Welcome to No More Spending; our money adventures as we attempt to pay off our mortgage by December 2015, move abroad, and reach Financial Freedom by 2020. You can read more about this site here and subscribe to get all the latest updates sent to you by email or RSS feed here.  Thank you for visiting!

21 December 2007

2008 Financial Goal

Well I'm back! Thanks for all the good wishes..we had a great wedding day and a wonderful honeymoon.

The goal for 2008 is simple

- Clear £15,000 in debt

I only (!!!) have debt in two places now, Loan 1 and Loan 2, I think this will help with focus. I'm going to attack Loan 1 first. The current balance is £10,700 however this will reduce at bit more next week when I get paid. The first aim of 2008 is to clear this as soon as possible and then start on Loan 2.

I'm currently trying to do a new budget for 2008 with every possible thing I can think of built in. I'm hoping that food and grocery prices stop increasing as it's getting harder to keep within budget with these. It's a good job the kids like pasta:)

3 comments:

  1. have you read Dave Ramseys Total Money Make Over? I just finished it and am planning on reading portions of it again. It's a bit American centric (that's to be expected) but he has some really great ideas for managing money. the one I like was focus on one thing and one thing only.

    I've read a ton of PF books and blogs and rather surprisingly he had a lot of good stuff to say.

    ReplyDelete
  2. Yay, you're back!

    I can't wait to see your numbers going down in 2008. It must feel great to only have 2 debts left.

    ReplyDelete

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