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Hi you all,
This is @prsdoc with a new username since I caught heat for doc in my name as a student. I want to officially say hello and share a little more about myself before participating more in the community.
Here are a few things I've done after having come upon the knowledge on this site:
- Read the automatic millionaire, opened a money market account and automated 10% of paycheck into savings and 13% into Roth TSA (the table on page 48 was too convincing). Also made sure my money is going into a low maintenance target date fund for now.
- Become debt averse (student loans, car loans, cc's, all are the plague unless absolutely necessary). This sentiment is mostly from the blog posts on cars, and WCI talking about his currently lifestyle with few payments.
- Monetized a growing website (but delivering value and developing trust are #1 priority)
A couple short term goals you all have inspired are:
- do my own taxes this year using the taxes made simple book WCI recommends. A little nervous about properly reporting other streams of income, but I'm sure I can post specific problems here if necessary.
- pay off the $3500 cc debt I've amassed to apply to med school and travel for interviews (before school starts)
- pick the cheapest school I get into.
- stick to a budget I've created in mint starting in February. The amount I spent on brews for new years and my birthday was astounding. Funneling the excess money into cc.
A few long term financial items I am considering are:
- pay off $12,000 in undergraduate debt by the start of residency (is this necessary?)
- create an investor policy, chooses and AA, and open a taxable account early
- create a plan to support my parents. They have no retirement savings and have bad financial habits. They also are not very willing to learn and change. However I wouldn't be where I am without them so will need to think of something
- finding a teammate with similar views on finances
Thanks for being so welcoming in the past and answering my previous questions.
This is @prsdoc with a new username since I caught heat for doc in my name as a student. I want to officially say hello and share a little more about myself before participating more in the community.
Here are a few things I've done after having come upon the knowledge on this site:
- Read the automatic millionaire, opened a money market account and automated 10% of paycheck into savings and 13% into Roth TSA (the table on page 48 was too convincing). Also made sure my money is going into a low maintenance target date fund for now.
- Become debt averse (student loans, car loans, cc's, all are the plague unless absolutely necessary). This sentiment is mostly from the blog posts on cars, and WCI talking about his currently lifestyle with few payments.
- Monetized a growing website (but delivering value and developing trust are #1 priority)
A couple short term goals you all have inspired are:
- do my own taxes this year using the taxes made simple book WCI recommends. A little nervous about properly reporting other streams of income, but I'm sure I can post specific problems here if necessary.
- pay off the $3500 cc debt I've amassed to apply to med school and travel for interviews (before school starts)
- pick the cheapest school I get into.
- stick to a budget I've created in mint starting in February. The amount I spent on brews for new years and my birthday was astounding. Funneling the excess money into cc.
A few long term financial items I am considering are:
- pay off $12,000 in undergraduate debt by the start of residency (is this necessary?)
- create an investor policy, chooses and AA, and open a taxable account early
- create a plan to support my parents. They have no retirement savings and have bad financial habits. They also are not very willing to learn and change. However I wouldn't be where I am without them so will need to think of something
- finding a teammate with similar views on finances
Thanks for being so welcoming in the past and answering my previous questions.
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