Goal Progress

Goal Progress

My goal (beginning February 15, 2016) is:

  1. to completely pay off the mortgage (currently $178,304) by the end of 2020 (see progress here)
    • balance of $148,800 by 12/31/2016
    • balance of $111,600 by 12/31/2017
    • balance of $74,400 by 12/31/2018
    • balance of $37,200 by 12/31/2019
    • zero balance by 12/31/2020
  2. to be completely debt-free and have a net worth of $1,000,000 by September 10, 2025, when I turn 40

After reading Mr. 1500’s goal page and Mr. Money Mustache’s reasons for proclaiming a goal publicly, I decided to be more specific about my goal. Hopefully, making the goal public will provide me with more motivation to achieve the goal.

Each month, I’ll update my progress here.

Primary Residence
Date Approx. value Mortgage Equity Investments Cash   Net Worth
2/19/2016 $320,000 $178,304 $141,696 $149,076 $21,000 $311,772
 3/18/2016 $320,000  $174,480  $145,519  $164,791 $23,512 $333,822 
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