Net Worth Week 18 – IRA Milestone Edition

My IRA made it to the $10,000 mark for the first time this week! My net worth is slightly more negative than last week due to a plane ticket purchase, but important growth is happening. It definitely makes me feel good. I am supposed to be mentally preparing for a big correction, which I do think will happen, that will drastically change the current value of my portfolio. However, these little victories feel like a balm nevertheless. I’ll take them.

My business included two client meetings and word of a potential client on the horizon. I hope it comes to fruition soon. There are really big expenses due at the end of the month, and I don’t want to pay from my own emergency fund.

My pain is still present, but it is altered. Reflexology and massage are helping a lot. The former is doing the most for my bones, and is cheaper than the latter. I’m still trying to get to maintenance mode and out of What the Devil Is Wrong mode, but this is looking up.

I still love Earnest and credit them with my ability to conquer some of this debt.

Date 7/22/16 7/29/2016 8/5/2016 8/12/2016
Joy 1099 1099 1100  1100
Travel 323 323 323  323
Down Payment  19 19 19 19
retirement  21 21 21 21
health  45 45 45 45
Moving  31 31 31 31
EF  2002 2002 2003 2003
Business  1 1 1 1
Bed  .29 0.29 0.29 0.29
Life  897 1796 1444 769
IRA  9908 9920 9984  10087
Brokerage  337 407 409  410
CC (largest)  -4791 -4791 -4791  -4791
CC (longest)  -529 -1095 -273  -295
Rewards Card  0 0 0  -273
SL 1  -102489  -102604 -102713 -102489
SL 2  -45115  -45168 -45217 -45115
Earnest  -8915 -8934 -8486 -8504
-$147156 -$146927 -$146099 -$146657
  -.32% change .15% change .56% change -.38% change

How are your retirements doing?

Author: ZJ Thorne

Lesbian on the path to Financial Freedom

  • Awesome milestone! Congrats! My Roth will cross the $50k mark next week. Slowly, slowly, slowly. I still need to figure out my 403(b). I’m glad you’re finding ways to manage your pain. Hope that keeps easing up, friend!

    • Thanks! Last year at this time, I didn’t have an IRA at all. I need to remember that when I am frustrated by my lack of major progress.

  • Vicki@MakeSmarterDecisions

    Nice work ZJ! We don’t even check our accounts at this point. We have things really conservatively placed, so there is little up or down movement. Just keep working your plan! (And hey – I even got your post today!)

    • I’m definitely looking forward to the day when I’m monitoring less closely. Until I get my debt more in order, I will use this as a learning opportunity.

      I’m glad you got the post properly.

  • Congrats on the milestone! The first $10K is the hardest, just like the first $100k is the hardest, etc.

    I’m not far away from reaching the $10k mark for my retirement account either.


    • It definitely felt hard, but it is getting me into practice.

      I am excited you’ll join soon.

  • Well done ZJ! $10k is a major milestone. It’s also the hardest. Next stop, $100k. Best wishes in your 10! Journey.

    • It felt hard! Thankfully, it also felt good.

  • Congrats on the milestone – and much luck with continued success going forward!

  • Congratulations! One step closer to retirement is a fantastic step 🙂

    • Super fantastic step. Thanks for the encouragement.

  • Mr. PIE

    You will be amazed how such steps will grow quickly. Don’t get down on yourself for doing what millions of Americans can’t do. That is save. Getting your savings on the right track is awesome and you should be proud of the steps you are taking. Keep being patient. Keep being happy. Keep being you. All the best for next month!!

    • Thank you for the encouragement and lovely thoughts. I’ll try to take your advice.

  • Congrats on the milestone, ZJ!

  • Congratulations, ZJ! That’s an awesome achievement! I’m also glad to know you’ve found some pain relief for your back. Are you considering therapy at all?

    • Thanks! What sort of therapy? Right now I’m ignoring my medical doctor, because I have not been able to replace her and she is worthless for this. Didn’t even examine me properly. Without a doctor’s cooperation, it will be hard to get a referral for anything and my insurance requires her to refer me to specialists. I’m paying for reflexology and massage out of pocket.

      • Physio? I have scoliosis (I really lost the health lottery when I was born) and I used to go to physio regularly and that helped. The good thing about it is that the therapist teaches you the exercise so you have the option to do it yourself should you decide you don’t want to do the therapy anymore. I found that pilates and yoga helped too.

        • Is that the same as PT? I just am having so much trouble getting my PCP to refer me out. Which is why I’m paying out of pocket for other stuff. I think PT and learning new ways of moving my body would be beneficial. So would pilates and yoga…