Monday 11 May 2020

The Homestead Fund (Interim) 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 (as in on Thursday the 7th) . . .

That is 36.2% (of my Savings Target).

And this is how things look like, after the dust settled on after my weekly running around . . . 

That’s right things jumped up to 36.3% of my savings target. 

That means I put away 0.1% more of my total Savings Target this payday.

So what happened in a day? I tried to do some banking, that’s what. Let me explain.

I went to the bank on Friday afternoon, because I wanted to wait until then to see if a package I was waiting for was going to arrive (it didn’t).

I had wanted to get some coins and some cash from the bank (yes actual cash money as in dollar bills) 

I had wanted to fund my wallets a bit better for once this whole “anti cash nonsense” is over and done with.

So, I went to the bank and got in line, outside, as is usual these days. 

I was waiting in line when someone from the bank went up to each of us and told us we needed to get into a digital line.

What is a digital line? Well, you scan a QR Code on a poster on the bank wall, enter your phone number and the system will text you when your number is called.

I found out then that not only did I have to do this nonsense but I was way further down the actual line than I had thought.

I decided that I didn’t really need the cash and coins that badly, so I just left.

By doing that, that left the cash in my bank account rather than being drawn out in the form of that cash and coins I had wanted.

That then pushed the amount in my Main Account over the $100.00 mark (as in $100.00 over the amount of my Personal Overdraft of $1000.00).

So, that $100.00 had to go into my savings and so it did. Thus ticking up my savings percentage that 0.1% this payday; every little bit helps.

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

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