One of my goals this month (and actually the only financial goals) is to figure out what to do with my savings.
My primary goal had been to save $6000 for potential tuition, and I made it !
So now what to do with the $700/month I was using to contribute to this goal.
I’m still a bit unsure about my life, but in less an a week (EEEKK!) I will hopefully know if I got into school or not. But this whole year has basically been waiting for this, so I figure let’s make two plans depending on what happens with school.
Plan #1. Don’t get into school
Split the $700: put $200 extra a month to my student loan and save $500 a month.
I’m not sure what the next big savings goal will be, but I’ll start at this split because I know I need to put more towards my student loan. Doing this from May-August would result in an extra $800 put towards my student loan and would edge me towards my original plan to put $400/month to student loans this whole year. This may be the start of me actually throwing a bunch of money at the loan instead of hording money in my savings account.
Plan #2: Get into school (?!?!)
Poop my pants.
Restrain myself from buying everything in sight and going on a world tour.
But then probably just continue to put that $700 into savings to try to bolster a large amount for school costs.