Well its early 2015 and we’ve already filed our taxes – so thankful for my Dad and for Turbo Tax – he patiently accepts all of our tax paperwork, asks for missing information and files our taxes for us every year.  Without him I’m pretty sure we’d end up at either WalMart, Liberty Tax, etc. getting them done paying too much to file them, so Dad Thank-You so very much!

That being said, we’ve received our refund from the Federal Government, this year we received $4,344.00 and somehow we owe the State of NC $51, so that will be filed and paid within the week – Dad suggested we wait until the last possible minute, but I want to make sure its paid when I know I have the money for it.

So now we’ve sat down and discussed how we’re going to spend it and allocate the funds – priority #1 was the utilities – getting current with them and paying them off, so here’s the breakdown:

 Utilities Due
 $                    450.00 Progress Energy Due 01.02.15 Paid 01.05.15 via Phone Pay, Conf# 06223256020515
 $                    157.18 Addt’l Progress Energy
 $                    173.91 CFPUA
 $                    147.45 AT&T Due 01.05.15 Paid 01.04.15 Via AT&T Website, Conf# 4LH7MYW9B045RH1
 $                    928.54
 $                 3,364.46 Remaining After Paying Utilities

Tonight, Thursday Feb 5th, our Electricity was cut off because of such a large past due balance, so we had to pay that and then some to keep it on – that payment was made over the phone tonight – tomorrow I’ll be paying the Water bill and the remaining balance of the Electric bill.

I then added in our projected income for the month and mapped out when the bills are due:

 Income for February
2/6/2015 2/13/2015 2/20/2015 2/27/2015
 $                    471.34 471.34 471.34 471.34 Lara’s Income (40.0 Hrs/Week)
 $                    269.02 269.02 269.02 269.02 Jimm’s Income
 $                    740.36  $             740.36  $    740.36  $    740.36
 $                 4,104.82  $          4,104.82  $ 4,104.82  $ 4,104.82 Remaining After Utilities + Income
 Bill Due for February
 $                    269.24  $             269.24  $    269.24  $    269.24 Regional Acceptance
 $                    430.07  $             430.07  $    430.07  $    430.07 CitiMortgage
 $                        5.00  $                    –  $            –  $            – Tate & Kirlin
 $                           –  $               33.80  $            –  $            – Music & Arts
 $                           –  $               19.99  $            –  $            – Planet Fitness
 $                           –  $                    –  $      57.97  $            – Oster
 $                           –  $                    –  $        7.99  $            – Hulu.com
 $                           –  $                    –  $      91.80  $            – Medieval Times Money for GS
 $                           –  $                    –  $            –  $    121.41 State Farm
 $                    704.31  $             753.10  $    857.07  $    820.72 Total Due for Other Bills

What’s kind of funny with Regional Acceptance is many years ago they financed the Alero I mentioned in my previous post about cars, see that here, so to be back with them is something I was surprised about when we got the payment paperwork earlier this week, but alas I guess there’s only but so many places that’ll finance people with less than stellar credit.

So then after the above was done, we mapped out our “Wish List” for the money with projected costs:

 Wish List
 Item Budget
 New Computer  $             250.00 to  $    300.00
 Clothes for Lara  $             200.00
 Jimmy’s Fun Money  $             200.00
 Kids’ Fun Money  $             125.00 $75 for Ashley/$50 for Austin
 Dinner Date  $             100.00
 Family Dinner  $             100.00
 Doggy Meds/Nixon Vet  $             150.00
 $          1,125.00

These are things we know for sure we want to do with the money – we’re going to give ourselves some “fun” money to play with and she $200 for my hubby and I will be used to replenish our wardrobes and spend as we need – we’re planning a date for the two of us – and then a shopping/dinner excursion to possibly Myrtle Beach to hit the outlets!  Should be fun! With my weight loss I know I need new Summer clothes – mainly work pants – some new dress sandals – new yoga pants – socks-undergarments, etc.  So I am hopeful I can find some reasonably priced items!

So then lastly we made a list of larger items we know we need to take care of in the house, those include:

 New Flooring for Front Hallway
 Ashley Metal Bed Frame – New Linens
 Austin Metal Bed Frame – New Mattress – New Linens
 Poss. New Couch/Chair for Living Room
 Rake, Shovel, Garden Tools
 Bookshelves
 Ottoman w/Storage Inside
 Carpet Cleaner Rental
 Sadie Teeth Cleaning/Nails

Fairly simple things – and whatever’s left will go into Savings.  We’re going to do our very best to stretch this money as long as we can to have that padding…gotta be smarter with it, its a larger amount of money than we’re used to seeing.

So that’s where we’re at right now!

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Comments
  1. That’s great that you got such a big refund! Whoo-hoo for you guys. I only got $89 back this year, oh well. Maybe I should change my withholding.

  2. Sorry if I’m missing something, unfortunately I can’t see tables too clearly on the WordPress app, but are you accounting for your usual groceries and aftercare, etc. in your monthly bills for February? Are you trying to use your regular income only for your monthly bills, or are you planning on tapping into your refund?
    I would avoid using your refund for any extras, and instead keep it for emergencies like what you’ve dealt with with your car.

    • ncreadergirl says:

      Thanks for the comments, but you are right, forgot to account for those items in my bills – but they will be added in! We’re planning on holding onto a portion of the refund for emergency purposes (like the situation with our car) so we have it set aside and allocated.

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