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Friday, November 2, 2012

Irregular Income and Automated Payments

Up until now, I had a monthly salary paid the last day of each month and it was pretty easy to automate almost all payments.


Social Security Payment: End of every month
Consultancy Income: Don't know when yet. I must claim expenses and then, bill the company.
Rent Income: Between the 1st and 3rd of each month if the tenant pays on time

Also a friend of mine is paying me back for a trip I had to arrange for her with my credit card. She called me to ask if it would be OK for her to pay on Monday and I agreed since it is not a significant amount. The credit card company divided the whole cost of the trip into five installments so, I had told her to pay in installments too.

I actually do not like it when the credit card company has these promotions where they divide the payments without asking me first.

So, I thought, I would have enough money for the early bills this month, but I think I miscalculated a little bit therefore, I must deposit some cash to my account tomorrow.

I think I must keep extra cash in my account. I really do not like to do that though. I rather like to see my money in my savings account earning interest.

I must get used to paying more attention to my account balances and automated payments from now on.


  1. You are right, it's so important to keep up to date with finances.

    Sft x

  2. I have to laugh because I check my accounts every day to make sure nothing is posting that I forgot about. Not sure I will ever grow out of that