Sunday, June 13, 2010
Mid Year 2010 Review!
So, its mid-June, half of 2010 is gone! I decided now would be a good time to see how far I've come this year in my savings and debt repayment goals. I'm about half way with my emergency fund goal for 2010 ($1000) - I will be adding more to this in the upcoming years until I have 6 months of essential expenses tucked away. I've also had to deduct money from this account to pay my portion of the trip to Alberta in July, but from now on it will be devoted 100% to emergency fund. After the emergency fund is at $1000, the $100 a month that is going into that account will be diverted into my "Christmas and Gift" fund, which I hope to have $500 by the end of the year.
My RRSP isn't showing a big difference even though I've contributed over $500 to that account! Oh mutual funds and stock market, how you make my life more difficult! (In more ways than one! - my career is in the financial industry, BTW). I may be looking into some different options for my money in the upcoming year, right now I will stick to it.
Student Loan and Visa are PAID OFF!!! I've put $3800 towards my consolidation loan, but its only gone down by $2200 - damn 29.9 interest rate :(((( I've put $1200 towards my MasterCard, but interest, and the fact that I still sometimes use it - I know, bad pf blogger, bad! - it hasn't gone down much at all. But, overall, my debt has gone down by about $5000 so I think that's not too shabby. I just REALLY need to leave that MasterCard alone!!! I'm hoping that at my next review (December) it will have actually gone down by the amount I've put on it (less interest of course, boo). Credit Gods, please give me strength! ;)