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January Snowflake Total

January 31st, 2014 at 06:11 pm

I was hoping I could write that this month was my largest snowflake total ever. But it isn't. It is the second largest total since I began recording in 2012. I accumulated $725.45 in cash from non-income sources. Credit card rewards definitely made a difference this month. This is 18% of my $4000 goal for the year. Here where that money all came from:

As promised, I put all this money towards paying down our mortgage. As a result we have less debt! Our mortgage balance is down $1,276.53 for the month. This represents 9% of our mortgage goal for the year, so we are ahead of schedule. Love it!!

I think quite a few of you were going to track your snowflake earnings this year. Do you have a total for January? It's not too late to start keeping track and looking for those snowflakes.

3 Responses to “January Snowflake Total”

  1. snafu Says:

    You're making a dramatic difference to your mortgage given how mortgage amotorization tables work. Have you worked out how much you've saved yourself in mortgage interest since the start of this mortgage? Cost avoidance is a powerful motivator, I was shocked at the difference it made. Have you considered how you'll use the sum of traditional mortgage payment once you're mortgage free?

  2. creditcardfree Says:

    snafu, I have done calculations in the past. We have way more than $14K to pay off on this mortgage, that is just our goal for this year. I know for a fact we will not have this mortgage paid off before we move again. But we will have some nice equity. Houses have been selling fast around here, and several online sites show our house increasing in value by 9% since we purchased in 2012.

  3. Rachael777 Says:


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