Turning Over A New Financial Leaf
Well, I finally did it. I filled out the paperwork to start contributions to my 401(K). I have no idea why I waited this long. I've been eligible to start contributions since January of this year... and I just kept putting it off. :(
My company does a $0.50 contribution match for every $1.00 that I contribute (up to 5% of my salary). So here's the breakdown:
My 401(K) contribution: $96
My company's match contribution: $48
Total Contribution to 401(K) per pay period: $144
Which works out to $288/month or $3456/year. I think.
Yikes, I feel like such a grown-up. But I'm liking the matching contribution thingie - that means $48 free money every month.
Next on my list is:
Fund my Citibank e-savings account w/$100 - I already received a $15 bonus from Cash Duck for opening the account.
Open an ING account - get $25 bonus.
Open a Sharebuilder account - get $50 bonus from Sharebuilder AND $30 bonus from Cash Duck!
I love free money. :)
