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Posts tagged with: Work

Debt Detox by Room, Part 3: Living Areas & Paper Zone

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The living room and dining room table is where clutter turns into shame. Paper work, stacks of mail “to sort later,” and sentimental piles that slowly swallow the sofa, the dining table, the tv stands, and so on and so forth.

We’ve gotten that we clear off the table bi-weekly when the family comes for dinner. But we just pick the piles up, and pile them on a bed in an extra bedroom. I told dad this week as we were doing that yet again. That I don’t know what I agree to this. Because once I return from my wedding trip to Georgia, I’m going to have to tackle that room. It will be piled high with randomness and the closet is already full of boxes of paperwork, sentimental items, and things they never unpacked when they moved here over a decade ago.

piles of paperwork - stock photo

The Decision Framework

“Honor the story, protect the space.” The goal is to keep visible, curated history-without losing the room to cardboard time capsules.

Two Power Stations

This is my plan for October, leading up to the holidays and the kids coming. Because we will need all the extra beds/bedrooms for their visits

  • Incoming Paper:

    • Three files by the printer in the back room: “To Pay,” “To File,” “To Call.”

    • One small shredder.

    • Weekly 15-minute “Bills & Banter” appointment on the calendar.

Dad wants me to take over the bill pay and financial tracking. But for now, I’m just trying to get it organized and be familiar. And I’ve got to file several years of back taxes. (My sister takes care of my mom’s accounts, etc.)

  • Memory Lane:

    • I’m slowly going room by room and sorting through the “stuff”. My mom has been incapacitated for the bulk of the last 5 years (diagnosed 8 years ago) so the house has long been neglected. I mentioned earlier that all items I question keeping first go through my dad, then my siblings. It’s working for us.

My mom has always kept a beautiful home. I have no idea how she did it with all 5 of us kids. But she also became a thrifter in the last couple of decades. It’s all curated well, but us kids don’t have a lot of sentimental value placed on many of the decor or knick knacks collecting dust.

Wrapping Paper & Bags Limits

I discovered two LARGE boxes of just gift wrapping supplies. And then a hutch full of holiday tins. I’ve put them in away for now. But made it clear to dad that we are going to use that stuff for Christmas this year and do a major purge at that time.

I’m sure as I continue on this with segment of the purge, there will be more, but the mail and paperwork are the bane of my existence right now. Thankfully, I enjoy being busy. So when I’m not working, I’m sorting, purging, cleaning, and organizing. Keeping an continual list of to dos as I discover them.

Money Impact

  • Bills surface and get paid on time.

  • No more buying gift bags or wrapping paper.

  • Clear surfaces by putting things in their place. And if they don’t have a place, do we really need to keep this?

30-Minute Reset

  1. Sweep every flat surface into three piles: paper, not-paper, sentimental.

  2. Paper goes straight to the station: pay/file/call.

  3. Not-paper either returns to its home or gets reviewed for its merit.

The Livability Test

THIS! I saw this in an article and keep it on repeat for dad as we discuss upcoming family gatherings and maintaining the home.

  • Can we sit on every seat without moving a pile?

  • Can we vacuum without clearing the floor first?

Maintenance Schedule

I’ve built myself a cleaning schedule that I am working hard to stick too. After sweeping, scrubbing, and mopping the kitchen took me 6 hours the first time because there was so much build up, I said never again. And so did my back.

  • Weekly 15-minute “Room Reset” (set a timer, cue a favorite song). I have to do this when dad is away. He doesn’t like my music 🙂

  • Weekly mini-audit on what’s coming up the next week. And what can I do to support him. We are currently sharing my car while his is in the shop, so this has become even more important although outside of church and a meal out every two weeks, I rarely leave the house.

What one limit would make the biggest difference where you live?

Pre-Planning for Black Friday Purchases

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My husband and I sometimes joke that I missed my calling – with as much as I love crunching numbers, I would’ve been a great accountant or financial planner! 

I run a pretty tight ship with regards to our finances. And I’ve gotten pretty good over the years at anticipating and planning for those once-in-awhile type of expenses. I have a “semi-annual fee” budget line where I save a flat rate per month to help cover those one-off expenses that come up. This includes things like our annual Costco membership, our quarterly HOA payments, our biannual car insurance payments, and here lately, I’ve added another thing to the list: savings dedicated to Black Friday purchases.

Now, this isn’t those gift-giving type of purchases (those come from a separate part of my budget specifically set aside for gifts). This is for household purchases that are cheaper if purchased during big Black Friday promotions and sales. The thing that’s brought this up is our Water Filter replacements and our Reverse Osmosis filter and membrane replacements.

At first glance, this may seem a silly item to budget for and plan to buy at Black Friday time. But I’ve been watching the sales for long enough now to know that the biggest sale, by far, is at that time of year. You can find a 5% or 10% off coupon once in awhile. But last year for Black Friday, Dupure had a 40% off site-wide sale. And if you are familiar with reverse osmosis systems, those filters and membranes can get PRICEY! I’m talking $121 for the outer filters (required annually), and $169 for the membrane/inner filter (required once every 3 years). This is the year we have to replace all the filters, with a price tag of right at $300! You better believe I’ll be waiting for the 40% off sale instead of buying right now.

I’ve also been looking at products I use for skincare. Sometimes you can find little discounts, but last year at Black Friday time was the only time I’ve seen a 25% off coupon for a specific brand I really like.

The same is true for the yoga studio where I practice. The only discounts they offer are for new client sign-ups. But once a year they offer a sale on pre-purchased packages and – yep – it happens to fall right around Black Friday time.

Now that I’ve noticed and paid attention to these sales and know how much these items cost, I’m going to add them to my “semi-annual” budget so I can save and account for them. It’d be a lot of money to drop all at once at the end of November if it wasn’t planned out in advance! And with Christmas time coming up, I likely wouldn’t be spending extra money on things like skincare and yoga memberships. But again – if I plan and save up in advance, then it’s no big deal when I make those purchases because I know I already have the money sitting in an account ready to cover the expenses.

It’s easy to do once you’ve been tracking your spending for a while. I simply add up all of these “semi-annual” expenses across the entire year, divided by 12 months, and that’s how much I need to save per month! For me, it comes to about $350/month. Then I use this as a revolving account. I spend when expenses arise, and I replenish with a new $350 every month! 

When the really expensive months arise (like our car insurance, which costs $858 every 6 months), I don’t have to stress about it being a high-spending month. I pull from my savings to cover the cost (over and above the $350 that I budget), and the next month when I have no semi-annual bills due, I put the entirety of the $350 back into the bank to save back up again.

It works great and relieves so much stress from when I used to “borrow from Paul to pay Peter” (which trust me – I’ve had to do in the past!)

I know lots of people anticipate irregular expenses, but I wondered if anyone else has done this method of anticipating Black Friday purchases (not gift-related purchases, but the more typical household type of purchases) and specifically budgeting and saving to make those purchases at a time when big sales are typically in effect?

 

What types of things have you noticed go on great sales for Black Friday that I might want to anticipate for the future?