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SaltLick posted:2016 New goal: Quitting job March 31st and hiking the Appalachian Trail. -Savings goal: 10,000 for when I return from trip jobless -AT Goal: Budget 6,300 for trip.
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# ? Aug 23, 2016 22:00 |
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# ? May 16, 2024 17:44 |
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Update time!quote:Monetary Goals: Potrzebie fucked around with this message at 13:53 on Aug 29, 2016 |
# ? Aug 29, 2016 13:50 |
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August update inline. It wasn't a great month, but the fact that a not great month still means paying big chunks of the loan and losing some weight is really encouraging. Paid off our last =5% student loan, now everything is 4.25 or 3.15!! Bought a car also, details inline.Grumpwagon posted:Major goals
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# ? Aug 31, 2016 18:39 |
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overdesigned posted:1) Get emergency fund up to 10k (adding 6500) End of August update: 1) Dipped into then repaid, so still at $10k. Still a month ahead in YNAB so I'm not cheating either 2) Still contributing $950/mo. At this rate won't hit the $18k cap this year but will break $50k in the account which I guess is an acceptable un-stretch goal. 3) Paid $680 on this, down to $2350 remaining. Should have no problem hitting the goal by end of year. 4) Added $500, up to 1750. Can't slack on this or I won't make it, stretch goal also not happening at this rate. Of note, this was the first month where I overspent in YNAB. Normally I can do some massaging and fuckery to hide evil red numbers but this time I couldn't (or, well, I hit my limit of what I'd accept)...so yeah, overspent by $5.24. Shame, etc. Generally, losing my roommate has sucked, and going back to spending $400-500 a month on travel to see my fiance also sucks (for the finances, not for anything else though).
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# ? Aug 31, 2016 21:28 |
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CaptainRat posted:
I hit positive net worth in July, and am still on track with paying down my debt. My boss is getting me involved in a new project at work that will hopefully lead to a title bump (and maaaaybe a raise? we'll see) so at the very least my job is secure. I did a cheat week during a deload because I was feeling run down from eating at a calorie deficit for so long; I had a little spike in weight and spent a little more on food than normal (covered from other budget categories) but once I went back to the lower calorie level I was at before I dropped down to my lowest weight in a long, long time.
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# ? Aug 31, 2016 23:38 |
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Goals: 1. Raise my net worth from $55k to $70k. $65k. Whoa! Maybe I will hit this one! 2. Pay off $5.4k of my car loan, which has $6.6k remaining. $4480/$5400. I'm going to murder this goal. 5. No credit card debt. On track.
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# ? Sep 1, 2016 03:16 |
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Nothing changed really. Again. 2016 Goals (Aug. update) - - - - - Move most of the funds in our checking account to appropriate interest-accruing vehicles - - - - - Take a vacation Heading to a cabin in the Smokies next week! - Release two iPhone apps Stretches - - - Pay off my car (~12000 @ 2%) -
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# ? Sep 5, 2016 16:24 |
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Went to quote my August update and somehow edited it. Dang it. Anyway: August was a good month. In addition to the below, I paid back a loan not accounted for when these goals were made for $2,000, and paid my brother $1,250 for his half of the Jetta which also occurred after the goals were established. Down to two debt accounts! IllegallySober posted:IllegallySober's 2016 Financial Goals (AKA Operation: Freedom) September and October will be spent working a lot of football games so that the check I get for it in December will account for 50% or more of the student loan bill. Plus, the more I work, the less I spend. Goal 4 is looking like a 2017 goal at this juncture.
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# ? Sep 7, 2016 07:37 |
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Sorry about your gf / congrats about your gf
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# ? Sep 7, 2016 15:24 |
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C-Euro posted:Original post. Haven't bothered to post in a couple months but since then I have- Paid off everything except my car and student loans (#1) Saved up the $2500 I promised my parents for this year (#4) Not only bought the plane ticket for #5, but came in $600 under what I had budgeted Managed to do an overnight getaway with my wife (#11) I even opened up the website for my previous employer's 401k, maybe next time I post I'll have actually moved it into my new one! Feels good man.
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# ? Sep 19, 2016 00:03 |
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Not a Children posted:DESIRED ACCOMPLISHMENTS:
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# ? Sep 21, 2016 15:42 |
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what's in the liquor cabinet
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# ? Sep 21, 2016 15:42 |
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pig slut lisa posted:what's in the liquor cabinet
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# ? Sep 21, 2016 16:46 |
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pig slut lisa posted:what's in the liquor cabinet Handles of: Hendricks, Titos Fifths of: Olmeca Altos (I refuse to splurge on tequila), Sailor Jerry, Dimple Pinch Beer of: Shiner Prickly Pear (12 pack), Lagunitas Little Sumpin' Sumpin' (6 pack), Weyerbacher Blithering Idiot (4 pack) Wine of: Red, white (2 bottles each)
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# ? Sep 22, 2016 18:23 |
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I have one bottle of angry orchard cider, one bottle of leffe brown, and two bottles of chartreuse, one green and one yellow.
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# ? Sep 23, 2016 02:38 |
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Not a Children posted:Handles of: Hendricks, Titos I like the way you do wine
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# ? Sep 23, 2016 03:44 |
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All I have is one bottle of Black Absinthe. One of my goals was not to have lots of bottles of spirits everywhere (so I drink them).
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# ? Sep 23, 2016 04:03 |
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overdesigned posted:1) Get emergency fund up to 10k (adding 6500) End of September update: 1) Dipped into then repaid, again, still at 10k, again, still a month ahead, again. Gonna try and break this habit this month. 2) Still contributing $950/mo. Gonna hit my $50k balance un-stretch goal barring any big market crashes. 3) Paid $450, down to 1950, on track to finish this with my December 1st payment. 4) Added $250, putting me around $2500. Stretch goal is laughably not happening. This month I ended up buying airfare for Columbus Day to do some wedding planning/engagement photography and also Thanksgiving, so I overspent a little bit, again. Good news is that I got really really great deals on the tickets, and shouldn't be buying any more airfare until Christmas (which looks to be cheap as well). Still confident I can get $1500 more in the wedding fund by the end of the year and hit that goal. COOL THIRD QUARTER YTD STAT THAT MAKES ME FEEL GOOD: Net worth increased by about $30,000 so far!
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# ? Sep 28, 2016 18:35 |
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Boy, this investment is sure to grow and make me FIRE any day!!
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# ? Sep 28, 2016 21:15 |
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adorable chubby babby Mine ended up with an extra $700 in pediatrician visits and $750 for a tongue tie release, and that's just the first month. I decided to quit working and semi-retire when she came along, but I'm thinking I might go back to work in five or ten years. We'll see!
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# ? Sep 29, 2016 02:33 |
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babieeeees Goals: 1. Raise my net worth from $55k to $70k. $66.9k. 2. Pay off $5.4k of my car loan, which has $6.6k remaining. $5080/$5400. I think I'm going to pay the car off by the end of the year. 5. No credit card debt. On track. Go me! spinst fucked around with this message at 14:09 on Sep 30, 2016 |
# ? Sep 29, 2016 02:52 |
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September update inline. Boring month. Wife got a small raise, we stayed in line in all categories.Grumpwagon posted:Major goals Grumpwagon fucked around with this message at 14:50 on Oct 1, 2016 |
# ? Oct 1, 2016 14:47 |
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dreesemonkey posted:Half year update 3rd quarter update 2. Save for a bathroom remodel (approximately $4000) - Have ~$2100 saved, but aforementioned scope creep is making us reconsider. 5. Stretch goal: Make additional $1200 principal-only payments on our mortgage - Up to $700, probably won't be much/any more this year due to priority changes. Priority changes: 1. Saving for a new vehicle for me for next year at this time. Looking for a gently used fullsize truck in the $25k range, hoping to have to only finance about half of it. So far saved $3300. 2. Our well may need re-drilled at some point ~$4000 (have this in emergency fund when the time comes) 3. Neighbor mentioned maybe being interested in selling the small parcel of woods next to our house (probably ~.5 acre). Would love to buy it, but who knows how serious he was and if we're talking the same ballpark financially (hoping for the "several thousand" range).
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# ? Oct 3, 2016 19:25 |
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Moneyball posted:2016 goal: Be worthless* 1: Abandoned for 2016 2. Paid 3. Down to $2,000 or so. Should be done by November 4. Done 5. Done with 6.8% loans with the next payment. The rest is 3.15% Still haven't gotten a new job or finished the CPA, but I'm voluntarily leaving my full time job soon to focus on studying. But best of all is.. I'm no longer worthless! Though some may consider that debatable. I am a positive $3,086, up from ($24,400) in December.
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# ? Oct 4, 2016 12:54 |
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A few minor updates. 2016 Goals (Sept. update) - - - - - Move most of the funds in our checking account to appropriate interest-accruing vehicles - - - - - - Release two iPhone apps Stretches - - - Pay off my car (~12000 @ 2%) Made a couple chunk payments. It's down to ~4000. -
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# ? Oct 5, 2016 03:06 |
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2016 Goals 4) Remodel kitchen & front yard (Budget ~30k for both in Ally savings) - If it's okay with goons, changing this to redoing the front and back yards. Back yard is almost complete at only ~700 dollars worth of work (materials, free labor from me), front yard is going to be 1.2k to take lawn/ivy out and then around 2k of materials with my free labor. 5) Research local charities/causes and make a meaningful donation - Nothing so far Stretch Goals 2) Generate side income - Nothing so far I'm off contract for work and probably not going back until sometime in November, so I'd prefer to not do the kitchen right now and sit on the cash (just in case), but instead use my free time to do the work on the yard myself since I wasn't going to be working anyway. As soon as I get a contract I'll re-evaluate kitchen plans. Also thinking about doing solar panels, probably next spring, which will be 15-20k.
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# ? Oct 5, 2016 22:40 |
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Putting this in writing so I can hit this goal and hopefully next year's: 2016: Get student loan payments down from $1304.62 to $1200 per month. Bad napkin math (85 months left * 104.62) shows about a $9000 overpayment needed by the end of the year. This is only doable with a lot of butt-clenching. 2017: Maintain $2400 per month on the loans. Put all overtime towards loans with a goal of reducing the payment to $970 per month. Why $970? More bad math shows this would allow me to continue paying the loans off with double the monthly payment while automating contributions to a Roth IRA.
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# ? Oct 6, 2016 14:12 |
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2016 isn't a sunk ship by any means, but my timeline for goals is more appropriately 2017, so I'm going to get them down in writing. 2016: 1) Pay off 1 credit card in full. 2017: 2) Pay off all credit cards in full. 3) Pay off private student loan. 4) Max both 403b. 5) Get to full contributions on 529. 6) Safety fund to $10,000. 7) Pass boards - get raise. 8) Don't buy new car until MBA paid in full. 9) Increase (our) net worth by $100,000. EAT FASTER!!!!!! fucked around with this message at 17:40 on Oct 6, 2016 |
# ? Oct 6, 2016 17:25 |
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Original Post | First Quarter Update | Second Quarter Update | Third Quarter Update | End of Year Update Retirement Savings Goals
I feel positive that we would have hit the stretch goals without the buyout, but it's nice to have the means to blow by them. House Savings Goals Goal $9,000 | Stretch goal $15,000 | To-date $45,000 As above, we were able to greatly exceed the stretch goal thanks to the proceeds of the sale of my partnership share Resolve family partnership issues and improve tax withholding situation Goal: Be on track to exit partnership in 2017 | Stretch goal: Exit partnership by the end of 2016 | To-date: We're out! We got out, and that's great. Meanwhile, my total bitch of an aunt finally mailed us the personal effects from my grandma's house that were left to us. Mailed them...without any packing materials. I'm talking scratched paintings, shattered Waterford crystal, literally 60 pound boxes full of broken poo poo. Whatever. We're no longer legally connected to her impending financial trainwreck of a life. Get my parents to update their will I've had some minor conversations, but no major progress. No gambling in my home state Still good on this so far, and didn't go to the casino on my recent trip to Seattle/Rainier, so I expect I'm good for the whole year. Stop applying for credit cards after July Haven't applied for anything since July, and the last round of bonuses have posted. Next year we're taking a three week trip to Asia using first class on ANA, Korean, and Cathay Pacific. I was also able to book economy Korean/JAL roundtrip for my friend to join us for a week in Korea. All of this for points earned from bonuses. What a system! 2016 is going great so far!
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# ? Oct 7, 2016 05:01 |
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Down to four figures in total debt for the first time since going back to school in 2011. Getting my CC utilization down to where it is now will probably boost my credit score in to the 700s for the first time ever. Not that it matters because I'm not buying a house any time soon, but it's nice. Thanks, BFC!
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# ? Oct 7, 2016 14:21 |
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KGJr Goals 2016 Edition Still have weird cashflow, so some goals to be executed by Jan 1 2016, the rest during the year. I need to be more accountable to my year end goals. Before Jan 1 During 2016 Max 401k to take advantage of absurd match - $18k. I have set my contribution amount to support this. on track Save $6k towards house down payment Done! Don't move out of current apartment while keeping rent increase under $100/mo Signed new lease with $50/mo increase Don't get married / have kids so far so good Take a cool vacation vacation executed successfully Additional 2016 goals: Put $1000/mo in to the house fund Put $500/mo in to taxable brokerage. Stretch goal: net worth of $175k (including retirement, excluding checking) at end of year. May: $140.5k. End of June: $142.7k End of September: $150.8k I would like to do this without the bonus but that seems a bit unlikely at this point. Still, it'll happen with my end-of-year bonus structure Post bonus goals - bonus should be at least 25k after taxes Set aside $5,000 for vacations Max IRA Set aside $5,000 for moving next year Put remainder in house fund Buy a case of Yamazaki 12
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# ? Oct 7, 2016 16:58 |
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I didnt post at the beginning of the year because my only goal was to reach 100K net worth and that was so far away it seemed impossible
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# ? Oct 10, 2016 18:30 |
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Crossposting from the credit card thread: I mentioned in the financial goals thread that my wife and I have booked a trip to Asia next year using miles for first class on ANA (Chicago to Tokyo), Korean (Tokyo to Seoul to Bangkok), and Cathay Pacific (Bangkok to Hong Kong to Chicago). I received a couple PMs asking about this, so I figured I'd write a summary to show people what's possible. NB: there are definitely plenty of people out there who have done more than I have in less time! My wife and I have received about 40 credit card bonuses since February '14. This number is a little misleading, however, because we started very slow. I applied my for my first card in Feb '14, my second in Oct '14, and it wasn't til Jan '15 that we started moving more quickly. I'll also note that 24 of these are mine, while 16 or so are in my wife's name. Here is a list of cards I've received bonuses on, as well as the application date, active/cancelled, and any notes: code:
Our credit scores have consistently hung around the 760-780 range (depending on bureau) and we've never had a late payment, carried a balance, or paid an annual fee we didn't mean to. I met the minimum spend on these with a combination of natural spend and manufactured spend. Our combined natural credit card spend is maybe a little north of $2,000/month, so some MS was definitely necessary. Spending outside of natural spend included: -Using Serve to reach at least one Amex minimum spend (Personal Plat I think) and generating additional spend until Serve shutdown in Jan '16 -I had a good fee-free MS loop going for a while in mid-'16 where I would buy a Visa gift card on giftcards.com, load it to my Serve at Walmart, and then pay off my CC with Serve. Unfortunately the fee-free nature of this loop was eliminated in late '16. -Right when my Serve got shut down, I discovered a fee-free source of Reloadits in my area. This was clutch for meeting the minimum spend on my Amex Gold Biz. I bought Reloadits at the grocery store for no fee, loaded them to a Meijer prepaid debit (run by PayPower, I think), and paid off my CC from there. The grocery store stopped stocking Reloadits right after I finished this minimum. -As the president of my co-op board, I occasionally have the opportunity to pay for large building expenses on credit cards -In Spring '16, I did the VGC->Money Order loop a few times at a 2% cost, strictly to meet a couple minimums -I met one bonus by funding a Citigold checking account, which itself carried a 50,000 AAdvantage bonus. Hell of a time getting the bonus and closing the account, though I eventually got out after filing a CFPB complaint There are definitely people who go way harder at this stuff than I do, know better MS methods, etc. More power to them! For me, the overriding goal was to keep it easy. I always expanded slowly, only trying out one new MS method at a time. I also always left myself an out in case an MS method dried up. The only time I've really ever had to scramble was when my Serve got shutdown right as I was facing a huge Amex minimum spend, but fortunately I found the Reloadit path a couple weeks later and it lasted just long enough for my needs. My wife and I are planning on applying for a mortgage in Spring/Summer '17, so we're not applying for any new cards til then. We may just wait til July '18 so that we have a two year gap since our most recent credit card applications. We still are swimming in more points than we could use by then, so I don't feel like I need to rush. It's been fun!
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# ? Oct 11, 2016 04:29 |
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pig slut lisa posted:1/16 Amex Gold Biz Active Opened under fictitious consulting business name; will cancel at year No issues with this?
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# ? Oct 11, 2016 05:44 |
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Moneyball posted:No issues with this? I'm a solo practitioner who just opened my business earlier this year, but gosh darn it I just can't seem to find any clients! e: The worst case scenario is that Amex bans me for life from all their products and takes back my remaining 70,000 MR points, but this is exceedingly unlikely, especially since I don't MS on this card anymore. The Biz Gold is a charge card, not a credit card, so Amex is very loose with its approvals. pig slut lisa fucked around with this message at 06:15 on Oct 11, 2016 |
# ? Oct 11, 2016 06:01 |
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Nail Rat posted:Q3 Update: Changes in goals due to surprise divorce after only 14 months. GWM (that it didn't come later), BWL (that I now have to work through all this emotional baggage)? I dunno. -$15k to 401k. -$4000 to IRA. -Max HSA. -Pay off personal loan. -Finish year with over $10,000 in savings. Next year will be better, I hope. Just trying to keep some cash aside for paying her off so she doesn't go after my 401k or HSA.
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# ? Oct 24, 2016 22:48 |
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Nail Rat posted:Next year will be better, I hope. I hope so too, dude. That is awful. Best of luck working your way through everything.
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# ? Oct 25, 2016 14:05 |
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Nail Rat posted:Changes in goals due to surprise divorce after only 14 months. GWM (that it didn't come later), BWL (that I now have to work through all this emotional baggage)? I dunno. That sucks, man. Best of luck with everything.
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# ? Oct 25, 2016 16:47 |
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^^^ sorry about your troubles bud Spooky Halloween / Belated Q3 update Goal 1: Now fully complete! Allocation looks like dis: pre:| % in rIRA | % in taxable Bonds | | 9.7% US | 63.0% | Intl | | 22.6% REIT | 4.7% | ----------------------------------- Total | 67.7% | 32.3% and will look more or less similar moving forward except for some US being added to the taxable account as necessary, since my tax-sheltered space maxes out very quickly. Goal 2: I officially got scarried and it's great! Did you know that in PA you don't need an officiant, you can marry ya own drat self? Thanks Quakers! We performed our dark ritual in the middle of the woods in Sept, standing in a stream, with almost nobody else around... we are forest-loving hippies and she doesn't like drawing a ton of attention to herself either so it was absolutely perfect for us. Then we went and visited some family to celebrate. Suffice to say no wedding debt was incurred Goal 3: Achieved since Q1 and we still love the h*ck out of our house Goal 4: Save 40% of my salary invested as long-term savings. Stretch goal: save 60% of my salary. Fully on track for 40% and see no reason I won't hit it, probably not going to hit 60% but w/e
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# ? Oct 25, 2016 20:56 |
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# ? May 16, 2024 17:44 |
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Nail Rat posted:Next year will be better, I hope. Ugh. Hope everything goes well, man.
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# ? Oct 26, 2016 19:43 |