Okay, so it is that time again, when I update how my progress is going on my “Grand Savings Plan!”
Okay, so let’s see how I did . . .
For review, here is how things looked from last payday . . .
That is 18.0% (of my Savings Target).
And this is how things look like, after the dust settled on this payday’s budget . . .
That’s right things jumped up to 18.2% of my savings target.
That means I put away .2% of my total Savings Target this payday. Not only that but the Estimated Done Payday was pushed up a payday to July 22, 2022.
For those of you paying attention this means that the last month I have accomplished nothing on my Grand Savings Plan.
Why? Well, because I first went up to 18.2% on January 22. Then I dropped to 18.0% last payday and I am back up here to 18.2%.
I have had some expenses as well as in an attempt to stave off the Taxman I have flushed some cash down the toilet (AKA: put cash in my RRSP).
Since RRSP’s are not yours, and not your asset (how can they be if you “borrow” “your” cash from “your” account. (Give me an unlimited TFSA any day.)
Anyways, so as a result of this my savings have stagnated and it is increasingly looking like I will push my Grand Savings Plan up to April 7, 2023.
This is because the middle to end of summer is not really the time to start to look for land with a hope to do anything but winter over on it that year.
It is much better and wiser to start in the spring where there is more time to search, buy and . . . get started. We shall see, as that is too far ahead to plan for.
As far as this savings slump is concerned I keep telling myself that all I can do is keep doing my best and understand that all I have is this paycheque.
I have no idea what the future holds, and my savings goals may never be achieved for any one of a thousand reasons, none of which would be my fault.
So, the plan will take as long as it will take and I may or may not make 40% by the end of this year, and that is okay.
Anything going into savings is a good thing and all I can do, is keep trudging forwards.
As always: Keep your head up, your attitude positive, and keep moving forward!