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Home > $20K Update - We have a signed lease and deposit check for one of the rentals!

$20K Update - We have a signed lease and deposit check for one of the rentals!

September 17th, 2015 at 07:13 am

MO got the lease signed and the deposit check for his place (where we are currently living). YEAH! So now we are working hard to get everything packed, moved and old house cleaned. We only have until about 9/28/15 as we are leaving for Denver to go watch the Vikings play the Broncos on 10/1/15. So far packing is going pretty well, I am trying to purge as much as I can as I pack, but since most of the items here are MO's (most of my stuff is still at my house except for clothes/toiletries) it is hard for me to sort as much as I would like. But getting rid of some is better then getting rid of none!

I opened a separate savings account with Cap360 for the $1250.00 deposit and we will count it towards our savings total, but we won't touch that money it will just sit there for the renter. The people we are renting to are a young couple with no pets and no kids and I am hoping they will be here for a long time.

Things continue to fall into place! Smile

Current Balance $5,250.00
+$1250.00 Deposit for Rental
+$5.00 Addition Mistake on Local Savings Account
+$40.00 Closed out an old checking account
+$50.00 Sold MO's kitchen table (we will be using mine at the new house)
+$25.00 FB Sales
+$25.00 Payday Deposit (MO) to Our Savings
Balance $6,645.00

Local Savings $1480.00
GC Savings $2540.00
Capital 360 Savings (US) $350.00
Capital 360 Savings (Mom Payback Account)$1025.00
Capital 360 Savings (Rental Deposit Account) $1250.00
Total Savings = $6,645.00

52 Week Challenge
Week 37 $561(total) + $34 + $35 + $36 + $37(deposit) = $703

4 Responses to “$20K Update - We have a signed lease and deposit check for one of the rentals!”

  1. SecretarySaving Says:

    Just curious. Why hold the money for mom and not just give it to her so she can use or put in her savings? Congrats on the wedding and that things are moving along. I'm glad you are happy! No word from xdh?

  2. snafu Says:

    I was trying to imagine how I would manage to handle a move to a new house in such a compressed time frame. Were you ever given a satisfactory explanation of who was responsible for how and why the new house closing on an accepted July offer stretched to September?

    If you are hiring a mover or renting a truck, I hope those arrangements and contracts have been signed. It's a lot of work and expense to move furniture, clothes, and homewares that you don't use, don't need, don't love and generally doesn't serve your needs. It's far more efficient and less stressful to make quick decisions of need/want, sell/consignment, give away, donate or trash. I so wish there was more time as the book...The Life Changing Magic of Tidying Up has proved extremely popular and much praised by those who use her suggestions

    On the other side there are the nearly endless decision of assigning a place for everything to get everything in it's place. Now that you are husband and wife, are you comfortable viewing items are 'ours?' While I realize you are moving into a much larger house, time is to precious to have to look after 'stuff' that is not used or needed.

  3. snafu Says:


    Coincidentally, this vlog showed up on my computer today. She's a professional organizer who is far better at explaining than I.

  4. Banker Gurl Says:

    Secretary - I originally planned to make extra payments to my Mom when I had them, the reason we decided to just make the regular payments and then pay a lump sum at the end is just so we didn't have to keep refiguring the interest balance. I know that there are loan amortization calculators online to figure out the changing interest when principle payments are made, but we just thought this would be easier for everyone. Plus our savings balance is very low right now, so this way if an emergency did come up, we could use the money that we have set aside for her if we absolutely had to.

    Snafu- Thanks for the info! I am definitely purging as much as I can, it especially helped that we just had the BIG rummage sale last weekend so got rid of lots of rummage sale inventory as well as lots of junk! As I am packing I am either putting in assigned box, recycling, garbage, or next rummage sale boxes. We will have a lot of stuff for next years sale since we are combining two households and have duplicates of most kitchen items.

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