Debts:
Mortgage: $207,061
Student Loans: $21,456
Assets:
Savings: $12,502
Taxable 1: $19,150
Taxable 2: $1,666
Taxable 3: $10,101
2021 Goal: (248K)
2022 Goal: (220K)
2023 Goal: (190K; Stretch 184k)
2024 Goal: (153K; Stretch 145K)
Net Debt: DEC 2020 ($261,341)
DEC 2021 ($248,521)
DEC 2022 ($226,794)
JAN 2023 ($222,557)
FEB 2023 ($219,331)
MAR 2023 ($217,622)
APR 2023 ($215,242)
MAY 2023 ($213,078)
JUN 2023 ($210,977)
JUL 2023 ($205,630)
AUG 2023 ($200,974)
SEP 2023 ($199,191)
OCT 2023 ($198,131)
NOV 2023 ($196,611)
DEC 2023 ($191,055)
JAN 2024 ($185,098)
Wow! What a great year, I ended the year ~$1,000 away from my stretch goal (In reality, I reach my stretch goal as I saved $2,000 which I invested into my IRA which would have been placed in the taxable had I followed through on my plan)! It is exciting to see everyone making solid progress on their overall debt this year, congratulations!
I am unsure how to plan for next year as I will be moving and starting a new job this spring. My mortgage debt is likely to increase some, but it should not be substantial. For now, I would like to make my goals as if things were continuing the same for 2024 as they were in 2023 and make adjustments as the year continues and my financial outlook becomes more clear.