Financial progress
Mar. 2nd, 2024 13:09![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
bill_schubertI've not been using Tiller for two months so I'm starting to get some insights.
The up side is we made a little over $1100 more than we spent this month. With Dana's social security adding to the pile that's about what it should be.
The down side is we are in the red after two months by about $2200. But we had a $3k tax bill (poor planning by me), a $4k car bill (poor planning by my car) and a $850 plumbing bill (poor engineering on our sprinkler system.
I cancelled a trip with my son that we were going to make to see the Cincinnati Open in August. It did not feel right financially even though we could probably have gotten away with it. I did start a separate savings account, a Birthday Savings account, to add $75/month and build up for next year. Pretty sure I disappointed him but I feel a lot better about things.
Our house price has settled down some. It had been up to nearly $500k but is now down to $390k and is pretty stable there. We owe about $272 so we have $119k investment there. We could live well on the streets. Our mortgage with insurance and taxes is much less than a two bedroom apartment in a 55+ center in our area. And a lot nicer. I took advantage of the low, low interest rates to refinance twice after we originally bought the house and it is a really good deal for us. So we're building up our long term investment in this.
If we can stop the damn surprises for a few months we'll have a lot more padding in our savings account.
The up side is we made a little over $1100 more than we spent this month. With Dana's social security adding to the pile that's about what it should be.
The down side is we are in the red after two months by about $2200. But we had a $3k tax bill (poor planning by me), a $4k car bill (poor planning by my car) and a $850 plumbing bill (poor engineering on our sprinkler system.
I cancelled a trip with my son that we were going to make to see the Cincinnati Open in August. It did not feel right financially even though we could probably have gotten away with it. I did start a separate savings account, a Birthday Savings account, to add $75/month and build up for next year. Pretty sure I disappointed him but I feel a lot better about things.
Our house price has settled down some. It had been up to nearly $500k but is now down to $390k and is pretty stable there. We owe about $272 so we have $119k investment there. We could live well on the streets. Our mortgage with insurance and taxes is much less than a two bedroom apartment in a 55+ center in our area. And a lot nicer. I took advantage of the low, low interest rates to refinance twice after we originally bought the house and it is a really good deal for us. So we're building up our long term investment in this.
If we can stop the damn surprises for a few months we'll have a lot more padding in our savings account.
no subject
Date: 2024-03-02 19:50 (UTC)