As we head towards the end of the year, I am very happy with where I am at financially.
I haven't traveled as much as I would like, but I have over $12k in cash available to start traveling when my schedule permits.
The good thing is that I will complete my personal savings back payment by 2020.
Goals to complete before the new year:
a. Find investment vehicle for mom's savings account that I am building (currently at $5,600; saving $500/month)
b. Find account for long term savings. I am of the mindset that I would like to have two "pots" for my savings. One where I retain my money market account at $20k, which will form my emergency nest egg. The second account will be in a slightly more riskier fund (50/50 stocks/bond acct?) and will contain my long term emergency fund, which I would like to grow to $80k+. By doing this, I feel that most of my emergency fund will grow to at least match with inflation over the years.
Of the other assets, $28,965 is in my personal savings. 9717 euro is in my European accounts. Nice increase due to a nearly ~1,800 Euro refund for electric reconciliation.
Maxed my IRA for 2019.
Here is to breaking $500,000 in 2020. Cheers! ^^ |