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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Friday, June 17
Pleasant Surprise with my Car Insurance
When I began thinking about selling my car, I listed lower insurance costs as one of the benefits. I paid $652 for six months of coverage in February, which works out to $108 per month. Sure, that included two cars, but I only drove one of them. It's never made sense that I should have to pay more for liability coverage because I owned two cars (I can never drive more than one of them at a time!).
When I called my insurer to drop coverage of the G5 I was delighted by the new figure: $190, or $31 per month. I wasn't expecting a decrease of more than 2/3.