Here is my plan:
$50K by December 31, 2019
$1666.66 mo x 30 mo = $50,000 - I can do this!:) says she, fiercely wishing it to be true.
So here we go:
June 2017
$ $1533 - still need $133 by the end of the month - wish me luck.
Whoa:) - Update:
June 2017
New balance: $ 4,588.92 - "only" $45,411.08 more to go:)
Mindgames:) I only counted the $1.5K that I was due on the 21st of June, this month.
I was so focused on the process in my head about how to reach 50K within 30 mo that I forgot to count what I already had saved as of May, because I originally thought I needed that money to cover June expenses, but then figured out ways to hang onto it all - by my fingernails.
So June is indeed an uber frugal month for me, but with these results I don't mind.
I am obsessed with reaching that 50K goal, the sooner the better:)
I plan to stay uber focused and hope that throwing a little extra at it each month will speed up the process along the way.
Outlook for July 2017:
As long as I make the $1,666 happen in July then I'm golden, because that is the last month with (larger than comfortable for me, if I also want to save) cc pmts.
I definitely need a side gig to make it through July unscathed.
(Reminder math games for myself: $45,411.08 new bal divided by 29 months to go = $1,565.90 mo - reduced mo sav would still get me to my goal of 50K by Dec 2018 as planned.) Right now I am almost two months ahead of schedule - I like that.
Thanks guys for hanging out with me as I try to make it all happen as planned - or sooner:)
Good luck with your goals!