Where the money stands

as of July 5, 2012

Debts
Mortgage -  $30 561.11
LOC - $3450

Total Debt - $34 011.11

Savings/Planned Spending
TFSA/EF - $2000
RESP - $10 600
RRSP - $4200
Summer 2012 - $1000
Plates $1100


I had to check my debt numbers twice. Then I realized that the debt numbers will go down much more slowly now that I have paid off my vehicle. Concentrating on my savings/planned spending goals right now just means the numbers are changing in different ways currently.  Once I realized this, I panicked less.

The boy and I have saved for his plate/insurance. It comes due the middle of the month. I will put it on my CC and then at the end of the month I will transfer the money from my 'high' interest savings and pay it off. At least this way I will have it in the savings account for a full month to get a few cents more in interest.

Next planned spending goal I will work to fill is my 'back to school' goal of $1500. There was $500 in my end of June budget to go towards that , so I am 1/3 there.

Source: http://shakingthemoneytree.blogspot.com/2012/07/where-money-stands.html

great site here.