Thursday, December 31, 2009
Tuesday, November 3, 2009
Saturday, October 17, 2009
Thank you for blessing me with good health so I can live every moment
Thank you for blessing me with an amazing family that love me unconditionally
Thank you blessing me with a job so I can provide for my family and take care of my loved ones
Thank you for getting the messages to my ear when ever I need them.
Finally , Thank you for the good food, air, water and home that you have blessed me with.
Friday, October 16, 2009
Thursday, August 20, 2009
Grabbed some lunch at the cafeteria for $3.84 - tried something new today, it turned out to be a good meal and good price.
Came home early, @ 5 and went grocery shopping with hubby -money spent - $65
On our way back to the car, he and I discussed about how much we can save if we went to the local farmers market for veggies, though HEB has good stuff, its bit pricier, I usually spend around $25 dollars for my 2 weeks worth of vegetables. HEB is definetly the choice for meat though, fresh meat at an affordable price plus it comes from local vendors unlike other chains.
Hubby's fav dish Lamb curry is cooking on the stove right now.....
Total money spent today - $73 ..oouch....
Lunch - $4.24
Total Spent - $7.70
Reached home to my b'day gifts, hubby ordered 212 and light blue from Amazon. Love'em, another suprising gift - Kitchen Confidential from Anothony Bourdain, my fav- host on TV - He Rocks..!!!!!!
Tuesday, August 18, 2009
Got to work at 8 this morning, completed some work before my mgr got to work and hurried down to get my usual breakfast for $3.07 before the cafeteria closed.
Hurried down to the conference room for a 5 hour meeting which turned out to be more like 7, got to gym at 5.30 pm, played basket ball for 10 mins before I had my fore scrathed by another players sharp finger nail, I get paranoid when its nails and stuff..left the court and worked out for sometime and got home at 7.30 , cooked, had dinner with hubby and now I am getting ready to pick up the book he gifted me..Stop Pissing meOff(LOL), but its for the work place though...
Total money spent today - $3.07
Monday, August 17, 2009
Got a muffin sandwhich with egg whites and coffee for $3.07
Transfered $3500 to my ING savings account. I had subscribed for ESPP at work and was able to stack away $4300.
Came home for lunch -money spent - $0
Hubby paid $600 towards our land mortagage.
Went to see my Sis after work and reached home at 7.00pm and cooked , had dinner with hubby -money spent -$0
Its my birthday today, got a nice Godiva chocolate collection from my cousin, waiting for the perfumes my hubby ordered for me..
Wednesday, July 1, 2009
Seeing my CC balance under 5000 dollars makes me feel good because the number makes me feel more comfortable. I will do my best to save every dollar that I can to pay this off quickly. Ideally I would like to have it knocked out by the end of August but it would be a long shot. Nevertheless, I am happy as long as I can knock it out 3months before my India Trip.
Apart from the finances, I made a business proposal to one of good friend who lives in the same city as I do. She was looking to open up her own beauty salon but she is short on cash. I told her that I can invest 5000 dollars and asked her to think about it. Even though I do not have the skill set that is required to run a spa, I definitely do have some business experience coming from a business family myself. I will know something about it in the next few weeks and once I hear a yes from her, I will move forward. This would help me make some extra income and I can use my weekends to learn a new skill and find innovative ways to take the business to the next level.
Overall, has been a good month at work, home and financially.
Monday, June 22, 2009
This morning I have gotten into a worst situation I could ever get into at work. It all started with a call from my senior manager,let’s call him C for now, this morning while I had my immediate manager at my desk. I had asked C couple of days ago if he would have time to sit with me and discuss about another position with a different application we have within our group. Though the first instinct told me that I have to let my immediate manager know about my interest in this position, I kind of ignored it telling myself that its just going to be an informational session with C” , not like a real interview or anything. I even asked around people in my office on what the best approach would be and “them all” told me talk to C first. Again, for the 100th time in my life I went with what others told me instead of using my best judgment. Fast forwarding to this morning – C asked me if I had spoken to my immediate manager already, by this time, I can feel blood gushing to my ears(which happens to me when I am nervous, or in an awkward situation) and my heart pounding in my chest as my immediate manager was right next to me. I told C that I haven’t yet and he told me in a very casual voice to talk him and to express to him that I am interested in this other position within my group. By the time I hung up the phone , my immediate manager could already guess what was going on and asked with a corny sense of humor – “So when are you planning to tell me about this” , I was so embarrassed to look at his face. I apologized to him and told that I was not in this kind of situation before and I did not what the best approach would be in such a situation and that I was curious to know what the position was all about before I even started thinking about seriously pursuing it.
He said that it was okay and gave me good feedback on what kind of approach to take when in a situation like this. He mentioned one thing about how he thought that both of us had open communication and this incident made him think twice about the kind of professional relationship we shared. I apologized to him again and I told him that I was really sorry and did not mean to offend him in any way. He got over it and told me forget about it and put this behind us.
So for all you new Yuppies’ out there. Lessons to take away from my experiences are:
1.Think it through before you approach anyone above your manager in your organizational hierarchy.
2.Take only expert opinion. Don’t ask around anyone you see, because these folks don’t mean harm but they will advise you based on their life experiences.
3.Look at the situation based on the kind of relationship you have with your manager.
4.Take expert opinion but let the final decision be yours.
5.The first instinct is always...always always right when you are stuck in these kinds of situations.
Wednesday, June 3, 2009
Saturday, May 30, 2009
Balance on CC – $6892 (was able to pay only 765 this month)
Auto Loan – $21300
Sunday, May 17, 2009
Do something about it: The most important thing I have learned through meeting people who have excelled in their lives and through reading books is that if you do not like the status quo in your life then “Do something about it”, people can go on and on about how much they hate what they are doing or how much they love to do such and such but if you do not take action to change the status quo then things are not going to change or get better for you. Identifying the problem and taking action are two different things. We need to push ourselves to go beyond the first step.
Do some research: Now that you have identified the problem, the next step is to do some thorough research, I had no clue how to go about this, but again Miss.O’s (not Oprah! it’s Orman) book threw some light on it. Her advice to the YB&F’ers is to pick a career that interests them and do some research on it for at least a week. A thorough research will bring to light the pros and cons of choosing that particular profession.
Make the shift early: If you are in your 20’s or early 30’s making the shift now is much easier now than waiting for couple of more years even if that means settling down for a lower salary. The longer we wait the harder its going to be to make that shift because of the family and financial obligations we might get into. Mr. Scorpio just hit 30 last year and has been working as an IT consultant for the past 7 years. He wanted to get an MBA and make the shift to Finance for a long time and finally he has taken action and is enroute to make that change.
Keep the faith: Once we have decided to make the shift or have had made that long waited shift, the initial obstacles might make it tough to ease into the transition and the best thing to do at that point is to keep the faith and have the eyes on the prize. Its more like practicing "frugality", its hard intially but in the long term turns out to be fruitful.
Have you been in situations like these, of so what did you do and how did you make that transition?
Monday, May 4, 2009
Has this happened to you before, if so what did you do, any advice?
Friday, May 1, 2009
Credit Card 1 = $6700
Credit Card 2 = $955
Emergency Savings = $300.00
Balance on CC = $7655
I am planning on bringing up my emergency fund to at least $3000 and pay only minimum on my CC until I meet my emergency fund goal. With only myself working I think we need to have a better cushion for any expenses that come our way.
Monday, April 13, 2009
Devastated, that we were, by the news I had a DNC last week and I am recovering from it. Through this journey I have learnt one thing that is “How important an emergency fund is”. I ended up paying 1200 dollars for the procedure and that is only the beginning, I am not sure how many medical bills are in store for us. Only 80% is covered by my employer insurance after a 1000 dollar deductible which I haven’t met yet.
I had 1000 dollars set aside for rainy days like this but I had to take it out to help out my sister in India. Though I am grateful that I am able to help my family in need, the pressure of not having saved enough is setting a fire in me to push harder. My credit cards are in control now. I haven’t charged anything on them for the past 7 months up until last week, I paid the 1200 contribution from my side through the CC. I am all motivated to pay it off. I have been religiously making payments to my CC. My initial plan was to pay everything off by May but looks like that date will be pushed to July. As long as I can clear off all my debts by August, I am good with it because I need to tackle Mr. Scorpio’s debts next. He is looking for a job right now and also researching some B-schools, not sure which path he will take yet.
Like my Mr. Scorpio always says, I am trying to find the meaning of life amidst all this chaos and I am hopeful that this too shall pass.
Sunday, March 1, 2009
Below is how my finances look at the end of February.
Credit Card: $7568
Auto Loan: $22,325
Emergency Savings: $ 1000.
Tuesday, February 10, 2009
Dave talks about being “gazelle intense” – Gazelle is a small swift antelope from Africa which escapes 99% of the time when being preyed on by a leopard: an analogy that he uses to describe how unrelenting our efforts should be towards attaining financial independence. The basic underlining statement is that –Don’t buy stuff unless you can pay for it. Sounds very simple and straight forward, then the question comes- Why we do we fumble? Each of us has our own reasons; mine was that – I deserved to be happy. Little did I know that delaying those gratifications could have kept me happy for as long as I could live. Like Dave, I am an eternal optimist too, I believe in giving and taking second chances. I believe that people are always willing to work towards a better life except that some need big kicks on their behinds and some a jerk on the knee.
So, no matter if we are 18 or 28 or 39 or 56 years old we can always start NOW, start making wise choices and most importantly – BE HAPPY.
Friday, January 30, 2009
Bank of America CC-1 = $7875
Bank of America CC-2 = $845
Balance as of January: = $8720
Jan Beginning Balance: = $23420
Jan Ending Balance: = $22760
Emergency Savings: = $60
Long Term Savings: = $605
Parents Health Fund: = $40
House DP Fund: = $40
I would have to set aside around 150 dollars for MS-150. Still need to get the shoes, gloves, tubes and pump. phew. I am going on my first training ride with a group of people from my company tomorrow. Hopefully, I keep up the pace and am ready for my 150 mile ride on April 15th.
Wednesday, January 7, 2009
Start with a plan: I know this is what many PF bloggers say and they say it for a reason- because it works. I did not plan anything fancy. I just used Excel on my computer. I listed all the debt I had, the target pay off date and how much I paid down as I progressed. I had it color coded to keep it interesting. I had red in the debt column and green in the ones I paid off. I was always curious to see how my excel page would like if everything was green, and I have only one column in “RED” left now. Having a plan gives you a purpose and acting with a purpose in mind will always yield results.
Start paying your debt by paying yourself first: I am a big fan of Ramit This was the tip from him. I opened ING Savings account and automated 50 dollars bi-weekly to it,when I decided to get control of my finances,even before paying my CC’s ,I slowly increased that amount 200 now. This way you will be saving money for unforeseen expenses instead of digging into your CC again.
Don’t Nickel n Dime: When I started paying off my debt, I was trying to save every cent which really did not make me feel good. I wrote a post about how I saved 10 dollars a month by making breakfast at home but I realized its just waste of time and resources. If having breakfast is something that you look forward to, go and get it from your cafeteria at work. It’s the big items that save you money not the small ones and that’s my next tip.
Save on big ticketed items: The reason I was able to pay off 12,000 in 6 months was because I kept myself away from making big purchases. I loved to shop so I kept myself away from the mall. I enrolled in 24hr fitness with a friend for 30 dollars month and started going to GYM after work. This way I got my workout and I had to go home to freshen up instead of going out elsewhere. I haven’t been to the mall for more than 4 months until last Dec-2008.
Keep yourself busy: You end up spending more money if you have too much free time. Pick up a book and start reading or learn something that will enhance your career. This way by the time your have paid off your debt you would have learnt something new that might lead to an increase in your income.
Follow the snowball method of paying down debt: Seeing results sooner will keep us motivated than having to wait for longer periods. I followed the snowball method to pay down mine. You simply have to arrange your debt from the lowest amount owed to the highest and keep paying if off in that order that way mentally it keeps you motivated to clear off the remaining debt. I followed this method, however, I called up my CC Company and transferred the high balances on to a zero interest card that way I won’t be accumulating too much interest when I am knocking off smaller balances.
I hope these tips will help you pay off your debt as they helped me. Let me know if you have any more tips. All the best and remember that;
" You cannot go back and have a new beginning but you can always start NOW and have a new ending."
Monday, January 5, 2009
I have been thinking about coming up with a list of resolutions for this New Year- 2009 and to my surprise I couldn’t think of any and yes that raised an alarm. I think one should be able to think of something that they want to take up or give in at any point in their life, which is a true symbol of progress to me. So this morning when a colleague that sits across me asked me what my New Year’s resolution is/are, I replied saying “I haven’t thought about it and that I would really like to think about the resolution that I want to take up and stick to this year”. As I pondered through the day I came up with a lot of things but then I decided to cut it down 3 that encompass personal , social and professional aspects of life.
Personal - Just relax, be happy and take one day at a time. (Just take action)
Social - Become part of a voluntary organization:
Professional - Get Six Sigma certification by the end of the year
I think these resolutions are attainable with the right attitude; as a matter of fact anything can be achieved with the “right” attitude. Lets see how I do this year.