So now what?
- Pay off my credit card
- Have a debt free Christmas
- Replenish my emergency fund to a minimum of $1,000 by the end of 2009
- Increase my total RRSP contributions to $3,000 by the end of 2009
You have probably noticed that I moved my tracking bars around to reflect the changes. I'm going to save $500 for my Christmas Fund as a priority, and then work on replenishing my Emergency Fund and Increasing my RRSP contribution. Some would say, I believe, that I should put funds towards my E-fund first. I think however; that if I don't save for Christmas now - I will go back into debt. It's a priority for me not to let that happen - and should a small emergency occur I can use they money earmarked for Christmas.
I am also considering taking out an RRSP loan - which I would love to hear thoughts on. When we get closer to tax time, I'll write a more thorough post on that.
I am going to continue using the jars, however; I'm going to look at increasing my entertainment and food jar bi-weekly allotments. I would like to let myself enjoy the next four months without any significant financial stressors or worry.
Right now, I am thinking that my big 2010 goal will be to pay off my two student loans. Do you think paying off a little more then $8,000 in one year is doable, or should I make this a two year goal? or - Should I play catch up with my RRSP's - there's a lot to think about and plan for in 2010, and it's only 3.5 months away.
I suppose I've put out a few random questions and thoughts - I'd love to hear feedback on any of it