Author Topic: Saving to $10K  (Read 464039 times)

Trifle

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Re: Saving to $10K
« Reply #1650 on: November 25, 2022, 03:20:17 AM »
Way to go @cazio!  You're really close to crossing that zero, and then continuing on.  Go go go!

A belated shoutout to @sadiesortsitout -- how close are you?  Way to set goals and chug toward them.  You can do it! 

violets

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Re: Saving to $10K
« Reply #1651 on: November 25, 2022, 12:38:06 PM »
I'll join in here. I'm at 4000 dollars currently.

Trifle

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Re: Saving to $10K
« Reply #1652 on: November 26, 2022, 03:23:02 AM »
I'll join in here. I'm at 4000 dollars currently.

Welcome @violets!  Good job to set a goal.  Once you get the snowball (cash ball) growing, it will get easier and faster. 

Treedream

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Re: Saving to $10K
« Reply #1653 on: November 27, 2022, 01:32:11 AM »
You can do it @violets!

I remember very clearly reaching 10K and the weight of my shoulders it was. I hadn't been racing specifically to 10K, and yet it was really a psychological marker for enough safety for my lizard brain.

getsorted

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Re: Saving to $10K
« Reply #1654 on: November 28, 2022, 08:15:16 AM »
                           August 25 2022                          November 28 2022
Debt:                  ($6,539)  (HELOC @ 5.25%)        ($6,980)
Emergency Fund:  $7,000                                       $8,874
401(k):                $7,156                                        $8,422

----

Total: $7,617.  ---> $10,316


This is a pleasant surprise! I didn't think I was making much progress-- really had hoped to do more this year. But I made my $10,000 goal!

Trifle

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Re: Saving to $10K
« Reply #1655 on: November 28, 2022, 09:43:57 AM »
Way to go @sadiesortsitout !  Congratulations!

                                                 

getsorted

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Re: Saving to $10K
« Reply #1656 on: November 28, 2022, 01:28:44 PM »
You can do it @violets!

I remember very clearly reaching 10K and the weight of my shoulders it was. I hadn't been racing specifically to 10K, and yet it was really a psychological marker for enough safety for my lizard brain.

SAME.

cazio

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Re: Saving to $10K
« Reply #1657 on: January 04, 2023, 08:57:52 AM »
10/2/18 - $(2742.60)
10/29/18 - $(1899.81)
11/25/18 - $(1660.04)
12/31/18 - $245
3/14/19 - $(5,212)
3/31/19 - $(882.10)
4/25/19 - $(16,545.33)
5/29/19 - $(14,275.68)
6/28/19 - $(13,578)
7/26/19 - $(12,692)
8/23/19 - $(11,219)
10/4/19 - $(12,227.77)
11/30/19 - $(15,648)
12/27/19 - $(12,288)
1/27/20 - $(17,036)
4/17/20- $(14,394.54)
11/8/22 - $(3116.05)
11/24/22 - $(63.66)
12/26/22 - $3896.62

starting off 2023 with a bang! january is already shaping up to be full of expenses, but I hope to tuck as much as i can away. trying to tell myself it's okay to invest in my health (aka dental work, eye exams etc) - saving isn't worth much when your health suffers because of it.

Trifle

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Re: Saving to $10K
« Reply #1658 on: January 04, 2023, 02:48:34 PM »

starting off 2023 with a bang!


AwwwYeah!!!  Way to go @cazio!

                                             

Peaksandvalleys

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Re: Saving to $10K
« Reply #1659 on: February 01, 2023, 10:43:28 PM »
Student loans:
1/2020 (-214579.43)
4/2020 (-204914.65)
7/2020 (-197983.46)
10/2020 (-192182.33)
1/2021 (-186316.39)
4/2021 (-180488.24)
7/2021 (-174309.01)
10/2021 (-167993.57)
1/2022 (-161651.31)
4/2022 (-155314.82)
7/2022 (-150033.87)
10/2022 (-144902.42)
1/2023 (-118776.32)

Net Worth:
1/2020 (-205328.66)
4/2020 (-186896.40)
7/2020 (-172077.14)
10/2020 (-158892.28)
1/2021 (-140273.58)
4/2021 (-121774.36)
7/2021 (-105114.81)
10/2021 (-88506.7)
1/2022 (-66839.97)
4/2022 (-47918.61)
7/2022 (-36039.37)
10/2022 (-7021.21)
1/2023  7590.37

Positive for the first time in memory

Tass

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Re: Saving to $10K
« Reply #1660 on: February 02, 2023, 08:09:26 AM »
Positive for the first time in memory

HOORAY!!!! That's an incredible milestone!

Trifle

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Re: Saving to $10K
« Reply #1661 on: February 02, 2023, 08:12:06 AM »
Whoa!  You rock @Peaksandvalleys!!  You're almost there.  We'll have a graduation gif waiting for you.  :)

Tigerpine

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Re: Saving to $10K
« Reply #1662 on: February 02, 2023, 09:41:38 AM »
Student loans:
1/2020 (-214579.43)
4/2020 (-204914.65)
7/2020 (-197983.46)
10/2020 (-192182.33)
1/2021 (-186316.39)
4/2021 (-180488.24)
7/2021 (-174309.01)
10/2021 (-167993.57)
1/2022 (-161651.31)
4/2022 (-155314.82)
7/2022 (-150033.87)
10/2022 (-144902.42)
1/2023 (-118776.32)

Net Worth:
1/2020 (-205328.66)
4/2020 (-186896.40)
7/2020 (-172077.14)
10/2020 (-158892.28)
1/2021 (-140273.58)
4/2021 (-121774.36)
7/2021 (-105114.81)
10/2021 (-88506.7)
1/2022 (-66839.97)
4/2022 (-47918.61)
7/2022 (-36039.37)
10/2022 (-7021.21)
1/2023  7590.37

Positive for the first time in memory
CONGRATULATIONS!

Isn't it a great feeling to finally not be worth less than nothing?  It's truly a milestone to celebrate!

cazio

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Re: Saving to $10K
« Reply #1663 on: February 02, 2023, 10:27:52 AM »
10/2/18 - $(2742.60)
10/29/18 - $(1899.81)
11/25/18 - $(1660.04)
12/31/18 - $245
3/14/19 - $(5,212)
3/31/19 - $(882.10)
4/25/19 - $(16,545.33)
5/29/19 - $(14,275.68)
6/28/19 - $(13,578)
7/26/19 - $(12,692)
8/23/19 - $(11,219)
10/4/19 - $(12,227.77)
11/30/19 - $(15,648)
12/27/19 - $(12,288)
1/27/20 - $(17,036)
4/17/20- $(14,394.54)
11/8/22 - $(3116.05)
11/24/22 - $(63.66)
12/26/22 - $3896.62
1/31/23 - $4460.80

somewhat surprised o see any growth this month, but i think that's just because i didn't have any money leftover to put in my EF, which makes it feel like i did nothing. can't wait for those student loans to be forgiven, and hopefully i'll get a tax return that will help get me to 10k by march!

Trifle

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Re: Saving to $10K
« Reply #1664 on: February 03, 2023, 04:18:18 AM »
Great job @cazio!  You crossed the zero and now you're almost to the finish line. 

Looks like multiple potential graduations in the next few months!

DieHard_772

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Re: Saving to $10K
« Reply #1665 on: February 03, 2023, 10:08:57 AM »
Student loans:
1/2020 (-214579.43)
4/2020 (-204914.65)
7/2020 (-197983.46)
10/2020 (-192182.33)
1/2021 (-186316.39)
4/2021 (-180488.24)
7/2021 (-174309.01)
10/2021 (-167993.57)
1/2022 (-161651.31)
4/2022 (-155314.82)
7/2022 (-150033.87)
10/2022 (-144902.42)
1/2023 (-118776.32)

Net Worth:
1/2020 (-205328.66)
4/2020 (-186896.40)
7/2020 (-172077.14)
10/2020 (-158892.28)
1/2021 (-140273.58)
4/2021 (-121774.36)
7/2021 (-105114.81)
10/2021 (-88506.7)
1/2022 (-66839.97)
4/2022 (-47918.61)
7/2022 (-36039.37)
10/2022 (-7021.21)
1/2023  7590.37

Positive for the first time in memory

Way to go @Peaksandvalleys !

cazio

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Re: Saving to $10K
« Reply #1666 on: February 24, 2023, 03:24:32 PM »
10/2/18 - $(2742.60)
10/29/18 - $(1899.81)
11/25/18 - $(1660.04)
12/31/18 - $245
3/14/19 - $(5,212)
3/31/19 - $(882.10)
4/25/19 - $(16,545.33)
5/29/19 - $(14,275.68)
6/28/19 - $(13,578)
7/26/19 - $(12,692)
8/23/19 - $(11,219)
10/4/19 - $(12,227.77)
11/30/19 - $(15,648)
12/27/19 - $(12,288)
1/27/20 - $(17,036)
4/17/20- $(14,394.54)
11/8/22 - $(3116.05)
11/24/22 - $(63.66)
12/26/22 - $3896.62
1/31/23 - $4460.80
2/24/23 - $6014

This month barely felt like an improvement, but I booked a trip and bought some tickets to an event that took some of the steam out of my momentum. But March will be an extra paycheck month so hopefully I get to add another big chunk of money to my EF.


Log

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Re: Saving to $10K
« Reply #1667 on: March 10, 2023, 12:41:56 PM »
I always saw those "$X to $Y" threads and was looking forward to crossing $10k so I could participate and just discovered this thread! I have almost 50k in student loans, mostly below 5% interest, no other debt.

3/11/2023: $(7,653)

Net 0 doesn't feel too far away.

Trifle

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Re: Saving to $10K
« Reply #1668 on: March 11, 2023, 04:32:56 AM »
Net zero isn't far away @Log.  Go, go, go!

Keep going @cazio -- feed that EF!

Moonwaves

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Re: Saving to $10K
« Reply #1669 on: November 16, 2023, 08:55:19 AM »

Loan: -7,491.28
BoI savings: 31.00
DiBa ETF: 5,301.80
CmzBank savings a/c: 1,300.06
Total:  -858.42

Loan: -18,978.78
BoI savings: 15.00
DiBa ETF: 7,333.96
CmzBank savings a/c: 3,025
Total: -8,604.82


Was writing a big long bit about why all this is but essentially life has just been a bit shit for the past year or so and I have not been dealing very well with it. So, this is where things now stand. Astonishingly, I have actually just passed the 10k mark in savings. Unfortunately, the increased loan means that my net worth is even less than the last time I posted.

Things have kind of come to a head now and I am now in the process of applying for a stint in a clinic to try and get back to being fully functional - my therapist assures me I have given her plenty of scope to write a good justification for why they should pay for it.  :-D  So, even more just in survival mode than before. I do have an appointment with a company that offers support with household tasks, not just cleaning but also general organisation and help. I'll have to pay for that myself but hopefully it will at least help me to not fall behind much more than I already have. Anyway, even just the thought of getting more help soon has helped me enough to be actually look at the numbers and come back and post here again.

So, how is everyone else getting on? Or have you all graduated to the next thread?

Dicey

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Re: Saving to $10K
« Reply #1670 on: November 16, 2023, 09:42:10 AM »
I always saw those "$X to $Y" threads and was looking forward to crossing $10k so I could participate and just discovered this thread! I have almost 50k in student loans, mostly below 5% interest, no other debt.

3/11/2023: $(7,653)

Net 0 doesn't feel too far away.
This isn't the "Defeat the Net Debt" thread. It doesn't matter if you have debt waiting to be demolished over time, it matters that you get to $10k in your own investment accounts. Money that will snowball toward FIRE. You absolutely should celebrate this milestone! The exception would be hair-on-fire, high-interest credit card debt, but that's not your situation, @Log.

FWIW, I can think of at least two well-respected forumites who retired with student loans and mortgages...

Log

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Re: Saving to $10K
« Reply #1671 on: November 16, 2023, 10:07:54 AM »
I always saw those "$X to $Y" threads and was looking forward to crossing $10k so I could participate and just discovered this thread! I have almost 50k in student loans, mostly below 5% interest, no other debt.

3/11/2023: $(7,653)

Net 0 doesn't feel too far away.
This isn't the "Defeat the Net Debt" thread. It doesn't matter if you have debt waiting to be demolished over time, it matters that you get to $10k in your own investment accounts. Money that will snowball toward FIRE. You absolutely should celebrate this milestone! The exception would be hair-on-fire, high-interest credit card debt, but that's not your situation, @Log.

FWIW, I can think of at least two well-respected forumites who retired with student loans and mortgages...

Ah yeah, I was implicitly adding [Net Worth] to the title here. At such low interest rates, I am in no rush with my student loans - my application for the SAVE plan is currently pending... but I still think it's worth acknowledging as a counterbalance to my savings. But I also count certain valuable musical instruments in that net worth as well. That full calculation has my net worth within a paycheck of crossing $0!

If I just count up investments and ignore all else, I'm just over $17k, which feels pretty grand now that you mention it 🎉

Dicey

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Re: Saving to $10K
« Reply #1672 on: November 16, 2023, 08:21:45 PM »
Good job! Time to move up to the next cohort.

Moonwaves

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Re: Saving to $10K
« Reply #1673 on: December 01, 2023, 01:41:19 AM »
Loan: -18,978.78
BoI savings: 15.00
DiBa ETF: 7,333.96
CmzBank savings a/c: 3,025
Total: -8,604.82

Loan: -18,628.35
BoI savings: 15.00
DiBa ETF: 7,447.41
CmzBank savings a/c: 3,150
Total: -8,025.94

Little bit extra saved and a slightly bigger little bit extra paid off loan, thanks to the xmas bonus we received with our November salary.

DieHard_772

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Re: Saving to $10K
« Reply #1674 on: April 02, 2024, 06:28:50 AM »
How's everyone doing? No new posts in here for awhile.