tag:blogger.com,1999:blog-6337895450730818700.post4271565872373353799..comments2023-08-29T08:48:51.557-06:00Comments on Jessie's Money & Our Growing Families Too: Revision - House Fund GoalJessiehttp://www.blogger.com/profile/11259285806446208884noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-6337895450730818700.post-86333612446485514852009-07-28T07:44:41.520-06:002009-07-28T07:44:41.520-06:00@ Jolie, thanks!!
Once we deplete the house fund ...@ Jolie, thanks!!<br /><br />Once we deplete the house fund (for it's intended use); my plan is to continue contributing to it (perhaps at 300/month instead of 650-800/month). That would be used for taxes/repairs that sort of thing.Jessiehttps://www.blogger.com/profile/11259285806446208884noreply@blogger.comtag:blogger.com,1999:blog-6337895450730818700.post-51734380502165275612009-07-27T12:40:22.503-06:002009-07-27T12:40:22.503-06:00If I could go back in time and be smarter, I would...If I could go back in time and be smarter, I would a) put more money down at the start, b) put aside $ each month for the inevitable repairs that come your way and c) pay extra, even if it just $100, a month on the principal.<br /><br />You are far wiser where you are than I was at your age.Joliehttps://www.blogger.com/profile/05031816661748376856noreply@blogger.comtag:blogger.com,1999:blog-6337895450730818700.post-71013543027032782542009-07-27T10:56:27.380-06:002009-07-27T10:56:27.380-06:00@ Mom - that was sort of our line of thinking too!...@ Mom - that was sort of our line of thinking too!<br /><br />@ Jamie - I think I had quite a few goals that were beyond reach within a reasonable time line - and your right, defn. self-defeating! I'm hoping this will help some!<br /><br />@Dr. Faith - You're right it would be pretty awful - right now the funds are just in an ING account, when we started the interest was around 3% or more. When we reach the first $10,000, we might be in a better place to look at higher interest accounts - defn. something to look out for!Jessiehttps://www.blogger.com/profile/11259285806446208884noreply@blogger.comtag:blogger.com,1999:blog-6337895450730818700.post-92222005189481668912009-07-27T10:29:23.980-06:002009-07-27T10:29:23.980-06:00Hopefully interest rates will go up within the tim...Hopefully interest rates will go up within the timeline of your 4 tiers. =)<br /><br />I'd hate to think of getting 1.35% for the next 4.84 years. That would be just HORRIBLE!Dr. Faithhttps://www.blogger.com/profile/15657277209564654877noreply@blogger.comtag:blogger.com,1999:blog-6337895450730818700.post-35912160064743321912009-07-27T09:51:33.682-06:002009-07-27T09:51:33.682-06:00Mini goals are the way to go. If you make a goal t...Mini goals are the way to go. If you make a goal that's too big it seems like it takes forever to reach it and is a bit self-defeating. <br /><br />I like that you guys are making sure you don't pay the CMHC fees and are still looking to get the house in about 5 years, that's awesome!Jamiehttp://www.womeninthgreen.comnoreply@blogger.comtag:blogger.com,1999:blog-6337895450730818700.post-85679403154458399572009-07-27T08:27:12.612-06:002009-07-27T08:27:12.612-06:00Good idea! This way you can achieve mini goals qu...Good idea! This way you can achieve mini goals quickly and celebrate progress.Momnoreply@blogger.com