Feeding the e-Fund
Goal: $25,000
Previous Balance: $20,589
Recent Deposits: +$842.89
- Monthly Interest: $42.89
- Auto Deposit: $100.00
- Manual Deposit: $700.00
New Balance: $21,432
Additional Savings Needed: $3,568
I spent quite a bit of time organizing my finances this weekend. I reconciled my personal and business accounts, paid all credit card balances in full, scheduled all bill payments through the end of November, and set reminders for any December bills received. Afterwards, I noticed the checking account balance had room to move a little extra to my e-fund ($700) and set a spending budget for Thanksgiving related expenses ($500). Barring no other emergencies, I have just enough left to cover monthly necessities and a little weekend entertainment.
~*~*~*~*~*~Work to achieve, not to acquire.
And always, BE FABULOUS!
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*hands waving to the beat*
Go Ma, Go Ma….
I was so inspired by you that I pushed to meet my year-end savings goal. Thanks much.
Way to go Single ma
I guess in a few months, you will get bored again and come up with a new goal ! LOL
That’s a great looking E-Fund SingleMa. I’m sure you’ll hit your $25k goal in no time. Maybe then, you can treat yourself to a little shopping spree.
If there is an emergency tomorrow for $1,000 I could do one of two things:
Wait a few days for my next paycheck or cash out my cds early.
I am so in awe of you. You have definitely inspired me to be more persistent in my efforts. As far as the emergency, I’ll have to cash out a CD ( wich i’d hate because I’m saving for my house deposit)…….BUt in the meantime, I”m building up me e fund (separate), but i’ve got a buffer if need be.