With the right mix of breath and negligence, all those little budget campfires can blow into a forest fire. I want to say that extra paycheck was earmarked for financial growth and moving the needle more on our mortgage debt, but maybe the best I can say is we didn’t have to dip into savings to pay the bills this month. And some months, just putting out all those little fires is the best you can do. How’d we do this month? Three Paychecks! So, due to the way I’m…
Category: Debt
Net Worth & Debt Update May 2018 – One Pump, Two Pumps
I’m here for an oil and air filter change, and could you check to see why the car’s overheating so fast? 24 hours later, we’re $1,031.30 poorer with a new water pump and timing belt. Maybe I’ll revisit those sinking funds to adjust what we’re putting into our Maintenance and Repairs budget. Ugh. It was only May 2!! Did we not just buy brand new tires two weeks ago?! No, Daddy, put the blue water back in it. ~ Augustus The pool has taken on an extra-bright green lagoon…
Net Worth & Debt Update: A Month of Freezer/Pantry Meals
Dinners from our Pantry & Freezers (And April’s $100 grocery budget) (& Our Net Worth & Debt Update): Fair Warning to Foodies: This ain’t no gourmet food blog so don’t disappoint yourself looking for dinspiration here. (see what I did there?) We’re cleaning out the freezers and pantry this month. If you’re looking for the net worth and debt update, scroll on down to the bottom. April 1 – We were all so full of Easter lunch and candy that dinner was a tub of cottage cheese. Getting creative with…
Net Worth & Debt Update: March 31, 2018 – Wait, What?
Hoowee, boy! Where have we been? I’ve had a lot of guilt over not writing for nearly four months, so here are my excuses: Our oldest started Pre-K, so now the boys go to two different schools, which has required a little extra coordination. Also, it costs just as much with tuition, after school care, and all that fundraising to have him in pre-K as it did in daycare–no cost savings this year. Then I had emergency surgery in September to yank out my gall bladder, appendix, and an ovary with…
2017 Super Ambitious Goals and Net Worth Update
So, we’re just past the middle of 2017 and it’s time to report on our progress. In keeping with our Super-Ambitious 2017 Goals Post, which was a few months late, this mid-year check-in isn’t perfectly on time either. However, it has given us a few extra weeks to settle into our summer garden, as you saw last month. 2017 Super-Ambitious Goals Update: Earlier this year, I showed you my goals for achieving a “Level 10” year on Burton Farm. In each of ten areas in the bullet journal I keep,…
Net Worth Post & Debt Update through 5/31/2017 – Should we buy a pool?
Well, here we are, five months into the year. I’m sure we’re just settling in to life without double mortgages, but still, my control-freak nature tells me we’re floundering and had better get it back together or we’ll lose momentum toward our goals. Chaos is totally a control-freak’s dark place. But maybe we are just seeds, being soaked overnight in a deep pool before planting. Christine Caine says sometimes when you’re in a dark place you think you’ve been buried, but you’ve actually been planted. I don’t know about you,…
We reduced our debt by $108,211.80 in one year! – Net Worth & Debt Update March-April 2017
So, it’s been one year. A year since we tallied up just how deep in debt we were and decided to eliminate it on a ten year deadline and document it on owningburtonfarm.com. This is a special post. Not only will I be talking about March and April’s numbers, I will also be talking about how we eliminated $108,210.80 in debt in our first year. I’m putting the numbers in a spreadsheet in our resource library so you can see exactly how we did it. You can see where we started…
Net Worth & Debt Payoff through 2/28/17 – How Do You Spell Debt RELIEF?
You know how when you’re a kid, it feels like you can physically FEEL Christmas, like electricity in the air, but when you grow up, it’s kind of just another day? I thought I’d feel lighter now, but today feels the same as the day before. We closed on the sale of the townhouse yesterday and have again made a substantial reduction in our debt-load. What a relief! We feel elated and excited, but also a little bit sad. In the past two years, I had repeated many positive affirmations about the sale…
Net Worth & Debt Payoff Through January 31, 2017
January 2017 for us, like most families, was mostly spent in survival mode. But not because of any holiday hangover as we paid for Christmas with cash. No, three of our family birthdays are in January and I’m on a mission to make memories. Also, because I am a lousy mom, I missed my youngest son’s 12 month and 18 month photo sessions, but was adamant that we secure his 2 year images on film. Forget the townhouse that hasn’t sold. Forget putting any seeds in the dirt. THIS is important! THREE…
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…