save 3 months salary

I transferred 10% of my paycheck to savings; and the work has ceased making physical deposits for the expense checks. They deposit the repay into the checking account so I transferred the repay into savings too (they used to deposit the checks into the savings for me but have switched to e-deposits). Incremental steps.

I elected to pay the closing costs and escrow out of pocket rather than roll the costs into the loan. This expense delays the 3 mos. salary. It looks like March is when I will have this magic number.

I transferred 10% of my check and Jeff’s paycheck into the savings account. I also made a student loan payment to the account (for September). My dad paid me for his cell phone through December. I wish he wouldn’t – it is no big deal to have him on the plan. But there is no arguing with him so I will deposit the into the savings account too. Based on my calculations, I could reach the goal by January but I expect there will be a set back with refinancing the house because I didn’t roll the closing costs into the loan. Nonetheless, we are getting there!

I reconciled the checking account and transferred 10% of my paycheck to the savings account AND I made a school loan payment to myself. I also deposited (had to physically GO to the bank because I can’t get the virtual wallet to work) a reimbursement check from the office.

I know I will get to the 15k goal but it may not be by the end of this year – it may be early winter depending on the costs for refinancing the house. But that is ok with me. I know the direction and what I am doing – make savings goal; then save smaller amount for a car and meet with a financial adviser to invest for retirement; pay off house.

Transferred savings (10%) for my paycheck and for Jeff’s!
Paid student loan payments for June and July into the account – caught up.

This will be a stretch to make by the end of the year – at the rate I am going, we will be there in Feb/Mar of 2013. But I think we can do this and I will give it my best shot to continue finding money to transfer to the savings account (I love the bank’s interface).

I caught up the student loan payments. We paid off the loan in May and I ceased to make payments to myself (didn’t employ the debt snowball). But I paid ourselves the $90 fee in August. And now I caught up June and July. I will make the September payment at the end of the month.

I just realized that I should be transferring the student loan payment to the savings. We paid off the loan in a lump sum earlier this year and I should have continued to make payments to get the savings goal – it is money that was already allocated. I will start that this month – today – now!

I was conscientious and transferred money after entering my paycheck in the register. I don’t know why I put things off like this – even if I don’t have time to reconcile the account to the online statement, I can still keep up with the transfers and reconcile at another time.

I transferred 10% of our paychecks to the the savings account last night. I really like the ‘new’ bank’s website. They make it easy. I missed a few paycheck transfers but I will be more attentive because I really want to reach our goal by the end of the year. I made a ‘catch up transfer’ so I am current through the year.
I have been ‘baby stepping’ – we are on #3 Save 3-6 months’s expenses and I hope to accomplish this by the end of the year.
Then invest 15% and save for new car.

I took the CRV in for servicing today – just routine stuff and I wanted to check the alignment before we drive north. As I waited for Tomie to pick me up for the client meeting, I looked at a few newer CRVs. To my surprise, I felt a stirring of desire for a new car. I really don’t like cars and I DO NOT want a car payment. Both Hondas are running great; I have never opted for a ‘new’ car. All of our car purchases have been out of necessity – replace a totaled vehicle or left a job that provided a car. So I reminded myself of my financial goals – 3 months salary then save for a car and increase the retirement investment. In fact, the trip we are taking to NYC is partially funded by Craven and then with ABOC funds – no household money so all the goals are still in sight.