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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. 🏡

New Job

August 27th, 2016 at 01:23 am

I can't believe that it is almost September & this is my first blog of the year. My last blog was over a year ago about an interview for a job that I didn't ultimately get. But today, I'm writing to say that a month ago & finally started a second job. This job means so many opportunities for me. The opportunity to max out another retirement plan, to pay off debt, and maybe down the road, to buy some income properties. Unfortunately, a natural disaster curtailed my work hours as the hospital closed due to flooding. But more importantly, I was spared any flooding. I'm feeling so blessed lately!

Posted in Retirement readings, General musings, Debt diet | 5 Comments »

5 Responses to “New Job”

PatientSaver Says:
August 27th, 2016 at 01:55 am 1472259342
1472259342

You are doing a great job saving for retirement, but why do you also have it listed as a liability? Did you take a loan out from your 401k?
Terri Says:
August 27th, 2016 at 04:17 am 1472267847
1472267847

Yes, that is a loan against my retirement account.
ceejay74 Says:
August 27th, 2016 at 03:12 pm 1472307175
1472307175

Even with the loan, that's a fantastic retirement balance for your age. Congrats!
CB in the City Says:
August 28th, 2016 at 06:10 pm 1472404248
1472404248

Congrats on the new job!
rob62521 Says:
August 28th, 2016 at 09:45 pm 1472417139
1472417139

Congrats on the new job! Keep up the good work!

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Firefly's Personal Finance Blog

Working out my spending impulses.

New Job

5 Responses to “New Job”

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