The hanging bottles of Saving Some $$'s...
Love it...now, if he could just figure out how to recirculate from the bottom back to the top on the cheap with a Rube Goldberg...way to also drip in some plant food it would be totally self sufficient except for the planting and harvesting...LOVE IT!!! YUM...cheap eats!
AND, I'm back to making more regular bank runs - taking the weekly change savings to the bank and then moving them online to get a few pennies of interest cooking. Today's haul from Pigger? $5.30.
P.S. In case you missed it, check out my earlier blog this morning for a video interview of Ms. Amy Dacyczyn of Tightwad Gazette fame.
Viewing the 'Bank Runs' Category
The hanging bottles of Saving Some $$'s...
Greetings My Lovelys,
Today's TO DO list - Made last night, which is actually a better time to plan, as that way you can hit the ground running rather than kill a perfectly good morning farting around on the computer! Who me???
Most of us say we're morning people, so why do we waste the better part of the day?
Everybody on board? cause away we go...
[X]DONE - 1)Make Bank Deposit.
[X]DONE - 2)Call Dentist - make payment plan. Write check.
[X]DONE - 3)Post Office - Drop off bills.
[X]DONE - 4)Move money back local to repay Lux for Tree Surgery.
[X]DONE - 5)Stop AT&T automated payment - so we don't get crammed on that $12.95 IDL charge we didn't authorize. Make online payment instead.
[X]PARTIALLLY DONE - got it purchased. 6)Buy Haircolor for Lux's House of Beauty night. Get it on head!! Be boot-i-fied! Under $6 - long hair, buy 2 boxes.
[X]DONE - 7)Buy brackets for Museum Project. Under $3. Plan B - try this afternoon at another place when I go out w/Hubster because Plan A place was closed. Plan B place had them but they were $7.50 in the metro area. Local would've been much cheaper! Procrastination costs again.
8)Package FrugalSon's SOLD painting & prints for shipment! They can go out in tomorrow's mail.
9)Call tribe about sons' enrollment.
[X]DONE - but No Sale - Buyer didn't show - ARRGGHHH!!! 10)Go with Hubster this afternoon to drop off Craiglist sale of extra mirror - $34 inflow.
[X]DONE - 11)Call Jennifer with donation information for Breast Cancer Awareness.
[X]DONE - 12)Have Meatless Monday (thanks Paulette Goddard for the idea!) Beans are soaking for supper.
[X]DONE - 13)Laundry.
I'll update again as the day goes along.
Must get busyyyyyyyyyyy and go to town.
TTYL! Got to go see if Ol' Nellie can get me to town and back.
~L.L. Frugalis, Bus Driver to the Stars
Worked Thursday to get Hubster's 401-K rolled over to Fidelity. Tried to do it online by ourselves. No luck. Tried to do it online while talking to a Fidelity rep. No luck. Forced to go the old fashioned paper route mainly because of where the 401-K is being held. Crossing fingers. That mail went out Thursday.
On Friday we sold a big old heavy iron smoker/BBQer for $25 using Craigslist. It would not fit into our plans to downsize some time in the future. It was rather gigantic and old, starting to have some rust out issues and I had gotten it for FREE years ago by being a willing Sanford & Son type hauler-away of 'almost' any good junq'ue. We used it for many years when we were hosting church picnics, but that need has fallen away as the church we belong to now is way far away. Haven't decided what to do with this $25 yet, probably divide it up between my various goals. Will make a followup post when I decide. Any condo or smaller house we may buy in the future? Ehhh, we can either get by without a cooker or we'll get a nicer propane one or maybe a nice George Foreman electric grill on a stand.
We're not that big of entertainers any more and we don't grill out often anyway. Yes, I probably could've bought some heat-resistant paint and painted this and got a bit more out of it, but the sides are rusting out, and most importantly I wanted it GONE! One less thing to move if we decide to later.
We are waiting until the September interest posts in our Money Market account to move some of it to Emigrant Direct where it will earn a bit more money. Leaving just enough in MM to cover a true CASH emergency. Haven't decided yet whether to stash the money moved in $1000 incremental CDs ladder, but that's the likely way it'll go. This is our Household Emergency Fund.
Today I deposited $100 in my pre-Roth account aka Grrls Just Wanna Have E-Funds, on my way to getting as much of next year's Roth IRA contributions together as I can. I did this by depositing a check by mail - this is the first time I've made a long-distance deposit of a check into Fidelity. Usually I just deposit locally and then go online and move it. We'll see how it goes. I always feel sketchy about trusting the mail! That envelope went out this a.m.
While I was out I cleaned out my wallet at the bank and deposited $52.02. This & the $100 will go towards my $20 Challenge and in the Grrls Just Wanna Have E-Funds because that's where it temporarily resides. I came home from the bank and moved it to Fidelity.
+152.02 check & wallet cleanout
$258.19 Sep MTD
2009 Total = $962.28
Cumulative Total $2016.04
Passed one without stopping but did stop at another garage sale - bought nothing! Yeah me! So today likely to be a No Spend Day as I don't intend on going back out.
Early this a.m. FrugalSon and I hit the walking trail down by the river for a nice 30 minute walk before he had to report to work. Nice and quiet in the park at that time of the morning. Noticed one of our local hospital has installed free bicycles to be loaned out with a CC deposit in case the bikes aren't returned w/i 24 hours. Nicely done with a self-serve set-up! Might have to try that some time.
I'm working on painting crown molding trim's last coat today before it's ready for Hubster's installation portion of the program. This is for the living room.
Rehabbing an old deco 'bow front' chest of drawers that had veneer chipping off. I went to my small town art supply place and they were out of the 'goop' I needed to fill in those chipped out places w/o replacing the veneer. The lady there was nice enough (I am a GOOD regular customer) to loan me her giant tub of it. Came home and filled that stuff in. Chore for this afternoon is to sand it down and start painting it.
I'm also going to do my girlhood bed. I already fixed the veneer on it once with a costly $250 veneer job years and years ago and then all my kids used the bed and the veneer on it is now chipped again as well. So later today I'm planning on hauling it out and filling the chunks in on it as well. And then I'll be painting both these pieces out in a low-gloss black. More AFTER pics to follow later.
Tried four times now to add an entry.
Gaaa! It keeps evaporating into thin air.
Anybody else having troubles?
I missed my blogoversary yesterday!
I added $367.00 this month to my retirement account from gar. s.
Taking it to the $20 Challenge. Ran it to the bank this a.m. & moved it to retirement account as soon as I got home.
$014.71 August balance
$381.71 August MTD
In thinking about moving this becomes important to me:
Improve America's Walkability:
Oh My! I had to stick a ruler up Piggy to get out the dollar bills from last month's $20 Challenge. First I tried the needle nose pliers. No luck. All the dollar bills seems to have gone to Piggy's head. I think I heard a squeal or two as I ripped the dollars away from his clutches.
I have violated poor Piggy!! Ripped asunder and plundered!!
Alas, it is for good cause. I am sooooo behind on doing my money stuff, partially because we are in the Midsouth and have been without electricity for a good week. This is November Challenge money I have to get to the bank and then on to my IRA.
Also, I am going to try to get all my 2007 IRA contributions in before the 31st. It is too confusing to me to be putting in 2007 contributions on into April of '08! Not going to do it this year if I can help it.
Okay, so November money is out of Piggy and I've got $2.99 sitting on the desk waiting to go in towards December's challenge. Yes, really behind AGAIN! GRRR!! Got to get up off my behind and get this stuff center focus again.
1)Nov $$'s to the bank this afternoon!
2)Nov $$'s to the IRA this afternoon!
3)Dec Challenge $$'s into poor Piggy!
4)Work on final Christmas push!
+02.99 Piggy's Solace
$02.99 Dec MTD
2007 Challenge Total $264.69
Cumulative Challenge Total $390.80
Don't worry about poor Piggers too much - Nothing a good deposit or two won't fix right up and he'll be back to his old smiley self!
How about it, do you find it difficult to track your IRA contributions if you run over from year to year?
I'm inching my automatic contributions to my separate 'Bank Run' Retirement account up a little bit at a time.
This month we went from 42.00 to 43.00. Not a large increase but this is how I make it less painful. We'll see how this month goes as I started the Ameritrade Suze Orman dealybop and it may tax my little income beyond strain.
You know like those lycra shorts that just because we can get in them doesn't mean we should trot on down to the Walmart store in and scare the local population. KWIM???
I may have to scale this back again, but we'll see. Let's just keep our fingers crossed hoping that seam doesn't rrrriiiipppppppp!!!
No, $1.00 doesn't stretch me too thin, but the extra $50 over to Ameritrade might!
I plan to go this afternoon to the Antique Mall and pick up my March check and see if there is good news there or not. Sales have been off here since the first of the year because of all the bad weather we had and then since I was sick I didn't get to go restock/reorganize but maybe once or twice since the end of the year and I usually go once a week. Hopefully I'm now up to snuff health wise so that I can work it the way it deserves and thusly increasing my income from it.
Anyway, posted income of $3.67 interest income on that little growing account over on the right for March. When this reaches $1000, I'll be popping it off somewhere - likely into a CD, t-bill or to buy a tax lien certificate or some such thing. This is my 'different retirement basket' than my Roth IRA.
Updated mortgage balance today to $22,443.24 w/expected payoff of August 2012.
Okay, life has been revolving on without me and rather sucky over here with the crappy recurring blue-funk 'lost my voice' cold/virus/whatever that we kept passing back around and around at my house. To update the info over on the right...
Paid another $419 on the house - 353.96 normal payment and 65.04 in extra principal. I will update the new balances later.
In Piggy for $20 Challenge for the month is: $23.10 - that is now going into my Roth IRA instead of to the mortgage as I was doing in the past. And speaking of the ol' Roth it finally made it's way from ING over to Fidelity.
Lawseeeeeee, but those folks sho' do take their own little sweet time getting this stuff done. You may not remember but I made my first inquiry into doing this in late DECEMBER folks and it just made it to Fidelity this past week! Sheeesh!!!
We mailed all the paperwork in one envelope for the entire family's Roth IRA accounts over to Fidelity on the same day back in early January I believe. In February I had to mail it again since because true to everyone's predictions of course it must of got lost over at ING!
Hubster's got moved about 3 weeks ago. Mine went early in the past week. CashHappy & Frugal's had to have paperwork mailed a THIRD time!!! I've had to call several times as well.
CashHappySon's made it over yesterday.
And get this -- FrugalSon's is still sitting in ING!
Another call to Fidelity yesterday and hopefully things are moving again. It be enough to make a body pull the very hairs out of their head! Nothing like feeling you are spinning your wheels, heh? THIS is how 'banks/brokerages' act when you want to move your money OUT - but don't YOU dare be late making a payment! GRRRRR and ARRRRGGGHHH!!!!
So far in my Roth at Fidelity I've gone w/FFNOX and FAGIX. I'm still deciding where else to go.
For March to my ADDITIONAL retirement savings goes the bank run money which evened out to a nice $10.11 in change & my regular $42.00 contribution this month. Nothing too exciting.
Of other QUICK news I did read Suze Orman's new book in March and started my $50 account at Ameritrade. We'll see how it goes. Depending on income this may set me back in my keeping up the $42 autodraft on the BankRun monies. I'm hoping that there is enough coming in to do both.
Besides being sick for most of it and as March was a rather long month following the shorter days for earnings of February let us just say that I've had quite a few days of No Spending during March. AND, that I've gotten quite creative in stretching out the pantry goods for meals.
Only one more day till I spend money again! YEEHAH!!! My refrigerator will be grateful for something to cool off! And my crew is getting ready for some 'fresher' foods.
(Do not worry - there was plenty to eat and plenty of money here that I could have gone and spent I am just working very hard to keep w/the YNAB philosophy of only spending last month's earnings in the next month.) Sticking with a budget is more difficult some months than others!
If we pay an additional $64.50ish a month between now and August 2012 we will pay off our mortgage right at the same time The Hubster is slated for retirement.
The figures below do not include today's payment that I just made of $419.00, which was actually a nice rounded up figure of $65.04 + 353.96 to come out an even 419.00.
Countrywide's little accelerating payments calculator came up with this future forecast:
Scheduled Monthly Payment: $353.96
Total Additional Payments: $4,264.02
Total Interest Payments Without Pre-Payment: $5,721.46
Total Interest Payments With Pre-Payment: $4,601.53
Interest Saved: $1,119.93
Total Reduction in Term: 1 Year(s) 9 Month(s)
I'll be charting an updated mortgage balance tomorrow when today's payment posts - I'm expecting it to be in the 22,798.00 range.
~~THE CHANGE IN PLANS~~
I have decided that we will pay the extra 65ish a month, but won't be paying any additional down on the mortgage, thus making a change in my $20 Challenge.
Our joint budget (house budget) will be making the additional payment 65ish (early payoff right at retirement) and I'll be taking my $20 Challenge money and putting it directly into my Roth IRA instead of on the mortgage.
Thanks to everyone here for finally convincing me that it is the better option for our financial bottom line.
This is a compromise of sorts, as we could just take the 65ish and put it into retirement as well, but gosheedagnabit, I LIKE the idea of entering retirement with our home paid for.
The Bank Run Challenge $$'s will still go into my Extra Retirement Savings which will be invested outside of the Roth.
2/24/07 Bank Run - Monthly Recap
Today's bank run was $3.33.
February 2007 monthly recap:
2/1 42.00 autodraft
That should wrap up February on the deposit side...for a total of $55.50 extra into my personal retirement account. News of interest posted will come later, but should fall somewhere in the 3.30-3.60 range. Current balance is $835.57.
Of note is that today is the first time I didn't go myself but sent CashHappySon driving alone to make my deposit for me. Today is a Total Pajama Day for me! And will also be a No Spend Day.
I did spend a bit of time online requesting some new/old financial books from the public library to be delivered & held for me at my local branch. Will try to review them here if I catch the time & motivation both grooving on the same day.
Yesterday was a No Spender as well.