Savings Challenge #4
February 5, 2010
So it’s fortnight #4 and I feel like I am settling in and getting on track with saving vs spending. I have done away with trying to keep a tally on my “shopping allowance” because it goes down too quickly and I forget to update it etc. etc. I will only be tracking my repayments and my savings tally. Which, by the by, has accrued a mighty 40c this fortnight! Yes! That interest funded down-payment on a yacht is right around the corner. The tally is as follows…
Repayments Made: $2170.00
Savings: $300.41
Savings: $300.41
Watching my repayments amount going up is quite heartening. $2170 down, $600,000 to go! Yay Mortgage! My focus now is on restricting impulse buying (do you know how easy it is to drop $150 at Target or Priceline without even realising it?) and to build up my savings so I have a nice little egg to fall back on. I am not allowed to dip into savings at ALL.
How is everyone else going so far?
