I haven't posted in a while, between not having much new to report and with Thanksgiving and all. Tim and I are just trying to get through the month with as few expenses as possible, and so far we've been successful. December should be a good month for us, between a low credit card balance, two extra paychecks and my year end bonus I'm hoping to knock a decent sized chunk off our debt. I'm anxious to know what the bonus will be, the amount will determine a lot of what we want to do, but the company won't say ahead of time. We get them next Friday, I'll just have to wait! Don't get me wrong, I'm not complaining in the least, I'm just not very patient!
One cost saving messure we'll employ for next year is that I'm signing up for my companies Flex Spending program. They take money out of my pay check pre-tax and then they take that money to reimburse me on medical expenses. We pay a decent amount out of pocket for DH's medical care, he has a cronic condition that requires prescriptions and lots of doctor's visits, plus dentist visits for both of us and we both wear contacts. I figure we spend at least $2000 a year out of pocket, no sence paying taxes on that amount if we don't have to. The one drawback to the program is that at the end of the year, any money you didn't spend gets forfited, so you have $2000 taken out but you only spend $1800 by Dec. 31, you lose that $200. So, I'm going to have them just take out $1500, I know we'll spend at least that much for sure. I didn't track our medical expenses that closely in '06 so I'm underestimating our costs for '07. I'd rather play it safe. We're using Quicken now so I'll have accurate records for when we sign up again in '08.
Various thoughts
November 28th, 2006 at 06:33 pm
November 28th, 2006 at 06:37 pm 1164739041
November 29th, 2006 at 03:39 pm 1164814754