I went by the office where my mother works to get a quote on short-term health insurance. I'm covered under my father's group plan until I graduate, and I'll be covered through my employer in the fall, but I need to figure out what I'm going to do about this summer. COBRA seems awfully expensive so I'm pretty sure I'll opt for an individual short-term high deductible policy instead. Do you have any great suggestions for where to research my options or caveats I should be aware of?
After that I headed to the bank. Like Ms. Miniducky, A, and many other bloggers, I've been toying with the idea of moving some money into I Bonds since interest rates keep dropping and inflation seems likely to rise. I purchased one paper $50 I Bond in 2005, and I don't see a lot of benefits to messing with the hassles of getting set up for Treasury Direct when a ten minute visit to my bank will accomplish the same thing. I know I could have earned slightly more interest by waiting until the end of the month to transfer the money out of savings, but since I don't expect to touch this money for several years unless I'm faced with a dire emergency, I went ahead and ordered another $2,000 worth of I Bonds today.
Somehow doing all this makes me feel very grown-up, which I suppose I sort of am now. Many kids in my small town went out and bought cigarettes on their eighteenth birthdays, even the non-smokers, just to revel in their newfound privilege. I cashed out my custodial savings account and got a checking account and a certificate of deposit in my own name instead. (I was very disappointed that everyone who could drive me to the county office was busy and I had to wait until a few days later to register to vote as well.) In my mind it was always a given that becoming an adult meant planning for the future and managing money to the best of your ability. (Thanks, Mom and Dad.)