OK everyone! Keep going! It's May already and have you noticed how much your emergency fund has grown? This really works for me. I'll let you know when I have deposited my $200.00. How are you all doing?:smball:
Mine's not an emergency fund, well sort of. It's a freedom account. I'll join this challenge now that I have opened my account. This is to pay non-monthly expenses like car insurance, sewer rental, and internet service.
My total is $50.00 so far. I will deposit $100.00 every 2 weeks.
Unfortantly every time we have somewhat of a Emergency Fund started up we have to move some of the money over to checking to cover more charges from our bank or we have to move the money over to checking to cover more bills that have come in.
Mine isn't called an emergency fund, but a van fund. I'm putting all the money into one account to surprise dh on his 60th birthday, so that he can take a full retirement. If an emergency arises, I will take money out of that account. I'll be adding $800.00 per month along with all of dh's overtime (at least thats my plan).
Each time the account reaches $2000.00 I'll be putting the amount into a GIC also.
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