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Surprise Pay Increase :-)

August 18th, 2018 at 06:36 am

I took a new job at the end of the school year, knowing that I was going to take a pay cut. It cuts my daily commute from 2 hours to 1/2 hour, saving me tons in gas, tolls, and oil changes for my 200k+mile car. My share of the health/dental insurance is a fraction of what it was at my former job, so I figured I would come out about even anyway.

When I got my contract, they had me at the Master's level instead of the CAS/Doctorate level. I asked about it, and they said since I don't officially have either, I will have to stay at the Master's level. Like I tell my students, persuasive writing is one of the most important things they can learn to do, as it will help them for the rest of their lives. So . . . I wrote a persuasive email to the superintendent back in July. I explained that I could have my CAS right now, but if I did that, I can't get my doctorate; it's one or the other, and I am working on my dissertation because I want my doctorate. I also explained that I know everyone is trying to save money, but think how much they will save because I already have my M.Ed (so they don't have to pay for classes), and I have my National Board Certification (another $2500).

I got home the other night to an email from my supervisor, out of the blue, saying they decided to raise me to the CAS level. :-) I had already signed my contract at the lower pay, so I was thrilled. It's only $2k, but it's $2k more than I was making a month ago :-), and it's the point that they are acknowledging my credentials. So, with this, I will probably end up with more money in my pocket than I was making in my previous district, plus will gain so much more personal time back in commuting.

It's a nice start to the school year.

Debt Snowball Increase

August 12th, 2018 at 06:55 am

(Numbers updated for those who asked about it.) At the end of June, our debt snowball was at $204. Since then, along with debts paid off, I added subscriptions that I canceled. This month I added $37 from paying off my iPhone, and we got our first combined cell phone bill, which saved us $63/mo. As bizarre as it seems, the combined bill is .26 less than my husband's individual bill was. It pays to take some time to really go over what you need for a plan.

Anyway, with those two amounts added, we are now at $439 for a debt snowball. The next debt is only $343, and I paid the extra $63 from the phone bill to it, as well as $25 from the pawn shop. It's now at $255.

**edited to add: just realized I had $32 left in my tolls category, but with my new job, I won't be paying tolls. Put that on current debt, which is now at $223.

The next debt is only $320, so between the leftover debt snowball, and a giant yard sale I am having with my family in a couple weeks, I'm hoping to see that debt gone this month too. I'll have some unusual bills to cover though, so I don't know if we can do it; I'm going to try.

Next Debt Paid Off

August 9th, 2018 at 01:34 pm

Paid of my iPhone. When I called, they sort of tried to talk me out of it by telling me I would not be eligible for an upgrade if I paid off my loan. The representative actually said, "Are you sure you want to do this?" OMG!!! Crazy.

Anyway, with this payment gone, our debt snowball is now bigger than our next debt, so some will go on the following debt as well. With that in mind, I'm looking for all the extra money I can find to see if we can pay of two debts in August.

Have been doing some Field Agent stuff, and have $24.40 that I will try to cash out, and found some more jewelry for the pawn shop. Would love to find enough money to take out the next *two* debts in August!
Accounts left to pay off

Truck $27k

***Under $1500***
CitiBank CC $1485
Capital One CC $1380
Discover CC $1250
Target CC $1270
PayPal #1 $1120

***Under $1k***
Dell $900
Walmart $780
BN CC $775
Home Depot $670
Amazon $730
Ulta $650
PayPal #2 $660
Old QS CC $320
BuyPower CC $340

***Paid Off***
iPhone 8/'18 $336
Venus CC 7/'18 $325
Lenscrafters CC 7/'18 $250
Lowes CC 7/'18 $230
JCP CC 5'18
QS CC ??/'18
CareCredit CC ??/'18



July 2018 Recap

August 6th, 2018 at 11:58 am

***Extra money in***
We sold jewelry at the pawn shop, broken gold and silver online, sold my motorcycle, and changed our cell phone plan.


***Debt Progress***
We ended up paying off three small cards (Lowe's, Venus, Lenscrafters), putting us about two months ahead in our debt payoff plan.


***August Extra Money Plans***
-found a few more pieces of jewelry for the pawn shop
-gathering tons of items for a big yard sale with several other family members
-old mechanic interested in my spare car

Debt Snowball Update

July 25th, 2018 at 12:44 pm

The $300 from selling my old, broken jewelry online, plus the minimum payment, is enough to pay off the next debt in the snowball.


Accounts left to pay off

Truck

***Under $1500***
CitiBank CC
Capital One CC
Discover CC
Target CC
PayPal #1
Dell

***Under $1k***
Walmart
BN CC
Home Depot
Amazon
Ulta
PayPal #2
Old QS CC
BuyPower CC
iPhone

***Paid Off***
Venus CC 7/'18
Lenscrafters CC 7/'18
Lowes CC 7/'18
JCP CC 5'18
QS CC ??/'18
CareCredit CC ??/'18

Debt Snowball Update

July 21st, 2018 at 12:41 pm

Again, this is really just for me to keep track of our progress. Paying off Lenscrafters.


Accounts left to pay off

Truck

***Under $1500***
CitiBank CC
Capital One CC
Discover CC
Target CC
PayPal #1
Dell

***Under $1k***
Walmart
BN CC
Home Depot
Amazon
Ulta
PayPal #2
Old QS CC
BuyPower CC
iPhone
Venus CC

***Paid Off***
Lenscrafters CC 7/'18
Lowes CC 7/'18
JCP CC 5'18
QS CC ??/'18
CareCredit CC ??/'18


Finally! Sold Something

July 21st, 2018 at 12:40 pm

I sold my motorcycle to a fabulous young woman heading to college for small engine repair. I listed it for $400, she offered me $300, I was so happy to sell it to her that I took it right away, no negotiating. Happy to have it gone and for her to have it. She's already named it Gretchen . . .

Took some old jewelry to the pawn shop and got $80 for it. I didn't even think I would get $50, so counting that as a super win.

Paid off another debt, and set aside $60 as my husband feels more comfortable when we have more than just the basic emergency fund, so we are doing a 52 week (sort of) challenge at the same time as paying off debt.

sellyourgold.com

July 19th, 2018 at 02:54 pm

I've not sold any of my stuff on CL yet, and I'm getting antsy. The $63/mo savings on our cell phones won't kick in until the end of August, beginning of September. I am still collecting items for a large yard sale at the end of August that will involve two other families.


I have a friend who used sellyourgold.com before, so I decided to go through my jewelry, dig deep, and sell some of the things I haven't worn in years. In total, it's about an ounce, although there are some pearls on a gold chain, so the weight isn't all gold. I'll be mailing it tomorrow morning, and hoping for the best. I have to drive about 20 miles to a Fedex location, so I'll use my BBB gift card while I'm in the area, and I'll also try some of the Field Agent jobs I've heard about.

***Update*** They offered me $297 for the gold, plus an additional $5 if I left a review, so I did. $300 seems like a little less than I expected, but still high enough that we decided to accept it. After all, it's mostly a pile of broken jewelry, and this will just about pay off another debt.

Cell Savings

July 17th, 2018 at 08:08 am

I took some time yesterday to really delve into combining our cell phone plans as we are with different carriers. When all was said and done, we ended up saving $63/mo versus our previous individual plans. We also got a $100 accessories gift card for the store.

$63 more to the debt snowball starting in September.

I also went to buy a new hair clip with my very small pocket money allowance, and was appalled that they were $5. I needed a new one, so decided to buy it anyway. When I got to the register, I had $3 in rewards (!), so paid only $2 for the clip.

I also had a $10 off a $10 purchase at Staples, so bought a $9.99 pack of blank discs and a .99 storage bin.

It was a good money day. Now, if I could sell any of the things I put on CL, I'd be super happy as I could actually pay off a debt.

First Try at Selling on CL

July 15th, 2018 at 05:50 am

I decided to sell some things I don't need or use anymore (or enough to keep right now at least) on Craig's List. I dragged them out of the garage yesterday, cleaned them up, and posted them last night. I will take almost anything to get them gone, but I've posted my rototiller for $400, motorcycle for $400, and my practically new motorcycle helmet for $75. A couple responses so far, but no real interest.

I think we sold an old beast of a snowblower for $100. It worked up until someone offered to 'fix' it for me at the start of last year, after which it never started again. The buyer is supposed to come today; not counting my money until it's in my hands, but this would be more than just money, it's also one eyesore hulking pile of metal that will be gone from the back of the yard.

I'm also gathering up everything I can come up with to bring down to my mother's at the end of August to have a big yard sale.

July Debt Snowball Progress

July 13th, 2018 at 09:26 am

Hopefully I can look back on this over the coming months and see how much progress I've made. We are being financially strangled by a million small minimum payments on credit cards. The plus side of that is with so many with balances under (and mostly well under) $1k, progress comes quickly and keeps me motivated.

Accounts left to pay off

Truck

***Under $1500***
CitiBank CC
Capital One CC
Discover CC
Target CC
PayPal #1
Dell

***Under $1k***
Walmart
BN CC
Home Depot
Amazon
Ulta
PayPal #2
Old QS CC
BuyPower CC
Venus CC
iPhone
Lenscrafters CC

***Paid Off***
Lowes CC 7/'18
JCP CC 5'18
QS CC ?? '18
CareCredit CC ?? '18

Back again for accountability . . .

July 12th, 2018 at 07:46 am

I came across this site while looking for some Dave Ramsey forms. I couldn't believe my old posts were even still here! It was amazing reading through them as my life is so different now.

Of course, I wrote an amazingly long post, and got logged out/timed out/whatever, so lost it all. So . . . redoing the quick version.

**This will be boring for anyone to read; it's for my accountability. Just warning anyone who might read it. You'll never get those minutes back. ;-)**

Worked really hard before to become debt free, also got divorced. Saved up money, bought a cheap house for cash, bought two used cars for cash so that when one was in the garage for repairs I could still get to work, saved up for an amazing solo vacation to Moorea, an island off Tahiti, and most of a trip to Iceland with some friends.

***Going Back Into Debt
Got back from Tahiti a little broke, but came across a car that was much better than mine, for a crazy low price. Ended up using my EF to buy it and pay for the few repairs it needed. Started using my credit card . . . but didn't touch my long term EF. Dumb.

Met my future husband. Spent the remaining EF on our wedding. It was an amazing dream wedding that we only spent $4k on, so totally worth it. We lived in his small apartment (long story) until we could move into my house. Ended up charging my spending money in Iceland; bought a new washer for the house; spent oodles of money redoing the bedroom at the house; and spent tons of money while living at the apartment because it was quite stressful to be there and we agreed that we would rather go into credit card debt than deal with living in the apartment without being able to have fun. And fun we had. Now it's time to pay down the debt.

***Income situation
This is a little up in the air as I am changing jobs. I'll make less money, but pay less for insurance, and will avoid the daily tolls and 2 hour daily commute cost, so the lower pay should be offset by the savings in gas/tolls and insurance. Together we should make $75-$80k.

***Debt situation
We have about $10k across a bunch of credit cards (about $3k mine before meeting my husband), and about $30k left on my husband's truck. We pay about $500/mo toward credit cards and $550 for the truck. I've worked out the debt snowball by hand and with the debt snowball calculator on undebtit. We should be free of debt by October 2021.

***Goal
My goal is to look back on this post four years from now and think, omg, curbing spending sucked, but it was so worth it. We have two mortgage-free houses (inherited family vacation home on river that we use for vacation), a beautiful paid truck, no debt at all, and a fully funded 3-6 month EF.

Completely Uninteresting April 1st Debt

March 26th, 2011 at 09:17 am

Again, this is just for me to keep a running log of my debt as I hopefully get it all paid off.

Merrick Bank $442.28
PayPal PayLater $61.99
Orchard Bank $479.21 (a stupid annual fee)
Capital One $1359
AT&T $75.17 (They added $29 to my bill when I canceled prior to my next billing cycle. Jerks)

Total April: $2417.65
Total March: $2609.74

Paid Off
Target
HSN
Macys
IKEA
Sam's...

Last Month
Target: $24.40 paid
HSN: $39.00
PayPal Pay Later: $140.00
Merrick Bank: $465.31
Orchard Bank $443.40
Capital One: $1362.63
AT&T (last phone bill)$135.00

It is so little debt in the grand scheme of things, but it seems like it is taking forever to pay off!

Total:$2609.74

Paid Off
Macys
IKEA
Sam's...

Cars & Phones as status symbols

March 19th, 2011 at 05:57 am

Since I know I'll forget about this, I wanted to document it to remind myself of how silly it is.

I switched from my iPhone to a Virgin Mobile slide/touch phone about three weeks ago (and will be saving a ton of money doing so). For the first couple of weeks, when I took out my little phone, I felt a bit uncomfortable, like I couldn't afford an iPhone or something. I was shocked that I would feel like that over a phone. Now I'm fine with my new, non-status phone. (Not that iPhones are status symbols anymore, everyone has one it seems, but still . . .)

Soooo, I'm leaving work at the same time as several people yesterday, and start noticing all the shiny new cars in our parking lot. There were a couple older cars, but mostly new. It didn't bother me at all to walk over to my definitely non-status symbol car. It's a 1998 Ford Escort wagon with 72k miles (30k of them mine). The paint is nice; it has one tiny dent FROM BEING TOWED, but is in great body/engine shape.

Why my phone bothered me but my car doesn't just seemed odd to me.

Living Social *deal*?

March 10th, 2011 at 01:43 pm

I've never purchased anything from Living Social, but earlier this week they had a pizza deal for a place I've wanted to try, and you got $2 extra dollars off if you watched the trailer for a new television show. I thought I was getting a good deal - $20 gift certificate for $8.

I checked my account this morning, and there is $10 'processing' and $8 and $10 charges listed as holds, all for Living Social. Maybe it will be fixed, but in the meantime it's on my mind and aggravating me. What's the problem? Charge me the $8 that showed up at checkout and be done with it. I don't understand why there are many different charges/holds (3) on my account for one purchase.