I got my bonus on Friday, and set up the payment for the WaMu card today ... it's just over $1,600 and I will be thrilled to stamp it "PAID"!! I had intended to put $400 towards the smaller of my two Juniper cards as well, but my bonus wasn't as much as I was expecting because of all the taxes taken out -- 36.55%!!! I have no idea why there was so much taken out for taxes, but I sure didn't expect it to be that much. Well, at least I was able to pay off that stinkin' WaMu card!!
I updated the total and pie chart in my sidebar (the WaMu card will come out of the Feb. total), and I've paid off almost 17% of my CC debt, woo-hoo!! I can hardly wait to see the number after this month ... it will fall below $10,000, YEAH!!!
I hope to see my income tax refund later this coming week, so I can update my savings totals!!
Paid off that stinkin' WaMu card!!
February 1st, 2009 at 11:53 pm
February 1st, 2009 at 11:56 pm 1233532567
February 2nd, 2009 at 12:19 am 1233533958
February 2nd, 2009 at 12:22 am 1233534139
Nice job on the payoff!!
February 2nd, 2009 at 03:18 am 1233544728
February 2nd, 2009 at 03:37 am 1233545843
February 2nd, 2009 at 03:54 am 1233546896
I would imagine the large tax amount is due to the fact that a/the bonus is GENERALLY a YEARLY bonus but it is taxed at whatever pay schedule you are on. (weekly, bi-weekly, semi-monthly, monthly, etc.)
March 7th, 2009 at 08:35 pm 1236458120