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Archive for June, 2016

Expense-topia is All Paid

June 28th, 2016 at 07:26 pm

Well, I made it through expense-topia! Smile Last month’s big expenses are all paid, as well as my 6 month auto insurance premium. CurveBall has sure taken a beating. I didn’t “save” anything this month, opting instead to withdraw from savings as little as possible. Onward and upward.

It has gotten to be a little stressful to track all of my credit card purchases. With one Visa, I have “authorized user” cards for every member of my household. J will charge his gas, trips to the grocery store, and other small items with permission (such as his recent purchase of two new shirts and a pair of pants). SB will use the card for trips to the grocery store. He is in charge of splitting the grocery bill fairly, which he certainly does, I have no complaints there. Mr and Mrs M180 seldom use the card at all, I just want them to have it in case of an emergency. Any time they do use it, they repay me promptly. And then there are the cards I use, which changes from month to month as I try to maximize rewards. It just gets to be a bit much! So I have decided to experiment with using cash for groceries, gas, and personal spending. I will continue to use rewards cards for utilities, medical co pays, and insurance. Years ago, when my ex-husband and I shared one account, we used cash only for groceries, gas, and personal allowances and it really made things simple. I would like to have a little more simple in my life.

In rewards cards bonus news, I have recently applied and been approved for the new Ally rewards card. The sign-up offer is to spend $500 in 3 months and earn a $100 bonus. All I need to do is use it to pay my electric bill twice, and the reward will be mine.

Life has been so busy of late with extended family in town, a surprise 70th birthday party out of town for my cousin’s husband, and SB and I planning to head to my brother’s house for the July 4th weekend. But it is the best sort of busy. Smile

I am planning to replace my roof, get some cement poured in my yards, and improve my back patio. I tentatively think my roof will cost approximately 5k, the cement 2k, and the patio 1k. I am going to try to cash flow all of this by next summer. While I am working on setting this aside in CurveBall, I will continue to add to E fund with the goal of eventually reaching 15k.

May 2016 Budget Report

June 4th, 2016 at 05:30 pm



May was brutal for extra expenses around here. Since I use rewards cards as much as possible, I won't have to fork over the money until June. I skipped budgeted savings and instead sent every penny possible to credit cards, in effect prepaying June's bills. I shouldn't need to touch GS Savings (emergency fund) at all, but WF savings (curveball fund) will be hit hard.

Rent - BF pitched in an extra $200 to help with the new hot water heater.

Groceries - An amazing coincidence. Smile

Utilities - J's cell phone carrier (Republic Wireless) charged me on the 1st and 31st, so an extra $29.95.

Everything Else - Car repairs came in at $1266.82, new hot water heater totaled $847.81, car registration for J was $115.00, new puppy expenses paid by me were $104.82. May was also a big graduation and birthday month in my extended family, so another $133.76 was spent there. Medical co-pays were $64.08.

I'm almost afraid to put it in words, but I am hoping June holds no unexpected expenses.

Mortgage Chips To Date

June 2nd, 2016 at 04:33 am

My mortgage payment has posted. This month I paid an additional $19.96. My new balance is $165,300.00.

Chips to date: $2,004.00

Interest savings this month: $7.37

Interest savings to date: $168.48

Eventually, the interest savings on the chips I have already made will compound to $4,287.95, provided I own this house until July 1, 2042. Which I probably won't. Stick Out Tongue

Net Worth 5-31-16

June 1st, 2016 at 01:20 pm

Cash is up. Smile
Debt is down. Smile
Investments are up. Smile
Home value estimate is up. Smile