I've pretty much decided what to do with the extra money in the savings account. I'm going to buy $500 GICs once a month for every month that I have extra money. I'll start off with one year ones, they'll be laddered monthly, and I'll keep our emergency money and 3 months expenses separate. I do need to run this by Dh, but since he usually leaves all money matters to me, I'm sure he'll be fine with it.
Our financial advisor thinks we should put any extra money we have into RRSPs. I've been reading a lot about people needing less than what they've been told they'll need for retirement. By the time everything kicks in when we're 65, we'll be so used to spending at this level, that we'll never be able to spend it all...well, that might be pushing the envelope a bit!
Things I did to save money today:
1) Put all yesterday's cheques in the bank.
2) Brought breakfast and lunch to work.
3) Took out leftover cooked steak from the freezer and will make a beef stroganoff for dinner.
4) Today was a no spend day, so far.
Made a decison...maybe
January 24th, 2006 at 11:40 pm
January 25th, 2006 at 05:18 pm 1138209522
January 26th, 2006 at 03:15 am 1138245339
January 27th, 2006 at 03:31 pm 1138375904
I think I would rather oversave for retirement then underspend.