Friday, July 31, 2009

Wow, that was fast...

We made the offer on the condo on Wednesday morning at 10:00, the seller countered and by dinner time we had mutual acceptance! We'll be closing on September 1st. Now we need to figure out what to do about my condo. Do we try to sell it right now in this repressed market, or do we rent it out for 6 months to a year and then try to sell it? Tough decisions ahead. I'm going to meet with our real estate agents this next week and discuss putting mine on the market and see what they think I can get for it, if it's not reasonable, I will rent it out for awhile. I really don't want to be a landlord, but I also don't want to sell my condo for too little. So, even though I know I can't rent it out for quite enough to cover the mortgage and association dues, I think renting may be the way to go, at least for a little while. My fiance can afford the new place on his salary and I can certainly afford my place on mine, so we can swing it for now, which might be the best way to go and hope the market recovers quickly, so we can sell my condo. I don't want the hassle of being a landlord is what it really boils down to. Does anyone have any suggestions or advice on this? Is it really not as bad as I am thinking it will be?

Wednesday, July 29, 2009

Lots going on...

The garage sale last weekend was a big success!! I got rid of TONS of stuff and made some money to boot! We had great weather and my step dad did an amazing job with the signs which brought a lot of people in. When we were done we had only 3 small boxes of stuff to take to donation.

It's been REALLY hot here this week. We don't get this kind of heat often and it's tough for us to deal with. It's been in the mid to upper 90's, which may not sound too hot to some of you, but when you aren't use to it or equipped for it, it's unbearable. Very few people around here have AC, myself included. I don't even have a fan, so it's been really hot. I have been closing all of my blinds in hopes of keeping the heat out. Taking cool baths in the evening and drinking lots and lots of water. Haven't felt much like eating since it's been so hot, which is good for the wallet and the waistline! It's suppose to stay like this for at least another week!

Well, we did it! We made an offer this morning on a condo that we love! It's right downtown and we can walk to everything, something we both love and will take full advantage of. It's a great deal and needs minimal work to update it. I really hope we get it, it would make a great first step for us! I'll keep you posted, hopefully we will hear something today or tomorrow about it. I'm sure the owner will counter our offer, but we figured that so we put in a low offer with room to haggle. Keep your fingers crossed! :)

Thursday, July 23, 2009

Clearing stuff out...

I am taking tomorrow off from work and my mom and I are having a garage sale. My parents moved in to their house a little over a year ago and my mom decided it was time to clear stuff out, if they haven't opened the box yet, they probably don't need to keep it. And with me getting married in a few months, I know we will be getting all kinds of new stuff, so I have decided to get rid of a lot of my household goods I have had since college. It feels really good to clean out and go through stuff and purge all kinds of "extra" stuff we have lying around. I am getting rid of lots of kitchen stuff and I know it will be a little tough to get through the next months without some of this stuff, but it'll be great to already have room in the cupboards for the new stuff when we get married. Hopefully it will be a great day and we can get rid of lots of stuff. We have a plan that whatever doesn't sell by Saturday afternoon, we are taking to Salvation Army on Sunday, it's NOT going back in to our houses. ;)

Tuesday, July 21, 2009

Didn't sleep well last night....

Do you ever have one of those nights where you just can't sleep? And the harder you try to go to sleep, the more it eludes you? I fell asleep fine, but could not stay asleep. I woke up at 2:00am and I think I finally fell back asleep at 5:30, 30 minutes before the alarm went off! Darn it! I hate that! I'm not sure why I couldn't sleep, but all thoughts kept returning to money. We are doing fine financially, but we are still looking for a house and we may have found one over the weekend, we are talking about putting an offer in this week. We're pretty sure we are going to do that and we both feel that this is a great starter place for us as newlyweds, it will give us a little room to grow, as we are hoping to have kids soon, so it will hold us for a few years, when we will need to up size, but it fits in to our budget right now without stressing it. The F will still be traveling back and forth to California for work and since the company won't be paying for it, we will, we didn't want to buy something more expensive yet. We are going to have enough stresses in our lives, we don't want to add money stress to it as well. I think we are making a smart decision on this place, and I hope we get it, but buying a house is such a huge thing, and it is obviously stressing me out! Hoping we find out more about the place today and decide what we are going to do, maybe then I'll be able to get some sleep. Until then, coffee, here I come!

Monday, July 20, 2009

Transferred some more money this morning...

after having a fairly inexpensive weekend, I decided to transfer some more money into the savings account. Only $150, but every bit helps and is getting us closer to that goal of $30,000. We haven't asked my parents for any of the money yet for the wedding, they offered us a set amount of money and will give us some whenever we need it. Up until now, we have been paying for things on our own. I think we are about done paying for our stuff and what is left will be covered by the money they have offered us. So, I guess it's time to start asking for them to pitch in. I hate that, but I know they would feel awful if I didn't let them pay what they are comfortable with, so next time I see them, I will have to bring up the conversation and start getting some of the money from them to pay for stuff.

I hope everyone had a great weekend, we had fabulous weather here and we were able to get out and enjoy a lot of it, hope you did where you are too!

Thursday, July 16, 2009

A change in the goal...

The F and I were talking the other night about savings and what we want for a down payment when we find our dream home. He suggested we try to have at least $30,000 down, so I have changed the goal ticker at the top of the page to reflect that amount. But I have a feeling he is much like me when it comes to these kinds of things and we will reach this fairly quickly and increase that goal. I'll keep you posted! It's becoming clear to me that I have a very addictive personality when it comes to stuff like this! Ha! At least it's not an addiction that should be able to get me in trouble! :)

Wednesday, July 15, 2009

Back pay coming...

I just got a phone call from the F and he is going to be receiving just over $6,000 in back pay that is owed to him. This will be added to our savings at his request. He wants us to work as hard as we can to continue adding to that savings so that we have as big a down payment as possible when we finally find the house of our dreams. I love that he is so practical about this, just like me. I think this is a good sign as to how we both relate to money... :)

What a nice treat to come home to...

I got home from work yesterday to find 2 packages for me. I love getting packages, the anticipation of what is inside, hmmm, what can it be? So, I open them both up and find that they are both products for me to try for the next couple of weeks and then do short surveys on. I can't tell you what they are until I am done, but it'll be fun to try them both out and even better, the short surveys when I am done, are both going to pay well. $25 for one of them and $45 for the other!!! Jackpot! So far I like both of the products, but I won't be able to tell anything until some time has passed. Fun stuff, and just the pick me up I needed after feeling so down yesterday! :)

Tuesday, July 14, 2009

Just one of those days....

do you ever have one of those days where you just feel down, for no real reason? I'm having one of those today. I wish I could just snap out of it, but I can't and I don't know why! Grrrr! OK, I am going to really try to feel better, not sure what this is about. :(

Sunday, July 12, 2009

An entire weekend with no money spent...

I have just had the best weekend and it didn't cost a dime! I came home from work on Friday and ad the most relaxing evening, I sat on my deck and had a nice glass of wine and read my book. Saturday I slept in and it felt wonderful!!! I never do that, so it was very indulgent! I made cookies for my neighbor for his birthday and delivered those, then back out to the deck with my book. I started my laundry and enjoyed the quiet day of reading in the sun and lounging. Today, I finished my book which was a goal for the weekend, now I can go see the Harry Potter movie next weekend, yay! I've spent the rest of my day relaxing and watching movies, although I did tackle a huge stack of ironing that has been staring at me for a long, long time. Feels like I have a closet full of new clothes now. ;) I went to bed early every night and slept in both days, it was heavenly! I haven't driven anywhere or spent any money. Not all weekends can be like this or life would be extremely boring, but every once in a while it feels great! I hope you have all had a great weekend too! Enjoy!

Wednesday, July 8, 2009

I'm a little bit envious...

yesterday I went to my Mom's retirement party where she worked for just over 20 years. They had a lovely reception in her honor and it was so nice to see so many people turn out to wish her well on this new journey. I was amazed to hear so many people say they didn't think they would ever be able to retire as they knew they wouldn't be able to afford it. It got me thinking about my own retirement and how I am doing with it. I know I am nowhere near where I should be in terms of saving and need to get better about it. But I also reminded myself that I do have a pension that I can start drawing when I am 55, that I do not include in my current net worth. I hide this money from myself so it will be a little like finding money in a coat pocket when I don't expect it.

Anyway, I am so happy for my mom and I know she is in a great position to retire and not have money issues for the rest of her life. No wonder she looked so darn happy yesterday! She has worked very hard over the years and planned well and now will reap the benefits of that hard work. It was pure motivation for me to get my own butt in gear and follow in her footsteps. I came in to work this morning and increased my retirement savings by 2%. :) Happy saving everyone!

Monday, July 6, 2009

Update on the goal

So, it looks like I will have no trouble at all reaching my goal of $20,000 by Aug. 31, so I am increasing that goal to $21,000 by that same date. When I chose that first goal, I really thought it was going to be a struggle to reach it, but it proved to be much easier than I thought. If the same is true again, I will continue to increase it. I'll keep you posted on how it is going. Keep checking back to watch the ticker above move along. :)

I hope everyone is having a wonderful summer....

Wednesday, July 1, 2009

Merging our finances...

The other day my fiance and I went to the bank and opened up a joint checking/savings account. I think, keyword there is think, we have the same style of handling our money, but this will be a real test to see if we do. I know I am more of a saver than he is, but then I am more of a saver than a lot of people, so this comes as no surprise to me. But, I think we are both pretty good about spending within our means and not spending carelessly. Neither one of us carries any debt other than my mortgage for me and a car payment for him. We are still house hunting too, so most of our extra money has been going in to savings for the down payment. We will be keeping our own checking accounts for now and may continue to do so even after we are married. I guess we'll have to see how it goes with our spending between now and the wedding. We plan on using the new account for anything that comes up that is a wedding related expense or anything out of the ordinary. I don't have much to say yet about the account since we just opened it on Monday, but as we start using it and seeing how we both handle money, I'll keep you posted on our progress. Does anyone have any helpful advice on how to handle this new process for us? Wish us luck!