Friday, July 8, 2011

Financially Fit Friday

Ok, I "edited" my last version instead of making a new week's Financially Fit Friday.  "Good thing" I didn't add anything to it to make it any different than last week's since I'm on vacation.  Oops :o)

Have you started a money makeover?  What are you planning on paying CASH for?  What bill are you paying off?  Share a bit of your story!  No story is too small to share!  Real life stories keep Sister C motivated :D

Emergency Fund - Stocked

Indiana Fund (Goal is $500)
  • We won't be stocking this fund again for a few months.  Grandpa will be visiting us instead.  Current balance is 0.
Colorado Fund (Goal is $250) - I leave August 15th!
  • Deposited $0 Fun Money
  • Total - $111.77
Credit Card Beginning Balance 4/29/11 - $6031.08

  • Deposited $0 since we're on vacation.
  • Current Balance - $4317.93 
    • I realized that I never set a date for this loan to be paid off.  If any of you do goal setting, you know this is Rule #2!  So, this loan will be paid off before Halloween - October 31, 2011!  That is just over 3 months away!
     *If you follow Dave Ramsey, he says no matter what to pay down your next lowest balance.  This is not our next lowest balance, but it's our highest interest rate one.  Now that we've paid off so many loans in the last 2 years, we believe this is a better route to go, where as our other loans have such a small interest rate on them, this is by far the worst "loan" we have.  So,  Ready...Set...GO!

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