Net Worth & Debt Payoff through 12/31/2016

Net Worth & Debt Payoff through 12/31/2016

Happy New Year, Everybody! We sent 2016 out with a bang! Just kidding! It was LIGHTS OUT at this house around 9PM. But we did make some dramatic changes to our finances in the last month and I’m so pumped to go into 2017 in this shape! Let’s just bust this thing on out and see if you notice anything different: Assets Value Owed Totals Farmhouse $200,000.00 $166,367.39 $33,632.61 Town house $100,000.00 $84,199.09 $15,800.91 Savings Accounts $8,453.37 $0.00 $8,453.37 Checking Account $40.15 $0.00 $40.15 Family Loan $0.00 $0.00 $0.00 Discover $0.00…

Net Worth & Debt Payoff Through 11/30/16

Net Worth & Debt Payoff Through 11/30/16

I’m not going to cry. I let it all go this month. Our net worth decreased. Our debt payoff percentage backslid. I didn’t post a single time this month to the blog. Marketing our townhouse for sale took a back seat to the increasing chaos for me at work. I freely spent hundreds of dollars on Christmas presents at Veteran’s Day and Black Friday sales (but I was saving money!). And I actively chose to *NOT* pay off all of the credit cards in full (we need cash to pay bills…

Net Worth & Debt Payoff Progress through 10/31/16

Net Worth & Debt Payoff Progress through 10/31/16

We emerge from October 2016 bruised and bloodied, like the zombies of Halloween. This month was brutal! Have you ever noticed how when you start to track something, it starts creeeeeping along? I’ll spare you the suspense: we are at 1.86% paid down. That’s -0.08% less than last month. While on one hand, it feels stagnant, I’m trying to see it as Staying Afloat. Here’s what went down. Our real estate contract expired October 5, so I went into full-realty mode to market our two properties myself.     (You…

Net Worth & Debt Payoff through 9/30/2016

Net Worth & Debt Payoff through 9/30/2016

Let’s just call this month a big fat “How NOT to Use Credit Cards.” Have you seen pins like the one on the right in your Pinterest feed? Beware, advertisers hire wily copywriters to separate you from your money. Even though this pin says transferring a balance is ingenious, and even though I did exactly what it says, I have to disagree with the “ingenious” part. No, I’d have to say it’s the slippery slope of managing your credit. Let me tell you why: You’ve just opened yet ANOTHER credit card. Welcome…

Why Our 2016 Summer Garden Failed to be Spectacular

Why Our 2016 Summer Garden Failed to be Spectacular

How’d your 2016 garden turn out? Mine produced a dismally small bounty that included about two dozen turnips, 23 green beans, 14 squash, zero cucumbers, zero zucchinis, and zero tomatoes. Fail. I mean, come on. Who can’t grow zucchini!? Ok, maybe I’m being too hard on myself. I mean, I wouldn’t say I’m a terrible gardener. But this has certainly been a disheartening season. I’m going to break it down in a list, as usual. Oh, I love to make lists! I’m bummed our garden didn’t turn out lush and green, but at least I’m…

How to Pay for Christmas with Pre-Tax Money

How to Pay for Christmas with Pre-Tax Money

Say what?! Yes, you can pay for Christmas gifts with Pre-Tax Money. I know, I know. It’s in the semantics, but if other strategies haven’t worked for you, this one might. Have you filed for your Flexible/Health Spending Account reimbursement yet for the year, by the way? Have you earmarked that money yet? Let me explain. Open Season is generally around November, so be sure to sign up for this awesome tool to save money and you could have Christmas money saved up for next year with little effort. If…

Re-Purposing a Table Destined for Destruction

Re-Purposing a Table Destined for Destruction

A new desk for $8.39? Yes, please! I picked out a table from a pile of junk that was headed for the dump. It was still pretty sturdy and I’ve been on the lookout for a simple rustic table that wouldn’t break the bank. The funny thing about this particular table is that it is exactly the same model as our dining room table, just smaller. Here’s what I did: I cleaned that dirty old thing with the strongest bathroom cleaner I had on hand. You never know what crud has been on these…

17 Things to Do With That Dead Possum in the Road

17 Things to Do With That Dead Possum in the Road

If you’re like me, and I know you are, when I drive past a dead possum in the road, I can’t help but think to myself, “That’s such a shame that possum carcass is going to waste like that!! I wish someone had called me before he got all bloated!” And truly, I do, because there is so much awesome that a homesteader could do with that body. All your friends would be so jelly of the (extremely marketable & coveted) products you could create from it!! Check out this list of the…

Bust the Excuse: I Don’t Have Space to Homestead

Bust the Excuse: I Don’t Have Space to Homestead

This is part four of a four part series on why you don’t homestead. If you would prefer to read the posts in order (which is in a random order, by the way) you can click here. I’ll wait right here. Today’s excuse is “I don’t have any space or land to homestead!” I DON’T HAVE SPACE. AKA: I DON’T HAVE LAND. You dont’ have to have forty acres to homestead. You can homestead in a 250 square foot apartment in the city! You’re probably already doing some homesteading and don’t…

Net Worth & Debt Payoff Update thru 8/31/16

Net Worth & Debt Payoff Update thru 8/31/16

Do you ever feel like you’re not making progress with your debt? This month, I’ve felt like I was treading water with our finances. But after digging deeper into the numbers, I can see that we are still improving. It’s small, but it’s in the right direction. We increased our debt payoff from 1.47% to 1.58% in a month when we took a one week family vacation (paid cash!). See the details in the chart below.   So, what did we do this month to attack our debt? One. I opened a…