After apartment shopping for a while now, I’ve come to terms with the reality that $1700/month is not going to get us a ”nice” one bedroom. It WILL get us a one bedroom that has crappy reviews and doesn’t make one feel calm after returning home from a long day of work. And a long commute with a lot of traffic.
The thing is, I CAN afford higher rent. My boyfriend’s maximum is $850 so it’s up to me if I want to split 50/50 or chip in more for a place that will make me happy. My bf has lived in a shed sans running water and a kitchen for the entirety of his adult life to date, so he doesn’t exactly have high standards. The fact he’s willing to pay up to $850 actually surprises me, it turns out he does have some standards. However, he’s made it clear that he will not pay for cable and he won’t offer a penny over $850, with a preference towards $800. Continue reading
One of my goals for 2014 was to live on my savings and max out my 401k before obtaining access to any new funds. The good news: as of February 15 I am $550 away from maxing out my 2014 401k! The bad news is that the markets haven’t fared that well in the first few weeks of 2014, thus my $17500 investment has immediately shrunk. Boo. At least I’ve managed to survive on my “life fund” from late 2013. I’m now down to about $3000 so it’s great news that I’ll be seeing some of my salary in my next paycheck!!!
It was important for me to get the 401k out of the way early on because I am concerned I may be laid off from my job soon, and chances are I will find another position at a small company that will not offer access to a 401k. While I’ve never had access to a 401k with a match, I’ve taken full advantage of tax deferred savings when available. I’ve only had access to a 401k in 2010, 2011, 2012, 2013 and 2014. My first full-time job even brought in a 401k specialist to talk to us and then decided it wasn’t worth paying to administer the retirement plan, so we didn’t get one. I know a 401k is a luxury and I take full advantage of it when possible.
As of mid February, my networth is around $259k (including my maxed out 401k.) That kind of sucks because at the end of 2013 my networth was $250k, so I’m only “up” $9k right now (or down $8500 if you count the total amount of money I’ve put into my accounts!) Hopefully the market will rebound and I actually purchased these 401k shares on the cheap. We’ll see. It would be nice to see the $17500 earn 10% this year and conclude being worth at least $19250. Right now my current employer 401k has $59296.43 in it for 3 years of investment, worth about $19765 per year.
The good thing about maxing out my 401k early is that if I do lose my job I won’t have to worry about finding another job for this year to get tax-advantaged investments. I can start worrying about that again in 2015!
I genuinely planned to stay at my current job for at least four years, so it has been challenging to push myself into considering other opportunities. Another one has practically fallen onto my plate that might be too good to pass up. I’m torn!
So there are positives and negatives to the opportunity. What’s becoming increasingly clear, however, is that my current role – despite how great it has been for my career – is at the end of its growth value. This doesn’t mean I need to jump today, but I can’t hold myself back should the right position come up.
Maybe it has. I am hesitant to leave without a sizable raise if not a title jump, so I’m seeing what can be done. I’m nervous as all hell. Did I mention I hate negotiation? I am really excited about the company and opportunity. I’m chopping at the bits to get to work, and wish that all this pain of negotiation didn’t have to lie between me and getting down to business.
I’m most excited by the feeling that I can really kick ass at this gig. Like really, really kick some major ass. Whatever they agree to pay me, trust me, I’ll be worth it.
I grew up in a household that wasn’t financially efficient, so it shouldn’t surprise me that my parents, like many Americans, continue to throw money into their homes when the actual home value will never be worth a lot more.
They claim they are making the updates for their own quality of life, and I believe it, but the actual amount of money they are putting into my childhood home is outrageous if you look at it from a financial perspective. Continue reading
There are two types of racists in the world — the ones who blatantly hate on another race for being different, and the ones who just would prefer to be around people who are more like them. Most people are slightly racist. It doesn’t matter what color your skin is. As the musical Avenue Q puts it – “Everyone’s a Little Bit Racist Sometimes.”
Looking for an apartment, my racism comes out in full force. Neighborhoods around the Bay Area are very neatly divided along color lines. There are areas for Mexican-Americans, areas for Chinese-Americans, Indian-Americans, Japanese-Americans, Korean-Americans, Vietnamese-Americans, Cambodian-Americans, African-Americans and so on. Continue reading