Monday, July 25, 2011

I'm Stoked!!

Emergency Fund Daily Savings   

July 25: ??? / $800

As you know, I made my goal for the month of July to be all about the Emergency Fund. I talked about it the other day, saying that I would nickel & dime it to $1000 if I had to.
Here's how it's panning out so far.

I took the time to sit and roll the coins that were sitting in our 'penny jar' and to count them all. There was even a $5 bill stuffed in there. There was $74.00 sitting there, just waiting to go to the bank.

Add that to the $50 from my pay that also needs to go in the bank, it now becomes $ 124.00!

I also had a cheque in my wallet from someone that I had loaned money to. Add $42.50 to the count, and now the deposit being made tomorrow is $166.50.

For this week, I had decided to transfer over $35 for the week, instead of doing $5 every day. That turns my deposits for the week into $201.50.

So, as of today, there is $476.21 in the Emergency fund. Add tomorrow's deposit of $166.50 and you get:

Emergency Fund Daily Savings = $642.71

That leaves only $357.29 left to get the account to $1000.   

I think I can, I think I can, I think I can!

I'm so excited I could just burst. I want to have that $1000 in the bank by the time we leave for the cottage on August 6th. Hubby & I have agreed that if we can have it all in the bank by then, we treating ourselves to pedicures and 1 Tim Horton's coffee each before we hit the beach!


  1. AWESOME!!!!! Way to snowflake/snowball/avalanche that E-Fund!!!!

    And also, good for you for rewarding yourselves! What is the point of saving if you don't enjoy it a little?

    Happy Cottaging!

  2. Yay!!! That's super duper grrr-eeat!!! *little happy dance!
    (saving the big one for the $1000)

  3. Wow!! You are doing amazing!!! :)

  4. That's wonderful! You are doing great. You are so on track to make your goal. Nice treat by the way :)

  5. This makes me want to get all the coins ive got saved up to the bank. Inspiration thy name is eboo, doesn't quite roll of the tongue... but ah well ;)