TRANSFER TUESDAY 6/29/2021

                   

                             

Hello Tuesday!  This is the day that we make an extra effort to pay down our debt.  Most every Tuesday we apply extra cash (whether it be BIG or small) to our outstanding debt.  This helps keeps us aware of and accountable for our debt. And it all makes a difference.

Our only debt is a HELOC with an interest rate of 2.24% The minimum monthly payment goes towards the PRINCIPAL and the INTEREST.   I am chipping away at the balance until we sell my mom's house that is currently being used as a rental. At that point we will pay off the rest of the balance.  Until then, I will be sending in payments every Tuesday. 

My last Transfer Tuesday was   June 22, 2021

Previous balance on last Transfer Tuesday Post   $67,951.00

We incurred a monthly service charge of $130.96

The updated balance is $68,061.96

Money Moves This Week: 

Regular Payment of $750.00

Payout for PoshMark of $38.00

Paying 10% of gross June Sales from eBay: $166.42

The NEW balance is $67,107.54

When we started paying down the debt in Sept 2019 we were at $95,853.00

How was your Transfer Tuesday? 

My inspiration for Transfer Tuesday is Pennies Not Perfection

Fraud Friday

 Since our trip out west earlier this month, my BOA credit card has been compromised three times.  Twice in South Dakota and once when we returned home.  I am waiting to receive my THIRD new credit card. 

Not that I mind at all the fraud is detected and quickly handled.  I don't. I greatly appreciate it! It is just so odd that this one credit card is under attack.  

We use credit cards to manage almost all of our daily purchases and bill paying, primarily for points that we can cash out later to either save or pay down more of the HELOC.

I attempted an online purchase last night and that is what triggered the latest fraud event. I am not even sure if the purchase went through or if we will receive the item. I will keep an eye on it. The above image is off the internet.  BOA actually closed my CC and I am not able to use it. 

I check my accounts DAILY using the Personal Capital platform app.  I can see the balances of each account ( savings, investing, and credit cards).  It is the second app I check in the morning after my eBay account.  I love waking up to overnight sales :-)

Have a fabulous Friday and don't forget to check all your accounts for fraud! 

Transfer Tuesday June 22, 2021

  

                   

                             

Hello Tuesday!  This is the day that we make an extra effort to pay down our debt.  Most every Tuesday we apply extra cash (whether it be BIG or small) to our outstanding debt.  This helps keeps us aware of and accountable for our debt. And it all makes a difference.

My last Transfer Tuesday was  June 1, 2021

Previous balance  on last Transfer Tuesday Post   $68,698.00

Payment of $747.00  VALIC payout (The check FINALLY arrived yesterday) 

Total $747.00

New balance   $67,951.00

When we started paying down the debt in Sept 2019 we were at $95,853.00

Upcoming Money Moves:  Redeem Credit Card Rewards from BOA $237.99 - Transfer in progress SIDE NOTE SENT this to M1 finance checking (1% interest APY) 

Poshmark payout $38.04 is being moved from Posh to Checking account ( in progress)  will apply to next week Transfer Tuesday. 

How was your Transfer Tuesday? 

My inspiration for Transfer Tuesday is Pennies Not Perfection

What Happened to TRANSFER TUESDAY

 I have missed Two Transfer Tuesdays.  Oops.  We were on a family vacation and the posts I thought I scheduled to post did not. 

All for the best. The check from the VALIC account that should have already been here is somewhere but definitely not here. That was going to be a pretty big payment towards the HELOC.

I will regroup and get back to a regular Transfer Tuesday next week. 

Meanwhile, here are a few pics from out trip to South Dakota and Wyoming.  Mount Rushmore, Devils Tower and the Badlands were a few of the places we saw. 

Future Money Moves July 24th

 6/3/2021

CD's are earning only 0.15%  The CD renews July 24th and it will be closed out and sent to SeaCoast 2216

CD at 0.35% 5250 renews July 24th and it will be closed and sent to SEaCoast 2216

Transfer Tuesday 6/1/2021

 

                      

Hello Tuesday!  This is the day that we make an extra effort to pay down our debt.  Most every Tuesday we apply extra cash (whether it be BIG or small) to our outstanding debt.  This helps keeps us aware of and accountable for our debt. And it all makes a difference.

My last Transfer Tuesday was  May 25,2021

Previous balance  on last Transfer Tuesday Post   $68,782.38

Payment of $2.38 sent ( I like it when it ends in zeros)

Payment of $70.00 made from earnings on MERCARI

~~Ebay sales were insignificant this last week. No payment this week. 

 

Total $72.38

New balance   $68,710.00

When we started paying down the debt in Sept 2019 we were at $95,853.00

My inspiration for Transfer Tuesday is Pennies Not Perfection

UPDATE: I received an email that the account was closed and funds released. The check should be here for the next Transfer Tuesday. 

Future Money Moves: Submitted paperwork to cash out a small VALIC ($996.00) account from a previous employer. When that check arrives and is deposited I will put 75%  (747.00) towards the HELOC.  I am unsure how long it will take to close the account, hopefully not too long.