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Year end principle debt paid off: $26,453 Additional Savings (beyond 401k): $10,230 Feels pretty good. Hopefully 2014 will bring more of the same with more debt pay down, shooting for $35K.
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Dec 29, 2013 04:17
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Just got a promotion and a 10% raise. Hell yeah!
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Jan 3, 2014 17:21
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revengeanceful posted:Sent in the last payment for one of my student loans. Between my wife and I, we still have a lot of student loan debt to get through, but it feels really good to have one of them out of the way. Good job (we are in the same situation) and keep it up!
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Jan 15, 2014 05:35
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Did it when I bought my house to get a better package deal. They send you a check for whatever you have left.
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Feb 12, 2014 17:59
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4% raise and a 12% bonus. Super nice.
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Mar 4, 2014 05:21
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Sold my car today so I got an extra $1800 to play around with. Granted a bought a new car so not really ahead. Glad to not have 3 cars for 2 people though.
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May 14, 2014 03:27
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Pushed past $30k paid to student loans so far this year. On pace to get out from under them in 16 months (shooting for fast as I can though). 
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Aug 17, 2014 02:26
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Another student loan for the wife is gone. Woop.
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Sep 10, 2014 01:40
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$39,325 debt reduction as of the end of September. Always crazy when you actually sit down and look at it.
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Oct 28, 2014 04:14
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Under $40K now, Started year at $72K. 1 year and 23 days to get rid of them on my goal.
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Nov 6, 2014 02:18
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Another student loan is no more. 5 down on the year and 4 to go.
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Dec 9, 2014 18:37
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fuzzy_logic posted:How do you guys make such massive payments? I'm only managing to overpay by a couple hundred every month, but I also live in a really high COL area. I can't imagine how you send five thousand out the door in one month x_x Make a lot of money and try not to spend a lot of it. Before the situation I got in at the end of last year I would pay $1400 minimum on student loans per month. Then I would tally up how much I had left over each month and drop another $1-2K on them. It really is only possible due to high incomes though (or maddening frugality).
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Feb 17, 2015 07:32
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5.5% Raise, 14% Bonus, $3750 tax return. Base Salary is over 100K now
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Mar 4, 2015 02:52
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SpelledBackwards posted:Way to go! I jumped on a groupon for some ridiculous $1120 online PMP prep course marked down to $80. I figured even at that price if it's not that great, no huge loss. Gonna hopefully go through the modules soon and sit for the test later this year to get my cert. Trouble is that it won't be worth poo poo pretty much at my current company (MBAs and PMPs aren't really that useful in our R&D org, anyway), but if I go looking at other companies I can see it being extremely useful to have. If it makes you feel better the PMP is a worthless cert in reality that has somehow made itself an important part of various industries.
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Mar 13, 2015 01:01
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A lot of the construction industry, many utilities, a lot of the big civil engineering consulting firms, somehow it is even getting into the software engineering (based on a bunch of my friends). I know a lot of people who have taken the PMP and everyone thinks it is a big money grab and a joke. I mean you take a 40 hour class just for the right to take the exam. I know a few people who never have done any PM work who passed the exam. It is just pretty crazy.
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Mar 13, 2015 04:23
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Might as well. I see it turning into another MBA. Lots of people will get it thinking it will get them the job they want but realistically for many people you need to already have that job and it will get you to the next level. Might be a few years away but I keep seeing PMP on more and more signatures and many of them don't work in project management at all.
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Mar 13, 2015 20:05
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Spending...
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Jul 20, 2015 18:13
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Good day today. 6.78% Raise 14% Bonus Really can't complain right now.
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Mar 2, 2016 03:17
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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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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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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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Dwight Eisenhower posted:even $150k (tweaked the principle payment to get to it exactly) Nice job you nerd.
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Jan 5, 2017 01:39
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5.4% raise and a 14.6% bonus. Good times!
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Feb 28, 2017 05:13
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pig slut lisa posted:Congrats! Seems like a little bit of an odd time for a bonus...is it performance based or just good times at the firm or something else? It is just when my company does raises and bonuses. Raises always take effect 3/16 and the bonus is paid 3/11, 12, or 13 depending on which day is a weekend and such. They also put all of last years 401K match in last week. They told me my raise and bonus today though.
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Feb 28, 2017 05:44
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EAT FASTER!!!!!! posted:Also in the "contributions to thread" department, while it hadn't been "interest bearing" debt for a long time, this morning's paycheck was the final blow struck against credit card debt from when we were young, poor, trainees living beyond our means. Nice job! Has to feel ooooooohhhhh so good!
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May 1, 2017 23:35
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Just turned 31 and my retirement accounts just went over $100,000. now to get to $750K in the next 9 years.
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May 2, 2017 00:00
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Blinky2099 posted:Is $850k your FI number? Nice work. I'm at ~15%-to-FI as well and it feels good to be making real progress I am not really sure at this point. It is something I need to figure out but just haven't had the time. I know exactly what I have spent since 2013 so that is a starting point. Looking at the last year or so I would say I am living on about $4000 a month (taking out my saving). So that would be $48,000 a year, at a 4% withdraw rate that will put me needing $1.2M (kinda of ignoring taxes here so not exactly right). The hard part is figuring out the gap between retirement and being able to touch the IRA's and 401K. I started a taxable account this year and every raise I get the net is going to be added to the monthly amount I put in there. I started with $500 a month this year and want to bump it to $750 next year, then $1000, $1250, etc. I am trying to balance the saving and the still living and having fun. I mean I am not shy about spending money, my vacation spend to date will show that for sure. Obviously a lot to think about but just trying to move in the right direction. IllegallySober posted:How does one go about calculating their FI number? Figure out what you need to live on per month, multiply by 12 to get the yearly number, guess your taxes and add that in, figure out a "safe" withdraw rate (3-5%) by figuring out if you want your money to last right until your predicted death or longer, divide by that number, and that will get you there. If you plan to still work some (maybe consulting in your chosen career) it throws a wrench in things. It can be simple but it is also complicated. It is discussed in the Four Pillars and Bogelheads guide, both worth reading. KitConstantine posted:I have over 1000 dollars in my savings account for the first time ever (sad at 25 but whatever) and my car insurance dropped by 70 bucks a month! I do have retirement savings separate at least but still! Fixing my poo poo from loving up in college/having horrible depression is finally paying off! Plus over 600 in my checking without my next paycheck on Friday! At least I dont have any credit card debt either thank god Hey man, progress is progress. Great Job!
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May 2, 2017 05:25
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Nice job man! Having a roommate is killer in keeping the expenses down.
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Oct 7, 2017 16:09
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SpelledBackwards posted:My roommate/renter just told me he's buying a condo and moving out. It's been a good living arrangement over the last year. Gonna miss his dog and the cash flow, especially since I'm looking at getting my siding and windows replaced now. Time to get another one. I would consider buying again to make this situation happen (other then people loving up my knives and pans). I rent with my GF now which is really nice. My Ex bought me out of our house and moved back there recently and has 2 roommates. Her all in "rent" is $200 a month.
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Oct 7, 2017 19:54
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Higgy posted:Breaking my posting hiatus to share this news. My goal since I started working after college was to have 6-figures in retirement accounts by the time was 30. Checking this morning and I’ve tipped over that 100k mark 6 months prior to my 30th birthday. Feels good to finally see that number. Here comes the 30% market downturn in 5 months  Seriously though good job.
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Nov 14, 2017 00:44
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Keep killing it.
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Dec 28, 2017 01:03
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No Butt Stuff posted:Where are you getting almost 3% on a savings account? Seriously! Sounds like some hoops attached but maybe worth it. I thought 1.35% was good at Ally.
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Jan 29, 2018 18:04
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Higgy posted:posted: November 13, 2017 remember it is the long game.
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Feb 9, 2018 23:34
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Nice job. Going from (guessing here) 25-30K to 150-200K in 8 years is really impressive.
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Apr 13, 2018 05:40
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Still pretty awesome job!
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Apr 14, 2018 04:47
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22 Eargesplitten posted:The average raise at my current company was 2% last year, and not everyone got one. CoL in the Denver area went up by 3.5%. Our target based on how we did was 2.75% in February during the raise allocation. Some did better, others worse. I was looking around the net on COL and have a question that I can't seem to find an answer. They figure out all the prices and then build the index. All the US = 100, say Denver is 105, it is 5% more expensive to live here. Easy enough to understand. What is 100 though? $30K? $40K? $60K? Say it is $40K and COL goes up by 3.5% as you note, so now it is $41,400 that you need. So now you get a 2% raise, if you are maxing $40K, you are not keeping up. What about if you are making $80K? the 2% gets you $1600 which gets you $200 more than the COL going up. So what does 100 equal? Or does that not even matter?
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Jun 16, 2018 01:25
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Flambeau posted:In December I completed community college at age 31 with an Associates of Applied Science in Healthcare Management. The next day I started at a well-regarded, private mental/behavioral health group practice with about a dozen clinicians and 3-4 admin staff. Just 30 hrs/wk to begin, but after 2 months I got moved to full-time with salary and benefits (not a great package tbh, but it's a small place), and 3 months after that I got 13% raise. On Friday - exactly 6 months after I started - the office manager informed me that she was demoting herself to a part-time position and naming me Administrative Lead (with raise to be discussed Monday). Nice job! sounds like you have been working hard. Great to see it pay off!
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Jun 17, 2018 16:21
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freeasinbeer posted:Maxed out my brand new Roth for the year, and upped my 401k withdrawal so that it should max it out by the end of the year. If you are close to hitting the ROTH phase out what are you spending all that money on that you don't think you can grow your efund... holy buckets. I mean good job and all but that just blows me away.
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Jun 22, 2018 21:08
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Slowly and methodically budgeting and investing and my net worth (cash and stock) is over $250K now. A lot of that is variable as it is tied to the market but it feels good to watch efforts working over time.
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Jul 22, 2018 02:01
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| # ¿ May 5, 2024 15:07 |
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BAE OF PIGS posted:Came here to post that my net worth (cash and retirement accounts) is now over $50k and it feels nice to see that and you just have to one up me. Way to go. The nice thing as as you see it go up and just gets easier and easier to pump in that money. And the compounding gets better and better.
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Jul 22, 2018 19:55
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