The Payback: July Progress

We are paying ourselves back for the car we helped our daughter purchase. The goal is to return $11,000 back to our savings account by the end of 2024 or sooner! These payback posts are to track that progress.

July Progress

7/1 Income $425

7/15 Income $515

Total $940    

YTD $8,180.00

Left to Goal $2,820.00

Three more months of payments equal to $940 and we can cross this goal off as complete! Previously we had been adding $915 a month. The additional $25/month will help get us to the final payment to ourselves on October 15. 

June Snowflakes

I'm tracking money coming in this year from interest, credit card rewards, and other miscellaneous places. Reward money is going towards paying down our van loan. Each month I calculate the total and send it in towards the principal of the loan. Interest is just accumulating in our bank account to add to cash savings this year. 

Chase Rewards  $17.16

USAA Interest $0.12

Amex Reward $35.63

NFCU Interest $76.09

FNBO Interest $91.55

Total $220.55

YTD $1,527.45

On track to accumulate around $3,000 in interest and credit card rewards in 2024! We are grateful of every penny that supports us.