Monday, September 29, 2014

Monday Money Post

Tomorrow is our payday.  Have I ever mentioned that I don't care for having the same payday as Y?  I wish our paydays were spread out so we could have income coming in more than twice a month.

I looked up my paycheck amount today and Y's is always the same.  I deducted the amount for daycare ($800), for our savings account for irregular expenses ($200) and for the Lowes card ($373) to pay for our blinds in full.  I paid $300 earlier in the month for our Lowes card.  I just got the bill today but I often pay ahead of the bill.  I will also put $400 into savings tomorrow.

I've made a couple payments for the pickup and that now stands at $14,500.  Our investment account is at $11,000.  Prior to year end, I would like the investment account to be $20,000 or at least more than the pickup loan.  I don't regret making regular payments on the pickup while chunking more of our money into investments.  I can't wait to get a sizable amount in there that will actually grow.

I was hoping that my 401k would top 50k this month but it looks like it won't make it.  While that's a bit disappointing, it is better to buy shares at a discount.

I still have to total all spending for September but I think it should be pretty good.  I had quite a bit of grocery spending this past week so we start October with a full pantry and fridge.  I'm also focusing on using up all garden produce.  My tomato plants are still producing like mad.  Everything else has pretty much wrapped up at this point.  I'm already tentatively planning for next year's garden.


Wednesday, September 24, 2014

Kids Expenses

Lil Punk is starting to have some of her own expenses outside of daycare.  Now that she is in school, there are school lunches and daily milk that total $2.05 per day.  She has mentioned that she could also eat breakfast at school.  That would be an additional $1.50 per say.  Up till now, she has eaten breakfast at home but its nice to know that option would be available if we don't have time one day.

She also came home one day selling magazines.  I did buy a couple as it was a good price.  I bought All You for 2 years for $21 and one year of Organic Gardening for $15.  I didn't go around and ask people to buy magazines though.  I have no interest in peddling magazines for my daughter's public school.

She finally starts gymnastics today.  She has been on a waiting list for awhile.  There is a $20 membership fee and a $30 fee for every 4 weeks.  It certainly isn't cheap.  We're hoping that gymnastics helps her socialization.  She has always been in daycare but the transition to kindergarten isn't going well.  She says she hates kindergarten except for lunch, recess and doing art projects.  I hope that as she makes more friends, it will get better for her.

What do you pay for your kid's school lunches?  I'm just curious.

Monday, September 22, 2014

Celebratory Dinner

Y and I went out on Saturday night to celebrate our retirement milestone.  We went out for dinner with two other couples and went to a concert. It was so much fun.  Y's folks watched the kiddos and we went there after dinner to feed Baby G.  We walked to their neighbors' house to get the kids.  One of the ladies there asked us where we were going.  When I replied that we were going to the concert at the Fireman's Ball, she gave me tickets.  That saved us $20 and it was BYOB so a cheap night.  I had so much fun hanging out with friends.  I had forgotten why we don't do that more often until the next morning.  I wasn't hungover as I only had one drink but was super tired from going to bed at 12:30 and waking up at 6.

We are going to make it a point to go out at least once a month.  I think that is reasonable.

Happy week!

Friday, September 19, 2014

OMG...Jealously??

I reactivated my Facebook account to get on the local classified page.  I happen to see that one of my friends rented a stretch limo for her kids' birthdays.  Guess how old they are?  5 and 8!!  Wtf?  I immediately felt a bit of jealousy.  This friend is the "perfect" mom.  Her kids are in several activities and are just the perfect little kids.

My kids are wonderful, BUT not perfect.  Currently they are not in any activities.

I deactivated my Facebook account right away.  I don't need to feel like that and I do feel that FB is one big competition.  Paint the perfect life for everybody to see.

Tuesday, September 16, 2014

Investing our EF

I love the 15th of every month because its my commission check.  I usually have an idea of how much it will be but I eagerly check my bank account to see how much it actually is.  Yesterday's pay was good.  I earmarked $2500 to go to our new investment account.

My new plan for the investment account is to have at least 6 months of expenses between that account and our regular savings account.  We have a hard time keeping over $10,000 in our savings account because something always comes up.  The investment account will still be fairly liquid but not as easily accessible.  I want to get $24,000 between the two accounts for starters.  That would be 6 months of bare bones budget of $4000.  We had over $11,000 in our savings account and $8000 in our investment account before the new transfer.  

But wait?  One's EF is supposed to be liquid, not invested.  Yeah, but I'm okay with the added risk to make more money.  We still have our regular savings which I want to keep $10,000 in and we have our home equity line of credit with $28,500 available.  I think we can handle any of the small emergencies.

Is your EF completely liquid?  Do you think this is a silly idea?

Sunday, September 14, 2014

Sunday Funday

We are winding down a super busy weekend.  We left on Friday after work and headed to my BFF's house about 3 hours away.  It was our annual weekend to make salsa.  We made a huge batch of salsa.  It turned out very good but I wish it was a bit hotter.  We visited, rode four wheelers, had a bonfire and just hung out.  We came back last night so Lil Punk and Baby G would sleep the whole way.  It was a fun day and a half.

Today we had a relaxing day.  I dug out most of the potatoes and onions from the garden.  I still have a few in there.  I picked most of the peppers and the ripe tomatoes.  I'm not ready to pick the green tomatoes as I'm hoping we have a bit of time before the first frost.  My friend's mom also gave me homegrown garlic so I'm going to plant that.  It's always a bit sad when my garden is done for the year.

Tomorrow is payday so I will try to do a financial post then.

Happy Sunday!


Thursday, September 4, 2014

Investment Account Started

One of my goals for August was to start a taxable joint investment account.  I opened it and funded it with $8000.  I liquidated all of our investments two years ago when we built our house because we needed all the money we could. I feel fortunate to have a good job and I
need to save for the what-ifs.  You never know what curve ball life will throw at you.

We had our first sale for this month.  We sold 12 quarts of motorcycle oil for $25.  Since the motorcycle was sold a year ago, it makes sense to sell the oil and declutter.  I also gave 4 big patio chairs to our neighbors.  We didn't make any money but I like getting rid of stuff we don't need or use and they will make use of them.

Tuesday, September 2, 2014

Selling Crap

I want to sell a bunch of crap this month.  My goal is to make $300.  I listed a vacuum and amplifier today.  The vacuum is $10 and the amp is $100.  Really I just want to get rid of shtuff but I want the MOOLAH!!!

Monday, September 1, 2014

6 Figures in Retirement!!!

One of our Goals for this year was to break the $100,000 mark for our retirement accounts.  I'm happy to report that we broke that goal this month.  I received Y's annual pension report which is over 12k.  He is now fully vested in this account but I hadn't been including it in our totals.  I added it in and we have just over $110,000 in our retirement accounts.  I will still push on to get $100,000 in our other accounts but I'm checking this box off.

Since I turned 35 yesterday, I'm especially pleased we reached this goal.