Cute Pig Image found here
We are on the way to achieving our goal!
Today, thanks to modern technology, we applied online, about 30km apart, and opened an online savers account.
We decided to go with UBank mostly because it rates highly by Money Magazine and Choice and because of its ease of applying. It also has an attractive interest rate, always a bonus when saving money.
At this stage we are aiming for a joint deposit of $80 a month, plus earnings (more on that in a minute). To get to our target of $20 000 it will take 13.25 years by only depositing $80 per month.
This is ok. But we have a plan.
On top of this we are going to have a bit of fun and start selling things on ebay. So far I have made about $50 (excluding ebay fees) selling 1 book, 1 scrapbooking trolly and an assortment of scrapbooking items. This was via my personal ebay/paypal account. Because of ebay/paypal fees the total made will be not quite $50, but once it all clears, I will be depositing this into our Ubank account.
Very exciting stuff.
We also have a few other fun money making ideas in the pipeline, mostly for our own amusement, but if it gets us a few $'s closer to our goal......
In the next few days, I'll see about setting up our ebay account and linking it on the blog.
xxLela
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