Here’s where we were last month:
- Pay Mommy’s Medical: $1391
- Save to go to family reunion held in Hawaii: $2800
- Pay off Car Debt: $15,000 left
- Save 3-6 months worth of income: $21,000
Here’s our progress (I’m so proud of us!):
Pay Mommy’s Medical: $3451Save to go to family reunion held in Hawaii: $2800- Pay off Car Debt: $15,000 left
- Save 3-6 months worth of income: $21,000
Now we just have our car debt to get rid of and then we can finally start adding to our savings!!! I’m so excited with our progress I thought I’d go over our entire year’s worth of paid off debt. Here’s where we started:
- Hubby’s Medical: $1250
- Mommy’s Medical: $4500
- Hawaii family reunion: $2800
That’s a total of $8550 this year to date! Woohoo!!!
So here’s Our Current Goals:
- Pay off Car Debt: $15,000 left
- Save 3-6 months worth of income: $21,000
- Pay off our mortgage: $160,000 (I’m sort of on the fence about this one since this eventually will be a full investment property. In which case our renters will be paying more than the mortgage minimum payment each month. We’ll see…).
- Save up for a second investment property (we may switch this one with #3).
What are your financial goals?
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Great goals.
For setting and getting goals, you may want to check out a goal setting app called GoalsOnTrack, a very nicely built web app designed for tracking goals and todo lists, and supports time tracking too. It’s clear, focused, easy to navigate.
Thanks for the great tip, Harry! I can’t wait to check it out!