3 ms·

What are your goals ? Everybody makes mistakes, you don't have to feel so bad for the $40k. I see that you didn't expect it from yourself, right ? Why do you t

• nunez 9y ago
  $10M invested in index funds within 10 years is my ultimate goal. This will enable me to essentially live my current lifestyle without needing to worry about work. More immediately, saving up for a down payment and house fund ($30k for the down, $10k for the house fund) and an emergency nest ($30k) are what I'm looking at. The credit card thing was interesting. I used to be pretty vigilant about keeping debt down especially with how high my student loan debt was at the time ($200k, now $48k) But then I discovered credit card churning. I tried to churn cards to collect airline miles, so I signed up for a few of them. I also used to get bonuses ($20k or so) that would pay off whatever debt I amassed in one fell swoop. Those bonuses eventually stopped coming (i left finance), but my spending didn't drop off. I also never did a good job at tracking them. (I do now and have for the last year.) One thing lead to another, and I eventually piled on $40k. The ironic thing is that I eventually became a travelling consultant and now amass plenty of miles without even trying. I'm afraid of working so hard that I'll neglect her.