Just enjoying some much needed between-Christmas-and-New-Year relaxation time and getting caught up with my monthly updates! Here’s December!!

  • $10,722 in RESP contributionsMISSION ACCOMPLISHED!¬†Because our RESP is now maxed out for the year, we added $800 to our RRSP, bringing our year-to-date total to $3,200.
  • Make at least 5 extra mortgage payments¬†– MISSION ACCOMPLISHED!!
  • Annual spend under $75K, including at least 4 months under $6K and at least one month under $5K – October to December are usually pretty high in terms of expenses, with high sports expenses and Christmas. This November, we spent $7,611.71, bringing our year-to-date total to $75,592.30. So yes, we already spent more than our annual goal of $75,000, and we still have an entire (expensive!) month to go. BIG FAIL. November expenses of note:
    • another $1,200 in sports-related expenses, including some hockey fees, ringette fees, and a deposit on a spring hockey team for our middle son (which I’m NOT happy about… not the money per se, but the fact that he’ll be playing spring hockey at all… but that’s a whole other post).
    • over $800 for Christmas presents and for our daughter’s birthday (including the cost of her birthday party).
    • $470 for a trip hubby took to Mexico.
    • $760 for clothing, which is super high.
  • NOT incur any consumer debt – None incurred, so on track.
  • Assemble a binder of financial information¬†– Did not make any progress in November…

With one month to go, it’s looking pretty good, although obviously not perfect. But that’s ok. I know with absolute certainty that we’re better off having set goals – even if we didn’t achieve them all – than if we hadn’t set any at all! Speaking of which, stay tuned for 2019 financial goals, which not surprisingly, will look very much like our 2017 and 2018 goals!

LS