I'm so pleased that in the back of your mind you remember that the @$61k of debt payment was a revised goal. Im blown away that you ended up with $65+k though!
Awesome year for you guys. Being intentional with every dollar is key and this is proof of that. Don't be hard on yourself about your savings goals not hitting the target. Imagine what 2026 is going to look like when you are funneling all your debt money to savings and investing. It's gonna be incredible! Can't wait to see what 2025 brings for you guys!
Thank you so much! It definitely will be so much fun to see what we can save when we no longer have to worry about funneling so much of our budget to debt! 😃
I really love watching goal updates. This shows us how setting goals works. They can help you not only reach but exceed them. You had a tremendous year in 2024 and I have a feeling this year will be exceptional too! ❤❤
Katie, you’re amazing!!! Completely rocking it!!! I love it when our subscribers totally believe we can do something before we can see it and it actually happened!!!
Congrats on all the debt paydown Katie!!! 🎉🎉🎉🎉 Can't wait to see y'all crush 2025 as well!! No matter what happens in 2025, I am SO proud of you guys! ❤🥹
Good morning❤ you did amazing on goals. Way to stay focused and motivated ❤ I really enjoy coming and watching and staying motivated on my journey. Thank you for all you do. Have a wonderful day
Awesome Katie! You guys crushed those goals. I’ll be here rooting for you again this year 👏🏻. I’m hoping we can pay off between 25-30k this year of our debts. I would love to just have the car loans left going into 2026.
That’s an amazing goal! I have no doubt you can do it with all that you accomplished last year. Thank you for sticking with me for so long, Stef. I appreciate you, friend 🥰
That’s true! I doubt every year will go as smoothly as 2024 did, but at least that put us in a much better place to handle anything that may go wrong this year 😊
Great goals update! Amazing how well you have done in 2024! In terms of financial goals we hit almost all, had planned on earning more side income, but that didn’t happen due to everything. For non financial however, we didn’t meet at least 50% of our goals. Hopefully my health will be better this year so that we can actually achieve them this year instead.
I hope 2025 is a good year for you, your family, your finances, and most importantly your health! Are things going well with treatment? I’ve been keeping you in my prayers! I’m glad you hit most of your goals! Side hustle income is nice, but it takes time, and you have more important things to worry about. Hopefully you can hit all of your 2025 goals 🎉🤞🏼
@ had my second to last treatment this Monday. Then I have the last immunotherapy session on the 27th of January. That is the last of the heavy treatment, after that I won't need the IV anymore hopefully. Still have 4.5 years of hormonetherapy, but that's less bad. Will start treatment for neuropathy (pain in my nerves in my feet) coming Tuesday though. Hoping that will help against the pain from the chemo and immunotherapy.
I grew my emergency fund from 3months to 6months and started investing in a 457b plan (in addition to my pension plan). I will pay off my car sometime in 2025 I'm thinking it might be around may. I prioritized my emergency fund over my car pay off because my monthly payment is about 200 dollars with a low interest rate of 1.99% so that just made the most since for me. After my car is paid off I will be officially debt free and then will work toward potentially saving toward a down payment on a townhome or condo.
With that low interest rate, that totally makes sense! You can earn more in most savings accounts now, so that was smart 😊 here’s to having the car paid off in 2025 though! 🙌🏼🎉
Brokrerage accounts are " leave it and forget it" accounts. The money is already "spent", its not a huge amount, and it would be my advice to leave it as it sits.
Thanks, Terry! I feel the same way! Once I invest it I don’t want to take it out, but I know some people would advise using it to pay off debt. I’ll think about it, but I’ll probably keep it where it is ☺️
We definitely accomplished somethings we would not have been able to do in 2024 had we not budgeted past a death by 1000 cuts. We may have grumbled a bit from time to time but we didnt have the financial insecurity angst even though we had a few unplanned blips in 2024.
Looking at the goals and successes, you could have succeeded at all of them. You just chose to allocate them differently. Obliterating fed loans 4 and 5 seemed more satisfying than the savings goals. Besides in 2026 you can start investing and saving until your heart’s content.
I do think it was much more satisfying to pay off the debt, and I feel much lighter now, too. Debt weighs me down so much. I will be so happy to be able to save and invest more once it’s all gone! 😊
Have you done an updated net worth statement? I know I've seen you do it before but I can't remember what time of year that was. Have you shared what your mortgage situation is? Do you think you'll accelerate that payoff once the student loans are done? We're still working on our 2025 goals. We took out some low interest debt in 2024 and I'm hemming and hawing over paying it down or just letting it ride.
It’s funny that you ask that because I just filed a net worth update! It will go up next week. I usually do one every quarter ☺️ We probably won’t accelerate the mortgage payoff once we pay off the debt just because our interest rate is so low, and we make more from investing and even from savings in our high yield savings account. I’m glad the debt you took out is low interest! You’ll make a good decision on what to do. At least if it’s low interest, you don’t have to stress over it too much if you do just let it ride 🙌🏼
@@KatieoftheHouse Good Point. How much is the yield in the Brokerage. Although Perhaps I would just pay off the Highlander and hold off on the remaining student loan that has a relatively small intreest rate.
Explain to me how you differentiate or define "investment" and "savings" . When you use the term "investments" do you priimarily mean "retiremment" or money you wont use in 10 years, and savings has a 1-2 year time horizon? TO me they are really the same, The issue is yield and liquidity. Things you need money for in 1-2 years likely should not be in the market. Longer than 5 should, or at least could be. Also some I guess use the term Savings to mean Sinking funds. And to me that is just an aspect of good budgeting. BTW the notes in my last assumptuoins were way off. Why dont you do a video using your correct numbers. Make an assumptuon of when Marc and you desire to change his full time work and salary. Is it when the kids finish college? Later? Earlier? But with the investing you are doing it is something that would be valuable to analyze now. (So in the calc he numbers you need is how much you have now. Annual amounts, Intererest rates and if you ae using VOO I would use 9.5% annual. And number of years, (could be # of months) until you need to use money for retirement. I am NOT against your investing. I just dont want you sacrifice so much now, end up with a huge pile of money, and regret you didnt do some things with the kids while they wre young and would be interested in doing stuff with their parents. (For example, I never made it to the National Parks with the kids. Today, it is unlikely they would with me, even if we paid 100%. But I am going to Belgium with the older one in 10 days.)
Yes, I’d say investments are long term funds that I am not planning on using. Savings could be sinking funds and emergency savings. Obviously I don’t want to use an emergency fund, but I’d like it to be liquid and accessible if we should need it. I absolutely agree with you both enjoying life now. I think we will be pretty set in retirement. I am going to invest more once the debt is paid, but not ALL of the debt money will go to investing. We will definitely be traveling and enjoying life a little more, too. 2026 is right around the corner! 😄
Way to go! Just imagine when that total is $65k towards savings & investing.
I can’t even wrap my head around that 🤯 it will be such a good day when that happen though! 🙌🏼☺️
I'm so pleased that in the back of your mind you remember that the @$61k of debt payment was a revised goal. Im blown away that you ended up with $65+k though!
Thank you, Terry! I’m so happy we decided to be more aggressive 😊
I loved how motivated you twogot when you committed to the FOO! Excited to see your continued success
@@arh1234 thank you! I’m so glad we decided to do that. 🤩
You rocked 2024. I have no doubts you will do the same for 2025. Well done Katie ❤❤
Thank you for believing in me 🥰🥰
@KatieoftheHouse Always will be here supporting you and cheering you on ❤️❤️
Awesome year for you guys. Being intentional with every dollar is key and this is proof of that. Don't be hard on yourself about your savings goals not hitting the target. Imagine what 2026 is going to look like when you are funneling all your debt money to savings and investing. It's gonna be incredible! Can't wait to see what 2025 brings for you guys!
Thank you so much! It definitely will be so much fun to see what we can save when we no longer have to worry about funneling so much of our budget to debt! 😃
I really love watching goal updates. This shows us how setting goals works. They can help you not only reach but exceed them. You had a tremendous year in 2024 and I have a feeling this year will be exceptional too! ❤❤
Thank you, Debra! Goal setting has always been so helpful for me in our finances, and I love watching other goal videos, too 😃
Katie, you’re amazing!!! Completely rocking it!!! I love it when our subscribers totally believe we can do something before we can see it and it actually happened!!!
Yes!! The people here have been a huge blessing me through both encouragement and pushing me to do my best. It has been very helpful! 💕
Wow Katie!! What an incredible year you guys had!! 🎉🎉🎉 You sacrificed some of your goals for others and it paid off immensely! 💜✨✨Great extra income!!
Thank you, Imani! It definitely paid off! I feel so much lighter without all of that debt 😊
Happy 2025 again! You did amazing last year, and I know you're going to keep crushing this year!
Thank you, Brooke! I hope we can do close to what we did last year 🤞🏼😄
What an incredible year! Super proud of your focus and determination!
Thank you so much, Ang! 😊
Hi Katie, well done for 2024! Im so happy you guys were able to pay off so much debt and save up for expenses and ur EF!
Thank you so much, Stephanie! It was a good year for sure 🤩
U r doing awesome! Happy Thursday! 💗
Thanks, Izzy! Almost Friday 🙌🏼🎉
Awesome video, here listening from work ❤❤❤
Thanks, Shannon! Have a good day 😊
Wow, you've had a great year! Congratulations! 🥳
Thank you so much! It truly was a great year for us ☺️
Amazing year 😊❤😊 y’all crushed it
Thank you so much! I appreciate you being here throughout 2024! ☺️💕
Congratulations on paying off those debts! In 2024 I paid off three of my student loans!
Woohoo! That’s amazing to bring three less debts into 2026 🙌🏼 congrats!
Congrats on all the debt paydown Katie!!! 🎉🎉🎉🎉
Can't wait to see y'all crush 2025 as well!! No matter what happens in 2025, I am SO proud of you guys! ❤🥹
That’s so sweet, Hailey! Thank you so so much! 🥰
Listening while taking kids to school 🌸🌺💖
Thank you, Paula 💕
Hey Katie, thanks for sharing another great video. ❤
Thank you for taking the time to watch! ☺️
Hello hun new sub here is supporting and enjoying your video 🤗 🥰
Ahhh thanks so much for being here! ☺️💕
Good morning❤ you did amazing on goals. Way to stay focused and motivated ❤ I really enjoy coming and watching and staying motivated on my journey. Thank you for all you do. Have a wonderful day
Thank you, Eva! You always make me smile with your kind comments. Thank you for being here 💙💙
Awesome job Katie 🎉
Thank you 😊
Nice!!
Thank you! 😊
Awesome Katie! You guys crushed those goals. I’ll be here rooting for you again this year 👏🏻. I’m hoping we can pay off between 25-30k this year of our debts. I would love to just have the car loans left going into 2026.
That’s an amazing goal! I have no doubt you can do it with all that you accomplished last year. Thank you for sticking with me for so long, Stef. I appreciate you, friend 🥰
Amazing year- great job!
Can you please do a video on how you use your CCs for rewards?
Good idea! I’m trying to work on a new system for maximizing the points, so once I get that down, I’ll try to remember to do a video on it ☺️
Even if things don't go as well in 2025 or the bottom falls out for you, 2024 set your family's finances on a whole different trajectory forevermore.
That’s true! I doubt every year will go as smoothly as 2024 did, but at least that put us in a much better place to handle anything that may go wrong this year 😊
@KatieoftheHouse Or even right 10 years from now.
@@terryhenderson424 yes! Thats right 🙌🏼
Great goals update! Amazing how well you have done in 2024!
In terms of financial goals we hit almost all, had planned on earning more side income, but that didn’t happen due to everything. For non financial however, we didn’t meet at least 50% of our goals. Hopefully my health will be better this year so that we can actually achieve them this year instead.
I hope 2025 is a good year for you, your family, your finances, and most importantly your health! Are things going well with treatment? I’ve been keeping you in my prayers!
I’m glad you hit most of your goals! Side hustle income is nice, but it takes time, and you have more important things to worry about. Hopefully you can hit all of your 2025 goals 🎉🤞🏼
@ had my second to last treatment this Monday. Then I have the last immunotherapy session on the 27th of January. That is the last of the heavy treatment, after that I won't need the IV anymore hopefully. Still have 4.5 years of hormonetherapy, but that's less bad.
Will start treatment for neuropathy (pain in my nerves in my feet) coming Tuesday though. Hoping that will help against the pain from the chemo and immunotherapy.
I grew my emergency fund from 3months to 6months and started investing in a 457b plan (in addition to my pension plan). I will pay off my car sometime in 2025 I'm thinking it might be around may. I prioritized my emergency fund over my car pay off because my monthly payment is about 200 dollars with a low interest rate of 1.99% so that just made the most since for me. After my car is paid off I will be officially debt free and then will work toward potentially saving toward a down payment on a townhome or condo.
With that low interest rate, that totally makes sense! You can earn more in most savings accounts now, so that was smart 😊 here’s to having the car paid off in 2025 though! 🙌🏼🎉
Brokrerage accounts are " leave it and forget it" accounts. The money is already "spent", its not a huge amount, and it would be my advice to leave it as it sits.
Thanks, Terry! I feel the same way! Once I invest it I don’t want to take it out, but I know some people would advise using it to pay off debt. I’ll think about it, but I’ll probably keep it where it is ☺️
We definitely accomplished somethings we would not have been able to do in 2024 had we not budgeted past a death by 1000 cuts. We may have grumbled a bit from time to time but we didnt have the financial insecurity angst even though we had a few unplanned blips in 2024.
Fin so glad that budgeting helped you get through it! I always think that a budget should be flexible and should be able to those unexpected blips 😊
Looking at the goals and successes, you could have succeeded at all of them. You just chose to allocate them differently.
Obliterating fed loans 4 and 5 seemed more satisfying than the savings goals. Besides in 2026 you can start investing and saving until your heart’s content.
I do think it was much more satisfying to pay off the debt, and I feel much lighter now, too. Debt weighs me down so much. I will be so happy to be able to save and invest more once it’s all gone! 😊
Have you done an updated net worth statement? I know I've seen you do it before but I can't remember what time of year that was.
Have you shared what your mortgage situation is? Do you think you'll accelerate that payoff once the student loans are done?
We're still working on our 2025 goals. We took out some low interest debt in 2024 and I'm hemming and hawing over paying it down or just letting it ride.
It’s funny that you ask that because I just filed a net worth update! It will go up next week. I usually do one every quarter ☺️
We probably won’t accelerate the mortgage payoff once we pay off the debt just because our interest rate is so low, and we make more from investing and even from savings in our high yield savings account.
I’m glad the debt you took out is low interest! You’ll make a good decision on what to do. At least if it’s low interest, you don’t have to stress over it too much if you do just let it ride 🙌🏼
@@KatieoftheHouse I'll keep an eye out for that video! Our household financial situations are roughly similar so I love seeing the progress.
@@JKRBW well I appreciate you! I like seeing videos from those in similar situations as mine, so completely understand 🙂
I know you will make your 2025 goals because we are all in this together 😊
Yes!! Here’s to knocking out some goals this year 🎉
Clean out that brokerage! Get debt free! 👍🏻
or it could become part of your 3M EF.
It’s very tempting! I’ll definitely think about it ☺️
@@KatieoftheHouse Good Point. How much is the yield in the Brokerage. Although Perhaps I would just pay off the Highlander and hold off on the remaining student loan that has a relatively small intreest rate.
Explain to me how you differentiate or define "investment" and "savings" . When you use the term "investments" do you priimarily mean "retiremment" or money you wont use in 10 years, and savings has a 1-2 year time horizon? TO me they are really the same, The issue is yield and liquidity. Things you need money for in 1-2 years likely should not be in the market. Longer than 5 should, or at least could be. Also some I guess use the term Savings to mean Sinking funds. And to me that is just an aspect of good budgeting.
BTW the notes in my last assumptuoins were way off. Why dont you do a video using your correct numbers. Make an assumptuon of when Marc and you desire to change his full time work and salary. Is it when the kids finish college? Later? Earlier? But with the investing you are doing it is something that would be valuable to analyze now. (So in the calc he numbers you need is how much you have now. Annual amounts, Intererest rates and if you ae using VOO I would use 9.5% annual. And number of years, (could be # of months) until you need to use money for retirement.
I am NOT against your investing. I just dont want you sacrifice so much now, end up with a huge pile of money, and regret you didnt do some things with the kids while they wre young and would be interested in doing stuff with their parents. (For example, I never made it to the National Parks with the kids. Today, it is unlikely they would with me, even if we paid 100%. But I am going to Belgium with the older one in 10 days.)
Yes, I’d say investments are long term funds that I am not planning on using. Savings could be sinking funds and emergency savings. Obviously I don’t want to use an emergency fund, but I’d like it to be liquid and accessible if we should need it.
I absolutely agree with you both enjoying life now. I think we will be pretty set in retirement. I am going to invest more once the debt is paid, but not ALL of the debt money will go to investing. We will definitely be traveling and enjoying life a little more, too. 2026 is right around the corner! 😄