Spring time is around the corner! At least, I am hoping so since we’re getting hit with another snowstorm and temperatures below freezing this upcoming week. Whatever the weather, it’s a great time to get Spring fever, and be motivated by the thoughts of new beginnings, renewal, and a fresh start.
That being said, if you haven’t started a savings plan for this year, it is not too late to start! We introduced our savings plan schedule at the beginning of the year, and getting caught up with the schedule is only a $45 deposit. What better way could there be to dull the bite out of Christmas shopping expenses than having over $1000 saved up?
If you have already started, maybe you are discouraged by the larger deposits toward the end of the year. Some of our readers mentioned they are doing the schedule inversely because they foresee their funds being lessened toward the end of the year.
Also, Khaleef and I decided that we’re going to hop around a little and check off what we’ve accomplished. Our thinking is that we will have more funds available at different times (especially if we do well with our monthly budget), and so saving more when possible will allow us also to avoid the more weighty amounts in December.
The point is, this is your plan, we are just providing a frame work. Do what works best for you, but don’t be inactive because it looks daunting or if you’re a late starter. Do alter the schedule, do play catch up, but DO SOMETHING so we can all breathe a bit easier at the end of the year!
Now on to the great posts of the week!
Michelle from The Shop My Closet Project how she chose to use her tax return. That balance between paying down debt and putting money into savings can be pretty tricky. Michelle does a great job of explaining her choice.
Chuck from The Tortoise Banker gives tips on how to retire early . This is a great reminder that your monetary retirement goal should be more than one set figure in your mind.
Money Cone shares some tools that we should all have in our homes . Thankfully we have most of these since Khaleef is a tool junkie!
Ashley from Money Talks Coaching is starting her son early in the world of investing! This is so awesome. With his current saving habits, I see bright things in his future.
Crystal from Budgeting in the Fun Stuff had an interesting experience pet sitting two boxers. Find out the list of what she’s learned for the next time she takes on this venture.
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