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Everyone has to do a first post

October 15th, 2006 at 08:33 am

So, to get the general information post out of the way: late twenties claims adjuster in northern California. Single, no real debt (other than my credit card balance which is paid-in-full monthly), but nowhere near the savings I should have. This is a problem, as this means no emergency fund and no downpayment fund.

On the plus side of things, retirement is looking quite good, as I'm maxing out my 401(k) at work and trying to max out my Roth. Additionally, the car is paid off, so that's a significant chunk of change to bank monthly. My living expenses are also fairly low, since I have two roommates. These two factors leave me feeling very good about my ability to save.

I hope this blog will help me save, since it will give more accountability than looking at my bank statement and going, "Oops, nothing left." My goal is to have at least $10,000 saved by the end of 2007, but I hope to do more. I'd also like to get myself to the point where I'm only living on one paycheck per month, but that might be more than I can do.

8 Responses to “Everyone has to do a first post”

  1. flinnie Says:
    1160905142

    Welcome glad you'er here.
    It good that you started saveing at such a young age.
    Keep that up and it won't be long befor you can buy that house.
    Paying though credit cards bills off each month is the way to go.

  2. LuxLiving Says:
    1160909535

    Hello and welcome!

    For inspiration check out this Minimum Wage Challenge:

    http://lrjohnson.savingadvice.com/

    The key to your savings program perhaps is to make it a P.R.I.O.R.I.T.Y. and the VERY FIRST THING you subtract out of each paycheck.

  3. Broken Arrow Says:
    1160916872

    Welcome!

  4. Ima saver Says:
    1160919713

    Welcome and glad you have joined us!

  5. moneycents Says:
    1160925396

    Welcome...you already sound like you are on the right track.

  6. PRICEPLUS Says:
    1160931822

    Howdy! Welcome to the community! Pull up a chair and hang out. Shoot the breeze, learn, and teach!Smile

  7. ren Says:
    1160939061

    Thanks for the welcome, everyone! LuxLiving, thanks for the link, looks like there's lots of useful information there.

  8. tinapbeana Says:
    1160954857

    ren, glad to see you're here. there's so much variety and inspiration on this site, i'm sure you'll find something that will click for you!!

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