Post # 1
I am excited this week because I FINALLY paid off my credit card debt! When I first started, the balance was around $5000 (almost maxxed out). I had this balance for almost two years when I lost my job and decided to go back to school. It’s so nice that it’s now paid off!
For 2014, I have several small financial goals:
*To save up a downpayment for a new car
*To put a certain % of my paycheck in savings
*To make a dent in my student loans
What are your financial goals for 2014?
Post # 3
- Wedding: January 2013 - Harbourfront Grand Hall
@gingerspice: SAVE, SAVE, SAVE! I’m saving to continue to pay for college as I go, then DH and I are jointly saving for a vacation and probably replacing my car in the next few years.
Another goal that I have that may not sound financial is spending more wisely when it comes to buying clothes. I usually don’t want to spend a ton on clothes so buy 3 iffy $12-20 shirts that I wear a few times and hate instead of spending more $30-50 on nicer clothes that I’ll have for much longer. I’m trying to invest in my wardrobe so I look more put together on a regular basis if that makes sense.
Post # 4
To pay off the wedding & honeymoon by the time the wedding rolls around.. [so around $22,000], which is a pretty large amount for the area we live in [lower middle class country area].
The last few months we plan to save almost everything we make so we can place a somewhat decent sized downpayment on a house in 2015.
Post # 5
Our biggest goal is to pay off the rest of my student loans (~$15,000) which should happen in October if all goes according to plan.
After that we are going to try to live off one salary only and save the other.
Post # 6
DH and I were able to pay off our cars after our wedding, so now we are focussing on:
-putting money into our savings accounts each month
-increasing our mortgage payment to pay off the house faster
-opening a direct-investing account to invest our savings ourselves rather than pay someone to do it
Post # 7
Our goals are:
-Pay off our credit cards (a little over 2k left and should be paid off by March)
-Pay off my car (12k balance)
-Start saving for a baby
I have discovered that we can’t have a baby until my car is paid off because we won’t be able to pay for daycare. We were supposed to start trying now but now we have to wait until June earliest and thats assuming the balance on the car is down to 4,500 by then. I am so freaking sick of being so damn broke!
Post # 8
Paying off credit card debt and saving!
Post # 9
@gingerspice: Below are my big goals…
-eliminate CC debt
-should have about 10k in our wedding fund by EOY.
-Should have at leasr 1.3k in my ‘fun’ savings account by EOY
– Should be able to add about another 1k to my personal savings account my EOY
Post # 10
Buy DH a new car
Continue to save money for our house
I do really good putting into my retirement accounts so I am definitely good on that one, it will just continue on. Right now we live off my salary and I save DHs. But once baby comes I imagine we’ll have to spend a some of his.
Post # 11
my goal for 2014 was the exact same as 2013. Save a specific dollar amount across the entire year. I have 12 months to do it and a portion of each paycheck goes directly in savings, so I can definitely do it again.
Last year, I hit my goal on December 27. I was cutting close, but I made it!
Post # 13
- Pay off CC debt (somewhere around $3k now. Got one card paid off already this year! Woot!)
- Sell at least one of our cars and get something better
- Save at least a 10% downpayment for a house
It’ll be a little tight, but I think we can do it ok. I wish we could live on one income, but it’s just not possible.
Post # 14
Build cushions in two accounts, one savings and one checking.
Make larger than necessary payments towards student loans.
Post # 16
My biggest goals are to:
-finish paying for the wedding (only 2 more months, yay!!)
-pay off all credit card debt (around $3000)
-get my savings up to at last $15,000
-save enough money for a down payment on a house
I pay 0 interest on my car so it doesn’t make sense to pay that off early, then hopefully in 2015 I can knock out most of my student loans