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Home > After one year, its time to DRIP it.

After one year, its time to DRIP it.

April 7th, 2012 at 02:32 am

On the way home tonight I realized its now been over a year using the Magicjack for my phone service, saving me a little over $200 for the past year on phone charges. The last time I made that type of an ongoing savings (dropping my unneeded trash pickup a number of years ago...) I decided I needed to start investing the saved money.

Now with the phone savings, I decided its time to add it to the trash pickup savings. Tonight I've changed my monthly DRIP amount to account for the phone savings. It will now be titled the Phone-Trash DRIP account (aka, the PTDRIP). With this extra money, it should start growing at a nice clip.

Also a few days ago I got to see my 457 plan amount cross the $200k barrier, though now its dropped down below it again. Frown

And finally, this is it - the month will be the last payment to wipe out the credit card balance that was used for the car purchase. When that's done, no more debts, unofficial or otherwise.

Now its time to go celebrate, or at least check out this week's yard sales.

Posted in Frugality, Finance | 3 Comments »

3 Responses to “After one year, its time to DRIP it.”

  1. NJDebbie Says:
    April 7th, 2012 at 04:10 pm 1333815052
    1333815052

    You are doing a great job; keep up the good work.

  2. Jerry Says:
    April 21st, 2012 at 10:49 pm 1335048562
    1335048562

    We are living overseas and we really use MagicJack a lot. It leads to major savings and also offers the insurance of clear calls most of the time, unless our internet is acting up. Unfortunately, that can happen pretty frequently in this part of the world.
    Jerry

  3. Jerry Says:
    April 21st, 2012 at 10:51 pm 1335048709
    1335048709

    We are living overseas and we really use MagicJack a lot. It leads to major savings and also offers the insurance of clear calls most of the time, unless our internet is acting up. Unfortunately, that can happen pretty frequently in this part of the world.
    Jerry

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