So I'm managing twenty-two accounts.
My goal for November is to increase our net worth by $1957.43 USD (not including gold and house). This is easiest done by first reducing liabilities by that much, then increasing returns on accounts (less money in low interest accounts, more money in high interest accounts), and lastly making the most of employer matching.
We do not have dependent care savings accounts to fund anymore, so that should free up some taxable money. Husband vows to put 15% in his 401(k). I suggested:
$4.00/week allowance for my six-year-old
(heartily approved by six-year-old)
I will suggest, in descending order of importance:
$225/paycheque-or-bonus for HELOC payment.
$150/week Roth IRA 2007 contribution for me
$375/week CDs ($1500 per month) for emergency fund
$125/week Roth IRA 2007 contribution for spouse
$120/week contribution to my personal savings account (for funding taxable accounts)
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Anticipated bonuses: $3300 this month.
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We'll give that a whirl and see what November 30 has to give us. I expect less income this coming month on account of half-days and one full day off school this coming month. I'll bring my child with me on banking activities as he seems to be on a monetary kick.
Accounting for November
October 31st, 2007 at 10:29 am
