Earlier this week, it dawned on me that the money for my second semester of graduate school isn’t going to fall out of the sky, and that I need to start socking money away for tuition, in addition to my first semester bill next fall. So I logged into SmartyPig and set up a new savings goal with automatic deductions from my checking account. Looking at the money I’m trying to save for both school and a new computer has me thinking differently about saving for higher education. It’s a lot different from when my parents were paying for it, and that’s all I had to worry about. I must admit, it also has me thinking differently about how I spend my money on a daily basis for the little things.
Watching my savings grow for specific goals on SmartyPig has been fun, but it’s been eye opening too. One of the oddly satisfying things about SmartyPig is that once you have a goal set up, you can have automatic deductions set up, of course, but you can also transfer as little as $1.00 from your regular checking or savings account into a SmartyPig goal. So in theory, I could take my lunch to work instead of eating out at one of the yummy places near my office, then I could transfer $5 (or whatever amount I’d saved) into a particular goal, and I can’t touch it until I close that goal out. I’ve started to turn this saving-for-school thing into a game, much like a kid with a piggy bank who’s saving for a new toy. I do feel much of the same excitement, actually, since getting an MLS has been a dream of mine for 10+ years!
I just wish I’d started saving for it sooner! *sigh*