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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.

Payday update.

September 6th, 2009 at 05:32 am

Thursday was payday and at least i'm writing it down on here sooner than I usually do.
After my regular budgeted amounts I put $50 towards extra Principal on my mortgage. I put $72 towards paying myself back for the last car I had done. I now still owe myself $160 for that.
Putting $10 towards 2010 IRA. And that leaves $11 extra thats just going to be cushion in my checking account.

I decided that starting next payday that I need to allow myself a little extra cash for some things that are not absolutely necessary but that i do need.
I tweeked my next budget already to free up about 20 bucks or so. The first thing I'm going to get with that extra is a small step ladder for about 18 bucks. Once I get caught up on these odd things I need then I'll put that extra back into the normal budget.

Another thing about my next payday that i'm not really happy about is that Wal Mart will not give me an actual paycheck anymore. I like getting a normal old fasioned paycheck with a paystub so I can do my finances the way I want to. But now we have to either have Direct deposit or a debit card. They wont even give a paystub anymore so you can keep track of hours and such. That I have to print from the internet. Ohhh well it will work out and I know many people love the direct deposit thing. I just really get P.o.ed
that they are making it so hard to keep track of my info. Plus they only told us about it this week and it starts on our next check. I signed up for the direct deposit yesterday.

On a completely unrelated note, I'm planning on going camping this monday night. Its only one night but i'm looking forward to it. Have a great holiday weekend everyone.

Posted in Uncategorized | 4 Comments »

4 Responses to “Payday update.”

Ima saver Says:
September 6th, 2009 at 07:21 pm 1252264892
1252264892

Have fun camping!!
creditcardfree Says:
September 6th, 2009 at 08:57 pm 1252270669
1252270669

I can't imagine getting a paycheck as a debit card...how would one pay a mortgage with that! I would think printing your paystub off the internet will provide you with the same information. That's how the military does it...all have to have direct deposit and paystubs are generally received online a week prior to payday.

Good luck adjusting!
Patrick (Toyguy 1963) Says:
September 7th, 2009 at 03:34 am 1252294491
1252294491

Thanks Ima. I always enjoy going camping even if its a short time.

Thanks for the comment Creditcardfree. Yeah I'm sure I'll adjust and I'll be able to print out the information. Its just more inconvenient for me.
I don't think very many people will choose the debit card.
dmontngrey Says:
September 7th, 2009 at 04:05 pm 1252339506
1252339506

I can't imagine life without direct deposit. I still get a pay stub though. I'd rather not and it goes straight in the shredder at work. DH is able to go online to view his paystub. I find that really handy and wish we could do that at my office. Our payroll provider just doesn't offer that right now.

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The Toyguy's Blog

Chugging along at a snail's pace.

Payday update.

4 Responses to “Payday update.”

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