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$20K Update

April 17th, 2020 at 09:33 pm

Current Balance $14,720.00
+$45.00 To get GC Savings to $4000.00
+$50.00 My Payday to Our Savings
+$75.00 My Payday to Mom Loan Savings
Balance $14,890.00

Local Savings $1795.00
GC Savings $4000.00
Capital 360 Savings (US) $3035.00
Capital 360 Savings (Mom Loan Payback Account)$3710.00
Capital 360 Savings (Rental Deposit Account #1)$850.00
Capital 360 Savings (Rental Deposit Account #2)$1500.00
Total Savings = $14,890.00

52 Week Challenge
2020 Total = $0

Posted in $20K challenge | 3 Comments »

3 Responses to “$20K Update ”

  1. crazyliblady Says:
    April 18th, 2020 at 04:40 am 1587184856
    1587184856

    Just out of curiosity, what do you do with the 20K each year? Or do you use it in different ways each year?

  2. Banker Gurl Says:
    April 21st, 2020 at 09:07 pm 1587503244
    1587503244

    The $20K Challenge was just trying to get to a "comfortable" savings mark. I think $20K in liquid savings is ideal for us to cover emergency fund, open rentals, medical, taxes, etc. So I try to keep savings as close to the $20K mark as I can. We usually fluctuate from $15K-$20K with saving up and then big bills come in and the pattern repeats. Would love if we could get to like $25K and then fluctuate from $20K-$25K with the ups and downs.

  3. crazyliblady Says:
    April 22nd, 2020 at 01:25 am 1587518742
    1587518742

    Good plan.

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