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February Savings

February 29th, 2016 at 02:08 pm

Received $36 bank interest for the month of February.

Snowflakes to Investments:

Redeemed $25 credit card rewards (cash back) from our gas/grocery card.

Redeemed $37 cash back on Citi card.

Redeemed $3 cash back on Visa/dining card.

Other snowflakes to investments:
--$40 Citi Price Rewind
--$ 5 Savings from Target Red Card

Savings (From my paycheck):

+$200 to investments
+$300 to cash
+$900 to IRAs

Savings (From dh's paycheck):
+$355 to Investments

Short-Term Savings (for non-monthly expenses within the year):

+$1,300 to cash
+367 Insurance rebate
-$250 Auto Insurance

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March is a 3 paycheck month for dh and we already have the cash to pay all the bills (February spending) and so I expect we will be able to save $1,500 (his entire paycheck) + the $2,700 I usually save.

This is how I Was expecting to hoard up $10,000 (for car replacement) by May. I am also expecting a $4k overtime check for this tax season, in addition to the above. I will get a lump sum in April. Dh will probably match that with his job, first 5 months of the year. Then he will have summer off and I won't be working OT. So this is peak earning season for us. Taking advantage.

How has it been him working during crazy busy time? Dh working = *shrugs*. It's been really slow and he has had a lot of time off. March and April might be a different story, but it will just fly by. I can't believe it is the end of February already!

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For February, dh's check was so small that I just threw it into investments. I believe it was $160 net. The rest of it went into 401k.

I expect his net to be closer to $700 for March (after 401k), and so will just add his paychecks to savings. I will probably keep throwing that into savings until summer. We have some big expenses coming up.

2 Responses to “February Savings”

  1. VS_ozgirl Says:

    I'm always inspired by how much you guys save!

  2. MonkeyMama Says:

    Thanks VS!

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