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Today marks the 250th day of the year! That means it’s the 250th day of my 2016 goals, including my savings challenge. I posted an update at the 50-day, 100-day, 150-day, and 200-day marks to help me stay accountable. I’ve made it a goal to post an update every 50 days to help hold myself accountable.
My savings have had a pretty significant change due to my decision to forego my original goal of saving $7557.95 then putting it towards my debt at the end of the year. This goal changed to paying a total of $7557.95 extra on my debts throughout the year.
Here is my 250-day savings update:

 Total Saved: $3,647.75

First 50 Days: $1,116.97

Automated Savings Total: $350.00
Cash Envelope Savings Total: $346.90
Weekly Challenge Total: $425.55

Second 50 Days: $1,614.28

Weekly Challenge Savings: $1001.90
Automated Savings Plan: $350
Change Envelope Savings: $262.38
Interest Earned (Capital One 360): $3.52

Third 50 Days: $493.21

Automated Savings Plan: $350
Change Envelope Savings: $140.57
Interest Earned (Capital One 360): $2.24

Fourth 50 Days: $420.66

Automated Savings Plan: $400
Change Envelope Savings: $17.29
Interest Earned (Capital One 360): $3.37
 

Fifth 50 Days: $423.29

Automated Savings Plan: $350
Change Envelope Savings: $69.72
Interest Earned (Capital One 360): $3.57
 
I’m still struggling with returning to my cash envelope system due to difficulty accessing the bank. I need to make this a priority.
My goal for the coming 50 days is to focus on finding ways to increase my savings. I have a little over 100 days to double what I have saved to date. Wish me luck!

Total Debt: $69,106.13

Down $2,876 in the past 50 days!

It’s so great to be able to see ongoing progress, particularly with my debt!

How are you doing on your yearly goals?