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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. 🏡

GOAL! 🥅

December 13th, 2023 at 04:41 pm

Yesterday my Thrift Savings Plan balance crossed $1 million for the first time. $1,001,824.87 to be exact.

My Roth IRA balance is $295,011.92. If this holds steady I can expect to cross $300k next year.

Posted in Investing ideas, Retirement readings, Net Worth, Investing, Personal Finance, Retirement | 7 Comments »

7 Responses to “GOAL! 🥅 ”

mumof2 Says:
December 13th, 2023 at 10:47 pm 1702507676
1702507676

congrats!!!
LuckyRobin Says:
December 14th, 2023 at 03:48 am 1702525738
1702525738

Oh, you made it. I started reading from the tenth to catch up on what I'd missed, and by the time I get to the thirteenth you've hit it. Congratulations!
livingalmostlarge Says:
December 14th, 2023 at 05:01 pm 1702573313
1702573313

Congrats! yay!
MonkeyMama Says:
December 16th, 2023 at 02:34 pm 1702737273
1702737273

Woohoo! 🎈🎉
terri77 Says:
December 16th, 2023 at 04:56 pm 1702745792
1702745792

Well, I ended up crossing $300k this year. I didn’t expect those big gains to continue. Ending the week with $301,280 in my IRA and $90,520 in my brokerage account. My monthly contributions of $500 to each hit yesterday, on the 15th.
rob62521 Says:
December 23rd, 2023 at 07:34 pm 1703360049
1703360049

Excellent! Well done!
Dido Says:
December 31st, 2023 at 07:30 pm 1704051049
1704051049

Mazel tov!

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Firefly's Personal Finance Blog

Working out my spending impulses.

GOAL! 🥅

7 Responses to “GOAL! 🥅 ”

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