Yay! My emergency vet fund has reached $4200. 1 month ago
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1. Close old retirement account (Done?)
2. Review funds and start Investments for my 401K. Set alerts for the rest of the year. (Done)
3. Pay Bills (Done) 2 months ago
1. Close my old retirement account
2. Invest my IRA
3. Refinance my mortgage at a lower rate and shorter term
4. Complete my home inventory
5. Review and comparison shop home and auto insurance
6. Make a budget and use it to determine if our emergency fund is enough (Go for six months worth on hand in cash)
7. Cancel higher interest credit cards and replace with better ones. Cash. Out rewards first.
8. Strengthen online security for all financial accounts
9. Track my colic savings fund
10. Keep a financial buffer in checking of $5-10K
11. Reconcile and review all my accounts monthly
12. Update my emergency records binder and summary 2 months ago
Made our 2013 IRA contributions. Now, I just need to select which funds to buy. I even sent the paperwork to transfer my old IRA fund into our current brokerage. They make it really difficult. Getting all the forms filled out ooh at least three hours! We also adjusted our current with holdings. This is going to be a much leaner year!
Taxes are also filed and paid.
So, #2, #3, and #10 are done. #12 is in progress. #14 will probably just end up being our current savings account after I suck most of the money out for home improvements. I seem to wildly underestimate how expensive these remodeling projects are. Still, I’m learning. 3 months ago
1. Make a Financial Goal List with deadlines
2. Reconcile Accounts (Need to do this monthly)
3. Make Max 2013 IRA contributions by April 15
3. File 2013 Taxes and adjust 2014 with holdings if necessary
4. Make a home inventory
5. Use Inventory info to evaluate Home Insurance Coverage. Make changes as necessary and comaparison shop.
6. Comparison shop for car insurance and home insurance. Look into farm insurance as an alternative.
7. Make a budget
8. Use budget to determine if our 6 months of emergency cash fund is adequete
9. Review investment porfolio
10. Review retirement contributions and adjust accordingly
11. Pay off mortgage (Start off by refinancing at a lower interest rate)
12. Budget and schedule home repairs and improvements
13. Create an easy way to save for non investment big ticket purchases. like a new saddle, car, etc.
14. Examine segregating Emergency Horse Fund into a different savings account. 6 months ago
I am mostly marking this complete because this is not a major focus for me any more. when I started this goal I was seriously struggling to make ends meet. At this stage I still have a way to go but I know I have enough not to worry about affording food and basic items and that I have medical aid, pension and life insurance for husband and I. I am not creating more debt and am reducing the debt I do have. Right now thats good enough for me! 8 months ago
How I did it: Miraculously everything i needed to achieve my goal fell into place. Once I had decided to focus on this goal, the right people, circumstances, and events came together.
a playstation 3. With no “how am I going to pay the rent this week?” attached to it. Such a good feeling :D
I need to focus on saving now, but thankfully I’ve always been good at that. 2 years ago
but I’m getting closer.
I went out with a friend last night and was able to buy her a drink without worrying about how it would affect the rest of my week regarding rent, bills, food etc.
It was a good feeling! 2 years ago
a) Shut down other superannuation account
b) Cancel mobile contract & go back to pre-paid 2 years ago
should make a difference here. I have been so tired trying to make ends meet, I am so grateful that this job will allow me to start paying off debts. 2 years ago