Money is a little tight right now for Matt and me. Nothing serious--just a lot of expenses are piling up.
- We decided to refinance our mortgage. We brought our interest rate down from 6.375% to 4.75%. It will take us about two years to recoup our closing costs, but after that, we'll save $188 a month, which adds up to $2,256 a year. It seems worth it in the long run (although it sucks to fork over thousands of dollars for closing costs!).
- We are finally getting a fence put in. Our poor bloodhound has to be tethered to a long cord every time he's in the backyard. The cord is usually stretched between his two legs, which makes him waddle. I think he's starting to get a complex. We're having a company put in an iron frame, and then we are going to attempt to attach wooden slats (like the fence above). We'll see how it goes.
- Matt needs to get a new car soon. His car has over 100,000 miles, so we're getting to the point where it doesn't make much sense to keep putting money into repairs. He wants to get a Honda Insight, and there's no way we can fork over $23,000 in cash, so we'll have to take out a loan. Our plan will be to repay it as quickly as possible to avoid paying a lot of money in interest. I hate interest.
- We just spent approximately $1,500 to repair the aforementioned car.
- We need to get a new rug for the living room. Hoss had diarrhea on my old Swedish one from IKEA. Sorry for being so graphic. We're going to get a flor rug, so we can take out one panel at a time and wash it in the sink. Very dog-friendly.
- We want to get a used leather couch, so we can simply wipe off Hoss's dog hair and bloodhound slobber. We're looking for a used one on craiglist, but it will still be a hefty chunk of change.
- We want chickens! And the coop I want is really expensive. I know it would be more budget- and eco-friendly to make our own from used wood, but I'm really compelled by the concept of "easy clean" surfaces. I think our first forray into raising barnyard animals should be as simple as possible.
- Oh, how could I forget our big annual trip abroad? Oy vey! That trip will be about $6,000.
- And I need new running shoes. I've been wearing mine for a year and one month. Aack!
Long story, short: I am so, so glad we didn't go into debt while trying to plan our wedding. Debt is the worst because you end up paying more money for things you've already purchased. Yuck.
How are you doing (or how did you do) with staying out of date to have a wedding?