Sunday, April 28, 2013

$25,200

That's how much we paid for our brand-spanking new tractor with loader that was delivered yesterday. We bought a Kubota 5100. I'm not exactly sure how much our payments will be because we're going to put it on a line of credit. We hope to pay it off this year. We will do this by selling Y's motorcycle for around $7000 and focusing on it next.

Sunday, April 21, 2013

Eating Sushi While Pregnant?

I really, really want sushi. Traditional Western medical advice is to avoid sushi completely while pregnant.

However, I wonder if all Asian women really avoid sushi while they're pregnant. Obviously they have healthy babies.

For the record, I'm pretty by the book about pregnancy advice. Caffeine is the only thing that I have not completely given up and I've really cut back what I consume.

What do you think? Do you think its not worth the potential risk and to wait? Everybody you know ate sushi and had healthy babies?

Saturday, April 20, 2013

Pensions

Both Y and I are very fortunate in that we both have pensions. He works for the public sector but I do not. I also have a 401k with a 5% match. Y has a 457 plan without a match (a 457 is basically a 401k for for the public sector).

The formula for my pension is an average of the last 5 years of service and you take 1% of that times years spent working for the company. For example, if my average for my five last years is $100,000. It would be 1% of that or $1000 times years of service--lets say 30 years. I would get $30,000 per year indefinitely for my pension.

I love my company and definitely plan to stay with them. Many people retire with over 30 years of service. If I ever need a change in jobs, there is plenty of room to change within my company.

Do you have a pension?

Sunday, April 14, 2013

Contemplating More Debt: Argh!!

We are actually contemplating taking on additional debt, to the tune of around $15,000, for a new compact tractor. We currently have a very old tractor that we have used for our snow removal. The issue that we've ran into are the cost of the repairs and the high maintenance costs. We don't foresee those things changing in the future with this tractor.

The cost of the new tractor with loader will be around $26,000. We would prefer to buy a used tractor but they don't often come up for sale and don't depreciate the same as vehicles. Yesterday Y found one that was very similar but it was 12 years old and only $5000 less.

The plan is that we will sell our current tractor, old farm pick-up, and Y's motorcycle. Hopefully, we will get at least $11,000 for those three things.

The other positive thing with buying a compact tractor now is that  we can use it for landscaping. We had planned for that to cost us around $3-4000. We are unable to use our current tractor for that because its far too heavy to fine grade our yard.

The main issue is that I just don't want any more debt. Right now we have our mortgage, my car at 0%, and my small student loan.

What do you think? Stupid idea? Go for it?

Saturday, April 13, 2013

Coming Out

I had a scary dream last night that I had to come out on my blog. I immediately wanted to delete all of the in-depth finance posts. In real life, I'm a very private person about my finances. I've never told any of my friends how much we make or pay for anything. That's why I like blogging. Even though I rarely do net with posts, you can still probably get a good idea on where we're at with things.

I will probably never out myself on this blog. Nobody in my real life needs to know this much financial information about me? How about you? Are you public? Plan to be? Never?

Sunday, April 7, 2013

What Do People Eat?

When I read other people's blogs, I'm often confused about how they can spend so little on food. Do they buy mac n cheese for 4 for a buck? And then mix in venison (in my neck of the woods this is often a free or low cost meat)? Or do they just not really eat? Do they only drink water? Are they all Extreme Couponers? Secretly on food stamps?

We could eat for $200 for a month but it would mean that we would be eating out of our well-stocked freezer and pantry. We would be limiting milk, fresh fruits, fresh veggies, and cutting out soda completely. We could easier cut our grocery bill in the summer when we can get pretty much all fruits and veggies from our garden.

We usually spend around $550-600 per month and I don't think we could cut our grocery bill to under $500 for more than about a month. We would be running out of too many basics. Our grocery budget does include basic cleaning and paper products.

Do you ever wonder about the very low amount that other bloggers spend on food? Don't you wish you could see what they are eating and what's in their fridge? Am I the only one?

Sidenote: Now that I'm preggers, I find myself buying much more random stuff regularly like mangoes and avocados. Oh well, if I'm wanting good stuff for me, I'm sure not going to hesitate now.

Tuesday, April 2, 2013

April 2013 Goals

We met all of our March goals so now we're onto April....
  • Pay state and federal taxes
  • Pay extra $2000 to my student loan
  • Put $500 into savings
Short and sweet but I want to keep our main focus in the student loan. Right now the balance is about $3300.