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Emergency Fund Update

April 11th, 2013 at 11:56 pm

Today was the weekly auto transfer of $10 to savings, which brings the EF to $3373.65. I have $81.35 to go to hit my April goal of $3455. I do have a deposit of $31.10 ready to go for when I make it over to the CU that holds my safety net portion of the EF. And there will be two more auto deposits of $10 each before the month's end, so technically I only need to scrape up $30.25 to meet my goal. That is definitely doable.

It is really nice seeing my Emergency Fund growing again. We spent so much time with a $1000 EF while paying off debt that I just wasn't used to having a nice balance in the bank. As it grows I feel more and more secure and less and less like I'm only $1000 away from disaster. Now I'm $3000 some away from disaster. I'd really like to be $30,000 away from disaster but that will definitely take some time.

It sounds like the house really may be finished this month. I hope so. I really want to get it on the market and get it sold. I am tired of throwing money down a pit and I want to be able to move on to finding a small farm and our forever home. I don't like living life in limbo.

3 Responses to “Emergency Fund Update”

  1. rob62521 Says:
    1365730189

    Your EF is on the right track. Congrats!

  2. creditcardfree Says:
    1365731374

    Great job getting the EF built up! This time of year is a great time to sell...I hope it goes fast once you have it on the market.

  3. CB in the City Says:
    1365772481

    I love building up the EF! I haven't done much lately because of taxes, but I'm ready to turn that around!

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