We had a rough last week in July and things are looking bumpy in August as well.
But instead of being down and pessimistic about it, I’m actually excited to be able to purchase some really good stocks at a good price.
Are we at the bottom yet? Don’t know. The market can drop some more.
If you [...]

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Looks like those 2 new credit cards did hurt my score quite a bit.
It’s down to 742 from last month. I was hoping these 2 new cards would help my score a bit by increasing my credit line, but the limits I got in these cards were not that high ($7k for my Toys R [...]

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It’s frustrating how I put almost $2k every month into my mortgage, but the principal only goes down $500.

The good part is that I was able to make a significant dent in my car loans this month. Can’t wait to see these loans paid off and out of my life.

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My FICO lowered a bit this month to 758.
What factors lower your credit score:

Length of credit history : You opened your first credit account 9 years and 10 months ago.
Credit usage : You currently owe $1,925 on your revolving account(s).
Credit applications : You applied for credit 2 time(s) in the past 6 months, as recorded [...]

Posted in FICO Progress, Finances, Retirement Progress 3 Comments »

An update on my liabilities:
I’m still trying to pay these car loans as fast as I can. They still represent a large portion of my budget.
 
My mortgage is still a nightmare. I’ve only been putting an extra $50 per month because I wasn’t planning on staying in this home for more than 5 years.
I had [...]

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Checking and Savings
Last month I opened two accounts on ING Direct: a savings and a checking account.
I’ve been wanting to build up my emergency fund, but it’s been hard with the bull market that we’re experiencing. I’m going to try to control myself and not transfer the money I put in the savings and purchase [...]

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 Thought it would be interesting for me (and for you) to track my FICO Progress. Once I have enough data on my Retirement/Debt/FICO progress, I’ll make a chart to see how I’m doing over time.
 Anyways, my FICO Score for May was 766.
 What factors lower my credit score:

Length of credit history : You opened your first [...]

Posted in FICO Progress, Finances, Retirement Progress 1 Comment »

Along with my Retirement Progress, I’m also gonna track my debts.
I don’t have any CC debt. I pay them in full every month, so I don’t consider them debt.
I do have 2 car loans and a huge mortgage.

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Since this is my first post on my journey, wanted to give a blueprint of my finances.

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