Friday, January 25, 2013

Week #4 - Friday January 25th

Ok ladies & gentlemen... I know that last week was a slow week in my world of saving and that I promised you that this week would be much more exciting. I went on about how once a month I take 1 paycheck and divide it up into 3-4 different deposits into different accounts, but unfortunately you're going to have to wait another month for that.

I had pre-planned for some time out of work to recuperate from my gallbladder surgery, but we had some other expenses come up as well. So sadly I will be starting off 2013 by not putting any money in to my money market savings or my car savings. I will add another $20 to my vacation fund for this week at least!

I'm going to take this weeks paycheck, which was for $601.79, and put 100% of it towards paying down my Discover card bill. I also got a check from my car insurance company to pay me back for a deductible which they insist they owe me even though I never paid it. That check is for $500 and I will be putting that toward the Discover bill also. Paying $1100 on my Discover will lower the bill to between $200-$300 which will easily be paid next month.

So let me give you the week 4 wrap up:
$38.26 to my 401K
$20 to my vacation fund

which makes the 2013 totals...

$165.07 in my 401K
$80 in the vacation find
$9.05 in the piggy bank

Sorry to let you guys down, but saving money usually is not exciting. I do promise that in the next month or two you will get a detailed breakdown of me taking one paycheck and putting it into multiple accounts is a truly OCD fashion! There will also be more deposit cans in the near future to add some more cash saving to the piggy bank!

I"m not sure what will happen next month because I will be getting some paychecks from my actual work, but most of the money for the first 2 weeks will be coming from the temporary disability insurance company paying for my time out from gallbladder surgery. No matter what happens I will give you all the details on all the money and where it goes as soon as I have some more income.


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