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Sold our house for a hefty profit. Paid off 100% of our debt, doubled our emergency fund, and put the into money down on a nicer, bigger house with better schools, and a lower PITI payment. Thanks DC, fast appreciation, terrible schools!
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Mar 8, 2016 20:39
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I've gotten lucky the Reserve Bank cut the official cash rate by 0.25% today which is excellent timing for my upcoming refinancing. Overall my interest rate should be about 1.8% lower than the current rate. Keeping the same payment should knock about 10 years off the mortgage.
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Mar 9, 2016 21:22
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Reading this thread made me think about the biggest influence on my own finances. Graduated right as the world economy went busto. Managed to get a poo poo job paying around £700 (c. $1200) a month and didnt get out from under it for a few years. Now the good times are rolling again and I earn several multiples of that but I've never really changed my lifestyle. Every now and then I splash on something nice (got a new fancy laptop over christmas) but I could have a pay cut back down to similar levels and still cope just fine. I thought it was lovely at the time but being forced to realise that I don't really need all those fancy new toys or a Starbucks 3x a day because I had to live without them really was a blessing in disguise.
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Mar 10, 2016 09:02
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Got slapped with a $1500 car repair bill this week. It's my A/C and I'm in Texas, so I'm going to need it. Luckily, I took in a roommate about 5 months ago, and the added cash flow has made this bill relatively painless because all of his rent has been going straight to savings and investments this whole time. It's a shame he'll be moving out in a couple months, because it's worked it really well, he helps take care of my dog when I go out of town, and he adds very little wear and tear to the house.
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Mar 10, 2016 13:54
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Moneyball posted:I think this is actually my favorite graph of mine:  Big jump is when I replaced my old car with the current one.  Now on to pay down some student loans.
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Mar 11, 2016 22:59
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Some nice progress over the last 9 months.
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Mar 11, 2016 23:34
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Awesome job, Moneyball!
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Mar 11, 2016 23:52
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I checked my accounts on Mint the other day for the first time in months and I officially have a positive net worth. 
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Mar 22, 2016 19:53
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Just killed off the smaller of my two student loans. $1300 left on the other. Also got approved for a card with 3% fee and 0% APR for 18 months on balance transfers, so I'm moving over $5.1k of cc debt that's >23%. Hoping to renew a now-complete freelance contract that brought in an extra $400/mo, wish me luck.
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Mar 25, 2016 02:47
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davmillar posted:Just killed off the smaller of my two student loans. $1300 left on the other. Too late, but the Chase Slate card offers something like 15 months 0% APR on balance transfers and no balance transfer fee if you do it in the first 60 days.
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Mar 25, 2016 03:26
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Moneyball posted:Too late, but the Chase Slate card offers something like 15 months 0% APR on balance transfers and no balance transfer fee if you do it in the first 60 days.  I half-heartedly tried to do this with that Slate card before, but I was stupid and careless.But recently I read the zaurg thread in the goldmine and it was a good wake-up call for a bunch of my bad habits. Most of my credit cards are now emergency-only and hidden behind hard-to-move furniture. The other two are for specific things that are cash-back-heavy and get paid in full each month. I've swapped eating dinner out every night for more cooking at home (my BBQ chicken brings all the boys to the yard) and fewer, way more focused shopping trips. I've unsubscribed to a few monthly box things that no longer bring me enough joy to justify their cost and my continued debt. The world has not ended from any of those changes and I am less than a year away from being debt-free. (Edited for spelling.)
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Mar 27, 2016 02:01
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 Positive net worth woo! George H.W. Cunt fucked around with this message at 03:24 on Mar 29, 2016 |
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Mar 29, 2016 03:20
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Nice! I'm right behind you! Edit for 03/30: According to Mint, I am worth $13.93!!  Granted, they count my paid off 2014 Hyundai as property, and thus an asset, but I suppose in a pinch, I could sell it and be about even. I know cars are not assets. It's just exciting to see a positive net worth! Moneyball fucked around with this message at 13:46 on Mar 30, 2016 |
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Mar 29, 2016 04:35
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Congrats on the positive net worth. It's a major milestone that I like seeing around here. I'm finally looking at my first refinancing on my house. Interest rates have dropped a couple of percent since I purchased so I'll be changing half of the mortgage to a 15 year repayment term which should only lead to a minor increase in my current payments. Still waiting on feedback as to what my mortgage broker will come back with, but it is good to know that I'll pay less interest and the proportion of interest in my payments will decrease rapidly from now on.
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Mar 30, 2016 22:05
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Wife got a surprise 10% raise. She didn't have to ask for it and it wasn't even part of a formal review. Wife be killin' it.
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Mar 31, 2016 00:04
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Devian666 posted:Congrats on the positive net worth. It's a major milestone that I like seeing around here. I did this a few years ago. We went from 5.75% (30yr) to 3.375% (15yr) and my payments went up about ~$80 or something.
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Apr 4, 2016 13:42
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Finally pulled the trigger and started up a Roth IRA. I've had $10k sitting in a savings account for "emergencies" and decided to start making some of that earn more than .5% interest. 
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Apr 5, 2016 01:08
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Opened a ROTH IRA and put $5,500 in for last year. Puts my current retirement at $52,000 in Vanguard stuff and ~$50,000 in my pension. Feels pretty good. Could probably put my 2016 $5,500 in now but I am going to wait since I may be pushing up against the limits and have other stuff I would like to do with the money.
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Apr 5, 2016 05:43
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Arbitrary goal time: my off-budget YNAB accounts are now net positive! Barely.
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Apr 5, 2016 13:08
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Keep up the good work, goons!
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Apr 5, 2016 18:25
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BossRighteous posted:Wife got a surprise 10% raise. She didn't have to ask for it and it wasn't even part of a formal review.
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Apr 5, 2016 19:15
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overdesigned posted:Arbitrary goal time: my off-budget YNAB accounts are now net positive! Congrats! I still have quite a ways to go before I can say that 
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Apr 6, 2016 01:18
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Feels good to have another debt down, and now I have an extra bit going to other loans to try and snowball those down. Hope to have all the non mortgage and credit cards gone in 3 years maximum, 2 years possibly with next years taxes being thrown at the debt.
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Apr 12, 2016 02:11
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Quit my job and came back after the new job wasn't working out for me (new company was a mess and I hated the work). They gave me a 7.5% raise when I came back and moved me to a position that I had wanted for quite some time. Also have been managing to save quite a bit of money over the past year:  Only reason I was down last month was because I bought a $1200 plane ticket to France. Should get a decent bump in money this month due vacation payout at my most recently quit job, and working a bunch of overtime at the first employer I just returned to getting up to speed (and HR being a bunch of idiots and not being able to start me as salary in the middle of a pay period, so I had to work hourly, so of course I'm going to work as much as I can). GAYS FOR DAYS fucked around with this message at 13:15 on Apr 14, 2016 |
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Apr 14, 2016 13:05
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Okay I'm cheating a little because I'm counting about $1000 of IRA appreciation, but I'm finally down to under $10,000 in the red. I started the year ($24,400) so it's been some nice progress. Credit card debt has been creeping up, and some CPA exam registration fees are going to push that up higher, but my interest accruing debt has been slashed to $19,500 from nearly $35,000.
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Apr 22, 2016 14:29
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I have an off budget e-fund so technically I've been rocking rule 4 for a while, but after moving to a new place that is approximately 50% cheaper, I am now budgeting a full month ahead inside of my on budget accounts.
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Apr 22, 2016 15:27
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I'm now splitting rent with another person, which is saving me about $600/month. Even better, after tremendously cocking-up my credit in my early 20s, my score is almost at 700. I have to dispute some credit report items, but I also got my first unsecured card ($2000 CL) six months ago and have been using it responsibly. I took my first salaried job at the beginning of the year, and am socking away about 35% of my take-home pay to dump into student loans and an emergency fund. For the first time in my life, I have some semblance of financial security. YNAB has been instrumental.
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Apr 22, 2016 16:36
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My 30th birthday was yesterday, and I decided to finally open a Roth IRA.
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Apr 25, 2016 04:54
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As of this past Friday, I am no longer Navient's bitch. I am, however, still the bitch of Citi, Chase, Discover, and CapitalOne. But... soon.
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May 3, 2016 04:27
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I FINALLY paid off my last loving dollar of credit card debt. My credit score is just around 700 (after a low of 520, c2012) and I have two unsecured cards now. The last derogatory marks will fall off my report in mid-2018. YNAB seriously made it all possible. Now, I've got student loans to tackle -- they're in forebearance for another 10 months. I own my car outright, and don't have any other outstanding debt. For the first time, I'm actually planning my financial future instead of scrambling to keep up.
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May 3, 2016 16:27
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Bitchkrieg posted:I FINALLY paid off my last loving dollar of credit card debt. That's loving awesome man! Congrats. It's so much easier to sleep at night without having to worry about how you're going to manage to pay bills!
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May 4, 2016 01:00
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Way to go man! Good luck on finishing out the student loans.
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May 4, 2016 03:25
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I bought a car off a retired guy who barely drove it about a month ago for half of what I'd had saved for a car. Going to dump the rest into paying down ~25% of my student loans.
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May 4, 2016 16:46
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I just made the very last payment on my car loan, 3 months before it would have hit the 5-year term, thanks to debt snowballing (that I implemented somewhat late in the game). As of this moment, I now have $0 in ongoing debt!  
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May 18, 2016 22:39
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PurpleButterfly posted:I just made the very last payment on my car loan, 3 months before it would have hit the 5-year term, thanks to debt snowballing (that I implemented somewhat late in the game). As of this moment, I now have $0 in ongoing debt! Awesome
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May 19, 2016 00:01
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BossRighteous posted:Wife got a surprise 10% raise. She didn't have to ask for it and it wasn't even part of a formal review. I got a 16% raise this month too. Since last year our income has gone from $52k to $135k. 
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May 19, 2016 18:13
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IllegallySober posted:Awesome Thanks! Going to up my retirement savings game next month 
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May 19, 2016 23:38
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Sold my house yesterday. Paid off my student loans today. Paying off my car probably Friday. Debt free and moving on to new big things.
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Jun 2, 2016 01:21
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spwrozek posted:Sold my house yesterday. These are great achievements. I can't wait to eventually be free of (house) debt.
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Jun 2, 2016 01:45
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My wife and I reached a combined net worth of $100K Now that she's out of school this should really take off, too.
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Jun 4, 2016 13:33
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