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Finished paying the bills for the year

December 16th, 2011 at 05:23 am

As I finish paying the bills for the year, it gives me a better idea as to where I am starting out next year.

My debt didn't go down much. I did pay off a doctor bill and an old visa, but added to it with a dentist bill on my Care Credit card. The only difference is, there is no interest on the Care Credit until April of 2012. My goal is to pay off the Care Credit and Art Van with my income tax return late March, early April 2012, which will help make a significant difference, and then help me focus all of my attention on the Discover, Wamu and Visa cards. I am going to revamp how I pay those, cause the Discover card's interest is extremely high. I am going to make some calls to see if I can get the interest rate lowered.

I also made some progress on my mortgage. And, with my next payment, I will be under the $100,000 mark. To me that is pretty exciting. I have 12.5 years left on this note, but am aiming towards having it paid off in 10 years or less. Of course, once I get my other debt paid off, I can totally focus on paying down my mortgage and saving more for retirement.

And, some time next year, I do need to purchase myself a vehicle. Maybe I can possibly swing that with the money I make from my summer beach job. I know I said in an earlier post that that money will be used to pay property taxes and Christmas, but if I put an extra $150 into my savings account each month, I could have that all covered by the time those payments come due, that way the over $3,000 that I make from my summer job can buy me a decent vehicle, possibly.

Well, as you can see, I am still tweaking my goals. I will post my year-end totals the beginning of January, like I always do. I am definitely going over my year-end totals from the past few years to see where I can make a difference.

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