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Emergency Fund Addition...Finally!!

June 15th, 2010 at 02:26 pm

Finally after a couple of months of nearly zero progress on our emergency fund I was able to add $430 today.

New Balance: $1861.63

My plan going forward is to add $430 each month for the next 6 months of the year. This will push us to $4,441.63. Sometime late summer or fall we will sell our car for $2500. (This is a planned sale to our neice.) This puts us about $60 shy of our goal, but I expect with interest earnigs to meet the $7K by the end of 2010!

All of our other extra funds will go towards paying off the van loan. I'm looking forward to that!

Posted in Saving | 5 Comments »

5 Responses to “Emergency Fund Addition...Finally!!”

  1. Homebody Says:
    June 15th, 2010 at 02:57 pm 1276613875
    1276613875

    It feels good to finally make progress towards your goals doesn't it?

  2. scottish girl Says:
    June 15th, 2010 at 05:58 pm 1276624726
    1276624726

    that's brilliant! Smile

  3. sagegirl Says:
    June 15th, 2010 at 10:26 pm 1276640796
    1276640796

    That is a wonderful, and well thought out, plan. You are doing great!

  4. HelpMeFriend Says:
    June 16th, 2010 at 12:21 am 1276647697
    1276647697

    Good job! It feels good to hit a goal, especially when you are having a hard time imagining the finish line.

  5. frugaltexan75 Says:
    June 16th, 2010 at 05:02 am 1276664525
    1276664525

    Way to go!

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