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.
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.
