About Me

Lee

39 years old
Married
Elk Grove, CA
2 year old daughter
4 year old son

Retirement Pension Worth:
$1.605 million @ age 55
$1.974 million @ age 63
This is my million dollar question. What age to retire?

Present Goal:
Save with at least 30K or 6 months of Emergency Funds.

Target Goal for 2008:
Save $12K by end of 12/31/08

Emergency Fund Balance as of
01/29/08: $4661.00
03/01/08: $5935.00
03/27/08: $6950.00
05/01/08: $8225.00
05/30/08: $9250.00
06/13/08: $10207.62
07/08/08: $11233.95
08/13/08: $12322.65

EF GOAL MET FOR 2008. VOILA!

Personal Goal
-$10.00 a day limit
-Limit dining out
-Stick to monthly plan budget

Movie Reviews

It's official getting 5% raise July 1st.

June 23rd, 2008 at 06:46 pm

I just check with HR today, I'm getting 5% raise, or about $150 net extra per month. With all the prices of gas and food keep going up, it's just a wash to me. Do I even treat this a raise, or save it instead.

Posted in Raise | 3 Comments »

3 Responses to “It's official getting 5% raise July 1st.”

NJDebbie Says:
June 23rd, 2008 at 06:54 pm

I save my raises. Pretend you never got it. I know, easier said than done, but it can be done!
cptacek Says:
June 23rd, 2008 at 07:48 pm

I saved all of my raises until we had a financial planner come in to talk to us at work one time. He told us to save/invest half and use the other half to reward yourself for doing a good job that year. A good balance, I think.
tripods68 Says:
June 23rd, 2008 at 08:44 pm

If you have been reading my blogs we'd been saving a lot towards EF. But I do need to add more towards my retirement accounts 457 and ROTH, $50 bucks per account beginning next year. I'll think I'll do that. In the mean time, I'll enjoy the extra $$ this year

Tripods68's Personal Finance Blog

We're just riding along...

It's official getting 5% raise July 1st.

3 Responses to “It's official getting 5% raise July 1st.”

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