Wednesday 22 July 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 40.7% (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 42.7% of my savings target. 

That means I put away 2% of my total Savings Target this payday!

This payday it jumped up nicely as a result of two factors, one was that I could actually resume putting cash into savings, and the other was growth in my investments.

I am still working to refund my Mid-Term Savings back to its fully-funded level. I should be able to do that next payday (sorta).

The growth in my investments was a result that the value of both types of my investments both investment vehicles went up in value. 

This does not happen all that often, though it was welcome to see. Usually they play off of one another: one goes up while the other goes down.

It is just nice to get that dastardly payday of my truck insurance behind me and resume putting cash into savings.

Each dollar into my savings as well as each dollar of growth is another step closer to freedom and starting that Homestead and Town!

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

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