11/16/2009

Tracking Bar Updates

I have updated all of my tracking bars, and am pleased with the progress.  Here is a summary:

Emergency Fund
I'm exactly $75 short of reaching my $1,000 goal for 2009!  As I don't plan on changing my bi-weekly contributions - but the time January 1, 2010 roles around - I will have reached this goal!

Shares
Each pay $50 comes straight off my pay cheque and goes into an account managed by work to buy shares.  I needed to have at least $800 by the end of December to be able to by shares this year (you can buy twice a year), and I've made that goal.  Come January, I will reduce my contributions to $10/bi-weekly as once you buy your first big chunk of shares you can buy in smaller increments.

Loans
Both of my student loans continue to slowly decrease, in 2010 I will increase my debt repaymtnts significantly to get these paid off!

House Fund
Our house fund has been on hold for the last few months (since all of our roommate changes), however; Jordan and I will be starting back up again in 2010.  We have been able to repay $50 of what we borrowed from oursleves, and Jordan recently sold another couch for $30 that we will also use to pay back this account.

Clothing Fund
I recently emptied this account to purchase a few, much needed, bras and I've changed this goal to $250 before I go out and buy some new clothes.

RRSP
My RRSP account is coming along strongly this year - next pay, I'll top it up to reach my 2009 goal.

Overtime
Things are coming along here - I'm looking forward to stepping this up in the coming weeks.

Related Posts:

  • Planning For the FutureI had a great conversation with my mom last week and thought I would share some of it.  I told her that with my new saving plan in place I would be able to reach my 2009 goals by the end of the year and still have about … Read More
  • Planning For the Future - Episode TwoYesterday I wrote about making a plan with the funds I'll have 'left over' each pay period, and I briefly mentioned that the money could go towards my student loans.  I'm actually quite surprised that folks did… Read More
  • Utilities - Satellite TVMy post last week, and the comments regarding it, got me thinking about each utility provider.  I'm going to take the next couple of days to review each of them.  I will start with Bell - our TV provider. When we s… Read More
  • Magic Jars UpdateI didn't post my bi-weekly budget last pay period because I had all sorts of financial stanfu's happen, culminating with my roomate paying rent four days late.  I am still using the jars and have about $40 left until nex… Read More
  • This Weekend & The BankI don't believe that I have written about this before, but about eight months ago Jordan was looking to buy a small, used, truck for himself.  After much debate, we decided on a 2002 Ford Ranger.  The truc… Read More

4 comments:

  1. You've made some excellent Progress.

    regards,

    Jason

    ReplyDelete
  2. WTG on keeping to your budget and paying yourself back!

    ReplyDelete
  3. Great job! Excellent progress! Do all of your funds (emergency, clothing,house, etc) go into the same account, or do you have separate accounts set up for each fund?

    ReplyDelete
  4. Hi there. I really like your blog! Question: How did you set up the the tracking bars? I looked for them under gadgets and couldn't find them. I like the idea of being publicly accountable...although I might start an anonymous money blog if I put them up! :)

    ReplyDelete

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