Goals for 2016
new kitchen counters & backsplash - cash
refill the home maintenance account, fill property tax account
max 401k, max ROTHs, add $2k to individual 401k
pay mortgage down by $20k (bringing balance down to $30k)
read 50 books
Of course, I'll also be cleaning & de-cluttering (being especially mindful of what we bring into the house). I'm going to continue to sew through my stash without adding new fabric. I'm going to finish at least one of my large p
2015 goals & how we did:
1. Keep current investment levels. 401k will automatically adjust up 1% in May. I think we've hit our sweet spot, budget can't take any more investing unless there's a raise. There was a raise -- it just happened last pay period, so it will really show itself in 2016 in our investing. I'm proud of us -- this year we've put more in retirement than ever before.
2. Build my inventory both to supply work to the gallery, but also to prepare for a big show next December.
I feel officially grown up.
I finally quit procrastinating and got my will printed, signed, and notarized. I never did this when I was married or when I started having kids. Now, all of a sudden, I felt like I really needed to finally follow through.
So, there we are. Copies are made and I need to put the original away.
I can't believe that took me 15 years...
My goals for 2015 got side tracked with life throwing us a curve ball in addition to me being lazy.
1.Increase net worth by $75,000.00.
Not really sure if we reached this or not because we moved to a new home and the value of the house is greater than t he one we owned. We did increase retirement by 30k this
2. Run 12 races which will include 4 half marathons. Epic fail! Ran the Turkey trot so 1 at least!
3. Read one book a month - I read about 20 books this year
You know, cutting some fluff...
The small stuff will be easy. We have a "bills" checking account with its own debit card that all the regular recurring stuff charges out of. From that we are most definitely chopping a small monthly charitable contribution and a quarterly winery club membership. (At least we will have a large bag of wine waiting for us next visit from the last couple of quarters.. And that will be a nice consolation..)
Our internet spiked from about $32 monthly to $66. OUCH.
I completed my physical therapy and finally worked up the nerve to go back to the doctor for a follow up to my back/hip injury last year.
The news was as expected: Chronic daily pain for the rest of my life. It will never "get better".
I am trying new pain relief methods and seeing a new specialist to try and regain a greater range of motion and strength. But basically my left hip and leg will always be weaker and need daily exercises and stretches just to "keep up".
I am trying to
Here's some before and after pics of our budget kitchen makeover. We spent about $350 total, but we will be doing the floors in January as well. We moved into the house in August and have spent about 25K on renovations including updating the very old bathrooms (carpet and avocado green tile), updating a decrepit and scary laundry room, and finishing out a 500sf bonus room. We have cash flowed all of the renos and feel like they will add about 50K in value to the house (the house two doors do
OK, I am going to admit, I am irrationally nervous about doing taxes this year. In past years, I never had a problem with it. I plugged in the numbers and always ALWAYS ended up with somewhat of a refund. Even years where I was aiming to break even. Things were good.
Then I got divorced. And last year, for the first time, I owed. And I owed big. And there really weren't significant changes besides going from Married to Head of Household. I was devastated and it wiped out my savings.
...From all the ping-ponging, that is
Achieved Debt Freedom 2x and here we go again. This time, only I can be to blame - not DH.
Seems to me that I can only have laser focus on one or two areas of my life at a time. When my finances are the focus, other areas suffer. Most of 2015, my job & health/fitness were the focus. Finances suffered. It seems life always works like that, you can't juggle it all. Maybe that's a bad excuse though.
So I'd stopped the habit of withdrawing blow m
This is probably not the right time to think about this, but I'm pondering whether to change my approach to retirement savings. This last year I started contributing to a 401K through the clinic I work at. When I did, I moved from fully funding my Roth IRA to putting 15% of clinic income into the 401K and 15% of business income into the Roth IRA. At times, this total combined was more than the Roth limit, but now that I have lower income, it is less. I like the concept of 15% across all income,
Wrapping up the year here.
I still need to make a few more donations to charity - we fell behind, but we're fixing that.
I just mailed the property tax check - ouch! We paid in January & December so that it will work to our advantage when we itemize. I think we're going to do an every other year itemizing. Mortgage interest is now hardly anything / YAY / so we have to make it up in other areas, like charitable contributions & property taxes.
DH's new raise will show up on h
I bit the bullet and texted my contact today accepting the new side-job. I'm still on the fence about whether it will be more hassle than anything else, but my gut was telling me that I needed to get in the door before someone else took my spot. *laugh*
So, I guess we'll see! It's a little out of my comfort zone because I'm not really familiar with what I'm supposed to be doing, but after a month or two that'll be a non-issue, right?
Wish me luck. They're supposed to be emailing me
I've decided to move out of my roommate's condo.
Perhaps it's not the greatest financial decision - but it won't be too much more expensive.
I just NEED NEED NEED NEED my own place. I can't continue to live out of one bedroom. My mental health depends on moving on.
I signed a lease for eight months which will end in August - hopefully I can transition directly from my apartment to a house because with any luck at all the divorce will be over by then.
I signed a lease on a two bed
It's funny how much things calm down when you start feeling more in control. Still have a ways to go, but this week we have not eaten out once, and we're slowly looking at where we are - where we have landed. This is good.
So my BEF is up to $210! Yay! But I have not gotten a counselor, because I am focused right now on something else. I ended up in the ER on Saturday. Super high blood sugar, (453) they said I had a urinary tract infection, sent me home.
Went to the follow up with my doctor, she said no UTI, the urine culture came back negative. So...she pokes and prods and reads all the tests and asks me a bunch of questions, and says she needs more tests to rule out kidney stones or a silent heart attac
We've been struggling. No two ways about it. It was a nice boost to have the truck paid off. We went crazy. It wasn't pretty. And then, the furnace died. Full replacement necessary. $5000.
I am laying most of it out there. You can't beat on me more than I've beaten on myself, and I don't need to beat on myself any more. 2015 has been a very, very rough year on us. I'm ready to move on.
New debt total is unknown. Around $42,o00 once the money clears from the furnace. Stude
We have made it to KY to drop off the kids with my parents. Oh the stories I could tell. We drove from 8pm to 8am. There were deserted gas stations, women with tire irons, porta potties in the woods, gas stations with bars on every window and door, etc. It wasn't dull.
Today dh and I head to TN to check onto our chalet. I am flat out exhausted, this should be an interesting vacation.
Well, I think I'm feeling better for now. I'm already worried about the holidays and a little depressed about them if I'm honest.
I'm just so ready to be done with this so I can move on with my life - but I can't change what it is and I can and should use this time to improve my situation as best I can and prepare for what I'm going to do as soon as the divorce is final.
First this is first - go out to dinner with some friends to celebrate the new chapter of my life.
Then I'd like to
I have made a little progress. Tomorrow I will have $202 in my BEF, which makes me feel a little more secure. I'm still tracking down all the debts, and while I was doing that it occurred to me that it won't really be a debt snowball because everything I owe is stuff that is past due. No minimum payments. So I'm just going to tackle them smallest to largest. How do you eat an elephant? One bite at a time.
I have access now to all the bank accounts. That makes me feel better too.
So, I did a budget with just my income and there is no way I could make ends meet in this house with what I make now. I sort of knew that but seeing it all laid out put any fantasies I had of doing that to rest. Which is ok. I have things I need to do before I would make any kind of life changing decision anyway.
My goal for this week is to find some kind of counseling. I need that, to talk all this through. I am also going to list out my debts. Just mine. We don't have any joint debts excep
OK, the drowning continues...
Thousands of dollars in medical bills just do not mesh well with divorce-acquired debt. I truly feel like I'm drowning because I don't have a snowball. But, we're working on that.
Since yesterday I have -
Changed my cell phone plan - $30 a month to snowball
Changed my auto insurance policies - $20 per 6-month period to snowball
Cancelled some subscription "wants" - $14 a month to snowball
Temporarily suspended Auto-Draft for Student Loan (I was pai
When I met my husband in 2006, he was living alone and I was a single parent of 3 (I have four children, the oldest was grown and gone). He told me he was divorced and had two children. We dated for a year and a half before we got married. The kids liked him, he liked them, it was all good.
It was a lie full of omissions and half truths.
There is way more to the story than this, but here's the short version.
He called me at work one day to tell me he was being arrested for child supp