February was supposed to be one of the cheapest months of the year, but recent events have brought forth the need for what will likely be our biggest expense this year.
It may not happen until March or April, we’ll have to see.
The heating duties in our house are split between an electrical unit and a backup oil furnace. They’ve both decided to retire this year unexpectedly and in a synchronized manner.
Our HVAC guy is going to draw up some options for us, but since we’re not planning to move anytime soon, we’re leaning towards a new HVAC unit and getting rid of the oil furnace completely.
I LOVE oil heat, because it just feels stronger than electric, but it’s expensive, and apparently the new electrical units are not only more efficient but they CRANK.
Our local electric company supposedly offers decent rebates if you upgrade to a new system, but to be safe we’re preparing for any number up to $10,000.
With our inevitably high tax bill, I’m hoping for a lower number than that.
The good news is, we can handle that if we need to. Thanks, emergency fund!
Also, hubby has brought in a decent amount this month with side hustles, so the accounts are looking pretty good.
I also am excited to report that I just couldn’t wait on Roth IRA contributions, so I threw $500 at that.
Then I took $500 from my separate personal account (not part of our budget, so not listed here) and put that into our brokerage account BECAUSE THIS IS FUN FOR ME.
Happy Valentine’s Day!
-K