I live, write, and garden in the PNW with my husband of 27 years, disabled daughter, college-aged son, and my 84-year-old mother. We have paid off $250,000.00 worth of debt (if you include the interest) in the last fifteen years and as of 6/12/2020 are 100% DEBT FREE!!!!There are a lot of things I would like to accomplish in the coming year. Some are more important financially than others. The three most important are:
1. Finish saving up the first year of tuition for my daughter by August. That means I need to find $5000 to save between now and then. I am pretty sure we can do this. Most of it will come from our tax refund, which will be large due to reimbursing us for our HSA spending. We will be claiming the full deduction for that again this year.
2. Pay off the mortgage. If the house does not sell this year, I have determined that if I pay $700 for the next 12 months it will be paid off by next December.
3. Get our Emergency Fund to $10,000. If we save $167 a month we can do this. I already put in $140 a month as a matter of course, so finding an extra $27 or so should not be too difficult.
Less important, but still important goals:
4. Begin saving for our daughter's second year of college.
5. Start putting something into the husband's 401K. We took a couple years off to get our credit card debt gone, so now is the time to start contributing again. We will start with 1%, which doesn't seem like a lot, but I want to see what the impact of it will be and also whether or not our insurance rates are going to go up before I increase the 1%.
7. Save money for the HSA.
8. Save money for next Christmas so we can have another Christmas paid for with cash.
9. Finish saving up for moving.
10. Save for 2015's unpaid January time off. I should be saving $333 a month for that, but we won't have it from our monthly budget. I figure we'll save $100 a month for $1200 and then save when we get the extra paychecks during the year.
11. Lose the 50 pounds I gained back.
12. Get enough sleep and try to stay healthy.
Thinking About What I Want to Get Accomplished in 2014
December 27th, 2013 at 11:39 am
December 27th, 2013 at 03:53 pm 1388159632
Sorry, totally off topic, but I was meaning to ask you if you grew lima beans last summer. I remember when you were looking for seeds. If so, are very productive when allowed to dry on the vine?
December 27th, 2013 at 05:58 pm 1388167122
December 27th, 2013 at 10:41 pm 1388184095