Sorry! Its been awhile!
I haven't been excessively busy or anything, just giving in to springtime premenstrual malaise.
Oh, and also freaking out about money, but what else is new, right?
I had a minor car emergency: the 'ol dear decided to need a new exhaust system (among other things) in order to pass state inspection. So I had to fork over just over $2000.00 to make things right.
It was really painful for me. I had the money--I have been saving pretty aggressively-- toward the goal of purchasing a new-to-me vehicle sometime early next year--so I had about $5000.00 in an account called "the transportation fund". I did a big pro-con list and toyed with the idea of giving up on my car and trying to sell it for parts instead of fixing it and just getting by with a bike until weather gets bad again(I tried this last summer--gave my car to my youngest sister and took the bus / biked / walked everywhere until a car cut me off on my way home one day and I broke my wrist falling off my bike, so in theory this is doable, but it makes me slightly nervous given past events). My sister pushed for immediate car shopping and using the money I had as a down payment on something new-er, pointing out that the $600 + a month I had been putting aside would be less than a car payment on most things (also, she likes to go car shopping). And then I talked to the mechanic and voiced all of my concerns and he told me that the car looks to be in really good shape (other than the exhaust) and should make it to 300,000 miles with ease(it is currently at 220,000, so this is maybe two years away). So I took $2000.00 out of my transportation fund and had it fixed. And then when it came to $2300.00 I gritted my teeth and put the rest of it on a credit card.
This was an exercize in re-working goals. I have this tendency to get really driven toward a particular goal and to lose site of other stuff, and having to go in and evaluate where I was putting my money made me realize that my $500.oo emergency fund is inadequate, and that as much as I might want a newer car, putting nearly all of my savings into one goal / fund isn't the smartest way to make it happen. Because I do get really rigid about what the money is supposed to be for, and then have trouble with re-allocation and not thinking of it as a failure. So I've restructured my savings a bit: dropped contributions to the transportation fund back to 10% of my net income and increased contributions to my emergency fund to 10% as well. I'm also putting 10% into a "house" fund (that will be way more long-term: I don't even know what town I want to live in yet!) and 10% into a sort of "undeclared" (meaning I have not stated a specific purpose for it, not that I am hiding it from the government or something) playing-with-stocks fund (through Sharebuilder, divided among 5 different index funds) that, theoretically, I can to wherever I most need the money later on . Barring sudden crashes of the economy and my own ridiculousness regarding money.
I haven't changed my pre-tax savings at all; I am still contributing 15% (which still, sadly, does not get me close to the cap of $15,500/year) of my gross every paycheck to the company 403c (but they upped their match from 7% to 8%!! so there will be slightly more money going in there after June 1). This is money I never count, although when I get the biannual report it is always nice to see those numbers and think "someday this could be mine" Haha.
I feel better about it, though I am sad when looking at the considerably lower balance in my transportation fund especially when I think about how I only paid $500.00 for the car I just fixed for $2300.00!! My hope is that it will be money well spent though, and that I will have the car for another two years at least.
Showing posts with label savings. Show all posts
Showing posts with label savings. Show all posts
Friday, May 16, 2008
Wednesday, April 9, 2008
Now you're singing from your socks!
It has been amazingly spring-like here for the last week or so, and in celebration I've been running almost every day for the last week and a half. I'm not usually a daily runner--I think I have more of a tendency to injure myself when I run everyday, but last week when there were two sunny mid-40s days in a row (with a possibility of snow& sleet(that didn't ultimately happen) on the 3rd day) I thought "I can't pass this up! What if it snows again!" and I've been sort of playing it by ear ever since: so far no new aches or pains, and my hips (which have been my problem spot--bursitis is a horrible thing, let me tell you) have been awesome lately! Yeah!
In other news-that-isn't-but-is-to-me:
I hosted a clothing swap at my house on Saturday: If you are craving spring new clothes but dreading the price of such things, I would have to say this type of event comes highly recommended by me: it was awesome! It totally fulfilled my springtime urge for new clothing and was a good way to get together with friends I haven't seen in awhile. I told about 15 people about it and only about 7 showed up, but that was plenty. I made some food, people brought wine and it was all the fun of shopping with a group of friends ("oh my god you've got to try that on!" "oh that color! what were you thinking?!", enormous amounts of giggling, et cetera) without the price tag! I spent about $40 on food (which will also last me the rest of this week, I made more than people were willing to eat while also trying on clothing) and came away with several new-ish pairs of pants and spring-ier shirts and light sweaters. When I invited one particular friend she said "Oh! a "naked lady" party!" and I thought that sounded sort of strange (and lewd) but once boyfriends and other males left there was indeed a fair amount of pants-less-ness going on in my living room as people decided to just try things on where they lay :) so now it does make some sense.
Also in money saving modes: My days of paying for rentals may be about over! hulu might be all I need: Generally when I do the netflix thing it is for the old tv shows or new-er movies, a lot of which seem to be on hulu--and since I already have internet access and don't mind watching on a computer screen (actually right now we don't have a working dvd player anyway so thats the only option in the house). So with the addition of some red box codes I might be able to stretch the "entertainment" part of my budget further than ever before! I am pretty excited about this, any ways I can find to trim a little $ means I don't have to worry quite so much about gas prices going through the roof before it is warm enough to start riding my bike in to work again.
In other news-that-isn't-but-is-to-me:
I hosted a clothing swap at my house on Saturday: If you are craving spring new clothes but dreading the price of such things, I would have to say this type of event comes highly recommended by me: it was awesome! It totally fulfilled my springtime urge for new clothing and was a good way to get together with friends I haven't seen in awhile. I told about 15 people about it and only about 7 showed up, but that was plenty. I made some food, people brought wine and it was all the fun of shopping with a group of friends ("oh my god you've got to try that on!" "oh that color! what were you thinking?!", enormous amounts of giggling, et cetera) without the price tag! I spent about $40 on food (which will also last me the rest of this week, I made more than people were willing to eat while also trying on clothing) and came away with several new-ish pairs of pants and spring-ier shirts and light sweaters. When I invited one particular friend she said "Oh! a "naked lady" party!" and I thought that sounded sort of strange (and lewd) but once boyfriends and other males left there was indeed a fair amount of pants-less-ness going on in my living room as people decided to just try things on where they lay :) so now it does make some sense.
Also in money saving modes: My days of paying for rentals may be about over! hulu might be all I need: Generally when I do the netflix thing it is for the old tv shows or new-er movies, a lot of which seem to be on hulu--and since I already have internet access and don't mind watching on a computer screen (actually right now we don't have a working dvd player anyway so thats the only option in the house). So with the addition of some red box codes I might be able to stretch the "entertainment" part of my budget further than ever before! I am pretty excited about this, any ways I can find to trim a little $ means I don't have to worry quite so much about gas prices going through the roof before it is warm enough to start riding my bike in to work again.
Thursday, March 20, 2008
the handbook of misinterpreted activities
Its very Gray here and hard to remember that it is officially spring.
They've boarded up the windows in my office so even the gray doesn't penetrate--my whole world is brick-and-beige. If it weren't for the doorway (and sobriety) it would feel like a Poe story.
Its for progress that they've gone and bricked up my view, but it doesn't make me very happy. My understanding is that this is a temporary situation, but that doesn't really make it suck less.
I've been thinking about that, the temporary: Mostly my time lines for things in a "Your money or your life" way: I want to be living it not working for it, you know?
Sometimes I could kick myself for going to graduate school the way I did. If I hadn't, I would still have had school debt, but on a much smaller scale. I would also, however not have had the work opportunities that I've had with the extra degree. But maybe that would have made me get off my ass and get writing, something I tell myself I would like to do more of but rarely manage to do more of.
And I really like my job. I do. When I first started it, I wondered several times the first month if I hadn't actually hallucinated it: its that good. But (as my father always has said) there is still a reason they pay you to go there: right now that reason is that I can't see the outside world or any natural light at all from my desk: I'm pretty much in a packing crate. This is really sad given that I used to have a great view of the river.
So: how long am I here for anyway? Is this what I want to do with my life? What could be next?
Always the questions, huh?
I know I would like to try my hand at self-sufficiancy. Living off the land as much as possible. I've read a lot on the topic and it is exciting and also scary to me: mostly in that big-bad-world/woman-alone way. So (don't laugh please) I've been doing some weight training and taking a karate class. damned if I will be a girl in distress if I can help it. There is a school of traditional building an hour or so north of here that does timber framing workshops a couple of times a year(and once you take a class they'll let you host a workshop on your property--i.e. lend their help to put up your house, which is quite appealing), or there are always Yurts--which as they are lightweight might actually be a better option for a girl to think about putting up on her own. These are not exactly low-cost things though, The timber framing course is around $800 and a Yurt can run close to $10,000 (that was for a used one with some sort of deluxe snow package, which this year might have come in handy here). So I've got a little ways to go. But I do think (well, obviously) that that is the direction I'm headed in: I'd like to pay down as much of my school loan as possible and build myself a fat little efund and also buy a little piece of the planet to call my own and live as close to it as possible. At the rate I'm going, I think I'm looking at 5-8 years. Is 5-8 years in a packing crate worth it? Hard to say, and who knows, maybe I will have changed my mind by then anyway.
They've boarded up the windows in my office so even the gray doesn't penetrate--my whole world is brick-and-beige. If it weren't for the doorway (and sobriety) it would feel like a Poe story.
Its for progress that they've gone and bricked up my view, but it doesn't make me very happy. My understanding is that this is a temporary situation, but that doesn't really make it suck less.
I've been thinking about that, the temporary: Mostly my time lines for things in a "Your money or your life" way: I want to be living it not working for it, you know?
Sometimes I could kick myself for going to graduate school the way I did. If I hadn't, I would still have had school debt, but on a much smaller scale. I would also, however not have had the work opportunities that I've had with the extra degree. But maybe that would have made me get off my ass and get writing, something I tell myself I would like to do more of but rarely manage to do more of.
And I really like my job. I do. When I first started it, I wondered several times the first month if I hadn't actually hallucinated it: its that good. But (as my father always has said) there is still a reason they pay you to go there: right now that reason is that I can't see the outside world or any natural light at all from my desk: I'm pretty much in a packing crate. This is really sad given that I used to have a great view of the river.
So: how long am I here for anyway? Is this what I want to do with my life? What could be next?
Always the questions, huh?
I know I would like to try my hand at self-sufficiancy. Living off the land as much as possible. I've read a lot on the topic and it is exciting and also scary to me: mostly in that big-bad-world/woman-alone way. So (don't laugh please) I've been doing some weight training and taking a karate class. damned if I will be a girl in distress if I can help it. There is a school of traditional building an hour or so north of here that does timber framing workshops a couple of times a year(and once you take a class they'll let you host a workshop on your property--i.e. lend their help to put up your house, which is quite appealing), or there are always Yurts--which as they are lightweight might actually be a better option for a girl to think about putting up on her own. These are not exactly low-cost things though, The timber framing course is around $800 and a Yurt can run close to $10,000 (that was for a used one with some sort of deluxe snow package, which this year might have come in handy here). So I've got a little ways to go. But I do think (well, obviously) that that is the direction I'm headed in: I'd like to pay down as much of my school loan as possible and build myself a fat little efund and also buy a little piece of the planet to call my own and live as close to it as possible. At the rate I'm going, I think I'm looking at 5-8 years. Is 5-8 years in a packing crate worth it? Hard to say, and who knows, maybe I will have changed my mind by then anyway.
Tuesday, March 11, 2008
into the lab again once more
The weekend away was great! Raleigh was a very cool (fairly inexpensive) place to go for a weekend. There were even daffodils! It was still pretty much sweat-shirt weather, but I did wear my flip flops the whole time without ill effect.
It was really great to re-connect with my friend from gradschool too, and totally fascinating to me how different our lives and backgrounds are--this has always fascinated me about this particular friend, but I kind of forgot until we were talking and comparing our career paths and also to a certain extent our finances. I was bowled over by how different our paths have been.
Without giving too much away, let me explain: I had written something fairly long and detailed about our particular paths and current places, but it seemed to just come off as though I was bad-mouthing her decisions. I don't want to do that. Everyone makes their own choices and has to live with them, and I don't want to be the sort of person who casts aspersions and questions the abilities of others or even be a person who sounds like they are by comparing themselves to another. Suffice it to say, I had a really good time, but there were several times over the course of the weekend where my inner cheapskates' eyes popped at some of the things that we differ on budget-wise. I thought it was really interesting that people who are so similar in some ways can be so completely different in other ways. My major memories and experiences with this person are all attached to a time in our lives where we felt we were broke, at least temporarily, and though I have sort of stayed in that mind-set (or budget, I guess) she has moved beyond that and is finding herself frustrated by the limitations of her income.
But aren't we all frustrated by the limitations of our income? I know I am always hoping I can spend a little less and save a little more--even when I go and do things like take a weekend trip. And I did manage to keep my spending to cash and spend less than $100 over the course of the weekend on food and drink and a birthday present for my dad, so I am pretty happy about that!
It was really great to re-connect with my friend from gradschool too, and totally fascinating to me how different our lives and backgrounds are--this has always fascinated me about this particular friend, but I kind of forgot until we were talking and comparing our career paths and also to a certain extent our finances. I was bowled over by how different our paths have been.
Without giving too much away, let me explain: I had written something fairly long and detailed about our particular paths and current places, but it seemed to just come off as though I was bad-mouthing her decisions. I don't want to do that. Everyone makes their own choices and has to live with them, and I don't want to be the sort of person who casts aspersions and questions the abilities of others or even be a person who sounds like they are by comparing themselves to another. Suffice it to say, I had a really good time, but there were several times over the course of the weekend where my inner cheapskates' eyes popped at some of the things that we differ on budget-wise. I thought it was really interesting that people who are so similar in some ways can be so completely different in other ways. My major memories and experiences with this person are all attached to a time in our lives where we felt we were broke, at least temporarily, and though I have sort of stayed in that mind-set (or budget, I guess) she has moved beyond that and is finding herself frustrated by the limitations of her income.
But aren't we all frustrated by the limitations of our income? I know I am always hoping I can spend a little less and save a little more--even when I go and do things like take a weekend trip. And I did manage to keep my spending to cash and spend less than $100 over the course of the weekend on food and drink and a birthday present for my dad, so I am pretty happy about that!
Wednesday, February 27, 2008
edit to the last post
Well, this is a first.
I totally forgot about halfway through typing that last bit that I was going somewhere with that first paragraph that I never quite got to(You're not surprised, are you? Of course not. We're talking about the girl who licked a paper towel) . So anyway, where was I?
Okay: so the ranty mcranty rant that I went off on earlier: That whole entitlement thing really makes me queasy, but I totally do it too (doesn't everyone?) about stupid stuff like making my lunch every day for a week (I get to order Thai takeout!) and running over fifteen miles in a given week (automatic ice cream!) and sticking to my savings/ debt repayment goals (trips--next month NC here I come!).
And is there anything that makes you think you've "earned" something like being broke for a week? I wrote earlier about how I screwed up and double-withdrew from my checking account...so its taken until today for things to finally reverse and all to be good again in the Checking World, and so all week I've been making little lists in my head of what I was going to do/have/buy when I got that money back because I have been "broke" all week.
(on a side note: I dated a guy in college who once, between jobs, went (with me in tow) on a CD purchasing binge because, he said "nothing makes me want to buy things quite like being broke" he obviously had some problems with personal finance, but isn't it just the truth sometimes?)
So the money is back in my account, and I don't think I am going to do much of anything with it except put gas in my car and pay back my "utoh"fund for the gas bill. Which sort of makes it a savings extravaganza (sort of) ...kind of makes me want to go out and splurge on something.
Okay, now I think I'm done here.
I totally forgot about halfway through typing that last bit that I was going somewhere with that first paragraph that I never quite got to(You're not surprised, are you? Of course not. We're talking about the girl who licked a paper towel) . So anyway, where was I?
Okay: so the ranty mcranty rant that I went off on earlier: That whole entitlement thing really makes me queasy, but I totally do it too (doesn't everyone?) about stupid stuff like making my lunch every day for a week (I get to order Thai takeout!) and running over fifteen miles in a given week (automatic ice cream!) and sticking to my savings/ debt repayment goals (trips--next month NC here I come!).
And is there anything that makes you think you've "earned" something like being broke for a week? I wrote earlier about how I screwed up and double-withdrew from my checking account...so its taken until today for things to finally reverse and all to be good again in the Checking World, and so all week I've been making little lists in my head of what I was going to do/have/buy when I got that money back because I have been "broke" all week.
(on a side note: I dated a guy in college who once, between jobs, went (with me in tow) on a CD purchasing binge because, he said "nothing makes me want to buy things quite like being broke" he obviously had some problems with personal finance, but isn't it just the truth sometimes?)
So the money is back in my account, and I don't think I am going to do much of anything with it except put gas in my car and pay back my "utoh"fund for the gas bill. Which sort of makes it a savings extravaganza (sort of) ...kind of makes me want to go out and splurge on something.
Okay, now I think I'm done here.
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