Tuesday, August 3, 2021

Pot of Possibilities - July 2021

Another month of 2021 in the books and we have saved money once again in our Pot of Possibilities!

7/1 Paycheck $962.77
7/15 Paycheck $1000.77    
Ebay Sale $8.65
FNBO Interest $12.87
NFCU Interest $37.48
USAA Interest $0.15
Amex Rewards $72.19
Chase Rewards  $4.89
USAA Premium Refund $538.48

July Total $2,638.25
YTD Total $18,259.56

POP Total $110,319.94

I'm calling that another milestone! Over $110,000! 

The original goal of this big savings goal was to reach $200K, by the time my husband retires. With the idea that we could put a large down payment on a home. At the time I thought we might buy a home worth about $200K! Of course home prices are rising rapidly since that time. We are likely still on track to meet that goal with about 2.5 years to retire. But things are changing. We have orders to move to our final assignment. We are likely going to buy a home there since it's in the Midwest and closer to our girls. So it will be time to dip into the Pot of Possibilities. The amount we have saved is plenty to put at least 20% down on our next home. 

It's been a fun ride building up the cash, but it will feel good to have it work for us in another way soon. And it's time, since interest rates are not in favor with savers once again. 

I expect there to be another month, or two of POP contributions. The savings never really stops, but I will likely stop reporting it in this way. 

Thanks for following our journey! Oh, and check back tomorrow I have news on another bit of a windfall!  

No comments:

Post a Comment

I'd love to hear what you think! Thank you for keeping your comments relevant, friendly and clean.