Rukh O'Rorke
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Post by Rukh O'Rorke on May 2, 2020 9:06:58 GMT -5
Rukh O'Rorke 05/02/2020 $16,657.07 (Start=$0 / Goal=$43,600)
Saving Goals for 2020 Account | Goal | Added | Saved | Percent | 401k | $26,000 | $628.79
| $4,026.28 | 15% | HSA | $7,600 | $292.31
| $2,630.79 | 33% | EF:MM | $5,000 | 0
| $5,000.00 | 100% | EF:ETFs | $5,000 | 0 | $5,000.00 | 100% | Total | $43,600 | $921.10 | $16,657.07
| 38%
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EF Multiyear Goals
Emergency Fund | Goal | Added | Amount | Percent | Money Market and ETFs | $20,000 | $1,500
| $12,004.66 | 60% | Retention Bonus | $3,500 | $3,500
| $3,500.00 | 100% |
Spending TargetsSpending Categories | Goal | Amount | Percent | Vacation | $3,000 | 0 | 0% | Holiday/Gifts | $2,000 | 0 | 0% | Rukh Discretionary | $1,000 | 0 | 0% | Total | $3,000 | 0 | 0% |
My usual payroll addition to the savings. I have not upped my 401k as yet but will do so Monday. I am adding additional to the EF but not recording with the 2020 goals as the EF there is already at 100% and want to keep the total and percentage of total undistorted. Need to start focusing money towards the 401k goal. But with the planned EF contributions done - that seems a rosier prospect! I received a little retention bonus, and did not want a lot of 401k money taken out of that so left my contributions lower through that payout. The net was 3.5k and I am putting the entire bonus amount directly into my money market account but not counting it towards savings goals as there is a possibility I will not meet the terms to keep it, and then I will have to give it back. Feeling like I can breath a little easier for the moment.
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seriousthistime
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Post by seriousthistime on May 2, 2020 13:02:06 GMT -5
UpdateSeriousthistime, 5/1/2020, $30,011 (Goal, $30,478) this snuck up on me!! Wow - you are doing great and almost done/met goals for the year?? kudos!! But remember I was originally thinking of retiring at the end of August so I set all my goals to be met by then, except for Weekly Savings. There are so few opportunities now to go shopping, out to restaurants, and travel that it's resulted in more money for me to throw at savings. I may set some new savings goals for 2020. Still thinking about what I want to do. I ordered stuff online and spent some money this past few weeks. I ordered some t-shirts from Lands End since I'm wearing what amounts to weekend clothes all the time now. I also ordered an electric toothbrush. My health insurance plan has a good discount on one, my old one quit long ago, and I've been making do with the manual ones. The dentist said I should come in more often for cleanings, but with the current situation I don't want to go there any sooner than I need to. Then I ordered some plants from Bluestone Perennials because I won't just hop over to Home Depot and go on a leisurely stroll through their garden center. (The plants won't be delivered until June.) And I went searching for new outdoor furniture slipcovers because the old ones that came with the set have not held up well; I should have upgraded the fabric at the time. I couldn't find the slipcovers I wanted (dimensions are all wrong) so I investigated getting Sunbrella fabric and sewing them myself. I've done it before. Could certainly do it again. I need to take measurements and figure out how much to order. And then there was the Instacart order and the Total Wine delivery. I can justify both of those. Right?
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jenpen
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Post by jenpen on May 3, 2020 10:26:42 GMT -5
Jenpen, 4/30/2020, $18,892, 35.9% (Start $895, Goal $52,600)
| 2020 Goal
| Start 1/1
| Prior 4/12
| Added | Current | % saved
| Needed | 403b | 24,000 | 0
| 7,000 | 1,000 | 8,000 | 33.3 | 16,000 | 457b | 12,000 | 0 | 3,500 | 500 | 4,000 | 33.3 | 8,000 | Roth IRA
| 7,000
| 0 | 281 | 219 | 500 | 7.1 | 6,500
| Taxable inv
| 2,400
| 0 | 585 | 500 | 1,085
| 45.2
| 1,315 | LT savings
| 2,400
| 0 | 920
| 705 | 1,625 | 67.7 | 775 | ST to spend
| 4,800
| 895 | 3,682
| 0
| 3,682 | 76.7 | 1,118 | Total | 52,600
| 895 | 15,968
| 2,705 | 18,892 | 35.9 | 36,632 |
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seriousthistime
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Post by seriousthistime on May 3, 2020 13:37:16 GMT -5
Update! Stars | Name |
| Amount Saved | Goal | % Saved | Roses | Smilies | | azucena |
| $21,261 | $30,000 | 70.9% | |
| | bobosensei |
| $7,786 | $25,430 | 30.6% | |
| | chiver78 |
| $52 | $910 | 5.7% | |
| | debthaven |
| 552€ | 2,000€ | 27.6% | |
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| debthaven |
| 8,000€ | 10,000€ | 80.0% |
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| | finnime [1] |
| $0 | $0 | 0.0% | | | | finnime [2] |
| $1,000 | $18,500 | 5.4% | | | | flamingo |
| $8,618 | $13,000 | 66.3% | |
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| forwardwego |
| $7,000 | $20,000 | 35.0% |
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| idlechatter |
| $18,780 | $30,000 | 62.6% |
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| jenpen |
| $18,892 | $52,600 | 35.9% |
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| minnesotapaintlady |
| $10,957 | $26,000 | 42.1% |
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| nikiz628 |
| $4,822 | $5,050 | 95.5% | |
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| paynointerest |
| $37,550 | $71,000 | 52.9% |
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| plugginaway22 |
| $7,814 | $12,000 | 65.1% |
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| | resolution |
| $11,800 | $35,000 | 33.7% |
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| Rukh O'Rorke |
| $16,657 | $43,600 | 38.2% |
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| | Saving4Norway
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| $3,400 | $3,003 | 113.2% |
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| Saving4Norway [2] |
| $1,000 | $3,003 | 33.3% |
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| seriousthistime |
| $30,011 | $30,478 | 98.5% |
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| shanendoah [Q1] |
| $6,537 | $5,040 | 129.7% |
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| shanendoah [Q2] |
| $0 | $2,500 | 0.0% |
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| | snapdragon |
| $8,056 | $9,500 | 81.3% | |
| | speechchick71 |
| $21,148 | $28,500 | 74.2% |
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| steph08 |
| $21,724 | $32,600 | 51.2% |
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| | teachermom |
| $2,778 | $75,000 | 3.7% |
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| tobinikui |
| $23,951 | $91,260 | 26.2% |
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nidena , you say not to track you, so I haven't. Do you want to reconsider? debthaven , I missed the update to your goals last month (your Reply #176). I've changed it here.
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nidena
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Post by nidena on May 3, 2020 14:11:11 GMT -5
I'm good. Thank you for re-asking.
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debthaven
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Post by debthaven on May 3, 2020 14:25:19 GMT -5
Thanks Serious. :-)
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nidena
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Post by nidena on May 3, 2020 15:48:31 GMT -5
I am going to be adding one category for savings, probably in June. It as inspired by a conversation about Life Insurance--something I don't have and don't see a need for in my own, personal circumstance. Travel expenses for my brother. If anything happens to me, he will be the one that has to come here to take care of things and even if I had Life Ins, he'd have to come out of pocket at the beginning so I want to mitigate that.
I called him on Friday and said: "Hey, set up a savings account and send me the account and routing number. I'll put down the initial deposit that'll exempt it from service fees and then I'll add to it regularly. That way you won't have to come out of pocket to take care of my estate."
I'll post updated numbers in June.
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jenpen
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Post by jenpen on May 3, 2020 16:10:21 GMT -5
nidena, what a wonderful, thoughtful, considerate thing to do for your brother! I've thought about that issue a lot as well - -how to make things easier for family in case of illness/death -- since I'm the one who chooses to live 500 miles from every other family member. For illness, I have both critical illness and cancer insurance policies that pay a set amount on diagnosis. That will give me $10-15k to either have a family member come help or pay someone here to "be" my family member But in case of death, I think I'll talk to my sister who works at a bank about setting up a special account. Maybe could do joint ownership or POD.
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snapdragon
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Post by snapdragon on May 4, 2020 14:10:25 GMT -5
I completely did nothing on the savings front last month. This month I will have things switched around hopefully by the end of the week so I can update my numbers. Everyone will appreciate this.... So I pulled money from my HELOC for the Kitchen Reno. I got the final bill and I was only off by $18.48. I mailed the check on Friday and I have been paying on this since February so it is already down. I was so proud of myself for thinking that something would occur but I wanted to make sure that I didn't pull out too much money. I am happy paying the extra $18.48 and it not being $1018.48 instead.
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speechchick71
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Post by speechchick71 on May 4, 2020 18:53:47 GMT -5
nidena , what a wonderful, thoughtful, considerate thing to do for your brother! I've thought about that issue a lot as well - -how to make things easier for family in case of illness/death -- since I'm the one who chooses to live 500 miles from every other family member. For illness, I have both critical illness and cancer insurance policies that pay a set amount on diagnosis. That will give me $10-15k to either have a family member come help or pay someone here to "be" my family member But in case of death, I think I'll talk to my sister who works at a bank about setting up a special account. Maybe could do joint ownership or POD. nidena: I agree....that's a great thought. He probably doesn't want to think about it but appreciates it none-the-less One of the things I did to help my family in the event of my death is that I purchased my cremation package already. Believe it or not, prices of funerals go up. I have my package set up so that no matter where I am when I die, I'll be cremated and then my ashes sent to whoever I designate. I like the idea of a separate account for people to travel if need be. The other thing I want to get into place is a living will and POA. I should spend some time making sure all my beneficiaries are in place as well. I need to make a list! (I'm almost 50 and don't plan to go anywhere soon but it would be good to have everything in place)
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Saving4Norway
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Post by Saving4Norway on May 4, 2020 21:28:34 GMT -5
Month | 2020 Goals | Saved | % Met | | B of April | 1000 | 1000 | 100% | | E of April | 1 | 0 | 0% | | B of May | 1000 | 3000 | 300% | | E of May | 1 | 0 | 0% | | B of June | 1000 | 0 | 0% | | E of June | 1 | 0 | 0% | | TOTAL | 3003 | 4000 | 133% |
Saving4Norway (Q2) 5/3/20 $4,000 (Goal $3,003)
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forwardwego
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Post by forwardwego on May 4, 2020 22:01:13 GMT -5
Shoutouts part 1 of 2: azucena I hope your DH is feeling better. Congratulations on 3 fine updates between Apr 9 and May 1, and a new savings total of $21261 and 70.9%. Even in our "new normal" you and your family have made great progress. Good work refinancing the mortgage to 15 years at 2.5%. bobosensei Nice double win for you, building your ROTH by $1500 & reducing spending by $600 . And your May outlook is good as well. Keep us informed on the refinancing. It would be nice to increase your peace of mind and flexibility with a lower payment. Good job at 30.6% to goal, a good pace with 8 months to go. flamingo It's a drag having to cancel your vacation. Good job on your part finding the silver lining, which is bulking up your savings. Good work evaluating your chances of making goal in December and adjusting accordingly now. One third of the year gone is an excellent time to evaluate progress and adjust effort, goals, or both. It sure will be fun to score the . idlechatter You are right, the Savers' Board is the place to be! Nice climb for you of $2533 more. You have good plans and strategies rolling...building a fat chunk to clobber the student loans when forebearance has ended, and a beefy EF in case of job shift. Nice total to goal of 62.6%! jenpen Nice work achieving goal on your catastrophe fund, as well as having a fully funded EF. Solid savings build for you, and now more than on target for the year at $18892 and 35.9%. (I feel your pain on the "high" yield savings. I'm getting a "big fat" 1.5% and it continues to drop almost every month. .) I hope your sweet kitty is fully recovered from his stomach trouble. Very lucky kitty to have a person with solid EF's. minnesotapaintlady Another fine update for you, breaking past the $10K mark, and achieving 42.1% to goal. nikiz628 Nice steady climb for you to $4822 and 95.5%. Do you think you may adjust your goals upward? Keep up the good work, and thank you for the encouragement and acknowledgement you bring to your fellow Savers, and others elsewhere on the Boards. paynointerest It's a pleasure to watch you enjoy being able to build your retirements even more than before. Also it's great that your school is managing the pandemic times adjustments very well. Congrats on a solid bump up in your 403b, and getting your 2020 ROTH goals up and running. And still more than on target for the year at 45.1% plugginaway22 Kudos on another $1409 saved! And happy your DH is back to work. It's the mark of a saver that either way is not overly stressful. It seems prudent to hold off accelerating DH's truck payoff, until the economy feels plateaued. On the HELOC, it sounds locking in the rate also locks in the payment amount? Interesting. I can only imagine how much you are missing your DS's visit. I hope it will be safe and easy for you to visit the Grandbabies before very much longer.
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forwardwego
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Post by forwardwego on May 4, 2020 22:01:39 GMT -5
Shoutouts part 2 of 2: resolution Good savings month for you also pushing past the $10K threshold to $11,800! and at 33.7% right on target for the year so far!! Thank you for weighing in on my question about distributing my TSP savings. I especially appreciated your statement "there is a high risk of inflation eating away at your values over time." I needed to hear it stated like that to see that being overly conservative is a risk of its own! Good insight also on your part that you need to find a place for your plump savings in order to prevent spending temptations. Knowledge is power! Rukh O'Rorke Excellent follow through on your part using your well-earned RI income to nail down your EF's. Good job setting aside that $3.5K until you know whether it stays. I'm very happy that you can now breathe a bit easier. Being a Saver can be hard at times, but the payoff is peace of mind. Congrats to you on $16,657 saved, and 38.2% to goal which puts you more than on pace for your yearly goal . (Thank you also for helping me ponder through my decision of managing TSP retirement account distribution, it helps to have the questions spelled out like that.) Saving4Norway I'm so glad you have found a new method and format to continue to participate here. Good work with another consistent month and a Grand toward your Q2 . seriousthistime Woohoo, at 98.5% you are thisdangedclose to your dancing banana! Super happy to see you totally mastering your savings as your retirement approaches. I'd love to see you kick your car loan to the curb. Even with minimal interest left to pay, it should still pay off in flexibility of your monthly budget and financial peace. (Maybe you'll join us on the Racers' thread, it absolutely changed my mindset to take our mortgage paydown over there to finish.) Thank you for your input on my retirement fund distribution question. Especially beneficial is seeing your example of continuing to have exposure to risk for growth, and the reminder that the L funds are designed for those who want/need to "set it and forget it." I've come to realize that at least for now that is me. As always, thank you for your commitment and contribution to the WIR board, especially our Amazing Savers. shanendoah Good job getting your Q2 goal established. The present time surely seems suited to quarterly goals. snapdragon Great job knowing the numbers on the kitchen project, and on your progress paying that down already. Awareness in finance makes a ton of difference. Looking forward to your May numbers. speechchick71 Excellent work accomplishing full funding of your ROTH for both 2019 and 2020. Present day Speech taking good care of future Speech . Over $21K saved is A-MA-ZING!!! steph08 Kudos on an excellent savings building month, adding over $5400! And though you haven't used the stimulus money the way a lot of people will, it is stimulating your savings and @ summer you'll be more comfortable stimulating the economy with your house build. It circles around, or trickles down, or something like that. nidena Welcome back! Though you aren't interested in joining the Savers' tracking, this is absolutely a great place and method for getting your savings goals organized. Happy you're here to share brainstorming and encouragement. If anyone had an April update and has been overlooked in SHOUTOUTS please message me. Thank you!
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shanendoah
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Post by shanendoah on May 6, 2020 11:07:11 GMT -5
shanendoah [Q2]: $2,000 5/6/2020 (Goal: $2,500 6/30/2020) ROTH [Q2]: $1,000 4/6/2020 (Goal: $2,000 6/30/2020) Savings [Q2]: $1,000 4/6/2020 (Goal: $500 6/30/2020)
Like a lot of people, we are spending less money right now. A lot of the little things you don't think about. Not just my Starbucks habit, but also saving on gas, and just random spending. In addition, C got a full paycheck this last pay period (not counting on this going forward), but it all added up to me being able to put $1k into savings yesterday. So I am happy about that.
shanendoah [Q1]: $7,037.28 3/25/2020 (Goal: $5,040 3/31/2020)
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nidena
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Post by nidena on May 6, 2020 16:11:32 GMT -5
Back in 2016, I transferred most of my TSP into a Traditional IRA. I had something like $9XXX in it and I left the $XXX and transferred out the $9000. Well, one of the funds was set to expire and rollover into its comparably conservative counterpart. (Say that ten times, fast). Well, since I don't plan on touching my TSP until I'm much older and much grayer, I changed that L fund into a C fund--the fund with the biggest pendulum. I don't have a savings goal for it since it's market based except for it to grow to much more by the time I'm 70. In its most recent arrangement, it gained $100 in the past four years. The average returns were, like, 3%. The C fund has averaged 10.66% since its inception 32 years ago and last year was 31%. I anticipate good things to come.
The other savings goals are just trekking along. I'll probably be going back to the part-time in a few weeks and plan to put those $$ into the various savings accounts.
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bobosensei
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Post by bobosensei on May 6, 2020 21:43:59 GMT -5
I'm moving forward on a refi for a 3.375% rate. I could have gone lower, but since I would potentially move if I changed jobs and had a terrible commute I went a half percent higher to preserve my emergency funds. My payment will go down 300 bucks a month and after I get my money out of the current escrow it will be about 1k out of pocket.
I'm glad to be moving forward with this. I spent too much time thinking about it, but now I feel more financially secure since my emergency funds will last longer should anything horrific happen.
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Rukh O'Rorke
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Post by Rukh O'Rorke on May 7, 2020 7:32:35 GMT -5
I'm moving forward on a refi for a 3.375% rate. I could have gone lower, but since I would potentially move if I changed jobs and had a terrible commute I went a half percent higher to preserve my emergency funds. My payment will go down 300 bucks a month and after I get my money out of the current escrow it will be about 1k out of pocket. I'm glad to be moving forward with this. I spent too much time thinking about it, but now I feel more financially secure since my emergency funds will last longer should anything horrific happen. how did you source your mortgage? local bank? bankrate? other?
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bobosensei
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Post by bobosensei on May 7, 2020 7:49:42 GMT -5
I'm moving forward on a refi for a 3.375% rate. I could have gone lower, but since I would potentially move if I changed jobs and had a terrible commute I went a half percent higher to preserve my emergency funds. My payment will go down 300 bucks a month and after I get my money out of the current escrow it will be about 1k out of pocket. I'm glad to be moving forward with this. I spent too much time thinking about it, but now I feel more financially secure since my emergency funds will last longer should anything horrific happen. how did you source your mortgage? local bank? bankrate? other? I'm going through better.com. I read some mixed reviews so wasn't sure what to expect, but so far everything is going really well. I'll update everyone once I am finished. The credit unions all have higher interest rate offerings at more expensive costs. I was never able to get through my bank, USAA, because I had to call to get a rate. What I saw online for mortgages was in line with the credit unions though. I tried some other online sources, rocket mortgage and some others, I'm getting a lot of junk calls now.The better.com rates change daily and the amounts of credits they offer do too. I first started looking at them months ago. I was going to lock something in right when the feds last lowered the rates. I wanted to see how low they would go, and then the opposite happened where the mortgage rates all rose. So I've been patiently checking and waiting for them to come back down.
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Rukh O'Rorke
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Post by Rukh O'Rorke on May 7, 2020 7:53:37 GMT -5
thank you!!
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snapdragon
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Post by snapdragon on May 8, 2020 12:21:53 GMT -5
Snapdragon Update 5-08-20 - $8108.21 / $9500
Car/House $ 3824.11 / $5000
Savings $ 4284.10/ $4500
New Totals $ 8108.21 / $9500
Very small update but at least this is something.
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nidena
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Post by nidena on May 8, 2020 16:20:44 GMT -5
how did you source your mortgage? local bank? bankrate? other? I'm going through better.com. I read some mixed reviews so wasn't sure what to expect, but so far everything is going really well. I'll update everyone once I am finished. The credit unions all have higher interest rate offerings at more expensive costs. I was never able to get through my bank, USAA, because I had to call to get a rate. What I saw online for mortgages was in line with the credit unions though. I tried some other online sources, rocket mortgage and some others, I'm getting a lot of junk calls now.The better.com rates change daily and the amounts of credits they offer do too. I first started looking at them months ago. I was going to lock something in right when the feds last lowered the rates. I wanted to see how low they would go, and then the opposite happened where the mortgage rates all rose. So I've been patiently checking and waiting for them to come back down. You might consider going with a loan officer that isn't tied to a bank. You can find one in the Facebook group VettedVA. You can post questions and such but you'll get no solicitation. Only answers to your questions. If you choose to work with one of the loan officers, the onus is on you to let them know.
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forwardwego
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Post by forwardwego on May 10, 2020 17:07:37 GMT -5
5/15/2020 $7400 (begin $3200; goal $15,000*)
GOAL | AMOUNT | STARTING | $$ TO DATE | % OF GOAL | $$ TO GO | JPPCU CUSHION | 1700 | 100 | 190 | 11 | 1510 | RENTAL MARGIN | 8000 | 2100 | 3850 | 48 | 4150 | PERIODIC EXPENSE | 5000 | 1000 | 3310 | 66 | 1690 | CASH STASH | 300 | 0 | 50 | 16 | 250 | TOTALS | 15000 | 3200 | 7400 | 49 | 10600 |
ETA: Adjusted Rental Margin downward. The original goal of $12K will be out of reach this year, maybe it can be my 2021 goal. Also adjusted Periodic Expense downward from $6K. This will allow some focus to the JPPCU Cushion and Cash Stash which have been pretty stagnant so far this year. I would prefer to adjust midyear, but this year has been "different", and I'm hoping this will feel more motivating than a goal that felt out of reach. * seriousthistime Please adjust my goal number from $20K to $15K.
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flamingo
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Post by flamingo on May 11, 2020 14:25:37 GMT -5
Well, all that money I saved in April on vacation, I just spent on a new laptop. Ok, so not ALL the money, but still. My laptop shut down on it's own one too many times today so I pulled the trigger on a new one. I'm only a little disappointed to have to spend the money. Mostly I'm just looking forward to having a fully functioning laptop again.
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azucena
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Post by azucena on May 15, 2020 8:37:55 GMT -5
Double payday as both DH and I got paid. Since we're not going anywhere we are saving more even if you take into account the occasional online purchases. Added 1525.
Azucena $22,811 of $30,000 goal (76%)
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seriousthistime
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Post by seriousthistime on May 15, 2020 8:55:18 GMT -5
UpdateAccount Name | Goal | Start | Amt. Saved 5/15/20 | Amt. Saved % | Roses | Gifts | $2,600 | $2,300 | $2,613 | 100.0% | | Property Tax | $5,500 | $0 | $5,500 | 100.0% | | Travel | $4,000 | $5 | $4,000 | 100.0% | | Car | $3,000 | $17 | $3,000 | 100.0% | | Survival Fund | $6,000 | $16 | $6,000 | 100.0% | | Weekly Savings | $1,378 | $13 | $982 | 62.1% | | Household/EF | $2,000 | $5 | $2,042 | 102.1% | | Mortgage | $6,000 | $695 | $6,000 | 100.0% | | Total | $30,478 | $3,051 | $30,137 | 98.9% |
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Seriousthistime, 5/15/2020, $30,137 (Goal, $30,478)
Weekly Savings Tracker: $1 | $2 | $3 | $4 | $5 | $6 | $7 | $8 | $9 | $10 | $11 | $12 | $13 | $14 | $15 | $16 | $17 | $18 | $19 | $20 | $21 | $22 | $23 | $24 | | $26 | $27 | $28 | $29 | | | | | | | | | | | | | | | | | | |
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I doubled up on my weekly savings this pay period and selected four weeks from the chart, instead of the usual two selections. If I do this I will be done with these savings goals in August. Not sure what else I'll do this pay period. I may double up my car payment. We'll see. I'd like to have that sucker done by August too.
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Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
Posts: 10,030
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Post by Rukh O'Rorke on May 15, 2020 14:50:29 GMT -5
Rukh O'Rorke 05/15/2020 $17,278.17 (Start=$0 / Goal=$43,600)
Saving Goals for 2020 Account | Goal | Added | Saved | Percent | 401k | $26,000 | $328.79
| $4,355.07 | 17% | HSA | $7,600 | $292.31
| $2,923.10 | 38% | EF:MM | $5,000 | 0
| $5,000.00 | 100% | EF:ETFs | $5,000 | 0 | $5,000.00 | 100% | Total | $43,600 | $621.10 | $17,278.17
| 40%
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EF Multiyear Goals
Emergency Fund | Goal | Added | Amount | Percent | Money Market and ETFs | $20,000 | $1,500
| $13,505.11 | 67.5% | Retention Bonus | $3,500 | $3,500
| $3,500.00 | 100% |
Spending TargetsSpending Categories | Goal | Amount | Percent | Vacation | $3,000 | 0 | 0% | Holiday/Gifts | $2,000 | 0 | 0% | Rukh Discretionary | $1,000 | 0 | 0% | Total | $3,000 | 0 | 0% |
Still haven't updated 401k percents-and that percent goes up every time to meet the same goal..on fewer pay periods... . maybe I won't max this year after all? Stock market doing pretty ok.....too ok if you ask me. Put another 1500 into the money market funds. That isn't counting towards my 2020 goals as I've exceeded that bucket this year already....just playing it by ear .....
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teachermom
Familiar Member
Joined: Dec 20, 2010 21:34:17 GMT -5
Posts: 658
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Post by teachermom on May 16, 2020 12:08:16 GMT -5
FYI....looking to refi....try Churchill Mortgage. They were great!!! I refied before all of this to 3.24% 15 yr. It was easy. Most of it online.
Teachermom
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forwardwego
Well-Known Member
Joined: Dec 22, 2010 3:54:23 GMT -5
Posts: 1,395
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Post by forwardwego on May 22, 2020 13:09:14 GMT -5
5/22/2020 $7600 (begin $3200; goal $15,000*)
GOAL | AMOUNT | STARTING | $$ TO DATE | % OF GOAL | $$ TO GO | JPPCU CUSHION | 1000 | 100 | 190 | 19 | 810 | RENTAL MARGIN | 8000 | 2100 | 3850 | 48 | 4150 | PERIODIC EXPENSE | 5000 | 1000 | 3420 | 68 | 1580 | CASH STASH | 1000 | 0 | 140 | 14 | 860 | TOTALS | 15000 | 3200 | 7600 | 50 | 7400 |
ETA: Adjusted Rental Margin downward. The original goal of $12K will be out of reach this year, maybe it can be my 2021 goal. Also adjusted Periodic Expense downward from $6K. This will allow some focus to the JPPCU Cushion and Cash Stash which have been pretty stagnant so far this year. I would prefer to adjust midyear, but this year has been "different", and I'm hoping this will feel more motivating than a goal that felt out of reach. * seriousthistime Please adjust my goal number from $20K to $15K. Thank you
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shanendoah
Senior Associate
Joined: Dec 18, 2010 19:44:48 GMT -5
Posts: 10,096
Mini-Profile Name Color: 0c3563
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Post by shanendoah on May 26, 2020 12:34:12 GMT -5
shanendoah [Q2]: $2,975 5/26/2020 (Goal: $2,500 6/30/2020) ROTH [Q2]: $1,500 4/6/2020 (Goal: $2,000 6/30/2020) Savings [Q2]: $1,475 4/6/2020 (Goal: $500 6/30/2020)
Okay, met the goal for this quarter, with another $500 planned to go to the ROTH at the end of next month. So even if nothing else gets saved, we're still on track.
shanendoah [Q1]: $7,037.28 3/25/2020 (Goal: $5,040 3/31/2020)
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paynointerest
Established Member
Joined: Dec 21, 2010 1:35:20 GMT -5
Posts: 440
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Post by paynointerest on May 27, 2020 6:28:19 GMT -5
UPDATE! May 27, 2020
Pay-no-interest: $47,350.00 (Goal: $71,000)
| Goal | Saved | % of Goal
| Amt Spent
| My 403b
| $19,500
| $19,500
| 100%
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| My 457b
| $19,000 | $600
| 3%
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| Tax Invest Acct
| $6,000 | $7,000
| 117%
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| Property taxes
| $4,500 | $4,750
| 100%
| $1,252
| DH2020 Roth
| $6,000
| $5,000
| 83%
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| MY2020 Roth
| $6,000
| $3,000
| 50%
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| DH 403b
| $10,000 | $7,500
| 75%
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| Total
| $71,000 | $47,350
| 67%
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I mentioned last month that I was going to add DH and my 2020 Roth contributions to this year's race and have added the numbers. Some of the contributions occurred earlier in the year with savings that I had set aside. I added more this month from the extra money we had over from this month's paycheck. I guess making food from home and buying my own beer, rather than eating out and having a beer with dinner helps with savings . Plus, we normally take a vacation in May and that was cancelled. In other news, I maxed out my 403b contribution and will now shift my contributions to my 457b account. I am spending money on my flower beds and since we were home bound for Memorial day weekend, I was able to finish mulching, bought some perennials that were on sale over the holidays, and moved more plants around. Now I get to focus on keeping them alive and seeing the final result. I found this quote that sums up my feeling about gardening
"Gardening is the art that uses flowers and plants as paint, and the soil and sky as canvas." --Elizabeth Murray
I hope everyone is continuing to hang in there and that you manage to stay healthy as we venture into the reopening period.
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