I just went and had my taxes done.
We are getting $1066.00 for our federal return and $118.00 from the state.
These additions alone will bring the car savings up to $7467.08. They said it could take 6-8 weeks to get our return. [Insert frownie face here.] But in the meantime, I will be adding in more to that sum.
As my Grandma used to say, I'm cooking with gas now!
Viewing the 'found money' Category
I am making more progress on my plan. I just got a survey payment of $11.35 today. That brings my car savings balance to $6283.08. Woo-Hoo!
I get paid tomorrow. This is my progress of my 2019 Financial Plan.
1) Transferring $80.00 to car savings, bringing the car savings balance to $6251.73. Woo-Hoo!
2) Payment to cc 1 $20.00. I will be paying an additional $93.81 on February 1.
3) Coupon savings and cash paid to grocery bill $11.00. I transferred this amount to car savings and it is included in #1 above.
4) I am also using the money I normally use to pay for mowing in the summer ($50.00 every 2 weeks) towards the car savings until we buy a car. After that, I will pay it towards the credit card. That $50.00 is in addition to what is listed in #1 above.
I am not doing the Uber challenge, but I am doing a challenge to pay off cc #1 THIS YEAR! Yes, this is the year I go debt free of cc #1.
Tomorrow, I get paid again. I have already allocated for the mortgage, cc #1 payment, paid the water/sewer bill, and made a deposit to savings. I still have to buy gas for the car, groceries, some replacement kitchen items, and health supplements.
$3.00 to cc #1 from pinecone check
$79.00 to cc #1 from my pay
$119.00 deposit to savings ($30 to car, $30 to house, $30 to professional, and $29 to medical)
I indicated in my last blog that I removed my husband from my health insurance because the rate went up so high. He is a vet, so he does have access to care, but we won't have health insurance on him anymore. I am saving $29.00 per payday to the medical savings to allow for any significant medical expenses (not co-pays).
I found $.03 on the ground this week. I will use that at the store on Saturday and make a payment equal to the store savings and cash to cc #1. See you later.
1) Pay off cc #1 by 12/31/2017. To do this, make at least $225.10 in payments monthly ($79.00 per payday from my paychecks and $67.10 from my husband).
I made some significant changes in my health insurance enrollment at work because health insurance premiums for myself and my husband went from $111.00 to $163.00 per payday and my dental went from $0.00 to $6.00 per payday. So, my husband asked me to take him off of my health insurance. This will result in about $80.00 less being taken from my pay each payday. My plan for this "extra" $80.00 is to send $40.00 to cc #1 and put $40.00 in medical savings for any out of pocket potential medical expenses.
2) Continuing contributing to savings as normal.
3) Contribute any survey money, rebates, coupon savings, and credit card rewards to cc #1 payoff.
4) Grow as much of my own food as I can. Buy as much other food from organic local sources. This will help me to eat as clean as I can.
5) I will continue to use a refill fountain cup as a way to challenge myself to spend as little as possible on beverages. I will funnel my savings to cc #1.
6) I will continue to use my pocket change as a way to pay part of my grocery store bill.
Hi, everyone. I have been doing really well with unplanned spending and also using cash for purchases like iced tea at the convenience store. Because I am doing so well, I am sending an extra $5.00 to cc #1.
Old 52 Week Challenge Balance: $2818.93
$5.00 extra payment to cc #1
New 52 Week Challenge Balance: $2823.93
The cc #1 balance is now $2963.30!!
Hi, everyone. My credit card payment came due again on Friday and despite all the hard work I did at paying a good off, about $30.00 in finance charges were added. It's not even close to maxxed out. I think I need to verify the interest rate, because it's supposed to 12.9%, so the interest amount seems high. This interest brings the balance to $3157.00. Ugh!!!
Anyway, I recently got a Pinecone check of $3.00, so I sent it directly to cc #1.
Old 52 Week Challenge Balance $2364.23
$3.00 Pinecone payment applied to cc #1
New 52 Week Challenge Balance: $2367.23
After the payment, the cc #1 balance is $3154.00.
I should add to the above that no recent purchases were made to cc #1 which did not get immediately paid for.
Hi, everyone. I am celebrating here today! CC #1 balance is under $3200! Woo-hoo!
Old 52 Week Challenge Balance: $2221.23
$3.00 Pinecone check
New 52 Week Challenge Balance: $2224.23
New cc #1 balance: $3198.75
Hi, everyone. I used cc #2 recently to buy something and got 1.5% cash back. Woo-Hoo! I have already requested a credit to the account to help pay off the balance that is there.
Old 52 Week Challenge Balance: $2198.63
$2.60 rewards from cc #2
New 52 Week Challenge Balance: $2201.23
Hi, everyone. I get paid tomorrow and so more money is going to savings, retirement, and debt.
Old 52 Week Challenge: $2041.93
Regular Savings Deposit $40.00
Car Savings Deposit $20.00
House Savings Deposit $20.00
Medical Savings Deposit $1.00
Tax/AAA Membership Savings Deposit $1.00
Tax Prep Savings Deposit $3.00
Escrow Savings Deposit $5.00
DH's payment to cc #1 $66.70
New 52 Week Challenge: $2198.63
This brings cc #1 balance to $3221.75.
I have a Pinecone deposit coming in a day or two. I will send it directly to cc #1 when I get it.
I checked my checking account today and found a $0.99 rewards deposit. We get these when we shop at certain stores. Of course, I sent it directly to cc #1.
Old 52 Week Challenge Balance $2040.94
$0.99 rewards deposit
New 52 Week Challenge Balance $2041.93
This brings cc #1 down to $3288.45.
DH gets his check tomorrow. I went send $66.70 of it to cc #1.
I got some snowflakes earlier this week, so I am reporting that and amounts for my payday tomorrow. I have decided to save in advance for our fees to have our taxes done, as every year, it seems to creep up on us and I wind up taking it out of regular savings - not good. Here are my numbers:
Old 52 Week Challenge Balance: $1791.20
mrrebates rebates totaling $11.04
cc #1 DH's payment 5/2 $66.70
regular savings deposit for 5/6 $40.00
slush deposit 5/6 $20.00
car savings deposit 5/6 $30.00
hvac savings 5/6 $7.00
2016 tax prep savings 5/6 $6.00
AAA/prop tax savings 5/6 $10.00
medical savings 5/6 $6.00
cc #1 payment 5/6 $50.00
New 52 Week Challenge Balance: $2037.94
This is amazing. I have saved or paid off more than $2000 and it's not even June yet!
I am doing a food challenge this week and next to see how little I can spend on food for my lunches and such. I am growing my own kale, lettuce, and green onions, so I have plenty of makings for lunch during that time. I will have some pocket change to put towards my grocery bill and will send the matching amount to cc #1.
I also have a $3.00 payment coming from Pinecone, but I will add it in when I get it.