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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. 🏡

Hallelujah!

February 12th, 2022 at 05:32 am

I usually have to pay even more in taxes when I file, but this year, I actually broken even...or as close to it as possible. I'm actually getting two small checks from the state & federal. 🙌🏾

And despite my complaining, my corrected W-2 from 2020 caused no issues & I didn't have to do an amended return. 👏🏾

Posted in Personal Finance | 3 Comments »

3 Responses to “Hallelujah!”

VS_ozgirl Says:
February 13th, 2022 at 02:10 am 1644718257
1644718257

Yay! That’s wonderful news!
rob62521 Says:
February 13th, 2022 at 10:02 pm 1644789736
1644789736

That's wonderful! Way to go!
mumof2 Says:
February 14th, 2022 at 02:16 pm 1644848219
1644848219

awesome

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Firefly's Personal Finance Blog

Working out my spending impulses.

Hallelujah!

3 Responses to “Hallelujah!”

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