Layout:
Home > Various financial doings

Various financial doings

May 31st, 2012 at 09:48 pm

Lots of random little things have happened financially recently:

-We took part in a condo garage sale. We made $16 pretty early on and then not another penny. Spent $8 of it for 2 puzzles, a pair of snow boots and maybe something else. Since we'd been using the girls' piggy bank to make change, we just put the $8 or so of profit in with their money.

-Deposited said piggy bank and it was almost $100, so I made up the difference and moved it into savings for SL. She already has some money there. Once she has $1000, I'll open a CD for her.

-We took the clothes and some other stuff that didn't sell at the sale to the church donation van that parks across the street from us every Sunday.

-We took the books that didn't sell to a used bookstore. They took a few of the books and gave us $15, but we had a ton they didn't take. I looked at a few bookselling sites and confirmed that the books have pretty much no resale value. I looked up charities, and we're going to donate some of the books to the Women's Prison Book Project and the rest to the library. Both good causes.

-AS got a tax bill for $101.34 from the IRS; they claimed we'd overstated what she'd paid in estimated taxes. I checked back through my records and they were right! Part of the amount is to cover the balance of tax we owe, and a couple bucks of it is a late fee. Fair enough.

-NT's student loan account that wasn't showing payments finally caught up! ... mostly. The principal balance is suddenly much closer to my calculation of what it should be. They said they'd fix it by adjusting the original loan amounts or something, and I can't figure out what they did. Their balance is about $380 higher than what I estimated it would be. I was going to call and argue, but I have no real basis for my claim, whereas they have fancy computers and stuff. So I'm going to give them the benefit of the doubt and say I messed it up -- after all, I did make the tax mistake recently.

-I immediately sent a $400 payment. I don't want to have to change my spreadsheet to make the debt amount higher, so this will bring the actual principal in line with my version.

-I wasn't sure how I was going to pay for the tax bill and the student loan payment above, BUT I checked our paychecks today and found they were more than I'd bargained for. Turns out I'd underestimated NT's pay during his part-time parental leave, and I forgot that I'd adjusted my withholdings since I'll most likely be claiming SL on my and NT's tax return next year. So when I applied those changes throughout my spreadsheet for June and July, I was able to cover the above unexpected bills plus a little left over. Hooray!

-My tax adjustment is a permanent boost in our income, so I can figure that into the budget. Only about $60 per month, but believe me, I can put it to good use!

0 Responses to “Various financial doings”

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]