Savings Rate

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Savings Goal Update #6

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Savings Goal Update #6

It has been over 3 months, since my last savings goal update article. Things have gotten pretty crazy as my wife and I booked a full fall. It has been great, but exhausting at the same time! With our busy fall, I gave myself permission to not focus so much on new articles and just be fully present all the time. Now, I have found time to sprinkle some articles in over the past 4 months. I found the time to write those articles while I was on flights by myself. I just edited and added to these articles as it came time to post. Now, that I dug into our busy schedule and lack of posting, what have we been doing?

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One Really BIG Savings Goal for 2019

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One Really BIG Savings Goal for 2019

Goals, plans and new years resolutions. Those are the things that people do each year in anticipation for a brand new year. They’re going to make changes for the better. They’re going to start working out or losing weight. They’re going to buy a new home or pay a crazy amount of the mortgage off this year. Most new year’s resolutions are short term and only really focus on one year. It makes sense to focus on a small timeframe to make things attainable. However, I have never been a big new year’s resolution fan, as most people don’t follow through with their resolutions.

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Our August Savings Rate

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Our August Savings Rate

One of the best ways to build wealth and reach the financial summit is to have a high savings rate.  As I detailed in an earlier article, our savings rate has continued to increase since last June.  So, I decided to do a monthly article on our savings rate and explain what caused the increase or decrease in the rate.  Our goal is to reach 50% every month, but there have been a few months this year that have not reached 50%.