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