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.
Update
August 31st, 2013 at 11:14 pm
September 1st, 2013 at 01:03 am 1377993819
September 1st, 2013 at 03:51 pm 1378047100
September 2nd, 2013 at 12:51 am 1378079494
wino - it's so easy to get back into debt when something hits, i'm not prepared but the procedure has to be done. most of my debt was medical but there's stupid in there too. i have to better prepare for these "surprises."
congrats to you for being back in the saddle. enjoy the ride.
September 2nd, 2013 at 01:45 am 1378082749
September 5th, 2013 at 12:12 pm 1378379524
September 20th, 2013 at 06:35 am 1379655336
September 20th, 2013 at 01:08 pm 1379678910