We haven’t done one of these “Tell me how to spend my money” things in a while. I had actually completely forgotten all about it, thankfully my insurance renewal came in the mail to remind me. Just like with the first of these, I have extra money leftover after I pay our car insurance in full for the next 6 months.
Saving money for our car insurance using daily transfers is SO easy, it would also be easy for me to adjust the amount we’re saving. But that wouldn’t be much fun, in terms of these posts—well I have fun with it.
So far, not counting this one, readers have voted on what I should do with a total of $275.00 over the 4 previous posts. After this one, it’ll be over $350.00. Please leave your vote in the comments section and just 1 vote per person—keeps things simple. You can choose for me to use it all toward one option or split it up between 2 or more, here we go:
How much we’re working with here: $80.40
Option 2: Betterment.com Account
Current balance: $128.15
Associated goals or other info: This isn’t counting my separate goal with them that I put money from my RISE plan into, this is just the same money that I haven’t contributed to for months.
Option 3: Emergency Fund <—– Winner (100%)
Current balance: $1,724.96
Associated goals or other info: Balance to $2,000 (2012 goals)
Option 4: Travel Fund
Current balance: $125.74
Associated goals or other info: Separate from Europe trip, going to FinCon12 this year and will need money for cab fare, food, etc.
Option 5: Household
Current balance: n/a
Associated goals or other info: I’ve been needing to replace a few things around the house, but I haven’t been able to afford it yet.
***You can vote from now until Thursday, April 26th & I’ll apply the money to it the next day (on the 27th). Happy voting.