My blog has moved!

You should be automatically redirected in 6 seconds. If not, visit
http://thebudgetingbabe.com
and update your bookmarks.

Friday, June 01, 2007

Building wealth - one small step

I just transferred $500 into my money market account - officially bringing it over $10,000 for the first time ever. Yeah!

This is really my "someday I'm gonna buy a house fund," that's been growing since I started it at the end of 2003. (Faithful readers will know that I also have a retirement fund and a "rainy day fund," outside my checking account.)

I'm so proud of myself :)

At first I thought I'd start looking for condos when I had $10,000 saved up, but now I think I'm going to try for $15,000. Who knows, maybe I can hold out until $20,000. It won't take me another four years to double it, because I'm able to put away more money each month now.

I think I shall have some frozen yogurt today to celebrate. Maybe even go shoe shopping.

9 comments:

mapgirl said...

Stick with shoes. They last longer than fro-yo on a hot day. ;-)

Anonymous said...

Congrats!!!

Shoes are definitely better! Last longer and much cuter!!!!

Chitown said...

Way to keep your eyes on the prize and keep pushing forward. (thumbs up)

The Big Saver said...

Usually I just 'lurk' on your site, but had to leave a line to congratulate you this time!!!

$10K is a niiiiiice milestone. Definitely try for the $15K...you can do it!

diane lee said...

Great blog, I'm glad I found it.Congrats on reaching $10,000!diane

SavingDiva said...

Congratulations on reaching $10k! I would definitely celebrate...shoes and frozen yogurt!

Peachy said...

Go for the yogurt. It's one less thing you'll have to move.

Tommy said...

Big ups to you for the big 10K! We just got back from almost a month in Europe and our bank account is decimated :)

Guide to High Interest Checking said...

It is so hard to save when everyone around you only knows how to spend. Congratulations!