Industry: Government
Age: 35
Location: WILLIMETTE Valley, or
Salary: 98.671 $
Income from a household/financial installation: $ 140,000. My husband D. and I divorced the house accounts about our income, along with the three other members of our household. D. And I have a joint audit account account and a common brokerage account, but otherwise they have separate accounts. The house is under our two names. We hope to combine financially more with time.
Real Estate: Home: worth about $ 615,000. Retirement Accounts (Government Savings Plan and IRA): $ 96,000; Biaison Accounts and Bonds: $ 80,900 to mine, with an additional $ 14,800 in communal. Savings Accounts: $ 8,600; Account checks: Currently $ 3,600 on mine, with an additional $ 5,700 in communal.
Debt: We owe $ 474,760 for the mortgage. D. It has a few thousand credit card debt.
Paycheck amount (two weeks): 1.811.48 $
Prophets: She/her
Monthly expenses
Housing cost: $ 1600 for me. In terms of our other roommates, it is $ 825 for my husband and two of our roommates, and $ 500 for the other roommates.
Loan payments: $ 3,482.93 for the mortgage.
Phone Account: 26.65 $
Car Insurance: 67.88 $
Spotify: $ 16.99 for Duo Spotify for me and D.
Services: D. covers auxiliary programs from the common house account.
Paycheck reductions: These include retirement contributions to my pension ($ 166 two weeks) and the austerity savings plan ($ 567 two weeks), health insurance for me and D. I am a unit employee who does not pay, but still choose to support the Union.
Life insurance: $ 31.13 every three months.
Was there an expectation for you to attend higher education? Did you participate in any form of higher education? If yes, how did you pay for it?
Yes, I grew up in a college city with a well -educated family and higher education was very much the rule. My undergraduate education was mainly paid by a national value scholarship, with help from my mom, who had a college savings account worth about $ 40,000 to help me cover tuition and living expenses. My mom also helped to pay for the last year of my undergrad, after taking five years to graduate and my scholarship covered only four years. My postgraduate diploma was fully funded, with a grant of $ 2,500 a year and tuition by a research assistant. My doctorate was fully funded by tuition exemptions and a variety of grants annually by a combination of scholarships, scholarships and teaching assistants or research. My first year for scholarships I made about $ 60,000, while my last year for teaching assistants and scholarships were probably a little under $ 30,000. (If people get something out of it, I hope they understand you don’t have to pay out of your pocket for an advanced degree in sciences!)
Growing up, what kind of conversations did you have for the money? Does your parents train you on finances?
Growing up, I knew that I had a college fund and was generally encouraged to be financially. Otherwise, I don’t think my family really discussed our financial situation or general economic education. In the early 1920s, my grandfather started talking to all Grandkids more about investment and my parents would also talk to me more about different ways to manage money, such as putting it in a CD account or brokerage account. I also began to make my own efforts to gain financial alphabetism on how to manage my money and make sure I was safe in the future.
What was your first job and why did you get it?
The baby sat in high school and high school and had some short jobs in high school working in a bagel store or a local grocery store. It was nice to have little money that didn’t depend on my parents and my parents encouraged me to gain work experience.
Are you worried about the money that is growing up?
No, I generally felt economically safe growing up, though during my undergraduate student I was constantly underlined for money.
Are you worried about money now?
I am worried about the safety of my work, but otherwise I feel that my finances are okay.
At what age became financially responsible for yourself and have a financial security net?
At 23 I got my first work from college and no longer depended on my family for financial help at all. At this point I try to make the savings readily available to meet emergency needs or to finance my regular expenses for a few months if I lose my job. I also know that my family is there to help if needed.
Have you ever received passive or hereditary income? If yes, explain.
Recently for my wedding I received $ 10,000 from my mom and $ 1,500 from my grandmother to help cover the wedding – D.’s family did not contribute financially. (One note about it: D. grew up much poorer than I did, so I didn’t expect much from his family in the way of marriage contributions. My mom said at a point: “You know, traditionally the groom’s family pays for Momerant for Momerant Momerate.
