I’ve had this list made for a few days but this is the beautiful morning that my bank balance showed almost five figures.
I’m not gonna lie, I’m giddy.
Here’s how we spent it:
Rent until lease renews in November: $6725
Car Payoff: $1871
Emergency Fund: $625 (to get it back near $1000)
Have you ever seen $9221 spent so fast? Yeah, me neither.
I guess I could have spent it on clothes, jewelry, and video games but where’s the fun in that?
We owe the state of Indiana $101 so I’ll pay that off with the next side job payment.
There were so many other things I could have spent it on but paying the rent in a chunk is the most stress-reducing decision I’ve ever made. Getting rid of that car payment will free up $500 a month to go toward debt and rent savings (for the other three months of rent I pay in November!)
In case you were wondering Chase QuickPay™ will only let you send payments of up to $2,000. I just tried to use it to pay my rent and Chase was all, “No, thank you.” I guess it makes sense but I was hoping to get this money out of my account ASAP.
Looking at such a big number makes me fidgety. Not because I’m going to spend it and really, now that I’m using the budget program (I use YNAB) I only really look at the bank account to reconcile so it’s not a big deal. I still want that check cashed, though.
Happy Taxmas. I hope your tax season is wonderful and that you don’t owe. If you do owe, I hope it’s because you made enough money you can afford your rent or mortgage on a monthly basis!
Now it’s time to tackle the Macy’s credit card (interest-free mattress purchase … life changing) and then the two regular credit cards. With no car payment we are going to push to see how fast we can make them disappear!
I try not to get jealous when I see people getting big refunds and spending them on cool stuff. I want cool stuff just like anyone else…I don’t fault people for choosing cool stuff over boring bill paying, either. It’s not easy to always stay on the straight and narrow budgeting path. In fact, it’s really difficult and I have mad respect for people who even try to budget and keep their finances under control.
Have a great rest of the week!