Tuesday, February 19, 2008

I am currently looking through the 140th (can you believe it's been THAT many!) Carnival of Personal Finance here this morning. It's nice to see a larger imput from Canadaian PF bloggers around, because, as much as a lot of the basic topics such as money, savings, etc are universal, things like investing and retirement are now. I don't know what half of the jargon that us Canadain folk use - let alone the American stuff! It's nice to be able to read through some things that actually make sense to me. Head on over and check it out - it's a great summary of some of the best articles each week!

I also was reading We Need to be Debt-Free's post on Patience. You can find it here. It really got me thinking. I am also not very patient. I know that. I check my ING Savings balances on a daily basis, just in case the interest has gone up. I know it won't go up until the end of the month. But I still check daily.

I play around with Excel and online calculators to see how my savings goals are progressing. I tinker, change font sizes, placement, anything to make myself feel as though I'm progressing. I am very pleased in the progression that I have made, I just wish it came faster. I hate waiting.

I need to learn how to take it one day at a time and just reeeelaaaax. Ahhhhh..

K, at her other job, gets paid on the 1st of the month, every month. I think that at the beginning that might be harder, but at the same time, I think i'd really like that. Right now, after realizing that I was getting dinged for withdrawl fees everytime I transfered money from TD to ING Direct, I am currently waiting for my other two paycheques this month before depositing the remaining money into my savings account. If it got a lump-sum paycheque at the beginning of the month, I could plop all my savings away right at the beginning, then use the remaining money for budgeting. That way, when I was out of money, I was out.

This way, it's a little bit frustrating, I am constantly allocating part of each paycheque to each fund and keeping meticulous notes about how much money I put where and when. It can be kind of a pain in the tushy. Plus, for my office job, I get paid the 2nd last business day of the month. Technically that paycheque falls, let's say, in February, however, by then, it's practically March. Throws me for a loop sometimes.