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Plugging Holes

March 6th, 2019 at 06:58 am

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.

Mortgage Payment & Net Worth

March 1st, 2019 at 07:52 am

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.

Cars

February 20th, 2019 at 08:45 am

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.

Gift & Taxes Filed

January 31st, 2019 at 08:01 am

I can't believe it. I was surprised to received a $1,000 gift yesterday!

We decided we are going to put $500 into our EF, I am giving $100 as a gift to someone else needy I know, and the other $400 I will pay on the credit card. It's going down way faster than I imagined!

Husband gets paid tomorrow for the first time and we should be back on a normal budget. He has about 20 hours of overtime this week, so we are going to both go through our entire wardrobes and donate/trash all the clothes that we don't wear. Then figure out what items we badly need.

I finally got all the forms I needed so I submitted my taxes this morning. After paying the state and for the tax software I will net about $750. Which will be sent to the IRA. Glad it's over!

Paid on the Credit Card & Possible New Car

January 22nd, 2019 at 11:50 am

We got the first check from husband's disability and I paid $849 on the two credit cards! I can't pay anymore until the balance transfer goes through. Hopefully soon.

I may be getting a new car. A relative passed away and my family is offering their car to me. I am test driving it around to see if I like it. It's a much nicer car, that is newer, with fewer miles. But it's a lot bigger and gets bad gas mileage. So I have to decide if the space/luxury is worth paying more for gas.

I only drive to work 2 days a week. But my car is the main driver when we go on trips, or errands.

Basically I have a cheapo old Dodge Neon. The new car is a Buick Terraza. So a minivan/cross over. It would be nice for driving around future kiddos and for our road trips. (We usually borrow my mom's van) It is also AWD which is nice for the snow. I haven't been able to get my car out of the driveway since Friday...

So we'll see. Still mulling it over.

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.

And Life Laughs...

December 27th, 2018 at 04:24 pm

My last post was about how I felt so financially secure... And then the boom dropped.

My husband had severe stomach pain all day yesterday and finally went to the ER. He had an appendicitis and had to have an emergency appendectomy today... Thankfully we caught it before it ruptured, and the surgery went well. He is very tired and sore but home now resting.

The bad news. He is off work for 3 weeks. Frown Thankfully his work was very nice and understanding. I have already submitted a claim for short term disability which would pay him 70% of his base pay. BUT he has only worked there a little over 3 months so we aren't sure if he qualifies yet. We have to wait a week to receive the packet and then submit more forms, etc. Could be a while before we even know something. I do know he doesn't qualify for FML (you have to work a year). So I am a little scared he could lose his job, although his boss didn't indicate that.


Besides just his normal missing pay, this week was Christmas and he was off 2 days. Which was supposed to be a paid holiday, but per the employee rules you have to work at least one day in the holiday week to get paid. And now since he is off work he won't qualify for Christmas, or New Years either. On top of that he was supposed to be working 12 hour days these two weeks, and also Saturdays. So I don't even want to think about the amount of money we are going to be missing.


Major bummer. I know we will be okay. We always are. But it just stinks that instead of paying a large chunk of debt off, now we are going to be scrambling just to pay our bulls. I am very thankful we are in as good as a position as we are.

Hoping and praying that he doesn't lose his job, and that STD goes through so we can at least squeak by for the next 3 weeks. I would appreciate it if you kept us in your thoughts and prayers. Thanks!

Ready to Relax

December 20th, 2018 at 07:30 am

I've been complaining a lot about stressing and being over busy with web design this month. The good news is that I have hit my monthly hour goal already and still have 11 days in the month left! I've never done that. Honestly it's usually a struggle to hit my goal.

Also I have caught up enough that I am only going to have to work one day next week on web design and the rest of the week I will be able to relax and enjoy family time. Sometimes hard work pays off!

With all this work + my raise I should have over $700 just from my side income to put towards the CC next month. Also husband has a couple hundred ear marked for me from overtime. We might be able to pay $1,000 on the debt in one month! I never thought it would be possible.

My car is fixed, our bills are paid, our savings are on auto pilot, we have increased our EF, we have purchased all our needs... Don't want to jinx it, but right now I am feeling very financially secure. Hope this trend continues into next year!

Car Repair

December 14th, 2018 at 11:15 am

My car was done at the mechanic today. It was $130 which I had enough put back for. I just hope this really fixes it. *fingers crossed*

Husband's overtime is still every week. We are going to up the EF and then put some towards the CCs.

Goat is sold and gone.


Web design is still swallowing me. I've been having to play catch up on the weekends and been staying up to about midnight most nights. Both husband and I are worn to a frazzle. Our house is a wreck, and we have been eating a lot of crap food.

I really hope life slows down after the holidays.

Cars & Cats

December 5th, 2018 at 06:52 am

All bills and personal credit cards are paid, money is put back for this week's normal expenditures, and I have $7 left!

Bad news is that the new car battery did NOT fix my car like expected which means it has a much more expensive problem than we thought. I could not start it at all today and had to take my husband's car to work. Ugh. Looks like it will be going in the shop.

Also my kitten is getting fixed tomorrow, so I will need to come up with the money for that. That will be no problem when I get paid on Monday. I am really worried for her though, she had a terrible reaction to her first set of shots and almost died. We have no idea how she will do with the rabies vaccine and/or anesthesia. So I'm nervous. I will discuss my concerns with the vet before surgery.

I received an even better offer for the credit card I was planning on transferring our big balances to in January. Last month the offer was 14 months interest free, they sent me a new one for 18 months interest free. We will definitely still try to pay the balance within 14 months or sooner, but it's nice to have a bit more wiggle room.

Web design is overflowing right now. But so much so that it is stressing me out. Hoping I get the time to sit down and work a lot of hours to cut down on some of the projects hanging over my head. The income will certainly be nice!

Early Black Friday Shopping

November 21st, 2018 at 10:00 am

We have quite a shopping list this year. As per usual I always purchase everything possible online. Usually the deals start days before Thanksgiving.

So far we have already purchased a tool set and a new tv and mount. Today I just purchased both my parent's Christmas presents. Just waiting on husband's gifts to go on sale tomorrow and I will purchase them as well.

We still like to go Black Friday shopping at the stores but since all our "needs" are already done it is much more fun to look for smaller items like clothes, household supplies, towels, etc, without worrying about fighting other people for the big items like electronics. It makes for a more relaxing experience and there are some great deals on things you wouldn't normally consider on Black Friday.

I sold some goats and was able to add $250 to the animal fund. Have a couple more sale pending as well but it will be a few weeks before payment/pick up.

Hope everyone has a happy Thanksgiving!

Vacation Time & Overtime

November 13th, 2018 at 08:28 am

I made a happy oopsie. I totally forgot my job upped my vacation time to 60 hours this year. Which is quite a bit since I only work 15 hours a week.

Well I thought I was about out of vacation time so I double checked how much I had left and was pleasantly surprised to see I have 35 hours left. Since I have to use it by the end of the year and have no vacations planned I am just going to cash out 5 hours a week until the end of the year. That extra money will help me buy Christmas presents and get ahead.

Husband worked 12 hour days all this week including the weekend. Whew. He sure is tired but the extra money is certainly welcome.

I am down to only $16 left floating on my CC. So on Monday I will be able to pay that off and all expenses from here on out will have cash in the bank to cover everything put on the CCs. Woo hoo!

Goat show went well. We made about $1,000 but it cost $700 in expenses. We also had car troubles and had to get towed and go to a mechanic. Ugh. But I was able to keep my half. So I made $150 + $50 from the sale of my goat (after purchasing another cheaper one). So I came home with $200. Not sure yet where I am going to put this. Probably just send it to the animal fund.

Husband wants me to get that fund up to $4,500 (a year's worth of animal expenses) so I can stop using part of my weekly paycheck for animal food. We'll see.

Friday Payday

November 2nd, 2018 at 06:57 am

Husband's payday is today. I put back money for all the bills and paid my mortgage. My balance is down to $114,861.80. Which means we have paid down into the next thousand barrier.

In another week we will have enough money saved to pay completely for our annual house insurance. I didn't think we would be able to save $1,300 in only a few months but we did it! I have the deposit on auto-pay so by this time next year at the current schedule we should have about $2,000 extra saved for our emergency fund on top of having enough for taxes and insurance.

In the spring we will also begin saving in an HSA. I will be okay with this saving rate for the time being and the rest of our extra funds will be allocated towards paying down the CCs. I have a crazy goal in my head of having them paid off by April 2020. That would be about $740 a month which is pretty unrealistic currently. BUT I am hoping we will be able to throw a couple big chunks at them from either overtime or side projects. So we'll see.

The goat show is quickly approaching. I have a goat sold at the show which is awesome since I am also picking up a goat a bought. Oops. I will still make about $100 off the the sale. Hoping I win lots of money at the show.