2010 Emergency Fund Challenge - FINAL - Page 2
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  1. #16
    Registered User beks37's Avatar
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    Ok, finished the bills and checkbook for the week. I have added another $134.44 to savings.

  2. #17
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    I also am not going to set an amount. $25.00 to start

  3. #18
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    Greebo
    -We are sure as we can be my Dh's job is secure. He is in specialized IT and travels internationally or works from home for a large firm that does restructuring for many clients. My DH has 8 accts. even though 2 would be plenty. He is going to Bermuda the 10th for 2 weeks they want him for 3 months but the other clients (spelled CHILDREN) get jealous.

    -We have more consumer debt than we could pay in 12 months and a child in college.
    -my anxiety level jumped up and down last year w/ the E.F.
    -We still are contributing to the retirement fund but started late and are almost (ouch) a decade older.
    -total debt load $107,000ish w/ the main mortgage done 12/2013 and 2nd 5/2016.
    - I hope to dump 1 CC w/ the tax return and pay most of our bank loan w/ double and triple payments while paying tuition and adding $250. at least to savings, we'll see.
    -also need a new furnace. working fine but from 1972 (60% efficient.)

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  5. #19
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    I added $100 today which brings my EF to $863.99. My goal is $1000 and then I'm going to work like crazy to pay off my student loan. My goal is to pay it off in a year.
    Danielle wife to Brandon

    Ava 7/3/12

    Dog mom to: Boost Bruiser Roxy

    Debt:
    Student Loan - Paid in full February 2017!
    Car loan - Paid in full Dec 2015!
    Mortgage - $38000

    Emergency Fund: $5800
    Change jar ???
    Ava's Savings - $4200

  6. #20
    Registered User danni's Avatar
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    I'm in with this one too!! I just added $8.92, so we are now at $495.44.

  7. #21
    Registered User AP102209's Avatar
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    This is my biggest goal this year. I had a baby ten weeks ago, and his father and I live together, but are not married.

    I am not comfortable relying on DB. There are no guarantees. Right now I have no income, no posessions, no car, no savings. Nothing. That is not okay with me.

    Should something happen and I suddenly have to support my son and myself alone, I want to be prepared.

    My goal is to get a $1500 EF set up just for the two of us ASAP. I won't be hiding it, but DB won't have any kind of access to it either.

    When he files his taxes the end of this month, half of the tax credit for Parker is going to me. That $500 will be going directly into my EF. The beginning of February I will be getting a check for anywhere from $500-$1000+. Everything up to $1500 will go into Parker and my EF. Everything above that amount will go into the savings account for buying myself a car(that will be in my name and my name only.)

    We'll also be working on getting a household $1000 EF setup (funded by his income) as well.

  8. #22
    Registered User Lady_V's Avatar
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    Okay... since it's officially 2010, time to kick this bad boy off !

    I added -- $50

  9. #23
    Registered User Suprise's Avatar
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    Okay just added 80.00 so my total is 509.00 half way to my first goal. After I pay down my dept I will fully fund it.

  10. #24
    Registered User nic4549's Avatar
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    I added $35 today. That puts me up to $700 of $1,000.

  11. #25
    Registered User Greebo's Avatar
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    Quote Originally Posted by frugalwarrior2 View Post
    Greebo
    -We are sure as we can be my Dh's job is secure. He is in specialized IT and travels internationally or works from home for a large firm that does restructuring for many clients. My DH has 8 accts. even though 2 would be plenty. He is going to Bermuda the 10th for 2 weeks they want him for 3 months but the other clients (spelled CHILDREN) get jealous.

    -We have more consumer debt than we could pay in 12 months and a child in college.
    -my anxiety level jumped up and down last year w/ the E.F.
    -We still are contributing to the retirement fund but started late and are almost (ouch) a decade older.
    -total debt load $107,000ish w/ the main mortgage done 12/2013 and 2nd 5/2016.
    - I hope to dump 1 CC w/ the tax return and pay most of our bank loan w/ double and triple payments while paying tuition and adding $250. at least to savings, we'll see.
    -also need a new furnace. working fine but from 1972 (60% efficient.)
    I think perhaps you might want to discuss this in the Debt Reduction forum as there are a lot of variables here not directly EF related. What do you think?

  12. #26
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    Count me In, I don't post here much, more of a lurker but as of today we have $83.71 in ours, I would like to have 3k by the end of the year. we shall see. great job everyone. [/COLOR]

  13. #27
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    I'm in. I have $55.62 in there now. I'd like to bring it up to $1,000.

  14. #28
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    Greebo-I think perhap you are a little condescending at times. Do you mean to be?

  15. #29
    Registered User qsaver704's Avatar
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    I have $1000 already. I would like to have at least $2500 by the end of the year. No additions yet.

  16. #30
    Registered User qsaver704's Avatar
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    Quote Originally Posted by frugalwarrior2 View Post
    Greebo-I think perhap you are a little condescending at times. Do you mean to be?
    I have heard more than one person say that to him, but I think he is right. You have lots of stuff going on. At least post this info in the debt reduction thread and see what they will say.....

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