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First 2014 Snowflakes

January 1st, 2014 at 07:51 am

Last I ruminated, I wasn't so sure what to do with mortgage snowflakes. For December I did not make a mortgage payment, so just abandoned snowflakes for the month.

BUT, we got a nice cash gift for Christmas and I was able to fund dh's ROTH with it. I was already leaning towards continuing mortgage snowflakes this year anyway. (IT just works the best psychologically, for us). I was just tempering that feeling with feeling like I should put a screech on all mortgage snowflakes until we got our ROTHs back in order. But as of right now the "screech" seems pretty unnecessary. (My ROTH will be funded with Feb. 1 paycheck, assuming nothing else BREAKS. & I do have until April 15th).

So... Snowflakes it is!

I didn't make the December mortgage payment - will pay it today. (Didn't need the interest deduction last year, so pushed it forward).

These are my December snowflakes (paid to mortgage in January):

$20 carpool saving**
$15 internet bill promo savings**

January snowflakes:

$20 carpool saving**
$15 internet bill promo savings**
$25 gas/grocery credit card reward (I just redeemed)
$180 Visa credit card reward^^

**I don't expect these savings to last forever, so am just making an expense "placeholder" with mortgage snowflakes.

^^On the last one, it's a 1% cash back on our CU visa that we receive every January. The amount is only so large this year because they had a 2% promo for a time. (Usually this reward is more like $60).

OF course, we just shifted those rewards from one card to the other. All this money would have gone to our Fidelity AmEx otherwise - those rewards go to my Fidelity ROTH. This just means the mortgage gets a boost because our credit union ran a nice promo. (All else being equal, Visa is accepted more places and I'd rather give the business to my credit union than a big bank).

Snowflakes 2014: $275

Unfortunately, not expecting to keep up THAT kind of momentum. But it's definitely a nice start to 2014.

4 Responses to “First 2014 Snowflakes”

  1. Petunia 100 Says:

    Am I reading this correctly? You paid your December mortgage payment 30 days late in order to push the interest into 2014? What about the late fee and the credit ding?

    Good job on the snowflakes. I hope your year is very flakey. :P

  2. monkeymama Says:

    I did not pay it late. The mortgage payment is due today. I just did not pay it before December 31 like I usually would have done. {& I have a 10-day grace period, so am not exactly cutting it close or anything}.

    If that is how it came across, then I am glad you clarified. I certainly do not advocate paying late penalties for *anything*.

    I hope my year is flakey too! Big Grin

  3. rob62521 Says:

    I wondered about the mortgage payment as well. Thanks for explaining.

  4. Ladya70 Says:

    Nice job with the flakes

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