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2010 Financial Goals

January 6th, 2010 at 01:01 pm

First here is how we looked at the end of 2009:

2009 YEAR END balances:
Mortgage = $269,000 @ 5.25%
CC = $23,000 @ 0% thru June 2010
Total Debt = $292,000

And as reference, here's how we looked at the end of 2008:

2008 YEAR END balances:
Mortgage = $274,000 @ 5.25%
Car loan = $15,300 @ 5.75%
CC = $18,000 @ 0% thru Nov 09
Total Debt = $307,300

We improved our debt standing from 2008 to 2009 by $15,300 because we paid off a signifcant part of our car loan and transferred the remainder to the 0% account.

For 2010, our goal is to cut down the 0% debt down to zero -- quite feasible if we look at it as being less than a $2,000 payment each month.

Here's to a great 2010!

1 Responses to “2010 Financial Goals”

  1. shiela Says:

    Great job in getting rid of that car loan. I'm sure you will be able to do the same with that CC debt in 2010. Good luck!

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