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Showing content with the highest reputation since 06/22/2020 in Blog Comments

  1. Quick update to anyone who reads this ... I've decided to just post bi-weekly on Fridays after payday instead of weekly, since we'll see more movement in our account on those days. For this past Friday though, no snow was thrown, we are quite a bit below our buffer and will most likely be in the same situation next week as well after payday, but will update then to let everyone know how we're doing. I've not been able to make as much as we're dealing with some family issues right now.
    5 points
  2. Well, it's about four years later, and we did hit $150k in retirement! "Life" certainly has happened but everything is performing well which helped get us here. I wanted to do another break down: $31,288 in my Roth $42,386 in dh's Roth $9,323 in old IRA $69,720 in my 403b $152,717 total I also have $4.951 in my HSA. Mortgage is $38k right now.
    4 points
  3. We did it! We've hit $100k in retirement. I want to keep track of these numbers: $47,792 in my 403b $19,324 in my Roth $25,838 in dh's Roth $7,073 in dh's old IRA Mortgage balance is $53k
    4 points
  4. I keep track of yearly totals in all of those accounts. It's encouraging to see growth year after year. Even in a down year where things stay pretty flat, usually the next few years do more than make up for it and that mortgage will be gone in no time. Great work!
    3 points
  5. Just keeping track of balances so I can look back: $35,012 in dh's Roth $ 8,856 dh's old IRA $28,837 my Roth $65,034 my 403 b Total: $137,739 Mortgage $44k Looking forward to the end of 2021, would love to hit $155k in retirement and end the year with $22k owed on the mortgage. Once the 2021 Roths are filled, I would love to go hog wild on the mortgage and knock it out, then go back and fill the 2022 Roths since we have until April 15th, 2023. Biggest projects that are next on the list are adding an egress window/window well to the g
    3 points
  6. I am so sorry you won’t get to see your brother this Christmas, Delilah. This situation is really tough. the Airbnb was a budget killer- plus plane tickets... it has occurred to me that my BF and I could spend a week at a nice all inclusive instead, but damn I miss my family. Also, given the current situation, we can’t. I am glad to have $ in my travel sinking fund but it is sad to see the balance of that account go from “ready to book my big trip to Peru” to “I guess Peru is next year.” But again, given everything I can’t book that trip now anyway. So the trip to see my family is bo
    3 points
  7. Thank you all for the encouragement! September is a three pay month, and I just did the budget for tomorrow’s cheque- I will have two months in my EF once I make tomorrow’s savings transfers! And even though I bought a desk (being reimbursed by work, but no idea how long that will take, so it’s budgeted!) I will still have over 10K Total in my savings accounts!
    3 points
  8. I think you are doing great. DH and I do what you’re doing—have different savings “buckets” for different purposes. It keeps us focused on what goals we still need to work on.
    3 points
  9. We all have times like that when we have to push "pause" on some of our gazelle goals, but the most important thing is not to get discouraged and to keep looking ahead to the "far horizon" where things will be better.
    2 points
  10. Welcome back. Best wishes as you work to achieve each of your goals.
    2 points
  11. That's the plan! It's 0% offer ends in September but goal is to just pay it off in full ASAP and not use it again. It was good while it lasted but its APR is astounding (26%!). I had it for 18 months and used it for balance transfers when possible so it worked out ok but now it needs to leave.
    2 points
  12. With a small debt balance like that first one you can find some snowflakes to get rid of it in no time! Good luck and check in to stay accountable.
    2 points
  13. Welcome back, nice to have you here! We'd love to cheer you on as you knock out BS2 this year!
    2 points
  14. I'm so glad you are still going to get to go see your family!! My brother lives in Sweden and he had been going to come visit for Christmas but the whole quarantine for two weeks thing, and the concern as to if he could get back into Sweden... he just can't do it this year. It sucks. We miss him. I know your family will be so happy to see you!
    2 points
  15. Nice job! Dang, the 14 day Airbnb sounds like a budget-killer. Good for you preparing so early and paying CASH!! Way to go on the EF!
    2 points
  16. Yup, exactly what we do.
    2 points
  17. We have all our sinking funds in one account too. I have a spreadsheet showing how much is for vacation, how much is for car repair/replacement, how much for Christmas, how much for home repair/replacement, etc. but it is good to know that money could be reallocated (less into vacation, more to car repair, etc.) if need be.
    2 points
  18. starchyk, you are exercising that important "saving muscle" and will reach your goals.
    2 points
  19. That is great! And honestly once you add a Roth IRA it adds another level of protection although ideally you'll never touch it. Good job staying focused, the faster you get through BS3 the faster you get to a step where your money can work for you so you won't have to someday!
    2 points
  20. @kelvan80 That is so sad. Thank you for sharing. @DebtBgone I will add that one to my Audible wishlist!
    2 points
  21. I agree, something historical is truly happening during our life time here. So many similarities to The Plague, really.
    2 points
  22. It's just DH and me in our household, and we have been alone except for an occasional drop-by of our DS who lives about 40 miles away, since early March. I have been fine with the solitude, because I am by nature that kind of person, but we had a quick visit this week from our DD and her family (includes a 4yo, 2yo, and 3mo who we had not met). When they left the house seemed so quiet and lonely--I cried for an hour. Then, I straightened up, washed sheets and towels, and now I am back to enjoying the quiet but I have sweet memories and pictures to enjoy.
    2 points
  23. Looking forward to seeing your journey. This is a great place to be encouraged and also receive guidance when needed!
    1 point
  24. CONGRATULATIONS! The 3 Month FFEF , imho, is harder than Baby Step 2! So again Congratulations for hanging in there and all the best Success in the Future.
    1 point
  25. That's so exciting! Definitely doesn't hurt to build it up as you save for a hint. We all know how expensive that can get!
    1 point
  26. Nice job! Good grief, too bad the housing prices are so high near you, though.
    1 point
  27. Thanks for your inspiration. I too am working on my FFEF, lets flex that savings muscle.
    1 point
  28. It's unbelievable right! When the mortgage is gone and those numbers continue to climb you'll be amazed at the progress!
    1 point
  29. Yes!!! You can really start piling up money once you're through Step #3!! Keep on keepin' on!!
    1 point
  30. So a couple of years ago, I read a book called "Get Well Soon" by Jennifer Wright (well, actually, I listened to the audiobook on my commute) and it was about all the plagues in history... I keep thinking about that book as we live through COVID, and that the handling(such as it is) of this plague will be looked on in decades to come, the way she looked back on the handling of plagues back then. I may actually go back and listen to some of that book again. I am trying to remember if the 1918 plague was in it. It's been a couple years.
    1 point
  31. Our local genealogical society is urging everyone to keep a simple journal of these times.
    1 point
  32. I both miss having alone time AND miss having time with people outside my home. I love my husband and my teenager so much, of course. But the lack of ever being alone, AND the lack of new interactions... it's been a long four months and who knows how much longer it will go on... things are getting worse, not better, here in Texas.
    1 point
  33. Bless your heart. I hope things look up soon! And yes, we're definitely taking things one day at a time. Chris and I had a long budget talk last night and so far he's on board with the Dave Ramsey plan. He was a bit iffy at first until I explained the BEF and the time I had to borrow money from my aunt to replace a bad tire (that ended up popping on my way to get a new one ) and how long it took us to pay her off. He was on board then. We had a long talk about a lot of things and it was just a good, really productive talk. I didn't think about the free sites. I'll be checking them out
    1 point
  34. I am struggling with both isolation and togetherness- when this started I offered for my boyfriend to stay here thinking it would be a couple of weeks. He was still going to the office everyday and I didn’t want him taking the train (from my place he can walk) and risking himself and even more his parents who live with him and are in their 70s. So now we are both working from home most days (he still goes in once a week) in my tiny apartment. It’s going better than I would have thought, but my daily runs (alone) and the days he goes to the office being alone is delightful. At the same time I a
    1 point
  35. It's starting to wear on me to the point I've greatly considered driving 20+ hours to see my best friends. I'm ready to move on to the next phases. I'm ready for all of this to be in the past. I miss our little life that was actually quite uncomplicated before this started.
    1 point
  36. I haven't had any alone time since this all started, LOL! 9 people in the house ALL THE TIME has been an adjustment for me. DH works from home, I have 4 kids doing distance learning, and I still have my clients to attend to. But, it has been great to not have a strict schedule to abide by. Reach out to friends and family on the phone or Facetime. That's what we have been doing. I can't wait to take my kids to the park and zoo again :)!
    1 point
  37. My great grandfather died in the 1918 flu. He was a firefighter in St Louis and my great grandmother was 6 months pregnant with my grandma at the time. They cremated him before she even knew he'd passed. Luckily my grandma was always a fighter. I got that from her.
    0 points
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