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Half million!!

July 2nd, 2007 at 04:13 pm

I need to save/come up with $1829 to hit the half million mark in local savings. I never in a half million years ever thought I would say that.
I use to be scared of building spec houses, but ours have always sold quickly. I made it a point of always saving the profit on every house, never spending a dime. Plus still making a car payment and a land payment, but making it to myself (savings account).

Plus this sight has given my a lot of encouragement in my savings plans, especially the $20 challenge.
I closed a small account for $1300 on saturday, so I really only have $529 to come up with. Piece of cake!!!

23 Responses to “Half million!!”

  1. T_I_N_A20 Says:
    1183393021

    wow! That's really great! Congratulation!! =D

  2. miclason Says:
    1183393551

    oooooh!....I'm impressed!...really!!! Smile Congratulations!...that IS quite a milestone!

  3. Tijdzhania Says:
    1183401926

    Wow! What an achievement, congratulations!

  4. mom-from-missouri Says:
    1183403031

    Congrads! Way to go. But, make sure you don't put too much in one account so it goes over the amount that is FDIC insured!

  5. Broken Arrow Says:
    1183404598

    Egads, that's impressive! Congrats!

  6. Ima saver Says:
    1183409446

    I know that Mom-from-missouri. That is why I have it spread at the local banks, all paying over 5%

  7. LuckyRobin Says:
    1183416664

    I hope I'm doing as well when I get to be your age. You've done a marvelous job with your finances.

  8. Nic Says:
    1183419624

    I'm in awe!Smile Way To Go!!!

  9. littlegopher Says:
    1183423745

    Yay for you!! What inspirations you and your husband are!

  10. YOUCANDOIT Says:
    1183424285

    WOW, VERY IMPRESSIVE!!!

  11. reflectionite Says:
    1183429399

    congratulations, thats a lot of hard work!

  12. Thrifty Ray Says:
    1183430446

    and who says you can't get rich while eating out every night!! Wink
    when I grow up I wanna be just like Julie!!

  13. Ima saver Says:
    1183460324

    Don't forget, we eat out cheap!!

  14. monkeymama Says:
    1183471434

    Congrats!!!!!!

  15. nance Says:
    1183643888

    Congratulations! That's great.

  16. Aleta Says:
    1183933384

    Congratulations Ima! You're amazing and someone to look up to.

  17. Ima saver Says:
    1183991117

    Thank you everyone! Now to work on my next half million!!

  18. scottish girl Says:
    1184023494

    You can do it!

  19. moneycents Says:
    1184099296

    Congratulations, Julie. Alot of hard work but well worth it!

  20. anon Says:
    1184393864

    Congratulations on your accomplishment!

    It sounds like you're still pretty young and have most of your money sitting in savings accounts. Have you thought about putting some of it to work in the stock market? You don't need to know anything about individual stocks to buy an index fund (like a vanguard S&P 500 fund). While it will have more fluctuations than a savings account, over the long term, it's almost certain to produce much larger returns.

  21. Ima saver Says:
    1184415963

    Anon, I am not that young. I have all of my IRA money for my husband and myself in vanguard s&p 500 fund. I also have quite a bit in other mutual funds and some in individual stocks. I keep a lot of cash because we build spec houses and pay cash for them.(and the land)

  22. Scott Says:
    1185910520

    Well half a million in saving is a great achievement, so do you not have any debt too? This article
    Text is How to get out of debt and Link is http://www.creditfamily.com/debt-management/get-out-of-debt.aspx
    How to get out of debt can provide suggections for that if need be.

  23. Ima saver Says:
    1185915398

    No, I have no debt except for a small amount owed on my car. I try to keep a car payment to make my husband think we don't need a new car yet. He loves new cars!!

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