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Less than $1000 Left to Pay in 2014

November 3rd, 2014 at 05:28 pm

The goal for the entire year is to pay down $13,993 in principal on our mortgage. Novembers payment, and a scheduled extra payment have been applied. We are less than $1000 away from our goal. Specifically, we have $915.16 left to meet the goal.

I actually thought there was an error because I was seeing that $x15XXX! But alas, it was as right as right can be. Yippee.

I did just make a little payment of $16.40 with some snowflake money that has trickled in since the end of October. That amount is included in the numbers above.

I feel really good about meeting the goal!

A few of you have asked if I will continue this goal in 2015. The answer is a little mixed, but yes I will make a goal to pay off a certain dollar amount for the first six months of the year. It will be more conservative. The odds are really pretty high that we will move. I hope we can sell FSBO, but part of paying the mortgage down was to help cover realtor costs. When you have plenty of equity in the home, it helps it not seem like a big deal. If we can sell FSBO, we will have more cash out than if we had not paid down on the mortgage.

Snowflakes and extra funds will be used to pay ourselves back for tires, vehicle maintenance, daughter's flute, senior pictures, college expenses, eye glasses and other expenses that are eating into some of our savings. It shouldn't take too long to recover, but it is important to take that step as we prepare for another move.

So again, I'm super excited about the goal and getting so close to the finish line! How are your goals for 2014 coming along? Have you thought about your 2015 goals yet?

5 Responses to “Less than $1000 Left to Pay in 2014”

  1. Beawealthywarrior Says:

    Great job and yes I'm already thinking of 2015!!

  2. PNW Mom Says:

    Great job on paying that mortgage down! It seems like you guys just moved. Any idea on where your next move will take you?

  3. PNW Mom Says:

    Great job on paying that mortgage down! Time sure flies.... it seems like you guys just moved. Any idea on where your next move will take you?

  4. starfishy Says:

    nice work and so inspirational!! Smile

  5. FrugalTexan75 Says:

    Way to go!

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