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The Roth and more thoughts

August 26th, 2016 at 09:56 am

This month has been a record breaking in terms of contributing to the Roth IRA. I made total contributions of $936. Yay me! I'm toying with the idea of paying the HELOC in three years; we used a portion of it to make the down payment for the investment property. I've already played with some amortization tables to figure this out. I've no regrets in using 1/3 of the equity on our primary home to do this. Once the HELOC is paid off, we will be netting about $700 from the rents. Yes, I realize that we are sacrificing a little to make this happen but I am certain that this is so worth it in the long run for it will help us achieve the goal of staying the majority of our time in New Jersey during retirement. We have no other consumer debts (no cc, car loans, student loans, etc.)

I made some delicious zucchini bread today. I used a recipe I found online and it is definitely a keeper. I have 6 cups of shredded zucchini in the freezer to be used during the fall. If I find more zucchini at great prices, I'm tempted to buy more to shred and freeze. I'm going to a sun flower maze tomorrow with a couple of my girl friends. Super excited about that!

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