Ground Zero to $100K
From January 23rd.
I’m looking at the numbers… Here’s where I’m starting.: I’ve got $1360 in savings. Not much. A paltry sum, some might say. But I’m looking at this with a glass half full perspective. Or, in this case, glass 1.3% full. I’m going to focus on the positive, the what I have done and the what I can do, instead of the can’ts.
Today I set up automatic transfer from checking to savings of $250 per paycheck. I get paid every 2 weeks, so that will add up to $6500 over the course of the year, an additional 6.5%.
I also noticed that I had $25/month going to savings already, so that’s another $300, along with “keep the change” which rounds up any ATM charge to the nearest dollar. Apparently I use my card more than I realize, since I seem to average around $50 in keep the change round ups. If I continue the trend, that’s an additional $600 for the year.
All told, I’m currently on track for $8760. OK, sure, that’s a long way from $100K, but I’m focusing on the positive, and $8760 is 8.76% of the way there. As they say, a journey of 1,000 miles begins with the first steps.Written by Missy Lee