WOOHOO!

iVillage Member
Registered: 04-10-2003
WOOHOO!
10
Fri, 08-03-2012 - 3:51pm

I'm feeling fantastic right now :smileyhappy:

I maxed out my CPP and EI for the year which means about $400 a month extra on my pay. On top of that, August is a 3 paycheck month so I have a little extra (not a ton because so many of my bills are biweekly, but some). BUT my company also started to catch up on the expenses they owe me.

Moral of the story . . , my efund is at $1K! This was my August goal and I managed it 3 days in!!!

I am amalgamating all of my accounts, so I even moved my sinking funds to my new bank (free e-account) so now, everything is in one place. It's so much easier when I log in and can see everything right away. I got a CC from my new bank also and am planning on cancelling my other one and just using this one (my other one gives me cash back and it hits in November so once I get that I will close it - I've only had it for a few years so it's not like I'm losing a chunk of credit history). My new CC gives me points that I can redeem for investment awards (like contributions to my retirement account) so I think that works as well.

So NEXT month I will really be able to focus and pick a debt and start paying it down (still not sure which one though :smileyhappy:)


Bex -

iVillage Member
Registered: 03-15-2012
In reply to: girly_girl13
Fri, 08-03-2012 - 3:58pm

Hubby has maxed out on his contributions too.  We are using the "extra" for paying down our car loan as well as topping up our Freedom Funds (sinking funds).  Good for you!

 

Sandra

iVillage Member
Registered: 04-10-2003
In reply to: girly_girl13
Fri, 08-03-2012 - 4:48pm
Lol it really does feel like "found" money doesn't it? Every November and December I end up with several hundred dollars of "found" money because my property taxes only come out for the first 10 months of the year. I always use this money as the basis for my Christmas budget (along wth the CPP and EI).

Good for you for topping up the sinking funds and paying down the car!

Bex -

Community Leader
Registered: 08-25-2006
In reply to: girly_girl13
Fri, 08-03-2012 - 6:42pm
I love it when unexpected things like that happen. Good for you!
Serenity
iVillage Member
Registered: 11-14-2008
In reply to: galstorelady
Sun, 08-05-2012 - 4:16pm

Oh this is great news! Good luck deciding which one. I know you are often torn on which one to do. But you know it really doesn't matter, all have pros and cons. As long as you are headed in the right direction.

iVillage Member
Registered: 10-01-2008
In reply to: girly_girl13
Mon, 08-06-2012 - 2:46pm

I knew you could do it!!!! 

Don't you just love the month of August!  (DH get's three checks too this month)

 

Norma


"Patience is the best remedy for every trouble"- Plautus


iVillage Member
Registered: 04-10-2003
In reply to: girly_girl13
Mon, 08-06-2012 - 5:19pm
I DO love August (it's also my birthday month). 3 paychecks is awesome!

Bex -

iVillage Member
Registered: 10-01-2008
Tue, 08-07-2012 - 8:34am

August is my birthday month too!  29th....what day is yours?

 

Norma


"Patience is the best remedy for every trouble"- Plautus


iVillage Member
Registered: 04-10-2003
In reply to: girly_girl13
Tue, 08-07-2012 - 9:18am

The 13th! Yikes, I'm getting old!


Bex -

iVillage Member
Registered: 10-01-2008
Tue, 08-07-2012 - 10:06am
I think you are the same age as my son........that would make me ancient !!! LMBO

Norma


"Patience is the best remedy for every trouble"- Plautus