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bogged down

June 29th, 2009 at 08:47 pm

Saving log - $11 tip box
Spending log - $10 library + $5 large limeade

Looked in my tip box and realized that with all the sadness, I hadn't put anything in. Sigh.

I noticed, along with fern, that I've been bogged down in saving money. I'm putting in the devil's contribution to my 403B ($666.00) every paycheck for the tax deferral. I've already added to my Roth, and now its just the tip box, $125 off the second paycheck of the month, feeding the Drps, and plowing the interest earned already into savings. Maybe about $300/month.

Interest is pretty depressing - I bonds are paying 0% interest, I'm not adding to my position. T-bills are maybe earning a bit more - still less than a dollar on $4K, so again, I'm not adding to my position. All of my savings accounts earn a pitiful amount of interest - the best of them earn about 2.5%. In other words, no account seems to be earning anything worthy of taking the time to put those few bucks into savings.

This recession trying my soul - I'd love to see some investment catch fire, but it looks like I have to make do with knowing that as long as I cover my bases, the next few years will be better.

I also am a bit late in pre-paying the 2Q tax bill (I'm now on the pre-paying quarterly schedule, rather than in April). Since I'm not earning a lot of interest, the tax bill is taking out a huge bite out of savings that I'm not earning back. I'm planning on talking with the tax guy to see if I should even bother paying the next two quarters.

At least I'm still employed - haven't heard anything yet about layoffs.

I stopped by the library to pay off my library fine. I went through my email and caught one from the library asking for donations. I've never seen that before, ever. Turns out that my library fine was $2.10. I gave the librarian a $10 and asked that the difference be considered a donation.

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