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Archive for April, 2019

Love Scanning My Receipts

April 30th, 2019 at 05:09 pm

Cashed out $5 from Receipt Hog and $20.85 from iBotta. A whopping $25.85, not bad for scanning receipts and getting rebates on on items I actually need.

I also, used my Humana healthy card today to save on fruit. I’ve had this card since August and never used it. Smh

This weekend, I’ll be crunching numbers to see how things went in April. For May, I’m planning a no dining out month.

Just Rambling

April 28th, 2019 at 06:54 pm

Balanced my primary checking account, I have about $600 left in the account, this amount includes outstanding items. Though I find this amount to be high for a checking account, I do like having an extra few hundreds just in case.

April was a tough month, I was all over the place, not saving per se, but not spending either. I had a huge event this month that was costly but I’m good. All with in reason.

I received my new American Express card in the mail, they reduced my limit by $1200 because I spent $1200 less last year lol, I thought this was funny. Now I know why my credit score dropped a bit.

Target sent me a notice informing me that if I don’t use the card in two months they’re going to cancel. I haven’t used this card in almost two years. I’m debating if I should use it to pay some sort of bill next month (pay it immediately). I’ll see, I don’t want my score to keep dropping.

Other than that I think I’m ready for May. I’ll finalize the budget tomorrow.

Knocked CC9 Down by $500

April 26th, 2019 at 05:51 pm

Today I set up every single sinking fund account I have so that my funds are automatically direct deposited. No more transferring funds on pay day.

Next I dropped $500 on CC9 dropping my total to just over $2600. I don’t know how or when but this baby is going to be paid off by June 30th. I want both CCs 💳 paid off by December of this year and I will start my student loans for 2020.

I’ll be working on my May budget, and it will be a lean one. I’m ready to knock this baby out

Poshmark

April 24th, 2019 at 03:03 am

Sold an item on Poshmark for $10, I made $7.05 and received a five star ⭐️ rating. Super excited.

I ended up spending $20 at Walmart for a swimsuit 👙 that I’ll be returning. 1) I’m doing a no spend challenge 2) I didn’t like the way it fit and 3) I’ll just wash the one I have and shop around for reduce one.

I can’t wait until next week to throw about $700 at CC9. I have two months to get this baby paid off

I’ve also decided to keep my sinking funds going. For the car once it hits $500, I’ll stop. I don’t foresee any major repairs. But as I previously stated, my fence is old and I estimate a year to two years before I have to replace it. The washing machine was giving me problems but she’s running now. The AC is well over 10 years old and my cabinets are starting to go a little bit. Most of these things I can hold off until they give out however, I foresee me repairing and that alone makes me want to set cash aside for it. That’s what sinking funds are for, saving up the cash for things you know will happen later. Going into CC debt is easy for me by setting this money aside it helps me curve what could be a disaster for me.

How Much is Too Much In Your Sinking Funds?

April 23rd, 2019 at 12:21 am

How much is too much in your sinking funds?

I was listening to a live video and the admin stated not to pile up too much cash in these funds because that’s what the EF is for.

Well for me, my car repairs with oil change and tires average about $500 a year, or a little over. I’m never at the point of making the $500 saved mark, because something always happens and I have to tap into both the sinking fund or the EF. I can say though for this year so far I haven’t had any major car repairs, knock on wood. And when I did, it felt great to cashflow.
Now my car is 2002 Camry with 250k miles, so I anticipate another two years. I’d really like to save $6 to $8k for another cat cash.

In reference to the home repair fund, I’ve lived in this place for seven years and purchased last year. During this time there’s been no majors repairs, knock on wood. However, I’m nervous that something is bound to happen now. The AC is a very old unit, my fence is getting to the point where in two years I’ll need a new one, my power switch just stopped and I don’t have hurricane shutters. I’d honestly like to have at least $5,000 in my home fund separate from the EF. However after watching the video I’m now questioning it. Because isn’t the EF for emergencies, but the sinking fund are for those items one foresee like a new fence, a must other wards HOA will put a lean on the property, a new car or hurricane shutters. When will I know too much is in these funds?

I watch my sister who moved into her place last June/July struggling to find the money to fix her roof. She was quoted I think $300 and said that was too much (don’t think she had the money) now almost a year later the leak is getting worst and she doesn’t have the money to fix.

Cash Flow

April 22nd, 2019 at 03:03 pm

It feels so good to cash flow things. Needed an oil change and paid cash. I’m glad I have the sinking fund for car repairs. I also went to Walmart, it takes longer but it beats paying $42, I paid half of that. I did realize in order to win with money you have to be inconvenienced.

Sunday Ramblings

April 21st, 2019 at 10:02 am

So I went back through my bills and found that the extra money 💰 is for an upcoming students loan 👩🏾‍🎓 payment as well as my payment to Geico for the car 🚗 insurance. I hate this. They’re both auto pay but won’t come out until the 10th. This sucks

Other news, seems as though the light 💡 switch is out. This really freaks me out. I went to turn on a light and it started flickering. Then I turned the switch on for the ceiling fan and nothing. Both the fan and lights are on the same panel. I do not like messing around with electrical stuff. I’m just glad that I started saving for home 🏡 repairs. Tomorrow I’ll call a few electricians to come out.

Next, I realized that even though the SO is paying his portion of the bills, we are living like roommates, I’m over him. I’d be lying if I said I didn’t care about him and want the best, I just feel like I can’t make any progress with him here. I asked him when he thought he could move, that he needed to give me a date and nothing. This was last week. So today I said to him, we really need to talk about his plans because I don’t want June to come and I’m resentful because he’s still here

Pay Day

April 19th, 2019 at 07:34 pm

Today was pay day, all bills that are due from now until the next pay day are paid.

However, my checking account is almost at $800 and I have no clue why. I feel
like there maybe a payment I missed. I went through my bill pay spread sheet and nothing. If I don’t figure this out by the end of the month I’m throwing it at the CC.

One thing I hate doing on pay day is transferring money to my sinking funds. So today I sat at work, and added all my Capital One 360 accounts to my employee profile, so that the cash set aside can be direct deposited to these accounts that way I don’t have do anything. It just makes things so much easier.

I reduced CC9 by $212 and next week I’ll be able to throw another $500 or $600 at it. I’m super stoked about this, since this month I didn’t do much.

Lastly I got a letter from a Target stating that my card has not been used in years and that they’ll be closing my account. Oh well. Debt is dumb


Extra Mortgage Payment

April 17th, 2019 at 05:31 pm

I know, any thing extra should be going to the CC but it bothered me that I did not add the extra $25 to the mortgage this month so I went ahead and added it. Habits are hard to break.

I also calculated the mortgage for 15 years, I’d have to pay an extra $300 a month, but won’t be able to do this for awhile

April was a doozy, I knew it would be due to an event that I’d committed to but next month it’s on and popping like popcorn 🍿
Back to knocking CC9 out. The goal is to have paid off by June.

March Madness

April 6th, 2019 at 09:39 pm

Finally back on track. I took a week’s hiatus, things were super busy at work and this last week has been crazy.

First, the SO cousin’s wedding was beautiful, but his mom act a plum fool because she was sitting at the wrong table and had to move 🤦🏽‍♀️🙄

The next day at 6 am we took my mom to the hospital 🏥 she had an allergic reaction to something. Then at 11 am we took the SO grandson to the hospital for a possible seizure, all in one day.
Mid week the SO was attacked by bees 🐝 while working and his face looked like the elephant 🐘 man 🤦🏽‍♀️🙄. Thank goodness the Benadryl worked.

All this coupled with a work week from hell, open enrollment, employee relationship issues etc.

Today I finally took a look at my budget, last month was okay. I’m annoyed that I had to stop the snowball temporarily.
So last month...
* Paid only $409.18 to CC9
* Saved $506 of income ( this include the dividend of $4.04)
* I had a few items I went over budget in, not too bad
Tomorrow I’ll take a look at my habit tracker, to see how things went

Budget Update

April 4th, 2019 at 02:28 am

Revisited my budget and this is a tough month. I signed up for something last year, that I really didn’t want to do but hey, it’s done now. I’m just ticked off at myself and the fact that I won’t be adding anything extra to the CC 💳, other than about $70.

Other news, I’m really glad that I’ve socked away for birthdays and other things that require gift buying, that I may have forgotten. We had a wedding this past weekend, and we (SO) split the gift, $25 each. I took my portion from my fun envelope but transferred the money from the birthday sinking fund right back. Lol, what’s weird is I forgot about the account and was upset I had to spend the money, I thought how could you not budget for this. Then I realize I had actually saved for it. Duh 🙄 It feels so good to not use CCs 💳 and to save for things.

Last night I came home my car window won’t go up, it appears as though there’s something with the rubber, it’s off track blocking the window to go up 🙄. Murphy always seem to appear when things are going great.

Lastly, the weekend was crazy, mom went to the hospital, allergic reaction and the SO grand baby went as well, all in the same day. Plus I started feeling like crap 🤢. Thankfully everyone is home and I’m feeling better.