Progress

With this page I hope to eventually have a very visual, very summarized, up to date status of our progress on all of our debt, such as balances, estimated payoff date, etc.

I also plan to outline each of Dave Ramsey's Baby Steps on this page and what we are doing for each one.


Baby Step 1 $1000 to start an "emergency fund"

Our Current Emergency Fund: $1000.00

Baby Step 2 Pay off all debt using the Debt Snowball


Debt Information (As of 8/18/11)
Debt Progress (As of 8/18/11)

 This is a chart of my goal payment vs. actual debt payment progression.  It is based off of our total accumulated debt, a 6 year payoff (beginning January 2010), and includes all progress to date.  Basically it tracks how far I am from the goal.  You will see what % of completion we are, how many months (and $) we are behind the plan, and how many years we have remaining until the debt is paid off.

Click to enlarge...



Baby Step 3 3 to 6 months of expenses in savings

Not started 

Baby Step 4 Invest 15% of household income into Roth IRA's and pre-tax 



  • Investing 4% of my income into 401K
  • Employer matches 3.5%
  • Employer funds pension at 5% of income
  • Total: 12.5% toward retirement


Baby Step 5 College funding for children

Not started

Baby Step 6 Pay off home early

Not started, but do own home.  

Baby Step 7 Build wealth and give!

Tithe regularly!  




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