No. of Recommendations: 10

Here is my previous update (March).

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.

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.

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