My current balance is $325.01. Essentially all of my expenses are set up to be automatically paid by credit card, and I've adjusted the payment dates to be the 1st of the month - that's when my pension comes in and SS come in just before it (on the 4th Wed -1 day). From the previous month's bills, I know exactly how much I'll need on 9/01. I just transfer enough from my brokerage account to cover any shortfall, and move out anything that would be extra. One nice feature at Fidelity (vs. Vanguard) is that you can schedule transfers in advance. Generally, I don't have to touch the account more than once a month - after the next round of bills come in.
Right now, everything is already in place through 9/16, when I need to make an estimated tax payment for the state. (It will go on credit card, but can't be scheduled in advance. Federal can be scheduled from your bank account.)
Right now, everything is already in place through 9/16, when I need to make an estimated tax payment for the state. (It will go on credit card, but can't be scheduled in advance. Federal can be scheduled from your bank account.)
Statistics: Posted by UNCHEEL — Sun Aug 11, 2024 3:29 pm — Replies 60 — Views 5048