End of May/Start of June:
$10,900 budgeted in the savings category
$ 3,300 net income according to YNAB
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Update for end of May
YTD - $14826.40
(I am not counting compulsory super contributions)
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We decided to buy a house, and I have no idea how to count that all in terms of this challenge.
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You can count anything that goes towards principal as saving, like down payment!
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It’s hard though because that was money that was already sitting there in our bank, so I always struggle with how to split out “is what I’m currently saving when I move something to a new account? Or only as it comes in and isn’t spent on consumption?” So like, is it the total movement of the cash or just net changes? 
and frankly I’m not tracking net changes all that well. Ughhhhh.
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Don’t worry about it, and shore it up later 
Essentially focus on the house buying and work out the rest later.
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But it’s the end of the moooooonth, I have to do numbers 
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update for May -
retirement savings: $974 (a little higher than previous months; I got a raise and kept the savings percentage the same - thanks for setting up that automatic deduction, past me! 
)
savings account: $1216
bringing my YTD total to $15169, 76% of the way to my goal.
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$13576.31 saved. Very happy about this.
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As you should be. That is a serious chunk of change
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Haha I should probably clarify that said chunk of change is for the year, not for the month.
Still a pretty nice chunk of change for YTD, though.
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we’re not at 50% of the year and you’re more than 50% of the goal.
You could buy a really nice stove with that kind of money 
Or a small Hermes Birkin bag if they’d let you (the stories of what people to do qualify to purchase a bag are beyond my understanding of the world)
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At the end of May we are $10480/AU$29 425. Technically just behind track but…
We are in discussions to write off saving any money this year and instead spend our savings. I have been living with Mr Pancakes for 12 years and have never had a year where we didn’t save anything so this is a big deal. We have lots of things we’d like to do around the house, in addition to having a new baby joining us in a few months, and taking a pay cut due to COVID19. 
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Do what makes sense! And if you saved that much already, you’re even better off with money to spend to get ready for new tiny human. <3 Savings is for spending eventually, that’s always the point. You might be in the year where it’s time to spend!
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May Retirement Savings
- $2,000 Roth IRA 2020 (Maxed!)
- $1,800 457 plan
- $142.78 mandatory employee contribution
- $414.54 employer contribution
- $0 403(b)
Total YTD: $15,446.78
77.23% to 20k!
Should reach 20k in two months with current planned contributions through work. This obviously assumes I don’t get a paycut or lose my job or any of the other things none of us can take for granted anymore.
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It’s about 75% of what I made per annum in grad school, so definitely A Good Thing.
I can’t imagine buying a Birkin, it makes no sense to me. O.o
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They aren’t even cute.
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I recently discovered that my workbag is a Firkin, knock-off Birkin. Whatever. It was $30 on amazon, came in bright blue and fits my laptop and notebooks.
I do not understand spending the equivalent of a car on a purse.
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Someone else is supposed to buy it for you from what I understand. There was a whole episode of Planet money years ago all about how they created the faux demand for it as a luxury good.
not to get completely off track but here's the bag I want, it's $18
https://us.shein.com/Cat-Ear-Detail-Pocket-Front-Backpack-p-920394-cat-2151.html
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Yes. yes, very good. You should have that bag. Back to the Birkin business though, I would still be mad at someone spending that kind of money on a bag for me. Hell I had all kinds of feels about a $300 robe I got for christmas one year. Do these people not realize how much food I could buy with $300?!
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