It’s time for the next monthly update on how we’re doing with our 2013 financial plan. In case you missed it, here’s where I laid out all of our financial goals for the year. So let’s talk about how we did in July!
Pay off our car loan- Done! We accomplished this in January. Pay off the smallest student loan we have- Done! We accomplished this in February.
- Pay off all of my student loans - This is currently the goal we’re attacking. I paid more than twice the monthly payment on this in July. Slowly but surely, the balance is coming down. I’m still pretty confident that this will be done by the end of the year.
Fully fund our general savings account for our current adventure- Done! We accomplished this in June. In case you missed it, here’s “our current adventure” that we were saving for!
- Get our emergency fund up to two months worth of income - No real change here (just deposited the standard amount we do every month). We’ll take this up at the end of the year, most likely.
- Set up a retirement account - Haven’t done this yet. I don’t see us doing this until the end of the year either.