A Note on Bonus money

Dec 14, 2007 00:38

This is one of the better times of year for me, as I get a lot of money in the form of tips and Christmas gifts.  In fact, I have at this point garnered a little over $400 dollars in "extra" cash.

The dilemma that comes now is what to do with this extra money.

First and foremost, I had a look at my current bills.  The move left me a bit behind on a few things, so I have put the extra money towards catching up, so I don't have to worry.  This took up about $100 dollars of my "extra" so far.

I also wanted to spend a little bit on myself, and splurge just a bit, so I bought a couple of things solely for myself.

The rest, I am putting towards an emergency fund, something I have never had in my life, but would have come in handy so many times.

Once I have built up enough savings to cover 6 months of bills, I will feel a good deal better about my current situation.

This is slightly out of order, as I SHOULD put the money immediately towards my emergency fund, but we all need to have a little splurge every once in a while, so I don't feel too bad.

So, to recap:

Extra money I'm getting goes to:

1) Current Bills, if unpaid or late
2) Emergency fund
3) a little bit of fun.

unexpected income, priorities

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