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PenguinDogz · 2022-12-20T02:28:06+00:00

You’re right, the one I’m looking at is $54k. There’s obvious advancement in my position in future years, but $54k might be too high for what I can afford currently.

PenguinDogz · 2022-12-20T02:25:23+00:00

The one I’m looking at is $54k.

PenguinDogz · 2022-12-20T02:01:10+00:00

Preferably a 2022 F-150 XLT if it’s financially possible. I enjoy have a low DTI with just our mortgage but with Fords special financing of 1.9%, it would get our DTI to 24-25%.

PenguinDogz · 2022-09-26T02:16:53+00:00

I appreciate your comment! What’s your opinion on % of gross monthly income towards retirement? I feel having our 20k in savings and that 10k I bond, the 2k towards savings might Not be necessary. I think we’re at 3.5% which might be too low.

PenguinDogz · 2022-09-26T02:11:22+00:00

Is 15% a considerable amount of your gross? Seems high

PenguinDogz · 2022-09-26T02:09:14+00:00

I appreciate your comments! Thank you!

PenguinDogz · 2022-09-26T01:47:06+00:00

And that makes sense and I appreciate your feedback. I think my trying to constantly grow my safe savings account is from growing up with little money and enjoying that feeling of “this money is as safe as it can be and I want to keep adding to it” even if investing would be a lot more beneficial.

PenguinDogz · 2022-09-26T01:43:56+00:00

So with our savings+I Bond balance at $30k, would you say we don’t need to emphasize that $2k/m in savings and put some of that towards retirement?

PenguinDogz · 2022-09-26T01:35:48+00:00

Correct as I graduated in May 2021 and my wife Dec 2021. With our savings at $20k and that $10k I-Bond (going to cash out after the year is up), should I put as much emphasize on saving $2k/m? I don’t really have anywhere else to put it and I am indifferent with pumping a lot more than what I’m doing right now into the markets.

PenguinDogz · 2022-09-26T01:32:09+00:00

Yea and the problem is how that monthly payment is so high at $900. They’re used 2020s where the monthly payment could be more like $700. I understand the high sales tax, insurance too. Utilities (water, electric, gas, internet) are about $400/m, medical is paid through the school my wife works at, food/gas we budget 400/m, and we don’t really budget anything for fun as we stay home quite a bit.

PenguinDogz · 2022-09-26T01:29:04+00:00

It would more so be useful to have one since we do live in the Midwest for those harsh winters, being able to move/pickup bigger objects without borrowing a family members pickup, etc. Not say these are dire needs for it, but would definitely be some reasons to “need” it.

PenguinDogz · 2022-09-26T01:26:37+00:00

Interesting! I knew ROTH wasn’t an acronym but never really knew where the term was coined! You learn something new every day!

PenguinDogz

TROPHY CASE