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I Don't Get It

April 15th, 2017 at 10:16 pm

I have never understood why it is that when you sign up with direct deposit with a new job, the first paycheck doesn't get direct deposited. In this day and age especially of quick electronic transactions, it doesn't make sense to me. Back in the day when this sort of thing was new instead of commonplace and they were still working kinks out it was a bit more understandable, but it should not be an issue anymore.

So while DH will get his first paycheck next week, it will be a paper check he will have to mail home. I was expecting that, though, and did not have any plans budget wise until the following week when he will get the second paycheck direct deposited.

It's going to be very weird going back to an income based budget. It has been 9 months living off of savings, the Christmas bonus, and the income tax return. I'm sure I will get back into the groove and be used to it again in no time, but it'll take some adjusting.

Except for automatic payments from the bank account I have been running everything through the credit card and then taking a chunk out of savings at the start of each month and paying it off. Watching the balance on the card made me more careful while savings was dwindling. I hope I maintain some of that carefulness as we go back to the previous method of doing things.

I have a feeling I'm going to want to spend freely when income starts rolling in again, and that is not something I want to have happen. We can't afford to do that if we want to get our goals accomplished, especially a 12 month Emergency Fund.

I'm not sure how fast that will happen, but it was certainly proven to us that $20,000 is not enough for a family of four when there is a prolonged job loss and you have to pay for your own insurance. My ultimate goal there is $72,000. That would give us $6000 per month to live on and pay for insurance. It took 10 years to get it to $20K the first time. I need it to get there sooner than that. It is just going to be hard figuring out how.

In other news, I missed my blogoversary. It was April 9th, 11 years and over 77.6 million hits ago that I started this blog. Seems like forever and just yesterday all at the same time.

6 Responses to “I Don't Get It”

  1. Carol Says:

    Happy blogoversary!

  2. Bluebird Says:

    Happy Blogoversary!!!

  3. Dido Says:

    Congrats on the Blogoversary! There are a lot of us here who joined in 2006!

  4. rob62521 Says:

    Happy blogoversary!

    I don't get it either why in the age of technology we live in, the first check can't be direct deposited either. Weird!

  5. snafu Says:

    I don't know banking access at 'Slope,' but if DH gets a cheque and has retained any access to a financial institution or the bank he used in previous employment, he can deposit the cheque via his phone [photo front and back] and transfer sums to your account with a few computer clicks [presuming he has his laptop/tablet functioning. Let the technology serve you since you cannot control the system used by DH's employer.

  6. FrugalTexan75 Says:

    Happy 11th blogaversary!

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