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Archive for January, 2019

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.