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Archive for January, 2011

Misc Day

January 31st, 2011 at 05:22 pm

Got our yearly rebate from our Menards card today, $3.64! Whoo hoo! LOL. So we will probably save that for next time we go to the movies. Not sure if you know, but Menards has $1 boxes of movie candy, which sure beats the $3+ they charge at the theater. So check it out!

DH got paid today and is was $250 more then usual. Since our checking is not as high as I would like I am just leaving the extra in checking for now.

I also did my little bros taxes today, so I am glad I could do that for him. He gets a whopping $105 back between both federal and state. But when you are 19 y/o $105 can make a big difference! Smile

Deadwood Challenge Update

January 28th, 2011 at 08:27 pm

I am down 8lbs, at $5 a lb that is $40 extra $ for Deadwood.
My husband is down 5lbs, at $5 a lb that is $25 extra $ for Deadwood.

About a month and a half left, and I have 12 lbs left to reach my goal and my husband has 9lbs left to reach his goal.

Taxes are filed and getting back more then I thought :)

January 28th, 2011 at 08:20 pm

Ok So originally I thought we were getting back about $1500 federal and $150 state, but I didn't have all of our tax documents yet. Then I entered my HSA stuff based on what I "though" and it said we were only getting about $600 federal and $70 state. So I was bummed. But now I actually got my HSA tax form in the mail and entered it and we are getting back $1574 federal and $156 state! YEAH! This was the first year we had an HSA to report on our taxes, so when I was entering it originally I was not putting it in right. Now that I know how it needs to be entered it should go smoothly next year. So I am very happy with that size return. I know that the smaller the return the better since it is actually my money, but I like getting back between $1000 - $2000 because we usually go on a mini vaca every March for my husband's birthday, so it is perfect timing to fund the trip. So taxes are all e-filed and should receive the refund within the next few weeks.
Total is:
Federal $1574
State $156
= $1730
For now we will be putting $230 into savings and then whatever we bring back from DH's BD trip will also go into savings. Hopefully we will being back at least $700 (We are going to Deadwood!)

Happy Mistake!

January 25th, 2011 at 05:31 pm

I was balancing my checkbook today and it kept coming up $406 off.....wth?? So after reviewing it for a little while I realized that I had made a deposit for $203 and had accidentally put it in the withdrawl column instead of the deposit column! So YEAH! Surprise $406 more in checking then we thought! Smile

I try to balance my checkbook often, and even though I good with money and numbers, I seem to make silly mistakes once in awhile. At least this time the mistake was in our favor!

Teeny Tiny Change

January 25th, 2011 at 05:27 pm

Just a little tiny update:

Current Balance $11,280.00
-$28.00 to Retirement Hold Account
+$8.00 even out Amount
New Balance $11,260.00

ING $7580.00
Lawn Mower(cash) $350.00
HSBC $3330.00
Total = $11,260.00

$20K Update

January 22nd, 2011 at 08:37 pm

Current Balance $11,255.00
+$15.00 to Lawn Mower Fund
+$10.00 to ING
New Balance $11,280.00

ING $7600.00
Lawn Mower(cash) $350.00
HSBC $3330.00
Total = $11,280.00

It was just bugging me that the lawn mower fund which is in cash right now was at $335 which is a weird number, so I stuck $15 in the jar where I have it to get it to a even number - Hey every penny counts right?! Smile

Ok - then after I posted this I realized that ING was $10 away from the next $100 mark, so I stuck another $10 in there too. UP!

Taxes :(

January 22nd, 2011 at 09:20 am

I had been getting my taxes figured, but didn't have all of my paper work yet. So I thought we were getting back $1500 from federal and $150 from state. But I hadn't put my HSA contributions in yet.... Frown So I entered that and that took federal all the way down to $600 and state down to $75. I am still waiting on one more form, but I doubt it will change it much. So looking like we will only get about $675 back total.

Paid of Mattress - $20K Update

January 22nd, 2011 at 09:09 am

Current Balance $11,815.00
-$750.00 to pay off 0% King Mattress Loan
+$5.00 Rebate from Jim Beam
+$100.00 Rebate from Menards
+$85.00 to Retirement Hold Account
New Balance $11,255.00

ING $7590.00
Lawn Mower(cash) $335.00
HSBC $3330.00
Total = $11,255.00

Company HSA deposit

January 15th, 2011 at 11:33 am

We got our yearly company contribution to our HSA this week. So they put in $600 for us into the HSA. That is really helping with my HSA goal of $5000, now we are already up to $3300! YEAH!

Taxes

January 15th, 2011 at 11:26 am

I got most of my tax stuff done, just waiting on my W2s and other forms so I can double check my numbers but looks like we will get back about $1500 federal and state I have not done yet. Most of those funds will go towards our Deadwood Trip since that is my first savings goal for 2011. Anything left will either go to the EF or to the New car savings account.

Deadwood Challenge

January 15th, 2011 at 11:21 am

My husband and I and a friend are going to Deadwood for my husbands birthday in March. My DH and I are doing a challenge, for every pound we lose we get $5 extra dollars for the trip. And we both have goals and if we meet the goal we get an extra $100 on top of the $5 per lb. My goal is 20lbs (it is supposed to be a hard goal). So far I have lost 4lbs, so $20! Yeah! Gonna be very hard to reach my goal, but I am trying hard. DHs goal was 14 lbs, and he lost 7lbs the first week. What a jerk....lol. He is so skinny anyways and just thinks about dieting and magically loses weight.....sigh..... Anyways looks like he will easily reach his goal, up to me to make mine happen too. Gonna go to the gym soon here and will probably do my biggest loser on the Wii later too. Oh and I should shovel too, but it is sooooo cold.....brrrr! Wish me luck and will power!

$20K Update

January 15th, 2011 at 11:11 am

Current Balance $11,645.00
+$15.00 to New Car
+$25.00 to New Car
+$25.00 to Home Improvements
+$100.00 to Anniversary Cruise
+$5.00 HSBC Interest
New Balance $11,815.00

ING $8250.00
Lawn Mower(cash) $235.00
HSBC $3330.00
Total = $11,815.00

Sooo close to $12K! But this week we have to pay off our 0% loan for our King Mattress so will be taking out $750.00. We also have a humungous credit card bill for this month because of major overspending, Christmas etc. So I am going to try very hard to not take any more out of savings other then for the mattress, but it is going to be close. Really want to stay about $11K.

$20K Update

January 6th, 2011 at 05:04 pm

Current Balance $11,660.00
-$112.00 to ROTH IRA
+$12.00 Even Out Amounts
+$85.00 Retirement Hold Account
New Balance $11,645.00

ING $8185.00
Lawn Mower(cash) $235.00
HSBC $3225.00
Total = $11,645.00

Storage Wars

January 1st, 2011 at 10:23 pm

Have you seen the new show on A&E, Storage Wars? I LOVE IT! It is so addicting and makes me think I can go buy a storage unit and sell everything in it for boocko bucks, lol! But I am sure if I did that I would get a unit full of trash, spider webs and mice. Ewwwwww.......anyways I really love the show and think it is so interesting, and if I was loaded I would totally try that sometime just to check it out. It's just like gambling! Haahahaa!

Free Clothes for Rummage Sale

January 1st, 2011 at 10:20 pm

A friend of mine had clothes of her husbands that he no longer wanted. She knows that we do several rummage sales every year and asked if I wanted the clothes to sell at the rummage sale. She does not want any money back, she just wanted the clothes out of the house and said if I store them and mark them I can keep any money we make from selling them. Well I *finally* finished marking them all. There was a lot more then I expected! It was almost all mens XL, XXL, and XXXL polo and dress shirts. All in very nice, new condition. There were also several coats including a brand new (tag still on) Columbia fall jacket and a leather jacket from Wilson's Leather. I marked most of the shirts at $1.50 and the coats at $5.00. I am not sure yet what to put on the leather jacket.....it is kinda hard in the elbows like maybe something got spilled on it? I am going to have my Mom look at it and see what she thinks. All total there were 47 items, and if I sold all of them it would be $70 - that's not counting the leather jacket since I haven't marked it yet. Hopefully we can make a few bucks off of it! Smile There was also 1 shirt that I gave to my Uncle (Steelers), 1 for my older brother (Jeff Gordon) and 1 for my little brother and 1 for my husband. None of them are XL+, but there were a couple of styles that would work for them.
ETA - Here is how we have done on this stuff in the sale:
8/27/11 $39.25
9/10/11 $56.10
5/18/12 $17.00
6/23/12 $2.00
8/24/11 $3.50
9/7/12 $10.00
6/15/13 $10.50
Total $138.35 FREE!!

2011 Goals - Final Draft

January 1st, 2011 at 02:20 pm

Debt Goals
1)Remain debt free other then mortgage
2)Mortgage - Go from $136,800 to $125,000

Savings Goals
1)Deadwood Trip $1000
2)Lawn Mower $200
3)New Car $2000
4)EF $3000
5)Checking Cushion $1800
6)HSA $5000
7)Anniversary Cruise $4000
8)Home Improvement $900

Retirement Goals
1)DH - Continue to contribute to 403B
2)Me - Contribute 6% to 401K (1/1/11 $12,400)
3)Me - Contribute 7.5% to Roth IRA (1/1/11 $2800)

2010 Goal Summary

January 1st, 2011 at 02:11 pm

Here is a review of the 2010 goals and where they stand:

2010 Goals

Debt
-Continue to live debt free other then mortgage (CHECK)
-Pay mortgage down from $138K to $130K or less
(Since we refinanced we did not reach this goal)

Savings
*Emergency Fund
-Go from $2775 to $5000 ($1030)
*Vacation Fund
-Go from $820 to $2500 ($2520 - CHECK)
*Anniversary Cruise
-Go from $2000 to $3000 ($3225 - CHECK)
*MN trip
-Go from $50 to $1000 ($1000 - CHECK)
*Checking Cushion
-$750 to $1300 ($1300 - CHECK)
*HSA
-Go from $0 to $3000 ($2660)

Retirement
*401K (3%)
-Go from $8200 to $9000 ($12,400 - CHECK)
*ROTH IRA (10%)
-Go from $1620 to $4000 ($2900)
*403B (10%) ($2400 est - CHECK)
-Not sure on amounts, but continue to contribute 10% of DH income

So we met:
1 out of 2 debt goald
4 out of 6 savings goals
2 out of 3 retirement goals

Our total savings went up $13K this year, from $29K to $42K.

January 2011 Mortgage

January 1st, 2011 at 01:54 pm

Balance $136,800.00
+$427.50 Interest
+$307.59 Escrow
-$1311.16 Regular Payment
-$483.93 Principle Payment ($60 in change)
New Balance $135,740.00

January 2011 Savings update

January 1st, 2011 at 12:45 pm

As of January 1, 2011:

Regular Savings:
Emergency Fund $1030
Anniversary Cruise $3225
Home Maintanence $30
New Lawn Mower (cash) $235
Cushion $1300
Car $705
HSA $2640
MOH $505 - Complete
Laptop $600 - Complete
King Mattress $750 - Complete
Washer and Dryer $1170 - Complete
Vacation - $2520 - Complete
Total Regular Savings = $14,710.00

Retirement Savings:
Retirement Hold Account $885
Roth IRA $2850
Rollover IRA $1325
401K $12,400
403B $10,000
Total Retirement Savings = $27,460.00

Total Savings = $42,170

Happy New Year! - $20K Update!

January 1st, 2011 at 12:08 pm

Current Balance $11,610.00
+$7.23 December ING Interest
+$42.77 Even Out Amount
New Balance $11,660.00

$8200.00 ING
$3225.00 HSBC
$235.00 Lawn Mower Savings (cash)
$11,660.00 Total

Not able to put much extra in savings right now as we seriously overspent in Decemeber. We bought a new TV for out basement, got tickets to see Gabriel Iglesias, booked our hotel for Deadwood in March, Christmas presents, personal trainer....on and on and on. We were very bad. Frown So that bill is due at the end of January and until that is paid it will be slooooowwww on the savings deposits.