If you have followed my posts on the boards, you'll know that this past week, I decided to clean up some financial stuff. We had too much in cash accounts, well above what we needed for a comfortable emergency fund. I closed one money market account entirely (just over $2,700) and transferred $5,000 out of another.
I went online this morning and verified that both of those transactions had been completed and the money was in our checking account. Then I logged into Vanguard and fully funded both my Roth and DW's Roth for $5,000 each.
Never before have we maxed the Roths this early in the year - January 8. So that is crossed off the list of things to do in 2011. The focus now, along with all of the usual stuff, is going to be prepaying the mortgage. I don't think we'll be able to pay it off before our daughter goes to college, which would have been very nice, but we'll get pretty close.
Roths fully funded for 2011!
January 8th, 2011 at 02:19 pm
January 8th, 2011 at 02:51 pm 1294498291
January 8th, 2011 at 05:39 pm 1294508384
January 8th, 2011 at 08:08 pm 1294517295
January 8th, 2011 at 10:00 pm 1294524035
January 9th, 2011 at 03:14 am 1294542863
January 9th, 2011 at 04:58 am 1294549136
January 12th, 2011 at 02:26 am 1294799212
Even with that, we still have some excess cash that needs to be reallocated. I need to take some time and sit down and review the big picture to decide where best to put that money.
January 20th, 2011 at 02:51 pm 1295535114
January 20th, 2011 at 06:19 pm 1295547581
July 7th, 2013 at 02:15 pm 1373206543
amazing what can happen when you manage to increase your income, get credit card debt paid off and start saving. It snowballs the opposite way for the way debt usually piles up. I much prefer savings with high numbers than debt with high numbers.