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Flat Tire, Full Wallet: Turning an Inconvenience Into Savings

October 24, 2024 This past weekend, we had an unexpected run-in with tire trouble while driving a rental car. We planned a nice family trip to Nashville, even set aside a budget to cover the trip. What started as a smooth trip quickly turned into a bit of a hassle when we noticed something off with one of the tires. After pulling over and confirming it was an issue, we had to deal with getting it fixed—a process that took longer than we anticipated.Thankfully, after reporting the problem to the rental company, they agreed to reimburse us for the tire repair costs and reimburse us because we had to downgrade our rental size. It was a small relief in an otherwise frustrating situation. Once everything was settled, we realized that this reimbursement gave us a bit of unexpected extra cash.Instead of letting the money disappear into everyday expenses, we decided to put it toward something more intentional. We’re planning to use it to cover expenses on another quick trip we plan to take next month. It’s funny how an inconvenience like a tire issue turned into a small financial boost that’s helping us tackle something we’ve needed to do anyway.This experience just reinforces the importance of having a flexible mindset when it comes to finances. Sometimes life throws unexpected expenses at you, but in this case, we were able to turn it into something positive. You might also be interested in As we wrap up our Project Money experience, we want to take a moment to reflect on how far we’ve come—emotionally and financially—and share our journey... This past week, our family participated in a door and patio decorating contest hosted by our apartment management company. The grand prize? A $200 gift... Over the past year, my family has been making deliberate choices to save money and focus on our financial goals. One of those decisions recently involved... As we approach the end of our journey with the Project Money program, Cory and I (Je’Lisa) took some time to reflect on how we can apply the financial... Every now and then, life throws a financial curveball—in this case, it was a pleasant surprise. We received a refund from our gap insurance since our car... This week, we faced an unexpected hiccup with our insurance: A doctor charged us for a 2023 appointment because they had outdated information. It was frustrating... Thanksgiving is a time for gratitude, family and of course, a feast. But let’s be honest, hosting a traditional Thanksgiving can come with a hefty price... This weekend, we decided to take a quick overnight trip to Minnesota. It was to record some music and spend time with friends, but we were determined to... This month marked a milestone for our family: It was our first month without a car payment after refinancing our vehicle through Summit Credit Union. With...
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