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Home > Inauspicious beginning to my savings goal; pics to make up for it

Inauspicious beginning to my savings goal; pics to make up for it

January 21st, 2012 at 04:57 pm

Well, I added $25.46 to the US EF account. Then a couple of things happened:

-Our UK rental management company let us know we had a 300-pound windfall
-But they recommend we buy a 999-year lease, which will cost 600
-And the semiannual fees hit, plus some other random stuff, to the tune of 300-plus

Renters paid an extra month's rent, but somehow I need to transfer 800 pounds (US$1600) from UK savings to cover the lease renewal and 2 months of mortgage payments.

So, our EF starting point was $14,472.57, our goal is $20,000, and we're currently at $12,898.03. Need to save $7101.97 or $646 per month for Feb.-Dec. Not gonna happen, unless I divert extra money from student loan repayment. No, that goal is more important. So I already know we're probably going to fall short on our EF goal for a second year in a row. Frown

So, to get back to a happy place, here are some pics from our Cancun trip!






Posted in Uncategorized | 6 Comments »

6 Responses to “Inauspicious beginning to my savings goal; pics to make up for it”

  1. MonkeyMama Says:
    January 21st, 2012 at 05:27 pm 1327166857
    1327166857

    I wouldn't get too upset about it. The year is YOUNG. Anything can happen between now and the end of the year. Good or bad, but we can hope for GOOD!

    Great Pictures!

  2. Looking Forward Says:
    January 21st, 2012 at 06:37 pm 1327171066
    1327171066

    That sounds like a blast!
    Thanks for posting pics.
    AA is getting sooo big! Smile
    Where did you stay? Would you go there again?

  3. frugaltexan75 Says:
    January 22nd, 2012 at 05:41 am 1327210886
    1327210886

    Why would you need a 999 year lease??

    Beautiful pics!

  4. ceejay74 Says:
    January 22nd, 2012 at 06:16 pm 1327256164
    1327256164

    frugaltexan, my guess is in England you never own your land outright, but this would effectively give us ownership for the next thousand years, thus increasing the value of the home (because no one will need to renew the lease for the foreseeable future).

    The owner of the management company also owns a couple of flats in the same development, and he said he bought leases for all of his. That convinced us it must be a good idea (even though I don't fully understand it myself).

  5. LuckyRobin Says:
    January 24th, 2012 at 05:34 am 1327383285
    1327383285

    Oh, the water is so blue! It's gorgeous. I love that little dress you've got the baby in. She's adorable.

  6. ceejay74 Says:
    January 24th, 2012 at 05:28 pm 1327426085
    1327426085

    Thanks Robin! It's my new favorite picture of her. Smile These pics don't even begin to show how blue the ocean was. It was an incredible sight.

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