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Archive for June, 2016

Updates

June 28th, 2016 at 10:54 am

I am making some changes here and there with my nutrition. Small changes will pay off some day. I decided not to purchase any SmartOnes from Weight Watchers or Lean Cuisine. Although they're yummy, they are also high on sodium and quite honestly I'd rather try to lose weight little by little for long term results. I decided that I will only have soda whenever I eat pizza which is once a week. It's not allowed any other time during the week. This is quite the challenge for me since I'm a heavy Coke drinker. I just love everything about it but I also know how bad for the body it is.

I'm enjoying my time alone at home during the summer. I like getting up and going to bed whenever I want. I'm also depositing $150 to the savings account. It is sad to see the EF so low since I used the bulk of it to pay off the HELOC. There is about 6 months worth of expenses in it. I will use my summer savings paychecks to pay for DS#2 last college semester tuition. I'm ordering DS#1 birthday gifts today; my boy is turning 26 soon. I was 20 years old when I had him Smile

Thoughts

June 25th, 2016 at 07:28 am

One more day in Florida. Lots of me time as well as quality with my DS#1. We are definitely not relocating to this area in Florida when we retire. It's too city-like and this is not what I'm looking for.

This time alone has helped me recognize that I need to make some lifestyle changes. I need to take care of me through exercise, clean eating and get back to being grateful and seek a spiritual life. I also need to have more fun and reject negative thoughts. I decided to buy a threadmill but I will take advantage of the good weather now and buy it in December. Besides, it will give me some time to save up to buy it cash. (No more debt state of mind).

Cash flowing trip

June 19th, 2016 at 01:24 pm

Heading to Florida tomorrow. My airfare is paid, my portion of the car rental is paid and my half of the townhouse rental as well! Took out some cash to spend so I'm pretty set and feeling great to not have to worry about it after I come back home.

Debt free (once again)

June 13th, 2016 at 03:45 pm

Long story short for the newbies, we paid off all consumer debt and the house in early 2013 but accrued debt again in late 2015.

Yes, our savings dwindled down to 30% from 70% but we are debt free including the house. No car loans, no credit card balances carried month month, etc. We paid off the HELOC today. We are now off to build up the savings and more. It does feel good not to have that heavy weight on our shoulders. I promise not to get into debt again. It just doesn't feel good!

Some updates

June 12th, 2016 at 05:14 pm

My heart goes out to the Orlando victims and their families in this day of sadness for our country. I really just don't understand.

Hubby began pulling some shrubbery from our yard. It's been long overdue and we should be done next weekend. The tomato plants and growing and I really hope the plants produce enough to be able to can some of it. We also hit the 70% mark on our savings goal. We are pushing for 75% by the end of the summer. I leave for my Florida trip next week. I'll be there for six days. If I have a little more money left over, I'll see if I can swing an August trip to see my Mom.

I hope you all have a great work week (this is my last full week at work). I'll be done next Monday!

Cash is King First Week

June 9th, 2016 at 04:18 pm

I am happy to report that the envelope system is working nicely.

The two categories to see some action is the food and miscellaneous categories:

Food: $234.00 of $250 left (I realize that this is quite a low amount allotted for food but the freezer is packed and main staples in the pantry)

Miscellaneous (cc charges, eat out, beer and gifts): $134.00 of the $200 allotted left. $50 of it will be gone this weekend, $25 for a baptism gift and a child's birthday party. I will have to be extra careful! I've made one two small credit card transactions because I forgot to bring cash. They were deducted from the envelope system and paid these two amount already.

I hope to have a surplus at the end of the month to be able to pay for my portion of my hubby's Father's Day Gift which is $25.46. The boys will be each pay 1/3 of the purchase price.

On another note, I only have seven school days left and I'm off to Florida for a week. I decided to go see my sister who has had a major health setback but getting better.

I've also made some financial mistakes: I forgot to make payment on a credit card and as a result had to pay a $15 late charge and .44 in interest. I attributed this blunder to the fact that I hardly use this card but nonetheless is totally my fault so I paid for it. I also paid an extra $20 for cell phone data. Went over big time! Oh well...you win some you lose some!

So it begins and the envelope system

June 3rd, 2016 at 03:27 pm

Well, the living on one income test run begins this month but I realized quickly that I had to find a way to keep track of the money and hold myself accountable. I set up an envelope system with six different categories: property taxes, heating oil, groceries, miscellaneous, dog, water/sewer. There are a few other categories that are easier to manage. Property taxes and heating oil are very difficult for me because I don't have to paid them every month, but I find myself scrambling to pay them when they are due. I want to account for all of it month to month.