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Archive for July, 2010

Not Enough....

July 31st, 2010 at 05:08 pm

I budgeted $50 this week for spending money. It turns out that that is not enough for a week...heck, even for the weekend. By the time I purchased cat food, dog food, milk and other necessities(I got a receipt for each purchase but still can't believe how it all added up so quickly) the money is gone! I guess that $50 is not a realistic number. Perhaps I need to budget for household expenses and spending money seperately. Not sure how to do that since I am so strapped anyway. I did submit the advanced earned income credit form to the payroll department so hopefully that should add some money to my check. How much remains to be seen.

I faxed in the automatic debit form to Sallie Mae yesterday. Hopefully they will process it shortly. It will bring my account current and stop all collection activities. As long as I make a couple of payments than I can cancel it. I will hopefully be back in school by then and the loans will go into forebearance. Since I don't know when the first payment will be deducted, I asked my mom for the $240 to cover it. She said that was fine.

We did a fundraiser this morning for cheerleading. We "stood on the corner and begged for money". Were were there about 3 hours and made $262 or $52 per cheerleader. Not bad. Could have stayed longer but it was so dang hot! Next time we will plan it for the fall when we can stay longer. With this money though and the money from my sisters, the amount due on August 15 is covered.

Payday!!!

July 30th, 2010 at 07:50 am

Today is payday! I barely made it! I already have the checks to my parents made out and have already transferred the money back to my son. The property tax payment is set up for Tuesday, when I receive my child support payment. My budget is looking pretty good for the next few weeks. Of course nothing is set in stone. The only shortages I have is the Sallie Mae payments. I have to find a way to work that into my budget. I might have to hold off on the property tax payments for a month or so.

We are doing a collection drive fundraiser tomorrow for cheer. It is going to be HOT! I get ill when I get hot so the other parents should be nice to me! LOL!!

Student Loans

July 29th, 2010 at 08:24 am

A long time ago, in far far away...oh wait, that is a different story that involves an orge and ends with happily ever after.

My story is quite different. When I became pregnant with my son many years ago, I needed to be enrolled in school to still be covered on my parents insurance. I went to a school that preys on the financially uneducated, as I was. They not only charged a HUGE amount of money to come out with a certificate, not even a degree, but they also talked me into taking out plus loans. So I owe over $30k in student loans.

Fast forward to today...Although I have been living in a budget and getting stuff paid on time, I have not been able to work my student loans into my payment plan. I received a call yesterday that they could go into default anyday. This is bad. Real Bad. That means that they will keep any tax refund that I get for many years to come. I had sent in a form for income based repayment, but I was told last night that I am too far behind for that to be processed. I plan on going back to school, hopefully in August(which is another long story!) so the loans will be brought current and go into forebearance. But this might not be soon enough. I called today to request an auto debit enrollment form. This will bring the account current. I just have to figure out how to work it into my shoestring budget for the next couple of months.

I couldn't do it...& questions for rental owners

July 27th, 2010 at 11:44 am

I just couldn't take Ginger to be put to sleep. I kept looking at her last night and thinking how sad it would be. I just couldn't do it. XH is now trying to see if he can come up with the money to take her to vet and then he will take her. She did much better at that house...I think she might be allergic to the type of grass as well as fleas. I am concerned because I know he doesn't have any more money than I do(probably less actually). He is renting my old house from me so I am concerned it will affect the rent payment, which I can't afford.

I have a question about having a rental home though...those of you with rentals, can you help me out? Do I need a seperate checking account for the rental properties? I am not making any income on it over the mortgage and homeowners insurance. What kind of records do I need to be keeping? I have never had a rental so I am not sure. It seems to me that my parents had a seperate checking account for their rentals. Also, how is this going to affect my taxes. Will I have to show the rent as income? What about the expenses? Will I be able to deduct them?

A decision made

July 26th, 2010 at 10:51 am

I have made a decision. I am going to have our small dog put to sleep. This has not been an easy decision. She is miserable though. She can't stop itching. She has rubbed the hair competely off her tail and rear end. I don't have the money to take her to the vet once a month for the shot that clears it up. I will probably be very emotional tomorrow, when I take her. She is 11 years old and all of it has been with us. I don't know if what I am doing is the right thing, but it is the right thing for us financially. I can't continue to let her suffer and I can't afford to get her what she needs. We don't have any no kill shelters around here. It'll cost me $25 to have her put down.

Please no negative posts...I already feel like a completely irresponsible pet owner.

Quiet Day

July 25th, 2010 at 06:06 pm

I have had a very quiet day today. Went and visited my parents for a while. Actually cooked dinner. Spaghetti and garlic bread. Nothing fancy. Had to buy catfood and dr pepper this evening. Didn't get anything done in my room. Really need to get motivated to do some work in there. Still have boxes in there that I haven't unpacked. I have $38 dollars left for gas this week. I think I may barely squeak by.

Bought Some Shirts

July 24th, 2010 at 05:07 pm

When I went to Calhoun to get my daughter, I went in Goody's to kill some time. I found two shirts on clearance for 9.99 each. I didn't need to spend the money, but I really need new shirts for work. Since I have gained so much weight, hardly any of my shirts fit anymore. I am surprised they haven't said something at work about the shirts I have been wearing. I also found some earrings on clearance for $3 each. I got two pair. I took some money from my savings account to pay for them. I have already arranged a transfer for Friday to pay myself back. Just one more reason why I need to lose some weight. Okay alot of weight.

IT'S FRIDAY!!!!

July 23rd, 2010 at 08:45 am

I am so glad! Don't think I could come in here another day this week!

I stopped at the bank this morning to get my cash for the next week. I don't think I am going to have enough gas money, with the extra driving I am going to have to do. I will fill up in Calhoun again tonight, since the gas there is 15 cents cheaper per gallon. I had $27 extra last week, but I didn't do as much driving and I started with more in the gas fund. HOpefully there will be enough to get me through until next Friday.

I also am not sure about the spending money. I only $25 to get me through until friday. I know we need milk, but I don't know of anything else we will need. But things always pop up. So wish me luck.

Day 2 of no BK!! and a question

July 22nd, 2010 at 07:25 am

I think that I may have broken the addiction because it hasn't even been hard the last two days to not stop to get cini-mini's.

I filled up the gas tank yesterday for $35. I still have $27 left in my gas allowance for the week. This will go toward spending money for next week, as I am short. Ideally, I would put the money into savings but I am not to that point yet. I need every penny to make my budget work.

Question: Once I pay off the property taxes, do I continue to pay off credit cards or should I build my emergency fund instead? I have been thinking about this alot lately. Not sure what the smartest thing to do is. What do you think?

Debt Repayment

July 21st, 2010 at 12:24 pm

I just figured up for the month of July how much I am putting toward debt repayment. $451.49!! That is amazing! I knew I was making $100 extra from each paycheck but I had no idea the total would be so high!No wonder I am broke!!!

Today is a better day...

July 21st, 2010 at 07:33 am

I am feeling somewhat better about myself today. I didn't stop for breakfast and it really wasn't even a battle not to. It is like I was on autopilot to the office. I did stop and get a drink though.

I think I have lost some weight. I have this one pair of jeans that when I wash them I have to lay down on the bed to get them fastened, but then they fit okay(not tight because of the stretchy waist band). But this morning, I pulled them out of the clean clothes basket and put them on and I didn't have to lay down! They fastened right up. I am hoping that means I have lost some weight. I will weight myself tonight to see.

I had to borrow money from my gas money to get cat food and litter last night. But my XH gave me the remaining $50 toward his rent so I was able to deposit $30 and put the $20 back into the gas envelope. It is Wednesday and I have 1/2 tank and $62 left in my gas fund. I will probably have some left over. I don't get any more spending money until Friday though. That will be rough.

My son said he would go see dispicable me with me. So we will go see that one night this weekend. My son is almost 18 and never does anything with me! So I am excited about going to the movies with him.

Self Hating Day

July 20th, 2010 at 09:08 am

I am in a delf hating mood today. I stopped and got breakfast, even though I have bagels and cream cheese here. How sad is it that the lady at Burger King noticed that I had my hair cut?? That should be a clue that I go there too often!! I don't get to transfer any money since I stopped for breakfast. *sigh* Now I am felling sick.

Today is my "late day" at work. I come in later and work later. Good thing. The kids had eye appointments this morning. I had to stop to get my hair fixed(was uneven) and I had to pick up DS computer from the repair shop. I forgot to go to the bank to close the joint checking account.Will have to do that on my lunch sometime. Might have to take my lunch time today and go pick up DS and DD and bring them to Ellijay, DS for school and DD for cheer. It depends on whether my parents get back from Atlanta in time to bring them or not. I won't know until later.

I managed to use all of my spending money last night. I scoured the Kroger in Calhoun for Krispy Kreme donuts and then bought a dozen. Ate a few and then felt guily for eating them and gave them away. Really wish I could get this eating under control. I used to be very critical of people who said they couldn't control something they did...you are supposed to just suck it up and do it/change it...know I seem to understand them a whole lot better.

I filled up my gas tank in Calhoun...gas there is 15 cents cheaper than here. So I should be set on that for a couple of days. I still have $87 in my gas budget for the week. Doubt I will use that much before Friday. Might have to fill up one more time.

Oh yeah...I almost forgot. I made the final payment on the chadwicks card today. It is now paid in full!! At least there is something good today.

Is it Monday already????

July 19th, 2010 at 07:24 am

Can't believe it is Monday already. The weekend always goes so fast! I was lazy most of the weekend. Didn't get much done at all. But that is okay. I did make dinner last night, so at least something was accomplished.

I came into work this morning, bright and early and realized that I forgot to prepare a folder for my boss's meeting today. He was already here gathering things to take with him. It sucks because my job already is kind of on the borderline. I have been making too many mistakes lately. I really need to get my head back into the game! I am allowing my personal finances to consume me and it is affecting my work output.

I only smoked one cigarette over the weekend. I am trying to only smoke while I am at work. Should be a fairly simple task for me. Then I hope to quit altogether.

Financially, nothing really new to report. I stopped and got my soda this morning. I also broke down and got one order of Cini-mini's. That is better than the two I usually get. But tomorrow I will be back on the bagel with cream cheese.

Quiet Weekend and NSD

July 18th, 2010 at 05:26 pm

The weekend has been really quite. Not much going on. I went to the grocery store yesterday to pick up a few things. Only spent $30. That is good for me. And it was all stuff that we needed.

Today is a NSD. My daughter tried to get me to buy her some ice cream, but I refused. I have already overspent for the week and don't want to spend anymore.

I actually cooked dinner tonight. I don't get to do that many nights. And I did my laundry today. Ready to start the week.

Hair Cut and other misc expenses

July 17th, 2010 at 09:51 am

Okay, so I budget $75 per week for spending money. This week I have gone over already. My best friend asked us to go see Twilight with her, her treat. But unfortunately, we got there too late for the 7 movie and had to wait until the 9:45 movie. Since there is an adult version of Chuckie Cheese attached to the mvoice theater, we killed two hours there. My friend paid for the time spent there. The only expenses I had was for dinner and one movie ticket(for my daughters friend). I had $$65 when I started and now I have $25. I am not sure where it all went. I don't know about this cash thing. Seems I spend money even faster.

I got a haircut today and DD and I had our lips waxed. Total Spent $50. Seems like alot, but considering I only get a haircut like every 3-4 months, it isn't that bad. Just seems to come at the wrong time! So right not I am $30 over on my spending money. I haven't touched the spending money for next week yet. Since I get paid every other Friday, I have broken the spending money and gas money down to how much per week. Hopefully XH will have the remaining $50 he owes me soon. That would sure come in handy right now! We were going to see Dispciable Me today, but since I spent so much last night, I don't have the money to do it. I am still in shock about how much I spent when I didn't have to pay for anything but one ticket. I must learn to do better.