I'm ( fill in the blank) and this is 2020 - Page 4
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  1. #46
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    Knotme- Congrats on DH's raise! WooHoo! LOL on the kids. They sound adorable.

    We got emails that we will be given 2 months of discounts on our car insurance. The whole household is barely driving now. DS2 works from home until they call him back. Me & DH drive about 45 miles a week total with the 2 of us....So, not much gas emissions.

    My CC got hacked almost a week ago and I thought I'd have my new card by now. Nope. I have bills that come out automatically on that card and wonder if the bill will be switched over to the new card automatically. I don't think so, from what I remember when this happened the last time. The sad thing is that one bill goes directly to a collections agency..... That should give me a gold star. Not.

    My 401K has decreased dramatically and I'm glad I haven't participated in it for a couple of years. My job does not contribute anything to it. Plus, I need the $ for my bills.

    I'll be seeing a specialist next month and it looks like they want me on a new regimen, which will cost me thousands of dollars a year. Once I figure the finances and how much insurance will pay, I'll need to make the decision on following through or not. If my numbers are accurate, the new regimen will cost at least 1/3 of my income. I will not be able to swing that cost and will decline the advice.

  2. #47
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    rujerro, good luck with the specialist. I will add you to my prayers for a good outcome.

  3. #48
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    good luck rujerro! knotme.. new grandbabies lovely! Our retirement funds have gone down too ..dh put $25 in rrsp jan from inheritance and now down $3k. same w kids educational plans. but it is all a long term game. We have jobs so still the same payments going on. He put money on the mortgage too so can't prepay anymore. Taxes done so he gets a lot back since he put the money into the rrsp (like your 401k) and I owe about $150. $1000 for labour to put the windows in downstairs. the siding on and off took a lot of labour. you never think about all that. and the enlarging of the window frame etc. we trust him so when he does stuff we just say go ahead. family friend who has done constructions for decades. he worked on our house before.

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  5. #49
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    KnotMe-Thank You

    I paid off both CC's this month with the stimulus check.

    I need to rework my budget and will do my best to stay on track. I've found that I've allotted $ 285 to medical stuff/mth with $50 of that to save per month for medical not expected! Unfortunately, I currently pay $385/mth for surgery payments and meds. And I just had more bloodwork done for $52. Plus, I have to make a MD appt and she will want more labs. So, my total for the month will be at least $500 this month. I was not expecting that!

  6. #50
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    HEY ALL!! DH has been working contract to contract w/o a "real" job for 7 yrs. We have remained debt free for 7 yrs. now. I am making about $600. a yr. running things thru the CC for points. Still way short of retirement in 8-ish yrs. Still need to repair many things in the house. Both kids are adults now and independent.

  7. #51
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    We did the one thing Dave tells you not to do. We took another loan on our 401k and paid off all the credit cards. Now we only have the truck and the two loans on the 401k. Credit cards are gone. We were losing so much money in our 401k that we decided to use it to save us money. The money we pay back goes back into the 401k as well as the interest. We have enough leftover each month that we'll be able to pay cash for anything we ever need. We weighed the options of doing this and if dh were to lose his job, we take a hit on taxes. Not the end of the world. I think we'll be fine. 5 years and we're completely debt free with all our money back in the 401k. We've been through this enough to know that we are not going back into debt. It will have to be a huge emergency for us to use the credit cards again. We said that if we needed something and the money wasn't there yet, we would wait until we had the money saved. I think we will be truly debt free this time around.

  8. #52
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    Still not home and still not sure when I will make it there. DH is doing quite well with doing the finances so far. I have managed for him to get more into his Roth acct ( I usually just do the cheques for it and mail it in or do online) He has also managed to get extra on to our mortgage too which was a goal of mine for the year too. both are not as much as I would have done by now, but I am pleased with what he has done. as to when I will get to go home depends on how long my DD needs me. 2 babies under 2 and a hubby who works 2 ( 40 hr a week ) jobs leaves her with little help from him. He tries but does need to sleep when he can too, to be able to work his hectic schedule. I am hoping this week to be able to get her some freezer to oven or crock pot meals put together to help her out and find super easy breakfasts that is not a bowl of cereal. I have come up with a few to try out so far. and I am really loving the snuggles I get from the littlest baby. Hard to believe she is already a month old today.

  9. #53
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    heading home soon. DH told me I am taking over finances when I get home. Maybe it was too much for him to think about too. He did not get the money into his Roth acct. so I will have to take that back on too. but looking forward to see what our accounts do look like when I get there. How is everyone else faring in this time of uncertainty. I hope and pray you haven't had reduced hours of work or job loss. With things slowly opening back up, hoping the jobs will pick up too.

  10. #54
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    we are status quo. Just working.DS2 started working then taken off schedule so laid off. But I was able to get him transferred. I'd like to sell a rental but DH refuses. It never made the profit of other rental and now is worse.

  11. #55
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    Home again, home again, jiggity jig. I have made it home and have taken back the reign of the finances. DH did ok doing it but was glad for me to take over again. so I have set aside more money for his Roth acct. waiting a few more weeks before we put in the account but have it waiting to go there. I have bills mostly set for this last pay cheque. Just need to readjust how we do things as pay dates will change come July. He did pay extra on to the mortgage too and so we are not quite where I thought we should be by now, but further than if he hadn't pay any extra to the mortgage, ( I would love it gone in the next 2.5 years but I think it will be closer to 3 years now. I will be back on track in a few months.

    How are you doing? baby steps do work.

  12. #56
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    Knotme - we are adjusting. I am letting hubby do the grocery shopping for perishables and I have shelf-stable things shipped. That works pretty well for now. I am happy to be driving so much less and less gas cost. Weather has been in-between (not too hot, not too cold) so utility bills have also been lower than they might have been. Big outdoor yard projects are nearly finished. I will strip wallpaper in a bathroom this summer, not sure how long that will take.

  13. #57
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    almost end of June. I was able to add to my IRA today and filled it for the year. One goal completed! that makes me happy! I hope to finish putting the money aside for DH's Roth next month and the that one will be completed. that also makes me happy. We are slowly plugging along and small and steady wins this financial race. Have a blessed day!

  14. #58
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    Half way through July, and over half a year gone! Wow time is flying by. How are you doing on your goals? No real progress, just mailed off the mortgage payment for the month so in a week I will have more paid on that ( depending on when it gets there) I know many are struggling with job and covid stuff, so I hope and pray all is well there. remember the small steps do add up. Keep your chin up and keep going.

  15. #59
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    Half the year is over and here is what got accomplished:
    1) The house refi- DONE
    2) Pay DS2's tuition of $7,000- $1,000 to go
    3) Get a concierge Dr. - Changed Mind
    4) Build up emergency to $6,000- $1,000 to go

    We are looking at doing another refi and will try to do that to save another $100/mth. It will take a year to break even with closing costs. DS2 got a job and now has 2 scholarships, so he can pay most of his tuition for the year! He can pay about 80% of the costs. As for a doctor, I found a PCP and specialist that I pay my co-pays and co-insurance instead of paying that plus $1800, so I saved there. Still have a bit to go for the emergency fund.
    I'll be done paying off my surgery in August, which will save me $253/mth. I can divvy it up for mortgage/tuition/emergency fund.

  16. #60
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    More on the mortgage done, and added to a CD that came due CD. New month is a few days and new challenges and goals to make. July/August/September is the timeframe for all the taxes and fees due ( rain tax, sheriff, fire and ambulance) They all arrive in July, and payments are due in August/Sept. so that is on the agenda for the next couple of months.

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