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Pay Day and Tax returns

February 27th, 2017 at 04:22 pm

It's pay day tomorrow and I'll be making a deposit to our savings account. This deposit will help us meet a savings goal four months ahead of schedule. Feeling excited and grateful. I've already worked on what the next goal should be in order to keep on track.

Today was also a good "mail" day. We received the yearly Costco Cash reward in the amount of $86 and a $25 Chili's gift card and a $10 Dunkin' Donuts from our Chase Freedom credit card rewards.

It looks like we will owe the State of New Jersey close to $350 but our Feds refund will be $3700. The plan is to put the money in our savings.

Please keep a family we know in your prayers as they lost their 21 year old son in a car accident.

2 Responses to “Pay Day and Tax returns”

  1. snafu Says:

    So sad for a family to lose a 21 y/o son. Prayers for strength and reaching acceptance offered.

    Kudos to you for being ahead of schedule on your savings goal. Does COSTCO rebate go to state tax or savings? Is there anything way you can lower your Federal tax deduction so that you retain $370. per month to allocate to your goals for the next 10 months? I think government spends too much taxpayer dollars foolishly so I do my best to have my quarterly instalment reflect taxable income as closely as possible. It means I owe each April but not as much as to kick in a penalty.

  2. rob62521 Says:

    How sad for your family you know. Never easy to lose someone, but doubly so when it is a child.

    Great job on being ahead of your savings goals.

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