baselle's Financial Diary

There was a super-cell of tornado activity in Wisconsin Thursday. 18 of them throughout the late morning and early afternoon. Looking at the map and the list of counties where the tornadoes hit, the activity was mostly far to the south and west of the farm. Sister figures that if anything, probably fallen branches. A couple of dad's friends in contact w/sis had mowed the lawn - if there was damage, they'd tell her. The farmhouse is shrouded in large trees, though. Plenty of possibility for minor damage, so sis is going out to investigate.

In honor of our family, a recipe for a frugal summer supper - open faced cheese, tomato and bacon sandwiches.

1. Set oven rack as high as you can, turn oven on to Broil.
2. Get out a clean, dry cookie sheet.
3. Lightly toast 6 pieces of bread, and set them singly on cookie sheet.
4. Set on each piece of toast one slice cheddar (or American) cheese.
5. Slice fresh, ripe slicing tomatoes into 1/4 in slices, thicker if you'd like. Put tomato slices onto cheese.
6. Cut raw bacon in half at its width so they fit on the bread. Break toothpicks in half.
7. Toothpick raw bacon firmly on top of the tomato. Plant the toothpicks deep; they have a tendancy to pop out if they're loose.
8. Broil until done. They don't take long; you want to prop up the door to watch and adjust if necessary.

They are done when: bacon is done and cheese is melted and bubbly, and both the toothpick ends and the edges of the toast are black. Best when hot.

Its not that icky a decision, just a bit of a dispiriting one. Normally I put a chunk of money in savings bonds automatically, and I'll do it this month. But with the credit card balance I decided to drop my savings bond buying by $200 and throw that into paying the credit card, along with the little raise. I figure I should be clear of credit card in 2 more months, unless I get yet another emergency. That might be a hint to actually use my emergency aka "kiss my a** fund" fund.

Hmmm. Maybe that's why I'm loathe to spend my emergency fund. Who wants to spend down a kiss my a** fund on just any old boring emergency that I can't actually say "kiss my a** at. So unsatisfying.

Spending log:
1.65 - coffee + 10.00 lunch + 20.00 cider and dinner with DH.

Saving log:
0 !

Agita or a good laugh? You decide.

So I was at the ATM machine, getting my standard two twenties. Someone left their ATM slip dangle from the slot. In the age of recycling and possible identity theft it rarely happens. I mean the slip was just hanging there. I was going to toss it, but just I had to look at the balance.

$10650.

15 years ago I would have written an envy-fueled "can I sleep with you?" note on the slip and then stuck it in a prominent ledge of the ATM for all to see. But now, armed with my financial knowledge, I realize the truth. How freaking dumb can you be for having $10,650 dollars in an 0.5% interest (at best) checking account?

Attended the company picnic. It had a Hawaiian theme and it was fun as these things go. Best of all, it was a free catered lunch.

Tip Box - $2; coffee - $1.65 + .35 change into their tip jar ... my version of the no spend day.

For the person who gave my journal 5 stars ... thanks mom!

Not much on the economic front. ING hiked up its interest rate, which works out to be a 0.01 more in interest/day. I talked with a woman who took me up on the ING invite. She noticed the increase in interest and was thinking on signing up her kids for ING savings accounts. I told her she should send them invites, because then she gets $10/each. She smiled and nodded. The wheels were turning and it was good to see.

Moved $450 of this paycheck into my bank savings account (the bank I have my checking account in). In about a week, the money in this savings account will go to buy an I-bond from Treasury Direct. Most my accounts are nested, like a series of buckets with controlled, budgeted leaks leaking into other buckets with higher interest rates. As long as I fill the inner bucket with my paycheck I'm all right. Just have to figure out when enough is enough.

Heard good work gossip at lunch, so lunch was a bit expensive. But you have to pay to play sometimes.

Spending log:
coffee - 1.65 (all change) + lunch - $11

Saving log:
Tip box - $2.

Put 4$ in the tip box, paid 300$ on the credit card. Ate a 5$ lunch.

Checked out my grocery flyers on the web for any deals. If I buy it regularly, and the prices are good, I put them in my price book too. Slim pickings this week, although there is a deal on frozen OJ, cottage cheese, sweet corn, nectarines. Sometimes you got to go and be there for the deals, if there are any. Cheapest gas here in Seattle is approaching 2.60; the expensive stuff is high 2.90s... $3 by the end of the week no doubt.

Bank is going to be the executor - that was in the executor of last resort in dad's will (will was so old that the executors named were dead) - and sister's lawyer is going to handle the legal affairs. Time to make calls to clarify the situation - who wants to be double billed? Papers are going to the lawyer and the bank is going to do a driveby to assess the farm.

Sister is getting wigged by this whole thing, I can just feel it. Sent a link to the ebookbuy site to her. (and their contact address is in Seattle) We've got boxes and bags of books. Might just as well clear the decks and get a couple of bucks at the same time.

Co workers, many of whom knew their stuff, are leaving for greener pastures in droves. I have a suspicion that I'll be doing something similar within a year.

Got $100 from DH for 1/2 of the two combined utility bills.

We have a bit of an odd system - we don't have a combined account, just two separate ones. Yeah I know, might just as well write up the divorce papers, dammit. It works for us because we both work, no kids, we don't have wildly divergent spending styles, and we've each saved each other's economic bacon over the years. And if I screw him over the utilities he can screw me over the rent. Mutual economic assured destruction (MEAD).

I also got a pay raise with my paycheck. Small but nice and better than a sharp stick in the eye. Save it eventually, but for the first couple of months I'm throwing it at the credit card. I was expecting to pay off my credit card balance in 4 months, but now with DH and this I think I can stretch my payment and get it down to 3 months, with the 3rd month very comfortable.

Got taken out to lunch so very nearly a no spend day.

Spending log - 1.65 - coffee

Saving log - 100$ payback + $48 raise

I like routines, especially now. It feels good to follow a weekend itinerary that I've had for years. Saturday is chase day - grocery and the errands that piled up over the week.

I have a couple of grocery stores and price book. I use a price book regularly but it really only guarantees that you won't completely get ripped off. Sometimes you need what you need, no matter the price, so the price book can depress you a bit. For example, today is 20% off produce day at the first grocery store - got a couple of good deals on some produce, but I thought I'd wait to buy a couple items at grocery store #2, where they were traditionally a little cheaper. Big mistake - the items were pricier by .20/ lb. Sigh. My sanity, time and DHs gas are precious. Buy only what you need and move on.

Mailed a couple of light boxes and got stamps. Gotta check on postal service rates - UPS is getting to be seriously, seriously spendy.

We went to a late afternoon matinee at the $3 movie theater and saw the Wild Parrots of Telegraph Hill. It made me cry at the end. Haven't seen a movie in months.

I made gazpacho and blue cheese potato salad. Should hold us for a few days. We graze from the refrigerator over the summer.

Spending log:
grocery stores - 22.48+6.64, mailing boxes - 26.46, movie - 3.00

Saving log: not a darn thing.

Monday payday!

Now that gas is approaching 3$/gallon I see a lot of new faces on the bus and a lot of crappy (yet highly entertaining) behavior. I, herein, list several principles that every new bus rider should know about to make their experience just a little better:

1. The less you lug on the bus the happier you will be. A bus is not a car with a big back seat, not an airplane without wings, not a youth hostel on wheels. You have a seat (if you're lucky and got on early!) and a lap. If your backpack is as big as you are, you'll have problems.
2. "Spy voice" on the cellphone. Enough said.
3. Bus driver knows his route and perhaps the connecting routes, along with a few well known intersections. He is not a telepathic GPS unit with feet and will not drive you to your door.
4. Bus driver is probably concentrating on the road; he might see the express bus behind him, then again, he might not.
5. People come off before you come on. When your turn comes, be sprightly when exiting.
6. Yelling "Back door!" is acceptable and fun.
7. If you want to try riding the bus to see if it agrees with you, try it on Friday. It's less crowded, with mainly the "hard core" commuter types. We know you're serious if you ride on Friday. Monday is the worst day, its full of dilettantes.

Spending:
Coffee - $1.65 + Lunch - $5 + Bubble tea - $3.25 + Electric bill $75.92 (grrr. usually that's about $60 this time of year)

Saving:
Tip Box - $3 + another DRP - $40

I had a hankering for good tasting diner food. Something so bad for you that its life affirming, in a weird sort of way. Unfortunately the open-faced hot turkey sandwich w/gravy didn't come cheap, at least as far as lunches go. Paid an office mate for a birthday pizza lunch.

Spending log:
Coffee - 1.65 + Lunch - 10.00 + Pizza lunch - 4.00 + Sewer/water - 121.00

Sent $35 to one of my DRPs to buy the better part of a share...
Saving log:
DRP - 35.00 + Tip Box - 2.00

Another office friend of mine, formerly a lawyer, offered some of his services as we're settling dad's estate. Mostly its going to be advice and implications of what I'm signing. We've been friends for years - I don't expect a bill.

Stuck 1$ in my savings tip box at work and made reverse change in the box (pulled out 5 ones and a 5 for a 10). Makes things much easier when I deposit the contents in the bank 2 blocks away. My tip box is opaque and in a locked drawer. It seems a bit dangerous to keep it at work but the bank is 2 blocks away and its useful for the surprise collections - birthdays, lunches and presents. Its nicer now to be in a small, quiet department in your job - you get hammered less for that sort of thing.

Found 12 cents on the floor of a bank that I don't bank at but cut through as a shortcut to my bus. Tee hee, I'm a bank robber. All I need's a mask.

Asked sister for to send me the savings bond so I can get it the online account. It must be a reaction to all the paper I touched, but I just love the online stuff. My dream would be to have a single sheet in a safety deposit box listing account numbers, assets, beneficiaries, passwords. Go to it, guys...

Spending log:

1.75 for coffee
6.50 for lunch

Saving log:
1.00 for tip box
.12 tip from Wells Fargo

Ugh, the credit line on the credit card bill is well over $600. Most of it from last week, but Sunday it was DHs birthday and we went out for dinner. Pay the card all next month or spread it out over several months? Decisions, decisions... I just hate to spend down my emergency fund (why? it was a real emergency!), so I'm gonna do the unprudent, non-perfect saver thing and revolve the credit a bit.

Pored over the mail. A utility bill from my landlord was calculated wrong, it claiming that according to the lease we would pay 70% instead of 50%. DH was unnerved and was going to pay it, but its easy to fix by a polite email...blink, blink, write innocent. Why was it 70% this time and 50% last time? Did we miss a notification? We got back a whoops, we were wrong its 50%. Letter writing and arguing an economic case was always a talent of mine. The IRS red-flagged me once in grad school and I managed to get the IRS to back down. Its a gift.

Sister emailed me to tell me she and a cousin found several EE savings bonds in our name from 1991. Hah! As usual, finding money. Her gift. Plugged the issue date and amount in my savings bond wizard and got a very pleasant surprise. I'm surprised on another level - gramps was always pro-business, anti-government, no taxes kind of guy. It'd be like me buying Enron stock or something.

It was nearly routine last week - 1.5 hr drive from Milwaukee to Oshkosh, then to the farm. At the farm, pawing through paper in a hard target search for assets and pieces of paper that will help us file dad's last IRS return.

We put on a vinyl LP and began...

My mom was a serious clutterer. I'm debating whether she was a hoarder or not. One minute I was flipping through newspaper clippings from the 80s, the next, grandpa and grandma's wedding picture. On which side you ask? Found them both. We found my birth certificate, my sister's birth certificate, my mom's birth certificate, my dad's birth certificate, grandpa's wedding license, a school assignment my mom wrote when she was 8, pictures of my great uncle in WWII when he served in New Guinea. I also found scraps of paper with a note or a sentence or a book list written in my mom's hand and stacks and stacks of newspaper. My sister was luckier - she usually found money. (I guess that's why I have to save it. )

The important papers we hoofed to Milwaukee, the rest to recycling. Here's another reason why clutter is bad. Its totally exhausting for your heirs who will never share your opinions about its value!

On the bright side, except for gas, we had several no spend days. We ate Dad's food and drank his soda and found his high school class ring, all without his permission.

Sister and I started an email chain of decisions that we made and agreed to so its written down. Sister is in Milwaukee, so she will be doing the heavy lifting in this. I feel so guilty about this. I sorted and organized the papers until late in the evening - my way of keeping busy.

Why start this journal? Well, kashi asked me to!

The reason that I haven't for so long is that I didn't really feel that I needed to. My debt was under control and I have been happy with my savings rate for the last two years. Life was good...at least it was until the last Wednesday in July.

Now its not. My dad passed away unexpectedly July 27. Mom passed away nearly two years ago, so now its my sister and me. There was a will which states that we inherit equally a dairy farm in Wisconsin. Luckily it wasn't a working farm - no livestock - two parcels of land, barn, sheds, farm equipment, house, household items.

Right now I really feel like my finances (and my emotions) are out of control and will be for some time. Of course I've spent a fair amount traveling to the funeral and beginning the long journey through the will and probate. My sister, who lives in Wisconsin, did a fantastic job with the funeral arrangements.

More tomorrow.