Monday, October 15, 2007

Changed Some Goals…

I changed some goals after reading About Tree Fiddy's blog.

Emergency Fund:

$2k emergency fund for repairs, minor emergencies, etc. – Funded

Unemployment Fund

$15k goal for 3 months of expenses

Will be slow going because I am in debt repayment mode.

Credit Card:

Here is the plan. I will be using the remaining $9k that I have in savings in October and November to reduce the balance to under $6k.

Beginning Balance: $15,800
October: - $4,000 ($11,800)
November: - $5,500 ($6,300)
December: - $500 ($5,800)
January: - $300 ($5,500)
February: - $3,300 ($2,200)
March: - $2,200 ($0)

Student Loans:

1/2008: $150
4/2008: 870
6/2008: $330

Total $1,350 (Interest Only)

1 comment:

SavingDiva said...

Why don't you just apply the $9k right now? Why wait until November?