UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: southwesternfool Two stars, 250 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 309316  
Subject: April Update Date: 4/26/2003 1:43 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 10
Greetings,

Here is my previous update (March).

http://boards.fool.com/Message.asp?mid=18784400

This is my April update.

The following was done this month.

1. Contributed to 6% to 401k this Month.
2. Contributed 10% of gross income to church this month.
3. Federal Taxes Paid.
3. Earned $25 Cash Reward this month.
4. Adhering to Spending Plan (I now use the cash reward credit card statement that I pay off each month and my credit union account to monitor my budget). Here is the new spending plan not including Tithe:

Rent and Utilities $ 640
Cable/Land Line/Cell phone $ 65
Gas $ 70
Groceries $ 150
Miscellaneous $ 180
Laundry/Cleaners $ 30

Total $1130

*Of course some of the Miscellaneous and Telecom items could be cut if unemployed.

I am still trying to achieve the following:

1. Develop an e-fund that will cover six months of expenses.
2. Start funding 2003 IRA monthly.

Well, here are the Statistics:
 
Order Creditor Balance Interest Rate


1 Chase Card $ 5280.00 0.00% (Until 1/2004)
2 Citibank #2 $ 3800.00 0.00% (Until 1/2004)
3 Citibank #1 $ 0.00 3.90% (Until 4/2003)
4 Discover $ 0.00 1.90% (Until 5/2003)
5 MBNA $ 0.00 14.99%
6 Quicken $ 0.00 12.15%
7 TDW $ 0.00 7.70%
8 Credit Union $ 0.00 12.99%
9 First USA* $ 0.00 0.00% (Until 5/2003)

       
Total Balance: $ 9080.00

* Balance not shown. This card is used for most expenses, earns cash rewards but gets paid off completely each month.

E-Fund
        
ING Direct: $ 2000.00 2.25%

$ 1130.00 is one month of expenses.

Freedom Accounts
         
ING Direct: $ 200.00 2.25%

I fully funded the 2002 IRA on April 15, 2003. The Funds
Were sent to a brokerage account in an Index Mutual Fund.


Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
Post of the Day:
Macro Economics

Right to Work vs. Unions
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement