This month I was able to put $750 into savings! WOOT. It brought our total up to $2,262.92. Another deposit like this next month and we’ll hit our goal of $3000 and be able to open Terri’s IRA. Not to say I’m not proud of how much we were able to do this month but I should still be putting more into savings. We aren’t budgeting our spending very well. We have a budget it just isn’t really being followed. I am tracking our spending on Mint.com though so at least I can see where the money is going. I’m hoping next month’s deposit will be around $1,000 but we’ll see.
I’m also looking at opening a high-interest online savings account either this week or next month. Right now we barely receive any interest on our savings, I think it’s something like 0.4% compared to 2.40%- BIG difference.
