“The speed of your success is limited only by your dedication and what you’re willing to sacrifice”
– Nathan W. Morris –
As the paydays continue to come and go… it’s time to do an update since the last payday plan post.
– Designated funds from this payday –
- 401K contribution $177.30 – current value $15,555.40
- Fidelity brokerage account $30.00 – current value $256.55
- Acorns Roth IRA $0 – current value $101.51
- Acorns investment account $0 – current value $139.49
– A part of what I earn is mine to keep –
You can create your own acorns account by clicking here.
As usual I’m not putting a lot into my brokerage account as I continue to pay down my debts. But I will maintain paying myself first no matter how little it might be. I do contribute 6% of my pretax income to my 401k since my employer matches dollar for dollar up to 6%. Unfortunately the employer match has been suspended until further notice due to the covid crisis.
I only added $30 into the brokerage account this payday because I’m starting a business and will be putting more into that as time goes on. I’m putting funds from this payday towards educational material and will have to pay for licensing fees once I’m ready to take the exam.
There are multiple ways to invest and the most important investment you can ever make is in yourself.
I’m considering picking up more shares of BRG since it’s down and that would make the divided yield that much nicer. I’ve also been considering opening a position in another REIT as well.
Be sure to keep track with me and if you’d like, share your payday plan in the comments section below.
Until next time… be sure to comment below and let’s get some dialogue going.
One last thing, follow me on twitter for daily tweets and updates https://twitter.com/RFinancially