I last updated our goals at the beginning of October. Here is our progress since then:
–Pay off our credit cards. Fail. We owed $15,815.82 when I set these goals on January 4th, and now, as of October 30th, our balance is $12,388.81. Unfortunately, thanks to Murphy and my medical issues, this balance increased this month, so this is a fail.
–Pay off my student loan. On Track. On January 4th, my student loan had a balance of $6,167.53; as of October 30th, the balance was $4,552.30, so we have paid off $1,615.23 or 26.2%.
–Snowflake at least $750 a month on debt. Fail. This continues to be at a standstill. I don’t see it happening in the foreseeable future, either, as most of our extra money now is being funneled to medical bills.
–Sell $1,000 of stuff around the house. On target. In 2011, we sold $1,550 of stuff, and the goal is to sell $1,000 in 2012. In October I sold some cloth diapers for $50, so right now we have sold $640, but we better get busy to meet this goal by the end of the year.
–Lose 25% of my body weight. On track. Thanks to my restrictive diet, I lost a lot of weight last month and this month. I am now at 14.85% of my weight gone. I may still reach the 25% this calendar year.
–Get 7 to 8 hours of sleep a night. On track. My current medical issues are making me tired, so I am routinely sleeping at least 7 to 8 hours now. I should have started doing this earlier; it feels good to get a good night’s sleep.
–Send my daughter to Japanese school. Accomplish & Fail. After much debate and viewing two other potential schools, my husband and I decided to send our daughter to Japanese school. She went from May through September, but we have pulled her out because we could no longer afford it.
–Increase our emergency fund. Fail. In January, my target was to have an emergency fund of $3,000. We had to dip into our emergency fund again because September expenses are very high. This is yet another reason why we need to restructure our budget. I haven’t been saving for yearly expenses such as license plate tabs and insurance, so I have to dip into the emergency fund frequently. Instead, I need to set that money aside, even if it means less money for debt repayment. We now have $611 in our emergency fund.
How are you doing on your goals?