The month of February has eaten a lot of our money up. Money that we did not have until January. That was rather quick, but we had planned ahead. We had very little saved but then we had our taxes done the third week (I believe) in January. It is hard to explain but what it boils down to with hubby winning the truck from his company they added the winnings on to his income because it was over a certain amount and then they helped pay the taxes on it and we were out some but very little. We had to pay into state and we got some back and got to keep the extra on the truck tax. Don't try to understand, it's complicated. Kuddos to you if you do. Our accountant did it, called the IRS and we got it figured out. Basically we came out to the good and decided to do some things.
We paid off 2 medical bills, bought and paid a contractor to install the play yard. We also had my Mom's birthday party, started a savings account, bought the boys clothing and things they would need for the summer, paid for huge dental visits for me, planned their(the boys) birthday party next month, planned an overnight trip and a singing for hubby's birthday next month. We also paid on a cookware set we bought (MISTAKE......don't ask). We also had a few of other things to pay for outside of the regular spending.
So, there you have it in a nutshell as to why the cost of this month's spending is so high. However, we had planned ahead.
Hubby is hoping to sell the old red truck and get a smaller one to drive back and forth to work.
We still are going to open the boys savings accounts this month as well and that will serve as college funds.
So, how are sending/saving your your tax refund?
Thank you for sticking around and many blessings!