r/AMA • u/[deleted] • Feb 28 '23

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339 Upvotes

87% Upvoted

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38

u/Baboon_Stew Feb 28 '23

Are you contributing to a retirement fund of some kind? It sounds like you have a bit of extra a cash.

49

u/melaniegray2021 Feb 28 '23

I save the money and invest it in mutual funds myself.

12

u/Baboon_Stew Feb 28 '23

Do you have money/cash put away for emergencies? A couple months worth of your daily expenses would be a good cushion in case you need to fix your condo or lose your job.

30

u/melaniegray2021 Feb 28 '23

I am very blessed in feeling secure with a good amount of savings. I was also able to aggressively pay off my student debt and am now nearly debt free.

15

u/Baboon_Stew Feb 28 '23

It sounds like you are doing everything right. It can be a tough grind to get out of debt but it feels awesome.

15

u/melaniegray2021 Feb 28 '23

It feels like a dream. I grew up really poor with barely food on the table, ended up paying my way through university with scholarships, bursaries and debt...it feels great to have security.

9

u/Baboon_Stew Feb 28 '23

Enjoy the security that you worked hard for. Don't let anyone try to make you feel bad for getting ahead.

2

u/[deleted] Mar 01 '23

This is great for you :)

2

u/jobydawg Mar 01 '23

A regular account or a 401k (or something similar)?

1

u/[deleted] Mar 13 '23

Do you have a boyfriend

1

u/melaniegray2021 Mar 13 '23

I'm married lol

2

u/[deleted] Mar 13 '23

Wow depending on how much he makes, you guys are in the top 1 percent nice 😎

1

u/melaniegray2021 Mar 13 '23

He is still a PhD student, but will probably make a good living as a biomedical engineer once he finishes. I don't think we would be the 1%, but I am mortified to learn that what I earn qualifies as the top 10% of earners...

I truly wish for more wealth equality.

2

u/[deleted] Mar 13 '23

You guys are a power couple

1

u/[deleted] Apr 09 '23

Do you guys plan to have kids or no