Monday, July 05, 2010

Monthly Amortizations, Done!

Finally, napuno na ang chart! Imagine, a chart that was started in December 2007--that's almost 3 years ago; a chart that we go to every month logging on payments and always making sure it balances with the bank records and keeps with the prescribed wedding budget.




Puno na! Dati we got excited that it's at 50% or 60%, now it reads 100%!

We have 3 months to go. We have also each made 50% payments to our deficit (discussed in previous entry). Pag nakabayad na kami sa deficit, all the rest we'll be earning will go straight to savings or as addition to the start up money we need. Hay, this is a nice feeling. Nung una akala namin we're in trouble, ngayon... it's looking positive naman. I am so proud of myself and Momon.

We will keep this system of making monthly amortizations. It's a great way to discipline ourselves with money, learning to prioritize savings, and living within our means. Perhaps the first months/year will be difficult since it's both our first time to live completely, as in 100%, apart from our parents and not relying on them for dinner, water, electricity, etc. But we are together, and that's what matters. :-)

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