Denali Northern Expenditure

Month: October 2019

Dipnetting 2019: I got a Triple!

Dipnetting 2019: I got a Triple!

Didn’t really bury the lede with that one did I? Whoops! Oh well. In mid-July, we dipnetted, as we do annually, for a new freezer load of sockeye salmon. We told the kids we would stay two nights unless we caught everything the first night. We set up camp just in time for a twenty minute torrential downpour and then had lovely weather the rest of the time. We played. We sat. We watched. We ate.

Around 6:30pm Mr. T and I finally hit the water. We fished for almost 4 hours (remember it stays light most the night this time of year) and caught 29 salmon! My last pass I got a triple (which means 3 fish in the net at the same time!). It was thrilling! That was when Mr. T said we should probably be done (it gets so addicting, we really try to be reasonable about when to quit when the fishing is so good!). Later that night, a lady passed me on the beach and said: “Triple girl!” and winked at me. Totally made my year.

So, long story short, we had to go home the next day and not stay two nights. The kids were fine with it when we promised them they could watch movies while we processed the fish and then we would all go swimming at the YMCA.

The numbers this year have been really high and they actually opened it up to all-night fishing the last week of July (usually you’re not allowed to fish between 11pm and 6am). I was so tempted to go back down just to do it, but decided against it. Because sometimes I’m reasonable. πŸ˜‰

We ended with a total of 29 sockeye salmon! (though our household limit is 65, we never need that much!) That equals 80.6 lbs of fillets!

Biggest fillet this year: 31 oz (a pretty small year)

Dipnetting Costs

Because you know I like to calculate all of our costs, here is everything we spent for this year’s dipnetting trip:

  • $45 – The cost of camping on the beach and dropping off our stuff an picking it all back up the next day.
  • $35 – Gas for the car for the roundtrip – it’s about a three hour drive from our house.
  • $3.49 – Ice to keep the fish cool.
  • $21.90 – The annual Blizzards at DQ for all five of us post-dipnetting on the way home (Mr. T and I split a large to cut costs, but 3 smalls for the kids is still spendy!).
  • $19.65 – Replacement pole clips – Mr. T lost quite a few of the connectors to his poles last year. So, he had to get some new hardware to connect the lengths of pole to his net.
  • $58 β€“ Fishing licenses for Mr. T and I.
  • $8 – A new tire tube for Mr. T’s bike. We bring an old bike so we can pay the drop-off fee and then park offsite to save $25.
  • $21.99 β€“ Giant tarp to cover our tent because we’ve discovered it leaks pretty badly in the rain. Bonus: it keeps it much darker in there (again, light all night makes camping in Alaska tricky).

Total Costs: $213.03 – Usually we pay a significant amount for professional smoking. The place where we usually take it went out of business, so our friend said he would smoke them this year for us. Saves us money this year. Yay. We’ll see what we decide to do next year.

Total Cost Per Pound: $2.64/lb 

Thanks to not paying for smoking of the fish or freezer bags (we had enough left over), it was our cheapest per pound year ever! Check out Dipnetting 2015Dipnetting 2016Dipnetting 2017, and Dipnetting 2018 to compare. If you end up with some salmon, be sure to check out Mr. T’s perfect salmon recipe!

Q3 2019 Plan Update: Where’d Maggie Go? Edition

Hello friends! It’s me, Maggie! Remember me?! Well, here’s where I tell you ALL about how 2019 is going and what is happening around here. In short: I’ve been spending money like crazy and hustling hard to make up for it. πŸ˜‰

Summer Update:

We spent a lovely summer being crazy travelers as per usual. We went dipnetting (post coming tomorrow because we’re either feast or famine around here!), took several Alaska ferries including one down the Aleutian Chain, and went to Oregon and Washington to be with family. Mr. T and I finished off the summer with an expensive weekend in San Francisco with just the two of us (and seeing Hamilton!). We also got to meet up with Revanche, who is one of my favorite humans.

I started the year with big savings goal (after paying off the mortgage), but then bought a whole bunch of tickets to all the ferries! I do not regret my decision. One of the ferries we rode has been dry-docked thanks to budget cuts and several other routes have been reduced dramatically with no guarantee they will remain at all in the future.

One of the great things about paying attention to money is the ability to SAY YES to opportunities. We really enjoyed the freedom we had to do that with the cash flow we’ve enjoyed since paying off the house.

Life Update:

At the end of August, Lui went to kindergarten and I retired from being a full-time stay-at-home Mom! (Until the summer I suppose…) This kicked off a big transition for me. I started working 32-hour weeks at my job and am trying to negotiate a full-time offer (sounds like it might be in the works! – I’ll do a post with a bit more info if and when that goes through). I also hired my designer full-time (at less than $450/month) to help grow my e-commerce business. She hated her job, asked to go full time, and I was able to say yes because at this point, we’re just risking profits (not loss). She helped me make a hilarious cat coloring book (affiliate link). So, between getting the kids off to school, throwing myself into my real job and trying to build up my e-commerce business, I’ve been busy, but I’m really enjoying all the things that are happening.

E-Commerce update:

Since you asked (or wanted to), we’ve done pretty well so far this year. In June, we made $999.55 in sales (before expenses, but those are under $500/month with my designer) and that was the only month this year we’ve fallen below $1000 in sales (and missed it by less than a dollar!). January and March had sales right around $2000. With the heavy shopping months coming up November-December, we’ve been working all extra hours we’ve got to get as much up as possible. We’re working on a new line of coloring books I’m pretty excited about that are pixel art color by number books. We got our first one up this month: Pixel Museum World Famous Art (also an affiliate link).

Alaska Update:

We’ve moved almost entirely into cash hoarding at this point because we would like to have $80-100k saved for a possible down payment on a house ASAP. We do love our house and we’ll keep it and try to rent it out (which is why we need a new down payment), but things might get really cheap here soon. The economy in Alaska isn’t doing well thanks to state budget cuts and BP announcing it is leaving the state. We are a one-industry state, so BP leaving will make a BIG impact. Employees will find out their fates in December and there will be a mass exodus from the state. There are already an influx of houses on the market, but prices are remaining pretty steady. We will only buy a house if prices drop dramatically and we find a house we actually like (most houses up here make no sense at all). But we’re in a hurry to save the cash to be prepared!

The Numbers:

Full disclosure: I stopped using Personal Capital (affiliate link) because they stopped working for Mr. T’s retirement funds. But I really did enjoy them before they stopped working entirely for me. (Also feel free to read my more in-depth review of Personal Capital.) Also, once I checked this month to update the numbers, I went into each account separately and discovered it hadn’t updated MY Roth IRA for like six months. So we’re richer than I thought! Win! (also maybe another reason why you shouldn’t use Personal Capital…)

Mortgage is still at $ZERO!

As of October 1, we had $275,400 in investments. Not bad. (With such up and down in the market, a quarterly update on this number rather than a monthly update is probably a good idea.)

2019 Financial Goals (REWORKED):

  • Max Out My 2018 Roth IRA ($5,500/$5,500) – Thanks to the totaling of the car, WE DID IT!
  • Max Out My 2019 Roth IRA (0/$6,000) β€“ Not yet.
  • Max Out Mr.T’s 2019 Roth IRA (0/$6,000) β€“ Not yet.
  • Replenish Emergency Fund ($1,200/$1,200) β€“ Because our emergency fund is in a Capitol360 account so we can use it for free ATMs while traveling (but the account only earns 1%), we lowered our emergency account goal from $5000 to $1200. Then we changed this goal:
  • Extra Investments ($12,700/$45,000) β€“ Thanks to the PFD, we were able to get over 25% of this knocked out this quarter. Unless we have some $10k sales months in November-December, we probably won’t get close to this, but I’m thinking I can at least get up to $25k. We’ll see.

So that’s where we’re at. Stay tuned for tomorrow’s Dipnetting update and fingers crossed for a full-time job update soon! Thanks for sticking it out with us in our crazy journey! We’re grateful for all of you.

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