Monday, November 10, 2008

2008 Goals

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 (this goal has been completed!)
(5) 2008 IRA - $10000
Total: $50,000

Current numbers:
(1) $4000 (50%.)
(2) $17000 (Progress - 100%.)
(3) $13173 ($21,173*) (Progress - 132%)
(4) $5108 (Progress - 102%)
(5) $8500 (Progress - 85%)
Total: $47,781 (Progress - 96%)
* Our emergency fund already had $8000.

We continue to be on track for wrapping up our 2008 savings goals ahead of schedule. Once we finish funding Mr. Sam's 2008 IRA, I think we will start putting aside money for our 2009 IRAs since we only funded my 2007 IRA (see goal #1). Otherwise, I have diverted the auto savings for the baby account (see goal #4) to our house account to fund a new sofa next year.

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