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Friday, January 25, 2013

Financially Fit Friday

“When real faith grips you, you develop a mind-set that looks for the best in everything, refuses to give up, finds a way around or through every obstacle, and presses on to victory.”
- Norman Vincent Peale

Have you started a money makeover? What are you planning on paying CASH for? What bill are you paying off? Share a bit of your story! No story is too small to share! Real life stories keep Carrie motivated. Catch up on Our Story to see how far we’ve come.

Emergency Fund - $1000 – Stocked

House Fund – Goal $20,000.00 by 3/31/2013. The house we put an offer in fell through, so we are starting from scratch.  I have a new drive to work like crazy and stock pile more savings!  We still have nearly $2000 in medical bills to pay for by the end of February, plus tuition is due the end of February.  So, this should be an interesting month or two here.  We will get reimbursed for our medical bills starting in February and I'm so thankful for that!  We also massively cleaned our basement, and I'm donating and selling lots of items, hopefully to make for a smoother move once we find a home!

  • Deposited $0 in spare change (I was too lazy to go into the bank haha)
  • Deposited $60 in leftover income
  • Deposited $3 from a survey
  • Deposited $7.75 from Ibotta (I love this new couponing system!)
  • Currently Saved $8,735.29
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The following are the other loans we currently have, but will put them on the back burner as we save for a house bigger than a 2-bedroom for our family of SIX! We plan on keeping the duplex we currently own, and renting out the side we currently live in, thus earning more money each month that will pay these off for us :D

Hubby’s Student Loan as of 10/01/2011 $9395
  • Outstanding Balance is $8,658.31
My Student Loan as of 10/01/2011 $6480
  • Outstanding Balance is $5,937.74
Family Loan $3000 – I was told to keep this and put this towards a new house, since the person doesn’t need this money right now. Bonus :D

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