Welcome to my account page for our Car Expenses saving account. My goal with this account, is to plump it up and keep on going. Things happen with cars, whether it’s an accident or something needing to be replaced or fixed.
Instead of using money from our Emergency Fund, I’d like to plan a bit better and have a separate account for car expenses. Also, eventually one day, we’ll need to replace our car. If we do really great with saving money in this account, then maybe we could pay cash for our next car.
Update: Right now, we’re using this account (and the money already in it) to save and pay cash for a car.
Account Details:
Where’s the money:
360 Savings from Capital One 360. No fees, no minimums, and no need to change banks.
Sub-account:
Car Expenses (learn to create sub-accounts with Capital One 360)
Daily transfers set-up:
$2.00 (learn how to set-up daily transfer with Capital One 360)
Date | Notes |
– |
+ |
Balance |
1/8/2012 | creation of account | $0.00 | ||
1/23/2012 | deposit | $1,000 | $1,000 | |
1/25/2012 | borrow 4 FinCon12 | $450 | $550 | |
1/31/2012 | January interest | $0.26 | $550.26 | |
2/14/2012 | replacing borrowed | $25.00 | $575.26 | |
2/23/2012 | replace from RISE | $200.00 | $757.26 | |
2/29/2012 | February interest | $0.34 | $757.60 | |
3/31/2012 | March interest | $0.52 | $758.12 | |
4/30/2012 | April interest | $0.51 | $758.63 | |
5/31/2012 | May interest | $0.52 | $759.15 | |
6/30/2012 | June interest | $0.51 | $759.66 | |
7/3/2012 | deposit | $90.34 | $850.00 | |
7/12/2012 | transfer leftovers | $105.82 | $955.82 | |
7/13/2012 | deposit | $75.00 | $1,030.82 | |
7/29/2012 | reconciling | $18.01 | $1,048.83 | |
7/31/2012 | July interest | $0.63 | $1,049.46 | |
8/31/2012 | August interest | $0.61 | $1,050.07 | |
9/30/2012 | September interest | $0.69 | $1,050.76 | |
10/31/2012 | October interest | $0.68 | $1,051.44 | |
11/30/2012 | November interest | $0.59 | $1,052.03 | |
Dec. | 1 daily transfer | $2.00 | $1,054.03 | |
12/31/2012 | December interest | $0.60 | $1,054.63 | |
Jan. | 23 daily transfers | $46.00 | $1,100.63 | |
1/2/2013 | bonus check | $461.94 | $1,562.57 | |
1/8/2013 | xmas money | $350.00 | $1,912.57 | |
1/14/2013 | leftovers | $30.98 | $1,943.55 | |
1/28/2013 | 100% over root income | $3.54 | $1,947.09 | |
1/31/2013 | January interest | $1.14 | $1,948.23 | |
Feb. | auto transfers | $60.00 | $2,008.23 | |
2/11/2013 | housewarming $ | $1,000.00 | $3,008.23 | |
2/28/2013 | tax refunds | $3,465.00 | $6,743.23 | |
2/28/2013 | February interest | $1.57 | $6,748.80 |