Welcome to the Roaring 20’s!
Today is a big money day for me. I woke up this morning and immediately checked my bank balance. You know, as I do. I was stunned to see 4 deposits: my paycheck, my bonus, my federal tax refund, and my state tax refund. Whoa!!! I was expecting my paycheck and bonus, but not my tax refunds.
First, what witchcraft is going on at the IRS? I filed my taxes last weekend. I got BOTH state and federal refunds today, 6 days after I filed! Six days?! I’ve never seen the IRS process anything so fast.
Oh yes, Surprise Cat. They did! And in 6 days. Read More
As I wrote about in my last post, I have been given a salary adjustment at work to remedy my below market pay. In case you haven’t noticed, I’m very happy about this. 🙂
I’ve been in limbo an unable to draft a new budget for two reasons. One, my roommate situation was still up in the air resulting in having higher rent than I had been paying, and two, I didn’t know how much my salary adjustment would impact my take home pay after it got
hit slammed by taxes, etc. Read More
I finally, FINALLY, found out my new compensation numbers today, after my promotion a couple of months ago. First, a bonus.
Year End Bonus: ~$4,300
I got a 2016 annual bonus! When it hits my account in a couple of weeks, this is where it will go:
Emergency Fund: $1000
Health Maintenance: $1750
- I expect doctor visits, diagnostic tests and treatments this year relating to some chronic health issues. I’ll be paying out of pocket (HDHP). I may also need some dental work this year. Hopefully this will be enough.
Opportunity Fund: $1250
- Most of this will be saved for gifts and travel to see relatives during the 2017 holidays. I didn’t get to see them during the holidays last year.
Checking Account: ~$300
- I’m not entirely decided about what I will do with any money that remains. I’ll likely keep it in my checking account to cover unexpected or annual charges.
2017 Salary Increase
Guys… (Sigh)… I tried. Read More
Woohoo. Payday! I made another
swing of the axe payment, which is always very satisfying.
As you well know, I have a mountain of student loan debt, and that six-figure balance can feel overwhelming sometimes. One way that I tend to fight a feeling of overwhelm in other areas of my life is by getting organized.
When you have a lot of work to do or a major task/problem in front of you have you ever started cleaning your room or work space? Ok, maybe I’m weird. Maybe it’s a form of procrastination, but I think it helps me to unconsciously lay out and organize my work task mentally when I consciously layout and organize my immediate living space physically.
In any event, now with my credit card debt dead and buried, it’s time to take a fresh look at Read More