<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > Category: Emergency Fund
 

Viewing the 'Emergency Fund' Category

I've Been Published!

August 21st, 2007 at 04:20 pm

So I've been toying a bit with Associated Content. It's a website that let's you submit pieces of original work, and they pay you. You can write about anything you want (as you will see). And they pay you when they publish your work - so it doesn't even have to be viewed - which makes it a lot better deal in my opinion, much better than AdSense!

http://www.associatedcontent.com/article/347108/an_early_birds_guide_to_destin_dinners.html

http://www.associatedcontent.com/article/346429/the_best_tasting_diet_soft_drinks.html

The money I make I am putting into my EF. So I'm pretty excited about this!

Fessing Up

August 14th, 2007 at 05:09 pm

Okay, so I was bad today, and decided to go out for lunch. I just can't stay couped up at work all day! I need to find something to do during lunch that is free! Any who, I didn't spend a lot of money, just ordered off the Dollar Menu @ Burger King. It wasn't even that great really, I will try to keep that in mind next time! Luckily I only spent $3. But that's $3 that could have gone into my EF Frown Maybe this will make me be good the rest of the week. All I can do is try!

The $72 Check

August 12th, 2007 at 05:53 pm

So I know I told everyone I would be sending all of my babysitting money straight to my crecit card. Last night, however, I started thinking about my emergency fund. I've read over and over about how important it is to have an EF. This I do not have. My emergency fund has been praying for no emergencies! And, in the back of my mind, knowing that I have two open credit lines with several hundred dollars available in case of an emergency. But seeing as I am trying to wean myself off credit cards, I have decided I can't rely on them for emergencies either (but I am still not closing either of those accounts - just in case)!

With that being said, I've decided to start up an EF. Hopefully no major emergencies come up, because it is going to be a slow-growing account! But I've decided to stash $25 a paycheck into the account, and then just $5 or $10 whenever I run into some extra $$$. So I will be starting my EF with a whopping $5!

But I'm not stopping there. I've also realized that I have a couple of trips coming up that I need to set money aside for. So, I will be following my EF guidelines and stashing the same amount of cash to these funds as well.

Along with my EF, I will have "My Best Friend's Wedding Fund" - and no, not like the movie. In October, I will be a bridesmaid in a beach wedding (luckily - cheap shoes!), but I know there will be bar tabs and that sort of thing, so I need a little bit saved up.

Then the very next weekend (translation: no time to save up more money) is what I will call "My Tim Tebow Weekend." Yes, I am a UK alum, and yes, I love UK football, but hello - have you seen Tim Tebow??? So anyway, there will be money for tickets and a hotel, I guess, since it I'm thinking it's going to be a girl's weekend. Now I just have to devise a plan to meet Tim. I know my way around the Home Team locker room, but I never would have thought I needed to learn where the VISITING team's locker room was! I'll keep you posted on that front!

So now all I have to do is set up a couple of savings accounts. I've read about ING accounts. Does anyone have any favorites though? I literally will be opening these with like $5 deposits. I would like something that pays interest, maybe 4% to 5%??? I don't really want to put the money in my local bank's savings account. I earn like no interest, plus it is too easy for me to transfer into my checking account!

Thanks for any advice in advance!