I wanted to ask how (or if) others set their short term savings milestones.
For me, each $100,000 is a milestone. I get real excited when that odometer gets close to rolling over.
Also, I have a spreadsheet that divides my total investments by my various estimated spending levels, giving me my savings multiple. Hitting 20x a spending level is a goal for me.
I also have a annual savings goal, trying to reach for the stars each year with how much I can save. This years goal is 100k (which awesomely matches my first goal, a two-fer.
For me, each $100,000 is a milestone. I get real excited when that odometer gets close to rolling over.
Also, I have a spreadsheet that divides my total investments by my various estimated spending levels, giving me my savings multiple. Hitting 20x a spending level is a goal for me.
I also have a annual savings goal, trying to reach for the stars each year with how much I can save. This years goal is 100k (which awesomely matches my first goal, a two-fer.