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Artificially Inflated Savings

August 30th, 2013 at 04:59 pm

I received pretty much all of the large reimbursements from my job for our recent medical expenses to the tune of around $7,000. I cashed and deposited them a couple days ago. We are just waiting for about $800 more as I grouped a bunch of smaller ones together. I should receive them this week.

All of them are split between two new cards to receive a total of $900 in sign-up bonuses. The statements will close mid-late September and won't be due until early-mid October. I will keep the money in the savings account as long as possible to to gain the pesky interest.

We received our third paychecks this month today, so, $2,000 to the EF as well, but the account shows $15,000+ and there is a CC payment due mid-September that will be paid in full on my Chase Freedom account. I will probably use a statement credit for the current points worth around $35.

It would be nice if all the $15,000 was 'ours' as that would be $2,000 from a fully funded 6 month EF, or the auto loan would no longer exist! Haha!

At least the EF is now $8,000!

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