Money (Debt Frugality Minimalism)

[-$77,295] Being Single is Taxing

Posted on by Double Debt Single Woman

So, if you are in the U.S., I hope you’ve all paid your taxes by now. If not, you’re juuuust about out of time. The clock is ticking, peeps. Get on it!

I paid a LOT in taxes this year, as usual. Most of it, I hope, is going to various good causes, but it still is frustrating to see that money disappear forever.

I’ve seen a few blog posts by bloggers with families proud of paying little or no taxes. Between marriage, having a kid (or three), and home and other tax breaks / benefits / deductions, they are living well. Good for them. As a single person who qualifies for, seemingly (based on my recent tax return), no breaks or benefits of any kind, my spend on taxes feels disproportionate and unfair.  Read More

[-$79,700] I’m in the 70’s! It’s Groovy!

Posted on by Double Debt Single Woman

love-70s

Yeah, I’m Stayin’ Aliiiiiiiiiiiiiive!  Break out the 8-tracks!

I hadn’t expected to get here this soon! Best. Tax. Refund. Ever. Wicked!

I finally feel like things are starting to shift with this debt. Can you dig it?

Current stats from my lender:

Read More

[-$86,895] A Huge Debt, a Small Pay Raise, and a New Spending Plan for 2017

Posted on by Double Debt Single Woman

money-1974707_640

I finally, FINALLY, found out my new compensation numbers today, after my promotion a couple of months ago. First, a bonus.

Year End Bonus: ~$4,300

I got a 2016 annual bonus! When it hits my account in a couple of weeks, this is where it will go:

Emergency Fund: $1000

Health Maintenance: $1750

  • I expect doctor visits, diagnostic tests and treatments this year relating to some chronic health issues. I’ll be paying out of pocket (HDHP). I may also need some dental work this year. Hopefully this will be enough.

Opportunity Fund: $1250

  •  Most of this will be saved for gifts and travel to see relatives during the 2017 holidays. I didn’t get to see them during the holidays last year.

Checking Account: ~$300

  • I’m not entirely decided about what I will do with any money that remains. I’ll likely keep it in my checking account to cover unexpected or annual charges.

saving-while-in-debt

2017 Salary Increase

Guys… (Sigh)…  I tried. Read More