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 35.4% (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 36.2% of my savings target.
That means I put away 0.8% of my total Savings Target this payday.
So, this was not going to be a great payday for savings because I had to (and did) pay for my trailer insurance.
I pay for my insurance (both for the truck and the trailer) in one lump sum when they are due.
I don’t do the monthly payments, as that is more expensive (there are financing charges built in when you go that route.
The value of my investments went sideways, as in they didn’t go up or down that much. Still, they went up a smidge and that is a good thing.
I am not concerned that the investments didn’t go up all that much, in fact I like that.
Considering that I am planning on continuing to invest in those investments, the stagnation in pricing is a good thing . . . for now.
A nice flat stock market for the next five years would do me fine. In January of 2025 it could rally like crazy and shoot for the moon, that would be fine with me.
No matter what happens, I will continue to plod on forward and make my investments each payday as I put away for my future.
As always: Keep your head up, your attitude positive and keep moving forward!