Progress Notes · Fearless & Funded

Progress Notes

Hi everyone! I've been quiet but still paying attention to the conversations. You've all motivated me to take steps and not stop. I usually stop, so I know this community is helping me. Thank you!

I've paid off my credit card debt with the help of a family member.
My donations to family members have decreased drastically, so now I can save more. They've agreed to make more sacrifices.
I signed up with an online bank and now I direct deposit 95% of my paycheck to a money market account with 3 high yield savings accounts. I Zelle money to my savings accounts for bills, emergency savings, and investing. The other 5% of my check goes to my brick and mortar bank that has a debit card. I use the debit card for food and gas. It feels great not using a credit card!
From the money that's sent to my online bank account, I calculated that I would allocate 65% to bills, 25% to investments, and 10% to savings. I'd like to invest for income and fund a Roth IRA.
I'll open a Roth Account and make catch-up contributions in the amount of $667/month. I hope to buy on a biweekly schedule when I'm paid. I don't know what to buy yet.
I opened a Schwab checking account and will fund it through Zelle. I'm not really sure if that was necessary but at the time it seemed right.
I'm currently reading Activate Your Money by Janine Firpo. It's also helping me learn and stay motivated.