We are happy with our progress in our goal to become debt free except for our mortgage. We are following Dave Ramsey’s baby steps.  It has become very exciting to see our snowball finally moving.  We are keeping our eye on our goals!  We are finding it very helpful to write yearly goals and share a weekly victory to keep us motivated.  This has been LONG process for us and it can be a struggle to keep motivated.

1.  Increase Deferred Comp/Retirement Savings   DONE!

This is a secondary retirement amount.  We started this account by only putting very little into this secondary retirement account.  We will double our amount we save into this retirement account.  We also have a primary retirement account matched by our employers.

2.  Pay off our Chase Card by March 2013.   DONE! 

3.  Accomplish Tommy’s MCS through 5th grade. DONE!

Tuition paid for 6 years of private elementary school.  A wonderful foundation for our son, worth every single penny.

4   Pay off our last credit card by December 2013.

We are on track to pay our final credit card off just before Christmas, if no major unplanned expenses hit us.  We are so excited to think we will be going into 2014 with no credit card debt!

5.  Update our will to reflect changes we have discussed.

It is time to change our will now that our children have gotten older.   It has been 9 years since we had our will initially written.

What are your 2013 Financial Goals??

Blessings…

Paul and Jen
Faithfully Living Below Our Means!

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