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Archive for July, 2020

Saving Money on Insurance

July 22nd, 2020 at 01:50 pm

My car insurance was up for renewal in a couple months and I noticed the price was going up again. So I called my company and asked them to shop around for a cheaper rate. Within a couple days they called me back to let me know they found me a better deal.

My car insurance is dropping from close to $1,500 a year to $925 for the exact same coverage! That is almost half the cost. Just a reminder to everyone to shop around every once in a while, it is an easy way to save money!

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.