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Home > My raise came through :)

My raise came through :)

April 15th, 2013 at 08:39 am

Still haven't had my official annual review with my boss, but the 2% raise hit the checking account, so I'm happy. Looks like I'll net $60 instead of my guess of $40 per month! It's going straight to extra student loan payment for a while, then eventually to saving for a house.

We had a miniscule amount of big-picture progress; $0.26 of interest earned in the regular savings account, which I'll put toward the medical EF (taking it to $1,487.61). It reminded me to check our house-fund savings account and we earned $2.04 of interest in there, which will go to the house fund (making it $4,046.50). That brings our big-picture progress to $12,545.04.

Had my second "League of Ordinary Savers" meeting on Sunday. A few people canceled so it was just three good friends, which was super fun. We mostly talked about "All Your Worth," the great personal finance book by Elizabeth Warren and her daughter. One of the main premises of the book is trying to achieve that 50/30/20 budget balance, so we talked a lot about all the categories, how to calculate them, how to get them in balance and where to put your money once you were ready to really focus on saving for retirement.

That evening AS and I watched a documentary about the explosion of the consumer debt problem, called "Maxed Out." Even though our family is out of consumer debt, hopefully for good, it was very chilling. Elizabeth Warren was in it a lot; I love that she's had a very consistent career of trying to stick up for the little guy against big financial institutions and crooked politicians. Anyway, watching the documentary made me really hope that my new group/blog/Facebook page will actually make a difference in a couple of people's lives.

We spent a bit more on groceries this weekend than I wanted, but we feel good about our chances of getting back on track next week. There are some very good sales on produce coming up, and we have some staples that we can eat through to make our list shorter. I don't think we'll be dipping into the next two weeks' grocery money.

AA had her very first completely dry diaper overnight this weekend! She seems to be naturally training herself out of going in the middle of the night. So someday soon maybe we won't have to buy pull-ups anymore.

This weekend I had several unexpected drains on my personal spending money. First, we were supposed to have a babysitter Saturday but she flaked. But we all paid in anyway, because we'd bought her tickets to a show that she was supposed to pay back with babysitting. We decided she's so flaky we'd just pay in the money for the tickets into the checking account anyway, and never ask her to babysit again. Then, AS and I went to a party and missed the bus on the way home, so we split the cost of a cab. I had the munchies when I got home, so I ordered late-night delivery. And, our daycare lady had a health scare this weekend, so we decided to pitch in $20 each and get her a food-delivery gift certificate.

Despite all that, I still have about $50! I have a dinner and drinks date with friends and potentially a lunch date with some other friends this week, so I think the $50 will just about cover it. Cutting it close, though. I'm so glad I barely spent any money the week before, which is why I had so much available for these unexpected purchases.

I sent off a nice big payment to NT's student loan Friday, but it hasn't hit yet. It's come out of our checking account, so I think it'll hit tonight; that's the pattern this account has followed lately.

One of SL's first-birthday presents was a $50 Target gift card. Well, she literally wants for nothing; she has more clothes and toys than we know what to do with. So we used the gift card for groceries and I put $50 of grocery money into savings for her. She's at $480 in her U.S. savings, almost enough to start a Pax mutual fund. I should empty their piggy bank so I can get that started for SL.

3 Responses to “My raise came through :)”

  1. creditcardfree Says:

    Congratulations on your raise!

  2. snafu Says:

    While the market is still high, I suggest you look into possible low cost, low risk Bond Funds or ETFs which have paid about 5% with low volatility. The downside is that you need to monitor for if interest rates go up, Bond Funds lose value quickly.

  3. PNW Mom Says:

    Congrats on the raise!

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