Let's just say I was pleased with the goals I set last year as I achieved them. I paid off several small bills that were lurking. I learned so much from the blogs. I took on a new attitude.
This year I am going to concentrate on two main goals.
- Pay off the sewer loan as quickly as possible. payment is $350.00 a month DONE APRIL 26TH
- Pay off the loan for the studio CC by the end of September.
This is over $20,000 I do however have $9,000 coming in from studio sale. $3150.00 will come from the standard payment of the sewer loan. So that means I have to come up with at least an extra $1000.00 a month out of our budget. Can I do this? You bet I can just watch me!
There are other little smaller bills I am also working on that I hope to kick to the curb this year. There is always medical, and repairs, and stupidity.
It is 2019 and I have to say I accomplished so much more than I thought I would. I really became serious about debt payoff and worked a snowball into reducing our outgo of money by over $800.00 a month which was put toward debt.
Mom passed away in June allowing my to not have my loan to her which had a balance of 9500.00. I also inherited enough money to pay off all remaining debts except the house.
We purchased a new car much to my regret but it was a have to not a want. I had to leave the clutch behind due to safety. Thus we incurred a new debt.
But my financial goals this year are to pay off the house, which I am sure we can do.
Get my inheritance account back to at least 15,000. $4500.00 from D#2 and at least $5000.00 from me. Once the house is paid off I can really add to this.
Keep credit card purchases at a minimum and pay off asap.