January To-Do List.....Update

* Pay Bills--DONE  Everything paid in full either on time or a bit early

* Read 1, 2 Books--DONE
I read this one......

Sort of a YA read though quite violent so I wouldn't recommend it to a teen with any sort of "issues".  It was a very well crafted story but didn't make for a good nighttime "before going to sleep" read if you know what I mean.  ;-)

And this one.............

From the author who gave us "The World According to Garp".  John Irving also wrote the screenplay for "The Cider House Rules"(a movie I very much enjoyed).  
I found "The Hotel New Hampshire" a bit "out there".  It was a long novel but highly entertaining.  I hear the movie they made from it was horrendous though and Mr. Irving didn't particularly like the finished product.  This makes me want to watch it though. lolz
I saw this novel in December on a list of 50 novels to read, each novel that takes place in one of the states in the US.  This was the New Hampshire book obviously due to the title(even though this novel takes place in NH, ME, NY and Vienna Austria).  I had it on my bookshelf so I moved it to the top of my reading list for 2018.

* Hold Giveaway--DONE

* Mail Giveaway--DONE  Mailed away and received(and enjoyed).  ;-)

* Load to Sallies'--FAIL  I just need to kick my ass in gear and do this one.  There is a bag of castoffs that's been riding around in Hubs' car's trunk for over a month.  Will definitely do this in February.

* Purge Files--DONE  I went through lots of our files in January and purged old papers that aren't needed any longer.  I had quite a pile to add to what was already in the shred folder.

*Shred Old Papers--DONE 

Generally this is one of Hubs' chores but I got tired of waiting on him to do this so I did it.  Filled a garbage bag too.

* Gather 2017 Tax Info--DONE
I believe we have all the forms now-W2s, assorted 1099s.  I went through and did the bank interest my profits for blog revenue and eBay sales too.  We just need to sit down and fill out the tax forms and see what we are on the hook for to Uncle Sam(that insatiably greedy Uncle!)

* Load to Food Bank--FAIL
I have a load sitting in the living room(plus some in the garage)all bagged up waiting on me to get the motivation(and weather cooperation)to go drop this off. ugh.  It will definitely go in February.

* Get back on my usual Diet--DONE
It only took about a week after New Year's to get back into my usual eating/drinking routine.  Between not as much exercising as in good weather and not restricting calories like I did this Summer I am not losing right now but I am holding steady.  I'll call that a win. 8-)

* Put all Xmas Away--DONE
The Xmas stuff got put away soon after New Years however it didn't get put away correctly(in the wrong places).  Plus a few things were forgotten.  We drug all the boxes out again and repacked and stored everything away in the proper places.....except for the rolls of .50¢ gift wrap I picked up on clearance after it was all stored away. lolz  Hubs just needs to chuck those into the bag on top of the cabinets in the garage when he feels the spirit move him.  ;-)

* Plan possible 2018 Travel--PASS
It's still early in the year so I am giving myself a pass on this one.  We have been thinking and doing a little research and planning but nothing is firmed up yet.  Hubs has a trip later this month to get done.  I trip to LA on house stuff there.  A lot of what we can/will do in the travel realm depends on what transpires on that trip. sigh.  Plus we also have a dog and his needs to consider now when we plan our trips.

* Have Financial Meeting about 2018 w/Hubs--DONE
We had our big money meeting for 2018.  Decisions were made and we'll revisit the 401K withdrawal schedule at the end of March.

* Work on 2018 Goals--PASS
I have a few goals for the year and most of them are big(drop more weight, get healthier, sell house in LA, work on the PA house in prep to sell it).   I need to come up with some smaller, filler goals.  As the year goes on I'll decide on what else to tackle in 2018.

* Work on 2018 Budget--PASS
Again, we came up with a loose budget so far for 2018 in our big money meeting in Jan.  But there are things up in the air still for the year so the budget will be tweaked and realigned as we go forward.

Not bad for January overall.  The two items I didn't do are readily taken care of in February.  Now I have to flesh out the February To-Do List.

Did you meet your goals for January?

Sluggy

$28K Savings Challenge.....September Update

Every year I keep a close eye on our monthly expenses and our monthly income.

Our income is mainly the salary my Hubs draws from his job.  We have money taken off each paycheck from the top to put into savings, before we even get our hands on it.  This money that's taken goes into various pots....life insurance, health insurance premiums, long term care insurance premiums, investments and retirement savings.  It's automatic so we are never tempted to NOT put it into savings or these other categories.

Once the automatic savings amounts, plus taxes and medical/dental/vision premiums are taken out, it leaves what we get to "live on".  From this amount we budget for bills, both monthly and irregular bills(semi-annual, annual etc.) and our variable bills(like food, eating out, clothing  etc.)  Anything left over once our monthly expenses are paid, I put aside into an interest bearing Savings Challenge account. 

For 2015 I am continuing my Yearly Savings Challenge.  I am raising the Goal amount slightly to $28,000 this year, $4K more than my goal for last year.

On to the September report.....

I have posted my September End of Month $28K $AVING$ CHALLENGE Totals.
Check out the Savings Challenge page tab at the top of the blog for the specific numbers HERE.

I have 2 goals each month.....
The 1st is to actually finish each month in the black and not the red.
The 2nd is to hit the targeted savings amount of $2,333.33.

I have to report that we finished up September with a nice amount leftover.
The extra amount we ended the month of September with?.......$1918.36

Income

We had $1679.09 left over from our income after our monthly expenses were deducted.
 

Other monies received in September totaled $239.27.  This included interest made on non-retirement accounts, a Staples rebate and stock dividends.

This brought us to our gain of $1,918.36
Since we have no debt, this goes into savings.

Outgo

As for the expenses this September, here are the good and the bad side of things....

HERE are the GOOD THINGS

 

*  Phone charges and internet were approximately the same as last month.
*  The credit card bill was down $1208.50.
*  The water bill was down $12.37.
*  The electric bill was down $31.94.  September is usually our lowest electric month as we don't use the heat or the a/c hardly at all.
*  Cash withdrawals were down $200.00.
*  Medical bills paid by check were down $91.97.  With the foot problem this month I foresee many medical bills being paid in October.

 

HERE are the BAD THINGS(and the not so bad)
.
*  The gas card bill was up $110.82 from last month as Hubs used that more than the reg. credit card to buy gas and the credit card bill went down as a result.  This is really not some much a "bad" thing, but just moving where the money goes to/comes from in the ledger.
*  Irregular annual expense of School taxes were due this month.
*  There was a Sam's Club charge paid.
*  There was a dental bill paid.
*  We paid for our Daughter's plane fare to come visit.(Not that her coming home was a bad thing but the expense was not planned for as it was a last minute decision for her to come visit.)

 

The Food Budget costs for September are in another post, which is located  HERE.

September was most expensive expense month for 2015.  Mostly this is because of the annual school taxes, an unexpected dental bill, plane tickets and a charge card bill(for a card we don't use much).

Take off those 4 expenses and we are down to $1773.58 in expenses for September.
I wish we could do THAT more often! lolz
 

The 2015 TOTAL.....
With 9 months accounted for, our Savings Challenge Grand Total for 2015 is $27,667.43.
That savings amount averages $3074.16 a month put into savings so far. 

We only have $332.57 left to put away this year to reach our $28K Goal!!
I wish I could have reached that landmark in September but it wasn't to be.  So close thought!

With $27667.43 saved already we only need to put away $110.86 each of the next 3 months to reach the $28K goal for the year and unless a catastrophe befalls us, it is a given that this goal will be reached next month, especially since Oct. is a 3 paycheck month.  8-)

Last October through December I was able to tuck away $11K from our income for those 3 months.  We also had a 3 paycheck month in October of 2014 which went a long way in reaching that amount.

Looking over our expenses from Oct.-Dec. of 2014 compared to what I foresee for Oct-Dec. of 2015 I should be able to tuck another $10K away from our income in the next 3 months unless something big and unforeseen happens in the coming months left in this year.  This is even with all those medical co-pays that will be arriving in the next couple of months for my foot issue.

Why don't y'all stick around and see how I do with this?

Final thoughts on September---
More monthly bills were down rather than up except for the credit card.  4 irregular bills put a kybosh on socking even more money away this month.

THOUGHTS going forward into October----

October is an extra paycheck month(3 instead of 2 this month)so it will be a great month for savings!
Most bills, except for electricity, should be about what they were in September.
As for irregular expenses.....6 mo. car insurance premium will be due in October.
More medical co-pays will go onto the credit card(which is paid off each month)and we go to a Church auction fundraiser this month so a bit more "fun" spending for that.

With 9 months behind us we have $27667.43 down and $332.57 left to save in 2015.   Our 2015 Savings Journey is coming to a close in just 3 more months and it is looking swell.  8-)))

 

So how was your September financially?
  

Did you spend less than the income you had in September?
Did you stay within your budget or not?
What did you do with any money leftover at the end of the month?
Did you pay off any debts or put extra toward your mortgage principle or into savings, in an emergency fund or a retirement account?
Or did you blow it on a want?
 

If you posted your financial progress on your own blog, leave a link in the comments so we can go check out your progress too and celebrate or commiserate with you!

Sluggy

Goals for 2011.....Halfway Point Check-Up

 Every January on my blog, I post a list of Hopes or Goals for my year.  HERE's the post from earlier this year where I talked about what I hoped to accomplish in 2011.

Since we are halfway through the year......let me say that again.....halfway through the year!......I thought it would be a predictable time to check-in and see how I'm doing or how I'm NOT doing at this point in 2011.

1. Put more Money Into Savings.

PASS-We are slightly ahead of our Savings Goal at the halfway point from 2010.  I only upped my Savings Goal 2 thousand dollars in 2011 since food costs have been rising this year and with another teen starting college in August, we have more expenses to cover.  We are on track as of now to meet our savings goal. 8-)

2. File all the Paperwork that needs filing  and completing it on time.

PASS-We got all the college and income tax paperwork completed with time to spare earlier this year.  I also tackled a huge pile of papers that needed filing in May(was it?)  Going forward I am going to try to file every 2 months so the pile doesn't get too unruly.


3. Declutter my entire house and garage, and storage unit(and then stop renting the storage unit).

PASS(so far)-This goal is ongoing throughout 2011.  I had the storage unit down to half-empty.  Then I had to temporarily put a large load of boxes from the garage into the unit so I could stage for a garage sale this month.  Besides just the moving of crap around in this way, I have decluttered at least 6 loads(off hand I think it's 6, I might be wrong) so far from the house and unit.  After the garage sale is over, more loads will begin leaving again for Sallie's.
This Goal is my largest, ongoing, physically challenging one for 2011.  It may just kill me by December. ;-)

4. Read 30 books this year, with 75% of them being non-fiction.

FAIL-I am STILL on Book #6(this one is a 'difficult' read) plus I pitched Book #5 before finishing it because it was just horrible!  So technically I am on Book #5 with 25 more to go. 
bleh.
I am just not feeling much like reading yet.  Maybe next month when the weather turns beastly hot I'll want to do nothing but sit still and read in the a/c.

5. Finish ALL in progress sewing projects and alter ALL clothing that needs it or give it away.

FAIL-I hemmed some pants and worked on some PJ pants for my Daughter but haven't finished them.  Hubs bought 4 pairs of pants for me to hem so the pile has gone UP not DOWN. 
bleh. bleh. bleh. 
I just can't seem to get into a sewing zone.  This is worrying me.  People are going to start thinking I really can't sew.lol

6. Cook more foods from scratch and phase unhealthy options out of my stockpile.

PASS-I was doing very well on this earlier this year.  I was cooking much more from scratch and we were down to a small number of cans of soda(of which I was only drinking 1 can per week if that)and I only had 2 tv dinners in the freezer.....no frozen pizzas, no 'snack' foods like Pop-Tarts or Toaster Pocket thingies, Froot snacks, only a few Helper type mixes.  Ok, I still had a ton of cake mixes and breaded chicken products.lol  Then school ended and I caved and bought some pizza rolls, pizzas, chicken strips, ice cream and more soda for #2 son.  The kid has to eat lunch, right?lol  And unless I want to spend ALL DAY cooking this summer, I'm giving him easy things to make for lunch(rather than spend a fortune buying Taco Bell and Baconators at Wendy's)and I'll give him healthy foods for dinner.  It's the compromise I'll make to get through until school starts again.

And I promise I shall NEVER buy Pop-Tarts again....Nasty!

7. Grow more of the food we eat or source our food from non-grocery chain stores.

 FAIL(so far)-With the wacky weather and being super busy in May/June with the impending Graduation and all that entailed I was sooo not 'into' my garden this year.  We did get it planted but not everything I wanted.  I don't feel we will have as much to eat from our garden this year as we did last year.  As for sourcing from non-grocery chain stores, we are just getting into the season where we can buy from the local farms.  I am determined to get to the farm stands this summer and put up produce for 2012.  I am still looking for a local source for meats.  The closest is over an hour's ride away so not very economical.

8. Use my skills to step up what I do for Others.

 NEUTRAL-Ok, I can't say Pass or Fail on this one.  OTOH, I have done on par with last year in terms of family and food bank donations so far this year.  As soon as the garage sale is done I have another donation to take to the food bank.  But since I have not been 'extreme couponing' this year(due to the lack of deals locally, not traveling where the deals are because of the price of gas and wear and tear on the minivan AND the lack of good value coupons this year, due to the tightening up on coupons by manufacturer's in part because of "That Couponing Show Which Shall Not Be Named")I haven't had as much to donate as in past years.  It will take me MORE money in 2011 to donate the same amount of food as I did in 2010.  I just don't know if I can come up with enough money this year to put toward this goal to "step up" what I give. 
I may have to look at other ways besides monetary/food donations to do for others.

9. Be more "in the Moment" for my Family.

PASS-I feel that, so far in 2011, I have been more 'there' for the family.  I have tried to limit my time on the internet by blogging less(ok, not MUCH less!lol), and spending less time deal hunting.
See?....crappy coupons and local deals give me more time to be with family, so there is one good thing about the dirth of deals!lol  With less of a stockpile I spend less time organizing it.
Of course, the teens don't actually want to spend time with me when they are home, unless I have cooking them food or handing over cash....oh, the blessings of having sullen, eye-rolling teens! ;-)
Now that #2 son is home from camp, I'll be offering to drive him places and do some things for him so he can hang out with people that aren't his family. 

10. Organize the running of my Home.  

How to score this one?.....
I guess I'm on my way to a PASS with this one.  With 2 less kids home things are running fairly smoothly.  With less clutter in the way, it's easier to keep what is here organized and clean.  But with so many projects pending or in progress(garage sale, cleaning out the storage unit, sewing, home repairs/remodeling)it seems like everything is at 6's and 7's and just a moment away from flying off the tracks.  Since the older 2 kids don't have a car while working across the state this summer(due to the car wreck in May), I'm having to deal with business stuff for them like driver's license renewals, dr. appointments, prescription refills, college papers/forms, scholarship forms/requirement, ordering books and tuition bills.  This is stuff they should/would be taking care of but since they don't have transportation or bank/credit card access it's all falling on me.  I haven't screwed anything up yet, knock on wood.lol

So how about you?
How are your goals for 2011 panning out?
Are you on track to accomplish what you want to this year?
Have your goals changed significantly since the beginning of 2011?

Sluggy 

My Savings Challenge...The Savings aren't Permanent for Another Year

I took on a Financial Savings Challenge at the behest of a member of the Compact Group back in Jan. of 2009.
I entitled that undertaking the $60K Savings Challenge.
Well, our name is NOT Rockefeller so we didn't even come close to saving $60K in '09. lol

We did however put away $23,997.24 for the year.....this amount is above and beyond any amount we put into retirement accounts for the year.  It's just a pile of money from the after tax/after retirement and insurance deductions paychecks we get that I manage to keep the family from frittering away on crap.
As you can see, I am getting darn good at keeping the family's sticky fingers off the money! ;-)

Going into 2010, I stepped down the savings goal to a more attainable $30K.
Throughout that year, I would on occasion use some of the 20009 Savings money toward big, not-everyday expenses we incurred in 2010 rather than using current income dollars.
Like buying a used car for cash.
Or buying a new refrigerator.
Or paying for the costs for 2 vacations we took that year.

We ended up using $12,991.45 in 2010 of that $23,997.24 we saved in 2009.
So in reality we actually permanently saved $11,005.79 in 2009.

In 2010 we saved $35,770.18 and we'll be using some of this amount when out of the ordinary large expenses come up in 2011.
We haven't used any of this amount for 'big hairy goals' in 2011 yet.
But we are planning on using some of that money soon for house repairs.

When 2011 is over, I'll be able to calculate how much of the actual $35+K we saved in 2010 that
we'll be able to tuck away permanently.
Well, permanently until some big expensive emergency comes along....and eventually they always do!

So the amount I save each year on the Savings Challenge isn't permanently saved until a full year after it ends.
I use the previous year's savings amount as a short term goal emergency fund.
And when that following year is over I dump whatever is left into a slot marked 'permanently savings'.
At least, that's how I organize it in my head. ;-)

Next Sunday Hubs and I will be having a financial meeting.  Among the discussions will be how much/what kind of home repairs we'll be having done this year.  I'm hoping that list won't eat away at that $35+K we saved from 2010 too badly.

Do you have a savings goal each year? 
Do you keep any money you save for the year into a separate account?

Sluggy