Financial recap and other musings


So, I haven’t said much about savings, retirement planning et cetera. In fact, all that stuff seems trivial in the face of the real depression-style era that is looming ahead of us if things continue as they have in the US lately. The economy is in a free-fall as more people and investor panic and yank their money out of the system. I don’t blame them, but it’s like a self-fulfilling prophecy. *shudders* Anyhow, I’m not retiring anytime soon so I hope that my investments will stand the test of time. I’m sorely tempted to do the usual trick of investors i.e buying stocks at low prices, but what if they never recover? Well, that was not the sole focus of this post. I was going to talk about our energy usage and brag a little bit even about how two of us are keeping a low energy footprint in our apartment in the face of a hot summer and now, perhaps an unusually cool winter? Here’s a chart I whipped up in Excel:
As you can see, we haven’t even cracked $42 in bill payments yet! Clearly, we’ve shot up during the summer, but not enough to get me worried. My guess for this winter will be that we won’t hit $50, but I anticipate running some standalone heating elements because I’m really anti-cold. 🙂 According to M, reason number 2001 to have more body fat. Here are the actual numbers:
Now, if only other areas of expense resemble our energy costs! In fact, our utilities are the most stable liabilities we have i.e. internet and energy. Food and Gas are the current major money guzzlers and we are working on a means to cook at home more. We are paying the price of eating out and constantly having excuses for not cooking at home. Heck, I can’t count how many items have gone bad because we didn’t cook them in time.

Payday is nigh and I’m already feeling pinched! Here is a quick breakdown of some of the pre-programmed expenses I have:

Jane’s expenses
HP Laptop Credit Card $500
SunTrust Credit Card $100
Roth IRA $200
ING Direct Savings $250
Rent $275
Cellphone $50

Now, in a sick and twisted way, seeing the expenses laid out gives me courage to keep going on because I know that my aggressive strategy will pay off! For instance, after another such $500 payment to the HP laptop fund, I’ll have an extra $500 to “play” with. We have slowed off on the SunTrust payoff, but I’ve been snowflaking little amounts to it so I fully expect to have a balance of zero by the end of the year. I’ve been making little contributions to a christmas fund so that I’ll be able to get little tokens of appreciation for people. Overall, I don’t think our financial outlook is dire. After I got my laptop, things got thrown off kilter a little bit, but I definitely don’t regret that purchase. In a couple of years, I see myself upgrading the laptop i.e. giving Matt this one and getting the next OS upgrade that Microsoft has to offer. On that sombering note, I’ll sign off and I bid you all a good night!