Thursday, August 13, 2015

40 ways we save money!

Figured I would switch it up today and instead of writing about net worth I'm going to write about ways the Old School family saves money.  Why only 40 ways?  Well this is actually the 40th post here at Old School Coinage!  Although we haven't exactly been frugal lately, I have a few tips on how to save some cash and help you hit your goals faster.  Without further ado...

40 ways to save some coinage
  1. No gym membership (run outside and do exercise videos inside)
  2. Only do DIY when we actually can do DIY (no plumbing for us)
  3. Work together on the budget (united we stand)
  4. No Cable or Satellite
  5. Not upgrading our phones every year, or two years...or three years
  6. Cash flowing instead of financing
  7. Starting a garden
  8. Doing basic house maintenance
  9. Regularly maintaining our cars
  10. Keeping our "starter" furniture
  11. Not following HGTV trends in decorations (they will just be outdated soon anyway)
  12. Buying used when needed
  13. Buying new when needed
  14. Not being cheap
  15. Splitting meals 
  16. Building a "starter home" and being content with what some consider a small house
  17. Being content
  18. Regularly talking about finance
  19. Regularly listening and consuming financial information
  20. Library
  21. Keeping the thermostat at a reasonable level (not super low or super high)
  22. Unplugging anything that isn't in use
  23. Using "walmart sacks" for garbage sacks in our bathroom trash cans
  24. Costco
  25. Not going overboard at Costco
  26. Having a grocery plan
  27. Having a budget
  28. Having one bank account with my spouse
  29. Paying extra on our mortgage
  30. Having similar goals and dreams (our family works together)
  31. Making my own coffee every morning (tastes better anyway)
  32. Putting our bills on auto pilot (no late fees this way)
  33. Car Pooling
  34. Not making unnecessary trips
  35. Paid off the car asap (not getting another car loan, ever!)
  36. Paid off the student loans asap
  37. Not hiring a maid (for some reason a bunch of people in our area have been)
  38. Not going to movies and waiting to rent or for Netflix to pick up the movie
  39. Using LED lightbulbs
  40. Borrowing tools instead of buying (although I still like to buy:)
As you can see there are many generic things that we do on this list and some weird things we do on this list. We aren't the best at saving money and we really need to focus on trimming our outgo, but we keep trying!  The important thing for anyone is to remember to never give up.  You may have had a bad day yesterday, but today is a new one, so get out there and save some cash!

Old School Out


Sunday, August 9, 2015

Net Worth Update: July

So here we are again faithful readers, or whoever out there stumbled onto this website.  Maybe it's just people practicing their english?  Well jokes on them,cause my site is filled with fragments, run-ons, terrible jokes, and poorly written content!

But just in case you happen to still care what is going on in the Old School abode lets break out some numbers.

Mint says my current net worth is...

- $110,137.72

That is a difference of....

+ $4,077.22!

What up baby!  We blew July out of the water. I came in like a wrecking ball, um er, wait that doesn't mean what it used to mean.  Thanks a lot Cyrus.

How did we do it?  Well we did get a little bit of money in inheritance.  We also got paid from my summer job finally although now it is over and I am preparing to head back for another school year.

Here is a breakdown of our accounts...

1. Emergency Fund                  $6,809.67                                                                                               
2. Checking                              $410.21
3. Car Account                         $880.29
4. Chase Sapphire Preferred  - $743.76
5. Wife's Card                        - $0.00
6. Mortgage                           - $157,253.10
7. Wife's 401k                          $16,755.86
8. My Roth                               $507.57
9. My 403b                               $8,180.31
10. Wife's Car                           $9,222.00
11. My Car                               $2,500.00

   *It should be noted that the value on our vehicles is incorrect, and I need to adjust this...but you all know by this point where that lies on my list of priorities.  (If you didn't it lies right below visiting the dentist and right above going to the doctor).

We had a better month overall.  Currently our savings got boosted back up, but it will probably be in a state of flux over the next four years due to us cash flowing my masters program.  Student's gotta study!  (Man that sounded so much cooler in my head)

GOALS:

1. Read ten books before the end of the year: 3/10  I am currently still on 3/10 but that will change with August's review because I am nearing the end of a couple of books.  I will update this goal then.

2. Savings: Back up to 6k in the bizank!  But this will change as I have to pay tuition again, and then I get reimbursed pending grades, so this is going to be a roller coaster for a while. 

3. IMRF: Um yeah, still haven't done a dang thing here...maybe August?

4. Masters: Man, this summer has gone crazy fast.  I am almost done with two more classes and currently in a super hard class, so hopefully I do ok in that one.  Fingers crossed!

5. Devotions: More podcasts and more reading of my devotions have def changed my attitude.  I've got to keep this a top priority in my life.

6. Blog Posting: Another one down, I'm going to stay on top of this as best I can.  I will get tired ocassionaly from all the paper writing, so it seems that the last thing I want to do is write some more.  I also know that if I keep writing it keeps me focused and disciplined and this is a good thing.  Welp, see you guys later.

School is almost back in session!