Friday, October 27, 2006

It looks like I will be getting a promotion at work. I have not found out what size of raise it will be. The company is currently doing interviews to fill my current position. I have only been with the company for 8 months so I am pretty happy with a promotion and I guess I can't really complain when I found out about the raise. The financial plan is to funnel all of the extra cash into savings since I am cash poor right now. The belief is that I am comfortable with my current spending and lifestyle. It would not be a hardship to keep at the current level.

Wednesday, October 18, 2006

Reading

A list of the current books I am reading: Excel 2003 Bible Access 2003 Bible and I am trying to use Quicken for the first time. I will update on how the reading went.

Sunday, October 15, 2006

Extra money

Today I broke down my expenses and my income and my goal for my savings account is going to be impossible at the current rate. I am going to have to either cut down on expenses or I am going to have to increase my income. After looking through my expenses, most of the money is going to mortgages and retirement plans, and at the minimum I want to keep these where they are. I do not think I spend much money on unnecessary items, and I do not want to force myself to go without everything to make my goals. So then I started looking at other ways to increase my income. I have moved into a new home in the last two months and I am finding that I have too much room. So I am going to go forward on finding a roommate. If you have any ideas on the best way to find a compatible roommate without knowing anybody in the area please leave any ideas.

Saturday, October 14, 2006

Goals

After reading other blogs I noticed that everyone has goals 20 years from now. Right now I have a goal for one year out. In one year I want to have 10,000 in a safety account and I want to increase my retirement account to 40,000. I will update when I get a better grasp of a long term goal.

Networth