Sunday, February 23, 2014


Last Thursday night I finally sat down and finished my taxes using Turbo Tax. This is a chore but one that is necessary or Uncle Sam will coming looking for me. I filed both my federal and state taxes electronically and both were accepted within 24 hours. There is a bigger than expected refund coming my way so I have decided to half on student loan and half to my travel fund.

The federal refund is bigger than expected but it is too small for me to adjust my withholdings. I am afraid if I do that then next year I may end up owing Uncle Sam and that is not a position I want to be in. Each year my goal is to break even with Uncle Sam or come out just ahead.

Money Update......I'm back.....transparency

I suddenly had the urge today to blog about my money. Why? Maybe because this morning it hit me that my retirement is coming along nicely but my everyday finances are still in shits and shambles depending on the day. LOL

Retirement: My retirement funds are coming along very nicely. I contribute to my pension and an IRA with vanguard. Combined there is about $35,000.

Credit card debt: This is a blog post by itself about emotions, cycles, life etc

Regular Savings: I am still saving what little cash I keep on hand in CDs. Why? This works for me. I use 3 month CDs from my credit union.
My other savings account is where I stash my travel dollars. Now you may ask why am I traveling and still have debt to pay off? Well because I can and my travels are not being put on a credit card.

Student loan: SallieMae was finally paid off in 2012 I think. Don't remember exactly. I now have one student loan remaining that has around $6,700 remaining. This will be my focus this year. It would make more sense mathematically if I paid off the credit card. However, I am not interested in the math. I just want the student loan gone forever and ever amen!!!!