Comments on: Net Worth Update: $298,449.90 (Up $13k!)

By: J. Money

J. Money — Wed, 29 Feb 2012 23:52:12 +0000

GOOD!! Every phase counts, my friend – and you have to start hitting them from the beginning :) So great work! I’ll go over now and check out your last update… keep it up!

By: Fifi

Fifi — Wed, 29 Feb 2012 19:07:17 +0000

J Money, you are so close! I’m getting pretty close to, although my current goal is slightly less than yours, about $300,000 less, but still a huge achievement compared to a year ago! Didn’t have a great month this month, but high hopes for March!

By: J. Money

J. Money — Sun, 19 Feb 2012 17:26:17 +0000

Excellent question. The answer is: “I’m just going with the flow” :) I tend to go in phases with where to put my money, and how much, etc, but as long as the money *keeps coming in* I think it’ll be a safe bet no matter where I end up storing it all. And life will change that too, like how we’re about to have our first baby this Summer. I’d much rather have too much cash in the accounts than the opposite problem ;) But for right now $100k seems to be a nice mark.

By: So Random

So Random — Sun, 19 Feb 2012 03:26:02 +0000

Question J: Do you have a cap on the cash savings amount? For example, will you do something differently once you get to 100k in that account or will you just continue adding to it?

By: J. Money

J. Money — Thu, 09 Feb 2012 17:23:58 +0000

@retirebyforty – Haha, okay will do – as soon as I post this up ;) Your brain is always thinking!
@Jen @ Master the Art of Saving – Yeah it is! Will be GREAT to see you there too and chill – I booked all my stuff too! :)
@Jeff Crews – You know it brotha. Hope things on your end is going well too :)
@StackingCash – Wonder no more –> $340,000 ;)
@Earn Save Live – Yeah, I guess they gotta go at some point, right? We literally thought last night was “the end” – but he somehow came through and is now feistier than ever?! Haha… we’ll take it for now, but the end is very very very near… just enjoying the last hours/days with him :)
@Mrs. Money Mustache – Hey, thanks! I keep meaning to put together a “total” progress chart, but just haven’t yet… I like looking back to see how things progressed too – pretty crazy how much happens in just a matter of a few years, yeah? I’m sure you guys are experiencing the same too :)
@Kaye – We’re def. gonna try and refi again here in the next few months if we’re allowed to (we just did it last year, but we’re too underwater for most banks). We went down from 6.875% though which was nice for now :) We’ll see tho! (And roger that on babies, I hope you’re right! :))
@KC @ PsychoMoney – Hey, no shame in that my friend. We all go through the phases – sometimes I WISH I could relax a bit more, but I keep reminding myself that in a hanful of years I’ll be a-okay and it’ll all be worth it ;) Plus I’ve been working a lot less these past 30-40 days or so now w/ Love Drop paused, so it’s been a nice change… We just do what we can, right?

By: KC @ PsychoMoney

KC @ PsychoMoney — Thu, 09 Feb 2012 15:31:49 +0000

@J. Money- I have to admit I have been relaxing a bit more lately and enjoying life. Passive income is more than enough to pay the bills. I am kind of in that complacent lately. I plan on buckling down more and working on the blog though going forward.

By: Kaye

Kaye — Wed, 08 Feb 2012 20:13:36 +0000

Looking good, J! Have you considered refinancing that first mortgage? You can get a much better rate than 5.5% right now (we’ve just locked in at 3.75%) that might save you some money even with your accelerated payoff plan. Just a thought. Looks like you’re rocking the financial plan though! And by the way…babies don’t cost nearly as much as some people think – especially if you don’t let baby stores tell you what are the “necessities.” Honestly, they require very little when they are tiny. =)

By: Mrs. Money Mustache

Mrs. Money Mustache — Wed, 08 Feb 2012 19:10:04 +0000

CONGRATS!! That is awesome progress! It’s fun how things start really compounding once you have more savings. I went back and looked at some of your other reports — impressive, my friend…

By: Earn Save Live

Earn Save Live — Wed, 08 Feb 2012 10:39:34 +0000

Congrats on your progress!

And I’m sorry to hear about your kitty. One of ours needed daily IVs last year, until we made the difficult decision to put him down. But we knew it was the right choice, his health was declining so quickly.

By: StackingCash

StackingCash — Wed, 08 Feb 2012 07:38:42 +0000

I’m curious what Zillow estimates your house to be worth…