Tuesday, April 21, 2015

10 Things I Hate (in no particular order)

So it is Tuesday and already a couple of these things have happened to me.  However I decided instead of flipping out on people or getting stressed that instead I would write it down and share it.   I don't know about you but it usually isn't the big things that push my buttons, it is more the little seemingly insignificant things that get under my skin.  Do these things ever happen to you?  If so, how do you manage them? 

1)  When you push the elevator button and it is lit, then someone who just saw you push the button comes immediately behind you and pushes it again, like your push didn’t count – why lady why, was my push not good enough for you?

2) When you are in the bathroom stall and you hear another person leaving but you don’t hear any water running or paper-towels being dispensed, then they open the door to leave – Just gross, wash your damn hands, I don’t want to be in the vicinity of your waste matter particles, CLEAN IT UP!!

3) When you are telling someone a story (or anything) and they keep interrupting you trying to “guess” what you are about to say next – just friggin’ listen and let me finish the dang story.

4) That horn noise that goes off constantly in reggae and hip-hop mixes – okay I like it once but don’t keep rewinding “selecta,” just learn to play the horn noise sparingly PLEASE!  Less is more!

5)  Objects that require batteries but in sizes other than double AA, triple AA, D or C, like those stupid round batteries that go in a watch that you can’t find anywhere or those weird rectangle ones with the round things on top, yeah those.

6) Group text messages with people I don’t know, it’s like a bonanza – my phone going off with numbers I don’t recognize so much so that the battery is half dead by the time the conversation is done.  Just want to throw my phone when this happens.

7) Putting a coat on over a long sleeve shirt and having the shirt’s sleeve roll up to your elbow or beyond.  I have tried a variety of tactics to combat this and here are my top three:  A) Hold onto the sleeve in your hand then put on said coat (this usually does the trick but some sleeves can be tight so not as easy to get a grasp on), B) Take the coat off, then put it back on while carefully sliding your arm straight down so there is no contact between the shirt and the coat (doesn’t always work for me, I almost always hit the side), or C) Just roll out with disproportionately large biceps and don’t worry about it (This usually only happens to me because I didn’t leave myself enough time to employ options A or B.) L

8) Any sentence that includes the words cray, bae, fleek, “or nah”, swag, yolo, seriously, really, omg.

9) My phone auto-correcting, it always gets it wrong like why does “love you” become “louie” or “lovely”.

10) That whenever I need some “quality time” in the bathroom at home, that’s when the kids want to bust in the door and talk and hang around and won’t leave no matter what I try to bribe them with.  Please can Mommy finish first, then we can read, eat, play, go outside, do anything … why do you want to be with me right now and why do you want to wait for me in here?  

Please feel free to add things you hate in the comments section for future additions of "10 Things I Hate" and let me know if you hate some of (or all) of these things as well.

Sunday, April 19, 2015

4 Financial Tips/Tricks to “make it” in DC on a public servants budget

Caveat:  I am NOT a financial expert in any way, shape, or form.  I am however a habitual HR brown bag attendee and question asker and the lucky recipient of a lot of sound financial advice during my time in the foreign service thus far, which I will now impart to you. 

Take advantage of loan forgiveness programs
If your employer offers these programs and you have qualifying student loans, participate in them.  Why pay your own student loan debt when someone else will do it for you?  The State Department offers the Student Loan Repayment Program (SLRP), for those who qualify under the parameters of the program.  If you are like most newly minted Foreign Service officers, you have moderate to significant to so big you don’t want to think about them loans and the SLRP is an easy way to knock out your loans.  For those who may not qualify for the SLRP or are not in a position to serve in a service needs differential post, do a little research and see if you qualify for the Public Service Loan Forgiveness (PSLF) program and if so apply for it.  The PSLF Program is intended to encourage individuals to enter and continue to work full-time in public service jobs. Under this program, borrowers may qualify for forgiveness of the remaining balance of their Direct Loans after they have made 120 qualifying payments on those loans while employed full time by certain public service employers.

Max out your Thrift Savings Program (TSP) or contribute enough to get the agency match
If you remember nothing else from this section, remember this, “compound interest is your friend.”  The TSP.gov website says this about compound interest, “Compounding is powerful because it allows you to make money not just on the money you contribute to your TSP account every year, but also on the money that it earns.  The power of compounding can work for you whether you contribute $10 to your TSP account or $10,000.  The most important thing you can do is to start saving as soon as you can and be consistent.” I know it can be a challenge to “survive” in the DC-area as a federal employee, especially as an entry-level officer, but to the extent you can maximize your TSP you should do it.  For 2015, the maximum contribution limit is $18,000.  If you cannot commit this much to your TSP, contribute enough to get the employer match, otherwise you are throwing away free money.  Note:  You need to make a contribution equivalent to 5 percent of your basic pay to receive the full 5 percent agency match.  The agency match breaks down as 1 percent automatic agency contribution and an additional 4 percent to match your contribution. 

Live within your means
If you are like many Americans, you may find that you spend more than you save, an easy and common pattern to fall into in the DC-area.  In order to reverse this trend it is essential to employ planning and discipline.  Here are some steps (paraphrased from practicalmoneyskills.com) that can help:

1.) Create a budget
2.) Question your needs and wants
3.) Track, Trim and Target

Creating a budget can be a painful and tedious process, however the process will let you know in painstaking detail how much money you have coming in and where your money is going.  Once you understand your money flows, you can evaluate your larger financial picture, figure out ways to spend less or conversely earn more, establish realistic financial goals, and identify the steps you need to take to achieve those goals.

Take advantage of where you live
I keep alluding to living in DC in other parts of this piece because it actually does make a difference in terms of how far your money can stretch and in this case, “location” directly dictates the terms of what it is to “live within your means.”  DC is currently in the top 10 most expensive American cities according to the most recent CBS Money Watch report.  Some interesting stats from that report are below; I have cross referenced their findings with the national and/or median average cost for comparisons sake:

WASHINGTON, DC                                                         NATION
Can of coffee:  $4.93                                                          $2.38
Average rent:  $1960                                                          $769
Price of a home: $767,000                                                  $188,900
T-bone steak:  $10.52                                                         $3.89
Trip to the beauty parlor:  $51                                            $24
Dozen eggs: $2.36                                                              $2.27
*I guess we’re kind of okay with egg prices.

However, unlike everywhere else in the country, we live in our nation’s capital and with that privilege comes A LOT of free stuff.  There are many sites out there about things to do in DC for free, one of the best and most comprehensive is below:

Take advantage of the: Smithsonian Museums, National Zoo, Screen on the Green, the National Gallery of Art, the Kennedy Center, the Baltimore Inner Harbor, miles of amazing biking/running trails and parks, DC Restaurant Week, free tickets to sporting events, concerts, and more at the Verizon center, and programming at the DC Convention Center.  With all of the Universities, think tanks, non-profits, and consulting firms in this area, there is no shortage of festivals, conferences, and fairs etc. that are often free and open to the public.  There are so many free opportunities and things to do in this area that if you are paying a lot to be social, you are doing something wrong.