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Archive for February, 2016

Savings Update

February 10th, 2016 at 09:21 pm

Since my last entry, I have received:

1. SB rent ($200)

2. CC rewards ($73.22), and

3. payment from HauserNet ($31.25)

All of it has been sent off to GE Capital. The balance is up to $2,595.83.

Slow but steady progress.

What A Fun Day

February 6th, 2016 at 10:20 pm

Today my mother and I attended a baby shower for my grand niece. She and her husband are foster adopting through their county's social services system, and are expecting two newborn girls at the end of this month. One will be placed in their care immediately following birth, and one will be placed in their care in a few months. They are hoping to adopt both babies.

At the shower, I got to see another grand-niece whom I had not seen in about 5 years. She is turning 18 next month, and so very grown up now.

Also at the shower were my grand-niece's mother and a woman I have known for about 14 years through a former job, and for whom coincidentally my grand-niece has done babysitting. And that was it, I did not know anyone else!

It was a super fun afternoon. I am so happy for my grand-niece and her husband and I cannot wait to hold those little babies.

In savings news, I received a check from my part-time job for $180 and have sent it off to savings. I now have savings accounts at GE Capital Savings Bank, Wells Fargo, and my credit union. The credit union account pays 0.00% interest, and I have to make a transaction at least every 12 months or I am charged $5, but I can't close it and remain a member. So twice a year I make a small deposit to keep it fee free. The Wells Fargo account is just for convenience, since I have my checking account there. And the GE Capital account is what I am trying to grow.

I am trying to reach 15k in GE Capital by the end of this year. Not sure if I will be able to do it, but that is my goal.

Mortgage Chips To Date

February 2nd, 2016 at 09:35 am

My mortgage payment has posted. This month I paid an additional $24.51 just to round out the balance. My new balance is $166,625.00.

Chips to date: $1,892.39

Interest savings this month: $6.88

Interest savings to date: $139.66

Eventually, the interest savings on the chips I have already made will compound to $4,078.13, provided I own this house until the mortgage is paid in full. Which I probably won't. Stick Out Tongue