Have a total of $25,622, not including $3,200 in Kiwisaver. Over halfway there.
tinathescreamer has written 15 entries about this goal
I have now saved up a total of $10,040 in Bonus Bonds. i set up an automatic payment of $100 a month from my check account
that is 10% of the way there. On with the big bucks!
Except I’ll probably wind up spending the $5000 on my trip to Britain.
My home needs repairs so I am spending my savings. Maybe I would be better off getting a Home Equity loan and leaving the Bonds untouched. I’d rather have $5000 in the bank and owe $5000 than have nothing to fall back on.
I also have to have extensive dental work done.
I think I will write a little note and put it in my wallet. “Every $ you spend hinders you reaching your goal.”
I got my annual statement, and my retirement money has grown to $18,060. I’m not sure whether I should count this. A nice goal to aim at would be $50,000 in retirment savings, and $50,000 in other investments.
I added all the money I have except for in retirement savings, and I have $4,674. At the standard sickness benefit of $173.29 per week, that’s enough to keep me going for 6 months if I lost my income. Of course some of it is slated for spending on home repairs, holidays etc, but in an emergency those would be put off.
tinathescreamer has gotten 11 cheers on this goal.
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