Wednesday, November 30, 2011

Monthly Update

Pay off student loan - 20.8% (Up 1.2%)
E-fund 2 - 116.8% (Up 19%)
Fence - 77.8% (Up 26.1%)

The student loan goal is up a little extra as I made November and December payments this month. I hit my goal on the back up emergency fund, woo! I shifted some of my primary emergency fund into the backup because of my last post - moving $1000 from a CD to a GNMA bond fund. But also the market bounced back a little bit. So, I'll be taking that off the monthly update. I might add a few dollars to the primary fund over the next couple of months but it seems as though I had that one slightly overstocked in cash equivalents. As well, the time has come to use the "fence" fund on the cat, so that goal will be starting over..lol :) Hopefully third time is the charm on that one. If nothing else, January is a 3 pay check month and in February I should be getting a hopefully decent tax refund. Between those things, I think the fence fund should be knocked flat. Woo hoo! I'm not sure what goal will be next. I'll be thinking about that..

Wednesday, November 23, 2011

CDs

Happy Thanksgiving kids! A day early. But I already celebrated :)

So I just got the note that my CD is coming up for renewal soon. I can lock in .6% for another year. Boy I can just hardly contain my excitement. I'm thinking I will move that money to the GNMA bond fund. I put a couple of hundred dollars in GNMA awhile ago while I debated if I felt comfortable putting more there. The answer is yes! The risk? This is part of my emergency fund and it's not federally insured like the CD was. But still, the risk remains relatively low. For me I think the small risk is worth the extra gains.

In other news, my cat was approved for the expensive treatment. Bye-bye fence fund. He goes next week, and I still don't have the total. Thankfully it's going on the credit card so I have a few weeks to shift my dollars around. I am excited though. I will think of it as an early Christmas present, to both of us.