Tuesday, March 31, 2009

Financial Goals Update:March

1. Save 3 months living expenses by December 31. We have added $45 to this...not much but it will help us reach this goal!
2. Pay $3,000 towards our "small loan". We are excited that we have been able to pay off so much in only 3 months! Now we are going to keep paying towards the rest of the loan and it should be completely paid off by the end of the year!!!
3. Make an extra principal payment every month. Since the beginning of the year we have decided to take the Dave Ramsey approach and attack the smallest debt first. With focusing solely on our "small loan" we hope to have it entirely paid off this year and will then focus on principal payments!
4. Keep all Miscellaneous spending (Medicine, Toiletries, Clothing, Gifts, everything but food) under $100 a month. We once again stayed under the $100 mark!!
5. Sell $500 worth of stuff from around our home by July 31. We sold one item for $4 (every little bit counts!) and listed several on Craigslist which we have had a few hits on so hopefully we will get rid of some more & make some more money!!

1 comments:

Janet said...

Congratulations on your great progress!