Thank God Friday - $1,300 Scramble

Admit it. You've missed me.
Missed me! Missed me! Now you have to kiss me!
(Don't tell Hotsauce.  It will be far more dramatic if you just come up and plant one on me right in front of him.)

Wait, disregard everything you've read to this point.  Seriously, don't kiss me.  It will just make things awkward between us and Hotsauce will try to punch your lights out and things will just get ugly.

So... how do you get back on track from that opening?

Oh, right. It's Thank God Friday. Which you probably guessed from that intro.  Or maybe not.

This week I'm really thankful for lessons learned!  As we continue on our Total Money Makeover journey I realize that some times a gazelle type intensity can lead us to make decisions that aren't as wise as we would hope they would be.

There's a reason that I've entitled this blog The Chronicles of the Fiscal Misfits and that's because we've made more poor decisions dealing  with our money than we'd ever like to admit.  And this lesson learned comes out of a long line of horrible decisions.

Here are the highlights:
1. Hotsauce and friend bought a house together to flip.
2. That was 12 years ago... they still own it, so the flip is now a flop.
3. They got a joint credit card together for purchases towards remodeling said house.
4. Friend was the primary card holder.
5. Hotsauce and his wife used said card for other purchases towards remodeling their own home. Friend knew about it.
6. Soon the outstanding balance belonged to us. Ugh.
7. Insert long, long story here.  Which includes minimum payments and missed payments.
8. Friend is irritated. Rightfully so.
9. Ugh.

Fast forward to three weeks ago.  Hotsauce is on phone with said company trying to work out a payment plan.  He offers to pay them $100 a month.  They're demanding more than 3 times that.  We can't swing it.  They tell Hotsauce that they are going to mark him down with a refusal to pay.

Whicka whicka what?? How is offering $100 a month a refusal?  That's how these sharks play this game.  They want their money and they want it now.

So Hotsauce offers a pay off of 60%.  They decline.  Saying that they will take no less than 75% of what is owed.  Hotsauce (in a completely unnatural state) says no.  He will just continue to pay $100 a month.  They again threaten to mark him down with a refusal to pay.  At which point we envision the teacher walking to the chalkboard and putting a check next to his name.  The conversation ends.

Before long the company calls back and magically they have decided to take the offer of the 60% payoff.  It's a savings of almost $900 for us.  We rejoiced!

Then the terms come in.  They will take the deal if we pay it off by the end of November.  Um, um, um... We essentially had 2 weeks to come up with $1,360 that we hadn't planned on spending.

We called this the $1,300 scramble.  And scrambled we did.  I prayed and hoped and bargained with God that I would have record Turkey Bottom Haven sales.  I did not.  In fact, sales have been way, way, way down.

I tried selling a bunch of things on "garage sale" type Facebook page.  I sold exactly nothing.

So we had an emergency budget meeting.  We looked at every category that we had and decided where we could "short change" ourselves.  We emptied our property taxes envelope and promised that after the first of the year we would make that up.  We emptied this envelope and that envelope and redid the December budget so that what we "stole" from November could be repaid in December.  And within 2 weeks we had the $1,360 to pay off the debt.

Hotsauce got a cashier's check from the bank (because that's what Dave says to do) and we paid the debt off.  But, unlike the time we paid the property taxes there wasn't any high fiving or happy dancing.  We were glad that our friend wouldn't have to deal with our irresponsibility and it was nice that we "saved" $900 and it was nice that we won't ever have to worry about that debt again.

There was still something in the pit of stomachs that just didn't feel right.

I think we were in such a rush to take care of this ourselves that we left God in the dust.  We didn't pray about this decision.  We never took it to the King of Kings to see how He would have us respond.  And in doing so we lost sight of our plan ... a plan that we agreed made sense... a plan that we agreed honored God.

So this isn't your typical Thank God Friday, but I am very thankful that when we get off track and we blaze before God that He is still faithful.  We may always be misfits, but His grace will always cover our misfitness.  Yes, that's a word.

How about some good news?  Anyone have a success story they'd like to share with us?  Who's paying off debt?

Booing in church is bad form...

Have you ever sat in a packed Sunday School room and shared your opinions and ideas and have some obnoxious person sitting in the back of  the room constantly "booing" you?

I mean what kind of person boos someone else at church?

Seriously.Who.Does.That?

Oh. Right.  That was me.

Now I'm not going to give you a whole run down of what the conversation was about, but what I will say is that the words "good" and "debt" were used in the same sentence.  When the idea of good debt versus bad debt came up I swear it was like I was involuntarily "booing"... I had no control over it and therefore cannot be held responsible for my actions. 

It still makes me twitchy just thinking about it.  I keep checking my body for a rash, because at any moment I could break out!!

As Hotsauce so calmly stated, when asked why we were shaking our heads every time this concept came up, "The borrower is slave to the lender."

It does not say, "The borrower is only slave to the lender when the debt is a bad idea."

You see there's this myth that, for instance, student loans, are good debts to have.  Whicka, whicka, whhhhhatttttt???"  I've had a student loan for well over ten years now and I've never thought, "Wow. I sure love paying this.  What a good debt this is!!!"

Romans 13:8 says, "Owe nothing to anyone except to love one another; for he who loves his neighbor has fulfilled the law."

You can't owe nothing if you owe something!

I cannot find a place in Scripture where is says that debt is good.  Can you?

  

Hotsauce paid his own way through college.  His parents helped out as much as they could, but for the most part he cleaned hundreds of pots and pans to avoid taking out a loan.  I, on the other hand, got every loan available and borrowed as much as I could from every loan.  We're still paying on my loans.  

Anyone want to take a guess at which one of us has regrets?  Now, imagine I would have paid my own way through college and we weren't paying interest on ten year old loans.  Ugh. I don't even want to think about it!  

So, perhaps, you believe that there is good debt ...but I just don't buy it anymore!  

In fact, I boo in the face of debt! 

 

Thank God Friday - Christmas is coming...

Here it is Friday again and I'd like to Thank God that it is FRIDAY!!!  Hotsauce has to work this weekend, but then he has Monday and Tuesday off (since he's working the weekend) and then Thursday and Friday off for Thanksgiving ... which means he only has to work Wednesday and that would be silly so he's taking a day of vacation which means we have Daddy for a whole 7 days!!! We love that!

I realize I just did a post about Christmas (my perfect tree and how my focus has been made new).  But, this time of year the money is running out the door just as fast as it's coming in.  There is of course Christmas presents, but there's also Christmas baking, and more Christmas baking for Christmas programs, Christmas baking for the neighbors, (I do a lot of Christmas baking...)  Christmas dresses and ugly Christmas sweaters.

Then there's wrapping paper and bows and things that glitter and glow.  There's extra gas money to get to Grandma's and to go shopping here and far.  There's extra money for eating out, you know while you're shopping for everyone else.  There's popcorn to string and candles to light, not to mention the extra electricity for all of the sparkly Christmas lights... The list is endless (if you let it be!)

We also have the unique gift of celebrating not one, but two Turkey Birthdays.  Which means birthday cakes, and birthday wrapping paper and birthday presents...

It's enough to make my head spin and spin and spin and spin!!

Until I woke up and found this laying on my "workshop" table:

It's actually two different signs that I'm working on ... the second one isn't done yet ... but this was exactly what I needed to remember:

Merry Christmas. Jesus is: enough.

So thank you God that as we go into the Christmas season that we would remember that the baking, the gifts, the gas, the lights, the glitter is all of this world.  Jesus is enough.  He's more than enough!  May our hearts be pointed not only toward the manger, but also the cross and the empty tomb!  May our minds be that of the coming of the King and not be hijacked by all the things that take our focus off the real meaning of the celebration!

What are you thankful this Friday??

O Christmas Tree, O Christmas Tree!

Last year I had a dream come true.

But, before I get to that I have to tell you a little story about 2 years ago when my dream DID NOT come true.  We were planning a trip to Idaho to visit Hotsauce's brother and sisters and their families.  Like always, we had not planned for the vacation and had nothing saved up.  So we had a two week long garage sale... well over the course of two weeks we had a garage sale from Thursday to Saturday.

I had posted on Facebook that we were having a sale and a friend of ours said that she had a bunch of stuff that she wanted to get rid of ... if we would pick it up we could have it for the sale.  I was giddy.  She was right, she had a ton of stuff on her porch. 

One item was a 6 foot pre-lit Christmas tree.  The only problem with it was that half the lights no longer worked.  As you can imagine it didn't sell.  When Christmas rolled around we didn't have a tree of our own and didn't have the money to buy a new one.  Oh, how I looked on Craigslist and everywhere I could think of for a 9 foot tree.  There were none in my price range for free.

So S.O.S., Hotsauce and I got out the 6 foot tree and sat on the floor and cut the broken lights off the old tree.  And my holiday cheer was more like a pre-holiday melt down.  Imagine, if you will, a grown woman crying as she violently rips lights off of a tree.  I'm pretty sure that I snapped once or twice at my beloved.

After we put the tree up it looked incredibly silly with four feet of space between the top of the tree and the ceiling.  It was not my idea of the perfect Christmas tree.  In fact, I imagined it more like Charlie Brown's Christmas tree.  Hotsauce ended up building me a 2 foot stand to place the tree on and I covered it with old lace curtains.  By the time I wrapped a few presents the stand was covered and I was thankful that wobbly little Mo-Mo couldn't reach the ornaments on the bottom branches.

You may see in this picture "of the tree" that the top of Chubba's head is where the bottom of the tree meets the stand.  You may also see in this picture that Lumpy's past head injuries cause him to growl inexplicably.

Silently I was disappointed in the tree.

Last year though we went to a Christmas tree farm.  And for the first time since I was a young girl I got a real live pine smelling tree.  It was 9 feet tall and fit perfectly in our bay window.  I was thrilled. No, I was thrilledsauce.

But, apparently not thrilled enough to take a picture of the entire tree and just a few snapshots of the kids decorating it.  Actually, Nana S. took a few pictures of us decorating it.

Anyway it was my perfect Christmas tree.  I do believe that I may have silently cried one night after everyone was in bed.  I was in lurvesauce.

Now as we prepare for Christmas this year there has been much discussion about the Christmas tree.  In the beginning of the budget discussions this was an item that Hotsauce promised that we would save for.  I would have my perfect tree and we would still pay the bills.

Last night at FPU we watched the video about paying off debt with gazelle type intensity.  I watched as the CHEEETAH raced after the gazelle and came up empty handed mouthed.  I learned that the cheetah only catches the gazelle 1 out of 19 times... and thought to myself I am not going to be that one!

Can you imagine a gazelle running with a 9 foot Christmas tree dragging behind it?  Wonder which gazelle the cheetah would pick as its next victim?

So the obvious choice is to skip the wonderful nice smelling tree and haul the 6 foot tree out of the storage closet and take another look at the picture above.  I don't have pictures of Christmas trees because that's not what's really important to me.  Those five silly faces are what I took a picture of ... because that's where my heart really is.

I will sing "O Christmas tree, O Christmas tree..

O Christmas tree, O Christmas tree,
Much pleasure doth thou bring me!
For every year the Christmas tree,
Brings to us all both joy and glee.

And it will be true.  Because O Christmas tree tis free and my focus is renewed!  I am excited to put that money towards a snowball and skip the tree chopping!

How's your Christmas shaping up?  What will you be skipping on and what (if anything) is non-negotiable?

Not this time Qubo, not this time!!

We don't have cable.  It's a little hard for us to justify the cost of cable when we are trying to pay off our snowball!  Since we don't have the Cartoon Network or Nick Jr. or any other of the channels marketed towards children we are left with Qubo.

Collect Them All!!! You need these! Or maybe not.

As far as I can tell Qubo is a Canadian network that is filling American children with ideas of what to ask for on their Christmas lists.  They have slippers with ears that cover their eyes.  They have Pillow Pets, Pillow Pet Babies, Pillow Pets that light up and of course, Jumbo Pillow Pets.  They have Bend-a-roos and Floam.  I believe they even have something called Snuggle Up Its or Cuddle Puppets maybe CuddleUppets???... er something like that.


My Turkeys have asked for every.single.one.  There is nothing on this channel that they haven't begged for or sang its jingle non-stop.

Until today.  Today they found the one and only commercial on Qubo that they have entirely rejected.

It was a credit card commercial and I really wish I could remember which brand it was because I would have no problem calling them out.  I think it's disgusting for their to be credit card commercials on this channel at all.  Why do 5 year olds need a credit card?  Probably because while they're dying to have an Obese Pillow Pet and slippers with firecrackers shooting out their backside,  their parents are fed up and keep telling them they can't afford these things.  So the perfect solution is throwing a credit card in the mix!

But, not my Turkey Bottoms... four of the five started a discussion about if this commercial was for a credit card.  They even asked me if that's what it was.  When I confirmed that it was they started booing at the TV!  Mo-Mo of course started booing when the others did, but he had no idea why he was booing!  The Turkey Bottoms also yelled at the TV that credit cards are bad and they will never get one!

Oh, how I love of raising Budgeteers!  :)

But, Dave Ramsey says...

You know when someone shares something really exciting with you... like they bought a new car, or they got a great deal on a washing machine that they got interest free for a year, or they turned in their credit card miles for a new sweater... and as a good friend you're expected to celebrate with them...

Well, I just want to say something like, "Well, Dave Ramsey says, 'You just made a horrible financial decision and here are thirty-three reasons why...'"

I guess you're not really supposed to respond like that.  Apparently people don't want to hear the 33 reasons why they just made a horrible decision about anything.  Who knew?

But, I don't want to glue on a plastic smile and pretend that I'm excited for them.  Because these kinds of things scare the daylights out of me!  It's not that I don't think a new-to-you car isn't exciting, nor do I think that washing machines and sweaters are from the pit of hell ... because I LOVE my washing machine and sweaters are nice too.  I must admit that I have financed a car, bought a washing machine on a credit card and never got the miles to buy a sweater.  And while the car is paid for (and no longer here) and the washing machine is paid for now... it wasn't a good deal.  It hurt us.  Our decisions hurt us. 

Our financial practices were straight from the pit of hell, because they neither glorified God or helped our testimony.  The message of the cross is freedom from sin and a new life in Christ.  The message of a debt-ridden Christian is intentionally yoking yourself to a master of this world. 

So, I need to pray about how to respond lovingly to my friends who are celebrating their new cars, new thises and thats ... instead of silently judging them (or not so silently judging them) and focus on how to be a great friend.  I need to pray that God will give me the opportunity to share how our budget and new money management practices are leading us out of the pit of hell and into a new life and then invite them to join us on this journey.

How many of you struggle with watching your friends make poor financial decisions?  Do you speak up or do you let them make their own mistakes?  Since we've made sooooo many mistakes in the past I also struggle with saying, "Don't do that!!!" when we've been there and done that!!  Do you feel this way?

Thank God Friday - The Little Things

I must admit that I've struggled a little bit with what to write about this TGF.  It's not that I don't have things to be thankful for... heaven knows that couldn't be further from the truth!  It's just that if I write one more blog about how thankful I am for Hotsauce I'm pretty sure that I'm going to have to find an app that gives my readers a barf bag at the beginning of each blog!

There are plenty of other things that I'm thankful for... but I'm trying to get focused on the financial aspect of my life since this is a blog aimed at our Total Money Makeover!

Before sitting down to blog I got our mail.  In it was a "Welcome" card from State Farm.  There was a brief note from our insurance guy, two business cards and also two gift certificates for a free 6 inch sub to Subway!  Can you say awesome?  That's a potential date night!  Or lunch for Hotsauce when he's on the road and a couple of hours of peace and quiet for me!  I'm surprised at how the little things make me so thankful.

We've also been laughing and celebrating our never-ending 5 gallon bucket of potatoes!  At the end of summer a friend of mine gave us some potatoes, green peppers and tomatoes in exchange for some curriculum we had. (I love making trades like this, both of us got what we needed and it was a blessing to both of us!).  A few weeks later another friend had a bounty of potatoes and graciously gave them to us.  They went into the bucket and filled it back up again!  This Monday after FPU S.O.S.'s mama gave us more potatoes and a big bag of onions too.  We've had that 5 gallon bucket of potatoes for a couple of months now and it never seems to go empty!  And it's not that we haven't been eating them, because we have!!

I know that none of these things are huge events.  I sometimes think that a more exciting blog would be one that says, "We knocked out $3,000 in debt this week!"  But, I also remember that we have to be faithful in the little things, acknowledging what God has done for us before we can be entrusted with the bigger things. Much like the Parable of the Talents where two of the servants doubled what their master had given them and the other servant hide his away out of fear.  This is what was said to the faithful servants:

 His master said to him, ‘Well done, good and faithful slave. You were faithful with a few things, I will put you in charge of many things; enter into the joy of your master.’ -Matthew 25:21 & 23

Dear friends as you go about your journey do not overlook the small things.  Give praise were praise is due and work diligently with that which God has put you in charge of!  Be sure to do a happy dance (real or imaginary) to celebrate the goodness of God!