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Viewing the 'Savings Game' Category

Payday and 52 Week Challenge Progress

December 30th, 2015 at 01:11 pm

Hi, everyone.

My payday is tomorrow, because Friday is a holiday. More money is going to debt, savings, and retirement. Here are my numbers. I have already paid the trash bill, water/sewer bill, and allocated for 1/3 of the mortgage.

Old 52 Week Challenge Balance: $5863.18

$40.00 Regular Savings Deposit
$60.00 Car, House, Car Lic/AAA, and HVAC Savings Deposit
$100.00 cc #1 payment
$3.00 Pinecone payment to cc #1
$20.00 slush deposit
$66.70 DH's payment to cc #1

New 52 Week Challenge Balance: $6152.88

52 Week Challenge Progress

December 30th, 2015 at 06:21 am

Hi, everybody.

I got another Pinecone deposit. I am forwarding it directly to cc #1 as we speak.

Tomorrow I and my husband both get paid and will be paid and I will send $100 and $66.70 to cc #1 also. I have to go out of town for a bit today and will spend a little bit, but whatever is leftover I am sending to cc #1 also. By the time I pay that and account for my savings deposits, I will be breaking $6K on my 52 Week Challenge this year! Woo-Hoo.

I am so happy I made it these past two weeks without having to break out the credit card for an "emergency" as a result of my doctor's visits.

See you tomorrow for updates!

2016 Goals

December 21st, 2015 at 05:10 pm

My resolutions, financial and otherwise, will be:

1) Increase my retirement contribution by 0.15% in January.

2) Continuing contributing to savings as normal.

3) Continue making cc #1 payments of $100.00 per payday and also $67.48 out of my husband's monthly check.

4) Contribute any survey money, rebates, etc. towards cc #1 payoff.

5) Grow as much of my own food as I can and buy as much other food organic as possible through local or other sources. This will help me to eat as clean as I possibly can for my own health. I also intend to save some produce as I possibly can with a Foodsaver. I know I can do carrots this way.

6) I will continue using the fountain card as a way to challenge myself to spend as little as possible on beverages while I am at work. I will funnel my savings to cc #1.

7) For awhile, I have been using my pocket change as a way to pay part of my grocery store bill. I will continue this.

Payday and 52 Week Challenge Progress

December 19th, 2015 at 10:53 am

Hi, everyone.

It was payday yesterday for me, so I have already allocated for 1/3 of the mortgage (in a 3 payday month), allocated for car insurance, and paid the electric bill. I also found a penny on the ground outside a store today. I used $0.69 I had in pocket change to pay for part of my grocery bill.

I got my latest mortgage statement and I paid $155.36 in principal last month. Woo-hoo!

So, here are my update 52 Week Challenge numbers.

Old 52 Week Challenge Balance: $5592.82

$20.00 slush deposit
$40.00 regular savings deposit
$50.00 cc #1 payment
$155.36 principal paid on mortgage

New 52 Week Challenge Balance: $5858.18

I will delay making more cc #1 payments until the end of the coming week because of some other expenses.

I will not be going anywhere for the holidays or having company. My challenge for the next two weeks will be to make as many meals as possible from the food I already have. I will have about $135.00 unexpected expenses at a chiropractor in the next two weeks and want to make sure that does not impact the food budget or other areas unnecessarily.

As part of my recent exercises in gratitude, I have come to realize that whatever my problems, I am incredibly blessed. I have a husband who loves me, friends, a job, a car to get around, money to buy what I need and some of what I want, and the ability to grow food. In the past six months, I have donated food, pet supplies, household goods, clothing, and other items to 1) my college campus's food pantry that serves students in financial need, 2) a local domestic crisis center, 3) the local humane society, and 4) my college campus's office that serves international students.

Another Payday and 52 Week Challenge Progress

December 3rd, 2015 at 06:19 pm

Hi, everyone.

I get paid again tomorrow, so more money is going to debt, savings, and retirement. I have already written checks for the gas bill, savings deposit, internet/phone bill, and allocated for slush deposit and 1/3 of the mortgage. I get paid 3 times this month, so I am dividing the mortgage up into 3 parts.

Prior 52 Week Challenge Balance: $5371.68

$20.00 Slush Deposit
$40.00 Regular Savings Deposit
$20.00 House Savings Deposit
$20.00 AAA/Car Tax Savings Deposit

New 52 Week Challenge Balance: $5471.68

I will also make a larger than normal payment to cc #1, but I have not decided on the amount yet.

Payday and 52 Week Challenge Progress

November 20th, 2015 at 07:18 pm

Hi, everyone. I got paid today and so more money went to debt, savings, and retirement. I am doing so much better than I ever dreamed I would on this challenge. For the first time in well over a year, the regular savings account is over $1,000.00. Woo-hoo! I have worked really hard to get it there.

Prior 52 Week Challenge Balance: $4919.02

$40.00 Regular Savings Deposit

$20.00 Slush Deposit

$22.75 cc #2 Payment (made a purchase on the card - this brings the balance to $0)

$50.00 cc #1 Payment

New 52 Week Challenge Balance: $5051.77


I have also been stocking up on some foods that we use a lot when I see them on sale. This has helped me to level out the grocery budget better. I have also had good success with the fountain card this week. I will likely be making another $5.00 payment to cc #1 next week.

Payday and 52 Week Challenge Progress

November 5th, 2015 at 05:34 pm

Hi, everyone.

My 52 Week Challenge is going great, better than I ever even dreamed. I feel so blessed. With Thanksgiving coming up, I feel that I should recognize that I am blessed with, among other things, 1) good health, 2) finances in good shape and improving, 3) friends, family, and a husband who all love me, and 4) a good job.

Old 52 Week Challenge Balance: $4727.02

$40.00 Regular Savings Deposit
$20.00 Car Savings Deposit
$20.00 House Savings Deposit
$15.00 AAA/Car Tax Savings Deposit
$75.00 cc #1 payment
$20.00 slush savings

New 52 Week Challenge Balance: $4917.02

My challenge to limit trips to convenience stores has worked out famously with only 2 trips this week as opposed to daily trips previously, sometimes multiple times per day. All other food and beverages have been brought from home, prepared at work using teabags I brought to work with me, or purchased at work using my new fountain card.

Payday and 52 Week Challenge Progress

October 22nd, 2015 at 06:05 pm

Hi, everyone. I get paid tomorrow. I have already allocated funds for 1/2 of the mortgage and written out checks for a savings deposit, the trash bill, and the water bill.

Prior 52 Week Challenge Balance: $4552.02

$40.00 Regular Savings Deposit
$5.00 AAA/Car Tax Savings Deposit
$5.00 Escrow Savings Deposit
$23.00 House Savings Deposit
$22.00 Car Savings Deposit
$75.00 cc #1 payment

New 52 Week Challenge Balance: $4722.02

52 Week Challenge Progress

October 9th, 2015 at 07:15 am

Hi, everyone. It's a day off, heck two days off, for me, but I still got paid today, so more dollars are going to savings, debt, and retirement. I have already allocated for 1/2 of the mortgage payment and car insurance.

Old 2015 52 Week Challenge Balance: $4392.02

$40.00 Regular Savings Deposit
$20.00 Car Savings Deposit
$20.00 House Savings Deposit
$20.00 AAA/Car Tax Savings Deposit
$20.00 Slush Deposit
$40.00 cc #1 payment

New 52 Week Challenge Balance: $4552.02

52 Week Challenge Progress

September 25th, 2015 at 10:56 am

Hi, everyone.

I just got paid today, so more money is going to debt, savings, and retirement.

Prior 52 Week Challenge Balance: $4114.10

Regular Savings Deposit $40.00
cc #1 payment $75.00
Car Savings Deposit $20.00
House Savings Deposit $20.00
Escrow Savings $10.00
AAA/Car Tax Savings Deposit $10.00
Slush Deposit $20.00

New 52 Week Challenge Balance: $4309.10

52 Week Challenge Progress and Other Frugal Activities

September 12th, 2015 at 11:42 am

Hi, everyone.

I got paid yesterday, so more money went to debt, savings, and retirement. Here are my amounts.

Prior 52 Week Challenge Balance $3820.11

Regular Savings Deposit $40.00
Slush Transfer $20.00
DH's payment to the credit card #1 $67.45

New 52 Week Challenge Balance $3947.56

Also, other recent frugal activities include 1) planting kale, spinach, and arugula for a winter garden, 2) buying clear plastic containers cheap to use as covers for garden when it gets really cold this winter. I plan to plant some lettuce tomorrow. This winter garden will contribute significantly to my being able to eat organic veggies this winter without breaking the bank.

52 Week Challenge Progress and Payday

August 27th, 2015 at 05:29 pm

Old 2015 52 Week Challenge Balance: $3700.11

Car Savings Deposit $20.00
House Savings Deposit $20.00
House Escrow Deposit $10.00
AAA/Car Tax Savings Deposit $10.00
Regular Savings Deposit $40.00
Slush Deposit $20.00

New 2015 52 Week Challenge Balance $3820.11

52 Week Challenge Progress and Payday

August 13th, 2015 at 01:19 pm

Hi, everyone. I get paid again tomorrow, so more money will be going to debt, savings, and retirement.

Old 52 Week Challenge Balance: $3570.11

Regular Savings Deposit $40.00
Car Savings Deposit $20.00
House Savings Deposit $20.00
Car Tax/AAA Savings $20.00

New 52 Week Challenge Balance: $3670.11

I plan to also pay $100.00 to cc #1 tomorrow.

52 Week Challenge Progress, Payday, and Other Stuff

July 30th, 2015 at 06:46 pm

Hi, everybody. Well, it seems I have only about $243.00 left of the reimbursement and my husband and I have chosen to use it for both of us to go see a new doctor in town.

Tomorrow, I get paid and so here is my update of the 52 Week Challenge. As always, more money is going to debt, savings, and retirement.

Old 52 Week Challenge Balance: $3392.66

Car Savings $20.00
House Savings $20.00
Regular Savings $40.00
Slush Deposit $20.00
cc #1 payment $77.45

New 52 Week Challenge Balance: $3570.11

52 Week Challenge Progress

July 22nd, 2015 at 04:33 am

So, if you recall in my last financial post, I still had $58.00 of my $500.00 reimbursement left. Well, today I sent that to cc #1.

Also, I finally got the second part of my reimbursement in that amount of $1118.62. I have already sent $80.00 total to house, car, and escrow savings. I have also allocated $200.00 for the yard light and doorbell replacement.

$1118.62
-50 1/2 of trip to fayetteville
-60 house savings (1/2 DONE!!)
-60 car savings (1/2 DONE!!)
-100 regular savings
-200 yard light/doorbell (DONE!!!)
-100 cc #1
-75 escrow ($20 TOWARDS THIS SO FAR!!)
-40 fun money
-100 extra slush
-283 other that I have not thought of
0

Old 52 Week Challenge Balance: $2885.25

$80.00 Savings Deposits
$58.00 cc #1 payment
$200.00 set aside for home repairs/maintenance

New 52 Week Challenge Balance: $3223.25

52 Week Challenge Progress

July 20th, 2015 at 04:38 pm

Hi, everyone. So far, I have only received $500.00 of my total conference reimbursement (it comes from 2 different places). I had a lower balance on cc #2 that what I thought, so I have adjusted my original plan as follows.

$500.00 Total Reimbursement Part 1

$192.00 cc #2 payment (the balance is now $0!)
$ 50.00 cc #1 payment
$100.00 yard light allocation
$100.00 trip out of town at end of month allocation

So, with all of that, here is the update to my 52 Week Challenge Balance:

Prior Balance: $2443.25

Payments and Set Asides: $442.00

New 52 Week Challenge Balance: $2885.25


I still have $58.00 left out of the $500.00 after all that. I think I may put it on cc #1 because it really needs to be paid down.

This is me right now. I'm so excited!! And this is only the beginning. I have about $1100.00 coming probably tomorrow to spend on debt, savings, etc.

Click on this video of the Pointer Sisters to see just how excited I am to pay off debt and allocate funds for things that I really need.

https://youtu.be/YwKRM_835uk

52 Week Challenge Progress

July 18th, 2015 at 03:19 pm

Hi, everyone. The first part of my conference reimbursement just came by mail today. Here is my plan for how to spend it. I have already paid all but about $300.00 of the costs from the conference trip charged to cc #2 with funds I already had saved over the last year from regular deposits, survey payments, etc., so after paying off the $300.00, the rest is gravy. One of the things I want to do is set aside some funds to replace our yard light which is currently using a mercury light and lots of kilowatts, making our electric bills higher unnecessarily.

$500 Total Reimbursement

-$100 1/2 of funds for out of trip at the end of the month

-$300 cc #2 payment

-$100 yard light allocation

0

52 Week Challenge Progress

July 17th, 2015 at 06:49 pm

Hi, everyone. I got paid again today, so more money went to credit card debt, savings, and retirement.

Prior 52 Week Challenge Balance: $2343.25

Regular Savings Deposit $40.00
cc #1 payment $40.00
slush $20.00

New 52 Week Challenge Balance: $2443.25

I will put more money into slush and credit card tomorrow.

52 Week Challenge Progress

July 8th, 2015 at 06:24 pm

Well, this month is a three paycheck month for me, so Yay! I have a little extra money and the only thing I have to buy for the next is groceries. So, I sent an extra $60.00 to cc#1. I also put $80.00 into slush.

Old 52 Week Challenge Balance: $2203.25

cc #1 $60.00
Slush deposit $80.00

New 52 Week Challenge Balance: $2343.25

52 Week Progress and Payday

May 22nd, 2015 at 07:13 am

Hi, everyone. I got paid today, so more money went to debt, savings, and retirement.

Old 52 Week Challenge Balance: $1867.67

Regular Savings Deposit $40.00
House Savings Deposit: $40.00
cc #1 payment $50.00

New 52 Week Challenge Balance: $1997.67

More 52 Week Challenge Progress and Buckling Down

May 9th, 2015 at 12:10 pm

Hi, everyone. In a true effort to buckle down and not allow spending and debt to get out of control, I decided to make as many meals as I can out of what food I already had in my cupboards, fridge, and freezer. I made an inventory of the food at the same time I made my shopping list.

1/2 pound raw cauliflower
4 ounces raw pumpkin seeds
8 ounces raw flaxseeds
1 pound raw carrots
1/2 raw cabbage
12 ounces frozen french green beans
12 ounces frozen okra
2 onions, 1 red and 1 white
12 ounces almond milk
plenty of dried herbs and spices for making recipes
1 raw beet
2 red potatoes
3 servings of soup I made for my husband
1/2 bulb of garlic

I also have plenty of kale, 2 kinds of lettuce, and arugula to make salads for me. The lettuce is especially loving the moist, cool weather we have been having and so is huge.

1) Potato Salad with avocado with potatoes, avocado, lemon juice, mustard, paprika, sea salt, stevia, pepper, and green onion. I will add ham to this recipe
http://www.forksoverknives.com/recipes/potato-salad-with-avo...
2-3 lunches for me

2) Eggs, Meat, Vegetables, and Smoothies. Add seeds and veggies to smoothies
7 breakfasts for my husband and me

3) Burgers with potatoes and kale (potatoes, sea salt, pepper, garlic, kale)
http://www.forksoverknives.com/recipes/garlic-hash-browns-ka...
1 supper for my husband and me

4) Salad with lettuce, kale, chives, arugula, garbanzo beans, olive oil, apple cider vinegar, green onion, sliced almonds, sea salt, pepper. 1 salad will have a cut up beet.
4 lunches for me

5) Rotisserie Chicken and steamed vegetables
1 supper for my husband and me

6) Chicken Soup with onion, carrots, green beans, ginger, garlic, and homemade broth
4 lunches for my husband

7) Leftover Soup
3 lunches for my husband

8) Spaghetti Sauce with onion, diced tomatoes, tomato paste, garlic, oregano, sage, basil, chives
- Add broccoli instead of pasta
1 supper for me and my husband

9) Stir Fry With Beef, Onion, ginger, garlic, bell pepper
1 supper for me and my husband

10) Leftover Turkey Curry with onion, carrot, parsnip (substituting turnip), sweet potato, mushrooms, bell pepper, diced tomato, coconut milk (substitute almond milk), curry, turkey, coconut oil
http://stupideasypaleo.com/2012/12/26/leftover-turkey-yellow...

11) Unstuffed Cabbage Rolls with beef, olive oil, onion, cabbage, diced tomatoes, tomato sauce, pepper, sea salt.

52 Week Challenge Progress and Buckling Down

May 8th, 2015 at 06:47 am

Hello, everyone. I guess I have been living the high life, because I have had a few too many expenses and need to buckle down for awhile until I get it all balanced out. I think I will start with a food challenge by seeing how many meals I can make out of what is in my cupboards and fridge. And I must not forget that I now have lettuce, kale, and arugula that I can harvest and it's delicious. I have onions every now and then.

Anyway, I got paid today, so more money is going into savings, debt, and retirement.

Old 52 Week Challenge Balance: $1627.67

Regular Savings Deposit $40.00
Car Savings Deposit $20.00
House Savings Deposit $20.00
Professional Savings Deposit $40.00
Payment on cc #1 $100.00
Slush Fund $20.00

New 52 Week Challenge Balance: $1867.67

52 Week Challenge Progress

April 23rd, 2015 at 06:27 pm

Hi, everyone. I get paid tomorrow, so more money is going to savings, debt, and retirement. I don't really report my retirement here except on the sidebar. Here are my numbers.

Old 52 Week Challenge Balance: $1482.67

Regular Savings Contribution $40.00
Professional Savings Contribution $40.00
Car Savings Contribution $20.00
House Savings Contribution $20.00

New 52 Week Challenge Balance: $1602.67

I will make payments to the credit card tomorrow. See ya'!

52 Week Challenge and Payday

April 9th, 2015 at 05:51 pm

Hi, everybody. I get paid again tomorrow, so more will be going in and out of checking, savings, and towards debt.

Old 52 Week Challenge Balance: $1238.19

Regular Savings Deposit $40.00
Car Savings Deposit $20.00
House Savings Deposit $20.00
Professional Savings Deposit $100.00
DH's payment to cc #1 $37.48
Slush Fund Deposit $22.00

New 52 Week Challenge Balance: $1477.67

52 Week Challenge and Payday

March 26th, 2015 at 05:59 pm

Hi, everyone. I get paid again tomorrow, so more money will be going to savings, debt, and retirement.

Old 52 Week Challenge Balance: $963.48

Regular Savings Deposit $40.00
Professional Savings Deposit $100.00
Car Savings Deposit $20.00
House Savings Deposit $20.00
cc#1 payment $75.00
Slush fund deposit $22.00

New 52 Week Challenge Balance: $1200.48

Woo-Hoo!

Payday and More 52 Week Challenge Progress

March 13th, 2015 at 09:07 am

Howdy, neighbors and money savvy friends! Well, I got paid again today and so I have already paid the internet/phone bill, gas bill, electric bill, put some money into savings, and made a credit card payment.

Old Challenge Balance: $783.48

Regular Savings Deposit $40.00
Professional Savings Deposit $100.00
Payment on cc #1 $40.00

New Challenge Balance: $963.48

Because I have had such a challenging couple of weeks, I am going to use the current paycheck to get caught up.

52 Week Challenge Progress

February 27th, 2015 at 07:52 pm

Prior 52 Week Challenge Balance: $783.48

$22.00 deposit to slush fund
$40.00 deposit to regular savings
$40.00 deposit to house savings
$100.00 deposit to professional savings
$37.48 dh's payment to cc #1
$20.00 regular payment to cc #1

New 52 Week Challenge Balance: $1042.96

One of my new games this year has been to use all my change in my purse for my one big, regular purchase of the week. And that is grocery shopping. I go through the self checkout and bag all my groceries myself. I use as many coupons as possible. To limit the amount coming directly out of checking, I use all my pocket change and any bills I have in my purse. Usually, it is only a couple of dollars, but one week, it was about $20 I had leftover. Woo-hoo! I have also really been trying to evaluate each purchase I make and to use cash I take out of the ATM for impulse purchases, so that when the cash runs out, I stop buying stuff.

52 Week Challenge Progress

February 12th, 2015 at 05:00 pm

Hi, everyone. I get paid tomorrow. I have already allocated for 1/2 the mortgage and paid the gas and electric bills.

Prior Challenge Balance: $521.48

Regular Savings $40.00
Slush Fund $22.00
House Savings $10.00
Car Savings $10.00
Professional Savings $140.00
Payment to Credit Card $30.00

New Challenge Balance: $773.48

52 Week Challenge So Far

January 29th, 2015 at 07:05 pm

Hi, everyone. I get paid tomorrow and am trying to make a go of the 52 week challenge, but am getting a late start. So, I went through my records to get an idea of all my stuff that qualifies for my challenge.

1/2 paycheck
$17.00 deposit to car savings
$17.00 deposit to house savings
$100.00 deposit to professional savings
$1.00 deposit to AAA/car tax savings
$5.00 deposit to escrow savings
$40.00 deposit to regular savings

1/30 paycheck
$10.00 deposit to house savings
$10.00 deposit to car savings
$40.00 deposit to regular savings
$145.00 deposit to professional savings
$22.00 deposit to slush

That means my 52 Week Challenge Balance is $407.00.

While my real goal with the 52 Week Challenge is to pay off cc #1, I have not put any payments on this list. The balance on the margin is not the real balance because I had to use it again recently, so the balance is higher. I also have a goal to attend a professional conference in June this year, so I am ramping up what I am setting aside for that. I plan on doing lots of surveys, buying and selling used books, and whatever else I can do to raise the extra cash I need to accomplish my goals.

Cheers to the 52 Week Challenge!

Reflection on 2014 Progress and 52 Week Challenge for 2015

December 23rd, 2014 at 05:13 pm

Hi, everyone. As the year 2014 draws to a close, I feel the desire to reflect on my amazing progress for 2014 and make goals for 2015.

Progress:
1) Made steady progress on paying off cc #2 and have kept it paid off since early November. Woo-hoo!
2) Have funneled that same energy towards paying off cc #1. Have not made it there yet, though.
3) Retirement account has increased significant, but I don't remember how much.
4) All of my savings accounts have increased significantly as a result of regular deposits and also deposits of found money. Several of the savings accounts are "sinking funds" that are for a specific goal. They have served me well this year and resulted in helping to meet those goals without going into debt to do it. I get really weird looks from one of my friends when I tell her I have 7 savings accounts, though, but I don't care. When I told that it is helping me to get out of debt, she seemed to think that was good. Woo-Hoo!
5) Refinanced our mortgage in July from 5.23% to 4.75%, lowering our regular payment about $27.00. We have continued to make the same payment, though.

Goals for 2015:
1) Continue to make steady progress on cc #1 and pay it off by 12/31/2016. I plan to pay a regular payment of $100 per month and also make extra payments when possible.
2) My boss has told me that I may be getting a bump in regular pay level next July. I don't know how much, but I plan to make use of it by bumping up my retirement contribution by 1%. I also plan to increase savings deposits and debt payoff with these funds.
3) We have already paid a deposit on another new window for our house and it will be installed in January, I think. We will continue to set aside funds for more work on the house, including more tuckpointing and some basic maintenance.


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