Received $120 bank interest
Received $262 I Bond interest
Snowflakes to Investments:
--Redeemed $34 credit card rewards (cash back) from our grocery card
--Redeemed $71 cash back on Citi card
--Redeemed $9 cash back on dining out/gas card (used for groceries this month)
Other Snowflakes to Investments:
+ $5 Savings from Target Red Card (grocery purchases)
+ $38 investment dividends
TOTAL: $157 Snowflakes to Investments
Snowball to Savings/Investments:
+$1,200 MH Income
Savings (from my paycheck):
+$ 450 to investments
+$1,000 to cash (mid-term savings)
Pulled from mid-term savings:
-$1,650 Back Fence Replacement
-$ 300 Kids' Car Repairs (amount over annual budget)
-$ 185 MH Purchase
Short-Term Savings (for non-monthly expenses within the year):
+$1,500 to cash
-$ 800 Kids' Car Repairs
-$ 80 Computer Backup Fee (annual)
TOTAL: $2,622 Deposited to Cash & Investments
Hybrid Miles Driven: 820
Fuel Costs: $22 Electricity + $30 (Gas)
(assumed 50 miles & 14 KwH per full charge)
MH drove my car to pick up DL(18) when he had the ER emergency (90 miles away). It wasn't that much of an emergency, but at the time we thought he might make it back to Urgent Care before closing, if he didn't have to stop.
I briefly considered this an EV failure. But then decided that's dumb. The only reason MH's car wasn't charged up is because I charge my hybrid on most weeknights. If we had only EVs, it should be pretty simple to keep (at least one) fully charged for an emergency.
Electric (EV) Miles Driven: 1,938
Fuel Costs: $31 (home) & $44 (Out)
(assumed 300 miles & 60 KwH per full charge)
We did 150 miles of free charging this month. Charged once at the in-laws' house.
High miles = 4 round trips to Tahoe (DL's job) and one college pick up (600 miles round trip). & then I gave MM(20) $30 for gas when he drove DL back to work once. Oh, and one of those trips was our own camping trip. The rest were more practical getting DL to/from work. (We only used public chargers for the college trip. We stopped to charge once each way, while eating a meal.)
I expect more of the same for rest of summer. Less crazy driving this month (July) but MH is planning to go to the college town to help MM(20) move some things at some point this summer. & we are planning one or two LA trips. August will be crazy on the miles front.
Note: I just looked up electric bill re: increased summer pricing. We pay a lot more for electricity during summer months but our rates are only up 2% over last summer.
Note: I am always lagging a month behind because any bills charged in May will be paid off June 1 and reflected in my June numbers. I charge in one month and the next month I figure out how to pay for everything (if I need to pull anything from savings). So this update reflects May spending & June savings.
I Bond interest is down because done with the ~10% rate. Will get ~7% for the rest of the year.
I totally forgot to mention in my last monthly update. I am saving ~$1,200 taxes with the ortho expenses this year. To front load that money and to help cash flow the ortho expenses, I changed my withholding the rest of the year. I lowered my tax withholding by $200/month and am parking that $200 into investments. I expect this to just be a short term boost.
June was a little less "death by a thousand cuts". I've already mentioned that the kids' car needed a new starter. Our forever mechanic was too booked up and referred us to a much more expensive mechanic. In addition, they found some leaks and things, which gives me the impression that they aren't as conservative as our mechanic. (100%, nothing is leaking from the car onto the ground). Who knows. As I told MH when we dropped off the car, "When you have a problem and have to have your car towed, it's not one of those times you get warm and fuzzy feelings about a mechanic." But I've learned over the years that we like to hire more conservative people for various things (if it ain't broke, why fix it). Considering the high price and the fact that our forever mechanic didn't mention these things (they had our car twice in recent months)... I will add it to my list to find another car gas mechanic too. & it's just going to be hit and miss, in the meantime. Sometimes forever mechanic can fit us in and fix the car the same day (by far my first choice, even if we have to wait a few days). But sometimes they are just too booked up.
It is what it is. I am not too put out about it. Thank goodness we've had people like our forever dentists and forever mechanics (one in each city) during our teens, 20s, 30s. At this point in our life with a seven figure net worth and kids almost out of the nest... It's not a huge deal to pay a little more for some of these things. I certainly could have not afforded this new mechanic myself, through most of my teens and 20s. With our older cars that generally needed more work. But today it's kind of moot. Was looking for an EV mechanic anyway. So will just add it to my list to find a gas mechanic too. It just might take a while to find the mix of quality and affordability that we are used to.
We made out pretty well with the fence replacement. We got a quote end of 2017. I believe it was in the range of $1,400. None of our neighbors were cooperating and MH did not want us to pay the whole thing. *sigh* Then everything got crazy and lumber prices skyrocketed, etc. I have been working with a fence company this whole time (my boss owns the company) but they are weird. It's complicated. Several things changed this year and I felt it was worth getting a quote from them.
So I was discussing with my boss and I think he gave me a rough quote of $2,100. Which was on the lower end (of average prices), but was for a licensed/insured contractor. Definitely a good deal. In the end, the quote they gave me was $1,650. It sounds like my boss told them to give me an even bigger discount, after we had talked. The fence is great and beautiful.
& I mean, our fence was falling down all over the place back in 2017. I am tired of my fence looking like crap, just because everyone else is in over their head with their giant mortgages. It was far past time. I don't know why but MH was *over it* this time. He was maybe regretting turning his nose up at $1,400 and then watching lumber prices skyrocket. Or he realizes that our neighbors are never going to help us.
I had wanted to pay for the fence in May, but they forgot to bill me. I waited a few weeks before I brought it up. As their accountant, I was hoping they would figure it out on their own, but they did not. So I guess that is also skewing my June numbers downwards. But I am not used to actually getting interest on savings accounts, so I suppose that worked out pretty well for me. I made a few extra dollars of interest, and had more time to replenish savings before I wrote that check.
I usually type up these posts the first of the month and then wait to see how MH's income and credit card rewards shake out. & car miles. So this all feels like a bajillion years ago at this point. I am just moving slowly.