July 2009: Financial Progress Update

I hope your summer has been going well. We’ve been busy, but it all came together this weekend with the wedding. I was so happy for my friend and my brother in law. They make a beautiful couple inside and out and the wedding was a great reflection of that.

Since we’ve been busy with family, this month’s review is a bit shorter than normal.

My husband and his dad before my brother in law's wedding.

Our Financial Goals for 2009

Debt: We would like to pay off my car loan by March 31, 2009.Goal Met.

Debt: I’d like to reduce our expenses in July by 10%. Not Met This Month.

Spending: We’re going to limit eating out $100 this month. Goal Met.

Savings: We want to have 6 months worth of expenses saved by July 31, 2009 . We also want to build our house fund. Not Met This Month.

Health: I want to lose 12 lbs by July 31, 2009. Not Met, but I did lose weight!

How We Did in May on Our Financial Goals

Debt: Driving out of town has increased our gasoline expenses a bit. It should go down this month. Our power bill went up this last month with the A/C we’ve been running to combat this high 90s weather we’ve been having. Otherwise our bills have remained the same.

Spending: Considering how much we were out of town and hanging with friends, I was surprised we met our goal. I think we’ve gotten smarter on where to eat out. We have our sushi spot that we paid a visit on, but we made sure to go there for their buy one, get one roll 1/2 off deal. You can also get wines for 1/2 off.

Savings: It’s been a slow uptick this month, but my husband has gotten a bonus from his job at the end of July, so this will be transferred into the joint savings as soon as it cleared. We’re grateful for him to be in a job he enjoys and to have bosses and managers that appreciate his contribution.

My father in law and I posing for a quick pic.

My blog income will continue to be directed towards joint savings and personal expenses. I appreciate the support I’ve received from readers and other bloggers. I decided that we’re going to push back the saving goal date until December 31, 2009.

Health: Man vs. Debt’s PF Blogger Weight Loss Challenge is now finished. I didn’t lose the 12 lbs, but I managed to lose a smidge more than 8 lbs. I plan on continuing to work on my goal and to increase my exercise routine.

How are you doing?

How is everyone else doing with their 2009 goals? Have you had some unexpected changes?

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