Everyone share their top financial goal for 2024 to get each other motivated

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- Pay off my 0% credit cards because it’ll make me feel better
-Buy my second home for rent
- invest in more jewelry and ensure it’s appraised and applied to my home insurance because I tend to lose things

likefunny

1) Save 6 months of expenses for emergency fund by Q2 by getting a six figure hybrid job and finding an apartment that offers two months rent free.
2) Complete PSLF requirements.
3) Max out 401K and HSA.
4) Restart investing with a diversified portfolio
5) Leverage my credit score to start a profitable side business.

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Pay off my student loan debt ($8352)

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You are sooo close!

I'll go first: mine is to buy a house with my partner!

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Depends on your state. Some have a higher income limit. And, some don’t even require it to be your first home. But, they’re state by state.

Buy my first investment property.

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My primary financial goal in 2024, by mid-year or sooner is to reduce principal debt before interest. This will allow me to save more towards long- and short-term investments, as well as reduce cyclical expenses.

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This is a good goal! I try to do this with my debts as well.

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Pay my wife’s school WHILE SHE IS IN IT!

likeuplifting

Love this!

Get an apartment

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Nice! Rent or buy?

helpful

Getting a better paying job.

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Have you started to apply elsewhere?

The goal is to move and we are looking to at least get a townhouse but a house would be nice.

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pay off my credit card Debt !

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How much! You got this

1. Pay at least 12k towards my student loans
2. Save at least 10k towards a car so I can leave NYC one day 😂

SMART, aggressive, and excited to crush it in 2024

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Aggressive and I love it!

Continue to max out 401k, Roth IRA, HSA, and start to contribute at least 1k to a brokerage each month, pay an extra 1k a month to my mortgage, and build a fund for larger expenses like buying a new car, travel, or other larger expenses.

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Big goals! Crushing it

Earn at least as much as a solo practitioner as I did with my steady income at my former position as staff attorney. I’d love to make more but at least that justifies the leap.

You got this!

Substantially chunk down or pay off my only 2 depreciating assets (2023 Expedition Max and 2022 RV). 105k remaining on them so with daycare reducing to pnly 1 kid after May - thags a free $2000/month on top of my plan to throw at it.

Max out HSA. Max out 401(k). Pay down law school loans (80%). Invest half my salary in ETFs. Invest 30% of my bonus in ETFs. Continue to stay out of credit card debt.

Not to get laid off

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I work in sf and Nyc and have now saved enough where I’m wondering if it makes sense to buy rather than rent an apartment as an investment. Tricky part is I’m still quite young and this wouldn’t be my lifelong/family home. Have also considered buying in less metropolitan areas and renting them out for passive income. Curious if anyone’s gone through this process before and have thoughts ?

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What salary or net worth do people here consider "rich"

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Can someone please explain the process of selling a home when you have an Islamic loan? Since it’s profit sharing i don’t fully own the home right? So if i sell it i can’t take full profits since i don’t own it outright. I’m considering Islamic financing but have so many questions about it. Can you take an equity line? Can you write off mortgage interest?

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What will be in in hand salary at 14.4 CTC? I have education loan as tax saving

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Hi Fishes,

I have previously worked for Reliance Jio, couldn't withdraw my PF money. How can I get that now ?

KPMG India KPMG India

I received an e-mail subjected "Balance Summary" from notifications@thanks.com

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How much household income should be to buy $1M house? Also what is the approximate down payment? I know 20% is the ideal but how much do people typically pay.?

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Hi Team,

Below is my salary structure can you please tell what will my in hand salary monthly?

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How do you know if you're being passed over because you're "overqualified"? I'm not taking about people who apply to jobs that they're clearly not qualified for

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Spoiler alert, stop reading if you care
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WTF was with Nate's proposal?

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Hello Folks!

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What will be the take home and what is special allowance?

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How I’m feeling right now..

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likefunny

Additional Posts in Student Loans

If you didn't have to pay off any more of your student loans what would you use the money for instead? I'm stuck between something impractical like a trip somewhere or something I need like a new car lol

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Can grad students get $20k forgiven if they got Pell in undergrad but outstaning loans are only for grad school?

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SOFI or who else?

If you could go back in time what would you tell yourself before taking out student loans?

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I have a 25K loan from my MBA. I paid off 100k whole, after graduation. 3 years ago, I moved my loan from federal to private ( SOFI) account. I recently lost my job. I have applied for unemployment, as the severance that I received will only cover for 2 months. Together my husband and I used to make less than 250k after tax. Now, with a loss of pay , we are going to make less. Do you think I will be eligible for Loan forgiveness?

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Not mad that student loans being paused means I can use the money for Christmas. Are you still making payments during the pause? Or are you saving the money for something else. My christmas present to myself is a spa day!

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In a perfect world how much would you want to make a year to both pay off your loans and live a good life? I think I'd need to make upwards of $200k to pay off my loans, take care of my family and live a fulfilling life.

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Curious to know how much your student loans were when you graduated from your program, how much you’ve paid off so far, and your age. If you have any varying factors too, like kids, income range, etc. Just trying to see if I’m on track or slacking in life. I am 34 yo, i graduated with 95k in student loans, i currently have 85k left and i make 85k in come. I’m also a single mom with two kids. Just praying for 100% student loans forgiveness. Wishful thinking???

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Are you doing what you thought you would be when you took out your student loans? If so, do you feel like taking out your loans was worth it?

likefunny

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Has anyone refinanced their student loans on h1b visa? Is common bond the only option?

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