I might well have taken off time from working hard this past week and not spent a lot of time doing any hard thinking on much but there is one area where I've decided it's time to change what we've been doing in the past. It began with a plan that fell through...
I was really disappointed this week to find I could not pay off the house insurance in full as I'd thought I'd try to do. Mind you, we've been making monthly payments on that insurance for the 21 years we've been here, so there's no shame in making monthly payments again, but it just seemed to me that paying off the house and car insurances in one swoop would free up a bit of our funds.
Well...It was a nice try on my part. I did save a good bit but not enough to pay it off. I wrangled figures and I simply cannot swing it. At best, I can manage just about half. So I'll make that first payment. It has, however, made me determined to do all I can to front load all those annual fee accounts and set those funds aside in full, immediately. I've thought long and hard about this and how to go about it. I said earlier in the year I'd use overtime, windfalls and holiday pay in smarter ways. It seems to me that tackling those small fees and annual renewal accounts first with those monies and having it all set aside is a good way to do that. I can put them in a separate savings account meant just for that purpose.
Well...It was a nice try on my part. I did save a good bit but not enough to pay it off. I wrangled figures and I simply cannot swing it. At best, I can manage just about half. So I'll make that first payment. It has, however, made me determined to do all I can to front load all those annual fee accounts and set those funds aside in full, immediately. I've thought long and hard about this and how to go about it. I said earlier in the year I'd use overtime, windfalls and holiday pay in smarter ways. It seems to me that tackling those small fees and annual renewal accounts first with those monies and having it all set aside is a good way to do that. I can put them in a separate savings account meant just for that purpose.