2019 Debt Reduction and money Management ( 12-21-2019) - Page 3
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  1. #31
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    Car loan is now at $4540. Hoping to get it down to $4k by the end of March!

  2. #32
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    didn't get in last week to add to the IRA's. was supposed to go yesterday, but needed to wait until DH checked the lug nuts on the Mazda and he didn't do that until last night. I am hoping I can make it there today. but we will see if that happens. It is amazing how life gets in the way of plans for future life. haha! ( in my defense of last week, I have a DD and her family travelling though that nasty blizzard last week and was totally preoccupied with keeping up with her travels and the stuff she was going through.)
    Keep up the great work everyone. I totally get the bumps and hiccups that happen to our best laid out plans.

  3. #33
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    Nope, didn't make it out on Wednesday, but did make it out yesterday. this addition puts us at about 33% added for the year. Yay! I plan on trying to get it finished before the end of August. We will see. We did have to add 4 new tires for the Mazda into the mix too so now I need to pay those off too. and we march on......

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  5. #34
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    The carpenters are finally here! We have new windows, and insulation. The difference is incredible, not only for the heat, but the noise level is also greatly reduced. There was this constant noise from the road, that I didn't notice until it is gone. But now that it is silent, it feels so much more cozy here. I'm really glad we decided to go for triple glazed windows, especially since they only cost $600 more (in total). The carpenters are still working on the siding, so we probably won't get the final bill until April, but baring any last minute surprises, it looks like we are keeping to the budget within a few hundred bucks.

    The negative side of renovations, is that you notice how scruffy everything else looks. But paint for the walls and new flooring is stuff DH can do himself, and something we can cashflow.

    The issue with DHs disability has been postponed until new year. We have 8 months to get all the paperwork together and get all the tests done. Not sure it can be done in that timeframe, but we are doing our best. But for the next 8 months we are safe on the income side.
    Total paid/saved: $82 600
    Total goal 2019: $12 200 done ($39 300 to go)
    Total goal: $272 900
    To do: $190 300

  6. #35
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    Got my Fed tax refund and used it to pay off a few credit cards.

    Owe less than $5K on the windows and doors we had put in. Hurray! Those are on a 0% interest payment plan through November, so I'm just going to let that sit as is.

    Still waiting on my state tax refund and a speaking engagement fee which should come in the next few weeks.

    Will put half of that into our emergency fund to beef it a up a bit more and the other half will be used to purchase a new grill we've wanted for a while.

    I'm feeling really good about 2019!

    We're planning an anniversary getaway to New Orleans. Need to start saving for that as well.
    2018/2019 Pay Off the Windows Challenge: $26,886.34/$31,057.34 (Goal: Pay Off By 12/31/2019)

  7. #36
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    got some more into one of the IRA's. also managed to get a small CD done too. hoping by the end of the month I will have one account to over the half way funded. The other I hope to be to over a third the way funded. Still hoping to get them fully funded by the end of June, but we will see.

  8. #37
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    Still waiting for the big renovations bill, but have had cashflowed some paint and other smaller stuff. Also finished paying for the property lease and paperwork. Edging closer to filling up the emergency fund - still on track to reach it before May.

    Got confirmation that DH will get temporary disability payments until new year, but after that we'll have to get temporary disability approved, or he'll get nothing.

    Student loan #1: $9 000 (done)
    House renovation: $35 000 (done)
    Full size EF: $ 13 400 (1 600)
    Property lease and paperwork: $10 000 (done)
    Student loan #2: $7 700 ($19 300 left)
    Index fund and stocks: $6 000 ($5 400 left in 2019)
    Mortgage main part: 0 ($115 000 left)
    Mortgage rest: 0 ($50 000 left)
    Total paid/saved: $82 600
    Total goal 2019: $12 200 done ($39 300 to go)
    Total goal: $272 900
    To do: $190 300

  9. #38
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    and boom, just like that one IRA account is over the half way point. The other account is now over a third of the way full. Hope you all are reaching for your goals and having some success. Remember, small and steady wins the race. ( at least this money race)

  10. #39
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    Starting to make a dent in the debt. Two more payments on my car and two more payments at Best Buy. Then we'll be able to make some bigger dents in the rest of the debt. Getting excited.

  11. #40
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    End of April. How is everyone doing? I bit the bullet and just went ahead and finished filling one of the IRA's. Was also able to add to the other IRA. This one sits just below 50% for the year so well on our way to getting it finished off in a timely manor. Will be able to get it finished off quite quick since we are only working on one instead of 2. Plan is to have it finished by July. We'll see if we make it. then on to extra on the mortgage. So close, yet so far away.

  12. #41
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    Filled the EF back up, plus 800 extra. The extra funds will go towards student loan#2, but I'm not counting them until all the large bills have been covered in May, including large parts of our summer holiday.

    Student loan #1: $9 000 (done)
    House renovation: $35 000 (done)
    Full size EF: $ 15 000 (done)
    Property lease and paperwork: $10 000 (done)
    Student loan #2: $7 800 ($19 200 left)
    Index fund and stocks: $6 600 ($4 800 left in 2019)
    Mortgage main part: 0 ($115 000 left)
    Mortgage rest: 0 ($50 000 left)
    Total paid/saved: $82 600
    Total goal 2019: $12 200 done ($39 300 to go)
    Total goal: $272 900
    To do: $190 300

  13. #42
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    I just paid a big chunk on my Ohio mortgage and it's down to $8,500. It will be paid off before the end of the year.

  14. #43
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    Finally got the bill for the renovations, and set up the money for transfer. It feels a bit weird to pay a bill of $35 500, but I have double and tripple checked that I have set up the transfer to the correct account.

    To celebrate that we finally know how much stuff will cost, I have transferred $1000 to the student loan. Was planning to wait until the end of the month, but it is much to much fun to transfer when we have the extra money available.

    Student loan #1: $9 000 (done)
    House renovation: $35 500 (done)
    Full size EF: $ 15 000 (done)
    Property lease and paperwork: $10 000 (done)
    Student loan #2: $8 800 ($18 200 left)
    Index fund and stocks: $6 700 ($4 700 left in 2019)
    Mortgage main part: 0 ($115 000 left)
    Mortgage rest: 0 ($50 000 left)
    Total paid/saved: $82 600
    Total goal 2019: $12 200 done ($39 300 to go)
    Total goal: $272 900
    To do: $190 300

  15. #44
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    added to retirement account. I had actually added more to it than I originally thought, so need less to add to it. But something has come up and we will need to focus on that more fully instead of the retirement account. this just means we will be adding less each month for a few months until we can get it paid. It will still get funded for the year. just not as fast as I had wanted to.

  16. #45
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    we have our automatic payments into kids education funds and retirement funds. but other bills have gone up too many bills at the moment

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