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The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Financial Goals 2021: Voucher for one free mulligan inside
 
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spinst
Jul 14, 2012



 Mine tend to follow mostly the same format from year to year, but it's nice to write them down:


1. Raise net worth from 202k to 237k.

2. Increase emergency fund from 14k to 16k.

3. Contribute 3.3k to Roth IRA.

4. Pay off my car, which has 2.7k remaining.

5. Pay off Peloton, 2k at 0% interest.

6. Make 1 extra mortgage payment.

spinst fucked around with this message at 23:56 on Jan 3, 2021

* # ¿ Jan 3, 2021 21:52
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# ¿ May 14, 2024 03:31
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spinst
Jul 14, 2012



 January Update!


1. Raise net worth from $202k to $237k. $210k

2. Increase emergency fund from $14k to $16k. $14.2k

3. Contribute 3.3k to Roth IRA. $280

4. Pay off my car, which has $2.7k remaining. $2.4k to go

5. Pay off Peloton, $2k at 0% interest. $1,950 to go - these are on backorder, so I am making minimum payments until it arrives out of spite.

6. Make 1 extra mortgage payment. 0.1 extra payments made


In February, I'd like to get my DoorDash habit under control (no more than 5 orders).

spinst fucked around with this message at 00:17 on Jan 31, 2021

* # ¿ Jan 30, 2021 23:26
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spinst
Jul 14, 2012



 February Update!


1. Raise net worth from $202k to $237k. $213k

2. Increase emergency fund from $14k to $16k. $14.4k

3. Contribute 3.3k to Roth IRA. $560

4. Pay off my car, which has $2.7k remaining. $2.2k to go

5. Pay off Peloton, $2.1k at 0% interest. $1,960 to go - these are on backorder, so I am making minimum payments until it arrives out of spite.

6. Make 1 extra mortgage payment. 0.23 extra payments made

spinst fucked around with this message at 02:46 on Feb 28, 2021

* # ¿ Feb 28, 2021 02:41
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spinst
Jul 14, 2012



 March Update!


1. Raise net worth from $202k to $237k. $217k

2. Increase emergency fund from $14k to $16k. $14.6k

3. Contribute 3.3k to Roth IRA. $860

4. Pay off my car, which has $2.7k remaining. $550 to go

5. Pay off Peloton, $2.1k at 0% interest. $1.9k to go

6. Make 1 extra mortgage payment. 0.31 extra payments made



edit: I was originally saving up a large payment for the Peloton, to be paid when it arrived (hopefully this week). Instead, I decided to put that payment towards the car, since the car loan accrues interest and the Peloton doesn't. Looks like now only two more months to pay off the car, then I can put that monthly amount towards the Peloton. Neat!

spinst fucked around with this message at 21:18 on Mar 28, 2021

* # ¿ Mar 28, 2021 02:24
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spinst
Jul 14, 2012



 April Update!


1. Raise net worth from $202k to $237k. $221k

2. Increase emergency fund from $14k to $16k. $14.8k

3. Contribute $3.3k to Roth IRA. $1160

4. Pay off my car, which has $2.7k remaining. $270 to go

5. Pay off Peloton, $2.1k at 0% interest. $1.6k to go

6. Make 1 extra mortgage payment. 0.4 extra payments made


Super excited to pay off my car next month! It only has like 9k miles on it, so that (hopefully) means I won't have a car payment again for a very long time.

* # ¿ May 1, 2021 18:44
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spinst
Jul 14, 2012



 May Update!


1. Raise net worth from $202k to $237k. $232k (I allowed myself to add $5k in house value. Zillow, etc. tell me it has raised in value by $30k.)

2. Increase emergency fund from $14k to $16k. $14.8k (Vet bill this month.)

3. Contribute $3.3k to Roth IRA. $1460 contributed.

4. Pay off my car, which has $2.7k remaining. Complete! Car is paid off as of today. Feels good, man.

5. Pay off Peloton, $2.1k at 0% interest. $1,417 to go.

6. Make 1 extra mortgage payment. 0.51 extra payments made.

* # ¿ May 28, 2021 22:36
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spinst
Jul 14, 2012



 June Update!


1. Raise net worth from $202k to $237k. $237k! Completed June 2021! Guess I will need to add a stretch goal.

1a. Stretch Goal: Raise net worth from $202k to $250k. $237k.

2. Increase emergency fund from $14k to $16k. $14.5k. Falling behind here after a bunch of vet bills.

3. Contribute $3.3k to Roth IRA. $1760 contributed.

4. Pay off my car, which has $2.7k remaining. Completed May 2021!

5. Pay off Peloton, $2.1k at 0% interest. $992 to go.

6. Make 1 extra mortgage payment. 0.59 extra payments made.

spinst fucked around with this message at 17:05 on Jun 30, 2021

* # ¿ Jun 30, 2021 17:03
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spinst
Jul 14, 2012

Good-Natured Filth posted:


*This is my last week at my current employer. Then, I have 6 weeks until I start my next job (which will put me in an even better financial position than I am already fortunate to be in). I'll spend my little break doing a number of things: vegging out, personal projects, house projects, and family time. It'll be a nice little sabbatical before I get back to the grind.

Congrats!!

* # ¿ Jul 1, 2021 15:05
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spinst
Jul 14, 2012



 July Update!


1. Raise net worth from $202k to $237k. Completed June 2021!

1a. Stretch Goal: Raise net worth from $202k to $250k. $240k.

2. Increase emergency fund from $14k to $16k. $14.8k. Still behind, but working on catching up.

3. Contribute $3.3k to Roth IRA. $2090 contributed.

4. Pay off my car, which has $2.7k remaining. Completed May 2021!

5. Pay off Peloton, $2.1k at 0% interest. $767 to go.

6. Make 1 extra mortgage payment. 0.67 extra payments made.

Decided to re-finance my mortgage. It will lower my payments by 20% or so, with a break-even point of less than two years. Went for a smaller reduction in payment since I'm not sure how long I'm going to be in this house and I want be sure I come out ahead on the deal.

* # ¿ Jul 27, 2021 17:25
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spinst
Jul 14, 2012



 August Update!


1. Raise net worth from $202k to $237k. Completed June 2021!

1a. Stretch Goal: Raise net worth from $202k to $250k. $240k.

2. Increase emergency fund from $14k to $16k. $15k. Getting close to being caught up!

3. Contribute $3.3k to Roth IRA. $2390 contributed.

4. Pay off my car, which has $2.7k remaining. Completed May 2021!

5. Pay off Peloton, $2.1k at 0% interest. $567 to go.

6. Make 1 extra mortgage payment. 0.62

Refinancing process ends this week - technically no mortgage payments for Sept. or Oct., but will pay regardless. The appraisal came back 30k over my estimate. Insanity.

* # ¿ Aug 30, 2021 00:29
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spinst
Jul 14, 2012



 September Update!


1. Raise net worth from $202k to $237k. Completed June 2021!

1a. Stretch Goal: Raise net worth from $202k to $250k. $248k.

2. Increase emergency fund from $14k to $16k. $15.3k.

3. Contribute $3.3k to Roth IRA. $2690 contributed.

4. Pay off my car, which has $2.7k remaining. Completed May 2021!

5. Pay off Peloton, $2.1k at 0% interest. $327 to go.

6. Make 1 extra mortgage payment. 0.83

* # ¿ Sep 30, 2021 15:00
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spinst
Jul 14, 2012



 October Update!


1. Raise net worth from $202k to $237k. Completed June 2021!

1a. Stretch Goal: Raise net worth from $202k to $250k. $251k. Completed October 2021!

2. Increase emergency fund from $14k to $16k. $15.6k.

3. Contribute $3.3k to Roth IRA. $3020 contributed.

4. Pay off my car, which has $2.7k remaining. Completed May 2021!

5. Pay off Peloton, $2.1k at 0% interest. Completed October 2021!

6. Make 1 extra mortgage payment. 0.91 payments made.

Knocked off goals 1a and 5 this month! :toot: .25 mil net worth! :toot: :toot:

Should be able to knock off goals 3 and 6 next month.

spinst fucked around with this message at 01:30 on Oct 28, 2021

* # ¿ Oct 28, 2021 01:24
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spinst
Jul 14, 2012



 November Update!


1. Raise net worth from $202k to $237k. Completed June 2021!

1a. Stretch Goal: Raise net worth from $202k to $250k. Completed October 2021!

1b. Stretch Goal: Raise net worth from $202k to $265k. $259k.

2. Increase emergency fund from $14k to $16k. $16k. Completed November 2021!

3. Contribute $3.3k to Roth IRA. $3350 contributed. Completed November 2021!

4. Pay off my car, which has $2.7k remaining. Completed May 2021!

5. Pay off Peloton, $2.1k at 0% interest. Completed October 2021!

6. Make 1 extra mortgage payment. Completed November 2021!


Everything is done with a month to spare. Feels good, man.

* # ¿ Nov 26, 2021 20:11
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# ¿ May 14, 2024 03:31
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spinst
Jul 14, 2012



 End of Year Results!

1. Raise net worth from $202k to $237k. Completed June 2021!

1a. Stretch Goal: Raise net worth from $202k to $250k. Completed October 2021!

1b. Stretch Goal: Raise net worth from $202k to $265k. Completed December 2021! $267k. Insane.

2. Increase emergency fund from $14k to $16k. Completed November 2021! $16.2k

3. Contribute $3.3k to Roth IRA. Completed November 2021! $3680 contributed.

4. Pay off my car, which has $2.7k remaining. Completed May 2021!

5. Pay off Peloton, $2.1k at 0% interest. Completed October 2021!

6. Make 1 extra mortgage payment. Completed November 2021!


A good year.

* # ¿ Dec 22, 2021 20:09
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The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Financial Goals 2021: Voucher for one free mulligan inside