Week 26 - No Debt New Car Savings
It is week 26 in this mission to save enough money to pay for a car in CASH. This week I was able to get in a few more hours of side hustling than I did in the past few weeks, although Sunday’s gigging was pretty poor for a Sunday.
To understand the basics, check out my first week’s blog where I talk a lot about this entire breakdown by clicking here.
In week twenty-six, I was able to add the following:
Mileage Reimbursement: $77.14
New Car Savings: $62.35
Total Addition to the New Car Fund: $139.49
After twenty-six weeks, I should be able to save $25,000 in 24.5 months or 2 years. That is an increase from last week at 24.4, but much of this is due to higher amounts I was earning in my side hustle prior to the start of summer and I’m basically saving below my 24 week average.
Here is what the account stands at as of 06/23/2019:
Mileage Reimbursement: $3,119.64
New Car Savings: $1,803.12
Total in the New Car Fund: $4,922.76
Amount to Goal: $20,077.24
This next week will be a tough one as I have a lot to do before the end of summer school (just 9 days left). The goal is to at least get to $5,000 in savings here, although I average more than $80 in a week you just never know how life will go and sometimes that means only doing a few on the weekend and calling it a done day.
Remember, all of the money that goes into the NDNC savings is from side hustle jobs. See my posts about side hustle income here.
That’s it, see you next week.