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Bumping the EF

July 16th, 2019 at 12:43 am

Yesterday I walked over four miles and today I am paying for it, my legs are killing me.

The tenant made his rent payment so I’ll be adding the last $850 to my EF. That will bring the total to $4,226. I still have to add another, hmm 🤔 I’d say about $200 to this as well. This is also the last month that SO will pay the mortgage and I can add the $965 bringing the total to over $5,000. I’m so thankful that I was able to build this back up as quickly as I did.

I checked my cash envelopes ✉️ and have $60 left over 😁. I just kept the money in the envelopes. I did budget $115 this budget cycle for hair care but I’m reducing this to $40 and putting the rest towards the EF. I got my hair cut so I can try and do things myself.

It’s a Struggle but Also a Progress

July 7th, 2019 at 04:58 pm

Washed and colored my hair, saved myself $60. I do have to go in on Wednesday for a relaxer and and cut 🤦🏽‍♀️🙄. Wish I could do this myself but oh well.

Today was a no spend day. I’ve actually had seven (7) no spend days this month. I did buy one item that was not necessary, a float for the pool, I already had one, so I took it back. Got my $3 back.

The best thing I could have done was create sinking funds. I was invited to a birthday party for an old friend, who I love dearly. Even though we don’t talk regularly I would not have missed her party. Anyway, I had the money in the sinking fund to get her a gift, one of my favorite wines.

Also last week, I had the funds for my oil change 😃. Now it’s time to renew my professional membership, cost is $200, I’ll submit for a refund on the job, but if I’m not issued the refund I at least have the money.

Without these sinking funds I would have used a credit card. I’m so proud of myself.

I spent my afternoon balancing my accounts. One thing I noticed on the Vanguard account is an in and out, something called Swipe, what does that mean? Also, SO opened his retirement account, right now it’s $20 a week and we will gradually increase.

My net worth has decreased a little, I can’t wait until I’m able to see a positive number vs a negative one.

It’s a struggle some days but I do see the progress.

BoA Points, Poshmark and More

July 6th, 2019 at 01:01 am

Just cashed out 8,900 points of my BoA card, that was equivalent to $44. I’m adding the $44 to my EF.

The reason I was able to accumulate so many points was that I added my legal fees to the card and paid it off immediately. I have a few auto pay items as well, such as car insurance and cellphone and as soon as those charges hits I pay them off.

I also received another five star rating on Poshmark so I was able to cash out $3.05 from a sale. This was also added to the EF.

I’m 42 cents away from cashing out my Ibotta account. So far this month the extra earnings/cash rewards would be about $72. Not bad, I’ll take that. It’s really a refund on items I actually bought.

I finally got my oil change which was $40, geesh I remember when oil changes were $15, this is crazy. Thank goodness I have the car fund for stuff like this.

Yesterday, I bought a phone 📱 charger for my car, well something told me after the fact, to place the charger in a different outlet, well it worked. So I’m taking that back to get my $12 today. While I was in Walmart l also bought another pool 🏊🏾‍♀️ raft, not sure why but that’s going back as well, that was $3. It was a want and not a need.

Lastly I took a look at my budget for July. By the end of the month I should hit my savings goal of $5,000. Then August would be another $1,000 and I’ll be back to where I was prior to my legal stuff. I’ll continue to add to the EF aggressively until everything is all squared away. I don’t know, I just feel like I’m off my A game with my savings and debt repayments. I really wanted this credit card gone by the end of the year.

Friday Night Ramblings

July 5th, 2019 at 05:47 pm

Redeemed $5 on Receipt Hog and I’m about $.60 away from redeeming $20 on Ibotta. That’s $25 I’ll be throwing at my EF.

The day before yesterday I said to SO what’s your SSN I’m setting up a retirement account for you, you’re getting old. Without any questions he gave it to me and his Fidelity account has been set up. I have access to his account so I’ll start the weekly contributions low for him and then gradually increase. Even though I’m in legal mode and saving, I’m socking away about 2% of my take home pay until this mess is done. Then I’ll bump it up.

I’m so nervous now about retirement, my sister ran into an old family friend. She gave him a few dollars, he’s basically homeless, and in his 70s. She told me where she saw him. Tomorrow I’ll create a care package and take it to him. I pray this doesn’t happen to me.

Last week I had a dream that my brother’s attorney dropped hi case, last night I dreamt that my attorney sent me an email that she would be refunding my $5,000. I think something is going on. The week before I got the summons I had a dream that my dad, brother and I was talking. My dad was visibly upset with my brother but I didn’t know why. I woke up a prayed. Then boom the summons. I know that God is working things out. Deuteronomy 31:6 states be strong, do not be afraid, the Lord God goes before you.

No spend day

July 3rd, 2019 at 05:47 pm

Another no spend day today. So I’m adding two more dollars to my envelope. I did have to get an oil change, that was $40.65 and a must, but other than that nothing.

My car is at 252,602 miles, I can’t believe it and I love it. I’m going to hold onto this baby as long as possible. I do have to start saving a little more to the car fund.

Tomorrow I’ll spend time with my family, and that’s about it.

Tuesday Ramblings

July 2nd, 2019 at 06:38 pm

Today was another great day. Outside of spending on things I need, eggs, salad 🥗 to go with my frozen meal, and juice 🥤 I spent nothing. I also got $0.20 back by using Ibotta.

Because today was a no spend day, I reduced my personal envelope ✉️ by $2. Yesterday it was my fun envelope. The goal is to come in under budget with my envelopes and transfer this money to the EF. Last month I did a dollar a day, and socked away $23.

For me challenges work, it keeps me motivated.

For dinner tonight I had my frozen chicken parmesan, with a salad and toast with garlic spread. Everything was yummy.

Lastly, I dumped a $1.15 into my change charge after cleaning out my envelopes. I always cash in the change, that comes to about $22.


Pool, Credit Score and More

June 30th, 2019 at 11:08 pm

I’m so glad that the weather cleared up ☔️ so that I could hit the pool. The water felt great! Who says you can’t have fun while on a budget.

Our HOA is expensive, $185 a month, before I bought the place, I never went to the pool. The landlord made a comment once that the rent didn’t cover the HOA. I left like hmmm you don’t own your home so why go? I know stupid but I didn’t. I would ask the SO to go and he always said no, as well. That was another reason why didn’t go. Well I decided I’m going with or without someone. I’m paying for it now and these last few weeks I’ve been going and I’m like a kid in a candy 🍭 store anxious.

I only had one swimsuit and would have to keep washing, I found one at Walmart today for $9 and one at Target for $14. I’m good now because on average I go about 3x a week.

In other news I’ve set my goals for July
1. No dining out
2. Save and add $1,000 to EF
3. More cardio

I sold an item on Poshmark for $6 my earning was $3.05, adding to the EF.

I checked and my FICO score is now at 791. I can’t remember the last time it was this high. I know it has to do with me reducing my debt. I’ve always had a high debt to income ratio due to credit cards 💳. I’ve always paid the bill on time so I thought all was well until I realized I had no money left after each pay check.

Needless to say, as I continue to pay down debt and save more, this score will decrease and I’m okay with that. The goal is to not borrow again.

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.

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.

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.

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

Pending Payment

May 29th, 2019 at 06:34 pm

So excited, logged into my account and the payment to CC9 is pending, that means come tomorrow, the balance will be $850 then Friday is pay day and that baby is gone.

My second exciting item for today was, I came home and popped a meal in the microwave. It felt so good to come home and not worry about dinner.

I can’t believe it but these two things makes me so excited.

Goodbye CC9

May 28th, 2019 at 03:50 am

CC9 was/is getting on my nerves, I transferred $1,000 and paid on it. Friday is pay day and the remaining $850 will be paid then and I’ll finally be done with that sucker. Only bad part is I know I’ll be hit with an invoice for interest

Now it’s on to CC10. Goal is to have this one paid off by November. Then the only thing left will be that student loan.

Funny thing is, CC9 will be gone by Friday and I don’t feel like celebrating. I always sock away some fun money each pay date, $20 and I end up not really doing much when I meet a financial goal. The money just rolls over. What’s great is, because I do budget for this and then I don’t spend it, when something big comes up, like seeing Michele Obama, I’m able to experience that, it all worked out in the end.

Maybe I’ll change my mind by the weekend.