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Lots going on but all is well for the most part.

April 23rd, 2018 at 07:01 am

So, I'm a bad "blogger". I tend to just live life and not document each day and then when I think about it, I'll come and update my journey here. So, yeah, bad blogger me but oh well. Haha.

So, it is now April 23, 2018.

Our oldest is almost finished with her first year of college. She is going to summer school and staying in her first apartment over the summer. She'll be going back to dorm life in August though. She is quite excited for the unpaid internship that she got at an animal sanctuary as well. We got her car all fixed up and it should be safe for her to have to drive around in this summer.

Our youngest has yet to get her drivers license. She doesn't need it and doesn't really have a huge desire to get it so I'm not rushing her at all.

We sold our beat up truck for $500 to the auto shop. It wasn't worth keeping any longer.

My first semester of teaching college has gone well. I spent a ton of hours on it though so spreading out the semester pay over each hour is a little sad... but they want me again next semester so it should go much smoother next time since I've done so much prep work already.

Reselling side gig is still trucking along. I just hired an assistant to help me photograph items because I just can't find the time to do it all. I pay $0.75 per item and we've only been doing it a week but so far so good.

I'm still frustrated with the hubby and his lack of motivation to self-improve. He's an enigma to me sometimes. We've been together for 27 years and it's just getting so tough to connect. I feel at a loss and am thinking about getting counseling for myself. I don't want to continually blame him for everything (which I do very internally). Sigh.

Appeal update....

October 20th, 2017 at 07:48 am

So, last I posted, we won our appeal for the airlift cost of $52K...

We just got word that the amount we now is just $1,708! I'm doing a happy dance!

Woo hoo!

Won insurance appeal... office space rental?

October 16th, 2017 at 11:50 am

So, we appealed the denial from our insurance company for the medial airlift that took our daughter to the hospital in July when she dislocated her hip. Just got the letter from them that said we won the appeal! They will "re-file" the bills and will pay their part towards the $52k bill. We will still have to pay a large amount, I would imagine, but no where close to $52k. Whew!

On a totally different subject, I am seriously contemplating finding an office space of about 300-500 sq ft to move my online reselling business into. We have a very large house and currently, all my inventory and setup is literally taking up 2 bedrooms. One of those bedrooms is what will eventually become our master bedroom (we have been using a guest room). It is in renovation status right now so I moved all my inventory into it which has been fine.... but, we want to move forward with finishing up the renovation so I have to get it all out of there. I found a space that is very near to the house. It is 329 sq ft and they want $350 rent per month. I've sent an email inquiry to find out more specifics so I'm waiting to hear back from them. I'm quite nervous about committing to a lease for this side business of mine. Eeek. We'll see though. I'm definitely not going to rush and jump into anything without thinking good and hard on it.

Online sales and a teaching job!

October 10th, 2017 at 10:12 am

So, as a reminder for you, I started selling seriously online via eBay, Poshmark, etc. on Jan 1, 2017. All money earned from this side hustle is to go toward our daughter's college expenses. I just finished the bookkeeping on this effort thus far and.......... I ended the first 3 quarters of the year with a gross sales total of $28,913! After platform fees, shipping costs, and so forth, I've earned a net profit of $15,969 (before taxes)! I am looking forward to an exciting 4th quarter of sales. Maybe I can end the year with a net profit of $20k! That will be awesome.

In other great news, the local university that I applied to back in 2015 for a part-time teaching position contacted me and wants me to teach a class next semester! I'm excited and scared at the same time. This will be a new adventure and will be a great additional side hustle as well. One class on Tuesdays and Thursdays for one semester will earn me about $3,500! Wish me luck!

Portland, Hip Dislocation, and College

August 14th, 2017 at 07:36 am

Lots of updates:

1) Portland vacation totals came in at $5,023 which is $977 under budget Smile We had a great time! Our youngest daughter has already started planning for next year's vacation which she is determined will be overseas somewhere. I have to start saving my pennies!

2) A couple of weeks ago, our oldest daughter went tubing on the lake with her friends. Long story short, she ended up with a dislocated hip of all things! The medics had to air lift her to the nearest trauma hospital. We had quite a scare but everything turned out as best as possible. She is fine now with no broken bones/tendons or any permanent damage. I was warned by the hospital that the bills will be hefty though... will update you guys as I get those.

3) I had to make our first college payment the other day and it hurt! Between tuition and room/board, we had to shell out about $12K for the Fall semester. Ouch.

6 Month Reselling Totals

July 6th, 2017 at 01:06 pm

So, I started into reselling as a side hustle on Jan 1 to save money for our daughter's upcoming college expenses (she starts college in August) Here are my 6 month totals.

Jan 1 - June 30, 2017

Total Gross Sales = $18,697
Total Costs/Expenses = $8,256
Total Net Profit (before taxes) = $10,441

I'm setting aside 25% ($2,610) in my mind to cover income taxes. I have no idea if this is anywhere near accurate as I've never done this before but figured it was a safe estimate... so my grand net total after estimated taxes is $7,831 for the first 6 months of my reselling part-time business.

Now, let me just say that this took a lot of time and effort to earn this money. It wasn't easy but I enjoyed it and I am quite happy with the results. From my research, the 4th quarter is always the most profitable with holiday sales thrown in the mix, so I'm looking forward to what the next 6 months will bring.

Our DD's estimated college expenses for one year is $25K which includes room/board as she'll be living on campus. If I can keep this up and earn about $15-$20K a year reselling, the rest can be made up with our regular savings (I put aside $500 from our regular income each month).

My goal is that our children will leave college with no debt whatsoever and that is why I am hustling hard Smile

Portland, Oregon

June 22nd, 2017 at 06:02 am

So, we decided to venture out west this summer and visit Portland, Oregon. If anyone has any suggestions, tips, or advice about the area, please let me know! Our family of 4 (no little kids) would love to explore the area and maybe even take a drive to Seattle while we are out there. We'll be there the last 2 weeks of July Smile

Portland budget
flights and hotel = $3,000
rental car = $500
food, park tickets, and incidentals = $2,500
Total = $6,000




WE SOLD THE HOUSE!

February 21st, 2017 at 10:02 am

We closed on the sale of our rental house today... finally!

For those not familiar with the situation, we purchased this house in 2006 and then tried to sell it in 2010 for the next two years. We finally decided to rent it out and found renters. These same renters stayed for over 4 years and they ended up buying the house from us today. We couldn't have asked for better renters or for a better outcome so we feel very fortunate and blessed. I am so looking forward to not having this mortgage on our books any longer Smile

P.S. We left the closing table with a $25k check but we did take a loss on the house overall. DH and I are so okay with the loss. The feeling of not having to worry about it any longer is priceless.

Saying bye to a great 2016 and hello to 2017

January 3rd, 2017 at 08:46 am

Looking back to 2016:

Jan- Refinanced mortgage to a 15 year fixed and paid off remaining car loan balance of $17,210 to be debt free again except for the mortgage; DH had a medical scare

Feb- Had to pay the big and unexpected $1,145 hospital bill from last month

Mar- Joined gym which started $50 monthly bill; got into a multi-car accident over Spring Break; found out DD won a national $5k prom package contest!

Apr- Started vegan (vegetarian for the rest of the family) lifestyle; DH has to start getting a very *expensive* rabies treatment for trying to rescue our cat from a feral cat's death grip

May- major Prom festivities

June- kids wanted Spotify subscription and I caved... oh, well.

July- DH purchased a scooter for $1,500

Aug- DH sold the scooter he had just purchased last month... thank goodness! Smile

Sept- first "manual" payment made for home insurance since we refinanced without an escrow account for the first time ever

Oct- spent lots of money for college applications and other senior student expenses; DH purchases a "new" car for $8,100 cash; our renters inform us of their interest in purchasing our home!

Nov- ramped up online selling activity big time with ebay, poshmark, mercari, etc

Dec- holiday craziness with an 18th year old birthday thrown in the mix that led to an impromptu trip to NYC to celebrate 2016

..... now onward and upwards to 2017 .....

-I've opened up an official eBay store on Jan 1 with plans on making lots of part-time moola!
-Our rental property will be sold (crossing fingers)
-Our oldest will graduate high school and start college... yikes!
-Our youngest will get her driver's license... yikes, again!

I look forward to a great 2017 and hope for much financial success for all of us!!








Another big sale!

December 5th, 2016 at 09:33 am

I purchased a $149 name brand, new with tags, ladies poncho sweater thing from Salvation Army a few months ago for $5. I listed it on eBay with a buy it now price of $100 and had several people offer me best offers on it but they were much too low and the interested buyers didn't want to accept my counter offers. I held out because I knew I had a lot of interest on it.

It sold last night for full asking price! After product and shipping costs and eBay fees, I made a $73.64 profit! Woo hoo! I can get used to making money while I sleep Smile

Dec 2 is a big day

December 2nd, 2016 at 09:09 am

1. It's FRIDAY. Enough said.

2. My oldest daughter turns 18 today. How can that be?!!

3. We have officially entered into a purchase contract with our renters for the house they've been renting these past 4.5 years! We agreed to a $255k price. I sure hope their financing goes through fine and we can close in January! We purchased the house in 2006 for $288k so yes, we are selling at a loss but that's OK. We'll pocket about $25k after the mortgage is paid off and most importantly, we will finally be done with that house so cross your fingers for us!

4. Our youngest daughter just finished with drivers ed yesterday and can now go get her permit. I'm cool with that. Haha.

5. I've been tracking my online sales accounts in detail since Nov 6. As of today, Dec. 2, my net PROFIT made is $725.94. This is after all fees, shipping costs, and product costs. I can get used to an extra $700 a month and hope this amount can be sustained. I plan to make this much more consistent into 2017.

Best ebay flip ever... or at least for me!

November 16th, 2016 at 08:17 am

I went to a charity auction last night and purchased a brand new with tags, Dooney & Bourke matching wallet and handbag set for just $55. Got home and I broke the set apart and listed the handbag and wallet separately on eBay.

Within an hour, the handbag sold for $215! If I say the $55 cost was on the handbag alone, after fees and shipping, my net profit is $117.49! Once I sell the wallet too, my net profit on this one $55 purchase will be even greater.

Anyway, I've been on and off ebay since 2000 but just ramped up my ebay activity over the last week and trying to make some money with that platform. I've made quite a few sales but nothing like this one in such a short time frame so I had to share Smile

Happy hustling!

Some random financial updates

October 6th, 2016 at 01:15 pm

-- Our renters want to meet sometime soon to discuss possibly purchasing the house! Let's cross our fingers...they've rented the house since Aug 2012 and have been great renters but we would love to sell it to them instead.

-- I am to get a one-time $400 bonus this month. Woo Hoo! I wish it were more but I'll take it and will put it into our savings.

-- Hubby is itching to purchase a "new" car. He currently drives a very beat-up 1998 truck. We've agreed to stay in the $5k-$8k range if possible and will pay cash for it.

-- Just a quick financial snapshot of where we are right now.

Debts
*House mortgage = $273,486 (15 yr fixed @ 3.375%)
*Rental mortgage = $228,018 (ARM @ 4.75%)

Cash
*Retirement accounts = $106,778 (not including pension accounts)
*Mutual Fund savings = $9,585
*Bank account savings = $16,703

Other Assets
*Main house is worth about $450k
*Rental house is worth about $275k
*Our 3 cars are worth about $30k total

Definitely not where I want to be in regards to cash, but we are in a much better place right now than ever before. Slow and steady wins the race, right? We've made so many mistakes and have learned a lot so I'm not downgrading where we are right now. Our cash balance may not be as high as some of yours, but it's moving in the right direction for us.

Vegan meal pics

June 21st, 2016 at 07:54 am

Some meals lately...


Vegan bagels with peanut butter, bananas, and chia seeds. My favorite right now!


Simple penne pasta with spinach and marinara sauce. The family really liked this one.


Can't go wrong with fresh fruit!


Asian noodles with a variety of veggies... Simple!


These ingredients went into the making of Spring Rolls!