Author Topic: Race from 10 to 100k!!  (Read 795652 times)

M5

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Re: Race from 10 to 100k!!
« Reply #2750 on: December 18, 2019, 08:42:42 PM »
Congrats @jasert39! Hopefully I'll join you in a month or two.

Hirondelle

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Re: Race from 10 to 100k!!
« Reply #2751 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 :)

Dave15

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Re: Race from 10 to 100k!!
« Reply #2752 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!

BobTheBuilder

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Re: Race from 10 to 100k!!
« Reply #2753 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.




shrimpwd

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Re: Race from 10 to 100k!!
« Reply #2754 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.

FIRE_guy

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Re: Race from 10 to 100k!!
« Reply #2755 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.

KathrinS

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Re: Race from 10 to 100k!!
« Reply #2756 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.

slowstart

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Re: Race from 10 to 100k!!
« Reply #2757 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}
« Last Edit: December 30, 2019, 12:05:23 PM by slowstart »

haypug16

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Re: Race from 10 to 100k!!
« Reply #2758 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.

Imma

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Re: Race from 10 to 100k!!
« Reply #2759 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

« Last Edit: January 01, 2020, 12:25:19 PM by Imma »

LittleWanderer

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Re: Race from 10 to 100k!!
« Reply #2760 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. 

Tass

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Re: Race from 10 to 100k!!
« Reply #2761 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!

Optimiser

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Re: Race from 10 to 100k!!
« Reply #2762 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

Jim Fiction

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Re: Race from 10 to 100k!!
« Reply #2763 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.
« Last Edit: January 01, 2020, 01:17:21 PM by Jim Fiction »

JCGreen

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Re: Race from 10 to 100k!!
« Reply #2764 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

eav

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Re: Race from 10 to 100k!!
« Reply #2765 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

Sugaree

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Re: Race from 10 to 100k!!
« Reply #2766 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. 

kaposzta

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Re: Race from 10 to 100k!!
« Reply #2767 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.

bcbaseballman

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Re: Race from 10 to 100k!!
« Reply #2768 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!

nmitb

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Re: Race from 10 to 100k!!
« Reply #2769 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---

« Last Edit: January 03, 2020, 05:20:05 AM by nmitb »

coldestcat

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Re: Race from 10 to 100k!!
« Reply #2770 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.

adamsputnik

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Re: Race from 10 to 100k!!
« Reply #2771 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.

Evasion

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Re: Race from 10 to 100k!!
« Reply #2772 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.

M5

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Re: Race from 10 to 100k!!
« Reply #2773 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!

Slanhirn

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Re: Race from 10 to 100k!!
« Reply #2774 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)

lexde

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Re: Race from 10 to 100k!!
« Reply #2775 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.

CanadianTeacher

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Re: Race from 10 to 100k!!
« Reply #2776 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.

Evasion

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Re: Race from 10 to 100k!!
« Reply #2777 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.

lexde

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Re: Race from 10 to 100k!!
« Reply #2778 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!

iamthepinky

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Re: Race from 10 to 100k!!
« Reply #2779 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.

slowstart

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Re: Race from 10 to 100k!!
« Reply #2780 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}

BobTheBuilder

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Re: Race from 10 to 100k!!
« Reply #2781 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 :-)

Slanhirn

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Re: Race from 10 to 100k!!
« Reply #2782 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)


Evasion

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Re: Race from 10 to 100k!!
« Reply #2783 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.

haypug16

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Re: Race from 10 to 100k!!
« Reply #2784 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

Hirondelle

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Re: Race from 10 to 100k!!
« Reply #2785 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)

LittleWanderer

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Re: Race from 10 to 100k!!
« Reply #2786 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. 

Serendip

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Re: Race from 10 to 100k!!
« Reply #2787 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

lexde

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Re: Race from 10 to 100k!!
« Reply #2788 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.

KathrinS

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    • A Chat with Kat
Re: Race from 10 to 100k!!
« Reply #2789 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

Optimiser

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Re: Race from 10 to 100k!!
« Reply #2790 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!

Tass

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Re: Race from 10 to 100k!!
« Reply #2791 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.
« Last Edit: February 01, 2020, 09:35:17 AM by Tass »

Ze Stash

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Re: Race from 10 to 100k!!
« Reply #2792 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 )

JCGreen

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Re: Race from 10 to 100k!!
« Reply #2793 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!

CanadianTeacher

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Re: Race from 10 to 100k!!
« Reply #2794 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.
« Last Edit: February 01, 2020, 07:54:06 PM by CanadianTeacher »

eav

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Re: Race from 10 to 100k!!
« Reply #2795 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

Imma

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Re: Race from 10 to 100k!!
« Reply #2796 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

Dave15

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Re: Race from 10 to 100k!!
« Reply #2797 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.

shrimpwd

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Re: Race from 10 to 100k!!
« Reply #2798 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.

nmitb

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Re: Race from 10 to 100k!!
« Reply #2799 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.