Race from 10 to 100k!!

[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
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..?

[recklesslysober]

I love watching everyone go up! Lots of hustle in this thread.

[Slow&Steady]

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

[Trifle]

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. 

[starjay]

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.

[Cezil]

Dec-16: $32,870.70
Mar-17: $42,371.10

I can't wait to get over 50K!

[SingleMomDebt]

Just hit $41 over 50K NW yesterday (with a little force). :)

[Pooperman]

Just hit $41 over 50K NW yesterday (with a little force). :)

Hooray for 50k!

[SingleMomDebt]

Just hit $41 over 50K NW yesterday (with a little force). :)

Hooray for 50k!

Thx! :)

[briesas]

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 

[Trifle]

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!

[Wanttobehome]

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

[mustache you a question]

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

[starjay]

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!

[MVal]

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.

[ingrownstudentloans]

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!

[Trifle]

Nice progress, Ingrown! Love your username.   

[ingrownstudentloans]

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).

[Gardo]

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

[Trifle]

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.   

[Trifle]

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!

[MVal]

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.

[PhoenixHeat]

On the way to 100K
HSA, 401k, company stock, backup cash, 529s, everything, as of today..

$39K

[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
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)

[dreadmoose]

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).

[Trifle]

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

[Pooperman]

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.

[dreadmoose]

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

[jeeebus]

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

[Trifle]

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!

[felixbf]

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

[Pooperman]

Date	Networth
9/1/2014	$14,865.26
10/1/2014	$17,982.66
11/1/2014	$17,949.24
12/1/2014	$19,967.23
1/1/2015	$25,504.84
2/1/2015	$28,305.81
3/1/2015	$30,322.90
4/1/2015	$33,248.29
5/1/2015	$34,786.85
6/1/2015	$36,579.20
7/1/2015	$33,108.30
8/1/2015	$35,569.17
9/1/2015	$37,759.70
10/1/2015	$41,566.54
11/1/2015	$53,256.44
12/1/2015	$55,006.39
1/1/2016	$57,428.23
2/1/2016	$49,870.20
3/1/2016	$51,558.33
4/1/2016	$57,205.08
5/1/2016	$61,094.49
6/1/2016	$62,583.92
7/1/2016	$63,773.08
8/1/2016	$61,092.88
9/1/2016	$57,409.45
10/1/2016	$61,749.82
11/1/2016	$61,600.48
12/1/2016	$64,511.60
1/1/2017	$70,030.75
2/1/2017	$72,661.12
3/1/2017	$78,557.23
4/1/2017	$95,995.00
5/1/2017	$98,922.26

[lamil]

Date	Networth
5/1/2017	$98,922.26

close!

edit- any plans to make sure you hit that 100 this month? As I get closer, I'm trying to figure out even more ways to speed it up.

[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
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

[Pooperman]

Date	Networth
5/1/2017	$98,922.26

close!

edit- any plans to make sure you hit that 100 this month? As I get closer, I'm trying to figure out even more ways to speed it up.

We'll hit 100k next month unless the market completely craps out or some emergency happens. It's not a rush, though. 3 years ain't too shabby. You'll do it in about half that time.

[dogboyslim]

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!

[starjay]

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. :)

[cashmoney]

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.

[mustache you a question]

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

[Trifle]

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!!!

[BeautifulDay]

 
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

[Mezzie]

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.

[Milkm4n]

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.

[Trifle]

Welcome Deek16!  You've landed on a great thread.  Lots of hustle and support.

And go Pooperman!  You are almost there!

[LurkerStache]

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

[ingrownstudentloans]

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

[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
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!

[Pooperman]

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!

[katthjul]

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.

[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
$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.