Comments | p_huge: STREAMLINED THOUGHTS (as inspired by Julian)

p_huge

STREAMLINED THOUGHTS (as inspired by Julian)

Dec 16, 2007 00:05

1) I just got word I'm due another raise this week.
2) I spent more money than I planned to because of it.
3) Everytime I get a raise I get myself into trouble by spending more on unnecessary, albeit cool, items.
4) This raise should play into our (Victoria and my) favor of getting approved for a loan to purchase a home in the next few months.
5) I'm ( Read more... )

Comments 4

lonelynerd December 17 2007, 13:10:31 UTC

Congrats on the raise. I just got one last week. It wasn't a very big raise, but it occurred to me that my hourly wage has increased almost 300% since I began working in 1996, so it certainly adds up over time.

Debt sucks. I've come to a point that I figure everyone has debt. Probably not as much as me for the age I am, but debt nonetheless. I figure I'll always be in debt, so I'm not really concerned about paying it off...just making sure I don't add to it too much.

p_huge December 17 2007, 15:24:19 UTC

My raises are actually pretty significant increases (2 dollars/hour, 3 dollars/hour type of significant), I just misuse it when I get them ( ... )

lonelynerd December 18 2007, 18:16:28 UTC

Holy frak! I've been getting .25-.50 raises for the past three years. I'm in the wrong line of work.

You're way, waaaay too young to be thinking about retirement. If I started thinking about retirement now, it would make me want to just go ahead and check out.

p_huge December 18 2007, 18:52:54 UTC

You kiddin'?!! If I didn't have the urgency to pay off my cards right now I'd be maxing out my 401k. If I can retire by the time I'm 45 then I can spend the rest of my days doing something I actually love. If we can have our home paid off in 20 years then I should have enough (if everything goes as planned by me) in my 401k to retire by 45 years of age.
Victoria is a tad luckier than I as the City of Austin employees are on a pension plan. Essentially, once she's completed 20 years of service then she's done, and is guranteed a monthly retirement check at 70% of her final wage. If we've got the home paid off in 20 years, then there won't be any reason for either of us to keep working as long as nothing drastic occurs between now and then.
If I didn't think about retirement then I'd have much less to look forward to.