There's money flowing out fast, but I'm going to focus on and share what is coming in.
$100 Anniversary gift
$25 Amazon gift card (earned from MyPoints)
$22.78 Olive oil class action
$336 Chase annual fee refund
$3 Pinecone survey
$14.04 Ebay Sales
The Amazon gift card went towards the purchase of an over the air antenna, since we are cancelling Hulu for the summer.
I am setting aside the $336 Chase refund towards our daughter's car registration. I have the tax amount set aside already, but I don't know the property tax/registration amount yet. If this is more than needed I may throw it back into the Big Savings Goal.
Everything else currently is going to go to the Big Savings Goal.
I did send off three textbooks for cash. I expect to receive $63 for those in the next week or so. I will probably put these funds into the College Expense category. I also put one book on eBay and I have other things I need to list soon, too.
Do you have non wage cash flowing in?
Viewing the 'Sales, Surveys, Rebates' Category
There's money flowing out fast, but I'm going to focus on and share what is coming in.
Here's last months contribution towards our Big Savings Goal. I think the next few months will be slower as we have other expenses we are managing that are taking away from the progress. If we can maintain this amount or similar I will be pleased.
We had a refund of Chase credit card annual fees ($349.15) due to SCRA being applied to some of our accounts. I would have liked to have saved this for our Big Savings Goal, but with upcoming summer college costs and assisting our daughter with a car we have backed off putting ALL the extras towards this goal. This is a big frustrating for me as I have really enjoyed the progress and focus, but I realize this is just temporary.
$350.00 ($175 from each paycheck, two per month)
___$7.64 Discover Cashback
_$10.00 NAPA rebate
___$9.41 US Bank Cashback
_$66.66 FNBO Interest Earned
$118.78 NFCU Interest Earned
___$5.46 USAA Interest and ATM rebates
___$3.00 Amazon Gift card (Swagbucks)
___$6.73 Ebay Sale
$577.68 April Big Goal Total
$4,768.90 2019 YTD
$67,369.40 Previous big goal Balance
$67,947.08 New big goal Balance
33.97% of $200,000 goal
Yay! Our retirement accounts have reached a new high as of the closing on Friday afternoon. So grateful we have money increasing in value for retirement! We just keep plugging away adding funds to our account monthly. All of these contributions are set up automatically, so other than recorded them in our check register (which is auto on YNAB), we don't think too much about it. Auto investing is the way to go!
Yesterday's mail was fruitful financially. We received a refund check from our utility service here on base. We have stay at or under the average compared to similar sized homes on base for electrical and water usage. The result is a refund of $55.
The other check in the mail was the proceeds from our oldest daughter's UTMA. I'd have to go back and look at our total investment in that account, but I'm going to guess under $1,000 since the late 90s and early 2000s. The final redemption amount was $3,973.62. This is money going towards her first car. Her car will likely be more than this, but hopefully not by much.
I have two items ending on eBay that are being watched, so two sales possible. They won't make more than a few dollars, but it all adds up, as I have shown over and over again on this blog.
I cut our Hulu Live subscription effective today. It's saving us $45 a month. This is planned for the summer months to offset the need to pay $55 a month for our youngest daughter to store her dorm items this summer. Our older daughter has always stored her items at my parents since she is pretty close. Our youngest is much farther away, so this just made sense logistically. Not exactly how I want to spend money, but we are going to try it this first summer and see how it goes. I think my husband is going to miss Hulu, so this is temporary because we did like it for accessing college football in the fall.
I stopped our youngest daughter's allowance for the summer. She was receiving $125 a month from us. Honestly it far exceeded her needs and expenses. I noticed she seems to buy music and make Go Fund Me donations with it. I love that she is generous. The primary reason to end it for the summer and reevaluate is to help cover rent for our older daughter. Our younger daughter will be home and we can cover anything that comes up with our own budget. We will likely reinstate some form of spending money, but we also know she is starting a part time research job, so she will start accumulating her own spending money, thus less needed from us.
I've also decided to stop funding our car maintenance and repair sinking fund for a few months. We currently have $1000 set aside plus an emergency fund. We have been funding it with $275 a month because we have older cars. We are very current on major repairs and maintenance we we think this will not be an issue short term. We expect to start it back up in August or September. This change is also due to upcoming expenses with our daughter staying in her college town this summer.
I'm doing my best to maintain our current Big Savings Goal progress and monthly contributions, thus the reason for making other adjustments to the budget temporarily. I'm grateful that we have flexibility to make changes to how we spend our money.
It's nice when cash flows in!
I sold three items recently on eBay this month. Net profit was $20.77. None of the items were worth much, but yet they sold for a little bit better than garage sale prices. I'll take it!
I sold a heavy duty shelving unit from our garage. We had three and really only needed two since we have downsized so much. I sold it within a hour for $20. It was probably worth more since I had so many people interested.
The other unexpected money flowing in was a credit on my husband's government credit card in the amount of $116.08. I think he basically sent more to the card when the money should have come to us for reimbursement of expenses. I have that money set aside to cover a rental car we need next week on a trip.
I redeemed 2500 SB (Swagbucks) for an Amazon gift card and used it to buy a set of steps to help our 14 year old kitty more easily get up on the couch. We had been picking her up as she can no longer jump up on her own. I like when I can apply the SB earnings to things we need.
Do you have some extra money flowing in?
I have few final snowflakes to report for 2018. A full tally coming soon!
$100 Christmas gift from my parents
$24.81 Ibotta proceeds
$1.89 Starbucks (Amex reward offer)
$5.00 Hulu (Amex reward offer)
$2.91 Verizon (Amex reward offer)
It's been a good year for snowflakes (extra money)...all have been added to our Big Goal. More about that on the sidebar and an update soon.
Happy New Year, Saving Advice bloggers and readers!
Today was payday!
I paid off all the credit card balances, which is my usual routine twice per month. I also balanced categories in YNAB back to zero and then added in money to flush those categories out for the rest of the month spending. I'm guessing with our girls home visiting for the next three weeks to a month we will be spending more on groceries, dinner and likely some paid activities, although I'm hoping for free!
I finally received my $3 Pinecone Research payment. I had to send an email and the next day I had my payment. Apparently they were having some issues with their normal process.
I redeemed $7.44 in Chase Freedom rewards. These went into our Big Goal Fund! I will do a wrap up of our progress at year end.
We also received an extra payment for housing for our oldest daughter's Post 911/GI Bill benefits this semester. Apparently, they have been underpaying us all semester. I'm actually glad I didn't know until it was corrected. That amount to cover underpayment since August was $286.17.
I received an email from FNBO Direct where we have one of our money market accounts. That account will now be paying 2.15%. I'll take it but I probably need to move some money in there into a CD with a higher rate. I think Beawealthywarrior posted on one of my blogs that PenFed has some good rates. I will look there soon!
I'm always grateful for the money that flows into our lives, as well as the ability to let money flow out for our needs and wants. All of life is a balance that way.
We pay off our credit cards in full every month and never pay interest on a revolving balance. We use them for as many transactions as we can. In fact, we are now able to pay our rent with a credit card, most likely will use our Southwest Airlines credit card to accumulate points for flights.
We redeemed rewards from the following cards this past month.
US Bank $8.31
Chase Freedom $14.70
American Express $50.61
Our credit card rewards are almost as good as the amount of interest we earn on our savings.
I guess some people on YouTube are doing a Sell Your Stuff Stuff September. I didn't know about it until today, but we sure have been selling things. Only two small things since my last report. I sold a computer box and some Box Tops for Education on eBay. Those net proceeds came to $24.92.
I also redeemed some American Express rewards in the amount of $59.85. I'm sure a result of all that summer spending. Wow!
I'm hoping to sell some more furniture items this week and weekend. I know people in our state are still suffering from the effects of the storm, so it's hard to know if there will be people buying.
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. 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!
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.
I guess it was January when I last made a point of using things up. I was doing an Uber Frugal Month with spending and using things we already had on hand was part of making that work.
I had some diced butternut squash in the fridge that I didn't even get to then! It's almost April! Late this morning, I threw the squash in a saucepan with garlic, onion, ginger and carrots to saute' for several minutes. Oh yes, there was salt, black pepper and red pepper flakes. I added some chicken broth (made from bouillon) and simmered for another ten minutes. And then in the end added a cup of milk (I was going to use coconut milk, but it had gone bad, oops!). Finally, blended it with my immersion blender.
My food stores are still pretty limited from the Uber Frugal month. To me this means we are buying only what we will actually eat and use! Far less food waste or extra money spent.
I know it's a holiday weekend for many and could mean more spending on groceries, but be sure to check your pantry before you go shopping. Maybe you already have ingredients you need, or possibly you have something on hand that could be used instead of something you think you need to buy.
Yesterday, I listed six new items to eBay. These were items we found this month to let go. These were ones that may have a chance of selling for a few dollars. I'm hoping for some quick sales!
I hope you all enjoy your weekend! Stay frugal out there.