I’ve saved up a total of $5,000.
That’s insane.
To be accurate, I’ve actually saved up $5,800 so far since starting my new job back in later September of 2017. That might not sound like a lot, but to me, it’s quite a hefty chunk of change — plus I was still able to take a nice week-long California vacation!
As I said some time ago in my last post, I’m currently saving up for a down-payment on a multi-family property. I’m thinking about $10,000 to $12,000 should be plenty enough for the price range multi-unit properties go for in my area, so I’ve still got a ways to go. Still, I’m proud to be able to say that I’ve saved so much!
Aside from that, I wanted to make a short post to keep this place updated on what I’ve been up to and where I’m currently at, financially. So I’ll lay it all out in a quick bullet-point list:
- Saved $5,800 towards down-payment for first investment property.
- Opened a Roth IRA at Vanguard with $1,000 to start.
- Set up automatic deposits of $200/mo. from my checking account.
- Got a (very small) raise at work. New salary? $34,050.
That’s it. Nothing to really write home about, but it’s something.
Anyway, while I’m saving up for that down-payment, I’ll be working on two small goals. (1) I’ll be working on building a niche affiliate website to see if I have the knack for it, and (2) I’ll also be saving up a little chunk of $500 so that I can give Fundrise a try.
‘Til next time!
NP
So recently I finally upgraded my cell phone from an HTC M7 (god rest it’s soul) to a Galaxy S8 because, well, my phone was on the verge of death. Like, for real. I put off getting a new phone for years because I dreaded having to move all 3 of my apps and 12 contacts–I’m that lazy. Regardless, after dropping my 4+ year old phone and actually breaking the screen for the first time in my 10+ years of owning phones, it was time to suck it up and deal with it.
Neurotic Finance 