The lesson I learned: if we're boring people, we can live on 1,100 shekels a month.
I wanted to try the NO SPEND MONTH again for March but the State of Israel just raised their gas prices (again), which means 1,100 shekels would NOT be enough for us to live on ... unless all we wanted to eat was rice and we never planned on going anywhere.
The upside: We saved money.
The downside: we deprived ourselves a little.
Here are my new goals:
- Put 400 shekels ($110) away each month for our "Vacation Fun Fund" - we're going to the US this summer for my cousin Dave's wedding and we're gonna need some fun money. By my calculation, we should have at least $660 saved up by August... since we already started putting money away.
- Start paying back my student loans. Sure, I don't need to pay them back until March 2012 but I'd like to get a head start on it now.
- Start putting away between 500 to 1000 shekels ($138 to $275) a month for savings. Right now, I have 600 shekels ($165) taken out of my salary each month for savings. I want to start a private savings that will yield bigger returns.
So, those are my financial goals. Think I missed anything?