Announcing Queercents

We're here, we're queer, and we're not going shopping without coupons

Queercents is coming out of the closet today as a new personal finance blog serving the lesbian, gay, bisexual and transgender (LGBT) community. The site features writings from three established money bloggers (Dawn of FrugalForLife, Nina of Sitting Pretty and yours truly) and will aggregate financial resources and content with particular relevance to the LGBT community.

I will certainly continue to post about my own personal experiences with finances here on Clutter2Cash and now with the launch behind us I can get back to updating all you curious folk about my money sitch (it's not all rosy, I'll tell ya!) and attempting to be helpful to anyone with a curiousity about personal finance :)

Everyone is welcome at Queercents, so please come take a look around and feel free to give us your 2 cents on the new site.

I'd Give This Guy Money

Tags:

• humor

Roth Update

Since I have yet to re-activate my 401k (it's a long story) I have decided that until I do I will try to max out my Roth as soon as possible so I can just check that off for the year and move on to other savings (like getting back to the 401k)

Basically my company's financials are not healthy right now and the prospects are iffy. It really could go either way. So I am prioritizing my Roth savings right now for a couple of reasons:

1. If the company folds and I absolutely need to, I can access money I've contributed to my Roth (but not any earnings) without penalty. So my Roth is a dire-emergency fund in a manner of speaking. I cannot access 401(k) savings in this way, I would have to borrow it from myself which is harder to do if you are unemployed
2. I'd rather get my Roth maximized and full invested ASAP instead of seeing my 401(k) money used as an unofficial "float" to cover cash flow problems. Sometimes my money would hit my account 6 weeks after my payday so that's 6 weeks of lost investing time.
   

To this end, I have added $1200 to my Roth this month instead of the predicted $400 and therefore I am already at 40% of my goal.

If the company's financials make a comeback I will try my hand at "power-saving" so as to not lose the pre-tax opportunity that the 401(k) gives me.

Tags:

• savings
• retirement
• roth

March Networth Update

I wouldn't blame you for thinking I took our 10k and jetted off to the Caymans never to blog again, but alas that isn't the case. I was away on vacation for about a week and a half and before I could get settled into my routine again, things got a little busy with some work obligations and I'm still in the process of digging myself out. Hence the slow updates, but I intend to find my groove (definitely not the way Stella handled it) and let you know what's been going on in my wallet.

I was finally able to complete my NetworthIQ update for the month of March and I closed out at $223,847

This is a bit lower than my average target to meet my year end goal. I don't count the money I have in checking because I keep that to a minimum and it's usually all allocated for bills etc. However due to when I went on vacation, I think I'm behind in moving some money to savings so that might reflect the dip. I *hope* it does...we'll see at the end of this month!