Goodbye Nelnet

Past Due:	$0.00
Current Amount Due:	$0.00
Pay This Amount:	$0.00

Outstanding Balance:

$0.00   View Payoff Details

Steve and I made the final payment on his Nelnet student loan today.  One down, one more to go and we are DEBT FREE, except for the house. 

College Savings Goal

I did some research on college savings for Anne. With the estimated cost of college going up every year, we are trying to start saving early. According the calculator below, for us to save the money she needs for college, we have to start saving almost $600 a month. Yikes and that's just for one child. I guess we had better get started.  We obviously can't save $600 a month at this time but maybe we can save enough for one year of school.  We only need $150 a month for that. Every little bit helps, right?

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Results

If your goal is to cover 100% of the $246,972 projected cost of college,
you will need to start making monthly contributions of $577 to meet that goal.

Your child:

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Will be attending a college that currently costs $ annually. 
Has   1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18   years until college. 
Will attend college for   1  2  3  4  5  6  7  8   years on a            full time           half time          basis.

You:

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Wish to save enough to pay for % of projected college costs. 
Wish to meet your savings goal by the time your child            begins           ends          college. 
Currently have $ in your college savings.
Wish to make            lump sum           annual           semi-annual           monthly          contributions to your college savings.
Expect college costs to increase by % per year. 
Expect to earn % after-tax each year in your college savings plan. 

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"Precious treasure and oil are in a wise man's dwelling, but a foolish man devours it." Proverbs 21:20

"The plans of the diligent lead to profit as surely as haste leads to poverty." ~ Proverbs 21:5

Happy Fiscal New Year!

Today is our Fiscal New Year!  Since we get paid every other week our paychecks don't line up with a traditional month.  At the beginning of every year, I map out and label each check with either "Check 1," "Check 2," or "Extra Check."  This year our "Check 2" of December landed on December 8th, so that means the checks we got today are the first check on January.  So HAPPY NEW YEAR to us!
Now that mean it's time for us to have our year budget committee meeting and see how we did for the year.  I think we were incredibly blessed this year.

Budget Cuts are Not Fun

It is going to be an interesting couple of months for Steve and I. We just found that Steve's hours are going to be cut starting in August. Luckily, we wont lose our benefits though, so that we are thankful for. I trust God is going to continue to provide for all our needs. He has done it before and He will do it again. It's going to tough though trying to squeeze every last dollar out of our already tight budget. We are still going to continue working on the Wycliffe application process. Please continue to keep us in your prayers.
James 1:12

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