Race from 10 to 100k!!

[peppermint]

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.

[Imustacheyouaquestion]

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.

[MVal]

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.

[SpareChange]

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 :).

[monstermonster]

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.

[Pooperman]

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.

[SGontour]

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

[katthjul]

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.

[FausseBourgeoise]

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. :)

[Woodro85]

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.

[nathan01xl]

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!

[Rodgers12]

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

[lamil]

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

[CmFtns]

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

[Dancing Fool]

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!

[celticmyst08]

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!

[Good_Juju]

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 

[dogboyslim]

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

[adamb]

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).

[AcftW]

$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.

[andy85]

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

[Nederstash]

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.

[kickel]

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.

[MVal]

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?

[Pooperman]

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.

[kickel]

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!

[LivlongnProsper]

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.

[Woodro85]

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.

[steveo]

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.

[Nederstash]

Massive congratulations to all the graduates! Well done and hope to see you in the next thread soon!

[intirb]

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?

[burrowsrw]

Jan 16 53k
Feb 16 56k
Mar 16 60k
Apr 16 64k
May 16 68k
Jun 16 67k
Jul 16  69k

[song gnos]

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.

[Imustacheyouaquestion]

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!!

[cliffhanger]

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

[monstermonster]

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.

[SGontour]

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....

[Rodgers12]

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

[nathan01xl]

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!

[katthjul]

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!

[andy85]

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

[dogboyslim]

3/8: $20,818
3/29: $23,784
4/21: $26,650
5/20: $28,769
8/1: $34,808
9/1: $37,342

[lamil]

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

[AcftW]

$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.

[Good_Juju]

Aug 2016: $2,136
Sept 2016: $5,733

[Nederstash]

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!

[Nederstash]

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 :)

[onehair]

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??

[Wiggle]

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.

[SpareChange]

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!