GI Jane Finances

June 28, 2009

Purge

Filed under: Uncategorized — gijanefinances @ 12:22 pm

I just purged a safe that had info all the way back to 1998. Fortunately, I found the receipt for the 32 inch Samsung that was purchased in 2006 for $1299. Yesterday, I saw that a 32 inch JVC or Panasonic for about $477! It looks like my next purchase in a couple weeks will be a LCD four hundred something flat screen. I wasn’t sure if I needed to go through TV withdrawal while waiting for the shipment to come into Korea. I paid three times the amount three years ago. Who said that this recession sucks? OK, it does, but the bright side is everything on sale. Didn’t like that aspect so much when selling my house last year :).

I found my ING bank account info. I haven’t used it in several years. But now, it will be used for a house downpayment, car and vacation funds for automatic contributions. The only auto-pilot allotment I have is the Roth. Can’t wait to get everything rolling. Off to set up the accounts…

GI Jane

June 27, 2009

Woohoo!

Filed under: Uncategorized — gijanefinances @ 7:32 am

I just reduced auto insurance by 50% for two cars. Since both cars (one in Korea and the US) are at least 10 years old, I changed the policy to liability only. I currently pay $97 a month for the US car that is only driven twice a year. I pay the Japan auto insurance in one lump sum. So, the grand total per month will be $56. Very delighted. Another reason why buying used cars and keeping your car for ten years are lighter on your pocketbook

GI Jane

June 26, 2009

Random update

Filed under: Uncategorized — gijanefinances @ 8:22 am

My car still has not sold.  I think I am asking for too much.  It would be nice to have it sold in the next two weeks.   I should have posted the car online through an ad service earlier.  This weekend will be shredding and organizing stuff to prepare for the move.  Still need to file my travel voucher from Korea (won’t get any per diem).  I have about $7200 left until next payday.  On track to accumulate about $1ok prior to my move next month.

Projected budget post-move:

$6986 every month. 

Rent/utilities: $1602

Roth: $416

Cable: $60 (may be lower)

Club dues: $15

TSP contribution (19%): $1277

Auto insurance: $150 (estimate)

Phone: $30

Savings: $500

Extra payment on rental: $700

Clothes: $200 (still contemplating this, may just pull it out of cash flow)

When the smoke clears, the budget will still leave $2036 left unaccounted for.  I didn’t put in food and entertainment because it is so variable.  In a spendy month, food/entertainment would be around $1k.  So, realistically I have $1,000 left for savings or whatever.  Once upon a time, it would have gone to student loan repayment, credit cards or auto.  Proof positive that being out of debt = freedom.

GI Jane

June 21, 2009

Moving on up

Filed under: Uncategorized — gijanefinances @ 8:03 am

I just got back from Korea. The visit was the best turnover I have ever had. The person that I am replacing next month really ran a good shop. It is the best looking office of my career to date. I have a conference table, flat screen TV, conference phone, cameras etc.. It is bigger than my current boss’s office. Three Korean nationals who will work for me have been there for at least a year. I happened upon a 1 day conference where it was a good chance to meet my counterparts. The day concluded with an on camera interview and a band performance. I also got to meet the big boss. I think I will enjoy working for him.

I had planned to live on base like I did in Japan. I do enjoy walking to the commissary, club, post office and gym. But I also live in a dorm which was fine when I moved here to save money. Since I do not have to worry about selling a house, there is a lot more financial freedom. Plus, the roads are bigger in Korea and they drive on the right side. So, after checking out the housing on base, I looked at off base apartments. I found a brand new “smart apartment” a ten minute drive away from work. The view is spectacular. It has hardwood floors and ceramic tiles. A washroom with a washer and dryer. It will be furnished with a bed, sofa and dining room set. Everything is electronic, even the lock. I can press a button and the door opens automatically. It is like a penthouse apartment. The best part is that the rent matches my overseas housing allowance. I also get a utility and move in allowance.

I am very happy about the move and upgrading my living arrangements. Living on-base in Japan was a good experience and very cost effective. But now I can entertain guests and host parties without being slightly embarrassed. Plus, I plan on buying furniture…already found a cute piece for $240.

This move will really test my saving and spending rates. I may sign up for an additional year. If I do that, the military will pay me $300 a month. The only downside of the move is that I will be leaving someone who became very special in the my last days here. If that develops, I may leave or hopefully have him join me next year. I definitely have the living arrangements to support that. Maybe more to follow on that front.

Sayonara for now,
GI Jane

June 6, 2009

Car for sale

Filed under: Uncategorized — gijanefinances @ 8:06 am

No bites on my 93 Toyota Camry. I have it listed for $1000 with JCI (worth $200) already paid for until 2010. Hopefully, I can get it sold by mid-July.

GI Jane

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