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
