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.I notice that employers are trying hard to recruit employees. Costco upped their minimum wage to $16 & Wal-Mart has a minimum wage of $11. McDonald's is starting at $10 and is even advertising paying workers daily. Last time I went to Wal-Mart there were signs advertising $13-21 for overnight stockers. These are really good wages for my area.
It seems employers are going to effectively raise the minimum wage even if the government can't seem to find consensus. And the more they raise their wages the less $15 as minimum wage seems a pipe dream as it once did. I think a split between current minimum wage & $15 should be easy to pass now.
As for my own wages, the President has proposed a 2.7% raise for federal employees, which would be nice. If I get a promotion that will be a nice bump on top of that raise with another step increase to come in a year's time. I won't be making 6 figures, but I'll be close enough with working just one job.
My investments are up $8k this week. I hit $1.3 million net worth and $1.165 million in investments. I should hit $15k in savings this month before I quit my second & third jobs. I already sent off my resignation letter for my weekend job at the hospital.
June 5th, 2021 at 07:40 pm 1622922056
June 7th, 2021 at 03:22 pm 1623079329