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August 31st, 2013 at 03:14 pm

I finally got around to figuring out where my money will be disbursed.

I gave several thousand dollars away to family and friends in need, it felt good to do this and they are always there for me.

My mom had a $2,000 plumbing problem in her home and she put it on a credit card, so I wanted to help her. I think the last job should fix it for good.

I still have a few monetary gifts to give, but I'll wait for the smoke to blow over.

I banked my last paycheck with my new bank, I won't need to touch any of that money until next month.

I deposited money into a low interest savings account which will become my emergency fund.

Although I could have, I did not fully fund my emergency fund because I will use one of my paychecks each month to save for it.

I set a goal to deposit $1,385 each month into my EF and live off the remainder of my check.

I deposited the bulk of my money into a Barclays account at a decent interest rate and will let it sit there for a while. TBD.

I also opened a Roth IRA with Vanguard with a minimum of $3,000.

I plan to make the maximum contribution of $5,500 (or $2,500) to my Roth IRA by the end of 2013. I have to deposit at least $800 from Oct - December. This should be interesting.

I may or may not add something for September. Being it is August 31st, I feel like the initial deposit is my September contribution.

I also set an automatic transfer for one of my savings account with Capital One and need to set two more automatic transfer.

Tomorrow I have to rework my budget and make sure my dollars have a name. I feel a bit of momentum to start things off on the right foot this time.