Comments on: My Net Worth After Laboring For 37 Years: $659,786.34

By: J. Money

J. Money — Tue, 19 Sep 2017 15:09:29 +0000

In reply to Zoran @bankactivities. I wouldn't change a thing financial-wise, but LIFESTYLE wise I totally would: I'd have become WAY more minimalist right off the bat and started designing my life around *freedom* vs just going with the flow and hustling and chasing money so much once I got a taste of it. I'm super thankful for how things have ended up thus far, but even just starting a year or two earlier could have catapulted my mindset even farther. The money is nice, but the freedom and happiness is nicer!! :)

By: Zoran @bankactivities

Zoran @bankactivities — Mon, 18 Sep 2017 11:42:45 +0000

After 37 years, what would you differently if you had the chance? What advice would you give to the 37 year younger you in order to improve your net worth?

By: SC

SC — Sun, 17 Sep 2017 17:25:55 +0000

I made the same mistake on my car loan a long time ago. I think it would be worth your while to see if they will reamortize your loan. As if is you are a year ahead, you’ve prepaid that extra interest and you can’t get it back. Worst they could do is say no.

If they won’t, then I would stop paying your car loan until your next payment is due. Use that money to your benefit for the year.

By: J. Money

J. Money — Mon, 11 Sep 2017 14:52:10 +0000

In reply to EL.

Hah – thanks! Although I wish it was from *only* tracking it, haha… I’d be tracking every second of the day in that case :)

By: J. Money

J. Money — Mon, 11 Sep 2017 14:51:32 +0000

In reply to Aby.

Her TSP funds aren’t generating 12% returns, it’s just that the amount she’s *putting in* right now is 12% more than last month :) Plus/minus any returns… (she’s just begun investing in it this last year, which is why it skews so high and is noticable)

As for the funds she’s in though, she’s actually 100% in the Lifecycle Fund L 2040 I believe (it’s one of those years). I personally wouldn’t be as conservative with it, but it’s her $$$ and makes her feel more comfortable so it’s a Lifecycle all the way :)

By: EL

EL — Fri, 08 Sep 2017 18:14:11 +0000

IT seems like so long ago, you only had 400K, now look at you all grown up. Congrats J. it really is a testament to tracking it.

By: Aby

Aby — Thu, 07 Sep 2017 14:33:20 +0000

Wow , I love this spreadsheet. Pls do you mind sharing the your TSP funds by allocation . 12% return is

By: J. Money

J. Money — Wed, 06 Sep 2017 21:14:08 +0000

In reply to Owen @ PlanEasy.

Today was day #2 and apparently the “best day ever” according to my kid, so as much as I miss him, it’s good to know he’s enjoying it! :) I think it’s always harder on us than them, haha…

By: J. Money

J. Money — Wed, 06 Sep 2017 21:12:52 +0000

In reply to Diane. Yikes! Better than all 3 in daycare at least?! :) I do NOT miss shelling out $2,000+ a month for my two boys, that's for sure...

By: Owen @ PlanEasy

Owen @ PlanEasy — Wed, 06 Sep 2017 16:52:17 +0000

The lifetime wealth ratio is a neat idea! I’m a bit scared to see what mine is. No where near ‘marry me’ territory I’m afraid.

Hope your kids first day of school went well! We’re a year away from that. My wife is already tearing up thinking about it. Its going to be an emotional day a year from now.