<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > Archive: October, 2017
 

Archive for October, 2017

Fully Funded Roth IRA

October 26th, 2017 at 03:00 pm

Last night, I realized that I should make an effort to fully fund my Roth IRA. I transferred the remaining $4,500.00 contribution from savings to the checking and fully fund the IRA. I think I am going to continue doing this for as long as I can. Fund it and forget about it.

Mortgage Principal Reduction

October 24th, 2017 at 03:32 pm

Here we go again; we decided to begin paying down our mortgage principal hoping to pay it off in seven years or less. We really want this monkey off our backs. We will continue to contribute to our retirement funds as usual.

If we manage to pay it off in seven years, it will save us $190,000.00 in interest.

Mortgage Principal Reduction

October 24th, 2017 at 03:24 pm

Here we go again; we decided to begin paying down our mortgage principal hoping to pay it off in seven years or less. We really want this monkey off our backs. We will continue to contribute to our retirement funds as usual.

Overdue update

October 19th, 2017 at 04:10 pm

Life has been a bit chaotic for us but it is starting to mellow down a bit. My brother and his wife have now returned to work, although they do not have electricity yet. I helped my brother fill out the disaster assistance from FEMA's website and he received $500. We sent an additional $550 to help him out. He was able to purchase a generator to run the fridge, fans and the washer.

Financially speaking we are keeping up with the "Lofty Savings Goal" and I am excited to tell you that we're at 89.7%, a bit over 10% to fully fund this. My mom is now living with us (since late August). She came to us two weeks prior to Hurricane Maria and I am so grateful she did. Otherwise, I would've been going crazy. I've been working an extra hour almost every day at work at $30 an hour. I did not sign for it at first but I was practically begged to do it. On some months, I can make an extra $400. Sometimes, I wish I could just go home after my regular hours; my job drains me mentally and physically.

I am starting to look into Christmas shopping. I did buy a nativity set that I definitely did not need but wanted badly. I waited a month to buy it hoping that the itch to have would go away, but it never did.

Fall in in the air in my neck of the woods and I love it. Autumn is my favorite season!

Back Story

October 13th, 2017 at 04:54 pm

For those of you who have donated to relief agencies aiding in Puerto Rico, as an American to an American, I want to say THANK YOU!

A little back story; In 1940, my grandfather, a U.S. Army officer was stationed in Puerto Rico where he met my Puertorican grandmother. They soon wedded and from that union, my dad and uncle were born. In 1950, my grandfather, at that point, separated from the U.S. Armed Forces, left Puerto Rico alone to the mainland to look for work planning to eventually send for my grandmother, my dad and uncle. Unfortunately, my grandfather was killed in a car accident at 32 years old. My grandmother chose to stay in Puerto Rico to raise her boys close to her family as she worked as an English teacher at a public school. My grandmother never remarried. Although, I was born in the U.S., I was raised in Puerto Rico until I was 12 years old. We were a "strange" bunch, the only kids in our hometown with an English surname in a Spanish-speaking country. The majority of us were blonde with very fair skin.

Love of culture runs deep in our blood. It's been 36 years since I lived there but I still get goosebumps and butterflies every time I visit. God knows when I'll be able to go again; I'll have to wait until electricity and water is restored. One thing is certain, I will be back. My brother and his family are still there and so are an array of extended family.

Please continue to pray for my brother and family and again Thank you United States of America for taking care of your fellow Americans.