So, I am making an adjustment for how much I am going to pay my citi loans each month. Instead of $800 I am only going to do $500. This way I can take that extra $300 and put it towards savings. The reason for this is so I can save $2,000 for my "future fund" by mid January.
Here is the breakdown of how I plan to do it:
mid Oct. Starting Balance: $100
Oct. 31st: 25+100=125
Nov. 4th paycheck: 300+125=425
Nov. 30th: 25+ 425=450
Dec. 2nd paycheck: 300+450=750
Dec. 30th (extra) paycheck: 800+750=1550
Dec. 31st: 25+1550=1575
Jan. 13th paycheck: 300+1575=1875
*Need to save an extra $125 in addition to everything above.
1875+125=$2000
Thursday, October 15, 2009
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