baselle said: What's your big goal? What's inspiring you to save money?
and I've been thinking about that ever since.
MAIN GOAL:
1 - Have enough saved to move out of state comfortably, without racking up debt. I would have moved away two years ago, but I didn't have anything saved, and my parents flat-out refused to help me. That just made me more determined to do it myself without help from anyone. I can't even find a new job here, so I'm worried that I will have a really hard time finding work anywhere. Thus, I want a financial cushion.
OTHER BIG GOALS:
1 - Have money for a downpayment on a car. Preferably $5000, but I know that will be difficult.
2 - Save for retirement by socking away money every month and knowing my investments.
3 - Pay off my college loans.
4 - Buy a house, and have enough of a cushion to support that huge investment.
What's really inpiring me to save money is my desire to not be poor or credit-reliant because of a big blow to my finances (like a giant car repair, coming up soon). I don't want to be one of those people who are one paycheck away from being homeless, and I have lived far too close to that for too long.
More short term goals coming soon...
long term goals
July 11th, 2005 at 01:40 pm
July 12th, 2005 at 12:08 am 1121126906
It leads me to the only method that worked for me for saving money:
Hold up each item or situation and mentally say,"which is better for me at this moment - this thing or my goal?" Sometimes its not easy - healthy food, friendship, good family relations & working transportation can be better for you at the moment than the goal...but it does help with the day to day temptations.