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I, J. Money, only claim the thoughts from my head. I am NOT a professional finance'er, banker, CPA, or anything of that sort. Please seek a professional for any "real" advice. For more info, please check out my disclosure page. That is all - enjoy!

Thursday, June 26, 2008

USAA Now shares 2nd place in our wedding Bank Battle!

That's right, miraculously we're STILL getting wedding checks sent our way :) I guess that "1 year to give a gift" rule is pretty common these days. Not that i really care one way or the other, i just find it pretty funny. This rule doesn't apply to birthdays, graduation,or Christmas so why weddings?

I asked a couple friends but no luck, they all came back pretty much with "i dunno, it's just the way it is". Okay, so let's just say that's the deal. Why do it though? I mean, it takes a lot of time to make arrangements to go to the wedding, get a hotel (if needed), and schedule your family's life around it cuz of the time it consumes, so the present part should be the easy part, right?

The only thing i can think of is that perhaps it just gets forgotten w/ all this other stuff going on. Or it's just laziness :) I've never sent a late gift myself, but if i did it would totally come down to the lazy factor. But enough of this talk, my word vomit is going wayyyy off track now.

The reason for this post is to give an update on our newest check contenders in our Bank Battle! So here they are:
  • USAA moves up a notch to 2nd place with a $200'er (holler)
  • Commerce Bank brings in another $50.00
  • And PNC makes it a 3-way tie for first, w/ another respectable $100.00!
Ooh, and i almost forgot about the BEST gift ever! A $500 Savings Bond :) Similar to the others in my safe, it's a "Patriot Bond" (EE) worth $250 at the present time, which will work it's way up over the years. I love it! (For more info on bonds, check out the snazzy Treasurydirect.gov site.)

There's just something about those little guys that bring absolute joy to my life. I think it's the whole "you can watch me grow, but you can't spend me!" thing. Fine by me, my other bonds will now have an extra friend to play with. No shame in that game!

So there you have it, our old cash gift total worked it's way up from $6,000 to $6,350, and USAA is battling Navy Federal for the 2nd place title...will it end here? Only time, and laziness, will tell ;)

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Friday, June 13, 2008

Wachovia, Bank of America, & PNC are really that popular?

POOP! What about my USAA? According to all of the wedding checks we got from our friends and family, it only ranks in 5th place :( Turns out most of them prefer Wachovia, Bank of America, and PNC. Oh well, at least we got some extra $$$ to help start our married lives, right?!

This is decidedly a GOOD thing, as our wedding budget had finally burst at the seams, and it's now time to clean it all up ;)

So, being the big dork that i am, i took some time to sort through all of our cash gifts and analyzed the bajesus out of 'em. It's just sooo fun, i love it! Plus, what else do i have to do on Friday the 13th? haha... Chew on these fancy facts:

After counting it all up, we were given a total of about $6,000 $6,350!
- $700 of them were pure cashy cash
- $5,300 $5,650 of them were old fashioned checks.

Here are how the amounts broke down:
- $1,000 was the biggest gift (holler)
- $40 was the smallest gift
- $138 was the average gift

And these are the banks the checks came from (most popular to least):
- 5 @ Wachovia Bank
- 5 @ Bank of America
- 4 5@ PNC Bank
- 3 @ Navy Federal Credit Union
- 2 3 @ USAA Federal Savings Bank (the best e-v-e-r!)
- 2 @ Citibank
- 1 2 @ Commerce Bank
- 1 @ Chase
- 1 @ BB&T
- 1 @ SunTrust
- 1 @ Hudson United Bank
- 1 @ Harleysville National Bank
- 1 @ Bank Fund Staff Federal Credit Union

Wasn't that fun? No? Well you are just too cool aren't ya ;) I certainly enjoyed breaking it all down - especially when it came to banking. There are so many options out there, i wonder what made them choose their specific one. I actually thought we'd have more "military" related banks than the 5 we did (USAA & Navy Federal), so that was interesting.

All i know is, as soon as these bad boys clear (i like to use that term "bad boys" don't i?) we're paying off each and every credit card, and throwing the rest in our House Savings! Bow chicka wa wa!

*Updated: 6-20-08

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