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Friday, April 6, 2012

Where the money stands

as of April 6th

Debts
Mortgage - $31 354.72
Vehicle Loan - $2842.86
LOC - $3600

Total Debt - $37 797.58 
  
Savings/Planned spending

TFSA (EF) - $2000
RRSP - $4000
RESP - $9980
Summer 2012 - $1000
DSs trip - $1200

Thoughts: I decreased my debt by approximately $1450 this month. It's exciting to see it grow smaller. I didn't do a thing to improve my savings/planned spending but that is coming soon. I told myself that I had to mid May to use my extra money to pay down the loan and then, regardless of where the loan is at, the extra money goes back towards savings/planned spending goals. I am ok with that. I need to refocus on that.

I am now over 90% paid off on my loan!!!! I have been waiting for that % forever, it seems. Home stretch baby!!

7 comments:

Bridget said...

wow!! Nice work!!

Sharon said...

Wow! You are doing great! I wish that was all I owed on my mortgage!!

Maureen said...

How exciting I imagine your motivational levels must be sky high just now....

Counting all my stars and saving it said...

Keep going keep going, you're almost there. You're doing fantastic.

Jane said...

Woo hoo!! That's so exciting. I'm thinking of going gazelle on my line of credit beginning in May in order to get it paid off by the end of this year. That means that like you, I won't be doing much saving during the rest of the year - it is a juggling act for sure!

Cassie said...

I look at your mortgage balance and feel nothing but envy. You're doing awesome Jolie, keep up the great work!

Jolie said...

Thank you so much everyone!