I haven't made an appointment with a lawyer for a will - BUT Jordan and I did have some good conversations about who/how/what in terms of our estate at this point in time.
I also stalled on the home inventory...but I need to get back to that too!
The Joint Chequing account sega is actually complete though! We have completed moving all of our joint chequing transactions into a joint savings account that earns a few points better interest AND then allows us to use the joint account like a proper joint account for our day-to-day expenses. Following up on the: Is $300 Enough Post - we've bumped our weekly spending for d2d up to $400.
So far so good.
The intent here is to stop relying on credit cards; and get back to the original spending plan...that is, stop spending once the money in that account is gone for the week. Oh! and that the other piece; we're going back to weekly rather than bi-weekly for the day-to-day account. Just easier to manage.
We have 13 different companies that interact with our work horse account; not including all of the transactions for auto savings within Tangerine.
p.s. If you haven't signed up for Tangerine now, it's a really good time to do it. Tangerine is currently doubling their referral bonus from $25, to $50 if you open accounting using within a minimum of $250 using this code before July 31st - we both get the free money!
All you have to do is click the link below, and enter my Orange Key when signing up: 17396382S1.
Activity 1, is to make a will.
Oi! I knew this was coming, but I'm not sure I was ready for it just yet.
Activity 2 is to name a financial power of attorney, and Activity 3 is to name a personal care power of attorney.
I guess we need a laywer.
It just so happens that the last two activities in Level 4 of My Money, My Choices to get this years tax return done and catch up on any previous years. Jordan and I are all caught up; but I can't say it's always been that way.
When I met Jordan, we were 19 I think, and he had several years of taxes to do....like 4 or 5. So, I sat down on his living room floor (tax software wasn't as popular then); and did them all. I think payment was my choice of movie and he had to cook me dinner. Though once he got his cheque in; he took me out.
I was floored that he hadn't done them, and really wasn't worried about it; this of course comes from your influences growing up. Now, I can't say that Jordan gets excited as I do, but he's happy for me to get them done, and happy to get those tax returns every year. I don't submit them by hand any more, typically I use TurboTax because I have three returns to do (mine, Jordans, and my grandmothers) and my mom and I often share the license for hers too, but I still usually do a practice run pen/paper style just to make sure everything lines up correctly.
So...today, I was going to tell you how Jordan and I broke through the $100,000 Networth barrier! Wow!
Our networth actually went down.
So what happened?
- Our Tangerine Funds went down slightly
- My Sunlife Funds went down slightly
- We spent more money then we had
- We haven't been reimbursed for Jordan's new teeth yet (over $2,100)
That'll teach me for getting excited before it actually happens.
But, some good news! We now owe less than $10,000 on the Escape...and that's still pretty awesome.