Dec 03 2013

November 2013 Mission Briefing

I’ve had a couple of days to let Thanksgiving dinner settle and I still feel like a fat (expletive) while I write this.  With November ending, that means we are due to check in on my progress for my various goals, both financial and otherwise.  November had some disappointments as well as some pleasant surprises.  I won’t spoil the details here though.  You will just have to actually read the full article for that.

Marathon in every state

Training for Birmingham has been going good with the exception of this past week. Thanksgiving break just derailed my training. I’m not too upset about it though as I was spending time with family and that’s a bit more important to me than getting in a training run. I have plenty of time to get in some make up work outs in.


My curse of the Green Bay marathon seems to be continuing. Every year I decide I want to run the race, something seems to come up and prevent me from doing so. This year I was invited to join my dad and my older brother on a Tiger Cruise. I’m excited to do it but my lack of vacation time will cause me to push back the Green Bay marathon for another year.


For those of you wondering what a Tiger Cruise is, I’ll try to explain it the best I can. It’s a cruise that the navy does. Sailors are allowed to invite one or two individuals (usually family) to join them on the last two days of a ships deployment. The family boards the ship in New York or Florida and spend two days sailing before pulling into naval port in Norfolk. During those two days, demonstrations of how the ships weapons and operations are done for the guests.


I think you can see why I opted to push the marathon back a year. Spending two days on a naval destroyer would be a much cooler experience.  

Paying off my student loans

Another month down and another $1050 was put towards my student loans. The only real change this month is I started splitting my payments between two loans. Both are now at ~$5300 and have a 6.8% interest rate. Attacking them at the same time will save me more over the long term versus killing one and then attacking the other.

Lending Club

NAR: 16.56%

XIRR: 10.90%


I put into another $400 this month to inch closer to my goal of having $2500 in the account before the end of the year. I’ll need another $180 to get this done so I shouldn’t have too much difficulty completing this by the end of the year. I had two different notes enter into the grace period temporarily this month. Both made their payments and have since caught up but I’m now starting to see evidence of notes falling behind.


Another interesting event that happened this month was I had a note that was paid in full, 2 years 6 months ahead of schedule. I wound up earning $1.22 on the note. This broke down to a return of 4.9% or if you calculate an annual return it comes out to 14.4%. Not too shabby. I’m really looking forward to after December though because I’ll stop making deposits and we can watch the true return start to settle in.

$0 net worth

This month’s target: -$2,861.00

This month actual: -$519.00


I was about $1,700 ahead of schedule and further increased my lead this month to $2,300. I was really hoping I could celebrate victory this month but it just wasn’t in the cards. I did briefly crack into the positive range on the 25th when payday came around. Then bills were paid and I couldn’t quite keep it above zero by the end of the month cut off date.


Barring a plunge by the stock market, I don’t see any difficulties having this goal done by the end of December. It will be a really great feeling to know I’m actually in the green as far as net worth is concerned. 2014 will bring with it some aggressive goals to try to grow this number further. Until then though, I can sit and watch Santa bring me the gift of a positive net worth. Clearly I’ve been good this year. ^_^ 


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  1. Tonya@Budget and the Beach

    Oh man I don’t blame you for wanting to go on that cruise. I’ve never heard of it before but it sounds awesome! Hopefully Santa will bring you some positive net worth! ho ho ho!

    1. Micro

      Yeah, I didn’t think anyone would really fault me for that one. Now I just have to hope I’m not prone to sea sickness.

  2. Done by Forty

    I hope you get to your goal of a positive net worth this year, Micro. The trip on the destroyer sounds pretty awesome…I wouldn’t pass that up, either. If you’re ever in San Diego, check out the naval air museum down by seaport village: it’s inside a WWII aircraft carrier. Very cool stuff.
    Done by Forty recently posted…November Net Worth Update

    1. Micro

      That sounds pretty neat. I know in Baltimore, they have an old time wooden ship that you can go check out in their harbor. That was really interesting to see. Will definitely have to keep the naval air museum in mind if I ever find my way out west.

  3. Money Saving

    Sounds like you’re making good progress forward on getting out of debt and getting a positive NW. Keep up the good work!!
    Money Saving recently posted…Book Review – Rich Dad Poor Dad

    1. Micro

      Thanks. I plan to keep chugging along, no matter how slow the pace may seem at times.

  4. Mrs. Pop @ Planting Our Pennies

    The Tiger Cruise sounds well worth postponing the Green Bay marathon. Too cool!

    Can’t wait for the December update when it’ll be >0!
    Mrs. Pop @ Planting Our Pennies recently posted…PoP Balance Sheet – November 2013

    1. Micro

      I’ll have to try and see if I can get some good pictures. I’m sure plenty of folks will want to see the ship in action. Although I might have to get a better camera phone before then.

  5. Holly@ClubThrifty

    That’s awesome that someone repaid their note so early. Now you can take that money and reinvest it =)
    Holly@ClubThrifty recently posted…Buying a House: HOA Fees and Other Shenanigans

    1. Micro

      Yep, I know some might complain because they didn’t get the full return for the risk they took on. I’m more than happy to take a small quick return and reinvest the money.

  6. DC @ Young Adult Money

    That’s awesome that you invest through Lending Club. I definitely want to do something similar eventually.
    DC @ Young Adult Money recently posted…How to Find the Perfect Side Hustle for You

    1. Micro

      It’ll be interesting to watch it next year since I won’t be making deposits. It will give me a better idea of how the returns look on matured notes.

  7. Laurie @thefrugalfarmer

    Wow, the Lending Club investing seems to be working out well for you. And the Tiger Cruise sounds SO cool! I would’ve definitely chosen that over the marathon. Then again, I probably would’ve chosen pretty much anything over running a marathon. :-)
    Laurie @thefrugalfarmer recently posted…Your Family “Traits”: Which Will You Choose to Follow?

    1. Micro

      So far so good. I’ve been seeing a couple of notes pushing into the grace period now before payments are made though. I’m sure eventually a few will be slipping into late/default. Luckily I’ve now made enough interest to cover 3 bad notes and still come out ahead.

  1. Gearing up for 2014 - Micro's Missions

    […] marathons in Birmingham and Atlanta: Since the tiger cruise pushed back my goal of running the Green Bay marathon. I had to find an alternate one so I going to […]

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