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My report card for 2009

January 3rd, 2010 at 10:11 am

I'm not at all proud of it, but here it is.

Goal #1 was to increase money paid to credit cards. My grade is an F. Instead of paying down credit card balances, our overall total is up by $4,035!!
Goal #2 was to lose weight. My grade is a D-. I didn't lose and I didn't gain. Well, more accurately, I lost a little and gained it back. Hmmph!
Goal #3 was to declutter. My grade is a C. There was at least some effort here, even if there wasn't much improvement. This is totally subjective, of course, but my instructor (me!) is tough and expects a lot.
Goal #4 (although it wasn't written) was to decrease grocery spending down to $100 per week. My grade is an A-. This one I am very proud of. I REALLY tried, but maybe that amount is too low for us. DH is frequently saying "We've been out of (fill-in-the-blank) for a few days now. When are you going to get more?" It's usually something that I knew we were out of but skipped it for a day just to stretch the budget. Things like milk or bacon. Other times, it's something that is over my personal max that I'll pay. Cheese goes on sale so often, and many times I'll have coupons, so I just wait....LOL. Anyhow, back to the report card. Although I didn't get us down to $100 per week, I did drop our overall grocery spending from $6,974 in 2008 to $5,820 in 2009. Coupon savings went from 31% in 2008 to just 26% in 2009, but the average per week dropped from $134.11 to $111.92. That is definitely something to be proud of!

The report card may be bad, but I'm not a quitter! I updated the sidebar with some 2010 goals that are a little more specific. #1 may be accomplished when we wrap up the refinancing process we're in the middle of, since part of the refinance is to lower our interest and payment, but some of the credit card debt will be part of the refi. So, technically, the debt will be reduced, but if it just increases our secured debt we haven't gained much. I'll worry about that when the time comes.

Just for fun, and for something for reference, my 2009 totals for odd things I track were:
Found on the ground: $2.34 and 11 forever stamps = total of $7.18 for 8 months
Rebates: $871.27, plus another $60 pending. This is a little misleading since it doesn't include the many gift cards I got from credit card rewards, and used for gift-giving. But it's still a nice chunk of change.

I haven't yet decided how I'll track the grocery & coupon savings. It's a little time-consuming how I do it now in Excel, so I may come up with another way by adding a category in Money since I already record everything there. I've been double entering, in effect, and that's not really efficient.

Wish me luck!!!

~~~~~
My accomplishment for today so far (other than organizing info for this recap) has been entering 22 codes in mycokerewards, bringing my total points to 1566. Now if only I could find something I actually wanted from there!

3 Responses to “My report card for 2009”

  1. fern Says:

    Yes, that is a very nice chunk of change.

  2. baselle Says:

    You have one win. Celebrate that, learn your lessons for both the wins and losses and remember its a new year with new possibilities. Congrats on the win!

  3. frugalgal Says:

    I agree! Great job with the grocery challenge...that's what I'm trying to do right now. It's the only thing in my budget that I can make the most impact on (while I'm trying pay down credit cards, car loans etc...). I love reading other people's blogs and seeing how they do it.

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