January 2010 :: Goals

Our goal for January is to pay $1,264 toward our debt. Taking into account the interest that will be charged ($374) , the net will be $890.

So our totals at the end of January should be:

Credit Card Debt    ::  $ 37,481.48
Taxes Owed              ::  $    2,609.66
Personal Loans        ::  $          0.00

Total Debt*              ::  $ 40,091.14

*does not include school loans

And now for the Savings Goals – at the end of January, we aim to have:

Regular Savings  :: $     30
Family Leave       :: $  690
Emergency           :: $  205

Total Savings      :: $  925

According to MSN Money, our debt-free date is still :: June 24, 2012

But I think we can get it all paid off by February 2012, which is 5 months earlier, so we have June as our goal and February as our “push” goal.


2 thoughts on “January 2010 :: Goals

  1. Stick to it and make it happen! I now need to go put my eyes back in their sockets after reading how much your interest payment was. I give you kudos for doing the ethical thing by attempting your very best effort to pay off your cc debt. You seem very realistic and focused on your goal.

What's your thought?

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s