1. Got promoted! I will be making around 15% more a year from a salary perspective. Bonus pool really opens up at the new level. I will be eligible for a 25% check annually if I perform at the highest level. All in all, I expect to make six figures at a minimum with large upside. Even more importantly I get to save more $$$. This will come in the form of, now larger, 401(k) contributions with match, or saving in my own brokerage account and savings accounts.
2. Got engaged! This caused a hit to my cash stockpile, but I also used my bonus check to cancel out the majority of the impact.
I think it looks like 2011 is the year where I will finally become net worth positive.
The details:
MONTH ASSETS DEBTS NET
March $56,749.54 $72,064.31 ($15,314.76)
April $55,398.73 $65,043.75 ($9,645.01)
Investments (i.e. IRA, 401(k), Stocks - $38,641
Cash - $16,757
Student Loans - $63,337.57
Credit Cards (will be paid off with no interest)- 1,706.18
Thanks for reading!
- Educated Debt
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