<< Back to all Blogs

About Me:

Not So Mighty Merch

I know that where I am now is not where I want to be (in credit card debt and medical debt). I vaguely now where I want to be (running a small business (franchise or real estate), having more quality time with my family, and less stress or maybe different stress).

So, this is a journey from here to there. Wherever there is. Hence the title and my confusing ramblings.

I am embarrassed to say: I make more then I should and still live paycheck to paycheck, I am older and should be more mature, I am educated (MBA in Finance) and should know better, I have worked for investment houses and am unable to manage mine.

I think you get the general idea.

*********************************
Goals 2010
*********************************
2. EF Fully Funded
. a. 4th Month - $5,000
. b. 5th Month - $5,000
. c. 6th Month - $5,000
3. Contribute $14,000 to Son 1 529
4. Contribute $8,000 to Son 2 529
5. Extra $36,000 to mortgage
6. Rebalance portfolio
7. Educate myself more on Real Estate
8. Educate myself more on foundations

DONE:
1. Invest $16,500 in 401(k)

*********************************
Savings and Investing
*********************************
Mortgage (4.5% interest rate)
01/31/2010 - $341,840 ($1,413 paid)
02/28/2010 - $340,422 ($1,418 paid)
03/31/2010 - $338,973 ($1,448 paid)
04/30/2010 - $337,544 ($1,429 paid)
05/31/2010 - $336,109 ($1,434 paid)

*********************************

DONE:

Invest $16,500 in 401 (k)
01/31/2010 - 2,295 Invested
02/28/2010 - 4,718 Invested
03/31/2010 - 7,268 Invested
04/30/2010 - 10,430 Invested
05/31/2010 - 12,980 Invested
06/30/2010 - 15,402 Invested
07/31/2010 - 16,500 Invested

My Pages

2009 Goals

*********************************
Goals 2009
*********************************

3. Contribute $12,000 to Son 1 529
4. Contribute $6,000 to Son 2 529
5. Extra $36,000 to mortgage
7. Educate myself more on Real Estate
8. Educate myself more on foundations

DONE
1. Invest $16,500 in 401(k)
2. EF Fully Funded
. a. 1st Month - $5,000
. b. 2nd Month - $5,000
. c. 3rd Month - $5,000
6. Rebalance portfolio

ON HOLD
2. EF Fully Funded
. d. 4th Month - $5,000
. e. 5th Month - $5,000
. f. 6th Month - $5,000

*********************************
Emergency Fund and Mortgage
*********************************

1st Month - $5,000
01/31/2008 - $796 ($4,204 saved)
02/17/2008 - $0 ($5,000 saved)

2nd Month - $5,000
02/24/2008 - $3,881 ($1,119 saved)
03/31/2008 - $3,881 ($1,119 saved)
04/08/2008 - $0 ($5,000 saved)

3rd Month - $5,000
04/08/2008 - $0 ($5,000 saved)

4th Month - $5,000
5th Month - $5,000
6th Month - $5,000

Mortgage (4.5% interest rate)
01/31/2009 - $340,948 ($477 paid)
02/28/2009 - $340,469 ($479 paid)
03/31/2009 - $339,988 ($481 paid)
04/30/2009 - $339,504 ($484 paid)
05/31/2009 - $353,000 - Refinanced
06/30/2009 - $351,623 ($1,376 paid)
07/31/2009 - $350,241 ($1,382 paid)
08/31/2009 - $348,854 ($1,387 paid)
09/30/2009 - $347,462 ($1,392 paid)
10/31/2009 - $346,064 ($1,397 paid)
11/30/2009 - $344,662 ($1,402 paid)
12/31/2009 - $343,254 ($1,407 paid)

*********************************
Savings and Investing
*********************************

Invest $16,500 in 401 (k)
01/31/2009 - $2,529 invested
02/28/2009 - $4,550 invested
03/31/2009 - $6,411 invested
04/30/2009 - $8,273 invested
05/31/2009 - $10,600 invested
06/30/2009 - $12,461 invested
07/31/2009 - $14,788 invested
08/31/2009 - $16,500 invested

Not So Mighty Merch

Where I am now is not where I want to be. So this is my journey from here to there.

2009 Goals