save 20% of my salary every month

This month I decided to curb my spending on books – I blew almost a thousand rand last month on my little addiction… Shameful with the world facing a recession :/ I put away 16% of my salary. It would have been 26% had I not been good to myself and bought that ticket to Cape Town for September, but that’s okay. At least I didn’t have to touch my savings for the ticket, and my savings account is growing at a nice pace :) PLUS my little working holiday isn’t going to be that expensive seeing as I’m staying with friends all week long.

Feeling really good about this goal and my progress on it :D

This month I’ve only managed to save 11% of my salary – thus far… Getting my eyes tested took a big chunk out of my salary, so I guess I’m not doing too bad. (At least I didn’t have to dig into my savings to do it, and for that I’m grateful.) It had to be done, and I really can feel the difference – my eyes aren’t as strained during the day as they used to be.

Next month I need to buy my ticket for my visit to my colleagues in Cape Town, so there won’t be much saving then either, but I’m still going to try to put away as much as possible. Every little bit helps :)

I did it!! I saved 22% of my last 4 weeks’ income :D And not only that, I also paid off my credit card (R3 000 odd), so the savings could actually have been much higher!! But hey, now my credit card balance is on R0.00 again (a good place to be with interest rates at 15.5%) and I can send all extra cash into the savings account!

This feels really good and I feel very motivated to save more next month! :D

I’ve finally opened a savings/investment account with my bank, and managed to save approx. 10% of my salary last month, which isn’t bad considering we had about 5 public holidays that month, and seeing as I’m a freelancer I don’t get paid for public holidays…

I hope to make some significant savings in May seeing as I’m doing an extra project for work. I’ll try to put all of that money into the investment acc. – apparently it has a really good interest rate :)