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In Response to Money Management - Goals by LeCherie
Sounds like you have things well under control and I envy you. I do use a budgeting software program to track my spending and project future needs
I have been working full time since I was 16, a large part of that working 2 jobs. I have also gone back to school both full and part time several times. Add in 1/2 dozen kids to raise, several invalid relatives to care for at the end of their lives and I am just plain tired. I say I am semi-retired which means I still have to work part time in order to make income for one stretch to cover food/shelter/college for three. I would love to finally just stop working but that is not an option right now.
I feel fortunate to be working in an industry where need for workers far outweighs availability so I can pretty much work as much as I want or need to and S/S will allow me. Up until this year if I went over what they specified I ended up actually taking home about $0.22 on the dollar of what I made. If I know son's tuition is coming due in a few months I will start working some extra days and making him give me a bigger cut of his part time salary to put in the bank for that.
I paid off my house and all debt before I retired and keep 1 "Emergency Only" credit card which I charge a tank of gas on every couple of months then promptly pay off to keep it active. Otherwise I live a totally cash based lifestyle. I try to keep an emergency fund so that I am not constantly " putting out fires" every time the car needs a new tire or the frig breaks down.
Have a few long term investments that I keep well beyond my immediate reach so there is no temptation to"just get this and I will put it back on payday". I seldom play with them.. They have preformed as well or better than most so I look at them every few months and otherwise leave them be and let them automatically reinvest dividends. I don't follow the stock market on a daily basis, I have found that it just makes me nervous to watch it bounce around like a ping pong ball and listen to everyones "predictions". Tried building a pretend portfolio based on several different "experts" analysis and recommendations and found what I had stumbled into on my own over the years actually did better than theirs. So really don't pay much attention to them now.