Where the money stands

as of December 1st, 2009

Debts

Mortgage - $38 170.02
Consolidated Loan - $5 442.74
Vehicle Loan - $27 159.23


Total Debt - $70 771.99


Savings
RRSP 2009 - $1000
Efund - $1 150
Summer 2010 - $1000
RRSP 2010 - $75


Total Savings - $3 225

Not a bad month. I reduced my overall debt by about $1500. By next month, it will be under $70 000 and that is good news indeed. Every little decade of debt that goes down, is fantastic.

For savings, my EF slowly climbs by $50 a month. Not huge but better than nothing. Summer 2010 is fully funded at $1000. That was a random number I picked. There are no specific plans for that money but it will be nice to know that if I want to take the boys camping we have the cash for that. We shall see how long that $1000 lasts when summer actually comes.

I will have to ask at the bank how to do the RRSP 2009 when the time comes. I know it's teeny and hopefully they won't laugh at the small amount, but it's a start. I will shoot for $1500 for 2010 and perhaps keep increasing it like that as I go.

I removed the Christmas 2009 from my progress bars and I have taken it off my savings. I have used less then $200 of it thus far. Funny how I am being so stingy on Christmas gifts when I actually have money to pay for them, but other years, when I just charged my butt off, it didn't really matter. That is totally financially ironic.