Tuesday, January 6, 2009

Accomplishments of 2008

I know I haven't been blogging very long but I have been keeping track of our finances for a while now. I finally got a chance today to sit down and look at what my husband and I have been able to accomplish in 2008. I thought I might share that because when you're in the middle of the every day grind of trying to be frugal it can become tedious and easy to lose focus. Stepping back and getting a big picture like this is nice and helps me to keep on track. So, here is what we've been able to accomplish this last year:

  • Reduced our number of debts from 5 down to 2.
  • Increased our savings by $2,000.
  • Paid off about $10,000 worth of debt.
  • Refinanced our mortgage to a lower fixed rate and change to a 15yr term.
  • Nearly doubled our net worth.
Overall I'm pretty happy to see how far we've come over the last year. I'm also very excited to see what we'll be able to do in 2009.


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