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January 11th, 2014 at 06:06 am

I opened my email this morning and learned that I had been charged a $50.00 late fee because I didn't change the amount of my automatic payment to my property management company. I was aware that the assessment fee was going up, but for some reason didn't realize that I would have to change the automatic payment myself.

That's $50 from my $300 challenge. For nothing! But I will count it, because after retirement life will continue to be full of surprises.

Hoping my new Discover It card will arrive in the mail today. I want to use it to buy an airline ticket to Florida, and also to purchase a year of service on Straight Talk. Those two purchases will go toward the $750 required to get my bonus. (Neither will come out of the challenge. Utilities and phone are already counted in fixed expenses; airline travel will probably come out of savings when I'm retired. If I decide I must fly.)

My new medical insurance card arrived in the mail yesterday. So I'll now get on making those physical therapy appointments.

3 Responses to “Ouch!”

  1. snafu Says:

    I hope you'll consider calling the property management manager to plead 'nearly senior' newer condo owner, who truly didn't understand that she needed to make changes at the bank and plead for a reversal of the $ 50. penalty. [The late fee is arbitrary and easily reversed] the worst outcome is status quo, the best is a gain of $ 50. Call it a big snowflake.

  2. FrugalTexan75 Says:

    I agree with Snafu - I'd call them and see if they'll reverse the charge.

  3. CB in the City Says:

    Just got an email from our condo association president saying he will request that everyone who paid on time be reimbursed the late penalty.

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