Mintly Goals 2015: Recap

Happy New Year!

As everyone does around this time of year, I sat down to review how we did in meeting the 2015 Mintly Goals set about a year ago. H & I are already well on our way to having our 2016 Mintly Goals worked out, but I haven’t written that post yet!

I’m excited that, overall, we met our goal, and in fact were able to do even better than I had hoped for. While the tax return didn’t come through for us, I hadn’t actually incorporated an estimate (on the return I hoped we’d get) into the goal numbers, so it didn’t adversely affect us.

One thing that was unexpectedly good for our debt eradication this year was my beginning the KonMari process (see my posts on this beginning here). We cleared out a lot of unwanted, unused, and unloved items: kids’ stuff, clothes, toys, my clothes, H’s clothes, kitchen stuff, random house decor, jewelry, accessories, linens, dinnerware, you name it – we donated or consigned it! My goal was always to consign before donation, but even when items had to be donated, I kept track of them on the ItsDeductible app, and I have high hopes that the $1200+ it claims we’ll get back on our taxes (you read that right – we donated over $3,000 worth of stuff, the last time I checked) will come through for us! Anyway, we were able to snowflake extra funds that way, and I picked up consignment checks once a month for 10 months out of the year!

Another unanticipated help was re-joining Swagbucks (<– referral link) in September 2015. So far, I’ve made at least $250 (maybe more by now?) and every little bit goes towards our student loans!

So – onto the goal recap!

Last Year’s Mintly Goals

  1. Put a scheduled $8316 extra towards our student loans (in addition to our minimum monthly payment of $506). – SUCCESSFUL
  1. Split tax refund 60% (debt eradication), 30% (savings), 10% (spending money). – NOT SUCCESSFUL (we got nothing back on our taxes for 2014!)
  1. Pay an additional $3150 to our student loan debt, beginning in June or July 2015. – SUCCESSFUL
  • This refers to the $450 we paid on the Citibank card. When the card was paid off, that money was then snowballed into other debt.
  1. Snowflake at LEAST $600 ($50/month) extra towards our Student Loan Debt Eradication fund. – SUCCESSFUL (We snowflaked  $4,4870.02!)

Of course, these were all just parts of the same goal, which was basically:

Decrease our Student Loan balance by $18,138. – SUCCESSFUL (We decreased our Student Loan balance by $20,445!)

How was your 2015? Do you have big plans for 2016? We do…. hooooo boy, do we ever! Stay tuned!

December 2015 Recap

Welcome to the December 2015 Accountability & Budget Recap post – last one for 2015. This is exciting!

This post is broken into two sections: Budget and Debt Eradication.


Budget Accountability for December 2015:

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Woohoo!:

  • Overall, still under budget!
  • Did not have to pay for some kid activities I was planning on, home services (lawn care), and the gas prices have been great on our trip, which have helped keep the rest of the budget balanced (such as it is).

Whoops!:

  • We still do have two days left in December, and honestly, we may go over budget by the time we pay for our food out on the trip back and the gas. Sigh. I may transfer money from our sinking fund to cover the cost of gifts this month, since we do have a gift category. (I just knew we would be spending in that category this month, and I wanted to budget in extra for it.)

Total Debt Eradication for December 2015: $2,433

 

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Debt Eradication:
  • $542.60 extra payment sent to Loan 1 & Loan 2

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December 2015 Net Income: $2,377.58

 


Snowflaking: $407.85 (all of this went into our Student Loan Debt Eradication Fund – if it was prior to the middle of the month, it became part of the big supplemental payment we made; if it was after the middle of the month, it’s still hanging out in the account to be used in the following month)

  • $100Swagbucks (<– referral link, but it’s totally awesome!) via PayPal
  • $141 – H’s side hustle
  • $166.85 – H’s second side hustle

2015 Consigning Totals: 
I’m curious about how much we will make in one year by consigning our clothing and L’s old toys at my favorite consigning store (and any other sales, if I decide to participate). 
  • $0 (January)
  • $56 (February) – yeah!
  • $20 (March) – woot!
  • $80.31 (April) – yay!
  • $44.20 (May) – whee!
  • $20 (June) – woohoo!
  • $12.82 (July) – what what!
  • $60.35 (August) – wowie zowie! (can you see that I’m running out of imagination on my happy exclamations?)
  • $44.48 (September) – good golly!
  • $40.16 (October) – yippee!
  • $15.42 (November) – hurrah!
  • $0 (December)

2015 Consigning total: $393.74


2015 Mintly Snowflaking Goal Progress:

My goal originally was to snowflake at least $50 per month, for a yearly total of $600. As you can see, we’ve done quite a bit better than that:
  • $110.01 (January)
  • $929.75 (February)
  • $649.58 (March)
  • $534.50 (April)
  • $289.84 (May)
  • $273.91 (June)
  • $292.02 (July)
  • $430.55 (August)
  • $539.38 (September)
  • $288.27 (October)
  • $412.63 (November)
  • $407.85 (December)

2015 Snowflaking total so far: $4,4870.02

To see more 2015 Mintly Goals, please click here.

Life Accomplishments this Month:

  • Getting food poisoning! … Okay, that wasn’t so great.
  • Spending Christmas with family. 🙂

TL;DR: Chugging away, but looking forward to 2016. The checks from my Citibank experiment came in and I sent them on to Navient, but they haven’t posted yet… Not sure when they will show up. Changes coming in the way recaps are done in 2016!

November 2015 Recap

Welcome to the November 2015 Accountability & Budget Recap post!

I know it’s late, but… better late than never!

This post is broken into two sections: Budget and Debt Eradication.


Budget Accountability for November 2015:

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Woohoo!:

  • We saved money on home services this month – they didn’t cut our grass at all (too bad it needs it now…)
  • Bills and utilities came in under budget again, which is nice!
  • We overestimated on gas expenses for the month, which was nice.

Whoops!:

  • We had more slush fund spending this month than anticipated – we bought tickets to two events, which I don’t regret at all and am even considering writing into the budget next year!
  • Restaurants were tough because we did spend quite a bit of money when we went out for our Thanksgiving family meal (on the Saturday after Thanksgiving) – I just estimated low, I think.

Total Debt Eradication for October 2015: $861

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Debt Eradication:
  • $577.22 extra payment sent to Loan 1 & Loan 2 (This wasn’t as big as usual because we put a good chunk into savings instead of sending it to Debt Eradication. This money came from snowflaking and the little bit of money we had left over beyond $5000 from our paychecks.)

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November 2015 Net Income: $2,840.22 


Snowflaking: $412.63 (all of this went into our Student Loan Debt Eradication Fund – if it was prior to the middle of the month, it became part of the big supplemental payment we made; if it was after the middle of the month, it’s still hanging out in the account to be used in the following month)

  • $20.68 – Pact (<– not a referral link) via PayPal
  • $15.20Ebates (<– referral link, but it’s totally awesome!)  via PayPal
  • $50 – reimbursement for Mom for clothing for L
  • $100Swagbucks (<– referral link, but it’s totally awesome!) via PayPal
  • $211 – H’s side hustle
  • $.33 – interest
  • $15.42 – consignment

2015 Consigning Totals: 
I’m curious about how much we will make in one year by consigning our clothing and L’s old toys at my favorite consigning store (and any other sales, if I decide to participate). 
  • $0 (January)
  • $56 (February) – yeah!
  • $20 (March) – woot!
  • $80.31 (April) – yay!
  • $44.20 (May) – whee!
  • $20 (June) – woohoo!
  • $12.82 (July) – what what!
  • $60.35 (August) – wowie zowie! (can you see that I’m running out of imagination on my happy exclamations?)
  • $44.48 (September) – good golly!
  • $40.16 (October) – yippee!
  • $15.42 (November) – hurrah!

2015 Consigning total so far: $393.74


2015 Mintly Snowflaking Goal Progress:

My goal originally was to snowflake at least $50 per month, for a yearly total of $600. As you can see, we’ve done quite a bit better than that:
  • $110.01 (January)
  • $929.75 (February)
  • $649.58 (March)
  • $534.50 (April)
  • $289.84 (May)
  • $273.91 (June)
  • $292.02 (July)
  • $430.55 (August)
  • $539.38 (September)
  • $288.27 (October)
  • $412.63 (November)

2015 Snowflaking total so far: $4,462.17

To see more 2015 Mintly Goals, please click here.

Life Accomplishments this Month:

  • We spent a truly lovely day with H’s family after Thanksgiving (which allowed us to spend Thanksgiving on our own in a very quiet way, which was also lovely)!
  • Got a bunch of Christmas shopping done… which is why the slush fund went so far over….
  • I keep on clearing things out and finding things I can take to consign or to donate (ka-ching on the ItsDeductible app!).

TL;DR: Same old, same old – looking forward to December! We have some bonuses coming in (fingers crossed) and the checks from my Citibank experiment should be coming in to send on to Navient to send another big payment to our student loans!