Layout:
Home > Added to savings (US & UK)

Added to savings (US & UK)

August 18th, 2016 at 03:12 pm

When I found out about our $40 U.S. mortgage payment savings, I put $100 of the $180 projected surplus into our U.S. savings account. Even though we now have a shared spending deficit, I want to keep adding at least a little bit of every windfall or freelance check to savings for future big wants such as renovations. (It can of course be used for emergencies too if need be, but I'll try to avoid that.) Just over the past month, I've gotten the balance from about $5 to $655.77.

NT's rental income hit his account and I was able to transfer 475 pounds ($712) over to his UK savings that we're considering to be our emergency fund. The EF is now at US$1,837.55, almost 20% of our goal in just over a month!

I'm not expecting to always add this much to savings in a month, but then again maybe some months we'll be able to add even more. Either way, it's nice to see that our savings has grown from practically $0 to nearly $2500.

4 Responses to “Added to savings (US & UK)”

  1. creditcardfree Says:
    1471538845

    Yea! I love savings!

  2. My English Castle Says:
    1471542793

    Agreed. Nice growth!

  3. rob62521 Says:
    1471552044

    What a super plan! Great growth in just a month. It all adds up.

  4. VS_ozgirl Says:
    1471594124

    That's awesome!

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Will not be published.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]