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Friday, February 6, 2009

Grocery money just a flyin'


I can definitely tell a difference between January and February in terms of money in the Grocery Jar. The money this month is just flying out of it and yet the fridge, pantry and freezer can't seem to keep food in it.
We ate at mom's probably a dozen meals in total from Christmas to end of January payday, for holidays and birthday celebrations. I wondered how big a difference I would see this month and I sure can!
My grocery money is the one jar I snowball to debt so I am holding on to it tightly hoping that I can have some extra to get that Bank of Mom loan all done.
Time to sit down, inventory and plan out some meals. Something I've needed to do for a longggg time.

Thursday, February 5, 2009

If there is $ leftover....where does it go?

I know some of you budget with envelopes...some with jars...others do cash only without specific categories while others handle things solely online. Whatever works for you.

My question is......at the end of the month, if you have money left over in general, or in a specific category, what do you do with it?

Do you...
a) set it aside for that budget line as extra for next month?
b) put it in a savings account?
c) snowball it towards debt?
d) emergency fund?
e) other?

I'm mostly just curious. Still developing my system and I am sure I will need at least 6 months to see if what I've decided to do is still feasible.

Wednesday, February 4, 2009

Living the Life

I'm taking a leaf from SavingforLater's blog and doing a little personal inventory. I rarely do these sorts of things but this one seemed fun. Those I've done are bolded. Since I have copied, it's only fair if you do too, if you're interested.

  • Started your own blog
  • Slept under the stars
  • Played in a band
  • Visited Hawaii
  • Watched a meteor shower
  • Given more than you can afford to charity
  • Been to Disneyland
  • Climbed a mountain
  • Held a praying mantis
  • Sang a solo
  • Bungee jumped
  • Visited Paris
  • Watched a lightning storm at sea
  • Taught yourself an art from scratch
  • Adopted a child
  • Had food poisoning
  • Walked to the top of the Statue of Liberty
  • Grown your own vegetables
  • Seen the Mona Lisa in France
  • Slept on an overnight train
  • Had a pillow fight
  • Hitch hiked
  • Taken a sick day when you’re not ill
  • Built a snow fort
  • Held a lamb
  • Gone skinny dipping
  • Run a Marathon
  • Ridden in a gondola in Venice
  • Seen a total eclipse
  • Watched a sunrise or sunset
  • Hit a home run
  • Been on a cruise
  • Seen Niagara Falls in person
  • Visited the birthplace of your ancestors
  • Seen an Amish community
  • Taught yourself a new language
  • Had enough money to be truly satisfied
  • Seen the Leaning Tower of Pisa in person
  • Gone rock climbing
  • Seen Michelangelo's David
  • Sung karoke
  • Seen Old Faithful geyser erupt
  • Bought a stranger a meal at a restaurant
  • Visited Africa
  • Walked on a beach by moonlight
  • Been transported in an ambulance
  • Had your portrait painted
  • Gone deep sea fishing
  • Seen the Sistine Chapel in person
  • Been to the top of the Eiffel Tower in Paris
  • Gone scuba diving or snorkeling
  • Kissed in the rain
  • Played in the mud
  • Gone to a drive-in theater
  • Been in a movie
  • Visited the Great Wall of China
  • Started a business
  • Taken a martial arts class
  • Visited Russia
  • Served at a soup kitchen
  • Sold Girl Scout cookies
  • Gone whale watching.
  • Got flowers for no reason
  • Donated blood, platelets or plasma
  • Gone sky diving
  • Visited a Nazi Concentration Camp
  • Bounced a check
  • Flown in a helicopter
  • Saved a favorite childhood toy.
  • Visited the Lincoln Memorial
  • Eaten Caviar
  • Pieced a quilt
  • Stood in Times Square
  • Toured the Everglades
  • Been fired from a job
  • Seen the Changing of the Guards in London.
  • Broken a bone
  • Been on a speeding motorcycle.
  • Seen the Grand Canyon in person
  • Published a book
  • Visited the Vatican
  • Bought a brand new car
  • Walked in Jerusalem
  • Had your picture in the newspaper
  • Read the entire Bible
  • Visited the White House
  • Killed and prepared an animal for eating
  • Had chickenpox
  • Saved someone’s life
  • Sat on a jury
  • Met someone famous
  • Joined a book club
  • Lost a loved one
  • Had a baby
  • Seen the Alamo in person
  • Swam in the Great Salt Lake
  • Been involved in a lawsuit
  • Owned a cellphone
  • Been stung by a bee
  • Read an entire book in one day

That's 31 for me

Tuesday, February 3, 2009

Kids and Cell phones

Just tossing out a 'hmm what do you think' to folks out there who 've experience with this. My boys are 14 and 11. We live in a dual community of about 17,000 ppl with a bridge between. There is no public transportation here. The older goes to a High School and the younger goes to an elementary school. They are about 6-8 blocks from the school I work at. Our home is on the other side of the river.

My boys are involved in a few different activities and our schedules are different every single day. At Christmas, I finally relented and got my son a cell phone so he could phone for emergencies. Well technically I gave him MY cell phone and I got a new zero dollar 3 year contract phone. He was literally THE LAST of his group to have one, by almost a year. My younger is one of about 4 kids in his class without one.

We probably are mid middle class with a few of their friends a bit lower on the financial scale, but most of them higher. Most of the students in my class have them as well and they are the same age as my older.

I relented because one too many times he'd been stranded...practice done early and ppl left before we got there...missed bus etc.

His contract is 'about' $40 a month including unlimited text and he shares 300 min of talk each month with me.

Almost none of his friends, or my students have $ responsibility for part or all of their phone. I have him pay $20 a month, which is challenging itself as he does not have a 'job' but we make it work. I think it's important he understand that things like that cost $ and have a play in the finances.

He's responsible and doesn't have it on in class (they get taken away) and doesn't text instead of socializing. (so far so good)

Of course, everyone's situation is different in terms of where you live, how old your kids are, your budget line, your activities etc.

So what are your thoughts on this matter?
Do they get one? why/why not?
Do they pay part? all? none?

curious

Sunday, February 1, 2009

Where the debt stands

As of February 1st, 2009

Mortgage - $43 800.64
Consolidated Loan - $12 473.43
Bank of Mom - $100.00
My Mastercard - $0 - wheeeeeee
His VISA - Paid in Full thanks to windfall
His Truck Payment - Paid in full thanks to windfall

Total Debt - $56,374.07

** I will remove his VISA and Truck Payment after this update**