Thursday, September 14, 2017

Bank Balaces

It’s been a long time since I’ve written a post like this… if ever.

We have accounts at three different banks, though we only really use two of them, and we have multiple accounts at each bank.

BANK 1: $26,940.02
                Checking: 127.57
                Savings: $26,061.61
                The Boy’s: $350.67
                The Girl’s: $400.17

BANK 2: $735.26
                Checking: $108.97
                Savings: $626.15

BANK 3: $26.27
                Checking: $1.27
                Savings: $25.00

Looking at those balances, our situation doesn’t look too dire; however, when you factor in debts like our credit card, car loan, and house payment, I see a wholly different picture!

I do think it’s a good idea to get a picture of where all our money is and how much we have. Our debt progress is always better when we are on top of our finances, both coming in and going out.

We also have several retirement accounts. I have a pension and a 403(b) account and The Husband has a 401(k). We contribute monthly to all of these. As of this year, The Husband will be maxed out on his contributions and we will start increasing my contributions until they, too, are maxed out.

We are not looking at our net worth, but at our available funds.

It’s good to know how much we have and where it is!

Just like I do posts on where our envelope money is and where our debt is, I want to (occasionally) do posts on the money we actually have!


How about you? Do you know where your money is?

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