Sunday, August 17, 2008

Finally - Half Way Post

We have been behind all year on our 2008 savings goals. But, I'm happy to report that we finally have reached the 50% mark. While goal #3, increasing our emergency fund to $18,000, has been completed we continue to add a small amount each month to our emergency fund.

2008 goals:
(1) 2007 IRA - $8000 (this goal is now closed)
(2) Car fund - $17000
(3) E/R fund - $10000 (this goal has been completed!)
(4) Baby fund - $5000
(5) 2008 IRA - $10000
Total: $50,000

Current numbers:
(1) $4000 (50%.)
(2) $13787 (Progress - 81%.)
(3) $11280 ($18,972*) (Progress - 113%)
(4) $5
(5) $0
Total: $29,072 (Progress - 58%)

* Our emergency fund already had $8000.

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