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 19.3% (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 20.3% of my savings target.
That means I put away 1% of my total Savings Target this payday.
So, it is official, I have made 20% and each ten percentage points is a big deal for me, and a reason to celebrate.
Yet, funnily enough it kinda feels like only 13.33% because I increasingly discount the amount in my Mid-Term Savings Account.
That is my Personal Line of Credit, and is available to me to spend in an emergency at any given time.
I also don’t count the contents of my Main Account as savings, even the first thousand that I keep in there and designate my Personal Overdraft.
Yet, I know that this is splitting hairs and savings is savings.
To satisfy this urge I will continue to work and build my savings until I have put that extra ten grand in my Long Term Savings.
The point to focus on is the fact that I am continuing to build my savings with each and every payday.
What I will do with my savings, I have yet to decide or determine, yet as I do, I will continue to sock away cash.
As always: Keep your head up, your attitude positive, and keep moving forward!