How much goes to your Freedom Acct?
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How much goes to your Freedom Acct?
| Thu, 09-16-2004 - 5:44pm |
I was curious. I was looking at my budget, and scared by the amount of money going into my Freedom Account every month.
So, w/o doing a poll, I was curious, about how much do you put into your freedom account? If you're not comfy saying, that's fine.
Me, I noticed that about $450 goes into my account. And that's after I break it down into 12 months, instead of my "shortenend" budget.
Sometimes I wonder, wouldn't it be best spend on CC's? Especially certain ones?
BTW, missed another yearly debt. Dog license. lol. I hate when those things sneak up on you. lol.
~Cher


Julie
Just kidding-I totally agree with you. We don't have Freedom Accounts, but we're headed that way. I'm just too darn impatient to get the majority of the debt outta here!
I figure if push came to shove, well-we can break into the emergency fund or stop the snowball for that month.
Lisa
$275/month. But I just wiped out the whole thing flying home to visit my parents, then going on vacation a month later. But that's what it's for right? Unfortunately I actually spent more than I had estimated so I am paying off that debt now and cannot pool more money into my FA for the next couple months at least. Oh well. At least that's better than being in debt for the whole shubang right?
As for paying off debt, I do it at the same time. I send $300/month to the CC company, $300 to the student loan ppl, $275 goes into the FA (but I don't do additional savings since I already have my contingency fund sitting in CDs), and the rest goes to living expenses.
Thanks everyone.
I guess I just think about things differently.
Something else, too-just because you've always been poor doesn't mean you're always going to be! That's part of what this board is for-to give hope when it seems like hope was on a clearance sale and you didn't get to buy any, lol. That's what I've learned in life-it's all a big cycle. Somedays I'm at the top, and somedays I'm dragging through the bottom muck. Either way, it's all good, because it will change soon enough.
I don't know what to tell you about your BF-sounds like you learned an important thing about him, though. Good luck with that-
Hang tough-you're gonna make it.
Lisa
Thanks LIsa.
And you're right. I do have to rethink things. Also, I think I was in a pissy mood cuz of my bf. I mean, I gave him all of my Freedom Acct money that was supposed to go in that week. And I'm left with like $60 for the next two weeks. I was just so angry at him.
I guess that's why I said, Freedom Account. Ugh! I'm trying, but it doesn't help when bf demands money when it's not allocated for until the next two paychecks. So that threw me WAY off. And I needed that money for things PRIOR to my two pay periods. Ugh. Ah well.
I got some good news, so I think I"ll survive the next two weeks.