July was just too easy…after a very frugal June we did spend some money on our skiing addiction. However, with the big fat tax break the numbers are way too cool! But here they are anyways! (I’ve also updated my page dedicated to this thing)
The best news is that we now own 30.35% of our home! This just feels so great! We did dig into our emergency fund so that’s at 88.05%. We’ll have to fatten that one up during August and September. Our ‘stash is 3.3%. We have this number in mind at which we’d like to call ourselves financially independent. Mind you, in my opinion we’d have to be rid of the mortgage plus achieve that number. Our overall income to savings ratio for the first seven months of this year has dropped to 65% on average! The monthly numbers were:
January 98%, February 98,% March 73,% April 94%, May 71%, June 40%, and July 28%…I guess we’re heading into the right direction?! This year’s goal was 75% and next year’s 70%. Let’s see whether we can nail the 70% this year already?!