Before any of my newer readers get excited, let me say that all of my credit card debt is in the form of a 0% balance transfer. Please see all three of my posts (1,2,3) on this and the best 0% offers that I have found. No crazy interest payments here.
Ok, so this month was a good month. Our net worth increased $2,946, and our non-retirement funds went up $2,796. I say it was a good month because the stock market had a bad month, the S&P 500 was down 3.1% for the month of March, we took a mini-vacation, and we still came out strong. Which is good because I am going on vacation for a week in April and will be probably be dropping close to a grand on it.
I paid off one of the aforementioned 0% balances this month, which is why you see the big debt reduction and slight loss of assets this month. We are now $63,000 away from our mid-term goal of $100,000, with 27 months to go. That’s $2,333 per month, and we are on track.
We don’t have a monthly budget. I can not tell for instance, if we spend more or less on food this month vs. last month. I would like to start figuring that stuff out – if I could just find the Money 2005 software CD that I bought, I would install it and start trying to use it. This will most likely be my monthly goal for this month (using it, not just finding it. Although at this pace…).
By Jonathan Ping | Goals | 4/4/05, 7:09am