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Old 12-19-2018, 07:10 PM
 
Location: Willamette Valley, Oregon
3,878 posts, read 1,065,601 times
Reputation: 5356

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Same as last year, with the exception of my daughters finances. We've been supporting her for many years, so it would be great if she could take over all her finances. She is a computer programmer and writes Apps for Android phones. She only gets 10 hours a week currently and I'm hoping she can get up to 40 hours/week. Other then that, things are great, I have a nice pension and am collecting SS. We have a fair amount in our checking account, but still have a mortgage. Unless everything collapses we should be fine.
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Old 12-20-2018, 08:01 AM
 
Location: SE WI
495 posts, read 343,598 times
Reputation: 1290
I just plan to keep maxing out my 401K, Roth and HSA. Anything extra will be put towards my mortgage.


Hate to say it but I'd love to see the Dow drop down below 20,000 for a year or two for my own selfish reasons.
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Old 12-20-2018, 12:21 PM
 
Location: Boston, MA
704 posts, read 1,016,812 times
Reputation: 405
I have three major financial goals for 2019:

1. Pay off all revolving and installment debt that I incurred due to the real estate investments. With the rising interest rates, 2019 is the time to wipe off short term debt from my balance sheet.

2. Purchase at least 14 rental units - I have identified them, so it’s a matter of closing on them and improving the operations.

3. Continue to max out 401K, Roth, and have a designated and untouchable emergency fund for 6 months. I have always had liquid capital; however, it has never been set aside as a true emergency fund.

By posting here, I am holding accountable myself to these goals.
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Old 12-20-2018, 12:40 PM
 
Location: Was Midvalley Oregon; Now Eastside Seattle area
3,899 posts, read 1,801,272 times
Reputation: 2969
Hope to have our Heath conditions stabilize. We have high deductible medicare.
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Old 12-23-2018, 02:10 PM
 
25,913 posts, read 28,277,221 times
Reputation: 24533
Quote:
Originally Posted by chahunt View Post
Now that I am completely debt free...I am hoping my financial advisor will teach me how to navigate the stock market and learn the basics. I am in my 20's and I want to learn how to do it the right way while young and hopefully retire early. If someone has suggestions on where to start I'm open to it. Sometimes I browse investopedia
I sent you a DM. Feel free to ask any questions!
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Old 12-23-2018, 02:16 PM
 
Location: Scottsdale, AZ
7,279 posts, read 4,471,852 times
Reputation: 26587
Quote:
Originally Posted by sas318 View Post
I found out we spend $300 a month at Costco. My dream is to go there only once a month. Too bad that'll never happen because my husband loves to go there. I'm an out-of-sight-out-of-mind person, so if I'm not there, I can't buy stuff. But if I'm there, I'll buy stuff, so I wish we could go there less, but it's impossible to out-argue him.
Oh, mine loves going there, too.

Maybe you two could figure out how to generate another $300/month since you both enjoy it?
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Old 12-23-2018, 02:20 PM
 
Location: Scottsdale, AZ
7,279 posts, read 4,471,852 times
Reputation: 26587
My goal for 2019 is to figure out how to generate an extra $120k to make up for what I spent this year on a house and furnishing said house.
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Old 12-23-2018, 03:34 PM
 
310 posts, read 131,883 times
Reputation: 335
My personal hopes for 2019 is to completely pay off my debt within the fist six months, (difficult to do, but I will try). I hope to get overtime at work to help me through this.
After the full payment of debt, I want to start saving. I started the end of this year by changing my savings account to one that has better interest if you don't touch it for 90 days.
I'm hoping to do long term investment with higher amount of money once the debt is paid off.

I plan to visit this forum frequently to get advice on how I should invest, because I lack the knowledge and I am ready for 2019 to start saving
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Old 12-23-2018, 04:09 PM
 
Location: Was Midvalley Oregon; Now Eastside Seattle area
3,899 posts, read 1,801,272 times
Reputation: 2969
"What we do everyday, Pinky; ...."
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Old 12-24-2018, 12:40 AM
 
6,786 posts, read 7,173,031 times
Reputation: 9630
Nothing special that I can think of....
Just keep doing what I'm doing....try to save more, invest more, and build on what I have.

(And enjoy life while I'm doing it. I'm not that great at delayed gratification, so I usually have no problem buying something if I want it. However, being older now, I just naturally tend to want and need less. So that save/spend balance and moderation is working itself out anyway.)
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