Recently relocated to Tampa FL and getting my life on track. Here's some changes I'm making that are working out well:
**CREATING HIDDEN MONEY**
- Deposits to my bank account are rounded down to the next $5 increment (i.e. deposit $714 and record it as $710)
- Charges from my account are rounded up to the next $5 increment (i.e. pay $11 for something, record as $15)
**CREATING FREE MONEY**
My credit union offers 2.5% interest on checking account balances provided I
So I will setup my bank card to fill my SunPass for tolls in $10 increments, allowing me to cover most of the monthly charges I need to meet to earn 2.5% on my bank account.
Then I'll use my Cap One card for the bulk of my monthly expenses (groceries, gas, etc) and pay it off each month. This nets me 1.5% cashback each month on most of my expenses, and keeps my "real" money in my bank account longer earning 2.5% interest.
**POKAAAAAH**
And of course I'm beating up on the blue hairs in the limit Omaha hi/lo cash games each weekend at the Seminole Hard Rock Tampa, which is 15 minutes from home. Adding some supplemental income to boot.
**PAY DAT DEBT!*
Going to focus money on paying down the highest interest debts first (goal is to pay my wifes credit card off over the next 6 months, then redirect that money towards the next highest interest and so forth and so on)
**BUY SHIT ON SALE**
When shopping for groceries will be looking to buy stuff on sale in bulk rather than just buying when we run out of something. A bigger initial hit when stocking up, but presents longer-term savings.
The gnu will be debt free and living a much easier life, take that lack of financial planning education in public schools!
**CREATING HIDDEN MONEY**
- Deposits to my bank account are rounded down to the next $5 increment (i.e. deposit $714 and record it as $710)
- Charges from my account are rounded up to the next $5 increment (i.e. pay $11 for something, record as $15)
**CREATING FREE MONEY**
My credit union offers 2.5% interest on checking account balances provided I
- Have direct deposit
- Make 12 charges/month with my bank card
- Use electronic statements
So I will setup my bank card to fill my SunPass for tolls in $10 increments, allowing me to cover most of the monthly charges I need to meet to earn 2.5% on my bank account.
Then I'll use my Cap One card for the bulk of my monthly expenses (groceries, gas, etc) and pay it off each month. This nets me 1.5% cashback each month on most of my expenses, and keeps my "real" money in my bank account longer earning 2.5% interest.
**POKAAAAAH**
And of course I'm beating up on the blue hairs in the limit Omaha hi/lo cash games each weekend at the Seminole Hard Rock Tampa, which is 15 minutes from home. Adding some supplemental income to boot.
**PAY DAT DEBT!*
Going to focus money on paying down the highest interest debts first (goal is to pay my wifes credit card off over the next 6 months, then redirect that money towards the next highest interest and so forth and so on)
**BUY SHIT ON SALE**
When shopping for groceries will be looking to buy stuff on sale in bulk rather than just buying when we run out of something. A bigger initial hit when stocking up, but presents longer-term savings.
The gnu will be debt free and living a much easier life, take that lack of financial planning education in public schools!
