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23 June 2016 @ 09:39 pm
Money matters  
Bonus time! I thought we weren't getting bonuses this year (or at least that I wasn't) as we normally know by the beginning of June, but they left it till the last minute to tell us this time. It's not a huge amount but it's extra and very much appreciated. Normally with a windfall like this I am very responsible and put a third into savings, a third into debt reduction and a third to spend, but you know what? I think I'm just going to blow this one completely. Thinking about a new PC, among other things.... anyway, until I decide I'll squirrel it away into a separate account so that I don't dip into it.

Anyone else nervous about the Brexit vote? I'm sure I'm not going to wake up and find that the world has ended, but there have been so many dire predictions of market slides - even for those who aren't directly exposed to the share market, they're indirectly impacted via their super funds. I don't have enough working years left to recover from a large loss at this point, so fingers crossed that none of the predictions come true!

And the really exciting news - *cue anticipatory drumroll* tomorrow I make the final payment on my mortgage. Give me a Woo! Give me a Hoo! In nine months' time I'll have paid my car off as well - not bad considering I bought it in October last - and then the champagne corks will pop!

My sister told me something interesting just recently. Apparently she was talking with our dad in 2001 not long after I'd split from my husband, and she said she was worried about me, taking on a higher mortgage by myself and being a single parent and all. Dad told her not to worry; that of all his kids, I was the one he reckoned was most likely to do okay financially. I wish he'd told me that, at the time - the day that the mortgage solely in my name settled (paying out the joint loan plus extra to buy out the ex) I was out the back of the branch vomiting, I was so worried about my future. I could have done with his moral support that day, for sure.
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Spencer's Journalspencer5460 on June 23rd, 2016 12:03 pm (UTC)
How wonderful for you! I'll be paying off my mortgage, too, in a few months and, though my house is not luxurious, I'm PROUD dammit. You should be, too.
We want to throw a mortgage burning party but were warned it was in bad taste. What??? If people can regale us with tales of their African safaris, show off their Manolo Blahniks and throw their children weddings fit for royalty, I can certainly give a little squee that I paid off a debt.
As for the bonus - I say "treat yourself. You've earned it."
PS We can't worry about everything that goes on in the world, especially when they're out of our control. All we can do is make wise plans and go from there.
miwahni: S&H Mean Streetsmiwahni on June 25th, 2016 11:28 am (UTC)
Oh I AM proud, definitely, although it still feels not-quite-real. :-) Good on you for nearly being there, too.
I think the people who are telling you that a mortgage-burning party is in bad taste are probably feeling more than a bit uncomfortable / confronted by the fact that you've done this - they're probably mired in debt still because of the very royalty-weddings etc that you cite above. You go ahead and throw your party; not your fault that they have put a conspicuous consumption lifestyle ahead of debt reduction.
Spencer's Journalspencer5460 on June 28th, 2016 12:43 am (UTC)
In re-reading my response, I can see it sounds much more bitter than I intended. I certainly don't begrudge anyone financial success, and usually enjoy hearing about the adventures of others. I guess I just don't like when people look down on me and minimize my achievements just because they are small in comparison.
Ugh. That sounds bitter, too. Anyway, I assure you I'm not normally a bitter person.
miwahni: S&H Tomatomiwahni on June 28th, 2016 11:43 am (UTC)
Oh I did't think you sounded bitter at all and I well believe you're not a bitter person, you don't come across like that.
Trepkos: Antpersontrepkos on June 23rd, 2016 12:56 pm (UTC)
WOO HOO!!!!
miwahnimiwahni on June 25th, 2016 11:28 am (UTC)
YOU SAID IT!!!
Merlin Pendragon: CH - Friendsmrlnpndrgn on June 23rd, 2016 01:38 pm (UTC)
Bravo for conquering the mortgage!
I had this pleasure too sometime in 2011 (I think).
But the conservatory kind of took me back in mortgage land.

Still have 5 years to go :-(
Still... it's only 5 years (and not 25!)

Re the bonus :
In 1999, I won a raffle during an Oracle event in LA. The prize was a truck (a real one, fully equipped). I only had to pay US taxes on it, and transport back to Canada.
I asked them if I could have a check instead (only cost a stamp!).

A co-worker asked me if I would put the money on the house,
My answer : the house would pay itself, in time.

And I spend 6 weeks in France/UK.

Looking back, it's not the most sensible decision I could make, but I had a great time, and I do not regret my choice.
I did change all the house's windows, so all was not wasted :-/

So I say, enjoy yourself!
miwahni: MFU  Fascinatingmiwahni on June 25th, 2016 11:32 am (UTC)
Five years isn't too bad, and you've got something to show for it; it's not as if you've just squandered the money.

The holiday you had has given you memories to last a lifetime. I don't regret spending money on overseas travel - could have paid my house off around a year or so earlier but I chose to see some of the world and I don't regret it one little bit. So I can't agree with you that your trip was not a sensible decision - it was. Unlike buying something - where the gratification ends quite quickly - you have had a holiday that will stay with you forever. Money well spent, I say!
Merlin Pendragon: Earth Rise Animemrlnpndrgn on June 25th, 2016 01:10 pm (UTC)
Money well spent, I say!

The best part was that I didn't have to feel guilty for spending money it would have taken me years saving in a bank account :-)

That made the trip even more enjoyable!
Strike while the irony is hot: [EMATE] FANTASTICdraycevixen on June 23rd, 2016 08:30 pm (UTC)
What with making the final payment on your mortgage (\o/) I would say you more than deserve a treat with your bonus.
miwahni: Pros BD tablemiwahni on June 25th, 2016 11:34 am (UTC)
I like the way you think! *g* So why do I still feel so guilty at the thought of just blowing the money? *sigh*.
I'm still going to blow it, though
sunray45: B&D Jumpsunray45 on June 24th, 2016 04:03 am (UTC)
A big WOO HOO! from me. That is fantastic. No more mortgage repayments to worry about. Yes for spending your Bonus on yourself; you have earned it. *HUGS*
miwahni: Pros B&D You'll Be All Rightmiwahni on June 25th, 2016 11:35 am (UTC)
Hee! Love your icon, btw. Huggles to you too... don't see you round here too often lately and it's nice to see you again!