Finance Travels

DEBT FREE!!! (except for the house of course).

As expected, we made our final car payment and are now debt free (except for the house and some non-revolving credit card debt).  I’m pretty impressed that we were able to buckle down and pay over $4,000 in debt between September and late November.

Our investments did well again this month, however I am stalled with our “fun” investments.  I purchased Citigroup (C) at $4.27 thinking that it would bounce back up to around the $4.75+ that it had been at.  Obviously that hasn’t happened and I’m stuck holding it until it at least makes a modest rebound.

As always, November will likely be our most expensive spending month, as we try to complete Christmas gifts before the real craziness begins.  I’ve learned to just shut my mouth and let my wife do what she “needs” to do during November and then start reeling her back on December 1st.

Our next step is to double our emergency fund over the next six months.  I’ve started the process of “laddering” our CDs so that I have four CDs come due over the course of a year (3 months apart) rather than one big one once a year.