So either my blog ate all my auto-posts set up for this week or I just dreamed that I did them. Either is possible, to be honest.
Sorry to all the DC bloggers for missing happy hour again – something important came up last minute, unfortunately. I guess that’s life!
I wish I could remember what my posts for the week were about. The fact that I can’t remember makes me think that maybe I did make up the fact that I wrote them and scheduled them to post. Anything is possible. Plus, right now, all I can focus on is that there are about 6 hours left between me and the weekend. I am ready.
This morning, a coworker and I were talking about the guy from Missouri who won the lottery recently and just seemed so humble about it. He didn’t seem to have any grand plans for the money – getting his teeth fixed (if you didn’t see the pictures, he was missing some front teeth), taking his kids and his girlfriend’s kids to Disney World, paying his bills. I hope this guy gets some good financial advisors in his life and doesn’t end up like so many lottery winners – broke. When you have money like that, suddenly you have a whole lot of friends you never knew you had. Family too.
We were talking about what we would do with the money if we won. Number one, I would quit my job. Good bye, work. I’d probably get either a part-time job doing something I loved or just be a professional volunteer, because I don’t know what I would do with my time otherwise. I would buy a reasonably sized home, nothing too extravagant. Maybe a vacation home somewhere too. I think the big splurge would probably be flying first class all the time. But I probably wouldn’t do a ton of traveling, maybe one nice trip a year.
It’s kind of fun to dream. I never buy lotto tickets, so it’s not as if these dreams will ever come true, but the fantasy is fun.
Megan is a 30-something government employee in the Washington, DC area. She got interested in Personal Finance when she got out of college and realized that her paycheck wasn’t going to go as far as she had hoped. Since starting this blog, she has managed to buy a house and make a solid start on her retirement goals, and hopes to help others do the same. Here is her story:
In 2007, I was a gainfully employed 20-something with no debt but not a lot of knowledge about personal finance. It was a co-worker’s comment about Roth IRAs that sent me to the internet, searching for information. It was then that I realized that I really didn’t know a whole lot about personal finance and that my current financial situation was due a lot to inherent frugal tendencies, generous family members, a fear of debt, and good luck. While that was working for me, clearly I needed a better plan.
While I had no debt, I was also pretty much living paycheck to paycheck and not worrying about going over budget (I say this as if I had a real budget) because I had an emergency fund set aside to cover any overages.
Except that’s not what an emergency fund is for.
So I did a lot of research, read a lot of blogs, and decided that I needed a plan. I needed to budget. I needed to know what I was spending my money on. I needed to prepare for the future.
I decided to create a blog not only to make myself accountable to others but also to share the knowledge that I gained along the way. I’ve learned so much from my fellow bloggers, and I hope that my readers can find something useful in what I have to share as well.