1. My own homework: made up an Income/Expense schedule for DH’s pay periods based on what I project his take home to be. It’ll be tight, but better than going backward. 2. Landed a child-transport job. It’s not much- $200 a month for about 15 hours of work…and it is all concentrated in the mornings.
Larry hit us a few times this week. We found a leak near a window we are fixing ourselves. Our fridge is dying but we seen that coming. So, that should all be no major deal. No emergency fund needed. Woohoo !!! I am working on a outline budget through Jan. We have a few
Although we do have cheap blue tarps everywhere. You know you’re a VS redneck when you have a budget line item and/or sinking fund for yearly replacement cost of cheap blue tarps. Even cheap blue tarps get expensive if you use a lot of ’em. Bet that car didn’t cost much though. Maybe that’s where
I’ve not paid much attention to how things are being taught these days. Apparently a lot has changed in 30 years. I saw this article and wondered whether anyone in the blog has kids participating in this method of teaching, and what they think of it: http://www.csmonitor.com/USA/Education/2013/0814/Is-your-student-competent-A-new-education-yardstick-takes-the-measure This actually may have a lot to do
that for some reason saved all her reimbursement checks over the course of like 4 years and when she was leaving the firm, wanted to cash them. I think we told her No and had to re-issue 1 check for all the amounts. This is why I impose direct deposit on as many items as
One of the board members would hold checks and give them to his assistant to deposit maybe a couple times a year. The bank (don’t know if it was his or or the company’s) wouldn’t cash anything over six months old, so his assistant would have to ask us to replace the old checks. This
I think if an account has a requirement for two signatures (and maybe other specifics) they are handled manually. Our fire district has a two-signature requirement and the bank does catch checks that aren’t signed by two board members. (The check gets cashed when someone deposits it, but one of our board has to go
I used to work for a mortgage company in the Los Angeles area. We made second mortgages. Firsts were going for about 13 – 14% and our seconds were 18 – 21% depending on the borrower’s credit rating. We had one investor (that’s where we got the money to loan) who would save up all
They were told that in order to GUARANTEE the check wouldn’t be cashed, they had to put a stop payment on it. Of course that service had a fee. To make matters worse, the stop payment was only in effect for 6 months or a year. Then it would have to be renewed(with another fee).
but it depends on the bank and their policies how long a check is valid. We wrote a check once to a store that never cashed it. It’s a really long story but they didn’t cash it on purpose and then eventually lost the business to someone else. The new owner said it wasn’t in
He’ll just flat out lose them, or forget about them, or put off depositing them for whatever “reason” (one of the things we’re working on right now). You’d think that depositing a check would be simple and good news and happy and something to look forward to, but there’s a whole host of situations where
A bowler was complaining because the treasurer didn’t deposit her check for 2 or 3 weeks. I figured, as long as you had accounted for it in your check register(this was before Quicken), what’s the problem? But as far as why someone wouldn’t deposit it? They forgot about it, misplaced it, etc. Or they don’t
Well, because if we had a good handle on our finances, we wouldn’t need VS. But seriously. We’re not talking $800 rent checks here. We’re talking $2500-$3000 rent checks. So by the time they used to get around to cashing them, $6-9k or more was coming out at a time. Sure, in theory that shouldn’t
(stems from years ago, different landlord, who used to take up to 6 weeks to cash a check….) Walmart’s limit for MO’s is $1000 at a time, so I’ll just go get the MO twice a month instead of once a month. Does anyone know if Sam’s Club issues money orders? I ask because the
since you are paying the mortgage 1/2 out of each check—-make sure you put it somewhere it can’t be touched while waiting for the other check—or that could cause some big problems. I am just mentioning this because I know if my sister were to do this—her and hubby would have issues–as they tend to
Just make sure you have factored in groceries and misc. Personally, I try to stay a month ahead of the bills—so I get to the point where I can pay a bill–the minute it comes in. Of course, it took me time to be able to do this. Each pay period, I would pay what
I used to have to do that with my hubby’s check for our mortgage. Now I just know what bills get paid with what check. For us the mortgage gets it’s one check. The rest of the bills get paid with his other check.
There isn’t a lot of projected cushion for each check—(I’ll know better after the 1st one), so I have split up the checks so that X bills get paid from the 15th check and X bills get paid from the 30th check, and I’m taking 1/2 rent and 1/2 gas budget out of each check
I would cut back if I had a $500 water bill and if I used credit cards and bought unnecessary items I wouldn’t use a credit card nor would I buy those things with cash. I’m tight with buying however I buy. We aren’t in flood or tornado country but we are in earthquake area.
Getting 5% cash back is fine, except when someone spends 40% more on items they weren’t going to buy. How many people go to dinner and overspend? How many go shopping without a budget and overspend? If you spent $100 to get $5 back, you could have spent $90 and save the $10. Responsible people
it’s not necessarily about being lazy or complaining. I think it’s a loss of ‘hope’. There are many out there who truly don’t BELIEVE they will ever be without debt, payday loans or payments and they can’t see a way out. I’ve seen it several times with people who have attended the FPU Classes I’ve
I use them, pay them off monthly and have an excellent credit score.They are cash reward cards and while I’m told on here that isn’t wealth building and I agree, the amount that kicks over into my emergency fund is a happy thing for me. Coupon clipping isn’t wealth building either and buying something because
I have seen cases where the owner, was just a half owner of the property in the first place. If the property is titled to Mr. And Mrs. And you enter into contract with Mr… You just have partial claim. If Mr. Dies…Mrs. Retains her portion and if the property was willed to the other
local and federal interpretations so you would need to cover yourself on all levels. Insurance is state by state. You would also need to know if they in fact have a rep payee, or someone who has a POA for them—which is very likely at their age. It could really screw things up for you
I’m going to have to go back and really read up on all this. My understanding (granted, it’s several decades old now) was that lease to own was legally different from contract for deed, which was also different from, but not as much different, from a standard mortgage. I’m going to have to get current
which the owners of the farm Kathryn wants are. One of the ways the heirs could monkey wrench the entire deal is both the husband and wife are over 60-65 (depending on the state, that number can change). If one of the heirs decides they want more money, or the farm itself they can claim
The deeds were registered with the county clerk with both the buyer and the seller listed, just as with a mortgage. So the property was already in the process of being sold. The only thing that would nullify the contract was if one person or another went into default, and then the “wronged” party would
all that stuff was handled in the contract. Death, divorce, first right of refusal, the terms of the loan, liability, etc. The family was bound by the contract. I guess I’d be curious if Dave has seen instances where the contract had those details specified, and it didn’t hold up in court for some reason.