I have been so busy lately I haven't had time to blog.
We are moving officially into our apartment tomorrow! I'm so excited! We have already moved many things into the apartment but still have a lot left! I say this a lot, but I am constantly surprised by how much stuff I have. I've given a lot to Goodwill. I'll probably be dropping off more stuff later.
For the first time ever, I had to pay a fee at my bank. I completely forgot that there is a limit to how many withdraws you can have a month from your savings account. I kind of went over. By a lot. I'm not going to ask the bank to reverse the fee as it was my fault I went over my limit.
Which brings me to the main point of this post... would it be a good idea to keep a higher amount in checking to prevent another excess use fee? I think keeping a $1,000 in checking would be a good idea. At the beginning of each month I would make sure there is $1,000 in the checking. Then that money will be used for rent and bills and groceries throughout the month. My checking does earn interest, just not as much as my savings. Would this be a good idea?
I better get back to the laundry... I still have several loads to do before we move.
Quick post
July 25th, 2009 at 05:24 pm
July 25th, 2009 at 06:46 pm 1248547600
July 25th, 2009 at 07:47 pm 1248551256
July 25th, 2009 at 10:00 pm 1248559208
when it was just my own account, i used to leave around $300 in there as a buffer every week - i would send an amount each week to my 'bills' account, pay rent, withdraw some cash for coffees with friends and send the rest to savings. but when it's two people it's different - $1000 is a good amount, and the interest would only be a few dollars anyway. maybe later you can re-evaluate and say to each other 'we've had no problems with $1000, maybe we could take it down to $750?'