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My weekly update

March 27th, 2011 at 06:40 am

One more week of work and we are off for Spring break (DS#2, hubby and I). DS#2 had Spring break two weeks ago.

Lots of money was spent this weekend. One more month before property taxes for both houses are due (rental/primary). We put almost $1,300 towards the mortgage principal bring our total principal reduction to $5,794.79 this year. My husband I agree that any money in excess to a mutually agreed amount of savings will go into the mortgage principal. Our goal for 2011 is to trim $15K from the principal.


On the car front, we think we will purchasing a Mazda 3 for me and giving my 2001 Suzuki GV XL7 to my DS#2 when he gets his license in April. It'll be a good starter car for him. We actually bought the car brand new and we've really taken care of it. It only has 64,000 original miles.


I hope you all have a great Sunday and a frugal work week!

3 Responses to “My weekly update”

  1. creditcardfree Says:

    Great progress on the mortgage! I think you'll make your goal at the rate you are going.

  2. -Jerry- Says:

    I agree, that is going to lead to some great progress on the mortgage. I also think it is smart (and generous) to help your son out with used wheels that are well cared for. He will pay less in insurance and he knows who took care of the car before him!

  3. veronak Says:

    Way to go on the additional principal payment and enjoy your spring break

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