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Q3 goals: 1) maintain good relationship while living with inlaws for 2 weeks it was quite pleasant actually 2) move around w/out killing each other success!! 3) move around without spending more than $1,500 on this stupid process bigly success, it cost us just under $500
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Aug 31, 2020 16:25
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August update 2020 Financial Goals:
2020 Personal Goals:
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Aug 31, 2020 19:32
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What exactly do you want to do for your sleep habits? Phone away at a certain time? Getting to bed by a certain time?
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Aug 31, 2020 19:55
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Doccykins posted:End of July: End of August: - No consumer debt - £83.5k Pension - £7.5k ISA - £109k NW  Found a place on Saturday that we really liked and put an offer in
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Aug 31, 2020 20:01
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2020 Financial Goals (August Update) I've revised all of my 2020 goals to be a bit simpler and reachable considering the current environment (in addition to simplifying my overall strategy). Goals for 2020: - Increase emergency fund / cash to $25,000 - currently exceeded, but just barely. - Save 15% of our gross income into tax advantaged accounts (9% into my 401k, max out my IRA, remaining into my wife's IRA) - on autopilot - Pay off my wife' car - Done Current assets are: $25,194 in cash (7/31 was $33,638, paid off my wife's car and paid for our vacation in August) $67,002 in taxable investments (7/31 was $60,658) $421,667 in property (real estate and vehicles) / (7/31 was $435,148) $109,890 in retirement accounts (401k + Roth IRA's) / (7/31 was $102,020) Total = $623,753 (7/31 was $631,664) Current liabilities are: $2,543 in credit card (paid off every month) $771 on iPhone upgrade program $257,707 on my mortgage (@3.75%) Total = $261,021 Net Worth = $362,732 (7/31 was $366,059) (+$49,432 YTD / - $3,327 from 7/31) Most (all?) of this drop is due to the decrease in the estimated value of my home. If I run the same calculation, omitting all property, then I was + ~$9,500 for August 2020. 2020 Personal Goals - Take two consecutive weeks of vacation. I am very fortunate and have 7 weeks of PTO, which I never actually use. Took a full week in August. Need to use ~23 more days this year with nothing planned at the moment. - Do 100 consecutive pushups. Currently at 15. Haven't really focused on this at all, probably still around 15 - 20. UPDATE: Working from home has resulted in me doing at least 50 pushups a day between work tasks. - Read 50 books. Read 53 in 2019, but I still feel that 50 is enough. Read 4 books (Clean Hands, The Total Money Makeover, The Rich Employee, Complete Guide to Software Development) in August, I will probably end up reading ~60 books this year Sock The Great fucked around with this message at 21:29 on Aug 31, 2020 |
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Aug 31, 2020 21:24
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moana posted:What exactly do you want to do for your sleep habits? Phone away at a certain time? Getting to bed by a certain time? I have a time to go to bed and time to wake up in mind. On weekdays, I'm usually pretty good about meeting those times - largely because I have to get the kids ready in the morning, so they can get to daycare/preschool on time. It's the weekends when I really screw up. Staying up late to catch up on work or other things that I couldn't get to during the week, and then sleeping in the next day. I know that consistency is very good for sleep health, but I can never keep it because of aforementioned weekend behavior. I know that having young kids randomly waking me up in the middle of the night isn't conducive to good sleep either. Perhaps my goal isn't realistic, and I should shift it to something easier to achieve - "Make sure the kids are never late to school because I couldn't wake up in the morning" (which I'm definitely meeting).
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Aug 31, 2020 21:49
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Late edit: I forgot I did my tax a while back! I only got $20 back (though isn't getting $0 back the ideal scenario?) but it also meant the money the gov takes from each paycheck for my university loan actually got put towards the loan, which I forgot about. No effect on the bank balances, but the debt decrease upped last month's net worth by $3K, so I went 81->88->90, after rounding. Maybe I can reach six figures before 2021 after all! uvar fucked around with this message at 08:39 on Sep 2, 2020 |
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Sep 1, 2020 09:46
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Good-Natured Filth posted:I have a time to go to bed and time to wake up in mind. On weekdays, I'm usually pretty good about meeting those times - largely because I have to get the kids ready in the morning, so they can get to daycare/preschool on time. It's the weekends when I really screw up. Staying up late to catch up on work or other things that I couldn't get to during the week, and then sleeping in the next day.
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Sep 1, 2020 19:48
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These posts are getting shorter and shorter as I complete or give up on goals (or just have nothing new to say).
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Oct 1, 2020 07:44
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Q4 Update: 2020 Responsible Goals: - Max 401k (Just registered, let's see how it jibes with my expenses) On Track - Max ROTH IRA (DONE) Have $5k set aside so far to dump in on Jan 1, will get to max by Dec - Invest what I can now that my potential down payment/emergency fund is stable I've been keeping too much money in cash in the event I or someone I care about needs a buffer - Spend < $50/mo on alcohol In this economy? Typically more like $80-100 - Spend < $40/mo on games Bumped this up to $60 because I spend less than 10 hours a week outside my apartment 2020 Fun Goals: - Go on a vacation Absolutely nixed for this year. On the plus side, I'll have 4 weeks going into next year, and my yearly leave is being increased to 6 weeks, so I'll have pleeeenty of time to not take vacation next year. - Pick up a new hobby Getting better at cooking 2020 Non-Financial Goals - Get to the gym 3+ times per week Failed miserably - Keep up with personal log failed miserably - Furnish new apartment (Need: New Couch, entertainment unit, dining set. Want: 2 new rugs, shelving. Chores: Hang all wall stuff, curtains, finish unpacking misc still-boxed items) Hung a bunch of stuff, got the new couch and dining set. 1 extra rug to go, nixing the shelving because I don't need more room to store junk
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Oct 1, 2020 14:44
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2020 Q3 Update: Current State -  - My student loans: 170k, eligible for PSLF in 3 years. Currently 0% interest, no payments until - - Mortgage on a 15 year fixed at 3% - Emergency Fund Funded. Financial Goals for 2020: - - - - Put at least $6k/month in to a taxable account. Upped this to $7k/month, and have been on track since the beginning of the year/through COVID so far. - - Continue maxing out our 401ks/457s - On autopilot - Continue maxing out our HSA - On autopilot - - End of the year goals: - Continue saving as above - Thank my lucky stars we've been doing okay this year Residency Evil fucked around with this message at 16:56 on Oct 1, 2020 |
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Oct 1, 2020 14:52
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Doccykins posted:End of August: End of September - No consumer debt - £ 83.5k Pension - £ 7.5k ISA - £109k NW Absolutely treading water with the finances because I'm growing a large cash position right now, plus on a personal goals win we managed to get away at the start of September for a whole two weeks in Italy (Naples/Capri/Sorrento/Ravello/Rome) It was  because all of the tourist traps were empty and I feel so much better having had a definitive 'I am not reading emails' Out of Office and not worrying about the pennies for the whole thing. The offer got accepted (after the third attempt), which is why the long term financial goals are treading water because I need cash to paint my house with!! On the long road to exchange/completion
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Oct 1, 2020 15:02
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Sept Update 1. Increase net worth from 173k to 205k. 189.7k 2. Increase emergency fund from 12k to 14k. 13.5k As noted previously, I elected to have my drainage system redone. The work just finished yesterday, so I'll be receiving the other half of the bill... imminently. ~3.3k will be taken out of here. 3. Contribute $3.1k to Roth IRA. $2360. On track. 4. 1.6 extra mortgage payments made. 5. Pay an average of 25% extra on each car payment through 2020. Averaging 33% extra per car payment. 6. No non-auto or mortgage debt in 2020. Yep. Pretty ho-hum month other than the drainage work.
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Oct 1, 2020 16:47
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cheese eats mouse posted:I sold a bike and had some good fortune on the work end so I paid an extra 2,000. My credit score went up ~12pts in July. October Starting CC balance: $1,674 Medical debt: $897 Consolidation Loan: $3800 Student Loans: $17902 Emergency savings: $5703 of $6k goal for EOY Retirement: $11,205 of $13,100 (300/m) Going to concentrate on the CC balance and increase my IRA to 500/m, which will end my year. Next year will be keeping my 401k contribution at 10% of salary, attempting to max my 2020 IRA before April, the last of the consolidation loan, and maxing 2021 IRA. My credit score is now in the lower 800s. Don't really care anymore about it. Still need to take care of my records and record player and I have one last grouping of furniture to sell in my downsizing.
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Oct 1, 2020 20:53
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September update 2020 Financial Goals:
2020 Personal Goals:
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Oct 2, 2020 00:45
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2020 Financial Goals (September Update) I've revised all of my 2020 goals to be a bit simpler and reachable considering the current environment (in addition to simplifying my overall strategy). Goals for 2020: - Increase emergency fund / cash to $25,000 - currently exceeded, but just barely. - Save 15% of our gross income into tax advantaged accounts (9% into my 401k, max out my IRA, remaining into my wife's IRA) - on autopilot - Pay off my wife' car - Done Current assets are: $30, 410 in cash (was $25,194 on 8/30) $64,991 in taxable investments (was $67,002 on 8/30) $428,430 in property (was $421,667 on 8/30) $108,672 in retirement ( was $109,890 o n 8/30) Total = $632,503 (was $623,753 on 8/30) Current liabilities are: $6,420 in credit card (paid off every month) $711 on iPhone upgrade program $257,215 on my mortgage (@3.75%) Total = $264,346 Net Worth = $368,156 (was $362,732 on 8/30) (+$55,337 YTD / + $5,424 from 8/30) Most (all?) of this drop is due to the decrease in the estimated value of my home. If I run the same calculation, omitting all property, then I was + ~$9,500 for August 2020. 2020 Personal Goals - Take two consecutive weeks of vacation. I am very fortunate and have 7 weeks of PTO, which I never actually use. Took a full week in August. Need to use ~23 more days this year with nothing planned at the moment. - Do 100 consecutive pushups. Currently at 15. Haven't really focused on this at all, probably still around 15 - 20. UPDATE: Working from home has resulted in me doing at least 50 pushups a day between work tasks. - Read 50 books. Read 53 in 2019, but I still feel that 50 is enough. Read 3 books (My Life in Advertising, The Three Body Problem, and The Dark Forest) in September, I will probably end up reading ~60 books this year
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Oct 2, 2020 02:16
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After a lovely Q2 and an okay Q3, Q4 should be ballin. 2020: 1. Double mortgage principal payment. Probably will do as lump at EOY 2. Increase 529 contribution by 50%. On track 3. Save 40% of gross between retirement and taxable. Don't stress about saving any more than this. should happen Non-financial: 1. Work less. so far so good 2. Find some sort of fitness goal, maybe hire a personal trainer. good enough 2b. Now that the holidays are over, stop eating sugary poo poo. lol 3. Cut down on social media at home. good enough though homeschooling is screwing this up
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Oct 21, 2020 14:47
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2020 Financial Goals (October Update) I've revised all of my 2020 goals to be a bit simpler and reachable considering the current environment (in addition to simplifying my overall strategy). Goals for 2020: - Increase emergency fund / cash to $25,000 - currently exceeded. - Save 15% of our gross income into tax advantaged accounts (9% into my 401k, max out my IRA, remaining into my wife's IRA) - on autopilot - Pay off my wife' car - Done Current assets are: $33,317 in cash (was $30,410 on 9/30) $66,252 in taxable investments (was $64,991 on 9/30) $430,270 in property (was $428,430 on 9/30) $108,453 in retirement ( was $108,672 o n 9/30) Total = $638,292 (was $623,753 on 8/30) Current liabilities are: $8,976 in credit card (paid off every month) $650 on iPhone upgrade program $256,715 on my mortgage (@3.75%) Total = $266,841 Net Worth = $371,451 (was $368,156 on 9/30) (+$57,120 YTD / + $3,295 from 9/30) In the process of refinancing my mortgage, so I am carrying a bit more cash than usual to cover closing costs. 2020 Personal Goals - Take two consecutive weeks of vacation. I am very fortunate and have 7 weeks of PTO, which I never actually use. Took a full week in August. Need to use ~15.5 more days this year with nothing planned at the moment. My employer has offered to buy some time back from me, so I should cash an unexpected $3,000 check sometime before the end of the year. - Do 100 consecutive pushups. Currently at 15. Haven't really focused on this at all, probably still around 15 - 20. UPDATE: Working from home has resulted in me doing at least 50 pushups a day between work tasks. - Read 50 books. Read 53 in 2019, but I still feel that 50 is enough. Read 3 books (Death's End, The $100 Start Up, and Wherever You Go There You Are) in October, I will probably end up reading ~60 books this year [/quote]
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Oct 30, 2020 21:05
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October update 2020 Financial Goals:
2020 Personal Goals:
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Oct 31, 2020 20:17
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Nov 1, 2020 09:46
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2020 Financial Goals (November Update) I've revised all of my 2020 goals to be a bit simpler and reachable considering the current environment (in addition to simplifying my overall strategy). Goals for 2020: - Increase emergency fund / cash to $25,000 - currently exceeded. - Save 15% of our gross income into tax advantaged accounts (9% into my 401k, max out my IRA, remaining into my wife's IRA) - on autopilot - Pay off my wife' car - Done Current assets are: $28,506 in cash (was $33,317 on 10/30) $76,641 in taxable investments (was $66,252 on 10/30) $445,039 in property (was $430,270 on 10/30) $122,671 in retirement ( was $108,453 on 10/30) Total = $672,857 (was $638,292 on 10/30) Current liabilities are: $4,861 in credit card (paid off every month) $1,398 on iPhone upgrade program $263,092 on my mortgage (@2.99%, closed on a refinance this month) Total = $269,351 Net Worth = $403,506 (was $371,451 on 10/30) (+$55,029 YTD) Passed a pretty significant milestone this month. Since keeping up with the Long Term Investing and the Financial Goals thread (started 9/2018) I have increased my net worth (not counting real estate) by more than $100,000; if I count the appreciation on my home then it's over $130,000. All of these gains are only on paper, but I know I am on the right track.
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Nov 30, 2020 22:11
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Technically the way I've been doing things, this is my update for December, and the last one for 2020. Except obviously December just started. I imagine this thread will stay open long enough for me to post my "January 2021" update that actually finishes the year. I sold the last of my shares. The stock market has already gone up more since I did, but I was getting increasingly anxious about coronavirus and the economy and all that stuff, plus they'd already gone up enough over the year+ I had them, so whatever. (I didn't touch the retirement account of course.) Nice to not have to worry about it, my monthly 'net worth' spreadsheet is so fast to update compared to when I started it, nine accounts down to four.
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Dec 1, 2020 08:48
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Doccykins posted:End of September oh god I missed an end of October update as well  End of November - No consumer debt - £85k pension - £8k ISA - £115k NW Good god buying a house is a painfully drawn out process, should be completing on Friday 11th though
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Dec 1, 2020 11:15
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November update 2020 Financial Goals:
2020 Personal Goals:
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Dec 2, 2020 04:19
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2020 is almost over! Alive and socially starving. This loving year.Potrzebie posted:Goals for 2020:
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Dec 3, 2020 10:45
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moana posted:2020 Goals And I finished my pet project novel, woo  but seriously gently caress this year, can't wait for it to be over.
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Dec 4, 2020 06:46
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2020 Q4 Update: Current State - - My student loans: 170k, eligible for PSLF in 3 years. Currently 0% interest, no payments until - - Mortgage on a 15 year fixed at 3% - Emergency Fund Funded. Financial Goals for 2020: - - - - - - - - - - Continue saving as above - Thank my lucky stars we've been doing okay this year Really, I just want to genuinely thank everyone here that has posted over the past few years. Ever since I've been doing these posts, my wife and I have been on a fairly aggressive debt payoff strategy for her med school loans. With the help of this forum and having a strategy that we've been able to stick to, I'm happy to say that our net worth has shifted from being negative hundreds of thousands of dollars to finally crossing a pretty meaningful threshold over the past few weeks. Thank you everyone. Residency Evil fucked around with this message at 17:22 on Dec 6, 2020 |
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Dec 5, 2020 19:17
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cheese eats mouse posted:October Starting December CC balance: $1,056. My Amex card is now shredded. Medical debt: $691 Consolidation loan is about $3k? I need to get my account with my old credit union unlocked cause I forgot my PW. There's a lot of friction causing me to slack on this. So I'll make it my last goal for December Student loans: $17452 Emergency savings: $5500. I need to get this back up Retirement: $13,421 of $13,100. I'm halfway to maxing my 2020 Roth. Will end the year at about $14,500 saved. Credit score is at 819 Sold the furniture! Records and record player are next. Best part of this year was this. Now that I see what I can do I'm really starting to change my mindset. I also paid off 20k of debt so now I don't have that debt to siphon away my savings. 
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Dec 10, 2020 18:07
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I apparently never posted in the beginning of the year. But I blew what would have been those goals out of the water. In January, my goals would have been:
Here's what happened
Feels pretty good.
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Dec 12, 2020 17:32
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for a 30% raise
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Very nice!
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Dec 12, 2020 17:36
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Original goals 2020 Financial: Max 401k - yup, got about $13.5k in matching money too so this was success Max IRA - success Max wife IRA - wife did not get new job so did not have any taxable income, but we did put $8k in taxable instead Wife get new job no sad  Move to new city lol no New goals post covid: 1a) Don't die success 1b) wife don't die either success 1c) don' t kill each other success 2) Keep Job Success. success kept job, no raises or bonuses but we did get our deferred salary paid back. didn't lay anyone off despite being down ~40% in rev YoY. 3) Go outside every day not success but getting most days at least 4) Do some inside non-screen hobby every day not Success very much not success unless we count exercise and household chores. 5) Run 3-4x week success, getting 3-4 days week of exercise although a lot more indoor exercise 6) wife graduate and not go insane success although hard right now as job search is very frustrating... she is doing good and i am proud of her perseverance and spirit! at one point we had a NW goal and I haven't really been tracking against that, but we be crushin up like 200k over prior year, which would feel good if it wasn't a reflection of the horrible inequality of the us economy!!! new goals for 2021 will be interesting.
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Dec 13, 2020 17:31
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End of 2020 Update 1. Increase net worth from 173k to 205k. 202k. Close! I can't believe my net worth is over 200k! 2. Increase emergency fund from 12k to 14k. 14k. Goal met! 3. Contribute $3.1k to Roth IRA. $3.1k. Goal met! 4. 2.1 extra mortgage payments made. Goal met! 5. Pay an average of 25% extra on each car payment through 2020. Goal met! 6. No non-auto or mortgage debt in 2020. Goal met! A better year than I expected!
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Dec 28, 2020 20:21
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2020 Financial Goals (December / Year End Update) I've revised all of my 2020 goals to be a bit simpler and reachable considering the current environment (in addition to simplifying my overall strategy). Goals for 2020: - Increase emergency fund / cash to $25,000 - currently exceeded. - Save 15% of our gross income into tax advantaged accounts (9% into my 401k, max out my IRA, remaining into my wife's IRA) - on autopilot - Pay off my wife' car - Done Current assets are: $38,738 in cash (was $28,506 on 11/30) $79,950 in taxable investments (was $76,641 on 11/30) $454,483 in property (was $445,039 on 11/30) $129,583 in retirement ( was $122,671 on 11/30) Total = $702,754 (was $672,857 on 11/30) Current liabilities are: $5,090 in credit card (paid off every month) $1,398 on iPhone upgrade program $262,497 on my mortgage (@2.99%) Total = $268,926 Net Worth = $433,828 (was $403,506 on 11/30) (+$75,312 YTD)
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Dec 29, 2020 22:15
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EOY update Not a bad year, all things considered. 2020 Financial Goals:
2020 Personal Goals:
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Dec 31, 2020 15:28
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What a roller coaster of a year. I was doing alright, and then at the end of the year my company got acquired and our stock options were paid out. Then, they gave me a very sizable (to me) deal bonus worth mid-5 figures. That obviously changed some things and put me in a much, much better position to start the new year.Omne posted:1. No new consumer debt. COMPLETE. Managed to avoid new debt. We used zero percent interest offers every now and then, but tended to pay them off super quick. Omne fucked around with this message at 16:47 on Dec 31, 2020 |
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Dec 31, 2020 16:43
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Remembering that this isn't USD:
What about the goals I dropped along the way?
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Jan 1, 2021 02:49
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Doccykins posted:2019 achieves End of Year 2020 - No consumer debt - Pension pot grew from £83k to £87k - ISA grew from £4k to £8k - NW increased from £100k to £117k -Started running in January, Stopped running in April, stupid pandemic (says the guy who has noone to blame but himself) -We managed to get out to Italy in September for two weeks when the coronas were subdued which in hindsight was extremely lucky. Ask me about seeing the Sistine Chapel/Colosseum/Pompeii without any crowds  We closed on December 18th in the end, got a van full of our worldly goods and escaped London right as the net was dropping for tier 4, which bought us a whole week to try out new furniture... But we are in! And managed to have Christmas here with turkey for 2! If you said to me I'd own a house and will be spending the vast majority of my working and living time in it at the end of 2019 I absolutely would not have believed you but here we are! It's been a rollercoaster ride but super happy with our little home On to 2021!
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Jan 1, 2021 14:10
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End of year 2020 Financial: - Maintained zero debt other than mortgage since July 2018 - Maxed Roth IRA $6k for second year in a row - Maxed 401k $19.5k for second year in a row - Retirement savings accounts finally increased past 1 year salary from 59k to $97k - NW increased from $186k to $238k - Spent only 56.5% of income, a new record low. Other: - Developed healthy financial discussions and plans with gf who moved in with us this year. Opened joint checking which we contribute agreed upon amounts each pay period to cover certain household expenses. - Maintained sanity and productivity while working from home while assisting kids with school from home 3 days per week. Has been challenging at times. - Did not reach 1000 miles running, got to 810. Blaming injury. - Taken a more responsible attitude towards personal health, got up to date on all checkups with PCP/Cardiologist/Dermatologist/Dentist/Orthopedic, with continued annual/bi-annual visits scheduled. Bring on 2021
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Jan 1, 2021 17:52
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2020 was overall a good year financially. Wife started a decent temp job that looks promising for transitioning to full time. She had been working part time at a fairly lovely job. NW increased from 11.6x annual expenses to 15.6x. My goal is to go full bore until I get to ~19-20x and then recalibrate. This year's goal are: - Max out both of our Roth IRA (already submitted) - Max out my 403b - Max out my 457 - Transition wife's job from temp to full time One personal goal is to have our first kid. Don't know how this will interact with the job goal.
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Jan 1, 2021 23:06
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I figure it's time for a new thread so I just went ahead and made one: https://forums.somethingawful.com/showthread.php?threadid=3953704
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Jan 2, 2021 02:19
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