Comments on: Did you know there was a Personal Financial Satisfaction Index (PFSi)?

By: J. Money

J. Money — Tue, 29 Jan 2019 10:56:40 +0000

In reply to Nita.

Yup – it’s re-opened up here!!! And my wife actually just started a *newer* job in an agency that’s not affected by future shutdowns thank goodness.. such a mess, and an embarrassing one at that for our country.

By: Nita

Nita — Mon, 28 Jan 2019 20:32:44 +0000

You guess right, and you can believe I thank my lucky stars for that. I heard there might be some sort of temporary unfreeze for yours… hope your wife can start soon!
Maybe I should dock a point though, to take into account the possibility that our beloved overlords here get ideas.

By: J. Money

J. Money — Mon, 28 Jan 2019 19:42:15 +0000

In reply to Nita. Slow and steady win the race :) And I'm guessing where you live the gov't doesn't shut down every year or so like ours does here? Ugh...

By: J. Money

J. Money — Mon, 28 Jan 2019 19:36:54 +0000

In reply to Joe. Why not feeling optimistic about the blog stuff? More a personal thing or "the state of blogging" as a whole?

By: J. Money

J. Money — Mon, 28 Jan 2019 19:35:21 +0000

In reply to Ms. Liz. Retirement life looks good on you :)

By: Nita

Nita — Mon, 28 Jan 2019 19:09:30 +0000

I give myself a 54.

Investments: 7. So far, mostly my apartment, which I consider an investment : scored for not too many €€, with excellent financing, and that I trust will resell well. I intend to move back home, where housing costs are WAY lower, when I FIRE.
Financial Outlook: 9. I’d say 10, mostly thanks to the employment, but I need to consider the life partner factor.
Home Equity: 0. Bahh. I haven’t even begun my mortgage (buying new, currently watching the building grow, renting until it’s done.)
Employment Status: 10. Government job, well paid, can’t be laid off.
Personal Inflation: 5. I’m part-time for the year, so all spending seems bigger in comparison. But I’ve cut expenses back.
Personal Taxes: 9. Going part-time allows me to decrease my tax vs income ratio.
Debts Owed: 6. Mortgage only, but I have yet to begin to pay it back.
Career Potential: 8. Never gonna make a fortune but the salary will be steadily growing in the next 16 years. I hope to FIRE in 20, so good enough for me.

By: Joe

Joe — Mon, 28 Jan 2019 16:36:46 +0000

I got 55. Not too bad, but not too great either. I’m just not feeling too optimistic this year. The shutdown, global economy, trade war, etc… There is a lot of bad news lately.

Investments: ____6____ (I’m not very optimistic this year. I just want to keep up with inflation.)
Financial Outlook: __8____ (Long term is good)
Home Equity: ___6____(Home equity is okay, we still have a mortgage.)
Employment Status: ___7____ (self employed, probably won’t make much $$ this year)
Personal Inflation: ___7____ (Not sure until we’re done with our move across town)
Personal Taxes: ___8___ (Pretty good. I don’t think we’ll owe anything this April)
Debts Owed: ___8____(Just the mortgage.)
Career Potential: __5____ (Not too optimistic about blogging in the future.)
PFSiONE Total Score: ___55___

By: Ms. Liz

Ms. Liz — Mon, 28 Jan 2019 15:57:45 +0000

I love this J! Such a great find! Gotta love us CPA’s :)

I give myself a 77:
Investments: 7 (doing ok, still keeping up with inflation since I retired but the last few months . . . )
Financial Outlook: 10 (expenses are running at 2% of spendable net worth)
Home Equity: 10 (100% equity)
Employment Status: 10 (barely funemployed)
Personal Inflation: 10 (hiking, biking and Pickleball are almost free)
Personal Taxes: 10 (only pay self employment and state tax, in the sweet spot on federal income tax)
Debts Owed: 10 (none)
Career Potential: 10 (I could still go back if I wanted to but can’t see wanting to)
PFSiONE Total Score: 77

Wow, feeling pretty good here!