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Here we go!

April 25th, 2006 at 06:55 pm

This is my first posting on my blog! YAY!

My journey began a few short weeks ago when I first found savingadvice.com. My original plan was to transfer my limited amount of savings into an Emigrant Direct account. I spent about a week looking into this and the day I finally decided to do it, things changed.

Apparently my dad isn't too fond of the idea of taking my 1992 Nissan Sentra on the 100 mile trip everyday to school. Which means, it's time for a new (used) car.

At first this seemed like the end of my savings. However, my sister is studying abroad this summer and brought up the idea that I use her car while she is gone! Great idea!!!

I still need to buy a new car, but this buys be a little more time. I think I'm going to reconsider the idea of putting my savings into a Emigrant Direct account. Smile

On a side note, here are my upcoming expenses that I'm trying to save for:

Very Short Term: (within the next couple months)
1. Summer semester - ~$500
2. Fall semester - ~$800
3. New Car - ~$7000
4. A few minor medical expenses - ~$150

Short Term: (within the next couple years)
1. Wedding - ~$5000
2. Honeymoon - ~$2000
3. LASIK - ~$2500
4. Dental Work - ~$5000
5. Tuition for my last semester in college - ~$3000

Long Term:
1. Retirement
2. Home (purchased with cash)

Thanks for reading! Stay tuned because I plan to keep updates on the progress of my saving for all my goals.

1 Responses to “Here we go!”

  1. Nina's Mom Says:

    Good for you being aware so young about finances! My 25 year old daughter just closed on her first home yesterday. She saved, saved, saved. She paid $233,000 for a town home in Reno, NV, putting down the full 20% down.

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