Tuesday, June 1, 2010

Money Goals for June


  • Pay off Adams Small Loan by December--currently at: $3245.22---we will use the rebates from our cc next month
  • Get Emergency Fund Back to $5000-- currently $4514.32--added $960 this month, we have a new strategy of rolling all the money into one fund at a time and getting it to our goal.
  • Keep paying Adams Big Loan--extra payments once small loan is gone-- currently at $36,006.85, paid off about 500 this month including our thankyou rewards check
  • Pay all medical bills etc with HSA Fund-- waiting on the surgery claim...paid $87 last month
  • Continue to contribute the max to my Roth $5000-- 2010 roth-currently at $1,707.00
  • Start Boiler Fund and buy a boiler this year with tax credit Save $2000-- currently $969.76 added $182.90 this month
  • Get Baby Fund up to $5500 at least--currently at $3385.69 added nothing this month
  • Get Vacation fund to $1000--currently $60.69-added nothing this month
  • Start IKEA fund so we can go on a shopping spree haha ($1000 goal)- currently at $540.98
  • Save $40 in HSA fund--currently we have two HSA balances: 220.01 and 446.59

  • No More than $200/mo on groceries--May $246...a little over
  • Free/Cheap stockups at drugstores- got $3 from surveys in May
  • Paint upstairs bathroom orange-- bought paint 1/10
  • Put in new toilet and plumbing downstairs done 5/10
  • Get window treatments for bedrooms done 5/10
  • Put in new toilet upstairs done 5/10
  • Get closet doors
  • Install toilet and sink done 5/10
  • Paint downstairs bathroom-- bought paint 1/10
  • Install bathroom floor--floor boards are down! 3/10
  • Paint computer room
  • Install Floor in computer room
  • Paint Guest Bedroom--Base Coat and Closet are painted! 2/10
  • Buy carpet for guest bedroom
  • Buy floor for downstairs bathroom--bought 4/10
  • Redo electrical box- done 3/10
  • Get all downstairs plumbing done--done 3/10
  • Get Drywall done in downstairs bathroom-- done! 3/10
  • Put downstairs bathroom floor in done 5/10!
  • Paint Bathroom done 5/10!
  • Buy bathroom sink- done 4/10
  • Install dryer
  • Install cabinet in bathroom
  • Install countertop in bathroom
  • Buy upstairs carpet for guest room
Organize Accounts
  • Move 401k from Principal to Fidelity in may 2010--will look into this 5/10, forgot to do that...try this month
  • Pay off Credit Card biweekly--paid!
  • Opening a Chase checking because they are giving away $150
  • Once we get the Schwab card, get rid of Citi---one more bill to pay for citi!

$200 mo groceries spent $246
$280 mo gas $172/mo
$600 year auto repair 450! adam got in a fender bender...thank god for emergency fund
$50 mo electricity --$44.12!
$50 mo clothing--spent $41 on scrubs!
$100 fast food/dining--$200... from chicago
$40 Water quarterly--1/10 $31.41

Added Goals
  • Start Cavs fund when our first fund reaches its goal and small loan is paid off
  • pay one fund at a time and get to the goal of the emergency fund $5000 first
  • Keep paying Adams Big Loan--extra payments once small loan is gone
  • Save $40 in HSA fund
  • Get all funds done then make emergency fund $10000
  • Get bank account to $10000 pay off medical bills and then pay off adams small loan
Completed Goals
  • Consider Refinancing our House---not worth it with our mortgage company
  • Redo downstairs plumbing ($1100)--paid 1/7 and 1/21
  • Continue to contribute the max to my Roth $5000--Maxed 2/8
  • Close Huntington and move money to northwest saving--2/10
  • Pay $450 more for basement plumbing done! done 3/5
  • Buy Cavs season tickets...make a fund next year!--bought 3/10
  • Use Thank You rewards for Adams Loans-- used them! 5/10
  • Opening a Schwab 2% Cash back card--will use all cash back for Adams loans 5/10
Goals not completed
  • Pay off Adams Small Loan by March
  • Talk with Wells Fargo, they want to refinance our home--ill wait til they call again, havent had time to meet with him
  • Save at least $300 for Sean and Mandys wedding in Disney-We decided that its not a good idea to go due to my surgery costs :( We are sad about it.
  • Look into different mutual funds for Roth...--i still dont know what i am doing with this..

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