The beginning of September is here, which means now it is time for me to post my Baby Step 2 progress update. August was a weird month because it was the first calendar month in the new fiscal year at my husband’s company and so we weren’t sure when and how certain commissions and bonuses would be paid out. It turns out that we only received the standard Q4 2010 commission payout and that the rest should be coming in the next few paychecks.
- January 1, 2010 – $70,744.32 (I admit to having this number memorized)
- January 31, 2010 – $66,775.51 (5.7% paid off)
- February 24, 2010 – $66,173.36 (6.5% paid off – we paid cash for a $10k air conditioning unit during February)
- March 23, 2010 – $64,857.78 (8.4% paid off)
- April 30, 2010 – $61,637.78 (12.9% paid off)
- May 15, 2010 – $59,907.40 (15.3% paid off – I measured this mid-month because we broke into the $50s!)
- May 31, 2010 – $52,466.34 (25.8% paid off – we cashed in a small non-retirement mutual fund account and my husband’s commission was larger than expected)
- July 5, 2010 – $49,672.57 (29.8% paid off)
- July 31, 2010 – $47, 342.92 (33.1% paid off)
- August 31, 2010 – $40,688.78 (42.5% paid off)
Here’s to a prosperous September and maybe even reaching that halfway mark!
