CryingInFinance

Empowering women with financial literacy w/ spreadsheets, blog, newsletter, course. Mom of a 3yo & 4yo, FI-ish at 36. I ❤️ roadtrips & spreadsheets

[CryingInFinance @CryingInFinance]

👏 An introduction thread 👏

Hello!
I'm a high school math teacher, turned brewery owner, turned personal finance educator. I have also worked in retail, as a park ranger, an Airbnb host, and many other jobs.

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[CryingInFinance @CryingInFinance]

We hit a big milestone last week - we made our first investment withdrawal of our FI life!

In my blog post, I explain my step-by-step process to do a withdrawal and also rebalance a portfolio.

https://t.co/cqL7hVkB1y

#finance #firemovement

[CryingInFinance @CryingInFinance]

We had a low income year and are taking advantage of it through Roth conversions and tax gains harvesting. Blog post with details.

https://t.co/S7EWZzLwEz

[CryingInFinance @CryingInFinance]

@the_sytch 🥰 thanks! Absolutely no regrets. It was an absolutely wonderful and quite wild ride and we are also enjoying completely new life adventures now.

[CryingInFinance @CryingInFinance]

What if we hadn’t started a brewery and instead continued our lives as they were? I decided to look back at our experience through a financial lens and see how things would have turned out.
https://t.co/aileLdDqBp

[CryingInFinance @CryingInFinance]

On the blog: Reflections on One Year of Financial Independence

#firemovement #personalfinance #finance #firecommunity

[CryingInFinance @CryingInFinance]

I'm turning 38 today! I decided it's time to stop using my parents' phone # at the gas pump and using their fuel rewards... but I'm going to keep using their Netflix account. 🤣 #adulting

[CryingInFinance @CryingInFinance]

@the_sytch It is crazy! But setting up a 401(k) can feel very overwhelming and time consuming and just gets forgotten about.

[CryingInFinance @CryingInFinance]

So you have $ and want to contribute to a retirement account, here's one possible order.

Note: I am not a certified financial advisor or tax accountant, do your own research and make good choices.

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#personalfinance #finance #investing #learnfinance

[David & John | Debt Free Guys @DebtFreeGuys]

Yes, it is okay to:

- get the latte
- buy the shoes
- have the meal out

it's okay to take care of present self as long as you're also taking care of future self by

- investing
- learning
- growing

[CryingInFinance @CryingInFinance]

@conz 👏👏👏

[CryingInFinance @CryingInFinance]

3. 401(k) UP TO THE CONTRIBUTION LIMIT
Unless you are planning to use the funds in the near-term, retirement accounts are hugely advantageous for tax savings. Max that sucker out before putting money in a taxable investment account.

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[CryingInFinance @CryingInFinance]

2. IRA UP TO THE CONTRIBUTION LIMIT
Your limited 401(k) options may have high fees (check the expense ratios) and you could find better ones on your own. Small fee differences make a huge difference over time. In your IRA you have complete control over what you invest in.

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[CryingInFinance @CryingInFinance]

@the_sytch Sounds accurate 😄

[CryingInFinance @CryingInFinance]

My 3yo just spent 20min screaming and crying asking "where's my cheeseburger?!??!!" Upset that I can't give him the rest of the cheeseburger that he doesn't remember finishing. #toddlerproblems

[CryingInFinance @CryingInFinance]

@the_sytch Thank you! We couldn't have asked for a better real estate journey.

[CryingInFinance @CryingInFinance]

It started when my husband purchased a condo in 2009 with $500 down. Now, 14 years later, we live in a 6 bedroom view home. Here's our #realestate journey, with all the numbers and details.

https://t.co/OxmcmNFUIP

[CryingInFinance @CryingInFinance]

@richbyintention @FinLitKidsBox Excited to listen to this one soon!

[CryingInFinance @CryingInFinance]

Today's #moneywin: We were shopping for a grill at Home Depot. I checked Facebook Marketplace while there and found one of the ones we liked for 1/2 the price, still in its box too!

[CryingInFinance @CryingInFinance]

Why is my new local library closed on Saturdays and Sundays?! Frustrated.