<< Back to all Blogs
Login or Create your own free blog
Home > My how rapidly the vacation fund has grown!

My how rapidly the vacation fund has grown!

August 25th, 2008 at 10:26 am

It's amazing how quickly you can save money when two people focus on it!

My BF and I started a joint savings account in March of this year. We hadnít designated just exactly what it was going to be used for, but it quickly became known as our vacation fund.

We have been putting in equal amounts (this is VERY important to me, even though he earns more than double what I do) to fund this account. On the 1st and 15th of each month, we each automatically transfer $100 to the account. So, thatís $400 per month. Then, when we have extra money Ė like when we get profit sharing at work Ė we put in additional, equal amounts.

In just six months, we have reached $4,400 in the account! I had hoped for $5,200 in one year, but we are already almost there. So, itís time to set a new goal. And, we have yet to pick when and where our vacation will be. I think we could have almost $8k by Christmas. And, knowing me, Iíll want to just keep on saving it instead of spending it!

2 Responses to “My how rapidly the vacation fund has grown!”

  1. fruitbowlk Says:

    Great job.

  2. Ima saver Says:

    That is great!!

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
Will not be published.

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]