My Life Board by Natalie Fick https://padlet.com/nfick210/2ncncwn5nr9b by: Natalie Fick en-us 2018-02-08 16:22:58 UTC 2023-06-29 21:37:55 UTC hello@padlet.com Location Decision-Making nfick210 https://padlet.com/nfick210/2ncncwn5nr9b/wish/229661852 2018-02-08 16:26:00 UTC https://padlet.com/nfick210/2ncncwn5nr9b/wish/229661852 SAVING AND INVESTING nfick210 https://padlet.com/nfick210/2ncncwn5nr9b/wish/257708759 2018-05-03 15:27:26 UTC https://padlet.com/nfick210/2ncncwn5nr9b/wish/257708759 Retirement nfick210 https://padlet.com/nfick210/2ncncwn5nr9b/wish/257709381 PLAN:
By 2020:
1. Allocate 15% of income into 401(k). 
2. Contribute to a Roth IRA.
3. Meet my employer's match. 
4. Stash extra funds. ]]> 2018-05-03 15:28:41 UTC https://padlet.com/nfick210/2ncncwn5nr9b/wish/257709381 Cadillac SRX nfick210 https://padlet.com/nfick210/2ncncwn5nr9b/wish/257718840 PLAN:
By 2030
1. Allocate $75/check into savings.
2. Put $75/check into Mutual Fund. 
3. Invest $150/month into money market account. 

]]> 2018-05-03 15:46:46 UTC https://padlet.com/nfick210/2ncncwn5nr9b/wish/257718840 University of Chicago nfick210 https://padlet.com/nfick210/2ncncwn5nr9b/wish/257722084 PLAN:
Start by July 2018
1. Save 60% of money collected.
2. Apply for many scholarships.
3. $15/month into money market account. .]]> 2018-05-03 15:53:29 UTC https://padlet.com/nfick210/2ncncwn5nr9b/wish/257722084 Trip to London nfick210 https://padlet.com/nfick210/2ncncwn5nr9b/wish/258051908 PLAN:
By June 2020
1. Save 20% of each paycheck. 
2. Sell items that aren't needed (garage sale).
3. Open a dedicated vacation bank account. ]]> 2018-05-04 14:35:25 UTC https://padlet.com/nfick210/2ncncwn5nr9b/wish/258051908 Buy a house nfick210 https://padlet.com/nfick210/2ncncwn5nr9b/wish/258057076 PLAN:
By 2035
1. Create a monthly budget.
2. Work more
3. Set up an automated savings plan.]]> 2018-05-04 14:47:30 UTC https://padlet.com/nfick210/2ncncwn5nr9b/wish/258057076 BANKING AND FINANCIAL INSTITUTIONS nfick210 https://padlet.com/nfick210/2ncncwn5nr9b/wish/259324213 Capital One 360
Checking and Savings account
Interest rate of 0.20% on balances of up to $49,999.99
This bank's checking and savings account have low fees and there is no monthly fee or opening minimum balance requirement.
https://www.capitalone.com/bank/
 
]]> 2018-05-09 15:23:19 UTC https://padlet.com/nfick210/2ncncwn5nr9b/wish/259324213 BUYING GOODS AND SERVICES - HOME BUYING nfick210 https://padlet.com/nfick210/2ncncwn5nr9b/wish/259326145 Cost of Home = $417,900
20% Down Payment = $83,580
Property Taxes = $8,304
Monthly Payments = $1,573.05

Paying for this house will take less than 30% of my average salary. In order to work this house into my budget, I will make adjustments.
https://www.zillow.com/edwardsville-il/ ]]> 2018-05-09 15:27:20 UTC https://padlet.com/nfick210/2ncncwn5nr9b/wish/259326145 USING CREDIT nfick210 https://padlet.com/nfick210/2ncncwn5nr9b/wish/259327758 Discover it - Cashback Match

Benefits/Information:
APR = 13.49% - 24.49% Variable APR
Default APR = No penalty APR
Annual Fees = $0
Penalties = Increase interest rate if not paying payments
Rewards = Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com, or wholesale clubs up to the quarterly maximum each time you activate. Earn unlimited 1% cash back on all other purchases – automatically.

I chose this card because you can redeem cash back in any amount and at any time. Rewards never expire. There's also no annual fee.
https://www.discover.com/credit-cards/cash-back/it-card.html?ICMPGN=PUB_HNAV_CARDS_IT
]]> 2018-05-09 15:30:28 UTC https://padlet.com/nfick210/2ncncwn5nr9b/wish/259327758 PROTECTING AGAINST RISK nfick210 https://padlet.com/nfick210/2ncncwn5nr9b/wish/259329162 2018-05-09 15:33:15 UTC https://padlet.com/nfick210/2ncncwn5nr9b/wish/259329162 HEALTH INSURANCE nfick210 https://padlet.com/nfick210/2ncncwn5nr9b/wish/259329947 PPO
A type of health plan that contracts with medical providers, such as hospitals and doctors, to create a network of participating providers. You pay less if you use providers that belong to the plan's network.

I chose PPOs because they are more flexible and provide greater coverage.

]]> 2018-05-09 15:34:49 UTC https://padlet.com/nfick210/2ncncwn5nr9b/wish/259329947 Homeowners Insurance nfick210 https://padlet.com/nfick210/2ncncwn5nr9b/wish/259992464 A policy that insures your house and your belongings in the event of a destructive event, such as a fire.
Policies also cover liability up to certain limits, protecting the insured in case someone injures himself on the property. They also pay for costs if someone sues the homeowner.
I chose this insurance because it's required when buying a house and it'll give me peace of mind. ]]> 2018-05-11 15:48:34 UTC https://padlet.com/nfick210/2ncncwn5nr9b/wish/259992464 Car Insurance nfick210 https://padlet.com/nfick210/2ncncwn5nr9b/wish/259993912 It's a contract between you and the insurance company that protects you against financial loss in the event of an accident or theft.
I chose this insurance because in order to drive a car, you have to have this type of insurance. ]]> 2018-05-11 15:51:03 UTC https://padlet.com/nfick210/2ncncwn5nr9b/wish/259993912