2009 Goals

Wow. Back-to-back posts. Dont have a stroke.

After posting that last entry, I was reading through it, and the list of my goals caught my eye. Being 2010 now, I think that it would be appropriate to comment on how things went, and of course, judge myself for failing to get things done...

Short Term Goals: Jan 1, 2010
- Increase savings account to $1,500. FAIL (6.5%). OUCH! There is only $97.29 in my savings account! Well, that sucks. I really need to get back to work on that savings account.
- Start & Get Vet/Emergency Savings to $400. FAIL (63%). I have $251.30 in the Vet savings account. It is not $400, but there is money there. But still, I feel sad that the cats have more money in their account than I have in mine.
- Pay down credit card debt to $6,000 (pay $4,400). FAIL (93%) I did not quite get the credit card debt down to $6000, but now the total is only $6478.79. And I did pay a total of $4081.23, which is better than I thought it would be going into this post.
- Pay down CitiLoan by $2,700. WIN (115%). WOO! This one I did good, but I also think I was setting the goal too low, as $2700 is paying the minimum each month.
- Pay off Capital One ($409.96). WIN (100%). Although, technically I did not pay it off by Jan 1. It was paid off by Feb 1, which is good enough for me.

Mid Term Goals: Apr 15, 2010
- Pay All Federal 2008 Taxes ($3,905). FAIL (51%). Federal taxes are not paid off yet. But I have taken a nice sized chunk of out them. But it is not quite April 15 yet. Here is hoping that I can really get this done. Although, I did manage to pay $2000 to the IRS between August 2009 and February 2010. Maybe at this rate, I will get this done by the summer.
- Pay All State 2008 Taxes ($1,319). WIN (100%) I mailed my last state tax payment in October 2009. WOO!

Okay, so actually looking at things in better detail (which forced me out of bed to the other computer where the Quicken info is), I am not as bad off as I thought I was. I am nowhere near where I want/need to be, but I have accomplished some of my goals and made some nice progress on others. Really, my biggest FAIL is the savings account. And I need to remember not to use the credit card that I can use. Simply keep paying on it. That is hard, but I should be able to do it.

But now, I am off to bed.

This is not a catch or creative title.

Yes, before you say anything... I realize that I have fallen off the face of the earth for a few months. It happens. Im sorry. Moving on.

I had hoped to get motivated enough to do my taxes this weekend, but alas, Ally McBeal DVDs and my couch won out over the 1040.

Sidenote: WOW. Finding that link made me very glad that I bought this DVD set when I did. At $129, it came in under my Three Cents per Minute Rule. Now, it is listed on Amazon for $182.49! Good job, Okturn!

Anyway, I have mentioned before that one of my good friends at work was fired last fall. Well, recently he found a new job. Unfortunately (for me, fortunately for him), his new job is in another state. Inspired by my moving road trip with SS4BC, he asked me to help him move, which will entail driving down with him and his wife and then flying back home on my own. His new job is giving him $2500 for moving expenses, which is awesome! I talked with him today about being concerned about expenses on the road trip, and he said that the new job would reimburse him for stuff up to the $2500. And until that second, I had not thought that was how that would work. In my mind, they gave him $2500. Hmm.

Of course, being as self-centered as I am, I turned this inward and became worried that when I find a job, I am not going to have the money to pay for the move up front. UGH. Seriously, right now, my big financial concern is scraping together enough cash for a plane ticket and rental car for getting to a conference in March for work. I will get reimbursed for the travel, but I have to pay for it all up front.

Basically, I need to be saving a lot more than I am now. Sadly, I have not put money into my savings account in months. Winter is expensive in New England. My utility bills were about double (maybe triple, but I dont know the numbers off the top of my head right now) what they are in the summer, because of the damn heat.

Anyway, my savings amounts to a measly $300ish right now. Really not enough for any type of emergency, except for an emergency trip to the grocery store. It makes me mad that, once again, I have fallen out of habit with one of my projects (here being this blog and diligently managing my money). The irony is not lost on me that when I stopped regularly writing in the blog is when I stopped paying attention to my money and really have no extra anywhere.

Really, my fear now is that I am going to find the perfect awesome position somewhere next year and not be able to afford to move to the new job. How stupid is that? Anyway, this has lit a mild fire under my lazy ass to get back into financial shape. And get myself to where I am not scared of my account balances.

The upshot of this spring is that with any luck I wont owe any taxes for 2009, and there may even be a small refund (which will go directly to my outstanding 2008 tax balance). The 2008 taxes will get paid off by this summer, or I will have to kill myself. And once that is done, the $250-400/month that I was paying the IRS can go into savings, and I may be able to breathe again. I have yet to actually sit down and figure out if that is actually numerically possible. But I hope to get to my taxes this week, and I will write a post all about that. And hopefully, I will have some updated goals for 2010 and perhaps some updated status bars.

**sigh**

I must be more proactive and less reactive. But really, I want to be less terrified about the future, so that I can actually start looking for a job and get out of this hell hole.

Exciting Day

Argh. So, I have gone from several posts per week to about one per month. What can I say? Sometimes, life just gets in the way of living.

However, today was quite a financially exciting day. For the first time in I dont know when, I spent ZERO DOLLARS today!! I always buy lunch and get afternoon snacks and such. But today, I actually brought my lunch to work (leftover Chinese from Sunday), and I managed to stave off my cravings enough to avoid Walgreens and the store. So, yeah. Go me!

Then, in a flush of inspiration when I got home, I rolled all my change. Honestly, I am totally surprised at how much change I had in my change jug. $139.50!! There is about $3-4 that I didnt get to roll, but I do fully intend to take my change to work tomorrow and annoy the crap out of the people at BofA and deposit it. It is sad, because there is more money in change on my coffee table than there is in my checking account. But I had been worried about how I was going to make it to Monday. Now, not so much.

WOO HOO! Anyway, I am going to try to be better about posting more, but until things settle down IRL, I doubt I will be able to keep up with myself. =(

Holy CRAP! It HAS been a long time.

So yeah. Things in real life get in the way of the internet, and I really have been neglecting my blog for way too long.

Anyway, I was just poking my head out to say that I have FINALLY made my last payment for my 2008 State Taxes. OMG that took a long time to take care of. I still have the Federal taxes to deal with, but now I can add the amount I was paying to state to the amount that I am paying the Feds each month. And hopefully, that will be finished that much sooner.

Other things have been pretty much status quo in the financial department of the DelMoniq house. And I guess that is okay. I am still slowly paying things off and trying my hardest not to accumulate more debt.

Great Financial Decisions in DelMoniq History #4 - Buying Hair Clippers

I just got done cutting my hair, and while I was in the shower afterward, I thought of Great Decision #4 -- Buying my own hair clippers.

Back during my time at my first job after graduate school, I was poor -- way poor. My rent was more than I could afford and paying back my debt was taking nearly ALL of my salary, post-bills. Part of this was that I was being paid crap and part was because I still had not managed to get my spending under control.

Anyway, one day back in December 2004, I decided that a great way to save money was to start cutting my own hair. All through grad school, I was being cheap, by going to SuperCuts. There was one close to my apartment and one across the street from school. Initially, a haircut would cost me about $12-15. I could walk over when I had downtime between experiments or during lunch or whatever, and that was just fine. But over the years, the cuts got more and more expensive. I think my last one was $25. I only cut my hair every 4-6 months, so we're only talking about $50-120/year. It's not THAT big of a deal.

However, my situation had become so pathetic, that come the end of 2004, I was looking for ANYTHING that could possibly save me money. On my way home from work one day, I had this thought. I need a haircut. But why pay $25 for one haircut, when I could potentially do it myself for cheaper. I got a couple of friends to come over, one of whom cut his own hair for quite some time, and I went to Target and bought my very own hair clippers for about $25. My buddy EO cut my hair for me in my bathroom, and not only did she do a great job, we had a blast. I think that her boyfriend even cut his own hair, but I may be remembering that wrong.

Anyway, ever since, I've been cutting my own hair. I have been able to do it myself and get cuts about as good as SuperCuts, for FREE! Sure, sometimes, I frak it up and look like ass for a few weeks while it grows out, but it's just hair; it does grow back. It's now nearly five years later, and I still have not paid for a hair cut since.

It's been great on days (like today), when I come home and am very annoyed with my hair, and I just say, "Today, Hair, you're going DOWN!" And I just cut it all off (I pretty much shaved it all off today, but I have cut with more style in the past). Plus, I get to just hop right in the shower afterward and wash all those irritating, itchy loose hairs right off, instead of having to go around for the rest of the day being irritated.

Plus, over the past year, I've cut a friend of mine's hair several times. So, not only am I getting free hair cuts, my friends can too. Granted, this works mainly because I'm a boy, and I'm not terribly picky about my hair. There are those out there that would rather just suck it up and pay to have a pro coif his or her mop. But for me, this has be absolutely great.

So, to recap... $25 for hair clippers at Target = 5 years of free haircuts (and probably many more to come; that sucker is still going strong). OOH! And I totally forgot! I also use it to trim down my beard. That's another thing I started doing at that time. Instead of forking over $15-20 per pack of razors and shaving gel, I'd just trim the bushy face down to a uniform layer of stubble -- FOR FREE! Personally, I think I look better with stubble, but what do I know? And yes, sometimes, I just have to shave it all off and be smooth. But I have drastically reduced the amount of money that I spend on shaving supplies. I really only buy razors about once a year (for a 4 pack), and that works great.

So yeah, buying my own hair clippers. EXCELLENT FINANCIAL DECISION!

Found Cash!

I totally forgot the excitement of yesterday!

I found my bag of rolled coins that I (and friends of mine) had rolled a long time ago. There was $45 in dimes, nickels, and pennies. And I deposited it all into my checking account. Of course, my friend at BofA was annoyed, but it was great to get that change out of my apartment and back into circulation. WOO.

Even more exciting is that I have a my change jug still with TONS of change in it. I'm really looking forward to rolling and depositing that! =)