Financially
speaking, February was a really good
month for us! I had some overtime on my
paycheck to start the month off with and easily paid all of our monthly
expenses ahead of their due dates. Our
power bill was much lower than the one we had for January the previous year and
that made a huge difference as well. I
actually did a happy dance when I received that. So far our electric bill has stayed well
below $200 this winter, sure couldn't say that last year, and I expect it to
only get lower as we head further into the year. Hurrah!
For groceries I did
really well in February. I was able to
get some really good prices on produce and meat finding lots of good markdown
items as well as great sales. I stocked
up on steak as well as ground pork and sausage.
At the end of the month I had some extra money leftover so I set it
aside for March's grocery budget and when a great price on pot roast showed up
at the end of the month I was able to use some of that money to stock up on
that as well.
In January I had
prepared my income tax refund and got it filed by the end of the month. On February 22 I received both my state and
federal refund deposited right into my checking account. First think I did was transfer the amount I
wanted to add to my savings account and emergency fund as well as an additional
amount to complete my latest financial goal.
Laverne is PAID
OFF! I had paid myself back for
everything but the amounts I'd spent on updates and supplies by the end of
January so when I received my tax refund I added that amount back into my
savings as well. I no longer owe myself
any money for what I've spent on my motorhome!
Yipeeeee!
Even after all of
that I still have money left. I'm going
to sit down when I have a spare moment to decide what I'm going to do with
that. With February as a short month
I'll be starting March off with a paycheck minus a couple of days on it so I
might give myself a break and just use it to make up the difference. That is one nice thing about getting your tax
refund in February.
So there you have
it. A financially fantastic
February! Say that fast three times!
Congratulations on the successful month and paying off Laverne!
ReplyDeleteThank you Anne!
DeleteGOOD FOR YOU... proud of ya, girl!
ReplyDeleteI wish our trailer was paid off. However, Husband said this morning that he'd noticed we were starting to make progress on the loan. I mentioned that not only was I paying $50 extra each month -- but I'd followed your plan of making the loan payment early in the month to save interest. He agreed!!!
And this is the same man who pooh-poohed my 'pay early' plan when I started doing it a year ago...
Thanks Cindy!
DeleteIt is amazing what a difference it makes isn't it?
We have spent about the same on food even with two more mouths to feed. Both sons brought the food back home from their apartments when they returned and we have been eating it.
ReplyDeleteThe electric bill was $50 more! We weren't expecting that since we stopped heating the basement but opened up my sons' bedroom. We thought it would be the same. We figured the difference was because we stopped using the wood stove in the basement. My husband has decided to use the wood stove more and let the guys chop and haul the wood. I warned him the hard work will only make them hungrier.
Jeannie @ GetMeToTheCountry
Boy that's the truth. The more they work the more they eat! Ha!
Delete...and eat...and eat...and eat....
DeleteLOL. Yup!
DeleteWoohoo! Excellent, Laverne is done! Good job and congratulations :)
ReplyDeleteD.
Thank you so much! :)
DeleteCongrats on paying off Laverne. Great Job
ReplyDeleteEnjoy, Janie
Thank you Janie. It feels really nice to have that money back in my savings account.
Delete