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Hey all,
I've been in a financial rut my whole life but finally I've made some strides in the last few years, not much but getting better.
Here's where I am now:
Age: early 40s
4 kids
monthly net: 6k
225k in pension, contribute 10%, match 15%
cash: 10k. i must be cursed, i can never save more than this!
2 cars paid off.
100k in life insurance.
100k equity in home (owe 100k, worth 200k)
0 credit card debt
monthly payments:
mortgage, inc. tax, ins: 1800
monthly parking: 150
utils: 350
other expenses fixed: 300
food, gas, etc: 1000
so end of month i am now having 2400 left in disposable income. this is after years of paying debt. i plan to put 1500 into savings every month starting next week. 900 left to do whatever, may invest in stock market.
just thankful to finally be debt free.
I've been in a financial rut my whole life but finally I've made some strides in the last few years, not much but getting better.
Here's where I am now:
Age: early 40s
4 kids
monthly net: 6k
225k in pension, contribute 10%, match 15%
cash: 10k. i must be cursed, i can never save more than this!
2 cars paid off.
100k in life insurance.
100k equity in home (owe 100k, worth 200k)
0 credit card debt
monthly payments:
mortgage, inc. tax, ins: 1800
monthly parking: 150
utils: 350
other expenses fixed: 300
food, gas, etc: 1000
so end of month i am now having 2400 left in disposable income. this is after years of paying debt. i plan to put 1500 into savings every month starting next week. 900 left to do whatever, may invest in stock market.
just thankful to finally be debt free.
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