Post by ellipses84 on Apr 17, 2017 12:13:31 GMT -5
Am I the only one who needs to finish their taxes? We are getting money back but ours are very document intensive this year so I spent a lot of the weekend on it and have one section to finish up.
Any MM wins or losses?
Win: I found out my work implemented a policy for an automatic $1000 annual raise once you hit a certain professional goal. I'm scheduled to do it in May. I was trying to do it in 2016, but the paperwork took a long time and apparently my procrastination and the state bureaucracy that slowed down the process paid off!
Losses: Nothing specific, but we are way too busy between work and kids and it is resulting in lack of MM-ness.
We filed ours Saturday AM. We owed a (crap) ton this year. But we're getting a small refund from the state to help offset that.
I only seem to have MM losses lately. MH and I added up how much we've spent in the past 2 months on large expenses and it was in the low 5 figures. Ugh. Here's hoping the next few months help us build up our funds again.
We also owed a crap ton this year. DH and I did a significant amount of freelance work as 1099 employees and we didn't manage to save enough for taxes. Ugh.
I prepared our taxes back in February but just mailed the check on Friday because sending out that much money was painful and took some additional planning/saving on our end.
I don't have many other MM related randoms. I get to go to the west coast for work next week, and even though it's a work trip I am super excited! It's a chance to get out of my house (I work from home now), get dressed up, meet people, and I'm taking a day at the end to sightsee!
Post by laurensmomma on Apr 17, 2017 12:53:47 GMT -5
My MM win is related to my car, which I had made a post about last week. What we thought was going to be an expensive fix on my Rav turned out just to be a battery issue, plus the fuel throttle body (I think that's what my husband called it) needed to be cleaned. So, for about $600, my car is running so much better again. No need for a new car/car payment.
We have room in our budget for a car payment, but I want to build up our savings to 6 months worth (right now hanging out around 2 1/2 months), plus we'll cut our daycare costs by about 1/3 in September when DD goes to full time daycare. Then, in a year we can get rid of PMI on our house. Just those two things will free up about $500/mth. Plus, DH and I are both due for pay increases within the next 6 months.
MM win - H fronted the registration fees for his Ragnar team and vrbo (around $2000) back in October and I forgot about it. A few people reimbursed him last week and reminded me! I hadn't planned for or budgeted that money. Score.
The only reason we haven't filed yet is b/c a couple of my donations receipts have disappeared. I had them with the rest of the stuff a month ago. Now- they grew legs and walked off.
Post by bostonmichelle on Apr 17, 2017 13:55:10 GMT -5
Win- someone posted on a community Facebook page and I scored 2 cans of formula for DD for free.
Meh- my job is basically getting downgraded while I'm on ML so I'm definitely quitting. We can live on DH's salary but we need to be careful with our spending.
Loss- we owed about $1k for taxes and need a new hvac system ($5500) and DH needs new brakes.
Post by littlemisssunshine on Apr 17, 2017 14:58:34 GMT -5
I still need to file. I finished doing them this morning and owed $1500. Not bad considering I'm self employed, but I had a ton of deductions and apparently having a child is helpful.
Post by keweenawlove on Apr 17, 2017 15:15:55 GMT -5
Our taxes were bad this year. We had our highest earning year (yay!) and made a ton on stock (yay!) and didn't own a house all year which hurt when we filed. We bought a house this in February so that should hopefully ease things a little for next year.
We just got back from our big vacation for the year last night. With everything (flights, hotels, food, activities), we ended up spending about $4000 for 2 1/2 weeks in Asia so I'm calling that a MM win!
I was going to do a money diary for the weekend but ended up spending too much money (car repair, season opera tickets, accountant, taxes) and got way too depressed. (And there's no way I'm posting the accountant and taxes info which I guess just defeats the purpose.)
Win: My parents have substantial medical bills for my Dad's 6 week hospital stay... My mom's family is helping to pay them. So generous!
Loss: Had a leaking faucet that needed to be completely replaced. $300 for new faucet and plumber. PLus, it leaked to the condo unit downstairs. Ugh. They said it didn't leak badly and will probably just need to be painted, so that is good at least.
We stopped our Roth contributions in order to pay off my car. My dad gave us the cash to pay off the remaining balance, so we started the contributions again. This weekend I was able to still top off the 2016 contributions AND we have a paid off car. We're on track now for 2017. Winner!
Our accountants were down to the wire with getting back to us about our taxes. We are getting an $8700 refund from Fed! We paid MAJOR property taxes and closing costs on all those properties to get rid of stuff last year, so I guess win? LOL. We didn't owe, so. I am ready for a normal year. We will use those funds to pay for a portion of vacation house roof. Easy, come, easy go.
We stopped our Roth contributions in order to pay off my car. My dad gave us the cash to pay off the remaining balance, so we started the contributions again. This weekend I was able to still top off the 2016 contributions AND we have a paid off car. We're on track now for 2017. Winner!
Loss: HUGE tax bill Win: Partnership distributions to pay the tax were more than I was expecting so I'll get to pocket some money! Win #2: My state allows you to pay taxes with a credit card for no fee; so easy CC points!
And I'm not a regular poster, but I must say, well done Stan,