Friday, May 27, 2011

Financially Fit Friday

Emergency Fund - Stocked

Vehicle Fund - Stocked
  • We'll be purchasing this vehicle in June.  Right now we are technically "borrowing" it. 
Indiana Fund (Goal is $500)
  • Current Balance is $2.75 after our trip.  Stocking up on snacks ahead of time by using a few dollars out of our grocery budget here and there and limiting how much we go out to eat really saved us money!  We had over $200 but some bills needed to be paid since we haven't worked in two weeks.  We also splurged and had a great date night using leftover funds from the trip, and it was much needed! 
    • Deposited $11.87 in spare change - two weeks worth.
    • Deposited $6 in surveys
    • Deposited $7.97 from Ebates.
  • New Balance - $28.59
    • We head back to Indiana in just over 2 weeks to bury Hubby R's Mom.  So we have A LOT of work to do.  We will do a lot of "Whatever is in the Cupboard" eating for two weeks and the week we come home LOL

Colorado Fund (Goal is $500)
  • Deposited $0 since I haven't worked in two weeks :o(
  • Total - $269.16
    • This total will greatly diminish as soon as Sister S cashes a check - the tickets were bought :D

Credit Card Beginning Balance 4/29/11 - $6031.08

  • Paid $60 to cover a charge put on the card, I had to pay more, just so I can see it go down a wee bit.  I'm kind of discouraged as we will have 3 trips to Indiana in 6 weeks.  I like seeing family that much, I just don't like the hit on our pocketbook.  And we are coming up to the summer, which is notorious for low commissions.  I hope this summer is different.  However, looking at the current balance to what it was 5 weeks ago, we've paid almost $100/week on it.  I'm proud of that.  For now :D
  • Current Balance - $5490.14
     *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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