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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.

Credit increase

August 29th, 2009 at 03:42 pm

Got a letter from Chase that they raised my credit limit from $7000 to 10,000.

They really want me to spend some money.
It really doesn't matter cause I always charge basically the same things and pay them off when I get the bill.

Posted in Uncategorized | 7 Comments »

7 Responses to “Credit increase”

boomeyers Says:
August 30th, 2009 at 05:21 am 1251609664
1251609664

Wow!! I didn't realize they actually INCREASED credit limits. Just looking for the next sucker are'nt they?
Patrick (Toyguy 1963) Says:
August 30th, 2009 at 04:00 pm 1251648029
1251648029

Yeah but I may be dumb, but I'm not stupid. :-)
dmontngrey Says:
August 30th, 2009 at 08:04 pm 1251662642
1251662642

Hmmm... could be a good sign in the credit industry. They aren't going to raise anything for me, but I do have 4 cards with them. They've extended me plenty of credit across the board - I only use 2 regularly. One is grandfathered in with old terms of 5% gas/grocery/pharmacy.
At least a higher CL will just make your utilization look better. Nothing wrong with that at all!
Patrick (Toyguy 1963) Says:
August 30th, 2009 at 11:32 pm 1251675166
1251675166

Thanks dmontengrey. Yeah I think overall it is a good sign.
dmontngrey Says:
September 3rd, 2009 at 01:20 pm 1251984051
1251984051

Well whadda ya know, I was wrong! I just logged in and see that Chase bumped one of my accounts from $10000 to $13000. Interesting. The worst that card usually sees is around $1000 a month. More often than not lately, it's been under $400. Thanks Chase!
Patrick (Toyguy 1963) Says:
September 3rd, 2009 at 04:56 pm 1251996971
1251996971

Good for you dmontengrey. Maybe its the Credit cards version of a stimulus package that they are uping credit limits.
Patrick Says:
September 12th, 2009 at 03:56 am 1252727770
1252727770

Thanks Jerry. You are right that they could offer me the moon and I'll just stick to what I'm doing.

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The Toyguy's Blog

Chugging along at a snail's pace.

Credit increase

7 Responses to “Credit increase”

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