Friday, February 29, 2008
I had a great day yesterday starting out with the good interview and followed up with the last Black History Event for the month at the Bank. There was a ceremony where educational and career achievements for African American workers at the Bank were recognized and celebrated. I got recognized for getting my law degree and passing the bar exam.
At the event, I was able to network and talk to a lot of people including the CEO of the bank (I had to pinch myself) and several other member of the Executive team. It was such a tremendous opportunity and one of the reasons why I love working for my Bank in particular. Where I work, we are a large regional bank with a close feel that I don’t think you get at other larger international banks. This is just one of the many reasons why I want to stay there because I can see myself getting the opportunity to advance. It amazes me also how much more comfortable I am with networking and meeting people. Two years ago, I would have broken into a cold sweat and quickly walked from the room hoping nobody noticed.
I will keep you posted on how things turn out. When all goes well, I should be transitioning from my position by the end of March. Either way, I feel like things will be getting better for me and soon.
Tuesday, February 26, 2008
I will keep you posted on how things go but the position will earn me no less than $90k/ year which will be a significant boost in income from my current $55k salary.
On a side note, my current manager is making me give up my flex schedule now that law school is over. While I knew it was coming, it is and was my hope that I would land a different position before having to return to a full five day workweek. I have the 4-day schedule for another month so I am hoping to make my transition to the new position within that timeframe. Besides, we’ve been so busy that most weeks, I end up working 5 days anyway and working late.
Wednesday, February 20, 2008
I went to the doctor today because my throat has been sore for 8 days now despite the antibiotics. Of course since I was going to the doctor, I automatically started feeling better (why does that happen?). One thing that wasn’t better is that my chest was still very congested and I would get winded very easily so she prescribed a different inhaler for my asthma so that my chest can clear up. Hopefully, I will be in tip top shape by next week.
I got into a car accident this morning on the way to the doctor. I was on the expressway (Chicago’s famous Dan Ryan) and a car in front of me thought he could cut into the next lane but couldn’t. So, he played car hopscotch and jumped right back into my lane and when I slowed down, the guy behind me rear-ended my car. I had to wait for the state police but despite the large impact, the damage is minimal.
On Saturday, my car started making the worst grinding noise and I knew something was wrong with the brakes. I was right. On Monday, I took my car in and I needed new brakes. That was $280.00
So, my luck hasn’t been so good lately in the financial arena and I am financing everything with my credit card which will have to be repaid with my tax return. I am looking to file my taxes by the end of next week. With everything that has happened to me in the last few months, I am trying to keep a smile on my face, think optimistically and believe that good things to come are right around the corner.
Thursday, February 14, 2008
If you can make a donation to SOS Children's Village, please do and let Wooly Woman know so she can add the donation to the final tally. Let's give from the heart and help others less forunate. Despite my debt load, I am truly blessed.
I will keep you posted on how it goes but I am off on vacation next week. While I am off, I will be applying all over the city for jobs in the area and just mass sending out info to firms.
Tuesday, February 12, 2008
What do you think??? Here is my current allocation. I am 30-years old and the current balance is $28.6k.
Monday, February 11, 2008
The position at the Bank would provide me with some transferable legal skills so it is a positive move in the right direction. There is another possible position here at the bank that may materialize in the future. However, I would prefer the one I posted for because it at least involves a small legal angle.
I got a call from Human Resources last week to ask me a few questions. Overall, I believe that I am qualified for the position and I am eager to move my career along. I have an interview on Wednesday.
I know this post is late but here are my goals for February:
Move to all cash/debit system
- I have a little cash so I am moving to an all cash/debt system as of today.
Apply for Law Jobs
- My goal is to land a law position within the next few months. I want to get out my information to firms by the end of the month.
File Tax Return
- I have yet to file my taxes. I am still receiving information. I just got more tax forms in the mail yesterday but I think I have everything now.
Tuesday, February 05, 2008
My goal is to secure a law job within the next two months.
January’s credit check was good and clean. My credit scores are as follows:
Transunion: 738 (750 in December)
Experian: 777 (777 in December)
Equifax: 730 (733 in December)
I am not entirely sure why my credit score declined in January. It may be because Equifax was late in reporting two of my student loans. I am still pleased with my scores.
Friday, February 01, 2008
It was a tough month for sure but here is how I did with my January 2008 Goals. This is the first time I set monthly goals but I actually liked the concept so I will continue in the future.
- Move to all cash/debit system
Negative. What cash? Broke is the word of the month.
- Set up automatic payments for my student loans
Done. Not only did I set up automatic payments for my student loans, but I also put the federal loans that entered repayment 1/1/08 into forbearance for 12 months since I did not get the legal job and my cash flow is strained.
- Get job offer to join the Legal Department
Negative. I got turned down for the position but I did have someone who has decision making power ask me if I would be interested in another position. It’s non-legal but it would be a step up in pay along the lines of the legal position that I posted for. Although it is non-legal and not particularly the direction I want to go in, I can’t be picky at this point if the job is going to increase my salary from $55k to at least $85-$90k. I have to get out of this debt chokehold.
- Put $1,000 towards Emergency Fund
That would also be a negative. Not only is my emergency fund depleted but I owe my parents $600 for the garage genie and my new windshield. My mom said there is no rush to pay them back. When I asked if I could pay them back with my tax return, she said sure. Thankfully, I have wonderful parents. They helped me out tremendously financially and also by making the phone calls to being there to get everything fixed and replaced.
- Pay off December/Christmas Damage: ~ $3,770
Done. It was paid off with my bonus which was supposed go towards repayment of my cc/heloc.
It was a tough month for sure. No doubt.