Wednesday, August 12, 2009
Emergency fund refund and the Freedom Account
A week of vacation went by so fast and it really just meant working with a different window view as I worked the same hours but more on the morning job.
I had to do mayor car repairs and registration for the other car and unfortunately I had to dip into my emergency fund. So in order to re-fund it, I increase my automatic deposit into that account from 1000 lps to 1500lps.
Also this week i'm going to open my freedom account , which should be the one to have the money for the non-monthly expenses that I should know about. I'll start it off with 500lps and try to put 500lps into it every quincena.
I had a couple of tough love comments saying that I should face reality and put all my debts in one page, and keep track of my spending. Well I guess i needed that. I've opened a simple spreadsheet and the first credit card bill that came this month is already posted there and I will keep putting the others up as they arrive. As I'm covering for a coworker right now I can't go out to get some of the info I need to write it down faster (i'm writing this between tasks and calls).
I think I do need to write my debt down to make sure i'm actually moving forward to reducing it. I know that it's not increasing but on my HSBC card I'm not sure i'm reducing it as I would imagine.
Thanks for reading!
Posted by AJ at 5:05 PM