2 days ago I got mail from my insurance company.
Inside was a Notice of Cancellation of our homeowner's policy.
THUD!
After I picked my excessively large butt off the floor I then said....
WTF?!?!
I am a class act if nothing else.
Seems we are being terminated for lack of payment.
Translation--The insurance company didn't get our check!
So I went to the checkbook register to see if indeed I wrote and recorded a check.
Yes, July 29th.
So I went online to our bank account and saw that the check in question had not been cashed yet.
Hmmmm.
Now I am thinking that it got lost while in the capable hands of the almost bankrupt US Postal Service.
But just in case that is NOT the answer I began to go through the stacks of paper on my desk.
I have stacks and stacks of paperwork on my desk and on the bookcase next to my desk.
It's about hit Critical Mass Stage and needs to be filed, organized or otherwise pitched.
This MIA check payment was just the impetus I needed to start throwing papers around and muttering under my breath.
Ok, so I mutter under my breath anyway.....
And after 2 hours of thrashing about I did NOT turn up the missing check or envelope or anything!
So I started channeling my dead doggie Mango(which meant I started grumbling and saying "Crap!" in the cute grumpy old doggie voice we imagined he would have had, had he been capable of speech)and I went about putting all those papers back into assorted piles.
About an hour later, #2 son comes home from school and is raiding the kitchen for snacks.
As I am standing next to my desk talking to him, I look at the space between the back of the desk and the wall it sits in front of. There, laying halfway underneath the desk is an envelope. I get the yardstick and fish it out from behind the desk.
Do I REALLY have to say what it was??lol
Yes all you Miss Cleo wannabees....it's the envelope with the missing check.
It seems in the chaos, that was my August, the payment never actually got mailed.
This is so unlike me.....yah, that's my story.
So yesterday I bopped up to the agent's office and hand delivered said insurance payment.
All is now right with the universe until the next bookkeeping catastrophe hits.
Which brings me to the second part of this post.
As I was looking at the paperwork I enclosed with insurance payment, I saw that they still have our mortgage company listed as the lien holder on our house.
Hell NO!!
I need to get the release papers out to send to the insurance company so they take the mortgage company off.
You see, 4 years and 6 months ago today, we paid off our mortgage in full.
March 15, 2007.
I will never forget that date.
That is our personal Independence Day.
By paying off our 30 year fixed rate mortgage in 6 years, 6 months & 25 days instead of 30 years, we saved roughly $109,088.00 in interest.
If we had taken 30 years to pay off the mortgage we would have paid out $142,792.39 in interest alone.
We only paid less than 24% of that interest amount by not dragging out the payments the full 30 years.
And yes, the grass IS greener now in the yard & the air IS fresher without a mortgage! ;-)
And yes, it IS easier to squirrel away money into savings....a LOT of money into savings, once you aren't paying a mortgage too.
Money to buy cars with cash.
Money to pay cash for college.
Money to pay cash for most anything if you save up that new found income instead of buying stuff with it.
If being mortgage-free is your dream I hope you get there, and I hope it's soon.
You can do it! 8-)
Sluggy
Inside was a Notice of Cancellation of our homeowner's policy.
THUD!
After I picked my excessively large butt off the floor I then said....
WTF?!?!
I am a class act if nothing else.
Seems we are being terminated for lack of payment.
Translation--The insurance company didn't get our check!
So I went to the checkbook register to see if indeed I wrote and recorded a check.
Yes, July 29th.
So I went online to our bank account and saw that the check in question had not been cashed yet.
Hmmmm.
Now I am thinking that it got lost while in the capable hands of the almost bankrupt US Postal Service.
But just in case that is NOT the answer I began to go through the stacks of paper on my desk.
I have stacks and stacks of paperwork on my desk and on the bookcase next to my desk.
It's about hit Critical Mass Stage and needs to be filed, organized or otherwise pitched.
This MIA check payment was just the impetus I needed to start throwing papers around and muttering under my breath.
Ok, so I mutter under my breath anyway.....
And after 2 hours of thrashing about I did NOT turn up the missing check or envelope or anything!
So I started channeling my dead doggie Mango(which meant I started grumbling and saying "Crap!" in the cute grumpy old doggie voice we imagined he would have had, had he been capable of speech)and I went about putting all those papers back into assorted piles.
About an hour later, #2 son comes home from school and is raiding the kitchen for snacks.
As I am standing next to my desk talking to him, I look at the space between the back of the desk and the wall it sits in front of. There, laying halfway underneath the desk is an envelope. I get the yardstick and fish it out from behind the desk.
Do I REALLY have to say what it was??lol
Yes all you Miss Cleo wannabees....it's the envelope with the missing check.
It seems in the chaos, that was my August, the payment never actually got mailed.
This is so unlike me.....yah, that's my story.
So yesterday I bopped up to the agent's office and hand delivered said insurance payment.
All is now right with the universe until the next bookkeeping catastrophe hits.
Which brings me to the second part of this post.
As I was looking at the paperwork I enclosed with insurance payment, I saw that they still have our mortgage company listed as the lien holder on our house.
Hell NO!!
I need to get the release papers out to send to the insurance company so they take the mortgage company off.
You see, 4 years and 6 months ago today, we paid off our mortgage in full.
March 15, 2007.
I will never forget that date.
That is our personal Independence Day.
By paying off our 30 year fixed rate mortgage in 6 years, 6 months & 25 days instead of 30 years, we saved roughly $109,088.00 in interest.
If we had taken 30 years to pay off the mortgage we would have paid out $142,792.39 in interest alone.
We only paid less than 24% of that interest amount by not dragging out the payments the full 30 years.
And yes, the grass IS greener now in the yard & the air IS fresher without a mortgage! ;-)
And yes, it IS easier to squirrel away money into savings....a LOT of money into savings, once you aren't paying a mortgage too.
Money to buy cars with cash.
Money to pay cash for college.
Money to pay cash for most anything if you save up that new found income instead of buying stuff with it.
If being mortgage-free is your dream I hope you get there, and I hope it's soon.
You can do it! 8-)
Sluggy
