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About Me:

terri77

I am 46, single, no kids. I am a health care professional. I feel that I'm generally a very good saver and a not so good budgeter - hence the credit card debt payoff I worked through in 2020.

My personal finance goals for 2024:

1. Contribute maximum to Thrift Savings Plan. This is a recurring goal that I’ve accomplished every year since 2008.

2. Contribute maximum to Roth IRA. This is a recurring goal that I’ve accomplished every year since 2001.

3. Pay off credit cards. Completed January 2021. Now the strategy is to pay off my credit cards monthly with no balance carryover.

4. Build up emergency & long-term savings. I completed my initial goal in April 2021. I have 3-6 months of expenses saved at this time & I continue to save for my next car purchase, which is hopefully many years away. I use high yield savings and CDs.

5. Invest in brokerage account. I started with the proceeds from selling my condo & have added monthly. This account is for a future down payment when I purchase a home again.

6. Give to church monthly. I attend two churches right now so I alternate my monthly offerings.

7. Give to charity monthly. Food banks are my preferred charity to give to. I have automated my charitable donations at work to give with my biweekly paychecks.

8. Apply for promotions as they become available. Right now I’m very happy in my current position, so this isn’t much of a goal currently. I have received several raises, I enjoy the work I do, & the people I work with…I’m very happy to stay where I am.

9. New goal for 2024! Build new home with $100k down. This will be funded from my brokerage account & cash savings. 🏡

Major Milestone

August 26th, 2009 at 04:49 pm

My combined retirement accounts have totaled over six figures for some time now, but for the first time I had a single account that reached six figures. I've been waiting on that to happen, with the way the stock market has been rising in recent weeks. I'm pretty excited to be able to pull up an account and see six figures. I even printed it out so I could remember the day I first saw that. I'm pretty sure that the stock market will be rising and falling for some time, but it was exciting to see this morning.

Posted in Investing ideas, Retirement readings, Savings stories | 6 Comments »

6 Responses to “Major Milestone”

ceejay74 Says:
August 26th, 2009 at 05:29 pm 1251307771
1251307771

Wow, congratulations! I'm just waiting for my 401(k) to hit $30K; feels like it's been in the $19K-$26K range for ages.
Ima saver Says:
August 26th, 2009 at 06:32 pm 1251311544
1251311544

Congratulations! I remember when I hit that 6 figure mark and it is exciting!
Broken Arrow Says:
August 26th, 2009 at 07:22 pm 1251314520
1251314520

Yeow! That's pretty awesome. Congrats!
shiela Says:
August 27th, 2009 at 02:25 am 1251339924
1251339924

That's exciting! I can't wait for that to happen to us, it will be a long time away but I can dream about it - lol.
Apprentice Bliss Hunter Says:
August 27th, 2009 at 11:19 am 1251371943
1251371943

Wow.... that is a great achievement for someone who is only 31... Congrats !
Jerry Says:
September 4th, 2009 at 10:19 pm 1252102760
1252102760

That is pretty cool, and it has to lead to some satisfaction. I'm glad that you printed it out to keep... there is no insurance that it will stay that high in a volatile market, but it's a great accomplishment!
Jerry

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Firefly's Personal Finance Blog

Working out my spending impulses.

Major Milestone

6 Responses to “Major Milestone”

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