About Me

Friday, November 27, 2009

Check This Out

Browsing through some sites the other day I came upon this site talking about unemployment rates in the United States. I'm sure it's similar to Canada's. It's quite interesting to see especially for visual learners :)

In other news, I got paid today yay! It was a good paycheque as I worked almost full-time during that pay period. My next pay day will be quite small as I only got one full day of teaching in the past two weeks, however I did work a day and a half at the local rec centre as well.

I was also reading a lot of blogs yesterday and think that my original goal to payback my family by the end of February may not be the best use of my money especially since they have told me many times that they don't care when I pay them back. I asked them if it was okay if I paid them $3000 by the end of Feb and then the rest in the near future and they said  of course. So I was thinking it would be more beneficial if I started putting at least SOME money into savings, as I have none. By the way have a look at Jason's post here about the difference saving early can make on your retirement. Quite amazing, although so are return interest rates of 10%, but still it gets the point across quite clearly.

I am going to make a 2010 budget plan soon that is going to have to change from my current plan which is basically 80-90% goes toward debt. It was my priority and I'm glad I finished my OSAP that way, but I think now with only my family loan left, that it is important to start saving as well.

1 comment:

  1. I think saving for a EF is a smart idea. cause you never know! especially with our economy nowadays. if you want, you can make small payments to your family but i totally agree that building an emergency fund should be priority. good luck with sorting 2010.