I live, write, and garden in the PNW with my husband of 27 years, disabled daughter, college-aged son, and my 84-year-old mother. We have paid off $250,000.00 worth of debt (if you include the interest) in the last fifteen years and as of 6/12/2020 are 100% DEBT FREE!!!!I finally made it to town and deposited money to savings and today was also the auto deposit so:
$10.00 auto deposit
$10.00 cash
$ 2.50 rolled coin
$ 5.00 surveyspot check
$36.50 refund for x-ray
Total depsoit: $64.00
New balance in savings: $1299.01
I have blown past my goal of saving $250 by the end of November by $49.01 already. I wonder if its possible for me to double my goal and save a total of $500 by the end of November instead? I'd have to come up with $200.99. I'll have $105 more just through normal savings next month. No wait, there are 5 Thursdays next month so that's five auto deposits, which is $50 plus the $65 we used to pay for cable, which is $115, so I'd only have to scrape up $85.99.
Of course, this is beyond the $1000 I will save next month because DH is working an extra week. I'm still waiting on a check from ACOP for $15 and I think I've got another one coming from another survey company, still. Hmm. I can definitely count on the ACOP, it should show up any day now, so that's just $70.99 to come up with. That is totally doable.
So come the end of November I should have a total $2500 in savings! Woohoo! With our tax refund and DH's bonus plus what I am regularly able to save $7800 by the end of April. With our trade-in we should easily be able to purchase a good used car with that. Especially if the one we want is still sitting on the lot by then. It'll have been there for at least 8 months at that point. I'm sure they'll want to move it.
Although, if we can save that much in one year, maybe we ought to try to hold out another year and double that amount and get a two year old car instead of a five year old one. I don't know. Still, the older car would mean I could start putting my savings skills to work again sooner and start paying down debt with a vengeance. I'll have to really think about that. Our car is 14 years old and still runs okay most of the time. The SUV is 10 years old and would be the trade-in for obvious gas guzzling reasons.
Too much to decide on today, but for now I think I'll stick with the first goal of buying a five year old car and we can decide for sure in April when we have the money in the bank.
Money Deposited
October 26th, 2006 at 07:25 pm
October 26th, 2006 at 07:43 pm 1161891782
October 26th, 2006 at 09:18 pm 1161897531
I suppose we could try to have BIL sell it first and if it doesn't move, then use it as a trade-in. BIL did sell his last December for $4000 and it was the same SUV only a year older than ours and not a luxury edition.
October 26th, 2006 at 10:47 pm 1161902844
oh yeah, go that route. i just traded in my 96 2 door 5 speed pontiac (aka good gas mileage) and got a grand =/ if he could sell if for 4k, he gets 400 and you get 3600, probably a lot more than you would in trade...
actually, have you looked at the kelly blue book value online? it'll give you a ball-park of what to expect if you sell yourself or if you trade it in.
October 26th, 2006 at 11:43 pm 1161906185
October 27th, 2006 at 02:40 pm 1161960040
You continue to be surprised when you surpass your goals...... Raise the bar! Aim higher......... Whatever you can imagine, you can acheive. Just think of the great lessons you are teaching your kids through this!!! They will learn how capable they are ........through you!