So after some thinking, I have changed my budget for the next month an a half. Debt repayment will have to take a back burner while we sort out this tax issue. So far I have found $680 to apply to the $4000. Plus $1200 that we should be getting for our unemployment taxes in the next couple of weeks. That makes $1880.00. And we could potentially have another $300....which would take us up to $2180.00. I don't know that we can find another $1820.00 in a month, but we are tightening our purse strings, belts, shoes, and anything else that will tighten, so we can squeeze some money out. If we didn't have a little bit of a bonus pay period, I don't think I could find as much as I did. I'm sad that I cannot pay all of this to my debt. But if we can do this to pay off the taxes....then we can do it to pay off the little bit of debt I have. It has really been an eye opener. This next month will not be fun....but I will do almost anything not to owe the IRS.
Archive for February, 2013
Oh SA friends...when I tell you I am shaking in my boots....I can hardly stand it. We are going to owe taxes. I have found as many expenses for deductions as I think I can. And I think I have a big $4000 staring me in the face. I feel sick. Luckily I paid too much on our Unemployment Taxes for the business, so we will get $1000 back. But that still leaves $3000. I have learned a lot from this. Including how important it is to make sure we put our self employment taxes back. But I really thought we would get money back. I assume the IRS will let us do payments??? But how long will that take???
Not a lot going on today. I did get my Walmart Ebates card yesterday. I also have a $5 Walmart GC that I forgot about. So I will be using that $15 towards my groceries this week. My goal is to spend $60 or less! (Including toilet paper, paper plates, and I will have to buy some meat.)
I am going to meet a friend for dinner tonight. I found $10 in a coin purse, so I am using that to pay for it. So it should be a good time and I don't have to worry about paying for it.
So, since we live in the country now, I am taking advantage of the land and starting a garden. It will be small...at least until I get the hang of it. I am doing:
Most of these are items I buy on a weekly basis so if I can grow them myself that would be great. I started the seeds inside a couple of weeks ago and I HAVE SPROUTS. Its pretty exciting and I realized that I really enjoy it. Prepping the land, working with the soil, watching them grow. Kind of theraputic.
And today I spent $5 on something. It was a total waste of money. And I feel dumb for doing it. Why would I just waste $5 of my $11? Impulse! I've got to learn to move past the feeling. Learn to ask myself...Do I need it? Total "Doh!" moment.
I am really looking forward to having no debt. It would feel great to have extra money at the end of the week. I filled up my gas tank and kept an extra $10 just in case. I have our mortgage payment ready...paying extra. Have to pay misc bills, buy dog food, and our $20 out to eat splurge. I'm left with $11. Even putting a tiny bit in savings. I just can't wait until I don't have debt.
So very randomly my sister asked me to house/animal sit. I have to stay overnight 2 nights, but she is willing to pay me $150.00. Interesting that the cost of my brake repair happens to be about $150.00! So we will be taking the money from Savings and replacing it in 2 weeks after I complete the job. I'm still not ahead, but at least I am not behind. And luckily I didn't have to try to shave off more from my budget these next couple of weeks.
But in 3 weeks we have an extra pay period. Although, it really isn't extra. But there will be a little bit of wiggle room. I'm going to add a little bit of a cushion to my jars, put some in savings, pay extra on my credit cards, and maybe have a little leftover.
And our shop is getting busier. So maybe I can start to pay myself just a little bit. HOPEFULLY!
Ok...so I had $30 of the $79.00 Annual Fee set aside. Instead of sending the whole $30.00, I sent $15 and put the other $15 to the credit card my step daughter used. Since the Annual Fee was credited, I am still up an extra $15.00. Hope that was the right decision.
I made it to work today with my gas light on. Luckily I was able to put a very small amount in using my work's credit card, which should last me until tomorrow afternoon. At that point I can just fill up instead of Friday morning. Let's hope that plan works out.
And today is a NSD. The fact that I have nothing to spend probably has a lot to do with that. But I'll take it.
I have not been at my best the last few days. Lots of bad choices....too much money spent and the need to spend more money.
My step daughter was with us this weekend. I ended up having to give her my credit card to buy lunch and gas....my husband didn't put gas in the truck on his way home. So that was $30 that I didn't plan on spending and definitely didn't plan on putting on my card. And I have zero extra right now...so I am going to see if by Friday I can come up with a way to shave $30 off my budget. I already tightened the budget to come up with the extra money for the HSBC card. Maybe I could split the extra money between the 2 cards? Still make extra progress on HSBC and pay part of the other money back?
Also realized now that I need new brake pads and rotors. Pads on front and back. Rotors just on front. It will cost about $150 (husband can do the labor). I haven't started an Auto jar, so somehow I have to come up with it. I really don't want to take it from savings because we only have $1184 in there.
And my mom had to go to the ER yesterday. So my plan of being extra careful about driving this week isn't going so well. I had to drive from my work to the hospital and back home. The good news...my mom is ok. (Just stress) The bad news...I have a quarter of a tank of gas to last me until Friday. Its Tuesday... and there is no way.
So....I don't know. I can only throw a pity party for so long because I am in this position because of decisions I have made. And I know it could be worse.
I just wanted to post a picture of our Giant Cow. Some of you may have missed on Carolina Girls entry the other day, but I posted our Valentine's Day tradition. My husband proposed to me on Valentine's Day in front of a giant cow statue. So every year we go back to the cow and think about that day. So I just wanted to share the cow. Happy Valentine's Day!
Talked to HSBC today. Asked for my annual fee to be waived. He said no. So I said..."What is the benefit of me having this card? You won't lower my APR. I have to call long distance to talk to a person. And you charge me a $79.00 annual fee." So he agreed to give me a credit for half. Which helped. Then he said he went ahead and credited the WHOLE THING!! So if I still come up with the $79.00 then I will be further ahead. WOO HOO!
Ugh! Somehow I had forgotten that my stupid HSBC card has an ANNUAL FEE. UGH! And its $79.00!!!!! How am I ever going to pay this card off? Soo....its not a great plan, but I have tweaked my budget (which is very tight right now!) so I could come up with the $79.00 by the time it posts to my account in March. So I won't be ahead, but at least I won't be further in the red. Jeez!
Sent my found money to my credit card this morning. I know $15 isn't a lot, but I know if I keep doing that, I will knock it out. My Ebates total is only up to $9...not the $11 I was hoping for. But still...there is another $9 I can send to the card.
I think I am about to give up on Swagbucks! I watch the Swag TV and try to do surveys and do the daily poll but I only have 144 points!!! I just don't get it. Maybe its just not meant to be. Or maybe I am not doing enough? I have never met my Daily Goal...ever. I think today it said my goal was 90! How do you get 90 points in one day????
We survived dinner last night. I was able to pay for my family's dinner plus split my mom's check with the cash I had. No extra left over, but at least I had enough!
I bought some household items yesterday on drugstore.com through Ebates. I think I will get another $3.00. Add that to the $8.00 I already have - that's $11.00 I can put towards the credit card when I get the check!! I also decided to split the "found" money from yesterday. I will put $16.00 towards the graduation savings and $16.00 towards the credit card! I am kind of liking these snowflakes!
This week will be really tight. After everything is paid (or budgeted) I will have $6.00 left. Not much wiggle room at all on this one. But at least I am in the black (at least for the budget).
Well, I came across an account that I had and it has $33.39 in it. Not sure if I should 1) Treat it as a snowflake and put it towards debt repayment 2) Put it towards Savings or 3) Xfer it to my step-daughter's graduation savings or 4) Stick it in checking to add the cushion. So many options for $33.
And my mother invited us 2 days ago for a birthday dinner for her husband tonight. *Sigh* I didn't have money budgeted for that. And we already used my $20 out to eat allowance for the week over the weekend. And unfortunately the place we are going is not the cheapest...about $15.00 a person. So I cashed in some change and came up with $45.24. And I signed up for their email club and got a $5.00 coupon. I am hoping the 3 of us can eat fairly cheap and maybe I will have some left over?? And at least I will have leftovers for lunch tomorrow?
Day 2 of the fruit cleanse. I have a little bit of a headache, but overall its going ok. I am pretty hungry though! I am taking this time of cleansing to also think about money and taxes and life. There is so much I want to achieve!
Nothing new on the finance front. Everything is paid...and I think I have $7 left again until Friday.
This weekend was so busy. I cleaned all day Friday. Hand scrubbed all the floors and baseboards....just really cleaned. Saturday I worked at our shop all day. Then Sunday I cleaned more. I finished all but one room! So today, my plan is to clean that room, do my 19 minutes of cleaning the rest of the house, do yoga, and tan before my husband gets home at 6:45. As for tanning, I don't pay for a membership. My neighbor/friend has a tanning bed, so I am just going to walk over there and tan.
I should have NSD for the next 2 days. My husband and I are doing a fruit cleanse, so I can't eat anything other than what I bring with me. Unfortunately I had to buy some things this weekend, so won't have the cushion I was hoping for. But I still have my lottery winnings to either put towards savings or debt repayment. Luckily it hasn't melted yet. But I want to do something quick.
I also saw on Ebates that I will be getting $8.11 back so far. Plus my $10 card for signing up. Hopefully I can use Ebates to buy my household stuff and then use the checks to put towards my credit card.