@antoinette
active 6 years, 4 months agoForum Replies Created
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Thanks guys! I use excel sheets for my bill payment system but I’m going to try that out with tracking my random expenses. Thanks for the tips!
I like the strategy Carla has. If there is no expiration date I think it would be good to hold onto until the girls can make a decision especially if its an amount thats not too large and can wait a bit.
I like to make challenges for myself. I love doing the 52 week money challenge because its not only something to look forward to but it acts as a guide too.
Thanks for your input guys. I agree with you Kelby. It just truly didn’t feel right to me and would have taken me over my budget.
I believe in doing both at the same time. Paying into your retirement can be as little as a few dollars per pay and if you are getting a match it doesn’t make sense to stop your retirement efforts just to put a few extra dollars towards your debt. That money will be much more worth it with matching and compounding interest.
I would say find a good balance. Life happens and while we all plan to retire by a certain age most people go out on retirement much sooner than expected due to illness and other circumstances we didn’t plan on. A few dollars today can be thousands later.
I think if you can take that option and the payment is significantly less than the payments your making monthly on your consumer debt it would be a good option. I would even look and see if there are any tax benefits to rolling in any of the debts to the mortgage as well.
The down side is that you may be paying more in interest since you’ll most likely carry the mortgage out much longer than the consumer debt. I would definitely sit down with a counselor or coach to map it all out and do a projection of what your expenses would be and how much money you may save.
I love that this plan has real examples of the things you may want to do during your retirement. It’s not just making sure the bills are paid but to actually live comfortably. Thanks for sharing!
The sales definitely have a catch and are really there so you can spend more than you intended. I will only shop a sale if I can double up on the coupons or incentives. For example, sweaters were 1/2 off and I had “store cash.” So, I got the discount plus the $15 in store cash and got the sweater for $19 opposed to the original price of $70 bucks. Its a game but better than getting tricked by the coupon system lol
Thanks everyone! I just wonder if I ever really do find the really good interest rate would it be reasonable to pick up and move everything lol Seems like something I may not even have to worry about for a while.
I’m doing this with my brothers and we will be splitting the cost of the gifts we get our parents this year. I think it is totally acceptable because it shouldn’t be about gift giving anyway. If they are super into giving gifts then I would just ask that they give to the baby if they really feel the need to give something.
I’m sure you won’t even feel the slightest bit bad once you see that little bundle of joy and know your new goals are for the baby! Congrats 🙂
I let my pet insurance go. I got it when she was a baby just to cover the big expenses like getting her fixed and those puppy emergencies throughout the first year. Afterwards it just wasn’t worth it. I think just put that insurance money in a little account for your pup.
My inbox on black friday was the worst! I still like to be updated on good sales and coupons so what I’ve done is continued to use my old college email address and I have all promotional emails sent there. This way I can still view the deals but when I want to and also help out the cashier who may be trying to hit an email goal. It keeps me sane lol
