
Car payoff amount the day I started this blog (March 24, 2014):
$17,941.03
Minimum monthly car payment:
$396.68
Car payoff Last Saturday:
$17,148.37
Car payoff amount TODAY:
$16,363.96
Progress toward goal:
In less than one month, I've paid $1600.07 on my car, $396.68 being one regular payment. So, since I started this blog, I am now $1203.39 ahead of scheduled payments!
Goal:
$0.00 loan balance STAT
Obviously... I am cutting in more areas than just groceries to make this kind of progress. My cut in grocery budget frees up an extra $200 a month to make traction toward my goals. I've also cut my personal spending allowance. I cut my own hair this past week (and will home color it too). Even though I've only budgeted $25 a month for clothing (I shop primarily at thrift stores, except for shoes, and only because I need sneakers that still have a degree of support in the insoles), I have pretty much stopped buying clothing because my closet is full. I am very tightly watching EVERY penny that comes through my fingers.
Are you making progress on your financial goals? Share with us what it is!
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