I received my 1st paycheck of 2010 this past week. $50 into my savings account! Hopefully I can keep that up.
If you do the math - I get approximately 26 paychecks a year, 26 x $50 = $1,300. An extra $1,300 saved a year is pretty darn good in my opinion. On months that I'm doing well, I'd like to put that extra money into savings as well. The more the better - you can never be too prepared! This also goes hand in hand with building up my savings to 3 months worth of pay.
What else, what else... I've paid my 1st car payment of 2010. I'd ideally like to pay an even $300 a month, which would help me pay off my car a full 7 months earlier than the loan allows.
It's all about the money, and as that crazy couch jumper would say:
2 comments:
Woot!! Just double check the fine print of you loan - some loans charge you a buttload for paying it off sooner...they like to rpe you on the interest - the sooner you pay it off, the less interest they get.
Already checked - I'm good to go! Thanks though!
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