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New to this

March 31st, 2007 at 10:33 pm

I've decided to join the blogosphere in my journey to financial peace of mind. To begin with a few stats: I've been married for 17 years, I have a 14-year old daughter and an 8-year old son and I've been an RN for 16 years. Except for two years in El Paso, TX, I've lived in GA my entire life; not that I'm complaining.Wink
That's the personal stuff, now the financial:

Debt:

Student Loan- $10868
Chase MC- $9394
Auto Loan- $13,484
Mortgage- $180,000

The good news: except for the mortgage, I don't have an interest rate higher than 4.75%. That's the only good news about this.


Assets(I'm not including property like my jeep and the house):

Personal savings- $1445
IRA- $2530
Individual stocks- $1800
401K- $1252


Pretty pathethic huh? I am what is referred to in "The Millionaire Next Door" as an UAW-Under Accumulator of Wealth. How did I end up like this at such an advanced age? More on that tomorrow......

Posted in Random thoughts | 10 Comments »

10 Responses to “New to this”

  1. Amber Says:
    March 31st, 2007 at 10:38 pm

    First, I would like to say welcome and next I do not think your situation is pathetic...remember there is some one out there worst than you. Good luck and I look forward to reading about your progress. Again welcome Smile

  2. monkeymama Says:
    April 1st, 2007 at 07:00 am

    Welcome! Hopefully we can all help you to move forward.

  3. Broken Arrow Says:
    April 1st, 2007 at 07:24 am

    Ahwelcome!

  4. tinapbeana Says:
    April 1st, 2007 at 07:48 am

    nice to have you join us! there's a great bunch of people on here from a range of income, debt, and locations... hopefully you'll find exactly what you're looking for!

  5. JanH Says:
    April 1st, 2007 at 08:18 am

    Welcome! Glad you are here.

  6. asmom Says:
    April 1st, 2007 at 08:54 am

    thanks everyone for the encouragement!

  7. Ima saver Says:
    April 1st, 2007 at 09:49 am

    Welcome, I live in georgia too, up in the mountains of North Georgia!!

  8. Elly Says:
    April 2nd, 2007 at 06:36 am

    Welcome! I'm a newbie too. Smile

    Wishing you success on your journey to financial freedom!

  9. madhaus90 Says:
    April 4th, 2007 at 08:57 am

    Hi - I'm new here too - married 17 years as well, with 4 kids: DD9, DD8, DS 4, and DS2. I'm struggling now with where to put the small additional $ we have: retirement? (can't borrow for that), education (did just get 1 prepaid tuition started at $321/month for 10 years). We have a huge mortgage so is it best to put additional payments on that so its paid off? And I have only $15 K in IRA to husband's $71K. And the $25K in student loans is MINE, and who knows when I'll go back to work ... Anyhow, WELCOME!

  10. PauletteGoddard Says:
    April 5th, 2007 at 10:26 am

    Welcome! This is a great place to learn!

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