Assets are all of my cash resources that I have. Right now, this is just my checking account. I used to have a Savings account, but with my $2,000 asset limit, and the fact that my income is almost half of that, there made no sense to have a savings account when keeping all of my money in one account just made more sense. With that said, I have one checking account.
This checking account is intended to pay for my rent, internet, and what’s left allows me to address my credit card(s). There will be times where I will be in debt. This is because of any major purchase has to be done with a credit card since I can’t save up for anything that is significant. With that said, I make efforts to pay at least twice the minimum balance. This means if a minimum balance is $25, then I will want to pay at least $50. No matter what, all of my credit cards has a minimum payment scheduled for paying my cards.
If you wish to give me money, the easiest way is to go to https://www.paypal.com/paypalme/FrankPilone. This is a PayPal site, and any money added to that site will go to pay my PayPal credit card first, then what’s left goes to my checking account. This is what makes the most financial sense. If I was to have cash, it would either be kept on my person, or I will go to a CVS Pharmacy not in Target to make a deposit at the manned register.