Pages

Tuesday, December 7, 2010

Where the money stands

as of December 7th

Debts
Mortgage - $35 449.84
Vehicle Loan - $16 960.41

Total Debt - $52 410.25

Savings
Summer 2011 - $275
EF (TFSA)  - $2000

Total Savings - $2275

Planned Savings
RRSP Portfolio - $2500
RESP - $6140

A few changes then this month. Debt went down by $1300ish. I can't wait for it to go below $52 000. It will be nice to see a new and lower 'decade'.

The EF went into the TFSA. I am not sure if I will transfer money to it each month next year or if I will do it in chunks. New realm for me.

The RESP went up this month. I am guessing it is the government incentives that are going in. Tiny balance, but better than the $0 balance I started 2010 with.

The RRSP was added to this month as well. I took the  $1500 I had saved and put it in. I figured I might as well do it now rather than wait til after Christmas. The tax forms will be here sooner then and I will be ready to go when next tax season hits.

3 comments:

FB @ FabulouslyBroke.com said...

I like the little by little idea.

Every little chunk helps, and you'd be surprised at the end how much you managed to sock away (or max out!)

Anonymous said...

Great job on the debt reduction Jolie!

Maureen said...

Way to go, it,s all downhill from here......And that,s a good thing !!!!!