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This payday came quickly

August 5th, 2022 at 07:10 pm

I didn't even realize it was Friday or I got paid until I recieved a text message alert from my bank regarding the direct deposit. 

So, I sat down and played the TRANSFER MONEY game, and paid a few bills. $200 automatically to our general savings, $600 to my CMA (in lieu of sending to our two Roth IRAs, since we can't have them right now, income limits), $400 to Escrow for House ins. and property taxes, and then $600 to Escrow Other for all other things that happen once or twice a year. 

I don't know what to do with my Student Loan payment - or my $500 extra I have set aside to help pay it down. I have not recieved a bill yet, and I think things are still in limbo at the White House. So, I've decide to put that money into my Snowball account (ear marking all of these deposits, of course), and then make a large payment when we know what's up. It's already Aug, people. I don't need Biden to forgive the whole loan, although I may look into forgiveness... But if he would just stop the interest, we'd all be better off. 

My 15 year old, who just started his sophomore year of high school 2 weeks ago, woke me up this morning not feeling well. I had one last at-home Covid test, so we took it... and it was positive immediately. So there's that.

Hoping to get some house DIY done this weekend... we will see! Smile

2 Responses to “This payday came quickly”

  1. Lots of ideas Says:

    I think the Student Loan announcement will come once the Inflation Reduction Act passes both the Senate and the House and is signed into law.

    It makes sense to hold onto what you would pay until the decision is announced.

  2. rob62521 Says:

    Glad you have the money to pay it if and when you get a bill.

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