Thursday, December 4, 2008

Really Done

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) $13881 ($21,881*) (Progress - 139%)
(4) $5108 (Progress - 102%)
(5) $10000 (Progress - 100%)
Total: $50,000 (Progress - 100%)
* Our emergency fund already had $8000.

Now we're really done. We saved $50,000 this year for our various goals. We fell short on the 2007 IRAs but otherwise we completed all of our other goals and our overall goal to save $50,000.

Now what do we do? Well we're going to put $2250 towards the principal of our mortgage and we are probably going to buy some additional stock before the end of the year. Otherwise we are going to start working on our 2009 yearly budget and our 2009 savings goals and we are going to enjoy a stress free Christmas and holiday season.

Cheers!

1 comment:

Wise Money Matters said...

That is awesome that you've completed those goals. I would suggest making a new goal of paying off your mortgage. I'm trying to get my mortgage paid off within 5 years. It will require a lot of discipline but I think I can do it.