So far JMM and I have not been adversely affected by the current economic downturn. We are both still fully employed in jobs that pay well and have benefits. We both realize that this could change at any time for either of us. Therefore, we have made decisions to help prepare for this possibility. The first decision was to make it a priority to pay off our house by the end of 2009; this meant stopping all contributions to our 403b retirement accounts for this one year. The second decision was to increase our emergency fund by an additional $50.00 per pay period; it is a small amount but over the course of a year, our emergency fund will increase by $1300. The third decision was to continue to live frugally in order to accomplish the first two goals. The fourth decision was to do everything we can to maintain good health; with the exception of my CMT, we are both in good health but there is room for improvement in diet, exercise, and stress management. I hope to look back on 2009 as a year in which we moved forward physically, financially, personally, and professionally.
Thought for the day:
"We can do no great things; only small things with great love." Mother Teresa.