These are the goals we set for 2008:
1)Save 15% of gross salary - retirement
2)Save $2000 for each child - college
3)Save down payment & purchase newer van
4)Begin to payoff home equity loan
The college and retirement investments are on track to be completed as planned. Automatic payments on the retirement plan sure help there!
We did save money for our Honda Odyssey purchase back in May. We are paying nearly $500 a month for a loan that has a 3.9% interest rate. I am pleased that over $400 goes to principal every month.
We have made extra payments on the home equity loan this year in the amount of $709.12. This is far less than I thought we would send in, but the year is not over.
We did have a car repair in this last month that took away some extra cash I was hoping to send in...but I'm sure I might be able to come up with more cash by the end of the year.
I'd be happy with at least another $300, but love to find another $800+ so I could get the loan under the $14K mark. Wish us luck!!
2008 Goals Reviewed
November 5th, 2008 at 05:31 pm
November 5th, 2008 at 05:35 pm 1225906520
November 5th, 2008 at 05:44 pm 1225907095
November 5th, 2008 at 06:14 pm 1225908852
Good going! I lacked any clear goals for 2008! You're doing great!
November 5th, 2008 at 09:29 pm 1225920567
November 5th, 2008 at 10:26 pm 1225923973