Category: Net Worth Update

I feel like I say this every time, but time is flying and money is piling up. I know this gravy train will temporarily come to an end with the next recession, but for now I am LOVING it! Seeing my money compound so fast is still crazy to me. It’s been 8 months since I hit $150,000 while in Thailand on my 10,000 day of life and here we are with 33% more. Just stupid. This has been caused by the high stock market as well as my salary being higher than I anticipated because of bonuses and investing more as a result. My goal for the end of 2017 was to have a net worth of $200,000 and we’re already there with 3 months to spare. I thought this was going to happen on my birthday in 2 days when I receive my paycheck, but instead the market has been on a rampage and I’ve reached my year end goal with 3 paychecks and approximately $22,000 left to invest this year. Just madness. We’ll see how I feel if stocks crash before the end of the year :), but for now I’m floating on a cloud. It’s time to set a new goal.

I feel like we were just here celebrating $150,000 net worth. It was only 3 months ago. Money is compounding stupid fast it seems. As of today I have $177,746 in net worth thanks to my last paycheck and the stock market hitting a new all time high. $175,000 seemed impossible when I started seriously saving and investing 3 years ago. I kind of can’t believe it. Going from leaving college with $5,000 to my name to now doesn’t even seem real. Having 25% or 1/4 of my retirement net worth goal at the beginning of the year and now having 33% or 1/3 is crazy. I feel incredibly grateful that I was able to learn the power of saving and investing early and can’t wait to see what the rest of the year will bring. My goal for the end of 2017 is to have $200,000 in net worth. If the market holds steady that seems doable. I’m half way to my goal of investing $60,000 this year and simply investing the rest will push me past that $200,000 goal. That number also doesn’t feel real. Oh well: Let’s do this.

While I was on vacation in Thailand I hit my 10,000th day of being alive. That went quickly! The market was also at an all time high and I hit $150,000 in net worth. WOAH. I expected that to happen when I got my next paycheck in March, but the rampaging market made it happen sooner. I started the year 2 months ago with $137,000 and we’re already at $150K with only 1 paycheck under my belt. I almost can’t believe it and I know it won’t last: the market will drop, maybe this month, maybe this year, maybe in a few years – I have no idea, but it will and I will see myself lose maybe half of my savings. Watching it grow in this current market and feeling that satisfaction will hopefully get me through that darker time. But in the meantime I will celebrate :). This was my first vacation where I had no job stress to think about. I even deleted my work email from my phone. I believe I am 1500 days (or less) from retirement and living life on my own terms. Bring it!

Despite not having a job for four and a half months I now have $125,000 in net worth. It seems like yesterday when I was anticipating having $100,000 in March and I already have 25% more. I’m starting to see the beauty of compound interest in just that fact. For the time I was funemployed I was making about $30,000 a year and my savings still increased a ridiculous amount. A part of it was market returns (about $10,000), but the other $15,000 was not – and I didn’t save or put any money into the market in that time. It’s just wild. I’m so excited for the next milestone. Bring it.

As of February 26, 2016 at 26 I now have $100,000 in assets. It seems like a special number and I’ve been excited for this milestone for a while. 1.5 years ago I was wandering aimlessly, spending money frivolously (I think), but not enough by American consumerist standards. I had accidentally accumulated $50,000 in assets – mostly in my 401K, which had been compounding behind the scenes.

Now I am here with $100,000 and I can’t even believe it. On to $1,000,000 :).

I am loving watching my net worth grow. I loved it before saving money was my main goal. That’s one of the reasons I love Mint.com. I can go back and see my money grow from $5,000 when I left college (from hoarding $20 bills in high school and not spending basically anything in college) to a new milestone: $60,000 as of today. Not only is this intoxicating to watch and the reason I now look forward to pay days with a childlike glee, but the mere fact that I achieved $50,000 net worth in November and have increased my net worth 20% in 3 months is insane. And so exciting. It gives me a high I can’t describe. Maybe this is what shopaholics feel right after a purchase. I have no idea, but it’s a fantastic feeling. Continue reading “My Addiction: Increasing Net Worth” →