So here we are in August and my holiday in Europe is officially over. I definitely spent quite a bit over the vacation, but it was well worth it to attain the experiences that I did. You only live once and I am happy with what occurred.
Finances are still in flux just a bit as I wont be reporting to work until later in the month and I have some CONUS level travel to complete. On a positive note, I no longer will be supporting my friend with a grad school loan so I dont have to worry about depleting my savings account.
I will pull $5K to assist with some transition costs, but a good portion of it will be reimbursed.
No change to A and B below.
a. Find investment vehicle for mom's savings account that I am building (currently at $8,500)
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, $51,497 is in my personal savings. 448 euro is in my European accounts that I still need to close out once my phone bill is settled. |