Share your MM successes/ brags/ whatever

[suzyp]

I paid off my student loans last month. Original balance of over $100k. Been paying for 17 years and more than the minimum for the last 10, but still paid about 40% of the original balance in 2020. (Thanks to a raise, larger bonus, and COVID).

[melmel48]

I got a new job with a higher salary. I was able to increase my retirement contributions and have paid down about $1,500 in debt so far!

[ohgillian]

Jan 10, 2021 18:06:27 GMT -5 melmel48 said:

I got a new job with a higher salary. I was able to increase my retirement contributions and have paid down about $1,500 in debt so far!

Congrats - both on the new job and for making smart choices with the increase. 

[dr.girlfriend]

When we were eligible for Roths, I kind of considered Roth investments to be "gambling" money -- I put mine in "safe" stuff like index funds and target funds, but I put DH's in individual stocks that I thought would do well. My biggest success is Tesla...I bought it at $50 per share and it's at $880 right now. But most of the other ones I bought have increased between 50 - 100% as well.

[lolalolalola]

I just realized that last year I made the most I have ever made in a year, and 20% more than 2019.

They are doing a big re-org at work and I am really hoping I get a promotion. I could also get laid off if they give that job to someone else instead of me... so crossing my fingers!

[melmel48]

Jan 10, 2021 19:06:06 GMT -5 ohgillian said:

Jan 10, 2021 18:06:27 GMT -5 melmel48 said:

I got a new job with a higher salary. I was able to increase my retirement contributions and have paid down about $1,500 in debt so far!

Congrats - both on the new job and for making smart choices with the increase. 

Thank you! It feels so good!

[protozoa]

Maxed both IRAs and 401(k)s for the first time.

[tcu2003]

I was promoted to Principal, so got a big (to me) raise effective 1/1, and also get to become a company shareholder. That will be retroactive to the 1/1 date, but I don't technically make the stock down payment until next month once all the paperwork is done, and they've finalized who is buying stock from which person selling.

[MrsE]

The last few months have been very successful on the MM front:

We refinanced and are saving hundreds of dollars per month on our mortgage.

We bought a new (to us) vehicle in cash last week to replace my 2004 that was totaled in October. It felt awesome to buy a vehicle as a cash buyer!

We finally completed our estate planning/wills, etc.

DD has a strong start on her 529 and she’s only 2.

I’m very thankful for all of the above, especially now.

[keweenawlove]

January is turning out to be expensive but for good reasons.

We started the refinance process on our house so I just paid the application fee on that. We've got about 26 years left on our mortgage and are dropping to a 20 year. Rate is going from 4.125% to 2.77% so our monthly payment is only going up $50.

We also put in our application for another adoption from Colombia. So we're going to be spending a lot of money in the next 6-12 months but for a good reason!

[keweenawlove]

Jan 10, 2021 21:15:13 GMT -5 dr.girlfriend said:

When we were eligible for Roths, I kind of considered Roth investments to be "gambling" money -- I put mine in "safe" stuff like index funds and target funds, but I put DH's in individual stocks that I thought would do well. My biggest success is Tesla...I bought it at $50 per share and it's at $880 right now. But most of the other ones I bought have increased between 50 - 100% as well.

I encouraged H to buy Tesla a few years ago because he's been the one to do all our individual stock buying. He bought it but it always made him nervous because that one's such a roller coaster. He sold it when we'd made a good profit, but about a month before it split and we would have made a ton. I've since made a Robinhood account and I'm taking the money I got from my most recent raise to be my monthly "gambling" money. 

[waverly]

We refinanced and have enough equity to add on the bathroom we had planned to do for about 10 years now.

Because of the refi, we didn't have to pay the mortgage for 2 months, so we were able to pay off debt.

We continue to save. Maybe I will increase my contributions this year.

We haven't really spent as much money as normal because of Covid, so we had some savings there. Except for the nanny expense which we wouldn't normally have and our funds are out on that, so it will have to come from the regular monthly budget now.