:::: MENU ::::

Browsing posts in: Home Ownership

Starting The Month Off Right

by

Talk about starting the month off right! March is a 3-paycheck month for me (anyone else?)

In the past, we’ve been able to put the entire extra paycheck toward debt. But right now we’re still in a situation where we’re totally out of money before the month is over, and scrambling to pay bills that are due at the beginning of the next month. We’re still working on budgeting, in general.

It’s very stressful and not very fun. So I decided that with my third paycheck, instead of making extra debt payments, I’d create a bit of a buffer in our budget by pre-paying some of our bills that are due in early April. It may not be the most fun way to spend extra money, but it makes me feel good to be starting off April on the right foot!

I logged into my bank account’s bill pay center and paid for our phone (due 4/1), Citibank credit card (due 4/4), Wells Fargo credit card (due 4/5), and childcare (due 4/10).  I’ve also set a chunk of money aside because I plan to mail a large check to pay the remaining balance of our 2017 property taxes (payment must be post-marked by 5/1, but I’m planning to make the payment on 4/13).

The third paycheck month is coming just at the right time to help create some breathing room in our budget, especially with our property tax payment coming due. Usually, I get a lot of satisfaction out of making those extra debt payments, but I think this time the money is well spent in creating a bit of a buffer for us. It reminds me of when we used YNAB to live on last month’s income. It took awhile to build up the extra, but it helped alleviate so much stress due to budget and/or income fluctuations. I think this will be a goal we’ll have. Trying to get back to living on last month’s income again.

Was March a 3-paycheck month for you? What do you typically do with your third paycheck on 3-paycheck months?

 


Minimalism to the extreme!!

by

i recently came across this video online. It’s about a woman who didn’t want to continue paying exorbitant amounts for rent and/or mortgage, so she started researching tiny houses. That led her to start researching minimalism in general. And, finally, she had this crazy idea to move into a van! A VAN!!

check out the video here

The comments were pretty mixed. Some hailed her as a genius, but others described her as cheap and/or homeless (due to lack of physical address).

In the video, the woman says she had $40k of student loan debt, which she was able to pay off in one year thanks to not having a monthly rent or mortgage bill.

What do you think? How far would you go to become debt-free? What’s the wildesttt/wackiest thing you have done in the pastWe used to DIY our baby wipes when our kids were still in diapers  That was a little “out there.”


Pages:1234567...65