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Thread: I know it's not much but..
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05-19-2008, 08:09 AM #1
I know it's not much but..
I know most of you have already been doing this for years and probably for larger amounts, but for the first time I have been able to set up an automatic transfer of 15.00 every week into savings.
With dh's new job we have figured out that we can finally afford to save.. I know its not much but for us its a start. If all goes well we want to double the amount in a few months.
For a while he hasn't even been making enough to make the ends meet so we just saved when he got a bonus or we saved if we got any cash gifts. But for the first time I feel comfortable enough to commit to a weekly transfer.
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05-19-2008, 08:11 AM #2
That is awsome!!!
Wife to Chip
Mother to 4 great kids
Debt Snowball:
Debt 1: PIF Chase Credit Card
Debt 2: PIF US Bank credit card
Debt 3: $14942 Truck Loan
Debt 4: $23915 Car Loan
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05-19-2008, 08:13 AM #3Moderator
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Congratulations!
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05-19-2008, 08:20 AM #4
Good for you AnnK!
Listen, that's pretty much how I started saving too. Now mind you, I don't know have a huge hunk of savings yet b/c I'm also trying to focus on snowballing some bills at the same time, but I heard this advice "preached " to me for a long time b/f I just finally decided to it!
For us, it took me getting a parttime job to create the extra, and it doesnt build up fast, but it does build eventually.
Keep your eyes on what you want to accomplish! If your hubby is with you on this, more the better. Mine wasn't, but I do it anyway for my own feeligs of security. :-)
Over the years saving just a little can add up to a nice little cushion to get you thru the bumps in the road if need be.
Good luck!!!Change Jar - 239.00 ~ March 18 , 2006
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05-19-2008, 08:20 AM #5
Yanno what!
That's $15 more than what I do!!
You won't even notice it's gone!
THINGS TO DO TODAY:
- Make an auto-transfer for $XX.XX per week
Gatta do that!
thanks for inspiring me!
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05-19-2008, 08:22 AM #6
Good for you!!! I have a $10 a month one set up, maybe need to increase that. Thanks for inspiration!
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05-19-2008, 08:56 AM #7Registered User
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Kudos to everyone who saves even a small amount. Look how small an ant is and what it can accomplish!!
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05-19-2008, 09:15 AM #8
Ann,
That is sooo awesome, I am so happy for you, I know what you mean about finally being able to save. Gosh I am so proud of you
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05-19-2008, 09:40 AM #9Registered User
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Woo hoo! Congrats on being able to set it up! We used to do this (before we had the kids) and it was such an easy way to make sure money got in the savings account!
I'm so glad you posted this, becuase we are at the point where we can start putting money into savings again, and I kind of had forgotten that the bank can do it for me automatically! I think I'll go set it up this week!
So thanks & congrats!
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05-19-2008, 09:41 AM #10
Every little bit counts! Congrats to you!
Donna F.
We're DEBT FREE
Pay It Foward
Nov. Eat Out Days - 0/30
Nov. Grocery Challenge - $70/$425
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05-19-2008, 10:21 AM #11
Great job.
I have an automatic $50.00 taken out of my paycheck and put into savings each payday. What I don't see I don't even miss.
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05-20-2008, 09:41 AM #12
Ann, that is wonderful. I can't wait to start saving instead of paying off debt. Way to go to you and dh for not just spending it.
~Non-Mortgage Debt: $2,440.95~
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05-20-2008, 11:02 AM #13
Congratulations!!! You have taken a very important step towards financial security!
"Life is what happens while you are busy making other plans." John Lennon
"Infinite goodness has wide arms." Dante
Change & Penny Challenges:
Penny
: $22.07
Change
: $97.70
$ bills
: $22.00
Grocery Challenge:
Grocery $400 per month: $0/$400 March
Running Total (updated monthly): $751.73
Savings Challenge:
$100.36/$3,000 to replenish BEF
2012 Coupon Savings Challenge:
: YTD: $308.41
2012 Fling Challenge: 691/2012
20 Wishes Challenge: 2/20
2012 Sell Stuff Challenge: /60
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05-20-2008, 11:24 AM #14
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05-20-2008, 02:14 PM #15
WTG!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Bethany
Mortgage: 220,000
GOALS:
~Make weekly deposits (no matter how small) to savings account in order to get into the habit of saving.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
As of 2-12-12........
CC 12,000
Paying down agressively!
No other debt!



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