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Feeling good financially

March 15th, 2012 at 08:47 am

Hi all!

I definitely still have some work to do but I feel pretty good financially right now. I just deposited $1200 into my savings and have another $900 to deposit soon. Once I have it all in my bank account, I'll transfer to my Roth, bringing me up to $3000 for 2011. My goal is to max out the 2011 Roth. Hopefully, I can meet this goal and not need to rely on BF to help me out. I think it's doable but it means, I need to stay frugal.

One area I haven't been so good in is sticking to my monthly piddly allowance. I've already spent the $150 for March - the problem was that I took it out before March actually started so I spent more than I'd hoped. I'm only allowing myself dinner/coffee out when I have gift cards (BF gave me a half used Starbucks card that I will treasure this month)!

The March bills are all paid so I'm hoping to just coast for the rest of the month without spending anything extra. I have $330 left for groceries and gas which should do me just fine (I anticipate spending about $180).

4 Responses to “Feeling good financially”

  1. Analise Says:

    You are making excellent progress. Keep up the good work!

  2. snafu Says:

    Good on your for being aware when the allowance has been used up spending stops in that category. I sure hope your staying up-to-date with Discover, Citi, Chase and other bills plan so that interest rate increases 2013 don't drown you.

  3. Jerry Says:

    The name "piddly allowance" leads me to chuckle a little... I like the name. Wink It sounds like if you can get a handle on that, then you will have some insurance that you are able to meet your goals! Hang in there and good luck to you...

  4. scrappytappy Says:

    @snafu: Thanks for the concern! I am staying on top of those bills as well. I'm very confident I will meet the CC goals on time or ahead of schedule, before the interest rate increases. I actually estimated that my tax return will pay off Discover almost entirely. Even if that doesn't happen, I'm certain I will not being paying interest on these accounts. That certainty is why I allowed myself to take the plunge started on my Roth and it's almost fully funded for 2011! I just hit $4000 today Smile
    @Jerry: I'm glad to give you a chuckle! haha. I don't know where I first found the term but I like it, too. I'm really proud that I do stop spending in the piddly category when the money isn't there; it helps that I take the cash out of the bank at the beginning of the month. I know I will be better about not blowing all the cash so early next month!

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