Anonymous brag - millionaire
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Anonymous
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Silly to post, as this is nothing but a brag (and not even a humble one), but I will never tell anyone this in real life so an anonymous board it is. DH and I just crossed the $1M mark for net worth. When we got married 10 years ago, we had $2,600 in the bank (combined) and were both in grad school. We graduated with $450K in student debt, and we are on schedule to be completely paid off in 2 more years (12 years from time we finished grad school), at which point we will be debt-free other than mortgage, which we could pay off in another couple of years, but I think we'll keep it. We live well, but not flashy - well below the level of many of our peers in terms of material possessions. We live in a very nice house, but one which is valued at about 80% of our annual income. We are high-income earners now, but we started with a mountain of debt to pay off. We have been fanatical about savings and college funds and paying down debt and slowly watched that little red line creep up into the positive green space in our Quicken financial tracker. $1M feels like such a significant accomplishment!
Anyway, as I said this is a complete brag post and I recognize I may sound like a jerk. But we don't talk to anyone about finances, and I just wanted to brag *a little* about getting out of debt and reaching a financial goal. I'm proud of us. The flip side of this post is where I question whether the money is worth it and whether we should stay in these high-stress, long-hours jobs now that we've paid off our debts. That's a post for another day, another forum. |
Anonymous
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congrats OP. I do mean that sincerely.
What kind of career track do you have? I am thinking of starting over. |
Anonymous
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You can brag. I think it's fantastic.
Congratulations ! |
Anonymous
| Congrats! How old are you guys? |
Anonymous
| Good for you. If you did this without some enormous salaries or bonuses, please tell a bit more. Hopefully others, particularly the younger set, will see how achievable this milestone is with diligence and perseverance. |
Anonymous
With $450k in student loans and long hours at work, I suspect they had pretty healthy salaries. Still a hell of an accomplishment, though. |
Anonymous
| Congrats! This is fantastic! I'm so proud of you and I don't even know you!! |
Anonymous
OP, I think that's great! You should be proud and I don't think it's really bragging since we don't know who you are. 
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Anonymous
| Good job OP. I hope to join your ranks someday. |
Anonymous
| Op congrats! I dream of someday being debt free like you. I'll probably never earn a million (I could if I applied myself) but I'll settle for zero debt. Slowly but surely paying off these school loans. |
Anonymous
Don't sell yourself short. It is very achievable. Saving. Investing. And saving a bit more. |
Anonymous
| 50 and just crossed $5M. I know how you feel. No one to tell other than the DW. Feels very good though. |
Anonymous
| OP, well done! |
Anonymous
| Congrats! Do you have kids yet? They are a money pit, so maybe you can't slow down quite yet |
Anonymous
| I don't think its bragging! I hope you have a great wealth preservation strategy in place...many people who are high income earners do not realize that there are many other things that go with a high net worth...enjoy the moment but make sure your trusts, wills, DPOA, etc. are in place. Congrats! |