Monday, March 1, 2021

Pot Of Possibilities - February 2021

February was a fast month! I feel like I just did a POP report. ☺

Since last month, I have changed how I drop cash into our YNAB (You Need A Budget). I have a post on that here. As a result, I have an nearly fixed amount that I drop into the Pot of Possibilities on each pay period. The extra funds noted below come at the end of each pay period. We spent less in our variable expenses budget during both pay periods! I'm not sure this will always be the case, but it's worth celebrating this month!

2/1 Pay $1,031.23
Extra funds $339.85
2/15 Pay $916.97
Extra funds $57.26    
FNBO Interest $12.04
NFCU Interest $65.10
American Express rewards $47.82
US Bank rewards $3.50
USAA rewards $3.11
eBay sale $21.62

February Total $2,498.50
YTD POP Total $6,461.98

POP Total $98,549.35

Getting close to the first $100K! I expect next month we will meet and exceed this milestone. 

On February 16, I transferred the POP balance of cash in our checking account to an interest bearing savings account. The balance was $6220.20. I plan to move money every month usually after the 15th, so it can earn some interest, even if a very little. 

Another great savings month! 

No comments:

Post a Comment

I'd love to hear what you think! Thank you for keeping your comments relevant, friendly and clean.