Time is going fast! We have already made it through four months of 2014. Time for an status update on our mortgage goal. As a reminder the goal is to pay down $13,993 in principal by the end of the year. This would bring us to an even balance on our mortgage of $X15,000.
We are making our regular payment and rounding that payment up to include about $103 towards principal at the beginning of the month. At mid month, we are sending in an additional $275 towards principal. All the extra funds we find, which I call snowflakes, are sent to the mortgage to help us reach our goal. Those snowflakes really add up and make a difference.
Here's all the payments that were made to our mortgage in the month of April:
As of April 30, we have paid $5,538.82 towards reducing our mortgage balance. That is 39.5% of our goal so we are ahead of schedule right now! We have just another $8,454.17 to go in order to meet the goal.
Today on
What percentage of your financial goal have you completed during the first four months of the year? Are you on track or behind? How did your decluttering go for April? Will you continue in May?
May 1st, 2014 at 12:41 pm 1398948091
May 1st, 2014 at 03:18 pm 1398957484
May 2nd, 2014 at 01:59 am 1398995969