Thursday, January 22, 2009

The extra paycheck months

If you are like wife and me and get paid every two weeks, well you relish the two months where three paychecks land. This year January is one of them.

When applying the wiseness and/or wisdom of following a monthly budget, these extra paycheck months add some cushion to your funds. My plan is to try and save a little extra by padding my IRA contribution for 2008. Also letting me buy down my dollar cost average in my index fund.

I believe the other special month this year is August. I will check.

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