Well, My mom made this blog for my money, then forgot the paassword, I haven't been on this blog for 2 years, and I am probably going to delete it. I have learned alot, and I saved 500 dollars the past year. And, since this blog is no use to me, I might as well advertise my other blogs while it is still up. Here they are.
http://edenforlife.blogspot.com
http://edenmania.blogspot.com
http://artistsblossom.blogspot.com
Hope you enjoyed the two posts I made in the last 2 years. Goodbye blog!
Sunday, June 20, 2010
Saturday, May 31, 2008
$8.45
Short-term GOAL.
Two months. I want to buy a portable DVD player. I need $90 to buy the one I want.
Short-term PLAN: Work with Dad to earn money for DVD player.
Why I want a DVD player: When we're traveling on long long trips, like to Oregon or Washington, then I'll be able to watch movies.
Drawbacks of saving for a portable DVD player: Not being able to buy other things that I want, like other Nintendo DS games, and another Nintendo DS Lite.
Positives of saving for a portable DVD player: If you save, you can get better-quality things.
Long-term goal:
I want to save for a 3/4 of a mansion.
I also want to buy a (red) convertible car.
When is a good time to start?: Now.
How am I going to reach my long-term goal?: By saving money. That's the only way. I think I should put 75% of my earnings toward my long-term goals because I want to be happy when I'm an adult. I'll break that down 75% house to 25% car.
Why start now?: Because if I do that, I'll be able to take care of myself, pay for medical bills and stuff. I want to be able to drive and I want a nice home.
Breakdown:
Portable DVD Player:
Have: $2.11
Need: $87.90
I have $6.35 left
Toward Own Home: $4.76
Toward Convertible Car: $1.59
Two months. I want to buy a portable DVD player. I need $90 to buy the one I want.
Short-term PLAN: Work with Dad to earn money for DVD player.
Why I want a DVD player: When we're traveling on long long trips, like to Oregon or Washington, then I'll be able to watch movies.
Drawbacks of saving for a portable DVD player: Not being able to buy other things that I want, like other Nintendo DS games, and another Nintendo DS Lite.
Positives of saving for a portable DVD player: If you save, you can get better-quality things.
Long-term goal:
I want to save for a 3/4 of a mansion.
I also want to buy a (red) convertible car.
When is a good time to start?: Now.
How am I going to reach my long-term goal?: By saving money. That's the only way. I think I should put 75% of my earnings toward my long-term goals because I want to be happy when I'm an adult. I'll break that down 75% house to 25% car.
Why start now?: Because if I do that, I'll be able to take care of myself, pay for medical bills and stuff. I want to be able to drive and I want a nice home.
Breakdown:
Portable DVD Player:
Have: $2.11
Need: $87.90
I have $6.35 left
Toward Own Home: $4.76
Toward Convertible Car: $1.59
Just getting started
I came up with an idea yesterday that could motivate our daughters to develop income potential, motivate their creativity, and have a place to look at and be accountable to themselves for their cash flow. This is Eden's story.
Signed,
Eden's Mom
Signed,
Eden's Mom
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