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Update on Fabulous Progress on 2019 Financial Plan

July 12th, 2019 at 06:50 am

Okay, so today is payday for me, so I have more money going into savings, payments on debt, and bills.

My husband and I recently switched our internet from a big, national company to a local co-op provider. We used to pay around $120.00 per month for unlimited landline plus a mid-level speed, broadband internet. We were not happy, as it made loading pages a nightmare. Eventually, we were able to switch to the co-op. Now, we have gigabit internet plus unlimited landline for $114.90 per month! I am so happy and my husband is too, as he likes to do online gaming and watching shows on tubi.

So, we are spending a little less money on that. Because of that and the fact that I have a raise kicking in sometime in the next few months, I have drawn up a new budget, but I won't implement it until I start getting the new pay. The new budget strives to increase emergency savings and house savings, as we need to do some maintenance and repairs to our house. We will also continue to pay a little extra on our credit cards, but keep our mortgage payment at the minimum.

So, for this payday, so far I put $40.00 into emergency savings, $20.00 into slush, $50.00 into car savings, $50.00 into house savings, and $25.00 into professional savings. I made a $20.00 payment to cc1. I have almost made my goal of saving money in emergency savings. I have about $60.00 to go. I have also almost met my goal for 2019 of paying down cc1 to $3K.

When I go shopping tomorrow, I will use all the cash I have to pay part of my grocery bill. I will make a payment equal to the amount of cash plus my coupon savings to cc2.

2019 Financial Plan Progress

June 11th, 2019 at 08:30 am

Hi, everyone.

I have made more progress on my 2019 goals. My cc #1 balance is now $129.00 lower than last week. Woo-hoo!

I am making some changes to the wording of my goals and blog entries so the amounts of what I have and owe is not so specific.

Update on Progress on 2019 Financial Plan

February 6th, 2019 at 06:06 pm

DONE!! 1) Purchase a used car with saved funds and tax refund by the end of February.

2)Pay down balance on cc #1 by $3000.00 and increase regular savings by $1000 by December 31st. I still have $2K to go on the cc and about $500 to go on the savings.

3) Continue to eat super healthy by growing some of my own food and buy some at the farmer’s market and stores.

4) Contribute any coupon or sales savings to credit card payoff. This is a money game I play.

5) I will also contribute any funds I get from rebates to credit card payoff also.

Bought a Car

February 6th, 2019 at 05:54 pm

Hey, everyone.

I finally got my tax refund on Tuesday.

Today, I bought a 2007 Chevrolet Impala with cash. Big Grin I have not had a car in such good condition in years. I had this car fully checked out by mechanics and it passed completely with a couple of minor exceptions that are easily fixed. It needs new brakes and new windshield, mostly. The rest is just basic maintenance stuff. I am so relieved and proud to have accomplished this goal. It's good thing I found a car in such good shape, because my old car no longer starts as of yesterday.

Tax Refund

January 28th, 2019 at 06:10 pm

Hi, everyone.

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! Big Grin

Car Savings Increased!

January 28th, 2019 at 02:24 pm

Hi, everyone.

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!

2019 Financial Plan Progress

January 24th, 2019 at 05:37 pm

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.

2019 Financial Plan

December 31st, 2018 at 01:21 pm

Hi, everyone.

I am creating a Financial Plan for 2019, not a resolution. I have found resolutions to be too wishy-washy and not specific enough. For example, a lot of people say they want to lose weight or get out of debt, but there is no follow up or plan behind that. The goals must be achievable, measurable, and have a date or “ongoing” attached. So, here is my plan with notes on the steps needed to accomplish it.

1) Purchase a used car with saved funds and tax refund by the end of February. I need about $7000.00 to buy a car in decent shape and pay tax and registration. I have about $5937.00. My tax refund should be at least $1000.00 and I will be putting in at least another $210.00 in savings from payday savings. I also estimate I may get around $100.00 (yes, it’s in that bad of shape) for a trade in. All of that should put my balance over $7300.

2)Pay down balance on cc #1 to $2000.00 by December 31st. To that, I need to pay $228.00 per month on this debt. I currently pay about $200.00, so this will be a bit of a stretch.

3) Continue to eat super healthy by growing some of my own food and buy some at the farmer’s market and stores. Doing this, especially growing my own vegetables, makes a considerable difference in food expenses overall. I will contribute the estimate on what I would save to credit card payoff. Ongoing.

4) Contribute any coupon or sales savings to credit card payoff. This is a money game I play. Ongoing.

5) I will also contribute any funds I get from rebates to credit card payoff also. Ongoing

Got Paid Today and Other Stuff

May 18th, 2018 at 07:59 am

Hi, everyone. I got paid today.

Retirement and savings are up. Debt is down. Here is my update of retirement, savings, and debt. Woo-hoo!

Slush Fund $20.00
Regular Savings $1595.10
Car Account $4307.93
House Account $579.70
Professional Account $318.38
Medical Savings $140.26
AAA/Car Tax Savings $43.01
2018 Tax Prep $18.03
Escrow Account $43.00
Appliances Replacement $27.00
Retirement account $121,033.90

Payday and Other Things

May 4th, 2018 at 06:52 am

Hi, everyone. I got paid today.

My car savings fund is up to $4212.43! My goal is to have at least $7K when I go to buy a car.

cc #1 is at $5483.62.

Car Fund Updated

April 25th, 2018 at 11:24 am

It is now at $4127.25! I am so excited.

Car Fund Updated and cc #1 Down

April 22nd, 2018 at 07:27 am

The car replacement fund is at $4,062.25. This is not counting future anticipated funds or the value of selling or trading in my car.


cc #1 is at 5597.43!

Car Fund Updated

April 12th, 2018 at 06:46 am

$3987.25!!

Car Fund Updated and cc #1 Down

April 8th, 2018 at 11:30 am

Yesterday, I saved $27.00 at the store when buying groceries. I divided that up between cc #1 and the car fund.

cc #1 is now $5532.75

car fund is now $3970.25