Creditcardfree's Personal Finance Blog

I need to talk with my husband first, so this idea isn't yet a done deal. I'm considering increasing the deductible on our homeowner's insurance from $1000 to $2000 or more. The savings could be over $150 per year. It's not a lot of savings, but it is money we could keep in our pocket. We do have nearly $20K in our emergency fund so I don't have any concern in meeting the deductible. Why pay more than we need to, right? Any thoughts on whether this is a good idea?

I just wrote a new post on

Our Money Blog about reviewing expenses. It's likely something you all know and do anyway, but I think it is a good reminder to really look at where our money goes.

Today was a no spend day. No purchases were made online. School is on again for tomorrow. I have now completed seven days of green smoothies. Yippee!!

I purchased some ear buds for my daughter on Amazon.com the other day. I still have credit from Swagbucks earnings, so no money out of pocket. But since I put Swagbucks earnings to the mortgage I had to match that purchase with a mortgage chip. It was $7.80. Little amounts add up!

I'm anxiously waiting for our Chase Freedom account to close. When it does I expect to see rewards equal to the bonus offered for opening this card. I believe it was $200...for spending $500 on the card. That's a very nice return.

There are some rebates I'm waiting on as well, one for $50, one for $18, and nearly $30 from Ebates. I know the Ebates one won't arrive until February. I do hope those others arrive this month. I want to make a big dent in our $4,000 snowflake goal early in the year.

We aren't quite to our spending minimum for the current credit card bonus, but I came across a mailing for a US Bank Visa. The offer is $100 for spending $500. There is a bonus of $25 once per year, so really $125. It expires January 13. I will likely jump on this one, since I have never done a US Bank offer. I'm also aware of the $150 offer by Discover for spending $750. My husband and I could both do this one. That would be another $425 for spending $2000. Again...a pretty good return.

I think today will be another no spend day, since I'm home with the girls. How about you? A no spend day?

We don't pay interest on any credit cards, we pay our balances in full. We are charging only purchases we would normally make to get the bonus offers credit cards offer. The bonuses are being applied to our mortgage to pay down the balance. Please do not attempt this type of plan if you are paying interest on your credit card debt.

Now I know what is like in the Arctic! I did go out mid afternoon to put the trash and recycling out for tomorrow morning. I also ventured to get the mail one house down and across the street. Luckily it was a quick trip!

I received money in the mail. A $10 Visa gift card as a rebate for something I purchased at Kohl's in November. I wish it was a check, so I could just deposit it. I have to buy something to make it count now. I will match my savings on a purchase with a principal payment on the mortgage.

You would think not leaving the house would make a no spend day, but no. My daughter's are finally reaching the end of the usable life on their Nook Color chargers. One doesn't work at all, and the other is hit and miss, on whether it will charge or not. I found one on Ebay for about $18. The seller has already notified me that it has been mailed at the post office! This purchase will give some more life to their Nooks.

My frugal happening today was eating leftover turkey soup that I made yesterday. The soup was made from Thanksgiving turkey I had put in the freezer. Tasty and toasty warm! I found two dimes in my husband's work pants, as well as a receipt for a $2 item that we need to return.

Since our windchill temperatures are going to drop near 40 below zero, the schools have cancelled school again tomorrow. This is the longest winter break we have ever had. It has been very relaxing to just hang at home, get organized, and get things cleaned, but I'm not looking forward to that electric bill next month. The only plus is that a bigger bill will help meet our spending goal for the credit card bonus.

Did you stay inside today? Did you do anything frugal? Was there any money in your mailbox? Did you buy something online?

I increased my husband's TSP contribution from 7% of basic pay to 8%. It is the first time I have increased this in awhile. Last year was a big bump in our Roth IRAs to meet the new maximum contribution of $5,500 each.

This year, I wanted to make sure that 1% raise was saved. It means another $800 saved for the year. Might as well save it for retirement and make it count for more later.

Are you increasing your retirement savings? Did you pick a dollar amount, or a percentage? Are you saving in a work retirement plan, an IRA or both?

I set up my challenge money to automatically transfer to my Capital One 360 account. And right on schedule, a couple days ago, $57 was deposited. This can be considered deposits for week 6 and 51.

The balance in my Challenge account is now $124. I did start in early December and have larger amounts going into the account than those starting from week one or two. So far this goal is on track. Yea!!

I'm having my green smoothie for dinner while the girls have pancakes. That will make four down, 27 to go!

Today's frugal happening was unplugging the last of the holiday lights that were on a timer outside. The only outing was a trip for our weekly groceries. I expect we will not be going anywhere for a couple of days with the really crazy cold temperatures heading this way. That will say on fuel for the vehicles, but I'm sure we will be using plenty to keep the house warm. Ack!

What is the balance of your 52 Week Savings Challenge account? Is your money in an account, or in cash? Did you do something frugal today?

Our regular mortgage payment posted yesterday. The principal portion was $448.88. Yes! Less debt.

I just sent off the snowflakes we have accumulated in the last few days. A big snowball of a payment in the amount of $151.43!

Here's where those snowflakes came from:

I update my tickers at the end of the month, so you won't see a change there for awhile.

In other goal news, I have had three green smoothies. Just twenty eight days to go. The last two days I have had pineapple in my smoothies, which I found to be very refreshing!

How are your New Year's goals coming along? Progress yet? Are you still working on goals? At least one financial goal is a good start. If you work on one you can be very focused!

I've been been busy being lazy with the family home for the holidays. I've written some posts, but I haven't paid bills for January yet...so I am slacking with my financial life. Most things are automatically paid, so no worries.

The good news is that I checked our Capital One 360 accounts today and found money!! I had a deposit of $60 which is bonus money for my Black Friday referrals. My husband had a deposit of $75 in his savings account for meeting the opening requirements on that account.

There were also two $4 checks in the mail from Vanguard today. It seems sending in $167 per month for 12 months actually exceeds the $2000 maximum contribution limit for Coverdell accounts. I think the year before I made an adjustment to one of the contributions to avoid this problem. I should just make the monthly amount $166.67. Or at least set up a reminder for January or December to make the adjustment to the amount. I'm counting these extra funds as snowflakes.

We rented another movie last night using Amazon credits, so I will match the amount and send that to the mortgage. It was $4.99.

I believe our issue with Honda is resolved and it seems we get a deal as a result. The issue was a faulty oxygen sensor. We paid out of pocket and then when I mentioned it here a reader (snafu, I believe) wondered about it being covered under warranty. We have Honda Care and yes it should have been processed with them. The dealership has cut us a check which my husband picked up today. We thought a swipe of our credit card would have been easier, but because we are claiming after original transaction the dealership needs to show a check to Honda Care. The nice thing for us is less money out of pocket for the repair by over $300 and we get the benefit of having this amount show up on our credit card and count towards our $3,000 spending requirement!!

I haven't moved all my snowflakes around or made a payment to the mortgage yet, but I'll get to it soon. It's just nice to know I have some money to put toward that goal already!

First of all, I did drink my first green smoothie for 2014 today. One down, thirty to go!

New Year's seems like a great day to get our official financial goals down in print. There is still a possibility to tweak, but here is the plan right now.

1) Accumulate $4,000 in snowflakes from any source other than my husband's income to help reach our mortgage principal reduction goal.

2) Pay down $13,992.99 in mortgage principal. This will bring us to an even balance at the end of 2014 of $X15,000.

3) Save $50 per month to be used for Christmas gifts.

4) Save $57 twice per month towards the 52 Week Savings Challenge. The funds to be deposited in my Capital One 360 Savings account.

4) Save $167 per month for each daughter for college, which is $2,000 each or $4,000 for the year.

5) Save 8% of my husband's basic pay in his TSP. This is a 1% increase from last year.

6) Save $458.33 each month for each of our Roth IRA's. This will meet the maximum limit allowed.

7) End 2014 with $20,000 or more in our emergency fund. As of January 1, we are at $19,909.05.

I feel pretty good about these. Several are easy. College and retirement have been automatic for several years, so they will not be difficult. The real stretch is finding $4000 or more in snowflakes and meeting the mortgage goal. I'm up for the challenge!

Are any of your goals going to be a stretch for you? Did you make financial goals?

Did you know the S&P 500 Index was up 29.6% this year? That is not normal, but it is good! We've been investing for over 20 years. It actually seems we should have more, but only in recent years have we been able to contribute the maximum amount to our Roth IRAs AND contribute to a work retirement plan.

This year we each invested the full $5,500 to our Roth IRAs. My husband also contributed 7% to his TSP. Our total retirement contribution was $16,241.60. This is 17.3% of our gross income.

Our retirement balance at the end of December 2012 was $188,290.18. This year with our $16K+ in contributions and the growth of nearly 30% in the market we end the year with $265,208.05!! I'm humbled. Truly humbled. That is an increase of $76,917.87. Over $50,000 in growth.

I have records of our balances all the way back to May of 2003. At the end of that year we only had $33K invested for retirement. I disclose this so you can see how continually investing can change in a relatively short period of time. There have been ups like this year, and some really bad years. In fact, I did check once in 2009 and our balance had dropped to $67,000. Yep, there wasn't even a 1 in front of that number back in 2009. Stocks are volatile, but retirement is a long term goal. In my short experience, it seems better to be IN the market than out.

Were you invested in the market for retirement? Did you just start investing? Will you invest next year? I know we will!!

December was a very good month for snowflake earnings. It seems there were lots of sources this month, too. All $311.99 went to pay down our mortgage balance as planned.

Here's where the funds came from:

I simply keep a running tally all year long in a spreadsheet. I will add a new sheet to track 2014, so I can compare this year to next year.

Oh and this year final total was over $3K, when I include the snowflakes I saved for Christmas and the snowflakes we sent to the mortgage. Grand total for 2013 is $3287.73. And the bulk of that did arrive in the second half of 2013, so I really think my $4,000 goal for 2014 is very possible.

What was your 2013 snowflake total? Share. Any amount is a great thing! Maybe next year you can exceed this years goal.

Thanks to an SA reader here, I earned a $5 referral because they signed up for Ebates using my link on the sidebar. Thank you!!

That money won't actually be in my hands until February since Ebates only pays out four times per year. I'll take it when it comes though. In addition to the referral money I have another $24.35 pending in rebates for some recent shopping I did during the holidays. That extra step of going through the Ebates site does pay off.

Click the

link on my sidebar, if you find yourself doing any online shopping today. I actually get a bigger bonus if one more person signs up today!! So I have my fingers crossed here, that someone has some shopping to do and wants cash back for doing so.

This tip is not about health insurance. It's a little tale about a conversation we had with my husband's sister and husband on Christmas about cell phones.

They have a family plan with Verizon that includes themselves, two daughters with smartphones, a son with a dumb phone, my mother in law, and my brother in law's parents. I'm not sure what types of phones all the adults have. They have a contract plan and are paying $5/month...per phone for insurance!!

If you do the math on that, they are paying $40 ($5x8phones) per month just for insurance. They likely will pay that for the 24 month contract, which ends up being $960! Yikes. I did tell them about my sister's husband who needed a new phone while still on contract. He purchased a phone on Ebay that he could use with his cell phone provider. I think he paid about $100. Even if my sister in law need to buy a new phone for everyone on their plan at that price they would be better off then they are with paying the $5 insurance for everyone's phone.

Businesses make big money buy selling insurance for replacement products. The odds are usually low you will need it. I think it is better to simply rely on your savings if something happens to your device.

This is a bit unrelated, but an example of thinking outside the box when something breaks. My husband's laptop screen broke a couple days ago. He left his ear buds in between the keyboard and screen with the screen propped up. One of our daughters bumped into it and the lid closed with a pop. Oops. The computer works great even thought it is a couple years old. We went browsing online to see about screen replacement. Yep, sure enough, it is an option. It is pretty easy to replace a screen. There was a video on the site we purchased from explaining how to do it. We did pay just under $70 with shipping for a replacement screen, but that is far less than buying a new computer!

Do you self insure with electronics, or pay a fee for insurance? Have you replaced a computer screen, or other part to save from buying new?

Our mortgage is our only debt. My goal is to pay down more principal than if we just made regular payments. I've already mentioned that all my snowflake earnings for 2014 will go to pay down the mortgage principal. I hope to get $4,000 from that source alone.

Our housing allowance from the government is increasing by $102 tax free dollars. I will apply this money to the mortgage pay down goal, which is $1,224.00 for the year.

As of today, the mortgage balance is $X28,992.99. My goal is to get that balance to $X15,000. This means I need a total of $13,992.99 in principal payments to meet the goal by this time next year. If we just made regular payments we would pay off $5455 in debt.

Even with the sources of pay down mentioned above, we are still $3,324 short of meeting the goal. I either need to find plenty of other snowflakes or simply find room in the budget to pay off more debt. I think there is definitely room in the budget. I will work on this in the coming days to see how it might be best to go about this. Part of me wants to just wait until DH gets his raise, and then it is no problem, but I think that is me being lazy!

Another big goal, right? If I don't make a specific plan, I'm pretty sure the whole idea will be put to the wayside and forgotten. And that is not what I want. I want to make a big impact in our financial picture this year!!

Is paying down your mortgage a goal this year? Are you specific in how you will accomplish this? Maybe you have another debt you looking to reduce, do you have a clear plan for getting there?

I already know what my snowflake goal is for 2014. It is big! Last year, my initial plan for snowflakes, or money from non income sources, was just $750. I actually exceeded that goal by 4.5 times!! I just wanted that $750 saved for Christmas. I hit that amount in early June. It seems flakes snowballed from there. I would say primarily from credit card bonus rewards. Who knew I would jump on that?!

So the big 2014 snowflake goal is $4000.00. No that isn't a typo! This will be about a 17% increase in my 2013 total, which I will disclose and update at year end. It does feel like a big goal. A stretch for sure, but I really do believe that big goals can be reached, and so often exceeded!

This year, I will be putting all snowflakes towards paying down our mortgage balance. I will still save for Christmas, but that money will come from our regular income. I didn't need $750 this year. Next year, I'm looking to save $600 for Christmas. I will just set aside $50 per month. Easy. Simple. Done!

I know some of you are going to start tracking snowflakes in the new year. Does anyone have a goal for the amount they want to accumulate? What will your snowflakes be used for?

I received $25 from Swagbucks and $25 in USAA rewards this week in our checking account. I used the $10 Target gift card towards groceries this week. And we spent $2.99 in Amazon.com credits to watch a movie online last night.

All the funds above total $62.99. I sent that amount to pay down the mortgage principal. That might be the last one for the year, but I'm open to a few more snowflakes if they fall before the end of the year.

With this last payment it has pushed our mortgage balance under another $1K milestone. So the balance is now like this $XX8,992.99. I think we will be able to get at least that $8K plus change paid off this year....and probably a little bit more. I'll update the goal and plan on that soon.

We are still working on getting our recent repair on our van covered and paid by Honda Care. My husband is going to walk into the dealership today to get it taken care of. Fingers crossed. We don't have any reason to think it won't be covered. They didn't have our Honda Care information, and just seemed to be too busy to handle it when we called last Saturday.

Any one new going to track snowflake money next year? Will you use it to pay down debt, save for a goal or both?

I sent $12.99 in snowflakes to the mortgage today. Nine dollars was from three recent Pinecone surveys. And $3.99 matches the money we used from an Amazon gift card from Swagbucks to rent a movie a couple nights ago.

I redeemed reward points on USAA for $25 cash. I expect it to be in our checking account in a couple of days, and then I will send it to the mortgage.

We had an interesting experience at Target yesterday. We were purchasing groceries. The cashier took a coupon, and scanned my cartwheel barcode. However, she forgot to give me the extra 10% off the store was offering or my bag discounts. I think when she tried to give those, after the cartwheel, it locked up her entire computer! We ended up at Guest Services with our cashier scanning our groceries again. We did get all of our discounts: Cartwheel, bag discount, coupon, additional 10%, and 5% for using our Red Card. We also received a $10 Target gift card for the inconvenience. We ended up paying about $108, with an original total of over $135. It was a very good experience overall in customer service.

I also went out spending a Kohl's last night. I was in need of a down alternative comforter for our guest bed in our basement. It gets cold done there! The original price was $89. We had a $10 Kohl's coupon, plus 30% off. I convinced my cashier to let me use my American Express card to pay for the purchase, even though I should have only been able to use my Kohl's card. An offer on AE, will provide me $10 since I made a purchase of over $50 at Kohl's. In the end I paid $59.91 with tax, and will get the $10 credit from American Express. I also received $10 Kohl's cash to use after Christmas. Not too bad!

I don't expect to be on the blogs for several days because of holiday gatherings. Happy merry making!

I set my modified 52 Week Savings challenge to fund itself automatically. I wrote about that and the benefits of automatically saving for a goal on

Our Money Blog, if you are interested in reading about that today head on over there.

Today I wish I could automate my grocery shopping! We are hours away from getting a pretty big snow storm of up to 9 inches of snow. And this follows the ice storm we had yesterday. I need to get out to get a few days of groceries, plus the items I promised to bring to our holiday gatherings.

We attempted to call the Honda dealership about the repair of the oxygen sensor earlier this week. Honda Care indicated it should be covered, and that it is best to get the benefit through the dealership rather than be reimbursed. The dealership didn't seem to want to deal with it on a Saturday and simply took the information and said they would get back to us on Monday. This might end up being a bigger hassle then expected, but we are pretty sure it will get worked out in our favor. Our Honda Care warranty was purchased through another dealer in our old town, thus this dealership doesn't have our Honda Care information on file. The warranty is good through October or November of next year, unless we break 100K miles before that. We are only at 73K now, so I don't expect that to happen.

We rented a movie on Amazon.com last night. I have a gift card on my account. I will match the money spent with a payment to the mortgage principal, since that gift card was earned from Swagbucks.

I love that so many of us are planning our 2014 goals. I will be posting ours in more detail soon after Christmas. Maybe some of you lurkers will want to start a blog in the new year to keep track of your goals. I know we would love to cheer you on!

All of the goals below have been completed for 2013. I didn't realize we paid off the truck this year. I thought it was the year before! Funny how time distracts from the details.

1) Make maximum contribution to both of our Roth IRA's. And contribute 7% to husband's TSP.
2) Pay off truck loan.
3) Snowflake a Free Christmas with $750.
4) Save $4,000 ($2000 each daughter) for college.
5) Pay for new intermediate flute with cash.
6) Pay for vacation with saved cash.
7) Pay for furniture and landscaping with cash.
8) Increase equity in home by paying down debt and saving for the next down payment.

We do not have any debt for the furniture purchase, which was a new kitchen table and chairs, the vacation, flute or landscaping. We still have $300 on the American Express for my daughter's Washington DC trip in April. I just thought it easy to pay on it monthly since it was at zero percent and I knew I could pay it in full at any time. I'm actually waiting for a reward on the card to apply to the balance, so one reason I'm not paying it off too quickly.

I will do another post about our mortgage progress for the year before year end. Those snowflakes do make a difference!

I wrote a new post over on

Our Money Blog...if you want to check it out. I really want to devote more time to that one, I might need to rebrand it and do different topics than I do over here. If anyone has ideas, or thoughts on it, I'd love to hear about them.

In case anyone is following along when I check our credit reports, it is now time to check TransUnion. I had a reminder at the beginning of the month from my email service. I still haven't done it, but I will. In four months I will remind you to check another report from annualcreditreport.com. That is the free service where you can check your report from each of the credit reporting agencies once per year. I check ours every four months, so that I'm effectively checking each agency once per year.

I noticed my ticker from tracking my Christmas Snowflakes has disappeared again. It seems if you don't update them they delete them. Boo. At least I tracked that information elsewhere, too!

I might have mentioned this in a post awhile back, but we had a van repair this week. The check engine light was on. It was an oxygen sensor. We had our oil changed and tires rotated. The total bill was about $377. We charged it to the Chase Sapphire card we are working towards a bonus on.

My husband has had some recent travel. He was reimbursed $178.50 for one. Not sure what his actual expenses were, but I'm pretty sure less than that. The other travel reimbursement came in the form of mileage and was nearly $340. That was way more than he spent in gas for three 150 mile round trips. Right now the money is just sitting in our checking account. I would count it as snowflake money if I knew his actual expenses, but he is spend happy when he travels and I don't have the patience to figure out the profit. I guess I should make a better effort to figure all that out.

We are going to be getting an ice storm tonight and a bigger snow storm over the weekend. I think we'll just stay inside as much as possible!

I have enough Swagbucks to cash out for $25 in PayPal cash. I hope I receive it before year end so I can count it for 2013 snowflakes.

I received a Pinecone survey payment of $3 yesterday. I also completed TWO more surveys yesterday, so I should be receiving another $6 soon.

I found out our housing allowance is going up beginning in January by $102 tax free dollars!! I think I'll make sure to save this money to the mortgage each month since it is a housing benefit.

My Christmas shopping is pretty much complete. I may find one more thing for my brother in law's stocking, but it won't amount to more than $3-4. I need to make one final payment to my Target Red Card from the Christmas fund to cover one last gift and stocking stuffers purchased. I have wrapped everything and didn't need to buy one bow, bag, roll of paper, gift tag or tape! I did use about four small gift bags I bought on clearance at Target last year. I might look for a few of those when they start to clearance things. I think I paid $0.10 each!

I am going grocery shopping today for odds and ends and the ingredients for taco dip that my husband will take to work for their Christmas party. They are having a white elephant exchange. I think we have a DVD of something that we can give up for that. I will still have one final trip to make before the holiday for food and drinks we are taking to our gatherings.

I'm also picking up 1/2 yard of fabric to make a little bag for my daughter's friend. She wants to give a gift and suggested the idea, but specifying a zebra print! I don't have that, but the cost is small compared to what I might buy if we went shopping! I WILL get that done today.

I purchased a photo book for my parent's anniversary, which is December 27. It is a compilation of photos we took of all of our family members on their land the last time we were there before they moved. There are some house and land pictures as well. I'm expecting tears. The awesome thing is I got the book free and only had to pay sales tax shipping and, which I did upgrade to 2 day for an $1 more. Total out of pocket was $9.56! It was a deal that came with the school photos I bought of my girls. They will be thrilled with it.

Okay...lots of little updates. I've been wanting to write more about goal setting and tax planning, but I'm just busy! I will get those posts together when things settle down.

Remember my husband opened a Capital One 360 checking account during their Black Friday sale? The requirement was to make at least 5 debit card purchases or deposits or a combination of the two. As of this morning those five debit card transactions have been completed! The average amount of the transactions was $4.61, with the total $23.05 for all five.

The bonus amount for all this hard work, which it wasn't, is $125. The bonus will not be deposited until mid January. Something to look forward to!

Did you meet your Capital One 360 checking account requirements? Did you miss the bonus offer? If you still want to open an account and receive up to $75 bonus cash, check my referral link

here.

If you find yourself with a gift card to a location you will not shop or dine at you might considered selling it for cash. You generally will not receive the full value of the card, but the cash in your pocket might be more useful for paying down debt or saving for that goal you are working on.

I suggest using Gift Card Granny to find gift card sites that will purchase your gift card. This site connects to many others so it saves plenty of time.

Today, I purchased a discounted gift card to Petco to make an online purchase of cat food. I stocked up and purchased two bags. I first went to Ebates to connect to Petco, where I hope to get 6% back on the purchase. Once I determined the amount of my order I browsed giftcardgranny.com for a card similar to that value. My order total was $67.39, with tax and free shipping. I purchased my gift card from giftcards.com at a 14% discount. The value of the card was $65.85, but I only paid $56.63. And if you are following the math, I did have to pay an additional $1.54 to complete the transaction. I did notice that giftcards.com took a lot longer to send me the gift card number than last time when I used cardpool.com. It still arrived on the same day.

I made the gift card purchase and the final $1.54 purchase on Petco.com with our Chase Sapphire card, since we are still working on meeting our $3K spending requirement. I think we still have over $2K left to go, although it seems our van will have a part replaced tomorrow, so that repair will lower the amount we need to spend some more.

Do you make efforts to buy discounted gift cards? Have you ever sold a gift card for cash?

It looks like the military will be getting a 1% pay raise. For DH this is an increase of $62 per month or $744 per year. Inflation, according to a quick online search, is at 1% for the year. I guess this is good enough to not be back tracking, but it sure doesn't feel like much of a raise for the hard work my husband does.

This really should be the year he gets promoted to Major. He has already been notified that the board is meeting in early March to determine those who will be promoted. I will focus on that, which will be $1,116 more per month than he is currently receiving in Basic Pay. That is a 17.8% increase. There would also be an increase in our housing allowance with the promotion as well.

I'm thinking this 1% raise will just be saved for retirement. I will simply increase his TSP contributions by that amount. That will leave our net paycheck virtually the same...except for the increase in any housing allowance change.

I do need to consider the promotion in our savings plan, as such a large increase in pay will change our tax bracket. And I don't want to pay more taxes! We maximize our Roth contributions every year, but I may need to put some of that in IRAs to take advantage of the tax deduction.

Kind of a rambling post about the pay increases we expect, but just needed to get my thoughts on this down. Will you be getting a raise of any kind this year? Will you save it, spend it, or pay down debt?

Yesterday, I paid all the bills in full. The only amount on the credit cards is the Washington DC trip, we are slowly paying the balance off at 0% interest. Only $300 left to pay, which means it will be paid off in February. Actually, I might just pay that off next pay period now that the amount is so low.

Anyway....while paying bills I made our first regular deposit to the 52 Week Challenge. I had a beginning balance of $10 and added $57. I will add $57 twice per month and by Nov 15th next year I will have the full $1,378, plus interest. I did send that money to my Capital One savings account for easy book keeping.

I was actually able to put $748 aside into savings, which is the biggest amount I have been able to set aside for savings in awhile. I hope I didn't miss something, but I think we just spent less. I still have over $200 in the Christmas fund. A little more of that will likely get spent, but maybe a good chunk can go to the mortgage before the end of the year.

We have made one purchase on my husband's Capital One debit card. Only four more to go to qualify for the $125 bonus!

My dad bought me a Mega Millions ticket today. I offered to pay him the one dollar, but he refused. It would be nice to win, but the odds are not in our favor. I really NEVER play the lottery, but it is fun to think about winning.

Do you play the lottery? How often? How much have you ever won?

Several snowflakes of money have come my way in recent days. I finally got them all added up and sent off to the mortgage to pay down more principal.

My big snowflake payment was $207.50. Yippee for big payments!!

I did include some of those American Express offers. I would have spent that money anyway...so the cash credits are definitely bonus money! Here's where the money came from:

I am happy to report I have paid all the Christmas gifts we have charged to credit cards. Right now, it seems I am done shopping!! I may have another $5-10 of stocking stuffers to pick up, but I'm mulling that over.

Anyone else just about done with their holiday shopping? Anyone pay down some extra mortgage principal this month?

It really did snow last night. We got about three inches. And it is bitter cold! It's in the negative territory with the windchill. Therefore, I am inside the rest of the day, with only one trip out to pick up one of my girls after school.

The big snowflake arrived from USAA today, which is a return of premium they provide to their property and casualty customers. It was $67.41, which is about $20 more than last year.

I also sold 11 books and cds at the used book store yesterday. These were only worth about $0.10 each online, so to get $3.50 for all of them wasn't much, but an improvement from what I could get elsewhere. I received a Half.com payment for $3.28. Only about $.50 of that is the profit, but I'm putting the full amount on my snowflakes anyway.

Today, I'm adding up Christmas expenses, paying off the credit card purchases from Christmas and sending a snowflake payment off to the mortgage. I will post the total of that snowflake later!

Did you get any snowflakes today, the real variety or the money kind?

I bought a couple more gifts online last night. Two were purchased on Etsy. I feel good about those, since they are such unique gifts and benefit small business owners. One has already been shipped!

Two other items were purchased on Amazon. I purchased one with my American Express Blue Cash Everyday card. I had redeemed the offer for getting $25 back when you spend $75 on Amazon. And this item was over $75. The other item was charged to the Chase card we are currently using to accumulate a reward.

The unfortunate thing is this morning my $25 Amazon gift card I requested through Swagbucks arrived. A good thing really, but bad timing. I guess I should have waited. Although, honestly, I forgot I had ordered it. I'm sure there will be other purchases in the future, so not all is lost.

I'm getting really close to being done with my shopping for Christmas. I know there are still several things to get, but I'm now probably 80% done. I'd really like to finish up this week!

My Christmas fund has been sitting in my Capital One 360 Savings account since July. Earning .75% interest. Today I transferred all but $10 back to my regular checking account. From there I will start using the funds to pay for gifts I have purchased on credit cards in the last couple weeks. I also moved $80 worth of referral bonuses, so I can send those to the mortgage.

I left $10 in the account as I had $10 cash here at home to begin my first four weeks of the 52 week savings challenge. My intention is to save this money separately in my Capital One 360 Savings account. Now the cash I have at home will likely be used to buy a few stocking stuffers.

I'm thinking of making a few adjustments for the 52 week challenge for me. I really just want to save some additional money from our regular income. My husband is paid twice per month, thus a weekly challenge is not quite right. The total for challenge at the end is $1,378. I already have $10. If I save $57 each pay period*24 pay periods I will have the remaining $1,368. I think I will start this right away with this upcoming paycheck on the 15th of December. I'm excited! Once I know my husband's pay increase for the year, I will look into saving that money specifically as well.

We completed our $500 in purchases on my husband's Chase Freedom account. Now just to wait for the $200 in rewards to post! We have begun putting our regular spending on my Chase Sapphire Preferred account. Looking forward to over $550 in rewards on that one, but probably not for a couple more months.

I made two stockings today for my parents, since we are only doing stocking stuffers this year and they didn't have stockings it was needed. I bought the green fabric. The red fabric, the lining, and the flannel layers, ribbon, and thread were all items I already had, so the cost was minimal.



Will anyone else be tweaking the 52 Week Savings Challenge? Did anyone meet a spending requirement for a credit card bonus? Do you have a stocking that you get gifts in each year?

I ended up referring four people to the Capital One 360 Savings and Checking accounts. One of them was my husband. The $20 per referral showed up immediately, but stated it would not be available for withdrawal until January 1. I looked at the account again today, and they are all available now. That is an extra $80 in snowflakes that I will send to the mortgage next week!

I will also earn another $60 by the end of the month, because I made at least two referrals. A total of $100 for the first two referrals. That money is not yet showing up, but it will!

Found out from Hip2Save that Bath and Body Works is having a sale TODAY only at their stores. Buy 3, get 3 free on nearly everything in the store. There is also a coupon that you can combine if your total is over $10, for an additional free item. So almost like buy two and getting four free in my mind. The link to the offer I read is

here. I'm sure those stores will be packed! And, please don't go spending on this deal if it isn't something you need to buy anyway. I will use the items as gifts for Christmas and upcoming birthdays. I might have DH gift me a couple!

Have a super weekend!!

I've been doing more shopping, in the stores and online. It's going well. I've used coupons, and have stayed within budget so far. I think Etsy is my next stop for unique items for my daughter's. They will likely browse first to give me ideas of what they like.

I used the $5 Amazon promotion discount for spending $35. On the same purchased I used my Citi Thank You card points to redeem $9.08 towards the purchase. I will pay that off and retire that card. I was glad to open it for the bonus, but can't say it is one I really want to keep.

I received a $3 Pinecone payment today in my PayPal account. Technically, I already spent it when I made an Ebay purchase. But I will be adding that $3 to my snowflakes.

I used $75 worth of Kohl's cash in the last couple of days to purchase two infant clothing items for my new niece, a 3 pack of pairing knives, two scarves, a belt, pantyhose and two containers of lotion. Not too bad. More than half of those items are gifts. I'm splitting the knives between three people. The scarves and lotions are for two teen nieces. I received the Kohl's cash when I purchased a KitchenAid Stand Mixer on Cyber Monday. It was a great deal with free shipping, 20% off, $15 in Kohl's cash for each $50 spent, a $50 rebate from KitchenAid, and I went through Ebates for another rebate. I think the stand mixer cost me about $180 after all those discounts. The mixer was a splurge, but we have been looking at them on and off for over a year.

The check engine light in my Honda Odyssey has come on twice in the last two days. Boo. It's about time for an oil change. So my van has an appointment on Monday. Hoping it is an easy fix and inexpensive as possible. At least we are working on a credit spending goal, so that will help.

My Christmas cards are mailed. I found a deal online before Thanksgiving for 25 photo cards. Then I bought envelopes because the type I bought didn't come with envelopes. After Thanksgiving I pulled out the Christmas decorations and found a full box of cards (with envelopes) that I bought on clearance at Target. I'm guessing I paid less than $1 for those. I guess they wait until next year. If I remember to use them.

I have joined the 2014 52 Week Money Challenge. I have ten dollars in my wallet, that I will put in an envelope to cover weeks 1-4. It's a beginning. I will likely put larger amounts in my Capital One 360 account. No exact plans for the money other than to find another way to save and accumulate money. This money will come from income, rather than snowflakes.

Enjoy the season! Stay warm. Eat light. Rest deep.