About Me

Buendia

I am a 52-year-old architect, and I live in New Mexico with my husband D, daughter F, a big white dog and a big white cat. I used to track our toilet paper usage (and how often I buy dental floss, and our grocery bills and a lot of other things, too) and that is how we paid off our mortgage early. I still track every dollar and dime we spend.

FINANCIAL GOALS

- Retirement - increase from $800/month to our IRAs to $1000 per to reach the max. limits for Roths ($5500 for D and $6500 for me) - AUTOMATED!

- Mortgage was ELIMINATED in 2017.
Owed at the beginning of 2015: $64,601
Owed at the beginning of 2016: $43,109
Owed at the beginning of 2017: $18,029

- Car Savings - continue putting in $150 per month (automatic withdrawal)

- Save additional $500 per month for F's school - so that we can eventually (for 10th grade?) pay in two installments rather than monthly (saving the expense charged by the monthly installment plan) - currently saving $230 extra because that's what the budget allowed, but hoping to do more.

Some Progress on Resolutions

January 8th, 2014 at 03:38 pm

With the help of an attorney (but at no cost - yay!!) I did our revocable living trust and our pourover wills. They are printed out and ready to take to the bank on Friday to have them witnessed and notarized.

I've also done some maintenance on our Capital One 360 savings accounts:
- transferred in some of the money from our private school savings account so it can earn some interest
- set up a $50/month transfer from our checking to that account (automatic savings)
- transferred more money from our car savings account into the Car Savings so it can earn interest
- set up a $150/month transfer from our checking to that account (automatic savings)

Posted in Investing | 5 Comments »

5 Responses to “Some Progress on Resolutions”

beawealthywarrior Says:
January 8th, 2014 at 04:24 pm

I also have a revocable trust and will and it sure does provide me a peace of mind
snafu Says:
January 8th, 2014 at 06:16 pm

Thank you, you've also provided me with peace of mind that you've taken care of this important task. I wish it was compulsory for all parents, like Income Tax filing,
Amber Says:
January 8th, 2014 at 07:19 pm

Good for you
rob62521 Says:
January 9th, 2014 at 01:17 am

Yay! Glad you did!
PNW Mom Says:
January 9th, 2014 at 06:38 am

So glad you did this!

Toilet-Paper-Tracker

A place for me to record my thoughts as I save time, live frugally and stay organized.

Some Progress on Resolutions

5 Responses to “Some Progress on Resolutions”

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