-Written by Cel
We hit a big milestone yesterday – the two of us have now hit a combined net worth of $100,000! It is entirely in liquid or relatively liquid assets (cash, investments, or GIC’s).
To celebrate, we made cookies. Specifically, 100,000 peanut butter cookies.
Slightly over a year ago in June of 2013 was when we hit our $50,000 mark. At that time, we made 50,000 chocolate chip cookies.
As you can guess, we have made cookies a tradition to celebrate a financial milestone. We think it is a good idea for people to come up with their own ways to celebrate financial achievements – whether that is eliminating debt, or increasing your stocks of cash.
It took us 13 months to get from $50K to $100K. We anticipate that increases in passive income will reduce the time between 100K and 150K – perhaps 12 months.
We still intend to do a trip report, probably this weekend – we have been recovering from the trip this week.