Women in Red Savers 2016

[seriousthistime]

WANT TO JOIN THE WOMEN IN RED SAVERS (WIRS)?
Hello and welcome to the Women in Red Savers (WIRS) group! We are a supportive community group that celebrates reaching the personal savings goals of the WIRS members, whether we are women or men, currently “in the red” or “in the black.” This thread will give you basic information what our group is about, so please read all of the information provided below and then start posting!

The purpose of the Savers group is to empower our members to take financial control of their lives by setting, tracking and achieving savings goals. If you're interested in a community of support, motivation, and inspiration, then this is the place for you.

As one part of the Women In Red, the Savers focus on encouraging members to save, no matter what your level of savings knowledge is. You may be starting on your first Emergency Fund or maxing out your retirement. It doesn’t matter to us, as long as you keep doing it. We feel that positive encouragement and motivation will help all of us to learn better savings habits, and accomplish those savings goals.

A key part of saving is learning to incorporate savings into your daily routine – many of our members are also member of the No Spend threads or the Women In Red Racers. Savings is an integral part of paying off debt and changing your lifestyle, so no matter where you are in the process, this is the right place for you to be!

The WIRS - Women in Red Savers group is a TINY little sub-group of the larger Women in Red community because we are seeking the common WIR goal: Taking Total Financial Control! The same support, encouragement, motivation…and yes, sometimes “tough love” provided by the WIR is applied towards savings goals as well! And because the support and encouragement from a group with similar goals also serves to provide a sense of accountability in meeting our individual goals, what better way to approach this than promoting our own Savers group!!

You may use a tag line as you desire BUT for me to be able to keep track and post updates please make sure and include the start & goal such as:

Username / Update date / Current amount saved you may follow that in parenthesis any manner you wish-Some suggestions are:

UserName 5/3/12 $8,500 ($0 1/1/12 / Goal=$16,000)

UserName 5/3/12 $8,500 (Start=$0 / Goal=$16,000)

There are some Savers that prefer to have massive multi-year goals that don't have an annual goal in mind so they could just do the basics like this, if they wanted to (not logging ★ progress).

UserName 5/3/12 $38,572 (Start=$24,369)

We are hoping everyone has a prosperous 2016. Please feel free to invite others to join us!!!

[seriousthistime]

HOW TO JOIN THE WOMEN IN RED SAVERS (and work to increase your Savings):

Read this entire page of info!!!!!
Sign in with the username you created.
Post a message in the RESPONSE BOX AT THE BOTTOM OF THE PAGE and a list of the savings categories and goals you want to track (more info about this below).

After you post your list of accounts, you are officially a member of the Women in Red Savers! The list of members is updated approximately twice a month, so if your name doesn't show up right away, please be patient! ALL the people working on this board are volunteers and they will get you added to the list as soon as possible.

UPDATING
So, now that you know a little about the group, here are the "rules" that we have adapted so that it's easy to keep track of everyone.

The list shows the date of each person's most recent update, her/his current savings balance, her/his starting date, her/his starting savings balance, page number is optional.

Like this: UserName: 5/1/12 $4,978 (1/1/12 $0, WIRS2)

The original starting amount and date is listed in parenthesis. The WIRS# is the page number the original post was listed on - it will be different for everyone. The current date and savings amount are listed next to your name. You choose which accounts you want to list and can add accounts later.

You can do the (parentheses) part how you want, goal amount, starting debt its ok to already have money "saved" See above post

To join, post your list of accounts, goals and any previous amounts saved. (Please do not list any debts here; you can get motivation that by joining the WIRRacers.)

We earn smileys to represent how much we've saved and roses in celebration of meeting annual goals! It may seem silly, but once you start getting smileys and roses, you will see how great they are!
The smiley list is as follows:
$50= $100= $500= $1,000= $5,000= $10,000= $25,000= $50,000= $75,000= and $100,000=
Roses: per goal reached, = 10 's [10 goals reached]
Stars: 1 for each 25% goal; at 100%

We do not give out negative smileys if your savings goes down instead of up. This is for two reasons: 1) this board is all about being positive and supportive of each other, and 2) the whole point of savings is to use the money when it¡¦s needed. You may save for a year to pay for an expense but once paid, that money is gone. However, saving that money ahead of time kept you from going into debt, panicking over the payment or stealing from other accounts. That is a major accomplishment! Because we are a community and we talk about these kinds of savings issues, we want you to give us the update about using your savings but it¡¦s your choice how to present your totals. (Some of us find it easier to just track our contributions here and keep track of expenditures on our own.)

We hope that your participation in the WIRSavers group brings you the same feelings of empowerment and success that each of us has found. So? What are you waiting for? Join us!

Savers who have not posted anything - progress - comment - in 3 months will be removed from the list but will be on the master list.

[seriousthistime]

Copying this from the 2014/15 threads:


Round-up of savings ideas:

Lately, we have been kicking around some ideas for ways to save. Some people are very methodical, and others need tricks and motivation. Some of us like both.

See replies #339, #348, #353, #358, and $360 in the Savers 2014 thread.

First, there is the weekly savings challenge. The idea is that for the first week of the year, you save $1, second week you save $2, then the third week you save $3, and so on up to $52 on the last week of the year. You end up with $1,378. This is a great way to build up an EF.

Variations:
Reverse weekly challenge: Start with $52 on the first week, $51 on the second week, $50 on the third week, and so on. You end up with the same $1,378, but it builds more quickly.

Bump-up weekly challenge: Instead of starting with $1 on the first week, start with a few dollars more than that, and increase by $1 each week. So maybe start with $5 the first week, $6 the second week, $7 the third week, and so on.

Maximum-tackle weekly challenge: Make a list of weeks from 1 to 52. Each week, select an amount from $1 to $52 that you can manage that week. If it's $1, cross that off the list, and put it in savings. If it's $52, cross that off and put it in savings. Once it's crossed off, it's done and you have to select from the other amounts in future weeks. This gives you more flexibility during the more challenging weeks of the year.

Plateau weekly challenge: Start with the straight weekly challenge ($1, $2, $3...) and if it becomes too much to put in an ever-increasing amount, STOP increasing but continue to put in the last amount you were able to make. So if you had to stop at week 20, with $20, continue to put in $20 for the rest of the year.

There are a few non-weekly challenges we've been discussing.

Random cash challenge: If you find cash in pockets, floating around in your purse, in your laundry room, and basically any place other than your wallet, it goes into a pot to be added to your savings.

Specific denomination challenge: Choose a denomination that you want to save. It could be $10, $5, $1, quarters, dimes, all coins, etc. You get the idea. At the end of each day, if you have any of that denomination in your purse, wallet, backpack, or wherever you keep your money, it goes into a pot to be added to your savings.

[seriousthistime]

And here's another helpful post from the 2014 thread, courtesy of bankergurl (hoping she doesn't mind my reposting it here ...) [Note: she didn't mind last year, so let's hope she doesn't mind this year either...!]


Hi Ladies! Hope everyone on the savings board is doing well!

I was with the WIRS waaaaay back in 2005 and off and on since then. I put small amounts in savings very frequently and ended up feeling like I was either "over-updating" or not tracking accurately on here, which prompted me to start my own savings blog in 2009. If you would like to read my blog, the link is on the bottom of my post. If there one thing I am good at in life....it is saving money. I don't make much (about $35K a year), but I can pinch a penny (or coupon...or rebate) as hard as anyone I know! I (sadly) got divorced this year. After the divorce my savings was down to $17K. That was just about 4 months ago...since then I went up to $27K! And that is on one income! I have had some major bills since then (car repairs, insurance bills etc.) and am now at $24K, but still pretty darn good if you ask me, for a single 30 y/o with no debt other then mortgage. Some people take the word "cheap" as as insult, but you can call me cheap all day long and I will accept it proudly!

I am a HUGE believer in nickel and diming your savings. You do no need a $100 to save money, you don't need $10, you don't even need $1. All you need is 1 red cent to start. Through it in a jar. You started!

Here are my personal favorite ways to save:

Save all of your change, once a month take it to the bank and deposit it into savings. Do not use a Coin Star or anything else that charges you to turn in your change, nearly
all banks have a coin machine and will process it for free if you have an account there.

When you get your monthly or quarterly interest in your savings accounts, add a deposit to get that amount to at least the next $5 amount, or even try for the next even $100 amount if it's not too far away. So if after your interest goes in your new balance is $379.18, deposit another $20.82 to get to that $400 mark. It might not seem like much, but I am sure I have saved at least another $1000 by doing this every month.

When you make a savings deposit, do the same thing as with the interest, round it up to the next $5, or even $100 mark (depending on what the amount is). So if I got a rebate for $12.00, I deposit $15 or $20 into saving.

Put all rebates, bonuses, tax returns, gift money (unless for a specific gift), found money (on the ground, in your car, in the washer, etc.), rummage sale or online selling, recycling money, and any and all other "extra/surprise/not standard" funds into savings. You survived without them before, you don't need them now!

This is an oldie, but a goodie. Set up an automatic savings plan. It doesn't have to be a lot. If you can only start with $5, then start with $5. Then next month try to move it to $10, whatever amount you start with, just try to keep moving it up, no matter how slowly or gradually. Try to set it up for every paycheck, that way you know the money will be in your account on payday, and it will already be transferred and gone before you even have a chance to miss it!

There will (of course) when you have to take money out of savings. Sometimes this will be for a planned purchase. Sometimes this will be for an emergency or an unexpected expense. That is ok! That is what your savings is for! Do not get discouraged. If you have to take $100 out of savings today for a car repair, but tomorrow you find $5 in an old Christmas card...you still put that $5 in savings. The old notion of "slow and steady wins the race" is completely true of savings. Just keep making those deposits no matter how big or small and they WILL add up!

[Ombud]

Ombud: $00 (Start: 0, Goal 13k)
♡ 2015 Roth 4500
♡ 2016 Roth 6500
◇ Scotland 2000

[bankergurl]

Thanks for setting this up Serious!

Brief introduction - Early 30's, recently remarried, and recently went from owning one home to owning 3.  My new husband and I each had our own homes, and then when we got married we bought a new home together and we now rent out the other 2 homes.  So savings is going to be very important to us to rely on for repairs, upgrades, and in case we ever have months where we don't have a renter.  Right now we are lucky to have 2 very good renters.

The new house we bought together to live in is huge (4800+ sq ft) and we actually have 2 young men living in our basement that pay us rent as well.  This is only temporary, but the extra money definitely helps while we are getting used to the landlord situation and trying to payoff some debt that MO (My One) brought to the marriage.  Our main goal right now is to payoff a loan from my Mom (currently about $13,700) that she generously offered us so that we could consolidate MO's debt.  We will be paying that off this year and then will have a HELOC and the 3 mortgages to work on.

Here is what we are saving for this  year:

-Trip to Laughlin $4500

-Caribbean Cruise $3000

-Payoff Mom $13,700

We have a lot of bills that are in limbo right now (Property taxes on 2 of the houses, new AC bill for Rental #2, new garage door for Rental #2, etc.) so once those bills come in, savings will definitely be taking a HUGE hit.  So until they do we just need to keep chucking away everything we can.  I am hoping they won't ALL be due at the same time so we can kind of space out the hits.

Here is where we are currently at:

Account Name	Balance
Local Savings	$2630.00
GC Savings	$240.00
Cap 360 - Us	$3100.00
Cap 360 - Mom Payoff Savings	$4050.00
Cap 360 - Rental Deposit	$1250.00
52 Week Challenge 2015 (Week 46)	$1081
52 Week Challenge 2016 (Week 0)	$0
Totals	$12,351.00

We are a few weeks behind in the 2015 Challenge, but should be caught up in the next few months.  We will still start the 2016 Challenge right away.

I won't be tracking my retirement savings on here as it is all on auto-pilot and I don't have any goals for it right now, other then to continue contributing my 6% per paycheck to my 401K, but here are my totals as of today:

Rollover 401K $800

401K $43,735.04

IRA $10,180.19

Total Retirement = $54,715.23

I also have an HSA with $9,798.38 in it.  I am not currently contributing to that fund, however I do get contributions from my employer as well as incentives when I complete wellness activities.

Since we know we are going to have to take a lot out of savings this year, I am just going to track contributions and not necessarily totals.  I will try to update whenever I have a deposit to savings, and maybe update with the account totals once a month.

Banker Gurl : 1/1/16 $0 (1/1/16 $0, WIRS1) Goal - Contribute $12,000

[forwardwego]

UPDATE 1/1/2016 $1664 (goal $18000)

FUND 2016	Present	Goal	% Met	$$ Needed
SL payoff	30	5000	1	4970
DD wedding	20	5000	1	4980
Homestead EF	1000	2000	50	1000
Vehicle XF	500	1500	33	1000
Medical XF	10	1500	1	1490
Travel	10	1000	1	990
Rusty J Boxer	80	600	13	520
Weekly Challenge*	14	1400	1	1386
Totals	1664	18000	9	16336

 


*53 week challenge summary

(I update on Fridays, and there
are 53 Fridays in 2016)

 
1   2   3  4   5   6  7   8  9  10

11 12 13 14 15 16 17 18 19 20

21 22 23 24 25 26 27 28 29 30

31 32 33 34 35 36 37 38 39 40

41 42 43 44 45 46 47 48 49 50

51 52 22

[seriousthistime]

2016 Saving goals -- for real

	Goal	1/1/2016	1/3/2016	% Saved	Roses
Travel	$1,500	$0	$0	0%
Moving fund	$1,500	$0	$0	0%
Pet care	$3,120	$0	$0	0%
Weekly savings	$2,028	$0	$0	0%
Total	$8,148	$0	$0	0%

Seriousthistime, $0, 1/3/2016 (Goal $8,148)


I put in an application for a new job.  It may come through anytime on this timeline:

<Soon ..............Soon-ish................Not very soon...................Later-ish................Later................Never>

But, whether or not the job comes through, I will be moving within the next few years so I need to start saving up for that. 

I have never had a travel fund.  But I do travel.  I want to take a trip to visit DD and DS2 (one trip each) and also visit a friend who moved away a few years ago. 

My pup is a large dog, just turned 13.  As I've mentioned before, she requires very expensive maintenance drugs to stay alive.  She is somewhat of a miracle around the vet's.  They can't believe she's doing so well.  She still has a good bounce in her step, but sometimes has a hard time getting up (hips are getting creaky).  The amount I set aside for her care is about what is needed for those expensive meds, her annual checkup, and a petsitter here and there.  I have to acknowledge that at this age and shape she may not make it through another year, so if that happens I will change the name of the pet care savings account to something else.  

With weekly savings, I found it easier in 2015 to save the same amount of money each paycheck (every two weeks).  It was basically the amounts for the first week and last week of the year ($1 + $52), which works out to be the same each paycheck because it progresses equally ($2 + $51), ($3 + $50), and so on.  I want to try to stretch that amount a bit, so I'm adding $25 per paycheck to that.  So it will be $53 + $25, or $78 per paycheck.

I save for a number of other things (insurance, property taxes, and so forth).  I don't think I am going to list those all out. They are on autopilot and would be tedious to update each time. 

[megaptera]

UPDATE

megaptera: 1/1/2016 $0.00 [1/1/2016 $0.00 / Goal: $19,500.00]

Savings	Current	Goal	%
Land	$0.00	$12,000	0
Car	$0.00	$3,000	0
House Stuff	$0.00	$3,000	0
Christmas	$0.00	$1,500	0
Total	$0.00	$19,500	0

I'm going to make it a little more interesting this year by tracking more than one item. This is probably too ambitious, so these may spill over into 2017. 

Other goals not being tracked here:

Max DH's 401K and my Roth.

Start and fund a pet EF.

Have a great year, everyone!

[chiver78]

jumping in here as well. I am very aggressively paying down debt at the moment, and so my savings goals are pretty small at this point. I am doing the weekly savings challenge, and just threw my first $1 in the jar today (I will pay in on Saturdays). I did this successfully a few years back, and figure it's a pretty straightforward way to ease back into things.

chiver78 1/2/16  $1 (start=$0 / goal = $1378)

[PauletteG]

We can edit our own posts regardless of what time has passed, correct?
If yes, I'm claiming this as my place holder.

[ ] phone - $250
[ ] replacement shed - $1090
[ ] queen mattress - $1690
[ ] wood floor refinishing - I don't know how much this costs! 700 sq ft wood
[ ] paint removal from downstairs floor - dunno how much this costs
[ ] replacement bed for teen - $700
[ ] repair or replacement for refrigerator, kitchen range-oven - $2000
[ ] newer furniture: house still looks like college kids with internet gaming disorders live inside - $1800
[ ] funding IRA, education account, his IRA - $2000


 

[Ombud]

Might get a little hard if forwardwego has already posted monthly updates

[bankergurl]

I went shopping this weekend with my Mom and used a few giftcards. $20 at Bed, Bath & Beyond on some baskets to organize my bathroom cupboard, $20 at Walmart for some tank-tops (only $1.68 each!) and a 2016 planner, $20 at Target for a gift for my in-laws, and $20 at the movies with my SILs. I transferred $80 to savings for using those giftcards. I also got rent from one of the guys living in our basement and interest on our savings account.



Almost caught up on the 2015 Weekly Challenge, just 1 week left to go!



Current Deposits
+$400.00 Renter Money
+$80.00 Spent Giftcard Savings
+$25.00 My Payday to Mom Payback Savings
+$25.00 My Payday to Our Savings
+$.07 GC Interest
+$4.93 Even Out
+$4.46 Cap 360 Interest
+$5.54 Even Out Amount
+$245.00 Weekly Challenge Catchup (2015)
+$1.00 Weekly Challenge (2016)
Balance = $791.00

Banker Gurl : 1/2/16 $791.00 (1/1/16 $0, WIRS1) Goal - Contribute $12,000

[sealy]

*52 week challenge summary


01 02 03 04 05 06 07 08 09 10
11 12 13 14 15 16 17 18 19 20
21 22 23 24 25 26 27 28 29 30
31 32 33 34 35 36 37 38 39 40
41 42 43 44 45 46 47 48 49 50
51 52

total 

[Saving4Norway]

Fund	2016 Goals	Last Month	This Month	% Met	Roses
Iceland Trip	2000	0	0	0%
Vehicles	1000	0	0	0%
Gifts&Donations	1500	0	0	0%
MC Trips	2750	0	500	18%
Santiago 2019	2000	0	0	0%
Home Improvement	4000	0	500	13%
Cultural	500	0	0	0%
Vacay Prop	1000	0	250	25%
Sisu	500	0	250	50%
Christmas	250	0	0	0%
Quilting	500	0	0	0%
Seabrook	500	0	0	0%
TOTAL	16500	0	1500	9%

Saving4Norway 1/2/16 $1,500 (Goal $16,500) Woohoo! 2016, here we come!

[gracendignity]

Hi, all. I'm Grace. I introduced myself on the introduce-yourself thread a few days ago. I'd like to join in on this thread if I may. At this point my finances are in flux.  As I am in mid-divorce, I don't know how much money I will be receiving or just when it will come in. My birthday is in April and I'm hoping it is all settled by then, but it's been 10 months already, so I'm not holding my breath.  After overthinking this thing way too much I've decided just to jump in where I am right this minute.  I think I'll be able to add/subtract/adjust items and goals as the year goes on.

So.....saving goals as of January 3, 2016:

ACCOUNT NAME:    AMOUNT:             GOAL:     %MET:

Emergency Fund:    $100/month           $1200            0               

Travel Fund:           50/month                  600            0

Gift Fund:             100/month                1200            0

That looks awfully skimpy, doesn't it?    I can't lay claim to joint funds just yet so I can't really make columns for that.  Once the divorce is all settled and I know how much money I'll be working with I will be setting up an appointment with a financial planner.  I know it will be a pitifully low amount, but I can't change that.  I can, however, be very smart about that amount and build on it as much as I can before those looming retirement years are upon me!

If I have not listed things in the correct form, let me know and I'll change it up.  This is going to be an interesting, exciting year for me!  I can't wait to see how things are listed at the beginning of 2017!

[TheHaitian]

Sorry changing it up after doing some thinking; going to keep it simple...

Misc. Home maintenance : $1,000 ->$20/week
Car Replacement Fund : $2,500 -> $50/week
Emergency Fund : $2,500 -> $50/week

Total Savings Goal for the year: $6,000

[gracendignity]

Saving4Norway, I see you have Quilting listed in your saving goals.  Are you a quilter?  I am!  It is a huge part of my life and most of my friend-base is made up of fellow quilters.  Also, as I like to say, it keeps me off the street corners and out of the bars! 

[tobinikui]

Happy 2016!!

Tobinikui ER Fund: $4,134.17 (2016 Start $4,134.17, Goal $5,000) Current: 82.7%

I decided to change up my goal for 2016 a little bit; instead of tracking the full goal (that we're several years away from reaching), I'm going to track my progress against an amount that is a bit of a stretch, but is most likely possible to meet THIS year. The one main thing that we are saving for, is a fully funded Emergency Fund of $25,000. That, plus my husband's pension, would be close to a full year's worth of "life as we know it", without changing too much in our day to day lives. Unfortunately, we are at least a year or two away from that number (maybe even three).  We also have a consumer loan at 0% interest that is currently at $3,979.20, which I REALLY want to pay off in full, and just be DONE with... however, baby #2 is due in late April, and my pay is currently 30% less than usual, so I can bank the difference to build up time for maternity leave.  So, my goals are two-fold for 2016.

2016 Goals:

1) Pay off the remaining consumer loan by 10/31/2016 (I will feel better about draining our ER fund when I know my pay is back to 100%, and we'll be able to quickly bulk back up our savings).

2) Build up the emergency fund so that by 12/31/2016, when the consumer loan is paid in full, we still have $5,000.00 in our emergency fund.

Bonus Goals:

3) Continue paying into my deferred comp (state retirement system) at 10% pre-tax (I won't be tracking this here, I just want it noted for the sake of keeping myself accountable) 

4) Continue paying extra principal towards our mortgage every month (rounded up to the next $100), with the end (stretch) goal of paying off our mortgage within 6 years!

If we can do those four things, and manage to stay sane, happy, healthy, fed, and clothed, I'll consider 2016 a raging success!!

I look forward to cheering everyone on this year, and focusing on making smart money decisions for myself, and my family.  A personal challenge of mine for this year is to find a way to continue my enthusiasm for savings with the same (or even more!) energy than I have when I'm focused on paying down debt. I am thankful to have friends along on this journey with me!

Here's to a great 2016!!

[seriousthistime]

Jan 2, 2016 16:41:15 GMT -5 PauletteG said:

We can edit our own posts regardless of what time has passed, correct?
If yes, I'm claiming this as my place holder.

[ ] phone - $250
[ ] replacement shed - $1090
[ ] queen mattress - $1690
[ ] wood floor refinishing - I don't know how much this costs! 700 sq ft wood
[ ] paint removal from downstairs floor - dunno how much this costs
[ ] replacement bed for teen - $700
[ ] repair or replacement for refrigerator, kitchen range-oven - $2000
[ ] newer furniture: house still looks like college kids with internet gaming disorders live inside - $1800
[ ] funding IRA, education account, his IRA - $2000


 

PauletteG, you can always quote your message and it will go into a "create post" box.  At the bottom, click on the BBCode button, and it will switch over to a code-based reply.  Delete the code at the very beginning and the very end.  (You will know what that code is because it is everything before your first text in the quoted post (i.e., "We can edit..." and everything after your "...his IRA - $2,000") above.  Then click back on the Visual button next to BBCode.  Your original post will appear without any reference to it being quoted.  Then edit as you need to, click "Create Post" and the new (updated) post will appear as if you had created the new one from scratch.

Hope this helps.

[seriousthistime]

[Duplicate message re; movinonup's 2016 goals; see below.]

[PauletteG]

Jan 3, 2016 13:22:10 GMT -5 seriousthistime said:

Jan 2, 2016 16:41:15 GMT -5 PauletteG said:

We can edit our own posts regardless of what time has passed, correct?
If yes, I'm claiming this as my place holder.

[ ] phone - $250
[ ] replacement shed - $1090
[ ] queen mattress - $1690
[ ] wood floor refinishing - I don't know how much this costs! 700 sq ft wood
[ ] paint removal from downstairs floor - dunno how much this costs
[ ] replacement bed for teen - $700
[ ] repair or replacement for refrigerator, kitchen range-oven - $2000
[ ] newer furniture: house still looks like college kids with internet gaming disorders live inside - $1800
[ ] funding IRA, education account, his IRA - $2000


 

PauletteG, you can always quote your message and it will go into a "create post" box.  At the bottom, click on the BBCode button, and it will switch over to a code-based reply.  Delete the code at the very beginning and the very end.  (You will know what that code is because it is everything before your first text in the quoted post (i.e., "We can edit..." and everything after your "...his IRA - $2,000") above.  Then click back on the Visual button next to BBCode.  Your original post will appear without any reference to it being quoted.  Then edit as you need to, click "Create Post" and the new (updated) post will appear as if you had created the new one from scratch.

Hope this helps.

This does help as this trick is new to me. I hate to think how much time I spent fiddling over table formatting in this BBCode format. Thank you seriousthistime

[TheHaitian]

Ok had to change up my goals...

My car is a 2008 with 190,000 miles on it and will need to be replaced sooner than later. So saving towards that, hopefully will hold on till Sept 2018 when we are done paying my wife car note and we can only have 1 car note at a time!

Need to start building the EF fund even if in debt pay down mode, you never know.

The usual logic is you spend 1% of home value on maintenance a year, I vogues since our home is only 2 years old, 0.30% is a good start. All the spending we have done so far has mostly been cosmetic and such.

[PauletteG]

We can edit our own posts regardless of what time has passed. I have learned something today!
Thanks seriousthistime

PauletteG $210 ($210 1/3/16 / Goal=$11,160)

Goal	Estimated Amount	Start Balance	Current Balance
Replacement Phone	$270	$30	$30
Replacement Shed	$1280	$30	$30
Queen Mattress	$1690	$30	$30
Living Room Furniture	$450	$30	$30
Bed Upgrade for Teen-Tot	$800	$30	$30
Wood Floor Refinishing	$770	$30	$30
IRAs, Stock Accts	$2000	$0	$0
Kitchen Appliances	$2000	$30	$30
Travel	$1900	$0	$0
Totals	$11160	$210	$210

[movinonup]

I forgot that the 2015 thread was going to be archived.  I posted this in the 2015 thread the other day.  

movinonup 01/01/2016 $102.12 (Goal $24,829.61)

Starting the year off right. I am going to follow my method of knocking off the largest of the challenge deposits that I can. So this deposit is counting as $52 and $50 for the weekly challenge and $0.12 for the daily challenge.

	Saved	Goal	% Saved	Periods Completed
Monthly Challenge	$0.00	$780.00	0.000%	0/12
Weekly Challenge	$102.00	$1,378.00	7.402%	2/52
Daily Challenge	$0.12	$671.61	0.018%	1/366
Skiing	$0.00	$2,000.00	0.000%
House Addition	$0.00	$20,000.00	0.000%
Total	$102.12	$24,829.61	0.411%

I almost forgot that it's a Leap Year. I had to add $3.66 to my Daily Challenge Goal.

-movinonup

[movinonup]

Jan 3, 2016 13:44:59 GMT -5 seriousthistime said:

Movingonup, I moved your 2016 goals from the 2015 thread.  Here is your post.

movinonup 01/01/2016 $102.12 (Goal $4045.95)

Starting the year off right. I am going to follow my method of knocking off the largest of the challenge deposits that I can. So this deposit is counting as $52 and $50 for the weekly challenge and $0.12 for the daily challenge.


Saved Goal % Saved Periods Completed
Monthly Challenge $0.00 $780.00 0.000% 0/12
Weekly Challenge $102 $1,378.00 7.402% 2/52
Daily Challenge $0.12 $671.61 0.018% 1/366
Skiing
$2,000.00

House Addition
$20,000.00

Total
$24,825.95


I almost forgot that it's a Leap Year. I had to add $3.66 to my Daily Challenge Goal.

-movinonup

Thanks seriousthistime I probably should have read the thread before I re-posted it below.

-movinonup

[TheHaitian]

Ok, I am officially IN!

Account	Goal	Balance	Difference	% Saved
Car Fund	2,500.00	299.36	2,200.64	12%
Savings	2,500.00	55.00	2,455.00	2%
Home Maintenance	1,000.00	180.00	180.00	18%
TOTAL	6,000.00	534.36	534.36	9%

[sealy]

Jan 3, 2016 10:35:46 GMT -5 gracendignity said:

Saving4Norway, I see you have Quilting listed in your saving goals.  Are you a quilter?  I am!  It is a huge part of my life and most of my friend-base is made up of fellow quilters.  Also, as I like to say, it keeps me off the street corners and out of the bars! 

I'm a quilter too.

[snapdragon]

Here we go - Revised 2016 Goals 

Car/House   $ 500.70 / $1500

Savings       $ 1256.04 / $4000  

Travel         $ 3083.12 / $4500     

New Totals   $ 4839.86 / $10,000      

This does not have everything but I figure it will take me a few years to achieve these. Though the travel fund will be used this year...I'm going somewhere I'm just not sure where that is going to be yet.        

[gracendignity]

Jan 4, 2016 0:35:22 GMT -5 sealy said:

Jan 3, 2016 10:35:46 GMT -5 gracendignity said:

Saving4Norway, I see you have Quilting listed in your saving goals.  Are you a quilter?  I am!  It is a huge part of my life and most of my friend-base is made up of fellow quilters.  Also, as I like to say, it keeps me off the street corners and out of the bars! 

I'm a quilter too.

Oh, goodie, another quilter! If you are like many quilters, you could probably save a little more if you quilted a little less. (I include myself in that sentence!) For the past several years I've tried to restrict myself to $500/year in quilting goodies. Most of the time I make it. Emphasis on 'most.'    I also have close access to a fabric store that sells first quality, current 100% cottons for $5.00 yd.  Batiks are $6.00 but I don't use them much.  $5 yd helps keep that $500/yr goal more attainable.