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December / End of the Year Check In

December 28th, 2020 at 09:12 pm


Mortgage -$121,847.13 (-$231.68)
Medical Loan #2 $0!! (-$4,100)


Roth IRAs +$18,633 (+$426)
401K +$34,945 (+$795)
Emergency Fund +$7,514 (-$1,017)
Animal Fund +$209 (-$0)
Truck Fund +$1,805 (-$0)
HSA +$416(-$2,358)

Overall: +$2,177.68

I was able to pay off my last medical loan which means I am debt free besides my mortgage and also completed all my 2020 goals!! This is the first time I have been able to accomplish that which I think is astounding since this has been such a terrible year. 

I think we plan on resting for a month or two and saving up for a few smaller home projects and then we will begin saving in earnest again.

I will be working on and posting my 2021 goals soon.

New website that will showcase personal finance blogs is up and you can now make accounts.  I took a break from working on it over the Holiday but will be picking it back up soon.

If you have and suggestions on things you would like to see let me know. 

Vacation Goal & Possible Surgery

July 17th, 2020 at 02:53 pm

I decided to go ahead and top off our vacation fund with part of the loan proceeds. Another goal done! Only one left which has $5,800 left to pay off.

Baby girl is not growing properly. Took her to a specialist who says she has a hidden tongue tie. Frustrating since I've had her checked at least 3 times by others and it was never caught. They referred me to another specialist who will hopefully get back to me today. If they deem it necessary we will have to take her about 5 hours away for surgery. We are really struggling right now with getting weight on her and keeping my milk supply up, so I would appreciate your thoughts and prayers. Poor little baby.

Refinance & Goal Progress

July 9th, 2020 at 03:00 pm

We closed on our appraisal and got a total of $7,005 cash out. $5,000 will be saved back to finish our dirt work project. $1,770 will be used to pay for the water heater, and the rest will be put towards the new fridge we had to buy since ours went out this week... Ugh.

At least every appliance is new now.

We also effectively gained the $2,000 I had set back for our taxes and insurance since the new loan has escrow included now. It will just remain in our savings account for our EF.

Our payment went from $603 to $510 (Plus $175 for escrow) with an additional $11,000 added to the loan. Our interest rate dropped from 4.75% to 2.875%. We are going to pay $525 a month and save the other $75 difference in our EF.

With the money saved from this month's mortgage payment I went ahead and paid off the first medical loan!! So now we are down to just one 0% loan. This crosses goal #3 off our list. Goal #4 is soooo close.

Goal #2 Complete!

April 15th, 2020 at 02:40 pm

The stimulus check hit my account this morning! Allowing me pay off the full balance of my construction loan! 6 months before the 0% interest expires!

The small medical loan is up next. Hopefully by June it will be gone and we will be down to just one debt.

In other news I bought a new dryer. Ours was given to us well used when we got married 8 years ago. It has been on it's last leg for two+ months now. The bearing is going out and it makes a horrible screeching, so loud you have to cover your ears while in the same room. Every time I use it I cross my fingers that it will work. Also recently clothes keep getting stuck in it and tearing them up. With a new baby and our laundry needs going up I figured it was time.

Our old washer went out a year or two ago and I purchased a new one. So I have been watching the matching dryer price for about a month. It has been on sale this week for 40% off and last night was the last day. With our stimulus coming in, I went ahead and purchased it. They said it could take up to a couple weeks to arrive with free delivery. I didn't want to chance mine going out and being stuck without for weeks. That uses up the last $500 of the stimulus, which I was hoping to save for animal money but oh well.

We are not getting the $500 for our 2020 baby since they are basing it off our 2019 taxes. From what I understand that $500 will probably get added our tax return next year.

I also ordered a new crockpot. Mine has been broken for a while and I was given money at Christmas to purchase a new one but I couldn't decide which one. I've been holding onto the money this whole time because I am sooo picky. I always read reviews and check out all options before purchasing pretty much anything. Well I finally bit the bullet and picked one out. Super excited to use my new appliances soon.

Taxes & Insurance Part 2

February 15th, 2020 at 02:43 am

Well I spoke too soon... Now there are several thousand out-of-network bills pending on my insurance for the NICU bill. Grr. Will just have to wait a bit longer and see if insurance decides to pay or not. If not I will be calling and seeing what I can do about it. Why is medical billing always so shady?

Taxes were deposited and with the gifts we received I was able to go ahead and pay off the credit card completely! Woo hoo! This completes my first 2020 goal, and it's only February!

Next up to go will be the construction loan. With husband working almost 60 hours of overtime this week (poor guy) I am hoping we will be able to drop it fast.

2020 Goals

December 27th, 2019 at 03:51 pm

1.) Pay off $3,100 Credit Card
This is the last remaining debt from our home remodel. It is 0% interest until August so it needs to be paid in full by then.

2.) Pay off $3,950 Construction Loan
0% interest debt from waterproofing our addition. Expires in October so it needs to be paid in full by then.

3.) Pay off $1,900 Medical Bill
Not really a huge deal since it is 0% interest for two more years. But it would be nice to be debt free again.

4.) Save $2,000 for Vacation
We are hopefully going to Yellowstone in September.

5.) Pay all Baby Medical Debt
No idea how much this will come out to but expecting around $6k+. This is our stretch goal. We can/will get a 0% interest payment plan for this, but I would prefer to pay it off by the end of the year.

The total amount (if medical debt is $6k) is $16,950! Our HSA will cover $3,000 so we need to come up with $13,950 or $ 1,162.50 a month. Whew. Quite a stretch but we will try our best.