Finally got a paid a big check I was expecting. I put $750 in my animal fund, and have enough money to pay for my upcoming expensive vet bills!
I also should be getting about more $650 this weekend from some goat sales. It is nice to get a little money rolling in.
Working like crazy on web design. Hoping for a big check like last month so I can knock down more debt. Next week is also an extra paycheck which I will put towards the CC.
Continuing to slowly build our EF, Car Savings, and HSA. Even small weekly amounts add up over time.
Can't wait to see the numbers next week to see how much our net worth grow this month.
Finally got a paid a big check I was expecting. I put $750 in my animal fund, and have enough money to pay for my upcoming expensive vet bills!
We are now below -$3,000 Net Worth! (only counting liquid assets)
Quite a big different from when I started YNAB in October! My savings almost out number my debt, which I don't think a lot of people can say.
I hope to be in the positive by August. Can't wait!
I really busted my rear last month and made four times the web design income that I made the month before. Getting ready to get another large web design check. But it will be spent on dog vaccines and hay for the goaties. Boo.
Husband is still getting lots of overtime. We will use it to cap off our vacation savings, and then move onto something else.
It is about time for goats to start going to new homes, so by July I should see a significant boost in my animal fund.
Paid my mortgage today bringing the total down to $113,962.91! Hit the next thousand.
I'm also back from my mini vacation and stayed in/under budget. So once all the charges hit I will move around the excess money.
I got one of my web design checks and paid $800 on the credit card. Total is now $7,684. I get a few more smaller checks in the next week or so, and should be able to add around $100 more.
Plus this month is an extra paycheck, so I am hopeful I will be able to put another $300+ towards it. Woohoo! Have to make up for a lousy April.
Getting closer to paying myself back after I raided my buffer in March for some large expenses. The new upcoming problem is my 3yr dog vaccines are due this month and I think it will be around $400... So looks like I will be raiding the fund again. Oh well.
Here are the April Numbers:
Mortgage -$114,114.20 (-$150.70)
0% CC -$8,484 (-$414)
Roth IRAs +$14,865 (+$485)
401K +$20,491 (+1,013)
Emergency Fund +$2,648 (+$530)
Animal Fund +$200 (-$300)
Truck Fund +$1,260 (-$160)
HSA +$239 (+$239)
Not huge progress from last month but still in the right direction. May is already looking like it will be a much better month.
I finally purchased our plane tickets and rental car for our vacation. Thank goodness, it was stressing me out! It was about $1,200 and we only have $500 put back so far. So we'll have to borrow from ourselves until we pay it back.
I can't believe it but after 6 weeks of waiting I got a letter in the mail that my car title transfer/license plates were denied!? If anyone remembers I had a heck of a time getting the car into my name because it was inheritance from a deceased family member. 6 weeks ago the DMV finally accepted it, and a month ago they cashed my check. I've been eagerly awaiting the new plates to come in the mail and instead I get a denial letter... I'm not sure what happens now. My relative who I got the car from had to take another day off work and take the new form to a lawyer to get it signed and notarized and we mailed it back. I REALLY hope that is the end of it because it's a joke. How is this even possible?
Well both the bonus and the health insurance came through. We decided to put back the $500 bonus for our vacation. Since it's already past time to buy plane tickets and such. The dirt pile can wait.
We have already deposited $60 into the HSA, but I have no idea where it is, or how to access it. So we will have to find that information out.
Paid my mortgage today, new balance is $114,114.20.
Had to buy more hay and pay for a vet bill so my animal fund is dwindling again. I can't wait to sell some goats and fully bulk that fund up so I don't have to keep pulling from my regular income.
We went wild crazy and spent over $600 this weekend of husband's overtime money. We got lots of stuff for the house including our remaining doors, door knobs, some decor, and we even printed and hung some pictures of us for the first time since we have been married... (Nearly 7 years. ) I guess it just goes to show that we are finally settling in. It is SO FUN to actually get to decorate and style things, rather than make do with hand me downs and unfinished spaces. We are pushing hard to finish most of our in-progress projects because we are having several guests this month. We've been working every night on something.
We are about to completely finish the hallway and is it weird if I say it might be my favorite room in the house? I built a bookshelf that fits perfectly, and hanging above it is our personalized map with pins to all the places we have traveled. We both love travel and outdoors, so the room is adventure themed and we are going to cover it in pictures of us on all our vacations, and it has some mementos we have picked up along the way. Such as a bottle of sand from the desert, and a yellow rock from Yellowstone. Husband is an amateur photographer so we are printing his favorite landscapes to hang as well. It's nice to walk to our bedroom and remember all the good trips and fun we have had together.
Husband got a couple of good surprises.
His job deposited 2% of his 2018 salary into his 401K as an additional annual contribution. It wasn't a ton since he only worked a few months last year and he was at the lower trainee rate, but it was still about $300 dollars extra. I am wondering (hoping) if this is a yearly thing. That would be sweet.
Also they are supposed to be receiving a bonus for a year of being accident free. Word on the street it is $500, but not 100% on that yet.
Unfortunately he also found out he has to work all weekend. Which is a bummer, but good for our finances. Between that and the bonus we should have enough money to grade our yard. Except a neighbor stopped by yesterday and offered to help us do it for free... But it would probably take several months since it would be in his free time. So now we have to decide if delaying it would be worth saving around $1,000. Or if we would rather get it done ASAP so we can plant grass, and start landscaping. I'm fine waiting, but I'll let my husband decide.
Our driveway finally got rocked yesterday, so that is big progress. It looks so much better. It is exciting to have enough money to be able to finish some projects. I'm picking up a door today for our basement. We are rushing to tie up some loose ends because we are having quite a bit of company next month and would love to have the house "done."
I'd like to start doing a monthly check in at the end of each month with numbers so I can keep track of my progress.
Here is where I stand for March:
0% CC -$8,898
Roth IRAs +$14,380
Emergency Fund +$2,118
Animal Fund +$500
Truck Fund +$1,420
I think we broke about even this month as far as net worth. Had a lot of expenses and not as much income. I still managed to get my CC under the next thousand but I didn't meet my monthly goal.
HSA should start automatically withdrawing next week, so there will be steady progress on that goal.
We also did an "adult thing." We went ahead and signed up for life insurance through husband's job. It was only a couple bucks a check and now we will both be covered if anything happens.
April will be spent paying myself back and saving for my mini vacation in May.
Well we finally got signed up for health insurance. It's not accepted yet, but it should kick in on April 1st as long as all the paperwork goes through. Final amount was $360 a month minus his $160 raise. So $200 a month out of pocket, or $50 a check. (weekly)
This includes putting $1,000 into an HSA this year. His employer will also put in $1,250 I think. In the future I would like to up this number, but it will work for now until we pay off our debt.
Our driveway was finally bladed and it looks great. Now I just need to get the new rock delivered. Been busy working on the house.
On the financial front, not much progress. Paid a couple hundred on the CC, and have been paying myself back after all the expenses. Thankful that this is an extra paycheck month for us.
Ugh after a great January and February, March is already kicking my tail a week in, even worse than expected. So many holes I am trying to plug but I can't stop the bleeding.
So many big expenses popped up this week, just when I was feeling on top of everything.
1. I FINALLY got my car titled in my name ($315)
2. Had to buy hay ($315)
3. Husband's birthday present ($200)
4. Car insurance went up more than expected ($670)
5. Propane tank ran out and had to refill in addition to my normal budget billing ($400)
6. Received a bill from the vet I'd been waiting on ($60)
On top of this my mom decided she wants to go on a short vacation with me for her birthday so I need to come up with around $500 in the next two months.
Ehhhh. Thankfully I had money put back for the present, hay, and car insurance. But I still need to come up with over $700 for the propane and car title fees. That plus my smaller web design month, my debt payoff is going to be really down. Booo.
This month my husband and I have to start paying our own health insurance which will suck $300 a month out of our the budget. But he will get a $160 raise next week, so really only need to come up with $140ish extra.
Oh well. It shall pass. Lots of year left.
Home remodel is at least going well. We got some more trim up, and we are hopefully getting the driveway graded this weekend. Then we can finally purchase new rock.
Paid my mortgage today, new balance is $114,264.90!
I reviewed my net worth since starting YNAB again 6 months ago. In the last six months my net worth (if I exclude my mortgage and retirement accounts) has increased by 70%!! I've increased savings and decreased debt by over $8,000 in 6 months. Which means we have been saving/paying debt with over 30% of our monthly income.
If I include our mortgage debt and retirement accounts we have increased out net worth by 12%.
We are still about $4,500 negative in our net worth (excluding mortgage and retirement) but I am positive we will be in the positive by the year end and most likely sooner. Then it will be a longer marathon to be positive in our entire net worth.
If we count our house value as an asset we are already there, but I prefer not to include it since we have no plans on selling. I dream of a day of more money in the bank than I have in debt.
Onward and upwards.
Well I went to the DMV with the new originals they said I needed, and now they are saying I need something else!? I started crying in the DMV and left.
Now my relative is driving the 3 hours to me this weekend with all the papers again. I am beyond frustrated. Ugh.
I got half of my payment for a website I am doing and added $500 to the animal fund. The other $400 I left in my checking account to pay for the next couple months of animal expenses. I need to sell a minimum of 11 goats this year to pay for all their expenses.
I am unsure if I will be able to pay my goal of $1,000 worth of debt in March. It's husband's birthday month and also I will have to pay to transfer the new car to my name (plates, taxes, etc) which will be over $300. I'm receiving a smaller web design check this month as well. So we'll see how it goes.
First the good car news. My father in law was kind enough to wash and clean out my old car, and park it in his driveway for sale yesterday. Well we already have someone seriously interested. It is at the mechanic today getting inspected and if it looks good it will be sold. That is the fastest I've ever seen a car sold! Unfortunately I will be getting about $200 less than I wanted for it. Father in law offered a lower price than I wanted to start with, but at least it will be off my hands and I will be able to cancel the insurance which is due to renew for the year in the next two weeks.
Then the bad news. I am having a terrible time trying to get my new van changed over to my name. It belonged to a relative who passed away and left it to her daughter. Who is selling it to me. I live right on a state line and the daughter lives in a different state than the deceased relative and I do.
Well we drove the 3 hours to her house and went with her to the DMV with all the multiple papers in hand. After waiting we were told sorry but we had to go the other states DMV. So we hop in the car and drive the 45 minutes and wait all over again. Only to be told no, we need to go back to the old one. By then it was already closed for the day...
So then she goes back alone another day and they tell her, NO they were right the first time we have to go back to the other state...
So then she mails me the title and all the necessary paperwork (will, trust, affidavit, death certificate, etc) Well I went again yesterday and FINALLY they say I have everything I need, except she had mailed me a copied death certificate and I need the original. ARRRRG.
So now she is mailing me the original and hopefully I will be able to go back in next week and get it taken care of. I'm not kidding we have been to 3 different DMVs, 4 times, with over 10 hours of driving and waiting. I can't believe it is this complicated. Ugh. Every person we talked to gave us a different answer. I just think they don't know what they are doing since it involves 3 parties and 2 states.
Things are still going pretty well. We got our tax refund back so I went ahead and sent it to the IRA for 2018. With that and the market gains we are up to $32,489 in our retirement accounts.
I'm about to sign a new web design contract and will get $1,000 this week or next to put towards the animal fund.
I paid another $230 on the credit card. New balance is $9,592.36.
I received one of my web design checks and sent the amount to the credit card. It is now down to five digits!! $9,822!
It's hard to believe that in a little over a month I have already hit over 1/3 of my debt paying goal for the year. I'm knocking it out of the park, I hope it keeps up!
We went through our closets and dressers and managed to pull out 2 trash bags full of clothes to sell, donate, or trash. Then we went shopping and I got 3 pairs of pants and 5 shirts for less than $75.
I had a coupon and a gift card for Lowes so we purchased two lamps for our bedroom nightstands. It is so nice to finally have lights close to the bed. Still need to find shades.
We did a couple small fun projects around the house this week. We built an awesome clock out of a large metal plate and hung a bird feeder outside our bathroom window. I also went through all my paperwork and organized/de-cluttered my desk. Trying to organize the house a bit at a time.
It's really time to start cracking on the house again so we can tie up some loose ends. It's hard to always have everything half finished and in disarray.