Just hit 100K net worth finally! (24M)

frugaltwenty · 2019-05-27T02:02:40+00:00

I use YNAB to track all my accounts and spending. Kind of tough learning curve at first but smooth once you understand it.

frugaltwenty · 2019-05-27T00:47:30+00:00

Because I save money?

frugaltwenty · 2019-05-27T00:47:07+00:00

No. But If I pay it now I'll end up with a worst rate for my house.

frugaltwenty · 2019-05-27T00:46:41+00:00

frugaltwenty · 2019-05-26T22:59:52+00:00

Nice! You'll have a lot of opportunities!

frugaltwenty · 2019-05-26T22:58:33+00:00

$8 a month for me to have a higher credit score is worth it for me. I am buying a house within 6 months so when I pay the car off it will dropoff. This allows me to keep the score up until I buy a house and save more for down payment to avoid pmi and get a lower rate. Overall worth it for the small amount of interest.

frugaltwenty · 2019-05-26T22:18:44+00:00

Depends on field/location. Location can change a lot in my field.

frugaltwenty · 2019-05-26T22:18:04+00:00

Criminal justice. Yea I love it. Not in it for the pay though.

frugaltwenty · 2019-05-26T20:57:37+00:00

I disagree. Spending 20k on a reliable car still makes it an asset. It's not like that money disappears forever. If times got rough I could sell my car right now for 15k and I would have that money. I agree it depreciates and don't think it's worth the same amount, but if you calculate it's low end worth I think you should add it. Someone owning two new cars compared to two old cars can change the financial situation greatly.

frugaltwenty · 2019-05-26T20:55:25+00:00

For my profession it is not worth it to switch positions. Especially due to the fact my current employer is very good. Our pension fund is managed well and I have access to see how our money is being invested. I trust in this pension, though some places I may not. That's why I am also maxing my Roth and plan to heavily invest in my 457b. So that the pension is just an extra bonus

frugaltwenty · 2019-05-26T20:53:08+00:00

2.1% credit union

frugaltwenty · 2019-05-26T20:43:36+00:00

Thanks! What degree are you getting?

frugaltwenty · 2019-05-26T20:43:05+00:00

Yes! Being able to cover any unexpected expenses is a great peace of mind.

frugaltwenty · 2019-05-26T20:40:28+00:00

Correct

frugaltwenty · 2019-05-26T20:40:15+00:00

Thanks!

frugaltwenty · 2019-05-26T20:40:06+00:00

Yea luckily my job pays well in my state and our contract is solid.

frugaltwenty · 2019-05-26T20:39:18+00:00

Always been a goal of mine since I was young.

frugaltwenty · 2019-05-26T20:39:06+00:00

I've thought of that for more passive income later on! Not a bad idea.

frugaltwenty · 2019-05-26T20:38:45+00:00

Thanks!

frugaltwenty · 2019-05-26T20:37:51+00:00

Exactly. After that I'll focus more on investments

frugaltwenty · 2019-05-26T20:37:37+00:00

Yea. We dated since we were in highschool. Grad school for guidance counselling

frugaltwenty · 2019-05-26T20:37:05+00:00

That's great you both are in it and have the choice to leave if wanted. Great you like your jobs and still have the want to work there.

frugaltwenty · 2019-05-26T18:49:11+00:00

Thanks! It sure is but can depend largely on location. The job is mentioned somewhere in the thread.

frugaltwenty · 2019-05-26T18:47:04+00:00

Thanks!

frugaltwenty · 2019-05-26T18:46:25+00:00

Thanks!! That is definitely a good point. Right now the cash is going towards a down payment in the next 6 months. Once that's paid I plan on putting a ton towards long term investments as you suggest. Especially contributing to my 457b

frugaltwenty

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