Accountability 5-20-13

Community Leader
Registered: 08-25-2006
Accountability 5-20-13
8
Mon, 05-20-2013 - 5:05pm

I am having a bad day, but saw that a Monday thread had not been started yet.  

SO's rig broke down over the weekend and he doesn't know yet if it is even worth fixing.  Of course, I am driving the car that he purchased with his money.  Luckily, I kept the money when we sold the car that I had purchased with my money.  I was going to pay off the transmission loan, but decided to hold off to give us an emergency cush for our trip. 

Now we just have a big mess and I am depressed and angry.  

We are walking through all this and although it may seem off topic for this board, money is playing a large part in our struggles.  We might cancel our trip.  

That was my wonderful weekend.  

Serenity

Serenity
iVillage Member
Registered: 04-10-2003
Tue, 05-21-2013 - 8:13am

Hi Serenity,

I'm so sorry to hear about your troubles. I'm so glad you kept the extra money as a cushion so it gives you some wiggle room. I say be depressed and angry! It's okay. Sometimes I think we try and keep a positive attitude all the time when really, we just need to vent. Scream and shout and throw a pillow.  I completely understand how money can cause friction. I hope you find a way to go on the trip. I think you need it!

As for me, I did okay this weekend. It was a long weekend here in Canada and aside from a few groceries, I didn't spend much. I'm still waiting for my expense cheque to come in so I can pay off the CC from last weekend. I am unexepectedly flying out to BC on Thursday so that will mean another $150 expense cheque!

So, here is where I stand:


Car Loan as of 05/13/2013: $5,704.93

Car Loan as of 05/20/2013: $5,704.93

Difference: $0.00

Student Loan as of 05/13/2013: $18,235.85

Student Loan as of 05/20/2013: $18,115.85 (this is a guess from last time I checked because the stupid site is down!)

Difference: -120.00

HELOC as of 05/13/2013: $9,265.14

HELOC as of 05/20/2013: $9,265.14

Difference: $ 0.00

Total Sinking funds owing: $619.09

Total debt as of Jan 6, 2013: $38,592.31

Total debt as of May 13, 2013: $33,205.92

Total debt as of May 20, 2013: $33,085.92

Difference from last week: $120.00

Difference from start of year: $5,506.39

I think having my sinking funds "tied" to my LOC is helping. I was tempted to go shopping this weekend and spend some of my "me" funds but I couldn't stand the thought of having to INCREASE the LOC to do it! I also have a $120 expense coming up and I'm trying to figure out if I can save enough cash from my spending money or use my expense refund for it! This may save me money after all, lol.


Bex -

iVillage Member
Registered: 11-14-2008
Tue, 05-21-2013 - 11:03am
Oh Serenity, I am so sorry for that weekend. How stressful! You guys need to have patience with each other.You will work it out. I worked Saturday and all day Friday. I spent Sunday with Family and Monday too. I spent $57 something on flowers and plants for the garden. Not bad, I could have spent a pile more but had some restraint! Saturday night we had our beautiful Lobster dinner to celebrate being consumer debt free. It turned out well and was so so yummy. Very happy we did that. It was an important milestone. The roof loan went down last week. Very happy to see that going as well. It is mostly from regular payments with a little flake or two thrown in here and there if I can manage it. When all was said and done after taxes we paid off the truck and managed to throw some in the house fund. What a change in my spreadsheets and bank accounts. Blood sweat and tears I tell ya! But worth it! I am going thrift shop shopping today and you bet I will be humming that song. I can't even get it out of my head lol. I will see if they have any jeans for around the yard. I have lost 10lbs!! Still have more to go to get back to where I was before baby but I am getting there. So great to be able to get outside. Baby loves the stroller! Have a great week everyone!
iVillage Member
Registered: 10-09-1999
Tue, 05-21-2013 - 2:16pm

Oh, Serenity...sorry you guys are going through this right now.  I hope you still get to go on your trip.  Finances suck & can suck the happiness right out of a marriage.  That is why striving to get debt paid down & an EF in place is so important.  Hang on to each other thru this...you'll get through it & be closer for it!  Try to focus on the good things & move forward you can do it!! 

We had a good weekend, it was gloomy & rainy all weekend but I guess we need the moisture.  Worked on my house, did some cleaning & organizing & made some crockpot ready meals ahead & put them in the freezer so we can have some easy meals...I swear that having meals handled is half the battle for my brain...we have no eateries or grocery stores in the town we live in so we have to be prepared.  I have long days only 1/2 hr for lunch then I go to the gym Mon-Thurs after work so I don't usually get home til 7...that is too late to start planning a meal & cooking so crockpotting it is!  Our mortgage is going down down down, I will be so happy to have this gone!  I've started doing some reading & books on tape for the next phase of our savings/investments plan.  I'm enjoying learning about the subject & there is a wealth of information out there...not sure if we'll take the easy conservative way or really try to grow our wealth in the next 10 years...

Have a good & frugal week  - chin up Serenity I know you'll feel better with a little time

cindylee

 

iVillage Member
Registered: 04-08-2008
Tue, 05-21-2013 - 7:26pm

First of all...(hugs)...but I am not sure why this is a mess? It sounds ike your financial prudence has saved the day!

I suggest thetwo of you take turns giving each other back massages and THEN try to discuss again :-) 

DH and I have honestly done this and you be surprised how a relaxed conversation can change things.

Dee

iVillage Member
Registered: 04-08-2008
Tue, 05-21-2013 - 7:28pm

Hope the weather improves for you then. It was nasty today in BC. Cold too!

Dee

iVillage Member
Registered: 07-24-2001
Wed, 05-22-2013 - 2:16pm
Serenity, I'm so sorry you have to deal with this. I hope you guys can get through this without cancelling the vaca. Sometimes getting away does WONDERS for your mood and resets your motivation. If you do cancel, well . . . then you should pat yourself on the back for being able to make the hard choices that lead to bigger payoffs down the line. Chin up!! Bex - I could so see how the LOC thing would make you second guess using your sinking funds. Interesting. Karen - Congrats on the weight loss! Lobster sounds sossoosoosososo good to me. I have A LOT further to go before I earn myself lobster - lol! Cindylee - I really interested to hear what you are learning about your next financial phase. Perhaps you could share some interesting details. --- I actually had a pretty bad week myself. Car repairs . . . more car repairs . . . and even more. My car is sitting in the garage and won't be moving until H gets another part AND has time to fix it (he's on the road for the next few weeks). Normally I can borrow a car from my parents (who are retired) but BOTH of their cars are in the shop too. Ouch! And I totatly overspent on buying some clothing (nothing fancy) for myself. Last year I was sosososo concentrating on paying down debt, that I haven't purchased anything new in forever. Truthfully, I'm still a bit discouraged lately. I just have to keep reminding myself that we are making (slow) progress (put $235 toward the LOC this week), and that we aren't incurring more debt (which is a feat in itself).
iVillage Member
Registered: 07-24-2001
Wed, 05-22-2013 - 2:18pm

Arg!  Let me try posting again to see if I can fix the paragraph format!

Serenity, I'm so sorry you have to deal with this. I hope you guys can get through this without cancelling the vaca. Sometimes getting away does WONDERS for your mood and resets your motivation. If you do cancel, well . . . then you should pat yourself on the back for being able to make the hard choices that lead to bigger payoffs down the line. Chin up!!

Bex - I could so see how the LOC thing would make you second guess using your sinking funds. Interesting.

Karen - Congrats on the weight loss! Lobster sounds sossoosoosososo good to me. I have A LOT further to go before I earn myself lobster - lol!

Cindylee - I really interested to hear what you are learning about your next financial phase. Perhaps you could share some interesting details.

---

I actually had a pretty bad week myself. Car repairs . . . more car repairs . . . and even more. My car is sitting in the garage and won't be moving until H gets another part AND has time to fix it (he's on the road for the next few weeks). Normally I can borrow a car from my parents (who are retired) but BOTH of their cars are in the shop too. Ouch!

And I totatly overspent on buying some clothing (nothing fancy) for myself. Last year I was sosososo concentrating on paying down debt, that I haven't purchased anything new in forever. Truthfully, I'm still a bit discouraged lately. I just have to keep reminding myself that we are making (slow) progress (put $235 toward the LOC this week), and that we aren't incurring more debt (which is a feat in itself

Community Leader
Registered: 08-25-2006
Thu, 05-23-2013 - 1:13pm

Bumbling, I hate car repairs!  I feel for you.

We found a 1994 Honda Accord for $1,900.  Had our mechanic check it out first.  It does need about $200 in repairs for new front axels plus new tires.  But everything else looked good.  Looked at others that were a little newer with less miles, but this older one was actually in better shape than the newer ones we looked at.  

Yes, I am glad I had the money, but it just takes the cush I was hoping to have in my own account for the trip.  This puts most of the burden on DF.  

We haven't cancled anything, but have to decide by the 1st. 

Serenity

Serenity