April 2013 :: Goals

Our goal for April is to pay $2,700 toward our debt. Taking into account the interest that will be charged ($412) , the net will be $2,298.

So our totals at the end of  April should be:

Credit Card Debt $  17,141.96
Taxes Owed $        00.00
Car Loan #1 $    8,829.19
Car Loan #2 $  14,709.19
Tuition $      705.66
Personal Loans $        00.00
Total Debt * $ 41,386.00

*does not include school loans

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

Regular Savings    :: $   325
Emergency           :: $   550

Total Savings      :: $   875

According to Quicken, our debt-free date is :: October 2015.

March 2013 :: Report

Debt Reduction

Here is where we were after 3.31.2013:

Credit Card Debt               :: $    17,924.96
Taxes Owed                   :: $            00.00
Car Loan  #1                    :: $       9,381.81
Car Loan  #1                    :: $     14,949.50
Tuition                           :: $       1,705.66
Personal Loans                 :: $           00.00

Total Debt*                        ::  $ 43,683.62

*does not include school loans

Yes. It is difficult to watch that total go up. But we really did our best to get every last mile out of my old car (yay for getting past 190K miles!) and it was time. So, now I have a safe car, with good gas mileage to get us around. This is life.

Budget

Guess which category we struggled with? Yup. Food. Sigh…

We also had a lot of pre-summer camp fees to pay for registration, so there was a bit of spending there, but we’ve got that budgeted, so it isn’t like we weren’t prepared.

Savings

Where we landed at the end of March:

Regular Savings  :: $     165
Emergency        :: $      00

Total Savings      :: $   165

That’s $25 less than we wanted and a lot less than we wanted for the Emergency Fund, but the new car purchase impacted quite a bit of that.

We missed the halfway point!

Yesterday, after getting caught up on my numbers, I noticed something that bears mentioning…

We are at 51% paid-off!

Wait, what?!? We rolled right past the 50% celebration! Oh, no!

Well, the great news is that we’ve reached this milestone. I’m a little “sad” that it has taken us 4 years to reach this point, but I’m still thankful. It isn’t like we haven’t had some set backs during this time and there was that whole year where we were just in survival mode as we were adjusting to our new family reality. That being said, my spreadsheet and Quicken seem to think we can knock the rest of this out in 20 months, so LET’S DO THIS THING!!!

March 2013 :: Goals

Our goal for March is to pay $1,900 toward our debt. Taking into account the interest that will be charged ($323) , the net will be $1,577.

So our totals at the end of  March should be:

Credit Card Debt      ::  $ 17,930.61
Taxes Owed            ::  $        00.00
Car Loan                 ::  $  9,107.50
Tuition                   :: $    1,205.66
Personal Loans        ::  $        00.00

Total Debt*              ::  $ 28,243.77

*does not include school loans

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

Regular Savings  :: $   190
Emergency           :: $   550

Total Savings      :: $   740

According to Quicken, our debt-free date is :: November 2014.

February 2013 :: Report

Debt Reduction

Here is where we were after 2.28.2013:

Credit Card Debt               :: $    18,723.66
Taxes Owed                   :: $            00.00
Car Loan                        :: $       9,381.81
Tuition                           :: $       1,705.66
Personal Loans                 :: $           00.00

Total Debt*                        ::  $ 29,811.13

*does not include school loans

_______________________________________

Budget

I’ll have to come back to this – I wanted to get an update out there and not have anything else delay me, so this will wait 🙂

Savings

Where we landed at the end of February:

Regular Savings  :: $     140
Emergency        :: $      00

Total Savings      :: $   140

August 2012 :: Goals

Our goal for August is to pay $1,978 toward our debt. Taking into account the interest that will be charged ($305) , the net will be $1,602.

So our totals at the end of  August should be:

Credit Card Debt      ::  $ 20,623.94
Taxes Owed            ::  $        00.00
Car Loan                 ::  $ 11,006.37
Tuition                   :: $    1,705.66
Personal Loans        ::  $        00.00

Total Debt*              ::  $ 33,350.97

*does not include school loans

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

Regular Savings  :: $     40
Emergency           :: $   500

Total Savings      :: $   540

According to Quicken, our debt-free date is :: November 2014.

February 2011 :: Report

Debt Reduction

Our goals for February were:

Credit Card Debt      ::  $ 20,472.35
Taxes Owed            ::  $          00.00
Car Loan                 ::  $ 15,690.11
Personal Loans       ::  $          00.00

Total Debt*              ::  $ 36,162.46

And here is where we were after 2.28.2011:

Credit Card Debt     ::  $20,467.93
Taxes Owed         ::   $       00.00
Car Loan              ::   $ 15,689.60
Personal Loans   ::   $       00.00

Total Debt*             :: $36,157.53

*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 February:

Regular Savings  :: $     120
Family Leave       :: $    600
Emergency           :: $    717

Total Savings      :: $ 1,437

Where we landed at the end of February:

Regular Savings  :: $    26
Family Leave       :: $  520
Emergency           :: $  702

Total Savings      :: $ 1,248

Not as much as we wanted, but, still, we’ll continue to work on it.