re: MT: Keeping The Course

quote:

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I'm hoping to restablish my strategy once the new income settled out and savings get back to where I would like. Would love to have a Net Worth of >$500k at 30 ($250k now at 28).

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500k by 30 would be incredible, and set you on the path to the future. Its pretty unrealistic goal, 250k is incredible.

I got great advice 20 years ago from my step father, never give yourself a raise. Every raise you get, save it and live on what you earned before. Its worked very well for me.

This year was the first time I gave myself a raise since 2008, I gave myself an extra $200/month in March. So far, I haven't used it.