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Home > $20K Update - Up to $22K!!

$20K Update - Up to $22K!!

May 4th, 2018 at 02:19 pm

We cashed out our Dietbet Winnings and that was a great boost to savings!

Our renter in Rental #2 is moving out at the end of the month so we will get that on the market tomorrow and hopefully don't have any trouble filling the vacancy. Since we just did updates on that one last summer it should be pretty much move in ready, other then that we need to buy a new fridge for it.

Current Balance $21,590.00
+$50.00 My Payday to Our Savings (5/4)
+$75.00 My Payday to Mom Loan Savings (5/4)
+670.00 Cashed out Dietbet Winnings
Balance $22,385.00

Local Savings $6150.00
GC Savings $4550.00
Capital 360 Savings (US) $5255.00
Capital 360 Savings (Mom Loan Payback Account)$3730.00
Capital 360 Savings (Rental Deposit Account #1)$1200.00
Capital 360 Savings (Rental Deposit Account #2)$1500.00
Total Savings = $22,385.00

52 Week Challenge
2018 Total = $601 (Weeks 1-21, 25, 37-39, 41-43, 52 and 53)

3 Responses to “$20K Update - Up to $22K!!”

  1. Amber Says:

    Nice way to end the week with a boost to your savings

  2. dh Says:

    I've mentioned this before ... why not just pay your mom 5K every time you have enough that you feel comfortable having 5K less in savings?

    At the time you answered you didn't want to have to recalculate the interest. I understand that, but there are online calculators for that. And it's not like it will take you years to pay back the rest. You could always just not recalculate and all go out to a nice dinner together, since it's a question of a few months.

    Has your mom asked you to repay it in one time? If not, I think paying her 5K at a time would be a good solution, because you'd be actively paying her back but you could keep the savings that you're comfortable with. And she's your mom ... if it took longer, I'm guessing that would be OK with her too, especially if you've already paid some or most of it back.

    In any case, as always, you are doing an amazing job! I hope the medical appointments go well.

  3. Banker Gurl Says:

    Amber - Thank you!

    dh - Thanks, yes I am thinking about that as another option too. I always appreciate the input and suggestions!

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