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Paying Ourselves Back part III

December 26th, 2017 at 05:53 pm

A quick update on "paying ourselves back." Even though I finished Christmas shopping in November, in December we spent a lot on Christmas gifts for various people: coaches, teachers, F's three best friends, etc... We didn't spend a lot but it added up.

We were still able to make progress on paying ourselves back for various things:

Fence (this is for our dog): paid off as of 12/21!

Medical (unexpected): $19 left but this will go up because we have a $130 bill.

Estimated Taxes: paid off as of 12/22 AND we have $240 in there for the next estimated taxes due on 1/15/18. Not nearly enough to cover it, but we should be able to add some with D's next paycheck. I am really hoping that we don't need to pay as much in estimated now that D has his new job and we adjusted withholding.

Fully Fund IRAs: fully funded as of 12/4

Repay General Savings: still need to start work on this; we owe ourselves $1280.

We will have a new item to pay down in the new year. We are buying a painting from a friend of mine who is a famous artist and illustrator. He sells prints, but this will be an original painting. I was embarrassed to ask because his paintings go for thousands, but he said he could do a custom painting with our dog in it for $500 (and I know this is because he's a friend; I am so grateful). Did I mention that he's one of the nicest people I've ever known? Anyway, $500 for the painting we promised ourselves when we paid off the mortgage. We'll hang it so it can be seen from the front door.

That's it!

I hope you had a wonderful holiday (whatever you celebrate!) and that it didn't put you into debt...

2 Responses to “Paying Ourselves Back part III”

  1. frugaltexan75 Says:

    The painting sounds like a good way to celebrate!

  2. rob62521 Says:

    Wow, a beautiful painting and a friend to boot! What a find!

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