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Post by ShimmeringSTAR on Apr 9, 2012 16:18:22 GMT -5
Rare..do you have a detailed plan of those steps that I can have via email?
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Post by Chal™ on Apr 9, 2012 16:38:39 GMT -5
Rare..do you have a detailed plan of those steps that I can have via email? times 2 |
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Post by Rare_Commodity on Apr 9, 2012 17:45:51 GMT -5
Rare..do you have a detailed plan of those steps that I can have via email? times 2 Shollllll do. PM me your incognito email addy and I will send you what my research has found... LOL I have some money in my retirement not sure if I should take it out and pay off debt or just roll it over. I have minimal CC debt but got booo coooo student loan debt but my mind is already set to pay off-no forgiveness or discharges coming my way. Was gone buy a new car but I was like hell naw! I even put off law school for another year until I can get control of my finances. Finna get a side hustle and stack this paper. I always told myself just bc I increase my income NOT to increase my expenses. I'm currently living below my means and finna go even lower-at least for next 2-3 years. Another roommate (live in) would surely help....lol I meet with 4 different CFP's (Certified Financial Planners)this week. Their inital consults are complimentary so I want to see if they are giving me contradictory info or similar advice. One is a CPA so they can also give me a quick advice on reducing tax liabilities....I am by no means a pro so I knew it was o.k. for me to ask for help from a professional. I will not take advice from someone who is not modeling the way... |
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Post by Rare_Commodity on Apr 10, 2012 15:11:34 GMT -5
I didn't like the first guy I met with he was too pushy but he did hip me to a few things.
ORIGINAL LIST
Baby Step 1-$1,000 to start an Emergency Fund
Baby Step 2-Pay off all debt using the Debt Snowball
Baby Step 3-3 to 6 months of expenses in savings
Baby Step 4-Invest 15% of household income into Roth IRAs and pre-tax retirement
Baby Step 5-College funding for children
Baby Step 6-Pay off home early
Baby Step 7-Build wealth and give!
My REVISED LIST
Baby Step 1-Invest 10% of household income into Roth IRAs and pre-tax retirement
Baby Step 2-$1,500 to start an Emergency Fund
Baby Step 3-Pay off all debt using the Debt Snowball
Baby Step 4-6 to 8 months of expenses in savings
Baby Step 5-Build wealth and give!
Baby Step 6-College funding for children (N/A)
Baby Step 7-Pay off home early (N/A)
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Post by ShimmeringSTAR on Apr 10, 2012 15:17:18 GMT -5
Thanks Rare for the email
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Post by Rare_Commodity on Apr 11, 2012 8:43:53 GMT -5
You're welcome!
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Post by Chal™ on Apr 11, 2012 10:16:29 GMT -5
still waiting for an email woman,......
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Post by Rare_Commodity on Apr 11, 2012 11:21:11 GMT -5
Ummm Ms. Missy I sent it to the email you sent me.
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Post by Chal™ on Apr 11, 2012 11:23:37 GMT -5
[pursed lip]
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Post by Rare_Commodity on Apr 11, 2012 11:24:17 GMT -5
*hit 'em with the lean back*
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