Firefly's Personal Finance Blog

For 2024, I completed all of my goals save for the savings goal. For the last few months I had to pause savings as I was spending so much money due to the new home & move.

I did not get my eye surgery this year & I am expecting to have a surgery for my fibroids so some of my FSA money will probably go towards that. I will reassess having eye surgery. I got contacts, but I am not happy with them yet.

2024 Goals:

$23,000 TSP ✅

$6,000 TSP employer match ✅

$7,000 IRA ✅

$6,000 brokerage ✅

$12,000 savings ❌

$2,600 FSA (to fund my vision surgery) ✅

My Net Worth increased by $316,569 in 2024.

2023 Net Worth $1,489,227

2024 Net Worth $1,805,796

TSP $1,274,564

IRA $368,934

Brokerage $8,447

Investments Sub-total $1,651,945

Savings $14,851

Home Equity $139,000

December 2024 Net Worth Total $1,805,796

November 2024 Net Worth Total $1,858,899

Monthly Loss/Gain -$53,103

Other Assets:

Car $11,000

Checking $4,071

Wishing you and your loved ones a happy, healthy, and prosperous 2025! 🎇 🎆 

I am currently in Maryland as my sister had surgery yesterday, but when I get home I will post my December 2024 Net Worth entry, as well as my 2024 Year End review.

Happy New Year! 2024 was good to me, despite health challenges for myself and my mom, who spent a month as an inpatient between the hospital & rehab. I have great expectations for 2025. 

My financial goals for 2025 have not changed much. I am readjusting my budget & cash flow after building my home.

1. Max out TSP: $23,500

2. Max out Roth IRA: $7,000

3. Max out FSA: $3,300

4. Contribute $500 monthly to brokerage: $6,000

5. Begin to replenish my savings re-starting with $100 monthly contributions: $1,200

6.  Rebuild cash cushion in checking to at least $10,000.

7. Automatic contributions to church & charity. 

8. My TSP match will be $6,300.

TSP $1,319,624

IRA $379,382

Brokerage $8,194

Sub-Total Investments $1,707,200

Savings $12,699

House Equity $139,000

November Net Worth $1,858,899

October Net Worth $1,762,802

Monthly Gain/Loss $96,097

Other Assets:

Car $11,000

Checking $5,207

TSP $1,240,049

IRA $361,961

Brokerage $7,210

Investments Sub-total $1,609,220

Savings $14,882

Home Equity $138,700

October Net Worth $1,762,802

September Net Worth $1,789,495

Monthly Gain/Loss -$26,693

Car $11,000

Checking $4,939

I continue to have issues with the moving company. I submitted all pictures & documents and they took weeks to offer me a whole $75. No, thank you! I contacted a furniture repair company and paid a $125 fee to get an estimate of $3,711 to repair their damaged. Not even including the scratches on the floors.

They counter offered $125. Which just covers the fee I paid. No, thank you, again! I disputed the claim for a second time & will continue to do so until I get a reasonable offer.

My mom mentioned that I should be getting my deposit returned once I moved out of my apartment. I honestly did not remember paying a security deposit & told her I didn't pay one. Well, I unexpectedly got my deposit returned. That was $250 I was not expecting, but was happy to see.

My request to turn off (or stop) service on my move out day was not processed. Entergy says that they can't even see where I requested it. So I'm on the hook for another month. It's only $53, but I am aggravated that the property wouldn't pay for it when I sent the bill showing it was after my move out date. Poor business ethics on their part. I will certainly include that in my review of their property. Along with all the noise issues I endured for 3 years.

Last night when driving I could barely see with my headlights. I have never had this happen, but do headlights just all of a sudden stop working? I  have a very low headlight that only shows just what I'm passing over & nothing ahead. I kept hitting my brights to avoid getting in an accident because I couldn't see ahead. I would turn them off when encountering other cars. I made a service appointment to have my headlights checked out. I may still drop in today since it's just that one issue for them to look at. 

Total Investments $1,629,864

Savings $20,931

Home Equity $138,700

September 2024 Net Worth $1,789,495

August 2024 Net Worth $1,760,970

Monthly Gain/Loss $28,525

September was so very expensive: moving, new home, new furniture, a lot of home supplies & services purchased. I'm looking forward to settling into a more normal or routine schedule as far as expenses goes.

Moving is expensive, so very expensive!

The actual move cost just under $6k, then there's the new furbiture, window treatments, appliances, home supplies, etc. I love my new home & have no regrets, but I am taking a break on my cash savings in order to recoup cash flow.

Also, absolutely do not use 3 Brothers Moving & Storage. They are a moving broker & you will do so much better hiring a local company. They bring in people from out of state which is super expensive. You are paying essentially not just for your move, but for their transportation & hotel costs as well. Ridiculously overpriced & the people that they use are highly questionable. I wish that I had done more research prior to hiring them. Even their moving reviews are a scam. They pay for them!

TSP $1,230,506

IRA $360,024

Brokerage $6,141

Total Investments $1,596,671

Savings $25,823

Home Equity $138,476

August 2024 Net Worth $1,760,970

July 2024 Net Worth $1,709,201

Monthly Gain/Loss $51,769

Other Assets

Checking $9,070

Car $13,000 (average)

The base price for my home was $321,990. With upgrades the final price was $335,874. I put down 40% and the buyer paid the points to buy down my interest rate to 5.99%. My monthly mortgage payment will be $1,207. With escrow for homeowners' insurance ($109) and property taxes ($261) the total monthly payment will be $1,577. I will just pay $1600 monthly as I prefer even payments. I will pay additional to principle as I am able. My monthly rent payment was $1,732. It would have gone to $1,816, including the $52 monthly water charge.

I moved on Tuesday & I'm just getting settled into my new home. It's been crazy, but I'm glad to back home. 

I will say that I absolutely do not recommend 3 Brothers Moving company. Unlike others who have their own trucks & movers they contract out their services. They don't have any sense of ownership over the quality of the move & they don't even bother asking you for feedback.

They are way overpriced. Bringing in movers from out of state makes it very expensive. Local moves require local movers. If you can't provide that service, just say so. I paid about a third of what I paid to move probably double what I moved Tuesday. I had damages of my furniture & home.  I'll never use this company again & I can't recommend them. 

I posted my net worth update on the 1st & again a blog has disappeared. It's so frustrating when that happens. This one had my first numbers for the house as well. I am finally moving today, but I will repost the blog when I get a chance.

So are furniture salespeople as shady as car salespeople? Because I've never had a car salesman add on so much, or upgrade my selections like I had happen to me today. I didn't realize that I needed to scrutinize my receipt so closely. If I had I would turned right around. I'm really upset as it adds up to over $700 in overcharges by adding furniture protection contracts & upgrading a sofa from what I selected in store.  This isn't my first time purchasing furniture. I've never had anyone automatically add the furniture protection. I've always been asked prior. I will be there as soon as they open tomorrow & if I get any push back I will cancel my entire order & go to another store.

I closed on the house yesterday! I am now officially a homeowner once again. And I did just try to upload a picture, but it failed.

TSP $1,201,990

IRA $351,497

Brokerage $5,504

Total Investments $1,558,991

Savings $150,210

July Net Worth $1,709,201

June Net Worth $1,656,396

Monthly Gain/Loss $52,805

Checking $10,659

Car $10-16k

I hate when I write a long blog & lose it! Ugh. 😩 

So the inspection & walk-through on Monday & Tuesday were postponed until today due to the builder delays. There was no kitchen appliances, a missing fan, and no garage door. Today looking at the full slab of my countertops I finally saw the color variation that I was told about, but couldn't see in the sample. It was a little thing, but made me happy. 

Today the fan was picked up, but not installed. The kitchen appliances & garage door were installed. The garage door was not painted yet. The builder told me to be picky on punch items & I definitely was. I wanted every little paint blemish touched up. Seems like it would be easier for them to just do another coat of paint everywhere rather than look at all my blue tape markings. But what do I know?

I do know that I love all of my design selections. You spend so much time second guessing every selection that it's very satisfying to walk through & think that you wouldn't change a thing. It all turned out just how I envisioned. I'm happy with the choices I made & that I went against popular opinion on some things. Today looking at the full slab of my countertops I finally saw the color variation that I was told about, but couldn't see in the sample. It was a little thing, but made me happy. 

I spent weeks pouring over all the information I could find about quartz vs granite countertops, pure white vs extra white paint on trim, agreeable gray vs repose gray paint on walls, best paint colors for stucco, looking at brick colors & textures on different homes, weighing door colors, debating whether to paint my lower kitchen cabinets & island a different color, looking at flooring options, cabinet hardware, kitchen backsplash, fireplace tile, lighting fixtures. I think I exhausted my mom just talking about it.

And next week is finally closing day. It's been a fun process. A little frustrating & stressful at times, but mostly exciting.

On Friday I was contacted about a closing date. It's really here! I have my independent home inspection on Monday afternoon, then my first walk-through on Tuesday. The second walk-through & closing are scheduled for the following Tuesday. 

The pendants are installed over the kitchen island & I have carpeting. Still no kitchen appliances. I told them that I wasn't interested in closing until all items I identified are addressed. 

The driveway was poured & the landscaping is complete. There is sod, plants, and flowers. The alarm system has been installed, but is not activated. The front door was painted and the numbers are on the door. The sconce is on the front porch. The stucco & siding are painted. The closet rods & towel racks were hung. Still no kitchen appliances, but all of my neighbors have their appliances so they must be coming soon. And they are leaving the houses unlocked even with the appliances, which surprised me. I have a list of punch items that I want the project manager to address. He claims we are on track to close end of July/beginning of August, but I don't want to close until everything is addressed.

On Wednesday I met my next goal of $1,200,000 in my TSP. Friday my TSP closed at $1,209,480,85. Let's see how we end the month!

I just posted my June New Worth, then eclipsed that with this week's gains. So much in fact that Monarch had me surpossed $1.7 million for the first time. Pretty cooly. Lucky 7! I will feel very confident when I reach $2 million. That is my goal by age 50.

So far there is installed:

quartz countertops

sinks

cabinets

lighting fixtures

light switches

fans 

backsplash tile

fireplace mantle

mantle tile

vinyl wood floor

ceramic tile floors

Still awaiting installation of:

carpeting 

kitchen appliances

closet rods

shower doors

towel racks

alarm system

Outside they started painting the stucco, but the siding & doors haven't been painted.

Good Morning and Happy July! It's been over a week since I've seen the house. I'm headed there this morning for doctor appointments and will stop by to see the updates. I'm antsy to see whatever progress they've made. I don't get nearly enough pictures. 🏡 

TSP $1,169,909

IRA $342,831

Brokerage $4,946

Investments Total $1,517,686

Savings $138,710

June Net Worth $1,656,396

May Net Worth $1,624,404

Monthly Gain/Loss $31,992

Checking $13,428

Car Value $10,000-16,000

Not a huge deal, but I just realized that when I set up my automatic investments for the year that I directed my contributions to go to VTIAX instead of VTSAX. It's too late to fix for June as my contribution is processing, but I don't I'll switch it back to VTSAX as soon as I can. A good reminder to check your investments periodically to make sure things are going where you intend for them to go.

My step increase that was due June 2nd is now effective in my HR portal. It works out to $141.60 biweekly and an annual raise of $3,681.60. It's nice to receive a little extra cash as I build my home and have the associated moving & furnishing expenses. I am resigning from my PRN position effective the end of July. I don't think I will pick up anything once I move, until maybe the New Year. 

We're approximately 60 days or 2 months out from completion. Projected date is 7/31/2024. Brick & stucco have been installed so the exterior is really taking shape. Drywall has been delivered.

Now the interior progress starts to happen. We have tubs & fireplace installed, but no kitchen appliances. I think once they put in appliances they start locking the doors, so I won't be able to stroll through after hours. Darn. I love watching the progress.

TSP $1,146,260

IRA $337,601

Brokerage $4,305

Total Investments  $1,487,166

Savings $137,238

May 2024 Net Worth $1,624,404

April 2024 Net Worth $1,549,558

Monthly Gain/Loss $74,846

Checking $13,490

Car Value $10,000-16,000

My mom ended up spending 11 nights in the hospital, including 3 nights prior to her surgery. She was then transferred to a neuromedical center for rehab for 2 weeks. She has another week remaining here. My mom is very ready to go home. She is a homebody & this has been hard for her.

My mom had a rough time after the surgery. It was expected that she would go home after one night. Her age & maybe the Parkinson's has made the recovery slower. Also her back condition had deteriorated so much that the surgery took longer than usual. She was in a lot pain & not herself at all. She can't remember much of what happened, which is probably a good thing.

Thank you for asking about my mom & sending your well wishes.

I decided to cash out the majority of my brokerage account. I sold $100k of $103k. This is my house down payment so I wanted to put it somewhere stable. This plus the $35k I had saved in savings will be my house down payment. If my mom can afford to give me the $25k that will push it up to $160k, but I'm not relying on it after her medical bills starting coming in.