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Net Worth Update

Welcome to the New Year.  2013 is the year we all get flying cars, right?

Here is my net worth update, along with the progress we made over the course of 2012.

As you can see, our net worth contracted by about $11,000.   Part of that difference is due to selling our spare cars and–against my better judgement–taking payments with a lien on one of them.  That is supposed to be paid off within a couple of months.  If not, I’ll play repo man again.

The other part of the difference is in the final preparations for our rental property.   The only things left to do are sanding and polishing the hardwood floors and cleaning the living room carpet.   The final push to get to this point cost some money.   All told, we’re nearly $30,000 into getting the house ready to rent.    For the naysayers who think we should have sold it, we would have spent more getting it ready to sell.

Other than that, we’re not doing poorly.   Our credit card is still being paid off every month and our mortgage is shrinking.  If things continue to go well, we’ll have our truck paid off in a couple of months and the mortgage by mid summer.

100 Push-ups in 22 Days

Push-ups

One from the vault:

Last month, I set a goal to do one hundred push-ups in a single set by the end of the month. Before I started working on this, I hadn’t done a single pushup in at least 10 years. At the beginning, I didn’t know if it would be possible, or how much it would hurt. I knew it would be a challenge, and I was looking for a challenge.

Three days before the start of the month, I did one set of pushups.  I wanted to find my baseline, so I could see the progress I was making, and I wanted a chance to recover, so I’d be starting from scratch on the first of the month. That day, I did 20 pushups. I pushed, but 21 wasn’t going to happen.  That’s not an impressive number, but I ride a desk all day and had spent 10 years lazy.   It could have been worse.

My initial plan was to do two sessions per day, morning and night.   I’d be doing a total of 56 sessions.   Each session would consist of 5 sets of my baseline, progressing to 100 push-ups in a set for the 56th session.    That would mean I’d have to add 1.5 pushups to my sets each session. I decided to add 1 to each set in the morning and 2 in the evening sessions.    My planned progression was 20, 22, 23, 25…95, 97, 98, 100 over the course of the month.

That lasted one day. February 1st, I did 100 push-ups in 5 sets of 20.   That night I did 110 push-ups in 5 sets of 22.  The next morning, I hurt so much I couldn’t do 10.   I did something like 8/5/5/5/cry-like-a-baby. My abs were cramping and my shoulders burned.   I ended the session in the fetal position, hoping all of the screaming muscles wouldn’t cramp up at the same time.  If pain is weakness leaving the body, then I was making a significant contribution to the the problem of homeless weakness particles.

Plan A failed.   As I waited for the pain to end, I had some time to think.  In between “Please don’t cramp! Please don’t cramp! Please don’t cramp!”, I developed Plan B.

I decided to base everything on the previous session’s largest set. The largest set would set my baseline for the next session.   The first set in the session would be half of the baseline.  The next three sets would be 3/4 of the baseline, and the final set would be pushed until I couldn’t go any further, establishing the next session’s baseline.  Starting from my newly established baseline of eight push-ups, my next session was 4/6/6/6/15.  The session after that was 7/11/11/11/16, then 8/12/12/12/16.

Plan B became an aggressive, self-correcting progression. If I pushed too hard, the next session was done at a lower level, allowing me time to recover.

The first week hurt.   Going from little-to-no real exercise to an aggressive exercise regimen is painful.  I was stiff and sore, but I was progressing. One of the best things about Plan B: Set #1 is a good warm-up.  Warming up is important.

By the end of week one, I was back to where I started, doing sets of 20.  I wasn’t sure I’d make it. I had a few days in a row that didn’t improve my baseline at all.   Then I skipped a day.  When I came back, but baseline jumped by 10 push-ups.   I had hit a small wall, gave myself a day to recover and had a 50% improvement.   Guess what got incorporated into Plan B?   If I had two days in a row without improvement over the four sessions, I skipped a day.

By the end of week two, my baseline was up to 60.   I stopped increasing the warm-up set, so it would still be a warm-up and not create strain.   I only went above 20 for the warm-up set once before I created this rule.  At this point, my session was 20/45/45/45/60.  That’s progress.

At the end of week three, my baseline was at 80.   I took the weekend off.

On Monday, February 22nd, I decided to see where my absolute max was.  I did a set of 20 to warm up.  I followed up with a set of 30, to make sure I was ready.   Set #3 was 100 push-ups, a full week early. I’m not going to lie and say push-up #100 was perfect, but it was done.    I went from barely being able to do 20 push-ups to successfully doing 100 push-ups in 22 days.  I spent the rest of the week perfecting my form.   After 75-80 push-ups, it’s hard to tell exactly how straight your body is and how low you are going, without a spotter or a mirror.

Next, I’m applying Plan B to sit-ups.

Dreams

Ever since she was a little girl, my wife has wanted to be a horse.   Err, work with horses.

English: Horse standing ready at the trailer, ...
English: Horse standing ready at the trailer, first morning of a competitive trail ride. (Photo credit: Wikipedia)

The problem is that most jobs working with horses pay horse-crap.   It’s hard to raise a family on a stablehand’s income.

Her alternative was to own horses.   This comes with a different set of problems.   The biggest problem is that we live on 1/8 of an acre in a first-ring suburb.   That’s not a lot of room to graze, though I would be willing to give up my spot in the garage.

I rock like that.

Boarding a horse costs a minimum of $200 per month.   Two girls means two horses, otherwise, they won’t both be able to score in the saddle club.   For the math challenged, that’s $400 per month, plus about $300 in preventative vet care per year.

$5100 for a year of boarding an extremely obsolete car.

Then, you need a trailer to get the horse to shows.  You need saddles and reins and and short-legged stirrups and feedbags and muck-rakes and brushes and combs and hoof-cleaning-thingies and other stuff that will catch me by surprise for years to come.

Expensive.

My rough estimate is that it costs at least $10,000 to get into horse ownership, and that’s not counting the horse itself.

You can buy a horse for well under $1000 if you aren’t concerned about registration or speed.  A 15 year old horse can last 10-15 more years, so it’s not money down the drain.

That’s $12,000 to get in and $5100 per year to stay in.  Minimum.

Never let it be said that I’m not a pushover.   Last month, we bought an SUV that can pull a horse trailer.   Last weekend, we bought the trailer.  That’s two major steps towards making my wife’s dreams come true.   The rest of the plan culminates in a hobby farm in the sticks.

There are several steps in between.

I just need to put the brakes on every other step.    We’ve been offered the free use of one pony next season, and we may be able to get another for the same price.    Beyond that, we need to be patient.   There will be no ponies purchased until the new truck and old mortgage are paid.

Period.