I am 46 Married with 2 kids and own a home that has an equity of 380000. Mortgage of 130000 . I have 3 years of private college in business admin but ran out of funds to finish.
I work for a local govt. job making 27000 for 11 years but it is not a career. 8 years of those was contract with the local govt. After the contract ended we transitioned to the local government. For the first 8 years I was making 36000 and when we trasitioned, since the local govt was so cheap and was having financial difficulties we were just offered 23500. So my total years with the local govt is 3 years. In those 11 years I worked so hard to promote myself but to no avail. It seems like working in this place has so much politics, big knives to slash your throats that you get sucked in waiting. In the outside the perception from friends and family our family looked good because I work for the local govt but in reality it was miserable. I am a bright individual and so many people say that I should have been promoted and fit for a job or promotion. Those good people have left and moved on because the writing was on the wall. The workplace now is so unbearable that Finally my days are numbered and I am having anxiety attack for starting over.
My wife who also worked started in the bottom worked her way up to managers position. She only has an associates degree. She has a bright future I think. Never know what lies ahead. She works for a private entity. She started at 25000 and now makes 70000 a year.
Our finances
janus roth 34000 money market was in equities but switched to MM in feb.07
wifes janus roth 34000 money market same situation
Me vanguard index 500 102000
wife index 500 $50000
tiaa cref for me 39000
wife trowe target fund retirement $70000
savings wife 120000
my savings 20000
govt retirement fund $4000 that I think I will never see because I am not vested i think.
We are trying to reach critical mass and now since my days are numbered I am having anxiety attack. I like to work and I can handle big task and projects. It seems like I always end up in a dead end job. I am not demeaning my wife or my younger sister but I am smarter than them and they make more. They always ask me questions and advice. I have a good personality but just have bad luck.
I can't believe that after all this year I am starting over.
How can we improve our lives? We are so frugal that this is the best we can do.
We have no debt except for a $24000 car.
We want to buy a business but we are afraid to lose our money. With the monies we have can we generate income from it?
Sorry if I am not making sense as I am under pressure and can't think straight.
thanks
I work for a local govt. job making 27000 for 11 years but it is not a career. 8 years of those was contract with the local govt. After the contract ended we transitioned to the local government. For the first 8 years I was making 36000 and when we trasitioned, since the local govt was so cheap and was having financial difficulties we were just offered 23500. So my total years with the local govt is 3 years. In those 11 years I worked so hard to promote myself but to no avail. It seems like working in this place has so much politics, big knives to slash your throats that you get sucked in waiting. In the outside the perception from friends and family our family looked good because I work for the local govt but in reality it was miserable. I am a bright individual and so many people say that I should have been promoted and fit for a job or promotion. Those good people have left and moved on because the writing was on the wall. The workplace now is so unbearable that Finally my days are numbered and I am having anxiety attack for starting over.
My wife who also worked started in the bottom worked her way up to managers position. She only has an associates degree. She has a bright future I think. Never know what lies ahead. She works for a private entity. She started at 25000 and now makes 70000 a year.
Our finances
janus roth 34000 money market was in equities but switched to MM in feb.07
wifes janus roth 34000 money market same situation
Me vanguard index 500 102000
wife index 500 $50000
tiaa cref for me 39000
wife trowe target fund retirement $70000
savings wife 120000
my savings 20000
govt retirement fund $4000 that I think I will never see because I am not vested i think.
We are trying to reach critical mass and now since my days are numbered I am having anxiety attack. I like to work and I can handle big task and projects. It seems like I always end up in a dead end job. I am not demeaning my wife or my younger sister but I am smarter than them and they make more. They always ask me questions and advice. I have a good personality but just have bad luck.
I can't believe that after all this year I am starting over.
How can we improve our lives? We are so frugal that this is the best we can do.
We have no debt except for a $24000 car.
We want to buy a business but we are afraid to lose our money. With the monies we have can we generate income from it?
Sorry if I am not making sense as I am under pressure and can't think straight.
thanks
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