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Home > How Many Ways Can I Divide A Dime?

How Many Ways Can I Divide A Dime?

November 14th, 2008 at 12:45 am

Already, like others out there, I'm looking at new financial goals for the new year. I love this fresh start stuff. It always gives me energy. I've tried to involve my spouse in my excitement and my review, but as usual, he lacks interest. I really just want to throw the book at him, but as the good wife, I just smile!

I've been reviewing my (our?) savings over 2008 and realize that I am still all over the place. I mean I've done fairly well, but I had more of a savings PLAN in place for the past year, rather then savings GOALS.

I believe I have 8 payroll savings allotments and 2 bank withdrawals for savings accounts (including retirement accounts). The plan was to consistently save as much money as possible.

In addition to the automatic deposits, I used lots of coupons, shopped at Good Will, stocked up on grocery sale items, took my lunch to work, and avoided shopping and going out to eat as much as possible.

Then, nearly every time I got extra money, say, over $100 or $200, I played with it in my head and on paper, dividing the deposit amount across at least 3 accounts, sometimes more. (My tax refund last year was split between every account I have PLUS I kept an amount for spending.)

It's worked for me...sort of. I mean, I have a good running start on most everything I wanted to fund. So I guess that was my plan AND my goal. But I'm like a juggler with too many balls in the air. Here I am at the end of the year, and I can't scratch anything off the list.

I shouldn't feel disappointed, but in a small way I do. I'm going to look at things with a new eye and narrow my focus...

4 Responses to “How Many Ways Can I Divide A Dime?”

  1. thriftorama Says:
    1226630105

    It sounds like you are on the right track. It's great to have a plan, but not all people with plans accomplish them. You changed your way of thinking and put it into action, which is the real key to succeeding.

  2. creditcardfree Says:
    1226633337

    I think you are doing well! You have no credit card debt. All your savings seem to make sense to me...maybe make a goal of X dollars in the car fund by this time next year. Then do this with all accounts. Try to see if you can achieve the goal and then some. Keep up the good work.

  3. Koppur Says:
    1226679595

    While your savings goals may not be huge right now, you have still saved and made some good choices. And it seems like you have a good boost of energy for next year.

  4. Petunia Says:
    1226691296

    Do you think our DH's are brothers?? I also find energy in starting new things. Good for you for taking the time to review your efforts, figure out what's not working and change course a bit for the new year.

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