End of Year Round Up

Almost there
I always spoke of my husband as "Mr. Doomsday".  Y2K?  Oh, yeah... he expected the world to close down. The Gas Crisis, The Economy is Tanking, Buy Gold, The Banks are all Going to Close Down, I've heard everything.  I try to stay positive minded even if it does mean that I'm ignoring the inevitable.  I refuse to live in a negative mindset waiting for something bad to happen.  Unfortunately, even though the worst hasn't happened - it's the media that can make or break my happy joy joy concept.  I'm about a month away from having enough money to pay off my car.... VERY EARLY!  Shortly after that, I should have enough to pay off my final debt and that would have me screaming, "I'M DEBT FREE" - but hold the phone.  If the economy tanks. If my husband's hours get cut back again like they did on 2008. If. If. If.... we'll need that money to make the ends meet.  I'm in a rock and a hard place.  Of course, paying the car and that last credit card would free up about $425 a month from our budget, but will that be enough?  I'm chomping at the bit.  It's every Dave Ramsey follower's dream to make the call to tell Dave that I'm debt free!   Long story short - we're almost there!

Debt Free Christmas
What do you know - we paid cash AGAIN for Christmas this year!  We stayed under $1000 for everyone (and that includes my son's 19th birthday which falls in there too)  $1000 is probably about $200 more than we spent last year I think, so it felt like we hit the lottery and betcha believe that I used coupons, hit sales, comparison shopped via Internet like you wouldn't believe. My motto - NEVER PAY FULL PRICE!!

Goals for 2011
Oh, I will be debt free this year.  That's not even a question.  We have our 20th anniversary and we WILL be celebrating that ....with CASH someplace nice, romantic and not HERE!   If all bodes well, I will be well into BS3 by the end of the year.

Baby Steps
Baby Step Four - Retirement.     That one's got a big "YEAH RIGHT" attached to it.  We're so far behind in saving for retirement, and with the markets the way they are - I'm not too gung ho for this step at all...
Baby Step Five - College.   My son just decided to go to school.  He'll be starting his freshman year at a state college.  Very proud of him.  Very happy to see that a lot of what money he has been gifted through his life will come close to paying for it, and he will be coming up with the rest. Or such is the game plan currently.

Where do you put this?
Is there a Baby Step Sub Category for this or is it just a budget line. Once this debt is gone, Once BS3 is complete, I want to save money for another car.  Husband's car is going on 7 years.  Not bad for a Hyundai. It could last for several more years {God willing}, but his inner child went looking at cars and is somehow figuring that 2012 is the death date of the Elantra.  We have a difference of opinion on that - but having a nest egg would be nice. 

The more things change the more they stay the same
Cash. Coupons. Envelopes. Budgets.  - the plan works if you stick to it!  Looking back at the debt we've paid off - well over $45k, I'm quite proud of how far we've come, HOWEVER - I don't feel comfortable trusting myself without our plan, without a budget -we'd fail.  by allowing the use of credit cards - we'd fail miserably.  Stick to the plan, Stan and have a Happy 2011! 

Been a long long time ....

Looks like I haven't posted on my blog in over a year.  Wow, that's REALLY good, Wendy!  It's been a whirlwind year, that I can promise you.  So let's backtrack just a touch.  Rewind to July 2010.

YEAR THREE UPDATE:
Gazelle?  No.  Steady?  Yes.  We entered our third year of getting out of debt by STILL using envelopes, STILL sticking to a monthly written budget, STILL paying cash, NO new debt and plugging away at that last credit card with the almost 0% for life APR and the loan on the Mazda. Monetarily, life was steadily moving forward.  Should we be out of debt by now?  Sure.  Could we have been?  Possibly.  Three envelopes got a little extra money than they had in the past:  Dining, Grocery and ENTERTAINMENT and the additional money placed in those envelopes could have helped out the debt.  To that I add: "ALL WORK AND NO PLAY MAKES WENDY A DULL GIRL"

FAST FORWARD TO PRESENT:
Not the best of news but with a definite silver lining -
Writing on the wall:  Felt it coming.  Oh boy, did I ever feel it coming.  So much so that I was actually relieved to hear the words: "We're going to lay you off, Wendy."  It came at a good time.  While monetarily everything was working right, so many more aspects of life were not.  This time off is giving me the ability to work on getting everything on an even keel.  Meanwhile, on DH's workfront - several raises and a promotion since I last posted.  Our "storm cloud savings" has us set with a pretty good buffer for my off time. So much so that I could actually pay off the credit card, but with the cloud still looming. I'm waiting it out.  Quick thinking had me save for Christmas PRIOR to the layoff, so I had my 3rd Debt Free Christmas.

COUPONING:
Have had a lot more time to play the coupon game a little more, and have been on so many great blogs and message boards so I am back to saving some serious coin on groceries.  My stockpile has increased again.  It's amazing what a comfort it is having that stockpile.  It's like a safety net. 

Here's a few of the great places that I've been hanging out lately:

A Full Cup - Message Boards for just about ANY store you'd go to!
Couponers Welcome - Message Boards like above
Jill Cataldo - OMG! She's amazing!

So all in all, would Dave Ramsey be proud of me?  Not entirely.  He'd probably yank my ear and tell me we're dragging our feet and it shouldn't take this long to become debt free and that doesn't even begin to talk about retirement savings. I'm proud of how far out of the pit we've climbed, but there's always someone to tell me I'm doing it wrong. ;) 

End of August - Start of September Update

What we're doing - How we're doing
Summer is a hard time to stick to the budget. Isn't it? There's always something to do and only so much in the Entertainment Envelope to do it with. What to do when the itch isn't satisfied when the money runs out? We re-established our Netflix account and filled up our queue with movies we missed all summer.

Despite playing catch up with our slow months we had this year, we were able to take a real healthy bite out of the Chase credit card. The 0% teaser rate is over and I was really hoping to have knocked that out before that happened - but I also wanted to throw some of this extra money into the Gifts Fund because alas .... Christmas is coming! Don't shoot the messenger! The remaining balance will be under a grand and I'm hoping that my hours for fall won't change too much that it will accommodate saying "Zippee-dee-doo-da" to the Chase Disney Card AND fun the rest of my Christmas shopping.

Budget Lines that Need Help
We have to sit down and look at the budget really hard. We've been running with a strapped budget and using the extra summertime wealth to try to kill that Chase card. There are a few budget lines that got cut that I really need to start funding....and fast!!! House Maintenance and Vet Fund. I'm down to my last $100 in the House account and although we have a newer house, I'm not too terribly comfortable going into the winter months with a mere hundo in that account! We adopted two kittens (brother and sister) and the entry vet bills are a little more than I had anticipated or planned for. I've got a couple months to come up with Spay and Neuter money before little Miss Nala goes into her first heat!

No Credit Cards
Still no NEW DEBT on the credit cards! The credit card companies have been sending transfer checks like demons. I haven't cancelled any of my cards - but I did find that Sears closed my account due to inactivity. I'm not sure if I got a letter on that or not. I didn't pay attention to it.
I should probably pull my credit report and see what the dealio is with that and other cards. I wonder how that effects the credit score.

Our 2 Year TMMO Anniversary

July 1st marks our 2nd year of our Total Money Make Over with Dave Ramsey. Those who read my blog knows where I stand now.... but how did this all start for us?

How we got so far in debt - in a nutshell
Two Words: Credit Cards
One Idea: Living WELL past our means
Why?: Keeping up with the Joneses
Frame of Mind: Scared Stupid

It was just too easy to live on credit cards. It wasn't even that we were charging wonderful wardrobes, stereo equipment, vacations, posh furnishings for our house, etc. Because we weren't. Don't get me wrong, we were buying things we didn't really need but the brunt of our debt was basic survival charging: Groceries, Doctor's Visits, Bills, Dining Out, Diapers, Clothes, Gasoline etc. It was insane, but we charged over $1000. a month almost EVERY MONTH! Then there's Christmas, birthdays, weddings, etc. We didn't really see any problem with it as long as we were paying the min balance due every month - we were fine! Oh crack me in the head! It was just too easy to live on credit. The stupid thing (besides the obvious) is I could justify everything. I would cut coupons and save at the grocery store - but use my charge card to pay for it. I kept track of my grocery "savings" and put that money into a vacation fund so we could go to Disney. Stick with me on the thought process.

1. So I was taking money out of our checking account and moving it into a savings account for a Disney trip.
2. I used credit cards for the groceries at like a 12.5 APR.
3. Needed to use the charge card more because the extra cash was sitting in my savings instead of paying for things I needed or at least the groceries I bought!

Worse of all ... I didn't see a problem with this.

Our other survival tactic: The Balance Transfer Check
Can't pay the bill? Transfer the balance to another card! That means we don't have to make a payment this month! I did that often. Too often! Wayyyy too often.

So when Dave Ramsey says, "I've done Stupid." I can nod my head and raise my hand because friends... "I HAVE DONE STUPID!"

When to say when ...
I've attempted several times to throw up the white flag. "We need to cut back our credit card use" "We need to pay some of this stuff down" And we tapered down successfully for a little while... until a birthday or school clothes and supply shopping or Christmas. We were paying about what we were charging and while that was better than what we had been doing - it wasn't getting us anywhere! We were skimming yet we felt triumphant.

Finding the Light called Dave
Purely accidental. I had no idea who he was - this concept or anything about him until I was on a website/message board for coupons, deal hunters and freebie deals. There was a banner ad for Dave on there with comments from the forum regarding it. The banner ad was for Dave Ramsey's Financial Peace University. I clicked the ad and have followed ever since!

The Cold Hard Truth
How bad is bad? The numbers paint a story. Dave's first lesson is to come to reality with the debt. Add it all up. Get a number. Find out what kind of hurdle you need to leap. Our hurdle was in access of $65k - easy! In fact, I can't find the exact number when we first started but I know it including some very high balances on credit cards that had been surfed there for safe keeping and a car payment. I had read about people committing suicide for being in debt less than that or at the very least filing bankruptcy to try to get rid of it. Embarrassment had kept me out of bankruptcy court at first - Dave has kept me out of it since. My debt. My responsibility.

Not Perfect
Last July there was a moment of weakness and her name is: Golden Sand Mazda 3 to the tone of $325 a month. It is what it is. It's proof that I'm human. It's proof that I am still capable of making bad choices. It's proof that although I have come a long way .. there's still traveling left to do. If I hadn't bought the car I would have had that much more going into the snowball and I'd be that much closer to being debt free.... but instead: I'll be stumbling through Baby Step Two a little longer. So be it. As the snowball works it's magic the car will be paid off in half the time the loan was for.

Happy Anniversary
Here we sit at our second year - a little smarter, a little more secure and a lot more happy!
What an experience!

How sweet it is ...

Happiness is ....

Realizing that no matter what's been happening .... WE ARE SURVIVING!

It looks as if my husband's job is back to normal swing. My job is at normal swing plus a day. The overtime I worked that I thought was going to kill me -- didn't and I have two really sweet paychecks to show for it.

Through the darkness - we never used a credit card. We never fell behind in payments. We never once felt as if we were strapped or stuck.

With our stashed cash (extra paycheck, tax refund money etc) and overtime check we were able to:

1. Send an extra $2000.00 to our lowest debt in July.
   
2. Pay Extra towards what we owed for Property Taxes due in July
3. Put aside some Play Money for summer (Summer Fest and Brewer game)
4. Did all of our annual outside maintenance.

For those still wondering if ENVELOPES are a good idea:
So far this summer we needed -
$200 for lawn repair
$200 for an air conditioner replacement part and labor
$45 for driveway seal coating
All of which came from an account already funded for Household Repairs and such. The only inconvenience I had was transferring the money from my Savings acct to my checking!! Thank goodness for thinking ahead! That would have been $445 on a credit card if we hadn't planned ahead!

I'm truly thankful for the lessons I am learning!

Has it really been that long since an update?

Hello Wendy! Where have you been?

Looking back - it's been almost two months since my last update. Where the heck have I been? Working for one. Spring means leading the training classes above and beyond my normal work load. With that also comes some nice overtime hours - but less time for other things. More news on the work front - I have been (maybe temporarily) been given an extra day a week. I haven't noticed that so much because with the training, I've been working 6 days a week anyway.

What does this mean for the financial outlook?

We used some of the extra income to re-fund envelopes that had been neglected, did our outside spring maintenance and flowers, put some aside for summer entertainment (you know what they say about ALL WORK AND NO PLAY) and put some aside for our real estate taxes next month as I was a tad short.

My husband's hours are still shortened. They can't seem to make up their minds between 32 and 40 hours. It's been a week to week thing. So my extra hours is also supplementing our regular income when he's not working 40.

I see a light at the end of the tunnel!

It's funny. With the economy being in the shape that it's in - the theme seems to be: Cut back, make concessions, spend less, save more. I've seen so many people struggle with this "new" concept. Since our family has already been doing this, it hasn't phased us. We had the stockpiled groceries to fall back on, stashed cash for a "rainy day" that we haven't needed to use and the knowledge that we needed to stay out of restaurants and bars. You'd be surprised how many people I work with who are complaining - yet go out to drink, eat and I won't even start my rant about those who still smoke with the prices as they are! The truth is the economy nonsense hasn't really touched our business too much. We are still thriving in our tourist town because of the obvious - people will still take day trips even if they can't take week long vacations.

What's next?

As soon as my husband's hours get a little more reliable I will be sending our "stash cash" to debt number one. All our efforts will go to batting that puppy down if not off before the 0% APR special wears off in September. It will be good to get on the "more than mins" wagon and start going gazelle like we were all last year. There is big fun with that! I really miss watching those balances fall.

Attending: Dave Ramsey's Town Hall for Hope

Marching out of Darkness
If you haven't checked for more locations, check again! I found one extremely close to me so I will be attending this broadcast town hall meeting! I'm very excited to find a positive light and move forward!

April Update
The 40th year has happened to me. Despite the "over the hill" gifts that I was given, I don't feel old or depressed about the landmark birthday. I am going into my 40th year of life with a positive outlook. It's so easy to fall into the negative and point fingers for why you are not happy with your own life. I'm taking control of my own happiness! Sounds like a bit of trouble is in store.

Our financial outlook is still on a teeter totter. My husband's job is a true look at the economy. Some days it looks like things are getting better -- and then it retreats. They hint to the hours coming back to the normal 40 per week, but they make no promises to if it will happen or for how long it will last. In the meantime, my hours are picking up. It's amazing that our budget has withstood this crazy roller coaster ride - but we are still proud to say that we are still a CASH ONLY family! It amazes me when I look back on how dependant we were on credit cards. If you would have told me 3 years ago that I could remotely exist without a credit card I would have laughed in your face! Education is a beautiful thing!

Another 5 paycheck month is upon us too which is always quite helpful in budget making - although we will probably stash it into our Emergency Fund while we watch and wait to see what hubby's job does. I've learned that all is not always what it seems with that place. I'll keep it as a back up plan. I have to say though, when this breaks - there will be a very nice lump sum payment to that lowest debt. I can't even tell you how exciting THAT will be. It's been a long time since I've been able to comfortably do that!

Emotional Roller Coaster

Do I blame it on midlife crazies?
My fortieth birthday is right around the corner. I think that although I'm looking forward to the benchmark occasion, it's playing hell with me. Some days I'm the same as I always was, some days I'm just a mess of anxiety and other days I just want to bury my head in the sand. I'm forty. I'm still in debt - I don't have much on the lines of retirement savings to speak of- I'm bored but I'm broke. I need to do something ... but what?

Insurance Update
While I can't fully explain it to you because I don't quite understand it myself - the new insurance at my husband's workplace isn't as it was explained to me at first. It's better. I swear when it comes to important things like this they should invite the family in so more than one person hears the story because, love the husband - he only half hears things and if he doesn't like what he's hearing he either quarter hears or mutes all together. :)

Economy in a tourist town
It's not funny, but amazing that even in times of financial struggle that people will come to our tourist town for entertainment. We've had a busy week at work and while sales may be down (like everywhere else) they could be so much worse! I start a training class today (I play teacher for those who are new to my blog). It's a good sign when we are looking through applications to hire a full summer's worth of employees. That means we are planning for a good summer regardless. That helps the budget - and may even jumpstart the snowball. I'm looking forward to it.

When Dave Ramsey's plan gets boring
Man, for awhile there we were hacking away at the debt. So much money towards the snowball, balances were dropping fast and it was FUN! It was mindblowingly fun! We haven't made any extra payments towards anything for awhile because of the cut hours we both sustained and I'm telling you - Dave Ramsey's plan just doesn't have the fire in it that it did when you are acting like mad person just paying down and paying off things! I haven't even listened to his show, or visited his site or even really visit the message boards that I used to live on. I'm just following the motions and making sure that I stick to the budget --- that I stick to cash --- and we don't fall backwards!

Mid-month Update

Looking up?
Some hours are coming back. My son is back to work. (and working more shifts than normal for this time of year) My hours should start picking up a little bit - training will be starting soon, so it's inevitable. And my husband looks to have picked up a side gig for the summer. We are still holding tight and stashing money until we feel comfortable releasing it against our debt. The budget was so tight there it screamed. A few of our sinking fund envelopes need to be refilled too, so I think I will wind up doing that before I press "GO" on the snowball button.

Insurance Blues
My husband has complained about the cost of health insurance from his company forever - and last week's company meeting made it all the worse as they rolled out the bad word - "DEDUCTABLE". We've never had a deductable, just Co-Pays and a prescription card. The company went away from Co-Pay and Cards to this high deductable plan - which will save us a whole whopping $6.00 a week. Basically, it will be for major medical - because I can't imagine we'd ever hit the deductable. That's going to hit the budget because what went from a $55 sinus infection (co-pay and script card) to a $225.00 sinus infection. (more or less)

Spring .... really? You're not kidding this time?
The midwest has seen one long winter. I'm so thankful to get the car cleaned up and drive with the windows down! The backyard is going to need a little work this spring because we didn't do too much last year because I didn't budget much for flowers, goodies and the grill's propane tank refill. I've got to pull that rabbit out of a hat. :)

Happy Spring Everyone!!

Updates for March -

Temporary Transfer Rates Bite you in the Butt
I had transferred a balance to a low rate card for a specific time frame that I thought would have been no problem paying off before. Of course, that was prior to the latest changes in our financial situation.

I thought with the hours we were pulling I would have had it paid off in a couple of months. I thought with the extra money coming in that I would have killed off two of the small debts by mid year. What's the lesson learned? Don't think? NO! I guess, it's to plan for the worst case scenario and if you are able to do best case instead at least your backside is covered.

I wound up taking some savings and paying off the smallest credit card of $1,900. The new finance charges were a joke. Here's how the credit card companies get rich (in case you haven't noticed already) - Min payment due: $35.00, Finance charges added to the account: $26.00. Paying $9.00 towards principle will keep that card there FOREVER. Dumb. I can't wait until these cards are paid for!

March Budget - Back to the Basics
I started Dave Ramsey in July of 2007, prior to that I had built a budget - but it was for bills - not for life spending (doctors, clothes, groceries, hair cuts, etc). I found some of my old "budgets" and realized all of what I had learned since I found Dave. I have been credit card free since July of 2007 also as a result.

So my husband and I are on shortened hours. Actually, my husband has been using his vacation days to "fill" the missing hours of his paycheck. Sooner or later that will run out, so I am hoping we get back on track. I have built the March budget to be as lean as lean can be. I'm trying to exhaust all options before I do any panicking. There's discussions of mortgage adjustments and crazy things like 40 year mortgages. I don't want to do anything drastic that doesn't need to be done.

Obviously, we are still on minimum payments on our debts. The Snowball has been stuck on the hill for quite some time now and it's pretty depressing to just see it hover there. It was so much more fun to be paying these down rapidly. Looking at the new numbers monthly was exciting as well as rewarding.

Finding Happiness in a Gloomy Time:
In what would be a depressing time in my life, I have found some perks. I have been reuniting with old friends from a simpler time in my life and while some of them are doing so much better than I am, a bunch are living the same life I am. It's been a good distraction and has kept me from staring at numbers that don't change and beating my head against the wall for things that aren't changing fast enough. Thank God for those minor distractions!

Trudging forward ....

New Budget for Lean Times
February marked the first budget for the lean times and shortened hours for both husband and myself. Whoa! What a difference that money made in our existence. A lot of needed items were cut from the month to month budget for now and thankfully there's a surplus in the category's sinking fund so I'll be okay - for now. We are already backed to minimums on our debts which is still $600.00 a month and not much left to cut back.

I was able to tuck away my "extra" paycheck for January just in case we run a little short until this mess sorts itself out.

My husband's job happens to think that February will be the leanest month of the year and that things may return to a closer sense of normal in March. They've already done some severe and some shocking lay offs - so they are down to skeleton crew.

The restaurant business in a tourist town is a fickle thing, however the few things I can count on= Winterfest, Spring Break and Summer Kickoff (Memorial Day.) As long as I can keep it together until then, all will be fine. I just keep telling myself that. All will be fine.

Oh, I AM getting a tax refund!
With my son have turned 17 and we no longer get that great discount for having a child - I was a little concerned if we were going to be getting back much of anything. If I could jump on my soap box a moment: How in the world do they consider a 17 year old "not a child" when they are still in high school, not living on their own, and still raiding the pantry, going to to the doctor, dentist etc. I'm still responsible for him - the credit should last until the year he turns 18! ANYWAY, I did my preliminaries on the Tax Cut software to see that despite no credit for him, and the extra income from ChaCha and Mike's blessed overtime, that we are actually getting a refund. For now, I'm going to hold onto it as a monetary security blanket. Once things turn around - out goes our lowest debt. BANG! Right now, I need the security more. That debt costs me $24 a month. I'll ride on that thought.

Stress
How do you cope with stress? Not just money stress - but any stress? I've had some major upheaval in my life lately and the stress is starting to show in different places -- but I'm too broke too drink! ROFL!!!

Another Goodbye To a Faithful Friend
January marked the passing of our second 20 year old kitty, Chelsie Lynn. She was a remarkable cat who I think was in life and will be in death our family's guardian angel. She was such a blessing to us I can't even begin to write in a blog. Much like my other kitty that passed last year - they aren't replaceable. They will forever own my heart.

Happy New Year! (yes I know it's mid January)

Happy New Year!
I've never been more concerned about a year as I am entering 2009. I refuse to be Henny Penny and cry that the sky is falling, but holy cow! I hope all my blogging buddies are weathering this financial storm okay. All I can say is:

1. I'm glad that I started Dave Ramsey when I did, so I have a whole lot less credit card debt than I had before which means lower monthly payments.
2. I should not have purchased that car!
   

At a Complete Stand Still
Storm clouds all around and doesn't look to be getting any better until this economy shifts. My husband's overtime was such a blessing in helping whack the debt away - however without it it seems like nothing is getting done. No extra money to the snowball, and cutting back on some budget items that we could do without -- temporarily. Good news is -- that despite the lay-offs that have been rocketing through his workplace -- he still has a job.

My son and I work at the same restaurant. We got news that he will most likely get laid off until spring and they look to be cutting everyone's hours - including managers. These short checks really are starting to hurt.

Silver Lining
Having a stockpile is really going to come in handy! The grocery bills have been low and can probably go a little lower if need be (who am I kidding ...there will need be)

Wishing everybody the best!
Hold onto your bootstraps everyone!

Looking towards 2009

I know it may be a little too soon for anticipating what next year will hold, especially in the economy the way it is now. Truth is, I'm a planner. Even if the plans change, at least there was a plan.

My goals for 2009 are:

1. STAY EMPLOYED!
2. Continue to use CASH!
3. Stay on Budget.
4. Continue the stockpile and build an area to better organize the stash.
5. To have the two lowest debts paid off.

Overtime Cut, but Surgery Postponed.

A little bit of this -- a little bit of that

The economy has caught up with my husband's workplace. At least temporarily. All over time has been cut - which isn't a bad thing considering his knee problem has gotten so much worse. They are on 40 hours a week and not a minute more. Thankfully, we've done so much to get ahead and the stockpile is to a point, that I don't think it will effect us in the least. The snowball just gets stuck on the hill for a little while.

We got the results of the dh's MRI and while the doctor didn't have much to say either optimistically or pessimistically, but we don't have any new answers - however we will have a new doctor. He's transferring us to the University Hospital in Madison. What this ultimately means we bought a little more time before surgery. The nest egg can grow a little more while we wait.

The roller coaster of work is going great for me lately. I've been able to pick up a few extra hours here and there and I'm able to fill my workdays with things that keep me busy. There is nothing worse than not having enough to do to fill your day! It drives me buggy. So while my dh slows down, I'm picking up. It's a good yin and yang that we always seem to have going on.

ChaCha has been going through some growing pains this weekend (which is spreading into the week), but all is good. I'm thankful that I have enough in my ChaCha account to go Christmas shopping without cringing. It's still worth it to me and it's not like I'm not already sitting at my computer anyway, right?

Gearing up for the Holidays (already) and Updates

October Updates:
I'm sorry I didn't post my October budget snapshot for everyone. It's much of the same from last month actually. We're still plugging away at the bills - just not as intensely as we were. I guess our gazelles needed a break.

Money Savings:
The stockpile is growing leaps and bounds by the deals I have been getting at Walgreens and Meijer lately. The industrial size shelving unit I bought to put in the basement is nearly full! My freezer is getting full, and my pantry is overloaded! I feel like a squirrel gathering nuts for the winter.

Possible Surgery:
Overtime does take it's toll.... eventually. The dh went to the doctor last week and they are discussing surgery on both of his knees. Thank goodness for disability insurance and an emergency fund! Even if he's out for a bit (which Mr.Stubborn probably won't be) we'll be covered.

Christmas Shopping:
The task has started. My teenage DS's wish list includes an IPOD and not the Shuffle or the Nano. This kid is no slouch! We're talking the iTouch! Thank Goodness for ChaCha! I've got that one covered. As the years go by, I have less gifts to buy -- they just cost more!

November:
I remember last year, November killed my budget. Of course, I forgot to write down what about it killed the budget so I can't remember what needed the extra funding. I have dog-eared the thought so I can set some extra blow money aside for whatever it is that November holds ... especially if November is when dh is out for surgery!

BTW: I finally updated my debt totals to the right and the pie chart is now correct.

September Updates:

September Budget
Sha-pow! Look at the debt total grow! Adding on the new car payment and DS's wisdom teeth bill to this total, plus new tires for the DH's car.

We had to dump some more money into the vet bill fund for the winter. We're still struggling with health issues of our older cat - and we are coming up to allergy season for our younger cat. If you haven't been reading for long, we had to bring our younger cat to the Vet ER for what turned out to be an asthma attack! It was scary stuff!!


Grocery Store Victory
My stockpile is growing by leaps, bounds and mountains! I've been very fortunate to be able to save the kind of money I've been saving. Coupons, sales, rebates have been a true blessing getting groceries and stockpiles for next to nothing.

If you haven't checked out HOT COUPON WORLD, I strongly suggest that you do. The scenarios they come up with are beyond amazing!!!

Appreciation Speaks Volumes
What motivates you? Are you a self motivator? What does it mean when someone tells you that they really appreciate what you do?

I'm a self starter at work. I know what I need to do and that's what I do. Every week, I make a list of what I want to/have to accomplish and I cross things off as I go. Sometimes I think the boss has no idea what I do because I just get things done.

This weekend, the managers were brought into the office one and a time the boss talked to us. Don't get me wrong, my boss OFTEN says "Thank you." and "Great Job." but you never know if he from the heart means it or not. This talk you knew without a shadow of a doubt that he meant it. I felt like a kid showing his prized art piece to his mother and the elatedness when she said it was the most beautiful thing she had ever seen! It was an amazing feeling to know that even the little extra things I do - he notices and APPRECIATES.

Christmas Shopping
This is the best time to start grocery shopping. I don't care what kind of sales they have after Thanksgiving - if you compared them to the everyday prices now - you won't find much of a difference. What you will find are less people, less traffic and less aggravation. So the answer is "YES". I have started my Christmas shopping. 2 gifts down and several more to go! I'm keeping my eyes peeled for deals and my earned gift cards from places like MyPoints.com, ChaCha and our phone rebate to help pay for it all! Let the fun begin!

Updates of sorts ... aka ramblings.

We're plugging away. The husband's overtime while a hinderance to our play time, has been very important in our quest to pay down things and keep afloat.

Winter is only a few months away
I just read the latest from the Farmers Almanac and have hit up the Craigslist looking for a snowblower on the cheap. They are predicting over average snowfall for the Great Lakes/Midwest and if it's going to be MORE than last year - we are going to need the help of a machine!

On the Workfront
My busy season at work should be ending by mid-September. We have one more training class starting in a couple weeks so that gives me a little boost in the overtime department. I don't know what it is but my paychecks have been lower than they have been in years. Worse yet, that's even with me not allocating any part of my paycheck to my 401k. CRAZY!

Budgets
The good news is that budget is working for us! We have stayed on course with that for 13 months. We did wind up putting DS's wisdom tooth surgery on the Care Credit and that's the first and only "card" usage we've had in that time too. Not that I'm proud of it - but that price tag hit me for more than I had in the "Medical Fund" envelope.

Working for ChaCha is Working for Me!
They've made some changes over the past month but things are working smoothly! The money I've been making by doing ChaCha will go to help pay for gift shopping this Christmas and through out the year. If you are remotely curious about what ChaCha is you can revisit a previous post about ChaCha ---> HERE <--- If you are interested in joining ChaCha I would LOVE if you would use my email address as a referral. So far I have three gals on my team and there is room for many more!!

If Wisdom Teeth were so Wise ...

Wouldn't they know we didn't need them??

Welp, I had to know they were coming sometime. Our DS had his wisdom teeth taken out today. And wouldn't you know it - our medical insurance wouldn't cover it. Not even a dime. Add to our debt total another $2600.00.

Is that my kharma biting me back for buying the car? Yeah, probably.

Another bite to the budget happens next month in the tune of new tires for the dh's car. He's been driving on baldies since last winter. He'll need them before the Ice Capades of Wisconsin driving season starts again.

Things happens in threes? My Cahoots's final vet bill, Tires & Wisdom teeth out. Thank goodness the dh is on overtime pay still!

Updates

A Raise and Increased (and MANDATORY overtime)
For me? Are you kidding?! No, my stallion husband is the work horse in this family! Last week he was given his annual raise. For what he does for the company he deserves far more than they could ever afford to pay him, but he was happy with his raise. This week they had a meeting and not only is there overtime available ... it's now MANDATORY per the company president! No ifs, ands or buts about it. This will go on for the rest of the month and they will "revisit" the idea and see if it can and should continue.

Wendy's learning to Cha Cha!



So can you REALLY make money from home sitting on your computer? The answer is YES! I've been doing this Cha Cha thing for a couple of weeks. (I took off 6 days to enjoy what time I had off from my other job on this busy holiday weekend!) The consensus? Well, I've pulled in a little over $84.00 already! The crazy thing is that it can only get better as I get faster at answering the questions. Most people average about double what I can do. But you know, for sitting on my computer looking up random questions and giving answers - this is a blessing. A stress less atmosphere!


So what's it all about? Go see for yourself - http://www.chacha.com/. Or text a question to 242242 and see how it works for you. Cha Cha doesn't charge you to ask questions, but be aware if you pay per text message with your cell phone provider.

I've started my Cha Cha team. I know, I know.. I just started myself - but I always jump in with both feet! The more learning at the same time the merrier! If you are interested in joining Cha Cha, please use my email address as the one who referred you. That way you will be included on my team and we can work together! The email address (made into a graphic to avoid the spammers) is:

When you join, before you carry onward, please email me and I can work you through the steps and share the things I have learned so far.

What does this all mean?

The overtime will be helpful in getting the ds set up for his junior year of high school and pay extra towards our credit card debt and the Cha Cha will go towards gift buying expenditures. Birthdays on the horizon: My dh, my mother and then my son -- don't blink -- Christmas! I think it will come in handy!!!

A Year in Review - My TMMO Anniversary!

I thought it was appropriate to take a moment (okay several) and take a peek back at my successful year of climbing the Mountain of Debt. I have tried before to "pay down" the credit cards, but I'd never been successful as this year. I stuck to it! A whole year! I don't think I have stuck to anything this tough for a whole year before!

One year ago: Debt Totals
Chase: $8588.00 (random spending surfed/stored here for a lower rate)
Citibank: $10958.00 (this one too)
Bank of America $16830.00 (this one too)
Discover: $1600.00 (used for purchases)
Citibank 2: $1743.94 (the used card - when the balance got to high it got surfed ... see above)
Car Loan: $5389.00 (which I am proud of. We were 2 years ahead on this car loan)
Emergency Root Canal & Crown: 1505.00

Budget consisted of:
Mortgage/HELOC (creative financing package to eliminate PMI)
Utilities
Groceries (that I never stuck to)
Debt Pay Offs
Taxes
Savings Accounts (Christmas, Vacation, Home Improvements, DS's 529)

The Feeling -- The Fear -- The Failure
My dh tells doomsday stories of the failing economy almost daily. He doesn't handle the bills or the family finances. He never even looks at them. His talk plus our financial situation was making me panic! HARDCORE! The fact that they were talking about raising the minimum due % from 1 - 2% of remaining balance on our credit cards made me SHUTTER! We were going to fall apart and fall apart fast!
I was looking into refinancing the house and hoping I had enough equity to roll some of my large balances into my home loan. I was stressed to the core, yet couldn't talk to the dh about it because the arguments would get ugly. I hate ugly arguments.

Miss guided Priorities
I've always been a pack rat. I've always had a thing for savings. I had savings accounts that I used as sinking funds for everything. I had these long before I heard of the word sinking funds. Congrats to me to have done something right in the last 17 years of marriage! However, my ability to save money for certain things like 2 wonderful Disney vacations means that credit cards were being used to pay for other things while I was tucking away money for the vacations. As you noticed - my budget had wide holes all over it!

July 07- July 08: The Year of the Plan

1. NO credit cards! I don't care how bad you think you NEED something! Either you pay CASH or you don't get it!

2. Prepare a Proper Budget. I have ALWAYS had budget. The problem with my budget is that it was missing the everyday life things: clothes, medical bills, hair cuts, vet bills, dentist visits, dining out, entertainment etc. It always consisted of what bills were due and nothing more than that. That's where the credit card enters the game and takes over. And Stick to It
anything looks good on paper. The matter of having the strength to actually LIVE with the restrictions....NOW THAT was the battle.

3. Rearrange Priorities. Although, being honest - I didn't wipe out all of my savings accounts, but I need close a few accounts and paid off my smaller bills right away. I was paying more in finance charges than I was gaining in interest. That plus with a proper budget, I wouldn't need those accounts anymore.

4. Find Holes in our Budget. The eating out all the time, the random Walmart stops that cost $100 a pop, entertainment every week etc. Plugging the holes in the budget really helped make what money we had coming in HELP our situation!

5. Work a little Harder! My DH is incredible when it comes to working. His work ethic is off the carts and he gobbles up overtime like no body's business. My job doesn't entitle me to a lot of overtime except for the spring training time. I gobble that up. I've been really paying attention to the grocery budget AND STICKING TO IT! I make dinner every night. We only go out once a month or maybe twice a month IF there is money left over from grocery shopping.

6. Debt Payoff - We have successfully paid off over $30k in debt this year - by rearranging priorities, working and having a CD mature for us to throw into it. We are down to our last two debts. Our two biggest.

7. Play Smarter - This works! The lessons I have learned have been so incredibly valuable to me! The stress has died down. We have a handle of our finances. I refinanced the HELOC to be a regular loan with a fixed rate. Now it is a part of the mortgage, the way it was originally was written. We have NOT used a credit card in a year! Okay let me say that again because that is just so amazing - if you knew our family you would agree -- here goes -- WE HAVE NOT USED A CREDIT CARD IN A YEAR!!!

Wow! That felt great!
A beneficial year!
By next July first (or hopefully sooner) you will hear me yell from the rooftops and hopefully the sound of a new car horn from my future Mazda3!

Thanks for hanging out with me!