Ah, savings.
I have three savings accounts currently accruing cash:
1. Emergency Savings
2. International Travel Fund
3. Fun Savings
1. The Emergency Savings fund (AKA Bail Money, Life-saving Surgery Fund, etc.) needs to have $1,000 in it. I am moonlighting as an adjunct professor at the local University, and am depositing my professorial $$$ directly into that fund. I will attain the goal of having a $1,000 savings account by the end of December this year.
2. I am putting $250 into my International Travel Fund account a month. $125 a paycheck is manageable, and I pay it out to myself like a check.
3. Fun savings: what I have left in my general checking account at the end of the pay period fortnight. Whether it be $30 or 30 cents - into Fun Savings it goes. This money can be spent on fun stuff: local travel, dinners out, fancy new shoes, what have you. It's also a nice "not really an emergency" fund.
My savings, to be updated fortnightly:
1. Emergency Savings: $441.44
2. International Travel Fund: $125.00
3. Fun Savings: $25.54
Savings
October 27th, 2009 at 03:23 am
October 27th, 2009 at 01:48 pm 1256651338
October 27th, 2009 at 03:41 pm 1256658110
October 27th, 2009 at 05:29 pm 1256664547
October 28th, 2009 at 01:17 am 1256692664
Ima - I do have a retirement plan through work. I contribute the maximum (6%) and am matched plus half a percentage. I also have a small Deferred Compensation account in which I deposit about $20 a paycheck. It's just a little, but it seemed a logical thing to do with a small bit of extra benefits cash.