Monday, December 26, 2016

November 2016 FrugalMaster Results

November and now December have flown by.  Besides the drive my new job is great (and challenging).  This time of the year is always challenging for the budget with all of the holidays and family  gatherings.  My food costs always jump as turkeys and hams are eaten and cookies are baked (and also eaten).



My Christmas budget was set earlier this year and saved for.  Come end of December we will see if I stayed on track this year  or if I went way overboard with my gift giving.



What I earn and spend always seems to fluctuate so staying under budget all the time is a near impossible feat for me.  It does give me guidance though so I will continue to use it.  What has worked best is just don't buy anything unless you really need it.  No impulse buying will also help to keep you on track for the overall year.
  
Even though we were over budget the savings rate still remained positive at 29%

Food and car insurance where the 2 that led me to be in the red for the month when I look at my budget.  None the less with the new job and the income it brings I still managed to save a large portion of it.

Regarding my guilt free spending money I stayed right on track for the month.  This category is what I most need to focus on as it could be zero and my family would have all of its needs met (and still be happy).  What is left over could go into savings and help us reach financial independence faster.



Well the kids are up and it is time to go cook some breakfast for the family.  I hope your holiday season is a great one. 

Save for tomorrow. Live for today!

Dividend Family Guy

Friday, December 16, 2016

December 2016 Dividend Growth Watchlist

Company Name
Symbol
Industry
No. Years
Dividend Yield
Sector
EPS% Payout
Span-America Medical Systems
SPAN
Medical Equipment
17
3.20
Health Care
41.56
Old Republic International
ORI
Insurance
35
4.20
Financials
51.37
Donegal Group Inc. A
DGICA
Insurance
14
3.43
Financials
53.92
Auburn National Bancorp
AUBN
Banking
15
3.15
Financials
40.91
Muncy Bank Financial Inc.
MYBF
Banking
16
3.17
Financials
40.45
VF Corp.
VFC
Apparel
44
3.08
Consumer Discretionary
58.33
Qualcomm Inc.
QCOM
Telecomm Equipment
14
3.11
Information Tech
55.64
Universal Corp.
UVV
Tobacco
46
3.92
Consumer Staples
64.29
Lyons Bancorp Inc.
LYBC
Banking
16
3.16
Financials
41.15
Target Corp.
TGT
Retail-Discount
49
3.11
Consumer Discretionary
44.04


The holidays are upon us and while the market is doing great my back has been unkind to me.  Now the doc has me on some meds (my present to myself I guess) and I have a few minutes this morning to look at my screen.

There are two that Motif could not find to add to my tracker.  Muncy Bank Financial Inc. (MYBF) and Lyons Bancorp Inc. (LYBC).  I looked both up on Yahoo Finance and they both look like good companies to watch.

Auburn is new to the top 10 as well.  This is a bank out of Alabama and just had it's ex-dividend date on 12/07 so I missed it.  They are a 109M company so not to big however they have been paying a nice dividend for 15 years.  I just looked at them again this morning and the yield is still on target.

 

Happy Holidays!

Dividend Family Guy

Wednesday, November 30, 2016

October 2016 Frugalmaster Results

I am beginning to realized I am always over budget on some category(s) each month and under on others.  I was over on 2 and under or on target for 4.  I guess that is good but I am starting to wonder if budgets are right for me.  I will dwell on that this holiday season and see if I want to further simply my life come next year.

Income was below normal

Not only can I not keep under budget on everything but I can't keep my income steady either.  The job market is extremely hot in the software industry and I changed jobs again.  This time I have taken on a role in the industry as an architect.  It  only took me a long 18 years but I finally did it!  I am going from bi-weekly paychecks back to twice monthly paychecks.  With the slight delay I only pulled in 3 weeks of salary for the month.



Needs were over budget

I had sent out for a reimbursement for my wife's vehicle.  There was a recall on a part that we had fixed back in February.  The check came in for the that but it wasn't enough to keep us within budget.

I noticed my food expenses have been creeping up (not including baby food).  Prices are shifting as summer ends and fruit and vegetable prices are doubling where I live.  As I write this a pint of strawberries is running $5.  So with that said I switch the family over to less healthy canned fruit and veggies.


The other large expense was gift cards for a dresser for my other daughter and for a modern energy efficient toilet.  My plan is to slowly replace all of the 5 GPF toilets in my house with ones that use 1.25 GPF.  I hope this helps curb my unhealthy water bill.

Guilt Free Spending Money (Wants) was over budget

Again over budget.  I think either I need to get serious about saving and actually get the family to follow my budget or increase the budget for this category.

It is always weird writing this but our #1 spend in this category for the month was candy.  There are always good deals to be had around Halloween so my wife stocks up for the year.  That plus a trip to my wife's favorite fudge and candy factory and I am out over $200.  My wife doesn't spend on clothes or shoes like most women so this is her thing.
  
Even though we were over budget the savings rate still remained positive at 3%



It was a close one but I managed to save another $145 this month.  I am OK with that considering some of my larger expenses this month.  I hope you were in the green this month!

Save for tomorrow, live for today,

Dividend Family Guy

Tuesday, November 22, 2016

November 2016 Dividend Growth Watchlist

Well it is near the end of the month and I think I missed this boat.  These stocks are doing great this month but then again the DOW just crossed 19,000 today.  It is actually kind of scary that there hasn't been a market correction.  With that said some companies have stayed on the list.
GAP finally fell off the list and replaced by one of the more talked about stocks lately in the community, V.F. Corp.

One of my goals for the year is to get my wife's spousal IRA opened so when the time is right I can invest for the both of us.  Time is flying and I need to get my contributions in place in the next couple of months.

Give thanks!
Dividend Family Guy


 

Thursday, November 17, 2016

October 2016 Dividends

It was not a very active month from the new portfolio.  A grand total of $10.82 of cash was deposited into my accounts.  I will probably leave it there and take the dividends from next month together with this month to make my next purchase based on probably my December top 10

Company
Symbol
Held In
 Dividend
Amount Received
October Notes
Coca-Cola Co.
KO
Taxable
$0.350
 $0.70

Canadian Natural Resources Ltd.
CNQ
Taxable
$0.175
 $0.44

General Electric Co
GE
Taxable
$0.230
 $0.93

Coca-Cola Co.
KO
IRA
$0.350
 $8.75


I think I need to buy some more Coke to help even out these months.  Not much to say here as I am saving most of my life changes for my monthly income/expense/whatever else is going on in my life post.


With that I will leave you with a picture of my kids and my pumpkins.  Try and guess which one is mine.  Happy late Halloween everyone!


Thursday, October 20, 2016

September 2016 FrugalMaster Results Monday, August 08, 2016


September was a tough month on the FrugalMaster 9000.  Little time to exercise the frugal muscles in me with the kids back to school (and all the expenses that come with it).  Luckily I had some income luck to cover those expenses.

Income was above normal

This was the second of the "three paycheck months" for the year.  My current job pays me bi-weekly so two of the months each year has an extra paycheck in it.  On top of that I got a $150 bonus for transferring my IRA.  This interest of sorts will get added to my taxable income for the year but since I usually get a refund the tax on it will be little to none.

Needs were over budget

In short I was over by a good $1400 this month.  There were several things that caused this.  Some were planned and some not so planned.

I was dropping my son off at school one day.  As I left the school and turned onto the road I started hearing this clicking noise coming from a tire.  I pulled into a driveway, got out and took a look at my front wheel.  I huge piece of metal (thick gauge wire) was embedded in the tire.  Since I wasn't loosing pressure yet I decided to not put on the spare tire. 

Then I attempted to drive the mile to the tire place we usually go to.  I was doing great until about a block away and the metal wire fell out.  Pressure dropped quickly but I was able to make it to the parking lot of the tire place without damaging the rim. 

Unfortunately that one block of driving damaged the side wall enough that the tire was toast.  The tires had only 2/32 left of tread on them but I was hoping to get another month out of them before replacing.  That cost just came earlier than planned sending me over budget for the year on my car maintenance budget.

Stuff like this happens all the time.  That is why budgeting for maintenance and repairs of your house and automobile is very important.  I felt really bad for another woman that was there who had to take out a line of credit with the tire place to replace her tires.  But looking at here super-sized SUV with chrome trim and raised suspension told me how she got to the place she is in now.

Now the planned reason for being over budget is a good thing.  My school district likes to make you pay lots of school fees on top of my taxes.  Also next spring my daughter's class is taking a trip to Washington D.C.  The school offers a way to offset those fees by using a gift card program.  Basically you buy these gift cards (with cash) and you get a certain percentage of that purchase credited back to you.

I did the math and the gift cards I buy to pay for things I buy anyway averages to 4%.  That beats my BoA Credit Card's 1%.  The only downside to the program is I have to plan in advance what stores I will be shopping at and then ordering before the cutoff day each week.  Since you pay in cash/debit I have to space out the purchases to maximized the time my money sits in my interest earning checking account.

So I was over budget because of this pre-purchase (but we should see that reflected in next month's budget).  I have already accumulated $90 in one month towards paying off the fees and the trip.  Largely because of some gift card purchases to finally buy my 5 year old a dresser to put her clothes in.

Guilt Free Spending Money (Wants) was over budget

Well last month was good and this month was bad.  $100 bucks on dining out.  It adds up fast.  3 work lunches, 2 pizza orders (1 is a gift card for next month) and a trip to gets some burgers and shakes with the family.

2 other another annual expenses were are zoo membership and historical society memberships.  We use those allot and it gives the family some good learning experiences.

Other GFSM expenses include school pictures for the 3 kids in school and my wife's chocolate habit.  That and some charity giving are all part of the normal budget I have for this category.  
 
Even though we were over budget the savings rate still remained positive at 26%

That extra paycheck kept me positive for the month even though I was over budget in needs and wants.  Having it helped me get those gift cards to lower school expenses going forward.  With a decent buffer in place it feels good to have options to do what will benefit my family over time.  October brings lots of good changes to DFG and I can't wait to share the news with you all.  Until then happy investing.

Kind regards,
Dividend Family Guy

Friday, October 7, 2016

October 2016 Dividend Growth Watchlist

Company Name
Symbol
Industry
No. Years
Dividend Yield
Sector
EPS% Payout
Cracker Barrel Old Country
CBRL
Restaurants
14
3.48
Consumer Discretionary
58.45
Ameriprise Financial Inc.
AMP
Financial Services
12
3.01
Financials
36.45
Old Republic International
ORI
Insurance
35
4.26
Financials
49.02
Span-America Medical Systems
SPAN
Medical Equipment
17
3.48
Health Care
43.84
Donegal Group Inc. A
DGICA
Insurance
14
3.41
Financials
52.88
T. Rowe Price Group
TROW
Financial Services
30
3.25
Financials
52.17
Cummins Inc.
CMI
Machinery
11
3.20
Industrials
55.93
Gap Inc.
GPS
Retail-Clothing
11
4.14
Consumer Discretionary
51.98
Target Corp.
TGT
Retail-Discount
49
3.49
Consumer Discretionary
46.60
Flowers Foods
FLO
Food Processing
15
4.23
Consumer Staples
72.73

Qualcomm fell off the list but the remaining are mostly the same as the past few months.  I am bummed I didn't jump on it last month before some rumor of a merger caused the share price to spike.  Instead I jumped on the Flowers Foods (FLO) bandwagon last month purchasing 32 shares @ $15.5375.  This purchase will increase my forward dividends by $20.48.  Plus since it is part of my IRA those dividends are tax free and will be reinvested into another dividend growth stock.

Below is the motif I created to track how this month's top ten does over time.  It is always fun to see how my past screens are doing (and so far so good).


 

Happy investing!
Dividend Family Guy

Tuesday, September 27, 2016

September 2016 Dividend Growth Watchlist

My Motif account is working again for me so I am able to put my watchlist into a Motif and watch how it does over time.  This month I had it put together weeks ago but havn't had time to write about it until now (almost October).

The list hasn't changed much and all of these are great buys for the market we are currently in.  The biggest surprise was that Flowers Foods (FLO) finally creaped into the DFG watchlist.  The chart below is all data from the beginning of the month so I am sure some things have changed.  What hasn't changed is all these companies paying dividends for over 10 years and still going.

Many of these companies are on other DGI watchlists out there so I am starting to have a little faith in the ol' DFG Stock Screen.  SPAN seems to be one that no one talks about because of it's size I am guessing.  However at 17 years it is doing far better as a dividend growth stock than some big guys like Cisco.

Company Name
Symbol
Industry
No. Years
Dividend Yield
Sector
EPS% Payout
Cracker Barrel Old Country
CBRL
Restaurants
14
3.02
Consumer Discretionary
59.66
Span-America Medical Systems
SPAN
Medical Equipment
17
3.60
Health Care
43.84
Old Republic International
ORI
Insurance
35
3.90
Financials
49.02
Donegal Group Inc. A
DGICA
Insurance
14
3.42
Financials
52.88
T. Rowe Price Group
TROW
Financial Services
30
3.11
Financials
52.17
Target Corp.
TGT
Retail-Discount
49
3.42
Consumer Discretionary
46.60
Cummins Inc.
CMI
Machinery
11
3.26
Industrials
55.93
Gap Inc.
GPS
Retail-Clothing
11
3.70
Consumer Discretionary
51.98
Qualcomm Inc.
QCOM
Telecomm Equipment
14
3.36
Information Tech
62.17
Flowers Foods
FLO
Food Processing
15
4.29
Consumer Staples
72.73

Overall this group of stocks has been under-performing for the month compared to the rest of the S&P 500.  But that is OK.  It means they will still be a decent bargain when I get some cash from other dividends to purchase these companies.

Almost 11 so gotta go and catch some zzzs before starting the grind again tomorrow.

Happy investing,
Dividend Family Guy