July 2008 Goals Update

Goal #1
Specific - Contribute to my 401k plan

Done. Autopilot is awesome.

Grade: Pass

Goal #2
Specific - Reduce my credit card debt
Measurable - By 50% or $9,137 (rounded up to $10K)
Achievable - Monthly payments of $762

Last month, I thought I could be down to $10.5K. However, I’m now currently looking at $11.5K, unless I really dig deep.

Grade: Failing terminally

New Goal #3:
Specific - Reduce my credit card debt on my highest balance card ~$13K
Measurable - By 50%
Achievable - ~$825 a month

I put down about $850 on this card last month and another $850 today. Forecasting to December, I think I will come under $5,500, making this very achievable.

Grade: Pass

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