So, I have been thinking a lot about my Grand Savings Plan. More specifically I have been thinking over how much to save and in what manner to do it.
Do I invest in this stock? Or that Mutual Fund? Bonds? T-Bills? What?
Questioning what you are doing is always a good thing, as situations change and from time to time you need to re-evaluate what you are doing and why.
Don’t be so committed to one plan so as to stick to it simply because it is what you are used to.
For me, I have decided to continue doing what I am doing because I don’t really have the time for such investments to do me any good.
I will still look into them and if one or two makes sense, sure. As you know, the plan is to save up my target amount and then start spending it right away on The Homesteading Process.
So, with that said, let’s get on with a delayed . . .
The Homestead Fund Update
Okay, so it is that time again, when I update how my progress is going on my “Grand Savings Plan!” (to build my "Homestead Fund")
Okay, so let’s see how I did . . .
For review, here is how things looked from last payday . . .
That is 12.8% (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 13.3% of my savings target.
That means I put away 0.5% of my total Savings Target this payday.
Okay, that is a dismal number, but I was hit with two things this payday, one was paying for my Yearly Mailbox Rental. The other was paying for my Christmas Break.
I have decided to pay them both up front now, rather than try to carry a balance on a credit card, as even to think of doing so makes my skin crawl.
I will still make my goal of 17% by the end of the year. That means I have only 4 more paydays to go in order to get to 17% from the 13.8% that I am at now.
I can and will make that day and make that number, as this is what I have set my mind to in order to get out of this year, with a measure of pride.
As always: keep your head up, your attitude positive, and keep moving forward!