2021 Women in Red Savers

[Saving4Norway]

Month	2021 Goals	Saved	% Met
B of April	2500	2500	100%
E of April	1	0	0%
B of May	2500	0	0%
E of May	1	0	0%
B of June	2500	0	0%
E of May	1	0	0%
TOTAL	7503	2500	33%

Saving4Norway 4/2/21 $2500 (Goal $7,503)  

[forwardwego]

UPDATE 4/3/2021 $3800 (Goal $15000)

GOAL	Goal Amount	$$ To Date	% To Date	$$ To Go
JPPCU CUSHION	1000	1000	100
PERIODIC EXP	5000	1790	35	3210
INVEST	5000	500	10	4500
CASH STASH	1000	510	51	490
Fitness Camp?	3000	0	0	3000
TOTALS	15000	3800	25	11200

[bobosensei]

The house expenses so far have been for yard work.  270 spent to trim and open the canopy of an oak tree in my front yard, 700 spent on installing a drain and new bermuda sod that does better in the shade under the tree.  The drain has been lovely since we have had a lot of rain and normally have a little swamp in the side yard where there is a little dip, but now the drain opens up and when it gets full and we have no more standing water.  And I just spent 220 having some sort of sand and soil mixture spread over the yard to help level things out some.

My next upcoming expenses will include a paint sprayer so I can redo the deck stain/sealant.  This will be my third summer in the house so it is overdue.  I'll probably have to replace a few boards on the deck too.  I also need to get an arborist out to look at the leyland cypress trees in my back yard.  I lost one during the tropical storm, and I think there is some disease.  I hope to save them.  I just need to figure out what I can do to fill the hole left by the one that came down.  I hate it

Name	Current	Goal	% Saved	Spent
ROTH 401k	$1686.69	$9,500	17.75%	$0
ROTH IRA	$2000	$6,000	33.33%	$0
HSA	$1203.15	$3,550	33.89%	$0
Brokerage	$900	$2,500	36%	$0
House Expenses	$1190	$8,000	14.9%	$1190
Total	$6,979.84	$29,550	23.6%	$0

bobosensei, 4/4/2021, $6,979.84 (Goal $29,550) 23.6% complete 

[seriousthistime]

Hi all, I posted this in the "what are you doing right now" thread.

No Easter cooking for me. I'm heading to the hospital to have Easter dinner with the kids (parents of my preemie grandson who is still in the NICU).

One of these days, I will get to meet the little guy face to face and give him some grandma cuddles. Looking forward to that day.

Happy Easter, everyone!

So I expected to come home after the dinner and do the Savers smilies, but the kids surprised me!  I am approved as an "other support person" who is allowed to visit, hold, and care for the baby!  Needless to say, I spent the rest of the day into the evening doing exactly that. 

Smilies will be done as soon as I can get to them. 

[Rukh O'Rorke]

wonderful to hear, serious! I'm sure you gave that little boy a huge love boost!

[forwardwego]

So very happy for you Serious!!! 

[debthaven]

Wonderful news Serious!

[nikiz628]

Oh Serious, that is the best news! I hope you soaked up all the snuggles!!! 

[debthaven]

We finally sold the wonky studio on Friday!!! (At a loss, unfortunately.) We paid off that mortgage, plus part of the (ongoing) reno of our other rental. The reno is more expensive than planned, and it's delayed ... what a surprise!  

I'm splitting the rest 3 ways: house fund (the outside of our house really needs repainting), DH's savings, my savings. Some of mine will get spent since I earn little in summer. Also we plan to rent a vacation house with the kids for a week this summer.

PS It took me a while to find seriousthistime 's last update for me. Sorry, this is probably not in the right format, but it's been so long since I actually posted any numbers! I'd be very happy to repost my update in the proper format. 

debthaven   7,551€       goal 10,000€   75.5% (Dec 2020)
Update:     16,100€      goal 15,000€   (13 April 2021)

ETA: I'm SO excited!!! 

[Rukh O'Rorke]

Great news Debt! Congratulation!

[debthaven]

Thank you Rukh O'Rorke ! It only took 14 months to close ... a record, I'm sure!

The buyer (a RE professional at the agency we listed it with) got an amazing deal! But although he didn't pay us for it, he also spent a year's worth of blood/sweat/tears + money OOP, and did VAST amounts of paperwork to get the sale to close.

If a RE professional hadn't purchased it, we never would have been able to sell it. Win-win. 

[Rukh O'Rorke]

UPDATE!

Rukh O'Rorke [1] Saving Goals for 2021

Account	Goal	Added	Saved	Percent
401k	$26,000	$984.00	$8,431.80	32%
HSA	$7,600	$296.15	$2,369.20	31%
EF	$10,000	$250.00	$2,000.00	20%
Total	$43,600	$1,530.15	$12,801.00	29%

Rukh O'Rorke [2] Multiyear EF Goal

$13,422.83 (Start=$11,066.31 / Goal=$20,000)

8/26 paychecks for 2021. 

 

[forwardwego]

debthaven congrats on closing on the studio. 14 months seems torturously long. good work WIRFriend!

[forwardwego]

UPDATE 4/30/2021 $4650 (Goal $15000)

GOAL	Goal Amount	$$ To Date	% To Date	$$ To Go
JPPCU CUSHION	1000	1000	100
PERIODIC EXP	5000	2200	44	2800
INVEST	5000	700	14	4300
CASH STASH	1000	750	75	250
Fitness Camp?	3000	0	0	3000
TOTALS	15000	4650	31	10350

[azucena]

Apr 2, 2021 9:34:44 GMT -5 azucena said:

Feb 26, 2021 12:30:14 GMT -5 azucena said:

Azucena 4/2/2021 $16,889 out of $30,000 (56%)

Payday update $2113 deposit.

We've reached a huge milestone of having $100,000 in savings for the first time ever.  We're meeting with a financial advisor at the beg of May to work through a plan.

I'm meeting with a housecleaner on Friday.

Both of these items have been on my adulting to do list forever!

Azucena 4/19/2021 $19,002 out of $30,000 (63%)

[debthaven]

Good news from our credit union! They have FINALLY agreed to convert the 5-year "consumer loan" we took out for the rental reno (because our banker was out sick for over a month just as the reno was starting) into a 7-year "reno loan".

It will cost slightly more overall but the monthly payments will be lower, which is what we want. And it means no savings will be harmed. 

What a fabulous milestone azucena !!! And congrats on the cleaner, I hope they work out! Having a cleaner is indeed life-changing. 

The rule here when my kids were growing up was that the cleaner would only clean their rooms if they were neat. She would clean, but NOT pick up after them. My kids LOVED having the cleaner do their rooms, so they ALL respected the rule. 

[seriousthistime]

Hi Savers, it's the end of the month.  Thank you for your patience.  I haven't done the smilies for a few months.  

I can do a big update early next week.  Can you please get your updates posted by Sunday?

Grandbaby is improving but still in NICU.  I go in to give him grandma cuddles a few times a week. He's very sweet, just absolutely adorable. Looks so much like my son, which brings back a lot of memories. 

[seriousthistime]

Update!

Name	Start	Current	Goal	% Saved	Spent
Emergency Fund	$2,000	$2,000	$2,001	100.0%
Gifts	$14	$2,300	$2,301	100.0%
Travel	$2,310	$4,001	$5,000	80.0%
Property Tax	$2,785	$6,885	$5,500	125.2%	$2,728
Periodic Expense	$0	$1,945	$2,000	97.3%
Weekly Savings	$227	$683	$1,605	42.6%
Total	$5,560	$17,814	$18,405	96.8%

Serious this time, 4/30/2021, $17,814 (Goal $18,405)



Weekly Savings

				$5	$6	$7
$8	$9		$11		$13	$14
$15	$16	$17	$18	$19	$20	$21
	$23	$24				$28
$29	$30	$31	$32	$33	$34	$35
		$38	$39	$40	$41	$42
$43	$44	$45	$46	$47

[azucena]

Apr 19, 2021 8:31:23 GMT -5 azucena said:

Payday update $2113 deposit.

We've reached a huge milestone of having $100,000 in savings for the first time ever.  We're meeting with a financial advisor at the beg of May to work through a plan.

I'm meeting with a housecleaner on Friday.

Both of these items have been on my adulting to do list forever!

Azucena 4/19/2021 $19,002 out of $30,000 (63%)

Another two weeks have past, another pay day update.  About half of this one is tax refunds which may have part of our reduced stimulus, I've lost track as I wasn't expecting a refund at all.  DH's unpaid leave pushed us down a bracket, so now I'm working the numbers to figure out if we can recreate that again in 2021 by increasing his 401k.

Continuing to pull together numbers for the financial planner. 

Haven't heard back from the housekeeper

Have an appt on Fri to get a bid for dual hvac or something to regulate our basement temperature.  Will divert future savings to cover it.

Will also move some of our savings into two $6k Roth deposits before May deadline.  Last year we could only put in 1500 in DH's name.  Again his unemployment benefited us.  Talked a friend at work about deferred compensation as another way to lower our bracket.  More questions for fin planner and accountant.

$4,321 deposit

Azucena 4/19/2021 $23,323 out of $30,000 (78%)

[Annie7]

My month-end update:

Annie7 4/30/2021 $67,800 (Goal $108,000)

	Goal Amount	Saved $	Amount to Go	Needed By	% Met
Auto Maintenance	$1,000	$1,000	$0	5/31/2021	100%
AC Replacement	$10,000	$10,000	$0	8/1/2021	100%
Roof Replacement	$30,000	$0	$30,000	2023	0%
Fall Tuition	$16,000	$16,000	$0	8/31/2021	100%
Spring Tuition	$16,000	$16,000	$0	12/31/2021	100%
Emergency Fund	$35,000	$24,800	$10,200	4/1/2022	71%
Total	$108,000	$67,800	$40,200		63%

[Rukh O'Rorke]

UPDATE!

Rukh O'Rorke [1] Saving Goals for 2021

Account	Goal	Added	Saved	Percent
401k	$26,000	$984.00	$9,415.80	36%
HSA	$7,600	$296.15	$2,665.35	35%
EF	$10,000	$250.00	$2,250.00	23%
Total	$43,600	$1,530.15	$14,081.15	32%

Rukh O'Rorke [2] Multiyear EF Goal

$14,268.03(Start=$11,066.31 / Goal=$20,000)

9/26 paychecks for 2021. 


Usual progress for the payroll deduction savings, Multiyear EF is really up due to stock market gains and dividend reinvestments. $250 added to the pot, but up almost an additional $600 with gains. 

payday and friday and market gains and off for the afternoon. 

 

[snapdragon]

Snapdragon Update 05-01-21 - $4854.87 / $5000

Car/House $ 4854.87 / $5000

New Totals $ 4854.87 / $5000

[paynointerest]

April 2021 update

Pay-no-interest: $39,600.00 (Goal: $69,000)

	Goal	Saved	% of Goal	Amt Spent
My 403b	$19,500	17,800	91%
My 457b	$19,500	200	1%
Tax Invest Acct	$6,000	1,600	27%
DH2020 Roth	$6,000	6,000	100%
MY2020 Roth	$6,000	6,000	100%
DH 403b	$12,000	8,000	67%
Total	$69,000	39,600	57%

I had my second dose!  So glad to have the most protection I can have against this virus. I find out at the end of this month if my promotion was approved departmental and college level committees.  There should be a decent raise (for academia anyway) with my promotion.  My savings continues to go well.  I expect to meet my 403b goal with the next paycheck.

[Rukh O'Rorke]

May 1, 2021 21:21:57 GMT -5 paynointerest said:

April 2021 update

Pay-no-interest: $39,600.00 (Goal: $69,000)

	Goal	Saved	% of Goal	Amt Spent
My 403b	$19,500	17,800	91%
My 457b	$19,500	200	1%
Tax Invest Acct	$6,000	1,600	27%
DH2020 Roth	$6,000	6,000	100%
MY2020 Roth	$6,000	6,000	100%
DH 403b	$12,000	8,000	67%
Total	$69,000	39,600	57%

I had my second dose!  So glad to have the most protection I can have against this virus. I find out at the end of this month if my promotion was approved departmental and college level committees.  There should be a decent raise (for academia anyway) with my promotion.  My savings continues to go well.  I expect to meet my 403b goal with the next paycheck.

that's awesome! hope it comes through for you!

I've always been curious about how people have both 403 and 457 and can do two pots of 19500. is it because you don't pay into SS or something?

[Saving4Norway]

Month	2021 Goals	Saved	% Met
B of April	2500	2500	100%
E of April	1	122	12200%
B of May	2500	2500	100%
E of May	1	0	0%
B of June	2500	0	0%
E of June	1	0	0%
TOTAL	7503	5122	68%

Saving4Norway 5/2/21 $5122 (Goal $7,503)  

DH has done our taxes for several years but recently they got significantly more technical due to his work. So, we took them to a tax accountant this year. Included in the price of doing this year's taxes was a review of the previous year. She knew of a couple of business deductions DH didn't know about and suggests we re-submit it - for an ADDITIONAL REFUND of $1900!! 

[TheOtherMe]

May 2, 2021 13:40:09 GMT -5 Saving4Norway said:

DH has done our taxes for several years but recently they got significantly more technical due to his work. So, we took them to a tax accountant this year. Included in the price of doing this year's taxes was a review of the previous year. She knew of a couple of business deductions DH didn't know about and suggests we re-submit it - for an ADDITIONAL REFUND of $1900!! 

I've got a refund coming also, but it's only $90.  

Remember refunds are issued by paper checks so who knows when you will receive it.  I will believe it when it is in my mailbox.  

Just an FYI so you don't think it will come as fast as direct deposit.

[paynointerest]

May 2, 2021 12:18:04 GMT -5 Rukh O'Rorke said:

May 1, 2021 21:21:57 GMT -5 paynointerest said:

I've always been curious about how people have both 403 and 457 and can do two pots of 19500. is it because you don't pay into SS or something?

Rukh O'Rourke -- my understanding of the 403/457b is the availability of one or both in my case are based on what the employer works out to offer their employees for retirement savings options. The US government sets the contribution limits. 457b plans are offered by state and local governments and some non-profits.  This is not detracting from the contributions to my SS by my employer.

For the 403b supplemental retirement, I have to wait until 59.5 before I can withdraw without penalty.  For the 457b, once I separate my employment, I can withdraw the money without penalty.

[paynointerest]

debthaven -- congratulations on closing on your rental.  14 months is a long wait but I bet it is worth it!

[shanendoah]

Update: shanendoah [Q2]  $8,500 05/03/2021 (Goal: $10,000 06/30/2021)
[Q1]: $6,000 03/29/2021 (Goal: $4,000 03/31/2021)
ROTH C [Q2]: $2,500 04/25/2021 (Goal $2,500 06/30/2021)
Savings [Q1]: $0 05/03/2021 (Goal $1,500 06/30/2021)
Tax Refund Savings [Q2]: $6,000 04/13/2021 (Goal $6,000 06/30/2021)

We used my extra paycheck and the stimulus to get C's 2021 ROTH fully funded. IRS refund came in, and most of that went into savings. My goal is going to be $500 into savings each month outside of that, at least for now.
We did get a HELOC in order to do some big outdoor projects.
We've got $19k in liquid savings, though $10k of that is earmarked for Pop Tart's launch fund. She is only a junior this year, but she turns 18 in August, so I need to check in with the credit union about when I lose joint access to her account and make sure the money is all there before then. (For now, it's been sitting in my high yield savings, both for better interest and so I'm responsible for the taxes.)

[minnesotapaintlady]

May 3, 2021 15:10:45 GMT -5 shanendoah said:

We've got $19k in liquid savings, though $10k of that is earmarked for Pop Tart's launch fund. She is only a junior this year, but she turns 18 in August, so I need to check in with the credit union about when I lose joint access to her account and make sure the money is all there before then. (For now, it's been sitting in my high yield savings, both for better interest and so I'm responsible for the taxes.)

Why would you lose access if it's a joint account? I opened a joint checking account with my son when he was 12 or 13 and still have access to it now that he's in college.  My stepdad and I still share a joint account that he opened when I was 17! (I'm 52 now).  He gets a $105/month payment from the Army for getting shot in Vietnam and splits it between his 3 kids accounts every month.