Goal update

I have reached 18% of one of my savings goals.  That may not be one-quarter of the total, but it’s quite good considering all the borrowing (from myself) and paybacks I’ve been doing lately!

I had to borrow money from my own savings to buy my netbook, but I’m happy to say I have paid it all back.

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Very quick goal update

I don’t even think I posted about this goal previously.  I have a goal of $3000 for one of my accounts.  A short-term goal I had noted for myself was to reach $500 by the end of April.  Since it’s April 5th and I am already at $440, I’d say I’m going to meet that mini-goal!

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Laptop situation

laptopbroken

Recently I wrote about my ancient, overheating laptop.  I was unsure about whether I should buy a full-sized, regular yet still portable laptop to replace my current 7-pounder, or whether I should just buy a netbook for now since it addresses several of my computing needs for a smaller price.  As it turns out, my sister had an old laptop that quit working correctly.  She never got it fixed, but I am going to take it to a local place to get an estimate.  If I can get it fixed for a decent price, I may have a new-to-me laptop!  It won’t be very portable (it has a 17″ widescreen!) but it will replace my 5.5 year old model.  Depending on how much it will cost to fix it, I may have enough money to buy a netbook!  On Monday, I will try to get an estimate.  Further updates to come!

Goal accomplished!

I am happy to report that I have reached one of my main financial goals!  I have now reached my goal amount for my emergency fund!

This will allow me to increase the amount I am putting towards opening a retirement account (my next major goal).  I am still contributing money towards my other financial goals, but reaching even a smaller goal is truly a motivation!  I now have only three goals to distribute to each paycheck instead of four (donating, debt, retirement).  I’ve already been thinking of goals to add for the future, but I’m going to wait until I reach another small goal.

Debt status: January 09

Sadly, my debt has increased.  This trend will continue until I can get financial aid.  While it is discouraging to see the percentage paid off shrinking, I must remember that I have been keeping the interest accrued around zero.

jandebt

More about textbooks

Having already made this semester’s rant about the price of textbooks, I’m going to spare you the figures and get right to the point.  I wasn’t sure how I was going to be able to pay for this semester’s books.  I need them sooner than I can afford them; my loan refund check doesn’t arrive until February.  Since I know I’ll need to read them before Valentine’s Day, I was going to borrow some money to pay for my textbooks, repaying using the refund check.  Then I realized something.  I was amazed at myself for forgetting my emergency fund!  I had enough money in that account to pay for my textbooks.

pigbank

The reason I didn’t think of using that money sooner was that I didn’t consider this financial need an emergency.  A need, yes, but not a real emergency, because I did have other options.  However, I realized it was ok to “borrow” the money from my emergency fund because I would be depositing the borrowed amount as soon as I get my refund check.  I know I’ll pay myself back, too.  I’m getting close to fully funding it, which is one of my goals for 2009.

Goals update: Balanced!

checkVery recently, I made great progress in meeting one of my overall PF goals.  I pledged to become more organized, and that is one reason I started this blog.  I use it to keep track of what I’ve done and to plan what I’m going to do.  I haven’t been posting publicly lately, but the private entries have kept me from forgetting my specific goals.

The progress I made was indeed an organizational feat tackled.  One of the first things I wanted to learn to do when I started watching my finances was balance my checkbook.  I bet that even people who don’t do much else in the way of PF do balance their checkbook.  For some reason, I could never understand exactly how to do it, probably because I tracked my checking accounts online.  When I tracked them online, I never got a matchup in my PF software.

Well this is a problem no more!  Each penny is accounted for, and to celebrate my clean slate, I made myself a tracking booklet to keep in my purse.  Now I have no excuse for not tracking my debit card purchases!