(2) Max out IRA(s) - $11,000 (100%) (goal is $11,000) completed
(3) Add to e/r fund - $9,200 (92%) (goal is $10,000)
(4) Pay down mortgage - $5,000 (100%) (goal is $5,000) completed
(5) Trading account fund - $4,902 (98%) (goal is $5,000)
(6) House projects - $2,300 (77%) (goal is $3,000)
Total: $60,079 (87%)
Today I closed out goal number 4 and I made the last extra principal payment to CitiMortgage. In 12 months we have reduced our primary home mortgage by $18,500 which includes the $5,000 in extra payments. Pleased to see our mortgage principal is now below $240,000.
At present, we are about $3,600 behind on our original 2013 savings goals. To the extent we want to meet our revised 2013 savings goals, then we need to save another $2,950 before the year ends in just over a month. I have another $1,998 in 401k contributions before the end of the year. Which means that we would need to save another $1,000 towards our emergency fund, our trading account or our house project account. Assuming we have five weeks left in the year, we will need to save $184 per week to meet our revised 2013 savings goals.
I think reaching our revised goal should be do-able, but December is always an expensive month.
I think reaching our revised goal should be do-able, but December is always an expensive month.
No comments:
Post a Comment