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Archive for November, 2016

December 2016 Goals

November 27th, 2016 at 08:08 am

One month and a few days left in 2016. Three more paychecks. I am on track to max out my TSP & Roth IRA. I will contribute at least 6k to my 401k for the year as well. Other expected income includes the cash my parents give me for my birthday & Christmas. I haven't heard what bonus we'll receive at work, if any.

Black Friday spending included the sale at B&BW and some gifts on clearance for co-workers at Williams Sonoma. I bought some new sneakers online yesterday. Don't think they'll get here in time for my trip, but they were needed regardless. At least shipping to the store for pick-up was free.

Retirement Milestone

November 23rd, 2016 at 06:57 am

I'm less than $500 from reaching $500k in retirement. My birthday is December 5th & I hope to reach it by my birthday. If my 401k contribution wasn't still floating out there & had been deposited into my Vanguard account I would have reached it yesterday. I'm not sure that these market highs will hold for much longer so I may not reach the goal by the time my contribution shows up. This is a goal I've had in mind for several years & now it's almost a reality. It's very exciting to see it come to fruition.

I'm also excited so see that according to Zillow, I'm almost at 50% equity in my home. Thanks in part due to the fact that my home didn't flood in August, so it increased my home value by about 10%.

Happy Thanksgiving to you all! May you and yours continue to have abundant blessings in the seasons to come.

Difficult Week, but Something to be Grateful For

November 13th, 2016 at 07:37 am

This has been a difficult week for many of us. I just wanted to recognize that finances seems very small considering the other things going on in our country. Having said that, I will focus on one bright spot in this week for me.

We got a raise at work! It works out to about a 6.7% increase. Not the percentage that was advocated for when the salary survey was done, but still, it's a raise. In addition, in January I will receive this year's annual increase of 1.6% (thanks Obama, even though you froze our salaries for years). Also, I'm due for my step increase in January. So what does all that mean, bottom line? An over $7k increase! I am so grateful! I know that I am so blessed & I am already thinking of how to use it wisely.

I am considering increasing my contribution to the 401k at my second job from 50% to 75%. Also, I will increase my flexible spending account contribution to finance getting my LASIK redone next year. My eyesight has finally gotten that bad again.

As in all things in life, this week had some good & bad. Next couple of weeks I will pick up some more hours at my second job as one of their full-time techs is out for surgery. It will be good to get some hours in before December.

My schedule is so busy that I won't be getting as many hours next month. My birthday, a trip to DC & Ireland, and a lot of fun things on the agenda. I'm looking forward to it all!

Blessings to you & yours on this beautiful Sunday.