January 1, 2010 2 Comments
Since I’ve reset my sidebars, I wanted to have a post to archive how close I got to achieving my 2009 goals.
Here is how my side bars ended up as of December 31st, 2009:
My 2009 Goals:
1) Reduce debt from $16,000 to $12,000.
2) Grow emergency fund to $1,200.
3) Eliminate all other personal debt.
Credit Card Debt
Initial Debt: $16,000
Current Debt: $12,631
Goal for 2009: $12,000
Starting Amount: $13
Current Amount: $998
Met as of 11/30/2009
Initial Debt: $17,000
Current Debt: $15,157
Goal for 2009: $15,000
Initial Debt: $2,285
Current Debt: $0
Paid off as of 08/01/2009
Extra December Income
Initial Amount: $0
Current Amount: $1,316
I ended up the year completing only 1 of my 3 goals. I eliminated all of my miscellaneous consumer debt (my balance on my Sony credit card, my Express card and my Limited card). I did get my E-fund up to $1,200 – but had to use it for my car repairs in December. I got very close to my credit card debt goal. I missed it only because I kinda just made up a number when I made the goal. I didn’t do any planning and just picked a number that seemed good. This year I’ve given it much more thought and really believe that I’ll get down to $0 debt by December 31st, 2010.
I did make $1,316 in extra income in December – which is INCREDIBLE – and $300 over my $1,000 extra income goal for the month.
Today is Day 1 of my 2010 Challenge of not eating out for a year. Thinking about getting a Starbucks this morning made me realize how long this year may really be. I am excited and scared for this challenge. I’m excited about the change that it might make, but scared that I might not be able to make it.
Thing that made me happy today: a fixed vacuum. Grossed out, but exceptionally happy.