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Wow- I got comments on my first blog ever

September 5th, 2007 at 07:18 pm

So my first and only blog ever I wrote back in January and then never wrote again. I figured no one would check out. Thanks to those who stopped & checked out and made comments.

Guess I'll update you on my progress!!! Since then my husband and I have both had raises! YAY- our combined income is now $128K. We have done the following from our original plan:

Credit Card- paid off

Furniture- paid off

(1) car loan $4880 balance- payment is $313/month- should be paid off in a 1 year 3 months

Personal Line Credit- $3900 balance

Money Market Account- $3500 (dipped into for car repairs and I admit some furniture) I'm a total furniture junkie! We had socked away $6100

So the main thing we need to continue to do is pay down the personal line of credit.

We also have paid cash for a trip to Disney World coming up next month. Yes, I know we should pay down our debt instead but we all need vacation and as long as we don't finance it I think it's well deserved!

Posted in Uncategorized | 3 Comments »

3 Responses to “Wow- I got comments on my first blog ever”

  1. Carolina Bound Says:
    September 6th, 2007 at 03:25 pm 1189092318
    1189092318

    It sounds like you are doing really well on your goals. Congratulations on your raises. Having an income at that level will really make being debt-free possible!

  2. Paul Says:
    December 26th, 2007 at 06:07 am 1198649250
    1198649250

    You are on the right track, but I would advise a seprate savings for emergency items such are car repairs so as not to loose potential gain on your MM. I would also consider moving your savings from the money market account to a higher paying Roth IRA if it is a long term savings or just a mutual fund if you plan on saving five years or more.

  3. payday loan Says:
    February 29th, 2008 at 02:10 am 1204251054
    1204251054

    Never let yourself be in a position to take out short term high interest loans (which I sell by the way) They can absolutely ruin an entire financial plan!

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