Race from 250 to 500k!

[facepalm]

Apr-17   255,873
May-17  263,835
Jun-17   268,100
Jul-17    273,100

I won't see a check this month so I expect my August number to be a bit low. Still plan on making it to 300K by the end of the year. Happy that my net worth has increased by 17K in the last four months.

Visited family in Idaho and managed to fuel up only 4 times (I'm in CA) for a cost of $120. Gas is super cheap once you remove yourself from the CA Bay Area. Found out later I could have probably flown Allegiant for $200 and then done away with the hotel rooms. Curses!

[Ladychips]

1/17 - $352,398
5/17 - $378,770
6/17 - $401,823
7/17 - $425,070

Such exciting growth, although it makes me want to quit my job.  Have five more years though...

[garth]

Tempting fate by posting before market close Monday, but I think we'll close out July at about $480k. My income drops back to normal levels for the rest of the year, so I'm targeting $500k by Sept 30th. Looking forward to the underwhelming feeling that people seem to report when hitting big milestones.

Nov 15: $255k
Dec 15: $256k
Jan 16: $241k
Feb 16: $255k
Mar 16: $277k
Apr 16: $290k
May 16: $294k
Jun 16: $305k
Jul 16: $330k
Aug 16: $336k
Sept 16: $345k
Oct 16: $351k
Nov 16: $363k
Dec 16: $376k
Jan 17: $387k
Feb 17: $404k
Mar 17: $408k
Apr 17: $421k
May 17: $431k
Jun 17: $450k
Jul 17: $480k

[JustGettingStarted1980]

April-15     $133,400.00 (+23,993)
July-15   $179,961.40 (+46,561)
Oct-15      $207,727.22 (+27,765)
Jan-16      $257,514.77 (+49,787)
April-16    $277,918.06 (+20,403)
July-16     $306,073.47 (+28,155)
Oct -16     $357,689.04 (+53,415)
Jan -17     $405,710.23 (+48,021)
April -17   $446,004.04 (+39,424)
July-17     $496,327.00 (+50,322) ........ so...... close....... one .... more ....month ......

Added news, we just had a Baby Girl!!! Healthy, fat, and happy.

Wife is threatening to return to work full time after her 3 months are up.  This is good for us financially as she would be more satisfied professionally and escape "Mommy Fog" as well as make a great FT income (with wonderful benefits) and accelerate our retirement staching, but this would occur at the cost of increased stress at work and home for both of us as we do the Dual Income with Kids daily juggling act. We will see...

JGS

Aug-17 $508,958.72 (+12,631.72)

Race Over! It's been 19 months since I started.  Avg monthly NW gain was around $13,200/month.

Off to the next race. Thanks for all the support folks! The encouragement and viewpoints on MMM Forum as well as this thread have been invaluable. Most importantly for this thread is that it keeps me focused on achievable step-by-step goals, as opposed to on some mythical goal 6-10 years in my future.

[Ladychips]

Off to the next race.

Congratulations!  Save us some room over there... we'll be along as soon as we can...

[Rowellen]

Congrats JustGettingStarted1980. That is some impressive numbers.

[skip207]

Well done!! Almost forgot its the end of the month!

[2Birds1Stone]

1/1/2017 - $256,000
2/1/2017 - $265,000
3/1/2017 - $278,000
4/1/2017 - $282,000
5/1/2017 - $287,000
6/1/2017 - $304,000
7/1/2017 - $308,000

8/1/2017 - $313,000

$386,000 combined with SO.

[Sweet_Flips]

UPDATED!

02/2017--$258,181.90
03/2017--$266,011.19
04/2017--$273,921.39
05/2017--$279,950.03
06/2017--$283,579.43
07/2017--$290,723.87

Sneaking up on that $300K mark...

[Sailor Sam]

1-Jan-2011:  $82,795
1-Jan-2012:  $106,303
1-Jan-2013:  $147,328
1-Jan-2014:  $212,595
1-Jan-2015:  $264,308
1-Jan-2016:  $299,216

1-Jan-2017:  $371,623
1-Feb-2017:  $379,968
1-Mar-2017:  $402,448
1-Apr-2017:  $409,886
1-May-2017:  $416,851
1-Jun-2017:  $421,488
1-Jul-2017:  $430,504
1-Aug-2017: $441,599

Nice!

[jpeizie]

Just crossed $250k in June, so I'm in! Found MMM in mid-2015 and started tracking our finances in Dec of that year...

Dec 2015: $177k

Jun 2016: $210k (crossed $200k mark for the first time)

Jun 2017: $251k

July 2017: $256k

[skip207]

1/1/16 = £288,240
1/1/17 = £374,668
1/2/17 = £388,289
1/3/17 = £386,895
1/4/17 = £400,066
1/5/17 = £411,208
1/6/17 = £421,032
1/7/17 = £425,821
1/8/17 = £434,537

Under 70k to go now.

[JJ-]

Jan 2017  $275k
Feb 2017  $287k $???
Mar 2017 $276k
Apr 2017 $282k
May 2017 $287k
Jun 2017 $290k

Jul 2017 $304k

I'm surprised at the jump. A windfall was about half that. I'm thinking investment gains were the rest as the last month has been a wash with increased spending offsetting normal monthly savings account.

[Res Ipsa]

June 1, 2017: $349,328
July 1, 2017: $362,675
Aug. 1, 2017: $373,748

[Rowellen]

Jan 2017 $368k
Feb 2017 $390k includes 20k windfall from an inheritance.
Mar 2017 $396k
Apr 2017 $398k
May 2017 $404k
June 2017 $408k
July 2017 $415k

Aug 2017 $423k

[Guava]

July 2017: $264k
June 2017: $257k
May 2017: $251k

[Morning Glory]

2017
Jan 1: 236,254
Feb 1: 250,055
Mar 1: 262,196
April 1: 269,959
May 1: 282,665
June 1: 284,827
July 1: 292,037

August 1: 293,168

Decided to use the original purchase price instead of the Zillow estimate for home value, so this brought me down about a month's progress (or my previous totals were falsely inflated). My investments went up about 5k, and the paycheck I received this morning helped put me over last month's total.

[kapnfriday]

8-2016: $369,217
9-2016: $373,735 (+$4.5k)
10-2016: $369,721 (-$4.0k)
11-2016: $385,057 (+$15.3k)
12-2016: $399,209 (+$14.1k)
1-2017: $408,813 (+$9.6k)
2-2017: $427,041 (+$18.2k)
3-2017: $425,204 (-$1.8k)
4-2017: $432,660 (+$7.4k)
5-2017: $439,707 (+7k)
6-2017: $445,394 (+5.6K)
7-2017: $456,502 (+11.1k!)

July was a good month.  Could we graduate from this thread by year end?  Doubt it, but we will hopefully be there in early 2018.   

[skcook]

Update: gah, so close!

Aug 2017 - $497k
July 2017 - $483k
Jun 2017 - $479k
May 2017 - $454k
Apr 2017 - $448k
Mar 2017 - $435k
Feb 2017 - $433k
Jan 2017 - $410k
Oct 2016 - $370k
Sep 2016 - $330k

[FIreDrill]

Still going strong, doesn't feel like we've been doing as good as the numbers say.  I'll take it though :)


End Of
2014-Q1:                $55,471
2014-Q2:                $78,319            (+22,848)
2014-Q3:                $84,251            (+5,932)
2014-Q4:                $106,801          (+22,550)
2015-Q1:                $126,464          (+19,663)
2015-Q2:                $145,996          (+19,532)
2015-Q3:                $151,957          (+5,961)
2015-Q4:                $203,486          (+51,529)
2016-Q1:                $217,931          (+14,445)
2016-Q2:                $233,784          (+15,853)
2016-Q3:                $255,000          (+21,216)
2016-Q4:                $276,375          (+21,375)
2017-Q1:                $306,936          (+30,561)
2017-Q2:                $332,258          (+25,319)

Current:                  $342,952          (+10,694)

[jorjor]

Cash & invested / including home equity:
Nov 15: $165k / $236k
Dec 15: $162k / $257k
Jan 16: $152k / $259k
Feb 16: $166k / $275k
Mar 16: $185k / $295k
Apr 16: $192k / $305k
May 16: $201k/ $315k
Jun 16: $204k / $320k
Jul 16: $221k / $339k
Aug 16: $227k / $347k
Sep 16: $230k / $352k
Oct 16: $234k / $357k
Nov 16: $242k / $367k
Dec 16: $276k / $403k
Jan 17: $289k / $419k
Feb 17: $317k / $448k
Mar 17: $328k / $460k
Apr 17: $334k / $470k
May 17: $346k / $483k
Jun 17: $343k / $482k
Jul 17: $353k / $493k

Baby is here! We have high deductible insurance so plenty of doctors bills to pay, and wife was off unpaid for 12 weeks, and went back yesterday, so obviously some slow growth. August should be a nice bump if the market cooperates. Wife back to work, hit our OOP max so no more medical bills, and mid-year bonus comes in August. Home prices on our block suggest that I'm undervaluing the house, but I want to remain conservative there.

[Res Ipsa]

Congrats JustGettingStarted1980!  I'll miss seeing your posts in this thread, but hope to join you in the next one in 12-18 months (assuming you haven't hit $1 mill by then).  And it looks like SKCook will be joining you soon--so early congrats there as well.

 

[damnedbee]

Investments / Net Worth

July 2017:  271K
Aug 2017:  273K
Sep 2017:  279K
Oct 2017:  287K
Nov 2017: 292K
Dec 2017:  298K
Jan 2018:  311K
Feb 2018: 303K
Mar 2018: 298K / 322K
May 2018: 310K
July 2018: 317K
Aug 2018: 326K
Sept 2018: 329K
Oct 2018: 310K
Jan 2019: 313K
Feb 2019: 339K
March 2019: 347K / 459K
April 2019: 357K / 469K
May 2019: 345K
June 2019: 365K / 485K
Sept 2019: 378K / 498K
Jan 2020: 415K / 550K
Feb 2020: 418K
March 2020: 400K
April 2020: 353K
May 2020: 382K
June 2020: 410K
July 2020: 425K
Aug 2020: 447K
Sept 2020: 473K

[TheAnonOne]

Coming back to update...

2015 DEC	:	252k
-	-
2016 JAN	:	260k	(+8k)
2016 FEB	:	281k	(+21k)
2016 MAR	:	285k	(+4k)
2016 APR	:	298k	(+13k)
2016 MAY	:	305k	(+7k)
2016 JUN	:	307k	(+2k)
2016 JUL	:	320k	(+13k)
2016 AUG	:	326k	(+6k)
2016 SEP	:	336k	(+10k)
2016 OCT	:	337k	(+1k)
2016 NOV	:	361k	(+24k)
2016 DEC	:	368k	(+7k)
-	-
2017 JAN	:	382k	(+14k)
2017 FEB	:	403k	(+21k)
2017 MAR	:	416k	(+13k)
2017 APR	:	427k	(+11k)
2017 MAY	:	436k	(+9k)
2017 June	:	449k	(+13k)
2017 July	:	464k	(+15k)

+$96k this year! Aiming, for just under 100k in any given year of savings. Though, I am really only tracking worth gains, not savings directly. (So it includes gains/losses in the market) Given 5 month(s) left, and (4k) more to go, I should hit this goal!

401k and both IRAs all maxed.

[Pizzabrewer]

Jan 1:  $170,881  (start of tracking)
Feb 1:  $183,768 
Mar 1:  $197,020 
Apr 1:  $202,363 
May 1: $223,229
Jun 1:  $244,355
Jul 1:   $249,532 
Aug 1:  $262,500

Looks like we are freshly-minted 1/4 millionaires!

Since discovering MMM less than a year ago our NW has grown at a good clip.  We have been saving more than we ever had in the past (many years of zero or negative saving) and we've also done some non-mustachian investing in single stocks.  Fortunately the stock picks have done exceedingly well and have powered most of our NW growth.  Yes we are due some facepunches but it seems that up to now we've been winning the stock-picking lottery (see the "Oops, I stock picked" thread in Investor Alley if interested).

In any event, we're glad to be making such progress and are happy to join this thread.

[kaypinkHH]

                    Investments/Cash/Assets     House*    House Appreciation    Total
August 2014              30k                        100k              0k                      130k     
August 2015               ???                        100k             ???                  More than 130k
August 2016               65k                       120k           ~60k                      245k
August 2017              250k                      130k           ~338k                    718k

Just looking at investments, math tells we will hit the 500k mark in ~3 years. We are working on uping our savings rate to speed that up. 

We may have some big life changes coming up (moving from a VHCOL city to a MCOL city), which will liquidate some of that stupid housing money. (Or the bubble is bursting and we will LOSE IT ALL. Any guesses what city i'm living in :D)

[Tyson]

Liquid net worth hit $330,000 today.  Don't know why, but that feels kind of awesome.

Once we hit $350,000 we'll have more in liquid savings (and retirement accounts) than we owe on our mortgage.  That will be an awesome day when it happens. 

[2Birds1Stone]

Reasonable month. No investment gains logged in off months, but lowest pet costs in a while, got paid back for electronics I sold to a family member. Had to refill my escrow for insurance after changing providers, but still overall a healthy month. Looking forward to $400k!

We are still neck and neck my friend!

[CdnChris]

• February 1st: $271,698.51
• March 1st: $298,326.11
• April 1st: $307,087.83
• May 1st: $321,801.45
• June 1st: $315,121.88
• July 31st: $320,849.33

Slight recovery in investments but mostly additional savings. Also, changed the reporting to the end of the month, I should have been doing that all along.

[dandypandys]

2017
Jan 1st: 252k
Feb 1st: 257k
Mar 1st: 269k    (4k back in taxes :)
April 1st: 273k
May 1st: $287 Net Worth 10k jump is our condo on zillow.
June 1st: $292
July 4th: $295
Aug 1st: $294k  Had to use 8k for new HVAC - now we need to build our savings account back up from zero! Surprised NW didn't go down more, maybe I have some things to reconcile still..

[gmdv]

I took a quick tally today and realized my net worth has passed the 250k mark. Time to aim for the next goal.

August 2017 - 295k

[tightwaddy]

Invested (& Liquid)
April 9, 2016:  $319,737
May 6, 2016: $325,093
June 8, 2016: $332,224
July 11, 2016:$337,287
August 8, 2016: $341,304
February 9, 2017: $361,822
March 11, 2017: $368,914
April 16, 2017: $379,833
May 10, 2017: $390,728
June 13, 2017: $401,930
July 12, 2017: $410,646
August 19, 2017: $422,663

Original goal date was 12/18 but at current rate should be there by next mid-year.

[Tyson]

2017
Jan 1st: 252k
Feb 1st: 257k
Mar 1st: 269k    (4k back in taxes :)
April 1st: 273k
May 1st: $287 Net Worth 10k jump is our condo on zillow.
June 1st: $292
July 4th: $295
Aug 1st: $294k  Had to use 8k for new HVAC - now we need to build our savings account back up from zero! Surprised NW didn't go down more, maybe I have some things to reconcile still..

We also had large expenses over the past couple of months.  Mostly it just sucked up our cashflow during that time.  Net worth still went up, in spite of that.  Crazy!

[SAfAmBrit]

Hoping to be at $500,000 in 08/2018.

July 2016 - $257,306
August 2016 - $264,625
September 2016 - $270,695
October 2016 - $283528
November 2016 - $291396
December 2016 - $295603
January 2017 - $303,195
March 2017 - $333,323
April 2017 - $340,884
May 2017 - $346,568
June 2017 - $357,230
July 2017 - $365,912
August 2017 - $370,689 (Well this will not work - bad month i guess!)

Hoping for $400,000 by December 2017. Steadily onward.

[RWD]

Hoping to be at $500,000 in 08/2018.

July 2016 - $257,306
August 2016 - $264,625
September 2016 - $270,695
October 2016 - $283528
November 2016 - $291396
December 2016 - $295603
January 2017 - $303,195
March 2017 - $333,323
April 2017 - $340,884
May 2017 - $346,568
June 2017 - $357,230
July 2017 - $365,912
August 2017 - $370,689 (Well this will not work - bad month i guess!)

Hoping for $400,000 by December 2017. Steadily onward.

Yeah, darn. You only saved ~$5k last month. And $100k+ over the last year. Looks like good progress to me.

[chasingthegoodlife]

I want to join this race but I'm nervous about posting my numbers on the internet.

Did anyone else feel this way? How did you convince yourself?

[martyconlonontherun]

I want to join this race but I'm nervous about posting my numbers on the internet.

Did anyone else feel this way? How did you convince yourself?

Did you give off any identifying information in this thread or your sign up? I really don't know how someone could attack you by just knowing a NW and having zero way of knowing whether that is tied to specific assets or accounts. I would be way more concerned with using google docs, excel or mint to track my networth as account information is posted.

[jpeizie]

Just crossed $250k in June, so I'm in! Found MMM in mid-2015 and started tracking our finances in Dec of that year...

Dec 2015: $177k

Jun 2016: $210k (crossed $200k mark for the first time)

Jun 2017: $251k

July 2017: $256k

August 2017: $261k. Woohoo!

[skip207]

1/1/16 = £288,240
1/1/17 = £374,668
1/2/17 = £388,289
1/3/17 = £386,895
1/4/17 = £400,066
1/5/17 = £411,208
1/6/17 = £421,032
1/7/17 = £425,821
1/8/17 = £434,537
1/9/17 = £441,247

[garth]

Getting closer. Our $150k increase in the last year just seems unreal.

Spouse and I both made moves to increase future income this month. She negotiated a 10% raise that starts Sept 1 and I picked up an online course that will bring in $15-$20k per year. Once I get my lectures recorded, the course will run mostly passively, so that's exciting.

Nov 15: $255k
Dec 15: $256k
Jan 16: $241k
Feb 16: $255k
Mar 16: $277k
Apr 16: $290k
May 16: $294k
Jun 16: $305k
Jul 16: $330k
Aug 16: $336k
Sept 16: $345k
Oct 16: $351k
Nov 16: $363k
Dec 16: $376k
Jan 17: $387k
Feb 17: $404k
Mar 17: $408k
Apr 17: $421k
May 17: $431k
Jun 17: $450k
Jul 17: $480k
Aug 17: $488k

[2Birds1Stone]

1/1/2017 - $256,000
2/1/2017 - $265,000
3/1/2017 - $278,000
4/1/2017 - $282,000
5/1/2017 - $287,000
6/1/2017 - $304,000
7/1/2017 - $308,000
8/1/2017 - $313,000
9/1/2017 - $324,000

$396,000 combined with SO.


Good income month, good market gains.

[Rowellen]

Jan 2017 $368k
Feb 2017 $390k includes 20k windfall from an inheritance.
Mar 2017 $396k
Apr 2017 $398k
May 2017 $404k
June 2017 $408k
July 2017 $415k
Aug 2017 $423k

Sept 2017 $432k

[Ladychips]

1/17 - $352,398
5/17 - $378,770
6/17 - $401,823
7/17 - $425,070
8/17 - $428,620

No crazy growth this month... but growth nonetheless...

[Sailor Sam]

1-Jan-2011:  $82,795
1-Jan-2012:  $106,303
1-Jan-2013:  $147,328
1-Jan-2014:  $212,595
1-Jan-2015:  $264,308
1-Jan-2016:  $299,216

1-Jan-2017:  $371,623
1-Feb-2017:  $379,968
1-Mar-2017:  $402,448
1-Apr-2017:  $409,886
1-May-2017:  $416,851
1-Jun-2017:  $421,488
1-Jul-2017:  $430,504
1-Aug-2017: $441,599
1-Sep-2017: $451,138

Pretty flat all month, then today a big up tick, both in the market and because of payday. I'll take.

[babystache89]

Total NW:

9/1/16: $217,000
10/1/16: $220,000
11/1/16: $232,000
12/1/16: $234,500
1/1/17: $238,500
2/1/17: $245,000
3/1/17: $254,000
4/1/17: $252,000
5/7/17: $262,000
6/30/17: $271,000
9/1/17: $285,000

It's my 1 year tracking net worth anniversary and I'm up $68,000 (despite this being my most expensive year of life by a long shot)! :o

[facepalm]

Apr-17   255,873
May-17  263,835
Jun-17   268,100
Jul-17    273,100
Aug-17  276,800

Rough not seeing a check for one month, but I have plenty of cash on hand. I actually did ok. And I saw a raise.

I'm now setting aside around $5900 per month.

[Pizzabrewer]

Jan 1:  $170,881  (start of tracking)
Feb 1:  $183,768 
Mar 1:  $197,020 
Apr 1:  $202,363 
May 1: $223,229
Jun 1:  $244,355
Jul 1:   $249,532 
graduated to this thread!
Aug 1:  $262,500
Sep 1:  $270,766

I certainly can't complain about a 3.1% jump in NW in a month.  We could have done (much) better with our savings rate but overall we did well.

We are just shy of being $100k up for the year.  Incredible.

[Morning Glory]

2017
Jan 1: 236,254
Feb 1: 250,055
Mar 1: 262,196
Apr 1: 269,959
May 1: 282,665
Jun 1: 284,827
Jul 1: 292,037
Aug 1: 293,168

Sep 1: 297,483

So close to the 300k mark. (180k is investments) Savings rate should pick up steam once my teaching job starts again.

Happy Labor Day and Eid everyone!!!

[JJ-]

Jan 2017  $275k
Feb 2017  $287k $???
Mar 2017 $276k
Apr 2017 $282k
May 2017 $287k
Jun 2017 $290k
Jul 2017 $304k

Aug 2017  $311k

It's really hard to believe we're up $36k YTD. We really focused on saving last year until it hurt. This year hasn't been as extreme due to focus on other life events, but it's really nice to know the habits developed over the last few years continue, even though it feels like we're spending "way way more," when in reality it's still not "that much."

[dandypandys]

2017
Jan 1st: 252k
Feb 1st: 257k
Mar 1st: 269k    (4k back in taxes :)
April 1st: 273k
May 1st: $287 Net Worth 10k jump is our condo on zillow.
June 1st: $292
July 4th: $295
Aug 1st: $294k  Had to use 8k for new HVAC - now we need to build our savings account back up from zero! Surprised NW didn't go down more, maybe I have some things to reconcile still..
Sept 1st: $296  still going up even after our 8K down last month :) Hoping to see a bigger jump next month though