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Happy news

January 6th, 2011 at 01:58 pm

Hubby has been a nervous wreck the last couple of days. When I told him we hadn't received a statement for his 401k in two years, he automatically began to think the worst. Symptom of our generation, I suppose. We Gen Xers lost money in the dot.com bust, the housing bust AND the great recession. Doesn't make you optimistic about the future.

Anyway, I told him just to call HR and ask how we can get a statement. He avoided it all day out of fear and dread. He just came up with the password, etc. for me to look at the digital statement and make changes to our allocations, etc.

The good news? I had estimated we had $66,000 for our net worth statement. We have a little more than $151,000. And, his company match is more generous than I thought, matching 100 percent up to the first 6 percent. (We exceed that, so we're getting all of our match).

That was a huge pleasant surprise.

Also, I sold one of the kids' unused toy storage racks on Craigslist today for $20. That went into the $20 challenge piggy bank.

4 Responses to “Happy news”

  1. creditcardfree Says:

    That is very happy news! Keep tabs on that one. Smile

  2. Ima saver Says:

    Great news!!

  3. scfr Says:

    That is good news! I'll bet your husband will be checking his statement much more frequently from now on.

    I can see you are following the "magic financial success formula" of doing both the big thing (401K contributions) and the little things (selling things that you no longer need). I never understand when people debate whether you should focus on the big stuff or the little stuff, when obviously the answer is "both." Smile

  4. ThriftoRama Says:

    I never thought of it like that, scfr.

    My motto has always been :Beware of anything with a monthly payment!

    And no, hubby won't check his statements. Today, when we logged in to see what we had he said "Okay, so you just do whatever you need to to make sure we're going to be okay."

    He completely defers to me on all major financial decisions. He is interested, and we do agree and talk about big picture goals, but he knows I'm good at doing the math and making sure all the ground level stuff is in order so we can make the big goals.

    Oh well. It works for us!

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