July 2009 :: Goals

June was not the most successful month – money got tight at the end, and we had to pull back on some of our payments, which was discouraging, but this is a process, right?

Our goal for July is to pay $2,395 toward our debt. Of course, there is interest ($470) , so it won’t be a net reduction of $2,2950, but it should be around $1,925 – we’re getting really close to the $10,000 worth of debt paid off!

So our totals at the end of July should be:

Credit Card Debt  ::  $41,383.18
Taxes Owed           ::   $  3,368.50
Personal Loans    :: $  5,120.00

Total Debt*            ::  $49,871.68

*does not include school loans

It will be great to get past that $50,000 mark!!

PLUS, I’m going to start adding Savings Goals, so at the end of July, we hope to have:

Regular Savings  :: $  180
Paternity Leave  :: $  165
Emergency           :: $  535

Total Savings       :: $ 880


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