Sexy Budgeting
6 Questions to Financially Get to Know Each Other
1) How do you spend: cash, debit or credit?
I proudly prefer debit card. My Citibanbk Aadvantage Debit Card earns me 1 American Airlines Aadvantage mile for every dollar I spend. I don’t use credit cards.
2) Do you bank online? How about use a financial aggregator?
I love banking online. I budget with Mint.com.
3) What recurring bills do you have set on autopay?
None. Because I am a musician, I have an irregular income. I have a system that reminds me of what bills are do and when. As I build my emergency fund and improve my spending habits, I will begin to make autopayments.
4) How are your finances automated?
First of all, I love the idea of automation in every aspect of life. My financial tasks are automated through my PlanPlus. Tasks and appointments are scheduled to pop up at certain intervals.
5) Do you write checks? If so, how often?
No. I am trying to become as paperless as possible.
6) Where do you stash your short-term savings?
In the savings account connected to my Citibanbk Aadvantage Checking Account.
Your turn! How do you manage your finances?
You seem very disciplined. I am inspired by this.
1) How do you spend: cash, debit or credit?
No credit card for me. I use my debit on occasion, but mostly I use cash.
2) Do you bank online? How about use a financial aggregator?
I do online banking with Bank of America. I use Quicken to aggregate all my accounts.
3) What recurring bills do you have set on autopay?
I use the bill pay function with Bank of America to set up recurring automatic payments. I use it for giving (same organization each payday), sinking funds (car insurance, christmas fund, travel fund, life insurance), rent, cable/internet, tuition, organization dues.
4) How are your finances automated?
All automatic payments are done through bill pay, because I am not a fan of auto debit. Bills due between the 1st & 14th are paid on the 1st and those due between the 15th & last day of the month are paid on the 15th. Yes, some bills get paid early. I have had some due dates moved up so that I don’t have to keep up with too many due dates.
5) Do you write checks? If so, how often?
I use bill pay to send checks to anyone that I owe money to, even if it is a friend. I write paper checks to my car and student loans when i make prinipal only payments. When I am debt free I do not plan on writing checks often.
6) Where do you stash your short-term savings?
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