Women in Red SAVERS 2019

[Rukh O'Rorke]

Aug 11, 2019 20:50:01 GMT -5 nikiz628 said:

Aug 11, 2019 19:42:04 GMT -5 ners said:

nikiz628 Can you contact the provider and negotiate the amount down by pay cash all at once.  

That's my plan. Last time I got 10% off for paying it in full. Anything helps. 

hopes this works out ok for you!

[forwardwego]

GOAL	AMOUNT	STARTING	$$ TO DATE	% OF GOAL	$$ TO GO
JPPCU CUSHION	2000	350	1500	75	500
DD IRA	3000	1000	2000	66	1000
RENTAL MARGIN	12000	10700	7400	61	4600
PERIODIC EXPENSE	5000	1800	3820	76	1180
CASH STASH pt 1	1000	300	1000
CASH STASH pt 2	1000	0	80	8	930
TOTAL	24000	14150	15800	65	8200

UPDATE 8/17/2019 $15800 (begin $14150; goal $24,000) beginning amount corrected

This is somewhat a lateral update. Broke down my cash stash into 2 parts to allow for having spent $1K toward a kitchen ceiling improvement/update. (Got rid of "popcorn" texture, replaced 1970's flourescent lights with flush fit LED's, world of difference.) Used $400 of my JPPCU Cushion to add to DD's IRA...the IRA is my top priority to finish in this calendar year, the other line items can, and will, carry over to 2020. So overall growth was less than 1% but at least managing to climb. 

ETA: If you are considering getting rid of popcorn texture ceiling, be aware that it isn't just a design thing, it is also an acoustic. Our kitchen is now louder but not a problem. However if/when we do other rooms we will change from popcorn to "drop down" finish, rather than smooth. Doing home improvements in a gradual fashion can be beneficial, we have more time to learn as we go.

ETA/FYI: Shoutouts for July's update are finally done. Figured it would be helpful to point this out since they are on the previous page, and I don't want anyone to miss seeing their well-deserved attagirl. Thanks for your patience.


 

[Rukh O'Rorke]

Jul 11, 2019 12:20:28 GMT -5 Rukh O'Rorke said:

Rukh 07/11/2019 $200 (Goal = $20,000)

Rukh 08/17/2019 $250.13 (Goal = $20,000)

13 cents of interest, watch this snowball go! I am anticipating on this a little bit, I just initiated the transfer so the $50 doesn't show as yet.

Unfortunately, Still at just 1% as it is rounding down.....next time, will be a 2% for sure.....perhaps only on the rounding.....

baby steps > no steps....

[forwardwego]

Good Morning fellow Savers  , Have a good Monday!

Rukh O'Rorke I also count the savings when a transaction has been initiated, and round my percentages. Looking forward to your 2%, and love your WIRSaver nutshell wisdom: baby steps > no steps  

[snapdragon]

Aug 6, 2019 5:26:32 GMT -5 forwardwego said:

snapdragon Good for you surpassing $17K, and climbing further up into the 90% range! And I'm wondering how you chose your screen name, is a snapdragon your favorite flower?
 

As a matter of fact they are my favorite flower.    I remember when I was little I would pull them off their stalks and run around having them "eat" and "attack" other flowers, my fingers, the dog's tail...etc. 

[seriousthistime]

Update

Account Name	Goal	Start	Amount Saved 8/23/19	Amt. Saved %	Roses
Gifts	$2,300	$335	$2,301	100.0%
Property Tax	$5,000	$2,984	$5,008	100.0%
Survival Fund	$6,000	$26	$3,746	62.4%
Household/Misc	$2,500	$1,075	$1,507	60.3%
Pet Care	$600	$130	$602	100.0%
Weekly Savings	$2,600	$0	$1,707	65.5%
Mortgage Cushion	$12,000	$4,200	$7,198	60.0%
Car Fund	$6,000	$0	$4,305	71.8%
Travel	$5,000	$0	$1,002	20.0%
Total	$42,000	$8,750	$27,376	65.2%

Seriousthistime, $27,376 8/23/19 (Goal $42,000)   


Weekly Savings Tracker: 

				Week 35	Week 36
Week 37	Week 38	Week 39	Week 40	Week 41	Week 42
Week 43	Week 44	Week 45	Week 46	Week 47	Week 48
Week 49	Week 50	Week 51	Week 52

Still planning to bump up the Survival Fund and Car Fund by September 1.  This update just reflects an increase to Weekly Savings. I'm still hoping that by September 1st I can get to 75% overall   and a for the Car Fund. 

I figure if I set it out in writing here I might actually make it happen.    But I see it would take 10% overall to bump it up to that level.  $4,200!  Gulp. And then another $10,500 between September and December.  Ugh.  I'm just not sure about this. 

[plugginaway22]

I do need to reconsider my savings goal for the remainder of the year.  Since I hit it we've been spending like drunken sailors!  Leaving this weekend to visit DS.  I will update after we are back in the first week of September.  I have also been feeling such an urge to update my wardrobe, but finding affordable nice things is always a chore for me.

[Rukh O'Rorke]

Aug 23, 2019 14:57:37 GMT -5 plugginaway22 said:

I do need to reconsider my savings goal for the remainder of the year.  Since I hit it we've been spending like drunken sailors!  Leaving this weekend to visit DS.  I will update after we are back in the first week of September.  I have also been feeling such an urge to update my wardrobe, but finding affordable nice things is always a chore for me.

keep it up for a little while - then find something new to save for!!

[azucena]

Jul 26, 2019 7:32:45 GMT -5 azucena said:

Jul 12, 2019 15:20:07 GMT -5 azucena said:

Payday update and last update for July deposited $1625.  Beginning of August savings will be light with vacation ($1000 road trip thru MI) and first school tuition due ($1050/month), but hey I made it past back to school shopping this week with about $100/each for DD10 and DD6.  I bought their uniforms on clearance in May, so that's also finished.

Azucena 7/26/19 $18,191 of $25,000 goal (73%)

Movement in and out of savings these past few weeks. Net savings of $45.  In doing my post-payday budget, I realized that I haven't seen reimbursement for my last trip which was $1400 so followed up on it this morning.  I paid off that credit card a couple of weeks ago, so at this point the reimbursement becomes savings.  This will put me close enough to having enough to open and max Roth for myself.  For my budgeting purposes, I'm counting this towards my savings goal at least for this year because it's lived in savings as I saved enough to maintain what I consider my minimum savings + Roth.

One quarter left to the year and about 25% left of goal - right on track so far.  Reporting my savings definitely motivates me to save harder.

Azucena 8/26/19 $18,236 of $25,000 goal (73%)

[shanendoah]

shanendoah [Q3] $680 8/25/2019 (Goal: $2,020 9/30/2019)
[Q2]: $3,010 6/25/2019 (Goal: $3,020 6/30/2019)
[Q1]: $8,994 3/26/2019 (Goal: $300 3/31/2019)

Not certain I am going to hit the savings goal for this quarter. While roommate has almost completely paid us back what she owed and paid rent for August, we've bought some thing where I would have had to pull money from savings to cover them, and that's going to continue for a bit. So instead of putting money from roommate in savings and pulling it out again, I've just spent it right from the checking account. So I don't think I am going to end up with the extra $1k in savings this quarter. Maybe $500, but not the full $1k. And I am good with that.

[snapdragon]

Well I am back from my girls weekend and it was fun. I got a little burnt but just the last day. It was probably from being in the car and me not realizing I didn't cover my neck and shoulder with the SPF. Now to figure out my details from the trip and also pack /plan better for cat sitting the first week of September which is zooming closer by the hour. 

I also rode a bike on the beach for the first time in at least 15 years -- let me just say that my seat is very sore right now. 

[trimatty471]

Jul 31, 2019 8:42:30 GMT -5 trimatty471 said:

Jul 2, 2019 8:07:23 GMT -5 trimatty471 said:

 

2019	Goal	Current	Need	Complete
School Tax	1,956.00	1,956.00	0	100%
Move In	2,099.00	1941.00	158.00	92.47%
Wellness	300.00	0.00	300.00	0.00%
Total	$4,355.00	$3,897.00	$458.00	89.48

I am still using some of the proceeds from the my home sale.  I've also used OT, Ebates, Citi Rewind, and redeemed my Cash Back card.

[paynointerest]

Update! August 28, 2019

Pay-no-interest: $50,300 (Goal: $55,900.00)

	Goal	Saved	% of goal	Amt spent
My 403b	$19,000	$19,000	100%
457b	$9,000	$4,800	53%
Savings Acct	$3,000	$3000	100%
Taxable Invest Acct	$5,000	$5,000	100%
Property/Income Taxes #1	$4,200	$5,200	124%	$5,200
Property/Income Taxes #2	$8,500	$8,500	100%	$6,495
DH 403b	$7,200	$4,200	58%
Total	$55,900	$50,300	90%

I was able to see what my retirement contributions look like for the end of August and have updated my spreadsheet.  I'm going to increase my 457b contributions to meet the goal faster.  I may decide to do a second race on my 457b to save more money in that account.  We'll see how things go next month.

I hope all is well for everyone.

[Deleted]

I cannot wait until that 401K is full. 

Fund	2019 Goal	Current	Needed	% Complete
401K	$19000	$14402	$4598	75.80%
2020 Roth	$7000	$3263	$3737	46.61%
Survival Fund	$6000	$6000	$0	100.00%
House Maint	$3000	$0	$3000	0.00%
College	$2400	$1800	$600	75.00%
Pr. High School	$1000	$1000	$0	100.00%
Vacation	$1000	$0	$1000	0.00%
Christmas	$600	$232	$519	38.67%
Total	$40,000	$26697	$13303	66.74%

Minnesotapaintlady $26697/$40,000 8/28/2019

[seriousthistime]

Savers, the end of the month is approaching.  Would you please get any and all updates posted by Monday morning, September 2?  I will do the updates later that day.

Great job so far, Savers!!!  At the end of this month we will be 2/3 of the way through the year, with 4 months to go to reach your goals, adjust your goals, or whatever you want to do to stretch or not stretch regarding your goals. Maybe you will meet all of them, or some of them, or reshuffle the money around because you decided you didn't need $X in your Y Fund.  Up to you, and all things are subject to recalculation. 

[Rukh O'Rorke]

Aug 28, 2019 22:25:17 GMT -5 seriousthistime said:

Savers, the end of the month is approaching.  Would you please get any and all updates posted by Monday morning, September 2?  I will do the updates later that day.

Great job so far, Savers!!!  At the end of this month we will be 2/3 of the way through the year, with 4 months to go to reach your goals, adjust your goals, or whatever you want to do to stretch or not stretch regarding your goals. Maybe you will meet all of them, or some of them, or reshuffle the money around because you decided you didn't need $X in your Y Fund.  Up to you, and all things are subject to recalculation. 

  I love it when you talk money to me!

[Saving4Norway]

Fund	2019 Goals	Last Month	This Month	% Met	Roses
TBD	1	0	0	0%
Norway 2020	4000	2000	4000	100%	Sept
Deductibles	500	500	500	100%	Jan
Gifts&Donations	2000	2000	2000	100%	May
Palm Springs 2019	600	600	600	100%	Feb
Motorcycle Trips 2019	1000	1000	1000	100%	April
Home Improvement	5000	5000	5000	100%	June
Cultural	2000	2700	2700	135%	March
Vacay Prop	500	500	500	100%	Jan
Hockey Season Tickets	1000	1000	1000	100%	May
Christmas	500	0	500	100%	Sept
Adventures	1000	1000	1000	100%	March
TOTAL	18101	16300	18800	104%

Saving4Norway 9/2/19 $18,800 (Goal $18,101)

[Saving4Norway]

I credit WIR Savers as the kindling that ignited my fire to save. I've been running the exact same saving strategy for YEARS. It has worked really, really well for me. I have enjoyed many material things (like Norwegian sweaters!) and memorable trips (to Iceland and Norway with my 80 year old dad).

In preparation for retirement - EARLY retirement, to be more specific, I need to change the way I do things. I'm nervous to change my strategy since I've been so amazingly successful, but also confident in my saving skill and strength (Willpower?) in this new chapter in my life.

So, for a while, I won't be posting as I figure out how to best track my new goals. But, know that I will be back to test whatever my new tracking systems I come up with. Until then, I wish you all the best!

[forwardwego]

GOAL	AMOUNT	STARTING	$$ TO DATE	% OF GOAL	$$ TO GO
JPPCU CUSHION	2000	350	1700	85	300
DD IRA	3000	1000	2000	66	1000
RENTAL MARGIN	12000	10700	7200	60	4800
PERIODIC EXPENSE	5000	1800	4100	82	900
CASH STASH pt 1	1000	300	1000
CASH STASH pt 2	1000	0	100	10	900
TOTAL	24000	14150	16100	67	7900

UPDATE 8/30/2019 $16100 (begin $14150; goal $24,000) beginning amount corrected

Feeling good about hitting $16K and hopefully at least $20K by end of the year. September may throw a curve, Hurricane Dorian  .  We spent/charged $770 for a generator, which I hate. I need to get that paid before Oct 16, or it will cost interest and my peace of mind. 

[Rukh O'Rorke]

Aug 29, 2019 21:43:15 GMT -5 Saving4Norway said:

I credit WIR Savers as the kindling that ignited my fire to save. I've been running the exact same saving strategy for YEARS. It has worked really, really well for me. I have enjoyed many material things (like Norwegian sweaters!) and memorable trips (to Iceland and Norway with my 80 year old dad).

In preparation for retirement - EARLY retirement, to be more specific, I need to change the way I do things. I'm nervous to change my strategy since I've been so amazingly successful, but also confident in my saving skill and strength (Willpower?) in this new chapter in my life.

So, for a while, I won't be posting as I figure out how to best track my new goals. But, know that I will be back to test whatever my new tracking systems I come up with. Until then, I wish you all the best!

awww!

Good luck and hope you are back with us soon!!

[azucena]

Aug 26, 2019 8:35:48 GMT -5 azucena said:

Jul 26, 2019 7:32:45 GMT -5 azucena said:

One quarter left to the year and about 25% left of goal - right on track so far.  Reporting my savings definitely motivates me to save harder.

Azucena 8/26/19 $18,236 of $25,000 goal (73%)

I didn't realize I would be able to sneak in one more savings update this month. DH's paycheck was bigger than expected, I guess he had overtime hours.  Even better is that the only credit card charges made this week were from my work trip and will be reimbursed.

Payday savings $220.  One percent closer to 3/4s

Azucena 8/30/19 $18,456 of $25,000 goal (74%)

[seriousthistime]

Update

Account Name	Goal	Start	Amount Saved 8/30/19	Amt. Saved %	Roses
Gifts	$2,300	$335	$2,301	100.0%
Property Tax	$5,000	$2,984	$5,008	100.0%
Survival Fund	$6,000	$26	$6,000	100.0%
Household/Misc	$2,500	$1,075	$1,782	71.3%
Pet Care	$600	$130	$602	100.0%
Weekly Savings	$2,600	$0	$1,807	65.5%
Mortgage Cushion	$12,000	$4,200	$7,198	60.0%
Car Fund	$6,000	$0	$6,000	100.0%
Travel	$5,000	$0	$1,002	20.0%
Total	$42,000	$8,750	$31,700	75.5%

Seriousthistime, $31,700 8/30/19 (Goal $42,000)   


Weekly Savings Tracker: 

				Week 35	Week 36
Week 37	Week 38	Week 39	Week 40	Week 41	Week 42
Week 43	Week 44	Week 45	Week 46	Week 47	Week 48
Week 49	Week 50	Week 51	Week 52

I made it to 75% overall  , a for the Car Fund and another  for the Survival Fund.

Next update, and the one after that, will just be the usual.  The end of September update should be a good one, with another   for the Household Fund, and a nice boost to the others that need it. 

Have a good Labor Day weekend, everyone!  Smilies will be posted the afternoon of September 2. 

[forwardwego]

It's kind of funny? Hurricane headed this way and I'm pissed about the potential to wreck my savings and budget. So I'm throwing out this game/question...finish this sentence:

You know you're a WIRSaver when _____________________________.

Here's mine:

You know you're a WIRSaver when a Hurricane is headed your way and your to do list includes pay all your bills ahead before you lose power so you won't be late.

[debthaven]

Please stay safe forwardwego !

Saving4Norway if it's not rude, can I ask at what age you plan to retire? Because I'm getting closer, and thinking about it. I'll be 60 this year, and I can retire at 62, so in 2.5 years.

seriousthistime hurray for hitting 75%!

I am bummed because although I haven't updated yet, it looks like I will need to use some of my saved savings to get through Sept, because I earn shite in Aug. I earned a lot in June and July but used it for a (fantastic!) road trip/vacation instead of saving some for Sept as I should have done.

I've always been relatively frugal but you guys inspire me every day. Tonight DD was coming over for dinner with us and DS3. There was a possibility that DD's BF and DS3's BFF were coming too (although they didn't in the end). I bought haddock for dinner, instead of my usual cod. Half the price of cod, and it was delicious!

I started eating regular bread again because the low-carb bread here is disgusting. I want to save money on lunches, and sandwiches are so easy, just once or twice a week. 

For now I'm just trying to compensate for our very spendy vacation. But I plan to do this long-term instead of getting lazy after a while, as I tend to do. Happily DH is frugal too ... but since we've been back he's been looking at me like I'm a bit crazy LOL.

We take DS3 back to college in 3 weeks, then it's totally eating out of the pantry for us!

[debthaven]

My schedule is complicated to explain ... I am doing 21/22h per week this fall semester instead of 24/25 like last fall semester. I could barely handle my work load last fall.

I also teach 2 professors.  I may be offered one or two more staff/professor classes, I'll know next week. I would happily accept those extra hours because I'm at my main job 3 days a week instead of 2 days like last fall (which wasn't enough so I had crazy long days).

IF that happens (and I hope it will) hopefully I can start saving from my salary, even if it's not much.

For sure, next summer vacation will be MUCH MUCH cheaper LOL.

[seriousthistime]

Ha, forwardwego!  I thought you were going to say, 

You know you're a WIRSaver when you spend money on a generator just before a hurricane but think maybe you should instead do without power for two weeks.

Here's mine: You know you're a WIRSaver when you shred every credit card or balance transfer offer just in case someone goes through your trash.  

[forwardwego]

Aug 30, 2019 20:04:48 GMT -5 seriousthistime said:

Ha, forwardwego!  I thought you were going to say, 

You know you're a WIRSaver when you spend money on a generator just before a hurricane but think maybe you should instead do without power for two weeks.

Here's mine: You know you're a WIRSaver when you shred every credit card or balance transfer offer just in case someone goes through your trash.  

hahaha I did think that too

[Saving4Norway]

Debthaven - I'm 50. The retirement plan I'm on (Called TERS 3) sets full retirement at 65. I started teaching at 22 so that would be... what? 43 years of teaching. Over the years I've seen the impact of a changing American society on children and families. It ain't pretty. With my current investments, I can easily retire at 60, in 10 years.

To be completely honest, at 50 years old, I'm already pretty burnt out and more unhappy than I've ever been. On top of that, my parents are 81 and 85 years old and although they are in very good health, you just never know. I want to be in the financial position that IF my parents need full time care, before I turn 60, I could quit teaching and live off my savings. (Some technical details - I'd be "separating from service" - not technically "retiring" because that implies you will start drawing on your pension, which I wouldn't be until 60.)

So, I've estimated how much I'll need each year if I quit early - $24,000. So, the way I look at it, for each multiple of $24K I can save, that's one year before 60 that I could quit teaching. At my rate of saving, aside from winning the lottery, I'll have to save my butt off to have any hope of quitting as early as 5 years from now. (When my parents will be 86 and 91.)

Well shoot, I never answered your question - somewhere between 55 and 60.

[Rukh O'Rorke]

Aug 30, 2019 18:02:00 GMT -5 debthaven said:

Please stay safe forwardwego !

Saving4Norway if it's not rude, can I ask at what age you plan to retire? Because I'm getting closer, and thinking about it. I'll be 60 this year, and I can retire at 62, so in 2.5 years.

seriousthistime hurray for hitting 75%!

I am bummed because although I haven't updated yet, it looks like I will need to use some of my saved savings to get through Sept, because I earn shite in Aug. I earned a lot in June and July but used it for a (fantastic!) road trip/vacation instead of saving some for Sept as I should have done.

I've always been relatively frugal but you guys inspire me every day. Tonight DD was coming over for dinner with us and DS3. There was a possibility that DD's BF and DS3's BFF were coming too (although they didn't in the end). I bought haddock for dinner, instead of my usual cod. Half the price of cod, and it was delicious!

I started eating regular bread again because the low-carb bread here is disgusting. I want to save money on lunches, and sandwiches are so easy, just once or twice a week. 

For now I'm just trying to compensate for our very spendy vacation. But I plan to do this long-term instead of getting lazy after a while, as I tend to do. Happily DH is frugal too ... but since we've been back he's been looking at me like I'm a bit crazy LOL.

We take DS3 back to college in 3 weeks, then it's totally eating out of the pantry for us!

No point on saving if you aren't going to live a little bit!!

Of course - barring catastrophic fallouts from the spending....but you are in overall good shape, employed, and will work to save another day!

[Rukh O'Rorke]

Aug 30, 2019 20:04:48 GMT -5 seriousthistime said:

Ha, forwardwego!  I thought you were going to say, 

You know you're a WIRSaver when you spend money on a generator just before a hurricane but think maybe you should instead do without power for two weeks.

Here's mine: You know you're a WIRSaver when you shred every credit card or balance transfer offer just in case someone goes through your trash.  

well - I've always done that! Saver or no, identity theft would be a huge and expensive pain in the backside!

I'm not sure that I'm in it deep/long enough to really fill in this blank effectively/humorously, but I do look forward to updates here