The results of my January no spend challenge? Apparently I like spending money.
No, but seriously. I always have this idea in my head that I don’t spend a lot of money, but whenever I write it down, I am surprised by the results. Even so – I know I shouldn’t beat myself up. I was aiming for 15 days without spending in January, but only hit 12. Nonessential spending (anything outside of bills, planned for expenses or groceries) totaled $585.62, which included a large gift for $245 (totally worth giving and earned), so I still think I didn’t do too bad. Progress is progress.
I decided to total up how much I saved, though, and I want to celebrate my wins where I can. Drumroll, please…
I did have to adjust some of my automated savings/goals, because right now my focus is beefing up my EF and continuing to save for a house. These goals (while attacking other short-term goals as well) are the most important in priority, so I redirected some funds there for the most impact. As a result, I may or may not end up maxing out my Roth IRA this year – TBD. Since I am maxing out my 401k and my HSA, I decided for now this is acceptable. If I have additional income from freelancing to throw there (that I don’t end up allocating to Richie’s college fund) then that’s fine. The scary part to me is that I still don’t feel like I am saving enough to meet all the goals I want to achieve… but I am trying my best.
I also decided that I am implementing a full No Spend Challenge for ALL of 2019, again aiming for 15 days or better.
I have lots to do this weekend, so cutting this post short – here are links I loved & hope you do, too.
I am loving this blog, esp as I try to up my savings and investing game… but I don’t know if I could dumpster dive. Could you? https://dumpsterdogblog.com/how-i-saved-30000-8-months/
Calculator – When Can You Retire?
Again, it’s time to do your taxes, so make sure you maximize your tax breaks http://theeverygirl.com/10-tax-breaks-or-benefits-you-may-not-know-about/
What old story about yourself are you still believing? Here’s how to find it and change it
“Mediocrity is always in a rush; but whatever is worth doing at all is worth doing with consideration. For genius is nothing more nor less than doing well what anyone can do badly.”
Oh, and happy Super Bowl weekend!