Wednesday, April 11, 2012

Skipping to the Bank! And a look ahead.

Today is payday, so off to the bank I go.  This is going to sound so silly, but today, I can't wait!  I will go after I pick up the kids, so it will be about 3:30pm by the time I get there.  And here I am....counting down the hours.

I have many things to accomplish at the bank today:

The Basic Stuff
  1. The obvious....deposit my paycheck!
  2. Withdraw (or technically, subtract from my paycheck in cash) money towards our EF (remember, we do $25 a week, but I am a little behind, so I need to get some extra)
  3. Get money for the kids lunches for next week (my new cash system is working wonderfully!!)
The Bigger Stuff
  1. Notarize our loan papers
  2. Notarize papers for "found" money that the state has been holding for us for TEN years and we just found (no idea how much this is...the site won't tell us that.  It could be $5 for all we know.)
The Kid Stuff
  1. Get Lollipop
  2. Get info about opening savings accounts for them
  3. See what we can do about Sassy's ripped money

Once we have money in the account again, I can pay the bills that I have been itching to pay.  None of them are terribly exciting....electric, phone.  Next week will be much more exciting.  Two credit card bills, dentist, car....those actually effect the bottom line.

The loan papers will get submitted tomorrow (after G-man has his part notarized), and we are hoping that it will fund within a week.  But until then, we will keep going, business as usual.  Depending on when it actually funds will determine final payouts.  There is a chance that there may be a little CC debt left from residual interest, but that would get paid off in the next paycheck.

We should get our tax return soon, and be able to work on the repairs on Bossy's room.

G-man has ALOT of overtime this month, that will go into our overtime account, to be withdrawn at the end of June towards "something."  As it stands now, April will bring about 20 hours of overtime.  With May and June to come, we are hopeful that the overtime account will be plump, and I would love to make a big, fat payment to something.  I am thinking if it we can make an extra $1,000 payment somewhere, anything left over in the account can go towards the repairs needed for the deck.  Since we already know of 20 hours of OT, with 2 more months to go, plus anything that changes with me....I think it is a do-able goal.

Only 6.5 hrs to go until I hit the bank!!!

ETA:  All missions accomplished!  

11 comments:

  1. Are you going to close your credit cards? You're paying them off, but you're actually just changing lenders, right?

    ReplyDelete
    Replies
    1. Essentially, yes...we are just changing lenders. The new loan was just enough to cover the current balances, so the overall big number really won't change. The new loan is for 4 years, and then it is gone.

      No we aren't closing the accounts, for several reasons. Longevity of the accounts, don't want to take the hit on our credit score (and yes, I realize that will be a sticking point for some...but on the chance we have the opportunity to move, we want to be mortgage worthy), and my parents' failing health (emergency flights).

      Delete
    2. We did the same thing, as you may remember - but we borrowed from a relative. I think leaving the accounts open is a good idea so that your credit score will remain good - or get even better.

      Delete
  2. I can't believe you still have to go and deposit a check, Bank of America would charge me if I go up to the teller, if I need to do any deposits I have to use the ATM or be charged a fee.

    I like direct deposit better, the money is there by midnight on pay day.

    HS

    ReplyDelete
    Replies
    1. I don't have a direct deposit option at work. My boss won't pay for it. So we all get a paper check. Heck, until last year....we got a hand written check!

      I am not charged for going up to the teller. If I was, then I would have to go to the ATM, but this way....I get my "change" back in the denominations I want (great for the kids' lunch money!)

      Delete
    2. Oh yea, I forget you need quarters LOL

      HS

      Delete
  3. So glad the cash system is working so well for you. I can't imagine having to pay to deposit a cheque at my own bank. I LOVE the visual of a plump bank account :-)

    ReplyDelete
    Replies
    1. I love the visual of the plump account too. But alas, this is how it goes.

      The cash system has worked well, now that I figured out that I have to give them exact change. The staff NEVER give you change. So if I owe $7.75 and send in $8.00...I can just kiss that $0.25 goodbye.

      Delete
  4. I wish my husband could get overtime. I am overtime to him. I hate it sometimes. It just isn't fair!

    ReplyDelete
    Replies
    1. Most of my jobs in the past 10 years were "salaried," so no overtime. And trust me...there were weeks that I put in 60+ hrs.

      Overtime was a sticking point for us as a couple for awhile. Until I showed him what the money could do.

      I am sorry, Kim!!!

      Delete
  5. Congrat's on all the OT! That's awesome for you guys!! :) I *may* have a nice little money surprise to share tomorrow, but i'm waiting to see what hubbys paycheck looks like first!!

    ReplyDelete