Proof that it never hurts to ask...

I received a rent renewal notice from my apartment complex earlier this week. I was dreading getting this notice, because I just KNEW they were going to increase my price. Well, to my surprise, they did not.


A little background: When we moved to Columbus, we were not yet on this financial kick to get out of debt. The "plan" was to get an apartment for 6 months, and hopefully by the end of that 6 months, be ready to move into a house.


Yeah right! Well so anyway, when we signed the 6 month lease in October 2008, our rent was $730. If we had committed to a 12 month lease, it would have only been $685...but we didn't want to be "stuck" here for 12 months because we just knew we were going to be house hunting right away.


6 months came. 6 months went. By then, we were attending FPU and knew that this temporary living arrangement was turning out to be a little more than temporary. We re-signed a new 12 month lease, but as with most apartment complexes, they up your price every renewal. We were now paying $750. Bummer.


So our current lease expires May 8th, and the renewal notice offered us 12-14 months at $750. Yay it wasn't going up, but BOO because I still felt like we were paying too much. There are banners outside the complex that says 2 bedroom blowout starting at $570. I also plugged my address and stats into Rentometer.com and was told that I was paying too much for the area of town I live in, with the features I have.


According to the apartment complex's Rent.com info, the floor plan I'm living in now goes for $650-$850. So I WAS right in the middle of the range. But geographically, the other complexes in my area are still much cheaper. 


I didn't want to go through the hassle of having to move again, but I REALLY wanted to save some money. So I just picked up the phone and called. and I said what I've told you here...and they asked "Would you stay for $700?" (which was already the price I had hoped I could talk them down to.) I said "Absolutely."


Man, that was easier than I thought! We're going to re-sign a 14 month lease this time, which will get us through July 8, 2011, and saving $50 a month - that's like getting 1 month free! Plus, we already know it's going to be next summer before we are house hunting, so by then we can do month to month, or work out some other arrangement to stay longer if we need to.


$50 a month more to my debt snowball. Yahoooooo!


Hope you all have a wonderful weekend! I'm hitting the road to go to the ATL to see Mom and Dad. I'm suffering withdrawal - it's been over a month since I saw them :( Boo.

1 year later....a reflection,

February 22, 2009 we took the first step to taking control of our finances. We started off with 6 credit cards, 2 Car loans, and a consolidation loan, over $42,000 in debt, and a whole messload of bad habits. Here is a reflection of things we've changed as a result:

• In the past year, we paid off 6 credit cards, and a car. All we have left is the consolidation loan, and the second car. Total debt paid: $22,290.06
• We no longer use credit cards.
• We have a written budget... and we actually stick to it. If it's not budgetted, we dont buy it, unless it's an emergency....
• ...which brings me to my next point. We have an emergency fund. Luckily, we haven't had to use it except for a couple of vet related expenses. Once we use it, we halt the debt snowball until the emergency fund has been replenished, and we continue with the snowball.
• I don't go shopping out of boredom or "I Wants" anymore. If I find something I want, I save up blow money if I can justify having it. Many times, I do without. Sometimes Jonny has to tell me that my want is actually a NEED...such as clothing....when you go 6 months without buying clothes, it becomes a need to add a few new pieces to the wardrobe. However, I used to buy clothes ALL the time, and I knew this was a weakness for me. Therefore, I still try to avoid clothing stores while I'm still in this pursuit to get out of debt.
• Because of our written budget, we do not eat out to the tune of over $800 a month in FOOD. Good grief I was depressed when I first realized how much money we were wasting by eating out. Our eating out and grocery budget is now less than half that (due in part to coupons).
• I've become a better cook, and I brownbag more lunches for work, rather than swinging by the drive through.
• We saved up, and paid for a trip to California right after Christmas (to see family) entirely in cash. Flight, rental car, hotel, food, and activities while we were there, etc. The trip did not follow us home in the form of a credit card bill. Woo!
• We pay for things like auto, life and renters insurance in cash now. Rather than swiping a credit card when the bill comes due, I save up an appropriate amount every month in a savings account deemed as sinking funds for these expenses, and then when the bill comes in, I transfer the money and pay it off, rather than charging it.
• As far as entertainment goes - we've gotten creative. Date nights at home with a good movie and dinner, or movies nights at the dollar theater. Camping at the local state park is CHEAP for a weekend. As soon as tax season is over and I have my husband back, we'll be going camping this spring. Yay!

Goals for the upcoming year:

• To better manage our budget by using cash envelopes for our non-bill related expenses. Now that all the credit cards are paid off, our monthly cash flow with regards to the paychecks are going to be easier to manage because. 
• Find more snowflakes (unexpected income, or "found" money) that can be applied to the debt snowball.
• Pay off Consolidation and Car Loans by Christmas.

Hope you all have a great week!

Big News, More Couponing, and updated budget

Fabulous news! As most of you already know, we paid off the last 2 credit cards, and for the first time in over 10 years, we have NO credit card debt whatsoever! All that we have left is a consoliddation loan, and to pay off Jonny's car. We feel very confident that we will be able to do this by Christmas, and will be able to spend Spring building up our fully funded emergency fund, as well as a down payment on a house. Our goal is to be house hunting by Summer 2011! WEEE!

We've also cut our food and household budget because of the use of coupons and looking for savings. I looked back at my post from about a month ago, when I said I had spent $89, and just shook my head. These days, my shopping trips are more in the $40 range, and I have become successful at "flipping" my bill. I dont go shopping for what I need that week anymore. I go shopping for things that we use, but are also on sale. I stock up on non-perishable items. For example: Hamburger Helper. Normally $2.00 a box, today, they were 10 for $10 ($1 each) and I had three $0.75 off 3 coupons. So I bought 9 boxes for $9.00 - $2.25 = $6.75. 9 boxes at normal price of $2.00 each would have been $18.

I don't buy things just because I have coupons or just because they are on sale though. I buy things that we use, but the key to couponing is definitely to not be brand loyal. I have stocked up on laundry detergent, toilet paper, paper towels, and personal toiletries in the last month and have spent just a little bit of money doing so. They are all different brands, depending on what was on sale when. I have a good 6 months of toletries and laundry supplies stocked up right now.

I also buy more "treats" now, because I can. Jonny and I LOVE brownies....we dont make them all the time, but I'd rather buy them when they are cheap, rather than when I'm having a hankering for some, and end up paying $3 or $4 a box for the "good stuff." Today, the Betty Crocker Hersey Brownies were B1G1, and I had a $0.75 coupon off 2. Price came out to $1.02 per box. So, in short, todays trip to Winn Dixie prior to them swiping my loyalty card was $83.33. After swiping the loyalty card, and applying coupons, it dropped all the way to $37.80.

I look at grocery shopping completely differently now. If it's not on sale, if I don't have a coupon, and it's not something I can't live without for the next week, the I don't buy it. Such a different approach to grocery shopping than I used to have...

I'm still trying to find a cheaper way to buy Gillette Fusion Blades, which is one thing we ARE brand loyal to. Jonny and I both use these, and currently, we buy a pack of 16 at Sams club for $42, which comes out to $2.63 a blade. I've been looking at target, walmart, cvs, publix, winn dixie, etc, for a better price, but even with a $3 off coupon (cant use coupons at Sams), the cheapest I have found at those places are $3.00 a blade. So...until I find a better price, I guess Sam's Club will win for this particular product. If you have any suggestions for me, please let me know!

Here's the new budget. Since the last time I posted, we have lowered the cable bill, lowered the food and grocery bill, upped the medical bill. The snowball has changed as a result of no more credit card debt, and anything left over at the end of the month will also be tacked on to the NFCU Loan until that one is knocked out as well.

--------Incomes--------
A Disability 123
J Disability 123
GIBill 1518
Paycheck 1051 (after tax)
Paycheck 1051
Svgs Allotment 100
Svgs Allotment 100

--------Charity--------
AXiD 10
Church 300

--------Saving--------
Savings 443
Sinking Funds/NFCU 300

--------Housing--------
Rent/Water 794

--------Utilities--------
Electricity 150
Mobile Phone 142
Cable 85
Storage 40


--------Food--------
Food & Household 300

--------Transportation--------
Gas & Oil 125


--------Medical/Health--------
Medical 75


--------Personal--------
A Blow 100
J Blow 100


--------Debts--------
Student Loan 126
Corolla Loan 276
NFCU Loan 700

February is going to be a fabulous month.....

Oh thank goodness January is over!!!! January is our busiest month at work, and even though I still have quite alot to do in the upcoming weeks prior to my counterpart's maternity leave, I feel like a huge weight has been lifted and things will hopefully be easier this week and going forward.

I'm really looking forward to February for several reasons. Next weekend is the annual women's retreat for church at Callaway Gardens. This is my first time going. I didnt go last year because Jonny and I hadnt been going to the church for a full month yet and I was not comfortable going with a bunch of ladies I didn't know at that point, but I've been looking forward to it this year ever since they started talking about it last summer.

Tax season is in full swing and Jonny finally got his first few customers at the office last week, so that's GREAT for our financial situation. We actually filed our own taxes on Friday and when it comes in, we are going to be able to pay off the last of 2 credit cards. After that, all we'll have left is a previous signature loan, and a car loan. Depending on how tax season goes with Jonny will determine how quickly we can get those two debts paid off too. The quicker they are gone, the quicker we can work on our FFEF (fully funded emergency fund) and then work on a down payment for a house. I think that things are going to fall into place at just the right time for us. The economy hs nowhere to go but up, and by the time we have a down payment saved up, I'm certain that we will be able to get a GREAT deal. I hope we'll get a fab deal on a foreclosure that we can invest a little bit of elbow grease into to call it home. Fingers crossed that it'll be next summer....

Whoops, sorry. Got off on a tangent there. Well, like I said above - we're going to be paying off our last two credit cards this month. We're also going to 'Bama next weekend to see the in-laws for a superbowl party. NASCAR season is almost here! Daytona 500 on the 14th, only 2 more years until we're planning on being there LIVE!

I've also got to get started on the whole Crossroads Career thing at St. Mark. Aimee, Shannon, Hannah and I were all talking about it back before the holidays, but the holidays just drains you, and with January as busy as it was, I just knew I couldn't put any effort in it during January. So it's time to get the ball rolling for this. I pray that it works out and we can get the funding we need to be able to start this ministry.

Finally, as I mentioned in a previous post, I recently joined the YMCA. I am sad to say that I've only been twice so far, but in my defense, it was closed for a few days last week because they were moving to a new location. That location is open now, and I am planning on getting my butt up in the morning to go, and finally get this habit formed of going. I need to figure out what group classes I want to attend, but I'm afraid to just show up and have them kick my butt and me not be able to keep up with the rest of the class. I've heard alot of people talk about Zumba...I may have to try that for starters. Besides - I'm afraid of Karen and Hannah (from work, who both teach RPM and Body Pump) *grin*

Why I Tithe...

So, one of my good friends yesterday sent me a message yesterday asking me some questions, and it inspired this particular post because I wanted to explain why I tithe, in case there are more people out there with the same kind of questions.


I feel like tithing is not an option, but rather, a necessity. The bible gives us instruction to tithe to the church. A Tithe is a 10th of your income. Anything more or less is an offering, a gift. So don't call it a tithe if it's not.

When Jonny and I first started attending St. Mark, for the first few months, prior to starting FPU, and even into the first month or two, we gave what we "could." We knew it was important to give, but 10% of our single income while he was not working was enough money that if we kept it for ourselves, it would make things easier...

That's not entirely true. In our experience, tithing is like an emergency fund; it's Murphy Repellant, as Dave calls it. When you have an emergency fund in place, your emergencies are less severe, and less frequent. Prior to having an emergency fund, a flat tire, or medical bill, or other kinds of unforeseen expenses would have been put on a credit card, because that was the only way we were able to handle it. Since creating the emergency fund, emergencies don't appear to happen as often - and when they do, it's only a minor inconvenience, rather than a catastrophe.

Like I said, in our experience, tithing kind of feels like an emergency fund to us. When we started tithing - rather than giving a small offering, our finances seemed to fall into better shape. We "found" money we didn't know we had, and we learned to better manage the money we DID have, so that it stretched further, and wasn't such a tight squeeze to make ends meet. Over the summer, Jonny had a temporary job which helped kick start some of our debt. Sure, it wasn’t permanent, but by that point, we had been living on one income for over 6 months, and the budget we had worked, so we continued living on that budget, and his extra income from that temporary job went only to debt (and, the tithe that was required from it).

I've listened to Dr David Jeremiah on the radio at night in regards to what it means to tithe, and why it's important. Dave says some similar things. Basically, what they've said is that our money is not ours. EVERYTHING we have is because of God. Yeah yeah, I know some of you out there are rolling your eyes about the freakish religious aspect of this post by now and how I must be a brainwashed Christian. Um, no. Just because someone is a Christian doesn't mean they are a brainwashed psycho. I'm not trying to change your mind, just letting you know why I feel it's important to tithe.

My church has been wonderful for me, and our transition in Columbus. I swore after I left the military, I'd NEVER leave home again. Well, I did - sort of. Yeah, it's only 2 hours, so it doesn’t really count, but 2 hours is still far enough away from my friends and family, that I get a little homesick from time to time. I've gotten really involved in the church, and it's helped make Columbus feel more like home. So in one sense, I feel like I owe it back to the church, for helping me. Here's an analogy that my sorority sisters will love: The same way that a sorority is fun and games, but needs money to operate on - a church has a responsibility to the community. Guess what? The church needs money to fulfill that responsibility.

I have friends who say "I can’t afford to tithe." Really? 10% is enough to make or break you for the month? If that's the case, you really should look at where your money is going and cut some unnecessary expenses. You don't NEED a cell phone at $150 a month, catch my drift? If you can’t afford to tithe, then Christ "can't afford" to reward you for being good managers of the money He gave you. We've all heard the story of the master with 3 servants, who gave the first servant 5 talents, the second 2 talents, and the last one 1 talent. The first 2 used their talents and made them grow, and I think, if I remember correctly, they at least doubled their money at the end of 1 year. The 3rd guy buried his talent in a hole for fear of losing it, and the master was displeased with him because he hadn’t used it to do anything with.

Basically, it's like this. If you can’t afford to live on 90% of your income, you can’t afford to live on 100%. If you can't show God that you are smart with your money, He has no reason to reward you with more. People say they can't afford to tithe, but I say; how can you afford NOT to? Yep, my 10% a month is a big chunk of change that could certainly go towards my debt snowball. But as luck would have it, if I didn’t give that 10% per month to the church, my financial luck would diminish. I'd have broken down cars, and medical expenses, other unexpected costs that my poor little baby emergency fund couldn’t not Murphy Repel for me, and then I‘d need that 10% - OR MORE - to cover those catastrophes. I am not willing to take any chances. God blessed us when we started obeying. Why would I start disobeying now?

http://www.daveramsey.com/article/daves-advice-on-tithing-and-giving/lifeandmoney_church/

Coupon Junkie

I went to a couponing class last night and I learned SO MUCH about how to save alot more money on my groceries and household goods. Apparently, there is a difference between combining coupons, and stacking them. Combining means using 2 manufacturer, store, or competitor coupons at the same time. Stacking, on the other hand is when you have a manufacture coupon in conjunction with a store coupon and possibly even a competitor coupon. Combining is not allowed. Stacking is.

If you wait until items go on sale - especially B1G1, and stack with a manufacturer coupon, store coupon, and competitor coupon at the same time, you may end up getting your item for mere pennies.

Some couponers make a game of trying to flip their bills. This is when you save more than you spend. I had a small shopping trip tonight, but I had my first flip! I bought 4 items: 2 bottles of Aleve ($3.49 each), a bottle of All laundry detergent(6.49) and a bottle of Clorox bleach(2.19). Total Regular Price: $15.66.

I had coupon for $5 off 2 bottles of Aleve. New price, 1.98.
All detergent was on sale for $5.99. I had a $1 off coupon. New price: 4.99
Bleach was free with the purchase of All. New Price: $0.
New Total: $6.97 + tax.
Savings: $8.69.

I could get used to this.

I talked to Jonny, and we're going to clean out the front coat closet and make rooms for more shelf space in there for household and pantry items. The coupon class taught me that the way to save so much money was to buy it with stacked coupons, while they are on sale, and to stock up as much as you can when they are on sale.

Ebay is a good place to find coupons if you're too lazy to look for them yourself. Southernsavers.com is a good site to check out for upcoming coupons that will be available, and what the best way to use those coupons are.

I cant believe I never knew you could stack coupons...and use competitor coupons. Oh my goodness.

New Goal: Cut my Grocery and household budget in half. By doing so, I'll have an extra $200 a month to put to the debt snowball. Lets see if I can make it work :)

Going to the YMCA!

So I think I'm going to join the YMCA here in town. Unlike my unsuccessful attempts at working out and getting healthy in the past, there's no contract to join, so I wont be wasting money. There's a one time registration fee, and a monthly draft. You have to give a 30 day notice to cancel membership, and that's it.

I'll get a discount through work. Right now, I'm just going to sign up as an individual. Jonny has access to the gym facilities at CSU, so there's no reason to buy the family plan if he's going to work out at the school instead. So for an adult, I'll have a $40 registration fee and a $26 monthly draft. The classes are free, and there are 3 YMCAs in the columbus area, so I'll have access to them all with my membership. They open as early as 5 am, and close at 9pm, so there will be plenty of hours of the day that I can go.

I'll have to work these fees into our budget, but I'll be able to make it work. Besides, $26 a month is less than a weeks worth of eating fast food for lunch every day, which I'm not doing anymore. Yay for found money!

Speaking of fast food, I've only eaten fast food once, since January 1st, and that was Zaxby's lunch on Saturday the 2nd. I want to see how long I can go without succumbing to the fast food junk. It'll be a help physically and financially.

My brown bagged lunches arent the healthiest in the world, but I guarantee a can of chef boyardee is alot better than a double cheeseburger and fries. One thing I remember from being on weight watchers is that eating healthy is EXPENSIVE. Buying fresh produce and salads, this that and the other. It was terribly expensive to be eating such a small amount (and having chocolate cravings). It's difficult to make strides financially and healthwise at the same time, so I'm having to learn to balance. Financial is my priority right now, so hopefully I can make the healthiest affordable meal choices possible going forward.

Now, if I could just get off the soda and start drinking more water...ugh.