Posts Tagged ‘Credit Acceptance’

Well another week has blown right past us hasn’t it? Seems 2014 is going to fly just as quickly as 2013 did, I can’t keep up anymore I swear LOL! Anyhew, this week passed with very little hang-ups or surprises we could say, we submitted the application for a scholarship/reduced tuition for the kids’ after school program, so we’re crossing our fingers we can get one of those and keep their tuition where it is currently – that unexpected increase will cost us dearly – so keep your fingers crossed for us!

This week is panning out to be a busy one, with the kids being out of school today and the Brigades being closed we’re looking at a swap off at lunch time today for my hubby & I – not like we haven’t done this before – and then Ashley has an appt with a new psychiatrist on Wednesday for her ADHD drug management and then Friday they are out of school again – this time though thankfully the Brigades is open!

Unexpected Gift

So on that note here’s the budget for the week – the unexpected gift I mentioned was from my Aunt, the sweet lady she is! She ordered some Girl Scout cookies from my daughter for Operation Cookie Drop, read here to find out more about that – and though she didn’t tell me how much she was sending me, she sent a check for $75.00 – $25.00 for the Cookies and $50.00 for me to use as needed! WOW! With changes to the NC Income Tax laws we’re going to see a reduction of about $50.00 in our checks – yes folks that’s $100.00/wk x 4 = $400.00/mos! OUCH! So it was very nice to get that gift from her, so a huge shout out Thank-You to my Aunt & Uncle!

Operation Cookie Drop

 

 $19.18 Remaining from W/E 01/05/14  $511.74 Lara W/E 01/12/14 Salary, Pay Date 01/17
 $57.06 Amt. Spent  $239.43 Jimmy W/E 01/12/14 Salary
 $(37.88) Avail. Starting  $751.17
 $5.00 Savings for X-Mas ’14  $(37.88) Avail. Starting
 $5.31 McDonald’s  $751.17 Total Pay
 $2.37 KTC  $713.29 Avail. For Bills
 $2.50 ATM Fee  $75.00 Gift from Aunt Karen
 $3.27 PetsMart  $788.29
 $9.90 Fuzzy Peach
 $2.40 Target
 $22.47 Target
 $3.84 RedBox
 $57.06

 

And now the overall breakdown:

 $788.29
 $95.00 CFPUA
 $693.29
 $111.00 Great Lakes, 1/17 Auto-Draft
 $582.29
 $80.00 Brigades Boys & Girls Club
 $502.29
 $200.00 Groceries
 $302.29
 $25.00 Dinner, 01/10
 $277.29
 $25.00 Cat & Dog Food
 $252.29
 $25.00 Jimmy’s Money
 $227.29
 $40.00 Gas
 $187.29
 $19.99  Planet Fitness, 1/17 Auto-Draft
 $167.30
 $25.00  GS Troop #1327 for Aunt Karen
 $142.30
 $7.00  GS Troop #1327 for Cookies
 $135.30
 $84.50  Credit Accept.
 $50.80  $50.80
8%  $4.06
 $4.06  $46.74

 

We may have overdone it just a touch on the spending, but some of what was spent was from the money my Aunt sent us – I bought myself 3 tank tops on clearance at Target, $22.47 there, took the kids to Fuzzy Peach (Frozen Yogurt Place) for dessert Friday night as we have some time to kill, $9.90 and then rented (3) movies from Red Box to keep us busy on Saturday, $3.84  – and honestly those were the only expenditures outside of our norm.

That’s all from us for this week! I hope all of you have a great week!

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Well after the chaos and drama that was last week’s post – which can be found here – I am happy to say that the weekend passed fairly uneventfully and we actually finished the weekend with $53.00 cash on hand – I gave $13.00 to Jimmy for his date with Ashley this week and have the remaining $40.00 in my wallet to be put into the cash box on Friday morning should it not get spent – which at this point I don’t foresee happening – so that’ll put the total in there to roughly $76.00, YEAH! That’s money to be spent for my son’s 11th Birthday celebration which is on the 3rd of February – unlike my daughter he’s opted not to have a party and is still hemming and hawing over what to do for his birthday – so yeah that’ll make for an interesting day.  May just get him some more books for his Kindle…we’ll see!

So on that note – I have restructured things slightly to allow for money to go to our three biggest payoffs each week:

1. Daycare – $70.00/week until the 1st week of February when it jumps to $100.00/week

2. CitiMortgage – $225.26/week unless we have a utility due than it’s whatever I can swing from the balance

3.  Credit Acceptance – $84.50/week until we can pay it off with our refund.

I seriously cannot WAIT until we get our tax documents coming in so I can get them off to Dad and get the taxes done…anxious much? LOL!!

So here we are – here’s this week’s budget:

 $40.20 Remaining from W/E 12/29/13  $486.52 Lara W/E 01/05/14 Salary, Pay Date 01/10
 $35.22 Amt. Spent  $255.77 Jimmy W/E 01/04/13 Salary
 $4.98 Avail. Starting  $742.29
 $5.00 Savings for Xmas ’14  $4.98 Avail. Starting
 $2.79 KTC  $742.29 Total Pay
 $9.91 McDonald’s  $747.27 Avail. For Bills
 $3.85 RedBox  $3.05 Food Lion
 $2.40 PetsMart  $744.22
 $11.27 Harris Teeter  $22.00 J-Cash
 $35.22  $722.22

 

Now I’ve decided for 2014 not to post the two separate items with the cash withdrawal and not – seemed too much to do both – so I’ll just post the breakdown and leave it at that:

 $722.22
 $116.00 AT&T
 $606.22
 $5.00 Tate & Kirlin, 01/10 Auto-Draft
 $601.22
 $70.00 Brigades Boys & Girls Club
 $531.22
 $200.00 Groceries
 $331.22
 $25.00 Dinner, 01/10
 $306.22
 $25.00 Cat & Dog Food
 $281.22
 $40.00 Gas
 $241.22
 $84.50 Credit Acceptance
 $156.72
 $125.00 Citi
 $31.72  $31.72
8%  $2.54
 $2.54  $29.18

 

You will notice (2) changes to the budget

1. I have allotted at the top as money spent what I am transferring over to savings for Christmas 2014 – no I have not calculated out exactly how much we need to put aside each week to make a certain amount of money – for now I am just doing what I can afford to spare

2. I have upped my contribution to the Merrill Account from 7% of what’s remaining to 8% – hoping to eventually get us to 10% or more! Crossing my fingers!

Well all that’s all she wrote – keeping it brief – any suggestions from my readers on how I can improve things to accommodate the additional $30.00/week coming out?

Enjoy!

New Year 20143

 

I hope beyond all hope everyone had a Great Holiday Season! Santa was good to you and yours, and that your New Year Celebrations were everything you hoped they would be!  We spent ours as per usual at home watching Transformers 3 and playing Skip Bo after I did my at home Zumba Workout!

With the New Year comes many thoughts flooding into my head about what I want our finances to look like for 2014, and I can honestly say I have lofty goals and that probably only 10% of them will be met, so here goes, I am posting them here for accountability purposes:

1.  Get Caught up on the Mortgage, we are currently behind once again, owing somewhere around $2,400.00 with another month being due posting 01/15/14…so this is Goal #1.  I haven’t completely figured out yet how we are going to catch up on this – for now I have built into the budget a weekly payment of $225.26 to at least cover the current month.

2.  Get Caught up and PayOff the car loan, we are currently behind once again, owing somewhere around $504.00 with another month being due posting 01/06/14…so again Goal #2 here.  And again I haven’t figured out how to catch up on this until tax time when I plan on using the tax refund to pay the back due balance and then as much as we can towards paying off the loan.  According to my math we owe something like $2,600.00 so I feel this is completely doable! Once the car is paid off we’re going to hold onto it for another year until we receive our refund in 2015 in hopes that without the car payment we can be more consistent with making our mortgage/utility payments.

3.  Get Caught Up on All Utilities! – We are once again behind on both the water and electric bills to the tune of about $400.00, so my ultimate goal here is to pay them off – I have worked again into the budget a weekly allotment to pay once utility something every week until tax time when I can zero them out – on the other side of this however is finding ways to lower said utility bills which may be semi-difficult, we’ll see!

4.  Build an Emergency Fund – Be it the monies we have left over at the end of each week, or we find a way to build with separate savings, this is a Necessity to prevent car repairs coming from our general funds – even if I have to split up what’s left in our checking account two ways every week I will find a way to do this!

5.  Start a Christmas 2014 Savings Fund – This will be for our travel and purchase of gifts for next Christmas! I so did NOT like being home alone this year – while our Christmas was nice & quiet with just the four of us, I still prefer the chaos and family time in Maryland! Call me crazy but that’s the way of it…to do this I have built into the budget each week a small amount of money to deposit into our savings account to help fund this account!

So that is the main list of 2014 Financial Goals – while I’d also love to find a way to fund a small vacation for all four of us, I just don’t see that happening right now – it just isn’t in the books.  I said something a couple of weeks ago that if anyone wanted to nominate us for one the Ellen Show “Surprises” I wouldn’t be offended – ugh I would so love some sort of miracle to come into our lives to help us out here!

So what are your 2014 Financial Goals?

Roadsigns for Financial Goals

Seriously a break would be helpful? Why is it this time of year everything goes to sh*t and our finances takes a large plunge down the drain, UGH! This go around it was new tires for the car, a trial Amazon.com Prime Membership I forgot to cancel in time re-routed just about everything I had allocated elsewhere to spend on bills.  The $200 I was going to send to Credit Acceptance and the $115.00 for the Electric bill (which I am hoping beyond hope is still on when I get home tonight)…so we’re pretty much screwed this week…if i could I would just fill this post with the “F” bomb until I  exploded!

I explained what happened with the tires in a previous post, if you missed it, it’s here

Otherwise, here’s the budget – I seriously am going to figure out a way to fix this and get us back on track, I submitted my essay the other day to WritersCash, you can read it here in hopes its accepted and I can begin making money freelance writing, we could really use it!

With that rant over, here’s this weeks’ budget, the money paid to Amazon will be refunded after the pending transaction clears, Thankfully! Then maybe, just maybe I can pay part of the electric bill; I tried to request an extension on their website, but that was a no-go, my hubby tried to call them this morning and all he got was a message saying “all circuits are busy at this time” oh gee I wonder what happened there!

 $126.31 Remaining from W/E 09/08/13  $491.39 Lara W/E 10/27/13 Salary, Pay Date 11/01
 $126.00 Amt. Spent  $223.77 Jimmy W/E 10/27/13 Salary
 $0.31 Avail. Starting  $715.16
 $100.00 DSS  $0.31 Avail. Starting
 $9.44 Harris Teeter  $715.16 Total Pay
 $0.79 KTC  $715.47 Avail. For Bills
 $15.02 Adj.  $50.00 TXFR From Merrill on 10/30, Voided 10/11 Transaction
 $0.75 Kindle Charges  $765.47
 $126.00  $25.00 Re-Deposit of Cash Withdrawn
 $790.47

Ok so let me explain a few things here – the $100 to DSS aka New Hanover County Dept of Soc. Services is the Kids’ NC Health Choice insurance deductible for the year – Thankfully one thing went right and we were re-approved for another year, yes thank-you Brigades you brought our income down enough to qualify us!

The $25.00 put back into our account was that I accounted for dinner @ Incredible’s Friday night and by the time we got there to meet my hubs he’d purchased the pizza with our debit card, so I put those funds back into our account…

So here’s the breakdown:

 $790.47
 $223.07 New Tires
 $567.40
 $70.00 Brigades Boys & Girls Club
 $497.40
 $200.00 Groceries
 $297.40
 $25.00 Jimmy’s Money
 $272.40
 $23.17 Dinner, 9/13
 $249.23
 $40.00 Gas
 $209.23
 $25.00 Cat & Dog Food
 $184.23
 $79.00 Amazon.com Prime Membership
 $105.23  $105.23
0.07  $7.37
 $7.37  $ 97.86

And with the lump sum cash withdrawal:

 $790.47
 $223.07 New Tires
 $567.40
 $70.00 Brigades Boys & Girls Club
 $497.40
 $320.00 Cash for Week
 $177.40
 $79.00 Amazon.com Prime Membership
 $98.40
 $7.37 Merrill Transfer
 $91.03

So here we are, Halloween went well, the kids had a BLAST trick or Treating! We walked around downtown for about two (2) hours before heading to Harris Teeter to get Ashley some cold meds – she felt a little warm to us and was coughing some during trick or treating, though she didn’t let that bring her down, she took off as per usual and had  so much fun!

Here are the kids in their costumes:

Lil Devil

 

Our Little Devil!

Shadow Ninja

 

And our Shadow Ninja!

MISC. SPENDING HAS BEEN BROUGHT UNDER CONTROL!! We only hit the checking account twice last week for small drafts and didn’t spend hardly anything at all!  I am very proud of us!!!  I have literally been on pins and needles waiting to share this wonderful accomplishment with everyone!

The only reason we had (1) stop at PCJ (Port City Java, Wilmington’s answer to Starbucks, but WAY better!) was because Jimmy was running a headache (the extra shot of espresso is an easy fix for a headache) and I needed some coffee, so we stopped at the PCJ by the Wal-Mart we shop at and grabbed (2) small Latte’s and the kiddos some snacks.  On Thursday after Girl Scouts, I did run to Starbucks and picked up a new travel mug to replace the one I got for Christmas from my manager – it broke last Wednesday morning when I dropped it while washing it – I was able to use the rest of a Gift Card I got for my BDay from my In-Laws to pay for the bulk of it and the remaining balance was very small ($2.56) so I didn’t fuss!

But aren’t you guys proud of us! We’ve been trying to do this for EONS and somehow we managed it last week!

This is good because as I was reviewing our overall financial picture this morning did I realize that we are way over our heads financially and this cut-back will help us recuperate the overage elsewhere…

After putting into a small spreadsheet everything we have going out, this is what I came up with while sitting at OT Solutions waiting for Austin to get done with his therapy session:

The income numbers I used was what we were paid on Friday – you’ll see these replicated below – and these are our monthly numbers for everything using a 4.25 multiplier on the weekly expenses – used instead of 4 as there’s something like 4.25 – 4.5 weeks in any given month:

 $496.56  $2,110.38
 $258.92  $1,100.41
 $755.48  $3,210.79
 $830.00  Citi
 $297.50  Brigades
 $337.00  Credit Acceptance
 $850.00  Groceries
 $170.00  Gas
 $64.47  State Farm
 $89.00  APM Int’l
 $21.39  Blockbuster
 $7.99  Hulu.com
 $111.00  Great Lakes
 $106.25  Pizza Dinners
 $106.25  Jimmy’s Money
 $106.25  Cat & Dog Food
 $125.00  Progress Energy
 $125.00  AT&T
 $105.00  CFPUA
 $21.25  OT Solutions, Inc.
 $3,473.35

Leaving a Difference of: ($262.56)

OUCH! No wonder we’re broke as sin!  Even if I cut back the weekly pizza expense and when APM Int’l is done in November with Blockbuster being cancelled (as will be done this week) – I will still have that $25.00 in my grocery budget to pay for food on those nights and with the possibility of cutting out OT  – Austin’s therapist is talking of possibly transitioning him out as she doesn’t feel it’s needed any longer – we’re still in the hole: ($130.92)!

Our biggest expense is the house – and with our payments being as inconsistent as they have been our Escrow account has been overdrawn so now we’re having to make-up that difference in our payments as we were also unable to make the extra payment for just the escrow account thus causing the monthly payment to jump up from $765.00/mos to $830.00 – OUCH!

Alright here we go with this week’s numbers:

 $35.11 Remaining from W/E 09/08/13  $496.56 Lara W/E 09/15/13 Salary, Pay Date 9/20
 $15.95 Amt. Spent  $258.92 Jimmy W/E 09/15/13 Salary
 $19.16 Avail. Starting  $755.48
 $12.59 PCJ  $19.16 Avail. Starting
 $0.90 KTC  $755.48 Total Pay
 $2.46 Starbucks  $774.64 Avail. For Bills
 $   –  $5.00 Unpaid to OT Solutions
 $15.95  $779.64

And the overall breakdown:

 $779.64
 $70.00 Brigades Boys & Girls Club
 $709.64
 $10.00 OT Solutions
 $699.64
 $200.00 Groceries
 $499.64
 $25.00 Jimmy’s Money
 $474.64
 $25.00 Dinner, 9/20
 $449.64
 $40.00 Gas
 $409.64
 $25.00 Cat & Dog Food
 $384.64
 $7.99 Hulu.com, 9/21 Auto-Draft
 $376.65
 $21.39 Blockbuster.com, 9/23 Auto-Draft
 $355.26
 $5.00 Coastal Beh. 9/25
 $350.26
 $64.47 State Farm, 9/24 Auto-Draft
 $285.79
 $200.00 Credit Accept
 $85.79
 $30.00 Boys’ Haircuts
 $55.79  $55.79
7%  $3.91
 $3.91  $51.88

And…with the lump sum cash withdrawal:

 $779.64
 $70.00 Brigades Boys & Girls Club
 $709.64
 $10.00 OT Solutions
 $699.64
 $360.00 Cash for Week
 $339.64
 $7.99 Hulu.com, 9/21 Auto-Draft
 $331.65
 $21.39 Blockbuster.com, 9/23 Auto-Draft
 $310.26
 $5.00 Coastal Beh. 9/25
 $305.26
 $64.47 State Farm, 9/24 Auto-Draft
 $240.79
 $200.00 Credit Accept.
 $40.79
 $3.91 Merrill Transfer
 $36.88

And that left me with just over $18.00 cash to put into the savings jar this morning! We’re well on our way to being able to fund Halloween! YEAH!

Well that is all from me for this Week! Until next week!

Seriously??!?! So here’s a mid-week update to keep my Friday budget post from becoming too long –

After FOUR (4) yes I said FOUR Months of waiting we FINALLY heard back from Citi about our restructure and what do you know??? It was DECLINED citing spending habits vs. actual need – so then I guess that the fact that several unexpected expenses bulked together with lost working hours was the only cause for getting (5) months behind on our mortgage??? Seriously…I understand that’s what the issue was but when we added it all up the total amount going out was more than our income and it was BAM BAM BAM one expense right after the other we couldn’t catch a break until almost Halloween…and then when we ask for help from the one place that coule provide it, yup DENIED!  I am so frustrated I don’t know where to begin.  So what do they tell us??? Pay what you can and try each month to make a full payment – um what about that $5K+ that is  back due on the loan – no answer…gee Thanks!

So now that’s finished we figure ok since one situation didn’t work out, perhaps our second one would…replacing the money pit that our car has become, a 2000 Ford Focus with 130,000 miles on it – the “new” alternator that was put in last Fall may not have been installed correctly or might not have been the only issue, I have ZERO Clue – all I do know is this – I have to ‘prime’ the engine when I stop for a red light – meaning I have to apply the brake and lightly apply the gas in order to keep the car from stalling.  And yes I still have to do this even after replacing the battery (after my 4th stall out waiting to get off property from my job)…in April…we’ve had tune-ups and oil changes done to no avail it still does it.  Then recently my brakes have decided to ‘grind’ which I know means one thing and one thing only – Roters need replacing – those suckers are pricey as all get out – fun right?? NOPE!

Now we’re going to try a 2nd route with maybe replacing it – my hubby thinks he might be able to talk to our finance company and see about them pointing us in the direction of a replacement/new loan through them so we can get out of the money pit it’s become…that call is being made tomorrow morning…let’s hope it works…

The only bright light that came from the last 48-hours – my Wedding Song was playing on the radio today, going to post a video here for everyone to enjoy!

 

Lessons Learned: Don’t rely on just one route to correct a problem…always map out more than solution to an issue and prioritize your housing over every other expense! Build your emergency relief fund as it’s the only way to keep yourself out of hot water later down the line!

Man alive am I behind schedule HUGE this week…I should have posted this on Friday but the weekend got away from us, so here we are on Monday.

That being said our Weekly Cash withdrawal wasn’t enough…WHAT?!?!? We went over budget on just about everything except gas, I went to Target on Friday night and spent $15.00 then we turned around and went to Wal-Mart on Saturday afternoon and I spent another $15.00 for dinner Sat night, then we went and did our weekly shopping on Sunday morning and spent $179.00 – so we were $30.00 over budget all around and that left me with $0.00 for my co-pay at the lab this morning.  BUT thankfully because I didn’t see the doctor there wasn’t a co-pay – which is fine with me because UHC would have just sent it back to us in a couple weeks.  We also have the HRA debit card that I could have used to pay for the co-pay as needed, as is I used it to pay for my prescriptions yesterday morning, which was $8.00.  So that left me feeling less than stellar about our finances and I wasn’t all too thrilled about having to make necessary adjustments to the budget this week to accommodate these overages – BUT it would seem that fate had another thought in mind – I went to OT Solutions this morning and what do I see on the ground outside?? What I thought was a $5.00 bill turned out to be a $50.00 bill!! WHAT??!?! I was very happy to see that! We are putting that into the bank today!

Alright so here we go – the hours I worked were considerably less due to the 4th of July and my office being closed for Thurs/Friday that week – yes while I was able to get about 12.0 hrs. those two days, it still hit my paycheck hard and I lost about $70.00 worth of pay…

 $23.03 Remaining from W/E 06/30/13  $449.07 Lara W/E 07/07/13 Salary
 $33.21 Amt. Spent  $360.23 Jimmy W/E 07/07/13 Salary
 $(10.18) Avail. Starting  $809.30
 $0.90 KTC  $(10.18) Avail. Starting
 $1.61 Wal-Mart  $809.30 Total Pay
 $1.00 PetsMart  $799.12 Avail. For Bills
 $1.81 PetsMart  $55.00  Put Back from Ot, Paid in Cash, Cash Found
 $3.99 Amazon.com  $854.12
 $8.13 Incredible Pizza
 $15.77 McDonald’s
 $   –
 $   –
 $33.21

The previous week we had managed to stay out of our checking account, which is amazing! We haven’t had any need to swipe the debit card however that changed as you can see above…because we aren’t actually doing the final budget until today, Monday.  WOW!

I have some other items to discuss regarding this which will be in another post – as we’ve made some goals for ourselves in order to stay on target with our budget and not get so far behind.

Alright here’s the breakdown:

 $854.12
 $25.00 DB Plumbing
 $829.12
 $80.00 Brigades Boys & Girls Club
 $749.12
 $5.00 OT Solutions
 $744.12
 $125.00 AT&T
 $619.12
 $170.00 Groceries
 $449.12
 $25.00 Cat & Dog Food
 $424.12
 $25.00 Dinner, 7/12
 $399.12
 $25.00 Jimmy’s Money
 $374.12
 $40.00 Gas
 $334.12
 $89.00 APM Int’l
 $245.12
 $20.00  L-Co-Pay
 $225.12
 $150.00 Citi
 $75.12  $75.12
7%  $5.26
 $5.26  $69.86

And now with the cash withdrawal:

 $854.12
 $25.00 DB Plumbing
 $829.12
 $80.00 Brigades Boys & Girls Club
 $749.12
 $5.00 OT Solutions
 $744.12
 $125.00 AT&T
 $619.12
 $320.00 Cash for the Week
 $299.12
 $89.00 APM Int’l
 $210.12
 $150.00 Citi
 $60.12
 $5.26 Merrill Transfer
 $54.86

So I am a tad happier with what we have here – I decided to pay some more to the Mortgage vs. the car payment as Citi needs the funds more than Credit Acceptance, so now we’ll spend the money over the next three weeks paying it – as we’re going out of town the Weekend of the 26th to visit family in MD and our budget that week will be vastly different as we need to pay for a rental car, gas, food and entertainment that weekend.  I only wish I had some overtime to help offset some of those expenses.

So I hope everyone has a Good Week!

Our next post will be the goals we’ve set forward for ourselves!