Well, we did it!
Current Mortgage Balance: $84,722
And we had our anniversary dinner last night at the famous french restaurant -- it was amazing. We spent almost $200, but it was hands down the best dinner we've ever had. All of my favorite things: goat cheese, scallops, wine and chocolate!!
And we could have spent MUCH more: there was a caviar appetizer for $125, and the most expensive bottle of wine was $5,600. Yes. Five THOUSAND.
Anyway... we have taken a look around and now we are looking ahead! As of today, we have $20,000 in cash between our emergency fund and various sinking funds, and $32,000 saved for retirement. (I know... pitiful!) After we pay off the mortgage, our goal is to max out all retirement options and then beef up our sinking funds: the "Car Replacement" and "Home Repairs" funds are both woefully inadequate right now. As we make short-term sacrifices, we have been putting off things that need done, like an upgrade to our home's electricity.
Samantha, I think it's a great idea to celebrate milestones, even financial ones. As somebody who also enjoys French cooking and wine, what you did is something I liked to do as we chipped away at the mortgage. When we were mortgage free, to celebrate I invited some friends to join my wife and I for a fine meal and a bottle of Chateau Latour, which was a big indulgence but memorable to this day...