stephanie is: 
eeehhn.
this isn’t gonna be terribly interesting to anyone – i just need to get my money worries out of my brain so i can think clear.
i knew that money was going to be super tight for me at the end of march and beginning of april, but i am not enjoying it now that it is almost here. i have the cost of the honeymoon (paying danny back for my share of that by buying supplies for us and giving him checks when i can), the new t1, normal mortgage payment (which uses an entire paycheck for my half), and taxes (i fear i will owe a thousand or more++ from my company not taking out enough and my freelance/website money). and on top of that, the eye doctor didn’t know what to do with my insurance so i had to pay over $200 for the check up and new lenses in my glasses (plus $99 for sunglasses but that isn’t covered) myself – so i have to mail the receipts in and wait to be paid back. i am worried i won’t have enough money to pay my taxes before the honeymoon. i have no idea how much they will be and my next paycheck goes entirely to the mortgage and bills. i just need to make it through the next few weeks and then start rebuilding my savings from $0. i do have groceries and toiletries for the trip to buy, but i am not stressing to much about the little bills. it’s just the taxes, ugh…. makes me want to just make my site free and eat the $800-or-whatever-a-month so i don’t have to freak out over this stress. i think the smart thing for me to do is ask the tax person how to go about it so the next time is less of a nightmare. uuugh. hate hate hate money. danny lets do taxes soon so i can stop freaking out so much. hopefully i am over-reacting…
Some tax advice from someone who’s husband had to pay $2,500 to the blood-suckers! You can pay the taxes on your site quarterly throughout the year so that you don’t get hit with a big bill during tax season. But this year since you’re doing it now, you can ask the accountant to put in a request for payment plan. You can make it monthly payments for whatever amount you want. You can schedule them to start at the end of April and just split it over 3 months so you don’t have to use every dime you have at once. Good luck! HAve fun on the honeymoon!
You can also file for an extension. You may get some $$$ as wedding gifts that might help (although how depressing having to use gift money to pay Uncle Sam.)
I was also going to remind you of the wedding present money. Try not to worry too much, things will work out fine 🙂
unfortunatly, our wedding present money was advanced to us to help buy the house…
Doh!
house
if you are buying a house, then the mortgage company will prolly offer you some sort of home equity deal. you can take the home equity loan and pay your taxes with it. sure, it’s just more debt, but at least you can stretch the payments out. when are you buying your home? rates are great right now.
Re: house
Not to mention that interest on mortgage payments are tax deductable… oops..there I go using that “T” word again.
Money troubles are tough.
Not my business of course, but was intrigued by the concept “of paying Danny back”.
Probably old-fashioned on my part, but the concept of “my money, your money” is better served when it is “our money”.
On the taxes, make certain your accountant is giving you full deductibility on your costs of providing your site. I should imagine that the costs exceed the revenues, so no tax should be due on that “business” income. Remember to deduct the costs of the donations you made. I’m sure your tax guy has this figured out, but thought I would mention it.
Good luck – hate to see you troubled so close to what should be a fun time .. ;o(
I was curious about this also…
Good luck though!
we don’t have any joint accounts yet and the bills go to his name, so i write him checks for now so that money is coming out of my pay too.
my money/your money
Funny thing is my wife and I do the same thing even now. 7 years married, 10 years together. We do have a joint account that we put “bill money” but we also each have our own accounts that our checks are deposited to. Things are pretty much down the middle but either is allowed to pull money from the jount acfount if needed for anything.
Don’t get me wrong it is not a hard line like it sounds. If one is “short” we just give each other the money, plain and simple. We never actually discussed it it just sort of fell into place this way.
To answer the inevitable questions, yes we own a house, yes we invest and yes we plan for retirement together. Major purchases always get discussed.
Now here’s the kicker, we know a lot of couples that do it the “old fashioned way”. They all think we’re nuts but guess what. Each of these couples has their rough spots, arguing about this and that and who bought what. Always money somewhere in the mix.
In 10 years together, we have NEVER had a fight and neither of us stresses over money.
The concept of “ours” is in the head, not the bank.
izzi and I have joint checking acounts and seperate savings acounts as well, we seem to only ever use the joint though, I’m not sure I know much about doing it the ‘my $ your $’ way but I know that niether one of us ever even think about whose $ is whose doing it our way, we just spend it all :)…to comment to a person farther down the line, we have never fought about anything we buy or do as far as the $ part goes, we both feel like if its going to affect us both we should talk about it anyway…
about Taxes, I would check your deductions, I have never in my life had to pay taxes at the end of the year (knock on wood) and I am in the highest tax bracket, but I do get taxed pretty hard on my checks, also you can get an extention no problem and handle them after your trip :)…it will all get better 🙂
Johnathan
(doh just noticed this was under catass, so hi Cat :))
I was just about to comment the same thing. Although it really isn’t any of my business. erp.
Bry and I combined our bank accounts just before we bought the house at the end of January. And life has just gotten a *lot* less stressful.
It’s not just the fact of it being “our” money, but it really does make everything tons easier. If either of us comes up a little short, then we know we’ve got back up. And we’re not constantly worrying about paying each other back, who got groceries last time, doen’t i owe you money?
And taxes may be a little easier next year if all of your site/freelance stuff is in another seperate account.
mmkay, enough rambling. *mad hugs*
MONEY
Money is for your disposal, not the other way around.
Sorry you are stressing about money. It’s the only thing that really gets me tressed, too.
Cheer up.
taxes
We owe close to $4,000 this year, and don’t have $4,000 just laying around to pay the government. Thank God my dad is an accountant! He’s setting us up with a payment plan. They’re around $40 to set up.
i hope u are feeling beter now than u were feeling this morning….
its bad to see u sad!!!
love,
bia from brazil