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Fiscal Doings

May 3rd, 2014 at 01:19 pm

**For the first of the month I received $19 in bank interest and $100 in credit card rewards. ($50 for ROTH and $50 cash; two different cards).

**I am taking care of some fiscal chores. I finally got around to making sure I was set up as secondary custodian on kids' investment accounts. I was mostly concerned about those (real $$$). Though I guess I should look into getting dh set up as secondary custodian on their savings accounts.

**Got my first Ting bill ever! We signed up right after Thanksgiving? First 4 months were entirely free. For April, we were charged about $10. $5 of that is for our household.

Next month we will likely pay a full $26 for our half of the bill. That has been our consistent monthly usage.

**I plan to open Chase checking account this weekend. That will be a $200 reward earned in something like 10 days.

I am not sure what I will do with this reward. Might just set it aside for vacation/kitty hotel, though I don't know if that is necessary. Otherwise, will probably invest the $200. We are diverting our snowflakes into an investment account, starting this month.

**I opened a new investment account this week, for my current year raise and to divert all snowflakes to. The purpose is a supplementary unemployment fund, college savings, and mortgage paydown/retirement. Gives us a little more liquidity and flexibility for the first two purposes, but mostly expect to use it for retirement or mortgage payoff, eventually.

No firm decisions yet. If things go well we may do 50/50 mortgage paydown/investing. I think that is probably where we will eventually end up.

I guess we are all backwards. When we graduated college the IRA contribution limits were a mere $2,000 per person. But we were saving 50%+ of our income. We started out with much more money in taxable savings and investments than we could possibly put away into tax-deferred accounts. Over the years that has shifted and we have certainly tried to be very tax efficient. In the past we have also done the complete opposite. We were saving too much into retirement, but funded ROTHs anyway knowing that we can use that money for college and so on. IT ebbs and flows.

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**I think last year was a dud on the "vacation lifestyle" front, but this year is shaping up pretty nicely.

Had a few loose vacation plans fall through. (Yellowstone wedding is postponed for a year or two; National Parks don't seem to be in the cards for us).

But, several other things popped up in the meantime. Most of them involve free hotel stays and driving, and so I think I can leave most the vacation budget intact for my plans to visit my sister in Ohio in the fall. Other than that, we have a short trip planned every month for the rest of the year. The Northern California coast, the Southern California coast, Napa, Tahoe, etc.

MIL invited us to Disney. I feel a little bad for her. She wanted to do something nice for us. We could really care less about going to Disney. Even moreso though with the summer offer - hot and crowded! (Even our kids don't want to go. What did we do to our kids??? Big Grin ). I might regret it, but we are giving it a go. Trying to compromise with Lego Land, which the kids are excited about.

5 Responses to “Fiscal Doings”

  1. ceejay74 Says:

    I'm hoping I never go to Disneyland. Is there an opposite thing to a bucket list? Big Grin

  2. MonkeyMama Says:

    LOL.

    I like Disney, but we live close enough and have family in Orlando, so we have all been one million times. I do also think the price has gotten ridiculous the past decade or so, which lends to our feelings about the whole thing.

    I do feel better that we aren't the only ones who would be "meh" on this whole very generous offer.

  3. FrugalTexan75 Says:

    What about Knotsberry Farms instead of Disneyland? It's in the same vicinity, although I'm not sure if it has the same number of rides. Or Universal Studios?

  4. CB in the City Says:

    My grandchildren recently went to Lego Land, and they loved it! They are 8 and 5, which seems to be about the right age for it.

  5. Looking Forward Says:

    I love Disney (we all do here in our house!) but I know we'd all pass on a trip in the summer.. Yucky I think.

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