Looking to the upcoming month, I've got some financial housekeeping to complete.
-Increase monthly savings by $50. (increase of $25 per paycheck)
-Receive tuition reimbursement (hopefully in May sometime!) and deposit into savings
-Reach $10,000 savings goal by end of May, and start new savings goal of additional $10,000 by December 2012. Yes, my goals are very exciting (not!)
I don't have any more concrete goals besides just building up the cash- the future is sort of up in the air as far as where we will be living, that sort of thing. If we stay in this area, I guess I'll just keep saving according to plan. If we move in a year, well, the money will come in handy when it comes time to either purchase somewhere else, float me while I look for work, or any emergencies. Or I could just use all of this savings for retirement. I do contribute to retirement through a tax deferred plan as well as an employer paid retirement plan, but it doesn't seem like there is much money in it. I have to add up the total amount of the accounts, but it is a paltry sum compared to the million or so I will need to retire!
I will need to decide where to keep this cash once I make my May goal. The rest of my long-term savings is in a taxable investment account. I hate just piling it up in a savings account, but I'm also a bit leery about putting most of my savings into the investment account. I sure know how to complicate things!
May financial housekeeping
April 28th, 2012 at 01:00 pm