3/16/2016

Money, Money, Money

Okay...so here's the plan.

After the few posts I wrote about what we should do with the cash from the sale of our house and the sale of my shares followed by a few conversations amongst ourselves.

We have decided to:
  • Pay off the LOC (~$24,000)
  • Top up our Maintenance, Emergency/Vehicle, Gifts & Vacation Funds
  • Match my employer's last pension contribution (~ $2,700)
  • Stash the rest of the cash our TSFAs for an eventual down payment on our next place


Related Posts:

  • 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
  • The Truck LoanLast week I posted a question that Jordan had about some vacation that his company wanted him to either take or have paid out.  After some really excellent feedback (thank you everyone), he decided to request the pay out… Read More
  • So now what?Now that I am credit card debt free, I ought to make a plan for going forward.  I have already written my revised 2009 goals which included: Pay off my credit card Have a debt free Christmas Replenish my emergency … Read More
  • Debt UpdateI don't believe that I posted an update on my total debt for a while, though I think that most of you know it is down to just student loans.  As my student loan payments just went through, I thought I would pos… 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

3 comments:

  1. Sounds like a good plan. Paying off debts and establishing an emergency fund are always tops on the list that experts recommend for money distribution.

    ReplyDelete
    Replies
    1. They do, and it still leaves us with a pretty decent down payment on our next house. So excited!

      Delete
  2. How good is it going to feel to pay off that LOC? With that payment gone you can really start adding to an already growing down payment fund. I'm excited for you!

    ReplyDelete

Hi! Thank you for stopping by and leaving a message.

Links ♥

Followers