It's February

on Tuesday, February 3, 2009

As I was posting earlier I realized it's February. That means it's time for a financial and sidebar update.

I have to say January was a rough month. We had to go out of town for a funeral and that caused some unexpected expenses. Invitations for the wedding went out as well and along with that came some extra guests that we are now trying to accommodate for in our wedding savings plan to pay the caterer in cash.

Here goes:
E-fund - no progress
House - no progress
M Retirement - no progress
S Retirement - no progress
O College - no progress

M Credit Card - increase $400
S Credit Card - decrease $600
M Student Loan - decrease $250
S Student Loan - no progress

Our goal for February is to not take on any new debt and work toward bringing down our balances.

Our net worth -22,844.97. We made a major payment for the wedding this month that results in a loss of over $3,000 which is the main cause for such a steep drop.

February will be better but March is going to be a doozie on the finances as all of our wedding money will taken out of our savings account to pay the final payments to the vendors. It's hard to believe the wedding is approaching so quickly. I'll keep you updated.