2011 Emergency Fund Challenge

**crafty73** · 01-19-2011, 01:00 PM

My Emergency Fund is just, well, pathetic lol But I need to turn that around. This past week, my stove died, couldn't be fixed, the ancient clunker is dead dead dead. So, will have to get a new one. Since we are doing renovations, this wasn't great timing for us. So at the end of the month I will be adding my change jar fund to my emergency fund (decided to use the monthly totals from my change jar challenge) and its anyone's guess after that how much I can for january (I'm only paid once a month - on the 28th).

My goal is to save $6,000 and I'm sticking to it, I'll make it happen regardless of the setbacks. Dbf was like "oh great, what a time to lose a stove and we don't have the money right now to buy a new one." That's when I looked at him and said "well, that's why its important to have an EMERGENCY FUND!"

**Mom2-3** · 01-19-2011, 10:03 PM

Added $167.56 today

**TheresaRHPS** · 01-20-2011, 08:50 AM

Last week added $58.05! Combine that with $0.19 interest, and I'm now up to $558.24!

Opening the account this past October, I thought I would have more in there by now, but Christmas hit me kinda hard, and I let my checking get up to a steady amount, neglecting the savings. I'm ready to get back on track this year.

My son's change jar is up to over $100 and its nearly crammed full...I have a feeling that will be getting emptied into the savings account as well very soon, which will help.

**madhen** · 01-20-2011, 10:15 AM

Waiting for payday to add more to mine - three more days!!

**TheresaRHPS** · 01-22-2011, 11:37 AM

Friday's paycheck added another $100 to the savings...for a grand total of $658.24

**qsaver704** · 01-22-2011, 01:37 PM

added another $40 for the past two weeks auto draft
also added $22 additional

signature updated

**emily_hope** · 01-23-2011, 08:35 PM

Added $23.80 to my EF...

**Lady_V** · 01-28-2011, 04:33 PM

Added $150 today

Goal: $3000
TOTAL UNTIL GOAL: $2365

**bumplett** · 01-28-2011, 04:48 PM

Goal for 2011 is to increase EF by $5000
(this would mean saving approx $400 a month for 12 months.)

Added $175 today.

Total to date: $572.86 (pretty good for one month, above target!)

**Palooka** · 01-28-2011, 08:18 PM

Added 25 today.

**qsaver704** · 01-28-2011, 10:57 PM

added $20 on Wed. and $29 today

**madhen** · 01-28-2011, 11:38 PM

I haven't been able to contribute this pay period. With Samson getting sick (major vet bills) and then the donkeys needing work (more major vet bills), I just haven't had the extra to put in. I will try to make up for it next pay period.

**emily_hope** · 01-30-2011, 03:00 PM

Added $9.80 to the EF...

**Greebo** · 01-31-2011, 08:25 AM

Payday - $300 to the EF

**Emjo** · 01-31-2011, 04:02 PM

I'm in for this challenge too! My goal is to get my EF up to $6000 this year. I just added $100 today, bringing it up to $2107.73. I'm hoping to add another $150 in February, and then a BIG chunk of money when I get our tax refund in March!