September Wealth Building Report

piggy 300x300 September Wealth Building ReportPassive Income & Savings

I’m a couple of months behind on reporting our progress on my quest 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 via Couponing = $208.94  (39%)

This may not look that impressive, but ultimately September turned out to be a huge savings month for groceries.  I wasn’t keen on most of the sales, so didn’t go shopping much and only spent $320 all month!  For a family of 5 plus 2 dogs and a cat – this is a very low monthly food budget!

The 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 = $53.55

Added to Wealth Building Account – $53.55

**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.  

About 6 weeks after I sold my stocks, I purchased shares of Target (TGT).  The price has yoyo’d a bit, but ultimately is steady at the price I paid for it, so there is no change from my investments.  However, I still expect Target to increase as we near the holiday shopping season.  Plus I’ve noticed that October tends to be a really low month for stocks for some reason.

Wealth Building Account – $0

Craigslist – $50

I sold a washing machine that we’ve had in our garage for the past year.  We bought a different set and just forgot about this one.  But one day I noticed it and in an effort to clean out our clutter, I posted it on Craigslist.  It was gone that day!  Washing machines sell really well on Craigslist if you’re ever wondering.  We had 10 calls in an hour.

Wealth Building Account – Plus $50

Piggy Bank Savings

When I paid cash for things I put the change in coins into a piggy bank.  During September I deposited that money into my kids’ college accounts.

Wealth Building Account – Plus $54.74

Added to STBR Wealth Building Acct = $158.29

How did you do this month?

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