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About Me:

Patrick

Single male in Ohio born in 1963. I'm "the toyguy" because I work in the toy dept. of a large retail store.

2011 Goals:

- Pay myself back into my savings account the money that I used to pay off my mortgage.
- Put $3000 into a Traditional IRA again.
- Put $1000 into a Roth IRA.
- Add at least $2000 to my Antarctica fund.
- Add $400 to Emergency Fund (At end of 2010 I have $2526 in this fund)
- Put at least some money into my car fund. I have a car fund created at ING with about $25 in it but need to start saving for a future car purchase.
- Go to Scotland for a week in May for a ghost tour and stay a few days in New York city.
- Might have to have another expensive roof repair. Last year or so I had to have half the roof done and was very satisfied. But I think I have to have the rest of the roof done now.
- Take a short trip to New Orleans for Halloween.

2010 Goals:

X- Pay myself back for latest car repair (rear breaks)
X- Add $400 to my E-Fund
(Added $410)
X- Continue putting whatever money I can into IRA fund for 2010 and 2011.
X- Put $3000 into IRA for 2010
X- Have income taxes done before end of March
X- Continue paying at least $100 extra on Principal of my mortgage each month
X- Continue putting whatever extra I can afford into my Travel Fund
X- Have to call Tours of Terror to make arrangements for Ghost Tour in Scotland for next year.
X- Try to take a trip to west Virginia in Spring or early summer.
- Take a short trip to Phoenix Arizona if I can get very low cost tickets. (FAILED. Couldn't get cheap enough airfare)
X- Figure out exactly when I can pay off the rest of my mortgage. It might be this year or the end of next year.

"Lofty" 2010 Goals:

X- Pay off my house completely by November. This one is not so lofty cause I will be paying it off sometime regardless. November will be the absolute earliest though.
(Paid off end of October)
X- Start an Antarctica Fund and save at least $1000 in it. I want to go there someday but its very expensive and my Travel Fund alone will never be able to handle it. (Put in $1200)
- Put at least an extra $1000 into my 2010 IRA than stated above but put it into a Roth instead of a Traditional.
(Failed. Never got around to this one)

2009 Goals:
X- Pay myself back $344 for muffler repairs on my car from December of 08.
X- Add $400 to my E-Fund.
X- Continue saving for a total of $4000 for 2009 IRA.
X- Start saving for total of $3000 for 2010 IRA. (Saved $690)
X- Have my first ever yard sale when the weather starts getting nice this spring.
X- Try to take a real vacation around July or August possibly to Costa Rica.
X- Pay at least $100 extra per month to Mortgage principal. I plan to pay off my mortgage completely before the 20 year mark which is about 3 years from now.

2008 Goals:
- Continue using Quicken to keep my checking and other accounts in order.
- Save at least an additional $400 into my
E-Fund (DONE) which currently has $1,200 in it. My overall goal for E-Fund is $12,000.
- Slowly work on building up a car fund. (VERY SLOWLY)
- Save enough into Travel Fund to take a good vacation in October. (Saved enough money but cannot travel this year)
Save $4000 for 2009 IRA contribution.
- Continue my "Paper (clutter) Challenge"
- More to come as I think it over.

House Payment going up

August 27th, 2008 at 04:46 pm

Well not really the house payment itself. Thats pretty reasonable and at a fixed rate. But taxes and insurance and all those good things that are added to my mortgage are going through the roof.
The amount I pay just got raised for October by about 60 bucks.

Thats going to hurt the budget just a little. But not so bad. I was planning on adding more to my payment anyways so I can pay my house off a lot sooner. So that extra 60 just cuts into my plans a little. Taxes in general are going crazy around here and they always want more. I don't even mind paying taxes really at all. I just want them to be at a reasonable rate and I want to feel like we get our moneys worth from them.

Posted in Uncategorized | 6 Comments »

6 Responses to “House Payment going up”

dmontngrey Says:
August 27th, 2008 at 04:48 pm 1219855732
1219855732

Mine's going up too. At least $50 - can't remember now and the paperwork is at home. Escrow shortage.
toyguy1963 Says:
August 27th, 2008 at 06:06 pm 1219860387
1219860387

Yep thats what mine calls it too. Basically its from the city raising my taxes so much. They keep doing city improvements like new stop lights and a big new library and the problem is that i'm paying for it.

Thanks dmontngrey for the reply.
disneysteve Says:
August 28th, 2008 at 01:33 am 1219887192
1219887192

For some strange reason, we actually had an escrow overage on our last review and they lowered our payment. We've been in the house over 14 years and I don't think the payment has ever gone down before. I know it won't last, but I'll enjoy it while it does.
toyguy1963 Says:
August 28th, 2008 at 04:17 am 1219897049
1219897049

Thanks for the comment Steve. Mine has gone slightly down a few times but usually it goes at least a little up. And I think this time was the highest its ever been increased.

Yeah enjoy it going down while you can Steve.
cptacek Says:
August 28th, 2008 at 04:20 am 1219897209
1219897209

Hey, mine went down too! A whole $7!
toyguy1963 Says:
August 28th, 2008 at 05:16 am 1219900610
1219900610

Good going cptacek. Any decrease would be wonderful.

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The Toyguy's Blog

Chugging along at a snail's pace.

House Payment going up

6 Responses to “House Payment going up”

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