Tag: car accident

Car Update

January 04, 2018

Hey Everyone,

So in September, I was in a car accident. Both my boys were in their car seats. Everyone involved was okay. Thank goodness. I couldn’t imagine what would have happened if they had been hurt. It was only the car that was totaled.

What happened was it was during evening rush hour and we were on our way to the gym to do swim lessons and my training. Everything was stop and go, and the vehicle in front of me stopped suddenly and well. . . the car didn’t exactly stop at the same time. The other person’s vehicle barely had a scratch on it, the bumper came off. And they were super nice and understanding.

We couldn’t drive the car safely anymore. Since Husband had been with his brother at the time (BIL1), BIL1 drove both of them to the accident and so that Husband could drive the car straight to our house until we could find an alternate solution for the vehicle.

Over the next day or so Husband and I were very upset with what had happened because we couldn’t afford to replace the vehicle, make a down payment or make monthly payments, or so we thought.

I called my friend, Mediocre Supermom, and her husband,  Mr. Smith to see what the best options would be for a car replacement. Husband and I know almost nothing about cars and we’re not going to go to Husbands parents for help. I’ve known Mr. Smith since I was like 6 years old, he’s like an older, bigger protective brother so I trust him to help us find a vehicle.

In the end, we got the same exact color, make, model, year and mileage as our old one. I know, super original, but like I said, we know almost nothing about cars and knew we couldn’t afford to have a large monthly car payment so we went back to what we knew, Ford Taurus.

Mediocre Supermom and Mr. Smith loaned us the down payment, which we are paying back to them in monthly installments. The vehicle loan amount came out to be reasonable monthly installments with low % interest, $117 for 36 months at 3.5% interest. And since I constructed my spreadsheet in Excel for my bi-weekly paychecks I was able to calculate what we could do to pay everything down as fast as possible in 2018. It is expected that we are finished paying off Mediocre Supermom and Mr. Smith in February and finish paying off the vehicle in May.

Next time we need to get a new vehicle, we are going to get a large down payment and research what safety features we want to be included. Because while this is a great vehicle. 2005 is getting a little older and so maybe we can upgrade to 2015 model, that fits in with our budget, and not have it be out of desperation to get a replacement.

I am so grateful for having amazing friends. We wouldn’t be able to make it without their friendship and support. Especially on this crazy journey.

See you on the other Side.

Advertisements
Recap of 2017. Welcome, 2018.

Recap of 2017. Welcome, 2018.

January 02, 2018

Hey Everyone,

The last time I spoke with you was in September. Wow! It’s been so long. I know I kinda went off the face of the Earth but I kinda had a whirlwind of chaos enter my life. Don’t you hate when that happens? I certainly do.

Well, I was in a car accident and totaled the car. Everyone was okay, including the other person I was in the accident with and my boys who were in their car seats. It was one of the scariest days of my life. I will go over at a later date in more detail about what happened and how we were able to replace the car within a week of the accident. That was the end of September.

After the accident, I decided that instead of trying to work a budget out every month and not being able to see into the financial future that I would use Excel. At first, Husband thought that I had gone and lost my mind when I made this document, but after I had it set up how I wanted he was a little impressed. I didn’t organize it by month because we get paid bi-weekly, and that would frustrate me to no end. So I did it by paycheck and then put in the amounts that are expected for income and then what bills are coming out in the pay period. All across the sheet until the end of the year. When I put in the formulas the numbers would change accordingly, which is exactly what I wanted so that I can see ahead what time frames are going to be hard for us and see what we can limit, or use some savings on. (Also, if you look the savings is only $75 which is the automatic transfer that happens from the bank each month, not including the automatic savings that comes from my paycheck each pay period, so that is slightly misleading.) I already started putting in the numbers for the 2018 year using expected numbers.

I swear the hardest part was the pie charts. The chart down below in the Expenses for the 2017 year from 10/06 to 12/28. I cannot put the income chart for that same time frame due to legal reasons with my company, but just know that during this time I made 71% of our income.

2017 Expenses Pie Chart

For some strange and blissful reason, people started panicking and calling the call center so the Overtime opportunities got greater and well before OEP started I was working 50+ hours a week, leaving me super exhausted. With the car totaled and needing to pay off the replacement, I decided to throw myself into working as much Overtime as possible. From 10/15- 12/08 I worked Monday through Friday from 4:00 AM to 8:00 PM with two 45 minute breaks before and after my regular shift to have breakfast and dinner with my family. Working Saturdays and Sundays was super difficult but I also worked from 6:00 A.M- 5:00 PM. 8 Weeks straight. I even got sick in the middle of November and had a fever of 104 degrees, with body aches, headaches and some vomiting and diarrhea. Not pleasant, but I pushed through and worked my butt off. I knew that it was worth it in the end.

I did get Thanksgiving off and spent it with my family and some very close friends.

Husband also started his job at Wal-Mart as a courtesy clerk, a.k.a. cart pusher. Since he has classes Monday through Thursday, he works Friday through Sunday. It isn’t the most glamorous job, there are days he comes home telling me about someone ODing in the parking lot, getting yelled at for closing the doors when the person’s vehicle is “Right there” and even, getting told that it is a shame that he can’t do better, on and on. We know that this job is only going to be temporary, i.e. a year. It is a temporary situation to a permanent solution.

Also, you know that chore chart stuff that I made for the boys at the beginning of the school year? It didn’t work for very long. Not because the boys weren’t doing the chores, but because they were too easy. I’ll tell you more about that in a little bit.

The last thing that would be a great thing to acknowledge is that I am so grateful to my company to allow people, such as myself, to be able to turn in our unused purchased PTO and get it the first paycheck in December. Even though we were financially stable and could have put the money towards paying off our “new” vehicle we decided to use it for Christmas gifts for the kids and family. It was our fail-safe measure to make sure that no matter what, we didn’t dip into our Christmas savings. It definitely worked.

Welcome, to 2018. Even though Husband worked New Year’s Eve until 11:00 PM. We did a mini celebration on his lunch break for the kids at 6:00 PM. This is the year that we are buckling down. We are using our Excel document, doing as much overtime as we can stand, and just making it through this year. I will still be running, but not as much as I would have hoped. This is going to be a bumpy road.

See you on the other Side.