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Financial Forecast First Quarter 2009

January 17th, 2009 at 11:17 am

I think I've shared on this blog that I keep track of bills on a spreadsheet. I anticipate what bills are due, what week they will be paid, etc. a few months in advance and as the date approaches, I zone in on what the actual payments will be. I have anticipated expenses through March also anticipating making (hopefully) a mortgage payment on March 20, for an April 1 due date. Here is the debt pay off picture:

By the end of February I will--
1) have 2K in savings (1K to be used for earnest money)
2) Orchard 1 paid off in full
3) Orchard 2 paid off in full
4) CFNA paid off in full
5) Capital One paid off in full

By the end of March I will--
1) have 1650 of Chase paid
2) car loan will be under 6900
3) hopefully will have closed on a house/condo

Big big goals. If I put my nose to the grindstone, I know we can do it. Then we'll file in April to get the tax credit and 1) pay off parents for loan 2) put the rest into savings. Continue pounding leftover unsecured debt. I anticipate I can have that all paid off by August and perhaps have even started pounding the car. Joseph's school will be out and we'll have an extra 700 per month to go toward debt. Also, I am coaching softball which will yield another 3500 or so (4K--take out taxes).

Whew. That was a mouthful. Comments are appreciated. Let me know if I'm too lofty here.

2 Responses to “Financial Forecast First Quarter 2009”

  1. Ima saver Says:

    You are doing great!

  2. Amber Says:

    I would tackle the small debts first and get them out of the way. I think it's great that you are keeping a very good track record of everything, it'll help you get that debt cleared up sooner. good luck

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