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Getting gazelle

January 1st, 2010 at 04:53 pm

I've been listeneing to Dave Ramsey online and I like what he has to say about getting focused on one goal at a time. At the moment I'm putting a little bit here and a little bit there for half a dozen things, and I feel like I'm not making any progress. Getting one goal acheived before going on to the next strikes me as a good idea.

So today I took the nz$800 I'd saved in my travel account and added it to my EF, bringing the total to $2500. When that is completed I will increase my contribution to Kiwisaver, and after that focus on the trip saving.

I wonder why it seems so much harder to save money than pay off debt. With the money sitting in the bank, there's always something to spend it on and it grows so slooooowly.

2 Responses to “Getting gazelle”

  1. DeniseNTexas Says:

    Good for you on having that 2500 EF!! What is the goal for your EF?

    Good luck on your new gazelle outlook and keep us posted on how it goes. Smile

  2. homebody Says:

    Once you get a chunk of change going I think it is easier to save because you want to push it higher. It is psychological I know, but aren't you just a little more motivated to want to push it to $3000.00 now?!

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