6/04/2009

House Fund - Update

Wow!

Jordan and I have put away $2500!! Since we started saving in February, 2009. We've also have $6 in interest - so grand total $2506, which is 7.16% of $35,000.

Currently the interest rate is 1.35%, we started at 3% - unfortunatly it's gone down. However; eventually we know it will go back up. At the current rates, and current savings plan ($150/bi-weekly alternated by Jordan and I) ING figures we'll reach our goal by May 2013.

As jordan and I get raises, and additional monies - we plan on increase our contributions. But for now - this works for us.

Hurray!

Related Posts:

  • So it starts...Buying and Renovating my Great Aunts HomeI recently wrote about the possibility of buying my great aunts place with Jordan in the next few years. Her home is 50 years old, and she and her husband lived in it together for 30 years (he recently passed away). They were… Read More
  • House Fund - UpdateHurrah!So for the last 3 weeks Jordan and I have been at my aunts every Saturday and most Sundays doing yard work. There's some things that we help out each week (like mowing the lawn) but we've been working on a fairly larg… Read More
  • Home Ownership - A possibility?I few months ago I wrote about buying/renovating my Aunts place, this is still something we talk about every day. We spend a lot of time at her place taking care of the yard and doing other miscellanious things that she can … Read More
  • Home Ownership - A TimelineSo we went for supper with Isabelle tonight (and then took her shopping which took like 4 hours because she's a little old lady and walks slow).... highlights at the dinner conversation included:She has some really funny stor… Read More
  • House Fund - UpdateJordan got paid today (woohoo!!) This means two things:1. I'll get utililty $ plus $100 for my visa today and 2. WE JUST BROKE THROUGH $4,000 ON OUR HOUSE FUND! YEAH!… Read More

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