So the time has come to see how I went in the $20 challenge. i have consolidated my accounts and am ignoring the cents.
Cash 10
Check 120
Bill payer 611
House repairs fund 620
Travel 294
Emergency Fund 1920
Total 3574.
At the beginning of the year I had $3216, so my savings have increased by $358, or $6.88 per week. How unimpressive. However, my house has increased in value, and my retirement savings have also been compounding, so my net worth has increased more than that.
Next year, I shall just count the cash I've actually saved, by putting all my change in a jar. I begin with $3.20 in coins in a Spice Girls container.
Year's End
December 31st, 2006 at 04:30 am
December 31st, 2006 at 04:36 am 1167539808
December 31st, 2006 at 05:30 am 1167543058
December 31st, 2006 at 10:56 am 1167562588
December 31st, 2006 at 02:10 pm 1167574246
Look at it as a percentage increase and you begin to understand just how much of an achievement your savings really are.