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All Forum Posts by: Katie Douglas

Katie Douglas has started 3 posts and replied 36 times.

Post: Frustrated with Bigger Pocket Posts

Katie DouglasPosted
  • Morris, IL
  • Posts 36
  • Votes 9

I just wanted to thank everyone for commenting on this post and for the lively discussion. Many of you have shared your personal stories with me both here and in private messages. I really appreciate you taking the time to engage with me, even when you didn't agree with what I said. I look forward to more discussions on this site. 

Post: Frustrated with Bigger Pocket Posts

Katie DouglasPosted
  • Morris, IL
  • Posts 36
  • Votes 9

@Alex Chin

Thank you for sharing your story and congratulations on your financial freedom! 

Post: Frustrated with Bigger Pocket Posts

Katie DouglasPosted
  • Morris, IL
  • Posts 36
  • Votes 9

@Franklin Romine

 Sounds like you had great insight and a great plan to meet your goals!

Post: Frustrated with Bigger Pocket Posts

Katie DouglasPosted
  • Morris, IL
  • Posts 36
  • Votes 9

@M Marie M.

Great advice! We live here because I got a full ride to a PhD program about an hour away but left with my MA. My husband followed me here when I was accepted and this is where he found a job. He actually has a very good and stable job with a good upward trajectory. We make more than the average household and live in a relatively low COL. I think you are right and we will just wait for a couple more years, pay down our expenses, save up,  build up our knowledge, and then move. Technically he can't be licensed in his field until he has a couple more years of experience and passes a licensing exam, but after that there will be more job opportunities in other locations where we will be able to invest. 

Post: Frustrated with Bigger Pocket Posts

Katie DouglasPosted
  • Morris, IL
  • Posts 36
  • Votes 9

@Franklin Romine

Great point! So what did you do instead?

Post: Frustrated with Bigger Pocket Posts

Katie DouglasPosted
  • Morris, IL
  • Posts 36
  • Votes 9

@Account Closed

Great tips! Thanks!

Post: Frustrated with Bigger Pocket Posts

Katie DouglasPosted
  • Morris, IL
  • Posts 36
  • Votes 9

@Brittaney Woods

Maybe so. I wrote this in a moment of frustration and maybe I just need to toughen up and hustle more. But I am still in the skill building phase and my point is that when I have looked to BP for resources, sometimes the advice given oversimplifies the amount of time/money/skills are needed to get started. All of those things are important to note and posters  should note what assistance they had. I will continue to read BP to help shore up my skills so that I can start investing when my family is ready to get started. 

Post: Frustrated with Bigger Pocket Posts

Katie DouglasPosted
  • Morris, IL
  • Posts 36
  • Votes 9

@Joe Moore

These are great tips! We are working on increasing our credit limits and our credit scores have gone up during that process. It just takes time and we stopped for a bit when we thought we would be applying for a mortgage. 

Post: Frustrated with Bigger Pocket Posts

Katie DouglasPosted
  • Morris, IL
  • Posts 36
  • Votes 9

@Sakeena Rashid

We keep having problems with one car so we may need to purchase one in the near future. We won't spend $30k on a new car. 

Thank you for these resources! The tip about thrift stores is great. Obviously clothing was a small pain point for us, and we could have saved some money there. I live in a very small town so will have to do some digging for a good shop- but it is great tip! I will also look up that movie! We do have a lot of things in our favor and we are making good progress towards our goals. I just wish people would talk about how sometimes progress can take a bit more time than what is discussed in some of the motivational posts on this site. 

Post: Frustrated with Bigger Pocket Posts

Katie DouglasPosted
  • Morris, IL
  • Posts 36
  • Votes 9

@Rick H.

Really great points. Thank you for your post!