Hi, everyone. I got paid today and so more money went to savings and debt. I have not been counting my contributions to retirement or mortgage payments, because those things are more or less on auto pilot, but I am still doing them. My objective this year is to pay off debt and build up savings.
My prior challenge balance: $932.76
Contribution to Regular Savings $40.00
Contribution to Car, House, Medical, AAA/Tax Savings: $78.00
Slush Fund Transfer $20.00
Payment to cc #1 $40.00
Payment to cc #2 $20.00
New Challenge Balance: $1130.76
I also cashed in rebates at mrrebates. I will get the deposit April 1st and immediately put it on cc#2.
My retirement also went up some and my mortgage down. Yeah!
We also recently got our tax return. We have spent some of it so far and have specific plans for the rest.
$1167 federal
$177 state
Total $1344
Paid Plumber to Have Toilet Fixed $50.00
Paid for New Wave Enviro Water Filter $54.00
Paid for New Guttering On Front of House $196.00
We have not had it done yet and don't yet have a quote, but we will be buying 2 new windows for our house and having them installed.
With the rest, we will be paying off DH's hospital bill #4, which is about $70.00, and the rest will get sent to cc #2.
The last part with windows and payoff of medical and credit card debt frees up monthly expenditures so we will have more money for other things in multiple ways: 1) will likely lower electric and gas usage, which in September, will mean our equal payment amount will get lowered significantly and 2) will lower our monthly payments on debt, so we can concentrate on payments to other debts.
We know for certain to our existing windows are a major factor in our electric and gas usage. Last summer in July, it was very hot in our house, particularly the kitchen. My husband saw an article on the internet about how you can use foam insulation boards like these
52 Week Challenge Progress
March 14th, 2014 at 03:12 pm
March 14th, 2014 at 03:49 pm 1394812151