<< Back to all Blogs

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. 🏡

Hello August

August 1st, 2022 at 03:48 pm

It is August already! This summer is flying by. I don't like to wish time to pass, but I always enjoy the autumn. It is my favorite season. 🍁🍂🐿

I'm looking forward to our trip to Maine at the end of September. I am encouraged to read that airline tickets are decreasing in price. I need to book my ticket to Boston or Portland soon. 🦞⛵️

In June my investments & savings were down $83,439. For July I gained $90,928. I read this article this morning & a BoA executive predicts we're still at least 6 months out from an economic recovery. Who knows? I am glad that at least my cash savings, which isn't a huge amount, are getting more in interest. It can't combat this rapidly rising inflation, but it's something.

Net Worth $1,221,187

Posted in General musings, Net Worth, Travel Tales, Personal Finance | 3 Comments »

3 Responses to “Hello August”

Wink Says:
August 1st, 2022 at 05:37 pm 1659375465
1659375465

Autumn is my favorite season as well. I think I am in the minority when I say that summer, at least from mid-July through August is my least favorite season.
LuckyRobin Says:
August 2nd, 2022 at 05:12 pm 1659460375
1659460375

I like the first part of autumn where the leaves turn and it is still relatively warm. The second part of autumn is always rainy, windy, and sometimes snowy as we head towards winter, I could do without, as well as winter. I like spring and summer, except the 4 weeks in the high 80's to 95 degree weather. I'll be glad when the solar minimum is over with and we go back towards a solar maximum.
VS_ozgirl Says:
August 3rd, 2022 at 08:44 am 1659516283
1659516283

Wishing you a happy August!

(Note: If you were logged in, we could automatically fill in these fields for you.)

Name:	*
Email:	Will not be published.
	Subscribe: Notify me of additional comments to this entry.
URL:
Verification:	* Please spell out the number 4. [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]

Firefly's Personal Finance Blog

Working out my spending impulses.

Hello August

3 Responses to “Hello August”

Leave a Reply