Ya, it's coming back to haunt me.
My car insurance finally went back up. I'll have to set aside $125 a month for all my insurance stuff (the car, house, earthquake) and i'll be about $85 short to pay the statement next month so I'll be using the property tax refund check to cover the balance that I won't have in the savings account for my insurance stuff.
guess we just all learn to roll with the punches
Monday, October 25, 2010
Mortgage mess
So, a few months ago I mentioned that my mortgage payment should be going down since I my property was going to be assessed for my purchase price.
When I paid my mortgage this month (I always pay online before my statement gets here in the mail) I just automatically paid it and typed in the normal extra I send over... seems normal, right? Wrong
When I got the statement I notice the amount I sent to escrow went UP... not down... so I paid more this month then I should have. I was billed $858.60 instead of 828.32
While going through the mail I also received my property tax statement... showing that Again, it went down.... so my escrow balance should be down.
I called BOFA's "Bac loan" people and found out that they hadn't got the new bill (and all they had to go off of was last years bill that didn't show my refund I received), but since I could quote him the price over the phone since I had my new bill he would immediately change the amount and refund any overages I'd paid into the account thus far.
My new mortgage payment is now only $808.18 (down $20 a month from the original price) including my MIP, Property taxes, Principle, and Interest.
650.64- P&I
52.74- MIP
104.80- property taxes.
I'm getting a $93.92 refund check
When I paid my mortgage this month (I always pay online before my statement gets here in the mail) I just automatically paid it and typed in the normal extra I send over... seems normal, right? Wrong
When I got the statement I notice the amount I sent to escrow went UP... not down... so I paid more this month then I should have. I was billed $858.60 instead of 828.32
While going through the mail I also received my property tax statement... showing that Again, it went down.... so my escrow balance should be down.
I called BOFA's "Bac loan" people and found out that they hadn't got the new bill (and all they had to go off of was last years bill that didn't show my refund I received), but since I could quote him the price over the phone since I had my new bill he would immediately change the amount and refund any overages I'd paid into the account thus far.
My new mortgage payment is now only $808.18 (down $20 a month from the original price) including my MIP, Property taxes, Principle, and Interest.
650.64- P&I
52.74- MIP
104.80- property taxes.
I'm getting a $93.92 refund check
Tuesday, October 19, 2010
Kiva Updates
Current KIVA Loans:I still have 2 delinquent loans =( but one paid more money this month, but they are still behind. No change or money posted to the other delinquent account.... but I DID GET ANOTHER LOAN PAID IN FULL!!!!
Olga
Location: Portoviejo, Ecuador
Repayment Term: 6 months
Activity: Crafts
Repayment Schedule: Monthly
Loan Use: To buy fabric, down, thread, fasteners, etc.
Repaid: $0.00
Location: Kant, Kyrgyzstan
Repayment Term: 6 months
Activity: Cattle
Repayment Schedule: Monthly
Loan Use: To purchase more cattle for breeding
Repaid: $5.89
Location: Monrovia South, Liberia
Repayment Term: 6 months
Activity: Food Market
Repayment Schedule: Monthly
Loan Use: To buy more bags of rice, onions, peppers, palm oil, and beans
Repaid: $2.08 DELINQUENT
Gbawulu Group
Location: Monrovia South, Liberia
Repayment Term: 6 months
Activity: Construction
Repayment Schedule: Monthly
Loan Use: To buy bags of cement to make blocks
Repaid: $12.68
Iyunge Group
Location: Cibitoke, Burundi
Repayment Term: 8 months
Activity: Fruits & Vegetables
Repayment Schedule: Monthly
Loan Use: purchasing bigger quantities of beans but also new products to sell her customers
Repaid: $22.92
Fight For Progress Group
Location: Makeni, Sierra Leone
Repayment Term: 12 months
Activity: Food Market
Repayment Schedule: Monthly
Loan Use: Buy palm-oil, rice, and oranges in wholesale quantities
Repaid: $17.92 DELINQUENT
LOANS PAID IN FULL:
Zenaida Daing- Farming, Sta. Josefa, Agusan Del Sur, Philippines
Elizabeth Aidoo- Food Market, Wiawso, Ghana
Mobateli Plus Group -Manufacturing, The Democratic Republic of the Congo
Paz y Amor Group -Fruits & Vegetables, Dominican Republic
Dustmatov Eralboy - Livestock, Tajikistan
Seccelambras Group -Food Production/Sales, Peru
Rashidat Mumuni -Fish Selling, Nigeria
Karla Vanessa Montiel Barahona -Housing, Nicaragua
Eal Nub -Fish Selling, Cambodia
Atim Irene's Group -Medical Clinic, Uganda
Obama Group- Grocery Store produce- Dar Es Salaam, Tanzania
La Esperanza Group- Materials such as sugar cane, flour, sugar and coal- Ita, Paraguay
Siguikadi Group- Purchase of selling items -Kadiolo Sikasso, Mali
Altantuya Lhasuren=Butcher Shop- Tsetserleg, Arhangai, Mongolia
As of today i've loaned and re-loaned out a total of $500 through KIVA to 20 different groups in 19 different places all around the world. Its amazing what $25.00can do!
Like Kiva? Think its neat? then Lend Kiva
Olga
Location: Portoviejo, Ecuador
Repayment Term: 6 months
Activity: Crafts
Repayment Schedule: Monthly
Loan Use: To buy fabric, down, thread, fasteners, etc.
Repaid: $0.00
Location: Kant, Kyrgyzstan
Repayment Term: 6 months
Activity: Cattle
Repayment Schedule: Monthly
Loan Use: To purchase more cattle for breeding
Repaid: $5.89
Location: Monrovia South, Liberia
Repayment Term: 6 months
Activity: Food Market
Repayment Schedule: Monthly
Loan Use: To buy more bags of rice, onions, peppers, palm oil, and beans
Repaid: $2.08 DELINQUENT
Gbawulu Group
Location: Monrovia South, Liberia
Repayment Term: 6 months
Activity: Construction
Repayment Schedule: Monthly
Loan Use: To buy bags of cement to make blocks
Repaid: $12.68
Iyunge Group
Location: Cibitoke, Burundi
Repayment Term: 8 months
Activity: Fruits & Vegetables
Repayment Schedule: Monthly
Loan Use: purchasing bigger quantities of beans but also new products to sell her customers
Repaid: $22.92
Fight For Progress Group
Location: Makeni, Sierra Leone
Repayment Term: 12 months
Activity: Food Market
Repayment Schedule: Monthly
Loan Use: Buy palm-oil, rice, and oranges in wholesale quantities
Repaid: $17.92 DELINQUENT
LOANS PAID IN FULL:
Zenaida Daing- Farming, Sta. Josefa, Agusan Del Sur, Philippines
Elizabeth Aidoo- Food Market, Wiawso, Ghana
Mobateli Plus Group -Manufacturing, The Democratic Republic of the Congo
Paz y Amor Group -Fruits & Vegetables, Dominican Republic
Dustmatov Eralboy - Livestock, Tajikistan
Seccelambras Group -Food Production/Sales, Peru
Rashidat Mumuni -Fish Selling, Nigeria
Karla Vanessa Montiel Barahona -Housing, Nicaragua
Eal Nub -Fish Selling, Cambodia
Atim Irene's Group -Medical Clinic, Uganda
Obama Group- Grocery Store produce- Dar Es Salaam, Tanzania
La Esperanza Group- Materials such as sugar cane, flour, sugar and coal- Ita, Paraguay
Siguikadi Group- Purchase of selling items -Kadiolo Sikasso, Mali
Altantuya Lhasuren=Butcher Shop- Tsetserleg, Arhangai, Mongolia
As of today i've loaned and re-loaned out a total of $500 through KIVA to 20 different groups in 19 different places all around the world. Its amazing what $25.00can do!
Like Kiva? Think its neat? then Lend Kiva
Saturday, October 16, 2010
Why I love fall
The leaves change colors and fall all on my balcony, and its considered "seasonal" not to sweep it. =)
In college one of the RA's and my best-est friend ever taught me how to crochet. I used to just make scarfs and really simple things, but now I can make blankets and beanies too. In the fall and winter, the weather cools down more and I tend to make things while I watch shows on my Computer (cause i don't pay for cable). Boyfriends sister in law is pregnant so I think I might try and learn to read a pattern or something and try to make her little boy something by the time I go out there in November for thanksgiving since i'll get to meet her for the first time then.
In the weeks to come I think i'll probably start reading more. I'm half way through 2 of the 5 books I started reading simultaneously... but i really didn't start to dent them till just now.
I also tend to go through my things around the holidays and weed out belongings I don't want to keep in preparation for the new year. Its kind of awesome to simplify. I may even start to do and finish the scrap book from all my college memories. When I lived at my first apartment, and my second I was able to condense all my high school memories, old flames, and pictures to one scrapbook and its really nice to just have a few pages and highlights from awesome times. I currently have a box under my bed of memories from college, but it would be nice to start working on that and creative the "college memory book." =)
1 word: Holidays!!!! I'm already trying to figure out who to buy presents for and what they want. I love holidays. They are fantastic and happy, and wonderful.
Engagements: My two friends just got engaged to each other and I'm uber excited for them!!!!!!
In college one of the RA's and my best-est friend ever taught me how to crochet. I used to just make scarfs and really simple things, but now I can make blankets and beanies too. In the fall and winter, the weather cools down more and I tend to make things while I watch shows on my Computer (cause i don't pay for cable). Boyfriends sister in law is pregnant so I think I might try and learn to read a pattern or something and try to make her little boy something by the time I go out there in November for thanksgiving since i'll get to meet her for the first time then.
In the weeks to come I think i'll probably start reading more. I'm half way through 2 of the 5 books I started reading simultaneously... but i really didn't start to dent them till just now.
I also tend to go through my things around the holidays and weed out belongings I don't want to keep in preparation for the new year. Its kind of awesome to simplify. I may even start to do and finish the scrap book from all my college memories. When I lived at my first apartment, and my second I was able to condense all my high school memories, old flames, and pictures to one scrapbook and its really nice to just have a few pages and highlights from awesome times. I currently have a box under my bed of memories from college, but it would be nice to start working on that and creative the "college memory book." =)
1 word: Holidays!!!! I'm already trying to figure out who to buy presents for and what they want. I love holidays. They are fantastic and happy, and wonderful.
Engagements: My two friends just got engaged to each other and I'm uber excited for them!!!!!!
Saturday, October 9, 2010
I'm bad at math... How much i've REALLY saved on my condo so far.
New Balance: $115,214.11 | The Goal for 2010 is to get it under 115,000.00
When I was calculating how much interest i'd be saving over the life of my mortgage by paying a little bit extra on every statement, I forgot one major thing.
To add in the amount i've already paid when I compare it to the original!!!!!!!!!!!! DUH! No wonder it was showing $1,000's of dollars saved... I had forgot to add in the $6,000 i've already paid in interest to the bottom line!!!!!! I'm so stupid sometimes.
So i've only actually saved myself $2,846.11 in interest payments so far, and i'm scheduled to pay off my mortgage 5 months sooner then the original plan, saving myself $3,637.24 in payments I won't have to make, all for giving them $791.64 ahead of time.
Total Condo Costs:
Money paid to aquire the property and get keys: $7,057.08
Money Spent to Remodel and Repair Property: $17,672.29
Total: $24,729.37
First Time Home buyers Credit: $8,000.00
Current equity: $4,758.89 (not including any change in value the upgrades gave me)
Electrician costs -$95.00
TILE Refund $1,265.00
Current amount in the hole: $10,800.48
When I was calculating how much interest i'd be saving over the life of my mortgage by paying a little bit extra on every statement, I forgot one major thing.
To add in the amount i've already paid when I compare it to the original!!!!!!!!!!!! DUH! No wonder it was showing $1,000's of dollars saved... I had forgot to add in the $6,000 i've already paid in interest to the bottom line!!!!!! I'm so stupid sometimes.
So i've only actually saved myself $2,846.11 in interest payments so far, and i'm scheduled to pay off my mortgage 5 months sooner then the original plan, saving myself $3,637.24 in payments I won't have to make, all for giving them $791.64 ahead of time.
Total Condo Costs:
Money paid to aquire the property and get keys: $7,057.08
Money Spent to Remodel and Repair Property: $17,672.29
Total: $24,729.37
First Time Home buyers Credit: $8,000.00
Current equity: $4,758.89 (not including any change in value the upgrades gave me)
Electrician costs -$95.00
TILE Refund $1,265.00
Current amount in the hole: $10,800.48
Updates:
So last night I wanted to make dinner, but had half a sinkful of dishes to clean first because I thought my dishwasher was broken...
Well i put the dishes in there to try again... and this time the cycle went though so i'm going to keep my eye on it, but I may not need to replace it or have boyfriend look at it in December, YEAH!!!!!!!
---
Luncheon with my mom, her friend, and my sister actually WENT WAYYYYY BETTER than I expected it too...
So of course this week, actually last night, my sister decides to flip out on the entire world and cause sooooo much family drama that my mom isn't speaking to her now... and my sister is now refusing to come to Christmas dinner... and my mom's upset that I got her a dog for her birthday (but she's forgiven me now)...?
Guess the drama will continue for a bit. At least Tomorrow i'll be marathon training and can take some frustation out on the pavement if need be.
Well i put the dishes in there to try again... and this time the cycle went though so i'm going to keep my eye on it, but I may not need to replace it or have boyfriend look at it in December, YEAH!!!!!!!
---
Luncheon with my mom, her friend, and my sister actually WENT WAYYYYY BETTER than I expected it too...
So of course this week, actually last night, my sister decides to flip out on the entire world and cause sooooo much family drama that my mom isn't speaking to her now... and my sister is now refusing to come to Christmas dinner... and my mom's upset that I got her a dog for her birthday (but she's forgiven me now)...?
Guess the drama will continue for a bit. At least Tomorrow i'll be marathon training and can take some frustation out on the pavement if need be.
Retirement Perspectives
I got paid on Friday so I went ahead and updated my retirement spread sheet. Here's what it looks like now. I can't wait until 2011 when i'll start saving up for my Vanguard Account and get back into real investing again. =)
End of 2009 Balance: $26,529.33 | Current 2010 Balance: $31,584.47
Additional Contributions since 2009: $4,844.97
Non Pension Growth: $210.17 (1.32%)
Discontinued 401a Account: Makes up 3.00 % of my Retirement
$948.14/$898.62 invested. (New contributions suspended.) Target Date
Discontinued 457 Account: Makes up 3.28% of my Retirement
$1,034.41 (Earns pennies a week and I can’t move the $$$$ until I quit.)
ING DIRECT CD Roth IRA: Makes up 55.61% of my portfolio
$17,565.26/$17250.00
Up 1.827% from inception +$315.26
Pension: Approximately 38.11% of my portfolio
If I quit tomorrow, I’d just have the cash in the account (earning an automatic 6% until withdrawn).
Total: $12,036.66
$2,956.65 (What I’ve put in out of my paychecks) 407.10% Return from inception.
I’m currently buying additional time in my retirement accounts from when I was 16-18 years of age (Cal PERS service prior to membership). It’s less than a year’s worth of service credit, but I’ll be having $33.06 deducted from each paycheck for a while….
End of 2009 Balance: $26,529.33 | Current 2010 Balance: $31,584.47
Additional Contributions since 2009: $4,844.97
Non Pension Growth: $210.17 (1.32%)
Discontinued 401a Account: Makes up 3.00 % of my Retirement
$948.14/$898.62 invested. (New contributions suspended.) Target Date
Discontinued 457 Account: Makes up 3.28% of my Retirement
$1,034.41 (Earns pennies a week and I can’t move the $$$$ until I quit.)
ING DIRECT CD Roth IRA: Makes up 55.61% of my portfolio
$17,565.26/$17250.00
Up 1.827% from inception +$315.26
Pension: Approximately 38.11% of my portfolio
If I quit tomorrow, I’d just have the cash in the account (earning an automatic 6% until withdrawn).
Total: $12,036.66
$2,956.65 (What I’ve put in out of my paychecks) 407.10% Return from inception.
I’m currently buying additional time in my retirement accounts from when I was 16-18 years of age (Cal PERS service prior to membership). It’s less than a year’s worth of service credit, but I’ll be having $33.06 deducted from each paycheck for a while….
Friday, October 8, 2010
I'm going to make more $$$ this year than I did in 2008
Every pay day I update my spreadsheet with how much money I've earned during the year, and how I earned it (through regular earnings, overtime, holiday pay, ect).
Then I will calculate how many paychecks are left in the year (assuming just base pay and benefits) and then I add the two together to get a ball park figure of how much i'll be taking home for the year. This helps with Tax planning and my over all financial goals... (and it motivates me to try and get a little overtime.)
In 2008, I took home $42,955.30.... and based on my calculations I'll make AT LEAST $43,052.19 for 2010. Right now it's just a few dollars more, but to me this is a big difference because last year I only made more money than 2008 because we had a weird billing cycle issue and I actually recieved 3 extra checks instead of 2 because the New years eve holiday pushed that check into 2009 instead of 2010. Without that check I would have only cleared $42,739.93 (with it I cleared $44,163.93) I doubt I'll be able to scramble and come up with an additional $1,111.74 to beat out the 44 grand from 2009... but man would that be nice if I did.
Then I will calculate how many paychecks are left in the year (assuming just base pay and benefits) and then I add the two together to get a ball park figure of how much i'll be taking home for the year. This helps with Tax planning and my over all financial goals... (and it motivates me to try and get a little overtime.)
In 2008, I took home $42,955.30.... and based on my calculations I'll make AT LEAST $43,052.19 for 2010. Right now it's just a few dollars more, but to me this is a big difference because last year I only made more money than 2008 because we had a weird billing cycle issue and I actually recieved 3 extra checks instead of 2 because the New years eve holiday pushed that check into 2009 instead of 2010. Without that check I would have only cleared $42,739.93 (with it I cleared $44,163.93) I doubt I'll be able to scramble and come up with an additional $1,111.74 to beat out the 44 grand from 2009... but man would that be nice if I did.
I started Marathon Training!
This past Sunday I officially started marathon training.
If you'd like to follow me on my journey, check out my training blog:
www.ICanDo262.blogspot.com
If you'd like to follow me on my journey, check out my training blog:
www.ICanDo262.blogspot.com
Saturday, October 2, 2010
Commentary on my life...
Its been a truly busy few months for me. A lot of drama has been flitering around some of my friends:
Friends have gone back off to college and are farther away
Breakups have been happening left and right with the changing seasons
Yup, someone is pregnant again...
There have been some church changes...
I've reached out to my dad's side of the family and am exchanging emails with some cousins now..
For October I'm going to try and hunker down and really get focused. Marathon training officially starts at 8:00am tomorrow and with that I'm hoping to gain more focus as I have a huge count down goal ahead of me.
There are 53 days left until I fly out and get to see boyfriend again for Thanksgiving... and apparently i'll be meeting almost all of his family and i'm really nervous!!!!!!!!!!!!!! EEEEKKKK!
I decided not to apply for the position at the animal shelter at the last min for some reasons...
I decorated my condo for Halloween and fall, and now it smells like nice happy pumpkin. =)
I went hiking with my sister and her boyfriend (I won't be doing that again)... :/
and I have a huge birthday luncheon for my mom's birthday on Monday and its going to be hell for me... her best friend is coming and I have this gut feeling that not only will I get interrogated and put down from her, she will keep my mom drinking the entire lunch time and i'll just want to leave but won't be able to... I'm not looking forward to monday.... AT ALL
and I think my dishwasher is broken... and of course it breaks 2 days after the home warantee expires...
Friends have gone back off to college and are farther away
Breakups have been happening left and right with the changing seasons
Yup, someone is pregnant again...
There have been some church changes...
I've reached out to my dad's side of the family and am exchanging emails with some cousins now..
For October I'm going to try and hunker down and really get focused. Marathon training officially starts at 8:00am tomorrow and with that I'm hoping to gain more focus as I have a huge count down goal ahead of me.
There are 53 days left until I fly out and get to see boyfriend again for Thanksgiving... and apparently i'll be meeting almost all of his family and i'm really nervous!!!!!!!!!!!!!! EEEEKKKK!
I decided not to apply for the position at the animal shelter at the last min for some reasons...
I decorated my condo for Halloween and fall, and now it smells like nice happy pumpkin. =)
I went hiking with my sister and her boyfriend (I won't be doing that again)... :/
and I have a huge birthday luncheon for my mom's birthday on Monday and its going to be hell for me... her best friend is coming and I have this gut feeling that not only will I get interrogated and put down from her, she will keep my mom drinking the entire lunch time and i'll just want to leave but won't be able to... I'm not looking forward to monday.... AT ALL
and I think my dishwasher is broken... and of course it breaks 2 days after the home warantee expires...
October Kiva Loan:
Olga
Location: Portoviejo, Ecuador
Repayment Term: 6 months
Activity: Crafts
Repayment Schedule: Monthly
Loan Use: To buy fabric, down, thread, fasteners, etc.
In the lovely city of Calceta, known for its hard-working people and beautiful women, the San AgustÃn Village Bank meets every fifteen days.
That's where we met Olga, who has been with the village bank for fourteen years. She says the bank has always been there to help her grow in her business, so she really appreciates Fundación Espoir. Olga is fifty-nine, married, and has five grown children, who all live with her. Her husband is in agriculture.
Olga makes and sells cushions. She sews different designs on the cushion covers to serve a variety of purposes, including for pillows, furniture and even for couples getting married; people buy those designs all the time because they make nice gifts, and Olga makes them with down so they'll be softer. She works Monday through Friday from 8 in the morning until 8 at night. She sends her products to Quininde and Quito where her sister sells them. She also brings things to a bazaar in Calceta because there's a lot of demand there.
Olga plans to use her loan to buy materials to make her cushions.
Her dream is to have a bigger workshop and to be able to send her products internationally because she says her cushions are the best in the world.
Current KIVA Loans:I now have 2 delinquent loans =(
Location: Kant, Kyrgyzstan
Repayment Term: 6 months
Activity: Cattle
Repayment Schedule: Monthly
Loan Use: To purchase more cattle for breeding
Location: Monrovia South, Liberia
Repayment Term: 6 months
Activity: Food Market
Repayment Schedule: Monthly
Loan Use: To buy more bags of rice, onions, peppers, palm oil, and beans
Repaid: $2.08 DELINQUENT
Gbawulu Group
Location: Monrovia South, Liberia
Repayment Term: 6 months
Activity: Construction
Repayment Schedule: Monthly
Loan Use: To buy bags of cement to make blocks
Repaid: $12.68
Iyunge Group
Location: Cibitoke, Burundi
Repayment Term: 8 months
Activity: Fruits & Vegetables
Repayment Schedule: Monthly
Loan Use: purchasing bigger quantities of beans but also new products to sell her customers
Repaid: $18.75
Fight For Progress Group
Location: Makeni, Sierra Leone
Repayment Term: 12 months
Activity: Food Market
Repayment Schedule: Monthly
Loan Use: Buy palm-oil, rice, and oranges in wholesale quantities
Repaid: $13.96 DELINQUENT
Altantuya Lhasuren
Location: Tsetserleg, Arhangai, Mongolia
Repayment Term: 20 months
Activity: Butcher Shop
Repayment Schedule: Monthly
Loan Use: to purchase meat
Repaid: $9.73
LOANS PAID IN FULL:
Zenaida Daing- Farming, Sta. Josefa, Agusan Del Sur, Philippines
Elizabeth Aidoo- Food Market, Wiawso, Ghana
Mobateli Plus Group -Manufacturing, The Democratic Republic of the Congo
Paz y Amor Group -Fruits & Vegetables, Dominican Republic
Dustmatov Eralboy - Livestock, Tajikistan
Seccelambras Group -Food Production/Sales, Peru
Rashidat Mumuni -Fish Selling, Nigeria
Karla Vanessa Montiel Barahona -Housing, Nicaragua
Eal Nub -Fish Selling, Cambodia
Atim Irene's Group -Medical Clinic, Uganda
Obama Group- Grocery Store produce- Dar Es Salaam, Tanzania
La Esperanza Group- Materials such as sugar cane, flour, sugar and coal- Ita, Paraguay
Siguikadi Group- Purchase of selling items -Kadiolo Sikasso, Mali
As of today i've loaned and re-loaned out a total of $500 through KIVA to 20 different groups in 19 different places all around the world. Its amazing what $25.00can do!
Like Kiva? Think its neat? then Lend Kiva
2010 Goals- Updated
GOALS FINISHED:
• Pay off non-mortgage Debt –Done Paid off $8,742.48 in loans
• Increase Car fund by $250.00- Done Total $600.00 (Moved to EF)
• Get emergency fund to $8,400.00 –Done $11,083.51
Lower Mortgage to under $115,000.00
• @ $115,442.32 ($442.32 to go)
Principle Payments:
September $144.81 + $103.35
Contribute $5,000.00 to Roth IRA ($1750 left to add)
Increase Networth to $60,000.00
its @ $58,825.15
GET IN SHAPE
…………………………………………….. Marathon Training Starts tomorrow.
Give More
• Kiva- January (Mongolia) | February (Sierra Leon) | March (Mali) | April (Tanzania) | May (Burundi) | June (Paraguay) | July (Liberia) | August (Liberia) | September (Kyrgyzstan)
• LTG- I volunteered at the tutoring center last week too.
• Child Share – I worked their annual GALA event last weekend. October I think will be slow on the volunteering front with Child Share so I’m going to try and volunteer more at the tutoring center next month.
Track my spending
(I’m keeping track, I just haven’t had time to post the break downs.)
Read One book a Month
I’m currently reading 4 books simultaneously… Still
• Pay off non-mortgage Debt –Done Paid off $8,742.48 in loans
• Increase Car fund by $250.00- Done Total $600.00 (Moved to EF)
• Get emergency fund to $8,400.00 –Done $11,083.51
Lower Mortgage to under $115,000.00
• @ $115,442.32 ($442.32 to go)
Principle Payments:
September $144.81 + $103.35
Contribute $5,000.00 to Roth IRA ($1750 left to add)
Increase Networth to $60,000.00
its @ $58,825.15
GET IN SHAPE
…………………………………………….. Marathon Training Starts tomorrow.
Give More
• Kiva- January (Mongolia) | February (Sierra Leon) | March (Mali) | April (Tanzania) | May (Burundi) | June (Paraguay) | July (Liberia) | August (Liberia) | September (Kyrgyzstan)
• LTG- I volunteered at the tutoring center last week too.
• Child Share – I worked their annual GALA event last weekend. October I think will be slow on the volunteering front with Child Share so I’m going to try and volunteer more at the tutoring center next month.
Track my spending
(I’m keeping track, I just haven’t had time to post the break downs.)
Read One book a Month
I’m currently reading 4 books simultaneously… Still
Retirement Perspectives
End of 2009 Balance: $26,529.33 | Current 2010 Balance: $31,487.02
Additional Contributions since 2009: $4,766.76
Growth: $190.93 (1.20%)
Discontinued 401a Account: Makes up 2.96 % of my Retirement
$933.30/$898.62 invested. (New contributions suspended.) Target Date
Discontinued 457 Account: Makes up 3.29% of my Retirement
$1,034.36 (Earns pennies a week and I can’t move the $$$$ until I quit.)
ING DIRECT CD Roth IRA: Makes up 55.77% of my portfolio
$17,560.91/$17250.00
Up 1.802% from inception +$310.91
Pension: Approximately 37.98% of my portfolio
If I quit tomorrow, I’d just have the cash in the account (earning an automatic 6% until withdrawn).
Total: $11,958.45
$2,878.44 (What I’ve put in out of my paychecks) 415.44% Return from inception.
I’m currently buying additional time in my retirement accounts from when I was 16-18 years of age (Cal PERS service prior to membership). It’s less than a year’s worth of service credit, but I’ll be having $33.06 deducted from each paycheck for a while….
Additional Contributions since 2009: $4,766.76
Growth: $190.93 (1.20%)
Discontinued 401a Account: Makes up 2.96 % of my Retirement
$933.30/$898.62 invested. (New contributions suspended.) Target Date
Discontinued 457 Account: Makes up 3.29% of my Retirement
$1,034.36 (Earns pennies a week and I can’t move the $$$$ until I quit.)
ING DIRECT CD Roth IRA: Makes up 55.77% of my portfolio
$17,560.91/$17250.00
Up 1.802% from inception +$310.91
Pension: Approximately 37.98% of my portfolio
If I quit tomorrow, I’d just have the cash in the account (earning an automatic 6% until withdrawn).
Total: $11,958.45
$2,878.44 (What I’ve put in out of my paychecks) 415.44% Return from inception.
I’m currently buying additional time in my retirement accounts from when I was 16-18 years of age (Cal PERS service prior to membership). It’s less than a year’s worth of service credit, but I’ll be having $33.06 deducted from each paycheck for a while….
3rd quarter Retirement overlook
The first 3 quarters of 2010 are over… so it’s time to look back at my retirement levels and see the “big picture” of how my finances are doing.
Retirement funds: Current 3rd quarter Balance $31,481.75 | 2010 Start: $26,529.33
Not looking at my pension or contributions I’ve made for the year ($4766.76 so far), my accounts have only grown $185.66 or 1.17% since the benchmark for 2010 hit. Over the last quarter I was able to make up the 1.53% loss and move it into the positive territory. I like to end the year with at least a 3% gain to beat inflation… ***crosses fingers***
Let’s look at those goals: Goals for 3rd quarter (July, August, and September)
Try and get the 457 account below 3% of my portfolio… it’s at 3.59% now
The account currently makes up 3.29% of my portfolio so we’re definitely moving in the right direction here. I’m hoping it will continue to fall below 3% of my portfolio•
Continue making $250.00 a month contributions to Roth IRA (July is extra Check Month and I’ll be adding my Annual $1,000.00 to my Roth IRA CD Account. Move Mutual Funds to Vanguard.
I dropped my extra $1,000.00 in and made my monthly $25.00 deposits. I transferred my funds out of Sharebuilder, and I decided to do CD’s and Savings accounts for the remainder of 2010, then I’ll open a new vanguard account in 2011.
401A Account:
• Benchmark Balance: $741.62 | Added $213.70 for the year 2010. Contributions stopped.
• 1st Quarter Balance: $866.40
• 2nd Quarter Balance: $892.50
• 3rd Quarter Balance: $928.35
457Account:
• Benchmark Balance, $1,032.80
• 1st Quarter Balance, $1,033.17
• 2nd Quarter Balance $1,033.82
• 3rd Quarter Balance $1,034.36
o I’ve gotten a measly 1.56 in interest this year
Roth IRA ING DIRECT:
• Benchmark Balance, $2,567.56
• 1st Quarter Balance, $2,585.80
• 2nd Quarter Balance, $2,604.21
• 3rd Quarter Balance, $17,560.59 (Rolled over Sharebuilder account)
Over all what have I learned?
Its transition time I as finish out 2010 with the goal of just matching inflation as I prepare to invest again in 2011.
Goals for 4th quarter (October, November, December)
• Try and get 457 account below 3% of my portfolio.
• Finish maxing out my Roth IRA for the year
• Hopefully have my whole portfolio grow at least 3% for the year to counter inflation.
Retirement funds: Current 3rd quarter Balance $31,481.75 | 2010 Start: $26,529.33
Not looking at my pension or contributions I’ve made for the year ($4766.76 so far), my accounts have only grown $185.66 or 1.17% since the benchmark for 2010 hit. Over the last quarter I was able to make up the 1.53% loss and move it into the positive territory. I like to end the year with at least a 3% gain to beat inflation… ***crosses fingers***
Let’s look at those goals: Goals for 3rd quarter (July, August, and September)
Try and get the 457 account below 3% of my portfolio… it’s at 3.59% now
The account currently makes up 3.29% of my portfolio so we’re definitely moving in the right direction here. I’m hoping it will continue to fall below 3% of my portfolio•
Continue making $250.00 a month contributions to Roth IRA (July is extra Check Month and I’ll be adding my Annual $1,000.00 to my Roth IRA CD Account. Move Mutual Funds to Vanguard.
I dropped my extra $1,000.00 in and made my monthly $25.00 deposits. I transferred my funds out of Sharebuilder, and I decided to do CD’s and Savings accounts for the remainder of 2010, then I’ll open a new vanguard account in 2011.
401A Account:
• Benchmark Balance: $741.62 | Added $213.70 for the year 2010. Contributions stopped.
• 1st Quarter Balance: $866.40
• 2nd Quarter Balance: $892.50
• 3rd Quarter Balance: $928.35
457Account:
• Benchmark Balance, $1,032.80
• 1st Quarter Balance, $1,033.17
• 2nd Quarter Balance $1,033.82
• 3rd Quarter Balance $1,034.36
o I’ve gotten a measly 1.56 in interest this year
Roth IRA ING DIRECT:
• Benchmark Balance, $2,567.56
• 1st Quarter Balance, $2,585.80
• 2nd Quarter Balance, $2,604.21
• 3rd Quarter Balance, $17,560.59 (Rolled over Sharebuilder account)
Over all what have I learned?
Its transition time I as finish out 2010 with the goal of just matching inflation as I prepare to invest again in 2011.
Goals for 4th quarter (October, November, December)
• Try and get 457 account below 3% of my portfolio.
• Finish maxing out my Roth IRA for the year
• Hopefully have my whole portfolio grow at least 3% for the year to counter inflation.
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