Friday, 15 February 2019

Not Budging On Savings

Nope, that is one red line in my budget, from here on out (unless unavoidable) . . . I will not give ground on what I put into savings. 

You see, I am already .8% short of making my target of 40% by the end of the year, and that is in my projections. As in, if everything goes according to plan.

Since I have ground to make up, I can’t slack off and just cut back on my contributions to savings, if I hit a rough patch . . . as in if I have to replace my battery. 

The thought of carrying a balance on a credit card makes my skin crawl. 

So, I will cut back when I have to and make sure that I balance each budget . . . somehow. I will dip into my Personal Overdraft if needed, but not savings.

So, this payday, with my truck battery dying, I need to cut back further. So a few usual items are not here this time . . . like my fuel budget.

I will not be fuelling up, nor refunding my wallets . . . this time. I will push those things until next payday (the 7th) or even the March 22’s budget.

Again, this is because I must balance each budget yet not touch savings. In fact, when I can, I need to put a bit extra into savings . . . after all I have a .8% deficit to make up.

For me, this 40% represents more than just an arbitrary number that I have picked to aim for. For me, it is my first off ramp, my first chance at a home and land.

I don’t have to take it, but at least it is there, it would be possible. That dream, that tiny bit of certainty is not something that I will give up on easily. 

I still have further to go, even once I get to 40% (you know, that other 60%) before I would voluntarily call it quit. 

Once I hit 40%, I could scale back my dream and still have it . . . if that was what I chose to do. I like having choices . . . don’t you?

As always: Keep your head up, your attitude positive, and keep moving forward!

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