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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.

Darn colds, and a payday update.

October 7th, 2009 at 04:07 am

Well I caught a cold Sunday night. Been fighting it off the past 2 days with aspirin and Airborne. I always get sick as temps change. I am still in on Fern's heat challenge even though its been cold in here. My heat tried to kick on once but turned it off. I also had some strange
electrical troubles in my house the past couple of weeks. I finally got ahold of the electric company today and they sent a guy out that I think fixed the problem. There were some old wires outside the house that were pretty much shot and were overheating.
My nephew who is 36 years old had a stroke last week. It was very strange but good news because he recovered right away. They said he has a hole in his heart and it got plugged up or something so now he will have to take blood thinners the rest of his life. I'm just glad that it wasn't worse.

This past Thursday was payday. This was what I consider my extra check so I divided it up a little different than usual and tried to be as thoughtful about it as possible.

I put $20 towards the extra Principal on my mortgage. That will actually mean that I will pay about $140 or so extra this month.

I finished paying myself back ($100)for the last car repair that I had.

I'm putting $200 into my vacation fund.

Putting $100 in my 2010 IRA account.

Used $20 to buy a black ink catridge for my printer.

Leaving $110 in my checking for the cushion and upcomming dental bills.

And that left me with just my regular spending money.

Posted in Uncategorized | 5 Comments »

5 Responses to “Darn colds, and a payday update.”

LuxLiving Says:
October 7th, 2009 at 11:46 am 1254915999
1254915999

Nice way to allocate that extra check money!
HouseHopeful Says:
October 7th, 2009 at 12:09 pm 1254917379
1254917379

Sounds like you have a great plan for that money! Sorry to hear about your nephew, I hope he recovers quickly.
creditcardfree Says:
October 7th, 2009 at 01:58 pm 1254923924
1254923924

Great job getting that car repair paid back!!
Analise Says:
October 7th, 2009 at 04:02 pm 1254931354
1254931354

It's great that you will have your mortgage paid off at a relatively "young" age... well before retirement, anyway. I saw on your sidebar that you will do this in about 3 years and you are on track.
Patrick Says:
October 7th, 2009 at 04:35 pm 1254933313
1254933313

Thanks everyone for the kind comments.

Analise. I'm not as good at figuring these things down to the exact penny or time period like most of you are. But yes paying off my mortgage is going as planned and I think it will be done in more like 2 years. So I'll be 48 and a long way from retiring.

Creditcardfree. It feels good to catch back up but unfortunately as soon as I catch up something else goes wrong. I guess its that Murphey that everyone talks about.

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The Toyguy's Blog

Chugging along at a snail's pace.

Darn colds, and a payday update.

5 Responses to “Darn colds, and a payday update.”

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