With all the financial planning Ive been focusing on recently...I didnt see this brick wall and we slammed right into it. Taxes. Specifically state taxes. I assummed this year would be similar to last year, totally overlooking the fact that the hub only worked 5 months at the slope job in 2011, which is why we got such a nice refund...they dont withhold state taxes...and so a full year at the job means a full year of state taxes to be paid. $6500. OUCH.
The good news is that we will get SOME of this back on our federal taxes. The rest I will either take from our savings, OR I will use the money we were going to stash for airline tickets for the rest of the year. (option one uses a good chunk of the emergency fund, option two means slower debt repayment)
To add to the pain, we now will pay quarterly taxes AND 2013 is the first year we will not have DD3 as a dependent...so I also have to squeeze an extra $500 or so out of the budget to pay this expense...SO...debt repayment slows even more.
Sigh...Getting ahead is tough...but the tough keep going, dont they?
We got home from our Disneyland trip last night. We had such a great time...but my feet may never forgive me. This week was a perfect one to go..the park hours are a little shorter and they dont have the firework show (these change next week), so the park wasnt crowded...and the rides were mostly walk on, with a couple exceptions- the Car ride and a couple of kid rides...the rest were 10 minute wait or walk on. NICE.
Our hotel room had a great view of California Adventure and the World of Color show each night.
Here is what a day at Disney will do to you when youre four...this was at about 6:30pm and she didnt wake up until the next morning...
Today the hub and I will head over to the coast for a FREE weekend getaway before he heads back to the slope and I go back to work.
The brick wall....
March 8th, 2013 at 04:19 pm
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