has begun in earnest. I received my paycheck stub earlier (which had no pay), and I just doubled checked my 401(k) website and saw that my full contribution has gone through.
I did not do 100% however. I rolled it back down to about 80%, because I think it'll make me feel better knowing that enough money is going to make sure that my insurance is paid. I assume that it is even if I did 100% and my paycheck stub seems to confirm it, but I still want to play it safe.... Besides, 80% is plenty anyways.
As for my budget, well, I admit it's slightly unnerving seeing my emergency fund dip in noticeable chunks at a time. I mean, I know it's temporary, and I can also stop this anytime I want. But, I guess it's just the psychological mindset of it all. It's amazing how when you get used to a certain level of funds as backup, you no longer see it as some kind of "free extra money" but more like "necessary survival money". Kinda funny like that eh?
The 401(k) challenge...
January 19th, 2009 at 02:04 am
January 19th, 2009 at 02:46 am 1232333204
January 19th, 2009 at 03:05 am 1232334306
January 19th, 2009 at 03:15 am 1232334900
But then again, when else would someone be doing what I am doing, except when transitioning from one 401(k) to another?
January 19th, 2009 at 02:37 pm 1232375832
No other reason to do it unless you knew you were quitting and wanted to max out.
January 19th, 2009 at 06:02 pm 1232388143