Friday, April 29, 2011

DH Got a New Job!

I'm so proud of my own prince today. After months of waiting today I am happy to announce DH accepted an offer for a new and exciting job!

His salary will increase by over 20%! And they're giving him $8,000 in company stock, three weeks of vacation a year and a guaranteed annual bonus worth 12% of his salary. They also match 7.5% of his 401k contributions. It's almost too good to be true!

He starts in two weeks!!

Also I'll just throw this in here as well. We recently combined finances. It was long overdue to be honest and it makes things a lot simpler. Hopefully I can post our new budget soon. I'm going to have to get used to budgeting monthly. Luckily just as we started doing this our budget suddenly got bigger thanks to the new job. We're motivated to working together as a couple to pay off debt and save for our future.

Monthly Student Loan Debt Roundup

Hi everyone and a Happy Royal Wedding day to you! Even though I live across the pond I still woke up at 5 a.m. to watch the festivities live (two hours earlier than I woke up on my own wedding day haha).

Since tomorrow is a Saturday and I will be celebrating some big news with my own handsome husband I decided to do my student loan debt roundup a day early. I'm happy to report that I am finally in the $110's!

Here are the numbers:

And stay tuned for some exciting news in the S.N. family!

Monday, April 4, 2011

Net Worth March 2011

March is gone and I'm $1100 richer (less poor?). My current networth is -$106,073.

Here's the breakdown:

Cash: I'm keeping this the same because all of the cash I have right now is earmarked for debt payoff.

Retirement: My 457 account balance stands at $9,551. I have approximately $5459 in my pension (refundable until vested). And finally I have contributed $1000 in my Roth I.R.A. and for some reason that makes sense when my financial advisor explains it, it's only in a Money Market account now. This makes for a grand total of $16,010 saved for retirement.

Student Loans: These are at the LOWEST THEY'VE EVER BEEN at a whopping $120,793!

Credit Card: Not much progress yet as we're scrambling to pay off joint debts first.

My husband and I talked about our debt payoff progress some this week and we've decided to join accounts. I know this is definitely the right move but I'm still a little nervous to see how it's going to work out. We're a team now so we should act as one financially. I will probably continue to post "my" networth on the blog though just because I like to track it.