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First monthly debt goal for 2015

December 31st, 2014 at 05:44 pm

The January goal is still to pay off the minimum amount of debt, so $1550.

We received our last paychecks of 2014. I'm hoping the next paychecks will show a net increase because of less flex spending being taken out, but we'll have to wait and see what it is exactly.

We ended 2013 with $244,516 of debt, having paid off $35,113. We ended this year at $675,788 in debt, so we effectively added $431,272 of debt.

I'm still waiting to state our 2015 goals until we have more clarity, but one thing that keeps coming to mind is that I'd like to end 2015 with less than $500K of debt.

Posted in Uncategorized | 3 Comments »

3 Responses to “First monthly debt goal for 2015”

  1. laura/deacons wife Says:
    December 31st, 2014 at 07:18 pm 1420053506
    1420053506


    But I am sure that your assets grew with your new house, right?

  2. ceejay74 Says:
    December 31st, 2014 at 07:50 pm 1420055453
    1420055453

    Yep! So despite listing my new house on my assets sheet as less than we paid for it, our net worth increased $12K.

  3. Bluebird Says:
    December 31st, 2014 at 11:00 pm 1420066832
    1420066832

    Yes, you need to look at the whole picture! You sure accomplished a great deal in 2014!!!

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