Financial Goals - Checking In
Really, you can achieve your New Years Goals or so I keep telling myself. I believe the best way to achieve goals is be accountable and keep the list in priorities. You know I had already forgotten some of the things on my list. This week's blog will be about how I am doing so far and help me stay accountable and give us both support because...
Let's see how I am doing with my Financial Goals
The casualty of losing my satellite service for lack of funds made me evaluate other options and I learned from talking to my younger employees about all kinds of different streaming TV options. I guess this is why smart TVs are so popular now.
Perhaps I should let go of the satellite long term and do this instead. I mean if I keep HBONOW for $16 a month and then do Hulu or something similar for $20 a month - and pay $36 a month versus almost $200 a month....I also found Sling TV and Direct TV Now. Mr. Man and I are leaning towards the Direct TV Now as Direct is what we have now and we like and trust the service, plus I must admit that I am a loyal AT&T customer. Direct TV Now offers my local and the channels he and I watch the most, HGTV for me and he likes Fox Business, History, and the Discovery Channel and HBO is only $5 and Starz is $9 - still saving around $100 a month.
Another way we can cut costs is for me to give up my land line telephone, which will also free up $45 a month. I am most upset about giving this up - not sure why - I can hear better on it and just like it better than my cell phone but it does not justify the additional cost. Pinterest article suggestions says that I won't die without my land line :)
July will be a money freeing month, the refrigerator will be paid off and so will our cellphones. That will free up another $150 a month, almost $300 back in the house if I follow through.
I cannot believe we paid over $800 for our cellphones. $800 is almost my house payment, yet I did not blink an eye at the time, when we bought two. Wow $1600 in cell phones, wouldn't that have looked nice a savings account? Make you wonder how we, as a society ever got to think this was okay. Do you ever think about trying to live off the grid? Uh oh, could my way of thinking be changing? Am I learning? I just do not want to worship money but balance it.
Filing Chapter 13 one year ago with only four more to go of only getting a partial of my paychecks is really teaching me the value of money. I have never really had a relationship with my money - gave it and spent it freely - I always thought there would be more. Honestly, I really have not gone without, God has always provided what I needed but I think I pushed that too far and needed a lesson.
Funny thing is that even though I blew my money, I did not live extravagantly, I live in a modest house and drive a modest car, hand me down furniture but I was paying over $500 a month in cellphones, TV, and Internet alone. My electric run about $300 a month until I got on budget billing which has finally leveled off to about $200 a month - hopefully running the emergency heat will not negatively impact my budget. I think my mistake was not putting any money back - so when I had an unexpected expense it pulled me under and then I made huge mistake of getting cash advances, multiple, to the point that I was only getting partial paychecks but unlike being in bankruptcy, my bills were not getting paid, like my house payment.
I feel like such a loser sharing this with you but, well, this is who I really am, the girl with two Master degrees, one in Accounting, and well, the girl who made bad decisions and did not respect my blessings and took them for granted. I am now desperate to build a nest egg, my company is creating a new company with another company and not sure I will make the merger. Entering the job market at 46 after being at the same company for 18 years - well, that is another post all together :)
Still waiting on W2's to file our taxes and we are hoping to have enough to replace the unit and Mr. Man's TV that blew up. I also need to save for 2 new tires. Winter nesting makes it hard for me as I look around the house and think of things that I
What ways do you cut costs? What is comfy range for savings, the least amount that must be in savings?