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Year to Year Comparison

December 12th, 2014 at 09:49 am

My finances still have not fully healed, but then neither have I. I want to replenish the cash reserves to twelve times a mortgage payment, and I'm $200 short. I've been using coupons, BOGO promotions and sales where I can.

Last year at this time I owed $12253.69 on the car and am down to $9018.54. Over 25% principal paid, down from five figures to four. When you owe like I do, a digit drop down is a milestone. The biggest milestone so far was getting from six-digits to five-digits for mortgages.

The HELOC I have paid $1105.80 this year, with an additional $73.90 to come December 15. I could round this up to $1200 principal for the year, 10% reduction of principal.

The good news is my debt sums and liquid taxable sums have reached a difference from each other where I could resume paying down the principal on the loans.

My three stocks Robbie (bank stock: hahaha!), Blue Chip and Earnie (they are DRPs, no personality whatsoever) have appreciated by 11% over the past year, including dividend reinvestments.

I don't count on having many Xmas presents under the tree this year, but with new hiking boots and pillows, and lots of NHL reading material for the bicultural tot, most of us are satisfied, if not lonely. We have too much stuff as it is, so memberships and events tickets are going into stockings. I am three weeks away from taking first place in a 2014 dead pool, so that helps a little, and from winning a Dead Pool side bet (gift certificate from an eminent global e-tailer). Will I be doing the Dead Pool again? Probably. 700% return on my investment is not bad.

4 Responses to “Year to Year Comparison”

  1. LuckyRobin Says:

    Great job on the mortgage. Cute nicknames on your stocks. Hope you win the dead pool.

    Have you heard from Baselle lately? She hasn't posted in forever.

  2. PauletteGoddard Says:

    @LuckyRobin: I have! She's gearing up for Dead Pool 2015. SavingAdvice.com regulars should consider entering: they've won from 2011-present. I'll see if she's up for coffee in the next two-three weeks and pump her for updates.

  3. rob62521 Says:

    Hang in there...you have made good progress so don't give up!

  4. FrugalTexan75 Says:

    11% returns is pretty darn good! Like your nicknames too Smile

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