What if we Dave Ramsey'ed Now?

We could get out of debt now if we were gazelle intense. But would it really help us out? We have 2 debts, my car ($7800) and tractor ($22,000). We also have $9300 in savings. We could pay off my car with savings and still have the recommended $1000 emergency fund. Considering we just bought the tractor for $29,000+ and they don't really depreciate like cars, I'm confident we could sell it to cover the loan.

Where would that leave us? We would have paid off a 0% interest loan and not have much in savings if one of us did lose a job. We wouldn't have a tractor loan but we would have no way of moving any snow this coming winter. We may be able to save up for a new tractor but not likely the whole thing before snow falls.

We would be debt free except for our mortgage but its very debatable if we would be in a better position.

What do you think?

Happy Father's Day

Happy Fathers Day! I hope you all had a great day. Its been a very rough weekend for me. I have had a terrible cold that has bordered on the flu for 10 days now. After coming home from work early on Friday, I slept for 24 hours. I just don't seem to be getting better. I hope I feel better soon.

Lil Punk has been such a sweetheart. She rubbed my back last night every time I coughed and said, 'Its okay Sweetie." Sometimes when she's naughty, I forget that we must be doing something right.

I just hope I feel better for this week.               

Weekly Spending 6/14.13

I'm kinda liking doing these spending reports weekly because they do make me think about my spending more closely.

Groceries 80.25
Beer 43.58
Eating out 28.38
Gas/car wash 68.93
Bar stools 39.99 (I had a $200 gift car)
PTO shaft 174.01 We borrowed our neighbor's tiller and Y lost the shaft when returning it. Expensive mistake but we spent at least 6 hours looking for it with no luck.

Total of $435.14. Excluding the PTO shaft, we spent $261.13. Not too bad.

Somebody is coming to look at Y's bike tomorrow. Fingers crossed that they buy it.

Calculating Net Worth

I don't post my net worth on my blog but after reading numerous blogs about their June 1st net worth. I decided to calculate my net worth just out of curiosity. This is my dilemma. What all do people usually include for physical assets? All vehicles? Motorcycles? I don't feel right about including certain things of value like my wedding ring. I'm not ever selling that. Same thing with my furniture.

What all do you include? All vehicles? Anything else outside of your house or condo?

Weekly Spending 6/7/13

I have not done a weekly spending report for a long time but I feel that our spending is getting away from us and I want to have a better handle on it. This includes all of our household spending, excluding regular bills.

Prescription 5.91
Eating out 13.37
Y fun 16.90
Beer 18.52
Gas 83.69
Target 104.02
Groceries 139.52

Total $381.93

Expensive week. For the Target purchase, Y commented last weekend that it looks like nobody lives in our house because we haven't decorated. We got a few things at Target for the house and I got a maternity shirt. In coming weeks, we will likely be spending more on the house and of course maternity clothes.

How was your week?

Tuesday Tidbits

I'm at home this afternoon with Lil Punk. She has an ear infection. She has been very crabby this afternoon.

Y received a 4% raise that will be effective July 1. Raises are not guaranteed so we're so thankful.

I felt the baby for the first time yesterday. I love that. Its the best thing about being pregnant. I love this baby so much already. In 4 weeks, I will be halfway done.

We received Y's reimbursement from work and applied it to the tractor right away.

I would like to buy drapes for my living room. They are on sale at Kohls and I have a 30% off coupon that starts tomorrow.

I am more than ready for it to warm up here and feel like summer.

Work has been extremely stressful lately. I have been super busy which is good for my pay but it does take a toll on me. Working on commission is hard but I like it.

My veggies are growing so well. So excited! I would post pics but I'm a little incompetent with uploading pics to my blog. I guess it would help if I actually posted from a computer instead of my phone. (hence the number of typos)

Have a wonderful week!

June 2013 Goals

1. Apply Y's work reimbursement to the tractor
2. Increase savings to $6500
3. Pay $2500 on the tractor
4. File for flex reimbursements for dental appointments

If I get all of those done, I will be a happy camper. Happy June!