Action Plan

2025 – 2026 Financial Roadmap

Phase 1: White Car Payoff

Timeline: December 2025 - March 2026

$2,000 / month

(4 monthly payments)

  • Goal: Pay off $8,000 balance on the White Car.
  • Total payments in this phase: $8,000.

Phase 2: Red Car Acquisition

Timeline: April 2026 - September 2026

$2,000 / month + $10,000 lump sum

(6 monthly payments)

  • Total saved from monthly payments: $2,000 * 6 = $12,000.
  • **Total funds available:** $12,000 (payments) + $10,000 (additional funds) = $22,000.

Phase 3: Investments & Holiday Season

Timeline: October 2026 - December 2026

$3,500 / month

(Investment Focus)

  • Primary Focus: Maximize monthly investment contributions.
  • **Pre-Investment Deductions:**
    • Shannon's Birthday: $300
    • Christmas Funds: $1,200
    • Huntington Bank Goal: $1,200
    • Total Deductions: $2,700
  • The $3,500/month is the net investment amount after covering these holiday/savings targets.