Yay, Bonus

iVillage Member
Registered: 10-09-1999
Yay, Bonus
8
Wed, 12-26-2012 - 12:57pm

I got a nice Christmas bonus, net $17,900...paid extra owed to escrow for increase insurance, paid some Dr. bills & extra on mortgage & $ into EF.  Our mortgage is now under $45,000 & we are counting down 23 mths til it is paid off.  Our EF is now at $17,400 & I have $ set aside for eye checkup & new glasses.  We do plan on putting a new roof on the house in the spring so we will use part of savings for that.  But I feel really good about where we are right now.  Its been many years of paying off debt & striving for a debt free life.  I'm an avid Dave Ramsey fan & I'm thankful everyday that I read his books & listened to his radio show.  Retirment account is at $337,000 & our IRA is at $15,500 & adding to it every month.  I should get between $15,000 & $21,000 added to my retirement account from my employer in January.  I now see that all of the hard work & sticking with my job for 28 years is paying off.  My DH has moved around with jobs, due to back surgery etc., & only works March thru October so I'm thankful for where our finances are & that we can handle him being off for several months a year.  My main goal at this point is to have our  mortgage off paid by the time I'm 51...just turned 49 this year. 

I encourage you all to keep posting & reading this board for all of the support & ideas you can get here.  Keep on keeping on & I hope financial peace for you all in 2013!

cindylee

iVillage Member
Registered: 10-01-2008
Wed, 12-26-2012 - 3:07pm

Sound like you are doing GREAT!....Congratulations and I hope you reach the goal of getting that mortgage gone for good. 

Again, Congratulations!

iVillage Member
Registered: 10-28-2009
Wed, 12-26-2012 - 4:33pm

AWESOME!!!

iVillage Member
Registered: 06-04-2004
Wed, 12-26-2012 - 8:02pm

Wow!  That is fantastic!  And good for you for not being self indulgent with this windfall.  Great job! 

~leanne

deciding to be happy doesn't mean that everything is perfect, but that you had decided to look beyond the imp

iVillage Member
Registered: 11-14-2008
Thu, 12-27-2012 - 11:15am

Well atta Girl Cindy! All your hard work is paying off. I'm so glad you can get your efund back up to where you are comfortable after helping your family. I hope you pinch that little girl's cheeks each time you see her and hug all your family. I know you love them to bits and that is just great!

Your retirement is sooo on track and will do even better after you get that house paid off. I hope you have a heck of a party when you do that please!!

A 28 year old job is impressive! That doesn't happen all that often anymore.  It has paid off for in spades!

All the best in 2013 Cindy!

iVillage Member
Registered: 07-06-2003
Thu, 12-27-2012 - 12:23pm

It's wonderful to hear that you're doing well :)  Hard work and focus does pay off!

Kassandra

"It is said that life has its peaks and valleys.  The challenge is to accept them equally and experience them

iVillage Member
Registered: 12-16-2012
Sat, 12-29-2012 - 9:10am

Congrats !!! Wish we all were blessed like this lol! Enjoy!!

Michelle

Community Leader
Registered: 08-25-2006
Sat, 12-29-2012 - 3:51pm
How exciting on all counts!
Serenity
iVillage Member
Registered: 12-31-2010
Wed, 01-02-2013 - 3:01pm

Cindylee -

Excellent job and yahoo for bonus's, wish I had one!

You are doing great in the retirement area as well and are super on track.  You are just nearing the age when a retirement assessment would be a good idea to get, but your numbers look pretty solid depending on how they are positioned.

Good job!

-Marie

#Marie