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Well another year has passed...

February 7th, 2013 at 08:04 pm

I am going to be 51 yrs YOUNG tomorrow Smile Smile It's really funny to think that I am doing stuff now that I should have done when I was 31 - but hey who's counting not me (well not with any meaning!)

Took DD to the store so she could buy my gift and I ended buying Washing Powder that was on special - saved about $3 not much but I'll take it.

And then I bought myself a present for $5 - lotto tickets for the draw tomorrow night - jeez you never know?????

Work was good but didn't feel like studying tonight so I have been reading the entries and catching up on all your news.

You are all so organised and focused - it is amazing and so motivating. Promise to get my numbers and specific goals up this weekend - that way I will focus better and make my entries more interesting and specific.

We are due for salary increases at the end of March, and I am dying to see what the % will be - considering the state of the economy both locally and globally. We have been getting about 7% over the past 3 years and if this is maintained I think we will be doing well.

BTW someone asked about our retirement funding in SA - we have 2 options: through our employers or private investment/insurance companies.

Retirement through the employer is a great option because they pay a compulsory 7.5% of your salary value and then we are allowed to contribute up to 12% (I am contributing 10%)on pre-tax salary amount. On top of that we are allowed to contribute to other options outside of the employers offering - one of my goals is to get to 30% contribution but only once we have purchased our new home. (So a while to go still!)

We are also allowed to stagger our retirement payout ages for example, a woman can start retirement payouts from the age of 55 yrs and continue to 65 yrs (complusory payout) - I have 2 maturing in 4 years which I am going to use to settle the mortgage of our "still to be purchased" home.

Then I still have others maturing at 60 and of course, my current employers retirement kicks in a 65 so we should be okay. Plus as we know, nurses never ever stop working Smile

Feedback on 3 Bills I forgot to include in my budget for January:
Swimming training for DD $40 Paid
Balance of College fees for me $175.55 Paid
Utilities $49.33 (high for us) Paid
have had to use the savings to pay them - stupid and careless but at least we had the money to pay them

So the new balance on our EMF is: $4,714

BTW sold my big freezer at the end of December - it was costing too much in electricity to run and I wasn't able to keep it fully stocked anyway. So I am waiting for $75 for that and will put it back into the EMF.

Still looking for other ways to keep my money in my wallet and in the EMF account Smile

Take care....

3 Responses to “Well another year has passed...”

  1. Thrifty Ray Says:

    Happy 51st to you tomorrow! I hope you have a truly awesome day!

  2. Ima saver Says:

    Have a happy birthday!

  3. freeme journey Says:

    Thanks - its been fun Smile - work and all!

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