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Dipping Into Savings ......ACK!!!

October 8th, 2006 at 03:09 am

For the first time since I officially retired at the end of June, I had to withdraw money from savings to pay the monthly bills here. And, there will be another withdrawal for the property taxes due on Halloween.....

I'm feeling more than a little concerned about this turn of events. Especially since I am turning down the part time job event this week. There certainly isn't enough in the old savings account to continue on at this new pace....so, another solution needs to crop up: And Quick too please???

Getting another "real" job will be the last straw.......I'd still like to try to paste together some more of my fun types of money making events here, like my knitting and sewing. I guess what I need to do is decide how far down I will be comfortable taking the savings; just how low will I go??

As of Dec 1st, the other property will begin to hold it's own, with the rent covering the mortgage, taxes and insurance. I've been paying these expenses since Aug 1st, while the whole place gets refurbished. I know this isn't the entire problem; but the leak from savings will slow a bit when the new lease takes effect.

This certainly has been an interesting year........

1 Responses to “Dipping Into Savings ......ACK!!!”

  1. lrjohnson Says:
    1160326517

    Trary-
    I'm just now catching up after my little excursion. You make your journey so clear in writing, I feel I haven't been gone.
    This may sound silly, but would you read your 9/15 entry again? There is much in there that may re-focus you now. I think a small blip is okay and to be expected and you will make plans that will get you away from spending from savings.

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