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Update on Job Situation and Action Plan

January 22nd, 2018 at 05:31 pm

I still no end date, but I am really betting that we will get 90 day notice in March, with a June End Date. At this time, I would get 10 weeks of severance (based on time with the company), paid out for any earned TOP time (accruing 2.5 days per month).

I am actively looking for Full time work, but knowing I have some time, I have been a little choosier. I have had several offers for contract work, which could turn into permanent, but until I get an end date and closer to it, I wouldn’t take that. There are always contract options in my industry.

My family all went onto my husband’s insurance, knowing that I would be ending my relationship with the company mid-year. That will be helpful.
I am saving all overtime and since I don’t know when that OT could end (as my employment comes to an end with the company), I am attempting to push myself and do 20 hours a week.

I also will be saving all of my 3rd paycheck in March (minus budgeted gas, groceries and a little spending money).

We are also in budget lockdown. We are very social people, so we’re going from going out a LOT go going out, with coupons/ specials 1 time a week and hosting people over for things like game nights.

Losing this job, I will be losing around 20-30k a year in OT, plus I will likely be taking a pay cut as pay is oversaturated in my industry right now. Saving is important to help with this transition!

I also am doing everything I can for some extra money, which will go to my 2018 gifts fund and if I can swing it, a mini vacation as we haven’t had one in about 2 years (except for a couple of weddings in 2016).

It’s stressful, but my husband & I are working as a team to make it as easy a transition as we can!

Savings Totals Update

January 22nd, 2018 at 10:16 am

EF1 $1903.84
EF2 $18,117.66
Slush Fund (Vet, HOA, EZ Pass, Annual Bills) $562.47
Home Upkeep $112.91
Medical $106.40
Auto $71.19
Longwood $117.70
Clothing $85.54
2018 Gifts $754.10
2017 Gifts $30.83 (holding for niece’s savings)
Nephew Savings $980.33
Daughter Savings $450.94

Grocery budget & meal planning

January 19th, 2018 at 11:05 am

It’s insane how much we have been spending for a family of 2 adults & 1 child for household, diapers and groceries. So far this month, we have spent $432.18. We have roughly $70 left in the budget for January. This spending doesn’t include pet supplies.
Yesterday, I did a LOT of stocking up – we had eaten down our freezer stash in December. So we needed to stock up on meats, fruits & veggies, diapers and basics.
I am meal planning my booty off. With a 2 year old who demands dinner the second we walk into the door on a work night, I use meals I made & froze or easy meals during the week. So that is what I am concentrating on. These meals will take us well into February.
This weekend, I am making lots of meals for the freezer. We will also grill some chicken for snacks/lunches for the week (we are doing Weight Watchers & trying to eat healthier).
I plan on making Korean Spicy Pork Loin Saturday night. Leftovers will also be frozen and I am going to try to make a healthy 2 ingredient bread recipe – I am going to make garlic sticks and pizza crust. Wish me luck!
Once all of this is cooked – we will have a freezer full of:

3 Family meal servings of meatloaf muffins
2 Family meal servings of Taco Meat
2 Family meal servings of Sloppy Joe
2 Family meal servings of honey sesame chicken
2 Family meal servings of barbecue chicken
1 Family meal serving of Korean Spicy Pork
4 Family meal servings of Potstickers (premade frozen)
1 Family meal serving of fajita chicken
2 Family meal servings of Turkey meatballs

On days I work remote, I cook a hot meal – so that will be when I do a balsamic honey pork chop and some pretzel crusted Dijon chicken. We also have turkey meatballs in the freezer (precooked) and will use that with pasta one night.

Each week, I will meal plan out of what we have to work with, and there will always be room to switch things around.

This week:
Sat 1/20: Korean Spicy Pork Loin (leftovers will go in the freezer), brown rice & veggies
Sun 1/21: Beef taco salad
Mon 1/22: Fajita Chicken & peppers
Tues 1/23: (husband’s late night): Fend for yourself – (ends up being potstickers a lot of the time)
Wed 1/24: Turkey Meatballs & pasta
Thurs 1/25: Balsamic Pork Chops
Fri 1/26: Sloppy Joe & pasta

Meal Plan

January 16th, 2018 at 07:56 am

Monday: Sesame Chicken & Brown Rice
Tuesday: Dinner for Breakfast (egg muffins & potatoes)
Wednesday: Turkey Meatballs
Thursday: Barbecue Shredded Chicken
Friday: barbecue pork chops
*can be switched around as needed


Breakfasts: Egg Muffins & potatoes obrien, fruit
Lunches: Chicken Breast sandwiches and small salad (all pre-packed)

2017 Retirement Numbers

January 16th, 2018 at 07:46 am

2017 401k Personal Contribution: $16,802.21
2017 401k Company Match: $6300.80
TOTAL 401k Contribution $23,103.01

*this does not include the #s for my husband

Meal Planning

January 9th, 2018 at 10:08 am

Sunday, I took Fridge and Pantry inventory, did some grocery shopping & did a meal plan. My husband & I are both doing Weight Watchers – which I don’t find to be any more expensive really – BUT I do have more convenience foods – like natural apple sauce cups & no sugar added peach and pear cups for grab & go fruits. And of course, we have the 2 year old to feed. She’s going through a picky stage.

I use Aldi as much as possible for meats, staples & fruits/veggies. Then Walmart for the most part. Sometimes based on ads, I hit up other places.
This weekend, I spent $54.56 at Walmart & $55.62 at Aldi. We did a lot of stocking up too.

The Meal Plan for Dinners:

Sunday: Turkey Meatballs and pasta
Monday: Buffalo Shake N Bake chicken. My husband had jalapeno potatoes as a side and I put mine on a salad. The little one was hungry early, so I fed her a meatloaf muffin from the freezer.
Tuesday: (Husband’s late night at work) So we usually fend for ourselves. I am thinking leftovers from the freezer
Wednesday: Apple & onion pork chops & brown rice
Thursday: Shredded Barbecue Chicken from the freezer
Friday: Sloppy Joes
Saturday: Hubby has plans to watch football, so I am making a Chipotle Salmon Burger and the little one will have a chicken patty and pasta.
Sunday: chicken tacos

In addition, I worked remote today, so didn’t prep any meals for breakfasts or lunches yesterday like normal. This is really important since after almost a year since the announcement that our work is closing later in 2018, the cafeteria on site closed as of 1/1. So I already packed lunches most of the time, but now I have even bigger reason to J

So tonight, after making dinner, I prepped a few salads – some regular veggie only and a few with baked chicken, salad, celery, hot sauce & light blue cheese dressing. These will be my lunches.

Then I made egg muffins with a little light cheese, bacon pieces, onions, peppers, eggs + egg whites and light milk - they came out super fluffy!

I also cooked some frozen potatoes o’brien, added some extra onions and portioned them out for breakfast.

Snacks are packed – turkey pepperoni, applesauce, pears, banana.

I also have a bunch of aluminum water bottles that I reuse – I fill them in the beginning of the week for grab & go.

2018 Financial Goals and Vicarious Financial Position

January 1st, 2018 at 09:42 am

My husband’s job is very stable. However, my work announced in 2017 that our work site will be closing in 2018. 400+ people at our work site. Many have already been given their severance and left. Several groups are still in the office. My team specifically is training a group to take over our work in another site, but the training is not going quickly. Upper management has no real idea what we do, so there is a very good chance that they will end our group before the other group has the required knowledge). So that should be interesting.

Of the people on the team in our state (8 plus our manager), 2 were given 120 day notice in November. They were the low performers. We have been ‘promised’ 90 day notice plus severance of 2 weeks per year employed. Which would be 8 weeks for me.

I have been applying without any luck. Part of it may be the last quarter of the year usually has businesses in my industry in hiring freezes and partly that there are a LOT of people in my field looking for jobs at once in a small area.

My position on the team has special knowledge and I am a Senior (assistant manager), so my position will likely not be eliminated until almost the end (HOPEFULLY). I am looking and have been doing insane amounts of overtime while I can.

This crush of OT + stress of losing my job has led to health problems, stress and all kinds of not fun things. I have to limit the OT for mental and physical health reasons in 2018.

The result of my losing my job is that I was in very specific industry sweet spot where I had responsibilities of a salaried person, but because of a job classification, was deemed hourly and given unlimited overtime.

My salary was also high and overpriced for the area.
Therefore, we are expecting a significant income loss. I will lose 20-30k in OT income plus I will likely lose around 10k in salary income. This is a horrible hit for us. We will persevere though!

That being said, my goals for 2018 are very fluid, financially.

• I have a goal of an average 15-20 OT hours per 2 week pay period while at the current job
• Continue monthly networking events
• Revamp household budget
• Meal plan weekly in an attempt to lower all household expenses.
• Continue tracking all personal and household spending
• Complete cash only gifts/holiday spending in 2018
• Find a new job
• No new debt
• Payoff existing debt
• Post here weekly at least. Helps for accountability
• Continue 16% 401k contribution personally until new job/budget reset

2017 Financial Goals Final Update

January 1st, 2018 at 09:15 am

Financial:
1. Get Renter Out – COMPLETED – Had to go through full eviction process. No recouped rent obtained
2. Sell Townhouse – COMPLETED 11/29/2017
3. Cash only gifts/holidays/Christmas. I include all birthdays, holidays, cards, Christmas, Thanksgiving groceries, my daughter's birthday party in this category, so it seems big. I need to add $1249 to this fund in 2017 – COMPLETED within budget
4. Pay off small debt at 0% before it runs out in 2018 $3481.09. Part is medical expenses that I am hoping to just cashflow paying the card for instead of using funds from my HSA. But we will see. – PARTIALLY COMPLETED – moved to another 0% card some balance due to financial changes through year
5. Keep up OT to pay Rental Townhouse Mortgage so we don't have to utilize any further savings – COMPLETED until Sale process
6. Add to Emergency Fund by $5000. Stretch goal is $8000. This would be significantly dependent on goals 1 and 2. – COMPLETED AND EXCEEDED $17k saved
7. No new debt [FAIL – small amount]
8. Continue FB sales of household and baby items. - COMPLETED
9. Continue 16% of salary to 401k - COMPLETED
10. Continue contributing to Childcare FSA for $1666.67 contribution from employer (Automatically set up already). - COMPLETED

Financial Updates (from EOM Aug/Beg Sept)

September 12th, 2017 at 06:38 am

401k Update (Self only)

Personally Contributed $11,710.92 YTD
Company Matched $4,391.84 YTD

TOTAL Contributions YTD: $16,102.76


RETIREMENT UPDATE
Current Personal Retirement Balance Total (without Spouse) $141,464.07 (UP from $119,755.27 on Jan 10th)



Health SAVINGS UPDATE
H.S.A Cash Amount: $43.24
H.S.A Investigated Account: $1743.20
Y.S.A (H.S.A) Account: $1916.36

Health Savings Accounts Total: $3702.80


Non-Mortgage DEBT UPDATE:
CC B (0%) $6,281.41
CC P (0%) $2,171.38
CC W (0%) Furniture Purchase $1754.35
CC B (PIF Monthly) $48.48
CC AZ (PIF Monthly) $66.31
CC T (PIF Monthly) $208.44

TOTAL: $10,530.37

SLUSH FUND SAVINGS UPDATE (to be used throughout the year as irregular expenses occur):

Facebook Kid Sales (sale & purchase of items for the 2 year old via yard and FB sales) $199.50
Facebook House Sales (sale & purchase of items for the house) $41.00
Clothing Fund: $60
2017 Gifts Fund $1271.00
2018 Gifts Fund $140.13 (all from free sources of income)
House Slush Fund $329.94
Home Upkeep $52.29
Medical Slush $93.26
Auto Slush $320.84
Membership Slush $52.48
2017 Gifts Fund $1271.00
Car Insurance Savings $195 (paid bi-yearly)


REGULAR SAVINGS:
Joint Savings: $500.19
EF1 Savings: $13,000
EF2 Savings $3855.03
2018 Gifts Fund $587.23 (all from free sources of income)
Nephew UGMA Acct: $947.74
Daughter UGMA Acct: $300.01
Daughter 529: $752.81
CC Repayment: $184



Hello Old Friend(s)

July 5th, 2017 at 07:38 am

It has been quite a while since I have posted and I am sorry for that. Things have been crazy lately and I have been 'triaging' some of my priorities. I have quite a few updates and a goal to post much more regularly, so please don't mind the looonnng post.

I am writing this in a bit of a stream of consciousness, so bear with me.

*Short Sale on Townhouse (non-primary residence) is going slowly. The paperwork requires that we apply for a loan modification, although I will not qualify at this time (see bullet #2). Paperwork, paperwork, paperwork. Its a long and frustrating process, but I am dealing with it pretty well.

The mortgage company asks for bank statements, so I was incredibly annoyed to find a $1125 deposit from our previous property management company in my account last week. They accidentally applied someone else's income into my account (because of having the same last name). So because they couldn't figure out how to reverse the payment, I had to cut them a check to get it out of my bank account. They provided me documentation to send to the bank as well, since it was their error.

We actually have an offer on the house for the short sale, so hopefully we can present it to the bank soon!

*For the 1st time in my life, I am being 'let go' from my job. Its a weird situation - to save money, the company is pulling out of my state. They announced our site closure a little over a month ago and it will be closed by mid to late 2018. Different areas/people will be given 90 day notice at different times.

For my very specific and small job function team, we are currently starting training of employees in another state that would be the team taking over the work. Until they are up and running well, we would not get 90 day notice. Politics of the office - our bosses' boss hates our management team for various reasons and wants our state's site gone ASAP and has said as much directly to our group. Upper management said we'd likely go in mid 2018. She said, and I quote, her goal is "the end of 2017."

So that being said, we (my family) will lose my salary, my substantial overtime income and more at an undisclosed time. I have only been with the company 4 years, so my severance (after the 90 day notice) would be 8 weeks. The competition of 400+ people from my job site all looking for jobs at the same time is not worth waiting for that type of severance, so I am looking now.

I also am doing as much OT as I can to save up. My overtime is covering the rest of our normal household bills and my husband is using his salary to build an emergency fund in an account in his name only. This is his money as far as the mortgage company is concerned as he is not named on the townhouse mortgage and deed and they stated having his income in the calculations would be messy, so this is considered fine with them.

Once my job is being eliminated, that OT would not be able to be considered in calculations anyway, so saving a bit from it now is appropriate.

* Our baby girl is almost 2 and definitely not a baby. Things are changing day to day with her. She's feisty and fun. She turns 2 in August and we are planning a birthday party at home, keeping it very simple with friends and family coming over. Hotdogs, sides, cake. We have a very small budget, but a big set of guests. It should be perfect.

I already bought her 'big' gift for her birthday. An excellent used condition Strawberry Shortcake tricycle! Super cute and she will love it as her favorite thing to do is 'go outside!'. $12 out of pocket, can't beat it!

*We have made the choice to continue saving for retirement at our current rate. With my overtime, it increases significantly every extra hour that I do. We are very happy with the #s

* I joined Weight Watchers in late April. I really didn't get on the program until early May, but I am doing well. I have lost 24.2 pounds. I had some ups and some downs, but the overall loss is phenomenal to me. I fight against some thyroid issues and not having the time I'd like to incorporate a ton of exercise, so I am very happy with the results. My husband joined me in mid-May and is doing well too.

* Groceries/eating out/meal planning: Our grocery bill has increased a bit since we are trying so many new things/recipes. Our eating out spending has gone significantly down. Overall, the $$ is going in the right direction and I am getting to try a lot of new and fun meals!

Additionally, I have been packing breakfasts and lunches for work. That has helped with the WW and with saving money.

I have lots more to talk about, but those are the big things Smile

Rental Townhouse Update - almost up for sale

April 11th, 2017 at 10:56 am

Last month, we evicted the tenant and will likely not see that money back (although garnishment paperwork is in submission) It is what it is.

That being said, we are cash flowing the mortgage from my overtime and now cash flowing electric and water for the townhouse as well. We had to do some spackling/painting and pay a handyman to fix the front door frame, which was severely damaged by the tenant.

The house has been cleaned & carpets shampooed. I contacted a realtor who will be taking pictures today, so hopefully the house listing gets online ASAP.

April Goals Better Late than Never

April 7th, 2017 at 07:02 am

1) OT Hours Goal: 30 hours
2) Savings (not including sinking funds, 529 or kid savings). $300
3) Debt Repayment (0%) $200
4) Cash flow rental townhouse mortgage payment (from OT) $1009
5) Sell a min of 5 items on FB Sales Site
6) Pack lunches of 15 In-Office days in April, I will pack 12 times
7) Continue tracking all personal & household spending
8) Professional Tasks:
a. Complete 1-2 webinars
b. Update resume
c.
9) RENTAL UNIT:
a. Place for sale
b. Keep upkeep
c. Pay electric & water

10) Keep up calculations for utilizing OT to keep on track to max out 401k this year
11) Research larger house purchases:
a. Fence
b. Blinds for family room
c. Pressure washer
d. New bed & frame for master bedroom

March Goals Update

April 4th, 2017 at 12:03 pm

1) OT Hours Goal: 60 Hours this month to cover mortgage on rental that is being prepped for sale, $300 per paycheck into savings and a 1/2 of the car repair I put on a 0% card [NOT MET – WORKED 44.92 HOURS OF OT IN MARCH]

2) Savings: $1046 (including Savings but not sinking funds, 529 and Kid Savings). [Actual Savings: $1410.03]

3) Debt repayment $400 (including the partial car repair) [Actual Debt Repayment: $551.05]

4) Cash flow Rental Townhouse Mortgage Payment: $1009 (from OT) [DONE]

5) Sell 8-10 Items on FB Sales Site. Baby items plus household items [DONE – sold over 52 items]

6) Pack Lunches a minimum of 3 times a week (only work in office 4 times per week, work 1 day remote) [FAIL]

7) Do Alt Income tasks (Bing, mypoints and mycoke rewards) [DONE]

8) Continue to track all personal & household spending (I don’t bother with DH’s personal spending – no need to know how much he spent on lunches, etc when it’s his fun money) [DONE]

9) Professional Tasks:
a. Mail Professional Membership recertification paperwork [DONE]
b. Complete 1-2 webinars [DONE]
c. Update resume [FAIL]

10) RENTAL Unit:
a. Complete repairs [DONE]
b. Meet with realtor about putting up for sale [DONE]

11) Meet Tax Professional – Appointment set for 3/7/17 [DONE]

12) Keep up calculations for utilizing OT to keep on track to max out 401k this year [DONE]

13) Research/plan for bigger house purchases: [FAIL]
a. Fence
b. Blinds for 1 room
c. Pressure washer
d. New bed and bed frame for master bedroom

Taxes - Do you ever REALLY pay attention to how much you pay?

March 9th, 2017 at 08:16 am

So last night I dropped off my taxes to a professional. The very first time that I have not done our taxes. This year, we bought a house, put our townhouse up for rent, had non-payment from renter and a few other out of the norm financial items that led us to take the advice of a professional for this year's taxes.

I know from talking to friends and family and from reading blogs, that a lot of people focus on the amount they owe or are being refunded when they file their taxes. I know I am guilty of it, but I really want to take a hard look as the dollar amounts we pay in taxes – Federal, State, Local (if applicable), Social Security and Medicare.

We do pay attention to what is withheld versus what is estimated to be owed. Our refunds have usually been within $500 or so. Last year, we had a slightly larger refund. This year, I’m not sure how its going to turn out.

I am also looking hard at any way to lower my AGI to pay the least amount of tax as possible. Right now, my husband & I contribute to our 401ks, but not to the max for both of us. We contribute to a H.S.A, and a Childcare FSA. My goal this year is to try to contribute to IRAs for both of us and this year I am hoping to max out on my 401k at least.

Still – seeing the hard #s of what we gross, what we pay in taxes and what we actually net is eye – opening.

Do any of your take a hard look at the dollar amount and/or percentages paid?

March Goals

March 6th, 2017 at 11:53 am

1) OT Hours Goal: 60 Hours this month to cover mortgage on rental that is being prepped for sale, $300 per paycheck into savings and a 1/2 of the car repair I put on a 0% card

2) Savings: $1046 (including Savings but not sinking funds, 529 and Kid Savings)

3) 3) Debt repayment $400 (including the partial car repair)

4) Cash flow Rental Townhouse Mortgage Payment: $1009 (from OT)

5) Sell 8-10 Items on FB Sales Site. Baby items plus household items

6) Pack Lunches a minimum of 3 times a week (only work in office 4 times per week, work 1 day remote )

7) Do Alt Income tasks (Bing, mypoints and mycoke rewards)

8) Continue to track all personal & household spending (I don’t bother with DH’s personal spending – no need to know how much he spent on lunches, etc when it’s his fun money)

9) Professional Tasks:
a. Mail Professional Membership recertification paperwork
b. Complete 1-2 webinars
c. Update resume

10) RENTAL Unit:
a. Complete repairs
b. Meet with realtor about putting up for sale

11) Meet Tax Professional – Appointment set for 3/7/17

12) Keep up calculations for utilizing OT to keep on track to max out 401k this year

13) Research/plan for bigger house purchases:
a. Fence
b. Blinds for 1 room
c. Pressure washer
d. New bed and bed frame for master bedroom

February Goals - Update

March 6th, 2017 at 11:37 am

1) OT Hours Goal: 54 hours in the month FAIL: 27.80 hours. Was sick the first week of the month and did not worry about doing OT.

2) Savings: $1046 (including House Savings, 529 and Kids Savings); Actual: $1061.64

3) Debt repayment $100; Actual: $157

4) Cashflow Rental Townhouse Mortgage Payment: $1009 – GOAL MET

5) Sell 5-10 Items on FB Sales Site – Sold 2 items and a 10 pack of clothes

6) Meal Plan all 4 weeks - FAIL

7) Limit lunches out to 4 days in the month - FAIL

8) Do Alt Income tasks (Bing, mypoints and mycoke rewards) – Did, but not consistently

9) Continue to track all personal & household spending (I don’t bother with DH’s personal spending – no need to know how much he spent on lunches, etc when its his fun money) - DONE

10) Keep within budget for Atlantic City Trip. Budget $200 for DH & I. We have a free room, are bringing drinks & food, have coupons for meals and are planning on only playing a few penny slots and enjoying time with our friends. - DONE

11) Professional Certification Tasks:
a. Attend Chapter Event - DONE
b. Complete 2-3 webinars - DONE
c. Sign up for recertification & start paperwork (once work pays) – DONE (Work submitted payment as well)

12) RENTAL:Unless paid up by Day 11 after court date (where the renter agreed to all amounts owed and the judge said we have the right to evict), the PM company will fill Writ with courts for 24 eviction. That would be on Monday the 6th, so wish us luck - DONE - Eviction complete. Repairs started and hoping to put on market asap

13) Set up tax appointment - I normally do our taxes, but with the rental, the rental income loss, etc, I am going to a professional for this year only - DONE

14) Start sale process on townhouse - Pending

15) Keep up calculations for utilizing OT to keep on track to max out 401k this year - DONE

February Update:

March 6th, 2017 at 11:23 am

Retirement Update Balance as of 3/1: $128,841.71 (not including Spouse’s retirement funds)
CC Debt Balance as of 3/1: $2470.86 (all 0%)
Sinking Funds Balance as of 3/1: $2195.78
Daughter Savings: Balance as of 3/1 $213.67
Daughter 529: Balance as of 3/1 $549.65
Savings Accounts: Balance as of 3/1 $13,789
Health Savings Account 1 (invested) Balance as of 3/1 $1799.67
Health Savings Account Balance as of 3/1 2 $803.21
Cash Savings (FB Sales) Balance as of 3/1 $259.50
2017 Gifts Fund Balance as of 3/1 $1271
2018 Gifts Fund Balance as of 3/1 $37.01
Total Alt Income in February: $79.01

Updates

February 11th, 2017 at 05:08 pm

I was sick a week and half ago - lost OT, because I took 2 days off to recover. So my OT goal for the month will likely not be met. I am fine with that. OT is a luxury, not a necessity Smile

I am selling a few baby items this month & am gearing up to put together Groups of summer baby clothes to sell in lots. Hopefully that will bring a few bucks in.

My husband and I went to Atlantic City with some friends for Superbowl. 4 couples, 3 free rooms. We splurged on valet parking ($10) and gambled a little (with planned cash) and had some food. Spent about $200, which was the max amount we had budgeted. So that was a win. We had a blast!

Today, our one friend helped my husband load up and unload a bedroom set from some friends nearby. It was sitting in their basement and we needed a guest bedroom set. A queen bed frame & headboard, a night stand and a dresser and mirror/shelf top. $30 approximately spent on a truck rental and maybe another $20 on dinner for the friend who helped us move. Great deal for us! I hope to take pictures once its fully set up.

Late Posting Meal Plan

February 7th, 2017 at 12:27 pm

Saturday: Chili & cornbread
Sunday: Out of town (Atlantic City)
Monday: Make due from the fridge
Tuesday: Pasta & meatballs
Wednesday: Honey Balsamic Pork Chops
THursday: Shake N Bake Chicken

Lunches: prepped a bunch of egg salad and prepared grab & go portions of nuts, applesauce and cornbread muffins.

Breakfasts: rice chex and milk (for me), my daughter gets breakfast & lunch at daycare and my hubs sometimes packs and sometimes doesn't, using his fun money to eat out. He handles that himself though.

February Goals

February 1st, 2017 at 01:17 pm

1) OT Hours Goal: 54 hours in the month
2) Savings: $1046 (including House Savings, 529 and Kids Savings)
3) Debt repayment $100
4) Cashflow Rental Townhouse Mortgage Payment: $1009
5) Sell 5-10 Items on FB Sales Site
6) Meal Plan all 4 weeks
7) Limit lunches out to 4 days in the month
8) Do Alt Income tasks (Bing, mypoints and mycoke rewards)
9) Continue to track all personal & household spending (I don’t bother with DH’s personal spending – no need to know how much he spent on lunches, etc when its his fun money)
10) Keep within budget for Atlantic City Trip. Budget $200 for DH & I. We have a free room, are bringing drinks & food, have coupons for meals and are planning on only playing a few penny slots and enjoying time with our friends.
11) Professional Certification Tasks:
a. Attend Chapter Event
b. Complete 2-3 webinars
c. Sign up for recertification & start paperwork (once work pays)
12) RENTAL:Unless paid up by Day 11 after court date (where the renter agreed to all amounts owed and the judge said we have the right to evict), the PM company will fill Writ with courts for 24 eviction. That would be on Monday the 6th, so wish us luck
13) Set up tax appointment - I normally do our taxes, but with the rental, the rental income loss, etc, I am going to a professional for this year only
14) Start sale process on townhouse
15) Keep up calculations for utilizing OT to keep on track to max out 401k this year


Final January Update (I promise to streamline next month)

February 1st, 2017 at 12:58 pm

OT:
60.26 hours worked

RENTAL TOWNHOUSE:
No income from non-paying Renter
$1009 mortgage paid

CC DEBT
AMOUNT REPAID: $866.09
AMOUNT LEFT: $2576.07 AT 0% THROUGH YEAR END

ANNUAL EXPENSES PAID:
Sewer: $137.77

ALT INCOME:
FB Baby item sales $18

SAVINGS:
Cash EF: $170 added
Joint House Savings: $974.96 added
Daughter 529 $20 added
Daughter Kids Savings Acct: $10 added
*Not including funds that go into sinking fund savings accounts



January Savings Update

February 1st, 2017 at 12:46 pm

January Savings Amount:
Cash EF: $170 added
Joint House Savings: $974.96 added
-$25 cashflow from DH
-$250 from Childcare FSA reimbursement
-$191.64 from Childcare FSA reimbursement
-$300 from DH Pay

January Goals Update

February 1st, 2017 at 12:42 pm

JANUARY Financial Goals: Update
1) Pay $463.08 towards 0% Debt: ACTUAL PAID: $866.09
2) Sell 5-10 Items via FB sales site: 7 ITEMS SOLD - Made $18 in Alt income from FB sales
3) Work 60 hours of OT: ACTUAL WORKED: 60.26 Hours
4) Meal Plan each week: COMPLETED 3 OF THE 4 WEEKS WITH A PLAN (It’s a start)
5) Calculate what is needed to meet Professional Re-Certification
a. Make step by step plan: DONE
b. Start request for employer to pay for recertification: APPROVED, PENDING PAYMENT
c. Pay to join Local Chapter (not covered by employer) $30 fee annually: DONE
d. Sign up for 1st Chapter Event (Free with membership): DONE

Jan OT Goal Met

February 1st, 2017 at 12:33 pm

My OT goal for Jan was 60 hours and I just eeked in and met it at the end of the month! Yay for me.

Jan 1 to Jan 8 - 22 hours OT
Jan 9 to Jan 15 – 15.13 hours OT
Jan 16 to Jan 22 – 11.43 hours OT
Jan 23 to Jan 27 – 8.73 hours OT
Jan 28 to Jan 31 – 2.97 hours OT

TOTAL JANUARY OT 60.26

Meal Plan for the Week

January 24th, 2017 at 10:34 am

Although its Tuesday, thought I'd put up my meal plan for the week.

Sunday: Chicken Patties with mozzerella, pasta & sauce
and peas

Monday: Baked Barbeque Chicken and corn

Tuesday: Meatball sandwiches with mozzerella

Wednesday: Baked Potato Bar

Thursday: Honey Balsamic Pork Chops and Rice

Friday: Steak and Blue Cheese Salad

Meal Planning & Recipes

January 19th, 2017 at 06:34 am

This week, my meal planning was non-existant, but we were working with a lot of freezer stuff & leftovers, so it works out.

Monday - We had leftovers
Tuesday - I made do as it was my husband's late night at work
Wednesday - Hubby made pork chops & fries
Tonight (Thurs) - I am going to dinner with a friend, so probably hubby is getting take out for our daughter & him.
Friday - We both have a happy hour with friends and my daughter is being watched by my parents.

The point of me saying this - is I am trying new recipes. The last week of meal planning, I tried a fabulous recipe for honey balsamic pork chops. SUPER yummy.

However, we are looking for new ideas. Asking anyone in the community to feel free to share ideas and/or recipes! Thanks in advance Big Grin

Placeholder for old 2015 and 2016 goals from sidebar

January 13th, 2017 at 12:11 pm

2015 Goals:
Contribute $8k to 401k
Company 401k Match Goal - $2770
Pay off CC TY $1087.11(Paid off Feb 6th)
Pay off CC FR $5762.60 (Paid off Mar 6th)
Pay off CC BA $9257.35
Pay off Car Loan $1595.93 (Paid off April)
Cash Only Gifts - Birthday AND Christmas
Spouse Paying off the last of the credit cards he came into the marriage with.
******************************
2016 GOALS:
1. Keep contributing 14% to 401k (plus 6% match)[increasing to 16% as of 3/18]
2. $2500 to HSA (PLUS $1500 Company Match). Already set up
3. $3333.33 to Childcare FSA (PLUS $1666.67 Company Contribution)
4. Cash only Birthdays/Holidays/Christmas (add $1294 to 2016 Gifts Fund)
5. Increase New Home Fund by $8000
6. Increase EFUND by $946.81
7. Increase Vacation fund by $274.86
8. Increase Nephew Savings by $500.05
9. Increase Medical Savings by $483.69
10. Increase Car Savings by $442.68

TOTAL GOAL: $27,715.42
STRETC GOAL: $30,000 - EXTRA TO NEW HOME FUND

Month Goals for January

January 1st, 2017 at 07:41 pm

Mix of personal, work & financial

1. Pack breakfast and lunch for work 3 of the 4 days per week we are in office. There are 2 holidays in January, so the Monthly Goal would be to pack 17 times this month.

2. Drink 48 oz of water every day. Its more than my annual goal, but I want to have a great start.

3. Exercise 3-4 times a week for a minimum of 30 days. My schedule is hectic, so incorporating this time will be a challenge. Once I start working it in regularly, I hope it will be easier.

4. Eat Healthier (nonspecific goal either than high protein, low fat, added dairy)

5. Pay $463.08 towards 0% debt

6. Work 60 hours of OT

7. Attempt to sell 5-10 Baby/Household Items

8. Meal Plan each week

9. Calculate what is needed to meet Professional Re-Certification. Make step by step plan. Start request for employer to pay for recertification. Make plan for if they refuse to pay.

2017 Goals

January 1st, 2017 at 07:21 pm

Financial:
1. Get Renter Out
2. Sell Townhouse
3. Cash only gifts/holidays/Christmas. I include all birthdays, holidays, cards, Christmas, Thanksgiving groceries, my daughter's birthday party in this category, so it seems big. I need to add $1249 to this fund in 2017
4. Pay off small debt at 0% before it runs out in 2018 $3481.09. Part is medical expenses that I am hoping to just cashflow paying the card for instead of using funds from my HSA. But we will see.
5. Keep up OT to pay Rental Townhouse Mortgage so we don't have to utilize any further savings
6. Add to Emergency Fund by $5000. Stretch goal is $8000. This would be significantly dependent on goals 1 and 2.
7. No new debt
8. Continue FB sales of household and baby items.
9. Continue 16% of salary to 401k
10. Continue contributing to Childcare FSA for $1666.67 contribution from employer (Automatically set up already).


Health/Household
1. 30 Minutes of Activity 3-4 times a week. So for the year 156 days of a minimum of 30 minutes activity. The Stretch Goal would be 208 days of a minimum of 30 minutes of activity.

2. 5 days a week of hitting 48 oz of water per day. I am terrible with water. So I am setting the 5 of 7 days goal with a stretch goal of 7 of 7 days. (260 days of the year/stretch 365 days).

3. Eat healthier. I don't want to put a weight loss goal on it, but that essentially is my goal. To have more energy, stamina and to lose weight.

4. Mealplan each week.

Work:

1. To refocus myself in the position. I have been feeling burnt out and want to expand my experience in a few areas. I will not be sharing the specific steps
because its work specific.

2. Finish completing requirements for my career accreditation. Need to re-up at the end of the year.

Financial Changes in 2016

January 1st, 2017 at 08:30 am

Financial Changes in 2016

This was a big year for us. We bought a house (yay), put a large down payment down, put our townhouse out to rent, working with a property management company, moved, had medical issues, and got a lot of overtime in.

I was able to cash-flow major expenses such as the purchase of a lot of furnishings, a car repair, the movers and Christmas. Some furnishings were bought new, some bought used, but all clean, long term use items.

We funded slush funds that are not calculated in the amount of money change in 2016 as they are not savings or cash-flowed large purchases.

Cash-flowed Purchases Include
All of Christmas Expenses:
A dining room table plus 6 chairs
2 8 x 10 area rugs
2 kitchen stools
1 bathroom area rug
1 couch and 2 arm chairs
1 couch & loveseat set
Movers
Car Repair

So Financially,

I cash-flowed large purchases in the amount of $6139.72

We paid Expenses on the Rental Property to the tune of $4576 after Rental income.

We saved $12,531.99 towards the New Home Fund, which was then used in additional to the amount already saved to make the deposit/closing costs on the new home purchase

We saved additional amounts of $1503.82 in the Home Fund, $892.95 in the EFund, $1001.59 in the 2017 Gifts Fund, $389.46 in my Nephew's Savings account, $193.72 in my daughter's savings account and $472.92 in her 529 account. TOTAL SAVINGs INCREASE: $4454.46

I contributed $17,474.02 to my 401k, the company matched $6785.30.

My company also provided $1666.67 in my CHildcare FSA.

In Addition, we created Cash Savings:
Emergency Cash at home: $218
FB Baby Sales $199.50
House FB Sales $51

So our financial turnaround this year was definitely significant.


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