We’re into month 5 of this new venture of mine to take control of our finances and grow our wealth one dollar at a time. To clarify, only the dollars saved because of new behaviors since starting this blog are counting toward the Saving to be Rich results.
Total Saved on Groceries = $642.37 (53%)
Total saved from a combination of store sales and coupons is shown above. Only the dollars saved from coupons I clipped are being counted toward the wealth building account however. My reasoning being that I would have bought the items on sale anyway (store savings) and the only extra I earned is the coupons I clipped.
Total Saved Using Coupons = $191.09
Added to Wealth Building Account – $191.09
**I’ve chosen to stop showing copies of my receipts because it becomes pretty time intensive to upload them all to my blog – but please leave a comment if you’d like to see me post those again. I want to stay accountable and have everything be transparent.
Stocks = – minus 205.97
Unfortunately the stock market has dropped significantly in recent weeks. My only consolation is that I sold my stocks on July 29th, thereby protecting myself from the worst of the drops. But it’s still a negative ding this month.
Wealth Building Account – subtract 205.97
Craigslist – $70
I sold a couch and two chairs that were sitting for free on the curb. Invested cost was $0, so profit = $70.
Wealth Building Account – Plus $70
Piggy Bank Savings
When I paid cash for things I put the change in coins into a piggy bank. During July I deposited that money into my kids’ college accounts.
Wealth Building Account – Plus $32.10
Added to STBR Wealth Building Acct = $87.22
How did you do this month?