I'm trying to balance my financial goals with also making sure I don't let life pass me by. I had a marriage breakup last year which caused me to reevaluate what is important and what I want from my life.
My only debt is my mortgage of $162,700. With my current payments, that will be done in almost exactly 12 years. I will put some of my tax refunds to this each year (refunds due to RRSP contributions) to decrease the time, but I also want to take a trip each year to make sure I'm building memories.
This year I am going to Scotland with my mom. Flight is paid for, accomodation will be with family, and I have spending money set aside.
I have an emergency fund in place already, so this is my current progess on my goals to be reached by the end of February 2014.
RRSP contribution $5,800 of $13,700
New car fund $2,000 of $4,400 (aiming for $20,000 by Dec 2016)