Well of course I’m into this.
2010
I was in college. Net worth hovered from $0 to $1000 – I had not college debts because of my scholarship but I perpetually spent any money I happened to make on food that was NOT dining hall food. I didn’t even have a credit card, which was a saving grace because I would NOT have been responsible with it.
Rent: Free, because it was paid for by scholarship $$. I want to say it was worth about $10k in value for the semester so $1000 a month? Which is honestly kind of awful for half a room in buffalo…
Giving: Oh god I don’t even know. I know I tended to throw money at random charities on impulse but I didn’t track at all.
Saving: Lol. I think one of my summer internships automatically enrolled me in something, because I had like $1000 or something in TIAA from that time when I actually started trying to figure out my net worth.
My annual income: Let’s see, I had a summer internship and was a TA. Probably like $4k? I don’t know. I didn’t even track. I was just good enough with money to not go into debt only because I thought getting a credit card without a real job was impossible.
I worked two jobs: As an intern over the summer and as a TA throughout the year.
2020 – note debts and assets have to be considered split with husband.
Net worth is ~$450k with the paid off house, $130k without.
Rent is… nothing. My house is paid off. So I’m in the same place here, lol. I guess if you count insurance & property taxes as “things I need to pay to stay in my house” it’s ~$400/month.
Annual Income: $120k personal $265k household (yes I know it’s ridiculous).
Work: Full-time mid-to-senior software engineer.
Debt: $35k solar loan and $19.5k on a car. I have a lot of credit cards but I pay them off every month. Credit score is like 790 at last check.
Saving: Maxing out 401ks and putting 85% of take-home pay to debts, which will go to investments once paid off.
Giving: Still sporadic and unorganized and unknown as in college years and needs to be improved.
2030 Goal
Net worth is 7 figures.
Annual income is unnecessary, but happens occasionally from hobbies or work I want to do. I think it would be cool to be making $1000/month from stuff I want to do.
Saving: I want to save half of whatever we make from annual income.
Giving: Since I don’t expect to be making money, I want 10% of our annual spending to be giving, which should fit in our 4% rule.
Living in the house I have now, but with no lawn, ten years of growth in fruit trees and berry bushes and perennial veggies, a privacy fence, with fuzzy animals and a 6 year old gallivanting around, and without the awful carpet and with cabinets and counter tops that aren’t literally falling apart.
Debt: Never again.