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!

2 comments:

  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!

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  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!

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