yearly savings plan
- Thread starter benjamin
- Start date
2nd account that automatically transfers a percentage of your pay
I already have a savings account that $200 is deposited into each check..this is just a hobby I do yearly.
2k so far lol.......
its hard though man, but i want at least 10k by the end of the year
i shall post pics at the end of the month
Man if I could afford it I would be doing that much to. Keep it up...
Yea I've seen people doing that on YouTube plus doing the 52 week challenge which works well also.
desjardins
Veteran
Props breh. If any of yall are hardcore about saving there is a blog/forum called mr. moustache that's about saving your way to financial freedom. Dude who started it retired at age 30 or something crazy and lives off 5k a year or something like that.
Me? I automatically save $500 a week into a capitalone 360 account, and any extra bread beyond that in my checking account i transfer over after all my bills are paid at end of month. I also max out my yearly 401k limit too. I'm in a two income household (GMB
) and i'm in my early 30s so this might not be realistic for most of yall on here yet. but last yr i saved over 36k in liquid cash just to my 360 account (ie: not including 401k or investments)
I treat saving basically like taxes and child support. i automatically take it from my account and view it as if i never had the money to begin with. if shyt hit the fan i can always access it (that's what it's for) but i try to "forget" about the money i'm saving if that makes sense
Me? I automatically save $500 a week into a capitalone 360 account, and any extra bread beyond that in my checking account i transfer over after all my bills are paid at end of month. I also max out my yearly 401k limit too. I'm in a two income household (GMB
) and i'm in my early 30s so this might not be realistic for most of yall on here yet. but last yr i saved over 36k in liquid cash just to my 360 account (ie: not including 401k or investments)I treat saving basically like taxes and child support. i automatically take it from my account and view it as if i never had the money to begin with. if shyt hit the fan i can always access it (that's what it's for) but i try to "forget" about the money i'm saving if that makes sense
Good stuff I was supposed to be doing the 52 week challenge but fell off lol
20 dollars a day. Why is your money outside of your bank btw
for me its the easiest way to save, out of sight and out of mind works best for me..
mid march, one side of the shoe box is full
FistofJustice
Pro
I'm doing this but with loose change. I have 10 dollars saved up so far. My check gets directly deposited in my bank account so I don't carry cash on me.
I was already saving money since I was in my early teens
Address_Unknown
Jesus Loves you...Your Cat doesn't. {#Dogset}
Stack coins in a cup on my dresser. Empty it out when it's full, put the quarters in another bottle, rinse and repeat and cash them quarters the first week of the new year and bank. 2K minimum haul.
also.
End of February update, by end of year there will be 12 bags filled like these
also.
