I have been reading some of my old posts. I came across this pretty awesome post from way back in April of 2005. Keep in mind, this was my FOURTH post. At the time, I was thinking about what “might” happen if I stuck with my plan. Take a minute and read the post, then jump back.
Did you note the final few lines?
So in 2 years from now, I could be debt-free, with 30,000 dollars in the bank, and be ready to make some serious, serious retirement account contributions.
Now check out this post from just two weeks ago where I discuss my progress over the past two years.
Please note the final few lines from this post:
If you add all of those numbers up, I now have a positive cash position of $44,500. In twenty-two months, I’ve improved my cash position by $43,000.
If you exclude my retirement account, I’ve paid off $11,500 worth of debt, and increased my checking and savings by a combined $21,500. That is a $33,000 change in twenty-two months.
That’s pretty close! When I made my plans 2 years ago, I was planning to discontinue my contributions to my retirement account. I changed my mind along the way. I decided to continue to contribute to my retirement. So, my non-retirement savings are a little less than I had anticipated, but my retirement savings are a lot more. All in all, I did a pretty good job of “predicting” my future.
Like the A-Team: “I love it when a plan comes together…”