Hey, look at that! My current balance -$25,906!
Since my last post, I forgot an additional payment that hadn’t yet processed. My servicer can be a bit slow with crediting multiple payments. Anyway, my balance is dropping! The smaller the better. Hooray 🙂
Another Student Loan Refinance?
I’m thinking about doing another refinance. Yes, another one, after the first and second times. Once I get my balance down to about 18k or so, I’m considering refinancing into another 5-year loan with another servicer. Why? Two reasons. Read More
Did you participate in Black Friday / Cyber Monday or did you participate in Buy Nothing Day?
I bought one thing on Black Friday. I had no business buying anything else given my finances right now. 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