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05-05-2014, 03:46 PM
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#1
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Recycles dryer sheets
Join Date: May 2011
Posts: 159
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I got a raise!
A totally unexpected raise!
So this degree I went back for that took me 5 years (I had no engineering background when I started, it was a long road), has increased my salary 33% in 2 years! I am very grateful, it always doesn't work out that way.
I had an intial raise soon after graduation (and a position title change), and now this second one! I was also informed I get the 1.5% COL raise coming in July.
Very exciting! 
Opening an HSA for myself this month and looking to add a little extra to the mortgage payments.
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05-05-2014, 03:47 PM
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#2
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Moderator
Join Date: Dec 2007
Location: Eastern WV Panhandle
Posts: 25,340
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 Quote:
Originally Posted by ginadog
Opening an HSA for myself this month and looking to add a little extra to the mortgage payments.
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Excellent! But do allow yourself a glass of wine. 
__________________
When I was a kid I wanted to be older. This is not what I expected.
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05-05-2014, 03:50 PM
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#3
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Recycles dryer sheets
Join Date: May 2011
Posts: 159
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Yes! Already thinking about sitting on the sunny warm deck enjoying a blood orange San Pellegrino and gin with my husband!
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05-05-2014, 05:24 PM
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#4
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Moderator
Join Date: Apr 2012
Location: San Diego
Posts: 14,211
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Congratulations!!!
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05-05-2014, 06:27 PM
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#5
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Thinks s/he gets paid by the post
Join Date: Jan 2005
Posts: 3,532
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Nice!
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05-05-2014, 06:30 PM
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#6
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Thinks s/he gets paid by the post
Join Date: Nov 2012
Location: Madeira Beach Fl
Posts: 1,403
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Many happy returns.
__________________
_______________________________________________
"A man is a success if he gets up in the morning and goes to bed at night and in between does what he wants to do" --Bob Dylan.
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05-05-2014, 07:10 PM
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#7
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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I like a good story when hard work pays off. Congrats!
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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05-05-2014, 11:43 PM
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#8
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Moderator Emeritus
Join Date: May 2007
Posts: 12,901
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Congrats on the raise! And that blood orange cocktail sounds delicious.
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05-06-2014, 02:10 AM
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#9
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Recycles dryer sheets
Join Date: Mar 2013
Location: NA
Posts: 55
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Congratulations! It's always great to hear about hard work paying off.
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05-06-2014, 05:33 AM
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#10
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Thinks s/he gets paid by the post
Join Date: May 2011
Location: South Eastern USA
Posts: 1,068
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Congratulations!
__________________
All that glitters is not gold. -G. Chaucer, W. Shakespeare
All that is gold does not glitter. -J.R.R. Tolkien
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05-06-2014, 06:04 AM
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#11
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Full time employment: Posting here.
Join Date: Jul 2011
Posts: 723
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Congrats, ginadog! Love it when a plan comes together.
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05-06-2014, 08:51 AM
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#12
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Sep 2005
Location: Northern IL
Posts: 26,886
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Awesome - congrats! According to the news reports, this is impossible! No one can get ahead, we are all doomed, personal initiative is hopeless! Corporate America is just out to screw everyone! Fortunately, you didn't listen to 'em!
Congrats again, but.... did'ya have to mention.......
adding to the mortgage payments? Now this just has to turn into another 'pay off the mortgage' thread!  
But seriously, consider if that is really the best use of the extra cash flow.
-ERD50
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05-06-2014, 10:23 AM
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#13
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2008
Posts: 5,214
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Good going! I am very happy for you!
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05-06-2014, 10:30 AM
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#14
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Thinks s/he gets paid by the post
Join Date: Oct 2008
Posts: 1,608
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Congratulations! A nice reward for your hard work. Hope you have a nice celebration planned.
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05-06-2014, 10:41 AM
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#15
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Recycles dryer sheets
Join Date: May 2011
Posts: 159
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Quote:
Originally Posted by ERD50
Congrats again, but.... did'ya have to mention.......
adding to the mortgage payments? Now this just has to turn into another 'pay off the mortgage' thread!
But seriously, consider if that is really the best use of the extra cash flow.
-ERD50 |
Uh oh, is that a taboo topic here? I haven't noticed. OK, I won't make my second post I was thinking then!
My husband was pretty convincing that we should put any extra funds towards tax-deferred accounts rather than the mortgage, so we will have a mortgage still in ER for about 5-7 years as it looks right now.
So today, we each started adding $100 each to our 403b accounts (which were otherwise untouched at the moment) - that makes a Roth (maxed), 457b (maxed), 403b ($100 each), 401a (14.2% each from work), and HSA (maxed) for each of us.
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05-06-2014, 10:43 AM
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#16
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,021
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Quote:
Originally Posted by ginadog
Uh oh, is that a taboo topic here? I haven't noticed.
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Not taboo, more like never-ending, circular and eternally debated.
__________________
Numbers is hard
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05-06-2014, 10:47 AM
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#17
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
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I'm paying off my mortgage...
In 2042...
__________________
Have Funds, Will Retire
...not doing anything of true substance...
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05-06-2014, 10:58 AM
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#18
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Recycles dryer sheets
Join Date: May 2011
Posts: 159
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Ah!
Quote:
Originally Posted by HFWR
I'm paying off my mortgage...
In 2042...
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When you're 88?
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05-06-2014, 11:07 AM
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#19
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
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Quote:
Originally Posted by ginadog
Ah!
When you're 88?
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Sounds right... 
I paid extra for years, but when I was right-sized by megaconglomocorp, I stopped, to improve my cash flow, and to keep some dry powder. Fast forward to 2012, I refi-ed at 3.75%, so PITI is $700, which fits my FIRE budget. Plus. most of my money is in tax-deferred, so I'd take a very big tax hit to remove money just to pay off mortgage.
__________________
Have Funds, Will Retire
...not doing anything of true substance...
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05-06-2014, 12:33 PM
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#20
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Recycles dryer sheets
Join Date: May 2011
Posts: 159
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I should probably note that I was working at the same place for 8 years before I went back to school (and kept working). I have been there a total of 15 years now. Tasks have changed over time.
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