Since I made my last entry.
Recently, I reached my major financial goal. My 401K savings exceeded 100K.
This is a big milestone for me.... to bring the number to 6 figures. My first goal was to save the amount equivalent to my annual income. (which wasn't hard because I don't make much LOL) Aaaand, I set another goal to save 100k. It really helped that I saved 20% of my gross income for three years. After those three years, I had to improve my cash flow, so I'm only saving 6% now. (With 6% contribution, I can fetch company's match.) The stock market was down during years I saved 20% of my salary, so I guess it really helped to boost my balance.
My next target is 250K. I know it will take a while, but I will do it!
It's been a while.....
June 12th, 2007 at 11:40 am
June 12th, 2007 at 12:19 pm
June 12th, 2007 at 02:39 pm
June 12th, 2007 at 04:30 pm
June 18th, 2007 at 08:43 pm