Saturday, September 17, 2011

Elevate Your Finances in 2011 - August update

Welcome to Elevate Your Finances in 2011!

It's well past time to update my financial goals, which I posted at the beginning of the year. But better late than never!

My main financial goal is to pay off 50% of the balance (as of 12/31/10) of our home equity line this year.

In August, we were able to make a nice-sized payment on the debt, about 2% of the total amount owed as of the beginning of the year.  So far this year, we've paid off 11% of the amount. 

It's not looking good for reaching our goal of 50% for the end of the year, unless a significant windfall comes our way.  And that can happen!  But we're still making progress, little by little.

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

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Anonymous,  September 22, 2011 at 10:10 PM  

We are trying many new and outside of the box type thinking to see what we can do to come up with additional income flowing into our home.
We signed up for surveys
We have items listed every week now on ebay
we have several e-books available we are selling
we sell the kids college texts after
they are done with them
We held a few successful yard sales as well.
We are using coupons
Anyone have any other ideas ?

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