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Interest 🤦🏽‍♀️🙄

June 24th, 2019 at 06:27 pm

I hate interest. Before my legal issues I had paid $300 on CC10, my final card, only to be hit with a $100 in interest 🙄🙄
No complaints, that’s what I signed up for when I agreed to use the card. I was really hoping to get this sucker gone but nooooo my jack🤬 of a bother decided to file a suit 🤦🏽‍♀️🙄. Every time I think about him, I get ticked off 😡. I’m more ticked off with him causing me to delay making extra payments.

Other news, I meal prepped today. I ended up throwing out a few meals in the freezer, from the previous meal prep, they were well over the time span. I’m going to make sure that doesn’t happen this time.

I did eat out today $3.20, I’ve got to get back on my game.

The Devil Will Not Win This Battle

June 16th, 2019 at 04:45 pm

I realize I’m in a fight for my life and God is standing with me. All weekend the word of God had been spoke over me.

From the day I was crying and my friend text me I love you, to yesterday when the message was of that of Esther and Ruth. Two women who went through the storm and God brought them through. Esther, reminding me of a conversation my dad and I had, in that he told me not to tell my brother. Then this morning during a spiritual chat, the word appreciation came up. It was a word that my dad often used.

I’ll be lying if I said I’m not nervous but I do have a sense of peace. God will stand before me, protect me, the truth will prevail.

I’ve decided not to let this situation hold me hostage. My siblings told me to use the rental property money for this mess. So that’s an extra $850.

In other news, I balanced my cash 💰 envelopes ✉️ and for last pay period I came in under budgeted by $69. I’m so excited.

I’m also participating in a envelope change, each day I take a few dollars from an envelope and save, the goal is to come in under budget. I like this challenge. Of course any money saved will go towards legal fees. Who would have thought I would have legal fees.

I’m thankful that I started paying down my debt, and I will continue to do so. I may not be as aggressive as I would like to be but I’m not stopping. The devil will not win this battle.

Sunday Rambling

June 9th, 2019 at 02:43 pm

Just some Sunday rambling. I checked my accounts and earned a total of $3.59 in interest last month. Interesting, I pay 100x this in interest each month. Baby steps.

My grocery cash envelope has about $4 in it for groceries. I have chicken I can prepare and I’ll go pick up some strings beans to go with it. I still have a few meals in the freezer, so I should not go over. I’m impatiently waiting on pay day.

I called Fidelity and found out that I can set up direct deposits to my rollover account through my employer, Vanguard doesn’t allow this, I thought this was cool. I’ll set this up tomorrow.

I also completed the rollover/transfer form to transfer the $74 from the traditional IRA at Capital One 360 to Fidelity. I should have close to $3K once I get everything all rolled over. Then it’s up from there.

CC10 was bugging me, so I paid the $185.85 to bring the balance to $8,000. Friday is pay day and I’ll be throwing about $200 at it, then two weeks later I can throw another $1,000 at. Can’t wait to get this baby paid off. I’m anticipating 8 months to pay off but I really think it will be paid by Christmas.

Opened the Fidelity Rollover Account

June 9th, 2019 at 07:00 am

Opened the Fidelity rollover account. I’ll complete the forms for the 401(k), number 1, today, scan it and email it to be processed.

I’ll have to call and speak with a representative for the 401(k) number 2. Not sure why this is so difficult for $230 dollars.

I’m going to schedule a time to meet with a representative from Fidelity as well.

I’ve decided that I’ll keep the Roth with Vanguard and rollover/traditional with Fidelity. Right now I’m contributing 2% to retirement (Fidelity and Vanguard accounts) it’s not much but it’s a start.

Once I can get a handle on the remaining credit card and student loans, as well as educating myself on investments, I’ll invest more. I’ll continue with this amount and gradually increase each year and at every mile stone (debt paid offs etc). The goal is to be contributing at least the 15% in the next five years.

In stupid tax (debt) news, I took a look at the budget. Looks like I’ll be adding an extra $1,000 💰 to CC10. It sickens me that I can’t add this amount to my retirement but hey. Looks like I may not have this CC paid off until early next year, if I’m only able to throw a $1,000 at it. We’ll see, I may be able to cut a few things or come into some cash.

That’s it for now

Edit
To say, I added $10.79 to the rollover, rounding down my checking account, can’t wait for the actual roll overs to hit

How Much is Too Much in the Checking Account?

June 7th, 2019 at 01:39 am

Checked my account and the bank credited me the interest charged on CC8, and I’m back to a zero balance 😃

Wow, I’m still in shock that the interest was adjusted and I’ve paid off nine credit cards 💳

I also checked other accounts, I mailed off my two month HOA payment Monday, and the check cleared already. I’m also shocked at how quickly that occurred. I still have about $174 left in my cash envy until pay day, and my checking account has just over $400.

I’m curious how much do you keep in your checking account as a buffer goes? I think Dave says we should zero base our budgets. Each pay period I allocate $10 to my checking for budget items I may have forgotten about and other surprises like the $13.20 lab 🧪 invoice I received. I’m thinking about throwing $200 at CC10

Interest Waived on CC9

June 6th, 2019 at 04:37 am

Logged in and the interest hit my account for $23.69.

I can’t remember who recommended it but thank you. I called the bank and they removed the interest. I’m so excited.

Finally, Paid in Full

June 5th, 2019 at 02:53 am

Finally after three days the last payment hit my account, I can officially celebrate! This card has not had a zero balance in about 10 years.



I haven’t transferred the extra money from what SO gave me, to the retirement account yet because I’m still waiting on the interest to hit the card.

I’m thanking God for sending a message and reminding me that the borrowers slave to the lender and moving me along this journey. I’m thankful for you all support and tough love at times.

Finally Processing

June 4th, 2019 at 06:25 pm

Checked my account and I finally see the pending payment to pay off CC9, that means tomorrow, she’ll be at a zero balance, but then on the 6th I’ll be hit with interest 🤦🏽‍♀️🙄

I haven’t transferred the extra money from what SO to the retirement account yet because I’m waiting on the interest to hit the card.

No Luxury Hand Bag For Me

June 2nd, 2019 at 07:12 pm

So my friend just bought a new luxury bag. This is the same friend who told me to change my outfit for Mrs. Obama’s book 📚 tour 🙄🤦🏽‍♀️. Anyhow she’s complaining that her student loans were in the 30s and now it’s in the 100s, she’s five years in since her last payment and she’s waiting her 20 years for loan forgiveness. Actually she wasn’t complaining she was quite content with it. Um okay 🙄🤦🏽‍♀️

I told her as much as I would like a luxury bag, my priority is to pay off my debt. Makes no sense to have a $1000 hand bag 👛 with $2 in it and my net worth is a negative $180k. I’ll pass.

Meanwhile, I got an extra $125 from the SO, I have to buy a ticket for a fund raiser event, I was going to cash flow (already budgeted) but since he gave me the money, I’ll use what he gave me, and the remaining will go to CC10.

Today was the first day that I drank a total of 66 ounces of water 💧. I’m so proud of myself. I’ve had it on my list of goals to drink more.

Day 1 of June

June 1st, 2019 at 08:28 pm

Today was a great day!

First I pulled out my old employer documents to get more information on the 401(k). Monday I’ll be able to roll over one, the other I have to do a little bit more research.

After that, I rolled up my coins 💰 to be deposited and added to my Roth. I decided to have both the Roth and Traditional IRA. I’ll contribute more of course to the traditional. I was surprised to see I earned two cents on the Roth.

Next I headed into Walmart, picked up those items that were on my list only. I was able to use my rewards card and saved 10% on produce and meats. I then came home and prepared dinner for the week. I’m a little annoyed because two of my meals were freezer burned. All and all I’m loving the meal prepping. 🥘

I relaxed a bit, and then tackled the numbers last month.

I came in under budgeted at $68.50
Saved a total of $542.53, 14% of my income.

Last month’s starting network was
-$183,166.24
At the end of the month I was at
- $180,051.87

All and all the net worth was reduced by $3,114.37 or 1.7%

I know I saved more than I paid down but the sinking funds are non negotiable. Goal is to continue to decrease that negative number. It’s majority the house and those stupid student loans.

Today was a no spend day 😃 (outside of groceries).

Getting there

June 1st, 2019 at 06:53 am

Now that CC9 is paid off I want to do something to celebrate but I don’t want to spend too much money 🙄. I’ve been planning for this day, even saving for it and I’m like nope 👎🏾. I can’t think of anything fun that’s reasonable to do. It’s a mile stone for me. Maybe I’ll pack a bag and head to the pool 🏊‍♀️

One of my good friends invited me to her place on the beach for Labor Day weekend. I simply need to get there. Tickets are $200+ , it felt good to be able to say yes I can make, since I’ve stashed a few dollars for fun/milestones. I’m thinking that I can book my trip and this would be my celebration for paying off CC9. It’s a mini vacation with great people.

Retirement
I rolled my coins and had a total of $34.50. SO left his rent payment so I’ll be heading to the bank 🏦 to deposit his payment and the rolled coins. I hope I remember to ask for coin roller paper, no need to purchase if the bank gives them to you for free. I’ll be adding the $34.50 to the retirement account.

I finally accessed one of two of an 401(k) I had with an employer. I worked there for 6 months so the balance is only $225. I’ll roll this into a traditional but I can’t locate the account number to set up the rollover. I tried calling and they’re closed. The second account I think may have about $2000 so I’ll roll this one over as well. I can’t access this account either, so I’ll have to call on Monday as well.

Other news, today I’m heading to Walmart. I’ll be picking up items to prepare for my meals. On the menu, pork chops, spaghetti 🍝 (again lol) and I still have chicken left so I’m adding green beans to it. I’ve fell in love with meal prepping. I notice I spend less at the grocery store 🏬 and life is so much better in the evenings. I’ll pick up a few fruits and throw them in individual containers, and it’s water all week.

I feel like I’m finally making some progress. Pray fully CC10 Will be done by the end of the year and then it’s the student loans. I’m anticipating about 3 years to pay them off

Goodbye CC9

May 31st, 2019 at 04:28 pm

I did it, I paid off CC9. I ended up taking the money from my savings, I’m okay with it. Once I collect SO rent I’ll put it back. I just wanted it paid before June 1. Unfortunately, the payment is still pending and probably won’t process until Monday, that sucks, but hey.

I also took a look at my credit score, it’s now at 786. Interesting, even though I paid off CCs I can’t hit the 800 mark, I guess the student loans.

Once that’s payment hit, you all will probably be awakened by my screams. I’m sure I’ll be hit with a interest invoice but it will be doable.

Wish Me Luck

May 31st, 2019 at 04:01 am

Today is the big day, I owe $548 on that stupid credit card number 9 💳 . I want to quickly review my budget to ensure that this baby can be gone today and I haven’t screwed up anything. I’m pretty good about missing stuff 🙄🤦🏽‍♀️

I’ve also got to go through some documents to get my 401(k) rolled over to my IRA account.

I’d made a change at the top of the year to my withholdings so that I take home more. For July I need to adjust that back to the recommended withholdings based on the IRS worksheet. I think I’m going to be good because now I’ll be contributing to an IRA plus my charitable giving (tithes) should help with reduction in my taxable income.

I just went through my cash envelopes and I have a total of $75, so excited. With the envelopes ✉️ I generally just roll the funds over to the next budget period.

Wish me luck, I’m going to crunch those numbers one more time and the boom 💥 she’ll be gone