That was fast - its already open!

@911Ricki (13602)
Canada
May 25, 2012 9:00am CST
I logged into my bank account and my account is already open and ready. I put in $100.00 for this month into savings (May), then $380.00 to go towards the government (since they like my money so much). Come June, I will throw in another $100.00 of my pay, and my $720.00 cheque from my one job (for the government). After that I will owe about $900 to the government, and Ill be broke :(. I have enough to pay my bills and have $275 left over but I will have to buy cat food by then and other items, and gas depending on my hours of work, and petsitting.
1 person likes this
10 responses
@roberten (3131)
• United States
2 Jun 12
I am impressed by you budget. You are showing great responsibility and maturity for such a young person. Your government will be pleased.
@ryanong (9694)
• Vietnam
26 May 12
Ahh, too much money go towards the government...but at least you still have enough money to pay for your living. Try to save more as you can...this month, i can't save any money because i had to spend money for something that is not in my plan at all.
• Philippines
26 May 12
Congratulations on opening a bank account. While it is sad that you'll owe big money to the government, at least you have some to pay for those which needs to be paid. Not everyone can afford to do that. Other people have less than what you have. And it seems to me that you are doing great with your budgeting, so keep it up.
@peavey (16866)
• United States
25 May 12
Sounds like you're doing pretty good with it. At least you have it planned out and know what you are going to do and how to make it work. You might have a tough time for a little while, but once it's over, it will seem worth it. Your $275 ought to last out if you're careful.
@cher913 (25890)
• Canada
25 May 12
ah, the joys of living in Canada. fortunately, hubby and i get enough taxes taken off through the year so we don't get such a shock like you have had. can you take off the taxes now when you get paid? banks open accounts quick because they want your money!!
• United States
25 May 12
You are doing amazingly! So they don't take taxes out if your pay for you? It seems that you pay a lot to the government. It's good though that you are able to live below your means so you can save.
@freqspaz (220)
• United States
25 May 12
I know what it's like to owe the government, be proud that you are getting it all paid off, I have it figured that I will be 102 years old before I pay off my two federal student loans, if I keep paying at the rate which I am paying (the only rate I can afford.) And they keep adding fees and interest!!! I swear government sets it up so that a person, once in debt will forever be in debt, like it does them any good. On the bright side, once it's paid off it's done and then you can use that money for the things you need right?
• Canada
25 May 12
You sound like me budgeting my money I was looking at everyone's food yesterday and was alarmed to realize everyone will be running out the same week usually I have it staggered so it's not all at once needless to say I went out yesterday and bought the chicken food, pig food and lizard food yesterday even though they weren't empty yet so now I will only ly have to get dog food cat food and cat litter next pay daythank god for budgets and waking up today to find the government gave me $60 for some reason I don't know I like when they give me money rather then take it
@much2say (40477)
• United States
25 May 12
As they say, money talks!! It seems like when it's about money going in to an institution, they hussle to get money in asap . . . but with money going out they tend to take their own sweet time. Yep, life seems to be a never ending cycle of those wonderful bills . . . but it's good you seem to be on top of it!
@Cutie18f (9563)
• Philippines
25 May 12
Opening a bank account shouldn't take long, most especially if it's a savings account. After all, it is you who is putting in the money.