My sister-in-law, Martha, recently constructed a blog post, explaining her views on personal finance, not over-spending, and expounding on how at times she feels she is one of the only young adults concerned with money, investing, saving, etc. Then, in a subsequent post, she recounted several expensive purchases she had made recently and humorously wrote something along the lines of “so much for being financially responsible.”
I appreciated this post, because it is a concept to which I can totally relate. As many of you know, I am regularly posting diatribes about personal finance and money, and ranting about how people my age are clueless about money. I recently completely paid off my American Express card’s balance, the only credit card on which I owed a cent (the HELOC on my home doesn’t count, methinks). Swelling with pride over this victory, and beaming at my lack of credit card debt, suddenly I was faced with standing in a wedding. This required a plane ticket to South Carolina, a hotel room, a bridesmaid’s dress – and before I knew it, American Express and I were once again well-acquainted.
On a brighter note, yesterday was payday, and the 403(b) increased again. In addition to this and my Roth IRA, I also opened a taxable investment account with Fidelity a few months ago. I just can’t seem to get enough.