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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.

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.

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.

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.

Looking Good

June 6th, 2018 at 08:18 am

I don't want to jinx it but we are on the home stretch of the remodel, the refinance, and our lean times.

I have submitted all the paperwork and we will be signing for our refinance next week. Thankfully the first payment won't be due until August! So we are going to pay one month ahead and use one month's payment money to pay down debt.


After my 2nd income comes in for May I will be able to pay off all the credit cards that aren't for the house. We always pay the statement balance monthly but it's nice for the actual balance to be $0.

We have stopped bleeding money finally. Our only main issue left is the stupid fence problem that I still have not gotten anywhere with. Everyone I call passes me to someone else. I have been in contact with a lawyer that is willing to help me but he doesn't think I will get them to pay. I'm about to give up and we will just have save and pay for it myself. Sadly the fence guy can not get to it for at least another month.

The remodel is down to trim and little stuff. We were going to move into our new bedroom this weekend but I am leaving for a goat show so we will move in next week.

Trying to Make Goals

December 19th, 2017 at 07:54 am

I am still indecisive about my goals for 2018. My life seems so unstable with the remodel and pulled in so many directions that I don't know where to put my efforts. I know that my main goal isn't even a financial goal. I just want to finish our house.

I also know that I have never been able to finish my yearly goals and that is disappointing. Especially this year, I bombed them. So for 2018 I am going to try to be much more realistic about what I am able to achieve.

Here are my preliminary thoughts:

1.) Finish remodel
2.) Refinance mortgage
3.) Pay off $5,000 in non-mortgage debt
4.) Add $1,000 to truck fund
5.) Add $1,000 to Roth

My Roth goal is a LOT smaller this year. This is for several reasons. #1 being that husband is going to start contributing to a 401K this year. #2 is that I want this year to be about paying down debt. I will happily add more than $1,000 to my Roth, but I don't want to stress myself out with too lofty goals. So I will start here and adjust if needed.

Hopefully 2018 will be a calmer and less stressful year! I just want to tie up some loose ends, and finish all our ongoing projects to get back to some sort of normal.