Sabrina’s Money Madness

Almost any savings are going towards my 2013 goals. Except my 10% fund. Basically that’s not 10% of my regular pay because I just don’t have it to save right now. That 10% comes from any extra money that I get my hands on. That could include overtime, rebates, checking account bonuses, sweepstakes winnings, etc. […]

I just did a new savings budget that will take me through March of 2013. These are not my ultimate savings goals, they are just the goals that I’m working towards for the next year. Well actually about 10 months because I started in May, but you get the gist of what I’m saying.
In the […]

I saved over $3,000 over the past year between my housing account, my regular savings and my 10% fund. My goal for the rest of 2012 leading into 2013 is an additional $4,800. Those numbers seem unrealistic to me considering how tight my budget is. But it’s weird because once I have a goal and […]

My new goal is pretty ambitious to say the least. I want to make it by March 2013 so I have a lot of work to do. It breaks down like this:

$1,500 in short term certificates of deposit. I already have $500 so I need to save $1,000.
$3,000 in regular savings. This will help cover […]

I made the last deposit into the account last Saturday bringing my total in that account to $2,000 even. Whew, it seemed like I would never get there some days. It wasn’t as hard as I thought it would be though. The fact that we had overtime at my job made things a whole lot […]

During the month of April I added $100 to my account for a total of $1,950. I have moved my 10% fund to a totally different account and there is $500 in there. So my goal was $2,300 which I’ve technically met even though there is only $1,950 in the housing account. On either Friday […]

In relation to my savings goals. Considering I don’t quite have 1 months of expenses in savings and I want to have 2 full months by the end of the year. If my overtime continues it should be a no-brainer that I reach my goal. I can easily add money every month […]

I looked at my bank balance and it looked awful low and I couldn’t figure out why. Then I looked at a different bank and saw that the balance had barely moved. I was puzzled because I knew I had been saving but my balances weren’t reflecting that.
Then I realized that there was 2 things […]

 During the month of March I added $90 for a total of $1850. My goal is $2,300 by the end of May which means I have $450 to save. I didn’t add any money to my 10% fund so my housing total is $1,615 with $385 to go. I have some money that I have […]

Someone suggested that I go on a strict budget and cut out all necessities to reach my savings goals. I won’t do that for several reasons. The main one is that I already have a pretty tight budget. There is really not a lot of slack room in it so to speak. I do over-budget […]

I used to have a nice tidy savings account. I always plan to keep 3 months in there but at one point I had over 4 months in cash, which is a lot for me. Then I went back to school to finish the degree that I had started. Before I went back to school, […]

I know that you should have a large emergency fund. Most advisers call for up to six months of expenses. Since I’m single, have no dependents and could take any job necessary to bring in cash if need be, my short term goal is three months of expenses in savings. Right now I only have […]