I could drop them back down, but I don't want to do that. I have to think.
Even if I did Door Dash, it might not close the gap. I'm trying to think.
* * *
I downloaded DoorDash, just in case. I'm really hoping to get overtime at work. I could swear that I've never been able to make sense of DoorDash, but, whatever. I don't think I've ever been able to make very much money by DoorDashing.
I downloaded DoorDash, just in case. I'm really hoping to get overtime at work. I could swear that I've never been able to make sense of DoorDash, but, whatever. I don't think I've ever been able to make very much money by DoorDashing.
* * *
I don't know. If I don't get any overtime, I'll just suck it up and DoorDash. I honestly have never been able to make sense of it. One issue is that, I've always DoorDashed during the morning, but, we'll see. I don't want to drop my 401(k) contributions during these last 2 months of 2021.
* * *
I did get a sliver of overtime today, less than an hour, but, maybe more will come next week. The issue is that, well, that's pretty much it for this pay period. I have to think. I'm just going to stick with my plan: I'm going to stick with my elevated 401(k) contributions, and make it up any budget deficit with DoorDashing.
Here is the issue: If I get a lot of overtime, it makes sense for me to sock it away in my 401(k), if I don't get a lot of overtime, then I may face a budget deficit for the month of November.
One possible course of action in the event of a budget deficit is to take the money out of my cash savings, the other possibility is to take the money out of my Robinhood account, and then there is Door Dashing.
I don't want to take any money out of anywhere, and I don't want to reduce my elevated 401(k) contributions, so I really have no other choice but to DoorDash in the event that I don't get any overtime.
I've honestly never been able to make sense of DoorDash, I really haven't. Like I said, though, I'll just suck it up and figure it out.
* * *
Fuck it. I dropped my 401(k) contributions from 40% back down to 4%, and here is the reason why. I ended October 2020 with a balance of 2500 in my 401(k), and it's currently at around 9500. So, I did better this year, Well, Obviously. I think that, from time to time, I'll shift gears on my 401(k) contributions. One thing is that: This is money that I really wont see for 30, 35, or 40 years from now. I don't really want to retire sooner than I need to, even if I have money to retire sooner than I need to.
I think that this should solve any budget deficit. I think so. Anyway. I might DoorDash anyway. I'm operating under 2 assumptions, One is that I don't get any overtime for the remainder of the month, this would be odd considering that it's November, but, maybe, who knows.
So assuming that I get no overtime for the remainder of November, will I have a budget deficit?
* * *
Don't go overboard
On the retirement crap.
You're right when
You say that you won't see
The money for decades.
Don't lose sight of
the present by planning
For some distant future.
Of course, putting 40%
Of your paycheck in your
Retirement acccount is
Better than spending 40%
Of you paycheck on.
I don't know. whatever
Dumb shit delights
you these days,
But it can cause many of
The same problems. So.
Just be aware of that.
* * *
I'm thinking. I'll just keep it at 4% for now, and the remainder of the year. I'll bumb them back up next year after topping off my IRA and HSA.
There's a chance that my next paycheck will either have a 40% or 30% contribution. I'm not going to worry too much about that. The final 2 paychecks of the month should be at the reduced rate of 4%.
Let's think about one more thing, my November budget is based on my December expenses. I have to remember that, and also that sometimes it is possible to bleed December income into my November budget since my November budget covers my December expenses, and some of my December income occures before my December expenses.
* * *
I might have to re-think everything, but in thr short term, it's possible that everything is going to be fine, and I just don't know it yet, my first choice, in case things aren't fine, would be to bleed the budget months, the second choice would be to take it out of Robinhood, but for me, that's almost the same as the end of the universe. Almost. I'm exaggerating. Obviously.
But this second choice, of taking it out of Robinhood, has two sub-choices, and the preferred sub-choice of the Robinhood-nuclear-option-choice is to let the positions that are already closing the third Friday of November close, and take the money from there, the second sub-choice of this choice is to sell something. No way.
Honestly. I think it will be okay. I'm still operating under the assumption that there won't be any overtime this month.
* * *
Let me think? So what's causing the cash crunch/budget deficit? One, I had my retirement contributions set to 40%, I dropped that down to 4%, I also budgeted 250 for cash savings, as distinct from investment savings, and quite a bit in non-essential and non-critical debt reduction. I think that reducing my retirement contributions should be enough.
* * *
I guess that settles it for now. I'll worry about it more later on in the month. It's cold, and I'm tired.
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