Thursday, August 07, 2014

Chitown is Moving & Moving Forward....

Hi Everyone!

I am alive and very well. These last two months have been super busy. Over the past two months, I've traveled for work, family and pleasure to Toronto, Detroit, Wisconsin, Dominican Republic, Indy and back to Toronto. Not to mention, I interviewed and accepted an offer for a new position with the Bank. It's been a whirlwind. 

I started my new job on Tuesday and it's been a busy first three days. I'm exhausted! It's compounded by the fact that my evening flight from Toronto to Chicago was cancelled Monday night so my friend and I (who was traveling back to NJ) had to rent a car and drive back to Chicago so I could be home for my first day of work. It took 8 hours with my lead foot and we made it back by 4am. I got her settled in the guest room and got about an hour of sleep before getting up for work. Crazy! 

I have some really good news....I signed the lease with the new tenants last night! Security deposit in hand, Chitown is moving out the condo! Hard to believe. I have my folks and friends coming to help me pack and move. I will need to hire movers for the heavy lifting. It's all coming together though. I made probably the best financial decision of my adulthood when I decided to lease my condo. I have a plan. I just need to keep laser focus to execute the plan. More to come. 

Hope you guys are doing well! 

Monday, July 28, 2014

Open House…

The Open House on Saturday went really well. There was a lot of interest in the Condo and I am supposed to narrow down the choices today to three candidates. I already know my first candidate so hopefully everything will pan out with the credit check. I am making the condo available Sept. 1st and that also works well for the tenant and her husband. We should have the rental agreement signed next week. There is a lot to do in the next month, including starting my new job on Tuesday. All good things through and I am moving in the right direction.  

Have a great day! =)

Wednesday, July 23, 2014

Started Packing...

The rental listing went live on Tuesday and there's already a lot of interest in my condo. There's an open house on Saturday and two showings on Friday. I even started packing. Wow! It's real guys!

An old childhood friend and I that reconnected with a couple years ago saw the listing and is bringing her hubby by to see my place soon. She's already been over for game night and fell in love before. She'd be a great tenant. We'll see what happens. I spent some time today drafting and editing the lease agreement. I'm ready to be free. =)

On another note, my seventh grade boyfriend found me on LinkedIn. LOL He always contacts me every few years and we've maintained a friendship over the years. His Mom passed away halfway through the school year and I will always remember how sad we were when he had to move away to Maryland to live with his Dad. We wrote each other for a while but eventually that faded. Anyway, he lives in Ohio now. He's recently divorced with no children. We're about 2 months apart in age so it's been interesting chatting it up. I think he's planning to drive in for a visit soon. I haven't seem him in at least 10 years. Should be fun. We're kind of two peas in a pod. We've been on the phone having 3-5 hour phone conversations. Just crazy. I'm like...I need sleep!! It's cool though to catch up with him. We were really just flirty best friends in 7th grade. So we'll see. I shared my journey with him and he's also supportive and encouraging of the move home and thinks it's a great idea. So we're both in transition and after a fresh start. Nice! 

Hope you guys had a great day! Just wanted you guys to know I am moving full steam ahead with leasing my condo so I can be debt free sooner rather than later. =)

Friday, July 18, 2014

Spirit of Chicago...

My current view from the Spirit of Chicago Ship. We are having our Summer Outing at work today and the weather is perfect. So happy! I love Chicago!

Thursday, July 17, 2014

Spending Pause...

Working from home today.  A handyman is supposed to come by this afternoon to do some work on the condo but he ran into an emergency at another appointment.  I am not sure if he will be able to make it today.  It's not a biggie.  If he needs to reschedule, then my parents or my sister will cover the next appointment. 

I am winding down my current position.  I held a successful close-out meeting yesterday on the Review I was leading and now I am pretty much coasting to the finish line.  My last day is July 31st.

I am going to send an email out to my friends and tell them thanks but no invites to anything expensive for the next year.  This month hit my savings big time with the Trip to Punta Cana and paying for the flight, hotel and party tics for my trip to Toronto's Carabana to celebrate my good friend's 35th bithday.  After August, my savings will be on life support with $2K in my eFund and $2K in other liquid investments.  It was so worth it all and I will survive but it's definitely time for a Spending Pause! 

I just feel so good about the decision to rent my condo out and move back in with my parents for the next 12-24 months.  I am over there 4 out of 7 days already and I literally get home just to sleep in my condo.  In that time period, my goal is to pay off my Private Student Loans and Credit Card which totals $113K combined.  With diverting my mortgage savings, my new $115K salary, target 20% annual bonus that pays out each December and my stock options that pay out in December 2015, I should be able to reach my goal and it's going to be a great feeling to get that worry off me.  Paying that debt off increases my cash flow ~ $900 per month so that will be more than helpful and wonderful.  Then I will tackle my federal loan debt with much more ease but I am definitely thankful for the fixed rates.

I am trying to pump myself up to pack. LOL  I go to Indianapolis this weekend for my family reunion.  Then next weekend is the open house.  After that, I will have the movers come to move my heavy furniture over to my parent's house and take boxes a little at a time to storage and their house over the next couple of weeks. I've been in my condo for 11 years so I will definitely take this opportunity to purge and bless someone else that may be in need.  Exciting times!

Monday, July 14, 2014

Moving Forward & Back to Work...

Thank you for hanging with me while I enjoyed the best 2 Week Vacation ever! It started out with an impromptu trip to Wisconsin Dells, then enjoyed the 4th holiday with family and a music picnic in the park. I ended with a 5-Day vacation in Punta Cana. I am truly blessed and now I am rested and relaxed.

July has been a very expensive month and my savings will surely be nearly depleted in August but I am okay with it all and at peace with my fresh start. I should have close to $4k at the end of August. I am closing out my time in my current position with the Bank and I start my new job on Aug. 4th. Very excited to move on to bigger and better things.

I am also moving forward with renting out my condo and moving back in with my parents so I can make some real progress with debt repayment. My parents are thrilled to have me and I need the help. They offered to give me space in their home and that is priceless. I am very thankful.

I signed the listing agreement with the Realtor on Friday to lease the condo. They are coming to take pictures tomorrow for the MLS listing and will hold an Open House by the end of the month. She thinks that the unit will rent fairly quickly and that I can get ~ $1,600/month. My mortgage (including taxes), assessments, water and home warranty total ~ $1,325 so the extra will cover a storage unit for my furniture and any $75 deductible needed for home repairs under the home warranty. I have a few repairs to make on the condo and have engaged a handy man already. He came on Saturday and should be back to do the work in the next week.

More to come... =)

Monday, July 07, 2014

Punta Cana...

This is my current situation. Absolutely stunning. The different colors of oceanic turquoise never ceases to amaze me with its beauty. The water is nice and the beach is perfect. I have no other plans than to rest, relax, drink & eat. Cheers!