My Personal Finance Progress Report

    Thursday, December 01, 2005

    checking in

    Sorry for the lack of posts! I should actually be blogging in my diet journal - I have been distracted because I have been focusing all of my attention in that arena. I will not be posting as often, not until something big comes up, etc. I have my financial goals listed for 2006 already, so I am working towards that - but my health is playing a bigger role right now and this upcoming year. In the meantime, be sure to have a great holiday season - this is my favorite time of year, I am so excited. Happy Holidays!

    posted by Karen @ 10:03 PM

    5 Comments:

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    A blog designed to track the progress I make in paying off debts and saving for my future, as well as a few goodies I find along the way.

      "Spending money is a control thing, like dieting. You can either decide you want everything, eat it all and end up fat. (Sometimes eating, like spending money, is a way of telling the world I will have everything I want!) Or you can realize that you can’t realistically have everything and decide to enjoy the things you love the most—only less often and in smaller amounts. Money and food are control issues and everyone handles them differently despite the consequences. It's that simple." ~Making Bread Magazine

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                  2006 Goals

                    * Put at least $350 in savings each month. * Eliminate the car loan for the Grand Am (starting: $5300) * Reduce the Mustang loan by at least 8k.(Starting $19k) * Seriously look into refinancing both vehicles. My credit has gotten better and I am definitely due a better rate than I currently have (about 12% on both). * Right now I am contributing 10% to my 401k. I am going to leave that alone until I pay off the Grand Am, and then re-evaluate, maybe bump up just a bit more. Maybe open a Roth IRA as well. *Increase my net worth by as much as possible.

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