Tuesday, August 4, 2015

August 1 Net Worth Snapshot

We are $9,043.31 up from last month's net worth(only cash/investments, as I don't count housing or car values).
We are also $116,342.43 up from the August 1st of 2014 net worth.

Yeah, I especially like that latter one.  ;-)
Love me some good ol' compounded interest on large sums of money, ya know? lolz

Sluggy

$28K Savings Challenge......July 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 July report.....
I have posted my July 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 July with a lovely amount of $.
The extra amount we ended the month of July with?.......$4,089.56

Income

We had $3933.47 left over from our income after our monthly expenses were deducted.
 
Other monies received in July totaled $156.09.  This included interest made on non-retirement accounts and a per diem from Hub's work.

This brought us to our gain of $4089.56
Since we have no debt, this goes into savings.

Outgo
As for the expenses this July, 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 gas credit card went down $85.41.  Hubs didn't buy gas at the Sunoco station because it was so high last month there, even with his .5¢ discount.  He put most gas charges on the reg. credit card and bought at a non-Sunoco station.  This credit card earns us point we can cash in for gift card.
*  The credit card charges went down by $2873.  There was no vacation spending on it plus we put very few charges on it before it closed mid July.

 
HERE are the BAD THINGS(and the not so bad)
.
*  Water bill went up by $10.63.
*  Electricity bill went up by $11.51(A bit more a/c used and the washer/dryer were run more with an extra person here.).
*  The cash withdrawals went up $326.52 due to using cash for some of the apartment hunting trip expenses and I bought a $100 Rite-Aid gift card this month.
 
The Food Budget costs for July are in another post, which is located HERE .

July has been out "cheapest" month so far in 2015.  Our expenses in July came to only $2200.00.
And that was even with a few out of the ordinary expenses(a Sam's club c/c charge, some medical co-pays, buying a gift card and paying the garbage bill ahead for the last 6 months of 2015.  These all came out to about $700+/- beyond our normal monthly costs.
 

The 2015 TOTAL.....
With 7 months accounted for, our Savings Challenge Grand Total for 2015 is $22,886.92.
That averages $3269.56 a month put into savings so far. 
We have left $5,113.08 to put away this year to reach our $28K Goal.

With $22886.92 saved already we only need to put away $1,022.62 each of the next 5 months to reach the $28K goal for the year and that's very doable for us.  ;-)

Finally thoughts on July---

I am amazed at how fast we've been able to pile up the extra/unspent $ this year!  It helped that in April we had that third paycheck.....this always builds our momentum and when it comes early in the year it gets me revved up to keep going.
July was NOT a third paycheck month but even so by not putting charges from mid May to mid July on the c/c we were able to keep the bills somewhat low.  Not having any car repairs last month also helped in that regard.
I am stoked to only be $5K+ away from reaching this savings goal for 2015.


THOUGHTS going forward into August----

As for irregular expenses.....
We have both the house insurance and $695 of car insurance due the end of August.
There are no trips planned this month, except for a one day trek to take College Boy back to school.  We will be renting a van for that trip so there is some expense for that.
The credit card bill is going to top out at around $1900 by the time it closes next Tuesday.  Yikes!  I blame eating out(both traveling and having kids home to visit in July expenses)plus a little retail therapy(mostly Hubs and getting a few things for College Boy before he heads back to school).

The last big irregular expenses coming is end of September and that is the school tax bill(local property taxes here are broken up into a school tax bill and a local tax bill).  I pay one in March and the other in September.  If we can keep the c/c spending down for the rest of the year we are golden for making our savings goal this year. 8-)

With 7 months behind us we have $22,886.92 down and $5,113.08 left to save in 2015. 
 
So how was your July financially?
  
Did you spend less than the income you had in July?
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

Monday, August 3, 2015

Jammin' Up the Peaches......A Recipe of Sorts




Since a few readers have asked for my peach jam recipe, here it is.

Let me put a disclaimer that this is the first time I've ever made peach jam(I've made other kinds though through the years).
There was a grocery deal on local peaches last week here before we left for our trip to move the Eldest son to his new digs so I had Hubs pick me up about 6 lbs.
Totally forgot to process them and make the jam before we left on Thursday so I threw the bag into the fridge and left them.
When we got back I needed to get on the jam making so Sunday morning before company arrived later that day for dinner I made the jam and canned it.

I sort of used the recipe on the back of the Sure-Jell package.  Sure-Jell is a pectin used for making jellies/jams/conserves/marmalades.  It is what makes your jams/jellies set up, "jell" as it were.
You can also take your peels and boil them down to get the natural pectin in the fruit and use that, put it's an added step and using a packaged product is easier.  ;-)

So I pit, peel and slices my peaches up until I have 8 cups.  Put the slices, 2 teaspoons of lemon juice(any kind) and a package of pectin in a pot and turn on the heat to get it boiling.  As there is little liquid at this point you'll need to stir often.
When it starts boiling, add 6 cups of sugar.

Now if you want to do a low or no sugar version jam you'll have to use a special pectin for that or a different proportion of pectin to fruit.
This is a regular old jam with sugar in it. 8-)

So add the sugar and stir until it all liquefies.
Then continue to cook at a low boil for 20 minutes.
Turn off the pot and put your jam into containers of your choice.......plastic for the freezer or glass canning jars if you are preserving it that way(shelf stable).
If canning wash and sterilize your jars, rings and lids.  Put jam into jars, place lids and rings on and tighten the rings.  Process jars in a water bath canner for 15 minutes.  Make sure the water covers the jars completely 2 inches above the tallest jar.
Remove jars from canner and place on a towel to cool.
A few hours later check all your lids to make sure they sealed(when pressing on the lids there is no give or spring).  If any haven't sealed either reprocess them in the water bath canner or keep in the fridge.


This batch made 10-4 oz. jars, 1-8 oz. jar and 1 pint jar......so 64 oz. total.
This is the odd assortment of jars I had that were smaller than quarts.  Ideally I'd use the 8 or 12 oz. jars instead but these tiny 4 oz. jars are good for giving as gifts or if you don't consume a lot of jams(which we don't)and you don't want it to go bad after you open one.
I don't know what I'll do with that pint jar of jam! lolz

1 jar is missing as it left with our company last night. 8-)

Next time, if there is a next time, I'm going to try a lower sugar version.  Since it was my first time making peach I wanted to do it the regular way once.

If you are reticent or unsure in your jam making skills there is an excellent fruit to sugar to pectin calculator on the Ball site HERE.

You can select full sugar, low sugar or no sugar versions and it gives you the proportions to use for each.


Sluggy

 

This Week on the Dining Table


It's the "Boy Did I Have Some Energy!" Edition--



Usually when I get home from traveling I am a slug and don't want to do anything besides the basics.
Not this time!
We picked up  fresh farm produce and reduced meats on the way home and I marinated veggies and steak and put up 3 bags of green beans that evening.  Then I made peach jam the next morning.  Today I have to blanch and freeze the rest of the corn on the cob I bought too.  This week may also find me getting more green beans to prep and put up for winter too as the beans are cheap and nice looking right about now around here.

By the end of this week between harvesting/putting up veggies and getting College Boy packed up to go back to school I may collapse.  Stay tuned to see how it all turns out.... ;-)
 
Onward to the meal planning!
 
Here's what was planned last week.......

1. Sunday--Kielbasa(from the freezer), rolls, onions, pickles
2. Monday--crab cakes and fish, leftover cole slaw, leftover stir-fry veggies
3. Tuesday--leftover roast chicken made into something TBD, grilled yellow squash
4. Wednesday--maybe Chinese take-out or "breakfast for dinner"
5. Thursday--eating out
6, Friday--eating out
7. Saturday--leftovers(risotto?)and veggies
 
And this is what actually happened--

1. Sunday--Kielbasa(from the freezer), rolls, onions, pickles
2. Monday--crab cakes and shrimp, leftover cole slaw, leftover stir-fry veggies
3. Tuesday--leftover roast chicken, grilled yellow squash & onions
4. Wednesday--Chinese take-out
5. Thursday--Eating Out--Lunch-fish Sandwich/Fried Dinner-Steak Sandwich and Soup
6, Friday--Eating Out--Lunch-bbq Sandwich Dinner-Steak, Salad and Mac and Cheez
7. Saturday--Eating Out--Lunch-Chicken Salad Sandwich and Fruit Dinner-leftovers(I had hot and sour soup from my Chinese take-out)

We had a big dinner on Monday as College Boy was off from work and home for the meal. I also tried to use up some leftovers before and after we got home from Virginia last week.

Hubs was off on Wednesday(we didn't leave for VA until Thursday)so we pan fried slabs of the cheese grits, eggs and ham casserole thing I made for breakfast.  It tasted better but nobody is enamored of that dish so we'll probably toss the rest and I'll never do THAT experiment again. lolz
 

As for my grocery spending last week.....

I didn't even go into a grocery store last week until Saturday(Aug. 1st)on our way home from VA.
So there was no grocery spending last week of July and I've already posted my July Food Totals last Thursday.

Leftovers going into this week--risotto. The grits casserole gets pitched and everything else was eaten.  I'll probably throw the rest of the risotto into the freezer since no one seems eager to eat it this week.
 
Here is this week's food plan--

1. Sunday--Marinated Steak and Grilled Veggies, Corn on Cob
2. Monday--Chicken Parm, Green Bean Saute
3. Tuesday--Crusted Tilapia, Yellow Squash and Onions
4. Wednesday--Pizza and/or Wings at local place(I have a freebie Q)
5. Thursday--Leftovers
6. Friday--Spaghetti and Meatballs, Salad, Garlic Bread
7. Saturday--Leftovers or Hot Dogs and assorted leftover fresh veggies

What I need to buy for this menu?.....I don't need a thing. 
The garden is giving up goodly amounts of squash now and I stopped at a produce stand on the way home near Bealeton VA and got fresh beans, corn, zuke, tomatoes(REAL TOMATOES!), cantaloupes and farm eggs....so I've already done my produce buying for this week. Plus I got some meat deals at a grocery store down in VA too on the way out of Fredericksburg so I've already spent this week.  I'll make a pot of sauce today to slather on the chicken parm and save the bulk to use for my spaghetti on Friday.

I haven't even looked at the grocery ads yet this week but if there are some loss leaders we can use I'll pick them up. Between the grocery meat deals and the produce stand I am already at $61.72 spent on food in August.  $288.28 left of the food budget to spend this month.
 
What is getting fixed and served at your house this week?    

Was last week's plan successful, did you go off plan or did you not even plan what was going to be eaten that week?

Any great deals on food at your stores this week? 

Sluggy

Sunday, August 2, 2015

Happy August!

No rest for the wicked this first weekend in August!

We got home about 5pm yesterday from Virginia and there was work to be done.
Food bought to put away.......


And beans to snap, blanch and freeze.....

Then it was meat and veggies to marinate for the grill on Sunday before bedtime.

Today I've already made breakfast, cleaned the kitchen, cut up cantaloupe, stocked the fridge with drinks, and cut up peaches..........


And now if you'll excuse me I have peach jam to make and put up, then a deck to sweep and a bathroom to clean.  ;-)

I hope everyone is enjoying their weekend.

Sluggy

Friday, July 31, 2015

A Quickie

Can it really be the last day of July?
Can August be right on the horizon?
Can I really be sleeping on a subpar mattress in a sleazy motel in Virginia?

Yes to all!

My Eldest son's "moving to VA plan" has changed a total of 3 times since Tuesday.
This only meant a disruption in "our" plan once.....so far......but it was quite a change.

Hubs and I got into town here mid afternoon yesterday so had some time to kill yesterday.

We found somewhere to go...........


Can you guess where?

If I look like death warmed over it's because I was outside and it was something like 92F in the shade. ugh.
Welcome to Virginia in August.

More later as this adventure develops..........

Sluggy


 

Thursday, July 30, 2015

2015 Food and Toiletries Spending.....July Update


Onward to July's food spending report.......



Here are my FOOD BUDGET spending totals for JULY 2015.

I have posted July's totals on the Total Grocery Savings for 2015 Page located HERE and have updated the Yearly Totals there.  I am listing subtotals for each store I purchased from in June.  If you aren't interested in that much detail, just skip to the bottom for the Totals Sum.  My spending includes Food, Toiletries/HBA, Cleaning Products, Paper Goods & tax where applicable. We are a family of 3(3-4 at home this month). No kids under 19. 
Remember too that youngest son's friend often stays over at our house during the school break and eats here sometimes so I am feeding an additional person sporadically.

******************
BAKERY OUTLET
OOP  $7.50
Value  $35.22
Savings  78.71%

DOLLAR TREE
OOP  $9.05
Value  $21.65
Savings  58.20%

MAINE SOURCE
OOP  $44.38
Value $67.57
Savings  34.32%

MALACHI's(produce market)
OOP  $3.97
Value $6.99
Savings   43.20%

RITE-AID
OOP  $100.00
Qs/Ads  $61.03
Value  $161.03
Savings  37.90%
 
SHURSAVE STORES(small local independent affiliated stores)
OOP  $3.42
Qs/Ads  $0
Value  $3.42
Savings  0%

SURPLUS OUTLET
OOP  $56.32
Value  $91.39
Savings  38.37%

TARGET
OOP  $0.00
Value  $40.46
Savings  100%
 
WEIS MARKETS
OOP  $227.26
Qs/Ads  $228.99
Value  $456.25
Savings  50.19%
 

*********************
My best 3 Store Savings Totals were Target at 100%, the Bakery Outlet at 78.71% and Dollar Tree at 58.20%.  My WORST savings rate(besides the local market were I just bought a gallon of milk and milk is NEVER on sale in PA so it was 0% savings there)was Maine Source at 34.32%.

I shopped at 9 different stores this past month.   Lots of single transactions at lots of stores. The only store I shopped at repeatedly was Weis.

TOTAL Out of Pocket........ $451.90
TOTAL Coupons & Store Sales Savings...$432.08
TOTAL Value of Items Purchased............$883.98
TOTAL Savings of...................................48.88%

This closes out the July food/toiletries spending.

THOUGHTS & COMMENTS for this month.....
I went into July wanting to do a $300 food budget for the month....after June's spending topped out at $602.03 it was time to reign things in.  8-(
Well if I hadn't bought those Rite-Aid gift cards(to use later in the year to get awesome deals) I could have done a $350.90 spending month and that would have been closer to my target.

The monthly savings percentage went down by 6.72 % in July to 48.88% compared to June's 55.60% average.  If I hadn't purchased the R-A gift cards my monthly savings percentage would have been 53.11% which would have been a 2.49% reduction in savings.

The savings rate for the whole year so far now stands at 58.12%.  That's a 1.4 % decrease in savings over June's YTD total(59.52%).  It's still hanging in well over a 40% savings rate for the year so it's all good. 

I have spent a total of $2,803.56 on food/toiletries in 2015 so far at this point in the year. That averages out to $400.51 per month so just over $400 average per month.  Not a bad thing but I can do better.

June's Grocery Spend Fest  raised the average monthly spending by $42.10 more per month for the year-to-date.
And May's spending raised the average monthly spending by $41.47.  
With July's average monthly spending at $400.51 we are finally heading in the right direction!

With College Boy going back to school next month(and no more coffee, snacks, chicken strips, soda, etc. being bought) I should be able to get this food spending even lower.

If you take my halfway through 2015 total and extrapolate it out for the full year, we are on track to achieve a $4,703.32 Food/Toiletries Spending Year for 2015.

LOOKING AHEAD To AUGUST.........

We'll try for a $350 food budget for AUGUST.  I am done buying special snacks and foods for College Boy for the Summer and he goes back to school on the 15th of August.  Granted I'll have a few items to pick up for him to take to school as he goes back a week before classes start for Marching Band Camp and he'll need food for that week plus snacks and bottled water for the Fall semester.  I've picked up over the course of this Summer some provisions for him to take back to school already, working those expenses into my monthly food shopping budget(drinks, coffee, canned pasta, ramen cups, cereal, etc.)so we shouldn't have to spend much this month, if anything thing, on foods/toiletries for him.

We do need to eat down some proteins in the freezer including a turkey breast this August.  Just getting that out will make quite a bit of room in there for late Summer produce buys coming up I wish to freeze.
 
If you have other ideas or guidelines you follow please leave a comment and share yours with us all.
 
*  How much did you spend on food/toiletries in July?
*  Do you track your yearly food spending?
*  What was your savings percentage buying on sale and/or with coupons vs. buying at regular retail price last month, if you track that sort of thing?
 

Sluggy