The Money Mustache Community

General Discussion => Throw Down the Gauntlet => Topic started by: isaacfcb1 on June 09, 2014, 10:50:28 PM

Title: Race from 10 to 100k!!
Post by: isaacfcb1 on June 09, 2014, 10:50:28 PM
Who else is currently under 10k and is willing to track with each other to 100k. Partners in the race of sorts :) all friendly of course but hey a little competition never hurt anybody!

https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?usp=sharing
Title: Re: Race from 10 too 100k!!
Post by: Tieke on June 10, 2014, 03:41:13 AM
Hey, great idea!  I wouldn't mind taking a shot at that.
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!
Title: Re: Race from 10 too 100k!!
Post by: dusty on June 13, 2014, 06:56:59 PM
Sounds good, a yardstick to measure by and keep myself motivated.

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
Title: Re: Race from 10 too 100k!!
Post by: Thegoblinchief on June 13, 2014, 07:14:44 PM
-15K at last check but I'll hop in :)
Title: Re: Race from 10 too 100k!!
Post by: isaacfcb1 on June 14, 2014, 12:02:45 PM
Awesome! Just check in every now and again when you so please and update us and tell us more about your specific situation! I'm 19 years old in the American military and current net worth is about $8,000 I try to save about 80% of every paycheck and throw it all into my Vanguard index fund!!!I know it's against some beliefs but I like risk taking to I have $1,000 in silver as well since its near an all time low. My goal to FIRE is age 30! What's your goals??? good luck to everyone and keep us posted!!! :)
Title: Re: Race from 10 too 100k!!
Post by: Suit on June 14, 2014, 01:16:53 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.
Title: Re: Race from 10 too 100k!!
Post by: Runge on June 14, 2014, 02:59:18 PM
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?
Title: Re: Race from 10 too 100k!!
Post by: isaacfcb1 on June 14, 2014, 06:24:25 PM
Just go ahead and post a new one whenever you achieve a small goal or just want to update!
Title: Re: Race from 10 too 100k!!
Post by: Middlesbrough on June 15, 2014, 12:24:13 AM
I shall join in. Last time I checked, I was at 5k. It will take me about 3-4 years at my current income/savings rate, though. That is a long competition...

Title: Re: Race from 10 too 100k!!
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
Title: Re: Race from 10 too 100k!!
Post by: Stachesquatch on June 15, 2014, 12:12:18 PM
This is a fun forum to check in to, I am not 'in the game' because already somewhere past the goal.

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!
Title: Re: Race from 10 too 100k!!
Post by: Suit on June 15, 2014, 12:33:01 PM
It seems like it could be handicapped by having the race be to see who could add 100K to their stash first but that sounds like a different gauntlet…(and even that one would have to be handicapped because people with large investments already would have a leg up).
Title: Re: Race from 10 too 100k!!
Post by: fidgiegirl on June 15, 2014, 12:52:36 PM
Talking net worth?
Title: Re: Race from 10 too 100k!!
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 :)
Title: Re: Race from 10 too 100k!!
Post by: SpareChange on June 24, 2014, 11:31:00 AM
I'm in! I think my net financial worth is around $12-13k. Good motivation. I'll try to update at the end of every month!
Title: Re: Race from 10 too 100k!!
Post by: Mazzinator on June 25, 2014, 01:03:36 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!!!
Title: Re: Race from 10 too 100k!!
Post by: Frugal Father on June 25, 2014, 11:57:37 AM
My wife and I are at about $14K. I have a feeling we'll get crushed in this race, but it'll be great encouragement for us to see how fast everyone gets there.
Title: Re: Race from 10 too 100k!!
Post by: Stachesquatch on June 25, 2014, 03:11:47 PM
Frugal Father go for it!

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.
Title: Re: Race from 10 too 100k!!
Post by: viverl on June 26, 2014, 05:22:00 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.
Title: Re: Race from 10 too 100k!!
Post by: Bart1ma3u5 on June 30, 2014, 09:19:47 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)
Title: Re: Race from 10 too 100k!!
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. ;)
Title: Re: Race from 10 too 100k!!
Post by: Runge on June 30, 2014, 08:48:04 PM
Well, with it being the end of the quarter and all, I think it's a good time to post my numbers. Yes, I realize I've already posted...but this'll be the first hard number. :D

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!
Title: Re: Race from 10 too 100k!!
Post by: Middlesbrough on June 30, 2014, 09:11:46 PM
Official End of June Number:

$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! 
Title: Re: Race from 10 too 100k!!
Post by: SpareChange on June 30, 2014, 11:27:15 PM
First official number...for end of June:

$11,962.93

Looong ways to go!
Title: Re: Race from 10 too 100k!!
Post by: Lord Cashmoney on July 01, 2014, 12:20:35 AM
*Sounds of trumpets!*
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! :)
Title: Re: Race from 10 too 100k!!
Post by: Tieke on July 01, 2014, 03:28:21 AM
Yay, I love how this already feels like progress - maybe we can all do a combined count-up in the end and see how many millions we've made collectively!

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!
Title: Re: Race from 10 too 100k!!
Post by: TJ79 on July 01, 2014, 09:58:22 AM
I'll join in on this:

Assets: 114,788
Liabilities: -108,277

Total: 6,511
Title: Re: Race from 10 too 100k!!
Post by: Frugal Father on July 01, 2014, 10:52:49 AM
Official End of June Number:

$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!
Same here! My employer match is only a paltry 1.5%, but I'll definitely take the free money. :P
Title: Re: Race from 10 too 100k!!
Post by: Middlesbrough on July 01, 2014, 05:30:58 PM
Official End of June Number:

$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!
Same here! My employer match is only a paltry 1.5%, but I'll definitely take the free money. :P
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.
Title: Re: Race from 10 too 100k!!
Post by: Suit on July 01, 2014, 06:55:06 PM
End of the month update: net worth is at -30k
Title: Re: Race from 10 too 100k!!
Post by: Frugal Father on July 02, 2014, 12:15:48 PM
For our June 30 update, we reached about $16.8k of net worth.

Official End of June Number:

$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!
Same here! My employer match is only a paltry 1.5%, but I'll definitely take the free money. :P
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.
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.
Title: Re: Race from 10 too 100k!!
Post by: mjb90 on July 07, 2014, 03:23:44 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
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: frogger on July 07, 2014, 03:58:58 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.

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.
Title: Re: Race from 10 too 100k!!
Post by: seanc0x0 on July 08, 2014, 03:11:02 PM
What the heck, I'll join in. It'll be a while, but I'm fine with that.  Excluding the pension at work (which I can't access 'til I'm at least 55, well after I hope to retire), I'm at $3417.20 as of close of markets today. Here's to the start of pushing the snowball!
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: Imustacheyouaquestion on July 09, 2014, 12:57:21 PM
I'm currently at a net worth of 27k, started at the 10k mark in December of 2013. So I guess I'll assess myself with a 6 month handicap when I get to the finish line!!

I really like this challenge because it's about celebrating success stories while they're still in the making. Here we go!
Title: Re: Race from 10 too 100k!!
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.

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.
So I guess you won't be reporting back between 10k and 100k then? ;)
Title: Re: Race from 10 too 100k!!
Post by: ohyonghao on July 10, 2014, 04:17:15 PM
I'm a little high right now compared to others posting here but still fall within the $10k to $100k.

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.
Title: Re: Race from 10 too 100k!!
Post by: frogger on July 10, 2014, 08:32:27 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.

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.
So I guess you won't be reporting back between 10k and 100k then? ;)
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. :P
Title: Re: Race from 10 too 100k!!
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

Title: Re: Race from 10 too 100k!!
Post by: ohyonghao on July 11, 2014, 02:33:42 PM
Savings $75k
Student loans -$71k

Net worth $4k

Savings $79k
Student loans -$69k

Net worth $10k
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.
Title: Re: Race from 10 too 100k!!
Post by: Mazzinator on July 12, 2014, 01:47:42 AM
Savings $75k
Student loans -$71k

Net worth $4k

Savings $79k
Student loans -$69k

Net worth $10k
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.

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!
Title: Re: Race from 10 too 100k!!
Post by: Frugal Father on July 14, 2014, 12:46:44 PM
Savings $75k
Student loans -$71k

Net worth $4k

Savings $79k
Student loans -$69k

Net worth $10k
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.

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!
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?
Title: Re: Race from 10 too 100k!!
Post by: Mazzinator on July 15, 2014, 02:53:46 PM
Savings $75k
Student loans -$71k

Net worth $4k

Savings $79k
Student loans -$69k

Net worth $10k
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.

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!
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?

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!!!
Title: Re: Race from 10 too 100k!!
Post by: carozy on July 15, 2014, 04:06:42 PM
I'll join in.  I'll use my Personal Capital to find my net worth, and I'll be including my retirement account and any IRAs I start also.

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.  :)
Title: Re: Race from 10 too 100k!!
Post by: peppermint on July 15, 2014, 05:28:15 PM
I'll play. net worth at present $34688.
Title: Re: Race from 10 too 100k!!
Post by: HairyUpperLip on July 16, 2014, 10:35:30 AM
I will join as well.

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!
Title: Re: Race from 10 too 100k!!
Post by: samburger on July 19, 2014, 03:54:46 PM
Looks like there are a few others with a headstart, so I'll jump in with a net worth of $30,099.37.

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?

Title: Re: Race from 10 too 100k!!
Post by: tyler1215 on July 20, 2014, 10:31:34 PM
I'm in.

NW from Personal Capital: $3,026

Employer 401(k): $4,949

Total NW for July: $7,975
Title: Re: Race from 10 too 100k!!
Post by: lpep on July 21, 2014, 12:55:07 AM
I'm in, AND I made a SPREADSHEET!!!

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? :)
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: isaacfcb1 on July 22, 2014, 09:30:06 PM
Haha thanks for the link! Let's see everyone's snowballs roll!
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: ohyonghao on July 25, 2014, 11:52:55 AM
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.
Title: Re: Race from 10 too 100k!!
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
Title: Re: Race from 10 too 100k!!
Post by: CabinetGuy on July 25, 2014, 04:30:26 PM
I'm in!  Started this year with:

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
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: isaacfcb1 on July 26, 2014, 07:22:05 PM
Haha no need to worry about winning the race, even though I am always a supporter of the good of competition, this is actually one race where we all win, and if you can get to $0.00 net worth by next year you will probably beat me to 100k haha darn military pay. Cheers everyone!

*Ipep any advice on how to edit our data?
Title: Re: Race from 10 too 100k!!
Post by: lpep on July 26, 2014, 11:35:26 PM
Whoopsies! Changed a setting so anyone with the link can now edit... thought I had it that way. Should be good now!
Title: Re: Race from 10 too 100k!!
Post by: Suit on July 27, 2014, 12:09:47 PM
You can just drag the calculation down like in excel, I did it for you. Impressive rate!
Title: Re: Race from 10 too 100k!!
Post by: Suit on July 27, 2014, 12:45:49 PM
No problem! I always just try things like that and figure that if they don't work I can just delete it :) I'm glad there's someone starting lower than me but by your savings rate you'll have me beat in no time!
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: SpareChange on July 27, 2014, 08:44:53 PM
If you're in the negative, I feel ya. I was preceded by a minus sign just months ago. -$30k less than a year ago. Put this thread out of your mind by the 2nd of each month, and the time will fly by! We're all making great progress!
Title: Re: Race from 10 too 100k!!
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 :)
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: lpep on July 27, 2014, 10:17:58 PM
AWESOME!!!!

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?
Title: Re: Race from 10 too 100k!!
Post by: peppermint on July 28, 2014, 08:39:26 PM
Oh man, now that there is a spreadsheet, I feel some pressure!
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 :)
Title: Re: Race from 10 too 100k!!
Post by: tarheeldan on July 29, 2014, 12:17:48 PM
You guys are awesome, I wanna play too!

Assets: 53,480.25

Liabilities: 21,438.33

Net Worth: 32,041.92
Title: Re: Race from 10 too 100k!!
Post by: ohyonghao on July 29, 2014, 02:24:10 PM
AWESOME!!!!

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?
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.

<$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
Title: Re: Race from 10 too 100k!!
Post by: Runge on July 29, 2014, 02:31:45 PM
AWESOME!!!!

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?
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.

<$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)
Title: Re: Race from 10 too 100k!!
Post by: isaacfcb1 on July 29, 2014, 06:39:13 PM
Just can't wait to someone on here breaks the 100k mark, it will feel as if we all won!
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: Runge on July 30, 2014, 06:58:56 AM
Hah, yeah if that's too demoralizing, we can change it. Don't want to put anyone down! We're here for motivation and encouragement, not chastisement.

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.
Title: Re: Race from 10 too 100k!!
Post by: MoneyRx on July 30, 2014, 08:01:52 AM
Had to join the forums for this challenge!
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: brisbella on July 31, 2014, 01:30:38 AM
I've joined in, this challenge looks like a really good motivator. I don't think i'll be able to add more than $15K per year, but it'll be great watching it grow.

I just hope I haven't messed up the spreadsheet!
Title: Re: Race from 10 too 100k!!
Post by: Imustacheyouaquestion on July 31, 2014, 09:22:11 AM
Just updated my July figure. Looking forward to August - three paychecks should push me forward a bit :)
Title: Re: Race from 10 too 100k!!
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
Title: Re: Race from 10 too 100k!!
Post by: seanc0x0 on July 31, 2014, 08:11:33 PM
Updated my progress for July 31st. It was a pretty good month, and my increase was a whopping 49%. Helps to be starting pretty low, though! Broke through 5k, though so that's something!
Title: Re: Race from 10 too 100k!!
Post by: Suit on July 31, 2014, 09:09:25 PM
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?
Title: Re: Race from 10 too 100k!!
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. ;).
Title: Re: Race from 10 too 100k!!
Post by: Paulie on August 01, 2014, 01:25:19 AM
Yes! I would like to be in as well! I only included the money I have in investments, since pensions are very different here and I will use the cash I have for a deposit on a house soon. It's also depending a bit on the usd/euro currency, since I save in Euro's.

Wishing you all good luck!
Title: Re: Race from 10 too 100k!!
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
Title: Re: Race from 10 too 100k!!
Post by: ohyonghao on August 01, 2014, 11:17:30 AM
I adjusted mine a little bit to report more accurately my Net Worth on the last day of the month rather than updating on the first of the month.  June is now $48,054.09, and July is $48,615.09.  There are two main reasons for such a paltry increase, 1) In-laws in Taiwan ordered around $800 of stuff so that is sitting as a debt, but I don't have an off-category for them, it will slowly fix itself overtime or the next time we visit. 2) Stocks went on sale the last two days of the month resulting in a small loss.

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!
Title: Re: Race from 10 too 100k!!
Post by: ohyonghao on August 01, 2014, 11:18:38 AM
Lol, I just read the ranking names, that's a much better <$0 than I had come up with.
Title: Re: Race from 10 too 100k!!
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 :)
Title: Re: Race from 10 too 100k!!
Post by: isaacfcb1 on August 01, 2014, 09:41:13 PM
completely forgot to add a CD i had left alone because of other options ha but now it matured! that with a couple paycheck, and as well as starting at a low total in the beginning all account for a 40% increas woohoo!
Title: Re: Race from 10 too 100k!!
Post by: Tieke on August 01, 2014, 10:18:45 PM
I also forgot some shares I've got, which are worth roughly $3000 (they were a gift and not something I'd ever have invested in).  So my funds are going to take a slightly misleading jump again this month.  Yay for finding the spare change down the back of the couch though!
Title: Re: Race from 10 too 100k!!
Post by: SpareChange on August 02, 2014, 12:41:18 AM
Looks like as a group we had a pretty solid July. Way to go guys...
Title: Re: Race from 10 too 100k!!
Post by: peppermint on August 02, 2014, 11:36:49 AM
I started out high, but I know I won't have big gains in this challenge. At least it will be a motivation to have the % keep going upwards :)
Title: Re: Race from 10 too 100k!!
Post by: The knitter on August 02, 2014, 12:12:35 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~)
Title: Re: Race from 10 too 100k!!
Post by: tyler1215 on August 02, 2014, 02:48:46 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 :/
Title: Re: Race from 10 too 100k!!
Post by: Runge on August 02, 2014, 04:07:17 PM
Well, my NW also took a temporary hit due to the markets dropping just for the last day of the month. Annoying.

My IRA contribution increase goes into effect this month, so hopefully I'll start climbing faster.

$12,178.92
Title: Re: Race from 10 too 100k!!
Post by: Lord Cashmoney on August 02, 2014, 06:49:37 PM
Lord Cashmoney reporting with official tallies for August! Here were the new results compared side-by-side with July numbers which will be in this nice blue.

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!
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: ohyonghao on August 04, 2014, 01:24:03 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.
Title: Re: Race from 10 too 100k!!
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!!
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
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
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: NBBay7 on August 07, 2014, 10:31:28 AM
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!!
Title: Re: Race from 10 too 100k!!
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! 
Title: Re: Race from 10 too 100k!!
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).
Title: Re: Race from 10 too 100k!!
Post by: apfroggy0408 on August 09, 2014, 10:01:53 AM
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.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: Tieke on August 09, 2014, 04:12:16 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.
Title: Re: Race from 10 too 100k!!
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). :)
Title: Re: Race from 10 too 100k!!
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... :)
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: MoneyRx on August 13, 2014, 07:59:00 AM
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.
Title: Re: Race from 10 too 100k!!
Post by: Wiggle on August 13, 2014, 09:12:49 AM
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
Title: Re: Race from 10 too 100k!!
Post by: Fonzico on August 13, 2014, 09:45:19 AM
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 :)
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: lpep on August 14, 2014, 07:37:26 AM
I think this part of the thread is perfect for a little "bio" of everyone, if they want to do it. The spreadsheet should be impersonal, I think - let the numbers speak for themselves. (That is why I put in the ranking system, though - competition can be useful!)

Plus, the spreadsheet took all the numbers out of the linear posts, so this CAN be more of a conversationy area.
Title: Re: Race from 10 too 100k!!
Post by: ohyonghao on August 14, 2014, 12:52:56 PM
Yeah, other than the ranking on the sheet I don't see the need to add lots of personal information to it.  Sure as a person who loves numbers it would be interesting and add in hours of running numbers and such which is fun, but you can look it up on my profile too.

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).
Title: Re: Race from 10 too 100k!!
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?
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: brisbella on August 17, 2014, 11:29:38 PM
I am 23, female from Brisbane Australia. I'm currently studying full time at uni for a bachelor of business management and a bachelor of science dual degree. Still need to swap into the science degree after I get my chemistry and maths B. I've been at uni since start of 2013 but also did a preparation course back in 2012 for 8 months so I could get into uni. So I've been studying for about 2.5 years. 

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 :)
Title: Re: Race from 10 too 100k!!
Post by: Apples on August 19, 2014, 01:18:38 PM
Hi, I'd love to join.  "My" net worth is actually "our" net worth as I got married a few months ago (woo!).  I just entered rough numbers on the spreadsheet (I assume beginning net worth is from Dec 13 so it's what we started this year with?  I plan to update with exact numbers for the last two months when I get home tonight.  I think my/our net worth is a bit high for this thread (actually, I think it's the highest on the spreadsheet...), but we're only halfway there!  Assuming the market doesn't crash anytime soon, we expect our NW to increase by about $1,000/month on average at the moment, though that may change to a lower number in a few months.  Working on those darn student loans.
Title: Re: Race from 10 too 100k!!
Post by: tarheeldan on August 19, 2014, 01:52:57 PM
Welcome,  Apples, and best wishes!

Is it Dec 31for the start y'all? I assumed it was May 30
Title: Re: Race from 10 too 100k!!
Post by: Apples on August 19, 2014, 02:24:56 PM
Ahhh, I just clicked around a bit on the spreadsheet and after reading your post I agree, it's probably June 1, or May 31.  Thank you, I'll go change my input!
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
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).
Title: Re: Race from 10 too 100k!!
Post by: Apostrophe on August 25, 2014, 07:56:12 PM
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

Title: Re: Race from 10 too 100k!!
Post by: LearningFromMistakes on August 25, 2014, 09:45:58 PM
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
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: Imustacheyouaquestion on August 29, 2014, 06:40:39 AM
3-paycheck month and a nice uptick in the stock markets towards the end of the month pushed me over $31,000.

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.
Title: Re: Race from 10 too 100k!!
Post by: seanc0x0 on August 29, 2014, 02:31:52 PM
Now that markets are closed for the month, I can update for August. Not as good a month, ended up losing a bit in the market. Still 19% up month-over-month, closing at $6066.70.

Hopefully September will be more fruitful, as I am planning to sell some unused radio equipment and plow that money into the investments.
Title: Re: Race from 10 too 100k!!
Post by: ohyonghao on August 29, 2014, 04:15:54 PM
Now that stocks have closed in the US too, I've updated my accounts.

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
Title: Re: Race from 10 too 100k!!
Post by: frogger on August 29, 2014, 05:49:11 PM
With stocks closed and my income and outgo all reconciled, I'll update as well:

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!
Title: Re: Race from 10 too 100k!!
Post by: tyler1215 on August 30, 2014, 03:17:04 PM
Updated for August.

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.
Title: Re: Race from 10 too 100k!!
Post by: carozy on August 31, 2014, 09:20:38 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.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: Runge on August 31, 2014, 01:56:03 PM
Updated mine.

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!
Title: Re: Race from 10 too 100k!!
Post by: Apples on August 31, 2014, 07:12:07 PM
I enjoy tracking our net worth here-it gives me some accountability (and sometimes a place to cheer) from month to month.  Because my husband just doesn't share the joy of looking at numbers change on spreadsheets for some reason. :p

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.
Title: Re: Race from 10 too 100k!!
Post by: brisbella on August 31, 2014, 08:40:38 PM
Not such a good month. Had to pay $1000 for health insurance which I owed someone from long ago. Small losses in share price.  Very pleased with index fund performance though.

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 :)
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: Paulie on September 01, 2014, 08:11:23 AM
Not much changed. NW went down a bit, but that's mostly because the dollar went up and I convert it. I only include the money in my investmentaccuount here, in which I put money every month. In August however, nothing was deposited, but in September money will be deposited twice. So I expect a nice increase next month!
Title: Re: Race from 10 too 100k!!
Post by: SpareChange on September 01, 2014, 01:49:15 PM
Nothing too exciting about August...just steady as she goes. I'm glad so many are seeing real progress being made in such a short time!

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.
Title: Re: Race from 10 to 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: Suit on September 02, 2014, 06:35:27 PM
Sorry, I was on vacation. I've updated mine now. It was a good month for my stocks!
Title: Re: Race from 10 too 100k!!
Post by: Mazzinator on September 04, 2014, 02:19:19 PM
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
Sept 2014

Savings $86,540
Student loans -$67,927 (wait, what? This went up??)

Net Worth
$18,613
Title: Re: Race from 10 too 100k!!
Post by: TJ79 on September 08, 2014, 01:54:02 PM
I've updated the sheet, but want to share a little bit about myself.

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)
Title: Re: Race from 10 too 100k!!
Post by: Middlesbrough on September 09, 2014, 08:36:19 PM
I have been trying to be internet anonymous, but I guess for the sake of mutual benefits of competition I will divulge. I am a 23 year old single living in the Midwest. I am a civil engineer who graduated just a year ago. I hope to become a professional within 4 years. I bike/walk to work as often as possible, but work requirements sometimes necessitates driving.

I currently have college debt from public university because I paid for my education. All money I "save" goes toward student debt.
Title: Re: Race from 10 too 100k!!
Post by: tyler1215 on September 10, 2014, 03:57:02 PM
I'm a 26 year old Electrical Engineer working for an electric utility in the great state of Texas.  I found MMM after completing a Dave Ramsey course that my office offered up, and I was looking for people that claimed Dave ruined their lives.  What I found was a bunch of cry babies that hated the guy cause they had to sell their guitar or motorcycle to pay down the debt; I believe we would call that a "hair on fire" situation. 

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.
Title: Re: Race from 10 too 100k!!
Post by: givemesunshine on September 13, 2014, 10:49:56 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.
Title: Re: Race from 10 too 100k!!
Post by: SpareChange on September 14, 2014, 11:49:38 PM
Looks like we have a few engineers! Anybody else work in healthcare?


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.
Title: Re: Race from 10 too 100k!!
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?
Title: Re: Race from 10 too 100k!!
Post by: RyeWhiskey on September 20, 2014, 09:23:34 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).
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
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 :).
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: coffeefueled on September 26, 2014, 11:01:05 AM
I'll join. I hit a positive net worth this year for the first time since grad school, which feels insanely awesome and insanely awful. I can't believe I waited this long to start killing the student loans. I found MMM this year and have made some pretty good progress so far, but I think $100k will be a long time in coming.

TSP: $41,0740
VTSMX: $4,368

Student loan: -$43,403
Car: -$8,292 <----my pre-MMM face punch

NW:$1,500

 
Title: Re: Race from 10 too 100k!!
Post by: givemesunshine on September 26, 2014, 11:27:53 PM
Hi all,

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.
Title: Re: Race from 10 too 100k!!
Post by: Paulie on September 30, 2014, 03:08:39 AM
I've also updated my NW!
Title: Re: Race from 10 too 100k!!
Post by: carozy on September 30, 2014, 10:42:45 AM
I made it to 10K!  I'm so happy about that.  I haven't been here in a long time.  Onward and upward!
Title: Re: Race from 10 too 100k!!
Post by: Frugal Father on September 30, 2014, 12:50:26 PM
September was a slightly embarrassing month. Our first child was born in late August, so this was my wife's first full month staying at home. In addition, we had several other unusual expenses, like our semi-annual car insurance payment. As a result, we didn't even gain $100, but at least we didn't go down. Next month, I expect our NW to drop as we pay for hospital bills, because even though my wife gave birth naturally, with no complications, and we left as soon as they would let us (just over 24 hours), apparently it will still end up costing us thousands. Thank goodness for our HSA.
Title: Re: Race from 10 too 100k!!
Post by: tyler1215 on September 30, 2014, 04:15:00 PM
Updated my numbers.  Saw a modest $700 growth.  Waiting on some reimbursement from my company for last minute travelling I did.  My investment portfolio is down 5.8% for the month.  A certain electric auto-maker is playing games with my portfolio.

Congratulations on the new baby Frugal Father!
Title: Re: Race from 10 too 100k!!
Post by: Apples on September 30, 2014, 04:27:06 PM
We use last month's income for this month's expenses/savings/investing, so we saw the benefit of a 5 paycheck month in August this month woohoo!  The markets going down were no help.  Our non-invested assets are about equal to our student loans, so our net worth changes by the amount of student loan we pay off (a lot this month) plus the bit we invest, and then I like to see how much we get helped along by the stock market.  No help this month there.  We are in our 20's for anyone curious.

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!
Title: Re: Race from 10 too 100k!!
Post by: Bart1ma3u5 on September 30, 2014, 05:14:18 PM
Finally made it into positive territory at a whopping $27! Too bad it will be negative again tomorrow upon rent payment but after my next paycheck should hopefully stay positive from here on out.  I had a fairly disappointing month with many more expenses than I planned on with travel for my cousins wedding and a week at the cabin, but I was pleasantly surprised to still have an increase of over $1000!

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 :).
Title: Re: Race from 10 too 100k!!
Post by: seanc0x0 on September 30, 2014, 06:30:11 PM
Not a good month, with markets down in Canada where most of my money is stashed, I saw a $200 loss in my main brokerage account. This counteracted the money I put in, so I still went up 10% month over month. I'll take it, since with the market down a bit I can get more for the same price. I'm in it for the long haul, though it still doesn't feel particularly good to to see that (fictional) value drop so much, and the drop actually helps me over the long run. Psychology is funny.

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! 
Title: Re: Race from 10 too 100k!!
Post by: frogger on September 30, 2014, 07:31:57 PM
As of close of business today:

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.
Title: Re: Race from 10 too 100k!!
Post by: tarheeldan on September 30, 2014, 07:49:26 PM
Frugal Father, congratulations!

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. 
Title: Re: Race from 10 too 100k!!
Post by: Middlesbrough on September 30, 2014, 09:14:15 PM
I splurged on a couple of football games and all-time favorite comedian coming to town. Nothing crazy, but it was those two things and the market finally dipped that I saw my first negative month since I started tracking my expenses. It only took a year and a half for that to happen. I think of it as a positive because my money stashed away could potentially create more money than I can currently tuck away!

Two sides to a coin...
Title: Re: Race from 10 too 100k!!
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
Title: Re: Race from 10 too 100k!!
Post by: SpareChange on October 01, 2014, 12:20:06 AM
As others have noted, investments were a headwind for NW this month. It's all good though...managed to knock $2400 off my student loan! Happy enough with that. Congrats Frugal Father! And to everyone else as well!
Title: Re: Race from 10 too 100k!!
Post by: ohyonghao on October 01, 2014, 05:58:04 PM
Well, it's interesting having the feeling of stocks on sale.  Here are my new stats:
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.
Title: Re: Race from 10 too 100k!!
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. 
Title: Re: Race from 10 too 100k!!
Post by: Mazzinator on October 02, 2014, 01:38:39 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!!!
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: peppermint on October 03, 2014, 11:05:48 AM
Down a little bit this month, due to animal medical bills (my cat got diagnosed with cancer :(((( )
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: Runge on October 04, 2014, 09:52:15 AM
Finally able to post my official numbers. My brokerage company for my IRA is slow getting the statements out.

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%)
Title: Re: Race from 10 too 100k!!
Post by: Tieke on October 09, 2014, 01:57:08 AM
Just got a chance to do my update: my progress is steady at the moment, but I just finished paying off my student loan last week so that's a huge landmark for me.  Onwards and upwards from here, I hope! 

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...
Title: Re: Race from 10 too 100k!!
Post by: Apples on October 09, 2014, 06:38:27 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 :)
Title: Re: Race from 10 too 100k!!
Post by: Primm on October 09, 2014, 04:18:41 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! 
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: tyler1215 on October 14, 2014, 05:09:49 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.
Title: Re: Race from 10 too 100k!!
Post by: VirginiaBob on October 14, 2014, 05:20:31 PM
Ok I'm starting at 2,245 dollars on 14-October, 7:20 pm eastern. 
Title: Re: Race from 10 too 100k!!
Post by: VirginiaBob on October 14, 2014, 05:22:03 PM
Wow, I just won the lucky lotto for 250k at 7:22 pm on 14-October.  I guess I win.
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
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...
Title: Re: Race from 10 too 100k!!
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!!
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
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. 
Title: Re: Race from 10 too 100k!!
Post by: ash7962 on October 16, 2014, 01:33:40 PM
I'd like to join too!! I already added myself to the spreadsheet (I love spreadsheets and I was excited).  Also, compliments to the people who built and have been managing the spreadsheet, looks wonderful!  Got some ideas to add to my own personal spreadsheet :). 

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!
Title: Re: Race from 10 too 100k!!
Post by: trailrated on October 16, 2014, 02:12:26 PM
This thread is F-ing awesome!!! Can't believe it took me this long to actually look at it. I have a bit of a head start but just added myself to the spreadsheet anyways. Thanks for putting this together :)
Title: Re: Race from 10 too 100k!!
Post by: ChickenMonster7 on October 16, 2014, 04:03:05 PM
Hello all! New to the forums here. I found MMM in Spring 2014. Currently at 33k ish, but I have about 9 months until I have a job so you guys better take advantage of the head start because once Summer 2015 comes around imma be ramping up my savings.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: Pooperman on October 17, 2014, 08:27:27 AM
Adding myself to this. Started with an investment account and a car (approx $8k). Latest has me at $16,982.66 (as of the end of last month).
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: dusty on October 31, 2014, 06:36:22 AM
Hi there Isaac CBF.

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 
Title: Re: Race from 10 too 100k!!
Post by: Primm on October 31, 2014, 07:57:15 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. :)
Title: Re: Race from 10 too 100k!!
Post by: carozy on October 31, 2014, 09:51:27 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.
Title: Re: Race from 10 too 100k!!
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. :)
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: Pooperman on October 31, 2014, 11:25:27 AM
Slipped backwards about $300 this month. Breaking news: moving is expensive! Deposit + rent + needed items (no furniture, no bed, no food) was just about $4000.
Title: Re: Race from 10 too 100k!!
Post by: MWM1220 on October 31, 2014, 11:56:26 AM
Is it too late to join in???? I know i won't "Win" but it will be fun to track?
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: SpareChange on October 31, 2014, 12:14:58 PM
3 paycheck month :). Next month won't be as nice...about time to buy a new set of tires for the car, and I will probably buy a new road bike. Happy Halloween!
Title: Re: Race from 10 too 100k!!
Post by: frogger on October 31, 2014, 06:37:04 PM
Three paycheck month for me as well! I didn't do too bad.

Oct.: -$7900
Nov.: -$3100

Up $4800. Next month I'll be able to do the less than (more than? damn negative numbers) -$1000 dance!
Title: Re: Race from 10 too 100k!!
Post by: givemesunshine on October 31, 2014, 11:10:00 PM
Hi all,

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!
Title: Re: Race from 10 too 100k!!
Post by: ohyonghao on November 01, 2014, 02:56:00 AM
5 Paycheck month really makes my savings look good, plus this last week stocks stopped being on sale.

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.
Title: Re: Race from 10 too 100k!!
Post by: engineerbell on November 01, 2014, 09:11:16 AM
Would love to join this challenge as well.  does anyone know of a website that makes these challenges easy to track and share progress.  Kinda like www.fi.tt but for  money instead of fitness.
Title: Re: Race from 10 too 100k!!
Post by: Runge on November 01, 2014, 11:56:49 AM
Glad to see more people joining, and I'm enjoying everyone's numbers keep going up!

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?
Title: Re: Race from 10 too 100k!!
Post by: tyler1215 on November 02, 2014, 02:51:42 PM
Here's my update:
$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.
Title: Re: Race from 10 too 100k!!
Post by: Paulie on November 03, 2014, 03:43:29 AM
I'm down $500 due to the market. But the next two months will be good months because of bonuses!
Title: Re: Race from 10 too 100k!!
Post by: seanc0x0 on November 03, 2014, 07:59:24 AM
Wanted to do this on the weekend, but my brokerage was down for maintenance all weekend.

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.
Title: Re: Race from 10 too 100k!!
Post by: tarheeldan on November 03, 2014, 11:29:42 AM
Steady progress :-) Up an average of $2,613.41 over the past five months. Finally got my IRA's transferred to Vanguard too! Can't wait to reach the halfway mark!
Title: Re: Race from 10 too 100k!!
Post by: kickel on November 04, 2014, 03:42:16 PM
Figured I'd put my hand in. I'm starting with somewhat of a head start.

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.
Title: Re: Race from 10 too 100k!!
Post by: trailrated on November 05, 2014, 11:34:13 AM
I was super unmustachian and went to the Saturday World Series Game and lent my best friend $1,600 to fix his car. Next month I will be back on track
Title: Re: Race from 10 too 100k!!
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)
Title: Re: Race from 10 too 100k!!
Post by: Hummer on November 06, 2014, 09:20:39 AM
Where is this spreadsheet everyone is talking about? I can't find it.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 too 100k!!
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..
Title: Re: Race from 10 too 100k!!
Post by: FoundPeace on November 12, 2014, 05:59:44 AM
Just found this thread, so I updated the spreadsheet with my numbers. I actually started my own personal spreadsheet to track my net worth in June, but I was able to guesstimate for May. It was my spreadsheet that lead me to MMM in September. It didn't change very much for me, but it helped me see that my savings rate should allow me to FIRE one day (started my first engineering job in January). I like this challenge, because it seems so obtainable.

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?
Title: Re: Race from 10 too 100k!!
Post by: Runge on November 12, 2014, 06:35:23 AM
Uh oh...

I may have broken the spreadsheet... I'll see if I can get it fixed.
Title: Re: Race from 10 too 100k!!
Post by: Runge on November 12, 2014, 07:09:16 AM
Ok, I think it's working now. Phew...
Title: Re: Race from 10 too 100k!!
Post by: FoundPeace on November 12, 2014, 07:23:07 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.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: Mazzinator on November 12, 2014, 09:40:40 AM
Can someone explain to me how to update the chart from my ipad??? Please...
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
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...
Title: Re: Race from 10 too 100k!!
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 ;-)
Title: Re: Race from 10 too 100k!!
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 :).
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: Pooperman on November 29, 2014, 09:01:04 AM
NW up this month from 16,949.24 to 18,967.23 partially due to a correction in vehicle valuation (KBB says it's worth more than I thought it was when I guessed and now it's fixed and reflected).

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.
Title: Re: Race from 10 too 100k!!
Post by: Runge on November 29, 2014, 09:09:33 AM
I'm up to $16,496.95 from $15,774.94. Fairly ho-hum this month. My employer decided to introduce a 2 week lag in pay in October, and I'm feeling the effects of it this month.
Title: Re: Race from 10 too 100k!!
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
Title: Re: Race from 10 too 100k!!
Post by: MWM1220 on November 29, 2014, 01:25:59 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!
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: ohyonghao on November 30, 2014, 01:15:57 PM
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.
Title: Re: Race from 10 too 100k!!
Post by: FoundPeace on November 30, 2014, 03:35:00 PM
Integrated my 401k into my numbers this week, which added $3,740

Oct. $28,781
Nov.  $35,983

Even discounting the 401k, it was a great month!
Title: Re: Race from 10 too 100k!!
Post by: givemesunshine on November 30, 2014, 05:42:35 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)
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: seanc0x0 on December 01, 2014, 10:53:24 AM
Another decent month. Up 17.28% to ~$9180.  I have managed to ramp up savings from $400 a month to $1200. Would like to get it to around $2000, but it'll be hard over the next year. My wife is going on maternity leave and we'll be down to 60% of her salary, so I'll have to contribute more during that time.  Not too worried about it though, more concerned about daycare costs for 2 kids when she does go back to work.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: carozy on December 01, 2014, 04:35:13 PM
I'm trying to add in yesterday's net worth ($12,826) but it keeps crashing on me.  :(  Maybe I'll try later.

Pretty spendy lately.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: SpareChange on December 02, 2014, 01:06:15 PM
Steady as she goes month for SpareChange. I also bought a road bike this month, though it won't show up till next month in the numbers. Up $3,325.59.
Title: Re: Race from 10 too 100k!!
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
Title: Re: Race from 10 too 100k!!
Post by: Fonzico on December 06, 2014, 01:15:08 PM
No movement for me last month :( I started a new job with a very different pay schedule, resulting in me taking home about half my normal pay for the month. December should be much better though, as the new job comes with a nice pay increase!
Title: Re: Race from 10 too 100k!!
Post by: carozy on December 11, 2014, 03:42:48 PM
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.
Title: Re: Race from 10 too 100k!!
Post by: kpd905 on December 11, 2014, 07:20:50 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.
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: carozy on December 12, 2014, 09:52:36 AM
Yes, unfortunately, still problems.  Although now it takes a bit longer to load but still crashes right away once loaded.  On Firefox it says "Something went wrong.  Please Reload."  (Crash) or "There's something wrong with this spreadsheet."  (Crash).  I haven't tried it on Safari because that's my personal Mac and I'm at work right now.  Thanks for adding my net worth and for trying to fix it!
Title: Re: Race from 10 too 100k!!
Post by: Runge on December 12, 2014, 10:18:11 AM
I just took out most of the arrayformula() functions, which it seems really bogs down the spreadsheet. Other than that, I'm not sure what else would slow it down. I'm not an expert on spreadsheet efficiency/optimization.
Title: Re: Race from 10 too 100k!!
Post by: Primm on December 13, 2014, 11:43:32 PM
Still not working on FF or Safari on a Mac. It appears to load but then crashes immediately on loading.
Title: Re: Race from 10 too 100k!!
Post by: Runge on December 14, 2014, 09:11:44 AM
Hmm...Try clearing your cache? It might be trying to load an older version of the spreadsheet before it updates to the newer version. If that doesn't work, I'll disable some sheets and see if we can identify the issue from that.
Title: Re: Race from 10 too 100k!!
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 ;) )
Title: Re: Race from 10 too 100k!!
Post by: SpareChange on December 14, 2014, 05:50:05 PM
Works fine for me...Chrome on a Win 7.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: carozy on December 15, 2014, 11:30:48 AM
Thanks Runge for trying to fix it!
Title: Re: Race from 10 too 100k!!
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)
Title: Re: Race from 10 too 100k!!
Post by: McStache on December 25, 2014, 09:48:00 PM
Just joined in!  I was able to backdate entries using Mint.  I started at about 20k and am up to just shy of 50k.
Title: Re: Race from 10 too 100k!!
Post by: tarheeldan on December 26, 2014, 12:30:47 AM
Welcome, FliXFantatier and McStache!
Title: Re: Race from 10 too 100k!!
Post by: trailrated on December 29, 2014, 04:51:53 PM
Ending the year with a large bump due to a bonus, a windfall, and some people paying me back :) Figured it won't change much in the next few days. Incredibly grateful for an amazing year.
Title: Re: Race from 10 too 100k!!
Post by: Paulie on December 31, 2014, 02:21:01 AM
Ending the year with a bit under 17k in investments. Not too bad! At the end of next year I'm hoping to end at 40k. So 100k is still not near, but steady and slowly we're getting there ;)
Title: Re: Race from 10 too 100k!!
Post by: Pooperman on December 31, 2014, 06:05:10 AM
Ended the year by breaking the 25k barrier! I estimate the 100k barrier will fall by the end of 2016, with the 50k barrier falling next year!
Title: Re: Race from 10 too 100k!!
Post by: tarheeldan on December 31, 2014, 06:20:41 AM
That's  a very sweet bump indeed, Trailrated! Congrats all on their progress. I'm in Thailand and my Quicken is back stateside so I can't  update until I get back - can't  complain haha
Title: Re: Race from 10 too 100k!!
Post by: frogger on December 31, 2014, 05:02:44 PM
Assets Jan. 2015: $37,200
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!
Title: Re: Race from 10 too 100k!!
Post by: ohyonghao on December 31, 2014, 09:35:43 PM
Last month: $73,869.62
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.
Title: Re: Race from 10 too 100k!!
Post by: carozy on January 02, 2015, 03:52:55 PM
Would someone mind entering in my net worth for Dec. 31, 2014?

$14,319

I'd appreciate it.  The spreadsheet will open but won't let me record my net worth.

Thanks and happy new year!
Title: Re: Race from 10 too 100k!!
Post by: JLee on January 02, 2015, 04:35:24 PM
Ending the year right around 30k in investments/retirement. ~50k NW if I count equity in my house (128k left on 150k appraisal). A bit higher if I count vehicles (all paid off), but I'll go with 50k.  I'd love to see 100k at the end of 2015, but I think even 75k would be ambitious enough!
Title: Re: Race from 10 too 100k!!
Post by: SingleMomDebt on January 02, 2015, 08:50:27 PM
Trailrated Nice jump up!

I ended the year right under 30K. Least it is going up!
Title: Re: Race from 10 too 100k!!
Post by: SpareChange on January 03, 2015, 05:04:46 PM
Solid month to end a great year. Scored some good overtime to offset a few expenses. Net worth up 4400 for the month, and 44k for the year. Doesn't include my 401k match for 2014, which apparently comes as a lump sum in another month or so. Very proud of the progress our spreadsheet has made! Here's to a great new year for every row on it! :)
Title: Re: Race from 10 too 100k!!
Post by: Mazzinator on January 05, 2015, 12:13:33 AM
End of May
Savings $75k
Student loans -$71k

Net worth $4k

End of dec
Savings $111k
Student loans -$56k

NW $55k
Title: Re: Race from 10 too 100k!!
Post by: Runge on January 05, 2015, 07:21:24 AM
It's been a decent year for me all things considered.

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%
Title: Re: Race from 10 too 100k!!
Post by: seanc0x0 on January 05, 2015, 09:53:58 PM
Finally got the chance to run the numbers for December, been very busy. Only up 5.69% this month, due to market headwinds. Since I'm mostly in the Canadian market, I've been hit pretty hard by the precipitous drop in oil prices. Still plowing money into the market, though! The other headwind I'm facing is a temporarily reduced income... we had a kid in December, and both my DW and I are taking time off (2 months for me, 11 for her). This year may be a bit lower savings than last.

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. :)
Title: Re: Race from 10 too 100k!!
Post by: kickel on January 06, 2015, 02:22:57 PM
Good year overall, however the last month didn't pan out to well. I ended up purchasing a car. 06 Honda Hybrid which set me back a little, in addition to the market down turn. Overall it still went up so I can't complain too much! hopefully in the next few months I'll be able to graduate from this thread into into the race to 1 million. Until then 100,000 here I come
Title: Re: Race from 10 too 100k!!
Post by: Grog on January 07, 2015, 12:13:57 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 :)
Title: Re: Race from 10 too 100k!!
Post by: givemesunshine on January 28, 2015, 09:06:05 PM
I've called my end of January NW early as I've been paid and won't be adding any more to savings this week - up to $23700 from $20895 with more medical payments in the mix so pretty happy.

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!
Title: Re: Race from 10 too 100k!!
Post by: trailrated on January 29, 2015, 11:57:38 AM
Down a few k due to a $2,780 medical bill and paying insurance for the next 6 months... ahhhh next month I will be back up again
Title: Re: Race from 10 too 100k!!
Post by: Pooperman on January 30, 2015, 06:41:51 AM
Up about $3k this month to about $28,750 in Net Worth and $14,500 in invested assets*.

*ignores some numismatic investments (silver), and some other things with a total combined value of around $2k.
Title: Re: Race from 10 too 100k!!
Post by: SingleMomDebt on January 30, 2015, 09:28:01 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!
Title: Re: Race from 10 too 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
Title: Re: Race from 10 too 100k!!
Post by: FoundPeace on January 30, 2015, 11:43:35 AM
Went up by $4218 to$ 43,320 because I am now partially vested in my employers 401(k) contributions!

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.
Title: Re: Race from 10 too 100k!!
Post by: ohyonghao on January 30, 2015, 04:32:14 PM
Ouch, stocks just went on sale, which put a bit of a damper on my NW this month.  Originally it had went up by the same amount as my take home pay, mostly due to the 5th paycheck.

Dec: $77,499.77
Jan: $82,878.52

Increase of $5,378.75
Title: Re: Race from 10 too 100k!!
Post by: Runge on January 30, 2015, 04:44:14 PM
Slow and steady here...

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.
Title: Re: Race from 10 too 100k!!
Post by: frogger on January 30, 2015, 09:08:17 PM
Well, not quite as high as it could have been thanks to the stock market, but definitely higher than it would have been if my tax refund hadn't come just in time!

Assets: 39,050
Liabilities: 33,150
Feb. NW: 5900

Jan. NW: 3350
Title: Re: Race from 10 too 100k!!
Post by: SpareChange on January 31, 2015, 12:11:37 AM
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 :).
Title: Re: Race from 10 too 100k!!
Post by: McStache on January 31, 2015, 08:12:05 AM
Broke the 50K mark!
Title: Re: Race from 10 too 100k!!
Post by: Middlesbrough on January 31, 2015, 10:53:06 AM
First vacation of my working career and a little market headwind leaves me slightly in the hole for the month. Let us not repeat this next month.
Title: Re: Race from 10 too 100k!!
Post by: carozy on January 31, 2015, 05:42:51 PM
I decided to start tracking on my own.  It keeps crashing when I try it with my Mac.  I don't want to try to get Chrome on my Mac, I'll just make a Google spreadsheet and start tracking that way.
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: kickel on February 02, 2015, 09:27:41 AM
Well that wasn't a good month I still managed to save a little in my investment accounts but with stocks on sale, and a few unexpected expenses My NW decreased. Not all bad though looking forward to a great February.
Title: Re: Race from 10 too 100k!!
Post by: ash7962 on February 02, 2015, 11:13:12 AM
Jan was my bonus month and I used most of it to frontload my 401k, so paid minimal tax up front causing my Jan increase to look huge.  The only downside here is that now my regular pay checks are much higher due to not funding my 401k as much every check.  I'll have to keep a close eye on lifestyle inflation and maybe set up an automatic taxable investment account transfer to combat the potential lifestyle creep.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: Kananas on February 03, 2015, 01:32:55 AM
Hello guys!

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.
Title: Re: Race from 10 too 100k!!
Post by: seanc0x0 on February 03, 2015, 10:29:33 AM
I didn't add anything to the stash this month, since I've been waiting for the Gov't to pay my parental leave benefits. EI is not fast, it has taken over a month to process. I'm very glad I'm no longer living paycheque to paycheque!  Never the less, I've managed a respectable 4.4% increase, from $9700 to $10130 or so due to market increases and a dividend payment. I've finally reached the starting line!

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.
Title: Re: Race from 10 too 100k!!
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
Title: Re: Race from 10 too 100k!!
Post by: Kananas on February 06, 2015, 01:33:52 AM
Net worth 6th of Feb:
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. :)
Title: Re: Race from 10 too 100k!!
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).
Title: Re: Race from 10 too 100k!!
Post by: tyler1215 on February 06, 2015, 01:52:58 PM
Got hit with a couple of medical bills right at the end of the month, resulting in a second straight month of NW decrease.  Doesn't look so bad due to some bills falling on the last day of January and the rest falling in February.  Be looking for a negative NW at the end of February.  Two steps back; allowing me more running room to bust through the 100k barrier at the end of 2015.  Job well done by everyone and good luck in February!!
Title: Re: Race from 10 too 100k!!
Post by: Guizmo on February 13, 2015, 06:04:02 PM
I crossed the 100k mark last month. Woo hoo!
Title: Re: Race from 10 too 100k!!
Post by: SingleMomDebt on February 13, 2015, 09:25:15 PM
I crossed the 100k mark last month. Woo hoo!
Congrats, Guizmo!!
Title: Re: Race from 10 too 100k!!
Post by: tarheeldan on February 13, 2015, 10:31:16 PM
I crossed the 100k mark last month. Woo hoo!
Congratulations!!
Title: Re: Race from 10 too 100k!!
Post by: johnny847 on February 14, 2015, 12:15:18 AM
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.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 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....
Title: Re: Race from 10 too 100k!!
Post by: misschedda on February 26, 2015, 09:14:37 AM
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.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: SpareChange on February 26, 2015, 04:50:48 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. ;)
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: seanc0x0 on February 27, 2015, 02:41:37 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.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: frogger on February 27, 2015, 07:49:37 PM
Feb. NW: 5600

Mar. NW: 9300

Next paycheck I should be able to do the 10K happy dance!
Title: Re: Race from 10 too 100k!!
Post by: johnny847 on February 27, 2015, 08:47:24 PM
Feb. NW: 5600

Mar. NW: 9300

Next paycheck I should be able to do the 10K happy dance!
*raises glass* Here's to next month!

EDIT: Wait you mean January and February, not February and March...?
Title: Re: Race from 10 too 100k!!
Post by: johnny847 on February 27, 2015, 08:52:29 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).
Title: Re: Race from 10 too 100k!!
Post by: frogger on February 27, 2015, 09:04:04 PM
*raises glass* Here's to next month!

EDIT: Wait you mean January and February, not February and March...?
Oh, yeah, I guess I kind of count forward a bit. Current NW is end of Feb./Mar. 1st number.

And I get paid in a week, so I'll be back between monthly updates to do the happy dance!
Title: Re: Race from 10 too 100k!!
Post by: Pooperman on February 28, 2015, 04:37:33 AM
Broke $30k (and $15k in investments)!
Title: Re: Race from 10 too 100k!!
Post by: Suit on February 28, 2015, 11:30:53 AM
I hit positive net worth this month!
Title: Re: Race from 10 too 100k!!
Post by: trailrated on February 28, 2015, 12:24:46 PM
Medical cost backslide continues ahhhhhhh, will be up next month.
Title: Re: Race from 10 too 100k!!
Post by: SingleMomDebt on February 28, 2015, 12:27:59 PM
Current: $38081

Will update spreadsheet when I get to my laptop.
Title: Re: Race from 10 too 100k!!
Post by: givemesunshine on February 28, 2015, 10:02:14 PM
More medical expenses for me (and $5K more due) so happy to be up (only $300 but still a positive increase).

Hope March is a good month for you all!
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: bokonon on March 01, 2015, 06:58:41 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!
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
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:

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!!
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).
Title: Re: Race from 10 too 100k!!
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:

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!!
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).

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)
Title: Re: Race from 10 too 100k!!
Post by: johnny847 on March 01, 2015, 02:04:14 PM
My old home computer crashes each time I try to update the spreadsheet, but here are my numbers for February:

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!!
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).

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.
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.
Title: Re: Race from 10 too 100k!!
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. 
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: misschedda on March 05, 2015, 05:46:52 AM
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?
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: Pooperman on March 05, 2015, 10:30:31 AM
I estimate I'll hit $100k net worth in 12/2016, and $100k invested assets in 1/2017.
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: queenie on March 06, 2015, 08:30:50 AM
Is it okay if I jump in and I'm over $10k to start?  I just added up our net worth and we are at $18,206 but I'd love to put some pressure on myself to get to $100k.  Right now I am forecasting reaching $50k at the end of the year.

We were at $5,981 on January 1st, and I'm so excited to see that number grow!!
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: frogger on March 06, 2015, 09:12:17 AM
Payday today. I did it! I did it! 10,000 NW! I can officially start the race now, LOL!
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: johnny847 on March 06, 2015, 10:30:45 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.
And I'm a complete moron who didn't notice that there is such a spreadsheet in the OP.  /face palm
Title: Re: Race from 10 too 100k!!
Post by: ash7962 on March 06, 2015, 02:06:08 PM
Just updated my numbers for Feb.  Looks like I had a 3630$ change in NW which was something like half investment gains.  I don't expect to continue doing so well every month, but man would that be nice.  What is the Mustache themed title we achieve when we reach the 100k mark?  I expect to get there early 2016 :)
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: queenie on March 06, 2015, 04:14:41 PM
Good point!!  :)
Title: Re: Race from 10 too 100k!!
Post by: MoneyRx on March 08, 2015, 02:07:16 PM
I have just been treading water down at the bottom of this challenge the whole time, excited to get a real job in a couple months and start moving my way up the chart!!!
Title: Re: Race from 10 too 100k!!
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€.
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: Pooplips on March 09, 2015, 10:23:41 AM
I just read this whole thread and have been truly inspired by everyone's progress.

Time to join:

3/9/15 - PC Net Worth $53,877
Title: Re: Race from 10 too 100k!!
Post by: xander92 on March 12, 2015, 03:22:10 PM
I'll join the late crew! Just graduated and started working!

PC net worth: $12,368

Cash: $4.0k
Investments: $18.1k
Credit: -$0.46k
Student Loan: -$9.3k
Title: Re: Race from 10 too 100k!!
Post by: FIPurpose on March 12, 2015, 04:28:04 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.
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: Runningtuff on March 13, 2015, 11:19:01 PM
It may be some time yet, but I'll play!

Everyday: 300
Emergency fund: 5100
Retirement: 12,000

Student loan: -800 (0%)

Net worth: $16600
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: tarheeldan on March 20, 2015, 04:48:29 AM


I am now over half way to the 100k mark!

Congratulations!
Title: Re: Race from 10 too 100k!!
Post by: misschedda on March 31, 2015, 06:47:16 AM
Just updated my row of the spreadsheet and noticed that you guys have incredible percentage growth on the last few months. A lot of people's net worths are growing by 10% or more each month--way to go!
Title: Re: Race from 10 too 100k!!
Post by: givemesunshine on March 31, 2015, 05:17:23 PM
Hi all,

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!
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
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
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: seanc0x0 on April 01, 2015, 11:11:07 AM
We're really starting to feel the bite of my wife's reduced income on mat leave.  Only up 2.47% to 13,058 from 12,743. Market headwinds didn't help, but at least I did manage to scrounge up $750 after essentials to put into the fund.
Title: Re: Race from 10 too 100k!!
Post by: tarheeldan on April 01, 2015, 12:45:20 PM
Do we have any graduates yet? Where's ohyonghao?
Title: Re: Race from 10 too 100k!!
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
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: SMCx3 on April 02, 2015, 07:02:13 AM
I enjoy checking in on this thread and seeing the success stories. 

Appreciate the post!
Title: Re: Race from 10 too 100k!!
Post by: frogger on April 02, 2015, 08:56:50 AM
Mar 31, 2014: -11,000

Feb 28, 2015: 9300

Mar 31, 2015: 12,650

Up 3350 from last month.

Up 23,650 from last year.

Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: tarheeldan on April 02, 2015, 09:16:16 AM
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
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: starterstache on April 05, 2015, 12:27:47 PM
Just crossed the 40k mark this month. We only have a single income, but hoping to hit at least 55k by the end of the year. Congrats to everyone who's making great progress in this thread.
Title: Re: Race from 10 too 100k!!
Post by: JLee on April 20, 2015, 12:48:33 PM
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!
Title: Re: Race from 10 too 100k!!
Post by: Middlesbrough on April 20, 2015, 02:26:33 PM
Good job, JLee!
Title: Re: Race from 10 too 100k!!
Post by: tarheeldan on April 20, 2015, 02:31:16 PM
Congrats, JLee! Halfway to graduating this thread!
Title: Re: Race from 10 too 100k!!
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. :)
Title: Re: Race from 10 too 100k!!
Post by: JLee on April 24, 2015, 11:33:36 AM
Not going to max 401k...starting way too late in the year to be able to afford it. I should land around $12k though, and if I do have enough liquid left at year-end I will put $5500 in a tIRA.  That should put me north of $65k by year end; hopefully 90k by the end of 2016? :D
Title: Re: Race from 10 too 100k!!
Post by: Two9A on April 24, 2015, 02:04:37 PM
Alright, I'll muck in. Some caveats:
Feb 1: 10k in Vanguard.
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...
Title: Re: Race from 10 too 100k!!
Post by: minority_finance_mo on April 25, 2015, 06:18:04 AM
Just hit $10K - hoping to be at $40K by end of 2015.
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: Eristheunorganized on April 25, 2015, 02:37:11 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.
Title: Re: Race from 10 too 100k!!
Post by: tomita on April 25, 2015, 05:12:13 PM
NW 16300
(47600 invested
21500 SL
10300 credit card debt)
Title: Re: Race from 10 to 100k!!
Post by: minority_finance_mo 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!
Title: Re: Race from 10 too 100k!!
Post by: SpareChange on April 26, 2015, 10:49:18 PM
Just hit $10K - hoping to be at $40K by end of 2015.

Excellent.
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: celticmyst08 on April 28, 2015, 11:58:40 AM
Jumping in on this too! Our current NW is $31-$32k, of which $21k is invested. 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. :)
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: celticmyst08 on April 28, 2015, 02:55:40 PM
Thanks! Yeah... I should be able to double my earnings as soon as I graduate (maybe even before, if I can snag a related job while still finishing my degree), and the job prospects in the field are really positive, so even though this isn't a traditional investment I'm confident I'll be much better off financially.

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.
Title: Re: Race from 10 too 100k!!
Post by: SpareChange on April 30, 2015, 11:07:56 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!
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: seanc0x0 on April 30, 2015, 02:49:54 PM
Thanks to some tax jiggery-pokery by the account who does our taxes (family friend, it's free for us), I ended up with a MUCH larger than expected tax refund. Half went to my wife, the rest went into my accounts.  Result, a nice jump from ~13k to ~17k, or almost 32%.  Not expecting anywhere near that next month, but it does feel pretty nice!
Title: Re: Race from 10 too 100k!!
Post by: ohyonghao on April 30, 2015, 05:19:08 PM
A good rebound this month, followed by end of month stock sales.
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 :-)).
Title: Re: Race from 10 too 100k!!
Post by: frogger on April 30, 2015, 05:33:31 PM
Mar 31, 2015: 12,650

Apr 30, 2015: 15,750

Up 3100 from last month.
Title: Re: Race from 10 too 100k!!
Post by: tarheeldan on May 01, 2015, 05:25:53 AM
Great to see everyone's progress!

Hit 70k last month, 14.14% to FI and hoping to hit 100k by EOY :-)
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: celticmyst08 on May 01, 2015, 11:33:21 AM
March: $30,029
April:   $34,384

+12.7%!! Woohoo!!
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: Middlesbrough on May 01, 2015, 03:12:04 PM
Extra paycheck and tax refund make for a good month.
Title: Re: Race from 10 too 100k!!
Post by: minority_finance_mo on May 03, 2015, 10:10:22 PM
Finished off April with ~$12,000. May should end (and with it comes graduation) with me at $15,000 NW.
Title: Re: Race from 10 too 100k!!
Post by: Wiggle on May 04, 2015, 05:57:28 AM

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!
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.

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)

Title: Re: Race from 10 too 100k!!
Post by: Apples on May 04, 2015, 07:40:56 AM
Does the spreadsheet look really wonky to anyone else?  None of the entries are in order for me.  Everything is scattered around.
Title: Re: Race from 10 too 100k!!
Post by: tarheeldan on May 04, 2015, 08:45:20 AM
It was sorted weird, all the lookup formulas etc look good though.
Title: Re: Race from 10 too 100k!!
Post by: lpep on May 04, 2015, 08:12:19 PM
Some kinda false gains for me this month--my dad's had some individual stocks for me since I was tiny, and he sold a bunch of shares awhile back (with some prodding from me) and transferred the money to me to manage! Into VTSAX it goes.
Title: Re: Race from 10 too 100k!!
Post by: tlps on May 06, 2015, 04:04:07 PM
Hi all, have just joined the forum and would love to join this challenge.

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
Title: Re: Race from 10 too 100k!!
Post by: JLee on May 07, 2015, 11:59:51 AM
I finally got a mutual fund I opened in 1998 switched over to my name (vs c/o parent).  There's $3k in it.

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!
Title: Re: Race from 10 too 100k!!
Post by: tarheeldan on May 07, 2015, 12:02:15 PM
Welcome, tlps! and congrats, JLee!
Title: Re: Race from 10 too 100k!!
Post by: givemesunshine on May 12, 2015, 10:02:47 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!
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: Pooperman on May 13, 2015, 04:15:51 AM
New job comes with a 15k/yr increase in income, immediate vesting (1.5% match) of the 401k that I can contribute to immediately, but no HSA. HSAs are prorated, too, which kinda sucks since I can't just go max it. Anyways, this should increase the amount I can save every month by around $800. This should knock off about 4.5 months in getting to 100k :).
Title: Re: Race from 10 too 100k!!
Post by: tarheeldan on May 13, 2015, 04:36:39 AM
Congratulations on the new job,  Pooperman!
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: Treesworth on May 20, 2015, 11:35:42 PM
Some amazing efforts here. I think maybe we should be looking at a handicap 'prize' based on income and starting date as well as line honours.

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.
Title: Re: Race from 10 too 100k!!
Post by: ash7962 on May 21, 2015, 09:29:13 AM
This really is the best kind of competition there is... just finishing the race means you're a winner!
Title: Re: Race from 10 too 100k!!
Post by: jooles on May 21, 2015, 09:50:10 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?
Title: Re: Race from 10 too 100k!!
Post by: seanc0x0 on May 21, 2015, 02:57:20 PM
Looks like I'm going to take a hit next month. Our driveway, which we've been saving up to repair (it's been going downhill for a while) has been very badly beaten up by the harsh winter this year. It's developed multiple large holes that pose a risk to people and property, so we've had to pull the trigger on a replacement.

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.
Title: Re: Race from 10 too 100k!!
Post by: FoundPeace on May 22, 2015, 11:48:53 AM
It's been a busy month, but I just crunch my numbers from April: $50,742.21. I passed 50k! Halfway there. That's up about $31k since the start of the challenge.

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.
Title: Re: Race from 10 too 100k!!
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?
Title: Re: Race from 10 too 100k!!
Post by: KzooKendrick on May 24, 2015, 10:39:50 AM
Hey Everyone!

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"!
Title: Re: Race from 10 too 100k!!
Post by: khotte on May 24, 2015, 10:52:19 AM
I'm in the same boat as KzooKendrick! Currently at $9775 and hoping to hit $100k NW by Q3 of 2017!
Title: Re: Race from 10 too 100k!!
Post by: Pooperman on May 24, 2015, 11:10:03 AM
On course to hit $100k around Q4 2016/Q1 2017. Depends on markets and other stuff of course.
Title: Re: Race from 10 too 100k!!
Post by: SpareChange on May 25, 2015, 12:10:12 AM
Welcome Kzoo and khotte! You both seem to have excellent goals.


My own goal is to hit 100k by Feb 1, 2016. Difficult, but achievable I think. 
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: tarheeldan on May 28, 2015, 01:50:31 PM
I see what you guys are on about. I don't think either way is "wrong".

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.
Title: Re: Race from 10 too 100k!!
Post by: ash7962 on May 28, 2015, 02:02:59 PM
I'm also saving up some cash for the downpayment on a house, but I don't include that for the sake of this thread.  The downpayment funds currently exist in my bank account, and for this thread I'm only measuring the balance of my investment accounts.  Might not work for everyone if your future downpayment funds are also invested, but it might work for some.  The way I see it, when I retire I will live off of the money generated from my investment accounts only, so that is what I should be using to track my retirement progress.
Title: Re: Race from 10 too 100k!!
Post by: Treesworth on May 28, 2015, 06:19:09 PM
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.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: TonyPlush on May 29, 2015, 08:41:41 PM
I calculated my net worth for the first time in months today: $98,060.

So close...
Title: Re: Race from 10 too 100k!!
Post by: bokonon on May 30, 2015, 04:17:47 AM
Down to the last $5k!  May was good for us because we both had a three pay check month.  June will not be as good as we are traveling expensively but I still have outside hope for $100k next month!

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.
Title: Re: Race from 10 too 100k!!
Post by: tarheeldan on May 30, 2015, 05:50:36 AM
Nice! Looks like the first batch of graduates is coming up soon :-)

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
Title: Re: Race from 10 too 100k!!
Post by: Pooperman on May 30, 2015, 06:07:40 AM
Month turned out better than forecast. Up nearly $2k over last month. Slow but steady progress!

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 $24k is investments, so it won't compound as quickly as others who are taking this challenge with investments only.
Title: Re: Race from 10 too 100k!!
Post by: fb132 on May 30, 2015, 06:31:51 AM
This is a cool thread and a good motivator too to reach 100K$ 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$ (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$, how did you celebrate that achievement, I am planning to celebrate it by buying myself a treat, 2 lobsters to eat (I love eating lobster, but so expensive) :)
Title: Re: Race from 10 too 100k!!
Post by: Pooperman on May 30, 2015, 06:39:59 AM
This is a cool thread and a good motivator too to reach 100K$ 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 $100k over and over again... with more celebrations each time!
Title: Re: Race from 10 too 100k!!
Post by: ohyonghao on May 30, 2015, 10:10:07 AM
For those who hit 100K$, 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
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: McStache on May 30, 2015, 03:16:29 PM
I'm up $54k since the start of the challenge and am on track to see six figures by the end of the year.  Every month I see the dial move a bit, but it's crazy to step back and see that sort of year-to-year change.
Title: Re: Race from 10 too 100k!!
Post by: bye-bye Ms. FancyPants on May 30, 2015, 05:05:05 PM
I want in (late I know) -investments (cash) only, beginning of the year = $53,940.00. May 2015 = $66,564.00. Looking to add another at least another $17,000 to total by the end of the year. Year end goal - $84,000.00. Man, wouldn't be nice to hit that 100,000 by the end of the year?? Hummmmmm. **side hustle, OT, re-budget**
Title: Re: Race from 10 too 100k!!
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!

Title: Re: Race from 10 too 100k!!
Post by: minority_finance_mo on May 31, 2015, 07:20:58 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!!
Title: Re: Race from 10 too 100k!!
Post by: tlps on May 31, 2015, 09:07:34 AM
Net worth increase of £761.48 for May 2015

from £2326.44 to £3087.92 increase of 32.7%.........3.1% of the way to £100k
Title: Re: Race from 10 too 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!
Title: Re: Race from 10 too 100k!!
Post by: minority_finance_mo 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
Title: Re: Race from 10 too 100k!!
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)
Title: Re: Race from 10 too 100k!!
Post by: Pooperman on June 01, 2015, 05:15:46 AM
Seems to be very consistent wiggle!
Title: Re: Race from 10 too 100k!!
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
Title: Re: Race from 10 too 100k!!
Post by: ohyonghao on June 01, 2015, 10:17:51 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.
Title: Re: Race from 10 too 100k!!
Post by: seanc0x0 on June 01, 2015, 10:29:32 AM
Forum tells me I already posted this, but I'm sure not seeing it. So apologies if this is a repost.

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'!
Title: Re: Race from 10 too 100k!!
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!!!
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
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?
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
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 :).
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: tarheeldan on June 04, 2015, 11:03:05 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 !!!

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
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: MEJG on June 05, 2015, 08:56:48 AM
I've been on a LONG Hiatus from MMM.... Can I join even at negative NW?

End of May:  -$59,533.84
Title: Re: Race from 10 too 100k!!
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! :)
Title: Re: Race from 10 too 100k!!
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
Title: Re: Race from 10 too 100k!!
Post by: khotte on June 05, 2015, 06:39:00 PM
Awesome! Where are you looking to move to?


Sent from my iPhone using Tapatalk
Title: Re: Race from 10 too 100k!!
Post by: kpd905 on June 05, 2015, 06:50:16 PM
I'm getting so close, we are at $80,000 in investments right now.  We are getting married in about 6 weeks, so I have been building up more cash than we need.  After the wedding I plan to max out both tIRAs for the year.  That plus 401k contributions will get us to $100,000 in either September or October.
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
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
Title: Re: Race from 10 too 100k!!
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!!
Title: Re: Race from 10 too 100k!!
Post by: JLee on June 09, 2015, 02:15:53 PM
Home values are climbing - comps are showing my house should be worth about $20k over what I paid for it less than 3 years ago. I also max'd my tiRA for 2015 - first IRA contribution ever (excluding rollovers)!

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. :)
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: jooles on June 26, 2015, 04:21:50 PM
I'm in.  Just wanting to track how long it takes to add the next 100k to the NW. 

Aaand we're off!
Title: Re: Race from 10 too 100k!!
Post by: Eristheunorganized on June 29, 2015, 02:29:13 PM
My last post was a little different from my mint snapshot; I don't tend to count my car and motorcycle when I look at my net worth. June wasn't very good for me; but I'm still going in the right direction. The debt is my chase freedom card.
Title: Re: Race from 10 too 100k!!
Post by: johnny847 on June 29, 2015, 02:35:56 PM
Ah Greece.

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.
Title: Re: Race from 10 too 100k!!
Post by: Eristheunorganized on June 29, 2015, 03:17:37 PM
Yeah. Everything is about to be on sale. Good for me, bad for my portfolio's self esteem.
Title: Re: Race from 10 too 100k!!
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 ;)
Title: Re: Race from 10 too 100k!!
Post by: fb132 on June 29, 2015, 04:20:51 PM
Ah Greece.

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.
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.
Title: Re: Race from 10 too 100k!!
Post by: Pooperman on June 30, 2015, 07:29:49 AM
Will know the results at the end of the day, but NW is way down. About $2,500 down due to an accident with the old car. As far as my accounting goes, it's worth nothing until it is sold, declared a total loss, or whatever.
Title: Re: Race from 10 too 100k!!
Post by: celticmyst08 on June 30, 2015, 11:15:28 AM
Won't know for sure until tomorrow, but my prelimary estimates look like our end of June number will be ~$42.6k. That's up 11% from last month. I can't wait to get the final numbers! I really think we can hit $60k by the end of 2015!
Title: Re: Race from 10 too 100k!!
Post by: CanIndian on June 30, 2015, 09:31:08 PM
I have been a perennial lurker on this forum and this is my first post. I hope you guys are open to let a complete noobie run along on this “everyone’s a winner” race. A detailed post or a journal is long overdue, but I will try to keep it short for this thread.

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 that’s 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!! that’s a long first post. I promise to keep it simple from next week.
Title: Re: Race from 10 too 100k!!
Post by: SpareChange on June 30, 2015, 11:20:45 PM
Welcome to the new peeps!

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.
Title: Re: Race from 10 too 100k!!
Post by: Bart1ma3u5 on July 01, 2015, 04:21:17 AM
June will be my first negative month since joining the thread, atleast on paper. The reality is much better though as there is a month's worth of hotels and travel costs from last month for work that are weighing me down heavily, when that is reimbursed hopefully in the next week or two (hopefully the market keeps falling in the meantime so I am making a larger than average purchase on the cheap ;)) I should jump back up quickly.
Title: Re: Race from 10 too 100k!!
Post by: fb132 on July 01, 2015, 05:25:10 AM
2015 Net worth:
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.
Title: Re: Race from 10 too 100k!!
Post by: MEJG on July 01, 2015, 05:47:05 AM
NW May 31, 2015: -59,533.84
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.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: tarheeldan on July 01, 2015, 03:00:16 PM
Hm..the spreadsheet looks funny :/ Methinks someone had trouble with the "sort" feature. Undo!

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 :-)
Title: Re: Race from 10 too 100k!!
Post by: Treesworth on July 02, 2015, 12:05:04 AM
Looks like someone accidently deleted some cells, then someone updated the spreadsheet to the new current values column, then someone has sorted incorrectly. We need to go back to the 0154GMT on the 1st of July version.

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.
Title: Re: Race from 10 too 100k!!
Post by: ash7962 on July 02, 2015, 12:18:44 PM
Hmmm I actually saved a lot of money in June since was net about 2100$ in cash.  The investment accounts offset that progress by a bunch though.  Hopefully things will look better in July, but ended June at 71735$.  Also had to pick up a loan repayment for 500$ a month which is coming directly from the funds I was using to invest.  Hoping to use that as motivation to cut back on some of the lifestyle creep I've been letting in recently.
Title: Re: Race from 10 too 100k!!
Post by: Apples on July 05, 2015, 10:25:59 AM
You know, I get on this thread to update my progress, and I look around at the other people in the top 10 Net Worths or so in this group and think "wow they're increasing their NWs so fast!" and I get the slight feeling that we're moving slowly.  Then I realize I had only hoped our NW would go up 30k this year (stock market and God be willing) and look to see that it has already gone up almost 20K in 6 months.  So basically we're kicking ass.  Thanks to everyone in this group for being awesome motivators.
Title: Re: Race from 10 too 100k!!
Post by: hope2retire on July 05, 2015, 06:49:46 PM
Just curious what is the average increase in NW per month or per year in this thread, who start with 10K or less at the beginning? From this we can calculate how long will it take to reach a 100k delta from zero on an average. Also, what is the average salary (guesstimate) on this thread? This could shed some light on what investment vehicle contributed to the rapid increase in NW for some. 

H2R
Title: Re: Race from 10 too 100k!!
Post by: KzooKendrick on July 05, 2015, 06:56:45 PM
This is a great idea - we could definitely add two columns to the spreadsheet. One can auto-calculate based on average NW change and the other we can let folks fill in as they feel comfortable.

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
Title: Re: Race from 10 too 100k!!
Post by: seanc0x0 on July 06, 2015, 10:46:07 AM
Ugh, my paltry contribution of $250 at the end of the month got me to +$5 last month. A combination of market headwinds and reduced contributions as we stockpile cash for renovations.

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! :)
Title: Re: Race from 10 too 100k!!
Post by: frogger on July 11, 2015, 04:40:29 PM
Nobody mind me this month (or next...or the one after). I'll be dropping NW until October--nine month pay calendar will do that.

May 31st: 21300
June 30th: 20200
Title: Re: Race from 10 too 100k!!
Post by: MVal on July 14, 2015, 10:37:23 PM
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!
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: Rodgers12 on July 17, 2015, 09:13:54 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.
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: Runningtuff on July 24, 2015, 02:30:09 PM
Paid off my student loan this month - it was 0% but still a nice milestone.

Also got the government retirement credit of $500 for the year, so currently sitting at $22,800, from $16,600 a year and a bit ago. It's encouraging to see it add up with just small steps.
Title: Re: Race from 10 too 100k!!
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

Title: Re: Race from 10 too 100k!!
Post by: markbike528CBX on July 26, 2015, 02:34:56 PM
Great thread and stories.   
Too old to participate, but i'm following to be able to show others
IT CAN BE DONE!
Title: Re: Race from 10 too 100k!!
Post by: JLee on July 27, 2015, 01:05:58 PM
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!
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: FrugalShrew on July 30, 2015, 03:27:49 PM
It's funny what a psychological drag debt can be. I'm actually at slightly more than $10K net worth, but I still feel "in the hole" because my student loans are not yet paid off. I don't think any warm and fuzzy positive net worth feelings will manifest until I feel the relief of that debt being eliminated. That being said, it is nice to finally be at the start line of this gauntlet.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
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. 
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: Eristheunorganized on July 31, 2015, 09:35:15 PM
My net worth went up very slowly. $63,924--->$65,555. This is partly because I bought a bicycle this month to replace mine that was stolen over the winter.
Also- I'm planning on selling my motorcycle, but have been lazy about it.
Title: Re: Race from 10 too 100k!!
Post by: bokonon on August 01, 2015, 05:56:05 AM
Well, we did it :)!  My wife and I have settled in above the $100k mark!!!  I was thinking to myself the other day, *if* everything goes according to plan, then I may never be worth less than $100k for the rest of my life.  Kind of a crazy thought!

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!

Title: Re: Race from 10 too 100k!!
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
Title: Re: Race from 10 too 100k!!
Post by: fb132 on August 01, 2015, 06:48:10 AM
2015 Net worth:
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$ :)
Title: Re: Race from 10 too 100k!!
Post by: Pooperman on August 01, 2015, 07:44:27 AM
Back above $35k. Kinda sucks to be back in the time between April and May in terms of net worth, but it happens.
Title: Re: Race from 10 too 100k!!
Post by: starterstache on August 01, 2015, 08:24:41 AM
Just crossed the $50K mark yesterday!  $50,255 to be exact :)  Hope to be reaching the 100K mark by the end of next year.  Great work everyone :)
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
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.

Title: Re: Race from 10 too 100k!!
Post by: Eristheunorganized on August 01, 2015, 08:37:47 PM
Congratulations everybody!
Title: Re: Race from 10 too 100k!!
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
Title: Re: Race from 10 too 100k!!
Post by: psinguine on August 02, 2015, 04:29:15 PM
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.
Title: Re: Race from 10 too 100k!!
Post by: givemesunshine on August 02, 2015, 04:49:58 PM
Hi all,

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!
Title: Re: Race from 10 too 100k!!
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
Title: Re: Race from 10 to 100k!!
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?
Title: Re: Race from 10 too 100k!!
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.

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.
You're over halfway there already!
Title: Re: Race from 10 too 100k!!
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.

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.
You're over halfway there already!

And you're only 5k further from 250k than those of starting this race at 10k are from 100k :D
Title: Re: Race from 10 too 100k!!
Post by: MEJG on August 06, 2015, 12:52:41 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 :)
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: kpd905 on August 07, 2015, 05:12:04 PM
Well, we got married 2 weeks ago and spent way less on the wedding than I was prepared for, so I maxed out both of our traditional IRAs for the year.  This brings us up to about $92,400 in investments.  I am hoping that we will hit $100k sometime in October or early November.
Title: Re: Race from 10 too 100k!!
Post by: Woodro85 on August 13, 2015, 08:51:52 PM
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).

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
Title: Re: Race from 10 too 100k!!
Post by: tarheeldan on August 14, 2015, 10:09:51 AM
Welcome Woodro85! Looks like you saved just about 55% of gross over the past 12 months. Awesome!
Title: Re: Race from 10 too 100k!!
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).

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   $52,700.00
I include all my pre tax investments, for example, at work, 45$ 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.
Title: Re: Race from 10 too 100k!!
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).

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   $52,700.00
I include all my pre tax investments, for example, at work, I pay 45$ 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.

I agree. Count it. I only count the vested portion for these sorts of things.
Title: Re: Race from 10 too 100k!!
Post by: JLee on August 14, 2015, 10:54:33 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...
Title: Re: Race from 10 too 100k!!
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.

So close...
Calculated it today: $104K!!!

Feels pretty damn good.
Title: Re: Race from 10 too 100k!!
Post by: tarheeldan on August 17, 2015, 09:02:04 AM
Congratulations, TonyPlush!!
Title: Re: Race from 10 too 100k!!
Post by: fb132 on August 17, 2015, 10:45:50 AM
I calculated my net worth for the first time in months today: $98,060.

So close...
Calculated it today: $104K!!!

Feels pretty damn good.
Congrats :) Now you can join the 100-250K club.
Title: Re: Race from 10 too 100k!!
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.

So close...
Calculated it today: $104K!!!

Feels pretty damn good.

Congratulations!! :)
Title: Re: Race from 10 too 100k!!
Post by: jooles on August 17, 2015, 11:58:20 AM
Added 1k to the savings this week.
Title: Re: Race from 10 too 100k!!
Post by: celticmyst08 on August 17, 2015, 12:34:06 PM
Belated July NW post, since we've been on vacation and busy with the end of the summer semester etc.

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.)
Title: Re: Race from 10 too 100k!!
Post by: Pooperman on August 17, 2015, 01:56:20 PM
So, my old company was bought (which is part of why I left). As a result, I got my match vested when it otherwise wouldn't be. Networth + $1,250 :D. Should be just a bit higher than $38k at the end of this month, depending on how much is spent over the next two weeks and whether or not the paycheck comes on the 31st or 1st. It's good to be on the way up after floundering for the last few months!
Title: Re: Race from 10 too 100k!!
Post by: FIPurpose on August 18, 2015, 09:23:04 AM
I also have now finished the competition! I am only counting liquid investments in my number. My current goal is to make to $500k by mid 2019, and then slow travel the globe for a year.

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!
Title: Re: Race from 10 too 100k!!
Post by: SpareChange on August 18, 2015, 11:27:22 AM
Good job, TonyPlush and Flyingcircle!!!
Title: Re: Race from 10 too 100k!!
Post by: ranchingretirement on August 21, 2015, 09:05:37 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!
Title: Re: Race from 10 too 100k!!
Post by: celticmyst08 on August 21, 2015, 09:43:29 PM
Welcome! Sounds like you guys are well on your way! We're shooting for $100k by mid-2016 too :D
Title: Re: Race from 10 too 100k!!
Post by: fb132 on August 24, 2015, 04:20:50 PM
I haven't calculated my networth of August yet, but I could already tell my networth will go down for the second time this year because of the stock market. On one side, I am super happy that I will buying some shares on sale when September hits (unless there's an amazing recovery)...but on the other hand, it is sad when you see your networth go down.
Title: Re: Race from 10 too 100k!!
Post by: JLee on August 24, 2015, 06:35:25 PM
Yeah...I don't anticipate posting many updates here in the near future.  :P
Title: Re: Race from 10 too 100k!!
Post by: CanIndian on August 31, 2015, 05:44:36 AM
May 2015: $63,000
June 2015: $65,550
July 2015: $74,250
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.

May 2015: $63,000
June 2015: $65,550
July 2015: $74,250
Aug 2015: $73,900
Title: Re: Race from 10 too 100k!!
Post by: ahueston on August 31, 2015, 08:33:43 AM
Just wanted to say good luck everyone in this tread.  I enjoy reading all of your success stories.

Keep it up!
Title: Re: Race from 10 too 100k!!
Post by: Pooperman on August 31, 2015, 02:29:41 PM
Despite the headwinds, initial calculations show a new worth of $37,759.70 (up from $35,569.17). Much of this is due to a combination of not spending everything we earned this month and getting the 401k match that wasn't vested when I moved it over to an IRA. I ended up with this money (about $1200) due to the previous company being acquired by another at the time of my leaving and moving 401k providers. Finally passed the old high-water mark set in May ($36,579.20). Hopefully future months are better to our net worth than the past few have been!
Title: Re: Race from 10 too 100k!!
Post by: frogger on August 31, 2015, 08:37:11 PM
Hmm, tough summer. Not getting paid for three months, plus moving, plus some adventures makes for a trend in the wrong direction.

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!
Title: Re: Race from 10 too 100k!!
Post by: SpareChange on September 01, 2015, 12:09:20 AM
Up $1,744. Slowest month on the spreadsheet for me I believe, despite earning a decent amount of overtime. The market giveth, and the market taketh away....
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: fb132 on September 01, 2015, 07:32:23 AM
2015 Net worth:
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$
August: 71 906,04$

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.
Title: Re: Race from 10 too 100k!!
Post by: seanc0x0 on September 01, 2015, 09:54:26 AM
Forgot to do last month, as I was on vacation, so this reflects two of months.

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!)
Title: Re: Race from 10 too 100k!!
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
Title: Re: Race from 10 too 100k!!
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.

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!)
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.
Title: Re: Race from 10 too 100k!!
Post by: Eristheunorganized on September 01, 2015, 12:54:46 PM
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.
Title: Re: Race from 10 too 100k!!
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.

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!)
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.

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.
Title: Re: Race from 10 too 100k!!
Post by: mrteacher on September 01, 2015, 04:58:57 PM
Jumping in!

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.
Title: Re: Race from 10 too 100k!!
Post by: tarheeldan on September 01, 2015, 05:04:04 PM

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
Good luck on the raise!
Title: Re: Race from 10 too 100k!!
Post by: tarheeldan on September 01, 2015, 05:05:25 PM
Jumping in!

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.
Welcome!
Title: Re: Race from 10 too 100k!!
Post by: Middlesbrough on September 01, 2015, 08:25:50 PM
Company match came in later than the last couple years. Help offset market downturns.
Title: Re: Race from 10 too 100k!!
Post by: Rodgers12 on September 02, 2015, 06:21:52 AM
Well just like most people the market brought my net worth down in August. First time this year my net worth decreased. The good news is it wasn't self inflicted (ie creating debt). Hopefully I can save even more the next few months to capitalize on lower stock prices and keep making my net worth climb north.

7/31/2015: $36,978
8/31/2015: $34,949
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: katthjul on September 02, 2015, 09:12:41 AM
Joining as well. I was waiting for the new month only to almost miss it.

2015-08-31 €9,999
Title: Re: Race from 10 too 100k!!
Post by: carozy on September 02, 2015, 03:40:59 PM
I decided to join in again.  I just paid off a medical bill and will be getting a new job and a raise soon (yay!).  The medical bill payment doesn't reflect in my net worth from 8/31/15 but will show up on this month's.  I figured out the spreadsheet doesn't crash using Explorer although the % change doesn't show anything.  I checked and the formula is entered but it doesn't seem to be computing.  I'm not sure if that's an Explorer thing or what.  I do like participating and now that I know it won't crash with Explorer, I will.  :)

EDIT: I just re-opened it in Explorer and it looks like it's working fine now.  Yay!  :)
Title: Re: Race from 10 too 100k!!
Post by: SpareChange on September 02, 2015, 04:54:07 PM
Welcome back, carozy!! And welcome to all the other new posters!
Title: Re: Race from 10 too 100k!!
Post by: tarheeldan on September 02, 2015, 05:09:22 PM
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 :/
Title: Re: Race from 10 too 100k!!
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!!
Title: Re: Race from 10 too 100k!!
Post by: ash7962 on September 03, 2015, 07:51:15 AM
Ooph.  I took a hit this month since for this challenge I'm only including my investment accounts as part of my NW.  Also not able to take advantage of the downturn as much as I'd like since I've diverted investable funds to helping my parents pay back a loan.  Ah well, that's how it goes.
Title: Re: Race from 10 too 100k!!
Post by: zephyr911 on September 03, 2015, 08:36:13 AM
Can I join in, but make this just for my TSP?

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.
Title: Re: Race from 10 too 100k!!
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.  :(
Title: Re: Race from 10 too 100k!!
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 :-)
Title: Re: Race from 10 too 100k!!
Post by: tarheeldan on September 03, 2015, 11:05:08 AM
I think I got the spreadsheet back to normal-ish? Added columns through the end of the year too.
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: NJAbroad on September 05, 2015, 03:52:31 AM
I would like to join this challenge.  According to YNAB, our current net worth is:

5 Sep 2015 - $13,058
Title: Re: Race from 10 too 100k!!
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:

5 Sep 2015 - $13,058
Welcome!
Title: Re: Race from 10 too 100k!!
Post by: celticmyst08 on September 05, 2015, 03:32:35 PM
As I anticipated, our net worth dropped this month, by 4.72%. We paid over $6k in tuition and books, plus our investment portfolio dropped due to the stock market issues. All in all, I am pretty happy that we only dropped 4.72%! We're still on target to hit $60k by the end of the year.

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
Title: Re: Race from 10 too 100k!!
Post by: FoundPeace on September 16, 2015, 09:43:59 AM
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.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: FoundPeace on September 30, 2015, 04:45:32 PM
Up to $65,513.33 thanks to a three paycheck month. We are now ready to get approved for a mortgage and will probably buy sometime during the next few months (I expect a down payment somewhere between $45k and $55k). After that point I'll have to do this again with investments only.
Title: Re: Race from 10 too 100k!!
Post by: frogger on September 30, 2015, 05:48:04 PM
Aug. 31, 2015: $15,350
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.
Title: Re: Race from 10 too 100k!!
Post by: SpareChange on October 01, 2015, 12:18:07 AM
Up ~$2,300. Chugging onward...through....market....headwinds...
Title: Re: Race from 10 too 100k!!
Post by: mrteacher on October 01, 2015, 04:39:25 AM
Broke $80k!!!

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.
Title: Re: Race from 10 too 100k!!
Post by: Rodgers12 on October 01, 2015, 06:18:06 AM
Rough month of spending for me. Buddy of mine ended up selling me 5 of his Packer game tickets for face value so I couldn't pass those up. Ending up pushing me over my monthly budget by roughly $600. Still was able to save a tad over 50% of my take home so all in all it wasn't too bad of a month.

7/31/2015: $36,978
8/31/2015: $34,949
9/30/2015: $35,722
Title: Re: Race from 10 too 100k!!
Post by: Pooperman on October 01, 2015, 06:24:59 AM
Broke $40k :) $41,566.54
Title: Re: Race from 10 too 100k!!
Post by: charis on October 01, 2015, 08:07:38 AM
I just discovered this thread.  We recently broke $40K.

10/1: $40,249
Title: Re: Race from 10 too 100k!!
Post by: ash7962 on October 01, 2015, 10:17:47 AM
Investment accounts have been on the decline in the last two months.  Not a big deal, but makes me a little sad when I look at this thread.  This month I had planned on throwing some excess funds at investments but that got derailed by 1k in vet bills.  Got these kitties pre-MMM, and the vet bills make me wonder what I was thinking.  However, kitty is recovering and happy so that makes me happy. The cool thing is that I still didn't outspend my paycheck last month (thank you MMM), so this definitely falls under the "first world problem" umbrella for many reasons.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: Eristheunorganized on October 01, 2015, 11:20:12 PM
Net worth went down $100. Ouch. $64,008
Title: Re: Race from 10 too 100k!!
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)
Title: Re: Race from 10 too 100k!!
Post by: frugalfanny on October 02, 2015, 01:30:35 PM
Started the year at $25,138, now up to $35,544! I hope to close out the year around $42K, but that's all going to depend on the market.
Title: Re: Race from 10 too 100k!!
Post by: Woodro85 on October 05, 2015, 03:08:22 PM
Was up $1,785.94 for the month (down quite a bit from past months due to the market), and just received a $9K annual salary increase! Should be at around $65K NW by end of the year but shooting for $70K by December 31, 2015.

I also have a temporary roommate for a few months which helps earn a few hundred extra dollars per month.
Title: Re: Race from 10 too 100k!!
Post by: Pooperman on October 05, 2015, 03:24:19 PM
Broke $50k!! These past few months have had large increases due to marriage... About $12k from $39k to $51k.
Title: Re: Race from 10 too 100k!!
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.

May 2015: $63,000
June 2015: $65,550
July 2015: $74,250
Aug 2015: $73,900
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.
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.
Title: Re: Race from 10 too 100k!!
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
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: givemesunshine on October 18, 2015, 08:27:45 PM
Hi all,

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.
Title: Re: Race from 10 too 100k!!
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
Title: Re: Race from 10 too 100k!!
Post by: Pooperman on October 30, 2015, 06:35:48 AM
Initial estimate is about $52,150. How the markets have changed and official counting of money hasn't happened yet (and won't until Sunday), so official numbers will not be known until then. I put in the estimate for now since it's within $500 of being correct... I think.
Title: Re: Race from 10 too 100k!!
Post by: SpareChange on October 30, 2015, 10:50:32 AM
Yay for 3-paycheck months! The market of course was kinder as well. Up over $8k to ~82,550.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: Malum Prohibitum on October 31, 2015, 10:47:49 AM
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

I did not track it in August and September . . .  just tried to find a little money to put in the 401(k).
Title: Re: Race from 10 too 100k!!
Post by: Malum Prohibitum on October 31, 2015, 10:50:36 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
   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.
Title: Re: Race from 10 too 100k!!
Post by: Apples on November 01, 2015, 07:47:12 AM
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 :)
Title: Re: Race from 10 too 100k!!
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!!
Title: Re: Race from 10 too 100k!!
Post by: frogger on November 01, 2015, 11:33:22 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.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: mrteacher on November 01, 2015, 11:42:41 AM
I had a great October, in large part as a result of the markets!

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!!!
Title: Re: Race from 10 too 100k!!
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.
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.
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.
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
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: steveo on November 01, 2015, 01:29:35 PM
I'm well above 100k in net worth however I'm at about 50k net worth outside of my house and my retirement funds. I'm going to join in this one. Looking to get to 100k net worth outside my house and retirement funds (not accessible until I'm 60) next year.
Title: Re: Race from 10 too 100k!!
Post by: celticmyst08 on November 01, 2015, 06:29:49 PM
Officially over halfway there!!

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
Title: Re: Race from 10 too 100k!!
Post by: Pooplips on November 02, 2015, 06:31:57 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
   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.

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.
Title: Re: Race from 10 too 100k!!
Post by: Malum Prohibitum on November 02, 2015, 08:28:44 AM
Officially over halfway there!!

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
  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.

I need to kick my rear end into gear and get this net worth thing moving . . .
Title: Re: Race from 10 too 100k!!
Post by: $40Kby40 on November 02, 2015, 08:43:30 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
Title: Re: Race from 10 too 100k!!
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!

Title: Re: Race from 10 too 100k!!
Post by: Woodro85 on November 02, 2015, 02:12:14 PM
Congrats to Apple for graduating to the next step!
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

Title: Re: Race from 10 too 100k!!
Post by: celticmyst08 on November 02, 2015, 03:09:08 PM
Officially over halfway there!!

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
  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.

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
Title: Re: Race from 10 too 100k!!
Post by: SpareChange on November 02, 2015, 11:38:12 PM
I don't see any -% changes on the sheet for Oct...great job guys!
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: kickel on November 03, 2015, 09:12:38 AM
Finally remembered my password! Things are moving great especially with the market rise recently. Looking at my accounts they've had a $10,000 swing over the past month. It's weird to second guess if I should spend $5-10 on a meal when your account moves that much. Anyways I'm hoping to reach $100,000 by year end. It'll be a stretch but with some market tailwind could very well happen. I'm jealous of the people who are able to put away a couple thousand a month, it's a good motivator though, to encourage me to up my commissions.
Title: Re: Race from 10 too 100k!!
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!!!
Title: Re: Race from 10 too 100k!!
Post by: Rodgers12 on November 03, 2015, 12:27:30 PM
7/31/2015: $36,978
8/31/2015: $34,949
9/30/2015: $35,722
10/31/2015: $37,797
Title: Re: Race from 10 too 100k!!
Post by: tarheeldan on November 11, 2015, 04:57:07 AM
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!
Title: Re: Race from 10 too 100k!!
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!!
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
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! :)
Title: Re: Race from 10 too 100k!!
Post by: tarheeldan on November 20, 2015, 10:45:42 AM
$105,781! :)

Congratulations!!!!!!!
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: kpd905 on November 20, 2015, 06:40:03 PM
I'm at right around $98,500 in investments right now.  It seems like I have been sooooo close for a month now.  Maybe two weeks to go or so.
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: tarheeldan on November 28, 2015, 05:34:23 AM
Last month: 87,861.41
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.
Title: Re: Race from 10 too 100k!!
Post by: SpareChange on November 29, 2015, 07:28:32 PM
Up $2,805.29, to $85, 354.64. Was able to pick up some call to offset a few extra expenses coming due. Still eyeing Feb/Mar for graduation.
Title: Re: Race from 10 too 100k!!
Post by: CanIndian on November 29, 2015, 10:05:26 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.
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.
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.
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
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.

June 2015: $65,550
July 2015: $74,250
Aug 2015: $73,900
Sep 2015: $78,300
Oct 2015: $86,014
Nov 2015: $88,620
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
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
Title: Re: Race from 10 too 100k!!
Post by: Pooperman on November 30, 2015, 04:24:46 PM
Market went sideways, so NW went up by the amount saved ($2k), which now puts my family at $55,100, up from $0 in July 2014.
Title: Re: Race from 10 too 100k!!
Post by: $40Kby40 on November 30, 2015, 11:42:31 PM
30 Oct - $30,648
30 Nov - $32,564

Title: Re: Race from 10 too 100k!!
Post by: mrteacher on December 01, 2015, 08:16:07 AM
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.
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: AcftW on December 01, 2015, 08:11:54 PM
Is it too late to join this? 

Just hit $40,061 as of 1 December.
Title: Re: Race from 10 too 100k!!
Post by: tarheeldan on December 01, 2015, 08:13:38 PM
Is it too late to join this? 

Just hit $40,061 as of 1 December.
Welcome!
Title: Re: Race from 10 too 100k!!
Post by: AcftW on December 01, 2015, 08:18:57 PM
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.
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 too 100k!!
Post by: onehair on December 02, 2015, 08:53:01 AM
At present according to the excel pie chart my net worth is $19,459.  i am carrying $6062 in debts.
Title: Re: Race from 10 to 100k!!
Post by: Woodro85 on December 04, 2015, 10:32:28 AM
Welcome AcftW!

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!
Title: Re: Race from 10 to 100k!!
Post by: celticmyst08 on December 04, 2015, 09:09:37 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: 54,243.55
Nov 2015: 59,392.35

Up 9.49%! Sooo close to $60k, which is our end of 2015 goal.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: Mazzinator on December 07, 2015, 06:48:17 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!!!
Savings $138,560
Debt $46,822

NW = $91,738 grrrr it went down...
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: Malum Prohibitum on December 07, 2015, 03:09:37 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: 54,243.55
Nov 2015: 59,392.35

Up 9.49%! Sooo close to $60k, which is our end of 2015 goal.
  And you're still ahead in November!  I can see your tail lights and am choking on your dust!
Title: Re: Race from 10 to 100k!!
Post by: celticmyst08 on December 08, 2015, 04:01:12 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: 54,243.55
Nov 2015: 59,392.35

Up 9.49%! Sooo close to $60k, which is our end of 2015 goal.
  And you're still ahead in November!  I can see your tail lights and am choking on your dust!

If you keep up those 17% increases, you'll pass me in no time. :P
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 to 100k!!
Post by: SGontour on December 22, 2015, 07:40:14 AM
I am based in Switzerland, thus calculating in Swiss Francs (CHF), which at the moment is trading almost 1-to-1 to the USD. Following numbers are just my invested money (I am all in, so no emergency account, just what I need for 1 month & ignoring the value of my apartment as It is not an investment and 95% of it is financed by mortgages):

January 2015: CHF 49,805
...
November 2015: CHF 66,524
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: edmundblackadder on December 30, 2015, 11:07:24 AM
Looks like I'll end 2015 at almost exactly 50K NW. I'm not sure what my NW was this time last year, as I wasn't tracking it particularly closely, but I'd guess 29K plus-or-minus. A reasonable goal for 2016 is 25K saved; my stretch goal is 35K.
Title: Re: Race from 10 to 100k!!
Post by: SpareChange on December 30, 2015, 12:50:09 PM
Lower than avg expenses + holiday OT = good month. Up over 5k (6.02%) to just over 90K. Home stretch! ;).

Up 56,770.74 for the year.
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: Pooperman on December 31, 2015, 05:53:36 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.
Title: Re: Race from 10 to 100k!!
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. ;)
Title: Re: Race from 10 to 100k!!
Post by: Woodro85 on December 31, 2015, 12:28:51 PM
I broke my Goal of 70k networth to start 2016.
$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!
Title: Re: Race from 10 too 100k!!
Post by: $40Kby40 on January 01, 2016, 04:01:51 AM
30 Oct - $30,648
30 Nov - $32,564

30 Dec - $37,354
Title: Re: Race from 10 too 100k!!
Post by: katthjul on January 01, 2016, 04:49:18 AM
2015-08-31 €9,999
2015-09-30 €9,986
2015-10-30 €14,504
2015-11-30 €16,724
2015-12-31 €16,743
A very small increase from last month due to less savings, but 2015 ends with an overall increase of 67%.

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.
Title: Re: Race from 10 to 100k!!
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! ;).

Up 56,770.74 for the year.
Nice jump! We're almost there
Title: Re: Race from 10 to 100k!!
Post by: tarheeldan on January 01, 2016, 06:23:35 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.
Soooo close!
Title: Re: Race from 10 to 100k!!
Post by: tarheeldan on January 01, 2016, 06:25:06 AM
I broke my Goal of 70k networth to start 2016.
$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!
Happy New Year! Congrats on reaching your goal!
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 to 100k!!
Post by: McStache on January 01, 2016, 04:15:19 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.
Title: Re: Race from 10 too 100k!!
Post by: AcftW on January 01, 2016, 05:18:41 PM
$40,061 - 1 Dec 2015
$43,153 - 1 Jan 2016

Slowly but surely.  Market got me a bit, but stayed in the black.
Title: Re: Race from 10 to 100k!!
Post by: GoldenNeko on January 01, 2016, 06:11:59 PM
Finally being able to join the race!

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 ^^)

Title: Re: Race from 10 to 100k!!
Post by: celticmyst08 on January 01, 2016, 10:38:15 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: 54,243.55
Nov 2015: 59,392.35
Dec 2015: 63,072.56
Title: Re: Race from 10 to 100k!!
Post by: carozy on January 02, 2016, 03:28:13 PM
Looks like I am about $20 short of getting into the Second Day No Shave category!  Gr!
Title: Re: Race from 10 to 100k!!
Post by: mastrr on January 02, 2016, 04:17:57 PM
I'll be joining this thread for 2016.  My NW may actually decrease this year due to a job change.  Posting mostly to hold myself accountable for my results.

Total Assets: $174,000
Total Debt (including mortgage): $141,426

Jan 2016 - $32,795
Title: Re: Race from 10 to 100k!!
Post by: kpd905 on January 02, 2016, 07:23:10 PM
Just hit $100k in investment for the first time on December 28th.  Took us roughly 2 years and 10 months from our first investment.  I'm curious to see how long the next $100k takes.
Title: Re: Race from 10 to 100k!!
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! ;).

Up 56,770.74 for the year.
Nice jump! We're almost there

Thanks! Yes, we are!
Title: Re: Race from 10 to 100k!!
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!!! :)
Title: Re: Race from 10 to 100k!!
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
Title: Re: Race from 10 to 100k!!
Post by: JLee on January 03, 2016, 08:36:43 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
Title: Re: Race from 10 to 100k!!
Post by: steveo on January 04, 2016, 01:12:29 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.


Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
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!
Title: Re: Race from 10 to 100k!!
Post by: tarheeldan on January 05, 2016, 07:42:36 PM
$91,055.26 - beat my target of $90,500 for the year but was hoping to be a bit closer to the finish line.
Title: Re: Race from 10 to 100k!!
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
Title: Re: Race from 10 to 100k!!
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!
Title: Re: Race from 10 to 100k!!
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!
Title: Re: Race from 10 to 100k!!
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!).
Title: Re: Race from 10 too 100k!!
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.

June 2015: $65,550
July 2015: $74,250
Aug 2015: $73,900
Sep 2015: $78,300
Oct 2015: $86,014
Oct 2015: $88,620
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.
Title: Re: Race from 10 to 100k!!
Post by: FIRE_Buckeye on January 07, 2016, 11:20:23 PM
In on this thread
Started 2016 at around 55k NW (though, like everyone else, have been getting facepunched by the market this week).
Title: Re: Race from 10 to 100k!!
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."
Title: Re: Race from 10 to 100k!!
Post by: Rodgers12 on January 09, 2016, 01:45:13 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
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: Wiggle on January 20, 2016, 12:01:38 PM
Fell off the radar for updating this:

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)
Title: Re: Race from 10 to 100k!!
Post by: HabitualLineStepper on January 27, 2016, 08:13:23 AM
I am at $9600 as of now! I wish to enter this race.  I am completely debt free, no kids, no spouse and I need/want to make up ground fast.
Title: Re: Race from 10 to 100k!!
Post by: MrStash on January 28, 2016, 08:45:23 AM
I'll jump in this as well. Been lurking for about a year. I have a regular job 401k with nice matching, a TSP account from the National Guard and a regular taxable Vanguard account. Totals:

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 :/

Title: Re: Race from 10 to 100k!!
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)
Title: Re: Race from 10 to 100k!!
Post by: SpareChange on January 30, 2016, 06:14:31 PM
Nice boost to start the year SGontour!


Up 1,831.75 to 92,328.54. Inching closer....
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: johnny847 on January 31, 2016, 01:25:36 PM
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.
Title: Re: Race from 10 to 100k!!
Post by: SpareChange on January 31, 2016, 02:14:23 PM
Congratulations you two. Extra props for doing it in a tough month! See you in the next thread soon enough.
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: Pooperman on February 01, 2016, 07:20:52 AM
Broke the $50k barrier... the wrong way. A bad month for the Pooperman household financially. There were some large one-off expenses totaling around $7k. That coupled with removing some accounts (details of why are in my journal) and the market means a drop of about $8k ($57k -> $49k). Ah well. At least the expenses are done with and we can move on!
Title: Re: Race from 10 to 100k!!
Post by: MrStash on February 01, 2016, 08:35:05 AM
Dec 2015 - $35,251
Jan 2016 - $34,524

Going backwards!
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: Imustacheyouaquestion on February 01, 2016, 12:07:59 PM
I had honestly forgotten about this thread until it popped up in my Google Drive sidebar as being updated recently! I updated net worth figures for the last 12 months. Last time I updated, I was at $31k and am now up to $71k. Should be on track to reach $100k by the end of 2016 (assuming the stock market doesn't tank even more...).
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 too 100k!!
Post by: $40Kby40 on February 01, 2016, 06:33:40 PM
30 Oct - $30,648
30 Nov - $32,564
30 Dec - $37,354
30 Jan - $38,789

Title: Re: Race from 10 to 100k!!
Post by: tarheeldan on February 01, 2016, 08:42:22 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.
Congratulations!
Title: Re: Race from 10 to 100k!!
Post by: tarheeldan on February 01, 2016, 08:43:00 PM
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! See you in the other thread :-)
Title: Re: Race from 10 to 100k!!
Post by: tarheeldan on February 02, 2016, 05:43:57 AM
Fell back a tad to $90,119.48 last month. Let's see how this month goes!
Title: Re: Race from 10 to 100k!!
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!
Title: Re: Race from 10 to 100k!!
Post by: Rodgers12 on February 02, 2016, 06:58:42 AM
7/31/2015: $36,978
8/31/2015: $34,949
9/30/2015: $35,722
10/31/2015: $37,797
11/30/2015: $39,424
12/31/2015: $42,763
01/31/2016: $44,656
Title: Re: Race from 10 to 100k!!
Post by: HairyUpperLip on February 02, 2016, 10:34:28 AM
Good job everyone. Glad to see so many of you reach $100k already.
Title: Re: Race from 10 to 100k!!
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!
Title: Re: Race from 10 to 100k!!
Post by: johnny847 on February 02, 2016, 11:09:17 AM
Thanks guys!
Title: Re: Race from 10 to 100k!!
Post by: katthjul on February 03, 2016, 02:10:12 PM
EOY 2015: €16,728
Jan 2016: €15,895
Title: Re: Race from 10 too 100k!!
Post by: Mazzinator on February 04, 2016, 11:14:00 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!!!
Savings $138,560
Debt $46,822

NW = $91,738 grrrr it went down...

Save
$129,648
Debt
$45,257
NW $84,391 Down again!!!! Aaahhhhhhh
Title: Re: Race from 10 to 100k!!
Post by: mrteacher on February 04, 2016, 11:32:54 AM
9/1: $78,487.07
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.
Title: Re: Race from 10 to 100k!!
Post by: celticmyst08 on February 04, 2016, 02:46:24 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: 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.
Title: Re: Race from 10 to 100k!!
Post by: Rodgers12 on February 29, 2016, 03:07:07 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.
Title: Re: Race from 10 to 100k!!
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!
Title: Re: Race from 10 to 100k!!
Post by: SpareChange on February 29, 2016, 11:37:52 PM
Up about 7,767 tooooo..... 100,095.24. Hell yeah! When I saw my stock fund (VT) drop slightly today, I knew it'd be close when I got home to tabulate. Thankfully, this is the month that my 403b drops in our lump sum match for the prior year. Took 20 months for me to graduate. I'll go join the next thread. Thanks to all for making this process a little more fun. Hope you all graduate in short order :). Cheers!!

   
Title: Re: Race from 10 to 100k!!
Post by: $40Kby40 on March 01, 2016, 12:55:31 AM
30 Oct - $30,648
30 Nov - $32,564
30 Dec - $37,354
30 Jan - $38,789
29 Feb - $42,435
Title: Re: Race from 10 to 100k!!
Post by: merlin7676 on March 01, 2016, 08:19:55 AM
12/31/15  -   $47,514
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.
Title: Re: Race from 10 to 100k!!
Post by: Woodro85 on March 01, 2016, 09:50:38 AM
9/1/2015           $57,358.64
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!
Title: Re: Race from 10 to 100k!!
Post by: SGontour on March 01, 2016, 10:10:09 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



congratulations to all new graduates!
 


Title: Re: Race from 10 to 100k!!
Post by: charis on March 01, 2016, 10:36:47 AM
October 1, 2015: ~$40K
February 2016: ~$65K
Title: Re: Race from 10 to 100k!!
Post by: katthjul on March 01, 2016, 01:23:22 PM
EOY 2015: €16,728
Jan 2016: €15,895
Feb 2016: €17,250

Most of the increase is from paying the annual amount due on my student loan.
Title: Re: Race from 10 to 100k!!
Post by: khotte on March 02, 2016, 08:33:50 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.
Title: Re: Race from 10 too 100k!!
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
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: monstermonster on March 02, 2016, 01:47:50 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"?
Title: Re: Race from 10 to 100k!!
Post by: queenie on March 02, 2016, 02:09:56 PM
I just updated, but I'm shit at tracking monthly.  I'm going to try to get it together, because I think it will keep me from feeling discouraged when our progress isn't super clear.

I'd be happy to jump in on a new chart if one is made too!
Title: Re: Race from 10 to 100k!!
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!
Title: Re: Race from 10 to 100k!!
Post by: dachs on March 02, 2016, 02:59:13 PM
How can I add myself?

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?
Title: Re: Race from 10 to 100k!!
Post by: katthjul on March 02, 2016, 04:08:36 PM
I just added a new sheet 'Net Worth 2' that starts from 2016, but I made the changes in a private copy of the spreadsheet first so I can easily recreate them if the spreadsheet is restored.
Title: Re: Race from 10 too 100k!!
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
Title: Re: Race from 10 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.
Title: Re: Race from 10 to 100k!!
Post by: dachs on March 03, 2016, 01:40:37 PM
So how can I add myself? My name keeps disappearing.
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: dachs on March 03, 2016, 04:31:53 PM
Okay thank you :)
Title: Re: Race from 10 to 100k!!
Post by: dachs on March 05, 2016, 08:14:47 AM
Hm my networth keeps disappearing.
Title: Re: Race from 10 to 100k!!
Post by: katthjul on March 05, 2016, 09:30:57 AM
Are you looking at the right row? I can see two rows for the username dachsi (assuming it is yours), but only one has entered her/his networth.

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.
Title: Re: Race from 10 to 100k!!
Post by: dachs on March 05, 2016, 10:54:22 AM
Oh yes, sorry. The name moved because it's ordered by net worth, I had not noticed that. :)
Title: Re: Race from 10 to 100k!!
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 :-)
Title: Re: Race from 10 to 100k!!
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!
Title: Re: Race from 10 to 100k!!
Post by: tarheeldan on March 05, 2016, 01:37:52 PM
Up a bit to 91,826.05 last month, but hoping for some market cooperation for a strong March :-)
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on March 06, 2016, 05:36:51 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!
Title: Re: Race from 10 to 100k!!
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!
Title: Re: Race from 10 to 100k!!
Post by: Imustacheyouaquestion on March 07, 2016, 08:07:09 PM
Updated the last couple months for me:

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!!
Title: Re: Race from 10 to 100k!!
Post by: dogboyslim on March 08, 2016, 03:28:21 PM
I see some people tracking investments rather than NW, so in that vein, I'm in for my AT investments if you'll have me.

As of 3/8: $20,818.37
Title: Re: Race from 10 to 100k!!
Post by: Bateaux on March 09, 2016, 08:50:33 AM
So many great posts here on the journey to freedom.  The 6 figure and 7 figure threads are waiting for you.  Keep the faith, it is coming.
Title: Re: Race from 10 to 100k!!
Post by: frogger on March 13, 2016, 09:37:35 PM
I haven't done a proper update in a while, but this month I finally crossed back into 10K territory! *does 10K dance for the second time*

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!
Title: Re: Race from 10 to 100k!!
Post by: connor on March 14, 2016, 06:13:08 AM
hit 25k USD this week, although I should probably stick to my own currency, 17.8k GBP. My road to 100k will be in bursts rather than a steady increase, though, as I'm a college student just trying to find little moneymaking schemes here and there rather than having an actual income.
Title: Re: Race from 10 to 100k!!
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!
Title: Re: Race from 10 to 100k!!
Post by: Mr.Bubbles on March 16, 2016, 02:03:27 PM
I know i'm late for the party but....

3/16/16- $10,515 USD

time to go!
Title: Re: Race from 10 to 100k!!
Post by: tomita on March 16, 2016, 07:21:00 PM
I hope this is doable
16 Mar 2016 ....investments $64300   debt $13200 (for DH & me)
Title: Re: Race from 10 too 100k!!
Post by: CanIndian on March 20, 2016, 07:05:07 PM

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

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

Steaming along to the next goalpost.
Good luck everyone on your journeys and see you soon on the other thread.
Title: Re: Race from 10 to 100k!!
Post by: Imustacheyouaquestion on March 25, 2016, 06:58:56 AM
1/31/16: 71,733
2/29/16: 74,225
3/25/16: 80,361

Need to pay just over $1k in taxes, so my increase next month will be a bit smaller. But forward progress is good!
Title: Re: Race from 10 to 100k!!
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!
Title: Re: Race from 10 to 100k!!
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. :-)
Title: Re: Race from 10 to 100k!!
Post by: newkanye on March 28, 2016, 10:11:53 PM
1st post! My stretch goal is 125K by the end of the year if I get lucky with the market. I will be about 23.5 years old (sidenote: I can't believe I'm turning 23). More realistically I will probably hit 105k-110k barring any illnesses/family issues/injuries etc.

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

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

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

Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: dogboyslim on March 29, 2016, 04:08:45 PM
As of 3/8: $20,818.37

3/29: $23,784
Title: Re: Race from 10 to 100k!!
Post by: merlin7676 on March 31, 2016, 08:28:54 AM
Well this quarter hasn't been great return wise but I did sell my car which helps increase my net worth plus my bonus at work helped to pay down the last CC and will be finished either end of May or beginning of June.
My yearly raise should be effective April 15th and tax return is due any day now so I expect another big jump from March to April as well.

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

**I don't include my home value since we plan to stay in it forever. This is only IRA and 401K and savings and taxable accounts****
Title: Re: Race from 10 to 100k!!
Post by: CanyonMan on March 31, 2016, 02:41:15 PM
I've never posted in this thread, but I've been keeping tabs on it for a long time. Not at 100k in Mint due to a technicality, but hit it for the first time during this month.

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


A couple stats and factoids.

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

(https://i.imgsafe.org/41d9cf2.png)

Time to go start lurking in the 6 figure thread!
Title: Re: Race from 10 to 100k!!
Post by: mrteacher on March 31, 2016, 06:15:08 PM
I made it! Closed in March comfortably over $100,000!

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

On to $250k!

Keep on keeping on, everyone!
Title: Re: Race from 10 to 100k!!
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 :)
Title: Re: Race from 10 to 100k!!
Post by: andy85 on April 01, 2016, 06:28:09 AM
Somehow i just now saw this thread...and it is one i can actually not feel out of place :)

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

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

There is a very slim chance i could hit 100k by the end of 2017...should get there in 2018 for sure.
Title: Re: Race from 10 to 100k!!
Post by: Rodgers12 on April 01, 2016, 06:42:50 AM
7/31/2015: $36,978
8/31/2015: $34,949
9/30/2015: $35,722
10/31/2015: $37,797
11/30/2015: $39,424
12/31/2015: $42,763
01/31/2016: $44,656
02/29/2016: $47,521
03/31/2016: $51,770

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

Glad to see we have a bunch of new people joining in on the race! Good luck everyone and I am excited to watch your progress along the way!
Title: Re: Race from 10 to 100k!!
Post by: SGontour on April 01, 2016, 08:51:30 AM
January 2015: CHF 49,805
...
November 2015: CHF 66,524
December 2015: CHF 67,473
January 2016: CHF 78,098
February 2016: CHF 81,995
March 2016: CHF 78,422

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

Title: Re: Race from 10 to 100k!!
Post by: celticmyst08 on April 01, 2016, 10:19:38 AM
12/2014:   20,639.31
01/2015:   22,508.74
02/2015:   30,778.55
03/2015:   34,001.91
04/2015:   36,607.49
05/2015:   38,382.26
06/2015:   42,838.00
07/2015:   48,495.61
08/2015:   46,205.22
09/2015:   49,753.59
10/2015:   54,243.55
11/2015:   59,392.35
12/2015:   63,067.27
01/2016:   60,170.84
02/2016:   64,960.54
03/2016:   73,705.82   +13.43%

Woohoo! We are still looking on track to hit $100k in November or so. Considering we totally overshot our goal of hitting $50k in 2015, I'm hoping we will smash this one too.
Title: Re: Race from 10 to 100k!!
Post by: katthjul on April 01, 2016, 11:25:01 AM
EOY 2015: €16,728
Jan 2016: €15,895
Feb 2016: €17,250
Mar 2016: €19,597

Saved a bit more than I usually manage.
Title: Re: Race from 10 to 100k!!
Post by: Woodro85 on April 01, 2016, 11:40:02 AM
Damn, all of you are really impressive!
Real good looking progress CanyonMan, you are MILES ahead of nearly every other 25 year old out there, killin' it!

My update is as follows:

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

Most of this NW is in equity/Pension/retirement accounts so I'm just focusing on getting a larger Emergency Fund for the next few months as I've always gone a little light on cash in the bank.
Title: Re: Race from 10 too 100k!!
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 :-)
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on April 04, 2016, 09:35:24 AM
Aug 15: 5327 (found MMM)
Sep 15: 5776
Oct 15: 6965
Nov 15: 8551
Dec 15: 12085
Jan 16: 12700
Feb 16: 13961
Mar 16: 14854
Apr 16: 16220

Slow and steady makes me incredibly impatient!
Title: Re: Race from 10 to 100k!!
Post by: carozy on April 05, 2016, 11:55:20 AM
I like the run-down, makes it easier to see my progress.  I'll start updating this every month.

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

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

Jan 16 - $25,329.42
Feb 16 - $27,698.48
Mar 16 - $30,131.47
Title: Re: Race from 10 to 100k!!
Post by: charis on April 07, 2016, 07:56:37 AM
October 1, 2015: ~$40K
February 2016: ~$65K

April 2016 (so far): $71K
Title: Re: Race from 10 to 100k!!
Post by: coolistdude on April 07, 2016, 09:12:23 AM
Count me in! I simply must grow out this peach fuzz!

As of March:

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

$24.5k savings. EF is complete. Of savings, 2/3 goes to retirement and 1/3 goes to house down. Or about $1050/retirement and $500 house a month. So, my journey may take awhile. Hoping to get a raise or two, but my savings % is currently only 36%.
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: druth on April 15, 2016, 09:06:43 AM
September 15 is one year from when I started working out of college, and it took me that long to buy a house and get my net worth high enough to make up for my student loans, so for the year before that it's all over the place, and for everything before that it's just paycheck to paycheck/tuition payment to tuition payment so nothing notable.  Looking at this it's going faster than I realized it was.  Average is about 4k a month to savings, but it will slow down since I don't get any side income or bonuses during the summer.  Should end up saving about 35k this year.  I'm sort of thinking about if there is anything I could do for extra money in the weekend/evenings during summer, which would help to up it.  Might just focus on doing some writing and hope that pays off eventually, and work on spending less, of course..

Sep-15   $6,657.20
Oct-15   $10,846.07
Nov-15   $13,419.84
Dec-15   $19,983.09
Jan-16   $23,828.58
Feb-16   $27,482.23
Mar-16   $33,831.34
Apr-16   $38,873.65
Title: Re: Race from 10 too 100k!!
Post by: AcftW on April 15, 2016, 10:57:06 AM
$40,061 - Dec 2015
$43,153 - Jan 2016
$47,634 - Feb 2016
$50,404 - Mar 2016
$53,733 - Apr 2016

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

Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: tomita on April 17, 2016, 06:44:21 PM
16 Mar 2016     $64300 - $13200 = $51300
17 Apr 2016     $103500 -$45600 = $57900
Title: Re: Race from 10 to 100k!!
Post by: ardrum on April 21, 2016, 10:12:48 AM
Nice thread!

1/1/16 - ~$2000
2/1/16 - $4793
3/1/16 - $10108
4/1/16 - $14574
Title: Re: Race from 10 to 100k!!
Post by: MVal on April 21, 2016, 03:57:35 PM
I'm going to try to track my NW monthly this year to chart my progress. Starting 2016, I had a NW of $50,000. I'm hoping to grow it to over $75K.
Once I get to $100K, I think I will give myself permission to move into my own apartment, as I've spent the last 8 years living with the same roommate--saving a ton of money, but not getting as much privacy as I'd like.

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

Title: Re: Race from 10 to 100k!!
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
Title: Re: Race from 10 to 100k!!
Post by: burrowsrw on April 25, 2016, 08:11:57 PM
Add me if you are still accepting newcomers

Oct $52,000
Apr $62,000
Title: Re: Race from 10 to 100k!!
Post by: notarealdoctor on April 25, 2016, 08:34:07 PM
I've gotta get in on this.

April 2016: $22,500

Goal for 2016 is to break $40k, ideally $50k
Title: Re: Race from 10 too 100k!!
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
Title: Re: Race from 10 to 100k!!
Post by: lamil on April 26, 2016, 08:48:04 AM
27, late start in tracking finances.

March 2016: 8152.00
April 2016: 10915.00
Today(April 26th): 19516.00
Title: Re: Race from 10 to 100k!!
Post by: senorpanqueque on April 29, 2016, 07:30:28 AM
Been meaning to add my numbers, but still have to figure out a couple numbers.

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

Title: Re: Race from 10 to 100k!!
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?
Title: Re: Race from 10 to 100k!!
Post by: senorpanqueque on April 29, 2016, 07:53:20 AM
Would that be the same as "if you were to "sell" it today, it would be worth this much" value?
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: merlin7676 on April 29, 2016, 08:45:24 AM
First off I just want to say great job to all of us guys and girls that are working very hard on this goal.  I know I'm very proud of me and I'm proud of you all too. Love seeing all the numbers go up no matter how little or how much it does.
I'm 62% of the way there and looking forward to graduating to the next level.

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


Title: Re: Race from 10 to 100k!!
Post by: athiker10 on April 29, 2016, 06:27:36 PM
I discovered MMM only a few weeks ago and it's like my world has opened up. I know I don't make a lot-I live comfortably but I can't imagine saving at the rates I'm seeing some of you save monthly.

Starting with April NW:  $38,442.00 This is going to plummet in september as I start an 18 month grad program that I'm paying for out of pocket + any grants/scholarships/tuition reimbursement I can get my hands on.
Title: Re: Race from 10 to 100k!!
Post by: katthjul on April 30, 2016, 06:55:22 AM
EOY 2015: €16,728
Jan 2016: €15,895
Feb 2016: €17,250
Mar 2016: €19,597
Apr 2016: €20,332

Did not save as much as I wanted, but it is going in the right direction. Less happy about having to change the ETFs I use in my portfolio.
Title: Re: Race from 10 to 100k!!
Post by: Rodgers12 on April 30, 2016, 07:24:04 AM
7/31/2015: $36,978
8/31/2015: $34,949
9/30/2015: $35,722
10/31/2015: $37,797
11/30/2015: $39,424
12/31/2015: $42,763
01/31/2016: $44,656
02/29/2016: $47,521
03/31/2016: $51,770
04/30/2016: $55,260
Title: Re: Race from 10 to 100k!!
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
Title: Re: Race from 10 to 100k!!
Post by: celticmyst08 on April 30, 2016, 10:06:17 AM
12/2014:   20,639.31
01/2015:   22,508.74
02/2015:   30,778.55
03/2015:   34,001.91
04/2015:   36,607.49
05/2015:   38,382.26
06/2015:   42,838.00
07/2015:   48,495.61
08/2015:   46,205.22
09/2015:   49,753.59
10/2015:   54,243.55
11/2015:   59,392.35
12/2015:   63,067.27
01/2016:   60,170.84
02/2016:   64,960.54
03/2016:   73,705.82
04/2016:   81,933.67 +11.16%

I can see the finish line... if only I didn't have ~$9k of tuition to be paid this year. We'd hit $100k in September probably. At this point I estimate we'll hit it in November.
Title: Re: Race from 10 to 100k!!
Post by: SGontour on April 30, 2016, 10:33:28 AM
January 2015: CHF 49,805
...
November 2015: CHF 66,524
December 2015: CHF 67,473
January 2016: CHF 78,098
February 2016: CHF 81,995
March 2016: CHF 78,422
April 2016: CHF 84,996

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

Title: Re: Race from 10 to 100k!!
Post by: CmFtns on April 30, 2016, 12:55:16 PM
I want to join in
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
Title: Re: Race from 10 to 100k!!
Post by: tarheeldan on April 30, 2016, 06:56:16 PM
Welcome to the newcomers to the race and congrats to all on your progress!

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!
Title: Re: Race from 10 to 100k!!
Post by: AcftW on May 01, 2016, 09:39:26 AM
$40,061 - Dec 2015
$43,153 - Jan 2016
$47,634 - Feb 2016
$50,404 - Mar 2016
$53,733 - Apr 2016
$54,717 - May 2016
Title: Re: Race from 10 to 100k!!
Post by: Woodro85 on May 02, 2016, 10:16:17 AM
Welcome to the newcomers and congrats to those moving on! I had a pretty good month considering I spent a chunk on new equipment for an upcoming backpacking trip. My goal is to be over 100k by September, but I think I may cross the 100k mark shortly when I recalculate my pension worth. I conservatively measure it but think I've been undervaluing the monthly increases and will recalculate when I receive my annual statement.

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
Title: Re: Race from 10 to 100k!!
Post by: monstermonster on May 03, 2016, 12:45:05 PM
Hey all! I had significant freelance income I was able to set aside for my Roth and a month of low spending, so I jumped 43% over two months ago! Yay!

3/1/2016: $10,106
4/1/2016: $10,624
5/1/2016: $14,504
Title: Re: Race from 10 to 100k!!
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
Title: Re: Race from 10 to 100k!!
Post by: Mazzinator on May 09, 2016, 03:20:25 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!!

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!!!
Savings $138,560
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)
Title: Re: Race from 10 to 100k!!
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!
Title: Re: Race from 10 to 100k!!
Post by: tomita on May 10, 2016, 07:34:28 PM
16 Mar 2016    $64300 - $13200 = $51300
17 Apr 2016     $103500 - $45600 = $57900
10 May 2016    $106390 - $42900= $63490
Title: Re: Race from 10 to 100k!!
Post by: tarheeldan on May 10, 2016, 08:15:37 PM


Woooo hoooooo!
See ya! (Just kiddin)

Congratulations!
Title: Re: Race from 10 to 100k!!
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!!
Title: Re: Race from 10 to 100k!!
Post by: ardrum on May 11, 2016, 07:31:26 PM
1/1/16 - ~$2000
2/1/16 -  $4793
3/1/16 -  $10108
4/1/16 -  $14574
5/1/16 -  $16150
Title: Re: Race from 10 to 100k!!
Post by: Imustacheyouaquestion on May 20, 2016, 06:49:53 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

Increased my HSA contributions to the max and added $25 per paycheck into my automatic savings deduction this month.
Title: Re: Race from 10 to 100k!!
Post by: charis on May 20, 2016, 08:32:44 AM
October 1, 2015: ~$40K
February 2016: ~$65K
April 2016 (so far): $71K
May 2016: $81K
Title: Re: Race from 10 to 100k!!
Post by: dogboyslim on May 20, 2016, 09:25:27 AM
3/8: $20,818
3/29: $23,784
4/21: $26,650
5/20: $28,769
Title: Re: Race from 10 to 100k!!
Post by: onehair on May 25, 2016, 09:04:41 AM
The last time I checked in here my net worth was $20000 and some change now it is $22604!!!  My debt is going down slowly but surely.  It stands at 6062 I remember when it was over $11000.
Title: Re: Race from 10 to 100k!!
Post by: merlin7676 on May 27, 2016, 08:16:28 AM
Since this is a holiday weekend, I don't expect any change with the markets closed so I'll post my numbers now.
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*
Title: Re: Race from 10 to 100k!!
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
Title: Re: Race from 10 to 100k!!
Post by: lamil on May 31, 2016, 11:14:01 AM
March 2016: 8152.00
April 2016: 10915.00
Today(April 26th): 19516.00
May 31, 2016: 22,693

Title: Re: Race from 10 to 100k!!
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).
Title: Re: Race from 10 to 100k!!
Post by: Rodgers12 on May 31, 2016, 07:32:03 PM
07/31/2015: $36,978
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
Title: Re: Race from 10 to 100k!!
Post by: frogger on June 01, 2016, 10:13:13 AM
First I compared last month to this month:

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.)
Title: Re: Race from 10 to 100k!!
Post by: CmFtns on June 01, 2016, 10:46:00 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
Title: Re: Race from 10 to 100k!!
Post by: SGontour on June 01, 2016, 11:49:47 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
Title: Re: Race from 10 to 100k!!
Post by: katthjul on June 01, 2016, 12:00:01 PM
EOY 2015: €16,728
Jan 2016: €15,895
Feb 2016: €17,250
Mar 2016: €19,597
Apr 2016: €20,332
May 2016: €24,718
Title: Re: Race from 10 to 100k!!
Post by: athiker10 on June 01, 2016, 06:46:25 PM
Just checking back in. My NW went down (By ~175ish). Boo. (Had some large expenses-one that won't happen for hopefully a few more years and another that is the beginning of the downtrend of NW with grad school). On the plus side, I got a small (4%) raise that is going directly into my 403b upping my retirement savings to over 11%.

April-16 NW:  $38,442.00
May-16 NW:   $38,264.52
Title: Re: Race from 10 to 100k!!
Post by: Rhoon on June 01, 2016, 07:18:40 PM
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
Title: Re: Race from 10 to 100k!!
Post by: AcftW on June 02, 2016, 05:15:26 AM
$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

Had a couple big purchases, but I managed to stay in the black with savings.
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on June 02, 2016, 12:07:58 PM
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
Apr 16: 16220
May 16: 17510
Jun 16: 21149

Cracked 20k :D
Title: Re: Race from 10 to 100k!!
Post by: tomita on June 04, 2016, 10:32:18 AM
16 Mar 2016    $64300 - $13200 = $51300
17 Apr 2016     $103500 - $45600 = $57900
10 May 2016    $106390 - $42900= $63490
28 May 2016    $109037 - $41046= $67991
Title: Re: Race from 10 to 100k!!
Post by: carozy on June 06, 2016, 10:13:49 AM
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
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.
Title: Re: Race from 10 to 100k!!
Post by: FoundPeace on June 06, 2016, 11:44:44 AM
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!
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: Mr.Bubbles on June 08, 2016, 02:01:46 PM
3/16/16- $10,515 USD
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.
Title: Re: Race from 10 to 100k!!
Post by: Imustacheyouaquestion on June 19, 2016, 07:12:10 PM
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!
Title: Re: Race from 10 to 100k!!
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!!
Title: Re: Race from 10 to 100k!!
Post by: steveo on June 27, 2016, 04:27:14 PM
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.

Title: Re: Race from 10 to 100k!!
Post by: monstermonster on June 29, 2016, 02:00:45 PM
3/1/2016: $10,106
4/1/2016: $10,624
5/1/2016: $14,504
6/31/2016: $18,193

Racing up to $20K despite the market dips :-)
Title: Re: Race from 10 to 100k!!
Post by: Runningtuff on June 30, 2016, 02:26:16 AM
Great progress! Congratulations grads.

I'm quietly chuffed that mine has doubled over the 16 months since I started tracking. I wouldn't have predicted that at all.
Title: Re: Race from 10 to 100k!!
Post by: merlin7676 on June 30, 2016, 08:34:46 AM
oh vey the markets, the markets.  Could have been better but still it's a gain in the right direction

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
Title: Re: Race from 10 to 100k!!
Post by: AcftW on July 01, 2016, 06:51:47 AM
$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

Doing a lot better than I could have ever expected a year ago. :)
Title: Re: Race from 10 to 100k!!
Post by: Rodgers12 on July 01, 2016, 06:56:19 AM
07/31/2015: $36,978
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!
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: Dancing Fool on July 01, 2016, 12:11:59 PM
Just making my way over to the forum, been reading MMM off and on for the past 2 months (made my way through most of the archives at this point). I'm taking the longer road to FI - competitive ballroom and latin dance is my outside of work passion project and it's near-impossible to do well in without pretty large spending. Til the end of the year, won't be saving much except for Roth IRA and 401(k) - maxing out both including catching up for not contributing at a max-out rate the first 6 months of the year. On track to hit $100k w/o the car around 06/01/2017, assuming 0% return on investments (obviously, I'm hoping for a positive return, which would just make me hit $100k sooner). Looking forward to tracking my progress!

7/1/2016: $83,089.96 / $78,807.96 (w/ vs. w/o car - 2007 Mazda3)
Title: Re: Race from 10 to 100k!!
Post by: SGontour on July 02, 2016, 02:14:37 PM
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
Title: Re: Race from 10 to 100k!!
Post by: katthjul on July 02, 2016, 02:32:55 PM
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
Title: Re: Race from 10 to 100k!!
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
Title: Re: Race from 10 to 100k!!
Post by: athiker10 on July 04, 2016, 11:00:47 AM
April-16 NW:  $38,442.00
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)

Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: druth on July 05, 2016, 12:38:56 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    $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.
Title: Re: Race from 10 to 100k!!
Post by: peppermint on July 05, 2016, 04:49:51 PM
Hi. I haven't posted in here in a long time. I was participating in the challenge in 2014-2015 and found it pretty motivating, I am not sure why I stopped posting. I just did my calculations and my NW at present is about 48K, which is less than what it was when I was last following this thread in 2015. :(

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.
Title: Re: Race from 10 to 100k!!
Post by: Imustacheyouaquestion on July 29, 2016, 08:00:05 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.
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
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 :).
Title: Re: Race from 10 to 100k!!
Post by: monstermonster on July 29, 2016, 10:39:32 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.
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: SGontour on July 29, 2016, 12:40:28 PM
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
Title: Re: Race from 10 to 100k!!
Post by: katthjul on July 30, 2016, 06:39:53 AM
EOY 2014: €0
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.
Title: Re: Race from 10 to 100k!!
Post by: FausseBourgeoise on July 30, 2016, 09:54:43 AM
Hit the 20k mark yesterday. It feels great. I was at 0 in November coming out of school. Sometimes it feels like progress is so slow, but really it's significant. :)
Title: Re: Race from 10 to 100k!!
Post by: Woodro85 on July 30, 2016, 07:47:58 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.
Title: Re: Race from 10 to 100k!!
Post by: nathan01xl on July 30, 2016, 08:15:21 PM
Jan - $45,622   
Feb - $49,164   
March - $62,581   
April - $66,697   
May - $71,586
June - $76,413
July - $83,499

On track for beginning of November!
Title: Re: Race from 10 to 100k!!
Post by: Rodgers12 on July 31, 2016, 08:48:28 AM
07/31/2015: $36,978
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

Title: Re: Race from 10 to 100k!!
Post by: lamil on August 01, 2016, 07:38:08 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
Title: Re: Race from 10 to 100k!!
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
Title: Re: Race from 10 to 100k!!
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!
Title: Re: Race from 10 to 100k!!
Post by: celticmyst08 on August 01, 2016, 12:27:09 PM
12/2014:   20,639.31
01/2015:   22,508.74
02/2015:   30,778.55
03/2015:   34,001.91
04/2015:   36,607.49
05/2015:   38,382.26
06/2015:   42,838.00
07/2015:   48,495.61
08/2015:   46,205.22
09/2015:   49,753.59
10/2015:   54,243.55
11/2015:   59,392.35
12/2015:   63,067.27
01/2016:   60,170.84
02/2016:   64,960.54
03/2016:   73,705.82
04/2016:   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!
Title: Re: Race from 10 to 100k!!
Post by: Good_Juju on August 01, 2016, 12:38:14 PM
I'd like to join in. I have had my big girl job outside of school since last May. Including the value of my car, I just recently became positive. $14,000 student loans and about $6k in my 401k.

8/1/2016: $2,136 
Title: Re: Race from 10 to 100k!!
Post by: dogboyslim on August 01, 2016, 02:10:54 PM
I've missed a couple of months:

3/8: $20,818
3/29: $23,784
4/21: $26,650
5/20: $28,769
8/1: $34,808
Title: Re: Race from 10 to 100k!!
Post by: adamb on August 02, 2016, 12:16:52 AM
Right now I'm at 30k. Started the year at 10k. Hoping to hit 45k by the end of the year! (Planned vacation will cut in the savings rate).
Title: Re: Race from 10 to 100k!!
Post by: AcftW on August 02, 2016, 07:07:17 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.
Title: Re: Race from 10 to 100k!!
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
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on August 06, 2016, 04:16:25 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
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.
Title: Re: Race from 10 to 100k!!
Post by: kickel on August 11, 2016, 10:26:19 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.
Title: Re: Race from 10 to 100k!!
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?
Title: Re: Race from 10 to 100k!!
Post by: Pooperman on August 12, 2016, 08:06:01 AM
Closing costs for the house we're buying next week will set us back about $7k, down to $54k. $100k grad date looks like Dec 2017.
Title: Re: Race from 10 to 100k!!
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!
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on August 18, 2016, 03:05:19 AM
Massive congratulations to all the graduates! Well done and hope to see you in the next thread soon!
Title: Re: Race from 10 to 100k!!
Post by: intirb on August 21, 2016, 03:32:47 PM
Hello everyone - long-time spreadsheet lurker here :)

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?
Title: Re: Race from 10 to 100k!!
Post by: burrowsrw on August 27, 2016, 04:16:18 PM
Jan 16 53k
Feb 16 56k
Mar 16 60k
Apr 16 64k
May 16 68k
Jun 16 67k
Jul 16  69k
Title: Re: Race from 10 to 100k!!
Post by: song gnos on August 27, 2016, 09:52:19 PM
May 2016 $ -11,982.00
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.
Title: Re: Race from 10 to 100k!!
Post by: Imustacheyouaquestion on August 29, 2016, 08:37:48 PM
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
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!!
Title: Re: Race from 10 to 100k!!
Post by: cliffhanger on August 30, 2016, 08:06:13 AM
Hey folks, long time lurker here. I haven't been very vocal on here, but I've been cheering you all on!

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
Title: Re: Race from 10 to 100k!!
Post by: monstermonster on August 30, 2016, 09:11:12 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.
I JUST CROSSED $20K!!

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.
Title: Re: Race from 10 to 100k!!
Post by: SGontour on August 31, 2016, 12:51:30 PM
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

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....
Title: Re: Race from 10 to 100k!!
Post by: Rodgers12 on August 31, 2016, 06:38:15 PM
07/31/2015: $36,978
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
Title: Re: Race from 10 to 100k!!
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!
Title: Re: Race from 10 to 100k!!
Post by: katthjul on September 01, 2016, 03:44:11 AM
EOY 2014: €0
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!
Title: Re: Race from 10 to 100k!!
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
Title: Re: Race from 10 to 100k!!
Post by: dogboyslim on September 01, 2016, 10:13:50 AM
3/8: $20,818
3/29: $23,784
4/21: $26,650
5/20: $28,769
8/1: $34,808
9/1: $37,342
Title: Re: Race from 10 to 100k!!
Post by: lamil on September 01, 2016, 12:28:57 PM
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
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: Good_Juju on September 02, 2016, 02:17:16 PM
Aug 2016: $2,136
Sept 2016: $5,733
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on September 05, 2016, 10:52:31 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
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!
Title: Re: Race from 10 to 100k!!
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 :)
Title: Re: Race from 10 to 100k!!
Post by: onehair on September 06, 2016, 01:04:35 PM
5/25/2016 last time I checked in here $22604
9/6/2016 $27115
Wow up by $4511 just by doing small gigs, saving more and eating out less??
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 to 100k!!
Post by: druth on September 11, 2016, 07:07:53 PM
Sep-15   $6,657
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
Title: Re: Race from 10 to 100k!!
Post by: frogger on September 15, 2016, 07:55:55 PM
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.
Title: Re: Race from 10 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.
Title: Re: Race from 10 to 100k!!
Post by: frogger on September 16, 2016, 08:34:58 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.
LOL, don't I wish! Yesterday was payday, but not that much!
Title: Re: Race from 10 too 100k!!
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 :)

Title: Re: Race from 10 to 100k!!
Post by: tomita on September 24, 2016, 04:51:48 PM
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  (sadly we wont reach 100K this year)
Title: Re: Race from 10 to 100k!!
Post by: ardrum on September 27, 2016, 01:14:56 PM
From the 1st of the months...
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
Title: Re: Race from 10 to 100k!!
Post by: StacheyStache on September 29, 2016, 05:31:43 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...
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: dogboyslim on September 29, 2016, 08:27:56 AM
3/8: $20,818
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.
Title: Re: Race from 10 to 100k!!
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
Title: Re: Race from 10 to 100k!!
Post by: Good_Juju on September 30, 2016, 10:49:24 AM
Aug 2016: $2,136
Sept 2016: $5,733

October: $8,892
Title: Re: Race from 10 to 100k!!
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.

Title: Re: Race from 10 to 100k!!
Post by: BeautifulDay on October 02, 2016, 08:43:14 PM
NW since I started tracking with mint.

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
Title: Re: Race from 10 to 100k!!
Post by: Rodgers12 on October 03, 2016, 06:41:54 AM
07/31/2015: $36,978
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.
Title: Re: Race from 10 to 100k!!
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
Title: Re: Race from 10 to 100k!!
Post by: Mr.Bubbles on October 03, 2016, 11:45:37 AM
3/16/16- $10,515 USD
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!
Title: Re: Race from 10 to 100k!!
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

Title: Re: Race from 10 to 100k!!
Post by: frogger on October 04, 2016, 07:48:22 AM
October 2015: $4,100

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.
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on October 11, 2016, 10:48:09 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
Apr 16: 16220
May 16: 17510
Jun 16: 21149
Jul 16: 22024
Aug 16: 23325
Sep 16: 24285
Oct 16: 25400
Title: Re: Race from 10 too 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: dogboyslim on October 13, 2016, 02:29:50 PM
Positive is ALWAYS better than negative when it comes to NW calculations, so at least you didn't fall too far!  New day, hop back on the wagon.  ;)
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 to 100k!!
Post by: NickleNurser on October 16, 2016, 09:33:11 PM
New to this thread! Found MMM in Jan 2016 and began tracking on MINT shortly thereafter.

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!
Title: Re: Race from 10 to 100k!!
Post by: monstermonster on October 23, 2016, 01:21:16 PM
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
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.
Title: Re: Race from 10 to 100k!!
Post by: dogboyslim on October 31, 2016, 02:20:35 PM
3/8: $20,818
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.
Title: Re: Race from 10 to 100k!!
Post by: FIREGuy on October 31, 2016, 02:44:24 PM
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.
Title: Re: Race from 10 to 100k!!
Post by: lamil on October 31, 2016, 07:22:59 PM
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
October 31, 2016: $36,980
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: SGontour on November 01, 2016, 05:47:39 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 97,521
Title: Re: Race from 10 to 100k!!
Post by: Rodgers12 on November 01, 2016, 06:43:47 AM
07/31/2015: $36,978
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
Title: Re: Race from 10 to 100k!!
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!!
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on November 11, 2016, 04:45:20 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
Apr 16: 16220
May 16: 17510
Jun 16: 21149
Jul 16: 22024
Aug 16: 23325
Sep 16: 24285
Oct 16: 25400
Nov 16: 26932
Title: Re: Race from 10 to 100k!!
Post by: MVal on November 11, 2016, 06:33:55 AM
Well, looks like I have one thing I can thank Donald Trump for... My NW finally crossed the 75k mark! It's been teetering between 72 and 74 for a couple of months like a yoyo, but I am FINALLY there. In fact, it crossed 76 yesterday! Not that I expect it to stay there as all this hype settles down, but it was sure nice to see that. Hopefully the over correction won't be too severe.
Title: Re: Race from 10 to 100k!!
Post by: Malum Prohibitum on November 16, 2016, 09:41:19 AM
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.
  Guessing you are there now?
Title: Re: Race from 10 to 100k!!
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. 
Title: Re: Race from 10 to 100k!!
Post by: chesebert on November 20, 2016, 01:16:34 PM
You all are doing really well. This is either the easiest or the hardest range to save for. I got lucky once with my investment but it could have gone the other way. Keep up the good work!
Title: Re: Race from 10 to 100k!!
Post by: jeeebus on November 21, 2016, 08:43:37 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.
Title: Re: Race from 10 to 100k!!
Post by: frugalfanny on November 21, 2016, 01:59:00 PM
I started this year at $24k net worth and I am so thrilled to say I just hit $50k! (If you read my old posts I was including my car value in my net worth calculation. I stopped including it which set me back).

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).

Title: Re: Race from 10 to 100k!!
Post by: chesebert on November 23, 2016, 10:37:18 AM
Keep up the good work! You are basically up $100k had you started with 0 as opposed to deep in the red ;)
Title: Re: Race from 10 to 100k
Post by: BeautifulDay on November 23, 2016, 07:35:49 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.
Title: Re: Race from 10 to 100k!!
Post by: minority_finance_mo on November 26, 2016, 11:03:04 PM
Here's what Mint says (though I have a feeling this is slightly inflated with unvested employer match on the 401K):


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!
Title: Re: Race from 10 to 100k!!
Post by: minority_finance_mo 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!
Title: Re: Race from 10 to 100k!!
Post by: dogboyslim on November 28, 2016, 09:15:47 AM
3/8: $20,818
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.
Title: Re: Race from 10 to 100k!!
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!
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: lamil on November 30, 2016, 07:21:25 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
October 31, 2016: $36,980
November 30, 2016: $41,765
Title: Re: Race from 10 to 100k!!
Post by: Malum Prohibitum on November 30, 2016, 09:07:10 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!
  Congrats!  What explains the big jumps in net worth in January and February?
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: Rodgers12 on December 01, 2016, 07:14:05 AM
07/31/2015: $36,978
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
Title: Re: Race from 10 to 100k!!
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!
Title: Re: Race from 10 to 100k!!
Post by: charis on December 01, 2016, 01:28:33 PM
October 1, 2015: ~$40K
February 2016: ~$65K
April 2016 (so far): $71K
May 2016: $81K
November 2016: $105K

We are close to 100K invested - might hit that by the end of Jan '17
Title: Re: Race from 10 to 100k!!
Post by: westtoeast on December 01, 2016, 03:23:19 PM
Is it too late to join this? I started MMM lifestyle 7 months ago and I'm finally at a point where I can participate. I'd love to follow along for motivation!

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%
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
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
Title: Re: Race from 10 to 100k!!
Post by: SGontour on December 02, 2016, 11:39:08 PM
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!
  Congrats!  What explains the big jumps in net worth in January and February?

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)

Title: Re: Race from 10 to 100k!!
Post by: icegirl on December 05, 2016, 01:51:33 AM
Net worth right now: $24k

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.
Title: Re: Race from 10 to 100k!!
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
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on December 05, 2016, 12:19:40 PM
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
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).
Title: Re: Race from 10 to 100k!!
Post by: MVal on December 08, 2016, 07:50:26 AM
Wow, I actually broke $80K on my total NW yesterday! With the way everything was so down before the election, I thought I might not make it there before the end of the year, but here I am! Thanks, Donald Trump, lol!

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.
Title: Re: Race from 10 to 100k!!
Post by: tomita on December 09, 2016, 05:56:58 AM

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 
30 Nov 2016   $115000-$29000=$86000
Title: Re: Race from 10 to 100k!!
Post by: minority_finance_mo on December 09, 2016, 10:36:15 PM
There's a tiny chance I might graduate this challenge this year! (Fingers crossed)
Title: Re: Race from 10 to 100k!!
Post by: Cezil on December 13, 2016, 10:53:51 AM
Not for the first time ever, but the first time I think I've done it right/included what should be included/did it right, I have calculated my personal net worth as of today!  I want to keep a record and be able to look back one day and know where I sat myself down and decided to get my crap together.  FI isn't going to just show up on my doorstep unless I send out that invitation in the first place, right?  Net worth is actually much higher than I thought, and this makes me so happy.  Pluses were paying off 2 of 3 student loans in the past 2 years, minuses were buying a new-to-me car and a house.  All in all, I'm starting off better than anticipated, so go me!!

Dec-16: $32,870.70
Title: Re: Race from 10 to 100k!!
Post by: druth on December 13, 2016, 01:51:02 PM
Sep-15   $6,657
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
December-16 65515

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)_/―
Title: Re: Race from 10 too 100k!!
Post by: viverl on December 17, 2016, 12:15:35 PM
06/2014  2.500€
09/2016  43.882,85
12/2016: 48.143,58

Nice end of year :)
Title: Re: Race from 10 to 100k!!
Post by: tomita on December 27, 2016, 05:20:38 PM

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 
30 Nov 2016   $115000-$29000=$86000
20 Dec 2016   $119500-$26770=$92730
Title: Re: Race from 10 to 100k!!
Post by: NickleNurser on December 28, 2016, 08:21:07 PM
Jan 2016: 19,799
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
Title: Re: Race from 10 to 100k!!
Post by: beantown on December 30, 2016, 08:10:41 AM
Joining this thread. After December's bonus hit, I'm at $16.4K for my current net worth and am finally positive in net worth at the age of 30. Hoping to increase this to $75K by end of 2017.
Title: Re: Race from 10 to 100k!!
Post by: aoedae on December 30, 2016, 01:16:15 PM
Consider this my sign-up for the thread!

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 ???
Title: Re: Race from 10 to 100k!!
Post by: dogboyslim on December 30, 2016, 01:26:34 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

Wife had a small inheritance that boosted us $8k.  At current pace we should graduate in early 2018.
Title: Re: Race from 10 to 100k!!
Post by: $40Kby40 on December 31, 2016, 12:29:29 AM
30 Dec 2015 - $37,354
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.

Title: Re: Race from 10 to 100k!!
Post by: FIREGuy on December 31, 2016, 05:19:27 AM
Oct 2016 - $17,457
November 2016 - $35,747
December 2016 - $39,657
Title: Re: Race from 10 to 100k!!
Post by: Rodgers12 on December 31, 2016, 11:02:57 AM
07/31/2015: $36,978
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
Title: Re: Race from 10 to 100k!!
Post by: edmundblackadder on December 31, 2016, 01:44:59 PM
End of year number is 88K! Up 38K from this time last year; 4K are investment returns (6.3% return for the year), so I saved a solid 34K. That's just below my stretch goal of 35K, so I'm very pleased.

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.
Title: Re: Race from 10 to 100k!!
Post by: minority_finance_mo on December 31, 2016, 07:06:16 PM
End of the year, and I just graduated from this challenge. Thanks for setting this up, and best of luck to everyone continuing on in 2017!

(http://i.imgur.com/w1J497j.jpg)
Title: Re: Race from 10 to 100k!!
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.

Title: Re: Race from 10 to 100k!!
Post by: plutomaniac on December 31, 2016, 11:47:42 PM
I know I'm joining late, but better late than never!

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.
Title: Re: Race from 10 to 100k
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
Title: Re: Race from 10 to 100k!!
Post by: intirb on January 02, 2017, 10:53:45 AM
The spreadsheet got messed up, so I had to restore it to a previous version from two weeks ago.  It's possible that recent data was lost, so you may want to go back to the spreadsheet and re-enter your information.

Title: Re: Race from 10 to 100k!!
Post by: Mezzie on January 02, 2017, 11:05:38 AM
My somewhat roughly estimated net worth as of this morning is -$15,000. $100,000 may be a ways off, but it's certainly something to work towards. Step 1: Net worth of 0 by July. :)
Title: Re: Race from 10 to 100k!!
Post by: markbike528CBX on January 02, 2017, 05:43:00 PM
@mezzie
   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!
Title: Re: Race from 10 to 100k!!
Post by: jeeebus on January 03, 2017, 04:26:13 AM
Oct 2016 - $21,326.78
Nov 2016 - $24,044.76
Dec 2016 - $25,106.17

Happy New Year everyone
Title: Re: Race from 10 to 100k!!
Post by: lamil on January 03, 2017, 07:26:08 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
October 31, 2016: $36,980
November 30, 2016: $41,765
December 31st, 2016: 44,852
Title: Re: Race from 10 to 100k!!
Post by: Mezzie on January 03, 2017, 07:31:38 AM
@Mike

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!
Title: Re: Race from 10 to 100k!!
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!!
Title: Re: Race from 10 to 100k!!
Post by: Mezzie on January 03, 2017, 08:37:10 AM
Congrats, MVal! That's really impressive!
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on January 03, 2017, 09:25:39 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
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)
Title: Re: Race from 10 to 100k!!
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
Title: Re: Race from 10 to 100k!!
Post by: MEJG on January 03, 2017, 12:20:30 PM
Dec 31, 2015: -$48,294.56
Dec 31, 2016 -$12,948.22 (+$35,346.34 for 2016)

2017 I'll be able to joint this race!
Title: Re: Race from 10 to 100k!!
Post by: SpareChange on January 03, 2017, 12:39:41 PM
Awesome saving Mval!! Come join us in the next thread! :)
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: Verdure on January 15, 2017, 05:39:44 PM
OK, joining in to try to bump savings up a notch this year.  New to this game with a lot of catching up to do! My back of envelope calculations put our NW at ~$57,000. 

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.
Title: Re: Race from 10 to 100k!!
Post by: GeekyGirl on January 17, 2017, 05:20:41 AM
Hi,

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.
Title: Re: Race from 10 to 100k!!
Post by: onehair on January 17, 2017, 01:08:39 PM
Net worth finally is over $30K and my Emergency Fund is a few cents short of $700!!
IRA-$3822
TSP-$19602
Stocks-$5714
Acorns-$627
Digit Emergency Savings-$699
Title: Re: Race from 10 to 100k!!
Post by: tortoiseshell on January 17, 2017, 04:55:43 PM
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
Title: Re: Race from 10 to 100k!!
Post by: viverl on January 22, 2017, 06:12:50 AM
Ok, start of the year. This time the increase will not be as huge as I am having a big wedding (budget together 10.000€) but nevertheless:

06/2014  2.500€
09/2016  43.882,85
12/2016: 48.143,58

update:
01/2017: 50.380 €

Title: Re: Race from 10 to 100k!!
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...
Title: Re: Race from 10 to 100k!!
Post by: twojabs on January 25, 2017, 02:49:15 PM
Hi, thought I'd join in this thread too.  I'll periodically check in to see what is happening. (i'll convert all my £££ into $$$ for ease)

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)...
Title: Re: Race from 10 too 100k!!
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!
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on January 25, 2017, 10:16:05 PM
I'm going to jump into the race too.  Jan last year i had around $10k liquid invested, and managed to save 40% of my income in 2016 to bump my investments up to $30k by the end of the year.  Now i'm going into 2017 hoping to hit $50k by the end of the year

Jan, 2017 - $31k
Title: Re: Race from 10 too 100k!!
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. :-)
Title: Re: Race from 10 to 100k!!
Post by: beantown on January 27, 2017, 08:13:44 AM
Dec 2017: $16.4K
Jan 2017: $21.8K
Title: Re: Race from 10 to 100k!!
Post by: dogboyslim on January 30, 2017, 09:09:56 AM
2016:
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
Title: Re: Race from 10 to 100k!!
Post by: MVal on January 30, 2017, 02:26:17 PM
So all of us here in the under $100K thread, I wonder how our timelines to FIRE compare...how many years do you anticipate it taking you to be FI from this moment? For me, if my savings and COL stay the same, I could be out of here in 6-8 years.
Title: Re: Race from 10 to 100k!!
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
Title: Re: Race from 10 too 100k!!
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!!
Title: Re: Race from 10 to 100k!!
Post by: frugalwitch on January 30, 2017, 05:45:27 PM
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.
Title: Re: Race from 10 to 100k!!
Post by: $40Kby40 on January 30, 2017, 07:25:07 PM
30 Dec 2016 - $83,224
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.
Title: Re: Race from 10 to 100k!!
Post by: felixbf on January 30, 2017, 10:18:43 PM
Dec 53,572.89
Jan 63,000.00

Finished all my debt off last year really helped increasing my savings ratio.
Title: Re: Race from 10 to 100k!!
Post by: FIREGuy on January 31, 2017, 04:38:23 AM
Oct 2016 - $17,457
November 2016 - $35,747
December 2016 - $39,657
January 2017 - $45,491
Title: Re: Race from 10 to 100k!!
Post by: jeeebus on January 31, 2017, 07:03:58 AM
Oct 2016 - $21,326.78
Nov 2016 - $24,044.76
Dec 2016 - $25,106.17
Jan 2017 - $27,207.71
Title: Re: Race from 10 to 100k!!
Post by: merlin7676 on January 31, 2017, 08:44:13 AM
I can see the finish line (to 100K that is) and I can't wait to cross it.
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)
Title: Re: Race from 10 to 100k!!
Post by: lamil on January 31, 2017, 09:28:46 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
October 31, 2016: $36,980
November 30, 2016: $41,765
December 31st, 2016: $44,852
January 31st, 2017: $49,533
Title: Re: Race from 10 to 100k!!
Post by: intirb on January 31, 2017, 01:43:00 PM
Two years ago, in Jan 2015, our net worth hit zero for the first time since graduating college.  Now it's nearly at $60k and we are debt-free!  With a combination of new jobs/promotions/raises, we are now making 30% more than we did two years ago.  I think this year will be the year we hit $100k.  Shooting to make it by Dec 2017.  When I started this challenge, the end goal felt like a distant dream, but now it feels so real and so close and I am so excited!
Title: Re: Race from 10 to 100k!!
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%)

Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: Rodgers12 on February 01, 2017, 07:25:07 AM
07/31/2015: $36,978
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.
Title: Re: Race from 10 to 100k!!
Post by: CmFtns on February 01, 2017, 09:01:52 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
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 =)

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
Title: Re: Race from 10 to 100k!!
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)
Title: Re: Race from 10 to 100k!!
Post by: Malum Prohibitum on February 02, 2017, 03:59:53 PM
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
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 =)

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
  Wait, you went from 37 to 100 in a year?  Please share how!
Title: Re: Race from 10 to 100k!!
Post by: Mezzie on February 03, 2017, 06:50:45 PM
1/1/2017: 39,409
2/3/2017: 55,570

That was a much bigger jump than I had actually planned. Uber Frugal January did its job!
Title: Re: Race from 10 to 100k!!
Post by: briesas on February 03, 2017, 07:04:27 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
Title: Re: Race from 10 to 100k!!
Post by: NickleNurser on February 03, 2017, 11:38:15 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
November 2016: 59,326
December 2016: 64,142
January 2017: 69,685
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on February 04, 2017, 04:34:13 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
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.
Title: Re: Race from 10 to 100k!!
Post by: akzidenz on February 04, 2017, 04:21:24 PM
DateNet 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!
Title: Re: Race from 10 to 100k!!
Post by: GeekyGirl on February 06, 2017, 08:47:59 AM
Hi,

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.
Couldn't wait for three months!!

Jan 17, 2017:  € 12,138 
Feb 06, 2017:  € 16,720
Title: Re: Race from 10 to 100k!!
Post by: TheCastle on February 08, 2017, 11:48:52 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).
Title: Re: Race from 10 to 100k!!
Post by: CmFtns on February 08, 2017, 12:07:17 PM
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
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 =)

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
  Wait, you went from 37 to 100 in a year?  Please share how!

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
Title: Re: Race from 10 to 100k!!
Post by: tomita on February 13, 2017, 09:23:21 PM
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 
30 Nov 2016   $115000-$29000=$86000
20 Dec 2016   $119500-$26770=$92730
I think we passed the 100K mark
Title: Re: Race from 10 to 100k!!
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
Title: Re: Race from 10 to 100k!!
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!
Title: Re: Race from 10 to 100k!!
Post by: NickleNurser on February 15, 2017, 10:14:37 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
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!
Title: Re: Race from 10 to 100k!!
Post by: BCpuppy on February 17, 2017, 10:30:49 AM
Starting now!
Feb 2016 39,500
Title: Re: Race from 10 to 100k!!
Post by: dogboyslim on February 18, 2017, 09:07:27 PM
2016:
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.
Title: Re: Race from 10 to 100k!!
Post by: MVal on February 19, 2017, 08:42:39 AM
Nicely done! Those must have been some tidy bonuses!

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.
Title: Re: Race from 10 to 100k!!
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
Title: Re: Race from 10 to 100k
Post by: BeautifulDay on February 25, 2017, 09:49:20 PM
$93371 today! So close to $100k. It would be possible to cross the line next month. But we plan on buying a house soon so we will be set back a bit for closing costs.  I guess for tracking purposes on this thread the value of the house will offset the loan.  So hopefully the only set back will be those closing costs.

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
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: FIREGuy on February 28, 2017, 07:51:09 AM
Oct 2016 - $17,457
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.
Title: Re: Race from 10 to 100k!!
Post by: merlin7676 on February 28, 2017, 08:20:39 AM
Man I can practically smell it :)
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
Title: Re: Race from 10 to 100k!!
Post by: Pooperman on February 28, 2017, 08:22:03 AM
DateNetworth
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
Title: Re: Race from 10 to 100k!!
Post by: intirb on February 28, 2017, 10:33:13 AM
someone keeps messing up the spreadsheet, and I keep having to restore it to a previous version.  unless you actually know what you're doing, please don't sort the sheet.  If you DO sort the sheet, double-check a few of the NWs (compare against previous versions) to make sure you didn't accidentally scramble everyone's info.

If you entered information after Feb 15, it's gone.  You'll have to re-enter it.
Title: Re: Race from 10 to 100k!!
Post by: beantown on February 28, 2017, 06:54:11 PM
Dec 2017: $16.4K
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.
Title: Re: Race from 10 to 100k!!
Post by: CmFtns on February 28, 2017, 07:19:32 PM
Here's my final numbers... It's been real fun but... I hope I'm never back here again =)
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
Title: Re: Race from 10 to 100k!!
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
Title: Re: Race from 10 to 100k!!
Post by: jeeebus on March 01, 2017, 02:30:52 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
Title: Re: Race from 10 to 100k!!
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 =)
thanks for the company all... now on to $250k

2017
Jan   $97,244.89
Feb  $103,330.77
Good job CmFtns!

I look forward to joining you there soon!
Title: Re: Race from 10 to 100k!!
Post by: Rodgers12 on March 01, 2017, 07:01:19 AM
07/31/2015: $36,978
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
Title: Re: Race from 10 to 100k!!
Post by: lamil on March 01, 2017, 07:38:18 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
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
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: jed2009 on March 02, 2017, 01:03:38 PM
I'm in on this!  Loving the threads around here to keep people motivated.  Is this net worth, or investments/cash only?  I will do net worth for now.

9/2014 - (-$16,300)
1/2015 - (-$13,000)
1/2016 - (-$284)
3/2017 - $31,380
Title: Re: Race from 10 to 100k!!
Post by: rg422 on March 02, 2017, 02:03:25 PM
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
Title: Re: Race from 10 to 100k!!
Post by: Trifle on March 03, 2017, 04:34:08 AM
Welcome Richard!   You're right that with both of you maxing out, you will be at $100k before you know it, and then it's on to the next race (to $250k).   :)
Title: Re: Race from 10 to 100k!!
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
Title: Re: Race from 10 to 100k!!
Post by: Epor on March 03, 2017, 10:30:58 AM

My very first post:
(RothIra + 401k + Mutual Funds)

03/01/2017 - $58131
Title: Re: Race from 10 to 100k!!
Post by: prickly_turing on March 04, 2017, 01:55:05 PM
First post.  Was near zero around Q4 2015 due to transitioning from school to software engineering job.  "Accidentally" saved a lot the first year due by avoiding too much lifestyle inflation (biking to work, rent is actually less expensive than while in school, etc). 

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.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on March 04, 2017, 02:52:39 PM
Welcome Eporedia and Prickly_Turing!  2017 is going to be one fine year . . .
Title: Re: Race from 10 to 100k!!
Post by: katthjul on March 05, 2017, 09:15:58 AM
EOY 2014: €0
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.
Title: Re: Race from 10 to 100k!!
Post by: Mezzie on March 05, 2017, 12:18:57 PM
I'm at just over $58k. Past the halfway mark!
Title: Re: Race from 10 to 100k!!
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
Title: Re: Race from 10 to 100k!!
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!
Title: Re: Race from 10 to 100k!!
Post by: monstermonster on March 06, 2017, 05:37:31 PM
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
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 :-/
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: LurkerStache on March 07, 2017, 01:55:34 AM
Sep 2016: 51598.42
Oct 2016: 54210.76
Nov 2016: 57821.07
Dec 2016: 59471.44
Jan 2017: 63,813.13
Feb 2017: 66,722.32
Title: Re: Race from 10 to 100k!!
Post by: Trifle on March 07, 2017, 04:01:23 AM
Nice progress LurkerStache!!

@Eporedia -- shout out to Wisconsin!  I lived there for many years.  Just moved away last year.
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on March 08, 2017, 04:15:44 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
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.
Title: Re: Race from 10 to 100k!!
Post by: BCpuppy on March 11, 2017, 12:42:00 PM
Starting now!
Feb 2016 39,500
March 41,627
Title: Re: Race from 10 to 100k!!
Post by: Slow&Steady on March 13, 2017, 09:15:17 AM
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.
Title: Re: Race from 10 to 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!!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on March 16, 2017, 11:54:16 AM
RG422 -- way to go!  You are almost there!  Very nice job
Title: Re: Race from 10 to 100k!!
Post by: MVal on March 17, 2017, 07:33:39 AM
Happy St. Patrick's Day, my fellow green Mustachians! I'm happy to report me 401K pot o' gold just crossed $60K, bringing my total NW to over $93K! Just a few more months until I graduate to the next level!

We are champions!
Title: Re: Race from 10 to 100k!!
Post by: starjay on March 17, 2017, 01:12:10 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.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on March 18, 2017, 03:58:56 AM
Welcome to the group Starjay!   Your snowball is looking great already, and will really take off in the fall!
Title: Re: Race from 10 to 100k!!
Post by: BeautifulDay on March 25, 2017, 11:57:32 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
Title: Re: Race from 10 to 100k!!
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.

Title: Re: Race from 10 to 100k!!
Post by: NickleNurser on March 28, 2017, 07:46:39 PM
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
Title: Re: Race from 10 to 100k!!
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
Title: Re: Race from 10 to 100k!!
Post by: Trifle 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! 
Title: Re: Race from 10 to 100k!!
Post by: dogboyslim on March 30, 2017, 07:44:47 AM
Values at the beginning of the month (about)

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.
Title: Re: Race from 10 to 100k!!
Post by: Pooperman on March 31, 2017, 05:49:40 AM
DateNetworth
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.
Title: Re: Race from 10 to 100k!!
Post by: lamil on March 31, 2017, 07:34:46 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
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
Title: Re: Race from 10 to 100k!!
Post by: merlin7676 on March 31, 2017, 07:59:46 AM
Great to see everybody's numbers.  And it's amazing to see how much and how quickly some of you can grow your stash.
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
Title: Re: Race from 10 to 100k!!
Post by: Wanttobehome on March 31, 2017, 09:24:57 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
Mar 2017 20,576+1828=22404


Still going up
Title: Re: Race from 10 to 100k!!
Post by: beantown on March 31, 2017, 09:43:41 AM
Dec 2017: $16.4K
Jan 2017: $21.8K
Feb 2017: $28.8K
Mar 2017: $35.1K
Title: Re: Race from 10 to 100k!!
Post by: frugalwitch on March 31, 2017, 11:16:44 AM
Currently at 86k but I'm going to buy a cruise and get my wisdown tooths out so it's going to go down next month :(. 78k to 86k since january !
Title: Re: Race from 10 to 100k!!
Post by: Trifle on April 01, 2017, 06:22:45 AM
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. 
Title: Re: Race from 10 to 100k!!
Post by: AcftW on April 01, 2017, 07:39:09 AM
$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
$81,435 - Apr 2017

Going to be a bit dry the next month or so.  Still on track for 100k by October though!
Title: Re: Race from 10 to 100k!!
Post by: Rodgers12 on April 01, 2017, 08:01:35 AM
07/31/2015: $36,978
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!
Title: Re: Race from 10 to 100k!!
Post by: Mezzie on April 01, 2017, 11:04:43 AM
1/1/2017: 39,409
2/3/2017: 55,570
3/3/2017: 58,000
4/1/2017: 72,455
This included a rather large tax return.
Title: Re: Race from 10 to 100k!!
Post by: katthjul on April 02, 2017, 04:09:25 AM
EOY 2014: €0
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.
Title: Re: Race from 10 to 100k!!
Post by: prickly_turing on April 02, 2017, 11:34:33 AM
Jan 1 2017   $53743
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. 
Title: Re: Race from 10 to 100k!!
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
Title: Re: Race from 10 to 100k!!
Post by: Trifle 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!

Title: Re: Race from 10 to 100k!!
Post by: Epor on April 03, 2017, 08:12:01 AM
(RothIra + 401k + Mutual Funds)   
3/1/2017   58135.00
4/1/2017   60236.00
Title: Re: Race from 10 to 100k!!
Post by: TheCastle on April 03, 2017, 08:26:28 AM
Jan 17:  $19,166.96
Feb 17:  $20,947.41
Mar 17:  $21,475.05
April 17:  $27,876.31
Title: Re: Race from 10 to 100k!!
Post by: edmundblackadder on April 03, 2017, 09:28:30 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?
Title: Re: Race from 10 to 100k!!
Post by: Trifle on April 03, 2017, 09:41:10 AM
[cue Kool and the Gang]

Awesome job Edmund !!!!!!!!!!
Title: Re: Race from 10 to 100k!!
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!
Title: Re: Race from 10 to 100k!!
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!
Title: Re: Race from 10 to 100k!!
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!
Title: Re: Race from 10 to 100k!!
Post by: SarkastikNinja on April 04, 2017, 08:06:54 AM
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
Title: Re: Race from 10 to 100k!!
Post by: GeekyGirl on April 04, 2017, 08:41:29 AM
Jan 17, 2017:  € 12,138 
Feb 06, 2017:  € 16,720
Apr 04, 2017:  € 23,400

Bonus was OKish.
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on April 06, 2017, 04:03:36 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
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..?
Title: Re: Race from 10 to 100k!!
Post by: recklesslysober on April 06, 2017, 11:20:34 AM
I love watching everyone go up! Lots of hustle in this thread.
Title: Re: Race from 10 to 100k!!
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
Title: Re: Race from 10 to 100k!!
Post by: Trifle 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. 
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: Cezil on April 14, 2017, 07:17:13 AM
Dec-16: $32,870.70
Mar-17: $42,371.10

I can't wait to get over 50K!
Title: Re: Race from 10 to 100k!!
Post by: SingleMomDebt on April 17, 2017, 11:09:47 AM
Just hit $41 over 50K NW yesterday (with a little force). :)
Title: Re: Race from 10 to 100k!!
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!
Title: Re: Race from 10 to 100k!!
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! :)
Title: Re: Race from 10 to 100k!!
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 
Title: Re: Race from 10 to 100k!!
Post by: Trifle 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!
Title: Re: Race from 10 to 100k!!
Post by: Wanttobehome on April 19, 2017, 10:14:26 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+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
Title: Re: Race from 10 to 100k!!
Post by: mustache you a question on April 19, 2017, 11:29:38 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
Title: Re: Race from 10 to 100k!!
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!
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: ingrownstudentloans on April 19, 2017, 03:18:43 PM
January 2017: (10,116.43) - artificially low by about $5,000 due to missing Mint account
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!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on April 19, 2017, 03:59:54 PM
Nice progress, Ingrown! Love your username.   
Title: Re: Race from 10 to 100k!!
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).
Title: Re: Race from 10 to 100k!!
Post by: Gardo on April 19, 2017, 08:21:23 PM
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
Title: Re: Race from 10 to 100k!!
Post by: Trifle 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.   
Title: Re: Race from 10 to 100k!!
Post by: Trifle 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!
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: PhoenixHeat on April 22, 2017, 03:25:54 PM
On the way to 100K
HSA, 401k, company stock, backup cash, 529s, everything, as of today..

$39K

Title: Re: Race from 10 to 100k!!
Post by: monstermonster on April 24, 2017, 03:54:37 PM
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
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)
Title: Re: Race from 10 to 100k!!
Post by: dreadmoose on April 26, 2017, 02:44:08 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).
Title: Re: Race from 10 to 100k!!
Post by: Trifle 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
Title: Re: Race from 10 to 100k!!
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.
Title: Re: Race from 10 to 100k!!
Post by: dreadmoose on April 27, 2017, 12:26:53 AM
Thanks for the welcome!

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

Title: Re: Race from 10 to 100k!!
Post by: jeeebus on April 27, 2017, 02:54:00 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


Title: Re: Race from 10 to 100k!!
Post by: Trifle 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!
Title: Re: Race from 10 to 100k!!
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
Title: Re: Race from 10 to 100k!!
Post by: Pooperman on April 28, 2017, 05:45:47 AM
DateNetworth
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
Title: Re: Race from 10 to 100k!!
Post by: lamil on April 28, 2017, 07:17:25 AM
DateNetworth
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.
Title: Re: Race from 10 to 100k!!
Post by: lamil on April 28, 2017, 07:23:16 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
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
April 28th, 2017: $75,857
Title: Re: Race from 10 to 100k!!
Post by: Pooperman on April 28, 2017, 07:42:55 AM
DateNetworth
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.
Title: Re: Race from 10 to 100k!!
Post by: dogboyslim on April 28, 2017, 07:54:01 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!
Title: Re: Race from 10 to 100k!!
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. :)
Title: Re: Race from 10 to 100k!!
Post by: cashmoney on April 28, 2017, 09:08:43 AM
I want to get into this race.  My current net worth is $82,123.14 as of today.  I think I can get to $100,000 by the end of the year.
Title: Re: Race from 10 to 100k!!
Post by: mustache you a question on April 28, 2017, 10:27:05 AM
Totals from the first of the month...

Jan 2017 - 9,926
Feb 2017 - 15,869
March 2017 - 21,618
April 2017 - 22,738
May 2017 - 29,255
Title: Re: Race from 10 to 100k!!
Post by: Trifle 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!!!
Title: Re: Race from 10 to 100k!!
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
Title: Re: Race from 10 to 100k!!
Post by: Mezzie on April 29, 2017, 08:15:08 AM
I've decided to use a whole new metric. Instead of net worth, I'm just going to track what's in my retirement accounts (not my husband's and not my pension). Our mortgage is less per month than rent would be, and the money in our accounts is for specific things like car repair, home repair, and emergencies, so it is there to be eventually spent. It's the retirement accounts that we're going to have to live off of, so that's what matters. Also, in this political climate, I'm not sure my pension will make it to retirement with me.

That puts me at 81,000.
Title: Re: Race from 10 to 100k!!
Post by: Milkm4n on April 29, 2017, 10:13:47 AM
Hey everyone, first time poster here. Congrats on all of your achievements 👍

Net Worth History

Dec 2006-2016 : 45k
Jan 2017 : 55k.  (Discovered mmm)
Feb 2017 : 58.2k
Mar 2017 : 69.1k
Apr 2017 : 74.3k

My income is highly variable with overtime, but goal is NW 100 k by Dec 2017.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on April 29, 2017, 10:41:56 AM
Welcome Deek16!  You've landed on a great thread.  Lots of hustle and support.

And go Pooperman!  You are almost there!
Title: Re: Race from 10 to 100k!!
Post by: LurkerStache on April 29, 2017, 09:55:56 PM
Sep 2016: 51598.42
Oct 2016: 54210.76
Nov 2016: 57821.07
Dec 2016: 59471.44
Jan 2017: 63,813.13
Feb 2017: 66,722.32

Mar 2017: $70,782.46
Apr 2017: $73,027.41
Title: Re: Race from 10 to 100k!!
Post by: ingrownstudentloans on April 30, 2017, 04:18:20 PM
January 1,2017: (10,116.43) - artificially low by about $5,000 due to missing Mint account
February 1, 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 1, 2017: 15,032.52
April 1, 2017: 20,214.77

May 1, 2017: 26,821.87
Title: Re: Race from 10 to 100k!!
Post by: Rodgers12 on April 30, 2017, 05:51:39 PM
07/31/2015: $36,978
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
04/30/2017: $98,749

Looking like May will finally be the month I hit 100k!

Congratulations Dogboy!
Title: Re: Race from 10 to 100k!!
Post by: Pooperman on April 30, 2017, 06:38:26 PM
07/31/2015: $36,978
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
04/30/2017: $98,749

Looking like May will finally be the month I hit 100k!

Congratulations Dogboy!

We followed a very similar trajectory and we're the same age. Congrats!
Title: Re: Race from 10 to 100k!!
Post by: katthjul on May 01, 2017, 02:30:46 AM
EOY 2014: €0
EOY 2015: €16,728
EOY 2016: €41,467
Jan 2017: €42,037
Feb 2017: €45,956
Mar 2017: €48,399
Apr 2017: €48,580

Nothing saved this month. I may need the cash for an upcoming vacation and related shopping.
Title: Re: Race from 10 to 100k!!
Post by: AcftW on May 01, 2017, 06:01:27 AM
$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
$81,435 - Apr 2017
$83,652 - May 2017

Might be either down in June or just about the same.  Moving to Alaska somewhat quickly and am about to sell my car for a loss.  I'll make it up soon enough though!  Still projecting to cross the line in October.
Title: Re: Race from 10 to 100k!!
Post by: TheCastle on May 01, 2017, 06:24:11 AM
Jan 17:  $19,166.96
Feb 17:  $20,947.41
Mar 17:  $21,475.05
April 17:  $27,876.31
May 17:  $29,012.44
Title: Re: Race from 10 to 100k!!
Post by: Overflow on May 01, 2017, 06:47:40 AM
May 1st Update:
2/1/2017   $45,014.18
3/1/2017   $50,670.45
4/1/2017   $51,983.46
5/1/2017   $52,910.18

We have about 6K in house maintenance and renovation expenses coming next month. We might step back under 50K, but then its full speed ahead to 100K.
Title: Re: Race from 10 to 100k!!
Post by: Rodgers12 on May 01, 2017, 07:32:58 AM
07/31/2015: $36,978
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
04/30/2017: $98,749

Looking like May will finally be the month I hit 100k!

Congratulations Dogboy!

We followed a very similar trajectory and we're the same age. Congrats!

I never realized just how close our numbers were, very cool! Looking forward to following and tracking our progress in the 100-250k group.
Title: Re: Race from 10 to 100k!!
Post by: merlin7676 on May 01, 2017, 08:03:46 AM
Great job everybody. Looks like there are several of us that will be graduating very soon.   I hope that by end of May (June 1st) that I will hit 100K but more likely it will be end of June.
As always it depends largely on the market. And I don't include my house value since it's not an asset to me until I sell

Dec-15   $47,513.96
Jan-16   $44,058.68
Feb-16   $46,830.84
Mar-16   $58,923.60
Apr-16   $62,829.27
May-16   $64,177.27
Jun-16   $65,378.17
Jul-16   $70,092.21
Aug-16   $70,534.23
Sep-16   $73,742.76
Oct-16   $74,282.52
Nov-16   $77,284.23
Dec-16   $80,583.50
Jan-17   $84,085.00
Feb-17   $88,759.35
Mar-17   $93,104.53
Apr-17   $97,055.03

Title: Re: Race from 10 to 100k!!
Post by: Epor on May 01, 2017, 08:08:58 AM

3/1/2017   58135.00
4/1/2017   60236.00
5/1/2017   62819.00


Title: Re: Race from 10 to 100k!!
Post by: Slow&Steady on May 01, 2017, 10:52:31 AM
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.

April finished off with an overall increase of almost $1900 in the 401k and $326 in the IRA.

                  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
Apr 2017: $78,946   $1026    $79,972
Title: Re: Race from 10 to 100k!!
Post by: SarkastikNinja on May 01, 2017, 02:42:11 PM

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.

Haha, thanks Trifele. I used a random username generator to come up with that one and it made me laugh, so I used it. Had a change of heart and switched it again.


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
17-04-30 :               75,589.36

April was the first month of summer-time 20% pay reduction, so I didn't make great progress this month. May will hopefully be better, and my tax return should come in this month.
Title: Re: Race from 10 to 100k!!
Post by: beantown on May 01, 2017, 04:46:37 PM
Dec 2017: $16.4K
Jan 2017: $21.8K
Feb 2017: $28.8K
Mar 2017: $35.1K
Apr 2017: $40.9K

Keep on chugging... at the current trend should hit $50K by end of June!
Title: Re: Race from 10 to 100k!!
Post by: MVal on May 05, 2017, 05:24:32 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.

Now sitting at $98,300. I moved out to my own rental house in February, and even though it was before my goal of hitting $100K, I've still managed to raise my net worth considerably despite my increase in cost of living. I guess I have the inflation of the market to thank for that.
Title: Re: Race from 10 to 100k!!
Post by: ptgearguy on May 05, 2017, 11:56:14 PM
Going to jump into the race. Feels great to be working up for a change :)
I am currently only counting invested assets and savings and not counting house as it is my home and not really very liquid :)

May 5th, 2017 Questrade: 18534; Tangerine: 2054 RRSP and 4482 in savings: Total: 25070
Title: Re: Race from 10 to 100k!!
Post by: prickly_turing on May 06, 2017, 08:35:41 AM
Jan 1 2017   $53743
Feb 1 2017   $59995
Mar 1 2017   $65150
Apr 1 2017   $70592
May 1 2017   $76536

This month I am expecting a bonus of about $2500 (after tax) due to RSU vesting.  So, hopefully May 1 - June 1 will have a slightly larger than usual bump.
Title: Re: Race from 10 to 100k!!
Post by: senorpanqueque on May 06, 2017, 12:50:43 PM
First reply on this one.. been meaning to join but never have.

Oct-15   $11,131.65   -$4,622.42   $6,509.23
Nov-15   $12,323.24   -$778.01   $11,545.23
Dec-15   $16,413.13   -$1,417.11   $14,996.02
Jan-16   $18,947.19   -$1,221.32   $17,725.87
Feb-16   $22,788.60   -$941.23   $21,847.37
Mar-16   $28,447.46   -$992.92   $27,454.54
Apr-16   $29,448.18   -$673.97   $28,774.21
May-16   $30,988.20   -$725.81   $30,262.39
Jun-16   $35,289.11   -$2,514.94   $32,774.17
Jul-16   $34,759.85   -$510.30   $34,249.55
Aug-16   $33,835.72   -$2,317.61   $31,518.11
Sep-16   $33,315.41   -$2,654.75   $30,660.66
Oct-16   $34,976.88   -$204.94   $34,771.94
Nov-16   $37,357.68   -$28.09   $37,329.59
Dec-16   $41,144.84   -$734.62   $40,410.22
Jan-17   $42,809.53   -$949.66   $41,859.87
Feb-17   $44,034.74   -$175.49   $43,859.25
Mar-17   $49,400.65   -$922.46   $48,478.19
Apr-17   $49,922.15   -$136.41   $49,785.74
May-17   $51,267.21   -$201.61   $51,065.60


Title: Re: Race from 10 to 100k!!
Post by: Bart1ma3u5 on May 08, 2017, 08:53:35 AM


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

$93,012 Wedding expenses cut into a large amount of this months savings. Hopefully I should still be able to make it by June or July.
Title: Re: Race from 10 to 100k!!
Post by: Wanttobehome on May 08, 2017, 10:49:37 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+1,673            = 21,754
Mar 2017 20,576+1,828            = 22,404
Apr 2017  21,071+1,890+2300  =25,261
May 2017                                   =25,779
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on May 08, 2017, 12:58:12 PM
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
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
May 17: 46766
Title: Re: Race from 10 to 100k!!
Post by: Wanttobehome on May 09, 2017, 10:19:20 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+1,673            = 21,754
Mar 2017 20,576+1,828            = 22,404
Apr 2017  21,071+1,890+2300  =25,261
May 2017                                   =25,779
Title: Re: Race from 10 to 100k!!
Post by: MVal on May 09, 2017, 10:20:50 AM
DateNetworth
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.

I'm in the same boat. I am at $98K right now and should have no problem hitting 100K by the end of June, but I'd really be excited if I could make it happen by the end of this month. I don't really see any way of expediting it except relying on the market to stay high, though.
Title: Re: Race from 10 to 100k!!
Post by: givemesunshine on May 11, 2017, 05:07:30 PM
I haven't updated for a while - been on holiday and missed a few entries. Saving is going ok - should pick up now with fewer medical expenses and no holidays booked.

Good to see everyone's progress - keep it up!

Title: Re: Race from 10 to 100k!!
Post by: Pooperman on May 13, 2017, 09:42:14 AM
DateNetworth
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
5/15/2017$100,200.00

Graduation!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on May 13, 2017, 10:21:01 AM
DateNetworth
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
5/15/2017$100,200.00

Graduation!

Congratulations!!!!!!!!   Woo hoo!   
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on May 13, 2017, 11:45:10 AM
DateNetworth
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
5/15/2017$100,200.00

Graduation!

well done!! good luck in the next thread!
Title: Re: Race from 10 to 100k!!
Post by: seventytimes7 on May 15, 2017, 02:20:32 PM
Finally able to join! Hopefully it'll continue to snowball.

2/1/2017 - ($6,832)
3/1/2017 -   $66
4/1/2017 - $ 6,298
5/1/2017 - $12,179
Title: Re: Race from 10 to 100k!!
Post by: SarkastikNinja on May 15, 2017, 06:08:22 PM
Congratulations, Pooperman! See you in next thread!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on May 16, 2017, 04:50:31 AM
Finally able to join! Hopefully it'll continue to snowball.

2/1/2017 - ($6,832)
3/1/2017 -   $66
4/1/2017 - $ 6,298
5/1/2017 - $12,179

Welcome Seventy!  Awesome monthly progress numbers.  You are doing great!
Title: Re: Race from 10 to 100k!!
Post by: starjay on May 16, 2017, 12:34:00 PM
May update!
January 2017:  54,765.72
February 2017: 58,616.88
March 2017:    62,304.54
April 2017:    63,589.66
May 2017:      65,736.47

Title: Re: Race from 10 to 100k!!
Post by: starjay on May 16, 2017, 12:35:53 PM
DateNetworth
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
5/15/2017$100,200.00

Graduation!

Whoo-hoo! Congrats!
Title: Re: Race from 10 to 100k!!
Post by: starjay on May 16, 2017, 12:36:53 PM
Finally able to join! Hopefully it'll continue to snowball.

2/1/2017 - ($6,832)
3/1/2017 -   $66
4/1/2017 - $ 6,298
5/1/2017 - $12,179

This is great progress! Go you!
Title: Re: Race from 10 to 100k!!
Post by: Slow&Steady on May 24, 2017, 07:55:23 AM
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.

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.

I have been watching my 401K closer than usual because I was so close to that $80k mark and man has it gone up and down all month but today I crossed it!  I know that it might go back under that mark tomorrow but for today it is over it, and next week when my contribution goes in it should be over it for good!!

                    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
Apr 2017:   $78,946      $1026     $79,972
 5/24/17:    $80,007     $1040      $81,047
Title: Re: Race from 10 to 100k!!
Post by: MVal on May 24, 2017, 09:51:28 AM
Sitting at $99,500 today...I'm just a day's market jump or two away from the moment I've been waiting three years for. Could even be today! I wonder how I'll celebrate...I'm tempted to have a fancy dinner or buy something nice for myself, but wonder if that would be antithetical to the victory, lol.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on May 24, 2017, 09:57:27 AM
That is great, MVal!!!  As a mustachian it is hard to know how to celebrate such things, ha ha.  At the very least you can post it here and know that your fellow mustachians are celebrating with you.
Title: Re: Race from 10 to 100k!!
Post by: HabitualLineStepper on May 26, 2017, 04:13:53 PM
I am happy to join this race from 10 to 100k! 

Here is my current standing.

Other savings: $1,920.22
Emergency fund: $,15,000.00
IRA: $9,294.88
Debts: $0

Net worth: $26,215.10

Game on!


Title: Re: Race from 10 to 100k!!
Post by: Trifle on May 26, 2017, 04:46:41 PM
Welcome HLS!   
Title: Re: Race from 10 to 100k!!
Post by: Mezzie on May 27, 2017, 06:39:48 AM
I graduated!

$102,235

🎉
Title: Re: Race from 10 to 100k!!
Post by: SingleMomDebt on May 27, 2017, 08:48:42 AM
I graduated!

$102,235



Woo hoo! Congrats.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on May 27, 2017, 10:13:46 AM
I graduated!

$102,235



Woo hoo! Congrats.

Yay!!  You rock!!! 
Title: Re: Race from 10 to 100k!!
Post by: frugalwitch on May 27, 2017, 02:00:55 PM
Currently at 86k but I'm going to buy a cruise and get my wisdown tooths out so it's going to go down next month :(. 78k to 86k since january !

Did the cruise (2250$), got my wisdom tooths out (1350$). NW is now at 87k.  Got a second job so I'm hoping I'll be able to increase my income a bit.
Title: Re: Race from 10 to 100k!!
Post by: dreadmoose on May 29, 2017, 11:13:12 AM
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
2017-06-01    $16,623

A great progress month, starting focusing on reducing spending. No tangible benefits yet but a slow strategy/ mind-shift is in the works.

Future:

Contemplating taking profits out of the business weekly instead of bi-weekly to increase time in market
Researched a bit about the Smith Manoeuvre to use the equity from the condo once I am done in TFSA/RRSP investments
Title: Re: Race from 10 to 100k!!
Post by: BeautifulDay on May 29, 2017, 07:10:28 PM
I've been over and under $100k all month.  But I didn't want to post here until I knew for sure that I could end the month over the magic number.  I'm going to scrape by at $100,421 for the end of May. So excited to be working towards $250k.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on May 30, 2017, 05:12:56 AM
I've been over and under $100k all month.  But I didn't want to post here until I knew for sure that I could end the month over the magic number.  I'm going to scrape by at $100,421 for the end of May. So excited to be working towards $250k.

Congratulations, Beautiful Day!!! 
Title: Re: Race from 10 to 100k!!
Post by: felixbf on May 30, 2017, 05:29:33 AM
So close... 97 582 ...Company bonus next week should put me way over 100 000 ..
Title: Re: Race from 10 to 100k!!
Post by: cashmoney on May 31, 2017, 06:42:01 AM
I want to get into this race.  My current net worth is $82,123.14 as of today.  I think I can get to $100,000 by the end of the year.

5/31/2017: $83,416.85

That is a growth of $1,293.71.  Which puts me on pace to reach $92,500ish by the end of the year.  BUT I get a big 401k contribution in July and 2 bonuses (June and December) which should put me over the 100k mark.  That's exciting.
Title: Re: Race from 10 to 100k!!
Post by: lamil on May 31, 2017, 07:45:56 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
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
April 28th, 2017: $75,857
May 31st, 2017: $79,166
Title: Re: Race from 10 to 100k!!
Post by: merlin7676 on May 31, 2017, 08:10:41 AM
Mmmm a lot of graduates this month. Pleased to say I'm one of them as well!
Good Luck to the rest of you and I'll see you in the 100K-250K soon I hope!

Dec-15   $47,513.96
Jan-16   $44,058.68
Feb-16   $46,830.84
Mar-16   $58,923.60
Apr-16   $62,829.27
May-16   $64,177.27
Jun-16   $65,378.17
Jul-16   $70,092.21
Aug-16   $70,534.23
Sep-16   $73,742.76
Oct-16   $74,282.52
Nov-16   $77,284.23
Dec-16   $80,583.50
Jan-17   $84,085.00
Feb-17   $88,759.35
Mar-17   $93,104.53
Apr-17   $97,055.03
May-17   $100,655.06

As always this doesn't include my house as I don't consider it an asset unless/until I sell it.
Title: Re: Race from 10 to 100k!!
Post by: ingrownstudentloans on May 31, 2017, 08:24:32 AM
January 1,2017: (10,116.43) - artificially low by about $5,000 due to missing Mint account
February 1, 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 1, 2017: 15,032.52
April 1, 2017: 20,214.77
May 1, 2017: 26,821.87
June 1, 2017: 32,073.88
Title: Re: Race from 10 to 100k!!
Post by: FIREGuy on May 31, 2017, 08:26:31 AM
Missed a couple months but back in the swing of things now. Some more home repairs but things have leveled out for now.

Oct 2016 - $17,457
November 2016 - $35,747
December 2016 - $39,657
January 2017 - $45,491
February 2017 - $47,327
March 2017 - ?
April 2017 - ?
May 2017 - $62,565
Title: Re: Race from 10 to 100k!!
Post by: starjay on May 31, 2017, 08:50:51 AM
Mmmm a lot of graduates this month. Pleased to say I'm one of them as well!
Good Luck to the rest of you and I'll see you in the 100K-250K soon I hope!

Dec-15   $47,513.96
Jan-16   $44,058.68
Feb-16   $46,830.84
Mar-16   $58,923.60
Apr-16   $62,829.27
May-16   $64,177.27
Jun-16   $65,378.17
Jul-16   $70,092.21
Aug-16   $70,534.23
Sep-16   $73,742.76
Oct-16   $74,282.52
Nov-16   $77,284.23
Dec-16   $80,583.50
Jan-17   $84,085.00
Feb-17   $88,759.35
Mar-17   $93,104.53
Apr-17   $97,055.03
May-17   $100,655.06

As always this doesn't include my house as I don't consider it an asset unless/until I sell it.

Congrats on your graduation! Have fun over in the next thread! :)
Title: Re: Race from 10 to 100k!!
Post by: LawBookstore on May 31, 2017, 12:59:18 PM
First time checking in! Here's what the last few months have looked like:

1/1/17: $50,628
2/1/17: $54,828
3/1/17: $56,100
4/1/17: $60,393
5/1/17: $63,775
6/1/17: $67,020

I may have an expensive summer coming up (buying a car for the first time, moving long-distance, possible break between jobs), but here's hoping I can stay on track for my goal of $80k at year's end. And then $100k before my 27th birthday in 2018!
Title: Re: Race from 10 to 100k!!
Post by: SingleMomDebt on May 31, 2017, 01:18:35 PM
Woohoo, I am #1 on the spreadsheet (temporarily, of course. let me bask in my glory for a few moments. LOL). I updated spreadsheet so you can enter your 5/31/17 NW # - see post #1 for link to doc)
Title: Re: Race from 10 to 100k!!
Post by: LurkerStache on May 31, 2017, 04:16:02 PM
Sep 2016: 51598.42
Oct 2016: 54210.76
Nov 2016: 57821.07
Dec 2016: 59471.44
Jan 2017: 63,813.13
Feb 2017: 66,722.32
Mar 2017: 70,782.46
Apr 2017: 73,027.41
May 2017: 76,803.28
Title: Re: Race from 10 to 100k!!
Post by: Bart1ma3u5 on June 01, 2017, 06:08:54 AM


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

$93,012 Wedding expenses cut into a large amount of this months savings. Hopefully I should still be able to make it by June or July.

$95,556 Still moving forward but not as much as I expected or would like due to more spending than anticipated.

Woohoo, I am #1 on the spreadsheet (temporarily, of course. let me bask in my glory for a few moments. LOL). I updated spreadsheet so you can enter your 5/31/17 NW # - see post #1 for link to doc)
Thanks for keeping that updated! I was wondering who was doing it. I took the #1 spot from you but hopefully will move on and leave it wide open to you soon!
Title: Re: Race from 10 to 100k!!
Post by: mustache you a question on June 01, 2017, 06:51:56 AM
Jan 2017 - 9,926
Feb 2017 - 15,869
March 2017 - 21,618
April 2017 - 22,738
May 2017 - 29,255
June 2017 - 30,880

Little less growth than I would have liked this month, mainly due to 2 different trips that I took in May.  Already had cash saved up for those trips though, so overall not terrible!
Title: Re: Race from 10 to 100k!!
Post by: Middlesbrough on June 01, 2017, 07:02:17 AM
May-14   $6,441.86
Jun-14   $12,840.96
Jul-14   $14,228.51
Aug-14   $16,568.94
Sep-14   $16,405.37
Oct-14   $17,647.11
Nov-14   $19,157.57
Dec-14   $24,216.76
Jan-15   $23,530.54
Feb-15   $27,169.76
Mar-15   $28,499.94
Apr-15   $33,976.39
May-15   $36,996.25
Jun-15   $37,354.83
Jul-15   $38,049.54
Aug-15   $41,356.71
Sep-15   $37,125.71
Oct-15   $43,377.98
Nov-15   $44,193.60
Dec-15   $51,724.61
Jan-16   $44,780.99
Feb-16   $49,644.72
Mar-16   $57,134.73
Apr-16   $60,206.90
May-16   $61,049.20
Jun-16   $63,487.87
Jul-16   $67,345.32
Aug-16   $74,569.29
Sep-16   $75,910.62
Oct-16   $75,328.98
Nov-16   $79,324.56
Dec-16   $85,756.02
Jan-17   $91,589.01
Feb-17   $92,770.78
Mar-17   $97,514.61
Apr-17   $98,337.84
May-17   $100,028.41

I have graduated! I took a hard dip at the end of the month and almost didn't make it.

Keep up the good work everyone!
Title: Re: Race from 10 to 100k!!
Post by: Epor on June 01, 2017, 07:20:16 AM

Congrats to all graduates!

My update:

(RothIra + 401k + Mutual Funds)   
3/1/2017   58135.00
4/1/2017   60236.00
5/1/2017   62819.00
6/1/2017   67033.00
Title: Re: Race from 10 to 100k!!
Post by: MVal on June 01, 2017, 07:48:32 AM
YAASSSSS! I made it! Graduation!!

NW balances at the beginning of each month this year:

Jan 2017 - 84,200
Feb 2017 - 88,000
March 2017 - 92,800
April 2017 - 93,500
May 2017 - 97,800
May 31st, 2017 - 100,200

At the beginning of the year, I projected I would hit $100K by mid June, but I managed to hit it by the last day in May! So happy! Well, on to the next level, see you all there soon!
Title: Re: Race from 10 to 100k!!
Post by: Rodgers12 on June 01, 2017, 07:54:09 AM
07/31/2015: $36,978
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
04/30/2017: $98,749
05/31/2017: $101,116

Haven't felt this accomplished since I paid off all of my student loans almost 2 years ago! Next up the 100 to 250k goal!
Congrats to everybody who graduated this month and Keep up the good work everyone!
Hope to see you all in the next thread.
Title: Re: Race from 10 to 100k!!
Post by: Pooperman on June 01, 2017, 08:36:04 AM
Seems like May 2017 was a large graduation month (and not just for college folks)!
Title: Re: Race from 10 to 100k!!
Post by: seventytimes7 on June 01, 2017, 08:48:08 AM
Great job to everyone who graduated! It helps put it all in perspective for those of us just starting out.

My growth is on the right track, but a little less than I wanted for the month. I have a bunch of outstanding work reimbursements that should hit next week, all of which will go into savings.

2/1/2017 - ($6,832)
3/1/2017 -   $66
4/1/2017 - $ 6,298
5/1/2017 - $12,179
6/1/2017 - $17,418
Title: Re: Race from 10 to 100k!!
Post by: starjay on June 01, 2017, 08:54:05 AM
Woohoo, I am #1 on the spreadsheet (temporarily, of course. let me bask in my glory for a few moments. LOL). I updated spreadsheet so you can enter your 5/31/17 NW # - see post #1 for link to doc)

Whoo for the (temporary) #1 spot! :) And thanks for the reminder...I just added myself to the spreadsheet.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on June 01, 2017, 09:23:45 AM
Congratulations grads!!! 
Title: Re: Race from 10 to 100k!!
Post by: onecoolcat on June 01, 2017, 10:54:47 AM
I'll throw down.

June 1, 2017 - $51,115 [$83.8k in investments and $32.7k in 0% liabilities (loan from wife & monthly credit card balance)]

I expect it will be a crawl for the next few months due to having a 4 month old and my wife being a stay at home mom (by choice) for the foreseeable future. 
Title: Re: Race from 10 to 100k!!
Post by: Milkm4n on June 01, 2017, 11:07:37 AM
May Update

Dec 2017 - 45,241
Jan 2017 - 55,143
Feb 2017 - 58,239
Mar 2017 - 69,145
Apr 2017 - 74,332
May 2017 - 77,876

Pretty standard month for me. No major amount of overtime. A little electrical work done, but no other unusual expenses. Company shares did well, but eventually would like to switch over to etfs as they account for over half of my net worth right now.
Congrats to all the recent graduates 👍
Title: Re: Race from 10 to 100k!!
Post by: Epor on June 02, 2017, 12:28:50 PM
May Update

Dec 2017 - 45,241
Jan 2017 - 55,143
Feb 2017 - 58,239
Mar 2017 - 69,145
Apr 2017 - 74,332
May 2017 - 77,876

Pretty standard month for me. No major amount of overtime. A little electrical work done, but no other unusual expenses. Company shares did well, but eventually would like to switch over to etfs as they account for over half of my net worth right now.
Congrats to all the recent graduates 👍

OMG! You added 32k in 6 months! You will be in the next race in no time, it's awesome.
Title: Re: Race from 10 to 100k!!
Post by: Milkm4n on June 03, 2017, 05:57:27 AM
Thanks Eporedia :)
My increases have been driven by massive amounts of overtime and a nice tax return this year. Monthly gains should slow down over the summer months. Goal is to hit 100k by the end of the year, with a stretch goal of 110k.
Title: Re: Race from 10 to 100k!!
Post by: beantown on June 03, 2017, 01:08:34 PM
Dec 2017: $16.4K
Jan 2017: $21.8K
Feb 2017: $28.8K
Mar 2017: $35.1K
Apr 2017: $40.9K
May 2017: $47.9K

Good month in the markets and continued my usual savings despite the 2 week vacation I just took. Yay to YNAB for planning and smoothing sporadic spending.
Title: Re: Race from 10 to 100k!!
Post by: JuicyCrab on June 03, 2017, 07:41:07 PM
Sounds fun!

Invested Liquid Assets

Mar-16    $1,906
Apr-16    $5,579
Jun-16    $17,900
Jul-16    $18,614
Aug-16    $22,242
Sep-16    $22,789
Oct-16    $20,703
Nov-16    $27,893
Dec-16    $33,855
Jan-17    $38,492
Feb-17    $40,308
Mar-17    $45,551
Apr-17    $51,170
May-17    $58,076
Title: Re: Race from 10 to 100k!!
Post by: ptgearguy on June 03, 2017, 08:57:31 PM
Going to jump into the race. Feels great to be working up for a change :)
I am currently only counting invested assets and savings and not counting house as it is my home and not really very liquid :)

May 5th, 2017 Questrade: 18534; Tangerine: 2054 RRSP and 4482 in savings: Total: 25070

June 3, 2017: 28360
Title: Re: Race from 10 to 100k!!
Post by: ptgearguy on June 03, 2017, 09:24:20 PM
Just wanted to add and say congrats to all those that made it to the 100k mark in the last week :D. I hope I see you guys in the next thread :)
Title: Re: Race from 10 to 100k!!
Post by: prickly_turing on June 04, 2017, 10:53:48 PM
Jan 1 2017   $53743
Feb 1 2017   $59995
Mar 1 2017   $65150
Apr 1 2017   $70592
May 1 2017   $76536
Jun 1 2017.  $84427

Greater than average increase was due to RSU vesting.  Next month should be back to the usual.  Its looking like I may reach 100k around September 1.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on June 05, 2017, 03:58:01 AM
Sounds fun!

Invested Liquid Assets

Mar-16    $1,906
Apr-16    $5,579
Jun-16    $17,900
Jul-16    $18,614
Aug-16    $22,242
Sep-16    $22,789
Oct-16    $20,703
Nov-16    $27,893
Dec-16    $33,855
Jan-17    $38,492
Feb-17    $40,308
Mar-17    $45,551
Apr-17    $51,170
May-17    $58,076

Welcome JuicyCrab! Man, you have picked up the pace month over month. Nice job!
Title: Re: Race from 10 to 100k!!
Post by: Slow&Steady on June 05, 2017, 09:47:37 AM
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.

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.

My goal is $90k by the end of year, I am starting to think I might actually hit that goal.

                    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
Apr 2017:   $78,946      $1026     $79,972
 5/24/17:    $80,007     $1040      $81,047
 6/05/17:    $82,048     $1057      $83,105
Title: Re: Race from 10 to 100k!!
Post by: viverl on June 05, 2017, 11:33:52 AM
06/2014  2.500€
09/2016  43.882,85
12/2016: 48.143,58
01/2017: 50.380 €

update:
06/2017: 57.191,37
Title: Re: Race from 10 to 100k!!
Post by: monstermonster on June 05, 2017, 12:06:16 PM
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
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: $22,071
5/30/2017: $22,459
6/03/2017: $22,803 <--- took my first paycheck from my own business(!) $1000

This graph is pretty fun, bare in mind that I'm making about $25,000 annually right now, highest income in past 2 years was $3,750/month gross for 3 months last year.

(http://i.imgur.com/2zJiWEt.png)
Title: Re: Race from 10 to 100k!!
Post by: BeautifulDay on June 05, 2017, 06:57:36 PM

6/03/2017: $22,803 <--- took my first paycheck from my own business(!) $1000


Congrats! Quite the milestone.
Title: Re: Race from 10 to 100k!!
Post by: JuicyCrab on June 05, 2017, 09:08:39 PM
Sounds fun!

Invested Liquid Assets

Mar-16    $1,906
Apr-16    $5,579
Jun-16    $17,900
Jul-16    $18,614
Aug-16    $22,242
Sep-16    $22,789
Oct-16    $20,703
Nov-16    $27,893
Dec-16    $33,855
Jan-17    $38,492
Feb-17    $40,308
Mar-17    $45,551
Apr-17    $51,170
May-17    $58,076

Welcome JuicyCrab! Man, you have picked up the pace month over month. Nice job!

Thanks dude!

When all seems grim the MMM forums give a lot of financial support (both application and mentally), these types of threads are awesome.
Title: Re: Race from 10 to 100k!!
Post by: SarkastikNinja on June 05, 2017, 09:43:08 PM


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
17-04-30   :            75,589.36

17-05-31   :             83,478.46

Can't believe how many graduations there were this month! Can't wait to join you guys in the next thread, it's really motivating seeing everyone's progress.

Little less progress than I had hoped this month considering I had a large tax return coming in. Months ago I foolishly invested in a fairly volatile ETF that took a hard hit this month. Oops.
Title: Re: Race from 10 to 100k!!
Post by: Wanttobehome on June 06, 2017, 01:58:53 PM
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+1,673            = 21,754
Mar 2017 20,576+1,828            = 22,404
Apr 2017  21,071+1,890+2300  =25,261
May 2017                                   =25,779
June 2017                                  =£26,319
Title: Re: Race from 10 to 100k!!
Post by: felixbf on June 07, 2017, 10:55:35 PM
So close... 97 582 ...Company bonus next week should put me way over 100 000 ..

Well i guess i am leaving you guys this month ... 107,528.61 .
Title: Re: Race from 10 to 100k!!
Post by: Nairobi on June 08, 2017, 12:22:09 AM
Hello Mustachians,  This is my first post. I discovered Mr. Money Mustache in Jan 2017 and the blog slapped some common sense into me. Here are my numbers, I started keeping records in January. Only tracking 401k and cash, no properties yet. Congrats to everyone who is here and those who recently graduated.

Jan  2017     $45K
Feb  2017     $62k (sold one car, paid 5k CC debt).
March  17     $69k
April 2017     $77k
May  2017     $83k
June 7, 17     $86K (aiming for 90K @ the end of the month)
Title: Re: Race from 10 to 100k!!
Post by: SarkastikNinja on June 08, 2017, 07:04:37 PM
Congrats Felixbf!
Title: Re: Race from 10 to 100k!!
Post by: JuicyCrab on June 08, 2017, 08:10:47 PM
So close... 97 582 ...Company bonus next week should put me way over 100 000 ..

Well i guess i am leaving you guys this month ... 107,528.61 .

grats mate, hopefully see you shortly in the new thread :)
Title: Re: Race from 10 to 100k!!
Post by: MVal on June 09, 2017, 08:36:27 AM
That is great, MVal!!!  As a mustachian it is hard to know how to celebrate such things, ha ha.  At the very least you can post it here and know that your fellow mustachians are celebrating with you.

Thanks!! I graduated at the very end of last month! Here's a little start to the celebration and maybe an anthem for those still "tryin' to get 100"...!

https://www.youtube.com/watch?v=X3MVfa4ZUhM
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on June 11, 2017, 03:08:03 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
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
May 17: 46766
Jun 17: 49646

I wonder if I can hit 10x NW at the 2 year mark. That'd be 53270, so +3624 in 2 months. It'll be a stretch, but maybe a fun challenge!
Title: Re: Race from 10 to 100k!!
Post by: starjay on June 16, 2017, 11:31:54 AM
May update!
January 2017:  54,765.72
February 2017: 58,616.88
March 2017:    62,304.54
April 2017:    63,589.66
May 2017:      65,736.47
June 2017: 69081.97
Title: Re: Race from 10 to 100k!!
Post by: Steelers1982 on June 22, 2017, 03:01:30 PM
Not starting under $10k... But hopefully I can join anyways.  My wife and I are 32 and 34 respectively, and are expecting our first child in October!

Not counting home equity($100k-ish):

My Personal RRSP: $9800(All in XAW)
My Work RRSP: 7500(Misc Sun Life Canadian Equity Index Funds)
Wife RRSP: $9900(currently in cash, in the process of transferring banks)
Chequing: $8900
Credit Card: -$3600(big credit card month partly due to eventual baby, it's paid off monthly)
Total: $36,100
Not counted: Expected tax return due to RRSP Contributions thus far: $4400

My wife will be on Mat Leave for a year starting in October, so the trek to $100k might be a slow one. During her year off, we can only save about $1k per month.  Will be able to save around $3000/month once she's back to work.

I'm going to set our $100k goal for the end of 2019.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on June 23, 2017, 05:55:48 AM
Welcome Steelers1982!  And congrats on the new addition.  :)
Title: Re: Race from 10 to 100k!!
Post by: Milkm4n on June 24, 2017, 06:21:25 AM
June Update

Dec 2016 :  45,241
Jan 2017 :  55,143
Feb 2017 :  58,239
Mar 2017 :  69,145
Apr 2017 :  74,332
May 2017:  77,876
Jun 2017 : 82,442

   An increase of 4,566 for the month of June, another solid month 😄. This increase was once again driven by a good amount of overtime, and I am actually hoping it will slow down a bit over the summer months. Besides that, expenses were on the high side but pretty standard for the month.
   Investments were up a bit, due to my company shares doing well. I hate having one company as a large percentage of my investment portfolio, so I just have to determine the best way to get them into etfs, in registered accounts. I'm thinking the only way is to sell, eat the capital gains, then rebuy VCN, XAW in my registered accounts. Any thoughts or input on this idea would be greatly appreciated.
   Keep up the good work everyone, looks like we are all moving in the right direction 📈
Title: Re: Race from 10 to 100k!!
Post by: cashmoney on June 30, 2017, 05:56:16 AM
4/28/17 $82,123.14 start of competition
5/31/17 $83,416.85 an increase of $1,293.71
6/30/17 $88,646.63 an increase of $5,229.78!

Holy smokes, what a great month June was! I got a bonus check of about $1,400 this month and an extra $200 in deposits from my renters.  But outside of that $1,600 I would attribute the rest to my typical savings rate of about $1,200 and market increase.  July will be another big month because of my company's 401k contribution but outside of that I don't expect to see anymore large bumps like this until my December bonus.
Title: Re: Race from 10 to 100k!!
Post by: mustache you a question on June 30, 2017, 06:38:39 AM
Jan 2017 - 9,926
Feb 2017 - 15,869
March 2017 - 21,618
April 2017 - 22,738
May 2017 - 29,255
June 2017 - 30,880
July 2017 - 40,255

Had a great month.  Upped my 401k by a couple percentage points, paid down a couple grand in student loans and the company I work for gave out some nice equity to the employees.  Going to keep chugging along, hopefully I can keep these gains up!
Title: Re: Race from 10 to 100k!!
Post by: lamil on June 30, 2017, 07:48:49 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
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
April 28th, 2017: $75,857
May 31st, 2017: $79,166
June 30th, 2017: $82,472
Title: Re: Race from 10 to 100k!!
Post by: dreadmoose on June 30, 2017, 10:07:12 AM
2016-10-01    $51,413
2016-11-01   -$25,621 (bought a condo, not included in net worth calculation)
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]
2017-05-01    $7,477
2017-06-01    $16,623
2017-07-01    $27,638

A great progress month ($11,015), lots of overtime accounts for going way above my expected savings.

Riding my bike everywhere now (if I don't walk). Cutting spending wherever I can. Still a slow strategy/ mind-shift.

Taking profits out of the business weekly instead of bi-weekly to increase time in market (accounting for GST / Taxes / Vacation accrual)

Switching to RRSP savings in July (from TFSA weekly) to lower tax burden in good year.

Far off Future:

Smith Manoeuvre once TFSA/RRSP are full.
Title: Re: Race from 10 to 100k!!
Post by: Wanttobehome on June 30, 2017, 10:20:18 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+1,673            = 21,754
Mar 2017 20,576+1,828            = 22,404
Apr 2017  21,071+1,890+2300  =25,261
May 2017                                   =25,779
June 2017                                  =£26,319
July 2017                                    =£27,023


Title: Re: Race from 10 to 100k!!
Post by: FIREGuy on June 30, 2017, 10:51:07 AM
Oct 2016 - $17,457
November 2016 - $35,747
December 2016 - $39,657
January 2017 - $45,491
February 2017 - $47,327
March 2017 - ?
April 2017 - ?
May 2017 - $62,565
June 2017 - $68,663
Title: Re: Race from 10 to 100k!!
Post by: LurkerStache on June 30, 2017, 02:40:13 PM
Sep 2016: 51598.42
Oct 2016: 54210.76
Nov 2016: 57821.07
Dec 2016: 59471.44
Jan 2017: 63,813.13
Feb 2017: 66,722.32
Mar 2017: 70,782.46
Apr 2017: 73,027.41
May 2017: 76,803.28
Jun 2017: 78,061.77

This was a slower month thanks to the purchase of flights for a reunion and airbnb (that will be split). Should see a slight surge in August when i get repaid for the airbnb.
Title: Re: Race from 10 to 100k!!
Post by: Nik123 on June 30, 2017, 03:27:05 PM
Second post on this wonderful forum - woohoo!

Between my three pension accounts I am currently at 93k! Almost there...

Journey to date (from what I recall was something like this) -

2013: 13k
2015: 29k
2017: 93k
Title: Re: Race from 10 to 100k!!
Post by: Trifle on June 30, 2017, 04:54:52 PM
Lots of new/ish faces this month!  Welcome and great job everyone!  Nik123 -- you will not be on this thread long, looks like.   :)   
Title: Re: Race from 10 to 100k!!
Post by: Nik123 on July 01, 2017, 04:13:57 AM
Thanks Trifele - will update this thread when I do hit the magic number, and hopefully upwards and onwards to that 'other' thread! : )
Title: Re: Race from 10 to 100k!!
Post by: SarkastikNinja on July 01, 2017, 08:23:26 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
17-04-30   :            75,589.36
17-05-31   :            83,478.46

17-06-30   :            83,208.21

Slid backwards a bit this month. A little too much spending and some more losses on the market again this month. Fingers crossed for a better July.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on July 01, 2017, 10:48:19 AM
01/01/17: $36,542
02/01/17: $37,855
03/01/17: $41,892
04/01/17: $43,281
05/01/17: $45,547
06/01/17: $48,667

07/01/17: $50,745

I'm one of the slower earners here, but I admit I'm pretty excited by the 50k milestone!

Congrats on the milestone FreshStash!  Nicely done. 
Title: Re: Race from 10 to 100k!!
Post by: Nairobi on July 01, 2017, 09:06:42 PM
Hello Mustachians,  This is my first post. I discovered Mr. Money Mustache in Jan 2017 and the blog slapped some common sense into me. Here are my numbers, I started keeping records in January. Only tracking 401k and cash, no properties yet. Congrats to everyone who is here and those who recently graduated.

Jan  2017     $45K
Feb  2017     $62k (sold one car, paid 5k CC debt).
March  17     $69k
April 2017     $77k
May  2017     $83k
June 7, 17     $86K (aiming for 90K @ the end of the month)

June was a frugal month and I took advantage of the '3-paychecks month'. June 30 stash was ~$93k. July will be a slow month.
Title: Re: Race from 10 to 100k!!
Post by: SingleMomDebt on July 01, 2017, 09:22:19 PM
There is going to be another set of graduates soon. Yay! Congrats to everyone on their progress. :D
Title: Re: Race from 10 to 100k!!
Post by: adizb on July 02, 2017, 01:47:27 PM
hey i'd like to join =) do we still use the spreadsheet on OP ? can i just plop myself in there?
Title: Re: Race from 10 to 100k!!
Post by: SingleMomDebt on July 02, 2017, 02:13:33 PM
hey i'd like to join =) do we still use the spreadsheet on OP ? can i just plop myself in there?

Yup. Just plop yourself there. :)
Title: Re: Race from 10 to 100k!!
Post by: beantown on July 02, 2017, 02:33:00 PM
Dec 2017: $16.4K
Jan 2017: $21.8K
Feb 2017: $28.8K
Mar 2017: $35.1K
Apr 2017: $40.9K
May 2017: $46.9K
June 2017: $51.8K

Finished the first half the year above $50K. Halfway to $100K!
Title: Re: Race from 10 to 100k!!
Post by: seventytimes7 on July 03, 2017, 09:14:15 AM
2/1/2017 - ($6,832)
3/1/2017 -   $66
4/1/2017 - $ 6,298
5/1/2017 - $12,179
6/1/2017 - $17,418
7/1/2017 - $21,303
Title: Re: Race from 10 to 100k!!
Post by: Epor on July 03, 2017, 10:28:26 AM
3/1/2017   58135.00
4/1/2017   60236.00
5/1/2017   62819.00
6/1/2017   67020.00
7/1/2017   69557.55
Title: Re: Race from 10 to 100k!!
Post by: Epor on July 03, 2017, 01:49:36 PM
Dec 2017: $16.4K
Jan 2017: $21.8K
Feb 2017: $28.8K
Mar 2017: $35.1K
Apr 2017: $40.9K
May 2017: $46.9K
June 2017: $51.8K

Finished the first half the year above $50K. Halfway to $100K!

Wow! 30k in 6 months... That is amazing!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on July 03, 2017, 05:52:57 PM
Belated welcome to you Nairobi!   You also will not be with us long, looks like.   Great job!

Beantown and 70times7 -- you are both killing it.  Wow -- very nice progress!
Title: Re: Race from 10 to 100k!!
Post by: prickly_turing on July 03, 2017, 06:37:41 PM
Jan 1 2017   $53743
Feb 1 2017   $59995
Mar 1 2017   $65150
Apr 1 2017   $70592
May 1 2017   $76536
Jun 1 2017   $84427
Jul 1 2017    $89247

Had unexpected dental bills in June.  Given the historical trend this year, it'll be tight getting to 100k on Sept 1.  It may be plus or minus a few hundred dollars.  Sounds like a good excuse for strategic frugality.
Title: Re: Race from 10 to 100k!!
Post by: JuicyCrab on July 03, 2017, 07:00:22 PM
Liq invested assets month ending

Dec-15    $5,000.00
Jan-16    $4,775.00
Feb-16    $2,329.00
Mar-16    $1,900.00
Apr-16    $5,560.00
May-16    $12,000.00
Jun-16    $17,841.00
Jul-16    $18,552.00
Aug-16    $22,168.00
Sep-16    $22,713.00
Oct-16    $20,634.00
Nov-16    $27,800.00
Dec-16    $33,743.00
Jan-17    $38,364.00
Feb-17    $40,174.00
Mar-17    $45,400.00
Apr-17    $51,000.00
May-17    $57,883.00
Jun-17    $64,332.00
Title: Re: Race from 10 to 100k!!
Post by: Nairobi on July 03, 2017, 10:22:21 PM
Belated welcome to you Nairobi!   You also will not be with us long, looks like.   Great job!

Beantown and 70times7 -- you are both killing it.  Wow -- very nice progress!

Thank you Trifele! I originally predicted to hit 100k at the end of September but I was being conservative. I did not account for market gain, employer match to 401k, or overtime. I decided to chase FI due to unstable job. However, I'm glad the job is unstable because that uncomfortable feeling continues to be a great motivator for me.

Congrats to everyone and I look forward to seeing more graduates soon.
Title: Re: Race from 10 to 100k!!
Post by: senorpanqueque on July 04, 2017, 05:34:53 PM

Oct-15   $11,131.65   -$4,622.42   $6,509.23
Nov-15   $12,323.24   -$778.01   $11,545.23
Dec-15   $16,413.13   -$1,417.11   $14,996.02
Jan-16   $18,947.19   -$1,221.32   $17,725.87
Feb-16   $22,788.60   -$941.23   $21,847.37
Mar-16   $28,447.46   -$992.92   $27,454.54
Apr-16   $29,448.18   -$673.97   $28,774.21
May-16   $30,988.20   -$725.81   $30,262.39
Jun-16   $35,289.11   -$2,514.94   $32,774.17
Jul-16   $34,759.85   -$510.30   $34,249.55
Aug-16   $33,835.72   -$2,317.61   $31,518.11
Sep-16   $33,315.41   -$2,654.75   $30,660.66
Oct-16   $34,976.88   -$204.94   $34,771.94
Nov-16   $37,357.68   -$28.09   $37,329.59
Dec-16   $41,144.84   -$734.62   $40,410.22
Jan-17   $42,809.53   -$949.66   $41,859.87
Feb-17   $44,034.74   -$175.49   $43,859.25
Mar-17   $49,400.65   -$922.46   $48,478.19
Apr-17   $49,922.15   -$136.41   $49,785.74
May-17   $51,267.21   -$201.61   $51,065.60
Jun-17    $51,146.77   -$545.98   $50,600.79
Jul-17     $54,751.58   -$522.02   $54,229.56
Title: Re: Race from 10 to 100k!!
Post by: icbatbh on July 05, 2017, 04:01:29 AM
Hi all,

Long time lurker who's just signed up, so this is actually my first post.

My current NW:

June 2017: £35,080.50 (+£1,077.60)
Title: Re: Race from 10 to 100k!!
Post by: Trifle on July 05, 2017, 04:18:49 AM
Welcome to the forum and the thread Icbatbh! You're among fine people here, all building the foundation for their 'stache.   

Sweet update, Senor P.  Great progress, plus nice that you've kept such good records.
Title: Re: Race from 10 to 100k!!
Post by: Bart1ma3u5 on July 06, 2017, 09:18:51 AM


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
5/1/2017     $93,012.00             
6/1/2017     $95,556.00             


7/1/2017  $100,056 After exactly 36 months, I have finally gone from -$5,000 to just barely squeeze past $100,000!!! Off to the $250K thread, good luck to everyone here, and hopefully see you again soon!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on July 06, 2017, 09:27:51 AM
Ding ding ding!!!  Woo hoo and congrats Bart1!!  Huge, huge accomplishment.
Title: Re: Race from 10 to 100k!!
Post by: Bateaux on July 07, 2017, 01:52:04 AM
Come on up to the next level guys.  Your heads are above water now and you can see your future.  Awesome job.
Title: Re: Race from 10 to 100k!!
Post by: lampstache2 on July 07, 2017, 08:45:25 AM
Jan -  $23,175
Feb -  $27,655
Apr -  $27,386
May - $26,492
Jun -  $30,464
Jul -   $34,337
Title: Re: Race from 10 to 100k!!
Post by: givemesunshine on July 09, 2017, 08:57:43 PM
I'm moving slowly - slower than planned due to medical expenses which are unfortunately ongoing.

I haven't included my pension savings and they're also slowly improving. I'll get to that 100K goal one day!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on July 10, 2017, 04:57:01 AM
I'm moving slowly - slower than planned due to medical expenses which are unfortunately ongoing.

I haven't included my pension savings and they're also slowly improving. I'll get to that 100K goal one day!

Yes, you will Zinny!   I started way in the hole and clawed my way into positive NW, then slowly built up the stache.   Now I'm in the $500k - $1M thread.   The bigger the stache gets, the faster it goes.  Don't let the challenges get you down.  You've got this!     
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on July 10, 2017, 12:11:21 PM
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
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
May 17: 46766
Jun 17: 49646
Jul 17: 52567
Title: Re: Race from 10 to 100k!!
Post by: starjay on July 16, 2017, 08:37:41 PM
Slow progress this month. I quit the second job (the stress was not worth the extra income) and then had unexpected expenses. Nonetheless, some progress was made!

January 2017:  54,765.72
February 2017: 58,616.88
March 2017:     62,304.54
April 2017:       63,589.66
May 2017:        65,736.47
June 2017:       69,081.97
July 2017:        69,837.03
Title: Re: Race from 10 to 100k!!
Post by: OrangeCanadian on July 17, 2017, 06:54:30 PM
Hi!

I've been tracking my NW for the past few months, but just stumbled on this post.  I'm a few years behind on the race, but it will still be a good practice in accountability.  Here's my NW since last year, when it took a kicking from a loss on the sale of my house.  I'm in the military and I was posted, so I had to cover the cost of a rental at my new posting as well as the mortgage and other costs (basement flooded during all of this).

Sept 16: -7058.34
Oct 16: -3375.27
Nov 16: 343.78
Dec 16: 343.78
Jan 17: 2,269.17
Feb 17:
Mar 17: 11,363.97 (Left over money from the cost of my move added to my RRSP)
Apr 17: 17,631.15
May 17: 14,158.77
June 17: 18,708.61
Title: Re: Race from 10 to 100k!!
Post by: Trifle on July 18, 2017, 04:31:48 AM
Welcome, OrangeCanadian!   You're not behind in the race -- you're right on time.  Lots of folks at all stages.  Great crowd here cheering each other on.
Title: Re: Race from 10 to 100k!!
Post by: andy85 on July 18, 2017, 07:36:47 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
Mar 17   $71,221
Apr 17   $73,018
May 17   $71,772
Jun 17   $69,832



Did a big kitchen reno that started in May, hence the NW drop as i tapped into some cash savings. Will be a stretch to hit 80k by the end of the year. 100k in 2018 should still be a go though.
Title: Re: Race from 10 to 100k!!
Post by: Slow&Steady on July 21, 2017, 07:53:34 AM
I only really track my 401k balance 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.

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.

My goal is $90k by the end of year, I am starting to think I might actually hit that goal.  I must have missed early July update but I happened to check my 401K balance today and was pleasantly surprised, considering that my July contribution does not get made until the end of the month.  OH, AND I BUMPED MY CONTRIBUTION BACK UP TO 10%!!

                    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
Apr 2017:   $78,946      $1026     $79,972
 5/24/17:    $80,007     $1040      $81,047
 6/05/17:    $82,048     $1057      $83,105
 7/21/17:    $84,508     $1075      $85,583
Title: Re: Race from 10 to 100k!!
Post by: L2 on July 23, 2017, 08:39:29 PM
I am in! The goal is to get to 100k net worth by the end of 2018. Currently at ~21k. I have been pretty good at my goals so far. Starting out after college in Dec. 2013, I believe I had about a negative net worth of 65k. My first financial goal was to get a net worth of zero by the time I received my tax refund this year and I hit it at the end of January. My second goal was to have my private student loan (6.6%) paid off by the end of July. I made it at the end of June. Next I am hoping to have the car paid off by the end of the year. Currently have a 10k balance left on that loan.

My soft goal for the end of 2017 is 35k in net worth, only because I think I'll need it to be close to that to meet the 100k goal at the end of 2018. I have not done any hard calcs at this point, but in the mean time, I should be getting annual raises of approx. 5k beginning 11/1 for 2017 and 2018. I will also be maxing out my 401k in 2018 and hopefully the ROTH IRA as well.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on July 24, 2017, 03:50:47 AM
Welcome L2!  You've made some nice progress, and looks like you have some solid plans for the future.  Onward!
Title: Re: Race from 10 to 100k!!
Post by: Wanttobehome on July 25, 2017, 12:02:17 PM
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+1,673            = 21,754
Mar 2017 20,576+1,828            = 22,404
Apr 2017  21,071+1,890+2300  =25,261
May 2017                                   =25,779
June 2017                                  =£26,319
July 2017                                    =£27,023
August 2017                               =£27,618


Title: Re: Race from 10 to 100k!!
Post by: Nairobi on July 26, 2017, 08:44:50 PM
In late December 2016/early Jan, I found myself searching how to save a $100k. That is how I found the thread "how hard was your first $100k?" and people on the thread kept mentioning the phrase "since I discovered money mustache..." I googled Mr. MM and discovered a new way of life. Here is to the first $100k!

Jan  2017     $45K
Feb  2017     $62k (sold one car, paid 5k CC debt).
March  17     $69k
April 2017     $77k (frugal month)
May  2017     $83k
June 2017     $93k (3 paychecks month)
July 2017      $101.1k (frugal month and the market helped a little bit).

Holly cow!! I was not sure I would be lucky enough to graduate this month (I was expecting August).  It has been a frugal year and I'm glad to see it pay off (I did have to give up an expensive hobby of modifying sport cars...money pits). As for the stash, it is 40% cash (downpayment for a house) and 60% is in retirement accounts. My next goal is to save $10k Emergency fund. After that, I will try to  hit 100K in investments. Hoping to see more graduates soon.
Title: Re: Race from 10 to 100k!!
Post by: Tlaquepaque on July 26, 2017, 10:49:20 PM
Couldn't wait until I had a months end NW over 10k, so I'm taking the plunge to join this thread! I was first introduced to MMM last year but it took me until now to rediscover the site and mustachian community. Here's to my first steps in becoming financially independent!!

June 2017: $9346
Title: Re: Race from 10 to 100k!!
Post by: JuicyCrab on July 27, 2017, 04:22:10 AM
Couldn't wait until I had a months end NW over 10k, so I'm taking the plunge to join this thread! I was first introduced to MMM last year but it took me until now to rediscover the site and mustachian community. Here's to my first steps in becoming financially independent!!

June 2017: $9346

Welcome sir, MMM forums are the best place to be for encouragement and sensible monetary thinking!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on July 27, 2017, 06:16:57 AM
In late December 2016/early Jan, I found myself searching how to save a $100k. That is how I found the thread "how hard was your first $100k?" and people on the thread kept mentioning the phrase "since I discovered money mustache..." I googled Mr. MM and discovered a new way of life. Here is to the first $100k!

Jan  2017     $45K
Feb  2017     $62k (sold one car, paid 5k CC debt).
March  17     $69k
April 2017     $77k (frugal month)
May  2017     $83k
June 2017     $93k (3 paychecks month)
July 2017      $101.1k (frugal month and the market helped a little bit).

Holly cow!! I was not sure I would be lucky enough to graduate this month (I was expecting August).  It has been a frugal year and I'm glad to see it pay off (I did have to give up an expensive hobby of modifying sport cars...money pits). As for the stash, it is 40% cash (downpayment for a house) and 60% is in retirement accounts. My next goal is to save $10k Emergency fund. After that, I will try to  hit 100K in investments. Hoping to see more graduates soon.

Congrats Nairobi!!   Excellent job.  So are you jumping to the next thread now, or going to stick around here until the investments cross over?  (Nice mustachian 'dilemma' to have.  :))
Title: Re: Race from 10 to 100k!!
Post by: Nairobi on July 27, 2017, 09:35:54 AM
In late December 2016/early Jan, I found myself searching how to save a $100k. That is how I found the thread "how hard was your first $100k?" and people on the thread kept mentioning the phrase "since I discovered money mustache..." I googled Mr. MM and discovered a new way of life. Here is to the first $100k!

Jan  2017     $45K
Feb  2017     $62k (sold one car, paid 5k CC debt).
March  17     $69k
April 2017     $77k (frugal month)
May  2017     $83k
June 2017     $93k (3 paychecks month)
July 2017      $101.1k (frugal month and the market helped a little bit).

Holly cow!! I was not sure I would be lucky enough to graduate this month (I was expecting August).  It has been a frugal year and I'm glad to see it pay off (I did have to give up an expensive hobby of modifying sport cars...money pits). As for the stash, it is 40% cash (downpayment for a house) and 60% is in retirement accounts. My next goal is to save $10k Emergency fund. After that, I will try to  hit 100K in investments. Hoping to see more graduates soon.

Congrats Nairobi!!   Excellent job.  So are you jumping to the next thread now, or going to stick around here until the investments cross over?  (Nice mustachian 'dilemma' to have.  :))


Thank you Trifele! It is a nice dilemma to have. I thought about hanging around until I cross the 100k invested but that won't be a true representation of the net worth. For the sake of the momentum, I will join the next race and keep on rolling.
Title: Re: Race from 10 to 100k!!
Post by: beantown on July 30, 2017, 03:17:32 PM
Dec 2017: $16.4K
Jan 2017: $21.8K
Feb 2017: $28.8K
Mar 2017: $35.1K
Apr 2017: $40.9K
May 2017: $46.9K
June 2017: $51.8K
July 2017: $55.3K

I had a pretty expensive month with multiple weekend trips and also became the sole earner in our household of 2. But it was good to see it's still on the up and up. Still hoping to make my goal of reaching $75K by EOY.

Title: Re: Race from 10 to 100k!!
Post by: LurkerStache on July 30, 2017, 03:27:53 PM
Sep 2016: 51598.42
Oct 2016: 54210.76
Nov 2016: 57821.07
Dec 2016: 59471.44
Jan 2017: 63,813.13
Feb 2017: 66,722.32
Mar 2017: 70,782.46
Apr 2017: 73,027.41
May 2017: 76,803.28
Jun 2017: 78,061.77
Jul 2017: 81,104.24
Title: Re: Race from 10 to 100k!!
Post by: JuicyCrab on July 30, 2017, 06:05:20 PM
    Invested Liq Assets
Dec-15    $5,000
Jan-16    $4,775
Feb-16    $2,329
Mar-16    $1,900
Apr-16    $5,560
May-16    $12,000
Jun-16    $17,841
Jul-16    $18,552
Aug-16    $22,168
Sep-16    $22,713
Oct-16    $20,634
Nov-16    $27,800
Dec-16    $33,743
Jan-17    $38,364
Feb-17    $40,174
Mar-17    $45,400
Apr-17    $51,000
May-17    $57,883
Jun-17    $64,332
Jul-17    $66,557

The grind is real... :(
I guess the process doesn't matter, its the end result that matters!
Title: Re: Race from 10 to 100k!!
Post by: Tlaquepaque on July 30, 2017, 10:03:18 PM
Couldn't wait until I had a months end NW over 10k, so I'm taking the plunge to join this thread! I was first introduced to MMM last year but it took me until now to rediscover the site and mustachian community. Here's to my first steps in becoming financially independent!!

June 2017: $9346

Welcome sir, MMM forums are the best place to be for encouragement and sensible monetary thinking!

Thank you JuicyCrab. I've been spending my free time reading through the different threads and getting motivation from those that have reached and are reaching financial independence.

July 2017: $10,684
Title: Re: Race from 10 to 100k!!
Post by: icbatbh on July 31, 2017, 03:54:08 AM
June 2017: £35,080.50
July 2017: £37.089.54
Title: Re: Race from 10 to 100k!!
Post by: cashmoney on July 31, 2017, 06:05:20 AM
4/28/17 $82,123.14 start of competition
5/31/17 $83,416.85 an increase of $1,293.71
6/30/17 $88,646.63 an increase of $5,229.78!
7/31/17 $97,939.57 an increase of $9,2929.94

July is always going to be my best month.  My company makes an annual contribution to my 401k which accounts for the majority of my bump this month.  Funny thing happened this month, I logged into Mint and saw my net worth at $110k.  Zillow had increased my rental house value by about $15k over night.  It was accurate but still hypothetical until I sell it (which won't be for awhile) so I manually lowered it back down to what I paid for it.  I figure it's a fair trade since I'm not fully vested in my 401k yet.  Next month could be the month I break $100k.
Title: Re: Race from 10 to 100k!!
Post by: mustache you a question on July 31, 2017, 07:22:24 AM
01/17 - 9,926
02/17 - 15,869
03/17 - 21,618
04/17 - 22,738
05/17 - 29,255
06/17 - 30,880
07/17 - 40,255
08/17 - 44,722

Another good month.  The graph keeps going up and to the right, which is the way it's supposed to be :)

Title: Re: Race from 10 to 100k!!
Post by: dreadmoose on July 31, 2017, 11:26:47 AM
2016-10-01    $51,413
2016-11-01   -$25,621 (bought a condo, not included in net worth calculation)
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]
2017-05-01    $7,477
2017-06-01    $16,623
2017-07-01    $27,638
2017-08-01    $39,025

Another great month (+$11,386), it's getting hard in the summer here (weddings / bachelor parties) but I'm covering it in overtime hours and some side work.

Far off Future:

Smith Manoeuvre once TFSA/RRSP are full.
Title: Re: Race from 10 to 100k!!
Post by: SarkastikNinja on July 31, 2017, 12:54:38 PM

15-01-31   :           -12,050.05
15-02-28   :             -9,013.04   (+3,037.01)
15-03-31   :             -8,373.63   (+   639.41)
15-04-30   :              3,957.65   (+4,415.98)
15-05-31   :              6,155.15   (+2,197.50)
15-06-30   :              4,161.27   (- 1,993.88)
15-07-31   :              9,940.39   (+5,779.12)
15-08-31   :            11,086.93   (+1,146.54)
15-09-30   :            13,411.39   (+2,324.46)
15-10-31   :            21,753.13   (+8,341.74)
15-11-30   :            23,540.19   (+1,787.06)
15-12-31   :            25,039.14   (+1,498.95)
               
16-01-31   :            31,418.13   (+6,378.99)
16-02-29   :            33,247.02   (+1,828.89)
16-03-31   :            37,241.82   (+3,994.80)
16-04-30   :            47,305.81   (+10,063.99)
16-05-31   :            47,145.83   (-    159.98)
16-06-30   :            46,076.20   (-    838.38)
16-07-31   :            47,098.02   (+1,021.82)
16-08-31   :            46,307.45   (-    709.57)
16-09-30   :            48,762.90   (+2,455.45)
16-10-31   :            50,601.65   (+1,838.75)
16-11-30   :            52,677.91   (+2,076.26)
16-12-31   :            57,227.20   (+4,549.29)
               
17-01-31   :            58,540.40   (+1,313.20)
17-02-28   :            64,183.38   (+5,642.98)
17-03-31   :            75,197.12   (+11,013.74)
17-04-30   :            75,589.36   (+   392.24)
17-05-31   :            83,478.46   (+7,889.10)
17-06-30   :            83,208.21   (-    270.25)

17-07-31   :            84,674.77   (+1,466.56)

Headed in the right direction again, although only slightly. Market falls again this month and some travelling. Sucks seeing money your just transferred into investments immediately offset by falls in the market, but need to try and remember that I'm in it for the long haul and am getting these ETFs on sale.
Title: Re: Race from 10 to 100k!!
Post by: ryder6 on July 31, 2017, 02:50:21 PM
Hey all, mind if I join in?

First discovered MMM ~4 years ago. It's been a long roundabout journey but I'm back and ready to buckle down.

Jul 2017: $9,729
Title: Re: Race from 10 to 100k!!
Post by: Milkm4n on July 31, 2017, 03:59:15 PM
July Update
 
Dec 2016 - 45,241
Jan 2017 - 55,143
Feb 2017 - 58,240
Mar 2017 - 69,145
Apr 2017 - 74,332
May 2017- 77,877
Jun 2017 - 82,443
Jul 2017 - 85,688

A little over 3k increase in net worth for July. Which I consider pretty good as I contributed $2500 to investment accounts and  my total investment balance only increased $60 😤.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on July 31, 2017, 04:54:28 PM
Welcome aboard Ryder6!  :)
Title: Re: Race from 10 to 100k!!
Post by: seventytimes7 on August 01, 2017, 04:37:41 AM
2/1/2017 - ($6,832)
3/1/2017 -   $66
4/1/2017 - $ 6,298
5/1/2017 - $12,179
6/1/2017 - $17,418
7/1/2017 - $21,303
8/1/2017 - $28,136

Making progress!
Title: Re: Race from 10 to 100k!!
Post by: Epor on August 01, 2017, 07:35:56 AM


                total          saved       market gain/loss
3/1/2017   67163.00   1800.00   
4/1/2017   68457.00   1190.50     103.50
5/1/2017   70223.00     921.10     844.90
6/1/2017   73782.00   2941.60     617.40
7/1/2017   76009.00   1559.60     667.40
8/1/2017   78615.00   1271.20   1334.80

Of note: this is the first time ever that the market gains added more to the stash than I did with my savings.
Title: Re: Race from 10 to 100k!!
Post by: Steelers1982 on August 01, 2017, 12:54:06 PM
Not starting under $10k... But hopefully I can join anyways.  My wife and I are 32 and 34 respectively, and are expecting our first child in October!

Not counting home equity($100k-ish):

My Personal RRSP: $9800(All in XAW)
My Work RRSP: 7500(Misc Sun Life Canadian Equity Index Funds)
Wife RRSP: $9900(currently in cash, in the process of transferring banks)
Chequing: $8900
Credit Card: -$3600(big credit card month partly due to eventual baby, it's paid off monthly)
Total: $32,500
Not counted: Expected tax return due to RRSP Contributions thus far: $4400

My wife will be on Mat Leave for a year starting in October, so the trek to $100k might be a slow one. During her year off, we can only save about $1k per month.  Will be able to save around $3000/month once she's back to work.

I'm going to set our $100k goal for the end of 2019.

July 31 - $36,150 (not including $4400 tax return accrual)
Title: Re: Race from 10 to 100k!!
Post by: Slow&Steady on August 02, 2017, 08:25:14 AM
I only really track my 401k balance 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.

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.

                    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
Apr 2017:   $78,946      $1026     $79,972
 5/24/17:    $80,007     $1040      $81,047
 6/05/17:    $82,048     $1057      $83,105
 7/21/17:    $84,508     $1075      $85,583
 8/02/17:    $85,737     $1075      $86,812

We are now expecting a new family member in early 2018 and I haven't decided if we are going to divert anything from 401k to savings for medical/maternity leave yet.
 I really don't want to since I just bumped it back up but we will have to see how the self employment goes.  I wasn't actually able to check the IRA because I have managed to completely forget the password for now, so I just used the same number as the last check. 
Title: Re: Race from 10 to 100k!!
Post by: OrangeCanadian on August 03, 2017, 09:22:57 AM
Sept 16: -7058.34
Oct 16: -3375.27
Nov 16: 343.78
Dec 16: 343.78
Jan 17: 2,269.17
Feb 17:
Mar 17: 11,363.97
Apr 17: 17,631.15
May 17: 14,158.77
June 17: 18,708.61
July 17: 21,276.75

Still plugging away.  I'm less than a month away from being completely debt free.  I have $1600.00 on my line of credit that will be wiped out, then I can make contributions to my investments again.  I withdrew a bit from my emergency fund to help a friend with groceries and new clothes after a house fire.  I don't expect if back, it was a gift.  I do have some vehicle repairs coming up, so I may need to dip into the E-fund again, but this is what I have it for.  I'm in the military and my job is very stable, so I'm not too concerned for the short-term withdrawal from the emergency fund.
Title: Re: Race from 10 to 100k!!
Post by: SingleMomDebt on August 04, 2017, 02:26:14 PM
Spreadsheet updated with columns A-E. I have made it to the $60K range (please continue on an upward trend - crosses fingers and toes).
Title: Re: Race from 10 to 100k!!
Post by: briesas on August 04, 2017, 10:13:27 PM
NW = 23161

NW= 28, 334

Slow but sure
:)
Title: Re: Race from 10 to 100k!!
Post by: twistedfirestarter on August 09, 2017, 09:09:54 AM
Hi all. Recent graduate from the 0-10k race, 100k seems a very long way off but I'm sure I'll get there, I think a reasonable target is 2020.

April £1250
May £2515
June £3841
July £6774 / $8705
August £8916 / $11597 !
Title: Re: Race from 10 to 100k!!
Post by: Trifle on August 09, 2017, 11:54:45 AM
Welcome aboard ClickHappy!  There are lots of folks here just starting on that journey to $100k. 

Great job everyone -- keep plugging along, and before you know it that big, solid $100k foundation of your financial 'house' will be built.  And from there it goes faster and faster.  Onward!
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on August 09, 2017, 01:24:38 PM
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
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
May 17: 46766
Jun 17: 49646
Jul 17: 52567

Aug 17: 54267

I did it! I set myself a little challenge to get to 10x NW compared to 2 years ago, when I started tracking. Really happy with that. It's also great to see that snowball getting bigger. First year my NW increased 18k, second year it increased 31k. I'm so glad I joined this thread, it's so motivating to see my own progress and really fun to see how everyone else is doing!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on August 09, 2017, 05:26:27 PM
Congrats Nederstash! 
Title: Re: Race from 10 to 100k!!
Post by: frugalwitch on August 19, 2017, 03:41:48 PM
Currently at 86k but I'm going to buy a cruise and get my wisdown tooths out so it's going to go down next month :(. 78k to 86k since january !

Did the cruise (2250$), got my wisdom tooths out (1350$). NW is now at 87k.  Got a second job so I'm hoping I'll be able to increase my income a bit.

I'm now at 94k, woa, that's great ! Too  bad around 3k is for my wedding next year .
Title: Re: Race from 10 to 100k!!
Post by: Wanttobehome on August 26, 2017, 04:51:13 PM
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+1,673            = 21,754
Mar 2017 20,576+1,828            = 22,404
Apr 2017  21,071+1,890+2300  =25,261
May 2017                                   =25,779
June 2017                                  =£26,319
July 2017                                    =£27,023
August 2017                               =£27,618
September 2017                        =£28,243

Title: Re: Race from 10 to 100k!!
Post by: beantown on August 30, 2017, 09:59:15 AM
Dec 2017: $16.4K
Jan 2017: $21.8K
Feb 2017: $28.8K
Mar 2017: $35.1K
Apr 2017: $40.9K
May 2017: $46.9K
June 2017: $51.8K
July 2017: $55.3K
Aug 2017: $75.2K

Huge increase this month due to a) 401K match vesting at work and b) a very generous gift from a parent
Title: Re: Race from 10 to 100k!!
Post by: cashmoney on August 31, 2017, 08:01:23 AM
4/28/17 $82,123.14 start of competition
5/31/17 $83,416.85 an increase of $1,293.71
6/30/17 $88,646.63 an increase of $5,229.78!
7/31/17 $97,939.57 an increase of $9,2929.94
8/31/17 $98,975.02
Title: Re: Race from 10 to 100k!!
Post by: cashmoney on August 31, 2017, 08:04:20 AM
4/28/17 $82,123.14 start of competition
5/31/17 $83,416.85 an increase of $1,293.71
6/30/17 $88,646.63 an increase of $5,229.78!
7/31/17 $97,939.57 an increase of $9,292.94
8/31/17 $98,975.02 an increase of $1,034.45

Only a small bump this month.  I blame it on lack of focus and a trip to Michigan.  I am going to buckle down and get over the hump next month.  I'm ready to graduate to a new thread!
Title: Re: Race from 10 to 100k!!
Post by: dreadmoose on August 31, 2017, 11:08:00 AM
2016-10-01    $51,413
2016-11-01   -$25,621 (bought a condo, not included in net worth calculation)
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]
2017-05-01    $7,477
2017-06-01    $16,623
2017-07-01    $27,638
2017-08-01    $39,025
2017-00-01    $49,626  (+$10,601 this month)

Really proud of this month, I'm humbled by the great job (though no job security) I have that allows these astronomical monthly numbers for me but this month took a ton of effort to not relapse into my old summer habits.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on August 31, 2017, 07:10:11 PM
2016-10-01    $51,413
2016-11-01   -$25,621 (bought a condo, not included in net worth calculation)
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]
2017-05-01    $7,477
2017-06-01    $16,623
2017-07-01    $27,638
2017-08-01    $39,025
2017-00-01    $49,626  (+$10,601 this month)

Really proud of this month, I'm humbled by the great job (though no job security) I have that allows these astronomical monthly numbers for me but this month took a ton of effort to not relapse into my old summer habits.

Dreadmoose that is amazing progress!   Great job!
Title: Re: Race from 10 to 100k!!
Post by: Milkm4n on September 01, 2017, 06:34:21 AM
End of August Update

01-01-2017 : 45,241
02-01-2017 : 55,143
03-01-2017 : 58,240
04-01-2017 : 69,145
05-01-2017 : 74,332
06-01-2017 : 77,877
07-01-2017 : 82,443
08-01-2017 : 85,688
09-01-2017 - 89,639 (Gain of 3,951)

2,969 of these gains are attributed to new contributions/gains, while 982 is attributed to debt repayment.

Title: Re: Race from 10 to 100k!!
Post by: andy85 on September 01, 2017, 07:49:44 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
Mar 17   $71,221
Apr 17   $73,018
May 17   $71,772
Jun 17   $69,832
Jul 17   $72,166
Aug 17   $73,360
Sep 17   $76,497

Should be right around 80k by the end of the year. Hoping to crack that 6 figure mark by the 3rd quarter of next year...will definitely happen next year at some point.


Title: Re: Race from 10 to 100k!!
Post by: Slow&Steady on September 01, 2017, 08:32:59 AM
I only really track my 401k balance 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.

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.

                    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
Apr 2017:   $78,946      $1026     $79,972
 5/24/17:    $80,007     $1040      $81,047
 6/05/17:    $82,048     $1057      $83,105
 7/21/17:    $84,508     $1075      $85,583
 8/02/17:    $85,737     $1075      $86,812
 9/01/17:    $86,830     $1079      $87,909

Still trying to decide if we are going to divert anything from 401k to savings for medical/maternity leave yet (or to add a some extra to finish off my last SL).  The IRA isn't grow very much but that is because we leave the SE money sitting in an savings account until tax time and we determine how much we owe.  Maybe that is a bad plan and we should store it in the IRA?
Title: Re: Race from 10 to 100k!!
Post by: mustache you a question on September 01, 2017, 10:01:23 AM
01/17 - 9,926
02/17 - 15,869
03/17 - 21,618
04/17 - 22,738
05/17 - 29,255
06/17 - 30,880
07/17 - 40,255
08/17 - 44,722
09/17 - 48,025

Good month but should have been better.  Took out 1k to start a business venture, my lease ran out on my car (thank god) but had to pay fees to get rid of it (btw never leasing again!), and bought a used car.  Still pretty good I would say.
Title: Re: Race from 10 to 100k!!
Post by: seventytimes7 on September 01, 2017, 12:51:22 PM
2/1/2017 - ($6,832)
3/1/2017 -   $66
4/1/2017 - $ 6,298
5/1/2017 - $12,179
6/1/2017 - $17,418
7/1/2017 - $21,303
8/1/2017 - $28,136
9/1/2017 - $29,233

Not as good as I'd like, but I did have a week of vacation. I also went through and re-did when I measured my 401k, which led to an effective decrease, but will make monitoring easier from now on.
Title: Re: Race from 10 to 100k!!
Post by: Epor on September 01, 2017, 02:14:58 PM


                     
3/1/2017
4/1/2017
5/1/2017
6/1/2017
7/1/2017
8/1/2017
9/1/2017
Total         
67163.00
68457.00
70223.00
73782.00
76009.00
78615.00
79916.00
Saved       
1800.00
1190.50
921.10
2941.60
1559.60
1271.20
1271.20
G/L       
103.50
844.90
617.40
667.40
1334.80
29.80
Title: Re: Race from 10 to 100k!!
Post by: ardrum on September 01, 2017, 10:06:10 PM
6/2015 - (~$12,000)
1/1/16 - ~$2,000
2/1/16 - $4,793
3/1/16 - $10,108
4/1/16 - $14,574
5/1/16 - $16,150
6/1/16 - $19,879
7/1/16 - $23,001
8/1/16 - $28,667
9/1/16 - $33,134
10/1/16 - $35,682
11/1/16 - $37,758
12/1/16 - $42,243
1/1/17 - $31,938 (replaced 17 year old car)
2/1/17 - $36,861
3/1/17 - $43,690
4/1/17 - $46,035
5/1/17 - $49,860
6/1/17 - $53,551
7/1/17 - $59,289
8/1/17 - $64,996
9/1/17 - $68,439
Title: Re: Race from 10 to 100k!!
Post by: katthjul on September 03, 2017, 02:54:54 AM
EOY 2014: €0
EOY 2015: €16,728
EOY 2016: €41,467
Jan 2017: €42,037
Feb 2017: €45,956
Mar 2017: €48,399
Apr 2017: €48,580
May 2017: €48,527
Jun 2017: €47,553
Jul 2017:  €46,952
Aug 2017: €51,030

Halfway! Had a few months of minimum savings and then added a lump sum last month.
Title: Re: Race from 10 to 100k!!
Post by: martyconlonontherun on September 03, 2017, 08:11:54 PM
I'm crashing two threads and this will be my joint account. I like my personal one since it's easier to motivate myself then my wife, but it still nice seeing the change in combined NW/Investments which is what matters.

29dh/29dw
Combined 120k income
Midwest City

09/01/2017: $65k Investments/$59k Net Worth

Hopefully graduate this thread by March.
Title: Re: Race from 10 to 100k!!
Post by: icbatbh on September 04, 2017, 04:17:35 AM
June 2017: £35,080.50
July 2017: £37.089.54
August 2017: £38,911.14
Title: Re: Race from 10 to 100k!!
Post by: dreadmoose on September 05, 2017, 10:35:06 AM
Dreadmoose that is amazing progress!   Great job!

Thank you Trifele, I love the support everyone here supplies each other. Makes it 1000x easier to exercise the MMM muscles.
Title: Re: Race from 10 to 100k!!
Post by: SarkastikNinja on September 05, 2017, 03:02:20 PM

15-01-31   :           -12,050.05
15-02-28   :             -9,013.04   (+3,037.01)
15-03-31   :             -8,373.63   (+   639.41)
15-04-30   :              3,957.65   (+4,415.98)
15-05-31   :              6,155.15   (+2,197.50)
15-06-30   :              4,161.27   (- 1,993.88)
15-07-31   :              9,940.39   (+5,779.12)
15-08-31   :            11,086.93   (+1,146.54)
15-09-30   :            13,411.39   (+2,324.46)
15-10-31   :            21,753.13   (+8,341.74)
15-11-30   :            23,540.19   (+1,787.06)
15-12-31   :            25,039.14   (+1,498.95)
               
16-01-31   :            31,418.13   (+6,378.99)
16-02-29   :            33,247.02   (+1,828.89)
16-03-31   :            37,241.82   (+3,994.80)
16-04-30   :            47,305.81   (+10,063.99)
16-05-31   :            47,145.83   (-    159.98)
16-06-30   :            46,076.20   (-    838.38)
16-07-31   :            47,098.02   (+1,021.82)
16-08-31   :            46,307.45   (-    709.57)
16-09-30   :            48,762.90   (+2,455.45)
16-10-31   :            50,601.65   (+1,838.75)
16-11-30   :            52,677.91   (+2,076.26)
16-12-31   :            57,227.20   (+4,549.29)
               
17-01-31   :            58,540.40   (+1,313.20)
17-02-28   :            64,183.38   (+5,642.98)
17-03-31   :            75,197.12   (+11,013.74)
17-04-30   :            75,589.36   (+   392.24)
17-05-31   :            83,478.46   (+7,889.10)
17-06-30   :            83,208.21   (-    270.25)
17-07-31   :            84,647.77   (+1,466.56)

17-08-31   :            84,980.55   (+  332.78)

Slow gains, but at least was a gain. Moved this month to a cheaper apartment, so will save $350 extra a month from that, but incurred some moving expenses/additional damage deposit. Also some ETF drops again. Ate out for lunch a lot-  patio season is something I suck at exercising my MMM muscles on..
Title: Re: Race from 10 to 100k!!
Post by: junga on September 11, 2017, 06:20:23 PM
I am in!!! My progress since April 2014.

April 2014 : -$9,000
October 2014 : $1500
December 2015 : $20,000
December 2016 : $48,000
September 1 2017 : $82,000
Title: Race from 10 to 100k!!
Post by: twistedfirestarter on September 13, 2017, 02:27:24 AM
April '17 £1250
May '17 £2515
June '17 £3841
July '17 £6774 / $8705
August '17 £8916 / $11597 !

September '17 £10,812

Still plugging away, savings automated so I just pop in to check on them for these updates.

Have been finding it easier to avoid takeaway and minimise restaurant visits, getting out of the habit! Buying less in general and shopping around for better deals on phone/internet etc. (Not switched yet though).

I'm due some overtime pay over next couple of months and my wife is getting a pay rise, hoping to knock a few months of the FI date.
Title: Re: Race from 10 to 100k!!
Post by: Anon in Alaska on September 13, 2017, 06:14:22 AM
I'm almost there. No debts and $98,490.29 invested as of EOB today.

Maybe twice that if you count my paid for condo, my paid for car, everything else I own, cash & checking account. If only I'd started earlier.
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on September 13, 2017, 09:15:42 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
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
May 17: 46766
Jun 17: 49646
Jul 17: 52567
Aug 17: 54267
Sep 17: 54565

I actually didn't expect an increase, tiny as it is, considering the slight downturn in the market, a brand new bike and trips to Dublin and Disney. Gonna count it as a win!
Title: Re: Race from 10 to 100k!!
Post by: M5 on September 20, 2017, 11:48:13 AM
I'm in!

Currently hovering about 10-11k NW. Will be 20k once our student loans are paid off, hopefully by the beginning of next year.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on September 28, 2017, 04:22:18 AM
Welcome Junga, AnonInAlaska, and M5! 

How is everyone doing this month? 
Title: Re: Race from 10 to 100k!!
Post by: Wanttobehome on September 28, 2017, 01:19:40 PM
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+1,673            = 21,754
Mar 2017 20,576+1,828            = 22,404
Apr 2017  21,071+1,890+2300  =25,261
May 2017                                   =25,779
June 2017                                  =£26,319
July 2017                                    =£27,023
August 2017                               =£27,618
September 2017                        =£28,243
October 2017.                             =£28,868

I am aiming for 30K by the end of the year.
I plan to save 100K by 2023 so need to up the saving rate next year.
Title: Re: Race from 10 to 100k!!
Post by: martyconlonontherun on September 28, 2017, 07:10:31 PM
I'm crashing two threads and this will be my joint account. I like my personal one since it's easier to motivate myself then my wife, but it still nice seeing the change in combined NW/Investments which is what matters.

29dh/29dw
Combined 120k income
Midwest City

09/01/2017: $65k Investments/$59k Net Worth

Hopefully graduate this thread by March.
10/01/2017: $68.3k Investments/$65.6k Net Worth
Title: Re: Race from 10 to 100k!!
Post by: LurkerStache on September 28, 2017, 11:35:38 PM
Sep 2016: 51598.42
Oct 2016: 54210.76
Nov 2016: 57821.07
Dec 2016: 59471.44
Jan 2017: 63,813.13
Feb 2017: 66,722.32
Mar 2017: 70,782.46
Apr 2017: 73,027.41
May 2017: 76,803.28
Jun 2017: 78,061.77
Jul 2017: 81,104.24
Aug 2017: 84,125.91
Sep 2017: 88,561.32
Title: Re: Race from 10 to 100k!!
Post by: cashmoney on September 29, 2017, 08:12:57 AM
4/28/17 $82,123.14 start of competition
5/31/17 $83,416.85 an increase of $1,293.71
6/30/17 $88,646.63 an increase of $5,229.78
7/31/17 $97,939.57 an increase of $9,292.94
8/31/17 $98,975.02 an increase of $1,034.45
9/29/17 $101,431.60 an increase of $2,456.58

Mission accomplished!
Title: Re: Race from 10 to 100k!!
Post by: dreadmoose on September 29, 2017, 01:48:32 PM
2016-10-01    $51,413
2016-11-01   -$25,621 (bought a condo, not included in net worth calculation)
2016-12-01   -$25,405
2017-01-01   -$25,189
2017-02-01   -$24,977
2017-03-01   -$21,759 [Found MMM]
2017-04-01   -$15,838 [Quit Job - Started Consulting]
2017-05-01    $7,477
2017-06-01    $16,623
2017-07-01    $27,638
2017-08-01    $39,025
2017-09-01    $49,626
2017-10-01    $59,438 (+9812 this month)

Another great month, have some extra sitting in the business (~2000) but am holding it until some reimbursements come through in case they're rejected.
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on September 29, 2017, 07:33:44 PM
Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

I'm looking forward to following everyone's progress. Good luck to us all!
Title: Re: Race from 10 to 100k!!
Post by: katthjul on September 30, 2017, 04:32:18 AM
EOY 2014: €0
EOY 2015: €16,728
EOY 2016: €41,467
Jan 2017: €42,037
Feb 2017: €45,956
Mar 2017: €48,399
Apr 2017: €48,580
May 2017: €48,527
Jun 2017: €47,553
Jul 2017:  €46,952
Aug 2017: €51,030
Sep 2017: €55,257
I got a large raise in July and have increased my savings with at least €500/month.
Title: Re: Race from 10 to 100k!!
Post by: Milkm4n on September 30, 2017, 04:45:17 AM


01-01-2017 : 45,241
02-01-2017 : 55,143
03-01-2017 : 58,240
04-01-2017 : 69,145
05-01-2017 : 74,332
06-01-2017 : 77,877
07-01-2017 : 82,443
08-01-2017 : 85,688
09-01-2017 - 89,639 (Gain of 3,951)



10-01-2017 : 92,834 (Gain 3195)
Took me 10 years of my adult working life to have 45k in net worth. I have doubled that in 9 months. It is amazing how tracking expenses and focused savings can show great results so quickly. Thank you everyone on this forum for your motivation and inspiration.
Title: Re: Race from 10 to 100k!!
Post by: AcftW on September 30, 2017, 12:37:13 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
$81,435 - Apr 2017
$83,652 - May 2017
$67,981 - Jun 2017
$64,425 - Jul 2017
$66,975 - Aug 2017
$73,801 - Sep 2017
$94,487 - Oct 2017

So I’ve been semi-purposely MIA in this thread since May.  Took a big hit between moving to Alaska and being off rotation with my job.  I was planning to update this month anyway (since I just built back up to May $$ levels), but I just received an inheritance that’s been in limbo for nearly 2 years, so I got bumped up an extra ~10k. November is looking like the month I graduate!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on October 01, 2017, 02:50:29 AM
Congratulations, JerryRice!!  Huge milestone accomplishment.  :)

Welcome aboard Jim Fiction!  You burned up the 10k challenge, and you will do great here as well. 

Welcome back AcftW, though you are doing so well you won't be here long, it looks like.  :)
Title: Re: Race from 10 to 100k!!
Post by: Trifle on October 01, 2017, 02:54:08 AM


01-01-2017 : 45,241
02-01-2017 : 55,143
03-01-2017 : 58,240
04-01-2017 : 69,145
05-01-2017 : 74,332
06-01-2017 : 77,877
07-01-2017 : 82,443
08-01-2017 : 85,688
09-01-2017 - 89,639 (Gain of 3,951)



10-01-2017 : 92,834 (Gain 3195)
Took me 10 years of my adult working life to have 45k in net worth. I have doubled that in 9 months. It is amazing how tracking expenses and focused savings can show great results so quickly. Thank you everyone on this forum for your motivation and inspiration.

You are so right about this Deek.  Once that focus is there, the progress picks up.  And it goes faster and faster the larger the 'stache gets.  Great job.
Title: Re: Race from 10 to 100k!!
Post by: iTellStories on October 01, 2017, 07:39:54 AM
New to the race here.  Your posts have been an inspiration for me over the last few years (helping me climb out of $120k student loan debt in two years).  I'm very happy to to be ready to join you all in this race!

August 1, 2017: $31,378
September 1, 2017: $33,723
October 1, 2017: $37,296
Title: Re: Race from 10 to 100k!!
Post by: Bumbles8 on October 02, 2017, 05:11:59 AM
Just rolled 50k last week with my paycheck.

Started at about 10k for the beginning of the year.  Getting to the "first" 100k is definitely a big motivation

Everyone keep up the good work!
Title: Re: Race from 10 to 100k!!
Post by: Slow&Steady on October 02, 2017, 06:23:08 AM
I only really track my 401k balance 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.

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.

                    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
 Apr 2017:   $78,946      $1026     $79,972
  5/24/17:    $80,007     $1040      $81,047
  6/05/17:    $82,048     $1057      $83,105
  7/21/17:    $84,508     $1075      $85,583
  8/02/17:    $85,737     $1075      $86,812
  9/01/17:    $86,830     $1079      $87,909
10/02/17:    $89,275     $1100      $90,375

I had a goal of $90k in the 401k by the end of the year, only $800 shy of that!!

Title: Re: Race from 10 to 100k!!
Post by: seventytimes7 on October 02, 2017, 06:36:27 AM
2/1/2017   - ($6,832)
3/1/2017   -   $66
4/1/2017   - $ 6,298
5/1/2017   - $12,179
6/1/2017   - $17,418
7/1/2017   - $21,303
8/1/2017   - $28,136
9/1/2017   - $29,233
10/1/2017 - $35,076

Plugging and Chugging. Conservative estimates put me about 12 months away from my graduation.
Title: Re: Race from 10 to 100k!!
Post by: mustache you a question on October 02, 2017, 07:09:16 AM
01/17 - 9,926
02/17 - 15,869
03/17 - 21,618
04/17 - 22,738
05/17 - 29,255
06/17 - 30,880
07/17 - 40,255
08/17 - 44,722
09/17 - 48,025
10/17 - 62,340

Big increase this month mostly due to higher home valuation than in the past (+8500).  Been aggressive paying down debt and have increased our savings rate substantially.  Hope to keep the momentum rolling.
Title: Re: Race from 10 to 100k!!
Post by: Epor on October 02, 2017, 08:43:49 AM
Code: [Select]

                Total    Saved Market G/L
04/01/17 68457.00 1190.50 103.50
05/01/17 70223.00 921.10 844.90
06/01/17 73782.00 2941.60 617.40
07/01/17 76009.00 1559.60 667.40
08/01/17 78615.00 1271.20 1334.80
09/01/17 79916.00 1271.20 29.80
10/01/17 85194.00 3271.20 2006.80



Congrats jerryricefumbled see you soon (hopefully) on the next race.
Title: Re: Race from 10 to 100k!!
Post by: ardrum on October 02, 2017, 10:13:55 AM
6/2015 - (~$12,000)
1/1/16 - ~$2,000
2/1/16 - $4,793
3/1/16 - $10,108
4/1/16 - $14,574
5/1/16 - $16,150
6/1/16 - $19,879
7/1/16 - $23,001
8/1/16 - $28,667
9/1/16 - $33,134
10/1/16 - $35,682
11/1/16 - $37,758
12/1/16 - $42,243
1/1/17 - $31,938 (replaced 17 year old car)
2/1/17 - $36,861
3/1/17 - $43,690
4/1/17 - $46,035
5/1/17 - $49,860
6/1/17 - $53,551
7/1/17 - $59,289
8/1/17 - $64,996
9/1/17 - $68,439
10/1/17 - $73,881

I have been fighting and clawing to save from being in negative net worth territory less than two years ago.  I can hardly believe I am on pace to exceed $80k by the end of the year barring stock market crash.  Even if it does crash though and pause/slow down progress, cheaper buying opportunities will be had!  Keep staying the course, everyone!
Title: Re: Race from 10 to 100k!!
Post by: SarkastikNinja on October 02, 2017, 11:10:24 PM

15-01-31   :           -12,050.05
15-02-28   :             -9,013.04   (+3,037.01)
15-03-31   :             -8,373.63   (+   639.41)
15-04-30   :              3,957.65   (+4,415.98)
15-05-31   :              6,155.15   (+2,197.50)
15-06-30   :              4,161.27   (- 1,993.88)
15-07-31   :              9,940.39   (+5,779.12)
15-08-31   :            11,086.93   (+1,146.54)
15-09-30   :            13,411.39   (+2,324.46)
15-10-31   :            21,753.13   (+8,341.74)
15-11-30   :            23,540.19   (+1,787.06)
15-12-31   :            25,039.14   (+1,498.95)
               
16-01-31   :            31,418.13   (+6,378.99)
16-02-29   :            33,247.02   (+1,828.89)
16-03-31   :            37,241.82   (+3,994.80)
16-04-30   :            47,305.81   (+10,063.99)
16-05-31   :            47,145.83   (-    159.98)
16-06-30   :            46,076.20   (-    838.38)
16-07-31   :            47,098.02   (+1,021.82)
16-08-31   :            46,307.45   (-    709.57)
16-09-30   :            48,762.90   (+2,455.45)
16-10-31   :            50,601.65   (+1,838.75)
16-11-30   :            52,677.91   (+2,076.26)
16-12-31   :            57,227.20   (+4,549.29)
               
17-01-31   :            58,540.40   (+1,313.20)
17-02-28   :            64,183.38   (+5,642.98)
17-03-31   :            75,197.12   (+11,013.74)
17-04-30   :            75,589.36   (+   392.24)
17-05-31   :            83,478.46   (+7,889.10)
17-06-30   :            83,208.21   (-    270.25)
17-07-31   :            84,647.77   (+1,466.56)
17-08-31   :            84,980.55   (+  332.78)


17-09-30   :            89.862.67   (+4,882.12)

Making some progress again :)
Market gains definitely helped this month
Title: Re: Race from 10 to 100k!!
Post by: icbatbh on October 03, 2017, 07:36:39 AM
June 2017:            £35,080.50
July 2017:             £37.089.54
August 2017:         £38,911.14
September 2017:   £40,483.65
Title: Re: Race from 10 to 100k!!
Post by: ardrum on October 03, 2017, 10:01:52 AM

15-01-31   :           -12,050.05
15-02-28   :             -9,013.04   (+3,037.01)
15-03-31   :             -8,373.63   (+   639.41)
15-04-30   :              3,957.65   (+4,415.98)
15-05-31   :              6,155.15   (+2,197.50)
15-06-30   :              4,161.27   (- 1,993.88)
15-07-31   :              9,940.39   (+5,779.12)
15-08-31   :            11,086.93   (+1,146.54)
15-09-30   :            13,411.39   (+2,324.46)
15-10-31   :            21,753.13   (+8,341.74)
15-11-30   :            23,540.19   (+1,787.06)
15-12-31   :            25,039.14   (+1,498.95)
               
16-01-31   :            31,418.13   (+6,378.99)
16-02-29   :            33,247.02   (+1,828.89)
16-03-31   :            37,241.82   (+3,994.80)
16-04-30   :            47,305.81   (+10,063.99)
16-05-31   :            47,145.83   (-    159.98)
16-06-30   :            46,076.20   (-    838.38)
16-07-31   :            47,098.02   (+1,021.82)
16-08-31   :            46,307.45   (-    709.57)
16-09-30   :            48,762.90   (+2,455.45)
16-10-31   :            50,601.65   (+1,838.75)
16-11-30   :            52,677.91   (+2,076.26)
16-12-31   :            57,227.20   (+4,549.29)
               
17-01-31   :            58,540.40   (+1,313.20)
17-02-28   :            64,183.38   (+5,642.98)
17-03-31   :            75,197.12   (+11,013.74)
17-04-30   :            75,589.36   (+   392.24)
17-05-31   :            83,478.46   (+7,889.10)
17-06-30   :            83,208.21   (-    270.25)
17-07-31   :            84,647.77   (+1,466.56)
17-08-31   :            84,980.55   (+  332.78)


17-09-30   :            89.862.67   (+4,882.12)

Making some progress again :)
Market gains definitely helped this month

You're getting super close now!  Any chance you break the barrier by year end?
Title: Re: Race from 10 to 100k!!
Post by: SarkastikNinja on October 03, 2017, 02:57:07 PM

15-01-31   :           -12,050.05
15-02-28   :             -9,013.04   (+3,037.01)
15-03-31   :             -8,373.63   (+   639.41)
15-04-30   :              3,957.65   (+4,415.98)
15-05-31   :              6,155.15   (+2,197.50)
15-06-30   :              4,161.27   (- 1,993.88)
15-07-31   :              9,940.39   (+5,779.12)
15-08-31   :            11,086.93   (+1,146.54)
15-09-30   :            13,411.39   (+2,324.46)
15-10-31   :            21,753.13   (+8,341.74)
15-11-30   :            23,540.19   (+1,787.06)
15-12-31   :            25,039.14   (+1,498.95)
               
16-01-31   :            31,418.13   (+6,378.99)
16-02-29   :            33,247.02   (+1,828.89)
16-03-31   :            37,241.82   (+3,994.80)
16-04-30   :            47,305.81   (+10,063.99)
16-05-31   :            47,145.83   (-    159.98)
16-06-30   :            46,076.20   (-    838.38)
16-07-31   :            47,098.02   (+1,021.82)
16-08-31   :            46,307.45   (-    709.57)
16-09-30   :            48,762.90   (+2,455.45)
16-10-31   :            50,601.65   (+1,838.75)
16-11-30   :            52,677.91   (+2,076.26)
16-12-31   :            57,227.20   (+4,549.29)
               
17-01-31   :            58,540.40   (+1,313.20)
17-02-28   :            64,183.38   (+5,642.98)
17-03-31   :            75,197.12   (+11,013.74)
17-04-30   :            75,589.36   (+   392.24)
17-05-31   :            83,478.46   (+7,889.10)
17-06-30   :            83,208.21   (-    270.25)
17-07-31   :            84,647.77   (+1,466.56)
17-08-31   :            84,980.55   (+  332.78)


17-09-30   :            89.862.67   (+4,882.12)

Making some progress again :)
Market gains definitely helped this month

You're getting super close now!  Any chance you break the barrier by year end?

I really hope so, I should have a bonus coming in the next month or so that might get me really close to striking distance of graduating from the thread. I do hold a fair chunk of a really volatile ETF though, so I can have big swings (for me) from that - usually down.  Fingers crossed!

You've made a lot of progress in the last year as well! Looks like you'll be close (or graduating!) by year end as well!
Title: Re: Race from 10 to 100k!!
Post by: junga on October 03, 2017, 05:25:21 PM
I am in!!! My progress since April 2014.

April 2014 : -$9,000
October 2014 : $1500
December 2015 : $20,000
December 2016 : $48,000
September 1 2017 : $82,000

Thank you Trifele for the warm welcome. Good to be here. 

October 1, 2017 : $87,996
Title: Re: Race from 10 to 100k!!
Post by: cashmoney on October 04, 2017, 06:59:30 AM
Congratulations, JerryRice!!  Huge milestone accomplishment.  :)


Thanks Trifele!  It's crazy how quickly it all adds up when you get serious about it.  I'm graduating to the next thread.  Good luck everyone.
Title: Re: Race from 10 to 100k!!
Post by: ingrownstudentloans on October 04, 2017, 10:22:19 AM
Rejoining with new numbers - I started out tracking NW, but it did not feel right as it includes home equity/rental home equity/student loans, etc....  I am now only including our tax-advantaged retirement accounts as that is what feels right for me on this thread.  I expect to graduate April 2019.

6/1/2017   $44,119
7/1/2017   $46,553
8/1/2017   $48,477
9/1/2017   $51,618
10/1/2017 $55,740
Title: Re: Race from 10 to 100k!!
Post by: frugalfanny on October 04, 2017, 06:01:12 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

October 4, 2017: $88,757

Will certainly cross $90k, maybe $95 this year... three paychecks in December will give me a boost! So close!
Title: Re: Race from 10 to 100k!!
Post by: Ascotillion on October 04, 2017, 10:49:43 PM
First post in here, hi all!

 Jan: $16,229.65
 Feb: $14,464.52
 Mar: $15,373.56
 Apr: $16,951.54
 May: $18,680.07
 Jun: $20,697.15
 Jul: $21,899.86
 Aug: $24,282.31
 Sep: $26,223.66
 Oct: $26,253.39

It's been a ROUGH couple of weeks. My partner's father had a bad heart attack and eventually passed away (only 58!) and we had to drop everything to fly north and be here for the family. It's pretty nice to have a couple of grand socked away, even if it does mean my numbers have stalled.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on October 05, 2017, 04:08:43 AM
Welcome to the thread iTellStories and Ascotillion!   (So sorry for your loss Ascotillion).
Title: Re: Race from 10 to 100k!!
Post by: Anon in Alaska on October 06, 2017, 05:50:34 AM
And I'm there. $100,977.79 once they process the $1,000 I just put in. (More with the paid for condo and car but I'm not counting those.) On to the next milestone.

This was quicker than I though it would be, but part of that was due to the money my Mother left me in her will.
Therefore I'm hoping the next part isn't quick for a similar reason....
Title: Re: Race from 10 to 100k!!
Post by: Slow&Steady on October 06, 2017, 11:19:48 AM
I only really track my 401k balance 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.

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.

                    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
 Apr 2017:   $78,946      $1026     $79,972
  5/24/17:    $80,007     $1040      $81,047
  6/05/17:    $82,048     $1057      $83,105
  7/21/17:    $84,508     $1075      $85,583
  8/02/17:    $85,737     $1075      $86,812
  9/01/17:    $86,830     $1079      $87,909
10/02/17:    $89,275     $1100      $90,375

I had a goal of $90k in the 401k by the end of the year, only $800 shy of that!!

I have been hearing the radio talk about the market having "another" up day for the last few days so I decided to check my balance in the 401K ... and drumroll... I hit $90k today.  I keep expecting the market to stop climbing but I will take it!
Title: Re: Race from 10 to 100k!!
Post by: AcftW on October 07, 2017, 02:31:50 AM
Welcome back AcftW, though you are doing so well you won't be here long, it looks like.  :)

Thanks!  I just got paid and the market’s been good for me, I actually just passed the 100k mark but am going to wait until 1 November in case anything happens.
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on October 07, 2017, 10:22:01 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
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
May 17: 46766
Jun 17: 49646
Jul 17: 52567
Aug 17: 54267
Sep 17: 54565
Oct 17: 68832
Title: Re: Race from 10 to 100k!!
Post by: Ascotillion on October 07, 2017, 11:10:55 PM
Nederstash, I'm basically you a year ago! Hope I can hit 60k by Oct 18, great job 😎
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on October 08, 2017, 12:31:03 PM
Nederstash, I'm basically you a year ago! Hope I can hit 60k by Oct 18, great job 😎

Dare you to overtake me in 2 years :D
Title: Re: Race from 10 to 100k!!
Post by: twistedfirestarter on October 09, 2017, 08:11:46 AM
April '17 £1,250
May '17 £2,515
June '17 £3,841
July '17 £6,774 / $8,705
August '17 £8,916 / $11,597 !
September '17 £10,812

October '17 £14,169

Lots of overtime helped bump things up this month
Title: Re: Race from 10 to 100k!!
Post by: LawBookstore on October 10, 2017, 10:17:15 AM
First time checking in! Here's what the last few months have looked like:

1/1/17: $50,628
2/1/17: $54,828
3/1/17: $56,100
4/1/17: $60,393
5/1/17: $63,775
6/1/17: $67,020

I may have an expensive summer coming up (buying a car for the first time, moving long-distance, possible break between jobs), but here's hoping I can stay on track for my goal of $80k at year's end. And then $100k before my 27th birthday in 2018!

10/1/17: $75,600

Well, it's been a while and it was an expensive summer, but I've made some progress. I did buy a (used) car, moved across the country, and had a little over a month with no income because of a break between jobs. But this new job should accelerate things a bit. I'm on track to surpass my $80k year-end goal, and should hit $100 by the end of June 2018 at the latest.
Title: Re: Race from 10 to 100k!!
Post by: vertkurt on October 10, 2017, 04:01:22 PM
I'll throw my hat into this as a newbie saver. I just graduated and have a new modest job at 31.

Roth VTSMX currently $8995.
TSP $0.

Will update monthly. Time to get the ball rolling!

Title: Re: Race from 10 to 100k!!
Post by: briesas on October 12, 2017, 10:18:22 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

Assets
State pension (only the part I can roll over if I leave) = 33,177
IRA= 3,120
457 = 11,019
Savings = 1,000
Total = 48,316

Debts
Student loans = 19,665

NW = 28,651
Title: Re: Race from 10 to 100k!!
Post by: anadyne on October 17, 2017, 03:56:36 PM
Hi there! I'm new here and looking for a place to jump in for motivation as I read my way through the forums and optimize my spending and such. Feels like I'm in the doldroms just above $50K - will I ever see progress? Grrr...

Anyway I'm going to go on my Personal Capital investments, no other assets & excluding cash on hand as that is going to budgeting and the unfortunate spending of half my emergency fund on emergency dental work.

October 2017: $55,138
Title: Re: Race from 10 to 100k!!
Post by: Trifle on October 18, 2017, 04:45:50 AM
Welcome Anadyne and VertKurt!  Great group of folks here showing each other support. 
Title: Re: Race from 10 to 100k!!
Post by: dutty on October 18, 2017, 11:40:41 AM
I'm going to join in on this. I became aware of MMM and the general philosophy almost two years ago but a low wage (yes a poor excuse) and some travelling have prevented me from beginning the march towards £100K. I have just had a substantial pay rise and so I really need some form of accountability to make this opportunity count and also to prevent lifestyle creep, hopefully this thread can help!

I'll start the record from a couple of months before my pay rise.

05/17 £1020
06/17 £470    (-£550    /\ -50%)
07/17 £1,590 (+£1120 /\ +340%)
08/17 £2,080 (+£490   /\ +30%)
09/17 £7,250 (+£5170 /\ +350%)
Title: Re: Race from 10 to 100k!!
Post by: Cezil on October 18, 2017, 11:57:12 AM
Dec-16: $32,870.70
Mar-17: $42,371.10

I can't wait to get over 50K!
And then life got so busy, I didn't even register when it happened..!

Aug-17: $49,222.48
Sep-17: $51,435.45
Title: Re: Race from 10 to 100k!!
Post by: anadyne on October 20, 2017, 05:06:37 AM
Dec-16: $32,870.70
Mar-17: $42,371.10

I can't wait to get over 50K!
And then life got so busy, I didn't even register when it happened..!

Aug-17: $49,222.48
Sep-17: $51,435.45
 

Great job! Hope that happens to me with my next milestone!

.
.

I'm currently frustrated that half my net worth is in transit between TIAA and Vanguard for a rollover and I almost choked when I opened Personal Capital and saw the net worth bottoming out. I can't believe in this day and age the rollover can't be totally electronic! They tell me it could take up to 2 weeks to arrive in my rollover account...
Title: Re: Race from 10 to 100k!!
Post by: Pooperman on October 20, 2017, 05:44:19 AM
Dec-16: $32,870.70
Mar-17: $42,371.10

I can't wait to get over 50K!
And then life got so busy, I didn't even register when it happened..!

Aug-17: $49,222.48
Sep-17: $51,435.45
 

Great job! Hope that happens to me with my next milestone!

.
.

I'm currently frustrated that half my net worth is in transit between TIAA and Vanguard for a rollover and I almost choked when I opened Personal Capital and saw the net worth bottoming out. I can't believe in this day and age the rollover can't be totally electronic! They tell me it could take up to 2 weeks to arrive in my rollover account...

I transferred from Schwab to Vanguard via ACH so it is electronic for certain firm but not for all, I guess.
Title: Re: Race from 10 to 100k!!
Post by: druth on October 20, 2017, 11:06:17 AM
Woke up the other day to mint saying I had gotten up to 114k, but it turns out they doubled one of my vanguard accounts.  :D

Actually at about 88k.  Didn't work for a couple months so I could do some traveling, but now back on track.  Should hit 100k in ~4 months.
Title: Re: Race from 10 to 100k!!
Post by: ingrownstudentloans on October 20, 2017, 11:21:37 AM
Woke up the other day to mint saying I had gotten up to 114k, but it turns out they doubled one of my vanguard accounts.  :D

Bank error in your favor. Collect $200.
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on October 23, 2017, 05:27:25 AM
New to the thread. Found MMM about two months ago, turned out I've been quite mustachian all my life. Starting my first 'real' job next week and aiming to save 1000 EUR monthly.

Current net worth approx EUR 13400,-
Title: Re: Race from 10 to 100k!!
Post by: Shelfside27 on October 23, 2017, 08:57:36 AM
Only just signed up to post but been following this thread for a while and it is a huge help to keep me on track.

Since I started tracking:

07/17: £18,831
08/17: £20,396
09/17: £23,363
10/17: £24,599


Quarter of the way there. :-)
Title: Re: Race from 10 to 100k!!
Post by: anadyne on October 27, 2017, 01:36:37 PM
Dec-16: $32,870.70
Mar-17: $42,371.10

I can't wait to get over 50K!
And then life got so busy, I didn't even register when it happened..!

Aug-17: $49,222.48
Sep-17: $51,435.45
 

Great job! Hope that happens to me with my next milestone!

.
.

I'm currently frustrated that half my net worth is in transit between TIAA and Vanguard for a rollover and I almost choked when I opened Personal Capital and saw the net worth bottoming out. I can't believe in this day and age the rollover can't be totally electronic! They tell me it could take up to 2 weeks to arrive in my rollover account...

I transferred from Schwab to Vanguard via ACH so it is electronic for certain firm but not for all, I guess.
 

Well mine ended up only taking a week, so not that bad - but my Personal Capital profile now looks like I tanked it for a week followed by the most epic day ever haha.
Title: Re: Race from 10 to 100k!!
Post by: martyconlonontherun on October 27, 2017, 03:00:24 PM
I'm crashing two threads and this will be my joint account. I like my personal one since it's easier to motivate myself then my wife, but it still nice seeing the change in combined NW/Investments which is what matters.

29dh/29dw
Combined 120k income
Midwest City

09/01/2017: $65k Investments/$59k Net Worth
10/01/2017: $68.3k Investments/$65.6k Net Worth
Hopefully graduate this thread by March.
10/27/2017: $72k Investments/$70.5k Net Worth
Title: Re: Race from 10 to 100k!!
Post by: dreadmoose on October 27, 2017, 05:09:25 PM
   Jul 2016      -$19,048.00    
   Aug 2016      -$18,739.00    
   Sep 2016       $9,463.00    
   Oct 2016      -$25,832.00    
   Nov 2016      -$25,621.00    
   Dec 2016      -$25,405.00    
   Jan 2017      -$25,189.00    
   Feb 2017      -$24,977.00    
   Mar 2017      -$21,759.00    
   Apr 2017      -$15,838.00    
   May 2017       $7,477.00    
   Jun 2017       $16,623.25    
   Jul 2017       $27,638.49    
   Aug 2017       $39,025.21    
   Sep 2017       $49,626.13    
   Oct 2017       $59,438.41    
   Nov 2017       $71,949.94     (+12,511)

Happy with this month, closing in on the plan to save 100K in 2017 (tracked in another thread). Will be helped by a RRSP contribution of all overtime for the last 3 months at the end of December (held in case of miscalculated corporate taxes).

Title: Re: Race from 10 to 100k!!
Post by: Milkm4n on October 28, 2017, 05:30:48 AM
October Update

01-01-2017 : 45,241
02-01-2017 : 55,143
03-01-2017 : 58,240
04-01-2017 : 69,145
05-01-2017 : 74,332
06-01-2017 : 77,877
07-01-2017 : 82,443
08-01-2017 : 85,688
09-01-2017 - 89,639
10-01-2017 : 92,834
11-01-2017 : 100,090 (GRADUATION)

Wow my investments were on fire this month. I expect them to drop back a little next month, but my new contributions should keep me above the 100k mark :).
Title: Re: Race from 10 to 100k!!
Post by: L2 on October 28, 2017, 06:51:55 PM
I am in! The goal is to get to 100k net worth by the end of 2018. Currently at ~21k. I have been pretty good at my goals so far. Starting out after college in Dec. 2013, I believe I had about a negative net worth of 65k. My first financial goal was to get a net worth of zero by the time I received my tax refund this year and I hit it at the end of January. My second goal was to have my private student loan (6.6%) paid off by the end of July. I made it at the end of June. Next I am hoping to have the car paid off by the end of the year. Currently have a 10k balance left on that loan.

My soft goal for the end of 2017 is 35k in net worth, only because I think I'll need it to be close to that to meet the 100k goal at the end of 2018. I have not done any hard calcs at this point, but in the mean time, I should be getting annual raises of approx. 5k beginning 11/1 for 2017 and 2018. I will also be maxing out my 401k in 2018 and hopefully the ROTH IRA as well.

So I am currently at ~30,900 net worth. I've been averaging about a 2k increase per month and I've got an extra paycheck coming in for December as there will be 3 pay periods. I should be between 37-38k net worth by the end of the year. I've got a raise coming effective 11/1, but I have not been communicated the amount yet.

I've cut almost 3k in annual expenses in the past few months. Moved to a nicer, more convenient, and cheaper apartment (farther away from city center, which I don't need anymore) that will save me $87 a month. In moving there and an acquisition by my firm, I will be driving approximately 10 miles round trip a day rather than 60. Rough estimates have that at about $100 a month in gas savings. My firm is also adding a HDHP plan, which I do not know the exact details yet, but I'm guessing this will be about 1/2 the cost of the low deductible plan (estimated savings of 50/month).

I have not ran the hard numbers yet as exact figures aren't determined, but my goal of 100k NW by the end of 2018 is going to come really close. I'd guess I'm looking at being more towards 10-15k short without any gains/raise coming next year/potential promotion. Here is a question for my fellow cohorts - I have about a 5k vested pension at my previous employer. I'm going to check to see if there is any way I can roll that over into a 401k/IRA this coming week. Either way, would you include that in your net worth calc? I'm younger so pensions are not a familiar topic for me. I've read being vested means that its guaranteed to me no matter what, but I've heard of plenty of people losing their pensions (albeit not knowing specific circumstances).
Title: Re: Race from 10 to 100k!!
Post by: Trifle on October 29, 2017, 05:49:32 AM
October Update

01-01-2017 : 45,241
02-01-2017 : 55,143
03-01-2017 : 58,240
04-01-2017 : 69,145
05-01-2017 : 74,332
06-01-2017 : 77,877
07-01-2017 : 82,443
08-01-2017 : 85,688
09-01-2017 - 89,639
10-01-2017 : 92,834
11-01-2017 : 100,090 (GRADUATION)

Wow my investments were on fire this month. I expect them to drop back a little next month, but my new contributions should keep me above the 100k mark :).

Congratulations, Deek!!  Well done!
Title: Re: Race from 10 to 100k!!
Post by: AcftW on October 30, 2017, 11:38:02 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
$81,435 - Apr 2017
$83,652 - May 2017
$67,981 - Jun 2017
$64,425 - Jul 2017
$66,975 - Aug 2017
$73,801 - Sep 2017
$94,487 - Oct 2017

$103,372 - Nov 2017

Made it! Took 2 years and some ups and downs but I made it.  Keep it up everyone, hope to see you in the next thread!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on October 31, 2017, 06:25:30 AM
$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
$81,435 - Apr 2017
$83,652 - May 2017
$67,981 - Jun 2017
$64,425 - Jul 2017
$66,975 - Aug 2017
$73,801 - Sep 2017
$94,487 - Oct 2017

$103,372 - Nov 2017

Made it! Took 2 years and some ups and downs but I made it.  Keep it up everyone, hope to see you in the next thread!

Wooo Hoooo!!!!  Big congratulations! 
Title: Re: Race from 10 to 100k!!
Post by: mustache you a question on October 31, 2017, 06:35:49 AM
01/17 - 9,926
02/17 - 15,869
03/17 - 21,618
04/17 - 22,738
05/17 - 29,255
06/17 - 30,880
07/17 - 40,255
08/17 - 44,722
09/17 - 48,025
10/17 - 62,340
11/17 - 67,770

Good month again...November will be a little tougher.  Doing some work on the house and have to pay for Christmas presents (8 nieces and nephews makes it a little more expensive). 
Title: Re: Race from 10 to 100k!!
Post by: SarkastikNinja on October 31, 2017, 03:41:13 PM

15-01-31   :           -12,050.05
15-02-28   :             -9,013.04   (+3,037.01)
15-03-31   :             -8,373.63   (+   639.41)
15-04-30   :              3,957.65   (+4,415.98)
15-05-31   :              6,155.15   (+2,197.50)
15-06-30   :              4,161.27   (- 1,993.88)
15-07-31   :              9,940.39   (+5,779.12)
15-08-31   :            11,086.93   (+1,146.54)
15-09-30   :            13,411.39   (+2,324.46)
15-10-31   :            21,753.13   (+8,341.74)
15-11-30   :            23,540.19   (+1,787.06)
15-12-31   :            25,039.14   (+1,498.95)
               
16-01-31   :            31,418.13   (+6,378.99)
16-02-29   :            33,247.02   (+1,828.89)
16-03-31   :            37,241.82   (+3,994.80)
16-04-30   :            47,305.81   (+10,063.99)
16-05-31   :            47,145.83   (-    159.98)
16-06-30   :            46,076.20   (-    838.38)
16-07-31   :            47,098.02   (+1,021.82)
16-08-31   :            46,307.45   (-    709.57)
16-09-30   :            48,762.90   (+2,455.45)
16-10-31   :            50,601.65   (+1,838.75)
16-11-30   :            52,677.91   (+2,076.26)
16-12-31   :            57,227.20   (+4,549.29)
               
17-01-31   :            58,540.40   (+1,313.20)
17-02-28   :            64,183.38   (+5,642.98)
17-03-31   :            75,197.12   (+11,013.74)
17-04-30   :            75,589.36   (+   392.24)
17-05-31   :            83,478.46   (+7,889.10)
17-06-30   :            83,208.21   (-    270.25)
17-07-31   :            84,647.77   (+1,466.56)
17-08-31   :            84,980.55   (+  332.78)
17-09-30   :            89,862.67   (+4,882.12)


17-10-31   :            115,300.79   (+25,438.12)

Graduation day! I received a much larger year end bonus than expected which sent me flying into the next thread! See everyone there!

Title: Re: Race from 10 to 100k!!
Post by: JLee on October 31, 2017, 06:17:20 PM

15-01-31   :           -12,050.05
15-02-28   :             -9,013.04   (+3,037.01)
15-03-31   :             -8,373.63   (+   639.41)
15-04-30   :              3,957.65   (+4,415.98)
15-05-31   :              6,155.15   (+2,197.50)
15-06-30   :              4,161.27   (- 1,993.88)
15-07-31   :              9,940.39   (+5,779.12)
15-08-31   :            11,086.93   (+1,146.54)
15-09-30   :            13,411.39   (+2,324.46)
15-10-31   :            21,753.13   (+8,341.74)
15-11-30   :            23,540.19   (+1,787.06)
15-12-31   :            25,039.14   (+1,498.95)
               
16-01-31   :            31,418.13   (+6,378.99)
16-02-29   :            33,247.02   (+1,828.89)
16-03-31   :            37,241.82   (+3,994.80)
16-04-30   :            47,305.81   (+10,063.99)
16-05-31   :            47,145.83   (-    159.98)
16-06-30   :            46,076.20   (-    838.38)
16-07-31   :            47,098.02   (+1,021.82)
16-08-31   :            46,307.45   (-    709.57)
16-09-30   :            48,762.90   (+2,455.45)
16-10-31   :            50,601.65   (+1,838.75)
16-11-30   :            52,677.91   (+2,076.26)
16-12-31   :            57,227.20   (+4,549.29)
               
17-01-31   :            58,540.40   (+1,313.20)
17-02-28   :            64,183.38   (+5,642.98)
17-03-31   :            75,197.12   (+11,013.74)
17-04-30   :            75,589.36   (+   392.24)
17-05-31   :            83,478.46   (+7,889.10)
17-06-30   :            83,208.21   (-    270.25)
17-07-31   :            84,647.77   (+1,466.56)
17-08-31   :            84,980.55   (+  332.78)
17-09-30   :            89,862.67   (+4,882.12)


17-10-31   :            115,300.79   (+25,438.12)

Graduation day! I received a much larger year end bonus than expected which sent me flying into the next thread! See everyone there!

That's an awesome jump - congrats!
Title: Re: Race from 10 to 100k!!
Post by: AcftW on October 31, 2017, 09:22:20 PM

Wooo Hoooo!!!!  Big congratulations!

Thank you!  Never would have believed it was possible a few years ago.  But at 25 and single, there’s no better time to start building the foundation.
Title: Re: Race from 10 to 100k!!
Post by: LurkerStache on November 01, 2017, 08:44:34 AM
Sep 2016: 51598.42
Oct 2016: 54210.76
Nov 2016: 57821.07
Dec 2016: 59471.44
Jan 2017: 63,813.13
Feb 2017: 66,722.32
Mar 2017: 70,782.46
Apr 2017: 73,027.41
May 2017: 76,803.28
Jun 2017: 78,061.77
Jul 2017: 81,104.24
Aug 2017: 84,125.91
Sep 2017: 88,561.32
Oct 2017: 92,457.44

Lots of graduates this month. Congrats everyone!
Title: Re: Race from 10 to 100k!!
Post by: vertkurt on November 01, 2017, 05:07:04 PM
10/10/17
Roth VTSMX currently $8995.
TSP $0.
11/1/17
rIRA= $10,095
TSP= $121

Waiting for payroll to wake up so I can start making max contributions. Hopefully next pay period it will be deducted.
Title: Re: Race from 10 to 100k!!
Post by: ardrum on November 01, 2017, 06:16:11 PM
Cruising along in 2017.  My goal is to graduate in 2018 no matter whether the market has a downturn or not.  Save that hard!

1/1/17   $31,938
2/1/17   $36,861
3/1/17   $43,690
4/1/17   $46,035
5/1/17   $49,860
6/1/17   $53,551
7/1/17   $59,289
8/1/17   $64,996
9/1/17   $68,439
10/1/17   $73,881
11/1/17   $79,385
Title: Re: Race from 10 to 100k!!
Post by: ingrownstudentloans on November 01, 2017, 08:03:13 PM
Rejoining with new numbers - I started out tracking NW, but it did not feel right as it includes home equity/rental home equity/student loans, etc....  I am now only including our tax-advantaged retirement accounts as that is what feels right for me on this thread.  I expect to graduate April 2019.

6/1/2017   $44,119
7/1/2017   $46,553
8/1/2017   $48,477
9/1/2017   $51,618
10/1/2017 $55,740
11/1/2017  $60,079 (will slow down through EOY as 401K is now maxed)
Title: Re: Race from 10 to 100k!!
Post by: iTellStories on November 02, 2017, 05:53:49 AM
Aug 1, 2017: $31,378
Sep 1, 2017: $33,723
Oct 1, 2017: $37,296
Nov 1, 2017 $42,930

October was a good month for me.  My roommate got a new job in Chicago, and is taking the majority of the furniture with him.  November is going to be a little tighter for me with furniture and Christmas purchases on the horizon.  At least I've found a new roommate coming in on December 1!
Title: Re: Race from 10 to 100k!!
Post by: arob54600 on November 02, 2017, 09:09:25 AM
I'm in!
I've been needing a little motivation in my mustachian life.
I will be doing this separately from my husband because it's easier for me to track on MINT.
100k here I come!

NOV-2017- $41,195 in arobs IRA's
Title: Re: Race from 10 to 100k!!
Post by: junga on November 02, 2017, 04:31:11 PM

My progress since April 2014.

April, 2014             : -$9,000
October, 2014        : $1500
December, 2015     : $20,000
December, 2016     : $48,000
September 1, 2017 : $82,000
October 1, 2017      : $87,996
November 1, 2017  : $90,085
Title: Re: Race from 10 to 100k!!
Post by: Epor on November 02, 2017, 05:04:17 PM

First: Congrats: deek16, AcftW and SarkastikNinja! I hopefully will join you on the next race in few months!


Date       Total      Savings   Market G/L
04/01/17   68457.00   1190.50   103.50
05/01/17   70223.00    921.10   844.90
06/01/17   73782.00   2941.60   617.40
07/01/17   76009.00   1559.60   667.40
08/01/17   78615.00   1271.20   1334.80
09/01/17   79916.00   1271.20   29.80
10/01/17   85194.00   3271.20   2006.80
11/01/17   87497.00   1271.20   1031.80


Title: Re: Race from 10 to 100k!!
Post by: dutty on November 03, 2017, 05:30:03 AM
Wow everyone is smashing it, definitely feels like a race!

05/17 | £1020
06/17 | £470      (-£550 ~    -50%)
07/17 |  £1,590   (+£1120 ~ +340%)
08/17 |  £2,080   (+£490   ~ +30%)
09/17 |  £7,250   (+£5170 ~ +350%)
10/17 |£12,000 (+£4750 ~ +65%)
Title: Re: Race from 10 to 100k!!
Post by: Slow&Steady on November 03, 2017, 10:02:07 AM
I only really track my 401k balance 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.

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.

                    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
 Apr 2017:   $78,946      $1026     $79,972
  5/24/17:    $80,007     $1040      $81,047
  6/05/17:    $82,048     $1057      $83,105
  7/21/17:    $84,508     $1075      $85,583
  8/02/17:    $85,737     $1075      $86,812
  9/01/17:    $86,830     $1079      $87,909
10/02/17:    $89,275     $1100      $90,375
11/03/17:    $91,994     $1124      $93,118

I had a goal of $90k in the 401k by the end of the year, I made it!!  There should be a pretty decent dividends increase in Dec, not sure if I will be able to hit $95k in the 401k alone before the end of the year but it seems pretty likely in the combination of the 401k and IRA. 

It would be really cool to graduate from this before baby #2 comes in March!
Title: Re: Race from 10 to 100k!!
Post by: Wanttobehome on November 04, 2017, 01:11:48 PM
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+1,673            = 21,754
Mar 2017 20,576+1,828            = 22,404
Apr 2017  21,071+1,890+2300  =25,261
May 2017                                   =25,779
June 2017                                  =£26,319
July 2017                                    =£27,023
August 2017                               =£27,618
September 2017                        =£28,243
October 2017.                             =£28,868
November 2017.                         =£29,486

Planning on increasing saving rate in December
Title: Re: Race from 10 to 100k!!
Post by: TheLonelySaver on November 05, 2017, 02:12:43 PM
Hi all

After checking out this thread from time to time I thought it is time to start for me as well. I'm only counting investment money which is either in stocks, ETFs or crowdlending (something I will not invest more in future). So wish everyone a good race :)

Date              Total                   Savings
01.11.2016    CHF 10'900.00     CHF -   
01.12.2016    CHF 12'570.00     CHF 1'670.00
01.01.2017    CHF 14'381.50     CHF 1'811.50
01.02.2017    CHF 16'237.36     CHF 1'855.86
01.03.2017    CHF 19'749.23     CHF 3'511.87
01.04.2017    CHF 20'917.28     CHF 1'168.05
01.05.2017    CHF 21'547.08     CHF 629.80
01.06.2017    CHF 22'027.74     CHF 480.66
01.07.2017    CHF 28'622.42     CHF 6'594.68
01.08.2017    CHF 32'055.63     CHF 3'433.21
01.09.2017    CHF 33'500.02     CHF 1'444.39
01.10.2017    CHF 35'570.74     CHF 2'070.72
01.11.2017    CHF 41'688.57     CHF 6'117.83
Title: Re: Race from 10 to 100k!!
Post by: andy85 on November 06, 2017, 08:01:41 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
Mar 17   $71,221
Apr 17   $73,018
May 17   $71,772
Jun 17   $69,832
Jul 17   $72,166
Aug 17   $73,360
Sep 17   $76,497
Oct 17   $77,675

Title: Re: Race from 10 to 100k!!
Post by: Trifle on November 06, 2017, 04:36:48 PM
We've got some folks brand new to the forums here -- Welcome aboard Arob54600 and LonelySaver! 
Title: Re: Race from 10 to 100k!!
Post by: anadyne on November 07, 2017, 11:02:28 AM

October 2017: $55,138

November 2017: $57,080

Not a good month for me, just the minimums as all my spare cash and then some went to my dentist. Blah. Will be the same next month.
Title: Race from 10 to 100k!!
Post by: twistedfirestarter on November 08, 2017, 01:06:41 AM
April '17 £1,250
May '17 £2,515
June '17 £3,841
July '17 £6,774 / $8,705
August '17 £8,916 / $11,597 !
September '17 £10,812
October '17 £14,169

November '17 £16,320 / $21,449 !

Whoop whoop, another milestone, I like converting to dollars as it makes me feel like I'm making better progress.

In other news, we now have a lodger, only short term but will boost savings and provide company to Mrs T when I'm away with work.
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on November 08, 2017, 07:06:53 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
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
May 17: 46766
Jun 17: 49646
Jul 17: 52567
Aug 17: 54267
Sep 17: 54565
Oct 17: 68832
Nov 17: 70574
Title: Re: Race from 10 to 100k!!
Post by: repman on November 10, 2017, 02:24:02 AM
Hello Everybody,

I'm new to the Forum but i will start my journey to FI here

Nov\2017     65000€


Next Milestone 100000€ in 12\2019
Title: Re: Race from 10 to 100k!!
Post by: Trifle on November 10, 2017, 03:25:12 AM
Hello Everybody,

I'm new to the Forum but i will start my journey to FI here

Nov\2017     65000€


Next Milestone 100000€ in 12\2019

Welcome Repman!  You'll find lots of support among the folks here. 
Title: Re: Race from 10 to 100k!!
Post by: katthjul on November 15, 2017, 12:26:32 PM
EOY 2014: €0
EOY 2015: €16,728
EOY 2016: €41,467
Jan 2017: €42,037
Feb 2017: €45,956
Mar 2017: €48,399
Apr 2017: €48,580
May 2017: €48,527
Jun 2017: €47,553
Jul 2017:  €46,952
Aug 2017: €51,030
Sep 2017: €55,257
Okt 2017: €60,679

Forgot to post last month's result. Feels strange that it took 8 months for 40k to 50k, but only 2 months for 50k to 60k.
Title: Re: Race from 10 to 100k!!
Post by: Slow&Steady on November 16, 2017, 02:37:19 PM

                    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
 Apr 2017:   $78,946      $1026     $79,972
  5/24/17:    $80,007     $1040      $81,047
  6/05/17:    $82,048     $1057      $83,105
  7/21/17:    $84,508     $1075      $85,583
  8/02/17:    $85,737     $1075      $86,812
  9/01/17:    $86,830     $1079      $87,909
10/02/17:    $89,275     $1100      $90,375
11/03/17:    $91,994     $1124      $93,118

I had a goal of $90k in the 401k by the end of the year, I made it!!  There should be a pretty decent dividends increase in Dec, not sure if I will be able to hit $95k in the 401k alone before the end of the year but it seems pretty likely in the combination of the 401k and IRA. 

It would be really cool to graduate from this before baby #2 comes in March!

I was reading some of the other "Race from" threads and decided that although I don't do true NW but it would be nice to look back and see it so I figured I would add it!  I am staying in this thread because the "Invested Total" is the column that I am tracking.

              401K             IRA         Invested Total      Home Value    Rental Value   Debt              Total NW
Dec-13      $43,660       $0               $43,660       $120,000       $120,000       $232,000       $51,660
Dec-14      $52,943       $0               $52,943       $125,000       $125,000       $227,000       $75,943
Dec-15      $55,622       $0               $55,622       $130,000       $130,000       $227,000       $88,622
Dec-16      $68,870       $700       $69,570       $200,000       $130,000       $281,000       $118,570
Feb-17      $74,784       $700       $75,484       $200,000       $135,000       $281,000       $129,484
Apr-17      $78,946       $1,026       $79,972       $200,000       $135,000       $281,000       $133,972
May-17      $80,007       $1,040       $81,047       $240,000       $135,000       $281,000       $175,047
Jun-17      $82,048       $1,057       $83,105       $240,000       $135,000       $306,000       $152,105
Jul-17      $84,508       $1,075       $85,583       $240,000       $135,000       $306,000       $154,583
Aug-17      $85,737       $1,075       $86,812       $240,000       $135,000       $306,000       $155,812
Sep-17      $86,830       $1,079       $87,909       $240,000       $135,000       $319,000       $143,909
Oct-17      $89,275       $1,100       $90,375       $240,000       $135,000       $319,000       $146,375
Nov-17      $91,994       $1,124       $93,118       $240,000       $135,000       $317,000       $151,118

ETA: Those all looked like the would line up awesome when I put them in, somebody might have to show me how to paste a table in here.
Title: Re: Race from 10 to 100k!!
Post by: JLee on November 16, 2017, 06:02:35 PM

                    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
 Apr 2017:   $78,946      $1026     $79,972
  5/24/17:    $80,007     $1040      $81,047
  6/05/17:    $82,048     $1057      $83,105
  7/21/17:    $84,508     $1075      $85,583
  8/02/17:    $85,737     $1075      $86,812
  9/01/17:    $86,830     $1079      $87,909
10/02/17:    $89,275     $1100      $90,375
11/03/17:    $91,994     $1124      $93,118

I had a goal of $90k in the 401k by the end of the year, I made it!!  There should be a pretty decent dividends increase in Dec, not sure if I will be able to hit $95k in the 401k alone before the end of the year but it seems pretty likely in the combination of the 401k and IRA. 

It would be really cool to graduate from this before baby #2 comes in March!

I was reading some of the other "Race from" threads and decided that although I don't do true NW but it would be nice to look back and see it so I figured I would add it!  I am staying in this thread because the "Invested Total" is the column that I am tracking.

              401K             IRA         Invested Total      Home Value    Rental Value   Debt              Total NW
Dec-13      $43,660       $0               $43,660       $120,000       $120,000       $232,000       $51,660
Dec-14      $52,943       $0               $52,943       $125,000       $125,000       $227,000       $75,943
Dec-15      $55,622       $0               $55,622       $130,000       $130,000       $227,000       $88,622
Dec-16      $68,870       $700       $69,570       $200,000       $130,000       $281,000       $118,570
Feb-17      $74,784       $700       $75,484       $200,000       $135,000       $281,000       $129,484
Apr-17      $78,946       $1,026       $79,972       $200,000       $135,000       $281,000       $133,972
May-17      $80,007       $1,040       $81,047       $240,000       $135,000       $281,000       $175,047
Jun-17      $82,048       $1,057       $83,105       $240,000       $135,000       $306,000       $152,105
Jul-17      $84,508       $1,075       $85,583       $240,000       $135,000       $306,000       $154,583
Aug-17      $85,737       $1,075       $86,812       $240,000       $135,000       $306,000       $155,812
Sep-17      $86,830       $1,079       $87,909       $240,000       $135,000       $319,000       $143,909
Oct-17      $89,275       $1,100       $90,375       $240,000       $135,000       $319,000       $146,375
Nov-17      $91,994       $1,124       $93,118       $240,000       $135,000       $317,000       $151,118

ETA: Those all looked like the would line up awesome when I put them in, somebody might have to show me how to paste a table in here.

I use the [ code ] tags:

Code: [Select]
        401K        IRA Invested Total Home Value Rental Value Debt         Total NW
Dec-13 $43,660 $0         $43,660 $120,000 $120,000 $232,000 $51,660
Dec-14 $52,943 $0         $52,943 $125,000 $125,000 $227,000 $75,943
Dec-15 $55,622 $0         $55,622 $130,000 $130,000 $227,000 $88,622
Dec-16 $68,870 $700 $69,570 $200,000 $130,000 $281,000 $118,570
Feb-17 $74,784 $700 $75,484 $200,000 $135,000 $281,000 $129,484
Apr-17 $78,946 $1,026 $79,972 $200,000 $135,000 $281,000 $133,972
May-17 $80,007 $1,040 $81,047 $240,000 $135,000 $281,000 $175,047
Jun-17 $82,048 $1,057 $83,105 $240,000 $135,000 $306,000 $152,105
Jul-17 $84,508 $1,075 $85,583 $240,000 $135,000 $306,000 $154,583
Aug-17 $85,737 $1,075 $86,812 $240,000 $135,000 $306,000 $155,812
Sep-17 $86,830 $1,079 $87,909 $240,000 $135,000 $319,000 $143,909
Oct-17 $89,275 $1,100 $90,375 $240,000 $135,000 $319,000 $146,375
Nov-17 $91,994 $1,124 $93,118 $240,000 $135,000 $317,000 $151,118

With proper tab usage, it works great.
Title: Re: Race from 10 to 100k!!
Post by: NevermindScrooge on November 17, 2017, 08:21:36 AM
Hi Everyone!

I just passed the 10k mark and I could use some motivation to keep going :)

About me: I'm 33 years old, have a stable but stressful job and discovered MMM this summer. By now I have reduced spending and increased savings, which was quite exciting. Now that I'm set up for the long wait, I'm looking around blinking in the bright mustachian light "...and now?". I'm not very patient ^^

No kids, no pets, and we're renting but we are looking to buy a house in the next year. So next year I will leave you guys for the x to 10K race I guess! Below my numbers, savings and investments only:

July 2017:            € 7.208 <--- Discovered MMM (and many other great bloggers!)
August 2017:        € 8.918
September 2017:  € 9.480
October 2017:     € 10.225
November 2017:  € 10.906/ $ 12.855

[edit: forgot to mention the currency and added conversion to dollars]
Title: Re: Race from 10 to 100k!!
Post by: MEJG on November 21, 2017, 10:15:57 AM
unexpected windfall and an unexpected inheritance:

1/31/17: -14,738  (-1,790)
2/29/17: -8,482  (+6,256)
3/31/17: -3,510 (+4,972)
4/30/17: 7,386 (+10,896)
5/31/17: 12,338.55 (+4,953)
6/30/17: 16,864 (+4,526)
7/31/17: 28,092.96 (+11229.14)
8/31/17: 11927.63 (-16,102.33)
9/30/17: 10,855.00 (-1072.63)
10/31/17:  115,192.30 (+104,337.30)
11/30/17:
12/31/17:
2017 calculated YOY: +128,140.53 on 10/31/2017
Title: Re: Race from 10 to 100k!!
Post by: paulkots on November 26, 2017, 10:21:59 AM
Joining so I can track myself. Amount will jump around because of quarterly tax prepayments.

11/26/17: $47,707.48
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on November 27, 2017, 12:57:27 PM
Oct 2017 EUR 13400,-
Nov 2017 EUR 13900,- (+500)
Title: Re: Race from 10 to 100k!!
Post by: Trifle on November 28, 2017, 03:13:46 AM
unexpected windfall and an unexpected inheritance:

1/31/17: -14,738  (-1,790)
2/29/17: -8,482  (+6,256)
3/31/17: -3,510 (+4,972)
4/30/17: 7,386 (+10,896)
5/31/17: 12,338.55 (+4,953)
6/30/17: 16,864 (+4,526)
7/31/17: 28,092.96 (+11229.14)
8/31/17: 11927.63 (-16,102.33)
9/30/17: 10,855.00 (-1072.63)
10/31/17:  115,192.30 (+104,337.30)
11/30/17:
12/31/17:
2017 calculated YOY: +128,140.53 on 10/31/2017

Wow, MEJG, congratulations on the huge leap forward!  Though it sounds like you had a death in your family, and I am sorry for your loss.  I've not gotten one, but these posthumous gifts from loved ones are huge.  They can push us forward years on the FIRE pathway, giving us the gift of time and peace of mind.       
Title: Re: Race from 10 to 100k!!
Post by: MEJG on November 28, 2017, 08:45:20 AM

Wow, MEJG, congratulations on the huge leap forward!  Though it sounds like you had a death in your family, and I am sorry for your loss.  I've not gotten one, but these posthumous gifts from loved ones are huge.  They can push us forward years on the FIRE pathway, giving us the gift of time and peace of mind.     

Thanks!
One death, and one very generous “pre-inheritance” structured in such a way as to wipe out all but $16,000 of my student loans.  It effectively frees up 800/month. And puts us squarely into the stache builing rather than debt paying territory.
It’s pretty amazing to look at the numbers! But also doesn’t change much day to day.  Five years ago my student loans being gone was so insurmountable and in creating a plan and following it now the steady climb was made inevitable (barring disaster of course). We’re deeply greatful for the gifts! It’s interesting how perspective has changed along this road.

Looking forward to MORE tax advantaged investments than debt repayment in 2019!
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on November 29, 2017, 09:21:55 AM
Hi everyone!  I'm so excited to be able to post in this thread after graduating from the race to $10k.  That said, I'm settling in here for the long haul because I know reaching $100k is going to take me a looonngggg time.  So I'll get a pot of coffee going and make myself at home.  Right now I'm still building up my emergency fund, while putting 10% into my 401k.  Hoping to have the e-fund done by the end of 2018, then start saving for a house while bumping up the 401k too.   I have a paid off car not included in my net worth (2012 Honda Civic that I hope to drive f-o-r-e-v-e-r), student loans are gone (paid in full in late 2016), and zero debt.  I'm 34 and feeling very behind at this adult thing, but I'm doing my best to catch up now. 

November 2017 - $10,267
Title: Re: Race from 10 to 100k!!
Post by: dreadmoose on November 29, 2017, 12:44:10 PM
Hi everyone!  I'm so excited to be able to post in this thread after graduating from the race to $10k.  That said, I'm settling in here for the long haul because I know reaching $100k is going to take me a looonngggg time.  So I'll get a pot of coffee going and make myself at home.  Right now I'm still building up my emergency fund, while putting 10% into my 401k.  Hoping to have the e-fund done by the end of 2018, then start saving for a house while bumping up the 401k too.   I have a paid off car not included in my net worth (2012 Honda Civic that I hope to drive f-o-r-e-v-e-r), student loans are gone (paid in full in late 2016), and zero debt.  I'm 34 and feeling very behind at this adult thing, but I'm doing my best to catch up now. 

November 2017 - $10,267

Welcome! Behind on this forum is still way ahead in real life, congrats!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on November 29, 2017, 01:23:37 PM
Hi everyone!  I'm so excited to be able to post in this thread after graduating from the race to $10k.  That said, I'm settling in here for the long haul because I know reaching $100k is going to take me a looonngggg time.  So I'll get a pot of coffee going and make myself at home.  Right now I'm still building up my emergency fund, while putting 10% into my 401k.  Hoping to have the e-fund done by the end of 2018, then start saving for a house while bumping up the 401k too.   I have a paid off car not included in my net worth (2012 Honda Civic that I hope to drive f-o-r-e-v-e-r), student loans are gone (paid in full in late 2016), and zero debt.  I'm 34 and feeling very behind at this adult thing, but I'm doing my best to catch up now. 

November 2017 - $10,267

Hey MSquared
Nice to see you, and welcome aboard!
Title: Re: Race from 10 to 100k!!
Post by: akzidenz on November 30, 2017, 02:54:15 PM
My net worth finally crossed $100,000! Here's my progression according to Personal Capital:

January 1$45,372
March 1$65,063+$19,691(company bonus in February)
June 1$78,821+$13,758
August 1$76,010–$2,811(the end of an extremely spendy summer and some investment dips, I think)
October 1$92,860+$16,850(got a 20% raise in September)
December 1$104,856+$11,996

I saved $47,250 in total…so it looks like I might just be able to hit another gauntlet goal to save $50k in 2017 (https://forum.mrmoneymustache.com/throw-down-the-gauntlet/save-100k(couple)-or-50k(single)-in-2017/).

I'm excited to move on to the next gauntlet thread!
Title: Re: Race from 10 to 100k!!
Post by: twistedfirestarter on November 30, 2017, 07:55:24 PM
April '17 £1,250
May '17 £2,515
June '17 £3,841
July '17 £6,774 / $8,705
August '17 £8,916 / $11,597 !
September '17 £10,812
October '17 £14,169
November '17 £16,320 / $21,449 !
I've decided to make some changes to my strategy after reading the 4 pot saving method http://the7circles.uk/savings-rate-four-pot-solution/
from 7 Circles (UK centric) which focuses on staggering your investments to fill gaps before you can access personal pension, company pension and state pension.

Now I'm putting much more into my pension and less into my ISA (accessible savings), this is much more tax efficient but also reduces my national insurance and student loan contributions. Salary sacrifice pension up by £1170 but take home pay only reduced by £600 :-)

This means I am now going to report my accessable (ISA) and pension pot (SIPP) here which will provide a boost to my numbers.

ISA £17,576 - $23,650
SIPP £29,162 -$39,242

Total £46,738 - $62,892
Title: Re: Race from 10 to 100k!!
Post by: Trifle on December 01, 2017, 03:40:29 AM
My net worth finally crossed $100,000! Here's my progression according to Personal Capital:

January 1$45,372
March 1$65,063+$19,691(company bonus in February)
June 1$78,821+$13,758
August 1$76,010–$2,811(the end of an extremely spendy summer and some investment dips, I think)
October 1$92,860+$16,850(got a 20% raise in September)
December 1$104,856+$11,996

I saved $47,250 in total…so it looks like I might just be able to hit another gauntlet goal to save $50k in 2017 (https://forum.mrmoneymustache.com/throw-down-the-gauntlet/save-100k(couple)-or-50k(single)-in-2017/).

I'm excited to move on to the next gauntlet thread!

Congrats!!!!  Well done! 
Title: Re: Race from 10 to 100k!!
Post by: without_a_map on December 01, 2017, 06:34:48 AM
I'm in! I was waiting for the month end to get my numbers together. I'm in the UK so working towards £100k.

1 Dec 2017 - £16,900

Currently adding approximately £800 per month to the stash, I'm very jealous of everyone that can add thousands each month! My take home salary is quite low (~£20k/year), but I'm living rent free with family at the moment so living expenses are low too, meaning my savings rate is around 50% of my take home pay.

I'm not counting my pension in my networth as it is a superannuation scheme so too complicated to include, plus who knows what the UK retirement age will be for me, currently have to be 68 years old to claim!

No assets to include in that number (no house, car), so just cash/investments in index funds.

Ok I just depressed myself and worked out it will take about 8.5 years to get to 100k at my current rate of saving :(
Title: Re: Race from 10 to 100k!!
Post by: mustache you a question on December 01, 2017, 06:51:48 AM
01/17 - 9,926
02/17 - 15,869
03/17 - 21,618
04/17 - 22,738
05/17 - 29,255
06/17 - 30,880
07/17 - 40,255
08/17 - 44,722
09/17 - 48,025
10/17 - 62,340
11/17 - 67,770
12/17 - 83,785

Interesting month...received an inheritance of a few thousand dollars that was put into savings and then our home value jumped another 5k according to the mortgage company.  Assets of 261,948 and liabilities of 178,163.

A question for all of you, how do you track your home value (if you include it in NW)?  The most accurate way I know how to is just to follow what the value is according to Quiken Loans, it's consistent but might not be the most accurate.  Does anyone have any advice there?
Title: Re: Race from 10 to 100k!!
Post by: Epor on December 01, 2017, 07:19:06 AM
Code: [Select]

                Total           Saved           Market G/L
04/01/17 68457.00 1190.50 103.50
05/01/17 70223.00 921.10  844.90
06/01/17 73782.00 2941.60 617.40
07/01/17 76009.00 1559.60 667.40
08/01/17 78615.00 1271.20 1334.80
09/01/17 79916.00 1271.20 29.80
10/01/17 85194.00 3271.20 2006.80
11/01/17 87497.00 1271.20 1031.80
12/01/17 90639.00 1271.20 1870.80


So close...
Title: Re: Race from 10 to 100k!!
Post by: vertkurt on December 01, 2017, 10:29:18 AM
10/10/17
Roth VTSMX currently $8995.
TSP $0.
11/1/17
rIRA= $10,095
TSP= $121

12/1
rIRA= 10,300
TSP= 1,483
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on December 01, 2017, 10:34:19 AM
I'm in! I was waiting for the month end to get my numbers together. I'm in the UK so working towards £100k.

1 Dec 2017 - £16,900

Currently adding approximately £800 per month to the stash, I'm very jealous of everyone that can add thousands each month!

Ok I just depressed myself and worked out it will take about 8.5 years to get to 100k at my current rate of saving :(

Don't feel too badly, I'm in about your same situation!  I can only save about $850/month too right now.  But your life (and my life!) won't be the same in 8.5 years.  I have hopes that we'll both be able to save more in the future!  100k will come sooner than we think. 
Title: Re: Race from 10 to 100k!!
Post by: anadyne on December 01, 2017, 11:31:46 AM
I'm also in the lower end of the savings camp here! I'm creeping my savings up now but have had some super big medical bills lately so they've eaten in to the maxing of retirement funds I'd been doing. My goal is to just slowly inch up the % contribution from my paycheck to my 403b again until it hurts. Every % will help!

I'm categorizing my net worth differently than I was before, so I'm going to abandon what I posted before on this thread and now since joining, my numbers look thusly...


Oct 2017   $54,722.60
Nov 2017  $56,146.72 [+1424.12]
Dec 2017  $59,041.97 [+2895.25]

I keep reading that the first $100K is the hardest, the second goes faster. Here's hoping!
Title: Re: Race from 10 to 100k!!
Post by: ingrownstudentloans on December 01, 2017, 12:19:54 PM
6/1/2017   $44,119
7/1/2017   $46,553
8/1/2017   $48,477
9/1/2017   $51,618
10/1/2017 $55,740
11/1/2017  $60,079 (will slow down through EOY as 401K is now maxed)
12/1/2017 $62,686.85
Title: Re: Race from 10 to 100k!!
Post by: LurkerStache on December 01, 2017, 12:25:04 PM
Sep 2016: 51598.42
Oct 2016: 54210.76
Nov 2016: 57821.07
Dec 2016: 59471.44
Jan 2017: 63,813.13
Feb 2017: 66,722.32
Mar 2017: 70,782.46
Apr 2017: 73,027.41
May 2017: 76,803.28
Jun 2017: 78,061.77
Jul 2017: 81,104.24
Aug 2017: 84,125.91
Sep 2017: 88,561.32
Oct 2017: 92,457.44
Nov 2017: 98,335.44

Looks like I may be able to graduate next month! Fingers crossed!!
Title: Re: Race from 10 to 100k!!
Post by: vertkurt on December 01, 2017, 01:09:19 PM

Looks like I may be able to graduate next month! Fingers crossed!!

Yeah i agree, your average save per month is 3,338. I think you made it for new years. Congrats!
Title: Re: Race from 10 to 100k!!
Post by: dreadmoose on December 01, 2017, 03:50:43 PM
   Jul 1, 2016      -$19,048.00    
   Aug 1, 2016      -$18,739.00    
   Sep 1, 2016       $9,463.00    
   Oct 1, 2016      -$25,832.00    
   Nov 1, 2016      -$25,621.00    
   Dec 1, 2016      -$25,405.00    
   Jan 1, 2017      -$25,189.00    
   Feb 1, 2017      -$24,977.00    
   Mar 1, 2017      -$21,759.00    
   Apr 1, 2017      -$15,838.00    
   May 1, 2017       $7,477.00    
   Jun 1, 2017       $16,623.25    
   Jul 1, 2017       $27,638.49    
   Aug 1, 2017       $39,025.21    
   Sep 1, 2017       $49,626.13    
   Oct 1, 2017       $59,438.41    
   Nov 1, 2017       $71,949.94    
   Dec 1, 2017       $82,267.23     (+10,317)

A good month for gains, next month I will slide a ton of unpaid overtime into my account after I confirm business taxes so I should graduate on Dec 29 with a decent margin for lost gains.
Title: Re: Race from 10 to 100k!!
Post by: ardrum on December 01, 2017, 05:25:33 PM
1/1/17   $31,938
2/1/17   $36,861
3/1/17   $43,690
4/1/17   $46,035
5/1/17   $49,860
6/1/17   $53,551
7/1/17   $59,289
8/1/17   $64,996
9/1/17   $68,439
10/1/17   $73,881
11/1/17   $79,385
12/1/17   $84,711

The theme for this year has been steady progress.  I can only hope to match  the focus and consistency I've managed grinding out this year.  I'm feeling more and more motivation to get to that 6 figures.  Right now I want to see that $90,000 extremely badly!
Title: Re: Race from 10 to 100k!!
Post by: JuicyCrab on December 01, 2017, 11:49:06 PM
Jun-16    $ 2,906
Jul-16    $ 14,768
Aug-16    $ 15,777
Sep-16    $ 20,413
Oct-16    $ 17,007
Nov-16    $ 18,000
Dec-16    $ 21,231
Jan-17    $ 24,364
Feb-17    $ 26,984
Mar-17    $ 39,100
Apr-17    $ 45,000
May-17    $ 51,839
Jun-17    $ 57,905
Jul-17    $ 62,258
Aug-17    $ 72,784
Sep-17    $ 76,429
Oct-17    $ 82,650
Nov-17    $ 79,200 Had to liquidate and loan 10k cash to business, bit of a setback but still on target!
Title: Re: Race from 10 to 100k!!
Post by: katthjul on December 02, 2017, 02:52:43 AM
EOY 2014: €0
EOY 2015: €16,728
EOY 2016: €41,467
Jan 2017: €42,037
Feb 2017: €45,956
Mar 2017: €48,399
Apr 2017: €48,580
May 2017: €48,527
Jun 2017: €47,553
Jul 2017:  €46,952
Aug 2017: €51,030
Sep 2017: €55,257
Oct 2017: €60,679
Nov 2017: €62,449
My savings made up most of the increase this month. Found out that the Ireland-based Vanguard ETFs are available on XETRA (German stock exchange) as of last month. Which means I can once again buy my favorite ETF, although on a different stock exchange.
Title: Re: Race from 10 to 100k!!
Post by: junga on December 02, 2017, 09:25:03 AM
My progress since April 2014.

April, 2014             : -$9,000
October, 2014        : $1500
December, 2015     : $20,000
December, 2016     : $48,000
September 1, 2017 : $82,000
October 1, 2017      : $87,996
November 1, 2017  : $90,085
December 1, 2017   :$94,182
Title: Re: Race from 10 to 100k!!
Post by: LurkerStache on December 02, 2017, 12:54:20 PM

Looks like I may be able to graduate next month! Fingers crossed!!

Yeah i agree, your average save per month is 3,338. I think you made it for new years. Congrats!

Thanks! I will be going on a vacation closer to new years. Hopefully it set me back too much.
Title: Re: Race from 10 to 100k!!
Post by: anadyne on December 03, 2017, 05:39:50 AM
So many people teetering on the edge, super inspirational!
Title: Re: Race from 10 to 100k!!
Post by: NevermindScrooge on December 03, 2017, 08:05:19 AM
I'm in! I was waiting for the month end to get my numbers together. I'm in the UK so working towards £100k.

1 Dec 2017 - £16,900

Currently adding approximately £800 per month to the stash, I'm very jealous of everyone that can add thousands each month!

Ok I just depressed myself and worked out it will take about 8.5 years to get to 100k at my current rate of saving :(

Don't feel too badly, I'm in about your same situation!  I can only save about $850/month too right now.  But your life (and my life!) won't be the same in 8.5 years.  I have hopes that we'll both be able to save more in the future!  100k will come sooner than we think.

I also can save about €850 in a good month, but I have to admit I'm pretty happy with that. Maybe because I'm a newbie :-)
More seriously though, since discovering MMM I have been trying to figure out what a typical Dutch family would save and how much in debt they are, just to get my bearings on where I stand. It's not easy to find the numbers but from what I read and hear from colleagues, we (SO and I) are doing extremely well. So yes, saving like crazy to obtain 100k includes a long wait but we are still So Much Better Off than most people. I truly feel privileged and I'm trying to figure out a way of giving some of my luck back to our community. If any of you has tips or ideas I would love to hear!

For all of the super-savers, but a bit more for the smaller-savers like us: You can do it! :-)
Title: Re: Race from 10 to 100k!!
Post by: without_a_map on December 04, 2017, 05:42:19 AM
I'm in! I was waiting for the month end to get my numbers together. I'm in the UK so working towards £100k.

1 Dec 2017 - £16,900

Currently adding approximately £800 per month to the stash, I'm very jealous of everyone that can add thousands each month!

Ok I just depressed myself and worked out it will take about 8.5 years to get to 100k at my current rate of saving :(

Don't feel too badly, I'm in about your same situation!  I can only save about $850/month too right now.  But your life (and my life!) won't be the same in 8.5 years.  I have hopes that we'll both be able to save more in the future!  100k will come sooner than we think.

Thanks! I hope you are right, good luck to you, we'll get there eventually!
Title: Re: Race from 10 to 100k!!
Post by: without_a_map on December 04, 2017, 05:48:53 AM
I'm in! I was waiting for the month end to get my numbers together. I'm in the UK so working towards £100k.

1 Dec 2017 - £16,900

Currently adding approximately £800 per month to the stash, I'm very jealous of everyone that can add thousands each month!

Ok I just depressed myself and worked out it will take about 8.5 years to get to 100k at my current rate of saving :(

Don't feel too badly, I'm in about your same situation!  I can only save about $850/month too right now.  But your life (and my life!) won't be the same in 8.5 years.  I have hopes that we'll both be able to save more in the future!  100k will come sooner than we think.

I also can save about €850 in a good month, but I have to admit I'm pretty happy with that. Maybe because I'm a newbie :-)
More seriously though, since discovering MMM I have been trying to figure out what a typical Dutch family would save and how much in debt they are, just to get my bearings on where I stand. It's not easy to find the numbers but from what I read and hear from colleagues, we (SO and I) are doing extremely well. So yes, saving like crazy to obtain 100k includes a long wait but we are still So Much Better Off than most people. I truly feel privileged and I'm trying to figure out a way of giving some of my luck back to our community. If any of you has tips or ideas I would love to hear!

For all of the super-savers, but a bit more for the smaller-savers like us: You can do it! :-)

Good point, I know I am doing a lot better than my work colleagues that can barely make it payday to payday! I do feel lucky that I discovered MMM before I started earning big, because it will be easier to just avoid lifestyle inflation than it must be having to cut back if you have already had several years of spending all or most of a big salary.
Title: Re: Race from 10 to 100k!!
Post by: Slow&Steady on December 04, 2017, 08:58:03 AM
Code: [Select]
        401K        IRA Invested Total Home Value Rental Value Debt         Total NW
Dec-13 $43,660 $0         $43,660 $120,000 $120,000 $232,000 $51,660
Dec-14 $52,943 $0         $52,943 $125,000 $125,000 $227,000 $75,943
Dec-15 $55,622 $0         $55,622 $130,000 $130,000 $227,000 $88,622
Dec-16 $68,870 $700 $69,570 $200,000 $130,000 $281,000 $118,570
Feb-17 $74,784 $700 $75,484 $200,000 $135,000 $281,000 $129,484
Apr-17 $78,946 $1,026 $79,972 $200,000 $135,000 $281,000 $133,972
May-17 $80,007 $1,040 $81,047 $240,000 $135,000 $281,000 $175,047
Jun-17 $82,048 $1,057 $83,105 $240,000 $135,000 $306,000 $152,105
Jul-17 $84,508 $1,075 $85,583 $240,000 $135,000 $306,000 $154,583
Aug-17 $85,737 $1,075 $86,812 $240,000 $135,000 $306,000 $155,812
Sep-17 $86,830 $1,079 $87,909 $240,000 $135,000 $319,000 $143,909
Oct-17 $89,275 $1,100 $90,375 $240,000 $135,000 $319,000 $146,375
Nov-17 $91,994 $1,124 $93,118 $240,000 $135,000 $317,000 $151,118
Dec-17 $94,085 $1,124 $95,209 $240,000 $135,000 $317,000 $153,209

I had a goal of $90k in the 401k by the end of the year, I made it!!  There should be a pretty decent dividends increase in Dec, not sure if I will be able to hit $95k in the 401k alone before the end of the year but it seems pretty likely in the combination of the 401k and IRA I might even hit $95k in the 401k alone before the end of year.  It would be really cool to graduate from this before baby #2 comes in March!

I was reading some of the other "Race from" threads and decided that although I don't count true NW it would be nice to look back and see it so I figured I would add it!  I am staying in this thread because the "Invested Total" is the column that I am tracking.
Title: Re: Race from 10 to 100k!!
Post by: martyconlonontherun on December 04, 2017, 01:00:59 PM
I'm crashing two threads and this will be my joint account. I like my personal one since it's easier to motivate myself then my wife, but it still nice seeing the change in combined NW/Investments which is what matters.

29dh/29dw
Combined 120k income
Midwest City

09/01/2017: $65k Investments/$59k Net Worth
10/01/2017: $68.3k Investments/$65.6k Net Worth
10/27/2017: $72k Investments/$70.5k Net Worth
Original Goal: graduate this thread by March.
12/4/2017: $76.5k Investments/$81.9k Net Worth
Title: Re: Race from 10 to 100k!!
Post by: dutty on December 04, 2017, 03:55:50 PM
Low earnings and high spending (vacation) means I am way off my monthly target. But, it's just another bump along the road maan.

05/17 | £1020
06/17 | £470      (-£550 ~    -50%)
07/17 |  £1,590   (+£1120 ~ +340%)
08/17 |  £2,080   (+£490   ~ +30%)
09/17 |  £7,250   (+£5170 ~ +350%)
10/17 |£12,000   (+£4750 ~ +65%)
11/17 |£12,360 (+£360 ~ +3%)
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on December 04, 2017, 06:29:04 PM
Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

I'm looking forward to following everyone's progress. Good luck to us all!

Missed a month, but my net worth as of Nov 30th is $18,617.
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on December 05, 2017, 12:11:56 PM
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
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
May 17: 46766
Jun 17: 49646
Jul 17: 52567
Aug 17: 54267
Sep 17: 54565
Oct 17: 68832
Nov 17: 70574

Dec 17: 72864
Title: Re: Race from 10 to 100k!!
Post by: snoot on December 06, 2017, 08:20:29 AM
Hi everyone!

I've been reading MMM and the forums for awhile, but have never posted. I've really enjoyed following everyone's progress on this thread and I'd like to join to keep me motivated and track my progress. I'll be tracking invested money, which for right now is in a 403b and Roth.
 
                            403b             Roth             Total
December 2017     21,066.48     44,192.03     62,258.51
Title: Re: Race from 10 to 100k!!
Post by: arob54600 on December 06, 2017, 09:22:52 AM
Checking in my IRAs for December

November- 41195
December- 42526

It’s a good start.
Title: Re: Race from 10 to 100k!!
Post by: MoneyMouse on December 06, 2017, 04:10:08 PM
Oh, I can join this!

I've not yet started investing, but I've begun moving things around to start up my RRSP and an investing TFSA. I'll look forward to updating this as I grow my 'stache.

RRSPTFSA
Dec '175,5005,500

Total: $11,000
Title: Re: Race from 10 to 100k!!
Post by: Trifle on December 07, 2017, 04:31:29 AM
Welcome Kaders and MoneyMouse!!
Title: Re: Race from 10 to 100k!!
Post by: andy85 on December 07, 2017, 07:06:48 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
Mar 17   $71,221
Apr 17   $73,018
May 17   $71,772
Jun 17   $69,832
Jul 17   $72,166
Aug 17   $73,360
Sep 17   $76,497
Oct 17   $77,675
Nov 17   $80,642
Title: Re: Race from 10 to 100k!!
Post by: snoot on December 07, 2017, 04:03:33 PM
Welcome Kaders and MoneyMouse!!

Thanks!
Title: Re: Race from 10 to 100k!!
Post by: littlelykke on December 10, 2017, 03:03:59 AM
I'm in! I was waiting for the month end to get my numbers together. I'm in the UK so working towards £100k.

1 Dec 2017 - £16,900

Currently adding approximately £800 per month to the stash, I'm very jealous of everyone that can add thousands each month!

Ok I just depressed myself and worked out it will take about 8.5 years to get to 100k at my current rate of saving :(

Don't feel too badly, I'm in about your same situation!  I can only save about $850/month too right now.  But your life (and my life!) won't be the same in 8.5 years.  I have hopes that we'll both be able to save more in the future!  100k will come sooner than we think.

I also can save about €850 in a good month, but I have to admit I'm pretty happy with that. Maybe because I'm a newbie :-)
More seriously though, since discovering MMM I have been trying to figure out what a typical Dutch family would save and how much in debt they are, just to get my bearings on where I stand. It's not easy to find the numbers but from what I read and hear from colleagues, we (SO and I) are doing extremely well. So yes, saving like crazy to obtain 100k includes a long wait but we are still So Much Better Off than most people. I truly feel privileged and I'm trying to figure out a way of giving some of my luck back to our community. If any of you has tips or ideas I would love to hear!

For all of the super-savers, but a bit more for the smaller-savers like us: You can do it! :-)

Another Dutchie here :) We, as well, are certainly not able to save thousands and thousands of euros each month. But we'll do our best and are doing (like you said) extremely well, when compared to the 'average' Dutchie.

On another note. Just found out, that our net worth is 22.000 euros :) Yeay! Time to slowly climb towards that 100,000.
At this rate we'll be there in July 2024.
Title: Re: Race from 10 to 100k!!
Post by: adamsputnik on December 10, 2017, 03:06:12 PM
First time poster. Reckon I fit in this thread pretty well.

Savings/investments: $30,442

Cc debt (0% apr) - $3,411
Student loans (7.9% apr) - $8,856

Total - $18,175

Currently looking to build up a 3-6 month emergency fund and then kill the remaining debt.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on December 10, 2017, 04:40:49 PM
Welcome aboard AdamSputnik! Way to focus on killing the debt. 

Interesting that this thread (and the "Save to $10k" thread) have a lot of first time posters.  Excellent place to start out.  Building that first $100k is the hardest part.  It's a tough slog for many, but that journey -- however long that may take -- forms the foundation for all that follows.  Self accountability and companionship definitely help!  Onward, friends.  :)
Title: Re: Race from 10 to 100k!!
Post by: JuicyCrab on December 11, 2017, 05:17:45 AM
How hard is the first $100k compared to say the first $250k, and then the first $500k, etc?

I'm finding it pretty hard to be honest but hoping it gets easier hitting the bigger numbers with time and compounding...
Title: Re: Race from 10 to 100k!!
Post by: repman on December 11, 2017, 12:50:33 PM
Nov 2017     65.000€
Dez 2017     69.000€  a frugal month and a christmas paycheck !

Next Milestone 100.000€ in 02 2019
Title: Re: Race from 10 to 100k!!
Post by: Trifle on December 11, 2017, 12:57:59 PM
How hard is the first $100k compared to say the first $250k, and then the first $500k, etc?

I'm finding it pretty hard to be honest but hoping it gets easier hitting the bigger numbers with time and compounding...

The first $100k was by far the hardest part for me.  If you can get through that first heavy lift, it goes faster and easier after that.  You just have to have faith and keep going.  This stuff is real, and you've got this, JuicyCrab.  You can do it!
Title: Re: Race from 10 to 100k!!
Post by: Svoboda on December 13, 2017, 02:57:38 AM
Might as well join the race :) 100k seems so far away.

Savings/investments:

Jan 17: 14,616 (found MMM)
Dec 17: 37,449
.
.
.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on December 13, 2017, 03:05:20 AM
Welcome Svoboda!  It won't be that long.  You're doing great, and life happens in the meantime.  :)
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on December 13, 2017, 04:58:40 AM
Welcome Svoboda!  It won't be that long.  You're doing great, and life happens in the meantime.  :)

Trifele, it's great to see you being so welcoming and supportive to everyone on this thread! I'd like to join you in saying to everyone: well done and keep going!!
Title: Re: Race from 10 to 100k!!
Post by: NevermindScrooge on December 14, 2017, 02:08:09 PM

Below my numbers, savings and investments only:

July 2017:            € 7.208 <--- Discovered MMM
August 2017:        € 8.918
September 2017:  € 9.480
October 2017:     € 10.225
November 2017:  € 10.906
December 2017: €16.738 /$19,728 (+ €5.832) - frugal month and a generous gift!


Title: Re: Race from 10 to 100k!!
Post by: ardrum on December 15, 2017, 05:32:46 PM
Great progress being demonstrated in here!  I just love the "race" threads (I look at all of them, big and small).  It's just motivating to see so many people continuously tracking and progressing through different challenges.  I'm hoping to graduate from this one before spring hits.  I'll officially update at the start of the month, but there's a small chance I could hit an even $90k NW by new years, which I'd be thrilled to see. 
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on December 16, 2017, 11:52:12 PM
I started tracking spending a few years ago, but only started tracking net worth 5 months ago.  So far I've averaged $637 gain/week over the last 19 weeks taking me from $50.5k to $62.6k in that time.  I'm joining the race! And setting myself a goal to hit $100k by the end of 2018 which means I need to bring that average up to $720/week which is going to be tough but anyway that's the point
Title: Re: Race from 10 to 100k!!
Post by: seventytimes7 on December 18, 2017, 03:01:43 PM
I fell behind in updating with work and a new house, which also means a dip in invested assets. So now I'll shall use LNW (liquid net worth) to exclude equity? Which means dip in invested assets, but means a house that I love.

2/1/2017   - ($6,832)
3/1/2017   -   $66
4/1/2017   - $ 6,298
5/1/2017   - $12,179
6/1/2017   - $17,418
7/1/2017   - $21,303
8/1/2017   - $28,136
9/1/2017   - $29,233
10/1/2017 - $35,076
11/1/2017 - $40,626
12/1/2017 - $44,564 NW - $20,282 LNW

Title: Re: Race from 10 to 100k!!
Post by: Slow&Steady on December 19, 2017, 08:36:19 AM
Code: [Select]
        401K        IRA Invested Total Home Value Rental Value Debt         Total NW
Dec-13 $43,660 $0         $43,660 $120,000 $120,000 $232,000 $51,660
Dec-14 $52,943 $0         $52,943 $125,000 $125,000 $227,000 $75,943
Dec-15 $55,622 $0         $55,622 $130,000 $130,000 $227,000 $88,622
Dec-16 $68,870 $700 $69,570 $200,000 $130,000 $281,000 $118,570
Feb-17 $74,784 $700 $75,484 $200,000 $135,000 $281,000 $129,484
Apr-17 $78,946 $1,026 $79,972 $200,000 $135,000 $281,000 $133,972
May-17 $80,007 $1,040 $81,047 $240,000 $135,000 $281,000 $175,047
Jun-17 $82,048 $1,057 $83,105 $240,000 $135,000 $306,000 $152,105
Jul-17 $84,508 $1,075 $85,583 $240,000 $135,000 $306,000 $154,583
Aug-17 $85,737 $1,075 $86,812 $240,000 $135,000 $306,000 $155,812
Sep-17 $86,830 $1,079 $87,909 $240,000 $135,000 $319,000 $143,909
Oct-17 $89,275 $1,100 $90,375 $240,000 $135,000 $319,000 $146,375
Nov-17 $91,994 $1,124 $93,118 $240,000 $135,000 $317,000 $151,118
Dec-17 $94,085 $1,124 $95,209 $240,000 $135,000 $317,000 $153,209

I had a goal of $90k in the 401k by the end of the year, I made it!!  There should be a pretty decent dividends increase in Dec, not sure if I will be able to hit $95k in the 401k alone before the end of the year but it seems pretty likely in the combination of the 401k and IRA I might even hit $95k in the 401k alone before the end of year.  It would be really cool to graduate from this before baby #2 comes in March!

I was reading some of the other "Race from" threads and decided that although I don't count true NW it would be nice to look back and see it so I figured I would add it!  I am staying in this thread because the "Invested Total" is the column that I am tracking.

I know I really shouldn't be looking at the balances this often but as of this morning (who knows if it will last) the 401k is just above $95k.  Once the Dec contribution and any dividends are added (assuming this growth doesn't take a nose dive before the end of the year) we should be really close to graduating this race. I think Jan I am going to be really tempted to add enough to the IRA to get us over that $100k mark, must remind myself that savings should be left alone until after baby arrives.
Title: Re: Race from 10 to 100k!!
Post by: arob54600 on December 21, 2017, 08:33:09 AM
About half of my Christmas bonus went in to my 401k. I am happy and bummed all at once. Can't wait to see where I fall at the end of this month.
Title: Re: Race from 10 to 100k!!
Post by: frugalfanny on December 23, 2017, 06:32:46 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

October 4, 2017: $88,757

Will certainly cross $90k, maybe $95 this year... three paychecks in December will give me a boost! So close!

December 23, 2017: $99,060

I will get my third paycheck of the month (~$1600) on Dec. 29.  :) :)  Graduation to the next level imminent. See you on the other side! Many many thanks to you all for being so dang inspiring.

Keep on keeping on!
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on December 23, 2017, 09:10:45 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

October 4, 2017: $88,757

Will certainly cross $90k, maybe $95 this year... three paychecks in December will give me a boost! So close!

December 23, 2017: $99,060

I will get my third paycheck of the month (~$1600) on Dec. 29.  :) :)  Graduation to the next level imminent. See you on the other side! Many many thanks to you all for being so dang inspiring.

Keep on keeping on!

Congrats!  See you at the next level this time next year I hope
Title: Re: Race from 10 to 100k!!
Post by: dreadmoose on December 27, 2017, 02:38:05 PM
   Jul 1, 2016      -$19,048.00    
   Aug 1, 2016      -$18,739.00    
   Sep 1, 2016       $9,463.00    
   Oct 1, 2016      -$25,832.00    
   Nov 1, 2016      -$25,621.00    
   Dec 1, 2016      -$25,405.00    
   Jan 1, 2017      -$25,189.00    
   Feb 1, 2017      -$24,977.00    
   Mar 1, 2017      -$21,759.00    
   Apr 1, 2017      -$15,838.00    
   May 1, 2017       $7,477.00    
   Jun 1, 2017       $16,623.25    
   Jul 1, 2017       $27,638.49    
   Aug 1, 2017       $39,025.21    
   Sep 1, 2017       $49,626.13    
   Oct 1, 2017       $59,438.41    
   Nov 1, 2017       $71,949.94    
   Dec 1, 2017       $82,267.23    
   Dec 29, 2017       $110,473.03     (+38,523)

Blew past it this month, posting a few days early as I won't be around a computer through New Years. Cashed out a lot of overtime as an RRSP bonus straight into my Questrade account along with the normal $8K a month.

Super happy and grateful to be graduating this thread, can't wait to see everyone in the next one!

[Edit was to fix the last date on the table, used to read Dec 1, 2017]
Title: Re: Race from 10 to 100k!!
Post by: Trifle on December 28, 2017, 04:17:55 AM
Dreadmoose that is fantastic!!!  Huge congratulations, and best of luck on the rest of your journey!
Title: Re: Race from 10 to 100k!!
Post by: L2 on December 28, 2017, 07:18:12 AM
First time poster. Reckon I fit in this thread pretty well.

Savings/investments: $30,442

Cc debt (0% apr) - $3,411
Student loans (7.9% apr) - $8,856

Total - $18,175

Currently looking to build up a 3-6 month emergency fund and then kill the remaining debt.

You should be able to refinance that student loan debt in the meantime and save anywhere from 3-4%. When I did mine I searched around Earnest seemed like the best. If you decide to do it and go with them, I can provide a referral code for a free $200 for ya.
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on December 28, 2017, 08:25:42 AM
Wow, Dreadmoose, that's pretty amazing to do in a year and a half!  Congrats!!

Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on December 28, 2017, 08:29:08 AM
November 2017 - $10,267
December 2017 - $11,208

Hard to believe those numbers are mine!  I started out the year with about a grand, so I'm happy with how far I've come on a $40K salary.  This is the richest I've ever been!  (And I hope to say that every month going forward.)
Title: Re: Race from 10 to 100k!!
Post by: martyconlonontherun on December 29, 2017, 08:34:07 AM
I'm crashing two threads and this will be my joint account. I like my personal one since it's easier to motivate myself then my wife, but it still nice seeing the change in combined NW/Investments which is what matters.

29dh/29dw
Combined 120k income
Midwest City

09/01/2017: $65k Investments/$59k Net Worth
10/01/2017: $68.3k Investments/$65.6k Net Worth
10/27/2017: $72k Investments/$70.5k Net Worth
12/4/2017: $76.5k Investments/$81.9k Net Worth
Original Goal: graduate this thread by March with NW.
12/29/2017: $79.1k Investments/$84.8k Net Worth
Title: Re: Race from 10 to 100k!!
Post by: clarkai on December 29, 2017, 09:39:36 AM
I'm jumping into this, because I was going to join the save to 10,000 thread, but then realized I actually already had $10,000 in my retirement.

I'm still not sure of everything, so there might be mistakes. I'm going to focus on building investments first, before paying off my debts, because they are all less than 5% over the treasury rate. After I get an emergency fund established, I intend to max out my DCP 547 plan, then max out my 403b plan, and then tackle my school loans (higher interest than the mortgage), then tackle my mortgage, then start investing in Vangaurd or something. That last part is a ways down the road, which is why it's vague.

29 yrs old couple
Combined income: ~60k
West coast mid-sized town

Debts:
School loans: $32,000
Mortgage: $167,000 (the house was $~170 when we bought it, and it's value has since gone up. Redfin tells me I could sell it for $230 at this point, but that seems crazy)

Savings:
401a: 10,000
Emergency fund: $200

Networth: -188,800/Savings: 12,000

Networth if I include the worth of the house at purchase: -18,800
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on December 30, 2017, 06:43:21 AM
Oct 2017 EUR 13400,-
Nov 2017 EUR 13900,- (+500)

Oct 2017 EUR 13400,-
Nov 2017 EUR 13900,- (+500)
Dec 2017 EUR 14300,- (+400)

Not bad considering I paid my health insurance for the whole year this month. From next month savings should increase to >1000/month.
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on December 30, 2017, 11:19:05 AM
Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

I'm looking forward to following everyone's progress. Good luck to us all!

Missed a month, but my net worth as of Nov 30th is $18,617.

As the year comes to a close, my next worth is up to $23,350.
Title: Re: Race from 10 to 100k!!
Post by: L2 on December 30, 2017, 04:22:01 PM
I am in! The goal is to get to 100k net worth by the end of 2018. Currently at ~21k. I have been pretty good at my goals so far. Starting out after college in Dec. 2013, I believe I had about a negative net worth of 65k. My first financial goal was to get a net worth of zero by the time I received my tax refund this year and I hit it at the end of January. My second goal was to have my private student loan (6.6%) paid off by the end of July. I made it at the end of June. Next I am hoping to have the car paid off by the end of the year. Currently have a 10k balance left on that loan.

My soft goal for the end of 2017 is 35k in net worth, only because I think I'll need it to be close to that to meet the 100k goal at the end of 2018. I have not done any hard calcs at this point, but in the mean time, I should be getting annual raises of approx. 5k beginning 11/1 for 2017 and 2018. I will also be maxing out my 401k in 2018 and hopefully the ROTH IRA as well.

So I am currently at ~30,900 net worth. I've been averaging about a 2k increase per month and I've got an extra paycheck coming in for December as there will be 3 pay periods. I should be between 37-38k net worth by the end of the year. I've got a raise coming effective 11/1, but I have not been communicated the amount yet.

I've cut almost 3k in annual expenses in the past few months. Moved to a nicer, more convenient, and cheaper apartment (farther away from city center, which I don't need anymore) that will save me $87 a month. In moving there and an acquisition by my firm, I will be driving approximately 10 miles round trip a day rather than 60. Rough estimates have that at about $100 a month in gas savings. My firm is also adding a HDHP plan, which I do not know the exact details yet, but I'm guessing this will be about 1/2 the cost of the low deductible plan (estimated savings of 50/month).

I have not ran the hard numbers yet as exact figures aren't determined, but my goal of 100k NW by the end of 2018 is going to come really close. I'd guess I'm looking at being more towards 10-15k short without any gains/raise coming next year/potential promotion. Here is a question for my fellow cohorts - I have about a 5k vested pension at my previous employer. I'm going to check to see if there is any way I can roll that over into a 401k/IRA this coming week. Either way, would you include that in your net worth calc? I'm younger so pensions are not a familiar topic for me. I've read being vested means that its guaranteed to me no matter what, but I've heard of plenty of people losing their pensions (albeit not knowing specific circumstances).

Now that year end is basically here I took some time to run my numbers.

Current NW: 46,289.93
2018:
Student loan payments decreasing principal: 1,933.56
ROTH IRA Contribution on 1/1 (with 7% return estimated: 5,885
401k Contributions (with estimated DCA of 3.5% return): 19,147.50
Deferred 2017 401k employer match: 458
401k employer match (with estimated DCA of 3.5% return): 2,000
2017 tax refund estimate (with 1% Ally interest): 2,020
Addition to savings (for house downpayment):18,379.42
Estimated previous employer retirement plan increase: 500
Estimated increase in paychecks due to lower w/h from tax reform: 1,500.
Estimated increase to 2017 YE 401k balance (assuming 7%): 1273.09
Estimated increase to 2017 YE Roth balance (assuming 7%): 424.41

12/31 2018 NW estimate: $99,780.91. So it's going to be VERY close. There will certainly be some unexpected costs that creep up such as smaller medical/dental costs, registrations, licenses, car maintenance/repairs, etc. Getting there is going to heavily count on the stock market getting at least average returns. I'm working hard towards a promotion that would go into effect 11/1/18, which would hopefully net me about another 1k before 2018 YE. I also have multiple ways to get bonuses at work, albeit normally in smaller increments. I believe I already have close to 1k gross coming my way. Let's get it!
Title: Re: Race from 10 to 100k!!
Post by: vertkurt on December 31, 2017, 04:11:35 PM
10/10/17
Roth VTSMX currently $8995.
TSP $0.
11/1/17
rIRA= $10,095
TSP= $121

12/1
rIRA= 10,300
TSP= 1,483
1/1
rIRA=11,301
TSP=3,404
Total = 14,705
Title: Re: Race from 10 to 100k!!
Post by: Svoboda on December 31, 2017, 04:36:45 PM
Dec 17: 37,449
Jan 18: 40,439
Title: Re: Race from 10 to 100k!!
Post by: Tass on December 31, 2017, 06:36:29 PM
Joining for the new year, and I'll probably be here for a while.

Jul 17:  $ 6.2k
Aug 17: $ 6.8k
Sep 17: $ 8.2k
Oct 17: $ 9.0k
Nov 17: $ 9.9k
Dec 17: $11.1k

As of this month I am debt-free and I'm narrowly on-track to max out my ROTH by April. My spreadsheet says I won't hit 100k until 2024, but frankly my circumstances are likely to change significantly before then, so this is primarily for record-keeping and accountability.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on January 01, 2018, 04:18:03 AM
Welcome aboard Clarkai and Tass!  Nothing wrong with the "slow boat" to wealth, Tass -- at least you're on the boat, and the company is good.  :)  You kicked ass in 2017 and I'm sure you will this year too. 

Happy New Year everyone! 
Title: Re: Race from 10 to 100k!!
Post by: ardrum on January 01, 2018, 10:02:53 AM
Since we're officially starting a new year, I'll give my full progress since I began tracking.  I think I will break $100k in 2018 even if the market drops ~27-28% this year. 

1/1/16   $2,000
2/1/16   $4,793
3/1/16   $10,108
4/1/16   $14,574
5/1/16   $16,150
6/1/16   $19,879
7/1/16   $23,001
8/1/16   $28,667
9/1/16   $33,134
10/1/16   $35,682
11/1/16   $37,758
12/1/16   $42,243
1/1/17   $31,938
2/1/17   $36,861
3/1/17   $43,690
4/1/17   $46,035
5/1/17   $49,860
6/1/17   $53,551
7/1/17   $59,289
8/1/17   $64,996
9/1/17   $68,439
10/1/17   $73,881
11/1/17   $79,385
12/1/17   $84,711
1/1/18   $92,724
Title: Re: Race from 10 to 100k!!
Post by: intirb on January 01, 2018, 01:46:14 PM
Well, I joined this race 3.5 years ago, but I have finally made it.  My partner and I went from a net worth of ~-8k to our current six figure net worth. 

We've come a long way.  In 2014 we earned a combined $52.5k and we had almost $24k in debt (student loans).  We paid off the student loans completely in April 2016, and last year we earned $84k (our average income in the last 4 years is $66k). 

I know we've been very slow in this race compared to many, but I'm super proud of what we've accomplished on such low income.  I'm hopeful that I'll finally finish my advanced degree program in 2018 and begin to earn a real salary, which should accelerate our progress a lot. 

Right now almost half of our net worth is in a savings account for a down payment on a house.  I might wait until we have $100k in invested assets before I join the next challenge.  Best of luck to all of you!
Title: Re: Race from 10 to 100k!!
Post by: LurkerStache on January 01, 2018, 03:02:19 PM
Sep 2016: 51598.42
Oct 2016: 54210.76
Nov 2016: 57821.07
Dec 2016: 59471.44
Jan 2017: 63,813.13
Feb 2017: 66,722.32
Mar 2017: 70,782.46
Apr 2017: 73,027.41
May 2017: 76,803.28
Jun 2017: 78,061.77
Jul 2017: 81,104.24
Aug 2017: 84,125.91
Sep 2017: 88,561.32
Oct 2017: 92,457.44
Nov 2017: 98,335.44
Dec 2017: 102,068.04

I made it! On to the next thread. Hope to see you everyone over there soon!
Title: Re: Race from 10 to 100k!!
Post by: ingrownstudentloans on January 02, 2018, 08:05:33 AM
6/1/2017   $44,119
7/1/2017   $46,553
8/1/2017   $48,477
9/1/2017   $51,618
10/1/2017 $55,740
11/1/2017  $60,079 (will slow down through EOY as 401K is now maxed)
12/1/2017 $62,686.85
1/1/2018 $67,210.81 (excited to start 401K contributions back up)
Title: Re: Race from 10 to 100k!!
Post by: ardrum on January 02, 2018, 09:07:35 AM
Sep 2016: 51598.42
Oct 2016: 54210.76
Nov 2016: 57821.07
Dec 2016: 59471.44
Jan 2017: 63,813.13
Feb 2017: 66,722.32
Mar 2017: 70,782.46
Apr 2017: 73,027.41
May 2017: 76,803.28
Jun 2017: 78,061.77
Jul 2017: 81,104.24
Aug 2017: 84,125.91
Sep 2017: 88,561.32
Oct 2017: 92,457.44
Nov 2017: 98,335.44
Dec 2017: 102,068.04

I made it! On to the next thread. Hope to see you everyone over there soon!

Well done!
Title: Re: Race from 10 to 100k!!
Post by: arob54600 on January 02, 2018, 09:31:31 AM

November- 41195
December- 42526

January 1, 2018 -44958

Making steady progress.
Title: Re: Race from 10 to 100k!!
Post by: Slow&Steady on January 02, 2018, 09:41:36 AM
Code: [Select]
        401K        IRA Invested Total Home Value Rental Value Debt         Total NW
Dec-13 $43,660 $0         $43,660 $120,000 $120,000 $232,000 $51,660
Dec-14 $52,943 $0         $52,943 $125,000 $125,000 $227,000 $75,943
Dec-15 $55,622 $0         $55,622 $130,000 $130,000 $227,000 $88,622
Dec-16 $68,870 $700 $69,570 $200,000 $130,000 $281,000 $118,570
Feb-17 $74,784 $700 $75,484 $200,000 $135,000 $281,000 $129,484
Apr-17 $78,946 $1,026 $79,972 $200,000 $135,000 $281,000 $133,972
May-17 $80,007 $1,040 $81,047 $240,000 $135,000 $281,000 $175,047
Jun-17 $82,048 $1,057 $83,105 $240,000 $135,000 $306,000 $152,105
Jul-17 $84,508 $1,075 $85,583 $240,000 $135,000 $306,000 $154,583
Aug-17 $85,737 $1,075 $86,812 $240,000 $135,000 $306,000 $155,812
Sep-17 $86,830 $1,079 $87,909 $240,000 $135,000 $319,000 $143,909
Oct-17 $89,275 $1,100 $90,375 $240,000 $135,000 $319,000 $146,375
Nov-17 $91,994 $1,124 $93,118 $240,000 $135,000 $317,000 $151,118
Dec-17 $94,085 $1,124 $95,209 $240,000 $135,000 $317,000 $153,209

I had a goal of $90k in the 401k by the end of the year, I made it!!  There should be a pretty decent dividends increase in Dec, not sure if I will be able to hit $95k in the 401k alone before the end of the year but it seems pretty likely in the combination of the 401k and IRA I might even hit $95k in the 401k alone before the end of year.  It would be really cool to graduate from this before baby #2 comes in March!

I was reading some of the other "Race from" threads and decided that although I don't count true NW it would be nice to look back and see it so I figured I would add it!  I am staying in this thread because the "Invested Total" is the column that I am tracking.

I know I really shouldn't be looking at the balances this often but as of this morning (who knows if it will last) the 401k is just above $95k.  Once the Dec contribution and any dividends are added (assuming this growth doesn't take a nose dive before the end of the year) we should be really close to graduating this race. I think Jan I am going to be really tempted to add enough to the IRA to get us over that $100k mark, must remind myself that savings should be left alone until after baby arrives.

Went to check my balance today so that I could do an end of the year/Jan 2018 post and the stupid site says they are temporarily down, grrrr!

Also found out that since our company was purchased we are moving to a different 401K provider and they will be automatically transferring our balances to the new provider.  The new provider is a large generally decent company but the current provider is largely preferred and I am whiny about the change.  Hopefully we will have options with similarly low  expenses ratios to choose from.
Title: Re: Race from 10 to 100k!!
Post by: mustache you a question on January 02, 2018, 09:56:39 AM
01/17 - 9,926
02/17 - 15,869
03/17 - 21,618
04/17 - 22,738
05/17 - 29,255
06/17 - 30,880
07/17 - 40,255
08/17 - 44,722
09/17 - 48,025
10/17 - 62,340
11/17 - 67,770
12/17 - 83,785
01/18 - 87,942

I'll probably graduate from this thread sometime around March or April hopefully.  Good luck to all of you this year!
Title: Re: Race from 10 to 100k!!
Post by: Epor on January 02, 2018, 10:09:40 AM

Congrats to the graduates, see you in the next race soon.

Code: [Select]
Jan-2014 $24,525.00
Jan-2015 $32,090.00
Jan-2016 $39,258.00
Jan-2017 $59,072.00 (found MMM   3/17)
----------
                Total      Saved        Market G/L
01/01/18 93684.00   2136.40 908.60
Title: Re: Race from 10 to 100k!!
Post by: snoot on January 02, 2018, 10:23:29 AM
Happy New Year everyone! Congrats to those who recently graduated :)

                            403b             Roth             Total
December 2017     21,066.48     44,192.03     65,258.51
January    2018     21,279.96     46,322.92     67,602.61 (+2344.1)
Title: Re: Race from 10 to 100k!!
Post by: peppermint on January 02, 2018, 01:12:58 PM
OK. I am in for the second time. Embarrassed I didn't graduate the first time, but it is what it is.

NW 01/2018: $40796.81
Title: Re: Race from 10 to 100k!!
Post by: jayzee on January 02, 2018, 04:04:25 PM
Happy new year everyone. I'm close to 100K, but about to go into training and then self-employment in March-June, so I will have a few negative net worth months ahead of me. My goal is to graduate by the end of the year, depending on how my business goes.

Excited to be doing this and to keep myself on track despite any setbacks.

Cash and non-superannuation investments (Australian):

Jan 2018 - $93,613.31
Title: Re: Race from 10 to 100k!!
Post by: junga on January 02, 2018, 05:54:20 PM
My progress since April 2014.

April, 2014               : -$9,000
October, 2014          : $1500
December, 2015       : $20,000
December, 2016       : $48,000
September 1, 2017   : $82,000
October 1, 2017       : $87,996
November 1, 2017    : $90,085
December 1, 2017    : $94,182
January 1, 2018       : $97,318
Title: Re: Race from 10 to 100k!!
Post by: gutts on January 03, 2018, 01:01:43 AM
A newbie/wannabe mustachian is reporting in:

January 3 2018 - 16.189$

I started 3 months ago, so no long history yet but I'll check in to this thread every month
Title: Re: Race from 10 to 100k!!
Post by: Slow&Steady on January 03, 2018, 08:16:34 AM
I had a goal of $90k in the 401k by the end of 2017, I made it!!  There should be a pretty decent dividends increase in Dec, not sure if I will be able to hit $95k in the 401k alone before the end of the year but it seems pretty likely in the combination of the 401k and IRA I might even hit $95k in the 401k alone before the end of year.  It would be really cool to graduate from this before baby #2 comes in March!

I was reading some of the other "Race from" threads and decided that although I don't count true NW it would be nice to look back and see it so I figured I would add it!  I am staying in this thread because the "Invested Total" is the column that I am tracking.

Looks like the new company started the transfer of our 401K on 12/30 so all that money is currently not playing in the market which is disappointing.  I am tempted to take what is in savings (~$3000) for DH's potential self employment taxes and put it into his IRA as I don't think we should owe anything above what has been paid in for 2017.  This would move us on to the next race, I don't currently count that savings as it has a clearly defined purpose, or I could do the practical thing and wait to make sure we don't have any tax liability 1st.  Waiting is not an area that I excel at.

Code: [Select]
        401K        IRA Invested Total Home Value Rental Value Debt         Total NW
Dec-13 $43,660 $0         $43,660 $120,000 $120,000 $232,000 $51,660
Dec-14 $52,943 $0         $52,943 $125,000 $125,000 $227,000 $75,943
Dec-15 $55,622 $0         $55,622 $130,000 $130,000 $227,000 $88,622
Dec-16 $68,870 $700 $69,570 $200,000 $130,000 $281,000 $118,570
Dec-17 $96,294 $1,167 $97,461 $240,000 $135,000 $317,700 $154,761
Title: Re: Race from 10 to 100k!!
Post by: dreadmoose on January 03, 2018, 10:40:41 AM
@Trifele @MSquared

Thank you both, it sure makes me look back at all the money I wasted back in the day... but one foot forward and all that.

I'm incredibly happy I bought in right before my wage doubled, been pretty funny watching my friends / family know I make so much more while cutting out 50% of my frivolous spending at the same time. Savings!!
Title: back to tracking
Post by: carozy on January 04, 2018, 02:52:18 PM
Would like it to start going up again!  I've just enrolled in my company's 401k plan, so that's a start.  Here's my chart from the beginning of tracking:

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
Apr 16 - $32,868.52
May 16 - $36,583.68
Jun 16 - $37,083.17
Jul 16 - $39,049.63
Aug 16 - $38,179.37
Sep 16 - $39,189.08
Oct 16 - $39,353.24
Nov 16 - $39,670.42
Dec 16 - $43,765.79

Jan 17 - $41,627.44
Feb 17 - $42,496.43
Mar 17 - $48,952.17
Apr 17 - $47,878.28
May 17 - $46,875.80
Jun 17 - $48,022.60
Jul 17 - $47,621.47
Aug 17 - $48,267.28
Sep 17 - $49,914.59
Oct 17 - $46,652.10
Nov 17 - $47,303.34
Dec 17 - $47,255.37
Title: Re: Race from 10 to 100k!!
Post by: Lelyy on January 04, 2018, 08:19:45 PM
Hey guys! I’m new to the forum and like all of you my goal is to reach 100k!
I’m looking forward to achieving this with all of you!

December 31, 2017- $25,583

* I’m only counting my 457 plan.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on January 05, 2018, 04:41:14 AM
Welcome Lelyy!  It's going to be one fine year.
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on January 06, 2018, 09:33:00 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
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
May 17: 46766
Jun 17: 49646
Jul 17: 52567
Aug 17: 54267
Sep 17: 54565
Oct 17: 68832
Nov 17: 70574
Dec 17: 72864
Jan 18: 73227

Slow progress, but prepaying a full year's health insurance will do that...
Title: Re: Race from 10 to 100k!!
Post by: Serendip on January 06, 2018, 02:05:09 PM
This will be a slowish race for me but interesting to track :)

DEC /17
$20,624.84

Title: Re: Race from 10 to 100k!!
Post by: Trifle on January 06, 2018, 04:18:01 PM
This will be a slowish race for me but interesting to track :)

DEC /17
$20,624.84

Welcome Serendip!  No worries if you end up at a slow pace.  It took me forever and a day to get to $100k; I was way slower than all you youngsters. The important thing is that you are on the path.  You can do it!
Title: Re: Race from 10 to 100k!!
Post by: JuicyCrab on January 06, 2018, 08:56:19 PM
Jun-16    $ 2,906
Jul-16    $ 14,768
Aug-16    $ 15,777
Sep-16    $ 20,413
Oct-16    $ 17,007
Nov-16    $ 18,000
Dec-16    $ 21,231
Jan-17    $ 24,364
Feb-17    $ 26,984
Mar-17    $ 39,100
Apr-17    $ 45,000
May-17    $ 51,839
Jun-17    $ 57,905
Jul-17    $ 62,258
Aug-17    $ 72,784
Sep-17    $ 76,429
Oct-17    $ 82,650
Nov-17    $ 79,200
Dec-17    $ 88,200
Title: Re: Race from 10 to 100k!!
Post by: katthjul on January 07, 2018, 03:48:52 AM
EOY 2014: €0
EOY 2015: €16,728
EOY 2016: €41,467
Jan 2017: €42,037
Feb 2017: €45,956
Mar 2017: €48,399
Apr 2017: €48,580
May 2017: €48,527
Jun 2017: €47,553
Jul 2017:  €46,952
Aug 2017: €51,030
Sep 2017: €55,257
Oct 2017: €60,679
Nov 2017: €62,449
Dec 2017: €64,929

Had a really expensive vacation this year, but still ended up with a large increase in net worth.
Title: Re: Race from 10 to 100k!!
Post by: Serendip on January 07, 2018, 09:27:52 PM
This will be a slowish race for me but interesting to track :)

DEC /17
$20,624.84

Welcome Serendip!  No worries if you end up at a slow pace.  It took me forever and a day to get to $100k; I was way slower than all you youngsters. The important thing is that you are on the path.  You can do it!

Thanks for the encouragement Trifele! It's true--once we are on the path, it becomes much easier to stay on course :)
Title: Re: Race from 10 to 100k!!
Post by: beantown on January 09, 2018, 08:44:57 AM
Have not posted in several months but these were the last few months results:

Dec 2017: $16.4K
Jan 2017: $21.8K
Feb 2017: $28.8K
Mar 2017: $35.1K
Apr 2017: $40.9K
May 2017: $46.9K
June 2017: $51.8K
July 2017: $55.3K
Aug 2017: $75.2K - jump due to 401K matching and gift from parents
Sept 2017: $80.3K
Oct 2017: $83.8K
Nov 2017: $89.7K
Dec 2017: $98.4K - bonus from work came through


Expect to finish this month over $100K but also combining finances so that's going to add a big jump. See you on the next thread!
Title: Race from 10 to 100k!!
Post by: grantmeaname on January 12, 2018, 12:18:00 PM
I’m in - I love this thread. We hit $50k last week and hope to double that by year end. Then I guess you will kick me out and I’ll have to go find a bigger sandbox to play in.

Much of it is denominated in GBP so our net worth in USD will depend on whether May or Trump more adeptly shits the bed in 2018. Early money on May but there’s a lot of year left...
Title: Re: Race from 10 to 100k!!
Post by: grantmeaname on January 12, 2018, 03:31:59 PM
I’m sure we will have both. It’s just that the relative volume of shit pushes the exchange rate around. Trump won last year (of course) and the appreciation in the pound meant my UK pension was worth 15% more USD at peak than trough.
Title: Re: Race from 10 to 100k!!
Post by: ardrum on January 12, 2018, 08:32:22 PM
Less than $1000 away... This. Is. Unreal.
Title: Re: Race from 10 to 100k!!
Post by: MrUpwardlyMobile on January 13, 2018, 09:15:37 AM
1/12/18 - $75,103.12

Expect to crush 100k this year as I’m hammering away at student loans.
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on January 13, 2018, 09:23:54 AM
Love these threads. I'm tracking net worth in the 0-10k thread but I think I'll jump in here and start tracking Savings/Invested assets to 100K. Watching everyone's progress gives me so much motivation!

10/31/17: $7,686
11/30/17: $18,654
12/31/17: $24,407
1/13/18: $28,518

Hoping to make some big changes this year with a positive job transition for DH and maxing contributions to our 401ks and Roth IRAs! Loose projection has us set to hit 100K+ by end of 2019.
Title: Re: Race from 10 to 100k!!
Post by: ardrum on January 13, 2018, 01:44:55 PM
Love these threads. I'm tracking net worth in the 0-10k thread but I think I'll jump in here and start tracking Savings/Invested assets to 100K. Watching everyone's progress gives me so much motivation

Love these threads too!  In a world of complainypants people talking about it being impossible to get ahead, I see page after page after page of people ALL doing just that.
Title: Race from 10 to 100k!!
Post by: twistedfirestarter on January 13, 2018, 02:14:39 PM

£24,041 Apr '17
£26,105 May '17
£28,229 Jun '17
£31,961 Jul '17
£34,902 Aug '17
£37,596 Sep '17
£41,756 Oct '17
£45,885 Nov '17
£49,200 Dec '17

£53,000 Jan '18

Hi All,

So happy with our progress, goal is £100k this time next year
Title: Re: Race from 10 to 100k!!
Post by: Slow&Steady on January 15, 2018, 10:46:50 AM
I was reading some of the other "Race from" threads and decided that although I don't count true NW it would be nice to look back and see it so I figured I would add it!  I am staying in this thread because the "Invested Total" is the column that I am tracking.

Looks like the new company started the transfer of our 401K on 12/30 so all that money is currently not playing in the market which is disappointing.  I am tempted to take what is in savings (~$3000) for DH's potential self employment taxes and put it into his IRA as I don't think we should owe anything above what has been paid in for 2017.  This would move us on to the next race, I don't currently count that savings as it has a clearly defined purpose, or I could do the practical thing and wait to make sure we don't have any tax liability 1st.  Waiting is not an area that I excel at.

Code: [Select]
        401K        IRA Invested Total Home Value Rental Value Debt         Total NW
Dec-13 $43,660 $0         $43,660 $120,000 $120,000 $232,000 $51,660
Dec-14 $52,943 $0         $52,943 $125,000 $125,000 $227,000 $75,943
Dec-15 $55,622 $0         $55,622 $130,000 $130,000 $227,000 $88,622
Dec-16 $68,870 $700 $69,570 $200,000 $130,000 $281,000 $118,570
Dec-17 $96,294 $1,167 $97,461 $240,000 $135,000 $317,727 $154,724
*Jan-18 $99,676 $1,201 $100,877 $240,000 $135,000 $317,727 $158,150
*Stats for Jan 15th, 2018 (not end of month)

The 401k transfer finalized and the 1st contribution was made so half way through with Jan 2018 and we hit $100k in invested total!!! Other good news I accepted a job offer on Friday that includes a 37% raise and an increase in potential bonus % (although I won't that part until 2019). 

In the not so good news category the expense fees on the new 401k vs the old 401k are not making me happy.  I wonder what my options will be with the new job although I will not be able to contribute until I have been here for 30 days and that will be very close to when I take maternity leave.  It looks like this number will depend almost solely on the market for the next several months.
Title: Re: Race from 10 to 100k!!
Post by: andy85 on January 16, 2018, 06:57:13 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
Mar 17   $71,221
Apr 17   $73,018
May 17   $71,772
Jun 17   $69,832
Jul 17   $72,166
Aug 17   $73,360
Sep 17   $76,497
Oct 17   $77,675
Nov 17   $80,642
Dec 17   $82,238

Title: Re: Race from 10 to 100k!!
Post by: MrUpwardlyMobile on January 16, 2018, 07:40:43 PM
1/12/18 - $75,103.12
Expect to crush 100k this year as I’m hammering away at student loans.
1/12/18 - $75,103.12
1/16/18 - $83,567.53
Title: Re: Race from 10 to 100k!!
Post by: mustache you a question on January 17, 2018, 07:10:56 AM
1/12/18 - $75,103.12
Expect to crush 100k this year as I’m hammering away at student loans.
1/12/18 - $75,103.12
1/16/18 - $83,567.53

Just curious...how did you jump 8k in 4 days?
Title: Re: Race from 10 to 100k!!
Post by: MrUpwardlyMobile on January 17, 2018, 06:09:52 PM
1/12/18 - $75,103.12
Expect to crush 100k this year as I’m hammering away at student loans.
1/12/18 - $75,103.12
1/16/18 - $83,567.53

Just curious...how did you jump 8k in 4 days?
student loan payments cleared and my year end bonuses and employer contribution hit my 401k finally.  Sorry, no black magic for huge jumps like that.
Title: Re: Race from 10 to 100k!!
Post by: ardrum on January 19, 2018, 05:07:52 PM
Today was the day!  Below was my journey from the first month I registered a positive net worth to the finish line.  See you in the next thread!

1/1/16   $2,000
2/1/16   $4,793
3/1/16   $10,108
4/1/16   $14,574
5/1/16   $16,150
6/1/16   $19,879
7/1/16   $23,001
8/1/16   $28,667
9/1/16   $33,134
10/1/16   $35,682
11/1/16   $37,758
12/1/16   $42,243
1/1/17   $31,938
2/1/17   $36,861
3/1/17   $43,690
4/1/17   $46,035
5/1/17   $49,860
6/1/17   $53,551
7/1/17   $59,289
8/1/17   $64,996
9/1/17   $68,439
10/1/17   $73,881
11/1/17   $79,385
12/1/17   $84,711
1/1/18   $92,724
1/19/18    $100,140!!!!!!
Title: Re: Race from 10 to 100k!!
Post by: MrUpwardlyMobile on January 19, 2018, 06:23:41 PM
Today was the day!  Below was my journey from the first month I registered a positive net worth to the finish line.  See you in the next thread!

1/1/16   $2,000
2/1/16   $4,793
3/1/16   $10,108
4/1/16   $14,574
5/1/16   $16,150
6/1/16   $19,879
7/1/16   $23,001
8/1/16   $28,667
9/1/16   $33,134
10/1/16   $35,682
11/1/16   $37,758
12/1/16   $42,243
1/1/17   $31,938
2/1/17   $36,861
3/1/17   $43,690
4/1/17   $46,035
5/1/17   $49,860
6/1/17   $53,551
7/1/17   $59,289
8/1/17   $64,996
9/1/17   $68,439
10/1/17   $73,881
11/1/17   $79,385
12/1/17   $84,711
1/1/18   $92,724
1/19/18    $100,140!!!!!!

Congrats!  That’s a big benchmark. They say the first 100k is the hardest. Now get on over to the $100k to $250k net worth thread and show em how it’s done.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on January 20, 2018, 02:30:18 AM
Congratulations Ardrum!!!!   
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on January 20, 2018, 07:03:19 AM
Congrats ardrum! So motivating.

DH received an additional check yesterday as part of his company transition so we were able to allocate additional funds toward savings:

10/31/17: $7,686
11/30/17: $18,654
12/31/17: $24,407
1/13/18: $28,518
1/19/18: $33,211
Title: Re: Race from 10 to 100k!!
Post by: adamsputnik on January 21, 2018, 09:36:17 PM
First time poster. Reckon I fit in this thread pretty well.

Savings/investments: $30,442

Cc debt (0% apr) - $3,411
Student loans (7.9% apr) - $8,856

Total - $18,175

Currently looking to build up a 3-6 month emergency fund and then kill the remaining debt.

Seems like I goofed up my calculations, but the same principle applies. And I'm still on an upward trend.

Savings/investments: $34,886

Cc debt (total) - $7,699
Student loans (7.9% apr) - $8,827

Total - $18,350

Going to be in such better shape when the debt is gone.

Title: Re: Race from 10 to 100k!!
Post by: jeffeverhart383 on January 24, 2018, 07:16:48 AM
Howdy folks,

I've been reading the blog for a few years, but really want to make things count this year, so I'm jumping into the forums for some accountability. I should have jumped into this thread awhile ago, but might as well start here:

I've been using Personal Capital to track NW since the beginning of 2015, so we should graduate from this thread in the next few months. We've been averaging 40K + NW gains a year since then, but I feel like we could do better since we have high incomes relative to our cost of living. I'm also using a conservative estimate of our home value (total mortgage - outstanding balance), so in theory this number would be higher if using a figure closer to what Zillow states as the 'value' or even the original appraisal value from when we bought five years ago.

I'd love for this to be the year that we squash our outstanding debt (some students loans and car payments), so I'll be posting progress on the student loan payoff in that thread as well.

Jan 2018: $85,246
Title: Re: Race from 10 to 100k!!
Post by: MrUpwardlyMobile on January 24, 2018, 09:27:55 AM
Howdy folks,

I've been reading the blog for a few years, but really want to make things count this year, so I'm jumping into the forums for some accountability. I should have jumped into this thread awhile ago, but might as well start here:

I've been using Personal Capital to track NW since the beginning of 2015, so we should graduate from this thread in the next few months. We've been averaging 40K + NW gains a year since then, but I feel like we could do better since we have high incomes relative to our cost of living. I'm also using a conservative estimate of our home value (total mortgage - outstanding balance), so in theory this number would be higher if using a figure closer to what Zillow states as the 'value' or even the original appraisal value from when we bought five years ago.

I'd love for this to be the year that we squash our outstanding debt (some students loans and car payments), so I'll be posting progress on the student loan payoff in that thread as well.

Jan 2018: $85,246

Zillow values are famously nonsense. You’re better off using your estimate.
Title: Re: Race from 10 to 100k!!
Post by: Wanttobehome on January 25, 2018, 02:47:24 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+1,673            = 21,754
Mar 2017 20,576+1,828            = 22,404
Apr 2017  21,071+1,890+2300  =25,261
May 2017                                   =25,779
June 2017                                  =£26,319
July 2017                                    =£27,023
August 2017                               =£27,618
September 2017                        =£28,243
October 2017.                             =£28,868
November 2017.                         =£29,486
December 2017.                         =£30,860
Title: Re: Race from 10 to 100k!!
Post by: martyconlonontherun on January 26, 2018, 08:56:39 PM
Background:
Age: 29
"Switched" Careers at 25.
Started taking personal finances 'seriously' around 27 (aka actually saving money, 401k, etc).
Started taking personal finances seriously around 29
Salary gradually up to 65k, 68k as of End of 2017, 75k at beginning of CY18
Married but don't include house (equity/mortgage) or joint savings in these calculations since she's the boss, it gets messy with house equity/sweat equity ($40k total on a $170k house in May 17), and it will just be cherry on the top.
-Paid off car but not adding value of that in the calculation since its not worth more than a few Gs and requires maintenance
-4.5 years left of student loan payments I'm aggressively paying off/refinanced in January '17
-15 year mortgage in May '17
-Not including 529 accounts-Only a few hundred now, but it will be going to Godchildren/my future children so not my money in my eyes.

January 2016-
($45k) Student Debt
($2k) Personal CC Debt
$8k 401k
NW: ($38k)

NW April 2016: ($34K)
July 2016: ($28.4k)
October 2016: ($22.6k)
January 2017: ($20.8k) (Refinanced loan and intransit payments not reflected)
April 2017: ($10.9k)
July 2017: ($5.7k)
August 2017: ($2.5k)
September 2017:(~$1.7k)
October 2017: $1.8k - $32k
November 2017: $4.5K - Investments ~$33.8k.
December 2017: $7.9K - Investments ~$37.8k.
January 2017: $11.4K - Investments ~$39.6k.

Goal: 50k at end of year.
Hoping to increase 401k/IRA when the Sloans are paid off and hopefully some more salary. Realistic goal is to retire by 55 unless I really climb the corporate ladder.
Current  Beginning  February 2017: $14.3K - Investments ~$43.9k.
Title: Re: Race from 10 to 100k!!
Post by: martyconlonontherun on January 26, 2018, 09:10:15 PM

I'm crashing two threads and this will be my joint account. I like my personal one since it's easier to motivate myself then my wife, but it still nice seeing the change in combined NW/Investments which is what matters.

29dh/29dw
Combined 120k income
Midwest City

09/01/2017: $65k Investments/$59k Net Worth
10/01/2017: $68.3k Investments/$65.6k Net Worth
10/27/2017: $72k Investments/$70.5k Net Worth
12/4/2017: $76.5k Investments/$81.9k Net Worth
12/29/2017: $79.1k Investments/$84.8k Net Worth

Original Goal: graduate this thread by March with NW.
1/26/2018: $87.k Investments/$84.1k Net Worth (Down due to property taxes and change in Zillow for house)
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on January 27, 2018, 01:53:30 AM

Oct 2017 EUR 13400,-
Nov 2017 EUR 13900,- (+500)
Dec 2017 EUR 14300,- (+400)

Not bad considering I paid my health insurance for the whole year this month. From next month savings should increase to >1000/month.

Oct 2017 EUR 13400,-
Nov 2017 EUR 13900,- (+500)
Dec 2017 EUR 14300,- (+400)
Jan 2018 EUR 16000,- (+1700)

Big jump this month thanks to getting reimbursed for uni stuff and some crazy market days early January.
Title: Re: Race from 10 to 100k!!
Post by: MoneyMouse on January 29, 2018, 10:31:34 AM
Updating this with January numbers!

RRSPTFSA
Dec '175,5005,500
Jan '185,6365,808

Total: $11,441 (+441)
Title: Re: Race from 10 to 100k!!
Post by: Serendip on January 29, 2018, 11:00:30 AM

Dec '17  :  $20,624
Jan '18  :   $24,000
Title: Re: Race from 10 to 100k!!
Post by: arob54600 on January 30, 2018, 09:15:54 AM


November- 41195
December- 42526


End of January - 47966

The market has gone up, anyone else waiting for the rapid downward adjustment? I could use a sale.
Title: Re: Race from 10 to 100k!!
Post by: vertkurt on January 30, 2018, 05:38:03 PM
10/10/17
Roth VTSMX currently $8995.
TSP $0.
11/1/17
rIRA= $10,095
TSP= $121
12/1
rIRA= 10,300
TSP= 1,483
1/1
rIRA=11,301
TSP=3,404
Total = 14,705

2/1/18
rIRA=13,047
TSP=5,217
Total = 18,264
Title: Re: Race from 10 to 100k!!
Post by: ingrownstudentloans on January 31, 2018, 07:43:40 AM
6/1/2017   $44,119
7/1/2017   $46,553
8/1/2017   $48,477
9/1/2017   $51,618
10/1/2017 $55,740
11/1/2017  $60,079 (will slow down through EOY as 401K is now maxed)
12/1/2017 $62,686.85
1/1/2018 $67,210.81 (excited to start 401K contributions back up)
2/1/2018 $76,267.84
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on January 31, 2018, 08:19:37 AM
End of January Update

10/31/17: $7,686
11/30/17: $18,654
12/31/17: $24,407
1/31/18: $35,314

Recap: DH transitioned to new company, increased 401k contributions, liquidated checking account to only float one month of expenses and put the rest in 2017/2018 Roth IRAs.
Title: Re: Race from 10 to 100k!!
Post by: Slow&Steady on January 31, 2018, 08:35:55 AM
I was reading some of the other "Race from" threads and decided that although I don't count true NW it would be nice to look back and see it so I figured I would add it!  I am staying in this thread because the "Invested Total" is the column that I am tracking.

Code: [Select]
        401K        IRA Invested Total Home Value Rental Value Debt         Total NW
Dec-13 $43,660 $0         $43,660 $120,000 $120,000 $232,000 $51,660
Dec-14 $52,943 $0         $52,943 $125,000 $125,000 $227,000 $75,943
Dec-15 $55,622 $0         $55,622 $130,000 $130,000 $227,000 $88,622
Dec-16 $68,870 $700 $69,570 $200,000 $130,000 $281,000 $118,570
Dec-17 $96,294 $1,167 $97,461 $240,000 $135,000 $317,727 $154,724
Jan-18 $101,379 $1,212 $102,591 $240,000 $135,000 $316,332 $161,258

I am calling JAN 2018 as the official graduation from this race!!

New job started on Monday, new race officially starts today!
Title: Re: Race from 10 to 100k!!
Post by: Tass on January 31, 2018, 10:24:36 AM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k

Jan 18: $12.1k

I ended up shy of the 35% savings rate I'm shooting for this year - 29% is a little disappointing. A full quarter of my $1000 gain was in investment growth (doesn't count as savings). On the other hand, I had to pay for vehicle registration and smog testing, both expenses I won't have to contend with the rest of the year.
Title: Re: Race from 10 to 100k!!
Post by: seventytimes7 on January 31, 2018, 04:55:10 PM
Back at it again.  Year end bonus, gifts, stock market gains, and substantial increases in home value really helped move the needle forward. But home expenses are looming on the horizon.

2/1/2017   - ($6,832)
3/1/2017   -   $66
4/1/2017   - $ 6,298
5/1/2017   - $12,179
6/1/2017   - $17,418
7/1/2017   - $21,303
8/1/2017   - $28,136
9/1/2017   - $29,233
10/1/2017 - $35,076
11/1/2017 - $40,626
12/1/2017 - $44,564 NW - $20,282 LNW
1/1/2018   - $63,155 NW - $33,603 LNW
2/1/2018   - $86,749 NW - $48,144 LNW 

It seems kind of insane to realize that just last year I had negative net worth (and that was right after paying off $10k in cc debt). Thanks to this forum and MMM, I'm a true believer.

Question: How does everyone track home values? Both zillow and redfin show substantial gains in the home value in the few short months since I've bought it.  The neighborhood is very much "up and coming" with lots of new development going in which may account for the increases, but it almost "too good to be true" (cue the bubble).  I got a good deal on purchase price, but I'm not sure its worth "that" much more than what I paid.

Do people just use the purchase price? Do you discount the zillow/redfin model? Any ideas?  Mint obviously tracks the zillow model, but I've always thought that redfin was a little more accurate.   
Title: Re: Race from 10 to 100k!!
Post by: gutts on January 31, 2018, 07:35:58 PM
Taxable Vanguard account + 401K:

January 3, 2018 - 16.189$
February 1, 2018 - 22.190$

Well, it is still Jan 31 but I already received my paycheck
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on January 31, 2018, 07:48:38 PM
Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

I'm looking forward to following everyone's progress. Good luck to us all!

Missed a month, but my net worth as of Nov 30th is $18,617.

As the year comes to a close, my next worth is up to $23,350.

Just updated my spreadsheet to record my paycheck. January ends with my networth up to $27,921.
Title: Re: Race from 10 to 100k!!
Post by: Svoboda on January 31, 2018, 09:59:57 PM
Dec 17: 37,449
Jan 18: 40,439
Feb 18: 42,796
Title: Re: Race from 10 to 100k!!
Post by: L2 on February 01, 2018, 06:07:59 AM
I am in! The goal is to get to 100k net worth by the end of 2018. Currently at ~21k. I have been pretty good at my goals so far. Starting out after college in Dec. 2013, I believe I had about a negative net worth of 65k. My first financial goal was to get a net worth of zero by the time I received my tax refund this year and I hit it at the end of January. My second goal was to have my private student loan (6.6%) paid off by the end of July. I made it at the end of June. Next I am hoping to have the car paid off by the end of the year. Currently have a 10k balance left on that loan.

My soft goal for the end of 2017 is 35k in net worth, only because I think I'll need it to be close to that to meet the 100k goal at the end of 2018. I have not done any hard calcs at this point, but in the mean time, I should be getting annual raises of approx. 5k beginning 11/1 for 2017 and 2018. I will also be maxing out my 401k in 2018 and hopefully the ROTH IRA as well.

So I am currently at ~30,900 net worth. I've been averaging about a 2k increase per month and I've got an extra paycheck coming in for December as there will be 3 pay periods. I should be between 37-38k net worth by the end of the year. I've got a raise coming effective 11/1, but I have not been communicated the amount yet.

I've cut almost 3k in annual expenses in the past few months. Moved to a nicer, more convenient, and cheaper apartment (farther away from city center, which I don't need anymore) that will save me $87 a month. In moving there and an acquisition by my firm, I will be driving approximately 10 miles round trip a day rather than 60. Rough estimates have that at about $100 a month in gas savings. My firm is also adding a HDHP plan, which I do not know the exact details yet, but I'm guessing this will be about 1/2 the cost of the low deductible plan (estimated savings of 50/month).

I have not ran the hard numbers yet as exact figures aren't determined, but my goal of 100k NW by the end of 2018 is going to come really close. I'd guess I'm looking at being more towards 10-15k short without any gains/raise coming next year/potential promotion. Here is a question for my fellow cohorts - I have about a 5k vested pension at my previous employer. I'm going to check to see if there is any way I can roll that over into a 401k/IRA this coming week. Either way, would you include that in your net worth calc? I'm younger so pensions are not a familiar topic for me. I've read being vested means that its guaranteed to me no matter what, but I've heard of plenty of people losing their pensions (albeit not knowing specific circumstances).

Now that year end is basically here I took some time to run my numbers.

Current NW: 46,289.93
2018:
Student loan payments decreasing principal: 1,933.56
ROTH IRA Contribution on 1/1 (with 7% return estimated: 5,885
401k Contributions (with estimated DCA of 3.5% return): 19,147.50
Deferred 2017 401k employer match: 458
401k employer match (with estimated DCA of 3.5% return): 2,000
2017 tax refund estimate (with 1% Ally interest): 2,020
Addition to savings (for house downpayment):18,379.42
Estimated previous employer retirement plan increase: 500
Estimated increase in paychecks due to lower w/h from tax reform: 1,500.
Estimated increase to 2017 YE 401k balance (assuming 7%): 1273.09
Estimated increase to 2017 YE Roth balance (assuming 7%): 424.41

12/31 2018 NW estimate: $99,780.91. So it's going to be VERY close. There will certainly be some unexpected costs that creep up such as smaller medical/dental costs, registrations, licenses, car maintenance/repairs, etc. Getting there is going to heavily count on the stock market getting at least average returns. I'm working hard towards a promotion that would go into effect 11/1/18, which would hopefully net me about another 1k before 2018 YE. I also have multiple ways to get bonuses at work, albeit normally in smaller increments. I believe I already have close to 1k gross coming my way. Let's get it!
One month into 2018 and the new NW is 51,349 (with some help from the market) with an end of year projection now of $101,092. Woo hoo! I would still like to come up with another few thousand to play it safe as there will certainly be expenses come up that I don't really budget for such as medical/dental, car maintenance, registration renewals, etc.
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on February 01, 2018, 07:39:21 AM
November 2017 - $10,267
December 2017 - $11,208

January 2018 - $10,713

Spendy month in January, so I went backwards a bit.  I'll go backwards yet again in February (getting an implant for my new tooth - $2150 dental bill!), but after that I should be headed in the right direction. 
Title: Re: Race from 10 to 100k!!
Post by: Epor on February 01, 2018, 07:42:15 AM
Graduation day for me! Thank you all, specially Trifele for keeping us honest.

Code: [Select]

Jan-2014 $24,525.00
Jan-2015 $32,090.00
Jan-2016 $39,258.00
Jan-2017 $59,072.00 (found MMM   3/17)
----------
                Total       Saved       Market G/L
01/01/18 93684.00   2136.40 908.60
02/01/18 103443.00   4675.00     5084.00


Title: Re: Race from 10 to 100k!!
Post by: mustache you a question on February 01, 2018, 08:15:38 AM
01/17 - 9,926
02/17 - 15,869
03/17 - 21,618
04/17 - 22,738
05/17 - 29,255
06/17 - 30,880
07/17 - 40,255
08/17 - 44,722
09/17 - 48,025
10/17 - 62,340
11/17 - 67,770
12/17 - 83,785
01/18 - 87,942
02/18 - 95,169

Getting close to movin on...hopefully by this time next month I'll have graduated!
Title: Re: Race from 10 to 100k!!
Post by: Epor on February 01, 2018, 09:17:30 AM
01/17 - 9,926
02/17 - 15,869
03/17 - 21,618
04/17 - 22,738
05/17 - 29,255
06/17 - 30,880
07/17 - 40,255
08/17 - 44,722
09/17 - 48,025
10/17 - 62,340
11/17 - 67,770
12/17 - 83,785
01/18 - 87,942
02/18 - 95,169

Getting close to movin on...hopefully by this time next month I'll have graduated!

Almost 80k in one year? That is impressive!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on February 01, 2018, 01:38:41 PM
Graduation day for me! Thank you all, specially Trifele for keeping us honest.

Code: [Select]

Jan-2014 $24,525.00
Jan-2015 $32,090.00
Jan-2016 $39,258.00
Jan-2017 $59,072.00 (found MMM   3/17)
----------
                Total       Saved       Market G/L
01/01/18 93684.00   2136.40 908.60
02/01/18 103443.00   4675.00     5084.00



Congratulations Epor!!!!!!!!  So happy for you.  [fist bump]   :)

And to the many folks just starting out in this thread -- you will get there too.  You can do this!
Title: Re: Race from 10 to 100k!!
Post by: dutty on February 01, 2018, 04:18:16 PM
Big start to the year and some big improvements made to my office which will hopefully boost productivity (walking treadmill):

05/17   £1020
06/17   £470      (-£550 ~ -50%)
07/17   £1,590   (+£1,120 ~ +340%)
08/17   £2,080   (+£490   ~ +30%)
09/17   £7,250   (+£5,170 ~ +350%)
10/17   £12,000  (+£4,750 ~ +65%)
11/17   £12,360  (+£360 ~ +3%)
12/17   £10,800  (-£1,560 ~ -17%)
01/18  £21,300 (+£10,500 ~ +97%)
Title: Re: Race from 10 to 100k!!
Post by: MrUpwardlyMobile on February 01, 2018, 07:13:09 PM
1/12/18 - $75,103.12
1/16/18 - $83,567.53
2/1/18 - $94,138.48

Holy crap our net worth is growing fast in Q1.  I might finish the challenge by March
Title: Re: Race from 10 to 100k!!
Post by: Chippewa on February 01, 2018, 08:57:16 PM
05/2014   $23,258.00
05/2015   $36,029.00
05/2016   $40,963.00
05/2017   $50,076.17

6/2017 forward

06/2017   $54,550.23
07/2017   $58,225.96
08/2017   $61,384.00
09/2017   $60,759.04
10/2017   $63,483.00
11/2017   $66,867.00
12/2017   $67,186.00

01/2018   $76,401.45
02/2018   $80,197.95

kind of amazed at jump from Dec to Jan.
Title: Re: Race from 10 to 100k!!
Post by: peppermint on February 01, 2018, 09:06:53 PM
01/2018: $40796.81
02/2018: $41337.51

January was an tough month as I had to fly home on very short notice for a family emergency. I don't regret it, but it was expensive. At least things are going in the right direction overall.
Title: Re: Race from 10 to 100k!!
Post by: MrUpwardlyMobile on February 02, 2018, 05:44:30 AM
01/2018: $40796.81
02/2018: $41337.51

January was an tough month as I had to fly home on very short notice for a family emergency. I don't regret it, but it was expensive. At least things are going in the right direction overall.
. Every step forward counts
Title: Re: Race from 10 to 100k!!
Post by: snoot on February 02, 2018, 05:54:19 AM
                            403b             Roth             Total
December 2017     21,066.48     44,192.03     65,258.51
January    2018     21,279.96     46,322.92     67,602.61   (+2344.1)
February  2018     22,087.45      50,702.37    72,789.82    (+5187.21)
Title: Re: Race from 10 to 100k!!
Post by: MrUpwardlyMobile on February 02, 2018, 06:33:01 AM
                            403b             Roth             Total
December 2017     21,066.48     44,192.03     65,258.51
January    2018     21,279.96     46,322.92     67,602.61   (+2344.1)
February  2018     22,087.45      50,702.37    72,789.82    (+5187.21)

You’re not doing net worth? That’s pretty hardcore to focus purely on retirement accounts.
Title: Re: Race from 10 to 100k!!
Post by: Shelfside27 on February 02, 2018, 06:55:08 AM
Only just signed up to post but been following this thread for a while and it is a huge help to keep me on track.

Since I started tracking:

07/17: £18,831
08/17: £20,396
09/17: £23,363
10/17: £24,599


Quarter of the way there. :-)


A big jump this month thanks to an incredibly generous gift from parents towards my first home purchase. Can't quite put into words how much it means. Now I have the foundation, I need to start putting more towards an index fund ISA or SIPP as I only have my relatively low pension  pot and company shares at the moment. I also need to make sure I avoid the lure of fancy new furniture for the house.

11/17 £26,243
12/17 £27,160
01/18 £28,622
02/18 £48,272
Title: Re: Race from 10 to 100k!!
Post by: repman on February 02, 2018, 08:45:34 AM
Nov 2017     65.000€
Dez 2017     69.000€  a frugal month and a christmas paycheck !
Jan  2018     73100€
Feb  2018     74100€

Next Milestone 100.000€ in 02 2019

I have cleaned\fixed the spreadsheet, so new entries please
Title: Re: Race from 10 to 100k!!
Post by: snoot on February 02, 2018, 08:51:31 AM
                            403b             Roth             Total
December 2017     21,066.48     44,192.03     65,258.51
January    2018     21,279.96     46,322.92     67,602.61   (+2344.1)
February  2018     22,087.45      50,702.37    72,789.82    (+5187.21)

You’re not doing net worth? That’s pretty hardcore to focus purely on retirement accounts.

Yeah, I'm just focusing on retirement accounts for this goal. We bought our "forever home" a little over 2 years ago and never want to move. So I'm wary of including home equity in my tracking. We don't have any investments outside of retirement right now... but if/when we add them I'd probably include them here as well.
Title: Re: Race from 10 to 100k!!
Post by: without_a_map on February 03, 2018, 08:37:47 AM
Progress!

1st Dec 17 - £16,900
1st Jan 18 - £17,650 +£750
1st Feb 18 - £18,570 +£920

I had a strong month, doing the Frugalwoods UFM really helped rein in the wasteful spending, I’m hoping to keep it up this month. Excited to hit 20k in a couple of months! Good work everyone else, keep smashing it :)
Title: Re: Race from 10 to 100k!!
Post by: junga on February 03, 2018, 09:10:21 AM
My progress since April 2014.

April, 2014               : -$9,000
October, 2014          : $1500
December, 2015       : $20,000
December, 2016       : $48,000
September 1, 2017   : $82,000
October 1, 2017       : $87,996
November 1, 2017    : $90,085
December 1, 2017    : $94,182
January 1, 2018       : $97,318
February 2, 2018      : $104,695

Yay, we will be graduating this month.  Good luck to all of you and see you in the next race.

Title: Re: Race from 10 to 100k!!
Post by: grantmeaname on February 03, 2018, 02:36:17 PM
Fuck yeah! Congrats and see you  in the next thread someday!
Title: Re: Race from 10 to 100k!!
Post by: MrUpwardlyMobile on February 03, 2018, 02:42:17 PM
My progress since April 2014.

April, 2014               : -$9,000
October, 2014          : $1500
December, 2015       : $20,000
December, 2016       : $48,000
September 1, 2017   : $82,000
October 1, 2017       : $87,996
November 1, 2017    : $90,085
December 1, 2017    : $94,182
January 1, 2018       : $97,318
February 2, 2018      : $104,695

Yay, we will be graduating this month.  Good luck to all of you and see you in the next race.
congrats!
Title: Re: Race from 10 to 100k!!
Post by: StiffUpperLip on February 03, 2018, 05:35:50 PM
Hoping to gain some momentum this year and that joining the race will help spur me on! I'm not counting any contributions to my DB works pension, just funds I control directly myself so here goes:

Jan 18:
SIPP (Self Invested Personal Pension, Mr and Mrs)= £23,150
Emergency Fund (Cash) = £16,500

Total = £39,650

Please excuse the potentially confusing Brit terms. I'm also never really sure what to include in my NW as my house is mortgaged but only worth about what we owe on it (area never really recovered post 2008 crash), plus illiquid, and the DB pension is hard to value.

Hoping to add an ISA to the mix this year as our childcare costs should fall dramatically in September when littlest turns 3.
Title: Re: Race from 10 to 100k!!
Post by: katthjul on February 04, 2018, 02:24:14 AM
EOY 2014: €0
EOY 2015: €16,728
EOY 2016: €41,467
EOY 2017: €64,929
Jan 2017: €67,989

A nice increase this month. Am currently shifting from three funds to two funds, which means less time in the market and some trading fees.
Title: Re: Race from 10 to 100k!!
Post by: Overflow on February 04, 2018, 06:11:34 AM
Networth Growth over the last 12 months. This includes equity.
2/1/2017   $45,014.18
3/1/2017   $50,670.45
4/1/2017   $51,983.46
5/1/2017   $53,010.18
6/1/2017   $44,969.28
7/1/2017   $49,512.95
8/1/2017   $48,798.72
9/1/2017   $50,685.95
10/1/2017   $52,982.65
11/1/2017   $52,963.21
12/1/2017   $57,942.15
1/1/2018   $60,259.05
2/1/2018   $63,267.65

I will probably still be on this thread for 2018, but early 2019 graduation seems realistic.
Title: Re: Race from 10 to 100k!!
Post by: Slow&Steady on February 06, 2018, 01:48:50 PM
I was reading some of the other "Race from" threads and decided that although I don't count true NW it would be nice to look back and see it so I figured I would add it!  I am staying in this thread because the "Invested Total" is the column that I am tracking.

Code: [Select]
        401K        IRA Invested Total Home Value Rental Value Debt         Total NW
Dec-13 $43,660 $0         $43,660 $120,000 $120,000 $232,000 $51,660
Dec-14 $52,943 $0         $52,943 $125,000 $125,000 $227,000 $75,943
Dec-15 $55,622 $0         $55,622 $130,000 $130,000 $227,000 $88,622
Dec-16 $68,870 $700 $69,570 $200,000 $130,000 $281,000 $118,570
Dec-17 $96,294 $1,167 $97,461 $240,000 $135,000 $317,727 $154,724
Jan-18 $101,379 $1,212 $102,591 $240,000 $135,000 $316,332 $161,258

I am calling JAN 2018 as the official graduation from this race!!

New job started on Monday, new race officially starts today!

I might have called it a little early, based on the market over the last couple days.  Guess we will see what the end of the month looks like.
Title: Re: Race from 10 to 100k!!
Post by: marielle on February 09, 2018, 06:31:51 AM
Joining! Starting at $10,935.

I graduated with a BSME in May 2016 and had a net worth of around -$29k before I started working in August, so it feels great to be in the black!
Title: Re: Race from 10 to 100k!!
Post by: grantmeaname on February 09, 2018, 07:05:32 AM
Damn, that's some really impressive progress for only six months' time!
Title: Re: Race from 10 to 100k!!
Post by: marielle on February 09, 2018, 07:21:02 AM
Damn, that's some really impressive progress for only six months' time!

It's 2018!
Title: Re: Race from 10 to 100k!!
Post by: grantmeaname on February 09, 2018, 08:47:48 AM
oops

18 months time

I math for a living, promise...
Title: Re: Race from 10 to 100k!!
Post by: MrUpwardlyMobile on February 09, 2018, 10:39:56 AM
oops

18 months time

I math for a living, promise...
hahah
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on February 11, 2018, 02:44:00 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
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
May 17: 46766
Jun 17: 49646
Jul 17: 52567
Aug 17: 54267
Sep 17: 54565
Oct 17: 68832
Nov 17: 70574
Dec 17: 72864
Jan 18: 73227
Feb 18: 74628
Title: Re: Race from 10 to 100k!!
Post by: MrUpwardlyMobile on February 11, 2018, 07:23:06 AM
Is everyone else cringing at what their numbers will look like after these drops?  I'm hesitant to do a mid-month calculation
Title: Re: Race from 10 to 100k!!
Post by: grantmeaname on February 11, 2018, 09:06:08 PM
Stocks are on sale :)
Title: Re: Race from 10 to 100k!!
Post by: grantmeaname on February 11, 2018, 09:06:40 PM
Stocks are on sale :)
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on February 15, 2018, 09:17:42 AM
Mid-month update

10/31/17: $7,686
11/30/17: $18,654
12/31/17: $24,407
1/31/18: $35,314
2/15/18: $38,620
Title: Re: Race from 10 to 100k!!
Post by: MrUpwardlyMobile on February 15, 2018, 05:05:07 PM
1/12/18 - $75,103.12
1/16/18 - $83,567.53
2/1/18 - $94,138.48
2/15/18 - $91,543.60

Market goes up, market goes down. net worth jumps, net worth drops. Still up for the year.
Title: Re: Race from 10 to 100k!!
Post by: twistedfirestarter on February 20, 2018, 05:25:24 AM

£24,041 Apr '17
£26,105 May '17
£28,229 Jun '17
£31,961 Jul '17
£34,902 Aug '17
£37,596 Sep '17
£41,756 Oct '17
£45,885 Nov '17
£49,200 Dec '17
£53,000 Jan '18


Hi All,

£55,765 Feb '18

Still plugging away
Title: Re: Race from 10 to 100k!!
Post by: Serendip on February 20, 2018, 09:17:19 AM

Dec 18/17     18,146
Jan 03/18     20,624
Jan 19/18     23,607
Feb 06/18     25,073
Feb 20/18     27,000

I truly cannot believe I have put away almost $9000 in two months, these seems mind-boggling (I've picked up extra work, am barely spending anything & my last cheque I put away 90% of it into savings)

Probably will need to borrow from these for taxes but will try to cover that with next months' saving so I don't dip down--wuhoo!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on February 21, 2018, 03:04:24 AM
Cross-posting this from the Share your Badassity thread.  Inspirational post about what it feels like to cross 100k, having started from nothing:

https://forum.mrmoneymustache.com/share-your-badassity/thank-you-to-this-community-hit-over-$100k-started-at-minimum-wage/ 
Title: Re: Race from 10 to 100k!!
Post by: martyconlonontherun on February 25, 2018, 08:49:38 PM

I'm crashing two threads and this will be my joint account. I like my personal one since it's easier to motivate myself then my wife, but it still nice seeing the change in combined NW/Investments which is what matters.

29dh/29dw
Combined 120k income
Midwest City

09/01/2017: $65k Investments/$59k Net Worth
10/01/2017: $68.3k Investments/$65.6k Net Worth
10/27/2017: $72k Investments/$70.5k Net Worth
12/4/2017: $76.5k Investments/$81.9k Net Worth
12/29/2017: $79.1k Investments/$84.8k Net Worth
1/26/2018: $87.k Investments/$84.1k Net Worth (Down due to property taxes and change in Zillow for house
Original Goal: graduate this thread by March with NW.
2/23/018: $87.5k Investments/$88.3k Net Worth
Title: Re: Race from 10 to 100k!!
Post by: martyconlonontherun on February 25, 2018, 08:57:45 PM

Background:
Age: 29
"Switched" Careers at 25.
Started taking personal finances 'seriously' around 27 (aka actually saving money, 401k, etc).
Started taking personal finances seriously around 29
Salary gradually up to 65k, 68k as of End of 2017, 75k at beginning of CY18
Married but don't include house (equity/mortgage) or joint savings in these calculations since she's the boss, it gets messy with house equity/sweat equity ($40k total on a $170k house in May 17), and it will just be cherry on the top.
-Paid off car but not adding value of that in the calculation since its not worth more than a few Gs and requires maintenance
-4.5 years left of student loan payments I'm aggressively paying off/refinanced in January '17
-15 year mortgage in May '17
-Not including 529 accounts-Only a few hundred now, but it will be going to Godchildren/my future children so not my money in my eyes.

January 2016-
($45k) Student Debt
($2k) Personal CC Debt
$8k 401k
NW: ($38k)

NW April 2016: ($34K)
July 2016: ($28.4k)
October 2016: ($22.6k)
January 2017: ($20.8k) (Refinanced loan and intransit payments not reflected)
April 2017: ($10.9k)
July 2017: ($5.7k)
August 2017: ($2.5k)
September 2017:(~$1.7k)
October 2017: $1.8k - $32k
November 2017: $4.5K - Investments ~$33.8k.
December 2017: $7.9K - Investments ~$37.8k.
January 2017: $11.4K - Investments ~$39.6k.
February 2018: $14.3K - Investments ~$43.9k.
Goal: 50k at end of year.
Hoping to increase 401k/IRA when the Sloans are paid off and hopefully some more salary. Realistic goal is to retire by 55 unless I really climb the corporate ladder.
Current  Beginning  March 2018: $16.0K - Investments ~$44.2k.
Title: Re: Race from 10 to 100k!!
Post by: Slow&Steady on February 26, 2018, 01:40:01 PM
I was reading some of the other "Race from" threads and decided that although I don't count true NW it would be nice to look back and see it so I figured I would add it!  I am staying in this thread because the "Invested Total" is the column that I am tracking.

Code: [Select]
        401K        IRA Invested Total Home Value Rental Value Debt         Total NW
Dec-13 $43,660 $0         $43,660 $120,000 $120,000 $232,000 $51,660
Dec-14 $52,943 $0         $52,943 $125,000 $125,000 $227,000 $75,943
Dec-15 $55,622 $0         $55,622 $130,000 $130,000 $227,000 $88,622
Dec-16 $68,870 $700 $69,570 $200,000 $130,000 $281,000 $118,570
Dec-17 $96,294 $1,167 $97,461 $240,000 $135,000 $317,727 $154,724
Jan-18 $101,379 $1,212 $102,591 $240,000 $135,000 $316,332 $161,258

I am calling JAN 2018 as the official graduation from this race!!

New job started on Monday, new race officially starts today!

I might have called it a little early, based on the market over the last couple days.  Guess we will see what the end of the month looks like.

It looks like I am safe to stay in the next race, although not by much.  We decided to add $3k worth of 2017 contributions to the IRA during the dip and that is about exactly how much we are over the $100k mark (Invested Total). 

Code: [Select]
        401K        IRA Invested Total Home Value Rental Value Debt         Total NW
Dec-13 $43,660 $0         $43,660 $120,000 $120,000 $232,000 $51,660
Dec-14 $52,943 $0         $52,943 $125,000 $125,000 $227,000 $75,943
Dec-15 $55,622 $0         $55,622 $130,000 $130,000 $227,000 $88,622
Dec-16 $68,870 $700 $69,570 $200,000 $130,000 $281,000 $118,570
Dec-17 $96,294 $1,167 $97,461 $240,000 $135,000 $317,727 $154,724
Jan-18 $101,379 $1,212 $102,591 $240,000 $135,000 $316,332 $161,258
Feb-18 $99,073 $4,309 $103,383 $240,000 $135,000 $315,000 $163,382
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on February 27, 2018, 02:15:22 AM

Oct 2017 EUR 13400,-
Nov 2017 EUR 13900,- (+500)
Dec 2017 EUR 14300,- (+400)
Jan 2018 EUR 16000,- (+1700)

Big jump this month thanks to getting reimbursed for uni stuff and some crazy market days early January.

Oct 2017 EUR 13400,-
Nov 2017 EUR 13900,- (+500)
Dec 2017 EUR 14300,- (+400)
Jan 2018 EUR 16000,- (+1700)
Feb 2018 EUR 17050,- (+1050)

Bad month due to market dip + a €400 holiday to Italy.

Edited; I just realized I forgot a 1000 that I have invested elsewhere. So that's actually an AMAZING month, not even close to bad. I don't even understand how that's possible.
Title: Re: Race from 10 to 100k!!
Post by: grantmeaname on February 27, 2018, 10:10:33 PM
No way a €400 holiday to Italy is ever a bad thing. That sounds like a mustachian good time!
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on February 28, 2018, 08:01:13 AM
End of month update:

10/31/17: $7,686
11/30/17: $18,654
12/31/17: $24,407
1/31/18: $35,314
2/15/18: $38,620
2/28/18: $42,150

Title: Re: Race from 10 to 100k!!
Post by: ingrownstudentloans on February 28, 2018, 08:47:49 AM
6/1/2017   $44,119
7/1/2017   $46,553
8/1/2017   $48,477
9/1/2017   $51,618
10/1/2017 $55,740
11/1/2017  $60,079 (will slow down through EOY as 401K is now maxed)
12/1/2017 $62,686.85
1/1/2018 $67,210.81 (excited to start 401K contributions back up)
2/1/2018 $76,267.84
3/1/2018 $83,679.47 (stretch goal of June for graduation - fingers crossed)
Title: Re: Race from 10 to 100k!!
Post by: Tass on February 28, 2018, 09:36:47 AM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k

Feb 18: $13.6k

The shaky market was totally offset by my tax return (which got deposited pretty close to the low point even!) In February I doubled my NW from when I first found MMM. Next month I get three paychecks so I should fly right by $15k. Actually, I'm projected to finish 2023 with $99k, so maybe I can shave a year off my finish date too.
Title: Re: Race from 10 to 100k!!
Post by: Serendip on February 28, 2018, 05:23:44 PM
Nov 2017     65.000€
Dez 2017     69.000€  a frugal month and a christmas paycheck !
Jan  2018     73100€
Feb  2018     74100€

Next Milestone 100.000€ in 02 2019

I have cleaned\fixed the spreadsheet, so new entries please

@repman  I Jjust took a look at that spreadsheet--amazing!

 thanks for doing that..I will be excited to increase my numbers next week with another paycheque :)
Title: Re: Race from 10 to 100k!!
Post by: Svoboda on March 01, 2018, 01:47:44 AM
Dec 17: 37,449
Jan 18: 40,439
Feb 18: 42,796
Mar 18: 44,219
Title: Re: Race from 10 to 100k!!
Post by: repman on March 01, 2018, 05:43:50 AM
Nov 2017     65.000€
Dez 2017     69.000€  a frugal month and a christmas paycheck !
Jan  2018     73100€
Feb  2018     74100€
Mar  2018     57300€  some expanses and bad investment decisions

Don't forget to enter the speadsheet! I modified it further, a nice chart is still missing
Title: Re: Race from 10 to 100k!!
Post by: L2 on March 01, 2018, 06:40:28 AM
I am in! The goal is to get to 100k net worth by the end of 2018. Currently at ~21k. I have been pretty good at my goals so far. Starting out after college in Dec. 2013, I believe I had about a negative net worth of 65k. My first financial goal was to get a net worth of zero by the time I received my tax refund this year and I hit it at the end of January. My second goal was to have my private student loan (6.6%) paid off by the end of July. I made it at the end of June. Next I am hoping to have the car paid off by the end of the year. Currently have a 10k balance left on that loan.

My soft goal for the end of 2017 is 35k in net worth, only because I think I'll need it to be close to that to meet the 100k goal at the end of 2018. I have not done any hard calcs at this point, but in the mean time, I should be getting annual raises of approx. 5k beginning 11/1 for 2017 and 2018. I will also be maxing out my 401k in 2018 and hopefully the ROTH IRA as well.

So I am currently at ~30,900 net worth. I've been averaging about a 2k increase per month and I've got an extra paycheck coming in for December as there will be 3 pay periods. I should be between 37-38k net worth by the end of the year. I've got a raise coming effective 11/1, but I have not been communicated the amount yet.

I've cut almost 3k in annual expenses in the past few months. Moved to a nicer, more convenient, and cheaper apartment (farther away from city center, which I don't need anymore) that will save me $87 a month. In moving there and an acquisition by my firm, I will be driving approximately 10 miles round trip a day rather than 60. Rough estimates have that at about $100 a month in gas savings. My firm is also adding a HDHP plan, which I do not know the exact details yet, but I'm guessing this will be about 1/2 the cost of the low deductible plan (estimated savings of 50/month).

I have not ran the hard numbers yet as exact figures aren't determined, but my goal of 100k NW by the end of 2018 is going to come really close. I'd guess I'm looking at being more towards 10-15k short without any gains/raise coming next year/potential promotion. Here is a question for my fellow cohorts - I have about a 5k vested pension at my previous employer. I'm going to check to see if there is any way I can roll that over into a 401k/IRA this coming week. Either way, would you include that in your net worth calc? I'm younger so pensions are not a familiar topic for me. I've read being vested means that its guaranteed to me no matter what, but I've heard of plenty of people losing their pensions (albeit not knowing specific circumstances).

Now that year end is basically here I took some time to run my numbers.

Current NW: 46,289.93
2018:
Student loan payments decreasing principal: 1,933.56
ROTH IRA Contribution on 1/1 (with 7% return estimated: 5,885
401k Contributions (with estimated DCA of 3.5% return): 19,147.50
Deferred 2017 401k employer match: 458
401k employer match (with estimated DCA of 3.5% return): 2,000
2017 tax refund estimate (with 1% Ally interest): 2,020
Addition to savings (for house downpayment):18,379.42
Estimated previous employer retirement plan increase: 500
Estimated increase in paychecks due to lower w/h from tax reform: 1,500.
Estimated increase to 2017 YE 401k balance (assuming 7%): 1273.09
Estimated increase to 2017 YE Roth balance (assuming 7%): 424.41

12/31 2018 NW estimate: $99,780.91. So it's going to be VERY close. There will certainly be some unexpected costs that creep up such as smaller medical/dental costs, registrations, licenses, car maintenance/repairs, etc. Getting there is going to heavily count on the stock market getting at least average returns. I'm working hard towards a promotion that would go into effect 11/1/18, which would hopefully net me about another 1k before 2018 YE. I also have multiple ways to get bonuses at work, albeit normally in smaller increments. I believe I already have close to 1k gross coming my way. Let's get it!
One month into 2018 and the new NW is 51,349 (with some help from the market) with an end of year projection now of $101,092. Woo hoo! I would still like to come up with another few thousand to play it safe as there will certainly be expenses come up that I don't really budget for such as medical/dental, car maintenance, registration renewals, etc.
End of month NW: 56,190.70
End of year projection: 98,691.13

Had quite a few things going on this month...ended a relationship of 3 years, girlfriend moved out. Rent went up $350 a month as a result.
Bought some furniture off of ex that she owned.
Had to purchase some necessities for the apartment to make up for what ex took.
Stock market...bleh.
Bogus Uber charge of $234 that I'm still fighting.

I'm still feeling good about meeting my goal as I should have at least ~4k of extra income coming my way from various sources. Also going to concentrate on being more frugal than normal this month to help catch up. Shouldn't be too hard as I'm going to be spending  a lot of time at work anyways (tax season).
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on March 01, 2018, 06:59:01 AM
November 2017 - $10,267
December 2017 - $11,208
January 2018 - $10,713

February 2018 - $11,869

Heading back upward again.  :)
Title: Re: Race from 10 to 100k!!
Post by: mustache you a question on March 01, 2018, 07:48:32 AM
01/17 - 9,926
02/17 - 15,869
03/17 - 21,618
04/17 - 22,738
05/17 - 29,255
06/17 - 30,880
07/17 - 40,255
08/17 - 44,722
09/17 - 48,025
10/17 - 62,340
11/17 - 67,770
12/17 - 83,785
01/18 - 87,942
02/18 - 95,169
03/18 - 97,342

Slower month than we've had in the past.  Really wanted to graduate this month but hopefully we will get there by end of March...
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on March 01, 2018, 08:00:05 AM
Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

I'm looking forward to following everyone's progress. Good luck to us all!

Missed a month, but my net worth as of Nov 30th is $18,617.

As the year comes to a close, my next worth is up to $23,350.

Just updated my spreadsheet to record my paycheck. January ends with my networth up to $27,921.

With February officially in the books my net worth is sitting at $30,289.72. A pretty weak month compared to previous. Market losses along with some medical bills are the primary culprits.
Title: Re: Race from 10 to 100k!!
Post by: peppermint on March 01, 2018, 08:03:35 AM
01/2018: $40796.81
02/2018: $41337.51
03/2018: $42682.42
Title: Re: Race from 10 to 100k!!
Post by: arob54600 on March 01, 2018, 08:14:12 AM

November 17- 41195
December 17- 42526
January 18- 47966
February 18-47104

I went backwards this month.. IDK. Well here's to a new month!

I really like this thread, it's keeping me accountable and it's fun to keep track of progress :)

Title: Re: Race from 10 to 100k!!
Post by: vertkurt on March 01, 2018, 10:26:39 AM

1/1= 14,705

2/1/18= 18,264

3/1/18= 21,225
Title: Re: Race from 10 to 100k!!
Post by: MrMustache on March 01, 2018, 11:02:39 AM
Finally made it!! Just paid off the last of the credit cards which is a fantastic feeling. I do have 16500 left on my car but driving 20k miles a year so just tracking cash and not net worth.

3/1/18 - $12,000
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on March 01, 2018, 11:30:15 AM
Good progress everyone! I like to see a lot of people in the 10k-20k range as it's very relatable and we tend to make smaller jumps than the people that are closer to graduation (though this month it was a bigger drop I guess :p)
Title: Re: Race from 10 to 100k!!
Post by: repman on March 01, 2018, 01:35:46 PM
The median change from the spreadsheet for the month of February is 7.52%, so quite good regarding the stock downturn, congrats to all.
https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?pref=2&pli=1#gid=0
Title: Re: Race from 10 to 100k!!
Post by: L2 on March 01, 2018, 04:43:34 PM
The median change from the spreadsheet for the month of February is 7.52%, so quite good regarding the stock downturn, congrats to all.
https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?pref=2&pli=1#gid=0
that is cool. thanks for tracking.
Title: Re: Race from 10 to 100k!!
Post by: snoot on March 02, 2018, 08:05:01 AM

                            403b             Roth IRA       Total
December 2017     21,066.48     44,192.03     65,258.51
January    2018     21,279.96     46,322.92     67,602.61   (+2344.1)
February  2018     22,087.45      50,702.37    72,789.82    (+5187.21)
March      2018     21,938.54      53,475.00    75,413.54    (+2623.72)

Finished maxing out my 2017 Roth contributions, woo hoo!
Title: Re: Race from 10 to 100k!!
Post by: seventytimes7 on March 02, 2018, 03:22:53 PM
2/1/2017   - ($6,832)
3/1/2017   -   $66
4/1/2017   - $ 6,298
5/1/2017   - $12,179
6/1/2017   - $17,418
7/1/2017   - $21,303
8/1/2017   - $28,136
9/1/2017   - $29,233
10/1/2017 - $35,076
11/1/2017 - $40,626
12/1/2017 - $44,564 NW - $20,282 LNW
1/1/2018   - $63,155 NW - $33,603 LNW
2/1/2018   - $86,749 NW - $48,144 LNW 
3/1/2018   - $95,028 NW - $50,948 LNW
Title: Re: Race from 10 to 100k!!
Post by: MrUpwardlyMobile on March 04, 2018, 06:06:31 AM
1/12/18 - $75,103.12
1/16/18 - $83,567.53
2/1/18 - $94,138.48
2/15/18 - $91,543.60
3/4/18 - $106,647.81

We graduated!  Onward to a new thread!
Title: Re: Race from 10 to 100k!!
Post by: grantmeaname on March 04, 2018, 06:25:33 AM
Bye! See you in the next thread!
Title: Re: Race from 10 to 100k!!
Post by: Serendip on March 05, 2018, 07:01:30 PM
CONGRATS @grantmeaname & @MrUpwardlyMobile ..inspiring!
Title: Re: Race from 10 to 100k!!
Post by: MrUpwardlyMobile on March 05, 2018, 07:11:41 PM
Bye! See you in the next thread!

Thank you!
Title: Re: Race from 10 to 100k!!
Post by: MrUpwardlyMobile on March 05, 2018, 07:12:03 PM
CONGRATS @grantmeaname & @MrUpwardlyMobile ..inspiring!
. Thank you!
Title: Re: Race from 10 to 100k!!
Post by: grantmeaname on March 05, 2018, 07:20:31 PM
CONGRATS @grantmeaname &amp; @MrUpwardlyMobile ..inspiring!
I’m not leaving! Still another 40k to go! Just saying bye to MrUpwardlyMobile...
Title: Re: Race from 10 to 100k!!
Post by: lampstache on March 07, 2018, 09:23:47 AM
Joining in! Investments only.

1/2017   - 34,633
2/2017   - 40,740
3/2017   - 41,346
5/2017   - 41,840
6/2017   - 45,227
7/2017   - 45,862
8/2017   - 47,377
9/2017   - 47,669
10/2017 - 50,397
11/2017 - 52,228
12/2017 - Missed this month. I blame our newborn!
1/2018   - 56,928
2/2018   - 56,241
3/2018   - 57,176
Title: Re: Race from 10 to 100k!!
Post by: Serendip on March 07, 2018, 09:37:10 AM
CONGRATS @grantmeaname &amp; @MrUpwardlyMobile ..inspiring!
I’m not leaving! Still another 40k to go! Just saying bye to MrUpwardlyMobile...

Oops, didn't mean to give you the boot out of this thread early @grantmeaname but consider it an early Congrats since you will be there soon :)
Title: Re: Race from 10 to 100k!!
Post by: dutty on March 08, 2018, 08:56:40 AM
Need a big March so I can return the loan to my parents, fill up the ISA £20k allowance and leave enough to use for my business.

Squeeky bum time.

05/17   £1020
06/17   £470      (-£550 ~ -50%)
07/17   £1,590   (+£1,120 ~ +340%)
08/17   £2,080   (+£490   ~ +30%)
09/17   £7,250   (+£5,170 ~ +350%)
10/17   £12,000  (+£4,750 ~ +65%)
11/17   £12,360  (+£360 ~ +3%)
12/17   £10,800  (-£1,560 ~ -17%)
01/18   £21,300  (+£10,500 ~ +97%)
02/18  £25,500 (+£4,200 ~ +20%)
Title: Re: Race from 10 to 100k!!
Post by: druth on March 09, 2018, 03:09:14 PM
I haven't really been updating consistently, but I'm getting super close.  Mint says 97,457.  I have been slacking a little on getting new clients for my business, so this month probably wont happen, but I've got new ones lined up already, so fingers crossed on graduating next month!
Title: Re: Race from 10 to 100k!!
Post by: MrUpwardlyMobile on March 09, 2018, 08:13:29 PM
I haven't really been updating consistently, but I'm getting super close.  Mint says 97,457.  I have been slacking a little on getting new clients for my business, so this month probably wont happen, but I've got new ones lined up already, so fingers crossed on graduating next month!
. You can do it!!!
Title: Re: Race from 10 to 100k!!
Post by: gutts on March 10, 2018, 11:59:14 PM
Taxable Vanguard account + 401K:

January 3, 2018 - 16.189$
February 1, 2018 - 22.190$
March 1, 2018  - 26.400$
Title: Re: Race from 10 to 100k!!
Post by: FI45RE on March 12, 2018, 03:01:13 PM
First MMM Forum Post! Found MMM in late December 2017. Made immediate changes. Been reading the forum for awhile now...

Investments + 403b/401k:

12/2017: $38,165 (previously sitting and earning a measly 1.35% in savings) (Before investing/pre-MMM)
01/2018: $39,072
02/2018: $47,432
03/2018: $53,824 (as of 3/12)

My spreadsheet indicates that I will reach $100k by 1/1/2019
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on March 12, 2018, 03:15:49 PM
First MMM Forum Post! Found MMM in late December 2017. Made immediate changes. Been reading the forum for awhile now...

Investments + 403b/401k:

12/2017: $38,165 (previously sitting and earning a measly 1.35% in savings) (Before investing/pre-MMM)
01/2018: $39,072
02/2018: $47,432
03/2018: $53,824 (as of 3/12)

My spreadsheet indicates that I will reach $100k by 1/1/2019

Wow! That's some big ass jumps, good job on implementing so much!
Title: Re: Race from 10 to 100k!!
Post by: repman on March 13, 2018, 02:20:24 AM
The median change in our spreadsheet for the month of March was +8,62%, despite the downturn. Excellent work everybody (except me..hahah)

Title: Re: Race from 10 to 100k!!
Post by: FIRE-ing in the UK on March 13, 2018, 11:25:58 AM
Long time lurker, first time poster! I love following these races, it's very inspiring.

I track quarterly, so January liquid-y goodness is at £41,916 with a total net worth of £348,747.

Is it OK to join two races!?  :)
Title: Re: Race from 10 to 100k!!
Post by: grantmeaname on March 13, 2018, 11:49:05 AM
Twice the encouragement! Hell yes it's okay!

I admire your big stack of quids and hope to join you up at that altitude someday.
Title: Re: Race from 10 to 100k!!
Post by: mustache you a question on March 13, 2018, 12:18:25 PM
The median change in our spreadsheet for the month of March was +8,62%, despite the downturn. Excellent work everybody (except me..hahah)

Thanks for sharing this repman, it's very cool.  Also, congrats to MrUpwardlyMobile on hitting 100k!
Title: Re: Race from 10 to 100k!!
Post by: FIRE-ing in the UK on March 13, 2018, 01:46:54 PM
Twice the encouragement! Hell yes it's okay!

I admire your big stack of quids and hope to join you up at that altitude someday.

Why, thank you. Most of it is tied up in property though so trying to increase investments. You too will have a stash of cash higher than Jack's beanstalk :)
Title: Re: Race from 10 to 100k!!
Post by: MrUpwardlyMobile on March 13, 2018, 05:44:47 PM
The median change in our spreadsheet for the month of March was +8,62%, despite the downturn. Excellent work everybody (except me..hahah)

Thanks for sharing this repman, it's very cool.  Also, congrats to MrUpwardlyMobile on hitting 100k!

Thanks. My net worth was like a rocket ship for 3months between end of year bonuses, a signing bonus from a new job, the federal tax refund, state tax refund and the fact I have a guaranteed return on investment in the form of paying down a huge student loan.
Title: Re: Race from 10 to 100k!!
Post by: Optimizer on March 14, 2018, 07:41:01 AM
Hey

I would like to join. How does the tracking work? Should I write my NW into the sheets file myself or should I leave a reply here?
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on March 14, 2018, 07:54:39 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
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
May 17: 46766
Jun 17: 49646
Jul 17: 52567
Aug 17: 54267
Sep 17: 54565
Oct 17: 68832
Nov 17: 70574
Dec 17: 72864
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Title: Re: Race from 10 to 100k!!
Post by: aoedae on March 14, 2018, 09:16:10 AM
March 14 2018 - NW £41703.38
(Includes cash, S&S ISA, LISA, Pension)
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on March 14, 2018, 12:26:24 PM
Hey

I would like to join. How does the tracking work? Should I write my NW into the sheets file myself or should I leave a reply here?

Usually you can just post it here. The sheets file is quite new so if you want you can also add it there to get the fancy calculations for our cohort like Repman has made them.
Title: Re: Race from 10 to 100k!!
Post by: Optimizer on March 14, 2018, 03:08:20 PM
Alright then I'm in!
One day I'll meet the first ones in the graduate page.

"Starting" NW in USD: 17,538 $

I hope to make some nice gains even though I still study and life isn't very stable. Last fall I moved to Germany and gonna come to US for a semester in August. In addition to working I am able to leverage 1) scholarships and 2) lower cost of living for students.
Title: Re: Race from 10 to 100k!!
Post by: lexde on March 15, 2018, 09:00:48 AM
Hi everyone! First post in this thread and I’m kind of amazed I’m even here. 100k seems so daunting. I have no idea what my goal timeline should look like to reach 100k NW. My NW seems to be climbing at about 2.5k per month on a 70k salary. At that rate, I’m looking at 40 months (3.34 years) but I feel like compounding should help significantly with that once I start to get some momentum going. So I’ll aim for 100k in 24 months as a stretch goal!

(https://uploads.tapatalk-cdn.com/20180315/358196f33f621eb95ecb2b245e83d81d.jpg)

3/15/2018: $12,926.94
Title: Re: Race from 10 to 100k!!
Post by: marielle on March 15, 2018, 09:19:53 AM
Hi everyone! First post in this thread and I’m kind of amazed I’m even here. 100k seems so daunting. I have no idea what my goal timeline should look like to reach 100k NW. My NW seems to be climbing at about 2.5k per month on a 70k salary. At that rate, I’m looking at 40 months (3.34 years) but I feel like compounding should help significantly with that once I start to get some momentum going. So I’ll aim for 100k in 24 months as a stretch goal!

3/15/2018: $12,926.94

You're on a really similar pace with me! I started with around -$29k in Aug 2016, now I'm at positive $14k. I try to aim for $2.5k/month as well. Salary is a little lower, $60k (should be getting a small raise soon), but I'm in a LCOL area which helps a lot. You'll probably surpass me though. Especially if I have to buy a car, which I expect could be any day now. I haven't been including my car in my net worth (which is probably worth less than $1500 as is).
Title: Re: Race from 10 to 100k!!
Post by: vertkurt on March 15, 2018, 10:40:19 AM
Hi everyone! First post in this thread and I’m kind of amazed I’m even here. 100k seems so daunting. I have no idea what my goal timeline should look like to reach 100k NW. My NW seems to be climbing at about 2.5k per month on a 70k salary. At that rate, I’m looking at 40 months (3.34 years) but I feel like compounding should help significantly with that once I start to get some momentum going. So I’ll aim for 100k in 24 months as a stretch goal!

3/15/2018: $12,926.94

Congrats on paying off the loans and graduating the 10k thread! I also save around 2.5k per month, so we should graduate from this thread at roughly the same time. Keep it up!
Title: Re: Race from 10 to 100k!!
Post by: M5 on March 15, 2018, 03:54:44 PM
Just graduated from the previous thread! Like a few others on here our NW seems to climb around 2-2.5k per month, so it'll be nice to have others in a similar situation. We don't own our primary residence and are only using the equity from our rental property and our liquid investments for our NW calculations.

3/15/18: $12,315.65
Title: Re: Race from 10 to 100k!!
Post by: adamsputnik on March 15, 2018, 08:35:48 PM
Progress has been.....rubbish.

1/18/18 - 18,350.00
3/15/18 - 20,267.70

Recent vacation and the damn cat are to blame. Should look better next month!
Title: Re: Race from 10 to 100k!!
Post by: dolladoll on March 16, 2018, 04:47:31 PM
I want to join!  I have been a lurker for a while.  I remember looking at this thread a couple years ago and feeling like hitting 100k would be crazy far away so I didn't even bother to track (silly me).

01/2017 - 34,422
02/2017 - 34,751
03/2017 - 36,638
04/2017 - 34,824 (bought a guitar)
05/2017 - 38,767
06/2017 - 40,531
07/2017 - 40,076 -new HVAC system & found out we're pregnant! - (aka you'll notice major savings motivation after this month)
08/2017 - 42,783
09/2017 - 45,991
10/2017 - 49,300
11/2017 - 53,685
12/2017 - 59,161
01/2018 - 63,584
02/2018 - 66,854

Should hit 70k this month!
Title: Re: Race from 10 to 100k!!
Post by: Serendip on March 16, 2018, 09:25:42 PM
Welcome everyone--I am pretty new here as well, just been making progress since December when I snapped out of my spending coma.
It's encouraging to have a bunch of us with a similar savings rate..I have been working extra so might not have this savings rate all year but would love to see where I can land by the end of 2018.

Dec 18/17     18,146
Jan 03/18     20,624
Jan 19/18     23,607
Feb 06/18     25,073
Feb 20/18     27,000
Mar 16/18     28,600 

 (*need to stop saving in my accounts and focus on stashing extra for taxes since I made more than expected last year.  Will owe more than I have paid in installments--so far have a baby stash of $1500 for this and feel like I need to get up to at least $3000 to cover my bases-eegads)
Title: Re: Race from 10 to 100k!!
Post by: StiffUpperLip on March 17, 2018, 03:35:42 PM

Jan 18:
SIPP (Self Invested Personal Pension, Mr and Mrs)= £23,150
Emergency Fund (Cash) = £16,500

Total = £39,650


March 18
SIPP (Self Invested Personal Pension, Mr and Mrs)= £26,648
Emergency Fund (Cash) = £18,156

Total = £44,804
Title: Re: Race from 10 to 100k!!
Post by: twistedfirestarter on March 20, 2018, 04:48:13 PM

£24,041 Apr '17
£26,105 May '17
£28,229 Jun '17
£31,961 Jul '17
£34,902 Aug '17
£37,596 Sep '17
£41,756 Oct '17
£45,885 Nov '17
£49,200 Dec '17
£53,000 Jan '18
£55,765 Feb '18

£58,840 Mar '18

On track for $100,000 by July and £100,000 by Feb '19, want to hit this by EOY 2018, need to make some changes.
Title: Re: Race from 10 to 100k!!
Post by: zygote on March 26, 2018, 01:48:57 PM
Hello! I am new to MMM. I'm 28, recently married, and we maintain separate finances. The goal is to be in a strong financial position to maintain flexibility in the future, not necessarily RE. I have a job that I love with amazing benefits, so I am not in a hurry to retire. But as you all know, that could always change.

I have always lived below my means in that I have never held any debt, but I've never really saved. I was a grad student living on a lean stipend in a HCOL city until a year and a half ago. I'm still in the same HCOL city, but now I have a real salary, a defined contribution retirement plan, and access to 403b and 457 accounts.

Current net worth: $48,533.91
Breakdown below...
Cash: $17,747.04
Retirement plan: $18,702.39
403b: $679.16 (Just opened this 1/1/18)
Roth IRA: $11,736.04 (Did not open this until 2016 tax year)
Credit card: -$330.72 (Use this for normal expenses, pay off in full every month)

I was over $50k a week ago, but of course the stock market is going down at the moment. Shares on sale!
Title: Re: Race from 10 to 100k!!
Post by: L2 on March 27, 2018, 06:56:59 AM
Hello! I am new to MMM. I'm 28, recently married, and we maintain separate finances. The goal is to be in a strong financial position to maintain flexibility in the future, not necessarily RE. I have a job that I love with amazing benefits, so I am not in a hurry to retire. But as you all know, that could always change.

I have always lived below my means in that I have never held any debt, but I've never really saved. I was a grad student living on a lean stipend in a HCOL city until a year and a half ago. I'm still in the same HCOL city, but now I have a real salary, a defined contribution retirement plan, and access to 403b and 457 accounts.

Current net worth: $48,533.91
Breakdown below...
Cash: $17,747.04
Retirement plan: $18,702.39
403b: $679.16 (Just opened this 1/1/18)
Roth IRA: $11,736.04 (Did not open this until 2016 tax year)
Credit card: -$330.72 (Use this for normal expenses, pay off in full every month)

I was over $50k a week ago, but of course the stock market is going down at the moment. Shares on sale!
Welcome to the club!
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on March 27, 2018, 11:31:04 AM

Oct 2017 EUR 13400,-
Nov 2017 EUR 13900,- (+500)
Dec 2017 EUR 14300,- (+400)
Jan 2018 EUR 16000,- (+1700)
Feb 2018 EUR 17050,- (+1050)

Bad month due to market dip + a €400 holiday to Italy.

Edited; I just realized I forgot a 1000 that I have invested elsewhere. So that's actually an AMAZING month, not even close to bad. I don't even understand how that's possible.

Oct 2017 EUR 13400,-
Nov 2017 EUR 13900,- (+500)
Dec 2017 EUR 14300,- (+400)
Jan 2018 EUR 16000,- (+1700)
Feb 2018 EUR 17050,- (+1050)
Mar 2018 EUR 17300,- (+250)

Mehh due to lots of one-off expenses and my stocks are down. Still a little + though.
Title: Re: Race from 10 to 100k!!
Post by: spaniard999 on March 29, 2018, 06:00:57 PM
So happy to post this!

Jul 17  $67,374.44
Aug 17  $69,968.83
Sept 17  $73,228.83
Oct 17  $78,704.67
Nov 17  $80,862.22
Dec 17  $87,716.75
Jan 18  $92,747.41
Feb 18 $98,493.89
Mar 18 $104,485.65


Made it!!! Moving up to another race!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on March 29, 2018, 06:24:12 PM
So happy to post this!

Jul 17  $67,374.44
Aug 17  $69,968.83
Sept 17  $73,228.83
Oct 17  $78,704.67
Nov 17  $80,862.22
Dec 17  $87,716.75
Jan 18  $92,747.41
Feb 18 $98,493.89
Mar 18 $104,485.65


Made it!!! Moving up to another race!

Congratulations!!  You are totally kicking ass, and in a down market too.  Very nicely done!  Now go light up the next thread.  :)
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on March 30, 2018, 07:15:25 AM
November 2017 - $10,267
December 2017 - $11,208
January 2018 - $10,713
February 2018 - $11,869

March 2018 - $14,175
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on March 30, 2018, 01:13:31 PM
So happy to post this!

Jul 17  $67,374.44
Aug 17  $69,968.83
Sept 17  $73,228.83
Oct 17  $78,704.67
Nov 17  $80,862.22
Dec 17  $87,716.75
Jan 18  $92,747.41
Feb 18 $98,493.89
Mar 18 $104,485.65


Made it!!! Moving up to another race!

Well done!!
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on March 30, 2018, 01:25:03 PM
End of month update:

10/31/17: $7,686
11/30/17: $18,654
12/31/17: $24,407
1/31/18: $35,314
2/28/18: $42,150
3/30/18: $45,528

Thus begins the very slow climb out of student loan debt. Stash is not going to be climbing as quickly until that's crushed.
Title: Re: Race from 10 to 100k!!
Post by: vertkurt on March 30, 2018, 05:03:13 PM
1/1= 14,705

2/1/18= 18,264

3/1/18= 21,225

4/1/18= 22,741
Title: Re: Race from 10 to 100k!!
Post by: Tass on March 31, 2018, 10:51:09 AM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k

Mar 18: $15.1k + ~$300 of reimbursements owed

Three paycheck month got me out ahead of the falling market again. This was also my lowest-ever spending month, excluding those where I visited my parents and got fed - though we held recruitment for my grad program which means I was often still fed for free. Spent <$100 on groceries.

Next month I'll be back to a usual amount of income for a while, so expect <$1000/month advancements until late summer.
Title: Re: Race from 10 to 100k!!
Post by: Serendip on March 31, 2018, 09:42:05 PM
Dec 18/17    18,146
Jan 03/18     20,624
Jan 19/18     23,607
Feb 06/18     25,073
Feb 20/18     27,000
Mar 31/18     29,008
Title: Re: Race from 10 to 100k!!
Post by: Optimizer on April 01, 2018, 07:12:08 AM
March 1:
14,180 EUR / 17,538 USD

April 1:
14,401 EUR / 17,757 USD

+1,25%

Slight increase during the semester break regardless of the decline in stocks. Can not complain I think :)
Title: Re: Race from 10 to 100k!!
Post by: L2 on April 01, 2018, 07:39:42 AM
I am in! The goal is to get to 100k net worth by the end of 2018. Currently at ~21k. I have been pretty good at my goals so far. Starting out after college in Dec. 2013, I believe I had about a negative net worth of 65k. My first financial goal was to get a net worth of zero by the time I received my tax refund this year and I hit it at the end of January. My second goal was to have my private student loan (6.6%) paid off by the end of July. I made it at the end of June. Next I am hoping to have the car paid off by the end of the year. Currently have a 10k balance left on that loan.

My soft goal for the end of 2017 is 35k in net worth, only because I think I'll need it to be close to that to meet the 100k goal at the end of 2018. I have not done any hard calcs at this point, but in the mean time, I should be getting annual raises of approx. 5k beginning 11/1 for 2017 and 2018. I will also be maxing out my 401k in 2018 and hopefully the ROTH IRA as well.

So I am currently at ~30,900 net worth. I've been averaging about a 2k increase per month and I've got an extra paycheck coming in for December as there will be 3 pay periods. I should be between 37-38k net worth by the end of the year. I've got a raise coming effective 11/1, but I have not been communicated the amount yet.

I've cut almost 3k in annual expenses in the past few months. Moved to a nicer, more convenient, and cheaper apartment (farther away from city center, which I don't need anymore) that will save me $87 a month. In moving there and an acquisition by my firm, I will be driving approximately 10 miles round trip a day rather than 60. Rough estimates have that at about $100 a month in gas savings. My firm is also adding a HDHP plan, which I do not know the exact details yet, but I'm guessing this will be about 1/2 the cost of the low deductible plan (estimated savings of 50/month).

I have not ran the hard numbers yet as exact figures aren't determined, but my goal of 100k NW by the end of 2018 is going to come really close. I'd guess I'm looking at being more towards 10-15k short without any gains/raise coming next year/potential promotion. Here is a question for my fellow cohorts - I have about a 5k vested pension at my previous employer. I'm going to check to see if there is any way I can roll that over into a 401k/IRA this coming week. Either way, would you include that in your net worth calc? I'm younger so pensions are not a familiar topic for me. I've read being vested means that its guaranteed to me no matter what, but I've heard of plenty of people losing their pensions (albeit not knowing specific circumstances).

Now that year end is basically here I took some time to run my numbers.

Current NW: 46,289.93
2018:
Student loan payments decreasing principal: 1,933.56
ROTH IRA Contribution on 1/1 (with 7% return estimated: 5,885
401k Contributions (with estimated DCA of 3.5% return): 19,147.50
Deferred 2017 401k employer match: 458
401k employer match (with estimated DCA of 3.5% return): 2,000
2017 tax refund estimate (with 1% Ally interest): 2,020
Addition to savings (for house downpayment):18,379.42
Estimated previous employer retirement plan increase: 500
Estimated increase in paychecks due to lower w/h from tax reform: 1,500.
Estimated increase to 2017 YE 401k balance (assuming 7%): 1273.09
Estimated increase to 2017 YE Roth balance (assuming 7%): 424.41

12/31 2018 NW estimate: $99,780.91. So it's going to be VERY close. There will certainly be some unexpected costs that creep up such as smaller medical/dental costs, registrations, licenses, car maintenance/repairs, etc. Getting there is going to heavily count on the stock market getting at least average returns. I'm working hard towards a promotion that would go into effect 11/1/18, which would hopefully net me about another 1k before 2018 YE. I also have multiple ways to get bonuses at work, albeit normally in smaller increments. I believe I already have close to 1k gross coming my way. Let's get it!
One month into 2018 and the new NW is 51,349 (with some help from the market) with an end of year projection now of $101,092. Woo hoo! I would still like to come up with another few thousand to play it safe as there will certainly be expenses come up that I don't really budget for such as medical/dental, car maintenance, registration renewals, etc.
End of month NW: 56,190.70
End of year projection: 98,691.13

Had quite a few things going on this month...ended a relationship of 3 years, girlfriend moved out. Rent went up $350 a month as a result.
Bought some furniture off of ex that she owned.
Had to purchase some necessities for the apartment to make up for what ex took.
Stock market...bleh.
Bogus Uber charge of $234 that I'm still fighting.

I'm still feeling good about meeting my goal as I should have at least ~4k of extra income coming my way from various sources. Also going to concentrate on being more frugal than normal this month to help catch up. Shouldn't be too hard as I'm going to be spending  a lot of time at work anyways (tax season).
End of March NW: 60,017.55
End of 2018 projection: 98,683.37

The good - decided to take some of my house down payment savings and use it for some bank account churning (+650). Got project sale bonuses approved (+ approx 1500). Kept discretionary everyday spending down by about $300 from average.
The bad - realized I didn't remove my tax refund from my projection last month, so it was overstated by approx. 2,400. Then of course the stock market didn't really cooperate this month either. I believe I basically contributed 1,400 to 401k this month and the end of month balance is basically only 700 higher than the beg. of month balance.
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on April 01, 2018, 05:20:44 PM
Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

I'm looking forward to following everyone's progress. Good luck to us all!

Missed a month, but my net worth as of Nov 30th is $18,617.

As the year comes to a close, my next worth is up to $23,350.

Just updated my spreadsheet to record my paycheck. January ends with my networth up to $27,921.

With February officially in the books my net worth is sitting at $30,289.72. A pretty weak month compared to previous. Market losses along with some medical bills are the primary culprits.

Medical bills made March my least productive month in quite awhile, with only an increase of $1,438, leaving the ending balance at $31,728. My employer's quarterly HSA match came in. which represents almost half of the month's gain. My wife and I are expecting our first child in June, so I anticipate similar performance over the next few months... On a positive note, we've met our insurance deductible for the year, so the upcoming bills will be significantly less than they would have been otherwise.
Title: Re: Race from 10 to 100k!!
Post by: lexde on April 01, 2018, 06:15:28 PM
Hi everyone! First post in this thread and I’m kind of amazed I’m even here. 100k seems so daunting. I have no idea what my goal timeline should look like to reach 100k NW. My NW seems to be climbing at about 2.5k per month on a 70k salary. At that rate, I’m looking at 40 months (3.34 years) but I feel like compounding should help significantly with that once I start to get some momentum going. So I’ll aim for 100k in 24 months as a stretch goal!

(https://uploads.tapatalk-cdn.com/20180315/358196f33f621eb95ecb2b245e83d81d.jpg)

3/15/2018: $12,926.94
3/31/2018: $12,989.49 -- I managed to keep a positive net worth even with a pretty spendy vacation this month, so I'm happy about that!
Title: Re: Race from 10 to 100k!!
Post by: dutty on April 02, 2018, 03:25:42 AM
What can I say, just the most insane month for me financially. It is likely the most money I will make in a month purely from income for a long, long time. I was able to pay back the loan to my parents and fill up my S&S ISA just before the deadline so I am super happy about that.

Quote
05/17   £1020
06/17   £470      (-£550 ~ -50%)
07/17   £1,590   (+£1,120 ~ +340%)
08/17   £2,080   (+£490   ~ +30%)
09/17   £7,250   (+£5,170 ~ +350%)
10/17   £12,000  (+£4,750 ~ +65%)
11/17   £12,360  (+£360 ~ +3%)
12/17   £10,800  (-£1,560 ~ -17%)
01/18   £21,300  (+£10,500 ~ +97%)
02/18   £25,500  (+£4,200 ~ +20%)
03/18  £48,800 (+£23,300 ~ +91% )
Title: Re: Race from 10 to 100k!!
Post by: grantmeaname on April 02, 2018, 03:40:18 AM
DANG.
Title: Re: Race from 10 to 100k!!
Post by: mustache you a question on April 02, 2018, 06:49:04 AM
01/17 - 9,926
02/17 - 15,869
03/17 - 21,618
04/17 - 22,738
05/17 - 29,255
06/17 - 30,880
07/17 - 40,255
08/17 - 44,722
09/17 - 48,025
10/17 - 62,340
11/17 - 67,770
12/17 - 83,785
01/18 - 87,942
02/18 - 95,169
03/18 - 97,342
04/18 - 100,214

Barely crossed 100k.  Might be back after this month...but hopefully you guys won't be seeing me again in this thread :)
Title: Re: Race from 10 to 100k!!
Post by: marielle on April 02, 2018, 08:19:49 AM
Feb 1: $10,935
Mar 1: $12,472
Apr 1: $13,644

Making progress despite the downturn. I invested $3k a week or so ago and the immediate 5% drop was a little painful. Still getting used to that as a newbie investor! Rationally, I'm happy because stocks are on sale though.

However, in other news it looks like I'll be graduating this race sooner than expected because I'm getting married in May! How do you guys even handle that here!?

This is going to take some getting used to for sure. We've already been saving for FIRE together for the most part since graduating university, just haven't officially combined the numbers. He's been working a year longer than me and didn't have student loans other than one semester of grad school (compared to my $28k), so naturally he's ahead.

Oh and... we're going to the courthouse during our already planned New Zealand trip (paid for with points, of course), so I think it passes the mustachian test.
Title: Re: Race from 10 to 100k!!
Post by: ingrownstudentloans on April 02, 2018, 08:44:14 AM
6/1/2017   $44,119
7/1/2017   $46,553
8/1/2017   $48,477
9/1/2017   $51,618
10/1/2017 $55,740
11/1/2017  $60,079 (will slow down through EOY as 401K is now maxed)
12/1/2017 $62,686.85
1/1/2018 $67,210.81 (excited to start 401K contributions back up)
2/1/2018 $76,267.84
3/1/2018 $83,679.47 (stretch goal of June for graduation - fingers crossed)
4/1/2018 $84,367.47 (market hurt me this month - June is probably not going to happen now, oh well)
Title: Re: Race from 10 to 100k!!
Post by: zygote on April 02, 2018, 08:52:08 AM
Hello! I am new to MMM. I'm 28, recently married, and we maintain separate finances. The goal is to be in a strong financial position to maintain flexibility in the future, not necessarily RE. I have a job that I love with amazing benefits, so I am not in a hurry to retire. But as you all know, that could always change.

I have always lived below my means in that I have never held any debt, but I've never really saved. I was a grad student living on a lean stipend in a HCOL city until a year and a half ago. I'm still in the same HCOL city, but now I have a real salary, a defined contribution retirement plan, and access to 403b and 457 accounts.

Current net worth: $48,533.91
Breakdown below...
Cash: $17,747.04
Retirement plan: $18,702.39
403b: $679.16 (Just opened this 1/1/18)
Roth IRA: $11,736.04 (Did not open this until 2016 tax year)
Credit card: -$330.72 (Use this for normal expenses, pay off in full every month)

I was over $50k a week ago, but of course the stock market is going down at the moment. Shares on sale!

I'd like to start progress reports at the beginning of the month, so here goes. A big jump from just a week ago because March was a 3 paycheck month for me and I got a big tax refund (my tax situation changed a lot last year).

3/18: $48,533.91
4/18: $53,215.13
Title: Re: Race from 10 to 100k!!
Post by: Tass on April 02, 2018, 09:50:08 AM
Congrats marielle!
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on April 02, 2018, 10:12:03 AM
Congrats on the upcoming wedding, Marielle!  I guess if your combined networth is over $100K, you just hop over to the next thread and track everything combined?  That's probably what I would do.  I'm not married though. 
Title: Re: Race from 10 to 100k!!
Post by: M5 on April 02, 2018, 10:20:08 AM
Just graduated from the previous thread! Like a few others on here our NW seems to climb around 2-2.5k per month, so it'll be nice to have others in a similar situation. We don't own our primary residence and are only using the equity from our rental property and our liquid investments for our NW calculations.

3/15/18: $12,315.65
4/2/18: $12,849.33     not great improvement this time. bought plane tickets, vehicle registration, etc and dipping markets.
Title: Re: Race from 10 to 100k!!
Post by: martyconlonontherun on April 02, 2018, 09:48:03 PM

I'm crashing two threads and this will be my joint account. I like my personal one since it's easier to motivate myself then my wife, but it still nice seeing the change in combined NW/Investments which is what matters.

29dh/29dw
Combined 120k income
Midwest City

09/01/2017: $65k Investments/$59k Net Worth
10/01/2017: $68.3k Investments/$65.6k Net Worth
10/27/2017: $72k Investments/$70.5k Net Worth
12/4/2017: $76.5k Investments/$81.9k Net Worth
12/29/2017: $79.1k Investments/$84.8k Net Worth
1/26/2018: $87.k Investments/$84.1k Net Worth (Down due to property taxes and change in Zillow for house
2/23/2018: $87.5k Investments/$88.3k NW
Original Goal: graduate this thread by March with NW.
4/2/2018: $87.5k Investments/$95.3k Net Worth (Up due to Tax return)
Hopefully this moves to the next thread in May.
Title: Re: Race from 10 to 100k!!
Post by: martyconlonontherun on April 02, 2018, 09:53:06 PM

Background:
Age: 29
"Switched" Careers at 25.
Started taking personal finances 'seriously' around 27 (aka actually saving money, 401k, etc).
Started taking personal finances seriously around 29
Salary gradually up to 65k, 68k as of End of 2017, 75k at beginning of CY18
Married but don't include house (equity/mortgage) or joint savings in these calculations since she's the boss, it gets messy with house equity/sweat equity ($40k total on a $170k house in May 17), and it will just be cherry on the top.
-Paid off car but not adding value of that in the calculation since its not worth more than a few Gs and requires maintenance
-4.5 years left of student loan payments I'm aggressively paying off/refinanced in January '17
-15 year mortgage in May '17
-Not including 529 accounts-Only a few hundred now, but it will be going to Godchildren/my future children so not my money in my eyes.

January 2016-
($45k) Student Debt
($2k) Personal CC Debt
$8k 401k
NW: ($38k)

NW April 2016: ($34K)
July 2016: ($28.4k)
October 2016: ($22.6k)
January 2017: ($20.8k) (Refinanced loan and intransit payments not reflected)
April 2017: ($10.9k)
July 2017: ($5.7k)
August 2017: ($2.5k)
September 2017:(~$1.7k)
October 2017: $1.8k - $32k
November 2017: $4.5K - Investments ~$33.8k.
December 2017: $7.9K - Investments ~$37.8k.
January 2017: $11.4K - Investments ~$39.6k.
February 2018: $14.3K - Investments ~$43.9k.
March 2018: $16k - Investments ~$44.2k
Goal: 50k at end of year.
Hoping to increase 401k/IRA when the Sloans are paid off and hopefully some more salary. Realistic goal is to retire by 55 unless I really climb the corporate ladder.
Current  Beginning  March 2018: $17.1K - Investments ~$45.2k.
Title: Re: Race from 10 to 100k!!
Post by: repman on April 03, 2018, 01:17:35 AM
Nov 2017     65.000€
Dez 2017     69.000€  a frugal month and a christmas paycheck !
Jan  2018     73100€
Feb  2018     74100€
Mar  2018     57300€  some expanses and bad investment decisions
Apr 2018      58800€

Don't forget to enter the speadsheet!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on April 03, 2018, 07:03:58 AM
01/17 - 9,926
02/17 - 15,869
03/17 - 21,618
04/17 - 22,738
05/17 - 29,255
06/17 - 30,880
07/17 - 40,255
08/17 - 44,722
09/17 - 48,025
10/17 - 62,340
11/17 - 67,770
12/17 - 83,785
01/18 - 87,942
02/18 - 95,169
03/18 - 97,342
04/18 - 100,214

Barely crossed 100k.  Might be back after this month...but hopefully you guys won't be seeing me again in this thread :)

Congrats @mustache you a question !!! 
Title: Re: Race from 10 to 100k!!
Post by: peppermint on April 03, 2018, 08:19:23 PM
01/2018: $40796.81
02/2018: $41337.51
03/2018: $42682.42
04/2018: $46138.41

Getting there.
Title: Re: Race from 10 to 100k!!
Post by: ASW on April 04, 2018, 11:59:24 AM
Hey guys,
First post.  31 years old, married with 3 young kids, single income (military family).  Had ~$150k combined student debt out of college, which took a few years to pay down.  Found MMM and got serious about finances in January 2018. 

Net worth (includes emergency fund, misc. cash, retirement accounts, and other investments):
1/1/2018: $38,800
2/1/2018: $49,800 (used tax refund to pay off family car - now debt free)
3/1/2018: $55,707
4/1/2018 : $64,352 (sold second car)

We are hoping to get to $100k by the end of this year, but we are moving to a new state in a few weeks, so we may have a couple expensive months getting set up.  Our spreadsheet indicates that we don't have a lot of wiggle room if we want to achieve this goal by then (unless we get some help from the stock market).

Glad to be doing this with all of you!
Title: Re: Race from 10 to 100k!!
Post by: M5 on April 04, 2018, 12:21:00 PM
Hey guys,
First post.  31 years old, married with 3 young kids, single income (military family).  Had ~$150k combined student debt out of college, which took a few years to pay down.  Found MMM and got serious about finances in January 2018. 

Net worth (includes emergency fund, misc. cash, retirement accounts, and other investments):
1/1/2018: $38,800
2/1/2018: $49,800 (used tax refund to pay off family car - now debt free)
3/1/2018: $55,707
4/1/2018 : $64,352 (sold second car)

We are hoping to get to $100k by the end of this year, but we are moving to a new state in a few weeks, so we may have a couple expensive months getting set up.  Our spreadsheet indicates that we don't have a lot of wiggle room if we want to achieve this goal by then (unless we get some help from the stock market).

Glad to be doing this with all of you!
Those are some impressive numbers for such a short amount of time! Welcome and congrats!
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on April 04, 2018, 01:25:57 PM
Hey guys,
First post.  31 years old, married with 3 young kids, single income (military family).  Had ~$150k combined student debt out of college, which took a few years to pay down.  Found MMM and got serious about finances in January 2018. 

Net worth (includes emergency fund, misc. cash, retirement accounts, and other investments):
1/1/2018: $38,800
2/1/2018: $49,800 (used tax refund to pay off family car - now debt free)
3/1/2018: $55,707
4/1/2018 : $64,352 (sold second car)

We are hoping to get to $100k by the end of this year, but we are moving to a new state in a few weeks, so we may have a couple expensive months getting set up.  Our spreadsheet indicates that we don't have a lot of wiggle room if we want to achieve this goal by then (unless we get some help from the stock market).

Glad to be doing this with all of you!
Those are some impressive numbers for such a short amount of time! Welcome and congrats!

Holy wow that's some impressive numbers! GO YOU!
Title: Re: Race from 10 to 100k!!
Post by: L2 on April 04, 2018, 02:55:13 PM
That's some serious progress. Moving might set you back a couple grand, but I have no doubt you'll hit 100k by end of year.
Title: Re: Race from 10 to 100k!!
Post by: ASW on April 04, 2018, 05:55:13 PM
Thanks everyone!  Looking forward to getting to know you all this year.
Title: Re: Race from 10 to 100k!!
Post by: Epor on April 05, 2018, 08:43:27 AM
Hey guys,
First post.  31 years old, married with 3 young kids, single income (military family).  Had ~$150k combined student debt out of college, which took a few years to pay down.  Found MMM and got serious about finances in January 2018. 

Net worth (includes emergency fund, misc. cash, retirement accounts, and other investments):
1/1/2018: $38,800
2/1/2018: $49,800 (used tax refund to pay off family car - now debt free)
3/1/2018: $55,707
4/1/2018 : $64,352 (sold second car)

We are hoping to get to $100k by the end of this year, but we are moving to a new state in a few weeks, so we may have a couple expensive months getting set up.  Our spreadsheet indicates that we don't have a lot of wiggle room if we want to achieve this goal by then (unless we get some help from the stock market).

Glad to be doing this with all of you!

This is really awesome! How are you adjusting to be a one-car family? It takes guts to downsize like that. Congrats!

Title: Re: Race from 10 to 100k!!
Post by: ASW on April 05, 2018, 11:58:55 AM
Hey guys,
First post.  31 years old, married with 3 young kids, single income (military family).  Had ~$150k combined student debt out of college, which took a few years to pay down.  Found MMM and got serious about finances in January 2018. 

Net worth (includes emergency fund, misc. cash, retirement accounts, and other investments):
1/1/2018: $38,800
2/1/2018: $49,800 (used tax refund to pay off family car - now debt free)
3/1/2018: $55,707
4/1/2018 : $64,352 (sold second car)

We are hoping to get to $100k by the end of this year, but we are moving to a new state in a few weeks, so we may have a couple expensive months getting set up.  Our spreadsheet indicates that we don't have a lot of wiggle room if we want to achieve this goal by then (unless we get some help from the stock market).

Glad to be doing this with all of you!

This is really awesome! How are you adjusting to be a one-car family? It takes guts to downsize like that. Congrats!

We are lucky to live close to most everything we need, so one car hasn’t been a problem. We already had bikes and a bike trailer, so we have been able to scale back our driving to once a week or so (Costco, museum, sporting event, etc). My commute is under two miles, and it will be about the same after our move. 
Getting the tax refund and selling the second car have given us some quick gains, but our pace should slow down to ~$3k per month.
Title: Re: Race from 10 to 100k!!
Post by: FIRE-ing in the UK on April 06, 2018, 03:58:33 PM
Congrats to everyone who graduated to next thread!

Quarterly update from this end (liquid / total net worth)
Jan: £41,916 / £348,747
April: £52,627 / £372,377

Would love to get to £100,000 in the next two years but more likely to take three. It just feels soooo far away.

Title: Re: Race from 10 to 100k!!
Post by: lampstache on April 11, 2018, 08:00:37 PM
1/2017   - 34,633
2/2017   - 40,740
3/2017   - 41,346
5/2017   - 41,840
6/2017   - 45,227
7/2017   - 45,862
8/2017   - 47,377
9/2017   - 47,669
10/2017 - 50,397
11/2017 - 52,228
12/2017 - Missed this month. I blame our newborn!
1/2018   - 56,928
2/2018   - 56,241
3/2018   - 57,176
4/2018   - 60,386
Title: Re: Race from 10 to 100k!!
Post by: lexde on April 13, 2018, 05:21:01 AM
Hi everyone! First post in this thread and I’m kind of amazed I’m even here. 100k seems so daunting. I have no idea what my goal timeline should look like to reach 100k NW. My NW seems to be climbing at about 2.5k per month on a 70k salary. At that rate, I’m looking at 40 months (3.34 years) but I feel like compounding should help significantly with that once I start to get some momentum going. So I’ll aim for 100k in 24 months as a stretch goal!

(https://uploads.tapatalk-cdn.com/20180315/358196f33f621eb95ecb2b245e83d81d.jpg)

3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32. -- Big jump in net worth this month despite having some huge setbacks. The increased income this month was from cashing out Amex points to IRA + employer 401(k) match for last year hitting my account. I would have gotten them anyway, but am just grateful that my net worth still jumped despite the horrible start to this month finding out my SO of 4 years was cheating and having to move on zero notice and furnish an apartment from scratch.
Title: Re: Race from 10 to 100k!!
Post by: Tass on April 13, 2018, 08:53:22 AM
Oh lexde that's awful! I'm glad you had the financial stability to handle it in the best way for you - but still sorry to hear it.
Title: Re: Race from 10 to 100k!!
Post by: M5 on April 13, 2018, 10:27:20 AM
Just graduated from the previous thread! Like a few others on here our NW seems to climb around 2-2.5k per month, so it'll be nice to have others in a similar situation. We don't own our primary residence and are only using the equity from our rental property and our liquid investments for our NW calculations.

3/15/18: $12,315.65
4/2/18: $12,849.33     not great improvement this time. bought plane tickets, vehicle registration, etc and dipping markets.
4/13/18: $14,324.67
Title: Re: Race from 10 to 100k!!
Post by: Serendip on April 13, 2018, 03:53:07 PM
Oh lexde that's awful! I'm glad you had the financial stability to handle it in the best way for you - but still sorry to hear it.

Agree with Tass..awful but thank goodness you are on top of things. Best of luck moving forward @lexde !

On the gauntlet side of things :
My net worth didn't really grow this month due to owing extra for taxes..thankfully I had the money to cover this and will see if I can make at least a small gain to report before the end of the month.
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on April 15, 2018, 01:06:16 PM
@lexde that blows. I'm sorry to hear you're dealing with that. Glad to see your net worth is still rocking upward.

Mid-month update:

10/31/17: $7,686
11/30/17: $18,654
12/31/17: $24,407
1/31/18: $35,314
2/28/18: $42,150
3/30/18: $45,528
4/15/18: $47,409
Title: Re: Race from 10 to 100k!!
Post by: UnexpectedExpenseExpector on April 27, 2018, 01:50:11 AM
Hey all!  I'm in!

Background: I'm 33.  My bride and I have been married for 4 years and currently have 2 children with baby number 3 expected in July.  We've been pretty frugal since the beginning of marriage out of necessity due to starting married life with combined student loan debt of $130,442.94.  I was very into Dave Ramsey prior to meeting my wife, and she was on board with getting out of debt when we got married and combined our finances.  We've been attacking the debt like crazy whenever we are not expecting a new little human and hopefully we will be able to claim debt freedom in 2019! 

Since it is my first post here I thought I would share the full monthly tracking thus far on our journey and hopefully some others will find it motivational or helpful.  If not please ignore my ramblings.  So without further delay..

2014
Jan: (129,703.05)
Feb: (127,746.46)
Mar: (126,954.96)
Apr: (125,962.65) (Baby #1 discovered to be gestating!)
May: (125,133.32)
Jun: (124,129.06) (Noticing there would be an extra mouth at the table during meal times I decided to float the resume in June and discovered a company willing to pay me 46% more than I was previously making)*
Jul: (123,013.92)
Aug: (121,844.95)
Sep: (120,792.34)
Oct: (118,271.42)
Nov: (117,923.50)
Dec: (116,441.29)

2015
Jan: (115,355.51)  (Baby #1 arrived this month!!)
Feb: (109,852.25)  (Since birth was normal with no complications we were able to reclaim a pile of savings and blast the debt.  We paid off 2 and a half loans this month. Fun!)
Mar: (107,412.93)
Apr: (103,171.56)
May: (101,980.96)
Jun: (95,096.99)  (This little jump was due to switching to YNAB from spreadsheets and the checking account balance started getting tracked)
Jul: (93,896.20) 
Aug: (92,590.26)
Sep: (92,030.22)
Oct: (87,217.98)
Nov: (87,373.87) (One of my wife's good friends got married, we cash flowed the trip. First month of married life where we did not end wealthier than we'd ever been...)
Dec: (83,899.96) (Back on track!) (Due to some drama at my wife's job and knowing that 100% of her pay was going toward debt reduction, we decided to FIRE her.  This would not have been possible with our initial level's of debt.)

2016
Jan: (82,545.00)
Feb: (82,683.59) (Had discussed with wife that our car repair savings was getting hefty and maybe we should slow down saving there... Car 1 went in for oil change, also needed brakes... Car 2's alternator failed a few days later... bye bye car repair savings... but that's why it was there)
Mar: (80,800.29) (Also Baby #2 discovered to be gestating)
Apr: (79,571.19) (On road trip to another wedding with now again pregnant bride noticed back seat of 5 passenger vehicle would only physically support 2 car seats, began saving this month for most likely need for 3 car seat supporting vehicle)
May: (25,718.53)**
Jun: (21,410.86)
Jul: (18,479.20)
Aug: (11,902.38)
Sep: (8,858.50)
Oct: (8,479.81) (Welcome baby #2!)
Nov: 131,47 (Welcome positive net worth!!)
Dec: 3,597.46

2017
Jan: 2,693.77 (Hello baby #2 hospital bills)
Feb: 6,133.17 (Now that those are taken care of ^)
Mar: 8501.30
Apr: 11,006.11 (0 - 10k achieved!)***
May: 11,397.26
Jun: 16,216.09
Jul: 23,716.66
Aug: 26,095.72
Sep: 30,643.51
Oct: 34,061.55 (Baby #3 discovered!)
Nov: 38,850.30
Dec: 43,056.75 (Began watching market for new to us family vehicle)

2018
Jan: 48,429.84
Feb: 39,863.96 (Acquired new to us mini-van at low end of our price range and at low end of mileage for vehicles in our price range)
Mar: 44,139.97 (Onward!)

At this point for net worth I am tracking all our liquid assets.  We do not yet have a house so we're still renting.  Once baby #3 arrives will will continue aggressively paying down the remainder of the student loan debt and then further develop our stash for the eventual home purchase and FIRE date.  Sorry this is so long!  In future updates I will only post the months which are applicable to this race!

I'm looking forward to hearing more about other's successes and being able to cheer everyone on! 




*New company paid bi-weekly instead of semi-monthly resulting in glorious 3 paycheck months. Despite that we continued living on 2 paychecks per month allowing for fun pay down months where an entire paycheck could go toward debt.

**Unfortunately due to health issues my father is considered permanently disabled.  Silver lining the parent loans he took out in his name for my undergrad were forgiven (~21k windfall for our balance sheet). Also, started tracking IRA balances with NW (they were ~27k at the time).  Why had I not done this before?! Also also, this was the month I discovered MMM after a co-worker mentioned in conversation I should check him out because of the way I talked.  After a few hours of binge reading past blog posts, I decided that was a compliment, and that we had room for improvement with our finances.

***First 140k down....
Title: Re: Race from 10 to 100k!!
Post by: Trifle on April 27, 2018, 04:28:25 AM
Hey all!  I'm in!
<snip>

Welcome aboard @UnexpectedExpenseExpector !  Love the tracking you've done.  You'll fit right in here; you have found your tribe, sir.   Congrats on your arrival this summer!
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on April 27, 2018, 08:40:18 AM
Oct 2017 EUR 13400,-
Nov 2017 EUR 13900,- (+500)
Dec 2017 EUR 14300,- (+400)
Jan 2018 EUR 16000,- (+1700)
Feb 2018 EUR 17050,- (+1050)
Mar 2018 EUR 17300,- (+250)
Apr 2018 EUR 18600,- (+1300)

Stocks going up again jihaaaa!


Title: Re: Race from 10 to 100k!!
Post by: Steeze on April 27, 2018, 08:15:08 PM
Count us in!

Haven't been tracking monthly - but will start now. Hit 0$ NW in Nov. 2017. Year end goal is 100k (with help from DW)! Good luck all!!
May 2018: $55,766
Title: Re: Race from 10 to 100k!!
Post by: repman on April 29, 2018, 12:40:11 PM
Nov 2017     65.000€
Dez 2017     69.000€  a frugal month and a christmas paycheck !
Jan  2018     73100€
Feb  2018     74100€
Mar  2018     57300€  some expanses and bad investment decisions
Apr 2018      58800€
May 2018      62285€

Don't forget to enter data into the column on the right side of the speadsheet!
https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?pref=2&pli=1#gid=0
Title: Race from 10 to 100k!!
Post by: lexde on April 30, 2018, 07:28:16 AM
Hi everyone! First post in this thread and I’m kind of amazed I’m even here. 100k seems so daunting. I have no idea what my goal timeline should look like to reach 100k NW. My NW seems to be climbing at about 2.5k per month on a 70k salary. At that rate, I’m looking at 40 months (3.34 years) but I feel like compounding should help significantly with that once I start to get some momentum going. So I’ll aim for 100k in 24 months as a stretch goal!

(https://uploads.tapatalk-cdn.com/20180315/358196f33f621eb95ecb2b245e83d81d.jpg)

3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70 — rolling with the punches and still coming out ahead. I’m scared to tally up what the move cost me, but I’m glad I cashed out my Amex points to pad my IRA and net worth for this month.

I don’t think I’m going to get to kill my loans as quickly as I’d like to (goal was 12/31/18, with 18k left to go) but I’m not going to quit. May will also be a tight month until I pad my checking account again but it will be okay!
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on April 30, 2018, 07:51:25 AM
November 2017 - $10,267
December 2017 - $11,208
January 2018 - $10,713
February 2018 - $11,869
March 2018 - $14,175

April 2018 - $14,330

I currently have a chunk of money tied up in security deposits.  We're moving in May, and I had to put down the security deposit for the new place.  Meanwhile, I won't get my old security deposit back until sometime in June.  So just a small increase this month. 
Title: Re: Race from 10 to 100k!!
Post by: ingrownstudentloans on April 30, 2018, 10:37:29 AM
6/1/2017   $44,119
7/1/2017   $46,553
8/1/2017   $48,477
9/1/2017   $51,618
10/1/2017 $55,740
11/1/2017  $60,079 (will slow down through EOY as 401K is now maxed)
12/1/2017 $62,686.85
1/1/2018 $67,210.81 (excited to start 401K contributions back up)
2/1/2018 $76,267.84
3/1/2018 $83,679.47 (stretch goal of June for graduation - fingers crossed)
4/1/2018 $84,367.47 (market hurt me this month - June is probably not going to happen now, oh well)
5/1/2018 $95,369.27 (profit-share 401k contribution finally hit - brought me back on target for june graduation)
Title: Re: Race from 10 to 100k!!
Post by: Tass on April 30, 2018, 10:54:53 AM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k

Apr 18: $16.6k including ~$400 unintentional autopayment currently in limbo between accounts

My investments hit $10k this month! That was exciting. Some of the jump this month was due to reimbursements from previous months coming through, which is artificially inflating my savings rate (53%!!).
Title: Re: Race from 10 to 100k!!
Post by: Serendip on April 30, 2018, 11:17:13 AM
Dec 18/17    18,146
Jan 19/18     23,607
Feb 20/18     27,000
Mar 31/18     29,008
Apr 30/18     31,290   

 *I owed more than anticipated for taxes-so an extra $3400 went towards that, now the next month or two will be slow due to workplace renovations--but will  keep slowly adding as I am able to :)
Title: Re: Race from 10 to 100k!!
Post by: L2 on May 01, 2018, 06:40:17 AM
I am in! The goal is to get to 100k net worth by the end of 2018. Currently at ~21k. I have been pretty good at my goals so far. Starting out after college in Dec. 2013, I believe I had about a negative net worth of 65k. My first financial goal was to get a net worth of zero by the time I received my tax refund this year and I hit it at the end of January. My second goal was to have my private student loan (6.6%) paid off by the end of July. I made it at the end of June. Next I am hoping to have the car paid off by the end of the year. Currently have a 10k balance left on that loan.

My soft goal for the end of 2017 is 35k in net worth, only because I think I'll need it to be close to that to meet the 100k goal at the end of 2018. I have not done any hard calcs at this point, but in the mean time, I should be getting annual raises of approx. 5k beginning 11/1 for 2017 and 2018. I will also be maxing out my 401k in 2018 and hopefully the ROTH IRA as well.

So I am currently at ~30,900 net worth. I've been averaging about a 2k increase per month and I've got an extra paycheck coming in for December as there will be 3 pay periods. I should be between 37-38k net worth by the end of the year. I've got a raise coming effective 11/1, but I have not been communicated the amount yet.

I've cut almost 3k in annual expenses in the past few months. Moved to a nicer, more convenient, and cheaper apartment (farther away from city center, which I don't need anymore) that will save me $87 a month. In moving there and an acquisition by my firm, I will be driving approximately 10 miles round trip a day rather than 60. Rough estimates have that at about $100 a month in gas savings. My firm is also adding a HDHP plan, which I do not know the exact details yet, but I'm guessing this will be about 1/2 the cost of the low deductible plan (estimated savings of 50/month).

I have not ran the hard numbers yet as exact figures aren't determined, but my goal of 100k NW by the end of 2018 is going to come really close. I'd guess I'm looking at being more towards 10-15k short without any gains/raise coming next year/potential promotion. Here is a question for my fellow cohorts - I have about a 5k vested pension at my previous employer. I'm going to check to see if there is any way I can roll that over into a 401k/IRA this coming week. Either way, would you include that in your net worth calc? I'm younger so pensions are not a familiar topic for me. I've read being vested means that its guaranteed to me no matter what, but I've heard of plenty of people losing their pensions (albeit not knowing specific circumstances).

Now that year end is basically here I took some time to run my numbers.

Current NW: 46,289.93
2018:
Student loan payments decreasing principal: 1,933.56
ROTH IRA Contribution on 1/1 (with 7% return estimated: 5,885
401k Contributions (with estimated DCA of 3.5% return): 19,147.50
Deferred 2017 401k employer match: 458
401k employer match (with estimated DCA of 3.5% return): 2,000
2017 tax refund estimate (with 1% Ally interest): 2,020
Addition to savings (for house downpayment):18,379.42
Estimated previous employer retirement plan increase: 500
Estimated increase in paychecks due to lower w/h from tax reform: 1,500.
Estimated increase to 2017 YE 401k balance (assuming 7%): 1273.09
Estimated increase to 2017 YE Roth balance (assuming 7%): 424.41

12/31 2018 NW estimate: $99,780.91. So it's going to be VERY close. There will certainly be some unexpected costs that creep up such as smaller medical/dental costs, registrations, licenses, car maintenance/repairs, etc. Getting there is going to heavily count on the stock market getting at least average returns. I'm working hard towards a promotion that would go into effect 11/1/18, which would hopefully net me about another 1k before 2018 YE. I also have multiple ways to get bonuses at work, albeit normally in smaller increments. I believe I already have close to 1k gross coming my way. Let's get it!
One month into 2018 and the new NW is 51,349 (with some help from the market) with an end of year projection now of $101,092. Woo hoo! I would still like to come up with another few thousand to play it safe as there will certainly be expenses come up that I don't really budget for such as medical/dental, car maintenance, registration renewals, etc.
End of month NW: 56,190.70
End of year projection: 98,691.13

Had quite a few things going on this month...ended a relationship of 3 years, girlfriend moved out. Rent went up $350 a month as a result.
Bought some furniture off of ex that she owned.
Had to purchase some necessities for the apartment to make up for what ex took.
Stock market...bleh.
Bogus Uber charge of $234 that I'm still fighting.

I'm still feeling good about meeting my goal as I should have at least ~4k of extra income coming my way from various sources. Also going to concentrate on being more frugal than normal this month to help catch up. Shouldn't be too hard as I'm going to be spending  a lot of time at work anyways (tax season).
End of March NW: 60,017.55
End of 2018 projection: 98,683.37

The good - decided to take some of my house down payment savings and use it for some bank account churning (+650). Got project sale bonuses approved (+ approx 1500). Kept discretionary everyday spending down by about $300 from average.
The bad - realized I didn't remove my tax refund from my projection last month, so it was overstated by approx. 2,400. Then of course the stock market didn't really cooperate this month either. I believe I basically contributed 1,400 to 401k this month and the end of month balance is basically only 700 higher than the beg. of month balance.

End of April NW: 65,600
End of 2018 projection: 99,880 (ugh..so close!)

I spent more then normal this month, but a lot of it was worth it in my mind. Planning vacation, reconnecting with old friends, dating, etc. Made good progress with extra income this month - $1,900 side income and $1,600 work bonus. Also saved $17/month on internet and more than doubled my speed at the same time. Gotta keep hustling..and it would be nice if the stock market would help some.
Title: Re: Race from 10 to 100k!!
Post by: dutty on May 01, 2018, 07:08:14 AM
Back to reality for me this month. Although I noticed my stock investments have grown by £500, I am unsure if I want to start including this in the monthly update because it means I would have to get in the habit of checking every month but I would rather check once a year.

Quote
05/17   £1020
06/17   £470      (-£550 ~ -50%)
07/17   £1,590   (+£1,120 ~ +340%)
08/17   £2,080   (+£490   ~ +30%)
09/17   £7,250   (+£5,170 ~ +350%)
10/17   £12,000  (+£4,750 ~ +65%)
11/17   £12,360  (+£360 ~ +3%)
12/17   £10,800  (-£1,560 ~ -17%)
01/18   £21,300  (+£10,500 ~ +97%)
02/18   £25,500  (+£4,200 ~ +20%)
03/18   £48,800  (+£23,300 ~ +91%)
04/18  £50,616 (+£1,816 ~ +4% )


Title: Re: Race from 10 to 100k!!
Post by: ASW on May 01, 2018, 07:18:42 AM
1/1/2018: $38,800
2/1/2018: $49,800
3/1/2018: $55,707
4/1/2018: $64,352
5/1/2018: $68,097

Weird month, but could have been worse.  We are in the process of moving, which was great because we sold a bunch of useless stuff (~$1k), but we've been treating ourselves a little more as we say goodbye to all the cool restaurants in this town.  Also, our kitchen is packed up, so between now and this weekend, our cooking options are really limited.  I think the move itself is going to cost another ~$350 in gas, food, tolls, and hotels until we reach our new house.  Then there will be some restocking cost (perishable condiments, shower curtain liners, etc.), but that will be spread out over a couple of months. 

Also completed rolling all our investments to Vanguard from USAA.  Now it's organized like this:

His Roth IRA: VTSAX
Her Roth IRA: VTSAX
Her 401k: VTWSX
Emergency fund tier 1: Cash
Emergency fund tier 2: VWINX

We still have two 529s with USAA because they would have been difficult to move.  The expense ratio is comically high, so we aren't going to contribute to them anymore.

We are tentatively still on track to graduate by the end of the year, but it will be close.

Congrats to everyone who made progress, especially you Lexde!
Title: Re: Race from 10 to 100k!!
Post by: peppermint on May 01, 2018, 09:16:24 AM
01/2018: $40796.81
02/2018: $41337.51
03/2018: $42682.42
04/2018: $46138.41
05/2018: $48761.77
Title: Re: Race from 10 to 100k!!
Post by: zygote on May 01, 2018, 09:19:27 AM
Hello! I am new to MMM. I'm 28, recently married, and we maintain separate finances. The goal is to be in a strong financial position to maintain flexibility in the future, not necessarily RE. I have a job that I love with amazing benefits, so I am not in a hurry to retire. But as you all know, that could always change.

I have always lived below my means in that I have never held any debt, but I've never really saved. I was a grad student living on a lean stipend in a HCOL city until a year and a half ago. I'm still in the same HCOL city, but now I have a real salary, a defined contribution retirement plan, and access to 403b and 457 accounts.

Current net worth: $48,533.91
Breakdown below...
Cash: $17,747.04
Retirement plan: $18,702.39
403b: $679.16 (Just opened this 1/1/18)
Roth IRA: $11,736.04 (Did not open this until 2016 tax year)
Credit card: -$330.72 (Use this for normal expenses, pay off in full every month)

I was over $50k a week ago, but of course the stock market is going down at the moment. Shares on sale!

3/18: $48,533.91
4/18: $53,215.13
5/18: $55,433.65
Title: Re: Race from 10 to 100k!!
Post by: marielle on May 02, 2018, 03:41:11 AM
Feb 1: $10,935
Mar 1: $12,472
Apr 1: $13,644
May 1: $15,199

Might be going backwards soon because of hospital bills. When I called the insurance company they said they would cover the surgeon, hospital, and anesthesia for a tubal ligation with no deductible as long as everything was in network. I log in yesterday with my claim processed and it looks like I have to pay the deductible + 20%. Due to the ACA, it should be 100% covered as preventative, but apparently it's a grey area for the hospital and anesthesia. Because...those are apparently optional when getting a tubal ligation!? Sigh. Still cheaper than a kid I guess.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on May 02, 2018, 05:09:21 AM
I'm sorry you're having to deal with that @marielle .  I wonder if -- in my lifetime -- this country will finally get its shit together in terms of health insurance.  Good luck!
Title: Re: Race from 10 to 100k!!
Post by: repman on May 02, 2018, 07:45:55 AM
Our spreadsheet

Added a Year 2018 % Column + Fixed Chart (decriptions)
https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?pref=2&pli=1#gid=0

Please enter data only on the column on the right (you have to scroll) and not in the first column  (will override the formula)
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on May 03, 2018, 06:44:41 AM
Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

I'm looking forward to following everyone's progress. Good luck to us all!

Missed a month, but my net worth as of Nov 30th is $18,617.

As the year comes to a close, my next worth is up to $23,350.

Just updated my spreadsheet to record my paycheck. January ends with my networth up to $27,921.

With February officially in the books my net worth is sitting at $30,289.72. A pretty weak month compared to previous. Market losses along with some medical bills are the primary culprits.

Medical bills made March my least productive month in quite awhile, with only an increase of $1,438, leaving the ending balance at $31,728. My employer's quarterly HSA match came in. which represents almost half of the month's gain. My wife and I are expecting our first child in June, so I anticipate similar performance over the next few months... On a positive note, we've met our insurance deductible for the year, so the upcoming bills will be significantly less than they would have been otherwise.

April ends with my net worth sitting at $32,373.

A slooooow-growth month. The biggest dings were income taxes and a myriad of costs resulting for the early birth of my daughter.

Hoping for May to be more productive. Now that my daughter is here we have settled into a routine. Also, the hospital has been kind enough to provide us with a parking pass for the duration that my daughter will be there (probably until her original due date at the end of June), so that takes care of a fairly significant expense. We won't be eating out much either, as we did a bit the first week or so while we got our legs back underneath us. Not sure when the medical bills will start to hit, though...
Title: Re: Race from 10 to 100k!!
Post by: Trifle on May 03, 2018, 07:25:36 AM
Congrats on the birth of your daughter @Jim Fiction !  Though it sounds like it was a bit bumpy, here's hoping that everything turns out ok. 
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on May 03, 2018, 01:38:38 PM
Congrats on the birth of your daughter @Jim Fiction !  Though it sounds like it was a bit bumpy, here's hoping that everything turns out ok.

Thanks Trifele! So far so good. Baby is growing and making progress daily. There is still a long road ahead, but everyone on her medical team is very happy with how well she is doing.
Title: Re: Race from 10 to 100k!!
Post by: vertkurt on May 04, 2018, 08:04:40 AM
1/1= 14,705
2/1/18= 18,264
3/1/18= 21,225
4/1/18= 22,741
5/1/18= 26,020
Title: Re: Race from 10 to 100k!!
Post by: Serendip on May 04, 2018, 08:47:50 AM
Congrats on the birth of your daughter @Jim Fiction !  Though it sounds like it was a bit bumpy, here's hoping that everything turns out ok.

Thanks Trifele! So far so good. Baby is growing and making progress daily. There is still a long road ahead, but everyone on her medical team is very happy with how well she is doing.

Awesome news @Jim Fiction-- All the best with your little lady moving ahead!
Title: Re: Race from 10 to 100k!!
Post by: arob54600 on May 04, 2018, 09:35:50 AM
This is just my retirement investments and doesn't include emergency funds. Nor does this include my husbands savings. :)

November 17- 41195
December 17- 42526
January 18- 47966
February 18-47104
May 18 - 48521

I am a bank teller so my salary is pretty small. But I'm pretty impressed that I added 7000 dollars worth of investments in the last 7 months. It's a win for me!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on May 04, 2018, 10:18:04 AM
This is just my retirement investments and doesn't include emergency funds. Nor does this include my husbands savings. :)

November 17- 41195
December 17- 42526
January 18- 47966
February 18-47104
May 18 - 48521

I am a bank teller so my salary is pretty small. But I'm pretty impressed that I added 7000 dollars worth of investments in the last 7 months. It's a win for me!

Great job @arob54600
Title: Re: Race from 10 to 100k!!
Post by: lampstache on May 04, 2018, 12:31:41 PM
1/2017   - 34,633
2/2017   - 40,740
3/2017   - 41,346
5/2017   - 41,840
6/2017   - 45,227
7/2017   - 45,862
8/2017   - 47,377
9/2017   - 47,669
10/2017 - 50,397
11/2017 - 52,228
12/2017 - Missed this month. I blame our newborn!
1/2018   - 56,928
2/2018   - 56,241
3/2018   - 57,176
4/2018   - 60,386
5/2018   - 66,682
Title: Re: Race from 10 to 100k!!
Post by: Trifle on May 04, 2018, 04:14:46 PM
1/2017   - 34,633
2/2017   - 40,740
3/2017   - 41,346
5/2017   - 41,840
6/2017   - 45,227
7/2017   - 45,862
8/2017   - 47,377
9/2017   - 47,669
10/2017 - 50,397
11/2017 - 52,228
12/2017 - Missed this month. I blame our newborn!
1/2018   - 56,928
2/2018   - 56,241
3/2018   - 57,176
4/2018   - 60,386
5/2018   - 66,682

Great steady progress @lampstache !   Keep rockin' on!
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on May 05, 2018, 04:38:53 AM
Hi All!

Just graduated from the race to 10K thread and so setting my sights on the next level.

07.2017 - (£2,877)
08.2017 - (£1,852) = + £1,025
09.2017 - (£650) = + £1,202
10.2017 - £1,238 = + £1,888
11.2017 - £3,066 = + £1,178
12.2017 - £4,360 = + £1,294
01.2018 - £6,895 = + £2,535
02.2018 - £7,943 = + £1,048
03.2018 - £8,754 = + £811
04.2018 - £10,331 = + £1,577
05.2018 - £31,777 = + £21,446

I received an inheritance this month which has boosted my savings significantly.

Assets = £44,149
Student loans = (£12,372)

My goal for reaching £100K is August 2020.
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on May 05, 2018, 05:28:39 AM

Aug 15: 5327 (found MMM)
Jan 16: 12700
Jan 17: 31444
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Apr 18: 75766
May 18: 77414

The list was getting pretty long, so I've deleted everything but the current year's updates and the beginning of the previous years.
Title: Re: Race from 10 to 100k!!
Post by: katthjul on May 05, 2018, 09:43:06 AM
EOY 2014: €0
EOY 2015: €16,728
EOY 2016: €41,467
EOY 2017: €64,929
Jan 2018: €67,989
Feb 2018: €69,128
Mar 2018: €66,962
Apr 2018: €72,421

Been a few month since last update.
Title: Re: Race from 10 to 100k!!
Post by: martyconlonontherun on May 06, 2018, 10:35:57 AM
I'm crashing two threads and this will be my joint account. I like my personal one since it's easier to motivate myself then my wife, but it still nice seeing the change in combined NW/Investments which is what matters.

29dh/29dw
Combined 120k income
Midwest City

09/01/2017: $65k Investments/$59k Net Worth
10/01/2017: $68.3k Investments/$65.6k Net Worth
10/27/2017: $72k Investments/$70.5k Net Worth
12/4/2017: $76.5k Investments/$81.9k Net Worth
12/29/2017: $79.1k Investments/$84.8k Net Worth
1/26/2018: $87.k Investments/$84.1k Net Worth (Down due to property taxes and change in Zillow for house
2/23/2018: $87.5k Investments/$88.3k NW
Original Goal: graduate this thread by March with NW.
4/2/2018: $87.5k Investments/$95.3k Net Worth (Up due to Tax return)
5/6/2018: $92.1k Investments/$101.1k NW
Title: Re: Race from 10 to 100k!!
Post by: martyconlonontherun on May 06, 2018, 11:13:53 AM

Background:
Age: 29
"Switched" Careers at 25.
Started taking personal finances 'seriously' around 27 (aka actually saving money, 401k, etc).
Started taking personal finances seriously around 29
Salary gradually up to 65k, 68k as of End of 2017, 75k at beginning of CY18
Married but don't include house (equity/mortgage) or joint savings in these calculations since she's the boss, it gets messy with house equity/sweat equity ($40k total on a $170k house in May 17), and it will just be cherry on the top.
-Paid off car but not adding value of that in the calculation since its not worth more than a few Gs and requires maintenance
-4.5 years left of student loan payments I'm aggressively paying off/refinanced in January '17
-15 year mortgage in May '17
-Not including 529 accounts-Only a few hundred now, but it will be going to Godchildren/my future children so not my money in my eyes.

January 2016-
($45k) Student Debt
($2k) Personal CC Debt
$8k 401k
NW: ($38k)

NW April 2016: ($34K)
July 2016: ($28.4k)
October 2016: ($22.6k)
January 2017: ($20.8k) (Refinanced loan and intransit payments not reflected)
April 2017: ($10.9k)
July 2017: ($5.7k)
August 2017: ($2.5k)
September 2017:(~$1.7k)
October 2017: $1.8k - $32k
November 2017: $4.5K - Investments ~$33.8k.
December 2017: $7.9K - Investments ~$37.8k.
January 2017: $11.4K - Investments ~$39.6k.
February 2018: $14.3K - Investments ~$43.9k.
March 2018: $16k - Investments ~$44.2k
Goal: 50k at end of year.
Hoping to increase 401k/IRA when the Sloans are paid off and hopefully some more salary. Realistic goal is to retire by 55 unless I really climb the corporate ladder.
  Beginning  April 2018: $17.1K - Investments ~$45.2k.
Beginning May 2018: $19.8k - Investments ~$47k
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on May 12, 2018, 08:15:38 AM
Missed the April end of month update. It wasn't a great month. Additional expenses will have lingering affects on asset growth for May.

10/31/17: $7,686
11/30/17: $18,654
12/31/17: $24,407
1/31/18: $35,314
2/28/18: $42,150
3/30/18: $45,528
4/30/18: $48,294
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on May 14, 2018, 05:55:50 PM
Congrats on the birth of your daughter @Jim Fiction !  Though it sounds like it was a bit bumpy, here's hoping that everything turns out ok.

Thanks Trifele! So far so good. Baby is growing and making progress daily. There is still a long road ahead, but everyone on her medical team is very happy with how well she is doing.

Awesome news @Jim Fiction-- All the best with your little lady moving ahead!

Thanks Seredip! Baby continues to exceed expections and is doing fantastic. we're hoping she may be able to come home early, in mid-June.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on May 15, 2018, 04:33:34 AM
Hi All!

Just graduated from the race to 10K thread and so setting my sights on the next level.

07.2017 - (£2,877)
08.2017 - (£1,852) = + £1,025
09.2017 - (£650) = + £1,202
10.2017 - £1,238 = + £1,888
11.2017 - £3,066 = + £1,178
12.2017 - £4,360 = + £1,294
01.2018 - £6,895 = + £2,535
02.2018 - £7,943 = + £1,048
03.2018 - £8,754 = + £811
04.2018 - £10,331 = + £1,577
05.2018 - £31,777 = + £21,446

I received an inheritance this month which has boosted my savings significantly.

Assets = £44,149
Student loans = (£12,372)

My goal for reaching £100K is August 2020.

Welcome Slanhirn!! 
Title: Re: Race from 10 to 100k!!
Post by: lexde on May 15, 2018, 05:48:29 AM
Hi everyone! First post in this thread and I’m kind of amazed I’m even here. 100k seems so daunting. I have no idea what my goal timeline should look like to reach 100k NW. My NW seems to be climbing at about 2.5k per month on a 70k salary. At that rate, I’m looking at 40 months (3.34 years) but I feel like compounding should help significantly with that once I start to get some momentum going. So I’ll aim for 100k in 24 months as a stretch goal!

[removed NW graph for quoting]

3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08 - I think I might hit 20K by the end of this month! Super exciting! I made an extra $1K student loan payment this morning to celebrate. :-)
Title: Re: Race from 10 to 100k!!
Post by: vertkurt on May 15, 2018, 02:18:54 PM
Congrats! You are making amazing progress lexde! I can't believe in 7 months my NW has gone up by 20k. People at work are starting to ask questions about how I bicycle to work every single day. This frugal nature may be rubbing off on some of my peers.
Title: Re: Race from 10 to 100k!!
Post by: adamsputnik on May 17, 2018, 03:24:02 PM
LOL, saving.

New tires and an out of pocket surgery took its toll. Creating some savings buckets to deal with this stuff so I have a little more safety there, and concentrating on saving for the next few months.

1/18/18 - 18,350.00
3/15/18 - 20,267.70
5/17/18 - 19,930.00

Title: Re: Race from 10 to 100k!!
Post by: Old Ball Coach on May 18, 2018, 08:31:48 PM
Hello all!

I've been using the 100k to 250k thread for a while, but it didn't feel right with the way I was calculating my net worth. I was including my home value  in it and that's not something that I would consider selling without having to replace with another big expense, so I've removed that but kept the mortgage in my net worth since I still have to pay that cost. Below are my new numbers.

April 2018 - $52,917.42
Title: Re: Race from 10 to 100k!!
Post by: aoedae on May 20, 2018, 02:44:45 AM
March 14 2018 - NW £41703.38
(Includes cash, S&S ISA, LISA, Pension)

May 19 2018 - NW £46049.16
(Includes cash, S&S ISA, LISA, Pension)

Not bad on a £26k pa job, in my opinion! :)
Title: Re: Race from 10 to 100k!!
Post by: grantmeaname on May 20, 2018, 08:08:41 AM
I think most of the financial damage from our move is done and I think we are worth $64,000, up from $50,000 at the very start of the year. It's hard to say what our monthly expenses are because we bought a bunch of things on our normal shopping trips that should not recur quickly (e.g., spices, new kitchen equipment, a trash can, a vacuum...) but I don't know if there is enough year left to get to $100k. We shall see.
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on May 25, 2018, 06:00:14 AM
Just got my salary and hit 20k for the first time today! Extra big jump this month as May means I get vacation money and I got a refund from my landlord.

Oct 2017 EUR 13400,-
Nov 2017 EUR 13900,- (+500)
Dec 2017 EUR 14300,- (+400)
Jan 2018 EUR 16000,- (+1700)
Feb 2018 EUR 17050,- (+1050)
Mar 2018 EUR 17300,- (+250)
Apr 2018 EUR 18600,- (+1300)
May 2018 EUR 21200,- (+2600)
Title: Re: Race from 10 to 100k!!
Post by: Serendip on May 29, 2018, 12:38:42 PM
Goals! heading towards 40,000 this summer.
 I am self-employed and my income varies greatly month to month but would love to reach that number by the end of August as well as saving up for a trip in September.

Dec 18/17    18,146
Jan 19/18     23,607
Feb 20/18     27,000
Mar 31/18     29,008
Apr 19/18     30,100
May 29/18    35,030
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on May 30, 2018, 03:21:46 AM
Thanks for the shout-out @Trifele ! :)

Here are the numbers for this month:

07.2017 - (£2,877)
08.2017 - (£1,852) = + £1,025
09.2017 - (£650) = + £1,202
10.2017 - £1,238 = + £1,888
11.2017 - £3,066 = + £1,178
12.2017 - £4,360 = + £1,294
01.2018 - £6,895 = + £2,535
02.2018 - £7,943 = + £1,048
03.2018 - £8,754 = + £811
04.2018 - £10,331 = + £1,577
05.2018 - £31,777 = + £21,446 (received an inheritance)
06.2018 - £33,386 = + £1,609

Assets = £45,367
Student loans = (£11,981)



Title: Re: Race from 10 to 100k!!
Post by: Steeze on May 30, 2018, 07:59:57 PM
Count us in!

Haven't been tracking monthly - but will start now. Hit 0$ NW in Nov. 2017. Year end goal is 100k (with help from DW)! Good luck all!!
May 2018: $55,766
June 1 2018 - $60,028
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on May 30, 2018, 10:57:57 PM
About to close out May by hitting the 70k mark.  Not bad, I'm up more than 25k from this time last year.  Plan was to attempt to get to 100k by the end of 2018, but that's not looking likely, should get pretty close though unless the market tanks. 
Title: Re: Race from 10 to 100k!!
Post by: ingrownstudentloans on May 31, 2018, 07:31:17 AM
6/1/2017   $44,119
7/1/2017   $46,553
8/1/2017   $48,477
9/1/2017   $51,618
10/1/2017 $55,740
11/1/2017  $60,079 (will slow down through EOY as 401K is now maxed)
12/1/2017 $62,686.85
1/1/2018 $67,210.81 (excited to start 401K contributions back up)
2/1/2018 $76,267.84
3/1/2018 $83,679.47 (stretch goal of June for graduation - fingers crossed)
4/1/2018 $84,367.47 (market hurt me this month - June is probably not going to happen now, oh well)
5/1/2018 $95,369.27 (profit-share 401k contribution finally hit - brought me back on target for june graduation)
5/31/2018 $100,519.07 (in IRA/401K/Taxable accounts....see you all on the other side)
Title: Re: Race from 10 to 100k!!
Post by: lexde on May 31, 2018, 07:33:34 AM
Hi everyone! First post in this thread and I’m kind of amazed I’m even here. 100k seems so daunting. I have no idea what my goal timeline should look like to reach 100k NW. My NW seems to be climbing at about 2.5k per month on a 70k salary. At that rate, I’m looking at 40 months (3.34 years) but I feel like compounding should help significantly with that once I start to get some momentum going. So I’ll aim for 100k in 24 months as a stretch goal!

[removed NW graph for quoting]

3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06 — hit $20k milestone!
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on May 31, 2018, 09:39:02 AM
End of May update

10/31/17: $7,686
11/30/17: $18,654
12/31/17: $24,407
1/31/18: $35,314
2/28/18: $42,150
3/30/18: $45,528
4/30/18: $48,294
5/31/18: $51,805
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on May 31, 2018, 10:06:56 AM
November 2017 - $10,267
December 2017 - $11,208
January 2018 - $10,713
February 2018 - $11,869
March 2018 - $14,175
April 2018 - $14,330

May 2018 - $14,592

Another small increase, but hey, I'll take it.  I paid a big dental bill this month, moved, paid extra rent, and still managed to improve the ol' net worth.  Back to normal saving next month!  I'm ready for these big expenses to be done for the year.  (Uhhhh, knock on wood.)
Title: Re: Race from 10 to 100k!!
Post by: repman on May 31, 2018, 01:31:14 PM
Nov 2017     65.000€
Dez 2017     69.000€  a frugal month and a christmas paycheck !
Jan  2018     73100€
Feb  2018     74100€
Mar  2018     57300€  some expanses and bad investment decisions
Apr 2018      58800€
May 2018      62285€
June 2018     65500€

Don't forget to enter data into the column on the right side of the speadsheet!
https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?pref=2&pli=1#gid=0
Title: Re: Race from 10 to 100k!!
Post by: Old Ball Coach on May 31, 2018, 03:32:35 PM
This includes all our retirement and personal accounts for assets. It includes our credit cards, student loan, and mortgage for liabilities. It DOES NOT include our home value.

April 2018 - $52,917.42
May 2018  - $58,400.19 Nice month in the market and paying down credit cards.
Title: Re: Race from 10 to 100k!!
Post by: Tass on May 31, 2018, 08:50:08 PM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k

May 18: $17.7k

Slowing back down without tax returns and third paychecks to dump straight into investments, but I'm still pleased with this progress. I had to spend $370 on a summer class that will be reimbursed to me only after I pass, but even including that spending my savings rate was 43%.

As of this month, I have funded 10 days of not working every year forever (when calculating as generously as possible). 355 to go.
Title: Re: Race from 10 to 100k!!
Post by: Tass on May 31, 2018, 08:51:47 PM
6/1/2017   $44,119
7/1/2017   $46,553
8/1/2017   $48,477
9/1/2017   $51,618
10/1/2017 $55,740
11/1/2017  $60,079 (will slow down through EOY as 401K is now maxed)
12/1/2017 $62,686.85
1/1/2018 $67,210.81 (excited to start 401K contributions back up)
2/1/2018 $76,267.84
3/1/2018 $83,679.47 (stretch goal of June for graduation - fingers crossed)
4/1/2018 $84,367.47 (market hurt me this month - June is probably not going to happen now, oh well)
5/1/2018 $95,369.27 (profit-share 401k contribution finally hit - brought me back on target for june graduation)
5/31/2018 $100,519.07 (in IRA/401K/Taxable accounts....see you all on the other side)

A month earlier than your stretch goal! Congratulations!
Title: Re: Race from 10 to 100k!!
Post by: L2 on June 01, 2018, 06:26:02 AM
I am in! The goal is to get to 100k net worth by the end of 2018. Currently at ~21k. I have been pretty good at my goals so far. Starting out after college in Dec. 2013, I believe I had about a negative net worth of 65k. My first financial goal was to get a net worth of zero by the time I received my tax refund this year and I hit it at the end of January. My second goal was to have my private student loan (6.6%) paid off by the end of July. I made it at the end of June. Next I am hoping to have the car paid off by the end of the year. Currently have a 10k balance left on that loan.

My soft goal for the end of 2017 is 35k in net worth, only because I think I'll need it to be close to that to meet the 100k goal at the end of 2018. I have not done any hard calcs at this point, but in the mean time, I should be getting annual raises of approx. 5k beginning 11/1 for 2017 and 2018. I will also be maxing out my 401k in 2018 and hopefully the ROTH IRA as well.

So I am currently at ~30,900 net worth. I've been averaging about a 2k increase per month and I've got an extra paycheck coming in for December as there will be 3 pay periods. I should be between 37-38k net worth by the end of the year. I've got a raise coming effective 11/1, but I have not been communicated the amount yet.

I've cut almost 3k in annual expenses in the past few months. Moved to a nicer, more convenient, and cheaper apartment (farther away from city center, which I don't need anymore) that will save me $87 a month. In moving there and an acquisition by my firm, I will be driving approximately 10 miles round trip a day rather than 60. Rough estimates have that at about $100 a month in gas savings. My firm is also adding a HDHP plan, which I do not know the exact details yet, but I'm guessing this will be about 1/2 the cost of the low deductible plan (estimated savings of 50/month).

I have not ran the hard numbers yet as exact figures aren't determined, but my goal of 100k NW by the end of 2018 is going to come really close. I'd guess I'm looking at being more towards 10-15k short without any gains/raise coming next year/potential promotion. Here is a question for my fellow cohorts - I have about a 5k vested pension at my previous employer. I'm going to check to see if there is any way I can roll that over into a 401k/IRA this coming week. Either way, would you include that in your net worth calc? I'm younger so pensions are not a familiar topic for me. I've read being vested means that its guaranteed to me no matter what, but I've heard of plenty of people losing their pensions (albeit not knowing specific circumstances).

Now that year end is basically here I took some time to run my numbers.

Current NW: 46,289.93
2018:
Student loan payments decreasing principal: 1,933.56
ROTH IRA Contribution on 1/1 (with 7% return estimated: 5,885
401k Contributions (with estimated DCA of 3.5% return): 19,147.50
Deferred 2017 401k employer match: 458
401k employer match (with estimated DCA of 3.5% return): 2,000
2017 tax refund estimate (with 1% Ally interest): 2,020
Addition to savings (for house downpayment):18,379.42
Estimated previous employer retirement plan increase: 500
Estimated increase in paychecks due to lower w/h from tax reform: 1,500.
Estimated increase to 2017 YE 401k balance (assuming 7%): 1273.09
Estimated increase to 2017 YE Roth balance (assuming 7%): 424.41

12/31 2018 NW estimate: $99,780.91. So it's going to be VERY close. There will certainly be some unexpected costs that creep up such as smaller medical/dental costs, registrations, licenses, car maintenance/repairs, etc. Getting there is going to heavily count on the stock market getting at least average returns. I'm working hard towards a promotion that would go into effect 11/1/18, which would hopefully net me about another 1k before 2018 YE. I also have multiple ways to get bonuses at work, albeit normally in smaller increments. I believe I already have close to 1k gross coming my way. Let's get it!
One month into 2018 and the new NW is 51,349 (with some help from the market) with an end of year projection now of $101,092. Woo hoo! I would still like to come up with another few thousand to play it safe as there will certainly be expenses come up that I don't really budget for such as medical/dental, car maintenance, registration renewals, etc.
End of month NW: 56,190.70
End of year projection: 98,691.13

Had quite a few things going on this month...ended a relationship of 3 years, girlfriend moved out. Rent went up $350 a month as a result.
Bought some furniture off of ex that she owned.
Had to purchase some necessities for the apartment to make up for what ex took.
Stock market...bleh.
Bogus Uber charge of $234 that I'm still fighting.

I'm still feeling good about meeting my goal as I should have at least ~4k of extra income coming my way from various sources. Also going to concentrate on being more frugal than normal this month to help catch up. Shouldn't be too hard as I'm going to be spending  a lot of time at work anyways (tax season).
End of March NW: 60,017.55
End of 2018 projection: 98,683.37

The good - decided to take some of my house down payment savings and use it for some bank account churning (+650). Got project sale bonuses approved (+ approx 1500). Kept discretionary everyday spending down by about $300 from average.
The bad - realized I didn't remove my tax refund from my projection last month, so it was overstated by approx. 2,400. Then of course the stock market didn't really cooperate this month either. I believe I basically contributed 1,400 to 401k this month and the end of month balance is basically only 700 higher than the beg. of month balance.

End of April NW: 65,600
End of 2018 projection: 99,880 (ugh..so close!)

I spent more then normal this month, but a lot of it was worth it in my mind. Planning vacation, reconnecting with old friends, dating, etc. Made good progress with extra income this month - $1,900 side income and $1,600 work bonus. Also saved $17/month on internet and more than doubled my speed at the same time. Gotta keep hustling..and it would be nice if the stock market would help some.
End of May NW: $73,816.57
End 2018 Projection: $103,127.81

Once again some above and beyond helping me this month: $700 from side income, $100 visa gift card for switching to AT&T, churning $200 from Discover Savings, prior employer retirement plan balance came in at $500 more than expected, and my employer deferred 401k match finally hit my account. June should be another nice rise as well as I don't have much in the way of extra curricular going on and it will be a 3 paycheck month.
Title: Re: Race from 10 to 100k!!
Post by: ASW on June 01, 2018, 06:56:28 AM
1/1/2018: $38,800
2/1/2018: $49,800
3/1/2018: $55,707
4/1/2018: $64,352
5/1/2018: $68,097
6/1/2018: $72,976

This was a very spendy month.  The only saving grace was that we got our security deposit back from our previous house, and so we were still able to make progress. 

@grantmeaname: Sounds like we are in a pretty similar situation.  I hope the financial damage from my move is mostly done as well.

Current projections have me around $98.5k at the end of the year, with a flat stock market.  So we'll see.   

Congrats to @ingrownstudentloans!
Title: Re: Race from 10 to 100k!!
Post by: peppermint on June 01, 2018, 09:01:23 AM
01/2018: $40796.81
02/2018: $41337.51
03/2018: $42682.42
04/2018: $46138.41
05/2018: $48761.77
06/2018: $51084.06

I know that a lot of people in this thread are gaining NW faster than I am, but I'm feeling pleased with my progress! I've been digging out of a hole and it feels good to be doing so.
Title: Re: Race from 10 to 100k!!
Post by: lexde on June 01, 2018, 09:25:00 AM
01/2018: $40796.81
02/2018: $41337.51
03/2018: $42682.42
04/2018: $46138.41
05/2018: $48761.77
06/2018: $51084.06

I know that a lot of people in this thread are gaining NW faster than I am, but I'm feeling pleased with my progress! I've been digging out of a hole and it feels good to be doing so.
Comparison is the thief of joy. :-)

Congrats on breaking 50k!! That’s super exciting!
Title: Re: Race from 10 to 100k!!
Post by: snoot on June 01, 2018, 10:53:42 AM
December 2017     65,258.51
January    2018     67,602.61   (+2344.1)
February  2018     72,789.82    (+5187.21)
March      2018     75,413.54    (+2623.72)
-----
June        2018      77,260.29   (+1846.75)

I missed posting for a few months, but jumping back in now!
Title: Re: Race from 10 to 100k!!
Post by: vertkurt on June 01, 2018, 11:07:44 AM
1/1= 14,705
2/1/18= 18,264
3/1/18= 21,225
4/1/18= 22,741
5/1/18= 26,020
6/1/18= 28,987
All investment values


Title: Re: Race from 10 to 100k!!
Post by: zygote on June 01, 2018, 11:47:43 AM
Hello! I am new to MMM. I'm 28, recently married, and we maintain separate finances. The goal is to be in a strong financial position to maintain flexibility in the future, not necessarily RE. I have a job that I love with amazing benefits, so I am not in a hurry to retire. But as you all know, that could always change.

I have always lived below my means in that I have never held any debt, but I've never really saved. I was a grad student living on a lean stipend in a HCOL city until a year and a half ago. I'm still in the same HCOL city, but now I have a real salary, a defined contribution retirement plan, and access to 403b and 457 accounts.

Current net worth: $48,533.91
Breakdown below...
Cash: $17,747.04
Retirement plan: $18,702.39
403b: $679.16 (Just opened this 1/1/18)
Roth IRA: $11,736.04 (Did not open this until 2016 tax year)
Credit card: -$330.72 (Use this for normal expenses, pay off in full every month)

I was over $50k a week ago, but of course the stock market is going down at the moment. Shares on sale!

3/18: $48,533.91
4/18: $53,215.13 (+4,681.22 - extra paycheck)
5/18: $55,433.65 (+2,218.52)
6/18: $57,041.95 (+1,572.27)

Not as much progress I would like this month. I booked some flights and rental cars for this summer, and various life crap had me eating out more than last month.

Oh well, onwards and upwards.
Title: Re: Race from 10 to 100k!!
Post by: Svoboda on June 01, 2018, 03:36:06 PM
Dec 17: 37,449
Jan 18: 40,439
Feb 18: 42,796
Mar 18: 44,219
Apr 18: 42,188
May 18: 46,097
June 18: 49,516
Title: Re: Race from 10 to 100k!!
Post by: peppermint on June 01, 2018, 04:26:41 PM
01/2018: $40796.81
02/2018: $41337.51
03/2018: $42682.42
04/2018: $46138.41
05/2018: $48761.77
06/2018: $51084.06

I know that a lot of people in this thread are gaining NW faster than I am, but I'm feeling pleased with my progress! I've been digging out of a hole and it feels good to be doing so.
Comparison is the thief of joy. :-)

Congrats on breaking 50k!! That’s super exciting!

Thanks lexde! Good luck on your financial journey too :)
Title: Re: Race from 10 to 100k!!
Post by: katthjul on June 02, 2018, 12:18:12 AM
EOY 2014: €0
EOY 2015: €16,728
EOY 2016: €41,467
EOY 2017: €64,929
Jan 2018: €67,989
Feb 2018: €69,128
Mar 2018: €66,962
Apr 2018: €72,421
May 2018: €75,002

Have had a few large purchases this month. Also putting away money for a trip later this year.
Title: Re: Race from 10 to 100k!!
Post by: dutty on June 04, 2018, 05:33:57 AM
I've just returned from a 2 week holiday in Japan, so high expenses and low earnings last month.

Quote
05/17   £1020
06/17   £470      (-£550 ~ -50%)
07/17   £1,590   (+£1,120 ~ +340%)
08/17   £2,080   (+£490   ~ +30%)
09/17   £7,250   (+£5,170 ~ +350%)
10/17   £12,000  (+£4,750 ~ +65%)
11/17   £12,360  (+£360 ~ +3%)
12/17   £10,800  (-£1,560 ~ -17%)
01/18   £21,300  (+£10,500 ~ +97%)
02/18   £25,500  (+£4,200 ~ +20%)
03/18   £48,800  (+£23,300 ~ +91%)
04/18  £50,616   (+£1,816 ~ +4%)
05/18  £50,200 (-£416 ~ -1% )
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on June 04, 2018, 01:19:23 PM
Aug 15: 5327 (found MMM)
Jan 16: 12700
Jan 17: 31444
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Apr 18: 75766
May 18: 77414
Jun 18: 81980

I can smell the stables!
Title: Re: Race from 10 to 100k!!
Post by: martyconlonontherun on June 05, 2018, 08:06:55 AM


Background:
Age: 29
"Switched" Careers at 25.
Started taking personal finances 'seriously' around 27 (aka actually saving money, 401k, etc).
Started taking personal finances seriously around 29
Salary gradually up to 65k, 68k as of End of 2017, 75k at beginning of CY18
Married but don't include house (equity/mortgage) or joint savings in these calculations since she's the boss, it gets messy with house equity/sweat equity ($40k total on a $170k house in May 17), and it will just be cherry on the top.
-Paid off car but not adding value of that in the calculation since its not worth more than a few Gs and requires maintenance
-4.5 years left of student loan payments I'm aggressively paying off/refinanced in January '17
-15 year mortgage in May '17
-Not including 529 accounts-Only a few hundred now, but it will be going to Godchildren/my future children so not my money in my eyes.

January 2016-
($45k) Student Debt
($2k) Personal CC Debt
$8k 401k
NW: ($38k)

NW April 2016: ($34K)
July 2016: ($28.4k)
October 2016: ($22.6k)
January 2017: ($20.8k) (Refinanced loan and intransit payments not reflected)
April 2017: ($10.9k)
July 2017: ($5.7k)
August 2017: ($2.5k)
September 2017:(~$1.7k)
October 2017: $1.8k - $32k
November 2017: $4.5K - Investments ~$33.8k.
December 2017: $7.9K - Investments ~$37.8k.
January 2017: $11.4K - Investments ~$39.6k.
February 2018: $14.3K - Investments ~$43.9k.
March 2018: $16k - Investments ~$44.2k
April 2018: $17.1K - Investments ~$45.2k.
May 2018: $19.8k - Investments ~$47k
Goal: 50k at end of year.
Beginning June 2018: $23.2k - Investments ~$50.1k
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on June 06, 2018, 07:15:04 PM
Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

I'm looking forward to following everyone's progress. Good luck to us all!

Missed a month, but my net worth as of Nov 30th is $18,617.

As the year comes to a close, my next worth is up to $23,350.

Just updated my spreadsheet to record my paycheck. January ends with my networth up to $27,921.

With February officially in the books my net worth is sitting at $30,289.72. A pretty weak month compared to previous. Market losses along with some medical bills are the primary culprits.

Medical bills made March my least productive month in quite awhile, with only an increase of $1,438, leaving the ending balance at $31,728. My employer's quarterly HSA match came in. which represents almost half of the month's gain. My wife and I are expecting our first child in June, so I anticipate similar performance over the next few months... On a positive note, we've met our insurance deductible for the year, so the upcoming bills will be significantly less than they would have been otherwise.

April ends with my net worth sitting at $32,373.

A slooooow-growth month. The biggest dings were income taxes and a myriad of costs resulting for the early birth of my daughter.

Hoping for May to be more productive. Now that my daughter is here we have settled into a routine. Also, the hospital has been kind enough to provide us with a parking pass for the duration that my daughter will be there (probably until her original due date at the end of June), so that takes care of a fairly significant expense. We won't be eating out much either, as we did a bit the first week or so while we got our legs back underneath us. Not sure when the medical bills will start to hit, though...

May ends with a decent amount of growth! Up to $34,659.

Title: Re: Race from 10 to 100k!!
Post by: UnexpectedExpenseExpector on June 07, 2018, 11:23:26 PM
Cleaning up the tracking a bit since it was quite extensive.

2014 Jan: (129,703.05)
2015 Jan: (115,355.51)
2016 Jan: (82,545.00)
2017 Jan: 2,693.77

2018
Jan: 48,429.84
Feb: 39,863.96 (Acquired new to us mini-van at low end of our price range and at low end of mileage for vehicles in our price range)
Mar: 44,139.97
Apr: 44,650.91 
May: 48,082.98 (Awesome month for the networth despite getting to pay rent on two places and waiting on the return of one security deposit. Thank you Mr. Market!)


We had a bit of a crazy April and May so this will be a double post due to my missing the April post.  In April our landlord let us know he wanted to sell the place we were in so renewing the lease again would not be an option.  Unfortunately our lease was set to end July 31st and baby #3 is expected July 16th.  Thankfully our landlord was cool with us moving out early.  We took the opportunity to move closer to work and cut my commute down from about 20miles to 3.5 miles. I'm planning on fixing my "what do you mean you don't have a bike" problem soon to take advantage of the now bikeable commute.

We also cut our cell-phone bill down from $90/month to $30/month for pretty much the same exact service we had before.  I love finding an extra $720/year in a budget that I already consider pretty low. So I'm looking forward to seeing some of the effects of that and the vastly reduced commute to the cash flow going forward.

Congrats Jim Fiction on your new arrival!  Hopefully she continues to do well! 

Title: Re: Race from 10 to 100k!!
Post by: grantmeaname on June 15, 2018, 06:09:10 AM
I just found out my employer lets me make nondeductible 401(k) contributions after I have filled my tax advantaged space! I can only put in up to 25% of my salary and haven't worked here all year so it won't matter this year, but it could be good news for next year. Mega backdoor Roth, here I come!
Title: Race from 10 to 100k!!
Post by: lexde on June 15, 2018, 07:03:12 AM
Hi everyone! First post in this thread and I’m kind of amazed I’m even here. 100k seems so daunting. I have no idea what my goal timeline should look like to reach 100k NW. My NW seems to be climbing at about 2.5k per month on a 70k salary. At that rate, I’m looking at 40 months (3.34 years) but I feel like compounding should help significantly with that once I start to get some momentum going. So I’ll aim for 100k in 24 months as a stretch goal!

[removed NW graph for quoting]

3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78 — got an hours bonus this month which helped a lot. Aiming for another one next month too.

I have a really big vet expense coming up at the end of the month (~$4,000) so my net worth is going to tank. But that’s part of the journey, so onward and upward!
Title: Re: Race from 10 to 100k!!
Post by: aoedae on June 18, 2018, 03:28:09 AM
March 14 2018 - NW £41703.38
May 19 2018 - NW £46049.16

June 18 2018 - NW £48,056.44.
(Includes cash, S&S ISA, LISA, Pension)

Now for the 15-month long decline - I'm doing a Master's from September 2018 - 2019, and have already left my job. Hoping to still be £30k+ at the end of it all!

What I find confusing is that my NW seems to be climbing at about £2k a month on a ~£21.5k a year post-tax salary, where I definitely have outgoings of around £10k a year. Where is it coming from? Government LISA bonus, S&S, bank tarting, eBay side hustle, and conservation of gifts is my best theory!
Title: Re: Race from 10 to 100k!!
Post by: dutty on June 21, 2018, 03:15:54 PM
March 14 2018 - NW £41703.38
May 19 2018 - NW £46049.16

June 18 2018 - NW £48,056.44.
(Includes cash, S&S ISA, LISA, Pension)

Now for the 15-month long decline - I'm doing a Master's from September 2018 - 2019, and have already left my job. Hoping to still be £30k+ at the end of it all!

What I find confusing is that my NW seems to be climbing at about £2k a month on a ~£21.5k a year post-tax salary, where I definitely have outgoings of around £10k a year. Where is it coming from? Government LISA bonus, S&S, bank tarting, eBay side hustle, and conservation of gifts is my best theory!

Definitely not from your accounting side hustle :)
Title: Re: Race from 10 to 100k!!
Post by: paulkots on June 22, 2018, 12:23:27 PM
Joining so I can track myself. Amount will jump around because of quarterly tax prepayments.

11/26/17: $47,707.48

Beginning of the year was a disaster but parting out a project car and selling another fun car helped.

06/22/18: $72,953.75

Title: Re: Race from 10 to 100k!!
Post by: StacheyStache on June 24, 2018, 08:56:21 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...

Hey guys,

Thought I'd update here as I'm about to graduate from this thread. 

House down payment savings up to 53k
Pension up to 16k
And...I cover this in my journal but I found out I had a surprise Roth IRA that has grown to 30k.  This was entirely funded by my parents who secretly matched every dollar I made as a minor and put the money into a Roth IRA for me.  I had no idea this existed and won't be touching it.  Amazing parenting FTW.

Total:  99k

Feels like I cheated a little bit but there you go.  Next month I'll see y'all on the other side!
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on June 24, 2018, 11:04:25 AM
That's an amazing gift and 30k is a shitload of money! How long has the account been just sitting there?
Title: Re: Race from 10 to 100k!!
Post by: StacheyStache on June 24, 2018, 11:29:33 AM
That's an amazing gift and 30k is a shitload of money! How long has the account been just sitting there?

Apparently since I started working, which would have been 15.  14 years. 
Title: Re: Race from 10 to 100k!!
Post by: ASW on June 25, 2018, 01:56:11 PM
Wow, that's awesome - what a cool surprise.  I'm a parent of young kids and this motivates me to do something similar some day.  Congratulations on graduating!
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on June 26, 2018, 12:08:59 PM
It's payday, so time for an update:

Oct 2017 €13.400
Nov 2017 €13.900 (+500)
Dec 2017 €14.300 (+400)
Jan 2018 €16.000 (+1700)
Feb 2018 €17.050 (+1050)
Mar 2018 €17.300 (+250)
Apr 2018 €18.600 (+1300)
May 2018 €21.200 (+2600)
June 2018 €23.300 (+2100)

Tax return helped me heavily this month.
Title: Re: Race from 10 to 100k!!
Post by: Bayou Dweller on June 27, 2018, 07:01:30 AM
I'm sitting just at 70. I didn't think I was going to get to participate this year, but I ended up maxing out my pre-tax accounts so this is exciting! I don't think I'll be able to actually hit 100k by the end of 2018, but I'll be damn close :)
Title: Re: Race from 10 to 100k!!
Post by: smaze on June 28, 2018, 07:03:08 AM
Hey nice work everyone. I'm hopping on the bandwagon. My partner and I have been digging out of a deep student loan hole, and we've just recently hit the positive numbers :) We're currently renting, working on two ~50k salaries. Here's the last few months progress...

2/2018: -$3,956.00
3/2018: -$1,526.17
4/2018: $961.90
5/2018: $5,456.04
6/2018: $10,385.47
Title: Re: Race from 10 to 100k!!
Post by: Steeze on June 28, 2018, 02:32:55 PM
Count us in!

May 2018: $55,766
June 1 2018 - $60,028
July 1 2018 - $66,306


Nice to see you here smaze, good luck! And nice job getting out of the SL hole!!!
Title: Re: Race from 10 to 100k!!
Post by: Serendip on June 28, 2018, 03:11:47 PM
Dec 18/17    18,146
Jan 19/18     23,607
Feb 20/18     27,000
Mar 31/18     29,008
Apr 19/18     30,100
May 29/18    35,030
June 28/18   36,700

Slower savings month due to vacation and time off in May--but totally worth it :)
Have multiple health costs upcoming in July so hopefully will be able to save on top of paying those. Might pick up some extra shifts to see what I can do..
Title: Re: Race from 10 to 100k!!
Post by: lexde on June 29, 2018, 05:21:22 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78

06/29/2018: $20,396.96 — Dog tore her ACL (CCL in dogs) which was a $5,000.00 vet bill between diagnosing the leg and getting the surgery. Luckily, I managed to stay over $20K NW so my progress didn't take a huge hit. I put the expenses on a 0% APR for 12 months card, so I can still chip away at my student loans at 6% without having to worry about the vet bills for now. I have enough in my e-Fund to cover them, so it's nothing I'm worried about for right now.
Title: Re: Race from 10 to 100k!!
Post by: Tass on June 29, 2018, 10:12:07 AM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k

Jun 18: $18.5k

My only disappointment in this number is that I didn't manage to continue numerical alliteration by gaining $1.1k. If I really stretch for it, I may be able to hit $20k next month.
Title: Re: Race from 10 to 100k!!
Post by: ASW on June 29, 2018, 06:35:51 PM
1/1/2018: $38,800
2/1/2018: $49,800
3/1/2018: $55,707
4/1/2018: $64,352
5/1/2018: $68,097
6/1/2018: $72,976
7/1/2018: $80,555

Got a big bump from moving expense reimbursements, but purchased a new bike (it's too hilly here to keep commuting on my single speed). 
Current end of year projection: $99,155.  C'monnnnnn stock market.
Title: Re: Race from 10 to 100k!!
Post by: katthjul on June 30, 2018, 03:03:52 AM
EOY 2014: €0
EOY 2015: €16,728
EOY 2016: €41,467
EOY 2017: €64,929
Jan 2018: €67,989
Feb 2018: €69,128
Mar 2018: €66,962
Apr 2018: €72,421
May 2018: €75,002
Jun 2018: €77,356

My investments hit one million kronor (not euros) this month!
Title: Re: Race from 10 to 100k!!
Post by: Lelyy on June 30, 2018, 09:55:00 AM
December 31, 2017- $25,583
March 31, 2018- $30,379
June 30,2018- $37,950
Title: Re: Race from 10 to 100k!!
Post by: vertkurt on June 30, 2018, 11:08:16 AM

1/1= 14,705
2/1/18= 18,264
3/1/18= 21,225
4/1/18= 22,741
5/1/18= 26,020
6/1/18= 28,987
7/1/18= 31,457

I got a new job offer at double what I make, so will be moving across country to California, currently in Nashville, next month. With the double in salary, my investment contributions will also double as well. Exciting stuff...
Title: Re: Race from 10 to 100k!!
Post by: Old Ball Coach on June 30, 2018, 11:51:47 AM
This includes all our retirement and personal accounts for assets. It includes our credit cards, student loan, and mortgage for liabilities. It DOES NOT include our home value.

April 2018 - $52,917.42
May 2018  - $58,400.19
June 2018 - $59,686.34

Keeping on the slow and steady path. Working on what's left of our credit card balances now. Hopefully they will be paid off within the year. That'll feel really good.
Title: Re: Race from 10 to 100k!!
Post by: L2 on June 30, 2018, 02:04:39 PM
I am in! The goal is to get to 100k net worth by the end of 2018. Currently at ~21k. I have been pretty good at my goals so far. Starting out after college in Dec. 2013, I believe I had about a negative net worth of 65k. My first financial goal was to get a net worth of zero by the time I received my tax refund this year and I hit it at the end of January. My second goal was to have my private student loan (6.6%) paid off by the end of July. I made it at the end of June. Next I am hoping to have the car paid off by the end of the year. Currently have a 10k balance left on that loan.

My soft goal for the end of 2017 is 35k in net worth, only because I think I'll need it to be close to that to meet the 100k goal at the end of 2018. I have not done any hard calcs at this point, but in the mean time, I should be getting annual raises of approx. 5k beginning 11/1 for 2017 and 2018. I will also be maxing out my 401k in 2018 and hopefully the ROTH IRA as well.

So I am currently at ~30,900 net worth. I've been averaging about a 2k increase per month and I've got an extra paycheck coming in for December as there will be 3 pay periods. I should be between 37-38k net worth by the end of the year. I've got a raise coming effective 11/1, but I have not been communicated the amount yet.

I've cut almost 3k in annual expenses in the past few months. Moved to a nicer, more convenient, and cheaper apartment (farther away from city center, which I don't need anymore) that will save me $87 a month. In moving there and an acquisition by my firm, I will be driving approximately 10 miles round trip a day rather than 60. Rough estimates have that at about $100 a month in gas savings. My firm is also adding a HDHP plan, which I do not know the exact details yet, but I'm guessing this will be about 1/2 the cost of the low deductible plan (estimated savings of 50/month).

I have not ran the hard numbers yet as exact figures aren't determined, but my goal of 100k NW by the end of 2018 is going to come really close. I'd guess I'm looking at being more towards 10-15k short without any gains/raise coming next year/potential promotion. Here is a question for my fellow cohorts - I have about a 5k vested pension at my previous employer. I'm going to check to see if there is any way I can roll that over into a 401k/IRA this coming week. Either way, would you include that in your net worth calc? I'm younger so pensions are not a familiar topic for me. I've read being vested means that its guaranteed to me no matter what, but I've heard of plenty of people losing their pensions (albeit not knowing specific circumstances).

Now that year end is basically here I took some time to run my numbers.

Current NW: 46,289.93
2018:
Student loan payments decreasing principal: 1,933.56
ROTH IRA Contribution on 1/1 (with 7% return estimated: 5,885
401k Contributions (with estimated DCA of 3.5% return): 19,147.50
Deferred 2017 401k employer match: 458
401k employer match (with estimated DCA of 3.5% return): 2,000
2017 tax refund estimate (with 1% Ally interest): 2,020
Addition to savings (for house downpayment):18,379.42
Estimated previous employer retirement plan increase: 500
Estimated increase in paychecks due to lower w/h from tax reform: 1,500.
Estimated increase to 2017 YE 401k balance (assuming 7%): 1273.09
Estimated increase to 2017 YE Roth balance (assuming 7%): 424.41

12/31 2018 NW estimate: $99,780.91. So it's going to be VERY close. There will certainly be some unexpected costs that creep up such as smaller medical/dental costs, registrations, licenses, car maintenance/repairs, etc. Getting there is going to heavily count on the stock market getting at least average returns. I'm working hard towards a promotion that would go into effect 11/1/18, which would hopefully net me about another 1k before 2018 YE. I also have multiple ways to get bonuses at work, albeit normally in smaller increments. I believe I already have close to 1k gross coming my way. Let's get it!
One month into 2018 and the new NW is 51,349 (with some help from the market) with an end of year projection now of $101,092. Woo hoo! I would still like to come up with another few thousand to play it safe as there will certainly be expenses come up that I don't really budget for such as medical/dental, car maintenance, registration renewals, etc.
End of month NW: 56,190.70
End of year projection: 98,691.13

Had quite a few things going on this month...ended a relationship of 3 years, girlfriend moved out. Rent went up $350 a month as a result.
Bought some furniture off of ex that she owned.
Had to purchase some necessities for the apartment to make up for what ex took.
Stock market...bleh.
Bogus Uber charge of $234 that I'm still fighting.

I'm still feeling good about meeting my goal as I should have at least ~4k of extra income coming my way from various sources. Also going to concentrate on being more frugal than normal this month to help catch up. Shouldn't be too hard as I'm going to be spending  a lot of time at work anyways (tax season).
End of March NW: 60,017.55
End of 2018 projection: 98,683.37

The good - decided to take some of my house down payment savings and use it for some bank account churning (+650). Got project sale bonuses approved (+ approx 1500). Kept discretionary everyday spending down by about $300 from average.
The bad - realized I didn't remove my tax refund from my projection last month, so it was overstated by approx. 2,400. Then of course the stock market didn't really cooperate this month either. I believe I basically contributed 1,400 to 401k this month and the end of month balance is basically only 700 higher than the beg. of month balance.

End of April NW: 65,600
End of 2018 projection: 99,880 (ugh..so close!)

I spent more then normal this month, but a lot of it was worth it in my mind. Planning vacation, reconnecting with old friends, dating, etc. Made good progress with extra income this month - $1,900 side income and $1,600 work bonus. Also saved $17/month on internet and more than doubled my speed at the same time. Gotta keep hustling..and it would be nice if the stock market would help some.
End of May NW: $73,816.57
End 2018 Projection: $103,127.81

Once again some above and beyond helping me this month: $700 from side income, $100 visa gift card for switching to AT&T, churning $200 from Discover Savings, prior employer retirement plan balance came in at $500 more than expected, and my employer deferred 401k match finally hit my account. June should be another nice rise as well as I don't have much in the way of extra curricular going on and it will be a 3 paycheck month.

End of June NW: $79,230.50
End 2018 Projection: $103,811

Fell just short of my goal that I didn't mention on here of $80k for this month. Market being meh and realizing Mint was double counting my HSA were big contributors -_-
Title: Re: Race from 10 to 100k!!
Post by: peppermint on June 30, 2018, 10:01:02 PM
01/2018: $40796.81
02/2018: $41337.51
03/2018: $42682.42
04/2018: $46138.41
05/2018: $48761.77
06/2018: $51084.06
07/2018: $56155.54
Title: Re: Race from 10 to 100k!!
Post by: Svoboda on July 01, 2018, 01:08:56 AM
Dec 17: 37,449
Jan 18: 40,439
Feb 18: 42,796
Mar 18: 44,219
Apr 18: 42,188
May 18: 46,097
June 18: 49,516
July 18: 53,589
Title: Re: Race from 10 to 100k!!
Post by: Trifle on July 01, 2018, 04:23:57 AM
Nice job everyone!  Showing some good steady progress.

@Svoboda and @peppermint -- you both had some large gains this month -- Sweet!
Title: Re: Race from 10 to 100k!!
Post by: zygote on July 01, 2018, 10:34:22 AM
Hello! I am new to MMM. I'm 28, recently married, and we maintain separate finances. The goal is to be in a strong financial position to maintain flexibility in the future, not necessarily RE. I have a job that I love with amazing benefits, so I am not in a hurry to retire. But as you all know, that could always change.

I have always lived below my means in that I have never held any debt, but I've never really saved. I was a grad student living on a lean stipend in a HCOL city until a year and a half ago. I'm still in the same HCOL city, but now I have a real salary, a defined contribution retirement plan, and access to 403b and 457 accounts.

Current net worth: $48,533.91
Breakdown below...
Cash: $17,747.04
Retirement plan: $18,702.39
403b: $679.16 (Just opened this 1/1/18)
Roth IRA: $11,736.04 (Did not open this until 2016 tax year)
Credit card: -$330.72 (Use this for normal expenses, pay off in full every month)

I was over $50k a week ago, but of course the stock market is going down at the moment. Shares on sale!

3/18: $48,533.91
4/18: $53,215.13 (+4,681.22 - extra paycheck)
5/18: $55,433.65 (+2,218.52)
6/18: $57,041.95 (+1,572.27)
7/18: $59,753.49 (+2,711.54)

Happy with June's progress, especially since I know this month will take a hit due to some expected vacation expenses.
Title: Re: Race from 10 to 100k!!
Post by: SansSkill on July 01, 2018, 12:42:08 PM
January: €3068.76
February: €3965.75
March: €4758.99
April: €7103.66
May: €7508.32

June:
Checking account: €1902.13
Emergency Fund: €5000.00
Amortization Fund: €64.18
Goal Fund: €0.00
Investment: €3102.06
Total: €10068.37

A new challenger approaches!

So quick explanantion regarding splitting of assets:
Checking account and emergency fund is self-explanatory, should add that the latter is full.
Amortization fund is where I save monthly for non monthly regular bills (e.g. put 1/12th of every yearly bill, 1/6th of every biyearly bill etc.)
Goal fund is where I save for well, goals. Current goals are a one time €3-5k to do some experiments with a couple of active trading strategies as well as option trading. Who knows, maybe I'll beat the market consistently, or more likely I'll underperform and lose (a bit/some/a lot/all) money and will be my own example of why passive > active. After that I'll start saving for a house, probably, though I've been increasingly considering renting for at least the medium term as the math seems to favor it.
Investment is my investment account containing my very elaborate and carefully chosen portfolio of one vanguard world stock index fund as well as a literal couple of cents cash because they round mutual fund orders down about half the time.

The rest of the year and next year are really volatile for my financial position, I know for certain I won't need my EF but income is going to be weird so I might not be able to invest as much.
Title: Re: Race from 10 to 100k!!
Post by: grantmeaname on July 01, 2018, 01:38:34 PM
Welcome to the party, SansSkill! Hope we get to hang out in this thread and many of its successors up the ladder :)
Title: Re: Race from 10 to 100k!!
Post by: dutty on July 01, 2018, 03:10:48 PM
This month I learnt that lesson about loaning money to "friends", it's funny because you would have thought that I could learn that lesson through the mistakes of those that have come before me. Alas, I had to see it for myself. A decent month has been neutralised but we just gna roll with it.

Quote
05/17   £1020

01/18   £21,300  (+£20,280 ~ +1988%)
02/18   £25,500  (+£4,200 ~ +20%)
03/18   £48,800  (+£23,300 ~ +91%)
04/18  £50,616   (+£1,816 ~ +4%)
05/18  £50,200   (-£416 ~ -1%)
06/18  £49,940 (-£260 ~ -0.5% )
Title: Re: Race from 10 to 100k!!
Post by: gpyros85 on July 01, 2018, 06:56:19 PM
Just graduated into the next "Race to/from"  bracket.

May 1st  $88,849
June 1st $99,417
July 1st  $109,417


These 8k-10k gains should stay for the next 16 months with a recent temporary assignment I have been given (Expat). Then it will be back to a more sustainable $3,300/month gains.

See you in the race to 250k!
Title: Re: Race from 10 to 100k!!
Post by: TheLonelySaver on July 02, 2018, 02:23:31 PM
An update after ~6 months but still on track :)

Date              Investment        Change
01.10.2016    CHF -      
01.11.2016    CHF 10'900.00     CHF 10'900.00
01.12.2016    CHF 12'570.00     CHF 1'670.00
01.01.2017    CHF 14'381.50     CHF 1'811.50
01.02.2017    CHF 16'237.36     CHF 1'855.86
01.03.2017    CHF 19'749.23     CHF 3'511.87
01.04.2017    CHF 20'917.28     CHF 1'168.05
01.05.2017    CHF 21'547.08     CHF 629.80
01.06.2017    CHF 22'027.74     CHF 480.66
01.07.2017    CHF 28'622.42     CHF 6'594.68
01.08.2017    CHF 32'055.63     CHF 3'433.21
01.09.2017    CHF 33'500.02     CHF 1'444.39
01.10.2017    CHF 35'570.74     CHF 2'070.72
01.11.2017    CHF 41'688.57     CHF 6'117.83
01.12.2017    CHF 46'206.35     CHF 4'517.78
01.01.2018    CHF 48'263.15     CHF 2'056.80
01.02.2018    CHF 48'614.85     CHF 351.70
01.03.2018    CHF 47'185.76     CHF -1'429.09
01.04.2018    CHF 49'788.61     CHF 2'602.85
01.05.2018    CHF 52'135.13     CHF 2'346.52
01.06.2018    CHF 62'352.52     CHF 10'217.39
01.07.2018    CHF 66'512.37     CHF 4'159.85
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on July 04, 2018, 09:13:56 AM
Aug 15: 5327 (found MMM)
Jan 16: 12700
Jan 17: 31444
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Apr 18: 75766
May 18: 77414
Jun 18: 81980
Jul 18: 82825

Bah, slow month
Title: Re: Race from 10 to 100k!!
Post by: Serendip on July 04, 2018, 09:25:11 AM
Just graduated into the next "Race to/from"  bracket.

May 1st  $88,849
June 1st $99,417
July 1st  $109,417


These 8k-10k gains should stay for the next 16 months with a recent temporary assignment I have been given (Expat). Then it will be back to a more sustainable $3,300/month gains.

See you in the race to 250k!

Congrats @gpyros85 !
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on July 04, 2018, 11:49:49 AM
Tracking net worth.

07.2017 - (£2,877)
08.2017 - (£1,852) = + £1,025
09.2017 - (£650) = + £1,202
10.2017 - £1,238 = + £1,888
11.2017 - £3,066 = + £1,178
12.2017 - £4,360 = + £1,294
01.2018 - £6,895 = + £2,535
02.2018 - £7,943 = + £1,048
03.2018 - £8,754 = + £811
04.2018 - £10,331 = + £1,577
05.2018 - £31,777 = + £21,446 (received an inheritance)
06.2018 - £33,386 = + £1,609
07.2018 - £35,086 = + £1,700

Assets = £47,067
Student loans = (£11,590)
Title: Re: Race from 10 to 100k!!
Post by: Mattrim on July 04, 2018, 02:09:56 PM
Me and DW just hit positive numbers two months ago (disregarding house value). Current NW is 5828$, but I expect to pass 10k during this month due to extra payment from work. I'll be tracking my progress here :)

June 30: 5828.16$

We're paying down quite aggressively on our mortgage and hope to be able to be dept free next spring (expect a small student loan with very low interest). I know paying down the mortgage is not the optimal thing to do in the sense of ROI, but after long discussions (and being so close to killing it once and for all) we really want to just do it! We're also expecting our first child this Autumn, and being free from the mortgage would give us the additional security to take unpaid leave from work.

Current assets are mostly in index funds and in a special Norwegian savings account for saving for an house purchase (An incredibly good deal, with interest rates at 3.5% and 20% of yearly deposit back on taxes)

BTW. I tried to add myself to the spreadsheet, but not sure if I did it correctly. Right now I'm all the way to the bottom :P
Title: Re: Race from 10 to 100k!!
Post by: repman on July 04, 2018, 02:25:45 PM
Welcome Mattrim to the race, your spreadsheet entry is just fine

cheers

repman
Title: Re: Race from 10 to 100k!!
Post by: UnexpectedExpenseExpector on July 04, 2018, 11:10:27 PM
Congrats @gpyros85 !

Welcome @Mattrim  !

Great progress everyone else!

2014 Jan: (129,703.05)
2015 Jan: (115,355.51)
2016 Jan: (82,545.00)
2017 Jan: 2,693.77

2018
Jan: 48,429.84
Feb: 39,863.96 (Acquired new to us mini-van at low end of our price range and at low end of mileage for vehicles in our price range)
Mar: 44,139.97
Apr: 44,650.91 
May: 48,082.98 (Awesome month for the networth despite getting to pay rent on two places and waiting on the return of one security deposit. Thank you Mr. Market!)
June: 52,774.50  (Cue up the Bon Jovi!)
...
2018 Dec: 68,000 (GOAL)
...
2019 Jul: 100,000 (GOAL)

Pretty solid month for networth.  We got our full security deposit back from the old place so that was nice!  We're expecting baby #3 any day now so number is padded a bit by the cash pile for hospital bills in August.  I also added myself to the spreadsheet.  Hopefully I did it correctly!
Title: Re: Race from 10 to 100k!!
Post by: Bayou Dweller on July 10, 2018, 06:27:13 AM
Just hit 80k NW!

I previously didn't think I'd be able to hit 100, unless the market crashes tomorrow I might make it. And honestly I wouldn't be mad if it did.
Title: Re: Race from 10 to 100k!!
Post by: twistedfirestarter on July 11, 2018, 11:09:57 AM

£24,041 Apr '17
£26,105 May '17
£28,229 Jun '17
£31,961 Jul '17
£34,902 Aug '17
£37,596 Sep '17
£41,756 Oct '17
£45,885 Nov '17
£49,200 Dec '17
£53,000 Jan '18
£55,765 Feb '18
£58,840 Mar '18

£61,802 Apr ‘18
£66,336 May ‘18
£70,866 Jun ‘18
£74,169 July ‘18 ($98,893)

Missed a few months but here is my update, I told the internet in March that my plan was to hit $100,000 this month but alas, I am $1,107 short. Might as well just give up on this fire idea

I have another confession, I’ve started overpaying on my mortgage, I know I shouldn’t but Mrs Twisted is so much more interested in frugality when the money is going towards being mortgage free rather than something which is still decades off.
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on July 13, 2018, 07:37:44 AM
Mid July update (also missed June, so updating that end of month number as well).

10/31/17: $7,686
11/30/17: $18,654
12/31/17: $24,407
1/31/18: $35,314
2/28/18: $42,150
3/30/18: $45,528
4/30/18: $48,294
5/31/18: $51,805
6/30/18: $56,630
7/13/18: $58,281

Title: Re: Race from 10 to 100k!!
Post by: grantmeaname on July 13, 2018, 03:39:31 PM
I'm not hitting $100k this year because I just realized that my bonus for the year is paid out early next year. Be interesting to see how close I can get without it though - hopefully within $10k or so.

I think we are at $63k today.
Title: Re: Race from 10 to 100k!!
Post by: Alf91 on July 14, 2018, 06:44:40 PM
I'm just over $93,000! I can hardly believe I'm almost at $100,000. :) :) :)
Title: Re: Race from 10 to 100k!!
Post by: Trifle on July 15, 2018, 03:40:15 AM
I'm just over $93,000! I can hardly believe I'm almost at $100,000. :) :) :)

You're almost there @Alf91!  Well done!
Title: Re: Race from 10 to 100k!!
Post by: MrUpwardlyMobile on July 15, 2018, 08:09:51 AM
I'm just over $93,000! I can hardly believe I'm almost at $100,000. :) :) :)

 The last 7k comes easier than the first 7k. You’re crushing it.
Title: Re: Race from 10 to 100k!!
Post by: PassMMM on July 17, 2018, 07:15:13 AM
New to the thread here. Currently at $75k NW. Hoping to hit $100k by the end of the year (will prob depend if I get my bonus in December or Jan/Feb). Keep up the good work everyone!
Title: Re: Race from 10 to 100k!!
Post by: BestCoast on July 18, 2018, 03:25:58 PM
New to the thread and the forum as a whole, but long-time reader. Great thread! I'm around $42k, aiming for ~$55k by the end of this year and $100k by the end of 2019.

Roughly $3k/month available to save/invest, so it's little bit of a stretch, but discipline plus modest S&P returns should do the trick!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on July 19, 2018, 04:57:47 AM
Welcome to the forum @BestCoast!  You picked a great place to land.  Good goal -- looks doable, but enough of a stretch to feel challenging! 

And welcome to the thread @PassMMM!  You're doing great.  The end of the year will be here before we know it.   
Title: Re: Race from 10 to 100k!!
Post by: QuillScroll on July 19, 2018, 01:15:23 PM
I was posting on Race to 50k thread, thought will post here as well as am now nearing 50K.

19-Jul-18      $46413
Title: Re: Race from 10 to 100k!!
Post by: MoneyMouse on July 19, 2018, 04:00:02 PM
Updating this with January numbers!

RRSPTFSA
Dec '175,5005,500
Jan '185,6365,808

Total: $11,441 (+441)

It's been several months and a rough go of things. Between a (totally worth it and now 20/20 vision) eye surgery, a breakup, therapy and moving into my own place, my net worth has gone down. That said, the gains I've made in mental health and fortitude have been well worth it. Plus, I think my last figures didn't take into account that I'd be spending $4k on the surgery. I did have to pull from my TFSA a bit because I failed to plan adequately for the sheer deluge of eye drops I would need after the surgery. And I also totally just spent more money overall.

RRSPTFSA
Dec '175,5005,500
Jan '185,6365,808
July '186,1864,039

Total: $10,225 (-1,216)
Title: Re: Race from 10 to 100k!!
Post by: lexde on July 21, 2018, 07:32:41 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
06/29/2018: $20,396.96

7/21/2018: $22,666.63 - went on vacation so I updated this late; but steady climb back to pre-surgery number. :-)
Title: Re: Race from 10 to 100k!!
Post by: song gnos on July 21, 2018, 10:36:45 PM
May 2016 $ -11,982.00
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.

Well, haven't posted in about 2 years.

July 2018 $81,402.18

Couldn't have done it without the support from MMM and you all.
Hopefully hit the 100k mark by the end of this year.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on July 22, 2018, 05:15:34 AM
May 2016 $ -11,982.00
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.


Well, haven't posted in about 2 years.

July 2018 $81,402.18

Couldn't have done it without the support from MMM and you all.
Hopefully hit the 100k mark by the end of this year.

That is fantastic @song gnos !  You are almost there!
Title: Re: Race from 10 to 100k!!
Post by: QuillScroll on July 23, 2018, 06:00:25 AM
WOW @song gnos!! What a progress, Gr8 job!!
Title: Re: Race from 10 to 100k!!
Post by: Serendip on July 25, 2018, 09:24:47 PM
Dec 18/17    18,146
Jan 19/18     23,607
Feb 20/18     27,000
Mar 31/18     29,008
Apr 19/18     30,100
May 29/18    35,030
June 28/18   36,700
July 25/18    39,000

Pretty happy with current progress.
Over the next month, I will have to save seperately for an upcoming trip and the time off always throws me a bit of a curve-ball..will see if I can still manage to grow this section, even a small amount..
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on July 26, 2018, 05:50:27 AM
It's payday, so time for an update:

Jan 2018 €16.000
Feb 2018 €17.050 (+1050)
Mar 2018 €17.300 (+250)
Apr 2018 €18.600 (+1300)
May 2018 €21.200 (+2600)
June 2018 €23.300 (+2100)
July 2018 €24.400 (+1100)

That's after spending €600+ on a flight ticket. I guess stocks must be up this month? Goal for the end of the year is to hit €30k.
Title: Re: Race from 10 to 100k!!
Post by: arob54600 on July 26, 2018, 02:18:47 PM
I forgot for a couple of months, but I really want to stick with this Race to the end!
I have two great news moments-
ONE I got a promotion which results in about a $10,000 a year raise and husband has decided to work an additional part time job. Yay! We're going fast now!
TWO I'm knocked up with our first child.  Most of that new found money will be for health insurance for our new kiddo, but I'm gonna try my damnedest to fill my 401k now, and both our roths.

November 17- 41195
December 17- 42526
January 18- 47966
February 18-47104
May 18 - 48521
(End of July) -53000ish
This is just my investments, doesn't include my husbands. It's hard to track his stuff, he doesn't do anything online!
Title: Re: Race from 10 to 100k!!
Post by: paulkots on July 27, 2018, 05:18:42 AM
Beginning of the year was a disaster but parting out a project car and selling another fun car helped.

11/26/17: $47,707.48
06/22/18: $72,953.75

07/27/18: $71,676.31

Another month of major expenses. Built a deck, planned and paid for future vacation. Hoping all the major expenses are done for this year.(except tires that I will need by middle of October)
Title: Re: Race from 10 to 100k!!
Post by: Steeze on July 28, 2018, 08:22:57 AM
Count us in!

May 2018: $55,766
June 1 2018 - $60,028
July 1 2018 - $66,306

Aug 1 2018 - $74,667

Went on vacation for 9 days this month. Nice long road trip with DW, spent about $1,000.
Thought it was going to be a bad month, ended up being a great one anyways!
Title: Re: Race from 10 to 100k!!
Post by: peppermint on July 28, 2018, 06:06:36 PM
01/2018: $40796.81
02/2018: $41337.51
03/2018: $42682.42
04/2018: $46138.41
05/2018: $48761.77
06/2018: $51084.06
07/2018: $56155.54
08/2018: $55622.63

This month took a big hit, but not as big as I was expecting considering. I don't get paid this month (I'm an academic and don't get paid for the summers) or next month, so it will go down a bit again next month, but I'm prepared for it. Just have to ride it out.

I also got into an accident and have had some medical bills. Unfortunately, there will be some more out of pocket costs I'll have to sustain related to this over the next couple months. So I probably won't see any NW growth for awhile.

Reminding myself, this is what the emergency fund is for...
Title: Re: Race from 10 to 100k!!
Post by: lexde on July 31, 2018, 07:32:53 AM

3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
06/29/2018: $20,396.96
7/21/2018: $22,666.63

7/31/2018: $24,667.50 - almost a quarter of the way there now!
Title: Re: Race from 10 to 100k!!
Post by: vertkurt on July 31, 2018, 08:01:23 AM
1/1= 14,705
2/1/18= 18,264
3/1/18= 21,225
4/1/18= 22,741
5/1/18= 26,020
6/1/18= 28,987
7/1/18= 31,457
8/1/18= 34,642

All packed up and ready for the new job and move across the country. I'm burning all my unused PTO in Spain for 3 weeks. New job starts Aug 20 at x2 my current salary. Looking forward to doubling my savings rate.
Title: Re: Race from 10 to 100k!!
Post by: snoot on July 31, 2018, 08:11:33 AM
December 2017       65,258
January    2018       67,602       (+2344)
February  2018       72,789       (+5187)
March      2018       75,413       (+2623)
April        2018       75,770       (+357)
May         2018       73,933       (-1837)
June        2018       77,260       (+3327)
July         2018       77,632       (+372)
August     2018       79,049       (+1417)

Broke 80k for the first time earlier this month! Will hopefully be back there soon :)

Congrats to everyone on their progress. It's great to see all of the forward momentum in this group!
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on July 31, 2018, 08:37:48 AM
End of July Update

10/31/17: $7,686
11/30/17: $18,654
12/31/17: $24,407
1/31/18: $35,314
2/28/18: $42,150
3/30/18: $45,528
4/30/18: $48,294
5/31/18: $51,805
6/30/18: $56,630
7/31/18: $61,577
Title: Re: Race from 10 to 100k!!
Post by: adamb on July 31, 2018, 12:53:07 PM
I'm at 67k today! Started saving/investing seriously exactly 2 years ago, when I had about 5-10k. I expect I will hit 100k right before my next birthday at 28 (about 11 months) if I sell my car.

I've driven my car a total of 5 times the past year, so that's looking more and more likely, especially since my next apartment is right by the subway and doesn't have parking. I just really need to convince myself it's okay to do, I've never not had a car since I was 16 :O.
Title: Re: Race from 10 to 100k!!
Post by: kickel on July 31, 2018, 05:59:20 PM
I'm at 67k today! Started saving/investing seriously exactly 2 years ago, when I had about 5-10k. I expect I will hit 100k right before my next birthday at 28 (about 11 months) if I sell my car.

I've driven my car a total of 5 times the past year, so that's looking more and more likely, especially since my next apartment is right by the subway and doesn't have parking. I just really need to convince myself it's okay to do, I've never not had a car since I was 16 :O.

Congrats! I just turned 28 too. I'm in the same dilemma I put a total of 500 miles (most of which were people borrowing it) on my car last year. Living in a city with car2go's everywhere it makes less and less sense to hold on to it.
Title: Re: Race from 10 to 100k!!
Post by: Old Ball Coach on July 31, 2018, 08:45:10 PM
This includes all our retirement and personal accounts for assets. It includes our credit cards, student loan, and mortgage for liabilities. It DOES NOT include our home value.

April 2018 - $52,917.42
May 2018  - $58,400.19
June 2018 - $59,686.34
July 2018  - $65,798.53

Great month for the market and our retirement accounts. Trying to kill off some debt over the next few months, so hopefully that will make our number continue to climb!
Title: Re: Race from 10 to 100k!!
Post by: Svoboda on August 01, 2018, 12:16:50 AM
Dec 17: 37,449
Jan 18: 40,439
Feb 18: 42,796
Mar 18: 44,219
Apr 18: 42,188
May 18: 46,097
June 18: 49,516
July 18: 53,589
Aug 18: 57,668
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on August 01, 2018, 01:36:59 AM
Tracking net worth.

07.2017 - (£2,877)
08.2017 - (£1,852) = + £1,025
09.2017 - (£650) = + £1,202
10.2017 - £1,238 = + £1,888
11.2017 - £3,066 = + £1,178
12.2017 - £4,360 = + £1,294
01.2018 - £6,895 = + £2,535
02.2018 - £7,943 = + £1,048
03.2018 - £8,754 = + £811
04.2018 - £10,331 = + £1,577
05.2018 - £31,777 = + £21,446 (received an inheritance)
06.2018 - £33,386 = + £1,609
07.2018 - £35,086 = + £1,700
08.2018 - £36,571 = +£1,485

Assets = £47,770
Student loans = (£11,199)
Title: Re: Race from 10 to 100k!!
Post by: repman on August 01, 2018, 04:08:14 AM
Nov 2017     65.000€
Dez 2017     69.000€  a frugal month and a christmas paycheck !
Jan  2018     73100€
Feb  2018     74100€
Mar  2018     57300€  some expanses and bad investment decisions
Apr 2018      58800€
May 2018      62285€
June 2018     65500€
July 2018      71538€
Aug 2018      76500€

Goal: 100.000€ in April 2019

Don't forget to enter data into the column on the right side of the speadsheet!
https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?pref=2&pli=1#gid=0
Title: Re: Race from 10 to 100k!!
Post by: ASW on August 01, 2018, 04:20:49 AM
1/1/2018: $38,800
2/1/2018: $49,800
3/1/2018: $55,707
4/1/2018: $64,352
5/1/2018: $68,097
6/1/2018: $72,976
7/1/2018: $80,555
8/1/2018: $85,858

Saved about $3200, and the rest came from market gains.  Currently on pace to reach $100k in December. 
Title: Re: Race from 10 to 100k!!
Post by: L2 on August 01, 2018, 06:39:26 AM
End of July NW: 84,495
End of Year projected NW: 104,324
Title: Re: Race from 10 to 100k!!
Post by: zygote on August 01, 2018, 11:25:23 AM
Hello! I am new to MMM. I'm 28, recently married, and we maintain separate finances. The goal is to be in a strong financial position to maintain flexibility in the future, not necessarily RE. I have a job that I love with amazing benefits, so I am not in a hurry to retire. But as you all know, that could always change.

I have always lived below my means in that I have never held any debt, but I've never really saved. I was a grad student living on a lean stipend in a HCOL city until a year and a half ago. I'm still in the same HCOL city, but now I have a real salary, a defined contribution retirement plan, and access to 403b and 457 accounts.

Current net worth: $48,533.91
Breakdown below...
Cash: $17,747.04
Retirement plan: $18,702.39
403b: $679.16 (Just opened this 1/1/18)
Roth IRA: $11,736.04 (Did not open this until 2016 tax year)
Credit card: -$330.72 (Use this for normal expenses, pay off in full every month)

I was over $50k a week ago, but of course the stock market is going down at the moment. Shares on sale!

3/18: $48,533.91
4/18: $53,215.13 (+4,681.22 - extra paycheck)
5/18: $55,433.65 (+2,218.52)
6/18: $57,041.95 (+1,572.27)
7/18: $59,753.49 (+2,711.54)
8/18: $63,816.19 (+4,062.70)

Thought I would spend a ton this month because I was on vacation, but I actually spent the least I have all year. I'm not even sure why, despite having all the data in YNAB. I guess I better do some soul searching about my normal life. Cutting back should be easier than I thought....
Title: Re: Race from 10 to 100k!!
Post by: Mattrim on August 01, 2018, 02:04:23 PM
June 30: 5828.16$
August 1: 15412.83$ (+9586.67$)

Crazy month in July! Got paid a lot extra from work and managed to save most of it :) I absolutely don't expect this to continue in this pace, especially this month as DW got paid only half of her normal pay. Anyway, super happy with the progress so far!
Title: Re: Race from 10 to 100k!!
Post by: andy85 on August 01, 2018, 02:18:53 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
Feb 17   $66,905
Mar 17   $71,221
Apr 17   $73,018
May 17   $71,772
Jun 17   $69,832
Jul 17   $72,166
Aug 17   $73,360
Sep 17   $76,497
Oct 17   $77,675
Nov 17   $80,642
Dec 17   $82,238
Jan 18   $86,553
Feb 18   $85,058
Mar 18   $92,587
Apr 18   $92,392
May 18   $93,023
Jun 18   $94,575
Jul 18   $98,373
Title: Re: Race from 10 to 100k!!
Post by: ASW on August 01, 2018, 05:08:20 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
Feb 17   $66,905
Mar 17   $71,221
Apr 17   $73,018
May 17   $71,772
Jun 17   $69,832
Jul 17   $72,166
Aug 17   $73,360
Sep 17   $76,497
Oct 17   $77,675
Nov 17   $80,642
Dec 17   $82,238
Jan 18   $86,553
Feb 18   $85,058
Mar 18   $92,587
Apr 18   $92,392
May 18   $93,023
Jun 18   $94,575
Jul 18   $98,373

Congratulations, you are so close!!
Title: Re: Race from 10 to 100k!!
Post by: drunkatthejug on August 02, 2018, 02:38:35 PM
Going to toss in here I guess. $65K currently. Changing up some strategies trying to save up for a house down payment in the next 1-2 years or so so I will be cutting my 401k contribution down from 27 to just 10%. Nice to finally join the forums I've learned so much from. Will be in the hello thread sometime this week.
Title: Re: Race from 10 to 100k!!
Post by: grantmeaname on August 02, 2018, 06:49:13 PM
Excellent name, wish I could join you there.

Welcome!
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on August 03, 2018, 06:31:35 AM
Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

I'm looking forward to following everyone's progress. Good luck to us all!

Missed a month, but my net worth as of Nov 30th is $18,617.

As the year comes to a close, my next worth is up to $23,350.

Just updated my spreadsheet to record my paycheck. January ends with my networth up to $27,921.

With February officially in the books my net worth is sitting at $30,289.72. A pretty weak month compared to previous. Market losses along with some medical bills are the primary culprits.

Medical bills made March my least productive month in quite awhile, with only an increase of $1,438, leaving the ending balance at $31,728. My employer's quarterly HSA match came in. which represents almost half of the month's gain. My wife and I are expecting our first child in June, so I anticipate similar performance over the next few months... On a positive note, we've met our insurance deductible for the year, so the upcoming bills will be significantly less than they would have been otherwise.

April ends with my net worth sitting at $32,373.

A slooooow-growth month. The biggest dings were income taxes and a myriad of costs resulting for the early birth of my daughter.

Hoping for May to be more productive. Now that my daughter is here we have settled into a routine. Also, the hospital has been kind enough to provide us with a parking pass for the duration that my daughter will be there (probably until her original due date at the end of June), so that takes care of a fairly significant expense. We won't be eating out much either, as we did a bit the first week or so while we got our legs back underneath us. Not sure when the medical bills will start to hit, though...

May ends with a decent amount of growth! Up to $34,659.

June ended around 36,000 (estimate, was too busy to exactly keep track). July ends with my NW up to $38,676.

Happy with my progress, though I've been spendier than I should.  On a plus side, it looks like I'll be taking a new job which should see a ~20% bump in pay, plus a nice sign on bonus. So my NW should begin to grow more quickly! Ohh and my commute will be dropping from 42 miles down to 2.5 miles! As a result I'll be saving a ton on gas and wear and tear on my car.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on August 03, 2018, 06:37:59 AM
Happy with my progress, though I've been spendier than I should.  On a plus side, it looks like I'll be taking a new job which should see a ~20% bump in pay, plus a nice sign on bonus. So my NW should begin to grow more quickly! Ohh and my commute will be dropping from 42 miles down to 2.5 miles! As a result I'll be saving a ton on gas and wear and tear on my car.

Those are some great positive changes @Jim Fiction! With the likely new time pressures of being a new dad you will especially appreciate that shorter commute.  It's been a great year for you -- congrats!
Title: Re: Race from 10 to 100k!!
Post by: dutty on August 03, 2018, 08:10:23 AM
I have regained the forward momentum.


Quote
2015  -£2,610  
2016   £5,250   (+£7,860 ~ +301%)
2017   £10,810 (+£5,560 ~ +106%)

01/18  £21,300  (+£10,490 ~ +97%)
02/18  £25,500  (+£4,200 ~ +20%)
03/18  £48,800  (+£23,300 ~ +91%)
04/18  £50,620   (+£1,820 ~ +4%)
05/18  £50,200   (-£420 ~ -1%)
06/18  £49,940   (-£260 ~ -0.5% )
07/18  £56,320 (+£6380 ~ +13% )
Title: Re: Race from 10 to 100k!!
Post by: MoneyMouse on August 03, 2018, 08:58:45 AM
I've unfortunately stalled out at $10,000-$10,200 right now.

I may stay at this level for a while, depending on whether or not I get a new job or get support from my current employer to go back to school for a Business Analyst Certificate.

From there, though, I'm hoping to get some earning potential and increase my salary so I can actually save more. Right now, if I keep my current standard of living and increase my salary, I can almost double the amount I save. I could probably save even more than double since my savings rate right now assumes I put away money for school. So once I'm done it or if it gets covered, I can put that money into my savings instead.
Title: Re: Race from 10 to 100k!!
Post by: iTellStories on August 03, 2018, 01:37:48 PM
Aug 1, 2017: $31,378
Sep 1, 2017: $33,723
Oct 1, 2017: $37,296
Nov 1, 2017 $42,930
Aug 3, 2018: $62,456

I kind of fell off the band wagon a little bit the last few months.  I still saved, but wasn't as mustachian as I should have been.  Promising myself to start making my monthly post here again, and keeping track of my gains.  Hoping for $100k mark by January 1, 2020!
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on August 05, 2018, 06:49:44 PM
Happy with my progress, though I've been spendier than I should.  On a plus side, it looks like I'll be taking a new job which should see a ~20% bump in pay, plus a nice sign on bonus. So my NW should begin to grow more quickly! Ohh and my commute will be dropping from 42 miles down to 2.5 miles! As a result I'll be saving a ton on gas and wear and tear on my car.

Those are some great positive changes @Jim Fiction! With the likely new time pressures of being a new dad you will especially appreciate that shorter commute.  It's been a great year for you -- congrats!

Thanks Trifele. 2018  has certainly been a whirlwind of a year, but its largely been good so i have to count my blessings! The shortsr commute will be great, it means more time with my daughter.  The new position, should it happen, will come with a better work life balance as well, so its a win, win, win.
Title: Re: Race from 10 to 100k!!
Post by: Tass on August 05, 2018, 09:05:13 PM
Slightly late update!

Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k

Jul 18: $20.2k

Made my goal!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on August 06, 2018, 01:31:26 AM
Congrats @Tass!  It is not easy to get financial traction in academia and you are doing it. Onward!
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on August 06, 2018, 01:43:42 AM
Wohooo amazing Tass! And with such ease (as in, you actually managed a .2 as well ;))!
Title: Re: Race from 10 to 100k!!
Post by: politenessman on August 08, 2018, 09:46:49 AM
One of my goals is to get to $100K by the end of this year.
It is a stretch goal, especially that I am paying down a (small) car loan (I don't include this in the NW number), and that should be complete by October/November time.

My 2018 numbers:

Aug   $ 81,356    < --  took a big leap when I rolled over an old IRA*
Jul   $ 66,521
Jun   $ 64,243
May   $ 60,386
Apr   $ 56,284
Mar   $ 55,824
Feb   $ 55,756
Jan   $ 51,828

*I have no historic data for the IRA so its only counted in August.
I guess that this is part of becoming moustachian, is tracking down all of your money and making it work!
Title: Re: Race from 10 to 100k!!
Post by: FIRE_guy on August 08, 2018, 10:55:07 AM
Jumping in on this thread...although we aren't quite starting from 10K....but we did at one point!

Jan 18   58,329
Feb 18   57,535
Mar 18   56,984
Apr 18   57,914
May 18   53,370
Jun 18   53,211
Jul 18   55,038
Aug 18   56,124


The goal for this year was to hit 85k but it doesn't look like that will happen. I'd be happy with 65k now.

Two years ago, our income went from ~145k to 30k when we moved overseas. I've been in school doing a Master's while my wife works whatever she can pick up so it's been very hard to make progress. But we've managed to make our NW go up over these two years, so for that I am happy.

Will be starting a new full-time job in the fall -> should be able to make it to the 90k mark by end of 2019...possibly the 100k mark if we really push it!
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on August 09, 2018, 11:40:58 AM
Aug 15: 5327 (found MMM)
Jan 16: 12700
Jan 17: 31444
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Apr 18: 75766
May 18: 77414
Jun 18: 81980
Jul 18: 82825
Aug 18: 82665

Yikes, negative numbers! *ducks for tomatoes* I can explain! Revamped the balcony, car needed 4 new tires + new exhaust pipe + various little things and I took a holiday to Scotland (which was amazing!!). Ended up -160 in networth even though I tried to keep costs down. Still, all of these things needed to be done and I don't regret my spending.
Title: Re: Race from 10 to 100k!!
Post by: martyconlonontherun on August 12, 2018, 08:12:18 AM


Background:
Age: 30
"Switched" Careers at 25.
Started taking personal finances 'seriously' around 27 (aka actually saving money, 401k, etc).
Started taking personal finances seriously around 29
Salary gradually up to 65k, 68k as of End of 2017, 75k at beginning of CY18
Married but don't include house (equity/mortgage) or joint savings in these calculations since she's the boss, it gets messy with house equity/sweat equity ($40k total on a $170k house in May 17), and it will just be cherry on the top.
-3.5 years left of student loan payments I'm aggressively paying off/refinanced in January '17
-15 year mortgage in May '17
-Not including 529 accounts-Only a few hundred now, but it will be going to Godchildren/my future children so not my money in my eyes.

January 2016-
($45k) Student Debt
($2k) Personal CC Debt
$8k 401k
NW: ($38k)

NW April 2016: ($34K)
July 2016: ($28.4k)
October 2016: ($22.6k)
January 2017: ($20.8k) (Refinanced loan and intransit payments not reflected)
April 2017: ($10.9k)
July 2017: ($5.7k)
August 2017: ($2.5k)
September 2017:(~$1.7k)
October 2017: $1.8k - $32k
November 2017: $4.5K - Investments ~$33.8k.
December 2017: $7.9K - Investments ~$37.8k.
January 2017: $11.4K - Investments ~$39.6k.
February 2018: $14.3K - Investments ~$43.9k.
March 2018: $16k - Investments ~$44.2k
April 2018: $17.1K - Investments ~$45.2k.
May 2018: $19.8k - Investments ~$47k
June 2018: $23.2k - Investments ~$50.1k
July 2018: $28.3k - Investments ~$54k
August 2018: $34.3k - Investments ~$58.9k
Goal: 50k at end of year.

Beginning September 2018: $34.4k - Investments ~$61.7k
Title: Re: Race from 10 to 100k!!
Post by: UnexpectedExpenseExpector on August 13, 2018, 11:06:31 PM
2014 Jan: (129,703.05)
2015 Jan: (115,355.51)
2016 Jan: (82,545.00)
2017 Jan: 2,693.77

2018
Jan: 48,429.84
Feb: 39,863.96 (Acquired new to us mini-van at low end of our price range and at low end of mileage for vehicles in our price range)
Mar: 44,139.97
Apr: 44,650.91 
May: 48,082.98 (Awesome month for the networth despite getting to pay rent on two places and waiting on the return of one security deposit. Thank you Mr. Market!)
June: 52,774.50  (Cue up the Bon Jovi!)
July: 56,756.98 (Welcome Baby #3)
...
2018 Dec: 68,000 (GOAL)
...
2019 Jul: 100,000 (GOAL)

I was pleasantly surprised to see the net worth still jump significantly even though we paid several of the bills for Baby #3's arrival in July.
Title: Re: Race from 10 to 100k!!
Post by: repman on August 14, 2018, 01:17:35 AM
Excellent work everyone! I have added the median in the chart, it is steady uprising for 2018!

https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?pref=2&pli=1#gid=0
Title: Re: Race from 10 to 100k!!
Post by: PassMMM on August 14, 2018, 08:12:35 AM
Update!

5/8/18 - 60k
6/8/18 - 68.5k
7/8/18 - 76k
8/8/18 - 84.5k

Looking to be well on track!
Title: Re: Race from 10 to 100k!!
Post by: paulkots on August 23, 2018, 05:53:54 AM

11/26/17: $47,707.48
06/22/18: $72,953.75
07/27/18: $71,676.31

Another month of major expenses. Built a deck, planned and paid for future vacation. Hoping all the major expenses are done for this year.(except tires that I will need by middle of October)

08/23/18: $65,034.83

Bleeding money because of the deck I am building, finish work is taking more than I expected. Also bought those tires that I need and had the suspension rebuilt on the car. Suspension rebuild could have wait..
Title: Re: Race from 10 to 100k!!
Post by: lexde on August 23, 2018, 11:21:20 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
06/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50

8/23/2018: $25,400.62 — finally hit 25k! Late update and I paid some bills so the NW is a little lower than if I’d posted on payday but still progress!
Title: Re: Race from 10 to 100k!!
Post by: snoot on August 23, 2018, 04:10:14 PM
Congrats lexde!

Sent from my moto g(6) using Tapatalk

Title: Re: Race from 10 to 100k!!
Post by: twistedfirestarter on August 24, 2018, 08:49:25 PM
Excellent work everyone! I have added the median in the chart, it is steady uprising for 2018!

https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?pref=2&amp;pli=1#gid=0

Loving the chart, how do I get included?
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on August 25, 2018, 09:17:45 AM
New month, new money:

Jan 2018 €16.000
Feb 2018 €17.050 (+1050)
Mar 2018 €17.300 (+250)
Apr 2018 €18.600 (+1300)
May 2018 €21.200 (+2600)
June 2018 €23.300 (+2100)
July 2018 €24.400 (+1100)
Aug 2018 €25.700 (+1300)
Title: Re: Race from 10 to 100k!!
Post by: Serendip on August 26, 2018, 11:59:49 AM
Dec 18/17    18,146
Jan 19/18     23,607
Feb 20/18     27,000
Mar 31/18     29,008
Apr 19/18     30,100
May 29/18    35,030
June 28/18   36,700
July 25/18    39,000
Aug 26/18    40,150

*had to pay a few big expenses so I was very happy to still be able to make it to 40,000!
Coming up: a somewhat pricey trip and over two weeks time off but have been working extra now so hopefully next month will still see a bit of an increase.
Title: Re: Race from 10 to 100k!!
Post by: repman on August 27, 2018, 01:00:23 AM
Excellent work everyone! I have added the median in the chart, it is steady uprising for 2018!

https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?pref=2&amp;pli=1#gid=0

Loving the chart, how do I get included?

Just enter your name in the username column I in the first free row (actual I45) and then enter your actual networth value in the September Column BI on the right and the historic values in the corresponding columns. The current\previous networth and other change columns on the left will be updated automatically.
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on August 27, 2018, 01:27:18 PM
November 2017 - $10,267
December 2017 - $11,208
January 2018 - $10,713
February 2018 - $11,869
March 2018 - $14,175
April 2018 - $14,330
May 2018 - $14,592

August 2018 - $19,246

Long story short, I changed my screen name, long term boyfriend broke up with me, gonna be saving at a slower rate now, but still saving as best I can.  Longer story is in the race to $10K thread.  Sorry I missed posting for two months.  It's been rough.
Title: Re: Race from 10 to 100k!!
Post by: Serendip on August 28, 2018, 09:22:26 AM
Good work still saving @LittleWanderer , sorry to hear about the break-up!
Title: Re: Race from 10 to 100k!!
Post by: Steeze on August 28, 2018, 05:10:56 PM
Count us in!

May 2018: $55,766
June 1 2018 - $60,028
July 1 2018 - $66,306
Aug 1 2018 - $74,667

Sept 1 2018 - $83,868
EDIT: -> went from 85k to 83k due to accounting error :'(

Triple paycheck month! and Mr. Market is up! and 30-day no eating out challenge COMPLETE
Title: Re: Race from 10 to 100k!!
Post by: twistedfirestarter on August 28, 2018, 09:41:18 PM

£24,041 Apr '17
£26,105 May '17
£28,229 Jun '17
£31,961 Jul '17
£34,902 Aug '17
£37,596 Sep '17
£41,756 Oct '17
£45,885 Nov '17
£49,200 Dec '17
£53,000 Jan '18
£55,765 Feb '18
£58,840 Mar '18
£61,802 Apr ‘18
£66,336 May ‘18
£70,866 Jun ‘18
£74,169 July ‘18

£78,963 Aug '18 ($101,625) woop woop !!
£82,615 Sep '18

Made it passed 100k $, great milestone but I'm staying here till £100k
Title: Re: Race from 10 to 100k!!
Post by: Trifle on August 29, 2018, 04:45:28 AM
Congrats @twistedfirestarter!  You get to celebrate twice!
Title: Re: Race from 10 to 100k!!
Post by: twistedfirestarter on August 29, 2018, 04:53:37 AM
Congrats @twistedfirestarter!  You get to celebrate twice!

Thanks, only feels like yesterday I was graduating from the 10k race, can’t believe how well the stache is doing.
Title: Race from 10 to 100k!!
Post by: twistedfirestarter on August 29, 2018, 04:53:01 AM
Double post
Title: Re: Race from 10 to 100k!!
Post by: QuillScroll on August 29, 2018, 06:02:01 AM
Hi All,

I have added my name and networth in the google spreadsheet.
Here are numbers for this month -

30-Apr-18   $37941
24-May-18   $40069
18-Jun-18   $41679
19-Jul-18   $46413
29-Aug-18   $54535
Title: Re: Race from 10 to 100k!!
Post by: arob54600 on August 30, 2018, 10:39:53 AM
Hey everyone!
I'm just doing my monthly check in to keep my self accountable. I just got a promotion :) Can't wait to see how that translates into more savings!

November 17-  41195
December 17-  42526
January 18-     47966
February 18-   47104
May 18 -         48521
July 18 -         53000
August 18-     55866 (44134 left til goal!)

See ya'll next month :)


Title: Re: Race from 10 to 100k!!
Post by: vertkurt on August 30, 2018, 07:36:58 PM
1/1= 14,705
2/1/18= 18,264
3/1/18= 21,225
4/1/18= 22,741
5/1/18= 26,020
6/1/18= 28,987
7/1/18= 31,457
8/1/18= 34,642

All packed up and ready for the new job and move across the country. I'm burning all my unused PTO in Spain for 3 weeks. New job starts Aug 20 at x2 my current salary. Looking forward to doubling my savings rate.

9/1/18= 37,413

The move went well. Still getting settled in California, but so far so good. Have to wait 3 months at the new job before I can start 401k contributions again.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on August 31, 2018, 04:28:45 AM
1/1= 14,705
2/1/18= 18,264
3/1/18= 21,225
4/1/18= 22,741
5/1/18= 26,020
6/1/18= 28,987
7/1/18= 31,457
8/1/18= 34,642

All packed up and ready for the new job and move across the country. I'm burning all my unused PTO in Spain for 3 weeks. New job starts Aug 20 at x2 my current salary. Looking forward to doubling my savings rate.

9/1/18= 37,413

The move went well. Still getting settled in California, but so far so good. Have to wait 3 months at the new job before I can start 401k contributions again.

Congrats on the new job @vertkurt!  Sounds like you are lighting the fuse on your savings, and big things will be happening.   
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on August 31, 2018, 09:12:25 AM
When I joined this thread, I wanted to keep myself motivated as we paid off debt so I was only tracking assets here. However now that we've officially crossed the threshold over $10k net worth, I'm going to shift gears and only track our net worth here.

8/31/18: $66,874 $12,784

We've got a long way to go! We're still paying off student loans (estimated payoff Spring 2019) so our progress will probably remain steady until that's off our plate. Loose projection of graduating this thread EoY 2019 / early 2020.

Title: Re: Race from 10 to 100k!!
Post by: martyconlonontherun on August 31, 2018, 09:27:59 AM


Background:
Age: 30
"Switched" Careers at 25.
Started taking personal finances 'seriously' around 27 (aka actually saving money, 401k, etc).
Started taking personal finances seriously around 29
Salary gradually up to 65k, 68k as of End of 2017, 75k at beginning of CY18
Married but don't include house (equity/mortgage) or joint savings in these calculations since she's the boss, it gets messy with house equity/sweat equity ($40k total on a $170k house in May 17), and it will just be cherry on the top.
-3.5 years left of student loan payments I'm aggressively paying off/refinanced in January '17
-15 year mortgage in May '17
-Not including 529 accounts-Only a few hundred now, but it will be going to Godchildren/my future children so not my money in my eyes.

January 2016-
($45k) Student Debt
($2k) Personal CC Debt
$8k 401k
NW: ($38k)

NW April 2016: ($34K)
July 2016: ($28.4k)
October 2016: ($22.6k)
January 2017: ($20.8k) (Refinanced loan and intransit payments not reflected)
April 2017: ($10.9k)
July 2017: ($5.7k)
August 2017: ($2.5k)
September 2017:(~$1.7k)
October 2017: $1.8k - $32k
November 2017: $4.5K - Investments ~$33.8k.
December 2017: $7.9K - Investments ~$37.8k.
January 2017: $11.4K - Investments ~$39.6k.
February 2018: $14.3K - Investments ~$43.9k.
March 2018: $16k - Investments ~$44.2k
April 2018: $17.1K - Investments ~$45.2k.
May 2018: $19.8k - Investments ~$47k
June 2018: $23.2k - Investments ~$50.1k
July 2018: $28.3k - Investments ~$54k
August 2018: $34.3k - Investments ~$58.9k
Goal: 50k at end of year.

Beginning September 2018: $34.4k - Investments ~$61.7k
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on August 31, 2018, 10:39:00 AM
Joining now but I do have some historical data. This seems like a fun competition!

I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big, and I just started it in July. My checking account is also not included as it has money I will likely spend this month. Money in retirement accounts that is not vested is also not included. Part of the big jump in between April and August is that part of my 401K vested 20%. My investments generally go up by over $1200 a month, so to get to 100k should take me about 5 years if it does not appreciate. My savings rate will probably be higher next year, as I am looking for a new job in a lower cost of living area, or if I keep my current job, the 401k match goes up to 6% for 4.5%.

Net worth:
Dec2017:$7800
Apr2018:$13,200
Aug2018:$22,800

Best of Luck Everyone!
Title: Re: Race from 10 to 100k!!
Post by: Tass on August 31, 2018, 10:55:42 AM
Wohooo amazing Tass! And with such ease (as in, you actually managed a .2 as well ;))!

I was $200 over a goal in a month where I saw almost $400 in investment gains. It was luck. ;)

As for this month:

Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k

Aug 18: $20.8k

That number obscures a lot of money-moving this month. The $600 gain encompasses $2300 in new investments and $2000 in planned spending out of my cash cushion. I had a three paycheck month, and I also bought every plane ticket I will need for the next six months (including an international trip) to meet a minimum spend for a cc bonus.

Next month I'm expecting over $700 in reimbursements, as well as nearly $300 for that cc bonus, so I should get boosted right back up to my previous trendline.

I also applied to a new apartment with rent way lower than I was budgeting for, and my forecast is SO CLOSE to shaving a year off the 100k goal. $350 stands between me and an expected 2022 graduation. (Slow train ftw.)
Title: Re: Race from 10 to 100k!!
Post by: snoot on August 31, 2018, 11:46:14 AM
I changed my forum name to something a little more anonymous. My previous username was pretty easy to track back to me IRL.

December           2017       65,258
January              2018       67,602       (+2344)
February            2018       72,789       (+5187)
March                2018       75,413       (+2623)
April                  2018       75,770       (+357)
May                   2018       73,933       (-1837)
June                  2018       77,260       (+3327)
July                   2018       77,632       (+372)
August               2018       79,049       (+1417)
September         2018       83,381       (+4332)

I also had a good month at work. I just got a promotion that comes with an ~18k raise. I work in education and have access to a 457 and 403b, so I'm going to use the raise to pay off a few small student loans I have hanging around and then max out the 457 for next year. My husband just took on a new part time job that's going to bring in an extra +10k next year too! It's crazy how things can change in a short period of time. My main goal for the next month is to find a way to 'hide' all of that money from us so we don't see the difference in our paychecks!

Congrats to everyone on the promotions, new jobs, and life changes.
Title: Re: Race from 10 to 100k!!
Post by: Mattrim on August 31, 2018, 12:41:42 PM
6/30: 5828.16$
8/1:   15412.83$ (+9586.67$)
8/31: 19351.65$ (+3938.82$)

Goal 12/31: 37500$ (requires about 4500$ each month)

Happy with the development. Low salary this month as DW had a few days off without salary. I'm really excited about the next month as it should be quite a bit better than this!

Great job everybody!
Title: Re: Race from 10 to 100k!!
Post by: Cezil on August 31, 2018, 01:04:16 PM
Dec-16: $32,870.70
Dec-17: $58,271.55   (+ 25,400.85)
Jan-18: $65,122.37   (+ 6,850.82)
Feb-18: $67,352.98   (+ 2,230.61)
Mar-18: $66,410.59   (- 942.39)
Apr-18:  $65,337.11   (- 1,073.48)
May-18: $68,032.74   (+ 2,695.63)
Jun-18:  $68,405.97   (+ 373.23)
Jul-18:   $70,232.18   (+ 1,826.21)
Aug-18: $71,995.44   (1,763.26)

Title: Re: Race from 10 to 100k!!
Post by: Svoboda on September 01, 2018, 04:42:24 AM
Dec 17: 37,449
Jan 18: 40,439
Feb 18: 42,796
Mar 18: 44,219
Apr 18: 42,188
May 18: 46,097
June 18: 49,516
July 18: 53,589
Aug 18: 57,668
Sep 18: 61,740
Title: Re: Race from 10 to 100k!!
Post by: katthjul on September 01, 2018, 05:25:08 AM
EOY 2014: €0
EOY 2015: €16,728
EOY 2016: €41,467
EOY 2017: €64,929
Jan 2018: €67,989
Feb 2018: €69,128
Mar 2018: €66,962
Apr 2018: €72,421
May 2018: €75,002
Jun 2018: €77,356
Jul 2018: €80,826
Aug 2018: €84,390

At the current pace, I could with some effort reach 100k by the end of the year.
Title: Re: Race from 10 to 100k!!
Post by: ASW on September 01, 2018, 06:11:21 AM
1/1/2018: $38,800
2/1/2018: $49,800
3/1/2018: $55,707
4/1/2018: $64,352
5/1/2018: $68,097
6/1/2018: $72,976
7/1/2018: $80,555
8/1/2018: $85,858
9/1/2018: $90,137

Saved about $3,300 this month, so I got a little help from the market.  This is the first time that my projections have me reaching $100k in November instead of December.  I may graduate a month early!

Congrats to everyone who is continuing to grow the stache through big life changes!
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on September 01, 2018, 06:34:40 AM

Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

June ended around 36,000 (estimate, was too busy to exactly keep track). July ends with my NW up to $38,676.

Happy with my progress, though I've been spendier than I should.  On a plus side, it looks like I'll be taking a new job which should see a ~20% bump in pay, plus a nice sign on bonus. So my NW should begin to grow more quickly! Ohh and my commute will be dropping from 42 miles down to 2.5 miles! As a result I'll be saving a ton on gas and wear and tear on my car.

9/29/17 - $11,511 (First post in thread)
6/30/18 - $36,000
7/31/18 - $38,676
8/31/18 - $40,277

Decided to clean up my thread/format.

August Notes
I did in fact take the new job, pay bump was close to 25%. Very happy with the change thus far.

Got a nice fat final check from my prior employer, which included all of my remaining vacation time.

Sadly, the check quite nearly matched the car repair bill that I incurred a few weeks ago. Hopefully it'll be good for a while, its at almost 190K miles and I have no intention of getting another car ever anytime soon.
Title: Re: Race from 10 to 100k!!
Post by: L2 on September 01, 2018, 08:04:35 AM
End of July NW: 84,495
End of Year projected NW: 104,324
End of August NW: 88,430.58
End of Year projected NW: 105,233.73
Title: Re: Race from 10 to 100k!!
Post by: lexde on September 01, 2018, 08:06:28 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
06/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62

8/31/2018: $27,393.30
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on September 01, 2018, 10:12:09 AM
I haven't updated this in ages, here's how my year is going

Jan - 63.8k
Feb - 64.0k
Mar - 65.0k
Apr - 65.4k
May - 67.5k
June - 69.5k
July - 72.3k
Aug - 74.0k
Sept - 76.7k

Started slow, looking like a stronger finish though.  Was hoping to hit 100k by the end of the year, which was a little optimistic, shooting for 90 now.  Graduation, spring/summer 2019
Title: Re: Race from 10 to 100k!!
Post by: SansSkill on September 01, 2018, 12:35:50 PM
January: €3068.76
February: €3965.75
March: €4758.99
April: €7103.66
May: €7508.32
June: €10068.37

July:
Checking account: €2046.63
Emergency Fund: €5000.00
Amortization Fund: €54.18
Goal Fund: €500.00
Investment: €3706.89
Total: €111307.7

August:
Checking account: €1490.19
Emergency Fund: €5000.00
Amortization Fund: €257
Deductible Fund: €885.00
Holiday Fund: €0.00
Investment: €3773.15
Total: €11405.34

Due to medical issues I decided to quit my part time job and focus fully on my studies, as such I also made some changes to my account structure, I changed the Goal Fund to the Deductible Fund in anticipation of having to pay that, and added a new savings account for my holiday. Didn't used to be such a fun but went on two week and half long vacations this summer and I really enjoyed it. Current goal is €800 for that, which I intend to reach with 8x €100 months. Regardless I'll probably not grow too much, being only able to save €100-200 a month at most, and as such am mostly depended on the continuation of the bull market for any gains for the next year and a half. Which if fine, my body is worth more to me then an extra year of investments.
Title: Re: Race from 10 to 100k!!
Post by: adamsputnik on September 01, 2018, 03:48:48 PM
1/18/18 - 18,350.00
3/15/18 - 20,267.70
5/17/18 - 19,930.00
8/31/18 - 25,908.00

Making some real progress finally.
Title: Re: Race from 10 to 100k!!
Post by: peppermint on September 01, 2018, 04:36:03 PM
01/2018: $40796.81
02/2018: $41337.51
03/2018: $42682.42
04/2018: $46138.41
05/2018: $48761.77
06/2018: $51084.06
07/2018: $56155.54
08/2018: $55622.63
09/2018: $62036.49

Forgot that I got my academic calendar paycheck spread over all 12 months!! That was a nice surprise. That means that even with some emergencies over the summer, I'm in good shape.
Title: Re: Race from 10 to 100k!!
Post by: Old Ball Coach on September 01, 2018, 06:31:11 PM
This includes all our retirement and personal accounts for assets. It includes our credit cards, student loan, and mortgage for liabilities. It DOES NOT include our home value.

April 2018 - $52,917.42
May 2018  - $58,400.19
June 2018 - $59,686.34
July 2018  - $65,798.53
August 2018 - $72,231.70

Another great month for investments. I am also paying down our credit card total. It's down under $10k! Am planning on having that paid off in about 6 months. It'll be wonderful, and the wheels will start moving much faster!
Title: Re: Race from 10 to 100k!!
Post by: zygote on September 02, 2018, 02:04:50 AM
Hello! I am new to MMM. I'm 28, recently married, and we maintain separate finances. The goal is to be in a strong financial position to maintain flexibility in the future, not necessarily RE. I have a job that I love with amazing benefits, so I am not in a hurry to retire. But as you all know, that could always change.

I have always lived below my means in that I have never held any debt, but I've never really saved. I was a grad student living on a lean stipend in a HCOL city until a year and a half ago. I'm still in the same HCOL city, but now I have a real salary, a defined contribution retirement plan, and access to 403b and 457 accounts.

Current net worth: $48,533.91
Breakdown below...
Cash: $17,747.04
Retirement plan: $18,702.39
403b: $679.16 (Just opened this 1/1/18)
Roth IRA: $11,736.04 (Did not open this until 2016 tax year)
Credit card: -$330.72 (Use this for normal expenses, pay off in full every month)

I was over $50k a week ago, but of course the stock market is going down at the moment. Shares on sale!

3/18: $48,533.91
4/18: $53,215.13 (+4,681.22 - extra paycheck)
5/18: $55,433.65 (+2,218.52)
6/18: $57,041.95 (+1,572.27)
7/18: $59,753.49 (+2,711.54)
8/18: $63,816.19 (+4,062.70)
9/18: $70,101.27 (+6,285.08 - extra paycheck)

This was a three paycheck month so I was expecting to save a lot, but I had no idea I was going to save this much. I felt like I spent a ton. My tracking says otherwise. Wow.
Title: Re: Race from 10 to 100k!!
Post by: druth on September 02, 2018, 06:55:42 AM
I did the thing!

It took me longer than I thought, but I'm happy to have made it. :)
Title: Re: Race from 10 to 100k!!
Post by: L2 on September 02, 2018, 08:16:12 AM
I did the thing!

It took me longer than I thought, but I'm happy to have made it. :)
congrats! See you in the next thread soon!
Title: Re: Race from 10 to 100k!!
Post by: dutty on September 02, 2018, 09:17:12 AM
Quote
12/15 -£2,610  
12/16  £5,250   (+£7,860 ~ +301%)
12/17  £10,810 (+£5,560 ~ +106%)

01/18  £21,300  (+£10,490 ~ +97%)
02/18  £25,500  (+£4,200 ~ +20%)
03/18  £48,800  (+£23,300 ~ +91%)
04/18  £50,620   (+£1,820 ~ +4%)
05/18  £50,200   (-£420 ~ -1%)
06/18  £49,940   (-£260 ~ -0.5%
07/18  £56,320   (+£6380 ~ +13%)
08/18  £60,400 (+£4080 ~ +7% )


I've just moved out of my parents home into a house share so I will now start incurring some larger regular expenses (mainly rent and groceries). It's reassuring to know that I have 86 months worth of rent payments saved for a rainy day :)


I did the thing!

It took me longer than I thought, but I'm happy to have made it. :)

Nice, well done.
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on September 03, 2018, 05:21:33 AM
Tracking net worth.

EOY 12.2017 - £4,360
01.2018 - £6,895 = + £2,535
02.2018 - £7,943 = + £1,048
03.2018 - £8,754 = + £811
04.2018 - £10,331 = + £1,577
05.2018 - £31,777 = + £21,446 (received an inheritance)
06.2018 - £33,386 = + £1,609
07.2018 - £35,086 = + £1,700
08.2018 - £36,571 = + £1,485
09.2018 - £38,818 = + £2,247

Assets = £49,626
Student loans = (£10,808)
Title: Re: Race from 10 to 100k!!
Post by: iTellStories on September 03, 2018, 10:04:11 AM
Aug 1, 2017: $31,378
Sep 1, 2017: $33,723
Oct 1, 2017: $37,296
Nov 1, 2017 $42,930
Aug 3, 2018: $62,456
Sep 3, 2018: $66,859

I may be purchasing a house this fall, so it might impact how fast this 'stache grows in the future.  Weighing my options, as I don't want to be priced out of my neighborhood in the next few years.  I'm currently renting in a small part of the city that's so close to work and I love it here.
Title: Re: Race from 10 to 100k!!
Post by: MommyCake on September 04, 2018, 06:43:24 AM
Joining!  Hi Everyone!  I "graduated" from Rosy's Race to 50k where I tracked my TSP account.  For this challenge I'll be tracking all investments (instead of total NW).  My goal is to have 100k in invested assets by June 2019.

9/4/18  73,600
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on September 05, 2018, 02:03:21 AM
Aug 15: 5327 (found MMM)
Jan 16: 12700
Jan 17: 31444
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Apr 18: 75766
May 18: 77414
Jun 18: 81980
Jul 18: 82825
Aug 18: 82665
Sep 18: 84098

Going up again... gotta keep that momentum going.
Title: Re: Race from 10 to 100k!!
Post by: andy85 on September 05, 2018, 09:49:09 AM
Andddddd done.

$106,793



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
Mar 17   $71,221
Apr 17   $73,018
May 17   $71,772
Jun 17   $69,832
Jul 17   $72,166
Aug 17   $73,360
Sep 17   $76,497
Oct 17   $77,675
Nov 17   $80,642
Dec 17   $82,238
Jan 18   $86,553
Feb 18   $85,058
Mar 18   $92,587
Apr 18   $92,392
May 18   $93,023
Jun 18   $94,575
Jul 18    $98,373
Aug 18  $106,793
Title: Re: Race from 10 to 100k!!
Post by: ASW on September 05, 2018, 11:43:07 AM
Nice job @andy85 and congratulations on your huge last month!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on September 05, 2018, 05:17:57 PM
Woo Hoo @andy85 !!
Title: Re: Race from 10 to 100k!!
Post by: politenessman on September 09, 2018, 01:45:23 PM
Aug   $ 81,356
Jul   $ 66,521
Jun   $ 64,243
May   $ 60,386
Apr   $ 56,284
Mar   $ 55,824
Feb   $ 55,756
Jan   $ 51,828

Update time:
Sep   $ 88,159
Aug   $ 81,356
Jul   $ 66,521
Jun   $ 64,243
May   $ 60,386
Apr   $ 56,284
Mar   $ 55,824
Feb   $ 55,756
Jan   $ 51,828
Title: Re: Race from 10 to 100k!!
Post by: UnexpectedExpenseExpector on September 11, 2018, 12:22:33 AM
Way to go @andy85 and @druth !

Here is my update:

2014 Jan: (129,703.05)
2015 Jan: (115,355.51)
2016 Jan: (82,545.00)
2017 Jan: 2,693.77

2018
Jan: 48,429.84
Feb: 39,863.96 (Acquired new to us mini-van at low end of our price range and at low end of mileage for vehicles in our price range)
Mar: 44,139.97
Apr: 44,650.91 
May: 48,082.98 (Awesome month for the networth despite getting to pay rent on two places and waiting on the return of one security deposit. Thank you Mr. Market!)
June: 52,774.50  (Cue up the Bon Jovi!)
July: 56,756.98 (Welcome Baby #3)
August: 63,139.77
...
2018 Dec: 68,000 (GOAL)
...
2019 Jul: 100,000 (GOAL)

Happy to have ticked up that 5th digit again.  We are actually almost to 100k in assets but the 30k of student loan debt is still holding this number down, but that is back in the crosshairs!  The December goal is looking very doable at this point provided the market continues to climb.
Title: Re: Race from 10 to 100k!!
Post by: FI45RE on September 13, 2018, 01:08:26 PM
First MMM Forum Post! Found MMM in late December 2017. Made immediate changes. Been reading the forum for awhile now...

Investments + 403b/401k:

12/2017: $38,165 (previously sitting and earning a measly 1.35% in savings) (Before investing/pre-MMM)
01/2018: $39,072
02/2018: $47,432
03/2018: $53,824 (as of 3/12)

My spreadsheet indicates that I will reach $100k by 1/1/2019

Still plugging along...

9/13/2018 Update: $77,976

Should still be on track for an end of the year $100k goal!
Title: Re: Race from 10 to 100k!!
Post by: UnexpectedExpenseExpector on September 13, 2018, 11:17:14 PM
Awesome job @FI45RE ! I hope you beat your target!
Title: Re: Race from 10 to 100k!!
Post by: lexde on September 14, 2018, 01:23:08 PM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
06/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30

9/14/2018: $28,138.60
Title: Re: Race from 10 to 100k!!
Post by: ItsALongStory on September 14, 2018, 04:41:06 PM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
06/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30

9/14/2018: $28,138.60

$16k in 6 months is pretty awesome, I know how slow it goes in the beginning.
Title: Re: Race from 10 to 100k!!
Post by: lexde on September 14, 2018, 07:12:22 PM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
06/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30

9/14/2018: $28,138.60

$16k in 6 months is pretty awesome, I know how slow it goes in the beginning.
Thanks! I just secured a 10k bonus with a lateral transfer so hopefully it goes faster soon!
Title: Re: Race from 10 to 100k!!
Post by: 11ducks on September 16, 2018, 01:26:40 AM
You guys are so impressive! This is me (Excluding superannuation and house)

Dec 17 - $16500
Jan 18 - $19000
Feb 18 - $20100
Mar 18 - $21120
Apr 18 - $22090
May 18 - $23700
Jun 18 - $26400
July 18 - $28400
Aug 18 - $29400

I've picked up a second job - goal is $40k by end of 2018!
Title: Re: Race from 10 to 100k!!
Post by: QuillScroll on September 17, 2018, 08:18:22 AM
Update for this month -

30-Apr-18         37941
24-May-18     40069
18-Jun-18       41679
16-Jul-18       46413
13-Aug-18       52974
17-Sep-18       58683
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on September 17, 2018, 11:27:24 AM
Mid-month NW update

8/31/18: $12,784
9/17/18: $14,547

Title: Re: Race from 10 to 100k!!
Post by: PassMMM on September 21, 2018, 09:47:14 AM
Update: Looking like I'll be about 1 month away, so should hit my goal of 100k before 2019 with room to spare! See you all on the 100-250 thread!

April - 41k
May - 48k
June - 55k
July - 66k
Aug-  74k
Sept - 83k
End Sept/NOW (should be same 10/1) - 94k
Title: Re: Race from 10 to 100k!!
Post by: ASW on September 21, 2018, 12:38:22 PM
@PassMMM Geez those are huge chunks.  Congrats!
Title: Re: Race from 10 to 100k!!
Post by: adamsputnik on September 21, 2018, 06:36:01 PM
1/18/18 - 18,350.00
3/15/18 - 20,267.70
5/17/18 - 19,930.00
8/31/18 - 25,908.00
9/21/18 - 28,115.00

One big credit card balance paid off, even if it was at 0%. Those promo periods don't last forever...

Now one more to go. She'll be done in a couple of months.
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on September 26, 2018, 12:36:29 PM
Jan 2018 €16.000
Feb 2018 €17.050 (+1050)
Mar 2018 €17.300 (+250)
Apr 2018 €18.600 (+1300)
May 2018 €21.200 (+2600)
June 2018 €23.300 (+2100)
July 2018 €24.400 (+1100)
Aug 2018 €25.700 (+1300)
Sept 2018 €26.100 (+400)

Slow month as I went on a 3 week vacation. Still going upwards though :)
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on September 27, 2018, 09:01:59 AM
November 2017 - $10,267
December 2017 - $11,208
January 2018 - $10,713
February 2018 - $11,869
March 2018 - $14,175
April 2018 - $14,330
May 2018 - $14,592
August 2018 - $19,246

September 2018 - $20,031
Title: Re: Race from 10 to 100k!!
Post by: Serendip on September 27, 2018, 10:51:10 AM
Dec 18/17    18,146
Jan 19/18     23,607
Feb 20/18     27,000
Mar 31/18     29,008
Apr 19/18     30,100
May 29/18    35,030
June28/18    36,700
July 25/18    39,000
Aug 26/18    40,150
Sept 27/18   42,500

Unavoidable large expenses coming up this month, as well as going to visit family and I just had over two weeks off which will now catch up with me. Am trying to add a few shifts here & there to account for part of it but might have a dip into savings unless I can really pick it up a couple of notches!
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on September 28, 2018, 07:17:41 AM
End of September update

8/31/18: $12,784
9/17/18: $14,547
9/28/18: $$22,476

A couple positive things gave us a bump this month (and going into next month). DH got a bonus and will be getting a raise that takes effect starting in the next month. I will likely get a small bonus as well next month. So progress!
Title: Re: Race from 10 to 100k!!
Post by: Spruit on September 28, 2018, 09:05:38 AM
Hello, there! I just graduated out of the 0 to 10k group, so thought I'd join here. With current income and spending I'm guessing it'll take me 10 years to reach 100k. Let's try to speed it up a bit.

I take home around 1800 euros a month (income's a bit variable: sometimes 1700, sometimes 2100 euros)
My spending hovers around 1000 euros a month, which leaves me 800 to save up and invest. Currently saving up for a house, but also investing for long term gains.

Me and my partner share some expenses and save up for those together on a seperate bank account. I'll just track my private assets in this thread.

Current NW: 12,056 k
Title: Re: Race from 10 to 100k!!
Post by: lexde on September 28, 2018, 09:23:01 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
06/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60

9/28/2018: $30,242.60

Broke 30k!
Title: Re: Race from 10 to 100k!!
Post by: jasert39 on September 28, 2018, 10:53:56 AM
I've been using Personal Capital to track our net work for a few months, this will be a fun place to keep track and more importantly keep ourselves on the saving path!  I've only used the site to factor investment/retirement accounts against mortgage and car loan balance, I have cash set aside for home improvements\emergency so I didn't want that money to show a inflated NW, also have not used homes value to factor into the calculation.


September 1, 2018 - $16,853
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on September 28, 2018, 12:15:24 PM
Welcome Spruit; congrats on the graduation!

Lexde; well done on crossing 30k! You're jumping forward so fast!
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on September 28, 2018, 04:45:10 PM
Jan1 - 63.8k
Feb1 - 64.0k
Mar1 - 65.0k
Apr1 - 65.4k
May1 - 67.5k
June1 - 69.5k
July1 - 72.3k
Aug1 - 74.0k
Sept1 - 76.7k
Oct1 - 79.6k

Updating this slightly early.  Decent month, looking like I could pass 90k by the end of the year without too much work, or get darn close to graduating if I really put in the effort. 
Title: Re: Race from 10 to 100k!!
Post by: snoot on September 29, 2018, 04:21:22 AM
January              67,602
February             72,789
March                 75,413
April                    75,770   
May                    73,933   
June                   77,260
July                    77,632   
August               79,049
September         83,381 
October.             88,081

Well done, everyone!

Sent from my moto g(6) using Tapatalk

Title: Re: Race from 10 to 100k!!
Post by: ASW on September 29, 2018, 06:20:03 AM
1/1/2018:   $38,800
2/1/2018:   $49,800
3/1/2018:   $55,707
4/1/2018:   $64,352
5/1/2018:   $68,097
6/1/2018:   $72,976
7/1/2018:   $80,555
8/1/2018:   $85,858
9/1/2018:   $90,137
10/1/2018: $93,806

This month I focused on asset allocation, and I think I've got something that I'm comfortable going forward with.  Next month my goal is to finalize my investment policy statement.  I did some analysis and realized that I'm paying very little in taxes, and so I'm going to make all my retirement contributions Roth from here on out.  Also, I liquidated the 529s I had with USAA and moved that money into VTSAX at Vanguard, so now all my investments are in low-cost index funds. 

Welcome to all the newcomers!
Title: Re: Race from 10 to 100k!!
Post by: ItsALongStory on September 29, 2018, 07:03:42 AM
1/1/2018:   $38,800
2/1/2018:   $49,800
3/1/2018:   $55,707
4/1/2018:   $64,352
5/1/2018:   $68,097
6/1/2018:   $72,976
7/1/2018:   $80,555
8/1/2018:   $85,858
9/1/2018:   $90,137
10/1/2018: $93,806

This month I focused on asset allocation, and I think I've got something that I'm comfortable going forward with.  Next month my goal is to finalize my investment policy statement.  I did some analysis and realized that I'm paying very little in taxes, and so I'm going to make all my retirement contributions Roth from here on out.  Also, I liquidated the 529s I had with USAA and moved that money into VTSAX at Vanguard, so now all my investments are in low-cost index funds. 

Welcome to all the newcomers!

What a difference a year makes, you have basically already tripled your investments since January.
Title: Re: Race from 10 to 100k!!
Post by: Steeze on September 29, 2018, 11:41:16 AM
Count us in!

May 2018: $55,766
June 1 2018 - $60,028
July 1 2018 - $66,306
Aug 1 2018 - $74,667
Sept 1 2018 - $83,868

Oct 1 2018 - $93,108

Had a spendy month with too much eating out than is warranted - luckily DW had a Guzheng gig at a wedding that made up for it !

On track for graduation next month, 2 months ahead of schedule !
Title: Re: Race from 10 to 100k!!
Post by: ASW on September 29, 2018, 02:27:28 PM
1/1/2018:   $38,800
2/1/2018:   $49,800
3/1/2018:   $55,707
4/1/2018:   $64,352
5/1/2018:   $68,097
6/1/2018:   $72,976
7/1/2018:   $80,555
8/1/2018:   $85,858
9/1/2018:   $90,137
10/1/2018: $93,806

This month I focused on asset allocation, and I think I've got something that I'm comfortable going forward with.  Next month my goal is to finalize my investment policy statement.  I did some analysis and realized that I'm paying very little in taxes, and so I'm going to make all my retirement contributions Roth from here on out.  Also, I liquidated the 529s I had with USAA and moved that money into VTSAX at Vanguard, so now all my investments are in low-cost index funds. 

Welcome to all the newcomers!

What a difference a year makes, you have basically already tripled your investments since January.

Haha yeah...that's what discovering the FIRE concept will do.  Pre MMM, 10 years of working = $38k of savings.  Post MMM, 10 months of working = $55k of savings.
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on September 29, 2018, 04:24:16 PM
1/1/2018:   $38,800
2/1/2018:   $49,800
3/1/2018:   $55,707
4/1/2018:   $64,352
5/1/2018:   $68,097
6/1/2018:   $72,976
7/1/2018:   $80,555
8/1/2018:   $85,858
9/1/2018:   $90,137
10/1/2018: $93,806

This month I focused on asset allocation, and I think I've got something that I'm comfortable going forward with.  Next month my goal is to finalize my investment policy statement.  I did some analysis and realized that I'm paying very little in taxes, and so I'm going to make all my retirement contributions Roth from here on out.  Also, I liquidated the 529s I had with USAA and moved that money into VTSAX at Vanguard, so now all my investments are in low-cost index funds. 

Welcome to all the newcomers!

What a difference a year makes, you have basically already tripled your investments since January.

Haha yeah...that's what discovering the FIRE concept will do.  Pre MMM, 10 years of working = $38k of savings.  Post MMM, 10 months of working = $55k of savings.

THIS. December 2017, our net worth was -$48k. As of today, our net worth is +$25k. What a difference MMM makes.

Nice job getting yourself to this point!!!
Title: Re: Race from 10 to 100k!!
Post by: jasert39 on September 30, 2018, 07:17:08 AM

I've been using Personal Capital to track our net work for a few months, this will be a fun place to keep track and more importantly keep ourselves on the saving path!  I've only used the site to factor investment/retirement accounts against mortgage and car loan balance, I have cash set aside for home improvements\emergency so I didn't want that money to show a inflated NW, also have not used homes value to factor into the calculation.


September 1, 2018 - $16,853
October 1, 2018 - $20,234
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on September 30, 2018, 07:44:56 AM
Haha yeah...that's what discovering the FIRE concept will do.  Pre MMM, 10 years of working = $38k of savings.  Post MMM, 10 months of working = $55k of savings.

You have saved more this year than I make in a year!  (By a good amount!)  That's amazing!  You should be super proud of yourself.
Title: Re: Race from 10 to 100k!!
Post by: Mattrim on September 30, 2018, 11:31:46 AM
6/30: 5828.16$
8/1:   15412.83$ (+9586.67$)
8/31: 19351.65$ (+3938.82$)
9/31: 25450$ (+6099$)

Goal 12/31: 37500$ 40000$ (requires about 4500 4850$ each month)

Amazing to see the progress everyone is doing! Remember to update the spreadsheet: 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)
Title: Re: Race from 10 to 100k!!
Post by: Svoboda on September 30, 2018, 12:46:34 PM
Dec 17: 37,449
Jan 18: 40,439
Feb 18: 42,796
Mar 18: 44,219
Apr 18: 42,188
May 18: 46,097
June 18: 49,516
July 18: 53,589
Aug 18: 57,668
Sep 18: 62,740
Oct 18: 64,747
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on September 30, 2018, 02:07:31 PM

Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

June ended around 36,000 (estimate, was too busy to exactly keep track). July ends with my NW up to $38,676.

Happy with my progress, though I've been spendier than I should.  On a plus side, it looks like I'll be taking a new job which should see a ~20% bump in pay, plus a nice sign on bonus. So my NW should begin to grow more quickly! Ohh and my commute will be dropping from 42 miles down to 2.5 miles! As a result I'll be saving a ton on gas and wear and tear on my car.

9/29/17 - $11,511 (First post in thread)
6/30/18 - $36,000
7/31/18 - $38,676
8/31/18 - $40,277
9/30/18 - $50,572


September Notes

Halfway there! Wish my progress could be this good every month! I get paid once per month on the 1st, however my October check was deposited into my account yesterday so I wound up with a two paycheck month.
Title: Re: Race from 10 to 100k!!
Post by: ASW on September 30, 2018, 02:20:21 PM
Haha yeah...that's what discovering the FIRE concept will do.  Pre MMM, 10 years of working = $38k of savings.  Post MMM, 10 months of working = $55k of savings.

You have saved more this year than I make in a year!  (By a good amount!)  That's amazing!  You should be super proud of yourself.

Thanks! I’m fortunate to have a good income, low taxes, and a SO who is on board, which begs the question of where all that money has gone in the years prior to this one.  Oh well, here’s to a prosperous future for all of us!
Title: Re: Race from 10 to 100k!!
Post by: Tass on September 30, 2018, 03:44:38 PM
Welcome @Spruit! And congrats @LittleWanderer and @lexde for hitting new 10k markers!

Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k

Sept 18: $22.2k

And that's including paying a new housing deposit before (hopefully) getting the old one back! Shooting for $25k by the end of the year, and hoping the international trip in December doesn't impede that goal too much.

On the subject of the difference MMM makes... I started grad school in August 2015. First year, I saved $1,600. Second year, I saved $5,800, which I thought was pretty impressively frugal. Third year, I discovered MMM, got a $3k raise, and saved almost $14,000, representing 42% of my income. It's weird how much of this seems obvious now that wasn't obvious such a short time ago.

P.S. Upon entering my info into the spreadsheet, it appears that this month represents exactly double my NW at the start of 2018. (In the record above I've tracked the ends of months, so the Dec 17 number is also the January 1st 2018 number.) I was hoping to double it within the year and I'm blowing that goal out of the water. Onward!
Title: Re: Race from 10 to 100k!!
Post by: vertkurt on September 30, 2018, 06:40:09 PM
1/1= 14,705
2/1/18= 18,264
3/1/18= 21,225
4/1/18= 22,741
5/1/18= 26,020
6/1/18= 28,987
7/1/18= 31,457
8/1/18= 34,642
9/1/18= 37,413
10/1/18=41,426
Title: Re: Race from 10 to 100k!!
Post by: Old Ball Coach on September 30, 2018, 08:00:40 PM
This includes all our retirement and personal accounts for assets. It includes our credit cards, student loan, and mortgage for liabilities. It DOES NOT include our home value.

April 2018 - $52,917.42
May 2018  - $58,400.19
June 2018 - $59,686.34
July 2018  - $65,798.53
Aug 2018 - $72,231.70
Sept 2018 - $76,755.71

Our credit card debt is now down to about $7,000. We are rocking those things. Once those are paid off, we will be able to really start piling money into are retirement accounts. Probably will be able to make it to $100k by about March.
Title: Re: Race from 10 to 100k!!
Post by: L2 on October 01, 2018, 07:02:09 AM
End of July NW: 84,495
End of Year projected NW: 104,324
End of August NW: 88,430.58
End of Year projected NW: 105,233.73
End of September NW: 90,725.77
End of Year Projected NW: 105,847.91

Definitely a rougher month for me expense wise. Had $700 of work expenses that I covered up front, $750 in car repairs, weekend trips to Chicago and Toronto, and the girlfriend's birthday dinner/night out.

October should set up to be a nice month - very little out of the ordinary expenses, work expense reimbursement, and ~$1200 in net bonuses.
November should also be a nice month. Raise will go into effect beginning 11/1 and its a 3 paycheck month. Goal is now to hit 100k effective 11/30.
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on October 01, 2018, 07:59:00 AM
Aug 15: 5327 (found MMM)
Jan 16: 12700
Jan 17: 31444
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Apr 18: 75766
May 18: 77414
Jun 18: 81980
Jul 18: 82825
Aug 18: 82665
Sep 18: 84098
Oct 18: 85029

Bit slower, but for a good reason. I've been pressuring my parents to let me repay a loan to them. I borrowed some money when I was doing 2 Master degrees at the same time and not working. My parents wrote it down and told me to forget about it until they both passed and it'd be subtracted from the inheritance. Very nice, of course, but it's been niggling in the back of my mind for years. Now that my parents are retired, they're careful with money because they don't know if/when it will run out (it won't, I'm sure! Try telling them that). So after months of bartering, they're letting me pay it back. Poor souls feel bad about it too. Sometime's they're too good for this world.

I'm paying it back a couple hundred euro a month, so progress will be a bit slower. On the other hand, my house value flew up, I could easily add 50k networth, but I'm careful, the bubble might burst! And the value is completely intangible right now, so no use to me to inflate my numbers.
Title: Re: Race from 10 to 100k!!
Post by: peppermint on October 01, 2018, 08:25:54 AM
01/2018: $40796.81
02/2018: $41337.51
03/2018: $42682.42
04/2018: $46138.41
05/2018: $48761.77
06/2018: $51084.06
07/2018: $56155.54
08/2018: $55622.63
09/2018: $62036.49
10/2018: $64543.48

Feeling good about the gain! I have some big medical bills coming up this month, which will slow things, but hopefully it will continue being a net positive.
Title: Re: Race from 10 to 100k!!
Post by: zygote on October 01, 2018, 09:41:55 AM
Hello! I am new to MMM. I'm 28, recently married, and we maintain separate finances. The goal is to be in a strong financial position to maintain flexibility in the future, not necessarily RE. I have a job that I love with amazing benefits, so I am not in a hurry to retire. But as you all know, that could always change.

I have always lived below my means in that I have never held any debt, but I've never really saved. I was a grad student living on a lean stipend in a HCOL city until a year and a half ago. I'm still in the same HCOL city, but now I have a real salary, a defined contribution retirement plan, and access to 403b and 457 accounts.

Current net worth: $48,533.91
Breakdown below...
Cash: $17,747.04
Retirement plan: $18,702.39
403b: $679.16 (Just opened this 1/1/18)
Roth IRA: $11,736.04 (Did not open this until 2016 tax year)
Credit card: -$330.72 (Use this for normal expenses, pay off in full every month)

I was over $50k a week ago, but of course the stock market is going down at the moment. Shares on sale!

3/18: $48,533.91
4/18: $53,215.13 (+4,681.22 - extra paycheck)
5/18: $55,433.65 (+2,218.52)
6/18: $57,041.95 (+1,572.27)
7/18: $59,753.49 (+2,711.54)
8/18: $63,816.19 (+4,062.70)
9/18: $70,101.27 (+6,285.08 - extra paycheck)
10/18: $73,538.91 (+3,437.64)
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on October 01, 2018, 09:06:13 PM
Joining now but I do have some historical data. This seems like a fun competition!

I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big, and I just started it in July. My checking account is also not included as it has money I will likely spend this month. Money in retirement accounts that is not vested is also not included. Part of the big jump in between April and August is that part of my 401K vested 20%. My investments generally go up by over $1200 a month, so to get to 100k should take me about 5 years if it does not appreciate. My savings rate will probably be higher next year, as I am looking for a new job in a lower cost of living area, or if I keep my current job, the 401k match goes up to 6% for 4.5%.

Net worth:
Dec2017:$7800
Apr2018:$13,200
Aug2018:$22,800

Best of Luck Everyone!

Sep2018: $23,645
Part of me was really excited to show this number, as I am proud. The other part was disappointed I didn't save more.

This month I saved nothing for my replacement car goals, as I spent about $500 (not completely unexpected) on the car. Seeing as October 1st started with me in the ER by 2 a.m. (I am fine, don't need any sympathy), I don't think October will see much for gains either, as my HSA might lose some money.

That being said, all my bills are paid, I am in relatively good health with great friends, and because most of my savings are automated, I still picked up $800 worth of net-worth.  I am doing better than my former self, and probably most of the US adult population.
Title: Re: Race from 10 to 100k!!
Post by: arob54600 on October 02, 2018, 08:28:43 AM
Hey ya'll just checking in for End of Last month.

November 17-  41195
December 17-  42526
January 18-     47966
February 18-   47104
May 18 -         48521
July 18 -         53000
August 18-     55866
End of September - 57315

I'm just plugging right along, see ya on Halloween :)
Title: Re: Race from 10 to 100k!!
Post by: philli14 on October 02, 2018, 11:23:59 AM
Popping in here! Added some numbers to the document.

Didn't really track my NW before graduating from grad school, but have data from when I started my first job.

Sitting at ~53k currently.

Goal is 100k NW by end of 2019, stretch goal is 100k NW by my 26th birthday at the end of June.

Looking forward to be inspired by others and work hard towards this goal!
Title: Re: Race from 10 to 100k!!
Post by: TheLonelySaver on October 02, 2018, 02:12:02 PM
Date              Investment          Change
01.12.2016    CHF 12'570.00     CHF -   
01.12.2017    CHF 46'206.35     CHF 33'636.35
01.01.2018    CHF 48'263.15     CHF 2'056.80
01.02.2018    CHF 48'614.85     CHF 351.70
01.03.2018    CHF 47'185.76     CHF -1'429.09
01.04.2018    CHF 49'788.61     CHF 2'602.85
01.05.2018    CHF 52'135.13     CHF 2'346.52
01.06.2018    CHF 62'352.52     CHF 10'217.39
01.07.2018    CHF 66'512.37     CHF 4'159.85
01.08.2018    CHF 70'736.49     CHF 4'224.12
01.09.2018    CHF 79'519.64     CHF 8'783.15
01.10.2018    CHF 84'451.87     CHF 4'932.23


I think I am on the right track - goal is to reach 100k by end of this year!
Title: Re: Race from 10 to 100k!!
Post by: MommyCake on October 04, 2018, 05:39:50 AM
Investments only:

9/4/18     73,600
10/4/18   75,950

Goal is 100k by June 2019.  Going to have to increase deposits to reach this.   
Title: Re: Race from 10 to 100k!!
Post by: paulkots on October 04, 2018, 09:53:18 AM
11/26/17: $47,707.48
06/22/18: $72,953.75
07/27/18: $71,676.31
08/23/18: $65,034.83

Bleeding money because of the deck I am building, finish work is taking more than I expected. Also bought those tires that I need and had the suspension rebuilt on the car. Suspension rebuild could have wait..

10/04/17: $63,306.87

And it continues, 2 two week roadtrip vacations will never help. Out of days off and no major expense on the horizon so I am hoping to start turning this boat around.
Title: Re: Race from 10 to 100k!!
Post by: daveed on October 04, 2018, 10:15:10 AM
Dang. Wish I would have found this thread sooner. 'bout to graduate to the next tier in either October or November!!! Small back of my mind wonders if market will crash and we'll become 100,000endaires more than once.

Includes all assets minus debts.
Don't have a mortgage - we're renters.
Paid of student loans in April 2017 January of 2018 and been racing up to 100k since.
Dates are last business day of the month.
We're DINKs in Michigan.

Assets include everything -> 401k, 2 IRAs, Taxable Investment Accounts, Cash, KBB value of car, etc...


4//2017   -$2,713.29
5//2017   $4,467.35
6//2017   $7,677.51
7//2017   $14,094.98
8//2017   $16,123.51
9//2017   $23,571.20
10//2017   $29,074.90
11//2017   $34,568.05
12//2017   $39,806.77
1//2018   $48,241.04
2//2018   $49,996.65
3//2018   $56,085.81
4//2018   $63,255.00
5//2018   $66,697.10
6//2018   $76,679.78
7//2018   $80,208.54
8//2018   $90,223.82
9//2018   $94,688.74
Title: Re: Race from 10 to 100k!!
Post by: grantmeaname on October 04, 2018, 11:22:12 AM
:O that's awesome - 100k in a year and half is super impressive.
Title: Re: Race from 10 to 100k!!
Post by: iTellStories on October 05, 2018, 07:39:46 AM
Aug 1, 2017: $31,378
Sep 1, 2017: $33,723
Oct 1, 2017: $37,296
Nov 1, 2017 $42,930
Aug 3, 2018: $62,456
Sep 3, 2018: $66,859
Oct 3, 2018: $71,340

I've got most of October and November off from work and will travel Quιbec and France, so my gains will probably be slow for the next few months.  Hoping to break $80k by the end of 2018!
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on October 07, 2018, 10:20:23 AM
Tracking net worth.

EOY 12.2017 - £4,360
01.2018 - £6,895 = + £2,535
02.2018 - £7,943 = + £1,048
03.2018 - £8,754 = + £811
04.2018 - £10,331 = + £1,577
05.2018 - £31,777 = + £21,446 (received an inheritance)
06.2018 - £33,386 = + £1,609
07.2018 - £35,086 = + £1,700
08.2018 - £36,571 = + £1,485
09.2018 - £38,818 = + £2,247
10.2018 - £40,083 = + £1,265

Assets = £50,500
Student loans = (£10,417)
Title: Re: Race from 10 to 100k!!
Post by: dutty on October 09, 2018, 06:14:40 AM

Quote
12/15 -£2,610  
12/16  £5,250   (+£7,860 ~ +301%)
12/17  £10,810 (+£5,560 ~ +106%)

01/18  £21,300  (+£10,490 ~ +97%)
02/18  £25,500  (+£4,200 ~ +20%)
03/18  £48,800  (+£23,300 ~ +91%)
04/18  £50,620   (+£1,820 ~ +4%)
05/18  £50,200   (-£420 ~ -1%)
06/18  £49,940   (-£260 ~ -0.5%
07/18  £56,320   (+£6,380 ~ +13%)
08/18  £60,400   (+£4,080 ~ +7%)
09/18  £63,370 (+£2,970 ~ +5% )


It's tempting for my ego to treat this thread as more of a competition than anything else, but I really want to try hard to treat it as a way to support each other with keeping consumption in check.
Title: Re: Race from 10 to 100k!!
Post by: repman on October 09, 2018, 07:19:09 AM
Nov 2017     65.000€
Dez 2017     69.000€  a frugal month and a christmas paycheck !
Jan  2018     73100€
Feb  2018     74100€
Mar  2018     57300€  some expanses and bad investment decisions
Apr 2018      58800€
May 2018      62285€
June 2018     65500€
July 2018      71538€
Aug 2018      76500€
Sep 2018      78600€
Oct 2018      81500€

Goal: 100.000€ in April 2019

Retire:
plan:      3\1\2025     24 x Living Expanses(year)
is:          now            6,7 x Living Expanses(year)

Don't forget to enter data into the column on the right side of the speadsheet!
https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?pref=2&pli=1#gid=0
Title: Re: Race from 10 to 100k!!
Post by: UnexpectedExpenseExpector on October 09, 2018, 11:48:26 PM
Here is my update:

2014 Jan: (129,703.05)
2015 Jan: (115,355.51)
2016 Jan: (82,545.00)
2017 Jan: 2,693.77

2018
Jan: 48,429.84
Feb: 39,863.96 (Acquired new to us mini-van at low end of our price range and at low end of mileage for vehicles in our price range)
Mar: 44,139.97
Apr: 44,650.91 
May: 48,082.98 (Awesome month for the networth despite getting to pay rent on two places and waiting on the return of one security deposit. Thank you Mr. Market!)
June: 52,774.50  (Cue up the Bon Jovi!)
July: 56,756.98 (Welcome Baby #3)
August: 63,139.77
September: 63,038.31 (Welcome Baby #3 medical bills)
...
2018 Dec: 68,000 (GOAL)
...
2019 Jul: 100,000 (GOAL)

Last of the medical bills for Baby #3 arrival taken care of.  Happy to have managed to keep the networth above 63k despite dropping $4800 on the medical bills.

December goal is looking like it will be knocked out early provided the market doesn't tank. 

Onward!
Title: Re: Race from 10 to 100k!!
Post by: Cezil on October 11, 2018, 12:20:03 PM
Dec-16: $32,870.70
Dec-17: $58,271.55   (+ 25,400.85)
Jan-18: $65,122.37   (+ 6,850.82)
Feb-18: $67,352.98   (+ 2,230.61)
Mar-18: $66,410.59   (- 942.39)
Apr-18:  $65,337.11   (- 1,073.48)
May-18: $68,032.74   (+ 2,695.63)
Jun-18:  $68,405.97   (+ 373.23)
Jul-18:   $70,232.18   (+ 1,826.21)
Aug-18: $72,016.38   (+1,784.20)
Sep-18: $73,657.42   (+1,641.04)

Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on October 15, 2018, 08:03:12 AM
Mid-October Update

8/31/18: $12,784
9/17/18: $14,547
9/28/18: $$22,476
10/15/18: $24,956
Title: Re: Race from 10 to 100k!!
Post by: grantmeaname on October 19, 2018, 08:45:24 AM
I'm at $75k today. Next month is going to be expensive so we will see if we can keep the good news going, but hopefully we can end the year at least at $80k. Graduation is in sight!
Title: Re: Race from 10 to 100k!!
Post by: QuillScroll on October 24, 2018, 09:51:14 AM
Update Time


30-Apr-18       37941
24-May-18    40069
18-Jun-18       41679
16-Jul-18       46413
13-Aug-18       52974
17-Sep-18       58683
24-Oct-18       60645
Title: Re: Race from 10 to 100k!!
Post by: Trifle on October 24, 2018, 05:29:35 PM
I'm jumping in the race here to join others in tracking.

A little background: 22yo M, who just graduated college in May. I started tracking my NW July 1, 2018 (when I started my FT job), so I'll add these numbers and go from there!

Net Worth (beginning of month values)
July '18:              $34,089.83
August '18:          $36,706.45     (+$2616)
September '18:    $41,283.24     (+$4575)   
October '18:        $44,242.77     (+$2960)



My current spreadsheets have me hitting 100k sometime in the summer of 2020 (highly dependent on markets obviously), so we'll see how it goes!

Welcome @jmswtc!  That is very cool, that you get to track from the first day of your first FT job.  You're socking it away nicely, and at your age time is sooooo on your side.  :)   
Title: Re: Race from 10 to 100k!!
Post by: UnexpectedExpenseExpector on October 24, 2018, 10:30:00 PM
Mirroring what Trifele had to say.

Welcome @jmswtc , you are crushing it for your age!
Title: Re: Race from 10 to 100k!!
Post by: Dgibs on October 25, 2018, 06:34:43 AM
New to the site.
New to FIRE (but have been along the frugal lines for a while just not saving it - loved a trip abroad!)

Love a bit of Competition Motivation.

So, how are we calculating this?

Saving - debt only?
Saving - debt - mortgage?
Net worth (including house value)?

All of these totals I only worked out last month!

All the best!
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on October 26, 2018, 03:22:51 AM
Jan 2018 €16.000
Feb 2018 €17.050 (+1050)
Mar 2018 €17.300 (+250)
Apr 2018 €18.600 (+1300)
May 2018 €21.200 (+2600)
June 2018 €23.300 (+2100)
July 2018 €24.400 (+1100)
Aug 2018 €25.700 (+1300)
Sept 2018 €26.100 (+400)
Oct 2018 €26.100 (+0)

Market's been dropping :( :( My investments are now lower than the amount I actually contributed over the past year. Oh well, part of the game I guess.
Title: Re: Race from 10 to 100k!!
Post by: Dgibs on October 26, 2018, 03:50:49 AM
New to the site.
New to FIRE (but have been along the frugal lines for a while just not saving it - loved a trip abroad!)

Love a bit of Competition Motivation.

So, how are we calculating this?

Saving - debt only?
Saving - debt - mortgage?
Net worth (including house value)?

All of these totals I only worked out last month!

All the best!


OK - so I'll do A and C and drop the one that's least relevant (likely C).

This is a 2 person household and is a joint total. It also only got calculated 1 month ago when I started to learn about all of this! So, whatever month 1 says is all by accident / luck. Also, in the UK so all in Sterling.

A - Liquid Worth - Debt (not mortgage).

Oct 2018 , £16,285.16

C - NW (as above but including Mortgage set against current value)

Oct 2018 , £56,433.54

I feel like A is the correct number. We live in our house after all!

A better start than I expected really.

All the best.
Title: Re: Race from 10 to 100k!!
Post by: paulkots on October 26, 2018, 01:49:51 PM
11/26/17: $47,707.48
06/22/18: $72,953.75
07/27/18: $71,676.31
08/23/18: $65,034.83
10/04/17: $63,306.87

And it continues, 2 two week roadtrip vacations will never help. Out of days off and no major expense on the horizon so I am hoping to start turning this boat around.

10/26/18: $64,270.98

Deck is finished, suspension rebuild on car is finished. Major expenses are behind me but I started to pay down the house more aggressively.
Title: Re: Race from 10 to 100k!!
Post by: lexde on October 26, 2018, 01:57:27 PM

3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
06/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60

10/26/2018: $29,793.20

Just changed jobs. I didn’t work for 3 days, and then joined the new job on an off week so I got my first biweekly paycheck after working for 3 weeks so I effectively did not get paid for a week and a half this month. It will be made up quickly, but my net worth went down this month as a result. :-/
Title: Re: Race from 10 to 100k!!
Post by: repman on October 30, 2018, 02:53:48 AM
Nov 2017     65.000€
Dez 2017     69.000€  a frugal month and a christmas paycheck !
Jan  2018     73100€
Feb  2018     74100€
Mar  2018     57300€  some expanses and bad investment decisions
Apr 2018      58800€
May 2018      62285€
June 2018     65500€
July 2018      71538€
Aug 2018      76500€
Sep 2018      78600€
Oct 2018      81500€
Nov 2018      83980€

Goal: 100.000€ in April 2019

Retire:
plan:      3\1\2025     24 x Living Expanses(year)
is:          now            6,7 x Living Expanses(year)

Don't forget to enter data into the column on the right side of the speadsheet! Not into the first column!
https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?pref=2&pli=1#gid=0
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on October 31, 2018, 07:41:11 AM
End of October Update:

8/31/18: $12,784
9/17/18: $14,547
9/28/18: $$22,476
10/15/18: $24,956
10/31/18: $27,980
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on October 31, 2018, 09:01:55 AM
November 2017 - $10,267
December 2017 - $11,208
January 2018 - $10,713
February 2018 - $11,869
March 2018 - $14,175
April 2018 - $14,330
May 2018 - $14,592
August 2018 - $19,246
September 2018 - $20,031

October 2018 - $19,301

The market + a big dental bill means I went down this month.  :(  I guess that means I'll just get to break the $20K barrier again in November!
Title: Re: Race from 10 to 100k!!
Post by: Tass on October 31, 2018, 11:16:40 AM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k

Oct 18: $21.7k

I saved about $900 this month and "lost" about $1400 in the market. First negative-progress month since I started MMM, but that's okay. Moving and a lot of eating out this month pushed my savings rate down to 38% from my target of about 45%.
Title: Re: Race from 10 to 100k!!
Post by: philli14 on October 31, 2018, 12:40:52 PM
Rough end of the month for the investments... still managed to save 4k which more than offsetted market losses.

Up to 56223.52/100,000

Depending on market, would be great to close out the month sitting around 65k. Fingers crossed!
Title: Re: Race from 10 to 100k!!
Post by: grantmeaname on October 31, 2018, 02:07:06 PM
Stocks are on sale! Buy buy buy!
Title: Re: Race from 10 to 100k!!
Post by: Steeze on October 31, 2018, 02:29:49 PM
Count us in!

May 2018: $55,766
June 1 2018 - $60,028
July 1 2018 - $66,306
Aug 1 2018 - $74,667
Sept 1 2018 - $83,868
Oct 1 2018 - $93,108

Nov 1 2018 - $93,084

Rough one for the portfolio, also bought tickets for holiday travel, breaking even on the month.
Try to hit $100,000 next month (again)
Title: Re: Race from 10 to 100k!!
Post by: Steeze on October 31, 2018, 02:48:42 PM
New to the site.
New to FIRE (but have been along the frugal lines for a while just not saving it - loved a trip abroad!)

Love a bit of Competition Motivation.

So, how are we calculating this?

Saving - debt only?
Saving - debt - mortgage?
Net worth (including house value)?

All of these totals I only worked out last month!

All the best!


OK - so I'll do A and C and drop the one that's least relevant (likely C).

This is a 2 person household and is a joint total. It also only got calculated 1 month ago when I started to learn about all of this! So, whatever month 1 says is all by accident / luck. Also, in the UK so all in Sterling.

A - Liquid Worth - Debt (not mortgage).

Oct 2018 , £16,285.16

C - NW (as above but including Mortgage set against current value)

Oct 2018 , £56,433.54

I feel like A is the correct number. We live in our house after all!

A better start than I expected really.

All the best.

@Dgibs 

However you want to calculate it is the best :) many different opinions on the subject. Most important I think is to be consistent in your methodology over time

Personally I would do something like:

A: Equity (down payment + principal payments to date) + Savings - Debt (excluding mortgage)
or
B: Home value at purchase + Savings - Debt (including mortgage)

Not a big fan of:

C: Estimated value of home + Savings - Debt (including mortgage)

Reason being, if I go out and purchase a home, moving 100k from my savings into a mortgage, nothing really changes in my net worth, i have debt equal to the value of the home less the equity I just put into it. They only real change in my net worth in that transaction is the fees I spent on closing costs.
 
I would personally just update my net worth up or down when I sold my home. This keeps month / yearly savings rate calculations more straight forward.

Title: Re: Race from 10 to 100k!!
Post by: zygote on October 31, 2018, 06:36:29 PM
Hello! I am new to MMM. I'm 28, recently married, and we maintain separate finances. The goal is to be in a strong financial position to maintain flexibility in the future, not necessarily RE. I have a job that I love with amazing benefits, so I am not in a hurry to retire. But as you all know, that could always change.

I have always lived below my means in that I have never held any debt, but I've never really saved. I was a grad student living on a lean stipend in a HCOL city until a year and a half ago. I'm still in the same HCOL city, but now I have a real salary, a defined contribution retirement plan, and access to 403b and 457 accounts.

Current net worth: $48,533.91
Breakdown below...
Cash: $17,747.04
Retirement plan: $18,702.39
403b: $679.16 (Just opened this 1/1/18)
Roth IRA: $11,736.04 (Did not open this until 2016 tax year)
Credit card: -$330.72 (Use this for normal expenses, pay off in full every month)

I was over $50k a week ago, but of course the stock market is going down at the moment. Shares on sale!

3/18: $48,533.91
4/18: $53,215.13 (+4,681.22 - extra paycheck)
5/18: $55,433.65 (+2,218.52)
6/18: $57,041.95 (+1,572.27)
7/18: $59,753.49 (+2,711.54)
8/18: $63,816.19 (+4,062.70)
9/18: $70,101.27 (+6,285.08 - extra paycheck)
10/18: $73,538.91 (+3,437.64)
11/18: $69,595.61 (-3,943.30)

My spending was pretty high this month. I renewed my annual gym membership, paid a deposit for a trip I'm taking next year, and also had some vet bills for my sick guinea pig (she passed away this morning :( ).

However, the loss in net worth is due to the market. If it had stayed steady throughout the month, I would have still been up a few hundred dollars. That's pretty comforting that in a month where I had to spend way more than usual due to some big, periodic expenditures (which were planned and saved for), I still brought in more than I spent. The stocks have plenty of time to go back up so I'm not worried about it. I'd be more worried about it if my spending were the issue.
Title: Re: Race from 10 to 100k!!
Post by: Old Ball Coach on October 31, 2018, 07:26:49 PM
This includes all our retirement and personal accounts for assets. It includes our credit cards, student loan, and mortgage for liabilities. It DOES NOT include our home value.

April 2018 - $52,917.42
May 2018  - $58,400.19
June 2018 - $59,686.34
July 2018  - $65,798.53
Aug 2018 - $72,231.70
Sept 2018 - $76,755.71
Oct 2018 -  $64,348.89

The market downturn really crunched our 401k and 403b. They are down about $13.5k in October, but our saving and paying down of debt was excellent again.

Our total credit card debt is down to about $5,500 and will be under $4,000 by this time next month with my second half of my coaching check. Things are looking up overall! YNAB has REALLY been a huge help for me for planning and budgeting for future expenses and sinking funds.
Title: Re: Race from 10 to 100k!!
Post by: ASW on November 01, 2018, 03:50:11 AM
1/1/2018:   $38,800
2/1/2018:   $49,800
3/1/2018:   $55,707
4/1/2018:   $64,352
5/1/2018:   $68,097
6/1/2018:   $72,976
7/1/2018:   $80,555
8/1/2018:   $85,858
9/1/2018:   $90,137
10/1/2018: $93,806
11/1/2018: $89,537

First down month since starting and it doesn't feel great.  Saved about $2200, but couldn't offset the correction.  Oh well, on to November.
Title: Re: Race from 10 to 100k!!
Post by: L2 on November 01, 2018, 08:24:24 AM
End of July NW: 84,495
End of Year projected NW: 104,324
End of August NW: 88,430.58
End of Year projected NW: 105,233.73
End of September NW: 90,725.77
End of Year Projected NW: 105,847.91

Definitely a rougher month for me expense wise. Had $700 of work expenses that I covered up front, $750 in car repairs, weekend trips to Chicago and Toronto, and the girlfriend's birthday dinner/night out.

October should set up to be a nice month - very little out of the ordinary expenses, work expense reimbursement, and ~$1200 in net bonuses.
November should also be a nice month. Raise will go into effect beginning 11/1 and its a 3 paycheck month. Goal is now to hit 100k effective 11/30.
End of October NW: 92,808.68
End of Year Projected NW: 103,981.71

Bleh stock market.
Title: Re: Race from 10 to 100k!!
Post by: Candace on November 01, 2018, 08:40:29 AM
I'm jumping in the race here to join others in tracking.

A little background: 22 M, who just graduated college in May. I started tracking my NW in June (when I started my FT job), so I'll add these numbers and go from there!

Net Worth
6/30/2018:        $34,089.83
7/31/2018:        $36,706.45     (+$2616)
8/31/2018:        $41,283.24     (+$4575)   
9/30/2018:        $44,242.77     (+$2960)


10/31/2018:      $43,890.16     (-$353)

Had a down month because of the markets but actually had a good month of saving. I own more VTSAX and S&P 500 shares than I did on 9/30, so I consider this month a success still!

That's the spirit. It IS a success. Great work.
Title: Re: Race from 10 to 100k!!
Post by: daveed on November 01, 2018, 09:51:57 AM
4//2017   -$2,713.29
5//2017   $4,467.35
6//2017   $7,677.51
7//2017   $14,094.98
8//2017   $16,123.51
9//2017   $23,571.20
10//2017   $29,074.90
11//2017   $34,568.05
12//2017   $39,806.77
1//2018   $48,241.04
2//2018   $49,996.65
3//2018   $56,085.81
4//2018   $63,255.00
5//2018   $66,697.10
6//2018   $76,679.78
7//2018   $80,208.54
8//2018   $90,223.82
9//2018   $94,688.74
10//2018 $92,946.34 

-- October was rough. Paid for a $2200 conference out of pocket for work and will get reimbursed in November. Add that to market correction & paying for car insurance this month, and, ouch. $-1700 for the month. First time NW has gone down since November of 2016. Crazy. Without the conference expense NW would have gone up about $500 for the month. Crossing fingers and hoping for a big November month. If market goes up and I get reimbursed we should hit the magic $100k mark.

Other update -- maxed out all tax sheltered accounts (IRAs, HSA, 401k) for 2018 and are now saving up cash money at Ally for a down payment on a house in 2019!! Plan to buy a 2-3 bedroom and renting out extra room(s) on AirBnB. Not the best timing for maxing out accounts as I'm having a very hard time not throwing our down payment money into the market. But since we're looking at buying something in April or May 2019 seems like a very short timeframe to try and time the market. Risk < reward in this case.
Title: Re: Race from 10 to 100k!!
Post by: Mattrim on November 01, 2018, 12:08:47 PM
6/30: 5828.16$
8/1:   15412.83$ (+9586.67$)
8/31: 19351.65$ (+3938.82$)
9/31: 25450$ (+6099$)
11/1: 29805$ (+4355$)

Goal 12/31: 37500$ 40000$ (requires about 4500 5100$ each month)

Amazing to see the progress everyone is doing!

Don't forget to enter data into the column on the right side of the speadsheet! Not into the first column!:
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)
Title: Re: Race from 10 to 100k!!
Post by: Svoboda on November 01, 2018, 03:03:40 PM
Dec 17: 37,449
Jan 18: 40,439
Feb 18: 42,796
Mar 18: 44,219
Apr 18: 42,188
May 18: 46,097
June 18: 49,516
July 18: 53,589
Aug 18: 57,668
Sep 18: 62,740
Oct 18: 64,747
Nov 18: 58,921
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on November 01, 2018, 07:28:15 PM

Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

June ended around 36,000 (estimate, was too busy to exactly keep track). July ends with my NW up to $38,676.

Happy with my progress, though I've been spendier than I should.  On a plus side, it looks like I'll be taking a new job which should see a ~20% bump in pay, plus a nice sign on bonus. So my NW should begin to grow more quickly! Ohh and my commute will be dropping from 42 miles down to 2.5 miles! As a result I'll be saving a ton on gas and wear and tear on my car.

9/29/17 - $11,511 (First post in thread)
6/30/18 - $36,000
7/31/18 - $38,676
8/31/18 - $40,277
9/30/18 - $50,572
10/31/18 - $46,085


October Notes

Ouch. Market downturn coupled with a zero paycheck month (I get paid once a month, but my October paycheck came at the end of September) led to a significant loss.

The month was not without its positives. I opened up an IRA and set my 401k contribution to max (won't max in 2018, but will in 2019).
Title: Re: Race from 10 to 100k!!
Post by: Trifle on November 02, 2018, 05:57:01 AM

9/29/17 - $11,511 (First post in thread)
6/30/18 - $36,000
7/31/18 - $38,676
8/31/18 - $40,277
9/30/18 - $50,572
10/31/18 - $46,085

October Notes

Ouch. Market downturn coupled with a zero paycheck month (I get paid once a month, but my October paycheck came at the end of September) led to a significant loss.

The month was not without its positives. I opened up an IRA and set my 401k contribution to max (won't max in 2018, but will in 2019).

Awesome job @Jim Fiction.  October was a big 'ouch' for everyone, but you are doing all the right things.  Keep on rolling!
Title: Re: Race from 10 to 100k!!
Post by: peppermint on November 02, 2018, 09:38:02 AM
01/2018: $40796.81
02/2018: $41337.51
03/2018: $42682.42
04/2018: $46138.41
05/2018: $48761.77
06/2018: $51084.06
07/2018: $56155.54
08/2018: $55622.63
09/2018: $62036.49
10/2018: $64543.48
11/2018: $63002.61

Blergh, my investments went down, plus I had the medical bills I forecast, plus some back taxes from my home country (I am an international living in the USA, so my taxes can get complicated). But those are all paid off and taken care of. All things considered, I guess I should feel good that the drop wasn't too major. I hope I'll be able to get back to gaining next month. I have a flight home for the holidays, but I was able to cover most of it with points, so I still think my expenses were substantially higher this month than they should be in November.
Title: Re: Race from 10 to 100k!!
Post by: Dgibs on November 02, 2018, 01:12:43 PM
@Steeze

I feel like my liquid worth minus debt is best.
I'll let the house and mortgage offset each other.
This also doesn't include monthly spending monies or planning for 1 off yearly expenses (insurance etc) as I keep that separate.

This is a 2 person household and is a joint total. Also, in the UK so all in Sterling.

A - Liquid Worth - Debt (not mortgage).

Oct 2018 , £16,285.16
Nov 2018 , £24,975.06 (+£8,689.90)

Big gains because of a profitable Month on some Forex trading. Unlikely to see a jump like that again.

All the best.

Title: Re: Race from 10 to 100k!!
Post by: Spruit on November 02, 2018, 04:23:29 PM
NW October 3rd: 11,203
NW November 1rst: 11,585

Just like everyone else, I saw some euros "evaporate" due to market swings this month. The number of shares in the portfolio keeps going up every month, which keeps me motivated to stay on track.
I'm not much of a contender race-wise, but at least I'm moving in the right direction. It helps that I'm mostly transferring money to the savings account and not investing the bulk of what I save currently (because: house buying plans). I know stocks are on sale right now, and it's tempting but having the savings in a safe yet liquid place is worth forgoing the sale at the moment. Or so I keep reminding myself...




Title: Re: Race from 10 to 100k!!
Post by: dutty on November 03, 2018, 08:53:39 AM
Quote
12/15 -£2,610  
12/16  £5,250   (+£7,860 ~ +301%)
12/17  £10,810 (+£5,560 ~ +106%)

01/18  £21,300  (+£10,490 ~ +97%)
02/18  £25,500  (+£4,200 ~ +20%)
03/18  £48,800  (+£23,300 ~ +91%)
04/18  £50,620   (+£1,820 ~ +4%)
05/18  £50,200   (-£420 ~ -1%)
06/18  £49,940   (-£260 ~ -0.5%
07/18  £56,320   (+£6,380 ~ +13%)
08/18  £60,400   (+£4,080 ~ +7%)
09/18  £63,370   (+£2,970 ~ +5%)
10/18  £61,180 (-£2,190 ~ -3% )

Thoroughly beaten up this month and that wasn't even due to the market. Had my bike stolen within a week of purchasing, left my kindle on the bus, need root canal surgery, injured foot and shoulder on separate occasions. Hope to leave that all in Octobers history though. There was some loose spending thrown in there as well which I need to address. Lifestyle creep is real even when you are well aware of it.
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on November 03, 2018, 12:02:15 PM
Jan1 - 63.8k
Feb1 - 64.0k (+200)
Mar 1 - 65.0k (+1000)
Apr 1 - 65.4k (+400)
May 1 - 67.5k (+2100)
June 1 - 69.5k (+2000)
July 1 - 72.3k (+2800)
Aug 1 - 74.0k (+1700)
Sept 1 - 76.7k (+2700)
Oct 1 - 79.6k (+2900)
Nov 1 - 79.5k (-100)

My first negative month this year, despite some decent saving the market kept me down.  it's a win-win though, either I get cheaper shares or I graduate to 100k+ if it continues going down or recovers. 
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on November 03, 2018, 12:45:37 PM
Joining now but I do have some historical data. This seems like a fun competition!

I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big, and I just started it in July. My checking account is also not included as it has money I will likely spend this month. Money in retirement accounts that is not vested is also not included. Part of the big jump in between April and August is that part of my 401K vested 20%. My investments generally go up by over $1200 a month, so to get to 100k should take me about 5 years if it does not appreciate. My savings rate will probably be higher next year, as I am looking for a new job in a lower cost of living area, or if I keep my current job, the 401k match goes up to 6% for 4.5%.

Net worth:
Dec2017:$7800
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658 (+$13)
October had some market swings, and I am currently negotiating some medical bills, so I don't know how how November is going to be, but I seem to be heading in the upward direction.  Good new is I can pay all my bills and at years end, my 401k will be fully vested!
Title: Re: Race from 10 to 100k!!
Post by: vertkurt on November 03, 2018, 04:40:07 PM

1/1= 14,705
2/1/18= 18,264
3/1/18= 21,225
4/1/18= 22,741
5/1/18= 26,020
6/1/18= 28,987
7/1/18= 31,457
8/1/18= 34,642
9/1/18= 37,413
10/1/18= 41,426
11/1/18= 37,475

Market woes...
Title: Re: Race from 10 to 100k!!
Post by: young_money on November 04, 2018, 01:25:29 PM
Hi all!  Jumping into this challenge.  Very inspiring seeing a long list of graduates already.

Net Worth: $13,390

I'm sitting on a reasonably sized student loan, but am trying to make minimal payments as it is inflation-indexed only.  I'm in a good position in some ways, as there are certainly a few low-hanging fruits I could knock out which would definitely reduce my spending (eating out probably being the worst of these).  Hopefully this challenge will provide some of the inspiration that I need.



Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on November 04, 2018, 01:33:02 PM
Welcome young_money :)
Title: Re: Race from 10 to 100k!!
Post by: snoot on November 05, 2018, 11:25:44 AM
January              67,602
February             72,789
March                 75,413
April                    75,770   
May                    73,933   
June                   77,260
July                    77,632   
August               79,049
September         83,381 
October             88,081
November          94,261

Well done, everyone!
Title: Re: Race from 10 to 100k!!
Post by: jojoguy on November 05, 2018, 04:29:28 PM
I hope to be joining the 10K to 100K race in the next month or so. Sitting at $6,000 right now. Reading this thread is exciting.
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on November 05, 2018, 08:26:41 PM

9/29/17 - $11,511 (First post in thread)
6/30/18 - $36,000
7/31/18 - $38,676
8/31/18 - $40,277
9/30/18 - $50,572
10/31/18 - $46,085

October Notes

Ouch. Market downturn coupled with a zero paycheck month (I get paid once a month, but my October paycheck came at the end of September) led to a significant loss.

The month was not without its positives. I opened up an IRA and set my 401k contribution to max (won't max in 2018, but will in 2019).

Awesome job @Jim Fiction.  October was a big 'ouch' for everyone, but you are doing all the right things.  Keep on rolling!

Thanks for the encouragement Trifele! While October was certainly disappointing, I know that there will be many more months like this, just the nature ebb and flow of the market. I just need to shrug it off and keep adding to the 'stache.
Title: Re: Race from 10 to 100k!!
Post by: Cezil on November 06, 2018, 05:53:46 AM
Dec-16: $32,870.70
Dec-17: $58,271.55   (+ 25,400.85)
Jan-18: $65,122.37   (+ 6,850.82)
Feb-18: $67,352.98   (+ 2,230.61)
Mar-18: $66,410.59   (- 942.39)
Apr-18:  $65,337.11   (- 1,073.48)
May-18: $68,032.74   (+ 2,695.63)
Jun-18:  $68,405.97   (+ 373.23)
Jul-18:   $70,232.18   (+ 1,826.21)
Aug-18: $72,016.38   (+1,784.20)
Sep-18: $73,657.42   (+1,641.04)
Oct-18:  $71,492.32   (- 2,165.10)
(rough market despite contributions almost at $1K and more debt payoff, another $750)


November will see my last consumer debt paid off (excluding the mortgage) so by January 1st, I hope to be contributing about $1K each month to my 401k + HSA, plus more to my taxable account (or Roth IRA, haven't decided yet).  I'm still paying off my medical debt which is at 0%.  I have had great progress this year!  I feel like I'm finally getting somewhere after seeing how great I did last year and how far I've continued to come this year.  W00t!
Title: Re: Race from 10 to 100k!!
Post by: ItsALongStory on November 06, 2018, 06:43:14 AM
Eat the elephant one bite at a time. Good job!
Title: Re: Race from 10 to 100k!!
Post by: PassMMM on November 06, 2018, 08:13:54 AM
I just hit 101k despite the tough market. Looking forward to seeing you all in the 100-250k forum!
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on November 06, 2018, 08:25:40 AM
I just hit 101k despite the tough market. Looking forward to seeing you all in the 100-250k forum!

Congrats!  See you there by spring I hope
Title: Re: Race from 10 to 100k!!
Post by: arob54600 on November 06, 2018, 09:44:30 AM
Hello All,
I almost forgot to check in. Welp! it looks like a sale month LOL

End of November 17-  41195
End of December 17-  42526
End of January 18-     47966
End of February 18-   47104
End of May 18 -         48521
End of July 18 -         53000
End of August 18-     55866
End of September 18 - 57315
End of October 2018- 54534.62

See ya next month, let's keep on pushing!!!
Title: Re: Race from 10 to 100k!!
Post by: Serendip on November 06, 2018, 03:24:38 PM
Was away for the internet for almost 2 weeks so here is my late, end of month update :)

Progress has really slowed due to end of year expenses and Sept/Oct tends to be vacation time for me so I've had basically over a month of non-paid time off. But still ticking upwards!

Dec 18/17    18,146
Jan 19/18     23,607
Feb 20/18     27,000
Mar 31/18     29,008
Apr 19/18     30,100
May 29/18    35,030
June28/18    36,700
July 25/18    39,000
Aug 26/18    40,150
Sept 27/18   42,500
Oct 31/18     43,300
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on November 07, 2018, 04:57:32 AM
Hello All,
I almost forgot to check in. Welp! it looks like a sale month LOL

Sale month for others, but a buy month for us!
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on November 07, 2018, 05:01:21 AM
Aug 15: 5327 (found MMM)
Jan 16: 12700
Jan 17: 31444
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Apr 18: 75766
May 18: 77414
Jun 18: 81980
Jul 18: 82825
Aug 18: 82665
Sep 18: 84098
Oct 18: 85029
Nov 18: 85620

Not a bad month considering the market!
Title: Re: Race from 10 to 100k!!
Post by: MommyCake on November 07, 2018, 08:11:41 AM
Investments only:

9/4/18     73,600
10/4/18   75,950
11/7/18   75,960

Market loss wiped out much of my deposits. 

I've decreased my automatic deposits in order to have more cash to purchase 2 properties I have under contract.  Pushing back my 100k goal one month from June to July 2019. 


 
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on November 07, 2018, 08:45:23 AM
Aug 15: 5327 (found MMM)
Jan 16: 12700
Jan 17: 31444
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Apr 18: 75766
May 18: 77414
Jun 18: 81980
Jul 18: 82825
Aug 18: 82665
Sep 18: 84098
Oct 18: 85029
Nov 18: 85620

Not a bad month considering the market!

Wow, you had a REALLY good 2017!  I found MMM in very late-2014 with a similar NW and started getting serious about saving and investing in 2015 as well.  I just hit 80k, looks like we're in a tight race to graduate to the next level
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on November 07, 2018, 11:59:36 AM
Aug 15: 5327 (found MMM)
Jan 16: 12700
Jan 17: 31444
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Apr 18: 75766
May 18: 77414
Jun 18: 81980
Jul 18: 82825
Aug 18: 82665
Sep 18: 84098
Oct 18: 85029
Nov 18: 85620

Not a bad month considering the market!

Wow, you had a REALLY good 2017!  I found MMM in very late-2014 with a similar NW and started getting serious about saving and investing in 2015 as well.  I just hit 80k, looks like we're in a tight race to graduate to the next level

It's not that impressive... I corrected my house value. I freaking lucked out and managed to buy way under market value - and this was before the market heated up. So I adjusted that number up a bit because I had way more equity in the house than I calculated. I'm not using current market value btw, the housing market here is nuts. I could put it up for 50% more than what I paid 3 years ago!

So, all in all, my savings rate was about the same as this year.

Race you to a 100k :)
Title: Re: Race from 10 to 100k!!
Post by: daveed on November 07, 2018, 12:46:07 PM
I just hit 101k despite the tough market. Looking forward to seeing you all in the 100-250k forum!

Congrats!!
Title: Re: Race from 10 to 100k!!
Post by: politenessman on November 07, 2018, 08:43:21 PM
Aug   $ 81,356
Jul   $ 66,521
Jun   $ 64,243
May   $ 60,386
Apr   $ 56,284
Mar   $ 55,824
Feb   $ 55,756
Jan   $ 51,828

Update time:
Sep   $ 88,159
Aug   $ 81,356

Oct $ 92.125
Nov $ 86,143

Looks like October to November took a bit of a nose dive.
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on November 07, 2018, 10:17:17 PM
Aug 15: 5327 (found MMM)
Jan 16: 12700
Jan 17: 31444
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Apr 18: 75766
May 18: 77414
Jun 18: 81980
Jul 18: 82825
Aug 18: 82665
Sep 18: 84098
Oct 18: 85029
Nov 18: 85620

Not a bad month considering the market!

Wow, you had a REALLY good 2017!  I found MMM in very late-2014 with a similar NW and started getting serious about saving and investing in 2015 as well.  I just hit 80k, looks like we're in a tight race to graduate to the next level


Race you to a 100k :)

Challenge accepted.  Poor timing though, my main work is seasonal and I'm about to be laid off for 3 months at the end of November.  Going to have up my side hustle if I want a good shop at taking this one :)
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on November 08, 2018, 12:53:24 AM
Challenge accepted.  Poor timing though, my main work is seasonal and I'm about to be laid off for 3 months at the end of November.  Going to have up my side hustle if I want a good shop at taking this one :)

Aw, sorry to hear about that! Luckily us Mustachians are a crafty folk! I have no doubt you'll give me a run for my money. Good luck!
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on November 08, 2018, 08:31:06 AM
Challenge accepted.  Poor timing though, my main work is seasonal and I'm about to be laid off for 3 months at the end of November.  Going to have up my side hustle if I want a good shot at taking this one :)

Aw, sorry to hear about that! Luckily us Mustachians are a crafty folk! I have no doubt you'll give me a run for my money. Good luck!

Don't be sorry, I enjoy it, it's like a mini-FIRE I get every year!  I use the time to work on my house, up my re-sale game, clear out clutter and sell off stuff I don't need, and if I get serious I'll find some small paid gigs too. 
Title: Re: Race from 10 to 100k!!
Post by: lampstache on November 10, 2018, 06:20:49 AM
1/2017   - 34,633
6/2017   - 45,227
1/2018   - 56,928
6/2018   - 71,500

11/2018 - 95,502

So close!
Title: Race from 10 to 100k!!
Post by: twistedfirestarter on November 10, 2018, 01:38:38 PM
Double post
Title: Race from 10 to 100k!!
Post by: twistedfirestarter on November 10, 2018, 01:38:08 PM
Double post
Title: Re: Race from 10 to 100k!!
Post by: twistedfirestarter on November 10, 2018, 01:44:04 PM

£24,041 Apr '17
£26,105 May '17
£28,229 Jun '17
£31,961 Jul '17
£34,902 Aug '17
£37,596 Sep '17
£41,756 Oct '17
£45,885 Nov '17
£49,200 Dec '17
£53,000 Jan '18
£55,765 Feb '18
£58,840 Mar '18
£61,802 Apr ‘18
£66,336 May ‘18
£70,866 Jun ‘18
£74,169 Jul ‘18
£78,963 Aug '18
£82,615 Sep '18
£79,540.47 Oct ‘18
£84,005.40 Nov ‘18

Bit of a drop in October due to the market but still making progress.
Title: Re: Race from 10 to 100k!!
Post by: UnexpectedExpenseExpector on November 12, 2018, 11:21:14 AM
Here is my update:

2014 Jan: (129,703.05)
2015 Jan: (115,355.51)
2016 Jan: (82,545.00)
2017 Jan: 2,693.77

2018
Jan: 48,429.84
Feb: 39,863.96 (Acquired new to us mini-van at low end of our price range and at low end of mileage for vehicles in our price range)
Mar: 44,139.97
Apr: 44,650.91 
May: 48,082.98 (Awesome month for the networth despite getting to pay rent on two places and waiting on the return of one security deposit. Thank you Mr. Market!)
June: 52,774.50  (Cue up the Bon Jovi!)
July: 56,756.98 (Welcome Baby #3)
August: 63,139.77
September: 63,038.31 (Welcome Baby #3 medical bills)
October: 67,516.75 (So close to the December goal!)
...
2018 Dec: 68,000 (GOAL)
...
2019 Jul: 100,000 (GOAL)

Pretty decent gain despite the market.  It's helpful that a large portion of our contributions are going toward debt reduction.

Onward!
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on November 15, 2018, 09:02:12 AM
Mid-November Update

8/31/18: $12,784
9/17/18: $14,547
9/28/18: $$22,476
10/15/18: $24,956
10/31/18: $27,980
11/15/18: $30,081
Title: Re: Race from 10 to 100k!!
Post by: lexde on November 21, 2018, 09:55:49 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
06/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20

11/21/2018: $32,551.23

Making progress, slow and steady!
Title: Re: Race from 10 to 100k!!
Post by: lexde on November 21, 2018, 09:56:19 AM
Mid-November Update

8/31/18: $12,784
9/17/18: $14,547
9/28/18: $$22,476
10/15/18: $24,956
10/31/18: $27,980
11/15/18: $30,081

That was a really big jump in September - great job! What caused it?
Title: Re: Race from 10 to 100k!!
Post by: Manchester on November 22, 2018, 04:05:57 AM
Just graduated from the race to 10k thread. 

I wont even hazard a guess as to when I'll get through this one, but I'll keep track of finances and hope for the best.

I'm 25, from Manchester, UK (obviously).  Work in the software industry, mainly account management and client relations.  I match bets in my spare time to generate some extra money.  I have a small workplace pension and need to start investing properly.  I don't include the equity in my house.  My N/W is calculated as follows:


Cash balance (including Emergency Fund) + Investments + Matched betting balance - Credit card debt.


November 2018 - £10,691.37

My stretch goal is to hit £25k by the end of November 2019.  Wish me luck! :)
Title: Re: Race from 10 to 100k!!
Post by: jojoguy on November 22, 2018, 12:29:21 PM
Just graduated from the race to 10k thread. 

I wont even hazard a guess as to when I'll get through this one, but I'll keep track of finances and hope for the best.

I'm 25, from Manchester, UK (obviously).  Work in the software industry, mainly account management and client relations.  I match bets in my spare time to generate some extra money.  I have a small workplace pension and need to start investing properly.  I don't include the equity in my house.  My N/W is calculated as follows:


Cash balance (including Emergency Fund) + Investments + Matched betting balance - Credit card debt.


November 2018 - £10,691.37

My stretch goal is to hit £25k by the end of November 2019.  Wish me luck! :)

You can do it! Aim high!
Title: Re: Race from 10 to 100k!!
Post by: ItsALongStory on November 23, 2018, 09:19:14 AM
You can do it! Aim high!

Things are quite different for non-US members due to pension etc but I agree, aim high and kick ass!
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on November 23, 2018, 10:42:03 AM
Mid-November Update

8/31/18: $12,784
9/17/18: $14,547
9/28/18: $$22,476
10/15/18: $24,956
10/31/18: $27,980
11/15/18: $30,081

That was a really big jump in September - great job! What caused it?

Thank you! DH got a bonus we put toward our Student Loan so that gave us a generous raise in Net Worth for the month when combined with our normal savings :)
Title: Re: Race from 10 to 100k!!
Post by: lexde on November 23, 2018, 11:22:08 AM
Mid-November Update

8/31/18: $12,784
9/17/18: $14,547
9/28/18: $$22,476
10/15/18: $24,956
10/31/18: $27,980
11/15/18: $30,081

That was a really big jump in September - great job! What caused it?

Thank you! DH got a bonus we put toward our Student Loan so that gave us a generous raise in Net Worth for the month when combined with our normal savings :)
Awesome! Congrats! You’re almost a third of the way there already, it’s really inspiring!
Title: Re: Race from 10 to 100k!!
Post by: Gail2000 on November 24, 2018, 09:48:19 AM
Hello all,

I join you here with a -47560. November 23rd. It is perhaps a bad month to start a dramatic lifestyle change with Christmas around the corner but any gain on this is a win I think. With a $90,000.00 household income I hoped to be positive in the next two years but with what I’ve been reading, with major changes I should be able to get that down to a year.
More discussion on another thread =)
Title: Re: Race from 10 to 100k!!
Post by: ItsALongStory on November 25, 2018, 08:15:05 AM
Hello all,

I join you here with a -47560. November 23rd. It is perhaps a bad month to start a dramatic lifestyle change with Christmas around the corner but any gain on this is a win I think. With a $90,000.00 household income I hoped to be positive in the next two years but with what I’ve been reading, with major changes I should be able to get that down to a year.
More discussion on another thread =)

Welcome,

One piece of advice I had read elsewhere that really stuck with me is the Mustachian variety of keeping up with the Joneses. Some people will do a crap job when saving $10k per month while others should feel great about putting away $300. Everyone has their own pace and circumstances, we can probably learn from all of the other folks on these forums but don't try to set targets based on another person's journey or circumstances.

Make a solid, attainable plan and go after it month over month.

Oh and about December being the worst month to get started, you could also look at it as a big impact opportunity because if you can stick to a plan during Christmas time then most of the other months should be way easier. Use that thought as a way to boost your confidence in the plan!
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on November 25, 2018, 10:32:59 AM
Joining now but I do have some historical data. This seems like a fun competition!

I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big, and I just started it in July. My checking account is also not included as it has money I will likely spend this month. Money in retirement accounts that is not vested is also not included. Part of the big jump in between April and August is that part of my 401K vested 20%.  My savings rate will probably be higher next year, as I am looking for a new job in a lower cost of living area, or if I keep my current job, the 401k match goes up to 6% for 4.5%.

Net worth:
Dec2017:$7800
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658

Nov2018: $23,948. (+$290)
Posting a little early for me, but unless we have some drastic market swings in the next 2 days, it shouldn't change.  Its been a volatile month, 3 days ago the monthly change was negative $37.  I have more than tripled my retirement savings year over year. 
Title: Re: Race from 10 to 100k!!
Post by: Tass on November 25, 2018, 04:49:17 PM
Hey @Manchester, just saw your graduation from the 10k thread! It's fun to watch a new "class" make our way over here. Congrats!
Title: Re: Race from 10 to 100k!!
Post by: Gail2000 on November 25, 2018, 06:13:04 PM
Hello all,

I join you here with a -47560. November 23rd. It is perhaps a bad month to start a dramatic lifestyle change with Christmas around the corner but any gain on this is a win I think. With a $90,000.00 household income I hoped to be positive in the next two years but with what I’ve been reading, with major changes I should be able to get that down to a year.
More discussion on another thread =)
Thank you for the confidence boost. I will certainly keep that in mind while proceeding with the plan. On ward and unto the breach....
Welcome,

One piece of advice I had read elsewhere that really stuck with me is the Mustachian variety of keeping up with the Joneses. Some people will do a crap job when saving $10k per month while others should feel great about putting away $300. Everyone has their own pace and circumstances, we can probably learn from all of the other folks on these forums but don't try to set targets based on another person's journey or circumstances.

Make a solid, attainable plan and go after it month over month.

Oh and about December being the worst month to get started, you could also look at it as a big impact opportunity because if you can stick to a plan during Christmas time then most of the other months should be way easier. Use that thought as a way to boost your confidence in the plan!
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on November 26, 2018, 02:43:20 AM
Jan 2018 €16.000
Feb 2018 €17.050 (+1050)
Mar 2018 €17.300 (+250)
Apr 2018 €18.600 (+1300)
May 2018 €21.200 (+2600)
June 2018 €23.300 (+2100)
July 2018 €24.400 (+1100)
Aug 2018 €25.700 (+1300)
Sept 2018 €26.100 (+400)
Oct 2018 €26.100 (+0)
Nov 2018 €29.100 (+3000!!)

Massive gain thanks to the market recovering a bit (+500 or so?), and a paycheck that's €2000 higher than normal (raise + '13th month'). I have a little business money coming in soon as well so getting reaaaally close to that €30k.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on November 26, 2018, 05:19:45 AM
Hey @Manchester, just saw your graduation from the 10k thread! It's fun to watch a new "class" make our way over here. Congrats!

Thanks Tass! 

I think I'll be stuck in this thread for a loooong time, but it's nice to be here! 

The class of 2018! :')
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on November 26, 2018, 08:50:49 AM
Thanks Tass! 

I think I'll be stuck in this thread for a loooong time, but it's nice to be here! 

Well, you're going to have me for company for a loooooong time then, because I'm probably going to be here for forever.  Welcome, Manchester! 
Title: Re: Race from 10 to 100k!!
Post by: Serendip on November 26, 2018, 09:12:33 AM
Thanks Tass! 

I think I'll be stuck in this thread for a loooong time, but it's nice to be here! 

Well, you're going to have me for company for a loooooong time then, because I'm probably going to be here for forever.  Welcome, Manchester!

Welcome, welcome @Manchester & @LittleWanderer, Keep up the good work!


Dec'17    18,146
Jan'18     23,607
Feb'18     27,000
Mar'18     29,008
Apr'18     30,100
May'18    35,030
June'18   36,700
July'18    39,000
Aug'18    40,150
Sept'18   42,500
Oct'18     43,300
Nov'18    44,500

This has been quite the year, to double my savings was way beyond my anticipated goals but embarking on a no-shopping year really changed the game for me. I picked up more shifts, and tried to move as much as I could into savings. I'm not as young as some people on these threads, but I'm self-employed & haven't had my head on straight in regards to finances in the past.

Feels very satisfying.
Now let's see what we can do before the end of the year and then onto 2019!
Title: Re: Race from 10 to 100k!!
Post by: paulkots on November 27, 2018, 07:47:05 AM
11/26/17: $47,707.48
06/22/18: $72,953.75
07/27/18: $71,676.31
08/23/18: $65,034.83
10/04/17: $63,306.87
10/26/18: $64,270.98

Deck is finished, suspension rebuild on car is finished. Major expenses are behind me but I started to pay down the house more aggressively.

11/27/18: $66,467.65

The number is going up only because I am putting away funds for next quarters tax payment. Ultimate goal is paying house down aggressively but I don't count the equity into this number. Overall a very good month. Hosted part of Thanksgiving(1 of the many gtgs my family had) but since I cut away spending in other parts, I came in significantly under budget. Since gifts are bought, I am hoping for a good December.
Title: Re: Race from 10 to 100k!!
Post by: daveed on November 28, 2018, 10:52:55 PM
I just hit 101k despite the tough market. Looking forward to seeing you all in the 100-250k forum!

Congrats!!
Title: Re: Race from 10 to 100k!!
Post by: jojoguy on November 29, 2018, 02:44:44 AM
October 7, 2018 = $600
October 18, 2018 = $2500
November 1, 2018 = $5,995
November 15, 2018 = $9,273
November 29, 2018 = $11,340

My goal for December is to break $15,000.
Title: Re: Race from 10 to 100k!!
Post by: Steeze on November 29, 2018, 08:05:04 PM
Count us in!

May 2018: $55,766
June 1 2018 - $60,028
July 1 2018 - $66,306
Aug 1 2018 - $74,667
Sept 1 2018 - $83,868
Oct 1 2018 - $93,108
Nov 1 2018 - $93,084

Dec 1 2018 - $104,317

That is all for us!! See you all in the 250k race!!!
Title: Re: Race from 10 to 100k!!
Post by: grantmeaname on November 29, 2018, 08:13:35 PM
Dec 1 2018 - $104,317

That is all for us!! See you all in the 250k race!!!
Nicely done! Have fun up there in the six figures :)
Title: Re: Race from 10 to 100k!!
Post by: Steeze on November 29, 2018, 08:18:50 PM
Dec 1 2018 - $104,317

That is all for us!! See you all in the 250k race!!!
Nicely done! Have fun up there in the six figures :)

Thanks Grant !!
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on November 30, 2018, 05:49:12 AM
Jan1 - 63.8k
Feb1 - 64.0k (+200)
Mar 1 - 65.0k (+1000)
Apr 1 - 65.4k (+400)
May 1 - 67.5k (+2100)
June 1 - 69.5k (+2000)
July 1 - 72.3k (+2800)
Aug 1 - 74.0k (+1700)
Sept 1 - 76.7k (+2700)
Oct 1 - 79.6k (+2900)
Nov 1 - 79.5k (-100)
Dec 1 - 81.8k (+2300)
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on November 30, 2018, 07:27:07 AM
End of November Update

8/31/18: $12,784
9/17/18: $14,547
9/28/18: $$22,476
10/15/18: $24,956
10/31/18: $27,980
11/15/18: $30,081
11/30/18: $36,219 (+6138)
Title: Re: Race from 10 to 100k!!
Post by: Tass on November 30, 2018, 11:14:20 AM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k

Nov 18: $22.5k, plus $550 of pending reimbursement

I've achieved a new "high score," with the help of a last-minute market bump. Starting to feel a little stuck in the early 20s, though, and with holiday travel next month I'm not projected to hit 25k until Februrary. At one point my goal was 25k in December, but October markets decided otherwise.

Counting the pending reimbursement, my savings rate is 37% this month, a little below my target of ~45%. Still, I've solidly doubled my NW from the beginning of this year. (Scorekeeping above is end-of-months, so beginning of 2018 numbers are to be found at Dec 17.) And the year's not even over!
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on November 30, 2018, 12:22:33 PM
November 2017 - $10,267
December 2017 - $11,208
January 2018 - $10,713
February 2018 - $11,869
March 2018 - $14,175
April 2018 - $14,330
May 2018 - $14,592
August 2018 - $19,246
September 2018 - $20,031
October 2018 - $19,301

November 2018 - $20,523

That number is a slight estimate, since I don't know my 401K number.   I accidentally got locked out of my account and I haven't called to fix it yet.  But hey, my 401K number changes daily and I know I'm solidly above $20K again, so that's a good enough estimate for now. 
Title: Re: Race from 10 to 100k!!
Post by: adamsputnik on November 30, 2018, 10:05:32 PM
1/18/18 - 18,350.00
3/15/18 - 20,267.70
5/17/18 - 19,930.00
8/31/18 - 25,908.00
9/21/18 - 28,115.00
11/30/18 - 29,835.00

One more big credit card balance paid off. Time to start increasing some EF fundage and max out the old 401k, so the gains should start kicking in properly.
Title: Re: Race from 10 to 100k!!
Post by: ASW on December 01, 2018, 07:34:17 AM
1/1/2018:   $38,800
2/1/2018:   $49,800
3/1/2018:   $55,707
4/1/2018:   $64,352
5/1/2018:   $68,097
6/1/2018:   $72,976
7/1/2018:   $80,555
8/1/2018:   $85,858
9/1/2018:   $90,137
10/1/2018: $93,806
11/1/2018: $89,537
12/1/2018: $92,795

Congrats @Steeze!
Title: Re: Race from 10 to 100k!!
Post by: Old Ball Coach on December 01, 2018, 09:46:53 AM
This includes all our retirement and personal accounts for assets. It includes our credit cards, student loan, and mortgage for liabilities. It DOES NOT include our home value.

April 2018 - $52,917.42
May 2018  - $58,400.19
June 2018 - $59,686.34
July 2018  - $65,798.53
Aug 2018 - $72,231.70
Sept 2018 - $76,755.71
Oct 2018 -  $64,348.89
Nov 2018 - $70,839.76

An OK month. Most of the gains were from market gains. The Thanksgiving holiday got us a little loose in the wallet, but YNAB allowed us to spend that money WITHOUT adding any more credit card debt. In fact, we continued the $1,000/month payoff. Will have our last two cards completely paid off by April!
Title: Re: Race from 10 to 100k!!
Post by: peppermint on December 01, 2018, 10:00:18 AM
01/2018: $40796.81
02/2018: $41337.51
03/2018: $42682.42
04/2018: $46138.41
05/2018: $48761.77
06/2018: $51084.06
07/2018: $56155.54
08/2018: $55622.63
09/2018: $62036.49
10/2018: $64543.48
11/2018: $63002.61
12/2018: $65136.29

The market was not kind again this month. Just keep swimming...
Title: Re: Race from 10 to 100k!!
Post by: L2 on December 01, 2018, 10:08:00 AM
End of July NW: 84,495
End of Year projected NW: 104,324
End of August NW: 88,430.58
End of Year projected NW: 105,233.73
End of September NW: 90,725.77
End of Year Projected NW: 105,847.91

Definitely a rougher month for me expense wise. Had $700 of work expenses that I covered up front, $750 in car repairs, weekend trips to Chicago and Toronto, and the girlfriend's birthday dinner/night out.

October should set up to be a nice month - very little out of the ordinary expenses, work expense reimbursement, and ~$1200 in net bonuses.
November should also be a nice month. Raise will go into effect beginning 11/1 and its a 3 paycheck month. Goal is now to hit 100k effective 11/30.
End of October NW: 92,808.68
End of Year Projected NW: 103,981.71

Bleh stock market.
End of November NW: 98,999.81
End of Year Projected NW: 103,693.80
Title: Re: Race from 10 to 100k!!
Post by: Spruit on December 01, 2018, 03:10:34 PM
Seems I forgot to update recently!
1st of October '18: 11,203
1st of November '18: 11,582
1st of December '18: 12,725

Ups and downs due to market swings mostly. I do not expect to be picking up speed in this race anytime soon, because we've just bought our first house and that'll be expensive with all the costs of moving / small repairs / who knows what pops up. We'll be moving in February if all goes as planned.
Title: Re: Race from 10 to 100k!!
Post by: zygote on December 02, 2018, 10:58:21 AM
Hello! I am new to MMM. I'm 28, recently married, and we maintain separate finances. The goal is to be in a strong financial position to maintain flexibility in the future, not necessarily RE. I have a job that I love with amazing benefits, so I am not in a hurry to retire. But as you all know, that could always change.

I have always lived below my means in that I have never held any debt, but I've never really saved. I was a grad student living on a lean stipend in a HCOL city until a year and a half ago. I'm still in the same HCOL city, but now I have a real salary, a defined contribution retirement plan, and access to 403b and 457 accounts.

Current net worth: $48,533.91
Breakdown below...
Cash: $17,747.04
Retirement plan: $18,702.39
403b: $679.16 (Just opened this 1/1/18)
Roth IRA: $11,736.04 (Did not open this until 2016 tax year)
Credit card: -$330.72 (Use this for normal expenses, pay off in full every month)

I was over $50k a week ago, but of course the stock market is going down at the moment. Shares on sale!

3/18: $48,533.91
4/18: $53,215.13 (+4,681.22 - extra paycheck)
5/18: $55,433.65 (+2,218.52)
6/18: $57,041.95 (+1,572.27)
7/18: $59,753.49 (+2,711.54)
8/18: $63,816.19 (+4,062.70)
9/18: $70,101.27 (+6,285.08 - extra paycheck)
10/18: $73,538.91 (+3,437.64)
11/18: $69,595.61 (-3,943.30)
12/18: $73,126.64 (+3,531.03)

My spending was way down this month. Happy that between savings and the market recovery, I'm almost back to where I was at the beginning of October.
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on December 02, 2018, 11:11:36 AM


Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

June ended around 36,000 (estimate, was too busy to exactly keep track). July ends with my NW up to $38,676.

Happy with my progress, though I've been spendier than I should.  On a plus side, it looks like I'll be taking a new job which should see a ~20% bump in pay, plus a nice sign on bonus. So my NW should begin to grow more quickly! Ohh and my commute will be dropping from 42 miles down to 2.5 miles! As a result I'll be saving a ton on gas and wear and tear on my car.

9/29/17 - $11,511 (First post in thread)
6/30/18 - $36,000
7/31/18 - $38,676
8/31/18 - $40,277
9/30/18 - $50,572
10/31/18 - $46,085
11/30/18 - $48,956



November Notes


Nothing terribly exciting during the month.
Title: Re: Race from 10 to 100k!!
Post by: repman on December 03, 2018, 12:24:23 AM
 Nov 2017     65.000€
Dez 2017     69.000€  a frugal month and a christmas paycheck !
Jan  2018     73100€
Feb  2018     74100€
Mar  2018     57300€  some expenses and bad investment decisions
Apr 2018      58800€
May 2018      62285€
June 2018     65500€
July 2018      71538€
Aug 2018      76500€
Sep 2018      78600€
Oct 2018      81500€
Nov 2018      83980€
Dez 2018      86500€

Goal: 100.000€ in April 2019

Retire:
plan:      3\1\2025     24 x Living Expenses(year)
is:          now            6,7 x Living Expenses(year)

Don't forget to enter data into the column on the right side of the speadsheet! Not into the first column!
https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?pref=2&pli=1#gid=0

   

Title: Re: Race from 10 to 100k!!
Post by: Nederstash on December 03, 2018, 09:27:21 AM
Aug 15: 5327 (found MMM)
Jan 16: 12700
Jan 17: 31444
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Apr 18: 75766
May 18: 77414
Jun 18: 81980
Jul 18: 82825
Aug 18: 82665
Sep 18: 84098
Oct 18: 85029
Nov 18: 85620
Dec 18: 88171 (+1150 but that's earmarked to prepay next year's health insurance)

I can almost taste it, guys... 2019 will be my year!
Title: Re: Race from 10 to 100k!!
Post by: twistedfirestarter on December 03, 2018, 10:17:52 AM
£24,041 Apr '17
£26,105 May '17
£28,229 Jun '17
£31,961 Jul '17
£34,902 Aug '17
£37,596 Sep '17
£41,756 Oct '17
£45,885 Nov '17
£49,200 Dec '17
£53,000 Jan '18
£55,765 Feb '18
£58,840 Mar '18
£61,802 Apr ‘18
£66,336 May ‘18
£70,866 Jun ‘18
£74,169 Jul ‘18
£78,963 Aug '18
£82,615 Sep '18
£79,540 Oct ‘18
£84,005 Nov ‘18

£87,300 Dec ‘18

Getting there although as of January I’m going part time so the rate of growth will slow. Happy to do this to increase quality of life :-)
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on December 03, 2018, 11:52:38 AM
I can almost taste it, guys... 2019 will be my year!

Same here, going to be awesome to see that extra Zero.  Looks like I've got some catch-up work to do if I want to stay in the running.  I'm now officially laid off for the season, but should have an end of year bonus rolling in soon as well as I'm starting to sell off some clutter around the house. 
Title: Re: Race from 10 to 100k!!
Post by: Mattrim on December 03, 2018, 02:04:49 PM
6/30: 5828.16$
8/1:   15412.83$ (+9586.67$)
8/31: 19351.65$ (+3938.82$)
9/31: 25450$ (+6099$)
11/1: 29805$ (+4355$)
12/3: 35490$ (+5685$)

Goal 12/31: 37500$ 40000$ (requires about 4500 4410$ each month)

Not a special month. The market had an upturn again, which helped a little on the results.

I say like @repman: Don't forget to enter data into the column on the right side of the spreadsheet! Not into the first column!:
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)
Title: Re: Race from 10 to 100k!!
Post by: dutty on December 04, 2018, 09:10:31 AM
Quote
12/15 -£2,610  
12/16  £5,250   (+£7,860 ~ +301%)
12/17  £10,810 (+£5,560 ~ +106%)

01/18  £21,300  (+£10,490 ~ +97%)
02/18  £25,500  (+£4,200 ~ +20%)
03/18  £48,800  (+£23,300 ~ +91%)
04/18  £50,620   (+£1,820 ~ +4%)
05/18  £50,200   (-£420 ~ -1%)
06/18  £49,940   (-£260 ~ -0.5%
07/18  £56,320   (+£6,380 ~ +13%)
08/18  £60,400   (+£4,080 ~ +7%)
09/18  £63,370   (+£2,970 ~ +5%)
10/18  £61,180   (-£2,190 ~ -3%)
11/18  £64,740 (+£3,560 ~ +6% )




Title: Re: Race from 10 to 100k!!
Post by: vertkurt on December 04, 2018, 02:24:51 PM
1/1= 14,705
2/1/18= 18,264
3/1/18= 21,225
4/1/18= 22,741
5/1/18= 26,020
6/1/18= 28,987
7/1/18= 31,457
8/1/18= 34,642
9/1/18= 37,413
10/1/18= 41,426
11/1/18= 37,475
12/1/18= 44,300
Title: Re: Race from 10 to 100k!!
Post by: Cezil on December 05, 2018, 09:25:35 AM
Dec-16: $32,870.70
Dec-17: $58,271.55   (+ 25,400.85)
Jan-18: $65,122.37   (+ 6,850.82)
Feb-18: $67,352.98   (+ 2,230.61)
Mar-18: $66,410.59   (- 942.39)
Apr-18:  $65,337.11   (- 1,073.48)
May-18: $68,032.74   (+ 2,695.63)
Jun-18:  $68,405.97   (+ 373.23)
Jul-18:   $70,232.18   (+ 1,826.21)
Aug-18: $72,016.38   (+1,784.20)
Sep-18: $73,657.42   (+1,641.04)
Oct-18:  $71,492.09   (- 2,165.10)
Nov-18: $75,678.29 (+ 4,186.20)

Market is getting better (sort of) + increased 401k contributions + paid off car loan = a large jump from Oct to Nov..or a modest jump from Sep to Nov.  I'll take it.  Monthly changes, on average, hover around $1,000 - $1,500.00..

Title: Re: Race from 10 to 100k!!
Post by: daveed on December 06, 2018, 07:58:39 AM
4//2017   -$2,713.29
5//2017    $4,467.35
6//2017    $7,677.51
7//2017    $14,094.98
8//2017    $16,123.51
9//2017    $23,571.20
10//2017  $29,074.90
11//2017  $34,568.05
12//2017  $39,806.77
1//2018    $48,241.04
2//2018    $49,996.65
3//2018    $56,085.81
4//2018    $63,255.00
5//2018    $66,697.10
6//2018    $76,679.78
7//2018    $80,208.54
8//2018    $90,223.82
9//2018    $94,688.74
10//2018  $92,946.34 
11//2018 $100,229.82!!!!!

Ahead of schedule, our goal was Christmas 2018!

Check out this guy's mustache -- https://www.youtube.com/watch?v=Q0PHWKRFgZ0

Good month. Didn't travel much. Stock market was meh but at least it didn't go down like in October! Got an extra paycheck, and most importantly, got reimbursed for conference from back in September for $2200. Trying to save an extra $400 each month by eating out less and staying in town vs travelling on the weekends. Had a final interview yesterday for a position that would come with a pay bump to increase our savings rate from around 72% to 77%, a very significant bump up *crossing fingers*.

See y'all in $100k-250k!!
Title: Re: Race from 10 to 100k!!
Post by: Cezil on December 06, 2018, 08:47:33 AM
4//2017   -$2,713.29
<snip> 
11//2018 $100,229.82!!!!!

Ahead of schedule, our goal was Christmas 2018!

See y'all in $100k-250k!!

Wow, great progress and congratulations!  See you over in the next thread sometime next year (hopefully!).  :)
Title: Re: Race from 10 to 100k!!
Post by: Mattrim on December 06, 2018, 02:22:02 PM
Congratulations @david_shin! Impressive savings rate, good luck in the next thread :-)
Title: Re: Race from 10 to 100k!!
Post by: lexde on December 07, 2018, 08:05:51 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23

12/7/2018: $33,589.65

First paycheck of the month always has a lower impact on my NW because rent hits. I’m hoping to break 35k this year even with the holidays. Then 100k by 2020?! My NW has increased by about $32k this year, but I am hoping to increase my income and see returns now that I am investing instead of paying debt and interest.

Goal for 2019: $85k NW? It’s a stretch, but what fun is an easy goal?!
Title: Re: Race from 10 to 100k!!
Post by: Svoboda on December 09, 2018, 06:15:31 PM
Dec 17: 37,449
Jan 18: 40,439
Feb 18: 42,796
Mar 18: 44,219
Apr 18: 42,188
May 18: 46,097
June 18: 49,516
July 18: 53,589
Aug 18: 57,668
Sep 18: 62,740
Oct 18: 64,747
Nov 18: 58,921
Dec 18: 61,964
Title: Re: Race from 10 to 100k!!
Post by: philli14 on December 10, 2018, 08:15:43 PM
Bit of a late update, but finished Nov at 60,605.

Hoping for continued downward trend of the market through the end of the year so when I put 5,500 into my Roth IRA on 1/1/2019 I can get some stocks on sale!
Title: Re: Race from 10 to 100k!!
Post by: UnexpectedExpenseExpector on December 11, 2018, 10:52:04 PM
Congrats to all the recent graduates!

Here is my update:

2014 Jan: (129,703.05)
2015 Jan: (115,355.51)
2016 Jan: (82,545.00)
2017 Jan: 2,693.77

2018
Jan: 48,429.84
Feb: 39,863.96 (Acquired new to us mini-van at low end of our price range and at low end of mileage for vehicles in our price range)
Mar: 44,139.97
Apr: 44,650.91 
May: 48,082.98 (Awesome month for the networth despite getting to pay rent on two places and waiting on the return of one security deposit. Thank you Mr. Market!)
June: 52,774.50  (Cue up the Bon Jovi!)
July: 56,756.98 (Welcome Baby #3)
August: 63,139.77
September: 63,038.31 (Welcome Baby #3 medical bills)
October: 67,516.75
November: 73,833.11 (Blew right past the Dec 2018 goal!!!)
...
2018 Dec: 68,000 76,000 (GOAL)
...
2019 Jul: 100,000 (GOAL)

We actually hit over $100,000 in assets in November for the first time!  Though our net worth is lower because of some student loans we're still cleaning up.  Targeting to have those gone by July 2019. 

Title: Re: Race from 10 to 100k!!
Post by: jojoguy on December 13, 2018, 02:25:39 AM
October 7, 2018 = $600
October 18, 2018 = $2500
November 1, 2018 = $5,995
November 15, 2018 = $9,273
November 29, 2018 = $11,340
December 13, 2018 = $13,155

Trying to hit 15K by the end of the month.
Title: Re: Race from 10 to 100k!!
Post by: adamsputnik on December 14, 2018, 02:33:30 PM
1/18/18 - 18,350.00
3/15/18 - 20,267.70
5/17/18 - 19,930.00
8/31/18 - 25,908.00
9/21/18 - 28,115.00
11/30/18 - 29,835.00
12/14/18 - 30,879.00

Past the 30k mark for the first time!
Title: Re: Race from 10 to 100k!!
Post by: jojoguy on December 15, 2018, 01:34:26 PM
1/18/18 - 18,350.00
3/15/18 - 20,267.70
5/17/18 - 19,930.00
8/31/18 - 25,908.00
9/21/18 - 28,115.00
11/30/18 - 29,835.00
12/14/18 - 30,879.00

Past the 30k mark for the first time!

Way to go, buddy! Time to hit that 40K next!
Title: Re: Race from 10 to 100k!!
Post by: adamsputnik on December 15, 2018, 03:21:54 PM
1/18/18 - 18,350.00
3/15/18 - 20,267.70
5/17/18 - 19,930.00
8/31/18 - 25,908.00
9/21/18 - 28,115.00
11/30/18 - 29,835.00
12/14/18 - 30,879.00

Past the 30k mark for the first time!

Way to go, buddy! Time to hit that 40K next!

At the rate you're going, you'll beat me there! Nice job so far.
Title: Re: Race from 10 to 100k!!
Post by: jojoguy on December 16, 2018, 02:50:55 AM
1/18/18 - 18,350.00
3/15/18 - 20,267.70
5/17/18 - 19,930.00
8/31/18 - 25,908.00
9/21/18 - 28,115.00
11/30/18 - 29,835.00
12/14/18 - 30,879.00

Past the 30k mark for the first time!

Way to go, buddy! Time to hit that 40K next!

At the rate you're going, you'll beat me there! Nice job so far.


If that happens it is only by the grace of God and you guys being a great motivation to do it. Thanks, buddy!


I`m setting a high goal in 2019. $75,000 by the end of December 2019. Let`s do this!
Title: Re: Race from 10 to 100k!!
Post by: WannaStache on December 17, 2018, 01:11:27 PM
I'm starting at the halfway point. I figure my net worth is $50k, but it was negative two years ago. I hope to make major progress in 2019.
Title: Re: Race from 10 to 100k!!
Post by: Serendip on December 19, 2018, 08:25:42 PM
Dec'17    18,146
Jan'18     23,607
Feb'18     27,000
Mar'18     29,008
Apr'18     30,100
May'18    35,030
June'18   36,700
July'18    39,000
Aug'18    40,150
Sept'18   42,500
Oct'18     43,300
Nov'18    44,500
Dec'18    46,250

 The next paycheque is going mostly to a tax installment so that's pretty much my end-of-year number.
Looking forward to seeing how everyone keeps this momentum going into 2019. Happy holidays and happy goal-setting!
Title: Re: Race from 10 to 100k!!
Post by: Evasion on December 20, 2018, 02:52:31 AM
I have been a bit unmotivated lately, thought I would join this thread to get keen again.
Amounts in AUD, just had an overseas holidays, moved etc so my net worth hasn't been growing.
I will include superannuation (just 7k - similar to 401k I think for US) to feel better.
I am hoping to get to 65k 2020 and graduate before 2021.

Dec 18 - 37,800
Title: Re: Race from 10 to 100k!!
Post by: Trifle on December 20, 2018, 05:18:53 AM
Welcome @WannaStache and @Evasion!  2019 will be your year!
Title: Re: Race from 10 to 100k!!
Post by: lexde on December 21, 2018, 07:12:08 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65

12/21/2018: $33,986.10

Very interesting development here. Looks like the market has impacted my net worth climb this month pretty significantly. I'm still on an upward trajectory, but not by much. And, admittedly, I bought several necessities as well as a hugely extravagant item for myself (Nintendo Switch) that I've wanted for over a year. So I guess it's a face-punch for me, but I've been hosting Mario Kart sessions in my office at work after-hours and have generally had a lot of fun with it.

I'll be back on my A-game now.
Title: Re: Race from 10 to 100k!!
Post by: Spruit on December 21, 2018, 09:48:40 AM
Well, hosting Mario Kart sessions in your office sounds like a rather frugal way to blow off steam compared to going to the pub with your colleagues. If you frame it like that, this machine will save you money ;)
Title: Re: Race from 10 to 100k!!
Post by: jojoguy on December 22, 2018, 02:29:48 PM
October 7, 2018 = $600
October 18, 2018 = $2500
November 1, 2018 = $5,995
November 15, 2018 = $9,273
November 29, 2018 = $11,340
December 13, 2018 = $13,155
December 22, 2018 = $12,496


Took a bit of a hit from the markets. However, pay day is coming up!
Title: Re: Race from 10 to 100k!!
Post by: Spruit on December 22, 2018, 05:19:48 PM

1st of October '18: 11,203
1st of November '18: 11,582
1st of December '18: 12,725
22nd of December' 18: 15,003

Last paycheck of the year included travel and commuting reimbursement as well as small 13th month. Hitting 15k in 2018 certainly feels like a mini milestone!
This is the last time I'll be tracking my private funds, as BF and me decided to pool all our resources from now on.

Joint NW Dec 18:  60,233
Title: Re: Race from 10 to 100k!!
Post by: Manchester on December 24, 2018, 10:27:46 AM
I was paid early this month, so my N/W displayed is from 18/12/2018 - before my salary was paid.


Total N.W:  £11,818.97

(http://i63.tinypic.com/35jf6me.jpg)

My N/W has increased by £1,127.60 since last month.  I'm quite happy with this considering I've bought quite a lot for Christmas.  I do find it quite difficult to avoid buying things when I'm shopping online or in the Trafford centre (our biggest shopping mall in Manchester).  I've not bought any 'impulse' items so far and even avoided buying new outfits for Christmas parties etc. 

In 2017 I set my target which was to be in the 10k club by 22/12/2017... I'm here and hoping to increase my N/W by more than the £10,872.87 I've managed in 2018.  My personal circumstances are much better than this time last year so that should be easily achievable. 

Merry Christmas everyone and I hope you all have a prosperous new year. 
Title: Re: Race from 10 to 100k!!
Post by: politenessman on December 24, 2018, 05:28:41 PM
Aug   $ 81,356
Jul   $ 66,521
Jun   $ 64,243
May   $ 60,386
Apr   $ 56,284
Mar   $ 55,824
Feb   $ 55,756
Jan   $ 51,828

Update time:
Sep   $ 88,159
Aug   $ 81,356

Oct $ 92.125
Nov $ 86,143

Looks like October to November took a bit of a nose dive.
Looks Like December is going to end up at about $ 75,941.
Well shit!
Title: Re: Race from 10 to 100k!!
Post by: grantmeaname on December 25, 2018, 04:11:31 AM
“To refer to a personal taste of mine, I’m going to buy hamburgers the rest of my life. When hamburgers go down in price, we sing the ‘Hallelujah Chorus’ in the Buffett household. When hamburgers go up in price, we weep. For most people, it’s the same with everything in life they will be buying — except stocks. When stocks go down and you can get more for your money, people don’t like them anymore.”
- Warren Buffett
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on December 25, 2018, 10:11:45 AM
Aug 15: 5327 (found MMM)
Jan 16: 12700
Jan 17: 31444
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Apr 18: 75766
May 18: 77414
Jun 18: 81980
Jul 18: 82825
Aug 18: 82665
Sep 18: 84098
Oct 18: 85029
Nov 18: 85620
Dec 18: 88171 (+1150 but that's earmarked to prepay next year's health insurance)

EOY 2018: 87686

Whoo, what a year! I still managed 14.4k networth increase. On a 40k take home income, could've been better, but I'm not mad at it.

Grant, thanks for quoting Buffet. The market might be giving us coal for Christmas, but it'll turn into diamonds over time! Under the pressure of... the powerful... thighs of the economy..? idk I'm sorry.

Anyway, goals for 2019: break that 100k!
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on December 25, 2018, 12:02:51 PM
Dec 2017 €14.300
Jan 2018 €16.000 (+1700)
Feb 2018 €17.050 (+1050)
Mar 2018 €17.300 (+250)
Apr 2018 €18.600 (+1300)
May 2018 €21.200 (+2600)
June 2018 €23.300 (+2100)
July 2018 €24.400 (+1100)
Aug 2018 €25.700 (+1300)
Sept 2018 €26.100 (+400)
Oct 2018 €26.100 (+0)
Nov 2018 €29.100 (+3000!!)
Dec 2018 €35.600 (+6500)

Had a 7.5k windfall but the market tanking and paying my health insurance ate up some of those savings. However, still at +€21.3k for the year which is amazing! Stretch goal for next year will be to reach €60k.
Title: Re: Race from 10 to 100k!!
Post by: jojoguy on December 25, 2018, 02:13:20 PM
October 7, 2018 = $600
October 18, 2018 = $2500
November 1, 2018 = $5,995
November 15, 2018 = $9,273
November 29, 2018 = $11,340
December 13, 2018 = $13,155
December 25, 2018 = $15,396


Even with the markets going down this has been surreal.
Title: Re: Race from 10 to 100k!!
Post by: paulkots on December 26, 2018, 05:04:45 AM
11/26/17: $47,707.48
06/22/18: $72,953.75
07/27/18: $71,676.31
08/23/18: $65,034.83
10/04/17: $63,306.87
10/26/18: $64,270.98
11/27/18: $66,467.65

The number is going up only because I am putting away funds for next quarters tax payment. Ultimate goal is paying house down aggressively but I don't count the equity into this number. Overall a very good month. Hosted part of Thanksgiving(1 of the many gtgs my family had) but since I cut away spending in other parts, I came in significantly under budget. Since gifts are bought, I am hoping for a good December.

12/26/18: $66,160.59

Very happy with this December, spending was at the minimal but it was also a fun month.
Title: Re: Race from 10 to 100k!!
Post by: M5 on December 27, 2018, 04:01:31 AM
Been awhile since I've posted, trying to get back on track to start the new year. Also just started to max my TSP and wife will be contributing $8800/yr to her 401k with the hopes of working towards maxing hers out as well by the middle of 2019. Should let our NW grow much faster!

4/13/18: $14,324.67
12/27/18: $20,377.45
Title: Re: Race from 10 to 100k!!
Post by: jojoguy on December 28, 2018, 04:33:14 AM
Been awhile since I've posted, trying to get back on track to start the new year. Also just started to max my TSP and wife will be contributing $8800/yr to her 401k with the hopes of working towards maxing hers out as well by the middle of 2019. Should let our NW grow much faster!

4/13/18: $14,324.67
12/27/18: $20,377.45

Nice to break 20K right before the new year!
Title: Re: Race from 10 to 100k!!
Post by: Serendip on December 28, 2018, 09:08:31 AM
Dec'17    18,146
Jan'18     23,607
Feb'18     27,000
Mar'18     29,008
Apr'18     30,100
May'18    35,030
June'18   36,700
July'18    39,000
Aug'18    40,150
Sept'18   42,500
Oct'18     43,300
Nov'18    44,500
Dec'18    46,250* thought this was my  end of year number- but was able to add another chunk due to overpaying a tax installment --hurrah!
final      48,380
Title: Re: Race from 10 to 100k!!
Post by: repman on December 28, 2018, 09:35:51 AM
Nov 2017     65.000€
Dez 2017     69.000€  a frugal month and a christmas paycheck !
Jan  2018     73100€
Feb  2018     74100€
Mar  2018     57300€  some expenses and bad investment decisions
Apr 2018      58800€
May 2018      62285€
June 2018     65500€
July 2018      71538€
Aug 2018      76500€
Sep 2018      78600€
Oct 2018      81500€
Nov 2018      83980€
Dez 2018      86500€
Jan 2019       90900€  some boni

Goal: 100.000€ in April 2019

Retire:
plan:      3\1\2025     24 x Living Expenses(year)
is:          now            7,3 x Living Expenses(year)

Don't forget to enter data into the column on the right side of the speadsheet! Not into the first column!
https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?pref=2&pli=1#gid=0
Title: Re: Race from 10 to 100k!!
Post by: M5 on December 28, 2018, 11:59:54 AM
Been awhile since I've posted, trying to get back on track to start the new year. Also just started to max my TSP and wife will be contributing $8800/yr to her 401k with the hopes of working towards maxing hers out as well by the middle of 2019. Should let our NW grow much faster!

4/13/18: $14,324.67
12/27/18: $20,377.45

Nice to break 20K right before the new year!

Thank you! I'm setting a goal to hit 75k by the end of next year!
Title: Re: Race from 10 to 100k!!
Post by: adamsputnik on December 29, 2018, 03:57:04 PM
1/18/18 - 18,350.00
3/15/18 - 20,267.70
5/17/18 - 19,930.00
8/31/18 - 25,908.00
9/21/18 - 28,115.00
11/30/18 - 29,835.00
12/14/18 - 30,879.00
12/31/18 - 30,072.00

Ending the year on a bit of a down note with investments decreasing, but the EF is in better shape now. Still above 30k though.
Title: Re: Race from 10 to 100k!!
Post by: zee dot on December 31, 2018, 09:36:40 AM
9/2017 (168,529.23)
10/2017 (156,730.67)
12/2017 (155, 778.96)
1/2018 (146,335.62)
2/2018 (146,208.20)
3/2018 (90,769.56) annual bonus
4/2018 (83,753.06)
6/2018 (73,857.57)
9/2018 (61,215.95)
10/2018 (51,434.89)
12/2018 60,865.74 sold a house

This doesn't count the equity in my primary home. Still trying to figure out best way to categorize my networth. Didn't originally track equity so trying this out. 
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on December 31, 2018, 10:10:20 AM

I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big, and I just started it in July. My checking account is also not included as it has money I will likely spend this month. Money in retirement accounts that is not vested is also not included. Part of the big jump in between April and August is that part of my 401K vested 20%.  My savings rate will probably be higher next year, as I am looking for a new job in a lower cost of living area, or if I keep my current job, the 401k match goes up to 6% for 4.5%.

Net worth:
Dec2017:$7800
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658
Nov2018: $23,948 (+$290)
 
Dec2018: $23,959.92 (+12)
The market seems to be playing with me a lot this month. I might not update next month as all my work accounts are being transferred to a new service providers due to company buy out a while ago.  I might never get out of the 20's. My expenses this month were higher than usual, but none of that came out of my HSA or retirement account funds.
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on December 31, 2018, 02:03:20 PM
End of Year Update

8/31/18: $12,784
9/17/18: $14,547
9/28/18: $$22,476
10/15/18: $24,956
10/31/18: $27,980
11/15/18: $30,081
11/30/18: $36,219
12/31/18: $36,235 (+16)

WHEW, this month was a doozy with spending. That plus the markets being what they are basically makes December a flat month. But when taking a step back and looking at the beginning of the year, our NW climbed ~$63k over 2018 and that's nothing to sneeze at. Fingers crossed we can keep the pace up going into 2019.
Title: Re: Race from 10 to 100k!!
Post by: Tass on December 31, 2018, 05:53:02 PM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k

Dec 18: $22.4k

This month I saved $1.1k - more than my average - and lost $1.2k in the market. Not a very exciting end of the year, but I have still doubled my number from a year ago.
Title: Re: Race from 10 to 100k!!
Post by: ASW on January 01, 2019, 06:42:49 AM
1/1/2018:   $38,800
2/1/2018:   $49,800
3/1/2018:   $55,707
4/1/2018:   $64,352
5/1/2018:   $68,097
6/1/2018:   $72,976
7/1/2018:   $80,555
8/1/2018:   $85,858
9/1/2018:   $90,137
10/1/2018: $93,806
11/1/2018: $89,537
12/1/2018: $92,795
1/1/2019:   $88,534

Saved about $1800 this month, but couldn't overcome the market moves.  Hoping to graduate in March or April.
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on January 01, 2019, 07:17:41 AM
December 2017 - $11,208
January 2018 - $10,713
February 2018 - $11,869
March 2018 - $14,175
April 2018 - $14,330
May 2018 - $14,592
August 2018 - $19,246
September 2018 - $20,031
October 2018 - $19,301
November 2018 - $20,523

December 2018 - $20,923

Despite saving my "usual" amount, my numbers didn't go up all that much because you know, the market and all that.  That's okay.  Happy New Year, everyone!
Title: Re: Race from 10 to 100k!!
Post by: Old Ball Coach on January 01, 2019, 10:13:25 AM
This includes all our retirement and personal accounts for assets. It includes our credit cards, student loan, and mortgage for liabilities. It DOES NOT include our home value.

April 2018 - $52,917.42
May 2018  - $58,400.19
June 2018 - $59,686.34
July 2018  - $65,798.53
Aug 2018 - $72,231.70
Sept 2018 - $76,755.71
Oct 2018 -  $64,348.89
Nov 2018 - $70,839.76
Dec 2018 - $58,351.73

Loss was all due to market loss. Our 401(k), 403(b), and HCSP were down a combined $13,600. We were still able to eliminate one credit card and only have one to go on that. We were also able to continue to fund a "new" vehicle account, so things still going well other than the market. Of course, no plans to use those retirement funds for another 15 or so years, so there is plenty of time for them to bounce back.

For the New Year, we are looking at putting an additional 5% of our salaries into our retirement accounts. That will definitely give us a boost to our savings rates.
Title: Re: Race from 10 to 100k!!
Post by: zygote on January 01, 2019, 10:59:43 AM
For context: I'm 29 in a HCOL city. I'm married, but these are my own numbers since we keep our finances separate. Includes cash, retirement, and credit cards, which are used for normal expenses and paid off in full every month.

3/18: $48,533.91
4/18: $53,215.13 (+4,681.22 - extra paycheck)
5/18: $55,433.65 (+2,218.52)
6/18: $57,041.95 (+1,572.27)
7/18: $59,753.49 (+2,711.54)
8/18: $63,816.19 (+4,062.70)
9/18: $70,101.27 (+6,285.08 - extra paycheck)
10/18: $73,538.91 (+3,437.64)
11/18: $69,595.61 (-3,943.30)
12/18: $73,126.64 (+3,531.03)
1/19: $69,733.94 (-2,712.15)

Loss is due to the market. The fluctuations make more of an impact as my net worth increases. My savings were the same this month as they've been all year. I even hit my $3,000 goal of money earmarked for a taxable account, so I opened one with Vanguard and put it all in VTSAX. When the market goes back up, so will all my new shares!
Title: Re: Race from 10 to 100k!!
Post by: peppermint on January 01, 2019, 11:39:43 AM
01/2018: $40796.81
02/2018: $41337.51
03/2018: $42682.42
04/2018: $46138.41
05/2018: $48761.77
06/2018: $51084.06
07/2018: $56155.54
08/2018: $55622.63
09/2018: $62036.49
10/2018: $64543.48
11/2018: $63002.61
12/2018: $65136.29
01/2019: $64776.35

Like others here, I took a bit of a hit because of the market. Still ended up saving ~25K over the course of the year. Happy 2019, everyone!
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on January 01, 2019, 01:21:21 PM
2018
Jan1 - 63.8k
Feb1 - 64.0k (+200)
Mar 1 - 65.0k (+1000)
Apr 1 - 65.4k (+400)
May 1 - 67.5k (+2100)
June 1 - 69.5k (+2000)
July 1 - 72.3k (+2800)
Aug 1 - 74.0k (+1700)
Sept 1 - 76.7k (+2700)
Oct 1 - 79.6k (+2900)
Nov 1 - 79.5k (-100)
Dec 1 - 81.8k (+2300)
2019
Jan 1 - 82.5k (+700)

Happy New Year everyone! Edit: changed Jan 1 number from 80.5 to 82.5, had 2k transferred into my account which I didn't count.  Here's to 2019, and hopefully graduation by Aug or so. 
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on January 02, 2019, 06:53:45 AM

Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

June ended around 36,000 (estimate, was too busy to exactly keep track). July ends with my NW up to $38,676.

Happy with my progress, though I've been spendier than I should.  On a plus side, it looks like I'll be taking a new job which should see a ~20% bump in pay, plus a nice sign on bonus. So my NW should begin to grow more quickly! Ohh and my commute will be dropping from 42 miles down to 2.5 miles! As a result I'll be saving a ton on gas and wear and tear on my car.

9/29/17 - $11,511 (First post in thread)
6/30/18 - $36,000
7/31/18 - $38,676
8/31/18 - $40,277
9/30/18 - $50,572
10/31/18 - $46,085
11/30/18 - $48,956
12/31/18 - $46,003



December Notes


I was really hoping to crack $50,000 again, but market downturn coupled with some pricey medical bills, my car getting stolen (got it back, but had to change the locks) and Christmas spending made sure that didn't happen.

Hopefully 2019 will start off on a better note!
Title: Re: Race from 10 to 100k!!
Post by: L2 on January 02, 2019, 10:23:47 AM
End of July NW: 84,495
End of Year projected NW: 104,324
End of August NW: 88,430.58
End of Year projected NW: 105,233.73

End of September NW: 90,725.77
End of Year Projected NW: 105,847.91

Definitely a rougher month for me expense wise. Had $700 of work expenses that I covered up front, $750 in car repairs, weekend trips to Chicago and Toronto, and the girlfriend's birthday dinner/night out.

October should set up to be a nice month - very little out of the ordinary expenses, work expense reimbursement, and ~$1200 in net bonuses.
November should also be a nice month. Raise will go into effect beginning 11/1 and its a 3 paycheck month. Goal is now to hit 100k effective 11/30.
End of October NW: 92,808.68
End of Year Projected NW: 103,981.71

Bleh stock market.
End of November NW: 98,999.81
End of Year Projected NW: 103,693.80
Lot of money moving around right now being end of year, so its hard to get a to-dollar amount. However for purposes of tracking:

End of December NW: 98,000.

Sucks man.
Title: Re: Race from 10 to 100k!!
Post by: snoot on January 02, 2019, 10:45:01 AM
January              67,602
February             72,789
March                 75,413
April                    75,770   
May                    73,933   
June                   77,260
July                    77,632   
August               79,049
September         83,381 
October             88,081
November          94,261
December          98,822
January             101,315

Just made it to the next thread! Great job everyone, hope to see many of you in the 100k - 250k thread soon!
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on January 02, 2019, 01:40:40 PM
January              67,602
February             72,789
March                 75,413
April                    75,770   
May                    73,933   
June                   77,260
July                    77,632   
August               79,049
September         83,381 
October             88,081
November          94,261
December          98,822
January             101,315

Just made it to the next thread! Great job everyone, hope to see many of you in the 100k - 250k thread soon!

Congrats, see you there sometime later this year
Title: Re: Race from 10 to 100k!!
Post by: vertkurt on January 04, 2019, 10:01:32 AM

1/1= 14,705
2/1/18= 18,264
3/1/18= 21,225
4/1/18= 22,741
5/1/18= 26,020
6/1/18= 28,987
7/1/18= 31,457
8/1/18= 34,642
9/1/18= 37,413
10/1/18= 41,426
11/1/18= 37,475
12/1/18= 44,300
1/1/19= 46,862
Title: Re: Race from 10 to 100k!!
Post by: Mattrim on January 05, 2019, 02:42:07 PM
6/30: 5828.16$
8/1:   15412.83$ (+9586.67$)
8/31: 19351.65$ (+3938.82$)
9/31: 25450$ (+6099$)
11/1: 29805$ (+4355$)
12/3: 35490$ (+5685$)
1/3:   41338$ (+5848$)

Reached my goal of 40k! Very happy with that :) Goal for 2019 is to pass 100k, it should absolutely be possible. The biggest challenge is that I and DW will take out unpaid leave to stay home with our newborn son. Still, I think we should manage :)
Title: Re: Race from 10 to 100k!!
Post by: twistedfirestarter on January 13, 2019, 02:00:53 AM
£24,041 Apr '17
£26,105 May '17
£28,229 Jun '17
£31,961 Jul '17
£34,902 Aug '17
£37,596 Sep '17
£41,756 Oct '17
£45,885 Nov '17
£49,200 Dec '17
£53,000 Jan '18
£55,765 Feb '18
£58,840 Mar '18
£61,802 Apr ‘18
£66,336 May ‘18
£70,866 Jun ‘18
£74,169 Jul ‘18
£78,963 Aug '18
£82,615 Sep '18
£79,540 Oct ‘18
£84,005 Nov ‘18
£87,300 Dec ‘18

£88,150 Jan ‘19
Still plugging away
Title: Re: Race from 10 to 100k!!
Post by: Eric222 on January 13, 2019, 05:55:43 AM
Oh boy - I can join this thread now!  I'm a bit premature, but I'll be over 10k with my next paycheck.  :)

Jan 13th 2019:  $6.5k!
Title: Re: Race from 10 to 100k!!
Post by: MrUpwardlyMobile on January 13, 2019, 06:16:32 AM
Oh boy - I can join this thread now!  I'm a bit premature, but I'll be over 10k with my next paycheck.  :)

Jan 13th 2019:  $6.5k!

Cheater!! :-p. It’s always exciting to join one of these threads. So welcome.
Title: Re: Race from 10 to 100k!!
Post by: jojoguy on January 13, 2019, 10:06:09 AM
October 7, 2018 = $600
October 18, 2018 = $2500
November 1, 2018 = $5,995
November 15, 2018 = $9,273
November 29, 2018 = $11,340
December 13, 2018 = $13,155
December 25, 2018 = $15,396

Okay, now I am making a few adjustments by adding my 401K totals into the mix. For a long time I have not been checking mine or my wife`s balance and have been doing company match for several years now. After taking advice from a bunch of different places, we are making some changes. From a couple of weeks back until now we have set our 401k deductions much higher to hit that $19,000 employee limit for each of us each year. I am estimating 31% of my paycheck and my wife`s is 38%. I am also setting aside an emergency fund of at least 6 months. Which will be roughly $10,000. I will keep it in our totals in each update though. Just to make things simpler in keeping count of our tally. I`ll be adding HSA as well. Now, comes the exciting part.


January 13, 2019 =

401K:
Me = $37,326.95
Wife = $25,337.03
Brokerage = $11,674.24
Emergency savings = $8300

Total =
$82,638.22


Title: Re: Race from 10 to 100k!!
Post by: M5 on January 14, 2019, 01:21:59 PM
October 7, 2018 = $600
October 18, 2018 = $2500
November 1, 2018 = $5,995
November 15, 2018 = $9,273
November 29, 2018 = $11,340
December 13, 2018 = $13,155
December 25, 2018 = $15,396

Okay, now I am making a few adjustments by adding my 401K totals into the mix. For a long time I have not been checking mine or my wife`s balance and have been doing company match for several years now. After taking advice from a bunch of different places, we are making some changes. From a couple of weeks back until now we have set our 401k deductions much higher to hit that $19,000 employee limit for each of us each year. I am estimating 31% of my paycheck and my wife`s is 38%. I am also setting aside an emergency fund of at least 6 months. Which will be roughly $10,000. I will keep it in our totals in each update though. Just to make things simpler in keeping count of our tally. I`ll be adding HSA as well. Now, comes the exciting part.


January 13, 2019 =

401K:
Me = $37,326.95
Wife = $25,337.03
Brokerage = $11,674.24
Emergency savings = $8300

Total =
$82,638.22

Wow, what a nice surpise when you finally checked your balances!! Looks like you'll be moving on by mid-year!
Title: Re: Race from 10 to 100k!!
Post by: jojoguy on January 15, 2019, 03:59:50 AM
October 7, 2018 = $600
October 18, 2018 = $2500
November 1, 2018 = $5,995
November 15, 2018 = $9,273
November 29, 2018 = $11,340
December 13, 2018 = $13,155
December 25, 2018 = $15,396

Okay, now I am making a few adjustments by adding my 401K totals into the mix. For a long time I have not been checking mine or my wife`s balance and have been doing company match for several years now. After taking advice from a bunch of different places, we are making some changes. From a couple of weeks back until now we have set our 401k deductions much higher to hit that $19,000 employee limit for each of us each year. I am estimating 31% of my paycheck and my wife`s is 38%. I am also setting aside an emergency fund of at least 6 months. Which will be roughly $10,000. I will keep it in our totals in each update though. Just to make things simpler in keeping count of our tally. I`ll be adding HSA as well. Now, comes the exciting part.


January 13, 2019 =

401K:
Me = $37,326.95
Wife = $25,337.03
Brokerage = $11,674.24
Emergency savings = $8300

Total =
$82,638.22

Wow, what a nice surpise when you finally checked your balances!! Looks like you'll be moving on by mid-year!

To be fair though, Most of the 401k balances came from 15-18 previous years of passive small amounts from our bi-weekly pay. We started getting slightly more aggressive(6%) in the last 3 years. In combination to our brokerage and upping our 401k by a huge amount, things are going to be more interesting from here on out. 10 years(2019) is our goal, but we`ll probably be able to FIRE before then. I don`t want to FIRE earlier though. Unless we end up doing much better then my yearly hopeful expectations(+5%). 10 years will put us over 1 Million which is my goal. I don`t want to touch our 401K until at the earliest my wife`s, but that won`t be until 13 years. She is older than me(46), and we plan on drawing only 2% yearly(her 401K) once she turns 59 1/2 while drawing 2-3% from brokerage. My 401K won`t be touched for 21 years(I`m 38 now). That is fine because we should live fine off of the other two sources of income, plus whichever side jobs we may take when we FI. We have high goals in mind. Even if we only reach 75% or even 50%, it should be a pretty large amount compared to what we would have if we did nothing. Thanks @M5 !

P.S. I am sure to make adjustments to our plans. I am still learning the details about converting TIRA to a Roth. Mad Fientist is awesome!
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on January 15, 2019, 05:18:00 AM
Mid-January Update

8/31/18: $12,784
9/17/18: $14,547
9/28/18: $$22,476
10/15/18: $24,956
10/31/18: $27,980
11/15/18: $30,081
11/30/18: $36,219
12/31/18: $36,235
1/15/19: $44,961 (+8726)
Title: Re: Race from 10 to 100k!!
Post by: adamsputnik on January 15, 2019, 10:07:34 AM
October 7, 2018 = $600
October 18, 2018 = $2500
November 1, 2018 = $5,995
November 15, 2018 = $9,273
November 29, 2018 = $11,340
December 13, 2018 = $13,155
December 25, 2018 = $15,396

Okay, now I am making a few adjustments by adding my 401K totals into the mix. For a long time I have not been checking mine or my wife`s balance and have been doing company match for several years now. After taking advice from a bunch of different places, we are making some changes. From a couple of weeks back until now we have set our 401k deductions much higher to hit that $19,000 employee limit for each of us each year. I am estimating 31% of my paycheck and my wife`s is 38%. I am also setting aside an emergency fund of at least 6 months. Which will be roughly $10,000. I will keep it in our totals in each update though. Just to make things simpler in keeping count of our tally. I`ll be adding HSA as well. Now, comes the exciting part.


January 13, 2019 =

401K:
Me = $37,326.95
Wife = $25,337.03
Brokerage = $11,674.24
Emergency savings = $8300

Total =
$82,638.22

I did say you'd be done with this thread before me!

1/18/18 - 18,350.00
3/15/18 - 20,267.70
5/17/18 - 19,930.00
8/31/18 - 25,908.00
9/21/18 - 28,115.00
11/30/18 - 29,835.00
12/14/18 - 30,879.00
12/31/18 - 30,072.00
1/15/19 - 32,774.00
Title: Re: Race from 10 to 100k!!
Post by: M5 on January 15, 2019, 01:03:12 PM
October 7, 2018 = $600
October 18, 2018 = $2500
November 1, 2018 = $5,995
November 15, 2018 = $9,273
November 29, 2018 = $11,340
December 13, 2018 = $13,155
December 25, 2018 = $15,396

Okay, now I am making a few adjustments by adding my 401K totals into the mix. For a long time I have not been checking mine or my wife`s balance and have been doing company match for several years now. After taking advice from a bunch of different places, we are making some changes. From a couple of weeks back until now we have set our 401k deductions much higher to hit that $19,000 employee limit for each of us each year. I am estimating 31% of my paycheck and my wife`s is 38%. I am also setting aside an emergency fund of at least 6 months. Which will be roughly $10,000. I will keep it in our totals in each update though. Just to make things simpler in keeping count of our tally. I`ll be adding HSA as well. Now, comes the exciting part.


January 13, 2019 =

401K:
Me = $37,326.95
Wife = $25,337.03
Brokerage = $11,674.24
Emergency savings = $8300

Total =
$82,638.22

Wow, what a nice surpise when you finally checked your balances!! Looks like you'll be moving on by mid-year!

To be fair though, Most of the 401k balances came from 15-18 previous years of passive small amounts from our bi-weekly pay. We started getting slightly more aggressive(6%) in the last 3 years. In combination to our brokerage and upping our 401k by a huge amount, things are going to be more interesting from here on out. 10 years(2019) is our goal, but we`ll probably be able to FIRE before then. I don`t want to FIRE earlier though. Unless we end up doing much better then my yearly hopeful expectations(+5%). 10 years will put us over 1 Million which is my goal. I don`t want to touch our 401K until at the earliest my wife`s, but that won`t be until 13 years. She is older than me(46), and we plan on drawing only 2% yearly(her 401K) once she turns 59 1/2 while drawing 2-3% from brokerage. My 401K won`t be touched for 21 years(I`m 38 now). That is fine because we should live fine off of the other two sources of income, plus whichever side jobs we may take when we FI. We have high goals in mind. Even if we only reach 75% or even 50%, it should be a pretty large amount compared to what we would have if we did nothing. Thanks @M5 !

P.S. I am sure to make adjustments to our plans. I am still learning the details about converting TIRA to a Roth. Mad Fientist is awesome!

Sounds like you have some pretty solid goals! My wife and I constantly struggle on whether we want to continue doing jobs we don't enjoy that have killer benefits or just pull the plug in a few years. We could make it work either way but would definitely be forced to work in some capacity for several extra years if we quit what we're doing currently. I'm getting ready to turn 26, her 25 and if we continue until I'm 45 I can retire with free family medical for life and a minimum pension of about 30k/yr, possibly more. By that point our combined traditional TSP/401k balances should exceed $2M. Other than not enjoying our jobs, the rest of our lives could be a breeze financially.... tough decision
Title: Re: Race from 10 to 100k!!
Post by: jojoguy on January 15, 2019, 04:13:56 PM
October 7, 2018 = $600
October 18, 2018 = $2500
November 1, 2018 = $5,995
November 15, 2018 = $9,273
November 29, 2018 = $11,340
December 13, 2018 = $13,155
December 25, 2018 = $15,396

Okay, now I am making a few adjustments by adding my 401K totals into the mix. For a long time I have not been checking mine or my wife`s balance and have been doing company match for several years now. After taking advice from a bunch of different places, we are making some changes. From a couple of weeks back until now we have set our 401k deductions much higher to hit that $19,000 employee limit for each of us each year. I am estimating 31% of my paycheck and my wife`s is 38%. I am also setting aside an emergency fund of at least 6 months. Which will be roughly $10,000. I will keep it in our totals in each update though. Just to make things simpler in keeping count of our tally. I`ll be adding HSA as well. Now, comes the exciting part.


January 13, 2019 =

401K:
Me = $37,326.95
Wife = $25,337.03
Brokerage = $11,674.24
Emergency savings = $8300

Total =
$82,638.22

Wow, what a nice surpise when you finally checked your balances!! Looks like you'll be moving on by mid-year!

To be fair though, Most of the 401k balances came from 15-18 previous years of passive small amounts from our bi-weekly pay. We started getting slightly more aggressive(6%) in the last 3 years. In combination to our brokerage and upping our 401k by a huge amount, things are going to be more interesting from here on out. 10 years(2019) is our goal, but we`ll probably be able to FIRE before then. I don`t want to FIRE earlier though. Unless we end up doing much better then my yearly hopeful expectations(+5%). 10 years will put us over 1 Million which is my goal. I don`t want to touch our 401K until at the earliest my wife`s, but that won`t be until 13 years. She is older than me(46), and we plan on drawing only 2% yearly(her 401K) once she turns 59 1/2 while drawing 2-3% from brokerage. My 401K won`t be touched for 21 years(I`m 38 now). That is fine because we should live fine off of the other two sources of income, plus whichever side jobs we may take when we FI. We have high goals in mind. Even if we only reach 75% or even 50%, it should be a pretty large amount compared to what we would have if we did nothing. Thanks @M5 !

P.S. I am sure to make adjustments to our plans. I am still learning the details about converting TIRA to a Roth. Mad Fientist is awesome!

Sounds like you have some pretty solid goals! My wife and I constantly struggle on whether we want to continue doing jobs we don't enjoy that have killer benefits or just pull the plug in a few years. We could make it work either way but would definitely be forced to work in some capacity for several extra years if we quit what we're doing currently. I'm getting ready to turn 26, her 25 and if we continue until I'm 45 I can retire with free family medical for life and a minimum pension of about 30k/yr, possibly more. By that point our combined traditional TSP/401k balances should exceed $2M. Other than not enjoying our jobs, the rest of our lives could be a breeze financially.... tough decision


Wow, definitely tough decision! I work the type of job most hate(retail), but I have gotten more to liking it over the last year or so. Definitely more in the last 4 or 5 months since this journey to FIRE began. I actually feel motivated to work harder and to try to get the most overtime that I can while I can. In turn, my reputation has gained significantly. My higher up boss says that he knows that I am not a waste of money when it comes to allowing me overtime. By far, the biggest compliment that I have gotten on my job. He is even allowing me to have overtime during this slow time of the year. What helps motivate me the most though is trying to stay positive even during stressful events. So, keep positive. Keep doing what you do for as long as you can stand it. The rewards will multiply the longer you persevere, my friend.
Title: Re: Race from 10 to 100k!!
Post by: L2 on January 15, 2019, 05:17:21 PM
End of July NW: 84,495
End of Year projected NW: 104,324
End of August NW: 88,430.58
End of Year projected NW: 105,233.73

End of September NW: 90,725.77
End of Year Projected NW: 105,847.91

Definitely a rougher month for me expense wise. Had $700 of work expenses that I covered up front, $750 in car repairs, weekend trips to Chicago and Toronto, and the girlfriend's birthday dinner/night out.

October should set up to be a nice month - very little out of the ordinary expenses, work expense reimbursement, and ~$1200 in net bonuses.
November should also be a nice month. Raise will go into effect beginning 11/1 and its a 3 paycheck month. Goal is now to hit 100k effective 11/30.
End of October NW: 92,808.68
End of Year Projected NW: 103,981.71

Bleh stock market.
End of November NW: 98,999.81
End of Year Projected NW: 103,693.80
Lot of money moving around right now being end of year, so its hard to get a to-dollar amount. However for purposes of tracking:

End of December NW: 98,000.

Sucks man.

Checked my numbers today and it looks like I've graduated! $101,635!

Keep up the hard work everyone. I'll be seeing you all in the race to $250k thread before we know it!
Title: Re: Race from 10 to 100k!!
Post by: M5 on January 15, 2019, 05:34:28 PM
End of July NW: 84,495
End of Year projected NW: 104,324
End of August NW: 88,430.58
End of Year projected NW: 105,233.73

End of September NW: 90,725.77
End of Year Projected NW: 105,847.91

Definitely a rougher month for me expense wise. Had $700 of work expenses that I covered up front, $750 in car repairs, weekend trips to Chicago and Toronto, and the girlfriend's birthday dinner/night out.

October should set up to be a nice month - very little out of the ordinary expenses, work expense reimbursement, and ~$1200 in net bonuses.
November should also be a nice month. Raise will go into effect beginning 11/1 and its a 3 paycheck month. Goal is now to hit 100k effective 11/30.
End of October NW: 92,808.68
End of Year Projected NW: 103,981.71

Bleh stock market.
End of November NW: 98,999.81
End of Year Projected NW: 103,693.80
Lot of money moving around right now being end of year, so its hard to get a to-dollar amount. However for purposes of tracking:

End of December NW: 98,000.

Sucks man.

Checked my numbers today and it looks like I've graduated! $101,635!

Keep up the hard work everyone. I'll be seeing you all in the race to $250k thread before we know it!

Congrats @L2 !!
Title: Re: Race from 10 to 100k!!
Post by: Evasion on January 16, 2019, 03:31:48 AM
20 Dec 18 - 37,800
16 Jan 18 - 39,900

A bit disappointing but not too bad considering it's holidays season, I got a quarterly tax bill and paid 6 months gym membership upfront.
Will hit 40k next month!

Title: Re: Race from 10 to 100k!!
Post by: lexde on January 18, 2019, 07:11:12 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10

1/18/2019: $35,782.18

I think I forgot to update last paycheck. I'm on track to be debt-free by the end of the first quarter this year. In the meantime, shoving $800/mo into my IRA and paying down the last of my debt which is all at 0%. I'll be interested to see how much progress I make by 3/15/19, since it will have been exactly one year from joining this thread!
Title: Re: Race from 10 to 100k!!
Post by: Eric222 on January 18, 2019, 08:07:54 AM
Oh boy - I can join this thread now!  I'm a bit premature, but I'll be over 10k with my next paycheck.  :)

Jan 13th 2019:  $6.5k!

Cheater!! :-p. It’s always exciting to join one of these threads. So welcome.

Now I'm not cheating!

1/18/2019: $20.2k. :)
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on January 18, 2019, 02:38:35 PM
Aug 15: 5327 (found MMM)
Jan 16: 12700
Jan 17: 31444
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Apr 18: 75766
May 18: 77414
Jun 18: 81980
Jul 18: 82825
Aug 18: 82665
Sep 18: 84098
Oct 18: 85029
Nov 18: 85620
Dec 18: 88171
Jan 18: 88673
Title: Re: Race from 10 to 100k!!
Post by: jojoguy on January 18, 2019, 04:37:15 PM
Aug 15: 5327 (found MMM)
Jan 16: 12700
Jan 17: 31444
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Apr 18: 75766
May 18: 77414
Jun 18: 81980
Jul 18: 82825
Aug 18: 82665
Sep 18: 84098
Oct 18: 85029
Nov 18: 85620
Dec 18: 88171
Jan 18: 88673

Great job!
Title: Re: Race from 10 to 100k!!
Post by: Serendip on January 22, 2019, 01:13:28 PM
I won't receive another cheque before the end of month so here is my update:

Dec '17    18,146
Jan '18     23,607
Feb '18     27,000
Mar '18     29,008
Apr '18     30,100
May '18    35,030
June '18   36,700
July '18    39,000
Aug '18    40,150
Sept '18   42,500
Oct '18     43,300
Nov '18    44,500
Dec '18     48,380
Jan '19     51,210

**made it to the halfway point for this thread!**
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on January 24, 2019, 06:38:26 AM
Dec 2017 €14.300
June 2018 €23.300 (+9k over 6 months)
July 2018 €24.400 (+1.100)
Aug 2018 €25.700 (+1.300)
Sept 2018 €26.100 (+400)
Oct 2018 €26.100 (+0)
Nov 2018 €29.100 (+3.000!!)
Dec 2018 €35.600 (+6.500)
Jan 2019 €39.000 (+3.400)

No clue how I managed to save so much this month. It was a good one for business, stocks went back up, salary is increased and tax cuts were introduced so all together it adds up I guess? Seems like I'm gonna be able to hit €40k next month!
Title: Re: Race from 10 to 100k!!
Post by: Tass on January 24, 2019, 09:32:37 AM
Wow, Hirondelle, you've really taken off in the last 3 months!
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on January 24, 2019, 09:49:18 AM
Wow, Hirondelle, you've really taken off in the last 3 months!

Thanks! I have to admit that the big december jump came from a windfal (old savings account set up by parents when I was a baby) but yes, November and January have both been pretty amazing! I was actually quite surprised when I added up the numbers today. My net salary is still only 2k/month :p.
Title: Re: Race from 10 to 100k!!
Post by: Cezil on January 25, 2019, 08:42:29 AM
Dec-2016: $32,870.70
Dec-2017: $58,271.55   (+ 25,400.85)
Dec-2018: $72,493.16   (+ 14,221.61)

The market drop helped me buy more shares at a cheaper price at the end of the year.  While my net worth isn’t where I thought it would be (ended November over $75K), the lower number now means I’ll grow greater later (ideally).  [Will this year be the year I reach 100K?  I hope so!]
Title: Re: Race from 10 to 100k!!
Post by: jojoguy on January 26, 2019, 03:02:37 AM
October 7, 2018 = $600
October 18, 2018 = $2500
November 1, 2018 = $5,995
November 15, 2018 = $9,273
November 29, 2018 = $11,340
December 13, 2018 = $13,155
December 25, 2018 = $15,396

January 13, 2019 =
401K:
Me = $37,326.95
Wife = $25,337.03
Brokerage = $11,674.24
Emergency savings = $8300


January 26, 2019 =
401K:
Me = $39,050
Wife = $26,676
Brokerage = $12,465.85
Emergency savings = $12,000? I`ve got some precious metals from years past for a really rainy day. Not sure of total value. Guesstimate is $4K or so. I bought them over ten years ago and they lost value. They were worth double that at one point. Originally I wasn`t going to add it to the tally, but what the heck. It puts me physically and psychologically in the mind to reach that $100,000 current goal. Honestly, I`ll feel more accomplishment reaching $100K in 401K and brokerage accounts.

Total for accounts = $78,191
Total Total = $90,091
Title: Re: Race from 10 to 100k!!
Post by: paulkots on January 28, 2019, 05:36:33 AM
11/26/17: $47,707.48
06/22/18: $72,953.75
07/27/18: $71,676.31
08/23/18: $65,034.83
10/04/17: $63,306.87
10/26/18: $64,270.98
11/27/18: $66,467.65
12/26/18: $66,160.59

Very happy with this December, spending was at the minimal but it was also a fun month.

01/28/18: $64,688.44

An unexpected month. First, had to buy a last minute airplane ticket to fly out to my uncles funeral. A few weeks later, booked airplane tickets to Costa Rica for a vacation, within a couple of days booked the hotels and rental car. Also did my last 2018 tax prepayment.
Title: Re: Race from 10 to 100k!!
Post by: dignam on January 28, 2019, 07:04:03 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10

1/18/2019: $35,782.18

I think I forgot to update last paycheck. I'm on track to be debt-free by the end of the first quarter this year. In the meantime, shoving $800/mo into my IRA and paying down the last of my debt which is all at 0%. I'll be interested to see how much progress I make by 3/15/19, since it will have been exactly one year from joining this thread!

Awesome, nice work!  We'll see you in the 100-250k thread in no time.
Title: Re: Race from 10 to 100k!!
Post by: arob54600 on January 29, 2019, 08:38:29 AM
This is my Retirement funds only! (not including my husband)

OUR goal is to have a networth together of 100,000 by the end of the year. We are about to switch gears and pay off our house fast, so my numbers are about to slow down.

End of November 17-  41195
End of December 17-  42526
End of January 18-     47966
End of February 18-   47104
End of May 18 -         48521
End of July 18 -         53000
End of August 18-     55866
End of September 18 - 57315
End of October 2018- 54534.62
End of January 2019- 57389


Took a few month off with a new baby. Back to the grind!
Title: Re: Race from 10 to 100k!!
Post by: repman on January 29, 2019, 09:13:56 AM
Nov 2017     65.000€
Dez 2017     69.000€  a frugal month and a christmas paycheck !
Jan  2018     73100€
Feb  2018     74100€
Mar  2018     57300€  some expenses and bad investment decisions
Apr 2018      58800€
May 2018      62285€
June 2018     65500€
July 2018      71538€
Aug 2018      76500€
Sep 2018      78600€
Oct 2018      81500€
Nov 2018      83980€
Dez 2018      86500€
Jan 2019       90900€  some boni
Feb 2019       94200€


Goal: 100.000€ in April 2019


Retire:
plan:      3\1\2025     24 x Living Expenses(year)
is:          now            7,5 x Living Expenses(year)


Don't forget to enter data into the column on the right side of the spreadsheet! Not into the first column!
https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?pref=2&pli=1#gid=0
Title: Re: Race from 10 to 100k!!
Post by: Evasion on January 30, 2019, 10:40:45 PM

20 Dec 18 - 37,800
16 Jan 18 - 39,900
1 Feb 18 - 41,500
Got some help from the market but glad to be well over 40k! I am now working full time so hope to speed this up to over 44k in February :)
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on January 31, 2019, 09:19:21 AM
End of January Update

8/31/18: $12,784
9/17/18: $14,547
9/28/18: $$22,476
10/15/18: $24,956
10/31/18: $27,980
11/15/18: $30,081
11/30/18: $36,219
12/31/18: $36,235
1/15/19: $44,961
1/31/19: $52,928 (+7967)

Nice to be over the halfway mark. We have quite a few large ticket items coming up that we'll need to purchase so we may see a bit of a slowdown but pleased with our progress so far this year.
Title: Re: Race from 10 to 100k!!
Post by: Tass on January 31, 2019, 11:18:56 AM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k
Dec 18$22.4k

Jan 19: $24.7k

I spent like crazy this month, but between the market and a bank bonus, you can't tell. The crazy spending was in pursuit of a credit card bonus, and consists mostly of car expenses (pre-paying insurance, registration fees, oil change) and $650 worth of plane tickets - $250 of which will be credited back to me, but that has yet to materialize.

I am TANTALIZINGLY close to $25k, and in fact have technically hit it already, but I have subtracted out the rent payment that's about to hit my account. Gotta keep it consistent. I did hit 5% of 25x expenses in my investment accounts, though!

ETA: I got 2.5 paychecks this month. I get paid tomorrow (2/1) but paychecks show up in my brokerage a day early. I'll make up the other half a paycheck on the last day of February, and then get 2.5 in March as well. This also contributed to my big gain despite big spending.

Dec '19 goal: $40k
Title: Re: Race from 10 to 100k!!
Post by: zygote on January 31, 2019, 11:43:57 AM
For context: I'm 29 in a HCOL city. I'm married, but these are my own numbers since we keep our finances separate. Includes cash, retirement, and credit cards, which are used for normal expenses and paid off in full every month.

3/18: $48,533.91
4/18: $53,215.13 (+4,681.22 - extra paycheck)
5/18: $55,433.65 (+2,218.52)
6/18: $57,041.95 (+1,572.27)
7/18: $59,753.49 (+2,711.54)
8/18: $63,816.19 (+4,062.70)
9/18: $70,101.27 (+6,285.08 - extra paycheck)
10/18: $73,538.91 (+3,437.64)
11/18: $69,595.61 (-3,943.30)
12/18: $73,126.64 (+3,531.03)
1/19: $69,733.94 (-2,712.15)
2/19: $78,918.09 (+9,184.15 - extra paycheck)

I don't have plans to spend anything today, so it's close enough to the 2/1 balance. Huge gains this month between the market, an extra paycheck, and lower-than-average spending. My goal is to graduate the thread by the end of the year. I will definitely make it based on expected contributions; only reason I wouldn't is the market taking another tumble.
Title: Re: Race from 10 to 100k!!
Post by: Mattrim on January 31, 2019, 11:56:29 AM
6/30: $5828.16
8/1:   $15412.83 (+$9586.67)
8/31: $19351.65 (+$3938.82)
9/31: $25450 (+$6099)
11/1: $29805 (+$4355)
12/3: $35490 (+$5685)
1/3:   $41338 (+$5848)
1/31: $50090 (+8752)

Goal December 2019: $100k

Crazy month for my part. Salary increased and I got refunded for the higher salary since June last year. On track for my goal, but challenges coming up due to both me and DW will take unpaid leave from work to stay home with our son.

Great job everyone!
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on January 31, 2019, 12:03:13 PM
January 2018 - $10,713
February 2018 - $11,869
March 2018 - $14,175
April 2018 - $14,330
May 2018 - $14,592
August 2018 - $19,246
September 2018 - $20,031
October 2018 - $19,301
November 2018 - $20,523
December 2018 - $20,923

January 2019 - $21,742

Thankful for the market rebounding, otherwise it would have been a bad month for me.  I spent a lot of cash this month on car maintenance, vet bills, and plane tickets.  My progress is slower than most, but I'm just going to keep at it. 
Title: Re: Race from 10 to 100k!!
Post by: Tass on January 31, 2019, 12:15:02 PM
Hang in there, @LittleWanderer. You're not the only one on the slow and steady train!
Title: Re: Race from 10 to 100k!!
Post by: Spruit on January 31, 2019, 12:59:10 PM

1st of October '18: 11,203
1st of November '18: 11,582
1st of December '18: 12,725
22nd of December' 18: 15,003

Last paycheck of the year included travel and commuting reimbursement as well as small 13th month. Hitting 15k in 2018 certainly feels like a mini milestone!
This is the last time I'll be tracking my private funds, as BF and me decided to pool all our resources from now on.

Joint NW Dec 18:  60,233

Joint NW Dec 18: 60,233
Joint NW Jan 19: 60,094

Rather static, which is actually a good thing for now. Savings will go down after next month due to closing costs, about 12k.
Title: Re: Race from 10 to 100k!!
Post by: vertkurt on January 31, 2019, 01:38:42 PM

1/1= 14,705
2/1/18= 18,264
3/1/18= 21,225
4/1/18= 22,741
5/1/18= 26,020
6/1/18= 28,987
7/1/18= 31,457
8/1/18= 34,642
9/1/18= 37,413
10/1/18= 41,426
11/1/18= 37,475
12/1/18= 44,300
1/1/19= 46,862
2/1/19= 53,310
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on January 31, 2019, 03:08:00 PM
Hang in there, @LittleWanderer. You're not the only one on the slow and steady train!

Thanks, @Tass!  :)  It's nice that there are a few of us slower folks still together from the old $10K thread! 
Title: Re: Race from 10 to 100k!!
Post by: adamsputnik on January 31, 2019, 06:38:44 PM
1/18/18 - 18,350.00
3/15/18 - 20,267.70
5/17/18 - 19,930.00
8/31/18 - 25,908.00
9/21/18 - 28,115.00
11/30/18 - 29,835.00
12/14/18 - 30,879.00
12/31/18 - 30,072.00
1/15/19 - 32,774.00
1/31/19 - 34,776.00

Another carriage on the slow and steady train arrives in the yard.
Title: Re: Race from 10 to 100k!!
Post by: ItsALongStory on January 31, 2019, 07:48:19 PM
Hang in there, @LittleWanderer. You're not the only one on the slow and steady train!

Thanks, @Tass!  :)  It's nice that there are a few of us slower folks still together from the old $10K thread!

It's just a different form of keeping up with the Jones's. Don't fall into that trap on the savings end either.
Title: Re: Race from 10 to 100k!!
Post by: Old Ball Coach on January 31, 2019, 08:11:23 PM
This includes all our retirement and personal accounts for assets. It includes our credit cards, student loan, and mortgage for liabilities. It DOES NOT include our home value.

April 2018 - $52,917.42
May 2018  - $58,400.19
June 2018 - $59,686.34
July 2018  - $65,798.53
Aug 2018 - $72,231.70
Sept 2018 - $76,755.71
Oct 2018 -  $64,348.89
Nov 2018 - $70,839.76
Dec 2018 - $58,351.73
Jan 2019 - $78,256.31

Massive jump this month! Of course market bounced back nicely, but my wife's company does their 401k match in January and that added a cool $4,400 to her account. On our way to $100k!
Title: Re: Race from 10 to 100k!!
Post by: ASW on February 01, 2019, 04:16:52 AM
1/1/2018:   $38,800
2/1/2018:   $49,800
3/1/2018:   $55,707
4/1/2018:   $64,352
5/1/2018:   $68,097
6/1/2018:   $72,976
7/1/2018:   $80,555
8/1/2018:   $85,858
9/1/2018:   $90,137
10/1/2018: $93,806
11/1/2018: $89,537
12/1/2018: $92,795
1/1/2019:   $88,534
2/1/2019:   $96,439

Put about $2100 into savings, and the rest is from the market.  There's a chance that my tax refund and a cooperative stock market could put me over this month...we'll see!
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on February 01, 2019, 07:32:00 AM
Hello everyone. I just graduated into this thread from the saving to 10K. Going to be a slow but hopefully stead climb up through this thread as well. Here were my number from the last thread.


2018
1/31 : (5949.05)
2/28 : (5288.30)
3/31 : (4273.93)
4/30 : (2592.07)
5/31 : (629.70)
6/30 : 1,206.77
7/31 : 2,703.97
8/31: 5,651.70
9/31: 8,039.01
10/31: 7,803.49
11/30: 9,531.28
12/31: 9,296.79


2019
1/31/19: 13,493.35
Title: Re: Race from 10 to 100k!!
Post by: peppermint on February 01, 2019, 08:56:42 AM
01/2018: $40796.81
02/2018: $41337.51
03/2018: $42682.42
04/2018: $46138.41
05/2018: $48761.77
06/2018: $51084.06
07/2018: $56155.54
08/2018: $55622.63
09/2018: $62036.49
10/2018: $64543.48
11/2018: $63002.61
12/2018: $65136.29
01/2019: $64776.35
02/2019: $69347.10

Just keep swimming
Title: Re: Race from 10 to 100k!!
Post by: grantmeaname on February 01, 2019, 10:10:41 AM
We were at $80k until I went and paid the rent last night. Hopefully graduation day is pretty close now - my bonus gets paid this month, which should help.
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on February 01, 2019, 10:35:24 AM
2018
Jan1 - 63.8k
Feb1 - 64.0k (+200)
Mar 1 - 65.0k (+1000)
Apr 1 - 65.4k (+400)
May 1 - 67.5k (+2100)
June 1 - 69.5k (+2000)
July 1 - 72.3k (+2800)
Aug 1 - 74.0k (+1700)
Sept 1 - 76.7k (+2700)
Oct 1 - 79.6k (+2900)
Nov 1 - 79.5k (-100)
Dec 1 - 81.8k (+2300)
2019
Jan 1 - 82.5k (+700)
Feb 1 - 86.6k (+4100)

Mostly the market rebound, but on track for a good 2019
Title: Re: Race from 10 to 100k!!
Post by: Trifle on February 01, 2019, 11:10:56 AM
Hello everyone. I just graduated into this thread from the saving to 10K. Going to be a slow but hopefully steady climb up through this thread as well.

Welcome @bcbaseballman!   Lots of slow-and-steady folks here.  :)
Title: Re: Race from 10 to 100k!!
Post by: zee dot on February 01, 2019, 01:59:21 PM
9/2017 (168,529.23)
10/2017 (156,730.67)
12/2017 (155, 778.96)
1/2018 (146,335.62)
2/2018 (146,208.20)
3/2018 (90,769.56) annual bonus
4/2018 (83,753.06)
6/2018 (73,857.57)
9/2018 (61,215.95)
10/2018 (51,434.89)
12/2018 $90,683.73 (sold a house)
01/2019 $96,400.22
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on February 02, 2019, 11:59:33 AM


I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big, and I just started it in July. My checking account is also not included as it has money I will likely spend this month. Money in retirement accounts that is not vested is also not included. Part of the big jump in between April and August is that part of my 401K vested 20%.  My savings rate will probably be higher next year, as I am looking for a new job in a lower cost of living area, or if I keep my current job, the 401k match goes up to 6% for 4.5%.

Net worth:
Dec2017:$7800
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658
Nov2018: $23,948 (+$290)
Dec2018: $23,960 (+12)

Jan2019: $27,100 (+3140)
Most of the gains are due to the fact that my 401K went from 20% vested to 100% vested. There might be another small jump next month when my HSA gets all its paperwork together, but this will be the last big jump for a while. Slow and steady it is. Goal for 2019 is to make it to $45K.
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on February 02, 2019, 02:14:30 PM

Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

June ended around 36,000 (estimate, was too busy to exactly keep track). July ends with my NW up to $38,676.

Happy with my progress, though I've been spendier than I should.  On a plus side, it looks like I'll be taking a new job which should see a ~20% bump in pay, plus a nice sign on bonus. So my NW should begin to grow more quickly! Ohh and my commute will be dropping from 42 miles down to 2.5 miles! As a result I'll be saving a ton on gas and wear and tear on my car.

9/29/17 - $11,511 (First post in thread)
6/30/18 - $36,000
7/31/18 - $38,676
8/31/18 - $40,277
9/30/18 - $50,572
10/31/18 - $46,085
11/30/18 - $48,956
12/31/18 - $46,003
1/31/19 - $53,028



January Notes


That's more like it! With the holidays over I was able to avoid major expenses, though I did pay close to $900 in medical bills for DD, otherwise the month would have been even stronger.
Title: Re: Race from 10 to 100k!!
Post by: repman on February 04, 2019, 01:06:22 AM
The datasheet has exploded with all the new members! Welcome to all the new participants. Somebody has changed the charts startingpoint to 1/1/2017 because of clarity reasons, that's fine.

Don't forget to enter data into the column on the right side of the spreadsheet! Not into the first column!
https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?pref=2&pli=1#gid=0
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on February 04, 2019, 05:44:13 AM
Tracking net worth.

EOY 12.2017 - £4,360
EOY 12.2018 - £40,620
01.2019 - £42,662 (+2,042)
02.2019 - £43,796 (+£1,134)

Assets = £52,649
Student loans = (£8,853)
Title: Re: Race from 10 to 100k!!
Post by: zee dot on February 04, 2019, 12:28:54 PM
I went to add my name to the spreadsheet and it's already on there.
This community is amazing.
:) 
Title: Re: Race from 10 to 100k!!
Post by: dutty on February 04, 2019, 05:11:41 PM
Quote
12/15 -£2,610  
12/16  £5,250   (+£7,860 ~ +301%)
12/17  £10,810 (+£5,560 ~ +106%)
12/18  £68,620 (+£57,810 ~ +634%)
01/19  £68,210 (-£410 ~ -1% )


Title: Re: Race from 10 to 100k!!
Post by: politenessman on February 04, 2019, 05:53:02 PM
Jan   $ 51,828
Feb   $ 55,756
Mar   $ 55,824
Apr   $ 56,284
May   $ 60,386
Jun   $ 64,243
Jul   $ 66,521
Aug   $ 81,356
Sep  $ 88,159
Oct   $ 92.125
Nov  $ 86,143
Dec  $ 75,941
Well shit!
I Was hoping to hit $100k at the end of 2018 but no such luck.
Glad things have been picking up lately though. January closed at $ 88,606

Technically I have about $104k but that includes cash invested in a savings account, jointly with my wife, so I figure I'll just count my investments. Adding the savings in feels like cheating.

Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on February 05, 2019, 04:03:14 PM
By that standard, my numbers are way off. While I don't include them in my FI progress, I do include cash and home equity in net worth calculation for this thread.

Thats ok too, it's all about tracking whatever works best for you to track.  I track my invested NW as well as my emergency fund which grows slightly as my assets do. 
Title: Re: Race from 10 to 100k!!
Post by: M5 on February 06, 2019, 12:34:23 PM
4/13/18: $14,324.67
12/27/18: $20,377.45
2/6/19: $27,927.20
Title: Re: Race from 10 to 100k!!
Post by: jojoguy on February 09, 2019, 10:56:25 AM
October 7, 2018 = $600
October 18, 2018 = $2500
November 1, 2018 = $5,995
November 15, 2018 = $9,273
November 29, 2018 = $11,340
December 13, 2018 = $13,155
December 25, 2018 = $15,396
January 26, 2019 = $78,191 (Added our 401Ks into the mix)
February 9, 2019 = $80,723.72(Subtracted all non-investments(cash, etc. to simplify our savings/investments)
Title: Re: Race from 10 to 100k!!
Post by: twistedfirestarter on February 12, 2019, 06:38:55 AM
£24,041 Apr '17
£26,105 May '17
£28,229 Jun '17
£31,961 Jul '17
£34,902 Aug '17
£37,596 Sep '17
£41,756 Oct '17
£45,885 Nov '17
£49,200 Dec '17
£53,000 Jan '18
£55,765 Feb '18
£58,840 Mar '18
£61,802 Apr '18
£66,336 May '18
£70,866 Jun '18
£74,169 Jul '18
£78,963 Aug '18
£82,615 Sep '18
£79,540 Oct '18
£84,005 Nov '18
£87,300 Dec '18
£88,150 Jan '19

£90,813 Feb '19

Having a play with graphical representations of this data, red line shows return from market
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on February 13, 2019, 11:14:42 AM
Aug 15: 5327 (found MMM)
Jan 16: 12700
Jan 17: 31444
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Apr 18: 75766
May 18: 77414
Jun 18: 81980
Jul 18: 82825
Aug 18: 82665
Sep 18: 84098
Oct 18: 85029
Nov 18: 85620
Dec 18: 88171
Jan 18: 88673
Feb 18: 90575

90s baby!!!
ETA: just looked twice and holy crap, 16k in one year. On 41k take home pay in 2018 and a rather turbulent market, I'm quite happy at that! The perfectionist in me says that other people are pulling better numbers, but then again, the perfectionist in me is rather a twatwaffle. I'm gonna pat myself on the back for staying the course and not doing so much stupid shit with money.
Title: Re: Race from 10 to 100k!!
Post by: Svoboda on February 13, 2019, 02:08:58 PM
Dec 17: 37,449 (Found MMM)
Jan 18: 40,439
Feb 18: 42,796
Mar 18: 44,219
Apr 18: 42,188
May 18: 46,097
June 18: 49,516
July 18: 53,589
Aug 18: 57,668
Sep 18: 62,740
Oct 18: 64,747
Nov 18: 58,921
Dec 18: 61,964
Jan 19: 63,810
Feb 19: 69,053
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on February 13, 2019, 09:51:39 PM
Aug 15: 5327 (found MMM)
Jan 16: 12700
Jan 17: 31444
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Apr 18: 75766
May 18: 77414
Jun 18: 81980
Jul 18: 82825
Aug 18: 82665
Sep 18: 84098
Oct 18: 85029
Nov 18: 85620
Dec 18: 88171
Jan 18: 88673
Feb 18: 90575

90s baby!!!
ETA: just looked twice and holy crap, 16k in one year. On 41k take home pay in 2018 and a rather turbulent market, I'm quite happy at that! The perfectionist in me says that other people are pulling better numbers, but then again, the perfectionist in me is rather a twatwaffle. I'm gonna pat myself on the back for staying the course and not doing so much stupid shit with money.

Nice, what a close race!  I just hit 88k, mostly just the market rebound propping up my NW over the last month.  Can't wait till next month when i start getting paychecks again. 
Title: Re: Race from 10 to 100k!!
Post by: jojoguy on February 14, 2019, 05:05:36 AM
October 7, 2018 = $600
October 18, 2018 = $2500
November 1, 2018 = $5,995
November 15, 2018 = $9,273
November 29, 2018 = $11,340
December 13, 2018 = $13,155
December 25, 2018 = $15,396
January 26, 2019 = $78,191 (Added our 401Ks into the mix)
February 9, 2019 = $80,723.72
February 14, 2019 = $81,500.07


Updated earlier because something else changes this week. We are bumping our 401K contribution up to 50% every paycheck. So, bi-weekly our contribution will be right at around $1950 added from our gross pay(including 6% match). March through early April will hopefully be a time of much overtime. Can`t wait to hit that 100K!
Title: Re: Race from 10 to 100k!!
Post by: Evasion on February 14, 2019, 11:19:47 PM
20 Dec 18 - 37,800
16 Jan 18 - 39,900
1 Feb 18 - 41,500
15 Feb 18 - 43,362

Not too bad, onwards and upwards!
Market helping;)
Title: Re: Race from 10 to 100k!!
Post by: lexde on February 15, 2019, 07:34:38 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18

2/15/2019: $43,365.46

I forgot to update last paycheck again. Paid off another loan, so the only debt I have left is $3K at 0%. Looking at purchasing a duplex now, offer is pending, so that may mess with my NW a bit while I make repairs etc. But I also got a 5-ish percent raise at work, so all in all everything's pretty good.
Title: Re: Race from 10 to 100k!!
Post by: ItsALongStory on February 15, 2019, 07:35:34 AM
Great strides, Lexde. Congrats

Sent from my Pixel 2 XL using Tapatalk

Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on February 16, 2019, 10:16:20 AM
Mid-February Update

8/31/18: $12,784
9/17/18: $14,547
9/28/18: $$22,476
10/15/18: $24,956
10/31/18: $27,980
11/15/18: $30,081
11/30/18: $36,219
12/31/18: $36,235
1/15/19: $44,961
1/31/19: $52,928
2/16/19: $57,672 (+4744)

Was excited to see that we've almost crossed the 100k in invested assets threshold. We are still paying off student loans which is why our NW is not quite that high but we anticipate crossing the 100k in invested assets in the next couple of months, with us hitting a NW of 100k+ sometime later this year (pending markets of course). It's always good to take a step out of the grind to see that progress is actually being made regardless of how slow it feels day-to-day or week-to-week.
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on February 16, 2019, 11:46:46 AM
@lexde you've been making some impressive jumps! Good luck with the house-buying.
Title: Re: Race from 10 to 100k!!
Post by: lexde on February 16, 2019, 10:22:14 PM
@lexde you've been making some impressive jumps! Good luck with the house-buying.
Thanks! I appreciate it. :-)
Title: Re: Race from 10 to 100k!!
Post by: catorbe on February 17, 2019, 10:52:39 PM
I broke over $10,000 on 9/9/2018. I'm up to $25k as of 2/17/2019. Couple items to note, rolled over a pension sum of almost $3k in November 18 due to changing jobs. Also received final employer match to my 401k in January 19 of about $1,600. Lastly I received $500 in an HSA contribution from my new employer. I offset my car's loan with the value of the car, and it was previously overstated by about 2k so I adjusted that value to be more in balance with the amount of the loan. My plan is to fully depreciate the value of the car as the loan is paid down. At the end it will have no value/effect on my  net worth calculations.

All said, I'm increasing my NW by about 2k a month based on those figures and would hit 100k in about 37 months putting it out to about March 2022. I believe with an upcoming raise, bonus, and other small windfalls that come and go, I'm looking at a goal of December 31st 2021 to hit 100k. Current salary is 49k.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on February 18, 2019, 03:56:38 AM
I broke over $10,000 on 9/9/2018. I'm up to $25k as of 2/17/2019. Couple items to note, rolled over a pension sum of almost $3k in November 18 due to changing jobs. Also received final employer match to my 401k in January 19 of about $1,600. Lastly I received $500 in an HSA contribution from my new employer. I offset my car's loan with the value of the car, and it was previously overstated by about 2k so I just switched that to be more of a balance. My plan is to fully depreciate the value as the loan is paid down.

All said, I'm increasing my NW by about 2k a month based on those figures and would hit 100k in about 37 months putting it out to about March 2022. I believe with an upcoming raise, bonus, and other small windfalls that come and go, I'm looking at a goal of December 31st 2021 to hit 100k. Current salary is 49k.

Nice job!  That's an impressive savings rate.  Go you!
Title: Re: Race from 10 to 100k!!
Post by: jps on February 19, 2019, 06:59:53 AM
Thought I would introduce myself to the challenge, thanks to a tip from @JCGreen .

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

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

Hope to be able to make some serious headway here and reach this goal by 12/2020!
Title: Re: Race from 10 to 100k!!
Post by: shinn497 on February 19, 2019, 10:43:41 PM
Yay I can finally post here!

My NW has been over 10k for some time now. However that is including my emergency fund and some other funds I plan on liquidating.

For this I am counting 10k in my retirement accounts. This is not tax sheltered only but accounts I plan to draw from in a sustainable fashion eventually.

For now this is 3 accounts

Betterment Taxable

Betterment Roth IRA

and Fidelity Roth 401(k)

And my starting balance is ...dum  dum dum

$10073 !


EDIT: $10450 woop woop

I'm getting ~290 to my roth 401(k) soon. And I will update at the end of the month. Hoping to hit 100k in 2.5 years! Lez do dis!
Title: Re: Race from 10 to 100k!!
Post by: Manchester on February 22, 2019, 06:09:19 AM
Had a good/strange month really. 

Went on a short holiday.  Spent quite a bit more than I'd have liked etc, but still managed to finish the month +£1,956 which brings my total NET worth to £15,223.29.

Think the market bouncing back has helped, along with a bonus from work.  If I keep this rate up I'll be on around £20k by the summer, which seems absolutely crazy to me.
Title: Re: Race from 10 to 100k!!
Post by: philli14 on February 22, 2019, 09:39:06 AM
I realize I've been updating the google doc well, but not so much in here..  Latest update:

1/10/18: 53,071
1/11/18: 56,223 (+3152)
1/12/18: 60,605 (+4382)
1/01/19: 67,786 (+7181)
1/02/19: 75,133 (+7347)

Progressing at a steady clip. Been benefitting from some Gauntlet challenges this year, and heavily changed my pre-tax deductions, while working to maximize post-tax savings. Not sure how sustainable this growth is, but the numbers are nice to see.
Title: Re: Race from 10 to 100k!!
Post by: jojoguy on February 22, 2019, 06:02:19 PM
October 7, 2018 = $600
October 18, 2018 = $2500
November 1, 2018 = $5,995
November 15, 2018 = $9,273
November 29, 2018 = $11,340
December 13, 2018 = $13,155
December 25, 2018 = $15,396
January 26, 2019 = $78,191 (Added our 401Ks into the mix)
February 9, 2019 = $80,723.72
February 14, 2019 = $81,500.07
February 22, 2019 = $84,426.22 (Our first paychecks contributing 50% towards our 401Ks. Company does 6% match)
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on February 26, 2019, 04:12:28 AM
February numbers are in!

Dec 2017 €14.300
June 2018 €23.300 (+9k over 6 months)
July 2018 €24.400 (+1.100)
Aug 2018 €25.700 (+1.300)
Sept 2018 €26.100 (+400)
Oct 2018 €26.100 (+0)
Nov 2018 €29.100 (+3.000!!)
Dec 2018 €35.600 (+6.500)
Jan 2019 €39.000 (+3.400)
Feb 2019 €40.700 (+1.700)

About 750 of that is due to the stock market so my expenses have actually been higher than they were supposed to be. Still an excellent month though! Crazy stretch goal is to reach €50k by May/June.
Title: Re: Race from 10 to 100k!!
Post by: UnexpectedExpenseExpector on February 26, 2019, 01:21:41 PM
Forgot to post updates for December 2018 and January 2019... and here it is almost March!

So here is my belated update:

2014 Jan: (129,703.05)
2015 Jan: (115,355.51)
2016 Jan: (82,545.00)
2017 Jan: 2,693.77

2018
Jan: 48,429.84
Feb: 39,863.96 (Acquired new to us mini-van at low end of our price range and at low end of mileage for vehicles in our price range)
Mar: 44,139.97
Apr: 44,650.91 
May: 48,082.98 (Awesome month for the networth despite getting to pay rent on two places and waiting on the return of one security deposit. Thank you Mr. Market!)
June: 52,774.50  (Cue up the Bon Jovi!)
July: 56,756.98 (Welcome Baby #3)
August: 63,139.77
September: 63,038.31 (Welcome Baby #3 medical bills)
October: 67,516.75
November: 73,833.11 (Blew right past the Dec 2018 goal!!!)
December: 68,091.28 (Was pretty happy that despite the market pullback we still stayed above the original 2018 goal)
...
2018 Dec: 68,000 76,000 (GOAL)


2019
January: 79,517.63
...
2019 Jul: 100,000 (GOAL)

I also updated the spreadsheet. 

Title: Re: Race from 10 to 100k!!
Post by: ItsALongStory on February 26, 2019, 09:27:24 PM


I'm not expecting to continue growing at the current pace, but it is conceivable that we will reach $100k in 2019.

Maybe not expecting but let's all keep our fingers crossed that it continues.

Sent from my Pixel 2 XL using Tapatalk

Title: Re: Race from 10 to 100k!!
Post by: Cezil on February 27, 2019, 07:07:21 AM
Dec-2016: $32,870.70
Dec-2017: $58,271.55   (+ 25,400.85)
Dec-2018: $72,493.16   (+ 14,221.61)

The market drop helped me buy more shares at a cheaper price at the end of the year.  While my net worth isn’t where I thought it would be (ended November over $75K), the lower number now means I’ll grow greater later (ideally).  [Will this year be the year I reach 100K?  I hope so!]

Jan-2019:   $ 81,866.77  (+ 9,373.61)

Markets not only went back up, but I received my annual interest + contribution into my pension, also received my 401k match, and lastly got my bonus which almost doubled what automatically went into my 401k on that paycheck (first world problem - I need to re-do the math on what my contributions should be for the rest of the year, oops.)  My HSA also received a small lump sum from the company on top my my regular contributions.  That's the best single month jump I have ever had; likely to not be repeated this year, but it's only a guess.

Unless markets tank, I think I will cross the 100k threshold this year.  The thought makes my heart flutter.
Title: Re: Race from 10 to 100k!!
Post by: jojoguy on February 27, 2019, 07:35:05 AM
Dec-2016: $32,870.70
Dec-2017: $58,271.55   (+ 25,400.85)
Dec-2018: $72,493.16   (+ 14,221.61)

The market drop helped me buy more shares at a cheaper price at the end of the year.  While my net worth isn’t where I thought it would be (ended November over $75K), the lower number now means I’ll grow greater later (ideally).  [Will this year be the year I reach 100K?  I hope so!]

Jan-2019:   $ 81,866.77  (+ 9,373.61)

Markets not only went back up, but I received my annual interest + contribution into my pension, also received my 401k match, and lastly got my bonus which almost doubled what automatically went into my 401k on that paycheck (first world problem - I need to re-do the math on what my contributions should be for the rest of the year, oops.)  My HSA also received a small lump sum from the company on top my my regular contributions.  That's the best single month jump I have ever had; likely to not be repeated this year, but it's only a guess.

Unless markets tank, I think I will cross the 100k threshold this year.  The thought makes my heart flutter.

Congrats! Keep on going, friend! You guys are so encouraging with your successes. We just got our tax return, and we're opening our IRA accounts with $2,000 each. We're hoping to break 100k by May or June.
Title: Re: Race from 10 to 100k!!
Post by: repman on February 27, 2019, 02:13:25 PM
Nov 2017     65.000€
Dez 2017     69.000€  a frugal month and a christmas paycheck !

Jan  2018     73100€
Feb  2018     74100€
Mar  2018     57300€  some expenses and bad investment decisions
Apr 2018      58800€
May 2018      62285€
June 2018     65500€
July 2018      71538€
Aug 2018      76500€
Sep 2018      78600€
Oct 2018      81500€
Nov 2018      83980€
Dez 2018      86500€

Jan 2019       90900€  some boni
Feb 2019       94200€
Mar 2019       99017€



Goal: 100.000€ in April 2019


Retire:
plan:      3\1\2025     24 x Living Expenses(year)
is:          now            7,9 x Living Expenses(year)


Don't forget to enter data into the column on the right side of the spreadsheet! Not into the first column!
https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?pref=2&pli=1#gid=0
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on February 27, 2019, 06:44:38 PM

I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big, and I just started it in July. My checking account is also not included as it has money I will likely spend this month.

Net worth:
Dec2017:$7800
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658
Nov2018: $23,948 (+$290)
Dec2018: $23,960 (+12)
Jan2019: $27,100 (+3140)

Goal for 2019 is to make it to $45K.
Feb2019:$29,443 (+2343)-A decent month for me!
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on February 28, 2019, 08:27:26 AM
February 2018 - $11,869
March 2018 - $14,175
April 2018 - $14,330
May 2018 - $14,592
August 2018 - $19,246
September 2018 - $20,031
October 2018 - $19,301
November 2018 - $20,523
December 2018 - $20,923
January 2019 - $21,742

February 2019 - $23,933

I can't complain this month!  Federal tax refund came in and the markets were good.  Can't wait to be 1/4 of the way there!  Next month, fingers crossed...
Title: Re: Race from 10 to 100k!!
Post by: philli14 on February 28, 2019, 09:05:14 AM
1/10/18: 53,071
1/11/18: 56,223 (+3152)
1/12/18: 60,605 (+4382)
1/01/19: 67,786 (+7181)
1/02/19: 75,133 (+7347)
1/03/19: 81,695 (+6562)

Favorable market continues, scary if it stays at this pace I could hit 100k by mid-year. My main goal was end of 2019 to hit 100k so I would be shocked if I didn't hit it, regardless of market shenanigans.
Title: Re: Race from 10 to 100k!!
Post by: Tass on February 28, 2019, 09:17:53 AM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k
Dec 18$22.4k
Jan 18$24.7k

Feb 19: $27.2k

Big jump forward this month largely due to a small cc bonus, a medium tax return, and a friendly market. I hit 20 days of my current spending funded forever. It feels good to have escaped the lower 20s! Projecting 30k by April if the market keeps cooperating.
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on February 28, 2019, 09:24:32 AM
End of February Update

8/31/18: $12,784
9/17/18: $14,547
9/28/18: $22,476
10/15/18: $24,956
10/31/18: $27,980
11/15/18: $30,081
11/30/18: $36,219
12/31/18: $36,235
1/15/19: $44,961
1/31/19: $52,928
2/16/19: $57,672
2/28/19: $61,806 (+ 4134)

Not much noteworthy for February. We have some larger purchases hitting next month as well as a small bonus expected so hoping it doesn't knock us off course by too much.
Title: Re: Race from 10 to 100k!!
Post by: grantmeaname on February 28, 2019, 05:44:11 PM
I’m in - I love this thread. We hit $50k last week and hope to double that by year end. Then I guess you will kick me out and I’ll have to go find a bigger sandbox to play in.

Much of it is denominated in GBP so our net worth in USD will depend on whether May or Trump more adeptly shits the bed in 2018. Early money on May but there’s a lot of year left...
Today is Bonus day! See you guys in the next thread :)
Title: Re: Race from 10 to 100k!!
Post by: Svoboda on February 28, 2019, 06:09:30 PM
Dec 17: 37,449 (Found MMM)
Jan 18: 40,439
Feb 18: 42,796
Mar 18: 44,219
Apr 18: 42,188
May 18: 46,097
Jun 18: 49,516
Jul 18: 53,589
Aug 18: 57,668
Sep 18: 62,740
Oct 18: 64,747
Nov 18: 58,921
Dec 18: 61,964
Jan 19: 63,810
Feb 19: 69,053
Mar 19: 73,770
Title: Re: Race from 10 to 100k!!
Post by: Old Ball Coach on February 28, 2019, 06:42:45 PM
This includes all our retirement and personal accounts for assets. It includes our credit cards, student loan, and mortgage for liabilities. It DOES NOT include our home value.

April 2018 - $52,917.42
May 2018  - $58,400.19
June 2018 - $59,686.34
July 2018  - $65,798.53
Aug 2018 - $72,231.70
Sept 2018 - $76,755.71
Oct 2018 -  $64,348.89
Nov 2018 - $70,839.76
Dec 2018 - $58,351.73
Jan 2019 - $78,256.31
Feb 2019 - $87,795.97

Another nice jump with the market increase and our consistent deposits into our retirement and savings accounts.
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on February 28, 2019, 10:22:07 PM
2018
Jan1 - 63.8k
Feb1 - 64.0k (+200)
Mar 1 - 65.0k (+1000)
Apr 1 -  65.4k (+400)
May 1 - 67.5k (+2100)
June 1 - 69.5k (+2000)
July 1 - 72.3k (+2800)
Aug 1 - 74.0k (+1700)
Sept 1 - 76.7k (+2700)
Oct 1 - 79.6k (+2900)
Nov 1 - 79.5k (-100)
Dec 1 - 81.8k (+2300)
2019
Jan 1 - 82.5k (+700)
Feb 1 - 86.6k (+4100)
Mar 1 - 89.7k (+3100)

So far a solid start to 2019
Title: Re: Race from 10 to 100k!!
Post by: ASW on March 01, 2019, 05:13:46 AM
1/1/2018:   $38,800
2/1/2018:   $49,800
3/1/2018:   $55,707
4/1/2018:   $64,352
5/1/2018:   $68,097
6/1/2018:   $72,976
7/1/2018:   $80,555
8/1/2018:   $85,858
9/1/2018:   $90,137
10/1/2018: $93,806
11/1/2018: $89,537
12/1/2018: $92,795
1/1/2019:   $88,534
2/1/2019:   $96,439
3/1/2019:   $107,387

Yayyy!  See you guys in the next thread!  Thanks for all the encouragement along the way!
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on March 01, 2019, 07:00:45 AM

Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

June ended around 36,000 (estimate, was too busy to exactly keep track). July ends with my NW up to $38,676.

Happy with my progress, though I've been spendier than I should.  On a plus side, it looks like I'll be taking a new job which should see a ~20% bump in pay, plus a nice sign on bonus. So my NW should begin to grow more quickly! Ohh and my commute will be dropping from 42 miles down to 2.5 miles! As a result I'll be saving a ton on gas and wear and tear on my car.

9/29/17 - $11,511 (First post in thread)
6/30/18 - $36,000
7/31/18 - $38,676
8/31/18 - $40,277
9/30/18 - $50,572
10/31/18 - $46,085
11/30/18 - $48,956
12/31/18 - $46,003
1/31/19 - $53,028
2/28/19 - $58,276



February Notes


Another solid month in the books. If I keep it up the pace and the market cooperates, $100K is in play this year!
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on March 01, 2019, 07:22:41 AM

2018
1/31 : (5949.05)
2/28 : (5288.30)
3/31 : (4273.93)
4/30 : (2592.07)
5/31 : (629.70)
6/30 : 1,206.77
7/31 : 2,703.97
8/31: 5,651.70
9/31: 8,039.01
10/31: 7,803.49
11/30: 9,531.28
12/31: 9,296.79

2019
1/31/19: 13,493.35

2/28/2019: 15,766.50

A good gain for this month. I need to start some spring cleaning and sell some of the items that I figured out we don't use over the last half year or so. Hopefully sell lots of that stuff this next month and it will all go straight toward my student loans.

 @ASW Congratulations on graduating this thread! you made some great progress!
Title: Re: Race from 10 to 100k!!
Post by: peppermint on March 01, 2019, 07:44:36 AM
01/2018: $40796.81
02/2018: $41337.51
03/2018: $42682.42
04/2018: $46138.41
05/2018: $48761.77
06/2018: $51084.06
07/2018: $56155.54
08/2018: $55622.63
09/2018: $62036.49
10/2018: $64543.48
11/2018: $63002.61
12/2018: $65136.29
01/2019: $64776.35
02/2019: $69347.10
03/2019: $71885.58
Title: Re: Race from 10 to 100k!!
Post by: lexde on March 01, 2019, 08:44:09 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46

3/1/2019: $44,391.15

March is a 3-paycheck month for me so I'm really looking forward to that NW boost!
Title: Re: Race from 10 to 100k!!
Post by: zygote on March 01, 2019, 08:48:37 AM
For context: I'm 29 in a HCOL city. I'm married, but these are my own numbers since we keep our finances separate. Includes cash, retirement, and credit cards, which are used for normal expenses and paid off in full every month.

3/18: $48,533.91
4/18: $53,215.13 (+4,681.22 - extra paycheck)
5/18: $55,433.65 (+2,218.52)
6/18: $57,041.95 (+1,572.27)
7/18: $59,753.49 (+2,711.54)
8/18: $63,816.19 (+4,062.70)
9/18: $70,101.27 (+6,285.08 - extra paycheck)
10/18: $73,538.91 (+3,437.64)
11/18: $69,595.61 (-3,943.30)
12/18: $73,126.64 (+3,531.03)
1/19: $69,733.94 (-2,712.15)
2/19: $78,918.09 (+9,184.15 - extra paycheck)
3/19: $83,762.93 (+4,844.84)
Title: Re: Race from 10 to 100k!!
Post by: catorbe on March 01, 2019, 08:51:13 AM

1/18/2019: $35,782.18
2/15/2019: $43,365.46

3/1/2019: $44,391.15

March is a 3-paycheck month for me so I'm really looking forward to that NW boost!

The difference here is quite a bit. It almost looks like you had a 3-paycheck month there! What's the cause for the big jump?
Title: Re: Race from 10 to 100k!!
Post by: lexde on March 01, 2019, 08:57:37 AM

1/18/2019: $35,782.18
2/15/2019: $43,365.46

3/1/2019: $44,391.15

March is a 3-paycheck month for me so I'm really looking forward to that NW boost!

The difference here is quite a bit. It almost looks like you had a 3-paycheck month there! What's the cause for the big jump?

I missed a paycheck entry, haha. This year I should have had entries for 1/4, 1/18, 2/1, and 2/15. I missed an entry, there should have been another incremental increase in there. Also tax return came back which bumped it quite a bit as well as two bank bonuses that hit my account. :-)
Title: Re: Race from 10 to 100k!!
Post by: repman on March 01, 2019, 10:43:33 AM
Nov 2017     65.000€
Dez 2017     69.000€  a frugal month and a christmas paycheck !

Jan  2018     73100€
Feb  2018     74100€
Mar  2018     57300€  some expenses and bad investment decisions
Apr 2018      58800€
May 2018      62285€
June 2018     65500€
July 2018      71538€
Aug 2018      76500€
Sep 2018      78600€
Oct 2018      81500€
Nov 2018      83980€
Dez 2018      86500€

Jan 2019       90900€  some boni
Feb 2019       94200€
Mar 2019       100317€  correction, some extra boni



Goal: 100.000€ in April 2019
  already done!

Retire:
plan:      3\1\2025     24 x Living Expenses(year)
is:          now            8,0 x Living Expenses(year)

I thank everyone for the motivation, it was an honour to participate together in the race and now for the next level 100k to 250k  :)


Don't forget to enter data into the column on the right side of the spreadsheet! Not into the first column!
https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?pref=2&pli=1#gid=0
Title: Re: Race from 10 to 100k!!
Post by: Mattrim on March 01, 2019, 12:55:48 PM
6/30: $5828.16
8/1:   $15412.83 (+$9586.67)
8/31: $19351.65 (+$3938.82)
9/31: $25450 (+$6099)
11/1: $29805 (+$4355)
12/3: $35490 (+$5685)
1/3:   $41338 (+$5848)
1/31: $50090 (+$8752)
3/1: $55312 (+$5222)

Goal December 2019: $100k
Title: Re: Race from 10 to 100k!!
Post by: M5 on March 01, 2019, 01:33:13 PM
4/13/18: $14,324.67
12/27/18: $20,377.45
2/6/19: $27,927.20
3/1/19: $33,596.07
Title: Re: Race from 10 to 100k!!
Post by: vertkurt on March 01, 2019, 06:10:23 PM

1/1= 14,705
2/1/18= 18,264
3/1/18= 21,225
4/1/18= 22,741
5/1/18= 26,020
6/1/18= 28,987
7/1/18= 31,457
8/1/18= 34,642
9/1/18= 37,413
10/1/18= 41,426
11/1/18= 37,475
12/1/18= 44,300
1/1/19= 46,862
2/1/19= 53,310
3/1/19 = 59,800
 
Got the last of the credit card paid off from the move across country. These last 2 months i'm really able to see the difference the 2x+ increase in salary makes now.
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on March 02, 2019, 08:22:53 AM
Tracking net worth.

EOY 12.2016 - (-£10,250)
EOY 12.2017 - £4,360
EOY 12.2018 - £40,620
01.2019 - £42,662 (+2,042)
02.2019 - £43,796 (+£1,134)
03.2019 - £44,582 (+786)

Assets = £53,044
Student loans = (£8,462)
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on March 02, 2019, 09:07:14 AM
Aug 15: 5327 (found MMM)
Jan 16: 12700
Jan 17: 31444
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Apr 18: 75766
May 18: 77414
Jun 18: 81980
Jul 18: 82825
Aug 18: 82665
Sep 18: 84098
Oct 18: 85029
Nov 18: 85620
Dec 18: 88171
Jan 18: 88673
Feb 18: 90575
Mar 18: 91673
Title: Re: Race from 10 to 100k!!
Post by: ItsALongStory on March 02, 2019, 01:34:38 PM
Aug 15: 5327 (found MMM)
Jan 16: 12700
Jan 17: 31444
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Apr 18: 75766
May 18: 77414
Jun 18: 81980
Jul 18: 82825
Aug 18: 82665
Sep 18: 84098
Oct 18: 85029
Nov 18: 85620
Dec 18: 88171
Jan 18: 88673
Feb 18: 90575
Mar 18: 91673

you're re-doing 2018? ;)
Title: Re: Race from 10 to 100k!!
Post by: catorbe on March 03, 2019, 12:19:39 AM
Aug 15: 5327 (found MMM)
Jan 16: 12700
Jan 17: 31444
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Apr 18: 75766
May 18: 77414
Jun 18: 81980
Jul 18: 82825
Aug 18: 82665
Sep 18: 84098
Oct 18: 85029
Nov 18: 85620
Dec 18: 88171
Jan 18: 88673
Feb 18: 90575
Mar 18: 91673

you're re-doing 2018? ;)

This way he/she can say they fired in less than 5 years!
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on March 03, 2019, 12:51:08 PM
Aug 15: 5327 (found MMM)
Jan 16: 12700
Jan 17: 31444
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Apr 18: 75766
May 18: 77414
Jun 18: 81980
Jul 18: 82825
Aug 18: 82665
Sep 18: 84098
Oct 18: 85029
Nov 18: 85620
Dec 18: 88171
Jan 18 19: 88673
Feb 18 19: 90575
Mar 18 19: 91673

you're re-doing 2018? ;)

This way he/she can say they fired in less than 5 years!

We don't need calenders where we're going! Incidentally, I've been 29 for like 3 years.
Title: Re: Race from 10 to 100k!!
Post by: dutty on March 03, 2019, 03:38:22 PM

Quote
12/15 -£2,610  
12/16  £5,250   (+£7,860 ~ +301%)
12/17  £10,810 (+£5,560 ~ +106%)
12/18  £68,620 (+£57,810 ~ +634%)
01/19  £68,210  (-£410 ~ -1%)
02/19  £64,060 (-£4,150 ~ -6% )

Bad start to the year but it was long due.
Title: Re: Race from 10 to 100k!!
Post by: Evasion on March 03, 2019, 09:26:51 PM
20 Dec 18 - 37,800
16 Jan 19 - 39,900
1 Feb 19 - 41,500
15 Feb 19 - 43,362
March 2019 - 45,496

I haven't been that good with savings but the markets keep helping and I guess good foundational habits too!
Very clearly on track for over 50k before my birthday in May, maybe 55k even.
Title: Re: Race from 10 to 100k!!
Post by: Bumbles8 on March 05, 2019, 03:23:51 PM
I don’t post much on this forum anymore, but I finally rolled 100k!

Rounded numbers:
401k - 55k
Roth - 20k
Other stocks - 5k
Cash - 25k

Funny enough, I didn’t think I was going to make it!  I quit my job 3 weeks ago in order to attempt a thru-hike of the Appalachian Trail.  I don’t start the hike for another 3 weeks but took some time off to get everything in order.

I’ve gotten a lot more cash heavy over the past 6 months to have a lot of cushion for the hike.  I’ll turn 25 while on trail, so I’m still young and plenty of time to continue working.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on March 06, 2019, 03:34:40 AM
I don’t post much on this forum anymore, but I finally rolled 100k!

Rounded numbers:
401k - 55k
Roth - 20k
Other stocks - 5k
Cash - 25k

Funny enough, I didn’t think I was going to make it!  I quit my job 3 weeks ago in order to attempt a thru-hike of the Appalachian Trail.  I don’t start the hike for another 3 weeks but took some time off to get everything in order.

I’ve gotten a lot more cash heavy over the past 6 months to have a lot of cushion for the hike.  I’ll turn 25 while on trail, so I’m still young and plenty of time to continue working.

Have a fantastic hike @Bumbles8
Title: Re: Race from 10 to 100k!!
Post by: Cezil on March 06, 2019, 05:15:00 AM
Congrats! Keep on going, friend! You guys are so encouraging with your successes. We just got our tax return, and we're opening our IRA accounts with $2,000 each. We're hoping to break 100k by May or June.

Thank you, and congrats yourself!  Looks like we'll both be graduating to the next thread around the same time, more or less!  Keep up the great work!

Dec-2016: $32,870.70
Dec-2017: $58,271.55   (+ 25,400.85)
Dec-2018: $72,493.16   (+ 14,221.61)

Jan-2019:   $ 81,866.77  (+ 9,373.61)

Feb-2019:   $87,222.31 (+ 5,355.54)
Title: Re: Race from 10 to 100k!!
Post by: philli14 on March 06, 2019, 10:06:08 AM
1/10/18: 53,071
1/11/18: 56,223 (+3152)
1/12/18: 60,605 (+4382)
1/01/19: 67,786 (+7181)
1/02/19: 75,133 (+7347)
1/03/19: 81,695 (+6562)

Favorable market continues, scary if it stays at this pace I could hit 100k by mid-year. My main goal was end of 2019 to hit 100k so I would be shocked if I didn't hit it, regardless of market shenanigans.

Folks, I'm giving myself a little setback to these numbers. I have been including my car value (10k) in these figures, but after reading MMM's later blog entry on NW calculation, I am going to omit it in my calculations moving forwards. My goal is now back to 100k by end of 2019.

1/10/18: 43,071
1/11/18: 46,223 (+3152)
1/12/18: 50,605 (+4382)
1/01/19: 57,786 (+7181)
1/02/19: 65,133 (+7347)
1/03/19: 71,695 (+6562)
Title: Re: Race from 10 to 100k!!
Post by: Wiggle on March 06, 2019, 10:23:04 AM
Either way you're climbing so fast that difference won't matter much :)
Title: Re: Race from 10 to 100k!!
Post by: jojoguy on March 08, 2019, 02:10:39 AM
October 7, 2018 = $600
October 18, 2018 = $2500
November 1, 2018 = $5,995
November 15, 2018 = $9,273
November 29, 2018 = $11,340
December 13, 2018 = $13,155
December 25, 2018 = $15,396
January 26, 2019 = $78,191 (Added our 401Ks into the mix)
February 9, 2019 = $80,723.72
February 14, 2019 = $81,500.07
February 22, 2019 = $84,426.22
March 8, 2019 = 91581.06 Whoohoo! 100k is getting closer and closer.
Title: Re: Race from 10 to 100k!!
Post by: Serendip on March 11, 2019, 07:34:28 PM
Dec '17    18,146
Jan '18     23,607
Feb '18     27,000
Mar '18     29,008
Apr '18     30,100
May '18    35,030
June '18   36,700
July '18    39,000
Aug '18    40,150
Sept '18   42,500
Oct '18     43,300
Nov '18    44,500
Dec '18     48,380
Jan '19     51,210
Feb '19     53,000

Have been on the road/travelling/no computer for most of Feb and now into March so I didn't do an end of month update for Feb..might not climb much in the next 2 weeks of March. I've been spending too much but thankfully haven't slid back anything yet..happy to be back home and get back into a regular routine.

It's been fun but somehow unsettling :)
Title: Re: Race from 10 to 100k!!
Post by: adamsputnik on March 13, 2019, 04:28:03 PM
1/18/18 - 18,350.00
3/15/18 - 20,267.70
5/17/18 - 19,930.00
8/31/18 - 25,908.00
9/21/18 - 28,115.00
11/30/18 - 29,835.00
12/14/18 - 30,879.00
12/31/18 - 30,072.00
1/15/19 - 32,774.00
1/31/19 - 34,776.00
3/13/19 - 36,967.00

A couple of big expenditures recently took a bit of a chunk out of savings, but that's what savings are for I suppose. On the upside, I'll finally pay off the remaining balance of my student loans next month, so that should give me a nice boost financially and psychologically.

Updated to reflect unaccounted-for savings.
Title: Re: Race from 10 to 100k!!
Post by: fluffmuffin on March 14, 2019, 08:01:47 AM
Hello all, joining this challenge after a bit of a layoff from the forums. I've been stuck right around the $90k NW threshold since August 2018, and I really want to push through into the six-figure club. This will be complicated by a couple of items: I'm getting married in June; we're going on a bucket-list international honeymoon; and I recently found out that I need a medical procedure that will likely take me up to the out-of-pocket max on my insurance, which is $5,500. In the "pro" column is an upcoming $4k refund, which I'm hoping will give me some forward momentum. (Or cancel out the medical expenses, whichever...)

We plan to buy a house in the next calendar year-ish, which will also mean a hit to the NW. I'm also a Poor by the standards of this forum--I make a hair over $50k (the most money I've ever made in my life!) and our HHI is around $93k. But damn it, I want to get to $100k! So here we are:

March 2019: 91,383.01
Title: Re: Race from 10 to 100k!!
Post by: Cezil on March 14, 2019, 09:41:58 AM
Welcome!  We are similar!

I recently found out that I need a medical procedure that will likely take me up to the out-of-pocket max on my insurance, which is $5,500.

I had an unexpected $5,500 for my OOP max last year - still paying it off (0% interest).

I make a hair over $50k (the most money I've ever made in my life!)

Including my bonus, I'm just a hair under $50k myself for this year.  We can do this!!!
Title: Re: Race from 10 to 100k!!
Post by: Tass on March 14, 2019, 12:50:59 PM
Good to see you, fluffmuffin! Welcome to the race for 6 figures.
Title: Re: Race from 10 to 100k!!
Post by: Lamancha on March 14, 2019, 07:59:40 PM
Hey guys.  I would like to join.  I was in the Race from 100-250k, but bought a business last October and used almost my whole net worth as a down payment.  Risky?  Heck yes!  Stupid?  Maybe!  We will see if it pays off.

March 2018- $113,000
April 2018- $117,000
May 2018- $122,000
June 2018- $124,900
July 2018- $131,400
Aug 2018 $137,500
Sept 2018- $142,000
Oct 2018- $145,500

Nov 2018- $23,000
Dec 2018- $26,000
Jan 2019- $29,000
Feb 2019- $36,000
March 2019- $40,000
Title: Re: Race from 10 to 100k!!
Post by: lexde on March 15, 2019, 04:23:08 AM

3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46
3/1/2019: $44,391.15

3/15/2019: $45,689.39

It’s been exactly one year since I first posted on this thread! With a gain of
$32,762.45 in net worth over that year. Now, I’m almost halfway to $100K! Looks like I might get there by this time next year if things continue on like this (as I have been strategic and increased my salary by $20K in the last year, which happened in the last few months, and should show more over the course of next year).
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on March 16, 2019, 07:55:22 AM

It’s been exactly one year since I first posted on this thread! With a gain of
$32,762.45 in net worth over that year. Now, I’m almost halfway to $100K! Looks like I might get there by this time next year if things continue on like this (as I have been strategic and increased my salary by $20K in the last year, which happened in the last few months, and should show more over the course of next year).

What an awesome accomplishment, lexde! You're KILLIN IT. Keep up the awesome work!
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on March 16, 2019, 07:58:04 AM
8/31/18: $12,784
9/17/18: $14,547
9/28/18: $22,476
10/15/18: $24,956
10/31/18: $27,980
11/15/18: $30,081
11/30/18: $36,219
12/31/18: $36,235
1/15/19: $44,961
1/31/19: $52,928
2/16/19: $57,672
2/28/19: $61,806
3/16/19: $ 64,611 (+2805)

Not as much of an uptick since we had to pay for some larger purchases. But it's bonus season so we're hoping to make up for it over the next 3-4 paychecks. If things go somewhat to plan, we will be able to eradicate the student loan and our NW will hit the 100k mark in just a few months!

Just keep swimming...
Title: Re: Race from 10 to 100k!!
Post by: lexde on March 16, 2019, 08:59:17 AM
@zeli2033 — great progress! You’ll be out of here in no time!
Title: Re: Race from 10 to 100k!!
Post by: Evasion on March 17, 2019, 05:14:55 AM
20 Dec 18 - 37,800
16 Jan 19 - 39,900
1 Feb 19 - 41,500
15 Feb 19 - 43,362
March 2019 - 45,496
Mid March 2019 - 45,815

No progress this fortnight but I paid a big tax bill, so it feels good.
Low on cash, need to save liquid for a while.
Title: Re: Race from 10 to 100k!!
Post by: Alf91 on March 17, 2019, 06:58:44 PM
Wooohooooo

Last month I was at 99,000

Just checked and I have made it! 102,000

Yaaaaayyyy!!!!!!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on March 18, 2019, 07:13:37 AM
Wooohooooo

Last month I was at 99,000

Just checked and I have made it! 102,000

Yaaaaayyyy!!!!!!

Congratulations @Alf91!  Way to go!!
Title: Re: Race from 10 to 100k!!
Post by: catorbe on March 20, 2019, 03:27:39 PM
I broke over $10,000 on 9/9/2018. I'm up to $25k as of 2/17/2019.
I'm increasing my NW by about 2k a month based on those figures and would hit 100k in about 37 months putting it out to about March 2022. I believe with an upcoming raise, bonus, and other small windfalls that come and go, I'm looking at a goal of December 31st 2021 to hit 100k. Current salary is 49k.

3/20/19: $26,600. Lots of changes: Trip to Chicago complete. Bonus received. Salary bumped to over 50k!!!! We're moving to a townhouse from an apartment. This will affect my savings rate slightly, but we will remain resident property managers and continue to receive a discount on rent. Overall the changes are positive.

Now to await the final March paycheck and get back into the groove of things in the new place.
Title: Re: Race from 10 to 100k!!
Post by: UnexpectedExpenseExpector on March 20, 2019, 04:26:10 PM
Here's the March update:

2014 Jan: (129,703.05)
2015 Jan: (115,355.51)
2016 Jan: (82,545.00)
2017 Jan: 2,693.77

2018
Jan: 48,429.84
Feb: 39,863.96 (Acquired new to us mini-van at low end of our price range and at low end of mileage for vehicles in our price range)
Mar: 44,139.97
Apr: 44,650.91 
May: 48,082.98 (Awesome month for the networth despite getting to pay rent on two places and waiting on the return of one security deposit. Thank you Mr. Market!)
June: 52,774.50  (Cue up the Bon Jovi!)
July: 56,756.98 (Welcome Baby #3)
August: 63,139.77
September: 63,038.31 (Welcome Baby #3 medical bills)
October: 67,516.75
November: 73,833.11 (Blew right past the Dec 2018 goal!!!)
December: 68,091.28 (Was pretty happy that despite the market pullback we still stayed above the original 2018 goal)

2019
January: 79,517.63
February: 87,532.51
...
2019 Jul: 100,000 (GOAL)

It's getting so close!  I also updated the spreadsheet. 
Title: Re: Race from 10 to 100k!!
Post by: fluffmuffin on March 22, 2019, 08:03:32 AM
March 14, 2019: 91,383.01

March 22, 2019: 96,571.66

Got the refund! I do need to pay rent for April so it's really $95,491, but at least for the next week I get to be in the 96es :) I'm only planning to do progress updates once a month, but the refund is a big jump so I wanted to go ahead and get it in there.
Title: Re: Race from 10 to 100k!!
Post by: jojoguy on March 24, 2019, 03:21:30 AM
October 7, 2018 = $600
October 18, 2018 = $2500
November 1, 2018 = $5,995
November 15, 2018 = $9,273
November 29, 2018 = $11,340
December 13, 2018 = $13,155
December 25, 2018 = $15,396
January 26, 2019 = $78,191 (Added our 401Ks into the mix)
February 9, 2019 = $80,723.72
February 14, 2019 = $81,500.07
February 22, 2019 = $84,426.22
March 8, 2019 = 91581.06
March 24, 2019 = 96640.33 (Was about to go over 97K but the markets tanked on Friday. Still, not much farther.)

Oh, crap! I just realized that we have saved over $18,000 in two months! Oh, man this is crazy.
Title: Re: Race from 10 to 100k!!
Post by: paulkots on March 25, 2019, 12:16:32 PM

11/26/17: $47,707.48
06/22/18: $72,953.75
07/27/18: $71,676.31
08/23/18: $65,034.83
10/04/17: $63,306.87
10/26/18: $64,270.98
11/27/18: $66,467.65
12/26/18: $66,160.59
01/28/18: $64,688.44

An unexpected month. First, had to buy a last minute airplane ticket to fly out to my uncles funeral. A few weeks later, booked airplane tickets to Costa Rica for a vacation, within a couple of days booked the hotels and rental car. Also did my last 2018 tax prepayment.

03/25/19: $63,325.75

Skipped a month. In the last 2 months, did my taxes, I was close on pre-payment but had to paid some more. Also, did the Costa Rica vacation and some work around the house. First 2019 tax pre-payment was sent out. Major expenses were Costa Rica vacation and the work I did on my GTI for a roadtrip to Montana.
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on March 26, 2019, 04:34:27 AM
New month new money:

Dec 2017 €14.300
June 2018 €23.300 (+9k over 6 months)
July 2018 €24.400 (+1.100)
Aug 2018 €25.700 (+1.300)
Sept 2018 €26.100 (+400)
Oct 2018 €26.100 (+0)
Nov 2018 €29.100 (+3.000!!)
Dec 2018 €35.600 (+6.500)
Jan 2019 €39.000 (+3.400)
Feb 2019 €40.700 (+1.700)
Mar 2019 €42.400 (+1.700)

Markets have been mostly flat but had a low spending month and better than average side hustle month :) Let them jumps continue like this and I'll reach 50k by summer.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on March 26, 2019, 09:31:02 AM
Hey Everyone,

Nice to see you all doing well and moving in the right direction.   Here is my latest update from 22/03/2019.


(http://i65.tinypic.com/wmiop.jpg)

It's + £1,480 for the month, which I'm very happy with.  My YTD number is around £4,884.


Over this period I also had to pay around £1,500 in work expenses which will be paid back to me tomorrow, so next month could be great.  Only downside is I've had work in my house which will be expensive.  It's nice to have work done and know my N/W is still growing though. 
Title: Re: Race from 10 to 100k!!
Post by: cassafrass on March 27, 2019, 09:09:16 AM
I'm jumping on this thread for some accountability and motivation.

My story: I'm married to a not-very-Mustachian-but-not-super-un-Mustachian-type and have two little kiddos (1 and 3). I recently finished up some long schooling/training in the sciences and finally have my first "real" job with a decent salary. Our savings has been mediocre in the past, mostly due to low salaries, living in a HCOL area, having kids and most significantly, TOO MANY EXCUSES. Now we're back in our very affordable hometown and I'm ready to start really focusing on building up our net worth. We still have some work to do on cutting expenses and increasing our savings rate, but we're making some solid progress. I'm hoping to hit 100k by this time in 2020. We'll see how it plays out!

This year so far:
Jan 2019: 49,400
Feb 2019: 52,900
Mar 2019: 55,500
Title: Re: Race from 10 to 100k!!
Post by: M5 on March 27, 2019, 11:07:02 AM
Welcome aboard @cassafrass !

Looks like you've made some nice progress so far this year, keep plugging away!
Title: Re: Race from 10 to 100k!!
Post by: Serendip on March 27, 2019, 08:05:43 PM
Dec '17    18,146
Jan '18     23,607
Feb '18     27,000
Mar '18     29,008
Apr '18     30,100
May '18    35,030
Jun '18     36,700
July '18    39,000
Aug '18    40,150
Sep '18    42,500
Oct '18     43,300
Nov '18    44,500
Dec '18    48,380
Jan '19     51,210
Feb '19     53,000
Mar '19     55,075

We are getting hit with a 10,000 strata bill for roof repair in the next month (not even for our roof!)--thankfully my SO & I will split ours but it's still a bit disappointing. Ah well, onwards & upwards :)
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on March 28, 2019, 06:45:15 AM
Tracking net worth.

EOY 12.2016 - (-£10,250)
EOY 12.2017 - £4,360
EOY 12.2018 - £40,620
01.2019 - £42,662 (+2,042)
02.2019 - £43,796 (+1,134)
03.2019 - £44,582 (+786)
04.2019 - £49,305 (+4,723)

Assets = £57,376
Student loans = (£8,071)

Very close to halfway!
Title: Re: Race from 10 to 100k!!
Post by: jojoguy on March 28, 2019, 04:30:49 PM
Dec '17    18,146
Jan '18     23,607
Feb '18     27,000
Mar '18     29,008
Apr '18     30,100
May '18    35,030
Jun '18     36,700
July '18    39,000
Aug '18    40,150
Sep '18    42,500
Oct '18     43,300
Nov '18    44,500
Dec '18    48,380
Jan '19     51,210
Feb '19     53,000
Mar '19     55,075

We are getting hit with a 10,000 strata bill for roof repair in the next month (not even for our roof!)--thankfully my SO & I will split ours but it's still a bit disappointing. Ah well, onwards & upwards :)

We have got to get our roof done real soon. We have a smaller house but it will still be at least several thousand dollars. Thank God, we have the money to get it done.
Title: Re: Race from 10 to 100k!!
Post by: M5 on March 28, 2019, 05:53:10 PM
We have got to get our roof done real soon. We have a smaller house but it will still be at least several thousand dollars. Thank God, we have the money to get it done.

If you've got a little bit of handyman ability and watch a few Youtube videos, you can do the roof yourself rather cheap. We re-roofed our rental last fall with about 14sq shingles, new decking, tool rental, and dumpster all for less than $3700. We were quoted around $7,000 to have a roofing company do it. It took us 5 1/2 solid days but we also had a few layers to tear off and some rotten fascia boards to repair before installing the new decking. If you just do an overlay I bet we could've done it in 2-3.

Note that we had never attempted roofing before this project either.
Title: Re: Race from 10 to 100k!!
Post by: Serendip on March 28, 2019, 10:43:24 PM

We have got to get our roof done real soon. We have a smaller house but it will still be at least several thousand dollars. Thank God, we have the money to get it done.

That's the thing, it's great for it to be an inconvenience rather than a major stress! Good luck with yours :)
Title: Re: Race from 10 to 100k!!
Post by: lexde on March 29, 2019, 07:38:34 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46
3/1/2019: $44,391.15
3/15/2019: $45,689.39

3/31/2019: $48,303.11

Looks like I'm going to hit the halfway mark at $50K next month! Exciting stuff!
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on March 29, 2019, 07:41:59 AM
8/31/18: $12,784
9/17/18: $14,547
9/28/18: $22,476
10/15/18: $24,956
10/31/18: $27,980
11/15/18: $30,081
11/30/18: $36,219
12/31/18: $36,235
1/15/19: $44,961
1/31/19: $52,928
2/16/19: $57,672
2/28/19: $61,806
3/16/19: $64,611
3/29/19: $72,482 (+7871)

Got bonus 1 of 3 today so we were able to put a significant chunk toward the student loan and we paid our 2018 taxes (first time owing, ouch). Student loan should be paid off end of next month and then we'll have no debt for the first time ever! Excited to be debt free and hit our 100k NW before our first baby makes their appearance this summer.
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on March 29, 2019, 07:44:15 AM
...
3/31/2019: $48,303.11

Looks like I'm going to hit the halfway mark at $50K next month! Exciting stuff!

Yay, very exciting stuff @lexde !!! I love that we must have a similar posting schedule for updating this thread. Then I get to get caught up on your progress and cheer you on!
Title: Re: Race from 10 to 100k!!
Post by: lexde on March 29, 2019, 07:45:04 AM
...
3/31/2019: $48,303.11

Looks like I'm going to hit the halfway mark at $50K next month! Exciting stuff!

Yay, very exciting stuff @lexde !!! I love that we must have a similar posting schedule for updating this thread. Then I get to get caught up on your progress and cheer you on!
Yes! I look forward to your updates every time I post! We got this!
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on March 29, 2019, 08:31:40 AM
March 2018 - $14,175
April 2018 - $14,330
May 2018 - $14,592
August 2018 - $19,246
September 2018 - $20,031
October 2018 - $19,301
November 2018 - $20,523
December 2018 - $20,923
January 2019 - $21,742
February 2019 - $23,933

March 2019 - $25,416

1/4 of the way there!  :)  That's exciting.  I can't wait to hit $30K.  Seeing that 3 is going to feel good.
Title: Re: Race from 10 to 100k!!
Post by: catorbe on March 29, 2019, 09:02:52 AM
1/4 of the way there!  :)  That's exciting.  I can't wait to hit $30K.  Seeing that 3 is going to feel good.

I'm hopeful that by the end of April I'll hit the 30k mark so long as the market doesn't go the wrong way and offset my contributions.
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on March 29, 2019, 07:33:23 PM

I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big, and I just started it in July. My checking account is also not included as it has money I will likely spend this month.

Net worth:
Dec2017:$7800
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658
Nov2018: $23,948 (+$290)
Dec2018: $23,960 (+12)
Jan2019: $27,100 (+3140)
Feb2019:$29,443 (+2343)

Goal for 2019 is to make it to $45K.

Mar2019: $31,603 (+2160)- Took me 7 months to make it out of the 20k's. I hope to not spend that much time in the 30k's, but everyone should still brace for the recession that this achievement is likely to trigger!
Title: Re: Race from 10 to 100k!!
Post by: philli14 on March 30, 2019, 09:35:43 AM
1/10/18: 43,071
1/11/18: 46,223 (+3152)
1/12/18: 50,605 (+4382)
1/01/19: 57,786 (+7181)
1/02/19: 65,133 (+7347)
1/03/19: 71,695 (+6562)
1/04/19: 77,573 (+5878)

Not too much contribution from the market this month, but managed to do well with plain old SR. Goal remains 100k before 2020.
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on March 30, 2019, 11:20:18 AM
2018
Jan1 - 63.8k
Feb1 - 64.0k (+200)
Mar 1 - 65.0k (+1000)
Apr 1 -  65.4k (+400)
May 1 - 67.5k (+2100)
June 1 - 69.5k (+2000)
July 1 - 72.3k (+2800)
Aug 1 - 74.0k (+1700)
Sept 1 - 76.7k (+2700)
Oct 1 - 79.6k (+2900)
Nov 1 - 79.5k (-100)
Dec 1 - 81.8k (+2300)

2019
Jan 1 - 82.5k (+700)
Feb 1 - 86.6k (+4100)
Mar 1 - 89.7k (+3100)
Apr 1 - 91.3k (+1600)

Broke through the 90k mark in March, however, I may dip into some of that soon to pay for a trip coming up.  Shooting for graduation by late summer, early fall. 
Title: Re: Race from 10 to 100k!!
Post by: Serendip on March 30, 2019, 10:21:15 PM

Since repman has graduated to the $100k-250k group, I thought I would take up the mantle of linking to the spreadsheet (and updating it when I can).

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

Thanks for doing this @DadJokes !
Title: Re: Race from 10 to 100k!!
Post by: Tass on March 31, 2019, 09:59:42 AM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k
Dec 18$22.4k
Jan 19$24.7k
Feb 19$27.2k

Mar 19: $29.3k

My three-paycheck month more than offset a bit of unusual spending on a friend's wedding. Can't wait to hit the 30s!
Title: Re: Race from 10 to 100k!!
Post by: Old Ball Coach on March 31, 2019, 03:38:55 PM
This includes all our retirement and personal accounts for assets. It includes our credit cards, student loan, and mortgage for liabilities. It DOES NOT include our home value.

April 2018 - $52,917.42
May 2018  - $58,400.19
June 2018 - $59,686.34
July 2018  - $65,798.53
Aug 2018 - $72,231.70
Sept 2018 - $76,755.71
Oct 2018 -  $64,348.89
Nov 2018 - $70,839.76
Dec 2018 - $58,351.73
Jan 2019 - $78,256.31
Feb 2019 - $87,795.97
Mar 2019 - $67,121.29

This was the big month that I knew was coming. We had to purchase another vehicle. Had to take out a loan for it since we are late to this FI party. Unlike some, I don't count the value of our home or our vehicles in our net worth. It makes our numbers look a little less rosy, but it's also more realistic since we can't use the value of our home or vehicle as a liquid asset.
Title: Re: Race from 10 to 100k!!
Post by: Svoboda on March 31, 2019, 06:38:47 PM
Dec 17: 37,449 (Found MMM)
Jan 18: 40,439
Feb 18: 42,796
Mar 18: 44,219
Apr 18: 42,188
May 18: 46,097
Jun 18: 49,516
Jul 18: 53,589
Aug 18: 57,668
Sep 18: 62,740
Oct 18: 64,747
Nov 18: 58,921
Dec 18: 61,964
Jan 19: 63,810
Feb 19: 69,053
Mar 19: 73,770
Apr 19: 79,628
Title: Re: Race from 10 to 100k!!
Post by: zygote on March 31, 2019, 08:51:03 PM
For context: I'm 29 in a HCOL city. I'm married, but these are my own numbers since we keep our finances separate. Includes cash, retirement, and credit cards, which are used for normal expenses and paid off in full every month.

3/18: $48,533.91
4/18: $53,215.13 (+4,681.22 - extra paycheck)
5/18: $55,433.65 (+2,218.52)
6/18: $57,041.95 (+1,572.27)
7/18: $59,753.49 (+2,711.54)
8/18: $63,816.19 (+4,062.70)
9/18: $70,101.27 (+6,285.08 - extra paycheck)
10/18: $73,538.91 (+3,437.64)
11/18: $69,595.61 (-3,943.30)
12/18: $73,126.64 (+3,531.03)
1/19: $69,733.94 (-2,712.15)
2/19: $78,918.09 (+9,184.15 - extra paycheck)
3/19: $83,762.93 (+4,844.84)
4/19: $86,925.57 (+3,162.64)
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on April 01, 2019, 07:04:08 AM
Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

9/29/17 - $11,511 (First post in thread)
6/30/18 - $36,000
7/31/18 - $38,676
8/31/18 - $40,277
9/30/18 - $50,572
10/31/18 - $46,085
11/30/18 - $48,956
12/31/18 - $46,003
1/31/19 - $53,028
2/28/19 - $58,276
3/31/2019 - $67,340

March Notes

Big month - I received a bonus and we got our tax refund. Did have some large unusual expenses including an $800 car repair bill and $1,400 in medical bills for the DD, otherwise the month would have been extraordinary. I can't complain though, progress is progress and everyone is happy and healthy!
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on April 01, 2019, 07:31:16 AM

2018
1/31 : (5949.05)
2/28 : (5288.30)
3/31 : (4273.93)
4/30 : (2592.07)
5/31 : (629.70)
6/30 : 1,206.77
7/31 : 2,703.97
8/31: 5,651.70
9/31: 8,039.01
10/31: 7,803.49
11/30: 9,531.28
12/31: 9,296.79

2019
1/31/19: 13,493.35
2/28/2019: 15,766.50


3/31/2019: 19,286

This was a very busy month for my family and I.
First I sold off my full sized truck. Had been holding onto it because of I just didn't want to let it go, but knew it was time to make a move on from it. I bought a little ford focus hatchback to replace it. Paid for it in full!

Have been getting everything ready for my family of 4 to become a family of 5 this Friday! My wife C-section is scheduled for Friday and it will be our first little girl. Very excited about it! Thankfully all of our premium has been meet already for this year so everything from here on out the insurance is covering, which will most likely include some NICU stay for the little one.

Other than that we have just been going along as smoothly as we currently can.
Keep up the good work everyone!
Title: Re: Race from 10 to 100k!!
Post by: peppermint on April 01, 2019, 09:07:38 AM
01/2018: $40796.81
02/2018: $41337.51
03/2018: $42682.42
04/2018: $46138.41
05/2018: $48761.77
06/2018: $51084.06
07/2018: $56155.54
08/2018: $55622.63
09/2018: $62036.49
10/2018: $64543.48
11/2018: $63002.61
12/2018: $65136.29
01/2019: $64776.35
02/2019: $69347.10
03/2019: $71885.58
04/2019: $74177.34

It feels so slow, but I have almost doubled in a year and a quarter, so I want to pat myself on the back for that. :)
Title: Re: Race from 10 to 100k!!
Post by: Optimiser on April 01, 2019, 09:42:47 AM
Hi everyone. I spent 24 months in the Race to Positive Net Worth thread (https://forum.mrmoneymustache.com/throw-down-the-gauntlet/race-to-positive-net-worth/msg2279152/#msg2279152) and 2 months in Saving to $10K (https://forum.mrmoneymustache.com/throw-down-the-gauntlet/saving-to-$10k/msg2338014/#msg2338014). Happy to join everyone here now! I'm really starting to feel the momentum as things have started to turn positive for me, and can't wait to graduate from this thread too.

Mar 2019 $14,000
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on April 01, 2019, 12:12:15 PM
Hi everyone. I spent 24 months in the Race to Positive Net Worth thread (https://forum.mrmoneymustache.com/throw-down-the-gauntlet/race-to-positive-net-worth/msg2279152/#msg2279152) and 2 months in Saving to $10K (https://forum.mrmoneymustache.com/throw-down-the-gauntlet/saving-to-$10k/msg2338014/#msg2338014). Happy to join everyone here now! I'm really starting to feel the momentum as things have started to turn positive for me, and can't wait to graduate from this thread too.

Mar 2019 $14,000

Welcome and congratulations on the astounding progress you have made!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on April 01, 2019, 03:58:26 PM
It feels so slow, but I have almost doubled in a year and a quarter, so I want to pat myself on the back for that. :)

You should pat yourself on the back -- you're doing great @peppermint!   You are covering this ground way faster than I did!
Title: Re: Race from 10 to 100k!!
Post by: twistedfirestarter on April 02, 2019, 03:19:13 AM
£24,041 Apr '17
£26,105 May '17
£28,229 Jun '17
£31,961 Jul '17
£34,902 Aug '17
£37,596 Sep '17
£41,756 Oct '17
£45,885 Nov '17
£49,200 Dec '17
£53,000 Jan '18
£55,765 Feb '18
£58,840 Mar '18
£61,802 Apr '18
£66,336 May '18
£70,866 Jun '18
£74,169 Jul '18
£78,963 Aug '18
£82,615 Sep '18
£79,540 Oct '18
£84,005 Nov '18
£87,300 Dec '18
£88,150 Jan '19
£90,813 Feb '19

£93,933 Mar ‘19

On target for 100k around June. Progress has slowed a bit due to some short term saving pots being filled for house renovations (including roof replacement) which are not being tracked as part of net worth.
Title: Re: Race from 10 to 100k!!
Post by: cassafrass on April 02, 2019, 08:37:29 AM

First I sold off my full sized truck.

Have been getting everything ready for my family of 4 to become a family of 5 this Friday!

Congrats on getting rid of the truck! I am currently trying my best to convince my husband that he does not need to buy a 4-door pickup truck for his upcoming vehicle purchase. He does use a truck for work and would like to be able to cart our two kiddos around, but there's gotta be a better way!

And best wishes for an easy delivery for your wife on Friday!
Title: Re: Race from 10 to 100k!!
Post by: jasert39 on April 02, 2019, 11:03:32 AM

I've been using Personal Capital to track our net work for a few months, this will be a fun place to keep track and more importantly keep ourselves on the saving path!  I've only used the site to factor investment/retirement accounts against mortgage and car loan balance, I have cash set aside for home improvements\emergency so I didn't want that money to show a inflated NW, also have not used homes value to factor into the calculation.


September 1, 2018 - $16,853
October 1, 2018 - $20,234
April 2, 2019 - $64,781 (forgot about updating this, but was pretty exciting to see!)
Title: Re: Race from 10 to 100k!!
Post by: vertkurt on April 02, 2019, 08:25:13 PM
1/1= 14,705
2/1/18= 18,264
3/1/18= 21,225
4/1/18= 22,741
5/1/18= 26,020
6/1/18= 28,987
7/1/18= 31,457
8/1/18= 34,642
9/1/18= 37,413
10/1/18= 41,426
11/1/18= 37,475
12/1/18= 44,300
1/1/19= 46,862
2/1/19= 53,310
3/1/19 = 59,800
4/1/19 = 63,705
Title: Re: Race from 10 to 100k!!
Post by: M5 on April 03, 2019, 08:32:28 AM
4/13/18: $14,324.67
12/27/18: $20,377.45
2/6/19: $27,927.20
3/1/19: $33,596.07
4/3/19: $57,285.55

I hadn't checked the value of our rental property since we bought it in 2014, but I finally did and it is now worth about 18k more than we paid for it. This is the reason for the huge jump this month. Looks like hitting 100k by year's end is a slight possibility!
Title: Re: Race from 10 to 100k!!
Post by: cassafrass on April 03, 2019, 01:08:24 PM

2019
Jan 2019: 49,400
Feb 2019: 52,900
Mar 2019: 55,500

Apr 2019: 59,500 (+4000)

March was an extra paycheck month for us - hooray! We would've had a bit more to stash but we had to pay some back taxes and invested in some supplies for our new veggie garden. I did stash a big chunk in Mr. Frass's IRA which felt very satisfying.

Some upcoming expenses that might put a damper in our saving momentum are looming - adding an extra day or two of daycare ($90 - $180/wk) and purchasing a new (used) vehicle which would increase our insurance/fuel/maintenance costs ($250/mo) and debt payments ($250/mo?).

Happy Spring and keep up the good work everyone!
Title: Re: Race from 10 to 100k!!
Post by: M5 on April 03, 2019, 01:19:50 PM
I've debated when it is most appropriate to recalculate real estate value, with the four options being (1) a monthly estimate, (2) an annual estimate, (3) after an appraisal, or (4) when sold/never. And then should rentals be recalculated differently from your own residence?

Obviously it's all for internal record keeping and makes no difference in reality, as the only time any gains are realized is when the property is sold.

I've wondered about that sometimes too. We'll probably never sell the rental, or if we do it'll be when we're too old to mess with it anymore. On the other hand a huge part of many rich individual's NW is equity in their business or real estate, in which case gains also aren't realized until sold. If I were to buy investment real estate worth a significant sum I'd definitely want it help bump up my NW. Although I would also include a primary home's value in my calculations, I believe that's where the real NW inflation happens. It's easy to sell a rental tomorrow and cash out forever, not the same for a primary home. Of course if you choose to downsize your primary home upon the sale then that changes things a bit.

I think I'm going to stick with a monthly check of the Realtor.com estimate as my baseline in the future. While not perfect, those numbers are pretty close to what comparable properties in the area are selling for.

*I know this is controversial, but I choose to include our vehicle values in our NW as well. I figure I might as well include anything I can liquidate worth more than a couple grand.
Title: Re: Race from 10 to 100k!!
Post by: Evasion on April 04, 2019, 07:09:32 AM
20 Dec 18 - 37,800
16 Jan 19 - 39,900
1 Feb 19 - 41,500
15 Feb 19 - 43,362
March 2019 - 45,496
Mid March 2019 - 45,815
April 19 - 46,412

Considering this includes my super (Australian 401k) compulsory increase and the market going up, it's quite bad. Will make more efforts this month.
Title: Re: Race from 10 to 100k!!
Post by: adamsputnik on April 05, 2019, 08:31:51 AM
1/18/18 - 18,350.00
3/15/18 - 20,267.70
5/17/18 - 19,930.00
8/31/18 - 25,908.00
9/21/18 - 28,115.00
11/30/18 - 29,835.00
12/14/18 - 30,879.00
12/31/18 - 30,072.00
1/15/19 - 32,774.00
1/31/19 - 34,776.00
3/13/19 - 36,967.00
4/5/19 - 39,465.00

Almost crossed that 40k threshold. I'll hover around that while I'm paying taxes, but things should pick up pretty quickly, especially now that I am contributing 20% to the 401k.
Title: Re: Race from 10 to 100k!!
Post by: catorbe on April 05, 2019, 08:46:59 AM
I broke over $10,000 on 9/9/2018. I'm up to $25k as of 2/17/2019.
I'm increasing my NW by about 2k a month based on those figures and would hit 100k in about 37 months putting it out to about March 2022. I believe with an upcoming raise, bonus, and other small windfalls that come and go, I'm looking at a goal of December 31st 2021 to hit 100k. Current salary is 49k.

3/20/19: $26,600. Lots of changes: Trip to Chicago complete. Bonus received. Salary bumped to over 50k!!!! We're moving to a townhouse from an apartment. This will affect my savings rate slightly, but we will remain resident property managers and continue to receive a discount on rent. Overall the changes are positive.

Now to await the final March paycheck and get back into the groove of things in the new place.

So I've paid rent for the first time at the new townhome. First utility bills are showing up. We bought a few more household items to round out each room's dιcor and furniture needs. After paying my car insurance (6 months worth) and a few other small outstanding bills, I should be at $26,500. So essentially this past paycheck went out the door and then some, but moving forward there are fewer expected expenses coming up at least in the near term. If all goes well i'll be at $30k by Mid May.
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on April 06, 2019, 03:43:24 AM
Aug 15: 5327 (found MMM)
Jan 16: 12700
Jan 17: 31444
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Apr 18: 75766
May 18: 77414
Jun 18: 81980
Jul 18: 82825
Aug 18: 82665
Sep 18: 84098
Oct 18: 85029
Nov 18: 85620
Dec 18: 88171
Jan 19: 88673
Feb 19: 90575
Mar 19: 91673
Apr 19: 93802

The market giveth! I did have a little setback, my bike was stolen. In retaliation I bought a white bike with black decoration on the side and a neon green crate on the front rack. Try getting away with that one, ya filthy thieves... It's recognizable AF. Anyway, only 210 euro (230 dollars?) and it rides a treat. Also love front crates... dump everything in & go!
Title: Re: Race from 10 to 100k!!
Post by: jojoguy on April 06, 2019, 06:50:54 AM
October 7, 2018 = $600
October 18, 2018 = $2500
November 1, 2018 = $5,995
November 15, 2018 = $9,273
November 29, 2018 = $11,340
December 13, 2018 = $13,155
December 25, 2018 = $15,396
January 26, 2019 = $78,191 (Added our 401Ks into the mix)
February 9, 2019 = $80,723.72
February 14, 2019 = $81,500.07
February 22, 2019 = $84,426.22
March 8, 2019 = 91581.06
March 24, 2019 = 96640.33
April 6, 2019 = 99886.50

Sooooo, close. Would be a few thousand over 100k but we have to get a new roof. Thank God for MMM and you guys. We would be struggling to pay for that if I didn't find this site. Our networth has doubled in roughly 6 or 7 months. Thanks guys. I am really grateful for the knowledge and encouragement.
Edit to add: We probably will hit a slower save amount in the next month or two because of less overtime being given out at my job, but I will strive to get it as much as I can to keep building our networth up.
Title: Re: Race from 10 to 100k!!
Post by: politenessman on April 06, 2019, 11:28:04 AM
Aug   $ 81,356
Jul   $ 66,521
Jun   $ 64,243
May   $ 60,386
Apr   $ 56,284
Mar   $ 55,824
Feb   $ 55,756
Jan   $ 51,828

Update time:
Sep   $ 88,159
Aug   $ 81,356

Oct $ 92.125
Nov $ 86,143

Looks like October to November took a bit of a nose dive.
Looks Like December is going to end up at about $ 75,941.
Well shit!
Its been a while since I posted, mostly I just got busy, but as of today I am at $97,192, not including emergency fund.
Almost there!
Title: Re: Race from 10 to 100k!!
Post by: jojoguy on April 06, 2019, 03:21:01 PM
Aug   $ 81,356
Jul   $ 66,521
Jun   $ 64,243
May   $ 60,386
Apr   $ 56,284
Mar   $ 55,824
Feb   $ 55,756
Jan   $ 51,828

Update time:
Sep   $ 88,159
Aug   $ 81,356

Oct $ 92.125
Nov $ 86,143

Looks like October to November took a bit of a nose dive.
Looks Like December is going to end up at about $ 75,941.
Well shit!
Its been a while since I posted, mostly I just got busy, but as of today I am at $97,192, not including emergency fund.
Almost there!

Way to go!
Title: Re: Race from 10 to 100k!!
Post by: Cezil on April 08, 2019, 07:30:15 AM
Dec-2016: $32,870.70
Dec-2017: $58,271.55   (+ 25,400.85)
Dec-2018: $72,493.16   (+ 14,221.61)

Jan-2019:   $ 81,866.77  (+ 9,373.61)
Feb-2019:   $87,222.31  (+ 5,355.54)


Mar-2019:   $88,865.95 (+ 1,643.64)

Pretty boring month, contribution-wise.  I put over $1K into my 401k, about $230 into my HSA, the rest of it is growth.  I'm having issues with my medical payment plan: The Corporation screwed up it in January and is still being very unhelpful and increasingly passive aggressive when I call them to figure it out.  After cordially hanging up after a 33 minute phone call where *I* had to explain to the rep how $17.98 got overpaid to something not even in the agreed payment plan (she still seemed to think I'm just trying to get out of paying), I wrote a 3-page letter of the history of the issue starting in December, with my growing displeasure of dealing with them over the phone (no one seems to know what they are doing, and no one seems to know what they are talking about except me, and it's making the confusion even greater).  Big sigh.  I'm reluctant to pay it off in full because it's 0% interest, but I'm wondering if it's worth it.  (Yes, I could pay off the remaining $1,600 immediately without any issue whatsoever, but I chose the 0% plan to shove cash into investments instead.  I'd have to pull from cash reserves, no biggie.).

April is also looking boring, same ol' 401k and HSA contributions + assumed growth.  If I pay the above off, I might just come out even.  That...doesn't sound too bad at this point.  I might just do that.  Save myself a few premature gray hairs. ;)
Title: Re: Race from 10 to 100k!!
Post by: UnexpectedExpenseExpector on April 09, 2019, 03:51:35 PM
Hi everyone. I spent 24 months in the Race to Positive Net Worth thread (https://forum.mrmoneymustache.com/throw-down-the-gauntlet/race-to-positive-net-worth/msg2279152/#msg2279152) and 2 months in Saving to $10K (https://forum.mrmoneymustache.com/throw-down-the-gauntlet/saving-to-$10k/msg2338014/#msg2338014). Happy to join everyone here now! I'm really starting to feel the momentum as things have started to turn positive for me, and can't wait to graduate from this thread too.

Mar 2019 $14,000

Congrats on your previous progress and welcome to the thread @Optimiser !



Our March numbers are in here's the update for April:

2014 Jan: (129,703.05)
2015 Jan: (115,355.51)
2016 Jan: (82,545.00)
2017 Jan: 2,693.77
2018 Jan: 48,429.84

2019
January: 79,517.63
February: 87,532.51
March: 91,151.25
...
2019 Jul: 100,000 (GOAL)

In the homestretch!  Barring a big sell off in the market the arbitrary goal of July should be easily hit.  I also updated the spreadsheet. 

Title: Re: Race from 10 to 100k!!
Post by: haypug16 on April 10, 2019, 12:34:20 PM
Hi All! I just finished the race to $10K so I'm jumping in here :) I've been anxiously awaiting my time to join this thread.

Starting post
3/31/2017 (52,848.85) - Found MMM
3/31/2018 $(14,916.69) - 1 year in
3/31/20919 $9,917.20 - 2 years in
4/10/2019 $10,440.08

According to my current calculations I will spend about 2 years in this race, though I think it could be faster once momentum from all my little employees picks up. I'm already starting to see this.
Title: Re: Race from 10 to 100k!!
Post by: M5 on April 10, 2019, 12:57:15 PM
Welcome aboard @haypug16 !
Title: Re: Race from 10 to 100k!!
Post by: dutty on April 12, 2019, 01:39:48 AM


Quote
12/15 -£2,610  
12/16  £5,250   (+£7,860 ~ +301%)
12/17  £10,810 (+£5,560 ~ +106%)
12/18  £68,620 (+£57,810 ~ +634%)
01/19  £68,210  (-£410 ~ -1%)
02/19  £64,060  (-£4,150 ~ -6%)
03/19  £74,350 (+£10,290 ~ +16% )


ISA filled. Momentum building.
Title: Re: Race from 10 to 100k!!
Post by: zee dot on April 12, 2019, 07:24:58 AM
9/2017 (168,529.23)
10/2017 (156,730.67)
12/2017 (155, 778.96)
1/2018 (146,335.62)
2/2018 (146,208.20)
3/2018 (90,769.56) annual bonus
4/2018 (83,753.06)
6/2018 (73,857.57)
9/2018 (61,215.95)
10/2018 (51,434.89)
12/2018 $90,683.73 (sold a house)
01/2019 $96,400.22
02/2019 $150,040.56 (annual bonus)

I'm buying a place for my mom so I'll be back in a few months :) 
Title: Re: Race from 10 to 100k!!
Post by: ItsALongStory on April 12, 2019, 07:59:03 AM
9/2017 (168,529.23)
10/2017 (156,730.67)
12/2017 (155, 778.96)
1/2018 (146,335.62)
2/2018 (146,208.20)
3/2018 (90,769.56) annual bonus
4/2018 (83,753.06)
6/2018 (73,857.57)
9/2018 (61,215.95)
10/2018 (51,434.89)
12/2018 $90,683.73 (sold a house)
01/2019 $96,400.22
02/2019 $150,040.56 (annual bonus)

I'm buying a place for my mom so I'll be back in a few months :)
Those are some remarkable jumps, are you in sales where a lot of your earnings are variable?

Sent from my Pixel 2 XL using Tapatalk

Title: Re: Race from 10 to 100k!!
Post by: zee dot on April 12, 2019, 08:07:15 AM
No, not in sales.

Those jumps reflect a huge change in thinking (finding MMM mostly) and a very large annual bonus.

I'm well paid monthly so I always had the money--I was just spending it.
My behavior changes really snowballed.  Cancelling all of my monthly subscriptions to Birchbox, stitch fix etc.  Sending venmo requests for dinner tabs instead of just ignoring the $100 each person owed.  Taking money when ppl offered to pay for gas & tolls.

I posted a case study here in Sept 2017 and it was immensely helpful.

Sold a house. 
Title: Re: Race from 10 to 100k!!
Post by: fluffmuffin on April 12, 2019, 08:38:08 AM
Good to see you, @haypug16 ! You smashed the 10k challenge and I'm sure you'll be rocketing through here as well :)

March 14, 2019: 91,383.01
March 22, 2019: 96,571.66

April 12, 2019: 99,627.63 !!!

OMG y'all, my bills are paid for April so my next paycheck should do it.

I won't stay in the six figures once I get the medical bills (I do have to argue about one of them, ugh, I hate sh*t like that) and final invoices for the wedding. BUT STILL.
Title: Re: Race from 10 to 100k!!
Post by: Serendip on April 12, 2019, 08:54:30 AM
Good to see you, @haypug16 ! You smashed the 10k challenge and I'm sure you'll be rocketing through here as well :)

March 14, 2019: 91,383.01
March 22, 2019: 96,571.66

April 12, 2019: 99,627.63 !!!

OMG y'all, my bills are paid for April so my next paycheck should do it.

I won't stay in the six figures once I get the medical bills (I do have to argue about one of them, ugh, I hate sh*t like that) and final invoices for the wedding. BUT STILL.

CONGRATS @fluffmuffin --how exciting!
Title: Re: Race from 10 to 100k!!
Post by: haypug16 on April 12, 2019, 08:59:29 AM
Thanks everyone. :) It's nice to see some familiar faces from the race to $10k!
Title: Re: Race from 10 to 100k!!
Post by: jojoguy on April 13, 2019, 07:37:05 AM
October 7, 2018 = $600
October 18, 2018 = $2500
November 1, 2018 = $5,995
November 15, 2018 = $9,273
November 29, 2018 = $11,340
December 13, 2018 = $13,155
December 25, 2018 = $15,396
January 26, 2019 = $78,191 (Added our 401Ks into the mix)
February 9, 2019 = $80,723.72
February 14, 2019 = $81,500.07
February 22, 2019 = $84,426.22
March 8, 2019 = 91581.06
March 24, 2019 = 96640.33
April 6, 2019 = 99886.50
April 13, 2019 = 100,325.68

Is this even real? We went from $54,000 in our 401ks that we had been contributing for 15 plus years in October to almost doubling our savings/investments in roughly a 6 month period. Unreal! I would have never thought it would be possible. You guys are the best! Seriously, the advice all of you give is above the highest economists in the world's advice, and you give it all away for free! Thanks again, ya'll. See you in the next thread.
Title: Re: Race from 10 to 100k!!
Post by: katthjul on April 14, 2019, 12:30:36 AM
EOY 2014: €0
EOY 2015: €16,728
EOY 2016: €41,467
EOY 2017: €64,929
EOY 2018: €80,536
Jan 2019: €88,922
Feb 2019: €94,899
Mar 2019: €98,691

So close!

The numbers do include some uninvested money, but that is because I'm saving to pay off my student loan.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on April 14, 2019, 05:57:00 AM
April 13, 2019 = 100,325.68

Thanks again, ya'll. See you in the next thread.

Congrats @jojoguy!  Well done.   
Title: Re: Race from 10 to 100k!!
Post by: jojoguy on April 14, 2019, 08:17:26 AM
April 13, 2019 = 100,325.68

Thanks again, ya'll. See you in the next thread.

Congrats @jojoguy!  Well done.
Thanks! I'm still having a hard time for this to sink in that we've saved $46,000 to break 100k in such a short time.
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on April 15, 2019, 07:37:53 AM
Welcome @haypug16 good to see you here on this thread now!

Congrats @jojoguy I'm sure you will have already graduated the next thread before I am even able to join it! Amazing progress.

Lots of people very close to breaking into the 6 figures it gives this little stash guy some confidence that it can be done. Well done.
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on April 15, 2019, 08:14:36 AM
8/31/18: $12,784
9/17/18: $14,547
9/28/18: $22,476
10/15/18: $24,956
10/31/18: $27,980
11/15/18: $30,081
11/30/18: $36,219
12/31/18: $36,235
1/15/19: $44,961
1/31/19: $52,928
2/16/19: $57,672
2/28/19: $61,806
3/16/19: $64,611
3/29/19: $72,482
4/15/19: $76,177 (+3695)

One more paycheck until the student loan is paid in full. Light at the end of the tunnel!
Title: Re: Race from 10 to 100k!!
Post by: haypug16 on April 15, 2019, 08:46:14 AM
Mid-April Update
3/31/2017 - (52,848.85) - Found MMM
3/31/2018 - $(14,916.69) - 1 year in
3/31/20919 - $9,917.20 - 2 years in
4/10/2019 - $10,440.08 - Joined 10k-100k race
4/15/2019 - $19,105.19 - $9,187.99 increase from 3/31/19

Big increase mostly due to the $6k bonus I got today :) but even without that about $3k is just from saving/paying down debt. I'll be going on maternity leave any moment now so I imagine the next 3 months will be a little slower in the gains but should still have upward momentum.
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on April 15, 2019, 08:50:50 AM
Mid-April Update
3/31/2017 - (52,848.85) - Found MMM
3/31/2018 - $(14,916.69) - 1 year in
3/31/20919 - $9,917.20 - 2 years in
4/10/2019 - $10,440.08 - Joined 10k-100k race
4/15/2019 - $19,105.19 - $9,187.99 increase from 3/31/19

Big increase mostly due to the $6k bonus I got today :) but even without that about $3k is just from saving/paying down debt. I'll be going on maternity leave any moment now so I imagine the next 3 months will be a little slower in the gains but should still have upward momentum.

Nice job, haypug! Congrats on starting the 10-100k thread with a bang before baby makes their debut!
Title: Re: Race from 10 to 100k!!
Post by: haypug16 on April 15, 2019, 09:28:20 AM
Thanks zeli! Congrats on being one paycheck away from no more Student Loans! I bet that feels awesome!
Title: Re: Race from 10 to 100k!!
Post by: jojoguy on April 15, 2019, 09:53:49 AM


Lots of people very close to breaking into the 6 figures it gives this little stash guy some confidence that it can be done. Well done.

I know it is cliche to say it, but if I can do it, anybody can.
Title: Re: Race from 10 to 100k!!
Post by: fluffmuffin on April 19, 2019, 07:01:33 AM
March 14, 2019: 91,383.01
March 22, 2019: 96,571.66
April 12, 2019: 99,627.63

April 19, 2019: 100,517.92


I'm not declaring myself a graduate because this won't last. I have about $4,500 to pay for the wedding and will still spend money on our honeymoon. Plus whatever down payment on a house.

Good news on the medical front, though! Unless some new charges pop up on my account (always a possibility with the US healthcare system...), I will only need to pay another ~$900 out of pocket for my medical procedure, not the like, $4,000 I was afraid of. The state retirement system is also down for maintenance, so I couldn't update all of my accounts--I usually do those about every month and a half and the market's been up, so I would probably be getting a boost from those.

So: a provisional Friday win!


Lots of people very close to breaking into the 6 figures it gives this little stash guy some confidence that it can be done. Well done.

I know it is cliche to say it, but if I can do it, anybody can.

And yeah, same here. My salary trajectory started out at $20k in 2010. I've been very privileged in a lot of ways (parents paid for college so no loans, ~$30k inheritance from grandmother's estate, grew up with frugality + financial literacy, have been state employee with good benefits for majority of my career). But I have also worked hard as hell and said no to a lot of things I'd have liked to say yes to.
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on April 23, 2019, 05:54:15 AM
Tracking net worth.

EOY 12.2016 - (-£10,250)
EOY 12.2017 - £4,360
EOY 12.2018 - £40,620
01.2019 - £42,662 (+2,042)
02.2019 - £43,796 (+1,134)
03.2019 - £44,582 (+786)
04.2019 - £49,305 (+4,723)
05.2019 - £51,853 (+2,548)

Assets = £59,533
Student loans = (£7,680)

Broke £50K net worth! Halfway to the end of the race!
Title: Re: Race from 10 to 100k!!
Post by: Manchester on April 23, 2019, 08:12:29 AM
Another month in the right direction!

(http://i67.tinypic.com/20fqp0y.png)

My N/W went up by £1,378.59, which is one of my best months.  This has put me just over the £18k mark. 


I've opened a Vanguard ISA this month and increased my investments now that I've hit my savings targets.  I've also hit the target bank size for my side hustle (matched betting) which means I can withdraw more money and invest it moving forwards. 
Title: Re: Race from 10 to 100k!!
Post by: Manchester on April 23, 2019, 08:17:47 AM
Hi All! I just finished the race to $10K so I'm jumping in here :) I've been anxiously awaiting my time to join this thread.

Starting post
3/31/2017 (52,848.85) - Found MMM
3/31/2018 $(14,916.69) - 1 year in
3/31/20919 $9,917.20 - 2 years in
4/10/2019 $10,440.08

According to my current calculations I will spend about 2 years in this race, though I think it could be faster once momentum from all my little employees picks up. I'm already starting to see this.

Great to have you in this thread!!  The race to 10k'ers are taking over!
Title: Re: Race from 10 to 100k!!
Post by: Manchester on April 23, 2019, 08:25:49 AM
October 7, 2018 = $600
October 18, 2018 = $2500
November 1, 2018 = $5,995
November 15, 2018 = $9,273
November 29, 2018 = $11,340
December 13, 2018 = $13,155
December 25, 2018 = $15,396
January 26, 2019 = $78,191 (Added our 401Ks into the mix)
February 9, 2019 = $80,723.72
February 14, 2019 = $81,500.07
February 22, 2019 = $84,426.22
March 8, 2019 = 91581.06
March 24, 2019 = 96640.33
April 6, 2019 = 99886.50
April 13, 2019 = 100,325.68

Is this even real? We went from $54,000 in our 401ks that we had been contributing for 15 plus years in October to almost doubling our savings/investments in roughly a 6 month period. Unreal! I would have never thought it would be possible. You guys are the best! Seriously, the advice all of you give is above the highest economists in the world's advice, and you give it all away for free! Thanks again, ya'll. See you in the next thread.

Well done!

You don't increase your N/W as quickly as you have without putting some serious effort into it.  You'll be FIRE'd in no time!
Title: Re: Race from 10 to 100k!!
Post by: adamb on April 23, 2019, 11:43:51 AM
I'm at 67k today! Started saving/investing seriously exactly 2 years ago, when I had about 5-10k. I expect I will hit 100k right before my next birthday at 28 (about 11 months) if I sell my car.

I've driven my car a total of 5 times the past year, so that's looking more and more likely, especially since my next apartment is right by the subway and doesn't have parking. I just really need to convince myself it's okay to do, I've never not had a car since I was 16 :O.

Congrats! I just turned 28 too. I'm in the same dilemma I put a total of 500 miles (most of which were people borrowing it) on my car last year. Living in a city with car2go's everywhere it makes less and less sense to hold on to it.

Thanks! Update on this one: I sold my car in December and put it all in VTSAX right as the market was at it's lowest in years (dumb luck). That plus increased salary/savings and market growth means I am at 99k now! I expect I'll hit 100k in the next paycheck if market holds flat, or 2-3 paychecks if it takes a dip. In either scenario, I'll be at 100k NW a month before my 28th birthday!

Brokerage - 22,223
IRA - 18,680
Roth IRA - 33,212
401k - 17,550
Cash - 7,500

Found MMM 3 years ago, been working full-time for 5 years, was frugal for all 5 but didn't realize the power of investing until after MMM.

Next goal after that is probably getting a MFH property and becoming a land lord. That's taking a lot of research first to make sure I find the right property.
Title: Re: Race from 10 to 100k!!
Post by: paulkots on April 24, 2019, 06:33:55 AM

11/26/17: $47,707.48
06/22/18: $72,953.75
07/27/18: $71,676.31
08/23/18: $65,034.83
10/04/17: $63,306.87
10/26/18: $64,270.98
11/27/18: $66,467.65
12/26/18: $66,160.59
01/28/18: $64,688.44
03/25/19: $63,325.75

Skipped a month. In the last 2 months, did my taxes, I was close on pre-payment but had to paid some more. Also, did the Costa Rica vacation and some work around the house. First 2019 tax pre-payment was sent out. Major expenses were Costa Rica vacation and the work I did on my GTI for a roadtrip to Montana.

04/24/19: $65,022.87

Didn't have much expenses this month so I booked future planned trips, hotels, tickets and entertainment since the CC was lower than usual.
Title: Re: Race from 10 to 100k!!
Post by: AAM550 on April 25, 2019, 01:15:33 PM
Just discovered MMM and this is my first post here. It's really inspiring seeing all the awesome stories here and the healthy mentality about money and spending. I'm not sure what the correct format for here is but i'll just go ahead and splatter all the info that seems pertinent and then update next month and refine over time.

Income - 9,648.82 ( $2430.14 from full time employment / $6618.66 from part time job / $600 in rent )
Spending - $3,028.07

Cash- $8,676.52
401(k)- $16,055.13

Mortgage - $143,589.34 at 3.25 % Interest

Please let me know if you have any tips or tweaks to help me along!
Title: Re: Race from 10 to 100k!!
Post by: Evasion on April 25, 2019, 03:51:19 PM
20 Dec 18 - 37,800
16 Jan 19 - 39,900
1 Feb 19 - 41,500
15 Feb 19 - 43,362
March 2019 - 45,496
Mid March 2019 - 45,815
April 19 - 46,412

Late April 2019 - 48,372

Upwards and onwards, thanks to market and dividends but I have been struggling to save, way too slow to get to 50k..
One month left before my birthday, should tighten my belt until then!!
Title: Re: Race from 10 to 100k!!
Post by: Serendip on April 26, 2019, 10:27:40 AM
Dec '17    18,146
Jan '18     23,607
Feb '18     27,000
Mar '18     29,008
Apr '18     30,100
May '18    35,030
Jun '18     36,700
July '18    39,000
Aug '18    40,150
Sep '18    42,500
Oct '18     43,300
Nov '18    44,500
Dec '18    48,380
Jan '19     51,210
Feb '19     53,000
Mar '19     55,075
Apr '19     53,065 (first downward swing--unexpectedly larger tax bill and still owe my SO for some strata roofing costs as we keep our finances seperate and he took the full hit of 10,000)

Have to admit, getting told you owe thousands more in taxes and not having to scramble for it is SUCH a relief!  Love the lessons I've learned here even if I will be more careful not to get into the same situation next year (self-employed and made much more than I normally do)
Title: Re: Race from 10 to 100k!!
Post by: lemonverbena on April 28, 2019, 11:56:16 AM
Hi! Joining in.

Late Apr 2019:
tIRA: $6,329
Simple IRA: $4,500
Emergency fund: $1,000

Total: $11,829
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on April 28, 2019, 02:39:01 PM
Dec 2017 €14.300
June 2018 €23.300 (+9k over 6 months)
July 2018 €24.400 (+1.100)
Aug 2018 €25.700 (+1.300)
Sept 2018 €26.100 (+400)
Oct 2018 €26.100 (+0)
Nov 2018 €29.100 (+3.000!!)
Dec 2018 €35.600 (+6.500)
Jan 2019 €39.000 (+3.400)
Feb 2019 €40.700 (+1.700)
Mar 2019 €42.400 (+1.700)
Apr 2019 €44.900 (+2.500)

Great market month + fairly low spending. First month of the year without any big line items like travel or one-offs. About 1500 is actual savings, the other 1000 is a great month for stocks. Next month is a double paycheck month for me so it looks like I'll be able to hit 50k by June, assuming no market drops.
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on April 28, 2019, 04:18:28 PM
I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big. My checking account is also not included as it has money I will likely spend this month. Goal for 2019 is to make it to $45K.

Net worth:
Dec2017:$7800
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658
Nov2018: $23,948 (+$290)
Dec2018: $23,960 (+12)
Jan2019: $27,100 (+3140)
Feb2019:$29,443 (+2343)
Mar2019: $31,603 (+2160)
Apr2019: $33,959 (+2356)- Another good savings month, if this keeps up I should meet my end of year goal! Its amazing for me to think I am up almost $20K for a year seeing as I made/will make less than 50K a year.
Title: Re: Race from 10 to 100k!!
Post by: vertkurt on April 28, 2019, 06:31:09 PM
1/1= 14,705
2/1/18= 18,264
3/1/18= 21,225
4/1/18= 22,741
5/1/18= 26,020
6/1/18= 28,987
7/1/18= 31,457
8/1/18= 34,642
9/1/18= 37,413
10/1/18= 41,426
11/1/18= 37,475
12/1/18= 44,300
1/1/19= 46,862
2/1/19= 53,310
3/1/19 = 59,800
4/1/19 = 63,705
5/1/19= 70,328
Title: Re: Race from 10 to 100k!!
Post by: Imma on April 29, 2019, 09:47:05 AM
After spending almost two years in the Saving to 10k thread, I have officially graduated to this thread! :)

April 2019: €10094.35


Goals for 2019:
Savings: €5000
Investments: €10000

I'm on a low-ish income compared to many on MMM, but I've increased my income by 50% since I started to track my savings 2 years ago, so I'm getting there! I don't personally track my net worth but my savings + investments instead. We bought our home during a real estate dip and we're now in a bubble where prices go up by 10% a year. We already live in a very cheap and small home so the only way we could ever release this equity is by selling up and moving into a tent. As we're not planning on doing that anytime soon, I don't want to distort my numbers by adding the value of our home.
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on April 29, 2019, 10:17:59 AM
Welcome @Imma! Good to see you here :)
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on April 30, 2019, 07:36:40 AM
8/31/18: $12,784
9/17/18: $14,547
9/28/18: $22,476
10/15/18: $24,956
10/31/18: $27,980
11/15/18: $30,081
11/30/18: $36,219
12/31/18: $36,235
1/15/19: $44,961
1/31/19: $52,928
2/16/19: $57,672
2/28/19: $61,806
3/16/19: $64,611
3/29/19: $72,482
4/15/19: $76,177
4/30/19: $99,041 (+22894)

Hello bonus! Goodbye Student Loan! Officially Debt-freeeeeeeeeeeee and so close to 100k NW!
Title: Re: Race from 10 to 100k!!
Post by: fluffmuffin on April 30, 2019, 09:10:41 AM
Welcome @Imma! So great to have you on this thread :)
Title: Re: Race from 10 to 100k!!
Post by: Old Ball Coach on April 30, 2019, 09:33:48 AM
This includes all our retirement and personal accounts for assets. It includes our credit cards, student loan, and mortgage for liabilities. It DOES NOT include our home value.

April 2018 - $52,917.42
May 2018  - $58,400.19
June 2018 - $59,686.34
July 2018  - $65,798.53
Aug 2018 - $72,231.70
Sept 2018 - $76,755.71
Oct 2018 -  $64,348.89
Nov 2018 - $70,839.76
Dec 2018 - $58,351.73
Jan 2019 - $78,256.31
Feb 2019 - $87,795.97
Mar 2019 - $67,121.29
Apr 2019 - $75,155.85

Nice bounce back month for us after purchasing a used RAV 4 in March.... Onward and upward!
Title: Re: Race from 10 to 100k!!
Post by: Optimiser on April 30, 2019, 09:51:55 AM
Mar 2019 $14,000

Apr 2019 $12,700

Investments and cash were up this month and my loan balances are lower, but Zillow dropped the value of my house by a lot so my overall net worth is off some.
Title: Re: Race from 10 to 100k!!
Post by: philli14 on April 30, 2019, 09:59:51 AM
1/10/18: 43,071
1/11/18: 46,223 (+3152)
1/12/18: 50,605 (+4382)
1/01/19: 57,786 (+7181)
1/02/19: 65,133 (+7347)
1/03/19: 71,695 (+6562)
1/04/19: 77,573 (+5878)
1/05/19: 86,088 (+8515)

Thrilled with this month. Goal remains 100k before 2020! Looking well on track, as long as markets don’t take a big tumble.
Title: Re: Race from 10 to 100k!!
Post by: Tass on April 30, 2019, 10:04:58 AM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k
Dec 18$22.4k
Jan 19$24.7k
Feb 19$27.2k
Mar 19$29.3k

Apr 19: $31.3k

On track to fill up my Roth and reach a full year's income in NW by June.

ETA: Congrats on killing the student loan @zeli2033!
Title: Re: Race from 10 to 100k!!
Post by: zygote on April 30, 2019, 10:45:46 AM
Congrats on joining the race, @Imma , and congrats on getting rid of those student loans, @zeli2033 !

---

For context: I'm 29 in a HCOL city. I'm married, but these are my own numbers since we keep our finances separate. Includes cash, retirement, and credit cards, which are used for normal expenses and paid off in full every month.

3/18: $48,533.91
4/18: $53,215.13 (+4,681.22 - extra paycheck)
5/18: $55,433.65 (+2,218.52)
6/18: $57,041.95 (+1,572.27)
7/18: $59,753.49 (+2,711.54)
8/18: $63,816.19 (+4,062.70)
9/18: $70,101.27 (+6,285.08 - extra paycheck)
10/18: $73,538.91 (+3,437.64)
11/18: $69,595.61 (-3,943.30)
12/18: $73,126.64 (+3,531.03)
1/19: $69,733.94 (-2,712.15)
2/19: $78,918.09 (+9,184.15 - extra paycheck)
3/19: $83,762.93 (+4,844.84)
4/19: $86,925.57 (+3,162.64)
5/19: $92,839.14 (+5,913.57)

Very happy with this month's progress. My spending was pretty low and the market was kind. Hopefully I will hit $100k in the next few months!

I also think it's crazy how much more my net worth is going up per month compared to this time last year. I think it's partly improvement in my spending, but also shows the power of having a lot in the market! More growth potential.
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on April 30, 2019, 12:41:50 PM
April 2018 - $14,330
May 2018 - $14,592
August 2018 - $19,246
September 2018 - $20,031
October 2018 - $19,301
November 2018 - $20,523
December 2018 - $20,923
January 2019 - $21,742
February 2019 - $23,933
March 2019 - $25,416

April 2019 - $26,812

Good to see you in this thread too, @Imma!  It's nice to have long term company!  :)
Title: Re: Race from 10 to 100k!!
Post by: Imma on April 30, 2019, 02:04:23 PM
Thanks for the warm welcome, good to see some fellow Saving to 10k graduates doing really well!
Title: Re: Race from 10 to 100k!!
Post by: haypug16 on April 30, 2019, 03:56:53 PM
April 2019 Update
3/31/2017 (52,848.85) - Found MMM
3/31/2018 $(14,916.69) - 1 year in
3/31/2019 $9,917.20 - 2 years in
4/30/2019 $19,835.78 +9,918.58 increase

Baby Puglet has arrived and Maternity leave has started. I will be without income for a little while until my Short Term Disability kicks in so I imagine May is going to have a much smaller increase than most months.
Title: Re: Race from 10 to 100k!!
Post by: Svoboda on April 30, 2019, 04:00:29 PM
Jan 18: 40,439
Feb 18: 42,796
Mar 18: 44,219
Apr 18: 42,188
May 18: 46,097
Jun 18: 49,516
Jul 18: 53,589
Aug 18: 57,668
Sep 18: 62,740
Oct 18: 64,747
Nov 18: 58,921
Dec 18: 61,964
Jan 19: 63,810
Feb 19: 69,053
Mar 19: 73,770
Apr 19: 79,628
May 19: 84,026
Title: Re: Race from 10 to 100k!!
Post by: Trifle on April 30, 2019, 05:28:14 PM
Congratulations on the new little one @haypug16!  "Puglet" -- very cute.   
Title: Re: Race from 10 to 100k!!
Post by: politenessman on April 30, 2019, 07:35:41 PM
Aug   $ 81,356
Jul   $ 66,521
Jun   $ 64,243
May   $ 60,386
Apr   $ 56,284
Mar   $ 55,824
Feb   $ 55,756
Jan   $ 51,828
Sep   $ 88,159
Aug   $ 81,356
Oct $ 92.125
Nov $ 86,143    Looks like October to November took a bit of a nose dive.
Looks Like December is going to end up at about $ 75,941.
Well shit!
Its been a while since I posted, mostly I just got busy, but as of today I am at $97,192, not including emergency fund.
Almost there!
Today is the day!

       686.27   Investment account
    1,049.58   IRA
  98,911.88   401k
--------------
100,647.74

I also have about $16,000 in emergency savings but I don't like to count that as art of my retirement savings.
So its off to the next thread! See you there
Title: Re: Race from 10 to 100k!!
Post by: katthjul on May 01, 2019, 01:43:30 AM
EOY 2014: €0
EOY 2015: €16,728
EOY 2016: €41,467
EOY 2017: €64,929
EOY 2018: €80,536
Jan 2019: €88,922
Feb 2019: €94,899
Mar 2019: €98,691
Apr 2019: €104,580

At long last, I have reached €100k! Time to move on to the next thread.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on May 01, 2019, 05:28:34 AM
--------------
100,647.74

So its off to the next thread! See you there

Congratulations @politenessman and @katthjul -- Well done!!
Title: Re: Race from 10 to 100k!!
Post by: peppermint on May 01, 2019, 06:58:01 AM
01/2018: $40796.81
02/2018: $41337.51
03/2018: $42682.42
04/2018: $46138.41
05/2018: $48761.77
06/2018: $51084.06
07/2018: $56155.54
08/2018: $55622.63
09/2018: $62036.49
10/2018: $64543.48
11/2018: $63002.61
12/2018: $65136.29
01/2019: $64776.35
02/2019: $69347.10
03/2019: $71885.58
04/2019: $74177.34
05/2019: $76475.71

Just keep swimming...
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on May 01, 2019, 07:04:18 AM
Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

9/29/17 - $11,511 (First post in thread)
6/30/18 - $36,000
7/31/18 - $38,676
8/31/18 - $40,277
9/30/18 - $50,572
10/31/18 - $46,085
11/30/18 - $48,956
12/31/18 - $46,003
1/31/19 - $53,028
2/28/19 - $58,276
3/31/2019 - $67,340
4/30/2019 - $70,674.39

April Notes

Waaaay too spendy this month. Need to rein in during May.
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on May 01, 2019, 07:11:50 AM

2018
1/31 : (5949.05)
2/28 : (5288.30)
3/31 : (4273.93)
4/30 : (2592.07)
5/31 : (629.70)
6/30 : 1,206.77
7/31 : 2,703.97
8/31: 5,651.70
9/31: 8,039.01
10/31: 7,803.49
11/30: 9,531.28
12/31: 9,296.79

2019
1/31/19: 13,493.35
2/28/2019: 15,766.50
3/31/2019: 19,286


4/30/2019: 19,283

Very slightly down this month but it was expected. We welcomed our third child into the world this month and all of the hospital bills should be paid! So overall I call it a good month.

Congratulations to both katthjul and politenessman on graduating this thread. hopefully by the time I join the next one you guys will be ready to move out of that one as well!

Welcome to this thread Imma. good to see you here.
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on May 01, 2019, 08:12:50 AM
April 2019 Update
3/31/2017 (52,848.85) - Found MMM
3/31/2018 $(14,916.69) - 1 year in
3/31/2019 $9,917.20 - 2 years in
4/30/2019 $19,835.78 +9,918.58 increase

Baby Puglet has arrived and Maternity leave has started. I will be without income for a little while until my Short Term Disability kicks in so I imagine May is going to have a much smaller increase than most months.

Puglet! That's glorious! Congratulations!
Title: Re: Race from 10 to 100k!!
Post by: Apple_Tango on May 01, 2019, 09:11:56 AM
Net worth tracking:

05/01/19: $25,501

Only place to go is up from here!!! My goal is $100,000 by Jan 2021.
Title: Re: Race from 10 to 100k!!
Post by: catorbe on May 01, 2019, 12:40:48 PM
I broke $10,000 on 9/9/2018. I'm up to $25k as of 2/17/2019.


3/20/19: $26,600.

If all goes well i'll be at $30k by Mid May.

I sold some RSU's that weren't previously included in my NW calculation, and with a couple other small items (depositing gold dollars and getting a new bank account bonus) I will be at $30k. On 5/15/19 I will undoubtedly be over 30k (closer to $31-32k) and should continue going up from there!
Title: Re: Race from 10 to 100k!!
Post by: Sugaree on May 01, 2019, 01:59:21 PM
I'll play.  These numbers are based on what I have in my spreadsheet going back 5 year:


5/1/2015   $4419.53
5/1/2016   15689.46  <--Finally started to get my shit together
5/1/2017   34125.20
5/1/2018   51663.60  <--Found MMM sometime after this.
5/1/2019   64340.45
Title: Re: Race from 10 to 100k!!
Post by: fluffmuffin on May 03, 2019, 08:37:10 AM
Major congratulations on the puglet, @haypug16 !

March 14, 2019: 91,383.01
March 22, 2019: 96,571.66
April 12, 2019: 99,627.63
April 19, 2019: 100,517.92

May 3, 2019: 100,567.21

I'm only still in six figures because I updated a bunch of retirement accounts, which I only do erratically. I'll be out of the six figure club for a good long while as of the next update in, because that's when final payments for wedding vendors are going to start coming due.

Still managing the medical stuff without totally zeroing out my medical sinking fund, which has been good. I had put on my big girl pants to dispute some charges with my provider--any tips for managing US medical fuckery would be welcome. This is the first time as an adult that I've ever needed something more complicated than an annual well-woman exam or a round of antibiotics.
Title: Re: Race from 10 to 100k!!
Post by: adamsputnik on May 03, 2019, 10:00:36 AM
1/18/18 - 18,350.00
3/15/18 - 20,267.70
5/17/18 - 19,930.00
8/31/18 - 25,908.00
9/21/18 - 28,115.00
11/30/18 - 29,835.00
12/14/18 - 30,879.00
12/31/18 - 30,072.00
1/15/19 - 32,774.00
1/31/19 - 34,776.00
3/13/19 - 36,967.00
4/5/19 - 39,465.00
5/3/19 - 41,790.00

still recovering from paying off student loans and taxes. This a three-paycheck month, so providing the market keeps some sort of forward momentum, things will start building up nicely.
Title: Re: Race from 10 to 100k!!
Post by: ItsALongStory on May 03, 2019, 10:12:01 PM
Major congratulations on the puglet, @haypug16 !

March 14, 2019: 91,383.01
March 22, 2019: 96,571.66
April 12, 2019: 99,627.63
April 19, 2019: 100,517.92

May 3, 2019: 100,567.21

I'm only still in six figures because I updated a bunch of retirement accounts, which I only do erratically. I'll be out of the six figure club for a good long while as of the next update in, because that's when final payments for wedding vendors are going to start coming due.

Still managing the medical stuff without totally zeroing out my medical sinking fund, which has been good. I had put on my big girl pants to dispute some charges with my provider--any tips for managing US medical fuckery would be welcome. This is the first time as an adult that I've ever needed something more complicated than an annual well-woman exam or a round of antibiotics.

There was a choosefi podcast that had someone on who negotiated much of his medical debt down by disputing individual line items (like a $10 roll of TP). Might be worth a listen.
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on May 04, 2019, 01:04:26 PM
2018
Jan1 - 63.8k
Feb1 - 64.0k (+200)
Mar 1 - 65.0k (+1000)
Apr 1 -  65.4k (+400)
May 1 - 67.5k (+2100)
June 1 - 69.5k (+2000)
July 1 - 72.3k (+2800)
Aug 1 - 74.0k (+1700)
Sept 1 - 76.7k (+2700)
Oct 1 - 79.6k (+2900)
Nov 1 - 79.5k (-100)
Dec 1 - 81.8k (+2300)

2019
Jan 1 - 82.5k (+700)
Feb 1 - 86.6k (+4100)
Mar 1 - 89.7k (+3100)
Apr 1 - 91.3k (+1600)
May 1 - 90.9k (-400)

Would have been a better month but I booked some flights (for 3) for later this year.  Still on track to hit 100k by early or late fall depending a little what the market does. 
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on May 06, 2019, 01:46:46 AM
Aug 15: 5327 (found MMM)
Jan 16: 12700
Jan 17: 31444
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Apr 18: 75766
May 18: 77414
Jun 18: 81980
Jul 18: 82825
Aug 18: 82665
Sep 18: 84098
Oct 18: 85029
Nov 18: 85620
Dec 18: 88171
Jan 19: 88673
Feb 19: 90575
Mar 19: 91673
Apr 19: 93802
May 19: 95808

Less than 5k to go...
Title: Re: Race from 10 to 100k!!
Post by: Cezil on May 06, 2019, 07:38:04 AM
Dec-2016: $32,870.70
Dec-2017: $58,271.55   (+ 25,400.85)
Dec-2018: $72,493.16   (+ 14,221.61)

Jan-2019:    $81,866.77  (+ 9,373.61)
Feb-2019:   $87,222.31  (+ 5,355.54)
Mar-2019:   $88,865.95 (+ 1,643.64)


Apr-2019:   $93,050.94  (+ 4,184.99)

April was mostly just 401k + HSA contributions, and market growth.  I'm hoping that by August, I'll reach the $100K club (July is a stretch goal).  :)

One other super exciting thing as I look at these numbers: from Dec 2016 to Dec 2017, I grew about $25K.  From Dec 2018 to now (4 months), it's a positive change of over $20,500.  So I'm close to achieving what took me 1 year back then in about a half a year now.  Wow does that compounding snowball really matter!!  (And also increasing the pre-tax contributions ;) )
Title: Re: Race from 10 to 100k!!
Post by: fluffmuffin on May 06, 2019, 09:20:19 AM
There was a choosefi podcast that had someone on who negotiated much of his medical debt down by disputing individual line items (like a $10 roll of TP). Might be worth a listen.

Thanks, will check that out! My situation seems clear-cut (to me, a non-medical professional) and hopefully would not require that level of wizardry...but I'm sure there's a lot I could learn from that discussion.

And it looks like there's some great progress in this thread--lots of folks who should be getting there in the next couple of months!
Title: Re: Race from 10 to 100k!!
Post by: M5 on May 07, 2019, 11:34:52 AM
4/13/18: $14,324.67
12/27/18: $20,377.45
2/6/19: $27,927.20
3/1/19: $33,596.07
4/3/19: $57,285.55

5/7/19: $61,326.50
Title: Re: Race from 10 to 100k!!
Post by: twistedfirestarter on May 09, 2019, 04:27:23 AM


£24,041 Apr '17
£26,105 May '17
£28,229 Jun '17
£31,961 Jul '17
£34,902 Aug '17
£37,596 Sep '17
£41,756 Oct '17
£45,885 Nov '17
£49,200 Dec '17
£53,000 Jan '18
£55,765 Feb '18
£58,840 Mar '18
£61,802 Apr '18
£66,336 May '18
£70,866 Jun '18
£74,169 Jul '18
£78,963 Aug '18
£82,615 Sep '18
£79,540 Oct '18
£84,005 Nov '18
£87,300 Dec '18
£88,150 Jan '19
£90,813 Feb '19
£93,933 Mar ‘19
£99,661 Apr '19

£100,877 May '19

Whoop Whoop! Super happy with my progress and hitting this milestone. Wish I could share this with people in real life but will have to make do with posting it on here.

Thanks for all your support and I look forward to seeing you in the race to 250k
Title: Re: Race from 10 to 100k!!
Post by: cassafrass on May 09, 2019, 08:05:51 AM
2019
Jan 2019: 49,400
Feb 2019: 52,900
Mar 2019: 55,500
Apr 2019: 59,500

May 2019: 61,100 (+1600)

I hit some slowed momentum in April, but hoping to do better this month.

Lately, we've been spending a lot of time and money on the yard because when we moved into our house at the end of September, we had to have our backyard dug up to replace our sewer line. Now that it's springtime, we're buying weekly truckloads of topsoil/compost and bags of grass seed to try and get things functional and looking nice (a giant mud pit of a backyard with two preschoolers is no fun!). These expenses should subside soon so we can get back on track. And the bright side, I discovered that I really enjoy spending the weekends outside working in the yard.

Congrats @twistedfirestarter @politenessman and @katthjul for making it over the hump this month! Super inspiring!

Title: Re: Race from 10 to 100k!!
Post by: UnexpectedExpenseExpector on May 10, 2019, 02:59:59 PM
Wow so awesome to see so much progress for everyone!

Welcome to the thread @Imma and @AAM550

@haypug16 , Welcome to the thread and congratulations on your new little one!

@bcbaseballman Congratulations on welcoming baby #3 into the family

Way to go hitting debt freedom @zeli2033 , My wife and are are aiming to hit that milestone by mid June!  Must be very exciting!

And congratulations on your recent graduation @fluffmuffin , @twistedfirestarter , @katthjul , and @politenessman .  As of today we're less than $1,000 away from graduating but I don't officially track the numbers till end of month, so we'll have to see how the rest of May plays out.

That said here's the May update for the unexpected expense expector household:

2014 Jan: (129,703.05)
2015 Jan: (115,355.51)
2016 Jan: (82,545.00)
2017 Jan: 2,693.77
2018 Jan: 48,429.84

2019
January: 79,517.63
February: 87,532.51
March: 91,151.25
April: 95,594.61
...
2019 Jul: 100,000 (GOAL)

Sooo close to graduating!!  I also updated the spreadsheet. 
Title: Re: Race from 10 to 100k!!
Post by: jiimmy on May 18, 2019, 09:43:25 AM
I'm a little late to the party here. Hope to graduate to the next tread by the end of 2019:

1/1/2011 $7,457.97
1/1/2012 $17,228.76
1/1/2013 $40,480.11
1/1/2014 $39,129.08
1/1/2015 $52,439.23
1/1/2016 $51,321.29
1/1/2017 $40,381.29
1/1/2018 $48,063.59
1/1/2019 $62,472.51
Today, 5/18/2019: ~80k

2013 through 2017 included a lot of goofing off and very little paid work. Grand total of $240k gross earned income from 1/1/2011 through today. Now I'm back to the 9-5 life and making some real progress!
Title: Re: Race from 10 to 100k!!
Post by: UnexpectedExpenseExpector on May 18, 2019, 01:20:12 PM
Welcome to the party @jiimmy . Good luck on hitting your goal of graduating by 2019!
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on May 18, 2019, 01:27:13 PM
@jiimmy even between '11 and '17 that's pretty awesome progress for someone claiming to gooff off and do little paid work. At this pace you'll be graduated in no time!
Title: Re: Race from 10 to 100k!!
Post by: jiimmy on May 18, 2019, 03:00:58 PM
Welcome to the party @jiimmy . Good luck on hitting your goal of graduating by 2019!

Thank you for the warm welcome, and I see you're very close to graduating yourself, congrats! Six figures in the red to six figures in the black in just a few years is damn impressive.
Title: Re: Race from 10 to 100k!!
Post by: jiimmy on May 18, 2019, 03:13:13 PM
@jiimmy even between '11 and '17 that's pretty awesome progress for someone claiming to gooff off and do little paid work. At this pace you'll be graduated in no time!

Thank you! I spent a few years living the RE life before actually being FI :-)

Now I'm focused on getting there for real this time. It feels great watching the NW go in the correct direction!
Title: Re: Race from 10 to 100k!!
Post by: philli14 on May 18, 2019, 05:17:16 PM
I'm a little late to the party here. Hope to graduate to the next tread by the end of 2019:

1/1/2011 $7,457.97
1/1/2012 $17,228.76
1/1/2013 $40,480.11
1/1/2014 $39,129.08
1/1/2015 $52,439.23
1/1/2016 $51,321.29
1/1/2017 $40,381.29
1/1/2018 $48,063.59
1/1/2019 $62,472.51
Today, 5/18/2019: ~80k

2013 through 2017 included a lot of goofing off and very little paid work. Grand total of $240k gross earned income from 1/1/2011 through today. Now I'm back to the 9-5 life and making some real progress!

Welcome! Based on YTD growth seems like you're right on track.
Title: Re: Race from 10 to 100k!!
Post by: fluffmuffin on May 20, 2019, 08:01:45 AM
March 14, 2019: 91,383.01
March 22, 2019: 96,571.66
April 12, 2019: 99,627.63
April 19, 2019: 100,517.92
May 3, 2019: 100,567.21

May 20, 2019: 98,698.52

And so begins the downward turn, haha.

Good financial news: my dispute with the hospital was successful! All of the medical bills are PAID. And this is good financial news but a little more mixed on the personal side: just about everyone we've had to chase down for RSVPs for our wedding can't come. Fewer people = less money, but my fiance is pretty disappointed that some of the last-minute no folks won't be there.
Title: Re: Race from 10 to 100k!!
Post by: UnexpectedExpenseExpector on May 20, 2019, 03:11:38 PM
Welcome to the party @jiimmy . Good luck on hitting your goal of graduating by 2019!

Thank you for the warm welcome, and I see you're very close to graduating yourself, congrats! Six figures in the red to six figures in the black in just a few years is damn impressive.

Thank you!  We are pretty excited.  So long as there are no major fireworks in the market in the next week and a half it will very likely happen this month.
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on May 24, 2019, 06:27:50 AM
Tracking net worth.

EOY 12.2016 - (-£10,250)
EOY 12.2017 - £4,360
EOY 12.2018 - £40,620
01.2019 - £42,662 (+2,042)
02.2019 - £43,796 (+1,134)
03.2019 - £44,582 (+786)
04.2019 - £49,305 (+4,723)
05.2019 - £51,853 (+2,548)
06.2019 - £52,723 (+870)

Assets = £60,012
Student loans = (£7,289)
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on May 24, 2019, 07:07:56 AM
Dec 2017 €14.300
June 2018 €23.300 (+9k over 6 months)
Dec 2018 €35.600 (+13.3k over 6 months)
Jan 2019 €39.000 (+3.400)
Feb 2019 €40.700 (+1.700)
Mar 2019 €42.400 (+1.700)
Apr 2019 €44.900 (+2.500)
May 2019 €46.200 (+1.300)

Double paycheck month, yet my stocks have dropped around €1000 and I prepaid €500 for work travel so it's hard to see it. €50k by next month will be pretty much impossible unless the market bounces back up like crazy, but July/Aug is still feasible!
Title: Re: Race from 10 to 100k!!
Post by: arob54600 on May 24, 2019, 08:46:51 AM
Haven't posted in a while, still working on it!
Good luck ya'll!!

End of November 17-  41195
End of December 17-  42526
End of January 18-     47966
End of February 18-    47104
End of May 18 -          48521
End of July 18 -          53000
End of August 18-       55866
End of September 18- 57315
End of October 18-     54534
End of January 19-     57389
End of May 2019-       62331

Title: Re: Race from 10 to 100k!!
Post by: Serendip on May 25, 2019, 10:59:47 AM
Dec '17    18,146
Jan '18     23,607
Feb '18     27,000
Mar '18     29,008
Apr '18     30,100
May '18    35,030
Jun '18     36,700
July '18    39,000
Aug '18    40,150
Sep '18    42,500
Oct '18     43,300
Nov '18    44,500
Dec '18    48,380
Jan '19     51,210
Feb '19     53,000
Mar '19     55,075
Apr '19     53,065
May '19    54,008

Feeling as if I've stalled out since January, owed a lot extra for taxes and we just found out our kitchen needs a pretty major renovation due to long-standing leak under the sink. Will keep slowly but surely plugging away!
Title: Re: Race from 10 to 100k!!
Post by: lexde on May 25, 2019, 07:56:28 PM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46
3/1/2019: $44,391.15
3/15/2019: $45,689.39
3/31/2019: $48,303.11

05/25/2019: $53,145.15

It's apparently been a while since I posted, oops. I've had a lot going on, but have continued to have a steady upward trajectory so all is good.
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on May 31, 2019, 08:15:05 AM
May 2018 - $14,592
August 2018 - $19,246
September 2018 - $20,031
October 2018 - $19,301
November 2018 - $20,523
December 2018 - $20,923
January 2019 - $21,742
February 2019 - $23,933
March 2019 - $25,416
April 2019 - $26,812

May 2019 - $26,575 

Darn stock market.  Let's hope for a better June!
Title: Re: Race from 10 to 100k!!
Post by: philli14 on May 31, 2019, 09:12:13 AM
1/10/18: 43,071
1/11/18: 46,223 (+3152)
1/12/18: 50,605 (+4382)
1/01/19: 57,786 (+7181)
1/02/19: 65,133 (+7347)
1/03/19: 71,695 (+6562)
1/04/19: 77,573 (+5878)
1/05/19: 86,088 (+8515)
1/06/19: 86,749 (+0661)

Well I certainly jinxed it last month.. The market completely wiped out the savings I managed to have this month. I guess in another way of looking at it, I managed to offset a tough market month through some great savings (glass half full).

Goal remains 100k before 2020.
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on May 31, 2019, 09:18:24 AM
8/31/18: $12,784
9/17/18: $14,547
9/28/18: $22,476
10/15/18: $24,956
10/31/18: $27,980
11/15/18: $30,081
11/30/18: $36,219
12/31/18: $36,235
1/15/19: $44,961
1/31/19: $52,928
2/16/19: $57,672
2/28/19: $61,806
3/16/19: $64,611
3/29/19: $72,482
4/15/19: $76,177
4/30/19: $99,041
5/31/19: $96,807 (-2234)

May was a bit spendy making some large donations and purchases in preparation for baby, and markets are doing whatever they're doing. Hoping that come this summer I can officially graduate the thread but we'll see what happens.
Title: Re: Race from 10 to 100k!!
Post by: Imma on May 31, 2019, 10:04:27 AM
April 2019: €10094.35
May 2019:  €11629.87

Goals for 2019:
Savings: €5000
Investments: €10000

Depending on what the market is doing and how cooperative my neighbours are, I might temporarily dip under 10k next month. We need to do some yardwork and fix some fencing. The current fencing was severely damaged in a storm. We've been negotiating with both sets of neighbours for 1,5 years and I think everyone is on board with the plans now, but I'm not entirely sure they'll pay up in the end. We've decided we're going to replace it now and we no longer care whether they help out or pay.
Title: Re: Race from 10 to 100k!!
Post by: Tass on May 31, 2019, 10:47:31 AM
Well I certainly jinxed it last month.. The market completely wiped out the savings I managed to have this month. I guess in another way of looking at it, I managed to offset a tough market month through some great savings (glass half full).

And everything you saved got to be invested for cheap!

I'm in about the same boat - I saved $1350 this month and my NW increased by $200. As long as we're still moving forward!

Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k
Dec 18$22.4k
Jan 19$24.7k
Feb 19$27.2k
Mar 19$29.3k
Apr 19$31.3k

May 19: $31.5k

Only $315 to go to fill up my Roth!
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on May 31, 2019, 05:43:46 PM
I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big. My checking account is also not included as it has money I will likely spend this month. Goal for 2019 is to make it to $45K.

Net worth:
Dec2017:$7800
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658
Nov2018: $23,948 (+$290)
Dec2018: $23,960 (+12)
Jan2019: $27,100 (+3140)
Feb2019:$29,443 (+2343)
Mar2019: $31,603 (+2160)
Apr2019: $33,959 (+2356)

May-$33,933 (-$26)- I put in the usual amount of money, so I guess stocks must be on sale?
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on June 01, 2019, 07:59:20 AM
Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

9/29/17 - $11,511 (First post in thread)
6/30/18 - $36,000
7/31/18 - $38,676
8/31/18 - $40,277
9/30/18 - $50,572
10/31/18 - $46,085
11/30/18 - $48,956
12/31/18 - $46,003
1/31/19 - $53,028
2/28/19 - $58,276
3/31/2019 - $67,340
4/30/2019 - $70,674
5/31/2019 - $69,853

May Notes

Trimmed my expenses by $1K from last month, but the bloodbath in the markets resulted in my first negative month since last December. Ohh well.
Title: Re: Race from 10 to 100k!!
Post by: peppermint on June 01, 2019, 10:04:53 AM
01/2018: $40796.81
02/2018: $41337.51
03/2018: $42682.42
04/2018: $46138.41
05/2018: $48761.77
06/2018: $51084.06
07/2018: $56155.54
08/2018: $55622.63
09/2018: $62036.49
10/2018: $64543.48
11/2018: $63002.61
12/2018: $65136.29
01/2019: $64776.35
02/2019: $69347.10
03/2019: $71885.58
04/2019: $74177.34
05/2019: $76475.71
06/2019: $77621.20

Net gain overall, but the market hurt me too.
Title: Re: Race from 10 to 100k!!
Post by: Lamancha on June 01, 2019, 04:53:52 PM
Nov 2018- $23,000
Dec 2018- $26,000
Jan 2019- $29,000
Feb 2019- $36,000
March 2019- $40,000
April 2019- $43,000
May 2019- $48,000
June 2019- $54,000
Title: Re: Race from 10 to 100k!!
Post by: zygote on June 02, 2019, 10:25:19 AM
For context: I'm 29 in a HCOL city. I'm married, but these are my own numbers since we keep our finances separate. Includes cash, retirement, and credit cards, which are used for normal expenses and paid off in full every month.

3/18: $48,533.91
4/18: $53,215.13 (+4,681.22 - extra paycheck)
5/18: $55,433.65 (+2,218.52)
6/18: $57,041.95 (+1,572.27)
7/18: $59,753.49 (+2,711.54)
8/18: $63,816.19 (+4,062.70)
9/18: $70,101.27 (+6,285.08 - extra paycheck)
10/18: $73,538.91 (+3,437.64)
11/18: $69,595.61 (-3,943.30)
12/18: $73,126.64 (+3,531.03)
1/19: $69,733.94 (-2,712.15)
2/19: $78,918.09 (+9,184.15 - extra paycheck)
3/19: $83,762.93 (+4,844.84)
4/19: $86,925.57 (+3,162.64)
5/19: $92,839.14 (+5,913.57)
6/19: $90,415.30 (-2,423.84)

I saved the normal amount this month, but got clobbered in the market. Meh. It'll go back up. I still suspect I'll hit $100k this year, fingers crossed.
Title: Re: Race from 10 to 100k!!
Post by: AAM550 on June 02, 2019, 01:10:43 PM
Just discovered MMM and this is my first post here. It's really inspiring seeing all the awesome stories here and the healthy mentality about money and spending. I'm not sure what the correct format for here is but i'll just go ahead and splatter all the info that seems pertinent and then update next month and refine over time.

Income - 9,648.82 ( $2430.14 from full time employment / $6618.66 from part time job / $600 in rent )
Spending - $3,028.07

Cash- $8,676.52
401(k)- $16,055.13

Mortgage - $143,320.46 at 3.25 % Interest

Please let me know if you have any tips or tweaks to help me along!

May Data

Income - $3914.39 ( $3314.39 from full time employment / $0.00 from part time job / $600 in rent )
Spending - $3,367.90 (1948.54 From Travel)

Cash- $10,784.35
401(k)- $15,805.27
State Retirement Account - $8,530.54

Mortgage - $143,589.34 at 3.25 % Interest

Total Estimated Net Worth $35,120.16


Some details that stand out from this past month. My part time job (Realtor) produced nothing this month, however I have a couple closings coming up and am well on the way to my yearly goal, so that is fine. My spending IS higher than last month, however there are a few major life expenditures that are catching me at the moment (engagement ring, travel) that actually will cost me around $4,500 over the next two months. All that to say, beyond the actual huge expense of plane tickets my daily spending habits changed from $3,028.07 to 1,419.36 in the month. There were a lot of things I spent money on that were unnecessary but I feel like I've made a HUGE step forward with this spending decrease. Oh also I discovered I had an extra retirement account with $8,530.54 in it... so that was cool :)

See y'all next month.

Title: Re: Race from 10 to 100k!!
Post by: ItsALongStory on June 02, 2019, 01:41:22 PM
Just discovered MMM and this is my first post here. It's really inspiring seeing all the awesome stories here and the healthy mentality about money and spending. I'm not sure what the correct format for here is but i'll just go ahead and splatter all the info that seems pertinent and then update next month and refine over time.

Income - 9,648.82 ( $2430.14 from full time employment / $6618.66 from part time job / $600 in rent )
Spending - $3,028.07

Cash- $8,676.52
401(k)- $16,055.13

Mortgage - $143,320.46 at 3.25 % Interest

Please let me know if you have any tips or tweaks to help me along!

May Data

Income - $3914.39 ( $3314.39 from full time employment / $0.00 from part time job / $600 in rent )
Spending - $3,367.90 (1948.54 From Travel)

Cash- $10,784.35
401(k)- $15,805.27
State Retirement Account - $8,530.54

Mortgage - $143,589.34 at 3.25 % Interest

Total Estimated Net Worth $35,120.16


Some details that stand out from this past month. My part time job (Realtor) produced nothing this month, however I have a couple closings coming up and am well on the way to my yearly goal, so that is fine. My spending IS higher than last month, however there are a few major life expenditures that are catching me at the moment (engagement ring, travel) that actually will cost me around $4,500 over the next two months. All that to say, beyond the actual huge expense of plane tickets my daily spending habits changed from $3,028.07 to 1,419.36 in the month. There were a lot of things I spent money on that were unnecessary but I feel like I've made a HUGE step forward with this spending decrease. Oh also I discovered I had an extra retirement account with $8,530.54 in it... so that was cool :)

See y'all next month.
Odd that your mortgage balance would have gone up month over month. Might wanna double check the may number.

Sent from my Pixel 2 XL using Tapatalk

Title: Re: Race from 10 to 100k!!
Post by: haypug16 on June 02, 2019, 02:29:42 PM
May 2019 Update
3/31/2017 (52,848.85) - Found MMM
3/31/2018 $(14,916.69) - 1 year in
3/31/2019 $9,917.20 - 2 years in
4/30/2019 $19,835.78
5/31/2019 $29,498.65 +9,662.87 increase

June will most likely show a decrease unless the market makes up for the lack of income this month. I'll be heading back to work mid July and I'll be happy to see money coming in and going towards my 401k.
Title: Re: Race from 10 to 100k!!
Post by: vertkurt on June 02, 2019, 06:45:18 PM
1/1/18= 14,705
2/1/18= 18,264
3/1/18= 21,225
4/1/18= 22,741
5/1/18= 26,020
6/1/18= 28,987
7/1/18= 31,457
8/1/18= 34,642
9/1/18= 37,413
10/1/18= 41,426
11/1/18= 37,475
12/1/18= 44,300
1/1/19= 46,862
2/1/19= 53,310
3/1/19 = 59,800
4/1/19 = 63,705
5/1/19= 70,328
6/1/19= 70,187
Title: Re: Race from 10 to 100k!!
Post by: Sugaree on June 03, 2019, 04:56:09 AM
5/1/2015   $4419.53
5/1/2016   15689.46 
5/1/2017   34125.20
5/1/2018   51663.60 
5/1/2019   64340.45
6/3/2019   64940.28



Not a great month.  The only thing that kept me moving in the positive direction was making some larger-than-minimum payments on a loan.  Retirement accounts did go down about $150, but I'm not worried about those yet.
Title: Re: Race from 10 to 100k!!
Post by: Old Ball Coach on June 03, 2019, 06:42:48 AM
his includes all our retirement and personal accounts for assets. It includes our credit cards, student loan, and mortgage for liabilities. It DOES NOT include our home value.

April 2018 - $52,917.42
May 2018  - $58,400.19
June 2018 - $59,686.34
July 2018  - $65,798.53
Aug 2018 - $72,231.70
Sept 2018 - $76,755.71
Oct 2018 -  $64,348.89
Nov 2018 - $70,839.76
Dec 2018 - $58,351.73
Jan 2019 - $78,256.31
Feb 2019 - $87,795.97
Mar 2019 - $67,121.29
Apr 2019 - $75,155.85
May 2019 - $63,243.68

Ouch. Really tough month in the market. Also a pretty substantial medical bill I am paying.

Oh well, just keep putting money away..
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on June 03, 2019, 07:33:10 AM

2018
1/31 : (5949.05)
2/28 : (5288.30)
3/31 : (4273.93)
4/30 : (2592.07)
5/31 : (629.70)
6/30 : 1,206.77
7/31 : 2,703.97
8/31: 5,651.70
9/31: 8,039.01
10/31: 7,803.49
11/30: 9,531.28
12/31: 9,296.79

2019
1/31/19: 13,493.35
2/28/2019: 15,766.50
3/31/2019: 19,286
4/30/2019: 19,283


5/31/2019: 18,676

Same as many of you other guys markets hurt my networth but still invested and bought some more shares. I did pay off almost 1,500 worth of debt thought so that is good.
Title: Re: Race from 10 to 100k!!
Post by: paulkots on June 04, 2019, 05:59:52 AM
11/26/17: $47,707.48
06/22/18: $72,953.75
07/27/18: $71,676.31
08/23/18: $65,034.83
10/04/17: $63,306.87
10/26/18: $64,270.98
11/27/18: $66,467.65
12/26/18: $66,160.59
01/28/18: $64,688.44
03/25/19: $63,325.75
04/24/19: $65,022.87

Didn't have much expenses this month so I booked future planned trips, hotels, tickets and entertainment since the CC was lower than usual.

06/04/19: $63,056.67

Did a Memorial Day roadtrip. Bought some parts for project car and also finished buying all the parts for 100k mile maintenance on my daily. Expenses were up for wine/food/going out. Also bought camping gear for my upcoming July roadtrip. Quarterly taxes were also paid.
Title: Re: Race from 10 to 100k!!
Post by: Optimiser on June 04, 2019, 09:14:33 AM
Mar 2019 $14,000
Apr 2019 $12,700

May 2019 $9,500

More investment declines. I know it's only temporary, but I don't like seeing things move that direction.
Title: Re: Race from 10 to 100k!!
Post by: catorbe on June 04, 2019, 09:46:15 AM
I broke $10,000 on 9/9/2018. I'm up to $25k as of 2/17/2019.


3/20/19: $26,600.

If all goes well i'll be at $30k by Mid May.

 On 5/15/19 I will undoubtedly be over 30k (closer to $31-32k) and should continue going up from there!

Well 5/15/19 put me just barely over, and then life continues and the market didn't help me so I went back under. Got paid again at end of month and now with most bills settling in the last 2 days I'm strong set at $30,500 with no large anticipated expenses prior to more paychecks coming in. Given today is looking good >+1% to market. I'm thinking we'll be just fine to staying >30,000!
Title: Re: Race from 10 to 100k!!
Post by: philli14 on June 04, 2019, 01:32:30 PM
Mar 2019 $14,000
Apr 2019 $12,700

May 2019 $9,500

More investment declines. I know it's only temporary, but I don't like seeing things move that direction.

Just curious, what are you invested in that you saw a ~25% drop?
Title: Re: Race from 10 to 100k!!
Post by: Tass on June 04, 2019, 07:33:26 PM
Mar 2019 $14,000
Apr 2019 $12,700

May 2019 $9,500

More investment declines. I know it's only temporary, but I don't like seeing things move that direction.

Just curious, what are you invested in that you saw a ~25% drop?

I've no idea what Optimiser's situation is, but it's possible that they have both large assets and large debts (like if they're counting a mortgage), and the drop therefore represents a much smaller percentage of their assets than of their NW.
Title: Re: Race from 10 to 100k!!
Post by: philli14 on June 04, 2019, 08:10:54 PM
Mar 2019 $14,000
Apr 2019 $12,700

May 2019 $9,500

More investment declines. I know it's only temporary, but I don't like seeing things move that direction.

Just curious, what are you invested in that you saw a ~25% drop?

I've no idea what Optimiser's situation is, but it's possible that they have both large assets and large debts (like if they're counting a mortgage), and the drop therefore represents a much smaller percentage of their assets than of their NW.

Didn't consider that.. That makes perfect sense. Thanks @Tass
Title: Re: Race from 10 to 100k!!
Post by: Cezil on June 05, 2019, 09:52:47 AM
Quote
Dec-2016: $32,870.70
Dec-2017: $58,271.55   (+ 25,400.85)
Dec-2018: $72,493.16   (+ 14,221.61)

Jan-2019:    $81,866.77  (+ 9,373.61)
Feb-2019:   $87,222.31  (+ 5,355.54)
Mar-2019:   $88,865.95 (+ 1,643.64)
Apr-2019:   $93,050.94  (+ 4,184.99)


May-2019:  $91,719.70  ( - $1,331.24)

Consistent 401k + HSA contributions + an extra paycheck this month, and market decline, hence the drop.  Things were bought on sale.  I'm not worried.  I'm still aiming for an August graduation.. :)
Title: Re: Race from 10 to 100k!!
Post by: Optimiser on June 05, 2019, 02:22:03 PM
Mar 2019 $14,000
Apr 2019 $12,700

May 2019 $9,500

More investment declines. I know it's only temporary, but I don't like seeing things move that direction.

Just curious, what are you invested in that you saw a ~25% drop?

I've no idea what Optimiser's situation is, but it's possible that they have both large assets and large debts (like if they're counting a mortgage), and the drop therefore represents a much smaller percentage of their assets than of their NW.

This is correct. My investments themselves were only down 4.5%, but my net worth is lower than my investment balance because of student loans.
Title: Re: Race from 10 to 100k!!
Post by: benoitor on June 07, 2019, 02:49:03 AM
Quote
Dec 2017 €14.300
June 2018 €23.300 (+9k over 6 months)
Dec 2018 €35.600 (+13.3k over 6 months)
Jan 2019 €39.000 (+3.400)
Feb 2019 €40.700 (+1.700)
Mar 2019 €42.400 (+1.700)
Apr 2019 €44.900 (+2.500)
May 2019 €46.200 (+1.300)

Glad to see some fellow Europeans here! (French as well maybe?)
FIRE can be quite depressing if you start to compare yourself with North American workers.

Anyway, joining the race!
Here are my numbers:
03-18: 30 951€
04-18: 31 766€ (+800)
05-18: 32 733€ (+960)
06-18: 34 641€ (+1900)
07-18: 35 969€ (+1300)
08-18: 36 980€ (+1000)
09-18: 37 257€  (+270)
10-18: 38 076€ (+820)
11-18: 40 317€ (+2200)
12-18: 40 646€ (+320)

01-19: 42 955€ (+2300)
02-19: 44 430€ (+1470)
03-19: 46 932€ (+2500)
04-19: 51 394€ (+4460)
05-19: 58 045€ (+6600)
06-19: 59 370€ (+1300)


This 2019 year has started very nicely, with a good bonus in March and May.
Hoping to do as good the rest of the year!
Title: Re: Race from 10 to 100k!!
Post by: lexde on June 07, 2019, 11:10:52 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46
3/1/2019: $44,391.15
3/15/2019: $45,689.39
3/31/2019: $48,303.11
05/25/2019: $53,145.15

06/07/2019: $54,674.68

(https://uploads.tapatalk-cdn.com/20190608/770b398612081bcb77c4e9ef7938680f.jpg)

Big purchase last month kept my NW from jumping but I’m back on track and ready for the gains!

Only up about $15.5k this year so far so I need to flip it onto high gear and hope for some market gains to make my goals for 2019. I’ve got this, though. Increased my contributions from $400 (rIRA) to $400 + $400 (taxable) since I’m not eligible for a 401k at this job yet. Doing what I can for now.
Title: Re: Race from 10 to 100k!!
Post by: vertkurt on June 07, 2019, 08:06:37 PM
^
Been reading through everyone's progress for May and most of us didn't go anywhere because of the market drop, so don't feel bad.
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on June 08, 2019, 06:50:36 AM
Aug 15: 5327 (found MMM)
Jan 16: 12700
Jan 17: 31444
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Apr 18: 75766
May 18: 77414
Jun 18: 81980
Jul 18: 82825
Aug 18: 82665
Sep 18: 84098
Oct 18: 85029
Nov 18: 85620
Dec 18: 88171
Jan 19: 88673
Feb 19: 90575
Mar 19: 91673
Apr 19: 93802
May 19: 95808
Jun 19: 97470

I should have been able to bank more, seeing as I had my holiday bonus. Truth is, I had a horrible few weeks personally - I've been out sick for 7 weeks now. So I had some fun with my bonus. Mind, I'd already allocated my bonus, I was going to divide it between a small extra mortgage payments and a big portion investing. Instead I gave up control and let it hang loose. I've been doing some retail therapy... new phone, vacuum, sun screen for my living room... it was 'necessary' in the sense that my old phone was broken and the screen and vacuum were near breaking. But I did buy the nicer, more expensive version than I normally would have. Hellooo Dyson stick vacuum. I did order a lot of food instead of cooking. Also on the list: 600 in donations and gifts. Not necessary... but damn it felt nice.
 
Still ahead, but significantly less than I wanted to be. I could've been over 99k now. To curb my spending, I did make an extra mortgage payment of 2500. Far from a perfect month, but whatever.
 
Gonna pat myself on the back because: 1) I have saved diligently for years so I can blow 2k and still come out ahead. 2) my frugality muscle is so well trained that I 'splurged' on items that I truly needed to replace, just got the nicer version, so that's only a small face punch. Yes, yes, punch me for ordering food, I deserve that. 3) Splurged with donations, also still did an extra mortgage payment. Can't face punch myself for that. 4) I let go of control of my spending in a miserable month, don't really beat myself up about it.
 
Sorry for rambling... point is: it'll be fine, it was refreshing to give up control.
Title: Re: Race from 10 to 100k!!
Post by: Imma on June 08, 2019, 08:25:41 AM
All in all you're still doing well @Nederstash and you'll be at 100k soon enough. Imo a Dyson is truly worth the money - I think it's the most expensive appliance in my house and one of the few I bought new but I've had it for 4 years now and it's still just as good as the first time I used IT. Usually vacuums become less powerful over time. I expect it to last a lot more years.
Title: Re: Race from 10 to 100k!!
Post by: eav on June 09, 2019, 08:13:01 PM
Finally joining this race!
25F

June '19: $52,951

Here we goooooo!
Title: Re: Race from 10 to 100k!!
Post by: haypug16 on June 10, 2019, 07:44:28 AM
*Revised May 2019 Update
3/31/2017 (52,848.85) - Found MMM
3/31/2018 $(14,916.69) - 1 year in
3/31/2019 $9,917.20 - 2 years in
4/30/2019 $19,835.78
5/31/2019 $21,498.65 (+1,662.87 increase)

Typo in one of my asset accounts. I knew my original number was too good to be true.
Title: Re: Race from 10 to 100k!!
Post by: M5 on June 10, 2019, 11:22:25 AM
4/13/18: $14,324.67
12/27/18: $20,377.45
2/6/19: $27,927.20
3/1/19: $33,596.07
4/3/19: $57,285.55
5/7/19: $61,326.50

6/10/19: $62,992.97
Title: Re: Race from 10 to 100k!!
Post by: UnexpectedExpenseExpector on June 10, 2019, 03:09:44 PM
Here's the June update for the unexpected expense expector household:

2014 Jan: (129,703.05)
2015 Jan: (115,355.51)
2016 Jan: (82,545.00)
2017 Jan: 2,693.77
2018 Jan: 48,429.84

2019
January: 79,517.63
February: 87,532.51
March: 91,151.25
April: 95,594.61
May: 97,569.98
...
2019 Jul: 100,000 (GOAL)

A decent gain considering the overall market in May.  I also updated the spreadsheet.
Title: Re: Race from 10 to 100k!!
Post by: FIRE_guy on June 11, 2019, 01:12:01 AM
Here's the June update for the unexpected expense expector household:

2014 Jan: (129,703.05)
2015 Jan: (115,355.51)
2016 Jan: (82,545.00)
2017 Jan: 2,693.77
2018 Jan: 48,429.84

2019
January: 79,517.63
February: 87,532.51
March: 91,151.25
April: 95,594.61
May: 97,569.98
...
2019 Jul: 100,000 (GOAL)

A decent gain considering the overall market in May.  I also updated the spreadsheet.
Wow - a 18k swing since January?
Title: Re: Race from 10 to 100k!!
Post by: UnexpectedExpenseExpector on June 12, 2019, 03:14:19 PM
Here's the June update for the unexpected expense expector household:

2014 Jan: (129,703.05)
2015 Jan: (115,355.51)
2016 Jan: (82,545.00)
2017 Jan: 2,693.77
2018 Jan: 48,429.84

2019
January: 79,517.63
February: 87,532.51
March: 91,151.25
April: 95,594.61
May: 97,569.98
...
2019 Jul: 100,000 (GOAL)

A decent gain considering the overall market in May.  I also updated the spreadsheet.
Wow - a 18k swing since January?

Yup! A big part of that is that we've paid off just shy of 20k in student loan debt since January (the last 3,888.78 will be gone soon).  And we've still been pushing some into tax advantaged accounts so that's helped slow down the decrease from the market correction.  It helps to have a wife who shares my frugality, a big income, and a high savings rate.

Title: Re: Race from 10 to 100k!!
Post by: catorbe on June 13, 2019, 11:12:27 PM
I broke $10,000 on 9/9/2018. I'm up to $25k as of 2/17/2019.

With my paycheck tomorrow and the recent gains in market i'm around 32650 after a few minor expenses are paid out in the next few days. So 4 months since 25k and i'm at 32650. A change of 7650 / 4 is about 1912 a month.
Title: Re: Race from 10 to 100k!!
Post by: adamsputnik on June 14, 2019, 06:39:27 PM
1/18/18 - 18,350.00
3/15/18 - 20,267.70
5/17/18 - 19,930.00
8/31/18 - 25,908.00
9/21/18 - 28,115.00
11/30/18 - 29,835.00
12/14/18 - 30,879.00
12/31/18 - 30,072.00
1/15/19 - 32,774.00
1/31/19 - 34,776.00
3/13/19 - 36,967.00
4/5/19 - 39,465.00
5/3/19 - 41,790.00
6/7/19 - 44,852.00

Three paycheck month last month helped a bit, and the 401k contributions are really starting to have an impact.
Title: Re: Race from 10 to 100k!!
Post by: iamthepinky on June 14, 2019, 08:31:10 PM
September 1 2018 -  $ 10,182.02

October 1 2018 -  $ 14,632.57

November 1 2018 -  $ 16,671.27

December 1 2018 -  $ 23,468.48

January 1 2019 -  $ 30,900.13

February 1 2019 -  $ 34,820.54

March 1 2019 -  $ 40,959.03

April 1 2019 -  $ 48,963.23

May 1 2019 -  $ 49,324.37  (giant tax bill)

June 1 2019 -  $ 54,756.42

This is my partner's and my combined net worth. He is currently about 50k behind me. He's in debt repayment phase and I have been saving aggressively for some time.
Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on June 14, 2019, 09:49:49 PM
8/31/18: $12,784
9/17/18: $14,547
9/28/18: $22,476
10/15/18: $24,956
10/31/18: $27,980
11/15/18: $30,081
11/30/18: $36,219
12/31/18: $36,235
1/15/19: $44,961
1/31/19: $52,928
2/16/19: $57,672
2/28/19: $61,806
3/16/19: $64,611
3/29/19: $72,482
4/15/19: $76,177
4/30/19: $99,041
5/31/19: $96,807
6/14/19: $100,709 (+3902)

Well this was a surprise to see this morning. Although we're a little heavy on the cash side right now and we have some significant purchases coming up that will deplete our funds over the next couple weeks. I'll probably stay in this thread until after next paycheck (or two) to see where we've truly netted out and to make sure we're actually ready fo the next race.

Either way, we're pretty stoked to have seen 100k NW for the first time ever!
Title: Re: Race from 10 to 100k!!
Post by: philli14 on June 15, 2019, 08:50:07 AM
8/31/18: $12,784
9/17/18: $14,547
9/28/18: $22,476
10/15/18: $24,956
10/31/18: $27,980
11/15/18: $30,081
11/30/18: $36,219
12/31/18: $36,235
1/15/19: $44,961
1/31/19: $52,928
2/16/19: $57,672
2/28/19: $61,806
3/16/19: $64,611
3/29/19: $72,482
4/15/19: $76,177
4/30/19: $99,041
5/31/19: $96,807
6/14/19: $100,709 (+3902)

Well this was a surprise to see this morning. Although we're a little heavy on the cash side right now and we have some significant purchases coming up that will deplete our funds over the next couple weeks. I'll probably stay in this thread until after next paycheck (or two) to see where we've truly netted out and to make sure we're actually ready fo the next race.

Either way, we're pretty stoked to have seen 100k NW for the first time ever!

Congrats!!!
Title: Re: Race from 10 to 100k!!
Post by: ItsALongStory on June 15, 2019, 09:11:19 AM
8/31/18: $12,784
9/17/18: $14,547
9/28/18: $22,476
10/15/18: $24,956
10/31/18: $27,980
11/15/18: $30,081
11/30/18: $36,219
12/31/18: $36,235
1/15/19: $44,961
1/31/19: $52,928
2/16/19: $57,672
2/28/19: $61,806
3/16/19: $64,611
3/29/19: $72,482
4/15/19: $76,177
4/30/19: $99,041
5/31/19: $96,807
6/14/19: $100,709 (+3902)

Well this was a surprise to see this morning. Although we're a little heavy on the cash side right now and we have some significant purchases coming up that will deplete our funds over the next couple weeks. I'll probably stay in this thread until after next paycheck (or two) to see where we've truly netted out and to make sure we're actually ready fo the next race.

Either way, we're pretty stoked to have seen 100k NW for the first time ever!

Awesome progress! Looking forward to see you join the 100->250 thread.
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on June 15, 2019, 01:55:17 PM
2018
Jan1 - 63.8k
Feb1 - 64.0k (+200)
Mar 1 - 65.0k (+1000)
Apr 1 -  65.4k (+400)
May 1 - 67.5k (+2100)
June 1 - 69.5k (+2000)
July 1 - 72.3k (+2800)
Aug 1 - 74.0k (+1700)
Sept 1 - 76.7k (+2700)
Oct 1 - 79.6k (+2900)
Nov 1 - 79.5k (-100)
Dec 1 - 81.8k (+2300)

2019
Jan 1 - 82.5k (+700)
Feb 1 - 86.6k (+4100)
Mar 1 - 89.7k (+3100)
Apr 1 - 91.3k (+1600)
May 1 - 90.9k (-400)
June 1 - 90.6k (-300)

Only just remembered to update this.  Both April and May were slightly down months, had a lot of extra expenses.  I've vowed to sell off some stuff I don't need this month let's see how that pans out in a few weeks

Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on June 16, 2019, 08:33:54 AM
Congrats, @zeli2033!!  I have to admit I'm always a little jealous of those of you who graduate so quickly.  Nice job!!
Title: Re: Race from 10 to 100k!!
Post by: ItsALongStory on June 16, 2019, 10:02:44 AM
Congrats, @zeli2033!!  I have to admit I'm always a little jealous of those of you who graduate so quickly.  Nice job!!
Hadn't picked up on that. +90k in less than a year is pretty darn impressive indeed.

Sent from my Pixel 2 XL using Tapatalk

Title: Re: Race from 10 to 100k!!
Post by: zeli2033 on June 16, 2019, 10:38:28 AM
Thanks for the congrats, everyone! We're thrilled about the progress and we couldn't have done it without being inspired by everyone else's progress being reported here!
Title: Re: Race from 10 to 100k!!
Post by: TerrierTown on June 16, 2019, 12:59:36 PM
Hi all, first post!

06/2019 Assets: £137,542 Liabilities £93,430 NW £44,112
           
Title: Re: Race from 10 to 100k!!
Post by: GeekyGirl on June 17, 2019, 07:02:34 AM
Hello all,

Getting back slowly in the race after almost a year of maternity (paid) + parental leave (unpaid). Hoping to pass the 50K bar by the end of this year. Everything is slower in Europe but then I had 6 months of paid maternity leave so I can't complain a lot.

Jan 17, 2017:  € 12,138 
Feb 06, 2017:  € 16,720
Apr 04, 2017:  € 23,400
Oct 23, 2017:  € 27,680

Jan 07, 2019:  € 36,415
Jun 17, 2019:  € 46,385
Title: Re: Race from 10 to 100k!!
Post by: TerrierTown on June 17, 2019, 12:33:39 PM
Hi all, first post!

06/2019 Assets: £137,542 Liabilities £93,430 NW £44,112
           

Welcome @TerrierTown

Thanks! I'm hoping this will help me to appreciate how far I've come and keep me going!
Title: Re: Race from 10 to 100k!!
Post by: UnexpectedExpenseExpector on June 17, 2019, 03:53:58 PM
8/31/18: $12,784
9/17/18: $14,547
9/28/18: $22,476
10/15/18: $24,956
10/31/18: $27,980
11/15/18: $30,081
11/30/18: $36,219
12/31/18: $36,235
1/15/19: $44,961
1/31/19: $52,928
2/16/19: $57,672
2/28/19: $61,806
3/16/19: $64,611
3/29/19: $72,482
4/15/19: $76,177
4/30/19: $99,041
5/31/19: $96,807
6/14/19: $100,709 (+3902)

Well this was a surprise to see this morning. Although we're a little heavy on the cash side right now and we have some significant purchases coming up that will deplete our funds over the next couple weeks. I'll probably stay in this thread until after next paycheck (or two) to see where we've truly netted out and to make sure we're actually ready fo the next race.

Either way, we're pretty stoked to have seen 100k NW for the first time ever!

Congrats @zeli2033 Very awesome progress! 

Welcome @TerrierTown !
Title: Re: Race from 10 to 100k!!
Post by: Evasion on June 20, 2019, 06:18:31 PM
Haven't been here in a while. I've been silly with money but I finally crossed 50k, and got a pay rise so keen to accelerate things a little!

20 Dec 18 - 37,800
16 Jan 19 - 39,900
1 Feb 19 - 41,500
15 Feb 19 - 43,362
March 2019 - 45,496
Mid March 2019 - 45,815
April 19 - 46,412
Late April 2019 - 48,372
20 June 2019 - 50,890
Title: Re: Race from 10 to 100k!!
Post by: lexde on June 21, 2019, 07:25:05 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46
3/1/2019: $44,391.15
3/15/2019: $45,689.39
3/31/2019: $48,303.11
05/25/2019: $53,145.15
06/07/2019: $54,674.68

06/21/2019: $57,532.15

Two churning bonuses came in this pay period totaling $900, which was nice. It offset my big spend last month and got my NW back on track. I should hit $60K by the end of next month and $75K before the end of the year. More, if I get put on the pay structure I am entitled to.  If that’s the case I may hit $90K by EOY.
Title: Re: Race from 10 to 100k!!
Post by: Serendip on June 22, 2019, 09:58:04 AM
Dec '17    18,146
Jan '18     23,607
Feb '18     27,000
Mar '18     29,008
Apr '18     30,100
May '18    35,030
Jun '18     36,700
July '18    39,000
Aug '18    40,150
Sep '18    42,500
Oct '18     43,300
Nov '18    44,500
Dec '18    48,380
Jan '19     51,210
Feb '19     53,000
Mar '19     55,075
Apr '19     53,065
May '19    54,008
June '19   56,272

Life has gotten quite expensive lately with things breaking down (brakes, computers, home repairs)..but I keep on trying to move in the right direction.
Title: Re: Race from 10 to 100k!!
Post by: Jeffwa365 on June 22, 2019, 10:57:58 AM
Just started tracking and really increasing my savings rate at the beginning of the year.

Dec 18- 21,185
Jan 19- 25,448
Feb 19- 29,266
March 19- 30,515
April 19- 39,308
May- 39,185
June- 43,750
Title: Re: Race from 10 to 100k!!
Post by: Manchester on June 23, 2019, 09:28:12 AM
(http://i63.tinypic.com/6yppbk.png)

I've reached the £20k mark! 

£22,010.88 to be exact.  That's over £3k worth of an increase since last month which blows every other month out of the water.  I think my investments have helped quite a bit! 

Nearly a quarter of the way to graduating this thread.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on June 23, 2019, 09:30:57 AM
8/31/18: $12,784
9/17/18: $14,547
9/28/18: $22,476
10/15/18: $24,956
10/31/18: $27,980
11/15/18: $30,081
11/30/18: $36,219
12/31/18: $36,235
1/15/19: $44,961
1/31/19: $52,928
2/16/19: $57,672
2/28/19: $61,806
3/16/19: $64,611
3/29/19: $72,482
4/15/19: $76,177
4/30/19: $99,041
5/31/19: $96,807
6/14/19: $100,709 (+3902)

Well this was a surprise to see this morning. Although we're a little heavy on the cash side right now and we have some significant purchases coming up that will deplete our funds over the next couple weeks. I'll probably stay in this thread until after next paycheck (or two) to see where we've truly netted out and to make sure we're actually ready fo the next race.

Either way, we're pretty stoked to have seen 100k NW for the first time ever!

Nice one!  Your progress is mental.  You're going to be FI in no time!
Title: Re: Race from 10 to 100k!!
Post by: Manchester on June 23, 2019, 09:40:59 AM
Congrats, @zeli2033!!  I have to admit I'm always a little jealous of those of you who graduate so quickly.  Nice job!!

I get like that as well.  The population on this forum is so unique, so you're bound to find the likes of Zeli, who's smashing it, and feel quite envious. 

I compare myself to my real-life comunity here in Manchester.  I'm significantly better off than my friends now, even those who earn double the money I do, because they squander theirs.  In fact, I'm cooking dinner tonight for a friend who's 'skint' and needs to wait until payday to get their shopping done! Another friend has just bought a pair of Balenciagas out of the money he's saving to put down on a house. 


The progress you're making will have you ahead of the vast majority of people out there.  You're going to reach FI, it's just a case of when! :)   
Title: Re: Race from 10 to 100k!!
Post by: nmitb on June 24, 2019, 12:29:34 PM
This looks fun, and might help me stay motivated. I will leanfire with a paid off house at $360,000. So in other words, im a million miles away still.

I think our numbers will qualify when I update July 1st (or close enough :).
I have been tracking in excel since January this year.

Combined NW:

2019
Jan: -$7,248
Feb: -$6,093
Mar: -$1,081
Apr: $1,221
May: $4,418
Jun: $5,562
Title: Re: Race from 10 to 100k!!
Post by: Manchester on June 26, 2019, 04:19:21 AM
This looks fun, and might help me stay motivated. I will leanfire with a paid off house at $360,000. So in other words, im a million miles away still.

I think our numbers will qualify when I update July 1st (or close enough :).
I have been tracking in excel since January this year.

Combined NW:

2019
Jan: -$7,248
Feb: -$6,093
Mar: -$1,081
Apr: $1,221
May: $4,418
Jun: $5,562

Good luck with it.  I'm sure you'll make some good progress. 

I started in the saving to 10k thread.  It's very motivational.  I think you get more feedback in there than you do on this thread and I would definitely recommend starting in there. 

I'd also recommend reading the 'don't pay of your mortgage' thread if you haven't already!
Title: Re: Race from 10 to 100k!!
Post by: nmitb on June 26, 2019, 05:36:12 AM
Thanks! I am over 10k today, so by my July update I would have to leave the 10k thread anyways, so I figured Id post in this thread.

I don't have a mortgage (yet), and believe me, at 3% I would not pay one cent over the minimum.

And good luck to you too, I hope you reach your goals! (unless you're a blue) ;)
Title: Re: Race from 10 to 100k!!
Post by: Imma on June 27, 2019, 08:49:16 AM
This looks fun, and might help me stay motivated. I will leanfire with a paid off house at $360,000. So in other words, im a million miles away still.

I think our numbers will qualify when I update July 1st (or close enough :).
I have been tracking in excel since January this year.

Combined NW:

2019
Jan: -$7,248
Feb: -$6,093
Mar: -$1,081
Apr: $1,221
May: $4,418
Jun: $5,562

Good luck with it.  I'm sure you'll make some good progress. 

I started in the saving to 10k thread.  It's very motivational.  I think you get more feedback in there than you do on this thread and I would definitely recommend starting in there. 

I'd also recommend reading the 'don't pay of your mortgage' thread if you haven't already!

Yes, I really loved the 10k thread and I'm so happy to see many people from that thread in this thread now. Sometimes it seems that everyone on this forum earns 6 figures, and while that's great for them, it's something so far away from my life that it's hard to relate to that.

Especially over the last year I've started to notice just how much more well off I am compared to most people I know. And I'm not a big earner, just about average. But there's a couple hundred left over at the end of the month every single month, a bit more in a good month, and now my emergency fund is filled up completely, I can invest quite a lot. It's the little things that add up. I still have fun and meet friends and go on trips, I just don't spend an insane amount of money doing it. And I don't live in the capital which is a major cost saver.
Title: Re: Race from 10 to 100k!!
Post by: zygote on June 27, 2019, 09:24:18 AM
For context: I'm 29 in a HCOL city. I'm married, but these are my own numbers since we keep our finances separate. Includes cash, retirement, and credit cards, which are used for normal expenses and paid off in full every month.

3/18: $48,533.91
4/18: $53,215.13 (+4,681.22 - extra paycheck)
5/18: $55,433.65 (+2,218.52)
6/18: $57,041.95 (+1,572.27)
7/18: $59,753.49 (+2,711.54)
8/18: $63,816.19 (+4,062.70)
9/18: $70,101.27 (+6,285.08 - extra paycheck)
10/18: $73,538.91 (+3,437.64)
11/18: $69,595.61 (-3,943.30)
12/18: $73,126.64 (+3,531.03)
1/19: $69,733.94 (-2,712.15)
2/19: $78,918.09 (+9,184.15 - extra paycheck)
3/19: $83,762.93 (+4,844.84)
4/19: $86,925.57 (+3,162.64)
5/19: $92,839.14 (+5,913.57)
6/19: $90,415.30 (-2,423.84)
7/19: $96,745.04 (+6,329.74)

Reporting early since I'm about to go out of town. Getting very close, though my net worth keeps vacillating with the market. I'm not convinced I'll stay above the threshold once I reach it...
Title: Re: Race from 10 to 100k!!
Post by: Manchester on June 28, 2019, 08:43:41 AM
Thanks! I am over 10k today, so by my July update I would have to leave the 10k thread anyways, so I figured Id post in this thread.

I don't have a mortgage (yet), and believe me, at 3% I would not pay one cent over the minimum.

And good luck to you too, I hope you reach your goals! (unless you're a blue) ;)

That's great!  Well I'll try my best to replicate the motivation from that thread on this one! 


Fortunately I am a formerly long suffering, recently incredibly happy Blue! :')
Title: Re: Race from 10 to 100k!!
Post by: Apple_Tango on June 28, 2019, 08:22:31 PM
Net worth tracking:

05/01/19: $25,501

Only place to go is up from here!!! My goal is $100,000 by Jan 2021.

6/28/19: $35,735 (+10234) Nice bump up in the past 60-ish days.
Title: Re: Race from 10 to 100k!!
Post by: Old Ball Coach on June 29, 2019, 09:28:20 AM
This includes all our retirement and personal accounts for assets. It includes our credit cards, student loan, and mortgage for liabilities. It DOES NOT include our home value.

April 2018 - $52,917.42
May 2018  - $58,400.19
June 2018 - $59,686.34
July 2018  - $65,798.53
Aug 2018 - $72,231.70
Sept 2018 - $76,755.71
Oct 2018 -  $64,348.89
Nov 2018 - $70,839.76
Dec 2018 - $58,351.73
Jan 2019 - $78,256.31
Feb 2019 - $87,795.97
Mar 2019 - $67,121.29
Apr 2019 - $75,155.85
May 2019 - $63,243.68
June 2019 - $79,359.89

Big bounce-back month in the market. Also, negotiated a 25% reduction in a medical bill. Also got a nice bonus from my summer employment. Wife has a 3 paycheck month in July. It'll be a nice month!
Title: Re: Race from 10 to 100k!!
Post by: philli14 on June 29, 2019, 11:13:19 AM
1/10/18: 43,071
1/11/18: 46,223 (+3152)
1/12/18: 50,605 (+4382)
1/01/19: 57,786 (+7181)
1/02/19: 65,133 (+7347)
1/03/19: 71,695 (+6562)
1/04/19: 77,573 (+5878)
1/05/19: 86,088 (+8515)
1/06/19: 86,749 (+0661)
1/07/19: 95,468 (+8719)

Big rebound by the markets plus some good old savings despite a spendy month. 100k is getting real! I have a big cross country move coming up in August so I'll effectively have a full month without income but should still be able to hit 100k by years end.
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on June 29, 2019, 03:02:54 PM
I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big. My checking account is also not included as it has money I will likely spend this month. Goal for 2019 is to make it to $45K.

Net worth:
Dec2017:$7800
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658
Nov2018: $23,948 (+$290)
Dec2018: $23,960 (+12)
Jan2019: $27,100 (+3140)
Feb2019: $29,443 (+2343)
Mar2019: $31,603 (+2160)
Apr2019: $33,959 (+2356)
May2019 $33,933 (-$26)
Jun2019: $37928.82 (+3995)- Those stocks on sale are finally paying off! Good job everyone who has graduated or joined!
Title: Re: Race from 10 to 100k!!
Post by: iamthepinky on June 29, 2019, 07:05:57 PM
Reporting a little early

September 1 2018 -  $ 10,182.02

October 1 2018 -  $ 14,632.57

November 1 2018 -  $ 16,671.27

December 1 2018 -  $ 23,468.48

January 1 2019 -  $ 30,900.13

February 1 2019 -  $ 34,820.54

March 1 2019 -  $ 40,959.03

April 1 2019 -  $ 48,963.23

May 1 2019 -  $ 49,324.37  (giant tax bill)

June 1 2019 -  $ 54,756.42

July 1 2019 -  $ 62,550.77

This is my partner's and my combined net worth. He is currently at 5k and I am at 57k. He's just wrapping up the debt repayment phase and I have been saving aggressively for some time. In addition to maxing retirement accounts, I have also been setting aside cash for a house downpayment. This means we're a little cash-heavy.
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on June 30, 2019, 08:04:32 AM
I went on a 3 week trip to SE-Asia so I had no clue about financials. Turns out I earned money while traveling around! My salary was also a mysterious €70 higher than normal. No clue why but would be nice if it's a lasting change!

Dec 2017 €14.300
June 2018 €23.300 (+9k over 6 months)
Dec 2018 €35.600 (+13.3k over 6 months)
Jan 2019 €39.000 (+3.400)
Feb 2019 €40.700 (+1.700)
Mar 2019 €42.400 (+1.700)
Apr 2019 €44.900 (+2.500)
May 2019 €46.200 (+1.300)
June 2019 €48.000 (+1.800)
Title: Re: Race from 10 to 100k!!
Post by: Tass on June 30, 2019, 11:08:42 AM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k
Dec 18$22.4k
Jan 19$24.7k
Feb 19$27.2k
Mar 19$29.3k
Apr 19$31.3k
May 19$31.5k

Jun 19: $33.3k

I had a HUGE spending month this month, with over $300 in outstanding reimbursements and almost $500 in pre-paying insurance toward a cc spend target. I had only a 20% savings rate, but the market did the rest. Also, this marks my NW surpassing a full year's income.
Title: Re: Race from 10 to 100k!!
Post by: Imma on June 30, 2019, 02:39:32 PM
April 2019: €10094.35
May 2019:  €11629.87
June 2019: €12728.63

Goals for 2019:
Savings: €5000
Investments: €10000

We're doing some DIY that's going to cost quite a bit of money, but we haven't made as much progress as we'd liked to. Which means we also haven't spent that much money yet and I'm still moving in the right direction.
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on June 30, 2019, 02:59:32 PM
Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

9/29/17 - $11,511 (First post in thread)
6/30/18 - $36,000
7/31/18 - $38,676
8/31/18 - $40,277
9/30/18 - $50,572
10/31/18 - $46,085
11/30/18 - $48,956
12/31/18 - $46,003
1/31/19 - $53,028
2/28/19 - $58,276
3/31/2019 - $67,340
4/30/2019 - $70,674
5/31/2019 - $69,853
6/30/2019 - $75,757

June Notes

Truckin' on
Title: Re: Race from 10 to 100k!!
Post by: vertkurt on July 01, 2019, 02:00:44 AM
1/1/18= 14,705
2/1/18= 18,264
3/1/18= 21,225
4/1/18= 22,741
5/1/18= 26,020
6/1/18= 28,987
7/1/18= 31,457
8/1/18= 34,642
9/1/18= 37,413
10/1/18= 41,426
11/1/18= 37,475
12/1/18= 44,300
1/1/19= 46,862
2/1/19= 53,310
3/1/19 = 59,800
4/1/19 = 63,705
5/1/19= 70,328
6/1/19= 70,187
7/1/19= 79,553
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on July 01, 2019, 05:08:16 AM
Tracking net worth.

EOY 12.2016 - (-£10,250)
EOY 12.2017 - £4,360
EOY 12.2018 - £40,620
01.2019 - £42,662 (+2,042)
02.2019 - £43,796 (+1,134)
03.2019 - £44,582 (+786)
04.2019 - £49,305 (+4,723)
05.2019 - £51,853 (+2,548)
06.2019 - £52,723 (+870)
07.2019 - £55,172 (+2,449)

Assets = £62,070
Student loans = (£6,898)
Title: Re: Race from 10 to 100k!!
Post by: Sugaree on July 01, 2019, 05:24:20 AM
5/1/2015   $4419.53
5/1/2016   15689.46 
5/1/2017   34125.20
5/1/2018   51663.60 
5/1/2019   64340.45
6/3/2019   64940.28
7/1/2019   70156.02


It was a much better month for my TSP and IRA.
Title: Re: Race from 10 to 100k!!
Post by: fluffmuffin on July 01, 2019, 07:09:19 AM
March 14, 2019: 91,383.01
March 22, 2019: 96,571.66
April 12, 2019: 99,627.63
April 19, 2019: 100,517.92
May 3, 2019: 100,567.21
May 20, 2019: 98,698.52

July 1, 2019: 97,874.14

Wedding: done! Honeymoon: done! Both were lovely.

At the same time, I'm glad things are going to be calmer now--the past year has been a LOT and I'm ready to have time without a Giant Thing on the immediate horizon. And to definitively get over $100k!
Title: Re: Race from 10 to 100k!!
Post by: peppermint on July 01, 2019, 07:17:58 AM
01/2018: $40796.81
02/2018: $41337.51
03/2018: $42682.42
04/2018: $46138.41
05/2018: $48761.77
06/2018: $51084.06
07/2018: $56155.54
08/2018: $55622.63
09/2018: $62036.49
10/2018: $64543.48
11/2018: $63002.61
12/2018: $65136.29
01/2019: $64776.35
02/2019: $69347.10
03/2019: $71885.58
04/2019: $74177.34
05/2019: $76475.71
06/2019: $77621.20
07/2019: $87651.71
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on July 01, 2019, 07:42:40 AM

2018
1/31 : (5949.05)
2/28 : (5288.30)
3/31 : (4273.93)
4/30 : (2592.07)
5/31 : (629.70)
6/30 : 1,206.77
7/31 : 2,703.97
8/31: 5,651.70
9/31: 8,039.01
10/31: 7,803.49
11/30: 9,531.28
12/31: 9,296.79

2019
1/31/19: 13,493.35
2/28/2019: 15,766.50
3/31/2019: 19,286
4/30/2019: 19,283
5/31/2019: 18,676


6/30/2019 :22,362

Just keep plugging along. I was fortunate enough to get pay an extra $600 toward my debt this month. Student Loans are going down fairly fast. At least for me. They should all be gone here in the next few years at this rate!
Title: Re: Race from 10 to 100k!!
Post by: ItsALongStory on July 01, 2019, 07:52:21 AM
The more I read these forums the more I realize how much the sl's can hold people back. I'm fortunate that I grew up in a country where higher education is really affordable but now.i live here so I can take advantage of higher wages without the corresponding debt burden.

Sent from my Pixel 2 XL using Tapatalk

Title: Re: Race from 10 to 100k!!
Post by: Optimiser on July 01, 2019, 08:11:10 AM
Mar 2019 $14,000
Apr 2019 $12,700
May 2019 $9,500

June 2019 $11,500
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on July 01, 2019, 09:34:19 AM
August 2018 - $19,246
September 2018 - $20,031
October 2018 - $19,301
November 2018 - $20,523
December 2018 - $20,923
January 2019 - $21,742
February 2019 - $23,933
March 2019 - $25,416
April 2019 - $26,812
May 2019 - $26,575 

June 2019 - $27,758

Even though I borrowed a chunk of change from my e-fund, the markets helped with bringing the ol' net worth continually upward.  Slowly, but surely!
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on July 01, 2019, 09:35:04 AM
Wedding: done! Honeymoon: done! Both were lovely.

Congrats on the wedding, fluffmuffin!  :)
Title: Re: Race from 10 to 100k!!
Post by: cassafrass on July 01, 2019, 01:17:51 PM
2019
Jan 2019:  49,400
Feb 2019:  52,900
Mar 2019:  55,500
Apr 2019:  59,500
May 2019: 61,100
Jun 2019:  71,200
Jul 2019:   75,000

Wow, the market has been a friend this month. Despite some ridiculous spendypants behavior (new dishwasher, new bike, new hair) we still netted positive.

My husband starts getting his 401k match this month so our savings will speed up a bit. Dare I predict a graduation by the end of the year?
Title: Re: Race from 10 to 100k!!
Post by: TerrierTown on July 01, 2019, 01:33:40 PM
Hi all, first post!

01 Jun 2019 NW £44,112
           
01 Jul 2019 NW £46,737
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on July 02, 2019, 11:22:50 PM
2018
Jan1 - 63.8k
Feb1 - 64.0k (+200)
Mar 1 - 65.0k (+1000)
Apr 1 -  65.4k (+400)
May 1 - 67.5k (+2100)
June 1 - 69.5k (+2000)
July 1 - 72.3k (+2800)
Aug 1 - 74.0k (+1700)
Sept 1 - 76.7k (+2700)
Oct 1 - 79.6k (+2900)
Nov 1 - 79.5k (-100)
Dec 1 - 81.8k (+2300)

2019
Jan 1 - 82.5k (+700)
Feb 1 - 86.6k (+4100)
Mar 1 - 89.7k (+3100)
Apr 1 - 91.3k (+1600)
May 1 - 90.9k (-400)
June 1 - 90.6k (-300)
July 1 - 93.7k (+3100)

Getting back on track, even if the market sucks, graduation should be sometime this year!  Sold off some random stuff I didn't need in June, and more stuff to go, should be a good summer
Title: Re: Race from 10 to 100k!!
Post by: Evasion on July 03, 2019, 03:12:38 AM
Finally a nice jump ahead. I was overestimating liabilities as my partner 'owed ' money to our shared investments she was late to chuck in.

Will need to stay serious as I have holidays coming up.


20 Dec 18 - 37,800
16 Jan 19 - 39,900
1 Feb 19 - 41,500
15 Feb 19 - 43,362
March 2019 - 45,496
Mid March 2019 - 45,815
April 19 - 46,412
Late April 2019 - 48,372
20 June 2019 - 50,890
3 July 2819 - 53,333
Title: Re: Race from 10 to 100k!!
Post by: eav on July 03, 2019, 07:26:17 AM
25F

June '19: $52,951
July '19: $55,573

To my fellow Americans, enjoy the 4th!
Title: Re: Race from 10 to 100k!!
Post by: Cezil on July 03, 2019, 07:36:16 AM
Quote
Dec-2016: $32,870.70
Dec-2017: $58,271.55   (+ 25,400.85)
Dec-2018: $72,493.16   (+ 14,221.61)

Jan-2019:    $81,866.77  (+ 9,373.61)
Feb-2019:   $87,222.31  (+ 5,355.54)
Mar-2019:   $88,865.95 (+ 1,643.64)
Apr-2019:   $93,050.94  (+ 4,184.99)
May-2019:  $91,719.70  ( - 1,331.24)


Jun-2019:  $95,665.54   (+ 3,945.84)

Fingers crossed for graduation at the end of August!  It can’t not happen (due to my automated savings) unless the markets go down again, so we shall see!  I’ve held a consistent 37.5% savings rate these past few months, I’d like to get that number higher.  Time to get creative..
Title: Re: Race from 10 to 100k!!
Post by: M5 on July 03, 2019, 08:55:54 AM
4/13/18: $14,324.67
12/27/18: $20,377.45
2/6/19: $27,927.20
3/1/19: $33,596.07
4/3/19: $57,285.55
5/7/19: $61,326.50
6/10/19: $62,992.97

7/3/19: $67,032.16

Not quite sure where this big jump came from this month, but I'll take it. It'll even out next month though as we have to spend a couple grand to pay for the repairs we had done to our rental house to get it ready to sell.
Title: Re: Race from 10 to 100k!!
Post by: haypug16 on July 03, 2019, 11:10:17 AM
June 2019 Update
3/31/2017 (52,848.85) - Found MMM
3/31/2018 $(14,916.69) - 1 year in
3/31/2019 $9,917.20 - 2 years in
4/30/2019 $19,835.78
5/31/2019 $21,498.65
6/30/2019 $17,825.45 -3,673.20 decrease

Looking forward to returning to work this month so I can turn this number back around. I am grateful that I had this time home with the little one and was able to live off the small STD payout (5 weeks) and some of the bonus I got right before heading out on Maternity Leave. I was able to keep all my bills paid and not rack up any credit card debt in the process. I'll also have a chance to get caught up on the forums (I hope)
Title: Re: Race from 10 to 100k!!
Post by: lexde on July 03, 2019, 03:32:30 PM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46
3/1/2019: $44,391.15
3/15/2019: $45,689.39
3/31/2019: $48,303.11
05/25/2019: $53,145.15
06/07/2019: $54,674.68
06/21/2019: $57,532.15

07/03/2019: $58,718.06

Always a small jump with the first paycheck, second paycheck of the month will kick me up a bigger notch since rent just came out of this one. Steady upward progress, should hit 60k this month. Got a weird bonus at work, as did everyone else. No complaints though. Up almost $40k from this time last year so I’m happy so far.
Title: Re: Race from 10 to 100k!!
Post by: Lamancha on July 04, 2019, 09:12:37 PM
Nov 2018- $23,000
Dec 2018- $26,000
Jan 2019- $29,000
Feb 2019- $36,000
March 2019- $40,000
April 2019- $43,000
May 2019- $48,000
June 2019- $54,000
July 2019- $60,600
Title: Re: Race from 10 to 100k!!
Post by: okisok on July 05, 2019, 06:53:27 PM
I'm in!

April 19 $37,975
May 19  $43,823
June 19 $50,556
July 19  $81,732

I didn't start tracking until this year, even though I found MMM about two years ago. (The big jump between June and July was realizing one of my accounts wasn't linked properly and wasn't reporting to my bottom line.)

Considering I was underwater on a house and making car payments three years ago, I'm doing very well! Zero debt, and worth about 1.5x my annual income. I'm still behind by some metrics, but I'm looking forward to how much I can save in future instead of back at past mistakes.
Title: Re: Race from 10 to 100k!!
Post by: zygote on July 08, 2019, 02:14:20 PM
7/19: $96,745.04 (+6,329.74)

Reporting early since I'm about to go out of town. Getting very close, though my net worth keeps vacillating with the market. I'm not convinced I'll stay above the threshold once I reach it...

Got back from my trip, and opened Personal Capital to see a net worth of $100,555.32. Wow.

The number isn't really real because I owe my wife for my half of July rent and our vacation expenses, but I still wanted to mark the moment. We'll see if I can get it back up again by 8/1.
Title: Re: Race from 10 to 100k!!
Post by: CanadianTeacher on July 10, 2019, 01:52:04 PM
Just graduated from the 50k thread, figured I'd join this one. My savings journey after graduating from university started at about 10k, so this thread is appropriate. Here's my recorded history:

January 2018: $18,944.35
February 2018: $22,047.46
March 2018: $23,463.61
April 2018: $24,224.19
May 2018: $26,173
Jun 2018: $29,519.62

October 2018: $29,676.50
November 2018: $32,923.90
December 2018: $34,394.85
January 2019: $39,825.43
February 2019" $43,508.66
April 2019: $48,394.91
July 2019: $65,536.55 (+$17,141.64)

The reason fro the big jump during the last three months is because as a teacher, a portion of my paycheque is withheld each month. This was all paid out to me at the beginning of July. Essentially I got three paycheques at once (June, July, and August). But this also means I won't be getting my next paycheque until the end of September. It was a tough year, so I do plan on using some of this money to vacation, but I don't expect to fall below $58,000 before my September paycheque. I also have small amounts of money trickling in from side hustles.

Goal is to each $100,000 by Summer 2020. A good chunk of this will be used as a downpayment, but I won't be purchasing until 2021 at the earliest.
Title: Re: Race from 10 to 100k!!
Post by: catorbe on July 10, 2019, 03:53:44 PM
Just graduated from the 50k thread, figured I'd join this one. My savings journey after graduating from university started at about 10k, so this thread is appropriate. Here's my recorded history:

January 2018: $18,944.35
February 2018: $22,047.46
March 2018: $23,463.61
April 2018: $24,224.19
May 2018: $26,173
Jun 2018: $29,519.62

October 2018: $29,676.50
November 2018: $32,923.90
December 2018: $34,394.85
January 2019: $39,825.43
February 2019" $43,508.66
April 2019: $48,394.91
July 2019: $65,536.55 (+$17,141.64)

The reason fro the big jump during the last three months is because as a teacher, a portion of my paycheque is withheld each month. This was all paid out to me at the beginning of July. Essentially I got three paycheques at once (June, July, and August). But this also means I won't be getting my next paycheque until the end of September. It was a tough year, so I do plan on using some of this money to vacation, but I don't expect to fall below $58,000 before my September paycheque. I also have small amounts of money trickling in from side hustles.

Goal is to each $100,000 by Summer 2020. A good chunk of this will be used as a downpayment, but I won't be purchasing until 2021 at the earliest.

Welcome to the thread, just to clarify, this is a thread for net worth of 10k >>> 100k. This is not the save as that $50k thread where the goal was to save $50k period. So unless you're debt free you might have to adjust your numbers if you're trying to remain accurate to the thread. Also might want to consider what else might affect your net worth in terms of other assets (retirement, hsa, etc) besides your savings account.
Title: Re: Race from 10 to 100k!!
Post by: CanadianTeacher on July 10, 2019, 04:34:30 PM
Ah, okay. I have no debt, but I also don't own a home. My car is a 1997 Chevy that I paid $900. Runs good, but don't know if I'd be able to sell it, so won't count that! I have lots of high priced kitchen gear, which would go for high dollar on the resale market, but I won't count those either as they are too easy to inflate.

I have two defined pension accounts. 1 of them I'm vested in but have only made around $6,000 in contributions. Since it's defined benefit, it's hard to figure out a value. There is a commuted value if I ever wanted to take it, but I have no idea what it would be. So let's say $3000 to be on the safe side.

The other pension account, I'm not vested in. I've made $7,678.96‬ in contributions. Since I'm not vested, the agreement is that I can take back all my contributions if I were to ever leave the career before being vested (another 4 more years worth of employment). So I can count that entire amount.

$65,536.55 + $7,678.96 + $3,000 = ‬ $76,215.51

I'm closer than I thought I was :)
Title: Re: Race from 10 to 100k!!
Post by: CanadianTeacher on July 10, 2019, 04:59:47 PM
Just contacted my former pension plan. Commuted value is difficult to calculate and I'll get a figure in six months. But I was assured I will get at least my contributions + interest, so: $6,826.01

So my current net worth:
$65,536.55 + $7,678.96 + $6,826.01 = ‬ $80,041.52‬  Woot!

Title: Re: Race from 10 to 100k!!
Post by: catorbe on July 11, 2019, 12:19:05 AM
Just contacted my former pension plan. Commuted value is difficult to calculate and I'll get a figure in six months. But I was assured I will get at least my contributions + interest, so: $6,826.01

So my current net worth:
$65,536.55 + $7,678.96 + $6,826.01 = ‬ $80,041.52‬  Woot!

Now as fun as that exercise was, I'm going to retract my own statement a little and say that generally there are things, completely up to your discretion, that are indeed better off excluded. I think an easy example is like an apartment deposit, you know it's your money technically, but it could go away depending on certain factors. So remember that a bird in hand is worth more than 2 in the bush and just be realistic with what you have, will have, and might not actually have for a long period or ever.

In your case it seems those things you mentioned are included/excluded accordingly:)
Title: Re: Race from 10 to 100k!!
Post by: fluffmuffin on July 12, 2019, 07:11:28 AM
March 14, 2019: 91,383.01
March 22, 2019: 96,571.66
April 12, 2019: 99,627.63
April 19, 2019: 100,517.92
May 3, 2019: 100,567.21
May 20, 2019: 98,698.52
July 1, 2019: 97,874.14

July 12, 2019: 99,582.15

Kind of side-eyeing this, because I feel like I have to missing something. But if I am I can't find it.

My work has a wellness rewards program where you can do stuff to get Amazon gift cards: an annual wellness check, a month-long fitness challenge, etc. They also have online learning modules. I signed up for one on growing an emergency fund back in September, figuring I'd eyeroll my way through it as a Moderately Frugal Person with a pre-existing e-fund, and cash in my $50 without doing anything I wouldn't have been doing already. And damned if it didn't actually end up being helpful--I've never been that big on automated transfers, but it made me automate an additional savings stream that FOR SURE helped me through the financial carnage of 2019. I just completed the last challenge step, so now I'm up a few hundred dollars in savings AND $50 for Amazon. Win-win.
Title: Re: Race from 10 to 100k!!
Post by: kaposzta on July 12, 2019, 08:09:41 AM
I'm in!

July 12, 2019: $66,565

It took me 11 years to get there.
I live in Hungary, so my salary (~$1.5k/month net including yearly bonus and benefits) is quite low compared to the US ones :)
Title: Re: Race from 10 to 100k!!
Post by: CrabboStache on July 13, 2019, 10:41:50 AM
Long-time lurker, first post!

Usually track my net worth quarterly, but may start doing it more often.

4/1/18 - 8,288.95
11/14/18 - 17,977.82
3/30/19 - 24,649.79
7/1/19 - 29,604.18

I count cash, checking account, savings accounts, Roth IRA, 401h, 457, and HSA balance. I also throw $3000 in for the value of my car. KBB gave me that value, I somewhat doubt I could fetch that for it - but it's good enough for me in regards to this exercise. I also have a defined benefit pension plan through my work, but I do not count any of it's value towards my net worth as it's difficult to translate current value vs. potential value. Carry no debt of any sort at the moment.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on July 13, 2019, 11:29:14 AM
Welcome @CrabboStache and @kaposzta!  You picked a great first thread to post in CrabboStache, and kaposzta it took me about 13 years to get to 100k so no worries.  You're both doing great!
Title: Re: Race from 10 to 100k!!
Post by: adamsputnik on July 15, 2019, 12:32:30 PM
1/18/18 - 18,350.00
3/15/18 - 20,267.70
5/17/18 - 19,930.00
8/31/18 - 25,908.00
9/21/18 - 28,115.00
11/30/18 - 29,835.00
12/14/18 - 30,879.00
12/31/18 - 30,072.00
1/15/19 - 32,774.00
1/31/19 - 34,776.00
3/13/19 - 36,967.00
4/5/19 - 39,465.00
5/3/19 - 41,790.00
6/7/19 - 44,852.00
7/12/19 - 48,436.00

Getting close to halfway!

Title: Re: Race from 10 to 100k!!
Post by: jps on July 15, 2019, 12:38:25 PM
We just hit $51K in invested assets! Very excited to be more than halfway. We're not moving as quickly as some others here, but I hope to be finished by end of 2020!
Title: Re: Race from 10 to 100k!!
Post by: Evasion on July 17, 2019, 06:29:39 AM
20 Dec 18 - 37,800
16 Jan 19 - 39,900
1 Feb 19 - 41,500
15 Feb 19 - 43,362
March 2019 - 45,496
Mid March 2019 - 45,815
April 19 - 46,412
Late April 2019 - 48,372
20 June 2019 - 50,890
3 July 2019 - 53,333
Mid July 2019 - 52,850

I knew this will happen as I had holiday spending planned but still, I hate going backwards. Will try to save very hard.
Title: Re: Race from 10 to 100k!!
Post by: UnexpectedExpenseExpector on July 17, 2019, 01:22:38 PM
Welcome to all the new folks!

Here's the July update for the unexpected expense expector household:

2014 Jan: (129,703.05)
2015 Jan: (115,355.51)
2016 Jan: (82,545.00)
2017 Jan: 2,693.77
2018 Jan: 48,429.84

2019
January: 79,517.63
February: 87,532.51
March: 91,151.25
April: 95,594.61
May: 97,569.98
June: 104,249.52
...
2019 Jul: 100,000 (GOAL)

We did it! A month ahead of the goal!  I'll show myself out now and look forward to seeing you all soon in the next thread!
Title: Re: Race from 10 to 100k!!
Post by: Cezil on July 18, 2019, 06:15:17 AM
June: 104,249.52
...
2019 Jul: 100,000 (GOAL)

We did it! A month ahead of the goal!  I'll show myself out now and look forward to seeing you all soon in the next thread!

Congratulations on your success!  I hope to see you in there by the end of August!
Title: Re: Race from 10 to 100k!!
Post by: UnexpectedExpenseExpector on July 18, 2019, 08:22:12 AM
June: 104,249.52
...
2019 Jul: 100,000 (GOAL)

We did it! A month ahead of the goal!  I'll show myself out now and look forward to seeing you all soon in the next thread!

Congratulations on your success!  I hope to see you in there by the end of August!

Thanks!  I hope you make it by then or sooner!
Title: Re: Race from 10 to 100k!!
Post by: lexde on July 19, 2019, 08:17:19 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46
3/1/2019: $44,391.15
3/15/2019: $45,689.39
3/31/2019: $48,303.11
05/25/2019: $53,145.15
06/07/2019: $54,674.68
06/21/2019: $57,532.15
07/03/2019: $58,718.06

07/19/2019: $60,172.27

Passed the 60K threshold! Up 20.9K this calendar year and 35.5K in the last 12 months. I'd like to hit 90K by 12/31/19 with 100K as a stretch goal. We'll see!
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on July 19, 2019, 08:21:25 AM
Congrats @lexde, you're rocking it!
Title: Re: Race from 10 to 100k!!
Post by: Nederstash on July 19, 2019, 08:40:16 AM
Aug 15: 5327 (found MMM)
Jan 16: 12700
Jan 17: 31444
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Apr 18: 75766
May 18: 77414
Jun 18: 81980
Jul 18: 82825
Aug 18: 82665
Sep 18: 84098
Oct 18: 85029
Nov 18: 85620
Dec 18: 88171
Jan 19: 88673
Feb 19: 90575
Mar 19: 91673
Apr 19: 93802
May 19: 95808
Jun 19: 97470
Jul 19: 100741
 
Wait WHAT!! I made it!! I definitely wasn't expecting it. In fact, I completely forgot to check my networth at the beginning of the month, only just did it. I got a very generous 2k gift from my parents (thank you, mom and dad!) and the markets were very nice to me as well.
 
So I guess I graduate this thread earlier than I anticipated! Thank you all for the support along the way! See you all in the next thread :)
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on July 19, 2019, 09:38:42 AM
Congrats Nederstash & UnexpectedExpenseExpector it will be a while until I make the next thread (hopefully you both will be graduated from it as well). I wish you both good luck in the next step!
Title: Re: Race from 10 to 100k!!
Post by: Serendip on July 19, 2019, 10:28:09 AM
Dec '17    18,146
Jan '18     23,607
Feb '18     27,000
Mar '18     29,008
Apr '18     30,100
May '18    35,030
Jun '18     36,700
July '18    39,000
Aug '18    40,150
Sep '18    42,500
Oct '18     43,300
Nov '18    44,500
Dec '18    48,380
Jan '19     51,210
Feb '19     53,000
Mar '19     55,075
Apr '19     53,065
May '19    54,008
June '19   56,272
July '19    57,022

*more big purchases but still managed a bit of savings..need to quell the spending
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on July 19, 2019, 10:38:49 AM
Aug 15: 5327 (found MMM)
Jan 16: 12700
Jan 17: 31444
Jan 18: 73227
Feb 18: 74628
Mar 18: 75981
Apr 18: 75766
May 18: 77414
Jun 18: 81980
Jul 18: 82825
Aug 18: 82665
Sep 18: 84098
Oct 18: 85029
Nov 18: 85620
Dec 18: 88171
Jan 19: 88673
Feb 19: 90575
Mar 19: 91673
Apr 19: 93802
May 19: 95808
Jun 19: 97470
Jul 19: 100741
 
Wait WHAT!! I made it!! I definitely wasn't expecting it. In fact, I completely forgot to check my networth at the beginning of the month, only just did it. I got a very generous 2k gift from my parents (thank you, mom and dad!) and the markets were very nice to me as well.
 
So I guess I graduate this thread earlier than I anticipated! Thank you all for the support along the way! See you all in the next thread :)

Noooooooooooooo!  Er, I mean Congrats!  Haha.  I made it to 96.5k, close race.  See you in the next one soon!
Title: Re: Race from 10 to 100k!!
Post by: Treedream on July 23, 2019, 01:49:53 PM
Hiya, I've recently discovered this forum and thought I'd join the race

27F, single

Savings: €10.6K
Debt: €1.3K (at 0.01%)
NW: €9.288.21

I will start with investments next month once I've figured out the best vehicle. I won't count my pension, because I can't touch that until I'm 68. My goal for the end of the year is NW of €14.500, which would be €11.600 up from Jan 2019. I think at this pace it will take me at least 5 years. Sounds awefully slow compared to lots of you, guys!



Title: Re: Race from 10 to 100k!!
Post by: catprog on July 24, 2019, 04:07:01 AM
Just discovered the thread so here is my figures
(Oct/2015) $21,229.91
(Oct/2016) $38,686.20
(Oct/2017) $69,217.02
(Oct/2018) $69,963.94 (New Car and then lost job. (old one was 300,000km)
(Jan/2019) $70,629.84
(Feb/2019) $74,360.85 (New job started)
(March/2019) $77,397.67
(April/2019) $82,140.83
(May/2019) $83,987.43
(June/2019) $87,146.59
(July/2019) $93,154.16 (Tax return was good, due to loosing job and getting a new one)

Does not include bank account , student debt(The repayments are tied to income, no interest but inflation linked)

Also do not own a home but no home lone

Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on July 24, 2019, 08:27:17 AM
Hiya, I've recently discovered this forum and thought I'd join the race

27F, single

Savings: €10.6K
Debt: €1.3K (at 0.01%)
NW: €9.288.21

I will start with investments next month once I've figured out the best vehicle. I won't count my pension, because I can't touch that until I'm 68. My goal for the end of the year is NW of €14.500, which would be €11.600 up from Jan 2019. I think at this pace it will take me at least 5 years. Sounds awefully slow compared to lots of you, guys!

Welcome to the forum and the races, don’t worry about the pace too much!  100k saved in 5 years or so is already better than 95% of people on the planet.  It’s been almost 5 years since I found MMM, and I’m now hitting 100k.  Took the first year to get to 10k, then 2.5 more to get to 50k, now I’m up almost 50k in the last 1.5 years.  It’ll go faster and faster for you as you earn more, save more and start getting compounded returns.  You will have huge figures invested in no time if you get the saving and investing on autopilot. 
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on July 24, 2019, 08:32:16 AM
Hiya, I've recently discovered this forum and thought I'd join the race

27F, single

Savings: €10.6K
Debt: €1.3K (at 0.01%)
NW: €9.288.21

I will start with investments next month once I've figured out the best vehicle. I won't count my pension, because I can't touch that until I'm 68. My goal for the end of the year is NW of €14.500, which would be €11.600 up from Jan 2019. I think at this pace it will take me at least 5 years. Sounds awefully slow compared to lots of you, guys!

Welcome to the forum and the races, don’t worry about the pace too much!  100k saved in 5 years or so is already better than 95% of people on the planet.  It’s been almost 5 years since I found MMM, and I’m now hitting 100k.  Took the first year to get to 10k, then 2.5 more to get to 50k, now I’m up almost 50k in the last 1.5 years.  It’ll go faster and faster for you as you earn more, save more and start getting compounded returns.  You will have huge figures invested in no time if you get the saving and investing on autopilot.

To add to that; most people get there faster than they anticipated (for some awesome examples, check the 'Long term NW goals' thread). You may get raises, find a side gig, your investments may take off once you've started them, you may get creative in cutting costs.

When I started in this thread I thought I'd end my 4 year job contract with about €60k, now I expect it to be in the €90-100k range because apparently I spend less and earn more than 2017 me expected.
Title: Re: Race from 10 to 100k!!
Post by: Treedream on July 24, 2019, 03:13:33 PM
Hiya, I've recently discovered this forum and thought I'd join the race

27F, single

Savings: €10.6K
Debt: €1.3K (at 0.01%)
NW: €9.288.21

I will start with investments next month once I've figured out the best vehicle. I won't count my pension, because I can't touch that until I'm 68. My goal for the end of the year is NW of €14.500, which would be €11.600 up from Jan 2019. I think at this pace it will take me at least 5 years. Sounds awefully slow compared to lots of you, guys!

Welcome to the forum and the races, don’t worry about the pace too much!  100k saved in 5 years or so is already better than 95% of people on the planet.  It’s been almost 5 years since I found MMM, and I’m now hitting 100k.  Took the first year to get to 10k, then 2.5 more to get to 50k, now I’m up almost 50k in the last 1.5 years.  It’ll go faster and faster for you as you earn more, save more and start getting compounded returns.  You will have huge figures invested in no time if you get the saving and investing on autopilot.

To add to that; most people get there faster than they anticipated (for some awesome examples, check the 'Long term NW goals' thread). You may get raises, find a side gig, your investments may take off once you've started them, you may get creative in cutting costs.

When I started in this thread I thought I'd end my 4 year job contract with about €60k, now I expect it to be in the €90-100k range because apparently I spend less and earn more than 2017 me expected.

Thanks guys! I know, it just feels awfully slow ATM, even if I made amazing progress in the last 3 years, although I don't have records for all of it:

June 2018: -€60
Jan 2019: €2875.28
June 2019: €9288.22
Title: Re: Race from 10 to 100k!!
Post by: Manchester on July 25, 2019, 02:51:20 AM
A little bit late posting, but these are my figures from 22/07.

(http://i68.tinypic.com/2eldoah.png)


My N/W has increased by £733 which is lower than what I've been averaging recently, but still going in the right direction. 
Title: Re: Race from 10 to 100k!!
Post by: Dave15 on July 25, 2019, 01:34:38 PM
25-6-2018            € 29.879,12 ------> Started Tracking
25-7-2018            € 30.749,12
25-8-2018            € 31.993,17
25-9-2018            € 33.185,00 ------> Found MMM
25-10-2018          € 34.433,66
25-11-2018          € 35.556,00
25-12-2018          € 41.939,62
25-1-2019            € 42.082,47
25-2-2019            € 44.338,00
25-3-2019            € 46.218,65
25-4-2019            € 47.829,00
03-6-2019            € 49.478,00
05-7-2019            € 52.722,00
25-7-2019            € 54.736,00

New graduate from the race to 50k thread joining in, already used that to track net worth, so no adjustments needed.

I'm a 26 year old guy, living together with my GF in one of the bigger Dutch cities. We are lucky enough to both make decent money for our age and Dutch standards, but rent is rather high. A big part of the numbers above is my half of the down payment we're saving up. GF is very frugal, and I've only just cathced up with her money wise: joint NW is slightly over 100K now! We keep finances separated, so I'll be tracking for myself only.

First six months of 2019 were very fortunate for me: vacation pay, extra monthly pay as a bonus and two holidays that were less expensive than expected. Now it's just hoping I can continue the streak. Next goal: 60k on the 5th of december ("Sinterklaas").

Best of luck to everyone posting and reading here, happy stashing!
Title: Re: Race from 10 to 100k!!
Post by: ItsALongStory on July 25, 2019, 07:28:26 PM
25-6-2018            € 29.879,12 ------> Started Tracking
25-7-2018            € 30.749,12
25-8-2018            € 31.993,17
25-9-2018            € 33.185,00 ------> Found MMM
25-10-2018          € 34.433,66
25-11-2018          € 35.556,00
25-12-2018          € 41.939,62
25-1-2019            € 42.082,47
25-2-2019            € 44.338,00
25-3-2019            € 46.218,65
25-4-2019            € 47.829,00
03-6-2019            € 49.478,00
05-7-2019            € 52.722,00
25-7-2019            € 54.736,00

New graduate from the race to 50k thread joining in, already used that to track net worth, so no adjustments needed.

I'm a 26 year old guy, living together with my GF in one of the bigger Dutch cities. We are lucky enough to both make decent money for our age and Dutch standards, but rent is rather high. A big part of the numbers above is my half of the down payment we're saving up. GF is very frugal, and I've only just cathced up with her money wise: joint NW is slightly over 100K now! We keep finances separated, so I'll be tracking for myself only.

First six months of 2019 were very fortunate for me: vacation pay, extra monthly pay as a bonus and two holidays that were less expensive than expected. Now it's just hoping I can continue the streak. Next goal: 60k on the 5th of december ("Sinterklaas").

Best of luck to everyone posting and reading here, happy stashing!
Liking the Sinterklaas challenge. Make sure are a good kid and things will go your way. :-)

Sent from my Pixel 2 XL using Tapatalk

Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on July 26, 2019, 02:15:53 AM
I feel like this thread is starting to flood with Dutch people lately! Welcome @Dave15 .

Dec 2017 €14.300
June 2018 €23.300 (+9k over 6 months)
Dec 2018 €35.600 (+13.3k over 6 months)
Jan 2019 €39.000 (+3.400)
Feb 2019 €40.700 (+1.700)
Mar 2019 €42.400 (+1.700)
Apr 2019 €44.900 (+2.500)
May 2019 €46.200 (+1.300)
June 2019 €48.000 (+1.800)
July 2019 €49.400 (+1.400)

If it weren't for some prepaid work expenses that are waiting to be reimbursed I would've hit €50k!
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on July 26, 2019, 09:02:11 AM
I will start with investments next month once I've figured out the best vehicle. I won't count my pension, because I can't touch that until I'm 68. My goal for the end of the year is NW of €14.500, which would be €11.600 up from Jan 2019. I think at this pace it will take me at least 5 years. Sounds awefully slow compared to lots of you, guys!

Welcome!  I'll be here for a long time - happy to have your company!  :)
Title: Re: Race from 10 to 100k!!
Post by: catorbe on July 26, 2019, 09:48:24 AM
I broke $10,000 on 9/9/2018. I'm up to $25k as of 2/17/2019.

With my paycheck tomorrow and the recent gains in market i'm around 32650 after a few minor expenses are paid out in the next few days. So 4 months since 25k and i'm at 32650. A change of 7650 / 4 is about 1912 a month.

My 8/2/19 balance (3 paychecks since last update) will be around $37,000 once paycheck, rent, and reimbursement from GF all settles. Solid gain for 1.5 months given my income.
Title: Re: Race from 10 to 100k!!
Post by: paulkots on July 30, 2019, 06:47:12 AM
11/26/17: $47,707.48
06/22/18: $72,953.75
07/27/18: $71,676.31
08/23/18: $65,034.83
10/04/17: $63,306.87
10/26/18: $64,270.98
11/27/18: $66,467.65
12/26/18: $66,160.59
01/28/18: $64,688.44
03/25/19: $63,325.75
04/24/19: $65,022.87
06/04/19: $63,056.67

Did a Memorial Day roadtrip. Bought some parts for project car and also finished buying all the parts for 100k mile maintenance on my daily. Expenses were up for wine/food/going out. Also bought camping gear for my upcoming July roadtrip. Quarterly taxes were also paid.

07/30/19: $65,345.01

Missed a month since I was on a 30 day roadtrip. Numbers look good since quarter taxes and un-invested IRA monies are part of it. Vacations are behind so I need to start catching up with a few financial loose ends.
Title: Re: Race from 10 to 100k!!
Post by: zygote on July 30, 2019, 09:09:54 AM
Got back from my trip, and opened Personal Capital to see a net worth of $100,555.32. Wow.

The number isn't really real because I owe my wife for my half of July rent and our vacation expenses, but I still wanted to mark the moment. We'll see if I can get it back up again by 8/1.

For context: I'm 30 in a HCOL city. I'm married, but these are my own numbers since we keep our finances separate. Includes cash, retirement, and credit cards, which are used for normal expenses and paid off in full every month.

3/18: $48,533.91
4/18: $53,215.13 (+4,681.22 - extra paycheck)
5/18: $55,433.65 (+2,218.52)
6/18: $57,041.95 (+1,572.27)
7/18: $59,753.49 (+2,711.54)
8/18: $63,816.19 (+4,062.70)
9/18: $70,101.27 (+6,285.08 - extra paycheck)
10/18: $73,538.91 (+3,437.64)
11/18: $69,595.61 (-3,943.30)
12/18: $73,126.64 (+3,531.03)
1/19: $69,733.94 (-2,712.15)
2/19: $78,918.09 (+9,184.15 - extra paycheck)
3/19: $83,762.93 (+4,844.84)
4/19: $86,925.57 (+3,162.64)
5/19: $92,839.14 (+5,913.57)
6/19: $90,415.30 (-2,423.84)
7/19: $96,745.04 (+6,329.74)
8/19: $101,572.33 (+4,827.29)

I'm still above $100k! Very happy. I thought I wouldn't get there until the end of the year. I try to focus on my contributions, not count on the market, but it has really accelerated things as I get more and more invested. I'm going to consider myself graduated. Even if the market dips next month, it's a 3-paycheck month so my contributions will be higher to offset it.
Title: Re: Race from 10 to 100k!!
Post by: Imma on July 31, 2019, 01:25:21 AM
April 2019: €10094.35
May 2019:  €11629.87
June 2019: €12728.63
July 2019:  €13021,33

Goals for 2019:
Savings: €5000
Investments: €10000

Good to see I'm still one digit up from last month even though we're still in the middle of a big renovation project and we've been on holiday. Next month won't look so good, I'll have to pay the biggest invoice of the project and there'll be tuition to pay as well. Goal of 15k this year still sounds do-able though.
Title: Re: Race from 10 to 100k!!
Post by: song gnos on July 31, 2019, 02:33:26 AM
May 2016 $ -11,982.00
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.

Well, haven't posted in about 2 years.

July 2018 $81,402.18

Couldn't have done it without the support from MMM and you all.
Hopefully hit the 100k mark by the end of this year.

Odd how I come back 1 year from the last post.
I've been on autopilot, not doing anything special and here I am.

July 2019 $117,000

I suppose I'm not allowed to post in this thread next year lol.
Thanks for all the support.
Title: Re: Race from 10 to 100k!!
Post by: haypug16 on July 31, 2019, 05:54:34 AM
July 2019 Update
3/31/2017 (52,848.85) - Found MMM
3/31/2018 $(14,916.69) - 1 year in
3/31/2019 $9,917.20 - 2 years in
4/30/2019 $19,835.78
5/31/2019 $21,498.65
6/30/2019 $17,825.45
7/31/2019 $19,232.60


Back to work as of July 15th. Happy to see this number going back up :)
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on July 31, 2019, 08:06:19 AM
August 2018 - $19,246
September 2018 - $20,031
October 2018 - $19,301
November 2018 - $20,523
December 2018 - $20,923
January 2019 - $21,742
February 2019 - $23,933
March 2019 - $25,416
April 2019 - $26,812
May 2019 - $26,575 
June 2019 - $27,758

July 2019 - $29,419

Should hit the big 3-0 next month, unless the market tanks!
Title: Re: Race from 10 to 100k!!
Post by: Optimiser on July 31, 2019, 10:11:36 AM
Mar 2019 $14,000
Apr 2019 $12,700
May 2019 $9,500
June 2019 $11,500

July 2019 $17,000
Title: Re: Race from 10 to 100k!!
Post by: philli14 on July 31, 2019, 11:00:51 AM
1/10/18: 43,071
1/11/18: 46,223 (+3152)
1/12/18: 50,605 (+4382)
1/01/19: 57,786 (+7181)
1/02/19: 65,133 (+7347)
1/03/19: 71,695 (+6562)
1/04/19: 77,573 (+5878)
1/05/19: 86,088 (+8515)
1/06/19: 86,749 (+0661)
1/07/19: 95,468 (+8719)
1/08/19: 99,958 (+4490)

Wow. About as close as it gets. Wasn't a great month for me, lots of mandatory expenses. Still inching closer. Finish line should be reached next month!
Title: Re: Race from 10 to 100k!!
Post by: Tass on July 31, 2019, 02:55:41 PM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k
Dec 18$22.4k
Jan 19$24.7k
Feb 19$27.2k
Mar 19$29.3k
Apr 19$31.3k
May 19$31.5k
Jun 19$33.3k

Jul 19: $35.1k

I genuinely couldn't figure out where this gain came from when I first saw it. $400 from the market, $250 from bonus churning, $200 in reimbursements, and the other $950 in regular old savings. All those goodies pushed my savings rate over 50% this month!
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on July 31, 2019, 11:16:54 PM
I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big. My checking account is also not included as it has money I will likely spend this month. Goal for 2019 is to make it to $45K.

Net worth:
Dec2017:$7800
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658
Nov2018: $23,948 (+$290)
Dec2018: $23,960 (+12)
Jan2019: $27,100 (+3140)
Feb2019: $29,443 (+2343)
Mar2019: $31,603 (+2160)
Apr2019: $33,959 (+2356)
May2019: $33,933 (-$26)
Jun2019: $37,928 ( +3995)
Jul2019: $39,736.10 (+1808)-  I also am so close to 40K, I hope to be there next month.
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on August 01, 2019, 12:15:43 AM
Tracking net worth.

EOY 12.2016 - (-£10,250)
EOY 12.2017 - £4,360
EOY 12.2018 - £40,620
01.2019 - £42,662 (+2,042)
02.2019 - £43,796 (+1,134)
03.2019 - £44,582 (+786)
04.2019 - £49,305 (+4,723)
05.2019 - £51,853 (+2,548)
06.2019 - £52,723 (+870)
07.2019 - £55,172 (+2,449)
08.2019 - £57,197 (+2,025)

Assets = £63,704
Student loans = (£6,507)
Title: Re: Race from 10 to 100k!!
Post by: Evasion on August 01, 2019, 01:47:03 AM
20 Dec 18 - 37,800
16 Jan 19 - 39,900
1 Feb 19 - 41,500
15 Feb 19 - 43,362
March 2019 - 45,496
Mid March 2019 - 45,815
April 19 - 46,412
Late April 2019 - 48,372
20 June 2019 - 50,890
3 July 2019 - 53,333
Mid July 2019 - 52,850
1 August 2019 - 54,160

Most of increase is market and superannuation being paid.
Actually getting short on cash and not happy with certain decisions BUT I'm about to go on a lavish holiday I've already paid for and I got several pay increases this year, so what the hell am I complaining about?!
Onwards to 60k - goal is October.
Title: Re: Race from 10 to 100k!!
Post by: Sugaree on August 01, 2019, 05:33:48 AM
5/1/2015   $4419.53
5/1/2016   15689.46 
5/1/2017   34125.20
5/1/2018   51663.60 

5/1/2019   64340.45
6/3/2019   64940.28
7/1/2019   70156.02
8/1/2019   74255.95


I'm a little bummed because I was SO CLOSE to $75k.  Still moving in a positive direction, but have a feeling that unless the market goes on an absolute tear the growth will be slowing somewhat.  A lot of my increases in net worth can be attributed to paying some stuff off.  OT has been cut, so available cash for that purpose has been reduced. 

Title: Re: Race from 10 to 100k!!
Post by: nmitb on August 01, 2019, 06:31:32 AM
Combined NW:

2019
Jan: -$7,248
Feb: -$6,093
Mar: -$1,081
Apr: $1,221
May: $4,418
Jun: $5,562
Jul: $7,408
Aug: $9,255

To still on the wrong side of 10k is disappointing. A month long unpaid holiday for me, and a move to another appartement hurt our finances
over the summer. In saving mode now though, 100k here we come! :)
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on August 01, 2019, 07:01:16 AM
Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

9/29/17 - $11,511 (First post in thread)
6/30/18 - $36,000
7/31/18 - $38,676
8/31/18 - $40,277
9/30/18 - $50,572
10/31/18 - $46,085
11/30/18 - $48,956
12/31/18 - $46,003
1/31/19 - $53,028
2/28/19 - $58,276
3/31/2019 - $67,340
4/30/2019 - $70,674
5/31/2019 - $69,853
6/30/2019 - $75,757
7/31/2019 - $78,206

July Notes

Progress was frustratingly slow this month, but at least there was progress! We had a some electrical work done to the house, plus car registration and property taxes were due and finally some significant medical expenses.

On another positive note - joint net worth for my wife and I topped $150,000 for the first time!
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on August 01, 2019, 07:11:24 AM

2018
1/31 : (5949.05)
2/28 : (5288.30)
3/31 : (4273.93)
4/30 : (2592.07)
5/31 : (629.70)
6/30 : 1,206.77
7/31 : 2,703.97
8/31: 5,651.70
9/31: 8,039.01
10/31: 7,803.49
11/30: 9,531.28
12/31: 9,296.79

2019
1/31/19: 13,493.35
2/28/2019: 15,766.50
3/31/2019: 19,286
4/30/2019: 19,283
5/31/2019: 18,676
6/30/2019 :22,362


7/31/2019: 24,646

another good month. My investments increase ~$950, and my debt fell by ~$1,350.
Title: Re: Race from 10 to 100k!!
Post by: kaposzta on August 01, 2019, 07:40:27 AM
I've just got my salary so I update my progress (and from now on I'll post my net worth on the day I receive my salary).

July 12, 2019: $66,565
Aug 1, 2019: $68,207

My investments were performing very well in the second half of July.
I'm using a permanent 290 HUF/USD fx rate in order to eliminate the effect of the fx change.
Title: Re: Race from 10 to 100k!!
Post by: peppermint on August 01, 2019, 07:43:51 AM
01/2018: $40796.81
02/2018: $41337.51
03/2018: $42682.42
04/2018: $46138.41
05/2018: $48761.77
06/2018: $51084.06
07/2018: $56155.54
08/2018: $55622.63
09/2018: $62036.49
10/2018: $64543.48
11/2018: $63002.61
12/2018: $65136.29
01/2019: $64776.35
02/2019: $69347.10
03/2019: $71885.58
04/2019: $74177.34
05/2019: $76475.71
06/2019: $77621.20
07/2019: $87651.71
08/2019: $94692.91
Title: Re: Race from 10 to 100k!!
Post by: Old Ball Coach on August 01, 2019, 08:28:25 AM
This includes all our retirement and personal accounts for assets. It includes our credit cards, student loan, and mortgage for liabilities. It DOES NOT include our home value.

April 2018 - $52,917.42
May 2018  - $58,400.19
June 2018 - $59,686.34
July 2018  - $65,798.53
Aug 2018 - $72,231.70
Sept 2018 - $76,755.71
Oct 2018 -  $64,348.89
Nov 2018 - $70,839.76
Dec 2018 - $58,351.73
Jan 2019 - $78,256.31
Feb 2019 - $87,795.97
Mar 2019 - $67,121.29
Apr 2019 - $75,155.85
May 2019 - $63,243.68
June 2019 - $79,359.89
July 2019 - $84,352.69

Another good saving month. Just continuing on the path.
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on August 01, 2019, 09:11:00 AM
2018
Jan1 - 63.8k
Feb1 - 64.0k (+200)
Mar 1 - 65.0k (+1000)
Apr 1 -  65.4k (+400)
May 1 - 67.5k (+2100)
June 1 - 69.5k (+2000)
July 1 - 72.3k (+2800)
Aug 1 - 74.0k (+1700)
Sept 1 - 76.7k (+2700)
Oct 1 - 79.6k (+2900)
Nov 1 - 79.5k (-100)
Dec 1 - 81.8k (+2300)

2019
Jan 1 - 82.5k (+700)
Feb 1 - 86.6k (+4100)
Mar 1 - 89.7k (+3100)
Apr 1 - 91.3k (+1600)
May 1 - 90.9k (-400)
June 1 - 90.6k (-300)
July 1 - 93.7k (+3100)
Aug 1 - 97.3k (+3600)

Hoping for graduation by the end on the month! 
Title: Re: Race from 10 to 100k!!
Post by: vertkurt on August 01, 2019, 12:41:47 PM

1/1/18= 14,705
2/1/18= 18,264
3/1/18= 21,225
4/1/18= 22,741
5/1/18= 26,020
6/1/18= 28,987
7/1/18= 31,457
8/1/18= 34,642
9/1/18= 37,413
10/1/18= 41,426
11/1/18= 37,475
12/1/18= 44,300
1/1/19= 46,862
2/1/19= 53,310
3/1/19 = 59,800
4/1/19 = 63,705
5/1/19= 70,328
6/1/19= 70,187
7/1/19= 79,553
8/1/19 = 85,573
Title: Re: Race from 10 to 100k!!
Post by: Mattrim on August 01, 2019, 01:05:04 PM
6/30: $5828.16
8/1:   $15412.83 (+$9586.67)
8/31: $19351.65 (+$3938.82)
9/31: $25450 (+$6099)
11/1: $29805 (+$4355)
12/3: $35490 (+$5685)
1/3:   $41338 (+$5848)
1/31: $50090 (+$8752)
3/1: $55312 (+$5222)
4/1: $60134 (+4822)
5/1: $67265 (+7131)
6/1: $65585 (-1680)
7/1: $69963 (+4378)
8/1: $77286 (+7323)

Goal December 2019: $100k
Title: Re: Race from 10 to 100k!!
Post by: iamthepinky on August 01, 2019, 04:12:55 PM
7/1/2019:  $ 62,703.77
8/1/2019:  $ 68,173.37

Chugging along! Pup hurt his back so we had some vet bills, and I think we were both a little loosey goosey with our spending, me especially as I made some upgrades to our home gym. However we spent a LOT less on restaurants (I guess going on Keto will do that...lol)
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on August 01, 2019, 05:40:05 PM
6/30: $5828.16
8/1:   $15412.83 (+$9586.67)
8/31: $19351.65 (+$3938.82)
9/31: $25450 (+$6099)
11/1: $29805 (+$4355)
12/3: $35490 (+$5685)
1/3:   $41338 (+$5848)
1/31: $50090 (+$8752)
3/1: $55312 (+$5222)
4/1: $60134 (+4822)
5/1: $67265 (+7131)
6/1: $65585 (-1680)
7/1: $69963 (+4378)
8/1: $77286 (+7323)

Goal December 2019: $100k

Wow, basically 0 to 77k in just over a year, nice work
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on August 01, 2019, 07:07:28 PM
Hoping for graduation by the end on the month! 

Depending on the market, we could have four people graduate this month, which is pretty cool.

I thought about having a "no-spend" month just to ensure that I hit 100k in August. It's a silly idea, since I would probably only be delaying purchases to future months and not actually doing anything productive. I'd still be investing the same amount and would at best increase cash reserves at the cost of things that bring me joy. Worst case is that the market would go cattywampus, and the month of deprivation would be for nothing.

If the last 2 days in the market are anything to go by, graduation this month would be very ambitious.  Not bothered though, it’s either graduation this month or a discount, both are good
Title: Re: Race from 10 to 100k!!
Post by: Tass on August 01, 2019, 07:14:26 PM
Personally I'm very pleased, as the current drop has hit just as my paycheck arrived. My index of choice was getting pricey!
Title: Re: Race from 10 to 100k!!
Post by: jiimmy on August 01, 2019, 07:48:23 PM
1/1/2011 $7,457.97
1/1/2012 $17,228.76
1/1/2013 $40,480.11
1/1/2014 $39,129.08
1/1/2015 $52,439.23
1/1/2016 $51,321.29
1/1/2017 $40,381.29
1/1/2018 $48,063.59

1/1/2019 $62,472.51
2/1/2019 $67,871.30
3/1/2019 $71,163.33
4/1/2019 $74,147.84
5/1/2019 $77,284.64
6/1/2019 $77,317.99
7/1/2019 $83,885.12
8/1/2019 $86,051.84

Chuggin along
Title: Re: Race from 10 to 100k!!
Post by: philli14 on August 02, 2019, 12:22:52 AM
You're so close that a 0.01% change in the market could push you over.

Well, thankfully I fell short on the end of the month cause with the last couple of market days im now down 1K+, so it was fitting that I didn't graduate last month!
Title: Re: Race from 10 to 100k!!
Post by: lexde on August 02, 2019, 08:15:32 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46
3/1/2019: $44,391.15
3/15/2019: $45,689.39
3/31/2019: $48,303.11
05/25/2019: $53,145.15
06/07/2019: $54,674.68
06/21/2019: $57,532.15
07/03/2019: $58,718.06
07/19/2019: $60,172.27

08/02/2019: $60,058.32

My initial reaction to this as my portfolio plummeted was “YIKES!”
But it didn’t take long for my mustachian brain to pick back up again and say “Awesome!”
So while my NW is down, it’s great for several reasons. First, it means I’m a lot more invested in the market than I was, so my net worth will naturally fluctuate more! Second, it means stocks are on sale! I buy on the 5th and 20th of each month via auto investing, so I’m a happy camper. Third, August is a three paycheck month, so I’m actually really hoping that stocks keep falling a bit so I can put an extra $800 in!
Title: Re: Race from 10 to 100k!!
Post by: eav on August 02, 2019, 01:19:57 PM
June 2019: $52,951
July 2019: $55,573
August 2019: $57,409

Can't wait to get to the 70,000's already!
Title: Re: Race from 10 to 100k!!
Post by: catprog on August 02, 2019, 05:25:38 PM
(Oct/2015) $21,229.91
(Oct/2016) $38,686.20
(Oct/2017) $69,217.02
(Oct/2018) $69,963.94
(Jan/2019) $70,629.84
(Feb/2019) $74,360.85
(March/2019) $77,397.67
(April/2019) $82,140.83
(May/2019) $83,987.43
(June/2019) $87,146.59
(July/2019) $93,154.16
(Aug/2019) $97,596.37

Might graduate this month (car rego is due.)
Title: Re: Race from 10 to 100k!!
Post by: Treedream on August 04, 2019, 10:44:52 AM
01/06/2018: -€60
01/01/2019: €2875.28
01/07 2019: €9288.2
01/08/2019: €10.485.05 good month 😀
01/01/2020: €14.500 Goal
Title: Re: Race from 10 to 100k!!
Post by: catorbe on August 04, 2019, 09:15:43 PM
I broke $10,000 on 9/9/2018. I'm up to $25k as of 2/17/2019.

With my paycheck tomorrow and the recent gains in market i'm around 32650 after a few minor expenses are paid out in the next few days. So 4 months since 25k and i'm at 32650. A change of 7650 / 4 is about 1912 a month.

My 8/2/19 balance (3 paychecks since last update) will be around $37,000 once paycheck, rent, and reimbursement from GF all settles. Solid gain for 1.5 months given my income.

A quick Trip to Kansas and some market schenanigans and suddenly my estimate is almost 1800 dollars off. Great :P
Title: Re: Race from 10 to 100k!!
Post by: cassafrass on August 05, 2019, 01:10:07 PM
2019
01/2019:  49,400
02/2019:  52,900
03/2019:  55,500
05/2019:  59,500
05/2019:  61,100
06/2019:  71,200
07/2019:  75,000
08/2019:  75,300

Oof - not much movement. Our daycare bills were high this month, and we overspent several budget categories. Let's hope August is a better month!
Title: Re: Race from 10 to 100k!!
Post by: M5 on August 06, 2019, 09:17:37 AM
4/13/18: $14,324.67
12/27/18: $20,377.45
2/6/19: $27,927.20
3/1/19: $33,596.07
4/3/19: $57,285.55
5/7/19: $61,326.50
6/10/19: $62,992.97
7/3/19: $67,032.16
8/6/19: $66,081.23

Looks like the markets hurt us quite a bit this month. At least we're buying cheap!


Title: Re: Race from 10 to 100k!!
Post by: Cezil on August 06, 2019, 10:28:31 AM
Quote
Dec-2016: $32,870.70
Dec-2017: $58,271.55   (+ 25,400.85)
Dec-2018: $72,493.16   (+ 14,221.61)

Jan-2019:    $81,866.77  (+ 9,373.61)
Feb-2019:   $87,222.31  (+ 5,355.54)
Mar-2019:   $88,865.95 (+ 1,643.64)
Apr-2019:   $93,050.94  (+ 4,184.99)
May-2019:  $91,719.70  ( - 1,331.24)
Jun-2019:   $95,665.54   (+ 3,945.84)


Jul-2019:  $99,502.49  (+ $3,865.95)


Well, I got the July 31 number just before the markets went downward, so I’m not sure I’m going to graduate this month.  But we’ll see, we’ll see..
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on August 07, 2019, 06:29:41 PM
Quote
Dec-2016: $32,870.70
Dec-2017: $58,271.55   (+ 25,400.85)
Dec-2018: $72,493.16   (+ 14,221.61)

Jan-2019:    $81,866.77  (+ 9,373.61)
Feb-2019:   $87,222.31  (+ 5,355.54)
Mar-2019:   $88,865.95 (+ 1,643.64)
Apr-2019:   $93,050.94  (+ 4,184.99)
May-2019:  $91,719.70  ( - 1,331.24)
Jun-2019:   $95,665.54   (+ 3,945.84)


Jul-2019:  $99,502.49  (+ $3,865.95)


Well, I got the July 31 number just before the markets went downward, so I’m not sure I’m going to graduate this month.  But we’ll see, we’ll see..

Oh man, within $500, so close!  I made it to within one pay check of graduating, but now it’s looking like 2 or3 to get there. 
Title: Re: Race from 10 to 100k!!
Post by: Lamancha on August 07, 2019, 10:06:34 PM
Nov 2018- $23,000
Dec 2018- $26,000
Jan 2019- $29,000
Feb 2019- $36,000
March 2019- $40,000
April 2019- $43,000
May 2019- $48,000
June 2019- $54,000
July 2019- $60,600

Aug 2019- $71,800

July was a good month for the business.  Things will probably start slowing down in September.
Title: Re: Race from 10 to 100k!!
Post by: GeekyGirl on August 08, 2019, 08:21:03 AM
Hello

Jan 17, 2017:  € 12,138 
Feb 06, 2017:  € 16,720
Apr 04, 2017:  € 23,400
Oct 23, 2017:  € 27,680

Jan 07, 2019:  € 36,415
Jun 17, 2019:  € 46,385
  Aug 8, 2019:  € 48,526

Still on track to 50K by Dec.
Title: Re: Race from 10 to 100k!!
Post by: fluffmuffin on August 09, 2019, 07:53:10 AM
March 14, 2019: 91,383.01
March 22, 2019: 96,571.66
April 12, 2019: 99,627.63
April 19, 2019: 100,517.92
May 3, 2019: 100,567.21
May 20, 2019: 98,698.52
July 1, 2019: 97,874.14
July 12, 2019: 99,582.15

August 9, 2019: 101,008.36

For real this time, even after getting whacked by the market.

It's been real y'all. Thanks for the accountability, and best wishes to my fellow not-super-high-earners who are out there grinding. If I can do it, you can!
Title: Re: Race from 10 to 100k!!
Post by: Cezil on August 09, 2019, 09:14:07 AM
Oh man, within $500, so close!  I made it to within one pay check of graduating, but now it’s looking like 2 or3 to get there.

I know!  Gah!  Good luck to us both!!

August 9, 2019: 101,008.36

For real this time, even after getting whacked by the market.

It's been real y'all. Thanks for the accountability, and best wishes to my fellow not-super-high-earners who are out there grinding. If I can do it, you can!

Congratulations & well done!  I hope to see you in the next thread real soon!
Title: Re: Race from 10 to 100k!!
Post by: Imma on August 09, 2019, 05:07:12 PM
March 14, 2019: 91,383.01
March 22, 2019: 96,571.66
April 12, 2019: 99,627.63
April 19, 2019: 100,517.92
May 3, 2019: 100,567.21
May 20, 2019: 98,698.52
July 1, 2019: 97,874.14
July 12, 2019: 99,582.15

August 9, 2019: 101,008.36

For real this time, even after getting whacked by the market.

It's been real y'all. Thanks for the accountability, and best wishes to my fellow not-super-high-earners who are out there grinding. If I can do it, you can!

Yaaayy!! I'm doing happy dances for you :) and I hope to see you in the next thread in a few years.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on August 12, 2019, 08:27:03 AM
March 14, 2019: 91,383.01
March 22, 2019: 96,571.66
April 12, 2019: 99,627.63
April 19, 2019: 100,517.92
May 3, 2019: 100,567.21
May 20, 2019: 98,698.52
July 1, 2019: 97,874.14
July 12, 2019: 99,582.15

August 9, 2019: 101,008.36

For real this time, even after getting whacked by the market.

It's been real y'all. Thanks for the accountability, and best wishes to my fellow not-super-high-earners who are out there grinding. If I can do it, you can!

You've smashed it.  Well done and good luck in the next thread.  I'll see you in there in a few years! :P
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on August 12, 2019, 07:21:35 PM
March 14, 2019: 91,383.01
March 22, 2019: 96,571.66
April 12, 2019: 99,627.63
April 19, 2019: 100,517.92
May 3, 2019: 100,567.21
May 20, 2019: 98,698.52
July 1, 2019: 97,874.14
July 12, 2019: 99,582.15

August 9, 2019: 101,008.36

For real this time, even after getting whacked by the market.

It's been real y'all. Thanks for the accountability, and best wishes to my fellow not-super-high-earners who are out there grinding. If I can do it, you can!

Nice, see you in the next one soon!
Title: Re: Race from 10 to 100k!!
Post by: catprog on August 13, 2019, 10:51:55 PM
I just added up all my accounts and got $100,491.30

My two investments accounts are still a couple of thousand below the 100k so not quite yet.
Title: Re: Race from 10 to 100k!!
Post by: haypug16 on August 14, 2019, 06:22:39 AM
Congrats @fluffmuffin Maybe I'll catch you in the next thread if you don't race through it before I get there! : )
Title: Re: Race from 10 to 100k!!
Post by: Treedream on August 16, 2019, 10:36:22 AM
March 14, 2019: 91,383.01
March 22, 2019: 96,571.66
April 12, 2019: 99,627.63
April 19, 2019: 100,517.92
May 3, 2019: 100,567.21
May 20, 2019: 98,698.52
July 1, 2019: 97,874.14
July 12, 2019: 99,582.15

Well done! The hardest parts are done, apparently :) Keep trucking.

August 9, 2019: 101,008.36

For real this time, even after getting whacked by the market.

It's been real y'all. Thanks for the accountability, and best wishes to my fellow not-super-high-earners who are out there grinding. If I can do it, you can!
Title: Re: Race from 10 to 100k!!
Post by: lexde on August 16, 2019, 11:35:33 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46
3/1/2019: $44,391.15
3/15/2019: $45,689.39
3/31/2019: $48,303.11
05/25/2019: $53,145.15
06/07/2019: $54,674.68
06/21/2019: $57,532.15
07/03/2019: $58,718.06
07/19/2019: $60,172.27
08/02/2019: $60,058.32

08/16/2019: $62,923.68

Chugging along. Negotiating a raise at work, so hopefully I make better progress in Q4. Not to say my current progress isn’t good!

I’m building up my cash cushion a bit with the extra paycheck this month and am looking forward to ~65k net worth by the end of August. At my YTD rate, I’m increasing my net worth by about $3,240.00 each month. Which means that I should be somewhere around $75.8k at the end of 2019 if I maintain the same salary and savings rate.

I’m looking to bump from $85k to $110-134k in the next month or two, so hopefully I can make that happen and maybe hit 100k before the end of the year.
Title: Re: Race from 10 to 100k!!
Post by: Evasion on August 17, 2019, 11:49:05 PM
20 Dec 18 - 37,800
16 Jan 19 - 39,900
1 Feb 19 - 41,500
15 Feb 19 - 43,362
March 2019 - 45,496
Mid March 2019 - 45,815
April 19 - 46,412
Late April 2019 - 48,372
20 June 2019 - 50,890
3 July 2019 - 53,333
Mid July 2019 - 52,850
1 August 2019 - 54,160
Mid August 2019 - 53,521

Always frustrating to see it going down but it's due to the market. I managed to have a fancy holiday and still save a little. Not as short on cash as last update and about to invest a bundle for cheaper than usual so I guess things aren't too bad! Will focus on saving in september.
Title: Re: Race from 10 to 100k!!
Post by: GeekyGirl on August 19, 2019, 06:15:27 AM
Hello

Jan 17, 2017:  € 12,138 
Feb 06, 2017:  € 16,720
Apr 04, 2017:  € 23,400
Oct 23, 2017:  € 27,680

Jan 07, 2019:  € 36,415
Jun 17, 2019:  € 46,385
 Aug 8, 2019:  € 48,526
Aug 18, 2019: € 50,236

Yay!! Broke the 50K mark, let's hope that the next 50K won't take 4 years or even more. With a mortgage and childcare, it's hard to save.
New goal for the end of year is to get to 55K; stretch goal will be to have an increase of 20K for 2019 or a NW of 56.5 K.
Title: Re: Race from 10 to 100k!!
Post by: Serendip on August 20, 2019, 11:26:43 AM
Dec '17    18,146
Jan '18     23,607
Feb '18     27,000
Mar '18     29,008
Apr '18     30,100
May '18    35,030
Jun '18     36,700
July '18    39,000
Aug '18    40,150
Sep '18    42,500
Oct '18     43,300
Nov '18    44,500
Dec '18    48,380
Jan '19     51,210
Feb '19     53,000
Mar '19     55,075
Apr '19     53,065
May '19    54,008
June '19   56,272
July '19    57,022
Aug '19    59,005

So excited to move out of the 50's--this year has been a bit of a hard go financially but excited to almost be at a new milestone!
Title: Re: Race from 10 to 100k!!
Post by: catorbe on August 21, 2019, 09:22:16 PM
I broke $10,000 on 9/9/2018. I'm up to $25k as of 2/17/2019.

With my paycheck tomorrow and the recent gains in market i'm around 32650 after a few minor expenses are paid out in the next few days. So 4 months since 25k and i'm at 32650. A change of 7650 / 4 is about 1912 a month.

My 8/2/19 balance (3 paychecks since last update) will be around $37,000 once paycheck, rent, and reimbursement from GF all settles. Solid gain for 1.5 months given my income.

A quick Trip to Kansas and some market schenanigans and suddenly my estimate is almost 1800 dollars off. Great :P

I was like boooo when I saw the recent market drops, but also have to realize that while being at $36500 right now instead of 37-38,000 which is where i was anticipating, i'm still averaging over 2000 a month since I broke the 10k mark. Progress!
Title: Re: Race from 10 to 100k!!
Post by: Manchester on August 22, 2019, 05:38:06 AM
Another month and another step in the right direction.  Unfortunately not as much as I'd have liked, but it's all progress - especially considering I had some other costs and could have been way more frugal than I was.

(https://thumbs2.imgbox.com/7f/5d/frOPttsW_t.png) (http://imgbox.com/frOPttsW)

I'm £545 up from last month.

Also - the usual website I use to host my images on this site has closed down - what do you guys use?
Title: Re: Race from 10 to 100k!!
Post by: QuillScroll on August 23, 2019, 11:29:34 AM
Update Time


30-Apr-18       37941
24-May-18    40069
18-Jun-18       41679
16-Jul-18       46413
13-Aug-18       52974
17-Sep-18       58683
24-Oct-18       60645

Posting almost after about 10 months. Change in job and some more personal stuff to handle so wasn't active. Hope to be more regular -
23-Aug-19 -   84161
Title: Re: Race from 10 to 100k!!
Post by: catorbe on August 23, 2019, 12:21:37 PM
Update Time


30-Apr-18       37941
24-May-18    40069
18-Jun-18       41679
16-Jul-18       46413
13-Aug-18       52974
17-Sep-18       58683
24-Oct-18       60645

Posting almost after about 10 months. Change in job and some more personal stuff to handle so wasn't active. Hope to be more regular -
23-Aug-19 -   84161

Another 10 month (or less!) hiatus and you'll be out of this thread!
Title: Re: Race from 10 to 100k!!
Post by: Treedream on August 24, 2019, 10:31:06 AM
01/06/2018: -€60
01/01/2019: €2875.28
01/07 2019: €9288.2
01/08/2019: €10.485.05 good month 😀
01/01/2020: €14.500 Goal

01/09/2019: 11554.85

My salary has hit, so I thought I'd update now. Since I don't count my checking account it doesn't really matter anyway. Good month. Next months will be worse as I'm going on holiday and am looking for a different job. Onwards and upwards!
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on August 27, 2019, 12:30:22 AM
Dec 2017 €14.300
June 2018 €23.300 (+9k over 6 months)
Dec 2018 €35.600 (+13.3k over 6 months)
June 2019 €48.000 (+12.3k over 6 months)
July 2019 €49.400 (+1.400)
Aug 2019 €49.200 (-200)

First time ever for my NW to move downwards. Last month I posted right before the dip and as stocks haven't really gone back up from that yet I'm down regardless of my below average expenses (61% SR) this month.
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on August 27, 2019, 01:05:10 PM
Well, I just barely touched 100k, I’ll make an official call of graduation hopefully at the end of the week/month if it sticks, or the market will drag me right back in this race for a while, who knows.
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on August 27, 2019, 01:37:50 PM
Well, I just barely touched 100k, I’ll make an official call of graduation hopefully at the end of the week/month if it sticks, or the market will drag me right back in this race for a while, who knows.

You can never leave us.

yep, not as long as the Top is In
Title: Re: Race from 10 to 100k!!
Post by: kaposzta on August 29, 2019, 07:35:50 AM
July 12, 2019: $66,565
Aug 1, 2019: $68,207 (+2,47%)
Aug 29, 2019: $69,931 (+2,53%)

Another great month investment-wise. SR will be ~60% for August.
Title: Re: Race from 10 to 100k!!
Post by: Evasion on August 30, 2019, 04:47:29 AM
20 Dec 18 - 37,800
16 Jan 19 - 39,900
1 Feb 19 - 41,500
15 Feb 19 - 43,362
March 2019 - 45,496
Mid March 2019 - 45,815
April 19 - 46,412
Late April 2019 - 48,372
20 June 2019 - 50,890
3 July 2019 - 53,333
Mid July 2019 - 52,850
1 August 2019 - 54,160
Mid August 2019 - 53,521
1 September 2019 - 55,314

Back up! I made a plan to save at least 10k before 2020, hope I can stick to it! Rebalanced my investments to be full ethical, I don't contribute to terrible companies anymore yay!

Saving September here I come
Title: Re: Race from 10 to 100k!!
Post by: haypug16 on August 30, 2019, 06:17:11 AM

Back up! I made a plan to save at least 10k before 2020, hope I can stick to it! Rebalanced my investments to be full ethical, I don't contribute to terrible companies anymore yay!


How did you go about doing this if you don't mind me asking? I am very interested.
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on August 30, 2019, 07:22:30 AM
2018
Jan1 - 63.8k
Feb1 - 64.0k (+200)
Mar 1 - 65.0k (+1000)
Apr 1 -  65.4k (+400)
May 1 - 67.5k (+2100)
June 1 - 69.5k (+2000)
July 1 - 72.3k (+2800)
Aug 1 - 74.0k (+1700)
Sept 1 - 76.7k (+2700)
Oct 1 - 79.6k (+2900)
Nov 1 - 79.5k (-100)
Dec 1 - 81.8k (+2300)

2019
Jan 1 - 82.5k (+700)
Feb 1 - 86.6k (+4100)
Mar 1 - 89.7k (+3100)
Apr 1 - 91.3k (+1600)
May 1 - 90.9k (-400)
June 1 - 90.6k (-300)
July 1 - 93.7k (+3100)
Aug 1 - 97.3k (+3600)
Sept 1 - 101.6k (+4300)


I’m calling it!  Official graduation time!  I pushed hard this month to get it done.  Thanks for having me, I’ll see you all in the next race soon
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on August 30, 2019, 07:52:25 AM

Back up! I made a plan to save at least 10k before 2020, hope I can stick to it! Rebalanced my investments to be full ethical, I don't contribute to terrible companies anymore yay!


How did you go about doing this if you don't mind me asking? I am very interested.

Same here. I have some 'sustainable' ETFs but I am always interested to hear about new/different ones that I don't know about yet.
Title: Re: Race from 10 to 100k!!
Post by: Imma on August 30, 2019, 09:42:37 AM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95

Goals for 2019:
Savings: €5000
Investments: €10000

Not a good month for the net worth, with a big invoice for a renovation project due + tuition and books for next semester and a lower income because of unpaid leave + no income from my side hustle during summer holiday, but I have been pretty frugal otherwise this month - 40% savings rate while I only earned €1350.

I have depleted my emergency fund so building that back up is my main goal as my job has become very insecure. I don't expect it to end before the end of the year but I wouldn't be surprised if it ends next year. There is possibly an option to switch to a different location but I wouldn't want to do that, it's too far from home and if I don't accept that option I will not qualify for unemployment benefits (as I'd be unemployed by choice). I'm sure I'd find work soon enough and my side hustle is going well, so I'm not too worried as long as I've got about 5k (or 6 months of expenses) in my savings account.
Title: Re: Race from 10 to 100k!!
Post by: BobTheBuilder on August 30, 2019, 11:15:57 AM
Hey folks,

I am new to this thread and would like to join in with a thread starting balance of

€11,407

after having just moved into a nicer appartment.

Net worth is composed of:

€17,491 investments and cash
€1,400 car (approx. market value)
€55 employer-co-funded pension plan (contribution startet 7/2019)

€887 CC paid each month
€1,443 student loan at 0.7% (min. payment fixed to €120)
€5,209 bank loan at 3.3%

Plan: >15k by year's end!
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on August 30, 2019, 03:50:00 PM
I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big. My checking account is also not included as it has money I will likely spend this month. Goal for 2019 is to make it to $45K.

Net worth:
Dec2017:$7800
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658
Nov2018: $23,948 (+$290)
Dec2018: $23,960 (+12)
Jan2019: $27,100 (+3140)
Feb2019: $29,443 (+2343)
Mar2019: $31,603 (+2160)
Apr2019: $33,959 (+2356)
May2019: $33,933 (-$26)
Jun2019: $37,928 (+3995)
Jul2019: $39,736 (+1808)
Aug2019: $39,918 (+182) -Its a little sad to know that I added almost $1300 to my retirement investments, and they only went up $182. I hope the bounce back will be epic!
Title: Re: Race from 10 to 100k!!
Post by: Tass on August 30, 2019, 04:01:40 PM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k
Dec 18$22.4k
Jan 19$24.7k
Feb 19$27.2k
Mar 19$29.3k
Apr 19$31.3k
May 19$31.5k
Jun 19$33.3k
Jul 19$35.1k

Aug 19: $36.7k

My three-paycheck month nicely counterbalanced market fluctuations for a steady upward trajectory (and discount stock!) I'm still on track to cross $40k before this December and hit $60k by next December.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on August 31, 2019, 03:41:46 AM
Hey folks,

I am new to this thread and would like to join in

<snip>

Plan: >15k by year's end!

Welcome @BobTheBuilder!  Sounds like you're making good steady progress.  What's the plan for next year?

Congrats @JAYSLOL !
Title: Re: Race from 10 to 100k!!
Post by: Dave15 on August 31, 2019, 09:03:10 AM
New graduate from the race to 50k thread joining in, already used that to track net worth, so no adjustments needed.

I'm a 26 year old guy, living together with my GF in one of the bigger Dutch cities. We are lucky enough to both make decent money for our age and Dutch standards, but rent is rather high. A big part of the numbers above is my half of the down payment we're saving up. GF is very frugal, and I've only just cathced up with her money wise: joint NW is slightly over 100K now! We keep finances separated, so I'll be tracking for myself only.

First six months of 2019 were very fortunate for me: vacation pay, extra monthly pay as a bonus and two holidays that were less expensive than expected. Now it's just hoping I can continue the streak. Next goal: 60k on the 5th of december ("Sinterklaas").

Best of luck to everyone posting and reading here, happy stashing!

25-6-2018            € 29.879,12 ------> Started Tracking
25-7-2018            € 30.749,12
25-8-2018            € 31.993,17
25-9-2018            € 33.185,00 ------> Found MMM
25-10-2018          € 34.433,66
25-11-2018          € 35.556,00
25-12-2018          € 41.939,62
25-1-2019            € 42.082,47
25-2-2019            € 44.338,00
25-3-2019            € 46.218,65
25-4-2019            € 47.829,00
03-6-2019            € 49.478,00
05-7-2019            € 52.722,00
25-7-2019            € 54.736,00
31-8-2019            € 56.431,00

To be honest, the market downfall since last periode was a bit dissapointing, here's hoping to a bigger sale on stocks asap! The month itself was financially dull, standard pay, no big expenses. Sort-off related: my goal to accumulate 50k in hard cash (home deposit, buyer's costs, etc.) is going to be met soon, meaning that come November, I'll be able to increase monthly investments with 70%! And then I'm truly off into the boring middle...

Thanks to all the welcoming messages my first post in here received, happy stashing and best of luck to you all for the next month- we'll get there!
Title: Re: Race from 10 to 100k!!
Post by: philli14 on August 31, 2019, 04:04:29 PM
1/10/18: 43,071
1/11/18: 46,223 (+3152)
1/12/18: 50,605 (+4382)
1/01/19: 57,786 (+7181)
1/02/19: 65,133 (+7347)
1/03/19: 71,695 (+6562)
1/04/19: 77,573 (+5878)
1/05/19: 86,088 (+8515)
1/06/19: 86,749 (+0661)
1/07/19: 95,468 (+8719)
1/08/19: 99,958 (+4490)
1/09/19: 103,810 (+3852)

With all of your permission, I'm going to request to stay in the race for another month. I would like two consecutive months >100k to make sure I'm legit and can move on.

At any rate.. wow! great feeling!! Hoping to officially graduate next month :)
Title: Re: Race from 10 to 100k!!
Post by: nmitb on September 01, 2019, 07:00:27 AM
Congrats @philli14! You never had a down month, move up you wuss ;)
Title: Re: Race from 10 to 100k!!
Post by: peppermint on September 01, 2019, 09:44:40 AM
01/2018: $40796.81
02/2018: $41337.51
03/2018: $42682.42
04/2018: $46138.41
05/2018: $48761.77
06/2018: $51084.06
07/2018: $56155.54
08/2018: $55622.63
09/2018: $62036.49
10/2018: $64543.48
11/2018: $63002.61
12/2018: $65136.29
01/2019: $64776.35
02/2019: $69347.10
03/2019: $71885.58
04/2019: $74177.34
05/2019: $76475.71
06/2019: $77621.20
07/2019: $87651.71
08/2019: $94692.91
09/2019: $96637.79

Ugh, so close.
Title: Re: Race from 10 to 100k!!
Post by: BobTheBuilder on September 01, 2019, 12:00:03 PM

Welcome @BobTheBuilder!  Sounds like you're making good steady progress.  What's the plan for next year?


To double is what I desire :-D How about you?
Title: Re: Race from 10 to 100k!!
Post by: nmitb on September 01, 2019, 12:37:17 PM
2019
Jan: -$7,248
Feb: -$6,093
Mar: -$1,081
Apr: $1,221
May: $4,418
Jun: $5,562
Jul: $7,408
Aug: $9,255
Sept: $25,361


Got paid for something I have been working on for a few years, a one time thing. Nice to officially join the race.
Title: Re: Race from 10 to 100k!!
Post by: catprog on September 02, 2019, 02:25:09 AM
(Oct/2015) $21,229.91
(Oct/2016) $38,686.20
(Oct/2017) $69,217.02
(Oct/2018) $69,963.94
(Jan/2019) $70,629.84
(Feb/2019) $74,360.85
(March/2019) $77,397.67
(April/2019) $82,140.83
(May/2019) $83,987.43
(June/2019) $87,146.59
(July/2019) $93,154.16
(Aug/2019) $97,596.37

Final Aug/2019 total $96,178.98 (100,956.79 if bank accounts are included)
Projected Sep/2019 $98,180.47

Title: Re: Race from 10 to 100k!!
Post by: haypug16 on September 02, 2019, 10:09:11 AM
August 2019 Update
3/31/2017 (52,848.85) - Found MMM
3/31/2018 $(14,916.69) - 1 year in
3/31/2019 $9,917.20 - 2 years in
4/30/2019 $19,835.78
5/31/2019 $21,498.65
6/30/2019 $17,825.45
7/31/2019 $19,232.60
8/31/2019 $18,295.57 (-937.03 decrease)
Title: Re: Race from 10 to 100k!!
Post by: Optimiser on September 02, 2019, 10:55:27 AM
Mar 2019 $14,000
Apr 2019 $12,700
May 2019 $9,500
June 2019 $11,500
July 2019 $17,000

August 2019 $19,900
Title: Re: Race from 10 to 100k!!
Post by: eav on September 02, 2019, 02:13:47 PM
June 2019: $52,951
July 2019: $55,573
August 2019: $57,409
September 2019: $58,726
Title: Re: Race from 10 to 100k!!
Post by: vertkurt on September 02, 2019, 02:56:43 PM
1/1/18= 14,705
2/1/18= 18,264
3/1/18= 21,225
4/1/18= 22,741
5/1/18= 26,020
6/1/18= 28,987
7/1/18= 31,457
8/1/18= 34,642
9/1/18= 37,413
10/1/18= 41,426
11/1/18= 37,475
12/1/18= 44,300
1/1/19= 46,862
2/1/19= 53,310
3/1/19 = 59,800
4/1/19 = 63,705
5/1/19= 70,328
6/1/19= 70,187
7/1/19= 79,553
8/1/19 = 85,573
9/2/19 = 86,127
Title: Re: Race from 10 to 100k!!
Post by: Old Ball Coach on September 02, 2019, 07:04:39 PM
This includes all our retirement and personal accounts for assets. It includes our credit cards, student loan, and mortgage for liabilities. It DOES NOT include our home value.

April 2018 - $52,917.42
May 2018  - $58,400.19
June 2018 - $59,686.34
July 2018  - $65,798.53
Aug 2018 - $72,231.70
Sept 2018 - $76,755.71
Oct 2018 -  $64,348.89
Nov 2018 - $70,839.76
Dec 2018 - $58,351.73
Jan 2019 - $78,256.31
Feb 2019 - $87,795.97
Mar 2019 - $67,121.29
Apr 2019 - $75,155.85
May 2019 - $63,243.68
June 2019 - $79,359.89
July 2019 - $84,352.69
August 2019 - $81,608.49

Still saving, but the market drop was too much to overcome.
Title: Re: Race from 10 to 100k!!
Post by: Sugaree on September 03, 2019, 06:50:25 AM
5/1/2015   $4419.53
5/1/2016   15689.46 
5/1/2017   34125.20
5/1/2018   51663.60 

5/1/2019   64340.45
6/3/2019   64940.28
7/1/2019   70156.02
8/1/2019   74255.95
9/1/2019   74328.43


It's not a loss, so I'll take it.  Retirement accounts were more or less flat once you take into account the contributions.  The biggest change was actually in my bank accounts and that's almost fully explained by my paying a couple of larger annual expenses in August. 
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on September 03, 2019, 07:30:33 AM

2018
1/31 : (5949.05)
2/28 : (5288.30)
3/31 : (4273.93)
4/30 : (2592.07)
5/31 : (629.70)
6/30 : 1,206.77
7/31 : 2,703.97
8/31: 5,651.70
9/31: 8,039.01
10/31: 7,803.49
11/30: 9,531.28
12/31: 9,296.79

2019
1/31/19: 13,493.35
2/28/2019: 15,766.50
3/31/2019: 19,286
4/30/2019: 19,283
5/31/2019: 18,676
6/30/2019 :22,362
7/31/2019: 24,646

8/30/2019: $27,199

I crossed the 1/4 way mark for this thread!

I was nervous about the market drop this month but contributions were greater than the drop fortunately enough for me(wife got paid 3x). Other than that I put about an extra 800.00 toward my debt this month. Working on being debt free here in 2 years.

Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on September 03, 2019, 07:33:37 AM
Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

9/29/17 - $11,511 (First post in thread)
6/30/18 - $36,000
7/31/18 - $38,676
8/31/18 - $40,277
9/30/18 - $50,572
10/31/18 - $46,085
11/30/18 - $48,956
12/31/18 - $46,003
1/31/19 - $53,028
2/28/19 - $58,276
3/31/2019 - $67,340
4/30/2019 - $70,674
5/31/2019 - $69,853
6/30/2019 - $75,757
7/31/2019 - $78,206
8/31/2019 - $83,589

August Notes

The rare two paycheck month is the main reason I am up at all this month. Market bloodbath plus some hefty medical bills caused the net worth to tread water, but my paycheck came early due to the holiday. Though as a result September will be likely trend negative, unless the market gains a bit.
Title: Re: Race from 10 to 100k!!
Post by: SwordGuy on September 03, 2019, 07:37:50 AM
Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

9/29/17 - $11,511 (First post in thread)
6/30/18 - $36,000
7/31/18 - $38,676
8/31/18 - $40,277
9/30/18 - $50,572
10/31/18 - $46,085
11/30/18 - $48,956
12/31/18 - $46,003
1/31/19 - $53,028
2/28/19 - $58,276
3/31/2019 - $67,340
4/30/2019 - $70,674
5/31/2019 - $69,853
6/30/2019 - $75,757
7/31/2019 - $78,206
8/31/2019 - $83,589

August Notes

The rare two paycheck month is the main reason I am up at all this month. Market bloodbath plus some hefty medical bills caused the net worth to tread water, but my paycheck came early due to the holiday. Though as a result September will be likely trend negative, unless the market gains a bit.

Lucky you!   You got to buy extra at a lower price!   

.
Title: Re: Race from 10 to 100k!!
Post by: cassafrass on September 03, 2019, 07:52:21 AM

2019
01/2019:  49,400
02/2019:  52,900
03/2019:  55,500
05/2019:  59,500
05/2019:  61,100
06/2019:  71,200
07/2019:  75,000
08/2019:  75,300
09/2019:  79,200

We had a 5-paycheck month, plus my husband is now getting his employer 401k match for a nice savings boost.

Met with our mortgage broker last week and were able to secure a 3.375% refinance (decreased from 4.625!) that will decrease our payment ~150/month. We'll lose a little chunk of savings in loan fees when we close later this month, but I'm planning to funnel all of that extra monthly $$ into investments and will break even in less than 3 years.

Moral of the story: If you have a mortgage, check to see if it's worth it to refinance because rates are really low right now!

Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on September 03, 2019, 08:50:27 AM
September 2018 - $20,031
October 2018 - $19,301
November 2018 - $20,523
December 2018 - $20,923
January 2019 - $21,742
February 2019 - $23,933
March 2019 - $25,416
April 2019 - $26,812
May 2019 - $26,575 
June 2019 - $27,758
July 2019 - $29,419

August 2019 - $29,884

Bah!  So close!  My 401K was lower this month than last month.  Fingers crossed I'll hit $30K next month, I suppose. 
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on September 03, 2019, 10:28:44 AM
Tracking net worth.

EOY 12.2016 - (-£10,250)
EOY 12.2017 - £4,360
EOY 12.2018 - £40,620
01.2019 - £42,662 (+2,042)
02.2019 - £43,796 (+1,134)
03.2019 - £44,582 (+786)
04.2019 - £49,305 (+4,723)
05.2019 - £51,853 (+2,548)
06.2019 - £52,723 (+870)
07.2019 - £55,172 (+2,449)
08.2019 - £57,197 (+2,025)
09.2019 - £59,201 (+453)

Assets = £65,317
Student loans = (£6,116)
Title: Re: Race from 10 to 100k!!
Post by: coldestcat on September 03, 2019, 12:00:48 PM
I am not sure if I am in this topic or not since I just started tracking and last time I was at net worth 4k and now it is much higher. So I will post in this one and the race to 10k one just in case for next month.

9/3/19-    15,357.17
Title: Re: Race from 10 to 100k!!
Post by: paulkots on September 03, 2019, 01:43:31 PM
11/26/17: $47,707.48
06/22/18: $72,953.75
07/27/18: $71,676.31
08/23/18: $65,034.83
10/04/17: $63,306.87
10/26/18: $64,270.98
11/27/18: $66,467.65
12/26/18: $66,160.59
01/28/18: $64,688.44
03/25/19: $63,325.75
04/24/19: $65,022.87
06/04/19: $63,056.67
07/30/19: $65,345.01

Missed a month since I was on a 30 day roadtrip. Numbers look good since quarter taxes and un-invested IRA monies are part of it. Vacations are behind so I need to start catching up with a few financial loose ends.

09/03/19: $64,034.31

Quarterly taxes were paid. To much money was wasted last month on food, going out, alcohol, etc
Title: Re: Race from 10 to 100k!!
Post by: M5 on September 04, 2019, 05:10:12 PM
4/13/18: $14,324.67
12/27/18: $20,377.45
2/6/19: $27,927.20
3/1/19: $33,596.07
4/3/19: $57,285.55
5/7/19: $61,326.50
6/10/19: $62,992.97
7/3/19: $67,032.16
8/6/19: $66,081.23
9/4/19: $77,565.51

Sold our rental house which led to the big jump this month. We're now maxing 401k's and will start contributing to our Roth IRAs again soon. We should then be increasing our NW by around $4500/mo. My new goal is to hit $100k by April 2021!
Title: Re: Race from 10 to 100k!!
Post by: Lamancha on September 06, 2019, 04:31:44 PM
Nov 2018- $23,000
Dec 2018- $26,000
Jan 2019- $29,000
Feb 2019- $36,000
March 2019- $40,000
April 2019- $43,000
May 2019- $48,000
June 2019- $54,000
July 2019- $60,600

Aug 2019- $71,800

July was a good month for the business.  Things will probably start slowing down in September.

Sept 2019- $85,100
Title: Re: Race from 10 to 100k!!
Post by: Imma on September 07, 2019, 02:43:10 PM
11/26/17: $47,707.48
06/22/18: $72,953.75
07/27/18: $71,676.31
08/23/18: $65,034.83
10/04/17: $63,306.87
10/26/18: $64,270.98
11/27/18: $66,467.65
12/26/18: $66,160.59
01/28/18: $64,688.44
03/25/19: $63,325.75
04/24/19: $65,022.87
06/04/19: $63,056.67
07/30/19: $65,345.01

Missed a month since I was on a 30 day roadtrip. Numbers look good since quarter taxes and un-invested IRA monies are part of it. Vacations are behind so I need to start catching up with a few financial loose ends.

09/03/19: $64,034.31

Quarterly taxes were paid. To much money was wasted last month on food, going out, alcohol, etc

I'm so sorry but I have to laugh every time I see your username. In my language (Dutch) kots = puke. Hope you didn't buy that much alcohol :)
Title: Re: Race from 10 to 100k!!
Post by: paramorgan9 on September 08, 2019, 10:45:35 PM
I've been following this thread for awhile and am excited to finally jump in with some numbers of my own!

8/31/18: $41,824.90
12/31/18: $46,368.78
7/31/19: $74,727.68
8/31/19:$76,225.03
Title: Re: Race from 10 to 100k!!
Post by: Trifle on September 09, 2019, 03:29:42 AM
Welcome @paramorgan9 !  Great progress this year.  How did you manage such a big jump?
Title: Re: Race from 10 to 100k!!
Post by: adamsputnik on September 09, 2019, 11:36:08 AM
1/18/18 - 18,350.00
3/15/18 - 20,267.70
5/17/18 - 19,930.00
8/31/18 - 25,908.00
9/21/18 - 28,115.00
11/30/18 - 29,835.00
12/14/18 - 30,879.00
12/31/18 - 30,072.00
1/15/19 - 32,774.00
1/31/19 - 34,776.00
3/13/19 - 36,967.00
4/5/19 - 39,465.00
5/3/19 - 41,790.00
6/7/19 - 44,852.00
7/12/19 - 48,436.00
9/9/19 - 51,564.00

It's been a while since I've updated this. Couple of slow months with market downturns and some overly expensive travel and vet bills. I think we're back on the upswing in general though, and the halfway point has been surpassed.
Title: Re: Race from 10 to 100k!!
Post by: Imma on September 12, 2019, 10:45:44 AM
Congrats!!! Hope to see you in the next thread, in a couple of years ;-) I would be checking my investments every day as well if I was so close to graduating!
Title: Re: Race from 10 to 100k!!
Post by: Treedream on September 12, 2019, 12:09:46 PM
Being so close, I've been checking the market daily for the last couple weeks (yes, I know how unhealthy that is). The awesome last ten days or so in the market have pushed me over 100k.

Final numbers

7/1/18: 41,258
8/1/18: 43,517
9/1/18: 48,733
10/1/18: 49,642
11/1/18: 52,012
12/1/18: 56,889
1/1/19: 60,898
2/1/19: 71,098
3/1/19: 77,557
4/1/19: 81,086
5/1/19: 81,836
6/1/19: 79,610
7/1/19: 88,436
8/1/19: 94,585
9/1/19: 99,159
9/12/19: 100,631

Breakdown of net worth

Net value of home: 25,689
Investments: 61,152
Cash: 13,790

If someone would like to keep up with the spreadsheet, here is the link: Google doc for race to $100k (https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit#gid=0)

Congrats DadJokes! You've really flown through this last year!
Title: Re: Race from 10 to 100k!!
Post by: Evasion on September 13, 2019, 09:15:28 PM

Back up! I made a plan to save at least 10k before 2020, hope I can stick to it! Rebalanced my investments to be full ethical, I don't contribute to terrible companies anymore yay!


How did you go about doing this if you don't mind me asking? I am very interested.

Same here. I have some 'sustainable' ETFs but I am always interested to hear about new/different ones that I don't know about yet.

Hello Hirondelle and Haypug, sorry I only come here twice a month :)
I trade on the ASX in Australia. I buy a mix of VESG for international stock and FAIR for domestic / Australian exposure which is focused on sustainability leaders and not just negative screening. I have divested from VDHG as it included too much mining through VAS the basic ASX 200 Australian index, including thermal coal which is no no no for me.
I also  have a Raiz account which is a micro investment app from my investing start. I am on the socially responsible portfolio which is a mix of RARI and ETHI for the stocks, then some bonds. Happy to chat more in PM so we don't derail the racing thread ;)
Title: Re: Race from 10 to 100k!!
Post by: Evasion on September 13, 2019, 09:22:21 PM
20 Dec 18 - 37,800
16 Jan 19 - 39,900
1 Feb 19 - 41,500
15 Feb 19 - 43,362
March 2019 - 45,496
Mid March 2019 - 45,815
April 19 - 46,412
Late April 2019 - 48,372
20 June 2019 - 50,890
3 July 2019 - 53,333
Mid July 2019 - 52,850
1 August 2019 - 54,160
Mid August 2019 - 53,521
1 September 2019 - 55,314
Mid September 2019 - 57,608

Finally a nice big jump. So far following my new saving plan. Got a small tax return which helped a little.
With dividends and good discipline, I hope to be over 60k in a month!
Title: Re: Race from 10 to 100k!!
Post by: Serendip on September 13, 2019, 11:23:39 PM
Dec '17    18,146
Jan '18     23,607
Feb '18     27,000
Mar '18     29,008
Apr '18     30,100
May '18    35,030
Jun '18     36,700
July '18    39,000
Aug '18    40,150
Sep '18    42,500
Oct '18     43,300
Nov '18    44,500
Dec '18    48,380
Jan '19     51,210
Feb '19     53,000
Mar '19     55,075
Apr '19     53,065
May '19    54,008
June '19   56,272
July '19    57,022
Aug '19    59,005
Sept '19   61,160

Phew--busted outta those 50k's!
Title: Re: Race from 10 to 100k!!
Post by: iamthepinky on September 15, 2019, 04:18:46 PM
A little late to post, these numbers are for 9/1:

January 2019    $ 34,820.54
February 2019    $ 40,959.03
March 2019    $ 48,963.23
April 2019        $ 49,324.37
May 2019            $ 54,756.42
June 2019       $ 62,703.77
July 2019            $ 68,173.37
August 2019    $ 71,590.05

Bad market and a vacation made this month a little slower. But we've bounced back nicely with the market.
Title: Re: Race from 10 to 100k!!
Post by: catprog on September 16, 2019, 02:13:07 AM
I think I will be graduating this month.  My two investment accounts together total $99,929.11
Title: Re: Race from 10 to 100k!!
Post by: Manchester on September 23, 2019, 04:44:51 AM
So my recent figures are:

22/07/2019 - £22,744.50
22/08/2019 - £23,289.96
22/09/2019 - £24,756.80

It's an increase of £1,466.84 which is a bit higher than recent months. 

I've increased my N/W by around £16,700 in the last year and I started tracking in September 2017 with a N/W around -£1,400.

All going pretty well.  Just feel like I'll be in this thread for years, which is kind of demoralising, I know Rome wasn't built in a day though.  Just got to think of other ways to speed up my progress.
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on September 23, 2019, 10:31:34 AM
All going pretty well.  Just feel like I'll be in this thread for years, which is kind of demoralising, I know Rome wasn't built in a day though.  Just got to think of other ways to speed up my progress.

Don't worry, I think you're going faster than me.  I predict I'll be here for another 5-6 years or so.  Settle in, have some coffee with me!
Title: Re: Race from 10 to 100k!!
Post by: Manchester on September 23, 2019, 10:44:35 AM
That'll be a hell of a lot of coffee...  :')
Title: Re: Race from 10 to 100k!!
Post by: paramorgan9 on September 23, 2019, 02:49:08 PM
Welcome @paramorgan9 !  Great progress this year.  How did you manage such a big jump?

Thank you! I started my first full-time job at the beginning of 2018 after graduating from college, so I've tried to take full advantage of my 401k, HSA, and ESPP since then. I've also been working on setting goals for myself throughout the year and tracking everything to ensure that I am on track to hit them!
Title: Re: Race from 10 to 100k!!
Post by: catprog on September 25, 2019, 02:43:56 PM
(Oct/2015) $21,229.91
(Oct/2016) $38,686.20
(Oct/2017) $69,217.02
(Oct/2018) $69,963.94
(Jan/2019) $70,629.84
(Feb/2019) $74,360.85
(March/2019) $77,397.67
(April/2019) $82,140.83
(May/2019) $83,987.43
(June/2019) $87,146.59
(July/2019) $93,154.16
(Aug/2019) $97,596.37
(current) $102,128.33
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on September 26, 2019, 04:51:30 AM
Dec 2017 €14.300
June 2018 €23.300 (+9k over 6 months)
Dec 2018 €35.600 (+13.3k over 6 months)
June 2019 €48.000 (+12.3k over 6 months)
July 2019 €49.400 (+1.400)
Aug 2019 €49.200 (-200)
Sept 2019 €52.600 (+3.400)

Stocks went all the way back up so big jump this month. Also had a good month business-wise so that gave some extra cash to top it up. Finally passed the halfway mark!! 
Title: Re: Race from 10 to 100k!!
Post by: BobTheBuilder on September 26, 2019, 12:42:48 PM
Oh. Wow! I made a mistake. Over all the bonuses I received and stocks coming back, I forgot about the security deposit from the apartment.
So I have to correct the last two months up by 1,875€.

Current net worth as of September 26th, 2019:

14,217€!

Total debt is now below 7k, investments and cash is at 17,500€.

I am stunned :-D

Title: Re: Race from 10 to 100k!!
Post by: Treedream on September 28, 2019, 06:18:30 AM
01/06/2018: -€60
01/01/2019: €2875.28
01/07 2019: €9288.2
01/08/2019: €10.485.05 good month 😀
01/01/2020: €14.500 Goal

01/09/2019: 11554.85



28/09/2019:  €12.182,10

This month was as expected considering I went on holiday and spent way too much on food.
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on September 28, 2019, 03:00:47 PM
Tracking net worth. Finally into the 60s!

EOY 12.2016 - (-£10,250)
EOY 12.2017 - £4,360
EOY 12.2018 - £40,620
01.2019 - £42,662 (+2,042)
02.2019 - £43,796 (+1,134)
03.2019 - £44,582 (+786)
04.2019 - £49,305 (+4,723)
05.2019 - £51,853 (+2,548)
06.2019 - £52,723 (+870)
07.2019 - £55,172 (+2,449)
08.2019 - £57,197 (+2,025)
09.2019 - £59,201 (+2,004)
10.2019 - £60,788 (+1,587)

Assets = £66,513
Student loans = (£5,725)
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on September 28, 2019, 05:06:52 PM
I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big. My checking account is also not included as it has money I will likely spend this month. Goal for 2019 is to make it to $45K.

Net worth:
Dec2017:$7800
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658
Nov2018: $23,948 (+$290)
Dec2018: $23,960 (+12)
Jan2019: $27,100 (+3140)
Feb2019: $29,443 (+2343)
Mar2019: $31,603 (+2160)
Apr2019: $33,959 (+2356)
May2019: $33,933 (-$26)
Jun2019: $37,928 (+3995)
Jul2019: $39,736 (+1808)
Aug2019: $39,918 (+182)
Sep2019: $34,179 (-5739)- The market bounce back was great, but I was getting a little to0 close to my 45K goal, so I went and bought a vehicle. (net worth of just investments-no loan would be at 43100). I am lowering my investments for next month to help cash flow some personal bills, so the markets going to need to go up up and away for me to meet my 45K EOY goal.

Title: Re: Race from 10 to 100k!!
Post by: Evasion on September 30, 2019, 04:58:50 AM
20 Dec 18 - 37,800
16 Jan 19 - 39,900
1 Feb 19 - 41,500
15 Feb 19 - 43,362
March 2019 - 45,496
Mid March 2019 - 45,815
April 19 - 46,412
Late April 2019 - 48,372
20 June 2019 - 50,890
3 July 2019 - 53,333
Mid July 2019 - 52,850
1 August 2019 - 54,160
Mid August 2019 - 53,521
1 September 2019 - 55,314
Mid September 2019 - 57,608
1 October 2019 - 58,184

Don't know what I did there, expected way better than that.
Oh well at least it's going up. The 60s are coming.
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on September 30, 2019, 09:37:19 AM

September 2018 - $20,031
October 2018 - $19,301
November 2018 - $20,523
December 2018 - $20,923
January 2019 - $21,742
February 2019 - $23,933
March 2019 - $25,416
April 2019 - $26,812
May 2019 - $26,575 
June 2019 - $27,758
July 2019 - $29,419
August 2019 - $29,884

September 2019 - $30,602

Woo hoo!  Finally broke into the 30s!  It was an ugly month for cash for me, but the market went back up, so I'll take it.
Title: Re: Race from 10 to 100k!!
Post by: nmitb on October 01, 2019, 03:17:27 AM
2019
Jan: -$7,248
Feb: -$6,093
Mar: -$1,081
Apr: $1,221
May: $4,418
Jun: $5,562
Jul: $7,408
Aug: $9,255
Sept: $25,361
Oct: $27,333
Title: Re: Race from 10 to 100k!!
Post by: coldestcat on October 01, 2019, 09:42:21 AM
9/3/19-    15,357.17
10/1/19-   15,636.38
Title: Re: Race from 10 to 100k!!
Post by: Old Ball Coach on October 01, 2019, 09:51:13 AM
This includes all our retirement and personal accounts for assets. It includes our credit cards, student loan, and mortgage for liabilities. It DOES NOT include our home value.

April 2018 - $52,917.42
May 2018  - $58,400.19
June 2018 - $59,686.34
July 2018  - $65,798.53
Aug 2018 - $72,231.70
Sept 2018 - $76,755.71
Oct 2018 -  $64,348.89
Nov 2018 - $70,839.76
Dec 2018 - $58,351.73
Jan 2019 - $78,256.31
Feb 2019 - $87,795.97
Mar 2019 - $67,121.29
Apr 2019 - $75,155.85
May 2019 - $63,243.68
June 2019 - $79,359.89
July 2019 - $84,352.69
August 2019 - $81,608.49
September 2019 - $87,380.98

Still saving and the market climbed some.
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on October 01, 2019, 09:59:03 AM
Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

9/29/17 - $11,511 (First post in thread)
6/30/18 - $36,000
7/31/18 - $38,676
8/31/18 - $40,277
9/30/18 - $50,572
10/31/18 - $46,085
11/30/18 - $48,956
12/31/18 - $46,003
1/31/19 - $53,028
2/28/19 - $58,276
3/31/2019 - $67,340
4/30/2019 - $70,674
5/31/2019 - $69,853
6/30/2019 - $75,757
7/31/2019 - $78,206
8/31/2019 - $83,589
9/30/2019 - $83,292

September Notes

As I noted in my August update, my September paycheck came early. My October paycheck did not, so September in effect was a zero paycheck month. I managed to basically tread water, going negative by around $300. Though there were a few out of the ordinary expenses including a wedding in which my wife was a bridesmaid that wound up being rather pricey for us. October should be back to normal.
Title: Re: Race from 10 to 100k!!
Post by: Dave15 on October 01, 2019, 10:26:22 AM
25-6-2018            € 29.879,12 ------> Started Tracking
25-7-2018            € 30.749,12
25-8-2018            € 31.993,17
25-9-2018            € 33.185,00 ------> Found MMM
25-10-2018          € 34.433,66
25-11-2018          € 35.556,00
25-12-2018          € 41.939,62
25-1-2019            € 42.082,47
25-2-2019            € 44.338,00
25-3-2019            € 46.218,65
25-4-2019            € 47.829,00
03-6-2019            € 49.478,00
05-7-2019            € 52.722,00
25-7-2019            € 54.736,00
31-8-2019            € 56.431,00
01-10-2019          € 58.445,00

Last month was a little boring money wise, but I'm happy with the outcome I guess. Another good month will put me over 60k by next paycheck, so that's a little something to look forward to.
Title: Re: Race from 10 to 100k!!
Post by: peppermint on October 01, 2019, 02:11:06 PM
01/2018: $40796.81
02/2018: $41337.51
03/2018: $42682.42
04/2018: $46138.41
05/2018: $48761.77
06/2018: $51084.06
07/2018: $56155.54
08/2018: $55622.63
09/2018: $62036.49
10/2018: $64543.48
11/2018: $63002.61
12/2018: $65136.29
01/2019: $64776.35
02/2019: $69347.10
03/2019: $71885.58
04/2019: $74177.34
05/2019: $76475.71
06/2019: $77621.20
07/2019: $87651.71
08/2019: $94692.91
09/2019: $96637.79
10/2019: $98993.61

maybe end of 2019!
Title: Re: Race from 10 to 100k!!
Post by: philli14 on October 01, 2019, 04:37:32 PM
1/10/18: 43,071
1/11/18: 46,223 (+3152)
1/12/18: 50,605 (+4382)
1/01/19: 57,786 (+7181)
1/02/19: 65,133 (+7347)
1/03/19: 71,695 (+6562)
1/04/19: 77,573 (+5878)
1/05/19: 86,088 (+8515)
1/06/19: 86,749 (+0661)
1/07/19: 95,468 (+8719)
1/08/19: 99,958 (+4490)
1/09/19: 103,810 (+3852)
1/10/19: 107,111 (+3301)

I'm out! Looking forward to seeing you guys/gals in 100k-250k :)
Title: Re: Race from 10 to 100k!!
Post by: CrabboStache on October 01, 2019, 05:05:53 PM
4/1/18 - 8,288.95
11/14/18 - 17,977.82
3/30/19 - 24,649.79
7/1/19 - 29,604.18

Coming in for my quarterly update. Up to a net worth of $31,878.15. Not as large of an increase as I usually see per quarter (lots of extraneous expenses...a tattoo I've wanted for a long time, some medical procedures, etc). Buuuuut, I've finally hit the point of my net worth > my annual gross salary! Woohoo!
Title: Re: Race from 10 to 100k!!
Post by: Optimiser on October 01, 2019, 08:50:13 PM
Mar 2019 $14,000
Apr 2019 $12,700
May 2019 $9,500
June 2019 $11,500
July 2019 $17,000
August 2019 $19,900

September 2019 $19,900

Could be worse I guess
Title: Re: Race from 10 to 100k!!
Post by: Sugaree on October 02, 2019, 09:19:24 AM
5/1/2015     $4419.53
5/1/2016     $15689.46
5/1/2017     $34125.20
5/1/2018     $51663.60

5/1/2019     $64340.45
6/3/2019     $64940.28
7/1/2019     $70156.02
8/1/2019     $74255.95
9/1/2019     $74328.43
10/1/2019   $78067.76


Still plugging along.   Starting to see more available OT, so at very least I should see some progress on reducing some liabilities between now and the end of the year.
Title: Re: Race from 10 to 100k!!
Post by: haypug16 on October 02, 2019, 09:51:24 AM
September 2019 Update
3/31/2017 (52,848.85) - Found MMM
3/31/2018 $(14,916.69) - 1 year in
3/31/2019 $9,917.20 - 2 years in
4/30/2019 $19,835.78
5/31/2019 $21,498.65
6/30/2019 $17,825.45
7/31/2019 $19,232.60
8/31/2019 $18,295.57
9/30/2019 $20,402.75 +2,107.18 increase

I seriously thought I already posted this update but I guess not.
Title: Re: Race from 10 to 100k!!
Post by: Tass on October 02, 2019, 07:38:32 PM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k
Dec 18$22.4k
Jan 19$24.7k
Feb 19$27.2k
Mar 19$29.3k
Apr 19$31.3k
May 19$31.5k
Jun 19$33.3k
Jul 19$35.1k
Aug 19$36.7k

Sep 19: $38.6k

I am currently projecting $39.9k for October, so we'll see if I can overshoot that slightly!
Title: Re: Race from 10 to 100k!!
Post by: Imma on October 03, 2019, 05:32:02 AM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28


Goals for 2019:
Savings: €5000
Investments: €10000


My contract was renewed at work and I got a raise! It's still not secure for the long term, but in the short term I'll be fine. I had some more big invoices (about €500 in health related costs and a bunch of other stuff) and a customer from my side hustle called to reschedule to next month, so that means about €250 less income than expected in September. The good news is I'm expecting some reimbursements in October + the invoice from my customer so my income is likely twice as much as it usually is. For now I'm just glad that I didn't actually lose money but stayed at roughly the same NW.
Title: Re: Race from 10 to 100k!!
Post by: kaposzta on October 03, 2019, 08:04:07 AM
July 12, 2019: $66,565
Aug 1, 2019: $68,207 (+2,47%)
Aug 29, 2019: $69,931 (+2,53%)
Sept 29, 2019: $71,138 (+1.73%)

I sold some of my assets during September, but I'm going to invest the money again when I see the opportunity.
I actually spent much more than expected this month, October's SR should be better.
Title: Re: Race from 10 to 100k!!
Post by: M5 on October 03, 2019, 10:13:37 AM
4/13/18: $14,324.67
12/27/18: $20,377.45
2/6/19: $27,927.20
3/1/19: $33,596.07
4/3/19: $57,285.55
5/7/19: $61,326.50
6/10/19: $62,992.97
7/3/19: $67,032.16
8/6/19: $66,081.23
9/4/19: $77,565.51
10/3/19: $81,417.50
Title: Re: Race from 10 to 100k!!
Post by: eav on October 03, 2019, 10:23:02 AM
June 2019: $52,951
July 2019: $55,573
August 2019: $57,409
September 2019: $58,726
October 2019: $61,206
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on October 03, 2019, 02:09:16 PM

I'm out! Looking forward to seeing you guys/gals in 100k-250k :)

Congrats philli14!!!! Hope to see you in the next thread soon.
Title: Re: Race from 10 to 100k!!
Post by: Treedream on October 04, 2019, 04:32:06 AM
My contract was renewed at work and I got a raise!

Congrats Imma! Well done. Also, can I ask what your side hustle is?
Title: Re: Race from 10 to 100k!!
Post by: haypug16 on October 04, 2019, 05:02:40 AM
I'm out! Looking forward to seeing you guys/gals in 100k-250k :)

Great job! See you in the next thread!
Title: Re: Race from 10 to 100k!!
Post by: philli14 on October 04, 2019, 09:40:06 AM
Great job! See you in the next thread!
Congrats philli14!!!! Hope to see you in the next thread soon.

Thank you both!
Title: Re: Race from 10 to 100k!!
Post by: Imma on October 05, 2019, 09:03:15 AM
My contract was renewed at work and I got a raise!

Congrats Imma! Well done. Also, can I ask what your side hustle is?

Thanks! My road to starting my own business is documented here: https://forum.mrmoneymustache.com/throw-down-the-gauntlet/anyone-starting-their-own-business/msg2098897/#msg2098897 

I would highly recommend starting a side hustle. It's a lot of fun, you gain a lot of new skills and because you keep your day job there's a lot less risk/pressure/stress involved. As a rule I only work with nice people.

Title: Re: Race from 10 to 100k!!
Post by: GeekyGirl on October 07, 2019, 03:13:59 AM
Hello

Jan 17, 2017:  € 12,138 
Feb 06, 2017:  € 16,720
Apr 04, 2017:  € 23,400
Oct 23, 2017:  € 27,680

Jan 07, 2019:  € 36,415
Jun 17, 2019:  € 46,385
 Aug 8, 2019:  € 48,526
Aug 18, 2019: € 50,236
Oct 07, 2019:  € 54,012

Yay! Still on track to reach my stretch goal of 56.5K by Dec ie a networth increase of 20K for 2019.
Title: Re: Race from 10 to 100k!!
Post by: repman on October 07, 2019, 06:30:38 AM
The access to the datasheet has been restored. So now you can enter the data for October

https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit#gid=0
Title: Re: Race from 10 to 100k!!
Post by: Cezil on October 07, 2019, 07:31:24 AM
Quote
Dec-2016: $32,870.70
Dec-2017: $58,271.55   (+ 25,400.85)
Dec-2018: $72,493.16   (+ 14,221.61)

Jan-2019:    $81,866.77  (+ 9,373.61)
Feb-2019:   $87,222.31  (+ 5,355.54)
Mar-2019:   $88,865.95 (+ 1,643.64)
Apr-2019:   $93,050.94  (+ 4,184.99)
May-2019:  $91,719.70  ( - 1,331.24)
Jun-2019:   $95,665.54   (+ 3,945.84)
Jul-2019:    $99,502.49  (+ $3,865.95)


Aug-2019:   $98,338.71  (- $1,162.78)
Sep-2019:   $102,459.81  (+ $4,120.10)
 

It was terribly busy in September and I didn’t get a chance to get to the forums that month.  I finally hit the $100K mark at the end of September, however I’ve been thinking of giving my 2 weeks on Friday and taking a few months off (probably not, but it’s nice to dream) since work has gotten super stressful, and the next 3 months will get worse before it can get better, and I’m not sure the pay is worth my health and happiness at this point.  Burn out for 10 months now sucks.  I've reduced my 401k contribution to the match percentage to hoard cash in my checking account so I feel less worried about leaving my job (I do have 5-6 months saved up already, then discovered cobra coverage would be $418/month!).

At least I met the goal.
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on October 07, 2019, 07:46:27 AM

2018
1/31 : (5949.05)
2/28 : (5288.30)
3/31 : (4273.93)
4/30 : (2592.07)
5/31 : (629.70)
6/30 : 1,206.77
7/31 : 2,703.97
8/31: 5,651.70
9/31: 8,039.01
10/31: 7,803.49
11/30: 9,531.28
12/31: 9,296.79

2019
1/31/19: 13,493.35
2/28/2019: 15,766.50
3/31/2019: 19,286
4/30/2019: 19,283
5/31/2019: 18,676
6/30/2019 :22,362
7/31/2019: 24,646
8/30/2019: $27,199


9/31/2019: $30,664

Was a hectic week around here last week (was part of a jury on an assault case) so I was not able to get on and update. It was another good month paying off debt. Good to see everyone's great progress!

Congrats Cezil on hitting this mark! Hopefully all works out with your job and you can figure something out. I wish you the best of luck
Title: Re: Race from 10 to 100k!!
Post by: Tass on October 07, 2019, 07:37:31 PM
The access to the datasheet has been restored. So now you can enter the data for October

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

Thanks repman. Your public service is appreciated.
Title: Re: Race from 10 to 100k!!
Post by: Shelfside27 on October 11, 2019, 07:07:44 AM
Only just signed up to post but been following this thread for a while and it is a huge help to keep me on track.

Since I started tracking:

07/17: £18,831
08/17: £20,396
09/17: £23,363
10/17: £24,599


Quarter of the way there. :-)


A big jump this month thanks to an incredibly generous gift from parents towards my first home purchase. Can't quite put into words how much it means. Now I have the foundation, I need to start putting more towards an index fund ISA or SIPP as I only have my relatively low pension  pot and company shares at the moment. I also need to make sure I avoid the lure of fancy new furniture for the house.

11/17 £26,243
12/17 £27,160
01/18 £28,622
02/18 £48,272

Been a while since I've posted. Started saving more now in a Vanguard ISA. Pretty turbulant end to December/early 19 due to a big trip to Central America, but worth it in my eyes :-)

Mar-18    £48,856.64
Apr-18    £49,114.25
May-18    £49,053.71
Jun-18    £48,221.75
Jul-18    £47,846.38
Aug-18    £48,974.72
Sep-18    £52,939.16
Oct-18    £51,783.55
Nov-18    £53,924.18
Dec-18    £54,660.75
Jan-19    £51,549.50
Feb-19    £51,724.76
Mar-19    £52,470.21
Apr-19    £53,910.50
May-19    £54,337.07
Jun-19    £53,887.49
Jul-19    £55,380.13
Aug-19    £56,174.30
Sep-19    £59,791.60
Oct-19    £60,712.78


starting to ramp up, and a salary increase this summer hopefully really push on over the next year or so
Title: Re: Race from 10 to 100k!!
Post by: Evasion on October 14, 2019, 01:16:14 AM
20 Dec 18 - 37,800
16 Jan 19 - 39,900
1 Feb 19 - 41,500
15 Feb 19 - 43,362
March 2019 - 45,496
Mid March 2019 - 45,815
April 19 - 46,412
Late April 2019 - 48,372
20 June 2019 - 50,890
3 July 2019 - 53,333
Mid July 2019 - 52,850
1 August 2019 - 54,160
Mid August 2019 - 53,521
1 September 2019 - 55,314
Mid September 2019 - 57,608
1 October 2019 - 58,184
15 October 2019 - 58,927

Another disappointing update. I lent some cash to my partner and still awaiting a superannuation payment so hopefully a nice little jump for November.
I must be a bit more disciplined.
Title: Re: Race from 10 to 100k!!
Post by: Serendip on October 15, 2019, 04:46:56 PM
I'm with you @Evasion --must be a bit more disciplined.
Traveling abroad led to a bit of a spending spree. I just cancelled a dinner reservation for tomorrow because we don't need to eat out at a fancy restaurant AT ALL. We have a fridge full of Thanksgiving leftovers (Canadian thanksgiving is much earlier than for you 'mericans), so we wouldn't even appreciate it as much as we normally would. :)

Savings has dropped and spending increased quite a bit, need to reboot!


Dec '17    18,146
Jan '18     23,607
Feb '18     27,000
Mar '18     29,008
Apr '18     30,100
May '18    35,030
Jun '18     36,700
July '18    39,000
Aug '18    40,150
Sep '18    42,500
Oct '18     43,300
Nov '18    44,500
Dec '18    48,380
Jan '19     51,210
Feb '19     53,000
Mar '19     55,075
Apr '19     53,065
May '19    54,008
June '19   56,272
July '19    57,022
Aug '19    59,005
Sept '19   61,160
Oct '19     62,060
Title: Re: Race from 10 to 100k!!
Post by: catorbe on October 16, 2019, 08:44:20 AM
I'm confident that my NW of >$40,000 will stick at this point (until I get paid again on 10/31) thus resulting in me being 40% of the way to the goal!
Title: Re: Race from 10 to 100k!!
Post by: bradspartan on October 16, 2019, 02:42:48 PM
Hi all!

Looking to join this!  Current net worth is ~27K.

However; just curious over what people count in their net worth.  For example, I have a car paid off, with a value of 7K that I currently count in this equation.  Just curious if others do as well.  I've taken the plain approach of any asset (even though cars should rarely count as true assets) is an asset that I depreciate via adding the added mileage in via the Mint application.

Let me know your thoughts.

Title: Re: Race from 10 to 100k!!
Post by: Tass on October 16, 2019, 05:13:54 PM
If any "official" MMM policy on counting cars exists, I would guess they are not generally counted toward NW - but everyone does it differently. Would you ever sell the car? If you're going to run it into the ground, you're not planning to extract that $7k back out of it, so it seems more like a sunk cost which you amortize over the lifetime of use. I don't count my car - or any other physical asset - but the car is the most expensive at less than $2k.

Do what works for you.

(I'm biting my nails on whether I'll make $40k this month. Currently trending toward no.)
Title: Re: Race from 10 to 100k!!
Post by: bradspartan on October 17, 2019, 10:39:00 AM
I don't disagree with what you're saying at all and makes sense to me - however; I'll keep counting the car just b/c I list it all in Mint, and don't want to manually exclude it.  However; to truly graduate from this forum, I think i'll exclude them when I get to the 100k threshold.  For now out of ease, I'll keep it as is.  Good luck on the march to 40k!


If any "official" MMM policy on counting cars exists, I would guess they are not generally counted toward NW - but everyone does it differently. Would you ever sell the car? If you're going to run it into the ground, you're not planning to extract that $7k back out of it, so it seems more like a sunk cost which you amortize over the lifetime of use. I don't count my car - or any other physical asset - but the car is the most expensive at less than $2k.

Do what works for you.

(I'm biting my nails on whether I'll make $40k this month. Currently trending toward no.)
Title: Re: Race from 10 to 100k!!
Post by: catorbe on October 17, 2019, 11:43:39 AM
I don't disagree with what you're saying at all and makes sense to me - however; I'll keep counting the car just b/c I list it all in Mint, and don't want to manually exclude it.  However; to truly graduate from this forum, I think i'll exclude them when I get to the 100k threshold.  For now out of ease, I'll keep it as is.  Good luck on the march to 40k!


If any "official" MMM policy on counting cars exists, I would guess they are not generally counted toward NW - but everyone does it differently. Would you ever sell the car? If you're going to run it into the ground, you're not planning to extract that $7k back out of it, so it seems more like a sunk cost which you amortize over the lifetime of use. I don't count my car - or any other physical asset - but the car is the most expensive at less than $2k.

Do what works for you.

(I'm biting my nails on whether I'll make $40k this month. Currently trending toward no.)

Meet in the middle and use the salvage value instead of KBB. Whatever the value is when you do dispose of it, scrap, sell, trade-in, etc. So if you can get a reliable 500 from the junk yard, or your plan is to turn it in in 10 years when its mileage is super high and you estimate you'll get 1000 or whatever from the trade use that value.

Personally I'm amortizing my remaining car note with my cars value so the asset and debt off-set one another which most won't agree with, but long term I don't want my car to have any impact in my NW so for Mint's purposes I'm doing it this way so it has no effect from an asset or a debt perspective. I know i'll have no debt against my car eventually, but also won't keep an asset on the Balance Sheet either so I just balance it out.
Title: Re: Race from 10 to 100k!!
Post by: Imma on October 17, 2019, 07:02:30 PM
The only valuable asset I have is the house I live in and I don't include it in my net worth for several reasons: the housing market is insane where I live so the equity in my home would seriously distort my NW while I can't access that money, the market value is too difficult to determine exactly every month and I can't downsize any further than this so I can't just sell and cash the money unless I wanted to go and live in a van. I can imagine that if I owned a home worth half a million that I would include (a part) of the equity in my NW because there's the option of selling and releasing that money if I wanted to.
Title: Re: Race from 10 to 100k!!
Post by: dutty on October 20, 2019, 01:01:04 PM



Quote
12/15 -£2,610  
12/16  £5,250   (+£7,860 ~ +301%)
12/17  £10,810 (+£5,560 ~ +106%)
12/18  £68,620 (+£57,810 ~ +634%)
01/19  £68,210  (-£410 ~ -1%)
02/19  £64,060  (-£4,150 ~ -6%)
03/19  £74,350 (+£10,290 ~ +16%)
04/19  £69,650 (-£4,700 ~ -7%)
05/19  £68,950 (-£700 ~ -1%)
06/19  £76,850 (+£7,900 ~ +11%)
07/19  £79,180 (+£2,330 ~ +3%)
08/19  £98,690 (+£19,510 ~ +25%)
09/19  £109,170 (+£10,480 ~ +11% )

Keep fighting the good fight everyone. See you around!



Title: Re: Race from 10 to 100k!!
Post by: Manchester on October 22, 2019, 04:21:35 AM
£24,889.28

My NW increased by £132 this month which is pretty bad for me.  I had a few unusual expenses like car insurance to pay for, which cost me a few hundred £'s.  Also had some wedding-related expenses which didn't help.

Overall I contributed my usual amounts into my investment accounts.  It's just cash that I've spent so not the end of the world.

Should smash through the £25k barrier in November.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on October 22, 2019, 05:11:39 AM
Quote
12/15 -£2,610  
12/16  £5,250   (+£7,860 ~ +301%)
12/17  £10,810 (+£5,560 ~ +106%)
12/18  £68,620 (+£57,810 ~ +634%)
01/19  £68,210  (-£410 ~ -1%)
02/19  £64,060  (-£4,150 ~ -6%)
03/19  £74,350 (+£10,290 ~ +16%)
04/19  £69,650 (-£4,700 ~ -7%)
05/19  £68,950 (-£700 ~ -1%)
06/19  £76,850 (+£7,900 ~ +11%)
07/19  £79,180 (+£2,330 ~ +3%)
08/19  £98,690 (+£19,510 ~ +25%)
09/19  £109,170 (+£10,480 ~ +11% )

Keep fighting the good fight everyone. See you around!

Congratulations @dutty!   Well done! 
Title: Re: Race from 10 to 100k!!
Post by: Treedream on October 24, 2019, 04:49:01 AM
01/06/2018: -€60
01/01/2019: €2875.28
01/07 2019: €9288.2
01/08/2019: €10.485.05
01/09/2019: 11554.85
28/09/2019:  €12.182,10
01/01/2020: €14.500 Goal

24/10/2019: €13.082.24
This number includes investments, savings and holiday sinking fund. I will definitely be making the goal for this year. I am aiming for €15.000, which also seems doable.
Title: Re: Race from 10 to 100k!!
Post by: GeekyGirl on October 28, 2019, 03:07:43 AM
Hello

Yay! Still on track to reach my stretch goal of 56.5K by Dec ie a networth increase of 20K for 2019.
Jan 17, 2017:  € 12,138 
Feb 06, 2017:  € 16,720
Apr 04, 2017:  € 23,400
Oct 23, 2017:  € 27,680

Jan 07, 2019:  € 36,415
Jun 17, 2019:  € 46,385
 Aug 8, 2019:  € 48,526
Aug 18, 2019: € 50,236
Oct 07, 2019:  € 54,012
Oct 27, 2019:  € 55,619

A big ticket item is looming so I'll probably achieve my strech goal but just about.
Title: Re: Race from 10 to 100k!!
Post by: BobTheBuilder on October 28, 2019, 12:06:58 PM
Greetings once againg, here comes October!
I did make the money back I lost on Tesla when my knock-out bull position went pooof in May this year. So my speculative fun-money made me 650€ this month. I am up by over 1.7k for October:

Investments and liquidity:                                                             €19,615
Illiquid positions (car, pension plan...):                                           €3,234
Total debt (CC on full pay, student loan, bank loan, all low interest): €6,887

Networth:                                                                                    €15,962
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on October 30, 2019, 01:16:00 AM
Dec 2017 €14.300
June 2018 €23.300 (+9k over 6 months)
Dec 2018 €35.600 (+13.3k over 6 months)
June 2019 €48.000 (+12.3k over 6 months)
July 2019 €49.400 (+1.400)
Aug 2019 €49.200 (-200)
Sept 2019 €52.600 (+3.400)
Oct 2019 €53.900 (+1.300)

And that while spending the whole month traveling in a western country! As I've finally had my work trip I'm also soon gonna get back about €1500 which will help push me over the 55k goal for November. As that will also be a double paycheck month I may even hit 60k if markets cooperate!

Title: Re: Race from 10 to 100k!!
Post by: Evasion on October 30, 2019, 08:52:31 PM
20 Dec 18 - 37,800
16 Jan 19 - 39,900
1 Feb 19 - 41,500
15 Feb 19 - 43,362
March 2019 - 45,496
Mid March 2019 - 45,815
April 19 - 46,412
Late April 2019 - 48,372
20 June 2019 - 50,890
3 July 2019 - 53,333
Mid July 2019 - 52,850
1 August 2019 - 54,160
Mid August 2019 - 53,521
1 September 2019 - 55,314
Mid September 2019 - 57,608
1 October 2019 - 58,184
15 October 2019 - 58,927
1 November 2019 - 62,103

Finally a nice big jump! Got equivalent of 401k paid for the quarter, brought my spending under control, rebalanced investments, got dividends, etc.
Crazy how much it can fluctuate.
I'll try to keep the momentum and see if I can end the year at +30k.
@Serendip I'm not American;) we're almost on the same amounts, let's improve our discipline and race!
I hope to graduate before end of 2020.
Title: Re: Race from 10 to 100k!!
Post by: haypug16 on October 31, 2019, 06:00:14 AM
October 2019 Update
3/31/2017 (52,848.85) - Found MMM
3/31/2018 $(14,916.69) - 1 year in
3/31/2019 $9,917.20 - 2 years in
4/30/2019 $19,835.78
5/31/2019 $21,498.65
6/30/2019 $17,825.45
7/31/2019 $19,232.60
8/31/2019 $18,295.57
9/30/2019 $20,402.75
10/31/2019 $24,417.80 +$4,015.05 increase

Nice jump for the month :) Hoping I can break into the 30s by the end of the year.
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on October 31, 2019, 06:38:17 AM
October 2018 - $19,301
November 2018 - $20,523
December 2018 - $20,923
January 2019 - $21,742
February 2019 - $23,933
March 2019 - $25,416
April 2019 - $26,812
May 2019 - $26,575 
June 2019 - $27,758
July 2019 - $29,419
August 2019 - $29,884
September 2019 - $30,602

October 2019 - $31,770

I neither added to nor deducted from my savings, so that was all 401K/market gains. 
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on October 31, 2019, 08:37:59 AM
Tracking net worth.

EOY 12.2016 - (-£10,250)
EOY 12.2017 - £4,360
EOY 12.2018 - £40,620
01.2019 - £42,662 (+2,042)
02.2019 - £43,796 (+1,134)
03.2019 - £44,582 (+786)
04.2019 - £49,305 (+4,723)
05.2019 - £51,853 (+2,548)
06.2019 - £52,723 (+870)
07.2019 - £55,172 (+2,449)
08.2019 - £57,197 (+2,025)
09.2019 - £59,201 (+2,004)
10.2019 - £60,788 (+1,587)
11.2019 - £61,934 (+1,146)

Assets = £67,268
Student loans = (£5,334)

Title: Re: Race from 10 to 100k!!
Post by: Serendip on October 31, 2019, 11:30:03 AM

@Serendip I'm not American;) we're almost on the same amounts, let's improve our discipline and race!
I hope to graduate before end of 2020.

Alright--let's do it @Evasion :)
I will likely take longer than your goal of end of 2020 but a challenge is motivating.
Title: Re: Race from 10 to 100k!!
Post by: Optimiser on October 31, 2019, 01:12:56 PM
Mar 2019 $14,000
Apr 2019 $12,700
May 2019 $9,500
June 2019 $11,500
July 2019 $17,000
August 2019 $19,900
September 2019 $19,900

October 2019 $26,200

Thanks stock/housing market!
Title: Re: Race from 10 to 100k!!
Post by: Tass on October 31, 2019, 03:10:57 PM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k
Dec 18$22.4k
Jan 19$24.7k
Feb 19$27.2k
Mar 19$29.3k
Apr 19$31.3k
May 19$31.5k
Jun 19$33.3k
Jul 19$35.1k
Aug 19$36.7k
Sep 19$38.6k

Oct 19: $40.2k

A big mechanic bill pushed this to my second-highest spend month of the year, missing the top spot by only $10. But the stock market launched me past $40k anyway!

The stretchiest of stretch goals would be for me to hit $44.8k by the end of the year, as that would represent a doubling of my net worth in 2019 - a feat I accomplished in 2018, but of course only gets harder over time. ;) Right now I'm forecasting $44.1k. Can I make up the difference?? What suspense!
Title: Re: Race from 10 to 100k!!
Post by: nmitb on October 31, 2019, 03:27:36 PM
2019
Jan: -$7,248
Feb: -$6,093
Mar: -$1,081
Apr: $1,221
May: $4,418
Jun: $5,562
Jul: $7,408
Aug: $9,255
Sept: $25,361
Oct: $27,333
Nov: $31,211
Title: Re: Race from 10 to 100k!!
Post by: Imma on October 31, 2019, 03:29:39 PM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October: €11128.59

Goals for 2019:
Savings: €5000
Investments: €10000

Going in the right direction again, just not as much as I had hoped, but I had some unexpected costs (again). September-December is always the most expensive part of the year for me.
Title: Re: Race from 10 to 100k!!
Post by: Sugaree on November 01, 2019, 04:20:04 AM
5/1/2015     $4419.53
5/1/2016     $15689.46
5/1/2017     $34125.20
5/1/2018     $51663.60

5/1/2019     $64340.45
6/3/2019     $64940.28
7/1/2019     $70156.02
8/1/2019     $74255.95
9/1/2019     $74328.43
10/1/2019   $78067.76
11/1/2019   $81247.16


Not a bad month.  Crossed the $90k asset threshold, so if I can just knock those liabilities down I'll be doing good.
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on November 01, 2019, 07:06:45 AM

Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

9/29/17 - $11,511 (First post in thread)
6/30/18 - $36,000
7/31/18 - $38,676
8/31/18 - $40,277
9/30/18 - $50,572
10/31/18 - $46,085
11/30/18 - $48,956
12/31/18 - $46,003
1/31/19 - $53,028
2/28/19 - $58,276
3/31/2019 - $67,340
4/30/2019 - $70,674
5/31/2019 - $69,853
6/30/2019 - $75,757
7/31/2019 - $78,206
8/31/2019 - $83,589
9/30/2019 - $83,292
10/31/2019 - $87,539

October Notes

Trucking right along, though still have a lot of room for improvement on the expense front.
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on November 01, 2019, 07:13:15 AM

2018
1/31 : (5949.05)
2/28 : (5288.30)
3/31 : (4273.93)
4/30 : (2592.07)
5/31 : (629.70)
6/30 : 1,206.77
7/31 : 2,703.97
8/31: 5,651.70
9/31: 8,039.01
10/31: 7,803.49
11/30: 9,531.28
12/31: 9,296.79

2019
1/31/19: 13,493.35
2/28/2019: 15,766.50
3/31/2019: 19,286
4/30/2019: 19,283
5/31/2019: 18,676
6/30/2019 :22,362
7/31/2019: 24,646
8/30/2019: $27,199
9/31/2019: $30,664


10/31/2019: $33,343

Was a little spend happy this month but sold off some unused things from around the house to make up for it.
Title: Re: Race from 10 to 100k!!
Post by: kaposzta on November 01, 2019, 07:51:22 AM
July 12, 2019: $66,565
Aug 1, 2019: $68,207 (+2,47%)
Aug 29, 2019: $69,931 (+2,53%)
Sept 29, 2019: $71,138 (+1.73%)
Oct 31, 2019: $71,517 (+0,53%)

Investments performed quite bad, and there were some unexpected costs (e.g. new glasses for $250, buying some of the Christmas gifts for $100, buying a sandwich maker for $20, quarterly bank charges, excessive drinking (two times in October instead of one, LOL), incredible Belgian beer sale :) etc.).

SR was around a shameful 33%, good news is that my workplace will support my glass purchase with $100 (in theory), that would bring my SR to a less shameful 40%.

I expect that November will be better investment-wise, income-wise ($110 overtime payment) and spending-wise (I'm not planning to buy any expensive stuff this month), so my minimum target is 65% SR, normal target is 70% and maximum target is 75%.

I managed to sell one domain to an enduser, after the fees I'm expecting $900 in 6 monthly instalments. I hope this side business (or rather a hobby) can significantly help me reach my mid term goal, $100k by the end of 2021.
Title: Re: Race from 10 to 100k!!
Post by: peppermint on November 01, 2019, 08:01:07 AM
01/2018: $40796.81
02/2018: $41337.51
03/2018: $42682.42
04/2018: $46138.41
05/2018: $48761.77
06/2018: $51084.06
07/2018: $56155.54
08/2018: $55622.63
09/2018: $62036.49
10/2018: $64543.48
11/2018: $63002.61
12/2018: $65136.29
01/2019: $64776.35
02/2019: $69347.10
03/2019: $71885.58
04/2019: $74177.34
05/2019: $76475.71
06/2019: $77621.20
07/2019: $87651.71
08/2019: $94692.91
09/2019: $96637.79
10/2019: $98993.61
11/2019: $102339.59

I made it! Thanks for the support and encouragement everyone. :)

I feel like I don't belong in the next thread up!
Title: Re: Race from 10 to 100k!!
Post by: coldestcat on November 01, 2019, 10:39:34 AM
congrats! Whether you feel like it or not the numbers say you do :)

7/17/19-    4,199.61
9/3/19-    15,357.17
10/1/19-   15,636.38
11/1/19-   20,938.14

We have a long awaited trip to Japan coming up in December so I think we might not make much movement for the next few months. We will see.
Title: Re: Race from 10 to 100k!!
Post by: Lamancha on November 01, 2019, 07:39:36 PM
Nov 2018- $23,000
Dec 2018- $26,000
Jan 2019- $29,000
Feb 2019- $36,000
March 2019- $40,000
April 2019- $43,000
May 2019- $48,000
June 2019- $54,000
July 2019- $60,600

Aug 2019- $71,800

July was a good month for the business.  Things will probably start slowing down in September.

Sept 2019- $85,100

Oct 2019- $94,650
Nov 2019- $106,180

I made it! Woot woot.  See you guys in the next race.
Title: Re: Race from 10 to 100k!!
Post by: Old Ball Coach on November 02, 2019, 12:24:21 PM
This includes all our retirement and personal accounts for assets. It includes our credit cards, student loan, and mortgage for liabilities. It DOES NOT include our home value.

April 2018 - $52,917.42
May 2018  - $58,400.19
June 2018 - $59,686.34
July 2018  - $65,798.53
Aug 2018 - $72,231.70
Sept 2018 - $76,755.71
Oct 2018 -  $64,348.89
Nov 2018 - $70,839.76
Dec 2018 - $58,351.73
Jan 2019 - $78,256.31
Feb 2019 - $87,795.97
Mar 2019 - $67,121.29
Apr 2019 - $75,155.85
May 2019 - $63,243.68
June 2019 - $79,359.89
July 2019 - $84,352.69
August 2019 - $81,608.49
September 2019 - $87,380.98
October 2019 - $93,328.51

Still saving and the market climbed some.
Title: Re: Race from 10 to 100k!!
Post by: adamsputnik on November 02, 2019, 05:03:18 PM
1/18/18 - 18,350.00
3/15/18 - 20,267.70
5/17/18 - 19,930.00
8/31/18 - 25,908.00
9/21/18 - 28,115.00
11/30/18 - 29,835.00
12/14/18 - 30,879.00
12/31/18 - 30,072.00
1/15/19 - 32,774.00
1/31/19 - 34,776.00
3/13/19 - 36,967.00
4/5/19 - 39,465.00
5/3/19 - 41,790.00
6/7/19 - 44,852.00
7/12/19 - 48,436.00
9/9/19 - 51,564.00
11/1/19 - 56,169.00
Title: Re: Race from 10 to 100k!!
Post by: vertkurt on November 02, 2019, 07:04:40 PM
1/1/18= 14,705
2/1/18= 18,264
3/1/18= 21,225
4/1/18= 22,741
5/1/18= 26,020
6/1/18= 28,987
7/1/18= 31,457
8/1/18= 34,642
9/1/18= 37,413
10/1/18= 41,426
11/1/18= 37,475
12/1/18= 44,300
1/1/19= 46,862
2/1/19= 53,310
3/1/19 = 59,800
4/1/19 = 63,705
5/1/19= 70,328
6/1/19= 70,187
7/1/19= 79,553
8/1/19 = 85,573
9/1/19 = 86,127
10/1/19 = 89,807
11/1/19 = 96,168

Should graduate around the end of the year. Slight raise at work and have had quite a few weeks of overtime to help boost my savings lately.
Title: Re: Race from 10 to 100k!!
Post by: Imma on November 03, 2019, 03:57:07 AM
Congrats @Lamancha and @peppermint !
Title: Re: Race from 10 to 100k!!
Post by: eav on November 04, 2019, 08:43:59 AM
June 2019: $52,951
July 2019: $55,573
August 2019: $57,409
September 2019: $58,726
October 2019: $61,206
November 2019: $64,509
Title: Re: Race from 10 to 100k!!
Post by: Luz on November 04, 2019, 06:25:28 PM
11/2019: $30,000.00

Living on one low income while paying for husband's schooling and supporting his family...with baby #2 on the way.
I'm hoping to double it by the time my husband's done with school in 4 years.
That might be a little ambitious (unrealistic). But hey, it's good to have a goal!



Title: Re: Race from 10 to 100k!!
Post by: M5 on November 05, 2019, 09:03:56 AM
4/13/18: $14,324.67
12/27/18: $20,377.45
2/6/19: $27,927.20
3/1/19: $33,596.07
4/3/19: $57,285.55
5/7/19: $61,326.50
6/10/19: $62,992.97
7/3/19: $67,032.16
8/6/19: $66,081.23
9/4/19: $77,565.51
10/3/19: $81,417.50
11/5/19: $89,005.60

The markets climbing the past week seems to have helped us quite a bit. If it keeps up we may graduate by the end of the year!
Title: Re: Race from 10 to 100k!!
Post by: jasert39 on November 06, 2019, 02:17:41 PM

I've been using Personal Capital to track our net work for a few months, this will be a fun place to keep track and more importantly keep ourselves on the saving path!  I've only used the site to factor investment/retirement accounts against mortgage and car loan balance, I have cash set aside for home improvements\emergency so I didn't want that money to show a inflated NW, also have not used homes value to factor into the calculation.


September 1, 2018 - $16,853
October 1, 2018 - $20,234
April 2, 2019 - $64,781 (forgot about updating this, but was pretty exciting to see!)

November 6, 2019 - $89,158...the grind is paying off
Title: Re: Race from 10 to 100k!!
Post by: Trifle on November 07, 2019, 05:52:18 AM
Great attitude @Luz!  With that kind of focus you will be there before you know it.  Even little things really do add up. 

@M5 and @jasert39 -- you are neck and neck, nearing the finish line.  The first 100k is the hardest.  Great job!   
Title: Re: Race from 10 to 100k!!
Post by: M5 on November 07, 2019, 01:40:30 PM
Thanks @Trifele !
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on November 09, 2019, 09:55:48 AM
I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big. My checking account is also not included as it has money I will likely spend this month. Goal for 2019 is to make it to $45K.

Net worth:
Dec2017:$7800
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658
Nov2018: $23,948 (+$290)
Dec2018: $23,960 (+12)
Jan2019: $27,100 (+3140)
Feb2019: $29,443 (+2343)
Mar2019: $31,603 (+2160)
Apr2019: $33,959 (+2356)
May2019: $33,933 (-$26)
Jun2019: $37,928 (+3995)
Jul2019: $39,736 (+1808)
Aug2019: $39,918 (+182)
Sep2019: $34,179 (-5739)
Oct2019: 38,091.83 (+3912) Not a bad month, late update due to me being out in the wilderness. Good job everybody!
Title: Re: Race from 10 to 100k!!
Post by: jiimmy on November 10, 2019, 10:47:36 AM
01/2011  $   7,457
01/2012  $ 17,228
01/2013  $ 40,480
01/2014  $ 39,129
01/2015  $ 52,439
01/2016  $ 51,321
01/2017  $ 40,381
01/2018  $ 48,063

01/2019  $ 62,472
02/2019  $ 67,871
03/2019  $ 71,163
04/2019  $ 74,147
05/2019  $ 77,284
06/2019  $ 77,317
07/2019  $ 83,885
08/2019  $ 86,051
09/2019  $ 87,106
10/2019  $ 90,926
11/2019  $ 95,072


Shout-out to all of you that count in Euros or GBP. This challenge is a little tougher for you folks.
Title: Re: Race from 10 to 100k!!
Post by: QuillScroll on November 13, 2019, 01:42:53 PM
30-Apr-18       37941
24-May-18       40069
18-Jun-18        41679
16-Jul-18       46413
13-Aug-18       52974
17-Sep-18       58683
24-Oct-18       60645
23-Aug-19    84161
13-Nov-19    96500

Took another gap in posting there. Again a job change, my commute reduced from 1.5 hrs one way to 30 mins to and fro so very happy.
Title: Re: Race from 10 to 100k!!
Post by: Evasion on November 14, 2019, 03:02:06 AM

20 Dec 18 - 37,800
Mid March 2019 - 45,815
20 June 2019 - 50,890
Mid September 2019 - 57,608
15 October 2019 - 58,927
1 November 2019 - 62,103
15 November 2019 - 64,594

Another nice jump, thanks to a market rally and good ol discipline! I shortened the list to show quarterly progress.
Almost two thirds of the way, I can hardly believe it.
It all works! Keen to continue and see if I can start 2020 over 70k.
Title: Re: Race from 10 to 100k!!
Post by: snorr on November 14, 2019, 12:16:44 PM
11/2019: $30,000.00

Living on one low income while paying for husband's schooling and supporting his family...with baby #2 on the way.
I'm hoping to double it by the time my husband's done with school in 4 years.
That might be a little ambitious (unrealistic). But hey, it's good to have a goal!

Good luck!
Title: Re: Race from 10 to 100k!!
Post by: Dave15 on November 16, 2019, 05:13:43 AM
25-6-2018            € 29.879,12 ------> Started Tracking
25-7-2018            € 30.749,12
25-8-2018            € 31.993,17
25-9-2018            € 33.185,00 ------> Found MMM
25-10-2018          € 34.433,66
25-11-2018          € 35.556,00
25-12-2018          € 41.939,62
25-1-2019            € 42.082,47
25-2-2019            € 44.338,00
25-3-2019            € 46.218,65
25-4-2019            € 47.829,00
03-6-2019            € 49.478,00
05-7-2019            € 52.722,00
25-7-2019            € 54.736,00
31-8-2019            € 56.431,00
01-10-2019          € 58.445,00

06-11-2019          € 60.308,00

In my first post in this thread I challenged myself to get to 62k before december 5th, that will be tight as I have a small weekend getaway coming up.
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on November 18, 2019, 09:35:38 AM
I'm going to join this race and only include invested money. My net worth is larger, even with the current liabilities. I have a couple previous data points, so I'll include those while I'm at it.

                  401K
1-1-2018     6455
12-1-2018   9518
4-1-2019    10960
11-6-2019   13466

I look forward to seeing my progress!
Title: Re: Race from 10 to 100k!!
Post by: Serendip on November 22, 2019, 10:47:24 AM
Dec '17    18,146
Jan '18     23,607
Feb '18     27,000
Mar '18     29,008
Apr '18     30,100
May '18    35,030
Jun '18     36,700
July '18    39,000
Aug '18    40,150
Sep '18    42,500
Oct '18     43,300
Nov '18    44,500
Dec '18    48,380
Jan '19     51,210
Feb '19     53,000
Mar '19     55,075
Apr '19     53,065
May '19    54,008
June '19   56,272
July '19    57,022
Aug '19    59,005
Sept '19   61,160
Oct '19     62,060
Nov '19    64,246


Still need to pay a large bill for taxes, ideally before the end of the year so likely won't grow this much in the next month or two but happy for the progress!

Title: Re: Race from 10 to 100k!!
Post by: Treedream on November 26, 2019, 07:04:42 AM
01/06/2018: -€60
01/01/2019: €2875.28
01/07 2019: €9288.2
01/08/2019: €10.485.05
01/09/2019: 11554.85
28/09/2019:  €12.182,10
24/10/2019: €13.082.24
01/01/2020: €14.500 Goal

26/11/2019: €14,311.49      
Title: Re: Race from 10 to 100k!!
Post by: catorbe on November 26, 2019, 12:54:41 PM
[

I was like boooo when I saw the recent market drops, but also have to realize that while being at $36500 right now instead of 37-38,000 which is where i was anticipating, i'm still averaging over 2000 a month since I broke the 10k mark. Progress!

A few short months later I'm going to be at >$44,000 after the end of the month and rent is paid and suddenly it seems crazy that I was just at 36500 just 3 months ago.
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on November 27, 2019, 12:49:45 AM
Dec 2017 €14.300
June 2018 €23.300 (+9k over 6 months)
Dec 2018 €35.600 (+13.3k over 6 months)
June 2019 €48.000 (+12.3k over 6 months)
July 2019 €49.400 (+1.400)
Aug 2019 €49.200 (-200)
Sept 2019 €52.600 (+3.400)
Oct 2019 €53.900 (+1.300)
Nov 2019 €58.800 (+4.900)

Title: Re: Race from 10 to 100k!!
Post by: ItsALongStory on November 27, 2019, 08:26:15 AM
Dec 2017 €14.300
June 2018 €23.300 (+9k over 6 months)
Dec 2018 €35.600 (+13.3k over 6 months)
June 2019 €48.000 (+12.3k over 6 months)
July 2019 €49.400 (+1.400)
Aug 2019 €49.200 (-200)
Sept 2019 €52.600 (+3.400)
Oct 2019 €53.900 (+1.300)
Nov 2019 €58.800 (+4.900)

Fixed that for you ;)
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on November 27, 2019, 10:02:01 AM
Tracking net worth.

EOY 12.2016 - (-£10,250)
EOY 12.2017 - £4,360
EOY 12.2018 - £40,620
01.2019 - £42,662 (+2,042)
02.2019 - £43,796 (+1,134)
03.2019 - £44,582 (+786)
04.2019 - £49,305 (+4,723)
05.2019 - £51,853 (+2,548)
06.2019 - £52,723 (+870)
07.2019 - £55,172 (+2,449)
08.2019 - £57,197 (+2,025)
09.2019 - £59,201 (+2,004)
10.2019 - £60,788 (+1,587)
11.2019 - £61,934 (+1,146)
12.2019 - £62,523 (+589)

Assets = £67,466
Student loans = (£4,943)
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on November 27, 2019, 03:17:49 PM
Dec 2017 €14.300
June 2018 €23.300 (+9k over 6 months)
Dec 2018 €35.600 (+13.3k over 6 months)
June 2019 €48.000 (+12.3k over 6 months)
July 2019 €49.400 (+1.400)
Aug 2019 €49.200 (-200)
Sept 2019 €52.600 (+3.400)
Oct 2019 €53.900 (+1.300)
Nov 2019 €58.800 (+4.900)

Fixed that for you ;)

Damn! Saved even more money than I thought I had ;)
Title: Re: Race from 10 to 100k!!
Post by: kaposzta on November 29, 2019, 01:50:05 AM
July 12, 2019: $66,565
Aug 1, 2019: $68,207 (+2.47%, +$1,642)
Aug 29, 2019: $69,931 (+2.53%, +$1,724)
Sept 29, 2019: $71,138 (+1.73%, +$1,207)
Oct 31, 2019: $71,517 (+0.53%, +$379)
Nov 29, 2019: $73,138 (+2.27%, +$621)

This month was great spending-wise, as my SR will be around ~80%. Investments grew slowly but steadily. I've sold a domain with $180 profit, and received the first instalment out of 6 after a domain sale in October ($150). Received a $100 and a $200 offer for other domains, these are pending. December spending will be higher than November's, but I'll try to reach $75k by the end of the year.
Title: Re: Race from 10 to 100k!!
Post by: GeekyGirl on November 29, 2019, 07:50:57 AM
Hello,

Jan 17, 2017:  € 12,138 
Feb 06, 2017:  € 16,720
Apr 04, 2017:  € 23,400
Oct 23, 2017:  € 27,680

Jan 07, 2019:  € 36,415
Jun 17, 2019:  € 46,385
 Aug 8, 2019:  € 48,526
Aug 18, 2019: € 50,236
Oct 07, 2019:  € 54,012
Oct 27, 2019:  € 55,619
Nov 29, 2019:  € 58,468

My initial goal for this year was to have a 50K net worth and the stretch goal was an increase of 20K or a NW of 56.5K. I reached both of these goals so I’m really proud of myself. We have a kitchen remodel coming in and we want to change the windows so that could reduce the EOY NW. For 2020, I’m thinking of removing the emergency fund and sinking fund accounts from the NW calculations. This is money I save to spend as needed. It also inflates my saving rates while the money I invest is not increasing so it’s not helpful. It’s decided: as of Jan 2020, I’ll count just real estate and investments accounts in the NW.
Title: Re: Race from 10 to 100k!!
Post by: QuillScroll on November 29, 2019, 08:16:30 AM
30-Apr-18       37941
24-May-18       40069
18-Jun-18        41679
16-Jul-18       46413
13-Aug-18       52974
17-Sep-18       58683
24-Oct-18       60645
23-Aug-19    84161
13-Nov-19    96500
30-Apr-18       37941
24-May-18       40069
18-Jun-18        41679
16-Jul-18       46413
13-Aug-18       52974
17-Sep-18       58683
24-Oct-18       60645
23-Aug-19    84161
13-Nov-19    96500
29-Nov-19    101000

So there, broke the 100K mark. Found MMM on sep/oct 2017, I was saving before as well but not with any goal and was also spending a lot. Started tracking in Dec 2017, so happy to reach the 100K mark in two years. Shows what a little bit of intention and direction can achieve. Though I had some nice bonus at work to help me along.  Thanks to all of you for support.

Hope to see you all soon on the next thread. I'll be still watching this one with interest.
Title: Re: Race from 10 to 100k!!
Post by: Evasion on November 29, 2019, 03:48:35 PM

20 Dec 18 - 37,800
Mid March 2019 - 45,815
20 June 2019 - 50,890
Mid September 2019 - 57,608
15 October 2019 - 58,927
1 November 2019 - 62,103
15 November 2019 - 64,594
1 December 2019 - 67,473

Market gone crazy and good saving efforts! Looks like I am going to go over +30,000 this year!
So keen!
Title: Re: Race from 10 to 100k!!
Post by: BobTheBuilder on November 30, 2019, 03:46:26 AM
My speculative fun-money made me some hundreds more this month, and markets acted in my favor. I am up by over 2.2k for November:

Investments and liquidity:                                                             €21,096
Illiquid positions (car, pension plan...):                                           €3,187
Total debt (CC on full pay, student loan, bank loan, all low interest): €6,040

Networth:                                                                                    €18,234

Goal for December: Prepay the last €965 of student loans, even if it is only at 0.7% interest. Don't want to include it in my 2020 bookkeeping. At this balance, it doesn't matter any longer. Be gone from my life, student debt :-)

20k is very doable if stocks don't tank before Christmas.

Best to you all!
Title: Re: Race from 10 to 100k!!
Post by: Imma on November 30, 2019, 06:25:29 AM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October: €11128.59
November: €11227,46

Goals for 2019:
Savings: €5000
Investments: €10000

Same story as the last couple of months: lots of costs, some expected, some unexpected. Hopefully December will be a little bit better. I'll be off for 2 weeks over Christmas so not commuting will save a lot of money. When I'm off work I hardly spend anything except on food, and even with all the holiday food that's not going to break the bank - maybe €25-50 extra, depending on how many guests we'll have on how many days. I'm a fairly decent cook and I love to bake so I make everything from scratch.
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on November 30, 2019, 07:04:08 AM
November 2018 - $20,523
December 2018 - $20,923
January 2019 - $21,742
February 2019 - $23,933
March 2019 - $25,416
April 2019 - $26,812
May 2019 - $26,575 
June 2019 - $27,758
July 2019 - $29,419
August 2019 - $29,884
September 2019 - $30,602
October 2019 - $31,770

November 2019 - $33,081

Same footnote as before.  I neither added to nor deducted from my cash savings, so that was all 401K/market gains.  Honestly, it's a little scary at this point.
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on November 30, 2019, 09:08:45 AM

Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

9/29/17 - $11,511 (First post in thread)
6/30/18 - $36,000
7/31/18 - $38,676
8/31/18 - $40,277
9/30/18 - $50,572
10/31/18 - $46,085
11/30/18 - $48,956
12/31/18 - $46,003
1/31/19 - $53,028
2/28/19 - $58,276
3/31/2019 - $67,340
4/30/2019 - $70,674
5/31/2019 - $69,853
6/30/2019 - $75,757
7/31/2019 - $78,206
8/31/2019 - $83,589
9/30/2019 - $83,292
10/31/2019 - $87,539
11/30/2019 - $98,502

November Notes

Another dual paycheck month, which means December will be paycheck-less. It also brings me tantalizingly close to the $100K mark, which I will probably cross on January 1st (barring market setbacks of course) when I receive my next paycheck. Wowza.
Title: Re: Race from 10 to 100k!!
Post by: jiimmy on November 30, 2019, 09:31:32 AM
01/2011  $   7,457
01/2012  $ 17,228
01/2013  $ 40,480
01/2014  $ 39,129
01/2015  $ 52,439
01/2016  $ 51,321
01/2017  $ 40,381
01/2018  $ 48,063

01/2019  $ 62,472
02/2019  $ 67,871
03/2019  $ 71,163
04/2019  $ 74,147
05/2019  $ 77,284
06/2019  $ 77,317
07/2019  $ 83,885
08/2019  $ 86,051
09/2019  $ 87,106
10/2019  $ 90,926
11/2019  $ 95,072
12/2019  $101,254

Bon Voyage, see ya in the next thread!
Title: Re: Race from 10 to 100k!!
Post by: vertkurt on November 30, 2019, 10:24:15 AM
1/1/18= 14,705
2/1/18= 18,264
3/1/18= 21,225
4/1/18= 22,741
5/1/18= 26,020
6/1/18= 28,987
7/1/18= 31,457
8/1/18= 34,642
9/1/18= 37,413
10/1/18= 41,426
11/1/18= 37,475
12/1/18= 44,300
1/1/19= 46,862
2/1/19= 53,310
3/1/19 = 59,800
4/1/19 = 63,705
5/1/19= 70,328
6/1/19= 70,187
7/1/19= 79,553
8/1/19 = 85,573
9/1/19 = 86,127
10/1/19 = 89,807
11/1/19 = 96,168
12/1/19 = 101,602

Not bad at all. <2 years to complete this challenge. See everyone in the next one!

Title: Re: Race from 10 to 100k!!
Post by: Old Ball Coach on November 30, 2019, 10:30:57 AM
This includes all our retirement and personal accounts for assets. It includes our credit cards, student loan, and mortgage for liabilities. It DOES NOT include our home value.

April 2018 - $52,917.42
May 2018  - $58,400.19
June 2018 - $59,686.34
July 2018  - $65,798.53
Aug 2018 - $72,231.70
Sept 2018 - $76,755.71
Oct 2018 -  $64,348.89
Nov 2018 - $70,839.76
Dec 2018 - $58,351.73
Jan 2019 - $78,256.31
Feb 2019 - $87,795.97
Mar 2019 - $67,121.29
Apr 2019 - $75,155.85
May 2019 - $63,243.68
June 2019 - $79,359.89
July 2019 - $84,352.69
August 2019 - $81,608.49
September 2019 - $87,380.98
October 2019 - $93,328.51
November 2019 - $103,159.50

Big saving month and an even bigger month in the market. Time to move on up!
Title: Re: Race from 10 to 100k!!
Post by: Imma on November 30, 2019, 11:44:15 AM
Wow @Hirondelle that's really impressive progress!!
Title: Re: Race from 10 to 100k!!
Post by: Tass on November 30, 2019, 12:33:13 PM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k
Dec 18$22.4k
Jan 19$24.7k
Feb 19$27.2k
Mar 19$29.3k
Apr 19$31.3k
May 19$31.5k
Jun 19$33.3k
Jul 19$35.1k
Aug 19$36.7k
Sep 19$38.6k
Oct 19$40.2k

Nov 19: $42.6k

Big jump as my partner and I decided to retroactively restructure the way we share car expenses, inflating my savings rate to 61% for the month. Now I'm set to blow the "double my NW in 2019" goal out of the water - or to surpass it by $400, at least.

Congrats to at least four people so far this month who are graduating!
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on November 30, 2019, 12:45:25 PM
Thanks @Imma! Double paycheck month + travel reimbursement helped a lot, wish every month was this good! You're doing a great job yourself as well keeping the upward trend even though you have big expenses. You've come so far compared to last year!

@Tass, congrats on your almost sure realization of doubling your NW again! Great jump also :)

And ofcourse congrats to all our graduations of this month. Meet you guys in the next thread.
Title: Re: Race from 10 to 100k!!
Post by: KathrinS on November 30, 2019, 01:06:50 PM
I have just graduated from the Race to 50k thread and am eager to join in here. Here are my data points so far:

March 3rd 2019: £24 650
April 11th 2019: £29 470
May 5th 2019: £31 830
June 6th 2019: £33 755
July 4th 2019: £38 274
July 29th 2019: £40 619
September 3rd 2019: £42 102
October 4th 2019: £43 821
November 1st 2019: £46 954
November 30th 2019: £50 134
Title: Re: Race from 10 to 100k!!
Post by: CanadianTeacher on December 01, 2019, 11:17:30 AM
Just contacted my former pension plan. Commuted value is difficult to calculate and I'll get a figure in six months. But I was assured I will get at least my contributions + interest, so: $6,826.01

So my current net worth:
$65,536.55 + $7,678.96 + $6,826.01 = ‬ $80,041.52‬  Woot!

December 1st update: $86,963.15

I received no pay over the summer, but travelled to England and Italy. I also treated myself to a new MacBook for work/pleasure.

With the threat of layoffs/strikes due to our new anti-education government, I will be slowing down my spending drastically. I know I'd be a lot closer to my $100,000 goal if I hadn't spent money on my trip/new technology, but you got to live a little.

I figure I will reach $100,000 by the end of February if my job remains stable.
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on December 01, 2019, 12:51:19 PM
01/2011  $   7,457
01/2012  $ 17,228
01/2013  $ 40,480
01/2014  $ 39,129
01/2015  $ 52,439
01/2016  $ 51,321
01/2017  $ 40,381
01/2018  $ 48,063

01/2019  $ 62,472
02/2019  $ 67,871
03/2019  $ 71,163
04/2019  $ 74,147
05/2019  $ 77,284
06/2019  $ 77,317
07/2019  $ 83,885
08/2019  $ 86,051
09/2019  $ 87,106
10/2019  $ 90,926
11/2019  $ 95,072
12/2019  $101,254

Bon Voyage, see ya in the next thread!

Congrats! I hope to see you in the next thread very soon.
Title: Re: Race from 10 to 100k!!
Post by: haypug16 on December 01, 2019, 07:46:19 PM
November 2019 Update
3/31/2017 (52,848.85) - Found MMM
3/31/2018 $(14,916.69) - 1 year in
3/31/2019 $9,917.20 - 2 years in
4/30/2019 $19,835.78
5/31/2019 $21,498.65
6/30/2019 $17,825.45
7/31/2019 $19,232.60
8/31/2019 $18,295.57
9/30/2019 $20,402.75
10/31/2019 $24,417.80
11/30/2019 $29,601.50 +$5,183.70 increase

Very good month for me. I should easily cross over into the $30ks with my first December check and end the year 1/3 of the way to finishing this race.

Congrats to everyone that graduated this month, seems like it was a good month for a lot of people :)
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on December 01, 2019, 09:36:03 PM
I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big. My checking account is also not included as it has money I will likely spend this month. Goal for 2019 is to make it to $45K.

Net worth:
Dec2017:$7800
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658
Nov2018: $23,948 (+$290)
Dec2018: $23,960 (+12)
Jan2019: $27,100 (+3140)
Feb2019: $29,443 (+2343)
Mar2019: $31,603 (+2160)
Apr2019: $33,959 (+2356)
May2019: $33,933 (-$26)
Jun2019: $37,928 (+3995)
Jul2019: $39,736 (+1808)
Aug2019: $39,918 (+182)
Sep2019: $34,179 (-5739)
Oct2019: $38,091 (+3912)
Nov2019: $39,867.80 (+1776) Pretty typical month, probably not going to make it to 45k this year, but would if I included the value of the car I bought in September . 
Title: Re: Race from 10 to 100k!!
Post by: Sugaree on December 02, 2019, 06:51:00 AM
5/1/2015     $4419.53
5/1/2016     $15689.46
5/1/2017     $34125.20
5/1/2018     $51663.60

5/1/2019     $64340.45
6/3/2019     $64940.28 (+$ 599.83  or  +0.93%)
7/1/2019     $70156.02 (+$5215.74 or  +8.03%)
8/1/2019     $74255.95 (+$4146.62 or  +5.91%)
9/1/2019     $74328.43 (+$  25.79   or  +0.03%)
10/1/2019   $78067.76 (+$3739.33  or  +5.03%)
11/1/2019   $81247.16 (+$3206.40  or  +4.11%)
12/2/2019   $88148.59 (+$6874.43  or  +8.46%)

Good month in the market plus an end-of-the-year bonus that gave my bank accounts a nice boost.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on December 02, 2019, 07:05:01 AM
1/1/18= 14,705
2/1/18= 18,264
3/1/18= 21,225
4/1/18= 22,741
5/1/18= 26,020
6/1/18= 28,987
7/1/18= 31,457
8/1/18= 34,642
9/1/18= 37,413
10/1/18= 41,426
11/1/18= 37,475
12/1/18= 44,300
1/1/19= 46,862
2/1/19= 53,310
3/1/19 = 59,800
4/1/19 = 63,705
5/1/19= 70,328
6/1/19= 70,187
7/1/19= 79,553
8/1/19 = 85,573
9/1/19 = 86,127
10/1/19 = 89,807
11/1/19 = 96,168
12/1/19 = 101,602

Not bad at all. <2 years to complete this challenge. See everyone in the next one!

Congrats @vertkurt !!
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on December 02, 2019, 09:08:33 AM

2018
1/31 : (5949.05)
2/28 : (5288.30)
3/31 : (4273.93)
4/30 : (2592.07)
5/31 : (629.70)
6/30 : 1,206.77
7/31 : 2,703.97
8/31: 5,651.70
9/31: 8,039.01
10/31: 7,803.49
11/30: 9,531.28
12/31: 9,296.79

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


11/30/2019: $35,249

Better month than what I was expecting had some big bills that had to come out but still moving upward!
Title: Re: Race from 10 to 100k!!
Post by: M5 on December 02, 2019, 01:46:49 PM
4/13/18: $14,324.67
12/27/18: $20,377.45
2/6/19: $27,927.20
3/1/19: $33,596.07
4/3/19: $57,285.55
5/7/19: $61,326.50
6/10/19: $62,992.97
7/3/19: $67,032.16
8/6/19: $66,081.23
9/4/19: $77,565.51
10/3/19: $81,417.50
11/5/19: $89,005.60
12/2/19: $95,911.37

Getting close!
Title: Re: Race from 10 to 100k!!
Post by: coldestcat on December 02, 2019, 03:06:17 PM
7/17/19-    4,199.61
9/3/19-    15,357.17
10/1/19-   15,636.38
11/1/19-   20,938.14
12/2/19-   32,158.59    I started keeping track of my assets myself instead of using MINT and I guess there was some money it wasn't tracking, since this is a pretty big jump.
Title: Re: Race from 10 to 100k!!
Post by: Optimiser on December 03, 2019, 01:25:11 PM
Mar 2019 $14,000
Apr 2019 $12,700
May 2019 $9,500
June 2019 $11,500
July 2019 $17,000
August 2019 $19,900
September 2019 $19,900
October 2019 $26,200

November 2019 $34,500
Title: Re: Race from 10 to 100k!!
Post by: Tass on December 03, 2019, 01:59:30 PM
Wow, Optimiser! Best month ever!

(I just got the pun in your name for the first time. Ha.)
Title: Re: Race from 10 to 100k!!
Post by: catorbe on December 04, 2019, 07:36:29 AM
Wow, Optimiser! Best month ever!

(I just got the pun in your name for the first time. Ha.)

I too was today year's old when I saw it! LOL
Title: Re: Race from 10 to 100k!!
Post by: FIRE_guy on December 04, 2019, 11:12:28 PM
Code: [Select]
1/1/2019 $58,510.45
2/1/2019 $57,956.00
3/1/2019 $64,999.54
4/1/2019 $67,995.31
5/1/2019 $67,087.75
6/1/2019 $68,470.09
7/1/2019 $75,814.13
8/1/2019 $79,447.74
9/1/2019 $79,958.65
10/1/2019 $82,594.49
11/1/2019 $86,949.23
12/1/2019 $88,888.31

Our moonshot goal for 2019 was to hit 100k, knowing that it was likely not going to happen. Revised the goal mid-year for 90k as this was a bit more realistic.... SO CLOSE!!!

Hoping to hit 100k early in 2020, but will be incurring 5-10k in moving costs in May, so looks like we might be in tough to crack 100k in 2020. Fingers crossed.

Title: Re: Race from 10 to 100k!!
Post by: Optimiser on December 06, 2019, 02:07:23 PM
Thanks @Tass This is mostly due to the markets though. Nothing special happened on my end of things. Just a slowly building tailwind of less interest to paid each month and more interest earned.
Title: Re: Race from 10 to 100k!!
Post by: adamsputnik on December 13, 2019, 06:51:09 AM
1/18/18 - 18,350.00
3/15/18 - 20,267.70
5/17/18 - 19,930.00
8/31/18 - 25,908.00
9/21/18 - 28,115.00
11/30/18 - 29,835.00
12/14/18 - 30,879.00
12/31/18 - 30,072.00
1/15/19 - 32,774.00
1/31/19 - 34,776.00
3/13/19 - 36,967.00
4/5/19 - 39,465.00
5/3/19 - 41,790.00
6/7/19 - 44,852.00
7/12/19 - 48,436.00
9/9/19 - 51,564.00
11/1/19 - 56,169.00
12/13/19 - 60,978.00

Pretty good progress last month. Having an extra paycheck month didn't hurt. Basically exactly doubled my starting point for this year.
Title: Re: Race from 10 to 100k!!
Post by: Evasion on December 15, 2019, 01:04:24 AM
20 Dec 18 - 37,800
Mid March 2019 - 45,815
20 June 2019 - 50,890
Mid September 2019 - 57,608
15 October 2019 - 58,927
1 November 2019 - 62,103
15 November 2019 - 64,594
1 December 2019 - 67,473
15 December 2019 - 65,794

Down almost 2k this fortnight.. Big unavoidable expenses + market tanking.
It's actually not too bad considering. I even managed to buy a few extra shares.
I'll be back stronger for the first 2020 update!

Title: Re: Race from 10 to 100k!!
Post by: Serendip on December 15, 2019, 04:56:33 PM
Dec '17    18,146
Jan '18     23,607
Feb '18     27,000
Mar '18     29,008
Apr '18     30,100
May '18    35,030
Jun '18     36,700
July '18    39,000
Aug '18    40,150
Sep '18    42,500
Oct '18     43,300
Nov '18    44,500
Dec '18    48,380
Jan '19     51,210
Feb '19     53,000
Mar '19     55,075
Apr '19     53,065
May '19    54,008
June '19   56,272
July '19    57,022
Aug '19    59,005
Sept '19   61,160
Oct '19     62,060
Nov '19    64,246
Dec '19    60,746

*had to rob Peter to pay Paul..or something like that :)

Hopefully next year will continue on an upward trajectory!
Title: Re: Race from 10 to 100k!!
Post by: jasert39 on December 16, 2019, 11:54:25 AM

I've been using Personal Capital to track our net work for a few months, this will be a fun place to keep track and more importantly keep ourselves on the saving path!  I've only used the site to factor investment/retirement accounts against mortgage and car loan balance, I have cash set aside for home improvements\emergency so I didn't want that money to show a inflated NW, also have not used homes value to factor into the calculation.


September 1, 2018 - $16,853
October 1, 2018 - $20,234
April 2, 2019 - $64,781 (forgot about updating this, but was pretty exciting to see!)

November 6, 2019 - $89,158...the grind is paying off

This feels so good...onto the new Race thread for me!  $102,141 NW according to Personal Capital today!!!!
Title: Re: Race from 10 to 100k!!
Post by: M5 on December 18, 2019, 08:42:42 PM
Congrats @jasert39! Hopefully I'll join you in a month or two.
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on December 24, 2019, 02:21:50 AM
Dec 2017 €14.300
June 2018 €23.300 (+9k over 6 months)
Dec 2018 €35.600 (+13.3k over 6 months)
June 2019 €48.000 (+12.4k over 6 months)
July 2019 €49.400 (+1.400)
Aug 2019 €49.200 (-200)
Sept 2019 €52.600 (+3.400)
Oct 2019 €53.900 (+1.300)
Nov 2019 €58.800 (+4.900)
Dec 2019 €61.500 (+2.700 or +13.500 over 6 months)

Yet another great month and my 6 month NW increases keep going up as well :)
Title: Re: Race from 10 to 100k!!
Post by: Dave15 on December 26, 2019, 02:41:52 AM
25-6-2018            € 29.879,12 ------> Started Tracking
25-7-2018            € 30.749,12
25-8-2018            € 31.993,17
25-9-2018            € 33.185,00 ------> Found MMM
25-10-2018          € 34.433,66
25-11-2018          € 35.556,00
25-12-2018          € 41.939,62
25-1-2019            € 42.082,47
25-2-2019            € 44.338,00
25-3-2019            € 46.218,65
25-4-2019            € 47.829,00
03-6-2019            € 49.478,00
05-7-2019            € 52.722,00
25-7-2019            € 54.736,00
31-8-2019            € 56.431,00
01-10-2019          € 58.445,00
06-11-2019          € 60.308,00

In my first post in this thread I challenged myself to get to 62k before december 5th, that will be tight as I have a small weekend getaway coming up.

06-12-2019          € 61.808,00
26-12-2019          € 64.000,00 (estimate, brokerage accounts will take some time to execute orders)

So I didn't make the 62k goal, as I forked over almost €1k to pay for next year's health insurance in advance & infull- it gets you a small percentage off- even if the weekend getaway was cheaper than expected. December came with the first full thirtheenth month I've ever received, and that feeling I can get used to! I'm going to dump most of it into the market since I've saved enough money to cover for expected expenses in the next couple of years (down-payment etc.).

2020 will be the first year where I'm going to invest more than I'll save, which is feeling good (albeit a little nervewrecking for a money-hoarder like me, but I'll get used to that).

Good to see everyone in this thread making serious progress, bet of luck to you in 2020!
Title: Re: Race from 10 to 100k!!
Post by: BobTheBuilder on December 26, 2019, 09:29:23 AM
Ending the year at €20.6k, up 21k over Dec 2018. I like.

After-tax-robbery income was 41k, savings 20k, stock returns approx. 1k, underperfoming 100% passive investing. Why? I lost 2.5k on way to risky leveraged longs in the Spring of 2019. I later made back 3.5k, but at idiotic risk.
I learned a lot this year :-D ->

Do not leverage too high, do not use knock-outs, use options instead, if you must.
Keep most investments in indexes.
If you work full time, you don't have the time to follow more than a few companies even if they are in your field of expertise.
Diversify

So savings rate was ~48%. Plan to keep it that way for 2020.



Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on December 29, 2019, 03:20:34 AM
                  401K   NW
1-1-2018     6455   24k
12-1-2018   9518   37k
4-1-2019    10960  49k
11-6-2019   13466  53k  - start of race

12-29-19     14460   56k

I only have another ~15k in liabilities. I hope to see faster growth in the next year or two.
Title: Re: Race from 10 to 100k!!
Post by: FIRE_guy on December 29, 2019, 06:45:24 AM
Code: [Select]
1/1/2019 $58,510.45
2/1/2019 $57,956.00
3/1/2019 $64,999.54
4/1/2019 $67,995.31
5/1/2019 $67,087.75
6/1/2019 $68,470.09
7/1/2019 $75,814.13
8/1/2019 $79,447.74
9/1/2019 $79,958.65
10/1/2019 $82,594.49
11/1/2019 $86,949.23
12/1/2019 $88,888.31
12/29/2019 $92,750

So close to that 100k mark! Wanted to hit it this year so badly, but still up from 58k in January.

Goal for Q1 2020: hit 100k.
Goal for YE2020: hit 150k.
Title: Re: Race from 10 to 100k!!
Post by: KathrinS on December 30, 2019, 05:59:59 AM
End of December update:

£5012 in emergency fund
£3000 in 5% interest rate savings account
£277 extra money, ready to be invested
£40026 in investment account
£4061 in new LISA


March 3rd 2019: £24 650
April 11th 2019: £29 470
May 5th 2019: £31 830
June 6th 2019: £33 755
July 4th 2019: £38 274
July 29th 2019: £40 619
September 3rd 2019: £42 102
October 4th 2019: £43 821
November 1st 2019: £46 954
November 30th 2019: £50 134
December 30th 2019: £52 376 --> £2 242 increase.
Title: Re: Race from 10 to 100k!!
Post by: slowstart on December 30, 2019, 11:43:53 AM
Assuming this thread carries over to the new year.  New to MMM and the community, trying to get ahold of my financial future. 29y/o with no student debts (woohoo).

Dec 2019 - [total: 64220.99]{Brokerage: 5638.78, 401k: 51229.12, HSA: 7353.09}
Title: Re: Race from 10 to 100k!!
Post by: haypug16 on December 31, 2019, 10:31:13 AM
December 2019 Update
3/31/2017 (52,848.85) - Found MMM
3/31/2018 $(14,916.69) - 1 year in
3/31/2019 $9,917.20 - 2 years in
4/30/2019 $19,835.78
5/31/2019 $21,498.65
6/30/2019 $17,825.45
7/31/2019 $19,232.60
8/31/2019 $18,295.57
9/30/2019 $20,402.75
10/31/2019 $24,417.80
11/30/2019 $29,601.50
12/31/2019 $36,186.69 +6,585.19 increase

Another great month, I got a little over $2k in dividends which helped boost up the number but even without that it was a good month. Just continuing to plug away at student loans and maxed out my 401k contribution for the first time ever this year!

If things continue as they have been then I should finish this race by fall 2021 but I am going to try really hard to beat that.
Title: Re: Race from 10 to 100k!!
Post by: Imma on December 31, 2019, 12:22:38 PM

April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October: €11128.59
November: €11227,46
December: €11991,27

Goals for 2019:
Savings: €5000
Investments: €10000

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

Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on December 31, 2019, 02:08:30 PM
December 2018 - $20,923
January 2019 - $21,742
February 2019 - $23,933
March 2019 - $25,416
April 2019 - $26,812
May 2019 - $26,575 
June 2019 - $27,758
July 2019 - $29,419
August 2019 - $29,884
September 2019 - $30,602
October 2019 - $31,770
November 2019 - $33,081

December 2019 - $34,820

Slow and steady progress upward!  Can't complain about that. 
Title: Re: Race from 10 to 100k!!
Post by: Tass on December 31, 2019, 03:36:11 PM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k
Dec 18$22.4k
Jan 19$24.7k
Feb 19$27.2k
Mar 19$29.3k
Apr 19$31.3k
May 19$31.5k
Jun 19$33.3k
Jul 19$35.1k
Aug 19$36.7k
Sep 19$38.6k
Oct 19$40.2k
Nov 19$42.6k

Dec 19: $44.6k

If you squint a little on the rounding, I have managed to double my NW each year since I joined this forum. This will presumably be the last year of that trend... although I did think that last year!
Title: Re: Race from 10 to 100k!!
Post by: Optimiser on January 01, 2020, 10:49:01 AM
Mar 2019 $14,000
Apr 2019 $12,700
May 2019 $9,500
June 2019 $11,500
July 2019 $17,000
August 2019 $19,900
September 2019 $19,900
October 2019 $26,200
November 2019 $34,500
December 2019 $37,200
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on January 01, 2020, 01:15:44 PM

Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

9/29/17 - $11,511 (First post in thread)
6/30/18 - $36,000
7/31/18 - $38,676
8/31/18 - $40,277
9/30/18 - $50,572
10/31/18 - $46,085
11/30/18 - $48,956
12/31/18 - $46,003
1/31/19 - $53,028
2/28/19 - $58,276
3/31/2019 - $67,340
4/30/2019 - $70,674
5/31/2019 - $69,853
6/30/2019 - $75,757
7/31/2019 - $78,206
8/31/2019 - $83,589
9/30/2019 - $83,292
10/31/2019 - $87,539
11/30/2019 - $98,502
12/31/2019 - $96,225

December Notes

Well, I did not get paid in December, as I am paid once a month and my December check came early, as reflected in my November, stats. Accordingly, I did not expect much progress this month. What I didn't expect, however, was multiple ER visits for DD. Thankfully she is now perfectly fine, but the resulting LOTSA medical expenses coupled with Christmas and Car Insurance being due led to a pretty rough month. I expect to tip over the $100K mark tomorrow when my January check posts - though my open enrollment benefit changes apparently got screwed up somehow, so exact progress TBD.
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on January 01, 2020, 07:00:27 PM
I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big. My checking account is also not included as it has money I will likely spend this month. Goal for 2019 is to make it to $45K.

Net worth:
Dec2017:$7800
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658
Nov2018: $23,948 (+$290)
Dec2018: $23,960 (+12)
Jan2019: $27,100 (+3140)
Feb2019: $29,443 (+2343)
Mar2019: $31,603 (+2160)
Apr2019: $33,959 (+2356)
May2019: $33,933 (-$26)
Jun2019: $37,928 (+3995)
Jul2019: $39,736 (+1808)
Aug2019: $39,918 (+182)
Sep2019: $34,179 (-5739)
Oct2019: $38,091 (+3912)
Nov2019: $39,867 (+1776)
Dec2019: $43836 (+$3968/month) (+$19,876/yr)- So close to the 45K goal, if I could have just avoided a car purchase I would have made it. Good Job Everyone!  Goal for 2020: $70k
Title: Re: Race from 10 to 100k!!
Post by: eav on January 01, 2020, 08:12:34 PM
Skipped a month of updating because...holiday cheer. Happy with the progress regardless!

June 2019: $52,951
July 2019: $55,573
August 2019: $57,409
September 2019: $58,726
October 2019: $61,206
November 2019: $64,509
January 2020: 69,751
Title: Re: Race from 10 to 100k!!
Post by: Sugaree on January 02, 2020, 05:54:14 AM
5/1/2015     $4419.53
5/1/2016     $15689.46
5/1/2017     $34125.20
5/1/2018     $51663.60

5/1/2019     $64340.45
6/3/2019     $64940.28 (+$ 599.83  or  +0.93%)
7/1/2019     $70156.02 (+$5215.74 or  +8.03%)
8/1/2019     $74255.95 (+$4146.62 or  +5.91%)
9/1/2019     $74328.43 (+$  25.79   or  +0.03%)
10/1/2019   $78067.76 (+$3739.33  or  +5.03%)
11/1/2019   $81247.16 (+$3206.40  or  +4.11%)
12/2/2019   $88148.59 (+$6874.43  or  +8.46%)

1/2/2020     $90835.16 (+$2686.57  or  +3.05%)


A decent month.  Always nice to see that number on the far left change.  Normally I don't include my CC balances in my liabilities column because I pay them off frequently enough that it's more or less a wash.  However between xmas and vacation, I had run up a not insignificant balance.  Even though I paid them all off this morning, the money is still sitting in my bank accounts and it seems disingenuous to count the bank account, but not account for the balances.  I don't like seeing that liabilities column go up though. 
Title: Re: Race from 10 to 100k!!
Post by: kaposzta on January 02, 2020, 06:51:08 AM
July 12, 2019: $66,565
Aug 1, 2019: $68,207 (+2.47%, +$1,642)
Aug 29, 2019: $69,931 (+2.53%, +$1,724)
Sept 29, 2019: $71,138 (+1.73%, +$1,207)
Oct 31, 2019: $71,517 (+0.53%, +$379)
Nov 29, 2019: $73,138 (+2.27%, +$1,621)
Jan 01, 2020: $74,276 (+1.56%, +$1,138)

I've spent more in December than I had expected, and it was a mediocre month investmentwise.
SR was 60% for this month, and 60% for the year as well. I wanted to reach a bit better rate, but it is still a good number.
My next year goal is at least 65% savings rate and I want to reach $90k by 2021.
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on January 02, 2020, 07:24:02 AM

2018
1/31 : (5949.05)
2/28 : (5288.30)
3/31 : (4273.93)
4/30 : (2592.07)
5/31 : (629.70)
6/30 : 1,206.77
7/31 : 2,703.97
8/31: 5,651.70
9/31: 8,039.01
10/31: 7,803.49
11/30: 9,531.28
12/31: 9,296.79

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


12/31/2019: $39,079

Got a bigger bonus than I was expecting so that was a nice little plus. still aggressively paying down my student loans. Hoping that I can get those cut in half this next year!

Goal for 2020 70k net worth

Good year for everyone!
Title: Re: Race from 10 to 100k!!
Post by: nmitb on January 02, 2020, 08:04:06 AM

                       2019                2020                2021                2022               
Jan-$7,248$35,632--
Feb-$6,093---
Mar-$1,081---
Apr$1,221---
May$4,418---
Jun$5,562---
Jul$7,408---
Aug$9,255---
Sept$25,361---
Oct$27,333---
Nov$31,211---
Dec$33,422---

Title: Re: Race from 10 to 100k!!
Post by: coldestcat on January 02, 2020, 09:33:16 AM
6/1/19-      0
7/17/19-    4,199.61
9/3/19-    15,357.17
10/1/19-   15,636.38
11/1/19-   20,938.14
12/2/19-   32,158.59
1/2/19-     35,133.82
Went to Japan and had a great time, and spending went up. Getting ready to buckle down though and increase our savings rate. Also realized wife has a few thousand dollars in an old 401k that wasnt captured. once that rolls into her current one we will have a little boost.
Title: Re: Race from 10 to 100k!!
Post by: adamsputnik on January 02, 2020, 10:15:41 AM
1/18/18 - 18,350.00
3/15/18 - 20,267.70
5/17/18 - 19,930.00
8/31/18 - 25,908.00
9/21/18 - 28,115.00
11/30/18 - 29,835.00
12/14/18 - 30,879.00
12/31/18 - 30,072.00
1/15/19 - 32,774.00
1/31/19 - 34,776.00
3/13/19 - 36,967.00
4/5/19 - 39,465.00
5/3/19 - 41,790.00
6/7/19 - 44,852.00
7/12/19 - 48,436.00
9/9/19 - 51,564.00
11/1/19 - 56,169.00
12/13/19 - 60,978.00
1/2/20 - 63,489.00

Starting the new year on a good note. I have a pretty decent raise kicking in next month, and basically an extra paycheck at the end of December while we are transitioning to a new payroll system.
Title: Re: Race from 10 to 100k!!
Post by: Evasion on January 03, 2020, 12:57:12 AM
20 Dec 18 - 37,800
Mid March 2019 - 45,815
20 June 2019 - 50,890
Mid September 2019 - 57,608
15 October 2019 - 58,927
1 November 2019 - 62,103
15 November 2019 - 64,594
1 December 2019 - 67,473
15 December 2019 - 65,794
3 January 2020 - 65,742

Flat net worth BUT I bought stocks on sale, holiday period is over, and my pay is late. Also expecting end of year dividends and income so hoping the next few updates will resume back to strong growth.
Objective is to leave this thread before the end of the year, hopefully with a few months of advance.
Title: Re: Race from 10 to 100k!!
Post by: M5 on January 03, 2020, 12:36:49 PM
4/13/18: $14,324.67
12/27/18: $20,377.45
2/6/19: $27,927.20
3/1/19: $33,596.07
4/3/19: $57,285.55
5/7/19: $61,326.50
6/10/19: $62,992.97
7/3/19: $67,032.16
8/6/19: $66,081.23
9/4/19: $77,565.51
10/3/19: $81,417.50
11/5/19: $89,005.60
12/2/19: $95,911.37

1/3/20: $100,937.12

Just barely made it, what a great way to start the new year. See you in the next race!
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on January 04, 2020, 09:56:19 AM
Tracking net worth.

EOY 12.2016 - (-£10,250)
EOY 12.2017 - £4,360
EOY 12.2018 - £40,620
EOY 12.2019 - £62,523
01.2020 - £64,537 (+2,314)

Assets = £69,098
Student loans = (£4,561)
Title: Re: Race from 10 to 100k!!
Post by: lexde on January 06, 2020, 10:51:40 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46
3/1/2019: $44,391.15
3/15/2019: $45,689.39
3/31/2019: $48,303.11
05/25/2019: $53,145.15
06/07/2019: $54,674.68
06/21/2019: $57,532.15
07/03/2019: $58,718.06
07/19/2019: $60,172.27
08/02/2019: $60,058.32
08/16/2019: $62,923.68

01/06/2020: $69,508.25

A... lot happened since August. Home purchase fell through, dealing with a lawsuit, vet bills, you name it.

Back in the saddle. Working for 100K by August 2020.
Title: Re: Race from 10 to 100k!!
Post by: CanadianTeacher on January 10, 2020, 06:58:14 PM
January update: $96,301.56

Some good investment returns last month :). Might be able to reach 100k at the end of the month. Found out my job is secure until the end of June, so it seems very likely by the end of February.


Just contacted my former pension plan. Commuted value is difficult to calculate and I'll get a figure in six months. But I was assured I will get at least my contributions + interest, so: $6,826.01

So my current net worth:
$65,536.55 + $7,678.96 + $6,826.01 = ‬ $80,041.52‬  Woot!

December 1st update: $86,963.15

I received no pay over the summer, but travelled to England and Italy. I also treated myself to a new MacBook for work/pleasure.

With the threat of layoffs/strikes due to our new anti-education government, I will be slowing down my spending drastically. I know I'd be a lot closer to my $100,000 goal if I hadn't spent money on my trip/new technology, but you got to live a little.

I figure I will reach $100,000 by the end of February if my job remains stable.
Title: Re: Race from 10 to 100k!!
Post by: Evasion on January 15, 2020, 05:51:20 AM
20 Dec 18 - 37,800
Mid March 2019 - 45,815
20 June 2019 - 50,890
Mid September 2019 - 57,608
15 October 2019 - 58,927
1 November 2019 - 62,103
15 November 2019 - 64,594
1 December 2019 - 67,473
15 December 2019 - 65,794
3 January 2020 - 65,742
15 January 2020 - 69,388

Finally back up! Market rally, good habits paying off. Close to the 70k mark. Expecting this to continue as haven't got dividends and quarterly 401k yet.
Title: Re: Race from 10 to 100k!!
Post by: lexde on January 17, 2020, 06:34:31 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46
3/1/2019: $44,391.15
3/15/2019: $45,689.39
3/31/2019: $48,303.11
05/25/2019: $53,145.15
06/07/2019: $54,674.68
06/21/2019: $57,532.15
07/03/2019: $58,718.06
07/19/2019: $60,172.27
08/02/2019: $60,058.32
08/16/2019: $62,923.68
01/06/2020: $69,508.25

01/17/2020: $73,128.38

Back on track!
Title: Re: Race from 10 to 100k!!
Post by: iamthepinky on January 17, 2020, 05:43:12 PM
All numbers are for joint net worth between my SO and I.

9/1/2018    $ 10,182.02
10/1/2018    $ 14,632.57
11/1/2018    $ 16,671.27
12/1/2018    $ 23,468.48
1/1/2019    $ 30,900.13
2/1/2019    $ 34,820.54
3/1/2019    $ 40,959.03
4/1/2019    $ 48,963.23
5/1/2019    $ 49,324.37
6/1/2019     $ 54,756.42
7/1/2019    $ 62,703.77
8/1/2019    $ 68,173.37
9/1/2019    $ 71,590.05
10/1/2019    $ 74,831.89
11/1/2019    $ 80,846.08
12/1/2019    $ 85,705.97
1/1/2020    $ 94,851.23

My NW made up about 80%, his about 20%. With a pay raise, a lean spending trend, and hopeful continued good market performance, we should hit 100k - and graduate this thread - before Feb 1.
Title: Re: Race from 10 to 100k!!
Post by: slowstart on January 22, 2020, 09:02:11 AM
Update:

Dec 2019: 64,220.99 {Brokerage: 5638.78, 401k: 51229.12, HSA: 7353.09}
Jan 2020: 67,932.57 {Brokerage: 6346.52, 401k: 53838.55, HSA: 7747.50}

Assuming this thread carries over to the new year.  New to MMM and the community, trying to get ahold of my financial future. 29y/o with no student debts (woohoo).

Dec 2019 - [total: 64220.99]{Brokerage: 5638.78, 401k: 51229.12, HSA: 7353.09}
Title: Re: Race from 10 to 100k!!
Post by: BobTheBuilder on January 27, 2020, 01:07:37 PM
Here comes the January numbers:

Debt is down by 200€ to 4,862€
Cash an Investments up by 1,920€ to 24,060€
Car and other fixed assets at 3,018€

Total is now 22,661€, up by a bit over 2k€ :-)
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on January 29, 2020, 06:41:47 AM
Tracking net worth.

EOY 12.2016 - (-£10,250)
EOY 12.2017 - £4,360
EOY 12.2018 - £40,620
EOY 12.2019 - £62,523
01.2020 - £64,537 (+2,314)
02.2020 - £65,716 (+1,179)

Assets = £69,895
Student loans = (£4,179)

Title: Re: Race from 10 to 100k!!
Post by: Evasion on January 31, 2020, 02:58:19 AM
20 Dec 18 - 37,800
Mid March 2019 - 45,815
20 June 2019 - 50,890
Mid September 2019 - 57,608
15 October 2019 - 58,927
1 November 2019 - 62,103
15 November 2019 - 64,594
1 December 2019 - 67,473
15 December 2019 - 65,794
3 January 2020 - 65,742
15 January 2020 - 69,388
1 February 2020 - 74,415

A nice big jump! I expected this from quarterly 401k and dividends but maybe not as big. Very pleasant although I could have done even better. Objective is now to be over 90k before middle of the year unless the market tanks. If I limit going out and cycle to work, very do able.
Title: Re: Race from 10 to 100k!!
Post by: haypug16 on January 31, 2020, 06:27:24 AM
January 2020 Update
3/31/2017 (52,848.85) - Found MMM
3/31/2018 $(14,916.69) - 1 year in
3/31/2019 $9,917.20 - 2 years in
4/30/2019 $19,835.78
5/31/2019 $21,498.65
6/30/2019 $17,825.45
7/31/2019 $19,232.60
8/31/2019 $18,295.57
9/30/2019 $20,402.75
10/31/2019 $24,417.80
11/30/2019 $29,601.50
12/31/2019 $36,186.69
1/31/2020 $37,375.31 +1,188.62 increase

A much smaller increase this month than prior ones, but still upward movement so can't complain :) I'm hoping next month is more like my usual months and I can crossover to the $40ks
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on January 31, 2020, 08:23:04 AM
Dec 2017 €14.300
June 2018 €23.300 (+9k over 6 months)
Dec 2018 €35.600 (+13.3k over 6 months)
June 2019 €48.000 (+12.4k over 6 months)
Dec 2019 €61.500 (+13.5k over 6 months)
Jan 2020 €64.000 (+2.500)
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on January 31, 2020, 08:58:29 AM
January 2019 - $21,742
February 2019 - $23,933
March 2019 - $25,416
April 2019 - $26,812
May 2019 - $26,575 
June 2019 - $27,758
July 2019 - $29,419
August 2019 - $29,884
September 2019 - $30,602
October 2019 - $31,770
November 2019 - $33,081
December 2019 - $34,820

January 2020 - $36,392

Sometimes I feel like I'm going nowhere, but the numbers say otherwise. 
Title: Re: Race from 10 to 100k!!
Post by: Serendip on January 31, 2020, 09:51:08 AM
Good job everyone!

 & @Evasion our race tanked before it even started--I am way behind you now with at least a few month of lower income ahead. I'll aspire to keep in your tracks :)

Dec '17    18,146
Jan '18     23,607

Dec '18    48,380
Jan '19     51,210
Feb '19     53,000
Mar '19     55,075
Apr '19     53,065
May '19    54,008
June '19   56,272
July '19    57,022
Aug '19    59,005
Sept '19   61,160
Oct '19     62,060
Nov '19    64,246
Dec '19    60,746
Jan '20     63,186
Title: Re: Race from 10 to 100k!!
Post by: lexde on January 31, 2020, 10:35:08 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46
3/1/2019: $44,391.15
3/15/2019: $45,689.39
3/31/2019: $48,303.11
05/25/2019: $53,145.15
06/07/2019: $54,674.68
06/21/2019: $57,532.15
07/03/2019: $58,718.06
07/19/2019: $60,172.27
08/02/2019: $60,058.32
08/16/2019: $62,923.68
01/06/2020: $69,508.25
01/17/2020: $73,128.38

01/31/2020: $77,313.16 (+$4,184)

Three paycheck month + tax refund issued. I'm a happy camper this month with my NW up $9,120.20 from 12/31.
Title: Re: Race from 10 to 100k!!
Post by: KathrinS on January 31, 2020, 12:06:13 PM
End of January update:

£5012 in emergency fund
£5850 extra money, ready to be invested
£40197 in tax efficient investment account
£5007 in new LISA


March 3rd 2019: £24 650
April 11th 2019: £29 470
May 5th 2019: £31 830
June 6th 2019: £33 755
July 4th 2019: £38 274
July 29th 2019: £40 619
September 3rd 2019: £42 102
October 4th 2019: £43 821
November 1st 2019: £46 954
November 30th 2019: £50 134
December 30th 2019: £52 376
January 31st 2020: £56 066 --> £3 690 increase
Title: Re: Race from 10 to 100k!!
Post by: Optimiser on January 31, 2020, 09:33:26 PM
Mar 2019 $14,000
Apr 2019 $12,700
May 2019 $9,500
June 2019 $11,500
July 2019 $17,000
August 2019 $19,900
September 2019 $19,900
October 2019 $26,200
November 2019 $34,500
December 2019 $37,200

January 2019 $43,700 - I'm not sure I'll ever get used to seeing my net worth go up more in one month than my monthly salary!
Title: Re: Race from 10 to 100k!!
Post by: Tass on February 01, 2020, 09:31:18 AM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k
Dec 18$22.4k
Jan 19$24.7k
Feb 19$27.2k
Mar 19$29.3k
Apr 19$31.3k
May 19$31.5k
Jun 19$33.3k
Jul 19$35.1k
Aug 19$36.7k
Sep 19$38.6k
Oct 19$40.2k
Nov 19$42.6k
Dec 19$44.6k

Jan 20: $49.0k

This was kind of a four-paycheck month for me; a three-paycheck month, plus the (late) payment for some additional work I did last year. As a result, I saved more money than I usually make in a month and half-funded my Roth already.

My spending was also very low. I haven't eaten out once since the holidays ended.
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on February 01, 2020, 10:56:27 AM
Hi all,

joining the race now, even though NW crossed 10k in November 2019 already (it had already been 10k in early 2018, but then a 2-month trip before starting full-time work, furnishing the new appartment, buying a car that was needed for work etc. happened and basically put me back in the negative). I'm hoping for this to keep me accountable and motivate me to stay frugal in those instances where laziness or comfort might lead to just throwing money at a problem instead of solving it myself.

Goal for the year is to reach 25k. Here are my 2019 numbers:

Assets:
01/01/2019:   3.914,63 €
01/02/2019:   4.106,10 € (+   101,47 €)
01/03/2019:   4.359,75 € (+   343,65 €)
01/04/2019:   4.959,75 € (+   599,82 €)
01/05/2019:   6.669,92 € (+1.710,35 €)
01/06/2019:   7.451,88 € (+   781,96 €)
01/07/2019:   8.069,41 € (+   617,26 €)
01/08/2019:   8.949,17 € (+   880,03 €)
01/09/2019: 11.310,21 € (+2.361,04 €)
01/10/2019: 10.795,59 € (-    514,62 €)
01/11/2019: 11.426,98 € (+   631,39 €)
01/12/2019: 12.123,70 € (+   696,72 €)
01/01/2020: 12.979,27 € (+   855,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)

Debts:
01/01/2019: 4.024,10 €
01/02/2019: 3.746,69 € (-277,41 €)
01/03/2019: 3.469,28 € (-277,41 €)
01/04/2019: 3.191,87 € (-277,41 €)
01/05/2019: 2.914,46 € (-277,41 €)
01/06/2019: 2.637,05 € (-277,41 €)
01/07/2019: 2.109,64 € (-527,41 €)
01/08/2019: 1.832,23 € (-277,41 €)
01/09/2019: 1.454,82 € (-377,41 €)
01/10/2019: 1.077,41 € (-377,41 €)
01/11/2019:    700,00 € (-377,41 €)
01/12/2019:    350,00 € (-350,00 €)
01/01/2020:       0,00 €  (-350,00 €)
01/02/2020:       0,00 €  (-    0,00 €)

Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-    137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on February 01, 2020, 01:17:16 PM
I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big. My checking account is also not included as it has money I will likely spend this month. Goal for 2020 is to make it to $75K.

Net worth:
2017:
Dec2017:$7800
2018
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658
Nov2018: $23,948 (+$290)
Dec2018: $23,960 (+12)
2019
Jan2019: $27,100 (+3140)
Feb2019: $29,443 (+2343)
Mar2019: $31,603 (+2160)
Apr2019: $33,959 (+2356)
May2019: $33,933 (-$26)
Jun2019: $37,928 (+3995)
Jul2019: $39,736 (+1808)
Aug2019: $39,918 (+182)
Sep2019: $34,179 (-5739)
Oct2019: $38,091 (+3912)
Nov2019: $39,867 (+1776)
Dec2019: $43836 (+$3968)
2020
Jan2020:$ 45,839  (+2003)-Pretty average month for me, I spent a little more than usual, but it doesn't effect my savings rate. It looks like a lot of people are nearing the 100k mark. I hope you make it soon!
Title: Re: Race from 10 to 100k!!
Post by: CanadianTeacher on February 01, 2020, 07:52:18 PM
Feb 1st 2020 Update:$101,272.15.  WOOT!!

Figure I'll stick around for another month to ensure that I stay over the goal :) This includes $17,405.32 in pension contributions that are hard to value... but since I'm early in my career, if I were to quit today, I'd get back the value of my contributions... so it's worth at least that.

Also includes $4000 in held pay that I'm counting. Essentially, it's pay that I've earned but my district holds onto it until the summer as they think they are helping us budget for the summer when we receive no pay (in reality, I'd much rather have the money up front and earn interest, but sadly that's not an option in this district).

January update: $96,301.56

Some good investment returns last month :). Might be able to reach 100k at the end of the month. Found out my job is secure until the end of June, so it seems very likely by the end of February.


Just contacted my former pension plan. Commuted value is difficult to calculate and I'll get a figure in six months. But I was assured I will get at least my contributions + interest, so: $6,826.01

So my current net worth:
$65,536.55 + $7,678.96 + $6,826.01 = ‬ $80,041.52‬  Woot!

December 1st update: $86,963.15

I received no pay over the summer, but travelled to England and Italy. I also treated myself to a new MacBook for work/pleasure.

With the threat of layoffs/strikes due to our new anti-education government, I will be slowing down my spending drastically. I know I'd be a lot closer to my $100,000 goal if I hadn't spent money on my trip/new technology, but you got to live a little.

I figure I will reach $100,000 by the end of February if my job remains stable.
Title: Re: Race from 10 to 100k!!
Post by: eav on February 02, 2020, 08:30:50 AM
Great to see everyone's progress! Bigger leap this month from company stock vesting.

June 2019: $52,951
July 2019: $55,573
August 2019: $57,409
September 2019: $58,726
October 2019: $61,206
November 2019: $64,509
January 2020: 69,751
February 2020: 76,776
Title: Re: Race from 10 to 100k!!
Post by: Imma on February 02, 2020, 03:23:09 PM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October: €11128.59
November: €11227,46
December: €11991,27
January: €12576,72


Goals for 2020:
Savings: €5250
Investments: €14750
Title: Re: Race from 10 to 100k!!
Post by: Dave15 on February 03, 2020, 04:03:13 AM
25-6-2018            € 29.879,12 ------> Started Tracking
25-7-2018            € 30.749,12
25-8-2018            € 31.993,17
25-9-2018            € 33.185,00 ------> Found MMM
25-10-2018          € 34.433,66
25-11-2018          € 35.556,00
25-12-2018          € 41.939,62
25-1-2019            € 42.082,47
25-2-2019            € 44.338,00
25-3-2019            € 46.218,65
25-4-2019            € 47.829,00
03-6-2019            € 49.478,00
05-7-2019            € 52.722,00
25-7-2019            € 54.736,00
31-8-2019            € 56.431,00
01-10-2019          € 58.445,00
06-11-2019          € 60.308,00
06-12-2019          € 61.808,00
26-12-2019          € 64.000,00

03-02-2020          € 72.170,00 (estimate due to brokerage account timing)

After last update on the 26th, I received a mini-windfall, reponsible for 70% of reported NW rise. I'll get something of a wage increase, but am not sure how high it'll be yet. Also did some extra side-work, will receive a bigger check than usual from them next month. If all falls my way this year, I might even make 100k, but that is a 1% scenario. Realistically, I'll have to be very content with 90k in december.
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on February 03, 2020, 04:14:12 AM
                  401K   NW
1-1-2018     6455   24k
12-1-2018   9518   37k
4-1-2019    10960  49k
11-6-2019   13466  53k -start of race
12-29-19     14460   56k

I only have another ~15k in liabilities. I hope to see faster growth in the next year or two.

2-02-20     14991  57k

I'm really upset that I didn't hit 15k with the minor dip in the market. So close... I'll be nearing 16k by the end of the month, though.
Title: Re: Race from 10 to 100k!!
Post by: nmitb on February 03, 2020, 04:15:51 AM

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

Stocks down, light paycheck, delayed christmas expenses and general sloppiness.
Title: Re: Race from 10 to 100k!!
Post by: Sugaree on February 03, 2020, 04:53:28 AM
5/1/2015     $4419.53
5/1/2016     $15689.46
5/1/2017     $34125.20
5/1/2018     $51663.60

5/1/2019     $64340.45
6/3/2019     $64940.28 (+$ 599.83  or  +0.93%)
7/1/2019     $70156.02 (+$5215.74 or  +8.03%)
8/1/2019     $74255.95 (+$4146.62 or  +5.91%)
9/1/2019     $74328.43 (+$  25.79   or  +0.03%)
10/1/2019   $78067.76 (+$3739.33  or  +5.03%)
11/1/2019   $81247.16 (+$3206.40  or  +4.11%)
12/2/2019   $88148.59 (+$6874.43  or  +8.46%)

1/2/2020     $90835.16 (+$2686.57  or  +3.05%)
2/3/2020     $93896.81 (+$2968.79  or  +3.26%)

Title: Re: Race from 10 to 100k!!
Post by: Treedream on February 03, 2020, 07:27:52 AM
01/06/2018: -€60
01/01/2019: €2875.28
01/07 2019: €9288.2
01/08/2019: €10.485.05
01/09/2019: 11554.85
28/09/2019:  €12.182,10
24/10/2019: €13.082.24
26/11/2019: €14,311.49

01/01/2020: €14.500 Goal

I didn't update this at the start of the year. However:

01/01/2020: € 13.900 This was lower than the goal, because I hadn't considered that I would have to pay for 2020 health insurance before the beginning of the new year. Overall super happy, because this was more than I expected to have.

Goal 01/01/2021: €27.500 Excluding sinking funds for holidays and health insurance, including student loan at 0.01% interest. This is starting off well, because I got a small raise at work.

01/02/2020: €15.260 Very frugal month :D
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on February 03, 2020, 07:32:47 AM

2018
1/31 : (5949.05)
2/28 : (5288.30)
3/31 : (4273.93)
4/30 : (2592.07)
5/31 : (629.70)
6/30 : 1,206.77
7/31 : 2,703.97
8/31: 5,651.70
9/31: 8,039.01
10/31: 7,803.49
11/30: 9,531.28
12/31: 9,296.79

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


2020
1/31/2020: $44,514

We just keep plugging along
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on February 03, 2020, 08:38:51 AM

Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

9/29/17 - $11,511 (First post in thread)
6/30/18 - $36,000
7/31/18 - $38,676
8/31/18 - $40,277
9/30/18 - $50,572
10/31/18 - $46,085
11/30/18 - $48,956
12/31/18 - $46,003
1/31/19 - $53,028
2/28/19 - $58,276
3/31/2019 - $67,340
4/30/2019 - $70,674
5/31/2019 - $69,853
6/30/2019 - $75,757
7/31/2019 - $78,206
8/31/2019 - $83,589
9/30/2019 - $83,292
10/31/2019 - $87,539
11/30/2019 - $98,502
12/31/2019 - $96,225
1/1/2020 - $96,048

January Notes

Ehhhhh.... Painful month. For starters there was a substantial goof-up on my check (which still isn't fully resolved). So that is $1,400 of missing money this month. Also had almost $3K in medical expenses and some general dumb spendypants-ness, so yeah awful month.

On a positive note, I have received my February pay and I am above $100K, but no graduating for me just yet as I would like to see how the month shakes out. I am laser-focused on curbing controllable spending this month and there is an impending tax refund as well as the hopeful resolution of my payroll woes so as long as the market holds up I should be able to get there this month.
Title: Re: Race from 10 to 100k!!
Post by: kaposzta on February 07, 2020, 02:01:38 AM
July 12, 2019: $66,565
Aug 1, 2019: $68,207 (+2.47%, +$1,642)
Aug 29, 2019: $69,931 (+2.53%, +$1,724)
Sept 29, 2019: $71,138 (+1.73%, +$1,207)
Oct 31, 2019: $71,517 (+0.53%, +$379)
Nov 29, 2019: $73,138 (+2.27%, +$1,621)
Jan 01, 2020: $74,276 (+1.56%, +$1,138)
Feb 06, 2020: $73,621 (-0.88%, -$655)

It was a painful month with a stunning 1% SR :D I had the following special expenses: quarterly public transport ticket, utilization cost in advance for 2020, some gifts, charity, etc. The bottom line is that having paid these stuff in advance makes me able to reach a 65-70% SR in the next 11 months. I hope my investments will have a better performance, and maybe my domain business takes off this year.
Title: Re: Race from 10 to 100k!!
Post by: iamthepinky on February 08, 2020, 12:03:38 PM
All numbers are for joint net worth between my SO and I.

9/1/2018    $ 10,182.02
10/1/2018    $ 14,632.57
11/1/2018    $ 16,671.27
12/1/2018    $ 23,468.48
1/1/2019    $ 30,900.13
2/1/2019    $ 34,820.54
3/1/2019    $ 40,959.03
4/1/2019    $ 48,963.23
5/1/2019    $ 49,324.37
6/1/2019     $ 54,756.42
7/1/2019    $ 62,703.77
8/1/2019    $ 68,173.37
9/1/2019    $ 71,590.05
10/1/2019    $ 74,831.89
11/1/2019    $ 80,846.08
12/1/2019    $ 85,705.97
1/1/2020    $ 94,851.23

My NW made up about 80%, his about 20%. With a pay raise, a lean spending trend, and hopeful continued good market performance, we should hit 100k - and graduate this thread - before Feb 1.

2/1/2020    $ 100,928.81

A little late to report here but I am nonetheless proud to day that we have graduated this thread!!!!!! I am confident that this will stick, so I'll see you all in the next one.
Title: Re: Race from 10 to 100k!!
Post by: coldestcat on February 12, 2020, 12:28:47 PM
congrats @iamthepinky !

6/1/19-      0
7/17/19-    4,199.61
9/3/19-    15,357.17
10/1/19-   15,636.38
11/1/19-   20,938.14
12/2/19-   32,158.59
1/2/19-     35,133.82
2/1/20-     45,466.38

Still dialing things in more, consolidating accounts and moving old money into those accounts. Our goal for this year is to get to 100k, so seeing this jump was very exciting. :)
Title: Re: Race from 10 to 100k!!
Post by: UnexpectedExpenseExpector on February 12, 2020, 02:56:35 PM
Way to go @iamthepinky !!  See you in the next thread!
Title: Re: Race from 10 to 100k!!
Post by: Sugaree on February 13, 2020, 07:35:34 AM
It's not the first of the month yet, but I *think* that between an old IRA rolling over to my TSP, pretty good gains in the last two weeks, and making a couple of big payments, I should be just over the $100k mark.  I guess technically I'm already there, but I've never counted that old IRA in my NW calculations.  Unless the market seriously takes a crap before March I should be graduating soon.
Title: Re: Race from 10 to 100k!!
Post by: haypug16 on February 14, 2020, 09:47:11 AM
Mid-February 2020 Update
3/31/2017 (52,848.85) - Found MMM
3/31/2018 $(14,916.69) - 1 year in
3/31/2019 $9,917.20 - 2 years in
4/30/2019 $19,835.78
5/31/2019 $21,498.65
6/30/2019 $17,825.45
7/31/2019 $19,232.60
8/31/2019 $18,295.57
9/30/2019 $20,402.75
10/31/2019 $24,417.80
11/30/2019 $29,601.50
12/31/2019 $36,186.69
1/31/2020 $37,375.31
2/14/2020 $42,034.63 +4,659.32 increase

Woohoo made it to the $40ks :) I didn't expect such a big jump in the first half of the month. Here's hoping the second half is just as good!
Title: Re: Race from 10 to 100k!!
Post by: Evasion on February 14, 2020, 06:51:47 PM
20 Dec 18 - 37,800
Mid March 2019 - 45,815
20 June 2019 - 50,890
Mid September 2019 - 57,608
15 October 2019 - 58,927
15 November 2019 - 64,594
15 December 2019 - 65,794
15 January 2020 - 69,388
1 February 2020 - 74,415
15 February 2020 - 76,452

Market rally is still going, and I have been relatively good, except for booze and eating out. Changing jobs with a small pay rise and having some leave paid out when I switch should make a pretty big jump in there.
It's always hard to predict but I'm starting to hope I will graduate before July first? That would be crazy.
Title: Re: Race from 10 to 100k!!
Post by: lexde on February 16, 2020, 07:51:40 PM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46
3/1/2019: $44,391.15
3/15/2019: $45,689.39
3/31/2019: $48,303.11
05/25/2019: $53,145.15
06/07/2019: $54,674.68
06/21/2019: $57,532.15
07/03/2019: $58,718.06
07/19/2019: $60,172.27
08/02/2019: $60,058.32
08/16/2019: $62,923.68
01/06/2020: $69,508.25
01/17/2020: $73,128.38
01/31/2020: $77,313.16

02/16/2020: $80,269.73 (+$2,956.57)

Back to standard growth after a great saving month in January. I can expect between $4,250.00-$4,750.00 in growth each month for now.
If this growth keeps up then I am looking at mid-June for graduation. July 1 2020 to be safe, barring any funky market activity.
Title: Re: Race from 10 to 100k!!
Post by: slowstart on February 18, 2020, 10:52:22 AM
Got a boost from employer 401k match!

Dec 2019: 64,220.99 {Brokerage: 5638.78, 401k: 51229.12, HSA: 7353.09}
Jan 2020: 67,932.57 {Brokerage: 6346.52, 401k: 53838.55, HSA: 7747.50}
Feb 2020: 80,369.63 {Brokerage: 8930.47, 401k: 63487.95, HSA: 7951.21}

Update:

Dec 2019: 64,220.99 {Brokerage: 5638.78, 401k: 51229.12, HSA: 7353.09}
Jan 2020: 67,932.57 {Brokerage: 6346.52, 401k: 53838.55, HSA: 7747.50}

Title: Re: Race from 10 to 100k!!
Post by: Manchester on February 25, 2020, 03:53:47 AM
Not posted on here for a few months, but still been plodding on.

Here are some of my recent figures:

November: £25,364.54

December:£28,281.07

January:£28,407.70

February: £30,286.23

I'm finally past the £30k mark which is brilliant.  It's taking me an average of 7.5 months to increase my N/W by £10k, which implies I'll still be in this thread for over another 4 years. 

I have been spending a lot on my wedding, which hasn't helped speed along with proceedings, and once that's out of the way I'll be ramping up my investments even more so.  My salary is going to increase by roughly £10k pa (before taxes) in April, which will also contribute.  I've been working more on my matched betting side hustle which is paying dividends.

I've also had a new business idea I'm interested in trying out, so I'm going to give that some thought this week, but might contribute some money towards it.

Hope you're all hitting your targets and steering clear of COVID19. :')
Title: Re: Race from 10 to 100k!!
Post by: Imma on February 26, 2020, 12:21:50 AM
@Manchester you're doing really great! Especially if this includes wedding spending. And congrats on the big raise!

I started a thread about owning a business last year. My business isn't making me rich yet but I'm earning some money and I'm learning a lot and meeting new people. I'm really glad I did it.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on February 26, 2020, 09:19:18 AM
@Manchester you're doing really great! Especially if this includes wedding spending. And congrats on the big raise!

I started a thread about owning a business last year. My business isn't making me rich yet but I'm earning some money and I'm learning a lot and meeting new people. I'm really glad I did it.

Thanks, and yes, the numbers include my wedding spending (which is a lot more than I'd like it to be).  We're doing certain things to reduce costs, but the wedding is quite a big deal to both our families.  Fortunately, we're expecting quite a bit of money back in the form of gifts on the day, so I'm hoping it gives me a big bump around August. 

I'll have to take a look at that thread, I've not seen it so far but would love to have a look.  I'm one of those people who has a new business idea every other day.  I've got one I'm working on at the moment, but I'm just hoping one day I come up with something that takes me from a fairly high earner to a rediculous salary like some people on this forum seem to earn.  We keep plodding onwards! :) 
Title: Re: Race from 10 to 100k!!
Post by: Rosy on February 26, 2020, 05:58:32 PM
I'm in:) Nice to see some familiar faces too - good going everybody!

The first goal was $50K by Dec 31, 2019.
I projected it would take me two and a half years (30 mo) but it took me only 26 months - pushing real hard.
During that time other expenditures kept me scrambling, like two new (to us) cars $25K, two overseas trips $13K (two and three months each), paid off a loan early with $4K cash, elective surgery $7K and an interfering jewelry habit - yeah well, I'm not exactly a poster child mushtashian:).

New goal: $100K by Dec 31, 2021

Savings history:
$  4,588 June 2017
$ 10,117 Dec 2017

$ 10,715 Jan 2018
$ 31,034 Dec 2018

$ 31,094 Jan 2019
$ 50,000 Dec 2019

$ 53,000 Jan 2020
$ 56,000 Feb 2020

My projection is $60K by April 2020 - by then I intend to revisit my strategy.
My fixed goal is to reach at least $70K minimum by EOY 2020, preferably $75K.
We'll see how it all goes - 2020 is shaping up to potentially be a very interesting year in many aspects.
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on February 28, 2020, 07:50:37 AM
February 2019 - $23,933
March 2019 - $25,416
April 2019 - $26,812
May 2019 - $26,575 
June 2019 - $27,758
July 2019 - $29,419
August 2019 - $29,884
September 2019 - $30,602
October 2019 - $31,770
November 2019 - $33,081
December 2019 - $34,820
January 2020 - $36,392

February 2020 - $35,701

Whomp-whomp.  First time going down in a while, but it's only due to the market.  I'm just kind of excited to have enough money invested to feel the market fluctuations now!  My 401K is down over $2K.  So...yay?  Haha. 
Title: Re: Race from 10 to 100k!!
Post by: lexde on February 28, 2020, 11:33:00 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46
3/1/2019: $44,391.15
3/15/2019: $45,689.39
3/31/2019: $48,303.11
05/25/2019: $53,145.15
06/07/2019: $54,674.68
06/21/2019: $57,532.15
07/03/2019: $58,718.06
07/19/2019: $60,172.27
08/02/2019: $60,058.32
08/16/2019: $62,923.68
01/06/2020: $69,508.25
01/17/2020: $73,128.38
01/31/2020: $77,313.16
02/16/2020: $80,269.73

02/28/2020: $77,245.88 (-$3,023.85)

The market swept about $5k of my net worth over the last two weeks. No big deal. Still maxing 401(k) and contributing to my IRA/HSA as planned. I did sweep a little extra cash into my HYSA because it’s a little lower than I’d like it to be, but other than that I’m just staying the course and not thinking about the market much.

SO and I are eating a lot more healthy food, more plant-based, and spending less on restaurants. It’s been a lifesaver on the wallet!
Title: Re: Race from 10 to 100k!!
Post by: Serendip on February 28, 2020, 01:32:38 PM
Dec '17    18,146
Jan '18     23,607

Dec '18    48,380
Jan '19     51,210
Feb '19     53,000
Mar '19     55,075
Apr '19     53,065
May '19    54,008
June '19   56,272
July '19    57,022
Aug '19    59,005
Sept '19   61,160
Oct '19     62,060
Nov '19    64,246
Dec '19    60,746
Jan '20     63,186
Feb '20     63,350

*was expecting this as I had to withdraw funds, managed to get back up the January level and anticipating a similar month as I haven't been working and am currently unable to work so will just focus on flexing my frugal muscle. All in good time..
Title: Re: Race from 10 to 100k!!
Post by: Serendip on February 28, 2020, 01:34:13 PM
I'm in:) Nice to see some familiar faces too - good going everybody!

The first goal was $50K by Dec 31, 2019.


Nice to see you here too @Rosy!
Title: Re: Race from 10 to 100k!!
Post by: Imma on February 29, 2020, 06:20:16 AM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October: €11128.59
November: €11227,46
December: €11991,27
January: €12576,72
February: €11904,39

Goals for 2020:
Savings: €5250
Investments: €14750
Title: Re: Race from 10 to 100k!!
Post by: Optimiser on February 29, 2020, 08:29:16 AM
Mar 2019 $14,000
Apr 2019 $12,700
May 2019 $9,500
Jun 2019 $11,500
Jul 2019 $17,000
Aug 2019 $19,900
Sep 2019 $19,900
Oct 2019 $26,200
Nov 2019 $34,500
Dec 2019 $37,200
Jan 2019 $43,700

Feb 2020 $45,400

Got a big tax refund, Corona virus has tanked the market, and I paid a bunch in closing costs to refi my house. Moving forward I'll be saving a bunch on interest every month. I'm surprised to see things still going up this month, all things considered.
Title: Re: Race from 10 to 100k!!
Post by: KathrinS on February 29, 2020, 01:09:04 PM
End of February update:

£5012 in emergency fund
£3853 extra money, ready to be invested
£37208 in tax efficient investment account
£4694 in LISA
£3825 in SIPP


March 3rd 2019: £24 650
April 11th 2019: £29 470
May 5th 2019: £31 830
June 6th 2019: £33 755
July 4th 2019: £38 274
July 29th 2019: £40 619
September 3rd 2019: £42 102
October 4th 2019: £43 821
November 1st 2019: £46 954
November 30th 2019: £50 134
December 30th 2019: £52 376
January 31st 2020: £56 066
February 29th 2020: £54 592 ---   -1474


Not too bad yet. My monthly contribution was £2000, so total current 'losses' around £3500. Surprised that it's still better than my net worth at the New Year!
Title: Re: Race from 10 to 100k!!
Post by: Evasion on February 29, 2020, 03:10:43 PM
20 Dec 18 - 37,800
Mid March 2019 - 45,815
20 June 2019 - 50,890
Mid September 2019 - 57,608
15 October 2019 - 58,927
15 November 2019 - 64,594
15 December 2019 - 65,794
15 January 2020 - 69,388
1 February 2020 - 74,415
15 February 2020 - 76,452
1 March 2020 - 72,765

Massive hit from the correction, but overall travelling well. I bought some stocks on sale and will continue to invest as much as possible over the next month.
I guess it's a more realistic assessment of my NW anyway as it had been growing very fast.

Title: Re: Race from 10 to 100k!!
Post by: Tass on February 29, 2020, 03:52:49 PM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k
Dec 18$22.4k
Jan 19$24.7k
Feb 19$27.2k
Mar 19$29.3k
Apr 19$31.3k
May 19$31.5k
Jun 19$33.3k
Jul 19$35.1k
Aug 19$36.7k
Sep 19$38.6k
Oct 19$40.2k
Nov 19$42.6k
Dec 19$44.6k
Jan 20$49.0k

Feb 20: $46.5k

I got paid this week, so tossed $600 into the market Thursday night. Down goes the rollercoaster!
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on February 29, 2020, 04:09:12 PM

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

01/03/2020: 15.039,09 € (+675,56 €)

I guess being early in the accumulation phase helps with the recent downturn. Savings outweighed paper lossed, but it still stings that all my February investments went into the market at the peak.
Title: Re: Race from 10 to 100k!!
Post by: BobTheBuilder on March 01, 2020, 06:08:59 AM
A lot of locomotion with the invesments. I made some huge gains (percent wise) early in the month on long straddle option strategies. Re-invested the gains and poof comes the correction.
However I also bought put options on ETFs and almost neutralized my stance just before the sell-off got serious.

Investments incl. PUTS: 27,807€
Cash: 1,000€
Illiquid stuff (car, corporate pension...): 1,971€
CC and loan: -5,456€
Total: 25,322€ (+2,603€)


Title: Re: Race from 10 to 100k!!
Post by: Tass on March 01, 2020, 10:23:40 AM
I guess being early in the accumulation phase helps with the recent downturn. Savings outweighed paper lossed, but it still stings that all my February investments went into the market at the peak.

You'll have a chance to buy the dip next month - or if you don't, we'll all be marveling at the amazingly fast recovery. ;)
Title: Re: Race from 10 to 100k!!
Post by: CanadianTeacher on March 01, 2020, 10:36:59 AM
January 2018: $18,944.35
February 2018: $22,047.46
March 2018: $23,463.61
April 2018: $24,224.19
May 2018: $26,173
Jun 2018: $29,519.62

October 2018: $29,676.50
November 2018: $32,923.90
December 2018: $34,394.85
January 2019: $39,825.43
February 2019" $43,508.66
April 2019: $48,394.91
July 2019: $80,041.52 (Big jump because as a teacher I receive pay that's held back over the year to cover me for the summer -- basically three paycheques at once. I also started to include my pension value in net worth)‬
December 2019: $86,963.15

January 2020: $96,301.56
February 2020: $101,272.15.
March 2020: $102,362.65

Moved up a little bit this month but lost a ton of gains on the market. Hoping the market recovers this month. Did not advance enough this month to feel comfortable that I've truly graduated. from the thread.


Feb 1st 2020 Update:$101,272.15.  WOOT!!

Figure I'll stick around for another month to ensure that I stay over the goal :) This includes $17,405.32 in pension contributions that are hard to value... but since I'm early in my career, if I were to quit today, I'd get back the value of my contributions... so it's worth at least that.

Also includes $4000 in held pay that I'm counting. Essentially, it's pay that I've earned but my district holds onto it until the summer as they think they are helping us budget for the summer when we receive no pay (in reality, I'd much rather have the money up front and earn interest, but sadly that's not an option in this district).

January update: $96,301.56

Some good investment returns last month :). Might be able to reach 100k at the end of the month. Found out my job is secure until the end of June, so it seems very likely by the end of February.


Just contacted my former pension plan. Commuted value is difficult to calculate and I'll get a figure in six months. But I was assured I will get at least my contributions + interest, so: $6,826.01

So my current net worth:
$65,536.55 + $7,678.96 + $6,826.01 = ‬ $80,041.52‬  Woot!

December 1st update: $86,963.15

I received no pay over the summer, but travelled to England and Italy. I also treated myself to a new MacBook for work/pleasure.

With the threat of layoffs/strikes due to our new anti-education government, I will be slowing down my spending drastically. I know I'd be a lot closer to my $100,000 goal if I hadn't spent money on my trip/new technology, but you got to live a little.

I figure I will reach $100,000 by the end of February if my job remains stable.
Title: Re: Race from 10 to 100k!!
Post by: nmitb on March 01, 2020, 01:16:46 PM

                       2019                2020                2021                2022               
Jan-$7,248$35,632--
Feb-$6,093$32,925--
Mar-$1,081$32,425--
Apr$1,221---
May$4,418---
Jun$5,562---
Jul$7,408---
Aug$9,255---
Sept$25,361---
Oct$27,333---
Nov$31,211---
Dec$33,422---
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on March 01, 2020, 04:00:27 PM

Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

9/29/17 - $11,511 (First post in thread)
6/30/18 - $36,000
7/31/18 - $38,676
8/31/18 - $40,277
9/30/18 - $50,572
10/31/18 - $46,085
11/30/18 - $48,956
12/31/18 - $46,003
1/31/19 - $53,028
2/28/19 - $58,276
3/31/2019 - $67,340
4/30/2019 - $70,674
5/31/2019 - $69,853
6/30/2019 - $75,757
7/31/2019 - $78,206
8/31/2019 - $83,589
9/30/2019 - $83,292
10/31/2019 - $87,539
11/30/2019 - $98,502
12/31/2019 - $96,225
1/31/2020 - $96,048
2/29/2020 - $94,556

February Notes

My retirement accounts lost $10K over the last week. Had the market simply held steady I would have been graduating. Not going to complain, though. Just going to keep pushing.
Title: Re: Race from 10 to 100k!!
Post by: Sugaree on March 02, 2020, 04:54:29 AM
5/1/2015     $4419.53
5/1/2016     $15689.46
5/1/2017     $34125.20
5/1/2018     $51663.60

5/1/2019     $64340.45
6/3/2019     $64940.28 (+$ 599.83  or  +0.93%)
7/1/2019     $70156.02 (+$5215.74 or  +8.03%)
8/1/2019     $74255.95 (+$4146.62 or  +5.91%)
9/1/2019     $74328.43 (+$  25.79   or  +0.03%)
10/1/2019   $78067.76 (+$3739.33  or  +5.03%)
11/1/2019   $81247.16 (+$3206.40  or  +4.11%)
12/2/2019   $88148.59 (+$6874.43  or  +8.46%)

1/2/2020     $90835.16 (+$2686.57  or  +3.05%)
2/3/2020     $93896.81 (+$2968.79  or  +3.26%)
3/2/2020     $100,165.23(+6268.42   or   +6.68%)


I made it.  Just barely, but I made it.  Mostly due to a tax refund (I know, I know...face punch me...but it's probably for the best this year) and rolling an old IRA over into one of the accounts I track for NW.  I may stick around here for one more month because I have an expected expense coming up soon that will knock me back down under $100k (stupid fender bender). 
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on March 02, 2020, 05:54:57 AM
Tracking net worth.

EOY 12.2016 - (-£10,250)
EOY 12.2017 - £4,360
EOY 12.2018 - £40,620
EOY 12.2019 - £62,523
01.2020 - £64,537 (+2,314)
02.2020 - £65,716 (+1,179)
03.2020 - £66,908 (+1,192)

Assets = £70,723
Student loans = (£3,815)
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on March 02, 2020, 06:53:52 AM
                  401K   NW
1-1-2018     6455   24k
12-1-2018   9518   37k
4-1-2019    10960  49k
11-6-2019   13466  53k -start of race
12-29-19     14460   56k
2-02-20       14991  57k

I'm really upset that I didn't hit 15k with the minor dip in the market. So close... I'll be nearing 16k by the end of the month, though.

3-01-20       14632   58k

Yeah, so about that "nearly 16k"... Ah, well, at least the NW is growing and the dollars being invested are buying more?
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on March 02, 2020, 07:07:58 AM

2018
1/31 : (5949.05)
2/28 : (5288.30)
3/31 : (4273.93)
4/30 : (2592.07)
5/31 : (629.70)
6/30 : 1,206.77
7/31 : 2,703.97
8/31: 5,651.70
9/31: 8,039.01
10/31: 7,803.49
11/30: 9,531.28
12/31: 9,296.79

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

2020
1/31/2020: $44,514


2/29/2020: $48,891

Just like everyone else market was terrible but I did put a good chunk on my student loans. I also got a much larger than expected tax refund (I know not good). So need to get those readjusted for this year.
Title: Re: Race from 10 to 100k!!
Post by: coldestcat on March 02, 2020, 09:44:18 AM
6/1/19-      0
7/17/19-    4,199.61
9/3/19-    15,357.17
10/1/19-   15,636.38
11/1/19-   20,938.14
12/2/19-   32,158.59
1/2/19-     35,133.82
2/1/20-     45,466.38
3/2/20-     46,715.41

Feeling the market like everyone else. This is the first time my wife and I have had enough in investments to feel it. So it feels bad, but is also good to at lease be able to be in the game.
Title: Re: Race from 10 to 100k!!
Post by: haypug16 on March 03, 2020, 07:09:20 AM
February 2020 Update
3/31/2017 (52,848.85) - Found MMM
3/31/2018 $(14,916.69) - 1 year in
3/31/2019 $9,917.20 - 2 years in
4/30/2019 $19,835.78
5/31/2019 $21,498.65
6/30/2019 $17,825.45
7/31/2019 $19,232.60
8/31/2019 $18,295.57
9/30/2019 $20,402.75
10/31/2019 $24,417.80
11/30/2019 $29,601.50
12/31/2019 $36,186.69
1/31/2020 $37,375.31
2/29/2020 $33,536.65 -$3,838.66 decrease

I hate seeing a decrease but it was all market related and not debt related so not so bad. Hopefully getting my bonus this month and will get back up to were I was (and beyond)
Title: Re: Race from 10 to 100k!!
Post by: eav on March 03, 2020, 07:49:02 AM
Transferred last month's RSU's in to max my 2020 Roth IRA to buy the dip (most left uninvested). This month was bonus month paid out in company stock as well.

June 2019: $52,951
July 2019: $55,573
August 2019: $57,409
September 2019: $58,726
October 2019: $61,206
November 2019: $64,509
January 2020: 69,751
February 2020: 76,776
March 2020: $81,737
Title: Re: Race from 10 to 100k!!
Post by: Rosy on March 03, 2020, 11:42:18 AM

Goal: $100K by Dec 31, 2021

$  4,588 June 2017
$ 10,117 Dec 2017

$ 10,715 Jan 2018
$ 31,034 Dec 2018

$ 31,094 Jan 2019
$ 50,000 Dec 2019

$ 53,000 Jan 2020
$ 56,000 Feb 2020

$58,3K - March 2020

Over $8K in the first quarter of 2020 - sweet:). Hoping to hit $60K in April ...
Title: Re: Race from 10 to 100k!!
Post by: YarnBudget on March 05, 2020, 08:46:55 AM
I've been lurking on these boards for ages, then finally made an account and continued to lurk because for some reason I'm really shy on the internet. But I've followed this board over the past little while and found it super motivating, and want to finally throw my hat into the race!

I've been calculating my net worth for the past few years, but didn't start keeping a record of it until EOY 2019, so that's when I'll start my list:

Net Worth
Dec 2019 = $32,211.58
Jan 2020 = $33,874.65 (+ $1,663.07)
Feb 2020 = $36,738.94 (+ $2,864.29)

The market correction brought me down from a mid-month high of $44k, which is pretty disappointing, but I was glad to see I contributed enough (by throwing a small windfall at my student loans) to still gain over $2k this month.

2020 savings goals:
$8000 / $21,100 to student loans
$1725.59 / $12,800 to investments
$9725.59 / $33,900 total

If I can hit these savings goals I will end the year at $66k even if the market stays flat. (This is assuming I will get bumped up to full time in July, as I have been promised, but will know for sure in June. Fingers crossed, because I really like this place and want to be able to afford to stay...)
Title: Re: Race from 10 to 100k!!
Post by: Trifle on March 05, 2020, 04:16:29 PM
I've been lurking on these boards for ages, then finally made an account and continued to lurk because for some reason I'm really shy on the internet. But I've followed this board over the past little while and found it super motivating, and want to finally throw my hat into the race!

Welcome!
Title: Re: Race from 10 to 100k!!
Post by: slowstart on March 06, 2020, 07:10:41 AM
Though it was all paper losses it still hurts ):
On a positive note: contributed to a Roth for the first time with my tax refund!

Dec 2019: 64,220.99
Jan 2020: 67,932.57
Feb 2020: 80,369.63
Mar 2020: 80,329.80 <- deceiving as my contributions mask the losses.

Got a boost from employer 401k match!

Dec 2019: 64,220.99 {Brokerage: 5638.78, 401k: 51229.12, HSA: 7353.09}
Jan 2020: 67,932.57 {Brokerage: 6346.52, 401k: 53838.55, HSA: 7747.50}
Feb 2020: 80,369.63 {Brokerage: 8930.47, 401k: 63487.95, HSA: 7951.21}

Title: Re: Race from 10 to 100k!!
Post by: kaposzta on March 13, 2020, 08:16:14 AM
July 12, 2019: $66,565
Aug 1, 2019: $68,207 (+2.47%, +$1,642)
Aug 29, 2019: $69,931 (+2.53%, +$1,724)
Sept 29, 2019: $71,138 (+1.73%, +$1,207)
Oct 31, 2019: $71,517 (+0.53%, +$379)
Nov 29, 2019: $73,138 (+2.27%, +$1,621)
Jan 01, 2020: $74,276 (+1.56%, +$1,138)
Feb 06, 2020: $73,621 (-0.88%, -$655)
Mar 05, 2020: $74,517 (+1.22%, +$896)

Since 5th March my investments took a dive (one ETF -26%), so my current net worth is around $68k.
I'm not concerned at all, as I expect this situation is temporary. I even bought more from that ETF.

Title: Re: Race from 10 to 100k!!
Post by: lexde on March 13, 2020, 11:58:22 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46
3/1/2019: $44,391.15
3/15/2019: $45,689.39
3/31/2019: $48,303.11
05/25/2019: $53,145.15
06/07/2019: $54,674.68
06/21/2019: $57,532.15
07/03/2019: $58,718.06
07/19/2019: $60,172.27
08/02/2019: $60,058.32
08/16/2019: $62,923.68
01/06/2020: $69,508.25
01/17/2020: $73,128.38
01/31/2020: $77,313.16
02/16/2020: $80,269.73
02/28/2020: $77,245.88

03/13/2020: $70,222.54 (-$7,023.34)

I drafted up a written investment plan on the 10th and am so glad I did. I’m holding my ground and continuing to invest as normal, with a small exception that I’m focusing on building back my eFund in a HYSA. I’m at 4 months of expenses and would like to have 6 as a minimum, so an extra $1.15k was left in cash while I continued to max my retirement accounts ($1.13k between 401k/IRA/HSA as 1/26th the max since I’m paid 26x per year).
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on March 15, 2020, 07:55:31 PM
I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big. My checking account is also not included as it has money I will likely spend this month. Goal for 2020 is to make it to $75K.

Net worth:
2017:
Dec2017:$7800
2018
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658
Nov2018: $23,948 (+$290)
Dec2018: $23,960 (+12)
2019
Jan2019: $27,100 (+3140)
Feb2019: $29,443 (+2343)
Mar2019: $31,603 (+2160)
Apr2019: $33,959 (+2356)
May2019: $33,933 (-$26)
Jun2019: $37,928 (+3995)
Jul2019: $39,736 (+1808)
Aug2019: $39,918 (+182)
Sep2019: $34,179 (-5739)
Oct2019: $38,091 (+3912)
Nov2019: $39,867 (+1776)
Dec2019: $43836 (+$3968)
2020
Jan2020:$ 45,839 (+$2003)
Feburary: $43,345 (-$2494) This is from Feb 1st, but I forgot to update then, I am sure it looks worse right now.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on March 17, 2020, 04:56:22 AM
I reckon this thread might go very quiet over the next few months.  :')


Keep going people!  When the going gets tough, the tough get going.  No panic selling, stick to your plans and we'll all reap the rewards!
Title: Re: Race from 10 to 100k!!
Post by: Treedream on March 17, 2020, 05:16:45 AM
Only 8 days to go and I can buy some more stocks on sale! I am not too bothered by the losses, as I am only just starting the accumulation phase. I can buy more numbers this month than normal, that is what I am focusing on.
Title: Re: Race from 10 to 100k!!
Post by: jojoguy on March 17, 2020, 05:18:40 AM
I reckon this thread might go very quiet over the next few months.  :')


Keep going people!  When the going gets tough, the tough get going.  No panic selling, stick to your plans and we'll all reap the rewards!

Absolutely! We have probably lost over $50k(I haven`t looked) over the last month, but we are still buying in! VTSAX is now at $58 a share and down from the almost $84 a month ago.
Now, I am using more trepidation when buying it though. I am buying at steps instead of just throwing a huge amount into it at once. I did that a few weeks ago
and I regret it. Unless a vaccine is truly produced shortly or the virus isolation works wonders, the stock market will keep dropping for a while. I`m not timing the market,
but I am easing my way slowly into this drop with my independent buys. Our 401K and HSA contributions are not changing though. It`ll be hard enough to max contributions
as it is, and the tax deductions are astounding!
Title: Re: Race from 10 to 100k!!
Post by: An Unassuming Moose on March 17, 2020, 06:42:19 AM
Nov 20, 2019 -- $113,800
January 15, 2020 -- $120,900
February 15, 2020 -- $136,916
March 17, 2020 -- $65,556

Welp, into this race now.
Careful kids, leveraging can be dangerous.
Title: Re: Race from 10 to 100k!!
Post by: Evasion on March 18, 2020, 04:10:08 AM
20 Dec 18 - 37,800
Mid March 2019 - 45,815
20 June 2019 - 50,890
Mid September 2019 - 57,608
15 October 2019 - 58,927
15 November 2019 - 64,594
15 December 2019 - 65,794
15 January 2020 - 69,388
1 February 2020 - 74,415
15 February 2020 - 76,452
1 March 2020 - 72,765
18 March 2020 - 68,436

My investments are way down but I got a fair bit of cash at the moment, so buying a LOT of stocks on sale. Quite excited to think how big it will be when it gets back out, plus better P/E ratios.
Graduation will have to wait longer with a headwind but I have faith in the future as I got a significant pay increase recently.
Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on March 18, 2020, 06:07:01 AM
Late update but I thought if I'm there in good times, I should also update my spreadsheet in bad times.
Dec 2017 €14.300
June 2018 €23.300 (+9k over 6 months)
Dec 2018 €35.600 (+13.3k over 6 months)
June 2019 €48.000 (+12.4k over 6 months)
Dec 2019 €61.500 (+13.5k over 6 months)
Jan 2020 €64.000 (+2.500)
Feb 2020 €59.100 (-4.900)

Note; this was the first week of March when I updated, so I'm much further down right now. March 2020 update is gonna be fun.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on March 19, 2020, 01:34:49 PM
My monthly update: 

Net Worth is down £3,230.62 to £27,055.38.

This is my first market crash since I've started my path to FI and I'm trying to follow all the advice from the community.  Absolutely no panicking, no stress, just investing as much spare cash as I can.  I've put loads in this month and my ISA is actually £700 down from last month including these investments.  I've got a really healthy EF to fall back on if SHTF.

(https://i.imgur.com/S4XCnKd.png)
Title: Re: Race from 10 to 100k!!
Post by: Manchester on March 19, 2020, 01:36:14 PM
Nov 20, 2019 -- $113,800
January 15, 2020 -- $120,900
February 15, 2020 -- $136,916
March 17, 2020 -- $65,556

Welp, into this race now.
Careful kids, leveraging can be dangerous.

Wow, that's a drop and a half...  As a fellow 26 year old, you've got plenty of time to recover! ;)
Title: Re: Race from 10 to 100k!!
Post by: Manchester on March 19, 2020, 01:41:28 PM
I reckon this thread might go very quiet over the next few months.  :')


Keep going people!  When the going gets tough, the tough get going.  No panic selling, stick to your plans and we'll all reap the rewards!

Absolutely! We have probably lost over $50k(I haven`t looked) over the last month, but we are still buying in! VTSAX is now at $58 a share and down from the almost $84 a month ago.
Now, I am using more trepidation when buying it though. I am buying at steps instead of just throwing a huge amount into it at once. I did that a few weeks ago
and I regret it. Unless a vaccine is truly produced shortly or the virus isolation works wonders, the stock market will keep dropping for a while. I`m not timing the market,
but I am easing my way slowly into this drop with my independent buys. Our 401K and HSA contributions are not changing though. It`ll be hard enough to max contributions
as it is, and the tax deductions are astounding!

Sounds like you're taking advantage of the situation which is great.  I'm in a perfect position for a market crash.  I'm 26, no dependents, stable job etc...

Trying to put as much in my ISA as I can before the end of the month when the tax year changes in the UK.  I think I could potentially max it out next year so every penny I put in now helps.  Couldn't really have timed this outbreak any better!

Hope you and everyone else on this board is staying safe :)
Title: Re: Race from 10 to 100k!!
Post by: Serendip on March 23, 2020, 08:07:45 AM
Dec '17    18,146
Jan '18     23,607

Dec '18    48,380
Jan '19     51,210
Feb '19     53,000
Mar '19     55,075
Apr '19     53,065
May '19    54,008
June '19   56,272
July '19    57,022
Aug '19    59,005
Sept '19   61,160
Oct '19     62,060
Nov '19    64,246
Dec '19    60,746
Jan '20     63,186
Feb '20     63,350
Mar '20     62,760

*lost my employment so will be drawing upon this in the months to come (6,000 EF in a TFSA)
Title: Re: Race from 10 to 100k!!
Post by: Rosy on March 23, 2020, 02:50:23 PM

Goal: $100K by Dec 31, 2021

$  4,588 June 2017
$ 10,117 Dec 2017

$ 10,715 Jan 2018
$ 31,034 Dec 2018

$ 31,094 Jan 2019
$ 50,000 Dec 2019

$ 53,000 Jan 2020
$ 56,000 Feb 2020

Update - $58K Mar 2020
Projected for April - $60K ~

I am not expecting any losses only continued gains/interest for another 16 months.
This is all nothing but a cash cushion, in various CDs or savings accounts for just such an emergency as we are currently facing.
Meanwhile, Mr. R's portfolio is taking a severe beating - not what you hope for when you planned to retire in three years.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on March 25, 2020, 07:30:56 AM
*lost my employment so will be drawing upon this in the months to come (6,000 EF in a TFSA)

Sorry to hear that.  Well done for accumulating a significant EF.  Good luck in your search for a new job.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on March 25, 2020, 07:33:02 AM

Goal: $100K by Dec 31, 2021

$  4,588 June 2017
$ 10,117 Dec 2017

$ 10,715 Jan 2018
$ 31,034 Dec 2018

$ 31,094 Jan 2019
$ 50,000 Dec 2019

$ 53,000 Jan 2020
$ 56,000 Feb 2020

Update - $58K Mar 2020
Projected for April - $60K ~

I am not expecting any losses only continued gains/interest for another 16 months.
This is all nothing but a cash cushion, in various CDs or savings accounts for just such an emergency as we are currently facing.
Meanwhile, Mr. R's portfolio is taking a severe beating - not what you hope for when you planned to retire in three years.

So you're holding all this money in cash?  If you don't mind me probing, why do you need such a high cash buffer?  Surely now is a brilliant time to use some of this cash to buy stocks on the cheap?

Apologies if that sounds judgemental, I'm just intrigued.
Title: Re: Race from 10 to 100k!!
Post by: Dave15 on March 25, 2020, 01:03:35 PM
25-6-2018            € 29.879,12 ------> Started Tracking
25-7-2018            € 30.749,12
25-8-2018            € 31.993,17
25-9-2018            € 33.185,00 ------> Found MMM
25-10-2018          € 34.433,66
25-11-2018          € 35.556,00
25-12-2018          € 41.939,62
25-1-2019            € 42.082,47
25-2-2019            € 44.338,00
25-3-2019            € 46.218,65
25-4-2019            € 47.829,00
03-6-2019            € 49.478,00
05-7-2019            € 52.722,00
25-7-2019            € 54.736,00
31-8-2019            € 56.431,00
01-10-2019          € 58.445,00
06-11-2019          € 60.308,00
06-12-2019          € 61.808,00
26-12-2019          € 64.000,00
03-02-2020          € 72.170,00
28-02-2020          € 74.154,00
25-03-2020          € 71.579,00

Aaaaaand it's gone! My first market crash, and similarly telling how cash heavy I currently am. Investments are down roughly 24% and I feel guilty of market timing because I dumped excess cash, "earmarked for DCA anyway" I remember thinking, into the market at once. I did this three times and all above the current market price haha. Next month's objective is just to only invest at the regular, automated, intervals.

Just ten days before Corona really broke down I flew back from a weeklong hiking trip in Spain's Basque country. Having walked on the old Camino de Santiago trail between the French border and the town of Guernica. Even though my feet are still recovering from blisters and it rained every day it was dangerously addictive, allround gorgeous and suprisingly cheap. Lucky timing there, currently on social distancing only, but a lock-down might still happen.

Title: Re: Race from 10 to 100k!!
Post by: Hirondelle on March 26, 2020, 05:09:51 AM
And yet another sharp dip this month.

Dec 2017 €14.300
June 2018 €23.300 (+9k over 6 months)
Dec 2018 €35.600 (+13.3k over 6 months)
June 2019 €48.000 (+12.4k over 6 months)
Dec 2019 €61.500 (+13.5k over 6 months)
Jan 2020 €64.000 (+2.500)
Feb 2020 €59.100 (-4.900)
Mar 2020 €53.900 (-5.200)
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on March 28, 2020, 12:03:48 PM
Tracking net worth.

EOY 12.2016 - (-£10,250)
EOY 12.2017 - £4,360
EOY 12.2018 - £40,620
EOY 12.2019 - £62,523
01.2020 - £64,537 (+2,314)
02.2020 - £65,716 (+1,179)
03.2020 - £66,908 (+1,192)
04.2020 = £67,146 (+238)

Assets = £70,570
Student loans = (£3,424)

Net worth this month went up slightly which is pretty amazing as most of my investments tanked big time... Still I'm in it for the long haul like everyone else so just waiting for the market rise again.
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on March 28, 2020, 03:52:58 PM
I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big. My checking account is also not included as it has money I will likely spend this month. Goal for 2020 is to make it to $75K.

Net worth:
2017:
Dec2017:$7800
2018
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658
Nov2018: $23,948 (+$290)
Dec2018: $23,960 (+12)
2019
Jan2019: $27,100 (+3140)
Feb2019: $29,443 (+2343)
Mar2019: $31,603 (+2160)
Apr2019: $33,959 (+2356)
May2019: $33,933 (-$26)
Jun2019: $37,928 (+3995)
Jul2019: $39,736 (+1808)
Aug2019: $39,918 (+182)
Sep2019: $34,179 (-5739)
Oct2019: $38,091 (+3912)
Nov2019: $39,867 (+1776)
Dec2019: $43836 (+$3968)
2020
Jan2020:$ 45,839 (+$2003)
Feb2020: $43,345 (-$2494)
Mar2020:$39,081.45 (-$4264)- Shit-another month down. I was so happy to get out of the 30k's and now I am back again. I added money to the market, and didn't take on any debt. At least I am early enough in my savings that this dip isn't hitting too hard.
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on March 31, 2020, 01:37:54 AM

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

01/04/2020: 15.456,74 € (+417,65 €)

Overall savings still outweighed losses due to the current crisis, but NW growth really slowed down. My budgeting app says I saved 1.355,94 € this month. Increased my monthly contributions to ETF-savings plan to make use of the market dip. I don't believe it has reached bottom yet, but since I'm not confident in being able to call when that might be I'll just stick to my bi-monthly automated plan. Luckily job is really secure for now, but any raises which were kind of overdue are probably out of the question for the near-/midterm.
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on March 31, 2020, 07:52:16 AM
                  401K   NW
1-1-2018     6455   24k
12-1-2018   9518   37k
4-1-2019    10960  49k
11-6-2019   13466  53k -start of race
12-29-19     14460   56k
2-02-20       14991  57k
3-01-20       14632   58k

4-01-20       13884   58k

Hanging in there... I've lost about 20% YTD, but I've been throwing close to 50% income into investments. I know I'll appreciate that in a year or two. I can keep it going for another 3-6 months without negative impact on my E-fund.
I'll lower contributions once my E-fund hits a certain point (4 months normal spend) or the discounted stocks are no longer available.
I've been working on a long-term plan for when my investments are about 20x what they are, based on my risk tolerance this time through. I just wish I had a bit extra to throw in right now...
Title: Re: Race from 10 to 100k!!
Post by: Optimiser on March 31, 2020, 09:29:22 AM
Mar 2019 $14,000
Apr 2019 $12,700
May 2019 $9,500
Jun 2019 $11,500
Jul 2019 $17,000
Aug 2019 $19,900
Sep 2019 $19,900
Oct 2019 $26,200
Nov 2019 $34,500
Dec 2019 $37,200
Jan 2020 $43,700

Feb 2020 $45,400

Got a big tax refund, Corona virus has tanked the market, and I paid a bunch in closing costs to refi my house. Moving forward I'll be saving a bunch on interest every month. I'm surprised to see things still going up this month, all things considered.

Mar 2020 $45,300

Turns out the coronavirus was not done with the markets. I ended up cancelling my refinance right at the end of my rescission period and locked in an even lower rate. So I got my closing costs back on the old refinance ($3800), but haven't had to pay closing costs on the new refinance yet. I'll be paying those hopefully sometime in April, but also getting a stimulus check so that should those should almost cancel each other out. Who knows where the market will be in a month.

Editing to add: I noticed that in spite of this market volatility I am up over 30K compared to one year ago. How cool is that?!
Title: Re: Race from 10 to 100k!!
Post by: Imma on March 31, 2020, 10:29:53 AM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October: €11128.59
November: €11227,46
December: €11991,27
January: €12576,72
February: €11904,39
March: €10425,32

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

Actually not as bad as I thought it would be!
Title: Re: Race from 10 to 100k!!
Post by: BobTheBuilder on March 31, 2020, 12:37:52 PM
Dec 2019: 20,584
Jan 2020: 22,623
Feb 2020: 24,803
Mar 2020: 23,369

For a portfolio of 27k at the end of February, I'd say I am doing ok.
Title: Re: Race from 10 to 100k!!
Post by: CrabboStache on March 31, 2020, 07:00:51 PM
Looks like I missed last quarter's update, I bolded the one I appear to have missed & the newest update.

4/1/18 - 8,288.95
11/14/18 - 17,977.82
3/30/19 - 24,649.79
7/1/19 - 29,604.18
10/1/19 - 31,878.15
1/1/20 - 36,198.66
4/1/20 - 35,304.66


Bit of a bummer having my first decrease in a quarter, but still chugging along. Throwing as much money into the market as I can, not upset about my net worth still being 10K higher than it was at this time last year. It's a slow race for me. :)
Title: Re: Race from 10 to 100k!!
Post by: Tass on March 31, 2020, 09:12:10 PM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k
Dec 18$22.4k
Jan 19$24.7k
Feb 19$27.2k
Mar 19$29.3k
Apr 19$31.3k
May 19$31.5k
Jun 19$33.3k
Jul 19$35.1k
Aug 19$36.7k
Sep 19$38.6k
Oct 19$40.2k
Nov 19$42.6k
Dec 19$44.6k
Jan 20$49.0k
Feb 20$46.5k

Mar 20: $42.7k

No one ever said this road wouldn’t have some speed bumps.
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on March 31, 2020, 09:28:05 PM
Sept 1 - 101.6k
Oct 1 - 106.2k (+4,600)
Nov 1 - 108.8k (+2,600)
Dec 1 - 111.7 (+2,900)
Jan 1 - 113.0 (+1,300)
Feb 1 - 115.1 (+2,100)
Mar 1 - 110.4 (-4,700)
Apr 1 - 98.6 (-11,800)

Well, hello old friends.  Mind if I join you for a month or 2? 
Title: Re: Race from 10 to 100k!!
Post by: Sugaree on April 01, 2020, 04:11:08 AM
5/1/2015     $4,419.53
5/1/2016     $15,689.46
5/1/2017     $34,125.20
5/1/2018     $51,663.60

5/1/2019     $64,340.45
6/3/2019     $64,940.28   (+$ 599.83  or  +0.93%)
7/1/2019     $70,156.02   (+$5215.74 or  +8.03%)
8/1/2019     $74,255.95   (+$4146.62 or  +5.91%)
9/1/2019     $74,328.43   (+$    25.79 or  +0.03%)
10/1/2019   $78,067.76   (+$3739.33  or  +5.03%)
11/1/2019   $81,247.16   (+$3206.40  or  +4.11%)
12/2/2019   $88,148.59   (+$6874.43  or  +8.46%)

1/2/2020     $90,835.16   (+$2686.57  or  +3.05%)
2/3/2020     $93,896.81   (+$2968.79  or  +3.26%)
3/2/2020     $100,165.23 (+$6268.42  or   +6.68%)
4/1/2020     $94,297.23   (-$5868.00   or   -5.86%)


I've really been avoiding checking my portfolio for the last couple of weeks, so this isn't quite as bad as I was expecting it to be.
Title: Re: Race from 10 to 100k!!
Post by: YarnBudget on April 01, 2020, 05:52:35 AM
Net Worth
Dec 2019 = $32,211.58
Jan 2020 = $33,874.65 (+ $1,663.07)
Feb 2020 = $36,738.94 (+ $2,864.29)
Mar 2020 = $31,221.02 (- $5,517.92)

Ouch.

2020 savings goals:
$9,000.00 / $21,200 to student loans
$3,207.54 / $12,800 to investments
$12,207.54 / $34,000 total
Title: Re: Race from 10 to 100k!!
Post by: Evasion on April 01, 2020, 06:23:08 AM
20 Dec 18 - 37,800
Mid March 2019 - 45,815
20 June 2019 - 50,890
Mid September 2019 - 57,608
15 December 2019 - 65,794
15 January 2020 - 69,388
15 February 2020 - 76,452
1 March 2020 - 72,765
18 March 2020 - 68,436
1 April 2020 - 71,465

Back up, onwards! Buying all the way down started paying off with the market bounce. I still have a job, and saving a lot. It's all about being greedy when others are fearful now. Hoping I can keep the job, stay frugal, and get ahead. Good to be back in black in most places. Expecting a big quarterly 401k that should push me back up to my peak.
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on April 01, 2020, 06:59:50 AM

2018
1/31 : (5949.05)
2/28 : (5288.30)
3/31 : (4273.93)
4/30 : (2592.07)
5/31 : (629.70)
6/30 : 1,206.77
7/31 : 2,703.97
8/31: 5,651.70
9/31: 8,039.01
10/31: 7,803.49
11/30: 9,531.28
12/31: 9,296.79

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

2020
1/31/2020: $44,514
2/29/2020: $48,891


3/31/2020: $46,104

Hurray for market corrections right! staying the course as there will always be blimps in the future. Just got to keep going forward and keep my investing as steady as it ever is.

Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on April 01, 2020, 08:49:13 AM

Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

9/29/17 - $11,511 (First post in thread)
6/30/18 - $36,000
7/31/18 - $38,676
8/31/18 - $40,277
9/30/18 - $50,572
10/31/18 - $46,085
11/30/18 - $48,956
12/31/18 - $46,003
1/31/19 - $53,028
2/28/19 - $58,276
3/31/2019 - $67,340
4/30/2019 - $70,674
5/31/2019 - $69,853
6/30/2019 - $75,757
7/31/2019 - $78,206
8/31/2019 - $83,589
9/30/2019 - $83,292
10/31/2019 - $87,539
11/30/2019 - $98,502
12/31/2019 - $96,225
1/31/2020 - $96,048
2/29/2020 - $94,556
3/31/2020 - $92,438

March Notes

Same boat as everyone else.
Title: Re: Race from 10 to 100k!!
Post by: Rosy on April 01, 2020, 02:58:13 PM

Goal: $100K by Dec 31, 2021

$  4,588 June 2017
$ 10,117 Dec 2017

$ 10,715 Jan 2018
$ 31,034 Dec 2018

$ 31,094 Jan 2019
$ 50,000 Dec 2019

$ 53,000 Jan 2020
$ 56,000 Feb 2020

Update - $58K Mar 2020
Projected for April - $60K ~

I am not expecting any losses only continued gains/interest for another 16 months.
This is all nothing but a cash cushion, in various CDs or savings accounts for just such an emergency as we are currently facing.
Meanwhile, Mr. R's portfolio is taking a severe beating - not what you hope for when you planned to retire in three years.

So you're holding all this money in cash?  If you don't mind me probing, why do you need such a high cash buffer?  Surely now is a brilliant time to use some of this cash to buy stocks on the cheap?

Apologies if that sounds judgemental, I'm just intrigued.

@Manchester
Easy answer - since Mr. R. is almost 60 and planning to retire in about two years but is presently still working (his job is considered essential so no loss of income) we want to be in a position where we can leave his portfolio alone and give it time to recover rather than drawing from it.
I think we are plenty bold to still fully contribute to his 401K each month.

We have no debt, a paid-for home, paid for vehicles... 
The plan is to hit $100K by EOY 2021 - end of story.

I do agree with you that now is a good time to accumulate extra stocks while they are cheap.
But, in our case at almost 60 and 71 years old, we think we are being rather calm if not to say bold to stay in the market and do our usual contributions no matter what happens during this global financial crisis.
Who knows if we survive this pandemic and who knows what the world will look like this time next year or how long it will take the market to recover.

Money is an emotional beast and this cash lets me sleep at night:).
If all our funds were flapping in the winds of the stock market I'd be worried sick. We have other investments besides the 401K but only one of them will remain unaffected by the market - we could draw 3% from it now, but we are letting it sit and grow until he actually retires.

Hard to believe there would come a time when a 3% guaranteed payout would actually sound good.
Having as many alternative sources of income as possible is key - I like FI and I like to have options, a cash stash is just one of those options.

So there you have it Manchester - it is what it is.:)
We all have different circumstances, perspectives, opportunities, and motivations.
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on April 01, 2020, 03:01:32 PM
February 2019 - $23,933
March 2019 - $25,416
April 2019 - $26,812
May 2019 - $26,575 
June 2019 - $27,758
July 2019 - $29,419
August 2019 - $29,884
September 2019 - $30,602
October 2019 - $31,770
November 2019 - $33,081
December 2019 - $34,820
January 2020 - $36,392
February 2020 - $35,701

March 2020 - $32,466

Oh how young and naive we were back in February.  But it's okay.  The stocks I'm buying now are gonna make me bank later!  At least that's what I keep telling myself. 

I'm still employed, still investing, still alive!  I just spent too much money on groceries and supplies this month, but who didn't? 
Title: Re: Race from 10 to 100k!!
Post by: Rosy on April 01, 2020, 03:35:25 PM
Goal: $100K by Dec 31, 2021

$  4,588 June 2017
$ 10,117 Dec 2017

$ 10,715 Jan 2018
$ 31,034 Dec 2018

$ 31,094 Jan 2019
$ 50,000 Dec 2019

$ 53,000 Jan 2020
$ 56,000 Feb 2020
$ 58,000 Mar 2020

$ 61,670 Apr 2020 better than expected. Some of this includes slush funds that I consolidated or moved - so not all true savings.
Title: Re: Race from 10 to 100k!!
Post by: nmitb on April 02, 2020, 05:29:47 AM

                       2019                2020                2021                2022               
Jan-$7,248$35,632--
Feb-$6,093$32,925--
Mar-$1,081$32,425--
Apr$1,221$25,737--
May$4,418---
Jun$5,562---
Jul$7,408---
Aug$9,255---
Sept$25,361---
Oct$27,333---
Nov$31,211---
Dec$33,422---
Title: Re: Race from 10 to 100k!!
Post by: TerrierTown on April 02, 2020, 04:29:03 PM
Hi all, first post!

01 Jun 2019 NW £44,112
           
01 Jul 2019 NW £46,737

02 Apr 2020 NW £61,865
Title: Re: Race from 10 to 100k!!
Post by: CanadianTeacher on April 03, 2020, 07:38:05 AM
January 2018: $18,944.35
February 2018: $22,047.46
March 2018: $23,463.61
April 2018: $24,224.19
May 2018: $26,173
Jun 2018: $29,519.62

October 2018: $29,676.50
November 2018: $32,923.90
December 2018: $34,394.85
January 2019: $39,825.43
February 2019" $43,508.66
April 2019: $48,394.91
July 2019: $80,041.52 (Big jump because as a teacher I receive pay that's held back over the year to cover me for the summer -- basically three paycheques at once. I also started to include my pension value in net worth)‬
December 2019: $86,963.15

January 2020: $96,301.56
February 2020: $101,272.15.
March 2020: $102,362.65

Moved up a little bit this month but lost a ton of gains on the market. Hoping the market recovers this month. Did not advance enough this month to feel comfortable that I've truly graduated. from the thread.


Feb 1st 2020 Update:$101,272.15.  WOOT!!

Figure I'll stick around for another month to ensure that I stay over the goal :) This includes $17,405.32 in pension contributions that are hard to value... but since I'm early in my career, if I were to quit today, I'd get back the value of my contributions... so it's worth at least that.

Also includes $4000 in held pay that I'm counting. Essentially, it's pay that I've earned but my district holds onto it until the summer as they think they are helping us budget for the summer when we receive no pay (in reality, I'd much rather have the money up front and earn interest, but sadly that's not an option in this district).

January update: $96,301.56

Some good investment returns last month :). Might be able to reach 100k at the end of the month. Found out my job is secure until the end of June, so it seems very likely by the end of February.


Just contacted my former pension plan. Commuted value is difficult to calculate and I'll get a figure in six months. But I was assured I will get at least my contributions + interest, so: $6,826.01

So my current net worth:
$65,536.55 + $7,678.96 + $6,826.01 = ‬ $80,041.52‬  Woot!

December 1st update: $86,963.15

I received no pay over the summer, but travelled to England and Italy. I also treated myself to a new MacBook for work/pleasure.

With the threat of layoffs/strikes due to our new anti-education government, I will be slowing down my spending drastically. I know I'd be a lot closer to my $100,000 goal if I hadn't spent money on my trip/new technology, but you got to live a little.

I figure I will reach $100,000 by the end of February if my job remains stable.


Sunk below the 100k threshold

January 2018: $18,944.35
February 2018: $22,047.46
March 2018: $23,463.61
April 2018: $24,224.19
May 2018: $26,173
Jun 2018: $29,519.62

October 2018: $29,676.50
November 2018: $32,923.90
December 2018: $34,394.85
January 2019: $39,825.43
February 2019" $43,508.66
April 2019: $48,394.91
July 2019: $80,041.52 (Big jump because as a teacher I receive pay that's held back over the year to cover me for the summer -- basically three paycheques at once. I also started to include my pension value in net worth)‬
December 2019: $86,963.15

January 2020: $96,301.56
February 2020: $101,272.15.
March 2020: $102,362.65
April 2020: $98,415.77
Title: Re: Race from 10 to 100k!!
Post by: lexde on April 03, 2020, 08:55:18 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46
3/1/2019: $44,391.15
3/15/2019: $45,689.39
3/31/2019: $48,303.11
05/25/2019: $53,145.15
06/07/2019: $54,674.68
06/21/2019: $57,532.15
07/03/2019: $58,718.06
07/19/2019: $60,172.27
08/02/2019: $60,058.32
08/16/2019: $62,923.68
01/06/2020: $69,508.25
01/17/2020: $73,128.38
01/31/2020: $77,313.16
02/16/2020: $80,269.73
02/28/2020: $77,245.88
03/13/2020: $70,222.54 (-$7,023.34)

04/03/2020: $72,480.14 (+$2,257.6)

Hardcore savings and fewer expenses led to small gain this pay period. Although $1,250.00 of this is "dirty" money that I don't really want to count. Only truly a $1,007.60 gain for this pay period.
Title: Re: Race from 10 to 100k!!
Post by: lexde on April 10, 2020, 07:25:37 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46
3/1/2019: $44,391.15
3/15/2019: $45,689.39
3/31/2019: $48,303.11
05/25/2019: $53,145.15
06/07/2019: $54,674.68
06/21/2019: $57,532.15
07/03/2019: $58,718.06
07/19/2019: $60,172.27
08/02/2019: $60,058.32
08/16/2019: $62,923.68
01/06/2020: $69,508.25
01/17/2020: $73,128.38
01/31/2020: $77,313.16
02/16/2020: $80,269.73
02/28/2020: $77,245.88
03/13/2020: $70,222.54 (-$7,023.34)
04/03/2020: $72,480.14 (+$2,257.6)

04/10/2020: $80,296.56 (+$7,816.42)

Most of this, of course, was market rebounding. But I'm happy to say that I'm at my highest NW ever once again, now surpassing (by a whopping $26.83!!) my February 16, 2020 net worth. I am lucky to remain employed. I am lucky to be able to work from home, not drive, cook my meals, and stay indoors and safe. That's what matters right now, but financially I am doing okay, too.

I dumped most of my paycheck this month into savings and am back to a $10K e-fund. I'd like to be in the $12-24k range, and will be at the lower end of that by the end of May. With that said, I am still maxing out my 401(k), IRA, and HSA contributions, and once I have my e-fund in the $15K range I will begin contributing more to my taxable brokerage accounts.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on April 12, 2020, 05:17:35 AM
Just wanted to stop by and say y'all are doing great!  Way to stay the course!

My stash was under 100k when the market tanked 50% in 2008.  It was extremely scary, but I kept saving and investing as much as I could.  I am so thankful to my past self that I did it. 
Title: Re: Race from 10 to 100k!!
Post by: okisok on April 13, 2020, 10:25:12 PM
Thanks for posting that encouragement! I was planning on dumping a few thousand into my VTSAX when the market went down, then I got (temporarily) laid off. It was so disheartening to see my NW drop down to where it was in June of 2018! Doubly so since I wasn't able to take advantage of the 'sale prices' on shares. But I've redone the numbers and freed up as much as I feel comfortable parting with for the long-term. Staying the savings course!
Title: Re: Race from 10 to 100k!!
Post by: soily on April 14, 2020, 07:54:19 AM
Well I finally paid off the last of my non-mortgage/student loan debt today and upped my 401k contribution to the max allowed on my plan (15% ~12k per year). I am aiming for a 50% savings rate. I'm excited!

                    401K          IRA          Total
Jan 2018:   $1,050        $1,230      $2,280
Jan 2019:   $6,800        $3,500      $10,300
Jan 2020:   $12,100      $6,600      $18,700
Feb 2020:   $12,500      $6,500      $18,000
Mar 2020:   $12,700      $6,100      $18,800
Apr 2020:   $12,100      $5,100      $17,200

Title: Re: Race from 10 to 100k!!
Post by: Evasion on April 15, 2020, 05:40:02 AM
20 Dec 18 - 37,800
Mid March 2019 - 45,815
20 June 2019 - 50,890
Mid September 2019 - 57,608
15 December 2019 - 65,794
15 January 2020 - 69,388
15 February 2020 - 76,452
1 March 2020 - 72,765
18 March 2020 - 68,436
1 April 2020 - 71,465
15 April 2020 - 77,936

YES ! Back at my NW peak already ! Got some quarterly 401k paid, spending is low due to lockdown, and I have been investing as much as I can while keeping some cash in case I lose employment. The little rebound also helped for sure.
Must. Keep. Going. Great to hear the encouragements, I was barely an adult when the GFC started and had no skin in the game.

Graduation is for September hopefully.
Title: Re: Race from 10 to 100k!!
Post by: An Unassuming Moose on April 15, 2020, 05:53:26 AM
Nov 20, 2019 -- $113,800
January 15, 2020 -- $120,900
February 15, 2020 -- $136,916
March 17, 2020 -- $65,556
April 15, 2020 -- $97,329

The market is roaring back already. Despite poor savings in the last few weeks, my leveraging is putting in the work. Might be out of here sooner than I expected.
Title: Re: Race from 10 to 100k!!
Post by: Serendip on April 15, 2020, 02:39:13 PM
Dec '17    18,146
Jan '18     23,607

Dec '18    48,380
Jan '19     51,210
Mar '19     55,075
Aug '19    59,005
Nov '19    64,246
Dec '19    60,746
Jan '20     63,186
Apr '20     62,030

 My line of work has been halted at this point (non-essential healthcare, close contact with people so not allowed to practice currently). I've been out of work over a month and am gratefully receiving emergency gov't benefits and considering options if I cannot go back to my career. Strange to think about--strange year!
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on April 15, 2020, 06:16:39 PM
Hey All,

This is my first time posting on this thread, it feels great to be here!  I feel that now is the time to be bold and move forward with bold plans, so here we go...

We surpassed $50k back in February, but then the crash happened.  However, we have since climbed back.


Our Investments and Savings (not including checking accounts)

9/28/18  - $22,949
10/28/18 - $23,952
11/28/18 - $27,878
1/28/19 - $28,853
2/28/19 - $31,682
3/28/19 - $32,684
4/28/19 - $35,011
5/28/19 - $35,838
6/28/19 - $38,276
7/28/19 - $40,607
8/28/19 - $40,508
9/28/19 - $42,168
10/28/19 -$42,209
11/28/19 - $44,478
12/28/19 -$46,408
1/28/20 - $49,115
2/28/20 - $50,466
3/28/20 - $48,609
4/15/20 - $51,095

We are about to add to our savings and investments, thanks to the government stimulus.
Namely, $1000 will go into savings, and $500 more into investments.
All in all, it feels good to see our pile progressing through recent circumstances.

Will update 4/28/20

Onward and upward!!
Title: Re: Race from 10 to 100k!!
Post by: Rosy on April 16, 2020, 02:29:39 PM
Goal: $100K by Dec 31, 2021

$  4,588 June 2017
$ 10,117 Dec 2017

$ 10,715 Jan 2018
$ 31,034 Dec 2018

$ 31,094 Jan 2019
$ 50,000 Dec 2019

$ 53,000 Jan 2020
$ 56,000 Feb 2020
$ 58,000 Mar 2020

Projected for April: $60K

UPDATE: April 8, 2020 - $ 61,670 better than expected.
Some of this includes slush funds that I consolidated or moved - so not all true savings.

UPDATE: April 16, 2020 - $63K+ = $5K+ increase YAY definitely better than expected.
Includes $1200 stimulus payment.
Will give final update on Apr 30, 2020

Projected for May - $65K ~
Title: Re: Race from 10 to 100k!!
Post by: Treedream on April 29, 2020, 04:10:23 AM
01/06/2018: -€60
01/01/2019: €2875.28
01/07 2019: €9288.2
01/08/2019: €10.485.05
01/09/2019: 11554.85
28/09/2019:  €12.182,10
24/10/2019: €13.082.24
26/11/2019: €14,311.49

01/02/2020: €15.260


Goal 01/01/2021: €27.500 Excluding sinking funds for holidays and health insurance, including student loan at 0.01% interest. This is starting off well, because I got a small raise at work.

29/04/2020: €18.449 In three months more than €3000 up despite the market volatility. Very pleased with the results, although I think I will need to spend some fun money soon. I've been very tight for a while now. My savings rate has been 48.45% so far this year and is only on the rise with next months holiday pay (8% of yearly salary).
Title: Re: Race from 10 to 100k!!
Post by: BobTheBuilder on April 30, 2020, 11:57:30 AM
Dec 19: 20.6k
Jan 20: 22.6k
Feb 20: 24.8k
Mar 20: 23.5k - just a blip on the radar if you have some far OTM puts
Apr 20: 28.7k - off goes the investment rocket again

I can go for a year with unemployment benefits and would just have to stop saving for now. And more than one additional year from my savings.

I like where the train is heading.
Whoop Whoop!
Title: Re: Race from 10 to 100k!!
Post by: Imma on April 30, 2020, 12:58:22 PM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October: €11128.59
November: €11227,46
December: €11991,27
January: €12576,72
February: €11904,39
March: €10425,32
April: €11830,70

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

Actually not as bad as I thought it would be!
Title: Re: Race from 10 to 100k!!
Post by: CanadianTeacher on April 30, 2020, 06:13:43 PM
Alright, lots of bouncing around these last couple months but I think I've officially graduated. Onto the 250k thread... job situation is up in the air next year so we'll see if I can continue on a steady path.

January 2018: $18,944.35
February 2018: $22,047.46
March 2018: $23,463.61
April 2018: $24,224.19
May 2018: $26,173
Jun 2018: $29,519.62

October 2018: $29,676.50
November 2018: $32,923.90
December 2018: $34,394.85
January 2019: $39,825.43
February 2019" $43,508.66
April 2019: $48,394.91
July 2019: $80,041.52
December 2019: $86,963.15

January 2020: $96,301.56
February 2020: $101,272.15.
March 2020: $102,362.65
April 2020: $98,415.77
May 2020:$111,832.84


January 2018: $18,944.35
February 2018: $22,047.46
March 2018: $23,463.61
April 2018: $24,224.19
May 2018: $26,173
Jun 2018: $29,519.62

October 2018: $29,676.50
November 2018: $32,923.90
December 2018: $34,394.85
January 2019: $39,825.43
February 2019" $43,508.66
April 2019: $48,394.91
July 2019: $80,041.52 (Big jump because as a teacher I receive pay that's held back over the year to cover me for the summer -- basically three paycheques at once. I also started to include my pension value in net worth)‬
December 2019: $86,963.15

January 2020: $96,301.56
February 2020: $101,272.15.
March 2020: $102,362.65

Moved up a little bit this month but lost a ton of gains on the market. Hoping the market recovers this month. Did not advance enough this month to feel comfortable that I've truly graduated. from the thread.


Feb 1st 2020 Update:$101,272.15.  WOOT!!

Figure I'll stick around for another month to ensure that I stay over the goal :) This includes $17,405.32 in pension contributions that are hard to value... but since I'm early in my career, if I were to quit today, I'd get back the value of my contributions... so it's worth at least that.

Also includes $4000 in held pay that I'm counting. Essentially, it's pay that I've earned but my district holds onto it until the summer as they think they are helping us budget for the summer when we receive no pay (in reality, I'd much rather have the money up front and earn interest, but sadly that's not an option in this district).

January update: $96,301.56

Some good investment returns last month :). Might be able to reach 100k at the end of the month. Found out my job is secure until the end of June, so it seems very likely by the end of February.


Just contacted my former pension plan. Commuted value is difficult to calculate and I'll get a figure in six months. But I was assured I will get at least my contributions + interest, so: $6,826.01

So my current net worth:
$65,536.55 + $7,678.96 + $6,826.01 = ‬ $80,041.52‬  Woot!

December 1st update: $86,963.15

I received no pay over the summer, but travelled to England and Italy. I also treated myself to a new MacBook for work/pleasure.

With the threat of layoffs/strikes due to our new anti-education government, I will be slowing down my spending drastically. I know I'd be a lot closer to my $100,000 goal if I hadn't spent money on my trip/new technology, but you got to live a little.

I figure I will reach $100,000 by the end of February if my job remains stable.


Sunk below the 100k threshold

January 2018: $18,944.35
February 2018: $22,047.46
March 2018: $23,463.61
April 2018: $24,224.19
May 2018: $26,173
Jun 2018: $29,519.62

October 2018: $29,676.50
November 2018: $32,923.90
December 2018: $34,394.85
January 2019: $39,825.43
February 2019" $43,508.66
April 2019: $48,394.91
July 2019: $80,041.52 (Big jump because as a teacher I receive pay that's held back over the year to cover me for the summer -- basically three paycheques at once. I also started to include my pension value in net worth)‬
December 2019: $86,963.15

January 2020: $96,301.56
February 2020: $101,272.15.
March 2020: $102,362.65
April 2020: $98,415.77
Title: Re: Race from 10 to 100k!!
Post by: Optimiser on April 30, 2020, 07:21:42 PM
Mar 2019 $14,000
Apr 2019 $12,700
May 2019 $9,500
Jun 2019 $11,500
Jul 2019 $17,000
Aug 2019 $19,900
Sep 2019 $19,900
Oct 2019 $26,200
Nov 2019 $34,500
Dec 2019 $37,200
Jan 2020 $43,700
Feb 2020 $45,400
Mar 2020 $45,300

Apr 2020 $52,800

Market is back up a lot. We got $3,400 in stimulus, and closed on our refinance. Had to pay a bunch in closing costs, but our payment will over $200 less per month, so we will break even pretty fast.

I'm up $40,100 compared to last April.

(https://media1.tenor.com/images/6eaab0d39bd1afa7be8985eb7ac2d28b/tenor.gif?itemid=4172416)
Title: Re: Race from 10 to 100k!!
Post by: Tass on April 30, 2020, 11:49:25 PM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k
Dec 18$22.4k
Jan 19$24.7k
Feb 19$27.2k
Mar 19$29.3k
Apr 19$31.3k
May 19$31.5k
Jun 19$33.3k
Jul 19$35.1k
Aug 19$36.7k
Sep 19$38.6k
Oct 19$40.2k
Nov 19$42.6k
Dec 19$44.6k
Jan 20$49.0k
Feb 20$46.5k
Mar 20$42.7k

Apr 20: $47.5k

MPP: The IRS messed up my direct deposit and the market has gone up in the meantime. :P
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on May 01, 2020, 03:46:05 AM

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

01/05/2020: 16.903,74 € (+1.447,00 €)

Net worth growth is actually 2.147,00 € and not 1.447,00 € as noted above. I noticed this month, that since May last year I had included a travel expense advance of 700,00 € in my networth calculations, because it sits in my regular checking account since then, but is actually not my money. I didn't want to recalculate all previous months, but since May 2019 my net worth was actually 700,00 € lower for every month than I had posted. Net worth growth this month was pretty evenly split between savings and the rebound of the markets. Pretty happy that despite the turmoil caused by Coronavirus I didn't have a single down month in 2020. Goal is 25.000,00 € for 01.01.2021.
Title: Re: Race from 10 to 100k!!
Post by: nat965 on May 01, 2020, 04:05:33 AM
1 May 2020 - $13,182

Just started seriously counting my $. been around 10-15k since January. Stocks and cash, not including superannuation (Australia's 401k)

Onwards and upwards I say.
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on May 01, 2020, 04:11:24 AM
                  401K   NW
1-1-2018     6455   24k
12-1-2018   9518   37k
4-1-2019    10960  49k
11-6-2019   13466  53k -start of race
12-29-19     14460   56k
2-02-20       14991  57k
3-01-20       14632   58k
4-01-20       13884   58k

5-01-20    17011  63k

Wow, that's an odd increase. I suppose from my increased E-fund and market growth? Oh, and nearly 70 hours of overtime for the month. Yeah, probably that...
Title: Re: Race from 10 to 100k!!
Post by: Sugaree on May 01, 2020, 04:30:40 AM
5/1/2015     $4,419.53
5/1/2016     $15,689.46
5/1/2017     $34,125.20
5/1/2018     $51,663.60

5/1/2019     $64,340.45
6/3/2019     $64,940.28   (+$ 599.83  or  +0.93%)
7/1/2019     $70,156.02   (+$5215.74 or  +8.03%)
8/1/2019     $74,255.95   (+$4146.62 or  +5.91%)
9/1/2019     $74,328.43   (+$    25.79 or  +0.03%)
10/1/2019   $78,067.76   (+$3739.33  or  +5.03%)
11/1/2019   $81,247.16   (+$3206.40  or  +4.11%)
12/2/2019   $88,148.59   (+$6874.43  or  +8.46%)

1/2/2020     $90,835.16   (+$2686.57  or  +3.05%)
2/3/2020     $93,896.81   (+$2968.79  or  +3.26%)
3/2/2020     $100,165.23 (+$6268.42  or   +6.68%)
4/1/2020     $94,297.23   (-$5868.00   or   -5.86%)
5/1/2020     $106, 341.84 (+$12044.61 or +12.77%)

I think it may be time for me to move on.


Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on May 01, 2020, 04:58:33 AM
Tracking net worth.

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

Assets = £73,007
Student loans = (£3,316)

Taken a 50% pay cut temporarily due to covid19 so made very little savings this month, luckily the market bounce back has had a good effect and is responsible for most of the net worth increase this month.
Title: Re: Race from 10 to 100k!!
Post by: YarnBudget on May 01, 2020, 05:48:33 AM
Net Worth
Dec 2019 = $32,211.58
Jan 2020 = $33,874.65 (+ $1,663.07)
Feb 2020 = $36,738.94 (+ $2,864.29)
Mar 2020 = $31,221.02 (- $5,517.92)
April 2020 = $41,641.53 (+ $10,420.51)

What a roller coaster. I tossed $1000 of my stimulus check into my emergency fund, so that was a nice jump, and it was a five-paycheck month so I had a little extra to throw at loans. But most of this gain is the market.

Unfortunately I've had to adjust my savings goals down, because I just got word that budget cuts mean there won't be a full-time job for me this year after all... oh well. I really like where I work, but I suppose once the job market recovers a bit I should start looking.

2020 savings goals:
$10,250.00 / $19,000 to student loans
$4,123.98 / $12,000 to investments
$14,373.98 / $31,000 total
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on May 01, 2020, 07:14:16 AM

2018
1/31 : (5949.05)
2/28 : (5288.30)
3/31 : (4273.93)
4/30 : (2592.07)
5/31 : (629.70)
6/30 : 1,206.77
7/31 : 2,703.97
8/31: 5,651.70
9/31: 8,039.01
10/31: 7,803.49
11/30: 9,531.28
12/31: 9,296.79

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

2020
1/31/2020: $44,514
2/29/2020: $48,891
3/31/2020: $46,104


4/30/2020: $52,720

Crossed the half way point!!
Market really helped me out this month. Also got our stimulus check and closed on our refinance. So in all we spent a bunch of money this money but we also received a bunch to compensate.

Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on May 01, 2020, 08:36:52 AM
Sept 1 - 101.6k
Oct 1 - 106.2k (+4,600)
Nov 1 - 108.8k (+2,600)
Dec 1 - 111.7 (+2,900)
Jan 1 - 113.0 (+1,300)
Feb 1 - 115.1 (+2,100)
Mar 1 - 110.4 (-4,700)
Apr 1 - 98.6 (-11,800)
May 1 - 107.5 (+8900)

Thanks for letting me hang here for a month, I’m back over to the 100-250. 
Title: Re: Race from 10 to 100k!!
Post by: Jim Fiction on May 01, 2020, 10:29:25 AM

Hello everyone! It is my first time posting in this thread, I just made by way over from the race to $10k thread which I just surpassed.

Here is a basic breakdown of the numbers as of the end of the day today:

Total Cash/Cash Equivalents: $31,642
Total Liabilities: $20,131

Net Worth: $11,511

Virtually all of my liabilities are student loans. I also have some minor balances on my credit cards, which I pay off monthly. I've been aggressively attacking the student loans (see my participation in the student loan challenge if curious) and have made steady progress.

As for asset composition,  20% are in checking accounts, 13% is in my HSA and 67% is in my 401k.

9/29/17 - $11,511 (First post in thread)
6/30/18 - $36,000
7/31/18 - $38,676
8/31/18 - $40,277
9/30/18 - $50,572
10/31/18 - $46,085
11/30/18 - $48,956
12/31/18 - $46,003
1/31/19 - $53,028
2/28/19 - $58,276
3/31/2019 - $67,340
4/30/2019 - $70,674
5/31/2019 - $69,853
6/30/2019 - $75,757
7/31/2019 - $78,206
8/31/2019 - $83,589
9/30/2019 - $83,292
10/31/2019 - $87,539
11/30/2019 - $98,502
12/31/2019 - $96,225
1/31/2020 - $96,048
2/29/2020 - $94,556
3/31/2020 - $92,438
4/30/2020 - $101,897

April Notes

https://www.youtube.com/watch?v=vJ9Mtwjeq5g

IT HAS HAPPENED!

Though it feels a bit like cheating, because of the stimulus. Though I guess we could consider it a wash since that money was used to take care of some legal planning that my wife and I decided to undertake due to COVID.

My posts in this thread (and the prior thread) have been about tracking my own journey and finances so I could probably hang around in this thread another month to see what the market does, however, my wife and I have been integrating our finances more and more so the lines have blurred a bit so it makes sense for me/us to move onto the 100k to 250k thread.

Continued luck to everyone in the challenge. Hope to see you all soon in the next one!
Title: Re: Race from 10 to 100k!!
Post by: Rosy on May 01, 2020, 02:55:46 PM
Goal: $100K by Dec 31, 2021

$  4,588 June 2017
$ 10,117 Dec 2017

$ 10,715 Jan 2018
$ 31,034 Dec 2018

$ 31,094 Jan 2019
$ 50,000 Dec 2019

$ 53,000 Jan 2020
$ 56,000 Feb 2020
$ 58,000 Mar 2020
$ 64,000 Apr 2020 - incl. $1200 stimulus pmt

Projected for May $66,860 ~ incl 350 stimulus pmt.
Title: Re: Race from 10 to 100k!!
Post by: Evasion on May 01, 2020, 04:27:11 PM
Welcome to Nat, congrats to CanadianTeacher and sorry to hear about your job Serendip.

20 Dec 18 - 37,800
Mid March 2019 - 45,815
20 June 2019 - 50,890
Mid September 2019 - 57,608
15 December 2019 - 65,794
15 January 2020 - 69,388
15 February 2020 - 76,452
1 March 2020 - 72,765
18 March 2020 - 68,436
1 April 2020 - 71,465
15 April 2020 - 77,936
1 May 2020 - 78,916

A bit of an underwhelming update but at least it's going up. I was hoping to get over 80k but my super payment is not yet through. I have made a plan to get to 200k before an age milestone. Hopefully I can stick to it. Oscillating between splurge and reduced spend during the lockdown.
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on May 01, 2020, 08:42:30 PM
I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big. My checking account is also not included as it has money I will likely spend this month. Goal for 2020 is to make it to $75K.

Net worth:
2017:
Dec2017:$7800
2018
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658
Nov2018: $23,948 (+$290)
Dec2018: $23,960 (+12)
2019
Jan2019: $27,100 (+3140)
Feb2019: $29,443 (+2343)
Mar2019: $31,603 (+2160)
Apr2019: $33,959 (+2356)
May2019: $33,933 (-$26)
Jun2019: $37,928 (+3995)
Jul2019: $39,736 (+1808)
Aug2019: $39,918 (+182)
Sep2019: $34,179 (-5739)
Oct2019: $38,091 (+3912)
Nov2019: $39,867 (+1776)
Dec2019: $43836 (+$3968)
2020
Jan2020:$ 45,839 (+$2003)
Feb2020: $43,345 (-$2494)
Mar2020:$39,081.45 (-$4264)
Apr2020:$47,551.49 (+$9470.04) - I have climbed to a new height! Hope to hit 50k by June! Most of this gain is from the stock market.
Title: Re: Race from 10 to 100k!!
Post by: KathrinS on May 02, 2020, 06:04:56 AM
March 3rd 2019: £24 650
April 11th 2019: £29 470
May 5th 2019: £31 830
June 6th 2019: £33 755
July 4th 2019: £38 274
July 29th 2019: £40 619
September 3rd 2019: £42 102
October 4th 2019: £43 821
November 1st 2019: £46 954
November 30th 2019: £50 134
December 30th 2019: £52 376
January 31st 2020: £56 066
February 29th 2020: £54 592
May 2nd 2020: £60526 -- +£5934 but over 2 months.


20% of target Lean FI 'stache, yay!
Title: Re: Race from 10 to 100k!!
Post by: Icecreamarsenal on May 03, 2020, 06:53:10 PM
I've graduated from NW 1MM but most of my nw is tied up in real estate, and who really knows what that stuff is worth in this era.
I'm going to use this thread to hold my post-tax account accountable.

5/3/20: 64k
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on May 04, 2020, 01:03:11 PM
I am happy to be moving over to this thread, graduating from the race to 10K! You all seem like supportive group and I'm excited to spend the next bit of time with you all.


Student Loan Debt:

01/12/19: $43,762
05/04/20: $21,456


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on May 05, 2020, 08:03:48 AM
April 2019 - $26,812
May 2019 - $26,575 
June 2019 - $27,758
July 2019 - $29,419
August 2019 - $29,884
September 2019 - $30,602
October 2019 - $31,770
November 2019 - $33,081
December 2019 - $34,820
January 2020 - $36,392
February 2020 - $35,701
March 2020 - $32,466

April 2020 - $36,157

Whoops, I think I somehow missed posting last month.  Forgive me, something about a pandemic.  ;)  Still hanging in there and staying the course! 
Title: Re: Race from 10 to 100k!!
Post by: nmitb on May 05, 2020, 08:29:20 AM

                       2019                2020                2021                2022               
Jan-$7,248$35,632--
Feb-$6,093$32,925--
Mar-$1,081$32,425--
Apr$1,221$25,737--
May$4,418$26,441--
Jun$5,562---
Jul$7,408---
Aug$9,255---
Sept$25,361---
Oct$27,333---
Nov$31,211---
Dec$33,422---
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on May 05, 2020, 12:13:05 PM
I am happy to be moving over to this thread, graduating from the race to 10K! You all seem like supportive group and I'm excited to spend the next bit of time with you all.


Student Loan Debt:

01/12/19: $43,762
05/04/20: $21,456


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739

Welcome Aboard @TyGuy !
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on May 05, 2020, 12:14:07 PM

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

@nmitb Great job!
Title: Re: Race from 10 to 100k!!
Post by: eav on May 07, 2020, 08:42:20 AM
Shortened my list of months this time and finally posting for May. Back to numbers from the peak before the crash. Problem is...with the thousands of contributions I've made since then I would have been into the 90's by now. wahhhhhhhh.

January 2020: 69,751
February 2020: 76,776
March 2020: $81,737
April 2020: Scary
May 2020: 81,624

Title: Re: Race from 10 to 100k!!
Post by: Dave15 on May 09, 2020, 05:35:01 AM
25-6-2018            € 29.879,12 ------> Started Tracking
25-12-2018          € 41.939,62 
26-12-2019          € 64.000,00
03-02-2020          € 72.170,00
28-02-2020          € 74.154,00
25-03-2020          € 71.579,00
09-05-2020          € 76.221,00

Once more heading in the right direction!
Shorted the list to starting point, end of year records and monthly records in this year.
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on May 10, 2020, 04:55:12 PM
25-6-2018            € 29.879,12 ------> Started Tracking
25-12-2018          € 41.939,62 
26-12-2019          € 64.000,00
03-02-2020          € 72.170,00
28-02-2020          € 74.154,00
25-03-2020          € 71.579,00
09-05-2020          € 76.221,00

Once more heading in the right direction!
Shorted the list to starting point, end of year records and monthly records in this year.

@Dave15 Wow closing in on $50k progress there... not too shabby. 
Title: Re: Race from 10 to 100k!!
Post by: lexde on May 14, 2020, 07:03:53 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46
3/1/2019: $44,391.15
3/15/2019: $45,689.39
3/31/2019: $48,303.11
05/25/2019: $53,145.15
06/07/2019: $54,674.68
06/21/2019: $57,532.15
07/03/2019: $58,718.06
07/19/2019: $60,172.27
08/02/2019: $60,058.32
08/16/2019: $62,923.68
01/06/2020: $69,508.25
01/17/2020: $73,128.38
01/31/2020: $77,313.16
02/16/2020: $80,269.73
02/28/2020: $77,245.88
03/13/2020: $70,222.54 (-$7,023.34)
04/03/2020: $72,480.14 (+$2,257.6)
04/10/2020: $80,296.56 (+$7,816.42)

05/14/2020: $86,077.33 (+$5,870.77)

I haven't looked at any of my accounts, including checking, for nearly a month. Still making progress, slow and steady wins the race. I've been working a lot, and not going out much except to support a local restaurant that I like. I'm still "eating out" with really large tips to help keep them afloat and I'm glad that my spending there is helping. Everything else has been pretty much Nintendo Switch and Netflix with some stationary biking thrown in while I'm not working.
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on May 14, 2020, 10:40:55 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46
3/1/2019: $44,391.15
3/15/2019: $45,689.39
3/31/2019: $48,303.11
05/25/2019: $53,145.15
06/07/2019: $54,674.68
06/21/2019: $57,532.15
07/03/2019: $58,718.06
07/19/2019: $60,172.27
08/02/2019: $60,058.32
08/16/2019: $62,923.68
01/06/2020: $69,508.25
01/17/2020: $73,128.38
01/31/2020: $77,313.16
02/16/2020: $80,269.73
02/28/2020: $77,245.88
03/13/2020: $70,222.54 (-$7,023.34)
04/03/2020: $72,480.14 (+$2,257.6)
04/10/2020: $80,296.56 (+$7,816.42)

05/14/2020: $86,077.33 (+$5,870.77)

I haven't looked at any of my accounts, including checking, for nearly a month. Still making progress, slow and steady wins the race. I've been working a lot, and not going out much except to support a local restaurant that I like. I'm still "eating out" with really large tips to help keep them afloat and I'm glad that my spending there is helping. Everything else has been pretty much Nintendo Switch and Netflix with some stationary biking thrown in while I'm not working.

Awesome progress on the networth front @lexde.  Props to you on supporting local business. My wife and I have been doing the same, and it feels good.  I'm inspired by your post to keep giving :)
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on May 14, 2020, 01:51:51 PM
Thanks for the welcome @DieHard_772


Awesome work, in a short time these past few months will be nothing but a fading memory! @Dave15 @lexde
Title: Re: Race from 10 to 100k!!
Post by: Evasion on May 15, 2020, 03:53:30 AM
20 Dec 18 - 37,800
Mid March 2019 - 45,815
20 June 2019 - 50,890
Mid September 2019 - 57,608
15 December 2019 - 65,794
15 February 2020 - 76,452
18 March 2020 - 68,436
1 April 2020 - 71,465
15 April 2020 - 77,936
1 May 2020 - 78,916
15 May 2020 - 80,396

Not too happy with my savings discipline but I've reached 80k for the first time! Super payments have not arrived yet, so I'm on track for a big jump at June 1 no matter what.
Who knows, I might break 90k for end of financial year if the market holds. I have to keep making efforts and the dollars will take care of themselves.
Title: Re: Race from 10 to 100k!!
Post by: An Unassuming Moose on May 15, 2020, 08:02:11 AM
Nov 20, 2019 -- $113,800
January 15, 2020 -- $120,900
February 15, 2020 -- $136,916
March 17, 2020 -- $65,556
April 15, 2020 -- $97,329
May 15, 2020 -- $106,496.59

Rock and roll. All market, I can't take credit here. Returning to the other thread, but I might be back yet...
Title: Re: Race from 10 to 100k!!
Post by: betsbillabong on May 15, 2020, 12:36:38 PM
In 2016, I was at approximately -$5K with $25K in debt (credit card and student loan) and $20K in a Roth IRA.

Happy to say that despite recent markets, I am now at a net worth of $75,831 with around $8K of student loan debt.

I was of course about $10K up before the pandemic hit, but still hoping to get to 100K by the end of the year!

Title: Re: Race from 10 to 100k!!
Post by: Rosy on May 20, 2020, 11:23:36 AM
Goal: $100K by Dec 31, 2021

$  4,588 June 2017
$ 10,117 Dec 2017

$ 10,715 Jan 2018
$ 31,034 Dec 2018

$ 31,094 Jan 2019
$ 50,000 Dec 2019

$ 53,000 Jan 2020
$ 56,000 Feb 2020
$ 58,000 Mar 2020
$ 64,000 Apr 2020 - incl $1200 stimulus pmt
$ 67,000 May 2020 - incl $350 stimulus pmt

Projected for June ~ $69,8K
Fingers crossed I'll hit $70K:) by EOM June.
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on May 20, 2020, 05:34:05 PM
Goal: $100K by Dec 31, 2021

$  4,588 June 2017
$ 10,117 Dec 2017

$ 10,715 Jan 2018
$ 31,034 Dec 2018

$ 31,094 Jan 2019
$ 50,000 Dec 2019

$ 53,000 Jan 2020
$ 56,000 Feb 2020
$ 58,000 Mar 2020
$ 64,000 Apr 2020 - incl $1200 stimulus pmt
$ 67,000 May 2020 - incl $350 stimulus pmt

Projected for June ~ $69,8K
Fingers crossed I'll hit $70K:) by EOM June.

Nice job!  @Rosy
Title: Re: Race from 10 to 100k!!
Post by: okisok on May 21, 2020, 07:22:31 PM
Thanks for everyone here for the inspiration. I was *so close* to moving up to the next thread, but then pandemic. Instead of getting discouraged, I threw some money in my investments to take advantage of the low prices. Working on small things to try to make the jump by the end of the year.
Title: Re: Race from 10 to 100k!!
Post by: Serendip on May 21, 2020, 09:13:53 PM
Dec '17    18,146
Jan '18     23,607

Dec '18    48,380
Jan '19     51,210
Mar '19     55,075
Aug '19    59,005
Nov '19    64,246
Dec '19    60,746
Jan '20     63,186
Apr '20     62,030
May '20    62,300

*been out of work 2 months (since Mar 14th).. haven't had to use much of my Emerg Fund due to gov't coverage (I live in Canada and we've had pretty good support). I should be able to return to work part-time within the next month so hopefully can start saving again soon. I actually have saved a good portion of the benefit payments from each month to make sure mortgage payments are covered for the next three/four months without having to worry about my work levels. Very thankful.
Title: Re: Race from 10 to 100k!!
Post by: lexde on May 22, 2020, 02:06:22 PM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46
3/1/2019: $44,391.15
3/15/2019: $45,689.39
3/31/2019: $48,303.11
05/25/2019: $53,145.15
06/07/2019: $54,674.68
06/21/2019: $57,532.15
07/03/2019: $58,718.06
07/19/2019: $60,172.27
08/02/2019: $60,058.32
08/16/2019: $62,923.68
01/06/2020: $69,508.25
01/17/2020: $73,128.38
01/31/2020: $77,313.16
02/16/2020: $80,269.73
02/28/2020: $77,245.88
03/13/2020: $70,222.54 (-$7,023.34)
04/03/2020: $72,480.14 (+$2,257.6)
04/10/2020: $80,296.56 (+$7,816.42)
05/14/2020: $86,077.33 (+$5,870.77)

05/22/2020: $89,931.92 (+$3,854.59)

This is a bit shocking, honestly. I am guessing it’s from market rebound although I honestly haven’t been tracking. Especially considering that in the last week I have spent $1,500.00 on vet bills for pup. :-(

I’m now $10,068.08 away from graduating this thread. Looks like this might happen in mid-July if things keep up, but we’ll see.

I’m just keeping my head down, saving as much money as I can, and stockpiling cash while maintaining my retirement contributions. I’m up to 7 months of expenses. Not enough, right now. I’m so thankful I am still employed and have a paid-off car. The only things that I have to spend money on are the essentials. I know so many others are not as fortunate.
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on May 27, 2020, 11:46:40 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46
3/1/2019: $44,391.15
3/15/2019: $45,689.39
3/31/2019: $48,303.11
05/25/2019: $53,145.15
06/07/2019: $54,674.68
06/21/2019: $57,532.15
07/03/2019: $58,718.06
07/19/2019: $60,172.27
08/02/2019: $60,058.32
08/16/2019: $62,923.68
01/06/2020: $69,508.25
01/17/2020: $73,128.38
01/31/2020: $77,313.16
02/16/2020: $80,269.73
02/28/2020: $77,245.88
03/13/2020: $70,222.54 (-$7,023.34)
04/03/2020: $72,480.14 (+$2,257.6)
04/10/2020: $80,296.56 (+$7,816.42)
05/14/2020: $86,077.33 (+$5,870.77)

05/22/2020: $89,931.92 (+$3,854.59)

This is a bit shocking, honestly. I am guessing it’s from market rebound although I honestly haven’t been tracking. Especially considering that in the last week I have spent $1,500.00 on vet bills for pup. :-(

I’m now $10,068.08 away from graduating this thread. Looks like this might happen in mid-July if things keep up, but we’ll see.

I’m just keeping my head down, saving as much money as I can, and stockpiling cash while maintaining my retirement contributions. I’m up to 7 months of expenses. Not enough, right now. I’m so thankful I am still employed and have a paid-off car. The only things that I have to spend money on are the essentials. I know so many others are not as fortunate.

Nice job, @lexde Keep it coming! Almost there
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on May 27, 2020, 11:47:51 AM
Dec '17    18,146
Jan '18     23,607

Dec '18    48,380
Jan '19     51,210
Mar '19     55,075
Aug '19    59,005
Nov '19    64,246
Dec '19    60,746
Jan '20     63,186
Apr '20     62,030
May '20    62,300

*still off work so am pretty happy that I haven't decimated savings. Haven't worked since mid-March and will be returning part-time in the middle of June..

I'm happy for you returning to work etc, @Serendip .  Sounds like you are doing well at lining up circumstances to keep up the progress. Way to go
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on May 27, 2020, 11:50:04 AM
Instead of getting discouraged, I threw some money in my investments to take advantage of the low prices. Working on small things to try to make the jump by the end of the year.

Hey @okcisok I love that part: "instead of getting discouraged," and then you took advantage of low prices.  that's the key, isn't it?  Staying positive.
Things will always be shifting, but if we keep a positive mindset through it all, we are likely to get out of it even better off :)
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on May 27, 2020, 11:55:10 AM
Personal update: we are making progress to our $100k goal :)

To make it as easy as possible, I am going to track all of our accounts (including checking/liquid money used for expenses)

5/27/20 -  $71,051   

On your marks, get set... Go!
Title: Re: Race from 10 to 100k!!
Post by: BobTheBuilder on May 29, 2020, 08:38:42 AM
Jan 22,634
Feb 24,893
Mar 23,454
April 28,515
May 34,893

Next months are going to be harder as the stock market probably will not keep that pace up. And the pay cuts are coming.
Title: Re: Race from 10 to 100k!!
Post by: Imma on May 29, 2020, 09:54:01 AM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October: €11128.59
November: €11227,46
December: €11991,27
January: €12576,72
February: €11904,39
March: €10425,32
April: €11830,70
May: €12154,67

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

Had some unexpected expenses this month but still moving in the right direction. March and April were quiet months for my side hustle but it's picking up again now (no invoices paid yet) and I'm also expecting a big tax refund at some point before summer.
Title: Re: Race from 10 to 100k!!
Post by: Rosy on May 29, 2020, 12:24:51 PM
Goal: $100K by Dec 31, 2021

$  4,588 June 2017
$ 10,117 Dec 2017

$ 10,715 Jan 2018
$ 31,034 Dec 2018

$ 31,094 Jan 2019
$ 50,000 Dec 2019

$ 53,000 Jan 2020
$ 56,000 Feb 2020
$ 58,000 Mar 2020
$ 64,000 Apr 2020 - incl $1200 stimulus pmt
$ 67,000 May 2020 - incl $350 stimulus pmt
Projected for June ~ $69,8K
Fingers crossed I'll hit $70K:) by EOM June.

I did it - I'll hit $70K by EOM June - that means $20K savings in 6 months. I am surprised to see it really happened.
YAY:)

Next goal hit $80K by EOM October - we'll see - it all seems surreal compared to where I was in 2015.

@DieHard_772 - how is it that I can never quite catch up with you?:) JK - Nice to see you are still hanging in there.
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on May 29, 2020, 01:18:52 PM
Goal: $100K by Dec 31, 2021

$  4,588 June 2017
$ 10,117 Dec 2017

$ 10,715 Jan 2018
$ 31,034 Dec 2018

$ 31,094 Jan 2019
$ 50,000 Dec 2019

$ 53,000 Jan 2020
$ 56,000 Feb 2020
$ 58,000 Mar 2020
$ 64,000 Apr 2020 - incl $1200 stimulus pmt
$ 67,000 May 2020 - incl $350 stimulus pmt
Projected for June ~ $69,8K
Fingers crossed I'll hit $70K:) by EOM June.

I did it - I'll hit $70K by EOM June - that means $20K savings in 6 months. I am surprised to see it really happened.
YAY:)

Next goal hit $80K by EOM October - we'll see - it all seems surreal compared to where I was in 2015.

@DieHard_772 - how is it that I can never quite catch up with you?:) JK - Nice to see you are still hanging in there.

Lol, you're not doing so bad yourself there, @Rosy Keep it up ;)
Title: Re: Race from 10 to 100k!!
Post by: Sanitary Stache on May 29, 2020, 02:14:56 PM
How are people generally playing?  I am going to leave out home value and debt and only report the total of cash and investment value.  This isn't my net worth, just what I consider our 'stache'.  I am including my emergency fund and checking account. Are others including that or are more people reporting a more complete networth value where they are subtracting debt and adding in value for less liquid assets, like a home?

May 31, 2020 - $72,426.81
Title: Re: Race from 10 to 100k!!
Post by: Optimiser on May 29, 2020, 02:53:03 PM
How are people generally playing?  I am going to leave out home value and debt and only report the total of cash and investment value.  This isn't my net worth, just what I consider our 'stache'.  I am including my emergency fund and checking account. Are others including that or are more people reporting a more complete networth value where they are subtracting debt and adding in value for less liquid assets, like a home?

May 31, 2020 - $72,426.81

I am doing full net worth (house - mortgage, cars, cash, investments, student loans, etc.), but I think people are doing all different things.
Title: Re: Race from 10 to 100k!!
Post by: Imma on May 29, 2020, 04:28:24 PM
How are people generally playing?  I am going to leave out home value and debt and only report the total of cash and investment value.  This isn't my net worth, just what I consider our 'stache'.  I am including my emergency fund and checking account. Are others including that or are more people reporting a more complete networth value where they are subtracting debt and adding in value for less liquid assets, like a home?

May 31, 2020 - $72,426.81

For me, it's a savings goal, so I'm counting my savings account (I never keep a lot of money in checking) + pre-tax individual retirement investment account + post-tax investment account.

I am not including a pretty secure pension. My company has recently changed the retirement scheme so from 2020 I am no longer paying into a defined benefit pension scheme but instead have a retirement investment account much like my own pre-tax retirement account (I am not in the US, things are different here). I am considering adding this money to my monthly savings goal but I haven't done that yet. I don't include my home value or mortgage because home value is just a wild guess. I'm in a really overheated market and bought at the right time (pure luck) so the money we have in the home would be the majority of our net worth, but if the market would collapse due to Covid-19 all that fictional wealth would be gone. I also don't include my student loan because it's a small 0% interest loan from the government with income-based repayment. At this point I have like 100 months of €45/month payments left and it's just so insignificant that I honestly can't be bothered to check the remaining balance every month.
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on May 29, 2020, 04:34:30 PM
How are people generally playing?  I am going to leave out home value and debt and only report the total of cash and investment value.  This isn't my net worth, just what I consider our 'stache'.  I am including my emergency fund and checking account. Are others including that or are more people reporting a more complete networth value where they are subtracting debt and adding in value for less liquid assets, like a home?

May 31, 2020 - $72,426.81

Hey @Sanitary Engineer,
We don't have home asset/mortgage to factor in.  Also, as I am aiming to get to $100k as quickly as possible, I am including everything,
including liquid cash that fluctuates with spending. I agree with what @Optimizer, we may be all handling the game our own way.  This is how I'm doing it. Cheers
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on May 29, 2020, 07:51:06 PM
I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big. My checking account is also not included as it has money I will likely spend this month. Goal for 2020 is to make it to $75K.

Net worth:
2017:
Dec2017:$7800
2018
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658
Nov2018: $23,948 (+$290)
Dec2018: $23,960 (+12)
2019
Jan2019: $27,100 (+3140)
Feb2019: $29,443 (+2343)
Mar2019: $31,603 (+2160)
Apr2019: $33,959 (+2356)
May2019: $33,933 (-$26)
Jun2019: $37,928 (+3995)
Jul2019: $39,736 (+1808)
Aug2019: $39,918 (+182)
Sep2019: $34,179 (-5739)
Oct2019: $38,091 (+3912)
Nov2019: $39,867 (+1776)
Dec2019: $43836 (+$3968)
2020
Jan2020:$ 45,839 (+$2003)
Feb2020: $43,345 (-$2494)
Mar2020:$39,081 (-$4264)
Apr2020:$47,551 (+$9470)
May2020:$51,613.42  (+$4,061.93) Yeah finally made it to the big 50K! I am particularly happy as I was in the 30k's just two months ago. We will see how many more times I cross this line.  Lets keep moving forward!
Title: Re: Race from 10 to 100k!!
Post by: nmitb on May 30, 2020, 01:16:34 AM

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

Lost some income over the last couple of months, hopefully its temporary.

Thanks for the encouragement @DieHard_772 and @Serendip I hope the job situation gets resolved, atleast your stash havent suffered
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on May 31, 2020, 01:58:33 AM

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

01/06/2020: 17.847,51 € (+   943,77 €)

Only about half of the growth are savings, as this was a very high spending month compared to usual. Got a new (to me) road bike, barefoot shoes that are office compatible and therefore expensive to hopefully get rid of constant shin splints and a speeding ticket. Next month should be back to usual spending levels and a higher savings rate. Currently in the process of selling my motorbike to boost savings, as I don't use it as often any more, but interest is very limited (probably due to decreased spending due to the coronavirus).
Title: Re: Race from 10 to 100k!!
Post by: Evasion on May 31, 2020, 03:12:09 AM
20 Dec 18 - 37,800
Mid March 2019 - 45,815
20 June 2019 - 50,890
Mid September 2019 - 57,608
15 December 2019 - 65,794
15 February 2020 - 76,452
1 April 2020 - 71,465
15 April 2020 - 77,936
15 May 2020 - 80,396
1 June 2020 - 86,248

WOW! I was expecting a jump but not that big. Combination of getting paid monthly 401k equivalent, market rebound and chucking a bundle into stocks with my partner. Not 100% happy with spending yet, but at +6k in 15 days I really can't complain. Target is still >90k at EOFY.

Ps: since someone asked, I do total net worth. I rent and have no debt, so I just add up all my assets from most to least liquid. I exclude my spouse as we keep finances separated.
Title: Re: Race from 10 to 100k!!
Post by: Tass on May 31, 2020, 09:47:22 PM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k
Dec 18$22.4k
Jan 19$24.7k
Feb 19$27.2k
Mar 19$29.3k
Apr 19$31.3k
May 19$31.5k
Jun 19$33.3k
Jul 19$35.1k
Aug 19$36.7k
Sep 19$38.6k
Oct 19$40.2k
Nov 19$42.6k
Dec 19$44.6k
Jan 20$49.0k
Feb 20$46.5k
Mar 20$42.7k
Mar 20$47.5k

May 20: $50.6k

We got here sooner than I expected. 58 months ago I started earning a real paycheck; 35 months ago I found MMM and started tracking (see above). I bet the second half of this race goes faster than that!

ETA: This is my full net worth. I have no debt; $43k is in investments and $7k is in cash, between the emergency fund and just the money that gets spent every month.
Title: Re: Race from 10 to 100k!!
Post by: Gingersnaps on June 01, 2020, 05:58:16 AM
Hi everyone, I just graduated for the 10k thread. There I was just counting my invested cash as I was getting started. For this one I might include pension value and company shares as they'd be part of my stache. I'll leave my home and cash etc for my annual net worth tracking I think, want to keep it simple for monthly updating. Will probably mean I start over 50k but that's ok :)
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on June 01, 2020, 07:31:17 AM

2018
1/31 : (5949.05)
2/28 : (5288.30)
3/31 : (4273.93)
4/30 : (2592.07)
5/31 : (629.70)
6/30 : 1,206.77
7/31 : 2,703.97
8/31: 5,651.70
9/31: 8,039.01
10/31: 7,803.49
11/30: 9,531.28
12/31: 9,296.79

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

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


5/31/2020: $55,177

Another good month. my net worth finally seems like it is starting to grow at a decent pace and the best part is know that it will get even better through time!

@Sanitary Engineer I count all my saving/checking, house, investments, mortgage, and student loans toward my net worth. I do not include things like cars(completely paid off, but would include the debt on them if I had any) or other personal items. Just my way of figuring net worth.

@Gingersnaps and @TyGuy Welcome to this thread!
Title: Re: Race from 10 to 100k!!
Post by: Dave15 on June 01, 2020, 07:51:22 AM
25-6-2018            € 29.879,12 ------> Started Tracking
25-12-2018          € 41.939,62 
26-12-2019          € 64.000,00
03-02-2020          € 72.170,00
28-02-2020          € 74.154,00
25-03-2020          € 71.579,00
09-05-2020          € 76.221,00
01-06-2020          € 78.816,00

Thanks for the encouragement @DieHard_772 @TyGuy !

Had to replace the joint car for another one due to problems in it's electronics, almost lasted five years. The replacement was €3500, so my half of that almost wiped out my vacation pay. Currently checking if our holiday plans are still viable: after thinking for months it would by a certain no-go, the region seems to be opening up next week. Possibly some time off in july then, almost surreal.
Title: Re: Race from 10 to 100k!!
Post by: mckaylabaloney on June 01, 2020, 07:56:02 AM
Hi everyone! Thrilled to be joining you today from the 10k thread.

I graduated from law school 6 years ago with around $225,000 in debt and no assets to speak of other than a few thousand bucks in a Roth IRA. For various reasons, I made very little progress during my first three years out of law school -- then, in 2017, I started working at a firm and tracking my numbers, starting at approximately $198k in the hole. Since then, I have paid off a decent chunk of the debt, but I've prioritized saving in my tax-advantaged retirement accounts first. I also bought a house. Today, I still have $130k of student loans, but I also have $107k in retirement accounts, plus home equity and an emergency fund. In total, my net worth is:

$19,606.73
Title: Re: Race from 10 to 100k!!
Post by: Optimiser on June 01, 2020, 08:59:39 AM

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

May 2020 $59,400
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on June 01, 2020, 10:05:17 AM
May 2019 - $26,575 
June 2019 - $27,758
July 2019 - $29,419
August 2019 - $29,884
September 2019 - $30,602
October 2019 - $31,770
November 2019 - $33,081
December 2019 - $34,820
January 2020 - $36,392
February 2020 - $35,701
March 2020 - $32,466
April 2020 - $36,157

May 2020 - $38,540

And somehow I am back up and past my highest point, even despite the world.  Can't wait to hit the 40s!!
Title: Re: Race from 10 to 100k!!
Post by: Imma on June 01, 2020, 10:59:16 AM
Yay @mckaylabaloney it's so great to see more 10k graduates here! Like @LittleWanderer I believe - I'm not at my highest net worth ever, but after today's gains my investments are at it's highest ever.

I haven't seen @Manchester and @Hirondelle for a while I think, how are you guys doing?
Title: Re: Race from 10 to 100k!!
Post by: Trifle on June 01, 2020, 11:29:27 AM
Congrats @JCGreen and @Tass for crossing the $50k mark!  More than halfway there! 

And welcome to all the recent graduates from the Race to $10k thread.  Great job everyone! 
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on June 01, 2020, 01:49:57 PM
For some reason this got lost over the course of this year. I have updated it and I hope this helps people who really liked this(me being one haha).

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

Title: Re: Race from 10 to 100k!!
Post by: Optimiser on June 01, 2020, 03:50:01 PM
For some reason this got lost over the course of this year. I have updated it and I hope this helps people who really liked this(me being one haha).

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

Oh, I didn't even know about this! I went back and filled in my numbers from when I was in the Race to Positive Net Worth, and Saving to $10K threads.

edit: Maybe I shouldn't have done that. Does that throw off my stats for the Graduates tab?
Title: Re: Race from 10 to 100k!!
Post by: scapegote on June 01, 2020, 08:30:26 PM
Thought I'd jump in and join this thread. I've read it pretty consistently for motivation. Work just announced some belt-tightening that's got me a bit down, but I know it'll be a marathon for me either way.

May 31, 2020: $13,889.71

Title: Re: Race from 10 to 100k!!
Post by: Tass on June 01, 2020, 09:00:30 PM
For some reason this got lost over the course of this year. I have updated it and I hope this helps people who really liked this(me being one haha).

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

I also really liked it! So fun to see everyone's numbers going up together. Thanks!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on June 02, 2020, 03:42:12 AM
Thought I'd jump in and join this thread. I've read it pretty consistently for motivation. Work just announced some belt-tightening that's got me a bit down, but I know it'll be a marathon for me either way.

May 31, 2020: $13,889.71

Welcome @scapegote!  Even if it takes you a long time to 100k (as it did for me) you'll get there!  And you're in great company.
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on June 02, 2020, 06:04:53 AM
                  401K   NW
1-1-2018     6455   24k
12-1-2018   9518   37k
4-1-2019    10960  49k
11-6-2019   13466  53k -start of race
12-29-19     14460   56k
2-02-20       14991  57k
3-01-20       14632   58k
4-01-20       13884   58k
5-01-20       17011   63k

6-01-20        19255    66.5k
Not going to complain...
Title: Re: Race from 10 to 100k!!
Post by: haypug16 on June 02, 2020, 09:04:30 AM
I haven't updated since February!

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

Some ups and downs there but I'm happy to say I'm continuing to pay down debt and invest as I have been. Nice to make it over $40k too :)
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on June 02, 2020, 09:57:24 AM
For some reason this got lost over the course of this year. I have updated it and I hope this helps people who really liked this(me being one haha).

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

Oh, I didn't even know about this! I went back and filled in my numbers from when I was in the Race to Positive Net Worth, and Saving to $10K threads.

edit: Maybe I shouldn't have done that. Does that throw off my stats for the Graduates tab?

The Graduates tab is manual entry(except the last two columns) when you have completed it. So you can put what ever you would like as your start dates/network for this thread
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on June 02, 2020, 12:29:07 PM
May 2019 - $26,575 
June 2019 - $27,758
July 2019 - $29,419
August 2019 - $29,884
September 2019 - $30,602
October 2019 - $31,770
November 2019 - $33,081
December 2019 - $34,820
January 2020 - $36,392
February 2020 - $35,701
March 2020 - $32,466
April 2020 - $36,157

May 2020 - $38,540

And somehow I am back up and past my highest point, even despite the world.  Can't wait to hit the 40s!!

@LittleWanderer Yeah!  Love it. Way to go
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on June 02, 2020, 12:30:33 PM
I haven't updated since February!

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

Some ups and downs there but I'm happy to say I'm continuing to pay down debt and invest as I have been. Nice to make it over $40k too :)

@haypug16 Hello again!  Nice to see you, and great job in making progress!

"Slow and steady wins the race," that's my motto.  Onward we go... Congrats
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on June 03, 2020, 06:27:33 AM
Tracking net worth.

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

Assets = £73,753
Student loans = (£3,199)

Making 50% salary for the next few months so won't be progressing much this year unless the market moves up. 
Title: Re: Race from 10 to 100k!!
Post by: Treedream on June 03, 2020, 10:54:11 AM
01/06/2018: -€60
01/01/2019: €2875.28
01/07 2019: €9288.2
01/08/2019: €10.485.05
01/09/2019: 11554.85
28/09/2019:  €12.182,10
24/10/2019: €13.082.24
26/11/2019: €14,311.49
01/02/2020: €15.260
29/04/2020: €18.544

Goal 01/01/2021: €27.500 Excluding sinking funds for holidays and health insurance, including student loan at 0.01% interest.

31/05/2020: €21.280,05

Good increase due to holiday payment this month. Will see how things go from here, as I have quit my job.
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on June 03, 2020, 11:45:54 AM
Hi everyone, I just graduated for the 10k thread. There I was just counting my invested cash as I was getting started. For this one I might include pension value and company shares as they'd be part of my stache. I'll leave my home and cash etc for my annual net worth tracking I think, want to keep it simple for monthly updating. Will probably mean I start over 50k but that's ok :)

Welcome aboard, @Gingersnaps !
Title: Re: Race from 10 to 100k!!
Post by: eav on June 05, 2020, 07:00:18 AM
January 2020: 69,751
February 2020: 76,776
March 2020: $81,737
April 2020: Scary
May 2020: 81,624
June 2020: 88,147

It doesn't feel real how quickly things have rebounded, but I'll take it! Part of this month's increase is from an ESPP purchase.
Title: Re: Race from 10 to 100k!!
Post by: lexde on June 05, 2020, 08:19:30 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46
3/1/2019: $44,391.15
3/15/2019: $45,689.39
3/31/2019: $48,303.11
05/25/2019: $53,145.15
06/07/2019: $54,674.68
06/21/2019: $57,532.15
07/03/2019: $58,718.06
07/19/2019: $60,172.27
08/02/2019: $60,058.32
08/16/2019: $62,923.68
01/06/2020: $69,508.25
01/17/2020: $73,128.38
01/31/2020: $77,313.16
02/16/2020: $80,269.73
02/28/2020: $77,245.88
03/13/2020: $70,222.54 (-$7,023.34)
04/03/2020: $72,480.14 (+$2,257.6)
04/10/2020: $80,296.56 (+$7,816.42)
05/14/2020: $86,077.33 (+$5,870.77)
05/22/2020: $89,931.92 (+$3,854.59)

06/05/2020: $95,094.67 (+$5,162.75)

Market rally, I guess. I’m happy to clear 90k in June, looks like I may hit $100k by mid-July. July is also a 3-paycheck month for me, which is great.

I haven’t been spending money on nearly anything this year, besides some eating out and vet stuff. Makes for a very boring life story, but good for retirement saving.
Title: Re: Race from 10 to 100k!!
Post by: Icecreamarsenal on June 05, 2020, 08:47:17 AM
I've graduated from NW 1MM but most of my nw is tied up in real estate, and who really knows what that stuff is worth in this era.
I'm going to use this thread to hold my post-tax account accountable.

5/3/20: 64k

6/4/20: 595k
It's been a wild and scary ride with options in $C, $TSLA, $FLIR, and $DKNG, to name a few.  Gonna go back to conservative MMM mode.
Title: Re: Race from 10 to 100k!!
Post by: arob54600 on June 05, 2020, 10:16:12 AM
I haven't been on here in a while! I guess I became a mom and all the tracking fell by the wayside.
Originally, I was tracking by myself, but since I don't plan on retiring alone, I am going to start tracking my husband's money too.

November 17- 41195
December 17- 42526
January 18- 47966
February 18-47104
May 18 - 48521
June 2020-100,970

We made it! Thank you to this wonderful community throwing big goals out there for regular people.
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on June 05, 2020, 12:59:43 PM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46
3/1/2019: $44,391.15
3/15/2019: $45,689.39
3/31/2019: $48,303.11
05/25/2019: $53,145.15
06/07/2019: $54,674.68
06/21/2019: $57,532.15
07/03/2019: $58,718.06
07/19/2019: $60,172.27
08/02/2019: $60,058.32
08/16/2019: $62,923.68
01/06/2020: $69,508.25
01/17/2020: $73,128.38
01/31/2020: $77,313.16
02/16/2020: $80,269.73
02/28/2020: $77,245.88
03/13/2020: $70,222.54 (-$7,023.34)
04/03/2020: $72,480.14 (+$2,257.6)
04/10/2020: $80,296.56 (+$7,816.42)
05/14/2020: $86,077.33 (+$5,870.77)
05/22/2020: $89,931.92 (+$3,854.59)

06/05/2020: $95,094.67 (+$5,162.75)

Market rally, I guess. I’m happy to clear 90k in June, looks like I may hit $100k by mid-July. July is also a 3-paycheck month for me, which is great.

I haven’t been spending money on nearly anything this year, besides some eating out and vet stuff. Makes for a very boring life story, but good for retirement saving.

@lexde Nice job on passing $95k! I feel you on the "boring life story" thing, though to me financial well-being is hardly boring!  However... maybe you can find something fun to do.  We need to enjoy ourselves too ;)

Yee haw, good job
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on June 05, 2020, 01:00:56 PM
I haven't been on here in a while! I guess I became a mom and all the tracking fell by the wayside.
Originally, I was tracking by myself, but since I don't plan on retiring alone, I am going to start tracking my husband's money too.

November 17- 41195
December 17- 42526
January 18- 47966
February 18-47104
May 18 - 48521
June 2020-100,970

We made it! Thank you to this wonderful community throwing big goals out there for regular people.

@arob54600 Nice job!  Congrats
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on June 05, 2020, 01:01:42 PM
January 2020: 69,751
February 2020: 76,776
March 2020: $81,737
April 2020: Scary
May 2020: 81,624
June 2020: 88,147

It doesn't feel real how quickly things have rebounded, but I'll take it! Part of this month's increase is from an ESPP purchase.

@eav Nice!  You're so close
Title: Re: Race from 10 to 100k!!
Post by: lexde on June 05, 2020, 01:09:23 PM
@lexde Nice job on passing $95k! I feel you on the "boring life story" thing, though to me financial well-being is hardly boring!  However... maybe you can find something fun to do.  We need to enjoy ourselves too ;)

Yee haw, good job
Absolutely, and I’m thankful for it! I do need to find some free or cheap activities soon, though!

Between my dog being very sick and not being able to leave her unattended, and the pandemic, we just haven’t gotten out much. She’s healing though, so we should return to some sort of normal soon. :-)
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on June 06, 2020, 04:34:58 PM
Hey all,

I just felt like saying this:  I know we are all committed to our growing NW passing SIX FIGURES.  Believe me, I'm as excited about this as you are.  Yet, though I am really enjoying the ride up (and the recent stock market growth), I'm also not attaching to it... because after all, it could change significantly next week, as we all know.

Instead of being attached, I figure, I just want to REACH each milestone, which helps gradually shift my new normal.  You know, so now that we have reached $70k, I am adjusting to that as the new normal.  Not too long ago, $30k was the normal.  If/when another crash happens, we'll ride it out, knowing that eventually our NW will grow back to what it was and soon expand beyond it.

This is allowing me to enjoy the ride, delighting in each new plateau, but not needing to control the stock market to be happy!  :)

I figure, just because I don't know what will happen next, or whether my portfolio will keep going up or whether the market will take it down in the short run, I still feel that it is valid (and important!) to celebrate the wins along the way.

I mean, you don't have to stay at the top of the mountain to have enjoyed the view.  Each time you reach a new plateau, you can forever say you got there, and if something happens to take off that plateau, you can look forward to getting there again (and then blowing right passed it).   No matter what happens next in the market, we are all getting used to having more and more in our stash.  And in the long run, more and more abundance becomes the new normal, so we are likely to maintain and grow that.

In the long run, it's good news all around :)

Keep up the good work!
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on June 07, 2020, 09:32:08 AM
@Gingersnaps @mckaylabaloney @scapegote Welcome to the thread, and anyone else who I may have missed that recently arrived. New faces bring new energy to an already great group of folks! Keep up the savings!!
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on June 07, 2020, 09:49:06 AM
Student Loan Debt:

01/12/19: $43,762
05/04/20: $21,456
06/05/20: $21,456


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739
06/05/20: $18,006 ($7,267)

Big increase in net worth this month, even after paying some of the early closing cost on a new home this month. I expect a drop in net worth this next month as I will be closing on a house and the money will be going towards the down payment. This money will not be lost as it will become equity, but I will not be tracking it in my overall net worth. Excited to finally have my own home and it will serve as further motivation to keep my savings rates high!
Title: Re: Race from 10 to 100k!!
Post by: okisok on June 08, 2020, 07:11:10 PM
@lexde, thanks for the reminder about July being a three paycheck month!

Net worth currently at $96,135.33

I haven't tracked with the diligence of other posters, but I was at about $0.00 3 years ago when I found MMM and Frugalwoods. My income has ranged from $45k to $73k in that time period (commissioned sales and some job changes).
My goal is to spend as little as possible in the next 6 weeks so that I can pass $100k and graduate to the next thread. I do have some planned spending that will take it right back down in August, but I'd still like to see that number for a while
Title: Re: Race from 10 to 100k!!
Post by: Trifle on June 09, 2020, 05:22:03 AM
Net worth currently at $96,135.33

@okcisok you're so close!!!!   

I think of you every time I look at my FIRE coloring page (borrowed your idea in 2018 to color in a bit each day until the big day).  Are you doing anything similar as you work toward getting over this hurdle?   
Title: Re: Race from 10 to 100k!!
Post by: kaposzta on June 09, 2020, 07:52:29 AM
July 12, 2019: $66,565
Aug 1, 2019: $68,207 (+2.47%, +$1,642)
Aug 29, 2019: $69,931 (+2.53%, +$1,724)
Sept 29, 2019: $71,138 (+1.73%, +$1,207)
Oct 31, 2019: $71,517 (+0.53%, +$379)
Nov 29, 2019: $73,138 (+2.27%, +$1,621)
Jan 01, 2020: $74,276 (+1.56%, +$1,138)
Feb 06, 2020: $73,621 (-0.88%, -$655)
March 05, 2020: $74,517 (+1.22%, +$896)
No data for April, I lost my interest seeing the losses :)
May 05, 2020: $68,620 (-8.59%, -$5,897)
June 04, 2020: $70,345 (+2.51%, +$1,725)

The panic after the virus decimated my net worth (literally, I saw an almost 10% drop). The reason for huge loss is that I had around 1/3 of my portfolio in a risky ETF that mainly invested in oil (yeah, I know) and suffered a 30% drop. To rub more salt into the wound, I kept buying this ETF when I thought the time had come (at -10%). Fortunately, later I could buy more when the price reached the bottom, so at least some of my investments is in the black.

On the plus side (if there's any plus side of this virus) I spent much less in the last 3 months than in previous year (by 10%, 25%, 25%, respectively), reaching a 70% SHR (75% with bonus received in April). Basically, I spent money only on meal orders, groceries, ice cream, pastries and coffee :)

I sold 2 domains for $400 and $1500 in March and April, latter was a lease so I got a steady $100 revenue for 1.5 years. No other sale since the beginning of April, I guess this is the effect of the recession.


Title: Re: Race from 10 to 100k!!
Post by: Rosy on June 09, 2020, 08:45:40 AM
GOAL: $100K by Dec 31, 2021

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

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

Going forward
I will show the current breakdown - for more clarity in each EOM accounting snapshot.

$70K Total Savings:
$60K  - CD - goal is to reach $75K by EOY 2020 - still need $15K
$  3K  - CD - goal reached:)
***********************************
$  7K  - EF - liquid cash - goal is to always have a min of $4K+ - will fluctuate - goal reached:)

Notes:
June figures incl $110 extra from credit card rewards points and $100 extra savings this month.


***Projected for July $72,8K***

Title: Re: Race from 10 to 100k!!
Post by: jps on June 09, 2020, 09:41:20 AM
Thought I would introduce myself to the challenge, thanks to a tip from @JCGreen .

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

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

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

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

Just wanted to say keep at it everyone!
Title: Re: Race from 10 to 100k!!
Post by: Rosy on June 09, 2020, 10:28:58 AM
For some reason this got lost over the course of this year. I have updated it and I hope this helps people who really liked this(me being one haha).

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

Thanks @bcbaseballman - since I'm not good with spreadsheets I really appreciate this.
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on June 09, 2020, 01:45:36 PM
For some reason this got lost over the course of this year. I have updated it and I hope this helps people who really liked this(me being one haha).

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

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

You are Welcome @Rosy feel free to go in and fill out the rest of this year if you want to know your percentages from year to date. just fill out on the right side of the sheet. don't change anything on the left side!
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on June 11, 2020, 09:16:24 PM
..A silver lining to  today's market drop...
We "lost" (on paper, that is) somewhere in the neighborhood of $2000 today.

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

Onward... no matter what!
Title: Re: Race from 10 to 100k!!
Post by: FIRE_guy on June 14, 2020, 10:35:52 AM
So close!


1/1/2019   $58,510.45
2/1/2019   $57,956.00
3/1/2019   $64,999.54
4/1/2019   $67,995.31
5/1/2019   $67,087.75
6/1/2019   $68,470.09
7/1/2019   $75,814.13
8/1/2019   $79,447.74
9/1/2019   $79,958.65
10/1/2019   $82,594.49
11/1/2019   $86,949.23
12/1/2019   $88,888.31
1/1/2020   $92,576.18
2/1/2020   $93,078.86
3/1/2020   $94,480.94
4/1/2020   $86,361.09
5/1/2020   $87,837.39
6/1/2020   $97,928.35
Title: Re: Race from 10 to 100k!!
Post by: jdhansen on June 14, 2020, 12:59:10 PM
 New Graduate from the Race to 10K thread here.  Want to thank @Trifele @Bettersafe @TyGuy @DieHard_772 and @SwordGuy for the good wishes and congratulations at my graduation.  There is no way we would have accomplished our goals without the support of that thread.

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

6/14/2020  $50,099

I look forward to joining everyone on the next leg of the race and supporting everyone as we make this journey together.
Title: Re: Race from 10 to 100k!!
Post by: Evasion on June 14, 2020, 10:56:19 PM
20 Dec 18 - 37,800
Mid March 2019 - 45,815
20 June 2019 - 50,890
Mid September 2019 - 57,608
15 December 2019 - 65,794
15 February 2020 - 76,452
1 April 2020 - 71,465
15 April 2020 - 77,936
15 May 2020 - 80,396
1 June 2020 - 86,248
15 June 2020 - 85,996

Obviously I never enjoy going backwards, but not too unhappy with this one. Invested a little extra in the dip, splurged a fair bit, which means flat net worth. That's okay considering the previous big jump.
90k before EOFY will be complicated but I should come very close at least.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on June 15, 2020, 04:58:30 AM
Yay @mckaylabaloney it's so great to see more 10k graduates here! Like @LittleWanderer I believe - I'm not at my highest net worth ever, but after today's gains my investments are at it's highest ever.

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

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

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

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

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

How are you?  Are The Netherlands still badly affected by the pandemic or are things returning to normal there?  My family in Greece are quite comfortable now, bars and cafes have re-opened and they're allowed back to the Islands from Athens, so they can sit by the beach all day - not that I'm jealous or anything.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on June 15, 2020, 05:10:35 AM
New Graduate from the Race to 10K thread here. 

Welcome @jdhansen!  Loads of recent 10k grads here.  Onward!
Title: Re: Race from 10 to 100k!!
Post by: Imma on June 15, 2020, 06:58:22 AM
@Manchester we're in a pretty similar position. We still have jobs and aren't furloughed but there's little to do. I'm in my 15th week of work from home and I've been logged into work since 8am and I've done about 45 minutes of actual work so far. Unfortunately I've heard there's a 50/50 chance my job contract will not be renewed in October. But I've had tons of time for crafting, reading, DIY, gardening. Our house and garden have never looked better and my health has improved from less stress. I've lost nearly 10 kgs too - I wasn't obese before but I could do with losing a bit of weight. Instead of being away from home 12 hours a day and eating food on the go (homemade food, not convenience food, but a limited selection of easy-to-transport food) I now eat 3 sit-down meals a day. I actually bought a proper set of china and got rid of the chipped and damaged remains of the Ikea set I bought when I went to uni. I feel a bit like Hyancinth Bucket now :) Didn't go over the top though, just plates and bowls. I grow veggies in the garden and eat fresh salads every day. Minus a pandemic going on I could live like this forever.

We've flattened the curve since March, there are now only a handful of new cases every day. Schools, bars and restaurants are open again. It looks like Covid-19 was going around under the radar in my part of the country for about a month before the official first case. No idea how that happened but it explains the huge amount of cases in my hometown early in March. But as soon as the government finally started acting, the infection rate slowed down very much. Daily life feels very normal here now. Is that also the case in Manchester? I've got friends in London who still talk about empty shelves in stores and long lines. That doesn't happen here anymore.
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on June 15, 2020, 09:52:40 AM
Hi all,
Newbie here, although lurking for a few months.
Discovered MMM a few years ago. Starting to look at our financials, but could not really get my SO on board for the extreme savings (fortunately he is not real big spender either). However, my now defined goal is to be able to retire together with him, so for this, I need at least EUR 150K. The first step is to get to that famous EUR 100K. I just started saving in my own account and have some investments in ETF's. In 2 years time, I went from 0 to EUR 18K at the moment, but I would like to gain a little momentum and have you guys supporting me to get to the 6 figure number.
English is not my first language, so any spelling mistakes can be blamed on that.

Title: Re: Race from 10 to 100k!!
Post by: Imma on June 15, 2020, 12:25:36 PM
Hi all,
Newbie here, although lurking for a few months.
Discovered MMM a few years ago. Starting to look at our financials, but could not really get my SO on board for the extreme savings (fortunately he is not real big spender either). However, my now defined goal is to be able to retire together with him, so for this, I need at least EUR 150K. The first step is to get to that famous EUR 100K. I just started saving in my own account and have some investments in ETF's. In 2 years time, I went from 0 to EUR 18K at the moment, but I would like to gain a little momentum and have you guys supporting me to get to the 6 figure number.
English is not my first language, so any spelling mistakes can be blamed on that.

Welcome! Where are you from, do you happen to be Dutch? If yes, there are a few of us in this thread :)
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on June 15, 2020, 01:47:30 PM
Hi all,
Newbie here, although lurking for a few months.
Discovered MMM a few years ago. Starting to look at our financials, but could not really get my SO on board for the extreme savings (fortunately he is not real big spender either). However, my now defined goal is to be able to retire together with him, so for this, I need at least EUR 150K. The first step is to get to that famous EUR 100K. I just started saving in my own account and have some investments in ETF's. In 2 years time, I went from 0 to EUR 18K at the moment, but I would like to gain a little momentum and have you guys supporting me to get to the 6 figure number.
English is not my first language, so any spelling mistakes can be blamed on that.

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

Definitely Dutch 😏
Title: Re: Race from 10 to 100k!!
Post by: Imma on June 15, 2020, 02:22:44 PM
Hi all,
Newbie here, although lurking for a few months.
Discovered MMM a few years ago. Starting to look at our financials, but could not really get my SO on board for the extreme savings (fortunately he is not real big spender either). However, my now defined goal is to be able to retire together with him, so for this, I need at least EUR 150K. The first step is to get to that famous EUR 100K. I just started saving in my own account and have some investments in ETF's. In 2 years time, I went from 0 to EUR 18K at the moment, but I would like to gain a little momentum and have you guys supporting me to get to the 6 figure number.
English is not my first language, so any spelling mistakes can be blamed on that.

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

Definitely Dutch 😏

Yay! There are about 5 of us in this thread and there's a special Dutch language thread too in case you have any specific questions. We're a small country but it seems mustaches are popular here.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on June 16, 2020, 06:26:00 AM
@Manchester we're in a pretty similar position. We still have jobs and aren't furloughed but there's little to do. I'm in my 15th week of work from home and I've been logged into work since 8am and I've done about 45 minutes of actual work so far. Unfortunately I've heard there's a 50/50 chance my job contract will not be renewed in October. But I've had tons of time for crafting, reading, DIY, gardening. Our house and garden have never looked better and my health has improved from less stress. I've lost nearly 10 kgs too - I wasn't obese before but I could do with losing a bit of weight. Instead of being away from home 12 hours a day and eating food on the go (homemade food, not convenience food, but a limited selection of easy-to-transport food) I now eat 3 sit-down meals a day. I actually bought a proper set of china and got rid of the chipped and damaged remains of the Ikea set I bought when I went to uni. I feel a bit like Hyancinth Bucket now :) Didn't go over the top though, just plates and bowls. I grow veggies in the garden and eat fresh salads every day. Minus a pandemic going on I could live like this forever.

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

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

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

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

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

We still don't have bars, pubs, restaurants, cafes etc yet.  Even though it's behind closed doors our football is back tomorrow and I'll be watching City in my dad's back garden (assuming we don't have another storm like last night) :')
Title: Re: Race from 10 to 100k!!
Post by: Serendip on June 18, 2020, 08:14:40 AM
For some reason this got lost over the course of this year. I have updated it and I hope this helps people who really liked this(me being one haha).

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

Thanks for the reminder--I loved this spreadsheet (although 2020 has NOT been a prime saving year for me)
 
Title: Re: Race from 10 to 100k!!
Post by: Serendip on June 18, 2020, 08:38:38 AM
Dec '17    18,146
Jan '18     23,607

Dec '18    48,380
Dec '19    60,746

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

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

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

Should be a quiet summer. Will try to keep the cost of living low as the garden and CSA will be producing..
Title: Re: Race from 10 to 100k!!
Post by: Rimu05 on June 18, 2020, 05:27:58 PM
I just graduated the Race to 10K thread so joining this one. :)

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


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

Total -  10,073
Title: Re: Race from 10 to 100k!!
Post by: Trifle on June 18, 2020, 05:56:44 PM
Way to keep at it @Serendip!

Welcome @Rimu05!!
Title: Re: Race from 10 to 100k!!
Post by: lexde on June 19, 2020, 07:39:38 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46
3/1/2019: $44,391.15
3/15/2019: $45,689.39
3/31/2019: $48,303.11
05/25/2019: $53,145.15
06/07/2019: $54,674.68
06/21/2019: $57,532.15
07/03/2019: $58,718.06
07/19/2019: $60,172.27
08/02/2019: $60,058.32
08/16/2019: $62,923.68
01/06/2020: $69,508.25
01/17/2020: $73,128.38
01/31/2020: $77,313.16
02/16/2020: $80,269.73
02/28/2020: $77,245.88
03/13/2020: $70,222.54 (-$7,023.34)
04/03/2020: $72,480.14 (+$2,257.6)
04/10/2020: $80,296.56 (+$7,816.42)
05/14/2020: $86,077.33 (+$5,870.77)
05/22/2020: $89,931.92 (+$3,854.59)
06/05/2020: $95,094.67 (+$5,162.75)

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

Small gains, so I'm assuming the market dropped a little. Not super concerned about it. Inching my way to 100k, and I should be there by mid-July! Super excited!
Title: Re: Race from 10 to 100k!!
Post by: Sanitary Stache on June 19, 2020, 09:35:46 AM
May 31, 2020    - $ 72,426.81
June 19, 2020   - $ 82,681.14 (+$10,254.33)  About $7,000 back as tax refund/credits.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on June 22, 2020, 07:36:48 AM
Monthly Update:

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

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

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

Graphs and visual data attached.
Title: Re: Race from 10 to 100k!!
Post by: bonbonbaron on June 22, 2020, 02:28:20 PM
American Funds: $10,824
Robinhood: $18,200 (but fluctuating +/500 these days)
Edward Jones: $28,070
House equity: $58,000

Mortgage balance: $97,000

Total: ~$17,000

Kinda anxious to pay down the mortgage, especially since even more money can flow into investments that way. Calculations seem to indicate that throwing my stocks into the mortgage after I reach that level will net me more in the long term than paying it down at my current monthly rate of $1170 at 4.5% interest. I should probably redo those calculations under a refinancing scenario though.
Title: Re: Race from 10 to 100k!!
Post by: catorbe on June 22, 2020, 02:57:59 PM
American Funds: $10,824
Robinhood: $18,200 (but fluctuating +/500 these days)
Edward Jones: $28,070
House equity: $58,000

Mortgage balance: $97,000

Total: ~$17,000

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

If you have $58,000 in house equity and a mortgage of $97,000, then I assume your house is currently valued at $155,000. Along with your other assets of $57,094 that puts your total assets at $212,094. Less the mortgage of $97,000 is actually a net worth of $115,094. I'm sure you have a reason to list it the way you do, but i'm not sure what it is because as it's stated you're double discounting yourself with that mortgage. Care to elaborate? :)
Title: Re: Race from 10 to 100k!!
Post by: Manchester on June 23, 2020, 06:48:18 AM
American Funds: $10,824
Robinhood: $18,200 (but fluctuating +/500 these days)
Edward Jones: $28,070
House equity: $58,000

Mortgage balance: $97,000

Total: ~$17,000

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

Is 4.5% a normal rate in the USA? 

Seems astronomically high to me (in Britain).  Mine is at 1.8% which is high (and will hopefully be re-negotiated and reduced next September).
Title: Re: Race from 10 to 100k!!
Post by: Optimiser on June 23, 2020, 09:31:03 AM
American Funds: $10,824
Robinhood: $18,200 (but fluctuating +/500 these days)
Edward Jones: $28,070
House equity: $58,000

Mortgage balance: $97,000

Total: ~$17,000

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

Is 4.5% a normal rate in the USA? 

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

It's a bit higher than current rates. I refinanced at 3.0% with a 30 year fixed rate mortgage a few months ago.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on June 23, 2020, 10:08:21 AM
American Funds: $10,824
Robinhood: $18,200 (but fluctuating +/500 these days)
Edward Jones: $28,070
House equity: $58,000

Mortgage balance: $97,000

Total: ~$17,000

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

Is 4.5% a normal rate in the USA? 

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

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

30 year fixed rates seem really risky for both banks and homeowners.  In the UK we usually fix the rate for 2/3 years before refinancing (or going onto a 'variable' rate, which are usually the national interest rate + x%).  Surprised there isn't a bank in America offering something similar, but then again, what do I know. :')
Title: Re: Race from 10 to 100k!!
Post by: Sugaree on June 23, 2020, 10:22:29 AM
American Funds: $10,824
Robinhood: $18,200 (but fluctuating +/500 these days)
Edward Jones: $28,070
House equity: $58,000

Mortgage balance: $97,000

Total: ~$17,000

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

Is 4.5% a normal rate in the USA? 

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

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

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

We have that.  It's called an ARM mortgage.  It's one of the things that caused a lot of problems in 2008/2009.
Title: Re: Race from 10 to 100k!!
Post by: Optimiser on June 23, 2020, 11:04:22 AM
American Funds: $10,824
Robinhood: $18,200 (but fluctuating +/500 these days)
Edward Jones: $28,070
House equity: $58,000

Mortgage balance: $97,000

Total: ~$17,000

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

Is 4.5% a normal rate in the USA? 

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

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

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

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

I've always heard people say to avoid variable rate mortgages because they are risky. With a fixed rate you know exactly what you will need to pay every month for the rest of the loan. If interest rates were really high right now, I might consider a variable rate. Right now though, with rates as low as they are, I was more than happy to to lock in 3% for the next 30 years.
Title: Re: Race from 10 to 100k!!
Post by: Imma on June 23, 2020, 01:02:07 PM
American Funds: $10,824
Robinhood: $18,200 (but fluctuating +/500 these days)
Edward Jones: $28,070
House equity: $58,000

Mortgage balance: $97,000

Total: ~$17,000

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

Is 4.5% a normal rate in the USA? 

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

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

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

In the Netherlands fixed rates are very common, due to mortgage lending rules. If you have a variable rate, the mortgage lender needs to calculate affordability based on a fictional interest % , way higher than the current rates. If you get a 10+ years fixed rate the lender can calculate the affordability based on the real payment (and the customer gets the highest possible loan). We are 5 years into a 10-year fixed rate of 2,25% which seemed extremely low at that time. When the interest rates started to get really low, banks stopped offering 20 and 30-year terms. I think from a financial point of view, variable is the cheapest loan you can get (Euribor + a set percentage) so I think we'll switch to that after this fixed term is over, unless we could fix long-term at something lower than 3%-ish.
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on June 28, 2020, 08:28:10 AM
Tracking net worth.

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

Assets = £75,016
Student loans = (£3,082)
Title: Re: Race from 10 to 100k!!
Post by: BobTheBuilder on June 28, 2020, 11:47:37 AM
Jan 22,634
Feb 24,893
Mar 23,454
April 28,515
May 34,893
June 37,667... can't belive it just keeps climbing with that pace. 375€ of that was re-imbursement for cancelled flights due to the pandemic. Still waiting for ~150€ for the return flight.

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

15k+ in 6 months during a pandemic. I am blessed and feel the need to return that blessing soon.
Title: Re: Race from 10 to 100k!!
Post by: Evasion on June 30, 2020, 06:48:48 AM
20 Dec 18 - 37,800
Mid March 2019 - 45,815
20 June 2019 - 50,890
Mid September 2019 - 57,608
15 December 2019 - 65,794
1 April 2020 - 71,465
15 May 2020 - 80,396
15 June 2020 - 85,996
1 July 2020 - 89,300

Onwards.. Pretty happy I'm almost at 90k for the end of financial year. Graduation planned for September. Made myself a plan for 200k before mid 2022, so far I'm on track. Will be interesting to see the July dividends soon. 
Title: Re: Race from 10 to 100k!!
Post by: scapegote on June 30, 2020, 08:23:35 AM
May 31, 2020: $13,889.71
May 31, 2020: $14,889.84
June 30, 2020: $16,337.43 (+1447.59)

Forgot my $1k emergency fund account in May. Movement is a bit of debt pay-down and a smaller than normal year-end bonus. 401k/Pension were pretty flat this month.
Title: Re: Race from 10 to 100k!!
Post by: haypug16 on June 30, 2020, 09:21:52 AM
June 2020 Update
3/31/2017 (52,848.85) - Found MMM
3/31/2018 $(14,916.69) - 1 year in
3/31/2019 $9,917.20 - 2 years in
4/30/2019 $19,835.78
5/31/2019 $21,498.65
6/30/2019 $17,825.45
7/31/2019 $19,232.60
8/31/2019 $18,295.57
9/30/2019 $20,402.75
10/31/2019 $24,417.80
11/30/2019 $29,601.50
12/31/2019 $36,186.69
1/31/2020 $37,375.31
2/29/2020 $33,536.65
3/31/2020 $22,896.16 - 3 years in
4/30/2020 $32,841.74
5/31/2020 $41,382.08
6/30/2020 $49,125.78 +$7,743.70 increase!

Oh so close to the halfway mark. Fingers crossed I'll hit the $50ks by next month.
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on June 30, 2020, 11:04:55 AM

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

01/07/2020: 19.991,35 € (+2.143,84 €)

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

Also my job just became a lot more secure/demanding suddenly. This also provides lots of upside potential as well though. A coworker quit yesterday to move to another larger company and I'm supposed to take over most of his responsibilities. I'm still early in my career and not really qualified for these tasks yet to be honest, so the learning curve in the next months should be pretty steep which I view as a plus. Also we're a small firm and him leaving frees up a lot of budget which I will use to try and negotiate a raise along with the additional responsibilities.
Title: Re: Race from 10 to 100k!!
Post by: Imma on June 30, 2020, 12:08:45 PM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October: €11128.59
November: €11227,46
December: €11991,27
January: €12576,72
February: €11904,39
March: €10425,32
April: €11830,70
May: €12154,67
June: €14634,19

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

Incredibly, despite everything, I just about reached my mid-year goal of 15k! So I'm on track for 20k by the end of the year. And that was an aspirational goal that I never expected to reach. Who knows what the second half of this year will bring but so far it's (financially) going well.
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on June 30, 2020, 12:56:15 PM
June 2019 - $27,758
July 2019 - $29,419
August 2019 - $29,884
September 2019 - $30,602
October 2019 - $31,770
November 2019 - $33,081
December 2019 - $34,820
January 2020 - $36,392
February 2020 - $35,701
March 2020 - $32,466
April 2020 - $36,157
May 2020 - $38,540

June 2020 - $39,514

Ugh, so close yet so far from the 40s.  My 401K has been bouncing around like crazy, obviously. 
Title: Re: Race from 10 to 100k!!
Post by: Optimiser on June 30, 2020, 05:19:19 PM

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

Jun 2020 $63,400
Title: Re: Race from 10 to 100k!!
Post by: Tass on June 30, 2020, 08:37:24 PM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k
Dec 18$22.4k
Jan 19$24.7k
Feb 19$27.2k
Mar 19$29.3k
Apr 19$31.3k
May 19$31.5k
Jun 19$33.3k
Jul 19$35.1k
Aug 19$36.7k
Sep 19$38.6k
Oct 19$40.2k
Nov 19$42.6k
Dec 19$44.6k
Jan 20$49.0k
Feb 20$46.5k
Mar 20$42.7k
Apr 20$47.5k
May 20$50.6k

Jun 20: $53.5k

Mostly just keepin' on. Unusual spending this month, most of which will be reimbursed, but already offset by finally  getting my stimulus check. My roommates plan to move out, and I just re-reached 10% of my minimum FI # taking that into account. Hoping to still scrape a 50% savings rate for the year.
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on July 01, 2020, 01:48:29 AM
Here we are:

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

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

Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on July 01, 2020, 01:50:37 AM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October: €11128.59
November: €11227,46
December: €11991,27
January: €12576,72
February: €11904,39
March: €10425,32
April: €11830,70
May: €12154,67
June: €14634,19

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

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

You will surprise yourself in the second half of the year. Keep up the good work!
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on July 01, 2020, 01:53:11 AM


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

Always try to negotiate a raise with the additional work and responsibilities. I did so in January (finally, after 2-3 years in my new role) and succeeded. That is why my 20% COVID payroll cut did not hurt that much!
Title: Re: Race from 10 to 100k!!
Post by: mckaylabaloney on July 01, 2020, 07:13:04 AM
6/1/2020: $19,606.73
7/1/2020: $26,480.37

I realized this month that my automated monthly payments -- my minimum student loan principal payment, my mortgage principal payment, and my regular monthly contributions to my 401k and HSA -- increase my net worth by more than $4000 every month (well, unless my investment contributions lose value in the market, but that's temporary), even if I don't manage to save another cent. That's a really good feeling!
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on July 01, 2020, 07:24:02 AM

2018
1/31 : (5949.05)
2/28 : (5288.30)
3/31 : (4273.93)
4/30 : (2592.07)
5/31 : (629.70)
6/30 : 1,206.77
7/31 : 2,703.97
8/31: 5,651.70
9/31: 8,039.01
10/31: 7,803.49
11/30: 9,531.28
12/31: 9,296.79

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

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


6/30/2020: $59,720

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

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

https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit#gid=0
Title: Re: Race from 10 to 100k!!
Post by: Rosy on July 01, 2020, 11:41:36 AM
GOAL: $100K by Dec 31, 2021

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

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

Note:
July figures incl $500 extra savings

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

There is no telling how this pandemic might impact our lives - we've been fortunate so far to experience no financial impact.
Title: Re: Race from 10 to 100k!!
Post by: mckaylabaloney on July 01, 2020, 01:35:50 PM
@Rosy at this rate you are going to totally obliterate that goal! Way to go.
Title: Re: Race from 10 to 100k!!
Post by: dizzy on July 01, 2020, 05:38:04 PM
Really just getting started here- 38, I did not start saving for retirement until last Oct.

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

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

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

I also have another $5k in an investment due in 1.5 months, should make $130 or so off of it in addition to 5k MR points (and signup bonus of 10k points) which are already in my account and will eventually get cashed to my Schwab account @ 1.25 cents/point
Title: Re: Race from 10 to 100k!!
Post by: jdhansen on July 01, 2020, 10:49:42 PM
Progress continues slowly but steadily.  Nice to see everyone else making progress as well.

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

Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on July 02, 2020, 02:20:56 AM

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

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

I just backfilled my NW in the spreadsheet to January 2019 and converted my NW in € to $ using today's exchange rate. That might misrepresent past NW numbers in $, but provides better comparability to the progress of others in the spread sheet I guess.
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on July 02, 2020, 06:37:56 AM
                  401K   NW
1-1-2018     6455   24k
12-1-2018   9518   37k
4-1-2019    10960  49k
11-6-2019   13466  53k -start of race
12-29-19     14460   56k
2-02-20       14991  57k
3-01-20       14632   58k
4-01-20       13884   58k
5-01-20       17011   63k
6-01-20       19255    66.5k

7-01-20         20358     68.4k

I broke 20k! I might actually get to 25k invested before the end of the year.
Title: Re: Race from 10 to 100k!!
Post by: Rosy on July 02, 2020, 06:43:35 AM
6/1/2020: $19,606.73
7/1/2020: $26,480.37

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

It is interesting to see the shift - sometimes it feels like a revelation - new perspectives opening up all the time.:)
... and yup, those are some satisfying numbers @mckaylabaloney

@shrimpwd - sweet victories along the way:)
Title: Re: Race from 10 to 100k!!
Post by: CrabboStache on July 02, 2020, 12:37:17 PM

4/1/18 - 8,288.95
11/14/18 - 17,977.82
3/30/19 - 24,649.79
7/1/19 - 29,604.18
10/1/19 - 31,878.15
1/1/20 - 36,198.66
4/1/20 - 35,304.66

7/1/20 - 44,927.83

That's a BIG increase for me in one quarter! Might meet my stretch goal of 50K by the end of the year at this rate.
Title: Re: Race from 10 to 100k!!
Post by: kaposzta on July 03, 2020, 07:49:21 AM
July 12, 2019: $66,565
Aug 1, 2019: $68,207 (+2.47%, +$1,642)
Aug 29, 2019: $69,931 (+2.53%, +$1,724)
Sept 29, 2019: $71,138 (+1.73%, +$1,207)
Oct 31, 2019: $71,517 (+0.53%, +$379)
Nov 29, 2019: $73,138 (+2.27%, +$1,621)
Jan 01, 2020: $74,276 (+1.56%, +$1,138)
Feb 06, 2020: $73,621 (-0.88%, -$655)
March 05, 2020: $74,517 (+1.22%, +$896)
No data for April, I lost my interest seeing the losses :)
May 05, 2020: $68,620 (-8.59%, -$5,897)
June 04, 2020: $70,345 (+2.51%, +$1,725)
July 02, 2020: $72,483 (+3.04%, +$2,138)

Investments up, savings rate all time high, hence the great result for June.
I hope SR will be great during whole summer and my side business will recover (no domain sales during last 3 months).
Title: Re: Race from 10 to 100k!!
Post by: lexde on July 03, 2020, 08:39:03 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46
3/1/2019: $44,391.15
3/15/2019: $45,689.39
3/31/2019: $48,303.11
05/25/2019: $53,145.15
06/07/2019: $54,674.68
06/21/2019: $57,532.15
07/03/2019: $58,718.06
07/19/2019: $60,172.27
08/02/2019: $60,058.32
08/16/2019: $62,923.68
01/06/2020: $69,508.25
01/17/2020: $73,128.38
01/31/2020: $77,313.16
02/16/2020: $80,269.73
02/28/2020: $77,245.88
03/13/2020: $70,222.54 (-$7,023.34)
04/03/2020: $72,480.14 (+$2,257.6)
04/10/2020: $80,296.56 (+$7,816.42)
05/14/2020: $86,077.33 (+$5,870.77)
05/22/2020: $89,931.92 (+$3,854.59)
06/05/2020: $95,094.67 (+$5,162.75)
06/19/2020: $97,312.23 (+$2,217.56)

07/03/2020: $99,510.35 (+$2,198.12)

So close, and yet so far! I have $1,600.00 in bank account bonuses set up that should be paid out over the next few months. Free, easy money!
Title: Re: Race from 10 to 100k!!
Post by: Gingersnaps on July 03, 2020, 09:10:59 AM
I graduated from the 10k thread last month, but that was just for my investment account after discovering FIRE. So for this thread I figured I should add up everything towards my FI goal - investments, shares and pensions, but it does mean I've leapt ahead rather!

01/07/2020 - £75,523.86

This does include 1 pension that's very out of date, hopefully will have an update next month. Also I'm not including house, cars and cash as I'll keep them for an end of the year net worth update
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on July 03, 2020, 04:54:14 PM
I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big. My checking account is also not included as it has money I will likely spend this month. Goal for 2020 is to make it to $75K.

Net worth:
2017:
Dec2017:$7800
2018
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658
Nov2018: $23,948 (+$290)
Dec2018: $23,960 (+12)
2019
Jan2019: $27,100 (+3140)
Feb2019: $29,443 (+2343)
Mar2019: $31,603 (+2160)
Apr2019: $33,959 (+2356)
May2019: $33,933 (-$26)
Jun2019: $37,928 (+3995)
Jul2019: $39,736 (+1808)
Aug2019: $39,918 (+182)
Sep2019: $34,179 (-5739)
Oct2019: $38,091 (+3912)
Nov2019: $39,867 (+1776)
Dec2019: $43836 (+$3968)
2020
Jan2020:$ 45,839 (+$2003)
Feb2020: $43,345 (-$2494)
Mar2020:$39,081 (-$4264)
Apr2020:$47,551 (+$9470)
May2020:$51,613 (+$4,061)
Jun2020$56,760.75 ($5147.33) Heading in the right direction!
Title: Re: Race from 10 to 100k!!
Post by: nmitb on July 05, 2020, 12:42:24 PM

                       2019                2020                2021                2022               
Jan-$7,248$35,632--
Feb-$6,093$32,925--
Mar-$1,081$32,425--
Apr$1,221$25,737--
May$4,418$26,441--
Jun$5,562$28,440--
Jul$7,408$30,601--
Aug$9,255---
Sept$25,361---
Oct$27,333---
Nov$31,211---
Dec$33,422---
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on July 07, 2020, 07:37:07 AM
It has been so long since I've been on these forums! Need to get my focus back, so good to see so many people doing so well :D

I'd love to join the race too please. I always keep three months in cash as an emergency, so I guess all my numbers below should really include that, but for simplicity I'll just put the total invested amount in:

July 2018: £20,385
October 2018: £24,504
January 2019: £25, 295
April 2019: £33,844
July 2019: £38,667
October 2019: £38,588
January 2020: £43,260
April  2020:  £38,094
July 2020: £49,062.35

BIG HALFWAY POINT COMING! (assuming markets don't tank)

Title: Re: Race from 10 to 100k!!
Post by: Rimu05 on July 14, 2020, 07:53:56 AM
I just graduated the Race to 10K thread so joining this one. :)

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


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

Total -  10,073

Monthly update:

Student loan - ($24,307.94)



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

Total -  14,548
Title: Re: Race from 10 to 100k!!
Post by: Feivel2000 on July 15, 2020, 12:35:13 AM
PTF and to join you soon.

I am on my way to 100k, but I am missing a good overview... shame on me.
I also more or less lost a decade, but that is snow from yesterday, as we say in Germany :-D
Title: Re: Race from 10 to 100k!!
Post by: Evasion on July 15, 2020, 06:05:16 AM
20 Dec 18 - 37,800
Mid March 2019 - 45,815
20 June 2019 - 50,890
Mid September 2019 - 57,608
15 December 2019 - 65,794
1 April 2020 - 71,465
15 May 2020 - 80,396
15 June 2020 - 85,996
1 July 2020 - 89,300
15 July 2020 - 90,232

Slightly underwhelming update BUT
Mid month updates are usually less big due to how my 401k gets paid
I am still waiting on EOFY dividends
Basically still on track for my plan, hoping to graduate by 1st September
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on July 15, 2020, 08:11:32 AM
Tracking investments, emergency fund and additional pension investments (all to be used to retire together with SO!)
(not tracking company pension investments, house value and current accounts)

15 May 2020: EUR 17,034
15 Jun 2020: EUR 18,160
15 July 2020: EUR 18,809

Happy with every increase!
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on July 16, 2020, 01:37:33 AM

15 July 2020 - 90,232

Slightly underwhelming update BUT
Mid month updates are usually less big due to how my 401k gets paid
I am still waiting on EOFY dividends
Basically still on track for my plan, hoping to graduate by 1st September

You're so close! Really encouraging to see so thank you for posting. Can't wait until you move to the race to 200k :)
Title: Re: Race from 10 to 100k!!
Post by: Feivel2000 on July 16, 2020, 04:48:39 PM
86.134 €

Wow, I am way closer than I thought! Let's do this!


Spoiler: show
        Assets
             
         Debts
             
Flat
+ 83.000 €
Mortage
- 77.000 €
Unit-Linked Life Insurance
+ 47.304 €
Fixed-Term Deposit
+ 2.000 €
ETFs
+ 20.872 €
Stockpicks
+ 5.984 €
Peer-To-Peer
+ 2.473 €
Crypto
+ 1.500 €


Spoiler: show
          2020
          2021
          2022
          2023
Jan
-
-
-
-
Feb
-
-
-
-
Mar
-
-
-
-
Apr
-
-
-
-
May
-
-
-
-
Jun
-
-
-
-
Jul
86.134 €
-
-
-
Aug
-
-
-
-
Sept
-
-
-
-
Oct
-
-
-
-
Nov
-
-
-
-
Dec
-
-
-
-
Title: Re: Race from 10 to 100k!!
Post by: lexde on July 17, 2020, 08:16:54 AM
3/15/2018: $12,926.94
3/31/2018: $12,989.49
4/13/2018: $16,254.32
4/30/2018: $17,831.70
5/15/2018: $18,911.08
5/31/2018: $21,674.06
6/15/2018: $23,447.78
6/29/2018: $20,396.96
7/21/2018: $22,666.63
7/31/2018: $24,667.50
8/23/2018: $25,400.62
8/31/2018: $27,393.30
9/14/2018: $28,138.60
9/28/2018: $30,242.60
10/26/2018: $29,793.20
11/21/2018: $32,551.23
12/7/2018: $33,589.65
12/21/2018: $33,986.10
1/18/2019: $35,782.18
2/15/2019: $43,365.46
3/1/2019: $44,391.15
3/15/2019: $45,689.39
3/31/2019: $48,303.11
05/25/2019: $53,145.15
06/07/2019: $54,674.68
06/21/2019: $57,532.15
07/03/2019: $58,718.06
07/19/2019: $60,172.27
08/02/2019: $60,058.32
08/16/2019: $62,923.68
01/06/2020: $69,508.25
01/17/2020: $73,128.38
01/31/2020: $77,313.16
02/16/2020: $80,269.73
02/28/2020: $77,245.88
03/13/2020: $70,222.54 (-$7,023.34)
04/03/2020: $72,480.14 (+$2,257.6)
04/10/2020: $80,296.56 (+$7,816.42)
05/14/2020: $86,077.33 (+$5,870.77)
05/22/2020: $89,931.92 (+$3,854.59)
06/05/2020: $95,094.67 (+$5,162.75)
06/19/2020: $97,312.23 (+$2,217.56)
07/03/2020: $99,510.35 (+$2,198.12)

07/17/2020: $103,981.86 (+$4,471.51)

Right on time! Looks like we got a bit of a market bump as well which contributed. I’m really happy with my progress and guess I’ll be moving on to the next gauntlet for now!

Here’s a visual of my progress from September 2016 (discovering MMM to today) for anyone that likes data/charts:

(https://uploads.tapatalk-cdn.com/20200717/4f85633d13bcd1631047649ca9ccaf2f.jpg)


Keep being awesome! :-)
Title: Re: Race from 10 to 100k!!
Post by: mckaylabaloney on July 17, 2020, 10:59:36 AM
Congrats @lexde!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on July 17, 2020, 03:13:21 PM
Huge congratulations @lexde!  Absolutely fantastic.  Now go tear up that next thread!!
Title: Re: Race from 10 to 100k!!
Post by: Optimiser on July 17, 2020, 04:01:26 PM
Great work @lexde! Hope to see you soon(ish) in the next thread.
Title: Re: Race from 10 to 100k!!
Post by: shinn497 on July 19, 2020, 03:46:28 AM
I don't remember the last time I posted here. The graph says I was $33,400 in 11/1/2019

I am now at $49500 ;3
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on July 19, 2020, 11:55:23 AM
Amazing @lexde ! Look forward to seeing you again when I graduate to the next threat too :)
Title: Re: Race from 10 to 100k!!
Post by: dizzy on July 19, 2020, 12:18:37 PM
Oct 2019- $1000
Nov 2019- $2340
Dec 2019- $2779
Jan 2020- $5658
Feb 2020- $5539
Mar 2020- $5024
Apr 2020- $5444
May 2020- $8302  (wherein I finally got some of unemployment)
June 2020- $20864 (wherein I got more unemployment plus the EIDL)
mid July 2020- $31724 (got the rest of the backpay, woohoo!)

Hit $30k this week, very stoked.  Dis some crazy shiz in the last few months.
PUA has been amazing for me and I hope to take huge advantage of stashing. 
Work has been opening a little, it's here and there, this week I made ~ $375 which is pretty dope.  But $300 of that was from one day sooooo?
I have a DoorDash offer for $100 if I do 40 trips in the next 2 weeks.  I've slacked on deliveries lately bc didn't want to mess up my unemployment but will probs just go for it since the extra $600 is ending soon anyway and I already got my backpay finally.

Finance stuff:
I opened a SEP IRA and put in $5kish recently, and then put 20% of my holdings in commodities. I don't feel the most bullish on bonds right now, the metals will be my hedge.
I did more research on whether opening a self-directed IRA with MySolo401K is worth it or not.  I really would prefer to include a small position in crypto and wine, and maybe at some point real estate (tho there are a lot of options I'm into that you can set up an IRA with).
I plan to get to $15k in cash then put it in a bank bonus deal that will earn me $600 + funding with CC to earn $40.

Entrepreneurship:
I also have been reading more about "passive" income.  Eventually I'd like to offer another kindle book (I have a poetry journal of the Appalachian Trail- yeah, you can guess that's not a top seller lol).
I'm going to start with tradelines and also am working on resurrecting my business for seeing a limited number of (acupuncture) patients privately, making a website again to offer this and other services I do (herbal medicine, Reiki, astrology and I Ching readings).  I am thinking even to offer "money coaching"- I've basically been doing this for friends all through the pandemic and in general.

I will also start calling again to figure out WTF is going on with the insurance companies I've applied to be in network with (one company it's been over 2 years, I hate being on the phone for literally hours but now I'm good at it after dealing with PUA last few months).  Getting paid via insurance is good money and I feel less bad about taking it than charging a lot for a treatment.  It would help me do sliding scale for people which I would like.
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on July 20, 2020, 04:24:12 AM
Congrats @lexde . Less than 2.5 years from 10 to 100 is a job very well done!
Title: Re: Race from 10 to 100k!!
Post by: Evasion on July 22, 2020, 08:36:10 PM

15 July 2020 - 90,232

Slightly underwhelming update BUT
Mid month updates are usually less big due to how my 401k gets paid
I am still waiting on EOFY dividends
Basically still on track for my plan, hoping to graduate by 1st September

You're so close! Really encouraging to see so thank you for posting. Can't wait until you move to the race to 200k :)

Thanks mate! Dividends were pretty big too, so I'm expecting a large jump for the August 1 update. Then I'll go and chase lexde (congrats!) in the next thread haha.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on July 23, 2020, 05:02:43 AM
July Update:

N/W (minus house equity) rose £474.9 to £33,329.28.

Still plodding on.  Lower earnings due to COVID.  Done tons in the house (Joiners, Electricians, new sofa, new TV, new vacuum cleaner, paint, light fittings, new internal doors), so I'm very happy my N/W has managed to grow despite lower cash balances at the moment.

£6,700 to reach my goal of £40k, which means I'd have to increase by an average of £1,334 each month from now - which is going to be tough!

And congratulations @lexde !  You've flown through this race.
Title: Re: Race from 10 to 100k!!
Post by: Serendip on July 25, 2020, 09:59:50 PM
Dec '17    18,146
Jan '18     23,607

Dec '18    48,380
Dec '19    60,746

Jan '20     63,186
Apr '20     62,030
May '20    62,300
June '20   63,000
July '20    58, 562

**eeegads. Okay, my work has been minimal since Feb due to Covid but I also need to get spending in check and start getting some forward momentum again..
Title: Re: Race from 10 to 100k!!
Post by: Feivel2000 on July 27, 2020, 01:13:38 PM
33, it's the magic number.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on July 28, 2020, 07:39:44 AM
Portfolio broke 25000€ today :)
What might be suitable future milestones? 33, 50 and 75 on the road to 100?

Nice.

I guess it's good to have a lot milestones to keep motivated.  I use(d) the following milestones (in £s): 0, 5k, 10k, 25k, 50k, 75k, 100k, 150k (I'm too far away from anything higher than this to contemplate it right now).
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on July 28, 2020, 08:44:29 AM
Portfolio broke 25000€ today :)
What might be suitable future milestones? 33, 50 and 75 on the road to 100?

Well done!!!
 I am just nearing my 50k milestone, though markets have gone a bit south so it might take a little while.
I'm trying to tell myself that compounding even at this relatively little amount, will make the second 50k easier than the first 50k.

But for me, 40k was a milestone more than 33, even though 33 is obvs mathematically significant. There was just something about having 40 actual thousand pounds invested that made me think that holy shit, that is a massive number, this is real and it is really happening for me if I just keep working at it.
Title: Re: Race from 10 to 100k!!
Post by: Rosy on July 30, 2020, 10:21:53 AM
GOAL: $100K by Dec 31, 2021

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

$ 53,000 Jan 2020
$ 56,000 Feb 2020
$ 58,000 Mar 2020
$ 64,000 Apr 2020
$ 67,000 May 2020
$ 70,000 Jun  2020
$ 73,100 Jul   2020
$ 75,600 Aug 2020 - incl $150 x-tra save (IRS n pts)

YAY! I broke $75K!
Title: Re: Race from 10 to 100k!!
Post by: Serendip on July 30, 2020, 08:19:52 PM
Congrats @Rosy  & @lexde --love to see the progress reports!!
Title: Re: Race from 10 to 100k!!
Post by: Evasion on July 30, 2020, 11:26:22 PM
20 Dec 18 - 37,800
Mid March 2019 - 45,815
20 June 2019 - 50,890
Mid September 2019 - 57,608
15 December 2019 - 65,794
1 April 2020 - 71,465
15 May 2020 - 80,396
15 June 2020 - 85,996
1 July 2020 - 89,300
15 July 2020 - 90,232
1 August 2020 - 92,917

I had even bigger hopes for that one but the market tanked a tiny bit. Getting close to +3k is still a great fortnight. I was reasonable during my holidays, everything is ticking along nicely. Getting very very close to a personal milestone (1 year of current before tax income) and then onwards to 100k!
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on July 31, 2020, 01:33:16 AM
@Evasion  you're so close I bet you can practically taste it! :)
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on July 31, 2020, 07:48:54 AM
Big congrats, @lexde!  :)  I remember when we were in the race to $10K thread together.  I doubt we'll be sharing a thread again for a long time.  You're killing it!
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on July 31, 2020, 07:50:24 AM
July 2019 - $29,419
August 2019 - $29,884
September 2019 - $30,602
October 2019 - $31,770
November 2019 - $33,081
December 2019 - $34,820
January 2020 - $36,392
February 2020 - $35,701
March 2020 - $32,466
April 2020 - $36,157
May 2020 - $38,540
June 2020 - $39,514

July 2020 - $42,207

Well, my 401K made a nice rebound.  Holy cats.  Helllllloooooooo 40s!!!!
Title: Re: Race from 10 to 100k!!
Post by: Optimiser on July 31, 2020, 08:59:04 AM

Mar 2019 $14,000
Apr 2019 $12,700
May 2019 $9,500
Jun 2019 $11,500
Jul 2019 $17,000
Aug 2019 $19,900
Sep 2019 $19,900
Oct 2019 $26,200
Nov 2019 $34,500
Dec 2019 $37,200
Jan 2020 $43,700
Feb 2020 $45,400
Mar 2020 $45,300
Apr 2020 $52,800
May 2020 $59,400
Jun 2020 $63,400

Jul 2020 $70,900
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on July 31, 2020, 10:44:11 AM

Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-    137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)

01/08/2020: 23.859,77 € (+3.868,42 €)

Finally found a buyer for my motorbike, although I didn't get that much for it. In the selling process a lot of minor issues with it became apparent that dropped the price a bit. Performance review is scheduled for next week and there were already hints of my pay needing to reflect increased responsibilites at work, so a raise might be happening. Due to Corona I only suspect a minor increase though. Aspirational goal for end of 2020: 30k €.
Title: Re: Race from 10 to 100k!!
Post by: catorbe on July 31, 2020, 11:04:13 AM
It'll be close after mortgage is paid tomorrow, but I should be up to just over $52,000 which as of right now is my salary so a big milestone in my opinion to have 1 full year's salary!
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on July 31, 2020, 11:54:40 AM
                  401K   NW
1-1-2018     6455   24k
12-1-2018   9518   37k
4-1-2019    10960  49k
11-6-2019   13466  53k -start of race
12-29-19     14460   56k
2-02-20       14991  57k
3-01-20       14632   58k
4-01-20       13884   58k
5-01-20       17011   63k
6-01-20       19255    66.5k
7-01-20         20358     68.4k

I broke 20k! I might actually get to 25k invested before the end of the year.

8-01-20.    21993.    70k

Still growing. I'm guessing I'll eventually level out with NW being ~60-70k over invested. I owe less than 10k on the house at this point.
Title: Re: Race from 10 to 100k!!
Post by: dizzy on July 31, 2020, 03:32:27 PM
Oct 2019- $1000
Nov 2019- $2340
Dec 2019- $2779
Jan 2020- $5658
Feb 2020- $5539
Mar 2020- $5024
Apr 2020- $5444
May 2020- $8302  (wherein I finally got some of unemployment)
June 2020- $20864 (wherein I got more unemployment plus the EIDL)
mid July 2020- $31724 (got the rest of the backpay, woohoo!)
7/31/20- $33340

Good: stashed some more money, bought gold/silver/miners which have gone up like 20% this month.  About half of funds are from bank bonuses that paid out finally.  Work picked up a lil.

Bad: Got the dreaded 261 code on PUA, my unemployment has been halted until who knows when.  Owed about $2k there as of today.  Tax refund I was told 3 weeks ago would be here by end of month, that's another missing $2k.  Also was hoping to do another bank bonus but had to open by today, and opening it got held up, no dice.

The awesome!  Just got hired for a job I applied for MARCH. 27. and had phone interview for APRIL. 3.   Apparently it took that long for them to feel comfortable with their PPE policies (it's medical/hands on) and the biz to take a new person on.  No one bothered to tell me they were even still considering me so it was a big surprise.  I also had another interview yesterday- it's possible that I can do both new jobs and my old job (and then I have my non-existent music gigs, plus deliveries on the side).  IDK what I will do yet, I have until Tues to decide my schedule at new job #1 (new job #2 is technically a brand new biz, tho the hours I know).  I'm really unsure what to do but grateful for all the opportunity right now.
Title: Re: Race from 10 to 100k!!
Post by: jps on July 31, 2020, 04:45:56 PM
Thought I would introduce myself to the challenge, thanks to a tip from @JCGreen .

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

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

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

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

Just wanted to say keep at it everyone!
As of 7/31, we hit ~$107K invested. NICE!!!! See you all in the race from 100 to 250K
Title: Re: Race from 10 to 100k!!
Post by: Tass on July 31, 2020, 09:55:18 PM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k
Dec 18$22.4k
Jan 19$24.7k
Feb 19$27.2k
Mar 19$29.3k
Apr 19$31.3k
May 19$31.5k
Jun 19$33.3k
Jul 19$35.1k
Aug 19$36.7k
Sep 19$38.6k
Oct 19$40.2k
Nov 19$42.6k
Dec 19$44.6k
Jan 20$49.0k
Feb 20$46.5k
Mar 20$42.7k
Apr 20$47.5k
May 20$50.6k
Jun 20$53.5k

Jul 20: $58.5k

Geez. 3-paycheck month and the market took off. It took me 1.5 years to save to my first $5k and I just accumulated that in a (very lucky) month.

I didn't invest everything because I've had to set aside a small moving fund, but hopefully I will be able to invest some of that later.
Title: Re: Race from 10 to 100k!!
Post by: jdhansen on August 01, 2020, 01:37:00 AM
Congrats @lexde on graduating to the thread.  Hope to join you there in another year or so.

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

6/14/2020  $50,099
7/1/2020    $51,768
8/1/2020    $56,146
Title: Re: Race from 10 to 100k!!
Post by: Imma on August 01, 2020, 02:05:03 AM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October: €11128.59
November: €11227,46
December: €11991,27
January: €12576,72
February: €11904,39
March: €10425,32
April: €11830,70
May: €12154,67
June: €14634,19
July: €15345,09

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

I've accepted a much better paid job that I will start in late autumn! I will be working from home at least the first couple of months, my new employer is very careful about the pandemic. I was going to start my last term in grad school this autumn and they've asked me to defer a year. In exchange they'll pay my tuition next year. It's a super steady job so it's exactly what I need at this point in time. Also when we do go back to the office, the commute is less than 10 minutes by bike!
Title: Re: Race from 10 to 100k!!
Post by: Imma on August 01, 2020, 04:05:19 AM
Thanks @Tinker ! I will certainly go back to uni next year. I was supposed to have graduated already but it took a bit longer due to the pandemic. I've put in too much effort already to not complete my degree - 2 years of studying evenings and weekends next to my job. Plus I'll get a pay raise when I graduate. I'm going to start with 6 months of intense internal training so I do understand why they don't want me to take evening classes on top of that.
Title: Re: Race from 10 to 100k!!
Post by: Rosy on August 01, 2020, 07:22:41 AM
Quote
July: €15345,09

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

I've accepted a much better paid job that I will start in late autumn! I will be working from home at least the first couple of months, my new employer is very careful about the pandemic. I was going to start my last term in grad school this autumn and they've asked me to defer a year. In exchange they'll pay my tuition next year. It's a super steady job so it's exactly what I need at this point in time. Also when we do go back to the office, the commute is less than 10 minutes by bike!

CONGRATS @Imma - that's fantastic news! Things are definitely moving in the right direction for you. I'm so happy for ya:).
It sounds like a great company and an excellent opportunity.
You'll be glad that you deferred grad school for a year - make sure you get it in writing that they will pay tuition next year.
10 min commute is a huge bonus too:) - well done!

Congrats @lexde - you've really picked up speed. Maybe I'll see you in another year - in the next thread.
Title: Re: Race from 10 to 100k!!
Post by: mckaylabaloney on August 01, 2020, 09:43:31 AM
Congrats @jps!!

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

What?? This feels insane and impossible, but my spreadsheet promises it's true.

I did receive a small, unexpected advance on my year-end bonus this month -- I continue to be very grateful to have employers who are working hard to make sure their employees are cared for during a tough time -- but most of this increase is due to market gains, which of course might vanish any day. Still, it's wild.
Title: Re: Race from 10 to 100k!!
Post by: jps on August 01, 2020, 03:50:19 PM
Holy smokes, @mckaylabaloney, you are cooking!!!
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on August 01, 2020, 10:40:10 PM
I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big. My checking account is also not included as it has money I will likely spend this month. Goal for 2020 is to make it to $75K.

Net worth:
2017:
Dec2017:$7800
2018
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658
Nov2018: $23,948 (+$290)
Dec2018: $23,960 (+12)
2019
Jan2019: $27,100 (+3140)
Feb2019: $29,443 (+2343)
Mar2019: $31,603 (+2160)
Apr2019: $33,959 (+2356)
May2019: $33,933 (-$26)
Jun2019: $37,928 (+3995)
Jul2019: $39,736 (+1808)
Aug2019: $39,918 (+182)
Sep2019: $34,179 (-5739)
Oct2019: $38,091 (+3912)
Nov2019: $39,867 (+1776)
Dec2019: $43836 (+$3968)
2020
Jan2020:$45,839 (+$2003)
Feb2020:$43,345 (-$2494)
Mar2020:$39,081 (-$4264)
Apr2020:$47,551 (+$9470)
May2020:$51,613 (+$4,061)
Jun2020:$56,760 (+$5147)
Jul2020:$61,567.54 (+4,807) Getting some decent growth these last couple months, only spent 2 months in the 50k's. We will see how long I stay in the 60's. Only 14k left for this years goal!
Title: Re: Race from 10 to 100k!!
Post by: FrugalFukuoka on August 01, 2020, 11:23:30 PM
Decided to make my first post here, as I find this thread very motivating.
Started reading MMM in January, 2019:

2019-Jan: $9500
2020-Jan: $20,000
2020-Jul: $45,000

So far on track to break 50k in October.
Title: Re: Race from 10 to 100k!!
Post by: YarnBudget on August 02, 2020, 05:24:09 AM
Whoops, haven't updated here since April! Been chugging along, throwing everything extra at the student loans. Got just past the halfway point this month! And according to my projections I should be done in another 14 months, so that's feeling pretty good.

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

And I'm past the halfway point on this thread as well! Even with no help from the market at all I should be able to hit $65k by the end of the year, and maybe graduate from this thread by the end of 2021?
Title: Re: Race from 10 to 100k!!
Post by: Dave15 on August 02, 2020, 05:54:57 AM
25-6-2018            € 29.879,12 ------> Started Tracking
25-12-2018          € 41.939,62
26-12-2019          € 64.000,00
03-02-2020          € 72.170,00
28-02-2020          € 74.154,00
25-03-2020          € 71.579,00
09-05-2020          € 76.221,00
01-06-2020          € 78.816,00
02-08-2020          € 82.500,00

Forgot to track last month. All is going according to plan, but I'm starting to see that graduation from this thread isn't going to happen before Q2 next year. In january I was hoping I would do it by december this year, but I forgot to take into account a possible market drop/crisis/stagnation/whatever. In the long term this keeps beeing good news though, as my job is still safe and I can keep making monthly investments.

Title: Re: Race from 10 to 100k!!
Post by: Trifle on August 02, 2020, 06:11:30 AM
Decided to make my first post here, as I find this thread very motivating.
Started reading MMM in January, 2019:

2019-Jan: $9500
2020-Jan: $20,000
2020-Jul: $45,000

So far on track to break 50k in October.

Welcome!  You're making amazing progress @FrugalFukuoka!
Title: Re: Race from 10 to 100k!!
Post by: Feivel2000 on August 02, 2020, 06:19:43 AM
Decided to make my first post here, as I find this thread very motivating.
Started reading MMM in January, 2019:

2019-Jan: $9500
2020-Jan: $20,000
2020-Jul: $45,000

So far on track to break 50k in October.

This is really big progress. Congratulations!
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on August 02, 2020, 09:43:44 AM

2018
1/31 : (5949.05)
2/28 : (5288.30)
3/31 : (4273.93)
4/30 : (2592.07)
5/31 : (629.70)
6/30 : 1,206.77
7/31 : 2,703.97
8/31: 5,651.70
9/31: 8,039.01
10/31: 7,803.49
11/30: 9,531.28
12/31: 9,296.79

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

2020
1/31/2020: $44,514
2/29/2020: $48,891
3/31/2020: $46,104
4/30/2020: $52,720
5/31/2020: $55,177
6/30/2020: $59,720


7/31/2020: $65,792

A very bid month here for us! markets were good and we received extra money not scheduled and put ll that toward my student loans. Hoping to have those loans done by the end of the year and hoping to break 80k this year for our net worth.

Congrats @lexde hopefully I will see you here in the next thread before to long.

Great work everyone.

https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit#gid=0
Title: Re: Race from 10 to 100k!!
Post by: Treedream on August 02, 2020, 02:34:30 PM
01/06/2018: -€60
01/01/2019: €2875.28
01/07 2019: €9288.2
01/08/2019: €10.485.05
01/09/2019: 11554.85
28/09/2019:  €12.182,10
24/10/2019: €13.082.24
26/11/2019: €14,311.49
01/02/2020: €15.260
29/04/2020: €18.544
31/05/2020: €21.280,05

Goal 01/01/2021: €27.500 Excluding sinking funds for holidays and health insurance, including student loan at 0.01% interest.

Good increase due to holiday payment this month. Will see how things go from here, as I have quit my job.

01/08/2020: €22,701.09. From here on out my total will go down, as I am currently unemployed and have lived of the remaining payments. Let's see where we get.
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on August 03, 2020, 02:38:54 AM
July 2018: £20,385
October 2018: £24,504
January 2019: £25, 295
April 2019: £33,844
July 2019: £38,667
October 2019: £38,588
January 2020: £43,260
April  2020:  £38,094
July 2020: £49,062.35
August 2020: £50,172 just over halfway! :)
Title: Re: Race from 10 to 100k!!
Post by: Gingersnaps on August 03, 2020, 03:37:53 AM
01/07/2020 - £75,523.86
01/08/2020 - £76,466.46

Still haven't got husbands updated pension figure which is frustrating as it makes progress look slow. Will go pester him to get it
Title: Re: Race from 10 to 100k!!
Post by: FrugalFukuoka on August 03, 2020, 06:42:50 AM
Decided to make my first post here, as I find this thread very motivating.
Started reading MMM in January, 2019:

2019-Jan: $9500
2020-Jan: $20,000
2020-Jul: $45,000

So far on track to break 50k in October.

Welcome!  You're making amazing progress @FrugalFukuoka!

Decided to make my first post here, as I find this thread very motivating.
Started reading MMM in January, 2019:

2019-Jan: $9500
2020-Jan: $20,000
2020-Jul: $45,000

So far on track to break 50k in October.

This is really big progress. Congratulations!

Thank you very much!
Didn't feel like I was on the right path looking just at my savings rate (22% in 2019, up to 33% YTD 2020), but this thread made me realize it's important to reflect on the hard numbers too.
Also love the insight that's demonstrated by everyone that the next 10k tends to come faster and faster as the stash grows.
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on August 03, 2020, 07:16:17 AM



Also love the insight that's demonstrated by everyone that the next 10k tends to come faster and faster as the stash grows.
[/quote]

I really really hope that the second 50k is faster than the first 50k for me
Title: Re: Race from 10 to 100k!!
Post by: TheCastle on August 03, 2020, 09:00:03 AM
Jan 17:  $19,166.96
Feb 17:  $20,947.41
Mar 17:  $21,475.05
April 17:  $27,876.31
May 17:  $29,012.44

Been away for a long time but I've still been working towards the goal.  Looks like I'm graduating to the next race!

2/20   $91,421.65
3/20   $88,114.52
4/20   $80,992.53
5/20   $93,619.13
6/20   $92,813.59
7/20   $99,888.20
8/20   $108,968.65


Title: Re: Race from 10 to 100k!!
Post by: eav on August 03, 2020, 09:03:32 AM
January 2020: 69,751
February 2020: 76,776
March 2020: $81,737
April 2020: Scary
May 2020: 81,624
June 2020: 88,147
July 2020: 94,654

Very excited as it looks like I should cross 100k before 2021 (when I was originally projected to.) Hopefully the market keeps being kind!
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on August 04, 2020, 01:57:12 AM
congratulation @TheCastle - now, with all the kindness in the world, get outta here! :)
Eeek so close @eav ! Exciting times.

Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on August 05, 2020, 06:05:44 AM
Tracking investments, emergency fund and additional pension investments (all to be used to retire together with SO!)
(not tracking company pension investments, house value and current accounts)

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

Little decrease due to additional holiday expenses and school expenses for DD........ A little early this month, since we will start a three week holiday indulgence on Friday.

@TheCastle congratulations!
@eav: you're a big example..... almost there!
@Stubblestache: halfway is a big achievement!
@Imma: congratulations on your new job. Biking distance is really a big advantage!
@Treedream: sorry you lost your job. Hope for good opportunities to come along.

All others: keep up the good work. Seeing loads of improvements.
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on August 05, 2020, 06:36:00 AM
Tracking net worth.

EOY 12.2016 - (-£10,250)
EOY 12.2017 - £4,360
EOY 12.2018 - £40,620
EOY 12.2019 - £62,523
01.2020 - £64,537 (+2,314)
02.2020 - £65,716 (+1,179)
03.2020 - £66,908 (+1,192)
04.2020 - £67,146 (+238)
05.2020 - £69,691 (+2,545)
06.2020 - £70,554 (+863)
07.2020 - £71,934 (+1,432)
08.2020 - £75,051 (+3,117)

Assets = £77,904
Student loans = (£2,853)

£75K! Passed the 3/4 mark, so glad I've managed to stick with this despite what's happened this year.
Title: Re: Race from 10 to 100k!!
Post by: haypug16 on August 05, 2020, 06:48:44 AM
@lexde - Congrats and I love the chart! I hope to see you in the next thread before too long.

July 2020 Update
3/31/2017 (52,848.85) - Found MMM
3/31/2018 $(14,916.69) - 1 year in
3/31/2019 $9,917.20 - 2 years in
3/31/2020 $22,896.16 - 3 years in
4/30/2020 $32,841.74
5/31/2020 $41,382.08
6/30/2020 $49,125.78
7/31/2020 $54,499.66 - increase of 5,373.88

Finally made it over $50k!!! My goal is to graduate this thread by next fall
Title: Re: Race from 10 to 100k!!
Post by: kaposzta on August 06, 2020, 07:16:18 AM
July 12, 2019: $66,565
Aug 1, 2019: $68,207 (+2.47%, +$1,642)
Aug 29, 2019: $69,931 (+2.53%, +$1,724)
Sept 29, 2019: $71,138 (+1.73%, +$1,207)
Oct 31, 2019: $71,517 (+0.53%, +$379)
Nov 29, 2019: $73,138 (+2.27%, +$1,621)
Jan 01, 2020: $74,276 (+1.56%, +$1,138)
Feb 06, 2020: $73,621 (-0.88%, -$655)
March 05, 2020: $74,517 (+1.22%, +$896)
No data for April, I lost my interest seeing the losses :)
May 05, 2020: $68,620 (-8.59%, -$5,897)
June 04, 2020: $70,345 (+2.51%, +$1,725)
July 02, 2020: $72,483 (+3.04%, +$2,138)
August 05, 2020: $74,655 (+3.00%, +$2,172)

Investments up again, savings rate is quite high (73%), 2 domain sales ($89 and $977 net, respectively), but I'm not content with my monthly spending. I purchased a lot of books, so the results could have been much better this month.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on August 06, 2020, 09:34:15 AM

I've accepted a much better paid job that I will start in late autumn! I will be working from home at least the first couple of months, my new employer is very careful about the pandemic. I was going to start my last term in grad school this autumn and they've asked me to defer a year. In exchange they'll pay my tuition next year. It's a super steady job so it's exactly what I need at this point in time. Also when we do go back to the office, the commute is less than 10 minutes by bike!

Nice one @Imma

That's really good news and I'm happy for you.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on August 06, 2020, 09:37:17 AM
Congrats @jps!!

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

What?? This feels insane and impossible, but my spreadsheet promises it's true.

I did receive a small, unexpected advance on my year-end bonus this month -- I continue to be very grateful to have employers who are working hard to make sure their employees are cared for during a tough time -- but most of this increase is due to market gains, which of course might vanish any day. Still, it's wild.


Jheeeeeze!

That's amazing, well done.
Title: Re: Race from 10 to 100k!!
Post by: Sanitary Stache on August 06, 2020, 10:15:14 AM
May 31, 2020    - $ 72,426.81
June 19, 2020   - $ 82,681.14 (+$10,254.33)  About $7,000 back as tax refund/credits.
August 6, 2020  - $ 89,237.00 (+$6,555.86)   Bonus at work and market gains

Title: Re: Race from 10 to 100k!!
Post by: shinn497 on August 06, 2020, 01:39:03 PM
I don't remember the last time I posted here. The graph says I was $33,400 in 11/1/2019

I am now at $49500 ;3

August starting number is 50200 now :3 .

Passed the halfway point!
Title: Re: Race from 10 to 100k!!
Post by: catorbe on August 07, 2020, 08:15:45 AM
I'm just shy of $54,000 and now materially over one year's current salary. Can't complain!
Title: Re: Race from 10 to 100k!!
Post by: nmitb on August 07, 2020, 03:33:45 PM

                       2019                2020                2021                2022               
Jan-$7,248$35,632--
Feb-$6,093$32,925--
Mar-$1,081$32,425--
Apr$1,221$25,737--
May$4,418$26,441--
Jun$5,562$28,440--
Jul$7,408$30,601--
Aug$9,255$31,579--
Sept$25,361---
Oct$27,333---
Nov$31,211---
Dec$33,422---
Title: Re: Race from 10 to 100k!!
Post by: Lelyy on August 08, 2020, 09:31:11 AM
December 31, 2017- $25,583
March 31, 2018- $30,379
June 30,2018- $37,950
August 08, 2020 - $90,006


*** HELLO GUYS! HAVENT POSTED IN A WHILE, A LONG WHILE, BUT HERE IS MY UPDATE AS OF TODAY! HOPE EVERYONE IS STAYING SAFE AND CORONA FREE! XOXOXO
Title: Re: Race from 10 to 100k!!
Post by: snorr on August 08, 2020, 02:33:30 PM
01/06/2018: -€60
01/01/2019: €2875.28
01/07 2019: €9288.2
01/08/2019: €10.485.05
01/09/2019: 11554.85
28/09/2019:  €12.182,10
24/10/2019: €13.082.24
26/11/2019: €14,311.49
01/02/2020: €15.260
29/04/2020: €18.544
31/05/2020: €21.280,05

Goal 01/01/2021: €27.500 Excluding sinking funds for holidays and health insurance, including student loan at 0.01% interest.

Good increase due to holiday payment this month. Will see how things go from here, as I have quit my job.

01/08/2020: €22,701.09. From here on out my total will go down, as I am currently unemployed and have lived of the remaining payments. Let's see where we get.

Hang in there :)
Title: Re: Race from 10 to 100k!!
Post by: scapegote on August 09, 2020, 11:48:53 AM
May 31, 2020: $14,889.84
June 30, 2020: $16,337.43 (+1447.59)

July 31, 2020: $21,546.30 (+5208.87)

Huge (for me) jump due mostly to tax returns. Some of which will eventually siphon off for carpet replacement but a large chunk went to pay down debt. Just over $12k left of non-mortgage debt, cannot wait for that day.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on August 10, 2020, 04:26:42 AM
May 31, 2020: $14,889.84
June 30, 2020: $16,337.43 (+1447.59)

July 31, 2020: $21,546.30 (+5208.87)

Huge (for me) jump due mostly to tax returns. Some of which will eventually siphon off for carpet replacement but a large chunk went to pay down debt. Just over $12k left of non-mortgage debt, cannot wait for that day.

Wow @scapegote!  Great month -- and way to slay the consumer debt!!
Title: Re: Race from 10 to 100k!!
Post by: Tinker on August 10, 2020, 11:24:19 AM
December 31, 2017- $25,583
March 31, 2018- $30,379
June 30,2018- $37,950
August 08, 2020 - $90,006


*** HELLO GUYS! HAVENT POSTED IN A WHILE, A LONG WHILE, BUT HERE IS MY UPDATE AS OF TODAY! HOPE EVERYONE IS STAYING SAFE AND CORONA FREE! XOXOXO
good to have you back, looks like you made a lot of progress in the meantime :)
Title: Re: Race from 10 to 100k!!
Post by: soily on August 13, 2020, 03:20:51 PM
                    401K          IRA          Total
Jan 2018:   $1,050        $1,230      $2,280
Jan 2019:   $6,800        $3,500      $10,300
Jan 2020:   $12,100      $6,600      $18,700
Feb 2020:   $12,500      $6,500      $18,000
Mar 2020:   $12,700      $6,100      $18,800
Apr 2020:   $12,100      $5,100      $17,200
Aug 2020:  $21,200       $6,800      $28,000

Wow. I love only periodically checking in on my investments.
Title: Re: Race from 10 to 100k!!
Post by: Evasion on August 14, 2020, 08:24:45 AM
20 Dec 18 - 37,800
Mid March 2019 - 45,815
20 June 2019 - 50,890
Mid September 2019 - 57,608
15 December 2019 - 65,794
1 April 2020 - 71,465
15 May 2020 - 80,396
15 June 2020 - 85,996
15 July 2020 - 90,232
1 August 2020 - 92,917
15 August 2020 - 95,320

A great update. I've been good at saving, and the market is giving me a hand too. Just passed a personal milestone of one year before tax income, and I haven't even got my tax return yet! I know I'm just a month away from graduating with a little discipline and it feels great :)
Title: Re: Race from 10 to 100k!!
Post by: TerrierTown on August 15, 2020, 01:11:18 PM
Hi all, first post!

01 Jun 2019 NW £44,112
01 Jul 2019 NW £46,737
02 Apr 2020 NW £61,865
15 Aug 2020 NW £73,912
Title: Re: Race from 10 to 100k!!
Post by: Feivel2000 on August 16, 2020, 05:27:14 AM

87.989 €
+ 1.855 €

I saved 1.261 € last month, the additional ~600 € in increased NW are from rising ETF and Krypto valuations. My "hand-picked" stocks have lost. Surprise, I am not an stock-picking genius and I will evaluate my strategy.

I hope I will get to 100k by the end of the year. There is a lot of hidden potential in the "Unit-Linked Life Insurance", since the evaluation is from last December.


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


Spoiler: show
        Assets
             
         Debts
             
Flat
+ 83.000 €
Mortage
- 76.738 €
Unit-Linked Life Insurance
+ 47.304 €
Fixed-Term Deposit
+ 2.000 €
ETFs
+ 22.164 €
Stockpicks
+ 5.891 €
Peer-To-Peer
+ 2.489 €
Crypto
+ 1.879 €

Title: Re: Race from 10 to 100k!!
Post by: Rosy on August 16, 2020, 10:48:17 AM
GOAL: $100K by Dec 31, 2021

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

$ 53,000 Jan 2020
$ 56,000 Feb 2020
$ 58,000 Mar 2020
$ 64,000 Apr 2020
$ 67,000 May 2020
$ 70,000 Jun  2020
$ 73,100 Jul   2020
$ 75.600 Aug 2020 - YAY! I broke $75K!

UPDATE

1. Projected $78K Sep 2020  = ($70.5K CDs + $7.5K liquid)
   78K was my total savings goal for 2020 so I am now ahead of the game - yay.

2. New Interim Goal: $86K by Dec 31, 2020 = ($78K CD's + $8K liquid)

3. New possibility: hit $100K by July 2021 instead of Dec 2021.
Title: Re: Race from 10 to 100k!!
Post by: Imma on August 18, 2020, 04:27:01 PM
Wow @Rosy you are doing great!! That's really worth a celebration. And even if you're not going to do the RE part of FIRE, how great is it to know you're prepared for the future? 
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on August 20, 2020, 05:18:28 PM
Student Loan Debt:

01/12/19: $43,762
05/04/20: $21,456
06/05/20: $21,456
08/05/20: $21,456


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739
06/05/20: $18,006 ($7,267)
07/05/20: $8,594 (-$9,412)
08/05/20: $9,084 ($490)
08/20/20: $10,680 ($1,596)

I've been away for the the past 2 1/2 months due to closing on a new house and spending a large amount of time working on it. My net worth has decreased due to buy the home and spending money on projects to increase the value of the home. I will not be tracking the equity in my home, but my net worth of liquid assets is already back above the 10k mark. I hope to reach a net worth of 20k this year, not including home equity. I'm happy to see everyone achieve big goals over the past 2ish months!
Title: Re: Race from 10 to 100k!!
Post by: Rosy on August 23, 2020, 10:08:06 AM
Wow @Rosy you are doing great!! That's really worth a celebration. And even if you're not going to do the RE part of FIRE, how great is it to know you're prepared for the future?

@Imma - congrats on your new job:), I know you'll make the most out of every opportunity that comes your way!
I've been retired for five years now. I am grateful to be FI and to have Mr. R. by my side.
It just feels surreal to have enough monthly retirement income to stash some extra cash and bolster our finances.

This month we hit a combined NW of $655K - not counting the house or the cars.
We only have another $100K to go towards our ultimate goal of $750K.
We'll see how it goes - these are turbulent times - Mr. R. is planning to retire in three years at age 62.

Since we plan on retiring in place and keeping our cars it makes no sense to include the house or cars as NW in our stash.
The house is paid off and we have no debt - so there is that.

In five years we went from $350K to $655K, replaced both our clunkers and I made every one of my bucket list wishes a reality.
We feel lucky and very grateful for what we have.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on August 24, 2020, 06:21:19 AM
In August my N/W grew by £853.95 to a total of 34,183.23

My savings rate has deteriorated with my reduced earnings so far this year (relating to COVID).  But I wouldn't change it.  The time off work has been brilliant for my mental health, my house is 'almost' immaculate and despite being physically separated, I've spent more time communicating with friends and family.  I'm 'nearly' as fit as I have ever been.  So I'm very much a glass half full person today.  I've still been contributing to my investments and pension and my emergency fund hasn't been touched. 

From next month we're becoming a single-car household (which should save hundreds of £'s per month). 

Let's keep the snowball rolling. :)
Title: Re: Race from 10 to 100k!!
Post by: Feivel2000 on August 24, 2020, 06:38:32 AM
In August my N/W grew by £853.95 to a total of 34,183.23

My savings rate has deteriorated with my reduced earnings so far this year (relating to COVID).  But I wouldn't change it.  The time off work has been brilliant for my mental health, my house is 'almost' immaculate and despite being physically separated, I've spent more time communicating with friends and family.  I'm 'nearly' as fit as I have ever been.  So I'm very much a glass half full person today.  I've still been contributing to my investments and pension and my emergency fund hasn't been touched. 

From next month we're becoming a single-car household (which should save hundreds of £'s per month). 

Let's keep the snowball rolling. :)

Is "Matched Betting Balance" seriously the balance of a sports betting account, where you are using free bets to make a safe profit?
Title: Re: Race from 10 to 100k!!
Post by: Manchester on August 24, 2020, 07:32:24 AM
In August my N/W grew by £853.95 to a total of 34,183.23

My savings rate has deteriorated with my reduced earnings so far this year (relating to COVID).  But I wouldn't change it.  The time off work has been brilliant for my mental health, my house is 'almost' immaculate and despite being physically separated, I've spent more time communicating with friends and family.  I'm 'nearly' as fit as I have ever been.  So I'm very much a glass half full person today.  I've still been contributing to my investments and pension and my emergency fund hasn't been touched. 

From next month we're becoming a single-car household (which should save hundreds of £'s per month). 

Let's keep the snowball rolling. :)

Is "Matched Betting Balance" seriously the balance of a sports betting account, where you are using free bets to make a safe profit?

Yes exactly.  It's mostly money in betting 'exchanges' where you need a bit of cash to leverage against the free bets.  It's gone down slightly as I've been using matched betting money to pay for various things rather than spending money from my savings.
Title: Re: Race from 10 to 100k!!
Post by: Serendip on August 24, 2020, 04:49:05 PM
Dec '17    18,146
Jan '18     23,607

Dec '18    48,380
Dec '19    60,746

Jan '20     63,186
Apr '20     62,030
May '20    62,300
June '20   63,000
July '20    58,562
Aug '20    59,500

*what a year...hopefully fall/winter will bring some normalcy! Just gotta keep on keeping on..
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on August 25, 2020, 01:18:24 AM
July 2018: £20,385
October 2018: £24,504
January 2019: £25, 295
April 2019: £33,844
July 2019: £38,667
October 2019: £38,588
January 2020: £43,260
April  2020:  £38,094
July 2020: £49,062.35
August 2020: £50,172 just over halfway! :)

Very quick update but I had really hoped that the 2nd half of 50k would go quicker than the first... After breaching £50k at the start of this month, now with only putting in £300, I'm at £52k - so it definitely seems like it will! I know things go up and down, but for me getting from zero to £2k took a helluva lot longer than 3 weeks.

This effect must be truly magical when you get to 100k+. Really given me a dose of inspiration checking my accounts today.


Title: Re: Race from 10 to 100k!!
Post by: Rosy on August 27, 2020, 07:32:17 AM
GOAL: $100K by Dec 31, 2021

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

$ 53,000 Jan 2020
$ 56,000 Feb 2020
$ 58,000 Mar 2020
$ 64,000 Apr 2020
$ 67,000 May 2020
$ 70,000 Jun  2020
$ 73,100 Jul   2020
$ 75,600 Aug 2020 - YAY! I broke $75K!
$ 79,115 Sep 2020  

It all feels so surreal - inching up to $80K!
Title: Re: Race from 10 to 100k!!
Post by: Imma on August 31, 2020, 09:42:43 AM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October: €11128.59
November: €11227,46
December: €11991,27
January: €12576,72
February: €11904,39
March: €10425,32
April: €11830,70
May: €12154,67
June: €14634,19
July: €15345,09
August: €16444,46

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

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

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

My friend is in a very difficult position where she doesn't really have a place to live - a fixed low income due to disability, living with a partner she needs to leave, doesn't qualify for any place on the private market due to her income, is on the waiting list for a council flat but that's going to take years. Before moving in with her partner she lived in a shelter-type accommodation that was extremely unsafe - and both of us are used to living in places that are kind of rough, she wasn't overreacting. I wish I could help her somehow. I have lots of money but not enough to be any kind of help. She's not the type that's looking for a handout at all, she'd never ask, but I wish I was able to buy a cheap apartment in her town and rent it to her for a fair price. I've explored the options and even though it would benefit both of us financially, I just won't be able to afford it for probably the next 2 years at least. For now, I'm just helping her write complaints about every landlord who has rejected her on the grounds of her disability, because that's actually illegal. Not hopeful that's going to achieve anything though.
Title: Re: Race from 10 to 100k!!
Post by: haypug16 on August 31, 2020, 10:00:23 AM
@Imma , Sorry your friend is having such a rough time. I hope she is able to find a safe place soon!


August 2020 Update
3/31/2017 (52,848.85) - Found MMM
3/31/2018 $(14,916.69) - 1 year in
3/31/2019 $9,917.20 - 2 years in
3/31/2020 $22,896.16 - 3 years in
4/30/2020 $32,841.74
5/31/2020 $41,382.08
6/30/2020 $49,125.78
7/31/2020 $54,499.66
8/31/2020 $61,881.00 - 7,381.34 increase

Made my way into the $60ks this month which was nice. Aside from the huge downturn in March my investments are doing really well. For the year I'm averaging a $3k monthly NW increase ($7.6k average since April)



Goal is to graduate this thread by next fall

ETA: forgot to update SL balance so NW was actually about $1k higher :)
Title: Re: Race from 10 to 100k!!
Post by: Tass on August 31, 2020, 11:33:43 AM
@FrugalFukuoka - hoping for a one-month update! :)

Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k
Dec 18$22.4k
Jan 19$24.7k
Feb 19$27.2k
Mar 19$29.3k
Apr 19$31.3k
May 19$31.5k
Jun 19$33.3k
Jul 19$35.1k
Aug 19$36.7k
Sep 19$38.6k
Oct 19$40.2k
Nov 19$42.6k
Dec 19$44.6k
Jan 20$49.0k
Feb 20$46.5k
Mar 20$42.7k
Apr 20$47.5k
May 20$50.6k
Jun 20$53.5k
Jul 20$58.5k

Aug 20: $63.0k

I moved this month and we got a move in deal, so was able to invest most of a month's rent on top of usual savings. Plus, what the heck is the stock market doing?! 
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on August 31, 2020, 01:33:23 PM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-    137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)

01/09/2020: 27.705,58 € (+3.845,81 €)

Another very good month. The next months should be back to normal savings rates of 1.000 € - 1.500 € though, as there were quite a few one off streams of income in the last 2 months. Received a raise of 400 € a month before taxes (200 € after taxes and social insurances ...) so that should help going forward. 30k € goal for the end of the year now looks very possible.
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on August 31, 2020, 09:30:45 PM
I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big. My checking account is also not included as it has money I will likely spend this month. Goal for 2020 is to make it to $75K.

Net worth:
2017:
Dec2017:$7800
2018
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658
Nov2018: $23,948 (+$290)
Dec2018: $23,960 (+12)
2019
Jan2019: $27,100 (+3140)
Feb2019: $29,443 (+2343)
Mar2019: $31,603 (+2160)
Apr2019: $33,959 (+2356)
May2019: $33,933 (-$26)
Jun2019: $37,928 (+3995)
Jul2019: $39,736 (+1808)
Aug2019: $39,918 (+182)
Sep2019: $34,179 (-5739)
Oct2019: $38,091 (+3912)
Nov2019: $39,867 (+1776)
Dec2019: $43836 (+$3968)
2020
Jan2020:$45,839 (+$2003)
Feb2020:$43,345 (-$2494)
Mar2020:$39,081 (-$4264)
Apr2020:$47,551 (+$9470)
May2020:$51,613 (+$4,061)
Jun2020:$56,760 (+$5147)
Jul2020:$61,567 (+$4,807)
Aug2020:$68,102.96 (+$6,535) - Last couple of months have been great! Another month like this, and I will have made it to my 2020 goal! We will see what the stock market does, as it tends to fluctuate a lot during the election time period.
Title: Re: Race from 10 to 100k!!
Post by: FrugalFukuoka on August 31, 2020, 09:39:57 PM
@FrugalFukuoka - hoping for a one-month update! :)

Decided to make my first post here, as I find this thread very motivating.
Started reading MMM in January, 2019:

2019-Jan: $9500
2020-Jan: $20,000
2020-Jul: $45,000

So far on track to break 50k in October.

Thanks for checking in, much appreciated.
I was waiting with my next update for when I'd hit 50k.. currently at 49.92.  _o\

Very nice progress for everyone, blown away.
Title: Re: Race from 10 to 100k!!
Post by: Optimiser on August 31, 2020, 09:46:14 PM

Mar 2019 $14,000
Apr 2019 $12,700
May 2019 $9,500
Jun 2019 $11,500
Jul 2019 $17,000
Aug 2019 $19,900
Sep 2019 $19,900
Oct 2019 $26,200
Nov 2019 $34,500
Dec 2019 $37,200
Jan 2020 $43,700
Feb 2020 $45,400
Mar 2020 $45,300
Apr 2020 $52,800
May 2020 $59,400
Jun 2020 $63,400
Jul 2020 $70,900

Aug 2020 $78,500
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on September 01, 2020, 01:58:34 AM
July 2018: £20,385
October 2018: £24,504
January 2019: £25, 295
April 2019: £33,844
July 2019: £38,667
October 2019: £38,588
January 2020: £43,260
April  2020:  £38,094
July 2020: £49,062.35
August 2020: £50,172 just over halfway! :)
Sept 2020: £55,556
Title: Re: Race from 10 to 100k!!
Post by: nmitb on September 01, 2020, 02:18:50 AM

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


With some luck i will break even this year...
Title: Re: Race from 10 to 100k!!
Post by: Feivel2000 on September 01, 2020, 02:42:05 AM
I have to boost my income. I don't even make what you guys add to your stache each month...
Title: Re: Race from 10 to 100k!!
Post by: Lelyy on September 01, 2020, 03:22:04 AM
Hello everyone! I don’t post very often but I really like to see the monthly updates and decided I’d give it a try. Here it goes:

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

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

*457/401k only*
Title: Re: Race from 10 to 100k!!
Post by: Gingersnaps on September 01, 2020, 04:12:43 AM
01/07/2020 - £75,523.86
01/08/2020 - £76,466.46
01/09/2020 - £79,690.65

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

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

Looks like there's some amazing progress this month - can only see a few but @Lelyy hope to see you graduate this month!
@Feivel2000 making more income is great but this month I've added more through market gains and employer pensions contributions than I've saved myself, it soon starts ramping up so don't feel disheartened
@Stubblestache nice to see some fellows £s, great gains this month!
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on September 01, 2020, 07:27:47 AM

2018
1/31 : (5949.05)
2/28 : (5288.30)
3/31 : (4273.93)
4/30 : (2592.07)
5/31 : (629.70)
6/30 : 1,206.77
7/31 : 2,703.97
8/31: 5,651.70
9/31: 8,039.01
10/31: 7,803.49
11/30: 9,531.28
12/31: 9,296.79

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

2020
1/31/2020: $44,514
2/29/2020: $48,891
3/31/2020: $46,104
4/30/2020: $52,720
5/31/2020: $55,177
6/30/2020: $59,720
7/31/2020: $65,792

8/31/2020: $71,970

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

As always don't forget to update the spread sheet.
https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit#gid=0
Title: Re: Race from 10 to 100k!!
Post by: mckaylabaloney on September 01, 2020, 07:59:45 AM
6/1/2020: $19,606.73
7/1/2020: $26,480.37
8/1/2020: $40,657.65
9/1/2020: $52,868.32

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

Big personal milestone this month in that my investments (all in tax-advantaged accounts) surpassed the amount left on my student loans (which is still a six-figure number, so it feels rather meaningful). I've been prioritizing maxing out my tax-advantaged accounts before paying extra on my loans and it is definitely paying off already.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on September 01, 2020, 08:44:02 AM
I have to boost my income. I don't even make what you guys add to your stache each month...

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

I think it's useful for everyone to consider how to raise their income.  Do you have a case study or journal?  It could be worth creating one so fellow posters can offer advice?
Title: Re: Race from 10 to 100k!!
Post by: Manchester on September 01, 2020, 08:53:34 AM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October: €11128.59
November: €11227,46
December: €11991,27
January: €12576,72
February: €11904,39
March: €10425,32
April: €11830,70
May: €12154,67
June: €14634,19
July: €15345,09
August: €16444,46

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

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

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

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

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

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

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

Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on September 01, 2020, 09:31:19 AM
August 2019 - $29,884
September 2019 - $30,602
October 2019 - $31,770
November 2019 - $33,081
December 2019 - $34,820
January 2020 - $36,392
February 2020 - $35,701
March 2020 - $32,466
April 2020 - $36,157
May 2020 - $38,540
June 2020 - $39,514
July 2020 - $42,207

August 2020 - $44,045

Stock market is bonkers.  I mean, this can't go on like this...but who the hell knows with anything anymore.
Title: Re: Race from 10 to 100k!!
Post by: Optimiser on September 01, 2020, 10:40:41 AM
I have to boost my income. I don't even make what you guys add to your stache each month...

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

Edit: It looks like my NW increase for the last 12 months is approximately equal to my salary for the last 12 months, but my savings rate is nowhere near 100%!
Title: Re: Race from 10 to 100k!!
Post by: Imma on September 01, 2020, 11:03:41 AM
@Feivel2000 when I first joined I made about €1200. I've doubled my income since! I had no idea that was possible but it was. And the market helps a lot.

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

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

 I've been in her situation, low income due to disability, no landlord wanted to rent to me. I found someone willing to co-sign the lease and be a pretend-roommate (I could afford it but landlords just don't want disabled tenants). Eventually a miracle drug allowed me to go back to work. I could co-sign a lease with her too, but in the worst case scenario that would be a bigger liability from a financial perspective. I'm just so angry that if you are a disabled or chronically ill young person and you don't have family with money to support you, you're basically just kicked on the street by the government. My main motivation to become FI is to be able to fend for myself if/when my health declines again.
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on September 01, 2020, 02:17:02 PM
@Gingersnaps thanks! The market has been up up up this month, I can't really believe how much it has grown myself. Congratulations on your lovely mini stache news!

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

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

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

Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on September 01, 2020, 02:41:03 PM
                  401K   NW
1-1-2018     6455   24k
12-1-2018   9518   37k
4-1-2019    10960  49k
11-6-2019   13466  53k -start of race
12-29-19     14460   56k
2-02-20       14991  57k
3-01-20       14632   58k
4-01-20       13884   58k
5-01-20       17011   63k
6-01-20       19255   66.5k
7-01-20       20358   68.4k
8-01-20.      21993   70k

9-01-20        23312    72.3k

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

Congrats to everyone moving up to the next challenge! Hope to join you in 2-3 years!
Title: Re: Race from 10 to 100k!!
Post by: Feivel2000 on September 01, 2020, 03:38:25 PM
Thank you @Imma, @Stubblestache and all.
What I am missing yet is the track record, the prove of my ever growing stache. That's why I am here.
Title: Re: Race from 10 too 100k!!
Post by: Runningtuff on September 01, 2020, 04:33:45 PM
Paid off my student loan this month - it was 0% but still a nice milestone.

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

I think I got deleted at some point due to absence, but thought I'd pop back and report that I technically 'graduated' this month...5 years on. Not quick, but still satisfying. :D
I'm including the deposit I put into the house we bought last year and some paid-off principle in the maths. Next goal - get to 100k outside the house.
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on September 02, 2020, 01:20:31 AM
@Feivel2000 have you seen the race to 10k thread? It's probably the most important of all the "Race to...X" threads because it gets people in the zone and sets the right behaviour patterns for everything that follows. Might be worth checking out if you haven't?
Title: Re: Race from 10 to 100k!!
Post by: Feivel2000 on September 02, 2020, 01:42:02 AM
@Feivel2000 have you seen the race to 10k thread? It's probably the most important of all the "Race to...X" threads because it gets people in the zone and sets the right behaviour patterns for everything that follows. Might be worth checking out if you haven't?

Thank you, I am late to the party, but had my first post here two months ago and I were super surprised that I "start" at ~85k.
Title: Re: Race from 10 to 100k!!
Post by: Evasion on September 02, 2020, 07:40:28 AM
20 Dec 18 - 37,800
Mid March 2019 - 45,815
20 June 2019 - 50,890
Mid September 2019 - 57,608
15 December 2019 - 65,794
1 April 2020 - 71,465
15 May 2020 - 80,396
15 June 2020 - 85,996
15 July 2020 - 90,232
1 August 2020 - 92,917
15 August 2020 - 95,320

2 September 2020 - 100,406

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

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

Good luck to everyone else, keep up the good work.
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on September 02, 2020, 07:46:29 AM
@Feivel2000 gosh, well I should be taking tips from you then! :)
@Evasion Woop woop congratulations!
Title: Re: Race from 10 to 100k!!
Post by: Sanitary Stache on September 02, 2020, 08:53:59 AM
May 31, 2020          - $ 72,426.81
June 19, 2020         - $ 82,681.14 (+$10,254.33)  About $7,000 back as tax refund/credits.
August 6, 2020        - $ 89,237.00 (+$6,555.86)   Bonus at work and market gains
September 2, 2020  - $ 93,346.17 (+$4,109.17)  This must be all market craziness.

I am interested to see how this plays out into January of 2021.  I think I have attached significance to the new year in that if we are still increasing savings, then it might be real.
Title: Re: Race from 10 to 100k!!
Post by: Feivel2000 on September 02, 2020, 12:47:34 PM
@Feivel2000 gosh, well I should be taking tips from you then! :)

Don't think so... not a big accomplishment... I saved ~220€/month (less than 10% of my income, in a high fee insurance wrapper... the break-even point after costs was just one or two years ago) for 15 years and got a ~20k severance package.
Title: Re: Race from 10 to 100k!!
Post by: YarnBudget on September 02, 2020, 03:49:24 PM
EOY 2019 = $32,211.58
Jan 2020 = $33,874.65 (+ $1,663.07)
Feb 2020 = $36,738.94 (+ $2,864.29)
Mar 2020 = $31,221.02 (- $5,517.92)
April 2020 = $41,641.53 (+ $10,420.51)
May 2020 = $45,506.49 (+ $4,864.96)
June 2020 = $49,273.35 (+ $2,766.86)
July 2020 = $55,277.20 (+ $6,003.85)
August 2020 = $62,157.20 (+$6,880.00)

Wow, I only contributed a little under $2300 last month, so this is mostly market gains...
Title: Re: Race from 10 to 100k!!
Post by: dizzy on September 02, 2020, 08:19:23 PM
Oct 2019- $1000
Nov 2019- $2340
Dec 2019- $2779
Jan 2020- $5658
Feb 2020- $5539
Mar 2020- $5024
Apr 2020- $5444
May 2020- $8302  (wherein I finally got some of unemployment)
June 2020- $20864 (wherein I got more unemployment plus the EIDL)
mid July 2020- $31724 (got the rest of the backpay, woohoo!)
7/31/20- $33340
9/2/20- $36366

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

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

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

Finally got my solo401k open so looking forward to working on that.
Title: Re: Race from 10 to 100k!!
Post by: kaposzta on September 03, 2020, 04:28:44 AM
July 12, 2019: $66,565
Aug 1, 2019: $68,207 (+2.47%, +$1,642)
Aug 29, 2019: $69,931 (+2.53%, +$1,724)
Sept 29, 2019: $71,138 (+1.73%, +$1,207)
Oct 31, 2019: $71,517 (+0.53%, +$379)
Nov 29, 2019: $73,138 (+2.27%, +$1,621)
Jan 01, 2020: $74,276 (+1.56%, +$1,138)
Feb 06, 2020: $73,621 (-0.88%, -$655)
March 05, 2020: $74,517 (+1.22%, +$896)
No data for April, I lost my interest seeing the losses :)
May 05, 2020: $68,620 (-8.59%, -$5,897)
June 04, 2020: $70,345 (+2.51%, +$1,725)
July 02, 2020: $72,483 (+3.04%, +$2,138)
August 05, 2020: $74,655 (+3.00%, +$2,172)
Sept 03, 2020: $75,241 (+0.78%, +$586)

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


Title: Re: Race from 10 to 100k!!
Post by: eav on September 03, 2020, 08:20:21 AM
January 2020: 69,751
February 2020: 76,776
March 2020: $81,737
April 2020: Scary
May 2020: 81,624
June 2020: 88,147
July 2020: 94,654
August: $100,788

So I did make it to 100k, but it does seem rather precarious with this market. We'll see if I stay over 100 for next month's spreadsheet day, and if I do...good luck to everyone! I feel like this has to be the most exciting race of them all!
Title: Re: Race from 10 to 100k!!
Post by: slowstart on September 03, 2020, 10:22:38 AM
Big lull in updates:

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

Made it! Thanks for the motivation to keep saving even in times of uncertainty.  See you all on the next thread! Good luck everyone!
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on September 03, 2020, 12:33:09 PM
Tracking net worth.

EOY 12.2016 - (-£10,250)
EOY 12.2017 - £4,360
EOY 12.2018 - £40,620
EOY 12.2019 - £62,523
01.2020 - £64,537 (+2,314)
02.2020 - £65,716 (+1,179)
03.2020 - £66,908 (+1,192)
04.2020 - £67,146 (+238)
05.2020 - £69,691 (+2,545)
06.2020 - £70,554 (+863)
07.2020 - £71,934 (+1,432)
08.2020 - £75,051 (+3,117)
09.2020 - £77,109 (+2,058)

Assets = £79,751
Student loans = (£2,642)
Title: Re: Race from 10 to 100k!!
Post by: Rosy on September 04, 2020, 08:15:39 AM
Big lull in updates:

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

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

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

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

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

2020 has been a wild ride.
My initial projection for 2020 was for $70K, then $75K, then 78K now I'm looking at a new projection of $86K by EOY 2020.
Makes me wonder what I could do to find an extra $4K in the next almost four months - $90K sounds and looks so much better:).
Surreal.
Title: Re: Race from 10 to 100k!!
Post by: jdhansen on September 05, 2020, 02:59:07 AM
Progress continues on building up the savings.  Not as quite impressive as others have done this last month but progress is progress.

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

Solid progress this month.  Also started a side gig this week that should help the progress keep going.
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on September 07, 2020, 02:18:55 PM
Progress continues on building up the savings.  Not as quite impressive as others have done this last month but progress is progress.

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

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

Good job, @jdhansen .  Others on here have reminded me that each of us has our own individual
journey, and your own progress is all that matters.  Adding nearly $10k to your networth
in less than three months  is far better than most people, notwithstanding the unusual
savings environement on this site ;)  Cheers
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on September 07, 2020, 02:27:08 PM
Our Investments and Savings (not including checking accounts)

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

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

Onward and upward!!
Title: Re: Race from 10 to 100k!!
Post by: jdhansen on September 09, 2020, 04:23:34 PM
Progress continues on building up the savings.  Not as quite impressive as others have done this last month but progress is progress.

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

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

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

Thanks @DieHard_772 , you make a solid point about our progress and when I look at it that way we are doing fantastic.  Congratulations on your progress as well, at this rate we will all be in the next thread in no time.
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on September 10, 2020, 01:57:15 AM
Tracking investments, emergency fund and additional pension investments (all to be used to retire together with SO!)
(not tracking company pension investments, house value and current accounts)

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

Recovered nicely from the holiday indulgence and school expenses for our daughter. Now up we go!!!!
Congrats to all who graduated! Very impressive!
Title: Re: Race from 10 to 100k!!
Post by: Rimu05 on September 14, 2020, 08:00:36 AM
I just graduated the Race to 10K thread so joining this one. :)

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


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

Total -  10,073

Monthly update:

Student loan - ($24,307.94)



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

Total -  14,548

Two months later:

Student loan - ($24,307.94)



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

Total -  17,843.27
Title: Re: Race from 10 to 100k!!
Post by: Feivel2000 on September 15, 2020, 02:27:00 AM
90.473 €
+ 2.484 €
(more like + 1.484 €)

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

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


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


Spoiler: show
        Assets
             
         Debts
             
Flat
+ 84.000 €
Mortage
-76.607 €
Unit-Linked Life Insurance
+ 47.304 €
Fixed-Term Deposit
+ 2.000 €
ETFs
+ 23.121 €
Stockpicks
+ 5.867 €
Peer-To-Peer
+ 2.506 €
Crypto
+ 2.282 €
Title: Re: Race from 10 to 100k!!
Post by: dizzy on September 17, 2020, 05:30:45 PM
Oct 2019- $1000
Nov 2019- $2340
Dec 2019- $2779
Jan 2020- $5658
Feb 2020- $5539
Mar 2020- $5024
Apr 2020- $5444
May 2020- $8302  (wherein I finally got some of unemployment)
June 2020- $20864 (wherein I got more unemployment plus the EIDL)
mid July 2020- $31724 (got the rest of the backpay, woohoo!)
7/31/20- $33340
9/2/20- $36366
9/17/20 - $42978

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

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


Finally got my solo401k open so looking forward to working on that.  I put $3k in it but didn't get to invest it yet.  I have a bunch more of stash but since the market's been shitty and kickfurther's been good, might concentrate my efforts there before dumping it into 401k at year end.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on September 22, 2020, 07:09:57 AM
September update:

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

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

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

I started my journey exactly 3 years ago today with a N/W of -£1,382.07.  In that time I've doubled my earnings (although not over the last 6 months lol) and decreased my spending.  I still have a long way to go and I'm far from the most frugal person on these forums, but I'm very happy with the progress I made and I'm a much happier/healthier person as a result of my financial position today.
Title: Re: Race from 10 to 100k!!
Post by: snorr on September 22, 2020, 08:00:21 AM
September update:

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

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

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

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

Nice increases (considering it is EU(/UK ;)) and table. Is that excel? I love the bottom graph with the colours, how did you make that?
Title: Re: Race from 10 to 100k!!
Post by: Rosy on September 22, 2020, 01:19:47 PM
GOAL: $100K by Dec 31, 2021

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

$ 53,000 Jan 2020
$ 56,000 Feb 2020
$ 58,000 Mar 2020
$ 64,000 Apr 2020
$ 67,000 May 2020
$ 70,000 Jun  2020
$ 73,100 Jul   2020
$ 75,600 Aug 2020 - YAY! I broke $75K!
$ 80,000 Sep 2020
 
Someone pinch me, I saved $30K since this January. That's just so surreal.
Let's hope the last three months of 2020 turn out to be uncommonly good for us all:).
Title: Re: Race from 10 to 100k!!
Post by: okisok on September 22, 2020, 06:17:37 PM
Ugh, still close but not quite there.

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

Had surgery in July that affected the savings account. Had a large purchase at the beginning of this month that hasn't come off the credit card statement yet. By the end of the year I should have graduated to the next thread.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on September 23, 2020, 04:11:59 AM
@snorr

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

I've used an excel graph called a '2D stacked column'.  I highlight all data in my graph excluding the 'total' column, select 'insert', then select the icon for 'insert column or bar chart' and it's available there.  Hope that helps. :)
Title: Re: Race from 10 to 100k!!
Post by: Manchester on September 23, 2020, 04:18:21 AM
@Rosy You're smashing it!  You'll be out of here in no time.  There are still 3 months left and you're already clear of your previous best year!

@okcisok I'm sure you'll graduate in no-time.  I often find (albeit with much smaller figures than yours) that my N/W stagnates for a few months and then suddenly jumps forward, despite little changing in my habits or expenses.
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on September 24, 2020, 02:00:36 AM
I'm having one of those spells where I'm getting frustrated and feeling like this is going to take forever, but just had a read through this thread and it's given me the boost I needed. So wanted to say thanks to everyone for your updates! Keep on truckin'
Title: Re: Race from 10 to 100k!!
Post by: Manchester on September 24, 2020, 03:58:32 AM
I'm having one of those spells where I'm getting frustrated and feeling like this is going to take forever, but just had a read through this thread and it's given me the boost I needed. So wanted to say thanks to everyone for your updates! Keep on truckin'

It can get like that sometimes.  You've been smashing it so far this year.  Trust the process and keep going.  It's a marathon, not a sprint and you'll be ahead of 99% of people who aren't aiming for FIRE.
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on September 25, 2020, 01:52:16 AM
I'm having one of those spells where I'm getting frustrated and feeling like this is going to take forever, but just had a read through this thread and it's given me the boost I needed. So wanted to say thanks to everyone for your updates! Keep on truckin'

Same here...... it feels like this will take forever. (feeling like a toddler: I want it and I want it NOW.....).
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on September 30, 2020, 02:22:05 AM
Thanks @Manchester and @Dutch Comfort - good to know it's not just me.

Doing this is an excellent exercise in discipline!
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on September 30, 2020, 04:03:40 AM

July 2018: £20,385
October 2018: £24,504
January 2019: £25, 295
April 2019: £33,844
July 2019: £38,667
October 2019: £38,588
January 2020: £43,260
April  2020:  £38,094
July 2020: £49,062.35
August 2020: £50,172 just over halfway! :)
Sept 2020: £55,556
Oct 2020 : £56,424
Title: Re: Race from 10 to 100k!!
Post by: Rosy on September 30, 2020, 08:56:37 AM
GOAL: $100K by Dec 31, 2021

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

$ 53,000 Jan 2020
$ 56,000 Feb 2020
$ 58,000 Mar 2020
$ 64,000 Apr 2020
$ 67,000 May 2020
$ 70,000 Jun  2020
$ 73,100 Jul   2020
$ 75,600 Aug 2020 - YAY! I broke $75K!
$ 80,000 Sep 2020 - Someone pinch me, I saved $30K since this January.
 
Projected total for October $81,800  - I'm taking a break from super saving and spending some money on the garden and projects, helping out family and in general just being a bit more indulgent with myself.
November projection is $1800 savings max - possibly less.
Dec? - who knows, maybe $1K - maybe zero... I'm not pushing the envelope for the rest of the year.

Life is good. Despite the title of this thread I don't want to race past my own enjoyment and experience of life.
It is more of a marathon than a race - endurance and persistence pay off in the long run, racing is too exhausting.
I find a period of rest and appreciating our accomplishments is a good thing.
Then we feel recharged and ready to go on - sometimes we just need to rethink our strategies, reflect or change course. 
Title: Re: Race from 10 to 100k!!
Post by: Imma on September 30, 2020, 11:17:20 AM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October: €11128.59
November: €11227,46
December: €11991,27
January: €12576,72
February: €11904,39
March: €10425,32
April: €11830,70
May: €12154,67
June: €14634,19
July: €15345,09
August: €16444,46
September: €17108,60

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

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

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

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

By the way, my friend has a place! It's a temporary situation and not great but at least for now she has a place to live.
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on September 30, 2020, 01:59:54 PM
September 2019 - $30,602
October 2019 - $31,770
November 2019 - $33,081
December 2019 - $34,820
January 2020 - $36,392
February 2020 - $35,701
March 2020 - $32,466
April 2020 - $36,157
May 2020 - $38,540
June 2020 - $39,514
July 2020 - $42,207
August 2020 - $44,045

September 2020 - $44,514

Anndddddd my 401K is back down.  Lol.  I feel like the shrug emoji guy would go well here right now.  Just staying the course, as usual. 
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on September 30, 2020, 03:23:30 PM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-    137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)

01/10/2020: 28.348,92 € (+643,34 €)

Some vacation spending, car needed an inspection, washing machine broke, an unexpected visit at the dentist because an inlay broke and the market turned down a bit but overall still up for the month thanks to mustachian principles. On to the next month.
Title: Re: Race from 10 to 100k!!
Post by: Tass on September 30, 2020, 08:13:35 PM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k
Dec 18$22.4k
Jan 19$24.7k
Feb 19$27.2k
Mar 19$29.3k
Apr 19$31.3k
May 19$31.5k
Jun 19$33.3k
Jul 19$35.1k
Aug 19$36.7k
Sep 19$38.6k
Oct 19$40.2k
Nov 19$42.6k
Dec 19$44.6k
Jan 20$49.0k
Feb 20$46.5k
Mar 20$42.7k
Apr 20$47.5k
May 20$50.6k
Jun 20$53.5k
Jul 20$58.5k
Aug 20$63.0k

Sept 20: $63.2k

I saved $1.9k and "lost" $1.7k in the market. Hey, I'm just happy to still be moving up!

Paid no rent this month! My progress will slow down next month as my move-in deal runs out and I have to start paying the highest rent of my life. Hoping to squeeze out a 40% savings rate.
Title: Re: Race from 10 to 100k!!
Post by: Optimiser on September 30, 2020, 09:02:41 PM
Mar 2019 $14,000
Apr 2019 $12,700
May 2019 $9,500
Jun 2019 $11,500
Jul 2019 $17,000
Aug 2019 $19,900
Sep 2019 $19,900
Oct 2019 $26,200
Nov 2019 $34,500
Dec 2019 $37,200
Jan 2020 $43,700
Feb 2020 $45,400
Mar 2020 $45,300
Apr 2020 $52,800
May 2020 $59,400
Jun 2020 $63,400
Jul 2020 $70,900
Aug 2020 $78,500

Sep 2020 $80,700

Starting on Saturday I'll be paying rent on an apartment and my mortgage as I get my house ready to sell. Soon I'll find out how good of a job I've done of estimating my home's value. I'm guessing my net worth will trend down and then make a significant jump one way or the other in the next couple months because of all of this.
Title: Re: Race from 10 to 100k!!
Post by: dominikm on September 30, 2020, 11:53:14 PM
Hey everyone!

I'm still quite new here. I found MMM a few years back but only started to take it seriously in January this year. You could say I had a wake-up call when 2020 hit and I realised I was not 21 anymore, 33 now, with almost no savings, assets and something like $2,000/m income or so. Living in Asia that's not half bad. But, you're not going anywhere on that kind of money especially hitting FIRE.

That was in January this year. It was a very depressing realisation.

After the ups and downs of COVID this year and a lot of personal stuff I've flipped that situation around pretty quick. I have my full journal here if anyone is interested - https://forum.mrmoneymustache.com/journals/dominik's-journey-to-$3mm-d/ (https://forum.mrmoneymustache.com/journals/dominik's-journey-to-$3mm-d/).

I posted once or twice in the $0 to $10K thread but didn't follow along as I was so busy making things work. I'm self-employed. So some months are great. And some months are not so great. I'm working on making every month great and focusing on my goals. I make my money from various online businesses and projects.

At the start of 2020, I had something like $4,000 saved. Today I have $21,000 banked 💪💪💪

At the start of 2020, I had something like $2,000/m coming in and now I have ~$7,300 coming in monthly.

After all my business costs and personal living expenses, I'm sitting at about ~$3,500/m. I'm not just an employee. If I was I'd be banking that $3,500/m or putting it into MMM methods. I run my own show so I'm putting about $2,500 into my various online projects to scale them up.

So right now if all goes to plan I'll be banking $1,000 extra a month. Come January I'll be banking $2,000/m extra. In April things change again and I should be banking $3,000/m. So, in theory, I should hit $30,000 banked at the end of March 2021. And by the end of 2021, I should have $57,000 banked. A pretty decent change from the start of 2020 😃

I expect my monthly income to increase quite a lot over the next year also. But, I'm not just going to keep saving and saving. My goal is to have $10,000/m - $15,000/m profit coming in monthly in the next year. So to get there I need to keep reinvesting my profits instead of just savings. My end game is $3MM banked by the time I'm 40. I'm 33 now. So I need to take this seriously. Then I will have $120,000/year or $10,000/m with the 4% withdrawal rate. A nice chunk of change each month.

It's kind of against what some preach on here but there is no right method in my opinion. If anything, what I've learnt from being around MMM is that it's not about living a frugal lifestyle. It's about being aware of your spending. It's about taking action today to work towards FIRE even if you start late as I have almost in my mid-30s. It's about setting your target and making it happen. If that's a more frugal life where you grow your own vegetables or if that's a $10K/m lifestyle. Or if you never plan to retire. As you love working or running your business and your FIRE money is your cash flow for the rest of your life so you can 100% focus on your business. So you don't have to draw a salary/dividends and can grow bigger and better than those who don't have that ability.

Once I hit about $50,000 banked I'll have enough of a safety net and feel happy enough mentally to start looking into all the MMM methods that are talked about on the blog and in the forums to use my money to grow my money. Right now and with how the world is with COVID I would much rather have liquid cash until I hit that milestone.

Thanks and wish me luck!

Upwards and onward to $100K 💪💪💪
Title: Re: Race from 10 to 100k!!
Post by: Manchester on October 01, 2020, 06:11:39 AM
@dominikm It's good that you've 'seen the light' and you seem like you're doing very well for yourself - congratulations on that. I'll take a look at your journal and wish you all the best.  You're right in what you're saying - Mustachianism is about being aware of your spending.  But adding to that further it's being aware of the correlation between spending and happiness. In your case, it seems as if the process of growing your stache is bringing fulfilment. 

@Optimiser @Tass @Ze Stash @LittleWanderer @Rosy @Stubble Stash

You're all smashing it - especially considering the markets took a big dip, it's good to see that no-one's N/W is dropping.  Shows that you're all buying stocks on sale at the moment!

@Imma Happy that your friend has a place, I'm sure that's a load off your mind.  I don't think it's shameful to invest in nice work clothes.

Thanks about the car - it's been fine so far (nearly a month in).  I still have access to my S/O's car, and we're both working from home.  I'm paying for half of her monthly rental moving forward, but as a couple, we're a few hundred £'s better off each month. We have pretty good public transport, I have a bike and ubers are easily available, so I'm well equipped to continue moving forward.

I was lucky in that my dad paid for my driving lessons whilst I was still living at home.  You can do 'crash courses' here where you spend a full week with a driving instructor, before taking a test on the weekend.  They're only around £1k.
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on October 01, 2020, 06:39:02 AM
                  401K   NW
1-1-2018     6455   24k
12-1-2018   9518   37k
4-1-2019    10960  49k
11-6-2019   13466  53k -start of race
12-29-19     14460   56k
2-02-20       14991  57k
3-01-20       14632   58k
4-01-20       13884   58k
5-01-20       17011   63k
6-01-20       19255   66.5k
7-01-20       20358   68.4k
8-01-20.      21993   70k
9-01-20        23312    72.3k

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

10-01-20       24777       74.4k

Just like before, I don't see the paycheck gains before posting for the month. Another ~700 will be added to the 401K some time today, taking me over the 25k mark. I'm thrilled! This also means that November 1st post will have a 3 paycheck increase (potentially 27k?) and if nothing crazy happens, maybe even 30k by 1/1/21?

Crazy thought... With the added 401K amount, my NW is now 25% leanFI goal. I expect an eventual leanFI to look like 250k/300k Invested/NW.

Wow.
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on October 01, 2020, 07:14:06 AM

2018
1/31 : (5949.05)
2/28 : (5288.30)
3/31 : (4273.93)
4/30 : (2592.07)
5/31 : (629.70)
6/30 : 1,206.77
7/31 : 2,703.97
8/31: 5,651.70
9/31: 8,039.01
10/31: 7,803.49
11/30: 9,531.28
12/31: 9,296.79

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

2020
1/31/2020: $44,514
2/29/2020: $48,891
3/31/2020: $46,104
4/30/2020: $52,720
5/31/2020: $55,177
6/30/2020: $59,720
7/31/2020: $65,792
8/31/2020: $71,970


9/30/2020: $72,466

Glad to see everyone so far still going in the correct direction. Especially since the markets took a downward turn this month. I barely made it positive! 

As always don't forget to update the spread sheet.
https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit#gid=0
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on October 01, 2020, 07:46:57 AM
Tracking net worth.

EOY 12.2016 - (-£10,250)
EOY 12.2017 - £4,360
EOY 12.2018 - £40,620
EOY 12.2019 - £62,523
01.2020 - £64,537 (+2,314)
02.2020 - £65,716 (+1,179)
03.2020 - £66,908 (+1,192)
04.2020 - £67,146 (+238)
05.2020 - £69,691 (+2,545)
06.2020 - £70,554 (+863)
07.2020 - £71,934 (+1,432)
08.2020 - £75,051 (+3,117)
09.2020 - £77,109 (+2,058)
10.2020 - £79,787 (+2,678)

Assets = £82,032
Student loans = (£2,245)
Title: Re: Race from 10 to 100k!!
Post by: Lelyy on October 01, 2020, 09:16:01 AM
2016: $6,222
2017: $25,604
2018: $42,277
2019: $75,560

2020
1/1/2020: $75,560
2/1/2020: $75,958 (+$398)
3/1/2020: $70,838 (-$5120)
4/1/2020: $60,843 (-$9,995)
5/1/2020: $69,088 (+$8,245)
6/1/2020: $77,048 (+$7,960)
7/1/2020: $80,663 (+$3,616)
8/1/2020: $86,713 (+$6,049)
9/1/2020: $93,441 (+$6,728)
10/1/2020 $ 91,312 (-$2,129)  🙁
*457/401k only*
Title: Re: Race from 10 to 100k!!
Post by: mckaylabaloney on October 01, 2020, 09:23:01 AM
6/1/2020: $19,606.73
7/1/2020: $26,480.37
8/1/2020: $40,657.65
9/1/2020: $52,868.32
10/1/2020: $53,926.77

Wow, I was sure I was going to come in here and report that my net worth had indeed fallen this month. I'm glad it didn't; I hate to see my NW go down even if I know it's for reasons that are irrelevant or even helpful to me at this point in my accumulation (i.e. market fluctuations).
Title: Re: Race from 10 to 100k!!
Post by: NikkiO on October 01, 2020, 05:53:50 PM
10/1/20 $10,023

Excited to be able to finally post in here! This will be for my own personal accounts, my 403B & Roth IRA.  As a family, net worth is much higher when including our home equity, rental home (our first house that we now rent out) my spouse’s retirement account, etc. Some background info, I was a stay at home mom for 8 years, which I loved! During that time I went back to get my master’s in social work.  Started working at a non-profit part time (to have flexibility with the kids) 6 years ago, so not a big money maker, but it’s work that I enjoy and can be fulfilling, yet sometimes emotionally draining! About a year ago, I passed my licensing exam, so I became a licensed clinical social worker.  Recently I have started providing therapy part-time, so with the therapy & social work, I’m starting to bring in enough to give us some cushion in our finances.  So here we go :)
Title: Re: Race from 10 to 100k!!
Post by: catlady on October 01, 2020, 06:44:55 PM
Here is me and SO, nothing impressive and late to the game but as they say better late than never

25 Sept 2022 11 699.98
Title: Re: Race from 10 to 100k!!
Post by: dominikm on October 02, 2020, 01:18:09 AM
@dominikm It's good that you've 'seen the light' and you seem like you're doing very well for yourself - congratulations on that. I'll take a look at your journal and wish you all the best.  You're right in what you're saying - Mustachianism is about being aware of your spending.  But adding to that further it's being aware of the correlation between spending and happiness. In your case, it seems as if the process of growing your stache is bringing fulfilment.

Absolutely correct! There is a strong correlation between the two.

If I just work a normal job I have zero fulfilment if it's just a means to an end (e.g. to survive). If I was just given money no matter how it comes it feels like nothing. And that's happened to me in the past when I've come across money for various reasons.

A good example was when Amazon messed up their fees and I got paid out $40K USD or so over ten days. It was nice to have the cash in the bank but it meant nothing.

It's about what I'm doing to get the money that matters to me.
Title: Re: Race from 10 to 100k!!
Post by: dominikm on October 02, 2020, 01:19:40 AM
Here is me and SO, nothing impressive and late to the game but as they say better late than never

25 Sept 2022 11 699.98

Hey @catlady are you a time traveller? "25 Sept 2022". So can you please enlighten all of us? Is 2022 back to normal or is the world even more messed up? haha 😂 😂 😂
Title: Re: Race from 10 to 100k!!
Post by: catlady on October 02, 2020, 05:05:26 AM
Here is me and SO, nothing impressive and late to the game but as they say better late than never

25 Sept 2022 11 699.98

Hey @catlady are you a time traveller? "25 Sept 2022". So can you please enlighten all of us? Is 2022 back to normal or is the world even more messed up? haha 😂 😂 😂

lol I sure hope not, because I expect that number to be waaay different in 2022

Now with the correct date
25 Sept 2020 / 11 699.98
Title: Re: Race from 10 to 100k!!
Post by: jdhansen on October 02, 2020, 11:00:12 AM
6/14/2020  $50,099
7/1/2020    $51,768
8/1/2020    $56,146
9/5/2020    $59,010
10/2/2020  $62,038

Keeping the steady progress on.  The side gig is going okay, but I have found myself wanting to spend the money on fun stuff for the kids versus plowing it all back into savings like I should be.  Guess I'm trying to make up the limited time we have now that I started it up.  Hopefully this month, now that I know what I'm doing and have started to settle into a routine. I can avoid that temptation better.
Title: Re: Race from 10 to 100k!!
Post by: dizzy on October 02, 2020, 03:15:57 PM
Oct 2019- $1000
Nov 2019- $2340
Dec 2019- $2779
Jan 2020- $5658
Feb 2020- $5539
Mar 2020- $5024
Apr 2020- $5444
May 2020- $8302  (wherein I finally got some of unemployment)
June 2020- $20864 (wherein I got more unemployment plus the EIDL)
mid July 2020- $31724 (got the rest of the backpay, woohoo!)
7/31/20- $33340
9/2/20- $36366
9/17/20 - $42978
10/2/20- $43800


Bad- PUA blocked again after a week and a half of working over 3 months, facepalm...they said I never uploaded my tax forms- of course they never asked me to.  Ugh.  I uploaded them immediately but generally it's been 2-3 months at this point for anything to get resolved in PA.  I am of course so lucky, my best friend is waiting over 3 months for hers to get unblocked, and she needs it a lot more than me.  Plus- the...

Good!- Got my first payout from tradelines- less than I thought, but it was so easy, $460.  I missed the ball last month and I may just keep it to only every other month.  It's still great though.  I saw 2 new astrology clients this week, both of whom want to book followup appointments (something I totally didn't expect).  People interested all of a sudden, I'll try to market it more.  My friend also wants one too and I may barter it for a piece of furniture she has that I used when we were roommates, she's downsizing.  So an extra $180 this week plus hopefully this nice curio thing to put my herbs and acupuncture supplies in.

Also!  Yo, speaking up for myself helps things.
New job #1: this has been postponed over and over since late March.  Sometimes understandable, but come on.  Finally starting next week, they changed it to W2 instead of 1099.  I don't love this since I'm hoping to stash as much as possible in my shiny new solo401k so I negotiated for $5/hr raise in 2021 if everything is good.  Why not.  Hopefully this will cover my taxes at least.
New job #2: was supposed to start this week, they had ZERO patients for me after 2+ months since I was hired (it's a 50/50 split).  I was like, c'mon.  I told them I now only have 1 shift available until we build up the schedule.  Low and behold, within 3 days now I have 6 people booked.

Music: I've been dealing with this old boys' club/bro culture nonsense with these guys for 13 years now (6 years where I was a full member of the band).  I finally made my voice known and spoke to everyone my feelings (no pointing fingers).  IDK if I will quit, but now I think at least people understand that I'm sick of being brushed aside/left off gigs/decision making and then filling in last minute when others don't do their part or aren't available.  If I can get over myself one member has offered me a weekly with him, tho I'd have to deal with one dude who is the main problem.  I'll see.  I know I'm super lucky to have any gigs at all during this time.  Another guy gave me a online gig for $200 which was cool.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on October 02, 2020, 03:29:50 PM
10/1/20 $10,023

Excited to be able to finally post in here! This will be for my own personal accounts, my 403B & Roth IRA.  As a family, net worth is much higher when including our home equity, rental home (our first house that we now rent out) my spouse’s retirement account, etc. Some background info, I was a stay at home mom for 8 years, which I loved! During that time I went back to get my master’s in social work.  Started working at a non-profit part time (to have flexibility with the kids) 6 years ago, so not a big money maker, but it’s work that I enjoy and can be fulfilling, yet sometimes emotionally draining! About a year ago, I passed my licensing exam, so I became a licensed clinical social worker.  Recently I have started providing therapy part-time, so with the therapy & social work, I’m starting to bring in enough to give us some cushion in our finances.  So here we go :)

Welcome to the forum @NikkiO!  Great first post.   
Title: Re: Race from 10 to 100k!!
Post by: mountain mustache on October 02, 2020, 05:34:10 PM
Today is the first day I get to post here! This year I have finally paid off about $25k of medical debt that I've been working away at over the past 3 years. I finally feel like I am on the right track, and building some savings and getting to keep ALL of the money I earn. My goal is to get to $100k in the next 10 years, and also buy my first small home.

10/02/2020- $14835.83
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on October 02, 2020, 09:44:32 PM
I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big. My checking account is also not included as it has money I will likely spend this month. Goal for 2020 is to make it to $75K.

Net worth:
2017:
Dec2017:$7800
2018
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658
Nov2018: $23,948 (+$290)
Dec2018: $23,960 (+12)
2019
Jan2019: $27,100 (+3140)
Feb2019: $29,443 (+2343)
Mar2019: $31,603 (+2160)
Apr2019: $33,959 (+2356)
May2019: $33,933 (-$26)
Jun2019: $37,928 (+3995)
Jul2019: $39,736 (+1808)
Aug2019: $39,918 (+182)
Sep2019: $34,179 (-5739)
Oct2019: $38,091 (+3912)
Nov2019: $39,867 (+1776)
Dec2019: $43836 (+$3968)
2020
Jan2020:$45,839 (+$2003)
Feb2020:$43,345 (-$2494)
Mar2020:$39,081 (-$4264)
Apr2020:$47,551 (+$9470)
May2020:$51,613 (+$4,061)
Jun2020:$56,760 (+$5147)
Jul2020:$61,567 (+$4,807)
Aug2020:$68,102 (+$6,535)
Sep2020:$68,212.95 (+$109.99) - Not a lot of progress this month - lost a little in the market, but additions were typical for me.  Great job to everyone that graduated.
Title: Re: Race from 10 to 100k!!
Post by: kaposzta on October 05, 2020, 03:50:08 AM
July 12, 2019: $66,565
Aug 1, 2019: $68,207 (+2.47%, +$1,642)
Aug 29, 2019: $69,931 (+2.53%, +$1,724)
Sept 29, 2019: $71,138 (+1.73%, +$1,207)
Oct 31, 2019: $71,517 (+0.53%, +$379)
Nov 29, 2019: $73,138 (+2.27%, +$1,621)
Jan 01, 2020: $74,276 (+1.56%, +$1,138)
Feb 06, 2020: $73,621 (-0.88%, -$655)
March 05, 2020: $74,517 (+1.22%, +$896)
No data for April, I lost my interest seeing the losses :)
May 05, 2020: $68,620 (-8.59%, -$5,897)
June 04, 2020: $70,345 (+2.51%, +$1,725)
July 02, 2020: $72,483 (+3.04%, +$2,138)
August 05, 2020: $74,655 (+3.00%, +$2,172)
Sept 03, 2020: $75,241 (+0.78%, +$586)
Oct 01, 2020: $77,551 (+3.07%, +$2,310)

Despite the mediocre SR (53%), the increase to my net worth was a record high +3.07%. My investments were up by around 3%, and I received the payments of 2 domains sales in early September. I would like to return to 60%+ SR rates, in order to reach at least $80k net worth by the end of the year.
Title: Re: Race from 10 to 100k!!
Post by: nmitb on October 05, 2020, 01:51:14 PM

                       2019                2020                2021                2022               
Jan-$7,248$35,632--
Feb-$6,093$32,925--
Mar-$1,081$32,425--
Apr$1,221$25,737--
May$4,418$26,441--
Jun$5,562$28,440--
Jul$7,408$30,601--
Aug$9,255$31,579--
Sept$25,361$34,167--
Oct$27,333$36,940--
Nov$31,211---
Dec$33,422---
Title: Re: Race from 10 to 100k!!
Post by: Gingersnaps on October 06, 2020, 06:49:26 AM
01/07/2020 - £75,523.86
01/08/2020 - £76,466.46
01/09/2020 - £79,690.65
01/10/2020 - £95,664.71

Wow, getting a couple of updated pension figures has really helped this month! Graduation is hopefully in reach this year. 
Title: Re: Race from 10 to 100k!!
Post by: Sanitary Stache on October 06, 2020, 08:08:27 AM
I am resolved to wait until January to consider having actually completed this race, but with a big influx of cash this month we broke $100,000.

May 31, 2020          - $ 72,426.81
June 19, 2020         - $ 82,681.14 (+$10,254.33) 
August 6, 2020        - $ 89,237.00 (+$ 6,555.86) 
September 2, 2020  - $ 93,346.17 (+$ 4,109.17) 
October 6, 2020      -  $103,450.xx(+$10,103.xx) I rounded some numbers for this calculation.  DW partnership sale complete. Started including some ESOP shares I had forgotten about.

These numbers went up so dramatically I find it hard to believe.  I made another projection of our budget for the next 3 years and have estimated a sobering $10,000 in savings per year.  This is part of the reason I am reluctant to leave this race until January, joining the race to 250k looks like a much longer journey and I don't want to get started too early.
Title: Re: Race from 10 to 100k!!
Post by: Serendip on October 06, 2020, 10:44:55 AM
Dec '17    18,146
Jan '18     23,607

Dec '18    48,380
Dec '19    60,746

Jan '20     63,186
May '20    62,300
June '20   63,000
July '20    58,562
Aug '20    59,500
Oct '20     60,900


Great to catch up on this thread. Good work everyone!

I was avoiding updating-- things have not been so exciting on this end. This year I've seemingly been at a financial standstill. BUT I didn't go into debt even though I was out of work for over 3 months AND things are still okay. I'm sticking with it. Trying to at least add micro-amounts into savings. My work might get cut again but I'm just working now and trying to re-build my little EF.
Title: Re: Race from 10 to 100k!!
Post by: NikkiO on October 06, 2020, 12:39:52 PM
10/1/20 $10,023

Excited to be able to finally post in here! This will be for my own personal accounts, my 403B & Roth IRA.  As a family, net worth is much higher when including our home equity, rental home (our first house that we now rent out) my spouse’s retirement account, etc. Some background info, I was a stay at home mom for 8 years, which I loved! During that time I went back to get my master’s in social work.  Started working at a non-profit part time (to have flexibility with the kids) 6 years ago, so not a big money maker, but it’s work that I enjoy and can be fulfilling, yet sometimes emotionally draining! About a year ago, I passed my licensing exam, so I became a licensed clinical social worker.  Recently I have started providing therapy part-time, so with the therapy & social work, I’m starting to bring in enough to give us some cushion in our finances.  So here we go :)

Welcome to the forum @NikkiO!  Great first post.

Thank you so much! I hope I replied correctly, this forum is a weath of information, but not as easy to navigate as other social media tools.
Title: Re: Race from 10 to 100k!!
Post by: Imma on October 07, 2020, 02:36:23 AM
Dec '17    18,146
Jan '18     23,607

Dec '18    48,380
Dec '19    60,746

Jan '20     63,186
May '20    62,300
June '20   63,000
July '20    58,562
Aug '20    59,500
Oct '20     60,900


Great to catch up on this thread. Good work everyone!

I was avoiding updating-- things have not been so exciting on this end. This year I've seemingly been at a financial standstill. BUT I didn't go into debt even though I was out of work for over 3 months AND things are still okay. I'm sticking with it. Trying to at least add micro-amounts into savings. My work might get cut again but I'm just working now and trying to re-build my little EF.

It's actually really exciting to have been out of work for months while your net worth has barely changed! Good to hear you're working again, at least for now.
Title: Re: Race from 10 to 100k!!
Post by: okisok on October 13, 2020, 09:18:54 PM
October is a 3 paycheck month, so I'm hoping to graduate this thread very soon! Originally my goal was to graduate by April, but then Covid and then surgery. My medical bill still has 20 more months of no interest, so I'm making a big enough payment every month to pay it off in 19. 
My adjusted goal was December, but I may hit it by the end of this month! It all depends on the market. I feel like I've been stuck for over a year, hovering right around the $100k mark...my original original goal was to hit it by LAST December. Then a bonus got delayed and I moved to a new place, etc. But it's good to have goals and to have this forum to keep motivated when I feel like I'm just treading water.
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on October 15, 2020, 12:49:38 AM
Tracking investments, emergency fund and additional pension investments (all to be used to retire together with SO!)
(not tracking company pension investments, house value and current accounts)

15 May 2020: EUR 17,034
15 Jun 2020: EUR 18,160
15 July 2020: EUR 18,809
5 August 2020: EUR 18,332
10 September 2020: EUR 18,999
15 October 2020: EUR 19,604

We get there, slowly but surely. At least the amount goes up! Had quite an expensive month with payment for sports classes for the kids, new glasses for DD and some other one-off's. Hope to be able to stash away more next month.

@okcisok and @Serendip, still you managed to keep your net worth steady, which is a great accomplishment!
@Sanitary Engineer: congrats!!!! You are a good example for all of us.
@mountain mustache, @catlady @NikkiO : welcome! Hope you find inspiring stories here. It is a long road to hit your first 100K, but as long as we keep going up and keep adding to the balance, we're better off than many.
Title: Re: Race from 10 to 100k!!
Post by: Feivel2000 on October 15, 2020, 12:50:19 PM
94.093 €
+ 3.620 €

Somehow I managed to save an additional 1.200 € last month, in addition to pay ~1k for flat maintenance.
Unless there is a major bear market, I feel confident to make it to 100k this year :-).


          2020
          2021
          2022
          2023
Jan
-
-
-
-
Feb
-
-
-
-
Mar
-
-
-
-
Apr
-
-
-
-
May
-
-
-
-
Jun
-
-
-
-
Jul
86.134 €
-
-
-
Aug
87.989 €
-
-
-
Sept
90.473 €
-
-
-
Oct
94.093 €
-
-
-
Nov
-
-
-
-
Dec
-
-
-
-


Spoiler: show
        Assets
             
         Debts
             
Flat
+ 84.000 €
Mortage
- 76.345 €
Unit-Linked Life Insurance
+ 47.304 €
Fixed-Term Deposit
+ 2.000 €
ETFs
+ 24.666 €
Stockpicks
+ 7.507 €
Peer-To-Peer
+ 2.523 €
Crypto
+ 2.438 €
Title: Re: Race from 10 to 100k!!
Post by: Rimu05 on October 16, 2020, 08:05:55 AM
I just graduated the Race to 10K thread so joining this one. :)

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


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

Total -  10,073

Monthly update:

Student loan - ($24,307.94)



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

Total -  14,548

Two months later:

Student loan - ($24,307.94)



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

Total -  17,843.27


Student loan - ($24,307.94)

Savings - $3515
HSA - $3,794.85
Checking - $471
401K - $37,361.2
Roth IRA - $,1264

Total -  21,685.26
Title: Re: Race from 10 to 100k!!
Post by: dizzy on October 16, 2020, 05:00:12 PM
Oct 2019- $1000
Nov 2019- $2340
Dec 2019- $2779
Jan 2020- $5658
Feb 2020- $5539
Mar 2020- $5024
Apr 2020- $5444
May 2020- $8302  (wherein I finally got some of unemployment)
June 2020- $20864 (wherein I got more unemployment plus the EIDL)
mid July 2020- $31724 (got the rest of the backpay, woohoo!)
7/31/20- $33340
9/2/20- $36366
9/17/20 - $42978
10/2/20- $43800
10/16/20- $47126

I started 3 new jobs and they have paid me!  One of them is crazy, extra $560+ a week in CASH (sometimes they tip) I was not expecting at all.  Workload super easy for now but I know it will get harder.  It still is encouraging, since I have to drive a good deal and I don't love that (at least my car gets great gas mileage).  I am definitely pushing myself now to fill up my solo401k regular contribution maybe even end of month (funded $14k of $19.5k.  I will deposit another $4k probably this week when my payroll is available.).  Shoot, maybe even maxing my owner contribution by end of year (20%) is possible.  Fingers crossed not just for wealth, but the good health I need to get through it. 

I can't believe I've stashed nearly $50k in one year, since I've made $20k a year or less the rest of my life except the last one (~$32k tho AGI was less with contributions and such)
Title: Re: Race from 10 to 100k!!
Post by: 314159 on October 17, 2020, 12:13:11 PM
I have checked my numbers and I am closer to 100k than I thought!
As of today, 17 October 2020, I have
$41,914 - 401k
  2,376 - ESPP
 13,098 - Roth IRA
 23,209 - taxable brokerage
  3,258 - checkign

Total: $83,855

I started my job in June 2019 with <$10k in savings, so I have impressed myself! I am immensely grateful the Bank of Mom and Dad for allowing me to graduate without loans.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on October 22, 2020, 07:13:06 AM
My N/W has risen by £1,630.94 to a new total of £36,622.26

I think the markets have helped, but I also received slightly more pay than I've been getting since COVID started.  I'm happy my current account is back over £500 and my next mini goal is to get it back above £1k.   

If I keep up this pace I should hit my target of £40k by the end of the year.

Hoping you're all keeping safe and making progress. :)
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on October 22, 2020, 12:49:42 PM
Spreadsheet has been updated and ready for our next months net worth!

https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?usp=sharing
Title: Re: Race from 10 to 100k!!
Post by: catlady on October 25, 2020, 08:53:26 AM
 
2020
25 Sept
 
11 699.98
25 Oct
 
15 171.88 (+3,471.9)

Next month will not be good we have a big expense. Oh well...
Spoiler: show
 Includes emergency fund, my RRSP and SO RRSP
Title: Re: Race from 10 to 100k!!
Post by: Dave15 on October 26, 2020, 12:11:16 PM
25-6-2018            € 29.879,12 ------> Started Tracking
25-12-2018          € 41.939,62
26-12-2019          € 64.000,00
03-02-2020          € 72.170,00
28-02-2020          € 74.154,00
25-03-2020          € 71.579,00
09-05-2020          € 76.221,00
01-06-2020          € 78.816,00
02-08-2020          € 82.500,00
26-10-2020          € 91.218,00

Forgot to track for the last couple months, but everything is slowly moving in the right direction. Graduation might just happen in Q1 next year after all, so I've got tat to look (and work!) forward to during the second wave.

Good luck and lots of health to all the participants and readers on here!
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on October 30, 2020, 04:57:18 PM
                  401K   NW
1-1-2018     6455   24k
12-1-2018   9518   37k
4-1-2019    10960  49k
11-6-2019   13466  53k -start of race
12-29-19     14460   56k
2-02-20       14991  57k
3-01-20       14632   58k
4-01-20       13884   58k
5-01-20       17011   63k
6-01-20       19255   66.5k
7-01-20       20358   68.4k
8-01-20.      21993   70k
9-01-20       23312   72.3k
10-01-20      24777  74.4k

11-01-20      26407    75.7k

Bit of a market hiccup this week. I don't mind. Still up 13k/23k for the year.
It's been a year since I started posting in the race! I wonder what 2 years in will look like...
Title: Re: Race from 10 to 100k!!
Post by: Imma on October 30, 2020, 05:01:15 PM

April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October: €11128.59
November: €11227,46
December: €11991,27
January: €12576,72
February: €11904,39
March: €10425,32
April: €11830,70
May: €12154,67
June: €14634,19
July: €15345,09
August: €16444,46
September: €17108,60
October: €16687,93

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

No progress this month. As expected I had a lot of costs. On top of what I had already planned for I also had to pay about €400 of healthcare costs, some of which where unexpected (I knew I had to have this done eventually but didn't know when). Started my driving lessons, have not been inside an actual car yet but spent about €100 so far for the intake, the theory exam + textbook to prepare for the exam. Practical lessons will start in about a month. I'm labelling all expenses for my license in my budgeting app but I'm not sure I really want to know how much it costs...
Title: Re: Race from 10 to 100k!!
Post by: jdhansen on October 31, 2020, 12:14:59 AM
6/14/2020  $50,099
7/1/2020    $51,768
8/1/2020    $56,146
9/5/2020    $59,010
10/2/2020  $62,038
10/30/2020 $61,623

This month was a fun one with the market going down right at the end and expenses just popping up.  But it is only a small backtrack and I'm sure with the next month we can get back on track in a positive direction.
Title: Re: Race from 10 to 100k!!
Post by: dizzy on October 31, 2020, 11:40:30 AM
Oct 2019- $1000
Nov 2019- $2340
Dec 2019- $2779
Jan 2020- $5658
Feb 2020- $5539
Mar 2020- $5024
Apr 2020- $5444
May 2020- $8302  (wherein I finally got some of unemployment)
June 2020- $20864 (wherein I got more unemployment plus the EIDL)
mid July 2020- $31724 (got the rest of the backpay, woohoo!)
7/31/20- $33340
9/2/20- $36366
9/17/20 - $42978
10/2/20- $43800
10/31/20- $47854


Yahhhhh 20% to my FIRE number in just one year, OMGBBQTURNIP! 

I had a lot of side work for cash this month in addition to the 2 new jobs (one of which is slowly building).  I'm $2500 away from maxing my solo401k employee contribution which I am very stoked about.  I don't think it will be any problem at all to max the 20% employer contribution too, woo hoo!

One of my side cash gigs is finishing for a while, she went out of the country.  I'm thinking work will slow again into the winter (it does anyway) especially with COVID numbers going down and political and COVID shut downs starting to happen again in my city.  So I'm really glad to have stashed and also really glad that one of my jobs is straight hourly (most of my work is gigs or compensation-based).

A good news tho is I have two more cards eligible for tradelines.  I have been doing every other month on most of them just to not put any more eyes on stuff than needs to.
Title: Re: Race from 10 to 100k!!
Post by: Tass on October 31, 2020, 11:08:35 PM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k
Dec 18$22.4k
Jan 19$24.7k
Feb 19$27.2k
Mar 19$29.3k
Apr 19$31.3k
May 19$31.5k
Jun 19$33.3k
Jul 19$35.1k
Aug 19$36.7k
Sep 19$38.6k
Oct 19$40.2k
Nov 19$42.6k
Dec 19$44.6k
Jan 20$49.0k
Feb 20$46.5k
Mar 20$42.7k
Apr 20$47.5k
May 20$50.6k
Jun 20$53.5k
Jul 20$58.5k
Aug 20$63.0k
Sept 20$63.2k

Oct 20: $62.9k

I spent more this month than any month that did not include international travel expenses. Most of this was expected spending, but my groceries have been creeping up for a while, which I'd like to address.

Kinda hoping I can hit 66k this year just to keep my alliteration streak going.
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on November 01, 2020, 03:37:14 AM

July 2018: £20,385
October 2018: £24,504
January 2019: £25, 295
April 2019: £33,844
July 2019: £38,667
October 2019: £38,588
January 2020: £43,260
April  2020:  £38,094
July 2020: £49,062.35
August 2020: £50,172 just over halfway! :)
Sept 2020: £55,556
Oct 2020 : £56,42
Nov 2020: £57.565 absolute hammering in the markets this month!!!
Title: Re: Race from 10 to 100k!!
Post by: Lelyy on November 01, 2020, 04:52:06 AM
2016: $6,222
2017: $25,604
2018: $42,277
2019: $75,560

2020
1/1/2020: $75,560
2/1/2020: $75,958 (+$398)
3/1/2020: $70,838 (-$5120)
4/1/2020: $60,843 (-$9,995)
5/1/2020: $69,088 (+$8,245)
6/1/2020: $77,048 (+$7,960)
7/1/2020: $80,663 (+$3,616)
8/1/2020: $86,713 (+$6,049)
9/1/2020: $93,441 (+$6,728)
10/1/2020 $91,312 (-$2,129) 
11/01/2020 $93,362 (+$2,050)
*457/401k only*
Title: Re: Race from 10 to 100k!!
Post by: mckaylabaloney on November 01, 2020, 11:08:58 AM
6/1/2020: $19,606.73
7/1/2020: $26,480.37
8/1/2020: $40,657.65
9/1/2020: $52,868.32
10/1/2020: $53,926.77
11/1/2020: $61,241.09

That's way more progress than I expected this month -- it was a three-paycheck month, which I guess made up for the crappy markets since I was able to put more toward my student loans. Kind of nice too that an extra paycheck's worth of retirement contributions entered the markets when they were down a little.
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on November 01, 2020, 01:09:34 PM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-    137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)

01/11/2020: 29.975,77 € (+1.626,85 €)

Another good savings month. Stocks took a downturn but the small crypto position did surprisingly well and more than offset that. Just missed the goal of 30k for 2020, but barring a major stock market downturn after the election I'll reach it next month. Cancelled christmas vacation due to Coronavirus so savings in the winter will be higher than expected as well. Would much rather go skiing though...

Title: Re: Race from 10 to 100k!!
Post by: JCGreen on November 01, 2020, 02:01:17 PM

I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big. My checking account is also not included as it has money I will likely spend this month. Goal for 2020 is to make it to $75K.

Net worth:
2017:
Dec2017:$7800
2018
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658
Nov2018: $23,948 (+$290)
Dec2018: $23,960 (+12)
2019
Jan2019: $27,100 (+3140)
Feb2019: $29,443 (+2343)
Mar2019: $31,603 (+2160)
Apr2019: $33,959 (+2356)
May2019: $33,933 (-$26)
Jun2019: $37,928 (+3995)
Jul2019: $39,736 (+1808)
Aug2019: $39,918 (+182)
Sep2019: $34,179 (-5739)
Oct2019: $38,091 (+3912)
Nov2019: $39,867 (+1776)
Dec2019: $43836 (+$3968)
2020
Jan2020:$45,839 (+$2003)
Feb2020:$43,345 (-$2494)
Mar2020:$39,081 (-$4264)
Apr2020:$47,551 (+$9470)
May2020:$51,613 (+$4,061)
Jun2020:$56,760 (+$5147)
Jul2020:$61,567 (+$4,807)
Aug2020:$68,102 (+$6,535)
Sep2020:$68,212(+$109)
Oct2020:$68,976 (+$763) Didn't do great this this month in terms of growth or spending, not expecting next month to be much better (as it is an election year) Also, I am going to get a new fancy computer for cyber monday, so... not going to be a mustachian month for me. Good luck to all!
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on November 02, 2020, 07:32:51 AM

2018
1/31 : (5949.05)
2/28 : (5288.30)
3/31 : (4273.93)
4/30 : (2592.07)
5/31 : (629.70)
6/30 : 1,206.77
7/31 : 2,703.97
8/31: 5,651.70
9/31: 8,039.01
10/31: 7,803.49
11/30: 9,531.28
12/31: 9,296.79

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

2020
1/31/2020: $44,514
2/29/2020: $48,891
3/31/2020: $46,104
4/30/2020: $52,720
5/31/2020: $55,177
6/30/2020: $59,720
7/31/2020: $65,792
8/31/2020: $71,970
9/30/2020: $72,466


10/31/2020: $72,288

Down a little bit this month. We are actually in the process of buying another home and then we are going to rent out our current home so quite a bit of expenses for that last month and then we will have closing this month. Hoping we can sell enough stuff as our side hustle to be able to pay for a decent portion of our closing.
Title: Re: Race from 10 to 100k!!
Post by: Optimiser on November 02, 2020, 09:09:54 AM
Mar 2019 $14,000
Apr 2019 $12,700
May 2019 $9,500
Jun 2019 $11,500
Jul 2019 $17,000
Aug 2019 $19,900
Sep 2019 $19,900
Oct 2019 $26,200
Nov 2019 $34,500
Dec 2019 $37,200
Jan 2020 $43,700
Feb 2020 $45,400
Mar 2020 $45,300
Apr 2020 $52,800
May 2020 $59,400
Jun 2020 $63,400
Jul 2020 $70,900
Aug 2020 $78,500
Sep 2020 $80,700

Oct 2020 $80,300

My house should be going on the market any day now. I'm looking forward to not making 2 housing payments each month.
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on November 02, 2020, 01:05:24 PM
Tracking net worth.

EOY 12.2016 - (-£10,250)
EOY 12.2017 - £4,360
EOY 12.2018 - £40,620
EOY 12.2019 - £62,523
01.2020 - £64,537 (+2,314)
02.2020 - £65,716 (+1,179)
03.2020 - £66,908 (+1,192)
04.2020 - £67,146 (+238)
05.2020 - £69,691 (+2,545)
06.2020 - £70,554 (+863)
07.2020 - £71,934 (+1,432)
08.2020 - £75,051 (+3,117)
09.2020 - £77,109 (+2,058)
10.2020 - £79,787 (+2,678)
11.2020 - £81,680 (+1,893)

Assets = £83,701
Student loans = (£2,021)
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on November 03, 2020, 01:44:04 PM
October 2019 - $31,770
November 2019 - $33,081
December 2019 - $34,820
January 2020 - $36,392
February 2020 - $35,701
March 2020 - $32,466
April 2020 - $36,157
May 2020 - $38,540
June 2020 - $39,514
July 2020 - $42,207
August 2020 - $44,045
September 2020 - $44,514

October 2020 - $45,564

Totally normal month for me.  I mean, savings wise, at least.  Half way seems so close, yet so far away. 
Title: Re: Race from 10 to 100k!!
Post by: catorbe on November 04, 2020, 09:57:00 AM
October 2019 - $31,770
November 2019 - $33,081
December 2019 - $34,820
January 2020 - $36,392
February 2020 - $35,701
March 2020 - $32,466
April 2020 - $36,157
May 2020 - $38,540
June 2020 - $39,514
July 2020 - $42,207
August 2020 - $44,045
September 2020 - $44,514

October 2020 - $45,564

Totally normal month for me.  I mean, savings wise, at least.  Half way seems so close, yet so far away.

I'm back up to about $54,750 so if you add our totals together we're there!
Title: Re: Race from 10 to 100k!!
Post by: Gingersnaps on November 05, 2020, 07:44:48 AM
Totally forgot to update on the 1st, at least it gave the markets a few days to recover!

01/07/2020 - £75,523.86
01/08/2020 - £76,466.46
01/09/2020 - £79,690.65
01/10/2020 - £95,664.71
01/11/2020 - £97,515.00

Could next month be the one!?
Title: Re: Race from 10 to 100k!!
Post by: kaposzta on November 06, 2020, 07:26:12 AM
July 12, 2019: $66,565
Aug 1, 2019: $68,207 (+2.47%, +$1,642)
Aug 29, 2019: $69,931 (+2.53%, +$1,724)
Sept 29, 2019: $71,138 (+1.73%, +$1,207)
Oct 31, 2019: $71,517 (+0.53%, +$379)
Nov 29, 2019: $73,138 (+2.27%, +$1,621)
Jan 01, 2020: $74,276 (+1.56%, +$1,138)
Feb 06, 2020: $73,621 (-0.88%, -$655)
March 05, 2020: $74,517 (+1.22%, +$896)
No data for April, I lost my interest seeing the losses :)
May 05, 2020: $68,620 (-8.59%, -$5,897)
June 04, 2020: $70,345 (+2.51%, +$1,725)
July 02, 2020: $72,483 (+3.04%, +$2,138)
August 05, 2020: $74,655 (+3.00%, +$2,172)
Sept 03, 2020: $75,241 (+0.78%, +$586)
Oct 01, 2020: $77,551 (+3.07%, +$2,310)
Nov 05, 2020: $79,310 (+2.27%, +$1,759)

Investments went up substantially, one domain sale kicked in, so on the revenue side everything seems fine.
On the other hand, savings rate was an abysmal 40%, owing to the purchase of home furniture and home office stuff, Christmas presents and lots and lots of vitamins and anti-covid stuff for us and our families. We could buy almost everything with a large discount, so SR should improve in the next two months substantially (back to 65+%).

The plus side is that I ordered so many books in the past couple of months that were missing from my collection, that 1) my collection is almost complete, and 2) while decluttering a room I realized how hoarding books affect my life in a negative way, so I don't want to buy any new books in the next few months.
Title: Re: Race from 10 to 100k!!
Post by: Lelyy on November 06, 2020, 04:52:53 PM
2016: $6,222
2017: $25,604
2018: $42,277
2019: $75,560

2020
1/1/2020: $75,560
2/1/2020: $75,958 (+$398)
3/1/2020: $70,838 (-$5120)
4/1/2020: $60,843 (-$9,995)
5/1/2020: $69,088 (+$8,245)
6/1/2020: $77,048 (+$7,960)
7/1/2020: $80,663 (+$3,616)
8/1/2020: $86,713 (+$6,049)
9/1/2020: $93,441 (+$6,728)
10/1/2020 $91,312 (-$2,129) 
11/01/2020 $93,362 (+$2,050)
11/06/2020 $100,357 (+6,5596)

I’ve reached 100k !!!
Thank you all for the motivation !
Good luck to all of you.. see you guys on the next forum!

*457/401k only*
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on November 08, 2020, 11:34:07 AM
I'm back up to about $54,750 so if you add our totals together we're there!

Excellent!!  Want to get married?  LOL.
Title: Re: Race from 10 to 100k!!
Post by: catorbe on November 09, 2020, 10:18:25 AM
I'm back up to about $54,750 so if you add our totals together we're there!

Excellent!!  Want to get married?  LOL.

We're not over 100k by much so it'll have to be a cheap courthouse wedding!
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on November 10, 2020, 01:39:26 AM
Above 35,000 :)
Bonus for Christmas and a tax-free COVID-relief over the next two paychecks is going to put me around 40,000 unless markets dump.
Christmas 2018 i had next to nothing. Reasonably happy with the progress, although worried i may come across as stingy on occasion. Rock bottom mentality still haunting me.

I feel this. I grew up poor and I'm used to worrying about money and that has never really left me, even though in almost any community other than the FIRE one, I'd be considered to be very comfortable financially.
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on November 10, 2020, 05:19:19 PM
Student Loan Debt:

01/12/19: $43,762
05/04/20: $21,456
06/05/20: $21,456
08/05/20: $21,456
11/09/20: $21,456

Payments will continue in January, currently payments have not been due and loans have been collect 0% interest. Normal interest rates are all below 4%


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739
06/05/20: $18,006 ($7,267)
07/05/20: $8,594 (-$9,412)
08/05/20: $9,084 ($490)
09/01/20: $13,497 ($4,413)
10/01/20: $12,283 (-$1,214)
11/01/20: $15,692 ($3,409)

I've been continuing to put surplus income into renovations of my recently purchased home while also adding a small portion of my income to savings. I have one more large purchase this month and then I will be back to my normal savings rate of nearly 50% of my income. I have not include my home equity in this total and will continue not to do so, though equity is now at roughly 35K.  I'm looking forward to growing my stash once again! Congrats to those of you that have moved on from this thread.
Title: Re: Race from 10 to 100k!!
Post by: dizzy on November 11, 2020, 03:54:30 PM
Yo yo yo, halfway to $100k!

Oct 2019- $1000
Nov 2019- $2340
Dec 2019- $2779
Jan 2020- $5658
Feb 2020- $5539
Mar 2020- $5024
Apr 2020- $5444
May 2020- $8302  (wherein I finally got some of unemployment)
June 2020- $20864 (wherein I got more unemployment plus the EIDL)
mid July 2020- $31724 (got the rest of the backpay, woohoo!)
7/31/20- $33340
9/2/20- $36366
9/17/20 - $42978
10/2/20- $43800
10/31/20- $47854
11/11/20- $53709

The one housecall I've been doing on the side for cash that they give me $$$ for has for the last 4 sessions added an extra amount to do a 2nd person.  WTF- $700 a week cash.  It will be through middle to end of December now.  And I'm happy bc they are doing great.
Another side cash gig ended, but that's ok and she's doing well (only $60/week).  I got paid finally for a couple music gigs I had in September and October.
New jobs are ok so far...getting there.  The one that is more disorganized spoke to me about doing 2 more shifts starting in Jan, I told them we will see.  They aren't sure yet the person will leave, but they think she will.
I scored a weekly music gig in Dec, really looking up.  I wish my boyfriend was feeling better (unemployed/depressed since March), but at least I am catching up to him so we can get out of the rat race sooner.  The last thing I would want is for him to have to worry about me financially, dude's got enough on his plate.
Feel like I finally have a good handle on my investments and seeing the rise...yeah yeah, I know markets are going up, I just like my diversification right now with a couple picks on the side.
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on November 13, 2020, 12:34:04 AM
Tracking investments, emergency fund and additional pension investments (all to be used to retire together with SO!)
(not tracking company pension investments, house value and current accounts)

15 May 2020: EUR 17,034
15 Jun 2020: EUR 18,160
15 July 2020: EUR 18,809
5 August 2020: EUR 18,332
10 September 2020: EUR 18,999
15 October 2020: EUR 19,604
13 November 2020: EUR 22,707

Nice increase this month and above EUR 20K!. I calculated the amount I could add on a tax free basis to my additional pension account and funded that from our current account. Next month the last bit (hopefully) and the tax free account for this year is then totally funded! That will account for a nice 2020 tax refund in 2021!

Coming month will be tight with holiday spending (try to keep it down as much as possible) and providing extra meals to our parents (who were COVID affected, but on their way to recovery!).

@Lelyy : congrats!!!
@dizzy: halfway sounds soooooo good. I'm just hoping to be there in 2-3 years (trying to save around EUR 10K every year).
@Tinker and @Stubblestache : I totally feel it. While we're doing much better than the average, I still feel that worry in my head that we might be hit in the back by financial problems.

Only 7 weeks of 2020 left. Let's see if we can end this year with a nice big plus!
Title: Re: Race from 10 to 100k!!
Post by: mountain mustache on November 13, 2020, 07:54:25 AM
Today is the first day I get to post here! This year I have finally paid off about $25k of medical debt that I've been working away at over the past 3 years. I finally feel like I am on the right track, and building some savings and getting to keep ALL of the money I earn. My goal is to get to $100k in the next 10 years, and also buy my first small home.

10/02/2020- $14835.83

11/13/2020- $16110.56

Title: Re: Race from 10 to 100k!!
Post by: Trifle on November 13, 2020, 11:46:36 AM
Nice steady progress @mountain mustache!  Go you!
Title: Re: Race from 10 to 100k!!
Post by: okisok on November 14, 2020, 07:12:25 PM

July 1: $94,885
August 1: $99,157
September 1: $96,161
October 1: $92,650
November 1: $94,512
November 14: $101,023

Some of the jump was making this month's credit card payment, some was market fluctuations. I'll hold off on making the jump to the next thread until I see what happens with the market.
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on November 15, 2020, 08:38:07 AM

Our Investments and Savings (not including checking accounts)

9/28/18  - $22,949
10/28/18 - $23,952
11/28/18 - $27,878
1/28/19 - $28,853
2/28/19 - $31,682
3/28/19 - $32,684
4/28/19 - $35,011
5/28/19 - $35,838
6/28/19 - $38,276
7/28/19 - $40,607
8/28/19 - $40,508
9/28/19 - $42,168
10/28/19 -$42,209
11/28/19 - $44,478
12/28/19 -$46,408
1/28/20 - $49,115
2/28/20 - $50,466
3/28/20 - $48,609
4/28/20 - $55,026
5/28/20 - $59,256
6/28/20 - $60,807
7/28/20 - $64,342
8/28/20 - $65,454
9/28/20 -  $65,495
10/28/20 - $67,282
11/15/20 - $70,018

This week our investments (not including savings) hit $50,000 for the first time, so that's pretty awesome.


A few years back, we hadn't even started saving or investing in any systematic way. If go back and compare,
our progress is pretty significant:

Our Investments and Savings (not including checking accounts)

Every year before 2015 - Essentially $0 :(
10/10/15 - $1,220 +$1,220
11/17/16 - $5,111 +$3,891
10/17/17 - $15,143 +$10,032
11/28/18 - $27,878 +$12,735
11/28/19 - $44,478  +$16,600
11/15/20 - $70,018+$25,540


Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on November 15, 2020, 08:40:19 AM
Only 7 weeks of 2020 left. Let's see if we can end this year with a nice big plus!

@Dutch Comfort Yeah baby!
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on November 15, 2020, 08:44:41 AM
2016: $6,222
2017: $25,604
2018: $42,277
2019: $75,560

2020
1/1/2020: $75,560
2/1/2020: $75,958 (+$398)
3/1/2020: $70,838 (-$5120)
4/1/2020: $60,843 (-$9,995)
5/1/2020: $69,088 (+$8,245)
6/1/2020: $77,048 (+$7,960)
7/1/2020: $80,663 (+$3,616)
8/1/2020: $86,713 (+$6,049)
9/1/2020: $93,441 (+$6,728)
10/1/2020 $91,312 (-$2,129) 
11/01/2020 $93,362 (+$2,050)
11/06/2020 $100,357 (+6,5596)

I’ve reached 100k !!!
Thank you all for the motivation !
Good luck to all of you.. see you guys on the next forum!

*457/401k only*

@Lelyy Congrats!
Title: Re: Race from 10 to 100k!!
Post by: Feivel2000 on November 15, 2020, 02:12:55 PM
96.957 €
+ 2.864 €

I had no out-of-the-ordinary savings this month. I added 1.412€ and got the same in increased values... Nice :)
Still on my way to 100.000 € by the end of the year. I expect a small X-Mas bonus and the re-evaluation of my Unit-Linked Life Insurance. That alone should let me make the jump... We will see.


          2020
          2021
          2022
          2023
Jan
-
-
-
-
Feb
-
-
-
-
Mar
-
-
-
-
Apr
-
-
-
-
May
-
-
-
-
Jun
-
-
-
-
Jul
87.134 €
-
-
-
Aug
88.989 €
-
-
-
Sept
90.473 €
-
-
-
Oct
90.093 €
-
-
-
Nov
96.957 €
-
-
-
Dec
-
-
-
-


Spoiler: show
        Assets
             
         Debts
             
Flat
+ 84.000 €
Mortage
- 76.214 €
Unit-Linked Life Insurance
+ 47.304 €
Fixed-Term Deposit
+ 2.000 €
ETFs
+ 26.262 €
Stockpicks
+ 7.875 €
Peer-To-Peer
+ 2.540 €
Crypto
+ 3.190 €
Title: Re: Race from 10 to 100k!!
Post by: mgardner88 on November 17, 2020, 02:08:32 PM
First time poster but have been tracking by myself for a few months now. This doesn't include house equity, just 401k, IRA, and 457:

7/1/2020: $46,295
8/1/2020: $49,461 (+3,166)
9/1/2020: $51,488 (+2,027)
10/1/2020: $52,753 (+1,265)
11/1/2020: $53,942 (+1,189)

All of you are amazing, very inspirational.
Title: Re: Race from 10 to 100k!!
Post by: Feivel2000 on November 17, 2020, 03:55:42 PM
Welcome on board!
Title: Re: Race from 10 to 100k!!
Post by: Manchester on November 18, 2020, 08:31:21 AM
I checked my ISA this morning. 

When the markets dropped earlier in the year I was 23% down on what I'd paid in.  Today I'm up 20% overall.  They're only modest amounts compared to some people on this forum, but none the less it's been a crazy year.
Title: Re: Race from 10 to 100k!!
Post by: Imma on November 18, 2020, 09:13:49 AM
I checked my ISA this morning. 

When the markets dropped earlier in the year I was 23% down on what I'd paid in.  Today I'm up 20% overall.  They're only modest amounts compared to some people on this forum, but none the less it's been a crazy year.

Same here. I'm not sure what the lowest low was exactly, it was somewhere in late March when several members of my family had Covid. But I opened thid account 1 Jan 2016 and I'm at +35% overall now. That's a steady 7% a year. I remember the morning after the Brexit referendum. I had only been investing for a few months and I was massively in the red and now that blip is literally invisble in the graph. Even the Covid dip will look tiny in a few years.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on November 20, 2020, 06:25:53 AM
I checked my ISA this morning. 

When the markets dropped earlier in the year I was 23% down on what I'd paid in.  Today I'm up 20% overall.  They're only modest amounts compared to some people on this forum, but none the less it's been a crazy year.

Same here. I'm not sure what the lowest low was exactly, it was somewhere in late March when several members of my family had Covid. But I opened thid account 1 Jan 2016 and I'm at +35% overall now. That's a steady 7% a year. I remember the morning after the Brexit referendum. I had only been investing for a few months and I was massively in the red and now that blip is literally invisble in the graph. Even the Covid dip will look tiny in a few years.

It's especially impressive when you consider the impact Brexit has had.  If it were a smooth, sensible transition, I wouldn't have been surprised.  But considering our government are making a pigs ear out of leaving the EU, I'd have expected European/British stocks to struggle.  I guess it shows that you can't predict the stock market in any scenario!

Hope things are ok in Holland btw!
Title: Re: Race from 10 to 100k!!
Post by: Manchester on November 20, 2020, 06:28:10 AM
Just set up the baseline contribution to my portfolio for next year. Two months early.
52% of every net paycheck will go straight to my freedom fund, up from 50% this year.

Plus whatever part of the remainder i can get away with not spending throughout the year, of course.

That's great.  Any saving rate of over 50% is really impressive when compared to the wider world.
Title: Re: Race from 10 to 100k!!
Post by: Imma on November 21, 2020, 06:11:43 AM
I checked my ISA this morning. 

When the markets dropped earlier in the year I was 23% down on what I'd paid in.  Today I'm up 20% overall.  They're only modest amounts compared to some people on this forum, but none the less it's been a crazy year.

Same here. I'm not sure what the lowest low was exactly, it was somewhere in late March when several members of my family had Covid. But I opened thid account 1 Jan 2016 and I'm at +35% overall now. That's a steady 7% a year. I remember the morning after the Brexit referendum. I had only been investing for a few months and I was massively in the red and now that blip is literally invisble in the graph. Even the Covid dip will look tiny in a few years.

It's especially impressive when you consider the impact Brexit has had.  If it were a smooth, sensible transition, I wouldn't have been surprised.  But considering our government are making a pigs ear out of leaving the EU, I'd have expected European/British stocks to struggle.  I guess it shows that you can't predict the stock market in any scenario!

Hope things are ok in Holland btw!

Honestly I think the markets are still assuming everything will be worked out at the eleventh hour. If it isn't, we'll be in trouble and I can't imagine the stock markets not reacting if a deal becomes unlikely.

I know a bit about the customs part of Brexit due to my job and I am pretty much 100% certain that a no-deal situation would be a mess. On our side, I know an additional 1000 customs officers were hired and trained, and we think that should be enough, but I've heard UK Customs are behind on schedule and a lot of companies on both sides of the Channel aren't prepared either. And there are only weeks to go. It's in everyone's best interest to figure something out as sensible adults, but I guess they need to do it in a way that makes everyone feel like they've won.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on November 23, 2020, 06:43:07 AM
Monthly Update

My N/W increased by £2,450.86 to a new total of £39,073.12.  This is the second biggest monthly increase since I started tracking my N/W over 3 years ago.

Everything went well for my net worth this month.  The markets have gone mad and I was paid at pre-covid levels for the first time since March.  I think my target of hitting £40k by the end of the year is easily doable, however, there are a few hurdles.  My pay will go back down as we've gone back into lockdown in the UK.  I also think the stock market could face a correction soon.  I know it's counter-productive to try and time the market, but I don't think it's a great time to invest at the moment. 
Title: Re: Race from 10 to 100k!!
Post by: shinn497 on November 23, 2020, 10:37:45 AM
March 19 10450
Apr 19     12500
May 19    14800
June 19   17031
July 19    20100
Aug 19    23300
Sept 19   26300
Oct 19     29300
Nov 19    30500
Dec 19    33800
Jan 20     37100
Feb 20     37100
March 20 38413
Apr 20     32000
May 20     37000
June 20    42500
July 20     46300
Aug 20     50200
Sept 20     53400
Oct 20       55700
Nov 20      62000

Kind of surreal how much things picked up this year. I think continually investing in a broadly diversified set of ETFs helped a LOT. Gotta stay the ourse ;). I'm at the point where this is super easy as everything is automated Between betterment and fidelity. At this current path, I'll hit 100k+ in over a year.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on November 24, 2020, 03:50:18 AM
March 19 10450
Apr 19     12500
May 19    14800
June 19   17031
July 19    20100
Aug 19    23300
Sept 19   26300
Oct 19     29300
Nov 19    30500
Dec 19    33800
Jan 20     37100
Feb 20     37100
March 20 38413
Apr 20     32000
May 20     37000
June 20    42500
July 20     46300
Aug 20     50200
Sept 20     53400
Oct 20       55700
Nov 20      62000

Kind of surreal how much things picked up this year. I think continually investing in a broadly diversified set of ETFs helped a LOT. Gotta stay the ourse ;). I'm at the point where this is super easy as everything is automated Between betterment and fidelity. At this current path, I'll hit 100k+ in over a year.

Your N/W has doubled in the past year, that's so impressive.  If you can keep that trend up you'll be FI in no time ;)
Title: Re: Race from 10 to 100k!!
Post by: Imma on November 24, 2020, 04:57:20 AM
You are doing great @Manchester and @shinn497 !!

I'm also not sure that to do with my money right now. I was thinking of increasing my monthly automatic transfer to post-tax investments (currently €300) now I have started a better paid job, but I think I'll leave it like that for a bit and increase my emergency fund first. It's currently €3000 which covers 3 months of expenses, in these uncertain times I'd like to double it. I have an automatic transfer to my pre-tax retirement account too but I've nearly maxed out that one. So that means even more money available in a few months. I guess this is the very definition of a Mustachian People Problem!

Do you have any debts that make sense to pay off? My student loan is €4000 @ 0% and mortgage €65000 @2,25% (conservative estimate of LTV = 70%) so it makes little sense to pay those off faster than necessary.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on November 24, 2020, 07:05:27 AM
You are doing great @Manchester and @shinn497 !!

I'm also not sure that to do with my money right now. I was thinking of increasing my monthly automatic transfer to post-tax investments (currently €300) now I have started a better paid job, but I think I'll leave it like that for a bit and increase my emergency fund first. It's currently €3000 which covers 3 months of expenses, in these uncertain times I'd like to double it. I have an automatic transfer to my pre-tax retirement account too but I've nearly maxed out that one out. So that meass even more money available in a few months. I guess this is the very definition of a Mustachian People Problem!

Do you have any debts that make sense to pay off? My student loan is €4000 @ 0% and mortgage €65000 @2,25% (conservative estimate of LTV = 70%) so it makes little sense to pay those off faster than necessary.

Thanks. :)


If I were in your position I personally wouldn't pay down either of the loans.  I'd probably spend the next couple of months bolstering your emergency fund.

Best case scenario is that you have a solid E/F, with cash available and the markets stagnate or drop.  Worst case is that you have a solid E/F and you miss out on further gains in the market.  But the stronger your emergency fund, the better placed you are to make risky decisions that could benefit more long term.

My S/O recently persuaded her boss to give her a 15% pay rise.  She'd have never had the balls to ask previously, but between us we have very strong E/Fs and we knew if everything went wrong we'd be able to support one of us being out of work for a very, very long time.  So her strong E/F has earnt ourselves more than a gain in the stock market would have.
Title: Re: Race from 10 to 100k!!
Post by: okisok on November 28, 2020, 07:46:22 PM

July 1: $94,885
August 1: $99,157
September 1: $96,161
October 1: $92,650
November 1: $94,512
November 14: $101,023


It's official!
November 28th: $103,303.57

On to the next thread!
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on November 29, 2020, 10:06:34 AM

July 1: $94,885
August 1: $99,157
September 1: $96,161
October 1: $92,650
November 1: $94,512
November 14: $101,023


It's official!
November 28th: $103,303.57

On to the next thread!

Congratulations @okcisok !!!! You'll be through the next thread in no time!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on November 29, 2020, 02:50:54 PM

July 1: $94,885
August 1: $99,157
September 1: $96,161
October 1: $92,650
November 1: $94,512
November 14: $101,023


It's official!
November 28th: $103,303.57

On to the next thread!

Congratulations @okcisok !  Well done!
Title: Re: Race from 10 to 100k!!
Post by: Manchester on November 30, 2020, 06:16:30 AM

July 1: $94,885
August 1: $99,157
September 1: $96,161
October 1: $92,650
November 1: $94,512
November 14: $101,023


It's official!
November 28th: $103,303.57

On to the next thread!

Nice one!  Congratulations and good luck in the next thread.
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on November 30, 2020, 07:52:03 AM
                  401K   NW
1-1-2018     6455   24k
12-1-2018   9518   37k
4-1-2019    10960  49k
11-6-2019   13466  53k -start of race
12-29-19     14460   56k
2-02-20       14991  57k
3-01-20       14632   58k
4-01-20       13884   58k
5-01-20       17011   63k
6-01-20       19255   66.5k
7-01-20       20358   68.4k
8-01-20.      21993   70k
9-01-20       23312   72.3k
10-01-20      24777  74.4k
11-01-20      26407    75.7k

12-01-20      30697    81.5k

Did I mention the promotion? I think I mentioned the promotion... Woo, what a month's increase!
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on November 30, 2020, 09:32:37 AM
Tracking net worth.

EOY 12.2016 - (-£10,250)
EOY 12.2017 - £4,360
EOY 12.2018 - £40,620
EOY 12.2019 - £62,523
01.2020 - £64,537 (+2,314)
02.2020 - £65,716 (+1,179)
03.2020 - £66,908 (+1,192)
04.2020 - £67,146 (+238)
05.2020 - £69,691 (+2,545)
06.2020 - £70,554 (+863)
07.2020 - £71,934 (+1,432)
08.2020 - £75,051 (+3,117)
09.2020 - £77,109 (+2,058)
10.2020 - £79,787 (+2,678)
11.2020 - £81,680 (+1,893)
12.2020 - £82,420 (+740)

Assets = £84,216
Student loans = (£1,796)

Title: Re: Race from 10 to 100k!!
Post by: Imma on November 30, 2020, 11:06:01 AM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October: €11128.59
November: €11227,46
December: €11991,27
January: €12576,72
February: €11904,39
March: €10425,32
April: €11830,70
May: €12154,67
June: €14634,19
July: €15345,09
August: €16444,46
September: €17108,60
October: €16687,93
November: €17762,62

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

Started a new job, got a pay raise + some extra benefits. All in all that means that even though I "only" got a raise of about 10%, after tax I make about €1000 more than I used to. One reason is that my new employer pays 75% of my pension contribution, instead of 1/3 at my previous job. (I don't include my future pension in this thread because that would make the calculation way too complicated).

I filled up my pre-tax for this year and found something to do with my new found wealth: I spent it! Not all of it of course. But I decided to add a pair of boots to my impressive shoe collection (2 pairs of pumps for work, brogues, hiking shoes and snow boots) now the weather is getting colder. I can't believe I used to walk around in heels all day every day, even in winter. I've worn them less than 10 times since Covid. I also got a smartphone stand for video calls and I still need to buy a new laptop. Plus we got fancy take-away food twice this month. All in all I'm becoming a real spendypants ;-) . I always delay purchases as long as possible, but this raise was a good excuse to finally bite the bullet on a few of them.
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on November 30, 2020, 11:56:22 AM

July 2018: £20,385
October 2018: £24,504
January 2019: £25, 295
April 2019: £33,844
July 2019: £38,667
October 2019: £38,588
January 2020: £43,260
April  2020:  £38,094
July 2020: £49,062.35
August 2020: £50,172 just over halfway! :)
Sept 2020: £55,556
Oct 2020 : £56,42
Nov 2020: £57.565 absolute hammering in the markets this month!!!

Dec 2020 : £62,368

Christmas makes it a tough month to put a great deal away, lots of the gains between Nov and Dec were from market moves rather than new capital added.


Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on November 30, 2020, 02:24:39 PM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-    137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)

01/12/2020: 32.157,81 € (+2.182,04 €)

Sadly only about 500 € of the increase were due to savings, the rest was market gains and a large gain on the small crypto position which now suddenly is more than 10 % of my net worth. I made a purchase that I had been delaying for months and this somehow lead to a whole spending spree. At least most of the christmas spending is done now. Decided to give myself a monthly allowance that I can save up seperate to the fire stash for any non-essential wants, so that I don't feel like I'm depriving myself and end up splurging.
Title: Re: Race from 10 to 100k!!
Post by: Optimiser on November 30, 2020, 02:34:20 PM
Mar 2019 $14,000
Apr 2019 $12,700
May 2019 $9,500
Jun 2019 $11,500
Jul 2019 $17,000
Aug 2019 $19,900
Sep 2019 $19,900
Oct 2019 $26,200
Nov 2019 $34,500
Dec 2019 $37,200
Jan 2020 $43,700
Feb 2020 $45,400
Mar 2020 $45,300
Apr 2020 $52,800
May 2020 $59,400
Jun 2020 $63,400
Jul 2020 $70,900
Aug 2020 $78,500
Sep 2020 $80,700
Oct 2020 $80,300

Nov 2020 $108,900

What a crazy good month (or year really), although I can take basically no credit for it, at least not based on my actions in the last 30 days. My investment accounts were up about $9,000 and my home equity is up about $20,000 (I use the average of Zillow & Redfin). Normally I'd take the home equity increase with a big grain of salt, but my house is actually under contract right now for $12,000 more than what I'm using here. So I guess I'm on to the next thread. I can't believe that I was at $34,500 one year ago!

Thanks to everyone else in this thread for the support. And for those still here, keep at it, it will happen faster than you think!
Title: Re: Race from 10 to 100k!!
Post by: GatorNation on November 30, 2020, 06:05:29 PM
I can finally join this club.  At the beginning of the year, my wife and I decided to get our finances in order and work on paying down our massive student loans.  We make a combined income of approx. $200k.  We are in our early 30s with a young child.  Started the year with a -$106,695.56 net worth and 11 months later (Dec 1 2020) have a net worth of $16,441.11.  A $123k increase in overall NW.  Below is the breakdown.

Assets       Jan 1, 2020        Dec 1, 2020
W sav      $21,593.00           $22,458.00
H sav       $5,097.00            $10,086.00
W 401k   $13,596.22            $25,825.00
H 401k    $38,325.11           $54,615.48
W iras       $2,757.33            $3,157.00
H ira          $10,610.22        $12,147.51
W other     $10,510.00         $597.76
H other      $3,430.67           $3,927.48
H HSA       $5,133.69            $8,722.00
home value$277,250.00   $287,050.00
car value   $16,000.00   $14,856.00
Total        $404,303.24   $443,442.23

Liabilities            Jan 1, 2020      Dec 1, 2020
H student loan    $64,753.43       $0.00
W student loan   $246,590.47     $234,450.59
mortgage           $195,574.90     $192,550.53
Credit Card        $4,080.00         $0.00
Total                 $510,998.80   $427,001.12
      
NW                   -$106,695.56   $16,441.11
Title: Re: Race from 10 to 100k!!
Post by: Tass on November 30, 2020, 06:58:34 PM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k
Dec 18$22.4k
Jan 19$24.7k
Feb 19$27.2k
Mar 19$29.3k
Apr 19$31.3k
May 19$31.5k
Jun 19$33.3k
Jul 19$35.1k
Aug 19$36.7k
Sep 19$38.6k
Oct 19$40.2k
Nov 19$42.6k
Dec 19$44.6k
Jan 20$49.0k
Feb 20$46.5k
Mar 20$42.7k
Apr 20$47.5k
May 20$50.6k
Jun 20$53.5k
Jul 20$58.5k
Aug 20$63.0k
Sept 20$63.2k
Sept 20$62.9k

Nov 20: $69.9k

I was hoping to hit $66k by the end of the year and shot right past it instead, despite a slightly-below-target savings rate. I feel like I just hit $50k and I'm at $70k already??

EDIT: Market dropped at the last minute to put me barely below 70k. That's okay, I needed more time to adjust to the idea. ;)
Title: Re: Race from 10 to 100k!!
Post by: FrugalFukuoka on November 30, 2020, 07:35:40 PM
2019-Jan: $9500
2020-Jan: $25,000
2020-Dec: $54,000

Total savings rate for 2020 at 31% up from 22% last year.
Portfolio return also well above 10% which I am very happy about all things considering.

Very happy about the results, but I know I can do better.
Some unfortunate expenses there (1k on camping gear which we didn't use because the camping site was submerged in water, causing us to spend another 1k on accommodation).
We've also spent about 2k on DIY renovating our condo which will hopefully reflect when we try to sell it in a few years. For 2021 we're planning to re-do the kitchen. Currently also looking at about 2k for that.

Goal for 2021 is to definitely get us up to $80,000, which hopefully will prove to be a conservative estimate.
Title: Re: Race from 10 to 100k!!
Post by: Dave15 on December 01, 2020, 06:45:11 AM
25-6-2018            € 29.879,12 ------> Started Tracking
25-12-2018          € 41.939,62
26-12-2019          € 64.000,00
03-02-2020          € 72.170,00
28-02-2020          € 74.154,00
25-03-2020          € 71.579,00
09-05-2020          € 76.221,00
01-06-2020          € 78.816,00
02-08-2020          € 82.500,00
26-10-2020          € 91.218,00

Forgot to track for the last couple months, but everything is slowly moving in the right direction. Graduation might just happen in Q1 next year after all, so I've got tat to look (and work!) forward to during the second wave.

Good luck and lots of health to all the participants and readers on here!

25-6-2018            € 29.879,12 ------> Started Tracking
25-12-2018          € 41.939,62
26-12-2019          € 64.000,00
03-02-2020          € 72.170,00
28-02-2020          € 74.154,00
25-03-2020          € 71.579,00
09-05-2020          € 76.221,00
01-06-2020          € 78.816,00
02-08-2020          € 82.500,00
26-10-2020          € 91.218,00
01-12-2020          € 100.247,00

Received a €5k windfall, not totally unexpected but still rather shocking to see this push me over the finish line! Since I've done nothing to deserve this kind of luck, I've started donating a little something to a charity of my choice per month. Currently, I'm feeling very strange: happy, grateful but also a little bit like I've been running a marathon and within 5k from the finish line, some guy tells me to stop because I've already won. Well, onward and upward- and should the market crash once more in the coming months, I'll be back in this warm nest in no-time.

When I joined this thread in mid-2019, fresh out of the 50k savings one, I honestly thought I'd never make it out of here.

Thanks for all the encouragement and best of luck! This thread and its inhabitants are awesome!
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on December 01, 2020, 07:23:46 AM

2018
1/31 : (5949.05)
2/28 : (5288.30)
3/31 : (4273.93)
4/30 : (2592.07)
5/31 : (629.70)
6/30 : 1,206.77
7/31 : 2,703.97
8/31: 5,651.70
9/31: 8,039.01
10/31: 7,803.49
11/30: 9,531.28
12/31: 9,296.79

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

2020
1/31/2020: $44,514
2/29/2020: $48,891
3/31/2020: $46,104
4/30/2020: $52,720
5/31/2020: $55,177
6/30/2020: $59,720
7/31/2020: $65,792
8/31/2020: $71,970
9/30/2020: $72,466
10/31/2020: $72,288


11/30/2020: $80,093

Holy crap it was a good month. We closed on our new house this month and have started the renovation process for it. It is going to be a long process but I am excited for it!

The spread sheet has been updated and is ready to fill in: https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?usp=sharing

Congrats @Dave15  and @Optimiser see you in the next thread hopefully the first of next year!
Title: Re: Race from 10 to 100k!!
Post by: Gingersnaps on December 01, 2020, 07:51:54 AM
01/07/2020 - £75,523.86
01/08/2020 - £76,466.46
01/09/2020 - £79,690.65
01/10/2020 - £95,664.71
01/11/2020 - £97,515.00
01/12/2020 - £112,302.49

Wow, it's graduation time! I had a windfall, the market is nuts and I finally have access to 1 of my husbands accounts that I wasn't always getting a monthly update on.
Feel a little iffy about putting my windfall into the market as its so high but trying not to overthink it.

I'll see you on the next thread @okcisok @Optimiser and @Dave15, I like your idea of a charitable donation from your windfall and think I'll follow in your footsteps.
Title: Re: Race from 10 to 100k!!
Post by: mckaylabaloney on December 01, 2020, 08:39:15 AM
6/1/2020: $19,606.73
7/1/2020: $26,480.37
8/1/2020: $40,657.65
9/1/2020: $52,868.32
10/1/2020: $53,926.77
11/1/2020: $61,241.09
12/1/2020: $78,742.07

Crazy month in the markets (I'm up something like $14k over last month in gains alone). I feel like I say this all the time around here, but it's one thing to know that your investments will grow faster and faster over time, and another thing to see it happen. And I am just at the beginning of my investing life, really; I cannot quite imagine what my monthly gains might look like shortly before ER.

Congrats to @okcisok, @Optimiser, @Dave15, and @Gingersnaps! Everyone is killing it.
Title: Re: Race from 10 to 100k!!
Post by: Rosy on December 01, 2020, 11:12:10 AM
GOAL: $100K by Dec 31, 2021

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

$ 53,000 Jan 2020
$ 56,000 Feb 2020
$ 58,000 Mar 2020
$ 64,000 Apr 2020
$ 67,000 May 2020
$ 70,000 Jun  2020
$ 73,100 Jul   2020
$ 75,600 Aug 2020 - YAY! I broke $75K!
$ 80,000 Sep 2020 - Someone pinch me, I saved $30K since this January.
$ 81,800 Oct 2020
$ 82,600 Nov 2020
$ 85,000 Dec 2020

The projection for 2021 - 100K by July 2021.
We'll see...

@Imma - it is exciting and so satisfying to see us all gaining momentum, despite our struggles in the beginning:)
We really are getting there!

Title: Re: Race from 10 to 100k!!
Post by: shinn497 on December 01, 2020, 11:44:02 AM
(All dates at beginning of the month)

March 19 10450
Apr 19     12500
May 19    14800
June 19   17031
July 19    20100
Aug 19    23300
Sept 19   26300
Oct 19     29300
Nov 19    30500
Dec 19    33800
Jan 20     37100
Feb 20     37100
March 20 38413
Apr 20     32000
May 20     37000
June 20    42500
July 20     46300
Aug 20     50200
Sept 20     53400
Oct 20       55700
Nov 20      62000
Dec 20      66000

Nov was a nice month ;)
Title: Re: Race from 10 to 100k!!
Post by: haypug16 on December 01, 2020, 07:42:41 PM
November 2020 Update
3/31/2017 (52,848.85) - Found MMM
3/31/2018 $(14,916.69) - 1 year in
3/31/2019 $9,917.20 - 2 years in
3/31/2020 $22,896.16 - 3 years in
4/30/2020 $32,841.74
5/31/2020 $41,382.08
6/30/2020 $49,125.78
7/31/2020 $54,499.66
8/31/2020 $61,881.00
9/30/2020 $60,837.47
10/31/2020 $60,621.36
11/30/2020 $69,864.27

Haven't updated in a couple months. August through October were pretty flat but November made a come back. Hoping to finish off the year at $75k
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on December 03, 2020, 04:32:25 AM
01/07/2020 - £75,523.86
01/08/2020 - £76,466.46
01/09/2020 - £79,690.65
01/10/2020 - £95,664.71
01/11/2020 - £97,515.00
01/12/2020 - £112,302.49

Wow, it's graduation time! I had a windfall, the market is nuts and I finally have access to 1 of my husbands accounts that I wasn't always getting a monthly update on.
Feel a little iffy about putting my windfall into the market as its so high but trying not to overthink it.

I'll see you on the next thread @okcisok @Optimiser and @Dave15, I like your idea of a charitable donation from your windfall and think I'll follow in your footsteps.

Yaay congratulations, always such an inspiration to see someone graduate!
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on December 03, 2020, 07:47:24 AM
November 2019 - $33,081
December 2019 - $34,820
January 2020 - $36,392
February 2020 - $35,701
March 2020 - $32,466
April 2020 - $36,157
May 2020 - $38,540
June 2020 - $39,514
July 2020 - $42,207
August 2020 - $44,045
September 2020 - $44,514
October 2020 - $45,564

November 2020 - $50,152

HALFWAY THERE!!!!!  Holy crap the markets rebounded. 

Congrats to everyone graduating - you're an inspiration!  :)
Title: Re: Race from 10 to 100k!!
Post by: catorbe on December 03, 2020, 08:16:48 AM
I'm back up to about $54,750 so if you add our totals together we're there!

Excellent!!  Want to get married?  LOL.

We're not over 100k by much so it'll have to be a cheap courthouse wedding!

I'm up to almost $62,000 so as a couple we did great this month! LOLOL
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on December 03, 2020, 10:29:41 AM
I'm back up to about $54,750 so if you add our totals together we're there!

Excellent!!  Want to get married?  LOL.

We're not over 100k by much so it'll have to be a cheap courthouse wedding!

I'm up to almost $62,000 so as a couple we did great this month! LOLOL

Big high five, husband/wife!!!  Looks like we can afford a cheap honeymoon now!  :-D 
Title: Re: Race from 10 to 100k!!
Post by: jdhansen on December 03, 2020, 01:05:56 PM
6/14/2020  $50,099
7/1/2020    $51,768
8/1/2020    $56,146
9/5/2020    $59,010
10/2/2020  $62,038
10/30/2020 $61,623
12/3/2020  $70,606.90

Good progress for November, but that is most likely going to slow down as I've had to resign from my job earlier in the month.  Luckily my side gig provides enough to cover the bills, and I'll try to grow it but won't be able to put quite as much aside as before.  But that is why we save aggressively for times like these and I look forward to getting this back on track.

Welcome to the new posters and congrats to everyone for keeping up on the amazing progress.

Title: Re: Race from 10 to 100k!!
Post by: kaposzta on December 04, 2020, 09:40:52 AM
July 12, 2019: $66,565
Aug 1, 2019: $68,207 (+2.47%, +$1,642)
Aug 29, 2019: $69,931 (+2.53%, +$1,724)
Sept 29, 2019: $71,138 (+1.73%, +$1,207)
Oct 31, 2019: $71,517 (+0.53%, +$379)
Nov 29, 2019: $73,138 (+2.27%, +$1,621)
Jan 01, 2020: $74,276 (+1.56%, +$1,138)
Feb 06, 2020: $73,621 (-0.88%, -$655)
March 05, 2020: $74,517 (+1.22%, +$896)
No data for April, I lost my interest seeing the losses :)
May 05, 2020: $68,620 (-8.59%, -$5,897)
June 04, 2020: $70,345 (+2.51%, +$1,725)
July 02, 2020: $72,483 (+3.04%, +$2,138)
August 05, 2020: $74,655 (+3.00%, +$2,172)
Sept 03, 2020: $75,241 (+0.78%, +$586)
Oct 01, 2020: $77,551 (+3.07%, +$2,310)
Nov 05, 2020: $79,310 (+2.27%, +$1,759)
Dec 04, 2020: $81,241 (+2.43%, +$1,931)

Investments stagnated, spending skyrocketed (2 birthdays, 2 namedays (yeah, it's a thing in Hungary), Christmas presents, lots of groceries bought in advance, etc.), but domain sales were great. SR was terrible again, I'm hoping in a better one in December.

Title: Re: Race from 10 to 100k!!
Post by: 314159 on December 04, 2020, 05:29:43 PM
October 17: $83,855
December 3: $96,456 (number from yesterday because I typed this out but forgot to hit post)

Most of the increase is market gains - I think I've contributed about $4000 since October 17 spread over 401k and brokerage. I try not to check these things too often. :-)

Great job everyone, great to see recent graduates @Gingersnaps and @Dave15!
Title: Re: Race from 10 to 100k!!
Post by: sebi13 on December 05, 2020, 01:42:53 AM
I spent more this month than any month that did not include international travel expenses. Most of this was expected spending, but my groceries have been creeping up for a while, which I'd like to address.

How are you doing with your groceries spending? I'm also curious what specifically you changed to reduce them.
Title: Re: Race from 10 to 100k!!
Post by: sb510 on December 05, 2020, 06:40:34 AM
So inspiring! I'm 22 and relatively new to MMM. I'm aiming to hit $32-33k by Oct 2021. I've been a bit lucky in the past couple of months with some extra cash flowing in, but I'm hoping to keep my savings rate up. Hoping to learn a lot from all of you, and from committing to this challenge!

(Start of)
Oct 2020: $4,757
Nov 2020: $7,823
Dec 2020: $10,385 (Started MMM $100k challenge)
Title: Re: Race from 10 to 100k!!
Post by: hal on December 05, 2020, 12:56:40 PM
First time poster to this challenge. I'm going to count my investment accounts for this challenge. We also have cash on hand as an emergency fund and for short term savings (about $25k) that my SO would rather not invest... fair enough. We have been tracking for several months but just now joining the challenge.

Aug 2020   $ 7,009.45
Sep 2020   $11,791.74
Oct 2020   $31,492.96*
Nov 2020   $41,576.98


*rollover IRA from teaching pension funds
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on December 06, 2020, 12:44:40 PM
So inspiring! I'm 22 and relatively new to MMM. I'm aiming to hit $32-33k by Oct 2021. I've been a bit lucky in the past couple of months with some extra cash flowing in, but I'm hoping to keep my savings rate up. Hoping to learn a lot from all of you, and from committing to this challenge!

(Start of)
Oct 2020: $4,757
Nov 2020: $7,823
Dec 2020: $10,385 (Started MMM $100k challenge)

Welcome to the club, stick with it and the progress will come faster than expected!
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on December 06, 2020, 12:45:57 PM
First time poster to this challenge. I'm going to count my investment accounts for this challenge. We also have cash on hand as an emergency fund and for short term savings (about $25k) that my SO would rather not invest... fair enough. We have been tracking for several months but just now joining the challenge.

Aug 2020   $ 7,009.45
Sep 2020   $11,791.74
Oct 2020   $31,492.96*
Nov 2020   $41,576.98


*rollover IRA from teaching pension funds

Welcome! You've already made some serious progress this year!
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on December 06, 2020, 02:53:41 PM
Student Loan Debt:

01/12/19: $43,762
05/04/20: $21,456
11/09/20: $21,456
12/05/20: $21,456


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739
06/05/20: $18,006 ($7,267)
07/05/20: $8,594 (-$9,412)
08/05/20: $9,084 ($490)
09/01/20: $13,497 ($4,413)
10/01/20: $12,283 (-$1,214)
11/01/20: $15,692 ($3,409)
12/05/20: $19,528 ($3,836)

Paid off the last expected, large expense this month, should see an increase in savings to begin the new year!
Title: Re: Race from 10 to 100k!!
Post by: soily on December 07, 2020, 07:34:08 AM
                    401K          IRA          Total
Jan 2018:   $1,050        $1,230      $2,280
Jan 2019:   $6,800        $3,500      $10,300
Jan 2020:   $12,100      $6,600      $18,700
Feb 2020:   $12,500      $6,500      $18,000
Mar 2020:   $12,700      $6,100      $18,800
Apr 2020:   $12,100      $5,100      $17,200
Aug 2020:  $21,200       $6,800     $28,000
Nov 2020:  $29,000       $7,500     $36,500

Hopefully I'll start contributing to my IRA in January. My discretionary spending has been a little out of hand.
Title: Re: Race from 10 to 100k!!
Post by: hal on December 08, 2020, 06:33:12 AM
First time poster to this challenge. I'm going to count my investment accounts for this challenge. We also have cash on hand as an emergency fund and for short term savings (about $25k) that my SO would rather not invest... fair enough. We have been tracking for several months but just now joining the challenge.

Aug 2020   $ 7,009.45
Sep 2020   $11,791.74
Oct 2020   $31,492.96*
Nov 2020   $41,576.98


*rollover IRA from teaching pension funds

Welcome! You've already made some serious progress this year!

Thank you! We had some cash tied up from when I was job hunting, so that certainly helped when I could dump some in the market. It was bizarre starting to invest more heavily right as the markets went skyward at the end of the year.
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on December 09, 2020, 05:44:52 PM

I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big. My checking account is also not included as it has money I will likely spend this month. Goal for 2020 is to make it to $75K.

Net worth:
2017:
Dec2017:$7800
2018
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658
Nov2018: $23,948 (+$290)
Dec2018: $23,960 (+12)
2019
Jan2019: $27,100 (+3140)
Feb2019: $29,443 (+2343)
Mar2019: $31,603 (+2160)
Apr2019: $33,959 (+2356)
May2019: $33,933 (-$26)
Jun2019: $37,928 (+3995)
Jul2019: $39,736 (+1808)
Aug2019: $39,918 (+182)
Sep2019: $34,179 (-5739)
Oct2019: $38,091 (+3912)
Nov2019: $39,867 (+1776)
Dec2019: $43836 (+$3968)
2020
Jan2020:$45,839 (+$2003)
Feb2020:$43,345 (-$2494)
Mar2020:$39,081 (-$4264)
Apr2020:$47,551 (+$9470)
May2020:$51,613 (+$4,061)
Jun2020:$56,760 (+$5147)
Jul2020:$61,567 (+$4,807)
Aug2020:$68,102 (+$6,535)
Sep2020:$68,212(+$109)
Oct2020:$68,976 (+$763)
Nov2020: $76,790.63 (+$7,814.4) Yippee! Hit my goal for the year! I am a bit late posting as I just got a new computer, but the number were taken from the end of November for the most part. With a little luck, I should be able to hit the 100k goal easily next year.
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on December 10, 2020, 12:29:24 PM
November 2020 Update
3/31/2017 (52,848.85) - Found MMM
3/31/2018 $(14,916.69) - 1 year in
3/31/2019 $9,917.20 - 2 years in
3/31/2020 $22,896.16 - 3 years in
4/30/2020 $32,841.74
5/31/2020 $41,382.08
6/30/2020 $49,125.78
7/31/2020 $54,499.66
8/31/2020 $61,881.00
9/30/2020 $60,837.47
10/31/2020 $60,621.36
11/30/2020 $69,864.27

Haven't updated in a couple months. August through October were pretty flat but November made a come back. Hoping to finish off the year at $75k

Wow, $130k in improvement in just over 3 1/2 years. Not too shabby, @haypug16
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on December 10, 2020, 12:30:24 PM
                    401K          IRA          Total
Jan 2018:   $1,050        $1,230      $2,280
Jan 2019:   $6,800        $3,500      $10,300
Jan 2020:   $12,100      $6,600      $18,700
Feb 2020:   $12,500      $6,500      $18,000
Mar 2020:   $12,700      $6,100      $18,800
Apr 2020:   $12,100      $5,100      $17,200
Aug 2020:  $21,200       $6,800     $28,000
Nov 2020:  $29,000       $7,500     $36,500

Hopefully I'll start contributing to my IRA in January. My discretionary spending has been a little out of hand.

Way to go @soily.  It is SO cool that you are jumping on this, keep it up
Title: Re: Race from 10 to 100k!!
Post by: mgardner88 on December 10, 2020, 01:26:23 PM
7/1/2020: $46,295
8/1/2020: $49,461 (+3,166)
9/1/2020: $51,488 (+2,027)
10/1/2020: $52,753 (+1,265)
11/1/2020: $53,942 (+1,189)
12/1/2020: $56,152 (+2,210)

Finally paid off the last of our debts so savings rate should go up in January. But also have some pretty big home expenses coming up in the spring aka a new roof :(
Title: Re: Race from 10 to 100k!!
Post by: mountain mustache on December 11, 2020, 06:15:05 AM

10/02/2020- $14835.83
11/13/2020- $16110.56
12/11/2020- $16675.72

I felt like all I did was spend money the past month, so pretty surprised there is any increase at all. I picked up a side job, so I'm excited to start making bigger saving progress every month!
Title: Re: Race from 10 to 100k!!
Post by: catorbe on December 11, 2020, 08:08:19 AM
I broke over $10,000 on 9/9/2018. I'm up to $25k as of 2/17/2019.

All said, I'm increasing my NW by about 2k a month based on those figures and would hit 100k in about 37 months putting it out to about March 2022. I believe with an upcoming raise, bonus, and other small windfalls that come and go, I'm looking at a goal of December 31st 2021 to hit 100k. Current salary is 49k.

This is a portion of my first post into this thread, and surprisingly my goal is still on track fairly accurately as of now. Lots of things have changed, but the NW is about 62,000 so doing good!
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on December 11, 2020, 10:21:26 AM
7/1/2020: $46,295
8/1/2020: $49,461 (+3,166)
9/1/2020: $51,488 (+2,027)
10/1/2020: $52,753 (+1,265)
11/1/2020: $53,942 (+1,189)
12/1/2020: $56,152 (+2,210)

Finally paid off the last of our debts so savings rate should go up in January. But also have some pretty big home expenses coming up in the spring aka a new roof :(

Congratulations, elimination of debt is a huge milestone!
Title: Re: Race from 10 to 100k!!
Post by: Imma on December 12, 2020, 03:32:30 AM
Woohoo, xmas-bonus :)

i noticed some EUR and GBP being thrown around. Are you guys racing to 100k in your local currency or converting to USD like i do?

I'm going for 100k in €. That's a bit more than 100k $ at this point, but if I would convert the amounts to $ every month, my progress would be linked to the exchange rate.
Title: Re: Race from 10 to 100k!!
Post by: Feivel2000 on December 12, 2020, 03:16:15 PM
Woohoo, xmas-bonus :)

i noticed some EUR and GBP being thrown around. Are you guys racing to 100k in your local currency or converting to USD like i do?

In Euro. But good point, in $ it would be (currently) easier...
Title: Re: Race from 10 to 100k!!
Post by: Manchester on December 14, 2020, 05:49:33 AM
Woohoo, xmas-bonus :)

i noticed some EUR and GBP being thrown around. Are you guys racing to 100k in your local currency or converting to USD like i do?

I use GBP and I'm aiming for £100k, rather than $100k.  It's more simple if I keep everything, including targets & goals, in my local currency.
Title: Re: Race from 10 to 100k!!
Post by: haypug16 on December 14, 2020, 01:15:32 PM

Wow, $130k in improvement in just over 3 1/2 years. Not too shabby, @haypug16

Thanks :) I'm pretty proud. For a while I was heading in the oppisite direction but really happy to have found MMM and worked hard to turn things around.
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on December 14, 2020, 03:13:23 PM

Wow, $130k in improvement in just over 3 1/2 years. Not too shabby, @haypug16

Thanks :) I'm pretty proud. For a while I was heading in the oppisite direction but really happy to have found MMM and worked hard to turn things around.

@haypug16 Yeah I get it. It's like we're riding this wave of life, and we're trying to fill up our buckets with water (ie savings/investing) while also trying not to get knocked overboard or sunk (expenses etc). It can feel a little like trying to build a house on quicksand, lol... Yet we need to keep doing what we know to do, trusting we are on the perfect sand on the beachfront building our dream home.

Life is a trip, and you are doing great!
Best
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on December 14, 2020, 03:14:40 PM
7/1/2020: $46,295
8/1/2020: $49,461 (+3,166)
9/1/2020: $51,488 (+2,027)
10/1/2020: $52,753 (+1,265)
11/1/2020: $53,942 (+1,189)
12/1/2020: $56,152 (+2,210)

Finally paid off the last of our debts so savings rate should go up in January. But also have some pretty big home expenses coming up in the spring aka a new roof :(

Way to go @mgardner88
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on December 15, 2020, 12:42:50 AM
Tracking investments, emergency fund and additional pension investments (all to be used to retire together with SO!)
(not tracking company pension investments, house value and current accounts)

15 May 2020: EUR 17,034
15 Jun 2020: EUR 18,160
15 July 2020: EUR 18,809
5 August 2020: EUR 18,332
10 September 2020: EUR 18,999
15 October 2020: EUR 19,604
13 November 2020: EUR 22,707
15 December 2020: EUR 23,325

All Christmas shopping is done, and still an increase this month! No yearend bonus here (Covid impact, I'm just glad my job still exists) but did a transfer from my emergency fund to my pre-tax pension. This will give a nice tax refund next year. Now back to fully funding my emergency fund in 2021, while keeping a small increase in my investments.
Now we're back in a more strict lockdown here in Dutchieland, so no extreme spending in the next couple of weeks. Just the ordinary grocery shopping once a week.

All graduates: congrats! We hope to be able to follow you soon for the next challenge.
All newbies: welcome. You already reached the first 10K. This is the boring period where we only continue doing what we started to get to the first 10K in order to get to 100K.

Wishing you all a healthy holiday period and see you in 2021! (my goal for 2021 is EUR 35K...... there, I said it......)
Title: Re: Race from 10 to 100k!!
Post by: mgardner88 on December 15, 2020, 12:49:28 PM
7/1/2020: $46,295
8/1/2020: $49,461 (+3,166)
9/1/2020: $51,488 (+2,027)
10/1/2020: $52,753 (+1,265)
11/1/2020: $53,942 (+1,189)
12/1/2020: $56,152 (+2,210)

Finally paid off the last of our debts so savings rate should go up in January. But also have some pretty big home expenses coming up in the spring aka a new roof :(

Congratulations, elimination of debt is a huge milestone!

Thank you! Hate that i let it hang around so long. glad that its gone.
Title: Re: Race from 10 to 100k!!
Post by: mgardner88 on December 15, 2020, 12:51:12 PM
7/1/2020: $46,295
8/1/2020: $49,461 (+3,166)
9/1/2020: $51,488 (+2,027)
10/1/2020: $52,753 (+1,265)
11/1/2020: $53,942 (+1,189)
12/1/2020: $56,152 (+2,210)

Finally paid off the last of our debts so savings rate should go up in January. But also have some pretty big home expenses coming up in the spring aka a new roof :(

Way to go @mgardner88

Thank you DieHard! Cant wait to funnel all that payment into something more productive
Title: Re: Race from 10 to 100k!!
Post by: Feivel2000 on December 15, 2020, 02:06:50 PM
103.130 €
+ 6.173 €

~3.000 € of the increase comes from updating my Unit-Linked Life Insurance. I am saving 281 € into this thing every month but only get the current amount once or twice per year. The rest was saving and market increase.
Thank you everyone for having me here, I am going to the next thread, even though I am only a small reset away from falling back... Participating here is sooo rewarding!

Next year I am shooting for a 50% savings rate. I am going to create a Case Study (or Journal). See you all at the next thread!


          2020
          2021
          2022
          2023
Jan
-
-
-
-
Feb
-
-
-
-
Mar
-
-
-
-
Apr
-
-
-
-
May
-
-
-
-
Jun
-
-
-
-
Jul
87.134 €
-
-
-
Aug
88.989 €
-
-
-
Sept
90.473 €
-
-
-
Oct
90.093 €
-
-
-
Nov
96.957 €
-
-
-
Dec
103.130 €
-
-
-


Spoiler: show
        Assets
             
         Debts
             
Flat
+ 84.000 €
Mortage
- 76.083 €
Unit-Linked Life Insurance
+ 50.288 €
Fixed-Term Deposit
+ 2.000 €
ETFs
+ 27.628 €
Stockpicks
+ 8.809 €
Peer-To-Peer
+ 2.559 €
Crypto
+ 3.929 €
Title: Re: Race from 10 to 100k!!
Post by: TerrierTown on December 15, 2020, 04:50:19 PM
Hi all, first post!

01 Jun 2019 NW £44,112
01 Jul 2019 NW £46,737
02 Apr 2020 NW £61,865
15 Aug 2020 NW £73,912
15 Dec 2020 NW £80,781
Title: Re: Race from 10 to 100k!!
Post by: Feivel2000 on December 15, 2020, 10:29:17 PM
You've already reached 100k in $$$.
Congratulations!
Title: Re: Race from 10 to 100k!!
Post by: Manchester on December 16, 2020, 04:02:41 AM
Congrats @Feivel2000

Good luck in the next thread! :)
Title: Re: Race from 10 to 100k!!
Post by: Manchester on December 18, 2020, 09:25:12 AM
Slightly earlier update than normal as I get paid early next week ahead of Christmas.

My N/W has increased by £1,629.06 to a new total of £40,702.18.

As I've been furloughed recently my pay had decreased again, so my tangible cash has reduced slightly, but my investments are up.  So thanks to the crazy market I've hit my goal of surpassing £40k this year.

I can't help but feel like this has been a wasted year.  My N/W only rose by £12,400.  The pandemic has cost me tens of thousands of pounds in wages.  My wedding had been pushed back a year (which was a shame as we both wanted to start our family ASAP).  Although it's frustrating I also realise I'm in a very fortunate position where I'm not concerned about money.  Finding MMM over 3 years ago has undoubtedly prepared me for this period. 

I'm hoping that 2021 is more positive for everyone.  For me personally I want to make a bigger improvement than this year, and my incredibly ambitious target is for my N/W to grow by £25k. 

Merry Christmas to you all and thank you for the encouragement over the past 12 months.
Title: Re: Race from 10 to 100k!!
Post by: dizzy on December 20, 2020, 06:53:51 PM
Got some paychecks on the way!

Oct 2019- $1000
Nov 2019- $2340
Dec 2019- $2779
Jan 2020- $5658
Feb 2020- $5539
Mar 2020- $5024
Apr 2020- $5444
May 2020- $8302  (wherein I finally got some of unemployment)
June 2020- $20864 (wherein I got more unemployment plus the EIDL)
mid July 2020- $31724 (got the rest of the backpay, woohoo!)
7/31/20- $33340
9/2/20- $36366
9/17/20 - $42978
10/2/20- $43800
10/31/20- $47854
11/11/20- $53709
12/23/20- $64158

Paychecks should be here no later than this Weds- works said they would submit early.
Finally got paid for a gig the first week of September.  Realized also that I hadn't been counting crypto investments which is another cool $960.  Nothing major.  I had a bunch of housecalls although it's now ended.  Couple nice end of year tips from patients which is awesome (also a generous Etsy gift card which is super perfect...tho I'm going to save it for the wedding-or-whatever-we're-calling-it stash)
Don't plan to have any more income after Wednesday- taking some well-deserved time off in the woods to rest up for the new year.

I will say I've been lazy tho with bank bonuses lately, but my partner is wanting me to help him and it's a reminder to get on it myself.  I did a ton in the first half of the year but not as much since.

Woo-ness.  Happy holidays- y'all keep crushing it into 2021.
Title: Re: Race from 10 to 100k!!
Post by: triple7stash on December 28, 2020, 07:52:51 AM
Hi Everyone! First post :)

Thought I'd throw my hat in the ring.  Mainly so I could track my 457/401k in a consolidated place for easy viewing month over month.

12/28/2020 - $62,783
Title: Re: Race from 10 to 100k!!
Post by: hal on December 28, 2020, 12:48:20 PM
Got some paychecks on the way!

Oct 2019- $1000
Nov 2019- $2340
Dec 2019- $2779
Jan 2020- $5658
Feb 2020- $5539
Mar 2020- $5024
Apr 2020- $5444
May 2020- $8302  (wherein I finally got some of unemployment)
June 2020- $20864 (wherein I got more unemployment plus the EIDL)
mid July 2020- $31724 (got the rest of the backpay, woohoo!)
7/31/20- $33340
9/2/20- $36366
9/17/20 - $42978
10/2/20- $43800
10/31/20- $47854
11/11/20- $53709
12/23/20- $64158

Paychecks should be here no later than this Weds- works said they would submit early.
Finally got paid for a gig the first week of September.  Realized also that I hadn't been counting crypto investments which is another cool $960.  Nothing major.  I had a bunch of housecalls although it's now ended.  Couple nice end of year tips from patients which is awesome (also a generous Etsy gift card which is super perfect...tho I'm going to save it for the wedding-or-whatever-we're-calling-it stash)
Don't plan to have any more income after Wednesday- taking some well-deserved time off in the woods to rest up for the new year.

I will say I've been lazy tho with bank bonuses lately, but my partner is wanting me to help him and it's a reminder to get on it myself.  I did a ton in the first half of the year but not as much since.

Woo-ness.  Happy holidays- y'all keep crushing it into 2021.

This is awesome progress in just over a year! Impressive!
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on December 29, 2020, 12:50:36 PM


Our Investments and Savings (not including checking accounts)

9/28/18  - $22,949
10/28/18 - $23,952
11/28/18 - $27,878
1/28/19 - $28,853
2/28/19 - $31,682
3/28/19 - $32,684
4/28/19 - $35,011
5/28/19 - $35,838
6/28/19 - $38,276
7/28/19 - $40,607
8/28/19 - $40,508
9/28/19 - $42,168
10/28/19 -$42,209
11/28/19 - $44,478
12/28/19 -$46,408
1/28/20 - $49,115
2/28/20 - $50,466
3/28/20 - $48,609
4/28/20 - $55,026
5/28/20 - $59,256
6/28/20 - $60,807
7/28/20 - $64,342
8/28/20 - $65,454
9/28/20 -  $65,495
10/28/20 - $67,282
11/28/20 - $70,737
12/28/20 - $72,895

$50k improvement in our NW in 2 1/4 years. :)

Today for the first time ever I set aside 30% of my gross income for investments and savings.  I admit I was a little nervous
about it, it feels like letting go of the oars a bit and trusting that all will work out.  But I'm thrilled.
 Score for increased savings rate!




Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on December 29, 2020, 01:03:00 PM


Next year I am shooting for a 50% savings rate. I am going to create a Case Study (or Journal). See you all at the next thread!


Great job @Feivel2000.  Congrats and keep it going
Title: Re: Race from 10 to 100k!!
Post by: 0tp on December 29, 2020, 06:55:22 PM
Hi all,

New to the forum, but been working on FIRE for the past 2 years. I graduated from college in december 2018, and started an engineering job end of january 2019, I am 25 now. I started off with pretty much no savings (< $5K), around $10K in credit card debt and ~30K in student loans, and moved to a new town to start my job. Luckily I have a killer deal for rent ($265/mo + $80-100 in utilities, due to splitting with 1 roommate), paid cash for a $3.5K car in december 2018 that's been pretty reliable (on the MMM list :)). Bought a car because I live 5-10 miles from work, work is a chemical plant so I hope I get excused for not wanting to live right next to it lol, no properties for rent nearby anyways.

Since a year before graduating I knew FIRE was one of my top goals, prior to that I did not save as much as I could have in college. Even though I went to community college I kinda spent all the extra money on weed and going out, and then once I transferred I lived in a studio for 2 years instead of having roommates. But hey at least I found this path before getting a job.

I'm making good money ($75K starting, now at $82.5K + bonus ($5K this year)), and saving a lot of it. Employer matches 5% of salary plus $5K/yr on 401K. Really started buckling down this year, maxing 401K and roth IRA in addition to investing what's left over. I'd say I earn the money, technically on call 24/7 and can be a stressful job, but average <50 hr/week. Managed to invest a lot of cash right around the COVID dip, and also refinanced my 401K to be 100% VTI equivalent right around then... Sitting at around 12% ROI for the year, all stocks.

Date                  Bank        Brokerage   401k    roth         student loans   Net
12/29/2019   2389           19835   52506   16500   -20000   71230
7/4/2020         4169            9746   30107   11721   -20000   35743
12/1/2019          11013   0          16159   1054           -26500   1726


Target NW is $500K, goal is to live off <$20K/yr. Also planning on helping mom  for her retirement (~$500/mo). Not sure what my savings rate is right now since I don't follow a budget, but I'm mostly optimized relative to my income. Based on my calculations I should reach that NW around age 30-31, but I guess a lot of things can change by then. Also goal isn't to necessary RE at that age - I'd honestly be happy doing something like baristaFIRE for a few years.

Comments on a few spending categories
- cell phone (on ATT plan,pay $40/month, in theory can cut to $20 with mint given my usage and looking at doing that soon - edit: phone isn't compatbile with mint, will probably wait for mine to be dead prior to switching)
- car use (can WFH 50% of the time, don't bike as often as I could since 5-10 miles each way is above comfort range + midwest winter). Somewhat clown, but I bike for errands ~2-3x/week in non-winter months.
-utilities: internet is $50/month for the cheapest fiber option, and then the $150 is just for electricity which is high (split between 2). It's a smallish apartment, not sure what we can do to improve significantly, but plan on doing more investigating this year. - edit: realized my electric bill is around $75/mo, remaining $75 is water, sewage and taxes.
- food: I eat a vegetarian diet which is cheap, don't eat out too frequently (~1-2x/month) since there aren't that many worthwhile options, and when I do it's fast food. My 'splurging' on food would consist of grocery store bought processed food and liquids but I've been getting better about cutting those off
- mindless consumption: I am prone to buying dumb things I don't need or will use. Getting better, and will hopefully continue being considerate for my wallet and the planet. This is where my biggest opportunity is I think (1-3K/yr), I'm going to start budgeting to better understand it.
-travel: I am sort of over travel even pre covid. I still have to travel 1-2x/yr to see family, and outside of that would probably do a vacation somewhere 1-2x/yr with my SO, but nothing expensive.
- student loans: are at 4.5%, I'd refinance but doesn't make sense with the interest/payment moratorium and political climate. As soon as those are lifted I'll probably pay off $10K and refi the remaining 10 (getting ~2.7% fixed rate refi offer on credible/MMM link), unless student loan forgiveness is picking up steam...


Pretty proud of this year, hope I can keep it up :)
Title: Re: Race from 10 to 100k!!
Post by: regenaeb on December 30, 2020, 10:13:32 AM
Well I officially hit $10,000 at the end of last month, but waited until the end of this month to post in the new thread. I am super happy to be moving on up to this thread.

11/30/20 - SEP Balance $ 15524.45 + Roth $ 1770.76 - Student loan balance $ 6897.45 = $ 10,397.76
12/30/20 - SEP Balance $ 16106.09 + Roth $ 1813.94 - Student loan balance $ 6306.71 = $ 11,613.32

Hoping 2021 is a great year for saving!
Title: Re: Race from 10 to 100k!!
Post by: hal on December 30, 2020, 11:28:21 AM
Hi all,

New to the forum, but been working on FIRE for the past 2 years. I graduated from college in december 2018, and started an engineering job end of january 2019, I am 25 now. I started off with pretty much no savings (< $5K), around $10K in credit card debt and ~30K in student loans, and moved to a new town to start my job. Luckily I have a killer deal for rent ($265/mo + $80-100 in utilities, due to splitting with 1 roommate), paid cash for a $3.5K car in december 2018 that's been pretty reliable (on the MMM list :)). Bought a car because I live 5-10 miles from work, work is a chemical plant so I hope I get excused for not wanting to live right next to it lol, no properties for rent nearby anyways.

Since a year before graduating I knew FIRE was one of my top goals, prior to that I did not save as much as I could have in college. Even though I went to community college I kinda spent all the extra money on weed and going out, and then once I transferred I lived in a studio for 2 years instead of having roommates. But hey at least I found this path before getting a job.

I'm making good money ($75K starting, now at $82.5K + bonus ($5K this year)), and saving a lot of it. Employer matches 5% of salary plus $5K/yr on 401K. Really started buckling down this year, maxing 401K and roth IRA in addition to investing what's left over. I'd say I earn the money, technically on call 24/7 and can be a stressful job, but average <50 hr/week. Managed to invest a lot of cash right around the COVID dip, and also refinanced my 401K to be 100% VTI equivalent right around then... Sitting at around 12% ROI for the year, all stocks.

Date                  Bank        Brokerage   401k    roth         student loans   Net
12/29/2019   2389           19835   52506   16500   -20000   71230
7/4/2020         4169            9746   30107   11721   -20000   35743
12/1/2019          11013   0          16159   1054           -26500   1726


Target NW is $500K, goal is to live off <$20K/yr. Also planning on helping mom  for her retirement (~$500/mo). Not sure what my savings rate is right now since I don't follow a budget, but I'm mostly optimized relative to my income. Based on my calculations I should reach that NW around age 30-31, but I guess a lot of things can change by then. Also goal isn't to necessary RE at that age - I'd honestly be happy doing something like baristaFIRE for a few years.

Comments on a few spending categories
- cell phone (on ATT plan,pay $40/month, in theory can cut to $20 with mint given my usage and looking at doing that soon - edit: phone isn't compatbile with mint, will probably wait for mine to be dead prior to switching)
- car use (can WFH 50% of the time, don't bike as often as I could since 5-10 miles each way is above comfort range + midwest winter). Somewhat clown, but I bike for errands ~2-3x/week in non-winter months.
-utilities: internet is $50/month for the cheapest fiber option, and then the $150 is just for electricity which is high (split between 2). It's a smallish apartment, not sure what we can do to improve significantly, but plan on doing more investigating this year. - edit: realized my electric bill is around $75/mo, remaining $75 is water, sewage and taxes.
- food: I eat a vegetarian diet which is cheap, don't eat out too frequently (~1-2x/month) since there aren't that many worthwhile options, and when I do it's fast food. My 'splurging' on food would consist of grocery store bought processed food and liquids but I've been getting better about cutting those off
- mindless consumption: I am prone to buying dumb things I don't need or will use. Getting better, and will hopefully continue being considerate for my wallet and the planet. This is where my biggest opportunity is I think (1-3K/yr), I'm going to start budgeting to better understand it.
-travel: I am sort of over travel even pre covid. I still have to travel 1-2x/yr to see family, and outside of that would probably do a vacation somewhere 1-2x/yr with my SO, but nothing expensive.
- student loans: are at 4.5%, I'd refinance but doesn't make sense with the interest/payment moratorium and political climate. As soon as those are lifted I'll probably pay off $10K and refi the remaining 10 (getting ~2.7% fixed rate refi offer on credible/MMM link), unless student loan forgiveness is picking up steam...


Pretty proud of this year, hope I can keep it up :)

Welcome! you sound well on your way. I'm envious about when you found FIRE and started your journey. Your low rent is amazing.
Title: Re: Race from 10 to 100k!!
Post by: hal on December 31, 2020, 08:50:30 AM
Overall, not a bad pace. Looking forward to 2021. These are measured on the morning of the last day of the month. Hoping to meet the $100k invested goal in 2021. Pace may slow a tad because I had some cash sitting aside to invest... my savings rate in December was 83% and that is unlikely to hold. I'll probably be more about 65% savings rate per month in 2021. I also recognize that the cash amount on hand may seem high, but I normally invest ~4k on the first few days of the next month.

Onward!

MonthInvested TNW
Aug 2020$7,009.45$44,173.61
Sep 2020$11,791.74$44,286.81
Oct 2020$31,492.96$64,282.56
Nov 2020$41,576.98$73,480.24
Dec 2020$50,880.91$81,261.12
Title: Re: Race from 10 to 100k!!
Post by: shinn497 on December 31, 2020, 09:32:57 AM
March 19 10450
Apr 19     12500
May 19    14800
June 19   17031
July 19    20100
Aug 19    23300
Sept 19   26300
Oct 19     29300
Nov 19    30500
Dec 19    33800
Jan 20     37100
Feb 20     37100
March 20 38413
Apr 20     32000
May 20     37000
June 20    42500
July 20     46300
Aug 20     50200
Sept 20     53400
Oct 20       55700
Nov 20      62000
Dec 20      66300
Jan 21       71500

Welp posting my Jan numbers a day early but I Don't see much changing in between now and tomo.  2020 was a good year :D
Title: Re: Race from 10 to 100k!!
Post by: GatorNation on December 31, 2020, 09:54:23 AM
I can finally join this club.  At the beginning of the year, my wife and I decided to get our finances in order and work on paying down our massive student loans.  We make a combined income of approx. $200k.  We are in our early 30s with a young child.  Started the year with a -$106,695.56 net worth and 11 months later (Dec 1 2020) have a net worth of $16,441.11.  A $123k increase in overall NW.  Below is the breakdown.

Assets       Jan 1, 2020        Dec 1, 2020
W sav      $21,593.00           $22,458.00
H sav       $5,097.00            $10,086.00
W 401k   $13,596.22            $25,825.00
H 401k    $38,325.11           $54,615.48
W iras       $2,757.33            $3,157.00
H ira          $10,610.22        $12,147.51
W other     $10,510.00         $597.76
H other      $3,430.67           $3,927.48
H HSA       $5,133.69            $8,722.00
home value$277,250.00   $287,050.00
car value   $16,000.00   $14,856.00
Total        $404,303.24   $443,442.23

Liabilities            Jan 1, 2020      Dec 1, 2020
H student loan    $64,753.43       $0.00
W student loan   $246,590.47     $234,450.59
mortgage           $195,574.90     $192,550.53
Credit Card        $4,080.00         $0.00
Total                 $510,998.80   $427,001.12
      
NW                   -$106,695.56   $16,441.11

Today's net worth: $26k
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on December 31, 2020, 02:04:29 PM
December 2019 - $34,820
January 2020 - $36,392
February 2020 - $35,701
March 2020 - $32,466
April 2020 - $36,157
May 2020 - $38,540
June 2020 - $39,514
July 2020 - $42,207
August 2020 - $44,045
September 2020 - $44,514
October 2020 - $45,564
November 2020 - $50,152

December 2020 - $52,356

It feels really good to be over halfway now.  I started from zero in the beginning of 2017, so that's 4 years of progress. 
Title: Re: Race from 10 to 100k!!
Post by: Tass on January 01, 2021, 12:31:37 AM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k
Dec 18$22.4k
Jan 19$24.7k
Feb 19$27.2k
Mar 19$29.3k
Apr 19$31.3k
May 19$31.5k
Jun 19$33.3k
Jul 19$35.1k
Aug 19$36.7k
Sep 19$38.6k
Oct 19$40.2k
Nov 19$42.6k
Dec 19$44.6k
Jan 20$49.0k
Feb 20$46.5k
Mar 20$42.7k
Apr 20$47.5k
May 20$50.6k
Jun 20$53.5k
Jul 20$58.5k
Aug 20$63.0k
Sept 20$63.2k
Sept 20$62.9k
Nov 20$69.9k

Dec 20: $75.0k

My paycheck came early this week to make this a surprise 27-paycheck year. I never expected to have this much money at this point in my life.
Title: Re: Race from 10 to 100k!!
Post by: sebi13 on January 01, 2021, 02:02:49 AM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k
Dec 18$22.4k
Jan 19$24.7k
Feb 19$27.2k
Mar 19$29.3k
Apr 19$31.3k
May 19$31.5k
Jun 19$33.3k
Jul 19$35.1k
Aug 19$36.7k
Sep 19$38.6k
Oct 19$40.2k
Nov 19$42.6k
Dec 19$44.6k
Jan 20$49.0k
Feb 20$46.5k
Mar 20$42.7k
Apr 20$47.5k
May 20$50.6k
Jun 20$53.5k
Jul 20$58.5k
Aug 20$63.0k
Sept 20$63.2k
Sept 20$62.9k
Nov 20$69.9k

Dec 20: $75.0k

My paycheck came early this week to make this a surprise 27-paycheck year. I never expected to have this much money at this point in my life.

Good for you! By quickly stalking your profile for a bit, I noticed quite some similarities between the two of us -- around the same age (24), somewhat similar NW (I have 48k$ for now, but I guess at the end of 2021 I'm where you are now), and we are both working on a PhD.
I'm interested: What field are you doing your PhD? How long have you been working on it and when do you plan to finish?
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on January 01, 2021, 03:51:40 AM

July 2018: £20,385
October 2018: £24,504
January 2019: £25, 295
April 2019: £33,844
July 2019: £38,667
October 2019: £38,588
January 2020: £43,260
April  2020:  £38,094
July 2020: £49,062.35
August 2020: £50,172 just over halfway! :)
Sept 2020: £55,556
Oct 2020 : £56,42
Nov 2020: £57.565 absolute hammering in the markets this month!!!
Dec 2020 : £62,368

Jan 2021 £64,542

Happy new year everyone! So great to see us all moving towards that 100k!
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on January 01, 2021, 08:32:23 AM
Stocks, even in ETF-form, have been a wild ride this year. Happy we came back up as hard as we went down - and got our discounted buys for a few months ;)
1. Jan 2019€4,822
1. Jan 2020€19,078
1. Jan 2021€48,231

I second that, @Tinker
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on January 01, 2021, 10:48:54 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-    137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)

01/01/2021: 37.536,36 € (+5.378,55 €)

Closed out the year with the largest monthly increase to date. Close to 2k of that increase was in the crypto position which exploded in the last 3 months though, so I fully expect that to decrease again. 1,5k was from a tax free "Coronabonus" that employers are allowed to pay their employees here. Even though the crypto part of the portfolio rose from less than 5 % to more than 15 % I'll hold until the summer at least, to avoid paying taxes on the gains. If held more than 12 months any gains from crypto are tax free in Germany, same as gains from Gold.

Net worth increased by 24.557,09 € compared to January 1st of last year. This is crazy to me, as my net pay was only close to 31k. The growth is unlikely to be this high in 2021, as I sold some stuff in 2020 which helped with the increase, received a few unexpected monetary gifts from family and will need to spend a few grand on professional certification/training this year. If I pass my exams though, I'll greatly increase my earnings potential.

Apart from having to cancel vacations and not getting to see friends and family as much as I'd liked 2020 was a great year for me, as me and my family and friends luckily didn't catch Covid.

Wishing a great 2021 that hopefully allows a return to the lives we want to lead without fear of getting or spreading the illness, social distancing and economic hardships to everyone in this thread.
Title: Re: Race from 10 to 100k!!
Post by: jdhansen on January 01, 2021, 11:46:36 AM
6/14/2020  $50,099
7/1/2020    $51,768
8/1/2020    $56,146
9/5/2020    $59,010
10/2/2020  $62,038
10/30/2020 $61,623
12/3/2020  $70,606.90
1/1/2021    $72,663

December turned out a bit better than expected.  Even though we weren't able to add any money still got $2,000 in growth.  Now to prepare for 2021 and moving to a new town for a new job.  Going to be an interesting January with packing up all our stuff and selling our first home.  Luckily we are moving to an LCOL area and our new rent is half a mortgage payment.  Hopefully, that will let us turbo charge to get us to the goal by 2022.

Hope everyone continues with their paths to success.
Title: Re: Race from 10 to 100k!!
Post by: catlady on January 01, 2021, 11:49:04 AM
 
2020
25 Sept
 
$11 699.98
25 Oct
 
$15 171.88 (+$3,471.9)
25 Nov
 
$17,631.78 (+$2,459.90)
25 Dec
 
$22,462.17 (+$4,830.39)

Spoiler: show
 Includes emergency fund, my RRSP and SO RRSP
Title: Re: Race from 10 to 100k!!
Post by: Rosy on January 01, 2021, 11:58:50 AM

Our Investments and Savings (not including checking accounts)

9/28/18  - $22,949
10/28/18 - $23,952
11/28/18 - $27,878
1/28/19 - $28,853
2/28/19 - $31,682
3/28/19 - $32,684
4/28/19 - $35,011
5/28/19 - $35,838
6/28/19 - $38,276
7/28/19 - $40,607
8/28/19 - $40,508
9/28/19 - $42,168
10/28/19 -$42,209
11/28/19 - $44,478
12/28/19 -$46,408
1/28/20 - $49,115
2/28/20 - $50,466
3/28/20 - $48,609
4/28/20 - $55,026
5/28/20 - $59,256
6/28/20 - $60,807
7/28/20 - $64,342
8/28/20 - $65,454
9/28/20 -  $65,495
10/28/20 - $67,282
11/28/20 - $70,737
12/28/20 - $72,895

$50k improvement in our NW in 2 1/4 years. :)

Today for the first time ever I set aside 30% of my gross income for investments and savings. 

I admit I was a little nervous
about it, it feels like letting go of the oars a bit and trusting that all will work out.  But I'm thrilled.
 Score for increased savings rate!

Good to see you doing so well @DieHard_772 - cheers to a fabulous 2021!
Title: Re: Race from 10 to 100k!!
Post by: Rosy on January 01, 2021, 12:06:25 PM
Hi all,

New to the forum, but been working on FIRE for the past 2 years. I graduated from college in december 2018, and started an engineering job end of january 2019, I am 25 now. I started off with pretty much no savings (< $5K), around $10K in credit card debt and ~30K in student loans, and moved to a new town to start my job. Luckily I have a killer deal for rent ($265/mo + $80-100 in utilities, due to splitting with 1 roommate), paid cash for a $3.5K car in december 2018 that's been pretty reliable (on the MMM list :)). Bought a car because I live 5-10 miles from work, work is a chemical plant so I hope I get excused for not wanting to live right next to it lol, no properties for rent nearby anyways.

Since a year before graduating I knew FIRE was one of my top goals, prior to that I did not save as much as I could have in college. Even though I went to community college I kinda spent all the extra money on weed and going out, and then once I transferred I lived in a studio for 2 years instead of having roommates. But hey at least I found this path before getting a job.

I'm making good money ($75K starting, now at $82.5K + bonus ($5K this year)), and saving a lot of it. Employer matches 5% of salary plus $5K/yr on 401K. Really started buckling down this year, maxing 401K and roth IRA in addition to investing what's left over. I'd say I earn the money, technically on call 24/7 and can be a stressful job, but average <50 hr/week. Managed to invest a lot of cash right around the COVID dip, and also refinanced my 401K to be 100% VTI equivalent right around then... Sitting at around 12% ROI for the year, all stocks.

Date                  Bank        Brokerage   401k    roth         student loans   Net
12/29/2019   2389           19835   52506   16500   -20000   71230
7/4/2020         4169            9746   30107   11721   -20000   35743
12/1/2019          11013   0          16159   1054           -26500   1726


Target NW is $500K, goal is to live off <$20K/yr. Also planning on helping mom  for her retirement (~$500/mo). Not sure what my savings rate is right now since I don't follow a budget, but I'm mostly optimized relative to my income. Based on my calculations I should reach that NW around age 30-31, but I guess a lot of things can change by then. Also goal isn't to necessary RE at that age - I'd honestly be happy doing something like baristaFIRE for a few years.

Comments on a few spending categories
- cell phone (on ATT plan,pay $40/month, in theory can cut to $20 with mint given my usage and looking at doing that soon - edit: phone isn't compatbile with mint, will probably wait for mine to be dead prior to switching)
- car use (can WFH 50% of the time, don't bike as often as I could since 5-10 miles each way is above comfort range + midwest winter). Somewhat clown, but I bike for errands ~2-3x/week in non-winter months.
-utilities: internet is $50/month for the cheapest fiber option, and then the $150 is just for electricity which is high (split between 2). It's a smallish apartment, not sure what we can do to improve significantly, but plan on doing more investigating this year. - edit: realized my electric bill is around $75/mo, remaining $75 is water, sewage and taxes.
- food: I eat a vegetarian diet which is cheap, don't eat out too frequently (~1-2x/month) since there aren't that many worthwhile options, and when I do it's fast food. My 'splurging' on food would consist of grocery store bought processed food and liquids but I've been getting better about cutting those off
- mindless consumption: I am prone to buying dumb things I don't need or will use. Getting better, and will hopefully continue being considerate for my wallet and the planet. This is where my biggest opportunity is I think (1-3K/yr), I'm going to start budgeting to better understand it.
-travel: I am sort of over travel even pre covid. I still have to travel 1-2x/yr to see family, and outside of that would probably do a vacation somewhere 1-2x/yr with my SO, but nothing expensive.
- student loans: are at 4.5%, I'd refinance but doesn't make sense with the interest/payment moratorium and political climate. As soon as those are lifted I'll probably pay off $10K and refi the remaining 10 (getting ~2.7% fixed rate refi offer on credible/MMM link), unless student loan forgiveness is picking up steam...


Pretty proud of this year, hope I can keep it up :)

Welcome to MMM @0tp - congrats on a great start in life! If you stick around you'll get there in no time!
MMM is a great place to help you stay motivated and on track financially.
Title: Re: Race from 10 to 100k!!
Post by: Rosy on January 01, 2021, 12:30:28 PM
GOAL - $100K by Jun 2021

$  4,588 June 2017
$ 10,117 Dec 2017

$ 10,715 Jan 2018
$ 31,034 Dec 2018
       
$ 31,094 Jan 2019
$ 50,000 Dec 2019

$ 53,000 Jan 2020
$ 85,000 Dec 2020

UPDATE - revised plan for 2021, changed projected time to reach goal from Dec to June 2021 and numbers no longer incl EF or operational funds. 
$ 89,307 Jan 2021 - Projected
Breakdown: 78,400 (CDs) + 5,150 (T-Mo) + 5,757 (Jan - new savings account)

Oh my goodness - I am getting within shouting distance of $100K!

HAPPY NEW YEAR 2021! Good Luck to everyone!
Title: Re: Race from 10 to 100k!!
Post by: mckaylabaloney on January 01, 2021, 03:03:29 PM
6/1/2020: $19,606.73
7/1/2020: $26,480.37
8/1/2020: $40,657.65
9/1/2020: $52,868.32
10/1/2020: $53,926.77
11/1/2020: $61,241.09
12/1/2020: $78,742.07
1/2/2021: $124,124.66

Well, okay then! A large year-end bonus plus another good month in the markets made December quite a month. Obviously it was a great year for me financially, even though it was hard in lots of other ways. I'm very grateful to have retained my employment when so many did not.

Happy New Year to all -- best of luck to everyone and I'll see you soon in the next thread!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on January 02, 2021, 02:47:13 AM
6/1/2020: $19,606.73
7/1/2020: $26,480.37
8/1/2020: $40,657.65
9/1/2020: $52,868.32
10/1/2020: $53,926.77
11/1/2020: $61,241.09
12/1/2020: $78,742.07
1/2/2021: $124,124.66

Well, okay then! A large year-end bonus plus another good month in the markets made December quite a month. Obviously it was a great year for me financially, even though it was hard in lots of other ways. I'm very grateful to have retained my employment when so many did not.

Happy New Year to all -- best of luck to everyone and I'll see you soon in the next thread!


Holy shite did you burn up this thread @mckaylabaloney -- Well done!  You are well on your way to freedom.  I would say "good luck" in the next thread, but you don't need it.  You're on a mission! 
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on January 02, 2021, 07:22:26 AM
New table for a new year!


                       2018                2019                2020                2021                2022               
January$6,455-$14,460$34,473-
February--$14,991--
March--$14,632--
April-$10,960$13,884--
May--$17,011--
June--$19,255--
July--$20,358--
August--$21,993--
September--$23,312--
October--$24,777--
November-$13,466$26,407--
December$9,518-$30,697--
Title: Re: Race from 10 to 100k!!
Post by: hal on January 02, 2021, 07:44:18 AM
6/1/2020: $19,606.73
7/1/2020: $26,480.37
8/1/2020: $40,657.65
9/1/2020: $52,868.32
10/1/2020: $53,926.77
11/1/2020: $61,241.09
12/1/2020: $78,742.07
1/2/2021: $124,124.66

Well, okay then! A large year-end bonus plus another good month in the markets made December quite a month. Obviously it was a great year for me financially, even though it was hard in lots of other ways. I'm very grateful to have retained my employment when so many did not.

Happy New Year to all -- best of luck to everyone and I'll see you soon in the next thread!

Congrats!
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on January 02, 2021, 11:30:42 AM

I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big. My checking account is also not included as it has money I will likely spend this month. Goal for 2021 is to make it to $100K. - Aiming for June

Net worth:
2017:
Dec2017:$7800
2018
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658
Nov2018: $23,948 (+$290)
Dec2018: $23,960 (+12)
2019
Jan2019: $27,100 (+3140)
Feb2019: $29,443 (+2343)
Mar2019: $31,603 (+2160)
Apr2019: $33,959 (+2356)
May2019: $33,933 (-$26)
Jun2019: $37,928 (+3995)
Jul2019: $39,736 (+1808)
Aug2019: $39,918 (+182)
Sep2019: $34,179 (-5739)
Oct2019: $38,091 (+3912)
Nov2019: $39,867 (+1776)
Dec2019: $43836 (+$3968)
2020
Jan2020:$45,839 (+$2003)
Feb2020:$43,345 (-$2494)
Mar2020:$39,081 (-$4264)
Apr2020:$47,551 (+$9470)
May2020:$51,613 (+$4,061)
Jun2020:$56,760 (+$5147)
Jul2020:$61,567 (+$4,807)
Aug2020:$68,102 (+$6,535)
Sep2020:$68,212(+$109)
Oct2020:$68,976 (+$763)
Nov2020:$76,790 (+$7,814)
Dec2020:$82,778 (+$5,987) 3 paycheck month, and some pretty high investment growth. I didn't max out my 401k, but I still had a pretty good year financially. $38,952 gain year over year which is about 78% of my yearly salary (I put in ~30% of my salary). Good job everyone on meeting goals!
Title: Re: Race from 10 to 100k!!
Post by: Imma on January 02, 2021, 12:22:07 PM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October: €11128.59
November: €11227,46
December: €11991,27
January: €12576,72
February: €11904,39
March: €10425,32
April: €11830,70
May: €12154,67
June: €14634,19
July: €15345,09
August: €16444,46
September: €17108,60
October: €16687,93
November: €17762,62
December: €19386,94

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

My stretch goal was €20k at the end of 2020. I actually didn't really think this was going to be possible unless the market really, really really helped me along. Well, it turns out I just about made it, without the market even helping out that much (gains about 2% this year which is already way more than I had expected). I ended up with a little less cash than I had wanted and a little more in investments. In 2021, money in my savings account will be a priority. I have about €3k-ish now, I had planned on €5k, and I'm thinking of saving up to €10k. Maybe not all of that this year. €10k is about a year's worth of expenses which is maybe on the high side, but on an average income I think that's the right amount of money to have. We also have some money set aside for home maintanance but I don't track that as part of my net worth, because that's designated for spending (eventually).

My goal for 2021 is €35.000. Savings €10.000 and investments €25.000. Again very ambitious, but I like a challenge. I expect the stock market might go down a bit over the coming months when the economic damage from Covid becomes clear - higher unemployment, less spending. A lot of the damage has been hidden by the stimulus programs from our government but when those end, there will be some damage.

Right now, my investments are in a post-tax brokerage account (the majority) and a bit in a pre-tax private pension account. In my country we can only put a small amount of money into a pre-tax account every year so that's not a huge amount of money. As from January 2021, I will add a pot of pre-tax pension savings from a previous employer to my tracking. It's not much, about €2000 now, but I don't work there anymore and now it's fully under my control. I can't access it until retirement age but I can make the investment decisions so I figured I should start tracking it.
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on January 02, 2021, 06:10:49 PM
Student Loan Debt:

01/12/19: $43,762
05/04/20: $21,456
11/09/20: $21,456
12/05/20: $21,456
01/02/21: $21,456


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739
06/05/20: $18,006 ($7,267)
07/05/20: $8,594 (-$9,412)
08/05/20: $9,084 ($490)
09/01/20: $13,497 ($4,413)
10/01/20: $12,283 (-$1,214)
11/01/20: $15,692 ($3,409)
12/05/20: $19,528 ($3,836)
01/01/21: $21,735 ($2,207)


I've been happy with the progress this year, especially with the purchasing of my first home and all the expenses that go along with that! The progress that everyone has made this past year continues to be an inspiration. Happy New Year, all!
Title: Re: Race from 10 to 100k!!
Post by: Serendip on January 02, 2021, 06:34:35 PM
Dec '17    18,146
Jan '18     23,607

Dec '18    48,380
Dec '19    60,746

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

Dec '20    62,900 

 **a disappointing year on this thread--my savings was hit by a kitchen renovation (a faucet leak ruined our counter and it snowballed from there). I was out of work for 3.5 months due to Covid, did too much stress-shopping & I also lent my sister $5K towards a house down-payment but I feel okay moving into 2021 with clear goals of less spending/more saving.
 :)
Title: Re: Race from 10 to 100k!!
Post by: NotSoMustachian on January 02, 2021, 11:45:07 PM
Guess I should check in here since I've graduated from the 10k thread.

Dec-19        $0
Aug-20     $10,559.72
Sep-20     $9,266.04
Oct-20     $10,991.01
Nov-20     $22,255.72
Dec-20     $24,461.98

I have no idea what to expect for the coming year.  Hoping to get a raise at work to help with saving.
Title: Re: Race from 10 to 100k!!
Post by: Imma on January 03, 2021, 05:18:40 AM
Dec '17    18,146
Jan '18     23,607

Dec '18    48,380
Dec '19    60,746

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

Dec '20    62,900 

 **a disappointing year on this thread--my savings was hit by a kitchen renovation (a faucet leak ruined our counter and it snowballed from there). I was out of work for 3.5 months due to Covid, did too much stress-shopping & I also lent my sister $5K towards a house down-payment but I feel okay moving into 2021 with clear goals of less spending/more saving.
 :)

Very disappointing indeed! ;) You were unemployed, paid for unexpected maintenance on your home, helped out a family member and you still ended up with more money than you started the year with! 
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on January 03, 2021, 09:39:05 AM
Tracking net worth, goal is £100K rather than $100K :). Very hopeful I might be able to hit this before the end of 2021! I'm grateful my net worth has remained largely on track despite the rocky market conditions in the first half of this year. The growth mostly happened in the second half of the year when the market recovered as for a lot of 2020 I had a significant pay cut (which I'm not sure when I'll be paid back for just yet sadly). Also my student loan will be gone by the middle of the year which will free up cash for extra savings, so all in all 2021 is looking positive.

EOY 12.2016 - (-£10,250)
EOY 12.2017 - £4,360
EOY 12.2018 - £40,620
EOY 12.2019 - £62,523
EOY 12.2020 - £82,420
01.2021 - £84,647 (+2,227)

Assets = £86,220
Student loans = (£1,573)
Title: Re: Race from 10 to 100k!!
Post by: Serendip on January 03, 2021, 05:30:51 PM
Very disappointing indeed! ;) You were unemployed, paid for unexpected maintenance on your home, helped out a family member and you still ended up with more money than you started the year with!

ha...thanks for calling me out on that @Imma --sometimes it's easy to get down on our progress but a better option is to keep moving forward and be grateful!
Title: Re: Race from 10 to 100k!!
Post by: kaposzta on January 04, 2021, 07:05:33 AM
July 12, 2019: $66,565
Aug 1, 2019: $68,207 (+2.47%, +$1,642)
Aug 29, 2019: $69,931 (+2.53%, +$1,724)
Sept 29, 2019: $71,138 (+1.73%, +$1,207)
Oct 31, 2019: $71,517 (+0.53%, +$379)
Nov 29, 2019: $73,138 (+2.27%, +$1,621)
Jan 01, 2020: $74,276 (+1.56%, +$1,138)
Feb 06, 2020: $73,621 (-0.88%, -$655)
March 05, 2020: $74,517 (+1.22%, +$896)
No data for April, I lost my interest seeing the losses :)
May 05, 2020: $68,620 (-8.59%, -$5,897)
June 04, 2020: $70,345 (+2.51%, +$1,725)
July 02, 2020: $72,483 (+3.04%, +$2,138)
August 05, 2020: $74,655 (+3.00%, +$2,172)
Sept 03, 2020: $75,241 (+0.78%, +$586)
Oct 01, 2020: $77,551 (+3.07%, +$2,310)
Nov 05, 2020: $79,310 (+2.27%, +$1,759)
Dec 04, 2020: $81,241 (+2.43%, +$1,931)
Jan 04, 2020: $83,207 (+2.38%, +$1,931 <- same as in Nov :) )

My SR was again quite bad, 51% (last year 59%), so the total yearly SR was a disappointing 60% (a 2,26°% drop from last year).
Investments were okay, I received some missing payments from domaining, so apart from the excessive spending, it was a nice improvement.

Goals for 2021:
- 63%+ SR
- $100k by the end of 2021
- A bit more aggressive portfolio building (risky bond/stock ETFs: 55% -> 60%, stocks 0% -> 5%)
- 10x efforts on domain business (net profit: $3.5k -> $7k)

Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on January 04, 2021, 07:25:12 AM

2018
1/31 : (5949.05)
2/28 : (5288.30)
3/31 : (4273.93)
4/30 : (2592.07)
5/31 : (629.70)
6/30 : 1,206.77
7/31 : 2,703.97
8/31: 5,651.70
9/31: 8,039.01
10/31: 7,803.49
11/30: 9,531.28
12/31: 9,296.79

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

2020
1/31/2020: $44,514
2/29/2020: $48,891
3/31/2020: $46,104
4/30/2020: $52,720
5/31/2020: $55,177
6/30/2020: $59,720
7/31/2020: $65,792
8/31/2020: $71,970
9/30/2020: $72,466
10/31/2020: $72,288
11/30/2020: $80,093


12/31/2020: $84,002

Was a great year for me. I doubled my net worth from 1 year ago. I goal is to graduate from this thread in May.

https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?usp=sharing

Title: Re: Race from 10 to 100k!!
Post by: Sanitary Stache on January 05, 2021, 08:25:26 AM
May 31, 2020          - $ 72,426.81
June 19, 2020         - $ 82,681.14 (+$10,254.33)
August 6, 2020        - $ 89,237.00 (+$ 6,555.86)
September 2, 2020  - $ 93,346.17 (+$ 4,109.17)
October 6, 2020      -  $103,450.xx(+$10,103.xx)
January 5, 2021      -  $114,837.xx (+$11,387.xx)

Savings and investment growth over the past 219 days was $42,411.  I'll take it and see what happens next year in the race to 250K.
Thanks to everyone keeping the thread active and keeping the challenge in the fore front of my thinking.  When it was time to decide what to do with extra money I kept saying, "I am in the race to 100K."
 
Title: Re: Race from 10 to 100k!!
Post by: hal on January 05, 2021, 06:43:08 PM
May 31, 2020          - $ 72,426.81
June 19, 2020         - $ 82,681.14 (+$10,254.33)
August 6, 2020        - $ 89,237.00 (+$ 6,555.86)
September 2, 2020  - $ 93,346.17 (+$ 4,109.17)
October 6, 2020      -  $103,450.xx(+$10,103.xx)
January 5, 2021      -  $114,837.xx (+$11,387.xx)

Savings and investment growth over the past 219 days was $42,411.  I'll take it and see what happens next year in the race to 250K.
Thanks to everyone keeping the thread active and keeping the challenge in the fore front of my thinking.  When it was time to decide what to do with extra money I kept saying, "I am in the race to 100K."

Congrats! Some awesome gains there. Excited for you.
Title: Re: Race from 10 to 100k!!
Post by: sb510 on January 05, 2021, 10:58:13 PM
(Start of)
Oct 2020 — $4,757
Nov 2020 — $7,823
Dec 2020 — $10,385 (Started MMM 100k challenge)
Jan 2021 — $14,012

Happy new year! So great to see everyone's progress.
Title: Re: Race from 10 to 100k!!
Post by: mckaylabaloney on January 06, 2021, 07:50:14 AM
Congrats @Sanitary Engineer! You're killing it.
Title: Re: Race from 10 to 100k!!
Post by: mountain mustache on January 08, 2021, 06:04:41 AM
10/02/2020- $14835.83
11/13/2020- $16110.56
12/11/2020- $16675.72
01/08/2021- $19310.15
Title: Re: Race from 10 to 100k!!
Post by: soily on January 08, 2021, 08:14:57 AM
                    401K          IRA          Total
Jan 2018:   $1,050        $1,230      $2,280
Jan 2019:   $6,800        $3,500      $10,300
Jan 2020:   $12,100      $6,600      $18,700
Feb 2020:   $12,500      $6,500      $18,000
Mar 2020:   $12,700      $6,100      $18,800
Apr 2020:   $12,100      $5,100      $17,200
Aug 2020:  $21,200       $6,800     $28,000
Nov 2020:  $29,000       $7,500     $36,500

Hopefully I'll start contributing to my IRA in January. My discretionary spending has been a little out of hand.
Welp I sold my house and inherited some money so I'll have a large amount of cash until I decide to buy another home. Also I finally have my finances under control to where I can max out my roth.

                    401K          IRA      Cash/Equity     Total
Jan 2018:    1,050         1,230           --               2,280
Jan 2019:    6,800         3,500           --               10,300
Jan 2020:    12,100       6,600           --               18,700
Feb 2020:    12,500       6,500           --               18,000
Mar 2020:    12,700       6,100           --               18,800
Apr 2020:    12,100       5,100           --               17,200
Aug 2020:   21,200        6,800          --               28,000
Nov 2020:   29,000        7,500          --               36,500
Jan 2021:    31,300        7,800      37,400           76,500
Title: Re: Race from 10 to 100k!!
Post by: mgardner88 on January 08, 2021, 09:36:53 AM
7/1/2020: $46,295
8/1/2020: $49,461 (+3,166)
9/1/2020: $51,488 (+2,027)
10/1/2020: $52,753 (+1,265)
11/1/2020: $53,942 (+1,189)
12/1/2020: $56,152 (+2,210)
1/8/2021: $63512 (+7,360)

Extra money this month because of the stimulus (3k into a savings acct for roof replacement) but even without it we started contributing much more to our retirement accounts (adios credit cards) I dont know on our income level if we will ever be able to max them out but this is a good start. Hope to keep the same savings rate over the entire year, pay for our roof in cash, and tuck a little away for emergencies. Would love to reach 100k by 10/1/2021 although im not sure what to expect from this year market wise. I took a paycut and benefit cut in 2020, which i wont see any increase in pay until 2022. Just going to keep pushing forward. Happy New Year everyone!
Title: Re: Race from 10 to 100k!!
Post by: Rosy on January 08, 2021, 09:53:10 AM
GOAL - $100K by Dec 2021

$  4,588 June 2017
$ 10,117 Dec 2017

$ 10,715 Jan 2018
$ 31,034 Dec 2018
       
$ 31,094 Jan 2019
$ 50,000 Dec 2019

$ 53,000 Jan 2020
$ 85,000 Dec 2020

REVISED - UPDATE: $ 86,863 Jan 2021
Title: Re: Race from 10 to 100k!!
Post by: dizzy on January 08, 2021, 11:29:50 AM
Oct 2019- $1000
Nov 2019- $2340
Dec 2019- $2779
Jan 2020- $5658
Feb 2020- $5539
Mar 2020- $5024
Apr 2020- $5444
May 2020- $8302  (wherein I finally got some of unemployment)
June 2020- $20864 (wherein I got more unemployment plus the EIDL)
mid July 2020- $31724 (got the rest of the backpay, woohoo!)
7/31/20- $33340
9/2/20- $36366
9/17/20 - $42978
10/2/20- $43800
10/31/20- $47854
11/11/20- $53709
12/23/20- $64158
1/8/21- $69542

Hit almost $70k despite spending almost $1k in the last month on backpacking gear, whoops!  Getting my partner set up and needed to upgrade to 2 person tent.
I will be selling a few things tho to make up for this.

My stocks have been doing great, particularly positions in GBTC, MSTR.  Don't want to rely on this tho (and yo- I am VERY diversified, don't worry) so trying to double down on saving $$ on groceries (see my groceries journal on this site) and bank bonuses again, had taken some time off.
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on January 11, 2021, 11:26:54 AM
GOAL - $100K by Dec 2021

$  4,588 June 2017
$ 10,117 Dec 2017

$ 10,715 Jan 2018
$ 31,034 Dec 2018
       
$ 31,094 Jan 2019
$ 50,000 Dec 2019

$ 53,000 Jan 2020
$ 85,000 Dec 2020

REVISED - UPDATE: $ 86,863 Jan 2021

Way to go @Rosy
Title: Re: Race from 10 to 100k!!
Post by: IrishFI on January 12, 2021, 10:56:07 AM
Hi Everyone, recently passed 10k so wanted to check in here.

Emergency fund - 3k
Pension - 3469
ETF - 5290 (tax on gains not deducted)
Poker Roll - 140

Goal for 2021 is to reach 20k. GL everyone.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on January 13, 2021, 05:04:37 AM
Hi Everyone, recently passed 10k so wanted to check in here.

Emergency fund - 3k
Pension - 3469
ETF - 5290 (tax on gains not deducted)
Poker Roll - 140

Goal for 2021 is to reach 20k. GL everyone.

Welcome to the thread!
Title: Re: Race from 10 to 100k!!
Post by: Moonwaves on January 13, 2021, 05:31:11 AM
Hi everyone. I'm not quite out of the 10k thread yet but just realised that all going well, I should be by next year. Posting here already as a bit of extra motivation.



P.S. 10k is the goal for my fledgling ETF account plus an ordinary savings account (emergency fund). Once I join here I shall make myself feel better by also adding in the amounts in various pensions. Last time I checked I think I had just passed the 30k mark. Must go on the hunt for passwords and login information again.
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on January 13, 2021, 06:42:53 AM
Tracking investments, emergency fund and additional pension investments (all to be used to retire together with SO!)
(not tracking company pension investments, house value and current accounts)

15 May 2020: EUR 17,034 (started tracking)
15 December 2020: EUR 23,325

13 January 2021: EUR 24,006
(2021 goal: EUR 35K)

With a market like this, the amounts just go up!
No salary increase this year due to COVID19, which is understandable in the business the company is in. Hope to still be able to get to my goal at the end of the year, just trying to put as much funds in my accounts as possible. With an extended lockdown here in Dutchieland a no-spending month will be easy!

Great to see the progress of all others. I do not see anybody whose amounts went down, so keep up the good work.
 

Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on January 14, 2021, 10:23:26 AM
Just come to have a little vent. I'm very much in the looong middle ground of this race at 65k invested and I'm starting to get really itchy feet.

I dont even want to spend the money, I'm just grumpy about how long it is taking. It feels like the push forward to the next major milestone of 75k is a long way away.

Ok, rant over. Thanks everyone.
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on January 14, 2021, 11:27:22 AM
Just come to have a little vent. I'm very much in the looong middle ground of this race at 65k invested and I'm starting to get really itchy feet.

I dont even want to spend the money, I'm just grumpy about how long it is taking. It feels like the push forward to the next major milestone of 75k is a long way away.

Ok, rant over. Thanks everyone.

Been there @Stubblestache . I  get it.  You'll be surprised! Before you know it, that number will be in your rearview... Keep the faith, buddy
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on January 14, 2021, 03:13:23 PM
Just come to have a little vent. I'm very much in the looong middle ground of this race at 65k invested and I'm starting to get really itchy feet.

I dont even want to spend the money, I'm just grumpy about how long it is taking. It feels like the push forward to the next major milestone of 75k is a long way away.

Ok, rant over. Thanks everyone.

Been there @Stubblestache . I  get it.  You'll be surprised! Before you know it, that number will be in your rearview... Keep the faith, buddy

Thanks mate. Yeah you're right, I had similar feelings at around the 30-40k mark. Guess there's a reason that not many people do this!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on January 15, 2021, 01:51:16 AM
Just come to have a little vent. I'm very much in the looong middle ground of this race at 65k invested and I'm starting to get really itchy feet.

I dont even want to spend the money, I'm just grumpy about how long it is taking. It feels like the push forward to the next major milestone of 75k is a long way away.

Ok, rant over. Thanks everyone.

I've been there @Stubblestache.  It took me about 12 years to reach 100k.  If your savings is pretty automated, maybe take some time away from watching the stache grow and focus on other things for a while.  There were a couple times in my journey where I had to do that because it seemed so agonizingly slow.   It's kind of like a bucket filling up drip by drip -- I figured if it's filling it doesn't need me there watching it three times a day haha.  You'll get there!
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on January 15, 2021, 03:25:58 AM
Thanks for the encouragement. I'm just being a moaner and impatient :D

I wish I could step away but I get paid variable amounts each month so have to be a bit more hands on with it all. That's a good suggestion though @Trifele , I'll have a think of how I could spend less time glaring at the 'stash and willing it to get bigger.

Title: Re: Race from 10 to 100k!!
Post by: Trifle on January 16, 2021, 03:06:02 AM
I wish I could step away but I get paid variable amounts each month so have to be a bit more hands on with it all. That's a good suggestion though @Trifele , I'll have a think of how I could spend less time glaring at the 'stash and willing it to get bigger.

Yeah in that case (having to be hands on) it's trickier to find that balance.  But a lot of good Life happens during our road to FIRE . . . we just gotta figure out how to enjoy it while simultaneously accumulating
Title: Re: Race from 10 to 100k!!
Post by: TerrierTown on January 17, 2021, 06:09:53 AM
01 Jun 2019 NW £44,112
01 Jul 2019 NW £46,737  (+£2,625)
02 Apr 2020 NW £61,865 (+£15,128)
15 Aug 2020 NW £73,912 (+£12,047)
15 Dec 2020 NW £80,781 (+£6,869)
17 Jan 2021 NW £83,923 (+£3,142)

Getting there! Paid off £25,000 from my mortgage last year on a £38,000 salary so pretty high savings rate! Just got to keep going! Wish I'd have recorded my NW in January last year! Will try to do this monthly now.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on January 22, 2021, 06:17:06 AM
Hi guys,

My N/W grew by £2,069.06 to a new total of £42,771.24

Markets did most of the heavy lifting.  My investments were at -24% (compared to what I'd invested) 10 months ago, compared to over +30% today.  That's crazy, right?  :')

Still getting paid less with this current lockdown.  Still saving for my wedding.  Once things get back to normal and I'm married I really think my progress should skyrocket.

Hope you're all keeping well and staying safe.... 
Title: Re: Race from 10 to 100k!!
Post by: mountain mustache on January 22, 2021, 07:39:37 AM
Making steady progress, especially now that I have a 2nd part time job. I also did an uber frugal January, and it's amazing to see the progress that can be made just by cutting most spending outside of rent/food.

10/02/2020- $14835.83
11/13/2020- $16110.56
12/11/2020- $16675.72
01/08/2021- $19310.15
01/22/2021- $20533.24
Title: Re: Race from 10 to 100k!!
Post by: Serendip on January 25, 2021, 11:02:31 AM
Dec '17    18,146
Jan '18     23,607
Dec '18    48,380
Dec '19    60,746
Jan '20     63,186
May '20    62,300
June '20   63,000
July '20    58,562
Oct '20     60,900

Dec '20    62,900
Jan '21    65,400

 **highest NW yet! (last year I got to 63,000 before plunging down and up..and down and up) :)
Title: Re: Race from 10 to 100k!!
Post by: Serendip on January 25, 2021, 11:04:32 AM
Making steady progress, especially now that I have a 2nd part time job. I also did an uber frugal January, and it's amazing to see the progress that can be made just by cutting most spending outside of rent/food.


Great work @Mountain moustache --I agree that an uber frugal month really highlights how money can slip away when we are spending unnecessarily :)
Title: Re: Race from 10 to 100k!!
Post by: catlady on January 25, 2021, 07:53:22 PM
 
2020
2021
25 Jan
   
$48 938 (+$26 476)
25 Sept
 
$11 699.98
 
25 Oct
 
$15 171.88 (+$3,471.9)
 
25 Nov
 
$17,631.78 (+$2,459.90)
 
25 Dec
 
$22,462.17 (+$4,830.39)
 

Spoiler: show
 Somebody got a bonus :P

Title: Re: Race from 10 to 100k!!
Post by: Rosy on January 27, 2021, 02:29:47 PM
GOAL - $100K by Dec 2021

$  4,588 June 2017
$ 10,117 Dec 2017

$ 10,715 Jan 2018
$ 31,034 Dec 2018
       
$ 31,094 Jan 2019
$ 50,000 Dec 2019

$ 53,000 Jan 2020
$ 85,000 Dec 2020

$ 86,863 Jan 2021

PROJECTED - $ 92,700 Feb 2021

 
Title: Re: Race from 10 to 100k!!
Post by: Rosy on January 27, 2021, 03:32:19 PM
@Serendip - give yourself credit, you are saving in spite of everything from kitchen renovations to helping out family, that's just life trying to interfere with your goals:).
You are almost 70% percent there.

@DieHard_772 it is thanks to you that I persevered past $50K you know that, don't you?:). This second $50K is so much easier mainly because I've reached all my other goals, but even I am surprised that it looks like I might hit that second $50K within 1.5yrs compared to 2.5yrs for the first round.
$100K seemed so far out of my reach that I almost didn't even try.
Perseverance is key.
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on January 28, 2021, 06:26:59 AM
Tracking full net worth.

EOY 12.2016 - (-£10,250)
EOY 12.2017 - £4,360
EOY 12.2018 - £40,620
EOY 12.2019 - £62,523
EOY 12.2020 - £82,420
01.2021 - £84,647 (+2,227)
02.2021 - £86,456 (+1,809)

Assets = £87,805
Student loans = (£1,349)
Title: Re: Race from 10 to 100k!!
Post by: triple7stash on January 28, 2021, 01:01:30 PM


12/28/2020 - $62,783
1/28/2021 - $67,335.21
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on January 29, 2021, 02:04:55 AM

July 2018: £20,385
October 2018: £24,504
January 2019: £25, 295
April 2019: £33,844
July 2019: £38,667
October 2019: £38,588
January 2020: £43,260
April  2020:  £38,094
July 2020: £49,062.35
August 2020: £50,172 just over halfway! :)
Sept 2020: £55,556
Oct 2020 : £56,42
Nov 2020: £57.565 absolute hammering in the markets this month!!!
Dec 2020 : £62,368
Jan 2021 £64,542
Feb 2021 £66,616 Markets fell out a bit this week and I had a dabble in the Gamestop mania (came out unscathed but slightly up to entry).
Title: Re: Race from 10 to 100k!!
Post by: regenaeb on January 29, 2021, 09:27:23 AM
11/30/20 - SEP Balance $ 15524.45 + Roth $ 1770.76 - Student loan balance $ 6897.45 = $ 10,397.76
12/30/20 - SEP Balance $ 16106.09 + Roth $ 1813.94 - Student loan balance $ 6306.71 = $ 11,613.32

01/29/21 - SEP + Roth $ 20,139.02 - Student loan balance $ 5,316.32 = $ 14,822.70

Five more months to go and the student loan should be gone!!! Then we will see how much I can really get my net worth increased for the rest of the year. Plan to put the $1000 student loan payment in my Roth for the second half of the year to max it out.
Title: Re: Race from 10 to 100k!!
Post by: Imma on January 29, 2021, 02:01:16 PM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October: €11128.59
November: €11227,46
December: €11991,27
January: €12576,72
February: €11904,39
March: €10425,32
April: €11830,70
May: €12154,67
June: €14634,19
July: €15345,09
August: €16444,46
September: €17108,60
October: €16687,93
November: €17762,62
December: €19386,94
January: €20649.69

Goals for 2021:
Savings: €10.000
Investments: €25.000

Crossed the 20k mark! I used to have a small business on the side and I had one outstanding invoice, I decided to forgive that one. The business is struggling and it's a 3-figure amount that I won't even notice.

@Rosy you're doing fantastic!
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on January 30, 2021, 06:52:16 AM
                       2018                2019                2020                2021                2022               
January$6,455-$14,460$34,473-
February--$14,991$36,257-
March--$14,632--
April-$10,960$13,884--
May--$17,011--
June--$19,255--
July--$20,358--
August--$21,993--
September--$23,312--
October--$24,777--
November-$13,466$26,407--
December$9,518-$30,697--
Title: Re: Race from 10 to 100k!!
Post by: GatorNation on January 30, 2021, 07:55:32 AM
Jan 1, 2020- ($106,695.56)
Dec 1, 2020- $16,441.11   
Jan 1, 2021-  $26,005.07   
Feb 1, 2021-  $38,479.28
Title: Re: Race from 10 to 100k!!
Post by: Serendip on January 30, 2021, 09:09:01 AM
@Serendip - give yourself credit, you are saving in spite of everything from kitchen renovations to helping out family, that's just life trying to interfere with your goals:).
You are almost 70% percent there.


Thanks for the encouragement @Rosy --it's easy to look upwards rather than behind and be grateful for how far I've come... I'm re-reading a new book by William Irvine about stoicism which encourages looking at 'setbacks' as creative challenges and to welcome them as a good way to strengthen ones' grit and character :)
almost 70% there!
Title: Re: Race from 10 to 100k!!
Post by: Rosy on January 30, 2021, 02:18:26 PM
SNIP
December: €19386,94
January: €20649.69

Goals for 2021:
Savings: €10.000
Investments: €25.000


Crossed the 20k mark! I used to have a small business on the side and I had one outstanding invoice, I decided to forgive that one. The business is struggling and it's a 3-figure amount that I won't even notice.

@Rosy you're doing fantastic!

@Imma - actually I benefitted from unexpected circumstances due to covid which helped me get ahead.

I do plan on spending a bit once I hit this $100K and stop saving for a month or two, to puff up my slush fund to live it up a little.   
Then it is on to a new investing/savings strategy with slightly lower contributions, 10-15% less.

I was seriously considering buying a small bungalow in the neighborhood last October.
The owner passed away and some guy bought it for $100K and flipped it. I'm guessing he put $35K max into the renovation. 
Sold for $210K three months later.

Quote
Crossed the 20k mark!
- CONGRATS, IMMA! -
It is always a high for me to hit another $10K - sometimes it seems like forever and other times I'm surprised I reached the next level.

@Serendip
I totally get that, sometimes you need to take a step back and appreciate all your accomplishments and you certainly have tons of them:).

Now that I am getting closer to that coveted $100K I am chomping at the bit to be done with it already:).
I am neither patient nor pragmatic and certainly not at all stoic.
My one saving grace in that dept is Mr. R. - he is Mr. Pragmatic himself. A conversation with him always soothes my frantic nerves and calms my financial fears. I tend to go into destructive overdrive when things don't progress in my favor.

I can see the sense in pragmatism at times, but stoicism remains a foreign, mystic conception that is way too far from who I am at my core.
I crave control.
In fact, stoicism brings out the rebel in me:), I can endure temporarily if I know there is an end to it but accepting stoicism is too much to ask of me.

Sure, a challenge or an obstacle 'might' build character but they can break you too. I am speaking from experience...
It can slow your progress to a skidding halt at a time when it is crucial that you meet your goals or reach a certain plateau.
Sometimes it takes decades to recover and we all have only one life to live.
Sure, overcoming challenges shapes your character, but sometimes it is a bitter victory or too high a price to pay.

Sometimes it is better to erupt and rebel and move heaven and earth than to practice stoic acceptance.

There is only a fine line between giving up and acceptance as in stoicism. That is a scary proposition.
To me being stoic is almost like shutting down all your other emotions, perhaps even the oomph you need to triumph over difficult circumstances. 
Of course, I might be totally missing the point:).

To me pragmatism is more helpful because whether we like it or not things do not always go our way so the better solution is to make the best out of any situation and remember to change yourself, a change in perspective, a change in plan or an AHA moment is way better than stoic acceptance.
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on January 31, 2021, 03:50:57 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-    137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)

01/02/2021: 39.128,65 € (+1.592,29 €)

Savings were not that great this month due to a larger scheduled expense. Next month will be the same. Crypto gains again made up for the shortfall in savings. I can't wait for summer so I can sell off part of the crypto position without incuring capital gains taxes.

Title: Re: Race from 10 to 100k!!
Post by: hal on January 31, 2021, 11:15:45 AM
MonthInvested TNW
Aug 2020$7,009.45$44,173.61
Sep 2020$11,791.74$44,286.81
Oct 2020$31,492.96$64,282.56
Nov 2020$41,576.98$73,480.24
Dec 2020$50,880.91$81,261.12
Jan 2021$57,339.00$89,777.45

Overall, feeling pretty good about 2021. Positions took a little dip due to drop in the market right at the end of January, but I'm okay with it since I have $4000 auto invested at the beginning of Feb. This month's savings rate was 65% (I count only money invested in the market).

Also, somehow this month was ridiculously cheap compared to normal.. .my wife and I spent only $1.9k, compared to a more typical $2.8k. We did buy a lot of meat in December that made that month expensive but allowed us to eat out of the freezer in January, but still... our cutting down on convenience food, alcohol, and discretionary spending really made quite a big difference.
Title: Re: Race from 10 to 100k!!
Post by: Tass on January 31, 2021, 01:26:06 PM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k
Dec 18$22.4k
Jan 19$24.7k
Feb 19$27.2k
Mar 19$29.3k
Apr 19$31.3k
May 19$31.5k
Jun 19$33.3k
Jul 19$35.1k
Aug 19$36.7k
Sep 19$38.6k
Oct 19$40.2k
Nov 19$42.6k
Dec 19$44.6k
Jan 20$49.0k
Feb 20$46.5k
Mar 20$42.7k
Apr 20$47.5k
May 20$50.6k
Jun 20$53.5k
Jul 20$58.5k
Aug 20$63.0k
Sept 20$63.2k
Sept 20$62.9k
Nov 20$69.9k
Dec 20$75.0k

Jan 21: $76.2k

Can't believe I'm in my fourth year of membership of this forum.
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on February 01, 2021, 03:45:34 AM
Tracking investments, emergency fund and additional pension investments (all to be used to retire together with SO!)
(not tracking company pension investments, house value and current accounts)

15 May 2020: EUR 17,034 (started tracking)
15 December 2020: EUR 23,325

31 January 2021: EUR 24,040
(2021 goal: EUR 35K)

Will start tracking at end of month from now.
@Imma : crossing the 20K is huge. Now up to 30 (I'm working towards the same). Baby steps..... baby steps......

We're first fattening our combined emergency fund (not included in this amount). So 2nd half of the year will hopefully be more in investments, since I'm expecting a few refunds (tax refund, government refund and healthcare refund) around that time.

On to February, with only small expenses. DD's birthday will be celebrated with only a few friends, so no big party here. And she wants to have sports gear as a present (which we would have bought anyway, but now she gets to choose a little more expensive brand....).
Title: Re: Race from 10 to 100k!!
Post by: Lomonossov on February 01, 2021, 04:01:09 AM
Hey all!

I find motivating to see how great is in general people doing, I think I'll start reporting as well. I started tracking my NW Jul'20. I bought a property on Jan'20, when fires in Australia were the worst thing that had happened in a very long time.

Anyway, here go the numbers: the column in the right does not consider my house - as asset, mortgage also excluded -, the left does include both. I do have accounts in several currencies but everything is consolidated in EUR:

              NW   Liquid NW
Jul-20   47,328 €   19,245 €
Aug-20   49,579 €   21,248 €
Sep-20   52,077 €   23,491 €
Oct-20   55,935 €   27,097 €
Nov-20   58,368 €   29,322 €
Dec-20   60,712 €   31,332 €
Jan-21   63,592 €   33,828 €

Goal for 2021: take the right column to 50k!
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on February 01, 2021, 07:44:07 AM

2018
1/31 : (5949.05)
2/28 : (5288.30)
3/31 : (4273.93)
4/30 : (2592.07)
5/31 : (629.70)
6/30 : 1,206.77
7/31 : 2,703.97
8/31: 5,651.70
9/31: 8,039.01
10/31: 7,803.49
11/30: 9,531.28
12/31: 9,296.79

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

2020
1/31/2020: $44,514
2/29/2020: $48,891
3/31/2020: $46,104
4/30/2020: $52,720
5/31/2020: $55,177
6/30/2020: $59,720
7/31/2020: $65,792
8/31/2020: $71,970
9/30/2020: $72,466
10/31/2020: $72,288
11/30/2020: $80,093
12/31/2020: $84,002


[/2021b]
1/31/2021: $85,576

Excel Sheet has been updated and new year added.
https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?usp=sharing
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on February 01, 2021, 09:38:08 AM
January 2020 - $36,392
February 2020 - $35,701
March 2020 - $32,466
April 2020 - $36,157
May 2020 - $38,540
June 2020 - $39,514
July 2020 - $42,207
August 2020 - $44,045
September 2020 - $44,514
October 2020 - $45,564
November 2020 - $50,152
December 2020 - $52,356

January 2021 - $53,423

Just chuggin' along over here!
Title: Re: Race from 10 to 100k!!
Post by: Serendip on February 01, 2021, 10:19:12 AM

@Serendip ..

There is only a fine line between giving up and acceptance as in stoicism. That is a scary proposition.
To me being stoic is almost like shutting down all your other emotions, perhaps even the oomph you need to triumph over difficult circumstances. 
Of course, I might be totally missing the point:).

To me pragmatism is more helpful because whether we like it or not things do not always go our way so the better solution is to make the best out of any situation and remember to change yourself, a change in perspective, a change in plan or an AHA moment is way better than stoic acceptance.

Thanks for offering this reflection of yours @Rosy - it was interesting to mull upon.
I don't interpret stoicism as encouraging a shut-down of emotions but that might be because the contemporary view of the philosophy seems quite different than the roots. The exercises which encourage growth and practicing hardiness have been guiding lights for me these past years..

 I actually see your definition of pragmatism as quite close to my interpreted definition of stoicism!
ha..funny how that works :)
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on February 02, 2021, 07:39:14 AM



Our Investments and Savings (not including checking accounts)

9/28/18  - $22,949
10/28/18 - $23,952
11/28/18 - $27,878
1/28/19 - $28,853
2/28/19 - $31,682
3/28/19 - $32,684
4/28/19 - $35,011
5/28/19 - $35,838
6/28/19 - $38,276
7/28/19 - $40,607
8/28/19 - $40,508
9/28/19 - $42,168
10/28/19 -$42,209
11/28/19 - $44,478
12/28/19 -$46,408
1/28/20 - $49,115
2/28/20 - $50,466
3/28/20 - $48,609
4/28/20 - $55,026
5/28/20 - $59,256
6/28/20 - $60,807
7/28/20 - $64,342
8/28/20 - $65,454
9/28/20 -  $65,495
10/28/20 - $67,282
11/28/20 - $70,737
12/28/20 - $72,895
1/28/21 - $79,429  +$6,534

Yee haw, we are making great progress.  In fact, the total has already grown to over $81k.  We have benefitted from a lot of income coming into me, some of it pre-payments from students, which goes directly into my savings for monthly use throughout the year (Admittedly, this isn't the same as long-term savings, but very often I'm able to divert this money into other savings buckets).

In addition to a windfall from my teaching studio, our higher 30% savings rate is awesome!

Feeling great, enjoying the progress.

Side note: The money I am tracking here is our investments and savings.  It doesn't include checking accounts or money set aside for taxes.  When you add that in, we are over $90k.  Our grand total should be reaching six figures soon!!

Yee haw!
Title: Re: Race from 10 to 100k!!
Post by: Rosy on February 02, 2021, 09:18:18 AM
Wow @DieHard_772 - you're hitting it hard - Yee haw:)

@LittleWanderer - way to go!!! Keep chuggin':)
Title: Re: Race from 10 to 100k!!
Post by: haypug16 on February 02, 2021, 01:25:05 PM
January 2021 Update
3/31/2017 (52,848.85) - Found MMM
3/31/2018 $(14,916.69) - 1 year in
3/31/2019 $9,917.20 - 2 years in
3/31/2020 $22,896.16 - 3 years in
4/30/2020 $32,841.74
5/31/2020 $41,382.08
6/30/2020 $49,125.78
7/31/2020 $54,499.66
8/31/2020 $61,881.00
9/30/2020 $60,837.47
10/31/2020 $60,621.36
11/30/2020 $69,864.27
12/31/2020 $78,754.14
1/31/2021 $84,269.08 - Increase of $5,514.94

Getting closer and closer to the end of this race. I hope to finish by spring/summer this year :)
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on February 03, 2021, 10:30:36 AM
Student Loan Debt:

01/12/19: $43,762
05/04/20: $21,456
11/09/20: $21,456
12/05/20: $21,456
01/02/21: $21,456
02/03/21: $21,456


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739
06/05/20: $18,006 ($7,267)
07/05/20: $8,594 (-$9,412)
08/05/20: $9,084 ($490)
09/01/20: $13,497 ($4,413)
10/01/20: $12,283 (-$1,214)
11/01/20: $15,692 ($3,409)
12/05/20: $19,528 ($3,836)
01/01/21: $21,735 ($2,207)
02/03/21: $21,870 ($135)


Very happy to see my net worth increase at all in January, due to some high expenses this past month. I refinanced my home in January with 15 yr at 1.75% and installed an electric pedal assist motor onto my bike so that I can now perform all errands in town without a car and not have to worry about an increase in time due to biking. I do not see any foreseeable expenses and expect a healthy savings rate in the coming months! Also, I am not tracking equity in my house which would be approximately 40-45k. Great to see everyone progressing!
Title: Re: Race from 10 to 100k!!
Post by: shinn497 on February 04, 2021, 10:16:58 AM
March 19 10450
Apr 19     12500
May 19    14800
June 19   17031
July 19    20100
Aug 19    23300
Sept 19   26300
Oct 19     29300
Nov 19    30500
Dec 19    33800
Jan 20     37100
Feb 20     37100
March 20 38413
Apr 20     32000
May 20     37000
June 20    42500
July 20     46300
Aug 20     50200
Sept 20     53400
Oct 20       55700
Nov 20      62000
Dec 20      66300
Jan 21       71500
Feb 21       77000

:)
Title: Re: Race from 10 to 100k!!
Post by: mountain mustache on February 05, 2021, 06:37:52 AM
10/02/2020- $14835.83
11/13/2020- $16110.56
12/11/2020- $16675.72
01/08/2021- $19310.15
01/22/2021- $20533.24
02/05/2021- $21534.62
Title: Re: Race from 10 to 100k!!
Post by: Kazyan on February 05, 2021, 08:10:14 AM
My stash has reached $79,000 (assuming a 20% loss on whatever gets pulled out of my 401k), which is larger than my remaining mortgage and student loan balances combined. Feels good.
Title: Re: Race from 10 to 100k!!
Post by: mgardner88 on February 05, 2021, 09:04:28 AM
7/1/2020: $46,295
8/1/2020: $49,461 (+3,166)
9/1/2020: $51,488 (+2,027)
10/1/2020: $52,753 (+1,265)
11/1/2020: $53,942 (+1,189)
12/1/2020: $56,152 (+2,210)
1/8/2021: $63,512 (+7,360)
2/5/2021: $67,571 (+4,059)
Title: Re: Race from 10 to 100k!!
Post by: jdhansen on February 06, 2021, 12:33:31 PM
6/14/2020  $50,099
7/1/2020    $51,768
8/1/2020    $56,146
9/5/2020    $59,010
10/2/2020  $62,038
10/30/2020 $61,623
12/3/2020  $70,606.90
1/1/2021    $72,663
2/6/2021    $110,058

Well, the goal has been achieved much quicker than expected after losing my job.  Turns out the pension that was offered at the previous employer cashes you out if you haven't vested, so we were able to roll $30K into our IRA.  Not the way I expected to achieve the goal, but nice to have reached this milestone.  6 years ago when DW and I agreed to get out of debt and start saving didn't think we would ever get to this point.

Good job to everyone who is keeping on their path and I'll see you all in the next thread.

Title: Re: Race from 10 to 100k!!
Post by: kaposzta on February 09, 2021, 02:11:19 AM
July 12, 2019: $66,565
Aug 1, 2019: $68,207 (+2.47%, +$1,642)
Aug 29, 2019: $69,931 (+2.53%, +$1,724)
Sept 29, 2019: $71,138 (+1.73%, +$1,207)
Oct 31, 2019: $71,517 (+0.53%, +$379)
Nov 29, 2019: $73,138 (+2.27%, +$1,621)
Jan 01, 2020: $74,276 (+1.56%, +$1,138)
Feb 06, 2020: $73,621 (-0.88%, -$655)
March 05, 2020: $74,517 (+1.22%, +$896)
No data for April, I lost my interest seeing the losses :)
May 05, 2020: $68,620 (-8.59%, -$5,897)
June 04, 2020: $70,345 (+2.51%, +$1,725)
July 02, 2020: $72,483 (+3.04%, +$2,138)
August 05, 2020: $74,655 (+3.00%, +$2,172)
Sept 03, 2020: $75,241 (+0.78%, +$586)
Oct 01, 2020: $77,551 (+3.07%, +$2,310)
Nov 05, 2020: $79,310 (+2.27%, +$1,759)
Dec 04, 2020: $81,241 (+2.43%, +$1,931)
Jan 04, 2021: $83,207 (+2.38%, +$1,931 <- same as in Nov :) )
Feb 05, 2021: $82,000 (-1.45%, -$1,207)

January is the most expensive month in the year, because this is when I send half of the yearly utility fees to my wife (who then pays utilities in each month to the service provider). Moreover, this is the time of the year when we transfer a small amount to our little daughter's investment account. And, I usually put the yearly total of my monthly child tax credit (~$400/year) into my child's envelope, which we use for buying stuff for her. And, my investments performed quite bad (-4%) in January.

On the bright side, since I had quite a lot of cash laying around after selling an ETF in December, I could buy more ETFs at this "cheap" price :)
In addition, this was my best month as a domainer, I sold 4 domains for a total of $1500. I'm reinvesting the profit to further improve my business. This was an exceptional month, and I do not expect anything similar this year.

I hope my ETFs go up this month, and hopefully I'll receive my long-awaited overtime payment ($120) and employee referral ($800) from my workplace. I also expect a strong SR (>65%), so I'm aiming $85,000 this month.
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on February 11, 2021, 11:08:36 AM
Wow @DieHard_772 - you're hitting it hard - Yee haw:)

Thanks @Rosy .  I hope steady progress is occurring for you too
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on February 11, 2021, 11:11:05 AM

Getting closer and closer to the end of this race. I hope to finish by spring/summer this year :)

Great job @haypug16.  Keep it up
Title: Re: Race from 10 to 100k!!
Post by: Rosy on February 13, 2021, 06:45:48 AM
My stash has reached $79,000 (assuming a 20% loss on whatever gets pulled out of my 401k), which is larger than my remaining mortgage and student loan balances combined. Feels good.

Congrats @Kazyan  - a milestone like that is a true game-changer!
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on February 13, 2021, 12:41:24 PM

I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big. My checking account is also not included as it has money I will likely spend this month. Goal for 2021 is to make it to $100K. - Aiming for June

Net worth:
2017:
Dec2017:$7800
2018
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658
Nov2018: $23,948 (+$290)
Dec2018: $23,960 (+12)
2019
Jan2019: $27,100 (+3140)
Feb2019: $29,443 (+2343)
Mar2019: $31,603 (+2160)
Apr2019: $33,959 (+2356)
May2019: $33,933 (-$26)
Jun2019: $37,928 (+3995)
Jul2019: $39,736 (+1808)
Aug2019: $39,918 (+182)
Sep2019: $34,179 (-5739)
Oct2019: $38,091 (+3912)
Nov2019: $39,867 (+1776)
Dec2019: $43836 (+$3968)
2020
Jan2020:$45,839 (+$2003)
Feb2020:$43,345 (-$2494)
Mar2020:$39,081 (-$4264)
Apr2020:$47,551 (+$9470)
May2020:$51,613 (+$4,061)
Jun2020:$56,760 (+$5147)
Jul2020:$61,567 (+$4,807)
Aug2020:$68,102 (+$6,535)
Sep2020:$68,212(+$109)
Oct2020:$68,976 (+$763)
Nov2020:$76,790 (+$7,814)
Dec2020:$82,778 (+$5,987)

Jan2021:$89,090.47 (+$6,321.50) - Posting late due to some family stuff. I will say I am impressed how much faster this last 3rd is going. In the 40-50k region, I was gaining 1-2k/month. Now I am gaining 4k/month. I really haven't changed how much I contribute. Good job to everyone closing in on their goals! Even if you didn't meet your goals for the year, you are likely better off this year than last year! 
Title: Re: Race from 10 to 100k!!
Post by: TerrierTown on February 17, 2021, 04:47:34 AM
01 Jun 2019 NW £44,112
01 Jul 2019 NW £46,737  (+£2,625)
02 Apr 2020 NW £61,865 (+£15,128)
15 Aug 2020 NW £73,912 (+£12,047)
15 Dec 2020 NW £80,781 (+£6,869)
17 Jan 2021 NW £83,923 (+£3,142)
17 Feb 2021 NW £86,418 (+£2,495)

Title: Re: Race from 10 to 100k!!
Post by: Rosy on February 23, 2021, 09:03:58 AM
GOAL - $100K by Dec 2021

$  4,588 June 2017
$ 10,117 Dec 2017

$ 10,715 Jan 2018
$ 31,034 Dec 2018
       
$ 31,094 Jan 2019
$ 50,000 Dec 2019

$ 53,000 Jan 2020
$ 85,000 Dec 2020

$ 86,863 Jan 2021
$ 92,800 Feb 2021

PROJECTED - March $95,200 - we'll see:).
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on February 24, 2021, 07:06:16 AM
Spread sheet is updated and ready for March numbers! Excited to see how everyone is doing.

https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?usp=sharing
Title: Re: Race from 10 to 100k!!
Post by: Tinker on February 24, 2021, 08:50:35 AM
worse than i should be doing. As to whether or not my splurges are deserving of facepunches, we'll see in a couple of months...
Title: Re: Race from 10 to 100k!!
Post by: catlady on February 25, 2021, 03:00:33 PM
 
2020
2021
25 Jan
   
$48 938 (+$26 476)
25 Feb
   
$50 686.73 (+$ 1748)
25 Sept
 
$11 699.98
 
25 Oct
 
$15 171.88 (+$3,471.9)
 
25 Nov
 
$17,631.78 (+$2,459.90)
 
25 Dec
 
$22,462.17 (+$4,830.39)
 

Spoiler: show
 Could be better, could be worse 🤷

Title: Re: Race from 10 to 100k!!
Post by: BobTheBuilder on February 26, 2021, 02:54:40 AM
58,231 - First update in a while. Go :-)
Title: Re: Race from 10 to 100k!!
Post by: Trifle on February 26, 2021, 02:56:36 AM
58,231 - First update in a while. Go :-)

Go Bob Go!  :)
Title: Re: Race from 10 to 100k!!
Post by: Imma on February 26, 2021, 11:17:28 AM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October: €11128.59
November: €11227,46
December: €11991,27
January: €12576,72
February: €11904,39
March: €10425,32
April: €11830,70
May: €12154,67
June: €14634,19
July: €15345,09
August: €16444,46
September: €17108,60
October: €16687,93
November: €17762,62
December: €19386,94
January: €20649.69
February: €22021,64

Goals for 2021:
Savings: €10.000
Investments: €25.000

Ever since I started my new job last autumn I have been able to move up to the next big number every month, and I'm up two this month! From 20 to 22! It's exciting to see those big numbers change. A couple of years ago I was happy when I made a few hundred € of progress.
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on February 27, 2021, 11:37:58 AM

July 2018: £20,385
October 2018: £24,504
January 2019: £25, 295
April 2019: £33,844
July 2019: £38,667
October 2019: £38,588
January 2020: £43,260
April  2020:  £38,094
July 2020: £49,062.35
August 2020: £50,172 just over halfway! :)
Sept 2020: £55,556
Oct 2020 : £56,42
Nov 2020: £57.565 absolute hammering in the markets this month!!!
Dec 2020 : £62,368
Jan 2021 £64,542
Feb 2021 £66,616 Markets fell out a bit this week and I had a dabble in the Gamestop mania (came out unscathed but slightly up to entry).




March 2021 £67,305 - I was over 70k earlier this month! Markets have completely shit the bed. Look forward to looking back at this in X number of years and it barely even registering as a dip in the market.
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on February 27, 2021, 01:11:12 PM
I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big. My checking account is also not included as it has money I will likely spend this month. Goal for 2021 is to make it to $100K. - Aiming for June

Net worth:
2017:
Dec2017:$7800
2018
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658
Nov2018: $23,948 (+$290)
Dec2018: $23,960 (+12)
2019
Jan2019: $27,100 (+3140)
Feb2019: $29,443 (+2343)
Mar2019: $31,603 (+2160)
Apr2019: $33,959 (+2356)
May2019: $33,933 (-$26)
Jun2019: $37,928 (+3995)
Jul2019: $39,736 (+1808)
Aug2019: $39,918 (+182)
Sep2019: $34,179 (-5739)
Oct2019: $38,091 (+3912)
Nov2019: $39,867 (+1776)
Dec2019: $43836 (+$3968)
2020
Jan2020:$45,839 (+$2003)
Feb2020:$43,345 (-$2494)
Mar2020:$39,081 (-$4264)
Apr2020:$47,551 (+$9470)
May2020:$51,613 (+$4,061)
Jun2020:$56,760 (+$5147)
Jul2020:$61,567 (+$4,807)
Aug2020:$68,102 (+$6,535)
Sep2020:$68,212(+$109)
Oct2020:$68,976 (+$763)
Nov2020:$76,790 (+$7,814)
Dec2020:$82,778 (+$5,987)
2021
Jan2021:$89,090 (+$6,321)
Feb2021:$86,608.20 (-$2482.27) The drop is entirely from the stock market dropping. It will probably go up next month, a little bit of extra money should get added to the stock market next month due to a bonus from work.
Title: Re: Race from 10 to 100k!!
Post by: GatorNation on February 27, 2021, 04:58:48 PM
Jan 1, 2020- ($106,695.56)
Dec 1, 2020- $16,441.11   
Jan 1, 2021-  $26,005.07   
Feb 1, 2021-  $38,479.28
Mar 1, 2021-  $50,563.25
Title: Re: Race from 10 to 100k!!
Post by: Serendip on February 27, 2021, 09:42:32 PM
Dec '17    18,146
Jan '18     23,607
Dec '18    48,380
Dec '19    60,746
Jan '20     63,186
May '20    62,300
June '20   63,000
July '20    58,562
Oct '20     60,900

Dec '20    62,900
Jan '21    65,400
Feb '21    67,600

(!!!)
Had to pay out $800 in dental work (with another $700 of work coming up).
So glad I have a little emergency fund exactly for things like this!
:)
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on February 28, 2021, 09:56:19 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-    137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)

01/03/2021: 43.488,25 € (+4.359,60 €)

Roughly 1,3k of that gain were savings. It was already at almost 48k, but then BTC came back down again. I started last summer with less than 5 % in crypto, now it's up to almost 30 % without any additional investments into crypto. It's crazy, but all additional investments still go into ETFs.
Title: Re: Race from 10 to 100k!!
Post by: hal on February 28, 2021, 11:03:57 AM
MonthInvested TNW
Aug 2020$7,009.45$44,173.61
Sep 2020$11,791.74$44,286.81
Oct 2020$31,492.96$64,282.56
Nov 2020$41,576.98$73,480.24
Dec 2020$50,880.91$81,261.12
Jan 2021$57,339.00$89,777.45
Feb 2021$64,586.53$97,514.01

Back to a more normal month, spending wise. These numbers were looking better until a dip late in the month. Oh well, time to keep chugging along. Savings rate for the month was 65%.

As an aside, I think I'll stay in this group until my invested amount is $100k, as that was my original intention. But for further races, I might consider using total net worth instead. That's because in February, my wife found out that she landed her dream job in the Bay Area... so we'll have to move out there. As a consequence, we're considering whether we should start aggressively saving for a down payment (or increase emergency fund) in cash. But that's for when we get past $100k invested... hopefully soon.
Title: Re: Race from 10 to 100k!!
Post by: Tass on February 28, 2021, 05:32:45 PM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k
Dec 18$22.4k
Jan 19$24.7k
Feb 19$27.2k
Mar 19$29.3k
Apr 19$31.3k
May 19$31.5k
Jun 19$33.3k
Jul 19$35.1k
Aug 19$36.7k
Sep 19$38.6k
Oct 19$40.2k
Nov 19$42.6k
Dec 19$44.6k
Jan 20$49.0k
Feb 20$46.5k
Mar 20$42.7k
Apr 20$47.5k
May 20$50.6k
Jun 20$53.5k
Jul 20$58.5k
Aug 20$63.0k
Sept 20$63.2k
Sept 20$62.9k
Nov 20$69.9k
Dec 20$75.0k
Jan 21$76.2k

Feb 21: $79.0k

Right now I'm predicting ~$90k by the end of this year. Given my plans to get a new job and move across the country, I could easily exceed that or fall well short. We'll see!
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on March 01, 2021, 01:05:32 AM
Tracking investments, emergency fund and additional pension investments (all to be used to retire together with SO!)
(not tracking company pension investments, house value and current accounts / special project savings)

15 May 2020: EUR 17,034 (started tracking)
15 December 2020: EUR 23,325

31 January 2021: EUR 24,040
28 February 2021: EUR 25,103
(2021 goal: EUR 35K)

YES!!!! Crossed the EUR 25K mark. And having the first two digits change upward every month is very motivating! I just hope I can keep up and have this change every month, so I will reach my 2021 goal.
Title: Re: Race from 10 to 100k!!
Post by: regenaeb on March 01, 2021, 07:06:30 AM
11/30/20 - SEP Balance $ 15524.45 + Roth $ 1770.76 - Student loan balance $ 6897.45 = $ 10,397.76
12/30/20 - SEP Balance $ 16106.09 + Roth $ 1813.94 - Student loan balance $ 6306.71 = $ 11,613.32

01/29/21 - SEP + Roth $ 20,139.02 - Student loan balance $ 5,316.32 = $ 14,822.70
02/28/21 - SEP + Roth $ 21,680.41 - Student loan balance $ 4,000.15 = $ 17,680.26
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on March 01, 2021, 07:14:14 AM

2018
1/31 : (5949.05)
2/28 : (5288.30)
3/31 : (4273.93)
4/30 : (2592.07)
5/31 : (629.70)
6/30 : 1,206.77
7/31 : 2,703.97
8/31: 5,651.70
9/31: 8,039.01
10/31: 7,803.49
11/30: 9,531.28
12/31: 9,296.79

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

2020
1/31/2020: $44,514
2/29/2020: $48,891
3/31/2020: $46,104
4/30/2020: $52,720
5/31/2020: $55,177
6/30/2020: $59,720
7/31/2020: $65,792
8/31/2020: $71,970
9/30/2020: $72,466
10/31/2020: $72,288
11/30/2020: $80,093
12/31/2020: $84,002

[/2021b]
1/31/2021: $85,576


2/28/2021: $ 86,616

Not a great month for me. Currently in the process of completely renovating our new to us house and it has taken a good amount of my savings account. retirement accounts did amazing though this past month!
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on March 01, 2021, 08:46:46 AM
Tracking full net worth.

EOY 12.2016 - (-£10,250)
EOY 12.2017 - £4,360
EOY 12.2018 - £40,620
EOY 12.2019 - £62,523
EOY 12.2020 - £82,420
01.2021 - £84,647 (+2,227)
02.2021 - £86,456 (+1,809)
03.2021 - £88,885 (+2,429)

Assets = £90,010
Student loans = (£1,125)
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on March 01, 2021, 12:57:27 PM
Student Loan Debt:

01/12/19: $43,762
05/04/20: $21,456
11/09/20: $21,456
12/05/20: $21,456
01/02/21: $21,456
02/03/21: $21,456
03/01/21: $21,456


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739
06/05/20: $18,006 ($7,267)
07/05/20: $8,594 (-$9,412)
08/05/20: $9,084 ($490)
09/01/20: $13,497 ($4,413)
10/01/20: $12,283 (-$1,214)
11/01/20: $15,692 ($3,409)
12/05/20: $19,528 ($3,836)
01/01/21: $21,735 ($2,207)
02/03/21: $21,870 ($135)
03/01/21: $23,417 ($1,547)

Continuing to move in the right direction, also expecting a large tax return to be deposited into my account this coming month.
Title: Re: Race from 10 to 100k!!
Post by: triple7stash on March 01, 2021, 09:11:43 PM
12/28/2020 - $62,783
1/28/2021 - $67,335.21
2/28/2021 - $69,404
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on March 01, 2021, 09:50:25 PM
                       2018                2019                2020                2021                2022               
January$6,455-$14,460$34,473-
February--$14,991$36,257-
March--$14,632$38,256-
April-$10,960$13,884--
May--$17,011--
June--$19,255--
July--$20,358--
August--$21,993--
September--$23,312--
October--$24,777--
November-$13,466$26,407--
December$9,518-$30,697--

Slow and steady... And a bit boring... I'll take it!
Title: Re: Race from 10 to 100k!!
Post by: catorbe on March 02, 2021, 08:28:51 AM
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k
Dec 18$22.4k
Jan 19$24.7k
Feb 19$27.2k
Mar 19$29.3k
Apr 19$31.3k
May 19$31.5k
Jun 19$33.3k
Jul 19$35.1k
Aug 19$36.7k
Sep 19$38.6k
Oct 19$40.2k
Nov 19$42.6k
Dec 19$44.6k
Jan 20$49.0k
Feb 20$46.5k
Mar 20$42.7k
Apr 20$47.5k
May 20$50.6k
Jun 20$53.5k
Jul 20$58.5k
Aug 20$63.0k
Sept 20$63.2k
Sept 20$62.9k
Nov 20$69.9k
Dec 20$75.0k
Jan 21$76.2k

Feb 21: $79.0k

Right now I'm predicting ~$90k by the end of this year. Given my plans to get a new job and move across the country, I could easily exceed that or fall well short. We'll see!

Mine and yours progress is so similar over the last couple years. I'm expecting to hit $100,000 by the end of the year. So step it up! We got this! Save Save Save! :)
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on March 02, 2021, 02:25:13 PM
February 2020 - $35,701
March 2020 - $32,466
April 2020 - $36,157
May 2020 - $38,540
June 2020 - $39,514
July 2020 - $42,207
August 2020 - $44,045
September 2020 - $44,514
October 2020 - $45,564
November 2020 - $50,152
December 2020 - $52,356
January 2021 - $53,423

February 2021 - $54,304

Sooooo that number would have been higher had I not decided to impulse buy a new bike, but I impulse bought a new bike, so here we are.  Haha. 
Title: Re: Race from 10 to 100k!!
Post by: sb510 on March 02, 2021, 07:14:32 PM
(Start of)
Oct 2020 — $4,757
Nov 2020 — $7,823
Dec 2020 — $10,385 (Started MMM 100k challenge)
Jan 2021 — $14,012
Feb 2021 — $16,462
Mar 2021 — $19,162

I'm going to stretch my goal to $36k by this October. Great to see others progressing and moving on to the next thread :)
Title: Re: Race from 10 to 100k!!
Post by: mgardner88 on March 03, 2021, 09:06:34 AM
7/1/2020: $46,295
8/1/2020: $49,461 (+3,166)
9/1/2020: $51,488 (+2,027)
10/1/2020: $52,753 (+1,265)
11/1/2020: $53,942 (+1,189)
12/1/2020: $56,152 (+2,210)
1/8/2021: $63,512 (+7,360)
2/5/2021: $67,571 (+4,059)
3/3/2021: $70,618 (+3,047)

Almost the entire amount added this month was due to contributions. Cash flowed our roof replacement but replaced the money in savings with our tax refund. Going to keep it there as a small emergency fund. With just our contributions we could get to 100k by December. Im hoping with the markets help to reach it by October.  +24,323 added since ive been tracking. +14,466 this year.
Title: Re: Race from 10 to 100k!!
Post by: Serendip on March 03, 2021, 09:49:44 AM

Sooooo that number would have been higher had I not decided to impulse buy a new bike, but I impulse bought a new bike, so here we are.  Haha.

I have to say...bikes are one of the best inventions! Hope you have a great time with your new bicyclette.
Title: Re: Race from 10 to 100k!!
Post by: hal on March 03, 2021, 12:50:09 PM

Sooooo that number would have been higher had I not decided to impulse buy a new bike, but I impulse bought a new bike, so here we are.  Haha.

I have to say...bikes are one of the best inventions! Hope you have a great time with your new bicyclette.

Bikes are always a worthy investment along the way to FIRE.

(I say this as I look at increasing the number of bikes I own, hah!)
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on March 04, 2021, 10:21:39 AM
7/1/2020: $46,295
8/1/2020: $49,461 (+3,166)
9/1/2020: $51,488 (+2,027)
10/1/2020: $52,753 (+1,265)
11/1/2020: $53,942 (+1,189)
12/1/2020: $56,152 (+2,210)
1/8/2021: $63,512 (+7,360)
2/5/2021: $67,571 (+4,059)
3/3/2021: $70,618 (+3,047)

Almost the entire amount added this month was due to contributions. Cash flowed our roof replacement but replaced the money in savings with our tax refund. Going to keep it there as a small emergency fund. With just our contributions we could get to 100k by December. Im hoping with the markets help to reach it by October.  +24,323 added since ive been tracking. +14,466 this year.

Way to go @mgardner88

I'm in a similar situation, being very close to $100k, and I am reminding myself that markets will do what they do,
and no matter what my persistence will keep pushing the needle higher.

Keep it up
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on March 04, 2021, 10:24:29 AM


Our Investments and Savings (not including checking accounts)

9/28/18  - $22,949
10/28/18 - $23,952
11/28/18 - $27,878
1/28/19 - $28,853
2/28/19 - $31,682
3/28/19 - $32,684
4/28/19 - $35,011
5/28/19 - $35,838
6/28/19 - $38,276
7/28/19 - $40,607
8/28/19 - $40,508
9/28/19 - $42,168
10/28/19 -$42,209
11/28/19 - $44,478
12/28/19 -$46,408
1/28/20 - $49,115
2/28/20 - $50,466
3/28/20 - $48,609
4/28/20 - $55,026
5/28/20 - $59,256
6/28/20 - $60,807
7/28/20 - $64,342
8/28/20 - $65,454
9/28/20 -  $65,495
10/28/20 - $67,282
11/28/20 - $70,737
12/28/20 - $72,895
1/28/21 - $79,429
2/28/21 - $83,727  (+$4,298)

Our progress is very satisfying.  When including our checking accounts and tax accounts, we're within $5k of $100k.
It's happening. Feels great!
Title: Re: Race from 10 to 100k!!
Post by: kaposzta on March 04, 2021, 11:02:59 AM
July 12, 2019: $66,565
Aug 1, 2019: $68,207 (+2.47%, +$1,642)
Aug 29, 2019: $69,931 (+2.53%, +$1,724)
Sept 29, 2019: $71,138 (+1.73%, +$1,207)
Oct 31, 2019: $71,517 (+0.53%, +$379)
Nov 29, 2019: $73,138 (+2.27%, +$1,621)
Jan 01, 2020: $74,276 (+1.56%, +$1,138)
Feb 06, 2020: $73,621 (-0.88%, -$655)
March 05, 2020: $74,517 (+1.22%, +$896)
No data for April, I lost my interest seeing the losses :)
May 05, 2020: $68,620 (-8.59%, -$5,897)
June 04, 2020: $70,345 (+2.51%, +$1,725)
July 02, 2020: $72,483 (+3.04%, +$2,138)
August 05, 2020: $74,655 (+3.00%, +$2,172)
Sept 03, 2020: $75,241 (+0.78%, +$586)
Oct 01, 2020: $77,551 (+3.07%, +$2,310)
Nov 05, 2020: $79,310 (+2.27%, +$1,759)
Dec 04, 2020: $81,241 (+2.43%, +$1,931)
Jan 04, 2021: $83,207 (+2.38%, +$1,931 <- same as in Nov :) )
Feb 05, 2021: $82,000 (-1.45%, -$1,207)
March 04, 2021: $81,655 (-0.42%, -$345)

I had a 77% SR in February, and I even had two domain sales totaling $653, but I had a bad month again investment-wise (-4%). No problem, it was a great opportunity again to buy cheap ETFs :) I expect an $800 referral payment from my company, and maybe we'll get the yearly bonus (~$1600-1700) with our next salary, so I hope my SR will be even better than this month.
Title: Re: Race from 10 to 100k!!
Post by: mgardner88 on March 05, 2021, 08:51:45 AM


Our Investments and Savings (not including checking accounts)

9/28/18  - $22,949
10/28/18 - $23,952
11/28/18 - $27,878
1/28/19 - $28,853
2/28/19 - $31,682
3/28/19 - $32,684
4/28/19 - $35,011
5/28/19 - $35,838
6/28/19 - $38,276
7/28/19 - $40,607
8/28/19 - $40,508
9/28/19 - $42,168
10/28/19 -$42,209
11/28/19 - $44,478
12/28/19 -$46,408
1/28/20 - $49,115
2/28/20 - $50,466
3/28/20 - $48,609
4/28/20 - $55,026
5/28/20 - $59,256
6/28/20 - $60,807
7/28/20 - $64,342
8/28/20 - $65,454
9/28/20 -  $65,495
10/28/20 - $67,282
11/28/20 - $70,737
12/28/20 - $72,895
1/28/21 - $79,429
2/28/21 - $83,727  (+$4,298)

Our progress is very satisfying.  When including our checking accounts and tax accounts, we're within $5k of $100k.
It's happening. Feels great!

Thank you @DieHard_772, you are so right about persistence. It looks like you are getting some real momentum, I keep reading the first 100k is the hardest. You are so close. Keep it up!
Title: Re: Race from 10 to 100k!!
Post by: mountain mustache on March 09, 2021, 06:49:13 AM
10/02/2020- $14835.83
11/13/2020- $16110.56
12/11/2020- $16675.72
01/08/2021- $19310.15
01/22/2021- $20533.24
02/05/2021- $21534.62
03/08/2021- $23372.12

Moving along ok over here. Have had some unexpected medical expenses come up, so my savings is going to slow quite a bit for the rest of the year, but hopefully I will still be able to hit my goal of $30K by the end of the year.
Title: Re: Race from 10 to 100k!!
Post by: TerrierTown on March 17, 2021, 04:54:41 PM
01 Jun 2019 NW £44,112
01 Jul 2019 NW £46,737  (+£2,625)
02 Apr 2020 NW £61,865 (+£15,128)
15 Aug 2020 NW £73,912 (+£12,047)
15 Dec 2020 NW £80,781 (+£6,869)
17 Jan 2021 NW £83,923 (+£3,142)
17 Feb 2021 NW £86,418 (+£2,495)
17 Mar 2021 NW £89,618 (+£3,200)
Title: Re: Race from 10 to 100k!!
Post by: catorbe on March 18, 2021, 09:59:28 AM
I'm over $80,000!!!
Title: Re: Race from 10 to 100k!!
Post by: Rimu05 on March 18, 2021, 10:06:20 AM
I just graduated the Race to 10K thread so joining this one. :)

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


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

Total -  10,073

Monthly update:

Student loan - ($24,307.94)



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

Total -  14,548

Two months later:

Student loan - ($24,307.94)



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

Total -  17,843.27

I haven't updated in a while but

Student loan - ($23,760.22)



Savings - $7300
HSA - $2955.58
Checking - $560.68
401K - $52,816.33
Roth IRA - $1,514.2

Total -  40,699.37

Goals this year: To tackle my student loans while they are at 0%. Hoping to get them to $10,000.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on March 18, 2021, 04:24:27 PM
I'm over $80,000!!!

YEAH!  Keep it rolling!
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on March 20, 2021, 12:57:43 PM


Our Investments and Savings (not including checking accounts)

9/28/18  - $22,949
10/28/18 - $23,952
11/28/18 - $27,878
1/28/19 - $28,853
2/28/19 - $31,682
3/28/19 - $32,684
4/28/19 - $35,011
5/28/19 - $35,838
6/28/19 - $38,276
7/28/19 - $40,607
8/28/19 - $40,508
9/28/19 - $42,168
10/28/19 -$42,209
11/28/19 - $44,478
12/28/19 -$46,408
1/28/20 - $49,115
2/28/20 - $50,466
3/28/20 - $48,609
4/28/20 - $55,026
5/28/20 - $59,256
6/28/20 - $60,807
7/28/20 - $64,342
8/28/20 - $65,454
9/28/20 -  $65,495
10/28/20 - $67,282
11/28/20 - $70,737
12/28/20 - $72,895
1/28/21 - $79,429
2/28/21 - $83,727  (+$4,298)

Our progress is very satisfying.  When including our checking accounts and tax accounts, we're within $5k of $100k.
It's happening. Feels great!

Thank you @DieHard_772, you are so right about persistence. It looks like you are getting some real momentum, I keep reading the first 100k is the hardest. You are so close. Keep it up!

Thanks @mgardner88 .  The biggest surprise in this process I think has been seeing just how much it starts to add up.
Not too long ago I was on the "Racing to 10k" thread just trying together there.  Now I'm starting to fantasize about multiple SIX FIGURES, which is on its way.
Title: Re: Race from 10 to 100k!!
Post by: dizzy on March 23, 2021, 03:08:31 PM
Oct 2019- $1000
Nov 2019- $2340
Dec 2019- $2779
Jan 2020- $5658
Feb 2020- $5539
Mar 2020- $5024
Apr 2020- $5444
May 2020- $8302  (wherein I finally got some of unemployment)
June 2020- $20864 (wherein I got more unemployment plus the EIDL)
mid July 2020- $31724 (got the rest of the backpay, woohoo!)
7/31/20- $33340
9/2/20- $36366
9/17/20 - $42978
10/2/20- $43800
10/31/20- $47854
11/11/20- $53709
12/23/20- $64158
1/8/21- $69542
3/23/21- $81890

Really thought I had stalled out, no, I guess I haven't!
I finally am getting my unemployment unlocked after a couple months, it's super goofed up now (they input wrong numbers) but at least I will get part of it.  Income should have a little boost again- some increased $, regular work opportunities.  Hopefully some gigs actually will happen for music this year too.

Getting ready to have a wedding this year (yay!!!!) which will be an expense (we are TRYING to keep it under $5k but still nice- ~125 guests in a metro area?  right....). Luckily our parents want to help.  We don't need it but dang, will appreciate it.
Title: Re: Race from 10 to 100k!!
Post by: Serendip on March 24, 2021, 09:16:51 PM
Dec '17    18,146
Jan '18     23,607
Dec '18    48,380
Dec '19    60,746
Jan '20     63,186
May '20    62,300
June '20   63,000
July '20    58,562
Oct '20     60,900

Dec '20    62,900
Jan '21    65,400
Feb '21    67,600
Mar '21    68,750

slowly but surely..ticking upwards.
(And Hoping I don't owe too much for taxes this year!)
Title: Re: Race from 10 to 100k!!
Post by: shinn497 on March 27, 2021, 01:29:31 AM
March 19 10450 (At beginning of the month)
Apr 19     12500
May 19    14800
June 19   17031
July 19    20100
Aug 19    23300
Sept 19   26300
Oct 19     29300
Nov 19    30500
Dec 19    33800
Jan 20     37100
Feb 20     37100
March 20 38413
Apr 20     32000
May 20     37000
June 20    42500
July 20     46300
Aug 20     50200
Sept 20     53400
Oct 20       55700
Nov 20      62000
Dec 20      66300
Jan 21       71500
Feb 21       77000
March 21   80500
Title: Re: Race from 10 to 100k!!
Post by: catlady on March 27, 2021, 04:45:54 AM
 
2020
2021
25 Jan
   
$48 938 (+$26 476)
25 Feb
   
$50 686.73 (+$ 1748)
25 Mar
   
$52 418 (+$ 1731)
25 Sept
 
$11 699.98
 
25 Oct
 
$15 171.88 (+$3,471.9)
 
25 Nov
 
$17,631.78 (+$2,459.90)
 
25 Dec
 
$22,462.17 (+$4,830.39)
 

Spoiler: show
 Could be better, could be worse 🤷

Title: Re: Race from 10 to 100k!!
Post by: Rosy on March 27, 2021, 02:01:35 PM
GOAL - $100K by Dec 2021

$  4,588 June 2017
$ 10,117 Dec 2017

$ 10,715 Jan 2018
$ 31,034 Dec 2018
       
$ 31,094 Jan 2019
$ 50,000 Dec 2019

$ 53,000 Jan 2020
$ 85,000 Dec 2020

$ 86,863 Jan 2021
$ 92,800 Feb 2021
$ 95,200 Mar 2021

PROJECTED April $ 97,500 - I expect to reach $100K by mid May.

2021 has been such smooth sailing it is a bit unnerving.

I will not move on to another thread since this $100K serves primarily as a cash cushion so I can sleep at night. I will be shifting to investments starting in June, perhaps look into other possibilities for monthly investments.
This 100K will remain liquid at all times, it is meant to be an untouchable cash cushion in the event SHTF or we need cash while Mr. R. transitions into retirement.
I intend to spend a bit more monthly in the future for indulgencies, but I will continue to earmark a percentage for investments of some sort, probably just Vanguard but I might play a bit as well, we'll see.

Together we have met our FI goals a while ago and Mr. R. is on track for retirement in April of 2023.
No fat fire here, but comfortable retirement - we consider ourselves fortunate, we are situated well with decent health to boot.

Thanks for all the encouragement along the way, y'all helped me find my way and stay on course.
Thank you everyone for the enlightenment, inspiration but most of all for opening my eyes for what is possible, even if you are low income.
I'll report back once more when I'm past $100K. Cheerio!:)
Title: Re: Race from 10 to 100k!!
Post by: triple7stash on March 28, 2021, 02:22:02 PM
Tracking investing in SPN (which doesn't include roth)

12/28/2020 - $62,783
1/28/2021 - $67,335.21
2/28/2021 - $69,404
3/28/2021 - $71,869
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on March 31, 2021, 02:07:24 AM

July 2018: £20,385
October 2018: £24,504
January 2019: £25, 295
April 2019: £33,844
July 2019: £38,667
October 2019: £38,588
January 2020: £43,260
April  2020:  £38,094
July 2020: £49,062.35
August 2020: £50,172 just over halfway! :)
Sept 2020: £55,556
Oct 2020 : £56,42
Nov 2020: £57.565 absolute hammering in the markets this month!!!
Dec 2020 : £62,368
Jan 2021 £64,542
Feb 2021 £66,616 Markets fell out a bit this week and I had a dabble in the Gamestop mania (came out unscathed but slightly up to entry).
March 2021 £67,305 - I was over 70k earlier this month! Markets have completely shit the bed. Look forward to looking back at this in X number of years and it barely even registering as a dip in the market.

April 2021 £71,137  - Some significant changes are underway. I've invested £1.5k into cryptocurrencies (roughly 2% of portfolio), I've got some fairly expensive elective surgery coming up that will put a dent in savings for the next few months AND our first child is on the way, so who knows what that means for my savings plans! :)
Title: Re: Race from 10 to 100k!!
Post by: regenaeb on March 31, 2021, 06:20:54 AM
11/30/20 - SEP Balance $ 15524.45 + Roth $ 1770.76 - Student loan balance $ 6897.45 = $ 10,397.76
12/30/20 - SEP Balance $ 16106.09 + Roth $ 1813.94 - Student loan balance $ 6306.71 = $ 11,613.32

01/29/21 - SEP + Roth $ 20,139.02 - Student loan balance $ 5,316.32 = $ 14,822.70
02/28/21 - SEP + Roth $ 21,680.41 - Student loan balance $ 4,000.15 = $ 17,680.26
03/31/21 - SEP + Roth $ 22,823.38 - Student loan balance $ 2,994.55 = $ 19,828.83
Title: Re: Race from 10 to 100k!!
Post by: Tass on March 31, 2021, 08:56:18 AM
20172018201920202021
January$12.1k$24.7k$49.0k$76.2k
February$13.6k$27.2k$46.5k$79.0k
March$15.1k$29.3k$42.7k$82.6k
April$16.6k$31.3k$47.5k
May$17.7k$31.5k$50.6k
June$18.5k$33.3k$53.5k
July6.2k$20.2k$35.1k$58.5k
August$6.8k$20.8k$36.7k$63.0k
September   $8.2k$22.2k$38.6k$63.2k
October$9.0k$21.7k$40.2k$62.9k
November$9.9k$22.5k$42.6k$69.9k
December$11.1k   $22.4k   $44.6k   $75.0k   

I rearranged my table to take up less space. Who was going to tell me I had been reporting two September 2020s in a row?

More than I ever expected to have at this point. Congrats @catorbe on your similar progress. :)
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on March 31, 2021, 11:53:19 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-    137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)

01/04/2021: 50.227,75 € (+6.739,50 €)

Savings were roughly 1,1k. Didn't think I'd hit 50k until much later this year, but the crypto position keeps going up. Savings should be going up the next few months.
Title: Re: Race from 10 to 100k!!
Post by: catorbe on March 31, 2021, 01:16:47 PM
20172018201920202021
January$12.1k$24.7k$49.0k$76.2k
February$13.6k$27.2k$46.5k$79.0k
March$15.1k$29.3k$42.7k$82.6k
April$16.6k$31.3k$47.5k
May$17.7k$31.5k$50.6k
June$18.5k$33.3k$53.5k
July6.2k$20.2k$35.1k$58.5k
August$6.8k$20.8k$36.7k$63.0k
September   $8.2k$22.2k$38.6k$63.2k
October$9.0k$21.7k$40.2k$62.9k
November$9.9k$22.5k$42.6k$69.9k
December$11.1k   $22.4k   $44.6k   $75.0k   

I rearranged my table to take up less space. Who was going to tell me I had been reporting two September 2020s in a row?

More than I ever expected to have at this point. Congrats @catorbe on your similar progress. :)

Thanks Tass! Now the race is really on! My goal was $100k by the end of the year but let's see who can beat their original goal by the most!
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on March 31, 2021, 04:02:20 PM
March 2020 - $32,466
April 2020 - $36,157
May 2020 - $38,540
June 2020 - $39,514
July 2020 - $42,207
August 2020 - $44,045
September 2020 - $44,514
October 2020 - $45,564
November 2020 - $50,152
December 2020 - $52,356
January 2021 - $53,423
February 2021 - $54,304

March 2021 - $58,321

My 401K made a big rebound.  Woo hoo!  It's weird to start to see that have more of an affect on my net worth.  Back when I didn't have as much in there, it was just a tiny blip. 
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on March 31, 2021, 07:29:37 PM
I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big. My checking account is also not included as it has money I will likely spend this month. Goal for 2021 is to make it to $100K. - Aiming for June

Net worth:
2017:
Dec2017:$7800
2018
Apr2018:$13,200
Aug2018:$22,800
Sep2018: $23,645
Oct2018: $23,658
Nov2018: $23,948 (+$290)
Dec2018: $23,960 (+12)
2019
Jan2019: $27,100 (+3140)
Feb2019: $29,443 (+2343)
Mar2019: $31,603 (+2160)
Apr2019: $33,959 (+2356)
May2019: $33,933 (-$26)
Jun2019: $37,928 (+3995)
Jul2019: $39,736 (+1808)
Aug2019: $39,918 (+182)
Sep2019: $34,179 (-5739)
Oct2019: $38,091 (+3912)
Nov2019: $39,867 (+1776)
Dec2019: $43836 (+$3968)
2020
Jan2020:$45,839 (+$2003)
Feb2020:$43,345 (-$2494)
Mar2020:$39,081 (-$4264)
Apr2020:$47,551 (+$9470)
May2020:$51,613 (+$4,061)
Jun2020:$56,760 (+$5147)
Jul2020:$61,567 (+$4,807)
Aug2020:$68,102 (+$6,535)
Sep2020:$68,212(+$109)
Oct2020:$68,976 (+$763)
Nov2020:$76,790 (+$7,814)
Dec2020:$82,778 (+$5,987)
2021
Jan2021:$89,090 (+$6,321)
Feb2021:$86,608 (-$2482)
Mar2021:$98,860.10 (+$12,259.90) Quite a few good things happening here, I got a larger bonus than I was expecting that I used to pay off debt (that was counting against net worth) and the stock market made some nice gains! With a little luck, I should make it to 100k next month! We will see how it goes, going to keep on keeping on.
Title: Re: Race from 10 to 100k!!
Post by: Imma on April 01, 2021, 02:48:05 AM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October 2019: €11128.59
November 2019: €11227,46
December 2019: €11991,27
January 2020: €12576,72
February 2020: €11904,39
March 2020: €10425,32
April 2020: €11830,70
May 2020: €12154,67
June 2020: €14634,19
July 2020: €15345,09
August 2020: €16444,46
September 2020: €17108,60
October 2020: €16687,93
November 2020: €17762,62
December 2020: €19386,94
January 2021: €20649.69
February 2021: €22021,64
March 2021: €22763,55

Goals for 2021:
Savings: €10.000
Investments: €25.000

@Rosy you have been such an inspiration to others too! You have already won the game, as far as I understand, so I totally get that you want to start spending a little bit more on things that make you happy. And any money left over can still go into the market.

I have been spending a bit more this month as well. I hardly ever buy clothes and certainly not new but I bought two new dresses this month - expensive dresses because they are made in Europe from sustainable fabrics. Over the past year I've probably spent about €750 on clothes, which is probably more than I've spent the last 5 years together. But all were necessary purchases (a winter coat to replace my 15-year old coat, winter shoes, a winter dress, a spring dress and a summer dress) and I just don't feel comfortable in thrift shops right now. I'll go back to buying used as soon as I get my vaccine. I still need new shoes for summer, then I'm good for the next couple of years.

I also spent quite a bit on shipping handmade Easter care packages to friends worldwide and I bought some stuff to cheer up my Easter table, although we won't have visitors: some vintage tableware. I have a small collection from inheritances/thrift shops but the new-to-me items are bought from a small, independent online shop. I paid more than the usual €1 in the thrift shop, but €25 including shipping for a whole box is still fairly acceptable. And I'm supporting a small business. Just trying to justify my Covid spending spree ;-) It's stupid but I just know my cute vintage butterdish will spark lots of joy for me.
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on April 01, 2021, 03:00:27 AM
Tracking investments, emergency fund and additional pension investments (all to be used to retire together with SO!)
(not tracking company pension investments, house value and current accounts / special project savings)

15 May 2020: EUR 17,034 (started tracking)
15 December 2020: EUR 23,325

31 January 2021: EUR 24,040
28 February 2021: EUR 25,103
31 March 2021: EUR 26,263
(2021 goal: EUR 35K)

And again a steady increase. It's beginning to look a bit boring (like life in COVID times).......
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on April 01, 2021, 07:27:26 AM

2018                             2019                              2020                            2021
1/31: (5949.05)              1/31: 13,493.35              1/31: 44,514                 1/31: 85,576
2/28: (5288.30)              2/28: 15,766.50              2/29: 48,891                 2/28:  86,616
3/31: (4273.93)              3/31: 19,286                   3/31: 46,104
4/30: (2592.07)              4/30: 19,283                   4/30: 52,720
5/31: (629.70)                5/31: 18,676                   5/31: 55,177
6/30: 1,206.77                6/30: 22,362                   6/30: 59,720
7/31: 2,703.97                7/31: 24,646                   7/31: 65,792
8/31: 5,651.70                8/30: 27,199                   8/31: 71,970
9/31: 8,039.01                9/31: 30,664                   9/30: 72,466
10/31: 7,803.49              10/31: 33,343                 10/31: 72,288
11/30: 9,531.28              11/30: 35,249                 11/30: 80,093
12/31: 9,296.79              12/31: 39,079                 12/31: 84,002


3/31/2021: $94,099

Big jump this month but that was to be expected with stimulus payment. Will have more bills for the new how coming out here next month to most likely wont see much change next month but only time will tell on that.

Spread sheet is updated and ready to be filled in:
https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?usp=sharing
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on April 01, 2021, 07:50:32 AM
                       2018                2019                2020                2021                2022               
January$6,455-$14,460$34,473-
February--$14,991$36,257-
March--$14,632$38,256-
April-$10,960$13,884$47,021-
May--$17,011--
June--$19,255--
July--$20,358--
August--$21,993--
September--$23,312--
October--$24,777--
November-$13,466$26,407--
December$9,518-$30,697--

Bit of a bump. I should hit 50K next month!
Title: Re: Race from 10 to 100k!!
Post by: hal on April 01, 2021, 11:13:37 AM
MonthInvested TNW
Aug 2020$7,009$44,174
Sep 2020$11,792$44,287
Oct 2020$31,493$64,283
Nov 2020$41,577$73,480
Dec 2020$50,881$81,261
Jan 2021$57,339$89,777
Feb 2021$64,587$97,514
Mar 2021$72,121$107,895

Exceeded $100k in TNW this month! Meeting that goal in investments seems closer and closer. We are upping our emergency fund as we have a cross country move. Tomorrow I invest about $4.5k (if I recall correctly) in our taxable. Also having a lot of fun in Google Sheets (see attached) charting the growth and seeing the (at this point, limited but still visible) impacts of compound interest. Wooh!
Title: Re: Race from 10 to 100k!!
Post by: mountain mustache on April 02, 2021, 08:53:04 AM
10/02/2020- $14835.83
11/13/2020- $16110.56
12/11/2020- $16675.72
01/08/2021- $19310.15
01/22/2021- $20533.24
02/05/2021- $21534.62
03/08/2021- $23372.12
04/02/2021- $26218.04

Good progress over the past month thanks to the stimulus, and an extra paycheck from my side job.

Title: Re: Race from 10 to 100k!!
Post by: mgardner88 on April 02, 2021, 10:49:36 AM
7/1/2020: $46,295
8/1/2020: $49,461 (+3,166)
9/1/2020: $51,488 (+2,027)
10/1/2020: $52,753 (+1,265)
11/1/2020: $53,942 (+1,189)
12/1/2020: $56,152 (+2,210)
1/8/2021: $63,512 (+7,360)
2/5/2021: $67,571 (+4,059)
3/3/2021: $70,618 (+3,047)
4/2/2021: $74,861 (+4,243)

Second highest gains this month since I've been tracking. woohoo! almost exactly 3/4 of the way there. I love posting here because i can see progress, it can feel so slow, but im an impatient person by nature lol. Love reading everyones progress.
Title: Re: Race from 10 to 100k!!
Post by: sb510 on April 04, 2021, 12:26:55 AM
(Start of)
Oct 2020 — $4,757
Nov 2020 — $7,823
Dec 2020 — $10,385 (Started MMM 100k challenge)
Jan 2021 — $14,012
Feb 2021 — $16,462
Mar 2021 — $19,162
Apr 2021 — $21,955

Slow and steady! So glad I joined this challenge, reading everyone's progress helps to keep me on track.
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on April 04, 2021, 01:08:28 PM

Student Loan Debt:

01/12/19: $43,762
05/04/20: $21,456
11/09/20: $21,456
12/05/20: $21,456
01/02/21: $21,456
02/03/21: $21,456
03/01/21: $21,456
04/02/21: $21,456


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739
06/05/20: $18,006 ($7,267)
07/05/20: $8,594 (-$9,412)
08/05/20: $9,084 ($490)
09/01/20: $13,497 ($4,413)
10/01/20: $12,283 (-$1,214)
11/01/20: $15,692 ($3,409)
12/05/20: $19,528 ($3,836)
01/01/21: $21,735 ($2,207)
02/03/21: $21,870 ($135)
03/01/21: $23,417 ($1,547)
04/02/21: $33,080 ($9,663)

Low spending this past month and my tax return was deposited, should see steady progress over the next few months.


Title: Re: Race from 10 to 100k!!
Post by: kaposzta on April 07, 2021, 11:46:56 AM
Jan 01, 2020: $74,276
Jan 04, 2021: $83,207
Feb 05, 2021: $82,000 (-1.45%, -$1,207)
March 04, 2021: $81,655 (-0.42%, -$345)
April 01, 2021: $83,034 (+1.69, +$1,379)

I had a below-average 56% SR in March, owing to lots of book purchases (even if I bought them with a huge discount), a huge bill at the grocery store, and gifts for my family. In addition, my nerd side made me buy a Commodore VIC-20 and a Commodore C64C (both working great) with disk drive, Music Maker keys, a memory card reader, cartridges, etc. I really like them, but my total spending was about $300... Anyway, my nerd side is satisfied now, so my MMM side can now hope in a less spendy-pants future :)

On the bright side, I got my referral payment ($800), had 3 domain sales in March and 2 in April (total: $1300 + $2100 net, out of which $2100 payment is still pending), and I'll get my yearly bonus ($1700) with my next salary. My investments performed crappily again, but at least I could buy cheap ETFs again.
Title: Re: Race from 10 to 100k!!
Post by: dizzy on April 10, 2021, 04:22:34 PM
Oct 2019- $1000
Nov 2019- $2340
Dec 2019- $2779
Jan 2020- $5658
Feb 2020- $5539
Mar 2020- $5024
Apr 2020- $5444
May 2020- $8302  (wherein I finally got some of unemployment)
June 2020- $20864 (wherein I got more unemployment plus the EIDL)
mid July 2020- $31724 (got the rest of the backpay, woohoo!)
7/31/20- $33340
9/2/20- $36366
9/17/20 - $42978
10/2/20- $43800
10/31/20- $47854
11/11/20- $53709
12/23/20- $64158
1/8/21- $69542
3/23/21- $81890
4/10/21- $88405

Hustling along...not looking forward in one way to upcoming wedding expenses, but we will have help, and earn bonus points on my credit cards (including a big ol $750 cash bonus on one of them).  Really shouldn't be much of a ding at all. 

I checked an old account and saw the BTC in it had grown few times to $577, fun find.

Also have my first music gig in a while next week, $250 for a less than one hour bar mitzvah which promises to be super awkward (they are this cultish sect and probably having a woman play trumpet is going to cause problems, but like, they didn't ask?...also we are going with the Too Many Zooz instrumentation we've dubbed "Too Many Jooz").  I have a new housecall patient and also owed some backpay from a job that got sketch (quit it and increasing hours elsewhere)
Title: Re: Race from 10 to 100k!!
Post by: Imma on April 11, 2021, 08:33:57 AM
I crossed the €15k post-tax invested threshold today! It's amazing how fast this is going. It's 8 months since I crossed 10k and 17 months since I first crossed 7.5k. From 0 to 7.5 took nearly 4 years. I have increased my monthly contributions a little bit but most of this has been market gains. I have almost 50% unrealized gains right now and I started from 0 on January 1st, 2016, after having sold my off my old portfolio in summer 2015 to help pay for our house. We poured every last penny we had into the house because it was such a great deal, it just needed some TLC but the size and location were perfect. We took the risk even though everyone advised us against it, because we had nothing to lose. Well, that house is now also up 50% in value.

We were both hit very hard by the 2008 recession, we lost jobs, my parents lost their house, we lived in great uncertainty on a low income for years. We worked so hard to make sure we'd be financially stable by the time the next recession would hit. Well, we're 13 months into the pandemic, on a personal level Covid hit us hard, we lost people, but we're still employed and every month we just get richer and richer. Money doesn't bring happiness, they say, but it's only partially true. We've been able to process this whole situation without also having to worry about money.  It would have been a million times harder if our jobs had been insecure and we wouldn't know how to pay the rent. Instead I was able to take some PTO to grieve, and it cost me nothing, and then when I was able to pull myself together, I found a better paid job right in the middle of the pandemic, because I knew my employer was suffering. When they called me in to tell me they'd have to let me to I was able to tell them I'd already found a new job. Mr Imma is furloughed from a job he loves, and he's not looking elsewhere, because he can afford to wait this out. We are far from FI, but we do have a year's worth of expenses in the bank and good job opportunities.
Title: Re: Race from 10 to 100k!!
Post by: mckaylabaloney on April 12, 2021, 08:20:42 AM
@Imma it has been awesome to watch your progress for the last few years. I'm totally impressed by you and so glad that the losses you've faced over the last year haven't been compounded by concerns about money.
Title: Re: Race from 10 to 100k!!
Post by: Rosy on April 20, 2021, 11:19:09 AM
Well, la - dee - duh:) - Challenge completed - funny, how even at this level every dollar still counts.
An unexpected $600 medical insurance reimbursement, a $115 tax return, a $234 credit card reward, a $300 bonus added to my monthly savings
just put me over the top.
 
GOAL - $100K by Dec 2021 - goal reached April 20, 2021

$  4,588 June 2017
$ 10,117 Dec 2017

$ 10,715 Jan 2018
$ 31,034 Dec 2018
       
$ 31,094 Jan 2019
$ 50,000 Dec 2019

$ 53,000 Jan 2020
$ 85,000 Dec 2020

$ 86,863 Jan 2021
$ 92,800 Feb 2021
$ 95,200 Mar 2021

$100,724 April 20, 2021

Surreal..........................................................

@Imma - Congrats!
It was the same for me, the first three years to $50K were the hardest and seemed more like ten years of hard labor and emotional distress.
It is amazing how far you have come in a relatively short time.

Good luck everyone - it is satisfying and encouraging to see so many RL success stories.
We can do this!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on April 20, 2021, 11:51:44 AM
Congrats @Rosy!!  Well done!
Title: Re: Race from 10 to 100k!!
Post by: Serendip on April 22, 2021, 03:30:42 PM
Congrats @Rosy ---such a great accomplishment!!


Here's my update.
I ended up doing much better than anticipated.  I squirrelled away money for taxes but then didn't owe as much (since I earned less this year)

Dec '17    18,146
Jan '18     23,607
Dec '18    48,380
Dec '19    60,746
Jan '20     63,186
May '20    62,300
June '20   63,000
July '20    58,562
Oct '20     60,900

Dec '20    62,900
Jan '21    65,400
Feb '21    67,600
Mar '21    68,750
Apr '21    72,858
Title: Re: Race from 10 to 100k!!
Post by: BobTheBuilder on April 26, 2021, 02:17:21 PM
So nice to see you all making good progress. Congrats!

End of month balance: 62,299€ - 14,200€ cash and metals

We want to buy a house in 2022 so I am starting to deleverage now.
Cash and metals goal for the end of the year is >25,000€, by selling a few individual stocks when convenient and setting all extra cash aside. Also might sell the derivatives that act like gold but are not a coin :-D Letting the ETF saving plans run their course regardless.

Title: Re: Race from 10 to 100k!!
Post by: 0tp on April 26, 2021, 07:37:26 PM
Due to this crazy market and being 98% stocks, I made it past net $100K!

My rent and living expenses doubled since my roommate moved out and I wanted to give living alone a try... So rent went from $265 to $500 a month, utilities around $175 a month with internet. So overall a shift of around +$320/mo in living expenses or nearly 20% of my target yearly budget (20K/yr). Still able to target around $50K/yr in savings pre gains counting employer match.

Hard to say if it was worth it compared to looking for a rando roommate, but overall given that I live in a LCOL it's not the end of the world if I choose to do it for now. We'll see how long it lasts, I'll enjoy the privacy for now :)

On the plus side, I switched to total wireless and only paying $10/mo for cell phone (2GB data) instead of $40 with ATT.

As for my investment choice, 100% stocks seems like an ok choice at my current stage, I feel like bonds aren't necessarily safer right now.

Date                  Bank        Brokerage   401k    roth         student loans   Net
4/26/2020         4,778        32,625      68,576      20,372      -20,000       106,351
12/29/2020   2,389         19,835   52,506   16,500   -20,000       71,230
7/4/2020         4,169         9,746   30,107   11,721   -20,000       35,743
12/1/2019          11,013   0          16,159   1,054        -26,500        1,726

Hi all,

New to the forum, but been working on FIRE for the past 2 years. I graduated from college in december 2018, and started an engineering job end of january 2019, I am 25 now. I started off with pretty much no savings (< $5K), around $10K in credit card debt and ~30K in student loans, and moved to a new town to start my job. Luckily I have a killer deal for rent ($265/mo + $80-100 in utilities, due to splitting with 1 roommate), paid cash for a $3.5K car in december 2018 that's been pretty reliable (on the MMM list :)). Bought a car because I live 5-10 miles from work, work is a chemical plant so I hope I get excused for not wanting to live right next to it lol, no properties for rent nearby anyways.

Since a year before graduating I knew FIRE was one of my top goals, prior to that I did not save as much as I could have in college. Even though I went to community college I kinda spent all the extra money on weed and going out, and then once I transferred I lived in a studio for 2 years instead of having roommates. But hey at least I found this path before getting a job.

I'm making good money ($75K starting, now at $82.5K + bonus ($5K this year)), and saving a lot of it. Employer matches 5% of salary plus $5K/yr on 401K. Really started buckling down this year, maxing 401K and roth IRA in addition to investing what's left over. I'd say I earn the money, technically on call 24/7 and can be a stressful job, but average <50 hr/week. Managed to invest a lot of cash right around the COVID dip, and also refinanced my 401K to be 100% VTI equivalent right around then... Sitting at around 12% ROI for the year, all stocks.

Date                  Bank        Brokerage   401k    roth         student loans   Net
12/29/2020   2389           19835   52506   16500   -20000   71230
7/4/2020         4169            9746   30107   11721   -20000   35743
12/1/2019          11013   0          16159   1054           -26500   1726


Target NW is $500K, goal is to live off <$20K/yr. Also planning on helping mom  for her retirement (~$500/mo). Not sure what my savings rate is right now since I don't follow a budget, but I'm mostly optimized relative to my income. Based on my calculations I should reach that NW around age 30-31, but I guess a lot of things can change by then. Also goal isn't to necessary RE at that age - I'd honestly be happy doing something like baristaFIRE for a few years.

Comments on a few spending categories
- cell phone (on ATT plan,pay $40/month, in theory can cut to $20 with mint given my usage and looking at doing that soon - edit: phone isn't compatbile with mint, will probably wait for mine to be dead prior to switching)
- car use (can WFH 50% of the time, don't bike as often as I could since 5-10 miles each way is above comfort range + midwest winter). Somewhat clown, but I bike for errands ~2-3x/week in non-winter months.
-utilities: internet is $50/month for the cheapest fiber option, and then the $150 is just for electricity which is high (split between 2). It's a smallish apartment, not sure what we can do to improve significantly, but plan on doing more investigating this year. - edit: realized my electric bill is around $75/mo, remaining $75 is water, sewage and taxes.
- food: I eat a vegetarian diet which is cheap, don't eat out too frequently (~1-2x/month) since there aren't that many worthwhile options, and when I do it's fast food. My 'splurging' on food would consist of grocery store bought processed food and liquids but I've been getting better about cutting those off
- mindless consumption: I am prone to buying dumb things I don't need or will use. Getting better, and will hopefully continue being considerate for my wallet and the planet. This is where my biggest opportunity is I think (1-3K/yr), I'm going to start budgeting to better understand it.
-travel: I am sort of over travel even pre covid. I still have to travel 1-2x/yr to see family, and outside of that would probably do a vacation somewhere 1-2x/yr with my SO, but nothing expensive.
- student loans: are at 4.5%, I'd refinance but doesn't make sense with the interest/payment moratorium and political climate. As soon as those are lifted I'll probably pay off $10K and refi the remaining 10 (getting ~2.7% fixed rate refi offer on credible/MMM link), unless student loan forgiveness is picking up steam...


Pretty proud of this year, hope I can keep it up :)
Title: Re: Race from 10 to 100k!!
Post by: regenaeb on April 27, 2021, 07:47:58 AM
11/30/20 - SEP Balance $ 15524.45 + Roth $ 1770.76 - Student loan balance $ 6897.45 = $ 10,397.76
12/30/20 - SEP Balance $ 16106.09 + Roth $ 1813.94 - Student loan balance $ 6306.71 = $ 11,613.32

01/29/21 - SEP + Roth $ 20,139.02 - Student loan balance $ 5,316.32 = $ 14,822.70
02/28/21 - SEP + Roth $ 21,680.41 - Student loan balance $ 4,000.15 = $ 17,680.26
03/31/21 - SEP + Roth $ 22,823.38 - Student loan balance $ 2,994.55 = $ 19,828.83
04/27/21 - SEP + Roth $ 24,365.29 - Student loan balance $ 1,699.29 = $ 22,666.00

Getting closer to having that student loan paid off. Hoping for next month, but in June for sure. Then onto just making money for myself! Already plan on taking that $1000 I am putting on student loans and putting into my Roth to get that built up. Have never maxed my Roth before, hoping 2021 will be the first.
Title: Re: Race from 10 to 100k!!
Post by: triple7stash on April 28, 2021, 12:04:25 PM
Tracking investing in SPN (which doesn't include roth)

12/28/2020 - $62,783
1/28/2021 - $67,335.21
2/28/2021 - $69,404
3/28/2021 - $71,869
4/28/2021 - $77,861
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on April 30, 2021, 02:25:48 AM
July 2018: £20,385
October 2018: £24,504
January 2019: £25, 295
April 2019: £33,844
July 2019: £38,667
October 2019: £38,588
January 2020: £43,260
April  2020:  £38,094
July 2020: £49,062.35
August 2020: £50,172 just over halfway! :)
Sept 2020: £55,556
Oct 2020 : £56,42
Nov 2020: £57.565 absolute hammering in the markets this month!!!
Dec 2020 : £62,368
Jan 2021 £64,542
Feb 2021 £66,616 Markets fell out a bit this week and I had a dabble in the Gamestop mania (came out unscathed but slightly up to entry).
March 2021 £67,305 - I was over 70k earlier this month! Markets have completely shit the bed. Look forward to looking back at this in X number of years and it barely even registering as a dip in the market.
April 2021 £71,137  - Some significant changes are underway. I've invested £1.5k into cryptocurrencies (roughly 2% of portfolio), I've got some fairly expensive elective surgery coming up that will put a dent in savings for the next few months AND our first child is on the way, so who knows what that means for my savings plans! :)

May 2021 £75,325
Title: Re: Race from 10 to 100k!!
Post by: GatorNation on April 30, 2021, 05:32:35 AM
Jan 1, 2020- ($106,695.56)
Dec 1, 2020- $16,441.11   
Jan 1, 2021-  $26,005.07   
Feb 1, 2021-  $38,479.28
Mar 1, 2021-  $50,563.25
Apr 1, 2021- $78,703.27
May 1, 2021- $97,225.14

Almost there!
Title: Re: Race from 10 to 100k!!
Post by: mountain mustache on April 30, 2021, 07:32:25 AM
10/02/2020- $14835.83
11/13/2020- $16110.56
12/11/2020- $16675.72
01/08/2021- $19310.15
01/22/2021- $20533.24
02/05/2021- $21534.62
03/08/2021- $23372.12
04/02/2021- $26218.04
05/01/2021- $29057.55

Really happy with my April savings. It was a 3 paycheck month, and I got a small bonus so I was able to save extra
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on April 30, 2021, 09:31:37 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-    137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)

01/05/2021: 50.942,27 € (+ 714,52 €)

Much smaller increase than in the last months, but this was largely due to BTC being lower today than last month. Savings were roughly 1,6k € compared to 1,1k € last month, so I'm very happy with how things are going.
Title: Re: Race from 10 to 100k!!
Post by: Tass on April 30, 2021, 10:35:29 AM
20172018201920202021
January$12.1k$24.7k$49.0k$76.2k
February$13.6k$27.2k$46.5k$79.0k
March$15.1k$29.3k$42.7k$82.6k
April$16.6k$31.3k$47.5k$87.3k
May$17.7k$31.5k$50.6k
June$18.5k$33.3k$53.5k
July$6.2k$20.2k$35.1k$58.5k
August$6.8k$20.8k$36.7k$63.0k
September   $8.2k$22.2k$38.6k$63.2k
October$9.0k$21.7k$40.2k$62.9k
November$9.9k$22.5k$42.6k$69.9k
December$11.1k   $22.4k   $44.6k   $75.0k   

@catorbe, I don't mind claiming that we're racing, but I have to acknowledge that the market is doing all the work here and I'm just along for the ride!

I'm currently projecting $99k at the end of the year. We'll see what the next eight months hold.
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on April 30, 2021, 02:05:48 PM
April 2020 - $36,157
May 2020 - $38,540
June 2020 - $39,514
July 2020 - $42,207
August 2020 - $44,045
September 2020 - $44,514
October 2020 - $45,564
November 2020 - $50,152
December 2020 - $52,356
January 2021 - $53,423
February 2021 - $54,304
March 2021 - $58,321

April 2021 - $61,745

Goodbye 50s, I hardly knew ye.  This is crazy.  I know someday I'll be doing this with much bigger numbers, but it still feels really weird/good right now. 
Title: Re: Race from 10 to 100k!!
Post by: JCGreen on April 30, 2021, 07:07:46 PM

I do not include my savings to buy expensive "fun items" like new cellphone, electronics etc. as it is not very big. My checking account is also not included as it has money I will likely spend this month. Goal for 2021 is to make it to $100K. - Aiming for June

Net worth:
2017:                          2019                                 2020
Dec2017:$7800                      Jan2019: $27,100 (+3140)           Jan2020:$45,839 (+$2003)
2018                            Feb2019: $29,443 (+2343)          Feb2020:$43,345 (-$2494)
Apr2018:$13,200                    Mar2019: $31,603 (+2160)          Mar2020:$39,081 (-$4264)
Aug2018:$22,800                   Apr2019: $33,959 (+2356)           Apr2020:$47,551 (+$9470)
Sep2018: $23,645                  May2019: $33,933 (-$26)             May2020:$51,613 (+$4,061)
Oct2018: $23,658                   Jun2019: $37,928 (+3995)           Jun2020:$56,760 (+$5147)
Nov2018: $23,948 (+$290)     Jul2019: $39,736 (+1808)            Jul2020:$61,567 (+$4,807)
Dec2018: $23,960 (+12)         Aug2019: $39,918 (+182)            Aug2020:$68,102 (+$6,535)
                                             Sep2019: $34,179 (-5739)            Sep2020:$68,212(+$109)
                                             Oct2019: $38,091 (+3912)           Oct2020:$68,976 (+$763)
                                             Nov2019: $39,867 (+1776)           Nov2020:$76,790 (+$7,814)
                                             Dec2019: $43836 (+$3968)          Dec2020:$82,778 (+$5,987)

2021
Jan2021:$89,090 (+$6,321)
Feb2021:$86,608 (-$2482)
Mar2021:$98,860.10 (+$12,259)
Apr2021: $106,604.06 (+$7428.22): Yahoo! I made it to 100k! It took me about 5 years to get here.  Most of this is due to ridiculous gains in the stock market. I am hopeful this is my final post in this form. Its so weird that stock market gains for year to date have been far greater than my take home pay. Thanks for all the encouragement on the way, and congratulations to everyone else who will graduate this month.
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on April 30, 2021, 09:13:56 PM
                       2018                2019                2020                2021                2022               
January$6,455-$14,460$34,473-
February--$14,991$36,257-
March--$14,632$38,256-
April-$10,960$13,884$47,021-
May--$17,011$52,533-
June--$19,255--
July--$20,358--
August--$21,993--
September--$23,312--
October--$24,777--
November-$13,466$26,407--
December$9,518-$30,697--

$52,533!!! Half way mark! TNW is $105K. These increases are well beyond what I expected to see a year ago. Definitely not complaining!
Title: Re: Race from 10 to 100k!!
Post by: Imma on May 01, 2021, 02:50:42 AM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October 2019: €11128.59
November 2019: €11227,46
December 2019: €11991,27
January 2020: €12576,72
February 2020: €11904,39
March 2020: €10425,32
April 2020: €11830,70
May 2020: €12154,67
June 2020: €14634,19
July 2020: €15345,09
August 2020: €16444,46
September 2020: €17108,60
October 2020: €16687,93
November 2020: €17762,62
December 2020: €19386,94
January 2021: €20649.69
February 2021: €22021,64
March 2021: €22763,55
April 2021: €23866,70

Goals for 2021:
Savings: €10.000
Investments: €25.000


The market is still doing the heavy lifting for me but this month has been really frugal. I spent around €950 while my average is €1100 and high-spend months are €1500. Although to be fair, a lot of my spending is not discretionary. Buying something simple like a new coat or new shoes, or not buying anything in particular like last month, really impact my total spending. Thanks @Rosy and @mckaylabaloney , participating in this thread is really motivating. I love seeing all the regulars from the 10k thread doing well now, @Tass, @LittleWanderer , probably more that I'm forgetting now.

I just ran some numbers this morning and well, the conclusion is, we'll have to retire early or we're going to end up with way too much money in old age!! If I keep earning this wage until conventional retirement age (unlikely, I get a nice raise every year) and keep saving and investing the same amount of money as I do now (also unlikely, because once I reach my target amount in savings, I'm going to invest everything) I'll end up with a million in my post-tax account as well as a full workplace pension at 70% of my average wage, €100k in my savings account and a paid-off home. And Mr. Imma's workplace pension + savings + investments that I didn't even factor in because I don't know the exact figures. We have no kids or nieces and nephews. We could leave it to a charity but I'd rather retire early and donate my time volunteering for a charity.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on May 01, 2021, 03:55:25 AM
I just ran some numbers this morning and well, the conclusion is, we'll have to retire early or we're going to end up with way too much money in old age!!

Best problem to have . . . EVER.  Congrats @Imma !
Title: Re: Race from 10 to 100k!!
Post by: hal on May 01, 2021, 09:57:52 AM
MonthInvested TNW
Aug 2020$7,009$44,174
Sep 2020$11,792$44,287
Oct 2020$31,493$64,283
Nov 2020$41,577$73,480
Dec 2020$50,881$81,261
Jan 2021$57,339$89,777
Feb 2021$64,587$97,514
Mar 2021$72,121$107,895
Mar 2021$81,536$118,113

Moving along nicely. The markets are certainly helping, even though there was a little dip on the last day of the month. Hoping to reach $100k by end of the summer. Big variable -- my finding a job (or being able to negotiate cross-country remote) when my wife and I move to CA. Enjoying the ride :)
Title: Re: Race from 10 to 100k!!
Post by: hal on May 01, 2021, 10:01:23 AM
I just ran some numbers this morning and well, the conclusion is, we'll have to retire early or we're going to end up with way too much money in old age!! If I keep earning this wage until conventional retirement age (unlikely, I get a nice raise every year) and keep saving and investing the same amount of money as I do now (also unlikely, because once I reach my target amount in savings, I'm going to invest everything) I'll end up with a million in my post-tax account as well as a full workplace pension at 70% of my average wage, €100k in my savings account and a paid-off home. And Mr. Imma's workplace pension + savings + investments that I didn't even factor in because I don't know the exact figures. We have no kids or nieces and nephews. We could leave it to a charity but I'd rather retire early and donate my time volunteering for a charity.

I think these realizations and decisions about what to do are what is so motivating about FIRE. Thinking about things like this helps me realize the real sense of freedom that FI brings.
Title: Re: Race from 10 to 100k!!
Post by: Ourayaway on May 01, 2021, 12:01:47 PM
I just ran some numbers this morning and well, the conclusion is, we'll have to retire early or we're going to end up with way too much money in old age!! If I keep earning this wage until conventional retirement age (unlikely, I get a nice raise every year) and keep saving and investing the same amount of money as I do now (also unlikely, because once I reach my target amount in savings, I'm going to invest everything) I'll end up with a million in my post-tax account as well as a full workplace pension at 70% of my average wage, €100k in my savings account and a paid-off home. And Mr. Imma's workplace pension + savings + investments that I didn't even factor in because I don't know the exact figures. We have no kids or nieces and nephews. We could leave it to a charity but I'd rather retire early and donate my time volunteering for a charity.

I think these realizations and decisions about what to do are what is so motivating about FIRE. Thinking about things like this helps me realize the real sense of freedom that FI brings.


The biggest realization for me is the calculator that shows the chances you'll be broke or dead with your stache. I'm hoping this will stop me from second guessing myself and enable me to take the leap once I reach my fire number.

More chances than not, you'll been gone before you're money.
Title: Re: Race from 10 to 100k!!
Post by: dizzy on May 02, 2021, 05:01:17 AM
Oct 2019- $1000
Nov 2019- $2340
Dec 2019- $2779
Jan 2020- $5658
Feb 2020- $5539
Mar 2020- $5024
Apr 2020- $5444
May 2020- $8302  (wherein I finally got some of unemployment)
June 2020- $20864 (wherein I got more unemployment plus the EIDL)
mid July 2020- $31724 (got the rest of the backpay, woohoo!)
7/31/20- $33340
9/2/20- $36366
9/17/20 - $42978
10/2/20- $43800
10/31/20- $47854
11/11/20- $53709
12/23/20- $64158
1/8/21- $69542
3/23/21- $81890
4/10/21- $88405
5/2/21- $94414

A big boost since I received $5k from my family for our wedding.  I'm using it in various bank bonuses to grow it- our plan was to pay for the wedding ourselves anyway.  My fiance received $8k as well that we hope to do the same with.  I'm not including his $8k here.

We do need to pay for some wedding stuff but that shouldn't really affect things too much- it's around $6k in total we are thinking now.  Also have some v good bank bonuses paying out soon and then the rest spread out over months will be nbd.

Really hard to believe I'm almost graduated from this group in just a year and a half- it seemed so far-fetched to me when I started.
Title: Re: Race from 10 to 100k!!
Post by: Tass on May 02, 2021, 08:26:14 AM
I love seeing all the regulars from the 10k thread doing well now, @Tass, @LittleWanderer , probably more that I'm forgetting now.

I keep an eye on you the same way! Love to see forward progress. :)
Title: Re: Race from 10 to 100k!!
Post by: Serendip on May 02, 2021, 10:02:31 AM
I just ran some numbers this morning and well, the conclusion is, we'll have to retire early or we're going to end up with way too much money in old age!!

Best problem to have . . . EVER.  Congrats @Imma !

Yes, congratulations! This indeed is a great problem to have. Good work @Imma :)
Title: Re: Race from 10 to 100k!!
Post by: haypug16 on May 02, 2021, 11:00:09 AM
April 2021 Update
3/31/2017 (52,848.85) - Found MMM
3/31/2018 $(14,916.69) - 1 year in
3/31/2019 $9,917.20 - 2 years in
3/31/2020 $22,896.16 - 3 years in
4/30/2020 $32,841.74
5/31/2020 $41,382.08
6/30/2020 $49,125.78
7/31/2020 $54,499.66
8/31/2020 $61,881.00
9/30/2020 $60,837.47
10/31/2020 $60,621.36
11/30/2020 $69,864.27
12/31/2020 $78,754.14
1/31/2021 $84,269.08
2/28/2021 $88,584.72
3/31/2021 $92,842.32
4/30/2021 $100,212.15 <--- Woohoo!!!

It's ben a couple months since my last update but I have made it over the finish line for this race.
Title: Re: Race from 10 to 100k!!
Post by: shinn497 on May 02, 2021, 11:51:45 AM
March 19 10450 (At beginning of the month)
Apr 19     12500
May 19    14800
June 19   17031
July 19    20100
Aug 19    23300
Sept 19   26300
Oct 19     29300
Nov 19    30500
Dec 19    33800
Jan 20     37100
Feb 20     37100
March 20 38413
Apr 20     32000
May 20     37000
June 20    42500
July 20     46300
Aug 20     50200
Sept 20     53400
Oct 20       55700
Nov 20      62000
Dec 20      66300
Jan 21       71500
Feb 21       77000
March 21   80500
Apr 21   83500
May 21   88000

Market's helped a lot last month .
Title: Re: Race from 10 to 100k!!
Post by: hal on May 02, 2021, 12:25:19 PM
April 2021 Update
3/31/2017 (52,848.85) - Found MMM
3/31/2018 $(14,916.69) - 1 year in
3/31/2019 $9,917.20 - 2 years in
3/31/2020 $22,896.16 - 3 years in
4/30/2020 $32,841.74
5/31/2020 $41,382.08
6/30/2020 $49,125.78
7/31/2020 $54,499.66
8/31/2020 $61,881.00
9/30/2020 $60,837.47
10/31/2020 $60,621.36
11/30/2020 $69,864.27
12/31/2020 $78,754.14
1/31/2021 $84,269.08
2/28/2021 $88,584.72
3/31/2021 $92,842.32
4/30/2021 $100,212.15 <--- Woohoo!!!

It's ben a couple months since my last update but I have made it over the finish line for this race.

Congrats!!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on May 02, 2021, 04:25:52 PM
It's been a couple months since my last update but I have made it over the finish line for this race.

Woohoo @haypug16!!  Huge congrats!  :)
Title: Re: Race from 10 to 100k!!
Post by: haypug16 on May 02, 2021, 07:29:52 PM
It's been a couple months since my last update but I have made it over the finish line for this race.

Woohoo @haypug16!!  Huge congrats!  :)

Thanks It feels awesome to hit 6 figures :)
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on May 03, 2021, 04:41:34 AM
Tracking investments, emergency fund and additional pension investments (all to be used to retire together with SO!)
(not tracking company pension investments, house value and current accounts / special project savings)

15 May 2020: EUR 17,034 (started tracking)
15 December 2020: EUR 23,325

31 January 2021: EUR 24,040
28 February 2021: EUR 25,103
31 March 2021: EUR 26,263
30 April 2021: EUR 27,109
(2021 goal: EUR 35K)

Again nice and steady (and boring.....). Just happy that our small holiday did not do anything on the savings side. We had lots of nice (almost free) outings and enjoyed our time together as a family. Summer holiday will be the same (stay in country and go camping), so I do not expect this to have an impact on our savings as well. May will have a nice increase (hopefully) due to holiday pay, tax refund and insurance refund. Still deliberating whether we will put this against our mortgage or put it to savings. I just love to have our monthly expenses as low as possible, so an additional mortgage payment will result in lower expenses (not much, but all small amounts add up).

I see a lot of graduates! Congratulations!!!!!
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on May 03, 2021, 07:22:43 AM

2018                             2019                              2020                            2021
1/31: (5949.05)              1/31: 13,493.35              1/31: 44,514                 1/31: 85,576
2/28: (5288.30)              2/28: 15,766.50              2/29: 48,891                 2/28: 86,616
3/31: (4273.93)              3/31: 19,286                   3/31: 46,104                 3/31: 94,009
4/30: (2592.07)              4/30: 19,283                   4/30: 52,720
5/31: (629.70)                5/31: 18,676                   5/31: 55,177
6/30: 1,206.77                6/30: 22,362                   6/30: 59,720
7/31: 2,703.97                7/31: 24,646                   7/31: 65,792
8/31: 5,651.70                8/30: 27,199                   8/31: 71,970
9/31: 8,039.01                9/31: 30,664                   9/30: 72,466
10/31: 7,803.49              10/31: 33,343                 10/31: 72,288
11/30: 9,531.28              11/30: 35,249                 11/30: 80,093
12/31: 9,296.79              12/31: 39,079                 12/31: 84,002



4/30: 96,128

Getting close to finishing my renovation of our house. Hopefully moving in this month! Then i will be able to speed up my saving process again. This gain is all just market gains.

Congrats to @haypug16 and @JCGreen I will be seeing you in the next thread here in a couple of months hopefully!

Spread sheet is updated and ready to be filled in:
https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?usp=sharing
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on May 04, 2021, 05:53:09 AM
Missed the April update, tracking full net worth.

EOY 12.2016 - (-£10,250)
EOY 12.2017 - £4,360
EOY 12.2018 - £40,620
EOY 12.2019 - £62,523
EOY 12.2020 - £82,420
01.2021 - £84,647 (+2,227)
02.2021 - £86,456 (+1,809)
03.2021 - £88,885 (+2,429)
04.2021 - £90,615 (+1,730)
05.2021 - £91,865 (+1,250)

Assets = £92,542
Student loans = (£677)

Only a few more months and my student loans will be paid off - exciting! Definitely feeling like I'm in the home stretch to £100K now (goal for £100K is September).
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on May 04, 2021, 10:21:47 AM
Student Loan Debt:

01/12/19: $43,762
05/04/20: $21,456
11/09/20: $21,456
05/04/21: $21,456


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739
06/05/20: $18,006 ($7,267)
07/05/20: $8,594 (-$9,412)
08/05/20: $9,084 ($490)
09/01/20: $13,497 ($4,413)
10/01/20: $12,283 (-$1,214)
11/01/20: $15,692 ($3,409)
12/05/20: $19,528 ($3,836)
01/01/21: $21,735 ($2,207)
02/03/21: $21,870 ($135)
03/01/21: $23,417 ($1,547)
04/02/21: $33,080 ($9,663)
05/04/21: $36,424 ($3,344)


Steady progress this month, happy with the continual forward movement!
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on May 04, 2021, 10:24:57 AM
Congrats @haypug16 @JCGreen @0tp @Rosy and anyone else I may have missed that recently graduated from this thread! Best wishes to you all on the next thread, I hope to see you there before you all move on!
Title: Re: Race from 10 to 100k!!
Post by: EarlyInJourney on May 04, 2021, 04:14:25 PM
I haven't posted for a while, in part because my wife and I had our first child, but also because getting into positive net worth was so satisfying to me, while "merely" moving upwards in positive territory can feel less exciting, perhaps oddly.

Anywho, my track record from late 2017, when I discovered MMM/got serious about my finances, until now:

12/9/2017:
Federal student loan (6.25%): 56000
Navient student loan (4.75%):  5600
Credit cards (0% until Feb. 2019):  10600
car lease (face punch!):  4800
Total debt:  77000

Retirement health savings account:  7000
457B:  2500
Cash:  4000
Total assets: 13500

Net worth:  -63500


8/16/2018:

Federal student loan (6.25%): 56000
Navient student loan (4.75%):  0
Credit cards (0% until Feb. 2019):  12400
car lease (face punch!):  2800
Total debt:  71200 (reduction of 5800)

Retirement health savings account:  10400
457B:  8200
Cash:  2000
Total assets: 20600

Net worth:  -50600 (+12900)

2-26-2019
Federal Student Loan (6.25%):  55600
Credit cards (0% until 5-2019):  10261
Car lease:  1015
Total Debt:  66876

RHSA:  12544
457B:  18499
cash:  2000
Total assets:  33043

Net worth:  -33833 (+29667 since 12-9-2017)


11-27-2019
Federal Student Loan (6.25%):  53410
Credit cards (0% until 5-2019): 0 (!!)
Car lease:  0
Total Debt:  -53410

RHSA:  16706
457B:  32281
cash:  5900
Total assets:  +54887

Net worth:  +1477!!!    (+35,310 since 2-26-19, +64,977 since 12-9-2017)


5-4-2021
Federal Student Loan (6.25%):  52128 (in forbearance, with (non)payments being counted towards PSLF!)
Total Debt:  -52128

RHSA:  26547
457B:  83271
401K (opened late 2020): 5105
cash:  16300 (3k in Chase checking, 13k in CIBC online savings account for the higher interest)
Total assets:  +131223

Net worth:  +79095 (+77618 since 11-27-19, +142595 since 12-9-2017)

It's surreal to me that my net worth has increased by 77K in about a year and a half.  Having students loans go into the best kind of forbearance (payments that I -would have- made are counted towards the 120 total qualifying payments needed for Public Service Loan Forgiveness) has been very helpful in freeing up money that I can save, both in retirement accounts and cash. 

Also, quite tragically, my FiL passed away unexpectedly in February, and among other assets, left us his car.  So the cash I had been saving up for the last 18 months to purchase a vehicle can now stay in my high yield savings account, as an honest to god emergency fund.  It does feel good to have that cash cushion available, although of course I'm quite saddened by what made it possible.

As I said, the increase in net worth has been weird to me.  At least in part, this is due to my family being fairly poor my whole childhood (free lunches in school, etc.).  So it's strange to feel like I'm "living the American dream" in that my child(ren) will almost undoubtedly be raised in more privileged conditions than I was... It's mainly a gratifying feeling, but I do have some ambivalence about things...

Anyway, it's been good to take a look backwards and take a few breaths.  I wish all of you continued success in your own journeys!

Title: Re: Race from 10 to 100k!!
Post by: mgardner88 on May 05, 2021, 10:10:12 AM
7/1/2020: $46,295
8/1/2020: $49,461 (+3,166)
9/1/2020: $51,488 (+2,027)
10/1/2020: $52,753 (+1,265)
11/1/2020: $53,942 (+1,189)
12/1/2020: $56,152 (+2,210)
1/8/2021: $63,512 (+7,360)
2/5/2021: $67,571 (+4,059)
3/3/2021: $70,618 (+3,047)
4/2/2021: $74,861 (+4,243)
5/5/2021: $80,447 (+5,586)

Made it into the 80s! Wasnt expecting to reach that this soon :)
Title: Re: Race from 10 to 100k!!
Post by: kaposzta on May 06, 2021, 07:45:33 AM
Jan 01, 2020: $74,276
Jan 04, 2021: $83,207
Feb 05, 2021: $82,000 (-1.45%, -$1,207)
March 04, 2021: $81,655 (-0.42%, -$345)
April 01, 2021: $83,034 (+1.69%, +$1,379)
May 05, 2021: $86,068 (+3.65%, +$3,034)

Sigh, it was one my most expensive months, I paid a lot for hobby-related stuff (vintage computer magazines and books, sci-fi and fantasy books), bought vitamins, many gifts, etc. My investments reached rock bottom, at least I hope they did :) But anyway, I received payments for some sold domains (around $2700), and I got my yearly bonus (~$1.7k). Next month's paycheck will be nice as well, as payroll forgot to pay my 1 day overtime. In addition, my team received a large bonus after successfully finishing a project (I'm not sure about the details but the reward can be around $700).

What do I expect from May? It's going to be similar as April, as I've already paid around $400 for a vintage computer (ZX Spectrum+) and fighting fantasy books. These are more of an investment than a hobby, my plan is that when I get bored of my vintage computers I sell them, well, maybe not with a profit, but for the same amount I bought them. It's the same situation with books, vintage computer (and fantasy) books are very much in demand here in Hungary, so there will be always a buyer with a deep pocket.

In addition to my domain side business, I started something new. It's rather an experiment than a business. I've ordered 100+ ZX Spectrum game cassettes ($150 for the whole package) with the intention of later selling them, or trading them for gaming magazines that are missing from my collection. Maybe I'll get bored selling them one by one and I rather sell them with a loss, but it is an interesting experience (and I can play with these games until those get sold).
Title: Re: Race from 10 to 100k!!
Post by: lifeandlimb on May 07, 2021, 10:18:09 AM
Joining so I don't feel so alone. I came across MMM around the end of 2019 while I had some credit card debt (which I've since paid off). Even though I've improved since then, I still get a bit down sometimes thinking about how far behind I am.

If 10-100k is the hardest stretch as they say, I'll need all the motivation I can get! I'm amazed seeing the numbers here. Hopefully I can hit 100k someday soon.

Dec 2019 $7,548   
Jan 2020 $7,379   
Feb 2020 $7,983   
Mar 2020 $11,952   
Apr 2020 $20,078   
May 2020 $27,255   
June 2020 $29,933   
July 2020 $28,764   
Aug 2020 $28,618   
Sept 2020 $28,864   
Oct 2020 $27,434   
Nov 2020 $39,641   
Dec 2020 $39,169   
Jan 2021 $42,748   
Feb 2021 $43,215   
Mar 2021 $45,100   
Apr 2021 $48,171   
May 2021 $49,227
Title: Re: Race from 10 to 100k!!
Post by: mckaylabaloney on May 07, 2021, 01:57:38 PM
@lifeandlimb as someone who started more than $200k in the hole, I definitely understand feeling like there's a long, long way to go (and I also understand the regrets of prior choices that have contributed to current situations! when I think about where I could be today if I hadn't taken on all that debt...). All you can do is keep doing the right thing now, and make sure that Future You is proud of what Current You is doing. The results will come!

I'm not very far ahead of you -- I'm at a NW of ~$164k now (with loads of student debt still) -- but I'm already seeing how things can start to pick up steam quickly. After I started making a concerted effort, it took me more than 2.5 years to go from $12k invested to $100k, but just a year to go from $100k invested to $200k invested. I feel like I'm just at the beginning, still (especially relative to my goals), but it's very exciting to see how exponential growth can happen. You'll see it too, because you're doing the right things now. You got this!
Title: Re: Race from 10 to 100k!!
Post by: lifeandlimb on May 08, 2021, 10:36:02 AM
@lifeandlimb as someone who started more than $200k in the hole, I definitely understand feeling like there's a long, long way to go (and I also understand the regrets of prior choices that have contributed to current situations! when I think about where I could be today if I hadn't taken on all that debt...). All you can do is keep doing the right thing now, and make sure that Future You is proud of what Current You is doing. The results will come!

I'm not very far ahead of you -- I'm at a NW of ~$164k now (with loads of student debt still) -- but I'm already seeing how things can start to pick up steam quickly. After I started making a concerted effort, it took me more than 2.5 years to go from $12k invested to $100k, but just a year to go from $100k invested to $200k invested. I feel like I'm just at the beginning, still (especially relative to my goals), but it's very exciting to see how exponential growth can happen. You'll see it too, because you're doing the right things now. You got this!

Thanks so much @mckaylabaloney ! In mid-2019 I had a negative net worth so at least I've come a long way. Congrats on on 100k and the ensuing momentum!
Title: Re: Race from 10 to 100k!!
Post by: YarnBudget on May 12, 2021, 09:23:58 AM
EOY 2019 = $32,211.58
Jan 2020 = $33,874.65 (+ $1,663.07)
Feb 2020 = $36,738.94 (+ $2,864.29)
Mar 2020 = $31,221.02 (- $5,517.92)
April 2020 = $41,641.53 (+ $10,420.51)
May 2020 = $45,506.49 (+ $4,864.96)
June 2020 = $49,273.35 (+ $2,766.86)
July 2020 = $55,277.20 (+ $6,003.85)
August 2020 = $62,157.20 (+$6,880.00)
September 2020 = $62,633.06 (+$475.86)
October 2020 = $63,523.68 (+$890.62)
November 2020 = $73,608.36 (+$10,084.68)
December 2020 = $79,741.14 (+$6,132.78)
January 2021 = $82,136.05 (+$2,394.91)
February 2021 = $87,168.43 (+$5,032.38)
March 2021 = $94,241.61 (+$7,073.18)
April 2021 = $102,121.70 (+$7,880.09)

Whoops, last time I posted an update was in August, apparently, but I seem to have graduated! Moving on up to the next thread (hopefully permanently, but we'll see where this month takes us I guess)
Title: Re: Race from 10 to 100k!!
Post by: GatorNation on May 15, 2021, 05:06:43 AM
Jan 1, 2020- ($106,695.56)
Dec 1, 2020- $16,441.11   
Jan 1, 2021-  $26,005.07   
Feb 1, 2021-  $38,479.28
Mar 1, 2021-  $50,563.25
Apr 1, 2021- $78,703.27
May 1, 2021- $97,225.14

Almost there!

We have done it.  As for this morning, our net worth is $101,183.45.  See you all in the other thread.
Title: Re: Race from 10 to 100k!!
Post by: FinanceFreaky on May 16, 2021, 03:47:08 AM
After reading only, I would like to also share my progression in this topic. Feels like I have a loooong ride to go. Let's start in May.

Code: [Select]
May 2021: € 10.132,41

Could someone help me how this works? Do you guys post your progress in this topic every month or only twice a year?
Title: Re: Race from 10 to 100k!!
Post by: mckaylabaloney on May 16, 2021, 07:57:44 AM
Could someone help me how this work? Do you guys post your progress in this topic every month or only twice a year?

It's up to you! Many people in these "Race to whatever" threads post updates once a month (often on or near the first of the month). But you can do whatever is useful for you!
Title: Re: Race from 10 to 100k!!
Post by: FinanceFreaky on May 16, 2021, 08:05:08 AM
Could someone help me how this work? Do you guys post your progress in this topic every month or only twice a year?

It's up to you! Many people in these "Race to whatever" threads post updates once a month (often on or near the first of the month). But you can do whatever is useful for you!
Thanks! 👏🏻
Title: Re: Race from 10 to 100k!!
Post by: lifeandlimb on May 17, 2021, 10:22:53 AM
Congratulations @YarnBudget and @GatorNation ! ヘ( ^o^)ノ\(^_^ )
Title: Re: Race from 10 to 100k!!
Post by: hal on May 24, 2021, 02:40:14 PM
Jan 1, 2020- ($106,695.56)
Dec 1, 2020- $16,441.11   
Jan 1, 2021-  $26,005.07   
Feb 1, 2021-  $38,479.28
Mar 1, 2021-  $50,563.25
Apr 1, 2021- $78,703.27
May 1, 2021- $97,225.14

Almost there!

We have done it.  As for this morning, our net worth is $101,183.45.  See you all in the other thread.

Congrats @GatorNation 
What amazing progress!
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on May 28, 2021, 02:05:54 AM
July 2018: £20,385
October 2018: £24,504
January 2019: £25, 295
April 2019: £33,844
July 2019: £38,667
October 2019: £38,588
January 2020: £43,260
April  2020:  £38,094
July 2020: £49,062.35
August 2020: £50,172 just over halfway! :)
Sept 2020: £55,556
Oct 2020 : £56,42
Nov 2020: £57.565 absolute hammering in the markets this month!!!
Dec 2020 : £62,368
Jan 2021 £64,542
Feb 2021 £66,616 Markets fell out a bit this week and I had a dabble in the Gamestop mania (came out unscathed but slightly up to entry).
March 2021 £67,305 - I was over 70k earlier this month! Markets have completely shit the bed. Look forward to looking back at this in X number of years and it barely even registering as a dip in the market.
April 2021 £71,137  - Some significant changes are underway. I've invested £1.5k into cryptocurrencies (roughly 2% of portfolio), I've got some fairly expensive elective surgery coming up that will put a dent in savings for the next few months AND our first child is on the way, so who knows what that means for my savings plans! :)
May 2021 £75,325

June 2021 £73,732
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on May 28, 2021, 09:49:03 AM
Tracking full net worth

EOY 12.2016 - (-£10,250)
EOY 12.2017 - £4,360
EOY 12.2018 - £40,620
EOY 12.2019 - £62,523
EOY 12.2020 - £82,420
01.2021 - £84,647 (+2,227)
02.2021 - £86,456 (+1,809)
03.2021 - £88,885 (+2,429)
04.2021 - £90,615 (+1,730)
05.2021 - £91,865 (+1,250)
06.2021 - £93,664 (+1,799)

Assets = £94,117
Student loans = (£453)
Title: Re: Race from 10 to 100k!!
Post by: mountain mustache on May 28, 2021, 01:51:39 PM
10/02/2020- $14835.83
11/13/2020- $16110.56
12/11/2020- $16675.72
01/08/2021- $19310.15
01/22/2021- $20533.24
02/05/2021- $21534.62
03/08/2021- $23372.12
04/02/2021- $26218.04
05/01/2021- $29057.55
06/01/2021- $30095.43

Just barely squeezed in over $30K after being paid today. This number might be flat for a few months as I finally reached a 6 month E-Fund and a few other savings goals, and have a few car/home things I need to fix that I've been putting off.
Title: Re: Race from 10 to 100k!!
Post by: Serendip on May 29, 2021, 10:52:30 PM
Dec '17    18,146
Jan '18     23,607
Dec '18    48,380
Dec '19    60,746
Jan '20     63,186
May '20    62,300
June '20   63,000
July '20    58,562
Oct '20     60,900

Dec '20   62,900
Jan '21    65,400
Feb '21    67,600
Mar '21    68,750
Apr '21    72,858
May '21  75,068

*getting there, 3/4 of the way!
Bought some camping gear this month and work was slow but still managed to put some good savings away.

Title: Re: Race from 10 to 100k!!
Post by: Tass on May 30, 2021, 10:47:19 PM
20172018201920202021
January$12.1k$24.7k$49.0k$76.2k
February$13.6k$27.2k$46.5k$79.0k
March$15.1k$29.3k$42.7k$82.6k
April$16.6k$31.3k$47.5k$87.3k
May$17.7k$31.5k$50.6k$88.2k
June$18.5k$33.3k$53.5k
July$6.2k$20.2k$35.1k$58.5k
August$6.8k$20.8k$36.7k$63.0k
September   $8.2k$22.2k$38.6k$63.2k
October$9.0k$21.7k$40.2k$62.9k
November$9.9k$22.5k$42.6k$69.9k
December$11.1k   $22.4k   $44.6k   $75.0k   

Slightly premature update. Still projecting $99k at the end of December.
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on May 31, 2021, 07:48:20 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-    137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)
01/05/2021: 50.942,27 € (+   714,52 €)

01/05/2021: 45.969,23 € (-4.973,04 €)

First large decrease since I started the race, due to the fall in BTC. Savings were roughly 2.100 € even though I already paid for flights for summer vacation however, so I'm very glad with how things are going. Hopefully not too long to cross 50k € for the second and final time.
Title: Re: Race from 10 to 100k!!
Post by: FinanceFreaky on May 31, 2021, 12:48:20 PM
01-05-2021: €24.632,41   
01-06-2021: €25.632,16 +€999,75

Moved some money from savings to stocks and withdraw some money for the upcoming holidays.
Title: Re: Race from 10 to 100k!!
Post by: triple7stash on May 31, 2021, 09:36:41 PM
Tracking investing in SPN (which doesn't include roth)

12/28/2020 - $62,783
1/28/2021 - $67,335.21
2/28/2021 - $69,404
3/28/2021 - $71,869
4/28/2021 - $77,861
5/31/2021 - $79,885
Title: Re: Race from 10 to 100k!!
Post by: Imma on May 31, 2021, 09:59:11 PM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October 2019: €11128.59
November 2019: €11227,46
December 2019: €11991,27
January 2020: €12576,72
February 2020: €11904,39
March 2020: €10425,32
April 2020: €11830,70
May 2020: €12154,67
June 2020: €14634,19
July 2020: €15345,09
August 2020: €16444,46
September 2020: €17108,60
October 2020: €16687,93
November 2020: €17762,62
December 2020: €19386,94
January 2021: €20649.69
February 2021: €22021,64
March 2021: €22763,55
April 2021: €23866,70
May 2021: €25689.77

Goals for 2021:
Savings: €10.000
Investments: €25.000


25% of the way there! It took me the best part of 2 years to go from 10% to 20% but from 20% to 25% has only been a couple of months. Another low-spend month, spent about €825. That's about as low as it gets, as about €300 of that is health-related. I bought a new to me dress for when I need to get into work again in a few weeks and that cost €15, plus some hobby and gardening supplies that together cost less than €100. The dress was a great find, it still had tags and I already own that same Benetton dress in a different colour (bought new for €35-ish a couple of years ago). That dress is one of my favourites and great quality. 
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on June 01, 2021, 01:29:06 AM
Tracking investments, emergency fund and additional pension investments (all to be used to retire together with SO!)
(not tracking company pension investments, house value and current accounts / special project savings)

15 May 2020: EUR 17,034 (started tracking)
15 December 2020: EUR 23,325

31 January 2021: EUR 24,040
28 February 2021: EUR 25,103
31 March 2021: EUR 26,263
30 April 2021: EUR 27,109
31 May 2021: EUR 30,039
(2021 goal: EUR 35K)

A very good month! Due to holiday pay, so I know it might be a temporary increase. But I try to keep our holiday (in August) as cheap as possible, so this will not have a major impact on our savings. However, it is nice to see the crossing of the EUR 30K number! Still hoping to cross the EUR 35K this year, but this will be a stretch......(all depending on bonus payouts, but let's see how we move on).
Tax and insurance refunds were received, but we decided to put this to our mortgage. This will result in slightly lower payments every month, but also (more important) earlier repayment (I directed the repayments to count as decrease of term, so we shaved 6 months of our repayment of this particular mortgage part, which means that our monthly expenses in the future (when we are both retiring) will be significantly lower).

Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on June 01, 2021, 07:26:03 AM

2018                             2019                              2020                            2021
1/31: (5949.05)              1/31: 13,493.35              1/31: 44,514                 1/31: 85,576
2/28: (5288.30)              2/28: 15,766.50              2/29: 48,891                 2/28: 86,616
3/31: (4273.93)              3/31: 19,286                   3/31: 46,104                 3/31: 94,009
4/30: (2592.07)              4/30: 19,283                   4/30: 52,720                 4/30: 96,128
5/31: (629.70)                5/31: 18,676                   5/31: 55,177
6/30: 1,206.77                6/30: 22,362                   6/30: 59,720
7/31: 2,703.97                7/31: 24,646                   7/31: 65,792
8/31: 5,651.70                8/30: 27,199                   8/31: 71,970
9/31: 8,039.01                9/31: 30,664                   9/30: 72,466
10/31: 7,803.49              10/31: 33,343                 10/31: 72,288
11/30: 9,531.28              11/30: 35,249                 11/30: 80,093
12/31: 9,296.79              12/31: 39,079                 12/31: 84,002
Gain: 15,245.84                         29,783                            44,943

5/31/2021: 95,056

Went down some this last month but we are going to be moving in to the new house here in June! Rather stressed right now but the end is in sight.



Spread sheet is updated and ready to be filled in:
https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?usp=sharing
Title: Re: Race from 10 to 100k!!
Post by: lifeandlimb on June 01, 2021, 07:55:15 AM
Dec 2019 $7,548   
Jan 2020 $7,379   
Feb 2020 $7,983   
Mar 2020 $11,952   
Apr 2020 $20,078   
May 2020 $27,255   
June 2020 $29,933   
July 2020 $28,764   
Aug 2020 $28,618   
Sept 2020 $28,864   
Oct 2020 $27,434   
Nov 2020 $39,641   
Dec 2020 $39,169   
Jan 2021 $42,748   
Feb 2021 $43,215   
Mar 2021 $45,100   
Apr 2021 $48,171   
May 2021 $49,227
June 2021 $49,484

May was a slow paycheck month, but the net worth still went up, which is good. I was listening to a FI podcast that said even having five figures in retirement accounts is a landmark worth noting, so I've decided to feel happy about that.
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on June 01, 2021, 08:17:15 AM
May 2020 - $38,540
June 2020 - $39,514
July 2020 - $42,207
August 2020 - $44,045
September 2020 - $44,514
October 2020 - $45,564
November 2020 - $50,152
December 2020 - $52,356
January 2021 - $53,423
February 2021 - $54,304
March 2021 - $58,321
April 2021 - $61,745

May 2021 - $62,978

I bumped my 401K contributions up by 1% and my company is now kicking in another percent.  It's not much, but it's something!!
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on June 01, 2021, 09:01:51 AM
                       2018                2019                2020                2021                2022               
January$6,455-$14,460$34,473-
February--$14,991$36,257-
March--$14,632$38,256-
April-$10,960$13,884$47,021-
May--$17,011$52,533-
June--$19,255$54,094-
July--$20,358--
August--$21,993--
September--$23,312--
October--$24,777--
November-$13,466$26,407--
December$9,518-$30,697--

Slow and steady...
Title: Re: Race from 10 to 100k!!
Post by: Imma on June 01, 2021, 10:59:53 AM
May 2020 - $38,540
June 2020 - $39,514
July 2020 - $42,207
August 2020 - $44,045
September 2020 - $44,514
October 2020 - $45,564
November 2020 - $50,152
December 2020 - $52,356
January 2021 - $53,423
February 2021 - $54,304
March 2021 - $58,321
April 2021 - $61,745

May 2021 - $62,978

I bumped my 401K contributions up by 1% and my company is now kicking in another percent.  It's not much, but it's something!!

But in the long run it will be a fortune! I changed my job last year. My previous employer paid 50% of my pension premiums (it all works a bit different here) and my current employer pays 75%. I'm making a lot more so my premium has increased, but due to the change in employer contribution it's gone up only by about €100 pre-tax/month. And I'm saving up a LOT more than I used to do.
Title: Re: Race from 10 to 100k!!
Post by: regenaeb on June 01, 2021, 02:14:59 PM
11/30/20 - SEP Balance $ 15524.45 + Roth $ 1770.76 - Student loan balance $ 6897.45 = $ 10,397.76
12/30/20 - SEP Balance $ 16106.09 + Roth $ 1813.94 - Student loan balance $ 6306.71 = $ 11,613.32

01/29/21 - SEP + Roth $ 20,139.02 - Student loan balance $ 5,316.32 = $ 14,822.70
02/28/21 - SEP + Roth $ 21,680.41 - Student loan balance $ 4,000.15 = $ 17,680.26
03/31/21 - SEP + Roth $ 22,823.38 - Student loan balance $ 2,994.55 = $ 19,828.83
04/27/21 - SEP + Roth $ 24,365.29 - Student loan balance $ 1,699.29 = $ 22,666.00
05/31/21 - SEP + Roth $ 25,063.59 - Student loan balance $ 0 = $ 25,063.59 - Student loan is paid off!!!

Amazing to see that 6 months ago, my net worth was just over $10K and now my loan is completely paid off and my net work is over $25K. Can't wait to see what my end of year number looks like. Now to max out the Roth for the rest of the year.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on June 01, 2021, 02:50:08 PM
11/30/20 - SEP Balance $ 15524.45 + Roth $ 1770.76 - Student loan balance $ 6897.45 = $ 10,397.76
12/30/20 - SEP Balance $ 16106.09 + Roth $ 1813.94 - Student loan balance $ 6306.71 = $ 11,613.32

01/29/21 - SEP + Roth $ 20,139.02 - Student loan balance $ 5,316.32 = $ 14,822.70
02/28/21 - SEP + Roth $ 21,680.41 - Student loan balance $ 4,000.15 = $ 17,680.26
03/31/21 - SEP + Roth $ 22,823.38 - Student loan balance $ 2,994.55 = $ 19,828.83
04/27/21 - SEP + Roth $ 24,365.29 - Student loan balance $ 1,699.29 = $ 22,666.00
05/31/21 - SEP + Roth $ 25,063.59 - Student loan balance $ 0 = $ 25,063.59 - Student loan is paid off!!!

Amazing to see that 6 months ago, my net worth was just over $10K and now my loan is completely paid off and my net work is over $25K. Can't wait to see what my end of year number looks like. Now to max out the Roth for the rest of the year.

Well done @regenaeb!  go go go!
Title: Re: Race from 10 to 100k!!
Post by: mckaylabaloney on June 01, 2021, 03:42:46 PM
Congrats on paying off the student loan @regenaeb! What an awesome milestone.
Title: Re: Race from 10 to 100k!!
Post by: robertford on June 04, 2021, 06:59:23 AM
April 21: £58,800
May 21: £66,153
June 21: £67,120
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on June 04, 2021, 07:21:09 AM


Our Investments and Savings (not including checking accounts)

9/28/18  - $22,949
10/28/18 - $23,952
11/28/18 - $27,878
1/28/19 - $28,853
2/28/19 - $31,682
3/28/19 - $32,684
4/28/19 - $35,011
5/28/19 - $35,838
6/28/19 - $38,276
7/28/19 - $40,607
8/28/19 - $40,508
9/28/19 - $42,168
10/28/19 -$42,209
11/28/19 - $44,478
12/28/19 -$46,408
1/28/20 - $49,115
2/28/20 - $50,466
3/28/20 - $48,609
4/28/20 - $55,026
5/28/20 - $59,256
6/28/20 - $60,807
7/28/20 - $64,342
8/28/20 - $65,454
9/28/20 -  $65,495
10/28/20 - $67,282
11/28/20 - $70,737
12/28/20 - $72,895
1/28/21 - $79,429
2/28/21 - $83,727
3/28/21 - $88,303
4/28/21 - $91,120
5/28/21 - $93,394
6/4/21 - $94,130

It's amazing how easily it starts to grow once it gets going.  I feel so blessed for our progress, our NW has quadrupled in two and two-thirds years. 

Note: when we add our bank accounts to the list, we passed SIX FIGURES a few months ago.  Almost there with our Savings/Investments!
Title: Re: Race from 10 to 100k!!
Post by: hal on June 05, 2021, 01:37:13 PM
MonthInvested TNW
Aug 2020$7,009$44,174
Sep 2020$11,792$44,287
Oct 2020$31,493$64,283
Nov 2020$41,577$73,480
Dec 2020$50,881$81,261
Jan 2021$57,339$89,777
Feb 2021$64,587$97,514
Mar 2021$72,121$107,895
Apr 2021$81,536$118,113
May 2021$88,638$124,105

Getting closer and closer. Since last month, I've informed my boss that my wife and I are moving to CA, and the good news is that I can stay remote through the fall for sure, and also can start to look to transfer internally. I was afraid my company's co-location preference would get in the way of this. Of course there's always a chance something doesn't work out, but overall I'm happy to be moving with some stability. That's all to say -- I'm fairly certain I can keep up the pace and hopefully get to $100k in investment accounts by August or September.
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on June 06, 2021, 07:46:25 PM
May 2020 - $38,540
June 2020 - $39,514
July 2020 - $42,207
August 2020 - $44,045
September 2020 - $44,514
October 2020 - $45,564
November 2020 - $50,152
December 2020 - $52,356
January 2021 - $53,423
February 2021 - $54,304
March 2021 - $58,321
April 2021 - $61,745

May 2021 - $62,978

I bumped my 401K contributions up by 1% and my company is now kicking in another percent.  It's not much, but it's something!!

Awesome! The 2% bump will pay big dividends in the long run!
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on June 06, 2021, 07:52:17 PM
Student Loan Debt:

01/12/19: $43,762
05/04/20: $21,456
11/09/20: $21,456
05/04/21: $21,456
06/01/21: $21,456 (Loans have remained in forbearance)


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739
06/05/20: $18,006 ($7,267)
07/05/20: $8,594 (-$9,412)
08/05/20: $9,084 ($490)
09/01/20: $13,497 ($4,413)
10/01/20: $12,283 (-$1,214)
11/01/20: $15,692 ($3,409)
12/05/20: $19,528 ($3,836)
01/01/21: $21,735 ($2,207)
02/03/21: $21,870 ($135)
03/01/21: $23,417 ($1,547)
04/02/21: $33,080 ($9,663)
05/04/21: $36,424 ($3,344)
06/01/21: $39,976 ($3,552)


Went on a 15 day vacation and still managed to have a good month!
Title: Re: Race from 10 to 100k!!
Post by: mgardner88 on June 07, 2021, 08:43:49 AM
7/1/2020: $46,295
8/1/2020: $49,461 (+3,166)
9/1/2020: $51,488 (+2,027)
10/1/2020: $52,753 (+1,265)
11/1/2020: $53,942 (+1,189)
12/1/2020: $56,152 (+2,210)
1/8/2021: $63,512 (+7,360)
2/5/2021: $67,571 (+4,059)
3/3/2021: $70,618 (+3,047)
4/2/2021: $74,861 (+4,243)
5/5/2021: $80,447 (+5,586)
6/7/2021: $84,957 (+4,510)

If things keep going the same I should graduate this thread in October. $28,808 added to our retirement accounts since 1/1/2021. Mind blowing, considering that's 1/3 of our gross income.  These are just our retirement/brokerage accounts, i don't include our house equity in this amount. We just refinanced and our house has increased substantially since last year when we refinanced. I'm not sure how much weight to give that though, the market seems so inflated where we are (California) So for my own records ive kept a conservative number for the house. Feels safer I suppose.
Title: Re: Race from 10 to 100k!!
Post by: TerrierTown on June 16, 2021, 09:50:37 AM
01 Jun 2019 NW £44,112
01 Jul 2019 NW £46,737  (+£2,625)
02 Apr 2020 NW £61,865 (+£15,128)
15 Aug 2020 NW £73,912 (+£12,047)
15 Dec 2020 NW £80,781 (+£6,869)
17 Jan 2021 NW £83,923 (+£3,142)
17 Feb 2021 NW £86,418 (+£2,495)
17 Mar 2021 NW £89,618 (+£3,200)
16 Jun 2021 NW £94,039 (+£4,421)
Title: Re: Race from 10 to 100k!!
Post by: Manchester on June 22, 2021, 05:44:28 AM
Hi guys,

My N/W grew by £2,069.06 to a new total of £42,771.24

Markets did most of the heavy lifting.  My investments were at -24% (compared to what I'd invested) 10 months ago, compared to over +30% today.  That's crazy, right?  :')

Still getting paid less with this current lockdown.  Still saving for my wedding.  Once things get back to normal and I'm married I really think my progress should skyrocket.

Hope you're all keeping well and staying safe....


I've been rubbish at posting since my last update in January! 

I've been keeping on top of my money and my N/W today is £50,142.  So I'm halfway there now.

Title: Re: Race from 10 to 100k!!
Post by: Imma on June 25, 2021, 08:43:45 AM
Hi guys,

My N/W grew by £2,069.06 to a new total of £42,771.24

Markets did most of the heavy lifting.  My investments were at -24% (compared to what I'd invested) 10 months ago, compared to over +30% today.  That's crazy, right?  :')

Still getting paid less with this current lockdown.  Still saving for my wedding.  Once things get back to normal and I'm married I really think my progress should skyrocket.

Hope you're all keeping well and staying safe....


I've been rubbish at posting since my last update in January! 

I've been keeping on top of my money and my N/W today is £50,142.  So I'm halfway there now.

I was wondering where you went!!! But congratulations on reaching 50k! I'm sure the next 50k will be easier than the first.
Title: Re: Race from 10 to 100k!!
Post by: BobTheBuilder on June 27, 2021, 05:52:29 AM
I just crossed € 70k this month. 70,500€. 

I am in awe! Payment scheme was increased at my job and my portfolio is on a run! That is 33k more than last year, when my SO at the time and I split up after a really long time, I moved into another city and when I thought the world was upside down.

Noice.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on June 28, 2021, 04:18:21 AM
Hi guys,

My N/W grew by £2,069.06 to a new total of £42,771.24

Markets did most of the heavy lifting.  My investments were at -24% (compared to what I'd invested) 10 months ago, compared to over +30% today.  That's crazy, right?  :')

Still getting paid less with this current lockdown.  Still saving for my wedding.  Once things get back to normal and I'm married I really think my progress should skyrocket.

Hope you're all keeping well and staying safe....


I've been rubbish at posting since my last update in January! 

I've been keeping on top of my money and my N/W today is £50,142.  So I'm halfway there now.

I was wondering where you went!!! But congratulations on reaching 50k! I'm sure the next 50k will be easier than the first.

The industry I work in reopened in April, so I was incredibly busy with work from mid-Feb onwards.   I've been trying to maximise my spare time away from my desk!

I hope you're doing well?  It was a shame about the Netherlands result yesterday - I was hoping for an Ned v Eng semi final! :')
Title: Re: Race from 10 to 100k!!
Post by: Imma on June 28, 2021, 03:59:08 PM
Hi guys,

My N/W grew by £2,069.06 to a new total of £42,771.24

Markets did most of the heavy lifting.  My investments were at -24% (compared to what I'd invested) 10 months ago, compared to over +30% today.  That's crazy, right?  :')

Still getting paid less with this current lockdown.  Still saving for my wedding.  Once things get back to normal and I'm married I really think my progress should skyrocket.

Hope you're all keeping well and staying safe....


I've been rubbish at posting since my last update in January! 

I've been keeping on top of my money and my N/W today is £50,142.  So I'm halfway there now.

I was wondering where you went!!! But congratulations on reaching 50k! I'm sure the next 50k will be easier than the first.

The industry I work in reopened in April, so I was incredibly busy with work from mid-Feb onwards.   I've been trying to maximise my spare time away from my desk!

I hope you're doing well?  It was a shame about the Netherlands result yesterday - I was hoping for an Ned v Eng semi final! :')

I know what you're talking about, my work has been incredibly busy lately. I also try to stay away from devices in my spare time as much as I can.

Before the tournament started the whole country was convinced it was hopeless, one good match against North Macedonia and suddenly half of the country seriously thought we were going to win. We've got some pretty decent players in our team, but it's been a while since we got anywhere in a tournament.

So I was honestly not that surprised about last night, although of course there's always a little bit of hope that we may not embarrass ourselves this year. But by the time we heard our favourite player (Donny van de Beek! Although not your team if I remember correctly ;-) ) was injured and had to drop out we were pretty much convinced they were going to fail.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on June 29, 2021, 05:51:36 AM
Hi guys,

My N/W grew by £2,069.06 to a new total of £42,771.24

Markets did most of the heavy lifting.  My investments were at -24% (compared to what I'd invested) 10 months ago, compared to over +30% today.  That's crazy, right?  :')

Still getting paid less with this current lockdown.  Still saving for my wedding.  Once things get back to normal and I'm married I really think my progress should skyrocket.

Hope you're all keeping well and staying safe....


I've been rubbish at posting since my last update in January! 

I've been keeping on top of my money and my N/W today is £50,142.  So I'm halfway there now.

I was wondering where you went!!! But congratulations on reaching 50k! I'm sure the next 50k will be easier than the first.

The industry I work in reopened in April, so I was incredibly busy with work from mid-Feb onwards.   I've been trying to maximise my spare time away from my desk!

I hope you're doing well?  It was a shame about the Netherlands result yesterday - I was hoping for an Ned v Eng semi final! :')

I know what you're talking about, my work has been incredibly busy lately. I also try to stay away from devices in my spare time as much as I can.

Before the tournament started the whole country was convinced it was hopeless, one good match against North Macedonia and suddenly half of the country seriously thought we were going to win. We've got some pretty decent players in our team, but it's been a while since we got anywhere in a tournament.

So I was honestly not that surprised about last night, although of course there's always a little bit of hope that we may not embarrass ourselves this year. But by the time we heard our favourite player (Donny van de Beek! Although not your team if I remember correctly ;-) ) was injured and had to drop out we were pretty much convinced they were going to fail.

I'm more of a Nathan Ake kind of man!  ;)

Ah well, if it cheers you up, you can watch Germany beat us on penalties this evening. 
Title: Re: Race from 10 to 100k!!
Post by: FinanceFreaky on June 29, 2021, 05:54:49 AM
01-05-2021: €24.632,41   
01-06-2021: €25.632,16
01-07-2021: €27.021,86 +€1.389,87 🥰
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on June 30, 2021, 01:46:08 AM
July 2018: £20,385
October 2018: £24,504
January 2019: £25, 295
April 2019: £33,844
July 2019: £38,667
October 2019: £38,588
January 2020: £43,260
April  2020:  £38,094
July 2020: £49,062.35
August 2020: £50,172 just over halfway! :)
Sept 2020: £55,556
Oct 2020 : £56,42
Nov 2020: £57.565
Dec 2020 : £62,368
Jan 2021 £64,542
Feb 2021 £66,616
March 2021 £67,305
April 2021 £71,137 
May 2021 £75,325
June 2021 £73,732

July 2021 £80,163
Title: Re: Race from 10 to 100k!!
Post by: Serendip on June 30, 2021, 10:17:11 AM
Dec '17    18,146
Jan '18     23,607
Dec '18    48,380
Dec '19    60,746
Jan '20     63,186
May '20    62,300
June '20   63,000
July '20    58,562
Oct '20     60,900

Dec '20   62,900
Jan '21    65,400
Feb '21    67,600
Mar '21    68,750
Apr '21    72,858
May '21   75,068
June '21  77,013

*made a few stressful money decisions but still managing to move forward!
Title: Re: Race from 10 to 100k!!
Post by: triple7stash on June 30, 2021, 11:20:45 AM
Tracking investing in SPN (which doesn't include roth)

12/28/2020 - $62,783
1/28/2021 - $67,335.21
2/28/2021 - $69,404
3/28/2021 - $71,869
4/28/2021 - $77,861
5/31/2021 - $79,885
6/30/2021 - $82,843
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on July 01, 2021, 01:30:08 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-   137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)
01/05/2021: 50.942,27 € (+   714,52 €)
01/06/2021: 45.969,23 € (- 4.973,04 €)

01/07/2021: 47.887,98 € (+1.918,75 €)

Back to a more regular month, hopefully back over 50k next month or the month after.
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on July 01, 2021, 02:36:19 AM
Tracking investments, emergency fund and additional pension investments (all to be used to retire together with SO!)
(not tracking company pension investments, house value and current accounts / special project savings)

15 May 2020: EUR 17,034 (started tracking)
15 December 2020: EUR 23,325

31 January 2021: EUR 24,040
28 February 2021: EUR 25,103
31 March 2021: EUR 26,263
30 April 2021: EUR 27,109
31 May 2021: EUR 30,039
30 June 2021: EUR 30,721
(2021 goal: EUR 35K)

Only a small increase this month. We directed our insurance refund to the mortgage and to our special project savings. So the increase is just regular savings (and a bit of market increase). Whenever the special project savings are at their required balance, we should be able to direct more to the retirement savings.
Title: Re: Race from 10 to 100k!!
Post by: lifeandlimb on July 01, 2021, 08:13:33 AM
Dec 2019 $7,548   
Jan 2020 $7,379   
Feb 2020 $7,983   
Mar 2020 $11,952   
Apr 2020 $20,078   
May 2020 $27,255   
June 2020 $29,933   
July 2020 $28,764   
Aug 2020 $28,618   
Sept 2020 $28,864   
Oct 2020 $27,434   
Nov 2020 $39,641   
Dec 2020 $39,169   
Jan 2021 $42,748   
Feb 2021 $43,215   
Mar 2021 $45,100   
Apr 2021 $48,171   
May 2021 $49,227
June 2021 $49,484
July 2021 $49,142

NW went up and down this past month, flirting with crossing the halfway mark. At one point it was over $50/51k and then dropped back down.
I'm anticipating July to be a bigger paycheck month, so the NW should go up. I'm trying to strike a balance between enjoying my social life again as Covid restrictions ease, while still saving.
Title: Re: Race from 10 to 100k!!
Post by: robertford on July 02, 2021, 02:37:15 AM
April 21: £58,800
May 21: £66,153
June 21: £67,120
July 21: £70,304

Good returns this month!
Title: Re: Race from 10 to 100k!!
Post by: hal on July 02, 2021, 07:39:15 AM
MonthInvested TNW
Aug 2020$7,009$44,174
Sep 2020$11,792$44,287
Oct 2020$31,493$64,283
Nov 2020$41,577$73,480
Dec 2020$50,881$81,261
Jan 2021$57,339$89,777
Feb 2021$64,587$97,514
Mar 2021$72,121$107,895
Apr 2021$81,536$118,113
May 2021$88,638$124,105
Jun 2021$95,129$130,902

If markets hold, July will be the month!! I also submitted a $4k order on July 1, so I'm technically at around $99k right now. I feel fortunate to be part of this bull market...
Title: Re: Race from 10 to 100k!!
Post by: Imma on July 02, 2021, 08:50:33 AM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October 2019: €11128.59
November 2019: €11227,46
December 2019: €11991,27
January 2020: €12576,72
February 2020: €11904,39
March 2020: €10425,32
April 2020: €11830,70
May 2020: €12154,67
June 2020: €14634,19
July 2020: €15345,09
August 2020: €16444,46
September 2020: €17108,60
October 2020: €16687,93
November 2020: €17762,62
December 2020: €19386,94
January 2021: €20649.69
February 2021: €22021,64
March 2021: €22763,55
April 2021: €23866,70
May 2021: €25689.77
June 2021: €25659.61

Goals for 2021:
Savings: €10.000
Investments: €25.000

I'm learning to drive and it costs a fortune where I live. I've spent €2000 so far on my theory test, my first 21 lessons (average person needs 39) and some associated costs. I'm expecting to spend another €1500 at least in a couple of months for the rest of my lessons + my medical exam + the actual license card and getting my picture taken. The card itself is €41 already. And they wonder why so many young people don't drive....
Title: Re: Race from 10 to 100k!!
Post by: shinn497 on July 02, 2021, 11:13:30 AM
March 19 10450 (At beginning of the month)
Apr 19     12500
May 19    14800
June 19   17031
July 19    20100
Aug 19    23300
Sept 19   26300
Oct 19     29300
Nov 19    30500
Dec 19    33800
Jan 20     37100
Feb 20     37100
March 20 38413
Apr 20     32000
May 20     37000
June 20    42500
July 20     46300
Aug 20     50200
Sept 20     53400
Oct 20       55700
Nov 20      62000
Dec 20      66300
Jan 21       71500
Feb 21       77000
March 21   80500
Apr 21   83500
May 21   88000
June 21 91000
July 21 95000

Crazy how much gainz have been. I actually lowered my contributions and still had large increases.
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on July 02, 2021, 06:28:33 PM
                       2018                2019                2020                2021                2022               
January$6,455-$14,460$34,473-
February--$14,991$36,257-
March--$14,632$38,256-
April-$10,960$13,884$47,021-
May--$17,011$52,533-
June--$19,255$54,094-
July--$20,358$55,927-
August--$21,993--
September--$23,312--
October--$24,777--
November-$13,466$26,407--
December$9,518-$30,697--
Title: Re: Race from 10 to 100k!!
Post by: Tass on July 04, 2021, 09:24:07 AM
20172018201920202021
January$12.1k$24.7k$49.0k$76.2k
February$13.6k$27.2k$46.5k$79.0k
March$15.1k$29.3k$42.7k$82.6k
April$16.6k$31.3k$47.5k$87.3k
May$17.7k$31.5k$50.6k$88.2k
June$18.5k$33.3k$53.5k$90.3k
July$6.2k$20.2k$35.1k$58.5k
August$6.8k$20.8k$36.7k$63.0k
September   $8.2k$22.2k$38.6k$63.2k
October$9.0k$21.7k$40.2k$62.9k
November$9.9k$22.5k$42.6k$69.9k
December$11.1k   $22.4k   $44.6k   $75.0k   

Now projecting $30 short of $100k by the end of the year. Kind of hilarious, honestly.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on July 04, 2021, 03:04:49 PM
Dec 2019 $7,548   
Jan 2020 $7,379   
Feb 2020 $7,983   
Mar 2020 $11,952   
Apr 2020 $20,078   
May 2020 $27,255   
June 2020 $29,933   
July 2020 $28,764   
Aug 2020 $28,618   
Sept 2020 $28,864   
Oct 2020 $27,434   
Nov 2020 $39,641   
Dec 2020 $39,169   
Jan 2021 $42,748   
Feb 2021 $43,215   
Mar 2021 $45,100   
Apr 2021 $48,171   
May 2021 $49,227
June 2021 $49,484
July 2021 $49,142

NW went up and down this past month, flirting with crossing the halfway mark. At one point it was over $50/51k and then dropped back down.
I'm anticipating July to be a bigger paycheck month, so the NW should go up. I'm trying to strike a balance between enjoying my social life again as Covid restrictions ease, while still saving.

That's nice steady progress @lifeandlimb!  Keep it up!  You've got this.   
Title: Re: Race from 10 to 100k!!
Post by: mgardner88 on July 06, 2021, 08:50:19 AM
7/1/2020: $46,295
8/1/2020: $49,461 (+3,166)
9/1/2020: $51,488 (+2,027)
10/1/2020: $52,753 (+1,265)
11/1/2020: $53,942 (+1,189)
12/1/2020: $56,152 (+2,210)
1/8/2021: $63,512 (+7,360)
2/5/2021: $67,571 (+4,059)
3/3/2021: $70,618 (+3,047)
4/2/2021: $74,861 (+4,243)
5/5/2021: $80,447 (+5,586)
6/7/2021: $84,957 (+4,510)
7/6/2021: $90,092 (+5,135)

Its been one year since I began tracking. Total gains of $43,797 since July of 2020. Now that things are slowing down with Covid restrictions we will begin to funnel some of our money towards vacations and travel again. So I anticipate our savings rate to slow a little. Still hoping to get to 100k by October. Great job everybody.
Title: Re: Race from 10 to 100k!!
Post by: lifeandlimb on July 06, 2021, 11:03:59 AM
Dec 2019 $7,548   
Jan 2020 $7,379   
Feb 2020 $7,983   
Mar 2020 $11,952   
Apr 2020 $20,078   
May 2020 $27,255   
June 2020 $29,933   
July 2020 $28,764   
Aug 2020 $28,618   
Sept 2020 $28,864   
Oct 2020 $27,434   
Nov 2020 $39,641   
Dec 2020 $39,169   
Jan 2021 $42,748   
Feb 2021 $43,215   
Mar 2021 $45,100   
Apr 2021 $48,171   
May 2021 $49,227
June 2021 $49,484
July 2021 $49,142

NW went up and down this past month, flirting with crossing the halfway mark. At one point it was over $50/51k and then dropped back down.
I'm anticipating July to be a bigger paycheck month, so the NW should go up. I'm trying to strike a balance between enjoying my social life again as Covid restrictions ease, while still saving.

That's nice steady progress @lifeandlimb!  Keep it up!  You've got this.

Thanks @Trifele ! Much appreciated.
Title: Re: Race from 10 to 100k!!
Post by: catlady on July 06, 2021, 07:51:36 PM
 
2020
2021
25 Jan
   
$48 938 (+$26 476)
25 Feb
   
$50 686.73 (+$ 1748)
25 Mar
   
$52 418 (+$ 1731)
06 July
   
$70,688.91 (+$ 18,270.69)
25 Sept
 
$11 699.98
 
25 Oct
 
$15 171.88 (+$3,471.9)
 
25 Nov
 
$17,631.78 (+$2,459.90)
 
25 Dec
 
$22,462.17 (+$4,830.39)
 

Spoiler: show
 I've been a bit depressed? lately so I stopped tracking but apparently we did really well... So at least some good news :)

Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on July 07, 2021, 09:47:17 AM
 
2020
2021
25 Jan
   
$48 938 (+$26 476)
25 Feb
   
$50 686.73 (+$ 1748)
25 Mar
   
$52 418 (+$ 1731)
06 July
   
$70,688.91 (+$ 18,270.69)
25 Sept
 
$11 699.98
 
25 Oct
 
$15 171.88 (+$3,471.9)
 
25 Nov
 
$17,631.78 (+$2,459.90)
 
25 Dec
 
$22,462.17 (+$4,830.39)
 

Spoiler: show
 I've been a bit depressed? lately so I stopped tracking but apparently we did really well... So at least some good news :)


Nice job @catlady
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on July 07, 2021, 10:30:41 AM
Student Loan Debt:

01/12/19: $43,762
05/04/20: $21,456
11/09/20: $21,456
05/04/21: $21,456
06/01/21: $21,456
07/03/21: $21,456 (Loans have remained in forbearance)


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739
06/05/20: $18,006 ($7,267)
07/05/20: $8,594 (-$9,412)
08/05/20: $9,084 ($490)
09/01/20: $13,497 ($4,413)
10/01/20: $12,283 (-$1,214)
11/01/20: $15,692 ($3,409)
12/05/20: $19,528 ($3,836)
01/01/21: $21,735 ($2,207)
02/03/21: $21,870 ($135)
03/01/21: $23,417 ($1,547)
04/02/21: $33,080 ($9,663)
05/04/21: $36,424 ($3,344)
06/01/21: $39,976 ($3,552)
07/03/21: $47,349 ($7,373)


Paid for some overtime this past month, I expect to be over 50K for the August update!
Title: Re: Race from 10 to 100k!!
Post by: catlady on July 07, 2021, 03:08:04 PM
 
2020
2021
25 Jan
   
$48 938 (+$26 476)
25 Feb
   
$50 686.73 (+$ 1748)
25 Mar
   
$52 418 (+$ 1731)
06 July
   
$70,688.91 (+$ 18,270.69)
25 Sept
 
$11 699.98
 
25 Oct
 
$15 171.88 (+$3,471.9)
 
25 Nov
 
$17,631.78 (+$2,459.90)
 
25 Dec
 
$22,462.17 (+$4,830.39)
 

Spoiler: show
 I've been a bit depressed? lately so I stopped tracking but apparently we did really well... So at least some good news :)


Nice job @catlady

Thanks! 😁
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on July 08, 2021, 09:14:45 AM

2018                             2019                              2020                            2021
1/31: (5949.05)              1/31: 13,493.35              1/31: 44,514                 1/31: 85,576
2/28: (5288.30)              2/28: 15,766.50              2/29: 48,891                 2/28: 86,616
3/31: (4273.93)              3/31: 19,286                   3/31: 46,104                 3/31: 94,009
4/30: (2592.07)              4/30: 19,283                   4/30: 52,720                 4/30: 96,128
5/31: (629.70)                5/31: 18,676                   5/31: 55,177                 5/31: 95,056
6/30: 1,206.77                6/30: 22,362                   6/30: 59,720
7/31: 2,703.97                7/31: 24,646                   7/31: 65,792
8/31: 5,651.70                8/30: 27,199                   8/31: 71,970
9/31: 8,039.01                9/31: 30,664                   9/30: 72,466
10/31: 7,803.49              10/31: 33,343                 10/31: 72,288
11/30: 9,531.28              11/30: 35,249                 11/30: 80,093
12/31: 9,296.79              12/31: 39,079                 12/31: 84,002
Gain: 15,245.84                         29,783                            44,943

6/30/2021: 96,201

Been a heck of a start of this month so far. We have officially moved into our new house. Now it is time to get the old one prepared to sell. Hopefully going to see my networth take off here over the next couple of months.


Spread sheet is updated and ready to be filled in:
https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?usp=sharing
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on July 16, 2021, 03:06:38 PM

Our Investments and Savings (not including checking accounts)

9/28/18  - $22,949
10/28/18 - $23,952
11/28/18 - $27,878
1/28/19 - $28,853
2/28/19 - $31,682
3/28/19 - $32,684
4/28/19 - $35,011
5/28/19 - $35,838
6/28/19 - $38,276
7/28/19 - $40,607
8/28/19 - $40,508
9/28/19 - $42,168
10/28/19 -$42,209
11/28/19 - $44,478
12/28/19 -$46,408
1/28/20 - $49,115
2/28/20 - $50,466
3/28/20 - $48,609
4/28/20 - $55,026
5/28/20 - $59,256
6/28/20 - $60,807
7/28/20 - $64,342
8/28/20 - $65,454
9/28/20 -  $65,495
10/28/20 - $67,282
11/28/20 - $70,737
12/28/20 - $72,895
1/28/21 - $79,429
2/28/21 - $83,727
3/28/21 - $88,303
4/28/21 - $91,120
5/28/21 - $93,394
6/28/21 - $96,779
7/15/21 - $97,566

Our NW is edging closer to $100k!  Looking forward!

Side note: when adding checking accounts, we hit $100k back in March, but it will be really nice when our investing/savings joins the SIX FIGURE CLUB :)
Title: Re: Race from 10 to 100k!!
Post by: dizzy on July 21, 2021, 11:05:00 AM
Oct 2019- $1000
Nov 2019- $2340
Dec 2019- $2779
Jan 2020- $5658
Feb 2020- $5539
Mar 2020- $5024
Apr 2020- $5444
May 2020- $8302  (wherein I finally got some of unemployment)
June 2020- $20864 (wherein I got more unemployment plus the EIDL)
mid July 2020- $31724 (got the rest of the backpay, woohoo!)
7/31/20- $33340
9/2/20- $36366
9/17/20 - $42978
10/2/20- $43800
10/31/20- $47854
11/11/20- $53709
12/23/20- $64158
1/8/21- $69542
3/23/21- $81890
4/10/21- $88405
5/2/21- $94414
7/21/21- $93777.25

Oooook so a lil lower than before, BUT
-I spent $5000 in the last months for our wedding (most of the expenses are done)
-Spent $2400 on our honeymoon, 17 days roadtrip around Colorado which we took already.  Highly recommend doing honeymoon before the wedding!  LOL.  My fiance said he's going to contribute but I was doing a few credit card bonuses so I paid them. 
-Any future wedding spending is coming from his parents' contribution which is in his bank account currently. 

Basically spent a lot, would've hit $100k already, which is BANANAs, I make like $40-50k/year, I saved all this in less than 2 years (good investing helped too- I've averaged 30% return yearly).  My income has taken a jump since I got back 2 weeks ago since I now work 5 days a week instead of 3 at one job, and also we started taking private and insurance patients which pay more.

ALSO!  music is coming back.  I have gigs every weekend in September and October (including some weddings and polka which pay more).  Had 2 gigs last week and 2 more this week, and another 2 next week.  We have some November hits too with guarantees which is usually a drier month for us.  The main guy on my instrument who gets first preference is a band that's been on national TV, they have another thing coming up, so I am getting work usually he would have taken.  Yay for all of us getting $$ and gigz!!
Title: Re: Race from 10 to 100k!!
Post by: triple7stash on July 28, 2021, 09:10:14 AM
Tracking investing in SPN (which doesn't include roth)

12/28/2020 - $62,783
1/28/2021 - $67,335.21
2/28/2021 - $69,404
3/28/2021 - $71,869
4/28/2021 - $77,861
5/31/2021 - $79,885
6/30/2021 - $82,843
7/28/2021 - $85,130
Title: Re: Race from 10 to 100k!!
Post by: Serendip on July 29, 2021, 10:11:49 AM
Dec '17    18,146
Jan '18     23,607
Dec '18    48,380
Dec '19    60,746
Jan '20     63,186
May '20    62,300
June '20   63,000
July '20    58,562
Oct '20     60,900

Dec '20   62,900
Jan '21    65,400
Feb '21    67,600
Mar '21    68,750
Apr '21    72,858
May '21   75,068
June '21  77,013
July '21   79,020

*$2000 gains seems to be my average these past few months, will work more/pick up some shifts as we move into fall and keep spending lower. Getting closer to $100k and have to remember to be proud of myself!
Title: Re: Race from 10 to 100k!!
Post by: Serendip on July 29, 2021, 10:14:25 AM
Good work @DieHard_772 --you are SO CLOSE!
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on July 30, 2021, 01:28:57 AM
July 2018: £20,385
October 2018: £24,504
January 2019: £25, 295
April 2019: £33,844
July 2019: £38,667
October 2019: £38,588
January 2020: £43,260
April  2020:  £38,094
July 2020: £49,062.35
August 2020: £50,172 just over halfway! :)
Sept 2020: £55,556
Oct 2020 : £56,42
Nov 2020: £57.565
Dec 2020 : £62,368
Jan 2021 £64,542
Feb 2021 £66,616
March 2021 £67,305
April 2021 £71,137 
May 2021 £75,325
June 2021 £73,732
July 2021 £80,163

August 2021 £82,015
Had to rebuild emergency fund this month so investments have had to take a bit of a back seat.
Title: Re: Race from 10 to 100k!!
Post by: lifeandlimb on July 30, 2021, 06:40:48 AM
Dec 2019 $7,548   
Jan 2020 $7,379   
Feb 2020 $7,983   
Mar 2020 $11,952   
Apr 2020 $20,078   
May 2020 $27,255   
June 2020 $29,933   
July 2020 $28,764   
Aug 2020 $28,618   
Sept 2020 $28,864   
Oct 2020 $27,434   
Nov 2020 $39,641   
Dec 2020 $39,169   
Jan 2021 $42,748   
Feb 2021 $43,215   
Mar 2021 $45,100   
Apr 2021 $48,171   
May 2021 $49,227
June 2021 $49,484
July 2021 $49,142
Aug 2021 $54,479

Crossed the halfway mark! :)
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on July 30, 2021, 07:46:45 AM
well done @lifeandlimb ! major milestone :)
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on July 30, 2021, 02:21:40 PM
Good work @DieHard_772 --you are SO CLOSE!

Thank you! @Serendip
Title: Re: Race from 10 to 100k!!
Post by: lifeandlimb on July 31, 2021, 09:14:35 AM
well done @lifeandlimb ! major milestone :)

Thank you @Stubblestache !
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on August 01, 2021, 09:06:51 AM
                       2018                2019                2020                2021                2022               
January$6,455-$14,460$34,473-
February--$14,991$36,257-
March--$14,632$38,256-
April-$10,960$13,884$47,021-
May--$17,011$52,533-
June--$19,255$54,094-
July--$20,358$55,927-
August--$21,993$58,821-
September--$23,312--
October--$24,777--
November-$13,466$26,407--
December$9,518-$30,697--
Title: Re: Race from 10 to 100k!!
Post by: Tass on August 01, 2021, 09:58:58 AM
20172018201920202021
January$12.1k$24.7k$49.0k$76.2k
February$13.6k$27.2k$46.5k$79.0k
March$15.1k$29.3k$42.7k$82.6k
April$16.6k$31.3k$47.5k$87.3k
May$17.7k$31.5k$50.6k$88.2k
June$18.5k$33.3k$53.5k$90.3k
July$6.2k$20.2k$35.1k$58.5k$92.0k
August$6.8k$20.8k$36.7k$63.0k
September   $8.2k$22.2k$38.6k$63.2k
October$9.0k$21.7k$40.2k$62.9k
November$9.9k$22.5k$42.6k$69.9k
December$11.1k   $22.4k   $44.6k   $75.0k   

I've officially been on this forum and tracking my money for four years, and accumulated over $85k in that time - on the slow side for this forum, but very fast for the rest of the world. It's possible on a smaller paycheck!
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on August 02, 2021, 01:49:54 AM
Tracking investments, emergency fund and additional pension investments (all to be used to retire together with SO!)
(not tracking company pension investments, house value and current accounts / special project savings)

15 May 2020: EUR 17,034 (started tracking)
15 December 2020: EUR 23,325

31 January 2021: EUR 24,040
28 February 2021: EUR 25,103
31 March 2021: EUR 26,263
30 April 2021: EUR 27,109
31 May 2021: EUR 30,039
30 June 2021: EUR 30,721
31 July 2021: EUR 31,784
(2021 goal: EUR 35K)

Nice and steady increase. Next month will be a challenge since we will go on a 2 week holiday. Although we will not leave the country, there will be extra spending.....

@Tass : you will get there. I'm with you in the slow camp and we CAN do it on smaller paychecks. It is really possible! As long as we see the numbers going up, there is a win.

Title: Re: Race from 10 to 100k!!
Post by: Imma on August 02, 2021, 03:18:45 AM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October 2019: €11128.59
November 2019: €11227,46
December 2019: €11991,27
January 2020: €12576,72
February 2020: €11904,39
March 2020: €10425,32
April 2020: €11830,70
May 2020: €12154,67
June 2020: €14634,19
July 2020: €15345,09
August 2020: €16444,46
September 2020: €17108,60
October 2020: €16687,93
November 2020: €17762,62
December 2020: €19386,94
January 2021: €20649.69
February 2021: €22021,64
March 2021: €22763,55
April 2021: €23866,70
May 2021: €25689.77
June 2021: €25659.61
July 2021: €26434.48

Goals for 2021:
Savings: €10.000
Investments: €25.000

Nothing special this month. Still going in the right direction. Did spend some extra money on fun things because it's summer and I want to enjoy life for a bit. But it's not like I bought a boat or something. My splurges include buying a new bikini (a nice fitted one, not one of those cheap tie string bikini's) a few books and a new pair of boots for winter.
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on August 02, 2021, 07:11:32 AM

2018                             2019                              2020                            2021
1/31: (5949.05)              1/31: 13,493.35              1/31: 44,514                 1/31: 85,576
2/28: (5288.30)              2/28: 15,766.50              2/29: 48,891                 2/28: 86,616
3/31: (4273.93)              3/31: 19,286                   3/31: 46,104                 3/31: 94,009
4/30: (2592.07)              4/30: 19,283                   4/30: 52,720                 4/30: 96,128
5/31: (629.70)                5/31: 18,676                   5/31: 55,177                 5/31: 95,056
6/30: 1,206.77                6/30: 22,362                   6/30: 59,720                 6/30: 96,201
7/31: 2,703.97                7/31: 24,646                   7/31: 65,792
8/31: 5,651.70                8/30: 27,199                   8/31: 71,970
9/31: 8,039.01                9/31: 30,664                   9/30: 72,466
10/31: 7,803.49              10/31: 33,343                 10/31: 72,288
11/30: 9,531.28              11/30: 35,249                 11/30: 80,093
12/31: 9,296.79              12/31: 39,079                 12/31: 84,002
Gain: 15,245.84                         29,783                            44,943

7/31/2021: 97,017

Keep moving forward. We have our old house under contract to sell and will have it sold this month. At that point we should break the 100k mark!


Spread sheet is updated and ready to be filled in:
https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?usp=sharing
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on August 02, 2021, 02:10:02 PM
July 2020 - $42,207
August 2020 - $44,045
September 2020 - $44,514
October 2020 - $45,564
November 2020 - $50,152
December 2020 - $52,356
January 2021 - $53,423
February 2021 - $54,304
March 2021 - $58,321
April 2021 - $61,745
May 2021 - $62,978
June 2021 - $62,595

July 2021 - $64,082

I forgot to update last month, but I'm still chugging along slowly!
Title: Re: Race from 10 to 100k!!
Post by: Imma on August 03, 2021, 03:41:49 AM
July 2020 - $42,207
August 2020 - $44,045
September 2020 - $44,514
October 2020 - $45,564
November 2020 - $50,152
December 2020 - $52,356
January 2021 - $53,423
February 2021 - $54,304
March 2021 - $58,321
April 2021 - $61,745
May 2021 - $62,978
June 2021 - $62,595

July 2021 - $64,082

I forgot to update last month, but I'm still chugging along slowly!

You're still doing great! Slow but steady wins the race. Especially to those of us with "normal" wages, having this kind of money is life-changing. I mean, look at @Tass are you still a PhD student? How many PhD students have that kind of money? It will give you so many options even at the beginning of your career.
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on August 03, 2021, 09:38:09 AM
Student Loan Debt:

01/12/19: $43,762
05/04/20: $21,456
11/09/20: $21,456
05/04/21: $21,456
06/01/21: $21,456
07/03/21: $21,456
08/02/21: $21,456 (Loans have remained in forbearance)


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739
06/05/20: $18,006 ($7,267)
07/05/20: $8,594 (-$9,412)
08/05/20: $9,084 ($490)
09/01/20: $13,497 ($4,413)
10/01/20: $12,283 (-$1,214)
11/01/20: $15,692 ($3,409)
12/05/20: $19,528 ($3,836)
01/01/21: $21,735 ($2,207)
02/03/21: $21,870 ($135)
03/01/21: $23,417 ($1,547)
04/02/21: $33,080 ($9,663)
05/04/21: $36,424 ($3,344)
06/01/21: $39,976 ($3,552)
07/03/21: $47,349 ($7,373)
08/02/21: $52,292 ($5,044)


Happy to reach the 50K milestone and then some this past month! I should be graduated from this thread sometime around this time next year. Congratulations to everyone else that has reached major milestones this past month too!


Title: Re: Race from 10 to 100k!!
Post by: shinn497 on August 03, 2021, 01:39:28 PM
Apr 19     12500
May 19    14800
June 19   17031
July 19    20100
Aug 19    23300
Sept 19   26300
Oct 19     29300
Nov 19    30500
Dec 19    33800
Jan 20     37100
Feb 20     37100
March 20 38413
Apr 20     32000
May 20     37000
June 20    42500
July 20     46300
Aug 20     50200
Sept 20     53400
Oct 20       55700
Nov 20      62000
Dec 20      66300
Jan 21       71500
Feb 21       77000
March 21   80500
Apr 21   83500
May 21   88000
June 21 91000
July 21 95000
Aug 21 97000

Getting so close to graduating! Maybe next month but def by  october!
Title: Re: Race from 10 to 100k!!
Post by: dizzy on August 04, 2021, 12:18:32 PM
Oct 2019- $1000
Nov 2019- $2340
Dec 2019- $2779
Jan 2020- $5658
Feb 2020- $5539
Mar 2020- $5024
Apr 2020- $5444
May 2020- $8302  (wherein I finally got some of unemployment)
June 2020- $20864 (wherein I got more unemployment plus the EIDL)
mid July 2020- $31724 (got the rest of the backpay, woohoo!)
7/31/20- $33340
9/2/20- $36366
9/17/20 - $42978
10/2/20- $43800
10/31/20- $47854
11/11/20- $53709
12/23/20- $64158
1/8/21- $69542
3/23/21- $81890
4/10/21- $88405
5/2/21- $94414
7/21/21- $93777.25
8/4/21- $97766

Had a few gigs, also got a bonus unexpectedly and a promotion.  I legit have never gotten either before in my life (most of the jobs I work it's not really possible).  Seriously considering to leave one of my jobs since I am in over my head with wedding stuff/music gigs/working 6 days a week.  Hard decisions to make but grateful I have the possibility to leave something and be financially still better than ever.  I guess I won't put in my notice until at least I graduate here...two weeks fingers crossed!!!

Also excited since one of my goals is having at least $50k stashed towards tax bomb for student loans in 2035 (based on current plan/legislation).  I realized that $22000 of my investments are for that so feeling better now about quitting one job.
Title: Re: Race from 10 to 100k!!
Post by: mgardner88 on August 05, 2021, 08:52:41 AM
7/1/2020: $46,295
8/1/2020: $49,461 (+3,166)
9/1/2020: $51,488 (+2,027)
10/1/2020: $52,753 (+1,265)
11/1/2020: $53,942 (+1,189)
12/1/2020: $56,152 (+2,210)
1/8/2021: $63,512 (+7,360)
2/5/2021: $67,571 (+4,059)
3/3/2021: $70,618 (+3,047)
4/2/2021: $74,861 (+4,243)
5/5/2021: $80,447 (+5,586)
6/7/2021: $84,957 (+4,510)
7/6/2021: $90,092 (+5,135)
8/5/2021: $96,511 (+6,419)

Second highest month to date, due to the child tax credit payment we received in July. Our dog had to have emergency surgery, bill hasnt come for that yet but I expect it to take a nice chunk out of our "emergency fund". Depending on the outcome of that we might be reaching 100k by September instead. :)
Title: Re: Race from 10 to 100k!!
Post by: Tass on August 08, 2021, 09:21:16 AM
@Tass are you still a PhD student? How many PhD students have that kind of money? It will give you so many options even at the beginning of your career.

I am still a PhD student! I hope not for that much longer. I have heard a former student talked about with awe for graduating with $30k saved and I definitely smile quietly to myself when I hear that. (To be fair, that was also 15 years ago and he graduated much faster than I did.)

Aiming for FI (and having a partner on board) definitely makes me feel a lot of freedom in choosing what I want to do next. I know empirically that I don't need to make a huge paycheck, and I also know exactly how much freedom a big paycheck will buy me if I do make one.
Title: Re: Race from 10 to 100k!!
Post by: la Condessa on August 18, 2021, 09:18:57 AM
I'd like to join in, but how are most people calculating?


Our cash savings plus investments I'm actively working on include:

EF cash: $3,500

Vanguard Roth IRA: $7,517.95

Robinhood: $94.48

= $11,112.43


There's also about $44,000 in the retirement account from my husband's old job, but I usually ignore that since we won't have access to those funds until well after I hope we can retire.

And we have 529 accounts and savings accounts we are using for saving up towards being able to help our kids with college/other launching into adulthood expenses.  Those add up to over $14,000, but we won't be using any of that for our retirement.

And we have a mortgage (our only debt) at $212,000.


So are we going by total net worth or retirement savings?
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on August 19, 2021, 10:03:33 AM
I'd like to join in, but how are most people calculating?


Our cash savings plus investments I'm actively working on include:

EF cash: $3,500

Vanguard Roth IRA: $7,517.95

Robinhood: $94.48

= $11,112.43


There's also about $44,000 in the retirement account from my husband's old job, but I usually ignore that since we won't have access to those funds until well after I hope we can retire.

And we have 529 accounts and savings accounts we are using for saving up towards being able to help our kids with college/other launching into adulthood expenses.  Those add up to over $14,000, but we won't be using any of that for our retirement.

And we have a mortgage (our only debt) at $212,000.


So are we going by total net worth or retirement savings?

@la Condessa , it's really up to you :). Personally, I track our investments and savings on here, leaving out the most liquid cash.  I don't think you can go wrong tracking some aspect of your financial picture to grow to SIX FIGURES

Good luck.
Title: Re: Race from 10 to 100k!!
Post by: mgardner88 on August 19, 2021, 01:26:47 PM
I'd like to join in, but how are most people calculating?


Our cash savings plus investments I'm actively working on include:

EF cash: $3,500

Vanguard Roth IRA: $7,517.95

Robinhood: $94.48

= $11,112.43


There's also about $44,000 in the retirement account from my husband's old job, but I usually ignore that since we won't have access to those funds until well after I hope we can retire.

And we have 529 accounts and savings accounts we are using for saving up towards being able to help our kids with college/other launching into adulthood expenses.  Those add up to over $14,000, but we won't be using any of that for our retirement.

And we have a mortgage (our only debt) at $212,000.


So are we going by total net worth or retirement savings?

I calculate retirement/investments/small cash savings but I leave out home equity as we plan on staying where we are and not cashing out that equity anytime soon.
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on August 20, 2021, 10:20:43 AM
@mgardner88 @dizzy @shinn497

You all are inches from the finish line, I'm happy for you all, hopefully a congratulations will be in store for all of you next month!!
Title: Re: Race from 10 to 100k!!
Post by: Manchester on August 23, 2021, 04:41:49 AM
Had possibly my best month ever I think.

My N/W grew by £2,846.97 to a new total of £54,453.44.  I've already surpassed the total increase in my N/W in 2020 which, considering it's August feels crazy (although I can blame COVID for last year).

I got married last month, which was amazing.  Now that's out the way I was hoping to boost my savings.  But we've been very lucky and should be expecting a baby next Spring - so I guess we have a new 'thing' to save towards.  Exciting times and even though my N/W is modest compared to the majority on this forum, it's given me the platform to increase my happiness and reduce stress.  I have no financial concerns whatsoever.

Title: Re: Race from 10 to 100k!!
Post by: Trifle on August 23, 2021, 04:45:27 AM
Had possibly my best month ever I think.

My N/W grew by £2,846.97 to a new total of £54,453.44.  I've already surpassed the total increase in my N/W in 2020 which, considering it's August feels crazy (although I can blame COVID for last year).

I got married last month, which was amazing.  Now that's out the way I was hoping to boost my savings.  But we've been very lucky and should be expecting a baby next Spring - so I guess we have a new 'thing' to save towards.  Exciting times and even though my N/W is modest compared to the majority on this forum, it's given me the platform to increase my happiness and reduce stress.  I have no financial concerns whatsoever.

Fantastic update.  Congratulations @Manchester!   
Title: Re: Race from 10 to 100k!!
Post by: Manchester on August 24, 2021, 03:43:25 AM
Thank you @Trifele

It's still very early days, so I'm trying not to get too excited.  :-)
Title: Re: Race from 10 to 100k!!
Post by: Imma on August 25, 2021, 02:32:30 PM
Congratulations @Manchester , that's great news! I think you've mentioned wanting to start a family asap after marriage, I'm so happy for both of you that it happened so quickly. And I'm glad to hear you're starting this exciting new part of your life without any kind of financial stress.

I think all of us Europeans make slower progress than the members from the other side of the Atlantic, but we have to keep in mind our societies are so different. Our wages are lower but we don't have to worry as much about catastrophic life events. I'm pretty sure you're doing fantastic compared to the median of your age category in the UK. And honestly, probably compared to your parents' age category too.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on August 26, 2021, 09:17:06 AM
Congratulations @Manchester , that's great news! I think you've mentioned wanting to start a family asap after marriage, I'm so happy for both of you that it happened so quickly. And I'm glad to hear you're starting this exciting new part of your life without any kind of financial stress.

I think all of us Europeans make slower progress than the members from the other side of the Atlantic, but we have to keep in mind our societies are so different. Our wages are lower but we don't have to worry as much about catastrophic life events. I'm pretty sure you're doing fantastic compared to the median of your age category in the UK. And honestly, probably compared to your parents' age category too.

Thanks Imma!
When our original date was pushed back a year the thing we were most upset about was the delay to starting our family.  We just presumed it could take months/years of trying before it happened. 

Yes, we definitely make slower progress this side of the pond!  But we have better welfare/health services/state pensions than our US counterparts, so it's swings and roundabouts I guess. 

I don't think half of my school friends will get to a £50k N/W at any point in their lives.  They just don't have the right mentality.  Going off this link https://www.bbc.co.uk/news/uk-48759591 (https://www.bbc.co.uk/news/uk-48759591) My personal net worth is similar to an 'average family aged between 31-40'.  If I did mine and my wife's combined with house included it would be closer to families in their 50s!

So we're doing pretty well compared to average.  Let's revisit that in a year though when I find out how expensive babies are!  :D

I hope you're doing well?
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on August 28, 2021, 12:28:32 AM
July 2018: £20,385
October 2018: £24,504
January 2019: £25, 295
April 2019: £33,844
July 2019: £38,667
October 2019: £38,588
January 2020: £43,260
April  2020:  £38,094
July 2020: £49,062.35
August 2020: £50,172 just over halfway! :)
Sept 2020: £55,556
Oct 2020 : £56,42
Nov 2020: £57.565
Dec 2020 : £62,368
Jan 2021 £64,542
Feb 2021 £66,616
March 2021 £67,305
April 2021 £71,137 
May 2021 £75,325
June 2021 £73,732
July 2021 £80,163
August 2021 £82,015

September £87,420
Title: Re: Race from 10 to 100k!!
Post by: Serendip on August 28, 2021, 12:47:31 PM
Dec '17    18,146
Jan '18     23,607
Dec '18    48,380
Dec '19    60,746
Jan '20     63,186
May '20    62,300
June '20   63,000
July '20    58,562
Oct '20     60,900

Dec '20   62,900
Jan '21    65,400
Feb '21    67,600
Mar '21    68,750
Apr '21    72,858
May '21   75,068
June '21  77,013
July '21   79,020
Aug '21   82,801

Over 80k! (and also managed to pay off a small line of credit this month :) ) I will have to curb savings for the next few months in order to catch up on tax instalments but feels great to get to a new milestone.
Title: Re: Race from 10 to 100k!!
Post by: Serendip on August 28, 2021, 12:52:19 PM
I think all of us Europeans make slower progress than the members from the other side of the Atlantic
Even comparing on one side of the ocean allows for vast differences.


Yes, and there are even significant differences between us in North America since most Canadians don't have to worry as much about health-care costs (but likely have a different tax situation in orders to compensate for that)

 
Title: Re: Race from 10 to 100k!!
Post by: triple7stash on August 29, 2021, 07:04:17 PM
Tracking investing in SPN (which doesn't include roth)

12/28/2020 - $62,783
1/28/2021 - $67,335.21
2/28/2021 - $69,404
3/28/2021 - $71,869
4/28/2021 - $77,861
5/31/2021 - $79,885
6/30/2021 - $82,843
7/28/2021 - $85,130
8/29/2021 - $87,558
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on August 30, 2021, 07:35:23 AM
                       2018                2019                2020                2021                2022               
January$6,455-$14,460$34,473-
February--$14,991$36,257-
March--$14,632$38,256-
April-$10,960$13,884$47,021-
May--$17,011$52,533-
June--$19,255$54,094-
July--$20,358$55,927-
August--$21,993$58,821-
September--$23,312$67,274-
October--$24,777--
November-$13,466$26,407--
December$9,518-$30,697--

Feels a bit unreal...
Title: Re: Race from 10 to 100k!!
Post by: Imma on August 30, 2021, 01:04:16 PM
Congratulations @Manchester , that's great news! I think you've mentioned wanting to start a family asap after marriage, I'm so happy for both of you that it happened so quickly. And I'm glad to hear you're starting this exciting new part of your life without any kind of financial stress.

I think all of us Europeans make slower progress than the members from the other side of the Atlantic, but we have to keep in mind our societies are so different. Our wages are lower but we don't have to worry as much about catastrophic life events. I'm pretty sure you're doing fantastic compared to the median of your age category in the UK. And honestly, probably compared to your parents' age category too.

Thanks Imma!
When our original date was pushed back a year the thing we were most upset about was the delay to starting our family.  We just presumed it could take months/years of trying before it happened. 

Yes, we definitely make slower progress this side of the pond!  But we have better welfare/health services/state pensions than our US counterparts, so it's swings and roundabouts I guess. 

I don't think half of my school friends will get to a £50k N/W at any point in their lives.  They just don't have the right mentality.  Going off this link https://www.bbc.co.uk/news/uk-48759591 (https://www.bbc.co.uk/news/uk-48759591) My personal net worth is similar to an 'average family aged between 31-40'.  If I did mine and my wife's combined with house included it would be closer to families in their 50s!

So we're doing pretty well compared to average.  Let's revisit that in a year though when I find out how expensive babies are!  :D

I hope you're doing well?

Yes, I'm certainly doing well! A bit of pandemic fatigue like everyone else I suppose. The pandemic forced me to change careers, but I started a much better paid job with much better benefits about a year ago. It also turns out I have more a natural talent for this type of job than for my previous work, which was a pleasant surprise. I've been working non-stop since then and I could use a few weeks off right now.

With all the insecurities in the world, I'm glad I followed the "sensible" path and built up some net-worth early in life. We lived a sort-of boring life in our 20s, but we are pretty much "rich" in our 30s now. I have a degree but I took evening classes while working instead of the normal university experience. I borrowed some money to pay tuition and books but when I got my degree my student loan was €4500. We bought a former council home when I was 24. It wasn't fancy but we owned it. Our income has tripled since we bought it and the value has more than doubled and recently we've been able to save a lot. We're in the richest 25% in our age category and that's without inherited wealth or excessive salaries. 2021 will be the first year we're going to have an above-average income.

We didn't do any work on our home when we bought it, except for painting, but we are going to do it up next year. And we're going to loan money for it. Hold your facepunches until you've finished reading. It hasn't been upgraded since 1980 and stuff has stopped working and we're getting leaks etc. So it's necessary. And our bank is willing to loan us the money at 0,9%. So we're getting a nice new bathroom and kitchen and an extension, and we'll upgrade the insulation significantly so our energy use will go down by at least half. Bank was willing to give us about €300.000 based on income and LTV but we thought that was a bit excessive for a two-up two-down :) .

A few years ago I would never have taken on a debt to make my house more "fancy". But this debt is practically free, we're pretty terrible at DIY and we both work a LOT. So we could get a cheap Ikea kitchen and install it ourselves and it would cost almost nothing, but the result would also be terrible and wonky and "just good enough". We're still not planning on getting gold taps and marble floors but everything will be nice-looking, durable and professionally installed. And we'll probably end up richer afterwards because the value will go up more than our mortgage. Building wealth is not just about being sensible but also about being smart with money.

I hope everything is going well with the pregnancy! I'm sure financially you'll do fine even with a baby. From what I've heard from friends, the newborn stage isn't that expensive, although I suppose that does depend on cost of childcare. That would probably be the main expensive. I don't know how parental leave works there, in my country it can be quite expensive, but you've got enough money saved so that won't be an issue.

One more day left in August so numbers will be updated tomorrow. 
Title: Re: Race from 10 to 100k!!
Post by: Imma on August 31, 2021, 11:31:11 AM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October 2019: €11128.59
November 2019: €11227,46
December 2019: €11991,27
January 2020: €12576,72
February 2020: €11904,39
March 2020: €10425,32
April 2020: €11830,70
May 2020: €12154,67
June 2020: €14634,19
July 2020: €15345,09
August 2020: €16444,46
September 2020: €17108,60
October 2020: €16687,93
November 2020: €17762,62
December 2020: €19386,94
January 2021: €20649.69
February 2021: €22021,64
March 2021: €22763,55
April 2021: €23866,70
May 2021: €25689.77
June 2021: €25659.61
July 2021: €26434.48
August 2021: €28512.33

Goals for 2021:
Savings: €10.000
Investments: €25.000

Another month, another small step in the right direction!
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on August 31, 2021, 01:30:18 PM
August 2020 - $44,045
September 2020 - $44,514
October 2020 - $45,564
November 2020 - $50,152
December 2020 - $52,356
January 2021 - $53,423
February 2021 - $54,304
March 2021 - $58,321
April 2021 - $61,745
May 2021 - $62,978
June 2021 - $62,595
July 2021 - $64,082

August 2021 - $66,248

Same - Imma!  Just small steps forward over here too, as always.  I only managed to save about $50 in cash, but my 401K took a nice jump from the market. 
Title: Re: Race from 10 to 100k!!
Post by: mountain mustache on August 31, 2021, 08:39:04 PM
10/02/2020- $14835.83
11/13/2020- $16110.56
12/11/2020- $16675.72
01/08/2021- $19310.15
01/22/2021- $20533.24
02/05/2021- $21534.62
03/08/2021- $23372.12
04/02/2021- $26218.04
05/01/2021- $29057.55
06/01/2021- $30095.43


08/30/2021- $31209.00

It's been a while. I haven't had much to update as my expenses have been higher than normal with therapy, PT and going back to school/paying for classes. Still managing to creep up a tiny bit thanks to 401K

Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on September 01, 2021, 02:52:46 AM
Tracking investments, emergency fund and additional pension investments (all to be used to retire together with SO!)
(not tracking company pension investments, house value and current accounts / special project savings)

15 May 2020: EUR 17,034 (started tracking)
15 December 2020: EUR 23,325

31 January 2021: EUR 24,040
28 February 2021: EUR 25,103
31 March 2021: EUR 26,263
30 April 2021: EUR 27,109
31 May 2021: EUR 30,039
30 June 2021: EUR 30,721
31 July 2021: EUR 31,784
31 August 2021: EUR 31,331
(2021 goal: EUR 35K)

As expected, our holiday and the back to school expenses of the kids took a little bite out of the stash, but not as much as I was expecting (thanks to markets....). Still on track to my 2021 goal!
Title: Re: Race from 10 to 100k!!
Post by: lifeandlimb on September 01, 2021, 08:26:59 AM
Dec 2019 $7,548   
Jan 2020 $7,379   
Feb 2020 $7,983   
Mar 2020 $11,952   
Apr 2020 $20,078   
May 2020 $27,255   
June 2020 $29,933   
July 2020 $28,764   
Aug 2020 $28,618   
Sept 2020 $28,864   
Oct 2020 $27,434   
Nov 2020 $39,641   
Dec 2020 $39,169   
Jan 2021 $42,748   
Feb 2021 $43,215   
Mar 2021 $45,100   
Apr 2021 $48,171   
May 2021 $49,227
June 2021 $49,484
July 2021 $49,142
Aug 2021 $54,479
Sep 2021 $54,644

A bit of a spendy month, but good memories were made. A couple paychecks were late this past month but should come through in September. I hope everyone had a good summer! I'm very much looking forward to fall and cooler temps.
Title: Re: Race from 10 to 100k!!
Post by: bcbaseballman on September 02, 2021, 08:22:54 AM

2018                             2019                              2020                            2021
1/31: (5949.05)              1/31: 13,493.35              1/31: 44,514                 1/31: 85,576
2/28: (5288.30)              2/28: 15,766.50              2/29: 48,891                 2/28: 86,616
3/31: (4273.93)              3/31: 19,286                   3/31: 46,104                 3/31: 94,009
4/30: (2592.07)              4/30: 19,283                   4/30: 52,720                 4/30: 96,128
5/31: (629.70)                5/31: 18,676                   5/31: 55,177                 5/31: 95,056
6/30: 1,206.77                6/30: 22,362                   6/30: 59,720                 6/30: 96,201
7/31: 2,703.97                7/31: 24,646                   7/31: 65,792                 7/31: 97,017
8/31: 5,651.70                8/30: 27,199                   8/31: 71,970
9/31: 8,039.01                9/31: 30,664                   9/30: 72,466
10/31: 7,803.49              10/31: 33,343                 10/31: 72,288
11/30: 9,531.28              11/30: 35,249                 11/30: 80,093
12/31: 9,296.79              12/31: 39,079                 12/31: 84,002
Gain: 15,245.84                         29,783                            44,943

8/31/2021: 133,097

I sold my pervious house for allot more than what I was expecting to get out of it. Have the new house in the refinance process to cover the construction loans needed to update it.
Now it is time to build my EF back up as allot of it was used on the updating of the new house.
Looking forward to keep this progress going. Good luck everyone and see you in the next thread!

Title: Re: Race from 10 to 100k!!
Post by: regenaeb on September 02, 2021, 10:57:03 AM
11/30/20 - SEP Balance $ 15524.45 + Roth $ 1770.76 - Student loan balance $ 6897.45 = $ 10,397.76
12/30/20 - SEP Balance $ 16106.09 + Roth $ 1813.94 - Student loan balance $ 6306.71 = $ 11,613.32

01/29/21 - SEP + Roth $ 20,139.02 - Student loan balance $ 5,316.32 = $ 14,822.70
02/28/21 - SEP + Roth $ 21,680.41 - Student loan balance $ 4,000.15 = $ 17,680.26
03/31/21 - SEP + Roth $ 22,823.38 - Student loan balance $ 2,994.55 = $ 19,828.83
04/27/21 - SEP + Roth $ 24,365.29 - Student loan balance $ 1,699.29 = $ 22,666.00
05/31/21 - SEP + Roth $ 25,063.59 - Student loan balance $ 0 = $ 25,063.59 - Student loan is paid off!!!
8/21/21 - SEP + Roth $ 27,113.71

I am back. I took a break this summer from reporting because we had some headaches/repairs to deal with on our FL house. All in all ended up spending just under $20k on needed repairs to the house, lawn and tree maintenance. We have pretty much replaced/fixed every large ticket item in the FL house as this point, so unless one of those trees falls on the house and takes out the roof, I am hopeful we will be in the clear for the rest of the year.

It is now the beginning of September so we are moving on and looking forward to putting money in savings/retirement accounts again. Thank God for rental house emergency funds or we would have been sunk. Now to fill it back up.
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on September 02, 2021, 01:52:03 PM
Student Loan Debt:

01/12/19: $43,762
05/04/20: $21,456
11/09/20: $21,456
05/04/21: $21,456
06/01/21: $21,456
07/03/21: $21,456
08/02/21: $21,456
09/02/21: $21,456 (Loans have remained in forbearance)


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739
06/05/20: $18,006 ($7,267)
07/05/20: $8,594 (-$9,412)
08/05/20: $9,084 ($490)
09/01/20: $13,497 ($4,413)
10/01/20: $12,283 (-$1,214)
11/01/20: $15,692 ($3,409)
12/05/20: $19,528 ($3,836)
01/01/21: $21,735 ($2,207)
02/03/21: $21,870 ($135)
03/01/21: $23,417 ($1,547)
04/02/21: $33,080 ($9,663)
05/04/21: $36,424 ($3,344)
06/01/21: $39,976 ($3,552)
07/03/21: $47,349 ($7,373)
08/02/21: $52,292 ($5,044)
09/02/21: $57,319 ($5,027)

3 months in a row of net worth increases over $5,000, feels like I'm making some serious progress!
Title: Re: Race from 10 to 100k!!
Post by: mgardner88 on September 03, 2021, 09:33:05 AM
7/1/2020: $46,295
8/1/2020: $49,461 (+3,166)
9/1/2020: $51,488 (+2,027)
10/1/2020: $52,753 (+1,265)
11/1/2020: $53,942 (+1,189)
12/1/2020: $56,152 (+2,210)
1/8/2021: $63,512 (+7,360)
2/5/2021: $67,571 (+4,059)
3/3/2021: $70,618 (+3,047)
4/2/2021: $74,861 (+4,243)
5/5/2021: $80,447 (+5,586)
6/7/2021: $84,957 (+4,510)
7/6/2021: $90,092 (+5,135)
8/5/2021: $96,511 (+6,419)
9/3/2021: $98,221 (+1,710)

Wow this month has been really hard. Our dogs surgery came out to be way more than anticipated due to lingering infection. Back to school costs. Then our car died, cracked engine block. Juggling multiple quarantines since our kids went back to school three weeks ago. I am just glad I was in the positive this month.
Title: Re: Race from 10 to 100k!!
Post by: Tass on September 05, 2021, 09:36:00 AM
20172018201920202021
January$12.1k$24.7k$49.0k$76.2k
February$13.6k$27.2k$46.5k$79.0k
March$15.1k$29.3k$42.7k$82.6k
April$16.6k$31.3k$47.5k$87.3k
May$17.7k$31.5k$50.6k$88.2k
June$18.5k$33.3k$53.5k$90.3k
July$6.2k$20.2k$35.1k$58.5k$92.0k
August$6.8k$20.8k$36.7k$63.0k$94.4k
September   $8.2k$22.2k$38.6k$63.2k
October$9.0k$21.7k$40.2k$62.9k
November$9.9k$22.5k$42.6k$69.9k
December$11.1k   $22.4k   $44.6k   $75.0k   

Currently projecting $35 short of $100k at the end of this year, lol.
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on September 07, 2021, 04:34:56 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-   137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)
01/05/2021: 50.942,27 € (+   714,52 €)
01/06/2021: 45.969,23 € (- 4.973,04 €)
01/07/2021: 47.887,98 € (+1.918,75 €)
01/08/2021: 50.361,49 € (+2.473,51 €)

01/09/2021: 55.538,44 € (+5.176,95 €)

Forgot to update last month. Spending was higher than average in July and August due to vacation and summer spending, as it always seems to be. NW still went up a lot, mostly because of markets and BTC recovering.
Title: Re: Race from 10 to 100k!!
Post by: dizzy on September 07, 2021, 12:45:10 PM
Holy shiz I am graduating from this thread!  Less than 2 years, went from $0 to over $100k.  I started with ~$30k income (which was an outlier, I'd made $20k a year or less the rest of my life).  Last year I made $43k before taxes, this year should be closer to $50k I think.  Adulting so hard just as 40 comes up (I opened up my first IRA on my 38th birthday...this year hit $100k by it and also I will get married 5 days later)

Definitely doing all my "bank robberies" (various bank and credit card and rando bonuses) and following a good investment plan (lil controversial to some here, definitely not that VTI only shiz, but it works for me...I'm well diversified so I SWAN) got me here.

Oct 2019- $1000
Nov 2019- $2340
Dec 2019- $2779
Jan 2020- $5658
Feb 2020- $5539
Mar 2020- $5024
Apr 2020- $5444
May 2020- $8302  (wherein I finally got some of unemployment)
June 2020- $20864 (wherein I got more unemployment plus the EIDL)
mid July 2020- $31724 (got the rest of the backpay, woohoo!)
7/31/20- $33340
9/2/20- $36366
9/17/20 - $42978
10/2/20- $43800
10/31/20- $47854
11/11/20- $53709
12/23/20- $64158
1/8/21- $69542
3/23/21- $81890
4/10/21- $88405
5/2/21- $94414
7/21/21- $93777.25
8/4/21- $97766
9/7/21- $101,806

On to the next thread and maybe will start a new one here which is goal of $50k in taxable/savings accounts, to pay off my student loan tax bomb if that's ever due (based on current projections)
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on September 11, 2021, 06:45:03 AM

Our Investments and Savings (not including checking accounts)

9/28/18  - $22,949
10/28/18 - $23,952
11/28/18 - $27,878
1/28/19 - $28,853
2/28/19 - $31,682
3/28/19 - $32,684
4/28/19 - $35,011
5/28/19 - $35,838
6/28/19 - $38,276
7/28/19 - $40,607
8/28/19 - $40,508
9/28/19 - $42,168
10/28/19 -$42,209
11/28/19 - $44,478
12/28/19 -$46,408
1/28/20 - $49,115
2/28/20 - $50,466
3/28/20 - $48,609
4/28/20 - $55,026
5/28/20 - $59,256
6/28/20 - $60,807
7/28/20 - $64,342
8/28/20 - $65,454
9/28/20 -  $65,495
10/28/20 - $67,282
11/28/20 - $70,737
12/28/20 - $72,895
1/28/21 - $79,429
2/28/21 - $83,727
3/28/21 - $88,303
4/28/21 - $91,120
5/28/21 - $93,394
6/28/21 - $96,779
7/28/21 - $99,024
8/28/21 - $101,830
9/11/21 - $101,999

Thanks everybody for the positive vibes and support.
Onward  to the next thread...
Title: Re: Race from 10 to 100k!!
Post by: Trifle on September 11, 2021, 08:04:04 AM
Congrats @dizzy and @DieHard_772!!   
Title: Re: Race from 10 to 100k!!
Post by: TerrierTown on September 16, 2021, 02:31:19 PM
01 Jun 2019 NW £44,112
01 Jul 2019 NW £46,737  (+£2,625)
02 Apr 2020 NW £61,865 (+£15,128)
15 Aug 2020 NW £73,912 (+£12,047)
15 Dec 2020 NW £80,781 (+£6,869)
17 Jan 2021 NW £83,923 (+£3,142)
17 Feb 2021 NW £86,418 (+£2,495)
17 Mar 2021 NW £89,618 (+£3,200)
16 Jun 2021 NW £94,039 (+£4,421)
16 Sep 2021 NW £97,382 (+£3,343)

Slow progress! Bought the rest of the shares in my house and travelled. Unfortunately had to quarantine in a quarantine hotel on my return to the UK. Cost of quarantine £2,280. Progress feels really disappointing at the moment.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on September 22, 2021, 05:54:18 AM
My N/W grew by £2,846.97 to a new total of £54,453.44.  I've already surpassed the total increase in my N/W in 2020 which, considering it's August feels crazy (although I can blame COVID for last year).

Another month in the right direction despite my investments not performing up to their recent high standards.

My N/W grew by £1,721.56 to a new total of £56,175.

3 more updates to go this year.  I should pass my target of £60k by 31/12/21. 
Title: Re: Race from 10 to 100k!!
Post by: Serendip on September 28, 2021, 12:57:43 PM
Dec '17    18,146
Jan '18     23,607
Dec '18    48,380
Dec '19    60,746
Jan '20     63,186
May '20    62,300
June '20   63,000
July '20    58,562
Oct '20     60,900

Dec '20   62,900
Jan '21    65,400
Feb '21    67,600
Mar '21    68,750
Apr '21    72,858
May '21   75,068
June '21  77,013
July '21   79,020
Aug '21   82,801
Sept '21 81,077

First drop in a while but I paid a tax instalment of $1000, some investments went downhill, had an unexpected brake failure ($1000 fix) and bought a ski pass (an anticipated yearly event but still a good chunk of change)..so not too surprising.

Will aim to cut spending the last few months of 2021 so that I can continue paying my tax instalments in a timely manner and hopefully grow savings a bit too before year-end. Would love to end the year above $85,000.
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on September 30, 2021, 03:21:35 AM
July 2018: £20,385
October 2018: £24,504
January 2019: £25, 295
April 2019: £33,844
July 2019: £38,667
October 2019: £38,588
January 2020: £43,260
April  2020:  £38,094
July 2020: £49,062.35
August 2020: £50,172 just over halfway! :)
Sept 2020: £55,556
Oct 2020 : £56,42
Nov 2020: £57.565
Dec 2020 : £62,368
Jan 2021 £64,542
Feb 2021 £66,616
March 2021 £67,305
April 2021 £71,137
May 2021 £75,325
June 2021 £73,732
July 2021 £80,163
August 2021 £82,015
September 2021 £87,420

October 2021 £87,902 yikes, markets were bad in September.
Title: Re: Race from 10 to 100k!!
Post by: triple7stash on September 30, 2021, 09:44:15 AM
Tracking investing in SPN (which doesn't include roth)

12/28/2020 - $62,783
1/28/2021 - $67,335.21
2/28/2021 - $69,404
3/28/2021 - $71,869
4/28/2021 - $77,861
5/31/2021 - $79,885
6/30/2021 - $82,843
7/28/2021 - $85,130
8/29/2021 - $87,558
9/30/2021 - $87,127
Title: Re: Race from 10 to 100k!!
Post by: Tass on September 30, 2021, 10:28:48 AM
20172018201920202021
January$12.1k$24.7k$49.0k$76.2k
February$13.6k$27.2k$46.5k$79.0k
March$15.1k$29.3k$42.7k$82.6k
April$16.6k$31.3k$47.5k$87.3k
May$17.7k$31.5k$50.6k$88.2k
June$18.5k$33.3k$53.5k$90.3k
July$6.2k$20.2k$35.1k$58.5k$92.0k
August$6.8k$20.8k$36.7k$63.0k$94.4k
September   $8.2k$22.2k$38.6k$63.2k$93.1k
October$9.0k$21.7k$40.2k$62.9k
November$9.9k$22.5k$42.6k$69.9k
December$11.1k   $22.4k   $44.6k   $75.0k   

Looks like I'm hanging out in the 90s a little longer.
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on October 01, 2021, 12:17:41 AM
                       2018                2019                2020                2021                2022               
January$6,455-$14,460$34,473-
February--$14,991$36,257-
March--$14,632$38,256-
April-$10,960$13,884$47,021-
May--$17,011$52,533-
June--$19,255$54,094-
July--$20,358$55,927-
August--$21,993$58,821-
September--$23,312$67,274-
October--$24,777$67,897-
November-$13,466$26,407--
December$9,518-$30,697--

Last month I said "Feels a bit unreal..." I feel better now, even if I did only have $623 growth in the funds. (with nearly $2k in additional funding) At least I'm buying in again at June's prices?
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on October 01, 2021, 03:08:21 AM
Tracking investments, emergency fund and additional pension investments (all to be used to retire together with SO!)
(not tracking company pension investments, house value and current accounts / special project savings)

15 May 2020: EUR 17,034 (started tracking)
15 December 2020: EUR 23,325

31 January 2021: EUR 24,040
28 February 2021: EUR 25,103
31 March 2021: EUR 26,263
30 April 2021: EUR 27,109
31 May 2021: EUR 30,039
30 June 2021: EUR 30,721
31 July 2021: EUR 31,784
31 August 2021: EUR 31,331
30 September 2021: EUR 31,508
(2021 goal: EUR 35K)

Tiny.....tiny.....tiny...... but still an increase this month. Feels a bit disappointing, since I did my normal contributions and these are more than this increase. But hey, this is how markets work. Only 3 months to go for this year. Hopefully I can still make the goal!

Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on October 01, 2021, 05:42:04 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-   137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)
01/05/2021: 50.942,27 € (+   714,52 €)
01/06/2021: 45.969,23 € (- 4.973,04 €)
01/07/2021: 47.887,98 € (+1.918,75 €)
01/08/2021: 50.361,49 € (+2.473,51 €)
01/09/2021: 55.538,44 € (+5.176,95 €)

01/10/2021: 55.405,64 € (-132,80 €)

Savings were roughly 850 €, the downturn happened due to stockmarket.

My basement was broken into and my two bikes were stolen. On top of that they (him/her?) also stole my biking shoes, lights, helmet and even the tire pump. My girlfriends bike, my skis and some other non-valuable stuff was left, so I guess it was just one person and he/her couldn't carry more than two bikes.

In true mustachian fashion I self insured, because I don't have many valuable possession. So sadly on that front I got unlucky and household insurance would have been the better option. Hindsight is 20/20 though. I got a pretty basic Fixie bike as a replacement to get around, but will eventually need to replace my gravel bike. This especially hurts as I got my old one on ebay for fairly cheap and prices on ebay have nearly doubled here recently. It is near impossible to buy new bikes, because all vendors are out of stock due to supply chain issues and way more people showing interest in biking due to the corona crisis. So I either swallow the pill and get an equal replacement for way more than I originally paid on ebay, get a cheaper but worse replacement on ebay, or just wait until prices come down again but don't get to ride in the meantime.
Title: Re: Race from 10 to 100k!!
Post by: regenaeb on October 01, 2021, 08:24:03 AM
11/30/20 - SEP Balance $ 15524.45 + Roth $ 1770.76 - Student loan balance $ 6897.45 = $ 10,397.76
12/30/20 - SEP Balance $ 16106.09 + Roth $ 1813.94 - Student loan balance $ 6306.71 = $ 11,613.32
01/29/21 - SEP + Roth $ 20,139.02 - Student loan balance $ 5,316.32 = $ 14,822.70
02/28/21 - SEP + Roth $ 21,680.41 - Student loan balance $ 4,000.15 = $ 17,680.26
03/31/21 - SEP + Roth $ 22,823.38 - Student loan balance $ 2,994.55 = $ 19,828.83
04/27/21 - SEP + Roth $ 24,365.29 - Student loan balance $ 1,699.29 = $ 22,666.00
05/31/21 - SEP + Roth $ 25,063.59 - Student loan balance $ 0 = $ 25,063.59 - Student loan is paid off!!!
8/21/21 - SEP + Roth $ 27,113.71
9/30/21 - SEP + Roth $ 27,063.71

I added $1000 this month to my SEP, but due to market flux, I look like I have a loss. But I am in this for the long game, so I know this month I bought these funds on sale, just keep buying.
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on October 01, 2021, 10:55:10 AM
Student Loan Debt:

01/12/19: $43,762
05/04/20: $21,456
11/09/20: $21,456
05/04/21: $21,456
06/01/21: $21,456
07/03/21: $21,456
08/02/21: $21,456
09/02/21: $21,456
10/01/21: $21,456 (Loans have remained in forbearance)


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739
06/05/20: $18,006 ($7,267)
07/05/20: $8,594 (-$9,412)
08/05/20: $9,084 ($490)
09/01/20: $13,497 ($4,413)
10/01/20: $12,283 (-$1,214)
11/01/20: $15,692 ($3,409)
12/05/20: $19,528 ($3,836)
01/01/21: $21,735 ($2,207)
02/03/21: $21,870 ($135)
03/01/21: $23,417 ($1,547)
04/02/21: $33,080 ($9,663)
05/04/21: $36,424 ($3,344)
06/01/21: $39,976 ($3,552)
07/03/21: $47,349 ($7,373)
08/02/21: $52,292 ($5,044)
09/02/21: $57,319 ($5,027)
10/01/21: $58,555 ($1,236)

Happy with the increase, had some unexpected expenses this past month in addition to the market downturn. Excited to be able to buy stocks at a reduced price in the coming weeks!
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on October 01, 2021, 01:55:18 PM
September 2020 - $44,514
October 2020 - $45,564
November 2020 - $50,152
December 2020 - $52,356
January 2021 - $53,423
February 2021 - $54,304
March 2021 - $58,321
April 2021 - $61,745
May 2021 - $62,978
June 2021 - $62,595
July 2021 - $64,082
August 2021 - $66,248

September 2021 - $64,221

Whomp-whomp.  Thanks, stock market.  Oh well - just another month!
Title: Re: Race from 10 to 100k!!
Post by: Imma on October 02, 2021, 05:13:11 AM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October 2019: €11128.59
November 2019: €11227,46
December 2019: €11991,27
January 2020: €12576,72
February 2020: €11904,39
March 2020: €10425,32
April 2020: €11830,70
May 2020: €12154,67
June 2020: €14634,19
July 2020: €15345,09
August 2020: €16444,46
September 2020: €17108,60
October 2020: €16687,93
November 2020: €17762,62
December 2020: €19386,94
January 2021: €20649.69
February 2021: €22021,64
March 2021: €22763,55
April 2021: €23866,70
May 2021: €25689.77
June 2021: €25659.61
July 2021: €26434.48
August 2021: €28512.33
September 2021: €29243.37

Goals for 2021:
Savings: €10.000
Investments: €25.000

Seems I'm one of the few people still moving up instead of down! It's because I hold a relatively large amount of my NW in savings - about 25% right now. This year's goal was increasing my savings, as well as investing my regular amounts every month.  Last Christmas we decided that we needed to save up more cash in 2021 - we were still in the middle of the second wave then, we were both on short-term job contracts and our home needed some repairs. So we did. I'm glad we did even though we may have missed out on some gains. It gives us great peace of mind to know we could still cope with a major home repair or something even if we both lost our jobs somehow.

I still feel uncertain about a lot of things now. Energy has become extremely expensive. Right now we pay €73/month and we usually get a small refund at the end of the year. Our current contract runs out in February and I just looked up current pricing. The cheapest price I could find for a new contract is €125/month. We can still easily afford that, but if we have a cold winter, it will probably be even more expensive in February. We could still afford it even if the prices tripled but I'd rather not pay that. We aren't really experiencing empty shelves in my corner of the world but we are slowly filling up our pantry again just in case. We're not hoarding, just buying one extra bag of flour or vegetables at a time.
Title: Re: Race from 10 to 100k!!
Post by: lifeandlimb on October 02, 2021, 10:09:00 AM
Dec 2019 $7,548   
Jan 2020 $7,379   
Feb 2020 $7,983   
Mar 2020 $11,952   
Apr 2020 $20,078   
May 2020 $27,255   
June 2020 $29,933   
July 2020 $28,764   
Aug 2020 $28,618   
Sept 2020 $28,864   
Oct 2020 $27,434   
Nov 2020 $39,641   
Dec 2020 $39,169   
Jan 2021 $42,748   
Feb 2021 $43,215   
Mar 2021 $45,100   
Apr 2021 $48,171   
May 2021 $49,227
June 2021 $49,484
July 2021 $49,142
Aug 2021 $54,479
Sep 2021 $54,644
Oct 2021 $49,328

Went on vacation and spent $$! Looks like the market downturn got some other people, too. At least two significant paychecks, late due to an error, are finally coming in this month.
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on October 03, 2021, 06:47:11 AM

Went on vacation and spent $$! Looks like the market downturn got some other people, too. At least two significant paychecks, late due to an error, are finally coming in this month.

@lifeandlimb @LittleWanderer  Haha, yep September stock market blues hit me too. Appreciating the shared experience here

Way to make progress @Imma
Title: Re: Race from 10 to 100k!!
Post by: MommyCake on October 07, 2021, 09:13:42 AM
It has been way too long since I have kept track of things on here....  Seeing it in black and white is making me realize I am holding way too much in cash.  Three years since my last post and I'm still not over 100k in investments.....

Investments only:

9/4/18     73,600
10/4/18   75,950
11/7/18   75,960
10/7/21   96,760
Title: Re: Race from 10 to 100k!!
Post by: mgardner88 on October 08, 2021, 08:59:55 AM
7/1/2020: $46,295
8/1/2020: $49,461 (+3,166)
9/1/2020: $51,488 (+2,027)
10/1/2020: $52,753 (+1,265)
11/1/2020: $53,942 (+1,189)
12/1/2020: $56,152 (+2,210)
1/8/2021: $63,512 (+7,360)
2/5/2021: $67,571 (+4,059)
3/3/2021: $70,618 (+3,047)
4/2/2021: $74,861 (+4,243)
5/5/2021: $80,447 (+5,586)
6/7/2021: $84,957 (+4,510)
7/6/2021: $90,092 (+5,135)
8/5/2021: $96,511 (+6,419)
9/3/2021: $98,221 (+1,710)
10/8/2021: $101,351 (+3,130)

Despite the stock market not performing well I have still made it over 100k! Right in line with my goal, see you all on the next thread soon!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on October 10, 2021, 06:02:28 AM
7/1/2020: $46,295
8/1/2020: $49,461 (+3,166)
9/1/2020: $51,488 (+2,027)
10/1/2020: $52,753 (+1,265)
11/1/2020: $53,942 (+1,189)
12/1/2020: $56,152 (+2,210)
1/8/2021: $63,512 (+7,360)
2/5/2021: $67,571 (+4,059)
3/3/2021: $70,618 (+3,047)
4/2/2021: $74,861 (+4,243)
5/5/2021: $80,447 (+5,586)
6/7/2021: $84,957 (+4,510)
7/6/2021: $90,092 (+5,135)
8/5/2021: $96,511 (+6,419)
9/3/2021: $98,221 (+1,710)
10/8/2021: $101,351 (+3,130)

Despite the stock market not performing well I have still made it over 100k! Right in line with my goal, see you all on the next thread soon!

Woohoo!!  Congratulations and well done @mgardner88 !
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on October 10, 2021, 08:03:33 AM
I've been a little absent since June but still saving!

Tracking full net worth

EOY 12.2016 - (-£10,250)
EOY 12.2017 - £4,360
EOY 12.2018 - £40,620
EOY 12.2019 - £62,523
EOY 12.2020 - £82,420
01.2021 - £84,647 (+2,227)
02.2021 - £86,456 (+1,809)
03.2021 - £88,885 (+2,429)
04.2021 - £90,615 (+1,730)
05.2021 - £91,865 (+1,250)
06.2021 - £93,664 (+1,799)
07.2021 - £95,459 (+1,795)
08.2021 - £97,223 (+1,764)
09.2021 - £99,228 (+2,005)
10.2021 - £100,008 (+780) - Sneaked just over the £100K milestone!!

I started the race to £10K in Aug 2016 and I hit £10K 18 months later in Apr 2018 from a starting net worth of -£13K. It took me 3.5 years to save up to £100K! Along the way I paid off my student loan completely (last payment was August just gone!), moved across the country, bought a flat, went from single to a relationship, to engaged, through a large pay cut at the height of the pandemic last year and handling various other life problems.

Thanks to all on the forum, I've been more of a lurker in this thread but I always enjoyed reading everyone's progress :). See you all in the race to £250K!
Title: Re: Race from 10 to 100k!!
Post by: mgardner88 on October 11, 2021, 08:38:40 AM
7/1/2020: $46,295
8/1/2020: $49,461 (+3,166)
9/1/2020: $51,488 (+2,027)
10/1/2020: $52,753 (+1,265)
11/1/2020: $53,942 (+1,189)
12/1/2020: $56,152 (+2,210)
1/8/2021: $63,512 (+7,360)
2/5/2021: $67,571 (+4,059)
3/3/2021: $70,618 (+3,047)
4/2/2021: $74,861 (+4,243)
5/5/2021: $80,447 (+5,586)
6/7/2021: $84,957 (+4,510)
7/6/2021: $90,092 (+5,135)
8/5/2021: $96,511 (+6,419)
9/3/2021: $98,221 (+1,710)
10/8/2021: $101,351 (+3,130)

Despite the stock market not performing well I have still made it over 100k! Right in line with my goal, see you all on the next thread soon!

Woohoo!!  Congratulations and well done @mgardner88 !

Thank you!!!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on October 11, 2021, 05:23:09 PM
Congratulations @Slanhirn!!  On to the next thread!  You’re entering the really fun part, where it goes faster and faster. 
Title: Re: Race from 10 to 100k!!
Post by: Manchester on October 12, 2021, 05:18:02 AM
Congrats @mgardner88 and @Slanhirn - all the best in the next thread.  Go and smash it.

Title: Re: Race from 10 to 100k!!
Post by: Manchester on October 12, 2021, 05:21:16 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-   137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)
01/05/2021: 50.942,27 € (+   714,52 €)
01/06/2021: 45.969,23 € (- 4.973,04 €)
01/07/2021: 47.887,98 € (+1.918,75 €)
01/08/2021: 50.361,49 € (+2.473,51 €)
01/09/2021: 55.538,44 € (+5.176,95 €)

01/10/2021: 55.405,64 € (-132,80 €)

Savings were roughly 850 €, the downturn happened due to stockmarket.

My basement was broken into and my two bikes were stolen. On top of that they (him/her?) also stole my biking shoes, lights, helmet and even the tire pump. My girlfriends bike, my skis and some other non-valuable stuff was left, so I guess it was just one person and he/her couldn't carry more than two bikes.

In true mustachian fashion I self insured, because I don't have many valuable possession. So sadly on that front I got unlucky and household insurance would have been the better option. Hindsight is 20/20 though. I got a pretty basic Fixie bike as a replacement to get around, but will eventually need to replace my gravel bike. This especially hurts as I got my old one on ebay for fairly cheap and prices on ebay have nearly doubled here recently. It is near impossible to buy new bikes, because all vendors are out of stock due to supply chain issues and way more people showing interest in biking due to the corona crisis. So I either swallow the pill and get an equal replacement for way more than I originally paid on ebay, get a cheaper but worse replacement on ebay, or just wait until prices come down again but don't get to ride in the meantime.

Sorry to hear that.  People are such scumbags.  Keep an eye on Facebook marketplace and eBay, sometimes people rob them and try to sell them on there. 

You said hindsight is 20/20 and you're right.  Don't beat yourself up about it.  These things happen.  Just go and buy better locks lol.
Title: Re: Race from 10 to 100k!!
Post by: Slanhirn on October 14, 2021, 05:59:58 AM
Thanks @Trifele and @Manchester !!
Title: Re: Race from 10 to 100k!!
Post by: IrishFI on October 14, 2021, 01:39:25 PM
Hi Everyone, recently passed 10k so wanted to check in here.

Emergency fund - 3k
Pension - 3469
ETF - 5290 (tax on gains not deducted)
Poker Roll - 140

Goal for 2021 is to reach 20k. GL everyone.

Hit my goal for 2021 ahead of schedule. Im starting to find more spendy desires popping up. Has anyone else found that after the initial honeymoon period.

Pension - 8350
Taxable - 13300
Emergency fund - 520




Title: Re: Race from 10 to 100k!!
Post by: TerrierTown on October 15, 2021, 02:54:22 AM
01 Jun 2019 NW £44,112
01 Jul 2019 NW £46,737  (+£2,625)
02 Apr 2020 NW £61,865 (+£15,128)
15 Aug 2020 NW £73,912 (+£12,047)
15 Dec 2020 NW £80,781 (+£6,869)
17 Jan 2021 NW £83,923 (+£3,142)
17 Feb 2021 NW £86,418 (+£2,495)
17 Mar 2021 NW £89,618 (+£3,200)
16 Jun 2021 NW £94,039 (+£4,421)
16 Sep 2021 NW £97,382 (+£3,343)

15 Oct 2021 NW £99,683  (+£2,301)

Almost made it! Although feels slow...
Title: Re: Race from 10 to 100k!!
Post by: TerrierTown on October 15, 2021, 02:59:21 AM
Hi Everyone, recently passed 10k so wanted to check in here.

Emergency fund - 3k
Pension - 3469
ETF - 5290 (tax on gains not deducted)
Poker Roll - 140

Goal for 2021 is to reach 20k. GL everyone.

Hit my goal for 2021 ahead of schedule. Im starting to find more spendy desires popping up. Has anyone else found that after the initial honeymoon period.

Pension - 8350
Taxable - 13300
Emergency fund - 520

Being honest, not really. I do struggle with buying takeaway though because I'm a greedy so and so. Stick at it, it will become a habit and do you know the goal you want to get to? Are you clear on it?
Title: Re: Race from 10 to 100k!!
Post by: IrishFI on October 15, 2021, 06:25:47 AM
Hi Everyone, recently passed 10k so wanted to check in here.

Emergency fund - 3k
Pension - 3469
ETF - 5290 (tax on gains not deducted)
Poker Roll - 140

Goal for 2021 is to reach 20k. GL everyone.

Hit my goal for 2021 ahead of schedule. Im starting to find more spendy desires popping up. Has anyone else found that after the initial honeymoon period.

Pension - 8350
Taxable - 13300
Emergency fund - 520

Being honest, not really. I do struggle with buying takeaway though because I'm a greedy so and so. Stick at it, it will become a habit and do you know the goal you want to get to? Are you clear on it?

We all have our kryptonite. Have you tried fakeaways? not as convenient but can be just as tasty. Mostly I spend stupid amounts of time trying to make the numbers work for a brand new electric car purchase or a solar panel investment and buying my own home. Realistically all these things are likely to be inferior to just DCA into the market and chill.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on October 25, 2021, 03:39:17 AM
My N/W grew by £2,846.97 to a new total of £54,453.44.


My N/W grew by £1,721.56 to a new total of £56,175.



October update:

My N/W grew by £2,262.53 to a new total of £58,437.53.

Only £1,562.47 to go to hit my target of £60k this year.  I should hopefully do that next month, but lets see. :)
Title: Re: Race from 10 to 100k!!
Post by: triple7stash on October 28, 2021, 10:50:50 AM
Tracking investing in SPN (which doesn't include roth)

12/28/2020 - $62,783
1/28/2021 - $67,335.21
2/28/2021 - $69,404
3/28/2021 - $71,869
4/28/2021 - $77,861
5/31/2021 - $79,885
6/30/2021 - $82,843
7/28/2021 - $85,130
8/29/2021 - $87,558
9/30/2021 - $87,127
10/28/2021 - $92,699
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on October 29, 2021, 02:25:49 AM
July 2018: £20,385
October 2018: £24,504
January 2019: £25, 295
April 2019: £33,844
July 2019: £38,667
October 2019: £38,588
January 2020: £43,260
April  2020:  £38,094
July 2020: £49,062.35
August 2020: £50,172 just over halfway! :)
Sept 2020: £55,556
Oct 2020 : £56,42
Nov 2020: £57.565
Dec 2020 : £62,368
Jan 2021 £64,542
Feb 2021 £66,616
March 2021 £67,305
April 2021 £71,137
May 2021 £75,325
June 2021 £73,732
July 2021 £80,163
August 2021 £82,015
September 2021 £87,420
October 2021 £87,902

November 2021 £96,512

I can't believe I'm in the 90s! when I started this journey in 2018, the thought of having 90k was a pipe dream. To anyone starting out, just keep plugging away, putting in bit by bit consistently, and it'll happen.
 
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on October 29, 2021, 02:35:05 AM

Hit my goal for 2021 ahead of schedule. Im starting to find more spendy desires popping up. Has anyone else found that after the initial honeymoon period.


It can be so hard - especially around this time of the year when the weather gets gross and I want a little pick me up! I always put my investment amount in my investment account as soon as I get paid, so I only have what's remaining left to spend. If I can make that stretch to fill some spending want I have, great, but my investment for the month is already in place and that's that. Helps keep me honest :)
Title: Re: Race from 10 to 100k!!
Post by: regenaeb on October 29, 2021, 08:55:16 AM
11/30/20 - SEP Balance $ 15524.45 + Roth $ 1770.76 - Student loan balance $ 6897.45 = $ 10,397.76
12/30/20 - SEP Balance $ 16106.09 + Roth $ 1813.94 - Student loan balance $ 6306.71 = $ 11,613.32
01/29/21 - SEP + Roth $ 20,139.02 - Student loan balance $ 5,316.32 = $ 14,822.70
02/28/21 - SEP + Roth $ 21,680.41 - Student loan balance $ 4,000.15 = $ 17,680.26
03/31/21 - SEP + Roth $ 22,823.38 - Student loan balance $ 2,994.55 = $ 19,828.83
04/27/21 - SEP + Roth $ 24,365.29 - Student loan balance $ 1,699.29 = $ 22,666.00
05/31/21 - SEP + Roth $ 25,063.59 - Student loan balance $ 0 = $ 25,063.59 - Student loan is paid off!!!
8/21/21 - SEP + Roth $ 27,113.71
9/30/21 - SEP + Roth $ 27,063.71
10/29/21 - SEP + Roth $ 29,254.43

Yay the market is back up. But it was nice to buy on sale for a couple of weeks. Hoping to hit $30k by the end of the year. If all goes well, I will.
Title: Re: Race from 10 to 100k!!
Post by: Imma on October 29, 2021, 02:06:59 PM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October 2019: €11128.59
November 2019: €11227,46
December 2019: €11991,27
January 2020: €12576,72
February 2020: €11904,39
March 2020: €10425,32
April 2020: €11830,70
May 2020: €12154,67
June 2020: €14634,19
July 2020: €15345,09
August 2020: €16444,46
September 2020: €17108,60
October 2020: €16687,93
November 2020: €17762,62
December 2020: €19386,94
January 2021: €20649.69
February 2021: €22021,64
March 2021: €22763,55
April 2021: €23866,70
May 2021: €25689.77
June 2021: €25659.61
July 2021: €26434.48
August 2021: €28512.33
September 2021: €29243.37
October 2021: €30357,48


Goals for 2021:
Savings: €10.000
Investments: €25.000
Title: Re: Race from 10 to 100k!!
Post by: Serendip on October 29, 2021, 02:23:11 PM
Dec '17    18,146
Jan '18     23,607
Dec '18    48,380
Dec '19    60,746
Jan '20     63,186
May '20    62,300
June '20   63,000
July '20    58,562
Oct '20     60,900

Dec '20   62,900
Jan '21    65,400
Feb '21    67,600
Mar '21    68,750
Apr '21    72,858
May '21   75,068
June '21  77,013
July '21   79,020
Aug '21   82,801
Sept '21  81,077
Oct ‘21 83,500

Glad to have climbed a bit..slower progress these days.
I’ve definitely caught myself doing some emotional shopping. Will aim for 85,000 saved by end of year..(**bonus marks and a gold star if I get to $86,000!)
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on October 31, 2021, 06:56:24 AM
                       2018                2019                2020                2021                2022               
January$6,455-$14,460$34,473-
February--$14,991$36,257-
March--$14,632$38,256-
April-$10,960$13,884$47,021-
May--$17,011$52,533-
June--$19,255$54,094-
July--$20,358$55,927-
August--$21,993$58,821-
September--$23,312$67,274-
October--$24,777$67,897-
November-$13,466$26,407$72,781-
December$9,518-$30,697--

Hey, it's been two years since I started tracking here! I'm thrilled with the progress I've made. Fairly certain I'll break 100k before the end of next year, at this rate.
Title: Re: Race from 10 to 100k!!
Post by: Tass on October 31, 2021, 10:24:59 PM
20172018201920202021
January$12.1k$24.7k$49.0k$76.2k
February$13.6k$27.2k$46.5k$79.0k
March$15.1k$29.3k$42.7k$82.6k
April$16.6k$31.3k$47.5k$87.3k
May$17.7k$31.5k$50.6k$88.2k
June$18.5k$33.3k$53.5k$90.3k
July$6.2k$20.2k$35.1k$58.5k$92.0k
August$6.8k$20.8k$36.7k$63.0k$94.4k
September   $8.2k$22.2k$38.6k$63.2k$93.1k
October$9.0k$21.7k$40.2k$62.9k$97.1k
November$9.9k$22.5k$42.6k$69.9k
December$11.1k   $22.4k   $44.6k   $75.0k   

Inching closer........
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on November 01, 2021, 02:07:52 AM
Tracking investments, emergency fund and additional pension investments (all to be used to retire together with SO!)
(not tracking company pension investments, house value and current accounts / special project savings)

15 May 2020: EUR 17,034 (started tracking)
15 December 2020: EUR 23,325

31 January 2021: EUR 24,040
28 February 2021: EUR 25,103
31 March 2021: EUR 26,263
30 April 2021: EUR 27,109
31 May 2021: EUR 30,039
30 June 2021: EUR 30,721
31 July 2021: EUR 31,784
31 August 2021: EUR 31,331
30 September 2021: EUR 31,508
31 October 2021: EUR 32,843
(2021 goal: EUR 35K)

Better month this time. My 2021 goal seems so close, but yet so far, especially when I take into accountthat the last two months of the year which are usually quite expensive. We try to cut down on expensive presents and give experiences instead. However, experiences also come with a price, so this will be a discussion to have in our household in the next couple of weeks and try to keep expectations low.

Title: Re: Race from 10 to 100k!!
Post by: Rimu05 on November 01, 2021, 08:43:10 AM
I just graduated the Race to 10K thread so joining this one. :)

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


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

Total -  10,073

Monthly update:

Student loan - ($24,307.94)



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

Total -  14,548

Two months later:

Student loan - ($24,307.94)



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

Total -  17,843.27

I haven't updated in a while but

Student loan - ($23,760.22)



Savings - $7300
HSA - $2955.58
Checking - $560.68
401K - $52,816.33
Roth IRA - $1,514.2

Total -  40,699.37

Goals this year: To tackle my student loans while they are at 0%. Hoping to get them to $10,000.

Haven’t posted in a while but Current net worth: $64,069. Felt I stopped caring about spending this year. Spent a lot of money on a cosmetic procedure, and also moved to a HCOL state. My net worth should be $20,000 higher but no regrets here.

color=blue]Savings - $8,000
HSA - $2268
Checking - $500
401K - $71,112
Roth IRA - $1,864[/color]

DEBT: 21,991.
Title: Re: Race from 10 to 100k!!
Post by: lifeandlimb on November 01, 2021, 09:29:52 AM
Dec 2019 $7,548   
Jan 2020 $7,379   
Feb 2020 $7,983   
Mar 2020 $11,952   
Apr 2020 $20,078   
May 2020 $27,255   
June 2020 $29,933   
July 2020 $28,764   
Aug 2020 $28,618   
Sept 2020 $28,864   
Oct 2020 $27,434   
Nov 2020 $39,641   
Dec 2020 $39,169   
Jan 2021 $42,748   
Feb 2021 $43,215   
Mar 2021 $45,100   
Apr 2021 $48,171   
May 2021 $49,227
June 2021 $49,484
July 2021 $49,142
Aug 2021 $54,479
Sep 2021 $54,644
Oct 2021 $49,328
Nov 2021 $51,639


Somehow still making a little progress despite a fun and spendy fall.
Seems like quite a few people are close to graduating this thread. :)
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on November 01, 2021, 10:26:26 AM
Student Loan Debt:

01/12/19: $43,762
05/04/20: $21,456
11/09/20: $21,456
05/04/21: $21,456
06/01/21: $21,456
07/03/21: $21,456
08/02/21: $21,456
09/02/21: $21,456
10/01/21: $21,456
11/01/21: $21,456 (Loans have remained in forbearance)


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739
06/05/20: $18,006 ($7,267)
07/05/20: $8,594 (-$9,412)
08/05/20: $9,084 ($490)
09/01/20: $13,497 ($4,413)
10/01/20: $12,283 (-$1,214)
11/01/20: $15,692 ($3,409)
12/05/20: $19,528 ($3,836)
01/01/21: $21,735 ($2,207)
02/03/21: $21,870 ($135)
03/01/21: $23,417 ($1,547)
04/02/21: $33,080 ($9,663)
05/04/21: $36,424 ($3,344)
06/01/21: $39,976 ($3,552)
07/03/21: $47,349 ($7,373)
08/02/21: $52,292 ($5,044)
09/02/21: $57,319 ($5,027)
10/01/21: $58,555 ($1,236)
11/01/21: $60,397 ($1,842)

Market gains accounted for most of the growth this month as most of my income went towards some planned expenses! I'm hoping to reach 67k by the end of the year with a stretch goal of 70k, which will give me the opportunity to reach 100k by the middle of next year. Happy to see everyone else moving in the right direction, and happy savings as the holidays begin!

Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on November 01, 2021, 12:53:39 PM
October 2020 - $45,564
November 2020 - $50,152
December 2020 - $52,356
January 2021 - $53,423
February 2021 - $54,304
March 2021 - $58,321
April 2021 - $61,745
May 2021 - $62,978
June 2021 - $62,595
July 2021 - $64,082
August 2021 - $66,248
September 2021 - $64,221

October 2021 - $67,968

Man, I feel like I've been bouncing around in the 60s for forever even though it really hasn't been that long.
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on November 01, 2021, 05:08:03 PM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-   137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)
01/05/2021: 50.942,27 € (+   714,52 €)
01/06/2021: 45.969,23 € (- 4.973,04 €)
01/07/2021: 47.887,98 € (+1.918,75 €)
01/08/2021: 50.361,49 € (+2.473,51 €)
01/09/2021: 55.538,44 € (+5.176,95 €)
01/10/2021: 55.405,64 € (-132,80 €)

01/11/2021: 62.397,76 € (6.992,12 €)

The largest monthly increase to date, no thanks to my savings which were only roughly 450 €. I need to reign back the spending. Bitcoin price increases and stock market gains have masked the fact that I did poorly on the savings side in the last few months. Still happy with the increase though and I calculated today, that in the last 12 months my NW increased by more than my net salary over the same period. Crazy

Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on November 05, 2021, 05:26:21 AM
It's not the end of the month yet so I'm not counting it as a proper update, but some surges in crypto means my total invested just topped £100,000!

I am absolutely speechless. I grew up poor. This was unimaginable to me. Thank you to everyone on this forum for the encouragement.

Title: Re: Race from 10 to 100k!!
Post by: Trifle on November 05, 2021, 06:10:16 AM
Just come to have a little vent. I'm very much in the looong middle ground of this race at 65k invested and I'm starting to get really itchy feet.

I dont even want to spend the money, I'm just grumpy about how long it is taking. It feels like the push forward to the next major milestone of 75k is a long way away.

Ok, rant over. Thanks everyone.

@Stubblestache -- I remember your post from the beginning of the year about the long middle ground, and the itchy feet^.  You made it buddy!  Well done.  I understand the awe you're feeling.  I grew up poor too and having lots of zeroes in your account balance can take some getting used to. 

You're going to need to stay strong for the next stretch from $100k to $250k.  For me that was the hardest one mentally; it was a big challenge to not focus on the investments all the time, and to just put them on autopilot and live life.  You can do it!
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on November 05, 2021, 07:27:24 AM
Just come to have a little vent. I'm very much in the looong middle ground of this race at 65k invested and I'm starting to get really itchy feet.

I dont even want to spend the money, I'm just grumpy about how long it is taking. It feels like the push forward to the next major milestone of 75k is a long way away.

Ok, rant over. Thanks everyone.

@Stubblestache -- I remember your post from the beginning of the year about the long middle ground, and the itchy feet^.  You made it buddy!  Well done.  I understand the awe you're feeling.  I grew up poor too and having lots of zeroes in your account balance can take some getting used to. 

You're going to need to stay strong for the next stretch from $100k to $250k.  For me that was the hardest one mentally; it was a big challenge to not focus on the investments all the time, and to just put them on autopilot and live life.  You can do it!

haha yes that feels like ages ago now! Things are mostly on autopilot already, I never feel like I'm missing out on anything for saving money. I guess ultimately, 100k is just the same as 95k and 105k, just another step on the way to FI.

Thank you so much for your kind words!
Title: Re: Race from 10 to 100k!!
Post by: shinn497 on November 12, 2021, 12:34:01 AM
Apr 19     12500
May 19    14800
June 19   17031
July 19    20100
Aug 19    23300
Sept 19   26300
Oct 19     29300
Nov 19    30500
Dec 19    33800
Jan 20     37100
Feb 20     37100
March 20 38413
Apr 20     32000
May 20     37000
June 20    42500
July 20     46300
Aug 20     50200
Sept 20     53400
Oct 20       55700
Nov 20      62000
Dec 20      66300
Jan 21       71500
Feb 21       77000
March 21   80500
Apr 21   83500
May 21   88000
June 21 91000
July 21 95000
Aug 21 97000
Sept 21 100000  WOOT!


I forgot to post my graduation! Happened way earlier than I thought. TY markets!
Title: Re: Race from 10 to 100k!!
Post by: MommyCake on November 12, 2021, 05:44:37 AM
Congrats to shinn497!!!

I finally made it also

Investments only:

9/4/18       73,600
10/4/18     75,950
11/7/18     75,960
10/7/21     96,760
11/12/21  101,000
Title: Re: Race from 10 to 100k!!
Post by: TerrierTown on November 14, 2021, 04:26:10 PM
01 Jun 2019 NW £44,112
01 Jul 2019 NW £46,737  (+£2,625)
02 Apr 2020 NW £61,865 (+£15,128)
15 Aug 2020 NW £73,912 (+£12,047)
15 Dec 2020 NW £80,781 (+£6,869)
17 Jan 2021 NW £83,923 (+£3,142)
17 Feb 2021 NW £86,418 (+£2,495)
17 Mar 2021 NW £89,618 (+£3,200)
16 Jun 2021 NW £94,039 (+£4,421)
16 Sep 2021 NW £97,382 (+£3,343)
15 Oct 2021 NW £99,683  (+£2,301)

15 Nov 2021 NW £103,629 (+£3,946)

I made it! Best of luck in your journeys guys and see you on the otherside!
Title: Re: Race from 10 to 100k!!
Post by: catlady on November 21, 2021, 12:05:15 PM

 
2020
2021
25 Jan
   
$48 938 (+$26 476)
25 Feb
   
$50 686.73 (+$ 1748)
25 Mar
   
$52 418 (+$ 1731)
06 July
   
$70,688.91 (+$ 18,270.69)
25 Sept
 
$11 699.98
 
25 Oct
 
$15 171.88 (+$3,471.9)
 
25 Nov
 
$17,631.78 (+$2,459.90)
$93,357.00 (+$22,698)
25 Dec
 
$22,462.17 (+$4,830.39)
 

soooo close 🤯
Title: Re: Race from 10 to 100k!!
Post by: Trifle on November 22, 2021, 03:10:58 AM
Congrats to @shinn497, @MommyCake, and @TerrierTown!   Well done.  Go go go!   
Title: Re: Race from 10 to 100k!!
Post by: Manchester on November 22, 2021, 05:30:04 AM
My N/W grew by £2,846.97 to a new total of £54,453.44.
My N/W grew by £1,721.56 to a new total of £56,175.
My N/W grew by £2,262.53 to a new total of £58,437.53.

November Update:

My N/W grew by £3,196.03 to a new total of £61,633.56.

I think it's my biggest monthly rise since I started tracking.  I've hit my target for the year so anything added in December is a bonus. 

I've started moving some of my emergency funds into my ISA.  I can still access it fairly quickly (within about a week) if I really need it.  My wife and I have savings elsewhere which we don't have any immediate plans for, and I'm finding I have more and more disposable income each month, so I feel quite comfortable in case of an emergency.
Title: Re: Race from 10 to 100k!!
Post by: la Condessa on November 25, 2021, 03:25:13 PM
EF cash: $3,500

Vanguard Roth IRA: $7,517.95

Robinhood: $94.48

= $11,112.43

EF cash: $3,500

Vanguard Roth IRA: $9,310.32

Vanguard tIRA: $1,983.07

Robinhood: $209

= $15,002.39
Title: Re: Race from 10 to 100k!!
Post by: Serendip on November 25, 2021, 03:59:15 PM
Dec '17    18,146
Jan '18     23,607
Dec '18    48,380
Dec '19    60,746
Jan '20     63,186
May '20    62,300
June '20   63,000
July '20    58,562
Oct '20     60,900

Dec '20   62,900
Jan '21    65,400
Feb '21    67,600
Mar '21    68,750
Apr '21    72,858
May '21   75,068
June '21  77,013
July '21   79,020
Aug '21   82,801
Sept '21  81,077
Oct ‘21 83,500

Nov ‘21 82,693

Investments slid down and I needed to pay some professional fees, etc. It seems unlikely I will make it to my goal of 85k by end of year but I will try to keep spending down during the holidays so that I don’t sabotage progress into the new year. Here’s to graduating this thread in 2022!!

Title: Re: Race from 10 to 100k!!
Post by: TerrierTown on November 26, 2021, 06:17:20 AM
Congrats to @shinn497, @MommyCake, and @TerrierTown!   Well done.  Go go go!

Thanks Trifele :)
Title: Re: Race from 10 to 100k!!
Post by: triple7stash on November 28, 2021, 08:41:34 PM
Tracking investing in SPN (which doesn't include roth)

12/28/2020 - $62,783
1/28/2021 - $67,335.21
2/28/2021 - $69,404
3/28/2021 - $71,869
4/28/2021 - $77,861
5/31/2021 - $79,885
6/30/2021 - $82,843
7/28/2021 - $85,130
8/29/2021 - $87,558
9/30/2021 - $87,127
10/28/2021 - $92,699
11/28/2021 - $95,021
Title: Re: Race from 10 to 100k!!
Post by: BobTheBuilder on November 29, 2021, 02:30:05 AM
Well, last time I posted the stock market was in good shape :-D

Nevertheless, NW increased to 80k since June, that is +10k in 5 months.

The next few months will be choppy, since we are buying a piece of land and will have costs associated with that (taxes, paperwork...)
Once the house is build, the ride will smooth out again.

Title: Re: Race from 10 to 100k!!
Post by: Imma on November 29, 2021, 10:25:36 AM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October 2019: €11128.59
November 2019: €11227,46
December 2019: €11991,27
January 2020: €12576,72
February 2020: €11904,39
March 2020: €10425,32
April 2020: €11830,70
May 2020: €12154,67
June 2020: €14634,19
July 2020: €15345,09
August 2020: €16444,46
September 2020: €17108,60
October 2020: €16687,93
November 2020: €17762,62
December 2020: €19386,94
January 2021: €20649.69
February 2021: €22021,64
March 2021: €22763,55
April 2021: €23866,70
May 2021: €25689.77
June 2021: €25659.61
July 2021: €26434.48
August 2021: €28512.33
September 2021: €29243.37
October 2021: €30357,48
November 2021: €32537,78

Goals for 2021:
Savings: €10.000
Investments: €25.000
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on November 30, 2021, 01:40:55 AM
July 2018: £20,385
October 2018: £24,504
January 2019: £25, 295
April 2019: £33,844
July 2019: £38,667
October 2019: £38,588
January 2020: £43,260
April  2020:  £38,094
July 2020: £49,062.35
August 2020: £50,172 just over halfway! :)
Sept 2020: £55,556
Oct 2020 : £56,42
Nov 2020: £57.565
Dec 2020 : £62,368
Jan 2021 £64,542
Feb 2021 £66,616
March 2021 £67,305
April 2021 £71,137
May 2021 £75,325
June 2021 £73,732
July 2021 £80,163
August 2021 £82,015
September 2021 £87,420
October 2021 £87,902
November 2021 £96,512

December 2021 £105,802 woooohoooo!

Can't believe it. I've been very fortunate with crypto and added £10k in a month. (probably means I'll be back in this thread by Jan :) )

See you all in the next thread. If I can do it, anyone can!

Title: Re: Race from 10 to 100k!!
Post by: regenaeb on November 30, 2021, 10:11:11 AM
11/30/20 - SEP Balance $ 15524.45 + Roth $ 1770.76 - Student loan balance $ 6897.45 = $ 10,397.76
12/30/20 - SEP Balance $ 16106.09 + Roth $ 1813.94 - Student loan balance $ 6306.71 = $ 11,613.32
01/29/21 - SEP + Roth $ 20,139.02 - Student loan balance $ 5,316.32 = $ 14,822.70
02/28/21 - SEP + Roth $ 21,680.41 - Student loan balance $ 4,000.15 = $ 17,680.26
03/31/21 - SEP + Roth $ 22,823.38 - Student loan balance $ 2,994.55 = $ 19,828.83
04/27/21 - SEP + Roth $ 24,365.29 - Student loan balance $ 1,699.29 = $ 22,666.00
05/31/21 - SEP + Roth $ 25,063.59 - Student loan balance $ 0 = $ 25,063.59 - Student loan is paid off!!!
8/21/21 - SEP + Roth $ 27,113.71
9/30/21 - SEP + Roth $ 27,063.71
10/29/21 - SEP + Roth $ 29,254.43
11/30/21 - SEP + Roth $ 30,055.54
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on December 01, 2021, 01:18:44 AM
Tracking investments, emergency fund and additional pension investments (all to be used to retire together with SO!)
(not tracking company pension investments, house value and current accounts / special project savings)

15 May 2020: EUR 17,034 (started tracking)
15 December 2020: EUR 23,325

31 January 2021: EUR 24,040
28 February 2021: EUR 25,103
31 March 2021: EUR 26,263
30 April 2021: EUR 27,109
31 May 2021: EUR 30,039
30 June 2021: EUR 30,721
31 July 2021: EUR 31,784
31 August 2021: EUR 31,331
30 September 2021: EUR 31,508
31 October 2021: EUR 32,843
30 November 2021: EUR 33,275
(2021 goal: EUR 35K)

Markets were not nice in the last couple of days. Anyway, it is not downwards, but my 2021 goal seems a bit of a stretch at this point. Here is to hoping for a nice bonus in December......

I see some graduates this month! Congrats on getting to that famous 6 digit number!
And a few "almost graduates". You are an inspiration for us!

Now up to December. Hoping for a nice yearend rally on the markets and trying to keep costs low. I already bought all presents for the family, so now it is just a matter of keeping the other costs down.
Here is to a nice, cosy and warm December (while currently it's raining cats and dogs here....).

Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on December 01, 2021, 10:08:31 AM
November 2020 - $50,152
December 2020 - $52,356
January 2021 - $53,423
February 2021 - $54,304
March 2021 - $58,321
April 2021 - $61,745
May 2021 - $62,978
June 2021 - $62,595
July 2021 - $64,082
August 2021 - $66,248
September 2021 - $64,221
October 2021 - $67,968

November 2021 - $67,412

Another month, more fun COVID news messing with the market! 
Title: Re: Race from 10 to 100k!!
Post by: Rimu05 on December 01, 2021, 11:26:18 AM
I just graduated the Race to 10K thread so joining this one. :)

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


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

Total -  10,073

Monthly update:

Student loan - ($24,307.94)



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

Total -  14,548

Two months later:

Student loan - ($24,307.94)



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

Total -  17,843.27

I haven't updated in a while but

Student loan - ($23,760.22)



Savings - $7300
HSA - $2955.58
Checking - $560.68
401K - $52,816.33
Roth IRA - $1,514.2

Total -  40,699.37

Goals this year: To tackle my student loans while they are at 0%. Hoping to get them to $10,000.

Haven’t posted in a while but Current net worth: $64,069. Felt I stopped caring about spending this year. Spent a lot of money on a cosmetic procedure, and also moved to a HCOL state. My net worth should be $20,000 higher but no regrets here.

color=blue]Savings - $8,000
HSA - $2268
Checking - $500
401K - $71,112
Roth IRA - $1,864[/color]

DEBT: 21,991.



Student loan - ($20,394)
Credit card - ($1,500)


Savings - $10,521
Checking - $2,772 (Rent payment and bills going out soon)
401K - 73,807 (Oof, that dip hurt)
Roth IRA - 1,914
HSA - 5,111

Total - 72,234

Let’s hope I graduate this thread next year
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on December 01, 2021, 01:20:42 PM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-   137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)
01/05/2021: 50.942,27 € (+   714,52 €)
01/06/2021: 45.969,23 € (- 4.973,04 €)
01/07/2021: 47.887,98 € (+1.918,75 €)
01/08/2021: 50.361,49 € (+2.473,51 €)
01/09/2021: 55.538,44 € (+5.176,95 €)
01/10/2021: 55.405,64 € (-    132,80 €)
01/11/2021: 62.397,76 € (+6.992,12 €)

01/12/2021: 62.957,50 € (+559,74 €)

Slight increase despite markets acting up towards the end of the month. Finishing the year above 65k is a stretch but would be nice and possible depending on markets and some christmas money.
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on December 02, 2021, 11:22:42 AM
Student Loan Debt:

01/12/19: $43,762
05/04/20: $21,456
11/09/20: $21,456
05/04/21: $21,456
11/01/21: $21,456
12/01/21: $21,456 (Loans have remained in forbearance)


Net Worth:

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


The decrease in net worth is the result of the market declines. Fortunately, I am able to buy some stocks on sale! Also had a relatively large, unplanned expense in November and have several large, planned expenses in December. Looking forward to 2022 and reaching the 100k milestone!
Title: Re: Race from 10 to 100k!!
Post by: lifeandlimb on December 02, 2021, 05:04:42 PM
Dec 2019 $7,548   
Jan 2020 $7,379   
Feb 2020 $7,983   
Mar 2020 $11,952   
Apr 2020 $20,078   
May 2020 $27,255   
June 2020 $29,933   
July 2020 $28,764   
Aug 2020 $28,618   
Sept 2020 $28,864   
Oct 2020 $27,434   
Nov 2020 $39,641   
Dec 2020 $39,169   
Jan 2021 $42,748   
Feb 2021 $43,215   
Mar 2021 $45,100   
Apr 2021 $48,171   
May 2021 $49,227
June 2021 $49,484
July 2021 $49,142
Aug 2021 $54,479
Sep 2021 $54,644
Oct 2021 $49,328
Nov 2021 $51,639
Dec 2021 $52,439

Eking forward. Little by little.
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on December 04, 2021, 02:13:38 AM
                       2018                2019                2020                2021                2022               
January$6,455-$14,460$34,473-
February--$14,991$36,257-
March--$14,632$38,256-
April-$10,960$13,884$47,021-
May--$17,011$52,533-
June--$19,255$54,094-
July--$20,358$55,927-
August--$21,993$58,821-
September--$23,312$67,274-
October--$24,777$67,897-
November-$13,466$26,407$72,781-
December$9,518-$30,697$73,730-

Not much of a gain, but a gain nonetheless.
Title: Re: Race from 10 to 100k!!
Post by: Tass on December 05, 2021, 09:30:47 AM
20172018201920202021
January$12.1k$24.7k$49.0k$76.2k
February$13.6k$27.2k$46.5k$79.0k
March$15.1k$29.3k$42.7k$82.6k
April$16.6k$31.3k$47.5k$87.3k
May$17.7k$31.5k$50.6k$88.2k
June$18.5k$33.3k$53.5k$90.3k
July$6.2k$20.2k$35.1k$58.5k$92.0k
August$6.8k$20.8k$36.7k$63.0k$94.4k
September   $8.2k$22.2k$38.6k$63.2k$93.1k
October$9.0k$21.7k$40.2k$62.9k$97.1k
November$9.9k$22.5k$42.6k$69.9k$95.1k
December$11.1k   $22.4k   $44.6k   $75.0k   

Beginning to feel a bit personally targeted by the timing of these market slumps... But I also had three major (planned) expenses fall in this month, so I guess graduating in 2021 just wasn't meant to be. Just a few months more!
Title: Re: Race from 10 to 100k!!
Post by: theleanist on December 08, 2021, 04:04:08 PM
Hi everyone,
 
Hello from Ireland! Good to join the race.

Im just tracking my investments here. Have another account in which I'm saving up a deposit for a house.

I've been investing regularly enough in the S&P500 (VUSA) since July 17. Below figures show the value of my investments excluding tax - 41% in Ireland!

Jan 17 - €0
Jan 18 - €7,576
Jan19 - €17,310
Jan 20 - €19,455

Jan  21 - €27,122
Feb 21 - €27,122
Mar 21 - €32,712
Apr 21 - €35,401
May 21 - €36,474
Jun 21 - €39,160
July 21 - €41,034
Aug 21 - €42,882
Sep 21 - €43,667
Oct 21 - €46,022
Nov 21 - €47,832
Title: Re: Race from 10 to 100k!!
Post by: Manchester on December 16, 2021, 05:07:09 AM
My N/W grew by £2,846.97 to a new total of £54,453.44.
My N/W grew by £1,721.56 to a new total of £56,175.
My N/W grew by £2,262.53 to a new total of £58,437.53.
My N/W grew by £3,196.03 to a new total of £61,633.56.

Early update for December as I get paid tomorrow (early ahead of Christmas).

My N/W grew by £2,080.14 to a new total of £63,713.70.

On 18/12/2020 my N/W was £40,702,18.  So I've added around £23k in that time.  The year before I added around £12k, so I'm heading in the right direction. 

My target for 2022 is to reach £90k. 

Have a good Christmas everyone.
Title: Re: Race from 10 to 100k!!
Post by: triple7stash on December 28, 2021, 11:17:52 AM
Tracking investing in SPN (which doesn't include roth)

12/28/2020 - $62,783
1/28/2021 - $67,335.21
2/28/2021 - $69,404
3/28/2021 - $71,869
4/28/2021 - $77,861
5/31/2021 - $79,885
6/30/2021 - $82,843
7/28/2021 - $85,130
8/29/2021 - $87,558
9/30/2021 - $87,127
10/28/2021 - $92,699
11/28/2021 - $95,021
12/28/2021 - $96,703
Title: Re: Race from 10 to 100k!!
Post by: theleanist on December 29, 2021, 10:34:30 AM
Hi everyone,
 
My updated figures for December. I purchased 14 units of S&P500 (VUSA) this month for a total price of €1,105

The below figures show the value of my investments in the S&P500 (VUSA) excluding tax on profits - 41% in Ireland.

Hope everyone had a good Christmas and here's to reaching €100K in 2022!

Jan 17 - €0
Jan 18 - €7,576
Jan19 - €17,310
Jan 20 - €19,455

Jan  21 - €27,122
Feb 21 - €27,122
Mar 21 - €32,712
Apr 21 - €35,401
May 21 - €36,474
Jun 21 - €39,160
July 21 - €41,034
Aug 21 - €42,882
Sep 21 - €43,667
Oct 21 - €46,022
Nov 21 - €47,832
Dec 21 - €50,091
Title: Re: Race from 10 to 100k!!
Post by: soily on December 29, 2021, 12:42:04 PM
                    401K          IRA           Total
Jan 2018:    1,050         1,230         2,280
Jan 2019:    6,800         3,500       10,300
Jan 2020:    12,100       6,600       18,700
Apr 2020:    12,100       5,100       17,200
Aug 2020:   21,200        6,800       28,000
Nov 2020:   29,000        7,500       36,500
Jan 2021:    31,300        7,800      39,100
Dec 2021     12,700      65,600      78,300 (changed jobs)

Hopefully I graduate the 100k club fall 2022!
Title: Re: Race from 10 to 100k!!
Post by: Tass on December 29, 2021, 08:02:38 PM
I have temporarily crossed the finish line... But I have $240 to donate in order to meet my charity goals for the year. Alas!
Title: Re: Race from 10 to 100k!!
Post by: Serendip on December 30, 2021, 10:58:57 AM

Dec '17    18,146
Jan '18     23,607
Dec '18    48,380
Dec '19    60,746

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

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

Dec ‘21   84,800

*strange year but I have managed to save over 22k which means that I can likely graduate this thread sometime during the next year if all goes well. That’s exciting.. I will challenge myself to see how quickly I can get there..we spent  a lot of money this year on kitchen renovations and other upgrades. Hoping to keep those types of costs low in ‘22 and maybe just save for a trip or a project with my dad.
Title: Re: Race from 10 to 100k!!
Post by: Serendip on December 30, 2021, 11:00:05 AM
I have temporarily crossed the finish line... But I have $240 to donate in order to meet my charity goals for the year. Alas!

Congratulations @Tass —amazing!!
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on December 30, 2021, 11:01:26 AM
I have temporarily crossed the finish line... But I have $240 to donate in order to meet my charity goals for the year. Alas!

Ha, amazing!!  Congrats regardless!  :)
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on December 30, 2021, 11:04:43 AM
December 2020 - $52,356
January 2021 - $53,423
February 2021 - $54,304
March 2021 - $58,321
April 2021 - $61,745
May 2021 - $62,978
June 2021 - $62,595
July 2021 - $64,082
August 2021 - $66,248
September 2021 - $64,221
October 2021 - $67,968
November 2021- $67,412

December 2021 - $70,758

Whew, finally broke into the 70s.  I think I have a projected graduation date in approximately two years.  That's pretty exciting!  I've been in this thread since 2017! 
Title: Re: Race from 10 to 100k!!
Post by: Tass on December 31, 2021, 02:46:49 PM
I have temporarily crossed the finish line... But I have $240 to donate in order to meet my charity goals for the year. Alas!

My donation put me back under, and the market dropped just slightly today... But I didn't account for year-end dividends!

20172018201920202021
January$12.1k$24.7k$49.0k$76.2k
February$13.6k$27.2k$46.5k$79.0k
March$15.1k$29.3k$42.7k$82.6k
April$16.6k$31.3k$47.5k$87.3k
May$17.7k$31.5k$50.6k$88.2k
June$18.5k$33.3k$53.5k$90.3k
July$6.2k$20.2k$35.1k$58.5k$92.0k
August$6.8k$20.8k$36.7k$63.0k$94.4k
September   $8.2k$22.2k$38.6k$63.2k$93.1k
October$9.0k$21.7k$40.2k$62.9k$97.1k
November$9.9k$22.5k$42.6k$69.9k$95.1k
December$11.1k   $22.4k   $44.6k   $75.0k   $100.3k

I really didn't think I would make this by December! Exactly four years since I graduated the $10k thread. It feels shorter than that, and it also doesn't feel real.
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on January 01, 2022, 08:44:22 AM
                       2018                2019                2020                2021                2022               
January$6,455-$14,460$34,473$77,625
February--$14,991$36,257-
March--$14,632$38,256-
April-$10,960$13,884$47,021-
May--$17,011$52,533-
June--$19,255$54,094-
July--$20,358$55,927-
August--$21,993$58,821-
September--$23,312$67,274-
October--$24,777$67,897-
November-$13,466$26,407$72,781-
December$9,518-$30,697$73,730-

I'm still amazed at how fast these numbers are rising. I definitely feel grateful for finding MMM and this community to help push towards growth.
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on January 01, 2022, 12:27:08 PM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-   137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)
01/05/2021: 50.942,27 € (+   714,52 €)
01/06/2021: 45.969,23 € (- 4.973,04 €)
01/07/2021: 47.887,98 € (+1.918,75 €)
01/08/2021: 50.361,49 € (+2.473,51 €)
01/09/2021: 55.538,44 € (+5.176,95 €)
01/10/2021: 55.405,64 € (-    132,80 €)
01/11/2021: 62.397,76 € (+6.992,12 €)
01/12/2021: 62.957,50 € (+   559,74 €)

01/01/2022: 62.444,54 € (-512,96 €)

Happy New Year to everyone! I hope everyones wishes and goals for this year come true and that we can hopefully leave the pandemic behind us this year.

December ended on a very positive note, even though the net worth doesn't reflect this. Despite 2,8k € in savings in december and good stock market returns net worth decreased due to BTC and ETH losing quite a bit. But much more importantly on the last working day of the year I sought out my boss with a bunch of improvements I think are neccessary for us to implement in order to do better going forward. He agreed to almost all of them and agreed to a raise for myself which translates to roughly 23 % more pay before taxes as well. Some particulars are not clear yet and due to some additional non-salary compensation which might happen the actual increase could end up being closer to 25 %. This will significantly increase my savings rate going forward.

Additionally I mentioned here a few months back that my bikes were stolen. My boss offered that the company would buy a bike which I am then allowed to use freely for personal use as well. In Germany companies can claim bikes and e-bikes as business expenses while the employees do not need to pay taxes for being allowed to use them for personal use in order to incentivize more people to ride by bike instead of by car. So it's essentially a free bike for me even though I won't be the legal owner of it. I had already set my eyes on a gravelbike which was pricey but still reasonable, roughly 1,7k € new. When I showed this to my boss his exact words were: "I thought you wanted a real bike, take advantage of this." So now a pretty sweet bike for 3k € was ordered which is set to arrive in a few weeks.

I had been dreading this conversation with my boss for a long time because even though I was sure these improvements are neccessary I wasn't sure how he would react to this unsolicited advice. It went much much better than expected.
Title: Re: Race from 10 to 100k!!
Post by: Imma on January 01, 2022, 03:50:37 PM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October 2019: €11128.59
November 2019: €11227,46
December 2019: €11991,27
January 2020: €12576,72
February 2020: €11904,39
March 2020: €10425,32
April 2020: €11830,70
May 2020: €12154,67
June 2020: €14634,19
July 2020: €15345,09
August 2020: €16444,46
September 2020: €17108,60
October 2020: €16687,93
November 2020: €17762,62
December 2020: €19386,94
January 2021: €20649.69
February 2021: €22021,64
March 2021: €22763,55
April 2021: €23866,70
May 2021: €25689.77
June 2021: €25659.61
July 2021: €26434.48
August 2021: €28512.33
September 2021: €29243.37
October 2021: €30357,48
November 2021: €32537,78
December 2021: €33194,68

Goals for 2021:
Savings: €10.000
Investments: €25.000

Didn't make my goal of €35k ... but also had an unexpected expensive that cost about €2200. That accounts for the difference. It was a necessity that I can easily afford, so no big deal.

@Tass @Ze Stash @LittleWanderer @shrimpwd  yay for progress!! Especially Tass for reaching the finish. It's incredible what you did. I'm so excited to see people from the 10k club make such good progress. We've come a long way on regular incomes.

Goals for 2022:
Savings: €15.000
Investments: €30.000

I expect a lot of uncertain expenses in 2022. That's why I want to increase the liquid buffer even higher. €15k is about 8 months of expenses so that's on the high side, but in the grand scheme of things 15k isn't all that much money. I hope that by the end of 2022 we'll have a much clearer picture of our financial situation. When the dust is settled down I can always put more money in the market, but I don't invest money that I may need sometime soon.

I don't track the value of my pension, my home and some sinking funds here so this is not a full picture.
Title: Re: Race from 10 to 100k!!
Post by: Tass on January 01, 2022, 06:26:20 PM
Thanks @Imma , I'm rooting for you as well!
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on January 02, 2022, 03:04:37 PM
Student Loan Debt:

01/12/19: $43,762
05/04/20: $21,456
11/09/20: $21,456
05/04/21: $21,456
11/01/21: $21,456
12/01/21: $21,456
01/02/22: $21,456 (Loans have remained in forbearance)


Net Worth:

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


Happy with the increase! Had some planned expenses, as well as Christmas gifts in December, so any forward progress is good progress! I have one more big expense that I'm expecting in the next two to three months, but my tax return will more than cover it due to get a "kicker" back from the state this year! I plan to graduate from this thread by the end of the year! Happy new year everyone!
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on January 03, 2022, 01:43:13 AM
Tracking investments, emergency fund and additional pension investments (all to be used to retire together with SO!)
(not tracking company pension investments, house value and current accounts / special project savings)

15 May 2020: EUR 17,034 (started tracking)
15 December 2020: EUR 23,325

31 January 2021: EUR 24,040
28 February 2021: EUR 25,103
31 March 2021: EUR 26,263
30 April 2021: EUR 27,109
31 May 2021: EUR 30,039
30 June 2021: EUR 30,721
31 July 2021: EUR 31,784
31 August 2021: EUR 31,331
30 September 2021: EUR 31,508
31 October 2021: EUR 32,843
30 November 2021: EUR 33,275
31 December 2021: EUR 37,355
(2021 goal: EUR 35K) - YAY!!!!!! I made it!

HAPPY NEW YEAR!!!!!
Due to a nice December bonus and some market movements I could make my 2021 goal (and a little more)! So happy to have crossed the EUR 35K line. Now up to 2022 goal. This will be EUR 45K with a stretch goal to EUR 50K (which means I will be halfway on this challenge!).

@Imma: too bad you just missed your goal. But being able to save while having these kind of unexpected expenses is quite an accomplishment!
@Ze Stash: this sounds like excellent results on your conversations with your boss. Happy to see that they value your input!
@Tass: YOU MADE IT!!!! Doing the happy dance for you!

All others: let's rock 2022 with a lot of graduations!
Title: Re: Race from 10 to 100k!!
Post by: regenaeb on January 03, 2022, 08:09:35 AM
11/30/20 - SEP Balance $ 15524.45 + Roth $ 1770.76 - Student loan balance $ 6897.45 = $ 10,397.76
12/30/20 - SEP Balance $ 16106.09 + Roth $ 1813.94 - Student loan balance $ 6306.71 = $ 11,613.32
01/29/21 - SEP + Roth $ 20,139.02 - Student loan balance $ 5,316.32 = $ 14,822.70
02/28/21 - SEP + Roth $ 21,680.41 - Student loan balance $ 4,000.15 = $ 17,680.26
03/31/21 - SEP + Roth $ 22,823.38 - Student loan balance $ 2,994.55 = $ 19,828.83
04/27/21 - SEP + Roth $ 24,365.29 - Student loan balance $ 1,699.29 = $ 22,666.00
05/31/21 - SEP + Roth $ 25,063.59 - Student loan balance $ 0 = $ 25,063.59 - Student loan is paid off!!!
8/21/21 - SEP + Roth $ 27,113.71
9/30/21 - SEP + Roth $ 27,063.71
10/29/21 - SEP + Roth $ 29,254.43
11/30/21 - SEP + Roth $ 30,055.54
12/31/21 - SEP + Roth $ 31,239.32

Reached my 2021 goal of being at $30K. Hoping for a great year in 2022. Goal to be at $50k by the end of 2022.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on January 25, 2022, 02:47:07 AM
My N/W grew by £2,846.97 to a new total of £54,453.44.
My N/W grew by £1,721.56 to a new total of £56,175.
My N/W grew by £2,262.53 to a new total of £58,437.53.
My N/W grew by £3,196.03 to a new total of £61,633.56.
My N/W grew by £2,080.14 to a new total of £63,713.70.

January update:

My N/W grew by £189.35 to a new total of £63,903.05.

Not the best progress, but it's a great time to buy more stocks.
Title: Re: Race from 10 to 100k!!
Post by: theleanist on January 25, 2022, 06:18:40 PM
Hi everyone,
 
My updated figures for January. I purchased 17 units of S&P500 (VUSA) this month for a total price of €1,244

The below figures show the value of my investments in the S&P500 (VUSA) excluding tax on profits - 41% in Ireland.

Jan 17 - €0
Jan 18 - €7,576
Jan19 - €17,310
Jan 20 - €19,455

Jan  21 - €27,122
Feb 21 - €27,122
Mar 21 - €32,712
Apr 21 - €35,401
May 21 - €36,474
Jun 21 - €39,160
July 21 - €41,034
Aug 21 - €42,882
Sep 21 - €43,667
Oct 21 - €46,022
Nov 21 - €47,832
Dec 21 - €50,091
Jan 22 - €48,799

My investment goal for 2022
I purchased almost €14K of the S&P in 2021. This was really good going, but was helped by Covid – I went nowhere so spent nothing! I don’t expect I’ll have such a frugal year in 2022. I do want to keep the momentum going however. My aim for 2022 is to purchase at least €12k of the S&P during the year.
Title: Re: Race from 10 to 100k!!
Post by: comicguy on January 26, 2022, 04:19:11 AM
Just graduated from Race to 10K thread. Looking forward to continuing my journey here now. I am just tracking my round up account and taxable investment account to see what I can do with "extra" money. I don't expect to grow quickly but grow never the less. (My wife and I have pension plans through our employers, I also have a 403b, she has a 457 also through our employers, and each have a Roth as well, so no real worries for retirement at this time) This is just another income stream for retirement!

As of today:

01/26/22  Round Up 642.33  Investment 9911.44  Total 10553.77
Title: Re: Race from 10 to 100k!!
Post by: Manchester on January 26, 2022, 07:24:22 AM
Just graduated from Race to 10K thread. Looking forward to continuing my journey here now. I am just tracking my round up account and taxable investment account to see what I can do with "extra" money. I don't expect to grow quickly but grow never the less. (My wife and I have pension plans through our employers, I also have a 403b, she has a 457 also through our employers, and each have a Roth as well, so no real worries for retirement at this time) This is just another income stream for retirement!

As of today:

01/26/22  Round Up 642.33  Investment 9911.44  Total 10553.77

Congrats.  Welcome to the next race.   

If your experience is similar to mine, the speed of 'growth' will accelerate.  Your extra money should start to snowball as your investments increase.

The challenge here is to remain disciplined for (normally) a few years.  As your N/W rises, temptation starts kicking in.  Lifestyle inflation creeps up on you.  My N/W is only just over £60k now and I frequently have to reign in my brain - otherwise, I'd spend money like it was going out of fashion on random things I don't need/want.
Title: Re: Race from 10 to 100k!!
Post by: Serendip on January 28, 2022, 01:18:08 PM
Welcome @comicguy, sounds like you have some good plans in place for your savings. I've been in this thread for years but it is satisfying to see the eventual progress :)

Dec '17    18,146
Jan '18     23,607
Dec '18    48,380
Dec '19    60,746

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

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

Dec ‘21   84,800
Jan '22   83,500

*a bit disappointing but I had almost 3 weeks off of work due to illness so didn't bring in any money (I'm a contractor). Thankful that I kept it to this minor loss and hopefully things can climb from here. Need to work on my keeping my spending low (this month I did but it helped me realize how I've gotten into the habit of more casual spending/buying which I really can't afford). I would like to rebuild my EF as well since that was accessed this past year. 
Title: Re: Race from 10 to 100k!!
Post by: regenaeb on January 31, 2022, 07:09:03 AM
11/30/20 - SEP Balance $ 15524.45 + Roth $ 1770.76 - Student loan balance $ 6897.45 = $ 10,397.76
12/30/20 - SEP Balance $ 16106.09 + Roth $ 1813.94 - Student loan balance $ 6306.71 = $ 11,613.32
01/29/21 - SEP + Roth $ 20,139.02 - Student loan balance $ 5,316.32 = $ 14,822.70
02/28/21 - SEP + Roth $ 21,680.41 - Student loan balance $ 4,000.15 = $ 17,680.26
03/31/21 - SEP + Roth $ 22,823.38 - Student loan balance $ 2,994.55 = $ 19,828.83
04/27/21 - SEP + Roth $ 24,365.29 - Student loan balance $ 1,699.29 = $ 22,666.00
05/31/21 - SEP + Roth $ 25,063.59 - Student loan balance $ 0 = $ 25,063.59 - Student loan is paid off!!!
8/21/21 - SEP + Roth $ 27,113.71
9/30/21 - SEP + Roth $ 27,063.71
10/29/21 - SEP + Roth $ 29,254.43
11/30/21 - SEP + Roth $ 30,055.54
12/31/21 - SEP + Roth $ 31,239.32

1/31/22 - SEP+401K+Roth $ 30,322.94

Wow, accounts took a hit this month with the market dip. Still added $1k in contributions for the month, but balance is below end of year 2021. Just keep buying while on sale and hope for a rise throughout the year. We shall see what the next month brings. I opened a new solo 401k for this year, this will allow me to put a lot more into retirement savings this year. My goal is to double my 2021 contribution in the new solo 401k account. Currently in the process of rolling the SEP into the new 401k.
Title: Re: Race from 10 to 100k!!
Post by: Rimu05 on January 31, 2022, 09:47:28 AM
I just graduated the Race to 10K thread so joining this one. :)

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


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

Total -  10,073

Monthly update:

Student loan - ($24,307.94)



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

Total -  14,548

Two months later:

Student loan - ($24,307.94)



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

Total -  17,843.27

I haven't updated in a while but

Student loan - ($23,760.22)



Savings - $7300
HSA - $2955.58
Checking - $560.68
401K - $52,816.33
Roth IRA - $1,514.2

Total -  40,699.37

Goals this year: To tackle my student loans while they are at 0%. Hoping to get them to $10,000.

Haven’t posted in a while but Current net worth: $64,069. Felt I stopped caring about spending this year. Spent a lot of money on a cosmetic procedure, and also moved to a HCOL state. My net worth should be $20,000 higher but no regrets here.

color=blue]Savings - $8,000
HSA - $2268
Checking - $500
401K - $71,112
Roth IRA - $1,864[/color]

DEBT: 21,991.

I've had a very spendy January due to going on vacation and people visiting. Also got glasses and contacts

Networth: 65,500.43 (Went down by $4000 due to market and a spendy January.)

Savings - $2,025
HSA - $4637
Checking - $300
401K - $73,204
Roth IRA - $2,014

ASSETS: 82,181


Affirm loan from couch purchase - 1797.57
Credit card - 883
Student Loan - $14,000

DEBT: 16,6805.57

Goals - Still the same, hope to be debt free this year. Depending on market, may or may not graduate thread this year.
Title: Re: Race from 10 to 100k!!
Post by: Imma on January 31, 2022, 10:48:28 AM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October 2019: €11128.59
November 2019: €11227,46
December 2019: €11991,27
January 2020: €12576,72
February 2020: €11904,39
March 2020: €10425,32
April 2020: €11830,70
May 2020: €12154,67
June 2020: €14634,19
July 2020: €15345,09
August 2020: €16444,46
September 2020: €17108,60
October 2020: €16687,93
November 2020: €17762,62
December 2020: €19386,94
January 2021: €20649.69
February 2021: €22021,64
March 2021: €22763,55
April 2021: €23866,70
May 2021: €25689.77
June 2021: €25659.61
July 2021: €26434.48
August 2021: €28512.33
September 2021: €29243.37
October 2021: €30357,48
November 2021: €32537,78
December 2021: €33194,68
January 2022: €32912,87

Goals for 2022:
Savings: €15.000
Investments: €30.000

Still contributed my regular amount to investments but the value dropped so much that the balance today was still lower than on Jan 1st.  Paid some big bills in full this month so didn't really save much other than my regular contributions to my accounts.

I don't know how things are in the US but inflation is killing us here. The fixed rate contract with our energy supplier runs out this month and we're expecting our new rate / monthly payment to be more than twice as high as what we currently pay. We're going from €75 to €175 / month and this isn't even a bad deal. The price of natural gas has just exploded. We are already frugal with energy but will have to become even more frugal. We set the heat at 18C now (64F) but we'll try to get it down a bit lower. But I have several health issues, including chronic severe iron deficiency and I get Raynaud's phenomenon quite often so I'm not sure how much lower I can go while still being comfortable enough to work. We've been planning on doing some necessary maintenance on our home that would include a lot of additional insulation but it's extremely difficult to find someone to do it in this weird economy. No companies are willing to give us quotes because by the time they'll have the manpower to do the work, a few months from now, the cost might a be a lot higher. I don't blame them, but I'm also not going to sign a contract for a big job that does not include a price (like some companies proposed).

It's the same story for health insurance and groceries. We are frugal, grew up low income, we know how to cook cheaply. But prices have just exploded. Thankfully we are well-off enough that we don't have to compromise on quality but it does mean we'll have to spend more every month. Our joint income went up by about €100 a month but that only covers the higher energy bill.

This may sound a bit like a complainypants rant, but we're waaaay more lucky than most people. In my job I have a fixed annual raise and a yearly cost-of-living increase, and the worse the economy is the better my employer is doing. And we bought this house when we were early 20s and earning a third of what we earn now. So we'll be fine. But we see all around us that consumer prices are going up very fast, the fastest probably since we switched to Euro in 2002, while wages haven't been keeping up for years, and most pensions have not gone up since 2008.

Right now our country's alternative to social security still goes up every year, it's raised the same % as minimum wage is, but to cut costs the government has proposed to end that. Our parents can still pay their bills, but they're also all at an age where they had expected to be retired & they aren't. They've all worked and saved for retirement for 50 years only to find out they'll probably have to keep working for as long as they physically can so they have some spending money.
Title: Re: Race from 10 to 100k!!
Post by: CTEC_Stache on January 31, 2022, 01:06:58 PM
I just posted in the $250k - $500k thread (if you include my pension I am just over $250k. However, if you exclude my pension (sometimes I do, it depends on how I'm calculating) I fit into this thread. So here goes! I am 31 and I only started tracking liquid assets about half a year ago. The numbers have fluctuated quite a bit due to having my first kid and spending some cash reserves on medical expenses for the birth as well as his baptism party and funding a portion of his 529.

            2021           2022
JAN          -              $51,061
FEB          -
MAR         -
APR         -
MAY         -
JUN         -
JUL        $61,529
AUG       $50,910
SEP        $50,508
OCT       $54,173
NOV       $53,802
DEC       $51,533
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on January 31, 2022, 01:48:12 PM
January 2021 - $53,423
February 2021 - $54,304
March 2021 - $58,321
April 2021 - $61,745
May 2021 - $62,978
June 2021 - $62,595
July 2021 - $64,082
August 2021 - $66,248
September 2021 - $64,221
October 2021 - $67,968
November 2021- $67,412
December 2021 - $70,758

January 2022 - $67,992

And I'm back outta the 70s.  Well, that's depressing!  My 401K is back to summer 2021 numbers.  Geez. 

@Imma things are pretty crazy over here in the US too.  My heating bills are much bigger than last winter and the price of groceries is terrible!  I also have Raynaud's so staying warm in the winter is tough. 
Title: Re: Race from 10 to 100k!!
Post by: Tass on January 31, 2022, 02:04:37 PM
201720182019202020212022
January$12.1k$24.7k$49.0k$76.2k$95.4k
February$13.6k$27.2k$46.5k$79.0k
March$15.1k$29.3k$42.7k$82.6k
April$16.6k$31.3k$47.5k$87.3k
May$17.7k$31.5k$50.6k$88.2k
June$18.5k$33.3k$53.5k$90.3k
July$6.2k$20.2k$35.1k$58.5k$92.0k
August$6.8k$20.8k$36.7k$63.0k$94.4k
September   $8.2k$22.2k$38.6k$63.2k$93.1k
October$9.0k$21.7k$40.2k$62.9k$97.1k
November$9.9k$22.5k$42.6k$69.9k$95.1k
December$11.1k   $22.4k   $44.6k   $75.0k   $100.3k

I guess I really missed you guys. ;)
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on February 01, 2022, 12:21:23 AM
Tracking investments, emergency fund and additional pension investments (all to be used to retire together with SO!)
(not tracking company pension investments, house value and current accounts / special project savings)

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

31 January 2022: EUR 36,735

(2022 goal: EUR 45-50K)

Yes……also a downwards movement here, although I did do my regular contributions. All due to markets.
@Imma: I hear you on inflation and heating. We also received notice from our heating company that they will increase the monthly prepayment with 50%! Since we are on the public heating system, we cannot change suppliers…..
Fortunately we can still easily pay for it, but it really feels that our salary increases did not result in additional savings. We try to teach the kids to be frugal with money, but now also with energy-usage. It’s a challenge with two teens in the house.
Title: Re: Race from 10 to 100k!!
Post by: Lomonossov on February 01, 2022, 03:43:30 AM
Hey all!

I find motivating to see how great is in general people doing, I think I'll start reporting as well. I started tracking my NW Jul'20. I bought a property on Jan'20, when fires in Australia were the worst thing that had happened in a very long time.

Anyway, here go the numbers: the column in the right does not consider my house - as asset, mortgage also excluded -, the left does include both. I do have accounts in several currencies but everything is consolidated in EUR:

              NW   Liquid NW
Jul-20   47,328 €   19,245 €
Aug-20   49,579 €   21,248 €
Sep-20   52,077 €   23,491 €
Oct-20   55,935 €   27,097 €
Nov-20   58,368 €   29,322 €
Dec-20   60,712 €   31,332 €
Jan-21   63,592 €   33,828 €

Goal for 2021: take the right column to 50k!

Not the most active member of this forum, but I wanted to report how 2021 went. We had a frugal wedding and an even more frugal honeymoon. Other than that, the inflation and the exchange rate is starting to kill us in my non-Euro Eastern Europe country. Hard to know what do do, we will be postponing some big ticket items for a year or so, and maybe try to buy more EUR to protect ourselves from our local inflation.

              NW   Liquid NW
Jan-21   63,592 €   33,828 €
Jan-22   95,159 €   62,238 €

That was a nice progress. Hopefully I'll graduate from this thread in March, when I get my bonus, if any.

Keep it up, people!
Title: Re: Race from 10 to 100k!!
Post by: Manchester on February 01, 2022, 04:37:32 AM
@Imma

Our gas prices have doubled.  Our food shop has increased in price by around 10-15% too.

It all adds up.  I'm grateful that I've built up my N/W to a comfortable point.  If this had happened 5 years ago I'd have really struggled.

Title: Re: Race from 10 to 100k!!
Post by: Imma on February 01, 2022, 08:33:10 AM
@Imma

Our gas prices have doubled.  Our food shop has increased in price by around 10-15% too.

It all adds up.  I'm grateful that I've built up my N/W to a comfortable point.  If this had happened 5 years ago I'd have really struggled.

This is absolutely true for us too. 5 years ago my N/W was a couple of thousand euro, and we were earning maybe €1200 after taxes each. We would have had to cut back significantly on our expenses. And from what I've seen in supermarkets, it's mainly the staples that are becoming much more expensive, not really the luxury food. Coffee beans are maybe €0,50 more expensive per bag but some value range products are disappearing entirely.

I grew up in a working class household, I had no idea it was even possible to earn what I'm earning now (not 6 figures or something, but as of 2021 officially above average for the first time) and I've learned a lot about increasing income from the MMM forum. If we hadn't increased our income and our savings rate, and had just gotten cost of living raises, then we'd have been "working poor" by now.
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on February 01, 2022, 09:44:07 AM
                       2018                2019                2020                2021                2022               
January$6,455-$14,460$34,473$77,625
February--$14,991$36,257$83,384
March--$14,632$38,256-
April-$10,960$13,884$47,021-
May--$17,011$52,533-
June--$19,255$54,094-
July--$20,358$55,927-
August--$21,993$58,821-
September--$23,312$67,274-
October--$24,777$67,897-
November-$13,466$26,407$72,781-
December$9,518-$30,697$73,730-

Brute force growth of ~6k for the month by throwing 6k into my ROTH and ~3k into my 401K just in time for it to drop... I definitely wasn't market timing!
Title: Re: Race from 10 to 100k!!
Post by: catorbe on February 01, 2022, 01:44:26 PM
201720182019202020212022
January$12.1k$24.7k$49.0k$76.2k$95.4k
February$13.6k$27.2k$46.5k$79.0k
March$15.1k$29.3k$42.7k$82.6k
April$16.6k$31.3k$47.5k$87.3k
May$17.7k$31.5k$50.6k$88.2k
June$18.5k$33.3k$53.5k$90.3k
July$6.2k$20.2k$35.1k$58.5k$92.0k
August$6.8k$20.8k$36.7k$63.0k$94.4k
September   $8.2k$22.2k$38.6k$63.2k$93.1k
October$9.0k$21.7k$40.2k$62.9k$97.1k
November$9.9k$22.5k$42.6k$69.9k$95.1k
December$11.1k   $22.4k   $44.6k   $75.0k   $100.3k

I guess I really missed you guys. ;)

Unofficially I was racing you to 100,000. I hit about $96,700 just before things started plummeting down. I hit a "low" of about $82,000 as the majority of my net worth is invested in stocks, and I'm climbing back up and out of that hole. I'm still in the upper 80s, but I hope to climb past 100,000 in the next couple of months if there's any sort of bounce back to the last month. Otherwise just plug away!
Title: Re: Race from 10 to 100k!!
Post by: Serendip on February 01, 2022, 03:48:39 PM
@LittleWanderer @Imma
--slightly off topic but in case you are looking for anything to make cool houses more comfortable I use a heating pad which I swear by (Theratherm). Our house can be chilly, or I can be after being in the snow so I use it to heat my back/feet/etc.  My parents live in a log house with wood heat so I bought them one as well :) Stay cozy!
Title: Re: Race from 10 to 100k!!
Post by: Tass on February 02, 2022, 01:32:14 AM
Unofficially I was racing you to 100,000. I hit about $96,700 just before things started plummeting down. I hit a "low" of about $82,000 as the majority of my net worth is invested in stocks, and I'm climbing back up and out of that hole. I'm still in the upper 80s, but I hope to climb past 100,000 in the next couple of months if there's any sort of bounce back to the last month. Otherwise just plug away!

Sounds like you're still only half a step behind!
Title: Re: Race from 10 to 100k!!
Post by: triple7stash on February 02, 2022, 11:24:33 AM
Tracking investing in SPN (which doesn't include roth)

12/28/2020 - $62,783
1/28/2021 - $67,335.21
2/28/2021 - $69,404
3/28/2021 - $71,869
4/28/2021 - $77,861
5/31/2021 - $79,885
6/30/2021 - $82,843
7/28/2021 - $85,130
8/29/2021 - $87,558
9/30/2021 - $87,127
10/28/2021 - $92,699
11/28/2021 - $95,021
12/28/2021 - $96,703
2/2/2022 - $93,977
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on February 03, 2022, 08:39:47 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-   137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)
01/05/2021: 50.942,27 € (+   714,52 €)
01/06/2021: 45.969,23 € (- 4.973,04 €)
01/07/2021: 47.887,98 € (+1.918,75 €)
01/08/2021: 50.361,49 € (+2.473,51 €)
01/09/2021: 55.538,44 € (+5.176,95 €)
01/10/2021: 55.405,64 € (-    132,80 €)
01/11/2021: 62.397,76 € (+6.992,12 €)
01/12/2021: 62.957,50 € (+   559,74 €)
01/01/2022: 62.444,54 € (-    512,96 €)

01/02/2022: 57.130,55 € (-5.313,99 €)

Largest monthly drawdown so far, despite savings of roughly 1k €. Also the first time I'm down 2 months in a row. Some of it has recovered in the last 2 days already, but if it was up to me downturns this early during the accumulation phase could keep going for a bit longer. Obviously not hoping for seriouse downturns with all the cryziness going on right now etc. The raise actually materialized and should allow me to increase my average monthly savings by roughly 500 €.

Title: Re: Race from 10 to 100k!!
Post by: TyGuy on February 06, 2022, 02:17:25 PM
Student Loan Debt:

01/12/19: $43,762
05/04/20: $21,456
11/09/20: $21,456
05/04/21: $21,456
11/01/21: $21,456
12/01/21: $21,456
01/02/22: $21,456
02/02/22: $21,456 (Loans have remained in forbearance)


Net Worth:

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

Title: Re: Race from 10 to 100k!!
Post by: Manchester on February 22, 2022, 08:46:08 AM
My N/W grew by £2,846.97 to a new total of £54,453.44.
My N/W grew by £1,721.56 to a new total of £56,175.
My N/W grew by £2,262.53 to a new total of £58,437.53.
My N/W grew by £3,196.03 to a new total of £61,633.56.
My N/W grew by £2,080.14 to a new total of £63,713.70.
My N/W grew by £189.35 to a new total of £63,903.05.

Feb update:

My N/W grew by £2,046.07 to a new total of £65,949.12.

So it was quite a good month financially. 

I did have an accident which is going to cost me a few £'s.  I want to get an MRI scan which will determine if I need surgery or not, but my NHS Dr won't let me have one because my work is sedentary (despite having a very active lifestyle).  So if I pay to go private it will be a few hundred £s for a scan and a few thousand for the surgery - but I'd be willing to pay that to drastically reduce the chances of reoccurrence and be able to continue with my hobbies/lifestyle. 
Title: Re: Race from 10 to 100k!!
Post by: Serendip on February 25, 2022, 01:46:41 PM
Dec '17    18,146
Jan '18     23,607
Dec '18    48,380
Dec '19    60,746

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

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

Dec ‘21   84,800
Jan '22   83,500
Feb '22   86,900

New all-time high! My investments went up $500 today so let's see if it sticks :)

Have been trying to keep my spending down but we have been having all sorts of house & car issues arising. So I've picked up some extra work shifts so that I don't have to draw from here too much.

Also rebuilt my little $1000 EF (which I don't count here). And would like to build a small travel and canoe fund for the summer.
Title: Re: Race from 10 to 100k!!
Post by: comicguy on February 26, 2022, 12:26:05 PM


01/26/22  Round Up 642.33  Investment 9911.44   Total 10553.77
02/26/22  Round Up 752.42  Investment 12408.26 Total 13160.68
Title: Re: Race from 10 to 100k!!
Post by: regenaeb on February 28, 2022, 07:07:38 AM
8/21/21 - SEP + Roth $ 27,113.71
9/30/21 - SEP + Roth $ 27,063.71
10/29/21 - SEP + Roth $ 29,254.43
11/30/21 - SEP + Roth $ 30,055.54
12/31/21 - SEP + Roth $ 31,239.32

1/31/22 - SEP+401K+Roth $ 30,322.94
2/28/22 - 401K+Roth $ 30,620.77 (SEP-IRA rollover to 401K complete)

Still not back to my end of 2021 amount and don't expect to be for while with what is going on in the market/world. Just keep plugging away adding to the stash each week and buying funds like usual. Looking at the balance of my investments is depressing right now, but it is what it is, not in my control. Hoping for a better March.
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on February 28, 2022, 09:44:04 AM
                       2018                2019                2020                2021                2022               
January$6,455-$14,460$34,473$77,625
February--$14,991$36,257$83,384
March--$14,632$38,256$85,694
April-$10,960$13,884$47,021-
May--$17,011$52,533-
June--$19,255$54,094-
July--$20,358$55,927-
August--$21,993$58,821-
September--$23,312$67,274-
October--$24,777$67,897-
November-$13,466$26,407$72,781-
December$9,518-$30,697$73,730-

Still moving in the right direction, even if at half speed.. Every time I throw money in the market this year, it decides to drop a bit more. I'm taking my mind off the numbers as much as I can while still tracking. Currently, what's up with the sticky "l" key on my keyboard...
Title: Re: Race from 10 to 100k!!
Post by: triple7stash on February 28, 2022, 12:26:34 PM
Tracking investing in SPN (which doesn't include roth)

12/28/2020 - $62,783
1/28/2021 - $67,335.21
2/28/2021 - $69,404
3/28/2021 - $71,869
4/28/2021 - $77,861
5/31/2021 - $79,885
6/30/2021 - $82,843
7/28/2021 - $85,130
8/29/2021 - $87,558
9/30/2021 - $87,127
10/28/2021 - $92,699
11/28/2021 - $95,021
12/28/2021 - $96,703
2/2/2022 - $93,977
2/28/2022 - $91,712
Title: Re: Race from 10 to 100k!!
Post by: RNfi2021 on February 28, 2022, 12:45:28 PM
Dec 2017- ~7000
Dec 2018- ~8000
Dec 2019- ~12000
Dec 2020- ~18000
Jun 2021- 19883.72
Jul 2021- 21574.92
Aug 2021-25731.53
Sep 2021- 32633.08
Oct 2021- 42008.1
Nov 2021- 53009.99
Dec 2021- 59100.38
Jan 2022- 71195.56
Feb 2022- 78553.92
Mar 2022- 86920.79

Went to community college from 17-19, worked part time and covered my tuition. Went to University from 19-21, luckily my parents covered the university tuition. Didn't know FIRE, but I was a good saver. My net worth took a big jump on the years that I didn't have to pay tuition. Graduated spring 2021; and discovered FIRE and investing. Have a car that is paid off, but I didn't count that in.
Title: Re: Race from 10 to 100k!!
Post by: Tass on February 28, 2022, 10:43:47 PM
201720182019202020212022
January$12.1k$24.7k$49.0k$76.2k$95.4k
February$13.6k$27.2k$46.5k$79.0k$95.0k
March$15.1k$29.3k$42.7k$82.6k
April$16.6k$31.3k$47.5k$87.3k
May$17.7k$31.5k$50.6k$88.2k
June$18.5k$33.3k$53.5k$90.3k
July$6.2k$20.2k$35.1k$58.5k$92.0k
August$6.8k$20.8k$36.7k$63.0k$94.4k
September   $8.2k$22.2k$38.6k$63.2k$93.1k
October$9.0k$21.7k$40.2k$62.9k$97.1k
November$9.9k$22.5k$42.6k$69.9k$95.1k
December$11.1k   $22.4k   $44.6k   $75.0k   $100.3k

Basically just twiddling my thumbs here...

My priorities have not been on savings recently and you can tell.
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on March 01, 2022, 01:55:43 AM
Tracking investments, emergency fund and additional pension investments (all to be used to retire together with SO!)
(not tracking company pension investments, house value and current accounts / special project savings)

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

31 January 2022: EUR 36,735
28 February 2022: EUR 36,356

(2022 goal: EUR 45-50K)

Despite the regular investments and savings, the amount went down thanks to the markets. No major amounts (since I still keep a decent amount of cash), but not very motivating...... However, I'm positive that it will go up again after things will settle down here in Europe, whether it is this year or next. We're in this for the long run!
 
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on March 01, 2022, 07:09:42 AM
February 2021 - $54,304
March 2021 - $58,321
April 2021 - $61,745
May 2021 - $62,978
June 2021 - $62,595
July 2021 - $64,082
August 2021 - $66,248
September 2021 - $64,221
October 2021 - $67,968
November 2021- $67,412
December 2021 - $70,758
January 2022 - $67,992

February 2022 - $69,486

Honestly, I expected that to be way worse based on the number my 401K was at last week. 
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on March 02, 2022, 09:30:49 AM
Student Loan Debt:

01/12/19: $43,762
05/04/20: $21,456
11/09/20: $21,456
05/04/21: $21,456
11/01/21: $21,456
12/01/21: $21,456
01/02/22: $21,456
02/02/22: $21,456
03/02/22: $21,456 (Loans have remained in forbearance)


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739
06/05/20: $18,006 ($7,267)
07/05/20: $8,594 (-$9,412)
08/05/20: $9,084 ($490)
09/01/20: $13,497 ($4,413)
10/01/20: $12,283 (-$1,214)
11/01/20: $15,692 ($3,409)
12/05/20: $19,528 ($3,836)
01/01/21: $21,735 ($2,207)
02/03/21: $21,870 ($135)
03/01/21: $23,417 ($1,547)
04/02/21: $33,080 ($9,663)
05/04/21: $36,424 ($3,344)
06/01/21: $39,976 ($3,552)
07/03/21: $47,349 ($7,373)
08/02/21: $52,292 ($5,044)
09/02/21: $57,319 ($5,027)
10/01/21: $58,555 ($1,236)
11/01/21: $60,397 ($1,842)
12/01/21: $59,891 (-$506)
01/01/22: $63,049 ($3,148)
02/02/22: $64,213 ($1,164)
03/02/22: $69,640 ($5,427)
Title: Re: Race from 10 to 100k!!
Post by: Imma on March 02, 2022, 10:37:36 AM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October 2019: €11128.59
November 2019: €11227,46
December 2019: €11991,27
January 2020: €12576,72
February 2020: €11904,39
March 2020: €10425,32
April 2020: €11830,70
May 2020: €12154,67
June 2020: €14634,19
July 2020: €15345,09
August 2020: €16444,46
September 2020: €17108,60
October 2020: €16687,93
November 2020: €17762,62
December 2020: €19386,94
January 2021: €20649.69
February 2021: €22021,64
March 2021: €22763,55
April 2021: €23866,70
May 2021: €25689.77
June 2021: €25659.61
July 2021: €26434.48
August 2021: €28512.33
September 2021: €29243.37
October 2021: €30357,48
November 2021: €32537,78
December 2021: €33194,68
January 2022: €32912,87
February 2022: €33483,33

Goals for 2022:
Savings: €15.000
Investments: €30.000

Still moving in the right direction, with everything that's going on. Kind of surprised about that.
Title: Re: Race from 10 to 100k!!
Post by: TheSwedishGirl on March 04, 2022, 07:41:41 AM
Hi everyone,

This will be my first post ever on the MMM forum! I have been stalking this page for a while and am finally mustering up the courage to post here myself.

Short introduction: 36 y/o woman from Sweden. Current after tax income per month is $3250, aiming to save $1000 per month. I need approx. $600-650.000 to FIRE which according to calculations will take me 17 years...! Hoping to be able to FIRE earlier than that though!

Financial goals for 2022 is to invest $6000 and save $4000 for my wedding next year.

Current investments & savings (not including retirement):

March 2022: $12.254
Title: Re: Race from 10 to 100k!!
Post by: LobsterLuke on March 04, 2022, 09:42:27 AM
Hey everyone! So excited to make it to this thread finally. Here are my numbers as of this morning.

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

For context, I'm 27, single, and about to graduate college. Super inspired by y'all.

Title: Re: Race from 10 to 100k!!
Post by: Trifle on March 05, 2022, 04:16:56 AM
Hi everyone,

This will be my first post ever on the MMM forum! I have been stalking this page for a while and am finally mustering up the courage to post here myself.

Short introduction: 36 y/o woman from Sweden. Current after tax income per month is $3250, aiming to save $1000 per month. I need approx. $600-650.000 to FIRE which according to calculations will take me 17 years...! Hoping to be able to FIRE earlier than that though!

Financial goals for 2022 is to invest $6000 and save $4000 for my wedding next year.

Current investments & savings (not including retirement):

March 2022: $12.254

Welcome to the forum @TheSwedishGirl!   Those are great goals.  Congrats on your upcoming wedding!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on March 05, 2022, 04:17:48 AM
Hey everyone! So excited to make it to this thread finally. Here are my numbers as of this morning.

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

For context, I'm 27, single, and about to graduate college. Super inspired by y'all.

Congrats @LobsterLuke and welcome to the next thread! 
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on March 07, 2022, 09:32:52 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-   137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)
01/05/2021: 50.942,27 € (+   714,52 €)
01/06/2021: 45.969,23 € (- 4.973,04 €)
01/07/2021: 47.887,98 € (+1.918,75 €)
01/08/2021: 50.361,49 € (+2.473,51 €)
01/09/2021: 55.538,44 € (+5.176,95 €)
01/10/2021: 55.405,64 € (-    132,80 €)
01/11/2021: 62.397,76 € (+6.992,12 €)
01/12/2021: 62.957,50 € (+   559,74 €)
01/01/2022: 62.444,54 € (-    512,96 €)
01/02/2022: 57.130,55 € (- 5.313,99 €)

01/03/2022: 59.780,50 € (2.649,95 €)

Pretty large swings in the last months. By today most of the gains are gone again due to the war. Had some extra spending because of a trip in early February, which feels like a million years ago now, and because of donations. I'm finding it really hard to focus on work, savings and other long-term goals in general when so close to us thousands of people are killed and millions of people see everything they've worked for their whole lives destroyed in days.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on March 22, 2022, 06:04:43 AM
My N/W grew by £2,846.97 to a new total of £54,453.44.
My N/W grew by £1,721.56 to a new total of £56,175.
My N/W grew by £2,262.53 to a new total of £58,437.53.
My N/W grew by £3,196.03 to a new total of £61,633.56.
My N/W grew by £2,080.14 to a new total of £63,713.70.
My N/W grew by £189.35 to a new total of £63,903.05.
My N/W grew by £2,046.07 to a new total of £65,949.12.

March Update:

My N/W grew by £2,489.81 to a new total of £68,438.93.

I think the markets must have rebounded quite a bit.  I just did my usual investments and actually had a very expensive month.  I spent a lot on eating out (First baby due next month, so me and DW are going on as many dates as we can) and I paid for a private consultation about my injury.  The consultation and the scan I needed cost me £1,250.  I have to have a £7k surgery, but fortunately, the Dr. I saw was more than happy to put me on his NHS waiting list so I should get it for free (but I will have to wait a few months before). 

It was an expensive accident! 
Title: Re: Race from 10 to 100k!!
Post by: Rimu05 on March 22, 2022, 03:00:47 PM
I just graduated the Race to 10K thread so joining this one. :)

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


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

Total -  10,073

Monthly update:

Student loan - ($24,307.94)



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

Total -  14,548

Two months later:

Student loan - ($24,307.94)



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

Total -  17,843.27

I haven't updated in a while but

Student loan - ($23,760.22)



Savings - $7300
HSA - $2955.58
Checking - $560.68
401K - $52,816.33
Roth IRA - $1,514.2

Total -  40,699.37

Goals this year: To tackle my student loans while they are at 0%. Hoping to get them to $10,000.

Haven’t posted in a while but Current net worth: $64,069. Felt I stopped caring about spending this year. Spent a lot of money on a cosmetic procedure, and also moved to a HCOL state. My net worth should be $20,000 higher but no regrets here.

color=blue]Savings - $8,000
HSA - $2268
Checking - $500
401K - $71,112
Roth IRA - $1,864[/color]

DEBT: 21,991.

I've had a very spendy January due to going on vacation and people visiting. Also got glasses and contacts

Networth: 65,500.43 (Went down by $4000 due to market and a spendy January.)

Savings - $2,025
HSA - $4637
Checking - $300
401K - $73,204
Roth IRA - $2,014

ASSETS: 82,181


Affirm loan from couch purchase - 1797.57
Credit card - 883
Student Loan - $14,000

DEBT: 16,6805.57

Goals - Still the same, hope to be debt free this year. Depending on market, may or may not graduate thread this year.

Savings - $28.85
HSA - $5981.34
Checking - $436.92
401K - $82,793.95
Roth IRA - $2,014

ASSETS: 91,255.46


Affirm loan from couch purchase - 1,029.64
Credit card - 2,385.41
Student Loan - $0 (Officially paid off this month)

DEBT: 3,415.05

Networth: 87,840.41
Title: Re: Race from 10 to 100k!!
Post by: comicguy on March 25, 2022, 03:48:01 AM
March update: a good jump!

01/26/22  Round Up 642.33  Investment  9911.44  Total 10553.77
02/26/22  Round Up 752.42  Investment 12408.26 Total 13160.680
03/25/22  Round UP 897.57  Investment 17291.64 Total 18189.21
Title: Re: Race from 10 to 100k!!
Post by: LobsterLuke on March 28, 2022, 01:23:55 PM
I just graduated the Race to 10K thread so joining this one. :)

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


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

Total -  10,073

Monthly update:

Student loan - ($24,307.94)



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

Total -  14,548

Two months later:

Student loan - ($24,307.94)



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

Total -  17,843.27

I haven't updated in a while but

Student loan - ($23,760.22)



Savings - $7300
HSA - $2955.58
Checking - $560.68
401K - $52,816.33
Roth IRA - $1,514.2

Total -  40,699.37

Goals this year: To tackle my student loans while they are at 0%. Hoping to get them to $10,000.

Haven’t posted in a while but Current net worth: $64,069. Felt I stopped caring about spending this year. Spent a lot of money on a cosmetic procedure, and also moved to a HCOL state. My net worth should be $20,000 higher but no regrets here.

color=blue]Savings - $8,000
HSA - $2268
Checking - $500
401K - $71,112
Roth IRA - $1,864[/color]

DEBT: 21,991.

I've had a very spendy January due to going on vacation and people visiting. Also got glasses and contacts

Networth: 65,500.43 (Went down by $4000 due to market and a spendy January.)

Savings - $2,025
HSA - $4637
Checking - $300
401K - $73,204
Roth IRA - $2,014

ASSETS: 82,181


Affirm loan from couch purchase - 1797.57
Credit card - 883
Student Loan - $14,000

DEBT: 16,6805.57

Goals - Still the same, hope to be debt free this year. Depending on market, may or may not graduate thread this year.

Savings - $28.85
HSA - $5981.34
Checking - $436.92
401K - $82,793.95
Roth IRA - $2,014

ASSETS: 91,255.46


Affirm loan from couch purchase - 1,029.64
Credit card - 2,385.41
Student Loan - $0 (Officially paid off this month)

DEBT: 3,415.05

Networth: 87,840.41
Big congrats on paying off the student loans! That probably feels amazing

Sent from my SM-G965U using Tapatalk

Title: Re: Race from 10 to 100k!!
Post by: Rimu05 on March 28, 2022, 01:31:09 PM

[/quote]Big congrats on paying off the student loans! That probably feels amazing

Sent from my SM-G965U using Tapatalk
[/quote]

It feels almost unreal. I don't have to wake up every morning to thousands of dollars of debt. First time, I feel like I have no financial burdens.
Title: Re: Race from 10 to 100k!!
Post by: triple7stash on March 28, 2022, 07:41:16 PM
Tracking investing in SPN (which doesn't include roth)

12/28/2020 - $62,783
1/28/2021 - $67,335
2/28/2021 - $69,404
3/28/2021 - $71,869
4/28/2021 - $77,861
5/31/2021 - $79,885
6/30/2021 - $82,843
7/28/2021 - $85,130
8/29/2021 - $87,558
9/30/2021 - $87,127
10/28/2021 - $92,699
11/28/2021 - $95,021
12/28/2021 - $96,703
2/2/2022 - $93,977
2/28/2022 - $91,712
3/28/2022 - $96,748
Title: Re: Race from 10 to 100k!!
Post by: Serendip on March 29, 2022, 02:06:10 PM
Dec '17    18,146
Jan '18     23,607
Dec '18    48,380
Dec '19    60,746

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

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

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

*also paid $2000 onto a LOC which feels great. Some travel expenses coming up but thankfully things feel manageable and am looking forward to breaking $100k sometime late this year.
Title: Re: Race from 10 to 100k!!
Post by: regenaeb on March 31, 2022, 08:17:40 AM
8/21/21 - SEP + Roth $ 27,113.71
9/30/21 - SEP + Roth $ 27,063.71
10/29/21 - SEP + Roth $ 29,254.43
11/30/21 - SEP + Roth $ 30,055.54
12/31/21 - SEP + Roth $ 31,239.32

1/31/22 - SEP+401K+Roth $ 30,322.94
2/28/22 - 401K+Roth $ 30,620.77 (SEP-IRA rollover to 401K complete)
3/31/22 - 401K + Roth $ 32,862.61

A little better this month. Planning on doing a minimal spend month in April. I like to set a goal of only a certain amount of days I spend money in the month. When I say spending I mean not necessary spending. Spring is in the air and I need to go through my kids clothing from last year to see what needs purchased for upcoming summer, they most likely have grown out of all of last summers shorts/shirts and probably also grew out of swimsuits. I think they are maxing out in growth at this point, they will be 14 in July and are girls, so they should be about done. I am going to really try not to buy any new clothing in April if possible and hold off until May. We live in New England, so they should not need shorts/swimwear until at least mid May. Wish me luck on the minimal spend month. Oh and to make this official, I am shooting for only spending 7 days out of 30 for the month and only when I absolutely have to, like to buy gas for the car. Food/housing/utilities come out of hubby's check. My check is for retirement/savings/vacations/kids activities/clothing.
Title: Re: Race from 10 to 100k!!
Post by: Lomonossov on March 31, 2022, 02:15:33 PM
Not the most active member of this forum, but I wanted to report how 2021 went. We had a frugal wedding and an even more frugal honeymoon. Other than that, the inflation and the exchange rate is starting to kill us in my non-Euro Eastern Europe country. Hard to know what do do, we will be postponing some big ticket items for a year or so, and maybe try to buy more EUR to protect ourselves from our local inflation.

              NW   Liquid NW
Jan-21   63,592 €   33,828 €
Jan-22   95,159 €   62,238 €

That was a nice progress. Hopefully I'll graduate from this thread in March, when I get my bonus, if any.

Keep it up, people!

So this would be my graduation from this thread. Today I reached the goal of 100k.

              NW   Liquid NW
Jan-21   63,592 €   33,828 €
Jan-22   95,159 €   62,238 €
Mar-22     101,164€    67,975€

All the best to you, I hope you reach the goal soon as well!
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on March 31, 2022, 02:36:32 PM
March 2021 - $58,321
April 2021 - $61,745
May 2021 - $62,978
June 2021 - $62,595
July 2021 - $64,082
August 2021 - $66,248
September 2021 - $64,221
October 2021 - $67,968
November 2021- $67,412
December 2021 - $70,758
January 2022 - $67,992
February 2022 - $69,486

March 2022 - $73,422

Okay then.  That's...fun??
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on March 31, 2022, 10:38:31 PM
                       2018                2019                2020                2021                2022               
January$6,455-$14,460$34,473$77,625
February--$14,991$36,257$83,384
March--$14,632$38,256$85,694
April-$10,960$13,884$47,021$93,539
May--$17,011$52,533-
June--$19,255$54,094-
July--$20,358$55,927-
August--$21,993$58,821-
September--$23,312$67,274-
October--$24,777$67,897-
November-$13,466$26,407$72,781-
December$9,518-$30,697$73,730-

Title: Re: Race from 10 to 100k!!
Post by: Tass on March 31, 2022, 11:32:18 PM
201720182019202020212022
January$12.1k$24.7k$49.0k$76.2k$95.4k
February$13.6k$27.2k$46.5k$79.0k$95.0k
March$15.1k$29.3k$42.7k$82.6k$96.4k
April$16.6k$31.3k$47.5k$87.3k
May$17.7k$31.5k$50.6k$88.2k
June$18.5k$33.3k$53.5k$90.3k
July$6.2k$20.2k$35.1k$58.5k$92.0k
August$6.8k$20.8k$36.7k$63.0k$94.4k
September   $8.2k$22.2k$38.6k$63.2k$93.1k
October$9.0k$21.7k$40.2k$62.9k$97.1k
November$9.9k$22.5k$42.6k$69.9k$95.1k
December$11.1k   $22.4k   $44.6k   $75.0k   $100.3k

The market giveth, and the market taketh away. And other times the market barely moveth at all.
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on April 01, 2022, 01:39:51 AM
Tracking investments, emergency fund and additional pension investments (all to be used to retire together with SO!)
(not tracking company pension investments, house value and current accounts / special project savings)

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

31 January 2022: EUR 36,735
28 February 2022: EUR 36,356
31 March 2022: EUR 37,500

(2022 goal: EUR 45-50K)

Finally above the 2021 record high! It seems like the market did not move, however I did my regular investments.
Let's see if I can still reach my 2022 goal..... It is still doable (if I get at least a small bonus this year...... we will only know in December).

@LobsterLuke: welcome to the club. You did a great job coming here. Now up to the infamous 6 digit number we are all working towards.
@Rimu05: what a huge accomplishment! Having no debt hanging above your head is a perfect start to increase your investments.

Next month I'm expecting a little downwards amount, since we're planning on a nice trip to Italy. Really looking forward to the trip, but we're still trying to make it as mustachian as possible.
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on April 01, 2022, 07:11:45 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-   137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)
01/05/2021: 50.942,27 € (+   714,52 €)
01/06/2021: 45.969,23 € (- 4.973,04 €)
01/07/2021: 47.887,98 € (+1.918,75 €)
01/08/2021: 50.361,49 € (+2.473,51 €)
01/09/2021: 55.538,44 € (+5.176,95 €)
01/10/2021: 55.405,64 € (-    132,80 €)
01/11/2021: 62.397,76 € (+6.992,12 €)
01/12/2021: 62.957,50 € (+   559,74 €)
01/01/2022: 62.444,54 € (-    512,96 €)
01/02/2022: 57.130,55 € (- 5.313,99 €)
01/03/2022: 59.780,50 € (+2.649,95 €)

01/04/2022: 63.814,15 € (+4.033,65 €)

Another month in the right direction, goal for the end of the year is 75k €. Savings this month roughly 1,5 k€. Despite relatively constant savings in the last months NW volatility has been really high.
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on April 01, 2022, 12:20:02 PM
Student Loan Debt:

01/12/19: $43,762
05/04/20: $21,456
11/09/20: $21,456
05/04/21: $21,456
11/01/21: $21,456
12/01/21: $21,456
01/02/22: $21,456
02/02/22: $21,456
03/02/22: $21,456
04/01/22: $21,456 (Loans have remained in forbearance)


Net Worth:

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

Two good months in a row, with little market change, I'm on track to meet my goal of six-figures by years end! Stick with it y'all!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on April 03, 2022, 05:41:06 AM
So this would be my graduation from this thread. Today I reached the goal of 100k.

Congratulations @Lomonossov!  Well done!       

Not sure where you are in eastern Europe, but hope all is well with you and your family.   
Title: Re: Race from 10 to 100k!!
Post by: Lomonossov on April 04, 2022, 12:10:27 AM

Congratulations @Lomonossov!  Well done!       

Not sure where you are in eastern Europe, but hope all is well with you and your family.   

Thank you so much for the whishes and for asking!

We are located in Poland and, so far, doing well. The city is crowded with refugees and the news are very scary, but personally it has not hit us at all yet. Let's hope the conflict is contained where it is right now until its resolution.
Title: Re: Race from 10 to 100k!!
Post by: Imma on April 04, 2022, 12:26:16 AM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October 2019: €11128.59
November 2019: €11227,46
December 2019: €11991,27
January 2020: €12576,72
February 2020: €11904,39
March 2020: €10425,32
April 2020: €11830,70
May 2020: €12154,67
June 2020: €14634,19
July 2020: €15345,09
August 2020: €16444,46
September 2020: €17108,60
October 2020: €16687,93
November 2020: €17762,62
December 2020: €19386,94
January 2021: €20649.69
February 2021: €22021,64
March 2021: €22763,55
April 2021: €23866,70
May 2021: €25689.77
June 2021: €25659.61
July 2021: €26434.48
August 2021: €28512.33
September 2021: €29243.37
October 2021: €30357,48
November 2021: €32537,78
December 2021: €33194,68
January 2022: €32912,87
February 2022: €33483,33
March 2022: €32467,16

Goals for 2022:
Savings: €15.000
Investments: €30.000

Not a lot of movement, but in the current circumstances I suppose that's actually pretty good news.
Title: Re: Race from 10 to 100k!!
Post by: la Condessa on April 09, 2022, 07:41:25 AM
EF cash: $3,500

Vanguard Roth IRA: $7,517.95

Robinhood: $94.48

= $11,112.43

EF cash: $3,500

Vanguard Roth IRA: $9,310.32

Vanguard tIRA: $1,983.07

Robinhood: $209

= $15,002.39

EF : $3500

Roth IRA: $8,921.13
tIRA : $5,708.08
tIRA : $2,279.00

Robinhood : $239.28

=$17,146.49
Title: Re: Race from 10 to 100k!!
Post by: RNfi2021 on April 13, 2022, 12:29:25 PM
Dec 2017- ~7000
Dec 2018- ~8000
Dec 2019- ~12000
Dec 2020- ~18000
Jun 2021- 19883.72
Jul 2021- 21574.92
Aug 2021-25731.53
Sep 2021- 32633.08
Oct 2021- 42008.1
Nov 2021- 53009.99
Dec 2021- 59100.38
Jan 2022- 71195.56
Feb 2022- 78553.92
Mar 2022- 86920.79
April 2022- 101316.33!

Hit 100k exactly 1 year after graduating college. Worked my ass off to get as much OT as possible. No less than 100 hours per paycheck since September 2021! Moving onto the 250k race! Good luck fellas!
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on April 16, 2022, 09:13:29 AM
Dec 2017- ~7000
Dec 2018- ~8000
Dec 2019- ~12000
Dec 2020- ~18000
Jun 2021- 19883.72
Jul 2021- 21574.92
Aug 2021-25731.53
Sep 2021- 32633.08
Oct 2021- 42008.1
Nov 2021- 53009.99
Dec 2021- 59100.38
Jan 2022- 71195.56
Feb 2022- 78553.92
Mar 2022- 86920.79
April 2022- 101316.33!

Hit 100k exactly 1 year after graduating college. Worked my ass off to get as much OT as possible. No less than 100 hours per paycheck since September 2021! Moving onto the 250k race! Good luck fellas!

You blew this thread out of the water, see you on the next thread!
Title: Re: Race from 10 to 100k!!
Post by: Manchester on April 25, 2022, 04:20:17 AM
My N/W grew by £2,846.97 to a new total of £54,453.44.
My N/W grew by £1,721.56 to a new total of £56,175.
My N/W grew by £2,262.53 to a new total of £58,437.53.
My N/W grew by £3,196.03 to a new total of £61,633.56.
My N/W grew by £2,080.14 to a new total of £63,713.70.
My N/W grew by £189.35 to a new total of £63,903.05.
My N/W grew by £2,046.07 to a new total of £65,949.12.
My N/W grew by £2,489.81 to a new total of £68,438.93.

April Update:

My N/W grew by £2,948.26 to a new total of £71,387.19.

The markets did most of the heavy lifting.  It's nice to surpass the £70k threshold.
Title: Re: Race from 10 to 100k!!
Post by: triple7stash on April 28, 2022, 01:02:30 PM
Ouch…

Tracking investing in SPN (which doesn't include roth)

12/28/2020 - $62,783
1/28/2021 - $67,335
2/28/2021 - $69,404
3/28/2021 - $71,869
4/28/2021 - $77,861
5/31/2021 - $79,885
6/30/2021 - $82,843
7/28/2021 - $85,130
8/29/2021 - $87,558
9/30/2021 - $87,127
10/28/2021 - $92,699
11/28/2021 - $95,021
12/28/2021 - $96,703
2/2/2022 - $93,977
2/28/2022 - $91,712
3/28/2022 - $96,748
4/28/2022 - $90,642
Title: Re: Race from 10 to 100k!!
Post by: catorbe on April 28, 2022, 02:23:45 PM
Ouch…

Tracking investing in SPN (which doesn't include roth)

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

Yea mine looks like this too :(
Title: Re: Race from 10 to 100k!!
Post by: comicguy on April 30, 2022, 04:41:57 AM
April update:

01/26/22  Round Up 642.33  Investment  9911.44  Total 10553.77
02/26/22  Round Up 752.42  Investment 12408.26 Total 13160.680
03/25/22  Round UP 897.57  Investment 17291.64 Total 18189.21
4/30/22    Round up 971.36  Investment 18713.79  Total 19685.15
Title: Re: Race from 10 to 100k!!
Post by: Tass on April 30, 2022, 06:53:23 PM
201720182019202020212022
January$12.1k$24.7k$49.0k$76.2k$95.4k
February$13.6k$27.2k$46.5k$79.0k$95.0k
March$15.1k$29.3k$42.7k$82.6k$96.4k
April$16.6k$31.3k$47.5k$87.3k$90.3k
May$17.7k$31.5k$50.6k$88.2k
June$18.5k$33.3k$53.5k$90.3k
July$6.2k$20.2k$35.1k$58.5k$92.0k
August$6.8k$20.8k$36.7k$63.0k$94.4k
September   $8.2k$22.2k$38.6k$63.2k$93.1k
October$9.0k$21.7k$40.2k$62.9k$97.1k
November$9.9k$22.5k$42.6k$69.9k$95.1k
December$11.1k   $22.4k   $44.6k   $75.0k   $100.3k

Tomorrow I pay rent in California for the last time! Hopefully I'll be able to invest a little more during this dip in the future.
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on May 01, 2022, 08:07:43 AM
                       2018                2019                2020                2021                2022               
January$6,455-$14,460$34,473$77,625
February--$14,991$36,257$83,384
March--$14,632$38,256$85,694
April-$10,960$13,884$47,021$93,539
May--$17,011$52,533$86,952
June--$19,255$54,094-
July--$20,358$55,927-
August--$21,993$58,821-
September--$23,312$67,274-
October--$24,777$67,897-
November-$13,466$26,407$72,781-
December$9,518-$30,697$73,730-

6,500 for the month after contributions... I keep reminding myself that eventually this will be a good thing, but it's the wrong direction to win this race.
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on May 02, 2022, 02:52:21 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-   137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)
01/05/2021: 50.942,27 € (+   714,52 €)
01/06/2021: 45.969,23 € (- 4.973,04 €)
01/07/2021: 47.887,98 € (+1.918,75 €)
01/08/2021: 50.361,49 € (+2.473,51 €)
01/09/2021: 55.538,44 € (+5.176,95 €)
01/10/2021: 55.405,64 € (-    132,80 €)
01/11/2021: 62.397,76 € (+6.992,12 €)
01/12/2021: 62.957,50 € (+   559,74 €)
01/01/2022: 62.444,54 € (-    512,96 €)
01/02/2022: 57.130,55 € (- 5.313,99 €)
01/03/2022: 59.780,50 € (+2.649,95 €)
01/04/2022: 63.814,15 € (+4.033,65 €)

01/05/2022: 60.816,35 € (-2.997,80 €)

Back down again due to markets. Savings were roughly 1k €, but we had some larger expenses such as a new wardrobe to optimize our small apartment. It's only 48,5 m² (roughly 525 square feet in american) so a little small for two people, but we decided to give up looking for a new place and stay here for the foreseeable future. This will save us a lot on rent so the expenses for the optimization will pay off in the long-term.

We have four weddings and some bachelors parties coming up, so the next months might also be a little more spendy.
Title: Re: Race from 10 to 100k!!
Post by: Imma on May 02, 2022, 03:27:49 AM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October 2019: €11128.59
November 2019: €11227,46
December 2019: €11991,27
January 2020: €12576,72
February 2020: €11904,39
March 2020: €10425,32
April 2020: €11830,70
May 2020: €12154,67
June 2020: €14634,19
July 2020: €15345,09
August 2020: €16444,46
September 2020: €17108,60
October 2020: €16687,93
November 2020: €17762,62
December 2020: €19386,94
January 2021: €20649.69
February 2021: €22021,64
March 2021: €22763,55
April 2021: €23866,70
May 2021: €25689.77
June 2021: €25659.61
July 2021: €26434.48
August 2021: €28512.33
September 2021: €29243.37
October 2021: €30357,48
November 2021: €32537,78
December 2021: €33194,68
January 2022: €32912,87
February 2022: €33483,33
March 2022: €32467,16
April 2022: €33360,09

Goals for 2022:
Savings: €15.000
Investments: €30.000

Still not a lot of movement, but with the current inflation and a lot of one-off expenses it's not too bad at all.
Title: Re: Race from 10 to 100k!!
Post by: regenaeb on May 02, 2022, 06:31:05 AM
8/21/21 - SEP + Roth $ 27,113.71
9/30/21 - SEP + Roth $ 27,063.71
10/29/21 - SEP + Roth $ 29,254.43
11/30/21 - SEP + Roth $ 30,055.54
12/31/21 - SEP + Roth $ 31,239.32

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

Not much to say other than, I added $2k to my 401K this month, but clearly you can't see it. Continuing to buy while funds are on sale.
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on May 03, 2022, 02:59:49 AM
Tracking investments, emergency fund and additional pension investments (all to be used to retire together with SO!)
(not tracking company pension investments, house value and current accounts / special project savings)

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

31 January 2022: EUR 36,735
28 February 2022: EUR 36,356
31 March 2022: EUR 37,500
30 April 2022: EUR 35,592

(2022 goal: EUR 45-50K)

Yep, this is the downward I expected. Although I did my regular investments, the trip to Italy took its part. But we had a blast!
Now I'm going to buy some stocks on sale and hoping they will go up again!
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on May 03, 2022, 07:47:39 AM
April 2021 - $61,745
May 2021 - $62,978
June 2021 - $62,595
July 2021 - $64,082
August 2021 - $66,248
September 2021 - $64,221
October 2021 - $67,968
November 2021- $67,412
December 2021 - $70,758
January 2022 - $67,992
February 2022 - $69,486
March 2022 - $73,422

April 2022 - $68,808

Just going around in circles here since last summer.  Ugh.
Title: Re: Race from 10 to 100k!!
Post by: Tass on May 04, 2022, 04:28:24 PM
To anyone frustrated by lack of growth in their numbers - remember, if you have been buying regularly during the unstable market, that your shares are going up even if your NW isn't. It's putting us all in better and better positions to catch the next upswing. :)

EDIT: Ha. I wrote this post several hours before a headline informed me that stocks went up dramatically today.
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on May 05, 2022, 12:09:34 AM
The issue I keep dealing with is the ups and downs seem to be on a two week cycle, where each of my contributions go in near the top... I can't control which day my 401k deposits.

But I do appreciate building more shares. Still hoping to break 100k this year.
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on May 08, 2022, 07:13:30 PM
Student Loan Debt:

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


Net Worth:

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

Update is late this month, but all my numbers are from the 1st of the month, I am happy with the current bargain price on stocks!
Title: Re: Race from 10 to 100k!!
Post by: Serendip on May 09, 2022, 09:13:40 PM
Dec '17    18,146
Jan '18     23,607
Dec '18    48,380
Dec '19    60,746

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

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

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

Apr '22  >78,000

A disastrous month with a big crash in some stock and some tax mess-ups on my part. BUT, it's all good. Just will start plugging away again. I avoided updated but then realized I need to face the reality that it's going to be a rough few months before I can start building again
*in other news, our house went up over 40% so that balances this kerfuffle*
Title: Re: Race from 10 to 100k!!
Post by: Manchester on May 23, 2022, 06:21:25 AM
My N/W grew by £2,846.97 to a new total of £54,453.44.
My N/W grew by £1,721.56 to a new total of £56,175.
My N/W grew by £2,262.53 to a new total of £58,437.53.
My N/W grew by £3,196.03 to a new total of £61,633.56.
My N/W grew by £2,080.14 to a new total of £63,713.70.
My N/W grew by £189.35 to a new total of £63,903.05.
My N/W grew by £2,046.07 to a new total of £65,949.12.
My N/W grew by £2,489.81 to a new total of £68,438.93.
My N/W grew by £2,948.26 to a new total of £71,387.19.
May update

My N/W decreased by £1,267.07 to a new total of £70,120.12.

Not too disappointed though.  I invested as much as I usually do so I bought some cheap stocks.

I became a Dad and my financial security has allowed me to take a full month off work - which has been amazing - I don't know how people manage to go back after two weeks. 

DW, DS and I all caught COVID (we're fine).  My football team won the Premier League yesterday, so I bought a celebratory bottle of champagne.

Other than all that, it was quite an uneventful month.  :')

Life is good!
Title: Re: Race from 10 to 100k!!
Post by: Turtle on May 23, 2022, 08:45:23 AM
Congratulations!  Such a blessing to be able to take extra time when they're young!
Title: Re: Race from 10 to 100k!!
Post by: triple7stash on May 28, 2022, 11:29:47 AM
Tracking investing in SPN (which doesn't include roth)

12/28/2020 - $62,783
1/28/2021 - $67,335
2/28/2021 - $69,404
3/28/2021 - $71,869
4/28/2021 - $77,861
5/31/2021 - $79,885
6/30/2021 - $82,843
7/28/2021 - $85,130
8/29/2021 - $87,558
9/30/2021 - $87,127
10/28/2021 - $92,699
11/28/2021 - $95,021
12/28/2021 - $96,703
2/2/2022 - $93,977
2/28/2022 - $91,712
3/28/2022 - $96,748
4/28/2022 - $90,642
5/28/2022 - $91,036
Title: Re: Race from 10 to 100k!!
Post by: comicguy on May 29, 2022, 04:56:31 AM
May update:

01/26/22  Round Up 642.33   Investment  9911.44  Total 10553.77
02/26/22  Round Up 752.42   Investment 12408.26 Total 13160.680
03/25/22  Round UP 897.57   Investment 17291.64 Total 18189.21
04/30/22  Round up 971.36   Investment 18713.79  Total 19685.15
05/29/22  Round up 1083.32 Investment 20117.98  Total 21201.30
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on May 29, 2022, 08:28:24 AM
                       2018                2019                2020                2021                2022               
January$6,455-$14,460$34,473$77,625
February--$14,991$36,257$83,384
March--$14,632$38,256$85,694
April-$10,960$13,884$47,021$93,539
May--$17,011$52,533$86,952
June--$19,255$54,094$89,131
July--$20,358$55,927-
August--$21,993$58,821-
September--$23,312$67,274-
October--$24,777$67,897-
November-$13,466$26,407$72,781-
December$9,518-$30,697$73,730-

Still hoping to hit 100k this year between 401K and ROTH. Mostly going to depend on the market. I only have about 5k left I can contribute this year...
Title: Re: Race from 10 to 100k!!
Post by: catlady on May 31, 2022, 06:53:14 AM
We've had quite a difficult begging of the year :( But we did it, we now have 100K ^_^ . I will make myself a sandwich to celebrate :D
On that note I started a new job and I got RSU grant(not included). Do u include this in the tables or only after they vest?


 
2020
2021
2022
25 Jan
   
$48 938 (+$26 476)
 
25 Feb
   
$50 686.73 (+$ 1748)
 
25 Mar
   
$52 418 (+$ 1731)
$114,152.00
06 July
   
$70,688.91 (+$ 18,270.69)
 
25 Sept
 
$11 699.98
   
25 Oct
 
$15 171.88 (+$3,471.9)
   
25 Nov
 
$17,631.78 (+$2,459.90)
$93,357.00 (+$22,698)
 
25 Dec
 
$22,462.17 (+$4,830.39)
   

Title: Re: Race from 10 to 100k!!
Post by: regenaeb on May 31, 2022, 10:26:30 AM
8/21/21 - SEP + Roth $ 27,113.71
9/30/21 - SEP + Roth $ 27,063.71
10/29/21 - SEP + Roth $ 29,254.43
11/30/21 - SEP + Roth $ 30,055.54
12/31/21 - SEP + Roth $ 31,239.32

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

Happy to see some gain from previous month. Was only able to add $500 to 401k this past month. Missed some work due to Covid hitting my household. Then the last week of the month a trip to FL to attend a family graduation meant less money to put in the retirement accounts. June should be a normal month with full paychecks again. Not going to beat myself up, life happens, and I need to adjust to the ups and downs.
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on June 01, 2022, 01:45:53 AM
Tracking investments, emergency fund and additional pension investments (all to be used to retire together with SO!)
(not tracking company pension investments, house value and current accounts / special project savings)

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

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

(2022 goal: EUR 45-50K)

Holiday pay came and went directly into savings. However, we will at least use part of it in July during our holiday, but I'm still hoping that I do not need to use it all.
Prices really go up, so we're into the real frugal mode again in order to keep our savings up. This month will be a challenge, with our youngest finishing primary school and camps / parties / end of school year activities will happen. And of course, the "investments" for his new school: laptop, good backpack. Fortunately, we already found a "new to him" school bike on Craigslist (paid 100 euro, while the new ones are over 400!).
Still not feeling much of progress this year, but I keep reminding myself that I'm buying stocks on sale and this should pay off in the future!

@Manchester: congratulations on becoming a dad! What a life-changing event. It is so good that you managed to take time off. I remember my husband taking 6 months off when our daughter was little. So incredibly precious for both parties!

@catlady: congrats on hitting the 6 figure mark!

Title: Re: Race from 10 to 100k!!
Post by: Imma on June 03, 2022, 03:12:41 AM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October 2019: €11128.59
November 2019: €11227,46
December 2019: €11991,27
January 2020: €12576,72
February 2020: €11904,39
March 2020: €10425,32
April 2020: €11830,70
May 2020: €12154,67
June 2020: €14634,19
July 2020: €15345,09
August 2020: €16444,46
September 2020: €17108,60
October 2020: €16687,93
November 2020: €17762,62
December 2020: €19386,94
January 2021: €20649.69
February 2021: €22021,64
March 2021: €22763,55
April 2021: €23866,70
May 2021: €25689.77
June 2021: €25659.61
July 2021: €26434.48
August 2021: €28512.33
September 2021: €29243.37
October 2021: €30357,48
November 2021: €32537,78
December 2021: €33194,68
January 2022: €32912,87
February 2022: €33483,33
March 2022: €32467,16
April 2022: €33360,09
May 2022: €33804,92

Goals for 2022:
Savings: €15.000
Investments: €30.000

Still not a lot of movement, but at least I'm not going backwards!
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on June 03, 2022, 11:11:25 AM
Student Loan Debt:

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


Net Worth:

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

I have several large, planned expenses this month which may result in a decrease in net worth, but should streamline my future spending.
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on June 08, 2022, 01:56:30 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-   137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)
01/05/2021: 50.942,27 € (+   714,52 €)
01/06/2021: 45.969,23 € (- 4.973,04 €)
01/07/2021: 47.887,98 € (+1.918,75 €)
01/08/2021: 50.361,49 € (+2.473,51 €)
01/09/2021: 55.538,44 € (+5.176,95 €)
01/10/2021: 55.405,64 € (-    132,80 €)
01/11/2021: 62.397,76 € (+6.992,12 €)
01/12/2021: 62.957,50 € (+   559,74 €)
01/01/2022: 62.444,54 € (-    512,96 €)
01/02/2022: 57.130,55 € (- 5.313,99 €)
01/03/2022: 59.780,50 € (+2.649,95 €)
01/04/2022: 63.814,15 € (+4.033,65 €)
01/05/2022: 60.816,35 € (-2.997,80 €)

01/06/2022: 55.643,44 € (-5.172,91 €)

Update is a bit late, numbers are from the first of June though. Second big drop in a row due to markets and especially crypto. Still get to buy at a discount though, so not especially worried. I'd rather have a period of sideways/downward movement now and higher returns afterwards than the other way around.

Title: Re: Race from 10 to 100k!!
Post by: lifeandlimb on June 10, 2022, 09:29:58 AM
Dec 2019 $7,548   
Jan 2020 $7,379   
Feb 2020 $7,983   
Mar 2020 $11,952   
Apr 2020 $20,078   
May 2020 $27,255   
June 2020 $29,933   
July 2020 $28,764   
Aug 2020 $28,618   
Sept 2020 $28,864   
Oct 2020 $27,434   
Nov 2020 $39,641   
Dec 2020 $39,169   
Jan 2021 $42,748   
Feb 2021 $43,215   
Mar 2021 $45,100   
Apr 2021 $48,171   
May 2021 $49,227
June 2021 $49,484
July 2021 $49,142
Aug 2021 $54,479
Sep 2021 $54,644
Oct 2021 $49,328

Went on vacation and spent $$! Looks like the market downturn got some other people, too. At least two significant paychecks, late due to an error, are finally coming in this month.

Haven't been here much as I've tried to be more focused at work and in life. Plus, the market downturns have been a bit too depressing to report. The good news is, I haven't withdrawn anything and have continued to contribute to my investments where I can...

11/1/2021   51,638.53
12/1/2021   52,439.00
1/1/2022   56,947.00
2/1/2022   58,929.00
3/1/2022   58,686.00
4/1/2022   59,655.00
5/1/2022   57,126.00
6/1/2022   54,019.00
Title: Re: Race from 10 to 100k!!
Post by: Tass on June 12, 2022, 10:14:40 AM
201720182019202020212022
January$12.1k$24.7k$49.0k$76.2k$95.4k
February$13.6k$27.2k$46.5k$79.0k$95.0k
March$15.1k$29.3k$42.7k$82.6k$96.4k
April$16.6k$31.3k$47.5k$87.3k$90.3k
May$17.7k$31.5k$50.6k$88.2k$89.7k
June$18.5k$33.3k$53.5k$90.3k
July$6.2k$20.2k$35.1k$58.5k$92.0k
August$6.8k$20.8k$36.7k$63.0k$94.4k
September   $8.2k$22.2k$38.6k$63.2k$93.1k
October$9.0k$21.7k$40.2k$62.9k$97.1k
November$9.9k$22.5k$42.6k$69.9k$95.1k
December$11.1k   $22.4k   $44.6k   $75.0k   $100.3k

May was one of my most expensive months ever due to moving costs. Good thing June is a 3 paycheck month!
Title: Re: Race from 10 to 100k!!
Post by: Rimu05 on June 19, 2022, 01:35:32 PM
JAN 2022: 40,699.37
MAR 2022: 87,840.41
JUN 2022:  86,153.42

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

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

Title: Re: Race from 10 to 100k!!
Post by: Manchester on June 22, 2022, 03:49:51 AM
My N/W grew by £2,846.97 to a new total of £54,453.44.
My N/W grew by £1,721.56 to a new total of £56,175.
My N/W grew by £2,262.53 to a new total of £58,437.53.
My N/W grew by £3,196.03 to a new total of £61,633.56.
My N/W grew by £2,080.14 to a new total of £63,713.70.
My N/W grew by £189.35 to a new total of £63,903.05.
My N/W grew by £2,046.07 to a new total of £65,949.12.
My N/W grew by £2,489.81 to a new total of £68,438.93.
My N/W grew by £2,948.26 to a new total of £71,387.19.
My N/W decreased by £1,267.07 to a new total of £70,120.12.
June Update

My N/W grew by £73.15 to a new total of £70,193.27.

Markets are slowing me down but happy with the prolonged stock fire-sale.

The U.K. is facing the highest inflation in 40 years (9%) which is the first major test of my moustachian resolve - so far, I'm completely unphased - hope you're all the same?
Title: Re: Race from 10 to 100k!!
Post by: triple7stash on June 29, 2022, 08:56:57 PM
Tracking investing in SPN (which doesn't include roth)

12/28/2020 - $62,783
1/28/2021 - $67,335
2/28/2021 - $69,404
3/28/2021 - $71,869
4/28/2021 - $77,861
5/31/2021 - $79,885
6/30/2021 - $82,843
7/28/2021 - $85,130
8/29/2021 - $87,558
9/30/2021 - $87,127
10/28/2021 - $92,699
11/28/2021 - $95,021
12/28/2021 - $96,703
2/2/2022 - $93,977
2/28/2022 - $91,712
3/28/2022 - $96,748
4/28/2022 - $90,642
5/28/2022 - $91,036
6/29/2022 - $89,116
Title: Re: Race from 10 to 100k!!
Post by: regenaeb on June 30, 2022, 10:52:55 AM
8/21/21 - SEP + Roth $ 27,113.71
9/30/21 - SEP + Roth $ 27,063.71
10/29/21 - SEP + Roth $ 29,254.43
11/30/21 - SEP + Roth $ 30,055.54
12/31/21 - SEP + Roth $ 31,239.32

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

Ugggh, what an ugly month! I know I need to look on the upside, I can buy more funds than I could previously because they are all down and I am in this for the long, long haul. But man, looking at those numbers is depressing. I even added money to the 401k this month, but you wouldn't know it. Well, on to the next month.
Title: Re: Race from 10 to 100k!!
Post by: Imma on June 30, 2022, 11:06:03 AM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October 2019: €11128.59
November 2019: €11227,46
December 2019: €11991,27
January 2020: €12576,72
February 2020: €11904,39
March 2020: €10425,32
April 2020: €11830,70
May 2020: €12154,67
June 2020: €14634,19
July 2020: €15345,09
August 2020: €16444,46
September 2020: €17108,60
October 2020: €16687,93
November 2020: €17762,62
December 2020: €19386,94
January 2021: €20649.69
February 2021: €22021,64
March 2021: €22763,55
April 2021: €23866,70
May 2021: €25689.77
June 2021: €25659.61
July 2021: €26434.48
August 2021: €28512.33
September 2021: €29243.37
October 2021: €30357,48
November 2021: €32537,78
December 2021: €33194,68
January 2022: €32912,87
February 2022: €33483,33
March 2022: €32467,16
April 2022: €33360,09
May 2022: €33804,92
June 2022: €33276,84

Goals for 2022:
Savings: €15.000
Investments: €30.000

What can I say? At least I'm saving enough every month to not go backwards...
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on June 30, 2022, 03:00:03 PM
June 2021 - $62,595
July 2021 - $64,082
August 2021 - $66,248
September 2021 - $64,221
October 2021 - $67,968
November 2021- $67,412
December 2021 - $70,758
January 2022 - $67,992
February 2022 - $69,486
March 2022 - $73,422
April 2022 - $68,808
May 2022 - $67,948

June 2022 - $63,619

I think I forgot to report in for the past couple of months.  Still saving, it's just not doing anything right now!  Haha.
Title: Re: Race from 10 to 100k!!
Post by: shrimpwd on July 01, 2022, 12:52:44 AM
                       2018                2019                2020                2021                2022               
January$6,455-$14,460$34,473$77,625
February--$14,991$36,257$83,384
March--$14,632$38,256$85,694
April-$10,960$13,884$47,021$93,539
May--$17,011$52,533$86,952
June--$19,255$54,094$89,131
July--$20,358$55,927$83,281
August--$21,993$58,821-
September--$23,312$67,274-
October--$24,777$67,897-
November-$13,466$26,407$72,781-
December$9,518-$30,697$73,730-
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on July 01, 2022, 01:47:37 AM
Tracking investments, emergency fund and additional pension investments (all to be used to retire together with SO!)
(not tracking company pension investments, house value and current accounts / special project savings)

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

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

(2022 goal: EUR 45-50K)

A slight backwards move..... as could be expected with the current stock markets. I'm saving and investing as usual and really keep reminding myself that I'm in for the long.....long.....long..... run and I'm buying stocks on sale.
Next month will be backwards as well, since we have holiday plans (3 weeks to France...... not bad....) and I need to buy all school supplies. It will be an expensive one this year since the youngest will go to middle school and needs some expensive stuff (laptop, sports gear etc.).
Let's hope for a better 2nd half of the year!
Title: Re: Race from 10 to 100k!!
Post by: Tass on July 03, 2022, 06:45:57 PM
201720182019202020212022
January$12.1k$24.7k$49.0k$76.2k$95.4k
February$13.6k$27.2k$46.5k$79.0k$95.0k
March$15.1k$29.3k$42.7k$82.6k$96.4k
April$16.6k$31.3k$47.5k$87.3k$90.3k
May$17.7k$31.5k$50.6k$88.2k$89.7k
June$18.5k$33.3k$53.5k$90.3k$84.4k
July$6.2k$20.2k$35.1k$58.5k$92.0k
August$6.8k$20.8k$36.7k$63.0k$94.4k
September   $8.2k$22.2k$38.6k$63.2k$93.1k
October$9.0k$21.7k$40.2k$62.9k$97.1k
November$9.9k$22.5k$42.6k$69.9k$95.1k
December$11.1k   $22.4k   $44.6k   $75.0k   $100.3k

Eventually I'll get back to 100k. Until then, cheap stocks!
Title: Re: Race from 10 to 100k!!
Post by: comicguy on July 04, 2022, 05:35:13 AM
June update:

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

Very little increase for June even, but at least I bought some good stocks on sale!
Title: Re: Race from 10 to 100k!!
Post by: Manchester on July 06, 2022, 03:25:24 AM
Seems like everyone is in the same boat. 

It's a marathon, not a sprint - we were overdue a bit of blip weren't we? :')
Title: Re: Race from 10 to 100k!!
Post by: Stubblestache on July 06, 2022, 05:29:45 AM
201720182019202020212022
January$12.1k$24.7k$49.0k$76.2k$95.4k
February$13.6k$27.2k$46.5k$79.0k$95.0k
March$15.1k$29.3k$42.7k$82.6k$96.4k
April$16.6k$31.3k$47.5k$87.3k$90.3k
May$17.7k$31.5k$50.6k$88.2k$89.7k
June$18.5k$33.3k$53.5k$90.3k$84.4k
July$6.2k$20.2k$35.1k$58.5k$92.0k
August$6.8k$20.8k$36.7k$63.0k$94.4k
September   $8.2k$22.2k$38.6k$63.2k$93.1k
October$9.0k$21.7k$40.2k$62.9k$97.1k
November$9.9k$22.5k$42.6k$69.9k$95.1k
December$11.1k   $22.4k   $44.6k   $75.0k   $100.3k

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

I've stubbornly refused to leave the 100-250k race after dipping below 100lk, but another month like this and I might need to accept defeat and come back to this thread :D
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on July 06, 2022, 08:38:09 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-   137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)
01/05/2021: 50.942,27 € (+   714,52 €)
01/06/2021: 45.969,23 € (- 4.973,04 €)
01/07/2021: 47.887,98 € (+1.918,75 €)
01/08/2021: 50.361,49 € (+2.473,51 €)
01/09/2021: 55.538,44 € (+5.176,95 €)
01/10/2021: 55.405,64 € (-    132,80 €)
01/11/2021: 62.397,76 € (+6.992,12 €)
01/12/2021: 62.957,50 € (+   559,74 €)
01/01/2022: 62.444,54 € (-    512,96 €)
01/02/2022: 57.130,55 € (- 5.313,99 €)
01/03/2022: 59.780,50 € (+2.649,95 €)
01/04/2022: 63.814,15 € (+4.033,65 €)
01/05/2022: 60.816,35 € (- 2.997,80 €)
01/06/2022: 55.643,44 € (- 5.172,91 €)

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

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

Title: Re: Race from 10 to 100k!!
Post by: TyGuy on July 07, 2022, 11:17:46 AM
Student Loan Debt:

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


Net Worth:

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

Paid cash for several large, planned expenses last month, while also managing to buy in the dip. Looking forward to significantly less spending in July!
Title: Re: Race from 10 to 100k!!
Post by: LobsterLuke on July 12, 2022, 06:36:35 AM
Hey everyone! So excited to make it to this thread finally. Here are my numbers as of this morning.

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


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

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

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

I was walking through Goodwill yesterday and realized I would've been just as happy with the used furniture, dishes and appliances they were selling. I still have a lot to learn but I've been learning a lot by devouring every episode of the Mad Fientist podcast. Really interested in maxing my 401k and IRA somehow.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on July 22, 2022, 09:50:18 AM
My N/W grew by £2,846.97 to a new total of £54,453.44.
My N/W grew by £1,721.56 to a new total of £56,175.
My N/W grew by £2,262.53 to a new total of £58,437.53.
My N/W grew by £3,196.03 to a new total of £61,633.56.
My N/W grew by £2,080.14 to a new total of £63,713.70.
My N/W grew by £189.35 to a new total of £63,903.05.
My N/W grew by £2,046.07 to a new total of £65,949.12.
My N/W grew by £2,489.81 to a new total of £68,438.93.
My N/W grew by £2,948.26 to a new total of £71,387.19.
My N/W decreased by £1,267.07 to a new total of £70,120.12.
My N/W grew by £73.15 to a new total of £70,193.27.

July Update:

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

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

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

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

Anyway, that's my post for the month.  Hope everyone is doing well. 
Title: Re: Race from 10 to 100k!!
Post by: triple7stash on July 28, 2022, 07:47:48 PM
Tracking investing in SPN (which doesn't include roth)

12/28/2020 - $62,783
1/28/2021 - $67,335
2/28/2021 - $69,404
3/28/2021 - $71,869
4/28/2021 - $77,861
5/31/2021 - $79,885
6/30/2021 - $82,843
7/28/2021 - $85,130
8/29/2021 - $87,558
9/30/2021 - $87,127
10/28/2021 - $92,699
11/28/2021 - $95,021
12/28/2021 - $96,703
2/2/2022 - $93,977
2/28/2022 - $91,712
3/28/2022 - $96,748
4/28/2022 - $90,642
5/28/2022 - $91,036
6/29/2022 - $89,116
7/28/2022 - $92,360
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on July 29, 2022, 03:08:11 PM
July 2021 - $64,082
August 2021 - $66,248
September 2021 - $64,221
October 2021 - $67,968
November 2021- $67,412
December 2021 - $70,758
January 2022 - $67,992
February 2022 - $69,486
March 2022 - $73,422
April 2022 - $68,808
May 2022 - $67,948
June 2022 - $63,619

July 2022 - $67,137

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

                       2018                2019                2020                2021                2022               
January$6,455-$14,460$34,473$77,625
February--$14,991$36,257$83,384
March--$14,632$38,256$85,694
April-$10,960$13,884$47,021$93,539
May--$17,011$52,533$86,952
June--$19,255$54,094$89,131
July--$20,358$55,927$83,281
August--$21,993$58,821$101,031
September--$23,312$67,274-
October--$24,777$67,897-
November-$13,466$26,407$72,781-
December$9,518-$30,697$73,730-
Title: Re: Race from 10 to 100k!!
Post by: comicguy on July 30, 2022, 05:59:07 AM
July update:

01/26/22  Round Up 642.33   Investment  9911.44  Total 10553.77
02/26/22  Round Up 752.42   Investment 12408.26 Total 13160.680
03/25/22  Round UP 897.57   Investment 17291.64 Total 18189.21
04/30/22  Round up 971.36   Investment 18713.79  Total 19685.15
05/29/22  Round up 1083.32 Investment 20117.98  Total 21201.30
06/30/22  Round up 1132.77 Investment 21500.10  Total 22632.87
07/30/22  Round up 1372.95 Investment 22042.54  Total 23415.49
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on August 01, 2022, 01:00:21 AM
Tracking investments, emergency fund and additional pension investments (all to be used to retire together with SO!)
(not tracking company pension investments, house value and current accounts / special project savings)

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

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

(2022 goal: EUR 45-50K)

The decrease in cash funds was (fortunately) almost equal to the increase in investments.
As from now, I'm just hoping for continued market recovery and no unexpected expenses for the remainder of the year.
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on August 01, 2022, 03:01:35 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-   137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)
01/05/2021: 50.942,27 € (+   714,52 €)
01/06/2021: 45.969,23 € (- 4.973,04 €)
01/07/2021: 47.887,98 € (+1.918,75 €)
01/08/2021: 50.361,49 € (+2.473,51 €)
01/09/2021: 55.538,44 € (+5.176,95 €)
01/10/2021: 55.405,64 € (-    132,80 €)
01/11/2021: 62.397,76 € (+6.992,12 €)
01/12/2021: 62.957,50 € (+   559,74 €)
01/01/2022: 62.444,54 € (-    512,96 €)
01/02/2022: 57.130,55 € (- 5.313,99 €)
01/03/2022: 59.780,50 € (+2.649,95 €)
01/04/2022: 63.814,15 € (+4.033,65 €)
01/05/2022: 60.816,35 € (- 2.997,80 €)
01/06/2022: 55.643,44 € (- 5.172,91 €)
01/07/2022: 49.784,34 € (- 5.859,10 €)

01/07/2022: 56.777,07 € (+6.992,73 €)

Finally a good month again both due to the market recovery and higher savings. Hoping savings for the rest of the year will keep pace, then it should be a good ending to the year. Year on year from 01.08.2021 to 01.08.2022 savings were 14 k €, while net worth gain was only roughly 6,5 k €. But I guess this early during the accumulation phase it's a good thing to have downward markets.
Title: Re: Race from 10 to 100k!!
Post by: regenaeb on August 01, 2022, 07:49:40 AM
8/21/21 - SEP + Roth $ 27,113.71
9/30/21 - SEP + Roth $ 27,063.71
10/29/21 - SEP + Roth $ 29,254.43
11/30/21 - SEP + Roth $ 30,055.54
12/31/21 - SEP + Roth $ 31,239.32

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

Finally, some upward movement. I did not add funds this month because I was off work 2 weeks enjoying some family vacation time. Being self-employed means, I don't work, I don't get paid. August will be a better month where I can add more fund to the accounts. Hoping the second half of the year continues to improve.
Title: Re: Race from 10 to 100k!!
Post by: Rimu05 on August 02, 2022, 12:39:04 PM
JAN 2022: 40,699.37
MAR 2022: 87,840.41
JUN 2022:  86,153.42

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

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

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

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

JAN 2022: 40,699.37
MAR 2022: 87,840.41
JUN 2022:  86,153.42
AUG 2022: 100,611.5
Title: Re: Race from 10 to 100k!!
Post by: Imma on August 02, 2022, 01:52:38 PM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October 2019: €11128.59
November 2019: €11227,46
December 2019: €11991,27
January 2020: €12576,72
February 2020: €11904,39
March 2020: €10425,32
April 2020: €11830,70
May 2020: €12154,67
June 2020: €14634,19
July 2020: €15345,09
August 2020: €16444,46
September 2020: €17108,60
October 2020: €16687,93
November 2020: €17762,62
December 2020: €19386,94
January 2021: €20649.69
February 2021: €22021,64
March 2021: €22763,55
April 2021: €23866,70
May 2021: €25689.77
June 2021: €25659.61
July 2021: €26434.48
August 2021: €28512.33
September 2021: €29243.37
October 2021: €30357,48
November 2021: €32537,78
December 2021: €33194,68
January 2022: €32912,87
February 2022: €33483,33
March 2022: €32467,16
April 2022: €33360,09
May 2022: €33804,92
June 2022: €33276,84
July 2022: €34735,50

Goals for 2022:
Savings: €15.000
Investments: €30.000

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

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

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

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

In the current economic climate I wouldn't feel secure moving "just" for status reasons, though, but that's up to you of course. One thing I've heard from friends with kids who have moved to"nicer" areas is they underestimated the impact on their kids. All the other parents drive expensive cars, go to Ibiza in summer, the kids wear expensive brands. If you're trying to live a mustachian life, you're going to stand out a lot. For you that's a choice but for kids it might be easier to have friends with a similar lifestyle. And my friends aren't even extremely frugal, I'm talking about people who drive a Civic or a Prius instead of a BMW and still going on foreign vacations, just not as interested in consumerism.
Title: Re: Race from 10 to 100k!!
Post by: Turtle on August 03, 2022, 07:10:05 AM
My N/W grew by £2,846.97 to a new total of £54,453.44.
My N/W grew by £1,721.56 to a new total of £56,175.
My N/W grew by £2,262.53 to a new total of £58,437.53.
My N/W grew by £3,196.03 to a new total of £61,633.56.
My N/W grew by £2,080.14 to a new total of £63,713.70.
My N/W grew by £189.35 to a new total of £63,903.05.
My N/W grew by £2,046.07 to a new total of £65,949.12.
My N/W grew by £2,489.81 to a new total of £68,438.93.
My N/W grew by £2,948.26 to a new total of £71,387.19.
My N/W decreased by £1,267.07 to a new total of £70,120.12.
My N/W grew by £73.15 to a new total of £70,193.27.

July Update:

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

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

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

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

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

Do you own or rent your current place?  If you moved, would you be able to rent the current place out for enough to cover the mortgage on it? 
Title: Re: Race from 10 to 100k!!
Post by: Tass on August 04, 2022, 06:49:46 PM
201720182019202020212022
January$12.1k$24.7k$49.0k$76.2k$95.4k
February$13.6k$27.2k$46.5k$79.0k$95.0k
March$15.1k$29.3k$42.7k$82.6k$96.4k
April$16.6k$31.3k$47.5k$87.3k$90.3k
May$17.7k$31.5k$50.6k$88.2k$89.7k
June$18.5k$33.3k$53.5k$90.3k$84.4k
July$6.2k$20.2k$35.1k$58.5k$92.0k$92.4k
August$6.8k$20.8k$36.7k$63.0k$94.4k
September   $8.2k$22.2k$38.6k$63.2k$93.1k
October$9.0k$21.7k$40.2k$62.9k$97.1k
November$9.9k$22.5k$42.6k$69.9k$95.1k
December$11.1k   $22.4k   $44.6k   $75.0k   $100.3k

I'm almost done with graduate school and now fielding job offers - it seems likely I'll finish before re-achieving $100k. Can I still say I saved $100k in grad school?
Title: Re: Race from 10 to 100k!!
Post by: Imma on August 05, 2022, 03:20:44 AM
201720182019202020212022
January$12.1k$24.7k$49.0k$76.2k$95.4k
February$13.6k$27.2k$46.5k$79.0k$95.0k
March$15.1k$29.3k$42.7k$82.6k$96.4k
April$16.6k$31.3k$47.5k$87.3k$90.3k
May$17.7k$31.5k$50.6k$88.2k$89.7k
June$18.5k$33.3k$53.5k$90.3k$84.4k
July$6.2k$20.2k$35.1k$58.5k$92.0k$92.4k
August$6.8k$20.8k$36.7k$63.0k$94.4k
September   $8.2k$22.2k$38.6k$63.2k$93.1k
October$9.0k$21.7k$40.2k$62.9k$97.1k
November$9.9k$22.5k$42.6k$69.9k$95.1k
December$11.1k   $22.4k   $44.6k   $75.0k   $100.3k

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

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

Good luck with the job offers, you've done yourself a massive favour building up this kind of stash at your age. You can skip the "it-pays-the-bills" job phase and go straight to finding the job you really want. If you need to move, you can afford to move, if you need to accept a slightly lower pay, you can afford to take that pay cut. You can walk out of a job if you're being mistreated. You've trained your frugal muscle. You're 15 years ahead of your peers.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on August 09, 2022, 03:44:29 AM


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

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

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

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

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

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

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

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

The house itself is lovely - just the immediate position that's the problem.   If we could pick it up and move it onto a side road it would be perfect.  When we were buying, we were both early 20s and this was the top end of what we could afford - we went for a nicer house in a worse location rather than the other way around and I don't regret that.  But mentally, I just feel ready to move.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on August 09, 2022, 03:55:51 AM
My N/W grew by £2,846.97 to a new total of £54,453.44.
My N/W grew by £1,721.56 to a new total of £56,175.
My N/W grew by £2,262.53 to a new total of £58,437.53.
My N/W grew by £3,196.03 to a new total of £61,633.56.
My N/W grew by £2,080.14 to a new total of £63,713.70.
My N/W grew by £189.35 to a new total of £63,903.05.
My N/W grew by £2,046.07 to a new total of £65,949.12.
My N/W grew by £2,489.81 to a new total of £68,438.93.
My N/W grew by £2,948.26 to a new total of £71,387.19.
My N/W decreased by £1,267.07 to a new total of £70,120.12.
My N/W grew by £73.15 to a new total of £70,193.27.

July Update:

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

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

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

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

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

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

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

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

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

Title: Re: Race from 10 to 100k!!
Post by: M5 on August 11, 2022, 02:45:16 PM
Trying to get back on the wagon after not tracking this for a couple years. A lot has changed since then, including our first child and my wife being thrust into the stay at home parent role due to lack of available childcare. Quite a change going from dual to single income, especially when you didn't really plan for it. I used to track total net worth (currently $320k), but this time I'm just going to track investments since the equity in our home accounts for a large chunk of our NW and we don't have any plans to move out of it for a long time, if ever. Not including cash on hand in checking/savings either. Shouldn't spend too long here before graduating to the 100-250k thread once again.

8/11/22: $95,366
Title: Re: Race from 10 to 100k!!
Post by: Manchester on August 22, 2022, 05:43:53 AM
My N/W grew by £2,846.97 to a new total of £54,453.44.
My N/W grew by £1,721.56 to a new total of £56,175.
My N/W grew by £2,262.53 to a new total of £58,437.53.
My N/W grew by £3,196.03 to a new total of £61,633.56.
My N/W grew by £2,080.14 to a new total of £63,713.70.
My N/W grew by £189.35 to a new total of £63,903.05.
My N/W grew by £2,046.07 to a new total of £65,949.12.
My N/W grew by £2,489.81 to a new total of £68,438.93.
My N/W grew by £2,948.26 to a new total of £71,387.19.
My N/W decreased by £1,267.07 to a new total of £70,120.12.
My N/W grew by £73.15 to a new total of £70,193.27.
My N/W grew by £2,885.54 to a new total of £73,078.81.

August update:

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

Comfortably my biggest monthly increase since I've started tracking.  I didn't really do anything different, just the markets recovering that helped.
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on August 22, 2022, 05:51:41 AM
OK..... officially admit it...... lost my spreadsheet which tracked my progress due to an error on my side...... now trying to recover it, so I might miss some data somewhere......
Otherwise I need to rebuild it...... which I DO NOT like....


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

Nightmare!

Hopefully, you'll recover it.  If not, see it as an opportunity to make the spreadsheet better than it was.
Title: Re: Race from 10 to 100k!!
Post by: Imma on August 23, 2022, 02:56:57 AM
@Manchester wow, that's a big increase!

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

But for someone like you, with a lot of equity in your current home, selling a more modest home and interested in a more expensive home, this could be a good time to buy. Especially if you set aside some money to make your house more energy efficient rightaway (or look for a house that's already had that work done). We're renovating next winter, it was all arranged before energy prices skyrocketed, but we believe energy is not going to get cheaper and we don't think we're ever going to regret becoming at least 75% self sufficient for energy.
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on August 24, 2022, 03:37:01 AM
OK..... officially admit it...... lost my spreadsheet which tracked my progress due to an error on my side...... now trying to recover it, so I might miss some data somewhere......
Otherwise I need to rebuild it...... which I DO NOT like....

Nightmare!

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

No chance at recovery. I'm now in the process of rethinking my definitions and rebuilding a sheet. Sometimes it is good to start with a fresh clean sheet!
Title: Re: Race from 10 to 100k!!
Post by: Manchester on August 24, 2022, 03:42:24 AM
OK..... officially admit it...... lost my spreadsheet which tracked my progress due to an error on my side...... now trying to recover it, so I might miss some data somewhere......
Otherwise I need to rebuild it...... which I DO NOT like....

Nightmare!

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

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

No chance at recovery. I'm now in the process of rethinking my definitions and rebuilding a sheet. Sometimes it is good to start with a fresh clean sheet!
Title: Re: Race from 10 to 100k!!
Post by: Manchester on August 24, 2022, 04:01:17 AM
@Manchester wow, that's a big increase!

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

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

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

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

Funnily enough I was looking into Solar panels/heat pumps etc the other day.  Now with the prices constantly rising they're starting to make more economical sense - but still not quite there yet.  Our house is well insulated and we tend to be conservative with our heating (though that will probably change this winter with the baby).   I'm so happy I started getting my financial act together when I did - I can imagine it's very stressful for people living pay-check to pay-check right now.
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on August 31, 2022, 05:18:55 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-   137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)
01/05/2021: 50.942,27 € (+   714,52 €)
01/06/2021: 45.969,23 € (- 4.973,04 €)
01/07/2021: 47.887,98 € (+1.918,75 €)
01/08/2021: 50.361,49 € (+2.473,51 €)
01/09/2021: 55.538,44 € (+5.176,95 €)
01/10/2021: 55.405,64 € (-    132,80 €)
01/11/2021: 62.397,76 € (+6.992,12 €)
01/12/2021: 62.957,50 € (+   559,74 €)
01/01/2022: 62.444,54 € (-    512,96 €)
01/02/2022: 57.130,55 € (- 5.313,99 €)
01/03/2022: 59.780,50 € (+2.649,95 €)
01/04/2022: 63.814,15 € (+4.033,65 €)
01/05/2022: 60.816,35 € (- 2.997,80 €)
01/06/2022: 55.643,44 € (- 5.172,91 €)
01/07/2022: 49.784,34 € (- 5.859,10 €)
01/08/2022: 56.777,07 € (+6.992,73 €)

01/09/2022: 56.724,00 € (- 53,07 €)

Basically no movement. Savings were roughly 1,3k €.
Title: Re: Race from 10 to 100k!!
Post by: Imma on August 31, 2022, 12:32:13 PM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October 2019: €11128.59
November 2019: €11227,46
December 2019: €11991,27
January 2020: €12576,72
February 2020: €11904,39
March 2020: €10425,32
April 2020: €11830,70
May 2020: €12154,67
June 2020: €14634,19
July 2020: €15345,09
August 2020: €16444,46
September 2020: €17108,60
October 2020: €16687,93
November 2020: €17762,62
December 2020: €19386,94
January 2021: €20649.69
February 2021: €22021,64
March 2021: €22763,55
April 2021: €23866,70
May 2021: €25689.77
June 2021: €25659.61
July 2021: €26434.48
August 2021: €28512.33
September 2021: €29243.37
October 2021: €30357,48
November 2021: €32537,78
December 2021: €33194,68
January 2022: €32912,87
February 2022: €33483,33
March 2022: €32467,16
April 2022: €33360,09
May 2022: €33804,92
June 2022: €33276,84
July 2022: €34735,50
August 2022: €36496,61


Goals for 2022:
Savings: €15.000
Investments: €30.000


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

@Manchester I was newly an adult during the Great Recession and I struggled for years. I had a low income, was going from one temp job to another, making ends meet by being extremely frugal. I always knew I should do everything to avoid debt, but gaining wealth was not something I knew a lot about. I didn't know anyone with money. After we bought the house in 2015 I started learning about financial planning and investing. My goal was to make sure I had all my ducks in a row when a new recession happened. I had no idea it was even possible for things to work out as well as they did. I had no idea a 'normal' person could make as much money as I do now (when I started tracking I made €1200 after tax, I think). If I was still in that €1200 job with only COL raises, I don't know if I'd still be able to put food on the table right now. 
Title: Re: Race from 10 to 100k!!
Post by: regenaeb on August 31, 2022, 12:52:14 PM
8/21/21 - SEP + Roth $ 27,113.71
9/30/21 - SEP + Roth $ 27,063.71
10/29/21 - SEP + Roth $ 29,254.43
11/30/21 - SEP + Roth $ 30,055.54
12/31/21 - SEP + Roth $ 31,239.32

1/31/22 - SEP+401K+Roth $ 30,322.94
2/28/22 - 401K + Roth $ 30,620.77 (SEP-IRA rollover to 401K complete)
3/31/22 - 401K + Roth $ 32,862.61
4/30/22 - 401K + Roth $ 31,324.59
5/31/22 - 401K + Roth $ 32,310.61
6/30/22 - 401K + Roth $ 29,261.11
7/31/22 - 401K + Roth $ 32,205.00
8/31/22 - 401k + Roth $ 32,250.37
Title: Re: Race from 10 to 100k!!
Post by: Tass on August 31, 2022, 04:02:15 PM
201720182019202020212022
January$12.1k$24.7k$49.0k$76.2k$95.4k
February$13.6k$27.2k$46.5k$79.0k$95.0k
March$15.1k$29.3k$42.7k$82.6k$96.4k
April$16.6k$31.3k$47.5k$87.3k$90.3k
May$17.7k$31.5k$50.6k$88.2k$89.7k
June$18.5k$33.3k$53.5k$90.3k$84.4k
July$6.2k$20.2k$35.1k$58.5k$92.0k$92.4k
August$6.8k$20.8k$36.7k$63.0k$94.4k$89.6k
September   $8.2k$22.2k$38.6k$63.2k$93.1k
October$9.0k$21.7k$40.2k$62.9k$97.1k
November$9.9k$22.5k$42.6k$69.9k$95.1k
December$11.1k   $22.4k   $44.6k   $75.0k   $100.3k

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

That said, I'm still putting $800 per month into stocks.
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on September 01, 2022, 12:52:11 AM
OK, I'm starting with a new spreadsheet and new definitions. However, the outcome is in the same range......

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

August 2022: EUR 45,309

Goal for 2022: EUR 50K

The month was full of back to school spending, paying the yearly school fees and DS starting a new sport, so we bought his sports gear and paid his yearly fee to the club.
Hopefully September will be a lot better and I can get to my goal for this year (still hoping for a year end bonus from my employer.....).
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on September 01, 2022, 08:45:28 AM
August 2021 - $66,248
September 2021 - $64,221
October 2021 - $67,968
November 2021- $67,412
December 2021 - $70,758
January 2022 - $67,992
February 2022 - $69,486
March 2022 - $73,422
April 2022 - $68,808
May 2022 - $67,948
June 2022 - $63,619
July 2022 - $67,137

August 2022 - $67,643

Really kind of sad to look at how much I've bounced around in the same spot for the past year, but I guess that's just how these things go!  I've been contributing the same amount in the market, but I really need to buckle down and save more cash too. 
Title: Re: Race from 10 to 100k!!
Post by: triple7stash on September 01, 2022, 11:27:39 AM
Tracking investing in SPN (which doesn't include roth)

12/28/2020 - $62,783
1/28/2021 - $67,335
2/28/2021 - $69,404
3/28/2021 - $71,869
4/28/2021 - $77,861
5/31/2021 - $79,885
6/30/2021 - $82,843
7/28/2021 - $85,130
8/29/2021 - $87,558
9/30/2021 - $87,127
10/28/2021 - $92,699
11/28/2021 - $95,021
12/28/2021 - $96,703
2/2/2022 - $93,977
2/28/2022 - $91,712
3/28/2022 - $96,748
4/28/2022 - $90,642
5/28/2022 - $91,036
6/29/2022 - $89,116
7/28/2022 - $92,360
9/1/2022 - $92,750
Title: Re: Race from 10 to 100k!!
Post by: comicguy on September 02, 2022, 04:32:36 AM
August update:

01/26/22  Round Up 642.33    Investment  9911.44  Total 10553.77
02/26/22  Round Up 752.42    Investment 12408.26 Total 13160.68
03/25/22  Round UP 897.57    Investment 17291.64 Total 18189.21
04/30/22  Round up 971.36    Investment 18713.79  Total 19685.15
05/29/22  Round up 1083.32  Investment 20117.98  Total 21201.30
06/30/22  Round up 1132.77  Investment 21500.10  Total 22632.87
07/30/22  Round up 1372.95  Investment 22042.54  Total 23415.49
08/31/22  Round up 1459.92  Investtment 23530.05 Total 24989.97
Title: Re: Race from 10 to 100k!!
Post by: Serendip on September 04, 2022, 07:35:05 AM


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

I feel you @LittleWanderer --I just have to accept that this year has not played out as I hoped/anticipated..however it's all still very much okay and I've actually had a few great trips so can't feel down about it.
Title: Re: Race from 10 to 100k!!
Post by: Serendip on September 04, 2022, 07:39:33 AM
Dec '17    18,146
Jan '18     23,607
Dec '18    48,380
Dec '19    60,746

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

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

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

Apr '22  78,000 **

Aug '22  83,006

** This was a a big hit but then I've bounced around up and mostly down. Need to assess where I can be more diligent,  I've been travelling and spending willy-nilly so I can't point the finger anywhere. Would like to at least bump this up a few thousand by the end of the year as well as pay $5000 in tax instalments. Finances haven't been a priority for the last year or two and it SHOWS :)
Title: Re: Race from 10 to 100k!!
Post by: M5 on September 07, 2022, 08:02:25 AM
8/11/22: $95,366
9/7/22: $90,774 (-4592)

Smaller balance is all due to the current market.

Title: Re: Race from 10 to 100k!!
Post by: TyGuy on September 07, 2022, 10:29:16 AM
Student Loan Debt:

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


Net Worth:

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

I did not post an update for August, but glad to be moving upward once again! I will likely move onto the next thread in the next month or two when my student loans are forgiven, but I am excited to finish the year strong with few planned expense in the forecast.
Title: Re: Race from 10 to 100k!!
Post by: Turtle on September 13, 2022, 01:31:39 PM
Congratulations @TyGuy - that's great!

Title: Re: Race from 10 to 100k!!
Post by: triple7stash on September 28, 2022, 12:45:41 PM
Tracking investing in SPN (which doesn't include roth)

12/28/2020 - $62,783
1/28/2021 - $67,335
2/28/2021 - $69,404
3/28/2021 - $71,869
4/28/2021 - $77,861
5/31/2021 - $79,885
6/30/2021 - $82,843
7/28/2021 - $85,130
8/29/2021 - $87,558
9/30/2021 - $87,127
10/28/2021 - $92,699
11/28/2021 - $95,021
12/28/2021 - $96,703
2/2/2022 - $93,977
2/28/2022 - $91,712
3/28/2022 - $96,748
4/28/2022 - $90,642
5/28/2022 - $91,036
6/29/2022 - $89,116
7/28/2022 - $92,360
9/1/2022 - $92,750
9/28/2022 - $85,710
Title: Re: Race from 10 to 100k!!
Post by: Imma on September 30, 2022, 09:40:11 AM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October 2019: €11128.59
November 2019: €11227,46
December 2019: €11991,27
January 2020: €12576,72
February 2020: €11904,39
March 2020: €10425,32
April 2020: €11830,70
May 2020: €12154,67
June 2020: €14634,19
July 2020: €15345,09
August 2020: €16444,46
September 2020: €17108,60
October 2020: €16687,93
November 2020: €17762,62
December 2020: €19386,94
January 2021: €20649.69
February 2021: €22021,64
March 2021: €22763,55
April 2021: €23866,70
May 2021: €25689.77
June 2021: €25659.61
July 2021: €26434.48
August 2021: €28512.33
September 2021: €29243.37
October 2021: €30357,48
November 2021: €32537,78
December 2021: €33194,68
January 2022: €32912,87
February 2022: €33483,33
March 2022: €32467,16
April 2022: €33360,09
May 2022: €33804,92
June 2022: €33276,84
July 2022: €34735,50
August 2022: €36496,61
September 2022: €35576,83

Goals for 2022:
Savings: €15.000
Investments: €30.000

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

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

Building materials and other luxury purchases aren't really affected yet - I'm going to buy new shoes tomorrow and they still cost exactly the same as the previous pair in September 2020, and it seems this is a good market to buy tiles and paint etc. But general COL (groceries, public transit and especially heating and electricity) have gone up a lot. We both got a nice raise recently but it's by far not enough to even keep our purchase power on the same level as it was last year. It's only a couple of years since we were low income so luckily we still have plenty of tricks up our sleeves. We've adapted the recipes we eat frequently so our weekly shop isn't as it expensive now as it would have been otherwise.
Title: Re: Race from 10 to 100k!!
Post by: Tass on September 30, 2022, 11:19:02 AM
201720182019202020212022
January$12.1k$24.7k$49.0k$76.2k$95.4k
February$13.6k$27.2k$46.5k$79.0k$95.0k
March$15.1k$29.3k$42.7k$82.6k$96.4k
April$16.6k$31.3k$47.5k$87.3k$90.3k
May$17.7k$31.5k$50.6k$88.2k$89.7k
June$18.5k$33.3k$53.5k$90.3k$84.4k
July$6.2k$20.2k$35.1k$58.5k$92.0k$92.4k
August$6.8k$20.8k$36.7k$63.0k$94.4k$89.6k
September   $8.2k$22.2k$38.6k$63.2k$93.1k$81.4k
October$9.0k$21.7k$40.2k$62.9k$97.1k
November$9.9k$22.5k$42.6k$69.9k$95.1k
December$11.1k   $22.4k   $44.6k   $75.0k   $100.3k

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

Still putting the same amount into stocks every month, at least!
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on September 30, 2022, 03:02:27 PM
September 2021 - $64,221
October 2021 - $67,968
November 2021- $67,412
December 2021 - $70,758
January 2022 - $67,992
February 2022 - $69,486
March 2022 - $73,422
April 2022 - $68,808
May 2022 - $67,948
June 2022 - $63,619
July 2022 - $67,137
August 2022 - $67,643

September 2022 - $64,126
Title: Re: Race from 10 to 100k!!
Post by: comicguy on October 01, 2022, 05:19:55 AM
September update
01/26/22  Round Up 642.33    Investment  9911.44  Total 10553.77
02/26/22  Round Up 752.42    Investment 12408.26 Total 13160.68
03/25/22  Round UP 897.57    Investment 17291.64 Total 18189.21
04/30/22  Round up 971.36    Investment 18713.79  Total 19685.15
05/29/22  Round up 1083.32  Investment 20117.98  Total 21201.30
06/30/22  Round up 1132.77  Investment 21500.10  Total 22632.87
07/30/22  Round up 1372.95  Investment 22042.54  Total 23415.49
08/31/22  Round up 1459.92  Investtment 23530.05 Total 24989.97
09/30/22  Round up 1448.77  Investment  23662.64 Total 25111.41
Title: Re: Race from 10 to 100k!!
Post by: Manchester on October 03, 2022, 10:16:26 AM
My N/W grew by £2,846.97 to a new total of £54,453.44.
My N/W grew by £1,721.56 to a new total of £56,175.
My N/W grew by £2,262.53 to a new total of £58,437.53.
My N/W grew by £3,196.03 to a new total of £61,633.56.
My N/W grew by £2,080.14 to a new total of £63,713.70.
My N/W grew by £189.35 to a new total of £63,903.05.
My N/W grew by £2,046.07 to a new total of £65,949.12.
My N/W grew by £2,489.81 to a new total of £68,438.93.
My N/W grew by £2,948.26 to a new total of £71,387.19.
My N/W decreased by £1,267.07 to a new total of £70,120.12.
My N/W grew by £73.15 to a new total of £70,193.27.
My N/W grew by £2,885.54 to a new total of £73,078.81.
My N/W grew by £5,780.77 to a new total of £78,859.58.

September wasn't pretty....

My N/W shrank by £3,114.76 to a new total of £75,744.82.

My cash accounts are actually higher than the previous month, but my pension and other investments took a big hit.  This figure is from 22/09.

The new period of high inflation certainly seems to be marking the end of the golden years for investing (following the '08 crash) - fortunately, it should be a good couple of years for all of us in this thread who can buy stocks a little cheaper.

Title: Re: Race from 10 to 100k!!
Post by: TyGuy on October 03, 2022, 12:46:54 PM
Student Loan Debt:

01/12/19: $43,762
05/04/20: $21,456
05/04/21: $21,456
05/01/22: $21,456
06/01/22: $21,456
07/01/22: $21,456
09/01/22: $21,456
10/01/22: $21,456 (These will disappear at the end of the month as I qualify for $20,000 in forgiveness!)


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739
06/05/20: $18,006 ($7,267)
07/05/20: $8,594 (-$9,412)
08/05/20: $9,084 ($490)
09/01/20: $13,497 ($4,413)
09/02/21: $57,319 ($5,027)
10/01/21: $58,555 ($1,236)
11/01/21: $60,397 ($1,842)
12/01/21: $59,891 (-$506)
01/01/22: $63,049 ($3,148)
02/02/22: $64,213 ($1,164)
03/02/22: $69,640 ($5,427)
04/01/22: $74,568 ($4,928)
05/01/22: $70,648 (-$3,920)
06/01/22: $74,612 ($3,964)
07/01/22: $69,696 (-$4,916)
09/01/22: $77,432 ($7,736)
10/01/22: $71,791 (-$5,641)


Loving the continued sale as I wont be retiring for several more years!
Title: Re: Race from 10 to 100k!!
Post by: Imma on October 03, 2022, 01:22:04 PM
Yes, I think we've now entered a period of difficulty that will last a while with several factors that aren't helping to get us out of this position. Inflation was 17,1% here in September.

We are extremely lucky to have refinanced our mortgage @ 1,8% for a 20-year fixed term a couple of months ago. We'll partly pay for the renovation of our house with that new mortgage and we're hoping to become almost completely self-sufficient for energy. Our student loans (we don't have a lot left, a couple of months of income) are also fixed at 0% for the next couple of years. When our fixed rate expires, we hope to be able to pay off the remaining balance all at once. For now we'll just let inflation eat away at our debts.

I suppose with the current developments in the UK, buying another house / getting a new mortgage isn't a realistic thing for you, at least not in the short term. We were joking that maybe in a bit we could finally afford our dream holiday cottage in the Yorkshare Dales but obviously, the past couple of weeks must have been extremely tense for everyone in your country. I hope the economy will settle down a bit now with the latest developments.  I imagine the political uncertainty will be far from over. The political uncertainty is just about starting here, with our government still very reluctant to act while our inflation is extremely high. I live in a working class neighbourhood with lots of badly maintained council homes and neighbours with modest incomes. I'm not sure if our government is noticing how much lower the quality of living of those people already is compared to a few years ago. Our government ministers live in nice affluent neighbourhoods, I don't think they really understand how bad things are getting for the lower classes. I've never experienced any societal tensions like this and I worked in social services during the last recession. During the last recession, only those who lost their jobs got into trouble. As long as they kept their jobs, people didn't really see the recession happening in their bank account, but everyone feels inflation in their bank account.
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on October 04, 2022, 02:20:41 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-   137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)
01/05/2021: 50.942,27 € (+   714,52 €)
01/06/2021: 45.969,23 € (- 4.973,04 €)
01/07/2021: 47.887,98 € (+1.918,75 €)
01/08/2021: 50.361,49 € (+2.473,51 €)
01/09/2021: 55.538,44 € (+5.176,95 €)
01/10/2021: 55.405,64 € (-    132,80 €)
01/11/2021: 62.397,76 € (+6.992,12 €)
01/12/2021: 62.957,50 € (+   559,74 €)
01/01/2022: 62.444,54 € (-    512,96 €)
01/02/2022: 57.130,55 € (- 5.313,99 €)
01/03/2022: 59.780,50 € (+2.649,95 €)
01/04/2022: 63.814,15 € (+4.033,65 €)
01/05/2022: 60.816,35 € (- 2.997,80 €)
01/06/2022: 55.643,44 € (- 5.172,91 €)
01/07/2022: 49.784,34 € (- 5.859,10 €)
01/08/2022: 56.777,07 € (+6.992,73 €)
01/09/2022: 56.724,00 € (-     53,07 €)

01/10/2022: 55.855,44 € (- 868,56 €)

Another downward month, savings were roughly 1,3k € again. Quite happy with the savings, as we went on holiday for 2 weeks but kept it pretty frugal.
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on October 04, 2022, 02:30:29 AM
Tracking cash savings and liquid investments (so excluding pensions and house value and my DH cash savings, since he has his own account which I'm not tracking)

December 2020: EUR 25,141
December 2021: EUR 40,501

January 2022: EUR 40,553
February 2022: EUR 38,767
March 2022: EUR 38,149
April 2022: EUR 40,606
May 2022: EUR 44,527
June 2022: EUR 43,915
July 2022: EUR 41,966
August 2022: EUR 45,309
September 2022: EUR 46,053

Goal for 2022: EUR 50K

Finally recovered my spreadsheet and did a recalculation using the new definitions for my total liquid funds.
We received a nice refund from the electricity and heating, since we started to save big on those by just changing some habits (and try to incorporate these habits onto our teens). I put these into savings to get through the winter, where we will have a higher bill.

Further, managed to put the same amount into stocks and still buying stocks on sale (hopefully). The dividend payments are still keeping a steady level, so it looks OK.

@Imma: I totally hear you on the refinancing. We also did one a little earlier and I'm now so happy that we did. 2.65% for another 20 years. This will definitely be eaten away by inflation in the next 20 years or so.
And I agree on the social tension. Although I live in a nice neighbourhood with a lot of relatively well-off people, I surely feel the tension in other neighbourhoods in our city on the energy prices and the inflation. Hopefully there will be some clarity in the near future.

Title: Re: Race from 10 to 100k!!
Post by: regenaeb on October 04, 2022, 06:56:56 AM
8/21/21 - SEP + Roth $ 27,113.71
9/30/21 - SEP + Roth $ 27,063.71
10/29/21 - SEP + Roth $ 29,254.43
11/30/21 - SEP + Roth $ 30,055.54
12/31/21 - SEP + Roth $ 31,239.32

1/31/22 - SEP+401K+Roth $ 30,322.94
2/28/22 - 401K + Roth $ 30,620.77 (SEP-IRA rollover to 401K complete)
3/31/22 - 401K + Roth $ 32,862.61
4/30/22 - 401K + Roth $ 31,324.59
5/31/22 - 401K + Roth $ 32,310.61
6/30/22 - 401K + Roth $ 29,261.11
7/31/22 - 401K + Roth $ 32,205.00
8/31/22 - 401k + Roth $ 32,250.37
9/30/22 - 401k + Roth $ 29,982.81

Ouch quite a hit this past month in the market. Still buying, glad I still have several more years of funding until I downshift.
Title: Re: Race from 10 to 100k!!
Post by: Manchester on October 04, 2022, 08:09:15 AM
Yes, I think we've now entered a period of difficulty that will last a while with several factors that aren't helping to get us out of this position. Inflation was 17,1% here in September.

We are extremely lucky to have refinanced our mortgage @ 1,8% for a 20-year fixed term a couple of months ago. We'll partly pay for the renovation of our house with that new mortgage and we're hoping to become almost completely self-sufficient for energy. Our student loans (we don't have a lot left, a couple of months of income) are also fixed at 0% for the next couple of years. When our fixed rate expires, we hope to be able to pay off the remaining balance all at once. For now we'll just let inflation eat away at our debts.

I suppose with the current developments in the UK, buying another house / getting a new mortgage isn't a realistic thing for you, at least not in the short term. We were joking that maybe in a bit we could finally afford our dream holiday cottage in the Yorkshare Dales but obviously, the past couple of weeks must have been extremely tense for everyone in your country. I hope the economy will settle down a bit now with the latest developments.  I imagine the political uncertainty will be far from over. The political uncertainty is just about starting here, with our government still very reluctant to act while our inflation is extremely high. I live in a working class neighbourhood with lots of badly maintained council homes and neighbours with modest incomes. I'm not sure if our government is noticing how much lower the quality of living of those people already is compared to a few years ago. Our government ministers live in nice affluent neighbourhoods, I don't think they really understand how bad things are getting for the lower classes. I've never experienced any societal tensions like this and I worked in social services during the last recession. During the last recession, only those who lost their jobs got into trouble. As long as they kept their jobs, people didn't really see the recession happening in their bank account, but everyone feels inflation in their bank account.

You're very lucky that you can refinance, fixed, for 20 years.  The longest options in the UK tend to be 10 years.  My fixed rate (@ 1.49%) ends September '23, so I daren't think what our UK base rate will be by then.  I'm half tempted to pay the fine for refinancing early just to try and lock in at 4%!

I think we're going to hold off moving.  We wanted to upgrade our house, but I'm worried about the uncertainty.  The plan right now is to sit tight and wait for the perfect house to come on the market.  If we see one we love, we might still go for it, but we won't rush into anything.

There's a lot of political uncertainty here.  Strikes, riots, cost of living crisis, Ukraine etc.  The new government seems completely shambolic (already making u-turns on key decisions).  But we have had that uncertainty since Brexit, so nothing new - the UK has gone bat-shit crazy in the last decade.

I think the Queen's death has had a huge impact on the entire country.  Although we all knew it was going to happen eventually, it really does mark the end of an era.  She's been the constant pillar of our culture for six decades.  People hate change and even though it won't change our day-to-day, the UK feels like a very different place now that she's gone.  The only way I can describe it is as a national identity crisis.  It feels a bit like a grandparent dying (which is crazy when you think about it lol), but people are really sad about it (the day she died there were people crying in the streets where I live!)

Crazy times... just gotta keep investing lol. 
Title: Re: Race from 10 to 100k!!
Post by: Manchester on October 21, 2022, 04:50:02 AM
My N/W grew by £2,846.97 to a new total of £54,453.44.
My N/W grew by £1,721.56 to a new total of £56,175.
My N/W grew by £2,262.53 to a new total of £58,437.53.
My N/W grew by £3,196.03 to a new total of £61,633.56.
My N/W grew by £2,080.14 to a new total of £63,713.70.
My N/W grew by £189.35 to a new total of £63,903.05.
My N/W grew by £2,046.07 to a new total of £65,949.12.
My N/W grew by £2,489.81 to a new total of £68,438.93.
My N/W grew by £2,948.26 to a new total of £71,387.19.
My N/W decreased by £1,267.07 to a new total of £70,120.12.
My N/W grew by £73.15 to a new total of £70,193.27.
My N/W grew by £2,885.54 to a new total of £73,078.81.
My N/W grew by £5,780.77 to a new total of £78,859.58.
My N/W shrank by £3,114.76 to a new total of £75,744.82.

October update:

My N/W shrank by £1,722.84 to a new total of £74,021.98.

Not as bad as last month, but not at all pretty.  The economic situation is very strange right now.  I obviously haven't witnessed a situation like this in my relatively short FIRE journey. 

On the bright side, stocks are cheap.  Just keep swimming...
Title: Re: Race from 10 to 100k!!
Post by: triple7stash on October 28, 2022, 09:34:07 AM
Tracking investing in SPN (which doesn't include roth)

12/28/2020 - $62,783
1/28/2021 - $67,335
2/28/2021 - $69,404
3/28/2021 - $71,869
4/28/2021 - $77,861
5/31/2021 - $79,885
6/30/2021 - $82,843
7/28/2021 - $85,130
8/29/2021 - $87,558
9/30/2021 - $87,127
10/28/2021 - $92,699
11/28/2021 - $95,021
12/28/2021 - $96,703
2/2/2022 - $93,977
2/28/2022 - $91,712
3/28/2022 - $96,748
4/28/2022 - $90,642
5/28/2022 - $91,036
6/29/2022 - $89,116
7/28/2022 - $92,360
9/1/2022 - $92,750
9/28/2022 - $85,710
10/28/2022 - $91,816
Title: Re: Race from 10 to 100k!!
Post by: Serendip on October 31, 2022, 09:56:26 AM

Dec '17    18,146
Jan '18     23,607
Dec '18    48,380
Dec '19    60,746

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

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

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

Apr '22  78,000 **big hit

Aug '22  83,006
Oct '22  85,903

** been stuck in this zone for a while but will keep plugging away.
Title: Re: Race from 10 to 100k!!
Post by: regenaeb on October 31, 2022, 10:19:02 AM
8/21/21 - SEP + Roth $ 27,113.71
9/30/21 - SEP + Roth $ 27,063.71
10/29/21 - SEP + Roth $ 29,254.43
11/30/21 - SEP + Roth $ 30,055.54
12/31/21 - SEP + Roth $ 31,239.32

1/31/22 - SEP+401K+Roth $ 30,322.94
2/28/22 - 401K + Roth $ 30,620.77 (SEP-IRA rollover to 401K complete)
3/31/22 - 401K + Roth $ 32,862.61
4/30/22 - 401K + Roth $ 31,324.59
5/31/22 - 401K + Roth $ 32,310.61
6/30/22 - 401K + Roth $ 29,261.11
7/31/22 - 401K + Roth $ 32,205.00
8/31/22 - 401k + Roth $ 32,250.37
9/30/22 - 401k + Roth $ 29,982.81
10/31/22 - 401k + Roth $ 33,124.17

Back to positive this month, nice to see.
Title: Re: Race from 10 to 100k!!
Post by: Imma on October 31, 2022, 02:36:07 PM
April 2019: €10094.35
May 2019: €11629.87
June 2019: €12728.63
July 2019: €13021,33
August 2019: €10363,95
September 2019: €10338.28
October 2019: €11128.59
November 2019: €11227,46
December 2019: €11991,27
January 2020: €12576,72
February 2020: €11904,39
March 2020: €10425,32
April 2020: €11830,70
May 2020: €12154,67
June 2020: €14634,19
July 2020: €15345,09
August 2020: €16444,46
September 2020: €17108,60
October 2020: €16687,93
November 2020: €17762,62
December 2020: €19386,94
January 2021: €20649.69
February 2021: €22021,64
March 2021: €22763,55
April 2021: €23866,70
May 2021: €25689.77
June 2021: €25659.61
July 2021: €26434.48
August 2021: €28512.33
September 2021: €29243.37
October 2021: €30357,48
November 2021: €32537,78
December 2021: €33194,68
January 2022: €32912,87
February 2022: €33483,33
March 2022: €32467,16
April 2022: €33360,09
May 2022: €33804,92
June 2022: €33276,84
July 2022: €34735,50
August 2022: €36496,61
September 2022: €35576,83
October 2022: €36432,85

Goals for 2022:
Savings: €15.000
Investments: €30.000

This is the first month I'm not adding to my investments anymore (probably for at least 9 months until the house is finished). That means at least my net worth will be going up for the next couple of months, until we start paying!
Title: Re: Race from 10 to 100k!!
Post by: comicguy on November 01, 2022, 03:46:20 AM
October update
01/26/22  Round Up 642.33    Investment  9911.44  Total 10553.77
02/26/22  Round Up 752.42    Investment 12408.26 Total 13160.68
03/25/22  Round UP 897.57    Investment 17291.64 Total 18189.21
04/30/22  Round up 971.36    Investment 18713.79  Total 19685.15
05/29/22  Round up 1083.32  Investment 20117.98  Total 21201.30
06/30/22  Round up 1132.77  Investment 21500.10  Total 22632.87
07/30/22  Round up 1372.95  Investment 22042.54  Total 23415.49
08/31/22  Round up 1459.92  Investtment 23530.05 Total 24989.97
09/30/22  Round up 1448.77  Investment  23662.64 Total 25111.41
10/31/22  Round up 1653.35  Investment  27970.70 Total 29624.05
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on November 01, 2022, 06:54:01 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-   137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)
01/05/2021: 50.942,27 € (+   714,52 €)
01/06/2021: 45.969,23 € (- 4.973,04 €)
01/07/2021: 47.887,98 € (+1.918,75 €)
01/08/2021: 50.361,49 € (+2.473,51 €)
01/09/2021: 55.538,44 € (+5.176,95 €)
01/10/2021: 55.405,64 € (-    132,80 €)
01/11/2021: 62.397,76 € (+6.992,12 €)
01/12/2021: 62.957,50 € (+   559,74 €)
01/01/2022: 62.444,54 € (-    512,96 €)
01/02/2022: 57.130,55 € (- 5.313,99 €)
01/03/2022: 59.780,50 € (+2.649,95 €)
01/04/2022: 63.814,15 € (+4.033,65 €)
01/05/2022: 60.816,35 € (- 2.997,80 €)
01/06/2022: 55.643,44 € (- 5.172,91 €)
01/07/2022: 49.784,34 € (- 5.859,10 €)
01/08/2022: 56.777,07 € (+6.992,73 €)
01/09/2022: 56.724,00 € (-     53,07 €)
01/10/2022: 55.855,44 € (-   868,56 €)

01/11/2022: 57.699,49 € (+1.844,05 €)

In the green again. We will move to a new place in the beginning of next year, which of course comes with a few expenses. So progress will likely be slower the next few months, but the new place is a really good deal and in the long run will save us a lot of money compared to similar apartments/houses, while also being a really nice place to live.
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on November 01, 2022, 08:12:46 AM
Tracking cash savings and liquid investments (so excluding pensions and house value and my DH cash savings, since he has his own account which I'm not tracking)

December 2020: EUR 25,141
December 2021: EUR 40,501

January 2022: EUR 40,553
February 2022: EUR 38,767
March 2022: EUR 38,149
April 2022: EUR 40,606
May 2022: EUR 44,527
June 2022: EUR 43,915
July 2022: EUR 41,966
August 2022: EUR 45,309
September 2022: EUR 46,053
October 2022: EUR 46,134

Goal for 2022: EUR 50K

We decided to do an extra payment on the mortgage, so increase is just small because of that. Net worth however increased!
Still hoping to reach my goal at the end of the year.
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on November 01, 2022, 09:55:57 AM
October 2021 - $67,968
November 2021- $67,412
December 2021 - $70,758
January 2022 - $67,992
February 2022 - $69,486
March 2022 - $73,422
April 2022 - $68,808
May 2022 - $67,948
June 2022 - $63,619
July 2022 - $67,137
August 2022 - $67,643
September 2022 - $64,126

October 2022 - $66,872
Title: Re: Race from 10 to 100k!!
Post by: Tass on November 01, 2022, 12:02:09 PM
201720182019202020212022
January$12.1k$24.7k$49.0k$76.2k$95.4k
February$13.6k$27.2k$46.5k$79.0k$95.0k
March$15.1k$29.3k$42.7k$82.6k$96.4k
April$16.6k$31.3k$47.5k$87.3k$90.3k
May$17.7k$31.5k$50.6k$88.2k$89.7k
June$18.5k$33.3k$53.5k$90.3k$84.4k
July$6.2k$20.2k$35.1k$58.5k$92.0k$92.4k
August$6.8k$20.8k$36.7k$63.0k$94.4k$89.6k
September   $8.2k$22.2k$38.6k$63.2k$93.1k$81.4k
October$9.0k$21.7k$40.2k$62.9k$97.1k$86.3k
November$9.9k$22.5k$42.6k$69.9k$95.1k
December$11.1k   $22.4k   $44.6k   $75.0k   $100.3k

Third high-spend month in a row, and hopefully the last for a while. October was also the last full month of my grad student income - this month I will start making >$50k salary for the first time ever!
Title: Re: Race from 10 to 100k!!
Post by: BobTheBuilder on November 01, 2022, 12:37:37 PM
Well, last time I posted the stock market was in good shape :-D

Nevertheless, NW increased to 80k since June, that is +10k in 5 months.

The next few months will be choppy, since we are buying a piece of land and will have costs associated with that (taxes, paperwork...)
Once the house is build, the ride will smooth out again.

Well Well Well - It has been a while :-D

Very much has happened since that post. We did buy that piece of land, combined finances, and locked in a 15year fixed mortgage before the worst of the interest surges kicked in. The house is still under construction due to the everything shortage, but I am very happy nonetheless. Thanks to the right plays in the stock market, and even while paying the costs associated with house-buying, we increased our net worth to a combined

201k!

So both in terms of non-married or married finance situation, our family is graduating to the next thread. Thanks to you wonderful mustachian crowd and may you all succeed!

Title: Re: Race from 10 to 100k!!
Post by: TyGuy on November 01, 2022, 12:45:32 PM
Student Loan Debt:

01/12/19: $43,762
05/04/20: $21,456
05/04/21: $21,456
05/01/22: $21,456
06/01/22: $21,456
07/01/22: $21,456
09/01/22: $21,456
10/01/22: $21,456
11/01/22: $21,456 (These should disappear soon as I qualify for $20,000 in forgiveness!)


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739
06/05/20: $18,006 ($7,267)
07/05/20: $8,594 (-$9,412)
08/05/20: $9,084 ($490)
09/01/20: $13,497 ($4,413)
09/02/21: $57,319 ($5,027)
10/01/21: $58,555 ($1,236)
11/01/21: $60,397 ($1,842)
12/01/21: $59,891 (-$506)
01/01/22: $63,049 ($3,148)
02/02/22: $64,213 ($1,164)
03/02/22: $69,640 ($5,427)
04/01/22: $74,568 ($4,928)
05/01/22: $70,648 (-$3,920)
06/01/22: $74,612 ($3,964)
07/01/22: $69,696 (-$4,916)
09/01/22: $77,432 ($7,736)
10/01/22: $71,791 (-$5,641)
11/01/22: $77,883 ($6,093)


Reached a new highest net worth this month!
Title: Re: Race from 10 to 100k!!
Post by: M5 on November 04, 2022, 02:58:40 PM
08/11/22: $95,366
09/07/22: $90,774 (-4592)
11/04/22: $90,694 (-80)
Title: Re: Race from 10 to 100k!!
Post by: LobsterLuke on November 05, 2022, 09:48:53 AM
Hey everyone! So excited to make it to this thread finally. Here are my numbers as of this morning.

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


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

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

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

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

11/5/2022: $18,312 cash + $4,002 401k + $4,560 IRA = $26,874 NW
Title: Re: Race from 10 to 100k!!
Post by: Manchester on November 22, 2022, 09:31:00 AM
My N/W grew by £2,846.97 to a new total of £54,453.44.
My N/W grew by £1,721.56 to a new total of £56,175.
My N/W grew by £2,262.53 to a new total of £58,437.53.
My N/W grew by £3,196.03 to a new total of £61,633.56.
My N/W grew by £2,080.14 to a new total of £63,713.70.
My N/W grew by £189.35 to a new total of £63,903.05.
My N/W grew by £2,046.07 to a new total of £65,949.12.
My N/W grew by £2,489.81 to a new total of £68,438.93.
My N/W grew by £2,948.26 to a new total of £71,387.19.
My N/W decreased by £1,267.07 to a new total of £70,120.12.
My N/W grew by £73.15 to a new total of £70,193.27.
My N/W grew by £2,885.54 to a new total of £73,078.81.
My N/W grew by £5,780.77 to a new total of £78,859.58.
My N/W shrank by £3,114.76 to a new total of £75,744.82.
My N/W shrank by £1,722.84 to a new total of £74,021.98.

November update:

My N/W grew by £4,766.18 to a new total of £78,788.16.

I was expecting a horrific month.  I spent quite a bit on Christmas, Birthdays and booking a holiday for a stag do.  I'm paying all the household bills whilst my wife is on Mat Leave and I've had what feels like quite a spendy month away from those things too.  Yet it was a great month.  Stocks, lol.

Just shows how important it is to ignore all the background noise and continue following the instructions!   I really want to go above £80k by the end of December.
Title: Re: Race from 10 to 100k!!
Post by: IrishFI on November 24, 2022, 11:19:38 PM
Hi Everyone, recently passed 10k so wanted to check in here.

Emergency fund - 3k
Pension - 3469
ETF - 5290 (tax on gains not deducted)
Poker Roll - 140

Goal for 2021 is to reach 20k. GL everyone.

Hit my goal for 2021 ahead of schedule. Im starting to find more spendy desires popping up. Has anyone else found that after the initial honeymoon period.

Pension - 8350
Taxable - 13300
Emergency fund - 520

Still plugging away. Been a good year to bring down my average purchase price. Well done to everyone staying the course.

Emergency Fund - 590
Pension - 13500
Taxable - 21228

Title: Re: Race from 10 to 100k!!
Post by: Trifle on November 25, 2022, 03:36:13 AM
Congratulations @BobTheBuilder!  Fantastic.

Great job to stay the course and keep saving everyone.  Looks like you're finishing the year strong.   
Title: Re: Race from 10 to 100k!!
Post by: Treedream on November 28, 2022, 03:30:56 AM
01/06/2018: -€60
01/01/2019: €2875.28
01/07/2019: €9288.2
01/08/2019: €10.485.05
01/09/2019: 11554.85
28/09/2019:  €12.182,10
24/10/2019: €13.082.24
26/11/2019: €14,311.49
01/02/2020: €15.260
29/04/2020: €18.544
31/05/2020: €21.280,05

Goal 01/01/2021: €27.500 Excluding sinking funds for holidays and health insurance, including student loan at 0.01% interest.

Good increase due to holiday payment this month. Will see how things go from here, as I have quit my job.

01/08/2020: €22,701.09. From here on out my total will go down, as I am currently unemployed and have lived of the remaining payments. Let's see where we get.

I have been pretty AWOL from this forum and this thread, since I have had a few years with limited employment and life happening. I am glad to see that I am back where I started XD. Its a couple of days early, but these seem to be the numbers for now:

November 22: € 21,636.38 +€ 972.77.

This is a very good month and I have been very diligent with the budget. Also we have received a high energy prices subsidie from the governement, which helps a lot.
Title: Re: Race from 10 to 100k!!
Post by: triple7stash on November 28, 2022, 10:18:30 AM
Tracking investing in SPN (which doesn't include roth)

12/28/2020 - $62,783
1/28/2021 - $67,335
2/28/2021 - $69,404
3/28/2021 - $71,869
4/28/2021 - $77,861
5/31/2021 - $79,885
6/30/2021 - $82,843
7/28/2021 - $85,130
8/29/2021 - $87,558
9/30/2021 - $87,127
10/28/2021 - $92,699
11/28/2021 - $95,021
12/28/2021 - $96,703
2/2/2022 - $93,977
2/28/2022 - $91,712
3/28/2022 - $96,748
4/28/2022 - $90,642
5/28/2022 - $91,036
6/29/2022 - $89,116
7/28/2022 - $92,360
9/1/2022 - $92,750
9/28/2022 - $85,710
10/28/2022 - $91,816
11/28/2022 - $99,644
Title: Re: Race from 10 to 100k!!
Post by: Treedream on November 29, 2022, 02:32:08 AM
That is a big jump this month, you are almost there!
Title: Re: Race from 10 to 100k!!
Post by: regenaeb on November 30, 2022, 09:44:27 AM
8/21/21 - SEP + Roth $ 27,113.71
9/30/21 - SEP + Roth $ 27,063.71
10/29/21 - SEP + Roth $ 29,254.43
11/30/21 - SEP + Roth $ 30,055.54
12/31/21 - SEP + Roth $ 31,239.32

1/31/22 - SEP+401K+Roth $ 30,322.94
2/28/22 - 401K + Roth $ 30,620.77 (SEP-IRA rollover to 401K complete)
3/31/22 - 401K + Roth $ 32,862.61
4/30/22 - 401K + Roth $ 31,324.59
5/31/22 - 401K + Roth $ 32,310.61
6/30/22 - 401K + Roth $ 29,261.11
7/31/22 - 401K + Roth $ 32,205.00
8/31/22 - 401k + Roth $ 32,250.37
9/30/22 - 401k + Roth $ 29,982.81
10/31/22 - 401k + Roth $ 33,124.17
11/30/22 - 401k + Roth $ 33,661.28

Title: Re: Race from 10 to 100k!!
Post by: Tass on November 30, 2022, 01:56:36 PM
201720182019202020212022
January$12.1k$24.7k$49.0k$76.2k$95.4k
February$13.6k$27.2k$46.5k$79.0k$95.0k
March$15.1k$29.3k$42.7k$82.6k$96.4k
April$16.6k$31.3k$47.5k$87.3k$90.3k
May$17.7k$31.5k$50.6k$88.2k$89.7k
June$18.5k$33.3k$53.5k$90.3k$84.4k
July$6.2k$20.2k$35.1k$58.5k$92.0k$92.4k
August$6.8k$20.8k$36.7k$63.0k$94.4k$89.6k
September   $8.2k$22.2k$38.6k$63.2k$93.1k$81.4k
October$9.0k$21.7k$40.2k$62.9k$97.1k$86.3k
November$9.9k$22.5k$42.6k$69.9k$95.1k$90.8k
December$11.1k   $22.4k   $44.6k   $75.0k   $100.3k

Third high-spend month in a row, and hopefully the last for a while. October was also the last full month of my grad student income - this month I will start making >$50k salary for the first time ever!

I was wrong on several counts last month. I had a fourth high-spending month (and a pitiful 8% savings rate - the NW increase is all from the market). And while I started my new job this month, my first paycheck from it won't arrive until this Friday, so THIS is my official End Of Grad School savings mark.
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on December 01, 2022, 12:14:34 AM
Tracking cash savings and liquid investments (so excluding pensions and house value and my DH cash savings, since he has his own account which I'm not tracking)

December 2020: EUR 25,141
December 2021: EUR 40,501

January 2022: EUR 40,553
February 2022: EUR 38,767
March 2022: EUR 38,149
April 2022: EUR 40,606
May 2022: EUR 44,527
June 2022: EUR 43,915
July 2022: EUR 41,966
August 2022: EUR 45,309
September 2022: EUR 46,053
October 2022: EUR 46,134
November 2022: EUR 46,770

Goal for 2022: EUR 50K

Savings are a lot harder with increasing prices for groceries and energy and my salary not keeping up with it (hopefully in January it will increase, we only have a yearly salary review). Still hoping for a nice bonus in December which will allow me to get to my 2022 goal. Time to closely review spending and cut out more unneccessary items......

@Tass : you're in great shape getting out of grad school with this net worth!
@triple7stash: almost there! 2022 will be your graduation year from this thread!
Title: Re: Race from 10 to 100k!!
Post by: comicguy on December 01, 2022, 03:43:40 AM
November update
01/26/22  Round Up 642.33    Investment  9911.44  Total 10553.77
02/26/22  Round Up 752.42    Investment 12408.26 Total 13160.68
03/25/22  Round UP 897.57    Investment 17291.64 Total 18189.21
04/30/22  Round up 971.36    Investment 18713.79  Total 19685.15
05/29/22  Round up 1083.32  Investment 20117.98  Total 21201.30
06/30/22  Round up 1132.77  Investment 21500.10  Total 22632.87
07/30/22  Round up 1372.95  Investment 22042.54  Total 23415.49
08/31/22  Round up 1459.92  Investtment 23530.05 Total 24989.97
09/30/22  Round up 1448.77  Investment  23662.64 Total 25111.41
10/31/22  Round up 1653.35  Investment  27970.70 Total 29624.05
11/20/22  Round up 1888.20  Investment  30821.32 Total 32709.52
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on December 01, 2022, 06:09:38 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-   137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)
01/05/2021: 50.942,27 € (+   714,52 €)
01/06/2021: 45.969,23 € (- 4.973,04 €)
01/07/2021: 47.887,98 € (+1.918,75 €)
01/08/2021: 50.361,49 € (+2.473,51 €)
01/09/2021: 55.538,44 € (+5.176,95 €)
01/10/2021: 55.405,64 € (-    132,80 €)
01/11/2021: 62.397,76 € (+6.992,12 €)
01/12/2021: 62.957,50 € (+   559,74 €)
01/01/2022: 62.444,54 € (-    512,96 €)
01/02/2022: 57.130,55 € (- 5.313,99 €)
01/03/2022: 59.780,50 € (+2.649,95 €)
01/04/2022: 63.814,15 € (+4.033,65 €)
01/05/2022: 60.816,35 € (- 2.997,80 €)
01/06/2022: 55.643,44 € (- 5.172,91 €)
01/07/2022: 49.784,34 € (- 5.859,10 €)
01/08/2022: 56.777,07 € (+6.992,73 €)
01/09/2022: 56.724,00 € (-     53,07 €)
01/10/2022: 55.855,44 € (-   868,56 €)
01/11/2022: 57.699,49 € (+1.844,05 €)

01/12/2022: 56.415,91 € (-1.283,58 €)

Another red month and net worth is lower than 12 month ago for the 2nd month in a row, despite savings of roughly 14k between November last year and now.
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on December 01, 2022, 07:14:58 AM
November 2021- $67,412
December 2021 - $70,758
January 2022 - $67,992
February 2022 - $69,486
March 2022 - $73,422
April 2022 - $68,808
May 2022 - $67,948
June 2022 - $63,619
July 2022 - $67,137
August 2022 - $67,643
September 2022 - $64,126
October 2022 - $66,872

November 2022 - $71,859

And I'm back up above $70k yet again, but who knows if it'll actually stick this time!
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on December 01, 2022, 11:13:08 AM
Student Loan Debt:

01/12/19: $43,762
05/04/20: $21,456
05/04/21: $21,456
05/01/22: $21,456
11/01/22: $21,456
12/01/22: $21,456 (currently at 0% interest)


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739
06/05/20: $18,006 ($7,267)
07/05/20: $8,594 (-$9,412)
08/05/20: $9,084 ($490)
09/01/20: $13,497 ($4,413)
09/02/21: $57,319 ($5,027)
10/01/21: $58,555 ($1,236)
11/01/21: $60,397 ($1,842)
12/01/21: $59,891 (-$506)
01/01/22: $63,049 ($3,148)
02/02/22: $64,213 ($1,164)
03/02/22: $69,640 ($5,427)
04/01/22: $74,568 ($4,928)
05/01/22: $70,648 (-$3,920)
06/01/22: $74,612 ($3,964)
07/01/22: $69,696 (-$4,916)
09/01/22: $77,432 ($7,736)
10/01/22: $71,791 (-$5,641)
11/01/22: $77,883 ($6,093)
12/01/22: $85,811 ($7,928)


My net worth continues to reach new all time highs and I had my largest single month increase in November, despite holiday spending! I'm hopeful to be able to graduate from this thread in early 2023!
Title: Re: Race from 10 to 100k!!
Post by: Manchester on December 02, 2022, 02:39:24 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-   137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)
01/05/2021: 50.942,27 € (+   714,52 €)
01/06/2021: 45.969,23 € (- 4.973,04 €)
01/07/2021: 47.887,98 € (+1.918,75 €)
01/08/2021: 50.361,49 € (+2.473,51 €)
01/09/2021: 55.538,44 € (+5.176,95 €)
01/10/2021: 55.405,64 € (-    132,80 €)
01/11/2021: 62.397,76 € (+6.992,12 €)
01/12/2021: 62.957,50 € (+   559,74 €)
01/01/2022: 62.444,54 € (-    512,96 €)
01/02/2022: 57.130,55 € (- 5.313,99 €)
01/03/2022: 59.780,50 € (+2.649,95 €)
01/04/2022: 63.814,15 € (+4.033,65 €)
01/05/2022: 60.816,35 € (- 2.997,80 €)
01/06/2022: 55.643,44 € (- 5.172,91 €)
01/07/2022: 49.784,34 € (- 5.859,10 €)
01/08/2022: 56.777,07 € (+6.992,73 €)
01/09/2022: 56.724,00 € (-     53,07 €)
01/10/2022: 55.855,44 € (-   868,56 €)
01/11/2022: 57.699,49 € (+1.844,05 €)

01/12/2022: 56.415,91 € (-1.283,58 €)

Another red month and net worth is lower than 12 month ago for the 2nd month in a row, despite savings of roughly 14k between November last year and now.

Look on the bright side - you're buying shares cheaply.  In the long run this period of time will benefit us all greatly.

It is very frustrating to see though.
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on December 02, 2022, 07:34:51 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-   137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)
01/05/2021: 50.942,27 € (+   714,52 €)
01/06/2021: 45.969,23 € (- 4.973,04 €)
01/07/2021: 47.887,98 € (+1.918,75 €)
01/08/2021: 50.361,49 € (+2.473,51 €)
01/09/2021: 55.538,44 € (+5.176,95 €)
01/10/2021: 55.405,64 € (-    132,80 €)
01/11/2021: 62.397,76 € (+6.992,12 €)
01/12/2021: 62.957,50 € (+   559,74 €)
01/01/2022: 62.444,54 € (-    512,96 €)
01/02/2022: 57.130,55 € (- 5.313,99 €)
01/03/2022: 59.780,50 € (+2.649,95 €)
01/04/2022: 63.814,15 € (+4.033,65 €)
01/05/2022: 60.816,35 € (- 2.997,80 €)
01/06/2022: 55.643,44 € (- 5.172,91 €)
01/07/2022: 49.784,34 € (- 5.859,10 €)
01/08/2022: 56.777,07 € (+6.992,73 €)
01/09/2022: 56.724,00 € (-     53,07 €)
01/10/2022: 55.855,44 € (-   868,56 €)
01/11/2022: 57.699,49 € (+1.844,05 €)

01/12/2022: 56.415,91 € (-1.283,58 €)

Another red month and net worth is lower than 12 month ago for the 2nd month in a row, despite savings of roughly 14k between November last year and now.

Look on the bright side - you're buying shares cheaply.  In the long run this period of time will benefit us all greatly.

It is very frustrating to see though.

Oh I am viewing this as a positive in the long-run. I think it especially helps to train a steady hand while relatively "little" money is at stake early in the accumulation phase. For people that started investing 2009 after the financial crisis, have large stashes now and experienced mostly only upwards markets until recently this might be a lot more difficult to handle.
Title: Re: Race from 10 to 100k!!
Post by: M5 on December 08, 2022, 04:33:52 PM
08/11/22: $95,366
09/07/22: $90,774 (-4592)
11/04/22: $90,694 (-80)
12/08/22: $97,814 (+7120)
Title: Re: Race from 10 to 100k!!
Post by: Serendip on December 27, 2022, 04:31:49 PM
Dec '17    18,146
Jan '18     23,607
Dec '18    48,380
Dec '19    60,746

Jan '20     63,186
July '20    58,562
Oct '20    60,900
Dec '20    62,900

Jan '21    65,400
Feb '21    67,600
Mar '21    68,750
July '21   79,020
Aug '21   82,801
Sept '21  81,077

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

Apr '22  78,000 **big hit

Aug '22  83,006
Oct '22  85,903
Dec '22  87,113

** had a dismal financial year. Or I should say, I made some VERY bad investment choices (listened to a friend about an 'investment opportunity' and of course, it flopped).  Had planned to have graduated out of this thread during '22.

However no need to fuss, I've self-flagellated enough. Shall move forward and make better choices in this upcoming year.
Title: Re: Race from 10 to 100k!!
Post by: comicguy on December 31, 2022, 05:40:19 AM
December update
01/26/22  Round Up 642.33    Investment  9911.44   Total 10553.77
02/26/22  Round Up 752.42    Investment 12408.26  Total 13160.68
03/25/22  Round UP 897.57    Investment 17291.64  Total 18189.21
04/30/22  Round up 971.36    Investment 18713.79  Total 19685.15
05/29/22  Round up 1083.32  Investment 20117.98  Total 21201.30
06/30/22  Round up 1132.77  Investment 21500.10  Total 22632.87
07/30/22  Round up 1372.95  Investment 22042.54  Total 23415.49
08/31/22  Round up 1459.92  Investtment 23530.05 Total 24989.97
09/30/22  Round up 1448.77  Investment  23662.64 Total 25111.41
10/31/22  Round up 1653.35  Investment  27970.70 Total 29624.05
11/20/22  Round up 1888.20  Investment  30821.32 Total 32709.52
12/31/22  Round up 1930.61  Investment  30827.38 Total 32757.99
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on December 31, 2022, 09:09:58 AM
December 2021 - $70,758
January 2022 - $67,992
February 2022 - $69,486
March 2022 - $73,422
April 2022 - $68,808
May 2022 - $67,948
June 2022 - $63,619
July 2022 - $67,137
August 2022 - $67,643
September 2022 - $64,126
October 2022 - $66,872
November 2022 - $71,859

December 2022 - $70,117

Two months in a row above $70K.  Still not above my high earlier in the year, but I'll take it. 
Title: Re: Race from 10 to 100k!!
Post by: regenaeb on December 31, 2022, 03:57:58 PM
8/31/21 - SEP + Roth $ 27,113.71
9/ 30/21 - SEP + Roth $ 27,063.71
10/29/21 - SEP + Roth $ 29,254.43
11/30/21 - SEP + Roth $ 30,055.54
12/31/21 - SEP + Roth $ 31,239.32

1/31/22 - SEP+401K+Roth $ 30,322.94
2/28/22 - 401K + Roth $ 30,620.77 (SEP-IRA rollover to 401K complete)
3/31/22 - 401K + Roth $ 32,862.61
4/30/22 - 401K + Roth $ 31,324.59
5/31/22 - 401K + Roth $ 32,310.61
6/30/22 - 401K + Roth $ 29,261.11
7/31/22 - 401K + Roth $ 32,205.00
8/31/22 - 401k + Roth $ 32,250.37
9/30/22 - 401k + Roth $ 29,982.81
10/31/22 - 401k + Roth $ 33,124.17
11/30/22 - 401k + Roth $ 33,661.28
12/31/22 - 401k + Roth $ 34,080.56
Title: Re: Race from 10 to 100k!!
Post by: Tass on December 31, 2022, 05:08:27 PM
201720182019202020212022
January$12.1k$24.7k$49.0k$76.2k$95.4k
February$13.6k$27.2k$46.5k$79.0k$95.0k
March$15.1k$29.3k$42.7k$82.6k$96.4k
April$16.6k$31.3k$47.5k$87.3k$90.3k
May$17.7k$31.5k$50.6k$88.2k$89.7k
June$18.5k$33.3k$53.5k$90.3k$84.4k
July$6.2k$20.2k$35.1k$58.5k$92.0k$92.4k
August$6.8k$20.8k$36.7k$63.0k$94.4k$89.6k
September   $8.2k$22.2k$38.6k$63.2k$93.1k$81.4k
October$9.0k$21.7k$40.2k$62.9k$97.1k$86.3k
November$9.9k$22.5k$42.6k$69.9k$95.1k$90.8k
December$11.1k   $22.4k   $44.6k   $75.0k   $100.3k$94.7k

Behold, a 3-paycheck month at my new salary! I put almost $7500 into my 403b before the end of the year... my last take-home paycheck was $12. Looking forward to a slightly less lean budget in the new year.

Edited following an end-of-year donation.
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on January 02, 2023, 11:00:10 AM
Student Loan Debt:

01/12/19: $43,762
05/04/20: $21,456
05/04/21: $21,456
05/01/22: $21,456
11/01/22: $21,456
12/01/22: $21,456
01/01/23: $21,456 (currently at 0% interest)


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739
06/05/20: $18,006 ($7,267)
07/05/20: $8,594 (-$9,412)
08/05/20: $9,084 ($490)
09/01/20: $13,497 ($4,413)
09/02/21: $57,319 ($5,027)
10/01/21: $58,555 ($1,236)
11/01/21: $60,397 ($1,842)
12/01/21: $59,891 (-$506)
01/01/22: $63,049 ($3,148)
02/02/22: $64,213 ($1,164)
03/02/22: $69,640 ($5,427)
04/01/22: $74,568 ($4,928)
05/01/22: $70,648 (-$3,920)
06/01/22: $74,612 ($3,964)
07/01/22: $69,696 (-$4,916)
09/01/22: $77,432 ($7,736)
10/01/22: $71,791 (-$5,641)
11/01/22: $77,883 ($6,093)
12/01/22: $85,811 ($7,928)
01/01/23: $87,715 ($1,904)

I had a 3 paycheck month in December, which allowed me to save a lot, despite having a high spend month due to the holidays. I look forward to graduating this thread, with a goal of March/April of 2023, and I am excited to see others join me! Best of luck to everyone this year as you continue your race to 100K!!
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on January 03, 2023, 01:29:20 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-   137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)
01/05/2021: 50.942,27 € (+   714,52 €)
01/06/2021: 45.969,23 € (- 4.973,04 €)
01/07/2021: 47.887,98 € (+1.918,75 €)
01/08/2021: 50.361,49 € (+2.473,51 €)
01/09/2021: 55.538,44 € (+5.176,95 €)
01/10/2021: 55.405,64 € (-    132,80 €)
01/11/2021: 62.397,76 € (+6.992,12 €)
01/12/2021: 62.957,50 € (+   559,74 €)
01/01/2022: 62.444,54 € (-    512,96 €)
01/02/2022: 57.130,55 € (- 5.313,99 €)
01/03/2022: 59.780,50 € (+2.649,95 €)
01/04/2022: 63.814,15 € (+4.033,65 €)
01/05/2022: 60.816,35 € (- 2.997,80 €)
01/06/2022: 55.643,44 € (- 5.172,91 €)
01/07/2022: 49.784,34 € (- 5.859,10 €)
01/08/2022: 56.777,07 € (+6.992,73 €)
01/09/2022: 56.724,00 € (-     53,07 €)
01/10/2022: 55.855,44 € (-   868,56 €)
01/11/2022: 57.699,49 € (+1.844,05 €)
01/12/2022: 56.415,91 € (- 1.283,58 €)

01/01/2023: 56.475,06 € (59,15 €)

Savings were roughly 2k, completely eaten up by bad performance.
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on January 03, 2023, 02:15:29 AM
Tracking cash savings and liquid investments (so excluding pensions and house value and my DH cash savings, since he has his own account which I'm not tracking)

December 2020: EUR 25,141
December 2021: EUR 40,501
December 2022: EUR 50,344



Goal for 2023: EUR 60K

YES!!!!! I managed to get to my 2022 goal of EUR 50K (just barely, but did it!). This is the halfway mark......!
I spent some time doing my 2023 plans and EUR 60K is a stretch, but doable if we keep very strict to budgets. There will be some travel this year, a few large (expected) expenses, but I'm hoping we can keep stuffing money away to continue our road to 100K.
Title: Re: Race from 10 to 100k!!
Post by: la Condessa on January 03, 2023, 07:08:34 PM
EF cash: $3,500

Vanguard Roth IRA: $7,517.95

Robinhood: $94.48

= $11,112.43

EF cash: $3,500

Vanguard Roth IRA: $9,310.32

Vanguard tIRA: $1,983.07

Robinhood: $209

= $15,002.39

EF : $3500

Roth IRA: $8,921.13
tIRA : $5,708.08
tIRA : $2,279.00

Robinhood : $239.28

=$17,146.49

EF : $1650

Roth IRA : $7741.74
tIRA : $5537.45
tIRA : $6072.85

Robinhood : $201.84

=$21,203.88

+Editing to reflect this month's contribution.
Title: Re: Race from 10 to 100k!!
Post by: MoseyingAlong on January 04, 2023, 05:20:05 AM
EF cash: $3,500

Vanguard Roth IRA: $7,517.95

Robinhood: $94.48

= $11,112.43

EF cash: $3,500

Vanguard Roth IRA: $9,310.32

Vanguard tIRA: $1,983.07

Robinhood: $209

= $15,002.39

EF : $3500

Roth IRA: $8,921.13
tIRA : $5,708.08
tIRA : $2,279.00

Robinhood : $239.28

=$17,146.49

EF : $1650

Roth IRA : $7741.74
tIRA : $5408.81
tIRA : $4851.49

Robinhood : $201.84

=$19853.88

@la Condessa That's some nice progress. Especially considering how the market went in 2022. Keep it up!
Title: Re: Race from 10 to 100k!!
Post by: M5 on January 04, 2023, 08:21:56 AM
08/11/22: $95,366
09/07/22: $90,774 (-4592)
11/04/22: $90,694 (-80)
12/08/22: $97,814 (+7120)
01/04/23: $99,198 (+1384)
Title: Re: Race from 10 to 100k!!
Post by: Rytrik on January 04, 2023, 01:02:55 PM
02022/06/01 - $29,000
02023/01/01 - $31,750
Title: Re: Race from 10 to 100k!!
Post by: la Condessa on January 04, 2023, 08:01:18 PM

@la Condessa That's some nice progress. Especially considering how the market went in 2022. Keep it up!

Thanks.  It's nice to hear some encouragement, especially as I don't feel like we've managed very good progress lately.
Title: Re: Race from 10 to 100k!!
Post by: Treedream on January 05, 2023, 12:17:26 PM
01/06/2018: -€60
01/01/2019: €2875.28
01/07/2019: €9288.2
01/08/2019: €10.485.05
01/09/2019: 11554.85
28/09/2019:  €12.182,10
24/10/2019: €13.082.24
26/11/2019: €14,311.49
01/02/2020: €15.260
29/04/2020: €18.544
31/05/2020: €21.280,05

I have been pretty AWOL from this forum and this thread, since I have had a few years with limited employment and life happening. I am glad to see that I am back where I started XD. Its a couple of days early, but these seem to be the numbers for now:

November 22: € 21,636.38 +€ 972.77.

This is a very good month and I have been very diligent with the budget. Also we have received a high energy prices subsidie from the governement, which helps a lot.

01/01/2023: € 22,315.45 +€ 679.07

I put a lot of money into savings this month, but the market didn't help. I also prepaid a whole year of health insurance, which was about another 1250, so I am pretty pleased with the end of the year. IN part due to unsuspected bonus from the boss. Love me some bonus.
Title: Re: Race from 10 to 100k!!
Post by: Tass on January 31, 2023, 09:18:25 AM
201720182019202020212022
January$12.1k$24.7k$49.0k$76.2k$95.4k
February$13.6k$27.2k$46.5k$79.0k$95.0k
March$15.1k$29.3k$42.7k$82.6k$96.4k
April$16.6k$31.3k$47.5k$87.3k$90.3k
May$17.7k$31.5k$50.6k$88.2k$89.7k
June$18.5k$33.3k$53.5k$90.3k$84.4k
July$6.2k$20.2k$35.1k$58.5k$92.0k$92.4k
August$6.8k$20.8k$36.7k$63.0k$94.4k$89.6k
September   $8.2k$22.2k$38.6k$63.2k$93.1k$81.4k
October$9.0k$21.7k$40.2k$62.9k$97.1k$86.3k
November$9.9k$22.5k$42.6k$69.9k$95.1k$90.8k
December$11.1k   $22.4k   $44.6k   $75.0k   $100.3k$94.7k

Over a year after first, briefly touching $100k, and over 5 years after first entering this race, today I am leaving with $103.3k!

The jump is helped partly by my new, higher income, but significantly more by market gains following a year of chucking money in despite seeing no return.

ETA my first post in this thread:

Joining for the new year, and I'll probably be here for a while... As of this month I am debt-free and I'm narrowly on-track to max out my ROTH by April. My spreadsheet says I won't hit 100k until 2024.

I'm not going to join the next race because I'm planning to combine finances with my partner in a few months anyway, but it feels good to have hit this milestone all on my own. Thanks for the camaraderie everyone!
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on January 31, 2023, 09:21:16 AM
January 2022 - $67,992
February 2022 - $69,486
March 2022 - $73,422
April 2022 - $68,808
May 2022 - $67,948
June 2022 - $63,619
July 2022 - $67,137
August 2022 - $67,643
September 2022 - $64,126
October 2022 - $66,872
November 2022 - $71,859
December 2022 - $70,117

January 2023 - $74,355

When I looked at the numbers yesterday I was over $75K (dang it), but this is still a new net worth high!
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on January 31, 2023, 09:22:55 AM
Over a year after first, briefly touching $100k, and over 5 years after first entering this race, today I am leaving with $103.3k!

The jump is helped partly by my new, higher income, but significantly more by market gains following a year of chucking money in despite seeing no return.

I'm not going to join the next race because I'm planning to combine finances with my partner in a few months anyway, but it feels good to have hit this milestone all on my own. Thanks for the camaraderie everyone!

Congrats, @Tass!  :)  We'll miss you around these parts!
Title: Re: Race from 10 to 100k!!
Post by: Serendip on January 31, 2023, 11:36:06 AM

Dec '17    18,146
Jan '18     23,607
Dec '18    48,380
Dec '19    60,746
Jan '20     63,186
July '20    58,562
Dec '20    62,900

Jan '21    65,400
Mar '21    68,750
July '21   79,020
Aug '21   82,801

Dec ‘21   84,800
Jan '22   83,500
Mar '22  88,775
Apr '22  78,000 **big hit

Aug '22  83,006
Dec '22  87,113
Jan'23   88,732

almost at a new high but not quite-- excited to reach 100k this year.
 Will need to stay on track (and also have separate savings for travel :))
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on February 01, 2023, 12:17:29 AM
Tracking cash savings and liquid investments (so excluding pensions and house value and my DH cash savings, since he has his own account which I'm not tracking)

December 2020: EUR 25,141
December 2021: EUR 40,501
December 2022: EUR 50,344

January 2023: EUR 52,461


Goal for 2023: EUR 60K

Very good month. The markets were really good! Since we have booked several flights/accomodations for our holidays and it needs to be paid in February, next month I expect a movement downwards. But still on track to the goal for 2023.

@Serendip: I will cheer with you. You are getting so close to the 6 figure number. Keep up the savings!

@Tass: Graduation is 1 year earlier than you expected when joining the thread. Impressive!!!! Now the next stop is getting to 200 together with your partner!

@LittleWanderer: a new high! This gives energy to get to even more new highs in the next months.

Title: Re: Race from 10 to 100k!!
Post by: comicguy on February 01, 2023, 03:42:32 AM
January update
01/26/22  Round Up 642.33    Investment  9911.44   Total 10553.77
02/26/22  Round Up 752.42    Investment 12408.26  Total 13160.68
03/25/22  Round UP 897.57    Investment 17291.64  Total 18189.21
04/30/22  Round up 971.36    Investment 18713.79  Total 19685.15
05/29/22  Round up 1083.32  Investment 20117.98  Total 21201.30
06/30/22  Round up 1132.77  Investment 21500.10  Total 22632.87
07/30/22  Round up 1372.95  Investment 22042.54  Total 23415.49
08/31/22  Round up 1459.92  Investtment 23530.05 Total 24989.97
09/30/22  Round up 1448.77  Investment  23662.64 Total 25111.41
10/31/22  Round up 1653.35  Investment  27970.70 Total 29624.05
11/20/22  Round up 1888.20  Investment  30821.32 Total 32709.52
12/31/22  Round up 1930.61  Investment  30827.38 Total 32757.99

1/31/23   Round up 2191.57   Investment  34746.35 Total 36937.92
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on February 01, 2023, 06:27:34 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-   137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)
01/05/2021: 50.942,27 € (+   714,52 €)
01/06/2021: 45.969,23 € (- 4.973,04 €)
01/07/2021: 47.887,98 € (+1.918,75 €)
01/08/2021: 50.361,49 € (+2.473,51 €)
01/09/2021: 55.538,44 € (+5.176,95 €)
01/10/2021: 55.405,64 € (-    132,80 €)
01/11/2021: 62.397,76 € (+6.992,12 €)
01/12/2021: 62.957,50 € (+   559,74 €)
01/01/2022: 62.444,54 € (-    512,96 €)
01/02/2022: 57.130,55 € (- 5.313,99 €)
01/03/2022: 59.780,50 € (+2.649,95 €)
01/04/2022: 63.814,15 € (+4.033,65 €)
01/05/2022: 60.816,35 € (- 2.997,80 €)
01/06/2022: 55.643,44 € (- 5.172,91 €)
01/07/2022: 49.784,34 € (- 5.859,10 €)
01/08/2022: 56.777,07 € (+6.992,73 €)
01/09/2022: 56.724,00 € (-     53,07 €)
01/10/2022: 55.855,44 € (-   868,56 €)
01/11/2022: 57.699,49 € (+1.844,05 €)
01/12/2022: 56.415,91 € (- 1.283,58 €)
01/01/2023: 56.475,06 € (+    59,15 €)

01/02/2023: 59.646,67 € (+3.171,61 €)

First time there were 2 green months in a row since last April. Savings were roughly negative 1 k€ in January though, as we had some expected spending due to the move in February.
[/quote]
Title: Re: Race from 10 to 100k!!
Post by: regenaeb on February 01, 2023, 06:34:46 AM
8/31/21 - SEP + Roth $ 27,113.71
12/31/21 - SEP + Roth $ 31,239.32

1/31/22 - SEP+401K+Roth $ 30,322.94
12/31/22 - 401k + Roth $ 34,080.56

1/31/23 - 401k + Roth $ 37,633.60
Title: Re: Race from 10 to 100k!!
Post by: triple7stash on February 01, 2023, 09:02:36 AM
Tracking investing in SPN (which doesn't include roth)

12/28/2020 - $62,783
1/28/2021 - $67,335
2/28/2021 - $69,404
3/28/2021 - $71,869
4/28/2021 - $77,861
5/31/2021 - $79,885
6/30/2021 - $82,843
7/28/2021 - $85,130
8/29/2021 - $87,558
9/30/2021 - $87,127
10/28/2021 - $92,699
11/28/2021 - $95,021
12/28/2021 - $96,703
2/2/2022 - $93,977
2/28/2022 - $91,712
3/28/2022 - $96,748
4/28/2022 - $90,642
5/28/2022 - $91,036
6/29/2022 - $89,116
7/28/2022 - $92,360
9/1/2022 - $92,750
9/28/2022 - $85,710
10/28/2022 - $91,816
11/28/2022 - $99,644
2/1/2023 - $102,693.54

Woot! Forgot to check for 2 months and made it 🙌🏼🙌🏼🙌🏼
Godspeed for everyone :)
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on February 01, 2023, 06:23:44 PM
Student Loan Debt

01/12/19: $43,762
05/04/20: $21,456
05/04/21: $21,456
05/01/22: $21,456
11/01/22: $21,456
12/01/22: $21,456
01/01/23: $21,456 (currently at 0% interest)


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739
06/05/20: $18,006 ($7,267)
07/05/20: $8,594 (-$9,412)
08/05/20: $9,084 ($490)
09/01/20: $13,497 ($4,413)
09/02/21: $57,319 ($5,027)
10/01/21: $58,555 ($1,236)
11/01/21: $60,397 ($1,842)
12/01/21: $59,891 (-$506)
01/01/22: $63,049 ($3,148)
02/02/22: $64,213 ($1,164)
03/02/22: $69,640 ($5,427)
04/01/22: $74,568 ($4,928)
05/01/22: $70,648 (-$3,920)
06/01/22: $74,612 ($3,964)
07/01/22: $69,696 (-$4,916)
09/01/22: $77,432 ($7,736)
10/01/22: $71,791 (-$5,641)
11/01/22: $77,883 ($6,093)
12/01/22: $85,811 ($7,928)
01/01/23: $87,715 ($1,904)
02/01/23: $98,317 ($10,602)

My largest single month increase, my new personnel high for net worth, and oh so close to graduating this thread. Unless there is a big down turn in the market I should be graduating from this thread next month with a bit of buffer. It is exciting for me to see such large increases and it almost feels surreal! Congrats to everyone else as it appears many of you had exceptional months as well!
Title: Re: Race from 10 to 100k!!
Post by: la Condessa on February 02, 2023, 06:47:48 AM
EF cash: $3,500

Vanguard Roth IRA: $7,517.95

Robinhood: $94.48

= $11,112.43

EF cash: $3,500

Vanguard Roth IRA: $9,310.32

Vanguard tIRA: $1,983.07

Robinhood: $209

= $15,002.39

EF : $3500

Roth IRA: $8,921.13
tIRA : $5,708.08
tIRA : $2,279.00

Robinhood : $239.28

=$17,146.49

EF : $1650

Roth IRA : $7741.74
tIRA : $5537.45
tIRA : $6072.85

Robinhood : $201.84

=$21,203.88


EF : $2,580

Roth IRA : $8,282.52
tIRA : $5,993.05
tIRA : $8,981.68

Robinhood : $220.47

=$26,057.72

Real progress!  Partly the market and partly executing the plan.  And partly my husband really getting fully on board for the first time.  He’s doing awesome.  We’re on track to finish filling the IRAs for last year before the cutoff.
Title: Re: Race from 10 to 100k!!
Post by: la Condessa on February 02, 2023, 07:44:18 AM
Student Loan Debt

01/12/19: $43,762
05/04/20: $21,456
05/04/21: $21,456
05/01/22: $21,456
11/01/22: $21,456
12/01/22: $21,456
01/01/23: $21,456 (currently at 0% interest)


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739
06/05/20: $18,006 ($7,267)
07/05/20: $8,594 (-$9,412)
08/05/20: $9,084 ($490)
09/01/20: $13,497 ($4,413)
09/02/21: $57,319 ($5,027)
10/01/21: $58,555 ($1,236)
11/01/21: $60,397 ($1,842)
12/01/21: $59,891 (-$506)
01/01/22: $63,049 ($3,148)
02/02/22: $64,213 ($1,164)
03/02/22: $69,640 ($5,427)
04/01/22: $74,568 ($4,928)
05/01/22: $70,648 (-$3,920)
06/01/22: $74,612 ($3,964)
07/01/22: $69,696 (-$4,916)
09/01/22: $77,432 ($7,736)
10/01/22: $71,791 (-$5,641)
11/01/22: $77,883 ($6,093)
12/01/22: $85,811 ($7,928)
01/01/23: $87,715 ($1,904)
02/01/23: $98,317 ($10,602)

My largest single month increase, my new personnel high for net worth, and oh so close to graduating this thread. Unless there is a big down turn in the market I should be graduating from this thread next month with a bit of buffer. It is exciting for me to see such large increases and it almost feels surreal! Congrats to everyone else as it appears many of you had exceptional months as well!

Awesome!
Title: Re: Race from 10 to 100k!!
Post by: Treedream on February 03, 2023, 06:55:57 AM
01/06/2018: -€60
01/01/2019: €2.875,28
01/07/2019: €9.288,20
01/08/2019: €10.485,05
01/09/2019: €11.554,85
28/09/2019: €12.182,10
24/10/2019: €13.082,24
26/11/2019: €14,311,49
01/02/2020: €15.260
29/04/2020: €18.544
31/05/2020: €21.280,05

Big gap

01/12/2022: € 21.636,38 +€ 972.77.
01/01/2023: € 22.315,45 +€ 679.07
01/02/2023: € 23.270,66 +€ 955.21

Nice result this month, due to the market moving quite a bit. Didn't save as much money as I hoped, but I am stockpiling money for a bigger hobby-expense. Trying to stay strict with myself for that one.
Title: Re: Race from 10 to 100k!!
Post by: DieHard_772 on February 03, 2023, 10:07:34 AM
Student Loan Debt

01/12/19: $43,762
05/04/20: $21,456
05/04/21: $21,456
05/01/22: $21,456
11/01/22: $21,456
12/01/22: $21,456
01/01/23: $21,456 (currently at 0% interest)


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739
06/05/20: $18,006 ($7,267)
07/05/20: $8,594 (-$9,412)
08/05/20: $9,084 ($490)
09/01/20: $13,497 ($4,413)
09/02/21: $57,319 ($5,027)
10/01/21: $58,555 ($1,236)
11/01/21: $60,397 ($1,842)
12/01/21: $59,891 (-$506)
01/01/22: $63,049 ($3,148)
02/02/22: $64,213 ($1,164)
03/02/22: $69,640 ($5,427)
04/01/22: $74,568 ($4,928)
05/01/22: $70,648 (-$3,920)
06/01/22: $74,612 ($3,964)
07/01/22: $69,696 (-$4,916)
09/01/22: $77,432 ($7,736)
10/01/22: $71,791 (-$5,641)
11/01/22: $77,883 ($6,093)
12/01/22: $85,811 ($7,928)
01/01/23: $87,715 ($1,904)
02/01/23: $98,317 ($10,602)

My largest single month increase, my new personnel high for net worth, and oh so close to graduating this thread. Unless there is a big down turn in the market I should be graduating from this thread next month with a bit of buffer. It is exciting for me to see such large increases and it almost feels surreal! Congrats to everyone else as it appears many of you had exceptional months as well!

Congrats @TyGuy
Title: Re: Race from 10 to 100k!!
Post by: tacticalteam4 on February 03, 2023, 01:11:25 PM
I’ve been focusing on investing over paying off debts in my 4 years of saving. We’ve built a nice nest egg that should buy us a few years without employment if needed. I will track my net worth here, excluding house equity.

2/3/23: $7,700 - first time positive since getting married
Title: Re: Race from 10 to 100k!!
Post by: M5 on February 07, 2023, 12:56:47 PM
08/11/22: $95,366
09/07/22: $90,774 (-4592)
11/04/22: $90,694 (-80)
12/08/22: $97,814 (+7120)
01/04/23: $99,198 (+1384)
02/07/23: $109,222 (+10,024)

On to the next!
Title: Re: Race from 10 to 100k!!
Post by: comicguy on February 14, 2023, 05:41:27 PM
08/11/22: $95,366
09/07/22: $90,774 (-4592)
11/04/22: $90,694 (-80)
12/08/22: $97,814 (+7120)
01/04/23: $99,198 (+1384)
02/07/23: $109,222 (+10,024)

On to the next!

Great Job, I'll be there someday!
Title: Re: Race from 10 to 100k!!
Post by: Serendip on February 24, 2023, 08:38:41 AM
Good job everyone!

Dec '17    18,146
Jan '18     23,607
Dec '18    48,380
Dec '19    60,746
Jan '20     63,186
July '20    58,562
Dec '20    62,900

Jan '21    65,400
Mar '21    68,750
July '21   79,020
Aug '21   82,801

Dec ‘21   84,800
Jan '22   83,500
Mar '22  88,775
Apr '22  78,000 **big hit

Aug '22  83,006
Dec '22  87,113
Jan '23   88,732
Feb '23  94,500 !!

Ay carumba.

This month was a big push to put money into RRSP's before the deadline combined with the fact that I'm in a no-buy/low-buy year
(also bought & paid off plane tickets for June).  I didn't make all this money in one month, some was moved out of little emergency accounts that weren't counted in this challenge before (ie..an envelope with cash and a little hidden-from-me online fund..ha) but am still feeling inspired.
Title: Re: Race from 10 to 100k!!
Post by: Rytrik on February 26, 2023, 08:17:30 PM
02022/06/01 - $29,000
02023/01/01 - $31,750
02023/02/26 - $33,494
Title: Re: Race from 10 to 100k!!
Post by: regenaeb on February 28, 2023, 11:35:52 AM
12/31/21 - SEP + Roth $ 31,239.32
12/31/22 - 401k + Roth $ 34,080.56

1/31/23 - 401k + Roth $ 37,633.60
02/28/23 - 401k + Roth $ 37,815.42

Another up and down month in the market. I contributed $1,450.00 this month, but only have a $181 gain. Oh well, keep on contributing and waiting for the market upturn.
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on February 28, 2023, 02:07:05 PM
February 2022 - $69,486
March 2022 - $73,422
April 2022 - $68,808
May 2022 - $67,948
June 2022 - $63,619
July 2022 - $67,137
August 2022 - $67,643
September 2022 - $64,126
October 2022 - $66,872
November 2022 - $71,859
December 2022 - $70,117
January 2023 - $74,355

February 2023 - $75,352

Finally passed the $75K mark (for now!)
Title: Re: Race from 10 to 100k!!
Post by: comicguy on February 28, 2023, 04:52:24 PM
Feb update

01/26/22  Round Up 642.33    Investment  9911.44   Total 10553.77
02/26/22  Round Up 752.42    Investment 12408.26  Total 13160.68
03/25/22  Round UP 897.57    Investment 17291.64  Total 18189.21
04/30/22  Round up 971.36    Investment 18713.79  Total 19685.15
05/29/22  Round up 1083.32  Investment 20117.98  Total 21201.30
06/30/22  Round up 1132.77  Investment 21500.10  Total 22632.87
07/30/22  Round up 1372.95  Investment 22042.54  Total 23415.49
08/31/22  Round up 1459.92  Investtment 23530.05 Total 24989.97
09/30/22  Round up 1448.77  Investment  23662.64 Total 25111.41
10/31/22  Round up 1653.35  Investment  27970.70 Total 29624.05
11/20/22  Round up 1888.20  Investment  30821.32 Total 32709.52
12/31/22  Round up 1930.61  Investment  30827.38 Total 32757.99

1/31/23   Round up 2191.57   Investment  34746.35 Total 36937.92
2/28/23   Round up 2250.62   Investment  34618.49 Total 36869.11
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on March 01, 2023, 03:27:16 AM
Tracking cash savings and liquid investments (so excluding pensions and house value and my DH cash savings, since he has his own account which I'm not tracking)

December 2020: EUR 25,141
December 2021: EUR 40,501
December 2022: EUR 50,344

January 2023: EUR 52,461
February 2023: EUR 50,213


Goal for 2023: EUR 60K

This is the downwards movement that I planned for. Paid all outstanding travel expenses (we will travel in April, May AND July.....) and paid off all credit cards, so from now on it's upwards only for the rest of the year (hopefully.....).

@M5 : congrats! You made it!
@regenaeb : I feel the same. I make my regular contributions, but markets are slow....... I keep waiting for the market to recover.....
Title: Re: Race from 10 to 100k!!
Post by: Treedream on March 01, 2023, 12:33:00 PM
01/06/2018: -€60
01/01/2019: €2.875,28
01/07/2019: €9.288,20
01/08/2019: €10.485,05
01/09/2019: €11.554,85
28/09/2019: €12.182,10
24/10/2019: €13.082,24
26/11/2019: €14,311,49
01/02/2020: €15.260
29/04/2020: €18.544
31/05/2020: €21.280,05

Big gap

01/12/2022: € 21.636,38 +€ 972.77.
01/01/2023: € 22.315,45 +€ 679.07
01/02/2023: € 23.270,66 +€ 955.21

01/03/2023: € 24.052,03 +€ 781,37
In terms of savings this was a better month than last month, more than 30%! But in Jan, the market helped and in Feb they stayed flat. So it seems like the previous one was better.

All in all a good month. I also got the news that my parents will help me buy a house, which is fantastic. Its gonna eat a lot of this liquid money, but I'll be able to buy a home :D despite being a single earner.
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on March 01, 2023, 01:10:19 PM
Student Loan Debt

01/12/19: $43,762
05/04/20: $21,456
05/04/21: $21,456
05/01/22: $21,456
11/01/22: $21,456
12/01/22: $21,456
01/01/23: $21,456
02/01/23: $21,456
03/01/23: $21,456 (currently at 0% interest)


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739
06/05/20: $18,006 ($7,267)
07/05/20: $8,594 (-$9,412)
08/05/20: $9,084 ($490)
09/01/20: $13,497 ($4,413)
09/02/21: $57,319 ($5,027)
10/01/21: $58,555 ($1,236)
11/01/21: $60,397 ($1,842)
12/01/21: $59,891 (-$506)
01/01/22: $63,049 ($3,148)
02/02/22: $64,213 ($1,164)
03/02/22: $69,640 ($5,427)
04/01/22: $74,568 ($4,928)
05/01/22: $70,648 (-$3,920)
06/01/22: $74,612 ($3,964)
07/01/22: $69,696 (-$4,916)
09/01/22: $77,432 ($7,736)
10/01/22: $71,791 (-$5,641)
11/01/22: $77,883 ($6,093)
12/01/22: $85,811 ($7,928)
01/01/23: $87,715 ($1,904)
02/01/23: $98,317 ($10,602)
03/01/23: $96,917 (-$1,400)

Maintained a good savings rate again last month, but honestly, I'm happy to be able to continue to buy stocks on sale.
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on March 02, 2023, 07:35:45 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-   137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)
01/05/2021: 50.942,27 € (+   714,52 €)
01/06/2021: 45.969,23 € (- 4.973,04 €)
01/07/2021: 47.887,98 € (+1.918,75 €)
01/08/2021: 50.361,49 € (+2.473,51 €)
01/09/2021: 55.538,44 € (+5.176,95 €)
01/10/2021: 55.405,64 € (-    132,80 €)
01/11/2021: 62.397,76 € (+6.992,12 €)
01/12/2021: 62.957,50 € (+   559,74 €)
01/01/2022: 62.444,54 € (-    512,96 €)
01/02/2022: 57.130,55 € (- 5.313,99 €)
01/03/2022: 59.780,50 € (+2.649,95 €)
01/04/2022: 63.814,15 € (+4.033,65 €)
01/05/2022: 60.816,35 € (- 2.997,80 €)
01/06/2022: 55.643,44 € (- 5.172,91 €)
01/07/2022: 49.784,34 € (- 5.859,10 €)
01/08/2022: 56.777,07 € (+6.992,73 €)
01/09/2022: 56.724,00 € (-     53,07 €)
01/10/2022: 55.855,44 € (-   868,56 €)
01/11/2022: 57.699,49 € (+1.844,05 €)
01/12/2022: 56.415,91 € (- 1.283,58 €)
01/01/2023: 56.475,06 € (+    59,15 €)
01/02/2023: 59.646,67 € (+3.171,61 €)

01/03/2023: 60.002,28 € (+ 355,61 €)

Another tiny step in the right direction. Markets took another downturn and we bought the kitchen of the previous renters in our new place. My share of that was close to 2k €, so actually quite happy that the numbers still went up this month (some of the cost was offset by selling the kitchen in the old place, but that one was crappy and way less €€). We finished our move last weekend. February was really hectic with renovating the new place to be fit to move in, so I'm looking forward to some months just coasting along.
Title: Re: Race from 10 to 100k!!
Post by: jnw on March 03, 2023, 06:58:36 AM
Hi :) I think this is my first post in this thread.   I am at $87,800.  Getting close! :)  All my assets are currently fixed income, home equity etc. so it will be a steady ride.
Title: Re: Race from 10 to 100k!!
Post by: Serendip on March 25, 2023, 07:09:53 PM
Dec '17    18,146
Jan '18     23,607
Dec '18    48,380
Dec '19    60,746
Jan '20     63,186
July '20    58,562
Dec '20    62,900

Jan '21    65,400
Mar '21    68,750
July '21   79,020
Aug '21   82,801

Dec ‘21   84,800
Jan '22   83,500
Mar '22  88,775
Apr '22  78,000 **big hit

Aug '22  83,006
Dec '22  87,113
Jan '23   88,732
Feb '23  94,500
Mar '23  97,216

So close! Starting a low-buy year has made a big difference in my savings rate.
Just need to see how much GST I need to pay for taxes and then I'll hopefully hit this goal in the next month or two




Title: Re: Race from 10 to 100k!!
Post by: Rytrik on March 26, 2023, 05:00:00 PM
02022/06/01 - $29,000
02023/01/01 - $31,750
02023/02/26 - $33,494
02023/03/26 - $34,054.29
Title: Re: Race from 10 to 100k!!
Post by: regenaeb on March 31, 2023, 07:29:35 AM
12/31/21 - SEP + Roth $ 31,239.32
12/31/22 - 401k + Roth $ 34,080.56

1/31/23 - 401k + Roth $ 37,633.60
02/28/23 - 401k + Roth $ 37,815.42
03/31/23 - 401k + Roth $ 40,426.24

Title: Re: Race from 10 to 100k!!
Post by: jnw on March 31, 2023, 12:55:42 PM

Mar '23  97,216

So close! Starting a low-buy year has made a big difference in my savings rate.
Just need to see how much GST I need to pay for taxes and then I'll hopefully hit this goal in the next month or two

Very nice!  I'm at around 88k now.. add 2k more starting next month so around 90k.

Good job to everyone else as well.
Title: Re: Race from 10 to 100k!!
Post by: getsorted on March 31, 2023, 07:39:45 PM
Looking at my net worth over the last three years always makes me feel very accomplished.

May 15, 2020: $5,972
March 31, 2023: $72,766.

Most of that is real estate value from buying a house at a very good price at a very good time, but I still feel pretty good about it.

That said, the last year has been pretty static and it's time to get much more serious about socking away cash.
Title: Re: Race from 10 to 100k!!
Post by: comicguy on April 01, 2023, 04:17:56 AM
March update

01/26/22  Round Up 642.33    Investment  9911.44   Total 10553.77
02/26/22  Round Up 752.42    Investment 12408.26  Total 13160.68
03/25/22  Round UP 897.57    Investment 17291.64  Total 18189.21
04/30/22  Round up 971.36    Investment 18713.79  Total 19685.15
05/29/22  Round up 1083.32  Investment 20117.98  Total 21201.30
06/30/22  Round up 1132.77  Investment 21500.10  Total 22632.87
07/30/22  Round up 1372.95  Investment 22042.54  Total 23415.49
08/31/22  Round up 1459.92  Investtment 23530.05 Total 24989.97
09/30/22  Round up 1448.77  Investment  23662.64 Total 25111.41
10/31/22  Round up 1653.35  Investment  27970.70 Total 29624.05
11/20/22  Round up 1888.20  Investment  30821.32 Total 32709.52
12/31/22  Round up 1930.61  Investment  30827.38 Total 32757.99

1/31/23   Round up 2191.57   Investment  34746.35 Total 36937.92
2/28/23   Round up 2250.62   Investment  34618.49 Total 36869.11
3/31/23   Round Up 2414.73   Investment  38034.42 Total 40449.55
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on April 01, 2023, 03:05:39 PM
Student Loan Debt

01/12/19: $43,762
05/04/20: $21,456
05/04/21: $21,456
05/01/22: $21,456
11/01/22: $21,456
12/01/22: $21,456
01/01/23: $21,456
02/01/23: $21,456
03/01/23: $21,456
04/01/23: $21,456 (currently at 0% interest)


Net Worth:

03/04/19: -$30,065
05/04/20: $10,739
06/05/20: $18,006 ($7,267)
07/05/20: $8,594 (-$9,412)
08/05/20: $9,084 ($490)
09/01/20: $13,497 ($4,413)
09/02/21: $57,319 ($5,027)
10/01/21: $58,555 ($1,236)
11/01/21: $60,397 ($1,842)
12/01/21: $59,891 (-$506)
01/01/22: $63,049 ($3,148)
02/02/22: $64,213 ($1,164)
03/02/22: $69,640 ($5,427)
04/01/22: $74,568 ($4,928)
05/01/22: $70,648 (-$3,920)
06/01/22: $74,612 ($3,964)
07/01/22: $69,696 (-$4,916)
09/01/22: $77,432 ($7,736)
10/01/22: $71,791 (-$5,641)
11/01/22: $77,883 ($6,093)
12/01/22: $85,811 ($7,928)
01/01/23: $87,715 ($1,904)
02/01/23: $98,317 ($10,602)
03/01/23: $96,917 (-$1,400)
04/01/23: $105,349 ($8,432)

Looks like it is time to head over to the next thread, thank you all for following along with me, this feels like a very large accomplishment for me! I hope to see you all on the next thread soon, I will stop back by to cheer you all on!
Title: Re: Race from 10 to 100k!!
Post by: jnw on April 01, 2023, 06:53:29 PM
01/01/23: $87,715 ($1,904)
02/01/23: $98,317 ($10,602)
03/01/23: $96,917 (-$1,400)
04/01/23: $105,349 ($8,432)

Looks like it is time to head over to the next thread, thank you all for following along with me, this feels like a very large accomplishment for me! I hope to see you all on the next thread soon, I will stop back by to cheer you all on!

Congratulations!  I should be on the next thread in about 4 or 5 months I figure.  At around $91k.
Title: Re: Race from 10 to 100k!!
Post by: la Condessa on April 01, 2023, 06:57:55 PM
EF cash: $3,500

Vanguard Roth IRA: $7,517.95

Robinhood: $94.48

= $11,112.43

EF cash: $3,500

Vanguard Roth IRA: $9,310.32

Vanguard tIRA: $1,983.07

Robinhood: $209

= $15,002.39

EF : $3500

Roth IRA: $8,921.13
tIRA : $5,708.08
tIRA : $2,279.00

Robinhood : $239.28

=$17,146.49

EF : $1650

Roth IRA : $7741.74
tIRA : $5537.45
tIRA : $6072.85

Robinhood : $201.84

=$21,203.88


EF : $2,580

Roth IRA : $8,282.52
tIRA : $5,993.05
tIRA : $8,981.68

Robinhood : $220.47

=$26,057.72

Real progress!  Partly the market and partly executing the plan.  And partly my husband really getting fully on board for the first time.  He’s doing awesome.  We’re on track to finish filling the IRAs for last year before the cutoff.

EF : $2,880.06

Roth IRA: $8,218.34
tIRA: $5,934.85
TIRA: $11,311.82

Robinhood: $217.06

=$28,562.13
Title: Re: Race from 10 to 100k!!
Post by: Serendip on April 01, 2023, 10:33:33 PM

04/01/23: $105,349 ($8,432)

Looks like it is time to head over to the next thread, thank you all for following along with me, this feels like a very large accomplishment for me! I hope to see you all on the next thread soon, I will stop back by to cheer you all on!

Amazing job-- it's a huge accomplishment! congrats!
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on April 02, 2023, 02:22:02 PM
Congratulations!  I should be on the next thread in about 4 or 5 months I figure.  At around $91k.

Thank you, I look forward to see you there!
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on April 02, 2023, 02:22:55 PM
Amazing job-- it's a huge accomplishment! congrats!

Thank you!
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on April 03, 2023, 12:09:55 AM
Tracking cash savings and liquid investments (so excluding pensions and house value and my DH cash savings, since he has his own account which I'm not tracking)

December 2020: EUR 25,141
December 2021: EUR 40,501
December 2022: EUR 50,344

January 2023: EUR 52,461
February 2023: EUR 50,213
March 2023: EUR 51,197


Goal for 2023: EUR 60K

Just a nice and steady month. Nothing major happening, just the regular additions to the accounts. April will be challenging, since we will be travelling a little and I will try to stick to the budget!
Did all the taxes in March, so hoping to get a nice refund in april, although that will be used to repay our mortgage (which is not in this overview).

@TyGuy : CONGRATS!!!!! You made it!

Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on April 03, 2023, 02:36:49 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-   137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)
01/05/2021: 50.942,27 € (+   714,52 €)
01/06/2021: 45.969,23 € (- 4.973,04 €)
01/07/2021: 47.887,98 € (+1.918,75 €)
01/08/2021: 50.361,49 € (+2.473,51 €)
01/09/2021: 55.538,44 € (+5.176,95 €)
01/10/2021: 55.405,64 € (-    132,80 €)
01/11/2021: 62.397,76 € (+6.992,12 €)
01/12/2021: 62.957,50 € (+   559,74 €)
01/01/2022: 62.444,54 € (-    512,96 €)
01/02/2022: 57.130,55 € (- 5.313,99 €)
01/03/2022: 59.780,50 € (+2.649,95 €)
01/04/2022: 63.814,15 € (+4.033,65 €)
01/05/2022: 60.816,35 € (- 2.997,80 €)
01/06/2022: 55.643,44 € (- 5.172,91 €)
01/07/2022: 49.784,34 € (- 5.859,10 €)
01/08/2022: 56.777,07 € (+6.992,73 €)
01/09/2022: 56.724,00 € (-     53,07 €)
01/10/2022: 55.855,44 € (-   868,56 €)
01/11/2022: 57.699,49 € (+1.844,05 €)
01/12/2022: 56.415,91 € (- 1.283,58 €)
01/01/2023: 56.475,06 € (+    59,15 €)
01/02/2023: 59.646,67 € (+3.171,61 €)
01/03/2023: 60.002,28 € (+  355,61 €)

01/04/2023: 63.066,29 € (+3.064,01 €)

Savings were slightly negative, but stocks and BTC recovery lead to an increase. This month should be less spendy. Last time there were 4 green months in a row was in the beginning of 2021.
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on April 04, 2023, 02:59:44 PM
04/01/23: $105,349 ($8,432)

Looks like it is time to head over to the next thread, thank you all for following along with me, this feels like a very large accomplishment for me! I hope to see you all on the next thread soon, I will stop back by to cheer you all on!

Super awesome!!!  Congrats, @TyGuy !
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on April 04, 2023, 03:01:13 PM
March 2022 - $73,422
April 2022 - $68,808
May 2022 - $67,948
June 2022 - $63,619
July 2022 - $67,137
August 2022 - $67,643
September 2022 - $64,126
October 2022 - $66,872
November 2022 - $71,859
December 2022 - $70,117
January 2023 - $74,355
February 2023 - $75,352

March 2023 - $76,441

Little late reporting in this month, but here I am.  Still slowly going up.  :)
Title: Re: Race from 10 to 100k!!
Post by: Treedream on April 17, 2023, 01:07:13 PM
01/06/2018: -€60
01/01/2019: €2.875,28
01/07/2019: €9.288,20
01/08/2019: €10.485,05
01/09/2019: €11.554,85
28/09/2019: €12.182,10
24/10/2019: €13.082,24
26/11/2019: €14,311,49
01/02/2020: €15.260
29/04/2020: €18.544
31/05/2020: €21.280,05

Big gap

01/12/2022: € 21.636,38 +€ 972.77.
01/01/2023: € 22.315,45 +€ 679.07
01/02/2023: € 23.270,66 +€ 955.21
01/03/2023: € 24.052,03 +€ 781,37

01/04/2023: € 24.755,50 +€ 703,47

Decent month last month, even though I spend a lot on hobby items. The next 3 months are going to be "sav, save, save" as I am in the process of buying a home. My total net worth is going to go up a lot soon, but that will be due to my parents gifting towards my house. Its a bit weird. They are giving more than I am worth in all the world (monetarily). But I realize I am incredibly lucky to have the help and support. Up and Up.
Title: Re: Race from 10 to 100k!!
Post by: Serendip on April 27, 2023, 06:08:06 PM
Dec '17    18,146
Jan '18     23,607
Dec '18    48,380
Dec '19    60,746
Jan '20     63,186
July '20    58,562
Dec '20    62,900

Jan '21    65,400
Mar '21    68,750
July '21   79,020
Aug '21   82,801

Dec ‘21   84,800
Jan '22   83,500
Mar '22  88,775
Apr '22  78,000 **big hit

Aug '22  83,006
Dec '22  87,113
Jan '23   88,732
Feb '23  94,500
Mar '23  97,216
Apr '23  100,655!!!!!

Well, of all things! Super excited to reach this goal. Amazed really.

The next few months will be very slow income-wise due to dental work, time off, travel & all the life stuff so will hesitantly bump myself into the next race..will need to get a bit more of a buffer before I feel like I actually truly have graduated. All the best to everyone!  :)

Title: Re: Race from 10 to 100k!!
Post by: Trifle on April 28, 2023, 04:01:21 AM

Apr '23  100,655!!!!!

Well, of all things! Super excited to reach this goal. Amazed really.


Congratulations @Serendip!!!!  You made it.  Very well done!
Title: Re: Race from 10 to 100k!!
Post by: Treedream on April 28, 2023, 05:08:32 AM
Dec '17    18,146
Jan '18     23,607
Dec '18    48,380
Dec '19    60,746
Jan '20     63,186
July '20    58,562
Dec '20    62,900

Jan '21    65,400
Mar '21    68,750
July '21   79,020
Aug '21   82,801

Dec ‘21   84,800
Jan '22   83,500
Mar '22  88,775
Apr '22  78,000 **big hit

Aug '22  83,006
Dec '22  87,113
Jan '23   88,732
Feb '23  94,500
Mar '23  97,216
Apr '23  100,655!!!!!

Well, of all things! Super excited to reach this goal. Amazed really.

The next few months will be very slow income-wise due to dental work, time off, travel & all the life stuff so will hesitantly bump myself into the next race..will need to get a bit more of a buffer before I feel like I actually truly have graduated. All the best to everyone!  :)

Congrats! that is a massive achievement! The first hundred is the hardest I hear all the time. Anything you are doing to celebrate?
Title: Re: Race from 10 to 100k!!
Post by: Serendip on April 28, 2023, 08:13:09 AM
Thanks @Trifele & @Treedream !

Congrats! that is a massive achievement! The first hundred is the hardest I hear all the time. Anything you are doing to celebrate?

The mental hurdle might be the hardest component of that first 100k--my family talks a lot about their lack of finances :)

Could've made better choices along the way (I can veer either austere or spendy; also took poor advice from a friend and lost a chunk *should've known better*) but I'm celebrating by being proud of this and aiming onwards & upwards.
Title: Re: Race from 10 to 100k!!
Post by: catorbe on April 28, 2023, 08:21:19 AM
Dec '17    18,146
Jan '18     23,607
Dec '18    48,380
Dec '19    60,746
Jan '20     63,186
July '20    58,562
Dec '20    62,900

Jan '21    65,400
Mar '21    68,750
July '21   79,020
Aug '21   82,801

Dec ‘21   84,800
Jan '22   83,500
Mar '22  88,775
Apr '22  78,000 **big hit

Aug '22  83,006
Dec '22  87,113
Jan '23   88,732
Feb '23  94,500
Mar '23  97,216
Apr '23  100,655!!!!!

Well, of all things! Super excited to reach this goal. Amazed really.

The next few months will be very slow income-wise due to dental work, time off, travel & all the life stuff so will hesitantly bump myself into the next race..will need to get a bit more of a buffer before I feel like I actually truly have graduated. All the best to everyone!  :)

You and I have been on a very similar pace to get to $100,000 and our timing of dips and market issues has been step for step. I just got paid today and my Mint says about $99,500, but with a mortgage coming out and a few other things to be paid I figured i'd better wait until the next paycheck to cross myself off of this thread. Congrats to you, i'm coming in right behind ya! My buffer situation is a little different. I've been battling to get that $100k figure, but as soon as I do it on my own I'm going to finally start counting an ESOP from my employer as i'm about to be fully vested, and there's a little bit of money in there that will officially be mine, so i'll leapfrog up the totem pole a little bit once that happens. But again I just wanted to do the 100k on my own first! Congrats again!
Title: Re: Race from 10 to 100k!!
Post by: Serendip on April 28, 2023, 11:53:42 AM
You and I have been on a very similar pace to get to $100,000 and our timing of dips and market issues has been step for step. I just got paid today and my Mint says about $99,500, but with a mortgage coming out and a few other things to be paid I figured i'd better wait until the next paycheck to cross myself off of this thread. Congrats to you, i'm coming in right behind ya! My buffer situation is a little different. I've been battling to get that $100k figure, but as soon as I do it on my own I'm going to finally start counting an ESOP from my employer as i'm about to be fully vested, and there's a little bit of money in there that will officially be mine, so i'll leapfrog up the totem pole a little bit once that happens. But again I just wanted to do the 100k on my own first! Congrats again!

That's amazing @catorbe --excited that you are about to leapfrog me! I'll look forward to trying to catch up or keep pace with you for the next challenge :)
Title: Re: Race from 10 to 100k!!
Post by: Rytrik on April 30, 2023, 02:43:59 PM
02022/06/01 - $29,000
02023/01/01 - $31,750
02023/02/26 - $33,494
02023/03/26 - $34,054.29
02023/04/30 - $33,326.36
Title: Re: Race from 10 to 100k!!
Post by: Treedream on April 30, 2023, 03:30:15 PM
01/06/2018: -€60
01/01/2019: €2.875,28
01/07/2019: €9.288,20
01/08/2019: €10.485,05
01/09/2019: €11.554,85
28/09/2019: €12.182,10
24/10/2019: €13.082,24
26/11/2019: €14,311,49
01/02/2020: €15.260
29/04/2020: €18.544
31/05/2020: €21.280,05

Big gap

01/12/2022: € 21.636,38 +€ 972.77.
01/01/2023: € 22.315,45 +€ 679.07
01/02/2023: € 23.270,66 +€ 955.21
01/03/2023: € 24.052,03 +€ 781,37
01/04/2023: € 24.755,50 +€ 703,47

01/05/2023: € 25,649.20 + € 893.70

Decent month this month around. And I even spend some money towards the house buying process. The next couple of months should be good, as I get holiday pay and a tax return.
Title: Re: Race from 10 to 100k!!
Post by: regenaeb on May 01, 2023, 08:38:51 AM
12/31/21 - SEP + Roth $ 31,239.32
12/31/22 - 401k + Roth $ 34,080.56

1/31/23 - 401k + Roth $ 37,633.60
02/28/23 - 401k + Roth $ 37,815.42
03/31/23 - 401k + Roth $ 40,426.24
04/30/23 - 401k + Roth $ 42,571.49
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on May 01, 2023, 01:29:21 PM
April 2022 - $68,808
May 2022 - $67,948
June 2022 - $63,619
July 2022 - $67,137
August 2022 - $67,643
September 2022 - $64,126
October 2022 - $66,872
November 2022 - $71,859
December 2022 - $70,117
January 2023 - $74,355
February 2023 - $75,352
March 2023 - $76,441

April 2023 - $79,158

Well that feels good!  Markets must be doing okay right now. 
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on May 02, 2023, 12:39:56 AM
Tracking cash savings and liquid investments (so excluding pensions and house value and my DH cash savings, since he has his own account which I'm not tracking)

December 2020: EUR 25,141
December 2021: EUR 40,501
December 2022: EUR 50,344

January 2023: EUR 52,461
February 2023: EUR 50,213
March 2023: EUR 51,197
April 2023: EUR 48,521


Goal for 2023: EUR 60K

Downwards month because we used part of our liquid funds to do an early repayment on our mortgage (which is good for our net worth and good for getting the monthly fixed expenses down, so more possibilities to save). And we went to travel for a week, which also got the liquid funds down a little. But we made loads of good memories as a family, which is way more valuable. Next month will be holiday pay and (hopefully) tax return. However, the tax return will be immediately redirected to our mortgage, so this will not be in this challenge.

@Serendip CONGRATS on passing this milestone. You did it!!!!
Title: Re: Race from 10 to 100k!!
Post by: comicguy on May 02, 2023, 04:09:39 AM
April update

01/26/22  Round Up 642.33    Investment  9911.44   Total 10553.77
02/26/22  Round Up 752.42    Investment 12408.26  Total 13160.68
03/25/22  Round UP 897.57    Investment 17291.64  Total 18189.21
04/30/22  Round up 971.36    Investment 18713.79  Total 19685.15
05/29/22  Round up 1083.32  Investment 20117.98  Total 21201.30
06/30/22  Round up 1132.77  Investment 21500.10  Total 22632.87
07/30/22  Round up 1372.95  Investment 22042.54  Total 23415.49
08/31/22  Round up 1459.92  Investtment 23530.05 Total 24989.97
09/30/22  Round up 1448.77  Investment  23662.64 Total 25111.41
10/31/22  Round up 1653.35  Investment  27970.70 Total 29624.05
11/20/22  Round up 1888.20  Investment  30821.32 Total 32709.52
12/31/22  Round up 1930.61  Investment  30827.38 Total 32757.99

1/31/23   Round up 2191.57   Investment  34746.35 Total 36937.92
2/28/23   Round up 2250.62   Investment  34618.49 Total 36869.11
3/31/23   Round Up 2414.73   Investment  38034.42 Total 40449.55
4/30/23   Round Up 2593.99   Investment  41109.71 Total 43784.70
Title: Re: Race from 10 to 100k!!
Post by: Serendip on May 02, 2023, 08:20:25 AM

@Serendip CONGRATS on passing this milestone. You did it!!!!

wuhoo--thanks! See you in the next race soon @Dutch Comfort :)
Title: Re: Race from 10 to 100k!!
Post by: catorbe on May 02, 2023, 01:04:23 PM
Tracking cash savings and liquid investments (so excluding pensions and house value and my DH cash savings, since he has his own account which I'm not tracking)

December 2020: EUR 25,141
December 2021: EUR 40,501
December 2022: EUR 50,344

January 2023: EUR 52,461
February 2023: EUR 50,213
March 2023: EUR 51,197
April 2023: EUR 48,521


Goal for 2023: EUR 60K

Downwards month because we used part of our liquid funds to do an early repayment on our mortgage (which is good for our net worth and good for getting the monthly fixed expenses down, so more possibilities to save). And we went to travel for a week, which also got the liquid funds down a little. But we made loads of good memories as a family, which is way more valuable. Next month will be holiday pay and (hopefully) tax return. However, the tax return will be immediately redirected to our mortgage, so this will not be in this challenge.

@Serendip CONGRATS on passing this milestone. You did it!!!!

When you say early repayment on your mortgage do you mean the entire mortgage is now paid off? Otherwise how would it affect your monthly fixed expenses. I ask because it barely affected your numbers.
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on May 03, 2023, 12:44:39 AM
Tracking cash savings and liquid investments (so excluding pensions and house value and my DH cash savings, since he has his own account which I'm not tracking)

December 2020: EUR 25,141
December 2021: EUR 40,501
December 2022: EUR 50,344

January 2023: EUR 52,461
February 2023: EUR 50,213
March 2023: EUR 51,197
April 2023: EUR 48,521


Goal for 2023: EUR 60K

Downwards month because we used part of our liquid funds to do an early repayment on our mortgage (which is good for our net worth and good for getting the monthly fixed expenses down, so more possibilities to save). And we went to travel for a week, which also got the liquid funds down a little. But we made loads of good memories as a family, which is way more valuable. Next month will be holiday pay and (hopefully) tax return. However, the tax return will be immediately redirected to our mortgage, so this will not be in this challenge.

@Serendip CONGRATS on passing this milestone. You did it!!!!

When you say early repayment on your mortgage do you mean the entire mortgage is now paid off? Otherwise how would it affect your monthly fixed expenses. I ask because it barely affected your numbers.

It is a partial repayment. We have two mortgages and are working on repaying 1 as soon as possible. Original repayment date of this one was in 2033, but currently it stands at 2031 and we're hoping to get rid of this part in 2027. Which means that after 2027, the monthly free cashflow available for investing will increase significantly. In theory, we can already repay this mortgage in full from our savings and investments, but then we have no emergency fund left, which does not feel right. But any windfalls go to this mortgage to shorten the repayment period (and slightly lower the monthly expenses because of less interest).
The other mortgage will probably not be repaid, since the interest rate is fixed till 2040 at 2.59% and our house value is >3 times the mortgage value.
Title: Re: Race from 10 to 100k!!
Post by: catorbe on May 03, 2023, 01:30:31 PM
Tracking cash savings and liquid investments (so excluding pensions and house value and my DH cash savings, since he has his own account which I'm not tracking)

December 2020: EUR 25,141
December 2021: EUR 40,501
December 2022: EUR 50,344

January 2023: EUR 52,461
February 2023: EUR 50,213
March 2023: EUR 51,197
April 2023: EUR 48,521


Goal for 2023: EUR 60K

Downwards month because we used part of our liquid funds to do an early repayment on our mortgage (which is good for our net worth and good for getting the monthly fixed expenses down, so more possibilities to save). And we went to travel for a week, which also got the liquid funds down a little. But we made loads of good memories as a family, which is way more valuable. Next month will be holiday pay and (hopefully) tax return. However, the tax return will be immediately redirected to our mortgage, so this will not be in this challenge.

@Serendip CONGRATS on passing this milestone. You did it!!!!

When you say early repayment on your mortgage do you mean the entire mortgage is now paid off? Otherwise how would it affect your monthly fixed expenses. I ask because it barely affected your numbers.

It is a partial repayment. We have two mortgages and are working on repaying 1 as soon as possible. Original repayment date of this one was in 2033, but currently it stands at 2031 and we're hoping to get rid of this part in 2027. Which means that after 2027, the monthly free cashflow available for investing will increase significantly. In theory, we can already repay this mortgage in full from our savings and investments, but then we have no emergency fund left, which does not feel right. But any windfalls go to this mortgage to shorten the repayment period (and slightly lower the monthly expenses because of less interest).
The other mortgage will probably not be repaid, since the interest rate is fixed till 2040 at 2.59% and our house value is >3 times the mortgage value.
Seems like a good balance of invest/save vs debt repayment to me! Is the interest rate on the first low enough to instead invest until you have enough to pay off the first one and then do it all at once? Keep the extra liquidity that way. Maybe make money in the process with potential investment gains speeding up the process. Depends on a lot of factors which i'm sure you've thought about, just curious!
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on May 04, 2023, 01:07:17 AM
Tracking cash savings and liquid investments (so excluding pensions and house value and my DH cash savings, since he has his own account which I'm not tracking)

December 2020: EUR 25,141
December 2021: EUR 40,501
December 2022: EUR 50,344

January 2023: EUR 52,461
February 2023: EUR 50,213
March 2023: EUR 51,197
April 2023: EUR 48,521


Goal for 2023: EUR 60K

Downwards month because we used part of our liquid funds to do an early repayment on our mortgage (which is good for our net worth and good for getting the monthly fixed expenses down, so more possibilities to save). And we went to travel for a week, which also got the liquid funds down a little. But we made loads of good memories as a family, which is way more valuable. Next month will be holiday pay and (hopefully) tax return. However, the tax return will be immediately redirected to our mortgage, so this will not be in this challenge.

@Serendip CONGRATS on passing this milestone. You did it!!!!

When you say early repayment on your mortgage do you mean the entire mortgage is now paid off? Otherwise how would it affect your monthly fixed expenses. I ask because it barely affected your numbers.

It is a partial repayment. We have two mortgages and are working on repaying 1 as soon as possible. Original repayment date of this one was in 2033, but currently it stands at 2031 and we're hoping to get rid of this part in 2027. Which means that after 2027, the monthly free cashflow available for investing will increase significantly. In theory, we can already repay this mortgage in full from our savings and investments, but then we have no emergency fund left, which does not feel right. But any windfalls go to this mortgage to shorten the repayment period (and slightly lower the monthly expenses because of less interest).
The other mortgage will probably not be repaid, since the interest rate is fixed till 2040 at 2.59% and our house value is >3 times the mortgage value.
Seems like a good balance of invest/save vs debt repayment to me! Is the interest rate on the first low enough to instead invest until you have enough to pay off the first one and then do it all at once? Keep the extra liquidity that way. Maybe make money in the process with potential investment gains speeding up the process. Depends on a lot of factors which i'm sure you've thought about, just curious!
Repayment of mortgage #1 is a priority for us, since this will free monthly cashflow, which we will need when our teens will start their college years. Fortunately, education in the Netherlands is affordable, but it is nice to help them out on their other expenses. So we're not looking into the interest rate, since this is not part of our discussion on this. Just to free an extra 500-600 euro every month (EVERY MONTH!!!!) sounds tempting enough for us.
For the 2nd mortgage, we will build up a stash and we can choose whether we repay or not (it is a mortgage that is only repayable upon sale of the house / 2043 (whichever comes first), so enough time to build up the stash and let inflation eat away part of the mortgage!). For us, the key argument is flexibility and not being bound to fixed monthly repayments to the bank, that is why we want to kill the fixed monthly payment as soon as possible!
Title: Re: Race from 10 to 100k!!
Post by: jnw on May 05, 2023, 04:27:42 PM
Well after this month's monthly income, I am at 94K net worth; my net worth increases about $2k per month on average, assuming no major expenses.

However, I was looking up the price of my home and it has increased another $10,000.  I was counting my home as $95k of the net worth, back when Zillow said it was worth $130k -- since I'd have to deduct repair costs, realtor fees and closing costs if I ever sold (I was being liberal with the potential selling expenses); also I thought home prices would come down because they went up so abruptly the past couple years.

But now Zillow says my home is worth near 150K.  So I decided to add another $10k to my net worth, allowing $105k for the home instead of $95k.

So I have achieved my goal of $100k net worth as my net worth is at $104k.   I guess it's time to move onto the race to $500k, which will take a very long time -- probably 10 years at least.
Title: Re: Race from 10 to 100k!!
Post by: la Condessa on May 09, 2023, 09:58:10 AM
EF cash: $3,500

Vanguard Roth IRA: $7,517.95

Robinhood: $94.48

= $11,112.43

EF cash: $3,500

Vanguard Roth IRA: $9,310.32

Vanguard tIRA: $1,983.07

Robinhood: $209

= $15,002.39

EF : $3500

Roth IRA: $8,921.13
tIRA : $5,708.08
tIRA : $2,279.00

Robinhood : $239.28

=$17,146.49

EF : $1650

Roth IRA : $7741.74
tIRA : $5537.45
tIRA : $6072.85

Robinhood : $201.84

=$21,203.88


EF : $2,580

Roth IRA : $8,282.52
tIRA : $5,993.05
tIRA : $8,981.68

Robinhood : $220.47

=$26,057.72

Real progress!  Partly the market and partly executing the plan.  And partly my husband really getting fully on board for the first time.  He’s doing awesome.  We’re on track to finish filling the IRAs for last year before the cutoff.

EF : $2,880.06

Roth IRA: $8,218.34
tIRA: $5,934.85
TIRA: $11,311.82

Robinhood: $217.06

=$28,562.13

EF: $3,050

Roth IRA: $8,209.41
tIRA: $7,921.47
tIRA: $13,291.54

Robinhood: $216.67

=$32,689.09
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on May 10, 2023, 12:22:20 PM
Well after this month's monthly income, I am at 94K net worth; my net worth increases about $2k per month on average, assuming no major expenses.

However, I was looking up the price of my home and it has increased another $10,000.  I was counting my home as $95k of the net worth, back when Zillow said it was worth $130k -- since I'd have to deduct repair costs, realtor fees and closing costs if I ever sold (I was being liberal with the potential selling expenses); also I thought home prices would come down because they went up so abruptly the past couple years.

But now Zillow says my home is worth near 150K.  So I decided to add another $10k to my net worth, allowing $105k for the home instead of $95k.

So I have achieved my goal of $100k net worth as my net worth is at $104k.   I guess it's time to move onto the race to $500k, which will take a very long time -- probably 10 years at least.

Nice job staying steady in this race and finishing! I just wanted to reach out and let you know there is a race for 100k to 250k if you are interested in joining, makes the end goal seem much more within reach, in comparison to 500k!
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on May 16, 2023, 01:42:14 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-   137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)
01/05/2021: 50.942,27 € (+   714,52 €)
01/06/2021: 45.969,23 € (- 4.973,04 €)
01/07/2021: 47.887,98 € (+1.918,75 €)
01/08/2021: 50.361,49 € (+2.473,51 €)
01/09/2021: 55.538,44 € (+5.176,95 €)
01/10/2021: 55.405,64 € (-    132,80 €)
01/11/2021: 62.397,76 € (+6.992,12 €)
01/12/2021: 62.957,50 € (+   559,74 €)
01/01/2022: 62.444,54 € (-    512,96 €)
01/02/2022: 57.130,55 € (- 5.313,99 €)
01/03/2022: 59.780,50 € (+2.649,95 €)
01/04/2022: 63.814,15 € (+4.033,65 €)
01/05/2022: 60.816,35 € (- 2.997,80 €)
01/06/2022: 55.643,44 € (- 5.172,91 €)
01/07/2022: 49.784,34 € (- 5.859,10 €)
01/08/2022: 56.777,07 € (+6.992,73 €)
01/09/2022: 56.724,00 € (-     53,07 €)
01/10/2022: 55.855,44 € (-   868,56 €)
01/11/2022: 57.699,49 € (+1.844,05 €)
01/12/2022: 56.415,91 € (- 1.283,58 €)
01/01/2023: 56.475,06 € (+    59,15 €)
01/02/2023: 59.646,67 € (+3.171,61 €)
01/03/2023: 60.002,28 € (+  355,61 €)
01/04/2023: 63.066,29 € (+3.064,01 €)

01/05/2023: 62.039,59 € (-1.026,70 €)

Savings this year have been terrible, need to ramp it back up again.
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on June 01, 2023, 12:23:46 AM
Tracking cash savings and liquid investments (so excluding pensions and house value and my DH cash savings, since he has his own account which I'm not tracking)

December 2020: EUR 25,141
December 2021: EUR 40,501
December 2022: EUR 50,344

January 2023: EUR 52,461
February 2023: EUR 50,213
March 2023: EUR 51,197
April 2023: EUR 48,521
May 2023: EUR 49,658


Goal for 2023: EUR 60K

Limited savings, since we put a large part of our holiday pay into a pre-tax pension fund (not in this overview). The tax refund was put directly into our mortgage. So after all these extras, we will go into the "quiet" months till (hopefully) bonus will hit in December......
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on June 01, 2023, 07:10:42 AM
May 2022 - $67,948
June 2022 - $63,619
July 2022 - $67,137
August 2022 - $67,643
September 2022 - $64,126
October 2022 - $66,872
November 2022 - $71,859
December 2022 - $70,117
January 2023 - $74,355
February 2023 - $75,352
March 2023 - $76,441
April 2023 - $79,158

May 2023 - $79,638

I was over $80K a couple of days ago...oh well.  Next month!
Title: Re: Race from 10 to 100k!!
Post by: catorbe on June 02, 2023, 10:23:24 AM
May 2022 - $67,948
June 2022 - $63,619
July 2022 - $67,137
August 2022 - $67,643
September 2022 - $64,126
October 2022 - $66,872
November 2022 - $71,859
December 2022 - $70,117
January 2023 - $74,355
February 2023 - $75,352
March 2023 - $76,441
April 2023 - $79,158

May 2023 - $79,638

I was over $80K a couple of days ago...oh well.  Next month!

I always get hit with the end of month Mint update number that looks so good, and then immediately come back to reality on the 1st when the mortgage payment comes out!
Title: Re: Race from 10 to 100k!!
Post by: comicguy on June 03, 2023, 04:33:01 AM
May update

01/26/22  Round Up 642.33    Investment  9911.44   Total 10553.77
02/26/22  Round Up 752.42    Investment 12408.26  Total 13160.68
03/25/22  Round UP 897.57    Investment 17291.64  Total 18189.21
04/30/22  Round up 971.36    Investment 18713.79  Total 19685.15
05/29/22  Round up 1083.32  Investment 20117.98  Total 21201.30
06/30/22  Round up 1132.77  Investment 21500.10  Total 22632.87
07/30/22  Round up 1372.95  Investment 22042.54  Total 23415.49
08/31/22  Round up 1459.92  Investtment 23530.05 Total 24989.97
09/30/22  Round up 1448.77  Investment  23662.64 Total 25111.41
10/31/22  Round up 1653.35  Investment  27970.70 Total 29624.05
11/20/22  Round up 1888.20  Investment  30821.32 Total 32709.52
12/31/22  Round up 1930.61  Investment  30827.38 Total 32757.99

1/31/23   Round up 2191.57   Investment  34746.35 Total 36937.92
2/28/23   Round up 2250.62   Investment  34618.49 Total 36869.11
3/31/23   Round Up 2414.73   Investment  38034.42 Total 40449.55
4/30/23   Round Up 2593.99   Investment  41109.71 Total 43784.70
5/31/23   Round Up 2704.05   Investment  40744.42 Total 43448.47
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on June 05, 2023, 03:36:13 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-   137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)
01/05/2021: 50.942,27 € (+   714,52 €)
01/06/2021: 45.969,23 € (- 4.973,04 €)
01/07/2021: 47.887,98 € (+1.918,75 €)
01/08/2021: 50.361,49 € (+2.473,51 €)
01/09/2021: 55.538,44 € (+5.176,95 €)
01/10/2021: 55.405,64 € (-    132,80 €)
01/11/2021: 62.397,76 € (+6.992,12 €)
01/12/2021: 62.957,50 € (+   559,74 €)
01/01/2022: 62.444,54 € (-    512,96 €)
01/02/2022: 57.130,55 € (- 5.313,99 €)
01/03/2022: 59.780,50 € (+2.649,95 €)
01/04/2022: 63.814,15 € (+4.033,65 €)
01/05/2022: 60.816,35 € (- 2.997,80 €)
01/06/2022: 55.643,44 € (- 5.172,91 €)
01/07/2022: 49.784,34 € (- 5.859,10 €)
01/08/2022: 56.777,07 € (+6.992,73 €)
01/09/2022: 56.724,00 € (-     53,07 €)
01/10/2022: 55.855,44 € (-   868,56 €)
01/11/2022: 57.699,49 € (+1.844,05 €)
01/12/2022: 56.415,91 € (- 1.283,58 €)
01/01/2023: 56.475,06 € (+    59,15 €)
01/02/2023: 59.646,67 € (+3.171,61 €)
01/03/2023: 60.002,28 € (+  355,61 €)
01/04/2023: 63.066,29 € (+3.064,01 €)
01/05/2023: 62.039,59 € (-1.026,70 €)

01/06/2023: 64.461,16 € (2.421,57 €)

Markets were behaving well. I wrote off 850 € that I loaned to a (former) friend and will most likely not be seeing back. I went into it ready to give up that money to help him and now it's actually become an expensive lesson not to mix friendship and money. He was supposed to start small monthly payments of 50 € in January and event hat didn't materialize with lots of discussions and promises not beeing kept.

Still cause for celebration bc it's a new all-time high since April 2022.
[/quote]
Title: Re: Race from 10 to 100k!!
Post by: la Condessa on June 09, 2023, 02:41:36 AM
Aug 2021

$11,112.43


Nov 2021

$15,002.39


April 2022

$17,146.49


Jan 2023

$21,203.88


Feb 2023

$26,057.72


April 2023

$28,562.13


May 2023

$32,689.09


June 2023

EF: $3,200

Roth IRA: $8,479.13
tIRA: $9,786.42
tIRA: $15,395.58

Robinhood: $226.59

=$37,087.72
Title: Re: Race from 10 to 100k!!
Post by: lifeandlimb on June 22, 2023, 01:48:27 PM
It's encouraging to see some people graduating from this thread. I hope to get there sometime within this decade too...

It's been a year since an update, but the markets are finally starting to look up a little. And some overdue work payments came in this month. :)

Dec 2019 $7,548   

Jan 2020 $7,379   
Feb 2020 $7,983   
Mar 2020 $11,952   
Apr 2020 $20,078   
May 2020 $27,255   
June 2020 $29,933   
July 2020 $28,764   
Aug 2020 $28,618   
Sept 2020 $28,864   
Oct 2020 $27,434   
Nov 2020 $39,641   
Dec 2020 $39,169   

Jan 2021 $42,748   
Feb 2021 $43,215   
Mar 2021 $45,100   
Apr 2021 $48,171   
May 2021 $49,227
June 2021 $49,484
July 2021 $49,142
Aug 2021 $54,479
Sep 2021 $54,644
Oct 2021 $49,328
11/1/2021   51,638.53
12/1/2021   52,439.00

1/1/2022   56,947.00
2/1/2022   58,929.00
3/1/2022   58,686.00
4/1/2022   59,655.00
5/1/2022   57,126.00
6/1/2022   54,019.00
7/1/2022.  52,745
8/1/2022.  54,417
9/1/2022.  53,648
10/1/2022. 56,592
11/1/2022. 66,952
12/1/2022. 65,187

1/1/2023.   63,232
2/1/2023.   63,826
3/1/2023.   63,454
4/1/2023.   62,942
5/1/2023.   63,607
6/1/2023.   70,787
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on June 30, 2023, 02:38:33 PM
June 2022 - $63,619
July 2022 - $67,137
August 2022 - $67,643
September 2022 - $64,126
October 2022 - $66,872
November 2022 - $71,859
December 2022 - $70,117
January 2023 - $74,355
February 2023 - $75,352
March 2023 - $76,441
April 2023 - $79,158
May 2023 - $79,638

June 2023 - $84,521

Solidly broke $80K this month, which is exciting!
Title: Re: Race from 10 to 100k!!
Post by: comicguy on July 01, 2023, 06:17:52 AM
June update

01/26/22  Round Up 642.33    Investment  9911.44   Total 10553.77
02/26/22  Round Up 752.42    Investment 12408.26  Total 13160.68
03/25/22  Round UP 897.57    Investment 17291.64  Total 18189.21
04/30/22  Round up 971.36    Investment 18713.79  Total 19685.15
05/29/22  Round up 1083.32  Investment 20117.98  Total 21201.30
06/30/22  Round up 1132.77  Investment 21500.10  Total 22632.87
07/30/22  Round up 1372.95  Investment 22042.54  Total 23415.49
08/31/22  Round up 1459.92  Investtment 23530.05 Total 24989.97
09/30/22  Round up 1448.77  Investment  23662.64 Total 25111.41
10/31/22  Round up 1653.35  Investment  27970.70 Total 29624.05
11/20/22  Round up 1888.20  Investment  30821.32 Total 32709.52
12/31/22  Round up 1930.61  Investment  30827.38 Total 32757.99

1/31/23   Round up 2191.57   Investment  34746.35 Total 36937.92
2/28/23   Round up 2250.62   Investment  34618.49 Total 36869.11
3/31/23   Round Up 2414.73   Investment  38034.42 Total 40449.55
4/30/23   Round Up 2593.99   Investment  41109.71 Total 43784.70
5/31/23   Round Up 2704.05   Investment  40744.42 Total 43448.47
6/30/23   Round Up 2964.89   Investment  45358.97 Total 48323.86
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on July 03, 2023, 03:03:19 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-   137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)
01/05/2021: 50.942,27 € (+   714,52 €)
01/06/2021: 45.969,23 € (- 4.973,04 €)
01/07/2021: 47.887,98 € (+1.918,75 €)
01/08/2021: 50.361,49 € (+2.473,51 €)
01/09/2021: 55.538,44 € (+5.176,95 €)
01/10/2021: 55.405,64 € (-    132,80 €)
01/11/2021: 62.397,76 € (+6.992,12 €)
01/12/2021: 62.957,50 € (+   559,74 €)
01/01/2022: 62.444,54 € (-    512,96 €)
01/02/2022: 57.130,55 € (- 5.313,99 €)
01/03/2022: 59.780,50 € (+2.649,95 €)
01/04/2022: 63.814,15 € (+4.033,65 €)
01/05/2022: 60.816,35 € (- 2.997,80 €)
01/06/2022: 55.643,44 € (- 5.172,91 €)
01/07/2022: 49.784,34 € (- 5.859,10 €)
01/08/2022: 56.777,07 € (+6.992,73 €)
01/09/2022: 56.724,00 € (-     53,07 €)
01/10/2022: 55.855,44 € (-   868,56 €)
01/11/2022: 57.699,49 € (+1.844,05 €)
01/12/2022: 56.415,91 € (- 1.283,58 €)
01/01/2023: 56.475,06 € (+    59,15 €)
01/02/2023: 59.646,67 € (+3.171,61 €)
01/03/2023: 60.002,28 € (+  355,61 €)
01/04/2023: 63.066,29 € (+3.064,01 €)
01/05/2023: 62.039,59 € (-1.026,70 €)
01/06/2023: 64.461,16 € (2.421,57 €)

01/07/2023: 68.526,22 € (4.065,06 €)

Another very spendy month, but investments behaved really well. 75k at the end of the year seems attainable.
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on July 03, 2023, 08:19:28 AM
racking cash savings and liquid investments (so excluding pensions and house value and my DH cash savings, since he has his own account which I'm not tracking)

December 2020: EUR 25,141
December 2021: EUR 40,501
December 2022: EUR 50,344

January 2023: EUR 52,461
February 2023: EUR 50,213
March 2023: EUR 51,197
April 2023: EUR 48,521
May 2023: EUR 49,658
June 2023: EUR 49,629


Goal for 2023: EUR 60K

Had a few large expenses this month (new contacts, new glasses...... oh the joy of having bad eyesight......), but overal the downward turn was limited thanks to the market.
Still hoping for my strech goal of 60K this year, but with DS probably having to start the teeth-braces project, I feel we're probably not getting there.
Title: Re: Race from 10 to 100k!!
Post by: la Condessa on July 06, 2023, 03:35:03 PM
Aug 2021

$11,112.43


Nov 2021

$15,002.39


April 2022

$17,146.49


Jan 2023

$21,203.88


Feb 2023

$26,057.72


April 2023

$28,562.13


May 2023

$32,689.09


June 2023

$37,087.72


July 2023

EF: $3,350

Roth IRA: $8,642.55
tIRA: $10,564.83
tIRA: $16,326.85

Robinhood: $226.59

=$39,110.82
Title: Re: Race from 10 to 100k!!
Post by: LobsterLuke on July 26, 2023, 07:56:03 PM
Hey everyone! So excited to make it to this thread finally. Here are my numbers as of this morning.

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


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

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

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

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

11/5/2022: $18,312 cash + $4,002 401k + $4,560 IRA = $26,874 NW

7/26/2023: $23,106 cash + $14,014 401k + $14,654 IRA + $35 brokerage - $0 debt = $51,809 NW

$100k here I come! But more importantly, happy fulfilled life here I come. Really proud that I'm obsessing over this number much less now.



Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on July 31, 2023, 11:31:59 PM
Tracking cash savings and liquid investments (so excluding pensions and house value and my DH cash savings, since he has his own account which I'm not tracking)

December 2020: EUR 25,141
December 2021: EUR 40,501
December 2022: EUR 50,344

January 2023: EUR 52,461
February 2023: EUR 50,213
March 2023: EUR 51,197
April 2023: EUR 48,521
May 2023: EUR 49,658
June 2023: EUR 49,629
July 2023: EUR 49,201


Goal for 2023: EUR 60K

Despite a 3 week holiday (not too spendy, but still a decent amount was taken from savings), the total is not too bad (thanks to markets). As from now, upwards we go!!!!
Title: Re: Race from 10 to 100k!!
Post by: getsorted on August 01, 2023, 06:10:51 AM
Tracking 401(k)s/IRAs:

August 2023: $10,171
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on August 01, 2023, 08:48:05 AM
July 2022 - $67,137
August 2022 - $67,643
September 2022 - $64,126
October 2022 - $66,872
November 2022 - $71,859
December 2022 - $70,117
January 2023 - $74,355
February 2023 - $75,352
March 2023 - $76,441
April 2023 - $79,158
May 2023 - $79,638
June 2023 - $84,521

July 2023 - $88,351

My 401K has gone bonkers in a good way.  Here I thought it was going to be a low month since I paid for car maintenance and my annual gym membership. 
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on August 01, 2023, 10:58:46 AM
July 2023 - $88,351

My 401K has gone bonkers in a good way.  Here I thought it was going to be a low month since I paid for car maintenance and my annual gym membership.


You are getting so close to the finish line, @LittleWanderer I'm cheering for you!
Title: Re: Race from 10 to 100k!!
Post by: comicguy on August 01, 2023, 12:00:36 PM
July update

01/26/22  Round Up 642.33    Investment  9911.44   Total 10553.77
02/26/22  Round Up 752.42    Investment 12408.26  Total 13160.68
03/25/22  Round UP 897.57    Investment 17291.64  Total 18189.21
04/30/22  Round up 971.36    Investment 18713.79  Total 19685.15
05/29/22  Round up 1083.32  Investment 20117.98  Total 21201.30
06/30/22  Round up 1132.77  Investment 21500.10  Total 22632.87
07/30/22  Round up 1372.95  Investment 22042.54  Total 23415.49
08/31/22  Round up 1459.92  Investtment 23530.05 Total 24989.97
09/30/22  Round up 1448.77  Investment  23662.64 Total 25111.41
10/31/22  Round up 1653.35  Investment  27970.70 Total 29624.05
11/20/22  Round up 1888.20  Investment  30821.32 Total 32709.52
12/31/22  Round up 1930.61  Investment  30827.38 Total 32757.99

1/31/23   Round up 2191.57   Investment  34746.35 Total 36937.92
2/28/23   Round up 2250.62   Investment  34618.49 Total 36869.11
3/31/23   Round Up 2414.73   Investment  38034.42 Total 40449.55
4/30/23   Round Up 2593.99   Investment  41109.71 Total 43784.70
5/31/23   Round Up 2704.05   Investment  40744.42 Total 43448.47
6/30/23   Round Up 2964.89   Investment  45358.97 Total 48323.86
7/31/23   Round Uo 3186.85   Investment  48247.88 Total 51434.53
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on August 01, 2023, 01:29:10 PM
You are getting so close to the finish line, @LittleWanderer I'm cheering for you!

Thank you!!!  Unless the market keeps going crazy, I suspect I'll still be here for a bit.  I've been here since 2017.  Slow and steady...
Title: Re: Race from 10 to 100k!!
Post by: Treedream on August 31, 2023, 05:26:55 AM
01/06/2018: -€60
01/01/2019: €2.875,28
01/07/2019: €9.288,20
01/08/2019: €10.485,05
01/09/2019: €11.554,85
28/09/2019: €12.182,10
24/10/2019: €13.082,24
26/11/2019: €14,311,49
01/02/2020: €15.260
29/04/2020: €18.544
31/05/2020: €21.280,05

Big gap

01/12/2022: € 21.636,38 +€ 972.77.
01/01/2023: € 22.315,45 +€ 679.07
01/02/2023: € 23.270,66 +€ 955.21
01/03/2023: € 24.052,03 +€ 781,37
01/04/2023: € 24.755,50 +€ 703,47
01/05/2023: € 25,649.20 + € 893.70

01/09/2023:  €53,363.61 (house purchase)

I bought a house (just me, all on my lonesome!) and got the keys in July. I am very proud. The move was very succesfull and I am settling in. Its been amazing to have more space and better facilities. The big increase in my numbers is mostly to do to the fact that my parents gave me a substantial gift (or early inheritance) for the purpose of the purchase. I can no longer say its all on my own merit, but I aint looking gift horses in the mouth. I will be very pleased when this number increases until I have at least as much of my own money, as their gift. So that is the goal for the next months. But I also have plans for the house. Finding the balance between the future and improving the house for comfort is a delicate struggle. But a very blessed one to have.
Title: Re: Race from 10 to 100k!!
Post by: Trifle on August 31, 2023, 06:39:32 AM
01/09/2023:  €53,363.61 (house purchase)

I bought a house (just me, all on my lonesome!) and got the keys in July. I am very proud.

Congratulations @Treedream !  That's huge. 
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on August 31, 2023, 08:58:44 AM
August 2022 - $67,643
September 2022 - $64,126
October 2022 - $66,872
November 2022 - $71,859
December 2022 - $70,117
January 2023 - $74,355
February 2023 - $75,352
March 2023 - $76,441
April 2023 - $79,158
May 2023 - $79,638
June 2023 - $84,521
July 2023 - $88,351

August 2023 - $87,215

Hanging steady!  Very normal month over here. 

Congrats on the new house, Treedream!!
Title: Re: Race from 10 to 100k!!
Post by: Treedream on September 01, 2023, 01:16:07 AM
Thanks guys! I am very pleased with it. And it turns out, my costs are lower now than when renting.
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on September 01, 2023, 03:16:38 AM
Tracking cash savings and liquid investments (so excluding pensions and house value and my DH cash savings, since he has his own account which I'm not tracking)

December 2020: EUR 25,141
December 2021: EUR 40,501
December 2022: EUR 50,344

January 2023: EUR 52,461
February 2023: EUR 50,213
March 2023: EUR 51,197
April 2023: EUR 48,521
May 2023: EUR 49,658
June 2023: EUR 49,629
July 2023: EUR 49,201
August 2023: EUR 49,145


Goal for 2023: EUR 60K

Had a little backdrop because of an unexpected bill that came in this month. We're so glad that we can just cover these things from our EF and we do not have to think twice about paying it!
Hopefully September will be a little better......

@Treedream congrats on your new home! Being a homeowner in the Netherlands is really the best way of getting ahead in the game!
Title: Re: Race from 10 to 100k!!
Post by: comicguy on September 02, 2023, 04:44:11 AM
August update

01/26/22  Round Up 642.33    Investment  9911.44   Total 10553.77
02/26/22  Round Up 752.42    Investment 12408.26  Total 13160.68
03/25/22  Round UP 897.57    Investment 17291.64  Total 18189.21
04/30/22  Round up 971.36    Investment 18713.79  Total 19685.15
05/29/22  Round up 1083.32  Investment 20117.98  Total 21201.30
06/30/22  Round up 1132.77  Investment 21500.10  Total 22632.87
07/30/22  Round up 1372.95  Investment 22042.54  Total 23415.49
08/31/22  Round up 1459.92  Investtment 23530.05 Total 24989.97
09/30/22  Round up 1448.77  Investment  23662.64 Total 25111.41
10/31/22  Round up 1653.35  Investment  27970.70 Total 29624.05
11/20/22  Round up 1888.20  Investment  30821.32 Total 32709.52
12/31/22  Round up 1930.61  Investment  30827.38 Total 32757.99

1/31/23   Round up 2191.57   Investment  34746.35 Total 36937.92
2/28/23   Round up 2250.62   Investment  34618.49 Total 36869.11
3/31/23   Round Up 2414.73   Investment  38034.42 Total 40449.55
4/30/23   Round Up 2593.99   Investment  41109.71 Total 43784.70
5/31/23   Round Up 2704.05   Investment  40744.42 Total 43448.47
6/30/23   Round Up 2964.89   Investment  45358.97 Total 48323.86
7/31/23   Round Up 3186.85   Investment  48247.88 Total 51434.53
8/31/23   Round Up 3246.18   Investment  46405.95 Total 49652.13

Down a bit this month but not surprising as I do not get paychecks in July and August so no new money went into the Investment account
Title: Re: Race from 10 to 100k!!
Post by: comicguy on September 30, 2023, 06:29:42 AM
Sept update

01/26/22  Round Up 642.33    Investment  9911.44   Total 10553.77
02/26/22  Round Up 752.42    Investment 12408.26  Total 13160.68
03/25/22  Round UP 897.57    Investment 17291.64  Total 18189.21
04/30/22  Round up 971.36    Investment 18713.79  Total 19685.15
05/29/22  Round up 1083.32  Investment 20117.98  Total 21201.30
06/30/22  Round up 1132.77  Investment 21500.10  Total 22632.87
07/30/22  Round up 1372.95  Investment 22042.54  Total 23415.49
08/31/22  Round up 1459.92  Investtment 23530.05 Total 24989.97
09/30/22  Round up 1448.77  Investment  23662.64 Total 25111.41
10/31/22  Round up 1653.35  Investment  27970.70 Total 29624.05
11/20/22  Round up 1888.20  Investment  30821.32 Total 32709.52
12/31/22  Round up 1930.61  Investment  30827.38 Total 32757.99

1/31/23   Round up 2191.57   Investment  34746.35 Total 36937.92
2/28/23   Round up 2250.62   Investment  34618.49 Total 36869.11
3/31/23   Round Up 2414.73   Investment  38034.42 Total 40449.55
4/30/23   Round Up 2593.99   Investment  41109.71 Total 43784.70
5/31/23   Round Up 2704.05   Investment  40744.42 Total 43448.47
6/30/23   Round Up 2964.89   Investment  45358.97 Total 48323.86
7/31/23   Round Up 3186.85   Investment  48247.88 Total 51434.53
8/31/23   Round Up 3246.18   Investment  46405.95 Total 49652.13
9/30/23   Round Up 31.98.44  Investment  45198.55 Total 48396.99

Both accounts down this month but I just keep buying! Keep telling myself the dip is good, the dip is good!
Title: Re: Race from 10 to 100k!!
Post by: Treedream on October 02, 2023, 01:47:26 AM
01/06/2018: -€60
01/01/2019: €2.875,28
01/07/2019: €9.288,20
01/08/2019: €10.485,05
01/09/2019: €11.554,85
28/09/2019: €12.182,10
24/10/2019: €13.082,24
26/11/2019: €14,311,49
01/02/2020: €15.260
29/04/2020: €18.544
31/05/2020: €21.280,05

Big gap

01/12/2022: € 21.636,38 +€ 972.77.
01/01/2023: € 22.315,45 +€ 679.07
01/02/2023: € 23.270,66 +€ 955.21
01/03/2023: € 24.052,03 +€ 781,37
01/04/2023: € 24.755,50 +€ 703,47
01/05/2023: € 25,649.20 + € 893.70

01/09/2023:  €53,363.61 (house purchase)

01/10/2023: €54,611.03 + €1,158.70

This includes equity in the house and savings. I haven't got much in investments at the moment, so when we get to there, I'll split it out. For now I need to increase my emergency funds first.
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on October 02, 2023, 02:00:30 AM
Tracking cash savings and liquid investments (so excluding pensions and house value and my DH cash savings, since he has his own account which I'm not tracking)

December 2020: EUR 25,141
December 2021: EUR 40,501
December 2022: EUR 50,344

January 2023: EUR 52,461
February 2023: EUR 50,213
March 2023: EUR 51,197
April 2023: EUR 48,521
May 2023: EUR 49,658
June 2023: EUR 49,629
July 2023: EUR 49,201
August 2023: EUR 49,145
September 2023: EUR 48,847


Goal for 2023: EUR 60K

Some downwards movement due to markets and teens starting school again, so all school bills come in for school camps, supplies and other activities. Teen #2 is having growth spurts, so new jeans, new sweaters and new shirts had to be bought..... Hopefully the supply he has now will get him through winter.
Teen #1 does not grow anymore, so she doesn't require a major update in clothing. Just the odd shirt or skirt.

EF has decreased a lot due to these items, so hopefully it will grow again this month. Child support from the government will come in today, so that is always a nice to have amount and will be directed immediately to the EF!
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on October 05, 2023, 07:12:21 AM
September 2022 - $64,126
October 2022 - $66,872
November 2022 - $71,859
December 2022 - $70,117
January 2023 - $74,355
February 2023 - $75,352
March 2023 - $76,441
April 2023 - $79,158
May 2023 - $79,638
June 2023 - $84,521
July 2023 - $88,351
August 2023 - $87,215

September 2023 - $83,271

Little late in posting, but here I am!  401K took a big dive this month.  :(
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on October 31, 2023, 11:58:15 AM
October 2022 - $66,872
November 2022 - $71,859
December 2022 - $70,117
January 2023 - $74,355
February 2023 - $75,352
March 2023 - $76,441
April 2023 - $79,158
May 2023 - $79,638
June 2023 - $84,521
July 2023 - $88,351
August 2023 - $87,215
September 2023 - $83,271

October 2023 - $82,040

Hanging in there...
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on November 01, 2023, 03:00:46 AM
Tracking cash savings and liquid investments (so excluding pensions and house value and my DH cash savings, since he has his own account which I'm not tracking)

December 2020: EUR 25,141
December 2021: EUR 40,501
December 2022: EUR 50,344

January 2023: EUR 52,461
February 2023: EUR 50,213
March 2023: EUR 51,197
April 2023: EUR 48,521
May 2023: EUR 49,658
June 2023: EUR 49,629
July 2023: EUR 49,201
August 2023: EUR 49,145
September 2023: EUR 48,847
October 2023: EUR 48,950


Goal for 2023: EUR 60K

The goal seems a big challenge this year. Markets were not helping this month, despite the regular contributions. Still hoping that I'm buying shares at a discount...... Big plans in the making for 2024, which will not get us to our EUR 100K goal, but will be quite an experience for the teens (3-4 weeks trip to China!!!!).
Title: Re: Race from 10 to 100k!!
Post by: comicguy on November 01, 2023, 03:38:43 PM
Oct update

01/26/22  Round Up 642.33    Investment  9911.44   Total 10553.77
02/26/22  Round Up 752.42    Investment 12408.26  Total 13160.68
03/25/22  Round UP 897.57    Investment 17291.64  Total 18189.21
04/30/22  Round up 971.36    Investment 18713.79  Total 19685.15
05/29/22  Round up 1083.32  Investment 20117.98  Total 21201.30
06/30/22  Round up 1132.77  Investment 21500.10  Total 22632.87
07/30/22  Round up 1372.95  Investment 22042.54  Total 23415.49
08/31/22  Round up 1459.92  Investtment 23530.05 Total 24989.97
09/30/22  Round up 1448.77  Investment  23662.64 Total 25111.41
10/31/22  Round up 1653.35  Investment  27970.70 Total 29624.05
11/20/22  Round up 1888.20  Investment  30821.32 Total 32709.52
12/31/22  Round up 1930.61  Investment  30827.38 Total 32757.99

1/31/23   Round up 2191.57   Investment  34746.35 Total 36937.92
2/28/23   Round up 2250.62   Investment  34618.49 Total 36869.11
3/31/23   Round Up 2414.73   Investment  38034.42 Total 40449.55
4/30/23   Round Up 2593.99   Investment  41109.71 Total 43784.70
5/31/23   Round Up 2704.05   Investment  40744.42 Total 43448.47
6/30/23   Round Up 2964.89   Investment  45358.97 Total 48323.86
7/31/23   Round Up 3186.85   Investment  48247.88 Total 51434.53
8/31/23   Round Up 3246.18   Investment  46405.95 Total 49652.13
9/30/23   Round Up 3198.44  Investment   45198.55 Total 48396.99
10/31/23 Round Up 3302.66   Investment  45110.26 Total 48412.92

Barely made an increase this month with even adding to the accounts!
Title: Re: Race from 10 to 100k!!
Post by: Treedream on November 06, 2023, 05:23:57 AM
01/06/2018: -€60
01/01/2019: €2.875,28
01/07/2019: €9.288,20
01/08/2019: €10.485,05
01/09/2019: €11.554,85
28/09/2019: €12.182,10
24/10/2019: €13.082,24
26/11/2019: €14,311,49
01/02/2020: €15.260
29/04/2020: €18.544
31/05/2020: €21.280,05

Big gap

01/12/2022: € 21.636,38 +€ 972.77.
01/01/2023: € 22.315,45 +€ 679.07
01/02/2023: € 23.270,66 +€ 955.21
01/03/2023: € 24.052,03 +€ 781,37
01/04/2023: € 24.755,50 +€ 703,47
01/05/2023: € 25,649.20 + € 893.70

01/09/2023:  €53,363 (house purchase)
01/10/2023:  €54,611

01/11/2023: €56,135 + € 1314

I think I swapped some things around between E-fund and Sinking funds (SF not included here) so the math might not add up all together. This includes equity in the house and savings. I haven't got much in investments at the moment, so when we get to there, I'll split it out. For now I need to increase my emergency funds first. I am making good progress, despite going on a fabulous holiday and setting aside money for house improvements. About € 50,500 of this is house equity. Working hard on evening this out quickly.
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on November 30, 2023, 08:56:11 AM
November 2022 - $71,859
December 2022 - $70,117
January 2023 - $74,355
February 2023 - $75,352
March 2023 - $76,441
April 2023 - $79,158
May 2023 - $79,638
June 2023 - $84,521
July 2023 - $88,351
August 2023 - $87,215
September 2023 - $83,271
October 2023 - $82,040

November 2023 - $90,530

Wow!  My first time in the 90s.  (Well, I enjoyed them as a decade too.)  I have no doubt I'll go back down as the market fluctuates, but I'm going to take the win for now.  :)  Hoping to graduate sometime next year!!
Title: Re: Race from 10 to 100k!!
Post by: getsorted on November 30, 2023, 11:34:06 AM
August 2023:       $10,171
November 2023:  $12,224
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on December 01, 2023, 12:14:29 AM
Tracking cash savings and liquid investments (so excluding pensions and house value and my DH cash savings, since he has his own account which I'm not tracking)

December 2020: EUR 25,141
December 2021: EUR 40,501
December 2022: EUR 50,344

January 2023: EUR 52,461
February 2023: EUR 50,213
March 2023: EUR 51,197
April 2023: EUR 48,521
May 2023: EUR 49,658
June 2023: EUR 49,629
July 2023: EUR 49,201
August 2023: EUR 49,145
September 2023: EUR 48,847
October 2023: EUR 48,950
November 2023: EUR 43,006

Goal for 2023: EUR 60K

Definitely not reaching my 2023 goal, but with a good reason: we already bought the plane tickets for our China trip next year!!!!! We also did prepay some on our hotels etc, so we had a good reason for a decrease. We saved/ budgetted for this trip and so far, it's still looking like we will stay within budget!
Title: Re: Race from 10 to 100k!!
Post by: Treedream on December 01, 2023, 01:43:08 AM
01/06/2018: -€60
01/01/2019: €2.875,28
01/07/2019: €9.288,20
01/08/2019: €10.485,05
01/09/2019: €11.554,85
28/09/2019: €12.182,10
24/10/2019: €13.082,24
26/11/2019: €14,311,49
01/02/2020: €15.260
29/04/2020: €18.544
31/05/2020: €21.280,05

Big gap

01/12/2022: € 21.636,38 +€ 972.77.
01/01/2023: € 22.315,45 +€ 679.07
01/02/2023: € 23.270,66 +€ 955.21
01/03/2023: € 24.052,03 +€ 781,37
01/04/2023: € 24.755,50 +€ 703,47
01/05/2023: € 25,649.20 + € 893.70

01/09/2023:  €53,363 (house purchase)
01/10/2023:  €54,611
01/11/2023:  €56,135

01/11/2023: €57,492 + € 1357

Its been very steady going the last couple of months. November was really good, as I finally managed to cook more real food at home, keeping the groceries down. I got a few things for the house, like an induction hob, but those expenses are spread out over the year because I put monthly amounts in sinking funds which I don't count here. I basically consider the sinking fund pots already spend, so I feel free to use them for their intended purpose.

Hoping to end the year close to 59K.
Title: Re: Race from 10 to 100k!!
Post by: comicguy on December 01, 2023, 04:43:42 AM
Nov update

01/26/22  Round Up 642.33    Investment  9911.44   Total 10553.77
02/26/22  Round Up 752.42    Investment 12408.26  Total 13160.68
03/25/22  Round UP 897.57    Investment 17291.64  Total 18189.21
04/30/22  Round up 971.36    Investment 18713.79  Total 19685.15
05/29/22  Round up 1083.32  Investment 20117.98  Total 21201.30
06/30/22  Round up 1132.77  Investment 21500.10  Total 22632.87
07/30/22  Round up 1372.95  Investment 22042.54  Total 23415.49
08/31/22  Round up 1459.92  Investtment 23530.05 Total 24989.97
09/30/22  Round up 1448.77  Investment  23662.64 Total 25111.41
10/31/22  Round up 1653.35  Investment  27970.70 Total 29624.05
11/20/22  Round up 1888.20  Investment  30821.32 Total 32709.52
12/31/22  Round up 1930.61  Investment  30827.38 Total 32757.99

1/31/23   Round up 2191.57   Investment  34746.35 Total 36937.92
2/28/23   Round up 2250.62   Investment  34618.49 Total 36869.11
3/31/23   Round Up 2414.73   Investment  38034.42 Total 40449.55
4/30/23   Round Up 2593.99   Investment  41109.71 Total 43784.70
5/31/23   Round Up 2704.05   Investment  40744.42 Total 43448.47
6/30/23   Round Up 2964.89   Investment  45358.97 Total 48323.86
7/31/23   Round Up 3186.85   Investment  48247.88 Total 51434.53
8/31/23   Round Up 3246.18   Investment  46405.95 Total 49652.13
9/30/23   Round Up 3198.44  Investment   45198.55 Total 48396.99
10/31/23 Round Up 3302.66   Investment  45110.26 Total 48412.92
11/30/23 Round Up 3699.72  Investment   49541.50 Total 53241.22

Title: Re: Race from 10 to 100k!!
Post by: Air on December 27, 2023, 03:41:24 AM
Finally got an account set up for this forum, was a hassle getting the activation mail.
Sharing progress, being motivated and perhaps motivating others will be interesting!

without further ado the december 2023 update:
       Added       Total       
Jan-23              € 0 K       
Feb-23              € 0 K       
Mar-23              € 0 K       
Apr-23       € 0 K       € 0 K       
May-23       € 8 K       € 8 K       
Jun-23       € 7.4 K       € 15.4 K       
Jul-23       € 0.3 K       € 15.7 K       
Aug-23       € 4 K       € 19.7 K       
Sep-23       € -0.1 K       € 19.6 K       
Oct-23       € 2.5 K       € 22.1 K       
Nov-23       € 1.9 K       € 24 K       
Dec-23       € 1.3 K       € 25.4 K       


Investments in ETFs measured at first of month.
Title: Re: Race from 10 to 100k!!
Post by: getsorted on December 27, 2023, 02:30:32 PM
August 2023:       $10,171
November 2023:  $12,224
December 2023:  $13,048
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on December 28, 2023, 09:42:23 AM
December 2022 - $70,117
January 2023 - $74,355
February 2023 - $75,352
March 2023 - $76,441
April 2023 - $79,158
May 2023 - $79,638
June 2023 - $84,521
July 2023 - $88,351
August 2023 - $87,215
September 2023 - $83,271
October 2023 - $82,040
November 2023 - $90,530

December 2023 - $97,000

My 401K exploded in a good way.  Wild times!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on December 29, 2023, 02:00:10 AM
Whoa look at you @LittleWanderer!  I remember you from the "Race to 10k" thread.  And now you’re almost to 100k!!!   

Great job everyone -- lots of steady progress, and a nice little market upswing for New Years.  Getting to 100k can be a tough slog, where it feels like progress is slow and market swings are big.  But you've got this y'all.  Go go go!
Title: Re: Race from 10 to 100k!!
Post by: LobsterLuke on December 30, 2023, 10:43:15 AM
Hey everyone! So excited to make it to this thread finally. Here are my numbers as of this morning.

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


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

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

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

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

11/5/2022: $18,312 cash + $4,002 401k + $4,560 IRA = $26,874 NW

7/26/2023: $23,106 cash + $14,014 401k + $14,654 IRA + $35 brokerage - $0 debt = $51,809 NW

$100k here I come! But more importantly, happy fulfilled life here I come. Really proud that I'm obsessing over this number much less now.

12/30/2023: $30,342 cash + $110 brokerage + $23,948 401k + $15,409 IRA  - $0 debt = $69,809 NW Happy new year!
Title: Re: Race from 10 to 100k!!
Post by: comicguy on December 31, 2023, 05:22:43 AM
Dec update

01/26/22  Round Up 642.33    Investment  9911.44   Total 10553.77
02/26/22  Round Up 752.42    Investment 12408.26  Total 13160.68
03/25/22  Round UP 897.57    Investment 17291.64  Total 18189.21
04/30/22  Round up 971.36    Investment 18713.79  Total 19685.15
05/29/22  Round up 1083.32  Investment 20117.98  Total 21201.30
06/30/22  Round up 1132.77  Investment 21500.10  Total 22632.87
07/30/22  Round up 1372.95  Investment 22042.54  Total 23415.49
08/31/22  Round up 1459.92  Investtment 23530.05 Total 24989.97
09/30/22  Round up 1448.77  Investment  23662.64 Total 25111.41
10/31/22  Round up 1653.35  Investment  27970.70 Total 29624.05
11/20/22  Round up 1888.20  Investment  30821.32 Total 32709.52
12/31/22  Round up 1930.61  Investment  30827.38 Total 32757.99

1/31/23   Round up 2191.57   Investment  34746.35 Total 36937.92
2/28/23   Round up 2250.62   Investment  34618.49 Total 36869.11
3/31/23   Round Up 2414.73   Investment  38034.42 Total 40449.55
4/30/23   Round Up 2593.99   Investment  41109.71 Total 43784.70
5/31/23   Round Up 2704.05   Investment  40744.42 Total 43448.47
6/30/23   Round Up 2964.89   Investment  45358.97 Total 48323.86
7/31/23   Round Up 3186.85   Investment  48247.88 Total 51434.53
8/31/23   Round Up 3246.18   Investment  46405.95 Total 49652.13
9/30/23   Round Up 3198.44  Investment   45198.55 Total 48396.99
10/31/23 Round Up 3302.66   Investment  45110.26 Total 48412.92
11/30/23 Round Up 3699.72  Investment   49541.50 Total 53241.22
12/31/23 Round Up 4031.71  Investment   53525.05 Total 57556.75
Title: Re: Race from 10 to 100k!!
Post by: Treedream on January 01, 2024, 06:12:41 AM
01/06/2018: -€60
01/01/2019: €2.875,28
01/07/2019: €9.288,20
01/08/2019: €10.485,05
01/09/2019: €11.554,85
28/09/2019: €12.182,10
24/10/2019: €13.082,24
26/11/2019: €14,311,49
01/02/2020: €15.260
29/04/2020: €18.544
31/05/2020: €21.280,05

Big gap

01/12/2022: € 21.636,38 +€ 972.77.
01/01/2023: € 22.315,45 +€ 679.07
01/02/2023: € 23.270,66 +€ 955.21
01/03/2023: € 24.052,03 +€ 781,37
01/04/2023: € 24.755,50 +€ 703,47
01/05/2023: € 25,649.20 + € 893.70

01/09/2023:  €53,363 (house purchase)
01/10/2023:  €54,611
01/11/2023:  €56,135
01/12/2023:  €57,492

01/12/2023: €59,606 + €2,114  Investments: €550

Well, I smashed that €59K goal thanks to an unexpected bonus from work! I managed to pay back my parents in full on a loan that I got for the housemove, I increased my emergency fund and invested for the first time in a while. I have investments again! That makes me very happy. And all this while not restricting too fiercely and spending money on the house and saving up seperate little pots for expected expenses, like holidays and electronics.

All in all 2023 was a year that saw a big move with me buying a house. It was a large expense and has skewed my net worth to be 85% in bricks. But I still managed to save a good amount of money and find a good balance between spending on the house and life and putting money away. Up to another succesfull year. Happy New Year!

In 2024 I plan to complete the emergency fund, after which I will invest again considerably. The goal is to decrease the percentage of net worth that is in my house. The net worth goal for next year is around €73.5K. But I will stay flexible, cause life has a way of trowing curve balls at you.
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on January 02, 2024, 12:25:40 AM
Tracking cash savings and liquid investments (so excluding pensions and house value and my DH cash savings, since he has his own account which I'm not tracking)

December 2020: EUR 25,141
December 2021: EUR 40,501
December 2022: EUR 50,344
December 2023: EUR 51,366

Goal for 2024: EUR 55K

Happy New Year!!!! Managed to get my liquids around the same amount as 2022, which is OK. Total net worth went up considerably, since we put a lot of liquids into the house as early repayment of the mortgage.
For 2024, we're planning a big trip, which will dig into the liquids and we want to continue the early repayment of the mortgage (we're trying to double the payment each month, which is a challenge, but hey, who doesn't like a good challenge!). But I'm still hoping to go up slightly.
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on January 30, 2024, 10:36:45 AM
January 2023 - $74,355
February 2023 - $75,352
March 2023 - $76,441
April 2023 - $79,158
May 2023 - $79,638
June 2023 - $84,521
July 2023 - $88,351
August 2023 - $87,215
September 2023 - $83,271
October 2023 - $82,040
November 2023 - $90,530
December 2023 - $97,000

January 2024 - $99,131

I'm a day early, but I know I'll forget to do this tomorrow.  I don't want to jinx myself, but...maybe next month??
Title: Re: Race from 10 to 100k!!
Post by: Serendip on January 30, 2024, 05:14:23 PM

January 2024 - $99,131

I'm a day early, but I know I'll forget to do this tomorrow.  I don't want to jinx myself, but...maybe next month??

Exciting! @LittleWanderer  Fingers crossed for you :)
Title: Re: Race from 10 to 100k!!
Post by: Treedream on January 31, 2024, 06:46:30 AM
01/06/2018: -€60
01/01/2019: €2.875,28
01/07/2019: €9.288,20
01/08/2019: €10.485,05
01/09/2019: €11.554,85
28/09/2019: €12.182,10
24/10/2019: €13.082,24
26/11/2019: €14,311,49
01/02/2020: €15.260
29/04/2020: €18.544
31/05/2020: €21.280,05

Big gap

01/12/2022: € 21.636,38 +€ 972.77.
01/01/2023: € 22.315,45 +€ 679.07
01/02/2023: € 23.270,66 +€ 955.21
01/03/2023: € 24.052,03 +€ 781,37
01/04/2023: € 24.755,50 +€ 703,47
01/05/2023: € 25,649.20 + € 893.70

01/09/2023:  €53,363 (house purchase)
01/10/2023:  €54,611
01/11/2023:  €56,135
01/12/2023:  €57,492
01/01/2024:  €59,606  Investments: €550

01/02/2024: € 60,227 + € 621  Investments: € 619 + € 69

The January sales got me. I bought some clothing and far too much food for the pantry. On top of that my long distance bf came over for a week. All in all I spend a bit more than I was planning, but nothing too regretfull. It is very fun to see my investments moving, even if its just a small amount. I am having fun with it.
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on January 31, 2024, 06:58:52 AM
January 2023 - $74,355
February 2023 - $75,352
March 2023 - $76,441
April 2023 - $79,158
May 2023 - $79,638
June 2023 - $84,521
July 2023 - $88,351
August 2023 - $87,215
September 2023 - $83,271
October 2023 - $82,040
November 2023 - $90,530
December 2023 - $97,000

January 2024 - $99,131

I'm a day early, but I know I'll forget to do this tomorrow.  I don't want to jinx myself, but...maybe next month??

Way to go!! February is graduation month for you, I can feel it!
Title: Re: Race from 10 to 100k!!
Post by: Treedream on January 31, 2024, 07:02:02 AM
January 2023 - $74,355
February 2023 - $75,352
March 2023 - $76,441
April 2023 - $79,158
May 2023 - $79,638
June 2023 - $84,521
July 2023 - $88,351
August 2023 - $87,215
September 2023 - $83,271
October 2023 - $82,040
November 2023 - $90,530
December 2023 - $97,000

January 2024 - $99,131

I'm a day early, but I know I'll forget to do this tomorrow.  I don't want to jinx myself, but...maybe next month??

So close! Fingers crossed.
Title: Re: Race from 10 to 100k!!
Post by: comicguy on January 31, 2024, 06:02:30 PM
Jan update

01/26/22  Round Up 642.33    Investment  9911.44   Total 10553.77
02/26/22  Round Up 752.42    Investment 12408.26  Total 13160.68
03/25/22  Round UP 897.57    Investment 17291.64  Total 18189.21
04/30/22  Round up 971.36    Investment 18713.79  Total 19685.15
05/29/22  Round up 1083.32  Investment 20117.98  Total 21201.30
06/30/22  Round up 1132.77  Investment 21500.10  Total 22632.87
07/30/22  Round up 1372.95  Investment 22042.54  Total 23415.49
08/31/22  Round up 1459.92  Investtment 23530.05 Total 24989.97
09/30/22  Round up 1448.77  Investment  23662.64 Total 25111.41
10/31/22  Round up 1653.35  Investment  27970.70 Total 29624.05
11/20/22  Round up 1888.20  Investment  30821.32 Total 32709.52
12/31/22  Round up 1930.61  Investment  30827.38 Total 32757.99

1/31/23   Round up 2191.57   Investment  34746.35 Total 36937.92
2/28/23   Round up 2250.62   Investment  34618.49 Total 36869.11
3/31/23   Round Up 2414.73   Investment  38034.42 Total 40449.55
4/30/23   Round Up 2593.99   Investment  41109.71 Total 43784.70
5/31/23   Round Up 2704.05   Investment  40744.42 Total 43448.47
6/30/23   Round Up 2964.89   Investment  45358.97 Total 48323.86
7/31/23   Round Up 3186.85   Investment  48247.88 Total 51434.53
8/31/23   Round Up 3246.18   Investment  46405.95 Total 49652.13
9/30/23   Round Up 3198.44  Investment   45198.55 Total 48396.99
10/31/23 Round Up 3302.66   Investment  45110.26 Total 48412.92
11/30/23 Round Up 3699.72  Investment   49541.50 Total 53241.22
12/31/23 Round Up 4031.71  Investment   53525.05 Total 57556.75

01/31/24 Round Up 4157.69  Investment   53274.08  Total 57431.77

Down a bit this month but I am sure it will increase in Feb! :)
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on February 01, 2024, 12:59:57 AM
Tracking cash savings and liquid investments (so excluding pensions and house value and my DH cash savings, since he has his own account which I'm not tracking)

December 2020: EUR 25,141
December 2021: EUR 40,501
December 2022: EUR 50,344
December 2023: EUR 51,366

January 2024: EUR 51,666

Goal for 2024: EUR 55K

Small increase this month in liquids (which I'm tracking here), but we did an extra payment on the mortgage, so total net worth increased more than this!
Still expecting some maintenance work on the house, so this will also be paid from our savings and will keep the increase for 2024 limited.

@LittleWanderer you are sooooooooo close!
Title: Re: Race from 10 to 100k!!
Post by: Air on February 02, 2024, 07:21:08 AM
@LittleWanderer Nice!

Second update ever. Changed the file a bit, now calculating at eom and included some measures. Savings rate is calculated using income from work, income is not in the table. There is also money coming from other sources, which I don't count toward savings rate.
Today I already transferred the money for february investments. In truth, the aim was not met for february: added 2.261 and the aim was 2.323.
Total includes investment growth.

2023       Added       Total       2024       Aim       Added       SR       Total       
Jan-23              € 0 K   |    Jan-24       € 2.7 K       € 3.6 K       80%       € 33.1 K       
Feb-23              € 0 K   |    Feb-24       € 2.3 K       € 2.3 K       %       € 0 K       
Mar-23              € 0 K   |    Mar-24       € 2.1 K       € 0 K       %       € 0 K       
Apr-23       € 0 K       € 0 K   |    Apr-24       € 2.3 K       € 0 K       %       € 0 K       
May-23       € 8 K       € 8 K   |    May-24       € 3.9 K       € 0 K       %       € 0 K       
Jun-23       € 7.4 K       € 15.4 K   |    Jun-24       € 2.3 K       € 0 K       %       € 0 K       
Jul-23       € 0.3 K       € 15.7 K   |    Jul-24       € 2.3 K       € 0 K       %       € 0 K       
Aug-23       € 4 K       € 19.7 K   |    Aug-24       € 2.3 K       € 0 K       %       € 0 K       
Sep-23       € -0.1 K       € 19.6 K   |    Sep-24       € 2.3 K       € 0 K       %       € 0 K       
Oct-23       € 2.5 K       € 22.1 K   |    Oct-24       € 2.3 K       € 0 K       %       € 0 K       
Nov-23       € 1.9 K       € 24 K   |    Nov-24       € 2.3 K       € 0 K       %       € 0 K       
Dec-23       € 1.3 K       € 25.4 K   |    Dec-24       € 2.3 K       € 0 K       %       € 0 K       
Title: Re: Race from 10 to 100k!!
Post by: getsorted on February 02, 2024, 12:00:59 PM
August 2023:       $10,171
November 2023:  $12,224
December 2023:  $13,048
January 2024:     $14,724
Title: Re: Race from 10 to 100k!!
Post by: la Condessa on February 04, 2024, 12:48:30 PM
Aug 2021

$11,112.43


Nov 2021

$15,002.39


April 2022

$17,146.49


Jan 2023

$21,203.88


Feb 2023

$26,057.72


April 2023

$28,562.13


May 2023

$32,689.09


June 2023

$37,087.72


July 2023

$39,110.82


February 2024

EF: $4,000

Roth IRA: $1,687.07
tIRA: $14,396.20
tIRA: $19,975.22

Robinhood: $281.36

=$36,343.85

We've had some setbacks, but they have been covered, and we are moving forward again.
Title: Re: Race from 10 to 100k!!
Post by: LittleWanderer on February 28, 2024, 03:11:21 PM
February 2023 - $75,352
March 2023 - $76,441
April 2023 - $79,158
May 2023 - $79,638
June 2023 - $84,521
July 2023 - $88,351
August 2023 - $87,215
September 2023 - $83,271
October 2023 - $82,040
November 2023 - $90,530
December 2023 - $97,000
January 2024 - $99,131

February 2024 - $102,401

Holy crap, I did it.  It took me almost exactly 7 years to go from zero to $100K.   

Thanks for all the support!  I'm a single lady who just turned 41 last week and doesn't earn that much, so it was a battle.  I hope to see you all in the next thread soon!!! :) 
Title: Re: Race from 10 to 100k!!
Post by: Tass on February 28, 2024, 04:44:18 PM
WOOHOOO!!

It was over 6 years for me, so similar timeline, but it pays off! Congrats!
Title: Re: Race from 10 to 100k!!
Post by: Trifle on February 29, 2024, 02:17:11 AM
February 2024 - $102,401

Holy crap, I did it.  It took me almost exactly 7 years to go from zero to $100K.   

Thanks for all the support!  I'm a single lady who just turned 41 last week and doesn't earn that much, so it was a battle.  I hope to see you all in the next thread soon!!! :)

Congratulations @LittleWanderer!!!  Well done.  What a fantastic birthday present to yourself.   
Title: Re: Race from 10 to 100k!!
Post by: Ze Stash on February 29, 2024, 04:01:00 AM
Net worth:
01/01/2019: -    109,47 €
01/02/2019:      269,41 € (+   378,88 €)
01/03/2019:      890,47 € (+   621,06 €)
01/04/2019:   1.767,70 € (+   877,23 €)
01/05/2019:   3.755,46 € (+1.987,76 €)
01/06/2019:   4.814,83 € (+1.059,37 €)
01/07/2019:   5.959,50 € (+1.144,67 €)
01/08/2019:   7.116,94 € (+1.157,44 €)
01/09/2019:   9.855,39 € (+2.738,45 €)
01/10/2019:   9.718,18 € (-   137,21 €)
01/11/2019: 10.726,98 € (+1.008,80 €)
01/12/2019: 11.773,70 € (+1.046,72 €)
01/01/2020: 12.979,27 € (+1.205,57 €)
01/02/2020: 14.363,54 € (+1.384,27 €)
01/03/2020: 15.039,09 € (+   675,56 €)
01/04/2020: 15.456,74 € (+   417,65 €)
01/05/2020: 16.903,74 € (+1.447,00 €)
01/06/2020: 17.847,51 € (+   943,77 €)
01/07/2020: 19.991,35 € (+2.143,84 €)
01/08/2020: 23.859,77 € (+3.868,42 €)
01/09/2020: 27.705,58 € (+3.845,81 €)
01/10/2020: 28.348,92 € (+   643,34 €)
01/11/2020: 29.975,77 € (+1.626,85 €)
01/12/2020: 32.157,81 € (+2.182,04 €)
01/01/2021: 37.536,36 € (+5.378,55 €)
01/02/2021: 39.128,65 € (+1.592,29 €)
01/03/2021: 43.488,25 € (+4.359,60 €)
01/04/2021: 50.227,75 € (+6.739,50 €)
01/05/2021: 50.942,27 € (+   714,52 €)
01/06/2021: 45.969,23 € (- 4.973,04 €)
01/07/2021: 47.887,98 € (+1.918,75 €)
01/08/2021: 50.361,49 € (+2.473,51 €)
01/09/2021: 55.538,44 € (+5.176,95 €)
01/10/2021: 55.405,64 € (-    132,80 €)
01/11/2021: 62.397,76 € (+6.992,12 €)
01/12/2021: 62.957,50 € (+   559,74 €)
01/01/2022: 62.444,54 € (-    512,96 €)
01/02/2022: 57.130,55 € (- 5.313,99 €)
01/03/2022: 59.780,50 € (+2.649,95 €)
01/04/2022: 63.814,15 € (+4.033,65 €)
01/05/2022: 60.816,35 € (- 2.997,80 €)
01/06/2022: 55.643,44 € (- 5.172,91 €)
01/07/2022: 49.784,34 € (- 5.859,10 €)
01/08/2022: 56.777,07 € (+6.992,73 €)
01/09/2022: 56.724,00 € (-     53,07 €)
01/10/2022: 55.855,44 € (-   868,56 €)
01/11/2022: 57.699,49 € (+1.844,05 €)
01/12/2022: 56.415,91 € (- 1.283,58 €)
01/01/2023: 56.475,06 € (+    59,15 €)
01/02/2023: 59.646,67 € (+3.171,61 €)
01/03/2023: 60.002,28 € (+  355,61 €)
01/04/2023: 63.066,29 € (+3.064,01 €)
01/05/2023: 62.039,59 € (-1.026,70 €)
01/06/2023: 64.461,16 € (+2.421,57 €)
01/07/2023: 68.526,22 € (+4.065,06 €)

01/03/2024: 84.950,64 € (+16.424,42 €)

Haven't updated in a while. The increase in the past months is no thanks to my savings, which were very minimal during that time frame, but due to the recent stock market and especially BTC increases. My long term girlfriend and I broke up in December. This was not only sad but also costly, as I bought her out of all posessions we co-owned which ended up being around 9 k €. I negotiated a raise of 1 k € a month before taxes starting in February, this more than covers having to pay rent on my own. I'll also receive a bonus of 12 k € before taxes soon, so barring any stock market or BTC downturns I might speedwalk out of this race despite the turmoil of the last months.
Title: Re: Race from 10 to 100k!!
Post by: Dutch Comfort on February 29, 2024, 11:47:22 PM
Tracking cash savings and liquid investments (so excluding pensions and house value and my DH cash savings, since he has his own account which I'm not tracking)

December 2020: EUR 25,141
December 2021: EUR 40,501
December 2022: EUR 50,344
December 2023: EUR 51,366

January 2024: EUR 51,666
February 2024: EUR 52,399

Goal for 2024: EUR 55K

Nice decent increase. No special things in February, so just the regular savings/investments. Waiting for my job re-grading, which hopefully will result in a salary increase.

@LittleWanderer : huge, huge, HUGE CONGRATS!!!!! You made it!
@Ze Stash: sorry to hear about your breakup. Hope you get back on track soon!

Title: Re: Race from 10 to 100k!!
Post by: Air on March 01, 2024, 09:06:46 AM
2023       Added       Total       2024       Aim       Added       SR       Total       
Jan-23              € 0 K   |    Jan-24       € 2.7 K       € 3.6 K       80%       € 33.1 K       
Feb-23              € 0 K   |    Feb-24       € 2.3 K       € 2.5 K       65%       € 36.7 K       
Mar-23              € 0 K   |    Mar-24       € 2.1 K       € 2.5 K       %       € 0 K       
Apr-23       € 0 K       € 0 K   |    Apr-24       € 2.3 K       € 0 K       %       € 0 K       
May-23       € 8 K       € 8 K   |    May-24       € 3.9 K       € 0 K       %       € 0 K       
Jun-23       € 7.4 K       € 15.4 K   |    Jun-24       € 2.3 K       € 0 K       %       € 0 K       
Jul-23       € 0.3 K       € 15.7 K   |    Jul-24       € 2.3 K       € 0 K       %       € 0 K       
Aug-23       € 4 K       € 19.7 K   |    Aug-24       € 2.3 K       € 0 K       %       € 0 K       
Sep-23       € -0.1 K       € 19.6 K   |    Sep-24       € 2.3 K       € 0 K       %       € 0 K       
Oct-23       € 2.5 K       € 22.1 K   |    Oct-24       € 2.3 K       € 0 K       %       € 0 K       
Nov-23       € 1.9 K       € 24 K   |    Nov-24       € 2.3 K       € 0 K       %       € 0 K       
Dec-23       € 1.3 K       € 25.4 K   |    Dec-24       € 2.3 K       € 0 K       %       € 0 K       

Congratulations @LittleWanderer!

Another interesting metric is until what date can you live with your SWR? So projected SWR and current portfolio.
Coincidentially, I could've survived with a SWR of 4% on current portfolio until today.
Has anyone else tried to measure their progress in this way?

In excel I did the following formula to calculate this:
=45292+Portfolio*SWR/CostOfLivingPerday

45292 is the 1st of january 2024 per Excel count of days.
Format the cell as date and you get the day until your SWR money theoretically runs out :).
Title: Re: Race from 10 to 100k!!
Post by: comicguy on March 02, 2024, 04:14:36 AM
Feb update

01/26/22  Round Up 642.33    Investment  9911.44   Total 10553.77
02/26/22  Round Up 752.42    Investment 12408.26  Total 13160.68
03/25/22  Round UP 897.57    Investment 17291.64  Total 18189.21
04/30/22  Round up 971.36    Investment 18713.79  Total 19685.15
05/29/22  Round up 1083.32  Investment 20117.98  Total 21201.30
06/30/22  Round up 1132.77  Investment 21500.10  Total 22632.87
07/30/22  Round up 1372.95  Investment 22042.54  Total 23415.49
08/31/22  Round up 1459.92  Investtment 23530.05 Total 24989.97
09/30/22  Round up 1448.77  Investment  23662.64 Total 25111.41
10/31/22  Round up 1653.35  Investment  27970.70 Total 29624.05
11/20/22  Round up 1888.20  Investment  30821.32 Total 32709.52
12/31/22  Round up 1930.61  Investment  30827.38 Total 32757.99

1/31/23   Round up 2191.57   Investment  34746.35 Total 36937.92
2/28/23   Round up 2250.62   Investment  34618.49 Total 36869.11
3/31/23   Round Up 2414.73   Investment  38034.42 Total 40449.55
4/30/23   Round Up 2593.99   Investment  41109.71 Total 43784.70
5/31/23   Round Up 2704.05   Investment  40744.42 Total 43448.47
6/30/23   Round Up 2964.89   Investment  45358.97 Total 48323.86
7/31/23   Round Up 3186.85   Investment  48247.88 Total 51434.53
8/31/23   Round Up 3246.18   Investment  46405.95 Total 49652.13
9/30/23   Round Up 3198.44  Investment   45198.55 Total 48396.99
10/31/23 Round Up 3302.66   Investment  45110.26 Total 48412.92
11/30/23 Round Up 3699.72  Investment   49541.50 Total 53241.22
12/31/23 Round Up 4031.71  Investment   53525.05 Total 57556.75

01/31/24 Round Up 4157.69  Investment   53274.08  Total 57431.77
02/29/24 Round Up 4438.66  Investement 55297.24  Total 59735.90

Half of this months increase was new money the other half stock market increases
Title: Re: Race from 10 to 100k!!
Post by: Treedream on March 02, 2024, 12:26:48 PM
01/06/2018: -€60
01/01/2019: €2.875
01/07/2019: €9.288
01/08/2019: €10.485
01/09/2019: €11.554
28/09/2019: €12.182
24/10/2019: €13.082
26/11/2019: €14,311
01/02/2020: €15.260
29/04/2020: €18.544
31/05/2020: €21.280

Big gap

01/12/2022: € 21.636
01/01/2023: € 22.315
01/02/2023: € 23.270
01/03/2023: € 24.052
01/04/2023: € 24.755
01/05/2023: € 25,649

01/09/2023:  €53,363 (house purchase)
01/10/2023:  €54,611
01/11/2023:  €56,135
01/12/2023:  €57,492
01/01/2024:  €59,606  Investments: €550
01/02/2024:  €60,227  Investments: €619

01/03/2024: € 61,450 + € 1,223  Investments: € 684 + € 65

Decent month.
Title: Re: Race from 10 to 100k!!
Post by: TyGuy on March 03, 2024, 01:34:00 PM
February 2023 - $75,352
March 2023 - $76,441
April 2023 - $79,158
May 2023 - $79,638
June 2023 - $84,521
July 2023 - $88,351
August 2023 - $87,215
September 2023 - $83,271
October 2023 - $82,040
November 2023 - $90,530
December 2023 - $97,000
January 2024 - $99,131

February 2024 - $102,401

Holy crap, I did it.  It took me almost exactly 7 years to go from zero to $100K.   

Thanks for all the support!  I'm a single lady who just turned 41 last week and doesn't earn that much, so it was a battle.  I hope to see you all in the next thread soon!!! :)



Yay, yay, yay!! You stuck to it, and you achieved your goal! Welcome to the next thread!!!
Title: Re: Race from 10 to 100k!!
Post by: Treedream on March 04, 2024, 01:48:01 AM
February 2023 - $75,352
March 2023 - $76,441
April 2023 - $79,158
May 2023 - $79,638
June 2023 - $84,521
July 2023 - $88,351
August 2023 - $87,215
September 2023 - $83,271
October 2023 - $82,040
November 2023 - $90,530
December 2023 - $97,000
January 2024 - $99,131

February 2024 - $102,401

Holy crap, I did it.  It took me almost exactly 7 years to go from zero to $100K.   

Thanks for all the support!  I'm a single lady who just turned 41 last week and doesn't earn that much, so it was a battle.  I hope to see you all in the next thread soon!!! :)

Congrats! If the first 100 is the hardest, you've achieved the hardest goal!
Title: Re: Race from 10 to 100k!!
Post by: getsorted on March 04, 2024, 08:21:01 AM
It took me almost exactly 7 years to go from zero to $100K.   

You're an inspiration to this 41-year-old single lady!!! Well done!

---

Update:

August 2023:       $10,171
November 2023:  $12,224
December 2023:  $13,048
January 2024:     $14,724
February 2024:    $15,805
Title: Re: Race from 10 to 100k!!
Post by: Log on March 07, 2024, 09:21:39 AM
I still feel somewhat uncertain about tracking by Net Worth vs Cash+Liquid&Retirement Investments. I understand the argument for the latter for homeowners, to strike out estimated home value and mortgage balance. But since I rent and my liabilities are in student loans, it doesn't feel "real" to say that I have almost $40k in cash+liquid investments. (!!)

But even in a full NW calculation, I've now crossed the $10k mark! My NW has already increased by almost $8k since the beginning of the year due to a very lucrative February (:

3/7/2024 NW: $11.4k / Cash/Stocks: $38.4k
Title: Re: Race from 10 to 100k!!
Post by: getsorted on March 07, 2024, 10:14:57 AM
I still feel somewhat uncertain about tracking by Net Worth vs Cash+Liquid&Retirement Investments. I understand the argument for the latter for homeowners, to strike out estimated home value and mortgage balance. But since I rent and my liabilities are in student loans, it doesn't feel "real" to say that I have almost $40k in cash+liquid investments. (!!)

But even in a full NW calculation, I've now crossed the $10k mark! My NW has already increased by almost $8k since the beginning of the year due to a very lucrative February (:

3/7/2024 NW: $11.4k / Cash/Stocks: $38.4k

I'm only tracking my "stache," aka my retirement investments. My actual NW may cross the 100k mark this year. My stache... not so much.
Title: Re: Race from 10 to 100k!!
Post by: Log on March 07, 2024, 10:24:52 AM
I still feel somewhat uncertain about tracking by Net Worth vs Cash+Liquid&Retirement Investments. I understand the argument for the latter for homeowners, to strike out estimated home value and mortgage balance. But since I rent and my liabilities are in student loans, it doesn't feel "real" to say that I have almost $40k in cash+liquid investments. (!!)

But even in a full NW calculation, I've now crossed the $10k mark! My NW has already increased by almost $8k since the beginning of the year due to a very lucrative February (:

3/7/2024 NW: $11.4k / Cash/Stocks: $38.4k

I'm only tracking my "stache," aka my retirement investments. My actual NW may cross the 100k mark this year. My stache... not so much.

I'm guessing that discrepancy is in home equity?

Like I said, I see the value in excluding home/mortgage, but student loans (and current statement balances on credit cards, for that matter) seem more like straightforward dollar inputs that don't have the same complexity as real estate. I just don't feel like I "have" almost $40k when I almost have -$40k in student loans balancing it right out. (The other assets bringing me up over $10k are my musical instruments).
Title: Re: Race from 10 to 100k!!
Post by: getsorted on March 07, 2024, 01:29:59 PM
I still feel somewhat uncertain about tracking by Net Worth vs Cash+Liquid&Retirement Investments. I understand the argument for the latter for homeowners, to strike out estimated home value and mortgage balance. But since I rent and my liabilities are in student loans, it doesn't feel "real" to say that I have almost $40k in cash+liquid investments. (!!)

But even in a full NW calculation, I've now crossed the $10k mark! My NW has already increased by almost $8k since the beginning of the year due to a very lucrative February (:

3/7/2024 NW: $11.4k / Cash/Stocks: $38.4k

I'm only tracking my "stache," aka my retirement investments. My actual NW may cross the 100k mark this year. My stache... not so much.

I'm guessing that discrepancy is in home equity?

Like I said, I see the value in excluding home/mortgage, but student loans (and current statement balances on credit cards, for that matter) seem more like straightforward dollar inputs that don't have the same complexity as real estate. I just don't feel like I "have" almost $40k when I almost have -$40k in student loans balancing it right out. (The other assets bringing me up over $10k are my musical instruments).

Mostly, but not entirely. My total NW breakdown is currently, roughly:
around $20k cash
around $10k in a 529
around $14k investments
around $123k primary residence
around -$62k mortgage
an -$8k loan from a relative who refuses to allow me to pay her back, but I feel virtually certain will come calling for that money in the future.

I don't count the cash savings because its entire purpose is to be there for unexpected expenses; its nature is that it can disappear quickly. I don't count the house because I intend to live in it. While it's possible I could someday mobilize its value for income purposes, it's unlikely in my case.

For my purposes here, what I'm concerned with is growing the stache for future income. I have a $500,000 stache goal, not a NW goal. But how you or anyone else here chooses to track and what we choose to count is a highly individual decision.
Title: Re: Race from 10 to 100k!!
Post by: Warlord1986 on March 07, 2024, 01:58:44 PM
As of March 5, I have $100,068 invested with Victory Capital. :) I know that's not a lot compared to what other people have saved up, but I'm low income and made some sacrifices to get to this point, and the past few years had some serious challenges. I'm pretty happy to have made it to this point. :)

I also have $36K in the state retirement system. 
Title: Re: Race from 10 to 100k!!
Post by: getsorted on March 08, 2024, 07:54:27 AM
As of March 5, I have $100,068 invested with Victory Capital. :) I know that's not a lot compared to what other people have saved up, but I'm low income and made some sacrifices to get to this point, and the past few years had some serious challenges. I'm pretty happy to have made it to this point. :)

I also have $36K in the state retirement system.

That's amazing! As a fellow low-income-er, consider me incredibly impressed! Congratulations!
Title: Re: Race from 10 to 100k!!
Post by: mgardner88 on March 08, 2024, 09:11:21 AM
As of March 5, I have $100,068 invested with Victory Capital. :) I know that's not a lot compared to what other people have saved up, but I'm low income and made some sacrifices to get to this point, and the past few years had some serious challenges. I'm pretty happy to have made it to this point. :)

I also have $36K in the state retirement system.

Way to go!! 100k was a tough one for me to break through. It felt like it got easier after that. I also have money in my state retirement system (PERS), I find it hard to calculate but I include my portion in my net worth because if I ever left I could in theory cash that amount out. The pension amount is a whole nother beast that i havent figured out how to add into my retirement calculations just yet. See you in the next race!
Title: Re: Race from 10 to 100k!!
Post by: msministache on March 17, 2024, 07:12:48 PM
Hi! Id like to join the race:)

My numbers so far:
Jan - $53021
Feb - $60487
March - $65256

This year I will have few major expenses, but still I would like to reach 100K before 2025!
Title: Re: Race from 10 to 100k!!
Post by: JAYSLOL on March 17, 2024, 09:29:23 PM
Hi! Id like to join the race:)

My numbers so far:
Jan - $53021
Feb - $60487
March - $65256

This year I will have few major expenses, but still I would like to reach 100K before 2025!

Welcome, and good luck with hitting the $100k milestone!
Title: Re: Race from 10 to 100k!!
Post by: msministache on March 18, 2024, 08:04:04 PM
Hi! Id like to join the race:)

My numbers so far:
Jan - $53021
Feb - $60487
March - $65256

This year I will have few major expenses, but still I would like to reach 100K before 2025!

Welcome, and good luck with hitting the $100k milestone!

Thank you! Hope I'll be posting my "I graduated" message soon :)