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Archive for April, 2018

I Sold A Box

April 28th, 2018 at 09:12 am

Did you know that empty boxes for electronics and other collectibles are bought and sold on eBay? I just sold one for a console game. My net proceeds are $8.27 for something that was taking up room and I was considering recycling.

I know some people who buy and sell would say to keep the box, but honestly, we keep electronics so long that by the time we are selling for a few dollars the box isn't going to make a big difference in the price we gain.

I decided this one was taking up too much space and since I have no idea when we would sell or get rid of the actual electronic game, it was time to go.

More money in my pocket!

Money Magnet

April 26th, 2018 at 03:22 pm

Geez! Our oldest daughter is a money magnet as of late. This afternoon she was presented with a $600 scholarship for leadership in marching band. It was the first time this particular scholarship was given out. Smile

We feel so very blessed.

In other news, I gave away $50 to ethical science research. I'd like to give more and likely will, but I did this on a whim. I need to discuss future donations with my husband. Smile

We ordered our tickets in advance to see Avengers:Infinity War on Sunday morning. We have never ordered in advance, but noticed it was $1.00 surcharge per ticket which seemed reasonable to save time. When Black Panther came out we went nearly an hour ahead of the time and that showing was already sold out. This time we'll go early to get good seats, but we will already have purchased tickets.

ANOTHER Scholarship

April 23rd, 2018 at 04:27 pm

Wow! My daughter is a money magnet. She has now received a scholarship for summer classes. It has the same name as the big scholarship she currently has, but she didn't receive it last summer. It is possible that was because she was half time, just one three credit hour class. This newest scholarship is worth $2,800. The total summer bill is $4,768. I was expecting just under $4,000, and have been saving monthly to pay this. I figured out that I didn't remember to add up all the fees, or to figure that one of the classes (a business class) is a higher tuition rate. So now our portion to pay, due June 12 is $1,968.

I also had her apply for a summer grant worth up to $1,400 for summer. I'm not sure she's actually eligible as an out of state student, but it let her apply. That, or a portion, would be very helpful.

I will keep the extra $2000 I will have saved by mid June for future college expenses. Although it is honestly tempting to put it into our Big Goal. Smile

A Gift and an Injury

April 21st, 2018 at 06:44 am

My parents send my husband and I a $100 check every year for our anniversary. This year was no different. We usually save the money, rarely making a purchase. So yes, we deposited that money into our savings account to count towards our Big Goal.

As far as other snowflakes, I redeemed Amex rewards equal to $25 this week. I also transferred $3.49 from a small eBay sale to our savings account. I have two items I need to list to hopefully bring in a few more dollars.

I got a call from my oldest daughter yesterday with concern she may have fractured a bone in her foot. It was a goofy thing where her foot got trapped between her chair and her desk, so a bit crushed on the side of her left foot. She iced it and went to bed. Woke up and found it very painful to even walk. Somehow she managed to hobble around campus, and late in the day went in for an xRay. Luckily no break or fracture, just a bone contusion. So she has instructions to rest, ice, and elevate. My mom gave her some Ace bandages to use for compression. And the doctor said she could take up to three ibuprofen for pain. My daughter was shocked at the dosage suggested. She is one to stay away from all drugs as much as possible.

About two weeks ago, we realized our daughter was dropped from our insurance because she turned 21. Luckily we got right on it and updated her information to show she is enrolled full time in college. But then yesterday, I questioned my husband that it really did take effect. Initially, it seemed that no it had not. He did some sort of online enrollment and then did get a letter emailed to him before she arrived at the clinic. The visit is free at the University Health clinic (up to five per year), but the xRays will need to go through insurance. She has a $150 deductible so that will need to be met before insurance pays. It is worth it for piece of mind, knowing she didn't break it...just felt like it!

It's a beautiful day here, were going out for a hike! Enjoy your weekend. Stay frugal and healthy.

Another Scholarship!

April 17th, 2018 at 06:24 am

My oldest daughter has a four year scholarship worth $14K per year, along with a $500 Honor's Scholarship. She also had another scholarship her freshman year (worth $1-2K). These have helped tremendously the first two years since we pay out of state tuition. This year, her third year, the Post 911 GI Bill has paid the difference after scholarships, along with a book and housing stipend. We have paid very little out of pocket this year. I need to do an update on that here soon.

We have been notified she is receiving an art scholarship next year worth $1500. This will be divided in half, so worth $750 per semester. This is most significant for the spring semester, as she will not have Post 911 GI Bill benefits to use, thus everything after scholarships is ours to pay.

We expect our daughter will be going an extra semester (Fall 2019) because she is a double major. That semester will be the most expensive, or possibly the least expensive. Scholarships will have run out (unless awarded a new one), thus the entire out of state tuition will be on our shoulders. She has been averaging 17 credit hours a semester, so the cost could be almost $20K. We do not have the money now and expect her college funds to be depleted by then. We are starting to think it would be in the best interest to move more of my husband's Post 911 GI Bill benefits to our oldest daughter just in time for her final semester. And then that benefit covers the entire tuition!

Our youngest daughter will be receiving in state tuition. Yes, her college is in another state. Smile Her tuition after scholarships is $3500 PER YEAR for the first two years, for 12 credits or more. The remaining two years will be higher as an engineering student, around $1500 per year, or $4500 TOTAL per year. Again, this is not including housing. Honestly, we can totally cover tuition out of pocket for her even in those higher cost years.

Our thinking now is to move more of the GI Bill benefits to our oldest daughter because the benefit to us financially is much higher.

At any rate, just excited our daughter was awarded a scholarship! Part of it will benefit our us directly, the other benefits the US taxpayer...paying less out of the GI Bill funds to the university.

In other news, received $10 Diamond Class Action settlement. Apparently enough leftover funds from several years ago to make another payout! I also sold a book on eBay last night, so few extra dollars there.

I sort of felt like a money magnet yesterday!

Rewards, Sale, Savings

April 16th, 2018 at 04:39 am

I've added some more cash to our Big Goal. Our plan is to add $108 per pay period. I keep forgetting when I do our budget in YNAB, so then I have to go back in and make adjustments for it to work! This is money from my husband's raise this year. We also save last year's raise. So we are still living on 2016 income!

I think I will switch this to an automatic savings transfer, then I can have automatically set up to record in YNAB as well. I can't let this money disappear into our spending!

I made an eBay sale last night. Net proceeds about $11 on something we no longer need or use. It had been listed for awhile, but I was okay waiting for the right person to come along.

I redeemed $22.99 from our Chase Freedom account. Cash will be deposited into our bank account in the next day or so.

Happy to have cash flowing in and the ability to save it.

March Snowflakes

April 10th, 2018 at 04:54 am

I just reviewed the snowflakes we received in March. Here's a breakdown:

$3.53 eBay proceeds (our portion, daughter received more)
$25.00 Amex reward
$20.00 Amex offer
$18.00 Rooms to Go settlement
$66.53 Total

Not much but it does add up!

On that Amex offer, we made a purchase at Boxed.com and received a credit on our Amex statement. I simply moved money from the Household Expenses category that would have been spent without the offer and put that money in the Big Goal category.

For anyone new, snowflakes is just a term for extra money. Since many people snowball their debt payments, finding extra money to add is a like adding some snowflakes to the snowball. We are debt free, so we simply add our snowflakes to our savings goals.

Over $100 in Interest

April 9th, 2018 at 11:32 am

I'm a bit behind reporting!

Our March interest earned on our cash savings was $105.96! I actually think this was the first time that has ever happened. We've been close, but not over. I think it's because I moved about $16K to an account earning far more interest. Wise move I made it seems. Smile

We have a CD that comes due this month. I need to think through about rolling it over. We could move this year (as early as October). I expect we will rent, but if we don't...might need that cash accessible. Something to be thinking through in the next couple weeks.

Edited to add: We can roll this money into other CDs we already hold at Navy Federal. They accept new money at any time. I think it may be worth rolling it into one that matures in June at the very least. I think this was my plan all along. Smile

Spent Some of That Vacation Budget

April 6th, 2018 at 07:15 pm

I finally got my rear in gear and made some airline reservations! I booked my daughter's trip home for the summer. We always do this one way since we don't know exactly when she plans to arrive on campus for the fall. This usually works out in our favor with decent one way tickets. This one cost us $155.

Next I booked our tickets to travel back to the last state we lived in. This is where our youngest daughter will go to college in the fall. I don't disclose exactly where we live because my husband is military and has asked me not to. Smile Our daughter has orientation at the end of June for two days. We will leave on a Friday, have a free Saturday, orientation on Sunday and Monday, and then a free day on Tuesday before flying home on Wednesday morning. Our oldest daughter is coming with us in hopes of seeing some old friends. The airline tickets cost us just over $1,600! Now you can see why I needed to be adding to the vacation budget this year!

I will need to book hotels for five nights AND get a rental car. I think at least three of the nights we may book at a hotel with a kitchen, so may just eat in those nights for dinner and have breakfast provided by the hotel. That will help quite a bit. The good news is I have one free night at Marriott as well as points we can redeem. So it appears we may only need to pay for one night out of pocket. I also looked briefly at rental cars. I have some discount options to consider, but guess at least $150-$200.

We may also do a test run of the shuttle my daughter will take to get to and from campus to the airport on her visits home. She will not have a car. We expect a trial run, may help ease any anxiety about the process. This will cost us about $59 for two of us one way. Not exactly frugal, but helpful. We may change our minds on this, but right now seems like a good option.

Vacation Budget Status

April 2nd, 2018 at 11:55 am

I think I mentioned we are likely to need to do some travel this year, primarily to visit our youngest daughter's college for orientation in June and later in the summer to move her in. I also need to buy our older daughter a plane ticket home in May. I should do that any day now. And we are also planning a small trip to the mountains this summer as a family. We will drive, but will need to cover fuel, hotels, food and activities.

I was able to add $500 this pay period to the vacation budget. We now have $3,427.56!

I don't have an exact number we need. I suppose I should start estimating that! It's starting to feel like a lot of hotel nights! We do have some points with Marriott, so will likely use those for some of the nights we need to cover. May need to get creative for other nights to pay the least out of pocket, but within our comfort zone.

I expect to be able to add more money as the weeks go by!