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Archive for September, 2016

Auto Insurance Blues & Homeowner insurance question

September 22nd, 2016 at 07:32 pm

My auto insurance renewed this month and it went up. I decided to look around and made a startling discovery. I am ineligible for insurance at most agencies. I was in shock. I couldn't figure out why. So I pulled a report that the insurance companies use to determine you insurance score. Apparently I am a below average risk. What makes me a below average risk you ask? Well I have opened too many accounts in the last 24 months. Industry research shows that people that use their credit are more likely to file claims. What else? I have retail store cards...and, you guessed it, industry research shows that people with retail store cards are more likely to file claims. So although I am not using my cards anymore they are still biting me in the butt. I guess I will have to stay where I am. It didn't go up much so that is good.

I got a quote from my current carrier for homeowners to combine everything. It is double what we are currently paying for homeowners insurance. He said that the only thing he could think of is that the policy we have now will only pay depreciated value and the policy he quoted me pays replacement value. Have any of you heard anything like this? I have never had homeowners insurance so I don't know if that is legit or not. And if it is legit, which is the better policy to have?

Job Update: Feeling Better

September 12th, 2016 at 02:43 pm

My boss came and talked to us this morning and I feel alot better about things now. He said that he doesn't feel like, if the sale goes through, that we would lose our jobs because he still needs assistants and such locally to help him. He also said that if the sale does go through, he is going to cut each of us a check for 10k and then in 3 months cut us each another check for 10k. And that isn't to help us transition to a new job, but just for our loyalty and help in growing the company. My mind is already racing about what I could do with that money. Do I put is in savings? Pay on my student loans? Pay DD's student loans and then pay for college? Put is a 401k? Pay on my HELOC loan? Pay of DD's car? The possibilities are endless. I haven't even gotten it yet and my mind is racing. It is so different from just a few years ago when I would have needed that money just to survive and get caught up on living expenses. I am proud of how far I have come. I still have a ways to go, but I know I will get there.

Job Security and other Doings

September 7th, 2016 at 10:47 pm

DD had to get a hotspot last year for her college dorm. It doesn't work at her new dorm. So I canceled it and will save $50 a month on it. We then just activated the hotspot on her phone and upped the data limit, so the actual savings each month will be $35. I'll take it.

I gave my notice at my second job. I just can't do it anymore. My main job is picking up and isn't in danger anymore, so I thought. My boss sat us down on Thursday of last week and said that there is a company interested in buying our company. They are based in PA. They want to hire the owner of my company as a consultant. What was missing in my boss's talk is that our jobs are safe. He didn't say if they were or weren't safe. So who knows. Back to 2nd job...shortly after I gave my notice(like the next day) it was announced that they are doing away with my office/position. They are going completely computerized. They will have one full time employee and that is it. So even if I hadn't given notice, the job would have ended.

Not knowing that my job was in danger, I just spent sort of unnecessary money redoing my basement. I mean I had a mold issue down there that is gone now. But it could have waited. Thanks Boss Man! He has known about this for about 1.5 months and hadn't said anything. Bitter? Me? Not at all!

So That is what is going on in my life. I will just take things one day at a time. At the end of this month, I will have $150 in credit card payments and $400 in HELOC payments. I can manage that even on unemployment. Plus I will be saving gas money and other work related expenses. I also have a few expenses that I can cut. So I think I will be okay if the worst happens. It will be weird though, I have never not had a job, since I was 12 years old.