concrete we had to replace in July so not as much money going into the FI fund.
The good news is we managed the concrete without debt by saving up for it, which is a nice change from old spendy me. I do need to put some money back in a few budget categories we pillaged to avoid debt, though, so it'll slow down capital deployment for a few more months.
Since June, we've gone from $17,736.00 to $33,380, a jump of 88%! (Just wish I could keep that up!)
It was with a firm I never check (not even set up for online access), and so it was easy to forget about when it came to this. Also, no contributions and no withdrawals means nothing for taxes, so it's easy to overlook. I wasn't at that job very long, as they closed the local office I was employed at about a year after I started.
The MER is no good (~2%) and the options are somewhat limited, so I'll be transferring it into my other RRSP.
Post by: mrteacher on September 01, 2015, 04:58:57 PM
My financial year goes from 9/1 to 8/31, as I am a teacher and my salary change kicks in during September. It makes more sense for me that way. So, here we go:
Roth IRA: $33,598.33
VTSAX: $12,199.90
Savings/Checking: $20,408.84
Pension: $5,280
Car: ~$7,000
9/1/2015: $78,482.07
I'd like to hit $100,000 by next summer, given that I am saving/investing roughly $1400-$1800/month.
Post by: tarheeldan on September 01, 2015, 05:04:04 PM
Good luck on the raise!
8/1/2015$52,700.00
Was able to do pretty well last month all things considered! Actually hoping for a decent, much better than inflation raise this month too. But that's still hoping and unconfirmed. If it happens, I will split 50/50 of the raised amount to a debt and into increasing my TFSA contributions.
Up to
9/1/2015 - $57,358.64
Post by: tarheeldan on September 01, 2015, 05:05:25 PM
Jumping in!Welcome!
My financial year goes from 9/1 to 8/31, as I am a teacher and my salary change kicks in during September. It makes more sense for me that way. So, here we go:
Roth IRA: $33,598.33
VTSAX: $12,199.90
Savings/Checking: $20,408.84
Pension: $5,280
Car: ~$7,000
9/1/2015: $78,482.07
I'd like to hit $100,000 by next summer, given that I am saving/investing roughly $1400-$1800/month.
Post by: Middlesbrough on September 01, 2015, 08:25:50 PM
Post by: Rodgers12 on September 02, 2015, 06:21:52 AM
7/31/2015: $36,978
8/31/2015: $34,949
Post by: JLee on September 02, 2015, 09:11:30 AM
I went from $64,710.93 at the 1st to $64,194.10. Ouch. As my net worth grows I have to get used to the fact that the market will have a bigger and bigger impact.
Yeah...I don't even want to add mine up right now. I'm putting ~$2k/mo into my 401k and my value is dropping. Maybe I'll check it at the end of the year, haha.
Post by: katthjul on September 02, 2015, 09:12:41 AM
2015-08-31 9,999
Post by: carozy on September 02, 2015, 03:40:59 PM
EDIT: I just re-opened it in Explorer and it looks like it's working fine now. Yay! :)
Post by: SpareChange on September 02, 2015, 04:54:07 PM
Post by: tarheeldan on September 02, 2015, 05:09:22 PM
+2.55% to 82,002.95.
Minimum target for EOY is 90,500, but hoping to get as close to the finish line as possible :-)
Looks like spreadsheet is still wacked out :/
Post by: SpareChange on September 03, 2015, 01:28:12 AM
Thanks to cash birthday gifts (and continued stashing), net worth went up despite the market:
+2.55% to 82,002.95.
Minimum target for EOY is 90,500, but hoping to get as close to the finish line as possible :-)
Looks like spreadsheet is still wacked out :/
Happy Birthday!!
Post by: ash7962 on September 03, 2015, 07:51:15 AM
Post by: zephyr911 on September 03, 2015, 08:36:13 AM
Currently $42,367.76. Contributions + match + loan repayments = $10,852 through year-end and $971 biweekly thereafter (3-4 years to 100K depending on the market). Loan balance is ~$20K - I could pay early but have found better things to do with the money so far. We'll see.
Post by: carozy on September 03, 2015, 10:54:59 AM
Welcome back, carozy!! And welcome to all the other new posters!
Thank you! I'm happy I reached 5 O'clock Shadow, although I know it's temporary since it doesn't reflect the big medical bill payment. Guess I'll probably be back down to Peach Fuzz next month. :(
Post by: tarheeldan on September 03, 2015, 11:00:00 AM
Can I join in, but make this just for my TSP?
Welcome! You won't be the only one doing something like that here :-)
Post by: tarheeldan on September 03, 2015, 11:05:08 AM
Post by: carozy on September 03, 2015, 11:36:04 AM
I think I got the spreadsheet back to normal-ish? Added columns through the end of the year too.
You fixed it! Works on Firefox now. :) I am most pleased. I stared at it for quite a while, just absorbing the numbers until I realized it hadn't crashed the browser! Yay!
Post by: NJAbroad on September 05, 2015, 03:52:31 AM
5 Sep 2015 - $13,058
Post by: tarheeldan on September 05, 2015, 06:34:16 AM
I would like to join this challenge. According to YNAB, our current net worth is:Welcome!
5 Sep 2015 - $13,058
Post by: celticmyst08 on September 05, 2015, 03:32:35 PM
EOY 2014: 20,639.31
Jan 2015: 22,508.74
Feb 2015: 30,778.55
Mar 2015: 34,001.91
Apr 2015: 36,607.49
May 2015: 38,382.26
Jun 2015: 42,838.00
Jul 2015: 48,495.61
Aug 2015: 46,205.22
Post by: FoundPeace on September 16, 2015, 09:43:59 AM
So far for the year I'm at a 52% post tax and a 61% pre-tax savings rate. My effective tax rate so far this year is 15% (and that includes my ridiculous OR income taxes @ 7%)! This is the real win for me.
Post by: ohyonghao on September 17, 2015, 06:12:10 PM
Just got around to doing the calculations. Up another $1600.
So far for the year I'm at a 52% post tax and a 61% pre-tax savings rate. My effective tax rate so far this year is 15% (and that includes my ridiculous OR income taxes @ 7%)! This is the real win for me.
You got me curious about my taxes too, looks like my effective tax rate will be about 15.5% before filing taxes and possibly still getting a refund, which would draw that number down further. I was on track for 16% before I started shoveling more money into tax advantaged accounts. My future taxrate for the year is coming in at a mere 14.1%. That is also including the OR income taxes. If you believe the "tax freedom day"* thing, I should celebrate this sometime between February 20th and February 27th.
*That's if we only count income taxes and SS for this purpose and don't complicate it with other taxes paid through utilities, vehicle registration, and property tax which would put me into possibly the first or second week of March.
Post by: ranchingretirement on September 24, 2015, 09:05:39 PM
I've read MMM for about a year now, but I'm new to the forums. I was recently promoted at work and my family and I are making a cross-country move as part of the transfer. My wife and I are 27, with no children and no student loan debt. We do carry a significant amount of CC debt (all at 0% with the use of balance transfer checks (2-3% per transaction)). We are currently trying to max out all tax-advantaged accounts (~50k/year, primary) while also paying down the CC debt (secondary). Our current goal is to reach $100k in net worth by June 2016 and $250k by her 30th birthday, with an eye towards FIRE sometime in our late 30s. We are also wanting to raise a family, but aren't planning on having children anytime in the next few years. Below is our net worth trajectory over the past 6 months:
March 2015: $36,337
April 2015: $38,120
May 2015: $42,347
June 2015: $47,346
July 2015: $56,109
August 2015: $59,985
Looking forward to hearing other stories as we all reach towards $100k!
September 2015: $59,189
Tough month in the stock market, and my wife is looking for work following our move. The march towards $100k may be stuck in the $60's for the next few months, but the goal is still June 2016.
Post by: FoundPeace on September 30, 2015, 04:45:32 PM
Post by: frogger on September 30, 2015, 05:48:04 PM
Sep. 30, 2015: $12,500
I thought this month would be the end of backsliding (I'd have been up almost $200!), but extenuating circumstances has tied up about 3k in reserve cash, and until such time as it becomes available again I'm opting to leave it out of my NW calculations. Barring other circumstances, next month should actually go in the right direction. Still a lot better than this time last year.
Post by: SpareChange on October 01, 2015, 12:18:07 AM
Post by: mrteacher on October 01, 2015, 04:39:25 AM
9/1: $78,487.07
10/1: $81,428.69
Tough month for the market, but my employer 5% match is kicking in, and they also fund 75% of my health deductible (works out to $1,200/year - so $100/month for that is the cherry on top!)
My goal is $100,000 by next summer, but I have a feeling I may be able to hit it by April/May...this depends in large part on how the market performs over the next 6-8 months.
Post by: Rodgers12 on October 01, 2015, 06:18:06 AM
7/31/2015: $36,978
8/31/2015: $34,949
9/30/2015: $35,722
Post by: Pooperman on October 01, 2015, 06:24:59 AM
Post by: charis on October 01, 2015, 08:07:38 AM
10/1: $40,249
Post by: ash7962 on October 01, 2015, 10:17:47 AM
Post by: katthjul on October 01, 2015, 11:13:29 AM
Joining as well. I was waiting for the new month only to almost miss it.
2015-08-31 9,999
2015-09-30 9,986
My savings in September was a only third of my target number due to moving.
Post by: Eristheunorganized on October 01, 2015, 11:20:12 PM
Post by: Pooplips on October 02, 2015, 05:11:49 AM
1/1/2015 - $46,207.00
2/1/2015 - $47,296.00
3/9/15 - PC Net Worth $53,877
4/1/2015 - $60,080.00
5/1/2015 - $63,589.00
6/1/2015 - $65,962.00
6/26/2015 - $70,181.00
7/31/2015 - $72,988.00
9/1/2015 - $73,706.00
10/2/2015 - $76,853.00
(edit to add 1/1 & 2/1 data)
Post by: frugalfanny on October 02, 2015, 01:30:35 PM
Post by: Woodro85 on October 05, 2015, 03:08:22 PM
I also have a temporary roommate for a few months which helps earn a few hundred extra dollars per month.
Post by: Pooperman on October 05, 2015, 03:24:19 PM
Post by: CanIndian on October 06, 2015, 06:36:41 AM
Not a great month, August. The markets, the exchange rate and some unplanned home expenses cropping up leading to the first negative month in 2015. Sept might be worth looking forward to, with a small hike and the expenses at the home stabilizing.Market headwinds continue, but some additional income (hike, arrears and canada tax benefits arrears) has kicked in to push the savings higher and buy more into the uncertain market.
May 2015: $63,000
June 2015: $65,550
July 2015: $74,250
Aug 2015: $73,900
June 2015: $65,550
July 2015: $74,250
Aug 2015: $73,900
Sep 2015: $78,300
90K looks difficult by Dec 2015. But still on target for 100k by Mar / Apr 2016.
Post by: Mazzinator on October 08, 2015, 11:13:38 AM
I'm in!! End of may was around $4k net worth. Hoping for $100k in 18-24 months.
Savings $75k
Student loans -$71k
Net worth $4k
I already have a journal, if you really want to see just how crazy i am ;) otherwise...good luck!!!
1 year update... (I "quit" tracking because i can't update the google doc)
Savings $135k
Student loans -$54k
NW $81k
Great job everybody!!! And congrats to those who already made it!!
I'm still hanging in there!!
Savings $135k
Student loans $46k
NW = $88k
Post by: ranchingretirement on October 15, 2015, 08:29:47 PM
I've read MMM for about a year now, but I'm new to the forums. I was recently promoted at work and my family and I are making a cross-country move as part of the transfer. My wife and I are 27, with no children and no student loan debt. We do carry a significant amount of CC debt (all at 0% with the use of balance transfer checks (2-3% per transaction)). We are currently trying to max out all tax-advantaged accounts (~50k/year, primary) while also paying down the CC debt (secondary). Our current goal is to reach $100k in net worth by June 2016 and $250k by her 30th birthday, with an eye towards FIRE sometime in our late 30s. We are also wanting to raise a family, but aren't planning on having children anytime in the next few years. Below is our net worth trajectory over the past 6 months:
March 2015: $36,337
April 2015: $38,120
May 2015: $42,347
June 2015: $47,346
July 2015: $56,109
August 2015: $59,985
Looking forward to hearing other stories as we all reach towards $100k!
September 2015: $59,189
Tough month in the stock market, and my wife is looking for work following our move. The march towards $100k may be stuck in the $60's for the next few months, but the goal is still June 2016.
October 2015: $65,204
A much better month for us, as some of the index funds purchased at a discount in Sept. rose. Also added $700 to our HSA via employer contribution. $100k by June 2016 remains the short term goal.
Post by: givemesunshine on October 18, 2015, 08:27:45 PM
Entered my 31st October 2015 result early - off on a work trip and will be income/expenditure neutral for a while!
Happy with my recent progress after some expensive medical costs early in the year.
Best of luck to all.
Post by: Pooplips on October 30, 2015, 05:37:20 AM
1/1/2015 - $46,207.00
2/1/2015 - $47,296.00
3/9/15 - PC Net Worth $53,877
4/1/2015 - $60,080.00
5/1/2015 - $63,589.00
6/1/2015 - $65,962.00
6/26/2015 - $70,181.00
7/31/2015 - $72,988.00
9/1/2015 - $73,706.00
10/2/2015 - $76,853.00
10/30/2015 - $80,747.00
Post by: Pooperman on October 30, 2015, 06:35:48 AM
Post by: SpareChange on October 30, 2015, 10:50:32 AM
Post by: katthjul on October 31, 2015, 03:06:11 AM
2015-08-31 9,999
2015-09-30 9,986
2015-10-30 14,504
Good results this month with positive growth for all funds. I had a larger contribution this month due to my holiday pay and the value of my portfolio increased just above its historical cost.
Post by: Malum Prohibitum on October 31, 2015, 10:47:49 AM
$27,512.11 November 2014
$32,550.93 January 2015
$37,692.25 April 2015
$41,623.39 June 2015
$35,929.89 July 2015 (Ouch!!!)
$45,275.83 October 2015
I did not track it in August and September . . . just tried to find a little money to put in the 401(k).
Post by: Malum Prohibitum on October 31, 2015, 10:50:36 AM
How did you manage to avoid a dip in July-September? Unlike everybody else, yours just goes up and up and up like the Energizer Bunny.
1/1/2015 - $46,207.00
2/1/2015 - $47,296.00
3/9/15 - PC Net Worth $53,877
4/1/2015 - $60,080.00
5/1/2015 - $63,589.00
6/1/2015 - $65,962.00
6/26/2015 - $70,181.00
7/31/2015 - $72,988.00
9/1/2015 - $73,706.00
10/2/2015 - $76,853.00
10/30/2015 - $80,747.00
Post by: Apples on November 01, 2015, 07:47:12 AM
Good luck to everyone else, keep it going :)
Post by: tarheeldan on November 01, 2015, 07:48:08 AM
We did it! Our net worth (including everything) is $101,521.89. Woohoo six figures!
Congratulations!!
Post by: frogger on November 01, 2015, 11:33:22 AM
So, with the modified numbers:
September 30: 1,100
October 31: 4,100
Positive movement, at least.
Post by: Pooperman on November 01, 2015, 11:36:14 AM
Well, I decided to stop counting the value of my car in my NW and went back and recalculated and edited my figures since the start of the race. The bad news is I had to reset well below 10K again. The good news is that I get to do the 10K dance over again in probably five-ish months, now with less depreciation.
So, with the modified numbers:
September 30: 1,100
October 31: 4,100
Positive movement, at least.
Positive, positive movement :). My earlier estimate was way off (market did too well). I'll put in the official number later on today.
Post by: mrteacher on November 01, 2015, 11:42:41 AM
9/1: $78,487.07
10/1: $81,428.69
11/1: $87,887.66
Up over $6,000 this month. During the summer I figured I'd hit $100,000 by June 2016. Obviously the market will not perform like October every month, but I think if I keep up my increased savings rate, I could hit $100,000 by early April. That's five months to add ~$12,000 which is definitely doable. Then, on to $250k!!!
Post by: CanIndian on November 01, 2015, 01:06:31 PM
Market headwinds continue, but some additional income (hike, arrears and canada tax benefits arrears) has kicked in to push the savings higher and buy more into the uncertain market.Made a minor accounting adjustment. Used to consider the 2nd paycheck of the month for the following month's budgeting. But that used to cause a bit of confusion in calculations. I had to make that adjustment eventually and I bit the bullet this month. That reflects in the sudden jump of close to 7700 this month.
June 2015: $65,550
July 2015: $74,250
Aug 2015: $73,900
Sep 2015: $78,300
90K looks difficult by Dec 2015. But still on target for 100k by Mar / Apr 2016.
But this number is a correct reflection of NetWorth (all the accounts put together) as they stand on 31st Oct 2015 .
June 2015: $65,550
July 2015: $74,250
Aug 2015: $73,900
Sep 2015: $78,300
Oct 2015: $86,014
Post by: SpareChange on November 01, 2015, 01:15:46 PM
We did it! Our net worth (including everything) is $101,521.89. Woohoo six figures! The market going back up was a big help this month. As were some decreased expenses that gave us a couple hundred extra bucks. $71,510 is in investments, and the rest is in various savings and checking accounts. Moving on up to the next thread-though I think we'll be a bit slower than some other people on that climb. We were hoping to hit $100,000 by the end of the year, and we made it with two months to go! Woohoo!
Good luck to everyone else, keep it going :)
Congrats!! Hope to join you in a few months in the next thread!
Post by: steveo on November 01, 2015, 01:29:35 PM
Post by: celticmyst08 on November 01, 2015, 06:29:49 PM
EOY 2014: 20,639.31
Jan 2015: 22,508.74
Feb 2015: 30,778.55
Mar 2015: 34,001.91
Apr 2015: 36,607.49
May 2015: 38,382.26
Jun 2015: 42,838.00
Jul 2015: 48,495.61
Aug 2015: 46,205.22
Sep 2015: 49,753.59
Oct 2015: 53,968.55
Post by: Pooplips on November 02, 2015, 06:31:57 AM
How did you manage to avoid a dip in July-September? Unlike everybody else, yours just goes up and up and up like the Energizer Bunny.
1/1/2015 - $46,207.00
2/1/2015 - $47,296.00
3/9/15 - PC Net Worth $53,877
4/1/2015 - $60,080.00
5/1/2015 - $63,589.00
6/1/2015 - $65,962.00
6/26/2015 - $70,181.00
7/31/2015 - $72,988.00
9/1/2015 - $73,706.00
10/2/2015 - $76,853.00
10/30/2015 - $80,747.00
Right before the market turned I recieved a substantial raise that I dumped entirely into my defered compensation account. (I tripled my contributions)
If the market hadn't dipped I would have went up much faster. haha. Lucky timing I guess.
Post by: Malum Prohibitum on November 02, 2015, 08:28:44 AM
Officially over halfway there!!Your post stood out to me because of the time period and somewhat similar numbers. You started tracking around the same time I did. You kicked my butt, however. See post #680, a few above. You started with less than me and ended up with more than me in October.
EOY 2014: 20,639.31
Jan 2015: 22,508.74
Feb 2015: 30,778.55
Mar 2015: 34,001.91
Apr 2015: 36,607.49
May 2015: 38,382.26
Jun 2015: 42,838.00
Jul 2015: 48,495.61
Aug 2015: 46,205.22
Sep 2015: 49,753.59
Oct 2015: 53,968.55
I need to kick my rear end into gear and get this net worth thing moving . . .
Post by: $40Kby40 on November 02, 2015, 08:43:30 AM
Just started a journal on here with a plan of having $80K net worth (40K for me and 40K for my husband)by the end of 2017. Maybe this will motivate/help me to get to the $100K mark instead by that time.
As of 30 Oct - $30,648
Post by: mrteacher on November 02, 2015, 08:47:06 AM
I'd like to join in, although I'm starting above $10,000. It seems like others have as well so hope it's ok.
Just started a journal on here with a plan of having $80K net worth (40K for me and 40K for my husband)by the end of 2017. Maybe this will motivate/help me to get to the $100K mark instead by that time.
As of 30 Oct - $30,648
I found MMM, joined the forums, and hopped on board with this challenge with around $70k net worth. Starting above $10,000 is quite alright!
Post by: Woodro85 on November 02, 2015, 02:12:14 PM
Welcome to the challenge $40kby40!
And congrats to everyone else who seems to be making solid progress in their financial goals.
I had a good month with markets recovering a bit, a nice raise at work coming through, and temporarily having a roommate for an extra few hundred bucks a month. Long way to go but ahead of my goals right now.
8/1/2015 $52,700.00
9/1/2015 $57,358.64
10/1/2015 $59,144.58
11/1/2015 $63,499.72
Post by: celticmyst08 on November 02, 2015, 03:09:08 PM
Officially over halfway there!!Your post stood out to me because of the time period and somewhat similar numbers. You started tracking around the same time I did. You kicked my butt, however. See post #680, a few above. You started with less than me and ended up with more than me in October.
EOY 2014: 20,639.31
Jan 2015: 22,508.74
Feb 2015: 30,778.55
Mar 2015: 34,001.91
Apr 2015: 36,607.49
May 2015: 38,382.26
Jun 2015: 42,838.00
Jul 2015: 48,495.61
Aug 2015: 46,205.22
Sep 2015: 49,753.59
Oct 2015: 53,968.55
I need to kick my rear end into gear and get this net worth thing moving . . .
Ha, thanks, well I feel the same way about some other posters who are kicking my butt! I guess that's the whole point of this thread huh? The more butt kicking, the more motivation. :D
Post by: SpareChange on November 02, 2015, 11:38:12 PM
Post by: carozy on November 03, 2015, 05:57:33 AM
I am here to make you all feel better about yourselves. :)
I have gone from -$52,745.00 in May 2014 to -$10,177.00 in October 2015. My stretch goal was a big fat $0 net worth by the end of 2015. I know it's still possible, but it will definitely be a stretch! Fingers crossed!!!
Curse you, student loans!!!
That is very impressive! You are doing something about them, good for you! :)
EDIT: Just added my net worth in a day or two late.
Post by: kickel on November 03, 2015, 09:12:38 AM
Post by: Mazzinator on November 03, 2015, 11:13:11 AM
I'm in!! End of may was around $4k net worth. Hoping for $100k in 18-24 months.
Savings $75k
Student loans -$71k
Net worth $4k
I already have a journal, if you really want to see just how crazy i am ;) otherwise...good luck!!!
1 year update... (I "quit" tracking because i can't update the google doc)
Savings $135k
Student loans -$54k
NW $81k
Great job everybody!!! And congrats to those who already made it!!
I'm still hanging in there!!
Savings $135k
Student loans $46k
NW = $88k
Oct 2015
Save $140,158
Debt $46,734
NW = $93,424
Sooooo close!!!
Post by: Rodgers12 on November 03, 2015, 12:27:30 PM
8/31/2015: $34,949
9/30/2015: $35,722
10/31/2015: $37,797
Post by: tarheeldan on November 11, 2015, 04:57:07 AM
It was weird going down in September!
July: 79,961.10
Aug: 81,646.21
Sep: 79,574.76 - ouch
Oct: 87,961.41 - woohoo!
Looking good to hit my baseline target of $90,500 for the year - hoping to get closer to the finish line though!
Post by: SpareChange on November 11, 2015, 12:19:36 PM
Congrats to all on their progress!
It was weird going down in September!
July: 79,961.10
Aug: 81,646.21
Sep: 79,574.76 - ouch
Oct: 87,961.41 - woohoo!
Looking good to hit my baseline target of $90,500 for the year - hoping to get closer to the finish line though!
Great month!!
Post by: ranchingretirement on November 15, 2015, 08:10:37 AM
I've read MMM for about a year now, but I'm new to the forums. I was recently promoted at work and my family and I are making a cross-country move as part of the transfer. My wife and I are 27, with no children and no student loan debt. We do carry a significant amount of CC debt (all at 0% with the use of balance transfer checks (2-3% per transaction)). We are currently trying to max out all tax-advantaged accounts (~50k/year, primary) while also paying down the CC debt (secondary). Our current goal is to reach $100k in net worth by June 2016 and $250k by her 30th birthday, with an eye towards FIRE sometime in our late 30s. We are also wanting to raise a family, but aren't planning on having children anytime in the next few years. Below is our net worth trajectory over the past 6 months:
March 2015: $36,337
April 2015: $38,120
May 2015: $42,347
June 2015: $47,346
July 2015: $56,109
August 2015: $59,985
September 2015: $59,189
October 2015: $65,204
November 2015: $67,240
Will be looking to contribute more to 401(k) over next few paychecks to minimize income tax in spring of 2016.
Post by: JLee on November 20, 2015, 10:37:43 AM
I'm so close...got paid again, 401k contribution is out of my check but hasn't hit Vanguard yet, so I'm adding it anyway.
$7725.02 net cash (zeroing current CC balance)
$38912.77 house equity
$3085.31 employer stock
$3136.02 Franklin Templeton
$43,068.59 Vanguard
$96,975.13
SO CLOSE!!! I even spent ~$450 I wouldn't have normally spent this month...definitely makes me want to curb spending even more so I break 100k, hahaha...
Just in investments/housing - I'm there!
$57526 401k/IRA/taxable
$48255 home equity if Zillow is to be believed (a proper appraisal is on my list of things to do so I can drop PMI)
$105,781! :)
Post by: tarheeldan on November 20, 2015, 10:45:42 AM
$105,781! :)
Congratulations!!!!!!!
Post by: ohyonghao on November 20, 2015, 05:04:49 PM
I'm so close...got paid again, 401k contribution is out of my check but hasn't hit Vanguard yet, so I'm adding it anyway.
$7725.02 net cash (zeroing current CC balance)
$38912.77 house equity
$3085.31 employer stock
$3136.02 Franklin Templeton
$43,068.59 Vanguard
$96,975.13
SO CLOSE!!! I even spent ~$450 I wouldn't have normally spent this month...definitely makes me want to curb spending even more so I break 100k, hahaha...
Just in investments/housing - I'm there!
$57526 401k/IRA/taxable
$48255 home equity if Zillow is to be believed (a proper appraisal is on my list of things to do so I can drop PMI)
$105,781! :)
Good luck on dropping the PMI, we just dropped ours last month :-D. Wonderful progress, I'll see you over on the other thread.
Post by: kpd905 on November 20, 2015, 06:40:03 PM
Post by: SpareChange on November 21, 2015, 12:09:05 AM
I'm so close...got paid again, 401k contribution is out of my check but hasn't hit Vanguard yet, so I'm adding it anyway.
$7725.02 net cash (zeroing current CC balance)
$38912.77 house equity
$3085.31 employer stock
$3136.02 Franklin Templeton
$43,068.59 Vanguard
$96,975.13
SO CLOSE!!! I even spent ~$450 I wouldn't have normally spent this month...definitely makes me want to curb spending even more so I break 100k, hahaha...
Just in investments/housing - I'm there!
$57526 401k/IRA/taxable
$48255 home equity if Zillow is to be believed (a proper appraisal is on my list of things to do so I can drop PMI)
$105,781! :)
Good to see the Class of 2015 growing!
Post by: tarheeldan on November 28, 2015, 05:34:23 AM
This month: 88,795.86
+934.45
Some headwinds this month, but still moving forward. Should still beat $90,500 target by EOY!
Hoping to hit $100k by the end of the first quarter.
Post by: SpareChange on November 29, 2015, 07:28:32 PM
Post by: CanIndian on November 29, 2015, 10:05:26 PM
Steady progress and ~2,600 growth this month despite a lot of un-planned expenses this month. A bit of tightening up to do in the holiday season to end the year on a high.Market headwinds continue, but some additional income (hike, arrears and canada tax benefits arrears) has kicked in to push the savings higher and buy more into the uncertain market.Made a minor accounting adjustment. Used to consider the 2nd paycheck of the month for the following month's budgeting. But that used to cause a bit of confusion in calculations. I had to make that adjustment eventually and I bit the bullet this month. That reflects in the sudden jump of close to 7700 this month.
June 2015: $65,550
July 2015: $74,250
Aug 2015: $73,900
Sep 2015: $78,300
90K looks difficult by Dec 2015. But still on target for 100k by Mar / Apr 2016.
But this number is a correct reflection of NetWorth (all the accounts put together) as they stand on 31st Oct 2015 .
June 2015: $65,550
July 2015: $74,250
Aug 2015: $73,900
Sep 2015: $78,300
Oct 2015: $86,014
June 2015: $65,550
July 2015: $74,250
Aug 2015: $73,900
Sep 2015: $78,300
Oct 2015: $86,014
Nov 2015: $88,620
Post by: Pooplips on November 30, 2015, 06:02:57 AM
1/1/2015 - $46,207.00
2/1/2015 - $47,296.00
3/9/15 - PC Net Worth $53,877
4/1/2015 - $60,080.00
5/1/2015 - $63,589.00
6/1/2015 - $65,962.00
6/26/2015 - $70,181.00
7/31/2015 - $72,988.00
9/1/2015 - $73,706.00
10/2/2015 - $76,853.00
10/30/2015 - $80,747.00
11/30/2015 - $95,741.00
I just passed the 5 year mark at work which increased my vested pension amount substantially. I can see the finish line but the next month or two will be much slower with christmas and some medical bills coming in.
Post by: Rodgers12 on November 30, 2015, 03:59:11 PM
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
Post by: Pooperman on November 30, 2015, 04:24:46 PM
Post by: $40Kby40 on November 30, 2015, 11:42:31 PM
30 Nov - $32,564
Post by: mrteacher on December 01, 2015, 08:16:07 AM
10/1: $81,428.69
11/1: $87,887.66
12/1: $90,220.55
Smaller increase than last month (no huge market gains), but ever upward!! With three paychecks this month and a stipend for my winter coaching position, December should be a great month for the NW.
Still aiming to hit $100,000 sometime in the March-May time frame - hoping for March.
Post by: tarheeldan on December 01, 2015, 07:52:50 PM
I am in negative 4 digits!!! -$8467.04
Nice! You were at -52k in May of last year and now, before you know it you'll be in positive territory!
Post by: AcftW on December 01, 2015, 08:11:54 PM
Just hit $40,061 as of 1 December.
Post by: tarheeldan on December 01, 2015, 08:13:38 PM
Is it too late to join this?Welcome!
Just hit $40,061 as of 1 December.
Post by: AcftW on December 01, 2015, 08:18:57 PM
Post by: mrteacher on December 02, 2015, 05:38:11 AM
Thanks! I've been lurking on here since October, and finally decided to join up today. It's been inspiring to read about so many successes, and a great motivator for me. Aiming to learn as much as I can from you all.
Great to have you!
Post by: onehair on December 02, 2015, 08:53:01 AM
Post by: Woodro85 on December 04, 2015, 10:32:28 AM
my update:
9/1/2015 $57,358.64
10/1/2015 $59,144.58
11/1/2015 $63,499.72
12/1/2015 $65,796.16
My goal is to start the new year breaking the $70K barrier, should be doable as December is sort of a 3 pay cheque month (3rd pay cheque on January 1 and I do my NW update the 1st of each month). If things go well, I think I can graduate from this group by end of summer 2016. Happy saving to all!
Post by: celticmyst08 on December 04, 2015, 09:09:37 PM
Jan 2015: 22,508.74
Feb 2015: 30,778.55
Mar 2015: 34,001.91
Apr 2015: 36,607.49
May 2015: 38,382.26
Jun 2015: 42,838.00
Jul 2015: 48,495.61
Aug 2015: 46,205.22
Sep 2015: 49,753.59
Oct 2015: 54,243.55
Nov 2015: 59,392.35
Up 9.49%! Sooo close to $60k, which is our end of 2015 goal.
Post by: katthjul on December 05, 2015, 01:13:58 PM
2015-08-31 9,999
2015-09-30 9,986
2015-10-30 14,504
2015-11-30 16,724
Saved much less than planned and might not be able to hit my target savings rate for 2015.
Post by: Mazzinator on December 07, 2015, 06:48:17 AM
Savings $138,560I'm in!! End of may was around $4k net worth. Hoping for $100k in 18-24 months.
Savings $75k
Student loans -$71k
Net worth $4k
I already have a journal, if you really want to see just how crazy i am ;) otherwise...good luck!!!
1 year update... (I "quit" tracking because i can't update the google doc)
Savings $135k
Student loans -$54k
NW $81k
Great job everybody!!! And congrats to those who already made it!!
I'm still hanging in there!!
Savings $135k
Student loans $46k
NW = $88k
Oct 2015
Save $140,158
Debt $46,734
NW = $93,424
Sooooo close!!!
Debt $46,822
NW = $91,738 grrrr it went down...
Post by: Malum Prohibitum on December 07, 2015, 03:07:40 PM
It was negative all of my life until two or three years ago (at one point negative $200k or so). I never tracked it because it was too depressing.
$27,512.11 November 2014
$32,550.93 January 2015
$37,692.25 April 2015
$41,623.39 June 2015
$35,929.89 July 2015 (Ouch!!!)
$45,275.83 October 2015
$54,907 November 30, 2105
17.5% increase? Somebody check my math.
Post by: Malum Prohibitum on December 07, 2015, 03:09:37 PM
EOY 2014: 20,639.31And you're still ahead in November! I can see your tail lights and am choking on your dust!
Jan 2015: 22,508.74
Feb 2015: 30,778.55
Mar 2015: 34,001.91
Apr 2015: 36,607.49
May 2015: 38,382.26
Jun 2015: 42,838.00
Jul 2015: 48,495.61
Aug 2015: 46,205.22
Sep 2015: 49,753.59
Oct 2015: 54,243.55
Nov 2015: 59,392.35
Up 9.49%! Sooo close to $60k, which is our end of 2015 goal.
Post by: celticmyst08 on December 08, 2015, 04:01:12 PM
EOY 2014: 20,639.31And you're still ahead in November! I can see your tail lights and am choking on your dust!
Jan 2015: 22,508.74
Feb 2015: 30,778.55
Mar 2015: 34,001.91
Apr 2015: 36,607.49
May 2015: 38,382.26
Jun 2015: 42,838.00
Jul 2015: 48,495.61
Aug 2015: 46,205.22
Sep 2015: 49,753.59
Oct 2015: 54,243.55
Nov 2015: 59,392.35
Up 9.49%! Sooo close to $60k, which is our end of 2015 goal.
If you keep up those 17% increases, you'll pass me in no time. :P
Post by: ranchingretirement on December 15, 2015, 08:17:14 PM
I've read MMM for about a year now, but I'm new to the forums. I was recently promoted at work and my family and I are making a cross-country move as part of the transfer. My wife and I are 27, with no children and no student loan debt. We do carry a significant amount of CC debt (all at 0% with the use of balance transfer checks (2-3% per transaction)). We are currently trying to max out all tax-advantaged accounts (~50k/year, primary) while also paying down the CC debt (secondary). Our current goal is to reach $100k in net worth by June 2016 and $250k by her 30th birthday, with an eye towards FIRE sometime in our late 30s. We are also wanting to raise a family, but aren't planning on having children anytime in the next few years. Below is our net worth trajectory over the past 9 months:
March 2015: $36,337
April 2015: $38,120
May 2015: $42,347
June 2015: $47,346
July 2015: $56,109
August 2015: $59,985
September 2015: $59,189
October 2015: $65,204
November 2015: $67,240
December 2015: $66,735
[/quote]
Took a drop due to performance of stock market, but was able to snatch up quite a few shares on the cheap...will bode well for 2016!
Post by: SGontour on December 22, 2015, 07:40:14 AM
January 2015: CHF 49,805
...
November 2015: CHF 66,524
Post by: johnny847 on December 22, 2015, 11:04:35 AM
I've read MMM for about a year now, but I'm new to the forums. I was recently promoted at work and my family and I are making a cross-country move as part of the transfer. My wife and I are 27, with no children and no student loan debt. We do carry a significant amount of CC debt (all at 0% with the use of balance transfer checks (2-3% per transaction)). We are currently trying to max out all tax-advantaged accounts (~50k/year, primary) while also paying down the CC debt (secondary). Our current goal is to reach $100k in net worth by June 2016 and $250k by her 30th birthday, with an eye towards FIRE sometime in our late 30s. We are also wanting to raise a family, but aren't planning on having children anytime in the next few years. Below is our net worth trajectory over the past 9 months:
March 2015: $36,337
April 2015: $38,120
May 2015: $42,347
June 2015: $47,346
July 2015: $56,109
August 2015: $59,985
September 2015: $59,189
October 2015: $65,204
November 2015: $67,240
December 2015: $66,735
Took a drop due to performance of stock market, but was able to snatch up quite a few shares on the cheap...will bode well for 2016!
[/quote]
There are still 6 market trading days left in the year after today.
Post by: edmundblackadder on December 30, 2015, 11:07:24 AM
Post by: SpareChange on December 30, 2015, 12:50:09 PM
Up 56,770.74 for the year.
Post by: SGontour on December 31, 2015, 12:40:08 AM
I am based in Switzerland, thus calculating in Swiss Francs (CHF almost same as USD):
January 2015: CHF 49,805
...
November 2015: CHF 66,524
December 2015: CHF 66,375
Down a little bit, but I get a salary rise of about 5% and a bonus for 2015 in January. So hopefully I can save and invest more in 2016. Target is to get to 100k by end of 2016; also depending on the market of course.
Post by: Pooplips on December 31, 2015, 05:13:46 AM
1/1/2015 - $46,207.00
2/1/2015 - $47,296.00
3/9/15 - PC Net Worth $53,877
4/1/2015 - $60,080.00
5/1/2015 - $63,589.00
6/1/2015 - $65,962.00
6/26/2015 - $70,181.00
7/31/2015 - $72,988.00
9/1/2015 - $73,706.00
10/2/2015 - $76,853.00
10/30/2015 - $80,747.00
11/30/2015 - $95,741.00
12/31/2015 - 99,740.00
Big increase this month with the generous christmas gifts from our parents. So close I can taste it.
Post by: Pooperman on December 31, 2015, 05:53:36 AM
We hit $57,650 at the end of the year. January is not going to be good for the NW, I suspect. Something like $9k in unusual expenses on top of the usual $3k spending with only about $6k of net income (+ about $850 in deductions/savings so about $7k). -$5k here we come! If I can break it out over a couple of months or reduce it via credit card rewards, I will. It's still going to hurt though.
Post by: Pooplips on December 31, 2015, 06:00:29 AM
Nice pooplips!
We hit $57,650 at the end of the year. January is not going to be good for the NW, I suspect. Something like $9k in unusual expenses on top of the usual $3k spending with only about $6k of net income (+ about $850 in deductions/savings so about $7k). -$5k here we come! If I can break it out over a couple of months or reduce it via credit card rewards, I will. It's still going to hurt though.
Thanks Pooperman.
Yeah I just read that on your journal this morning. We might not have a great January as well with some medical bills coming due but so it goes. I dont know about you but I think 2016 is going to be a bad ass year for anyone with "poop" in their username. ;)
Post by: Woodro85 on December 31, 2015, 12:28:51 PM
$70,395.59 to be exact, an increase of 6.5%.
I think I'll slow down on growth a little over the next few months with things like ei and cpp (canada) payments coming off the paycheques again, as well as property taxes, insurance, etc. Hoping to graduate from this group in 2016. Conservative target is by end of December but if things go alright I might be able to get it done by the end of Summer.
Happy new year to all, may your stache start to curl in 2016!
Post by: $40Kby40 on January 01, 2016, 04:01:51 AM
30 Oct - $30,648
30 Nov - $32,564
30 Dec - $37,354
Post by: katthjul on January 01, 2016, 04:49:18 AM
2015-08-31 9,999A very small increase from last month due to less savings, but 2015 ends with an overall increase of 67%.
2015-09-30 9,986
2015-10-30 14,504
2015-11-30 16,724
2015-12-31 16,743
I have a bit of mixed feelings about the conditions for 2016. The rate which controls the investment tax rate and student loan interest rate is dropping towards zero, but the tax code was changed to ensure a minimum investment tax rate.
Post by: tarheeldan on January 01, 2016, 06:23:10 AM
Lower than avg expenses + holiday OT = good month. Up over 5k (6.02%) to just over 90K. Home stretch! ;).Nice jump! We're almost there
Up 56,770.74 for the year.
Post by: tarheeldan on January 01, 2016, 06:23:35 AM
Soooo close!1/1/2015 - $46,207.00
2/1/2015 - $47,296.00
3/9/15 - PC Net Worth $53,877
4/1/2015 - $60,080.00
5/1/2015 - $63,589.00
6/1/2015 - $65,962.00
6/26/2015 - $70,181.00
7/31/2015 - $72,988.00
9/1/2015 - $73,706.00
10/2/2015 - $76,853.00
10/30/2015 - $80,747.00
11/30/2015 - $95,741.00
12/31/2015 - 99,740.00
Big increase this month with the generous christmas gifts from our parents. So close I can taste it.
Post by: tarheeldan on January 01, 2016, 06:25:06 AM
I broke my Goal of 70k networth to start 2016.Happy New Year! Congrats on reaching your goal!
$70,395.59 to be exact, an increase of 6.5%.
I think I'll slow down on growth a little over the next few months with things like ei and cpp (canada) payments coming off the paycheques again, as well as property taxes, insurance, etc. Hoping to graduate from this group in 2016. Conservative target is by end of December but if things go alright I might be able to get it done by the end of Summer.
Happy new year to all, may your stache start to curl in 2016!
Post by: mrteacher on January 01, 2016, 01:14:41 PM
9/1: $78,487.07
10/1: $81,428.69
11/1: $87,887.66
12/1: $90,220.55
Smaller increase than last month (no huge market gains), but ever upward!! With three paychecks this month and a stipend for my winter coaching position, December should be a great month for the NW.
Still aiming to hit $100,000 sometime in the March-May time frame - hoping for March.
1/1: $94,782.59
When I started tracking net worth (in August), I estimated that it'd take me until June 2016 to hit $100k...wow! Barring a crisis, I should cross the $100k threshold in March 2016. Cool!
Also proud of my total 2015 increase in net worth: $30,000
Congrats on the awesome savings, everyone!
Post by: McStache on January 01, 2016, 04:15:19 PM
Post by: AcftW on January 01, 2016, 05:18:41 PM
$43,153 - 1 Jan 2016
Slowly but surely. Market got me a bit, but stayed in the black.
Post by: GoldenNeko on January 01, 2016, 06:11:59 PM
I'm probably getting married in a few years, and my pay is far from high, so this will be a challenge, but I'd like to set the time limit at: 12/31/2020 max
It will be good motivation to ask for a raise/apply to better jobs, and keep on being mustachian in all other areas...
Quick history of my finances:
dec 2011 -8 700
dec 2012 -8 800
dec 2013 -4 270
dec 2014 1 660
dec 2015 13 560 (guess which year I met MMM ^^)
Post by: celticmyst08 on January 01, 2016, 10:38:15 PM
Jan 2015: 22,508.74
Feb 2015: 30,778.55
Mar 2015: 34,001.91
Apr 2015: 36,607.49
May 2015: 38,382.26
Jun 2015: 42,838.00
Jul 2015: 48,495.61
Aug 2015: 46,205.22
Sep 2015: 49,753.59
Oct 2015: 54,243.55
Nov 2015: 59,392.35
Dec 2015: 63,072.56
Post by: carozy on January 02, 2016, 03:28:13 PM
Post by: mastrr on January 02, 2016, 04:17:57 PM
Total Assets: $174,000
Total Debt (including mortgage): $141,426
Jan 2016 - $32,795
Post by: kpd905 on January 02, 2016, 07:23:10 PM
Post by: SpareChange on January 03, 2016, 04:23:55 PM
Lower than avg expenses + holiday OT = good month. Up over 5k (6.02%) to just over 90K. Home stretch! ;).Nice jump! We're almost there
Up 56,770.74 for the year.
Thanks! Yes, we are!
Post by: SpareChange on January 03, 2016, 04:25:29 PM
I made it! I crossed $100,000 shortly before Christmas, then held my breath while the markets zig zagged this past week. But I just checked and I'm still north of $100k, therefore making it officially official.
Excellent! Congratulations!!! :)
Post by: McStache on January 03, 2016, 07:16:25 PM
I made it! I crossed $100,000 shortly before Christmas, then held my breath while the markets zig zagged this past week. But I just checked and I'm still north of $100k, therefore making it officially official.
Excellent! Congratulations!!! :)
Thanks! Hopefully, I'll see you on the 100k-250k thread in a couple of months
Post by: JLee on January 03, 2016, 08:36:43 PM
Post by: steveo on January 04, 2016, 01:12:29 AM
4th January 2016 : 55k.
Post by: MVal on January 04, 2016, 11:04:14 AM
I've passed 100k if I factor in home equity, but I closed the year around 61k invested - I'm hoping to break 100k just in investments in 2016, so I'll stick around! :D
Realistically, I'm looking to hit $75K by the end of 2016, with a stretch-goal of $80K. I can't wait to hit $100K!
I have a good job, but I can't see myself staying in it for 5 more years. Great benefits, but I am fairly bored in it and would like to do other things with my life. I think if I could get a NW of $100K with about $20K in cash, I could feel comfortable with the risk of trying something else. I just want to have the cushion of being able to quit anything I'm not happy with. The last thing I want to do is quit my ho-hum but secure job for something that sounds good but turns out to be pure misery. I've had a pure misery job, know how easily I could be in one and know a great deal of people continue in one because they have no other choice. I want to keep at least 1-yr of living expenses on hand for bugging out.
Post by: tarheeldan on January 04, 2016, 11:08:49 AM
I made it! I crossed $100,000 shortly before Christmas, then held my breath while the markets zig zagged this past week. But I just checked and I'm still north of $100k, therefore making it officially official.
Congratulations, McStache!
Post by: tarheeldan on January 05, 2016, 07:42:36 PM
Post by: JLee on January 05, 2016, 07:52:06 PM
I've passed 100k if I factor in home equity, but I closed the year around 61k invested - I'm hoping to break 100k just in investments in 2016, so I'll stick around! :D
Realistically, I'm looking to hit $75K by the end of 2016, with a stretch-goal of $80K. I can't wait to hit $100K!
I have a good job, but I can't see myself staying in it for 5 more years. Great benefits, but I am fairly bored in it and would like to do other things with my life. I think if I could get a NW of $100K with about $20K in cash, I could feel comfortable with the risk of trying something else. I just want to have the cushion of being able to quit anything I'm not happy with. The last thing I want to do is quit my ho-hum but secure job for something that sounds good but turns out to be pure misery. I've had a pure misery job, know how easily I could be in one and know a great deal of people continue in one because they have no other choice. I want to keep at least 1-yr of living expenses on hand for bugging out.
Good luck! Sometimes a leap like that turns out even better than you expected. I quit a secure government job just over four years ago to move to the other side of the country (I quit with no job lined up)..fast forward to now - I'm in a new field entirely, my salary has doubled since then and I'm really quite happy. :)
$90k is more likely for me this year, but a stretch goal of $100k sounds good. :D
Post by: SpareChange on January 06, 2016, 12:43:52 AM
$91,055.26 - beat my target of $90,500 for the year but was hoping to be a bit closer to the finish line.
Considering that the markets haven't really pulled any of our weight this past year, you've done great, threadmate. Pure savings grit!
Post by: MVal on January 06, 2016, 03:08:39 PM
I've passed 100k if I factor in home equity, but I closed the year around 61k invested - I'm hoping to break 100k just in investments in 2016, so I'll stick around! :D
Realistically, I'm looking to hit $75K by the end of 2016, with a stretch-goal of $80K. I can't wait to hit $100K!
I have a good job, but I can't see myself staying in it for 5 more years. Great benefits, but I am fairly bored in it and would like to do other things with my life. I think if I could get a NW of $100K with about $20K in cash, I could feel comfortable with the risk of trying something else. I just want to have the cushion of being able to quit anything I'm not happy with. The last thing I want to do is quit my ho-hum but secure job for something that sounds good but turns out to be pure misery. I've had a pure misery job, know how easily I could be in one and know a great deal of people continue in one because they have no other choice. I want to keep at least 1-yr of living expenses on hand for bugging out.
Good luck! Sometimes a leap like that turns out even better than you expected. I quit a secure government job just over four years ago to move to the other side of the country (I quit with no job lined up)..fast forward to now - I'm in a new field entirely, my salary has doubled since then and I'm really quite happy. :)
$90k is more likely for me this year, but a stretch goal of $100k sounds good. :D
Wow, thanks, that is encouraging! I'm glad it turned out so well for you; I just hope the same for myself. I'd love to get into a completely new field. Perhaps my 'stache will fund my journey!
Post by: MVal on January 06, 2016, 03:22:10 PM
I've passed 100k if I factor in home equity, but I closed the year around 61k invested - I'm hoping to break 100k just in investments in 2016, so I'll stick around! :D
Realistically, I'm looking to hit $75K by the end of 2016, with a stretch-goal of $80K. I can't wait to hit $100K!
I have a good job, but I can't see myself staying in it for 5 more years. Great benefits, but I am fairly bored in it and would like to do other things with my life. I think if I could get a NW of $100K with about $20K in cash, I could feel comfortable with the risk of trying something else. I just want to have the cushion of being able to quit anything I'm not happy with. The last thing I want to do is quit my ho-hum but secure job for something that sounds good but turns out to be pure misery. I've had a pure misery job, know how easily I could be in one and know a great deal of people continue in one because they have no other choice. I want to keep at least 1-yr of living expenses on hand for bugging out.
I think you have the right idea. I just resigned from my current job and am starting a new job this month that pays better but the new company is much smaller and not as risk free as my old job. However, with a decent size emergency fund and investments I don't feel worried at all about the transition.
Thanks for the support. Good luck in your new job, hopefully it will stand firm for quite a while. Worst comes to worst, I can always crash with the folks for awhile (not that anyone wants it to come to that!).
Post by: CanIndian on January 06, 2016, 07:58:34 PM
Steady progress and ~2,600 growth this month despite a lot of un-planned expenses this month. A bit of tightening up to do in the holiday season to end the year on a high.December turned out another negative month.
June 2015: $65,550
July 2015: $74,250
Aug 2015: $73,900
Sep 2015: $78,300
Oct 2015: $86,014
Oct 2015: $88,620
A lot of planned expenses during the holiday season went way over budget, with multiple visits across the border to the US.
As I am consolidating only this week the head winds in the market right into 2016 did not help either.
June 2015: $65,550
July 2015: $74,250
Aug 2015: $73,900
Sep 2015: $78,300
Oct 2015: $86,014
Nov 2015: $88,620
Dec 2015: $88,329
Missed the target of reaching 90K by end of 2015, but still on target to reach 100K by Mar / Apr 2016.
The overall gain of 39,829 in 2015 is not much of a jump from 38,300 in 2014.
While the 2nd one born in Dec 2014 and a bunch of related activities, like hosting the parents and in-laws for additional support added to the overall expenses, there were still a lot of unplanned expenses.
I better work further on the frugality muscles in 2016.
Post by: FIRE_Buckeye on January 07, 2016, 11:20:23 PM
Started 2016 at around 55k NW (though, like everyone else, have been getting facepunched by the market this week).
Post by: MVal on January 08, 2016, 10:09:18 AM
In on this thread
Started 2016 at around 55k NW (though, like everyone else, have been getting facepunched by the market this week).
Same here. Similar NW and a bit depressed by what this down market might mean for the rest of the year...I suppose I might be in luck though since I decided to front load my 401K the first two months of 2016 and all the stocks will be "on clearance."
Post by: Rodgers12 on January 09, 2016, 01:45:13 PM
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
Post by: ranchingretirement on January 18, 2016, 07:55:18 AM
I've read MMM for about a year now, but I'm new to the forums. I was recently promoted at work and my family and I are making a cross-country move as part of the transfer. My wife and I are 27, with no children and no student loan debt. We do carry a significant amount of CC debt (all at 0% with the use of balance transfer checks (2-3% per transaction)). We are currently trying to max out all tax-advantaged accounts (~50k/year, primary) while also paying down the CC debt (secondary). Our current goal is to reach $100k in net worth by June 2016 and $250k by her 30th birthday, with an eye towards FIRE sometime in our late 30s. We are also wanting to raise a family, but aren't planning on having children anytime in the next few years. Below is our net worth trajectory over the past 9 months:
March 2015: $36,337
April 2015: $38,120
May 2015: $42,347
June 2015: $47,346
July 2015: $56,109
August 2015: $59,985
September 2015: $59,189
October 2015: $65,204
November 2015: $67,240
December 2015: $66,735
January 2016: $56,680
Took a pretty significant hit due to performance of stock market, but know things will eventually turn around. Until then...BUY CHEAP! 5 months to go until our $100k goal of June 2016.
Post by: Wiggle on January 20, 2016, 12:01:38 PM
Back in May my totals were:
Cash/Savings: $7,772
Mutual Funds (non-retirement, house savings): $10,686
Work Retirement Accounts: $35,726
Total: $54,184
Current Update (call it the beginning of February):
Cash/Savings: $6,376
Mutual Funds (non-retirement, house savings): $10,019
Work Retirement Accounts: $44,890
Total: $61,285 (Increase $7101, $789 per month average)
Post by: HabitualLineStepper on January 27, 2016, 08:13:23 AM
Post by: MrStash on January 28, 2016, 08:45:23 AM
January 1, 2015 - $13,492
December 31, 2015 - $$35,251
My goal by the end of the year is to break $50,000. So far this year I've lost about $3,000 due to the markets. hahah It's kind of impressive. I try to look at it that way anyway :/
Post by: SGontour on January 30, 2016, 08:32:03 AM
January 2015: CHF 49,805
...
November 2015: CHF 66,524
December 2015: CHF 67'473
January 2016: CHF 78,098
(invested 14k of fresh money end of january)
Post by: SpareChange on January 30, 2016, 06:14:31 PM
Up 1,831.75 to 92,328.54. Inching closer....
Post by: Pooplips on January 31, 2016, 12:43:31 PM
1/1/2015 - $46,207.00
2/1/2015 - $47,296.00
3/9/15 - PC Net Worth $53,877
4/1/2015 - $60,080.00
5/1/2015 - $63,589.00
6/1/2015 - $65,962.00
6/26/2015 - $70,181.00
7/31/2015 - $72,988.00
9/1/2015 - $73,706.00
10/2/2015 - $76,853.00
10/30/2015 - $80,747.00
11/30/2015 - $95,741.00
12/31/2015 - $99,740.00
1/31/2016 - $101,376.00
And boom! Despite the down turn I was able to save quite a bit over the month officially getting me over the $100k hump! On to 250k.
Post by: johnny847 on January 31, 2016, 01:25:36 PM
1/31/2016: 100310.75
Yay! Despite the large losses in my portfolio this month I made enough money to still come out slightly ahead in net worth.
On to 250k.
Post by: SpareChange on January 31, 2016, 02:14:23 PM
Post by: CanIndian on February 01, 2016, 06:29:19 AM
December turned out another negative month.
A lot of planned expenses during the holiday season went way over budget, with multiple visits across the border to the US.
As I am consolidating only this week the head winds in the market right into 2016 did not help either.
June 2015: $65,550
July 2015: $74,250
Aug 2015: $73,900
Sep 2015: $78,300
Oct 2015: $86,014
Nov 2015: $88,620
Dec 2015: $88,329
Missed the target of reaching 90K by end of 2015, but still on target to reach 100K by Mar / Apr 2016.
The overall gain of 39,829 in 2015 is not much of a jump from 38,300 in 2014.
While the 2nd one born in Dec 2014 and a bunch of related activities, like hosting the parents and in-laws for additional support added to the overall expenses, there were still a lot of unplanned expenses.
I better work further on the frugality muscles in 2016.
June 2015: $65,550
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
Just broke into the 90Ks zone with Jan, a month late due to market headwinds and all the additional spending during the holiday season. This market turmoil may be long drawn out. Here's hoping that the push comes from savings in 2016 letting us buy more into the markets on sale.
Post by: Pooperman on February 01, 2016, 07:20:52 AM
Post by: MrStash on February 01, 2016, 08:35:05 AM
Jan 2016 - $34,524
Going backwards!
Post by: AcftW on February 01, 2016, 09:42:24 AM
$40,061 - 1 Dec 2015
$43,153 - 1 Jan 2016
$47,634 - 1 Feb 2016
I'm impressed with how I've gone up even though my investments have gone down significantly.
Post by: Imustacheyouaquestion on February 01, 2016, 12:07:59 PM
Post by: Woodro85 on February 01, 2016, 12:29:09 PM
I broke my Goal of 70k networth to start 2016.
$70,395.59 to be exact, an increase of 6.5%.
February 1 2016 - $74,587.69
I include my DB pension in my NW, and keeping a very strong savings rate, thus why I'm able to sustain growth despite the markets. I'm just hoping the markets stay low or fall further this year as I'm in the accumulation phase!
My roommate moved out, but think I might have a new friend lined up to take over to keep the extra money coming in each month.
Post by: $40Kby40 on February 01, 2016, 06:33:40 PM
30 Nov - $32,564
30 Dec - $37,354
30 Jan - $38,789
Post by: tarheeldan on February 01, 2016, 08:42:22 PM
Congratulations!1/1/2015 - $46,207.00
2/1/2015 - $47,296.00
3/9/15 - PC Net Worth $53,877
4/1/2015 - $60,080.00
5/1/2015 - $63,589.00
6/1/2015 - $65,962.00
6/26/2015 - $70,181.00
7/31/2015 - $72,988.00
9/1/2015 - $73,706.00
10/2/2015 - $76,853.00
10/30/2015 - $80,747.00
11/30/2015 - $95,741.00
12/31/2015 - $99,740.00
1/31/2016 - $101,376.00
And boom! Despite the down turn I was able to save quite a bit over the month officially getting me over the $100k hump! On to 250k.
Post by: tarheeldan on February 01, 2016, 08:43:00 PM
12/31/2015: 99489.28 (oh so close)Congrats! See you in the other thread :-)
1/31/2016: 100310.75
Yay! Despite the large losses in my portfolio this month I made enough money to still come out slightly ahead in net worth.
On to 250k.
Post by: tarheeldan on February 02, 2016, 05:43:57 AM
Post by: Pooplips on February 02, 2016, 06:52:00 AM
Congratulations you two. Extra props for doing it in a tough month! See you in the next thread soon enough.
Thank you Thank you. See you soon!
Post by: Rodgers12 on February 02, 2016, 06:58:42 AM
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
Post by: HairyUpperLip on February 02, 2016, 10:34:28 AM
Post by: Woodro85 on February 02, 2016, 11:06:22 AM
12/31/2015: 99489.28 (oh so close)
1/31/2016: 100310.75
Yay! Despite the large losses in my portfolio this month I made enough money to still come out slightly ahead in net worth.
On to 250k.
Congrats! killing it!
Post by: johnny847 on February 02, 2016, 11:09:17 AM
Post by: katthjul on February 03, 2016, 02:10:12 PM
Jan 2016: 15,895
Post by: Mazzinator on February 04, 2016, 11:14:00 AM
Savings $138,560I'm in!! End of may was around $4k net worth. Hoping for $100k in 18-24 months.
Savings $75k
Student loans -$71k
Net worth $4k
I already have a journal, if you really want to see just how crazy i am ;) otherwise...good luck!!!
1 year update... (I "quit" tracking because i can't update the google doc)
Savings $135k
Student loans -$54k
NW $81k
Great job everybody!!! And congrats to those who already made it!!
I'm still hanging in there!!
Savings $135k
Student loans $46k
NW = $88k
Oct 2015
Save $140,158
Debt $46,734
NW = $93,424
Sooooo close!!!
Debt $46,822
NW = $91,738 grrrr it went down...
Save
$129,648
Debt
$45,257
NW $84,391 Down again!!!! Aaahhhhhhh
Post by: mrteacher on February 04, 2016, 11:32:54 AM
10/1: $81,428.69
11/1: $87,887.66
12/1: $90,220.55
1/1: $94,782.59
2/1: $92,959.06
Brutal!!! Down almost $2,000 in NW in January even though it was a three-paycheck month. The market drop in January stung, and will likely push back my $100,000 finish line - it looked in December like I could make it by March...now I think May is more likely, unless the market swings up.
Post by: celticmyst08 on February 04, 2016, 02:46:24 PM
Jan 2015: 22,508.74
Feb 2015: 30,778.55
Mar 2015: 34,001.91
Apr 2015: 36,607.49
May 2015: 38,382.26
Jun 2015: 42,838.00
Jul 2015: 48,495.61
Aug 2015: 46,205.22
Sep 2015: 49,753.59
Oct 2015: 54,243.55
Nov 2015: 59,392.35
Dec 2015: 63,072.56
Jan 2016: 60,176.89
Ouch. We had a $5400 tuition payment to pay, plus almost $1000 car repair, and of course we lost a fair amount in our investments. I'm pretty happy we only went down around $3k, actually.
Still hoping to hit $100k by November or so.
Post by: Rodgers12 on February 29, 2016, 03:07:07 PM
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
February was a really good month for me! Getting so close to that 50k mark and almost half way there to the 100k finish line! Haven't felt this excited to hit a milestone like that since I made my last student loan payment a while back. Judging by my back of the napkin calculations I should be able to surpass 50k net worth by the end of March as long as I keep my spending in check and of course the market is kind to me.
Post by: SpareChange on February 29, 2016, 03:18:54 PM
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
February was a really good month for me! Getting so close to that 50k mark and almost half way there to the 100k finish line! Haven't felt this excited to hit a milestone like that since I made my last student loan payment a while back. Judging by my back of the napkin calculations I should be able to surpass 50k net worth by the end of March as long as I keep my spending in check and of course the market is kind to me.
Nice, steady progress!
Post by: SpareChange on February 29, 2016, 11:37:52 PM
Post by: $40Kby40 on March 01, 2016, 12:55:31 AM
30 Nov - $32,564
30 Dec - $37,354
30 Jan - $38,789
29 Feb - $42,435
Post by: merlin7676 on March 01, 2016, 08:19:55 AM
01/31/16 - $ 44,059
02/29/16 - $46,831
Like everybody else January was a real killer. But I've mostly recovered. This second half of 2016 will see my net worth really skyrocket as the last CC will be paid off and getting rid of the car. So only debt will be mortgage.
Post by: Woodro85 on March 01, 2016, 09:50:38 AM
10/1/2015 $59,144.58
11/1/2015 $63,499.72
12/1/2015 $65,796.16
1/1/2016 $70,395.59
2/1/2016 $74,587.69
3/1/2016 $77,683.18
Humming along. Couple expenses coming up which will slow me down a bit the next couple months. Looking at that 100k mark by late summer/early fall.
Most of my debts are paid off now (one small left to a parent with no interest rate) so I think in a few months my personal finances will truly just be automated and I'm going to stop looking at it so closely.
Congrats to SpareChange on graduation month!
Post by: SGontour on March 01, 2016, 10:10:09 AM
...
November 2015: CHF 66,524
December 2015: CHF 67,473
January 2016: CHF 78,098
February 2016: CHF 81,995
congratulations to all new graduates!
Post by: charis on March 01, 2016, 10:36:47 AM
February 2016: ~$65K
Post by: katthjul on March 01, 2016, 01:23:22 PM
Jan 2016: 15,895
Feb 2016: 17,250
Most of the increase is from paying the annual amount due on my student loan.
Post by: khotte on March 02, 2016, 08:33:50 AM
Post by: CanIndian on March 02, 2016, 09:24:21 AM
June 2015: $65,550
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
Just broke into the 90Ks zone with Jan, a month late due to market headwinds and all the additional spending during the holiday season. This market turmoil may be long drawn out. Here's hoping that the push comes from savings in 2016 letting us buy more into the markets on sale.
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
Post by: MrStash on March 02, 2016, 11:26:41 AM
Quote
Dec 2015 - $35,251
Jan 2016 - $34,524
Feb 2016 - $35,261
Meh. Market gains amounted to a whopping $3.35 in the month of February.
Post by: katthjul on March 02, 2016, 01:30:20 PM
Looks like the spreadsheet keeps getting messed up. Anyone know how to fix it? It's not pulling in the current month's net worth. Also, I input my current months net worth yesterday and it looks like someone sorted and it changed the values that were entered for each person.
I have updated the current month (cell A1) and fixed the formulas in column A and B. The problem with the sorting most likely happens because the columns after January 2016 are outside the sorting range (marked by the green line/letters/numbers). I have not figured out how to extend the range, but that would not fix the misplaced values only prevent it from happen again.
Post by: monstermonster on March 02, 2016, 01:47:50 PM
Post by: queenie on March 02, 2016, 02:09:56 PM
I'd be happy to jump in on a new chart if one is made too!
Post by: Pooperman on March 02, 2016, 02:47:04 PM
I just hit $10K and would love to join this gauntlet. Is there a way to do that at this point? Could we start a new gauntlet since so many people in the original thread seem "done"?
Add yourself!
Post by: dachs on March 02, 2016, 02:59:13 PM
EDIT: Okay I just added myself, hope that was okay.
How do you make sure that there won't be some troll deleting all the data?
Post by: katthjul on March 02, 2016, 04:08:36 PM
Post by: AcftW on March 03, 2016, 08:18:25 AM
$40,061 - 1 Dec 2015
$43,153 - 1 Jan 2016
$47,634 - 1 Feb 2016
$50,404 - 1 Mar 2016
Broke 50,000, seems like a decent milestone on the way to 100k
Post by: katthjul on March 03, 2016, 10:51:16 AM
Looks like the spreadsheet keeps getting messed up. Anyone know how to fix it? It's not pulling in the current month's net worth. Also, I input my current months net worth yesterday and it looks like someone sorted and it changed the values that were entered for each person.
I have updated the current month (cell A1) and fixed the formulas in column A and B. The problem with the sorting most likely happens because the columns after January 2016 are outside the sorting range (marked by the green line/letters/numbers). I have not figured out how to extend the range, but that would not fix the misplaced values only prevent it from happen again.
Can you redo this? I restored to the previous revision to fix the misplaced values, but the formulas were not correct in that version.
It's done. I also figured out how to update the sorting range which should make it safe to sort again.
Post by: dachs on March 03, 2016, 01:40:37 PM
Post by: dachs on March 03, 2016, 03:35:35 PM
dachs Super sorry about that. On March 1st, someone scrambled a bunch of the data, so we had to reset to the previous version. It's been pretty rare *knock on wood* but we can use Revision History to fix such issues.. but it does remove data added after the jumble. If you add it now, it'll stick!
Okay thank you :) But there is no more cell left to add my name. Is there a special way to add a new cell? I don't want to mess up the table.
Post by: dachs on March 03, 2016, 04:31:53 PM
Post by: dachs on March 05, 2016, 08:14:47 AM
Post by: katthjul on March 05, 2016, 09:30:57 AM
Also don't enter your networth directly in column A or column B. They are supposed to contain formulas that reads data from elsewhere (column AX has the networth for March 1, 2016). Anything you enter in those columns will get overwritten the next time the formulas needs to be updated.
Post by: dachs on March 05, 2016, 10:54:22 AM
Post by: tarheeldan on March 05, 2016, 01:31:27 PM
Up about 7,767 tooooo..... 100,095.24. Hell yeah!
Congratulations!! Hoping to see you in the other thread next month :-)
Post by: tarheeldan on March 05, 2016, 01:32:46 PM
Drum roll please?1/31/2016: $93,706
2/29/2016: $105,360
Congratulations!
Post by: tarheeldan on March 05, 2016, 01:37:52 PM
Post by: Nederstash on March 06, 2016, 05:36:51 AM
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!
Post by: SpareChange on March 06, 2016, 02:22:37 PM
Congratulations!! Hoping to see you in the other thread next month :-)
Thanks! See you soon!
Post by: Imustacheyouaquestion on March 07, 2016, 08:07:09 PM
1/31/16: 71,733
2/29/16: 74,225
Slowly but surely. I'm hoping to hit $100k by the end of 2016, about 2.5 years since starting in May of 2014. Not a bad pace!!
Post by: dogboyslim on March 08, 2016, 03:28:21 PM
As of 3/8: $20,818.37
Post by: Bateaux on March 09, 2016, 08:50:33 AM
Post by: frogger on March 13, 2016, 09:37:35 PM
Hoping to hit the 20K mark by August, when I start my new position (with 20% pay increase!), and then I hope things will really take off!
Post by: connor on March 14, 2016, 06:13:08 AM
Post by: carozy 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!
Post by: Mr.Bubbles on March 16, 2016, 02:03:27 PM
3/16/16- $10,515 USD
time to go!
Post by: tomita on March 16, 2016, 07:21:00 PM
16 Mar 2016 ....investments $64300 debt $13200 (for DH & me)
Post by: CanIndian on March 20, 2016, 07:05:07 PM
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.
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
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.
Post by: Imustacheyouaquestion on March 25, 2016, 06:58:56 AM
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!
Post by: Nederstash 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!
Post by: monstermonster 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. :-)
Post by: newkanye on March 28, 2016, 10:11:53 PM
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!
Post by: steveo 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.
Post by: dogboyslim on March 29, 2016, 04:08:45 PM
As of 3/8: $20,818.37
3/29: $23,784
Post by: merlin7676 on March 31, 2016, 08:28:54 AM
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****
Post by: CanyonMan on March 31, 2016, 02:41:15 PM
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)
(https://i.imgsafe.org/41d9cf2.png)
Time to go start lurking in the 6 figure thread!
Post by: mrteacher on March 31, 2016, 06:15:08 PM
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!
Post by: carozy 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 :)
Post by: andy85 on April 01, 2016, 06:28:09 AM
(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.
Post by: Rodgers12 on April 01, 2016, 06:42:50 AM
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!
Post by: SGontour on April 01, 2016, 08:51:30 AM
...
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.
Post by: celticmyst08 on April 01, 2016, 10:19:38 AM
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.
Post by: katthjul on April 01, 2016, 11:25:01 AM
Jan 2016: 15,895
Feb 2016: 17,250
Mar 2016: 19,597
Saved a bit more than I usually manage.
Post by: Woodro85 on April 01, 2016, 11:40:02 AM
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.
Post by: tarheeldan 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 :-)
Post by: SpareChange on April 03, 2016, 06:38:48 AM
As for myself, *so close*! $99,781.52 :-)
Give those sofa cushions another shake!
Post by: Nederstash on April 04, 2016, 09:35:24 AM
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!
Post by: carozy on April 05, 2016, 11:55:20 AM
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
Post by: charis on April 07, 2016, 07:56:37 AM
October 1, 2015: ~$40K
February 2016: ~$65K
April 2016 (so far): $71K
Post by: coolistdude on April 07, 2016, 09:12:23 AM
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%.
Post by: CanyonMan 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.
Post by: druth on April 15, 2016, 09:06:43 AM
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
Post by: AcftW on April 15, 2016, 10:57:06 AM
$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.
Post by: MVal 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.
Post by: tomita on April 17, 2016, 06:44:21 PM
17 Apr 2016 $103500 -$45600 = $57900
Post by: ardrum on April 21, 2016, 10:12:48 AM
1/1/16 - ~$2000
2/1/16 - $4793
3/1/16 - $10108
4/1/16 - $14574
Post by: MVal on April 21, 2016, 03:57:35 PM
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...!)
Post by: dogboyslim on April 21, 2016, 08:27:43 PM
As of 3/8: $20,818
As of 3/29: $23,784
4/21: $26,650
Post by: burrowsrw on April 25, 2016, 08:11:57 PM
Oct $52,000
Apr $62,000
Post by: notarealdoctor on April 25, 2016, 08:34:07 PM
April 2016: $22,500
Goal for 2016 is to break $40k, ideally $50k
Post by: Grog 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
Post by: lamil on April 26, 2016, 08:48:04 AM
March 2016: 8152.00
April 2016: 10915.00
Today(April 26th): 19516.00
Post by: senorpanqueque on April 29, 2016, 07:30:28 AM
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.
Post by: Pooperman 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?
Post by: senorpanqueque on April 29, 2016, 07:53:20 AM
Post by: Pooperman 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.
Post by: merlin7676 on April 29, 2016, 08:45:24 AM
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
Post by: athiker10 on April 29, 2016, 06:27:36 PM
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.
Post by: katthjul on April 30, 2016, 06:55:22 AM
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.
Post by: Rodgers12 on April 30, 2016, 07:24:04 AM
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
Post by: $40Kby40 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
Post by: celticmyst08 on April 30, 2016, 10:06:17 AM
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.
Post by: SGontour on April 30, 2016, 10:33:28 AM
...
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 :)
Post by: CmFtns on April 30, 2016, 12:55:16 PM
Here's my numbers:
2015
Apr $12,466.69
May $14,786.72
Jun $17,419.27
Jul $21,457.81
Aug $24,608.98
Sep $25,148.05
Oct $30,071.44
Nov $30,362.40
Dec $33,987.45
2016
Jan $37,178.00
Feb $40,183.56
Mar $41,965.73
Apr $46,690.70
Post by: tarheeldan on April 30, 2016, 06:56:16 PM
I shook the couch cushions, and it turns out I just barely - by $25.57 - topped 100k at the end of March. See you all in the nextthread!
Post by: AcftW on May 01, 2016, 09:39:26 AM
$43,153 - Jan 2016
$47,634 - Feb 2016
$50,404 - Mar 2016
$53,733 - Apr 2016
$54,717 - May 2016
Post by: Woodro85 on May 02, 2016, 10:16:17 AM
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
5/1/2016 $85,587.91
Post by: monstermonster on May 03, 2016, 12:45:05 PM
3/1/2016: $10,106
4/1/2016: $10,624
5/1/2016: $14,504
Post by: carozy on May 03, 2016, 01:01:30 PM
05/2014 ~ $6,590
06/2014 ~ $6,590
07/2014 ~ $7,267
08/2014 ~ $8,902
09/2014 ~ $10,162
10/2014 ~ $11,419
11/2014 ~ $12,826
12/2014 ~ $14,319
01/2015 ~ $5,657
02/2015 ~ $8,830
03/2015 ~ $19.745
04/2015 ~ $21,361
05/2015 ~ $22,183
06/2015 ~ $23,114
07/2015 ~ $23,835
08/2015 ~ $24,567
09/2015 ~ $17,037
10/2015 ~ $19,906.58
11/2015 ~ $22,432.54
12/2015 ~ $24,483.03
01/2016 ~ $25,329.42
02/2016 ~ $27,698.48
03/2016 ~ $30,131.47
04/2016 ~ $32,868.52
Post by: marcela on May 04, 2016, 11:40:40 AM
According to Mint this has been my net worth since I started tracking.
08/2013: $9,216- had been making 18k, got a job making 27k
11/2013: $12,398
02/2014: $14,413- new job in December making 38k
05/2014: $15,023
08/2014: $17,890
11/2014: $29,589
02/2015: $34,041
05/2015: $38,284 -new job at 55k
08/2015: $58,584- added in husband's savings (earmarked for a car)
11/2015: $67,385
02/2015: $77,264
04/2016: $85,002
A few of the big jumps can be explained by adding accounts to Mint which makes August of last year look pretty amazing. I added in some information to explain some changes that affected my savings.
Info about me: I'm 28 years old, married, but single earner while my husband is in school. I currently make 55k and rent. 1 car and one doggie.
We're on track to hit 100k net worth by end of year, but our net worth will take a dramatic hit next year since we'll probably be buying a car for my husband and we won't be living in subsidized housing anymore. However, he will also be graduating and earning some money so it might be a wash.
Post by: Mazzinator on May 09, 2016, 03:20:25 PM
Savings $138,560I'm in!! End of may was around $4k net worth. Hoping for $100k in 18-24 months.
Savings $75k
Student loans -$71k
Net worth $4k
I already have a journal, if you really want to see just how crazy i am ;) otherwise...good luck!!!
1 year update... (I "quit" tracking because i can't update the google doc)
Savings $135k
Student loans -$54k
NW $81k
Great job everybody!!! And congrats to those who already made it!!
I'm still hanging in there!!
Savings $135k
Student loans $46k
NW = $88k
Oct 2015
Save $140,158
Debt $46,734
NW = $93,424
Sooooo close!!!
Debt $46,822
NW = $91,738 grrrr it went down...
Save
$129,648
Debt
$45,257
NW $84,391 Down again!!!! Aaahhhhhhh
Finally!!!
Save
$158,005
Debt
$57,231
NW $100,825
Woooo hoooooo!
See ya! (Just kiddin)
Post by: Woodro85 on May 10, 2016, 03:49:33 PM
Finally!!!
Save
$158,005
Debt
$57,231
NW $100,825
Woooo hoooooo!
See ya! (Just kiddin)
Congrats on the milestone, don't let the door hit ya on the way out!
Post by: tomita on May 10, 2016, 07:34:28 PM
17 Apr 2016 $103500 - $45600 = $57900
10 May 2016 $106390 - $42900= $63490
Post by: tarheeldan on May 10, 2016, 08:15:37 PM
Woooo hoooooo!
See ya! (Just kiddin)
Congratulations!
Post by: Mazzinator on May 11, 2016, 09:45:38 AM
Finally!!!
Save
$158,005
Debt
$57,231
NW $100,825
Woooo hoooooo!
See ya! (Just kiddin)
Congrats on the milestone, don't let the door hit ya on the way out!
Haha! Thanks! (And thanks to tarheeldan!)
You all seriously rock it. And this group is awesome!!
Post by: ardrum on May 11, 2016, 07:31:26 PM
2/1/16 - $4793
3/1/16 - $10108
4/1/16 - $14574
5/1/16 - $16150
Post by: Imustacheyouaquestion on May 20, 2016, 06:49:53 AM
2/29/16: 74,225
3/25/16: 80,361
4/16: 85,438
5/20/16: 86,299
Increased my HSA contributions to the max and added $25 per paycheck into my automatic savings deduction this month.
Post by: charis on May 20, 2016, 08:32:44 AM
May 2016: $81KOctober 1, 2015: ~$40KApril 2016 (so far): $71K
February 2016: ~$65K
Post by: dogboyslim on May 20, 2016, 09:25:27 AM
3/29: $23,784
4/21: $26,650
5/20: $28,769
Post by: onehair on May 25, 2016, 09:04:41 AM
Post by: merlin7676 on May 27, 2016, 08:16:28 AM
Just over 20K in 11 months...not great by people on here but I've been slowing digging myself out of debt. Last CC will be paid off in June and then all that money will roll over to savings/investing and then it will grow faster.
And not much growth this month as we had some house improvement projects going on-built a fence and new concrete patio slab.
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
05/31/16 $63,588.38
*does not include house as it is our forever home*
Post by: $40Kby40 on May 31, 2016, 01:06:23 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
30 May - $56,973
From now on, I'm going to breakdown savings vs debt in my update.
Apr:
$70,285 savings
$17,874 debt
May:
$74,338 savings
$17,365 debt
Post by: lamil on May 31, 2016, 11:14:01 AM
March 2016: 8152.00May 31, 2016: 22,693
April 2016: 10915.00
Today(April 26th): 19516.00
Post by: druth on May 31, 2016, 12:27:16 PM
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
May-16 $37,450.56
Misleading because I had to pay 3500 upfront for some classes my work will reimburse for, but not until September. For now it is what it is. I very briefly had over 40k this month though, so that was cool (looking at the bright side).
Post by: Rodgers12 on May 31, 2016, 07:32:03 PM
08/31/2015: $34,949
09/30/2015: $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
05/31/2016: $58,756
Post by: frogger on June 01, 2016, 10:13:13 AM
4/30/16: $14,500
5/31/16: $15,350
Which doesn't seem like much, and could have been better because reasons, but then I went back through the spreadsheet and realized it's been two years since this started:
5/31/14: -$20,950
5/31/16: $15,350
Which is $36,300 in two years. And next year I hope things will go a little faster. I could be to 100K in four years, which considering I was just about zero this time last year, would be $0 to $100,000 in five years!
Newer people, if you haven't already, come join the tracking spreadsheet! It's getting a little lonely as people graduate and it's a great way to see progress!
https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?pref=2&pli=1#gid=0 (https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?pref=2&pli=1#gid=0)
(Also found in the first post of the thread.)
Post by: CmFtns on June 01, 2016, 10:46:00 AM
Apr $12,466.69
May $14,786.72
Jun $17,419.27
Jul $21,457.81
Aug $24,608.98
Sep $25,148.05
Oct $30,071.44
Nov $30,362.40
Dec $33,987.45
2016
Jan $37,178.00
Feb $40,183.56
Mar $41,965.73
Apr $46,690.70
May $51,510.46
Post by: SGontour on June 01, 2016, 11:49:47 AM
...
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
May 2016: CHF 86,464
Post by: katthjul on June 01, 2016, 12:00:01 PM
Jan 2016: 15,895
Feb 2016: 17,250
Mar 2016: 19,597
Apr 2016: 20,332
May 2016: 24,718
Post by: athiker10 on June 01, 2016, 06:46:25 PM
April-16 NW: $38,442.00
May-16 NW: $38,264.52
Post by: Rhoon on June 01, 2016, 07:18:40 PM
4/1/2016 $45,447.95
5/1/2016 $47,415.17
6/1/2016 $52,780.32
Post by: AcftW on June 02, 2016, 05:15:26 AM
$43,153 - Jan 2016
$47,634 - Feb 2016
$50,404 - Mar 2016
$53,733 - Apr 2016
$54,717 - May 2016
$55,014 - Jun 2016
Had a couple big purchases, but I managed to stay in the black with savings.
Post by: Woodro85 on June 02, 2016, 10:54:13 AM
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
5/1/2016 $85,587.91
6/1/2016 $88,367.43
3 paycheques fall into next months update, but so does property tax! Plugging along and on target to 'graduate' pretty soon.
Post by: Nederstash on June 02, 2016, 12:07:58 PM
Sep 15: 5775
Oct 15: 6964
Nov 15: 8551
Dec 15: 12085
Jan 16: 12700
Feb 16: 13691
Mar 16: 14818
Apr 16: 16220
May 16: 17510
Jun 16: 21149
Cracked 20k :D
Post by: tomita on June 04, 2016, 10:32:18 AM
17 Apr 2016 $103500 - $45600 = $57900
10 May 2016 $106390 - $42900= $63490
28 May 2016 $109037 - $41046= $67991
Post by: carozy on June 06, 2016, 10:13:49 AM
06/2014 ~ $6,590
07/2014 ~ $7,267
08/2014 ~ $8,902
09/2014 ~ $10,162
10/2014 ~ $11,419
11/2014 ~ $12,826
12/2014 ~ $14,319
01/2015 ~ $5,657
02/2015 ~ $8,830
03/2015 ~ $19.745
04/2015 ~ $21,361
05/2015 ~ $22,183
06/2015 ~ $23,114
07/2015 ~ $23,835
08/2015 ~ $24,567
09/2015 ~ $17,037
10/2015 ~ $19,906.58
11/2015 ~ $22,432.54
12/2015 ~ $24,483.03
01/2016 ~ $25,329.42
02/2016 ~ $27,698.48
03/2016 ~ $30,131.47
04/2016 ~ $32,868.52
05/2016 ~ $36,583.68
EDIT: I recorded the wrong number so I fixed 5/2016 to show my net worth. :) Not down, as I had thought.
Post by: FoundPeace on June 06, 2016, 11:44:44 AM
Good news though, $124,966.64! Quite a bit of that is due to timing the market with the purchase of my house, because it increased in price by almost $32k since I bought it in November (based on Zillow, which has been pretty accurate for my area).
I think I would like to start this challenge again, but with investments only this time. Turns out I have just as much money in investments now ($29k) as my net worth when I started the challenge ($20k) two years ago. $100k in two years for someone with a single income supporting my wife, 3.5. year old, and 2 year old on a salary of about $60k (before taxes). It is possible!
Post by: FIPurpose on June 06, 2016, 09:48:09 PM
Well, I have been away for quite a while, and I didn't track all of my accounts for a few of the months. Things were pretty rough what with my dad's death, my wife and I leaving the Mormon church, my ADD diagnosis, and some health problems induced by my frequent travel to Mexico for work.
Good news though, $124,966.64! Quite a bit of that is due to timing the market with the purchase of my house, because it increased in price by almost $32k since I bought it in November (based on Zillow, which has been pretty accurate for my area).
I think I would like to start this challenge again, but with investments only this time. Turns out I have just as much money in investments now ($29k) as my net worth when I started the challenge ($20k) two years ago. $100k in two years for someone with a single income supporting my wife, 3.5. year old, and 2 year old on a salary of about $60k (before taxes). It is possible!
Dude that's rough. Losing your Father and your Religion are tough things. Awesome job on pushing forward even with the changes. Feel free to message me if you need an anonymous person to write to.
Post by: Mr.Bubbles on June 08, 2016, 02:01:46 PM
6/8/16- $15,400 USD - I have a small stipend coming in this month from coaching the swim team at the high school i work at, hoping to hit around 20k by the end of this month after taxes and monthly bills. (two pay checks for me and one for the wife left this month + coaching stipend).
*** investments and cash only,
no debt except mortgage.
Post by: Imustacheyouaquestion on June 19, 2016, 07:12:10 PM
2/29/16: 74,225
3/25/16: 80,361
4/16: 85,438
5/20/16: 86,299
6/30/16: 88,255
Three paychecks next month should push me well into the 90s. Feeling near now!
Post by: MVal on June 23, 2016, 07:54:40 AM
1/31/16: 71,733
2/29/16: 74,225
3/25/16: 80,361
4/16: 85,438
5/20/16: 86,299
6/30/16: 88,255
Three paychecks next month should push me well into the 90s. Feeling near now!
Wow, getting so close, congrats!! I anticipate being where you were in March by the end of this year. It feels so slow, but on the bright side I am over $13K ahead of where I was at the beginning of the year. We're all killin' it, though!!
Post by: steveo on June 27, 2016, 04:27:14 PM
29th March 2016: 58k.
28th June 2016: 77k.
It's not bad considering the markets haven't been that good. I'm hopefully in the next 3 months that we get past 100k.
Post by: monstermonster on June 29, 2016, 02:00:45 PM
4/1/2016: $10,624
5/1/2016: $14,504
6/31/2016: $18,193
Racing up to $20K despite the market dips :-)
Post by: Runningtuff on June 30, 2016, 02:26:16 AM
I'm quietly chuffed that mine has doubled over the 16 months since I started tracking. I wouldn't have predicted that at all.
Post by: merlin7676 on June 30, 2016, 08:34:46 AM
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
05/31/16 $64,177.27
06/30/16 $65,338.17
Post by: AcftW on July 01, 2016, 06:51:47 AM
$43,153 - Jan 2016
$47,634 - Feb 2016
$50,404 - Mar 2016
$53,733 - Apr 2016
$54,717 - May 2016
$55,014 - Jun 2016
$59,924 - Jul 2016
Doing a lot better than I could have ever expected a year ago. :)
Post by: Rodgers12 on July 01, 2016, 06:56:19 AM
08/31/2015: $34,949
09/30/2015: $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
05/31/2016: $58,756
06/30/2016: $58,646
Well the streak of raising my net worth for 9 consecutive month's came to end sadly. Moved into a new place and needed to buy a few small appliances as well as some other one time expenses that hit me hard this past month. July is a 3 pay check month and I am excited to get back on that increasing my net worth train. Now I have extra motivation to beat that 9 month Streak!
Post by: andy85 on July 01, 2016, 09:55:09 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.
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)
2016 January1: $40,579
2016 July1: $53,694
shooting for 60-65k by the end of the year. 2017 goals will be 85-100k.
Post by: Dancing Fool on July 01, 2016, 12:11:59 PM
7/1/2016: $83,089.96 / $78,807.96 (w/ vs. w/o car - 2007 Mazda3)
Post by: SGontour on July 02, 2016, 02:14:37 PM
...
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
May 2016: CHF 86,464
June 2016: CHF 89,312
Post by: katthjul on July 02, 2016, 02:32:55 PM
Jan 2016: 15,895
Feb 2016: 17,250
Mar 2016: 19,597
Apr 2016: 20,332
May 2016: 24,718
Jun 2016: 26,040
Post by: Woodro85 on July 03, 2016, 08:13:00 PM
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
5/1/2016 $85,587.91
6/1/2016 $88,367.43
7/1/2016 $93,318.49
Post by: athiker10 on July 04, 2016, 11:00:47 AM
May-16 NW: $38,264.52
Jun-16 NW: $40,547.85
Not sure how I managed to break forty, but I'll take it! (I also had to subtract the $1100 I have as a grant for school)
Post by: Rhoon on July 05, 2016, 09:14:15 AM
Decided to jump in the group if you all don't mind. I just merged all my stuff into "One Sheet to rule them all v3" so my data is a bit limited right now.
4/1/2016 $45,447.95
5/1/2016 $47,415.17
6/1/2016 $52,780.32
7/5/2016 $60,467.76
Mostly attributed to a reduction of debt, adding of an HSA and the stock market rebounded nicely.
Post by: druth on July 05, 2016, 12:38:56 PM
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
May-16 $38453.77
Jun-16 $43398.36
Updated the house value in Mint so it was kind of a big jump, idk if it really reflects reality, but long term trends is all that actually matters so ―\_(ツ)_/―.
Finishing my basement so I can rent it out. So I look forward to that big drop, though it means that my accrual rate will go way up! I'll be getting 2.2% per month return on that and my mortgage and the fix up loans will be fully covered by rents, so I'm excite.
Post by: peppermint on July 05, 2016, 04:49:51 PM
I will take the facepunch and any motivation I can to get back on track! I'm close to 50K, so let's call that the interim goal.
Post by: marcela on July 20, 2016, 01:42:27 PM
New to the board
According to Mint this has been my net worth since I started tracking.
08/2013: $9,216- had been making 18k, got a job making 27k
11/2013: $12,398
02/2014: $14,413- new job in December making 38k
05/2014: $15,023
08/2014: $17,890
11/2014: $29,589
02/2015: $34,041
05/2015: $38,284 -new job at 55k
08/2015: $58,584- added in husband's savings (earmarked for a car)
11/2015: $67,385
02/2015: $77,264
04/2016: $85,002
*snip*
Whoops, its been a while. Here's my end of month numbers for May and June. Getting closer!
05/2016: $87,545
06/2016: $89,146
Post by: Imustacheyouaquestion on July 29, 2016, 08:00:05 AM
2/29/16: 74,225
3/25/16: 80,361
4/16: 85,438
5/20/16: 86,299
6/30/16: 88,255
7/31/16: 99,033
Three paychecks this month plus a stock market bump and it's looking like I'll hit the $100k mark in August. I'll post more thoughts/stats next month, but I'm feeling very happy.
Post by: MVal on July 29, 2016, 08:38:55 AM
1/31/16: 71,733
2/29/16: 74,225
3/25/16: 80,361
4/16: 85,438
5/20/16: 86,299
6/30/16: 88,255
7/31/16: 99,033
Three paychecks this month plus a stock market bump and it's looking like I'll hit the $100k mark in August. I'll post more thoughts/stats next month, but I'm feeling very happy.
Wow, so exciting! I can't believe you went up over $10K in one month, that's INSANE! I'm also loving the stock market jumping up right now, seeing the best numbers ever on my accounts.
Post by: SpareChange on July 29, 2016, 09:57:17 AM
1/31/16: 71,733
2/29/16: 74,225
3/25/16: 80,361
4/16: 85,438
5/20/16: 86,299
6/30/16: 88,255
7/31/16: 99,033
Three paychecks this month plus a stock market bump and it's looking like I'll hit the $100k mark in August. I'll post more thoughts/stats next month, but I'm feeling very happy.
That is awesome. Good, consistent progress too. Almost there! See you in the 100-250 thread next month :).
Post by: monstermonster on July 29, 2016, 10:39:32 AM
4/1/2016: $10,624
5/1/2016: $14,504
6/31/2016: $18,193
7/30/2016: $19,296
Soooo close to $20K! Almost certainly going to hit $25K by end of year, markets willing.
Post by: Pooperman on July 29, 2016, 10:53:55 AM
3/1/2016: $10,106
4/1/2016: $10,624
5/1/2016: $14,504
6/31/2016: $18,193
7/30/2016: $19,296
Soooo close to $20K! Almost certainly going to hit $25K by end of year, markets willing.
You're almost half way there (assuming continuous compounding and continuous contribution...$30k in this case)!
Going to go backwards hard this month and next with the purchase of a home. September will make most of that back up, though.
Post by: SGontour on July 29, 2016, 12:40:28 PM
...
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
May 2016: CHF 86,464
June 2016: CHF 89,312
Juli 2016: CHF 92,488
Post by: katthjul on July 30, 2016, 06:39:53 AM
EOY 2015: 16,728
Jan 2016: 15,895
Feb 2016: 17,250
Mar 2016: 19,597
Apr 2016: 20,332
May 2016: 24,718
Jun 2016: 26,040
Jul 2016: 29,365
I had hoped to reach 30k, but it should happen next month.
Post by: FausseBourgeoise on July 30, 2016, 09:54:43 AM
Post by: Woodro85 on July 30, 2016, 07:47:58 PM
1/1/2016 $70,395.59
2/1/2016 $74,587.69
3/1/2016 $77,683.18
4/1/2016 $81,670.69
5/1/2016 $85,587.91
6/1/2016 $88,367.43
7/1/2016 $93,318.49
8/1/2016 $98,467.26 - If things go - normal - I should finally break the $100k barrier in two weeks! Looks like there is a few of us about to move on from this thread but i better reserve my milestones until I actually get there, things could still change.
Post by: nathan01xl on July 30, 2016, 08:15:21 PM
Feb - $49,164
March - $62,581
April - $66,697
May - $71,586
June - $76,413
July - $83,499
On track for beginning of November!
Post by: Rodgers12 on July 31, 2016, 08:48:28 AM
08/31/2015: $34,949
09/30/2015: $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
05/31/2016: $58,756
06/30/2016: $58,646
07/31/2016: $64,525
Post by: lamil on August 01, 2016, 07:38:08 AM
March 2016: 8152.00July 31, 2016: 31,297
April 2016: 10915.00
Today(April 26th): 19516.00
May 31, 2016: 22,693
June 30, 2016: 27,496
Post by: CmFtns on August 01, 2016, 09:44:03 AM
2015
Apr $12,466.69
May $14,786.72
Jun $17,419.27
Jul $21,457.81
Aug $24,608.98
Sep $25,148.05
Oct $30,071.44
Nov $30,362.40
Dec $33,987.45
2016
Jan $37,178.00
Feb $40,183.56
Mar $41,965.73
Apr $46,690.70
May $51,510.46
June $55,116.73
July $61,327.75
Post by: Dancing Fool on August 01, 2016, 10:47:00 AM
7/1/2016: $83,089.96 / $78,807.96 (w/ vs. w/o car - 2007 Mazda3)
8/1/2016: $89,039.57 / $84,858.57
Apparently the market appreciate quite a bit this month, because I know I didn't stash $6k!
Post by: marcela on August 01, 2016, 11:17:54 AM
New to the board
According to Mint this has been my net worth since I started tracking.
08/2013: $9,216- had been making 18k, got a job making 27k
11/2013: $12,398
02/2014: $14,413- new job in December making 38k
05/2014: $15,023
08/2014: $17,890
11/2014: $29,589
02/2015: $34,041
05/2015: $38,284 -new job at 55k
08/2015: $58,584- added in husband's savings (earmarked for a car)
11/2015: $67,385
02/2015: $77,264
04/2016: $85,002
*snip*
Whoops, its been a while. Here's my end of month numbers for May and June. Getting closer!
05/2016: $87,545
06/2016: $89,146
07/2016: $92,533
This number is actually higher because I have several outstanding reimbursements for work travel. Getting close!
Post by: celticmyst08 on August 01, 2016, 12:27:09 PM
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: 78,687.49
05/2016: 83,325.72
06/2016: 86,051.62
07/2016: 85,949.42
Had a stagnant month after several large (planned) expenses. $100k is getting ever closer! I can almost taste it!
Post by: Good_Juju on August 01, 2016, 12:38:14 PM
8/1/2016: $2,136
Post by: dogboyslim on August 01, 2016, 02:10:54 PM
3/8: $20,818
3/29: $23,784
4/21: $26,650
5/20: $28,769
8/1: $34,808
Post by: adamb on August 02, 2016, 12:16:52 AM
Post by: AcftW on August 02, 2016, 07:07:17 PM
$43,153 - Jan 2016
$47,634 - Feb 2016
$50,404 - Mar 2016
$53,733 - Apr 2016
$54,717 - May 2016
$55,014 - Jun 2016
$59,924 - Jul 2016
$55,527 - Aug 2016
Regressed for the first time since I started tracking. Pretty big curveball got thrown at me, but I'm confident I'll re-group and surge past.
Post by: andy85 on August 04, 2016, 10:32:16 AM
| Jan 16 | $39,550 |
| Feb 16 | $41,468 |
| Mar 16 | $47,974 |
| Apr 16 | $51,484 |
| May 16 | $52,730 |
| Jun 16 | $53,694 |
| Jul 16 | $55,669 |
Post by: Nederstash on August 06, 2016, 04:16:25 AM
Sep 15: 5775
Oct 15: 6964
Nov 15: 8551
Dec 15: 12085
Jan 16: 12700
Feb 16: 13691
Mar 16: 14818
Apr 16: 16220
May 16: 17510
Jun 16: 21149
Jul 16: 22024
Aug 16: 23325
It's been 1 year since I found MMM! In that time I've had 18k networth increase on 38k take home pay. I'm still a massive spendypants. Shooting for 45k networth (22k increase) next August.
Post by: kickel on August 11, 2016, 10:26:19 AM
It happens quicker than you think, now i just wish Denver was still an affordable city, so I can start growing some home equity.
Post by: MVal on August 12, 2016, 08:00:31 AM
I did it! I finally graduated to the next thread! I've been MIA for the past few months due to life getting busy. I started a business, didn't enjoy it ended up selling it for about what i put in. I found a new job in a new industry, and now I've finally crossed the finish line! 101,705! All of which is liquid assets.
It happens quicker than you think, now i just wish Denver was still an affordable city, so I can start growing some home equity.
Wow, six figures liquid! Are you planning on doing any Vanguard index investing with some of that?
Post by: Pooperman on August 12, 2016, 08:06:01 AM
Post by: kickel on August 12, 2016, 09:41:36 AM
I did it! I finally graduated to the next thread! I've been MIA for the past few months due to life getting busy. I started a business, didn't enjoy it ended up selling it for about what i put in. I found a new job in a new industry, and now I've finally crossed the finish line! 101,705! All of which is liquid assets.
It happens quicker than you think, now i just wish Denver was still an affordable city, so I can start growing some home equity.
Wow, six figures liquid! Are you planning on doing any Vanguard index investing with some of that?
I have about 91,000 in investments, and the rest in cash. My plan from here is to save up for a down payment on a place, while still maxing out my retirement accounts, wish me luck!
Post by: LivlongnProsper on August 12, 2016, 09:47:27 AM
I have about 91,000 in investments, and the rest in cash. My plan from here is to save up for a down payment on a place, while still maxing out my retirement accounts, wish me luck!
[/quote]
Good luck and keep it up.
Post by: Woodro85 on August 16, 2016, 01:12:20 PM
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
5/1/2016 $85,587.91
6/1/2016 $88,367.43
7/1/2016 $93,318.49
8/1/2016 $98,467.26 - If things go - normal - I should finally break the $100k barrier in two weeks! Looks like there is a few of us about to move on from this thread but i better reserve my milestones until I actually get there, things could still change.
Well it's been a peach y'all but I'm moving on up! $103,038. Hope to see you in the next group shortly, unless the markets take a nose dive and I'm back here again.
Post by: steveo on August 17, 2016, 12:50:52 AM
4th January 2016 : 55k.
29th March 2016: 58k.
28th June 2016: 77k.
It's not bad considering the markets haven't been that good. I'm hopefully in the next 3 months that we get past 100k.
Just hit $102k today. I'm moving onto the $250k thread.
Post by: Nederstash on August 18, 2016, 03:05:19 AM
Post by: intirb on August 21, 2016, 03:32:47 PM
It looks like the spreadsheet got messed up on August 5th. I think someone added a row to the very top, and that messed everything up? I deleted the top row, and I *think* that fixed it, but if not, we may have to revert to the August 2nd version. Check your data?
Post by: burrowsrw on August 27, 2016, 04:16:18 PM
Feb 16 56k
Mar 16 60k
Apr 16 64k
May 16 68k
Jun 16 67k
Jul 16 69k
Post by: song gnos on August 27, 2016, 09:52:19 PM
June 2016 $ -7,244.00
July 2016 $ -4,158.00
August 2016 $
As of writing this I'm currently at $59.98
First time reaching a positive NW.
Post by: Imustacheyouaquestion on August 29, 2016, 08:37:48 PM
2/29/16: 74,225
3/25/16: 80,361
4/16: 85,438
5/20/16: 86,299
6/30/16: 88,255
7/31/16: 99,033
8/29/16: 102,586
____
Assets: $108,278
Cash, checking, savings: $11,576
Brokerage: $14,862
HSA: $3561
TSP: $47,979
Roth IRA: $22,893
Pension contributions: $7407
Debts:
Credit: -$5692 (revolving, includes work reimbursements)
________
I made it! 36 months since I first crossed $10k in August of 2013. I graduated school in June 2012 and had a full year without much progress. I believe I started reading MMM sometime that year and really began making changes when I switched to a higher paying job in Sept 2013.
I had a few backslides from tax issues and moving to switch jobs twice, leading to paycheck gaps and moving expenses. But both times increased my salary substantially. I am actually planning another strategic move soon to lower my COL in a new area.
What I did well the last three years: increasing my TSP with every raise, maxing an HSA, maxing my Roth IRA, picking up a side job that sometimes pays better hourly than my day job, automatic savings allocations for a house down payment. My paycheck after deductions and savings allocations is less money than I was regularly spending in 2012, when my salary was 50% of what it is now :)
Hope to see the rest of you soon in the race to $250k thread!!
Post by: cliffhanger on August 30, 2016, 08:06:13 AM
I was expecting to hit the 6 figure net worth later this year, but was surprised to pass it this month! Keep it up for those of you still working on it, and see you over at the 250k thread. :D
Post by: monstermonster on August 30, 2016, 09:11:12 AM
3/1/2016: $10,106I JUST CROSSED $20K!!
4/1/2016: $10,624
5/1/2016: $14,504
6/31/2016: $18,193
7/30/2016: $19,296
Soooo close to $20K! Almost certainly going to hit $25K by end of year, markets willing.
8/30/2016: $21,334
There will probably be a dip this month, though, as I'm taking a month off between jobs, so the markets would have to go gangbusters to make up for the $1,100 in expenses without income.
Post by: SGontour on August 31, 2016, 12:51:30 PM
...
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
May 2016: CHF 86,464
June 2016: CHF 89,312
Juli 2016: CHF 92,488
August 2016: CHF 99,535
Ah, sooo close! In USD I would have made it by now ;)
September will be an expensive month: Paying taxes, holiday for 2 weeks in asia, paying mortgage for Okt to Dec.
Unless the market goes up, will be impossible to finish this race in September....
Post by: Rodgers12 on August 31, 2016, 06:38:15 PM
08/31/2015: $34,949
09/30/2015: $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
05/31/2016: $58,756
06/30/2016: $58,646
07/31/2016: $64,525
08/31/2016: $66,682
Post by: nathan01xl on August 31, 2016, 10:54:28 PM
Jan - $45,622
Feb - $49,164
March - $62,581
April - $66,697
May - $71,586
June - $76,413
July - $83,499
August - $88924
On track for beginning of November!
Post by: katthjul on September 01, 2016, 03:44:11 AM
EOY 2015: 16,728
Jan 2016: 15,895
Feb 2016: 17,250
Mar 2016: 19,597
Apr 2016: 20,332
May 2016: 24,718
Jun 2016: 26,040
Jul 2016: 29,365
Aug 2016: 30,475
Just broke 30k!
Post by: andy85 on September 01, 2016, 06:59:56 AM
| Jan 16 | $39,550 |
| Feb 16 | $41,468 |
| Mar 16 | $47,974 |
| Apr 16 | $51,484 |
| May 16 | $52,730 |
| Jun 16 | $53,694 |
| Jul 16 | $55,669 |
| Aug 16 | $56,725 |
Post by: marcela on September 01, 2016, 07:39:31 AM
08/2013: $9,216- had been making 18k, got a job making 27k
11/2013: $12,398
02/2014: $14,413- new job in December making 38k
05/2014: $15,023
08/2014: $17,890
11/2014: $29,589
02/2015: $34,041
05/2015: $38,284 -new job at 55k
08/2015: $58,584- added in husband's savings (earmarked for a car)
11/2015: $67,385
02/2015: $77,264
04/2016: $85,002
05/2016: $87,545
06/2016: $89,146
07/2016: $92,533
08/2016: $96,197
Looks like we'll hit 100k in November. It'll be short lived due to some big expenses coming up. Still exciting!
Post by: dogboyslim on September 01, 2016, 10:13:50 AM
3/29: $23,784
4/21: $26,650
5/20: $28,769
8/1: $34,808
9/1: $37,342
Post by: lamil on September 01, 2016, 12:28:57 PM
March 2016: 8152.00August 31, 2016: 34,286
April 2016: 10915.00
Today(April 26th): 19516.00
May 31, 2016: 22,693
June 30, 2016: 27,496
July 31, 2016: 31,297
Post by: AcftW on September 01, 2016, 12:44:51 PM
$40,061 - Dec 2015
$43,153 - Jan 2016
$47,634 - Feb 2016
$50,404 - Mar 2016
$53,733 - Apr 2016
$54,717 - May 2016
$55,014 - Jun 2016
$59,924 - Jul 2016
$55,527 - Aug 2016
Regressed for the first time since I started tracking. Pretty big curveball got thrown at me, but I'm confident I'll re-group and surge past.
$61,117 - Sep 2016
Bounced back well enough, this month should be good to me, but October might be a bit more tumultuous. Moving again.
Post by: Good_Juju on September 02, 2016, 02:17:16 PM
Sept 2016: $5,733
Post by: Nederstash on September 05, 2016, 10:52:31 AM
Sep 15: 5775
Oct 15: 6964
Nov 15: 8551
Dec 15: 12085
Jan 16: 12700
Feb 16: 13691
Mar 16: 14818
Apr 16: 16220
May 16: 17510
Jun 16: 21149
Jul 16: 22024
Aug 16: 23325
Sep 16: 24285
At this rate it'll only take 8000 years to FIRE... Setting up my side business in January though, that should help a bit!
Post by: Nederstash on September 06, 2016, 09:17:56 AM
Actually at your rate of about $1,000 a month assuming 7% real rate of return and with a FIRE goal of $600,000 starting with $24,285 would only take 20.3 years to reach FIRE! Yah for compound interest!
Very true, I must trust in the higher power (of compound interest). Thanks :)
Post by: onehair on September 06, 2016, 01:04:35 PM
9/6/2016 $27115
Wow up by $4511 just by doing small gigs, saving more and eating out less??
Post by: Wiggle on September 08, 2016, 10:43:47 AM
End of June Update:
Cash/Savings: $6,614
Mutual Funds (non-retirement, house savings): $10,568
Work Retirement Accounts: $39,193
NW: $56,375 (increase of $643)
Back in after over a year of not checking in!
Cash/Savings: $8,160
Mutual Funds (non-retirement, house savings): $10,956
Work Retirement Accounts:$57,777
NW: $76,893 (increase of $20,518 - average $1,578 per month since last check-in).
I have moved in with my girlfriend and our monthly expenses have dropped, I have also gotten a bit of a raise at work so I am gaining ground at a faster rate now. I have spent some money on goodies though and I need to make sure I don't turn up the speed on the treadmill if I can avoid it.
At this rate I hope to break 100k in another year if I tighten up some loose ends.
Post by: SpareChange on September 08, 2016, 11:43:15 AM
Back in after over a year of not checking in!
Cash/Savings: $8,160
Mutual Funds (non-retirement, house savings): $10,956
Work Retirement Accounts:$57,777
NW: $76,893 (increase of $20,518 - average $1,578 per month since last check-in).
I have moved in with my girlfriend and our monthly expenses have dropped, I have also gotten a bit of a raise at work so I am gaining ground at a faster rate now. I have spent some money on goodies though and I need to make sure I don't turn up the speed on the treadmill if I can avoid it.
At this rate I hope to break 100k in another year if I tighten up some loose ends.
Welcome back! Good to see you're still plugging away!
Post by: druth on September 11, 2016, 07:07:53 PM
Oct-15 $10,846
Nov-15 $13,419
Dec-15 $19,983
Jan-16 $23,828
Feb-16 $27,482
Mar-16 $33,831
Apr-16 $38,873
May-16 $38453
Jun-16 $43398
Some wibbly wobbly months that were confused by reimbursements from work lead us to...
Sep-16 $56655
For those of you playing at home that's about 50k ($2 short! lol) in the last year.
considering my base salary is 55k that's pretty good IMO! :D
Post by: frogger on September 15, 2016, 07:55:55 PM
Sep 16: 23,000
From the start of my new job to a year later--almost $20,000. With a "promotion" and a pay raise this year, I'm excited to see what another year brings! Still a long way to 100K.
Post by: Good_Juju on September 16, 2016, 08:16:04 AM
Sep 15: 3,750
Sep 16: 23,000
From the start of my new job to a year later--almost $20,000. With a "promotion" and a pay raise this year, I'm excited to see what another year brings! Still a long way to 100K.
Good job on the progress! For a second I thought you meant you made 20k since yesterday.
Post by: frogger on September 16, 2016, 08:34:58 AM
LOL, don't I wish! Yesterday was payday, but not that much!Sep 15: 3,750
Sep 16: 23,000
From the start of my new job to a year later--almost $20,000. With a "promotion" and a pay raise this year, I'm excited to see what another year brings! Still a long way to 100K.
Good job on the progress! For a second I thought you meant you made 20k since yesterday.
Post by: viverl on September 16, 2016, 08:36:24 AM
This might help my motivation :-)
I am currently at ~ 10.000 on daily benefit (?) account
plus 5.000 belonging to my sister and me together just stored in my other account.
I have around 8.000-10.000 student debt I am only allowed to pay back in 3 years.
I just opened my first depot account and I am waiting for the final documents to arrive so that I can start with indices etc.
Wow, it's been some time...
So first of all I became debt free last year (10.000)!
Meaning I started at +2.500 06/2014.
And currently my networth is...
43.882,85 @09/2016
I had not looked at this before. Amazing. This forum really motivates :)
Post by: tomita on September 24, 2016, 04:51:48 PM
16 Mar 2016 $64300 - $13200 = $5130024 Sep 2016 $109400-$33300=$76100 (sadly we wont reach 100K this year)
17 Apr 2016 $103500 - $45600 = $57900
10 May 2016 $106390 - $42900= $63490
28 May 2016 $109037 - $41046= $67991
Post by: ardrum on September 27, 2016, 01:14:56 PM
Jan - $2,000
Feb - $4,793
Mar - $10,108
Apr - $15,574
May - $16,150
Jun - $19,879
Jul - $23,001
Aug - $28,667
Sep - $33,134
Post by: StacheyStache on September 29, 2016, 05:31:43 AM
2 years into the 'real' workforce, networth 40k:
Work pension contribution: 10k
Savings account (earmarked for house downpayment, goal is 50k): 30k
If anyone has ideas about places to put house downpayment money that I plan to use within 1-2 years, I'm all ears! Earned a whopping 25 cents last month in interest in savings and it made me so sad...
Post by: Pooperman on September 29, 2016, 05:47:44 AM
Due to making less than 50k I'll probably be way behind some of y'all but...
2 years into the 'real' workforce, networth 40k:
Work pension contribution: 10k
Savings account (earmarked for house downpayment, goal is 50k): 30k
If anyone has ideas about places to put house downpayment money that I plan to use within 1-2 years, I'm all ears! Earned a whopping 25 cents last month in interest in savings and it made me so sad...
Ally bank has 1% for a savings account. $25 > $0.25.
Post by: dogboyslim on September 29, 2016, 08:27:56 AM
3/29: $23,784
4/21: $26,650
5/20: $28,769
...
8/1: $34,808
9/1: $37,342
9/29: $39,883
Steady progress.
Post by: lamil on September 30, 2016, 08:43:13 AM
March 2016: 8152.00
April 2016: 10915.00
Today(April 26th): 19516.00
May 31, 2016: 22,693
June 30, 2016: 27,496
July 31, 2016: 31,297
August 31, 2016: 34,286
September 30, 2016: $32,870
*new driveway
Post by: Good_Juju on September 30, 2016, 10:49:24 AM
Aug 2016: $2,136
Sept 2016: $5,733
October: $8,892
Post by: AcftW on October 02, 2016, 07:45:53 PM
$40,061 - Dec 2015
$43,153 - Jan 2016
$47,634 - Feb 2016
$50,404 - Mar 2016
$53,733 - Apr 2016
$54,717 - May 2016
$55,014 - Jun 2016
$59,924 - Jul 2016
$55,527 - Aug 2016
$61,117 - Sep 2016
$64,384 - Oct 2016
Moving this month for a better paying job, so odds are any growth will be pretty stagnant. Subsequent months should be great though.
Post by: BeautifulDay on October 02, 2016, 08:43:14 PM
Mar 2016. $28,361.48
Apr 2016 $31,751.53
May 2016 $38,742.00
Jun 2016 $40,970.43
July 2016 $61,657.51
Aug 2016. $64,120.62
Sept 2016 $66,961.32
Post by: Rodgers12 on October 03, 2016, 06:41:54 AM
08/31/2015: $34,949
09/30/2015: $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
05/31/2016: $58,756
06/30/2016: $58,646
07/31/2016: $64,525
08/31/2016: $66,682
09/30/2016: $68,877
Closing in on 70k! Going to try my hardest to surpass it by the end of October.
Post by: andy85 on October 03, 2016, 08:18:32 AM
| Jan 16 | $39,550 |
| Feb 16 | $41,468 |
| Mar 16 | $47,974 |
| Apr 16 | $51,484 |
| May 16 | $52,730 |
| Jun 16 | $53,694 |
| Jul 16 | $55,669 |
| Aug 16 | $56,725 |
| Sep 16 | $58,793 |
Post by: Mr.Bubbles on October 03, 2016, 11:45:37 AM
6/8/16- $15,400 USD
10/3/16- $17,684 USD
My daughter was born in June and my wife has stopped working for the time being. Our finances are all over the place... time to get them back in check!
Post by: nathan01xl on October 03, 2016, 08:51:40 PM
Jan - $45,622
Feb - $49,164
March - $62,581
April - $66,697
May - $71,586
June - $76,413
July - $83,499
August - $88924
On track for beginning of November!
September - $95816
Post by: frogger on October 04, 2016, 07:48:22 AM
October 2016: $25,350
This time last year I had just restarted my slow upward climb after a summer without a paycheck. This year I've had a steady summer income and one full month on the new and improved paycheck.
Post by: marcela on October 04, 2016, 09:59:28 AM
New to the board
According to Mint this has been my net worth since I started tracking.
08/2013: $9,216- had been making 18k, got a job making 27k
11/2013: $12,398
02/2014: $14,413- new job in December making 38k
05/2014: $15,023
08/2014: $17,890
11/2014: $29,589
02/2015: $34,041
05/2015: $38,284 -new job at 55k
08/2015: $58,584- added in husband's savings (earmarked for a car)
11/2015: $67,385
02/2015: $77,264
04/2016: $85,002
*snip*
Whoops, its been a while. Here's my end of month numbers for May and June. Getting closer!
05/2016: $87,545
06/2016: $89,146
07/2016: $92,533
This number is actually higher because I have several outstanding reimbursements for work travel. Getting close!
09/2016: $96,145
Based by this, I'd say we're on track for $100k in late November. I have around $2,500 in reimbursements from my conference this weekend that are outstanding. Very exciting!
Post by: Nederstash on October 11, 2016, 10:48:09 AM
Sep 15: 5775
Oct 15: 6964
Nov 15: 8551
Dec 15: 12085
Jan 16: 12700
Feb 16: 13691
Mar 16: 14818
Apr 16: 16220
May 16: 17510
Jun 16: 21149
Jul 16: 22024
Aug 16: 23325
Sep 16: 24285
Oct 16: 25400
Post by: Malum Prohibitum on October 13, 2016, 12:55:11 PM
It was negative all of my life until two or three years ago (at one point negative $200k or so). I never tracked it because it was too depressing.
$27,512.11 November 2014
$32,550.93 January 2015
$37,692.25 April 2015
$41,623.39 June 2015
$35,929.89 July 2015 (Ouch!!!)
$45,275.83 October 2015
$54,907 November 30, 2105
17.5% increase? Somebody check my math.
Groan.
October 2016, almost a year later, a $763 increase to $55,671.
Damn. I stopped tracking it until this month, because I knew things weren't going well, so I stuck my head in the sand.
Post by: dogboyslim on October 13, 2016, 02:29:50 PM
Post by: lamil on October 14, 2016, 10:53:49 AM
Groan.
October 2016, almost a year later, a $763 increase to $55,671.
Damn. I stopped tracking it until this month, because I knew things weren't going well, so I stuck my head in the sand.
Yea but you already have historical data showing that you know how to get 20k+ in a year without issue. No big deal, just get to pick back up where you left off with a little bonus!
Post by: NickleNurser on October 16, 2016, 09:33:11 PM
Jan 2016: 19,799
Feb 2016: 18,990
Mar 2016: 21,803
April 2016: 34,510
May 2016: 37,172
June 2016: 40,277
July 2016: 47,027
August 2016: 47,772
September 2016: 51,071
October 2016: 53,397
If I can increase NW by 35k a year, I'll hit 100k by early 2018!
Post by: monstermonster on October 23, 2016, 01:21:16 PM
4/1/2016: $10,624
5/1/2016: $14,504
6/31/2016: $18,193
7/30/2016: $19,296
8/30/2016: $21,334
10/23/2016: $18,326
Unfortunately, there's a very large dip 2 months later because I have decided to start my own business and gave the business an $800 loan (not tracked in my personal NW for now) and have been eating into savings a bit with just my personal expenses - which are averaging $1250 month with my health insurance. But I have a part-time W2 job that will keep that flat next couple months I hope while the business gains income.
I'll be treading water for a few months - probably not losing much, but not gaining much either - as I get going.
Post by: marcela on October 31, 2016, 02:14:31 PM
New to the board
According to Mint this has been my net worth since I started tracking.
08/2013: $9,216- had been making 18k, got a job making 27k
11/2013: $12,398
02/2014: $14,413- new job in December making 38k
05/2014: $15,023
08/2014: $17,890
11/2014: $29,589
02/2015: $34,041
05/2015: $38,284 -new job at 55k
08/2015: $58,584- added in husband's savings (earmarked for a car)
11/2015: $67,385
02/2015: $77,264
04/2016: $85,002
*snip*
Whoops, its been a while. Here's my end of month numbers for May and June. Getting closer!
05/2016: $87,545
06/2016: $89,146
07/2016: $92,533
This number is actually higher because I have several outstanding reimbursements for work travel. Getting close!
09/2016: $96,145
Based by this, I'd say we're on track for $100k in late November. I have around $2,500 in reimbursements from my conference this weekend that are outstanding. Very exciting!
10/31/2016: $101,606.36
Holy moly we made it! Apparently I had more outstanding reimbursements than I thought. So I have to leave this thread? We have some large expenditures planned for the next 6 months, so I feel like I'll just bounce back here again soon.
Post by: dogboyslim on October 31, 2016, 02:20:35 PM
3/29: $23,784
4/21: $26,650
5/20: $28,769
...
8/1: $34,808
9/1: $37,342
9/29: $39,883
10/31: $41,720
Reasonable contribution offset by declining market lead to smaller than expected increase. My year end target is now $47k, but who knows with the market and the election.
Post by: FIREGuy on October 31, 2016, 02:44:24 PM
Oct 31st, 2016 - $17,457.17
Haven't done any thorough calculations, but back of the envelope says it should be a little over a year.
Post by: lamil on October 31, 2016, 07:22:59 PM
March 2016: 8152.00October 31, 2016: $36,980
April 2016: 10915.00
Today(April 26th): 19516.00
May 31, 2016: 22,693
June 30, 2016: 27,496
July 31, 2016: 31,297
August 31, 2016: 34,286
September 30, 2016: $32,870 *new driveway
Post by: nathan01xl on October 31, 2016, 08:04:03 PM
Jan - $45,622
Feb - $49,164
March - $62,581
April - $66,697
May - $71,586
June - $76,413
July - $83,499
August - $88924
September - $95816
OCTOBER - $99,648
So close its a little disappointing, unfortunately markets did not cooperate (first world problems).
Next pay day is Friday, Nov 4 which should push us over 100k, hopefully for good.
Post by: SGontour on November 01, 2016, 05:47:39 AM
...
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
May 2016: CHF 86,464
June 2016: CHF 89,312
Juli 2016: CHF 92,488
August 2016: CHF 99,535
September 2016: CHF 98,719
October 2016: CHF 97,521
Post by: Rodgers12 on November 01, 2016, 06:43:47 AM
08/31/2015: $34,949
09/30/2015: $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
05/31/2016: $58,756
06/30/2016: $58,646
07/31/2016: $64,525
08/31/2016: $66,682
09/30/2016: $68,877
10/31/2016: $68,616
Post by: Rodgers12 on November 01, 2016, 07:08:23 AM
New to the board
According to Mint this has been my net worth since I started tracking.
08/2013: $9,216- had been making 18k, got a job making 27k
11/2013: $12,398
02/2014: $14,413- new job in December making 38k
05/2014: $15,023
08/2014: $17,890
11/2014: $29,589
02/2015: $34,041
05/2015: $38,284 -new job at 55k
08/2015: $58,584- added in husband's savings (earmarked for a car)
11/2015: $67,385
02/2015: $77,264
04/2016: $85,002
*snip*
Whoops, its been a while. Here's my end of month numbers for May and June. Getting closer!
05/2016: $87,545
06/2016: $89,146
07/2016: $92,533
This number is actually higher because I have several outstanding reimbursements for work travel. Getting close!
09/2016: $96,145
Based by this, I'd say we're on track for $100k in late November. I have around $2,500 in reimbursements from my conference this weekend that are outstanding. Very exciting!
10/31/2016: $101,606.36
Holy moly we made it! Apparently I had more outstanding reimbursements than I thought. So I have to leave this thread? We have some large expenditures planned for the next 6 months, so I feel like I'll just bounce back here again soon.
Congratulations!!
Post by: marcela on November 01, 2016, 08:25:17 AM
10/31/2016: $101,606.36
Holy moly we made it! Apparently I had more outstanding reimbursements than I thought. So I have to leave this thread? We have some large expenditures planned for the next 6 months, so I feel like I'll just bounce back here again soon.
Congratulations!!
Thank you!
Post by: Malum Prohibitum on November 01, 2016, 01:47:04 PM
New to the board
According to Mint this has been my net worth since I started tracking.
08/2013: $9,216- had been making 18k, got a job making 27k
11/2013: $12,398
02/2014: $14,413- new job in December making 38k
05/2014: $15,023
08/2014: $17,890
11/2014: $29,589
02/2015: $34,041
05/2015: $38,284 -new job at 55k
08/2015: $58,584- added in husband's savings (earmarked for a car)
11/2015: $67,385
02/2015: $77,264
04/2016: $85,002
*snip*
Whoops, its been a while. Here's my end of month numbers for May and June. Getting closer!
05/2016: $87,545
06/2016: $89,146
07/2016: $92,533
This number is actually higher because I have several outstanding reimbursements for work travel. Getting close!
09/2016: $96,145
Based by this, I'd say we're on track for $100k in late November. I have around $2,500 in reimbursements from my conference this weekend that are outstanding. Very exciting!
10/31/2016: $101,606.36
Holy moly we made it! Apparently I had more outstanding reimbursements than I thought. So I have to leave this thread? We have some large expenditures planned for the next 6 months, so I feel like I'll just bounce back here again soon.
LOL! Starting with an $18,000 a year job three years ago and almost no net worth - I think you kicked all of our asses! Congratulations. This is a very impressive success.
There is a thread for, I think, race from $100k to $250k.
Post by: Nederstash on November 11, 2016, 04:45:20 AM
Aug 15: 5327 (found MMM)Nov 16: 26932
Sep 15: 5775
Oct 15: 6964
Nov 15: 8551
Dec 15: 12085
Jan 16: 12700
Feb 16: 13691
Mar 16: 14818
Apr 16: 16220
May 16: 17510
Jun 16: 21149
Jul 16: 22024
Aug 16: 23325
Sep 16: 24285
Oct 16: 25400
Post by: MVal on November 11, 2016, 06:33:55 AM
Post by: Malum Prohibitum on November 16, 2016, 09:41:19 AM
Guessing you are there now?Jan - $45,622
Feb - $49,164
March - $62,581
April - $66,697
May - $71,586
June - $76,413
July - $83,499
August - $88924
September - $95816
OCTOBER - $99,648
So close its a little disappointing, unfortunately markets did not cooperate (first world problems).
Next pay day is Friday, Nov 4 which should push us over 100k, hopefully for good.
Post by: AcftW on November 20, 2016, 12:51:53 PM
$40,061 - Dec 2015
$43,153 - Jan 2016
$47,634 - Feb 2016
$50,404 - Mar 2016
$53,733 - Apr 2016
$54,717 - May 2016
$55,014 - Jun 2016
$59,924 - Jul 2016
$55,527 - Aug 2016
$61,117 - Sep 2016
$64,384 - Oct 2016
Been busy and didn't get a chance to update on the first.
According to Personal Capital...
$56,780 - Nov 2016
Short notice travel, unexpected car repair, and moving for work with a few weeks of no income getting settled has taken a toll. Good news is I've got a new job and moving up from 45k income to 76k, so I should start seeing solid improvement from here.
Post by: chesebert on November 20, 2016, 01:16:34 PM
Post by: jeeebus on November 21, 2016, 08:43:37 AM
I'm new to the group, although I discovered MMM in September 2015. Since then I've been busy getting my finances in order and starting to build my 'stache, which as of today is $21,326.78. Hope to increase this by $2,000 at the end of the month.
Post by: frugalfanny on November 21, 2016, 01:59:00 PM
It has taken me 7 years to get to this point.
November 2009: Graduated from grad school with $52k student loans and 5k in the bank, but thankfully also already employed with benefits!
November 2010: -$41,165 (Did a bunch of dumb things like bought a brand new car which was totaled 2 years later)
November 2011: -$26,332
November 2012: -$7,560 (bought another new car which was also totaled 2 years later)
November 2013: $8,748
November 2014: $21,464 (bought a used Rav4 at an unreasonable price with a useless warranty--I clearly make really unintelligent decisions when purchasing a car. I really wish I had found MMM before buying my 1st, and 2nd, and 3rd car. This will not happen again!)
November 2015: $27,355 (Found MMM. Paid off car and started student loan destruction)
November 2016: $50,207 (Hit 50k in retirement savings and net worth. Since I started with ~50k in the red it feels really good to be 50k in the right direction)
Plans for 2017: Getting married in the fall. Money for the wedding already saved. Paying on student loans with a vengeance ($1,133 a month).
Post by: chesebert on November 23, 2016, 10:37:18 AM
Post by: BeautifulDay on November 23, 2016, 07:35:49 PM
Apr 2016 $31,751
May 2016 $38,742
Jun 2016 $40,970
July 2016 $61,657
Aug 2016 $64,120
Sep 2016 $66,961
Oct 2016 $70,179
Should make $75k by the end of the year.
Post by: Hey It's Me on November 26, 2016, 11:03:04 PM
| January 2015 | $761.27 |
| February 2015 | $1,692.86 (first full-time paycheck) |
| March 2015 | $7,340.61 |
| April 2015 | $9,390.15 |
| May 2015 | $14,705.60 |
| June 2015 | $15,555.61 |
| July 2015 | $17,823.47 |
| August 2015 | $21,317.49 |
| September 2015 | $22,306.13 (got a raise) |
| October 2015 | $29,095.56 |
| November 2015 | $29,908.32 |
| December 2015 | $32,139.84 |
| January 2016 | $33,406.91 |
| February 2016 | $44,953.46 (vested a bunch of employer benefits) |
| March 2016 | $50,388.38 (No idea... this looks off to me) |
| April 2016 | $57,981.30 (got another raise around this time) |
| May 2016 | $58,673.90 |
| June 2016 | $57,834.51 |
| July 2016 | $63,066.48 |
| August 2016 | $66,336.33 (got awarded a LOT of RSUs, vest quarterly so no impact in August) |
| September 2016 | $64,358.40 |
| October 2016 | $61,734.57 |
| November 2016 | $78,814.44 (get a raise, company gets bought, RSUs vest) |
Hoping to net out around 80-85K for 2016, and hit 100K early next year!
Post by: Hey It's Me on November 26, 2016, 11:06:46 PM
It has taken me 7 years to get to this point.
November 2009: Graduated from grad school with $52k student loans and 5k in the bank, but thankfully also already employed with benefits!
November 2016: $50,207 (Hit 50k in retirement savings and net worth. Since I started with ~50k in the red it feels really good to be 50k in the right direction)
Plans for 2017: Getting married in the fall. Money for the wedding already saved. Paying on student loans with a vengeance ($1,133 a month).
CONGRATS!
Post by: dogboyslim on November 28, 2016, 09:15:47 AM
3/29: $23,784
4/21: $26,650
5/20: $28,769
...
8/1: $34,808
9/1: $37,342
9/29: $39,883
10/31: $41,720
11/28: $44,979
Nothing really exciting, just plugging away.
Post by: SGontour on November 30, 2016, 03:47:45 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
May 2016: CHF 86,464
June 2016: CHF 89,312
Juli 2016: CHF 92,488
August 2016: CHF 99,535
September 2016: CHF 98,719
October 2016: CHF 97,52
November 2016: CHF 106,096
Hopefully the first 100k is really the hardest part to get to 1 million :)
Thank you all for the support and motivation to keep me on track!
Post by: FIREGuy on November 30, 2016, 04:57:10 AM
Here goes.
Oct 31st, 2016 - $17,457.17
Haven't done any thorough calculations, but back of the envelope says it should be a little over a year.
November 30th, 2016 - $35,747
Always nice to find out that your wife has about 12k in GE stock that was given to her from her grandparents. Looking to liquidate and put it into a Roth before the end of the year for diversification.
Post by: lamil on November 30, 2016, 07:21:25 AM
March 2016: 8152.00November 30, 2016: $41,765
April 2016: 10915.00
Today(April 26th): 19516.00
May 31, 2016: 22,693
June 30, 2016: 27,496
July 31, 2016: 31,297
August 31, 2016: 34,286
September 30, 2016: $32,870 *new driveway
October 31, 2016: $36,980
Post by: Malum Prohibitum on November 30, 2016, 09:07:10 AM
Congrats! What explains the big jumps in net worth in January and February?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
May 2016: CHF 86,464
June 2016: CHF 89,312
Juli 2016: CHF 92,488
August 2016: CHF 99,535
September 2016: CHF 98,719
October 2016: CHF 97,52
November 2016: CHF 106,096
Hopefully the first 100k is really the hardest part to get to 1 million :)
Thank you all for the support and motivation to keep me on track!
Post by: AcftW on November 30, 2016, 05:31:55 PM
$40,061 - Dec 2015
$43,153 - Jan 2016
$47,634 - Feb 2016
$50,404 - Mar 2016
$53,733 - Apr 2016
$54,717 - May 2016
$55,014 - Jun 2016
$59,924 - Jul 2016
$55,527 - Aug 2016
$61,117 - Sep 2016
$64,384 - Oct 2016
$56,780 - Nov 2016
Short notice travel, unexpected car repair, and moving for work with a few weeks of no income getting settled has taken a toll. Good news is I've got a new job and moving up from 45k income to 76k, so I should start seeing solid improvement from here.
It's the first for me, I'm at $58,510 - Dec 2016
I'm getting paid tomorrow, so the number should jump significantly by next month. And this is more of a personal challenge for me, but if my calculations are correct, with solid budgeting I should be at 100k by next October with my new job.
Post by: Rodgers12 on December 01, 2016, 07:14:05 AM
08/31/2015: $34,949
09/30/2015: $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
05/31/2016: $58,756
06/30/2016: $58,646
07/31/2016: $64,525
08/31/2016: $66,682
09/30/2016: $68,877
10/31/2016: $68,616
11/30/2016: $69,541
Post by: JLee on December 01, 2016, 12:56:48 PM
I've passed 100k if I factor in home equity, but I closed the year around 61k invested - I'm hoping to break 100k just in investments in 2016, so I'll stick around! :D
Realistically, I'm looking to hit $75K by the end of 2016, with a stretch-goal of $80K. I can't wait to hit $100K!
I have a good job, but I can't see myself staying in it for 5 more years. Great benefits, but I am fairly bored in it and would like to do other things with my life. I think if I could get a NW of $100K with about $20K in cash, I could feel comfortable with the risk of trying something else. I just want to have the cushion of being able to quit anything I'm not happy with. The last thing I want to do is quit my ho-hum but secure job for something that sounds good but turns out to be pure misery. I've had a pure misery job, know how easily I could be in one and know a great deal of people continue in one because they have no other choice. I want to keep at least 1-yr of living expenses on hand for bugging out.
Good luck! Sometimes a leap like that turns out even better than you expected. I quit a secure government job just over four years ago to move to the other side of the country (I quit with no job lined up)..fast forward to now - I'm in a new field entirely, my salary has doubled since then and I'm really quite happy. :)
$90k is more likely for me this year, but a stretch goal of $100k sounds good. :D
Wow, thanks, that is encouraging! I'm glad it turned out so well for you; I just hope the same for myself. I'd love to get into a completely new field. Perhaps my 'stache will fund my journey!
And here we are - I crossed into December with $101k and change in cash/retirement/investments!
Post by: charis on December 01, 2016, 01:28:33 PM
November 2016: $105KMay 2016: $81KOctober 1, 2015: ~$40KApril 2016 (so far): $71K
February 2016: ~$65K
We are close to 100K invested - might hit that by the end of Jan '17
Post by: westtoeast on December 01, 2016, 03:23:19 PM
I have...
$4000 in Roth/403b
$3500 in Emergency Fund (will grow until $6000, then I'll divert savings to investments)
$2000 in Short Term Savings
$10,000 in Pension (post-tax, will be leaving position before vesting so I count this as savings)
Total: $19,500
I also have student loan debt, but I'm strategically paying it off so as to take advantage of teacher loan forgiveness in 2.5 years. For this reason I'm not counting it against my net worth, because none of these assets will be depleted by the debt.
Saving/Debt Repayment Rate (post tax) = 48%
Post by: Malum Prohibitum on December 02, 2016, 05:31:27 AM
Is it too late to join this?It's never too late! Keep us updated. It gives yourself a place to be accountable.
Post by: NickleNurser on December 02, 2016, 10:38:44 PM
Jan 2016: 19,799
Feb 2016: 18,990
Mar 2016: 21,803
April 2016: 34,510 (Large reimbursement from my company)
May 2016: 37,172
June 2016: 40,277
July 2016: 47,027
August 2016: 47,772
September 2016: 51,071
October 2016: 53,397
November 2016: 59,326
Post by: SGontour on December 02, 2016, 11:39:08 PM
Congrats! What explains the big jumps in net worth in January and February?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
May 2016: CHF 86,464
June 2016: CHF 89,312
Juli 2016: CHF 92,488
August 2016: CHF 99,535
September 2016: CHF 98,719
October 2016: CHF 97,52
November 2016: CHF 106,096
Hopefully the first 100k is really the hardest part to get to 1 million :)
Thank you all for the support and motivation to keep me on track!
I normally invest three times a year. One is end of January when I get my bonus for the previous year.
If I remember correctly, January was quite a bad month (prices got cheaper :) ) and during February prices rose again.
Thus, good, but unintentioned timing of the market ;)
(my numbers are only my investments, no retirement accounts or cash, and thus, 100% in stocks)
Post by: icegirl on December 05, 2016, 01:51:33 AM
Hoping to get to $100K in one year. We are in crazy saving mode until august, where we move into our new condo. We are probably taking a little break from crazy mode in sept-dec, without letting the lifestyle creep get too bad.
Post by: jeeebus on December 05, 2016, 06:18:07 AM
Hi all,
I'm new to the group, although I discovered MMM in September 2015. Since then I've been busy getting my finances in order and starting to build my 'stache, which as of today is $21,326.78. Hope to increase this by $2,000 at the end of the month.
Managed to save a bit more than planned last month, so my 'stache is currently sitting at $24,044.76
Post by: Nederstash on December 05, 2016, 12:19:40 PM
Sep 15: 5775
Oct 15: 6964
Nov 15: 8551
Dec 15: 12085
Jan 16: 12700
Feb 16: 13691
Mar 16: 14818
Apr 16: 16220
May 16: 17510
Jun 16: 21149
Jul 16: 22024
Aug 16: 23325
Sep 16: 24285
Oct 16: 25400
Nov 16: 26932
Dec 16: 31121
Nice increase due to Christmas bonus, though 2300 will evaporate in Jan/Feb due to taxes and health insurance (paid only once a year instead of monthly).
Post by: MVal on December 08, 2016, 07:50:26 AM
I still have my bonus to put in yet in another couple weeks, so I'm excited to see how far I'll get by the end of the year pending no major drops in the market between now and then.
Post by: tomita on December 09, 2016, 05:56:58 AM
30 Nov 2016 $115000-$29000=$86000
16 Mar 2016 $64300 - $13200 = $51300
17 Apr 2016 $103500 - $45600 = $57900
10 May 2016 $106390 - $42900= $63490
28 May 2016 $109037 - $41046= $67991
24 Sep 2016 $109400-$33300=$76100
Post by: Hey It's Me on December 09, 2016, 10:36:15 PM
Post by: Cezilous on December 13, 2016, 10:53:51 AM
Dec-16: $32,870.70
Post by: druth on December 13, 2016, 01:51:02 PM
Sep-15 $6,657December-16 65515
Oct-15 $10,846
Nov-15 $13,419
Dec-15 $19,983
Jan-16 $23,828
Feb-16 $27,482
Mar-16 $33,831
Apr-16 $38,873
May-16 $38453
Jun-16 $43398
Sep-16 $56655
Honestly I left my job for a much lower paying one and I'm saving way less than what I'd like but the value of my house has been going nuts since they announced a new stadium near me. Median house value is up 9% in the last year. I'm certainly not going to complain though. ―\_(ツ)_/―
Post by: viverl on December 17, 2016, 12:15:35 PM
09/2016 43.882,85
12/2016: 48.143,58
Nice end of year :)
Post by: tomita on December 27, 2016, 05:20:38 PM
20 Dec 2016 $119500-$26770=$9273030 Nov 2016 $115000-$29000=$86000
16 Mar 2016 $64300 - $13200 = $51300
17 Apr 2016 $103500 - $45600 = $57900
10 May 2016 $106390 - $42900= $63490
28 May 2016 $109037 - $41046= $67991
24 Sep 2016 $109400-$33300=$76100
Post by: NickleNurser on December 28, 2016, 08:21:07 PM
Feb 2016: 18,990
Mar 2016: 21,803
April 2016: 34,510 (Large reimbursement from my job)
May 2016: 37,172
June 2016: 40,277
July 2016: 47,027
August 2016: 47,772
September 2016: 51,071
October 2016: 53,397
November 2016: 59,326
December 2016: 64,142
Post by: beantown on December 30, 2016, 08:10:41 AM
Post by: aoedae on December 30, 2016, 01:16:15 PM
I'm currently on a salary of £23,500 and paying back a student loan in the UK, so I'm going for (what is for me) a stretch goal of saving an additional £15,000 between January 1st 2017 and December 31st 2017.
I'm hoping that in addition to salary and any bonuses, some of this will be from the sale of assets (excess household goods etc.), some from current account hopping, and some from interest. I'm challenged by the fact that I pay what feels like quite a bit of tax (12% on all + 20% on anything over £11,000 + 9% on all values over £17,000)
Starting values:
End December 2016: £29,600 + company pension £500
Final goal:
£45,000 + company pension ???
Post by: dogboyslim on December 30, 2016, 01:26:34 PM
3/29: $23,784
4/21: $26,650
5/20: $28,769
6/30: $32,015
8/1: $34,808
9/1: $37,342
9/29: $39,883
10/31: $41,720
11/28: $44,979
12/30: $56,197
Wife had a small inheritance that boosted us $8k. At current pace we should graduate in early 2018.
Post by: $40Kby40 on December 31, 2016, 12:29:29 AM
30 Dec 2016 - $83,224
+$45,870
I waited until the end of the year to take my pets to the vet for dentals/annual exams and ended up spending way more than I wanted to (one cat had a tumor removed). If not for these expenses, would have been at $50,000+ for the year. Pets are such a money suck.
So, goal for 2017 is to increase by at least $50,000 while still living a not so completely mustachian life.
Post by: FIREGuy on December 31, 2016, 05:19:27 AM
November 2016 - $35,747
December 2016 - $39,657
Post by: Rodgers12 on December 31, 2016, 11:02:57 AM
08/31/2015: $34,949
09/30/2015: $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
05/31/2016: $58,756
06/30/2016: $58,646
07/31/2016: $64,525
08/31/2016: $66,682
09/30/2016: $68,877
10/31/2016: $68,616
11/30/2016: $69,541
12/31/2016: $74,813
Post by: edmundblackadder on December 31, 2016, 01:44:59 PM
Next year should be interesting (probably moving abroad, I expect massive political upheaval influencing the market, etc. etc), and I think if I stay on this slope, I'll be pretty happy.
Post by: Hey It's Me on December 31, 2016, 07:06:16 PM
(http://i.imgur.com/w1J497j.jpg)
Post by: AcftW on December 31, 2016, 11:14:06 PM
$40,061 - Dec 2015
$43,153 - Jan 2016
$47,634 - Feb 2016
$50,404 - Mar 2016
$53,733 - Apr 2016
$54,717 - May 2016
$55,014 - Jun 2016
$59,924 - Jul 2016
$55,527 - Aug 2016
$61,117 - Sep 2016
$64,384 - Oct 2016
$56,780 - Nov 2016
$58,510 - Dec 2016
$67,328 - Jan 2017
Jumped up a solid amount because of new job/increased pay, though investments went down. Making solid progress regardless, and a good way to start the year off.
Post by: plutomaniac on December 31, 2016, 11:47:42 PM
NW
Jan 2017 - $93,255.80
I've been following this thread for about 6 months, so it feels good to finally post. I'll likely rejoin this race at some point as I'll be buying a house in the near future.
Good luck in 2017 everyone.
Post by: BeautifulDay on January 01, 2017, 12:40:40 AM
Mar 2016 $28,361
Apr 2016 $31,751
May 2016 $38,742
Jun 2016 $40,970
July 2016 $61,657
Aug 2016 $64,120
Sep 2016 $66,961
Oct 2016 $70,179
Should make $75k by the end of the year.
Dec 2016. $ $78,000
Post by: intirb on January 02, 2017, 10:53:45 AM
Post by: Mezzie on January 02, 2017, 11:05:38 AM
Post by: markbike528CBX on January 02, 2017, 05:43:00 PM
You are way ahead in the game already.
Most people don't know that aspiring to have a NW of zero or greater is even a thing to do!
Post by: jeeebus on January 03, 2017, 04:26:13 AM
Nov 2016 - $24,044.76
Dec 2016 - $25,106.17
Happy New Year everyone
Post by: lamil on January 03, 2017, 07:26:08 AM
March 2016: 8152.00December 31st, 2016: 44,852
April 2016: 10915.00
Today(April 26th): 19516.00
May 31, 2016: 22,693
June 30, 2016: 27,496
July 31, 2016: 31,297
August 31, 2016: 34,286
September 30, 2016: $32,870 *new driveway
October 31, 2016: $36,980
November 30, 2016: $41,765
Post by: Mezzie on January 03, 2017, 07:31:38 AM
Thanks for the encouragement! I did real math this morning and figured out just how much I could get from my pension fund if I were to quit now, and it's quite a lot more than I estimated.
So, my actual starting net worth is $39,409.44, not a negative number. Yay!
Post by: MVal on January 03, 2017, 08:17:30 AM
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...!)
Holy crap, I did it! Last year during this same time, the first week of January, I said the following: "Realistically, I'm looking to hit $75K by the end of 2016, with a stretch-goal of $80K. I can't wait to hit $100K!" Now I have surpassed what I anticipated as my "stretch-goal" for 2016 by $4K! Sooo happy!
In re-cap of 2016, I am very satisfied with my decision to have fully funded my 401K for the first time. I front loaded the year with 80% of my pay going in for the first two months and then dialed back to 30% or so for most of the year and then added 80% of my bonus (80% is the max allowed on individual contributions by our company). I'm sure my payroll department thought I was a maniac towards the end of the year as I tried to tweak contributions to get to that magic, even number of $18K. On my last paycheck of the year, I put in a request to increase my contribution by just four cents...but it all worked out evenly and I'm so thrilled. The amazing thing is that even though I only contributed $18K to my 401K, the whole balance of it went up $28K! I had $22K in it last January and now I have over $50K! After my company's contributions of $1100 in profit sharing additions and $2,000 matching, I guess the rest of the increase was just from growth! Amazing! Equally amazing is the fact that my income was about $44K if you count my bonus, and my net worth went up $34K overall; my total contributions across all accounts was over $26K, so that means I passively grew more than $8,000!
And if I've calculated correctly, with my other contributions of fully funding my HSA and opening and fully funding a traditional IRA for the first time, I actually should get the full Saver's Credit and most likely pay NO income tax this year! I was lucky to be in a position this year where my income of $40K was just low enough that I could make this happen. I probably won't be able to do this again since I'll continue to get raises, but I'll be very excited to see if all my calculations for this were correct this last year.
This year, I don't plan to push as hard on the 401K as I might move out of my roommate's house and get my own apartment, but I still hope to contribute at least $12K. I also hope to fully fund the IRA again and the HSA and with any luck, add more money to my liquid savings, which is sitting at $8K after I raided it some to fund the IRA last week. I plan to front load the 401K again, hopefully adding close to $6K in the first two months.
I know everyone thinks 2016 was a horrible year, but it was very good to me!!
Post by: Mezzie on January 03, 2017, 08:37:10 AM
Post by: Nederstash on January 03, 2017, 09:25:39 AM
Sep 15: 5775
Oct 15: 6964
Nov 15: 8551
Dec 15: 12085
Jan 16: 12700
Feb 16: 13691
Mar 16: 14818
Apr 16: 16220
May 16: 17510
Jun 16: 21149
Jul 16: 22024
Aug 16: 23325
Sep 16: 24285
Oct 16: 25400
Nov 16: 26932
Dec 16: 31121
Jan 17: 31444 (prepaid a full year's health insurance, so no big increase)
Post by: andy85 on January 03, 2017, 12:13:37 PM
| Jan 16 | $39,550 |
| Feb 16 | $41,468 |
| Mar 16 | $47,974 |
| Apr 16 | $51,484 |
| May 16 | $52,730 |
| Jun 16 | $53,694 |
| Jul 16 | $55,669 |
| Aug 16 | $56,725 |
| Sep 16 | $58,793 |
| Oct 16 | $58,748 |
| Nov 16 | $60,551 |
| Dec 16 | $61,253 |
Post by: MEJG on January 03, 2017, 12:20:30 PM
Dec 31, 2016 -$12,948.22 (+$35,346.34 for 2016)
2017 I'll be able to joint this race!
Post by: SpareChange on January 03, 2017, 12:39:41 PM
Post by: MVal on January 06, 2017, 08:41:13 AM
Awesome saving Mval!! Come join us in the next thread! :)
I can't wait! With front loading in the first two months, I should easily get to $90K quickly, but that final $10K push to the next level might be a bugger. With any luck, I'll get there before July, though.
Post by: Verdure on January 15, 2017, 05:39:44 PM
I will work on nailing down harder numbers For Q2, but a lot of that is home equity, and that is not a hard number anyway. No way to know how much we truly have until we sell.
Based on our current rate of retirement savings and mortgage/SL payoff, if we did nothing else to increase NW this year (and not factoring in markets), we would increase the stash to $79,000. So as a stretch goal, I am going to shoot for $90,000 NW by the end of 2017. And another stretch, I hope to graduate to the next thread by the end of Q1 2018.
Oh, and full disclosure, that is that number is not factoring in my pension. I suppose if I count that, we'd probably graduate by the end of this year, but I don't vest until next year, so we won't count our chickens.
Post by: GeekyGirl on January 17, 2017, 05:20:41 AM
Happy new year everyone and congrats on the huge achievements. 2017 is the year I'm pressuring myself with hard goals so I'll join this thread.
If I'm focused I can probably get to the 100K in four years (end of 2020, at a conservative estimate not accounting for raises and stocks appreciation) which is way too long for me to envision but the thread could be a way to get myself accountable on tracking NW quaterly which is one of my goal for 2017.
Jan 17, 2017: 12,138
I don't know how I 'lost' 3K in the last 2 weeks. It was 15K by end of December but I counted checking account which I'll exclude from now on. Hope to have it at 30K by end of year, that'll be cause for celebration.
Post by: onehair on January 17, 2017, 01:08:39 PM
IRA-$3822
TSP-$19602
Stocks-$5714
Acorns-$627
Digit Emergency Savings-$699
Post by: tortoiseshell on January 17, 2017, 04:55:43 PM
1/1/17: $29,671.78
Post by: viverl on January 22, 2017, 06:12:50 AM
06/2014 2.500
09/2016 43.882,85
12/2016: 48.143,58
update:
01/2017: 50.380
Post by: MVal on January 24, 2017, 06:21:01 PM
I've passed 100k if I factor in home equity, but I closed the year around 61k invested - I'm hoping to break 100k just in investments in 2016, so I'll stick around! :D
Realistically, I'm looking to hit $75K by the end of 2016, with a stretch-goal of $80K. I can't wait to hit $100K!
I have a good job, but I can't see myself staying in it for 5 more years. Great benefits, but I am fairly bored in it and would like to do other things with my life. I think if I could get a NW of $100K with about $20K in cash, I could feel comfortable with the risk of trying something else. I just want to have the cushion of being able to quit anything I'm not happy with. The last thing I want to do is quit my ho-hum but secure job for something that sounds good but turns out to be pure misery. I've had a pure misery job, know how easily I could be in one and know a great deal of people continue in one because they have no other choice. I want to keep at least 1-yr of living expenses on hand for bugging out.
Good luck! Sometimes a leap like that turns out even better than you expected. I quit a secure government job just over four years ago to move to the other side of the country (I quit with no job lined up)..fast forward to now - I'm in a new field entirely, my salary has doubled since then and I'm really quite happy. :)
$90k is more likely for me this year, but a stretch goal of $100k sounds good. :D
Wow, thanks, that is encouraging! I'm glad it turned out so well for you; I just hope the same for myself. I'd love to get into a completely new field. Perhaps my 'stache will fund my journey!
And here we are - I crossed into December with $101k and change in cash/retirement/investments!
Daaaang! Congratulations on blowing way past your stretch goal!! I went past my stretch goal too, made me so happy! We'll see what this year brings...
Post by: twojabs on January 25, 2017, 02:49:15 PM
Anyway, my wife is finishing up for 9 months maternity leave on about $130 per week for the duration.
I invest roughly $530 in my workplace pension (only accessible when im 58), and a further $170 monthly into sharesave schemes (cant really access for 5 years).
This month we managed (somehow) to have a surplus of $1990 from our day to day account.
I'd say i hope it is not too long from 10k to 100k, but i have my reservations about investing, maybe someone can help me (?) get over the hurdle...
I think our split of where the money has gone is wrong but im too shit scared to switch it around even though (every month) i convince myself i'll change.
Of the $1990, we:
- invested $380, split 60:20:20 between 3 passive trackers (Dev Wrld ex UK, Uk all-share, Global Property Securities)
- put $60 toward our mortgage as an overpayment (1.5%)
- saved $1550 (the balance) as cash (3% rate)
I should add we have around $25k in cash (though it may be double this through squirreling).
Our monthly outgoing are around $1300 incl mortgages, insurances, food (well everything except car fuel and car insurance)...
Post by: Suit on January 25, 2017, 07:37:10 PM
I have a feeling I'm going to get killed in this race, but I'm in. Right now at -32,000 net worth (student loans) so I'm not expecting to hit 100k NW until probably 2 years or so from now.
I FINALLY HIT 100K NW TODAY!!! Yay!
Post by: JAYSLOL on January 25, 2017, 10:16:05 PM
Jan, 2017 - $31k
Post by: Verdure on January 26, 2017, 05:01:21 PM
I FINALLY HIT 100K NW TODAY!!! Yay!
Congratulations!!! Woohoo! Way to go graduate! Hope I can meet up with you in the next thread. :-)
Post by: beantown on January 27, 2017, 08:13:44 AM
Jan 2017: $21.8K
Post by: dogboyslim on January 30, 2017, 09:09:56 AM
3/8: $20,818
3/29: $23,784
4/21: $26,650
5/20: $28,769
6/30: $32,015
8/1: $34,808
9/1: $37,342
9/29: $39,883
10/31: $41,720
11/28: $44,979
12/30: $56,197
2017
1/30: $59,598
Post by: MVal on January 30, 2017, 02:26:17 PM
Post by: andy85 on January 30, 2017, 02:31:59 PM
| Jan 16 | $39,550 |
| Feb 16 | $41,468 |
| Mar 16 | $47,974 |
| Apr 16 | $51,484 |
| May 16 | $52,730 |
| Jun 16 | $53,694 |
| Jul 16 | $55,669 |
| Aug 16 | $56,725 |
| Sep 16 | $58,793 |
| Oct 16 | $58,748 |
| Nov 16 | $60,551 |
| Dec 16 | $61,253 |
| Jan 17 | $64,001 |
Post by: JLee on January 30, 2017, 04:17:35 PM
I have a feeling I'm going to get killed in this race, but I'm in. Right now at -32,000 net worth (student loans) so I'm not expecting to hit 100k NW until probably 2 years or so from now.
I FINALLY HIT 100K NW TODAY!!! Yay!
Congratulations!!
Post by: frugalwitch on January 30, 2017, 05:45:27 PM
NW without house/rental condo: 33k.
Wow, didn't know I had that much! Guess 100k isn't impossible but I'd like to stay here till I get 100k without house/rental values :D.
Post by: $40Kby40 on January 30, 2017, 07:25:07 PM
30 Jan 2017 - $89,379
March is a 3 paycheck month for both my husband and I. Would be nice to hit $100,000 by the end of that month.
Post by: felixbf on January 30, 2017, 10:18:43 PM
Jan 63,000.00
Finished all my debt off last year really helped increasing my savings ratio.
Post by: FIREGuy on January 31, 2017, 04:38:23 AM
November 2016 - $35,747
December 2016 - $39,657
January 2017 - $45,491
Post by: jeeebus on January 31, 2017, 07:03:58 AM
Nov 2016 - $24,044.76
Dec 2016 - $25,106.17
Jan 2017 - $27,207.71
Post by: merlin7676 on January 31, 2017, 08:44:13 AM
Honestly once I got rid of my debt, it's really amazing how much I've been able to put away. All that expense going out the door being turned around and saved.
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
05/31/16 $64,177.27
06/30/16 $65,348.17
07/31/16 $69,790.01
08/31/16 $70,534.23
09/30/16 $73,742.76
10/31/16 $74,282.52
11/30/16 $77,284.23
12/31/16 $80,583.50
01/31/17 $84,085.00
(does not include the house. Only investments and savings)
Post by: lamil on January 31, 2017, 09:28:46 AM
March 2016: 8152.00January 31st, 2017: $49,533
April 2016: 10915.00
Today(April 26th): $19516.00
May 31, 2016: $22,693
June 30, 2016: $27,496
July 31, 2016: $31,297
August 31, 2016: $34,286
September 30, 2016: $32,870 *new driveway
October 31, 2016: $36,980
November 30, 2016: $41,765
December 31st, 2016: $44,852
Post by: intirb on January 31, 2017, 01:43:00 PM
Post by: MVal on January 31, 2017, 08:42:26 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...!)
Jan 2017 - $87,000 (so far two paychecks front-loaded to 401K at 80%)
Post by: AcftW on January 31, 2017, 09:37:26 PM
$40,061 - Dec 2015
$43,153 - Jan 2016
$47,634 - Feb 2016
$50,404 - Mar 2016
$53,733 - Apr 2016
$54,717 - May 2016
$55,014 - Jun 2016
$59,924 - Jul 2016
$55,527 - Aug 2016
$61,117 - Sep 2016
$64,384 - Oct 2016
$56,780 - Nov 2016
$58,510 - Dec 2016
$67,328 - Jan 2017
$73,827 - Feb 2017
Everything is on schedule.
Post by: Rodgers12 on February 01, 2017, 07:25:07 AM
08/31/2015: $34,949
09/30/2015: $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
05/31/2016: $58,756
06/30/2016: $58,646
07/31/2016: $64,525
08/31/2016: $66,682
09/30/2016: $68,877
10/31/2016: $68,616
11/30/2016: $69,541
12/31/2016: $74,813
01/31/2017: $89,057 - Large Increase was due to purchasing a house and was gifted 9k in equity.
Post by: CmFtns on February 01, 2017, 09:01:52 AM
Wow it's been 6 months since I last posted here that went by fast... well it looks like I will be graduating here in Febuary hopefully =)2015
Apr $12,466.69
May $14,786.72
Jun $17,419.27
Jul $21,457.81
Aug $24,608.98
Sep $25,148.05
Oct $30,071.44
Nov $30,362.40
Dec $33,987.45
2016
Jan $37,178.00
Feb $40,183.56
Mar $41,965.73
Apr $46,690.70
May $51,510.46
June $55,116.73
July $61,327.75
August: $65,649.24
September: $70,236.10
October: $74,423.94
November: $81,213.73
December: $88,429.80
2017
January: $97,244.89
Post by: tortoiseshell on February 02, 2017, 05:24:40 AM
I'm joining in! I'll be here for a while because we're currently saving for a house. We track our net worth on the first of every month.
1/1/17: $29,671.78
2/1/17: $31,725.72 (+$2,053.94)
Post by: Malum Prohibitum on February 02, 2017, 03:59:53 PM
Wait, you went from 37 to 100 in a year? Please share how!Wow it's been 6 months since I last posted here that went by fast... well it looks like I will be graduating here in Febuary hopefully =)2015
Apr $12,466.69
May $14,786.72
Jun $17,419.27
Jul $21,457.81
Aug $24,608.98
Sep $25,148.05
Oct $30,071.44
Nov $30,362.40
Dec $33,987.45
2016
Jan $37,178.00
Feb $40,183.56
Mar $41,965.73
Apr $46,690.70
May $51,510.46
June $55,116.73
July $61,327.75
August: $65,649.24
September: $70,236.10
October: $74,423.94
November: $81,213.73
December: $88,429.80
2017
January: $97,244.89
Post by: Mezzie on February 03, 2017, 06:50:45 PM
2/3/2017: 55,570
That was a much bigger jump than I had actually planned. Uber Frugal January did its job!
Post by: briesas on February 03, 2017, 07:04:27 PM
State pension (only the part I can roll over if I leave) = 21000
IRA= 2517.56
457 = 9459.79
Savings = 4780.78
Total = 37581.13
Student loans = 27,073.54
NW = 10684.59
Post by: NickleNurser on February 03, 2017, 11:38:15 PM
Feb 2016: 18,990
Mar 2016: 21,803
April 2016: 34,510
May 2016: 37,172
June 2016: 40,277
July 2016: 47,027
August 2016: 47,772
September 2016: 51,071
October 2016: 53,397
November 2016: 59,326
December 2016: 64,142
January 2017: 69,685
Post by: Nederstash on February 04, 2017, 04:34:13 AM
Sep 15: 5775
Oct 15: 6964
Nov 15: 8551
Dec 15: 12085
Jan 16: 12700
Feb 16: 13691
Mar 16: 14818
Apr 16: 16220
May 16: 17510
Jun 16: 21149
Jul 16: 22024
Aug 16: 23325
Sep 16: 24285
Oct 16: 25400
Nov 16: 26932
Dec 16: 31121
Jan 17: 31444
Feb 17: 42849**
**in my calculations I've been using my house value from the last time it was valued by an expert (end of 2014). I realize that the value has gone up, but I don't know exactly by how much. Some websites say +10k, others +25k. I hadn't updated that number until now... So I've added 10k, the lowest number. No, sadly I haven't gotten a giant raise all of a sudden.
Post by: akzidenz on February 04, 2017, 04:21:24 PM
| Date | Net worth |
| March 31, 2016 | $11,309 |
| February 4, 2017 | $50,348 |
I started my first job after college in early 2016 with a mere $11k net worth, and just realized today that I crossed the $50k mark.
I'm hoping to save $36k more in 2017!
Post by: GeekyGirl on February 06, 2017, 08:47:59 AM
Hi,Couldn't wait for three months!!
Happy new year everyone and congrats on the huge achievements. 2017 is the year I'm pressuring myself with hard goals so I'll join this thread.
If I'm focused I can probably get to the 100K in four years (end of 2020, at a conservative estimate not accounting for raises and stocks appreciation) which is way too long for me to envision but the thread could be a way to get myself accountable on tracking NW quaterly which is one of my goal for 2017.
Jan 17, 2017: 12,138
I don't know how I 'lost' 3K in the last 2 weeks. It was 15K by end of December but I counted checking account which I'll exclude from now on. Hope to have it at 30K by end of year, that'll be cause for celebration.
Jan 17, 2017: 12,138
Feb 06, 2017: 16,720
Post by: TheCastle on February 08, 2017, 11:48:52 AM
Jan 2017: $19,166.96
Feb 2017: $20,947.41
Hoping to crank up the savings soon! Next month might take a hit (new tires).
Post by: CmFtns on February 08, 2017, 12:07:17 PM
Wait, you went from 37 to 100 in a year? Please share how!Wow it's been 6 months since I last posted here that went by fast... well it looks like I will be graduating here in Febuary hopefully =)2015
Apr $12,466.69
May $14,786.72
Jun $17,419.27
Jul $21,457.81
Aug $24,608.98
Sep $25,148.05
Oct $30,071.44
Nov $30,362.40
Dec $33,987.45
2016
Jan $37,178.00
Feb $40,183.56
Mar $41,965.73
Apr $46,690.70
May $51,510.46
June $55,116.73
July $61,327.75
August: $65,649.24
September: $70,236.10
October: $74,423.94
November: $81,213.73
December: $88,429.80
2017
January: $97,244.89
Actually I went from 34k which was the last day in Dec 2015 to 88.5k on the last day in dec 2016 which is 54.5k increase to my net worth. I'm a software engineer and my salary is around 65k. I split expenses with my GF and ended up personally spending around maybe 7k last year on expenses. I took full advantage of my pre-tax accounts so my taxes were as low as possible
65k - 4.5k (taxes) - 7k(expenses) = 53.5k saved + a thousand from my investments increasing = increased my net worth 54.5k in one year
Post by: tomita on February 13, 2017, 09:23:21 PM
16 Mar 2016 $64300 - $13200 = $51300I think we passed the 100K mark
17 Apr 2016 $103500 - $45600 = $57900
10 May 2016 $106390 - $42900= $63490
28 May 2016 $109037 - $41046= $67991
24 Sep 2016 $109400-$33300=$76100
30 Nov 2016 $115000-$29000=$86000
20 Dec 2016 $119500-$26770=$92730
Post by: frugalfanny on February 14, 2017, 03:16:07 PM
November 2009: Graduated from grad school with $52k student loans and 5k in the bank.
November 2010: -$41,165
November 2011: -$26,332
November 2012: -$7,560
November 2013: $8,748
November 2014: $21,464
November 2015: $27,355
November 2016: $50,207
February 14 2017: $60,724
Post by: MVal on February 15, 2017, 04:03:59 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...!)
Jan 2017 - $87,000 (so far two paychecks front-loaded to 401K at 80%)
Crossed $90K just now, yay!
Post by: NickleNurser on February 15, 2017, 10:14:37 PM
Feb 2016: 18,990
Mar 2016: 21,803
April 2016: 34,510
May 2016: 37,172
June 2016: 40,277
July 2016: 47,027
August 2016: 47,772
September 2016: 51,071
October 2016: 53,397
November 2016: 59,326
December 2016: 64,142
January 2017: 69,685
February 2017: 71,722
It's helpful to look at the numbers trending upwards. It's easy to compare myself to others and sometimes it feels like I'm barely moving forward. Just. Keep. Saving!
Post by: BCpuppy on February 17, 2017, 10:30:49 AM
Feb 2016 39,500
Post by: dogboyslim on February 18, 2017, 09:07:27 PM
3/8: $20,818
3/29: $23,784
4/21: $26,650
5/20: $28,769
6/30: $32,015
8/1: $34,808
9/1: $37,342
9/29: $39,883
10/31: $41,720
11/28: $44,979
12/30: $56,197
2017
1/30: $59,598
2/28: $94,135
We just put our whole bonus into savings. I know it isn't the month end, but we are pumped that this is the first time we haven't spent the bonus before we got it! We're still far from the frugal levels of most folks here but this one felt good. Looking to graduate around May/June now.
Updated for month end total.
Post by: MVal on February 19, 2017, 08:42:39 AM
I'm on track to reach the next level about the same time you are, although my spending is about to increase a lot due to me moving out into my own house from a roommate situation at the end of this month. I know it's going to be challenging to keep my same level of saving and I'm probably going to have learn a lot of new saving tricks, but I'm excited for the general, upward movement of my accounts.
Post by: Wanttobehome on February 25, 2017, 11:20:01 AM
Nov 2016 18595+1,296= 19,891
Dec 2016 19,091+1,425= 20,516
Jan 2017 19,586+1590= 21,176
Feb 2017 20,081+1673=21,754
Slowly but surely
Post by: BeautifulDay on February 25, 2017, 09:49:20 PM
Mar 2016 $35,000
Apr 2016 $31,751
May 2016 $38,742
Jun 2016 $40,970
July 2016 $61,657
Aug 2016 $64,120
Sep 2016 $66,961
Oct 2016 $70,179
Should make $75k by the end of the year.
Dec 2016. $ $78,000
Post by: frugalwitch on February 26, 2017, 11:59:16 AM
NW with house/rental condo: 71k.
NW without house/rental condo: 33k.
Wow, didn't know I had that much! Guess 100k isn't impossible but I'd like to stay here till I get 100k without house/rental values :D.
NW with house/rental condo: 74k.
NW without house/rental condo: 35k.
Post by: FIREGuy on February 28, 2017, 07:51:09 AM
November 2016 - $35,747
December 2016 - $39,657
January 2017 - $45,491
February 2017 - $47,327
Positive month but slower due to some home repairs. More repairs to come next month as well.
Post by: merlin7676 on February 28, 2017, 08:20:39 AM
Does not include house as it's not really an asset until we sell it.
Should be getting my bonus (1K minus taxes so $666), annual merit increase (usually around 3%), and hopefully promotion (all indications show I will be getting it) on the march 31st check so I think another 3 or 4 months and I can graduate to the race from 100K to 250K.
02/29/16 $46,830.84
03/31/16 $58,923.60
04/30/16 $62,829.27
05/31/16 $64,177.27
06/30/16 $65,348.17
07/31/16 $69,790.01
08/31/16 $70,534.23
09/30/16 $73,742.76
10/31/16 $74,282.52
11/30/16 $77,284.23
12/31/16 $80,583.50
01/31/17 $84,085.00
02/28/17 $88,359.35
Post by: Pooperman on February 28, 2017, 08:22:03 AM
| Date | Networth |
| 9/1/2014 | $14,865.26 |
| 10/1/2014 | $17,982.66 |
| 11/1/2014 | $17,949.24 |
| 12/1/2014 | $19,967.23 |
| 1/1/2015 | $25,504.84 |
| 2/1/2015 | $28,305.81 |
| 3/1/2015 | $30,322.90 |
| 4/1/2015 | $33,248.29 |
| 5/1/2015 | $34,786.85 |
| 6/1/2015 | $36,579.20 |
| 7/1/2015 | $33,108.30 |
| 8/1/2015 | $35,569.17 |
| 9/1/2015 | $37,759.70 |
| 10/1/2015 | $41,566.54 |
| 11/1/2015 | $53,256.44 |
| 12/1/2015 | $55,006.39 |
| 1/1/2016 | $57,428.23 |
| 2/1/2016 | $49,870.20 |
| 3/1/2016 | $51,558.33 |
| 4/1/2016 | $57,205.08 |
| 5/1/2016 | $61,094.49 |
| 6/1/2016 | $62,583.92 |
| 7/1/2016 | $63,773.08 |
| 8/1/2016 | $61,092.88 |
| 9/1/2016 | $57,409.45 |
| 10/1/2016 | $61,749.82 |
| 11/1/2016 | $61,600.48 |
| 12/1/2016 | $64,511.60 |
| 1/1/2017 | $70,030.75 |
| 2/1/2017 | $72,661.12 |
| 3/1/2017 | $78,557.23 |
Post by: intirb on February 28, 2017, 10:33:13 AM
If you entered information after Feb 15, it's gone. You'll have to re-enter it.
Post by: beantown on February 28, 2017, 06:54:11 PM
Jan 2017: $21.8K
Feb 2017: $28.8K
Received part of my tax refund so received a bit of a boost along with the crazy bull market.
Post by: CmFtns on February 28, 2017, 07:19:32 PM
thanks for the company all... now on to $250k
2015
Apr $12,466.69
May $14,786.72
Jun $17,419.27
Jul $21,457.81
Aug $24,608.98
Sep $25,148.05
Oct $30,071.44
Nov $30,362.40
Dec $33,987.45
2016
Jan $37,178.00
Feb $40,183.56
Mar $41,965.73
Apr $46,690.70
May $51,510.46
June $55,116.73
July $61,327.75
Aug $65,649.24
Sep $70,236.10
Oct $74,423.94
Nov $81,213.73
Dec $88,429.80
2017
Jan $97,244.89
Feb $103,330.77
Post by: AcftW on February 28, 2017, 11:41:18 PM
$40,061 - Dec 2015
$43,153 - Jan 2016
$47,634 - Feb 2016
$50,404 - Mar 2016
$53,733 - Apr 2016
$54,717 - May 2016
$55,014 - Jun 2016
$59,924 - Jul 2016
$55,527 - Aug 2016
$61,117 - Sep 2016
$64,384 - Oct 2016
$56,780 - Nov 2016
$58,510 - Dec 2016
$67,328 - Jan 2017
$73,827 - Feb 2017
$79,021 - Mar 2017
Post by: jeeebus on March 01, 2017, 02:30:52 AM
Nov 2016 - $24,044.76
Dec 2016 - $25,106.17
Jan 2017 - $27,207.71
Feb 2017 - $28,062.31
Post by: Middlesbrough on March 01, 2017, 06:58:04 AM
Here's my final numbers... It's been real fun but... I hope I'm never back here again =)Good job CmFtns!
thanks for the company all... now on to $250k
2017
Jan $97,244.89
Feb $103,330.77
I look forward to joining you there soon!
Post by: Rodgers12 on March 01, 2017, 07:01:19 AM
08/31/2015: $34,949
09/30/2015: $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
05/31/2016: $58,756
06/30/2016: $58,646
07/31/2016: $64,525
08/31/2016: $66,682
09/30/2016: $68,877
10/31/2016: $68,616
11/30/2016: $69,541
12/31/2016: $74,813
01/31/2017: $89,057 - Large Increase was due to purchasing a house and was gifted 9k in equity.
02/28/2017: $90,528
Post by: lamil on March 01, 2017, 07:38:18 AM
March 2016: 8152.00February 28th, 2017: $53,250
April 2016: 10915.00
Today(April 26th): $19516.00
May 31, 2016: $22,693
June 30, 2016: $27,496
July 31, 2016: $31,297
August 31, 2016: $34,286
September 30, 2016: $32,870 *new driveway
October 31, 2016: $36,980
November 30, 2016: $41,765
December 31st, 2016: $44,852
January 31st, 2017: $49,533
Post by: TheCastle on March 02, 2017, 07:58:00 AM
I'll join. Just recently started tracking my NW.
Jan 2017: $19,166.96
Feb 2017: $20,947.41
Hoping to crank up the savings soon! Next month might take a hit (new tires).
Mar 2017: $21,475.05
Bad month for us. $500+ in tires, $350 in unexpected medical, and $1000 check to the girl scouts for cookies (My daughter is selling and we have to buy them up front and we'll be reimbursed when we sell). Hopefully this month will really make up for February.
Post by: jed2009 on March 02, 2017, 01:03:38 PM
9/2014 - (-$16,300)
1/2015 - (-$13,000)
1/2016 - (-$284)
3/2017 - $31,380
Post by: rg422 on March 02, 2017, 02:03:25 PM
4/2015 - $7,000 total savings!! (we were living like there's no tomorrow, but new job matched 100% up to 6%, so this was our trigger to start saving)
12/2015 - $13,000
4/2016 - $25,000 (started maxing out my 401K)
12/2016 - $52,000
3/17 - $84,000
Starting 2017, my wife and I will be contributing max to our 401Ks, ROTH and HSA (me only) so we should, hopefully, accumulate pretty fast.
- Richard
Post by: Trifele on March 03, 2017, 04:34:08 AM
Post by: andy85 on March 03, 2017, 08:34:37 AM
| Jan 16 | $39,550 |
| Feb 16 | $41,468 |
| Mar 16 | $47,974 |
| Apr 16 | $51,484 |
| May 16 | $52,730 |
| Jun 16 | $53,694 |
| Jul 16 | $55,669 |
| Aug 16 | $56,725 |
| Sep 16 | $58,793 |
| Oct 16 | $58,748 |
| Nov 16 | $60,551 |
| Dec 16 | $61,253 |
| Jan 17 | $64,001 |
| Feb 17 | $66,905 |
Post by: Epor on March 03, 2017, 10:30:58 AM
My very first post:
(RothIra + 401k + Mutual Funds)
03/01/2017 - $58131
Post by: prickly_turing on March 04, 2017, 01:55:05 PM
Got a promotion and large raise (25 percent) in Q4 2017, discovered this forum, and decided to start saving deliberately. I've been formally tracking my net worth since January. This is emergency fund (cash in bank) plus retirement and non-retirement investments (no debts to account for).
Jan 1 2017 $53743
Feb 1 2017 $59995
Mar 1 2017 $65150
My goal is to reach 100k by November 1 2017.
Post by: Trifele on March 04, 2017, 02:52:39 PM
Post by: katthjul on March 05, 2017, 09:15:58 AM
EOY 2015: 16,728
EOY 2016: 41,467
Jan 2017: 42,037
Feb 2017: 45,956
Just realized I have not posted my progress since September.
Post by: Mezzie on March 05, 2017, 12:18:57 PM
Post by: felixbf on March 05, 2017, 10:36:47 PM
Dec 53,572.89
Jan 63,000.00
Finished all my debt off last year really helped increasing my savings ratio.
67,658.50
Post by: Epor on March 06, 2017, 10:53:21 AM
Welcome Eporedia and Prickly_Turing! 2017 is going to be one fine year . . .
I sure hope so. I want to get rid of some of my debt:
1. About 4k in hospital/clinic bills (My son tonsillectomy and then my girl fell and hit her chin). Insurance covered some, but between deductibles/etc I still have about 4k. I'm paying about 400/mo for now so they do not send me to collections (they do not charge any interest on this one).
2. Finish paying my car (mustache alert -> got the car used, after my 600$ car heating system died. I live in NW Wisconsin). I still owe 4900 on it, 3.49% interest.
Good news for the year:
1. Received a modest 3% increase that will be all applied to my 401k.
2. Small bonus coming - probably 2k. I plan to put 500 on kids 529 college + 500 on car payment and the rest on mutual funds.
Thank you for always keeping us honest!
Post by: monstermonster on March 06, 2017, 05:37:31 PM
4/1/2016: $10,624
5/1/2016: $14,504
6/31/2016: $18,193
7/30/2016: $19,296
8/30/2016: $21,334
10/23/2016: $18,326 <-- Quit job, started business
11/31/2016: $16,259
12/31/2016: $18,386
1/31/2017: $17,583
2/28/2017: $24,430
This thread was getting depressing for a bit for me as I started my business, but things are finally starting to look up. Starting a business is hard on the income for a bit :-/
Post by: BeautifulDay on March 06, 2017, 08:17:28 PM
This thread was getting depressing for a bit for me as I started my business, but things are finally starting to look up. Starting a business is hard on the income for a bit :-/
Glad to hear things are looking up, and after only a few months. I think that's great progress. I've enjoyed reading about your self employment adventure, but need to catch up after a break from the forum.
DH and I are planning to start our own self employ venture within the next year. Hopefully we will be as fortunate (hardworking) as you.
Post by: LurkerStache on March 07, 2017, 01:55:34 AM
Oct 2016: 54210.76
Nov 2016: 57821.07
Dec 2016: 59471.44
Jan 2017: 63,813.13
Feb 2017: 66,722.32
Post by: Trifele on March 07, 2017, 04:01:23 AM
@Eporedia -- shout out to Wisconsin! I lived there for many years. Just moved away last year.
Post by: Nederstash on March 08, 2017, 04:15:44 AM
Sep 15: 5775
Oct 15: 6964
Nov 15: 8551
Dec 15: 12085
Jan 16: 12700
Feb 16: 13691
Mar 16: 14818
Apr 16: 16220
May 16: 17510
Jun 16: 21149
Jul 16: 22024
Aug 16: 23325
Sep 16: 24285
Oct 16: 25400
Nov 16: 26932
Dec 16: 31121
Jan 17: 31444
Feb 17: 42849 (** finally checked my house value again, thus the extra 10k increase)
Mar 17: 43989
Was disappointed to see only 1140 increase... but then I remembered I also paid 840 in taxes last week.
Post by: BCpuppy on March 11, 2017, 12:42:00 PM
Starting now!March 41,627
Feb 2016 39,500
Post by: Slow&Steady on March 13, 2017, 09:15:17 AM
In my 20s I put something like 10% in and thought I was doing great (better than average), we also tackled 1 student loan, 2 car loans, credit card debt, and bought our 1st home (now a rental). For the last several years I have only been putting 6% (plus a company match) into the 401k, while we saved for a wedding, down payment on a house, started a family, went to 1 steady income and 1 self employed income, and are continuing the last student loan. We are still working on paying off my last student loan and building the self employed income but I am really hoping to hit $100k in the 401k sometime in 2018, if the self employed income starts taking off and we can contribute more to an IRA I will add that into the calculations too.
Dec 2013: $43,660
Dec 2014: $52,943
Dec 2015: $55,622
Dec 2016: $68,870
Feb 2017: $74,784
I did do a quick back of the envelope net worth calculation that included debt, primary and rental home value, and vehicle value and that put net worth around $150k, but since I don't regularly track that stuff I don't want to join the next group until the retirement accounts are above $100k.
Post by: rg422 on March 16, 2017, 10:14:42 AM
New member to the forum, but I'll join, considering only our investment/cash.
4/2015 - $7,000 total savings!! (we were living like there's no tomorrow, but new job matched 100% up to 6%, so this was our trigger to start saving)
12/2015 - $13,000
4/2016 - $25,000 (started maxing out my 401K)
12/2016 - $52,000
3/17 - $84,000
Starting 2017, my wife and I will be contributing max to our 401Ks, ROTH and HSA (me only) so we should, hopefully, accumulate pretty fast.
- Richard
3/16/17 - 95500. I was fortunate enough to receive a pretty decent (to me) bonus last week, plus the first 6% my company matched 100% into my 401K, so our number has risen quite a bit in a couple weeks time. Hoping we cross the 100K threshold next month. I'm pretty excited.
Stay the course, everyone!!
Post by: Trifele on March 16, 2017, 11:54:16 AM
Post by: MVal on March 17, 2017, 07:33:39 AM
We are champions!
Post by: starjay on March 17, 2017, 01:12:10 PM
I've only started tracking my net worth this year, so:
January 2017: $54,765.72
February 2017: $58,616.88
March 2017: $62,304.54
I've been digging myself out of CC and other consumer debt for the past few years, and will be completely out from under the credit cards by the fall equinox - and then I anticipate seeing these numbers really take off.
Post by: Trifele on March 18, 2017, 03:58:56 AM
Post by: BeautifulDay on March 25, 2017, 11:57:32 AM
Next month we buy a house. So I'll be sticking around this thread a bit longer. Just cool to see how much progress we've made in a year.
March 2016 $28,361.48
April 2016 $31,751.53
May 2016 $38,742.00
June 2016 $40,970.43
July 2016 $61,657.51 (added in my HSA of about 9k into Mint)
August 2016 $64,120.62
September 2016. $66,961.32
October 2016 $70,179.38
November 2016 $73,125.54
December 2016 $80,499.21
January 2017 $87,257.39
February 2017 $93,080.00
March 2017 $99,766.09
Post by: Overflow on March 27, 2017, 08:29:17 AM
One year of tracking with Mint. Started at about $37,300 (including HSA). Now I am just short of $100k.
Next month we buy a house. So I'll be sticking around this thread a bit longer. Just cool to see how much progress we've made in a year.
March 2016 $28,361.48
April 2016 $31,751.53
May 2016 $38,742.00
June 2016 $40,970.43
July 2016 $61,657.51 (added in my HSA of about 9k into Mint)
August 2016 $64,120.62
September 2016. $66,961.32
October 2016 $70,179.38
November 2016 $73,125.54
December 2016 $80,499.21
January 2017 $87,257.39
February 2017 $93,080.00
March 2017 $99,766.09
Wow, great work BeautifulDay! You made some big jumps in there.
I added my NW to my sig line, but I wanted to participate in this journal as well. We have some big expenses coming up in the next month or two (repairs/improvements around the house), so it will take a little step back.
Might be hanging out in this thread for a while.
Post by: NickleNurser on March 28, 2017, 07:46:39 PM
18,990 Feb
21,803 Mar
34,510 April
37,172 May
40,277 June
47,027 July
47,772 Aug
51,071 Sept
53,397 Oct
59,326 Nov
64,142 Dec
69,685 January 2017
71,722 Feb
75,795 Mar
Post by: felixbf on March 28, 2017, 10:40:17 PM
Dec 53,572.89
Jan 63,000.00
Finished all my debt off last year really helped increasing my savings ratio.
67,658.50
77,011 March
Post by: Trifele on March 29, 2017, 03:18:11 AM
19,799 Jan 2016
18,990 Feb
21,803 Mar
34,510 April
37,172 May
40,277 June
47,027 July
47,772 Aug
51,071 Sept
53,397 Oct
59,326 Nov
64,142 Dec
69,685 January 2017
71,722 Feb
75,795 Mar
Wow NickleNurser -- nice progress. You have the pedal to the metal!
Post by: dogboyslim on March 30, 2017, 07:44:47 AM
03/2016: $20,818
04/2016: $23,784
05/2016: $26,650
06/2016: $28,769
07/2016: $32,015
08/2016: $34,808
09/2016: $37,342
10/2016: $39,883
11/2016: $41,720
12/2016: $44,979
01/2017: $56,197
02/2017: $59,598
03/2017: $94,135
04/2017: $96,711
So close, and yet so far. Looking like I'll graduate sometime in late May/Early June.
Post by: Pooperman on March 31, 2017, 05:49:40 AM
| Date | Networth |
| 9/1/2014 | $14,865.26 |
| 10/1/2014 | $17,982.66 |
| 11/1/2014 | $17,949.24 |
| 12/1/2014 | $19,967.23 |
| 1/1/2015 | $25,504.84 |
| 2/1/2015 | $28,305.81 |
| 3/1/2015 | $30,322.90 |
| 4/1/2015 | $33,248.29 |
| 5/1/2015 | $34,786.85 |
| 6/1/2015 | $36,579.20 |
| 7/1/2015 | $33,108.30 |
| 8/1/2015 | $35,569.17 |
| 9/1/2015 | $37,759.70 |
| 10/1/2015 | $41,566.54 |
| 11/1/2015 | $53,256.44 |
| 12/1/2015 | $55,006.39 |
| 1/1/2016 | $57,428.23 |
| 2/1/2016 | $49,870.20 |
| 3/1/2016 | $51,558.33 |
| 4/1/2016 | $57,205.08 |
| 5/1/2016 | $61,094.49 |
| 6/1/2016 | $62,583.92 |
| 7/1/2016 | $63,773.08 |
| 8/1/2016 | $61,092.88 |
| 9/1/2016 | $57,409.45 |
| 10/1/2016 | $61,749.82 |
| 11/1/2016 | $61,600.48 |
| 12/1/2016 | $64,511.60 |
| 1/1/2017 | $70,030.75 |
| 2/1/2017 | $72,661.12 |
| 3/1/2017 | $78,557.23 |
| 4/1/2017 | $95,995.00 |
Like dogboy, I'll be going to the next group in the next couple of months.
Post by: lamil on March 31, 2017, 07:34:46 AM
March 2016: 8152.00March 31st, 2017: $71,742
April 2016: 10915.00
Today(April 26th): $19516.00
May 31, 2016: $22,693
June 30, 2016: $27,496
July 31, 2016: $31,297
August 31, 2016: $34,286
September 30, 2016: $32,870 *new driveway
October 31, 2016: $36,980
November 30, 2016: $41,765
December 31st, 2016: $44,852
January 31st, 2017: $49,533
February 28th, 2017: $53,250
Post by: merlin7676 on March 31, 2017, 07:59:46 AM
I'm happy to say I'm almost ready to join the next group. Just a few more months (unless the market tanks).
As always I didn't include the value of my house since I don't consider it a asset until I'm ready to sell it.
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
05/31/16 $64,177.27
06/30/16 $65,348.17
07/31/16 $69,790.01
08/31/16 $70,534.23
09/30/16 $73,742.76
10/31/16 $74,282.52
11/30/16 $77,284.23
12/31/16 $80,583.50
01/31/17 $84,085.00
02/28/17 $88,359.35
03/31/17 $93,079.53
Post by: Wanttobehome on March 31, 2017, 09:24:57 AM
Dec 2016 19,091+1,425= 20,516
Jan 2017 19,586+1590= 21,176
Feb 2017 20,081+1673=21,754
Mar 2017 20,576+1828=22404
Still going up
Post by: beantown on March 31, 2017, 09:43:41 AM
Jan 2017: $21.8K
Feb 2017: $28.8K
Mar 2017: $35.1K
Post by: frugalwitch on March 31, 2017, 11:16:44 AM
Post by: Trifele on April 01, 2017, 06:22:45 AM
Belated congratulations to CmFtns for crossing the $100k mark. Well done!
Looks like there will be a bunch more graduations and celebrations within the next month or two:
- Beautiful Day
- RG422
- MVal
- dogboyslim
- Pooperman
- Merlin7676
Be sure to let us know when you cross the mark! Anyone else getting close?
And we have a bunch of other folks in the $60 - $80k range, as well as new folks just making it into the 20s. Nice job everyone.
Post by: AcftW on April 01, 2017, 07:39:09 AM
$43,153 - Jan 2016
$47,634 - Feb 2016
$50,404 - Mar 2016
$53,733 - Apr 2016
$54,717 - May 2016
$55,014 - Jun 2016
$59,924 - Jul 2016
$55,527 - Aug 2016
$61,117 - Sep 2016
$64,384 - Oct 2016
$56,780 - Nov 2016
$58,510 - Dec 2016
$67,328 - Jan 2017
$73,827 - Feb 2017
$79,021 - Mar 2017
$81,435 - Apr 2017
Going to be a bit dry the next month or so. Still on track for 100k by October though!
Post by: Rodgers12 on April 01, 2017, 08:01:35 AM
08/31/2015: $34,949
09/30/2015: $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
05/31/2016: $58,756
06/30/2016: $58,646
07/31/2016: $64,525
08/31/2016: $66,682
09/30/2016: $68,877
10/31/2016: $68,616
11/30/2016: $69,541
12/31/2016: $74,813
01/31/2017: $89,057 - Large Increase was due to purchasing a house and was gifted 9k in equity.
02/28/2017: $90,528
03/31/2017: $97,483
Getting so close to graduating! Projecting for May if the markets stay kind and my house improvements don't go over budget in April. Fingers crossed!
Post by: Mezzie on April 01, 2017, 11:04:43 AM
1/1/2017: 39,4094/1/2017: 72,455
2/3/2017: 55,570
3/3/2017: 58,000
This included a rather large tax return.
Post by: katthjul on April 02, 2017, 04:09:25 AM
EOY 2015: 16,728
EOY 2016: 41,467
Jan 2017: 42,037
Feb 2017: 45,956
Mar 2017: 48,399
Just realized that the market could drop 50% and I would still have enough left to pay off all my debts.
Post by: prickly_turing on April 02, 2017, 11:34:33 AM
Feb 1 2017 $59995
Mar 1 2017 $65150
Apr 1 2017 $70592
In March I had a higher savings rate, but the market was less exciting than it had been earlier in the year. Net result is pretty linear month over month. Currently on track / slightly ahead of schedule for my goal.
Post by: Bart1ma3u5 on April 02, 2017, 01:36:14 PM
Happy weekend everyone! Great to see your end of month numbers.
Belated congratulations to CmFtns for crossing the $100k mark. Well done!
Looks like there will be a bunch more graduations and celebrations within the next month or two:
- Beautiful Day
- RG422
- MVal
- dogboyslim
- Pooperman
- Merlin7676
Be sure to let us know when you cross the mark! Anyone else getting close?
And we have a bunch of other folks in the $60 - $80k range, as well as new folks just making it into the 20s. Nice job everyone.
I am getting close! I have been updating the spreadsheet since the beginning, but have not posted on this thread in awhile! I can't believe I'm almost there! Hopefully participating in Uber Frugal April and a good May as well will get me over the edge in the next two months!
7/1/2014 $(5,000.00)
8/1/2014 $(4,172.00)
9/1/2014 $(1,028.00)
10/1/2014 $27.00
11/1/2014 $1,499.00
12/1/2014 $3,965.00
1/1/2015 $6,200.00
2/1/2015 $9,608.00
3/1/2015 $13,460.00
4/1/2015 $13,621.00
5/1/2015 $16,002.00
6/1/2015 $18,752.00
7/1/2015 $16,873.00
8/1/2015 $27,693.00
9/1/2015 $28,364.00
10/1/2015 $31,000.00
11/1/2015 $36,549.00
12/1/2015 $38,978.00
1/1/2016 $45,436.00
2/1/2016 $44,712.00
3/1/2016 $47,800.00
4/1/2016 $53,205.00
5/1/2016 $57,500.00
6/1/2016 $57,100.00
7/1/2016 $59,000.00
8/1/2016 $60,000.00
9/1/2016 $63,288.00
10/1/2016 $64,200.00
11/1/2016 $66,165.76
12/1/2016 $69,165.00
1/1/2017 $77,441.00
2/1/2017 $80,546.00
3/1/2017 $86,211.00
4/1/2017 $91,562.00
Post by: Trifele on April 02, 2017, 05:22:33 PM
Happy weekend everyone! Great to see your end of month numbers.
Belated congratulations to CmFtns for crossing the $100k mark. Well done!
Looks like there will be a bunch more graduations and celebrations within the next month or two:
- Beautiful Day
- RG422
- MVal
- dogboyslim
- Pooperman
- Merlin7676
- Rodgers12
- Bart1Ma3u5
Be sure to let us know when you cross the mark! Anyone else getting close?
And we have a bunch of other folks in the $60 - $80k range, as well as new folks just making it into the 20s. Nice job everyone.
Edited to add Rodgers12 and Bart1Ma3u5 to the crew of people getting close. Big celebrations ahead!
Post by: Epor on April 03, 2017, 08:12:01 AM
3/1/2017 58135.00
4/1/2017 60236.00
Post by: TheCastle on April 03, 2017, 08:26:28 AM
Feb 17: $20,947.41
Mar 17: $21,475.05
April 17: $27,876.31
Post by: edmundblackadder on April 03, 2017, 09:28:30 AM
101K total net worth with my last 403b contribution! Yes I *am* feeling very pleased with myself, why do you ask?
Post by: Trifele on April 03, 2017, 09:41:10 AM
Awesome job Edmund !!!!!!!!!!
Post by: Epor on April 03, 2017, 10:05:03 AM
DING DING DING.
101K total net worth with my last 403b contribution! Yes I *am* feeling very pleased with myself, why do you ask?
Congrats! Hopefully we will join you soon on the next race!
Post by: starjay on April 03, 2017, 12:55:54 PM
DING DING DING.
101K total net worth with my last 403b contribution! Yes I *am* feeling very pleased with myself, why do you ask?
Congrats!
Post by: Bart1ma3u5 on April 04, 2017, 05:49:09 AM
DING DING DING.
101K total net worth with my last 403b contribution! Yes I *am* feeling very pleased with myself, why do you ask?
Good work! See you in the next race soon!
Post by: SarkastikNinja on April 04, 2017, 08:06:54 AM
15-01-31 : -12,050.05
15-02-28 : -9,013.04
15-03-31 : -8,373.63
15-04-30 : 3,957.65
15-05-31 : 6,155.15
15-06-30 : 4,161.27
15-07-31 : 9,940.39
15-08-31 : 11,086.93
15-09-30 : 13,411.39
15-10-31 : 21,753.13
15-11-30 : 23,540.19
15-12-31 : 25,039.14
16-01-31 : 31,418.13
16-02-29 : 33,247.02
16-03-31 : 37,241.82
16-04-30 : 47,305.81
16-05-31 : 47,145.83
16-06-30 : 46,076.20
16-07-31 : 47,098.02
16-08-31 : 46,307.45
16-09-30 : 48,762.90
16-10-31 : 50,601.65
16-11-30 : 52,677.91
16-12-31 : 57,227.20
17-01-31 : 58,540.40
17-02-28 : 64,183.38
17-03-31 : 75,197.12
Post by: GeekyGirl on April 04, 2017, 08:41:29 AM
Feb 06, 2017: 16,720
Apr 04, 2017: 23,400
Bonus was OKish.
Post by: Nederstash on April 06, 2017, 04:03:36 AM
Sep 15: 5775
Oct 15: 6964
Nov 15: 8551
Dec 15: 12085
Jan 16: 12700
Feb 16: 13691
Mar 16: 14818
Apr 16: 16220
May 16: 17510
Jun 16: 21149
Jul 16: 22024
Aug 16: 23325
Sep 16: 24285
Oct 16: 25400
Nov 16: 26932
Dec 16: 31121
Jan 17: 31444
Feb 17: 42849
Mar 17: 43989
Apr 17: 45143
Whoa this kinda snuck up on me but I remembered I had the 45k mark set for August and I remember thinking that was a stretch... so happy to see I've crossed that line! 100k mark in two years..?
Post by: recklesslysober on April 06, 2017, 11:20:34 AM
Post by: Slow&Steady on April 11, 2017, 01:42:13 PM
I only really track my 401k balance (at end of month) and only for the last couple years.
In my 20s I put something like 10% in and thought I was doing great (better than average), we also tackled 1 student loan, 2 car loans, credit card debt, and bought our 1st home (now a rental). For the last several years I have only been putting 6% (plus a company match) into the 401k, while we saved for a wedding, down payment on a house, started a family, went to 1 steady income and 1 self employed income, and are continuing the last student loan. We are still working on paying off my last student loan and building the self employed income but I am really hoping to hit $100k in the 401k sometime in 2018, if the self employed income starts taking off and we can contribute more to an IRA I will add that into the calculations too.
Dec 2013: $43,660
Dec 2014: $52,943
Dec 2015: $55,622
Dec 2016: $68,870
Feb 2017: $74,784
I did do a quick back of the envelope net worth calculation that included debt, primary and rental home value, and vehicle value and that put net worth around $150k, but since I don't regularly track that stuff I don't want to join the next group until the retirement accounts are above $100k.
Seeing some of these monthly increases is very eye opening. Some of you add more to your net worth every month than our entire monthly income!
We are still focusing on debt pay-off and will probably not add to the IRA again until tax time next year. I did want to get it to a $ amount that it can actually be invested so we bumped it up to $1000.
401K IRA Total
Dec 2013: $43,660 $0 $43,660
Dec 2014: $52,943 $0 $52,943
Dec 2015: $55,622 $0 $55,622
Dec 2016: $68,870 $700 $69,570
Feb 2017: $74,784 $700 $75,484
4/11/17: $76,834 $1002 $77,836
Post by: Trifele on April 11, 2017, 04:47:58 PM
Hi everyone, first time posting. Just found MMM in the last 2 months. To cut costs the company I work for reduced salaries by 20% from April - August last year. As you can tell, I did not adjust my spending and my savings in 2016 suffered. They will be doing that again this year and I'm hoping posting here will help motivate me to really cut my spending during these reduced salary months! I also have the benefit this year of having discovered Mustachianism, so hopefully I will make some nice progress.
15-01-31 : -12,050.05
15-02-28 : -9,013.04
15-03-31 : -8,373.63
15-04-30 : 3,957.65
15-05-31 : 6,155.15
15-06-30 : 4,161.27
15-07-31 : 9,940.39
15-08-31 : 11,086.93
15-09-30 : 13,411.39
15-10-31 : 21,753.13
15-11-30 : 23,540.19
15-12-31 : 25,039.14
16-01-31 : 31,418.13
16-02-29 : 33,247.02
16-03-31 : 37,241.82
16-04-30 : 47,305.81
16-05-31 : 47,145.83
16-06-30 : 46,076.20
16-07-31 : 47,098.02
16-08-31 : 46,307.45
16-09-30 : 48,762.90
16-10-31 : 50,601.65
16-11-30 : 52,677.91
16-12-31 : 57,227.20
17-01-31 : 58,540.40
17-02-28 : 64,183.38
17-03-31 : 75,197.12
Welcome Unlikelycrotchgardener! That is quite a username. Afraid to ask if there's a story there.
You've made some great progress since the beginning of '15. Way to hang in there when the income took a hit.
Post by: starjay on April 13, 2017, 12:25:15 PM
Hi folks, I'm new to the boards, though I've been lurking for a month or so, and thought I'd jump into this thread (I'll go introduce myself in the welcome thread, too). Nice to meet y'all!
I've only started tracking my net worth this year, so:
January 2017: $54,765.72
February 2017: $58,616.88
March 2017: $62,304.54
I've been digging myself out of CC and other consumer debt for the past few years, and will be completely out from under the credit cards by the fall equinox - and then I anticipate seeing these numbers really take off.
April 2017: $63,589.66
Small progress, but progress nonetheless.
Post by: Cezilous on April 14, 2017, 07:17:13 AM
Mar-17: $42,371.10
I can't wait to get over 50K!
Post by: SingleMomDebt on April 17, 2017, 11:09:47 AM
Post by: Pooperman on April 17, 2017, 11:24:43 AM
Just hit $41 over 50K NW yesterday (with a little force). :)
Hooray for 50k!
Post by: SingleMomDebt on April 17, 2017, 01:10:46 PM
Just hit $41 over 50K NW yesterday (with a little force). :)
Hooray for 50k!
Thx! :)
Post by: briesas on April 17, 2017, 07:10:37 PM
I want to play!
State pension (only the part I can roll over if I leave) = 21000
IRA= 2517.56
457 = 9459.79
Savings = 4780.78
Total = 37581.13
Student loans = 27,073.54
NW = 10684.59
State pension (only the part I can roll over if I leave) = 29,991
IRA= 2600
457 = 9738
Savings = 3175
Total = 45,504
Student loans = 22,343
NW = 23161
Post by: Trifele on April 18, 2017, 04:46:11 AM
I want to play!
State pension (only the part I can roll over if I leave) = 21000
IRA= 2517.56
457 = 9459.79
Savings = 4780.78
Total = 37581.13
Student loans = 27,073.54
NW = 10684.59
State pension (only the part I can roll over if I leave) = 29,991
IRA= 2600
457 = 9738
Savings = 3175
Total = 45,504
Student loans = 22,343
NW = 23161
Great progress Briesas! You're on fire!
Post by: Wanttobehome on April 19, 2017, 10:14:26 AM
Dec 2016 19,091+1,425 = 20,516
Jan 2017 19,586+1590 = 21,176
Feb 2017 20,081+1,673 = 21,754
Mar 2017 20,576+1,828 = 22404
Apr 2017 21,071+1,890+2300 =25,261
A quarter of the way there
Post by: mustache you a question on April 19, 2017, 11:29:38 AM
Jan 2017 - 9,926
Feb 2017 - 15,869
March 2017 - 21,618
April 2017 - 22,738
Post by: starjay on April 19, 2017, 11:44:15 AM
I'd like to jump in this. Totals are for my wife and I. Aggressively paying down student loan debt has helped...
Jan 2017 - 9,926
Feb 2017 - 15,869
March 2017 - 21,618
April 2017 - 22,738
Great progress!
Post by: MVal on April 19, 2017, 12:07:27 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...!)
Jan 2017 - $87,000 (so far two paychecks front-loaded to 401K at 80%)
Crossed $90K just now, yay!
$95,500 as of today. Still hoping to graduate this level by June, with any luck.
Post by: ingrownstudentloans on April 19, 2017, 03:18:43 PM
February 2017: 12,032.52 - bonus plus tax return (married in late 2016 but had been withholding as single for most of the year) plus adding some accounts to Mint
March 2017: 15,032.52
April 2017: 20,214.77
Let's go!
Post by: Trifele on April 19, 2017, 03:59:54 PM
Post by: ingrownstudentloans on April 19, 2017, 04:29:15 PM
Nice progress, Ingrown! Love your username.
Thanks, Trifele...i think ;)
law school loans + wife's grad school (education) loans started us $195K ish behind the 8-ball in 2011. A couple cross-country moves and job changes have forced us to pause above required debt payoff/retirement account funding at times, but we are settled now and ready to crush debt/stash hardcore. We are shooting for debt principle payoff and stashing of at least $5,600 a month from here on (written down and published to the world for accountability).
Post by: Gardo on April 19, 2017, 08:21:23 PM
But I skidded down to 99K as of today and looks going dimmer by midnight's balance refresh.
So joining this race instead as the market sorts things out for awhile.
Current Balance : $99K
Post by: Trifele on April 20, 2017, 03:38:36 AM
Nice progress, Ingrown! Love your username.
Thanks, Trifele...i think ;)
law school loans + wife's grad school (education) loans started us $195K ish behind the 8-ball in 2011. A couple cross-country moves and job changes have forced us to pause above required debt payoff/retirement account funding at times, but we are settled now and ready to crush debt/stash hardcore. We are shooting for debt principle payoff and stashing of at least $5,600 a month from here on (written down and published to the world for accountability).
It was about the same for us -- one law school + one grad school = ~$140k in the hole to start. Plus I started off in public interest law making almost nothing. You will get there, faster than you think.
Post by: Trifele on April 20, 2017, 03:45:49 AM
I posted in the 100K to 250K race since I was almost 100K at the time. That was end-March.
But I skidded down to 99K as of today and looks going dimmer by midnight's balance refresh.
So joining this race instead as the market sorts things out for awhile.
Current Balance : $99K
Hi Gardo. Someone over in the 'Race to 10k' thread was asking about you, wondering how things were going. And the answer is -- you are kicking ASS!!! Guess you graduated and slipped out of there without much fanfare. And here you are ready to move on. Well done!
Post by: MVal on April 20, 2017, 10:50:38 AM
What numbers are you all posting in this thread? I've been thinking about joining one of these threads, but not sure which one...
My networth is $103k, so just over the limit.
But my retirement assets are only $72k, safely within the limits.
And I just reached my emergency fund goal of $10k. But not too long ago, it was below $10k, and I guess too low for this thread.
Anyway, what number are you all posting?
I am going off my total NW, which I'm sure most here are. I'm at about $80K invested, but over $95K total NW.
Post by: PhoenixHeat on April 22, 2017, 03:25:54 PM
HSA, 401k, company stock, backup cash, 529s, everything, as of today..
$39K
Post by: monstermonster on April 24, 2017, 03:54:37 PM
4/1/2016: $10,624
5/1/2016: $14,504
6/31/2016: $18,193
7/30/2016: $19,296
8/30/2016: $21,334
10/23/2016: $18,326 <-- Quit job, started business
11/31/2016: $16,259
12/31/2016: $18,386
1/31/2017: $17,583
2/28/2017: $24,430
3/31/2017: $23,243
4/30/2017: $24,023 (but with multiple pending biz expenses)
Post by: dreadmoose on April 26, 2017, 02:44:08 PM
Seeing as I'll almost be at 10K next friday I figured I'd avoid the single post in the sub 10K thread.
2016-10-01 $51,413
2016-11-01 -$25,621*
2016-12-01 -$25,405
2017-01-01 -$25,189
2017-02-01 -$24,977
2017-03-01 -$21,759
2017-04-01 -$15,838 [Quit Job - Started Consulting Business]
2017-05-01 $7,477
*I foolishly bought a condo (at least it's walkable to work) before getting serious about FIRE and don't count it in my net worth calculation (as hard as that is to watch the 75K hit - it is real).
Student Debts are at 2.7% so min payments only, and my house is at 2.19% (Canada) so it's all Questrade ETF investing from here, budget alots for $2122 biweekly (to hold myself accountable).
Post by: Trifele on April 26, 2017, 03:55:29 PM
First post, I really like the concept of solidifying this and don't have much encouragement on the FI/RE side from the DW or friends yet.
Seeing as I'll almost be at 10K next friday I figured I'd avoid the single post in the sub 10K thread.
2016-10-01 $51,413
2016-11-01 -$25,621*
2016-12-01 -$25,405
2017-01-01 -$25,189
2017-02-01 -$24,977
2017-03-01 -$21,759
2017-04-01 -$15,838 [Quit Job - Started Consulting Business]
2017-05-01 $7,477
*I foolishly bought a condo (at least it's walkable to work) before getting serious about FIRE and don't count it in my net worth calculation (as hard as that is to watch the 75K hit - it is real).
Student Debts are at 2.7% so min payments only, and my house is at 2.19% (Canada) so it's all Questrade ETF investing from here, budget alots for $2122 biweekly (to hold myself accountable).
Welcome Dreadmoose! Nice monthly progress numbers
Post by: Pooperman on April 26, 2017, 05:38:10 PM
I foolishly bought a condo (at least it's walkable to work) before getting serious about FIRE and don't count it in my net worth calculation (as hard as that is to watch the 75K hit - it is real).
Condo has value, so you should include it unless you're just doing invested assets. I'd say either include both (mortgage and condo value) no exclude both.
Post by: dreadmoose on April 27, 2017, 12:26:53 AM
I was just doing invested amounts over debts, as that's my liquid net worth. Condo is worth 509K and the mortgage is at 403K, with other assets being debt free (motorcycle / truck) but also not included. Figured a case study is in order in due time to deal with all of that..
Sent from my STV100-3 using Tapatalk
Post by: jeeebus on April 27, 2017, 02:54:00 AM
Nov 2016 - $24,044.76
Dec 2016 - $25,106.17
Jan 2017 - $27,207.71
Feb 2017 - $28,062.31
Apr 2017 - $35,612.95
Post by: Trifele on April 27, 2017, 03:28:10 AM
Oct 2016 - $21,326.78
Nov 2016 - $24,044.76
Dec 2016 - $25,106.17
Jan 2017 - $27,207.71
Feb 2017 - $28,062.31
Apr 2017 - $35,612.95
You've got some nice monthly progress going there Jeeebus. You're in the phase where if you "set it and forget it", and then increase the savings where/when you can, you will be there before you know it!
Post by: felixbf on April 27, 2017, 11:15:01 PM
Dec 53,572.89
Jan 63,000.00
Finished all my debt off last year really helped increasing my savings ratio.
67,658.50
77,011 March
88,503.17
Post by: Pooperman on April 28, 2017, 05:45:47 AM
| Date | Networth |
| 9/1/2014 | $14,865.26 |
| 10/1/2014 | $17,982.66 |
| 11/1/2014 | $17,949.24 |
| 12/1/2014 | $19,967.23 |
| 1/1/2015 | $25,504.84 |
| 2/1/2015 | $28,305.81 |
| 3/1/2015 | $30,322.90 |
| 4/1/2015 | $33,248.29 |
| 5/1/2015 | $34,786.85 |
| 6/1/2015 | $36,579.20 |
| 7/1/2015 | $33,108.30 |
| 8/1/2015 | $35,569.17 |
| 9/1/2015 | $37,759.70 |
| 10/1/2015 | $41,566.54 |
| 11/1/2015 | $53,256.44 |
| 12/1/2015 | $55,006.39 |
| 1/1/2016 | $57,428.23 |
| 2/1/2016 | $49,870.20 |
| 3/1/2016 | $51,558.33 |
| 4/1/2016 | $57,205.08 |
| 5/1/2016 | $61,094.49 |
| 6/1/2016 | $62,583.92 |
| 7/1/2016 | $63,773.08 |
| 8/1/2016 | $61,092.88 |
| 9/1/2016 | $57,409.45 |
| 10/1/2016 | $61,749.82 |
| 11/1/2016 | $61,600.48 |
| 12/1/2016 | $64,511.60 |
| 1/1/2017 | $70,030.75 |
| 2/1/2017 | $72,661.12 |
| 3/1/2017 | $78,557.23 |
| 4/1/2017 | $95,995.00 |
| 5/1/2017 | $98,922.26 |
Post by: lamil on April 28, 2017, 07:17:25 AM
Date Networth 5/1/2017 $98,922.26
close!
edit- any plans to make sure you hit that 100 this month? As I get closer, I'm trying to figure out even more ways to speed it up.
Post by: lamil on April 28, 2017, 07:23:16 AM
March 2016: 8152.00April 28th, 2017: $75,857
April 2016: 10915.00
Today(April 26th): $19516.00
May 31, 2016: $22,693
June 30, 2016: $27,496
July 31, 2016: $31,297
August 31, 2016: $34,286
September 30, 2016: $32,870 *new driveway
October 31, 2016: $36,980
November 30, 2016: $41,765
December 31st, 2016: $44,852
January 31st, 2017: $49,533
February 28th, 2017: $53,250
March 31st, 2017: $71,742
Post by: Pooperman on April 28, 2017, 07:42:55 AM
Date Networth 5/1/2017 $98,922.26
close!
edit- any plans to make sure you hit that 100 this month? As I get closer, I'm trying to figure out even more ways to speed it up.
We'll hit 100k next month unless the market completely craps out or some emergency happens. It's not a rush, though. 3 years ain't too shabby. You'll do it in about half that time.
Post by: dogboyslim on April 28, 2017, 07:54:01 AM
04/2016: $23,784
05/2016: $26,650
06/2016: $28,769
07/2016: $32,015
08/2016: $34,808
09/2016: $37,342
10/2016: $39,883
11/2016: $41,720
12/2016: $44,979
01/2017: $56,197
02/2017: $59,598
03/2017: $94,135
04/2017: $96,711
05/2017: $100,313
Yeah! I'm not positive this will hold if the markets dip at all today, but I'll take it and keep going. On to 250!
Post by: starjay on April 28, 2017, 08:54:48 AM
03/2016: $20,818
04/2016: $23,784
05/2016: $26,650
06/2016: $28,769
07/2016: $32,015
08/2016: $34,808
09/2016: $37,342
10/2016: $39,883
11/2016: $41,720
12/2016: $44,979
01/2017: $56,197
02/2017: $59,598
03/2017: $94,135
04/2017: $96,711
05/2017: $100,313
Yeah! I'm not positive this will hold if the markets dip at all today, but I'll take it and keep going. On to 250!
Whoo-hoo! Congrats on graduating to the next thread. :)
Post by: jerryricefumbled on April 28, 2017, 09:08:43 AM
Post by: mustache you a question on April 28, 2017, 10:27:05 AM
Jan 2017 - 9,926
Feb 2017 - 15,869
March 2017 - 21,618
April 2017 - 22,738
May 2017 - 29,255
Post by: Trifele on April 28, 2017, 11:27:52 AM
03/2016: $20,818
04/2016: $23,784
05/2016: $26,650
06/2016: $28,769
07/2016: $32,015
08/2016: $34,808
09/2016: $37,342
10/2016: $39,883
11/2016: $41,720
12/2016: $44,979
01/2017: $56,197
02/2017: $59,598
03/2017: $94,135
04/2017: $96,711
05/2017: $100,313
Yeah! I'm not positive this will hold if the markets dip at all today, but I'll take it and keep going. On to 250!
Whoo-hoo! Congrats on graduating to the next thread. :)
Congrats Dogboy!!!
Post by: BeautifulDay on April 29, 2017, 07:52:36 AM
Mar 2016 $28,361
Apr 2016 $31,751
May 2016 $38,742
Jun 2016 $40,970
Jul 2016 $61,657 (added my HSA of about 9k into Mint)
Aug 2016 $64,120
Sep 2016 $66,961
Oct 2016 $70,179
Nov 2016 $73,125
Dec 2016 $80,499
Jan 2017 $87,257
Feb 2017 $93,080
Mar 2017 $99,766
Apr 2017 $97,334
Didn't lose as much ground as I thought we might with buying our house. So it looks like we might graduate to the next thread in May if the market cooperates.
And Congrats Dogboy... I'm right behind ya
Post by: Mezzie on April 29, 2017, 08:15:08 AM