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It's a New Year

January 1st, 2008 at 02:54 pm

First, I would like to wish everyone a happpy and prosperous New Year.

Secondly my goals for this year is to pay off the CCs by the end of Febuary, save $10,000 for my house fund by April and an additional $8,000 by the end of December which would later be used as my EF.

In addition to these goals I would like to have my auto loan paid atleast by half by December.

In regards to my education, if I stick to the plan I will be graduating in December and rather than having a huge party I plan on purchasing a townhouse and have a small graduation/house warming party

Now I would like to take a look at the end of the year totals:
Expense Categories
401k Contributions $53.77
Adjustment$607.07
Auto:Car Payment $944.71
Auto:Gas $1,523.41
Auto: Maintenance $1,748.22
Bank Charges Unassigned $7.94
Bank Charges: Interest $40.03
Bank Charges:Service Charge$1.50
Bills :
Cable/Satellite $845.05
Cellular $1,049.63
Electricity $1,546.07
Online/Internet Service $729.33
Student Loan $885.03
Telephone $485.68
Water & Sewer $517.94
Cash Withdrawal - Unassigned $420.00
Charitable Donations $432.00
Clothing $1,923.79
Dining Out $1,141.20
Education - Unassigned $1.97
Education : Books $547.58
Education : Fees $5.00
Education : Supplies $37.66
Education : Tuition $3,553.91
Expense - Unassigned $381.11
Gifts $1,133.76
Groceries $2,428.97
Healthcare
Dental $2,734.80
Eyecare $278.75
Physician $225.00
Prescriptions $313.97
Hobbies/Leisure:
Books/Magazines $20.00
Hobbies/Leisure:Entertaining $20.00
Household : Furnishings $81.92
Household : House Cleaning $33.58
Household : Laundry $27.57
Household : supplies $12.68
Insurance : Automobile $1,081.43
Job Expense - Unassigned $6.94
Job Expense : Non-Reimbursed $97.83
Job Expense : Reimbursed $196.59
Leisure : Books & Magazines $3.99
Leisure : Entertaining $330.70
Leisure : Lottery $3.00
Movies & Video Rentals $53.96
Leisure : Newspaper $43.75
Miscellaneous $3,171.40
Personal Care - Unassigned $1,776.93
Personal Care : Hair $38.00
Personal Care : Hair Supply $87.91
Sales Tax $258.97
School Supplies $20.29
Snack $17.32
Taxes: Fed Income Tax $3,730.56
Taxes: Medicare Tax $552.73
Taxes: Social Security Tax $2,363.33

Grand Total -$40,576.23

This year the food department, in addition to buying clothes and gifts as well as the miscellaneous stuff must be addressed

6 Responses to “It's a New Year”

  1. luxliving Says:
    1199202602

    Amber I think you are doing awesome!! You've got a lot on your plate and yet you are moving forward so nicely in the financial department. I can remember some of your early numbers and you are going full steam ahead!! YEAH FOR YOU!!! Hope you have a super 2008!!

  2. Amber Says:
    1199205835

    Thanks a bunch, Lux

  3. scfr Says:
    1199206311

    What a wonderful idea for your graduation party! That sounds just perfect ... very meaningful.

  4. scfr Says:
    1199206337

    sorry - double post!

  5. shiela Says:
    1199241810

    That's wondeful Amber. Are we invited to the Housewarming party?

  6. Amber Says:
    1199306848

    Sure why not sherry Big Grin

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