HAPPY NEW YEAR!! I'm a bit late on the celebration via the blog, but I had a good excuse:
I know I probably broke the cardinal rule of blogging -- don't disappear -- but it was time for a few days for and my family and it was so worth it. I'm back, I'm refreshed, I'm tanned and ready for a new year. Cheers to 2014! I hope your New Year's Eve and Day were everything you hoped for!
When it comes to the start of a new year, everyone always talks about resolutions, how they're going to make this year better than the last, what they'll be doing differently. Of course, I have my own hopes and aspirations for the year, but I also have a tangible FINANCIAL plan that Donny and I will be following.
It's our 2014 Mini Savings Account, a way for us to save a little bit of money, so at the end of the year, we have some bonus cash we don't have to scramble for. We can use it for anything we want: something practical, something special, perhaps something sunny and warm like a vacation? See above photo.
Here's the concept: you save as many dollars per week as there are weeks in the year. (ie. week 1, you save $1, week 20, you save $20, etc) While this plan sounds pretty easy enough, it means you need to save the most money in December, which is already a difficult month, financially speaking. So we're doing the plan in reverse.
In January alone, we will need to save over $200. It will be the hardest month, but we can do it. But by the time July rolls around, we will have already saved $1000 bucks! And at the end of the year, we'll have nearly $1400! Of course, you can double, triple, quadruple the amounts if you wish. Do what you feel comfortable with, and what you can afford.
We start tomorrow, so wish us luck! Do you have any savings/financial plans for this year?