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Archive for August, 2011

Decisions, decisions...

August 21st, 2011 at 06:04 pm

We haven't put money into our 401Ks in abt a year... and for some reason I decided to go with a nominal percentage last month - if felt good to get ball rolling again. And then I started wondering if that was the smartest thing to do...

Was it worth it - putting that money in, especially when the stock market is like it is?!

I am seriously considering stopping the contributions - and instead having the money transferred into our IRAs.

Any thoughts?!

Amazing

August 7th, 2011 at 08:11 pm

I understand how interest works; I do.
But I think it still sucks to see my balance on my almost one year old mortgage.

We closed on our house in September of last year. Our first payment was November 2010.

In the past 10 months, our balance has only gone down by about $2,500.00. That is CRAZY since we've paid over $14,000.

I'd love to start throwing money at it - even dollars a month. But I have only $13K left on our van, so I may start throwing money at IT and then once that's paid off the entire car payment amount can go to the house payment.

All in good time, I know.
I'm just anxious to feel like I did when we paid off all of our debt the first time. I am ready to get these monkeys of our back!