May I brag for just a minute?

[Anonymous]

Fantastic!!!

[Anonymous]

Guarantee over 50% of it is directly from her ex. This just proves she's good at selecting successful men.

[Anonymous]

Anonymous wrote:Guarantee over 50% of it is directly from her ex. This just proves she's good at selecting successful men.

This is the most positive thread I've ever read on DCUM, and then you came along. What a shame.

Anyways, congrats OP! Keep going, and definitely treat yourself!

[Anonymous]

Anonymous wrote:Congratulations, OP!

Do you mind breaking down how you did it? I mean, what your asset breakdown looks like? Just curious, if you're comfortable sharing.

Sure. All numbers are rounded a bit

$75,000 cash. That's a combo of $10,000 emergency savings sitting in a plain savings account and $65,000 in a rainy day fund for a job loss kind of thing-- almost a year of basic bills. That's in CDs that come up every 2 months.
$200,000 in home equity-- $450,000 home value says Zillow and a $250,000 mortgage.
$125,000 in stocks and mutual funds that I started investing in when I had a bit more money to save after retirement. And recently includes some stock options I received through work in my latest job.
$80,000 in a 529 for my son.
$550,000 or so in 401(k)s.

Never been married so none of it comes via an ex. Saving, trying not to spend, and a lot of good fortune. While I am proud of what I have done to get where I am in life, I also recognize how much of my 'success' is really the result of being lucky enough to have good health, a good mind, a healthy child, and a lot of lucky breaks.

Thanks again for the support, DCUM!

[Anonymous]

Anonymous wrote:Guarantee over 50% of it is directly from her ex. This just proves she's good at selecting successful men.

What made you think that? Because shes a single mom?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Guarantee over 50% of it is directly from her ex. This just proves she's good at selecting successful men.

What made you think that? Because shes a single mom?

Another single mom here worth more than a million. Had my kid on my own and all my money is mine. Sorry you can't figure out how to earn and save your own money.

[Anonymous]

Congrats!! Cleary remember the day I hit that mark!! Couldn't brag to anyone -- this is a great place to do it.

[Anonymous]

Good for you! You deserve to brag. You worked hard and it shows. Congratulations!

[Anonymous]

I'm just positive these 2 millionaire single, never-been-married moms also don't receive massive, untaxed child support checks from their baby daddy's. yea right?

[Anonymous]

Congrats OP! Your story is inspirational!

[Anonymous]

Anonymous wrote:I'm just positive these 2 millionaire single, never-been-married moms also don't receive massive, untaxed child support checks from their baby daddy's. yea right?

As one of the two on this thread, yes. You can't get money from a sperm bank.

[Anonymous]

The reason these 2 are not getting more praise from the rank and file DCUM married women is bc those married women had a $1 million plus net worth the moment they popped their babies out!!! CHA- CHING. LOL

[Anonymous]

YOU are the American Dream! Congratulations.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Congratulations, OP!

Do you mind breaking down how you did it? I mean, what your asset breakdown looks like? Just curious, if you're comfortable sharing.

Sure. All numbers are rounded a bit

$75,000 cash. That's a combo of $10,000 emergency savings sitting in a plain savings account and $65,000 in a rainy day fund for a job loss kind of thing-- almost a year of basic bills. That's in CDs that come up every 2 months.
$200,000 in home equity-- $450,000 home value says Zillow and a $250,000 mortgage.
$125,000 in stocks and mutual funds that I started investing in when I had a bit more money to save after retirement. And recently includes some stock options I received through work in my latest job.
$80,000 in a 529 for my son.
$550,000 or so in 401(k)s.

Never been married so none of it comes via an ex. Saving, trying not to spend, and a lot of good fortune. While I am proud of what I have done to get where I am in life, I also recognize how much of my 'success' is really the result of being lucky enough to have good health, a good mind, a healthy child, and a lot of lucky breaks.

Thanks again for the support, DCUM!

Serious question. You said your net worth is $1M+. What you listed here are your assets. Do you have no debts or liabilities? Surely you should factor those in to really know your net worth?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Congratulations, OP!

Do you mind breaking down how you did it? I mean, what your asset breakdown looks like? Just curious, if you're comfortable sharing.

Sure. All numbers are rounded a bit

$75,000 cash. That's a combo of $10,000 emergency savings sitting in a plain savings account and $65,000 in a rainy day fund for a job loss kind of thing-- almost a year of basic bills. That's in CDs that come up every 2 months.
$200,000 in home equity-- $450,000 home value says Zillow and a $250,000 mortgage.
$125,000 in stocks and mutual funds that I started investing in when I had a bit more money to save after retirement. And recently includes some stock options I received through work in my latest job.
$80,000 in a 529 for my son.
$550,000 or so in 401(k)s.

Never been married so none of it comes via an ex. Saving, trying not to spend, and a lot of good fortune. While I am proud of what I have done to get where I am in life, I also recognize how much of my 'success' is really the result of being lucky enough to have good health, a good mind, a healthy child, and a lot of lucky breaks.

Thanks again for the support, DCUM!

Serious question. You said your net worth is $1M+. What you listed here are your assets. Do you have no debts or liabilities? Surely you should factor those in to really know your net worth?

New poster, but actually she does list a mortgage. I'm guessing that's it for significant liabilities.