Hello all, hoping all is well!
My latest financial transactions of note are adding the $183 mortgage savings straight onto the mortgage principal. Have added this amount to the banking the difference challenge, and the anticipated end of year figures will now be:
$5300 50wk challenge + $3558.54 banking the difference
= $8858.54
At the same time, I also put our $180 monthly insurance savings into the mortgage offset too - we now have $760 saved up for that, so those savings are on schedule.
The mortgage interest rate has gone up so next month our payment might be a bit higher, which reduces the savings
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On my mind as well as going away on our camping trip is paying for the balance of the Thailand trip next year. We paid $300 (which mostly came out of the holiday fund) deposit and $1300 remains, haven't been advised as to when it is payable so it's best to work towards repaying it anyway.
I lodged our tax returns and I receive back $1616. Of that $1283 goes back to the EF for the study unit I purchased, and $130 goes back to the EF for money we borrowed from it.
That will amount to a $203 snowflake which I will put towards our $1300 payment, leaving $1097 payable. Over the next couple of months I think our focus will be trying to save a decent amount towards it.
I also lodged B's tax return, but he is payable and that payment is coming out of his business income which he has saved.
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The only other thing on my mind right now is doing the grocery shopping. I was given a $10 off voucher if we spend over $100, so I'm pretty sure we will need to spend that - so there will be the first $10 towards the holiday fund!!!
Banking the Difference on Mortgage, etc
October 25th, 2015 at 05:31 am
October 25th, 2015 at 07:33 am 1445758435
October 25th, 2015 at 10:20 am 1445768455
October 25th, 2015 at 11:01 am 1445770864
April is Songran taxi the most efficient way to get around but you must negotiate/bargain the fee before clambering on & insist on having a helmet.
if it's still muddled, please accept an apology, I'm not computer literate
October 25th, 2015 at 11:15 am 1445771745
October 25th, 2015 at 02:42 pm 1445784161
October 26th, 2015 at 12:08 am 1445818100
Thanks for your wealth of information Snafu, I'll try to remember about the tuk tuk.. Can't go in April as that's a critical work time.. Hoping for March.. As for savings, will do my best
Alice4now haven't been there before but have heard many great things
Blues femme I was so annoyed when I heard that our bank was the first to pass on the charges to the mortgages. Grrr.. Totally with you on this one.
October 27th, 2015 at 12:15 am 1445904931
October 27th, 2015 at 06:05 am 1445925924