december financial update

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you’ve heard it before, the holidays are expensive. between gifts, postage, traveling, cards, eating out, and the like, one can really break the bank.

i’ve prided myself on being over-prepared financially and mentally for the holidays months in advance, but even i failed to stick to our budget this year. i’m a little disappointing in myself, but i refuse to beat myself up about it. because we’ve been extremely blessed and we’re doing just fine.

in the midst of overspending, we ended up borrowing a small amount from our savings.

2012 financial goals:

  1. fill all of our essential dump funds as fast as possible. these dump funds include:
    • auto insurance
    • home insurance
    • auto tax
    • home tax
    • pest control
    • eye exams
    • eye glasses
  2. pay off our student loan
  3. fill all of our non-essential dump funds. these dump funds include:
    • christmas
    • clothing
    • vacation
    • birthdays
  4. save and pay cash for a second car
  5. fully fund our emergency fund (6 months of expenses)
percentage-wise, we’re 6.26% completed with our 2012 goals. 

i think i can be excited about being 6.26% ahead of schedule, so i’m going to be!

happy saving!

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