Author Topic: Race from 10 to 100k!!  (Read 905970 times)

Serendip

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Re: Race from 10 to 100k!!
« Reply #3350 on: January 02, 2021, 06:34:35 PM »
Dec '17    18,146
Jan '18     23,607

Dec '18    48,380
Dec '19    60,746

Jan '20     63,186
May '20    62,300
June '20   63,000
July '20    58,562
Oct '20     60,900

Dec '20    62,900 

 **a disappointing year on this thread--my savings was hit by a kitchen renovation (a faucet leak ruined our counter and it snowballed from there). I was out of work for 3.5 months due to Covid, did too much stress-shopping & I also lent my sister $5K towards a house down-payment but I feel okay moving into 2021 with clear goals of less spending/more saving.
 :)

NotSoMustachian

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Re: Race from 10 to 100k!!
« Reply #3351 on: January 02, 2021, 11:45:07 PM »
Guess I should check in here since I've graduated from the 10k thread.

Dec-19        $0
Aug-20     $10,559.72
Sep-20     $9,266.04
Oct-20     $10,991.01
Nov-20     $22,255.72
Dec-20     $24,461.98

I have no idea what to expect for the coming year.  Hoping to get a raise at work to help with saving.

Imma

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Re: Race from 10 to 100k!!
« Reply #3352 on: January 03, 2021, 05:18:40 AM »
Dec '17    18,146
Jan '18     23,607

Dec '18    48,380
Dec '19    60,746

Jan '20     63,186
May '20    62,300
June '20   63,000
July '20    58,562
Oct '20     60,900

Dec '20    62,900 

 **a disappointing year on this thread--my savings was hit by a kitchen renovation (a faucet leak ruined our counter and it snowballed from there). I was out of work for 3.5 months due to Covid, did too much stress-shopping & I also lent my sister $5K towards a house down-payment but I feel okay moving into 2021 with clear goals of less spending/more saving.
 :)

Very disappointing indeed! ;) You were unemployed, paid for unexpected maintenance on your home, helped out a family member and you still ended up with more money than you started the year with! 

Slanhirn

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Re: Race from 10 to 100k!!
« Reply #3353 on: January 03, 2021, 09:39:05 AM »
Tracking net worth, goal is 100K rather than $100K :). Very hopeful I might be able to hit this before the end of 2021! I'm grateful my net worth has remained largely on track despite the rocky market conditions in the first half of this year. The growth mostly happened in the second half of the year when the market recovered as for a lot of 2020 I had a significant pay cut (which I'm not sure when I'll be paid back for just yet sadly). Also my student loan will be gone by the middle of the year which will free up cash for extra savings, so all in all 2021 is looking positive.

EOY 12.2016 - (-10,250)
EOY 12.2017 - 4,360
EOY 12.2018 - 40,620
EOY 12.2019 - 62,523
EOY 12.2020 - 82,420
01.2021 - 84,647 (+2,227)

Assets = 86,220
Student loans = (1,573)

Serendip

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Re: Race from 10 to 100k!!
« Reply #3354 on: January 03, 2021, 05:30:51 PM »
Very disappointing indeed! ;) You were unemployed, paid for unexpected maintenance on your home, helped out a family member and you still ended up with more money than you started the year with!

ha...thanks for calling me out on that @Imma --sometimes it's easy to get down on our progress but a better option is to keep moving forward and be grateful!

kaposzta

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Re: Race from 10 to 100k!!
« Reply #3355 on: January 04, 2021, 07:05:33 AM »
July 12, 2019: $66,565
Aug 1, 2019: $68,207 (+2.47%, +$1,642)
Aug 29, 2019: $69,931 (+2.53%, +$1,724)
Sept 29, 2019: $71,138 (+1.73%, +$1,207)
Oct 31, 2019: $71,517 (+0.53%, +$379)
Nov 29, 2019: $73,138 (+2.27%, +$1,621)
Jan 01, 2020: $74,276 (+1.56%, +$1,138)
Feb 06, 2020: $73,621 (-0.88%, -$655)
March 05, 2020: $74,517 (+1.22%, +$896)
No data for April, I lost my interest seeing the losses :)
May 05, 2020: $68,620 (-8.59%, -$5,897)
June 04, 2020: $70,345 (+2.51%, +$1,725)
July 02, 2020: $72,483 (+3.04%, +$2,138)
August 05, 2020: $74,655 (+3.00%, +$2,172)
Sept 03, 2020: $75,241 (+0.78%, +$586)
Oct 01, 2020: $77,551 (+3.07%, +$2,310)
Nov 05, 2020: $79,310 (+2.27%, +$1,759)
Dec 04, 2020: $81,241 (+2.43%, +$1,931)
Jan 04, 2020: $83,207 (+2.38%, +$1,931 <- same as in Nov :) )

My SR was again quite bad, 51% (last year 59%), so the total yearly SR was a disappointing 60% (a 2,26% drop from last year).
Investments were okay, I received some missing payments from domaining, so apart from the excessive spending, it was a nice improvement.

Goals for 2021:
- 63%+ SR
- $100k by the end of 2021
- A bit more aggressive portfolio building (risky bond/stock ETFs: 55% -> 60%, stocks 0% -> 5%)
- 10x efforts on domain business (net profit: $3.5k -> $7k)


bcbaseballman

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Re: Race from 10 to 100k!!
« Reply #3356 on: January 04, 2021, 07:25:12 AM »

2018
1/31 : (5949.05)
2/28 : (5288.30)
3/31 : (4273.93)
4/30 : (2592.07)
5/31 : (629.70)
6/30 : 1,206.77
7/31 : 2,703.97
8/31: 5,651.70
9/31: 8,039.01
10/31: 7,803.49
11/30: 9,531.28
12/31: 9,296.79

2019
1/31/19: 13,493.35
2/28/2019: 15,766.50
3/31/2019: 19,286
4/30/2019: 19,283
5/31/2019: 18,676
6/30/2019 :22,362
7/31/2019: 24,646
8/30/2019: $27,199
9/31/2019: $30,664
10/31/2019: $33,343
11/30/2019: $35,249
12/31/2019: $39,079

2020
1/31/2020: $44,514
2/29/2020: $48,891
3/31/2020: $46,104
4/30/2020: $52,720
5/31/2020: $55,177
6/30/2020: $59,720
7/31/2020: $65,792
8/31/2020: $71,970
9/30/2020: $72,466
10/31/2020: $72,288
11/30/2020: $80,093


12/31/2020: $84,002

Was a great year for me. I doubled my net worth from 1 year ago. I goal is to graduate from this thread in May.

https://docs.google.com/spreadsheets/d/1aBcGP8d7UD2oJif5IMSY9xmi8sIcRWKYRUswL1FE-ZM/edit?usp=sharing


Sanitary Engineer

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Re: Race from 10 to 100k!!
« Reply #3357 on: January 05, 2021, 08:25:26 AM »
May 31, 2020          - $ 72,426.81
June 19, 2020         - $ 82,681.14 (+$10,254.33)
August 6, 2020        - $ 89,237.00 (+$ 6,555.86)
September 2, 2020  - $ 93,346.17 (+$ 4,109.17)
October 6, 2020      -  $103,450.xx(+$10,103.xx)
January 5, 2021      -  $114,837.xx (+$11,387.xx)

Savings and investment growth over the past 219 days was $42,411.  I'll take it and see what happens next year in the race to 250K.
Thanks to everyone keeping the thread active and keeping the challenge in the fore front of my thinking.  When it was time to decide what to do with extra money I kept saying, "I am in the race to 100K."
 

hal

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Re: Race from 10 to 100k!!
« Reply #3358 on: January 05, 2021, 06:43:08 PM »
May 31, 2020          - $ 72,426.81
June 19, 2020         - $ 82,681.14 (+$10,254.33)
August 6, 2020        - $ 89,237.00 (+$ 6,555.86)
September 2, 2020  - $ 93,346.17 (+$ 4,109.17)
October 6, 2020      -  $103,450.xx(+$10,103.xx)
January 5, 2021      -  $114,837.xx (+$11,387.xx)

Savings and investment growth over the past 219 days was $42,411.  I'll take it and see what happens next year in the race to 250K.
Thanks to everyone keeping the thread active and keeping the challenge in the fore front of my thinking.  When it was time to decide what to do with extra money I kept saying, "I am in the race to 100K."

Congrats! Some awesome gains there. Excited for you.

sb510

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Re: Race from 10 to 100k!!
« Reply #3359 on: January 05, 2021, 10:58:13 PM »
(Start of)
Oct 2020 $4,757
Nov 2020 $7,823
Dec 2020 $10,385 (Started MMM 100k challenge)
Jan 2021 $14,012

Happy new year! So great to see everyone's progress.

mckaylabaloney

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Re: Race from 10 to 100k!!
« Reply #3360 on: January 06, 2021, 07:50:14 AM »
Congrats @Sanitary Engineer! You're killing it.

mountain mustache

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Re: Race from 10 to 100k!!
« Reply #3361 on: January 08, 2021, 06:04:41 AM »
10/02/2020- $14835.83
11/13/2020- $16110.56
12/11/2020- $16675.72
01/08/2021- $19310.15

soily

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Re: Race from 10 to 100k!!
« Reply #3362 on: January 08, 2021, 08:14:57 AM »
                    401K          IRA          Total
Jan 2018:   $1,050        $1,230      $2,280
Jan 2019:   $6,800        $3,500      $10,300
Jan 2020:   $12,100      $6,600      $18,700
Feb 2020:   $12,500      $6,500      $18,000
Mar 2020:   $12,700      $6,100      $18,800
Apr 2020:   $12,100      $5,100      $17,200
Aug 2020:  $21,200       $6,800     $28,000
Nov 2020:  $29,000       $7,500     $36,500

Hopefully I'll start contributing to my IRA in January. My discretionary spending has been a little out of hand.
Welp I sold my house and inherited some money so I'll have a large amount of cash until I decide to buy another home. Also I finally have my finances under control to where I can max out my roth.

                    401K          IRA      Cash/Equity     Total
Jan 2018:    1,050         1,230           --               2,280
Jan 2019:    6,800         3,500           --               10,300
Jan 2020:    12,100       6,600           --               18,700
Feb 2020:    12,500       6,500           --               18,000
Mar 2020:    12,700       6,100           --               18,800
Apr 2020:    12,100       5,100           --               17,200
Aug 2020:   21,200        6,800          --               28,000
Nov 2020:   29,000        7,500          --               36,500
Jan 2021:    31,300        7,800      37,400           76,500

mgardner88

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Re: Race from 10 to 100k!!
« Reply #3363 on: January 08, 2021, 09:36:53 AM »
7/1/2020: $46,295
8/1/2020: $49,461 (+3,166)
9/1/2020: $51,488 (+2,027)
10/1/2020: $52,753 (+1,265)
11/1/2020: $53,942 (+1,189)
12/1/2020: $56,152 (+2,210)
1/8/2021: $63512 (+7,360)

Extra money this month because of the stimulus (3k into a savings acct for roof replacement) but even without it we started contributing much more to our retirement accounts (adios credit cards) I dont know on our income level if we will ever be able to max them out but this is a good start. Hope to keep the same savings rate over the entire year, pay for our roof in cash, and tuck a little away for emergencies. Would love to reach 100k by 10/1/2021 although im not sure what to expect from this year market wise. I took a paycut and benefit cut in 2020, which i wont see any increase in pay until 2022. Just going to keep pushing forward. Happy New Year everyone!

Rosy

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Re: Race from 10 to 100k!!
« Reply #3364 on: January 08, 2021, 09:53:10 AM »
GOAL - $100K by Dec 2021

$  4,588 June 2017
$ 10,117 Dec 2017

$ 10,715 Jan 2018
$ 31,034 Dec 2018
       
$ 31,094 Jan 2019
$ 50,000 Dec 2019

$ 53,000 Jan 2020
$ 85,000 Dec 2020

REVISED - UPDATE: $ 86,863 Jan 2021

dizzy

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Re: Race from 10 to 100k!!
« Reply #3365 on: January 08, 2021, 11:29:50 AM »
Oct 2019- $1000
Nov 2019- $2340
Dec 2019- $2779
Jan 2020- $5658
Feb 2020- $5539
Mar 2020- $5024
Apr 2020- $5444
May 2020- $8302  (wherein I finally got some of unemployment)
June 2020- $20864 (wherein I got more unemployment plus the EIDL)
mid July 2020- $31724 (got the rest of the backpay, woohoo!)
7/31/20- $33340
9/2/20- $36366
9/17/20 - $42978
10/2/20- $43800
10/31/20- $47854
11/11/20- $53709
12/23/20- $64158
1/8/21- $69542

Hit almost $70k despite spending almost $1k in the last month on backpacking gear, whoops!  Getting my partner set up and needed to upgrade to 2 person tent.
I will be selling a few things tho to make up for this.

My stocks have been doing great, particularly positions in GBTC, MSTR.  Don't want to rely on this tho (and yo- I am VERY diversified, don't worry) so trying to double down on saving $$ on groceries (see my groceries journal on this site) and bank bonuses again, had taken some time off.

DieHard_772

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Re: Race from 10 to 100k!!
« Reply #3366 on: January 11, 2021, 11:26:54 AM »
GOAL - $100K by Dec 2021

$  4,588 June 2017
$ 10,117 Dec 2017

$ 10,715 Jan 2018
$ 31,034 Dec 2018
       
$ 31,094 Jan 2019
$ 50,000 Dec 2019

$ 53,000 Jan 2020
$ 85,000 Dec 2020

REVISED - UPDATE: $ 86,863 Jan 2021

Way to go @Rosy

IrishFI

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Re: Race from 10 to 100k!!
« Reply #3367 on: January 12, 2021, 10:56:07 AM »
Hi Everyone, recently passed 10k so wanted to check in here.

Emergency fund - 3k
Pension - 3469
ETF - 5290 (tax on gains not deducted)
Poker Roll - 140

Goal for 2021 is to reach 20k. GL everyone.

Manchester

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Re: Race from 10 to 100k!!
« Reply #3368 on: January 13, 2021, 05:04:37 AM »
Hi Everyone, recently passed 10k so wanted to check in here.

Emergency fund - 3k
Pension - 3469
ETF - 5290 (tax on gains not deducted)
Poker Roll - 140

Goal for 2021 is to reach 20k. GL everyone.

Welcome to the thread!

Moonwaves

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Re: Race from 10 to 100k!!
« Reply #3369 on: January 13, 2021, 05:31:11 AM »
Hi everyone. I'm not quite out of the 10k thread yet but just realised that all going well, I should be by next year. Posting here already as a bit of extra motivation.



P.S. 10k is the goal for my fledgling ETF account plus an ordinary savings account (emergency fund). Once I join here I shall make myself feel better by also adding in the amounts in various pensions. Last time I checked I think I had just passed the 30k mark. Must go on the hunt for passwords and login information again.

Dutch Comfort

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Re: Race from 10 to 100k!!
« Reply #3370 on: January 13, 2021, 06:42:53 AM »
Tracking investments, emergency fund and additional pension investments (all to be used to retire together with SO!)
(not tracking company pension investments, house value and current accounts)

15 May 2020: EUR 17,034 (started tracking)
15 December 2020: EUR 23,325

13 January 2021: EUR 24,006
(2021 goal: EUR 35K)

With a market like this, the amounts just go up!
No salary increase this year due to COVID19, which is understandable in the business the company is in. Hope to still be able to get to my goal at the end of the year, just trying to put as much funds in my accounts as possible. With an extended lockdown here in Dutchieland a no-spending month will be easy!

Great to see the progress of all others. I do not see anybody whose amounts went down, so keep up the good work.
 

« Last Edit: January 25, 2021, 05:25:58 AM by Dutch Comfort »

Stubblestache

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Re: Race from 10 to 100k!!
« Reply #3371 on: January 14, 2021, 10:23:26 AM »
Just come to have a little vent. I'm very much in the looong middle ground of this race at 65k invested and I'm starting to get really itchy feet.

I dont even want to spend the money, I'm just grumpy about how long it is taking. It feels like the push forward to the next major milestone of 75k is a long way away.

Ok, rant over. Thanks everyone.

DieHard_772

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Re: Race from 10 to 100k!!
« Reply #3372 on: January 14, 2021, 11:27:22 AM »
Just come to have a little vent. I'm very much in the looong middle ground of this race at 65k invested and I'm starting to get really itchy feet.

I dont even want to spend the money, I'm just grumpy about how long it is taking. It feels like the push forward to the next major milestone of 75k is a long way away.

Ok, rant over. Thanks everyone.

Been there @Stubblestache . I  get it.  You'll be surprised! Before you know it, that number will be in your rearview... Keep the faith, buddy

Stubblestache

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Re: Race from 10 to 100k!!
« Reply #3373 on: January 14, 2021, 03:13:23 PM »
Just come to have a little vent. I'm very much in the looong middle ground of this race at 65k invested and I'm starting to get really itchy feet.

I dont even want to spend the money, I'm just grumpy about how long it is taking. It feels like the push forward to the next major milestone of 75k is a long way away.

Ok, rant over. Thanks everyone.

Been there @Stubblestache . I  get it.  You'll be surprised! Before you know it, that number will be in your rearview... Keep the faith, buddy

Thanks mate. Yeah you're right, I had similar feelings at around the 30-40k mark. Guess there's a reason that not many people do this!

Tinker

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Re: Race from 10 to 100k!!
« Reply #3374 on: January 14, 2021, 03:19:06 PM »
aw don't get down on it.
I understand, though. I've had a really good year, and even if i have another one of those, it's still not 100k. More likely to proceed slower. Or maybe not, but have a horrible, scary correction somewhere in the middle. "Really, how long can this take?"

It's a journey kind of thing. Take your time and explore all your options to be content with yourself, maybe even to enrich other lives on the way, all without throwing your money away.

Trifele

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Re: Race from 10 to 100k!!
« Reply #3375 on: January 15, 2021, 01:51:16 AM »
Just come to have a little vent. I'm very much in the looong middle ground of this race at 65k invested and I'm starting to get really itchy feet.

I dont even want to spend the money, I'm just grumpy about how long it is taking. It feels like the push forward to the next major milestone of 75k is a long way away.

Ok, rant over. Thanks everyone.

I've been there @Stubblestache.  It took me about 12 years to reach 100k.  If your savings is pretty automated, maybe take some time away from watching the stache grow and focus on other things for a while.  There were a couple times in my journey where I had to do that because it seemed so agonizingly slow.   It's kind of like a bucket filling up drip by drip -- I figured if it's filling it doesn't need me there watching it three times a day haha.  You'll get there!

Stubblestache

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Re: Race from 10 to 100k!!
« Reply #3376 on: January 15, 2021, 03:25:58 AM »
Thanks for the encouragement. I'm just being a moaner and impatient :D

I wish I could step away but I get paid variable amounts each month so have to be a bit more hands on with it all. That's a good suggestion though @Trifele , I'll have a think of how I could spend less time glaring at the 'stash and willing it to get bigger.


Trifele

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Re: Race from 10 to 100k!!
« Reply #3377 on: January 16, 2021, 03:06:02 AM »
I wish I could step away but I get paid variable amounts each month so have to be a bit more hands on with it all. That's a good suggestion though @Trifele , I'll have a think of how I could spend less time glaring at the 'stash and willing it to get bigger.

Yeah in that case (having to be hands on) it's trickier to find that balance.  But a lot of good Life happens during our road to FIRE . . . we just gotta figure out how to enjoy it while simultaneously accumulating

TerrierTown

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Re: Race from 10 to 100k!!
« Reply #3378 on: January 17, 2021, 06:09:53 AM »
01 Jun 2019 NW 44,112
01 Jul 2019 NW 46,737  (+2,625)
02 Apr 2020 NW 61,865 (+15,128)
15 Aug 2020 NW 73,912 (+12,047)
15 Dec 2020 NW 80,781 (+6,869)
17 Jan 2021 NW 83,923 (+3,142)

Getting there! Paid off 25,000 from my mortgage last year on a 38,000 salary so pretty high savings rate! Just got to keep going! Wish I'd have recorded my NW in January last year! Will try to do this monthly now.

Manchester

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Re: Race from 10 to 100k!!
« Reply #3379 on: January 22, 2021, 06:17:06 AM »
Hi guys,

My N/W grew by 2,069.06 to a new total of 42,771.24

Markets did most of the heavy lifting.  My investments were at -24% (compared to what I'd invested) 10 months ago, compared to over +30% today.  That's crazy, right?  :')

Still getting paid less with this current lockdown.  Still saving for my wedding.  Once things get back to normal and I'm married I really think my progress should skyrocket.

Hope you're all keeping well and staying safe.... 

mountain mustache

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Re: Race from 10 to 100k!!
« Reply #3380 on: January 22, 2021, 07:39:37 AM »
Making steady progress, especially now that I have a 2nd part time job. I also did an uber frugal January, and it's amazing to see the progress that can be made just by cutting most spending outside of rent/food.

10/02/2020- $14835.83
11/13/2020- $16110.56
12/11/2020- $16675.72
01/08/2021- $19310.15
01/22/2021- $20533.24

Serendip

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Re: Race from 10 to 100k!!
« Reply #3381 on: January 25, 2021, 11:02:31 AM »
Dec '17    18,146
Jan '18     23,607
Dec '18    48,380
Dec '19    60,746
Jan '20     63,186
May '20    62,300
June '20   63,000
July '20    58,562
Oct '20     60,900

Dec '20    62,900
Jan '21    65,400

 **highest NW yet! (last year I got to 63,000 before plunging down and up..and down and up) :)
« Last Edit: January 25, 2021, 11:04:53 AM by Serendip »

Serendip

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Re: Race from 10 to 100k!!
« Reply #3382 on: January 25, 2021, 11:04:32 AM »
Making steady progress, especially now that I have a 2nd part time job. I also did an uber frugal January, and it's amazing to see the progress that can be made just by cutting most spending outside of rent/food.


Great work @Mountain moustache --I agree that an uber frugal month really highlights how money can slip away when we are spending unnecessarily :)

catlady

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Re: Race from 10 to 100k!!
« Reply #3383 on: January 25, 2021, 07:53:22 PM »
 
2020
2021
25 Jan
   
$48 938 (+$26 476)
25 Sept
 
$11 699.98
 
25 Oct
 
$15 171.88 (+$3,471.9)
 
25 Nov
 
$17,631.78 (+$2,459.90)
 
25 Dec
 
$22,462.17 (+$4,830.39)
 

Spoiler: show
 Somebody got a bonus :P


Rosy

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Re: Race from 10 to 100k!!
« Reply #3384 on: January 27, 2021, 02:29:47 PM »
GOAL - $100K by Dec 2021

$  4,588 June 2017
$ 10,117 Dec 2017

$ 10,715 Jan 2018
$ 31,034 Dec 2018
       
$ 31,094 Jan 2019
$ 50,000 Dec 2019

$ 53,000 Jan 2020
$ 85,000 Dec 2020

$ 86,863 Jan 2021

PROJECTED - $ 92,700 Feb 2021

 

Rosy

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Re: Race from 10 to 100k!!
« Reply #3385 on: January 27, 2021, 03:32:19 PM »
@Serendip - give yourself credit, you are saving in spite of everything from kitchen renovations to helping out family, that's just life trying to interfere with your goals:).
You are almost 70% percent there.

@DieHard_772 it is thanks to you that I persevered past $50K you know that, don't you?:). This second $50K is so much easier mainly because I've reached all my other goals, but even I am surprised that it looks like I might hit that second $50K within 1.5yrs compared to 2.5yrs for the first round.
$100K seemed so far out of my reach that I almost didn't even try.
Perseverance is key.
« Last Edit: January 27, 2021, 04:10:43 PM by Rosy »

Slanhirn

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Re: Race from 10 to 100k!!
« Reply #3386 on: January 28, 2021, 06:26:59 AM »
Tracking full net worth.

EOY 12.2016 - (-10,250)
EOY 12.2017 - 4,360
EOY 12.2018 - 40,620
EOY 12.2019 - 62,523
EOY 12.2020 - 82,420
01.2021 - 84,647 (+2,227)
02.2021 - 86,456 (+1,809)

Assets = 87,805
Student loans = (1,349)

Triple7Stash

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Re: Race from 10 to 100k!!
« Reply #3387 on: January 28, 2021, 01:01:30 PM »


12/28/2020 - $62,783
1/28/2021 - $67,335.21

Stubblestache

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Re: Race from 10 to 100k!!
« Reply #3388 on: January 29, 2021, 02:04:55 AM »

July 2018: 20,385
October 2018: 24,504
January 2019: 25, 295
April 2019: 33,844
July 2019: 38,667
October 2019: 38,588
January 2020: 43,260
April  2020:  38,094
July 2020: 49,062.35
August 2020: 50,172 just over halfway! :)
Sept 2020: 55,556
Oct 2020 : 56,42
Nov 2020: 57.565 absolute hammering in the markets this month!!!
Dec 2020 : 62,368
Jan 2021 64,542
Feb 2021 66,616 Markets fell out a bit this week and I had a dabble in the Gamestop mania (came out unscathed but slightly up to entry).
« Last Edit: January 29, 2021, 08:03:49 AM by Stubblestache »

regenaeb

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Re: Race from 10 to 100k!!
« Reply #3389 on: January 29, 2021, 09:27:23 AM »
11/30/20 - SEP Balance $ 15524.45 + Roth $ 1770.76 - Student loan balance $ 6897.45 = $ 10,397.76
12/30/20 - SEP Balance $ 16106.09 + Roth $ 1813.94 - Student loan balance $ 6306.71 = $ 11,613.32

01/29/21 - SEP + Roth $ 20,139.02 - Student loan balance $ 5,316.32 = $ 14,822.70

Five more months to go and the student loan should be gone!!! Then we will see how much I can really get my net worth increased for the rest of the year. Plan to put the $1000 student loan payment in my Roth for the second half of the year to max it out.

Imma

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Re: Race from 10 to 100k!!
« Reply #3390 on: January 29, 2021, 02:01:16 PM »
April 2019: 10094.35
May 2019: 11629.87
June 2019: 12728.63
July 2019: 13021,33
August 2019: 10363,95
September 2019: 10338.28
October: 11128.59
November: 11227,46
December: 11991,27
January: 12576,72
February: 11904,39
March: 10425,32
April: 11830,70
May: 12154,67
June: 14634,19
July: 15345,09
August: 16444,46
September: 17108,60
October: 16687,93
November: 17762,62
December: 19386,94
January: 20649.69

Goals for 2021:
Savings: 10.000
Investments: 25.000

Crossed the 20k mark! I used to have a small business on the side and I had one outstanding invoice, I decided to forgive that one. The business is struggling and it's a 3-figure amount that I won't even notice.

@Rosy you're doing fantastic!

shrimpwd

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Re: Race from 10 to 100k!!
« Reply #3391 on: January 30, 2021, 06:52:16 AM »
                       2018                2019                2020                2021                2022               
January$6,455-$14,460$34,473-
February--$14,991$36,257-
March--$14,632--
April-$10,960$13,884--
May--$17,011--
June--$19,255--
July--$20,358--
August--$21,993--
September--$23,312--
October--$24,777--
November-$13,466$26,407--
December$9,518-$30,697--

GatorNation

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Re: Race from 10 to 100k!!
« Reply #3392 on: January 30, 2021, 07:55:32 AM »
Jan 1, 2020- ($106,695.56)
Dec 1, 2020- $16,441.11   
Jan 1, 2021-  $26,005.07   
Feb 1, 2021-  $38,479.28
« Last Edit: January 30, 2021, 07:59:09 AM by GatorNation »

Serendip

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Re: Race from 10 to 100k!!
« Reply #3393 on: January 30, 2021, 09:09:01 AM »
@Serendip - give yourself credit, you are saving in spite of everything from kitchen renovations to helping out family, that's just life trying to interfere with your goals:).
You are almost 70% percent there.


Thanks for the encouragement @Rosy --it's easy to look upwards rather than behind and be grateful for how far I've come... I'm re-reading a new book by William Irvine about stoicism which encourages looking at 'setbacks' as creative challenges and to welcome them as a good way to strengthen ones' grit and character :)
almost 70% there!

Rosy

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Re: Race from 10 to 100k!!
« Reply #3394 on: January 30, 2021, 02:18:26 PM »
SNIP
December: 19386,94
January: 20649.69

Goals for 2021:
Savings: 10.000
Investments: 25.000


Crossed the 20k mark! I used to have a small business on the side and I had one outstanding invoice, I decided to forgive that one. The business is struggling and it's a 3-figure amount that I won't even notice.

@Rosy you're doing fantastic!

@Imma - actually I benefitted from unexpected circumstances due to covid which helped me get ahead.

I do plan on spending a bit once I hit this $100K and stop saving for a month or two, to puff up my slush fund to live it up a little.   
Then it is on to a new investing/savings strategy with slightly lower contributions, 10-15% less.

I was seriously considering buying a small bungalow in the neighborhood last October.
The owner passed away and some guy bought it for $100K and flipped it. I'm guessing he put $35K max into the renovation. 
Sold for $210K three months later.

Quote
Crossed the 20k mark!
- CONGRATS, IMMA! -
It is always a high for me to hit another $10K - sometimes it seems like forever and other times I'm surprised I reached the next level.

@Serendip
I totally get that, sometimes you need to take a step back and appreciate all your accomplishments and you certainly have tons of them:).

Now that I am getting closer to that coveted $100K I am chomping at the bit to be done with it already:).
I am neither patient nor pragmatic and certainly not at all stoic.
My one saving grace in that dept is Mr. R. - he is Mr. Pragmatic himself. A conversation with him always soothes my frantic nerves and calms my financial fears. I tend to go into destructive overdrive when things don't progress in my favor.

I can see the sense in pragmatism at times, but stoicism remains a foreign, mystic conception that is way too far from who I am at my core.
I crave control.
In fact, stoicism brings out the rebel in me:), I can endure temporarily if I know there is an end to it but accepting stoicism is too much to ask of me.

Sure, a challenge or an obstacle 'might' build character but they can break you too. I am speaking from experience...
It can slow your progress to a skidding halt at a time when it is crucial that you meet your goals or reach a certain plateau.
Sometimes it takes decades to recover and we all have only one life to live.
Sure, overcoming challenges shapes your character, but sometimes it is a bitter victory or too high a price to pay.

Sometimes it is better to erupt and rebel and move heaven and earth than to practice stoic acceptance.

There is only a fine line between giving up and acceptance as in stoicism. That is a scary proposition.
To me being stoic is almost like shutting down all your other emotions, perhaps even the oomph you need to triumph over difficult circumstances. 
Of course, I might be totally missing the point:).

To me pragmatism is more helpful because whether we like it or not things do not always go our way so the better solution is to make the best out of any situation and remember to change yourself, a change in perspective, a change in plan or an AHA moment is way better than stoic acceptance.

Ze Stash

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Re: Race from 10 to 100k!!
« Reply #3395 on: January 31, 2021, 03:50:57 AM »
Net worth:
01/01/2019: -    109,47
01/02/2019:      269,41 (+   378,88 )
01/03/2019:      890,47 (+   621,06 )
01/04/2019:   1.767,70 (+   877,23 )
01/05/2019:   3.755,46 (+1.987,76 )
01/06/2019:   4.814,83 (+1.059,37 )
01/07/2019:   5.959,50 (+1.144,67 )
01/08/2019:   7.116,94 (+1.157,44 )
01/09/2019:   9.855,39 (+2.738,45 )
01/10/2019:   9.718,18 (-    137,21 )
01/11/2019: 10.726,98 (+1.008,80 )
01/12/2019: 11.773,70 (+1.046,72 )
01/01/2020: 12.979,27 (+1.205,57 )
01/02/2020: 14.363,54 (+1.384,27 )
01/03/2020: 15.039,09 (+   675,56 )
01/04/2020: 15.456,74 (+   417,65 )
01/05/2020: 16.903,74 (+1.447,00 )
01/06/2020: 17.847,51 (+   943,77 )
01/07/2020: 19.991,35 (+2.143,84 )
01/08/2020: 23.859,77 (+3.868,42 )
01/09/2020: 27.705,58 (+3.845,81 )
01/10/2020: 28.348,92 (+   643,34 )
01/11/2020: 29.975,77 (+1.626,85 )
01/12/2020: 32.157,81 (+2.182,04 )
01/01/2021: 37.536,36 (+5.378,55 )

01/02/2021: 39.128,65 (+1.592,29 )

Savings were not that great this month due to a larger scheduled expense. Next month will be the same. Crypto gains again made up for the shortfall in savings. I can't wait for summer so I can sell off part of the crypto position without incuring capital gains taxes.


Tinker

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Re: Race from 10 to 100k!!
« Reply #3396 on: January 31, 2021, 10:59:50 AM »
Well. Stocks go up, Stocks go down again.
Was able to keep spending in check in spite of having to cook and keep the work-PC running and all that.

Cash/in the bank: 5990 -> 6530 +540
Stocks: 40375 -> 44399 +2774 +1250 (market +/-, added in this month)
Crypto: 1865 -> 1770 -95 (1640 of this is actually "cash", as i sold the established coins off last month, but its at an exchange and i keep the number separated due to trust issues around getting money out)

start-of-year lump sums about to go out: 240ish gym, 320ish tuition

really should have quit gym last year, but foolish me thought there was some hope for things to go back to normal
« Last Edit: January 31, 2021, 11:22:52 AM by Tinker »

hal

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Re: Race from 10 to 100k!!
« Reply #3397 on: January 31, 2021, 11:15:45 AM »
MonthInvested TNW
Aug 2020$7,009.45$44,173.61
Sep 2020$11,791.74$44,286.81
Oct 2020$31,492.96$64,282.56
Nov 2020$41,576.98$73,480.24
Dec 2020$50,880.91$81,261.12
Jan 2021$57,339.00$89,777.45

Overall, feeling pretty good about 2021. Positions took a little dip due to drop in the market right at the end of January, but I'm okay with it since I have $4000 auto invested at the beginning of Feb. This month's savings rate was 65% (I count only money invested in the market).

Also, somehow this month was ridiculously cheap compared to normal.. .my wife and I spent only $1.9k, compared to a more typical $2.8k. We did buy a lot of meat in December that made that month expensive but allowed us to eat out of the freezer in January, but still... our cutting down on convenience food, alcohol, and discretionary spending really made quite a big difference.

Tass

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Re: Race from 10 to 100k!!
« Reply #3398 on: January 31, 2021, 01:26:06 PM »
Jul 17$6.2k
Aug 17$6.8k
Sept 17$8.2k
Oct 17$9.0k
Nov 17$9.9k
Dec 17$11.1k
Jan 18$12.1k
Feb 18$13.6k
Mar 18$15.1k
Apr 18$16.6k
May 18$17.7k
Jun 18$18.5k
Jul 18$20.2k
Aug 18$20.8k
Sept 18$22.2k
Oct 18$21.7k
Nov 18$22.5k
Dec 18$22.4k
Jan 19$24.7k
Feb 19$27.2k
Mar 19$29.3k
Apr 19$31.3k
May 19$31.5k
Jun 19$33.3k
Jul 19$35.1k
Aug 19$36.7k
Sep 19$38.6k
Oct 19$40.2k
Nov 19$42.6k
Dec 19$44.6k
Jan 20$49.0k
Feb 20$46.5k
Mar 20$42.7k
Apr 20$47.5k
May 20$50.6k
Jun 20$53.5k
Jul 20$58.5k
Aug 20$63.0k
Sept 20$63.2k
Sept 20$62.9k
Nov 20$69.9k
Dec 20$75.0k

Jan 21: $76.2k

Can't believe I'm in my fourth year of membership of this forum.

Dutch Comfort

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Re: Race from 10 to 100k!!
« Reply #3399 on: February 01, 2021, 03:45:34 AM »
Tracking investments, emergency fund and additional pension investments (all to be used to retire together with SO!)
(not tracking company pension investments, house value and current accounts)

15 May 2020: EUR 17,034 (started tracking)
15 December 2020: EUR 23,325

31 January 2021: EUR 24,040
(2021 goal: EUR 35K)

Will start tracking at end of month from now.
@Imma : crossing the 20K is huge. Now up to 30 (I'm working towards the same). Baby steps..... baby steps......

We're first fattening our combined emergency fund (not included in this amount). So 2nd half of the year will hopefully be more in investments, since I'm expecting a few refunds (tax refund, government refund and healthcare refund) around that time.

On to February, with only small expenses. DD's birthday will be celebrated with only a few friends, so no big party here. And she wants to have sports gear as a present (which we would have bought anyway, but now she gets to choose a little more expensive brand....).