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In total, I will need to save up around $2500 dollars. In order to achieve that I will need to set aside $250 per paycheck (2 paychecks per month) and limit my spending on various things. Since I am saving so much money, I can't buy as much stuff as what I would normally buy. I look to accomplish this in 5 months.
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I will need to set aside $250 per paycheck. So after this first paycheck, there is now $250 in my savings.
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Total savings amount: $500
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Total savings amount: $750
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Total savings amount: $1000
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Total savings amount: $1250
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Total savings amount: $1500
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Total savings amount: $1750
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Total savings amount: $2000
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Total savings amount: $2250
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Total savings amount: $2500
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If I saved the minimal amount each paycheck, then I should have enough money to purchase the used car I want to get.
