The American Dream











{January 18, 2011}   Modification Woes

Way way wayyyyyy back in November I started the mortgage modification process with the bank. Okay, I guess it has only been 2 months. But i am PUMPED about reducing our overall monthly recurring bills so we can KICK ASS on paying off our debt. I am very anxious to get a lower mortgage payment since that is our single largest money suck. I HATE being in debt and for sooooo0o long it has felt like we were not getting anywhere. But now i can actually start to see the light. THE END IS NEAR!!! I do not have an exact date. Our cash flow is too tight to be able to commit to anything more than minimum payments at this point. Hence the eagerness to lower our mortgage payment so I can throw that money towards the credit card debt.

After paying off more than $50,000 in credit card debt, here is where we are 4 years later:

  • CC1:   14,350
  • CC2:   6,325
  • CC3:   1,025
  • CC4:   4,910
  • CC5:   390
  • CC6:   485
  • CC7:   515
  • CC8:   520
  • CC9:   5,225
  • CC10:   4,150
  • Total CC’s:   37,895
  • Family: 10,000

By the end of the year, 5 credit cards will be completely paid off and the cumulative remaining balance less than $25,000 if i continue making only minimum payments. Its astonishing to see how much debt remains after paying off so much for so long. Its quite a painful look at the reality of the mess we got ourselves into. Two of the credit cards were used exclusively to purchase equipment for the business, so at least there was a return value. Still…. yikes.

So when i called today to follow up on the progress of our loan modification, and was asked to provide YET MORE RECORDS, naturally i was deflated. I was hoping that i would finally hear that our file is in the final review. That they will be making a recommendation soon. But no. I’m not kidding folks; I have already faxed over 1,000 pages of records. I keep them all in a special pile (ya, i know) on the corner of the desk since it doesn’t fit in a folder anymore. I have sent them 4.5″ worth of my financial life. and they still request MORE. What more can there possibly be???

ugh. maybe this will be the final ticket…



{January 17, 2011}   Verrrrrry Productive Weekend

Last week I did some investigating on ideas to organize mail and clutter. Also ran across some articles debating “cleaning” vs. “organinzing”. This really got me thinking. All these years I thought i was organized. Turns out that was only half true. I didn’t truly have a system in place to deal with incoming mail, receipts, unpaid bills, etc. It all went into a pile on the counter and once or twice a week went with the laundry upstairs where it joined another existing pile. Then once in a while it would get sorted through and paid/entered/filed.

So, ladies and gentleman, let me tell you about my new system! I was pumped after i received my new basket in the mail on Friday afternoon. I immediately put in my folders labeled: Bills due by the 15th; Bills due by the 30th; Bills due (for those bills i’m not sure when they can get paid); Reciepts; To File; To Enter/To Do. It looked great! But only took up a small portion of the basket.

I decided it would look best and be the most functional on the catch-all counter. *Admit it, you have one in your house too!* Our catch all counter is about 4 feet long and this is where we (previously) piled mail & papers, charged the phone, stored the cookbooks, charger for my MFR radio, charger for the cordless landline phone, kleenex box, etc. Quite the smorgasbord of stuff.

Then, on the main counter under the phone with the answering machine is where i kept the message pad. On the wall under the phone was a wood mailslot box type thing. In that i kept deposit slips, stamps, pens, letter opener, customer phone list. 

Then i had a brain fart. I can put all that stuff in my new basket! So now everything is in ONE place. When it’s time to pay bills or create invoices or work on anything financially, i can just grab the basket and head to the computer. Now I can pay bills every other week without worrying about being late. I send invoices to our customers every other week in the winter, so that information can just accumulate until I’m ready to work. It’s perfect!!! :)

So far, it seems to be working perfectly. I bring in the mail, toss the garbage, and sort into the proper folder. No more piles. And i know where to find it when i’m ready to deal with it. My counters are less cluttered alogether and I took down the ridiculous mailslot thingy. Cookbooks that didn’t fit on the shelves went into the cupboard. A nice plant is hiding cords to chargers. I also installed the under-the-counter radio/TV i got for Christmas. Except for a fresh paint job, my kitchen is nearly perfect!

Sunday I spent the day in the ER on my clinical rotation. It was….. not what i expected. I was really looking forward to it. It wasn’t horrible, but it’s definatly not in my career path anymore. The nurses and doctor were very unfriendly. The triage staff were grumpy. I was made to feel like i was in everybody’s way and unwelcome.

I guess I was expecting a tour of how the system works from admitting the patient, to triage, to the actual care of the patient based on their chief complaint and assessment findings. Since I’m an EMT student, I anticipated them explaining how the hospital works and what I can do in the field to make their job easier or better for the patient.

Nothing. Nada. Zip.

I got there about 7:30 am and there was only one patient, so it’s not as though they were busy. All the nurses huddled together and complained about how overworked they were. The doctor – I have no idea where she was half the day. The triage crew were the best. Grumpy, but asking me to help them and explaining what I could do to help. Any time I tried to ask questions, I was either ignored or was given an answer – with attitude. There was one lady there who sat at a desk the whole time. Her scrubs were a different color, so i asked her what her job was. She said “everything” (with flair), and turned to the nurses to bitch about discuss the schedule for the day. I still have no idea what her title is or what her job is.

An ER tech arrived at about 3:00 and he was very nice. He explained to me what his job is, what is required to get the job, and the salary range (which is not very much). The nurses treated him like crap too. But, he was very upbeat and genuinely enjoyed his job. My rotation was over at promptly 4:00 when the next student arrived. Apparently 2 students at once is especially frowned upon.

ugh. Next clinical i will try at another hospital. Maybe it was just a bad experience.



{January 12, 2011}   Getting Organized

After much research and thought, I’ve settled on a “solution” to my paper clutter piles. When i bring the mail in, i immediately go through it and throw away the junk. Then everything is piled up and thrown in a pile on the counter. But now, i will set up folders to sort the mail into, and they will live peacefully in this pretty basket on my kitchen counter until i do something with them.

The folders will be labeled:

  • Bills to be paid by the 15th
  • Bills to be paid by the 30th
  • Receipts
  • To Do
  • To File

So as paper comes in the door, it is sorted and kept off the counter. I also like this system because it should help pay the bills on time. Even if I only get around to the basket once a week or every other week, I can easily find the bills that are due and get them paid on time without having to re-sort through everything. And? When hubby empties his pockets and leaves it in a pile on the counter, i can quickly sort out the receipts that need to be kept but don’t have time to handle into the appropriate folder until i’m ready.

I am very excited about this new system! Can’t wait for the basket to arrive from Amazon. It was only $16 and i already have the file folders and labels. I just can’t decide if I should color-code the files to correspond with my file cabinet, or keep them all the same color for aesthetic purposes…. hmmmm…..



{January 6, 2011}   Punch 2011 in the face!

Sooooo…….. Remember those goals i posted before the end of the year? Remember how i said i had 4 (paid!) days off from work for a total of 8 days at home (including the weekends)?

ya……. not so productive.

Here’s the original list, and what actually got accomplished in brackets:

  1. File away this pitiful year  [got a good head start... just didn't make it into a box yet]
  2. Re-organize my home office and filing system [nope]
  3. Re-organize how i handle unpaid bills. Any ideas? For now, mail is opened, looked at, thrown in a pile and shipped upstairs to form a new pile on the desk where it sits until i either a) pay and file it or b) get a late notice, dig it out, pay and file it. I’m thinking it’s not such a good system [nope... and i need ideas!]
  4. Button up my 2011 Budget [yes! lookin gooooood!]
  5. Get way ahead on EMT homework [finished what had to be done at midnight before class the next day... not so good]
  6. Get MFR stuff organized (payroll, PCR’s, Schedule) [not so much. did get some performance charts/attendance charts posted though]
  7. Work on MFR training for 2011 [nope]
  8. Work on Truck Book for Ambulance [ha. nope]
  9. Make and freeze lots of lunches/dinners [made some (burnt) hamburger helper while rushing to finish EMT homework. i'm not counting it]
  10. Clean house top to bottom [ha! i got the Christmas tree down and that's it]

So, am i a complete and utter failure?

Truth be told, my time off was not consumed by sipping tea on the couch watching movies. I spent a lot of time out and about with my hubby. That was really fun and really rare. He is a very busy guy and it was nice to spend time with him not really doing anything. I/we also spent a good amount of time with our families – at their homes. Can’t complain about that. Good quality time with the fam is priceless. I’ll clear my schedule any day for them.

So, that said, i’ve decided to make my list a goal for the month of January. Perhaps that’s a little more reasonable. I am pretty stoked about wanting to get organized. Seriously need some ideas though. At work i am the most organized, cleanest person you’d ever met. At home – not so much. Perhaps i’m just lacking the proper tools. Some file cabinets, folders, paper trays should/might/hopefully help the problem.

I am geared up and ready to kick some ass this year. *ahem* My goals for 2011:

  1. Pay off dump truck. (Okay so it’s already scheduled to be paid off. I need a win here so go with it, k?)
  2. Pay off 3 credit cards. (Since 3 of them have a balance of approx $500 this is toooootally do-able)
  3. Establish an E-fund. (Yup – had em, used em, had em, used em. Goal is to put the money in and KEEP it there0
  4. Establish savings for: Christmas, Health, Rainy Day. And set it up to contribute automatically. I use ING Direct so this is the easiest thing in the world. Just need to do it. And not “borrow” from it.
  5. Lose some weight. Specific numbers and/or plans seem to have the opposite effect. So, let’s just keep it vague and any victory will be a win!
  6.              a) commit to making healthier meals
  7.              b) get a complete physical
  8.              c) work out at least 1 day a week at the fire hall
  9. Paint the downstairs and decorate. We’ve been there 10 years. It’s about time.
  10. Might as well make it an even 10. Get back into taking lots of pictures and scrapbooking. Now that i have a cricut, i have nothing to do with it! :(

I’ve heard once that writing down your goals increases the liklihood off accomplishing them. Well there you have it. Dear 2011: watch your back cuz this year is mine!



{December 22, 2010}  

Okay. I have my final list of items that need to be purchased and wrapped for Christmas. I have my paycheck (and bonus!) ready to go to the bank. There will be enough left to pay the electric bill and cell phone bills that are due this week.

I’m ready to fight the crowds to get those last few items. Next year: Save ahead!



{December 21, 2010}   Merry Almost Christmas

Much to my chagrin, it looks like I will be finishing my Christmas shopping on Christmas Eve this year. Ugh. Fortunately, I will be receiving a small bonus from my employer this year. That helps alleviate the sting. And I will be enjoying 4 PAID days off the week following Christmas.

The week off will give me ample opportunity to declutter my mind and home. Things I would like to accomplish during my time off:

  1. File away this pitiful year
  2. Re-organize my home office and filing system
  3. Re-organize how i handle unpaid bills. Any ideas? For now, mail is opened, looked at, thrown in a pile and shipped upstairs to form a new pile on the desk where it sits until i either a) pay and file it or b) get a late notice, dig it out, pay and file it. I’m thinking it’s not such a good system :(
  4. Button up my 2011 Budget
  5. Get way ahead on EMT homework
  6. Get MFR stuff organized (payroll, PCR’s, Schedule)
  7. Work on MFR training for 2011
  8. Work on Truck Book for Ambulance
  9. Make and freeze lots of lunches/dinners
  10. Clean house top to bottom
    Here’s to hoping i get it all accomplished… Cheers!


{December 20, 2010}   Goals for the New Year

2010 is going to be a photo finish. We will be starting the new year with lots of remaining debt. HOWEVER, the snow plowing revenue has been progressing nicely. January should be a good month to get ourselves at least current with our creditors.

Also, I have been working full time for 3 months now and it looks like that will stay steady. And my health insurance contribution has been reduced by $37/week, so that’s a little extra. The extra income from MFR runs adds about $150/month.  Since our cash flow will improve in the new year, I’ve been thinking of not only how to tackle our debts, but stash some cash for the leaner times.

My 2011 GAMEPLAN:

  1. Get current on all utility bills
  2. Get current on mortgage
  3. Set up automatic savings in ING Direct for things we need to save for (E-Fund, Christmas, Home Repairs, Vehicle Repairs, Health/Dental, Rainy Day) Weekly or Monthly? How much each category? All undetermined…
  4. Set up a snowball plan for credit card debt
  5. Set up a repayment plan for relatives who have loaned us money
  6. Snowball like hell
  7. Start contributing to Roth IRA
  8. Have cumulative savings of at least $2500

I hope these plans aren’t overly ambitious. The dump truck will be paid off in October next year. Some credit cards will be paid off this year, even if we only make the minimum payments. Barring any catastrophes and as long as we don’t incur new debt, this should be feasible. I’m afraid to get excited just yet.

We have not used credit cards in almost 5 years. We’ve been aggressively paying down debt for more than 4 years. We’ve rid ourselves of all toys, vacations, and extras for more than 4 years. I’m ready for the end. I’m ready to start seeing real progress. I’m ready to start answering the phone again. I’m totally geeked that it’s finally time to start thinking about how to handle our money rather than have our creditors dictate what we do with our money.

2011 here we come!



{December 16, 2010}   Where does the time go?

Christmas is in just over a week! Yikes! Where has the time gone?

I got my fire check in the mail yesterday. Deposited it this morning and am ready to go finish Christmas shopping. There are only a few items i need, but they are all higher ticket items. Hopefully i have enough $$…

Hubby has class tonight and i have a meeting at 9. Can’t go shopping until at least tomorrow i guess. I think i will work on Christmas cards and put up the tree. Yup, haven’t even done that yet! Usually, it’s done the weekend of Thanksgiving. I’m so thankful to be working full time and am really enjoying my EMT class, but Christmas is passing me by in a blur. I am sad that i am not taking the time to enjoy and celebrate the reason for the season.

The bank called and said they need more paperwork. Of course they do. I hate their game, but gotta play it i guess. Hubby suggested resending everything that they have required to date in one package. Not a bad idea. Then they can’t say they are missing portions of it. Like they always do. And? If you’re willing to stay on the phone long enough while they “look” for it, eventually they do. But then they just make up more stuff that they need.

Okay, getting a little more in the Christmas spirit! Off to make a list of card addresses!



{December 13, 2010}   Snow! Snow! Snow!

About 3am Saturday morning it started snowing. And it kept snowing all day. YAY!!! Hubby has been out working, coming home for quick meals, quick naps, and quick showers.

I turned in our rewards points for an Amazon gift card so i was able to get some online Christmas shopping done this weekend. Still don’t have a tree up though. Maybe tonight. Also need to work on sending Christmas cards. At least they are purchased, now just need to get them signed, addressed and mailed.

Life is good.



{December 10, 2010}   Spinning My Wheels

So hubby and I were going over some business stuff last night to see what the winter is going to look like. Looks like things will finally be going our way! Of course, all of this depends on the weather. But if we only consider the addition and losses of accounts, our winter sales should double from last year. YAY!!!!

Hubby went off to work in the barn and i pulled up the budget for 2011. With the expenses we have reduced already and guesstimating at a mortgage modification, we should finally land in the black at the end of most months. Of course we will have to continue to watch our spending and be diligent about setting aside money for the leaner months. I’ve decided NOT to let hubby in on that strategy. Money burns holes in his pockets and if he knows we have it he finds ”needs” to spend it on.

Though the future looks promising, it’s the getting there that gives me anxiety. Hubby put a lot of time and effort into landing new contracts. But that won’t pay off for months. I am taking a class to get my EMT license. But that won’t pay off for months. Don’t get me wrong, I’m not looking for immediate gratification. I know that hard work sometimes takes a while to pay off. I’m just saying the waiting is tough.

I’ve been dropping nuggets to the hubby lately about the need to start saving for retirement. I know, i know. We should have started this 10 years ago. Can’t change the past, but i can control what we do from here on. My employer does not offer any kind of retirement, so we are all on our own. I’m hesitant to pay a financial advisor at this point because we don’t have much to invest. And, as of today, I have nothing to invest so it doesn’t matter anyway. 

It’s so encouraging to be able to finally think about what to do with our money. For the past 4-5 years there was nothing to think about. Everything that came in went out immediately in the form of a payment. The only thing we had to think about was which bill was more important to pay first.

As though emerging from a deep, dark winter, i can finally see the sun rising. Can’t see the sun yet, but the skies are lighter and the sun is just over the horizon….



et cetera
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