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Monday, April 19, 2010

Next goal

It's a short term one, but one I am excited about. My goal is to save $1000 for my yearly  vehicle plates (insurance). This will pay for a full year instead of having to pay $89 a month, or so.  Saving up this way will allow me to save a bit of money as you get it cheaper if you pay all in one shot. It also will make me feel like there is one less creditor taking a monthly bite out of my money, which is a great feeling.

Currently I have just under $200 in this savings account. I will have $379 extra from my April paycheck (thanks to paying off my loan) to put towards this as well as my usual $50 towards annual fees that I currently have in the budget. I will do this for both April and May cheques and this goal is complete. Voila.

It will also let me start tucking anything extra I may come across as a snowflake for my final loan, the Vehicle Loan. I am very excited about this. w heeeeeee

5 comments:

The Asian Pear said...

That's a great goal. Great planning Jolie.

Jennifer said...

You go girl! The snowball effect is really working now.

Girl Makes Cents said...

That's a great idea! Let it snow ;)

Anonymous said...

That's terrific! I hope it snows a LOT for ya!

Northern Living Allowance said...

Great idea! One goal at a time :) It'll feel SO good to pay for the plates all in one go!