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Jul 7, 2025    |       12 comments

House Proceeds – Insurance, part 3

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This is part 3 in my July series: How I spent the house proceeds. You can find Part 1 here and Part 2 here. 

I paid the 6 month premium on my (and Princess’) auto insurance and the next quarterly payment of my life insurance policy.

Auto insurance for 2 cars, 2 drivers, full coverage: $1,730

Level Term life insurance policy (quarterly): $159

Total spent: $1,889

Doesn’t Cost More

First, I know that paying off my auto insurance policy in one lump sum doesn’t really make financial sense. It doesn’t cost me any extra to make monthly payments nor does it same me any money to pay it in one lump sum.

But the mental load off was definitely worth it to me. And now I can just save monthly to do it again in September. Which is when Princess will take over her own auto insurance policy. (Yes, I give each of my kids “help” for 6 months after their schooling ends. They have all gotten this same 6 months.)

Life Insurance Debacle

My life insurance has been a question for a couple of years now. And while I’ve made a couple of phone calls over the years. I’ve never actually done anything about it. I had a 20 year policy that I took at when I was pregnant with Princess. I had a chance to convert it, but the cost and coverage just didn’t make sense.

So I’ve just been letting it ride since the original term expired last December. The cost was $24 per month. And is now more than double that with the coverage declining steadily.

After I arrived in Texas, I started calling and reviewing options. A term life policy for $75K would run me $175+ monthly. Yikes! So I’ve decided to move forward with another 20 year policy. My application is in review now. And I completed the medical exam a couple of weeks ago.

If all goes well, it will run me $55 per month and provide $100K coverage. ($100K was the lowest coverage they would do, not the amount I was looking for.)

We will see what happens…

After 3 parts of how I spent the house proceeds, I’ve now detailed how I spent $7,428. More to come…

Jul 5, 2025    |       12 comments

House Proceeds – Family Time, part 2

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Continuing on with my series this month to detail where the house proceeds went. You can find Part 1: My Car here.

Lumping two similar spends into one with this post. And these will come as no surprise to the BAD Community…

First, I paid for a week long family visit over Princess’ graduation. We stayed in a hotel for 3 nights. And we had two rooms. We ate out at least once a day. We went to Top Golf, the movies, and a museum. I also paid for a graduation cake for Princess.

Second, I paid for a wine tasting tour here in Texas for Princess’ 21st birthday. Well, I didn’t pay for an organized wine tour. I paid for wine tastings at three different wineries. She came for 10 days post-graduation, bringing a college friend along for a few days. And the two of them, plus my sister and I took a day and visited 3 wineries in the Hill Country.

wine tasting

Family Week in Georgia

All five of my kids, plus Beauty’s fiance, plus one of my brothers and his girlfriend gathered in Atlanta to celebrate Princess’ college graduation. So these costs cover 9 of us.

Each of the kids paid for their own travel, their own alcohol, and some activities while they were here.

Hotel: $982

Meals, Entertainment, & Top Golf: $2,128

Total Cost: $3,110

Brother/Girlfriend Contributed: $450

Kids Contributed: $150

My total spend: $2,510

Princess Birthday in Texas

Princess and her best friend from college came towards the end of June. We had planned a “wine” tour for her birthday. It was her present from me for her 21st. And it was kind of a girl’s trip with my sister.

Hotel: $329

Wine Tour: $340 (this does include 1 bottle of wine that I purchased and shipped to her apartment so she could have a bottle of the first wine she ever had in a tasting)

Meals: $217 (these are the ones I paid for, my sister paid for a couple of meals as well)

Total spend: $886

Before you ask, we chose a hotel in downtown Austin for two reasons (vs staying at my parents). My dad/parents are teetotalers. Never drink, never have it in the house, and don’t approve. So out of respect, I didn’t want the girls there on days they were drinking.

Our original plan was to find a small town, stay in a bed and breakfast, and pay for a wine tour company. But after my sister and I did the research, it just didn’t make sense. I don’t drink so no reason for me not to drive.

Staying within walking distance of two of my brothers’ places, meant we could meet up for meals. And the girls could go out at night without me needing to drive them or them needing to drive.

It was a very fun couple of days. Then Princess and her friend kept my car and moved to Gymnast apartment for the duration of the stay.

How Much Did All this Cost?

The total spent out of the house proceeds for these two events was $3,396.

Could we have done it cheaper, yes.

Would it still be as memorable, yes.

Do I wish I had done a few things different, most definitely! In my defense, the last months in the house were excruciatingly hard mentally. I am typically spot on with planning and finding fun and cheap. But I just struggled so much. That both of these events were very last minute and unplanned. Very odd for me.

But do I regret even a single minute spent making memories with my kiddos? Absolutely not.

After this second part in my How I Spent the House Proceeds series, I’ve now detailed out: $5,539. More to come…

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