Ok folks here's my results for my savings challenge for april:
debt reduction 600
cash on hand 450
savings acct 1745
coin on hand 52
total for april 2847
add that to my total from the 1st quarter:
april total 2847
1st total 3097
grand total 5944
my goal is to save 20,000 this year (well pay off 20,000 in debt plus build savings--in short to become 20,000 richer by the end of the year).
5,944/20,000= 29.72%
this is gunna be a tough one to live up to as my base salary is onlyd 25,000 making my "live on" amount a measly 5,000 for the whole year. Oy.
How is your savings challenge going?
Joe
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I'm at about $4900 out of my $10K challenge. I agree, it's about being that much better off in a year's time, not necessarily having a pile of cash to show off. Less debt, lower interest rates, found items, more simplicity. What's not to like? xx
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