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Archive for January, 2014

Happy 2014!

January 25th, 2014 at 07:56 pm

Hi all!

I've still been reading the blogs, just not posting!

Since the last update in 2011:

- I gave the photography business a go, but realized over the last year that portraiture is not my thing, so I'm closing my LLC and re-evaluating.

- I started a new part-time job, with the hope that it would go full-time. A year later, I'm still hoping. I'm applying to lots of full-time jobs.

- My SO was laid off from the job he loved last month. I'm shocked by how unstable his career has been since 2009. He has a great, in-demand skill set, but employers are offloading again right now, it seems. Unfortunately that was the source of 90% of our income and our health insurance. Thankfully they gave him a short severance, he can apply for unemployment, and we have some savings to fall back on...but he really can't be out of work for too many months. My salary will not cover the mortgage. And now we need health insurance. Time to look more closely at ACA.

- I fully took over all of our finances in early 2012. Up until that point, I kept things separate, and had just a vague idea of how much credit card debt SO had. He wasn't exactly honest about it, which led to some tough conversations. Thankfully we have paid off over half of it now and should be rid of it soon, assuming things turn out on the job front.

- I'm exploring new career ideas, again, always. I'm still not one of those people who knows what they want to be when they grow up. Will that ever happen?

It's good to page through the blogs and the forums here. It centers me and reminds me that keeping a handle on the finances and increasing our savings can make for a more secure landing when life inevitably throws a curve ball.

Things I need to do:
- Look into the Affordable Care Act
- Plan meals every week and use up what we have
- Look into selling photography gear
- Reduce my car insurance premium
- Get SO's retirement funds consolidated

Longer term:
- Bulk up our savings
- Create a long-term financial plan for SO's increasing medical expenses
- Max out our Roth IRAs
- Create a savings fund for my parents