Rukh O'Rorke
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Post by Rukh O'Rorke on Sept 16, 2023 13:30:57 GMT -5
I'm back! Student loan interest started accruing again on 9/1 My autopayment is still active and they will just autodeduct my payments 10/5 - feel sorry for anyone who's loans changed companies and doesn't think the autopayment is transferred too.....that will be a nasty surprise if they are going to boycott the loan repayment as I have heard some chittering about from the youth. My balance is 101,355.87 across 7 separate loans, interest rates between 5.59% and 6.96% . I got a car loan last year and just looked at that to determine where to focus and the car loan is 5.34% so less than all my various loans..... Minimum payment total for the student loans is an eye-watering 1,269.74 monthly. Mentally I was thinking that it would be about 1k as when the pause initially went through I paid off a private loan and 2 old loans from my masters that had been consolidated and did not qualify for the pause....but I guess those were all small potatoes and did not affect my minimum payment by as much as I was wishtimating. It is going to be hard to take right at the moment because I've been juggling credit card balances due to a vacation, vet bills, and some medical costs. So far I've avoided any credit card interest and have been waiting on some RI projects to come in for some extra cash together with sept being a 3 paycheck month I thought I'd be out of those woods soon, but now the student loans rear their ugly little heads..... There was a beautiful period of time there where I was maxing all the 401k, etc. living not large, but maybe a bit medium, and the money was piling up a bit and I was doing the ibonds and then doing some extra to treasuries and taxable account. Not huge amounts, but something every month....It is hard to go back to hardcore belt tightening - which I've been on since returning from vacation in July...Now it is going to be even tighter and looks like I am going to end up paying a bit in credit card interest before the year is out.....Need to marshall up some reimbursement stuff on medical and waiting on data for an RI project. A promotion was recently dangled a bit in my face - but that is not for sure and now on hold till next year anyway. Welp - the pause was fun while it lasted!
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nidena
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Post by nidena on Sept 17, 2023 19:11:48 GMT -5
Rukh O'Rorke, sending whatever vibes you may need in this adjustment time 'cause $1300/mo is no small amount.
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lark1964
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Joined: Dec 24, 2010 9:26:38 GMT -5
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Post by lark1964 on Sept 18, 2023 9:01:31 GMT -5
Quickly, before my next meeting:
Care Credit 300.00 -50.00 0.00% 250.00 Wayfair 864.90 -60.00 38.99% 827.63 Citibank 3,384.57 -125.00 26.74% 3,346.73 Toyota 5,312.28 -375.00 4.65% 4,958.26 NCL - BofA 1,784.10 -75.00 29.99% 1,753.64 Mattress 410.00 -90.00 0.00% 320.00 Home Depot 1,424.08. -60.00 26.99% 1,398.18 Lowe’s 16,693.64 -525.00 26.99% 16,500.04 Discover 17,842.99 -435.00 25.74% 17,943.17 Target 10,584.86 -360.00 27.15% 10,479.75 Trumark 17,748.87 -453.38 7.99% 17,481.34 76,350.29 -2,608.38 75,258.74
Always progress, but... yeesh, am I satisfied? No...
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nidena
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Post by nidena on Sept 18, 2023 9:42:20 GMT -5
Quickly, before my next meeting: Care Credit 300.00 -50.00 0.00% 250.00 Wayfair 864.90 -60.00 38.99% 827.63 Citibank 3,384.57 -125.00 26.74% 3,346.73 Toyota 5,312.28 -375.00 4.65% 4,958.26 NCL - BofA 1,784.10 -75.00 29.99% 1,753.64 Mattress 410.00 -90.00 0.00% 320.00 Home Depot 1,424.08. -60.00 26.99% 1,398.18 Lowe’s 16,693.64 -525.00 26.99% 16,500.04 Discover 17,842.99 -435.00 25.74% 17,943.17 Target 10,584.86 -360.00 27.15% 10,479.75 Trumark 17,748.87 -453.38 7.99% 17,481.34 76,350.29 -2,608.38 75,258.74
Always progress, but... yeesh, am I satisfied? No... Good morning, friend! What is your sorting strategy for your list? Mine used to be sorted by balance, with the highest balance at the bottom, but then I added new debt in the past month and need to sort it again to put the lowest at the top.
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nidena
Senior Member
Joined: Dec 28, 2010 20:32:26 GMT -5
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Post by nidena on Sept 18, 2023 10:06:30 GMT -5
Since my updates don't include itemization any more, I'll share my list of the old and new. I did sort the list so that the "heavy" stuff is at the bottom.
USAA/PL | 7.43% | $3,193 | HRV | .99% | $11,533 | PNC/PL | 13.38% | $12,000 (starting) | HELOC | 8.68% | $24,810 | Mortgage | 2.75% | $104,591 |
I also have my BT CC that has a balance of $1,960 at 0% for a few more months. I use my Talbots income to pay that. Come December, I'll pay off the remainder before it resets to 20+%.
And then there's my daily use CC. It is THE lowest % across all of my cards so I don't sweat it as much when I don't pay the balance off each month. I may even sacrifice paying it off next month just so that I can get rid of the USAA/PL a little sooner and roll that payment into the PNC/PL payment.
Anyhoo, those are my numbers. Input is always welcome.
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chiver78
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Current Events Admin
Joined: Dec 20, 2010 13:04:45 GMT -5
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Post by chiver78 on Sept 18, 2023 10:10:39 GMT -5
eh. she may just be sorting by entry into the spreadsheet she's using for tracking. I used to do that for my own sanity, and only reorganized when I got sick of fielding requests to do so. that didn't happen until the list had been cut in almost half, though. it was a HUGE pain to move all the lines around and not screw things up.
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Post by minnesotapaintlady on Sept 18, 2023 12:18:40 GMT -5
It sure would be nice if we could just copy and past from an Excel table into here. Creating the tables with the table button is a ridiculous time suck.
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chiver78
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Current Events Admin
Joined: Dec 20, 2010 13:04:45 GMT -5
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Post by chiver78 on Sept 18, 2023 12:36:54 GMT -5
that would be nice. maybe it will be in the next version update.
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lark1964
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Post by lark1964 on Sept 19, 2023 13:11:45 GMT -5
Actually - I just sort it in order of how it comes out of my bank account. The first to the last. Some things I pay, others are deducted by the creditors from their apps, it just kind of fell into that order...
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lark1964
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Joined: Dec 24, 2010 9:26:38 GMT -5
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Post by lark1964 on Sept 19, 2023 13:14:32 GMT -5
It sure would be nice if we could just copy and past from an Excel table into here. Creating the tables with the table button is a ridiculous time suck. I copy it from excel to notepad, then from notepad to here, change the font to courier, it all lines up, spaces and all.
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Post by minnesotapaintlady on Sept 19, 2023 13:24:48 GMT -5
It sure would be nice if we could just copy and past from an Excel table into here. Creating the tables with the table button is a ridiculous time suck. I copy it from excel to notepad, then from notepad to here, change the font to courier, it all lines up, spaces and all. Well, WTH. All those years I've been dinking around with the table thing in here. I'll have to give that a try!
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ners
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Post by ners on Sept 19, 2023 18:51:04 GMT -5
Race 1 update
53,212.83 (1/3/2011 $97,382.42 MPT5)
This is made up of 2 parts.
Mortgage 49549.40
HELOC 3663.43
I did throw 500.00 more than usual at the Helco this month.
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lark1964
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Post by lark1964 on Sept 21, 2023 8:22:03 GMT -5
Race 1 update53,212.83 (1/3/2011 $97,382.42 MPT5) This is made up of 2 parts. Mortgage 49549.40 HELOC 3663.43 I did throw 500.00 more than usual at the Helco this month. I *LOVE* this typo!
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Minnesotagirl7
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Post by Minnesotagirl7 on Sept 22, 2023 7:56:07 GMT -5
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Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
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Post by Rukh O'Rorke on Sept 22, 2023 14:44:31 GMT -5
Checked my treasurydirect account. For the next 3 months, I'll have $500 t-bills maturing and going into my checking....conveniently timed to coincide with my student loan payment. That will help a little bit to get me over the hump with restarting payment. Alledgedly! Was hoping those were extra retirement savings....but it was not to be! Have a small RI project this weekend. Will bill asap and then that will add to next months tbill for a full SL payment..... BUT! have some sick cats , watching to see if we have to go to ER vet, those are very expensive trips. Super missing my walk in vet that passed away during early covid days. Current vet is like a month out, even for surgery followup they couldn't do 2 weeks, had to push to 3.... wondering if there are any other walkin nonER vets? Will research.
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Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
Posts: 10,288
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Post by Rukh O'Rorke on Sept 23, 2023 12:41:11 GMT -5
submitted those med expenses to the flex account yesterday....was suppose to do that a month ago. $600. Hope it comes through quickly.
Was about to start enjoying a very well deserved Saturday! but then I remember I have that RI project.....
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muffyinthered
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Post by muffyinthered on Sept 23, 2023 12:43:08 GMT -5
MuffyintheRed #2 9/23/2023 159,671.81 (06/22/2020 $175.394.16)
Amount paid -$-1095.71
CU Savings - $25,672.10
It has been a pretty good month. Paid my quarterlies and paid off one of my BT so doing good.
It is getting to be fall here in Wisconsin already. I am not ready for winter yet!
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nidena
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Post by nidena on Sept 26, 2023 8:27:52 GMT -5
I received the final statement from my previous HVAC financer yesterday, dated Sept 14th. At the bottom it states that I will receive any overpayment refund within 21 days of the payoff date. Aug 22nd was the payoff date. Even taking into account that they mean business days, it's a month passed that payoff date so I called to check status. The customer service guy said the check was cut on Sept 13th which means we're going on TWO WEEKS for this stupid check to arrive from Portland, OR. I asked him when I need to contact them again if the check doesn't arrive. He says "The 22nd." I reply that "Today is the 25th." "Oh, I mean Oct 22nd." To that I reply "You guys need to change your correspondence to state that the refund should arrive within 60 days and not 21."
I'm not pissed that it's taking this long. I'm pissed that their written and verbal communication is inaccurate. I'd rather be told upfront that it'll take six to eight weeks and get it in seven vs being told 21 days and not know when TF anything will arrive. Ugh!
#firstworldproblems
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lark1964
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Joined: Dec 24, 2010 9:26:38 GMT -5
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Post by lark1964 on Sept 26, 2023 10:22:54 GMT -5
I'm not pissed that it's taking this long. I'm pissed that their written and verbal communication is inaccurate. I'd rather be told upfront that it'll take six to eight weeks and get it in seven vs being told 21 days and not know when TF anything will arrive. Ugh! #firstworldproblems This is my issue with ANYONE. Don't tell me it will be here in 4-6 weeks, tell me it will be here on this date, and that date can be six weeks from now, but please don't make me wonder forever if it will be sooner... or later... or later than that...
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nidena
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Post by nidena on Sept 27, 2023 14:17:44 GMT -5
Thankfully, the check came today. It's dated Sept 15th which means it didn't hit the mail until the 18th. I'm guessing the amount was documented on the 13th and it took them two days to actually cut the damn thing and then it had to wait through the weekend to get mailed. I won't need to make any more phone calls. Now, to decide where to best apply this $470. Probably the 0% MC just so that it's that much closer to gone. It's down to $1700 now.
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Rukh O'Rorke
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Post by Rukh O'Rorke on Sept 29, 2023 12:08:41 GMT -5
somehow....the universe is alligning to help me out....
Received a refund check for excess 2022 401k contributions. $1500......Just in time to pay my 1300 student loan payment......for oct
RI payment due oct 30 will pay for Nov.
Will get about 1k for t-bill maturity oct/nov for dec.
Then will have extra income in Dec (2 small RI projects, some extra from dayjob payroll) that will have to cover a modest xmas and jan student loan payment.
By then I should have a solid plan and budget stuff figured out.
So at least I can continue with my 401k max through 2023, and reevaluate in 2024.
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Rukh O'Rorke
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Joined: Jul 4, 2016 13:31:15 GMT -5
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Post by Rukh O'Rorke on Sept 29, 2023 12:14:03 GMT -5
Was doing well with curtailing spending, but then had to put 700 on credit card for ER vet services. Have held off on a few necessities, but going to have to bite the bullet at some point and get those.... Feeling poor again! I hate that! Also, some pressing home maintenance issues I keep 'forgetting' about......was holding off for my big overhaul project, but I haven't progressed there and these are getting out of control..... But I have so much going on, I trully do keep forgetting about them!
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Rukh O'Rorke
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Joined: Jul 4, 2016 13:31:15 GMT -5
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Post by Rukh O'Rorke on Sept 29, 2023 16:51:39 GMT -5
forget it....the universe hates me. was getting ready to take the checkt o the bank and have a nice walk and sprained my foot/ankle and won't be functional for like a week.
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nidena
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Post by nidena on Oct 1, 2023 16:18:52 GMT -5
forget it....the universe hates me. was getting ready to take the checkt o the bank and have a nice walk and sprained my foot/ankle and won't be functional for like a week.
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lark1964
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Post by lark1964 on Oct 2, 2023 8:31:37 GMT -5
forget it....the universe hates me. was getting ready to take the checkt o the bank and have a nice walk and sprained my foot/ankle and won't be functional for like a week. Oh, my... got tea? A window? Good books? Sit. Relax. The universe is giving you a vacation.
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Minnesotagirl7
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Post by Minnesotagirl7 on Oct 2, 2023 9:04:37 GMT -5
Shoutouts! lark1964 - Nice progress! Can you use a tagline when you post updates? Makes things a little easier for me. ners - Fab update and kudos for the extra payment! muffyinthered - Great numbers! Rukh O'Rorke - Welcome back and so sorry about the sprain! Link to Smileys
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nidena
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Post by nidena on Oct 2, 2023 9:33:59 GMT -5
The small PL is now paid off. That takes me down to four installment loans. The PNC PL will be my next payoff target with its 13.38% rate.
ETA: The 0% CC is down to $1200 and I'll do a full update in a few weeks.
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debthaven
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Post by debthaven on Oct 2, 2023 9:57:33 GMT -5
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seriousthistime
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Post by seriousthistime on Oct 2, 2023 10:04:13 GMT -5
I'm back! Student loan interest started accruing again on 9/1 My autopayment is still active and they will just autodeduct my payments 10/5 - feel sorry for anyone who's loans changed companies and doesn't think the autopayment is transferred too.....that will be a nasty surprise if they are going to boycott the loan repayment as I have heard some chittering about from the youth. My balance is 101,355.87 across 7 separate loans, interest rates between 5.59% and 6.96% . I got a car loan last year and just looked at that to determine where to focus and the car loan is 5.34% so less than all my various loans..... Minimum payment total for the student loans is an eye-watering 1,269.74 monthly. Mentally I was thinking that it would be about 1k as when the pause initially went through I paid off a private loan and 2 old loans from my masters that had been consolidated and did not qualify for the pause....but I guess those were all small potatoes and did not affect my minimum payment by as much as I was wishtimating. It is going to be hard to take right at the moment because I've been juggling credit card balances due to a vacation, vet bills, and some medical costs. So far I've avoided any credit card interest and have been waiting on some RI projects to come in for some extra cash together with sept being a 3 paycheck month I thought I'd be out of those woods soon, but now the student loans rear their ugly little heads..... There was a beautiful period of time there where I was maxing all the 401k, etc. living not large, but maybe a bit medium, and the money was piling up a bit and I was doing the ibonds and then doing some extra to treasuries and taxable account. Not huge amounts, but something every month....It is hard to go back to hardcore belt tightening - which I've been on since returning from vacation in July...Now it is going to be even tighter and looks like I am going to end up paying a bit in credit card interest before the year is out.....Need to marshall up some reimbursement stuff on medical and waiting on data for an RI project. A promotion was recently dangled a bit in my face - but that is not for sure and now on hold till next year anyway. Welp - the pause was fun while it lasted! Have you plotted not just the interest rates on the SLs and car but also the principal balance and number of payments left? When I was racing my debt here, I noted that my car payment (1.99% (oh, the good old days!), principal balance was about $12K at the time) was the lowest interest rate BY FAR on any single debt, but if paid off would free up about $500 per month to put toward another debt. I started to put any extra money toward the car. And it was a Rule of 78s loan where interest was front-loaded so I wasn't even really saving 1.99% by paying it off early. But I did free up $500 per month by doing it that way. You do what works for you, of course, but your best bet might not be going by interest rate only.
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Rukh O'Rorke
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Post by Rukh O'Rorke on Oct 2, 2023 11:13:37 GMT -5
Thanks for the commiseration, all! A few days with the foot up and doing pretty well. Able to cook and do minimal tidying, etc. Glad I eschewed urgent care, although I did drop $70 at amazon for next day delivery of a variety of ace bandages and a velcro-in-place cold pack. Think I will be able to start going for recreational walks in about 3 days or so, so not too bad. Yoga and jogging off the table for longer of course.....not that I was doing yoga or jogging, but I was thinking about it!!
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