Money Management: PT Money

by Jason Unger

It’s week 3 of our series of Money Management by Personal Finance Bloggers, and today we’re talking to PT Money of the blog of the same name.

Previous interviews: Moolanomy, No Debt Plan, ToughMoneyLove and Gen X Finance.

How do you spend: cash, debit or credit?
I use my debit card most of the time. For bigger purchases or for travel I will use my credit card. I do this is to get the points. I don’t really carry cash. Although, I sometimes wish I did. I think it might make me spend less.

Do you bank online? How about use a financial aggregator (Mint, Wesabe, Yodlee, etc.)?
I bank online with Bank of America My Access and ING Direct’s Electric Orange account. I use Quicken Online occasionally to see everything all in one spot.

What recurring bills do you have set on autopay?
I have my mortgage, HOA, auto loan, cell phone, gas, and insurance set up automatically (to either withdraw or autopay). The other bill companies either won’t allow me, or they are so infrequent I’d want to pay them myself online.

How are your finances automated?
My retirement savings and company stock plan are automated. Then, everything goes to my ING checking account where it’s then split into different short term savings accounts by goal (new house, vacation). The bills are then autopaid, and the rest is mine to spend.

Do you write checks? If so, how often?
I write probably 3 checks a month. But they are for one-offs. Not recurring or expected expenses.

Where do you stash your short-term savings?
I have it in multiple ING DIRECT Orange Savings Accounts.

Want to find out more about PT Money? Check him out at, follow him on Twitter @ptmoney and subscribe to his RSS feed.

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