Friday, May 01, 2009

What to do with the part-time check...updates

Hours at the part-time job has suddenly picked up. This means that my paycheck will go back to its pre 2009 amount. However, for the last few months I've learnt how to adjust without it. So I will be using that amount to get rid of my debt now that my savings goal has been achieved.

My 6 month car insurance premium is due today. I will be paying it all at once, and I didn't even panic. This blog has really helped to improve my finances. I'd like to think all my readers, all 2 or 3 of you. LOL

My savings goal of $5,000 is almost 50/50 in CD's and a regular savings account at the credit union. Using CD's was a critical tool in achieving my savings goal. The threat of loosing the interest before the CD matures was enough for me to keep it there. This may not work for some people but it sure works for me. As for the money in the regular savings account, I like seeing the comma (,) so I won't be touching that either. For someone who is just now leaving the check to check crowd and joining the savings crowd, a comma is a huge thing.


Sistah Ant said...

I am so happy for you! The comma really does feel good!

Anonymous said...

Tired of being Broke:

I haven't left a comment before, but I will now b/c it is great to hear you have left the "check-to-check" crowd.

That's great news. It makes me happy for you even though I don't know you at all.

10,000 is just around the corner.

Organized Noise said...

I love the comma too. I got my first permanent comma thanks to my ING account.