So I'm part of a newsgroup called THE COMPACT. We support each other over there in our individual quests to be good stewards of our selves, our families and our planet. We avoid consumerism(don't buy new)as we try to live a life using as little of the earth's resources as we can.
One of our members has initiated a Savings Challenge for 2009. I have taken up that challenge gauntlet and am using this Blog to chronicle my efforts to Save a Big Ol' Wad of Ca$h in 2009.
My list-mates goal is an ambitious $100,000. My goal is a 'mere' $60,000. Yes, you read that correctly, 60 THOUSAND DOLLARS! That averages out to $5000.00 a month. And Yes, I AM out of my mind.
Since I am taking up this challenge on Jan. 20th(the day before my Birthday BTW), I am already nearly a month behind my monthly goal!EEK
I'll be tracking monthly expenditures for our family vs. family income and throwing any cash left at the end of the month into this Savings Account. Additionally, I'll be thinking up ways to bring in additional monies into the home.
I'm starting off with the cash I received for Christmas totaling $50.00 Hey, that's 1% of my monthly goal! Only $4,950 to go..... woohoo
I'm off to go search sofa cushions now....