Climb to Million
Before I start talking about myself, let me ask you a few questions to make sure that you’ve come to the right place.
- Do you hope to save money early on in life so you can retire peacefully?
- Are you looking for ways to earn extra income, aside from your day job?
- Would you like to learn about someone else’s financial journey so you’re able to make strategic decisions about your own?
Still with me? Great!
A little about me.
Hi, I’m Tim. I’m 28 years old, I work in sales a fast growing software technology company in Boston, and I’m getting married in July. My wife (not technically married yet, but let’s use “wife” for the sake of future editing) and I are moving to the suburbs, hopefully, in May 2017. I say hopefully because our current apartment lease ends the day before our wedding so we hope to have someone take it over before then.
We lucked out on our future housing situation. My parents decided to move up to New Hampshire within the past year and gave us the option to buy their house (the house I grew up in) from them. After some serious consideration, we realized that we couldn’t pass up the offer. We haven’t settled on a final price yet, but I know it will be somewhere between $400-600k (family discount, perhaps?!).
You don’t know the price and your moving in 2 months? Well, as long as we take over all the other house-related expense, they’re fine with us starting the mortgage process towards the end of 2017. This gives us some time to take that $2,000/mo we were spending in rent and move it into our savings account.
Why the blog?
Although I make decent money at my full-time job, I can improve how I save for retirement. Throughout the year (and years to come), my plan is to try and test out new ways to grow my overall net worth, by focusing on:
- Testing out new investment strategies.
- Creating a budget, that we actually stick to.
- Reducing monthly expenses.
- Start earning extra income on the side.
The purpose of this blog is to document my journey along the way. If I open up a new investment account, I’ll keep you posted with the returns. If I figure out a new way to save $1,000 a year by doing something, I’ll share the details. I think you get the picture. At a personal level, it’s a way for me to hold myself accountable, improve my writing skills, and I’ll be honest, turn this into side income.
I’m sure new ideas will pop up along the way. It’s difficult to accurately describe what you’re blog will be about when you’re just starting out. Who knows, maybe the content of this blog will shift entirely at the end of the year based upon new topics that I uncover within the personal finance world.
That said, welcome and thanks for visiting Climb to Million! Don’t be shy when it comes to commenting or leaving feedback on any of my posts. I’d love to hear from you.