Tuesday, November 23, 2010

Fiscal fitness and raises!

A month ago, I vaguely alluded to the fact that there's a lot going on in my world around career and stuff. Oh, I could share several months' worth of agonizing, but the short and happy news is I recently received a raise. woot!

So now I don't know what to do with it. I'm out of debt, I already spend more than enough on travel, and I'm in reasonably good shape for retirement savings (and since I save a percentage of my income, that savings will be increased automatically). At this point I think I'm just going to save the difference toward unspecified future expenses like a house or car. I'm wondering if I should put something like 10% into a shorter-term account? There are many things I need/want/would like, but they're too big or expensive or recurring to receive as a gift.

We'll see!


  1. Buy something nice or fancy or fun for yourself, for crying out loud! You can save for the future forever and get hit by a bus tomorrow. Don't go stepping out in front of buses, but don't be squeamish about spending some money when you have it and your financial situation is in order!

  2. oh don't worry about me, I do VERY WELL in spending money on myself! But I will take your sage advice into consideration!