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It is currently Mon May 25, 2015 12:39 pm




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 Post subject: FlyingPig's $100,000 Savings Challenge for 2015
PostPosted: Sun May 24, 2015 12:49 am 

Joined: Sat Apr 04, 2015 5:48 am
Posts: 2
I recently wrote up on my financial mess in this post -
Debt Free & on Track to Save $100,000 by Dec 2015 - http://www.getrichslowly.org/forum/viewtopic.php?f=12&t=82123

As already stated, I am saving up to $100,00 by December 2015. After this I will revisit where I am in January and look at investing anything over $100,000 mark. So basically the $100,000 will act as a "buffer" to spring board me onto the next phase of my financial ambitions!

Previous Financial Position (April 4 2015)
- $0.00 DEBT
- $39,000.00 in retirement Fund
- $1,944.83 Cash & Online Expenses Account
- $45,003.94 Savings Account 1
- $406.26 Savings Account 2
- $558.50 Savings Account 3
- $2,300.00 in Emergency Fund
- $3,205.00 - Value of Shares (penny stocks) that I bought for $45,000 :puke: ;( ;( ;( ;( ;(
- $4,700.00 - Share Trading Account. Day Trading, not investment account

Current Financial Position (24 May 2015)
- $700.00 DEBT - (a friend reminded me about his money I hadn't paid back...ohh dear!
- $41,062.70 in retirement Fund
- $2,172.14 Cash & Online Expenses Account
- $66,131.85 Savings Account 1
- $427.3 Savings Account 2
- $578.50 Savings Account 3
- $65.27 in Emergency Fund - Down as I recently had to move house after failing to renew lease...greedy landlord :(
- $2,205.00 - Value of Shares (penny stocks) that I bought for $45,000 :puke: ;( ;( ;( ;( ;(
Sold some shares and recouped $805 that I am yet to get. Been busy, haven't got a chance to cash in the cheque. This money will be used to pay off a $700 debt that I had forgotten about :(
- $4,200.00 - Share Trading Account. Day Trading, not investment account.
Lost $500 trading shares. Nothing major, I will bounce back!

2015 Monthly Savings Target
I am looking at saving a total of $8,000 each month..fingers crossed :)
June - $74,131,.85
July - $82,131.85
August - $90,131.85
September - $98,131.85
October - $106,131.85
November - $114,131.85
December - $122,131.85


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