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Saturday, October 5, 2019

Where the money stands

wow I just realized I haven't done one of these since July. This life change has definitely affected me in more ways than I can count.


Debt
Mortgage - $3 461.92
College LOC - $9 000.00
Total Debt - $12 461.92


Planned Savings
TFSA - $9400
RRSP - $14 262
TFSA 2019 - $600
Back to School - $200 (used $300
Summer 2019 - $300
Christmas 2019 - $500

The mortgage will be done in a few months and by then we will be out of the house and probably know if we are keeping it  for the short term future or preparing to sell. If we keep it then we have to start saving monthly for the property tax, which we've never had to pay before as they were included in the mortgage.

The college line of credit is now below 10 000 so that is good. Hopefully there are no murphy events and I can work to eliminate this in the next 18 months