Friday, June 10, 2011

Elevate Your Finances in 2011 - May update

Welcome to Elevate Your Finances in 2011!

Time to update my financial goals, which I posted at the beginning of the year.

My main financial goal is to pay off 50% of the balance (as of 12/31/10) of our home equity line this year. We'd love to pay off the whole thing, of course, but we are being realistic.  But, you never know.

This month we were finally able to put a big chunk of money toward this goal!  Woohoo!  As of last month, we had paid off 3% of the total amount.  This month, we are at 7%.  We were able to pay more this month than we were for the last four months!  Now that's good news.

Still, we have quite a way to go.  It's time to really get focused on our financial goal and pay this off!

How are you doing on your financial goals this year? Leave a comment below!

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Unknown June 11, 2011 at 7:34 AM  

You gotta start somewhere. Make it small - even saving just a few dollars a week. Then when you meet your goal, aim a little higher!

Liz @ Wonder Woman I'm Not June 11, 2011 at 2:12 PM  

Thanks for visiting my blog. Good job on making such headway this month on your home equity line of credit. After we get our car loans paid off that will be our next goal, paying off our house. It's a good feeling to be making headway, isn't it?

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