No, that was not the interest rate of some loan shark “debt consolidation loan” that I saw on offer. That is the percentage of my paycheque (today’s) that will into savings.
This is something that I have been working towards, something that I am most proud of. I have reduced my cost of living to the point where I can put that much into savings.
The whole point of this is not to be a miser or have a large savings account for the sake of having a large savings bank balance.
The purpose is to build up those savings so as to bring my dreams into existence that much sooner. (At which point move out of my trailer . . . but not until then.)
I have the Wanda Repairs and Upgrades which will be coming out of that savings account, but that’s okay.
The point is to build up those savings while staying debt free. That way, whatever I have is mine and mine alone.
I will be keeping an eye on what is going into savings, however, as well as how much is in and how quickly my savings are growing.
For now, I will keep trudging on and stay motivated by looking to my future while keeping in mind what I can do today, to move me towards my desired future.
As always: keep your head up, your attitude positive, and keep moving forward.