Sunday, January 21, 2018

Track your goals


 By now you have set up your goals for 2018.  Creating a monthly and annual budgets will help you achieve those goals.  For me, I also needed to visually see the progress that we were making.

When we were getting out of debt we had a chart with a picture of a dollar bill to represent every 1000 dollars we owed.  As we paid off money, we coloured one of the bills.

The same premise can be used when saving for a goal.  We are trying to save up for a dream, once in a lifetime trip.  To save for this we are doing a few things.

First, we calculated the price of the trip, from air fare, activities, hotels and dining.  This actually got me very excited to make this a reality. I haven't had a focus since July, and this has got me all fired up lol.

The kids and I found a pic of a sun online and cut it out to represent the amount of money we need to achieve the vacation goal.  I then broke the price down into small goals and assigned a dollar amount to each sun image.  Each time we reach a goal, we will colour the sun.

We opened up a bank account for this trip.  We will deposit money into it as we get money from selling things online and our spare change.  

Here's hoping we achieve it and take the trip.  Dreaming will help get us there. 


 
Join Guess Who's Cheap on Facebook, and on Amazon A Penny Saved is a Mortgage Paid, and A Guide to Collecting Air Miles in Canada
https://www.amazon.ca/s/ref=nb_sb_ss_c_1_7?url=search-alias%3Daps&field-keywords=a+penny+saved+is+a+mortgage+paid&sprefix=a+penny%2Caps%2C206&crid=R06CXF8JG0RF

No comments:

Post a Comment

Organizing for supper

Our deep freezer was bursting at the seams, a great problem to have, but it can be a challenge. I was soon going to count getting ingredient...