Well I finally did it, I finally mustered the interest to start learning about investing. I never could before. Any time I opened up a blog post from one of my fellow bloggers about investing, my eyes would start to glaze over and I’d go all slack jawed. I’m not sure why I always found investing so incredibly dull before now – scratch that – I do know: It’s because I had no money to invest! How could I be interested in something that didn’t affect me? Not all of you might agree with my strategy of pay-off-debt-now-save-for-retirement-later, but I’m young, I’ve got lots of time for compound interest to work it’s magic, and so, I haven’t started saving for retirement yet (cue audience gasp here).
Things are changing though, now that I’ve achieved a positive net worth, I can really see the end of my debt in sight.
What a beautiful day to say that I’m in the black! ow.ly/i/1JeUZ
— Jordann (@myalternateblog) March 21, 2013
I’m starting to think about what I’m going to do with my money after my debt is paid off, and that thought has perked up my interest in investing. While I fully intend to blow all of my cash for the first month after debt freedom, after that I’m going to start squirrelling away money into retirement accounts, emergency funds, and a house down payment fund.
Which means I need to learn how to invest.
Now I’m not going to go into my current level of knowledge/what I’ve learned or anything like that, after all, it’s Friday! I’ll write another post about that on another day. Suffice to say, I’m getting my feet wet for the first time, and I can tell that once my debt is paid off, I’m going to hop on this new topic with the same single minded enthusiasm that I apply to all of my new hobbies.
Speaking of hobbies, this weekend I’m doing a 14km long run as part of my half marathon preparation. I’m hoping to do it outside, but since mother nature has seen fit to dump a ton of snow on my little corner of the world, I might be banished to the treadmill once again. I did 12km last week and felt pretty good about it, but the climbing numbers on my weekly long run calendar is still intimidating. Wish me luck!
Blog Posts I Loved
Life was busy this week, and I didn’t get as much time to blog as I’d hoped, here are a few posts that stood out.
Holly from Club Thrifty talks about what it means to be a cheapskate.
Lauren from L Bee and the Money Tree finished her book!
Kathleen from Frugal Portland thinks back to when times were tougher, and is grateful.
Top Social Sharers
Thanks for sharing my material more than once this week guys!
Have a good weekend!