Dumping Debt and Building Wealth with Dave Ramsey~ April - Page 8

[Surfacing]

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[TanyaS]

Originally Posted by JackieR

...please contact me by P.M. I have an idea I'd like to share that isn't board appropriate.

The money I've saved from what Jackie mentioned plus the garage sale proceeds pays off one more credit card! I'm just waiting for the money to be available in my checking account and then I'm going to pay it off!

April will see some progress on our snowball. Dh got a pay raise effective this paycheck. The union ratified a contract that included a bonus and some back pay that will be paid in phases later this month. May 2 will bring the economic stimulus check, then starting in June no tuition for our son's school.

[FeelingBlessed]

Snowball Progress

Since we will be hanging out at various phases of our snowball for awhile, thought posting progress might keep me motivated...

Since the official launch of our snowball on 2/15/08:

Snowball - Phase 1 (short-term): $2,854.78 PAID OFF

Snowball - Phase 2 (long-term - mortgages for 3 properties + grad school loan): $1,125.61 PAID OFF

TOTAL PAID OFF: $3,980.39

Calculating the debt paid off as a percentage of our total debt is a tad depressing right now; whwn we sell one of the houses the percentage will be much more cheerful!

Kim

[BunnySlippers]

I was doing pretty good at sticking to my budget, groceries went a little over, but not bad considering the rise in price. but then I went and broke the cover on one of my taillights when I was trying to heave-ho some stuff to my roof rack :
hopefully that is not an expensive part, for now though, I am pretending not to notice

[Mama Rana]

Originally Posted by BunnySlippers

I was doing pretty good at sticking to my budget, groceries went a little over, but not bad considering the rise in price. but then I went and broke the cover on one of my taillights when I was trying to heave-ho some stuff to my roof rack :
hopefully that is not an expensive part, for now though, I am pretending not to notice

Ugh, I hope not too. Mine is cracked as well from a fender-bender last May, and I'm told that I need to buy a whole tail-light assembly. So frustrating. So needless to say, it's not done yet. But luckily for me, it's literally JUST a clear cover to make the whole thing "seamless" not one of the colored parts.

Originally Posted by JackieR

...please contact me by P.M. I have an idea I'd like to share that isn't board appropriate.

Jackie

PS - This weekend I netted $169 from my garage sale! TanyaS rocked it too with a net of $191, if I remember correctly. We wheeled and dealed like the best of them!

Is this idea at all useful for those of us on to funding our full EF?
My garage sell is next weekend. I still need to finish pricing everything! and organizing it! So much to do this week! But this weekend was DS's b-day party, so I was busy with that.

Oh, and my DH's raise went into effect this past Friday, so we're netting almost $300 more a month. Whoot! That needs to go towards car-replacement fund and emergency fund. DH's car is not liking spending the night out of the garage (while we gather all the stuff for the garage sale).

[phathui5]

Originally Posted by mtm

Well, I had to buy a new washer today. Luckily we have enough that we can pay for it but damn it would have been nice to keep that money for the snowball. We tried the repair route and the guy said washers just don't last much longer than the 8 years we've had it anymore. He did give us lots of good help picking out our new machine so that was good. Now I'm looking at my dishwasher and fridge suspiciously as they are the same age.

Is it too late to return it? I replace our appliances for free for super cheap with freecycle and craigslist. This is my plan until we're done BS3.

[pranamama]

I had to buy a whole new assembly for my tail light. It actuall was filling up with rainwater somehow through the hole. They make patching tape though.

[Purple*Lotus]

I have an issue where, if it rains a lot, my front light wont work. DH has to replace the bulb a couple of times a year.

[TanyaS]

Originally Posted by Mama Rana

Is this idea at all useful for those of us on to funding our full EF?

Yes.

Originally Posted by ~*Jaime

I have an issue where, if it rains a lot, my front light wont work. DH has to replace the bulb a couple of times a year.

I had an issue like that with a turn signal. The seals around the lights were bad and letting water in that shorted out the light.

[JackieR]

Is this idea at all useful for those of us on to funding our full EF?

YES! It's a good idea for anyone, really, but especially appropriate to us DRers.

Jackie

[JackieR]

A couple of you have tried to PM me, but when I try to reply, it tells me "This forum requires that you wait 30 seconds between sending private messages. Please try again in 22468 seconds." That's um, like, four hours. Sooo, is it legal to give you my direct email address through the list here? Anyone know the rules?

[p1gg1e]

Can I join?

I haven't read the book but like what I see as far as the process.

Last night sat down looked at our bills and where the money was going...it was food! I was spending WAY more then I thought

So far this is what I have written down( copied this list from another member here...hope thats ok):

FOOD: 03/08 (860.01)
Groceries: 597.01
Dining Out: 263.09

FOOD: 04/08 (616.58) so far...
Groceries: 530.50
Dining Out: 86.08

TRANSPORTATION:
Car payment: 228.18
Gas: 150.52 ( i'm ok with this so far)

SO needless to say we are working on packing lunches and upping the food bill so we can lower it over all..so far the "budget" for that was $400 a month...so I'm going to up it to $600 a month ( and set a fun food budget) and see if we can lower it from there.

We are gluten and dairy free so we are eating allot of expensive food :

After we get food under control we are going to work on paying off the CC...

[Mama Rana]

Originally Posted by JackieR

YES! It's a good idea for anyone, really, but especially appropriate to us DRers.

Jackie

OK, PM'd ya, and cleaned out my inbox!

I went grocery shopping today, and spent less than $100 for the week, adn I should feel happy about that, but I know I just spent close to $100 on Friday for food for my extended family for the weekend, plus special extras for DS's b-day party. Oh well. Next week I need to plan around the frozen chicken I have in teh freezer as well as teh salmon burgers.... just get some sides to go with those 2 things and stretch them for 3-4 meals.

[TanyaS]

Originally Posted by JackieR

Sooo, is it legal to give you my direct email address through the list here? Anyone know the rules?

You can post it. You just might want to come back after a couple days to delete it since it could be a security issue.

[llamalluv]

Halfway through the Month!

Happy Tax Day!

BS1 500/1000


BS2:
April 1st debt numbers:
Mastercard 1 $1699.36
Mastercard 2...4999.99 ***
Student Ln 1...3219.49
Student Ln 2...6919.87
Auto Loan.....11495.29
----------------------
Balance.......$28334.00


Written Budget: Budgeted/Paid
Rent........$1025.00
Electric.........24.68/$24.68
Natural Gas.....0.00
Cell Phone.....75.74*/13.69
Internet........45.22/$45.22
Cable............41.74*/$41.74 (last month of cable! We canceled this 04/01! )
Auto Ins.......142.82
Charitable.....170.00* / $110 spent
Weight Watch..79.90*/79.90
Car Payment..385.00/$385.00
Mastercard 1...40.00/$1200.00
Mastercard 2...80.00
Student Ln 1...50.00/$50.00
Student Ln 2...50.00/$50.00
Groceries......120.00 / $142.76
Dining/Ent......75.00 / $53.52
Gasoline.........40.00/$37.00
Medical..........00.00/416.00
Misc.............00.00/74.24
Savings........200.00/$100.00
Snowball.....1200.00*
================
Total.........$2645.10/2823.75

Income: $2800-ish + $1326.91!!!/$2776.85

BS2:
April 15th debt numbers:
Mastercard 1 $499.82 :
Mastercard 2...4999.99 ***
Student Ln 1...3112.93
Student Ln 2...6855.87
Auto Loan.....11115.29
----------------------
Balance.......$26583.90*


*Edited since March 31st.


***This is the card that I ran up mostly at Starbucks when I was single, lonely, and STUPID. Only 1265 grande lattes to pay off.

[llamalluv]

Originally Posted by JackieR

A couple of you have tried to PM me, but when I try to reply, it tells me "This forum requires that you wait 30 seconds between sending private messages. Please try again in 22468 seconds." That's um, like, four hours. Sooo, is it legal to give you my direct email address through the list here? Anyone know the rules?

So....in what way is the idea against board rules?

It's not prostitution, is it?

[phathui5]

Happy Tax Day! (We did ours' back in February)

Waiting to see my Debt Reduction Package (Economic Stimulus) come it...

[RoadWorkAhead]

Originally Posted by phathui5

Happy Tax Day! (We did ours' back in February)

Waiting to see my Debt Reduction Package (Economic Stimulus) come it...

I'm calling it my Savings Increase Package

Can I just say how expensive this month has been on somethings? WE've had the whole car vs. bambi issue, and we decided since they are paying to replace the seats, we'll chip in the extra to upgrade. IN total, we're up to about 500$ But we'[ve been good and not spent a lot of other catergories in the budget so we should still be able to put at least 2k to the EF this month

[phathui5]

I managed to spend $50 on groceries this week!

[lauriem33]

Originally Posted by llamalluv

So....in what way is the idea against board rules?

It's not prostitution, is it?

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