Tuesday 23 April 2019

Grand Savings Update

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 21.4% (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 22.6% of my savings target. 

That means I put away 1.2% of my total Savings Target this payday. Yep . . . you read that right . . . 1.2% . . . despite buying the solar charging system this budget cycle.

How could this be you ask?

The answer is simple, a random stranger out there was sooo impressed with all that I’ve accomplished that they paid for the solar charging system for me . . . yep.

Really . . . 

Honestly . . . 

Hey . . . it could happen!

Okay, no, the answer is that I decided to simply carry a balance on my low interest credit card for 6 to 8 months as I continue to build my savings.

The interest shouldn’t be all that much and quite frankly I expect that to be paid by the fuel savings per month by not running a generator. 

I can work this into my current expenses without much pain, and I will pay it off before long. 

On a side note, I have gotten rid of my generator, mainly because I saw that I was not going to use it, or only rarely use it, and so it was literally dead weight that I was carrying around.

When I get to the property I can buy one again, or rig up a larger renewable energy system to provide my electricity needs. 

Who knows, but until then a generator, particularly of the size and weight that I had was literally dead weight.

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

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