WithoutTheFezOn posted:

I’m most likely missing something in this thread but if dude actually has 5000/mo to put to debt payment it seems like it’d be not horrifically hard to get out of debt in about two years. Still kind of hosed for a 35 year old with a family but out of debt.

Simpsons Reference posted:

Some would go so far as to say it's over-moderated if you've seen what's been going on today. And you have a gift waiting, but still waiting on the delivery.

KYOON GRIFFEY JR posted:

bro you have sixty five grand of truck and rv debt this aint exactly The Grapes of Wrath here

Knyteguy posted:

Will do - YNAB doesn't rollover a negative category into the next month's category, it just rolls over negative spending into the next month as a whole.

I'm going to hold off on finishing August's budget until the last week of the month, but I'll add those columns.

Budget Update:


Notes:
- Credit cards will be paid off on July 30th. That spending is all budgeted for this month. I won't pay any interest here.
- Pets are good until next month.
- Groceries are good until next month. We just did our two week grocery trip two nights ago.
- Parenthesis in category name ($xxx) is the budget from the beginning of the month. Actual budget reflects the adjusted predicted amount.
- Thousand Trails: We're shored up on this for the next month or two. I want to sell it before dues become due again (they just went up on us). I'll be working on selling the membership after we move to the apartment.
- Tracking is updated with today's balances.
- Hidden category: We had a rollover from June (cigarettes or something I can't remember) so I pulled the $4.61 from that category.
- Went over with a car wash in the maintenance category (why I wanted to account for car washes moving forward). I'll roll that negative into next month from the auto category or discretionary.

Stuff we've learned so far this month:
- Stop buying snacks/drinks from mini-marts. poo poo's expensive. We can stretch our grocery budget much further by cutting that expense.
- The fuel budget needs to increase moving forward until we know what we need.
- Next month my goal is to work on spreading out spending more.

Any thoughts/things we should look out for?

Quick retirement Q:


My wife's 401k from her former employer through Prudential. I have no idea how these contribution %s were set up. The fees go up to 0.87%. Any changes needed? Is there anyway I can just move this to Vanguard? Should we?

Knyteguy posted:

I added this: But I was thinking about taking them to Guitar Center for a quote, at least.

Look it's 6:00am and I'm still waking up. I'll sell the loving drums to Guitar Center, but it's frustrating when I worked so hard for those drat things in particular. Sunk cost or whatever I guess.

SlyFrog posted:

Honestly, I would have prefered Zildjian, but when you're buying a drum set that the guy at the music store confirmed he sold two weeks ago for $3,000 for $1,000 because the dude wants to start some business and needs the money, you take the cymbals that come with it.

Of course, the reality is, I couldn't tell the difference in sound between Paiste and Zildjian if I tried - I think 15 year old me just thought the name was cooler and much like children do, decided to pick a side and think that Zildjian was much more badass.

Knyteguy posted:

It was a pro-rated amount for June's balance and an early termination fee yeah. They told me we were good to go without any bill since we bought the device up front when we started the plan, but who knows.

Yeah I don't want to kneecap the discretionary either. Unless goons are going to piss in the well then I'll eat it from our savings contribution just this time. We did cut discretionary $30 moving forward already, and I want to make sure we get used to sticking to a budget before we push too hard. I'll also work a little harder on getting some smaller stuff sold to help make it up.

Update:
I got the dirt bike running for like $85, but I think $50 of that can be returned as I didn't end up using it (if not I'll just throw it in as a sale sweetener, as it's general maintenance stuff). Started up the first kick.

Oh and also I guess we overestimated the move-in bill by ~$300 so we have a credit for our September's rent. Manager at apt will verify, but it looks that way right now.

So far we're looking at, as a budget difference summary for now and next month:
+ $1,000 - 3 paycheck month August
+ ~$300 - overpaid and overestimated rent/move in cost (90%, not 100% sure this will happen, mgr will verify)
+ $10 - talked Charter into giving us a $10 credit which cut the $65 bill to $55.
- $163 - AT&T
- $35 to $85 dirt bike repairs

e: fixed numbers added summary

Inept posted:

zaurg posted:

Get your head out of your rear end, Knyteguy.


btw I'm straight up pummeling personal finance into submission since selling my old albatross of a house 1 year ago. Net worth from 151k to 195k in the past year. Maybe your sale of that RV can help catapult you into... well wherever you want to be.

nikosoft posted:

Why do you have to buy a house?

KYOON GRIFFEY JR posted:

KG you consistently overestimate your own capabilities and underestimate costs. I hope you recognize this behavior and you also recognize that you are doing it right now.

Knyteguy posted:

Is there a chance everyone is projecting past me to current me? Factually past me would have that mortgage paperwork signed already.

Nocheez posted:

Are you confusing me with someone else? I'm in Dallas (for about another half hour).

Nocheez posted:

If you can't scrape 1k together to get your Roth IRA set up, lol at even considering buying a house.

n8r posted:

If you had a budget you could make cuts in other areas to pay for the rent increase. Luckily you don't have one so you don't have to make any changes to your lifestyle.