Eric Tyson has suggested that the wisest investment I can make right now is reducing my consumer debt. I have always been allergic to my credit card. I seldom used it because I know paying back a loan with interest is a bummer. Life happened recently and I chose to use my credit card to pay for things like rent, groceries and fuel.
I applied for two other credit cards with a 0% balance transfer fee for a year. That has neutralized the corrosive effect of paying interest on my initial credit card. All I need to do now is remember to pay of the two cards before the introductory rate expires and I’m Au.
Meanwhile, as soon as my benefits for work kick in I’ll start putting money in my 401k again. I am learning about additional benefits of tax sheltered retirement accounts. When the credit card bills are absolved, I’ll put money that I had been putting in them into an additional Roth IRA or invest directly in stocks and bonds. I’m also fascinated by Forex markets, but I don’t have that kind of capital.
Why not write a grant a day? maiki says that grant writing is a daunting task. Okay then, maybe one or two a week? I should take a crack at applying for grants. We may have a better chance of getting one once our non-profit comes closer to this instance. It’s a badass organization. You’re going to love it.