Wednesday, January 27, 2010

January Financial Update

It's been a mixed bag this month. Both paychecks were on the small side, and I had a roof repair and 2 birthdays to cover, among other things, but God has blessed me with different resources.

DD went to the orthodontist, and yes, she does need braces. No surprise there. Grandpa graciously is covering the cost that insurance doesn't pick up, so she will be going in for molds and x-rays next week to get things going. I was able to cover the roof repair and birthdays with savings, and that will be replenished in 10 days with the income tax refund.

Ah, the income tax refund. :-) It was a bit more than expected, so that was a very nice surprise. After tithing, it will cover refunding the emergency fund, the property taxes, a couple small things (less than $100 total) that I've been putting off buying, and should pay down about 90% plus of my Mastercard. I'm going to crunch some numbers and see what I would need to do to pay it all off with the February payment. Hopefully I can do that and be down to just 1 card. I have played around with my spreadsheet, and if I can pay off the Mastercard in February and be faithful in my snowball, there is an outside chance (barring any disasters) that the Visa could be gone by the end of the year. It will take strict discipline, but it can be done.

1 comments:

arizona carpet cleaners said...

I just smiled when I read that grandpa is covering the additional braces costs. That is what family is all about - taking care of each other. God bless the grandpa.