Spending That Future Raise

At the beginning of this month, I sent in a check to my mortgage company that was going to cover the “outstanding principal amount” for my mortgage. This may not be my last check–the amount listed was not the payoff amount–but the fact remains that I should soon have a lot more money available in my monthly budget.

This is likely the last time I will get such a salary bump, and I want to be smart about how I use it. Though I wrote about this one month ago, I am still turning over in my mind all the possibilities for using this extra money. The amount is not insignificant: the payment towards principal (including an amount to “round it up”) and interest is 22% of my take-home salary each month.

Since I am still thinking about it, I thought it might help me to be very specific about what I could do with it. If there are any recent residency grads about to start their new attending jobs, with their new attending salaries, I am hoping that this may help them think through what they will do with their bigger income.

Continue reading “Spending That Future Raise”

Busy Busy

Dad’s doing better, but now things are busy. Hopefully things will calm down soon, and I will have time to post more regularly.

Back Next Week

Life has gotten very busy with work, and work, and taxes. As I wrote last week, you can (probably) have it all, but not necessarily all at the same time. I’m taking a little break from blogging and will plan to be back next week.

Staying the Course

A little bit ago, I was looking through the forum at the White Coat Investor site. Someone posted looking for support in staying the course. They had discovered the financial independence movement 2 years ago, and were in the long slog (as described very well at Our Next Life) between the excited discovery stage and the finish line.

In reflection, I realized it was just over 4 years ago that I discovered Mr. Money Mustache and fell down the rabbit hole of the financial blogosphere.

Continue reading “Staying the Course”

Anticipation

I’m going through a tough time now. I’m working long hours, and I can’t say I am loving winter. In fact, Spring is welcome to drop in, any time it feels ready.

Normally when I start feeling like this, I’d start daydreaming about my next trip. I would browse the internet to consider various destinations, maybe even finding a plane ticket, or looking at hotels to stay in.

Continue reading “Anticipation”

Future Me, the February Follow Up

At the end of October 2018, I wrote about 10 Steps to Future Me. I was a bit worried that I would be cutting back on work and frittering that extra time away. Those 10 steps were meant to move towards my idea of how I wanted to improve myself and/or find new activities to give my life some purpose and form once I am no longer working full time. I thought it might be time to review them, see what progress I had made, and think about how I might move forward on some of those 10 steps.

To be brief, there were 10 items to work on over time, but I really only planned to address 4 or 5 of them over the short term. What have I gotten done in the past 3 to 4 months?

Continue reading “Future Me, the February Follow Up”