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Background

August 26th, 2008 at 09:45 pm

Here is where I currently am financially. I didn't start saving until the last six months of my five year college career. During college, I had scholarships for my first two years, paid out of pocket my third year, and took out Stafford loans for my last two years. I currently live at home and pay $400/mo rent to my parents.

My checking account has around $1000.
My online HSBC savings account has around $7000, although I have earmarked around $1500 of that for my vacation in December.
I have a Roth IRA w/ Fidelity, which I had funded $2000 in March 2008, but due to market conditions, it is not worth that much anymore.

My only liability is my student loan that I will start paying down in September. The balance is $11,000.

This is my first blog...EVER...so I'm just seeing what it is like and to get my thoughts out. We'll see where this goes.

10 Responses to “Background”

  1. PauletteGoddard Says:
    1219788869

    Hello and welcome to SavingAdvice.com! Good luck with your blog and goals!

  2. Ima saver Says:
    1219790336

    Welcme glad you have joined us and that you are starting to save at a young age!

  3. mom-sense Says:
    1219794839

    Welcome!

  4. Blue Eyes Says:
    1219797518

    Welcome! It sounds like you are doing well with saving!

  5. clubneary Says:
    1219800796

    Welcome and good luck to you!

  6. Jkiku808 Says:
    1219801430

    Thanks for the warm welcoming everyone.

  7. greengirl Says:
    1219804137

    welcome! looking forward to seeing where your blog heads, and congrats on having a good amount saved already.

  8. baselle Says:
    1219813563

    Welcome. You are in far better shape fiscally than I was at 23. Don't worry about that IRA - you can let it ride for nearly 40 years. Gotta go up by then!

  9. xtim77 Says:
    1219900059

    hey thanks for your comment on my blog! i'm glad you found it useful. i've added some more posts on http://financeforstarters.blogspot.com/ if you wanna check it out. good luck with your financial career!

  10. Debt Dummy aka Jaime Says:
    1220470607

    Welcome!! =)

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