Of Age and Fuses
Look at this picture. Do you see a young woman or an old woman?
At work this week, I was talking on a conference call with teammates and the banter led to a conversation about people’s ages. They each said the year they were born. (I didn’t volunteer mine.) I found out that the people that I’ve been working with on this project are ALL younger than me! Even the two leads who are 2 levels above me who I thought were years older. My jaw silently hit my desk. Read More
‘Edgar’, Men in Black movie
Earnest Dies and Navient Takes Over Its Lifeless Body (repost)
One year ago, back in October of 2017, I wrote this post about Navient buying then student loan darling, Earnest. I mentioned the lawsuit against Navient, and borrowers likely concerns, as well as the founder-CEO’s impassioned plea to calm nerves and stem a possible mass exodus of customers. Borrowers were assured that Earnest would remain independent and that they would continue to be taken care of like they always had been.
Turns out the borrower concerns were well justified. One year later, that impassioned CEO, has collected a big payout check and left the company. Navient has installed new leadership and control. Read More
A few financial headlines caught my attention this week. Some good, others… not so much. So here they are; the good, the bad, the ugly, and the WTF?.
Good News: Retirement Savings Contributions Will Increase in 2019
It’s finally official that 401(k) employee contribution limits will rise to $19,000 in 2019. (Source: IRS)
If you are someone fortunate enough to have access to a 401(k), let alone be able to max it out, enjoy the extra $500 next year. Don’t forget to adjust your withholding settings in January.
Not to be left behind, IRAs and Roth IRAs contribution limit will increase from $5,500/year to $6,000/year. (Source: IRS)
People who max this tax advantaged space every year (I hope to be one next year), are excited about making round, even $500 monthly (or $250 semi-monthly) payments instead of the odd $458.33 monthly (or $229.16 semi-monthly) payments. Yeah, this is actually a thing that people geek out on. Read More
My debt is still big, but it’s not crushing me anymore!
Student Loan Re-refinance
Good news! I was able to re-refinance my loan with my current student loan company to get a lower rate. Everything went through as of yesterday and I am now the proud owner of a shiny new student loan. I don’t know if this is a common thing for student loan companies to allow or not, but I’m just glad I didn’t have to move over to a new servicer. Woot! Read More
As I wrote about in my last post, I have been given a salary adjustment at work to remedy my below market pay. In case you haven’t noticed, I’m very happy about this. 🙂
I’ve been in limbo an unable to draft a new budget for two reasons. One, my roommate situation was still up in the air resulting in having higher rent than I had been paying, and two, I didn’t know how much my salary adjustment would impact my take home pay after it got
hit slammed by taxes, etc. Read More