Wednesday 8 January 2020

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 15.8% (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 16.4% of my savings target.

That means I put away 0.6% of my total Savings Target this payday.

Okay, so here goes, it is a new year and I am focussed on building my savings.

Since yesterday was payday that means that I processed my paycheque. This payday’s contribution could have been larger, but with the buying of the books put a dent in that.

What I mean is that some of the charges for the books didn’t hit the card until after the 22nd of December.

Since I can’t pay a bill someone doesn’t give me, those charges carried over to the payday of January 7th.

I am excited to build my possibilities by building my savings. Each dollar I put into the bank increases the possibility of what I can do in the future.

I know that a really cold snap is coming, but I also know that it will pass and that I know what to do, how to handle this cold snap. I am not worried.

This part of my life, the savings building part, will pass, and I will begin the Homesteading Phase soon enough (four or five years, but that time will come).

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

No comments:

Post a Comment