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Repercurssions

October 4th, 2016 at 05:24 pm

Ok so remember that rather large (to me) sum that I gifted to this friend of mine? So I been feeling the pressure on that lately.

That money was originally saved up to go to my Roth IRA that I like to max contribute at the beginning of every year. Clearly that isn't going to happen this year.

However, that money also doubles as my short term emergency savings buffer I guess. The rest are currently "locked up" in some short term trading positions that I don't want to sell unless it absolutely can't be helped.

I am still OK though, since my credit card can pick up the slack, although I don't like the idea of not being able to pay off my credit cards immediately.

However, I think I can get a grip on all this soon.

On the bright side, this friend in question does seem to be a bit cheerier so that's good.

Posted in Uncategorized | 3 Comments »

3 Responses to “Repercurssions”

  1. Carol Says:
    October 4th, 2016 at 06:59 pm 1475607553
    1475607553

    You did a good thing and now you have to exert yourself to figure out how to make it all work out for you. But you will. Feel good that you were able to help!

  2. rob62521 Says:
    October 6th, 2016 at 02:51 am 1475722313
    1475722313

    Is there something you can cut from your spending to save a little more to help you with this?

  3. Tabs Says:
    October 6th, 2016 at 02:55 am 1475722547
    1475722547

    I'll have this under control soon enough. What I won't be able to do is contribute to my Roth at the beginning of 2017 like I normally do in the past several years? However, this isn't the end of the world as I'll still have the entire next year to contribute to it.

    But yeah, as always, cut mah spending and up my earnings where I can.... speaking of which.

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