Right now my finances are on cruise control, moving along at a steady slightly-above-the-speed-limit pace. My paychecks go to two banks, the right saving amounts go to the right account, bills are drafted each month like clockwork, and even my spending is under control with little scrutiny. I don’t have to micromanage it all like I did for my last job. This is a good thing, but I do feel disconnected and less motivated sometimes. I’m not less motivated, but it just feels that way. I was so hard-core about paying off my debt, but that intensity just isn’t the same for my savings.
Because all this is automatic, last night I was looking through all of my accounts and realized that I am way closer than I realized in completing my emergency fund. After this month’s paycheck contributions and the security deposit from my former landlord, I have a total of $7,525! Unless something unexpected happens, I should have a fully-funded emergency account by December.
Personal finance can be really boring and monotonous at times, but the thought that in four months I will have $10,000 of liquid assets sitting in my bank account earning 1.5% interest… well, that is just plain awesome. :)