Our next savings goal on the list for this year is the Emergency Fund. Currently it is at $1400, and our goal for the year is $3000.
I had set up savings accounts with ING for our Laptop and Washer/Dryer that are both on 0% financing. So we had $600 in the Laptop savings, and $1200 in the Washer/Dryer savings to cover the full amounts of the 0% loans. But for both loans I have to make the minimum payment, so the balances of each have gone down and now have extra funds in both of those accounts. So I transferred $200 out of each of the accounts to the EF. Now the EF is up to $1800, over half way to that goal! I also have $500 set aside for my MOH duties in May. So far I have been able to hold onto all of those funds. I paid for my dress back in September and was able to pay for it out of checking. I am going to buy gifts this week, but should be able to cover those out of checking as well. Hopefully I can hold onto most or all of the MOH funds and then that can be transferred to the EF as well.
Getting closer to next goal
March 27th, 2011 at 05:14 pm
March 27th, 2011 at 05:45 pm 1301244342
March 27th, 2011 at 07:14 pm 1301249649