Friday, January 13, 2012

Financially Fit Friday

"When real faith grips you, you develop a mind-set that looks for the best in everything, refuses to give up, finds a way around or through every obstacle, and presses on to victory."
- Norman Vincent Peale

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 Catch up on Our Story to see how far we've come.

Emergency Fund - $1000 - STOCKED!

Tuition Payment - $1000 due on 1/25/2011
  • Deposited $3.01 in spare change
  • Deposited $10 from Brita rebate
  • Deposited $20 in leftover income
  • Deposited another $49.65 from Scrip Program!
    • This program is through our kids' school. We buy gift cards for gas, groceries, department stores, etc each week and a portion of it goes to decrease our tuition amount due!
  • Currently Saved $414.25 -  41% of our goal
    • Whoa, this is quickly approaching. I forgot about it, crap. lol
Fun Money - I am saving up my money to take Hubby on an Anniversary Trip this year - our first vacation together since we got married!
  • Deposited $20 in fun money
  • Current Balance $61.71
    • This account pays for my membership at Curves, for my ladies night out, and gifts for birthdays and Christmas. So I need to start saving for Christmas! Oh wait, I'm excellent at finding sales/deals, so I don't need much lol
House Fund - Goal $15,000.00 by 5/31/2011
  • Deposited $0, we need to stock the Tuition Fund first :o(
  • Currently Saved $0
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The following are the other loans we currently have, but will put them on the back burner as we save for a house bigger than a 2-bedroom for our family of SIX :D We plan on keeping the duplex we currently own, and renting out the side we currently live in, thus earning more money each month that will pay these off for us :D

Hubby's Student Loan as of 10/01/2011 $9395
  • Outstanding Balance is $9,240.20
My Student Loan as of 10/01/2011 $6480
  • Outstanding Balance is $6,366.18
Family Loan $3000 - Will be paid back with tax return

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