Goal update

My mood has been up and down lately.  And now I feel like a cold is coming on.  I just took a great hot bath, hopefully I can sleep well tonight!


Anyway, it's time for a goal update.  It's my 6 month mark since I started my debt reduction plan.  Drum roll please... after 6 months I've managed to pay my debt down by 11.1%!  That is so close to my 15% yearly goal, that I should be able to reach my stretch goal of 25% within 12 months.  Woo hoo!  It can be done.


I'm happy, but a bit disappointed too because I could have exceeded 15.6% but I ended up having to use one of the cards I paid down because I lost track of my disposable spending money.  I guess I shouldn't be too hard on myself for that though, I just need to continue to focus and pay closer attention in the coming months.  


How are you doing with your goals?

It's been a while... goal update

It's been a while... I guess I haven't been in the mood to blog, but I have enjoyed reading your updates and commenting.


Today marks the 3 month mark for my credit card debt reduction plan.  My 12 month goal is to reduce my cc debt by 15%.  I'm pleased to say that after 3 months, I have lowered my cc debt by 5.2%!  That puts me on pace to reach 20.8% for the year.  That would be great... but, more good news...
I'm getting my pay reduction back starting next week!  That's great news.  The really great news is that I've gotten used to the lower salary over the past year, and have made a lot of changes to lower my expenses (lower cell phone plan, lowered cable plan, got a different car with a lower payment) So.. those things combined, I should now be able to contribute even more to my plan!  I'm thinking 25-30% or more may be more realistic.


Hmm... that's a good feeling.  I better not get too far ahead of myself though.


How are you coming along with your goals?