Wednesday, 7 October 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 46.0% (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 47.0% of my savings target. 

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

This is a huge deal as it was in doubt if I would be able to even put away what part of percentage I actually contributed to my investments.

You see my investments have been up and down, mostly down over the course since my last payday. 

The old story of one investment dropping and the other going up, more than enough to cover the losses of the other investment and bump me up to the next percentage point.

I will take the win, and as demonstrated by last payday’s moving to stand still, I can and will again, move backwards with regards to my savings percentage.

As once the cash is invested in the markets, it is all up to fate, chance and who knows what as to what will happen to my investments.

All I can do is save what I can when I can, how I can and hope for the best.

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

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