Category Archives: $48000
I Made A Decision About ESA Funding For 2006
My original goal for 2007 is to save 60% ($48,000) of my gross income in retirement or education savings accounts. One of my mini-goals, inside of my main-goal, was to contribute $2000 to my son’s ESA for fiscal year 2006. I have made the decision NOT to fund his ESA for 2006. I have already [...]
My Current Investments
I don’t talk a lot about my investments. Why? I don’t really know all that much about investing. Remember, for the first 31 years of my life, I was broke and in debt. Now, I’m debt free, saving some money, and I’m learning as much as I can about investing. I am funding my 403b [...]
$48000 Goal: 3 Months In (An Update)
I began 2007 with a goal of saving 60% of my gross income ($48,000). (On this blog, whenever I say “my” I am referring to “household” income.) So far, I have fully funded my daughter’s ESA for 2006 and 2007, fully funded my Roth IRA for 2006, and fully funded my wife’s Roth IRA for [...]
Roth IRA Contribution Limits, Tradeking, Emergency Fund
I recently setup two Roth IRAs with Tradeking.com. After some debate, I have decided to withdraw $8000 from my savings account so that I can fully fund both IRAs for 2006. While I dislike the idea of depleting my emergency fund, I HATE the idea of missing out on 2006′s contributions. If you’ve ever wondered, [...]
