June 2016 Monthly Recap

Welcome!

Each month I review how we did on our budget, whether we made our snowflaking goal, and how much we brought in consigning. That debt is going DOWN.


Ugh. Sorry that this is so late this month. We have been going through some ups and downs and I couldn’t really get myself in a mood to write up our month.

June 2016 Budget Recap – How We Did

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So not good!

When I look back at my Google Calendar for June (because who can remember stuff that happened a month ago, amiright?), we had my parents here for a few days (from a stay that began at the end of May), a slew of birthday parties for L to attend, a day camp for L, and a trip to see a musical. The tickets for the musical were paid for by a family friend (woohoo! such a great gift!) but we still had to get there and eat afterwards as part of our get-together treat.

We also paid for Playstation Vue for a month in the hopes that we’d be able to see some soccer games, but it turned out to be a bust by the end because our lousy internet connection in this rural-ish area just couldn’t handle it. Grrr.

It is good, though, that our groceries were good for the month! And that’s including one really discounted order from Blue Apron (it was our first, so that’s why it was cheap), and then the order that we got subsequently because I forgot to skip the delivery. Oops. It turned out really nice, though, and we MAY continue getting them once a month. We get the family-plan so we have four meals (leftovers!) and it’s nice to have fresh foods that are just enough for the meal so I don’t end up with half a bunch of green onions going bad that we couldn’t use.

Month-to-Month Progress:

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How far we have come: almost $71,000 paid off in 2 1/2 years!

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June 2016 Snowflaking

As a reminder, our goal for each month is to snowflake at least $239 to pay off H’s student loans by February 2017. (For more on our goals, see this.)

We snowflaked an extra student loan payment of $12,477.23 (including a budgeted amount of $1500 + an extra $450 that came out automatically – and unexpectedly – as a payment to Citibank) in June. Read more in the snowflaking post I did for June.

The issue is that $450 that came out unexpectedly – we ended up having to pay ourselves back when we got our paychecks, so that meant not as much debt repayment for this month, July.

June 2016 Consignment

  • $0 (June)
  • $0 (May)
  • $0 (April)
  • $51.98 (March)
  • $6.96 (February)
  • $64.66 (January)

We picked up our consignment money earlier this month, but of course you’ll see that on our July round-up!

Other Money Details

  • H was supposed to get his check for $1000 in his paycheck for June. I know you’ll be SHOCKED when I tell you that they messed up and submitted the request to the wrong person to get it paid out. That person neglected to respond to the submitter to let her know that she needed to resubmit to someone else. Awesome. It should – SHOULD SHOULD – be in July’s paycheck at the end of the month. Ugh.
  • We had been seriously considering (again) buying a house but worked the budget (for the millionth time) and are trying to consider all of the things we MIGHT want to have for the future. Private high school for our kid? Traveling every few years? Extra money for retirement? Saving for L’s college? These kinds of things are difficult to prioritize and even harder to plan for when we these decisions are in the future but decisions we make TODAY (like, how much to spend on a house) will affect the decisions we’re able to make in the future. Prioritization is key! For now, our plan is to save half of our “extra” funds and put the other half to debt. We can then do what we did at the beginning of June and use the savings chunk to pay down the rest of the debt when we want to, OR we can use those savings for things that pop up. I could write many, many posts on housing in the area where we live, but it would mostly say “this place is so overpriced / the housing in this area is way too expensive / ridiculous / even the city nearby has better housing for lower costs / stupid destination-retirement location making our house hunting process difficult / we’ll never have enough money to buy the kind of house we’d like to have / let’s live in a hovel” and no one probably wants to read that b!+@^ing and moaning….

We’ll just keep on keeping on…. It is motivating (when I feel like we’ll never be able to buy a house that would be considered “normal” but is $300,000 in this area – and the rentals are also awful and simultaneously expensive) to see how far we have come in 2 1/2 years!

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