Kitchen Savings Update

In the middle of my post yesterday I decided to see how the kitchen fund is doing. I had written a pep talk on the realism of kitchen goal in March.

Goal Savings
 $20,000.00
Kitchen  $2,231.00
Home  Renovation  $2,184.00
Sky is Falling  $4,900.00
Total Savings  $9,315.00
New Goal  $10,685.00

That’s really exciting! I’ve been saving for quite some time in these accounts so I don’t want anyone to think that I’ve saved $10G in less than a year. Though all the power to you if you can do that!

With 10 more months to go this means that I’m aiming at saving $1,000 in my kitchen fund. I’ve picked up a small side hustle that should bring in some money that can be put there. ML’s got one that will most likely contribute $4,000.

This bring my goal of $1,000/month down to $700/month. While still a bit of a stretch this feels more realistic. I’ve gone from talking about a new kitchen to really feeling like this could be our reality!

Anticipated hiccups:

  • Hosting friends for 2 weeks in August
  • Multiple summer weddings (showers, gifts, travel, hotel)
  • Christmas spending (we always use our buffer here)

I can’t do a whole lot about those but it helps to remember them so I’m not thrown when they occur. This year I’ve been please with how frugal we’ve been.

Here’s to the kitchen becoming a reality!

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s