How are your savings?

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Is the amount you have saved gone up or down since 2020?

  • Up

    Votes: 45 62.5%
  • Down

    Votes: 27 37.5%

  • Total voters
    72

Pstmstr

AKA Michael Cox. Back by popular demand.
Special Hen Banned
Joined
Jan 1, 2006
Messages
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OKC
I'm creeping towards 40. I bust my hind end for this company. I'm rewarded with large paychecks. At my former employer if I went over 60 hours a week I would be pulled in the office and probably wrote up. Right now it's unlimited overtime because we are short handed on both night shifts.
I think I know a forum member who could use a job. He didn't get much work in this week but I'm not sure he would be a good fit. Especially if you guys do actual work there.
 

Adhdferret

Sharpshooter
Supporting Member
Special Hen Banned Supporter
Joined
Jul 1, 2021
Messages
914
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801
Location
Del City
We diligently worked our way out of debt in December of 2022. (other than mortgage). We have also saved up an emergency fund of 4-6 months of expenses. Additionally we have cash flowed some needed home repairs (french drain, fences, garage doors, caulking, and a new coat of paint.)
Now we will focus on the mortgage and plan to have it paid off in the next 3-4 years. (Lord willing)
God has been good to us and we are thankful to be in a better financial position.
Fences are EXPENSIVE!!!

We priced it for our house....8,000 for shadow fence where the planks are staggerd for wind pass thru.

That is removal of the one we have and putting in new.

We have a large yard.
 

Snattlerake

Conservitum Americum
Special Hen
Joined
Jan 19, 2019
Messages
20,818
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32,550
Location
OKC
Yep. They stuck it to us, too ...
yosemite-sam-falling-teeth.gif
 

dennishoddy

Sharpshooter
Supporting Member
Special Hen Supporter
Joined
Dec 9, 2008
Messages
85,114
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Location
Ponca City Ok
We have been debt free since 2010 or so. Paid off the home 15 years early by doubling up on the principal payments. Worked 200-400 hours overtime a year with an above average wage putting every dime of overtime money into investments and savings.
Lived below our means, drove vehicles for 10-15 years, putting what should have been payments into savings to pay cash for the next one and so on.
I learned how to day trade on the 401K with the company covering all the transactions for several years.
Fortunately, we never had major financial issues like health or other issues to deplete the savings, so life in retirement is good now. The farmland has been paid off for years, others lease it for cash rent now to farm it, and there is some oil/gas income for mailbox money. Windfarm has us under contract if they can find some dumbass to buy their "green energy". They send a nice check every year to keep us in the contract.
We have seen a lot of our friends growing up, always needing the newest latest whizbang, shelling out thousands they had to take a loan on just so they could say "I own one of these", when they should have put the money into an investment.
Buy a home they can't afford to keep up "appearances", and so on. At retirement age, they can't retire because they have house payments, car payments, and squandered all of their savings on toys, so they keep on working until they die.
 

AKguy1985

Sharpshooter
Supporting Member
Special Hen Supporter
Joined
Aug 25, 2006
Messages
25,965
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Location
Rogers County
I think I know a forum member who could use a job. He didn't get much work in this week but I'm not sure he would be a good fit. Especially if you guys do actual work there.
Oh, we do actual work. Trust me I have four palletizers I run and I operate a forklift most of the night.
 

Hirschkopf

Sharpshooter
Supporting Member
Special Hen Supporter
Joined
Apr 29, 2022
Messages
411
Reaction score
1,500
Location
AZ and Checotah OK
Thanks to blessings from above, a good job, Army pension, and being relatively frugal (value oriented) the current administration has not yet stopped me from adding to the ole' nest egg. But, the "chicks" in it sure ain't growing like they used to. Been worried about myself, cause I have not bought any guns or ammo since May!
 

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