Short-term financial goal
By April 2006 (when I'm due to finish my Ph.D.), I want to have saved $5000 of my scholarship income (my main source of income). At the moment I have just over $1000, leaving me with $4000 to save in about 32 weeks. This means I need to average $125 per week. To achieve this I have to come in at $15 under budget on average per week. As my last post indicates, I've been doing this so far.
This should hopefully be relatively easy to achieve. If I carry on my current circumstances, I think I would do it comfortably. However, I will be moving out of halls of residence in December which should save me something like $30 extra per week. I actually don't think saving $6000 is out of the question. But I'll stick with aiming for $5000 as something unexpected will probably crop up.