Last week I made an extra principle payment of $1,900. It wasn't as much as I had hoped because of all the money I had to spend to fix up the house, but it was still a good step in the right direction. The new mortgage total is $51,674. If all goes as planned it will be payed off in 1 year and 9 months.
I haven't added all of the utility bills for Jan. and Feb. yet. I hope I can cover them with the $500 that I budgeted. Then there's the matter of a little trip to Disneyland that I have planned for next month. I need $174 for my plane ticket. The travel fund only has $99. If my new tenant pays me for the furniture tomorrow then I will have enough.
There were also 2 unexpected bills. Well, I should call them forgotten bills. I forgot that I subscribed to PF Blogs last year. I had planned to cancel my subscription but forgot about it and it renewed for $70. Oops. Then there was my website's domain name yearly registration fee of $20. I'm not sure why it was twice as much as I thought it was going to be. I should read the fine print. I guess I was thinking that my blog would earn enough money to cover those costs. Nope, didn't happen.
Hopefully, after all of the utility bills come in next month, I will have enough left over to make another payment. Maybe I'll even dip below $50k. That's something to look forward to!