Tweet
I know we have to wait another 15 days but just wanted to start a post. It's been a very good year financially. I think I need to get my DH to find me his new 401k so I can see how things are going. I must say it's been a great year financially. 
-
Definitely a great year riding the wave of the best US economy in decades. I’ll post final numbers in a couple of weeks.Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going. -
Yeah, actually, here too. Investments are way up, it's been a good year at work and the company's operating margin saw a big turnaround, and I recently got a bonus and a raise. DH received some good incentive pay at his work too, and is in the process of evaluating a big opportunity. No unexpected expenses this year. Everyone in my circle has been healthy. No whammies... Feels kind of like what working hard and planning well should feel like, across the board.History will judge the complicit.Comment
-
Overall, our family's finances have done great in 2024. I'll do my semi-annual data pull at the end of December, but I'm confident in saying that our financial situation is dramatically better than 12 months ago. Rough estimates on our assets (which have grown substantially, up ~25%, with the stock market run-up) includes ~$1.2M retirement, $850k non-retirement market investments, and a ~$260k rental property -- estimating our net worth around $2.3M ... I'll check in later with actual numbers.
Our financial situation overall is also much healthier. For starters, we're no longer running 2 separate households, nor paying almost $2k/mo for childcare (now closer to $500/mo). We also just closed (today!) on the sale of our previous home, freeing up $361k for other investments. We're living on base overseas, so no rent, no property taxes, & the only utilities are internet ($100/mo) & very inexpensive cell service ($45/mo total). Our costs for food, autos/fuel, and insurance are all generally lower. Admittedly, my income is ~$20k/yr lower than 2 years ago, but that reduction happened in mid-2023 when I moved to Japan, and isn't dramatically impactful today ... though for a while there, running 2 households on both sides of the Pacific ate into our savings capacity. Now, we're back up to saving/investing ~45% of gross (dipped down to ~38% for probably 6-8 months).Comment
-
Congrats!Originally posted by kork13 View PostSteve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.Comment
-
-
I haven't crunched numbers but I am up pretty big this year.
The 25% number being thrown arounds sounds about right.BrianComment
-
Haven't tallied everything up. Today's 3% drop didn't help everyone. That may be recovered before years end.Comment
-
Yeah I’m still waiting for the Santa Clause rallyOriginally posted by EasyMoney00 View PostSteve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.Comment
-
Do you think there will be one of note, after such a strong year already, but a string of low days this close to end of year? I'm expecting things to kinda stay static for a little while, give or take 2-3%.Originally posted by disneysteve View PostComment
Comment