Home > Payday!


September 16th, 2016 at 01:38 am

For a brief moment in time, we have zero charges on any of our credit cards! I paid them all off yesterday. There were no pending charges and we haven't used them since. That feels pretty good. We rarely have more than $1000 in charges at any one time, and we always pay them off before any interest would accrue. Technically, we pay them off twice a month when we are paid. Easy!

We put $1100 into savings. I need to build that back up after paying tuition earlier in the month. I also funded car repairs, auto insurance/registration, birthday and Christmas gift categories. Oh and set aside another $200 for plane tickets. We tend to do most of our savings in the second half of the month.

I also paid our vehicle registrations. The cost has dropped about $100 since last year since our vehicles are getting older. I think we will be at the current rate one more year and then the fee to register is just $50 each per year. Some advantages to older vehicles! I should recalculate how much I set aside to pay this each month to account for the difference.

2 Responses to “Payday!”

  1. Jenn Says:

    Fantastic savings rate!

    I also pay off CCs every month, but they've been high the past few months, not leaving much for my extra savings goals. I'm trying to do a better job scrutinizing each card swipe and tracking totals daily.

  2. FrugalTexan75 Says:

    I always pay the statement balance on my credit cards, but rarely get them to zero. I know I have the money to pay them to zero if I need to, but hate to not have it in the bank earning a little interest. DH would say (sarcastically) - Oooh! You earned an extra $.40! Smile I say, Yep, $.40 closer to wherever that amount is put! Big Grin

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