Author Topic: Race from 10 to 100k!!  (Read 825751 times)

shrimpwd

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Re: Race from 10 to 100k!!
« Reply #2900 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...

Sugaree

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Re: Race from 10 to 100k!!
« Reply #2901 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.



Slanhirn

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Re: Race from 10 to 100k!!
« Reply #2902 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.

YarnBudget

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Re: Race from 10 to 100k!!
« Reply #2903 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

bcbaseballman

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Re: Race from 10 to 100k!!
« Reply #2904 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.


JAYSLOL

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Re: Race from 10 to 100k!!
« Reply #2905 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. 

Jim Fiction

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Re: Race from 10 to 100k!!
« Reply #2906 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!

Rosy

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Re: Race from 10 to 100k!!
« Reply #2907 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.

Evasion

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Re: Race from 10 to 100k!!
« Reply #2908 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.

JCGreen

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Re: Race from 10 to 100k!!
« Reply #2909 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.

KathrinS

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Re: Race from 10 to 100k!!
« Reply #2910 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!

Icecreamarsenal

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Re: Race from 10 to 100k!!
« Reply #2911 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

TyGuy

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Re: Race from 10 to 100k!!
« Reply #2912 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

LittleWanderer

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Re: Race from 10 to 100k!!
« Reply #2913 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! 

nmitb

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Re: Race from 10 to 100k!!
« Reply #2914 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---

DieHard_772

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Re: Race from 10 to 100k!!
« Reply #2915 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 !

DieHard_772

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Re: Race from 10 to 100k!!
« Reply #2916 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!

eav

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Re: Race from 10 to 100k!!
« Reply #2917 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


Dave15

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Re: Race from 10 to 100k!!
« Reply #2918 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.

DieHard_772

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Re: Race from 10 to 100k!!
« Reply #2919 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. 

lexde

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Re: Race from 10 to 100k!!
« Reply #2920 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.

DieHard_772

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Re: Race from 10 to 100k!!
« Reply #2921 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 :)

TyGuy

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Re: Race from 10 to 100k!!
« Reply #2922 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

Evasion

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Re: Race from 10 to 100k!!
« Reply #2923 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.

An Unassuming Moose

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Re: Race from 10 to 100k!!
« Reply #2924 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...

betsbillabong

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Re: Race from 10 to 100k!!
« Reply #2925 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!


Rosy

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Re: Race from 10 to 100k!!
« Reply #2926 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.

DieHard_772

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Re: Race from 10 to 100k!!
« Reply #2927 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

okcisok

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Re: Race from 10 to 100k!!
« Reply #2928 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.

Serendip

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Re: Race from 10 to 100k!!
« Reply #2929 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.

lexde

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Re: Race from 10 to 100k!!
« Reply #2930 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.

DieHard_772

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Re: Race from 10 to 100k!!
« Reply #2931 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

DieHard_772

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Re: Race from 10 to 100k!!
« Reply #2932 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

DieHard_772

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Re: Race from 10 to 100k!!
« Reply #2933 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 :)

DieHard_772

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Re: Race from 10 to 100k!!
« Reply #2934 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!

BobTheBuilder

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Re: Race from 10 to 100k!!
« Reply #2935 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.

Imma

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Re: Race from 10 to 100k!!
« Reply #2936 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.

Rosy

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Re: Race from 10 to 100k!!
« Reply #2937 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.

DieHard_772

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Re: Race from 10 to 100k!!
« Reply #2938 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 ;)

Sanitary Engineer

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Re: Race from 10 to 100k!!
« Reply #2939 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

Optimiser

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Re: Race from 10 to 100k!!
« Reply #2940 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.

Imma

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Re: Race from 10 to 100k!!
« Reply #2941 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.

DieHard_772

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Re: Race from 10 to 100k!!
« Reply #2942 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

JCGreen

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Re: Race from 10 to 100k!!
« Reply #2943 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!

nmitb

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Re: Race from 10 to 100k!!
« Reply #2944 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

Ze Stash

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Re: Race from 10 to 100k!!
« Reply #2945 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).

Evasion

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Re: Race from 10 to 100k!!
« Reply #2946 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.

Tass

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Re: Race from 10 to 100k!!
« Reply #2947 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.
« Last Edit: May 31, 2020, 09:51:20 PM by Tass »

Gingersnaps

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Re: Race from 10 to 100k!!
« Reply #2948 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 :)

bcbaseballman

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Re: Race from 10 to 100k!!
« Reply #2949 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!
« Last Edit: June 01, 2020, 07:34:47 AM by bcbaseballman »