GI Jane Finances

About GI Jane

I am a thirty something female in the military on the road to financial freedom.  I am not at all frugal, nor do I want to be.  I want to be comfortable and most importantly–debt free.  This blog is to detail my experiences with money.  I am definitely not a financial expert.

My 2011 goals:

Save for retirement: Max out my Roth IRA at $5,000.  Max out TSP at $16,500. Total: $21,500.

Save for a downpayment: Save $800 a month. Total: $9,600.

Save 3-6 months of an emergency fund. Save $500 a month.  Total: $6,000.

Save for a car.  Save $300 a month.  Total: $3,600.

Save for vacation.  Save $200 a month.  Total: $2,400.  This a variable since I will take trips throughout the year.

Continue to pre-pay my rental mortgage at $1,048 a month.  Total: $12,576.

Teach Financial Peace University at church I have given up on this…need to take a course in order to teach.  I just do not have the time.

Debt as of 26 Dec 2010:

$99,612.69 mortgage on rental

Retirement as of 26 Dec 2010:

$127,949.72

Saving accounts as of 26 Dec 2010:

Car: $1253 $4882.67

Vacation: $852 $602.00

EF: $2556 $7611.41

Vanguard–House downpayment: $3165$12,428.82

Total: $7826 $25,530.10

Leave a Comment »

No comments yet.

RSS feed for comments on this post. TrackBack URI

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Blog at WordPress.com.

%d bloggers like this: