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Revised goals

May 7th, 2011 at 09:00 pm

I've spent a lot of time thinking about my goals for this year. Based on advice, I've decided it's best to change them. Here are my new goals:

[] £500 to moving out fund (£296 to go)

My original goal of £800 incuded hubby's contribution; this one is based only on my contribution.

[] Reduce CC1 by £70

Balance as of 7th May: £807.59

[] Reduce CC2 by £50

Balance as of 7/5: 2032.98

I know this CC has a huge balance and I have a lower goal amount for it. However, I've been checking previous statements and my balance has only been lowering by as little as £4 monthly!

[] EF to £50 (£50 to go)

[] Car Fund to £50 (£50 to go)

[] Save for a cash-only Christmas

Posted in Goals | 1 Comments »

1 Responses to “Revised goals”

  1. snafu Says:
    May 8th, 2011 at 03:15 am 1304820910
    1304820910

    CC balances are stubbornly difficult to reduce due to the incredibly high interest charge added month after month even when there are no additional charges. If your payment is even a day late they add 'fees.'

    I hope you will tenaciously stick to your goal of clearing CC 2. Throw whatever you can, whenever you can, to that balance to get rid of that bill. I know you can do it!

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