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It's been a while.....

June 12th, 2007 at 06:40 pm

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!

4 Responses to “It's been a while.....”

  1. campfrugal Says:

    Congratulations. That is Awesome.

  2. Lux Living Frugalis Says:

    I'm impressed!! Yeah YOU!!

  3. HouseHopeful Says:

    That is awesome! Way to go!

  4. baselle Says:

    Congratulations!

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