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February spending

February 25th, 2019 at 06:02 am

This has been a pretty spendy month so far, with variable spending at $778.25. This doesn’t include regular bills, charitable donations, extra debt repayment, or work-related expenses, some of which will eventually be reimbursed, but it does include discretionary budget categories like groceries.

Unusual extra spending: $75 for a nice used desk chair to replace an old one that broke. $30 for a filing cabinet for my home office area. $70 for a nice Valentine’s dinner and drinks, with tip. This is more than a typical date for us, but every once in a while it’s fun to dress up and splurge on trying something new. (We roughly take turns paying for things.) $65 for some new bras and a dress to replace worn-out items.

Grocery spending was around $200, which isn’t too bad, although it could probably be lower for one vegetarian who doesn’t buy imitation meat and cooks at home a lot. Buying coffee and cafeteria snacks remains an area for improvement, even though I do keep some snacks at my desk and avoid pricey Starbucks coffee. Even the cheap stuff adds up!

Other spending included things like gas, forever stamps, mailing packages with Valentine’s candy for friends, liquor for a social gathering, a copay for dental work, and Hulu and Washington Post online subscriptions (don’t count these in the regular bills category because they’re definitely discretionary entertainment expenses) .

New Job, New Budget

August 5th, 2018 at 03:07 pm

There has been a lot of uncertainty surrounding my budget with my job ending, so I haven’t been posting much. I’ve just started a new job and should be able to start working on my financial goals again soon. Moving to a new state and renting a new apartment definitely requires cash up front, so I’m glad I had a large savings cushion for this kind of thing!

The new budget is starting to come together. My old rent had gone up to $1195, and the new place is $1225/month for two bedrooms instead of one. The one-bedroom apartments in the area I found that were nice without major problems were around the same price, and it would be nice to have a guest room for friends. My internet bill went from $75 (Comcast monopoly) to $40/month for Verizon, although I did have to buy a special router. Honestly, I would have paid slightly more just to dump Comcast- the way they treat customers in areas where they have a monopoly is infuriating. Waiting to see the actual cost of utilities at the end of this month, but I’m going to budget $150 to start.


It looks like my car insurance should drop substantially now that I have dedicated parking in the suburbs instead of street parking in a major city. It’s already pretty low compared to my friends – I was shocked by what some of them pay without a major accident on their record. Based on the initial online quote, I’m looking at saving $290/year.

My new job comes with a significant raise, but I won’t see the exact take-home number for a while because they pay once a month. It also comes with a retirement match of 5%, which I’ve never had before and definitely plan to take advantage of.

I have some unusual spending planned in the next few months- a few pieces of furniture for the new place and some wardrobe updates, since I need to dress very professionally at my new workplace. Otherwise I am looking to keep spending low and start working on my next student loan target: my only private loan. It had negligible interest for 5 years, but it went up to 6.4% recently, making it similar to the federal loans. It is also by far the most annoying to deal with, as you have to mail in payments by check and address updates, etc by mail. The starting balance is $26,589.54. The monthly payment plan is $222/month for 10 years, but I obviously don’t want to be paying for that long!

Still around, plans on hold

March 18th, 2018 at 10:49 pm

Still here!

I’m still here and reading the blogs, but took a break from posting for a while because my current job will be ending this summer and I’ve been job hunting. Until I have a new contract, I decided to slow down the extra payments to my student loans and to stockpile some extra cash on top of my current emergency fund instead.

There have been a few expenses related to this -got a new interview outfit and shoes, since I hadn’t bought a suit in years and they were looking a little dated. Looking professional and feeling confident was definitely a good investment though, and I did get it on sale! I’ve also paid $2230 in professional and licensing fees so far this year, which are not negotiable for my position and are required for any future jobs as well. A tax refund of $500 went toward these fees.

Retirement contribution, Survey Opportunity

January 21st, 2018 at 08:39 pm

Current IRA contributions are at 2,500. I decided to just put in the $150 in side income that’s pending, since they always pay eventually. I’ll pay my savings back when I get the check. $350 to go. Barring unforeseen expenses this month, should be doable! I tried to start doing my tax return this morning to get a sense of whether I’ll be getting a refund (my withholdings are usually appropriate, but the amount of interest I pay on student loans has produced a refund the last few years). My W2 hasn’t been issued online yet, so no success. Need to file taxes as soon as possible to submit my IBR renewal by early February.

Today should be a no-spend day, eating at home and working on a bunch of stuff with looming deadlines. Yesterday I spent about $38 on drinks/appetizer and a show with friends. I don’t feel too badly, since I’ve been too busy to socialize much earlier in the month and don’t want to be a hermit! Don’t anticipate going out in the coming week due to multiple project deadlines. Must be getting old, because I slept super hard after just one mixed drink.

Does anyone have any experience with Xfinity Insights surveys? Signed up after receiving an invitation email, but have only done the introductory survey so far. I do like the idea of taking some money back from Comcast, but not sure if they’ll send enough surveys for me to actually cash out a giftcard (requires a minimum of 50 points, not sure how many you get per survey).

Quick check-in, retirement progress

January 3rd, 2018 at 12:08 pm

Yesterday was a no spend day. I was going to stop for some over the counter medication, but traffic and parking were terrible, so I came straight home after work and found a little bit left in my medicine cabinet! Brought food and coffee to work.

I also got a check for some previous overtime in December- $260 for retirement savings. Current total before this deposit is $1535, with a goal of $3000. The plan is to switch back to paying down debt after meeting this goal.

Just to put things in perspective, I also have $3195 of unavoidable education expenses coming up in 2018 (required for my career), which I’ve had to save up for.

Random financial updates

December 3rd, 2017 at 02:20 pm

This has been one of those personally crazy periods where I haven’t been as focused on finances, so today is a catch up day. Unfortunately my freezer and fridge died right after an Aldi’s run, so there was some loss and food waste. I was out of town when it happened, so there wasn’t much I could do by the time I got back and found everything spoiled. This also caused a little more eating from the cafeteria at work, since it isn’t fixed yet and I usually rely on freezer meals I make ahead for lunch.

On the positive side, I had my yearly eye exam recently. The exam and 1 year supply of lenses cost $380, but insurance picked up $240, so I only paid $140 out of pocket. I also qualified for free shipping for the 1-year supply (a $15 savings) and just submitted a $20 rebate request to Acuvue. Every little bit helps! This prescription is also good for 2 years, and she said my eyes were very healthy, so I may skip my exam next year if I’m not having any issues. Given how stable my prescription has been, yearly isn’t really necessary, and it’s $85 plus a $55 lens fitting fee. I won’t change providers though, since this place offers weekend and evening appointments.

Roth contributions are at $1150 for the year so far, but I’m behind on balancing my budget, so I expect to be able to beef that up significantly once I total up the extra funds left over in other budget categories the last couple months.

It’s time to start thinking about Christmas shopping. I’ve had a Discover card forever that I rarely use except when traveling, but I got a notice that they are offering 5% cashback for Amazon purchases all December, which is where I buy most Christmas gifts. Awesome! (I pay the bill in full each month).

First goal in sight

August 2nd, 2017 at 11:25 pm

The most recent payment to the high interest loan finally posted, bringing the balance to $972- finally under the thousand mark!

Just submitted a $455 payment:
$104 overage from July parking category
$24 overage from July phone category
$126 from raise #1 (2015) in July
$146 recent raise July (2017)
$55 August loan payment difference

Budget maintenance and some spending

July 27th, 2017 at 11:20 pm

Did some calling around and decreased my phone bill by about $8 by removing insurance I don’t need on my 5 year old phone (I buy these in cash when they need to be replaced since I found out the “free” phone on most plans is just billed to you in monthly installments). I also bought a router/modem for $100 that will remove a $10/month modem rental fee from Comcast- wish I’d done this years ago, it would already have been so cost effective!

Disputed a fraudulent $99 charge I noticed this week successfully- it pays to read your statements!

Today I got out of work early and actually paid $10 to get my eyebrows done (I usually do this myself, but when I neglect it for too long it is hard to shape them correctly, so it was worth it. Plus sometimes it’s nice to get a little self-confidence boost from looking your best). Picked up milk, yogurt, and noodles at the grocery store, where I resisted the spray-on olive oil because I know those cans are terrible for the environment. Luckily the dollar store next door had a spray bottle I’m going to try using instead, plus ear buds, two packs of pens, and a USB/phone charger cord (can’t beat this place for electronic accessories, and the quality is the same!).

On the earnings side, a raise became effective this July and will net about $148/month. Also completed a side job that should pay around $200 before tax- will have to wait to see the final amount when the check arrives, but it’s going to be thrown at debt.

The current high interest loan balance is $1156. I am sending in $130 left over from the June parking category and $55 from the July loan difference category, so it should go under the $1000 mark!

June deals

July 5th, 2017 at 11:46 pm

June is a great time to pick up used furniture during moveout if you live near a college or grad school- I got a few pieces I’ve been contemplating for a while this way, and kept the total under $50. I had actually already checked Ikea, but found a used version of higher quality that matches my existing furniture better for less than half the Ikea price!

Workwise and personally June was extremely busy, but the up side to that was I didn’t have time to spend much. Sent a $557 payment to the high interest loan. The total should be around $1200 after the payment clears.

In other good money news, a small raise should hit my paycheck in July and I’ll be able to update the budget. This should hopefully offset an insurance increase of $143/month. I also have a potential lead on a small side project, but won't be counting any chickens before they hatch.

Has anyone heard anything else about Ima Saver?

Overtime

May 19th, 2017 at 12:16 am

Current balance on high interest loan: 2614
(Interest rate 7.65%-woof)

A lot of expenses hit recently, though nothing unplanned. Ordered more contacts ($120), yearly renter’s insurance renewal (about $150), 6 month car insurance bill, etc. These expenses come from designated budget categories.

A pending direct deposit showed up today for $411 for some recent overtime. As soon as this clears will send a loan payment for $491:

441 overtime
25 cell phone category difference (May)
55 IBR loan payment difference (May)


I signed up for more extra work later in the month- these opportunities don’t come up that often, so I try to jump on them!

Frugal goals for the next couple weeks: Cooking meals at home, AM coffee at home, bringing lunch to work, using my fan instead of turning on the AC.