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Archive for November, 2017

Paying Ourselves Back part II

November 29th, 2017 at 04:25 pm

We are still working hard at paying ourselves back for some long term costs...

Dog Fence - $591 left to pay off (but the fence is done and it's GREAT! We can let our dog out on her own now!)

Medical Expenses - $287

Estimated Taxes - $630 (and I would really love to get this paid off asap because our next estimated taxes are due in January. We should have it paid off in December some time).

Fully Fund IRAs for the year - $600 - This is budgeted and will be fully funded by Dec.! Yay!

After all of these are paid off, we will start bolstering our emergency fund/savings.

Thanksgiving Expenses

November 28th, 2017 at 04:22 pm

Things are quiet around here... we just got back from a trip to my parents' for Thanksgiving.

Because my brother is vegan and would not attend if the food wasn't ALL vegan (so no turkey, no butter, no cheese), it was a pretty inexpensive Thanksgiving in terms of food. I told him that since his diet is very restrictive, he should probably do the cooking and he agreed. I just had to make a salad and salad dressing. He did tell me "No one eats salad dressing anymore" but I made it anyway. I like salad dressing. (In case you are wondering, what people do now is just drizzle a little bit of balsamic, but I have a really nice recipe with red wine vinegar. Everyone ate the salad, even with dressing on it). I am being sarcastic and snarky, but I don't care.

So, the expenses I did not need to pay for:
- Hotel room (we usually stay with my mom but she didn't want anyone staying there and got a couple of hotel rooms which were she paid for).
- Lunch on Wednesday (my mom had cleaned out her refrigerator for Thanksgiving and asked us to go out to eat when we arrived, but she wanted to reimburse us which was nice)
- Rental car, because my mom let us use her car which was really nice!
- Entertainment - Because we hung out with cousins, had the Friday family soccer game, walked on the Third Street Promenade with my brother and his girlfriend. It was fun!
- Shopping - the only thing we bought was a magazine for F (that is her usual treat when we visit my parents).

Expenses we did pay for (total about $325):
- Uber to and from the airport ($25 each way!) but my mom couldn't pick us up...
- Dinner out on Wednesday night (my mom did not want any un-needed cooking at her house); we had sushi!
- Sandwiches for me and F for lunch on Thursday before Thanksgiving; my mom went and got sandwiches for everyone but us because we have to eat Gluten Free and she didn't understand that she could ask for GF bread, so we walked down to the Whole Foods and had lunch together. Good mother-daughter time which we both loved because there were a lot of people around - like a mini-escape!)
- Petsitting - Wonderful woman and I left her extra because we've paid off the house and I hope she can use it for Christmas!
- Turkey Trot 5k for the three of us - F did really well! She came in 8th out of 133 for girls 14 and under.

I hope you had a nice Thanksgiving, too! Hope your food was better than ours, though. Snarky again.

Trip Planned

November 17th, 2017 at 06:35 pm

We purchased the tickets for our trip back to Ireland... we will get the tickets to the UK later (I think we are flying into Bristol from Dublin to be close to D's dad in Gloucester).

We are going in late June and D is coming home about 4 days before F and I. We'll stay a couple of extra days with friends. We'll just hang out and I'll show her all of my favorite spots, since the last time she was there, she was nearly 5 but doesn't remember much. Also - she has an Irish name, and has never met anyone else with her name, so we are trying to arrange a party where our friends come and bring other girls with her name!

We'll go to the seaside (we have the Rio Grande, but that's the only body of water near us!). We'll go down to Mary and Henry Streets and to D's alma mater (Trinity). We'll go to the Botanic Gardens at Glasnevin and up to the castle at Malahide. Maybe out to Powerscourt if we get a nice day! Howth or Dun Laoghaire. So looking forward to seeing our friends, too!

The tickets were paid for by saving money each month and credit card rewards. We have been saving for two years (since the last trip). We still have about $3400 in our vacation account even after buying the plane tickets!!

Update on our payback to ourselves:
Estimated Taxes - $635 to go
Medical - $387
Fence project - $777

The fence and gate are finished and it's such a relief. We can now let our dog out in a secure area. Where we live there are very few fences... no fences between properties. It's unusual, and sort of annoying. We had to get approval from the neighborhood association to build this fence.

Financing my own Debt

November 7th, 2017 at 06:35 pm

I use YNAB, and I think a lot of you do as well, but I don't use it exactly as it's meant to be used. Sometimes I let a category go negative for a few months, and rather than moving money from other categories to cover it, I just pay down the negative over several months. I guess I could move money around, but for me this lets me keep track better.

It works because the other categories have plenty of money in them and we live on the previous month's income, so there is always enough money in our checking account.

So here are the things I'm self-financing right now:
- Current household project- fenced in area for our dog - this is at -$94
- Unexpected medical expenses -$257
- Estimated taxes from September - $635

I used extra money this month and set up a math problem so I was allocating it to each debt proportionally. I like math!

We should have all of these paid off before Christmas. Just in time for another estimated tax payment in January!

Update

November 3rd, 2017 at 08:45 pm

It's been forever since I've written anything!

I am trying hard to keep spending under control, and there are a few things that are messing with my plan. I can't be too upset, though, since D is making more at his new job and there is money left over each month.

1. Karate - because of all of F's sports (schedule conflicts), we are having her do private lessons once a week. It's not cheap. But it is really worth it particularly in terms of her confidence.

2. Medical Costs - I have been going to a psychologist once a month to get strategies/techniques for F for her anxiety. It is well worth it, and the best part is that the woman I'm seeing doesn't require F to go. She offers this as an alternative for kids who already have a lot in their schedules or who feel like there's stigma to seeing a counselor. She has some GREAT techniques and comments. Middle school is hard, and even harder for a kid with anxiety!

3. Food Costs - Combination of out-of-town visitors and just higher prices. It's been hard to stay in budget. Also, I have to spend a lot on nuts and avocados and other good protein for F is constantly on the move.

So, what's been up?
- I had a birthday (but my birthdays are inexpensive because it's Halloween and mostly we just go trick-or-treating"
- F was asked to run varsity x-country next year
- We have new soccer coaches and they are AMAZING - two women which is great for girls this age. And they are young and enthusiastic and used to play professionally.
- F is on the basketball team, and she rode the bus down to Albuquerque for a game, which is a lot of progress!
- D's sister came to visit and wore so many oils (sandalwood, cedarwood, patchouli, and a bunch of other stuff) that we are still trying to get the smell out of D's car; I can't ride in it.
- My dad is in the hospital (had back surgery, went home, fell three times and was back in the hospital in less than a week). He'll now go to rehab which is where he should have gone in the first place.
- My brother is in Singapore (has been in Jakarta, Bali, Singapore and Vietnam in the past month) and will go to Japan before Thanksgiving.
- We had our big Turkey Fight of 2017, and we are not having turkey at Thanksgiving. We are not sure yet if it's going to be a vegan Thanksgiving (what my brother wants). I don't care anymore; although I love butter and cheese, I guess I can have them at home.
- Going for ice cream today!