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Summer didn't turn out as we thought it might

August 19th, 2024 at 10:08 pm

We finally got the AC repaired and it did cost us a little extra. We were fine with that but also we've been spending time in another state with my elderly mom. She's been having health issues that might impact her ability to live independently. I have a sibling there who works full time and is also working on a doctorate degree. 

We did buy our van, set it up and took a brief trip but otherwise we've used it while we've been out of state with my mom. We thought we might keep track of the days we've used it instead of a hotel room. So far 13 days and that's a good savings. 

I'm back to work next week and so I'm pushing my way through preparing. This included taking a big bin of paper to be shred to the credit union. I'm grateful for the complimentary service. 

Our old home is sold

June 19th, 2024 at 12:04 am

Our old home is sold. The balance of the proceeds is in the HSA until we make decisions on things. I'm hoping to save some of it. We're planning on buying a van for travel and buy a few things for the new house. Summer is for rest and recovering from the year. Our AC is currently out and it's nearly been a week since we called the warranty company. We knew the furnance and the AC was original and so we wait for replacement. I hope it won't take as long as the furnance did this winter. We're hiding in the lower level where it's as cool as it can be. 

Are You Rich?

January 7th, 2024 at 07:03 am

I found this really interesting interactive article in the Washington Post - Are you Rich?    I hope this link worked.  If not, here's the link to copy and paste. https://www.washingtonpost.com/business/interactive/2024/are-you-rich-american-wealth-net-worth/?fbclid=IwAR3HXcCb5xnufXwSrBIi5ZqDoxXlk_0AhaDGLB71xS-gaghokhNXeSi_sz8 

 

My net worth is higher than 86 percent of American households, more than four times that of the typical American household.

My household’s net worth is close to the middle for households like yours. 

Compared to households like yours, you have a very low income and a net worth near the middle.

You hold a greater portion of your assets in retirement savings and a smaller portion in cash, your home and investments than the average household with similar levels of wealth.

I feel pretty proud of that. 

 

health insurance premium vacation

March 3rd, 2022 at 12:00 am

So I work for the state and because of covid, there was less usage of health insurance so they decided to "give back" the surplus as a premium vacation. This month of March we don't have to pay our insurance premiums. I think that will reflect around a increase of $250. I'm not sure what our plans will be for that. I know my spouse wants to purchase a different couch for our main floor. When either of us can't sleep well  (sick, wiggly, insomnia) we leave. I go to our lower level but they don't feel comfortable there so they sleep on the couch but it's not comfortable for sleeping.  I'd rather not have to buy a new couch when the one we have is perfectly fine except for the need to sleep there.  They want to get a small sectional and to be honest, I hate shopping. 

Welcome back!

January 31st, 2022 at 09:55 pm

There's been a few folks who have been gone for a while....or maybe just not posting. Folks who haven't posted in a long time, one more than a decade. It's fun to read about them catching back up here. Congrats on your retirement Priceplus!  And just like Commute I-78, I like looking back too. 

Nothing here happening too much. My household is tracking our spending this month, next month we'll get a little more granular about the spending. It's been good for my spouse and admittedly they are paying better attention to how they spend money. What a great bonus! I usually do the bills but I always think it's important that we both know what we're spending and how to pay for it. If anything happens to either of us, we should know how to manage independently.

This week we're meeting with an attorney to figure out wills and other legal documents. We've been having some of those challenging conversations about end of life and etc. It's good to do this planning. 

property tax refund

September 24th, 2021 at 04:39 pm

It's been forever since I received a property tax refund. We're supposed to get one this year. A few months back we received a letter than we had to fill out so I'm guessing it delayed it some. Normally the refunds are sent in August. I've got to go find the paperwork that will tell us what we should expect to receive back so I check the "where's my refund" page. It's supposed to be like $400 or so. 

My spouse injured their ankle about 7 weeks ago, this has put more on my shoulders around the house. It's been a bit tough. We fortunately know a friend who works for an organization which takes things like shower chairs and crutches and sends them overseas. Instead of purchasing the following, our friend brought them over - 2 shower chairs, crutches, walker and a knee scooter. We will give them back when we're done with them. What we have purchased was numerous pillows, socks and elastic bandages to support the ankle. MRI was done this week so hopefully there will be confirmation that all is good and healing is happening. 

It worked

October 26th, 2020 at 08:51 pm

So we're doing okay here and I did write a post that got lost in the switch over. I don't remember exactly what I wrote about but my spouse and I have talked about a challenge of a month of trying to spend as little as we can just to see what we can do. We have mostly fixed expenses and some food. We'll see how it goes. If we do it, I'll report back. 

3rd times the charm

October 23rd, 2019 at 11:35 pm

So the house went back on the market on 10/11 and we ended up with one really low ball offer which we countered up and then a second one a day later so we could call for highest and best which resulted in a purchase agreement. We expect the close date first week in December. It's not as good as the first one and frankly, I forget the amount of the second one. I just really hope this one goes through. I'm going to be holding my breath until it's finalized. I really do want to get back to a place where we don't worry too much.

We have just a couple of things left in the house and the garage to empty, perhaps 3-4 loads.

I'm really looking forward to a month of just one house so we have an idea of what our normal expenses will be. I tend to take the income subtract all the fixed expenses and then the rest gets put back to savings.

My spouse is heading to Indiana for a week to lay eyes on her brother. I'll be on my own which is rare but it will be good.

We're also still in the game, we have not turned on our heat yet. We're in the same state as CeeJay!

fake winter

October 12th, 2019 at 03:43 pm

That's what I'm calling it. It's 33 degrees outside and snowing. We're inside at 62 degrees and the heat is still off. Next Friday it is supposed to get back up to 62 degrees so I'm hoping we're still in the game. It helps to live in the middle of other connected townhomes.

Thanks for the links Ceejay, is there a way I can re-insert them into my blog? back date them?

It's the little things

January 10th, 2017 at 10:08 pm

So I've added Ibotta and more recently checkout51 to my phone. What other little things do you do to help save money?

My biggest money maker this year was my refund from the costco credit card. Bigger than I've ever had from am express.

Learning to manage money

July 25th, 2015 at 08:42 pm

I grew up in a family where we didn't value stuff. It was more about valuing experiences and people more than keeping up with the Jones. Both of my parents were social workers and thinking of others was important but so was living the life we have chosen versus trying to be boastful or prideful. It would seem that our family was religious based on our judeo christian values but religion didn't come into our family until later(another story and only includes some of my family).

My parents gave us allowance and I often spent it as soon as I got it as a child, usually on sweets. My parents (or maybe my father specifically) really believed in children developing their own autonomy so as children we were able to make a lot of our own decisions. My mother didn't work until we were all in middle school so she kept expenses down by doing more (home cooked meals, gardening and etc) instead of buying more. When she went back to work, all the family pitched in for housework because her extra paycheck would allow us more luxuries. I don't know how they did it because I saw my late father's Social Security Statement for his income and it was never above 40k. This was very surprising.

I started my first job(waitressing) when I was about 16 and used tips for spending money and banked all my paychecks. I usually always had some money in a savings account. I lived at home until I finished my 2 year degree. Within 6 months of completing my 4 year degree, I was pregnant and married. We lived in low income housing for a couple of years and then with the help of my family, purchased a home. When my son was born, I expected to go back to work but when he showed up, I fell so absolutely in love with him, I couldn't. Daycare would effectively zero out my wages so it was more worthwhile to me, to learn to live on one income. Thankfully, Amy Dacyczyn of the Tightwad Gazette helped me through those lean years. It also helped that I could delay gratification very well. I learned how to stretch money based on watching my family but also being motivated(public library is your friend for research!) to stay home with my son when he was a baby.

Speaking of Amy Dacyczyn, I just came across this blog post about one of her now adult daughters about growing up her family. It's very interesting to see her perspective then and now. http://thefrugalshrink.blogspot.com/2013/05/dacyczyn-interviews-jamie-part-1.html

I do think I was very lucky to have already been ok with a lower cost lifestyle based on what I grew up with. We went camping, to the library and to free events at museums or in the parks with our picnic lunches instead of hotel vacations, cable tv, restaurant dining and the like.

How did you learn to manage your money?