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EF Goal Achieved! I Hit $15K! And New Goals

May 26th, 2015 at 03:45 pm

$14,941.89 Beginning EF Total
+__,_58.11 (Egg and Rabbit Money, Coin Jar)
-------------------------
$15,000.00 New EF Total

I have finally hit my goal of $15K. That gives us bare minimum expenses for 3 months. While I would like to get the EF to double that one day, for now I am going to pause the EF savings, probably for the rest of the year, and work on some other shorter term goals. First up is funding the January Money Fund and the Tire Fund. Today I deposited the rest of the coin jar money into the January Money Fund.

$2193.65 Beginning January Money Fund Total
+__32.39 Deposit Added
----------------
$2258.43 New January Money Fund Total

So from now on the weekly $10 deposit, the monthly $100 deposit, farm sales, and coin jar savings will go to fund either the Tire Fund or the JM Fund.

14 Responses to “EF Goal Achieved! I Hit $15K! And New Goals”

  1. Bluebird Says:

    Congratulations!!! Knew you would do it! 😀

  2. creditcardfree Says:

    Congratulations!! That is a pretty good EF. Good luck with your next goals.

  3. Jenn Says:

    Congratulations! It's been rewarding to watch your journey.

  4. FrugalTexan75 Says:

    Congrats!

  5. VS_ozgirl Says:

    Congratulations on reaching your goal and progressing onto the next one, this is quite an accomplishment!

  6. Househopeful Says:

    Great job meeting your goal! Please forgive me if you have already defined it, but what is the January Money goal?

  7. CB in the City Says:

    Awesome! Love hitting a goal!

  8. scottish girl Says:

    Congratulations!!

  9. Ima saver Says:

    That is wonderful, Robin!!

  10. Miz Pat Says:

    Woot! Major accomplishment!

  11. LuckyRobin Says:

    Househopeful, the January Money Fund is due to the fact that every year DH's work shuts down at Christmas time. He ends up going 4 weeks without any pay because they don't get paid vacation. Sometimes it is mostly in December and sometimes it is mostly in January. Either way, I try to save up enough money to get through the no income month without having to dip into the Emergency Fund.

  12. LuckyRobin Says:

    Thank you, everyone.

  13. scottish girl Says:

    Is the January Money Fund in the same account as your EF?

  14. LuckyRobin Says:

    SG, yes, it is, but it is in its own sub-account. I keep all my savings in an online account, except for about $2000, which I keep locally for faster access. If there is an emergency I figure $2000 would keep us going until we could transfer more.

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