Wow, how is it possible that I haven't checked in since May? Although sometimes that's kind of fun, you can see progress with a longer lens. Emergency fund (goal of 3 months expenses, ~$5000): May 2014: $2354 October 2014: $2312.39 (ok, unimpressive, but I took out a bunch to totally pay off my rolling credit card balance, so I'm now paying in the month I make the charges rather than the month after. And, I opened an IRA.) Travel fund to visit my cousin in Europe at Christmastime: May 2014: $1387 October 2014: $2673 fully funded wooooooo!!!! this is kind of a cheat, bc I've bought a bunch of tix for this trip but haven't transferred the money to my credit card yet, but after I do I'll still have about $1300 to spend while I'm there! Christmas markets here I come!!!! I've also quit the crappy SAT tutoring company I was working for and struck out on my own, which I am hating so much less (and making so much more!). Savings balance to try and not keep a rolling credit card balance: May 2014: $7 October 2014: $181 (and, have started paying the charges in the same month) New Roth IRA (trying to fully fund it this year?!?) May 2014: $1100 October 2014: $2467 Slow and steady wins the race, right?
@BreakTheTerror Welcome! Great job making yourself accountable, baby steps for all!:)
I want to second everyone else's glowing praise and just say how wonderful these always, always are. Don't ever stop Nicole, and I really want JK Rowling to see them and love them and for you to somehow make a million dollars out of that. Also, I LOVE how you keep weaving the Ronbledore thread through everything.:)
ps- if you ever want to do a "how a super overeducated scientist still in a trainee position does money", I'm your girl.:)
Man, every time there is a comment about how "everyone should just study STEM and get rich" I want to write about this whole phenomenon, but I have just been too lazy to link to all the studies. So thank you Nicole! As a postdoc (in my 6th year) in the biomedical sciences who wants a faculty position, I am the person they're all talking about, and yeah- it's tough, and confusingly hopeless/hopeful (data- "there is a 5% chance you'll get a tenure-track job!" vs. my wonderful boss- "don't worry, you're going to be fine!"). I just went to a symposium in boston talking about exactly this problem and what to do about it, and honestly I think it has two sources: 1) expansion of Ph.D. and postdocs as the workforce of science, despite the fact that we are supposed to be "trainees", and 2) public distrust/lack of investment of science that has led to funding restriction. Which, OK great, those are two super easy problems to solve (not!). Which is too bad, because I genuinely think that having more scientists is good for America, economically and socially.
@bgprincipessa I am pretty sure I started looking in July for Thanksgiving and they were also "absurdly priced" (according to me, which, looking at them now..d'oh!) and did the same thing. I was like, maybe, somehow, magically they will go down? No. they have gone up. The other problem is that two years ago I was planning not to go home for thanksgiving bc it was too expensive, and then jet blue had this magical last minute sale where I got tickets for less than $200 buying them the week before, and so now every year I keep hoping that will just happen again, but I think it was a one-time miracle.
@HelloTheFuture whatttttt??????? I thought that tag was a joke, and I thought, "ha, that would be funny", but SERIOUSLY?
Logan, you are the best at interviews. And I miss your billfold contributions! (But not in a guilt-inducing way, just a fond way:).
Hooray Logan and everyone! We are rocking our financial lives all in our own ways. I haven't checked in since February, so hopefully that will make my progress seem more dramatic.:) Emergency fund (original goal of $2000 met, so goal now is three months of savings): Feb 2014: $1902 May 2014: $2354 Travel fund to visit my cousin in Europe at Christmastime: Feb 2014: $19 May 2014: $1387 I'm working an extra job tutoring to make this happen, which has been sucking my soul away, but will hopefully be worth it! The problem is just all the other traveling I want to do this summer... Savings balance to try and not keep a rolling credit card balance: Feb 2014: $12 May 2014: $7 urgh. Life has been expensive, and I also keep putting out money for work travel that needs to get reimbursed. But still, needs work!
@Dancercise Ugh yeah, I had car repair expenses this month too, plus totally unfair parking tickets that I left for too long to appeal. The question is, is this "emergency" enough for me to take it out of my emergency fund? Especially if I'm only doing that to justify buying plane tickets for vacation that I would otherwise have been able to afford? Stupid car, stupid money.:)