2015 Money Goal Plan of Action #1

Good Evening!

I know I’ve been quiet (it’s a good thing, though), but it’s been a crazy lead-in to 2015! One of my plans for the blog was to write about my money goals for 2015 and how I planned to reach them. Consider this the first one! 🙂 Here we go!


 

2015 Money Goal Plan of Action #1

BrokeTwentySomething.com

The first goal on my list this year was:

  • Add $500 to my ‘slush fund’ savings account.

Like I have mentioned in the past, I have some money in savings (enough? Debatable!). I have always thought I could and should be more conscious in this area. With that, let’s look at how I plan to get to a solid $500 saved.

  • Make a bi-weekly contribution from my paycheck – I already do this automatically. I set it and forget it, super easy! If I up my bi-weekly contribution by just $5, I will reach this pretty quickly.
  • All blog proceeds go directly into savings account – This can actually happen! People are clicking on my affiliate links and buying things or visiting my sponsor ads! I’ll take the small revenue derived from my blog and deposit directly into savings. Also, I figure that it might be helpful come tax time (should I make that much from this blog) to have the proceeds in saving, at least while this is new.

I’m sure I could come up with some more ideas, but these are small and something I can easily commit to. If I come up with another winning choice for this list, I’ll keep you posted.

I’m looking forward to sharing my plans and ideas for some of the other goals, hopefully. I want to have those up this week and maybe next week!

 What’s your favorite way to boost your savings or hit a specific savings goal? I’m all ears!

*Part of Financially Savvy Saturdays on brokeGIRLrich and Autoimmune-Protocolling Around the World*

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7 thoughts on “2015 Money Goal Plan of Action #1

  1. Good for you on the blog revenue! I read somewhere about the idea of developing side hustles that cover your bills – like you babysit to cover your phone bill each month and your Etsy store funds your grocery bill, etc. Then your primary income can just go to savings and investments. Seemed kind of extreme, but I think it can work well in smaller doses.

    1. I WISH I could find enough profitable side hustles so that I could earmark my paychecks for all my bigger goals, but that’s not the nature of my side hustle returns at this point. However, that SMALL bit of blog income, should push me a little closer to my goals a little bit sooner! 🙂

  2. I like to break a larger savings goal into smaller steps. Knowing what I need to save every week helps quite a bit. Hitting frequent smaller milestones let’s me see progress and that is motivating.

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