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2014 Summary

January 1st, 2015 at 12:15 am

Well, it turned out that even with an unexpected medical expense, 2014 was a good year.

- D got a raise in October, and then a promotion which came with another raise (effective 1/1/15)

- We spent 25% on wants, 53% on needs and 22% on savings (close to the 30/50/20 ideal)

- D had a lot of side work (photography) and with that extra money, we were able to get both IRAs up to the $5,500 limit

- Our food spending was less than last year!

- We paid off $4,013 in mortgage principal

- We made $1882 more than we spent

- We have a little over $10k in our car savings fund

- Everyone is happy and healthy, and that's what really matters!!

Happy New Year!!!

Posted in Frugal Living | 4 Comments »

4 Responses to “2014 Summary ”

  1. FrugalTexan75 Says:
    January 1st, 2015 at 12:19 am 1420071544
    1420071544

    Sounds like a good year!

  2. Bluebird Says:
    January 1st, 2015 at 01:25 am 1420075510
    1420075510

    Happy New Year!

  3. starfishy Says:
    January 1st, 2015 at 01:46 am 1420076813
    1420076813

    great summary - happy new year! oh, and thanks for posting the clothing chart - i forgot that i had asked about it. the spreadsheet is a great idea!

  4. VS_ozgirl Says:
    January 1st, 2015 at 11:32 am 1420111947
    1420111947

    Great work!

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