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$20K Update - We reached $18K

December 14th, 2017 at 06:15 am

We reached $18K!! We have to pay a $2,500 home insurance bill for 2 of our houses in 2 weeks, so it will be short lived, but still pretty proud of getting this high and at Christmas time too! Will keep chucking our little deposits in there to try to keep on the high side of things!

Current Balance $17,880.00
+$50.00 My Payday to Our Savings (12/15)
+$75.00 My Payday to Mom Loan Savings (12/15)
Balance $18,005.00

Local Savings $7145.00
GC Savings $995.00
Capital 360 Savings (US) $4220.00
Capital 360 Savings (Mom Loan Payback Account)$2880.00
Capital 360 Savings (Rental Deposit Account #1)$1265.00
Capital 360 Savings (Rental Deposit Account #2)$1500.00
Total Savings = $18,005.00

52 Week Challenge
2017 Total = $892.00(We have paid weeks 1-28 and 44-52)

9 Responses to “$20K Update - We reached $18K”

  1. james.hendrickson Says:

    Great job! - If you find a great high interest paying bank to stash the cash in, please let me know!

  2. dh Says:

    You are an amazing inspiration!

  3. dh Says:

    I am wondering about the house insurance. Is there any benefit to you in paying the bill annually? Have you checked?

    I'm in Europe and we can pay once a year or twice a year or monthly. I realize it may not be the same for you, but if you do have that option, it's obviously easier to come up with 1250 twice a year than 2500 once a year.

  4. Amber Says:

    Whooo hooo I love it, congratulations

  5. rob62521 Says:

    Way to go!

  6. Banker Gurl Says:

    james.hendrickson - At this time we are saving up for some major medical bills in 2018, so not looking for any investments right now. Smile
    dh - I am not sure on that, I will have to check further!

    Amber and Rob - Thank you!!!!

  7. james.hendrickson Says:

    Are you guys also doing side businesses to get extra money? That what most people seem to recommend.

  8. Banker Gurl Says:

    james.henderickson - We both work full time, plus I work a lot of OT, and sell on FB. My hubby also coaches basketball, and we have two rental properties, and we are also property managers for a rental property for my parents.....we have a lot of hussle going on here! Smile

  9. james.hendrickson Says:

    Got it - pretty much you guys do a ton of stuff on the side.

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