2009 Financial Goals: May Update
>> Friday, June 12, 2009
Well, I had forgotten to do this until I saw MoneySavingMom's update. This is how May went for us.
1) Pay off my husband's car.
Completed in January. Yay!
2)Make monthly "car payments" into a car savings account each month.
Made a partial payment.
3)Build our emergency fund up to six months of living expenses.
Increased savings from 39.4% of goal to 40% of goal.
4) Continue our normal contributions to retirement savings.
done
5) Paying extra on our mortgage.
Still rounding up for small extra payments
6)Save $1000 to cover all expenses for next Christmas.
Account is 69% funded.
7)Finally, by the end of the year, we plan to evaluate our savings plan and find a way to begin saving for college expenses.
Not there yet.
4 comments:
Sounds like you're making great progress on your goals! Thanks for visiting my blog.
Your doing great on your goals for this year! I am very impressed that you have 69% of your Christmas savings...that is something I haven't even thought of yet but need to since it is almost less than 6 months away!
Look like you have some goals and plan laid outo. We're trying to make similar plans ourselves, but we keep getting unexpected set backs. I can't wait to get back on track!
You're making progress! Hope June is a great month for you!
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