Archive for February, 2011|Monthly archive page
February 2011 :: Goals
Our goal for February is to pay $1,600 toward our debt. Taking into account the interest that will be charged ($180) , the net will be $1,420.
So our totals at the end of February should be:
Credit Card Debt :: $ 20,472.35
Taxes Owed :: $ 00.00
Car Loan :: $ 15,690.11
Personal Loans :: $ 00.00
Total Debt* :: $ 36,162.46
*does not include school loans
And now for the Savings Goals – at the end of February, we aim to have:
Regular Savings :: $ 120
Family Leave :: $ 600
Emergency :: $ 717
Total Savings :: $ 1,437
According to MSN Money, our debt-free date is :: March 24, 2013.
January 2011 :: Report
Debt Reduction
Our goals for January were:
Credit Card Debt :: $ 21,645.18
Taxes Owed :: $ 00.00
Car Loan :: $ 15,939.99
Personal Loans :: $ 00.00
Total Debt* :: $ 37,585.17
And here is where we were after 1.31.2011:
Credit Card Debt :: $21,642.04
Taxes Owed :: $ 00.00
Car Loan :: $ 15,940.42
Personal Loans :: $ 00.00
Total Debt* :: $37,582.46
*does not include school loans
Budget
Since I moved over to Quicken, I’m still trying to figure out the budget reporting – it isn’t working the same way as I was used to with MSMoney. But, from what I could tell, things went really well – we will see!
Savings
Savings Goals for January:
Regular Savings :: $ 50
Family Leave :: $ 640
Emergency :: $ 773
Total Savings :: $ 1,463
Where we landed at the end of January:
Regular Savings :: $ 104
Family Leave :: $ 539
Emergency :: $ 700
Total Savings :: $ 1,343
Not as much as we wanted, but, still, we’ll continue to work on it.
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