Today's Focus

Current Goal: Automate Savings and Mortgage Paydown

1) Extra $1,100/mo. to mortgage
2) $1,000/mo. to short-term savings
3) $400/mo. to investing

Previous Goal: Eliminate Mortgage on Rental Property
Interest Rate is 5.125%!

January 1, 2019: $59,592
August 11, 2020: PAID!


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Thursday, November 11

November Goals

It's difficult to set goals when you aren't sure of what to measure. My business partner and I expect to have the funds in place this month to start our own business. I don't want to overburden myself with mystery shops since 100% of my focus will be on this business after we receive funding from our investor.

Despite the difficulty, if I fail to plan, I plan to fail. Let's see if I can meet these three objectives:

November Goals:
  • earn $1,500 from mystery shopping (last month I earned $2,017)
  • reduce credit card debt and car loan to $36,500 (9/30/2010: $37,779)
  • pay 2 of my 8 property tax bills
That last goal alludes to the obligation I am most worried about right now. By the end of December I have to pay almost $9,000 in property taxes. Last year I ended up putting the taxes on a credit card - bad move but there was a lot of uncertainty then with my recent job loss and I was trying to close on the purchase of my last rental property.

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