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Home > Snowflakes 01/09/16; End of August
 

Snowflakes 01/09/16; End of August

September 1st, 2016 at 01:26 pm

Challenge starting balance: $6,642.80
Plus:
- weekly EF savings $35.69
- football winnings $58.00
- plumber visit -$160.00
- addition to mortgage principal $259.25
Challenge closing balance: $6,835.74

The above transactions took place; weekly EF savings got deposited, I transferred over my team's big win (yay!), withdrew money for the plumber visit and added $259.25 to the mortgage being for June interest $559.25 less $300.

My team is now out of the finals so September is purely making up for the first six wins (if possible).

I also checked the EF balance on the 1st and have updated the sidebar. The mini EF is looking a little small because it is $2771.16 less $1445.94, less $192.00 (however on the upside thanks to the big win we are now below owing $200). Must get the tax return lodged and the $1073 back!

The maxi EF (the shares) dropped about $100. The MXI shares which I bought at $0.585 spent a couple of months well below what I bought them for- around $0.45, which I was not thrilled about. On 31st August though they raised up to $0.61 which is a bit of a relief.

The QBE shares which are the bigger portion (think $3200 compared to MXI $600) instead have dropped down! They are currently around $9.97- the average price I have bought them for is $10.70.

The main thing is, even if there is not a profit at the moment, there is no big loss.

***

September is a huge bills month - we are looking at around $1500 in bills which will stretch us. We could pay them but cannot also save our usual 10%, which doesn't thrill me.

I'm thinking I'd rather we pay half this month, half next month as we have no bills really in October. Then in November we start paying the monthly averaged amount of $4011. Much less stressful that way.

3 Responses to “Snowflakes 01/09/16; End of August”

  1. rob62521 Says:

    May is our big bills month. I just dread it. Fortunately I know it advance so I am ready, but it still is painful writing out those checks!

  2. FrugalTexan75 Says:

    If you can spread the big bills payments over two months, that definitely would be less traumatizing. Smile

  3. VS_ozgirl Says:

    Rob- totally understanding this at the moment! Even though we will only be paying half, we still have to get the other half out of savings so it will still be painful seeing the money go out.
    FrugalTexan- thanks, I'm hoping so Smile.

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