Showing posts with label gift fund. Show all posts
Showing posts with label gift fund. Show all posts

I sold those Kid Rock tickets this morning for $50, and promptly put that money into my Gift Fund. I just realized that now I'm going to have to budget for 2 wedding presents this year ... so I'd better get on it. :)

Well, I cleaned out my Gift Fund, and now I'm back to zero. But I don't mind, b/c that's the point of the Gift Fund. Plus, I'm sure that I got J an awesome birthday present. I'd tell you what it is, but I'm not sure if I'll see him before he gets a chance to read my blog. :)

It was our 6 month anniversary yesterday, and it's his birthday today. He wanted to reach the summit on his birthday, so I wonder if that's what he's doing right now!

I decided to open up a savings account for gifts. Just gifts in general - birthdays, anniversaries, weddings, Christmas, etc. Throughout the year, if I see something I think someone would like, I will buy it and save it until their birthday or Christmas ... so by having a savings account set up specifically for this purpose, I won't have to try and rearrange my monthly budget to accommodate these random purchases.

For example, I saw an awesome book I know my sister would LOVE. So I bought it. I probably won't be able to give it to her until Christmas (her birthday was in March), but now I have it. And I won't have to panic around the holiday season, trying to find her the perfect gift. I also have about half of J's birthday present purchased, even though his b-day isn't until June.

So, I've added Gift Fund to my sidebar. I don't really have a target goal, but ideally I'd like around $500 by the time Christmas rolls around. That being said, this fund will always have a revolving balance. I doubt it'll ever just sit with exactly $500 in it, because I'll be spending as I'm saving.

Also, I'm not going to set up an automatic deposit into this account. I'm just going to throw random money in there whenever I feel like it.


 

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