<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > Category: Fun
 

Viewing the 'Fun' Category

Sent in my final car payment!

May 16th, 2014 at 07:13 pm

I spent about 2 hours yesterday figuring out the whole title thing. It's all going to work out as far as me receiving the title then I'll worry about changing insurance the registration etc once the title shows up. I'm not sure what the process is for that but I'll find out soon enough. One step at a time!

My refund from the medical bill still hasn't come in yet so I'm just going to apply that money toward my goal of saving up enough money to pay off the car insurance in full.

I took a few bucks and make a small payment toward our upcoming hotel stay and I was able to make a $20 extra payment toward my student loans which feels pretty gosh darn awesome.

As of Monday my car loan is paid off about a year and a half ahead of schedule and 6 months before even I intended to make it happen.

I should be getting 2 more if not 3 more checks out of this job and then there's the possibility of being picked up for a new project. Either way I just put myself in a fantastic position to be able to make it by longer on my part-time position if it comes to that.

I was also able to set aside of few bucks for myself which is nice. I'm going to plan to do that for the next paycheck as well.

It almost doesn't feel like its anything because I scrapped by and obsessed a little too much about getting to the finish line but I'm sure once the title comes in and I'm changing things to reflect that the vehicle is mine outright it will be a little more real.

If I get picked up for another project soon that would really help me keep up this progress. Either way I am happy to have reached one of my 2014 goals! Hope everyone else is having a lovely Friday.

Starting to see the light at the end of the tunnel

May 2nd, 2014 at 10:58 pm

Today was an interesting day. I reworked my financial plan so that I'd be able to make a large payment on my car loan. I made sure I paid myself first and had the minimum I need for spending money too.

It is like stepping into the world of the unknown. The real actual end time of the project is fast approaching. However, I have been living like a pauper since February when I decided to aggressively pay off my car loan. I felt sad and deprived at first for cutting out the last of the indulgences I had allowed myself. A cookie here, a coffee there, a little meal out.

But now its become a habit. I make my own iced drinks unless I've earned a free one through rewards programs. I pay cash for all expenses so they don't loom on my credit card. This will serve me well when the assignment ends because not much will change as far as expenses go.

I started saving small amounts for the things I want and I should be able to do so even with the part-time job only.

In a weird way I feel somewhat free. It is crazy to think I just made another payment on my car that is more than my rent payment. But then it also feels liberating to know that if all goes well by the end of May, I will no longer have a car payment.

Even a year ago this wouldn't have been possible. I am worried of course as that is my nature but also excited. I have savings and a plan.

If everything works out that will be great. If not there are very few payments left on my car and I'll dip into my savings to make it work if I have to.

It's comforting to hold on to the thought that everything might be okay after all.

Payday

April 18th, 2014 at 08:31 am

Well not an exciting paycheck for sure.

I charged up a stay for our upcoming trip on the 0% card so I made my first payment to that.

I had a deficit in my bill account because I forgot I needed an extra month cushion, I used most of my check eliminate that deficit.

I have another deficit in a monthly expenses savings account which I was only able to contribute a dollar toward in this check but its still better than nothing. Next check I should be able to put more.

I was able to keep all my savings including retirement savings goals which was nice.

I was able to set aside a little money for our anniversary, plus some money for a b-day gift I will be sending out shortly.

I did not have enough to pay a lot extra on the car but I could make it an "even" amount.

Next check's goal is to make sure I am able to cover the bills and fill that other deficit.

This check and the next are going to be short checks due to the lack of hours as of late but no worries. I may have been hit by a truck load of bills all at once but I have a plan for making sure they get paid off even if I am just merely underemployed.

Starting to dream about quitting my part time job

March 24th, 2014 at 05:50 am

My part time job is starting to get in the way of my assignment in a big way. And now I may have to take some time off to help my husband after his surgery. I'm at the point now where if they try to be inflexible about this I will just go ahead and quit. I am sure not going to tell my husband that I have to go tend to my part time job and he is just going have to be on his own.

My assignment has noted that they would like to pick me up for future assignments and there are already some plans in the works. Which is promising although I have been told that before.

On the one hand it seems silly to quit after putting up with it for so long and beside that it would be nice to have some income other than savings when my assignment does end (assuming I do not have unemployment.) But after working two jobs for more than a year now its really starting to take a toll on my well-being.

I feel like I am at the half way point though. Almost done with the car payments. Starting to finally save toward fun goals etc and losing the part time job would mean I'd have to take money much more money out of my regular check to fund my emergency fund which would live little breathing room to save for all those other things that I just started saving for. It would be tight unless I had overtime in each check. So now its a matter of living even more frugally than I already am or continuing to give up all my time to have that little bit of extra money.

I will stick with it if they agree to keep my hours low, and give me the time off to care for my husband. But if they don't it may be time to part ways with them. I do have other companies that I can do work for doing small temp jobs. And I may be able to make it by on unemployment.

Either way I think I'm going to set a tentative end date of this December. If everything goes well and I'm still working two jobs after this conversation with them than I will keep working with them squirreling away enough money to hit the 12 months worth of expenses mark which I could save up by then if I did it aggressively I'm already a quarter of the way there if I don't count my emergency fund. If I hit my mark in December I will quit my part time job and regain my sanity.

Everything happens for a reason

February 14th, 2014 at 07:53 pm

Well I am hell bent on my car goal. But I went a little cuckoo for a while and tried to convince myself I should have/deserve an item that would have cost thousands.

Then I sat down and crunched the numbers. I would have had to wipe out one of my savings accounts and half of another to get a discount on the item or put it on a credit card and take on several hundred dollars of interest.

After the truth hitting me and realizing that I only realistically have another month or so of gainful employment if I am lucky I realized that I don't "deserve" anything. I choose what I want and I have worked so hard to get this this point financially. Why blow it all on a purchase that I cant comfortably afford.

I realized its a self-sabotage thing I do every time I am close to the end of an assignment. I do something that I shouldn't do financially and pay for it dearly while I am unemployed. Of course in the past few years its been not that bad in the last assignment I paid off a high interest credit card and then bought myself an item worth several hundred dollars when I could have had a wee bit more in savings.

This time I almost wiped out half my savings to get a item negating months of success saving and completely eliminating credit card debt.

I also thought to myself why on earth am I willing to wipe out my savings for this item and "make it up" in the last two checks, but unwilling to make large payments on my car/into savings and keep what I already have saved as well.

I crunched some numbers and I can affordably make two large payments out of my next two checks so that I am on track for paying off my car by the end of the year as per my goal and promise I made to myself at the beginning of the year. And I can do this just on the part time job income if I get no unemployment.

I was elated. If I had not gone crazy and tried to buy something I could not afford I would have probably never figured that I can reach my goal and keep my promise to myself.

This is not the first time this happened. At my last assignment I was about to start investing for equipment for a new hobby when I realized that for the money I was willing to sacrifice and spend on it I could actually pay off my high interest credit card.

I think that move now almost two years ago pushed me in the direction that I am in now. Every success comes with that one first step forward.

Rather than condemn and chastise myself for wanting that item I am just going to shelve the idea and stay on track. Who knows maybe in a year I can afford it? Or maybe I'll just forget about it which is fine with me too.

Either way 2014 just got a whole lot brighter for the path eliminating debt and continuing to strive for financial independence.

Back on track

January 10th, 2014 at 08:47 am

It has been a crazy December having a balance that seemed to replenish itself every time it was paid off. But now its January and a new year.

The camera is now paid off and even though it was a low paycheck I was still able to put a tiny bit toward savings and the car goal and retirement.

Have to say I'm not doing too bad. Hopefully this cold will taper off and then I can put in some overtime hours to get closer and closer to my goals before my job goes away.

Things seemed bleak there for a while but they are okay again. I'm half way through my house organization project and I'm okay with not being able to finish it due to lack of finances.

For one thing I'm not sure of what I want to buy and for another I'm thrilled that I am right back on the if I don't have the money than don't buy it plan.

I'm just happy to know that even if I do get a little of track I can get right back on again. The other good news is that I have been saving money and working toward my goals for so long now that it feels weird to not put away money toward them.

I'm thinking that by allowing myself to get that camera I can focus again. Before it seemed like an endless tunnel of no fun and like I would never be able to get what I want to get and only things I need. But by allowing myself to get something I've wanted for two years it seems that I feel a little more upbeat now and happy.

I have also decided that at some point soon I will allow myself to buy some clothes as I have very few. Yes I need to lose weight but I need to have something to dress myself in the time being! Hope everyone is doing okay in the post holiday/trying to keep up with their resolutions January.

Shucks

January 2nd, 2014 at 06:13 pm

Well it turns out I didn't have as much as I thought I did in the next check to pay off my new camera. It's okay though I'll just do it in two payments it won't be due until the end of this month anyway.

Other than that no hickups in the plan. Still putting money away paying off loans etc. Looks like I'll be employed til Feb. The goal is to save up another months worth of expenses and send more extra payments to the car.

Jan is a wash due to the new toy but Feb should be good maybe after all this there will be another job. One can only be hopeful!

Christmas grrr

December 13th, 2013 at 06:55 pm

I am still working at my temp job which is lovely. But I decided to do a little extra for Christmas which has put my put extra payments toward my car plan on hold.

But good news is I'm still contributing to my IRA, toward my EF and x amount of expenses month fund while keeping my cc balance manageable. I put some Christmas things on there for the reward points. It was great to see that high balance disappear just as quickly as it was charged with now rewards all for myself. I'm hoping that I can get my EF back to at least 2K again before the end of the year and fund my savings account for 4 months of expenses. That would be grand!

In the meantime I'm working in my resume to get my next gig all lined up so I can keep this financial stability going into the new year! And trying to restore balance by getting back to the gym. Need something to get all this energy out.

Discretionary spending is part of the budget too!

November 13th, 2013 at 04:11 pm

I just bought a personal finance book that helps me figure out how to save money with my irregular income. Now that my credit card debt is paid off I wasn't quite sure what to do next.

The answer seems to be save. But I have charged some things to the card the past two weeks. I felt like a failure til I read this book and realized. I wasn't setting aside enough money for what I actually spend each month.

So I calculated out that number and its isn't that much in the grand scheme of things but I'd like to lower it. For now while I still have steady cash flow I'm finally going to accurately allocate money toward my spending trends each month (groceries, eating out, entertainment, shopping - as in buying clothes, a kitchen tool etc)

I'm hoping now that I'm not trying to put every penny toward those other credit card payments by giving myself an realistic "allowance" I can now not feel deprived and use everything that is left over to reach my goals while sitting being able to put gas in my car or have one coffee a week if I choose.

I do worry that I will not save enough before my assignment ends but I haven't finished the book yet either.

My goals for this week's paycheck are:
-Pay off the groceries I charged to the credit card because I ran out of money
-Give myself an allowance so that next week's groceries won't end up on the credit card.
-Plug those holes that have left me just short of the 3 month expense goals.
-If anything is left over apply it to your other financial goals.

And for myself I'd like to finish reading that book. A part of me wishes I had come across it before but in reality I'm happy I did enough on my own and got to a positive point where I realized now that my credit card debt is gone I need to come up with a system so that I don't mismanage my new found "extra money."

Looking at the big financial picture I really haven't done too badly for myself. But I can always do better. This whole financial security thing seems to really suit me lol.

Frugal Social Outing

October 20th, 2013 at 07:12 am

Today I did an event that I have done for the past few years. The difference today was that I spent much less money than I had in previous years and I stuck to my guns. It was pretty great. I have to say frugal fun can be fun too. Smile Plus its great to leave the day without a credit card balance.

You can't always get what you want

October 4th, 2013 at 07:19 am

Today at midnight my one check came in. I had to take so much time off from my part-time job that I didn't even get a paycheck for it this week. I was so worried about this week because my regular paycheck from my contract job would also be short and I had to pay off the balance on CC1 (now clear), and I really wanted to make a large payment to CC2 (now marked as CC). I signed up for a pasta class at my local Sur La Table and I had two more in mind that I wanted to do. I wanted to do a run and another fun event. Plus I have a doctor's appointment coming up and an appointment to check out my car plus having to fill it with a full tank of gas.

I was sitting here racking my mind trying to figure out what possibly way I could do all these things and then it really hit me. I told myself: You don't need to do all of these things and you cannot afford it! You would have to charge it and since charging it would deter you from paying off the cc balance then you cannot afford it. Besides that you have a finite amount of time at your regular contract job. You do however need to refund your EF and you need to pay down your cc balance. You are just going to have to pick a few things and let the others go.

It's just hit me if I want something I will just charge it or try to save less etc to make it happen but right now having paid off two credit cards and being so close to paying off another I realize in order to stop having a balance I need to only get things that I can afford right now, at this moment. Yes there are things I could afford and I could charge them and pay them off by the end of the month but doing that would just take away from paying off a long standing balance on other card. The past two months I have screwed myself out of paying off that card and months before that I was building up an EF. Although I don't feel bad about the EF since if I had paid off the credit card the cost of my medical bills would have just negated what I paid off putting me right back where I started.

I'm just wondering why its been so hard to tell myself no before. Why I couldn't just put my foot down and stick to the plan. Maybe its the whole growing up thing. Maybe its the fact that after paying off my credit card debt once the easy way and now the hard way I've learned my lesson and can finally use them responsibly. Whatever it is I'm glad that it happened and that I am sticking to my guns. Yes I would like learn skills in cooking classes and do fun runs. But I can imagine how much happier I would be in that cooking class knowing its paid off (like the one I will be attending) or doing that run knowing that I was able to pay for it with a debit card than having it sit on a credit card with crazy interest.

I'll be much happier doing these things later when I know choosing to do something fun didn't impede my being able to make a payment that could help to wipe out my debt.

I'm so glad I'm finally sticking to a if you can't afford it than don't buy it plan.

Take me out to the ball game

September 25th, 2013 at 04:57 am

Well its a good and bad thing but really a good thing. After shelling out thousands for medical bills and going through pain and then a nice recovery I finally decided to shell out money on something for me that's fun tickets to a baseball game! The good news is hubby and I are splitting it and its well within my means to pay for it. As in he'll pay me for his ticket.

The bad news. I put it on a credit card so I could get rewards for it and also since I won't be able to pay it off til next week when my paycheck comes in. It's only $100 so its really not breaking the bank and I'll still be making the same large payment to my other large credit card balance and putting the same amount of money to refund my EF. It just digs into next weeks spending money a little which is fine with me.

It just feels so nice to do something fun for once it is also awesome that's its not something I splurged on but can't pay off right away which is really great and I'm getting rewards for it too. The credit card is already back in its hiding place so I don't take it out with me to the game and buy dinner, beer etc etc. I'm bring x amt of cash with me and then that's it. No more messing around with my budget! If I want this debt to be gone I have to work at it but at least that doesn't mean giving up all (affordable) fun in the process. Smile