My DH and I have been married for 5 years this August, and for most of those 5 years i've been "kindly" questioning why he still has his motorcycle that he never rides anymore.
I'm excited to say that this weekend we are FINALLY selling his motorcycle!
He found a used dealership that will give him $1500 for it, which we both feel is a fair price. We will also be saving ~$22/mo by cancelling his insurance (it's separate from our car insurance.) We had ear-marked this money for the tree removal we will be doing this fall, but since we still have some things we are wanting for our house (some new bedroom furniture to try and make extra space in our really small bedroom) and he also wants a PSP (he games a lot on his phone/ipad and he wants this for when we travel) I think we are going to set aside $1000 for the tree removal and use the other $500 for the bedroom/psp. Our credit card debt should be paid off in the next 2 months and i'll be able to easily pay ourselves back the other $500 for the tree removal. I'm so excited!!
Good convincing it sounds like! I think in general some motorized toys don't add up much on insurance, but it can be questionable if used. I really want a boat for years, so does DH, but we've never went ahead and purchased, probably won't ever get one just on this reason, will we actually use it enough? Sounds fun in theory though!
No exciting mid month finance talk. I have been reading some of the other budget board posts on Intersection of Fire and Disney, and checking out a few financial podcasts and YouTube. Some shows are interesting, some are yet just more people coming out of the woodwork to try to be Youtubers and podcasters that seem to hope to be the latest financially savvy person to listen to (way too many out there) and to try to make a following, but it's all more of the same, heard it pretty much all before, and rather make up my own mind what to do. It is pretty amazing though how much "stuff" is out there, almost too much noise. Still, it's something to put on for walks if I'm not in the mood to listen to music, series (i.e. Blackout, etc.) or listening to Disney podcasts.
-Emergency fund going along now at $1500.
-Maxed Roth IRA for the year.
-Still saving monthly other savings for Christmas, insurance, registrations/sports, medical bills, vet bills, etc. in Ally.
-Definitely stopping ESA investing next year.
-Pay car payment as is monthly until later next year, front load Roth investing again, then pushing extra money at car along with freed up ESA money, likely to knock it out by Dec 2021 or not much after.