Sunday, October 12, 2008

Correction - Working on Goals # 4 and 5

2008 goals:
(1) 2007 IRA - $8000 (this goal is now closed)
(2) Car fund - $17000 (this goal has been completed!)
(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) $17000 (Progress - 100%.)
(3) $11985 ($19,985*) (Progress - 120%)
(4) $2892 (Progress - 58%)
(5) $1500 (Progress - 15%)
Total: $37,377 (Progress - 75%)
* Our emergency fund already had $8000.

As you can see, although we are still a bit behind on our 2008 savings goals, we have hit the 3/4 point. And, we have also decided to start working on goal #5 and put some money into our IRAs to take advantage, we hope, of the bear market.

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