Checking In With My Savings Plan: October Edition

In October, I received $11,774.81 in freelance payments. Here’s what I put in my sub-savings accounts:

Taxes got 25 percent, or $2,945.70.

Savings got 10 percent, or $1,178.28.

(Both sub-savings accounts somehow ended up $3 over their actual percentages this month, which… I’m fine with. I’m not going to waste two my six allotted savings-to-checking transfers to get $6 back into my checking account.)

Debt got nothing, but I did pay off the last $762.54 on my credit cards, which means I am finally debt-free.

I Am Debt Free

This also left $6,888.29 for my checking account, which is currently showing a balance of $5,017.02. (Some of this checking account money is likely to go into a retirement investment vehicle either this month or before the end of the year.)

It feels bizarre to have money left over. I should just state that outright. I vacillate between feeling comfortable and secure and feeling like this will be, like, a year-long blip that will never, ever happen again.

But for now, I’m really happy with my financial situation.

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