I’ve never been all that interested in finances and money issues in general, even though I know I should be. What can I say? That stuff kind of bores me, probably because I don’t really get it, or at least don’t really try to get it. Still, I should at least put in the effort and try to understand these things. But what can I tell you? I’m a stubborn knucklehead sometimes.
Well, my current circumstance, i.e. my impending divorce, has changed matters somewhat shall we say. Now, it would seem I have little choice but to pay closer attention to my money and finances, which is why I’ve been reading more dutifully the blog Generation X Finance. Lots of useful info and advice provided here.
Like this post about NOT using your 401k as a bank account.
I’ve never dipped into my IRA (which is what I have in lieu of a 401k; if there’s a difference between them, I don’t know what it is), but t hen I’ve never had to, which is good because it isn’t as if it’s all that substantial to begin with. It’s probably more than what a lot of people have but still it could be and should be more. I’m working on it.
What I really don’t have and need is a good chunk of liquid cashed saved. I’ve tried to build up a savings but it has been difficult over the years. However, my change of living circumstance should afford me the opportunity to build up some bit of savings. At least, I hope so. It’s one of the advantages of moving back in with mom and dad. What the other advantages are I’ve yet to think of but I’m sure they exist. In any case, I’ll find out soon enough.
