Now that February is over, I have a chance to look back at our financial statements for January. A few quick highlights:

1) My Jeep is paid off now, so that will save us close to $400 a month.  I am deferring $250 of this savings into our Money Market and taking $150 a month and putting it towards my wife’s SUV. By making the extra $150 a month, this will cut 6 months off of the loan and that is if I add nothing else to principal.
2) We have 3 credit cards that have a $1,000 balance, so those are being attacked first. We are currently putting $100 a month towards these, but will increase that to $150 a month to reduce the monthly fees.
3) It also looks like one of my wife’s student loans will be paid for, which will free up another $50 a month that will be put towards credit cards.
4) There were a few unexpected bills that popped up, but I think that for the first time, that we are seeing the light at the end of the tunnel. It is a long crawl to get closer to the light, but at least we see the light.