March 2017 Savings Update

Nearly two years ago, I began a debt repayment journey. I was $23,983 in debt and desperate to get out of the town I live in. I began the start-stop-pause-rest-run-sleep-repeat journey of getting out of debt. Last month I finally paid off my 16.82% interest credit card (PRAISE HANDS EMOJI!!!). I still owe a gross amount on my car, but I announced in my last debt repayment recap that I was going to pause the debt repayments and start saving money – for my upcoming summer in Nashville and something that was on the horizon. A wedding. Nailed it.

Until Justen and I get married, my monthly financial check-ins are going to be Savings Updates.

March Savings update // stephanieorefice.net

For March, I decided I wanted to save $1,000. Here’s how I did:

March
Starting: $0
Goal: $1,000
Saved: $1,250
Total Saved: $1,250
125% of my monthly goal completed / 25% of my overall goal completed

From here on out, I want to save $750/month so that by September 1, I have $5,000 to be used for our wedding. I’ll use the format I used above to show where I started, what my goal was, how much I saved, the running total, and the % of my goal(s) completed. I freaking love those percentages, you guys.


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March 31, 2017
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  • Way to goooooo on saving so much!!!! We feel that same tension with savings vs. paying things off (like our house, sidenote why are houses so expensive). And how exciting to be saving for a wedding!!!

  • Bailey @ Becoming Bailey

    Yay! Andy and I stopped our debt snowballs and made minimum payments only to save for a wedding as well! I am so thankful we did!

  • way to go girl! 🙂