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Home > $20K Update - Federal Tax Return is here! Hit $29K!

$20K Update - Federal Tax Return is here! Hit $29K!

February 6th, 2014 at 06:04 pm

Our Federal Return was received in our checking account this morning! YEAH! It was $2308.00....we are taking $2000 to Deadwood next weekend (not sure what we are doing with what we bring back yet). And I put the $308 into savings...I rounded up to meet the Sept 2014 Savings Goal. YIPEE!! Also hit $29K...it will only be for a min since we have to pay the Property Taxes next week, but if we bring home a decent amount from Deadwood we will still be right up there....been a long time that I have been sniffing at the door of $30K.... Smile

New Focus = Sept 2014 $1800/$1800 - Goal Met!!
New Focus = Short Term EF $210/$1000

Current Balance $28,720.00
+$308.00 From Federal Tax Return
+$2.00 Even Out Amount
+$65.00 To meet Sept 2014 Goal
New Balance $29,095.00

ING $25,555.00
Home Improvements(cash)$440.00
HSBC $3100.00
Total = $29,095.00

Posted in $20K challenge | 2 Comments »

2 Responses to “$20K Update - Federal Tax Return is here! Hit $29K!”

  1. Rachael777 Says:
    February 6th, 2014 at 06:48 pm 1391712533
    1391712533

    great job it is motivating to see the progress.. you are definately starting off right financially. great job... are all your goals in this one amount? (goals 1-10+ on the left hand side)

  2. Banker Gurl Says:
    February 6th, 2014 at 10:04 pm 1391724275
    1391724275

    Thanks Rachael! #9 - #10 are not part of the $20K updates...and neither is our retirement savings. It is only amounts that I consider to be "liquid" savings. So I don't count the cushion in the checking, the HSA or the retirement in that amount. Basically if there was an Emergency, what money would I actually have access to no matter what the situation was.

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