Posts Tagged ‘federal tax refund’

So to Speak…

I have so much in my brain right now – I’ve discussed where we’re at with the Mortgage and the van – and we have that underway.

The mortgage is in a holding pattern until the funds from our 401K arrive via Fed-Ex after it’s sent – the NCHFA has told us that we’ll have the funds forgiven after 10 years in the home – I really hope that we’re successful in paying the mortgage ourselves after their support runs out after 18-Months.

However, today I received the paperwork FINALLY from Wells Fargo to close my account – I sent an email to the HR Team of my previous employer requesting they complete the paperwork and send it back to Wells Fargo as soon as they can so I can get this money quickly.  So now we wait…as per usual.

Bonus, though today we got a call from DSS telling us we qualify for Family/Adult Medicaid through the State so we can get medical insurance.  YAY! My husband has been experiencing random low grade to somewhat highish fevers and I am really worried about him – BUT we’ve been unable to get him to the Dr’s to get it looked at.  And, he’s been unwilling to go to the hospital to get it looked at, and I understand that, ER’s are not clinics and not the place to go for medical attention.  So tomorrow, off we go to DSS to get this application in.

I was told today that another manager in my store is looking for someone Full-Time in two of her departments – she’d already offered me extra shifts and I am going to take them – however, my counter manager told me to talk to this other manager about getting a full-time position with her.  I am considering it because we could definitely use the money, and its looking like my future is bound within the walls of the store…for now at least as I am having a very hard time finding work outside of the store. Been looking for a couple of months now with no luck…so yup.

I am also considering undertaking a change in our diet – recently one of my favorite author’s has started on her blog a series of posts about Depression Era Eating and cooking.  She’s listed those items to store in bulk and now I am thinking about how to outfit our kitchen to accommodate bulk dry goods in my kitchen. (her initial post is here, Food Frugality in the New Depression) – it’s a 12′ x 12′ square with one wall of cabinets interspersed with my stove, sink, and refrigerator

The other side of the cabinets is the same, and on the 3rd wall is a steel dog crate for Sadie.  So now I have to get creative, maybe using some shelves and the real estate on the floor by the other wall on the other side of the kitchen next to the living room…

I think doing this would allow us to save some money at the grocery store – just because we’re on Food Stamps doesn’t mean we have to eat like crud – we can use those funds to pay for bulk items at the store and eat well. At least that’s my thought…what do you all think? If nothing else the money saved will be helpful in paying for other items.

One is Silver – we’re considering selling her, as much as it breaks my heart – we cannot continue to pay her monthly payment, the insurance and gas – we’d need another vehicle so possibly going back to a buy here – pay here place OR buying something for cash.  We won’t get what we owe Regional for her – I am aware of that – BUT the bigger picture is that her monthly payment ($540.00) plus the insurance ($272.00/mos) plus gas ($140.00) is just too much for us right now on my $9.00/hr income…so we have to determine if that’s a viable option…

Ok I think I’ve offloaded enough…

I seriously feel like I need to play the role of Ebenezer Scrooge when it comes to our finances – hold every penny earned close to my heart and not let it go unless ABSOLUTELY necessary – never having fun – always pushing friends/family and events off to the side.  We’ve been hit from every angle as of late and frankly it’s getting old!

So since my last post let’s see what’s happened:

Silver’s repairs FINALLY wrapped up with a $250.00 deductible being paid out of our Merrill Account, and the rental cost was $754.53 for the 37-Days it took to get the repairs completed.  Ugh. I did send a copy of the receipt with an email style invoice to the repair shop requesting reimbursement for the rental cost as it exceeded the estimated number of days they told me repairs would take.

So that left us with none of our tax refund left – the remaining balance went to buying groceries/gas and basically supporting us for the last month while I looked for work.  I did manage to find a part-time position at a major department store retailer in the South and East working in Fine Jewelry, so not terrible. But it pays $9.00/hr maxing out at 24.0 hours a week until a full-time position opens.  Joy!

In the meantime we’ve re-done our food stamps and now have more money in Food Stamps every month to help us pay for groceries – the mortgage is still in process, need to check-in there and find out what the status of that is. Hubby went back to DSS yesterday to apply for Medicare to be told that the state no longer covers adults like they do children, SO he was directed to Soc. Security to apply for disability in hopes they can get him the coverage he needs for his heart issues.

Otherwise, we’re down to our last $100 until I get paid Friday…fun right?!

So that’s that ya’ll!

Good Wednesday Afternoon All!

WOW Been a Busy Week for Sure! We’ve had some changes happening here.

1st I was let go from the project outage – hours being cut, so naturally I was an easy choice.

2nd I was placed on a new temp job paying $12.00/hr. – a LOT less than what I was making at the outage.

Just thankful we have the refund to help us some.

So here’s our breakdown for this week

$34.22 – Music & Arts

$19.99 – Gold’s Gym Membership

$8.55 – Netflix.com

Total Bills: $62.76

$7.46 – Hobby Lobby

$7.08 – Ship & Mail Plus

$11.04 – Wal-Mart

Total for Etsy Order #2: $14.54 + $11.04, Addt’l Yarn = $25.58 with a $22.00 Deposit for Order Rec’d 03.15.16

$11.07 – Food Lion

$9.04 – Everybody’s IGA

$5.26 – Everybody’s IGA

$23.71 – Harris Teeter

$167.72 – Wal-Mart

Total Groceries: $216.80

$11.11 – Target, Prescription + Misc.

$11.77 – Once Upon a Child – Kid Clothes

$33.54 – Once Upon a Child – Kid Cothes

$53.17 – Wal-Mart, Misc.

$24.85 – Murphy’s Oil, Gas

$6.17 – Tommy’, Cigs. for Hubby

$49.22 – Clothes Mentor, L – Work Clothes

$17.80 – Sunrise Express, Laundry

$5.00 – Dr. Robbie Adams, Co-Pay

$208.57 -NC Courts, Speeding Ticket

$2.00 – Parking Downtown

$10.00 – Nintendo Digital, Game for Kids

$343.00 – Hertz Rental Car (see below)

Total Misc.: $776.20

$4.82 – PCJ, Coffee

$7.00 – Impact Nutrition

$10.86 – Kilwin’s Ice Cream

$12.14 – Kilwin’s Ice Cream

$28.00 – Papa John’s

$9.04 – PCJ, Coffee

$7.00 – Impact Nutrition

Total Dining Out: $78.86

Ok so in the middle of the week we also received our State Tax Refund, $105.00, so that’s been added back into our budget.

Explanation for Hertz – I was involved in another wreck this morning – this time it was 100% my fault – filed the claim with the insurance and picked up a rental car at their rate so we can still get to work, the gym, scouts and the grocery store.  The cost listed is a $200.00 deposit hold on top of my cost – which for a week is $120.00 + taxes/fees, not terrible in truth.  Final amount will be determined once the repairs are done on Silver.

Anyhew, that’s about it from us this week! One more large bill due, the taxes on Silver so we can get the tags renewed.  That’ll be next week’s payout, think I’ve spent enough this week.

 

 

Good Thursday Morning One & All!

Sorry I didn’t get on yesterday – took the day off and spent it running around town with my hubby! Tried to get a traffic ticket (speeding) resolved, but alas I mis-read my own notes and ended up getting there after the allotted time – SO I’ll try again next week – I have until the 24th.

Anyhew, here’s the breakdown of this week’s spending – seems we went a tad overboard – but we had a lot of errands on Sunday to handle and that’s where a lot of our spending was – throughout the week too – we spent more than we should have – more of those one off stops for groceries.  Ugh.

Anyhew, here we go

$540.00 – Regional Acceptance – I put back into play the other allotments of $180.00/each and paid Regional for March’s payment.

$32.95 – Banfield Wellness Plan

$100.00 – Dad (final Progress Payment)

$25.19 – BP Oil – Gas for Silver

Total Bills: $698.14

$13.00 – Amazon.com – My hubby ordered me a very nice Bamboo Crochet Hook

$37.67 – JoAnn’s (YTA Creations Supplies for Order)

$12.47 – Paypal (Clay Handled Crochet Hook)

$9.52 – Ship & Mail Plus

Total for YTA Creations: $72.66 (Rec’d Payment of $22.00 for Etsy Order)

$6.69 – Tommy’s (Cig’s for Hubby)

$27.01 – Amazon.com (Trumpet Cleaning Kit for my Son)

$29.98 – Kwik Kuts

$1.04 – Target (Lotion)

$16.23 – Wal-Mart (Umbrella for James)

Total Misc. Spending: $80.95

$18.36 – Harris Teeter

$6.60 – Safeway Food Mart

$30.26 – Food Lion ($10.26 = Groceries, $20.00 = Cash)

$194.96 – Wal-Mart (Groceries + Shoes/Socks for Ashley)

Total Groceries: $250.18 – $20.00 Cash = $230.18

$5.34 – Amazon.com (Minions Movie)

$3.20 – Amazon.com (Ice Age Continental Drift Movie)

Total Entertainment: $8.54

$1.59 – Cigarette City (Drink for Hubby)

$10.09 – Wal-Mart (Breakfast for Kids)

$6.26 – Port City Java

$33.00 – Papa John’s

$4.23 – Gold’s Gym (Smoothie)

$20.02 – Wendy’s

$2.12 – Wendy’s

$9.00 – Impact Nutrition

$15.94 – Chipotle

Total Dining Out: $102.25

$374.48 – Best Buy

$223.70 – Target

Total for New TV for House: $598.48

I honestly am surprised at how much we’ve spent this week – but now that the bills were caught up and we just have the ticket & taxes on Silver to resolve we felt comfortable going ahead and getting the new TV.  We wanted a 40″ one but the color was not up to par with what we thought was good quality – and Target/Wal-Mart and Costco all had the 40″ one for roughly $359.00, so we wandered into Best Buy yesterday to ask questions about how a Smart TV works (yes we were still on a tube TV) and ended up finding a 43″ one for the same price as the 40″ one and better quality picture, so we went with that one.  We knew the TV stand we had wouldn’t work for either one, so we bought a new stand for $199.00 at Target.  We’re pleased with both purchases and know they’ll last us forever!

So that’s where we are this week!

 

 

 

Good Wednesday Morning All!

Well here we are into Week 2 of the Tax Refund and here’s how the spending went

Bills:

$180.00 – Set Aside for Silver’s 3/17 Payment , total set aside, $360.00

$148.00 – Progress Energy – this will Zero out our balance due for now

$100.00 – Dad for Repayment of the Dec. Progress Energy Payment, Bal. Due $220.00

$115.00 – Cape Fear Public Utility Authority

$232.42 – State Farm, 02/28 Auto-Draft

$50.00 – Gold’s Gym

$2.13 – Etsy.com Seller Fees (YarntoAfghanCreations)

$118.33 – AT&T

Total Paid: $945.88 – OUCH!

Misc. Spending:

Household Spending:

$17.25 – Sunrise Express, Laundry

$175.40 – Wal-Mart, Groceries (Receipt Submitted to Savings Catcher)

$32.57 – Wal-Mart, Groceries (Receipt Submitted to Savings Catcher)

$17.77 – Everybody’s IGA (Groceries)

$10.59 – Harris Teeter (Groceries)

$7.02 – Wal-Mart (Receipt Submitted to Savings Catcher)

$24.56 – Handee Hugo’s (Gas)

$14.86 – Murphy’s (Gas)

Total Household Spending: $300.02

Dining Out:

$58.00 – IHOP (Dinner)

$29.00 – Papa John’s (Dinner)

$5.78 – PCJ

$10.43 – Harris Teeter (Starbucks)

Total Dining Out: $103.21

Entertainment:

$4.26 – Amazon.com (eBooks)

$4.27 – Amazon.com Video on Demand (Hotel Transylvania 2)

 

$3.20 – Amazon.com Video on Demand (Alice in Wonderland)

Total Entertainment: $11.73

Misc. Spending:

$13.34 – Ship & Mail Plus (YarntoAfghanCreations)

$20.25 – HobbyLobby.com (Nephew’s 1st B-Day Gift Supplies)

Total Misc.: $33.59

Grand Total: $448.55

Ok so I am not totally disappointed with this week’s spending breakdown, the worst it seems was household – it appears we’re spending more on groceries as we’re doing the one-off shopping trips for misc. items that weren’t accounted for in the weekly grocery shopping trip – these items aren’t normally purchased.  However, I do have a teenage boy in the house now and that means more food spending for the next several years, as anyone whose been around a teenage boy will tell you they eat like bottomless pits LOL!  And, my son is no exception, seems he’s eating more than ever lately.

Next week I intend to make the payment for the taxes on Silver and then we’ll be done paying bills for now.  That’s the last of them as far as I can see.  Then again you never know.

Still trying to figure out how to make the money in savings work for us – the Apple stock I bought is doing well, we’ve made a small amount of money off of our existing stocks in the last week, so no complaints there.

Well that’ll be enough from me for now!

 

 

So it’s been 1 Week Since We’ve received our tax refund, it was deposited a week ago tomorrow.

So here’s how the spending went during week 1

Savings:

$500 – Savings

$25.00 – Kids’ Savings

Sat, 02/20 Spending:

$180.72 – Wal-Mart (Groceries)

$31.42 – Smithfields (Dinner, Sat)

$103.00 – Girl Scouts NC Coastal Pines (Ashley Camp Deposit)

Total Spent: $315.14

Sunday, 02/21 Spending :

Took Silver to the mall, Sears, to have her oil changed, tires checked & new wiper blades installed, ended up being stuck at the mall over lunch and ate at the food court – ugh the prices have gone up – NEVER again – the food isn’t worth the cost.

$92.91 – Sears (oil change, flat repair, and wiper blades for Silver)

$8.03 – Slice of Life (Ashley Lunch, Sun)

$9.61 – Charley’s Grill (Jimmy Lunch, Sun)

$8.43 – Ming Tree (Austin Lunch, Sun)

$6.41 – Baba Ghannouj (Lara Lunch, Sun)

Total Spent on Lunch: $32.48

$13.89 – Kitchen Collection (purchase of cast iron skillet handle cover to prevent future burns)

$30.41 – Hot Topic (Austin T-Shirt, repayed using his GC from his Birthday, didn’t have it on him & Golden Snitch Keychain for Lara, less than $9.00 purchase)

$63.11 – Yankee Candle Company (GP household purchase)

Other Purchase: $107.41

Total Spent: $139.89

$16.27 – Target (Lara & Jimmy prescriptions)

$202.00 – Progress Energy

 

Pending Bills being paid

These are bills I have scheduled that haven’t drafted.

$180.00 – Regional Acceptance – funds set aside for March Payment for Silver

$100.00 – Dad, repayment of Progress bill from Dec. & Payment of Tax Filing

$232.42 – State Farm, Auto Draft 02/28

Not terrible Week 1 – my paycheck was deposited in the midst of all of this as well, $686.75 – really annoyed that 55.0 hrs. of work was so low now that my insurance is being deducted.  So now I really know we have to very careful with our spending.  Focusing largely on the bills right now, making sure everything is up to date.  Though I know once this project is over we’re going to end-up behind once again – thus the reason for the savings, will transfer another $500 to our Merrill account next payday.

Speaking of the Merrill Account, the $500.00 I put was used to purchase 1 piece of Apple Stock – it’s a mutual fund/stock account – not sure how to distribute the rest of the funds so that the money can work for us vs. just sitting in cash – we already own 2 GE Stocks and 1 in Microsoft.  Thoughts?

Well that’s all from us for now! Will report back in next week with Week 2!  Time to be accountable again.

 

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!