<< Back to all Blogs
Login or Create your own free blog
Layout:
You are viewing: Main Page
 

Good News

January 16th, 2019 at 06:23 am

Well we got some good news today.

#1 I was able to pay $510 on the credit cards.

#2 I applied for a new 0% interest credit card for 18 months. And was approved for enough to cover the ENTIRE remaining amount we have on two cards now. So woo hoo. We'll be down to one card and have a good long while to pay it off. Still hoping for the end of the year. I will update my balances once the transfer goes through.

#3 We got a letter in the mail that says we were approved for short term disability for husband's month off work! It looks like they have already mailed the check. Although there is a mistake. Originally we had him going back after 3 weeks, but we just got the release for 4 weeks. So the payment is missing a week. We have already submitted the forms with the correct date on them, so if they haven't fixed it in a couple days I will give them a call.

Very thankful for this. It will still be 2 1/2 weeks until he receives his normal paychecks again. But since I've put money back we should be able to pay most of the STD on the credit cards.

Time Off Work

January 9th, 2019 at 06:29 am

My husband saw his surgeon this week and was told he could go back to work in two weeks... So we turned in his work release at his job.

And then his primary doctor said no way, that's not enough time. She wants to extend it another two weeks. Eek. The doctors are meeting today to decide, but fingers crossed he doesn't have to wait another month. Ugh.

We don't want to go back to his boss and tell him that his leave has to extend. Also the disability company is such a major pain. They won't even approved our claim until we have a work release date.

If his time off does get extended that will be 6 weeks off. Yikes. We were originally told 2 weeks, then it was 3, then 4, now possibly 6. This is because his job is so physical. If he had a desk job or could go on light duty he could go back now. Thankfully our church gave us a gift this week which covers a week of bills.

Hoping the doctors agree 4 weeks off is enough, and that the disability comes through.

Mortgage Payment

January 4th, 2019 at 06:37 am

Paid my mortgage today bringing the balance to $114,564.53.

Escrow/EF savings is still automatic so our weekly $75 was deposited. I am thankful that even during tough times I can still continue to save something. Once we are back on track it would be nice to up that weekly deposit to $100. If this ordeal has shown me anything it is that we need a bigger emergency fund.

I found out that I did in fact get the large web design job I was hoping for. I will be paid $2,000 and I was planning on putting that towards animal savings but I'll wait and see how this month goes.

This is the month that I need apply for new 0% credit cards to transfer our balances to. I'll do that as soon as the statement balance hits next week. It would be really nice if I got one card with a high enough limit to put the entire amount on, but I'm guessing it will probably be two cards again. The current cards' promotional rate don't actually expire until March. So I may leave some on there that I am reasonably able pay off before March to avoid the balance transfer fee on as much as possible.

2018 Year End Net Worth

January 2nd, 2019 at 06:45 am

A couple days late, but I wanted to write out all our year end financial numbers.

Cash/Liquid Savings:

$590 Animal Fund
$690 Escrow Fund
$1,000 EF
$1,205 Car Fund

$3,486 Total Liquid Savings

Retirement:

$16,930 DH's 401K
$3,400 DH's IRA
$8,630 My IRA

$28,960 Total Retirement

Liabilities:

-$114,713 Mortgage
-$6,818 Home CC #1
-$5,542 Home CC #2

-$127,073 Total Liabilities / -$12,360 Non-Mortgage Debt

Our retirement accounts actually went down this year despite contributions, due to the bad market.

Our mortgage and debt went way up because of the home remodel.

Goal is to be back to no non-mortgage debt by April 2020. But it would be REALLY amazing to pay off the credits cards by the end of the year... We'll see. It would be tough, especially since we are missing the entire month of January pay from husband.

And Life Laughs...

December 27th, 2018 at 04:24 pm

My last post was about how I felt so financially secure... And then the boom dropped.

My husband had severe stomach pain all day yesterday and finally went to the ER. He had an appendicitis and had to have an emergency appendectomy today... Thankfully we caught it before it ruptured, and the surgery went well. He is very tired and sore but home now resting.

The bad news. He is off work for 3 weeks. Frown Thankfully his work was very nice and understanding. I have already submitted a claim for short term disability which would pay him 70% of his base pay. BUT he has only worked there a little over 3 months so we aren't sure if he qualifies yet. We have to wait a week to receive the packet and then submit more forms, etc. Could be a while before we even know something. I do know he doesn't qualify for FML (you have to work a year). So I am a little scared he could lose his job, although his boss didn't indicate that.


Besides just his normal missing pay, this week was Christmas and he was off 2 days. Which was supposed to be a paid holiday, but per the employee rules you have to work at least one day in the holiday week to get paid. And now since he is off work he won't qualify for Christmas, or New Years either. On top of that he was supposed to be working 12 hour days these two weeks, and also Saturdays. So I don't even want to think about the amount of money we are going to be missing.


Major bummer. I know we will be okay. We always are. But it just stinks that instead of paying a large chunk of debt off, now we are going to be scrambling just to pay our bulls. I am very thankful we are in as good as a position as we are.

Hoping and praying that he doesn't lose his job, and that STD goes through so we can at least squeak by for the next 3 weeks. I would appreciate it if you kept us in your thoughts and prayers. Thanks!

Ready to Relax

December 20th, 2018 at 07:30 am

I've been complaining a lot about stressing and being over busy with web design this month. The good news is that I have hit my monthly hour goal already and still have 11 days in the month left! I've never done that. Honestly it's usually a struggle to hit my goal.

Also I have caught up enough that I am only going to have to work one day next week on web design and the rest of the week I will be able to relax and enjoy family time. Sometimes hard work pays off!

With all this work + my raise I should have over $700 just from my side income to put towards the CC next month. Also husband has a couple hundred ear marked for me from overtime. We might be able to pay $1,000 on the debt in one month! I never thought it would be possible.

My car is fixed, our bills are paid, our savings are on auto pilot, we have increased our EF, we have purchased all our needs... Don't want to jinx it, but right now I am feeling very financially secure. Hope this trend continues into next year!

Another Goal Complete!

December 18th, 2018 at 07:40 am

I had $95 left over from my paycheck today after paying all bills and putting back money for next week's expenses. I sent that extra to the credit cards, which brought my total debt payoff for the year to $5,066!

This completes my 3rd 2018 goal!

That will be the last goal I finish this year. But I am still hoping to send some money to the Roth IRA before the April deadline.

Car Repair

December 14th, 2018 at 11:15 am

My car was done at the mechanic today. It was $130 which I had enough put back for. I just hope this really fixes it. *fingers crossed*

Husband's overtime is still every week. We are going to up the EF and then put some towards the CCs.

Goat is sold and gone.


Web design is still swallowing me. I've been having to play catch up on the weekends and been staying up to about midnight most nights. Both husband and I are worn to a frazzle. Our house is a wreck, and we have been eating a lot of crap food.

I really hope life slows down after the holidays.

CC Payment & Raise

December 7th, 2018 at 07:34 am

I made a $513 payment towards my home CC with my web design check. That brought my balance under the next thousand mark and I am only $29 from completing my payoff goal for the year!

CC balances are $6,922 & $5,637 for a total of $12,559.

Paid the mortgage and the balance is now $114,713.47.

I've been really down this week. With the car problems, major website emergencies, sickness, etc. Just feeling exhausted and want to hide and forget about my responsibilities. Husband is feeling it too. We had about a million things to do this weekend and he just found out he has to work 12 hour days. We are both just wiped.

BUT I was surprised that in my web design check I got a $5 a hour raise across the board. Before I was getting paid two different rates depending on the job, if I was working through the company or freelance, etc. Now I am going to be making the same on everything. That will be so much simpler to keep track of and also the extra money is nice.

Kitty is still at the vet and I'm told she did fine. I get to pick her up when I get off work. I'm so excited. I can't believe how empty the house felt without her, even for one day. She brings such joy to our life.

I have another goat sold next week, but I need to get some vet care done on my horse so it comes out to a wash.

Cars & Cats

December 5th, 2018 at 06:52 am

All bills and personal credit cards are paid, money is put back for this week's normal expenditures, and I have $7 left!

Bad news is that the new car battery did NOT fix my car like expected which means it has a much more expensive problem than we thought. I could not start it at all today and had to take my husband's car to work. Ugh. Looks like it will be going in the shop.

Also my kitten is getting fixed tomorrow, so I will need to come up with the money for that. That will be no problem when I get paid on Monday. I am really worried for her though, she had a terrible reaction to her first set of shots and almost died. We have no idea how she will do with the rabies vaccine and/or anesthesia. So I'm nervous. I will discuss my concerns with the vet before surgery.

I received an even better offer for the credit card I was planning on transferring our big balances to in January. Last month the offer was 14 months interest free, they sent me a new one for 18 months interest free. We will definitely still try to pay the balance within 14 months or sooner, but it's nice to have a bit more wiggle room.

Web design is overflowing right now. But so much so that it is stressing me out. Hoping I get the time to sit down and work a lot of hours to cut down on some of the projects hanging over my head. The income will certainly be nice!

Crossing Off Goals

November 28th, 2018 at 07:09 am

I have all my Christmas shopping done!

Husband's 401K is successfully moved over into one account now. Yay. One less thing to worry about.

My bathroom mirror also finally got fixed at the welder after a couple months, so I am calling the addition officially done! Well sort of. We still have closet doors and some trim in the hallway to do, but our master suite is finished which is good enough for me. Another goal off our list.

I am only $542 short of my debt payoff goal for the year. It looks like I will right around that for my November Web Design income so I should be able to complete this goal no problem!! Also husband is going to start contributing overtime money towards the debt as well, so that will help us jumps start the 2019 goals.

I finally caved and bought a car battery. Mine has needed replaced for several months now but I just kept jumping it to delay spending the money. On cyber Monday the auto shop was having 25% off online, but I talked them into accepting it in store too, so I got my battery about $35 off.

My goats are going to be picked up this weekend and I will make about $500. I am about done selling goats for the year and I am happy that I was able to thin my herd some before winter. I would like to sell about 4 more but it's not critical.

Early Black Friday Shopping

November 21st, 2018 at 10:00 am

We have quite a shopping list this year. As per usual I always purchase everything possible online. Usually the deals start days before Thanksgiving.

So far we have already purchased a tool set and a new tv and mount. Today I just purchased both my parent's Christmas presents. Just waiting on husband's gifts to go on sale tomorrow and I will purchase them as well.

We still like to go Black Friday shopping at the stores but since all our "needs" are already done it is much more fun to look for smaller items like clothes, household supplies, towels, etc, without worrying about fighting other people for the big items like electronics. It makes for a more relaxing experience and there are some great deals on things you wouldn't normally consider on Black Friday.

I sold some goats and was able to add $250 to the animal fund. Have a couple more sale pending as well but it will be a few weeks before payment/pick up.

Hope everyone has a happy Thanksgiving!

2019 Goals

November 14th, 2018 at 08:01 am

I have been thinking a lot about what I want to accomplish financially in 2019. I think 2019 will bring a lot of life changes, and our main goal overall is to put ourselves in a more comfortable living position.

Now that we aren't scrapping by, we want to save and pay off debt. We want to get ahead and improve our future.

Starting in March we will have to start paying our own health insurance which is going to add about $200 a month to our budget. Ew.

My goals do not fit into our budget on paper, but I am hopeful that with husband's overtime money we will be able to accomplish at least some/most of them.

1.) Save $1,000 in HSA
Since we will have to start paying our own insurance and it's a high deductible we need to begin putting back money in the HSA.

2.) Pay off $7,500 in Debt
Our stretch goal, but a necessary evil if we want to pay off the credit cards before they start to accrue interest.

3.) Add $1,000 in Car Fund
An easier goal since we automatically save for this each paycheck. Our cars are currently hanging in there, but I know it's only a matter of time before we will need to purchase a new one.

4.)Save $1,500 for Vacation
We had to skip a vacation this year due to husband's job change, so we are definitely going to take one next year. Planning for Yellowstone again, which last time cost us right around $1,500.

Save $4,500 in Animal Fund
Another stretch goal, but very doable if I put back all the goat money I get. This amount would pay for all animal related expenses for an entire year.

All this totals $14,500. Or over $1,200 a month. It's going to be tough but I think it's best to push yourself and aim for the stars.


I paid all my bills today including my annual home insurance premium. It feels good! My web design check came and I was able to pay off all my personal credit cards, and I actually have about $30 left over that is just siting in my account waiting for me to earmark it. Probably towards Christmas presents or a new car battery. I'm still YNABing faithfully and it is so nice to see GREEN.

Vacation Time & Overtime

November 13th, 2018 at 08:28 am

I made a happy oopsie. I totally forgot my job upped my vacation time to 60 hours this year. Which is quite a bit since I only work 15 hours a week.

Well I thought I was about out of vacation time so I double checked how much I had left and was pleasantly surprised to see I have 35 hours left. Since I have to use it by the end of the year and have no vacations planned I am just going to cash out 5 hours a week until the end of the year. That extra money will help me buy Christmas presents and get ahead.

Husband worked 12 hour days all this week including the weekend. Whew. He sure is tired but the extra money is certainly welcome.

I am down to only $16 left floating on my CC. So on Monday I will be able to pay that off and all expenses from here on out will have cash in the bank to cover everything put on the CCs. Woo hoo!

Goat show went well. We made about $1,000 but it cost $700 in expenses. We also had car troubles and had to get towed and go to a mechanic. Ugh. But I was able to keep my half. So I made $150 + $50 from the sale of my goat (after purchasing another cheaper one). So I came home with $200. Not sure yet where I am going to put this. Probably just send it to the animal fund.

Husband wants me to get that fund up to $4,500 (a year's worth of animal expenses) so I can stop using part of my weekly paycheck for animal food. We'll see.

Friday Payday

November 2nd, 2018 at 06:57 am

Husband's payday is today. I put back money for all the bills and paid my mortgage. My balance is down to $114,861.80. Which means we have paid down into the next thousand barrier.

In another week we will have enough money saved to pay completely for our annual house insurance. I didn't think we would be able to save $1,300 in only a few months but we did it! I have the deposit on auto-pay so by this time next year at the current schedule we should have about $2,000 extra saved for our emergency fund on top of having enough for taxes and insurance.

In the spring we will also begin saving in an HSA. I will be okay with this saving rate for the time being and the rest of our extra funds will be allocated towards paying down the CCs. I have a crazy goal in my head of having them paid off by April 2020. That would be about $740 a month which is pretty unrealistic currently. BUT I am hoping we will be able to throw a couple big chunks at them from either overtime or side projects. So we'll see.

The goat show is quickly approaching. I have a goat sold at the show which is awesome since I am also picking up a goat a bought. Oops. I will still make about $100 off the the sale. Hoping I win lots of money at the show.

Farther Behind

October 31st, 2018 at 07:51 am

Sadly my CC floating went from -$55 to $-150. Dog food was on sale so I bought 3 bags rather than my normal 1. And I found the perfect sweater for our annual Christmas sweater contest and it was 60% off so I went ahead and bought it. Oops. Oh well. I'll catch up eventually. lol.

We ended up going out to a very fancy Italian restaurant for our anniversary. It was very fun to "play rich" for an evening.

It appears like husband will be working 12 hour days next week and probably the weekend as well. Whew. Poor guy. But that will give us all the money for black Friday shopping and most of our Christmas presents.

November has an "extra" paycheck week so I am going to use that to put towards the home CCs. I am hoping that I will be able to make my goal as long as I can get enough web design work by the end of the year.

Overtime

October 16th, 2018 at 10:16 am

Husband had to work last weekend and it looks like he might be working this weekend too.

Stinks to goes weeks without a day off, but the money sure will be nice! We estimate he will make about $400 for each weekend he works.

He might be working our anniversary weekend as well. So rather than staying a night out we may just dress up and go out to a fancy dinner. Will have to wait and see.

Overtime money will be nice to buy some wants and for saving for Christmas. Hoping I can talk husband into using some to pay down debt as well.

I am doing well with budgeting. Only $55 more and I will not be floating anything on credit cards, I will have the cash put aside in my account to pay every expenditure as it posts. I am being faithful with YNAB and am tracking everyday.

I've started doing some of the outdoor projects that need done before winter. I was hoping for a couple months of mild weather but we jumped from 90+ straight into the 30s and 40s. Yikes! I hope it goes back up and we get a fall. I'm not ready for winter yet.

Web Design Checks

October 9th, 2018 at 06:33 am

I received 3 web design checks this week. Allowing me to put $462 towards the biggest home credit card. That brings the total down to $7,683!

Most people suggest to pay off the smallest balance first but I would like to get both accounts under $6k so I can easily balance transfer them next year to new 0% interest cards. I am guessing it will take two more years to pay them off, but who knows. Anything can happen. Perhaps husband will get a ton of overtime allowing us to speed up the pay down.

I need to pay $962 more this year to meet my 2018 debt goal. Or $481 for the next two months. Web design has really slowed up right now, so I am a bit doubtful that I will be able to make it... Although it looks like I might have two goats sold, so if I chose to apply some of that income towards the debt I could make it work. I will just have to wait and see how the rest of the year goes.

I am having a horrible time figuring out switching husband's old 401K to his new one. They are both at Vanguard, but the old employer is going to have to write a check from vanguard back to vanguard? I don't get it. Seems stupid.

Payday

October 5th, 2018 at 05:45 am

Today is payday!

Our mortgage should now be 115,009.55.

I went ahead and set up a $75 weekly transfer from my checking to savings for our Escrow and EF. I've never done an automatic savings transfer before so that is exciting! Before we always just tried to save what we had left. It's nice to be able make it a priority.

In my last post someone commented that maybe my husband's company matches 50% up to 10% for retirement. I wonder if they are right! Husband was told 10% but he isn't very knowledgeable about stuff like that, so he might have mis-understood. That would be awesome if that is true. He is set to contribute 3% for now, and it increases 1% every year automatically. I am hoping we will be able to raise it next year but we need to settle into the budget first.

Thanks for all the comments and advice about my husband and the budget. He definitely is not a big spender or usually a whiner about money but I think he is nervous about the new job and changes and he is just projecting. I averaged all his credit card statements and showed him that he has been spending an exact average of what fun money he will be getting and that he will be saving about $10 a week in gas with the job change. Plus he won't have to pay for so many discrepancies. He will be fine. I am okay if he wants to buy a little treat for himself to celebrate us getting insurance and a better job. We've been tight for so long, and he deserves it.

Retirement Surprise & Grumpy Husband

October 4th, 2018 at 07:42 am

Husband's new retirement contributions started this week. We were told they give you 10% of whatever you contribute which is a really awful match. But his paycheck is showing that they matched 50% of what he put it... So who knows. lol. We will take it!

Unfortunately husband had a bit of another melt down once he saw his spending get even smaller... I've asked him to do the budget himself or handle the finances but he won't. I think he believes I am taking all his money and spending it on myself or something. So frustrating.

I have everything mapped out to the dollar so everything is accounted for. But he just can't understand how he can make $400 more a month and it's already gone without increasing our fun money. He doesn't grasp that we were living check to check and that the $400 a month was floating on credit cards, and borrowing from his car money all the time.

I have always done all the budgeting and bills so I guess he just didn't realize how tight we were. I will have to keep encouraging him to be more involved in our finances, but it's like pulling teeth. Ugh.

He is going to have to start paying union dues next week which will be another $10 a week out. But he should be receiving a $20 a week raise in the next month, so it will even out.

I'm not sure how much fun money he is wanting a week. If he would just give me a number I would just let him have it and figure out a way to cover the difference so he stops driving me crazy. I don't think he even knows or really wants more. I think he is just upset that he is working a harder job and doesn't feel like he is getting anything more from it compared to his old job. I'm sure he will settle down eventually, just one of those moods.

Spending Forecast

October 3rd, 2018 at 07:24 am

Today I am feeling the squeeze with the budget. Which is crazy since our income increased, and I was just reassuring husband that is was fine, lol.

We have all our needs met, we are putting back money every week. We aren't struggling. But I looked at the forecast for the next several months and realized that I have already planned out all my spending for the next 7 weeks. 3 weeks for the blinds and bathroom accessories, 2 weeks for a new car battery, 2 weeks for a fun item I have been wanting.

That puts me all the way at Thanksgiving. And we were going to do a little black Friday shopping this year. So I'd like to put some sort of money back for that.

Christmas is quickly approaching. Husband and I agreed to purchase one larger item to share on black Friday as our main "present" and we will set a smaller limit for each other for gifts to open on Christmas.

Our anniversary is this month and we were wanting to go away for the weekend since we did nothing at all last year. But I don't see how we can swing it without pulling from savings which I'd rather not. Plus we aren't sure with husband's new job if he will be working weekends or not so I really can't make reservations or anything. Ugh.

I have a goat sold at the end of the month. Normally that money is put back into my animal saving fund but I may end up using it for either black Friday shopping, Christmas presents, or for our anniversary.

Otherwise I would love to figure out a way to scrounge up some extra income. I am owed about $133 from past web projects but payment is sketchy at best. They recently asked me to do another project for them and I implied that I wasn't willing to pick up any more work because they never pay me. They promised they will send it soon... Hopefully that will light the fire, but we'll see.

Home Remodel & Fencing

October 1st, 2018 at 06:13 am

Our master suite addition is soooo close to being done. Our vanity mirror is at the welder getting fixed right now and once that comes back the bathroom will be pretty much complete. I have already taken a few baths which is so awesome.

Once the mirror is hung I will officially strike that goal from our 2018 list. Of course we still have a lot of little projects to do around the house like trim but that is always going to be a work in progress. Our bedroom and bathroom will be done and we have never had any rooms that are finished before so it is quite exciting!

My fence is also finally fixed!!! The installer ended up giving me about $470 off the price which was very nice of him. Since I had that saved back, now I have extra! I put $300 into my animal savings account since I may need to purchase a bit more hay this year. The rest I used to get all of our budget caught up. Hoping to stick with green categories from here on out.

This past month really feels like a fresh start to our life and budget. I'm hoping for exciting things in the next year!

Payday & Budgets

September 28th, 2018 at 07:02 am

2nd paycheck from husband's new job. I've been sticking with YNAB and it is nice to see GREEN categories for all our bills because I have put back the money.

I worked extra on web design this month and I should have about $450 to throw at the credit cards. That is nice, hopefully I can keep it up and pay them down quickly.

Husband did a little bit of balking last night at our new budget. He seemed to have thought that the $400 additional money he will be getting a month would just be "extra" and he was miffed when he only ended up with $70 for spending money this week... (He thought he would get to blow that first $400 extra) I had to sit him down and go through the budget with him explaining that in the past we didn't budget for things like car insurance so we would just scramble to pay that large chunk every 6 months. Now on paper we have a line item for everything and it is taken out weekly. No more living check to check.

In the past he got about $30 a week to cover any spending he did. Usually his extra spending was going over on groceries or a clothing/house shopping trip every once in a while. Right now he is getting $70 a week which he will use to buy a couple splurge items he has been wanting. In about 2 weeks $20 a week will start coming out for retirement, and then in March another $25 a week will be taken for insurance. Then he will be down to $25 a week spending. He is freaking out that his spending will be even tighter than it used it be but we also budgeted more for groceries so his personal spending should be able to be used for actual fun stuff rather than than covering discrepancies.

I asked him to just try it for a while and see how it goes. We can make adjustments if needed but I think $100 a month for fun is more than enough... He honestly doesn't buy anything for himself, it is always groceries, or getting Chinese takeout once a month or less, or getting a few needed clothes. Now that our entire budget will be less tight I think he will actually get to use his fun money for fun and he won't feel so poor. We'll see how it goes.

I get about $55 a week for "spending" which is almost always used for housing purchases, or covering discrepancies in the budget. Neither of us are big wasters or have expensive hobbies thank goodness.

For example, since husband is going to be starting night shift soon we HAD to get some blackout blinds for our bedroom. (We have no curtains or blinds anywhere in the house.) Well I found some on sale for over 50% off, after searching for a while I could not find anything else that would fit our windows that was cheaper so I went ahead and bought them. About $115, yikes. But a needed purchase, so there goes my "spending" for a couple weeks.

Once we get used to this budget we might have to chunk out our spending categories even more. Maybe add a clothing line item and a housing line item. But I didn't want to get too strict right away. We will re-evaluate at the new year.

Rounding Up

September 21st, 2018 at 07:31 am

We got husband's first check at the new job. I am so thankful that we essentially got double paid+ since he also received a full check from his old employer and vacation hours.

This will essentially pay off all of our personal monthly credit cards, and allow us to put money back to switch from our currently bi-weekly budget to a new weekly budget since his new job gets paid weekly, and so do I.

Something I found as odd is that his new employer rounds up the hours. They don't do partial hours for regular pay and they don't pay less than .5 hours for overtime which is interesting. I've never seen a job do that before. He actually worked almost 1 hour less one day, and then worked about 15 minutes over another day. They do their overtime as anything over 8 hours in a day. So his check was surprisingly a full 40 hours of regular pay plus .5 hours of overtime. Even though he actually worked less than 40. It's a small amount of extra but we'll take it!

Tomorrow we are going out to dinner to celebrate his new job.

I sold a couple goats and have put that money back for the fence repair. The guy is hopefully finally starting this weekend. (weather permitting)

I added up my house CC payments and so far this year I have paid $3,576 in debt. That means I have $1,424 to go before the end of the year or about $475 a month. I'm not sure if that is doable or not but it will be close. I don't think this is bad at all though considering I had to spend over $2k on an unexpected fence repair.

Easy Come, Easy Go & 401K Questions

September 10th, 2018 at 12:11 pm

I received multiple checks today that I had been waiting on so I went ahead and made a trip to town to deposit and pay some bills.

I paid the mortgage, our final real estate tax installment, my estimated self employment income tax for the year, and paid the rest towards the credit cards. Whew, it is crazy when several thousand go in and out in one day. But it feels good to tick some bills off.

Husband's first day at his new job is today. He was feeling quite sad about leaving his old one all weekend. They really did love him at his old job. His coworkers got together and gave him a card and $150 as a goodbye gift, and he received a gift card for dining and some cookies and candy. His boss said if he ever wants to come back he is welcome. It is a real shame that he had to give up such a nice job due to expensive health insurance. USA healthcare stinks.

Over the weekend we went out with friends and spent some of his gift money on having fun and taking his mind off the new job.

Now for a question. I've seen it mentioned that instead of putting his old 401k in his new 401k that we should move it to an IRA. What is the benefit of this, when all three accounts are at Vanguard and in the same funds? His 401K and his IRA are both ROTH. Can we move rollover his Roth 401K to his Roth IRA without any penalties or taxes? I plan on calling Vanguard and discussing with them but I have to add myself as an agent on his account first.

Extra Check & Retirement

September 5th, 2018 at 06:42 am

Trying to do some financial planning for husband's job transition.

It appears we will be getting about $1,500 in "extra" money since his current job pays a check behind and also he is cashing in his retirement days.

Don't know exact numbers yet but we plan on paying off both of our monthly credit cards, putting back enough to pay the house & car insurance in full, go out to a nice celebratory dinner, and the rest will probably be put towards either the fence or one of the home credit cards.

We got his 401K numbers yesterday. He currently has $18,167 in his account. We will be rolling this over to the new employer's 401K plan. Both are held at Vanguard so hopefully it will be easy.

Back From a Wedding

August 27th, 2018 at 06:51 am

This weekend we went across the country for a friend's wedding. We went with couple of friends and their parents. I am very fortunate that the parents (my doctor, lol!) paid for the hotel rooms and we just pitched in a bit of money. They were also so sweet and paid for most all of everyone's food and gas all weekend. They said it was their treat. We would have not been able to go otherwise....

It was sort of a strange wedding. For one they have only been together a couple months. We've (including the groom's immediate family) only met her once for like 2 hours. One of the groom's sister met her for the first time at rehearsal dinner actually. The venue was in the middle of nowhere but counted as a "resort." The rooms were $250 a NIGHT. I almost choked when I heard that. You would think it would be the best hotel ever but the rooms were pretty standard rooms that you would find at any cheap hotel. There was not even a microwave in the room. All the amenities cost of course so we mostly sat around and chatted with old friends or played games.

The hotel had 3 restaurants and the standard dinner plate price was $30, breakfast was $20.

I expected the wedding to be very lavish because of the venue but it was actually one of the most odd/simple weddings I have been to.

The couple are very conservative and the long sermon was about women submitting and being gentle. It was very stern and sounded more like a business transaction than a celebration. No one hardly smiled. The bride wore a very simple dress that looks like it was off the rack from the mall. All of them wore flowered crowns and bare feet.

The reception was equally odd. The wedding started at 5 and then the dinner was around 6:30. (waited for pictures) The food was buffet style and you got a brownie with your meal. There was no cake! There were no decorations. Just white tablecloths and a couple tea lights on each table. Everyone was served water only. They had one pitcher of unsweet tea and lemonade way in the back but no one ever announced where it was or to go get some.

The entire thing seemed very rushed. As you finished your plate someone would come in the scoop it up asap. By 8pm they made everyone get up and the workers cleared all tables and put everything away.

No music, no dancing, etc. The couple left at 8pm sharp. We barely had anytime to enjoy dinner or friends before we were shooed out.

The entire thing just really had no joy or personalization. But for the wedding being so odd we did have a good time sitting around afterwards and catching up. Overall I'm glad we went and it was fun to "play rich" for a couple days.

Life Changing

August 23rd, 2018 at 07:14 am

I am happy to announce that husband has accepted a job offer. Smile

He won't start for a few weeks yet, but this change should very positively affect our life. The pay is even better than expected. Not only does he get a 25% salary increase, he will get at least another $1 raise after his probationary period.

But most of all we will have access to very affordable and good health insurance. Worrying about getting insurance when I am kicked off mine next year was a huge stressing point for me. Now I feel secure that my expensive medicines and healthcare needs will be taken care of.

We have to decide if we want the HRA or HSA plan. We are leaning towards the HSA just so I can roll it over and save it up for the future.

The only downside to the new job is that husband may have to work nights for a while until a daytime position opens up. But hopefully it is only temporary.

We will also have to cancel our planned trip to Yellowstone next year since his vacation time won't kick in for 12 months.

Overall we are both excited and a little nervous but the thought of being much more comfortable financially sounds almost too good to be true. I am expecting a $400 a month increase after taxes and tithes, with good raises and growth in the future.

Until the end of the year we will use the extra money to "catch up." We have taxes, home and car insurance, and the fence repair all due in the next month or so.

Another Interview

August 13th, 2018 at 10:29 am

Husband passed the first phone interview. Now he has an in person interview tomorrow evening. I would appreciate any prayers and good thoughts.

Starting pay is $3 an hour more than he is making now plus room for advancement. The biggest plus though is insurance! I need affordable health insurance badly, so this could be an answer to our prayers.

Trying not to get my hopes up too much in case it doesn't work out, but it's hard not to imagine the positive impact this would make on our life...

Hopefully we will know something soon.

Car Repair & Taxes

August 8th, 2018 at 11:11 am

Husband has been wanting a new used car for a while and we have saved for years but unfortunately it seems like his car fund is the first thing to get raided every time something comes up. We finally decided that he will make some repairs to his old car and continue to drive it as long as possible and hold off on a new car for now.

Since we are hoping to get a couple more years out of it we went ahead and did some minor repairs we have been putting off. Thankfully husband and his dad can do most repairs and so far we have only had a $50 charge from the mechanic and about $100 in materials, which is amazing. Father in law frequents junk yards and always finds the best sales online.

They have replaced the breaks, a wheel bearing, some old rusted tie rods, tracking bar, new door, spark plugs, and the fuel filter. Also going to get new headlights.

I paid the first installment of property taxes for the first time.

We have started working on the house again and just have a few more minor things until we are on to optional and fun projects only.

Husband has applied for another job. Fingers crossed.


<< Newer EntriesOlder Entries >>