Thursday 7 November 2019

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 13.3% (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 14.3% of my savings target. 

That means I put away 1% of my total Savings Target this payday.

This is a big occasion and a task that is not likely to be repeated soon, or often rather, as it is more than I can typically put away.

Yet, I am able to do this by a combination of extra stringent budgets (on the expense side) and extra income on the income side (due to taking pay of my holiday pay at work).

This is all part of my great push to make my savings target before the end of the year. I want to get back to my high water mark of my savings before this year is out.

So, I will continue to work my plan, because my plan is working. 

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

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