<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > Page: 2
 

Viewing the 'Emergency Fund/Coin Jar' Category

Emergency Fund Update and Musings

March 12th, 2016 at 01:06 pm

$16,322.85 Starting Balance
+__,221.67 Deposit Added
--------------------
$16,544.52 New Balance

I have passed the half-way point on my second mini-goal of 2016, which is to get the EF from $16K to $17K. $455.48 to go. I was hoping to have met that by the end of April, but with DH's paycut going into effect at the end of the month, I'm not sure I will. It might be the end of May.

One of the things I am debating is whether or not I should keep saving for the down payment or if I should just start shoveling everything into the Emergency Fund and if the contract is won at the end of June, then just transferring the money to the Down Payment Fund then.

It all goes into the same bank account. I know it is just a question of where to put it on the spread sheet, but I have told myself I will not touch the money in the DPF until we are ready to buy a house, unless it comes down to needing it to live on. I guess it is a mental thing.

Well, and then there is the mental thing of only touching the EF if there is an Emergency and not really even wanting to do it then. So if all goes well I still may have a psychological problem transferring the money to the DPF from the EF. I don't even know what that is. Maybe a little of my OCD coming through?

Maybe I need to set up a short term holding tank, from which I can easily move stuff later. I shouldn't have to play these kinds of mind games with myself to funnel money to the proper location. Anyone else go through these things or am I just sort of on my own there? I know it is rooted in the financial insecurity we had in the past, but I really thought I would have gotten over it by now having been out of consumer debt for almost a year.

Emergency Fund Update

March 4th, 2016 at 10:26 am

$16,172.85 Starting Balance
+__,150.00 Monthly Deposit
--------------------
$16322.85 New Balance

$677.15 to go to hit my next mini-goal of $17K.

C1-360 Interest to the Emergency Fund

March 1st, 2016 at 10:30 pm

$16,140.50 Starting Balance
+__,_32.35 C1-360 Interest
----------------
$16,172.85 New Balance

$827.15 to go to hit my next mini-goal.

Costco and AMEX Rewards to the EF

February 22nd, 2016 at 02:42 pm

I got my Costco rewards check in the mail a couple of weeks ago and my Costco AMEX rewards check in the mail last week. We made it over there today and got those cashed. The first one was $51.75 and the second one was $42.37.

I went ahead and threw the change in the coin jar, rolled up the coins and got all my bills from there as well and made a deposit to the Emergency Fund of $138.50.

I have also decided to stop making the $10 weekly deposits to the Emergency Fund. We are going to be closing that credit union account and while it was a really good tool to save in the beginning when we couldn't put much away, it seems a little redundant now.

So from now on I will do a monthly deposit of $150 instead of a monthly deposit of $100 plus 4 to 5 weekly deposits of $10 depending on how many Thursdays were in a month.

$16,002.00 Starting Balance
+____51.00 Costco Rewards
+____42.00 Costco AMEX Rewards
+____30.00 Coin Jar Cash
+____15.50 Coin Jar Coins
----------------------
$16,140.50 New Balance

$859.50 to go to hit my second mini-goal of 2016 and $3,859.50 to go to hit my next milestone goal.

P.S. to Laura and PatientSaver, I bought some organic chicken pot stickers at Costco and they also had just vegetable ones. I did not see anything in the ingredients that wasn't vegetarian (it might have even been vegan, but I can't remember if it had eggs or not). Anyway it is Bibigo brand and the chicken ones are fabulous. They beat the Trader Joe's ones hands down. Thought you might like to try them if they have them in your area. They're in the freezer section.

Emergency Fund Update--Goal One Met

February 19th, 2016 at 07:40 pm

$15,830.42 Starting Balance
+__,171.58 Deposit Added
-----------------
$16,002.00 New Balance

First Mini-Goal of 2016 met. $998 to go for second mini-goal. $3998 to go for next milestone goal.

Emergency Fund Update

February 5th, 2016 at 05:44 pm

$15,803.42 Starting Balance
+__,_20.00 Leftover Spending Money
+__,__2.00 Coin Jar
+__,__5.00 Farm Sales
------------------
$15,830.42 New Balance

$169.58 to go.

Emergency Fund Update

February 4th, 2016 at 12:01 pm

$15,793.42 Starting Balance
+__,_10.00 Weekly Deposit
------------------
$15,803.42 New Balance

$196.58 to go.

DD Payback to Emergency Fund

February 1st, 2016 at 11:48 am

My daughter used my card to order something off of Amazon. She reimbursed me. I tend to absorb those sorts of things into my payment each month, so any money she pays me back goes into the Emergency Fund. I also had some ones in the coin jar so deposited those, too.

$15,715.42 Starting Balance
+__,_78.00 Deposit
----------------
$15793.42 New Balance

$206.58 to go to hit my next mini-goal. I am hoping to do this by the end of February.

Interest to the Emergency Fund

February 1st, 2016 at 08:41 am

$15,681.94 Starting Balance
+__,_33.48 C1-360 Interest
------------------
$15715.42 New Balance

$284.58 to go for my first mini-goal of 2016.

Emergency Fund Update

January 29th, 2016 at 08:28 pm

$15,671.94 Starting Balance
+__,_10.00 Weekly Deposit
----------------
$15,681.94 New Balance

Another Emergency Fund Update

January 22nd, 2016 at 06:05 pm

$15525.58 Starting Balance
+__100.00 Monthly Deposit
+___46.36 Extra money leftover from last payday
--------------------
$15671.94 New Balance

$328.06 to go to hit my first mini-goal of 2016.

Emergency Fund Update

January 22nd, 2016 at 02:07 am

$15442.58 Starting Balance
+___10.00 Weekly Deposit
+___73.00 Farm Sales and Coin Jar
------------------
$15505.58 New Balance

$494.42 to go to hit my first mini-goal of the year. $4,494.42 to go to hit my next big milestone.

EF Update

January 19th, 2016 at 08:15 pm

$15432.58 Starting Balance
+___10.00 Weekly Deposit 1/14/16
-------------
$15442.58 New Balance

Emergency Fund Update

January 7th, 2016 at 05:38 pm

$15,422.47 Starting Balance
+__,_10.00 Weekly Deposit
+__,__0.11 Interest
-----------------------
$15432.58 New Balance

$567.42 to go until my next mini-goal and $4,567.42 to go until my next milestone.

Interest plus Weekly Deposit to EF

January 1st, 2016 at 01:44 pm

$15,365.03 Starting Balance
+__,_10.00 Weekly Deposit
---------------------
$15,375.03 Subtotal
+__,_31.32 C1-360 Interest
+__,_16.01 CU#1 Interest
+__,__0.11 CU #2 Interest
---------------------
$15,422.47 New Balance

$577.53 to go to hit my first mini-goal for 2016. It is nice to be almost half way to that mini-goal on January 1st! $4,477.53 to go to hit my next milestone goal of $20,000.

Farm Sales and Pinecone Check to the EF

December 28th, 2015 at 08:58 pm

I finally made it to the credit union today to deposit my Pinecone check, the $75 from selling a rabbit, and the rolled coin in my coin jar. I've had them for a week, but with the holidays, just hadn't had the chance to deposit them. I added it to the Emergency Fund.

$15.255.53 Starting Balance
+__,109.50 Deposit Added
------------
$15,365.03 New Balance

$634.97 to go to hit my first mini-goal for 2016 and $4,634.97 to go to hit my new big goal.

Emergency Fund Update

December 27th, 2015 at 10:41 pm

$15,245.53 Starting Balances
+__,_10.00 Weekly Deposit
---------------------
$15.255.53 New Balance

Emergency Fund Update

December 18th, 2015 at 11:35 am

$15171.18 Starting Balance
+___10.00 Weekly Deposit
+___21.35 Extra Funds
+___43.00 Egg Sales and Coin Jar
---------------------
$15245.53 New Balance

Emergency Fund Update

December 15th, 2015 at 06:19 pm

$15,000.00 Starting Balance
+__,171.78 Deposit Added
---------------
$15,171.78 New Balance

My next goal for the end of 2016 is $20,000, but I will be happy to get to $18,000.

Christmas Fund Update

October 8th, 2015 at 01:55 pm

$345.84 Starting Balance
+_10.00 Weekly Deposit
+_67.00 Rabbit Money
+_13.00 Coin Jar Money
---------------------
$435.84 New Balance

$514.16 left to hit my goal of $950 (revised down from $1000 since I put a $50 deposit down for my turkey).

January Money Fund Update

June 1st, 2015 at 09:55 pm

$2258.43 Beginning January Money Fund Total
+__10.00 Weekly Savings Deposit
+__30.18 C1-360 Interest
-------------------
$2298.61 New January Money Fund Total

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.

Emergency Fund Update

May 25th, 2015 at 12:31 pm

$14,931.89 Beginning EF
+__,_10.00 Weekly Deposit
----------------
$14,941.89 New EF Total

I haven't made it to the credit union yet to deposit the farm sale proceeds. Hopefully I will remember to do that tomorrow.

$58.11 to go.

My EF is So Close

May 16th, 2015 at 11:25 am

$14,831.89 Beginning EF Amount
+__,100.00 Monthly Deposit
------------------
$14931.89 New EF Total

$68.11 to go to hit $15K.

I think I might make this before June. I have 2 $10 weekly deposits left for this month and I currently have $23 in the coin jar, so that is $43. I am 2 dimes short of a roll, which would put me at $48. I'm sure one of the kids has 2 dimes I can trade for nickles and that would leave me with $20.11 to come up with by the end of the month. There is technically another payday the last Friday of this month, but I'd rather scrape it together before then somehow. It's more fun that way.

ETA: I forgot, I am selling a rabbit tomorrow, $20, 6 turkey eggs tomorrow,$3, and I am currently saving a week's worth of turkey hatching eggs for someone else at 50 cents each, so I do have this.

EF Weekly Update

May 15th, 2015 at 01:16 am

$14,821.89 Beginning EF
+__,_10.00 Weekly Auto deposit
---------------------
$14,831.89 New EF Balance

$168.11 to go to hit my goal of $15K.

EF is Almost There

May 8th, 2015 at 04:23 pm

$14,735.37 Beginning EF Total
+__,_20.00 Two Weekly Deposits
+__,_10.00 Pinecone Check
+__,_20.00 Egg Money
+__,__7.00 Coin Jar ones
+__,_29.52 C1_360 Interest
-----------------------
$14,821.89 New EF Total

$178.11 to go to hit my goal of $15K. I should hit this next month.

Weekly EF Deposit

April 30th, 2015 at 08:02 am

$14,735.37 Beginning EF Balance
+__,_10.00 Weekly Deposit
----------------------
$14,745.37 New EF Balance

$245.63 to go to hit my goal of $15K. I am hoping I will hit it next month. Since there is an extra payday in May, I think that I can. Once I hit $15K I am going to start working on building up some of the other funds. I need to add money to the December/January Money Fund next and the Tire Fund. We need to replace the tires on the van in 5 months, so I need to save $200 a month for that.

EF Update

April 28th, 2015 at 10:27 pm

$14,533.37 Beginning EF Total
___,_10.00 Weekly Deposit (last week's)
___,100.00 Monthly Deposit
+__,_92.00 (Farm sales plus coin jar)
---------------------
$14,735.37 New EF Total

$264.63 to go to hit my goal of $15K.

EF Update

April 16th, 2015 at 01:12 am

$14,489.37 Beginning EF Amount
___,_29.00 Egg Money
___,__5.00 Pinecone Check
+__,_10.00 Weekly Deposit
-----------------------
$14,533.37 New EF Total

Yay, less than $500 to go to hit my goal of $15K! $466.63 to be exact.

EF Update and Bought a Camera

April 11th, 2015 at 01:17 pm

$14,479.37 Beginning EF Total
+__,_10.00 Weekly Deposit
----------------------
$14,489.37 Ending EF Total

I have been super busy this week with the garden, but I hope to do a real update today or tomorrow. I bought my camera. I ended up going with a $150 Canon Power Shot. It is lightweight, small enough to fit in my pocket, the lens closes, and it is a gorgeous blue color. I am very happy with it so far for taking photos. I still have to do videos with it, though. That is also something I will do this weekend, as I want to record my garden progress for my farm blog. I'll likely post a link here, too, though.

I got a $5 check from Pinecone in the mail today, so that will get added in on Monday.


<< Newer EntriesOlder Entries >>