Summer school starts tomorrow, so it’s back to work for me 🙁 Actually, I’m kind of looking forward to it because I’m getting bored. My whole district only employs about 40 people to teach summer school, and other teachers are totally horrified to find out that I volunteer (i.e., am not cajoled into) doing it. I can’t understand it! Unless I was working on a second masters or doing a lot of traveling, I would be bored out of my mind without a job. And the extra money is really fantastic. I don’t “depend” on the summer money because I get my salary over the summer like normal, but this is a nice quick way to create an emergency fund. My goal is to have a $4500 E-fund by the end of the summer, which should be really do-able.
I’ve been thinking a lot about my budget recently, and I’m really conflicted about how I should be allocating my money without this personal loan to worry about (woo hoo!). I’m definitely starting a Roth IRA with my mid-July paycheck, but I’m just not sure how much I should put in per month. Mostly, my fears center around losing a lot of money if I put in a lot of money. I know this is silly, because if you wait long enough the market rebounds, but the events of the past year have made me reticent to start dumping a ton of money into any type of investment.
I’ll do some more thinking about this, then post what I decide…
