Well there you go, I have started working full time, and so far I absolutely love my schedule and what I do, I get to see both instructor teams and help both, I get to be home every weekend and I get to focus on mentoring which I still really love! So its great, I have been able to spend tons of time with the boys this weekend and it is nice to be doing something for myself and our family during the week. :) I feel really blessed to be able to do this and get myself ready for graduate school here in the next year or two....its even getting cold in the field and its no big deal to me because I only have to weather it for 4 days! And the boys were great with Cami this week, so I think it is going to go well. :) More Halloween preview pictures...yeah Tae wanted to try on Taren's costume...I couldn't resist! :)
They don't get much cuter than this folks! Yes my little one is going to be a nemo fish! I had to try it on right away hence the preview pictures....I am going to put his legs in orange sweats and he will wear a long sleeve orange or white onesie so he stays warm! I love it and the best thing, it was $30 and I got it for $10 including shipping on ebay....Gotta love ebay and gotta love dang cutie pie halloween babies! I am glad I still have lots of time and reasons to still enjoy Halloween! :) The others are of my 3 favorite boys in the whole world.....ok there is dad and spencer too and my new nephew rex....but they aren't in this picture...enjoy!
So this is a new one. The game is you go to your pictures and open up the 4th folder and upload the 4th picture then tell about it!
Ok so this picture was around the time we had gotten a bunch of clothes from Nate, and this lion outfit came with it, as soon as he saw it, he only wanted to wear that, it didn't matter what outfit he had on underneath, lion was over the top, this lasted for weeks, when finally it magically disapeared...imagine that....my favorite was when we went to walmart one day and he had it on, he got all kinds of attention, mind you this was at the end of Febuary so no Halloween in sight...it was great, he was also eating some chocolate in this picture so it looks like it could be Halloween, gotta love cute kids! They make my life so full of joy!
I tag Bri, Kp, Mary, Kristy and Cami
So I just have to share this cool thing about financial independance...I heard it from my mom and dad awhile ago and it makes so much sense, the sooner the better to start saving, because then by the time your 50 or 60 whenever you decide to stop working the better....ok here it is....
So my mom and dad are pretty much financially independant. They have done it with smart investments and hard work, I love that they get to do pretty much whatever they want when they want and not have to have financial stress. They don't have to stress themselves out when helping out all of us kids and I want that for Shad and I....so here is what they said to do and they have a fantastic financial planner on their side..
So you take a year or 2 and save up about $10,000-$14,000...for my example I am going to start with $10,000. Once you have that starting nest egg you find a or some mutal funds to invest it in....mutal funds are very safe and net typically a 10-14% return. Ok, so now each year you let the interest acrue and the key here is to keep feeding the fund as well with your own money...Try and have it be $500-$1000 a monthly...for some this may be hard so even $100-200 is some. My example is going to use adding $12,000 a year (saving and feeding the mutal fund $1000 month) to the fund along with the growing interest each year to illustrate how cool this turns out by the time Shad and I are 50.
Ok so lets say that by the time Shad and I are 31 we have saved $10,000 to put into a mutal fun and we spend the next 9 years feeding it and letting it grow off interest, I am going to use a 10% return for this example.
Age 32 - $10,000 in + $1000 in interest + $12,000 saved for that year = $23,000
Age 33 - $23,000 in + $2300 in interest + $12,000 saved for that year = $37,300
Age 34 - $37,000 in + $3700 in interest(for the year remember+$12,000 added = $53,000
already if you wanted to stop there we could have a couple of missions paid for...but we don't want to stop so lets keep going...
Age 35 - $53,000 + 5300 in interest + $12,000 saved for that year = $70,300
Age 36 - $70,300 + $7030 in interest + $12,000 saved for that year = $89,330
Age 37 - $89,330 + $8933 in interest + $12,000 = $110,263
Age 38 - $110,263 + $11,026 in interest + $12,000 = $133,289
Age 39 - $133,289 + $13,329 in interest + $12,000 = $158,618
Age 40 - $158,618 + $15,861 in interest + $12,000 = $174,479
So at this point the mutal fund and interest it makes really start working for you, the key here is to up how much you are feeding it each year, so I am going to begin adding $1500 a month so $17,000 a year, the logic behind this is that most of us by age 40 are in our careers and making more, so saving more should be easier...ok here we go
Age 41 - $174,479 + $17,448 + $17,000 saved = $208,927
Age 42 - $208,927 + $20,893 + $17,000 saved = $246,820
Age 43 - $246,820 + $24,682(this is interest acrued for the year remember) + $17,000(and this is what we would save each year and put into the fund) saved = $288,502
Age 44 - $288,502 + $28,850 + $17,000 saved = $334,352
Age 45 - $334,352 + $33,435 + $17,000 saved = $384,787
Ok here Tae would be mission age, on the interest alone, his mission would be covered! :) Lets keep going
Age 46 - $384,787 + $38,479 + $17,000 saved = $440,266
Age 47 - $440,266 + $44,026 + $17,000 saved = $501,292
We are at a 1/2 million dollars here folks....could retire at this age and live off interest if Shad and I decided to be really frugal...it would give us $50,000 a year to live off, and then a 1/2 million to live on the rest of our lives, but lets keep going a few more years...
Age 48 - $501,292 + $50,129 + $17,000 = $568,421
Age 49 - $568,421 + $56,842 + $17,000 = $642,263
Age 50 - $642,263 + $64,226 + $17,000 = $723,489
Ok Shad and I could retire on this easily and live off the interest, we could stop working completely and live off $72,000 a year if we wanted to, kids are in college by now, it would just be us...so living off the interest while maintaining our 3 quarter of a million dollar nest egg, to use for a rainy day....sounds dreamy! But lets say Shad and I push 5 more years....and increase how much we feed the fund to $2000 a month so $24,000 a year...
Age 51 - $723,489 + $72,348 + $24,000 = $819,837
Age 52 - $819,837 + $81,984 + $24,000 = $925,821
Age 53 - $925,821 + $92,582 + $24,000 = $1,042,403
Age 54 - $1,042,403 + $104,240 + $24,000 = $1,170,643
Age 55 - $1,170,643 + $117,064 + $24,000 = $1,311,707
Shad and I stop working....and whala we have over a million dollars as a retirement nest egg and can completely live comfortabley off the interest without ever touching our investment unless we want to, we would be able to live off $130,000 a year, that is a great income and spend the last 50 years or so of our life doing WHATEVER we wanted pretty much....I love the idea and we are working towards it, being financially independant is one of the greatest things I have seen my parents accomplish and it has been a great example. There is so much freedom to it. Now the amounts are going to vary whether smaller or bigger depending on how much you save, and if you can start with more then and feed it with more then some people could retire by 40! And you don't have to invest in mutal funds either, there are other ways to go to save for your retirement, however mutal funds are pretty safe and give a consistent return. :) So there you go, thought all of you should know, start saving now, whether it is $100,000 or $1,000,000 it will be nice to not have to stress out about working or paying for things for your kids or even enjoying yourself when you are older....you got and idea for financial independance, there are a lot out there, so good luck to all, as for me and Shad.....we hope to be in New Zealand on our 30th year anniversary celebrating financial freedom! (ps - colleges and missions and weddings paid for by then as well :) I have known about this for awhile now, and it has been hard to save, so now we can start saving, and get out of debt, and then save even more to build our nest egg, some people could easily have 2 or 3 million depending on how they save and live....good luck to all of you! Thought you all should know this!
ps - always have to throw in cute pictures of my boys....:)
Well I feel like I am about to turn a huge corner on my life....great and fun changes are coming my way! I have decided to start working full-time starting October 13. I love that Second Nature Entrada has created a job for me that works for me. I get to work Monday-Thursday in the field and do mentoring, I will be available to both instructor shifts so they can all utalize my skills out in the field and then I will come out fairly early on Thursday by 11 or noon and spend a half day in the office updating the field directors on the instructors and talking about instructor development and then doing my own paperwork! I love the schedule and feel so blessed that the company I have spent so many years working for appreciates me! I know I will have to adjust to working every week, but 4 days on and 3 days off is better than 8 days on 6 days off. I am so glad my hard work there has paid off, now I get to do a job I love and within a year Shad and I are mainly debt free except for the home! How cool is that! and then when I decide to go to graduate school here in the near future, I won't have to work if I don't want to because we will be financially set! What a great blessed life we live.....so I know I will miss my boys, I always do! However, the great thing and why I feel even more blessed is that when they are not with me, they will be with Shad, and if they can't be with either of us....they are going to be with my dear sweet cousin Cami! Yeah...so no matter what they are with family. She has said she would be willing to watch them the days that Shad is going to be working and I am gone, so overall they will only have to spend 10 days a month in daycare, and that daycare is pretty much cousin FUN! How lucky did I get! Ok its not luck...just blessed, I am truly grateful! So that is the plan, work for a year, get out of debt, find a graduate program, take the GRE in the next year and get ready to eventually get my masters degree and become a therapist. I feel like I am moving towards my personal legend. Each step along the way has held so many wonderful lessons and I get to continue to grow and learn about myself. Whoohoo for life and learning! I have some long term plans and a desire to have my own center for healing, eventually go to massage therapy school and some other things, and I used to be in such a rush to get there and now I find myself savoring my time and living more in the present. I know I will get to where I want to be as long as I let the Savior be an example and let Heavenly Father guide me to continue to heal myself and be an instrument in his hands. I love the gospel, I love my sweet unconditionally loving family who continues to support and be there for me...I am humbled often at the love and gratitude I feel for them, what a gift and blessing they have been and are in my life. I am excited to see my new nephew this thanksgiving season, I got the time off for that...don't want to miss seeing his beautiful face...he will be born on Oct 9! Yeah! So like I said what a great life, as the year begins to wrap up I feel so blessed and so excited to move forward with all the great things this adventure on earth has in store for our family! Thank you to all my friends and family who share this wonderful journey with me! I love ya!
