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 already

August 22nd, 2010 at 05:40 pm

Thursday was my payday. Its actually a little confusing cause I actually get my pay now direct deposited on Weds. But Thursday used to be payday so I stick with that. I usually go to the ATM machine on friday to take out my spending cash.
Just my weird way of thinking I guess.

From this pay after deducting my regular budgeted expenses and taking out $120 spending money:

- put $100 towards my extra mortgage pricipal instead of my usual $50. I will very soon pay my house off.

- Put $30 towards paying my new cable bill.

- put $10 to Travel Fund

- put $8 to my Antarctica Fund.

Nothing else much going on today. I am enjoying the new high speed internet. But its a bit of an internal conflict in my heart that it costs so much.
At the same time I was in need of making some personal improvements to myself and my home and my recent spending is helping me with that. Just need to keep some kind of balance.

Posted in Uncategorized | 1 Comments »

1 Responses to “Payday already”

Jerry Says:
August 27th, 2010 at 04:41 pm

I can see the appeal of faster internet, definitely. We want to upgrade, but the fact is that where we live it will likely lead to faster speeds, but still very unreliable service. If we had some insurance that the reliability would increase, too, we would spring for the extra cash each month in a heartbeat.
Jerry

The Toyguy's Blog

Chugging along at a snail's pace.

Payday already

1 Responses to “Payday already”

Leave a Reply