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Productive Snow Day

February 13th, 2014 at 12:25 pm

This is the second day this month I have had to close the tutoring center due to snow. I finally got my W2 from my past employer yesterday and did my taxes first thing this morning. I am proud to say I was done with them by 8am. This was probably the most complicated return I have ever had with opening the new business and having the freelancing business as well.

I am usually quite good and within $200 either way (refund or owing) every year. By time all was said and done this year (triple checking EVERY detail), we are getting a refund of $2040! Of course, I have it all allocated already.

We will keep $240 and go out to a decent dinner and purchase a few worn out clothing items.

The remaining $1800 will be paid out as follows:

-$800 for new brakes on my car, a timing belt on hubby's car, and two tires. None of these items are absolute immediate needs, but are at the point they shouldn't really be put off for long either.

-$400 to pay off the credit card I used in December for a new laptop to avoid the emergency fund (credit card also doubles the warranty). I don't like having a credit card balance at all! I would have normally have saved up for the laptop, but last year was so out of whack with the new business. Looking forward to a more stable year in 2014.

-$600 to the emergency fund.

On top of taxes, I also caught up on laundry, wrote three freelance articles, and did some virtual assistance work. So much for relaxing on a snow day! I must say though it is quite satisfying to get it all done....for today. Tomorrow I took on four mystery shops (I am trying to build our savings up as fast as possible)and of course I will be tutoring as well. By time Saturday hits, I may sleep half the day.

Hope everyone is staying safe and warm!

3 Responses to “Productive Snow Day”

  1. creditcardfree Says:

    Great plans for your refund!

  2. snafu Says:

    Great job on getting taxes submitted nearly instantly having received the missing W2. Hope it's ok to mention...typically the water pump and seals are replaced with the timing belt which adds to your anticipated costs. Best to discuss this with your mechanic so there are no surprises.

  3. nhgirl1970 Says:

    Thanks for the heads up!

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