Author Topic: SAVING FOR 2021  (Read 1166 times)

Gardo

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SAVING FOR 2021
« on: January 02, 2021, 09:34:15 PM »
This is for targeting a savings BALANCE amount by year-end 2021.

* The savings can be from any account but hopefully something that is not set-aside for dedicated use like house payment, COLA, or college expense fund.  In short, the goal is to grow the balance year  in and year out.

* Anyone can join.

*  This is different from the "Race" threads in that there is a target goal to hit by year-end that you set yourself.  This is a different flavor than the race to a given target goal by someone else like "Race to $500K"

*  No need to update more than 1x a month.  As long as it is within the month, that is good enough as representative for that month.

* If negative add, then just put a "-" sign before the $ sign.

* My goal is to create a similar thread each year.  On the next year's thread, we will simply use the actual ending balance as beginning balance.

*  Format is simple.  Feel free to copy paste the below and change the figures and just continue downward.  Here is mine.

Date             Beginning Balance         Added                Ending Balance              Year-End Target
202101             $    267,000          $ 10,000                 $    277,000                    $    325,000

Gardo

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Re: SAVING FOR 2021
« Reply #1 on: February 19, 2021, 07:11:59 AM »
Date             Beginning Balance         Added                Ending Balance              Year-End Target
202101             $    267,000          $ 10,000                 $    277,000                    $    325,000
202102             $    277,000          $ 10,000                 $    287,000                    $    325,000