As promised in my first post, here are all the numbers that I am starting from, or are at currently. I will periodically update as things change, but for certain things, I don't expect them to change very rapidly. So maybe the updates will be infrequent for things like growing 401K, etc., but I will always be as complete as possible. As of today, 07/29/2014, this is where I am at:
Predictable Income: ~21,000/year (Income from day job which doesn't include OT or anything from side/personal projects that I may do), or ~42,000/year if you include husband's income. (We work at the same place, and make the same.)
Checking: ~600ish-- I don't actually expect this to change that drastically because of the way savings accounts are set up and the cyclical nature of getting paid and money going to bills. But you never know...
Savings: ~1800--I actually have 3 accounts for savings, or rather, one account and 2 sub accounts. Though, this number reflects the total of all of them because since they are tied, if a big emergency happens, I could easily transfer funds to use. But let's just hope that doesn't happen. I have one for "Life's Hassles" or the emergency fund, one for "Down Payment" and one for "Fun/Vacation Money".
Why so many? I believe, and I think many would agree, that it's important to have REASONS that you are saving to help keep on track. It's easier to say "I am saving for Ireland" or "This will buy my house someday" than to just vaguely say "I need to save." So, if you find yourself struggling to save money, that's my first suggestion: Besides saving for a rainy day, sit down and decide/define WHY you want to save, or what you're saving for. You may just find that this step naturally makes you more conscious of your spending and saving habits, and helps you add to your savings.
401K Plan: My plan account says ~400, but it takes a while to register contributions, and my paystub says ~500, so we'll go with that./ Husband's is ~230. (We both just opened them this year, and he started after me.) We both contribute 10% each check, and receive 4% match from our employer.
Debt: Aside from my car payments (of which I should be rid of in about 7 months), and perhaps a less than $200 cell phone bill that I forgot to pay when I cancelled my previous service (which will be taken care of in the next month or so), neither I nor my husband carry any substantial debt-a fact that I am proud of, especially since at one point after having some hard times after our move between states, we were paying off a maxed out credit card of $1500. Thankfully, that hasn't been the case in about a year or more. So, for the purposes of this blog, I say I am debt free. Hooray!
Total "Net Worth": About $3130 between all combined accounts. So, I am a long way from a millionaire. But that's OK--Even Warren Buffett had to start somewhere!
Current Weight: ~195-196 Pounds. Despite being consistent in working out and eating better, this number has not changed in several weeks. While I have been experimenting with various factors that could be causing it, I do realize that my body is changing and that I am getting stronger and healthier, so I TRY to not focus on the number on the scale too much. I think I will also go back to not weighing in more than once a week-that seems to be a good number as opposed to the 3-4 times a week I do now.
Pictures are always a good way to track, and husband and I had been doing about every 2 weeks for a while, but haven't been consistent in months-So that's one goal I'll be working on, to be more consistent about pictures-especially since the scale can be a trickster, and a good motivator to keep going is to SEE in a side-by-side comparison how things change.
These ones below are about a month old. I will take some more current ones this week.
So now that we know where I am currently at, let's march forward and make some progress!