Omlette fromage.

Wow, didn’t expect to wake up this morning to a personal attack

I forgot to pay my credit card last month.

I didn’t think of it. I have money, I just forgot to transfer it. Kind of annoying you have to go in to the app and push the buttons to put money you have into the account with money you owe.

No.

Maybe yours is out of the ordinary but banks usually have an auto pay option for credit cards.

I have three banks, two do, this one doesn’t.

I’ve been told the reason they don’t is they have a “pay later” feature and autopay would pay those off before their schedule (I.e. interest payments)

Well that is dumb.

And they just want that sweet, sweet fee income from late fees.

It's my emotional comfort buffer. Leave it alone.

I'm pretty frugal, over analyze every damn purchase into decision paralysis and never actually click order. As a result I have a healthy savings account... Which I should be investing, but yeah, decision paralysis.

It helps that I like vintage junk like Soviet camera lenses and watches that cost 1/10th of the new stuff so it doesn't really hurt my wallet when I do get impulsive. Still agonize over those purchases though.

There's also Bill Pay, which has existed since at least 1996.

I used to have bill pay send a payment to everyone twice a month, for half that months bill. Then it was never late.

Which I should be investing, but yeah, decision paralysis.

Yeah..... Our system actively punishes people who keep their money out of the market. It's nice to have a little emergency fund in savings just so you don't have to liquidate investments in case of unexpected needs, but besides that you're taking a pretty big loss by just letting it sit in your savings account.

From 2015 to 2026 the dollar lost about 40% of its buying power, so you're essentially losing about half your savings every ten years by not investing it. And it looks like that inflation is probably going to get worse every year for the foreseeable future.

3.98$ I'm rollin' in it lads

Put at least some of this into index stocks

No. My cat's chemo and radiation treatment costs are on those cards and I can't stand to look at it right now.

He should be getting interest about equal to inflation though.

Keep like six to twelve months expenses in cash for emergencies/economic layoffs etc. up to you if you have kids you probably want the twelve if you're a single person six is probably plenty. Then with that peace of mind put the rest in sp500 index and let it ride

Nah. I've been working on paying off my second mortgage by saving up the money to pay off my second mortgage, and I have like $7,000 left to go.

But I'm not cashing it all in the instant I get it just in case I lose my job so that I have a fallback. I would rather have money in the bank and a second mortgage than no second mortgage and be broke.

If I can make it to the end of the year without getting fired, then second mortgage will be done, and I will have a fallback amount of money to cover my expenses for several months, and my cost of living will drop precipitously, to the point where I could live off of minimum wage and a roommate.

*look what rent has done

I wish... The average savings account is only .39% APY. High yield savings account can yield around 4%, but there's usually a minimum balance requirement, can often be harder to liquidate, and the interest is considered taxable income.

It's actually looking pretty good, I'm no longer the one paying rent 🐎

Which one?

Because frankly, I don't trust either of them to be good with money :b

My current ADHD obsession is doing my finances. I've been tracking my income and expenses daily to see what I'm spending on, that requires me to see my statements daily.