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!

8 comments:

  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!

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

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

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

    ReplyDelete
  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 ;)

    ReplyDelete