Showing posts with label 2013. Show all posts
Showing posts with label 2013. Show all posts

Thursday, January 3, 2013

No Spend Month

We have entered our 3rd no spend month!  YEAH!

Hubs and I have restricted our spending to no more than $250 for the month, which is only about 25% of our variable spending during any other month.

It will be a challenge, but let's see how we do!

Here is an update on the last couple of days, I will try my best to update daily...but, things do get a little crazy around here. :)

1/1 - $0
1/2 - $15 (ice cream sundae toppings, ice cream, cheeries, milk)
1/3 - $28 (christmas presents, bread, bacon, soda)

So far, our total is $43/$250.  That number is higher than I would like, but....hopefully we will have no need to run to the grocery store for a while!

Although, I just remembered we are out of potatoes....oh well, meals will get creative this week! :)

Was the $43 ONLY for necessities, umm....no!  But, I justify the expenses.  The $15 was spent on an ice cream "date" with some good friends of ours (I fed 10 people ice cream sundaes for $15!).

Secondly, in order to comply with my goal for 2013, I have begun Christmas shopping with rewards/giftcards....all of which I got for free!  I have purchased 4 gifts, so far, and I have only spent $0.40 on gifts.  AWESOME! Oh, and I still have $29 in rewards/giftcards to spend on future gifts!  I will be shopping!!!  :)

And, the bacon is for my favorite Daddy!  He loves bacon wrapped little smokies, and I am making him some for our Christmas get together this Saturday!

Are you doing a no spend month?  Will you join me?  It's not too late!

Monday, December 31, 2012

2013 Goals

2012 has been a great year for us. We have been blessed beyond our wildest dreams, and are anxious to see what 2013 holds. :)

As the new year begins, most people make resolutions or goals in order to make the most of the upcoming year; I am no different.

One thing I can promise you won't be on my goal list is, wait anxiously for the arrival of little Kimye. Seriously...over it. And it was only announced a few days ago.

Anyway....

My goals are:

1) Spend quality time, individually, with each of my children. Take them on "dates", and make memories. :)
2) Go on more dates with my hubby. I seriously think we only went out twice in 2012. Sad. :(
3) Accomplish 2 no spend months. We have one planned for January, and the next will probably be in July.
4) Stick to our 2013 budget, even more closely than I have in previous years.
5) Purchase at least 50% of our Christmas gifts using Amazon gift cards acquired from Swagbucks (click the icon to the right for more info and to sign up!).
6) Spend money on no more than 100 days for the entire year. Fixed expenses not included.
7) Continue to support my husband to achieve any and all goals he has personally, financially, and career-wise.
8) Keep my blog up to date, and help like-minded people by sharing some tricks I have learned over the years (primarily financially speaking).
9) Try not to cry on Jack and Ady's first day of school in the fall.
10) Take more pictures, and keep images organized on our computer.

Well, those are my goals for 2013. What are yours? Do you have financial goals? Is there anything I can do to help you achieve them?

Happy New Year and many blessings to you and your family!

Friday, December 28, 2012

Plan for Future Repairs

So....today we had a homeowner fatality.  Our water heater is no longer working (I am dying for a hot shower).

We quickly called a local plumber, and he was down to our house in 10 minutes (can't bet small town service!).  Thankfully, most of the cost for replacing the water heater will be covered under the warrantee (we just have to pay for labor).

But, this "loss" reminded me of a spread sheet I created (I actually made it even before we purchased a house!).  This spread sheet lists the average life expectancy of different appliances/structural items within your house (follow the link for an even more detailed list of appliance/home life expectancies), as well as the average cost to replace.  Then, I broke the cost down into a yearly total, and finally a monthly total.



Most people don't even think about future costs/repairs...but, you have to be prepared so you do not find yourself turning to a credit card (or worse yet a pay day advance!).

Take the above spread sheet and incorporate this into your budget for 2013.  Using the averages (the life expectancy/replacement cost is all based on the average life/cost, your actual cost may be less or more) to help you prepare for the unexpected.

Oh, and don't worry.  You don't need to back date for "older appliances".  The likely hood of you having to replace all these items according to the life expectancy is rare.  Just start saving the monthly total, and you should be pretty well set for when items need to be replaced.

Also, you can easily customize this spread sheet to fit your specific needs.  For example, if you have your eye on a particular dishwasher....replace the average price with the cost of your "wish list" item.  The total will adjust accordingly, so you will have a better grasp on what you will really be spending when it comes time to replace your appliances.

E-mail me at jennifer.overy@gmail.com if you would like me to send you the spread sheet.  :)

Added tip! Check Craigslist or similar sites in your area to find slightly used appliances.  You will save a TON!!!!

Also, if you are not yet a home owner, please take these numbers into consideration. Your housing costs should not exceed 35% of your income. That's mortgage, insurance, property taxes, utilities, AND repairs.

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