Okay, as I’m writing this I am totally stoked!!
I know I shouldn’t get so excited about a thing like money, but I’m still really happy. I just got something in the mail last night from my company saying that I haven’t cashed a $182 check they issued me last December (which makes sense, but I don’t have any such check). They have all of the info on it, so I just have to mail them telling them I never got it, and I get the money.
I think it sounds about right, but I don’t know how I could have not realized I that I got a check but never cashed it. Must have been some kind of mix up somewhere in-between my direct deposit changeover and my old boss/hours being too good for me to really care. So, that means $182 dollars for me!
I thought long and hard about what I should put this good fortune towards. Should I spend it all on clothes? That was my first thought, but clothes aren’t a good investment, however badly I think I need them. I also thought about putting it all into some kind of foreign trip fund, but I really don’t want to hear my family moaning and groaning about how irresponsible I am, like they said when my sister went abroad. So I figured I’d split the money – $82 dollars going towards my savings fund, which is currently a little less than $200 (again), and the $100 going as an extra car payment. That means one month less to have to deal with paying back my mom, which is awesome.
I’ve been picking up extra hours at work to 1.) be able to pay my bills on time, and 2.) have more disposable income, since my free hours at school cut down on homework time immensely. With the disposable income, I’ve already whittled my style goal down a little (bought a beautiful fall/winter coat that’s very much in my kind of style), and I plan to use the extra money to work to finish my clothes goal. (Winter gloves/boots are coming this week! Whee!) The extra that goes into my savings account I will try very hard not to touch – I’ve only been dipping into it to cover my butt for gas and food, and that’s about it. So, without further ado: my mini-goal on 43Things is to have $500 in savings by the end of October, and KEEP IT THERE!
That’s halfway towards my halfway to this IRA thing. I plan on going to the library today and checking out a few books on Roth IRAs and 401Ks, since my company just mailed me my password to the 401k account I supposedly have now. Planning for the future: it’s getting better and better…
For the Roth IRA, I’ve been thinking that I should do something kind of like what my brother did when he decided to start a mutual fund a few months ago – give the bank $50 a paycheck, or $100 a month, or whatever. I figured that a good starting point would be to give $100 monthly to the bank for a few months after my car payments are over, then go to $50 a month for a year or two, and see where I go from there. Hoping that, in a year from now, I will be a lot better off financially, and now I realize that I should probably be making solid plans and a foundation for that now instead of just throwing caution to the wind and hoping some money magically appears alongside my…erm…”lax” spending habits.
Once I have my emergency fund in place, I think I should find a way to lock it up unless I absolutely need it. Beginning to think of putting it in a lock box at the bank. Wonder if that costs money?