Tuesday, February 1, 2011

Day 110 - February Update

February 1, 2011

February Update
Image by sarah@60kproject.com / Model: Duke

The first and fifteenth of each month I will update you on the status towards our goal of paying off $60K in one year.

** Check out the Real Time Debt Tracker!!!  Keep up to the minute tabs on our debt balance and whether we can pay it off in 365 days!

Scheduled Payoff of First Debt: It finally happened this period!  Two loans down and two more to go.

Challenges:We were really good with our money this period and came in below budget on multiple items.  We also didn't have any significant and/or unanticipated expenses.  My most difficult challenge this period was actually finding time to write posts for my blog.  My day job is quite demanding at times.

Upcoming Significant Expenses: My birthday!! Plane tickets for weddings and birthday parties - can we afford any of them? More vet bills - Duke has some sore old dog hips.

Additional Cutbacks: No additional cutbacks but within some of our budget categories - food, gas - we came in way below budget.  Mike and I both had to travel for work this period.  That always tends to reduce our expenses since meals are paid for by the company and there is no need to fill up the gas tank as often.

Stay tuned,
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