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Showing posts from 2023

Savings Accounts

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  I have 2 savings accounts, one with Ally and one with Marcus.  My Ally account is paying 4.25% and my Marcus account just sent an email stating that the rate was raised to 4.40%. I remember when I opened my Ally account and I THINK it was paying 0.6%.  It has increased 7X since I opened it! My Ally account has over $16,000 in it and I earn approximately $57 a month.   My Marcus account has over $38,000 in it and I earn approximately $135 a month.  That's almost $200 a month in passive income!!!!  I want to find additional ways to increase my passive income.  I want to make money while I sleep! I only have my savings accounts, my brokerage account and my retirement accounts as passive income.  What do you do to earn passive income?  Comment below! 

2023 Goals

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  I haven't really sat down to make any goals for 2023.  I know it's August, but I figure it's never too late.  1. Contribute $15,000 to retirement with the goal of having $145,000 by the end of the year.  As it stands today I have approximately $138,000.  I do no yet qualify for my firm's 401k plan.  2. Pay the mortgage down into the $140,000s.  3. Donate $1500 to charity.    4. Increase savings to $57,500.  Do you have any goals for 2023?  Please share in the comments. 

Update on Job Application

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  I did not get the non-litigation position that I applied for a few months ago. I just found out on Thursday.  It was not unexpected and was definitely a long shot from the beginning.  There a few more non-litigation positions that I will apply for, hopefully, tomorrow.  I just want to stay in the same salary range, $140k to $160k.  My job is entirely too stressful, and it affects my mental health.  I have tried anti-anxiety and antidepressants and they do not seem to help very much. I'll keep pushing along and find the right fit for me.  
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  Hello.... Is anybody out there???? Wow, I have been gone a super long time!! I miss blogging!  I have been intermittently reading blogs over the past couple of years but have not been able to comment from my phone.  I hope all is well in the personal finance world.  I have so many updates to provide!  I'll be brief and start with the basics for now.  I changed jobs in January.  I am working for another law firm.  My dream is to get into a non-litigation position. I hope one day I can transition into that kind of work. My base salary is the same.  $160k a year.  There is a non-litigation position I have been eyeing which would be approximately $220k a year. However, the position has been empty since at least October of 2022. I'm not sure why it has not been filled. It has been advertised 3 or 4 times.  As of today, I have approximately: $54,000 between 2 savings accounts.  $121,000 total in my Roth and taxable brokerage accoun...