Hmmmmm it seems to be that time of year for looking forward and, I think, back to see how far you have come!
Lets see how things went for Karen in 2011
1. Business: Start paying down my Business credit line. Last year or maybe the year before it dawned on me that some of my stress was related to having a high credit line so I systematically came up with a plan to reduce it. Before I was just going to throw money at it I realized my land and building loan took a draw from my Business credit line every month and the expenses coming out of it were high as well. So I dropped my health insurance(3600 dollars a year!) and went on my BF's insurance with the kids and paid off that loan to stop some of the bleed. I haven't even used my BF's insurance yet this year! I do have dentist appointments booked though so Kate has me scared out of my mind lol! So along with putting personal flake money into my credit line and and not having these huge expenses so I should start to see some progress this year I hope.
I still believe in the logic behind this. However, I needed a new roof, took the plunge and now have around a $23,000 loan. It does add equity to my business and the loan was