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 net worth was down for February, though not as much as expected. My investments were down & cash savings slightly up.
Net Worth: $1,218,479
Change: $-27,325
I don't include cash in checking which is about $15,000 between the two accounts. Nor do I include depreciating assets like my car.
Capital One paid my promo bonus of $100 for opening my savings account, so I took out another $10k to open a second CD while the rate is at 5.00%. I didn't want to pull anymore until I was sure that I would earn my bonus.
My paycheck tomorrow will be my last paycheck with the 10% retention bonus. I will be fine financially, but it was a nice boost while it lasted. I'm happy that we're now recruiting & retaining staff, and we now need to focus on recruiting & retaining other positions. On the bright side, if things go as proposed we will get an 8% boost in January. Yes, it's a while away, but it's nice to know it's in the works.
March 5th, 2023 at 08:01 pm 1678046486
Sorry about the loss of the retention bonus, but at least you knew it would end and could make adjustments accordingly.