Do we have huge plans to spend, spend, spend?
Well…
No.
Actually, not much will change for us. Most of the money we were using to pay down debt now goes to fund daycare costs for the little tyke. The leftover amount will go toward a larger emergency fund. Fortunately, we are on our way since the tax refund was higher than what we owe. We are looking at saving for a car since mine is fairly small. We would like to have a slightly larger vehicle by the time baby number two comes along – no, I’m not pregnant… I just like being prepared.
We are planning on evaluating our March budget but I can’t imagine it will change much. We are planning a vacation… camping again. And a trip out of town… funded by my company for training. But we’ll see…
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My Debt
- Original Debt: $97,293.06
- Paid: $1,927.89
- Remaining: $95,365.17
- Emergency Fund: $1100
- Broken Down
- Line of Credit 2: $0.00
- Line of Credit 1: $0.00
- Credit Card 1: $0.00
- Credit Card 2: $245.00
- Credit Card 3: $405.00
- Credit Card 6: $1,785.00
- Credit Card 7: $2,381.17
- Consolidation Loan: $11,000.00
- Credit Card 10: $14,519.00
- Auto Loan 1: $16,093.00
- Credit Card 11: $23,873.00
- Auto Loan 2: $25,064.00
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- Dual Income No Kids
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- Financial Hack
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- Generation X Finance
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- It’s Your Money
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By daycare- do you still mean your sister or will you be switching to an actual daycare?
it’s good that you will be getting a larger refund and will add up to your emergency fund..
good deal!!
I think it’s fantastic that you already know what you want to save for and have those goals laid out. It’s also important to make sure that hubby and you both agree on plans for how to spend your money in the future.
Marianne – Yes, my sister-in-law watches my son, but we pay her. No daycare facility yet! : )
Alice – We talk about it a lot. It’s a fun discussion these days!