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June 26th, 2015 at 10:31 am

There have been quite a few big finance-related things going on in my life since I last posted. Here's a quick rundown.

1. 401K Catch Up Contributions: I decided to start making catch up contributions to my 401K. I still don't much like the investment options in my 401K, but I'm doing it for the tax savings plain & simple.

2. My Work Situation Up in the Air: My employer lost the contract that makes up the bulk of my work, effective the end of July. My work situation is even more up in the air than usual.

3. New 4-Legged Family Member Addition Pending: We are very close to finalizing the adoption of a dog. Needless to say (but I'll say it anyway), I'm thrilled. Pets are a financial responsibility, and worth every penny.

4. End of the Road for DH's Big Dream: DH has decided that he is not going to try out for the Champions (aka senior golf) tour. He has dreamed of going pro since he was in college and has never stopped working toward it. He'll continue to be a passionate and very talented amateur golfer. Being the awesome & responsible guy that he is, he has never allowed his pursuit of the dream to jeopardize our financial stability, and was willing to throw in the towel when he realized it wasn't going to happen. This frees up the "Big Dream Fund" money. Did you know it costs a lot of money to go pro? Paying for Q school is just the tip of the iceberg. Pro golfers have ZERO guaranteed income and must cover some pretty hefty expenses (travel, caddy pay, etc). It's one of the reasons we have lived so far below our means and saved so aggressively for decades, so that the money would be there if DH reached the skill level where he could go for it.

5. Another Move May Be In Our Future: We are seriously thinking about another move, this time to a high cost of living area. We're still just in the thinking stage, not yet planning. Our next door neighbors just listed their house for sale, and since it is comparable to ours we will be keeping a close eye on how long it takes to sell and the sales price.

Many other small things going on, but I just wanted to get the big stuff down.

P.S. LOL - I forgot to mention that our house got hammered by a hail storm awhile back and we have to get a new roof, gutters, window, screens, etc. We haven't replaced anything yet because we're waiting until storm season is over and more contractors are freed up. Funny that I forgot to include this in my original post. Of course we have insurance, but we have to pay the deductible. Thank goodness for the EF.

6 Responses to “Updates”

  1. rob62521 Says:

    Sorry about your job being up in the air. Hopefully something wonderful will come about.

  2. creditcardfree Says:

    I think it is awesome you saved so hard for the big dream, even if it isn't the dream to be followed. Enjoy the new addition.

  3. Ima saver Says:

    Good to hear from you. It has been awhile.

  4. snafu Says:

    Thanks for the update. Sounds like potential for a lot of changes. Hope you will have an easy transition to other responsibilities or another position. If you decide to move that's a whole new and exciting road. I was hoping you'd update us on how the garden has evolved.

  5. scfr Says:

    Thank you for asking about the yard, snafu. You are right, that should have been included as it has involved a lot of work. DH did most of the work, though I helped with unloading when he rented a truck from Home Depot to pick up river rock. DH has worked so hard and the front & back and one side are finished. The amount of grass lawn has been reduced quite a bit (and on one side he completely got rid of it and put in rocks and plants). We still have to decide what to do with the final side, and might need to wait until fall when the weather cools down to do the actual work. It all looks really nice, although it definitely has a DIY vibe.

  6. MonkeyMama Says:

    The US senior open was in our neighborhood this week.

    Lots going on! It will be interesting to read if you move to a High-cost locale. My parents have retired very well and frugally in San Francisco area. Absolutely no plans to move. I think our low cost move was essential in our 20s/30s, but don't have strong feeling in the long run. Of course, this is assuming we never have to rent. As long as you aren't paying the absurd rents you can do fairly well. I would not be surprised if we move back eventually because more jobs in high-cost locale. Would just love to get my kids through K-12 first. It's raising kids that has been significantly advantageous in lower cost locale.

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