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Archive for June, 2018

NSD

June 19th, 2018 at 03:47 am

Wow yesterday was my first no spend day in weeks. I had a half bagel, with some grapes 🍇 and a water for breakfast.

For lunch I had left over meatloaf and dinner a pot pie 🥧.
Since I’m back on the NSD challenge, I’m adding $6 to CC6. Now that I’ve got CC5 down, and will be paying off the end of this month, it’s time to tackle number 6.

I hope today can also be a NSD

CC5 Down to $500

June 18th, 2018 at 04:08 am

Yay final check hit from my previous employer. Of course I paid my tithes $78.06, myself $100 (EF), knocked CC5 💳 down to $500 and kept $100 in checking as a buffer.

I know some of you would say why not pay all to debt? Well because God has been way too good to me, for me not to give Him what belongs to Him first. I’ve learned over the years, that while paying down debt, if you don’t pay yourself first, Murphy will hit and hit hard. Plus this teaches me to live on less than I actually make.

I think this is the Great Depression syndrome. People who’ve gone through the depression tend to save no matter what for a rainy day.

Right before the Great Recession of 2008, I’d paid off my debts and saved a nice chunk of change 💰. Well the recession hit, I wasn’t worried, I was able to stay home, finish college, take trips and enjoyed my summer while all my friends worried and couldn’t find work. I also ended up back in the mess I’m in after this, by not staying true to my values 🙄, lesson learned. So for me, I never want to be in a position where I can’t afford to stay home if the worst thing happens.

I think that’s why I’m saving. Though I’m what one might call a moderate Republican, I hate government interference, I’m pro gun and pro choice, and I don’t like what I’m seeing. Home 🏡 prices are slowly creeping back up, people are frantic about buying a home (me included), jobs are steady but lay offs are happening and gas ⛽️ , well that’s up and down. Plus the markets has been way too good. I always say, what goes up must come down. Maybe I’m overly cautious but I’d rather side on the side of saving than not.

Oops, it wouldn’t be a post without SO drama. His daughter who is pregnant went to the movies with cousins. Apparently one of the cousins decided to head out the theater early. Well this cousin, who just turned 18 gets into a fight with a 16 y/o and ends up in jail. 🤦🏾‍♀️🙄
I’m not sure why the daughter was at the movie 🎥 she should be in stork mode getting ready for a baby 👶🏾 but of course the grandmother 👵🏽 allowed this foolishness. 🤦🏾‍♀️ unbelievable. SO is another reason why I’m saving and paying down debt. He has too much drama, I need to move or get him out of here. I can’t afford to live on my own with debt and no savings

On Target With CC5

June 17th, 2018 at 04:21 am

Just paid another $300 on CC5. I had budgeted the COBRA payment for June twice. So I paid $300 on the CC and added the $84 to the EF. My COBRA payment is $384.25 a month. I have an extra $800 in the EF to cover two months in case I need to elect coverage prior to my coverage starting with the new job.

I’m excited because I will meet my second quarter goal of paying off a CC 💳 each quarter. Monday, my final check of my missed PTO pay out should be deposited ACH to my account of about $700. I’ll be adding this of course to CC5 💳 knocking the remaining balance to $300.

Though I’m not what Dave Ramsey calls gazelle intense, I am meeting my goals at a rate I’m comfortable with. And I’m saving, that is extremely important to me.

Before Dave, I’d paid off my debt. I had started with the smallest to the largest. One thing I did was, every time I ate out, I had to match this dollar amount to my debt reduction and when I didn’t I added, $2 to my savings. I think I’m going to start this up again. It helped me then and I like the challenge. Overall I like Dave’s plan, I think it works, but not for me, there’s some tweaking like adding to my EF each pay day.

Lastly, I’d like to wish all the dads a Happy Father’s Day! 👨🏽👔

Drama

June 15th, 2018 at 06:55 pm

Spoke with the payroll manager and my check for my PTO will be deposited Monday, I’m happy because all of it will be paid towards CC5. I’m thinking I should receive about $750. Hopefully the last check of this month from the new job, I’ll be able use some to pay it off.

I did set the money aside to pay for COBRA if I need it. My doctor called and wants me to schedule for labs and a follow-up 🙄. Well I’d really like to wait until August but my last result showed blood in my urine. I’m thinking this was due to my cycle, matter of fact I know it was. Plus my vitamin D was low. Smh always something. I’ll think it over the weekend before I pay $384.

Regarding the house, court is set for June 28th. I’m so ready for this crap to be over.

My sister closed on her place, and will be moving. I really don’t think my mom should be living by herself but hey.

The SO came home last night to tell me his 16 y/o daughter is pregnant smh. She’s been trying to get pregnant since last year from a guy who has pretty much told her to go to #^+^ 🤦🏾‍♀️🙄. I’m so glad I’ve had this conversation that no kids having kids will be moving in with me. Another reason why I’m trying so hard to pay this mess off, save, and my move. Too much drama with him.

Last Check Dilemma

June 12th, 2018 at 11:16 pm

Just found out that my last employer did not pay out my PTO so I won’t see it on my last check. The payroll manager always screws up 🙄. I can’t call him until after Friday, when payroll hits because the person who told me should not have. Smh

Now rather than the $1600 I was looking for; in addition, to my check from the new job it’s half of that 🤦🏾‍♀️🙄. This really annoys me, CC5 could have been paid off. I’m going to try and not focus on this so that I don’t get too upset.

The new job is going well, there’s a ton of challenges. Some times I feel like I’m not accomplishing anything. I’d mark something off my whiteboard, only to replace it with something else.

The good thing is that my manager, supports me. What I’ve recommended, she’s pretty much has been on board. For example; there’s a ton of reports that I have to run from payroll but the CFO refuses to provide me access. Well when working in HR at times you need payroll data. The logic behind her reasoning is that she does not want us to see salaries, well salaries impact benefits (e.g life insurance and STD) not to mention, we enter all salary changes 🤦🏾‍♀️🙄. Nothing against older workers, I think there’s a lot I can learn from them but it’s frustrating because they tend to not be open to change.

Can’t think of anything to report financially at this time.

COBRA

June 8th, 2018 at 05:29 pm

This is the first time that I’ve ever left a job and could afford COBRA. I received my COBRA notice from my previous employer, and it was $384.25, I added to my budget for the next pay period, next Friday to pay.

Wow, just being able to do this, shows that I’m on the right track. Even after paying this bill, and others, I still have $300 left to add to CC5.

This is such a great feeling.

Extra $100

June 2nd, 2018 at 02:33 pm

Wow out of the blue my older brother, not the jerk I'm dealing with, left me $100 at my mom's house. Guess what I'm doing with this money? Yep paying down CC5.

I can't wait to get paid on the 15th, I'll get my final check from my previous employer as well as my first full check with the new company. I should be able to knock CC5 in half and then pay the remainder off by the (6/29, last check) of the month. I'm so excited. That will be four credit cards paid off since January.

The closing on the house is on 6/29 and I should be able to knock everything else out of the way. How exciting. Hopefully all else will go well. And I can get rid of the jerk I call a brother for good.


Debt Sucks!

June 2nd, 2018 at 04:12 am

A friend of mine daughter was diagnosed with cancer and completed her chemo treatments a few days ago.

What's heartbreaking is that, she could have taken FML (Family Medical Leave) but due to not having any PTO available she couldn't afford to be off. The leave would have been non-paid. For six weeks her daughter went through treatment about 3 hours a way and she simply couldn't go.

Yes she was able to go up a few days, but her time was limited. When she and I spoke she was clearly very upset about it. I felt bad because I couldn't help.

My point of this post is, I never want to be in this situation where a family member, mom or sibling, is ill and I can't take off due to money and bills. This event reminded me why it's important to sock away something, even if it's $10 to my EF. I know Dave says save a $1,000 until all debts are paid, but that just does not give me comfort.

I also felt bad because I didn't have anything to give her, and here we are friends. I never want to be in this situation where a friend is in need and I can't help. This is truly frustrating and an eye opener.

Well Thursday I received my second to last check from my previous employer, of course I've budgeted everything out. Then yesterday, I received my first check from my new employer for $751. I only worked three days. This money was extra. So I added an extra $100 to the EF and sinking fund, paid a July bill and kept the remaining funds in my checking as a buffer. I also paid extra on CC5. The good news is that I was able to CashApp my friend a few dollars, not much but something. I honestly feel a little better.

Having the buffer in my checking account now of close to $500 will help me a lot. It's the old money I'll use to pay bills (the floater) I read about in YNAB.

What I've learned from this second round of get out of debt is,
1. Debt sucks
2. Debt is easy and quick to get into and yet long and hard to get out
3. Save always pay yourself first, even if it's $10
4. Tithe!!!! This has taught me a lot. The spirit of giving is so much better than receiving
5. Budget, I've never budgeted a day in my life until August 2017.
6. And finally NO NEW DEBT, save for what you want. Figure out a way to get the things you want (e.g extra job, selling item)

$500 a month for a car

June 1st, 2018 at 04:48 pm

$500 a month for a car, is this the new normal?

[url]https://www.cnbc.com/2018/05/31/a-523-monthly-payment-is-the-new-standard-for-car-buyers.html [url]

Thank God I'm socking away for a car. I'd rather buy a car for $5k - 10k cash