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$5K surplus (not really)

January 15th, 2016 at 01:58 pm

This morning as I checked for payroll deposits I was surprised to see an additional $5K in my account. I quickly checked my pay stub and I see that I received a $5K stipend that it is clearly not mine. I contacted the payroll department and they said they would look into it and get back to me. Any corrections will be done for the next pay period. I, of course, will not touch that money because I am certain that I will have to give it back, but man, it was like hitting the lottery. You know what I can do with that kind of money? It would go straight to savings if it was rightfully mine. Smile

I made the regular deposits to the savings and paid some bills. I have $500 left until next pay period. Next month is a tight month because we have to pay property taxes. I was thinking the other day how much it stinks to have a paid for home but still have to come up with $700 every month to pay taxes. I just have to discipline myself to put away the $700 each month instead of having to come up with the money in one shot.

On another note, I've been feeling pretty run down lately and afflicted with a pesky cold. As a result, I've not cooked for the last two days and I'm afraid that if I keep this up it will be a budget buster. I'm staying home this weekend and try to get better. Monday I have to report to work but there will be no students, just teachers. Hopefully, I will feel better by Monday.

That's it for today! I hope you all have a great weekend.

10 Responses to “$5K surplus (not really)”

  1. creditcardfree Says:

    Oh, that would be really nice to have when you aren't expecting it!

    Lots of rest and fluids!!

  2. VS_ozgirl Says:

    How often do things like this happen?? You're very smart to not touch it, that would create unnecessary problems. I'm always amazed how high your property taxes are over there. $700 per month? We pay $400 council rates per quarter. Council rates are taxes we are required to pay the council in our area for rubbish services, road upkeep and other things in the community.

  3. Petunia 100 Says:

    What a pleasant surprise that must have been, until you realized there was some sort of mistake. Kudos to you for being so honest.

  4. Jenn Says:

    Your property taxes seem high to me too - almost double what ours are.

    It's too bad interest rates are so low. Otherwise you could earn SOMETHING just from holding that money for a month. Ah well, at least there's a zero chance you'll accidentally overdraw your checking account this month...

  5. creditcardfree Says:

    Not all taxes are that high in the US. Thank goodness!

  6. crazyliblady Says:

    Can you appeal the property tax?

  7. FrugalTexan75 Says:

    Hope you feel better soon!

  8. snafu Says:

    Hope you're feeling better. I find a crock pot is my best appliance if I'm sick. I can pitch in pretty much anything at hand with 4 C liquid and spices ending up with soup or stew that waits for me, soothing my throat and encouraging relaxation.

  9. CB in the City Says:

    VS, my property taxes were $1700 last year, which would be less than $150 a month. Tax rates vary a lot throughout the U.S.

  10. Mrs. Frugalista Says:

    Our property taxes are $8400.00 a year. Frown I live in New Jersey, a high cost of living state and I also live in a county considered to be one of the most affluent in the nation. Yet, I believe we are just working middle class (whatever that means).

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