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May 5th-A Week in Review

May 5th, 2007 at 06:02 am

I received my state refund yesterday. This money will be earmarked for my 2007 IRA contribution. It will sit in my WAMU account earning 5% until next year and then April 2008 it will go to the IRA. This refund will not be added to the 20.00 savings since it is already earmarked but I will put the interest earned after the year is up into the 20.00 challenge. I saved 100% of my paycheck this week. I am doing fairly well in reaching my goals. I hope to be right on target by the end of this year. The only place I did not put any money into was the savings bonds. I don't think I will until they offer a better return. I ususally by I bonds but I do have some EE bonds. Right now the savings account is at %5 and I am happy with that. There is an online bank which I read in a post by my money that is offering 6%. I don't have that much money held in my savings for one extra percentage to make any difference to me. If I have mega bucks then it would.

I have only one CC right now that is carrying a balance at 0% for 875.00. I didn't even list it on the side b/c I will being paying it off in full by the end of this month.

I bought a bike yesterday. It is my attempt at decreasing the amount of fuel I use going to the local stores to pick up things on a daily basis. I plan on putting several baskets on the bike so that I may ride up to the local food stores and CVS. I could also ride into town which is only a few miles away. The gas prices are up to 3.25 and the summer is only a few weeks away. I do beleive that gas will be 4.00 by June or towards the end of June. Not only am I attempting to save on fuel but also help the enviroment and my health.

I had to bring my dog into the vet on Tuesday. She was vomitting alot and on the last episode she vomitted blood . I really got scared and rushed her to the vet.. They didn't know what was wrong with her so they sent me over to the emergency center, where they examined her and took blood from her. They didn't have a diagnosis for her and told me to take her home and observe her and if she continued to vomit to bring her back and they would do an ultra sound on her. She didn't vomit again. Thankfully, I didn't have to bring her back. I got the bill from both vets. yesterday, 500.00. I couldn't believe how expensive it was. I am so happy nothing is wrong with her and that she is back to her old self. But WOW it costs more to take care of the dog than myself???

5 Responses to “May 5th-A Week in Review”

  1. homebody Says:

    Okay I have to ask, why don't you just put the money in your IRA now? Is it a Roth because you are losing a year of earnings on that money that would be tax free if it is. If it is a traditional I guess it doesn't matter....

    I have a bike, I just need a lock, but I have considered the same thing. I live in a small town and the store is actually within walking distance. I like to take my dogs to the dog park, but I actually have one of those child carrier things that hook to the back of your bike I could use and probably will if gas keeps going up.

    Hugs to your doggy!

  2. robex Says:

    I'm glad your dog seems to be better. I hope it's nothing serious.

    I want a new bike, too. We do live close enough to all the shopping that I can walk...most places are about 3-6 blocks, but I love bike riding!

  3. moneycents Says:

    Hi Homebody,
    With regards to my Roth, it is a traditional. I don't qualify for a Roth at this time. My IRA has its ups and downs with the stock marlet. I figure if I leave the money in my savings I am guaranteed the 5% no matter what the market brings. I plan on transfering the fund in 2010 and 2011 to a Roth IRA. From what I hear they will be lifting income restrictions and will be making it easier to transfer from a traditiona IRA to Roth IRA.

    I bought a lock and chain combo from Walmart yesterday and it only cost 1.75. It isn't really heavy duty but I don't think I will need anything stronger.

    Thanks for the get well hugs for my doggie. She is actually doing much better.
    Lorie

  4. moneycents Says:

    Hi Robex,
    Thanks for the get well wishes for my doggie. She is doing much better and I didn't have to bring her in for the ultrasound.

    I bought my bike from Target. It is a pink cruiser. It is their breast cancer awareness bike and some of the proceeds go to the Susan G. foundation for breast cancer. I felt good about the purchase. I have been enjoying riding it in the evennings after dinner. I have to get a couple of baskets for it so that I may take it to the sores.

  5. homebody Says:

    Ahh, you are right about the stock market right now!

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