Home > A Mishmosh!

A Mishmosh!

January 28th, 2021 at 07:30 pm

This is probably going to be a bit of a scattered entry.  Stream of consciousness lol.

2020 Taxes - 2020 W-2s became available from my employer early this week.  I went ahead and entered it, and entered an estimate of my mortgage interest (I have this info already), my share of the building mortgage interest, and my share of the property taxes (these are both estimates based on 2019).  Based on these numbers, it looks like I am still better off by a few thousand dollars using the standard deduction, and early estimates show my federal refund coming in at $2k.  I know this can change a lot as you move through the different steps so I am not holding my breath yet lol.  Hopefully the info on the building comes in the next few days, and then I can go ahead and complete my taxes and know for sure what I'm getting back and when.  Either way, whatever I get back will be divided between extra debt pay down and getting at least a baby EF going since I have not been able to add to savings yet via paychecks.  Once my 2020 state refund is received, I'll go back and file the amended state return for 2019 to claim the additional money I think I'm due back for that year.  Since that has to be filed with a paper form, I don't want to hold up 2020's returns/refunds by doing so.  

Payday - it's tomorrow and I am hopeful that the changes in withholding that I made move me in the right direction.  I am looking at a budget shortfall of $163 (based on previous take home), and that doesn't even include spending categories such as groceries etc.  So we shall see what's what after tomorrow.  

Amazon returns - one more processed, and so there's only one more outstanding.  Hopefully that will be processed soon.  Right now my gift card balance is $36.22, and will be around $88 or so when the remaining return is processed.  Haven't decided what I am going to spend that on, but I'm in no rush.  I also have $19.60 in Target merch credit (can only be spent in store).

Tuition reimbursement - My company announced today that starting in 2021, they are offering tuition reimbursement as one of our benefits.  This got my wheels turning.  I did not finish my degree, and it's always bugged me that I have student loans (low as they may be) without a degree to show for it.  I have proven that I don't need a degree at this point in my career, but it would be helpful in terms of obtaining a common certification (the years of documentable experience needed are less with a degree).  It's a great thing to put on my resume, and I know for certain that my company would pay for the exam fees.  So, I am looking into degree programs, and pondering the thought in my head.  I would likely be attending one of the state univerisities, and full time tuition for the year is around $7k plus fees.  My company would reimburse $5250 per year.  I have to work out how long the program would take based on my current credits, and how much it would cost, and what I would end up paying out of pocket.  Still lots and lots to think about.  But I think overall it would be a good idea, even if it ends up with me taking on a small amount more of student loan debt.  I gotta play with my spreadsheets lol.

Otherwise, keeping spending very tight is still going well.  Starting to plot out getting my spending categories/slush funds to eventually be funded (well, I can't fund them yet, right now we are still in the discovery phase haha).  Weight loss journey is going well.  Sticking to my plan, annoyed with the scale being slow to respond, but that's kind of what they do so....

2 Responses to “A Mishmosh!”

  1. CB in the City Says:

    Actually, it's a very well-organized post!

  2. rob62521 Says:

    Wow, lots going on!

    What a great resource -- tuition reimbursement! You'd be silly not to take advantage of it! Good for you! My dad always told me it might only be a piece of paper (diploma), but no one can take your education or diploma away from you.

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