Savings: Status Check

It’s been awhile since I’ve given an update on my savings strategy. Mostly because it’s embarrassing.

I set the goal to save $10,000 by the end of this year, which will provide me with some cash to help me survive the student life while in Amsterdam. I started out pretty well, cutting back in various areas of my life and regularly adding to my savings account. Though it’s only ever been small amounts, the steady progress I was beginning to see was comforting.

But now, a few months later, progress has come to a screaching halt. After an expensive July, including car repair and travel expenses, I had an even more expensive August, with more car repair and unexpected medical costs. And September hasn’t allowed me to catch up. It seems like the more I lose control over what I’m spending money, the more I feel compelled to spend it voluntarily on things that are nowhere in the budget. My logic goes something like, “well, the budget is already shot. So I may as well buy these platform shoes with fish in them.” So as much as I’d like to blame my derailed spending solely on the cruel universe that doesn’t want me to succeed, I must take at least 10 percent of the blame….or 60.

Nonetheless, I’m still trying. And if anyone has ideas about how I can make some extra cash, I’m wide open.

Here’s the latest.

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